Understanding Lynx Staking Wait Times
Published: November 2024 | Last updated: November 2024
Key Points
30-block waiting period (approximately 150 minutes)
Applies to both receiving and spending staked coins
Staking Process Explained
Initial Deposit Wait Time
When you deposit coins into your staking wallet, there's a mandatory 30-block waiting period before:
Your coins become eligible for staking
Your wallet can begin participating in the staking process
Reward Maturity Period
After earning coins through staking:
A 30-block maturity period must pass
This takes approximately 150 minutes
Coins are locked during this period
After maturity, coins become available for sending or further staking
Improved Efficiency
The 30-block waiting period represents a significant improvement over the previous Proof of Work system:
Previous system: Several months waiting time
Current system: ~150 minutes
Results in more efficient coin circulation
Better user experience overall
Common Question Addressed
Q: "I deposited coins and enabled staking, but nothing is happening. Why?"
This is normal. Here's what to expect:
After depositing coins, wait 30 blocks
Your wallet will automatically begin staking
Verify staking activity in your debug.log file:
Look for regular stake-related messages
Occasionally, you'll see notifications of blocks won by your node
Monitoring Your Staking Activity
To confirm your wallet is staking properly:
Check your debug.log file
Look for consistent stake-related outputs
Monitor for successful block wins
Track your earned rewards
Remember: The 30-block waiting period applies to both new deposits and staking rewards, ensuring network security while maintaining efficient coin circulation.
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