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RE: Gridcoin New Feature; Side-Staking (and what I am doing with it!)

in #gridcoin6 years ago

OK I see what you are saying. Yes an encrypted wallet with a lost passphrase for example could stake indefinately and the side stakes could go elsewhere. There is an element of trust I suppose in that you cant guarantee the passphrase is lost, someone (even accidentally) could still have a copy.
It is possible to make true burn addresses that have no possible authentic private key, and that is what I was thinking about, but they cannot stake because they cannot sign the coinstake transaction.

I agree with you on no reply notificatins on steemit, annoying!