What is Staking?
Staking is a process in which your spacecoin balance is essentially used as "mining power" to generate new spacecoin blocks.
If a wallet generates a new block, it earns the coins from the block reward. The same as mining.
You must have a spacecoin balance to be able to stake. Mine or buy coins first.
About Spacecoin Staking
50% of spacecoin's blocks are generated via staking. Blocks happen about every 30 seconds.
There should be roughly 1 block to stake every 1 minute and 1440 blocks each day.
The Spacecoin proof of stake (PoS) algorithm works best when coins are sorted into 64 addresses. Each address is assigned a number called a segID. To maximize the odds of staking a block, it is in your best interest for your wallet to have your coin balance split into each of the 64 segID addresses.
How to stake?
(recommended for maxiumum rewards)
Follow the Spacecoin Staking Node Guide to setup a proper staking node with 64 segID addresses.
You can stake with the Spacecoin-QT wallet.
Download Spacecoin-QT, run the software and wait for the blockchain to sync.
Send coins to your wallet. Then return to the spacecoin-qt folder and click on the stake file.