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Topic: [ANN] 10k Coin | Now with 10% PoS and 10000% Superblocks | 10k/MMXIV Market OPEN - page 188. (Read 186744 times)

legendary
Activity: 927
Merit: 1000

ok, that makes sense. So is the idea to keep my wallet open pretty much the whole time? Is it right to assume that having it open will increase my weight therefore increasing the likely hood that I will stake each and every time rather than running into orphaned stakes from time to time?

With each passing block you coinage increase and with a open wallet in staking mode you have a chance of earning the POS reward with each passing block. Remember your coins are competing with other to earn that POS reward. You weight keeps increasing until you earn the reward. So if you keep your wallet open not only are you getting the most chances to earn the POS reward but you are also compounding as soon as you can.


Ok, so the idea is to keep your wallet open and unlocked 24/7 (or as often as possible)

So is there any benefit to spreading coins throughout other wallets? And is there a way to tell if a coin's age has maxed without keeping an eye on the transaction section for '0' stake?
legendary
Activity: 1764
Merit: 1022

ok, that makes sense. So is the idea to keep my wallet open pretty much the whole time? Is it right to assume that having it open will increase my weight therefore increasing the likely hood that I will stake each and every time rather than running into orphaned stakes from time to time?

With each passing block you coinage increase and with a open wallet in staking mode you have a chance of earning the POS reward with each passing block. Remember your coins are competing with other to earn that POS reward. You weight keeps increasing until you earn the reward. So if you keep your wallet open not only are you getting the most chances to earn the POS reward but you are also compounding as soon as you can.
legendary
Activity: 927
Merit: 1000
So I'm slightly confused with max stake age.. It says 16 days in the OP but what's the right approach here? Some people are moving coins daily?

as soon as you start getting a couple 0 stakes in a row send the coins to your self to reset them

I haven't got any 0 stakes yet

when would I see that happen? Is that where the 16 days comes in?



I believe max coinage just refers to how long they will build interest... so if you kept your wallet locked for 10 days you'd get 10 days worth of interest when you unlocked it for staking, but if you kept the wallet locked for 20 days you'd only get 16 days worth of interest

ok, that makes sense. So is the idea to keep my wallet open pretty much the whole time? Is it right to assume that having it open will increase my weight therefore increasing the likely hood that I will stake each and every time rather than running into orphaned stakes from time to time?

indeed I think so, the more coins and wallets spread out unlocked for staking the stronger the network becomes, 10k truly gives incentive for people to hold Wink

so is there a benefit to spreading out my coins across dif wallets? And I'm not talking about from a security standpoint, I'm strictly talking about staking and how to get the most minted coins out of it.

There are many ways to use POS and I'm trying to decide what's the best approach with 10k in order to get the most out of the staking process. I've seen people split up there holdings as a staking 'approach'
legendary
Activity: 1190
Merit: 1000
Kaspa
So I'm slightly confused with max stake age.. It says 16 days in the OP but what's the right approach here? Some people are moving coins daily?

as soon as you start getting a couple 0 stakes in a row send the coins to your self to reset them

I haven't got any 0 stakes yet

when would I see that happen? Is that where the 16 days comes in?



I believe max coinage just refers to how long they will build interest... so if you kept your wallet locked for 10 days you'd get 10 days worth of interest when you unlocked it for staking, but if you kept the wallet locked for 20 days you'd only get 16 days worth of interest

ok, that makes sense. So is the idea to keep my wallet open pretty much the whole time? Is it right to assume that having it open will increase my weight therefore increasing the likely hood that I will stake each and every time rather than running into orphaned stakes from time to time?

indeed I think so, the more coins and wallets spread out unlocked for staking the stronger the network becomes, 10k truly gives incentive for people to hold Wink
legendary
Activity: 927
Merit: 1000
So I'm slightly confused with max stake age.. It says 16 days in the OP but what's the right approach here? Some people are moving coins daily?

as soon as you start getting a couple 0 stakes in a row send the coins to your self to reset them

I haven't got any 0 stakes yet

when would I see that happen? Is that where the 16 days comes in?



I believe max coinage just refers to how long they will build interest... so if you kept your wallet locked for 10 days you'd get 10 days worth of interest when you unlocked it for staking, but if you kept the wallet locked for 20 days you'd only get 16 days worth of interest

ok, that makes sense. So is the idea to keep my wallet open pretty much the whole time? Is it right to assume that having it open will increase my weight therefore increasing the likely hood that I will stake each and every time rather than running into orphaned stakes from time to time?
legendary
Activity: 1190
Merit: 1000
Kaspa
So I'm slightly confused with max stake age.. It says 16 days in the OP but what's the right approach here? Some people are moving coins daily?

as soon as you start getting a couple 0 stakes in a row send the coins to your self to reset them

I haven't got any 0 stakes yet

when would I see that happen? Is that where the 16 days comes in?



I believe max coinage just refers to how long they will build interest... so if you kept your wallet locked for 10 days you'd get 10 days worth of interest when you unlocked it for staking, but if you kept the wallet locked for 20 days you'd only get 16 days worth of interest

I'm not a skilled coder or anything but, but it seems it splits the batch's every time it stakes, so if you deposited 20 coins the first time they staked it would mean there is now 3 batch's  10  10  and however much was earned from staking
legendary
Activity: 927
Merit: 1000
So I'm slightly confused with max stake age.. It says 16 days in the OP but what's the right approach here? Some people are moving coins daily?

as soon as you start getting a couple 0 stakes in a row send the coins to your self to reset them

I haven't got any 0 stakes yet

when would I see that happen? Is that where the 16 days comes in?

Also, is there another way to tell when coins are too old to stake? Rather than keeping an eye on the state amount in transactions?
legendary
Activity: 1764
Merit: 1022
So I'm slightly confused with max stake age.. It says 16 days in the OP but what's the right approach here? Some people are moving coins daily?

as soon as you start getting a couple 0 stakes in a row send the coins to your self to reset them

I haven't got any 0 stakes yet

So iGotSpots are we to move the coins in one big lump? Is that to stress test the POS block chain against difficulty spikes when large sums of POS coins are moved or are you needing lots of inputs and so then to resend the coins in two or three large batches? I've started with a few batches of 500 and just asking for when it gets time for me to reset coinage.
legendary
Activity: 1190
Merit: 1000
Kaspa
So I'm slightly confused with max stake age.. It says 16 days in the OP but what's the right approach here? Some people are moving coins daily?

as soon as you start getting a couple 0 stakes in a row send the coins to your self to reset them

I haven't got any 0 stakes yet
legendary
Activity: 927
Merit: 1000
So I'm slightly confused with max stake age.. It says 16 days in the OP but what's the right approach here? Some people are moving coins daily?
legendary
Activity: 1190
Merit: 1000
Kaspa

I thought we'd be closer to 350,00-400,000 coins so far, deff not growing as fast as I thought it would... this is an awesome experiment.

I f#ck'n love this coin 
legendary
Activity: 1764
Merit: 1022
sr. member
Activity: 392
Merit: 250
how many coins are avail?
legendary
Activity: 952
Merit: 1000


Make a new address every time.  Below is what I did.


You do not need to make a new address every time. You can just create two addresses and send from one to the other. Another thing is to backup your wallet every time you create a new wallet address.


I do it this way for tracking.  Grin
legendary
Activity: 1764
Merit: 1022


Make a new address every time.  Below is what I did.



You do not need to make a new address every time. You can just create two addresses and send from one to the other. Another thing is to backup your wallet every time you create a new wallet address.
sr. member
Activity: 453
Merit: 255
legendary
Activity: 952
Merit: 1000
why did I get 0.00 minted the very first staked block I found do I have even to stake I only have 4.4 coins and what do you mean by move the coins? To reset coinage? answer this concept with a better explanation please . I'm a newbie what do you mean by move the coin and reset the coinage?

4.4 coins is a very small number to stake with. You will probably get very little for staking. Try to go to 50 or 100 to make it worthwhile. Moving coins means that when you start to get 0.00 stake, then create another wallet somewhere either on another PC or on an exchange and then send the coins there. When it has confirmed in the other wallet send it back to the first wallet. This resets the coinage. Always send 1 coin as a test to a new address and if it goes through successfully send the rest. Do the same with the return transaction. Remember to add the respective wallet addresses in each other's address books to prevent future costly errors due to typing the address incorrectly.

I assumed it was just a matter of moving the coins not necessarily moving to a different wallet.

Can't I just send the coins to myself to a new address or same address in my original wallet for resetting coinage?  



i sent mine to an address in same wallet and seemed to work fine and start staking normally again so i think yes.

Q

That is good to know. So there is no reason to download another wallet, just make new receiving address on your wallet and send coins on the new receiving address. Can I just throw my coins between 2 different receiving address or should I make a new address everytime that I need to reset my coinage (when I start to get 0 stake)?

Make a new address every time.  Below is what I did.

sr. member
Activity: 453
Merit: 255
why did I get 0.00 minted the very first staked block I found do I have even to stake I only have 4.4 coins and what do you mean by move the coins? To reset coinage? answer this concept with a better explanation please . I'm a newbie what do you mean by move the coin and reset the coinage?

4.4 coins is a very small number to stake with. You will probably get very little for staking. Try to go to 50 or 100 to make it worthwhile. Moving coins means that when you start to get 0.00 stake, then create another wallet somewhere either on another PC or on an exchange and then send the coins there. When it has confirmed in the other wallet send it back to the first wallet. This resets the coinage. Always send 1 coin as a test to a new address and if it goes through successfully send the rest. Do the same with the return transaction. Remember to add the respective wallet addresses in each other's address books to prevent future costly errors due to typing the address incorrectly.

I assumed it was just a matter of moving the coins not necessarily moving to a different wallet.

Can't I just send the coins to myself to a new address or same address in my original wallet for resetting coinage?  



i sent mine to an address in same wallet and seemed to work fine and start staking normally again so i think yes.

Q

That is good to know. So there is no reason to download another wallet, just make new receiving address on your wallet and send coins on the new receiving address. Can I just throw my coins between 2 different receiving address or should I make a new address everytime that I need to reset my coinage (when I start to get 0 stake)?
legendary
Activity: 1638
Merit: 1013
A Coin which logo is made in Microsoft Word... please.

A coin that everyone wants can have its logo scribbled with a pencil on a piece of paper.
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