i see nowhere what is the annual % interest of pos?
i have blk for couple of month, wallet running fine
and do we need to manual combine the small blocks ?
pos reward is actually 3/2 (1.5) coins, you can check it here
https://github.com/CoinBlack/blackcoin/blob/0.11/src/main.cpp#L1266about the staking, actually there are a lot of competence, if you want to stake you will need some thousands of coin minimun and wait.
In other order of things. What would happen if:
Someone get 2 millions of blackcoins in a block and stake it, of course it will raise a lot the stake weight, after that what would happen if no one more is staking with so many coins, lets say the next one is staking with only 100.000 coins will the chain get stuck by that?
The network stake weight is calculated with a moving window of many blocks, I forget how many, but it means that things remain stable. See this chart for BLK block times and note when PoS v2 came in - you won't get much better than this:
https://bitinfocharts.com/comparison/confirmationtime-blk.html(edited)
Janko tells me I'm wrong about the moving window now. The network is still like clockwork though!
What would happen then janko if the number of coins being staked varied very quickly from a big to a small number? It's still a lottery right and the block time itself would remain constant?
I must say community stakes, the variation is sometimes close to 50% and the blocktime is still stable.
the graph you showed proves that.
https://bitinfocharts.com/comparison/confirmationtime-blk.htmldon't leave coins on exchange, stake, or help the middle
more people staking creates more pressure on priceand secures network
staking reduces supply, with the same demand,
price will stabilize on higher equilibrium of supply and demand,
when you stake for example 15000 BLK and succeed
you will reduce the supply by 15000BLK and will create 1.5BLK
in 8 hours,
the wallet creates 15001.5 new BLK coins
which cannot be used in next 500 blocks(8 hours)
I like to think about this:
Mr Blackcoin want's to follow the middle class,
middle class creates a value, so he orphans some rich kids
but doesn't give much to poor too..
so much wallet what have a lot and did not stake for 2 years
Dead for you. Network response is good, 10 mil BLK are staking, people are waiting.
