[ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1609.

organizer

sr. member

Activity: 378

Merit: 250

Quote from: organizer on February 27, 2014, 07:50:02 PM

Maybe someone would be kind to explain this POS stuff too me, i'm still trying to find stuff skimming through all 100+ pages, but here's my questions:

1. If my wallet is not encrypted, that is the same as being unlocked? If not, how to unlock it?

2. Does the stake show up based on the age of the coins or just the confirms? I.e. oldest coins get stakes first and so on down the line?

3. Does it matter where you are mining from to get stakes? i.e. p2p or a regular pool?

Crap forgot one more:

4. Does your wallet need anything in the config special? i.e. does it need server=1, listen=1, etc?

organizer

sr. member

Activity: 378

Merit: 250

Maybe someone would be kind to explain this POS stuff too me, i'm still trying to find stuff skimming through all 100+ pages, but here's my questions:

1. If my wallet is not encrypted, that is the same as being unlocked? If not, how to unlock it?

2. Does the stake show up based on the age of the coins or just the confirms? I.e. oldest coins get stakes first and so on down the line?

3. Does it matter where you are mining from to get stakes? i.e. p2p or a regular pool?

delion19

newbie

Activity: 43

Merit: 0

Quote from: qiwoman on February 27, 2014, 07:44:20 PM

I only have 20 black coins at the moment so will I ever earn stake on those or only the big peeps and miners will earn stake? I would love to do some promo jobs etc to earn more of this coin lol.

Only 20??? include your address in sig will send some coin

BitcoinStacker

full member

Activity: 308

Merit: 100

Ask here for coinmarketcap : https://bitcointalksearch.org/topic/coinmarketcapcom-market-cap-rankings-of-all-cryptocurrencies-199685

illodin

hero member

Activity: 966

Merit: 1003

Quote from: Jabulon on February 27, 2014, 07:28:43 PM

All normal. You will stake different size chunks at different times. The staked portion will return to your balance line and you'll see zero stake. Then you'll stake another amount again and random times.

Ok.. heh.. this is like 15th additional small little detail to how the PoS works. Cheesy

And I actually got a text "stake mined.. and something", and I went to see the transactions list but I don't see it there. Should it be there?

qiwoman

sr. member

Activity: 294

Merit: 250

I only have 20 black coins at the moment so will I ever earn stake on those or only the big peeps and miners will earn stake? I would love to do some promo jobs etc to earn more of this coin lol.

AltcoinAuthority

sr. member

Activity: 616

Merit: 251

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Jabulon

sr. member

Activity: 266

Merit: 250

Quote from: colinfx on February 27, 2014, 07:30:28 PM

Quote from: Jabulon on February 27, 2014, 07:28:43 PM

Quote from: colinfx on February 27, 2014, 07:26:48 PM

Quote from: illodin on February 27, 2014, 07:25:37 PM

Quote from: blade87 on February 27, 2014, 07:08:12 PM

My wallet with 10,000 coins in it since the first hour has all 10,000 coins staked.

wtf.. I have mined since the beginning, haven't moved any of the coins and this is what I have:

Does that mean that the wallet thinks only 1440 coins have been in my wallet for 8 hours?

Of my 368,039 BC (which have never been moved) only 2,367 BC are counted as Stake. I guess it will just take a little time.

All normal. You will stake different size chunks at different times. The staked portion will return to your balance line and you'll see zero stake. Then you'll stake another amount again and random times.

Got it. Once interest is earned on the stake, they are removed. I noticed coins added to stake then deducted, this explains this activity. They will be available as stake again in 8 hours I presume, and so the cycle goes?

Yes. You make a get a whole slew of stakes one after the other, of various sizes. Then nothing for a while. Then stake. Don't be horrified when occasionally you get a stake interest payment that fails to confirm (permanently). It happens, when the same block was found elsewhere extremely close to the same time. And yes, the staked amount goes back and re-matures.

hughjays77

hero member

Activity: 728

Merit: 504

WARNING!! [/size][/size] http://freebtc.eu:8336/static/ NOT PAYING

mr.pj

sr. member

Activity: 258

Merit: 250

Not sure if you current pool runs on the proper/updated wallet?

Join http://p2pools.cryptoprojects.eu:9336 - wallet has been updated and everything is running smoothly!!

Happy mining!

colinfx

sr. member

Activity: 364

Merit: 250

Quote from: Jabulon on February 27, 2014, 07:28:43 PM

Quote from: colinfx on February 27, 2014, 07:26:48 PM

Quote from: illodin on February 27, 2014, 07:25:37 PM

Quote from: blade87 on February 27, 2014, 07:08:12 PM

My wallet with 10,000 coins in it since the first hour has all 10,000 coins staked.

wtf.. I have mined since the beginning, haven't moved any of the coins and this is what I have:

Does that mean that the wallet thinks only 1440 coins have been in my wallet for 8 hours?

Of my 368,039 BC (which have never been moved) only 2,367 BC are counted as Stake. I guess it will just take a little time.

All normal. You will stake different size chunks at different times. The staked portion will return to your balance line and you'll see zero stake. Then you'll stake another amount again and random times.

Got it. Once interest is earned on the stake, they are removed. I noticed coins added to stake then deducted, this explains this activity. They will be available as stake again in 8 hours I presume, and so the cycle goes?

rozenbal

full member

Activity: 182

Merit: 100

True Flip ICO: 28 of June 2017

Quote from: rozenbal on February 27, 2014, 07:21:08 PM

p2pool forked Huh

does not pay 2 hours

colinfx

sr. member

Activity: 364

Merit: 250

Quote from: Zackgeno96 on February 27, 2014, 07:27:30 PM

CAN SOMEOME PLEASE PM ME WHY MY COINS SHOW AS ? AND MY WALLETS UNLOCKED AND MY STAKE BALANCE IS 0 Sad

My newly mined (and stake interest) also shows as '?', they are usually fully confirmed within 8 hours.

Jabulon

sr. member

Activity: 266

Merit: 250

Quote from: colinfx on February 27, 2014, 07:26:48 PM

Quote from: illodin on February 27, 2014, 07:25:37 PM

Quote from: blade87 on February 27, 2014, 07:08:12 PM

My wallet with 10,000 coins in it since the first hour has all 10,000 coins staked.

wtf.. I have mined since the beginning, haven't moved any of the coins and this is what I have:

Does that mean that the wallet thinks only 1440 coins have been in my wallet for 8 hours?

Of my 368,039 BC (which have never been moved) only 2,367 BC are counted as Stake. I guess it will just take a little time.

All normal. You will stake different size chunks at different times. The staked portion will return to your balance line and you'll see zero stake. Then you'll stake another amount again and random times.

Zackgeno96

hero member

Activity: 1778

Merit: 520

CAN SOMEOME PLEASE PM ME WHY MY COINS SHOW AS ? AND MY WALLETS UNLOCKED AND MY STAKE BALANCE IS 0 Sad

colinfx

sr. member

Activity: 364

Merit: 250

Quote from: illodin on February 27, 2014, 07:25:37 PM

Quote from: blade87 on February 27, 2014, 07:08:12 PM

My wallet with 10,000 coins in it since the first hour has all 10,000 coins staked.

wtf.. I have mined since the beginning, haven't moved any of the coins and this is what I have:

Does that mean that the wallet thinks only 1440 coins have been in my wallet for 8 hours?

Of my 368,039 BC (which have never been moved) only 2,367 BC are counted as Stake. I guess it will just take a little time.

illodin

hero member

Activity: 966

Merit: 1003

Quote from: blade87 on February 27, 2014, 07:08:12 PM

My wallet with 10,000 coins in it since the first hour has all 10,000 coins staked.

wtf.. I have mined since the beginning, haven't moved any of the coins and this is what I have:

Does that mean that the wallet thinks only 1440 coins have been in my wallet for 8 hours?

Pustul

sr. member

Activity: 350

Merit: 250

Quote from: colinfx on February 27, 2014, 07:17:42 PM

Quote from: Pustul on February 27, 2014, 07:15:41 PM

Quote from: blade87 on February 27, 2014, 07:08:12 PM

Quote from: Pustul on February 27, 2014, 07:07:16 PM

I don't really see the point of making a PoS coin with so low rate. You better of leaving your money on your bank account it's safe and you get the same kind of money.

MINT has a high supply + high rate. This one has a low supply + low rate. I think it should be kept as is.

I think it should be the opposite because in 2 days when there will be no more PoW, what will be the point of this coin? Nobody wants to invest money for 1% rate.

It's not just 1% per annum. It's 1% compounding. The coins I earned through stake will also begin to gain interest themselves after 8 hours.

1% of 1% such money!

dcramsey

newbie

Activity: 37

Merit: 0

This is Insane my payouts are dropping like a rock from 20....10....1....0.8 BC now Next stop 0.08 WTF

rozenbal

full member

Activity: 182

Merit: 100

True Flip ICO: 28 of June 2017

p2pool forked Huh

does not pay 2 hours

Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1609. (Read 2510314 times)