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Yeah, b/c the max you can stake in one wallet is 10k Cinni.
Is this true, the last time I checked there was no limit ?
Can someone confirm either way ?
it was idea but never implemented. one of my stake addresses began at 30k, each time it stakes it splits. i think its about 100 separate stakes now. I stopped staking for a few days so i can sweep all my Cinni to a new address as the amount of interest per stake gets less because of splitting, and eventually it becomes dust amounts and more expensive to send like when i eventually decide to send some to exchange for selling.
no min. amount, you can stake with 100k even, but better to break it up into smaller deposits to your wallet to support the network and squeeze a bit more out of that interest
Thanks for the explanation digit.
I am seeing that with my stakes, they are now broken down to very small amounts. I didn't think it would make a difference. But I guess I will have to send them in chunks to a different address(es). Also my wallets has too many transactions, and I've seen the wallet slowing down because of that.
Hopefully tonight's wallet will include the Mac client, so I can start using coin control again
a bit of experimentation to it, but i think good point to begin a stake is now 1000, in a month when its all become ~50 coin amounts would be a good time to start sweeping the smaller inputs into a lump amount to another address, to start again. and the network/blockchain now has excellent support from so many stakeholders who all help make cinni transfers very fast, its only possible to generate so many stakes from the hundreds of eligble inputs that exist in a wallet in one day.
if you planning on sweeping, it can also be helpful before you open wallet to have the following "reservebalance=100000" (change to amount to reflect your wallet balance) in cinnicoin.conf, this instructs the wallet to prevent at a minimum that amount from staking and make it hassle free to tidy/consolidate your inputs, as multiple stakes firing off as soon as you open the wallet can be annoying.
The coin age that exists on that reserved amount that has accumulated should also help minimize the tx fee when you send the coins to another address.(coinage is what gets traded when you stake but it also has the function of reduce/eliminate the tx fees like it does in bitcoin).