Seems it must be the NW weight; I have yet to move any of my HYPER into the wallet. If it were the individual weight, my wallet would always be at zero
I think the staking question I asked can be explained by the exuberant amount of coins being dumped this month and the fact that said coins are no longer staking.
With that in mind, did I miss something..... why all the dumpage lately? Is this due to HYPERfuture's absence of late or is this somewhat normal for HYPER? I've only been watching this coin closely for about a month now, so I am curious if the HYPER OG's can offer any analysis?
Thanks much!!
Unfortunately, yes this is most likely due to my recent absence. Many other coins have suffered from disappearing devs, and while I would never do this to HYPER people do get understandably nervous, even if I am just away for a week.
Because I really care about HYPER, and think it is silly that if I am away for a week the value suffers, that is why I am proposing we form a HYPER Foundation, as well as moving forward with some large PR campaigns this week about the indie game and crowdfunding site HYPER is working on: https://bitcointalksearch.org/topic/m.10468401
Please let me know what you guys think about the HYPER Foundation idea above guys. Ideally I want it formed by this Friday!@clovis: There wasn't a clear answer to the stake weight question yet, so I would like to chime in. The stake weight represents all your coin ages in your wallet. Even if your wallet is not open, your coin blocks develop stake weight everyday. When you do earn a stake by leaving your wallet open, your stake weight should go down a little because the block that just staked now have 0 age. In your wallet, you may have hundreds of blocks that are staking, and it's not dependent on how many different addresses/accounts that you have. Rather, if you receive HYPER from someone, you will at least have one new block that is staking. It's a bit confusing, but I hope that makes sense. It's also the reason why if you send yourself all your coins in one transaction, you will start staking a lot more consistently and earn larger amounts of HYPER at larger time intervals. Remember that you earn stakes once a day at most with HYPER's design per block. If you notice that you are earning more stakes per day, that means you have multiple blocks that are staking. If you constantly receive HYPER from someone, you are earning more blocks that are staking. However, many of those blocks are probably staking very small amounts of HYPER.
Basically, stake weight is (# of coins in a block) * (amount of time that has passed for that block). Therefore, the more coins you have in one block, the higher stake weight you have which means the better chance you have of earning a stake. Once you earn a stake with that block, the stake weight for that block goes back down to 0. But since you will likely have many blocks, that's why earning one stake won't change the graph too much.
@HYPERfuture: I think the Foundation is a great idea! I am honored to be on the list, and I accept. I think there should also be an active members group as well or something similar for volunteers or people that are voted in or something. That way, some recognition can go to those that are active in the community and could also allow them to become members of the Foundation in the future. No one likes to be left out.
I do think the Foundation is a good solution to keep on-track to HYPER's vision.
@igittigit: I agree, and I love your enthusiasm! I think your videos are great.