Topic: [ANN] More added to Wallet UPDATE PLEASE PosEx PEX Hybrid POW/POS [ANN] - page 35. (Read 74335 times)
March 28, 2016, 07:49:18 PM
March 28, 2016, 07:47:48 PM
I think it's not like all only PoS coin, because PoW still running and eat all PoS block at 10000% Per Year
Just need to check block explorer and check how many blocks are Pos
Just need to check block explorer and check how many blocks are Pos
Could be a good thing at the same time as it will keep the coin supply lower than if everyone was staking and 0 mining.
This way the network has support to move along without waiting how long for stakes to come in which eventually should become faster than PoW
Also means no stuck chain
March 28, 2016, 07:45:30 PM
March 28, 2016, 07:30:19 PM
Don't know what is HiPoS, but for me that mean HIGH PoS reward! Tell me if i'm wrong.
That can't happen because PoW still running or maybe if all miners stop mine this we can have our PoS block rewards.
It's not a HIGH PoS coin.... Sorry
That can't happen because PoW still running or maybe if all miners stop mine this we can have our PoS block rewards.
It's not a HIGH PoS coin.... Sorry
Whenever a POS block is hit after block 20000 high POS is applied. It is in the code and you can verify it in the block explorer. Regarding the POW, POW and POS can run simultaneously. If there is a bit of a side wind the football game continues. It makes things more interesting and provides a safety net. Rules are rules and the wallet has to apply the rules and remember your rewards accumulate in line with the rules coded into the wallet. Just be patient.
Extract from the code.
Code:
// proof of stake rewards. POS begins at block 1000
int64_t nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8); // 10% yearly interest
if(pindexBest->nHeight < 10020)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8); // 10% yearly interest
}
else if(pindexBest->nHeight < 20000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) / 2; // 5% yearly interest
}
else if(pindexBest->nHeight < 30000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 1000; // 10,000% yearly interest
}
else if(pindexBest->nHeight < 40000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 900; // 9,000% yearly interest
}
else if(pindexBest->nHeight < 50000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 800; // 8,000% yearly interest
}
else if(pindexBest->nHeight < 60000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 700; // 7,000% yearly interest
}
else if(pindexBest->nHeight < 70000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 600; // 6,000% yearly interest
}
else if(pindexBest->nHeight < 80000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 500; // 5,000% yearly interest
}
else if(pindexBest->nHeight < 90000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 400; // 4,000% yearly interest
}
else if(pindexBest->nHeight < 100000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 300; // 3,000% yearly interest
}
else if(pindexBest->nHeight < 110000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 200; // 2,000% yearly interest
}
else if(pindexBest->nHeight < 120000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 100; // 1,000% yearly interest
}
else if(pindexBest->nHeight < 130000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 90; // 900% yearly interest
}
else if(pindexBest->nHeight < 140000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 80; // 800% yearly interest
}
else if(pindexBest->nHeight < 150000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 70; // 700% yearly interest
}
else if(pindexBest->nHeight < 160000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 60; // 600% yearly interest
}
else if(pindexBest->nHeight < 170000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 50; // 500% yearly interest
}
else if(pindexBest->nHeight < 180000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 40; // 400% yearly interest
}
else if(pindexBest->nHeight < 190000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 30; // 300% yearly interest
}
else if(pindexBest->nHeight < 200000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8) * 20; // 200% yearly interest
}
else if(pindexBest->nHeight < 210000)
{
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8); // 10% yearly interest
}
March 28, 2016, 07:04:37 PM
Don't know what is HiPoS, but for me that mean HIGH PoS reward! Tell me if i'm wrong.
That can't happen because PoW still running or maybe if all miners stop mine this we can have our PoS block rewards.
It's not a HIGH PoS coin.... Sorry
That can't happen because PoW still running or maybe if all miners stop mine this we can have our PoS block rewards.
It's not a HIGH PoS coin.... Sorry
March 28, 2016, 05:57:06 PM
Ok thanks
Time will tell.
Now this will be the same with any staking coin? I assume you do this same process with all your staking coins?
Time will tell.
Now this will be the same with any staking coin? I assume you do this same process with all your staking coins?
The basic principles are the same but the recipe and execution thereof differs from coin to coin based on criteria like coin specs and your goals. There are a bunch of attributes that impact the strategy and therefore each strategy is unique in order to achieve the objectives you set for the specific coin. It is like painting a picture : each painting is unique but you will most of the time use a paintbrush, paint, easel and canvas and basic rules like color theory.
March 28, 2016, 05:43:44 PM
I think it's not like all only PoS coin, because PoW still running and eat all PoS block at 10000% Per Year
Just need to check block explorer and check how many blocks are Pos
Just need to check block explorer and check how many blocks are Pos
March 28, 2016, 05:33:28 PM
Ok thanks
Time will tell.
Now this will be the same with any staking coin? I assume you do this same process with all your staking coins?
Time will tell.
Now this will be the same with any staking coin? I assume you do this same process with all your staking coins?
March 28, 2016, 05:22:38 PM
I have had nothing for any type of super staking. I take it it is not working for this coin?
Anyone else?
Anyone else?
It is working alright. If you followed this advice you would have received a super stake within the first 50 blocks after HPOS kicked in. It is all about preparing your input blocks properly in line with the coin specs, preparing them timely, nurturing them properly and pulling the trigger accurately.
Ok thank you
I think I did it correct
When I go to "send coins" then "Input" I now see a 1 beside my amount where as I saw a 6 before I sent the coins to myself
Thanks for the explanation
You will see that your one chunk input block will gain weight much quicker and result in a quicker POS stake.
March 28, 2016, 05:19:05 PM
I have had nothing for any type of super staking. I take it it is not working for this coin?
Anyone else?
Anyone else?
It is working alright. If you followed this advice you would have received a super stake within the first 50 blocks after HPOS kicked in. It is all about preparing your input blocks properly in line with the coin specs, preparing them timely, nurturing them properly and pulling the trigger accurately.
Ok thank you
I think I did it correct
When I go to "send coins" then "Input" I now see a 1 beside my amount where as I saw a 6 before I sent the coins to myself
Thanks for the explanation
March 28, 2016, 04:50:48 PM
I have had nothing for any type of super staking. I take it it is not working for this coin?
Anyone else?
Anyone else?
It is working alright. If you followed this advice you would have received a super stake within the first 50 blocks after HPOS kicked in. It is all about preparing your input blocks properly in line with the coin specs, preparing them timely, nurturing them properly and pulling the trigger accurately.
March 28, 2016, 04:43:28 PM
I have had nothing for any type of super staking. I take it it is not working for this coin?
Anyone else?
Anyone else?
March 28, 2016, 01:43:18 PM
POSEX is in HIGH DEMAND,
Right now, 10 members are mining POSEX at Tekyboy POOL, with a combined HASH exceeding 70 TH.
With 1 THs you can get about 0.5 PEX every 4 hours. That is about 3 coins per day. If you rather put your effort into staking you can make more than 3 coins per day. There must then also be willing buyers of course.Right now, 10 members are mining POSEX at Tekyboy POOL, with a combined HASH exceeding 70 TH.
I foresee the free coins becoming irrelevant soon and POW mining to be just a tool to move the chain in case of need.
You need to already have coins, before you can POS mint anything.
10000% POS per year = less than 27% per day (because it is compound interest, not linear)
The only way that I can earn ~3 coins per day , even in the 10000% hipos stage is for me to already have at least 12 - 15 coins already in my wallet, mature for staking.
March 28, 2016, 12:40:45 PM
POSEX is in HIGH DEMAND,
Right now, 10 members are mining POSEX at Tekyboy POOL, with a combined HASH exceeding 70 TH.
Right now, 10 members are mining POSEX at Tekyboy POOL, with a combined HASH exceeding 70 TH.
The proceeds with staking far outweighs the cost of POW mining during this phase tbh. Up to block 20000 it was the other way around with PEX mining even outperforming BTC mining with a significant margin. With 1 THs you can get about 0.5 PEX every 4 hours. That is about 3 coins per day. If you rather put your effort into staking you can make more than 3 coins per day. There must then also be willing buyers of course.
I foresee the free coins becoming irrelevant soon and POW mining to be just a tool to move the chain in case of need.
It is a bit complicated, this is why I wanted you to calculate the possible money supply at block 200k, neglecting POW after block 20k.
POS exceeds POW, only if you amassed and bought coins during the FREECOIN phase
The POS is not exceedingly great, people still have opportunity to POW mine, so that they have coins to POS Mine later on.
A lot of coins can still be made by POW mining = 19,000 PEX can be POW mined during the HIPOS phase.
There is no easy way to get PEX anymore, because everybody is HOARDING.
March 28, 2016, 12:00:58 PM
POSEX is in HIGH DEMAND,
Right now, 10 members are mining POSEX at Tekyboy POOL, with a combined HASH exceeding 70 TH.
Right now, 10 members are mining POSEX at Tekyboy POOL, with a combined HASH exceeding 70 TH.
The proceeds with staking far outweighs the cost of POW mining during this phase tbh. Up to block 20000 it was the other way around with PEX mining even outperforming BTC mining with a significant margin. With 1 THs you can get about 0.5 PEX every 4 hours. That is about 3 coins per day. If you rather put your effort into staking you can make more than 3 coins per day. There must then also be willing buyers of course.
I foresee the free coins becoming irrelevant soon and POW mining to be just a tool to move the chain in case of need.
March 28, 2016, 11:49:12 AM
POSEX is in HIGH DEMAND,
Right now, 10 members are mining POSEX at Tekyboy POOL, with a combined HASH exceeding 70 TH.
Right now, 10 members are mining POSEX at Tekyboy POOL, with a combined HASH exceeding 70 TH.
March 28, 2016, 08:45:34 AM
Block 20,000, HIPOS STARTS NOW! 
March 28, 2016, 07:16:20 AM
Market Price has risen again, Hopefully this time some support builds up and it stays there
March 28, 2016, 06:43:07 AM
Raspberry PI wallet added to ANNOUNCEMENT.
Next up is to try and get Android wallet sorted
Now at block 19,732 Next up is to try and get Android wallet sorted
March 28, 2016, 05:04:46 AM
Now at block 19,509
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