[ANN] SPROUTS sha256 pos+pow 10% at 5 days 芽菜货币 - page 74.

Lovethecoins

hero member

Activity: 658

Merit: 500

Quote from: GoldSeal on November 05, 2015, 12:40:35 AM

Quote from: Flam on November 04, 2015, 06:31:00 AM

I don't know what your problem is with stake age. If you don't stake within 5 days for 10% you earn an additional +2% everyday...
And blocks of 20k- are fine aswell.
If you are in a rush to get btc and worry about coins being unspendable while staking please dump this coin isn't for you.
Also you can split your balance in multiple chunks from start to have a near to max amount available anytime.

staking 10% every 5 days pays more than staking 60% in a single 30 day stake.

example:

100,000 coins * 1.1^6 = 177,156.1 coins after 30 days

100,000 coins * (1+0.1+25*0.02) = 160,000 after 30 days

This is a very basic compounding effect. It's always best to stake as fast as you can after the transaction hits 5 days. Every time you take extra days to stake, you are generating less coins.

Be smart and merge your inputs.

Yep that is the best way for highest ROI

Arrakeen

hero member

Activity: 532

Merit: 500

Offer escrow, receive negative trust

What do the devs plan for the future of SPRTS?

The only exchanges I know of are cryptopia & cryptsy....and cryptsy is on the fast track to goxdom.

Surely we need wider adoption for sprouts to grow?!

GoldSeal

legendary

Activity: 1862

Merit: 1002

Quote from: Flam on November 04, 2015, 06:31:00 AM

I don't know what your problem is with stake age. If you don't stake within 5 days for 10% you earn an additional +2% everyday...
And blocks of 20k- are fine aswell.
If you are in a rush to get btc and worry about coins being unspendable while staking please dump this coin isn't for you.
Also you can split your balance in multiple chunks from start to have a near to max amount available anytime.

staking 10% every 5 days pays more than staking 60% in a single 30 day stake.

example:

100,000 coins * 1.1^6 = 177,156.1 coins after 30 days

100,000 coins * (1+0.1+25*0.02) = 160,000 after 30 days

This is a very basic compounding effect. It's always best to stake as fast as you can after the transaction hits 5 days. Every time you take extra days to stake, you are generating less coins.

Be smart and merge your inputs.

Flam

sr. member

Activity: 368

Merit: 250

I don't know what your problem is with stake age. If you don't stake within 5 days for 10% you earn an additional +2% everyday...
And blocks of 20k- are fine aswell.
If you are in a rush to get btc and worry about coins being unspendable while staking please dump this coin isn't for you.
Also you can split your balance in multiple chunks from start to have a near to max amount available anytime.

SushiNoTomato

hero member

Activity: 756

Merit: 500

Quote from: Krypt0Fr3ak on November 03, 2015, 08:51:52 PM

People forget there is also element of luck in staking.

EXAMPLE
======

Even just a small stake of 1 sprts > 5days old will have a 99.999% probability of hitting a stake.

So, take the 30k example the probability of hitting stake after 5 days will be reduced to 99.91% which will increase chance of hitting stake

*all the above is example to illustrate the element of luck involved.

You could be lucky and only hold 30k sprouts and it hits on the first block after 5th day. 4801 blocks from date of the input.

Why is the 4801 block important ?

Code:

Sprouts has 90sec Block time

60sec * 60sec = 3600sec (1Hr)  // seconds in 1 Hour

3600 sec * 24(hrs) = 86400   // seconds in 24hrs (1 day)

86400 secs / 90sec (blk time) = 960 blocks  // Number of Blocks produced per day

960 blks * 5 days = 4800 blocks // Number of blocks before coins reach maturity

You could be lucky and have a small amount hit on block 4801 blocks.

So to say with 100% certainty that if you hold X number of coins it will take 7, 8th, 9th, 100th days cannot be spot on perfect.

Its a probability it will hit but not guaranteed so DO NOT become disheartened if your only staking small blocks you could also be lucky!

In the grand scheme of things larger blocks stake faster as that is how this pos scheme works.

But you do also have to account for the element of Luck!

Plus, no matter HOW LONG IT TAKES you will still receive your daily 2% pos interest.

The only drawback to longer stake times is you cannot compound your interest as quickly.

I have had small blocks mature on 5th day AND stake later on during the 5th day multiple times in the past.

Its all good, Grab some and stake
And Stay lucky !

Luck always plays a part, it could be instant or you could have to wait longer, no matter what the size the block is.

Krypt0Fr3ak

member

Activity: 85

Merit: 10

People forget there is also element of luck in staking.

EXAMPLE
======

Even just a small stake of 1 sprts > 5days old will have a 99.999% probability of hitting a stake.

So, take the 30k example the probability of hitting stake after 5 days will be reduced to 99.91% which will increase chance of hitting stake

*all the above is example to illustrate the element of luck involved.

You could be lucky and only hold 30k sprouts and it hits on the first block after 5th day. 4801 blocks from date of the input.

Why is the 4801 block important ?

Code:

Sprouts has 90sec Block time

60sec * 60sec = 3600sec (1Hr)  // seconds in 1 Hour

3600 sec * 24(hrs) = 86400   // seconds in 24hrs (1 day)

86400 secs / 90sec (blk time) = 960 blocks  // Number of Blocks produced per day

960 blks * 5 days = 4800 blocks // Number of blocks before coins reach maturity

You could be lucky and have a small amount hit on block 4801 blocks.

So to say with 100% certainty that if you hold X number of coins it will take 7, 8th, 9th, 100th days cannot be spot on perfect.

Its a probability it will hit but not guaranteed so DO NOT become disheartened if your only staking small blocks you could also be lucky!

In the grand scheme of things larger blocks stake faster as that is how this pos scheme works.

But you do also have to account for the element of Luck!

Plus, no matter HOW LONG IT TAKES you will still receive your daily 2% pos interest.

The only drawback to longer stake times is you cannot compound your interest as quickly.

I have had small blocks mature on 5th day AND stake later on during the 5th day multiple times in the past.

Its all good, Grab some and stake
And Stay lucky !

soloasi

sr. member

Activity: 477

Merit: 250

"...Right now it seems that transactions in the 500k range take 6 - 7 days, >1.5 mil take 5 - 6 days. Anything below 100k and it:s not likely to stake within a reasonable time frame...."

OMG! TT_TT such a waste... i sold all my coins when it was dropping (before my min limit so i didnt lose), it already used to take 7 or 8 days with 30K blocks... but 500K!? for staking in 6 - 7 days? thats a suuuper high number... (1,5 BTC buying at 300sat) ....

customer73

member

Activity: 98

Merit: 10

Quote from: Krypt0Fr3ak on November 03, 2015, 10:15:42 AM

Quote from: customer73 on November 03, 2015, 03:23:35 AM

Quote from: peonminer on November 02, 2015, 03:49:03 PM

Quote from: nhminer on November 02, 2015, 03:44:57 PM

Quote from: Lovethecoins on November 02, 2015, 03:33:37 PM

Quote from: nhminer on November 02, 2015, 03:32:09 PM

Quote from: peonminer on November 02, 2015, 03:13:02 PM

don't waste any time, buy now before the btc crash so you get them cheap now, staking goes by bag size

Can you explain that "Staking goes by bag size"

I have 250K in wallet over 4 transactions. Should I keep all sprouts in 1 address, or spread them around to different addresses?

TIA ~ nh

I keep mine all together cause you hit the block faster and can start on the next stage of staking

OK, is the Age determined by the last deposit to that address? It looks to reset every time I add additional sprouts

each deposit has its own age viewable in coincontrl

Yes, but ATTENTION!

In a wallet, I had 2 blocks,

First: 12 days age
Second: 1 day age

I received a input more higher that coins in First block and reset age this to zero.
¿¿???
I've lost more to 500 coins..
Sad

I don't Understand..

You should have made a separate address then maybe for any new deposits to your wallet as to not disturb the staking process for the older coins in your wallet. The new input was combined to old input and made output to new balance.. that is now being staked. I will send you 500 coins. post addy again plz. (Create a new Sprouts address this time)

--edit. Only after your coins have matured, you should combine/mess with them.. After they stake wait for the 510 confirms for them to be moved/combined/spent/etc..

Thank you Men

Address: Sf8T3HfsA9UXydJ4csBih4iTSTrH5GLeCm

johnnysof

hero member

Activity: 534

Merit: 500

Quote from: Nthused on November 03, 2015, 05:12:54 PM

Quote from: johnnysof on November 03, 2015, 05:08:42 PM

Quote from: GoldSeal on November 02, 2015, 06:48:11 PM

Quote from: Lovethecoins on November 02, 2015, 06:32:37 PM

Quote from: peonminer on November 02, 2015, 03:49:03 PM

Quote from: nhminer on November 02, 2015, 03:44:57 PM

Quote from: Lovethecoins on November 02, 2015, 03:33:37 PM

Quote from: nhminer on November 02, 2015, 03:32:09 PM

Quote from: peonminer on November 02, 2015, 03:13:02 PM

don't waste any time, buy now before the btc crash so you get them cheap now, staking goes by bag size

Can you explain that "Staking goes by bag size"

I have 250K in wallet over 4 transactions. Should I keep all sprouts in 1 address, or spread them around to different addresses?

TIA ~ nh

I keep mine all together cause you hit the block faster and can start on the next stage of staking

OK, is the Age determined by the last deposit to that address? It looks to reset every time I add additional sprouts

each deposit has its own age viewable in coincontrl

Also see that in the minting area... The bigger the block faster you get the stake.. Let it compound and that's the most interest you will gain

After they stake you should send the total minus 0.01 to a secondary address in your wallet. This merges your inputs. A single large transaction will stake the quickest. Right now it seems that transactions in the 500k range take 6 - 7 days, >1.5 mil take 5 - 6 days. Anything below 100k and it:s not likely to stake within a reasonable time frame.

PoS Reward - 10% 5 Days, +2% for each extra day staking takes......
If I understand it right the first 5 days you get 10% and afterwards 2% of your coins.....
If your statement is right ">1.5 mil take 5 - 6 days" that means you almost never get the 10% stake?!?

Think of it this way, 2% stake interest every day which is unlockable at 5 days which = 10% (2+2+2+2+2=10)

Thanks a lot, I got it, means first stake after 5 days accumulating the 2%! I was worrying something went wrong with the wallet.
Cheers!

johnnysof

hero member

Activity: 534

Merit: 500

Quote from: Nthused on November 03, 2015, 05:10:47 PM

Quote from: johnnysof on November 03, 2015, 05:03:12 PM

Guys, do you know what this message means that I have at the bottom of my wallet?

"WARNING: Checkpoint is too old. Wait for block chain to download, or notify developers of the issue."

I just installed the wallet yesterday and synchronized it from scratch. It's up to date know and receive coins without problems.
Thanks for your help!

It's a checkpoint server error, just means the checkpoint is old and should be updated, it's only visual & won't affect the wallet.

Alright, thanks!

Nthused

legendary

Activity: 1554

Merit: 1001

Quote from: johnnysof on November 03, 2015, 05:08:42 PM

Quote from: GoldSeal on November 02, 2015, 06:48:11 PM

Quote from: Lovethecoins on November 02, 2015, 06:32:37 PM

Quote from: peonminer on November 02, 2015, 03:49:03 PM

Quote from: nhminer on November 02, 2015, 03:44:57 PM

Quote from: Lovethecoins on November 02, 2015, 03:33:37 PM

Quote from: nhminer on November 02, 2015, 03:32:09 PM

Quote from: peonminer on November 02, 2015, 03:13:02 PM

don't waste any time, buy now before the btc crash so you get them cheap now, staking goes by bag size

Can you explain that "Staking goes by bag size"

I have 250K in wallet over 4 transactions. Should I keep all sprouts in 1 address, or spread them around to different addresses?

TIA ~ nh

I keep mine all together cause you hit the block faster and can start on the next stage of staking

OK, is the Age determined by the last deposit to that address? It looks to reset every time I add additional sprouts

each deposit has its own age viewable in coincontrl

Also see that in the minting area... The bigger the block faster you get the stake.. Let it compound and that's the most interest you will gain

After they stake you should send the total minus 0.01 to a secondary address in your wallet. This merges your inputs. A single large transaction will stake the quickest. Right now it seems that transactions in the 500k range take 6 - 7 days, >1.5 mil take 5 - 6 days. Anything below 100k and it:s not likely to stake within a reasonable time frame.

PoS Reward - 10% 5 Days, +2% for each extra day staking takes......
If I understand it right the first 5 days you get 10% and afterwards 2% of your coins.....
If your statement is right ">1.5 mil take 5 - 6 days" that means you almost never get the 10% stake?!?

Think of it this way, 2% stake interest every day which is unlockable at 5 days which = 10% (2+2+2+2+2=10)

Nthused

legendary

Activity: 1554

Merit: 1001

Quote from: johnnysof on November 03, 2015, 05:03:12 PM

Guys, do you know what this message means that I have at the bottom of my wallet?

"WARNING: Checkpoint is too old. Wait for block chain to download, or notify developers of the issue."

I just installed the wallet yesterday and synchronized it from scratch. It's up to date know and receive coins without problems.
Thanks for your help!

It's a checkpoint server error, just means the checkpoint is old and should be updated, it's only visual & won't affect the wallet.

johnnysof

hero member

Activity: 534

Merit: 500

Quote from: GoldSeal on November 02, 2015, 06:48:11 PM

Quote from: Lovethecoins on November 02, 2015, 06:32:37 PM

Quote from: peonminer on November 02, 2015, 03:49:03 PM

Quote from: nhminer on November 02, 2015, 03:44:57 PM

Quote from: Lovethecoins on November 02, 2015, 03:33:37 PM

Quote from: nhminer on November 02, 2015, 03:32:09 PM

Quote from: peonminer on November 02, 2015, 03:13:02 PM

don't waste any time, buy now before the btc crash so you get them cheap now, staking goes by bag size

Can you explain that "Staking goes by bag size"

I have 250K in wallet over 4 transactions. Should I keep all sprouts in 1 address, or spread them around to different addresses?

TIA ~ nh

I keep mine all together cause you hit the block faster and can start on the next stage of staking

OK, is the Age determined by the last deposit to that address? It looks to reset every time I add additional sprouts

each deposit has its own age viewable in coincontrl

Also see that in the minting area... The bigger the block faster you get the stake.. Let it compound and that's the most interest you will gain

After they stake you should send the total minus 0.01 to a secondary address in your wallet. This merges your inputs. A single large transaction will stake the quickest. Right now it seems that transactions in the 500k range take 6 - 7 days, >1.5 mil take 5 - 6 days. Anything below 100k and it:s not likely to stake within a reasonable time frame.

PoS Reward - 10% 5 Days, +2% for each extra day staking takes......
If I understand it right the first 5 days you get 10% and afterwards 2% of your coins.....
If your statement is right ">1.5 mil take 5 - 6 days" that means you almost never get the 10% stake?!?

johnnysof

hero member

Activity: 534

Merit: 500

Guys, do you know what this message means that I have at the bottom of my wallet?

"WARNING: Checkpoint is too old. Wait for block chain to download, or notify developers of the issue."

I just installed the wallet yesterday and synchronized it from scratch. It's up to date know and receive coins without problems.
Thanks for your help!

cryptomann420

full member

Activity: 180

Merit: 100

Invest Today For What You Want For Tomorrow

Quote from: Krypt0Fr3ak on November 03, 2015, 12:17:00 PM

Quote from: peonminer on November 03, 2015, 10:18:08 AM

Can we try to get on yobit and c-cex? Huh

?

+1 we need new exchanges imho.

It will require the efforts of us all (the community).
i'm awaiting a reply from PM to mrEggman to see what we can all get done as a community.

We need to get some twitter action going raise Sprouts profile.
keep making requests to exchanges.
I done all of the above..

Perhaps get some articles done for PR etc.
sustained pressure is only way guys.
Even if we all do just one of the above each day, which takes a few moments to complete its a constant thing and eventually something gives. just like in a pump. Wink

Let's get it done!

I agree we need another exchange Quickly!! And we all must COME TOGETHER! This a GREAT Coin destined to SPROUT SPROUT AND SPROUT!!!!Please people TWEET retweet on Twitter, I have been ALL DAY and will CONTINUE for a week straight Who's WITH ME? Huh

?

Krypt0Fr3ak

member

Activity: 85

Merit: 10

Quote from: peonminer on November 03, 2015, 10:18:08 AM

Can we try to get on yobit and c-cex? Huh

?

+1 we need new exchanges imho.

It will require the efforts of us all (the community).
i'm awaiting a reply from PM to mrEggman to see what we can all get done as a community.

We need to get some twitter action going raise Sprouts profile.
keep making requests to exchanges.
I done all of the above..

Perhaps get some articles done for PR etc.
sustained pressure is only way guys.
Even if we all do just one of the above each day, which takes a few moments to complete its a constant thing and eventually something gives. just like in a pump. Wink

Let's get it done!

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

Can we try to get on yobit and c-cex? Huh

?

Krypt0Fr3ak

member

Activity: 85

Merit: 10

Quote from: customer73 on November 03, 2015, 03:23:35 AM

Quote from: peonminer on November 02, 2015, 03:49:03 PM

Quote from: nhminer on November 02, 2015, 03:44:57 PM

Quote from: Lovethecoins on November 02, 2015, 03:33:37 PM

Quote from: nhminer on November 02, 2015, 03:32:09 PM

Quote from: peonminer on November 02, 2015, 03:13:02 PM

don't waste any time, buy now before the btc crash so you get them cheap now, staking goes by bag size

Can you explain that "Staking goes by bag size"

I have 250K in wallet over 4 transactions. Should I keep all sprouts in 1 address, or spread them around to different addresses?

TIA ~ nh

I keep mine all together cause you hit the block faster and can start on the next stage of staking

OK, is the Age determined by the last deposit to that address? It looks to reset every time I add additional sprouts

each deposit has its own age viewable in coincontrl

Yes, but ATTENTION!

In a wallet, I had 2 blocks,

First: 12 days age
Second: 1 day age

I received a input more higher that coins in First block and reset age this to zero.
¿¿???
I've lost more to 500 coins..
Sad

I don't Understand..

You should have made a separate address then maybe for any new deposits to your wallet as to not disturb the staking process for the older coins in your wallet. The new input was combined to old input and made output to new balance.. that is now being staked. I will send you 500 coins. post addy again plz. (Create a new Sprouts address this time)

--edit. Only after your coins have matured, you should combine/mess with them.. After they stake wait for the 510 confirms for them to be moved/combined/spent/etc..

customer73

member

Activity: 98

Merit: 10

Quote from: peonminer on November 02, 2015, 03:49:03 PM

Quote from: nhminer on November 02, 2015, 03:44:57 PM

Quote from: Lovethecoins on November 02, 2015, 03:33:37 PM

Quote from: nhminer on November 02, 2015, 03:32:09 PM

Quote from: peonminer on November 02, 2015, 03:13:02 PM

don't waste any time, buy now before the btc crash so you get them cheap now, staking goes by bag size

Can you explain that "Staking goes by bag size"

I have 250K in wallet over 4 transactions. Should I keep all sprouts in 1 address, or spread them around to different addresses?

TIA ~ nh

I keep mine all together cause you hit the block faster and can start on the next stage of staking

OK, is the Age determined by the last deposit to that address? It looks to reset every time I add additional sprouts

each deposit has its own age viewable in coincontrl

Yes, but ATTENTION!

In a wallet, I had 2 blocks,

First: 12 days age
Second: 1 day age

I received a input more higher that coins in First block and reset age this to zero.
¿¿???
I've lost more to 500 coins..
Sad

I don't Understand..

GoldSeal

legendary

Activity: 1862

Merit: 1002

Quote from: SushiNoTomato on November 03, 2015, 01:49:21 AM

It took me 7 days to stake a 200k Sprouts block, I always keep my balance in 1 block after it stakes so it's quicker.

Yeha the time to stake is getting larger and larger.

Topic: [ANN] SPROUTS sha256 pos+pow 10% at 5 days 芽菜货币 - page 74. (Read 216106 times)