[ANN] $XQN Quotient Financial Network | PoW Scrypt, PoS Blake-256 | UPDATE NOW - page 26.

rhkazani1

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Quote from: Geenstijl on February 17, 2015, 01:48:52 PM

Quote from: myagui on February 17, 2015, 01:46:43 PM

The yearly stake percentage on XQN is 1618% (one thousand, six hundred, ...).
The maximum stake reward for each set of UTXO (what most people just call coin blocks if looking at the input control window), is 16.18 XQN.

With the current amount of coins in circulation, staking is highly competitive, and this means that most (if not all) stakes are capped at the maximum reward. In practice, this means that you will rarely ever get an actual reward of 1618% over your inputs, and your staking results will vary greatly with factors of luck, as well as UTXO (or block) sizes.

Based on my personal experience, factoring the max stake reward as well as the high difficulty, I would place the optimal block size today at somewhere in the region of ~600 to ~1800 XQN. Your mileage may vary. Happy staking! Cool

I tried staking 10k of my XQN. I received 16 XQN in 5 days.... I dont know how i would ever reach this percentage of one thousand sixhundred + percent...

Break the total amount of coins in your wallet into your own multiple addresses.

myagui

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Quote from: rhkazani1 on February 17, 2015, 01:46:17 PM

How do you divide your coins? send it to you own multiple address to maximize staking?

Quoting an earlier post of mine on this same subject. You can use a single address.

Quote

To split coin blocks, you need to enable the coin control features (wallet > settings > options > display > display coin control features). Then select one block at a time, and send it to yourself, adding your (same) address as the 'custom change address'.

So say you start by selecting a 1000 XQN block. You then send yourself a transaction of 500 XQN, but specifying the change address as your own as well. Once you hit send, you will be splitting that 1000 XQN block into 2x 500, a primary transaction, plus change, back to your original address.

If you still have any questions on how this is achieved, let us know, or ask around at Freenode IRC #quotient, might be easier to just explain this over a chat session.

Happy Staking!

Geenstijl

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Quote from: myagui on February 17, 2015, 01:46:43 PM

The yearly stake percentage on XQN is 1618% (one thousand, six hundred, ...).
The maximum stake reward for each set of UTXO (what most people just call coin blocks if looking at the input control window), is 16.18 XQN.

With the current amount of coins in circulation, staking is highly competitive, and this means that most (if not all) stakes are capped at the maximum reward. In practice, this means that you will rarely ever get an actual reward of 1618% over your inputs, and your staking results will vary greatly with factors of luck, as well as UTXO (or block) sizes.

Based on my personal experience, factoring the max stake reward as well as the high difficulty, I would place the optimal block size today at somewhere in the region of ~600 to ~1800 XQN. Your mileage may vary. Happy staking! Cool

I tried staking 10k of my XQN. I received 16 XQN in 5 days.... I dont know how i would ever reach this percentage of one thousand sixhundred + percent...

rakesh1_90

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Activity: 686

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Fall seven times, stand up eight.

Quote from: Levole11 on February 17, 2015, 01:41:47 PM

Isnt such a stake % killeng for the price?

Yes it is.

We just crossed 5k.

myagui

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Activity: 1154

Merit: 1001

The yearly stake percentage on XQN is 1618% (one thousand, six hundred, ...).
The maximum stake reward for each set of UTXO (what most people just call coin blocks if looking at the input control window), is 16.18 XQN.

With the current amount of coins in circulation, staking is highly competitive, and this means that most (if not all) stakes are capped at the maximum reward. In practice, this means that you will rarely ever get an actual reward of 1618% over your inputs, and your staking results will vary greatly with factors of luck, as well as UTXO (or block) sizes.

Based on my personal experience, factoring the max stake reward as well as the high difficulty, I would place the optimal block size today at somewhere in the region of ~600 to ~1800 XQN. Your mileage may vary. Happy staking! Cool

wickedsick

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Quote from: Levole11 on February 17, 2015, 01:41:47 PM

Isnt such a stake % killeng for the price?

there is inflation control...hard cap pos at 16.18 XQN

Geenstijl

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100k market cap?

rhkazani1

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Quote from: pisko on February 17, 2015, 01:39:51 PM

Quote from: sneakgeekz on February 17, 2015, 01:29:49 PM

don't u stake...staking is huge...1618%

How do you get this stake amount?
Is there a optimum amount of coins per input/address?

max reward for one block is now 16.18 XQN and if i count with my 15k XQN i made about 1.5k last month so it mean between 1000-1618% yearly...
cool steaking amounts are between 500-1000 coins.
[/quote]

How do you divide your coins? send it to you own multiple address to maximize staking?

Levole11

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Activity: 566

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Isnt such a stake % killeng for the price?

pisko

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Quote from: sneakgeekz on February 17, 2015, 01:29:49 PM

don't u stake...staking is huge...1618%

How do you get this stake amount?
Is there a optimum amount of coins per input/address?
[/quote]

max reward for one block is now 16.18 XQN and if i count with my 15k XQN i made about 1.5k last month so it mean between 1000-1618% yearly...
cool steaking amounts are between 500-1000 coins.

Levole11

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Activity: 566

Merit: 500

Quote from: rakesh1_90 on February 17, 2015, 01:36:24 PM

Quote from: Levole11 on February 17, 2015, 01:32:07 PM

Quote from: sneakgeekz on February 17, 2015, 01:29:49 PM

don't u stake...staking is huge...1618%

How do you get this stake amount?
Is there a optimum amount of coins per input/address?

I think its more like 1.618, that stake % he mentions makes no sense..

Levole its 1618%. I just moved all my coins to the wallet for staking.
[/quote]

Ok.. well then I guess i have to my coins when I get home..

rakesh1_90

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Activity: 686

Merit: 500

Fall seven times, stand up eight.

Quote from: Levole11 on February 17, 2015, 01:32:07 PM

Quote from: sneakgeekz on February 17, 2015, 01:29:49 PM

don't u stake...staking is huge...1618%

How do you get this stake amount?
Is there a optimum amount of coins per input/address?

I think its more like 1.618, that stake % he mentions makes no sense..
[/quote]

Levole its 1618%. I just moved all my coins to the wallet for staking.

Levole11

hero member

Activity: 566

Merit: 500

Quote from: sneakgeekz on February 17, 2015, 01:29:49 PM

don't u stake...staking is huge...1618%

How do you get this stake amount?
Is there a optimum amount of coins per input/address?
[/quote]

I think its more like 1.618, that stake % he mentions makes no sense..

sneakgeekz

full member

Activity: 141

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don't u stake...staking is huge...1618%
[/quote]

How do you get this stake amount?
Is there a optimum amount of coins per input/address?

BTCMILLIONAIRE

hero member

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Merit: 834

just hit 4k.........10k here we come Grin

rakesh1_90

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Fall seven times, stand up eight.

Quote from: trader19 on February 17, 2015, 11:57:46 AM

Quote from: rakesh1_90 on February 17, 2015, 11:52:31 AM

Inside the wallet under the tab aggregated real time xqn market data do you guys see anything?

Because i get a msg bitrex:unable to initiate SSL context.

yea it's a known issue, it will be fixed on the next release.

Oh okay, Thanks for that knowledge.

trader19

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Quote from: rakesh1_90 on February 17, 2015, 11:52:31 AM

Inside the wallet under the tab aggregated real time xqn market data do you guys see anything?

Because i get a msg bitrex:unable to initiate SSL context.

yea it's a known issue, it will be fixed on the next release.

rakesh1_90

hero member

Activity: 686

Merit: 500

Fall seven times, stand up eight.

Inside the wallet under the tab aggregated real time xqn market data do you guys see anything?

Because i get a msg bitrex:unable to initiate SSL context.

Geenstijl

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