Sorry for the long post and to those with less patience .
I'm a yellowcoin fan (so there is no doubt about it later). I'm more the reader than the writer so i just read all the comments and take my conclusions while laughing (or should it be crying ?! ) at some comments..
Anyway, I cannot make sense of the maths that's in here, so just wanna share to you my thoughts and asking if anyone can help clarifying or make sense to what is happening.
So assuming the 10% POS for 10 days we have more 10% * 10%... = 1.1 * 1.1 = 1.1^10 = 2,593742460100002.
Let's just consider my two first transactions, 23549.185 and 988.232894, total 24537,417894 YC.
Let's forget the ~9200 on other transactions and mining and ~5500 lost on orphan blocks that did not recover.
so 24537,417894 * 2,593742460100002 = 63643,742652885370104 YC Which is more than the total i currently have on my wallet ~62000 YC.
So what's wrong here? I should have a total of 80500 YC in my wallet but i have 20000 YC less.
This equals 25% of all the YC i should have.. missing.
I do like YellowCoin and i understand things can have problems and that that takes time.. but it must work.. and staking is not working properly.. you can say it's working, good.. but have all of you made the maths with your wallets and check the theoretical total balance?
Working. not as expected.. staking, but not 10%, at least to me.. it seems more like 7.5%..
Just wanted to understand what's going on here and where's my 20000 YC.. that's a big amount of them, for me at least.. and when the price rises it will make a lot of difference.. so what can be done, is there a way they can re-evaluate what people should have and are not receiving? Where are my lost 20000 YC and in what wallet did it land?
Thank you guys.
I'll double check mine when I get back from holiday and confirm with you. That doesn't quite add up!
I have always assumed it to be compound staking? Which would be total*1.1=x then next day x*1.1=y then next day y*1.1=z etc.
Please do I just want to understand what's wrong here and if it is happening with with you too.. maybe it's happening with some of you guys too and you didn't notice or it could be just me..
"It seems to be alright because unless you do the math you will never notice the difference. It's not a huge difference because the payout is divided in chunks, so you never realize how much it's getting in since it's changing all the time.
You win 10% per day of all that you have in your wallet, for 10 days, so you have a profit of 10% every day during 10 days, which equals 10% day1 + 10% day2 + 10% day3 + 10% day4 + 10% day5 + 10% day 6 + 10% day 7 + 10% day 8 + 10% day 9 + 10% day 10, which is equal to 1.1 * 1.1 * 1.1 * 1.1 * 1.1 * 1.1 * 1.1 * 1.1 * 1.1 * 1.1 in total sum.
IE:
If you have 100BTC:
At end of:
Day 1: 100 * 110% = 100 * 1.1 = 110
Day 2: 110 * 110% = 100 * 1.1 = 121
Day 3: 121 * 110% = 100 * 1.1 = 133.1
Day 4: * 110% = 100 * 1.1 = 146.41
Day 5: * 110% = 100 * 1.1 = 161.051
Day 6: * 110% = 100 * 1.1 = 177.1561
Day 7: * 110% = 100 * 1.1 = 194.87171
Day 8: * 110% = 100 * 1.1 = 214.358881
Day 9: * 110% = 100 * 1.1 = 235.7947691
Day 10: * 110% = 100 * 1.1 = 259.37424601
All this equals 1.1 * 1.1 * 1.1 * 1.1 * 1.1 * 1.1 * 1.1 * 1.1 * 1.1 * 1.1 * 100 = 1.1^10 * 100 = 2.593742460100002 * 100 = 259.37424601.
Here's my math man"
u cannot stake all ur transactions each day (perhaps first day yes) but u don't lose nothing when the interest rate is fixed (you will eventually have your interest).
in this case the interest rate is limited in time (in blocks), the operation stops at the block 108000. the transactions Splits have not yet been Stake, will Stake with the 3.5% annual interest..
the small difference is due to the fact that all existing YC(transactions) have entered on the Stake (10%) at the same time, so each new block generated will support a part, and transactions must wait their turn (heigh wheight). 10% is time limited , so there will be transactions (or splits) that ll do not have 10% on the last days ...