Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY - page 356. (Read 816010 times)

Quote from: Adapted on May 26, 2014, 03:43:50 AM

50 confirmations for stakes are quite high at current speed.
if the next update still cannot speed blocks up, then may be consider to lower it?

i agree but 50 confirms is correct when blockchain moves in a regular fashion, currently our blockchain is slightly intermittent, and as a result 50 confirms merely seems a long time. however.... my stake yesterday took ~24 hours to mature, I think this is ok, i've no problem waiting a day for stake.

yea i think 50 is ok as well.
if the blockchain goes to normal speed, i think it will be like 60sec per block? then that is fine with 50confirmations.

yes I think that is the correct timing.. i'm actually in two minds about it though... i think 24hrs to stake is a good length of time for Sync. Perhaps 50minutes would be too quick? don't you think?

yes, but just change it later after the speed becomes normal. everything need quick for this moment.

i agree, for the sake of transactions, the blockchain should run faster. it's good to discuss this with a constructive outlook.

yes, block speeds need faster now.
eg, poloniex need 200 confirms. that will take forever. but if 60sec per block, then is ok.
(however, i wish dev ask poloniex and mintpal lower than confirmation number, they are 200 and 50 of my last update)

raskul

sr. member

Activity: 434

Merit: 250

Everything is working fine

Let's pump the price ppl stop selling it so cheap ..!?!

Think !

it's OK for now, the low price has helped with distribution - toprichlist is now more evenly spread.
i'll continue to buy Sync as and when I have the BTC to invest, but for now, the low price isn't an issue really, we are still in distribution phase, where most coins do worthless giveaways (which devalue the coin) - we have played our trolls well, they have dumped at low prices and as a result, more people have invested in Sync.

all is well Grin

kimb0

full member

Activity: 154

Merit: 100

Quote from: johntseng on May 26, 2014, 03:45:36 AM

Quote from: kimb0 on May 26, 2014, 03:43:35 AM

Quote from: johntseng on May 26, 2014, 03:40:01 AM

Quote from: kimb0 on May 26, 2014, 03:43:35 AM

just get my stake again Grin

Sorry is this has been answered before, what is the min coins that must be in the wallet for staking?

there shouldn't be a minimum, i'm a bit puzzled if it has been coded this way, and why (?)
stake is random for everyone but you should see your coins stake at some point within 30 days of arriving in your wallet.

So what i just dont understand, and again sorry for repeating a question asked before, why is my coins not maturing. Most of the transactions have 70+ confirmations

Are your wallet in sync , whats your block number now?
Does the wallet encrypted?If yes, have you unlock it?
When was the last deposit and withdrawal? in hours.

Block 8330

Unlocked for stake

Last deposit bout 24 hours 77 confirms

any withdrawal after last deposit?

Yea i made one small one when i included the tx fee, but that is still 3 out of 5 confirms

so sum up all withdrawal after last deposit, is it more than last deposit?

Yea i just send some small amount from my wallet with the tx fee

So it is smaller the the deposit

have you use this in send

No

johntseng

member

Activity: 84

Merit: 10

Quote from: johntseng on May 26, 2014, 03:40:01 AM

Quote from: johntseng on May 26, 2014, 03:42:51 AM

just get my stake again Grin

Sorry is this has been answered before, what is the min coins that must be in the wallet for staking?

there shouldn't be a minimum, i'm a bit puzzled if it has been coded this way, and why (?)
stake is random for everyone but you should see your coins stake at some point within 30 days of arriving in your wallet.

So what i just dont understand, and again sorry for repeating a question asked before, why is my coins not maturing. Most of the transactions have 70+ confirmations

Are your wallet in sync , whats your block number now?
Does the wallet encrypted?If yes, have you unlock it?
When was the last deposit and withdrawal? in hours.

Block 8330

Unlocked for stake

Last deposit bout 24 hours 77 confirms

any withdrawal after last deposit?

Yea i made one small one when i included the tx fee, but that is still 3 out of 5 confirms

so sum up all withdrawal after last deposit, is it more than last deposit?

Yea i just send some small amount from my wallet with the tx fee

So it is smaller the the deposit

have you use this in send

Adapted

full member

Activity: 168

Merit: 100

Everything is working fine

Let's pump the price ppl stop selling it so cheap ..!?!

Think !

raskul

sr. member

Activity: 434

Merit: 250

Quote from: raskul on May 26, 2014, 03:39:51 AM

Quote from: johntseng on May 26, 2014, 03:40:01 AM

50 confirmations for stakes are quite high at current speed.
if the next update still cannot speed blocks up, then may be consider to lower it?

i agree but 50 confirms is correct when blockchain moves in a regular fashion, currently our blockchain is slightly intermittent, and as a result 50 confirms merely seems a long time. however.... my stake yesterday took ~24 hours to mature, I think this is ok, i've no problem waiting a day for stake.

yea i think 50 is ok as well.
if the blockchain goes to normal speed, i think it will be like 60sec per block? then that is fine with 50confirmations.

yes I think that is the correct timing.. i'm actually in two minds about it though... i think 24hrs to stake is a good length of time for Sync. Perhaps 50minutes would be too quick? don't you think?

yes, but just change it later after the speed becomes normal. everything need quick for this moment.

i agree, for the sake of transactions, the blockchain should run faster. it's good to discuss this with a constructive outlook.

kimb0

full member

Activity: 154

Merit: 100

Quote from: raskul on May 26, 2014, 03:39:51 AM

just get my stake again Grin

Sorry is this has been answered before, what is the min coins that must be in the wallet for staking?

there shouldn't be a minimum, i'm a bit puzzled if it has been coded this way, and why (?)
stake is random for everyone but you should see your coins stake at some point within 30 days of arriving in your wallet.

So what i just dont understand, and again sorry for repeating a question asked before, why is my coins not maturing. Most of the transactions have 70+ confirmations

Are your wallet in sync , whats your block number now?
Does the wallet encrypted?If yes, have you unlock it?
When was the last deposit and withdrawal? in hours.

Block 8330

Unlocked for stake

Last deposit bout 24 hours 77 confirms

any withdrawal after last deposit?

Yea i made one small one when i included the tx fee, but that is still 3 out of 5 confirms

so sum up all withdrawal after last deposit, is it more than last deposit?

Yea i just send some small amount from my wallet with the tx fee

So it is smaller the the deposit

johntseng

member

Activity: 84

Merit: 10

50 confirmations for stakes are quite high at current speed.
if the next update still cannot speed blocks up, then may be consider to lower it?

i agree but 50 confirms is correct when blockchain moves in a regular fashion, currently our blockchain is slightly intermittent, and as a result 50 confirms merely seems a long time. however.... my stake yesterday took ~24 hours to mature, I think this is ok, i've no problem waiting a day for stake.

yea i think 50 is ok as well.
if the blockchain goes to normal speed, i think it will be like 60sec per block? then that is fine with 50confirmations.

yes I think that is the correct timing.. i'm actually in two minds about it though... i think 24hrs to stake is a good length of time for Sync. Perhaps 50minutes would be too quick? don't you think?

yes, but just change it later after the speed becomes normal. everything need quick for this moment.

raskul

sr. member

Activity: 434

Merit: 250

just get my stake again Grin

Sorry is this has been answered before, what is the min coins that must be in the wallet for staking?

there shouldn't be a minimum, i'm a bit puzzled if it has been coded this way, and why (?)
stake is random for everyone but you should see your coins stake at some point within 30 days of arriving in your wallet.

So what i just dont understand, and again sorry for repeating a question asked before, why is my coins not maturing. Most of the transactions have 70+ confirmations

Are your wallet in sync , whats your block number now?
Does the wallet encrypted?If yes, have you unlock it?
When was the last deposit and withdrawal? in hours.

Block 8330

Unlocked for stake

Last deposit bout 24 hours 77 confirms

any withdrawal after last deposit?

Yea i made one small one when i included the tx fee, but that is still 3 out of 5 confirms

yes, we are all at the mercy of our intermittent blockchain. moving coins should be faster and i'm sure Dev is working on a fix to make the blockchain more balanced - once that is done, i'd like to see stake confirms raised so stake takes longer than 50 confirms.

johntseng

member

Activity: 84

Merit: 10

just get my stake again Grin

Sorry is this has been answered before, what is the min coins that must be in the wallet for staking?

there shouldn't be a minimum, i'm a bit puzzled if it has been coded this way, and why (?)
stake is random for everyone but you should see your coins stake at some point within 30 days of arriving in your wallet.

So what i just dont understand, and again sorry for repeating a question asked before, why is my coins not maturing. Most of the transactions have 70+ confirmations

Are your wallet in sync , whats your block number now?
Does the wallet encrypted?If yes, have you unlock it?
When was the last deposit and withdrawal? in hours.

Block 8330

Unlocked for stake

Last deposit bout 24 hours 77 confirms

any withdrawal after last deposit?

Yea i made one small one when i included the tx fee, but that is still 3 out of 5 confirms

so sum up all withdrawal after last deposit, is it more than last deposit?

raskul

sr. member

Activity: 434

Merit: 250

50 confirmations for stakes are quite high at current speed.
if the next update still cannot speed blocks up, then may be consider to lower it?

i agree but 50 confirms is correct when blockchain moves in a regular fashion, currently our blockchain is slightly intermittent, and as a result 50 confirms merely seems a long time. however.... my stake yesterday took ~24 hours to mature, I think this is ok, i've no problem waiting a day for stake.

yea i think 50 is ok as well.
if the blockchain goes to normal speed, i think it will be like 60sec per block? then that is fine with 50confirmations.

yes I think that is the correct timing.. i'm actually in two minds about it though... i think 24hrs to stake is a good length of time for Sync. Perhaps 50minutes would be too quick? don't you think?

kimb0

full member

Activity: 154

Merit: 100

just get my stake again Grin

Sorry is this has been answered before, what is the min coins that must be in the wallet for staking?

there shouldn't be a minimum, i'm a bit puzzled if it has been coded this way, and why (?)
stake is random for everyone but you should see your coins stake at some point within 30 days of arriving in your wallet.

So what i just dont understand, and again sorry for repeating a question asked before, why is my coins not maturing. Most of the transactions have 70+ confirmations

Are your wallet in sync , whats your block number now?
Does the wallet encrypted?If yes, have you unlock it?
When was the last deposit and withdrawal? in hours.

Block 8330

Unlocked for stake

Last deposit bout 24 hours 77 confirms

any withdrawal after last deposit?

Yea i made one small one when i included the tx fee, but that is still 3 out of 5 confirms

johntseng

member

Activity: 84

Merit: 10

Quote from: raskul on May 26, 2014, 03:34:57 AM

50 confirmations for stakes are quite high at current speed.
if the next update still cannot speed blocks up, then may be consider to lower it?

i agree but 50 confirms is correct when blockchain moves in a regular fashion, currently our blockchain is slightly intermittent, and as a result 50 confirms merely seems a long time. however.... my stake yesterday took ~24 hours to mature, I think this is ok, i've no problem waiting a day for stake.

yea i think 50 is ok as well.
if the blockchain goes to normal speed, i think it will be like 60sec per block? then that is fine with 50confirmations.

kimb0

full member

Activity: 154

Merit: 100

just get my stake again Grin

Sorry is this has been answered before, what is the min coins that must be in the wallet for staking?

there shouldn't be a minimum, i'm a bit puzzled if it has been coded this way, and why (?)
stake is random for everyone but you should see your coins stake at some point within 30 days of arriving in your wallet.

So what i just dont understand, and again sorry for repeating a question asked before, why is my coins not maturing. Most of the transactions have 70+ confirmations

Are your wallet in sync , whats your block number now?
Does the wallet encrypted?If yes, have you unlock it?
When was the last deposit and withdrawal? in hours.

Block 8330

Unlocked for stake

Last deposit bout 24 hours 77 confirms

it'll happen, just be patient. Sync is not a short-term investment, it's designed for the long term.

Thank you

johntseng

member

Activity: 84

Merit: 10

just get my stake again Grin

Sorry is this has been answered before, what is the min coins that must be in the wallet for staking?

there shouldn't be a minimum, i'm a bit puzzled if it has been coded this way, and why (?)
stake is random for everyone but you should see your coins stake at some point within 30 days of arriving in your wallet.

So what i just dont understand, and again sorry for repeating a question asked before, why is my coins not maturing. Most of the transactions have 70+ confirmations

Are your wallet in sync , whats your block number now?
Does the wallet encrypted?If yes, have you unlock it?
When was the last deposit and withdrawal? in hours.

Block 8330

Unlocked for stake

Last deposit bout 24 hours 77 confirms

any withdrawal after last deposit?

raskul

sr. member

Activity: 434

Merit: 250

just get my stake again Grin

Sorry is this has been answered before, what is the min coins that must be in the wallet for staking?

there shouldn't be a minimum, i'm a bit puzzled if it has been coded this way, and why (?)
stake is random for everyone but you should see your coins stake at some point within 30 days of arriving in your wallet.

So what i just dont understand, and again sorry for repeating a question asked before, why is my coins not maturing. Most of the transactions have 70+ confirmations

Are your wallet in sync , whats your block number now?
Does the wallet encrypted?If yes, have you unlock it?
When was the last deposit and withdrawal? in hours.

Block 8330

Unlocked for stake

Last deposit bout 24 hours 77 confirms

it'll happen, just be patient. Sync is not a short-term investment, it's designed for the long term.

raskul

sr. member

Activity: 434

Merit: 250

50 confirmations for stakes are quite high at current speed.
if the next update still cannot speed blocks up, then may be consider to lower it?

i agree but 50 confirms is correct when blockchain moves in a regular fashion, currently our blockchain is slightly intermittent, and as a result 50 confirms merely seems a long time. however.... my stake yesterday took ~24 hours to mature, I think this is ok, i've no problem waiting a day for stake.

kimb0

full member

Activity: 154

Merit: 100