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Topic: [ANN][CON] PayCon™ HI POS | LiteStake | Multisend | TOR | Android - page 28. (Read 179167 times)

newbie
Activity: 56
Merit: 0
Wassup with this? 95% of the staking go orphan...

By Crestington CON_CEO:
Quote
Orphans do seem to matter if you are mining POS of a fixed block reward for a fixed period, meaning that if you lose a block you have lost the coins and when the period expires you have lost out, although your weight seems to stay the same after an orphan meaning the chances are good that you will get a block soon after the orphan.

Based on visual observation orphans do not seem to matter with percentage based POS mining in perpetuity because if you miss one block your weight seem to stay the same and you will get that block reward or close to it with a next block soon after the orphan. Over time the POS reward has to add up to the coin design of a certain % per year. The last example is similar to closing your wallet for a week and opening it again for staking and then getting a large block reward to bring your POS rewards in line with the coin POS reward design. Since PayCon falls in the second category orphans do not really mind as long as you get a few blocks once in a while.
You probably get a lot of orphans when your internet conection is bad. You can also make sure your clock time is as correct as possible by syncing to internet time.
You can remove the orphans from the menu, Tools -> repair wallet.

I know all that... I have been staking pos coins since they are alive. CON is the ONLY coin to give me such a ridiculous orphan rate as high as that.
Also CON has a huge problem with performance using too much resources and cannot handle lots of blocks in same wallet.dat at certain point it will crash and make the wallet so slow and laggy that I cant use it.

hero member
Activity: 655
Merit: 500
BXT BitToken - No premine - Fair launch
consider to get in touch with https://staisybit.com
great new service that allow webwallets that are able to stake for POS able coins

for now its just a webwallet that can stake

but later on it will be linked with android apps and marketplaces too

i think now when this company is in the startup phase its maybe possible even a small coin can get added

later on it will be very difficult for small coins get a slot i guess

I'll ask them in a few days when I'm home, I get back on the 15th. Can send some requests in to get CON added, does it cost? I'll donate some to help where I can. Also for nodes since there has been some discussion, I maintain about 5 nodes for PayCon across different areas of the world, I'd have to check but I think it's new York, London, LA, San Francisco and Netherlands. I don'tthink I'd do the nodes from the node hosting site because it works out to $60 a year for 512 mb ram but from crowncloud.net you can get 2 gb ram for $30 a year.

 https://staisybit.com would be a good home for CON.

Who is running this service?
hero member
Activity: 655
Merit: 500
BXT BitToken - No premine - Fair launch
Wassup with this? 95% of the staking go orphan...

By Crestington CON_CEO:
Quote
Orphans do seem to matter if you are mining POS of a fixed block reward for a fixed period, meaning that if you lose a block you have lost the coins and when the period expires you have lost out, although your weight seems to stay the same after an orphan meaning the chances are good that you will get a block soon after the orphan.

Based on visual observation orphans do not seem to matter with percentage based POS mining in perpetuity because if you miss one block your weight seem to stay the same and you will get that block reward or close to it with a next block soon after the orphan. Over time the POS reward has to add up to the coin design of a certain % per year. The last example is similar to closing your wallet for a week and opening it again for staking and then getting a large block reward to bring your POS rewards in line with the coin POS reward design. Since PayCon falls in the second category orphans do not really mind as long as you get a few blocks once in a while.
You probably get a lot of orphans when your internet conection is bad. You can also make sure your clock time is as correct as possible by syncing to internet time.
You can remove the orphans from the menu, Tools -> repair wallet.
hero member
Activity: 655
Merit: 500
BXT BitToken - No premine - Fair launch
I am selling CON off exchange if anyone wants.

I have lots of them Smiley


Why would someone want to buy it outside of an exchange ? Seems like a lot of unnecessary risk lol
Because I have huge amount of CON staking and I dont want to break the blocks unless someone wants to buy big chunk.
And there isn't any big volume on CON.


Why not?
If the price is good I will buy your CON at C-Cex.

In recent weeks I have already bought over 200k PayCon...
Exactly what I am saying, you bought 200k in weeks, while I need someone to buy mine right away and when I say big chunk I mean 400k+.
Put it on Sell orders for 0.00000140 BTC per CON and I will buy your CON at C-cex.

Not here, as I not trust Newbie accounts and will not trade here.
newbie
Activity: 56
Merit: 0
I am selling CON off exchange if anyone wants.

I have lots of them Smiley


Why would someone want to buy it outside of an exchange ? Seems like a lot of unnecessary risk lol
Because I have huge amount of CON staking and I dont want to break the blocks unless someone wants to buy big chunk.
And there isn't any big volume on CON.


Why not?
If the price is good I will buy your CON at C-Cex.

In recent weeks I have already bought over 200k PayCon...
Exactly what I am saying, you bought 200k in weeks, while I need someone to buy mine right away and when I say big chunk I mean 400k+.
hero member
Activity: 784
Merit: 511
I am selling CON off exchange if anyone wants.

I have lots of them Smiley


Why would someone want to buy it outside of an exchange ? Seems like a lot of unnecessary risk lol
Because I have huge amount of CON staking and I dont want to break the blocks unless someone wants to buy big chunk.
And there isn't any big volume on CON.


Why not?
If the price is good I will buy your CON at C-Cex.

In recent weeks I have already bought over 200k PayCon...
newbie
Activity: 56
Merit: 0
I am selling CON off exchange if anyone wants.

I have lots of them Smiley


Why would someone want to buy it outside of an exchange ? Seems like a lot of unnecessary risk lol
Because I have huge amount of CON staking and I dont want to break the blocks unless someone wants to buy big chunk.
And there isn't any big volume on CON.
hero member
Activity: 630
Merit: 500
I am selling CON off exchange if anyone wants.

I have lots of them Smiley


Why would someone want to buy it outside of an exchange ? Seems like a lot of unnecessary risk lol
newbie
Activity: 56
Merit: 0
I am selling CON off exchange if anyone wants.

I have lots of them Smiley
Psi
legendary
Activity: 1022
Merit: 1000
[center][table][tr][td][url=https://trustdice.win/
price finally seems to be rebounding a little
newbie
Activity: 56
Merit: 0


Wassup with this? 95% of the staking go orphan...
legendary
Activity: 1624
Merit: 1005
I wish you all love and profitable investments!!!

Hey Crest, if you get time could you check into this Bootstrap?  I just used it and it said last block was from over 160 days ago.  I could just be using it wrong, maybe I am, any input is appreciated!


Same here. Sad   Guys, please upload actual bootstrap.
hero member
Activity: 655
Merit: 500
BXT BitToken - No premine - Fair launch

My best wishes to all of you for a successful New Year Smiley



Happy new Year CON!!

 I'm waiting for instructions from our CON Leader Crestington   Grin
hero member
Activity: 784
Merit: 511

My best wishes to all of you for a successful New Year Smiley

sr. member
Activity: 473
Merit: 250
what is the recommended block size for staking?

I think it's about 700-800 coins.
legendary
Activity: 1148
Merit: 1000
what is the recommended block size for staking?
hero member
Activity: 784
Merit: 511

Today I bought ~ 90k CON - for 135 and 140 satoshi  Grin

When the new website is online PayCon will rise again.

legendary
Activity: 1033
Merit: 1005
The website is coming along slowly, it's past the template stage and being built now. I have a couple days off now and will be working on building/cloning in order to get a stable build for the community to vote on final changes.

Your site is moving faster then mine... although I haven't touched mine in about 4 months...
hero member
Activity: 655
Merit: 500
BXT BitToken - No premine - Fair launch
The website is coming along slowly, it's past the template stage and being built now. I have a couple days off now and will be working on building/cloning in order to get a stable build for the community to vote on final changes.
I'm looking forward to seeing the website when it's done
sr. member
Activity: 300
Merit: 250
Anyone else having trouble with wallet going out of sync?
I also had stakes of 40 and 50 con at the same time.
This has happened a few times over the last few days.
I close the wallet and reopen then syncs back up fine.
Though stakes of 40 and 50 were bad. Kinda weird as it has not had any problems in the past.
Just happened staring with this week. Weird!

Hope everyone had a Merry Christmas!

Peace, Dennis
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