Topic: [ANN][MAST] MastCoin | CoinRecycler | Bittrex - page 129. (Read 180293 times)

Unbelievable rally, its reached an all time high of 0.0020BTC

unimagani => That's awesome - really helpful explanation and it makes a whole lot more sense now - the way its phrased in the wallet makes it seem like it should be the other way around - however perhaps thats just me! All good - thank u for spending the time explaining that - one of the reasons I like this coin - community are very helpful......

Here's my basic understanding of this, but as I'm also new to all this PoS business, I could be way off. Someone correct me if I'm wrong.

All normal, mature coins are "Stakeable".
Coins in "Stake" are coins that recently received PoS coins. It creates a new output that needs to mature again, that's why it isn't spendable. Once it gets spendable (mature) again, it shows at the spendable balance and will start to attract stake again.

So for example, you have 1 address, where you got 3 transactions.
1: 10 MAST
2: 100 MAST
3: 1000 MAST

When these coins are mature, they start trying to find PoS blocks, each output individually. So you have 1110 mature coins under "Spendable". The 1000 MAST output has a higher chance to get stake reward than the 10 MAST. But over time, the chance increases, so that the 10 MAST will eventually also find it. When the 1000 MAST found reward (say 0.1 MAST), you'll have a new 1000.1 MAST output that needs to mature (1200 confirmations) again. The 1000.1 MAST then show up under "Stake" and can not be spend (or receive PoS reward) until they mature. The remaining 110 are still under "Spendable" and waiting to get their PoS.

About the "'generated but not accepted' (i.e. looks dead)": That usually means those PoS blocks you mined are orphans, so the network has decided to take another block instead of yours (happens when blocks are found at almost the same time by different people).

I would agree. Been with them since almost the beginning of Mastiff Mining. My payouts always arrive and Carlos and Danz are great pool operators. A since of community which is why I am liking Mastiff too!

A great pool and the people there are awesome!

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Not hot...

Hey bit of a newb - can anyone explain this staking business?

I have about 20% of my wallet sitting in 'stake' and other 80% in 'spendable' and current 0 in 'unconfirmed'

I have received a small amount via PoS which state 'mined' (confirmed+accepted) + some which is 'generated but not accepted' (i.e. looks dead)

I go into advanced options in wallet (under send) and see in the tree view that the items which seem to align with the 'stake' bucket have a priority of highest' and are reasonably old ( 14-May ) and have 4073 confirmations.

The other 80% is also marked priority 'highest' but slightly newer (about 12 hours later ~15-May ) but with higher confirmations (6307)

I was expecting that after they matured (X-Days) they would move from 'spendable' => 'stake'

what makes them 'stake'-able? Please note that I do have multiple 'addresses' as I spread the incoming coins across multiple as I assumed (at the time) that if I added newer coins to existing address with older coins the 'clock' would restart.....

Somewhat confused......

i only mentioned shibe to brandondoge because we both got burned by shibecoin. it was kinda just an inside joke i guess. nothing to do with this coin.

I bought some more 

@Specialkey Our team has no relationship with or involvement in ShibeCoin or DojeCoin.

no , very far away from that this dev is really awesome and avaliable at all times
i can assure you this is not loq

Is this the same dev team like shibe or doje?

Also guys! dont forget to join the awesome irc https://kiwiirc.com/client/irc.freenode.net/##mastiffcoin

That's awesome

Chinese MAST fans will be happy to know the Chinese translation of our announcement is up! Check it out at https://bitcointalksearch.org/topic/mast-mastiffcoin-x115-bittrex-625237.

I agree MAST doesn't need to implement anon stuff, all the coin are doing this right now are just sheeps.

MAST will go his own way with new innovatives things and a nice community behind !

People..MAST now definitely needs to go up into another trading stage. PPL have to push POLONIEX to list MAST. Tweet POLO, and urge them..this needs community's efforts. I have been tweeting poloniex for days..

Adding to another exchange will bring MAST to a new high phase.

Better than a lot of coins.. actually, better than all of them in the last 24 hours! MastiffCoin has seen the #1 largest increase in market cap in the past 24 hours on CoinMarketCap