[ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh) - page 173.

corather

legendary

Activity: 1708

Merit: 1000

Solarcoin.org

Quote from: daniobg on November 03, 2015, 06:05:54 AM

Can we bring the coin to another exchanges? If it get to Cryptsy I think more people will know about it and be interested in to buy. And now since there is no more mining, the price must skyrocket - that last week was an example about how a small amount of BTC can drive the price UP, the problem is that more people need to know about the coin and more exchanges need to accept it. Once more people buy it, the price will go UP and eventually companies that produce solar energy will be more interested to claim their coins. What do you guys think?

Last I heard cryptsy was having some problems, freezing withdrawals and whatnot.

Scalextrix

full member

Activity: 185

Merit: 100

Quote from: y_virtual on November 03, 2015, 08:01:20 AM

Quote from: daniobg on November 03, 2015, 06:05:54 AM

Can we bring the coin to another exchanges? If it get to Cryptsy I think more people will know about it and be interested in to buy. And now since there is no more mining, the price must skyrocket - that last week was an example about how a small amount of BTC can drive the price UP, the problem is that more people need to know about the coin and more exchanges need to accept it. Once more people buy it, the price will go UP and eventually companies that produce solar energy will be more interested to claim their coins. What do you guys think?

Yes, let's work on that.
I will be also accepting SLR payments (with big discount, plus thorough explanations on how to get SLR) on my money markets historical data website - will be using the CoinPayments.net API, since CoinPayments already have SolarCoin on their online crypto payments acceptance system. Expecting first customers as early as next week

Where is the twitter campaign with #solarcoin, where are the facebook likes? Its up to everyone holding SLR to get the message out, then the exchanges will come to you.

y_virtual

sr. member

Activity: 377

Merit: 251

Note to self: it's not you doing it, it's us.

Quote from: daniobg on November 03, 2015, 06:05:54 AM

Can we bring the coin to another exchanges? If it get to Cryptsy I think more people will know about it and be interested in to buy. And now since there is no more mining, the price must skyrocket - that last week was an example about how a small amount of BTC can drive the price UP, the problem is that more people need to know about the coin and more exchanges need to accept it. Once more people buy it, the price will go UP and eventually companies that produce solar energy will be more interested to claim their coins. What do you guys think?

Yes, let's work on that.
I will be also accepting SLR payments (with big discount, plus thorough explanations on how to get SLR) on my money markets historical data website - will be using the CoinPayments.net API, since CoinPayments already have SolarCoin on their online crypto payments acceptance system. Expecting first customers as early as next week

daniobg

full member

Activity: 232

Merit: 105

Solarcoin.org

Can we bring the coin to another exchanges? If it get to Cryptsy I think more people will know about it and be interested in to buy. And now since there is no more mining, the price must skyrocket - that last week was an example about how a small amount of BTC can drive the price UP, the problem is that more people need to know about the coin and more exchanges need to accept it. Once more people buy it, the price will go UP and eventually companies that produce solar energy will be more interested to claim their coins. What do you guys think?

y_virtual

sr. member

Activity: 377

Merit: 251

Note to self: it's not you doing it, it's us.

Quote from: daniobg on November 03, 2015, 05:15:31 AM

Quote from: vipgelsi on November 02, 2015, 11:54:39 AM

.011

And someone has dumped today... Anyway what are the developers doing with the project is my concern? I don't se any activity here or in the official solarcoin forum - the admin there has logged last on september Huh

As usual, whoever wants to buy at around 1000 is the one who dumps into their own bids

What you say is what they want everyone to believe, but that doesn't make it a truth.

daniobg

full member

Activity: 232

Merit: 105

Solarcoin.org

Quote from: vipgelsi on November 02, 2015, 11:54:39 AM

.011

And someone has dumped today... Anyway what are the developers doing with the project is my concern? I don't see any activity here or in the official solarcoin forum - the admin there has logged last on september Huh

vipgelsi

legendary

Activity: 1736

Merit: 1001

.011

CryptoNick

legendary

Activity: 987

Merit: 1003

Quote from: Scalextrix on November 02, 2015, 11:32:18 AM

Quote from: CryptoNick on November 02, 2015, 11:18:47 AM

Quote from: Scalextrix on November 02, 2015, 02:50:47 AM

Quote from: CryptoNick on November 01, 2015, 10:53:56 PM

Quote from: Alao on November 01, 2015, 06:22:29 PM

Quote from: CryptoNick on November 01, 2015, 05:10:52 PM

Quote from: Scalextrix on November 01, 2015, 12:14:51 PM

Hello, Im trying to understand with PoST if its pointless to stake intermittently, I ususally run my machine 10 hours a day.

I understand continous staking is rewarded higher, but is intermittent staking worth it from an itnerest perspective?

It really only depends on how much coin you have. If you only make a few SLR a day then the only reason to PoST is just to support the network. The more wallets the better the network. So if you want to actually make it worth while then buy a ton of coin and you will eventually get better rewards but you are up against some huge wallets for sure. But it goes by coin age so once those wallets go through their coin your coin will be the next rewarded. Once you stake it resets the age. So you will eventually average out. The larger the wallet the more attempts they get to stake. So make a big wallet if you want to compete or just support the network if it is worth it to you. This was part of the problem in price vs reward to sustain the network but fortunately there are many who will always be staking 24/7 and many of those don't sell coin either so they leave the door open to boost the price if you decide to buy.

Can you use numbers. What is considered a large amount of slr. So far there is about 33 million in circulation. How much would you need to really compete?

My 70,000 coins made a few SLR a day. Depends on what you consider worth while. A few pennies a day. I would say to go up against some of the bigger wallets around 200,000 or so. You still may not make it worth while. If the price changes then it would be worth it for sure at 70,000. 2 Dollars a day wouldn't be bad if SLR were 1 Dollar. But you would be better off selling the 70K at that point since it is $70,000.

What Im seeing is with any amount of SLR the estimated time to stake is the same when i start in the morning, typically 2 days and increases throughout the day to be 7 or 8 days by the time I log off at night. This is the same whether I have 150 or 4500 SLR.
What I am trying to find out is if my stake time from yesterday has any value today, if the wallet wasnt staking continuously. If it did I would expect my 'coin age' to gradually increase and the time to stake gradually reduce, Im not seeing that right now.

Well PoST incentivizes consistent staking so leaving your wallet online is a factor but your stakes divide up against the network eventually. So whatever the value out is to make it worth it for you is what I am meaning. Obviously if it isn't worth it people won't stake plain and simple. You get more opportunities to stake with more coin just for the mere fact that your coin will be releasing and staking more. If your entire wallet splits and then eventually stakes you will have nothing left to stake while you wait for it to release. 2 percent inflation is what you can expect to average on your coin.

Thanks for the answers, so I understand that my coin age should build up to at some point give me enough weight in the network to stake and get paid 2% interest.
What is the financial benefit of staking 24/7 whats the additional incentive?

PoST rewards constant staking. So you want to stake as long as possible to get the rewards. Making the reward worth it was more important in the end game. This was my only gripe about PoST since most small wallets will not stake 100% of the time. So you only have big wallets, there are less big wallets, and getting more wallets online makes the security and network more robust.

Scalextrix

full member

Activity: 185

Merit: 100

Quote from: CryptoNick on November 02, 2015, 11:18:47 AM

Quote from: Scalextrix on November 02, 2015, 02:50:47 AM

Quote from: CryptoNick on November 01, 2015, 10:53:56 PM

Quote from: Alao on November 01, 2015, 06:22:29 PM

Quote from: CryptoNick on November 01, 2015, 05:10:52 PM

Quote from: Scalextrix on November 01, 2015, 12:14:51 PM

Hello, Im trying to understand with PoST if its pointless to stake intermittently, I ususally run my machine 10 hours a day.

I understand continous staking is rewarded higher, but is intermittent staking worth it from an itnerest perspective?

It really only depends on how much coin you have. If you only make a few SLR a day then the only reason to PoST is just to support the network. The more wallets the better the network. So if you want to actually make it worth while then buy a ton of coin and you will eventually get better rewards but you are up against some huge wallets for sure. But it goes by coin age so once those wallets go through their coin your coin will be the next rewarded. Once you stake it resets the age. So you will eventually average out. The larger the wallet the more attempts they get to stake. So make a big wallet if you want to compete or just support the network if it is worth it to you. This was part of the problem in price vs reward to sustain the network but fortunately there are many who will always be staking 24/7 and many of those don't sell coin either so they leave the door open to boost the price if you decide to buy.

Can you use numbers. What is considered a large amount of slr. So far there is about 33 million in circulation. How much would you need to really compete?

My 70,000 coins made a few SLR a day. Depends on what you consider worth while. A few pennies a day. I would say to go up against some of the bigger wallets around 200,000 or so. You still may not make it worth while. If the price changes then it would be worth it for sure at 70,000. 2 Dollars a day wouldn't be bad if SLR were 1 Dollar. But you would be better off selling the 70K at that point since it is $70,000.

What Im seeing is with any amount of SLR the estimated time to stake is the same when i start in the morning, typically 2 days and increases throughout the day to be 7 or 8 days by the time I log off at night. This is the same whether I have 150 or 4500 SLR.
What I am trying to find out is if my stake time from yesterday has any value today, if the wallet wasnt staking continuously. If it did I would expect my 'coin age' to gradually increase and the time to stake gradually reduce, Im not seeing that right now.

Well PoST incentivizes consistent staking so leaving your wallet online is a factor but your stakes divide up against the network eventually. So whatever the value out is to make it worth it for you is what I am meaning. Obviously if it isn't worth it people won't stake plain and simple. You get more opportunities to stake with more coin just for the mere fact that your coin will be releasing and staking more. If your entire wallet splits and then eventually stakes you will have nothing left to stake while you wait for it to release. 2 percent inflation is what you can expect to average on your coin.

Thanks for the answers, so I understand that my coin age should build up to at some point give me enough weight in the network to stake and get paid 2% interest.
What is the financial benefit of staking 24/7 whats the additional incentive?

CryptoNick

legendary

Activity: 987

Merit: 1003

Quote from: Scalextrix on November 02, 2015, 02:50:47 AM

Quote from: CryptoNick on November 01, 2015, 10:53:56 PM

Quote from: Alao on November 01, 2015, 06:22:29 PM

Quote from: CryptoNick on November 01, 2015, 05:10:52 PM

Quote from: Scalextrix on November 01, 2015, 12:14:51 PM

Hello, Im trying to understand with PoST if its pointless to stake intermittently, I ususally run my machine 10 hours a day.

I understand continous staking is rewarded higher, but is intermittent staking worth it from an itnerest perspective?

It really only depends on how much coin you have. If you only make a few SLR a day then the only reason to PoST is just to support the network. The more wallets the better the network. So if you want to actually make it worth while then buy a ton of coin and you will eventually get better rewards but you are up against some huge wallets for sure. But it goes by coin age so once those wallets go through their coin your coin will be the next rewarded. Once you stake it resets the age. So you will eventually average out. The larger the wallet the more attempts they get to stake. So make a big wallet if you want to compete or just support the network if it is worth it to you. This was part of the problem in price vs reward to sustain the network but fortunately there are many who will always be staking 24/7 and many of those don't sell coin either so they leave the door open to boost the price if you decide to buy.

Can you use numbers. What is considered a large amount of slr. So far there is about 33 million in circulation. How much would you need to really compete?

My 70,000 coins made a few SLR a day. Depends on what you consider worth while. A few pennies a day. I would say to go up against some of the bigger wallets around 200,000 or so. You still may not make it worth while. If the price changes then it would be worth it for sure at 70,000. 2 Dollars a day wouldn't be bad if SLR were 1 Dollar. But you would be better off selling the 70K at that point since it is $70,000.

What Im seeing is with any amount of SLR the estimated time to stake is the same when i start in the morning, typically 2 days and increases throughout the day to be 7 or 8 days by the time I log off at night. This is the same whether I have 150 or 4500 SLR.
What I am trying to find out is if my stake time from yesterday has any value today, if the wallet wasnt staking continuously. If it did I would expect my 'coin age' to gradually increase and the time to stake gradually reduce, Im not seeing that right now.

Well PoST incentivizes consistent staking so leaving your wallet online is a factor but your stakes divide up against the network eventually. So whatever the value out is to make it worth it for you is what I am meaning. Obviously if it isn't worth it people won't stake plain and simple. You get more opportunities to stake with more coin just for the mere fact that your coin will be releasing and staking more. If your entire wallet splits and then eventually stakes you will have nothing left to stake while you wait for it to release. 2 percent inflation is what you can expect to average on your coin.

Snake Pliskin

full member

Activity: 128

Merit: 100

Seem to be using a lot of bandwidth today I have only downloaded 113 MB but uploaded 2 GB today, any ideas what could be. Huh

Scalextrix

full member

Activity: 185

Merit: 100

Quote from: CryptoNick on November 01, 2015, 10:53:56 PM

Quote from: Alao on November 01, 2015, 06:22:29 PM

Quote from: CryptoNick on November 01, 2015, 05:10:52 PM

Quote from: Scalextrix on November 01, 2015, 12:14:51 PM

Hello, Im trying to understand with PoST if its pointless to stake intermittently, I ususally run my machine 10 hours a day.

I understand continous staking is rewarded higher, but is intermittent staking worth it from an itnerest perspective?

It really only depends on how much coin you have. If you only make a few SLR a day then the only reason to PoST is just to support the network. The more wallets the better the network. So if you want to actually make it worth while then buy a ton of coin and you will eventually get better rewards but you are up against some huge wallets for sure. But it goes by coin age so once those wallets go through their coin your coin will be the next rewarded. Once you stake it resets the age. So you will eventually average out. The larger the wallet the more attempts they get to stake. So make a big wallet if you want to compete or just support the network if it is worth it to you. This was part of the problem in price vs reward to sustain the network but fortunately there are many who will always be staking 24/7 and many of those don't sell coin either so they leave the door open to boost the price if you decide to buy.

Can you use numbers. What is considered a large amount of slr. So far there is about 33 million in circulation. How much would you need to really compete?

My 70,000 coins made a few SLR a day. Depends on what you consider worth while. A few pennies a day. I would say to go up against some of the bigger wallets around 200,000 or so. You still may not make it worth while. If the price changes then it would be worth it for sure at 70,000. 2 Dollars a day wouldn't be bad if SLR were 1 Dollar. But you would be better off selling the 70K at that point since it is $70,000.

What Im seeing is with any amount of SLR the estimated time to stake is the same when i start in the morning, typically 2 days and increases throughout the day to be 7 or 8 days by the time I log off at night. This is the same whether I have 150 or 4500 SLR.
What I am trying to find out is if my stake time from yesterday has any value today, if the wallet wasnt staking continuously. If it did I would expect my 'coin age' to gradually increase and the time to stake gradually reduce, Im not seeing that right now.

CryptoNick

legendary

Activity: 987

Merit: 1003

Quote from: Alao on November 01, 2015, 06:22:29 PM

Quote from: CryptoNick on November 01, 2015, 05:10:52 PM

Quote from: Scalextrix on November 01, 2015, 12:14:51 PM

Hello, Im trying to understand with PoST if its pointless to stake intermittently, I ususally run my machine 10 hours a day.

I understand continous staking is rewarded higher, but is intermittent staking worth it from an itnerest perspective?

It really only depends on how much coin you have. If you only make a few SLR a day then the only reason to PoST is just to support the network. The more wallets the better the network. So if you want to actually make it worth while then buy a ton of coin and you will eventually get better rewards but you are up against some huge wallets for sure. But it goes by coin age so once those wallets go through their coin your coin will be the next rewarded. Once you stake it resets the age. So you will eventually average out. The larger the wallet the more attempts they get to stake. So make a big wallet if you want to compete or just support the network if it is worth it to you. This was part of the problem in price vs reward to sustain the network but fortunately there are many who will always be staking 24/7 and many of those don't sell coin either so they leave the door open to boost the price if you decide to buy.

Can you use numbers. What is considered a large amount of slr. So far there is about 33 million in circulation. How much would you need to really compete?

My 70,000 coins made a few SLR a day. Depends on what you consider worth while. A few pennies a day. I would say to go up against some of the bigger wallets around 200,000 or so. You still may not make it worth while. If the price changes then it would be worth it for sure at 70,000. 2 Dollars a day wouldn't be bad if SLR were 1 Dollar. But you would be better off selling the 70K at that point since it is $70,000.

Alao

sr. member

Activity: 493

Merit: 250

Quote from: CryptoNick on November 01, 2015, 05:10:52 PM

Quote from: Scalextrix on November 01, 2015, 12:14:51 PM

Hello, Im trying to understand with PoST if its pointless to stake intermittently, I ususally run my machine 10 hours a day.

I understand continous staking is rewarded higher, but is intermittent staking worth it from an itnerest perspective?

It really only depends on how much coin you have. If you only make a few SLR a day then the only reason to PoST is just to support the network. The more wallets the better the network. So if you want to actually make it worth while then buy a ton of coin and you will eventually get better rewards but you are up against some huge wallets for sure. But it goes by coin age so once those wallets go through their coin your coin will be the next rewarded. Once you stake it resets the age. So you will eventually average out. The larger the wallet the more attempts they get to stake. So make a big wallet if you want to compete or just support the network if it is worth it to you. This was part of the problem in price vs reward to sustain the network but fortunately there are many who will always be staking 24/7 and many of those don't sell coin either so they leave the door open to boost the price if you decide to buy.

Can you use numbers. What is considered a large amount of slr. So far there is about 33 million in circulation. How much would you need to really compete?

CryptoNick

legendary

Activity: 987

Merit: 1003

Quote from: Scalextrix on November 01, 2015, 12:14:51 PM

Hello, Im trying to understand with PoST if its pointless to stake intermittently, I ususally run my machine 10 hours a day.

I understand continous staking is rewarded higher, but is intermittent staking worth it from an itnerest perspective?

It really only depends on how much coin you have. If you only make a few SLR a day then the only reason to PoST is just to support the network. The more wallets the better the network. So if you want to actually make it worth while then buy a ton of coin and you will eventually get better rewards but you are up against some huge wallets for sure. But it goes by coin age so once those wallets go through their coin your coin will be the next rewarded. Once you stake it resets the age. So you will eventually average out. The larger the wallet the more attempts they get to stake. So make a big wallet if you want to compete or just support the network if it is worth it to you. This was part of the problem in price vs reward to sustain the network but fortunately there are many who will always be staking 24/7 and many of those don't sell coin either so they leave the door open to boost the price if you decide to buy.

Scalextrix

full member

Activity: 185

Merit: 100

Hello, Im trying to understand with PoST if its pointless to stake intermittently, I ususally run my machine 10 hours a day.

I understand continous staking is rewarded higher, but is intermittent staking worth it from an itnerest perspective?

cryptosolar

full member

Activity: 145

Merit: 251

- The Sun -

Hi, i just want to know how this work and what i can do to push this Coin ?

jut check out Cryptopia nice site

https://www.cryptopia.co.nz

you can ad Solarcoin to the Voting list , i will support

https://www.cryptopia.co.nz/Home/Voting#requestform

nickgogerty

sr. member

Activity: 365

Merit: 250

Making things better with better things.

SolarCoin development and marketing team now on slack. https://solarcoin.slack.com let me know if you want invite via PM.

CryptoNick

legendary

Activity: 987

Merit: 1003

vipgelsi

legendary

Activity: 1736

Merit: 1001

Very nice Nick!

Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh) - page 173. (Read 466822 times)