[ANN][UVC] UniversityCoin | UniversityCoin.Org - Pure PoS | 9M coins mined - page 41.

macorcina

sr. member

Activity: 466

Merit: 250

Quote from: Vann on May 04, 2014, 10:28:10 PM

Quote from: macorcina on May 04, 2014, 09:50:15 PM

i recive frst coins 3 day ago:

true   2014-05-02T23:42:11   1.798901
true   2014-05-02T23:35:11   16.287446
true   2014-05-02T22:28:00   19.6187
true   2014-05-02T20:44:19   9.786981
true   2014-05-02T20:09:42   4.464915
true   2014-05-02T18:59:39   4.695019
i open wallet 4 - 7 times a day .
is no paswword for wallet from start.

and is no stake.
> "The higher the coins stake weight, the more likely staking will occur "

i don't undustud, i must have toons of coins for stake ?

>"more likely"

it is random or what ?

PoS blocks are generated in a similar way as PoW blocks but instead of using your hashpower to solve PoW blocks, you are using the coin's stake weight (a combination of coin age and the total number of coins eligible for staking) to solve PoS blocks. Just like solo mining where generally the more hash you have, the quicker you will solve a PoW block and generate the reward, with PoS blocks the higher the coins stake weight compared to others on the network, the quicker those coins will solve a PoS block and generate stake. Depending on your coins stake weight in relation the aggregate stake weight of the network, the time it takes to solve a PoS block can vary. The longer it takes before staking, the higher your stake weight and the more likely it is that staking will occur. The accrued interest is kept track of automatically and you don't lose any by having to wait longer.

Thanks for explanation.
abaut solve POS bloks, it is in wallet or in network ? Hu solve POS bloks, miners ? or wallets ?

macorcina

sr. member

Activity: 466

Merit: 250

Quote from: hakced on May 04, 2014, 10:47:06 PM

Quote from: macorcina on May 04, 2014, 08:52:40 PM

i wod like to see linux wallets, like BTC, LTC, FRANKO, ewen DAMA and murraycoin coin have working LINUX wallet.
Linux Mint or Ubuntu is standard , and best come frst from linux , Universitys like MIT,
90 % of internet work on linux. Dev planing linux wallet ?

I compiled the wallet for 64bit Ubuntu.
https://mega.co.nz/#!185zDAKC!FXLzefpRTqtJ_1jre2xlBF4pmJWxgdCT5-5g6gLZ320

thanks , if it is posible for 32 bit ? all BTC, LTC, FRANKO, even DAMA work on Mint 16 32bit (ubuntu)

hakced

newbie

Activity: 10

Merit: 0

Quote from: macorcina on May 04, 2014, 08:52:40 PM

i wod like to see linux wallets, like BTC, LTC, FRANKO, ewen DAMA and murraycoin coin have working LINUX wallet.
Linux Mint or Ubuntu is standard , and best come frst from linux , Universitys like MIT,
90 % of internet work on linux. Dev planing linux wallet ?

I compiled the wallet for 64bit Ubuntu.
https://mega.co.nz/#!185zDAKC!FXLzefpRTqtJ_1jre2xlBF4pmJWxgdCT5-5g6gLZ320

Vann

hero member

Activity: 1036

Merit: 606

Quote from: macorcina on May 04, 2014, 09:50:15 PM

i recive frst coins 3 day ago:

true   2014-05-02T23:42:11   1.798901
true   2014-05-02T23:35:11   16.287446
true   2014-05-02T22:28:00   19.6187
true   2014-05-02T20:44:19   9.786981
true   2014-05-02T20:09:42   4.464915
true   2014-05-02T18:59:39   4.695019
i open wallet 4 - 7 times a day .
is no paswword for wallet from start.

and is no stake.
> "The higher the coins stake weight, the more likely staking will occur "

i don't undustud, i must have toons of coins for stake ?

>"more likely"

it is random or what ?

PoS blocks are generated in a similar way as PoW blocks but instead of using your hashpower to solve PoW blocks, you are using the coin's stake weight (a combination of coin age and the total number of coins eligible for staking) to solve PoS blocks. Just like solo mining where generally the more hash you have, the quicker you will solve a PoW block and generate the reward, with PoS blocks the higher the coins stake weight compared to others on the network, the quicker those coins will solve a PoS block and generate stake. Depending on your coins stake weight in relation the aggregate stake weight of the network, the time it takes to solve a PoS block can vary. The longer it takes before staking, the higher your stake weight and the more likely it is that staking will occur. The accrued interest is kept track of automatically and you don't lose any by having to wait longer.

macorcina

sr. member

Activity: 466

Merit: 250

Vann
Member wrote:

"You don't have to leave your computer on for 24 hours with the wallet open "

i have all wallets on separate Pc, i do not like this Pc on NEt 24 h.

and finaly must be open 24 h, or not ?

lvyuan95

full member

Activity: 196

Merit: 100

Quote from: macorcina on May 04, 2014, 09:50:15 PM

i recive frst coins 3 day ago:

true   2014-05-02T23:42:11   1.798901
true   2014-05-02T23:35:11   16.287446
true   2014-05-02T22:28:00   19.6187
true   2014-05-02T20:44:19   9.786981
true   2014-05-02T20:09:42   4.464915
true   2014-05-02T18:59:39   4.695019
i open wallet 4 - 7 times a day .
is no paswword for wallet from start.

and is no stake.

you need to keep it open for at least 24 hrs instead of opening it 4-7 times...

macorcina

sr. member

Activity: 466

Merit: 250

i recive frst coins 3 day ago:

true   2014-05-02T23:42:11   1.798901
true   2014-05-02T23:35:11   16.287446
true   2014-05-02T22:28:00   19.6187
true   2014-05-02T20:44:19   9.786981
true   2014-05-02T20:09:42   4.464915
true   2014-05-02T18:59:39   4.695019
i open wallet 4 - 7 times a day .
is no paswword for wallet from start.

and is no stake.
> "The higher the coins stake weight, the more likely staking will occur "

i don't undustud, i must have toons of coins for stake ?

>"more likely"

it is random or what ?

Vann

hero member

Activity: 1036

Merit: 606

Quote from: BitcoinGeekBoy on May 04, 2014, 09:32:17 PM

Quote from: UniversityCoin on May 04, 2014, 09:23:42 PM

Quote from: Vann on May 04, 2014, 09:11:23 PM

Quote from: MisterGreen on May 04, 2014, 08:34:28 PM

Quote from: macorcina on May 04, 2014, 08:26:57 PM

i have coins from 3 day ago, and is no Stake ??
when i download wallet is not locked.
anybody have Stake Huh

Yep, staking works like a charm.

You have to run the wallet all the time and don't close it or shut down your pc, then the stakes will show up. Wink

You don't have to leave your computer on for 24 hours with the wallet open for staking to occur. As long as you have coins in the wallet that meet the minimum stake age of at least 1 day and less than 180 days, the coins will begin staking automatically once you have sufficient stake weight (a combination of number of coins eligible to staked and the number of days since the coins were last staked). You just need to leave the wallet open and unlocked every so often so that staking can occur. The higher the coins stake weight, the more likely staking will occur and the longer the coins take before staking, the more accrued interest you will receive up to the 3.8% yearly amout or 8.5% annually during the bonus period.

Well explained! Thank you Vann

Does the staking work for coins stored at an Exchange Wallet?

Not for any that I know of. Although an exchange could stake the coins if they wanted to, I know MintPal has said they purposely disable staking for all PoS coins if possible and I believe other exchanges do the same. You need to transfer the coins to your own wallet if you want them to stake.

BitcoinGeekBoy

member

Activity: 104

Merit: 10

Quote from: UniversityCoin on May 04, 2014, 09:23:42 PM

Quote from: Vann on May 04, 2014, 09:11:23 PM

Quote from: MisterGreen on May 04, 2014, 08:34:28 PM

Quote from: macorcina on May 04, 2014, 08:26:57 PM

i have coins from 3 day ago, and is no Stake ??
when i download wallet is not locked.
anybody have Stake Huh

Yep, staking works like a charm.

You have to run the wallet all the time and don't close it or shut down your pc, then the stakes will show up. Wink

You don't have to leave your computer on for 24 hours with the wallet open for staking to occur. As long as you have coins in the wallet that meet the minimum stake age of at least 1 day and less than 180 days, the coins will begin staking automatically once you have sufficient stake weight (a combination of number of coins eligible to staked and the number of days since the coins were last staked). You just need to leave the wallet open and unlocked every so often so that staking can occur. The higher the coins stake weight, the more likely staking will occur and the longer the coins take before staking, the more accrued interest you will receive up to the 3.8% yearly amout or 8.5% annually during the bonus period.

Well explained! Thank you Vann

Does the staking work for coins stored at an Exchange Wallet?

UniversityCoin

full member

Activity: 714

Merit: 101

Quote from: Vann on May 04, 2014, 09:11:23 PM

Quote from: MisterGreen on May 04, 2014, 08:34:28 PM

Quote from: macorcina on May 04, 2014, 08:26:57 PM

i have coins from 3 day ago, and is no Stake ??
when i download wallet is not locked.
anybody have Stake Huh

Yep, staking works like a charm.

You have to run the wallet all the time and don't close it or shut down your pc, then the stakes will show up. Wink

You don't have to leave your computer on for 24 hours with the wallet open for staking to occur. As long as you have coins in the wallet that meet the minimum stake age of at least 1 day and less than 180 days, the coins will begin staking automatically once you have sufficient stake weight (a combination of number of coins eligible to staked and the number of days since the coins were last staked). You just need to leave the wallet open and unlocked every so often so that staking can occur. The higher the coins stake weight, the more likely staking will occur and the longer the coins take before staking, the more accrued interest you will receive up to the 3.8% yearly amout or 8.5% annually during the bonus period.

Well explained! Thank you Vann

Vann

hero member

Activity: 1036

Merit: 606

Quote from: MisterGreen on May 04, 2014, 08:34:28 PM

Quote from: macorcina on May 04, 2014, 08:26:57 PM

i have coins from 3 day ago, and is no Stake ??
when i download wallet is not locked.
anybody have Stake Huh

Yep, staking works like a charm.

You have to run the wallet all the time and don't close it or shut down your pc, then the stakes will show up. Wink

You don't have to leave your computer on for 24 hours with the wallet open for staking to occur. You just need to leave the wallet open and unlocked every so often (at least once every 180 days). As long as you have coins in the wallet that meet the minimum stake age of at least 1 day and less than 180 days, the coins will begin staking automatically once you have sufficient stake weight (a combination of number of coins eligible to staked and the number of days since the coins were last staked). The higher the coins stake weight, the more likely staking will occur and the longer the coins take before staking, the more accrued interest you will receive up to the 3.8% yearly amount or 8.5% annually during the bonus period.

jollyriffic

full member

Activity: 126

Merit: 100

Quote from: MisterGreen on May 04, 2014, 08:34:28 PM

Quote from: macorcina on May 04, 2014, 08:26:57 PM

i have coins from 3 day ago, and is no Stake ??
when i download wallet is not locked.
anybody have Stake Huh

Yep, staking works like a charm.

You have to run the wallet all the time and don't close it or shut down your pc, then the stakes will show up. Wink

well i guess that explains why i've not been getting any.
felt left out of the cool club, seeing everyone else talking about getting stakes.

allcrypt

sr. member

Activity: 350

Merit: 250

UniversityCoin has been added to AllCrypt.com! The blockchain is downloading now - if you make a deposit and it doesnt show up, we ikely have not caught up yet.

macorcina

sr. member

Activity: 466

Merit: 250

i wod like to see linux wallets, like BTC, LTC, FRANKO, ewen DAMA and murraycoin coin have working LINUX wallet.
Linux Mint or Ubuntu is standard , and best come frst from linux , Universitys like MIT,
90 % of internet work on linux. Dev planing linux wallet ?

friendly

full member

Activity: 162

Merit: 100

Quote from: nish2011 on May 04, 2014, 05:59:09 PM

I had some time and I made a new logo for the coin

Full Screen

using this icon to make it look a bit more modern, the current logo looks fine aswell, but I thought I would post it.

I like that logo. I have just a small number of coins, but this coin does look promising.

macorcina

sr. member

Activity: 466

Merit: 250

24 hour open wallet ?
i luse stake if is not open 24 hour ?

UniversityCoin

full member

Activity: 714

Merit: 101

Quote from: MisterGreen on May 04, 2014, 08:34:28 PM

Quote from: macorcina on May 04, 2014, 08:26:57 PM

i have coins from 3 day ago, and is no Stake ??
when i download wallet is not locked.
anybody have Stake Huh

Yep, staking works like a charm.

You have to run the wallet all the time and don't close it or shut down your pc, then the stakes will show up. Wink

Thank you for your explanation

You have to keep wallet open for at least 24 hours to get interests.

macorcina

sr. member

Activity: 466

Merit: 250

latest transaction, is i 1 hour ago, and i have evry hour transaction last 3 day, i im minig coin, and i open wallet evry 5 - 7 times a day

MisterGreen

sr. member

Activity: 285

Merit: 250

Quote from: macorcina on May 04, 2014, 08:26:57 PM

i have coins from 3 day ago, and is no Stake ??
when i download wallet is not locked.
anybody have Stake Huh

Yep, staking works like a charm.

You have to run the wallet all the time and don't close it or shut down your pc, then the stakes will show up. Wink

lvyuan95

full member

Activity: 196

Merit: 100

Quote from: macorcina on May 04, 2014, 08:26:57 PM

i have coins from 3 day ago, and is no Stake ??
when i download wallet is not locked.
anybody have Stake Huh

My wallet works fine, when was your latest transaction? and did you open the wallet for 24 hours?

Topic: [ANN][UVC] UniversityCoin | UniversityCoin.Org - Pure PoS | 9M coins mined - page 41. (Read 135374 times)