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Topic: Bottlecaps 2.1 UPDATE REQUIRED - HARDFORK JULY 4 2014 to 200% Annual PoS - page 92. (Read 388610 times)

full member
Activity: 238
Merit: 100
Sorry I'm late but I can throw in 0.05 if needed to cover the remaining

That would be helpful. Dreamwatcher said we just need about .39, as he was giving us a special discount, so that would put us right there.
Sure thing, sent!
legendary
Activity: 1540
Merit: 1060
May the force bit with you.
Sorry I'm late but I can throw in 0.05 if needed to cover the remaining

That would be helpful. Dreamwatcher said we just need about .39, as he was giving us a special discount, so that would put us right there.
full member
Activity: 238
Merit: 100
Sorry I'm late but I can throw in 0.05 if needed to cover the remaining
legendary
Activity: 1540
Merit: 1060
May the force bit with you.
I put my 0.1 in.

Awesome! I think we are pretty much there, maybe a few mBits short, I'll speak with Dreamwatcher.

Thank you all...

full member
Activity: 152
Merit: 100
full member
Activity: 178
Merit: 100
Got another .05 for the CCE for CAP not sure by whom? So just about there for 1 years hosting of the explorer.
Welcome.

Hope we reach the goal.
legendary
Activity: 1540
Merit: 1060
May the force bit with you.
Got another .05 for the CCE for CAP not sure by whom? So just about there for 1 years hosting of the explorer.

Howdy all!

Dreamwatcher has informed me that the CCE for CAPs will be expiring on September 1st.  We need to raise approx .55 BTC to get another year of hosting.

I am willing to put in .1 myself.  So I would need the community to help with the additional .45.

As a bonus if we can raise that much by the deadline I will also compile a new Windows wallet with the new splash screen from digitalindustry  and the Autosavings gui feature courtesy of PressTab.

Please donate here:
URI: bitcoin:12sGhbD69HCRXgGp8a26C67Qbez5XZQaqo?label=CCE%20for%20CAP
12sGhbD69HCRXgGp8a26C67Qbez5XZQaqo

All BTC will be returned if we do not get enough.

Thanks!
member
Activity: 97
Merit: 10
Hello,
Could someone please explain to me about the 200% yearly degrading stake, does this mean that the stake will be reduced every so often? How often and how much will it be reduced?
Thanks in advance!

Ps. I think you should post the details on the first page so people understand!

The stake percentage starts degrading when more and more people are staking and is not programmed to decrease on fixed moments in time. This is how it works as far as I understand it now:

The blockchain is programmed to maintain a block time of 1 minute. When a lot of people are staking at the same time, the block time can get under 1 minute and so the stake difficulty is adjusted upwards to make it harder to stake thus getting the block time back to 1 minute.
Since the stake percentage is linked to the stake difficulty, the stake percentage can vary. It doesn't drop fast though.
Check your wallet to see this mechanism at work: click on the arrow-up symbol in the down-right corner and you see what the current PoS diff is and also the PoS percentage. If you check it regularly you'll see it varies a little.

It's too bad there is no website for CAP like HBN has. Maybe we'll have it in the future. Would be a good idea!

Thank you PressF1 that was a perfect answer, i now fully understand and will be buying some soon. You should copy that and paste it on the 1st page of this thread.
full member
Activity: 216
Merit: 100
Hello,
Could someone please explain to me about the 200% yearly degrading stake, does this mean that the stake will be reduced every so often? How often and how much will it be reduced?
Thanks in advance!

Ps. I think you should post the details on the first page so people understand!

The stake percentage starts degrading when more and more people are staking and is not programmed to decrease on fixed moments in time. This is how it works as far as I understand it now:

The blockchain is programmed to maintain a block time of 1 minute. When a lot of people are staking at the same time, the block time can get under 1 minute and so the stake difficulty is adjusted upwards to make it harder to stake thus getting the block time back to 1 minute.
Since the stake percentage is linked to the stake difficulty, the stake percentage can vary. It doesn't drop fast though.
Check your wallet to see this mechanism at work: click on the arrow-up symbol in the down-right corner and you see what the current PoS diff is and also the PoS percentage. If you check it regularly you'll see it varies a little.

It's too bad there is no website for CAP like HBN has. Maybe we'll have it in the future. Would be a good idea!
member
Activity: 97
Merit: 10
Hello,
Could someone please explain to me about the 200% yearly degrading stake, does this mean that the stake will be reduced every so often? How often and how much will it be reduced?
Thanks in advance!

Ps. I think you should post the details on the first page so people understand!
legendary
Activity: 1540
Merit: 1060
May the force bit with you.
Howdy all!

Dreamwatcher has informed me that the CCE for CAPs will be expiring on September 1st.  We need to raise approx .55 BTC to get another year of hosting.

I am willing to put in .1 myself.  So I would need the community to help with the additional .45.

As a bonus if we can raise that much by the deadline I will also compile a new Windows wallet with the new splash screen from digitalindustry  and the Autosavings gui feature courtesy of PressTab.

Please donate here:
URI: bitcoin:12sGhbD69HCRXgGp8a26C67Qbez5XZQaqo?label=CCE%20for%20CAP
12sGhbD69HCRXgGp8a26C67Qbez5XZQaqo

All BTC will be returned if we do not get enough.

Thanks!

Glad to help out with 0.1 btc too



Thank you very much!

So we are at .2, we need just a bit more.
full member
Activity: 216
Merit: 100
Howdy all!

Dreamwatcher has informed me that the CCE for CAPs will be expiring on September 1st.  We need to raise approx .55 BTC to get another year of hosting.

I am willing to put in .1 myself.  So I would need the community to help with the additional .45.

As a bonus if we can raise that much by the deadline I will also compile a new Windows wallet with the new splash screen from digitalindustry  and the Autosavings gui feature courtesy of PressTab.

Please donate here:
URI: bitcoin:12sGhbD69HCRXgGp8a26C67Qbez5XZQaqo?label=CCE%20for%20CAP
12sGhbD69HCRXgGp8a26C67Qbez5XZQaqo

All BTC will be returned if we do not get enough.

Thanks!

Glad to help out with 0.1 btc too

legendary
Activity: 1540
Merit: 1060
May the force bit with you.
Howdy all!

Dreamwatcher has informed me that the CCE for CAPs will be expiring on September 1st.  We need to raise approx .55 BTC to get another year of hosting.

I am willing to put in .1 myself.  So I would need the community to help with the additional .45.

As a bonus if we can raise that much by the deadline I will also compile a new Windows wallet with the new splash screen from digitalindustry  and the Autosavings gui feature courtesy of PressTab.

Please donate here:
URI: bitcoin:12sGhbD69HCRXgGp8a26C67Qbez5XZQaqo?label=CCE%20for%20CAP
12sGhbD69HCRXgGp8a26C67Qbez5XZQaqo

All BTC will be returned if we do not get enough.

Thanks!
legendary
Activity: 1064
Merit: 1000
The Bottlecaps explorer at cap.cryptocoinexplorer.com has been updated to the latest build of CCE 3.5

Changes:

The top 100 balance list has been replaced with the "rich" page. The new rich page displays the top 1000 balances and has an owners field. The owners field is a future update that will allow people to claim an address by verifying ownership with a signed message.

The coin information page now includes the genesis block time-stamp message.

A navigation button has been added to the main CCE home page.

Awesome! And nice as well now HBN and CAP are some sort of united on CCE. I noticed little differences in the top addresses compared to http://cap.blockx.info/richlist/ btw.

Any Idea what that could be? Not important but strange though.  

I could not tell you for a couple of reasons:

Their rich list balances are rounded and I do not know how they are rounding.

Their address ledger is not working, in fact most of the site is not operational. (block details, address details, transaction details, searching anything) .
full member
Activity: 216
Merit: 100
The Bottlecaps explorer at cap.cryptocoinexplorer.com has been updated to the latest build of CCE 3.5

Changes:

The top 100 balance list has been replaced with the "rich" page. The new rich page displays the top 1000 balances and has an owners field. The owners field is a future update that will allow people to claim an address by verifying ownership with a signed message.

The coin information page now includes the genesis block time-stamp message.

A navigation button has been added to the main CCE home page.

Awesome! And nice as well now HBN and CAP are some sort of united on CCE. I noticed little differences in the top addresses compared to http://cap.blockx.info/richlist/ btw.

Any Idea what that could be? Not important but strange though. 
legendary
Activity: 1064
Merit: 1000
The Bottlecaps explorer at cap.cryptocoinexplorer.com has been updated to the latest build of CCE 3.5

Changes:

The top 100 balance list has been replaced with the "rich" page. The new rich page displays the top 1000 balances and has an owners field. The owners field is a future update that will allow people to claim an address by verifying ownership with a signed message.

The coin information page now includes the genesis block time-stamp message.

A navigation button has been added to the main CCE home page.
full member
Activity: 152
Merit: 100
If max reward is 1000 should I split my balance to 12.000 CAP blocks ((12000*200%)/24=1000) to get max possible PoS reward?

Best thing to do is consider max stake age of 45 days.  My formula would then be:

1000 = X * (2/365*45) --> 1000/(2/365*45) = X --> X = 4055.556

You could also change your stake target to be 15 days (the min stake time) but you are more likely to run into the max subsidy because it hardly ever stakes at that time.


Blocks of 5k that were in wallet before 7/4 fork Staked at about 820'ish CAP each after the full 30days. This stake round I tried a larger block size - 12180. Those larger blocks hit 15 days from the 16th-18th. After that I'll likely let them sit split into 6590 CAP blocks until the next stake or I may even re-dist one every day like someone suggested in a prior post so I'm not staking on the same rotation as many others here.
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
they would both start staking at the same time but the 1,000,000 block would, with very high probability, stake first as the bigger the block the faster it gains stake weight.

An example with more real world numbers, I have some cap blocks of less than 5 caps...these can take days of staking before they ever stake, whereas blocks of say 5000 caps tend to stake within a few hours of becoming able.

ok thank you - but the 1000 max cap would cut the theoretical 1 million block off at a max of 1000 cap return, thus the effective policy of distribution incentive right?

its seems like a good policy.

thanks for the information.
full member
Activity: 238
Merit: 100
Hey guys,

I was thinking of getting a few of us that have a decent stake in CAP together and scope'ing out what services and developments we might want to see for Bottlecaps. It would just be pretty casual for now, maybe some exchanges of idea's, plans for implementation and things like this. We could see what we liked and maybe even start on implementing  some of them.

So yeah, anyone that a decent stake in CAP (so we know we know we all share the same plans)  and interested in sharing some ideas send me a pm and I can organise a time for community members to get together online. If things go well we could organise a Caps community development club or something of the like. Anyway, I'll leave the idea out there for a bit and let me know what you think.
legendary
Activity: 912
Merit: 1000
they would both start staking at the same time but the 1,000,000 block would, with very high probability, stake first as the bigger the block the faster it gains stake weight.

An example with more real world numbers, I have some cap blocks of less than 5 caps...these can take days of staking before they ever stake, whereas blocks of say 5000 caps tend to stake within a few hours of becoming able.
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