Since Im quite not familiar with the PoS and how the staking works, I feel its time to post some noob questions here and hoping to get answers and clear this up:
What means "spendable" and "stake" amount in the wallet? I have two different numbers there and when I add it sums up to the total amount I have. I would suppose stake and spendable should be the same, to get the full amount staking. I transferred coins yesterday, maybe I have to wait for some time period...
In the status field of staking I get: Staking: Your weight is xx, network weight is yy.
How does the wallet account to these numbers and what is the unit? E.g. network weight right now is 66290, does this mean there are total 66290 BTCD staking? Suppose not...
Hi Starfleet, (I feel like one of the Maquis saying that,
)
'Spendable' amount refers to the coins you have available in your wallet to use or to send. If some coins are 'staking'(earning you interest) you are unable to touch them until they have finished staking. The staking coins are taken from your spendable total temporarily and become inaccessible during this phase.
Below is a basic explanation for 'weight' and network 'weight' (this info comes from Wikipedia). I hope it helps.
The weight of every address starts at 0. When an address provides a signature, its weight increases so that after several signatures, the weight approaches the number of coins in the address as of the last signature block. For example,
New weight = 0.9 * Old weight + 0.1 * Balance
If a signature is not provided by the address in a signature block, its weight decreases:
New weight = 0.9 * Old weight
This way, addresses whose owners do not wish to participate in signing do not hamper the ability to reach a majority.
If an address signs two conflicting blocks, its weight is reset to 0. This is to limit the power of malicious stakeholders.
If coins move to a new address, weight is proportionally taken away from the address, but is not transferred to the new address. The new stakeholder will have to build up his weight.
If anyone can explain it better, please do. Its always good to make these explanations as clear as possible and easy to follow.
Torrn
This cleared it up and I think I got it how it works. Everytime I generate BTCD my "stake" increases and the "spendable" ammount decreases for some time to weaken the generation process. After some blocks its back to normal... Basic but difficult for someone like me to understand the whole process behind the math