[HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 136.

Quote from: iantunc on June 02, 2015, 08:20:58 AM

What is the optimal block size for staking?

That has been the question since the project started. I think the answer remains "it depends". I'm combining to 25K for my next few rounds, and see how it goes. Under 5K takes most of forever to stake, so you have to find the balance between your patience level and expected reward. Lower blocks take longer, but you won't always hit the cap. Bigger blocks hit the cap before you're eligible to stake. I suspect there are as many strategies as there are HYP holders.

Will i be fine with 7.5-10k?
Oh another thing: how do i split blocks in clients that don't have split block feature?

You will be fine with this block sizes, but expect an average staking time of 20-25 days(+-). To split blocks manually select a desired block and send a part of it to yourself (to the initial address or another one in your wallet).

Got it. So if i wanted them to stake more quickly i'd have to use blocks of 20-25k?

Yes, you are right. You can also try 15-20k range to slightly boost the returns in exchange for some time.

@Biomech said it best. It's the time-tested balancing act of patience versus satisfaction.

smaller blocks take longer but yield better returns in the long run (closer to 750% annual or whatever it is now) because you're maximizing the # of coins staking for 1000 HYP

ie: 4000 HYP blocks -> yield 1000 HYP : Ratio 4:1 | Unknown factor: Time (9days min. + ?)

bigger blocks take shorter, yield full rewards (1000 HYP) and still yield good returns in the long run (less close to 750% or whatever)

ie: 10,000 HYP blocks -> yield 1000 HYP : Ratio 10:1 | Unknown factor: Time (9days min. + ?)

For what it's worth: My blocks range from 3-6k. I've been doing this for months automatically using

Code:

setstakesplitthreshold

For the record: My staking wallet is in the top 15 so those sizes work pretty good.

I suppose that the probability distribution is Gaussian, which means that at some point in time a certain block size will cross the line of possibility to stake, and correlation between staking efficiencies is not linear. My blocks are all @ 4k, and I'm getting pretty decent return (~200% annual on average), but I have blocks of more than 110 days old ATM, and some huge drops in stakes in the last days due to the diff that continues to rise. My next selected block size will be 8k. But those who are testing the network always prefer to get their first stakes as faster as they can, and that is where larger sizes come into play.

LiteBit

legendary

Activity: 1133

Merit: 1050

Quote from: AngelLox on June 02, 2015, 08:08:47 AM

Quote from: AngelLox on June 02, 2015, 08:08:47 AM

What is the optimal block size for staking?

That has been the question since the project started. I think the answer remains "it depends". I'm combining to 25K for my next few rounds, and see how it goes. Under 5K takes most of forever to stake, so you have to find the balance between your patience level and expected reward. Lower blocks take longer, but you won't always hit the cap. Bigger blocks hit the cap before you're eligible to stake. I suspect there are as many strategies as there are HYP holders.

Will i be fine with 7.5-10k?
Oh another thing: how do i split blocks in clients that don't have split block feature?

You will be fine with this block sizes, but expect an average staking time of 20-25 days(+-). To split blocks manually select a desired block and send a part of it to yourself (to the initial address or another one in your wallet).

Got it. So if i wanted them to stake more quickly i'd have to use blocks of 20-25k?

Yes, you are right. You can also try 15-20k range to slightly boost the returns in exchange for some time.

@Biomech said it best. It's the time-tested balancing act of patience versus satisfaction.

smaller blocks take longer but yield better returns in the long run (closer to 750% annual or whatever it is now) because you're maximizing the # of coins staking for 1000 HYP

ie: 4000 HYP blocks -> yield 1000 HYP : Ratio 4:1 | Unknown factor: Time (9days min. + ?)

bigger blocks take shorter, yield full rewards (1000 HYP) and still yield good returns in the long run (less close to 750% or whatever)

ie: 10,000 HYP blocks -> yield 1000 HYP : Ratio 10:1 | Unknown factor: Time (9days min. + ?)

For what it's worth: My blocks range from 3-6k. I've been doing this for months automatically using

Code:

setstakesplitthreshold

For the record: My staking wallet is in the top 15 so those sizes work pretty good.

mmfiore

hero member

Activity: 808

Merit: 502

from what I am reading it sounds like blocks sized between 15 to 30 k work the best. I will give it a try. I am new to this coin and so far it has been interesting coin to read about. looking forward to picking up some more Hyp. Is this coin a coin that can be mined, POW?

iantunc

sr. member

Activity: 433

Merit: 250

We are the first to program your future (c)

What is the optimal block size for staking?

That has been the question since the project started. I think the answer remains "it depends". I'm combining to 25K for my next few rounds, and see how it goes. Under 5K takes most of forever to stake, so you have to find the balance between your patience level and expected reward. Lower blocks take longer, but you won't always hit the cap. Bigger blocks hit the cap before you're eligible to stake. I suspect there are as many strategies as there are HYP holders.

Will i be fine with 7.5-10k?
Oh another thing: how do i split blocks in clients that don't have split block feature?

You will be fine with this block sizes, but expect an average staking time of 20-25 days(+-). To split blocks manually select a desired block and send a part of it to yourself (to the initial address or another one in your wallet).

Got it. So if i wanted them to stake more quickly i'd have to use blocks of 20-25k?

Yes, you are right. You can also try 15-20k range to slightly boost the returns in exchange for some time.

AngelLox

sr. member

Activity: 466

Merit: 250

What is the optimal block size for staking?

That has been the question since the project started. I think the answer remains "it depends". I'm combining to 25K for my next few rounds, and see how it goes. Under 5K takes most of forever to stake, so you have to find the balance between your patience level and expected reward. Lower blocks take longer, but you won't always hit the cap. Bigger blocks hit the cap before you're eligible to stake. I suspect there are as many strategies as there are HYP holders.

Will i be fine with 7.5-10k?
Oh another thing: how do i split blocks in clients that don't have split block feature?

You will be fine with this block sizes, but expect an average staking time of 20-25 days(+-). To split blocks manually select a desired block and send a part of it to yourself (to the initial address or another one in your wallet).

Got it. So if i wanted them to stake more quickly i'd have to use blocks of 20-25k?

iantunc

sr. member

Activity: 433

Merit: 250

We are the first to program your future (c)

What is the optimal block size for staking?

That has been the question since the project started. I think the answer remains "it depends". I'm combining to 25K for my next few rounds, and see how it goes. Under 5K takes most of forever to stake, so you have to find the balance between your patience level and expected reward. Lower blocks take longer, but you won't always hit the cap. Bigger blocks hit the cap before you're eligible to stake. I suspect there are as many strategies as there are HYP holders.

Will i be fine with 7.5-10k?
Oh another thing: how do i split blocks in clients that don't have split block feature?

You will be fine with this block sizes, but expect an average staking time of 20-25 days(+-). To split blocks manually select a desired block and send a part of it to yourself (to the initial address or another one in your wallet).

AngelLox

sr. member

Activity: 466

Merit: 250

Quote from: HYPster on June 01, 2015, 05:48:04 PM

What is the optimal block size for staking?

That has been the question since the project started. I think the answer remains "it depends". I'm combining to 25K for my next few rounds, and see how it goes. Under 5K takes most of forever to stake, so you have to find the balance between your patience level and expected reward. Lower blocks take longer, but you won't always hit the cap. Bigger blocks hit the cap before you're eligible to stake. I suspect there are as many strategies as there are HYP holders.

Will i be fine with 7.5-10k?
Oh another thing: how do i split blocks in clients that don't have split block feature?

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

Quote from: Biomech on June 01, 2015, 10:29:58 AM

Quote from: MrZ28s on June 01, 2015, 09:01:50 AM

Indeed! Every single file except wallet.dat

.lock, addr.dat, the db text document, the debug document, the blk0001.dat file that was in there, and the blkindex.dat file. All gone.

The client re-made all the missing files and went to town. Cheesy

I'm not one hundred percent on this with HYP, but for most satoshi based clients, you can force the issue. Start your daemon or QT with -bootstrap (eg /usr/local/bin/hyperstake-qt -bootstrap)

Most of them look for it anyway. And yes, always delete everything but the configuration file, bootstrap.dat, and (optionally) the wallet. I frequently do it with no wallet, and then copy my old wallet in when it's done. That way if something does go wrong, you only lose time.

Force the issue like Bruce Jenner?

Maybe not that much force Cheesy

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.