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Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 161. (Read 679332 times)

legendary
Activity: 1330
Merit: 1000
Blockchain Developer
I sent Pressf1 a PM requesting for an updated post, hopefully he will be able to follow through.

As for me, I am back from my Scandinavian travels and ready to get back in action Smiley  Looks like allejupa has gitian build commited, so I will be familiarizing myself with that and also continuing to work on getting my in wallet block explorer code up and happening. The explorer code is fully functional as is, but I will be adding rescan capabilities to it in the cases of reorgs and orphans, etc. And polishing up the edges.

Glad to be back Smiley
full member
Activity: 141
Merit: 100
   Definitely tough to stake.  But that is actually a good thing for inflation control. 

Definitely doesn't feel like 750%, more like 10%  Cheesy. With the given rise in diff, plus the inflation controls in-place, it has become much harder to stake.
*knocks on wood* so far, this coin has been a very successful experiment. 
Presstab did a fine job by adding nice features to automate most of the tasks involved with block maintenance,
but I believe that those who actively maintain their blocks are rewarded with higher stakes at faster pace.

Inflation control working quite well.  Who was it that was releasing the monthly inflation stats on the various quality high pos coins?. I'm curious what things look like these days.

Based on my spreadsheet I am currently getting about 11%/20 days with block sizes 4-8k.



that was crazyloaf I think

Possibly but I don't have in my head that Crazyloaf contributed anything of use, maybe it was PressF1?  I have been searching the HYP CAP and HBN threads but can't find the posts I am looking for.

However in the HYP thread I did find some interesting posts from Presstab re inflation control that includes a chart that illustrates daily inflation if ceiling hit each day (which I believe is the case these days). 

I also got a kick from the prediction that we would never hit the 960,000K daily ceiling and that the response to increasing staking difficulty would be SMALLER blocks to not hit the 1000cap.   Smiley  Seems the opposite strategy of larger blocks that sacrifice % for time has been the winner...with the same inflation control result.

There is a maximum reward of 1,000 HYP per stake. Difficulty targets 1 block/stake per 90 seconds, this translates to 960 blocks/stake per day.  This difficulty targets it quite well, as of this moment the last 960 blocks is 1.01 days. If there are 960 blocks in one day, this means that if everyone stakes the maximum amount in one day, it will be 960k HYP added per day.  That is what we call "max generation" around here.

It is most likely that we never will hit a full 960k in one day, because everyone will size down there coin blocks so that they won't hit the 1k limit.  As time goes on, the coin supply grows larger, yet the max reward stays the same.  This means that overtime the coin supply grows less % everyday after we approach the max generation.

In the last day we have added about 610k HYP, about 63% of the maximum generation.

So the entire inflation control mechanism is based around time (long term), and a constant (max reward) becoming less and less compared to a variable (coin supply).

If we suppose that everyday from now on that max generation will occur (again this is unlikely, we are only 63% there so far), this is what the schedule of daily inflation rate will look like over the next two years.




It is most likely that we never will hit a full 960k in one day, because everyone will size down there coin blocks so that they won't hit the 1k limit....  

What does this mean?
Should I resize my blocks BEFORE they hit 1000?
Just that people will create block of smaller and smaller size as time goes by. Earlier in the game, you could have blocksize of 4200 with no much risk of hitting the limit. Now, even 3600 hits the limit and 3300 is not safe anymore. Personally, I use 2400 but one day, even 2400 will be too high.
This also means more and more blocks - because there is more coins and also because there is a bigger difficulty, which encourages to create more blocks of smaller size (rather that less blocks of bigger size). The network is even more secure! See my long post about this, inflation control and network security.

this is a 2 month old inflation post from PressF1 focused on HBN/CAP he mentions HYP in the last paragraph.
https://bitcointalksearch.org/topic/m.10020752

January 03, 2015, 10:09:03 AM
Reply with quote  #2872
Inflation update.
Let's take a look at the inflation over the last months of 2014. How does it develop and what can we expect?


"TEK and HYP
These coins are still quite far above the inflation levels of CAP and HBN. Tek is somewhere around 25% and Hyp even higher: over 40%. Eventually they will drop too so I will keep an open eye there as well.

I hope to provide everyone with updates concerning inflation in the coming year!"

legendary
Activity: 1610
Merit: 1000
Crackpot Idealist
and you could do a simple

Code:
ps cax | grep hyperstaked

to make sure the daemon is running
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
i compiled wallet on raspberry pi by followng this http://hyperstake.wikia.com/wiki/How_to_build_for_Raspberry, now whenever i do following or anyother command to retrive info gets error.

pi@raspberrypi ~/cryptos/HyperStake/src $ ./hyperstaked help
error: couldn't connect to server

any advise

Usually this happens during the initial loading of the daemon. Wait a few minutes and try it again.
legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
i compiled wallet on raspberry pi by followng this http://hyperstake.wikia.com/wiki/How_to_build_for_Raspberry, now whenever i do following or anyother command to retrive info gets error.

pi@raspberrypi ~/cryptos/HyperStake/src $ ./hyperstaked help
error: couldn't connect to server

any advise
Most often that means the server isn't running. Make sure you have server=1 and daemon=1 in your HyperStake.conf file.

If that ain't it, I don't know. Anyone else?

I usually put hyperstaked in my /usr/local/bin  file so it's in the path, but that’s just for convenience
legendary
Activity: 1162
Merit: 1000
Decentralizing Jesus on the Blockchain
i compiled wallet on raspberry pi by followng this http://hyperstake.wikia.com/wiki/How_to_build_for_Raspberry, now whenever i do following or anyother command to retrive info gets error.

pi@raspberrypi ~/cryptos/HyperStake/src $ ./hyperstaked help
error: couldn't connect to server

any advise
legendary
Activity: 1123
Merit: 1000
SaluS - (SLS)
A funny and ironic quote from the Snowballs thread today (soon to be changing name to Sucksballs after its 45th fork and hitting 1sat on the exchanges  Wink

Also, HYP is shit and their 'dev' team is even shittier


The irony...  Grin

Indeed, and here is proof https://bitcointalksearch.org/topic/ann-ecash-problemstakeover-with-igotspots-be-warned-997955
full member
Activity: 219
Merit: 100
It's not clear whom you are talking about Smiley
legendary
Activity: 1007
Merit: 1000
A funny and ironic quote from the Snowballs thread today (soon to be changing name to Sucksballs after its 45th fork and hitting 1sat on the exchanges  Wink

Also, HYP is shit and their 'dev' team is even shittier


The irony...  Grin

   That is funny.  They guy has no clue how his own code works, then trys to pass it off as, that's what I was planning.  Had the blockchain stall for 8-9 hours or longer, and just say oh well, it'll come back eventually.  And constantly says he doesn't want to add coin control to his coins, as an inflation hedge, when the fact is he doesn't know how to do it.  All he does it tweak the images, and the stake time/percentage, and declares he's the next great developer...   I have to bite my tongue every time I read that forum...
legendary
Activity: 1007
Merit: 1000
so block of 8k are useless ?

better to have 2k block ?

That is up to you on which way you want to go. Personally I have all my blocks at 15k now so they stake in about 15-19 days max. They always max out at 1k though. You can have smaller blocks but they will not stake quickly but might get you closer to the 1k mark without going over. My bet is on weight and minimal time for staking. Others have a different strategy and that is good since we are here to learn what works best. Hope this helps!

I think your going to find the larger blocks are the winners.  I had several smaller blocks (1-2K) that were over 60 days old.  I finally bit the bullet and combined them.  Now I have a 2.5 and 3K blocks at 54 and 55 days. 

   Out of the 26 blocks I have 12 are > 30 days, and 24 are > 8.8.  The blocks are about 3-5K in size. 
3 months ago I was staking about once a day, maybe every other day.
now it's down to 1-3 times per week. 
   
   So coin inflation for myself, seems under control.  Now we just need a few uses for the coin and we'll be on our way... 

It is a fun coins thou...
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
A funny and ironic quote from the Snowballs thread today (soon to be changing name to Sucksballs after its 45th fork and hitting 1sat on the exchanges  Wink

Also, HYP is shit and their 'dev' team is even shittier


The irony...  Grin
sr. member
Activity: 364
Merit: 250
so block of 8k are useless ?

better to have 2k block ?

That is up to you on which way you want to go. Personally I have all my blocks at 15k now so they stake in about 15-19 days max. They always max out at 1k though. You can have smaller blocks but they will not stake quickly but might get you closer to the 1k mark without going over. My bet is on weight and minimal time for staking. Others have a different strategy and that is good since we are here to learn what works best. Hope this helps!
full member
Activity: 219
Merit: 100
so block of 8k are useless ?

better to have 2k block ?
legendary
Activity: 912
Merit: 1000
A funny and ironic quote from the Snowballs thread today (soon to be changing name to Sucksballs after its 45th fork and hitting 1sat on the exchanges  Wink

Also, HYP is shit and their 'dev' team is even shittier


legendary
Activity: 912
Merit: 1000

Possibly but I don't have in my head that Crazyloaf contributed anything of use, maybe it was PressF1?  I have been searching the HYP CAP and HBN threads but can't find the posts I am looking for.

However in the HYP thread I did find some interesting posts from Presstab re inflation control that includes a chart that illustrates daily inflation if ceiling hit each day (which I believe is the case these days). 

I also got a kick from the prediction that we would never hit the 960,000K daily ceiling and that the response to increasing staking difficulty would be SMALLER blocks to not hit the 1000cap.   Smiley  Seems the opposite strategy of larger blocks that sacrifice % for time has been the winner...with the same inflation control result.


LOL trying to embarrass me while I am out of town Tongue 

I seem to remember it as being pressf1 too, i think he is mostly a bottlecaps guy?? don't remember. Definitely not crazyloaf.

Haha not trying to embarrass you...just interesting to see how things can work out quite differently than planned and still be just fine.  (And now I have 70's motivational poster images in my head...)
legendary
Activity: 1330
Merit: 1000
Blockchain Developer

Possibly but I don't have in my head that Crazyloaf contributed anything of use, maybe it was PressF1?  I have been searching the HYP CAP and HBN threads but can't find the posts I am looking for.

However in the HYP thread I did find some interesting posts from Presstab re inflation control that includes a chart that illustrates daily inflation if ceiling hit each day (which I believe is the case these days). 

I also got a kick from the prediction that we would never hit the 960,000K daily ceiling and that the response to increasing staking difficulty would be SMALLER blocks to not hit the 1000cap.   Smiley  Seems the opposite strategy of larger blocks that sacrifice % for time has been the winner...with the same inflation control result.


LOL trying to embarrass me while I am out of town Tongue 

I seem to remember it as being pressf1 too, i think he is mostly a bottlecaps guy?? don't remember. Definitely not crazyloaf.
legendary
Activity: 912
Merit: 1000
   Definitely tough to stake.  But that is actually a good thing for inflation control. 

Definitely doesn't feel like 750%, more like 10%  Cheesy. With the given rise in diff, plus the inflation controls in-place, it has become much harder to stake.
*knocks on wood* so far, this coin has been a very successful experiment. 
Presstab did a fine job by adding nice features to automate most of the tasks involved with block maintenance,
but I believe that those who actively maintain their blocks are rewarded with higher stakes at faster pace.

Inflation control working quite well.  Who was it that was releasing the monthly inflation stats on the various quality high pos coins?. I'm curious what things look like these days.

Based on my spreadsheet I am currently getting about 11%/20 days with block sizes 4-8k.



that was crazyloaf I think

Possibly but I don't have in my head that Crazyloaf contributed anything of use, maybe it was PressF1?  I have been searching the HYP CAP and HBN threads but can't find the posts I am looking for.

However in the HYP thread I did find some interesting posts from Presstab re inflation control that includes a chart that illustrates daily inflation if ceiling hit each day (which I believe is the case these days). 

I also got a kick from the prediction that we would never hit the 960,000K daily ceiling and that the response to increasing staking difficulty would be SMALLER blocks to not hit the 1000cap.   Smiley  Seems the opposite strategy of larger blocks that sacrifice % for time has been the winner...with the same inflation control result.

There is a maximum reward of 1,000 HYP per stake. Difficulty targets 1 block/stake per 90 seconds, this translates to 960 blocks/stake per day.  This difficulty targets it quite well, as of this moment the last 960 blocks is 1.01 days. If there are 960 blocks in one day, this means that if everyone stakes the maximum amount in one day, it will be 960k HYP added per day.  That is what we call "max generation" around here.

It is most likely that we never will hit a full 960k in one day, because everyone will size down there coin blocks so that they won't hit the 1k limit.  As time goes on, the coin supply grows larger, yet the max reward stays the same.  This means that overtime the coin supply grows less % everyday after we approach the max generation.

In the last day we have added about 610k HYP, about 63% of the maximum generation.

So the entire inflation control mechanism is based around time (long term), and a constant (max reward) becoming less and less compared to a variable (coin supply).

If we suppose that everyday from now on that max generation will occur (again this is unlikely, we are only 63% there so far), this is what the schedule of daily inflation rate will look like over the next two years.




It is most likely that we never will hit a full 960k in one day, because everyone will size down there coin blocks so that they won't hit the 1k limit....  

What does this mean?
Should I resize my blocks BEFORE they hit 1000?
Just that people will create block of smaller and smaller size as time goes by. Earlier in the game, you could have blocksize of 4200 with no much risk of hitting the limit. Now, even 3600 hits the limit and 3300 is not safe anymore. Personally, I use 2400 but one day, even 2400 will be too high.
This also means more and more blocks - because there is more coins and also because there is a bigger difficulty, which encourages to create more blocks of smaller size (rather that less blocks of bigger size). The network is even more secure! See my long post about this, inflation control and network security.
legendary
Activity: 1610
Merit: 1000
Crackpot Idealist
   Definitely tough to stake.  But that is actually a good thing for inflation control. 

Definitely doesn't feel like 750%, more like 10%  Cheesy. With the given rise in diff, plus the inflation controls in-place, it has become much harder to stake.
*knocks on wood* so far, this coin has been a very successful experiment. 
Presstab did a fine job by adding nice features to automate most of the tasks involved with block maintenance,
but I believe that those who actively maintain their blocks are rewarded with higher stakes at faster pace.

Inflation control working quite well.  Who was it that was releasing the monthly inflation stats on the various quality high pos coins?. I'm curious what things look like these days.

Based on my spreadsheet I am currently getting about 11%/20 days with block sizes 4-8k.



that was crazyloaf I think
legendary
Activity: 1023
Merit: 1001
Tokenize Fantasy Sports
  Definitely tough to stake.  But that is actually a good thing for inflation control.  

Definitely doesn't feel like 750%, more like 10%  Cheesy. With the given rise in diff, plus the inflation controls in-place, it has become much harder to stake.
*knocks on wood* so far, this coin has been a very successful experiment.  
Presstab did a fine job by adding nice features to automate most of the tasks involved with block maintenance,
but I believe that those who actively maintain their blocks are rewarded with higher stakes at faster pace.

Inflation control working quite well.  Who was it that was releasing the monthly inflation stats on the various quality high pos coins?. I'm curious what things look like these days.

Based on my spreadsheet I am currently getting about 11%/20 days with block sizes 4-8k.



  Definitely tough to stake.  But that is actually a good thing for inflation control.  

Definitely doesn't feel like 750%, more like 10%  Cheesy. With the given rise in diff, plus the inflation controls in-place, it has become much harder to stake.
*knocks on wood* so far, this coin has been a very successful experiment.  
Presstab did a fine job by adding nice features to automate most of the tasks involved with block maintenance,
but I believe that those who actively maintain their blocks are rewarded with higher stakes at faster pace.

I would like to see this too, would be interesting.  Sounds like a neat idea for a tool, inflation calculator, that pulls the data from the blockchain.
legendary
Activity: 912
Merit: 1000
   Definitely tough to stake.  But that is actually a good thing for inflation control. 

Definitely doesn't feel like 750%, more like 10%  Cheesy. With the given rise in diff, plus the inflation controls in-place, it has become much harder to stake.
*knocks on wood* so far, this coin has been a very successful experiment. 
Presstab did a fine job by adding nice features to automate most of the tasks involved with block maintenance,
but I believe that those who actively maintain their blocks are rewarded with higher stakes at faster pace.

Inflation control working quite well.  Who was it that was releasing the monthly inflation stats on the various quality high pos coins?. I'm curious what things look like these days.

Based on my spreadsheet I am currently getting about 11%/20 days with block sizes 4-8k.

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