[HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 196.

rocoro

legendary

Activity: 938

Merit: 1000

Quote from: Biomech on December 28, 2014, 11:53:39 PM

Quote from: rocoro on December 28, 2014, 10:49:53 PM

Quote from: HunterS on December 28, 2014, 10:40:39 PM

my staking has slowed alot.might see price rise slowly now Cheesy

i am currently using 6 to 7 k blocks.going to make 10 k blocks i think once they stake

That is something I don't understand, if all of our staking is slowing down..
how is it that we still will be getting 750% ?

Somehow the math doesn't seem right, difficulty seems to have not been factored in?

Actually it has. I think the wiki addresses this, and we've discussed it in depth, height and breadth here and in IRC Cheesy

The conclusion is that the inflation control works, but we ain't sure how it's gonna roll in the future. The max subsidy makes it so that eventually, you'll either be waiting a long time to stake smaller blocks or sacrifice some of the gained interest for speed.

That's the short form. The long form is still being discussed/debated/derided...

Well numbers don't lie, and there are only so many days in a year.
So I guess we'll see...

ryanb

legendary

Activity: 1148

Merit: 1000

Quote from: dennislevy on December 29, 2014, 02:07:46 AM

Quote from: Hilux74 on November 21, 2014, 12:29:39 PM

Quote from: vegasguy on November 21, 2014, 12:09:34 PM

@Presstab now might be a good time to ask Richie to list us on Bittrex. Worst he can say is no.

Vegas

There is only on average 4-10BTC volume on Polo. Hardly any on Cryptsy. Nothing good will happen getting on another exchange it just thins the volume. Spread the volume around too thin and the life goes away.

Got That Right! HYP starting moving down in value after it got listed on Cryptsy.

Peace!
Dennis

If you want a coin to be doomed list it on Craptsy

dennislevy

sr. member

Activity: 300

Merit: 250

Quote from: Hilux74 on November 21, 2014, 12:29:39 PM

Quote from: vegasguy on November 21, 2014, 12:09:34 PM

@Presstab now might be a good time to ask Richie to list us on Bittrex. Worst he can say is no.

Vegas

There is only on average 4-10BTC volume on Polo. Hardly any on Cryptsy. Nothing good will happen getting on another exchange it just thins the volume. Spread the volume around too thin and the life goes away.

Got That Right! HYP starting moving down in value after it got listed on Cryptsy.

Peace!
Dennis

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

Quote from: rocoro on December 28, 2014, 10:49:53 PM

Quote from: HunterS on December 28, 2014, 10:40:39 PM

my staking has slowed alot.might see price rise slowly now Cheesy

i am currently using 6 to 7 k blocks.going to make 10 k blocks i think once they stake

That is something I don't understand, if all of our staking is slowing down..
how is it that we still will be getting 750% ?

Somehow the math doesn't seem right, difficulty seems to have not been factored in?

Actually it has. I think the wiki addresses this, and we've discussed it in depth, height and breadth here and in IRC Cheesy

The conclusion is that the inflation control works, but we ain't sure how it's gonna roll in the future. The max subsidy makes it so that eventually, you'll either be waiting a long time to stake smaller blocks or sacrifice some of the gained interest for speed.

That's the short form. The long form is still being discussed/debated/derided...

rocoro

legendary

Activity: 938

Merit: 1000

Quote from: HunterS on December 28, 2014, 10:40:39 PM

my staking has slowed alot.might see price rise slowly now Cheesy

i am currently using 6 to 7 k blocks.going to make 10 k blocks i think once they stake

That is something I don't understand, if all of our staking is slowing down..
how is it that we still will be getting 750% ?

Somehow the math doesn't seem right, difficulty seems to have not been factored in?

HunterS

hero member

Activity: 644

Merit: 500

my staking has slowed alot.might see price rise slowly now Cheesy

i am currently using 6 to 7 k blocks.going to make 10 k blocks i think once they stake

mtwelve

legendary

Activity: 1330

Merit: 1009

Difficulty hitting double digits, new meta is 6k blocks?

YoungJesus

newbie

Activity: 8

Merit: 0

Quote from: presstab on December 28, 2014, 12:36:12 PM

Quote from: YoungJesus on December 27, 2014, 10:41:37 PM

How do i upgrade my wallet? I've got version 1.0.7.1 and i'm not sure how to install the new one

Download the new .exe from the OP, then simply start HyperStake with the new exe and everything should be ready to go.

Thanks Presstab, i didn't think it would be that easy to install.

In regards to new features etc how close to completing something new are you?

presstab

legendary

Activity: 1330

Merit: 1000

Blockchain Developer

Quote from: YoungJesus on December 27, 2014, 10:41:37 PM

How do i upgrade my wallet? I've got version 1.0.7.1 and i'm not sure how to install the new one

Download the new .exe from the OP, then simply start HyperStake with the new exe and everything should be ready to go.

YoungJesus

newbie

Activity: 8

Merit: 0

How do i upgrade my wallet? I've got version 1.0.7.1 and i'm not sure how to install the new one

kingpin69

member

Activity: 100

Merit: 10

Quote from: LuckyAlt on December 27, 2014, 04:04:53 PM

HyperStake Dice with Investment option has been added. https://luckyalt.com/hyperstake

Here are the details on how the investment option works. If you need more info feel free to hop in our chat on site and ask away, their are always a couple mods online to help.

Quote

When you invest you are helping fulfill the bankroll of the site.
Based on the % of bankroll that you fulfill you will be paid on all site earnings.
Your cut of the site earning is 90%.
Which means you will split 90% of all earnings between all the investors and yourself.
The amount you receive out of that 90% is based on the % of bankroll that you are fulfilling.
The more you invest the higher your % of the bankroll that you fill.

You can see what % of the bankroll you are fulfilling on the 'Invest' tab.
It is displayed as 'You are supplying 20%' or whatever % you are supplying.

If you have nothing invested it will display as you are supplying 0%.

Although we have a 2% house edge, and in the long run will earn a profit of 2% of the wagered amount, in the short to medium term we can still lose money. In times when we are lucky, we win many bets and earn a larger-than-expected profit, and in unlucky times we earn less than expected, and can even lose out. This is especially so if someone comes in and makes a large number of massive bets; we can either gain a lot or lose a lot. If you believe that the potential gains do not outweigh the potential losses, please do not invest.

I also setup another block explorer that is a little cleaner. It is indexing right now so give it a good hour before the Rich List is live. http://blocks.luckyalt.com:3006

nice work on adding HYP to the dice site. Been trying it out and invested 10k, sitting at profit = -14 just now, lets hope that gets to a plus soon lol.

presstab

legendary

Activity: 1330

Merit: 1000

Blockchain Developer

Quote from: LuckyAlt on December 27, 2014, 04:04:53 PM

HyperStake Dice with Investment option has been added. https://luckyalt.com/hyperstake

Here are the details on how the investment option works. If you need more info feel free to hop in our chat on site and ask away, their are always a couple mods online to help.

Quote

When you invest you are helping fulfill the bankroll of the site.
Based on the % of bankroll that you fulfill you will be paid on all site earnings.
Your cut of the site earning is 90%.
Which means you will split 90% of all earnings between all the investors and yourself.
The amount you receive out of that 90% is based on the % of bankroll that you are fulfilling.
The more you invest the higher your % of the bankroll that you fill.

You can see what % of the bankroll you are fulfilling on the 'Invest' tab.
It is displayed as 'You are supplying 20%' or whatever % you are supplying.

If you have nothing invested it will display as you are supplying 0%.

Although we have a 2% house edge, and in the long run will earn a profit of 2% of the wagered amount, in the short to medium term we can still lose money. In times when we are lucky, we win many bets and earn a larger-than-expected profit, and in unlucky times we earn less than expected, and can even lose out. This is especially so if someone comes in and makes a large number of massive bets; we can either gain a lot or lose a lot. If you believe that the potential gains do not outweigh the potential losses, please do not invest.

I also setup another block explorer that is a little cleaner. It is indexing right now so give it a good hour before the Rich List is live. http://blocks.luckyalt.com:3006

This is really cool! Deposit got through quickly, and having block explorers is a cool addition. Good work and thanks for adding HYP

LuckyAlt

member

Activity: 126

Merit: 10

HyperStake Dice with Investment option has been added. https://luckyalt.com/hyperstake

Here are the details on how the investment option works. If you need more info feel free to hop in our chat on site and ask away, their are always a couple mods online to help.

Quote

When you invest you are helping fulfill the bankroll of the site.
Based on the % of bankroll that you fulfill you will be paid on all site earnings.
Your cut of the site earning is 90%.
Which means you will split 90% of all earnings between all the investors and yourself.
The amount you receive out of that 90% is based on the % of bankroll that you are fulfilling.
The more you invest the higher your % of the bankroll that you fill.

You can see what % of the bankroll you are fulfilling on the 'Invest' tab.
It is displayed as 'You are supplying 20%' or whatever % you are supplying.

If you have nothing invested it will display as you are supplying 0%.

Although we have a 2% house edge, and in the long run will earn a profit of 2% of the wagered amount, in the short to medium term we can still lose money. In times when we are lucky, we win many bets and earn a larger-than-expected profit, and in unlucky times we earn less than expected, and can even lose out. This is especially so if someone comes in and makes a large number of massive bets; we can either gain a lot or lose a lot. If you believe that the potential gains do not outweigh the potential losses, please do not invest.

I also setup another block explorer that is a little cleaner. It is indexing right now so give it a good hour before the Rich List is live. http://blocks.luckyalt.com:3006

iantunc

sr. member

Activity: 433

Merit: 250

We are the first to program your future (c)

Quote from: David Latapie on December 27, 2014, 11:11:50 AM

Quote from: iantunc on December 25, 2014, 05:12:58 PM

Quote from: nioc on December 25, 2014, 07:54:40 AM

Quote from: David Latapie on December 25, 2014, 01:54:34 AM

- The actual chances of winning depends on the number of tickets. The more tickets, the less chances of winning so the less new HYP you'll get, which is how HYP controls inflation

When I first read the bolded I took it to mean the number of tickets a person has since that is the perspective of the other points. Obviously this can't be correct and being that I am familiar with HYP I know this and was only confused for a short time. May I suggest you clarify the point and say something like "The actual chances of winning depends on the total number of tickets everybody has.".

Yes, the last point should be slightly elaborated. Your personal daily chances of winning depend on the proportion of the total number of your tickets to the total number of all active tickets, i.e. blocks in all wallets that are actively staking. If you have a fixed number of tickets, and the total number of all active tickets rises, your chances decrease. If the total number of all active tickets remains fixed, but you have got more tickets, your chances go up (you'll get a bigger number of wins respectively). It's also important to emphasize that this lottery guarantees you a win (up to 1000 HYP) sooner or later, if you have an appropriate (for a given moment) block size.

I changed for this:

Quote

- Your actual chances of winning depends on the ratio of tickets you have compared to the total number of tickets everybody has. If you keep staking and bon't buy or sell, you "run for standing still", that is your chances are always the same. But if you stop staking or sell, you have less chance to get win, because the coin production continues whilst you have relatively less tickets. On the opposite side, if you buy, you increase your chance of winning, since you increase your ratio.

Better? Notice I removed the inflation control part, I did not know how to place it.

Yes, a detailed explanation in a newbie-readable form) Just few little corrections (in bold):

Your actual chances of winning depends on the ratio of tickets you have compared to the total number of tickets everybody has. If you keep staking and don't buy or sell, you "run for standing still", that is your chances are always the same (slowly increasing in time). But if you stop staking or start to sell more than recommended percent of your stakes, you have less and less chance to get win (that is how the inflation control works), because the coin production continues whilst you have relatively less tickets. On the opposite side, if you buy, you increase your chance of winning, since you increase your ratio.

I think this explanation is enough, because the inflation control is the next level of knowledge, and it either needs some separate attention or is already covered in our wiki.

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: iantunc on December 25, 2014, 05:12:58 PM

Quote from: nioc on December 25, 2014, 07:54:40 AM

Quote from: David Latapie on December 25, 2014, 01:54:34 AM

- The actual chances of winning depends on the number of tickets. The more tickets, the less chances of winning so the less new HYP you'll get, which is how HYP controls inflation

When I first read the bolded I took it to mean the number of tickets a person has since that is the perspective of the other points. Obviously this can't be correct and being that I am familiar with HYP I know this and was only confused for a short time. May I suggest you clarify the point and say something like "The actual chances of winning depends on the total number of tickets everybody has.".

Yes, the last point should be slightly elaborated. Your personal daily chances of winning depend on the proportion of the total number of your tickets to the total number of all active tickets, i.e. blocks in all wallets that are actively staking. If you have a fixed number of tickets, and the total number of all active tickets rises, your chances decrease. If the total number of all active tickets remains fixed, but you have got more tickets, your chances go up (you'll get a bigger number of wins respectively). It's also important to emphasize that this lottery guarantees you a win (up to 1000 HYP) sooner or later, if you have an appropriate (for a given moment) block size.

I changed for this:

Quote

- Your actual chances of winning depends on the ratio of tickets you have compared to the total number of tickets everybody has. If you keep staking and bon't buy or sell, you "run for standing still", that is your chances are always the same. But if you stop staking or sell, you have less chance to get win, because the coin production continues whilst you have relatively less tickets. On the opposite side, if you buy, you increase your chance of winning, since you increase your ratio.

Better? Notice I removed the inflation control part, I did not know how to place it.

rocoro

legendary

Activity: 938

Merit: 1000

Quote from: presstab on December 25, 2014, 08:04:10 PM

Quote from: rocoro on December 25, 2014, 10:31:21 AM

Compiled Version 1.0.7.3 from git on Ubuntu trusty

When unlocking for staking, the minting notification icon / animation shows up at the bottom but then disappears.

When I hover in the space where its supposed to be, it still tells me that its minting, shows my current weight etc..

So, I'm assuming it still is staking.. but the icon just disappears?

Also fyi, I didn't see this problem in 1.0.7.2

This is most likely due to the animated icons, which I don't believe are correctly ported over to QT 5+ yet.

Thanks, I figured it must be something like that
Everything else seems to be working fine

presstab

legendary

Activity: 1330

Merit: 1000

Blockchain Developer

Quote from: rocoro on December 25, 2014, 10:31:21 AM

Compiled Version 1.0.7.3 from git on Ubuntu trusty

When unlocking for staking, the minting notification icon / animation shows up at the bottom but then disappears.

When I hover in the space where its supposed to be, it still tells me that its minting, shows my current weight etc..

So, I'm assuming it still is staking.. but the icon just disappears?

Also fyi, I didn't see this problem in 1.0.7.2

This is most likely due to the animated icons, which I don't believe are correctly ported over to QT 5+ yet.

iantunc

sr. member

Activity: 433

Merit: 250

We are the first to program your future (c)

Quote from: nioc on December 25, 2014, 07:54:40 AM

Quote from: David Latapie on December 25, 2014, 01:54:34 AM

Quote from: iantunc on December 23, 2014, 04:06:48 AM

Quote from: ?? on ??

hi guys
i read and found that hyperstake only pay 1000hyp max stake bounty so if i purchase a coin from someone and put it on stake but he has already got 1000hyp on that coin so will i get bounty again or not on that particular coin??
if i get bounty again than inflation is not controlled i think and if i am not getting bounty on my coin than i guess its not fair!!
hoping to hear from you soon!

You'll get up to 1000 HYP from your coins again and again. Inflation is controlled because there are thousands of people like you willing to get the reward, but only ~1000 winning chances per day, it's like a lottery where more lucky holders (with bigger block sizes) win. So this coin has steady emission of 700 000-900 000 HYP per day, just not to be unfair)

I like the analogy, I think it will help newcomer understand better how HYP works (and thus, make the more interested into it and thus increase the visibility and hopefully the volume). So let me improve on your already nice writing:

See HYP staking as a lottery with 960 winning chances per day (one every 90 seconds). With this particular rules
- Each of your "tickets" (blocks) have one chance to win every 90 seconds
- If it wins, it cannot win again for 9 days
- If it wins, you get up to 1000 more HYP
- If it loses, it increases its chances to win the next time
- The more "expensive" the ticket (the bigger the block), the more chances to win
- The actual chances of winning depends on the number of tickets. The more tickets, the less chances of winning so the less new HYP you'll get, which is how HYP controls inflation

This presentation voluntarily avoids any details about chances of winning, and amount of HYP rewarded. If someone wants to know this, this person is already hooked. It also avoids any explanation on how it secures the network (this is here: Network security and why it matters).

Please mention any oversight;

When I first read the bolded I took it to mean the number of tickets a person has since that is the perspective of the other points. Obviously this can't be correct and being that I am familiar with HYP I know this and was only confused for a short time. May I suggest you clarify the point and say something like "The actual chances of winning depends on the total number of tickets everybody has.".

Yes, the last point should be slightly elaborated. Your personal daily chances of winning depend on the proportion of the total number of your tickets to the total number of all active tickets, i.e. blocks in all wallets that are actively staking. If you have a fixed number of tickets, and the total number of all active tickets rises, your chances decrease. If the total number of all active tickets remains fixed, but you have got more tickets, your chances go up (you'll get a bigger number of wins respectively). It's also important to emphasize that this lottery guarantees you a win (up to 1000 HYP) sooner or later, if you have an appropriate (for a given moment) block size.

rocoro

legendary

Activity: 938

Merit: 1000

Compiled Version 1.0.7.3 from git on Ubuntu trusty

When unlocking for staking, the minting notification icon / animation shows up at the bottom but then disappears.

When I hover in the space where its supposed to be, it still tells me that its minting, shows my current weight etc..

So, I'm assuming it still is staking.. but the icon just disappears?

Also fyi, I didn't see this problem in 1.0.7.2

kawa900jc

hero member

Activity: 722

Merit: 500

StakeChain Community leader

Quote from: David Latapie on December 25, 2014, 01:54:34 AM

See HYP staking as a lottery with 960 winning chances per day (one every 90 seconds). With this particular rules
- Each of your "tickets" (blocks) have one chance to win every 90 seconds
- If it wins, it cannot win again for 9 days
- If it wins, you get up to 1000 more HYP
- If it loses, it increases its chances to win the next time
- The more "expensive" the ticket (the bigger the block), the more chances to win
- The actual chances of winning depends on the number of tickets. The more tickets, the less chances of winning so the less new HYP you'll get, which is how HYP controls inflation

Nice metaphor of HyerStake a lottery ticket

Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 196. (Read 679332 times)