Author

Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 197. (Read 679335 times)

legendary
Activity: 1624
Merit: 1008
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.".
hero member
Activity: 658
Merit: 503
Monero Core Team
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
- 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.

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;
legendary
Activity: 1033
Merit: 1005
Deleted that post, no referral spam here please.

May still be something good to comment on in the OP... just as a warning...

With that said, I sent 3k HYP there... if it spits out 6k then I'll be pleasantly surprised... if it doesn't I didn't lose that much and can recover it very quickly.
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
Deleted that post, no referral spam here please.
sr. member
Activity: 1036
Merit: 275
Dear Presstab, do you have a hammer handy?  I have a block with an age of 28 days that maxed out at 1000 HYP 12 days ago.  I have no older blocks and 19 blocks that are younger and small have minted, most in ~half the time.  Thank you.

With difficulty going up quickly, you are going to have to start rethinking how you size your blocks. Either size them larger so that the stake quicker at the expense of hitting the max, or size them smaller so that they don't hit the max at the expense of more time.

PS - my oldest is 78 days  Cheesy
How is that possible if max coin age is 30 days ?
Do you have a "special" wallet for yourself ?  Grin

Blocks no longer gain weight after 30 days but they can still stake.



Then at that time it will be more valuable.
legendary
Activity: 1624
Merit: 1008
Dear Presstab, do you have a hammer handy?  I have a block with an age of 28 days that maxed out at 1000 HYP 12 days ago.  I have no older blocks and 19 blocks that are younger and small have minted, most in ~half the time.  Thank you.

With difficulty going up quickly, you are going to have to start rethinking how you size your blocks. Either size them larger so that the stake quicker at the expense of hitting the max, or size them smaller so that they don't hit the max at the expense of more time.

PS - my oldest is 78 days  Cheesy
How is that possible if max coin age is 30 days ?
Do you have a "special" wallet for yourself ?  Grin

Blocks no longer gain weight after 30 days but they can still stake.

legendary
Activity: 1610
Merit: 1000
Crackpot Idealist
Double your Hyperstake with CryptoDouble in 100 Hours!

1. 100% Profit after 100 Hours
2. 200+ cryptocurrencies available
3. Automatic payouts
4. Dedicated Server
5. Strong DDoS Protection

http://cryptodouble.com

THIS IS A PONZI!!!

That being said, there is nothing wrong with gambling, just don't get pissed if you are the person without a chair when the music stops.
legendary
Activity: 1133
Merit: 1050
Double your Hyperstake with CryptoDouble in 100 Hours!

1. 100% Profit after 100 Hours
2. 200+ cryptocurrencies available
3. Automatic payouts
4. Dedicated Server
5. Strong DDoS Protection


And it begins... Lol
sr. member
Activity: 461
Merit: 250
Dear Presstab, do you have a hammer handy?  I have a block with an age of 28 days that maxed out at 1000 HYP 12 days ago.  I have no older blocks and 19 blocks that are younger and small have minted, most in ~half the time.  Thank you.

With difficulty going up quickly, you are going to have to start rethinking how you size your blocks. Either size them larger so that the stake quicker at the expense of hitting the max, or size them smaller so that they don't hit the max at the expense of more time.

PS - my oldest is 78 days  Cheesy
How is that possible if max coin age is 30 days ?
Do you have a "special" wallet for yourself ?  Grin
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
These difficulty charts that iDunk makes are awesome. https://mega.co.nz/#F!HEcnQCCb!AjoHFQebVHLTo9peEUXoAg

The 1,000 block time frame is really fun to look at.
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
Dear Presstab, do you have a hammer handy?  I have a block with an age of 28 days that maxed out at 1000 HYP 12 days ago.  I have no older blocks and 19 blocks that are younger and small have minted, most in ~half the time.  Thank you.

With difficulty going up quickly, you are going to have to start rethinking how you size your blocks. Either size them larger so that the stake quicker at the expense of hitting the max, or size them smaller so that they don't hit the max at the expense of more time.

PS - my oldest is 78 days  Cheesy
legendary
Activity: 1624
Merit: 1008
Dear Presstab, do you have a hammer handy?  I have a block with an age of 28 days that maxed out at 1000 HYP 12 days ago.  I have no older blocks and 19 blocks that are younger and small have minted, most in ~half the time.  Thank you.
sr. member
Activity: 433
Merit: 250
We are the first to program your future (c)
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)
hero member
Activity: 658
Merit: 503
Monero Core Team
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 get max 1000 per cycle. When you move your coin to your wallet, you initiate a new cycle, so you'll get your bounty. Make sure to purchase at least 1600 HYP (you may stake after 35 days with a 1600 block or get lucky and stake after 10 days. The higher the amount of HYP in your block, the better https://bit.ly/hypsize
sr. member
Activity: 420
Merit: 250
I'm upping the ante on this competition to get more people interested....

How does 2,000 HYP Sound???

What about 3,000?Huh

Hell, it's Christmas time so I'm going to make the prize 5,000 HYP!!!!

That's right - 5,000 HYP.

Let's see some entries coming in  Grin  Grin  Grin



Want the chance to earn yourself 1,000  5,000 FREE HYP?Huh

Listen to the following short soundclip on https://clyp.it/jmpn3u43

Once you know the:
A) Voice
B) Song and Artist
C) Sound

Log on to the HYP IRC Channel http://webchat.freenode.net/?channels=##hyperstake
and message me (cycoinminer) with the answer.

The first person with all 3 correct answers will win 1,000 5,000 HYP!!!!!

Go on, test your ears..... I've made the first one easy for you Smiley

Awesome!!

Just a quick update on my little competition.....

All 3 answers have been found - Voice / Song / Sound - however, they've all been found by different people!
So, they're not impossible to find by any means - it's just a case of one person giving me all 3 correct answers and they'll win the 5,000 HYP!

Talk about a nice Xmas bonus!!!!!

Come on, I'm sure someone can win today! Give it a shot and message me on IRC.
legendary
Activity: 1540
Merit: 1060
May the force bit with you.
Well my TrackID was able to get the Song and Artist.  But don't know the other 2. Good luck, its a fun game!
legendary
Activity: 1330
Merit: 1009
I have not a clue what this music clip is xD
sr. member
Activity: 420
Merit: 250
I'm upping the ante on this competition to get more people interested....

How does 2,000 HYP Sound???

What about 3,000?Huh

Hell, it's Christmas time so I'm going to make the prize 5,000 HYP!!!!

That's right - 5,000 HYP.

Let's see some entries coming in  Grin  Grin  Grin



Want the chance to earn yourself 1,000  5,000 FREE HYP?Huh

Listen to the following short soundclip on https://clyp.it/jmpn3u43

Once you know the:
A) Voice
B) Song and Artist
C) Sound

Log on to the HYP IRC Channel http://webchat.freenode.net/?channels=##hyperstake
and message me (cycoinminer) with the answer.

The first person with all 3 correct answers will win 1,000 5,000 HYP!!!!!

Go on, test your ears..... I've made the first one easy for you Smiley
hero member
Activity: 658
Merit: 503
Monero Core Team
I'm new to HyperStake
one question  what would be the best  recommendation on depositing coin  like 2000 now  in 3hr 2000  or do I need more time ?
Welcome!

For your question, check bit.ly/hypsize.
And since you are a newcomer, also check http://hyperstake.wikia.com/wiki/First_links
hero member
Activity: 546
Merit: 500


  Hello All


   one question  After depositing my coin in to the wallet  can I close the wallet to save on electricity cost ? then in Minimum Age - 8.8 days  open the wallet
  to start stake ?


       kprell40 



Yes
cool  Thank you   
       
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