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Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 222. (Read 679335 times)

legendary
Activity: 1330
Merit: 1009
I just saw diff bump with 3, is it time to increase block size when staking?
full member
Activity: 216
Merit: 100
damn I missed that deal!! I'll be looking closer now. lots of ppl are selling.. Oh well, there loss our gain!!

TBH it looks like HYP is still going down. When max gen kicks in December 6th ( Assuming this is correct) prices should either spike up briefly and stabilize. Right now I need some BTC to buy some HYP though Tongue

I sort of cringe a bit when I hear "when inflation control kicks in" or phrases like that (nothing personal against you mtwelve, everyone has been saying it). Ask yourself, have you been sizing your outputs/blocks differently than you would if there was no 1,000 HYP max stake reward?  If the answer is yes, then this is proof that inflation control has already kicked in.

Now the question of "max gen" kicking in.  Well this is a bit misleading as well, because there is a large chance that we don't see every single stake in one day hit the limit.  I think it was biomech that pointed this out, that it is much more likely that we get close to the max coin supply expansion per day, but that it will vary from day to day near that range.

Haha true. But difficulty will increase, and 1k block will be hit more and more often ( have two blocks that have with age of 14+). Will make sure to phrase correctly from now on Smiley

Yeah no kidding.. We are gonna start peaking at 3+ here pretty soon on difficulty

This is not as complicated as it's being made out to be.

When using terms like "inflation control"...
The only thing that matters here is Money Supply growth...
How fast are those 46,051,232 coins growing relative to a previous period?

As for how...
It doesn't matter if you have midgets wrestling for blocks...
Or naked women are dropping stake blocks from helicopters over Gotham City.

Also, referencing the 750% nominal rate as "static" is meaningless...
Since people staking correctly are doing MUCH more than that...
(I'm doing a REAL rate of 5,000-6,000% annual if compounded daily)...
And when the Max Generation kicks in the REAL rate will gradually drop to zero over time.

It's all about Money Supply growth and since you have the information...
Please tell us the Money Supply Pct Growth for each of the last 4 weeks...
Or a graph... or any other format you may have available.

Clarity on this is a good way to restore market confidence.



You are quite right. That's why I report inflation on a monthly basis in the cap thread. Last report:



High POS HBN-CAP-TEK-HYP Inflation update

So how are we doing inflation-wise in October? Are thing evolving as expected or not?

First HBN, 100% POS with POW.

Date       block           supply   Inflation
1-6-2014   898413   4629448   12,7%
1-7-2014   988559   5068546   9,5%
1-8-2014   1080369   5521192   8,9%
1-9-2014   1173120   5985846   8,4%
1-10-2014   1262548   6467925   8,1%
1-11-2014   1357005   6990000   8,1%

I couldn't catch the exact supply and rely on Tranz's estimation. It shows the lowest inflation of all which is quite stable as well. October shows no decrease though. Could be because staking efficiency has improved a bit since splitting and recombining level is raised to 5/10. Could also be because October has 31 days Smiley. We'll see what next month brings!


CAP, 200% POS with POW

Date       block           supply   Inflation
1-6-2014   476848   3680285   7,6%
1-7-2014   519426   4046888   10,0%
1-8-2014   565946   4812616   18,9%
1-9-2014   613331   5583618   16,0%
1-10-2014   662054   6367469   14,0%
1-11-2014   713617   7311008   14,8%

Quite steady as well, as mentioned before, rates rised after 4-7 hard fork but decreased al little soon after. Now we see a little increase. We have to await until next month to see if it's a new trend or not.


TEK, 500% POS with POW

Date       block           supply   Inflation
1-6-2014   382532   986066   37,9%
1-7-2014   425505   1349745   36,9%
1-8-2014   469608   1830289   35,6%
1-9-2014   514595   2113023   15,4%
1-10-2014   569714   2421990   14,6%
1-11-2014   621243   3138853   29,6%

As expected, TEK almost returned to pre-fork levels once more. The after-fork-simultaniously-staking pressure brought down the stake percentage quite strong but only temporarily as it now seems. It likely to assume that next month the inflation level is up and above 30% again.


HYP, 750% POS, no POW

Date       block   supply   Inflation
1-8-2014   44901   10557791   24,4%
1-9-2014   74355   14826453   40,4%
1-10-2014   103019   22309537   50,5%
1-11-2014   132376   34665433   55,4%

Last month shows an increase of the inflation of HYP. It only means the staking is getting more and more efficient and produces a stake ever closer to 1000 which is the max stake for this coin. Since the stake percentage isn't decreasing with stake weight, it's fair to assume that inflation will eventually level out and then decrease much like a POW-coin with a 1000 block-reward. The thing that really surprises me though, is the absence of strong price-erosion due to this enormous inflation thus producing an impressive market cap. A most interesting experiment indeed.

UPDATE: Well my last comments are pretty much outdated now, but that's more something for the next report


legendary
Activity: 1588
Merit: 1000
damn I missed that deal!! I'll be looking closer now. lots of ppl are selling.. Oh well, there loss our gain!!

TBH it looks like HYP is still going down. When max gen kicks in December 6th ( Assuming this is correct) prices should either spike up briefly and stabilize. Right now I need some BTC to buy some HYP though Tongue

I sort of cringe a bit when I hear "when inflation control kicks in" or phrases like that (nothing personal against you mtwelve, everyone has been saying it). Ask yourself, have you been sizing your outputs/blocks differently than you would if there was no 1,000 HYP max stake reward?  If the answer is yes, then this is proof that inflation control has already kicked in.

Now the question of "max gen" kicking in.  Well this is a bit misleading as well, because there is a large chance that we don't see every single stake in one day hit the limit.  I think it was biomech that pointed this out, that it is much more likely that we get close to the max coin supply expansion per day, but that it will vary from day to day near that range.

Haha true. But difficulty will increase, and 1k block will be hit more and more often ( have two blocks that have with age of 14+). Will make sure to phrase correctly from now on Smiley

Yeah no kidding.. We are gonna start peaking at 3+ here pretty soon on difficulty

This is not as complicated as it's being made out to be.

When using terms like "inflation control"...
The only thing that matters here is Money Supply growth...
How fast are those 46,051,232 coins growing relative to a previous period?

As for how...
It doesn't matter if you have midgets wrestling for blocks...
Or naked women are dropping stake blocks from helicopters over Gotham City.

Also, referencing the 750% nominal rate as "static" is meaningless...
Since people staking correctly are doing MUCH more than that...
(I'm doing a REAL rate of 5,000-6,000% annual if compounded daily)...
And when the Max Generation kicks in the REAL rate will gradually drop to zero over time.

It's all about Money Supply growth and since you have the information...
Please tell us the Money Supply Pct Growth for each of the last 4 weeks...
Or a graph... or any other format you may have available.

Clarity on this is a good way to restore market confidence.

legendary
Activity: 912
Merit: 1000

Hilux You got some HYPs?
Yeah I bought back in yesterday at 801 on Polio and 863 on Craptsy.  Sold most of my previous holding during the obvious pump beetween 6-7K when people first started telling me to F myself for suggesting caution and restraint.  My issues with HYP are not with the crypto but with its promotion lately.  The scammy over the top horn tooting PR during the obvious pump and then the attacks on other coins afterward have been ridiculous.  Since those tactics made nothing but enemies for XMR I am surprised they were used for HYP.  At these prices I couldn't resist buying back in though.  I was missing the game of trying to determine the perfect block size to optimize reward vs stake time.

I thought 8xx was going to be a stable floor for a while.  I wasn't really expecting my buy orders to be filled yesterday.  Surprised to see it hitting 6xx today.  I guess the tried and true 'best community ever' play to sucker newbs into buying high in the pump made many angry holders who are now making an even worse move and dumping with the same fury with which they bought.
sr. member
Activity: 371
Merit: 250
Holy sh!!. Why THE BEST COMMUNITY EVER is dumping HYP so hard??!!!

Good question  Shocked

PressTab You're good dev Smiley but people are treating crypto coins like whores and that ain't gonna change any time soon...
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
Holy sh!!. Why THE BEST COMMUNITY EVER is dumping HYP so hard??!!!

Good question  Shocked
sr. member
Activity: 371
Merit: 250
Holy sh!!. Why THE BEST COMMUNITY EVER is dumping HYP so hard??!!!
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
Ok. Question guys. How to check actual stake %??

The stake % is always based on 750%. There is a max reward of 1,000 HYP, so if you get your stake cut off by the max reward, then that is the only way to receive less.

After staking you can use the RPC command "getstaketx " which will tell you the % you earned for that stake.

Ok so it's not the same like HBN Smiley

Nope, HBN has NVCS, which means that the rate changes as difficulty goes up. HYP does not use this method.
sr. member
Activity: 371
Merit: 250
Ok. Question guys. How to check actual stake %??

The stake % is always based on 750%. There is a max reward of 1,000 HYP, so if you get your stake cut off by the max reward, then that is the only way to receive less.

After staking you can use the RPC command "getstaketx " which will tell you the % you earned for that stake.

Ok so it's not the same like HBN Smiley
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
Ok. Question guys. How to check actual stake %??

The stake % is always based on 750%. There is a max reward of 1,000 HYP, so if you get your stake cut off by the max reward, then that is the only way to receive less.

After staking you can use the RPC command "getstaketx " which will tell you the % you earned for that stake.
sr. member
Activity: 371
Merit: 250
Ok. Question guys. How to check actual stake %??
legendary
Activity: 1610
Merit: 1000
Crackpot Idealist
damn I missed that deal!! I'll be looking closer now. lots of ppl are selling.. Oh well, there loss our gain!!

TBH it looks like HYP is still going down. When max gen kicks in December 6th ( Assuming this is correct) prices should either spike up briefly and stabilize. Right now I need some BTC to buy some HYP though Tongue

I sort of cringe a bit when I hear "when inflation control kicks in" or phrases like that (nothing personal against you mtwelve, everyone has been saying it). Ask yourself, have you been sizing your outputs/blocks differently than you would if there was no 1,000 HYP max stake reward?  If the answer is yes, then this is proof that inflation control has already kicked in.

Now the question of "max gen" kicking in.  Well this is a bit misleading as well, because there is a large chance that we don't see every single stake in one day hit the limit.  I think it was biomech that pointed this out, that it is much more likely that we get close to the max coin supply expansion per day, but that it will vary from day to day near that range.

Haha true. But difficulty will increase, and 1k block will be hit more and more often ( have two blocks that have with age of 14+). Will make sure to phrase correctly from now on Smiley

Yeah no kidding.. We are gonna start peaking at 3+ here pretty soon on difficulty
sr. member
Activity: 371
Merit: 250
has buy support completely gone for Hyperstake or are people dumping every single coin they stake. ???From 7 to 8k down to 800 is just ridiculous

Watching the rich list I have seen a few of the large wallets shrinking, one of them fairly significantly.


Maybe the same "investor" who dumped CAPs and HBNs...
Was thinking the same thing.  I wasn't expecting my Cryptsy buy order to get filled yesterday in a single dump lol. 

On that note, now that I have tried it I have to say the autosplit function is pretty slick...wham bam 23 blocks of ideal stake size in an instant.

Hilux You got some HYPs?
legendary
Activity: 912
Merit: 1000
has buy support completely gone for Hyperstake or are people dumping every single coin they stake. ???From 7 to 8k down to 800 is just ridiculous

Watching the rich list I have seen a few of the large wallets shrinking, one of them fairly significantly.


Maybe the same "investor" who dumped CAPs and HBNs...
Was thinking the same thing.  I wasn't expecting my Cryptsy buy order to get filled yesterday in a single dump lol. 

On that note, now that I have tried it I have to say the autosplit function is pretty slick...wham bam 23 blocks of ideal stake size in an instant.
legendary
Activity: 1330
Merit: 1009
damn I missed that deal!! I'll be looking closer now. lots of ppl are selling.. Oh well, there loss our gain!!

TBH it looks like HYP is still going down. When max gen kicks in December 6th ( Assuming this is correct) prices should either spike up briefly and stabilize. Right now I need some BTC to buy some HYP though Tongue

I sort of cringe a bit when I hear "when inflation control kicks in" or phrases like that (nothing personal against you mtwelve, everyone has been saying it). Ask yourself, have you been sizing your outputs/blocks differently than you would if there was no 1,000 HYP max stake reward?  If the answer is yes, then this is proof that inflation control has already kicked in.

Now the question of "max gen" kicking in.  Well this is a bit misleading as well, because there is a large chance that we don't see every single stake in one day hit the limit.  I think it was biomech that pointed this out, that it is much more likely that we get close to the max coin supply expansion per day, but that it will vary from day to day near that range.

Haha true. But difficulty will increase, and 1k block will be hit more and more often ( have two blocks that have with age of 14+). Will make sure to phrase correctly from now on Smiley
legendary
Activity: 1176
Merit: 1000
can HYP make xpansion campagaing giving bags of HYPs for game servers than later they can share his stake with players.

like wow blizzlike servers, etc..
sr. member
Activity: 371
Merit: 250
has buy support completely gone for Hyperstake or are people dumping every single coin they stake. ???From 7 to 8k down to 800 is just ridiculous

Watching the rich list I have seen a few of the large wallets shrinking, one of them fairly significantly.


Maybe the same "investor" who dumped CAPs and HBNs...
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
has buy support completely gone for Hyperstake or are people dumping every single coin they stake. ???From 7 to 8k down to 800 is just ridiculous

Watching the rich list I have seen a few of the large wallets shrinking, one of them fairly significantly.

TEK traded as high as 120k sats and now trades for 7.5k, HBN traded as high 56k sats and now is down to 5-6k, CAP traded as high 10k sats and is now down to 2.3k, Balls had a 30 minute period where its weighted avg was 25k+ sats and is now trading for 4k, HYP traded above 8k sats for a few hours and now is trading at 800 sats.

Ridiculous? Absolutely!!

Out of the ordinary? Not from what I can see.
legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
I'm averaging about 10 days with largish blocks.

I'm also new to HYP, so please guys could you answer some questions? I have the latest wallet, if it matters, but my block of 1344 reached 21 days and still can't stake. Is it normal? But the main problem is my 4000 blocks. Look at the pic: 32 days to stake a 4000 block?! And this number grows almost every day: first it was 20-25, then 28, then 30, now 32... Is it really normal? I've never expericenced such difficult staking with my CAP or HBN. If a 32 days gap is true, then I will never see those promised 750%. Sad Biomech, how do you manage to average about 10 days? What block size do you have?



Looks like a lot of this has been covered, and my average is increasing. But I have been staking about 4500 coin blocks. I've only got a couple of those, so my average is likely to change heavily as the network difficulty gets bigger.

As noted, the "estimated days to stake" is not accurate. Press has been working on it, but there's really no way to make it accurate as random chance IS a factor in solving a block. Just like with PoW work. You could technically solve a bitcoin block with the core client and "gen=1" in your config. The odds are horrible, but it's still technically possible Tongue

My last round was 14 days, and the one before that was 15, so it appears my average is going up. Those blocks both staked after I posted this. originally.

EDIT: Never try to do technical things without caffeine.
legendary
Activity: 1330
Merit: 1000
Blockchain Developer

Not so much of a bug report, but a minor nuisance: In the send tab, should the "return change" and "custom change address" be mutually exclusive? Right now I can select both options at the same time, but I have no clue as to what that would produce.

Good catch, i'll make an error message for that.
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