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Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 250. (Read 679335 times)

legendary
Activity: 912
Merit: 1000
750% PoS ?
It's a little crazy in my opinion  Roll Eyes
If you still think this is crazy then take a look at this thread https://bitcointalksearch.org/topic/ann-snowballs-balls-sha256-25k-blocks-mined-5000-proof-of-stake-842827  Grin

what?..5000%
i don't know how to comments  Grin Grin

Witnessing the end of the clone coin anonymous fad....and the beginning of clone coin supercrazyxxxtremePOSomgomg fad.
legendary
Activity: 1176
Merit: 1000
sr. member
Activity: 406
Merit: 250
hero member
Activity: 658
Merit: 503
Monero Core Team
The 750% is that forever or just the first years?

The 750% is forever unless there is a hard fork. If the difficulty rises to a certain point, people may have to wait months to stake, and with the max coin cap, the effective stake % rate could potentially fall.
Added as a FAQ entry. The 750% is that forever or just the first years?

This huge POS is in my opinion a new way to redistribute coins to larger communities.
Very good point. The distribution is always a problem with coins, any coins. What about the unborn, what about those who did not hear about HYP yet, what about those who arrived too late? HYP proposes an answer to this. On the same topic, see also, on the HDJ, The Virtues of Inflation - in short, no "premine" accusation with forever expanding coin, because you can hardly "miss the train" - you may just have to wait more than the early adopters, that's all.
CiZ
member
Activity: 81
Merit: 10
HyperStake Member
HYP/BTC +1.2%
HYP/BTC +2.4%
HYP/BTC +4.1%
sr. member
Activity: 406
Merit: 250
750% PoS ?
It's a little crazy in my opinion  Roll Eyes
this is the specific of cryptocurrencies ,craziness..
sr. member
Activity: 471
Merit: 500
I like this experiment and invested just 0.2 BTC @ 3000sat and I keep my coins as long I enjoy this. I have no illusion to become very rich with HYP but it is form just for fun and to learn more about CryptoCurrency. This huge POS is in my opinion a new way to redistribute coins to lager communities. In time there is maybe room for a NW NxtHypcoin trough ICO or with free distribution. It is new technology and we all have to learn en see how is works out. I be here in the first place for the fun and I already have 100% more coins as where I started with.


my point exactly Smiley except i plan to make a good amount on hype Smiley but i have more then .2 btc in it good luck my friend
legendary
Activity: 2453
Merit: 1026
Energy coin master
I like this experiment and invested just 0.2 BTC @ 3000sat and I keep my coins as long I enjoy this. I have no illusion to become very rich with HYP but it is form just for fun and to learn more about CryptoCurrency. This huge POS is in my opinion a new way to redistribute coins to lager communities. In time there is maybe room for a NW NxtHypcoin trough ICO or with free distribution. It is new technology and we all have to learn en see how is works out. I be here in the first place for the fun and I already have 100% more coins as where I started with.
sr. member
Activity: 471
Merit: 500
ok guys, im NOT the dev..and im NOT a mod, im just an owner of HYP and i LOVE this coin..

everyone is concerned about the %...my question is...why?

"inflation inflation inflation" ....no...not reallY .."how is that possible no inflation" will HYP have some inflation...sure all coins do..as more are minted (or mined) its bound to happen BUT everyone here is talking like its going to kill the coin...but its NOT ...everyone is also talking like its going to take "months" to stake... this MAY happen as Diff goes up, sure. but is it happening right now? NO, in fact ,i was told by presstab  to expect 15 days for my first stake ...turned about to be between the 9-10th day...bottom line is this guys...right now HYP is down in price..its a GREAT time to buy because once that diff. goes up (who knows when) people WILL be buying (atleast people like me) to stake more and create bigger blocks to stake faster. so at the very least...BUY now to sell to make later at a HIGHER price and whatever you get from the staking is gravy , right now HYP IS WORKING! why try to weigh it down with all this FUD when the diff going up really wont effect most of us until jan.-feb (according to presstab) ? seriously if anything now is a time to stake before the diff goes up and when it does take your stake and make bigger blocks...anyway just my 2 cents..im seeing all this FUD for no reason at all. as long as it works dont try to fix it and let it do its thing
hero member
Activity: 763
Merit: 534
The 750% is that forever or just the first years?

The 750% is forever unless there is a hard fork. If the difficulty rises to a certain point, people may have to wait months to stake, and with the max coin cap, the effective stake % rate could potentially fall.
legendary
Activity: 2453
Merit: 1026
Energy coin master
The 750% is that forever or just the first years?
hero member
Activity: 763
Merit: 534
750% PoS ?
It's a little crazy in my opinion  Roll Eyes
Its not about getting fast "crazy" returns.
As i understand, the whole idea is to circunvent a problem a lot of coins, and POS specifically, have: Inflation. But this time, using a adifferent HYPproach , if you mind my bad joke :-)

What if you have so many new coins each week and a half that you could literally gift them to you friends?

What if they are so cheap (lets say 1/10th of a US CENT) that you can send a few HUNDREDS to anyone that makes a good contribution, a tip , or solves any problem on your community?

What will happen when that new receiver checks the coin and realize that by purchasing a small amount (lets say not even $40 dollars) He can have a lot of HYPs to stake and have a virtually unlimited amount of free HYP to be able to tip others as well?

That will create a "buy wall". Maybe not very big, but stable, as long as the adoption rises.

"After that, is just implementation..." (Pantented Joke :-)


You can't look at the PoS % as the rate of return or anything like that. In the same way BTC could just as easily have been 1 coin split 21M ways, each HYP coin represents a share of the HYP network. If we start with 25M coins, and end with 100B, while there are more units of HYP to provide better liquidity/price tracking, at the end of the day, they still represent % ownership in the HYP network.
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
So I downloaded this wallet but I don't seem to get any connections to the network.

This is what it says on debug:

Quote
(...)
ERROR: CAddrman::Read() : open failed
Invalid or missing peers.dat; recreating
Loaded 0 addresses from peers.dat  1ms
mapBlockIndex.size() = 1
(...)

Do i need to write a conf with some nodes?

Thanks


EDIT: nevermind, the hyperstake.conf with some nodes did it


Don't forget that you can use the debug window to add nodes. "addnode add"
sr. member
Activity: 265
Merit: 250
Honni Soit Qui Mal i Pense
750% PoS ?
It's a little crazy in my opinion  Roll Eyes
Its not about getting fast "crazy" returns.
As i understand, the whole idea is to circunvent a problem a lot of coins, and POS specifically, have: Inflation. But this time, using a adifferent HYPproach , if you mind my bad joke :-)

What if you have so many new coins each week and a half that you could literally gift them to you friends?

What if they are so cheap (lets say 1/10th of a US CENT) that you can send a few HUNDREDS to anyone that makes a good contribution, a tip , or solves any problem on your community?

What will happen when that new receiver checks the coin and realize that by purchasing a small amount (lets say not even $40 dollars) He can have a lot of HYPs to stake and have a virtually unlimited amount of free HYP to be able to tip others as well?

That will create a "buy wall". Maybe not very big, but stable, as long as the adoption rises.

"After that, is just implementation..." (Pantented Joke :-)

sr. member
Activity: 400
Merit: 263
So I downloaded this wallet but I don't seem to get any connections to the network.

This is what it says on debug:

Quote
(...)
ERROR: CAddrman::Read() : open failed
Invalid or missing peers.dat; recreating
Loaded 0 addresses from peers.dat  1ms
mapBlockIndex.size() = 1
(...)

Do i need to write a conf with some nodes?

Thanks


EDIT: nevermind, the hyperstake.conf with some nodes did it
newbie
Activity: 56
Merit: 0
750% PoS ?
It's a little crazy in my opinion  Roll Eyes
hero member
Activity: 722
Merit: 500
StakeChain Community leader
CiZ
member
Activity: 81
Merit: 10
HyperStake Member
newbie
Activity: 7
Merit: 0
i wanted to buy more but it's day 17 and none of my 3000 blocks has staked yet... boring
newbie
Activity: 45
Merit: 0
I am currently working on a tip not for the reddit page Smiley
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