Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 267. (Read 679335 times)

Hi,

We will start the first HyperLoan experiment/promotionnal campaign today.

What is HyperLoan?
The idea comes from cycoinminer
A (relatively) new HYPster get 10k HYP as a loan. It is loaned for free. He keeps it until it stakes. Then he sends the 10k HYP back and keeps the reward. Max time for keeping the HYP is 30 days (can be decided shorter), so this leaves room for experimentation, smaller blocks and maybe (for the most audacious/lucky) even enough room for a second stake. So, essentially, consider it a 2k HYP giveway.
The lucky chosen HYPster will have his nick on a hall of fame.

What if...
The HYPster could very well disappear with the money. This is a gamble, an experiment, we expect the HYPster to play fair. If he doesn't, his nick will be on the Hall of Shame to be forever remembered as a scammer.

What are the conditions?
To be relatively new to HYP and to show interest - ideally, to also have not much HYP, but on this we can only trust the person to give us his real and only address.
To maximise the chances, the candidate must have a sufficient amount of posts and be known by the HYP community - presence on the ANN, the IRC or the trollbox.
This will be subjective.
The selected HYPster is encouraged to proselytise HYP whenever he can. For instance, he could add to his signature "Proud winner of the HyperLoan" with a link to this very post. This is just a suggestion though. It is in his own interest to have HYP succeed and we expect him to act accordingly. Rather than hard rules about what to do, we prefer common sense. Such common. Much sense. Wow.

Since this is the first time, we will only select one person (if it proves successfull, Part Deux will have more than one winner). Still, a shortlist of maximum 5 persons shall be established. This is YOU, the community, who will propose the name. People can propose themselves or someone else. You can win HyperLoan only once in your lifetime.

Go!

update: IstvanDV on IRC proposed that "the borrower would register new address in block explorer for better traking something like, mafort-HyperLoan". Let's elaborate on this.

According to TA (technical analysis) we probably will find a floor at 4000-4500 (with possible drawdown to 3000-3500), but there is a positive forecast for a short correction to 6000-6500 before a flat and further slow uptrend. At the present moment the exchange rate is influenced by a strong fud and resulting panic sell. Good news, new marketing efforts and fud protection (it is something we need to develop) will bring the trend to it's usual rails.

Hello presstab, you think HYP price in poloniex can up to 7k or 8k in this month (end M.) ?

In the OP the last Beta listed is 1.0.6.5
I down loaded 1.0.6.6 from a link a few pages ago and under Help>About HyperStake it shows 1.0.6.5
The HyperStake-qt file shows that it was modified at the time of install
I noticed no changes in my wallet.  Is this because my blocks are too young to stake?

Also I want to point out that in the latest release of the wallet (beta 1.0.6.6), the change is automatically sent to the sending address instead of generating a change address.

Overall, good writeup. However, on your first paragraph, you're incorrect. The correct answer would be "If you don't do it the following way, make regular backups of wallet.dat". I'd also add that if you do NOT use a custom change address, make a backup, then add "keypool=1000" to the .conf file, and then after stopping the daemon or client and resynching, make another backup. This will put a very large amount of keys in the backup. And it harms nothing. Only caveat I can think of with that is to not do it on a Raspberry Pi as it will make wallet.dat quite a bit bigger. Given that they're just strings of text, I don't even know if that would be an issue.

Sent!! And updated the OP to include it.

Thanks a lot!

I do not believe barrier to entry is a good thing for a coin that want to be popular. Automatic coin control will probably leave room for fine-tuning any way, the same cars have manual transmission or even sport mode, whilst other have automatic transmission. Then, who's right on cars? Everyone is. Different audiences and preventing one audience to access the coin is not my vision for HyperStake. Not everyone wants to be addicted - I am, and I'm fine with it but other people just want it to work well, without this feeling of losing money because they don't understand coin cointrol.
Plus, I tend to think there would be a bit less day-traders if coin controlling was not only automatic, but even encouraged with a potential stake displayed right in the wallet's main window, an "executive summary" ('you have X HYP at the moment - in around 20 days, you should have Y HYP if you leave your wallet open most of the time").

Regarding splitting blocks - it is best to send to the same address in your wallet, because once I lost about 1000 coins when I had done a lot of splitting after buying large amounts and then my wallet crashed so I had to go back to my 2 week old backup - which did not have all the random addresses that I had been using by not configuring the "change address" and so I lost everything that I had split after the 100 addresses in my backup were exhausted. I lost about 0.1 BTC that time. So since then I know to configure the "custom change address" to my own wallet address and to not eat up all the random addresses in my wallet, so my backup stays current for a much longer period.
It does not matter for the staking itself if the blocks are in the same or all different addresses, unless you want to prove the balance of your wallet, there are some coins where your entire balance determines how much rewards you get, so then you better keep everything in the same address.

Privacy of incoming transactions:
If you don't want the money to be traceable to you then it is a good thing to use a new receive address for different people sending money to you. Also for yourself it can be easier to keep track of who is paying you. Note that if you are splitting *those* inputs then you should re-configure your custom change address to that one or you are still sending your coins to your original address, which will make it traceable to your original address again. The fact that all coins and addresses are administrated in the publicly accessible blockchain has benefits (trustless money transfer) but also drawbacks (traceability). To most of us that is not a problem but it depends on what you use your money for, if you need to shield it. Since addresses are typically not published unless you are either dealing with someone or publishing it (like in a sig of a post like this) the privacy is normally not a concern.

Security of outgoing transmissions:
There is no point in emptying an address once you have sent from it, since nobody can use the balance of that address without the private key that is only available in your wallet.dat. *if* your computer was hacked and your wallet.dat file was stolen *then* it is a good idea to transfer all funds to a new wallet and discard the old, but any other time there is no point. The transfers out of the old address can be viewed on the block chain, so the new address is know just like the old where it was sent from and even if you sent to someone you do not trust, they cannot do anything with the knowledge about the address from where it was sent, since they do not hold the key.

Hope this clarifies the working of the wallet.

It's ridicoulous. Wallet is now up to date, online, staking, etc. DIFFICULTY is at 2.4, and weight is at 103965563..... So it begins.

]I don't see how leaving the choice would prevent

The 'you have X HYP at the moment - in around 20 days, you should have Y HYP if you leave your wallet open most of the time" could even have a "want to know why and how and further optimise it? Open the stake control window." With even a clickable link to automatically open the window, it is possible.

Did you take a screenshot? I "only" have 2.1

 

I do not believe barrier to entry is a good thing for a coin that want to be popular. Automatic coin control will probably leave room for fine-tuning any way, the same cars have manual transmission or even sport mode, whilst other have automatic transmission. Then, who's right on cars? Everyone is. Different audiences and preventing one audience to access the coin is not my vision for HyperStake. Not everyone wants to be addicted - I am, and I'm fine with it but other people just want it to work well, without this feeling of losing money because they don't understand coin cointrol.
Plus, I tend to think there would be a bit less day-traders if coin controlling was not only automatic, but even encouraged with a potential stake displayed right in the wallet's main window, an "executive summary" ('you have X HYP at the moment - in around 20 days, you should have Y HYP if you leave your wallet open most of the time").

I will refrain from entering this contest. But just to show that anything is possible:



Good luck everyone!!

HYP has one of the most secure PoS networks and the difficulty has been consistently above 1 the last few days.

Just an orphan. You and somebody else submitted the same block at about the same time. They won. It just reverts to staking, nothing lost. It happens a lot with all POS coins.

With the increase of difficulty, popularity, and weight does the recommended minimum block size still hold? Do you guys have any particular strategy? I have 12 inputs of 250 HYP with an age of around 21 now and considering biting the bullet and combining them now...

List mode shows each block, tree mode shows each address. I never use tree, don't even see it's purpose, but that's me.

Max stake maturity is thirty days. After that it gains no further weight, but will keep trying to stake and should eventually do it. I have staked ONE coin. Took bloody forever, but I wanted to see if it worked. It went way past the gain.

Best of luck, welcome to the community, and if you find good answers, please share!

I always thought u are supposed to make new addresses for every incoming transaction-- for privacy reasons?

I also support this idea.