Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 289. (Read 679335 times)

This coin is still tiny and can grow exponentially...
But listing on Cryptsy adds nothing since all the HBN, CAP, TEK enthusiasts are already in HYP.

You gotta get listed on BTER and get indigenous Chinese support...
That's where the growth is... could probably more than double the cap with China promotion.

But really it's still an incremental advance over HBN, CAP, etc
Most of this thread is about people debating the correct block size and devs posting ultra-technical stuff...
*** That's as far away from mainstream as you can get, it's math geek territory ***...
And I'm speaking as a software engineer for > 20 years and pro trader.

Also, nobody seems to have the foggiest idea what the actual return is...
Or where the coin will stabilize in terms of realistic long-term return...
And 2 days ago network weight doubled and then halved in a matter of hours (??).

Yes, I know it's experimental...

But unless a lot of these things are clarified...
And to quote John Tuld in Margin Call,

 "“Speak to me as you would a small child, or a golden retriever,”...

If you cannot explain something to a 10 year old it cannot go mainstream...
So it all needs to be explained on Page One with a clear WhitePaper, maybe (eventually)...
Not conflicting information buried all over the place.

I had a block of 300 HYP not a long time ago that staked almost instantly, but the difficulty was slightly lower. There is a possibility to find a right hash on the first try, as well as a possibility to find it on the millionth one. The process of hashing (bytes mixing) is random, but the older your block is (i.e. has more weight), the more probability for a hash to meet special requirements (hash < target bits * weight, where the target is inverse to the difficulty).

If you've set up Coin Control, then you can look at a couple of important indicators as to when you're going to stake, yet I've had other blocks that have staked with a much lower weight!

Under the "Weight" column, as a general rule, the higher the weight, the more chance that particular block has of staking.

Personally I'm looking at some blocks now that are over 10,000 weight and they're still trying to stake.

You've also got to consider that if your blocks are too small (I have one at 245 HYP and it's not staked in over 2 months), then, it may never gain enough weight to ever stake. For example, after 30 days, your block stops gaining weight. (Weight is defined by taking the block size, and multiplying it by the time passed after 8.8 days, so a 400 Block after 9.8days would be worth a weight of 400, after 10.8 days worth 800 weight)..... someone correct me if my math is slightly out, but a 400 Block can only gain weight of 8480? (30 days - 8.8 days x 400)

BUT, unless you're desperate to sell, it doesn't really matter when the blocks actually stake. You're still gaining interest every single day that passes - as long as the particular block eventually stakes.

So, I don't know when you combined your blocks of 400 into a single 1600 block, but whenever you resize blocks, it resets the days staked back to 0.

Your 1600 block should stake soon, your block of 400 could take a fair amount of time. Just leave your wallet open 24/7 to be in with more of a chance.

PS - is this page 100? Oh yessssss !  

I'd say that's pretty good going to go 100 pages with next to no haters, fud, or general problems!
HYP is going places, and it's great to be on board

Well, I don't know how the math works here, but the last stake I received was 9/22.
I've combined some of my 400 Blocks into one 1600 block of HYP. I left 1 block size of around 400 HYP which is on age 19 days. So far, nothing has staked. And yes, wallet is unlocked and on the latest version
However, it always says estimated time to reward is 1 day.

As an example....
If your block stakes after 9 days (it could be 10, 11, 12 - it's partly luck, partly due to the weight of your block, partly due to the network difficulty)
Then you'll be awarded with the interest, lets say in this case it was 500 HYP
In total you now have 2500 HYP.
The wallet will now split this into 2 equal sized blocks, so now you have:
2 Blocks of 1250 HYP each.

I hope that helps.

Im no expert but I think once block stakes it makes to new blocks of roughly equal size and you need wait for stake age again

How often is this coin staking?

If someone have 2000 coins, after he waited 9 days.
is it staking once every 9 days? or is it staking daily?

Presstab - I think it's great you're keeping a lot of small blocks in your wallet personally - as the largest holder, you have the greatest influence essentially in how many HYP are mined per day.
So, if you're only earning a small amount of HYP per block, and you're taking around 5-6% of the day's blocks (at an estimate) then effectively you're helping keep inflation lower, as only 960 blocks per day can stake.

Nice work

Right now my biggest input is 3364 HYP. I am collecting a large supply of smaller blocks under 1k. I am thinking that having lots of small blocks might be better in some respects. Staking is based off of hashing the information of each block. The more inputs you are hashing, the more likely you will hit the target. At least that is what I am thinking at this point. Also I don't mind having a higher wallet weight.

$100 is around 10k HYP now, and the daily volume is about 100k. Just try to sell in a number of small orders through a week if you can.


It will be on our site when it will be launched. You can calculate your projected earnings by hands using this formula:
total earnings = initial amount*(0.0205*interval)*number of intervals
where interval is your projected time to get reward (e.g. 10 days), and 0.0205 is the daily percentage multiplier.  

There is no point in splitting smaller than about 4000 since the wallet will split anyway every time it stakes, so all you want to avoid is that the stake size is higher than 1000, which means about 4000 input size.
That means that you need to split the initial input over 4 addresses + change (5x 20k)
and then each of those 5 inputs split again over 4 addresses + change 5x 5x 4k. Ready, just 6 transfers.
You only need to create 3 extra addresses in your wallet and also set the "change" address to one of your wallet addresses.
I have done this same for other coins that needed to be split in far smaller portions, so at one point I had over 1500 inputs
in one wallet, about half of them staking (that wallet caused a lot of computer load). I guess Presstab knows what I mean, although
he would be able to recombine inputs for his 1mio coins and only have 250 inputs of 4k.

What do you guys think of this usage scenario for my needs..

I can get around $100 of BTC a week, and I would like to start with a $500 investment in HYP (already have $40, staking away

I would like to take advantage of the 20% every 10 days, essentially use at as allowance. The $100 a week would go straight to the HYP.  What do you guys think? Does HYP have the liquidity for this?

ALSO

Is there a calculator I could use for this to see some projected earnings?

+1

+Inf. 

actually my target market is for newbie,..
 if the dev provide complete informations in one place,,.how to get started,how to buy ..etc
i'm sure  i will get new buyer here..its easy for me
like i said most of my friends is the player in online business,.but they don't know anything about crypto/hyperstake.
its hard for me to explain them..
for the dev,maybe this is the best time to modify your site..

Good catch but it doesn't scale well.
Say you bought 100k and you are creating blocks of 1.6k. This is 62 recipients.

If you can fix the RPC call and then port it to GUI, that would be really neat for new adopters and for Hypiggy.

rpc command walletpassphrase 9999999

If you don't set the final argument to true it is not set of unlock mint only and will not require password when sending. After done, just lock the wallet and then use the normal wallet unlock feature, to require password again.

Some coins have this options as a checkbox in the gui for unlock. So it will either unlock for mint only, or unlock everything.

Addnode is doing what it says, it adds given nodes to your nodes pool which are in a file called peers.dat.
When a client appears to be stuck either you wait a little or try a re-start as you did.

Oops, I did it again. This time, it is about the "premine thing" and how HyperStake will never be considered premined, since it is an inflationary coin. It is a controversial topic, so I donned my fire proximity suit.
The virtues of inflation.

Maybe by adding a verification file in the hard drive, but then it would be possible to override this behaviour to actually type the password if desired. Use case: you backed up your wallet and changed the harddrive, but forgot to backup the file. Now you lost all of your money.
Another issue with this solution is that by never actually typing your passphrase, you might end up forgetting it - do you know the phone number of your friends or does only your smartphone address book do? Personally, I do not even remember my mother's phone number (granted, she changes it often).

So, what looks like a good idea may end up terribly bad. That's the same reason why I don't use a password manager - my brain is my password manager. (and I don't use a single password, but a password scheme).

Congratulations, Mig-23. I saw you contacted me today on IRC.