Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 304. (Read 679335 times)
September 27, 2014, 03:40:51 PM
First signs of vandalism on HyperStake Wiki detected:
September 27, 2014, 11:52:16 AM
when staking will be paid?..
how if i never open my wallet,..is staking still work?
how if i never open my wallet,..is staking still work?
Think of staking as a possibility to make your computer a super flexible miner you can upgrade not by buying an additional hardware, but by buying or minting more coins. Staking is a process of finding a hash (just like with the Bitcoin mining), but apart from the target there is an another operand to compare hashes with, the block weight, which comes from the multiplication of the block age and size. The more weight your block has, the more chances exist that a hash will be found. When you don’t open a wallet, your blocks accumulate weight, but the process of hashing isn’t active, just like with a miner turned off. If your wallet is open, when a block reaches the min age of 8.8 days, the process of minting begins. When a correct hash is found, you get a reward, just like with Bitcoin. You can open your wallet from time to time after 8.8 days of block maturity, but it's better to keep it open 24/7, if you have mature blocks.
Here is a more detailed article about PoS.
about staking coin,..is this will be paid automatically in my wallet?
I once flew a Mig-17
At any rate, to answer your question, yes. It will stake, which will show in your wallet, and once it is accepted by the network and confirms a certain number of times (can't recall, but it's probably in the OP) it will appear in your wallet as a mined transaction. It will split into two roughly equal blocks that are the original amount plus the newly minted coins.
Is this your first Proof of Stake coin? If so, you made a good choice of entry point. HYP has few if any problems in it's function, and a very good developer.
September 27, 2014, 11:46:24 AM
when staking will be paid?..
how if i never open my wallet,..is staking still work?
how if i never open my wallet,..is staking still work?
Think of staking as a possibility to make your computer a super flexible miner you can upgrade not by buying an additional hardware, but by buying or minting more coins. Staking is a process of finding a hash (just like with the Bitcoin mining), but apart from the target there is an another operand to compare hashes with, the block weight, which comes from the multiplication of the block age and size. The more weight your block has, the more chances exist that a hash will be found. When you don’t open a wallet, your blocks accumulate weight, but the process of hashing isn’t active, just like with a miner turned off. If your wallet is open, when a block reaches the min age of 8.8 days, the process of minting begins. When a correct hash is found, you get a reward, just like with Bitcoin. You can open your wallet from time to time after 8.8 days of block maturity, but it's better to keep it open 24/7, if you have mature blocks.
Here is a more detailed article about PoS.
about staking coin,..is this will be paid automatically in my wallet?
September 27, 2014, 11:15:33 AM
Almost back in the game I have a block that should stake at any time, and it will likely exceed the subsidy block. Probably because it was mature the day I went on the road and I just got the wallet open today, three weeks later
I am curious to see how that plays out. the block is 1600 HYP, the original recommended size, but with what I'm seeing here in the thread, smaller blocks might actually be better?
At any rate, glad things are still working well, and the new wallet is very nice.
I have a block that should stake at any time, and it will likely exceed the subsidy block. Probably because it was mature the day I went on the road and I just got the wallet open today, three weeks later I am curious to see how that plays out. the block is 1600 HYP, the original recommended size, but with what I'm seeing here in the thread, smaller blocks might actually be better?
At any rate, glad things are still working well, and the new wallet is very nice.
September 27, 2014, 01:29:00 AM
when staking will be paid?..
how if i never open my wallet,..is staking still work?
how if i never open my wallet,..is staking still work?
Think of staking as a possibility to make your computer a super flexible miner you can upgrade not by buying an additional hardware, but by buying or minting more coins. Staking is a process of finding a hash (just like with the Bitcoin mining), but apart from the target there is an another operand to compare hashes with, the block weight, which comes from the multiplication of the block age and size. The more weight your block has, the more chances exist that a hash will be found. When you don’t open a wallet, your blocks accumulate weight, but the process of hashing isn’t active, just like with a miner turned off. If your wallet is open, when a block reaches the min age of 8.8 days, the process of minting begins. When a correct hash is found, you get a reward, just like with Bitcoin. You can open your wallet from time to time after 8.8 days of block maturity, but it's better to keep it open 24/7, if you have mature blocks.
Here is a more detailed article about PoS.
September 27, 2014, 12:24:51 AM
In order to stake does the wallet have to be running 24/7? With other PoS coins you just need to open the wallet every few days, is HYP the same?
thanks
thanks
Yep, HYP is the same.
Yes, is the same, but if you'll open your wallet from time to time, you will decrease your chances of finding a correct hash, even though the weight will be still gained. It means that staking will be less regular, and if you'll open your wallet once a month, for example, some of your blocks can reach the limit of max subsidy.
September 27, 2014, 12:17:06 AM
Even though PoW has ended, is it possible to mine HYP in a multipool?
This service is under consideration.
September 26, 2014, 09:26:24 PM
when staking will be paid?..
how if i never open my wallet,..is staking still work?
how if i never open my wallet,..is staking still work?
September 26, 2014, 06:15:16 PM
Even though PoW has ended, is it possible to mine HYP in a multipool?
September 26, 2014, 06:04:31 PM
In order to stake does the wallet have to be running 24/7? With other PoS coins you just need to open the wallet every few days, is HYP the same?
thanks
thanks
Yep, HYP is the same.
September 26, 2014, 05:47:27 PM
So, I've had today my first block, that actually reached the 1k interest limit.... and it's still gaining weight.
I was really quite surprised to see it go past the 1k limit, but it did none the less. I'm surprised because I have 2 wallets, and my other wallet which has blocks with much lower weight have been happily staking, whilst this particular block just keeps hanging on!
Is this the "potential Stake" value that goes beyond 1000?I was really quite surprised to see it go past the 1k limit, but it did none the less. I'm surprised because I have 2 wallets, and my other wallet which has blocks with much lower weight have been happily staking, whilst this particular block just keeps hanging on!
I have only 2 day old (young) inputs in my wallet, so their weight is still 0
but I can see the potential stake value increase by about 20 for 1000 coindays
For other PoS coins, I have also seen blocks go till max maturity and still not staking. It is a random process and sometimes, you are just not lucky.
September 26, 2014, 02:20:39 PM
Wow just forgot that I had my main wallet running with only a single connection to my server (for security purposes)... and I updated ubuntu on my server yesterday and forgot to restart HYP on it! So my main wallet has been off on its own little forking adventure over the past 18 hours. So you are welcome everyone for the low diff!
That actually explains a lot... Thanks! Feel free to do this more often sir!
Now we know who to blame if diff is sky high !
You shouldn't blame a backbone
September 26, 2014, 11:55:01 AM
Wow just forgot that I had my main wallet running with only a single connection to my server (for security purposes)... and I updated ubuntu on my server yesterday and forgot to restart HYP on it! So my main wallet has been off on its own little forking adventure over the past 18 hours. So you are welcome everyone for the low diff!
That actually explains a lot... Thanks! Feel free to do this more often sir!
Now we know who to blame if diff is sky high !
September 26, 2014, 11:53:58 AM
I have a block of 4250 HYP that is 15 days old. Just remember that hashing is random, but coin weight makes it more likely to stake.
Yep I know, because of this random factor I gave up to create a 9 days spread. 
September 26, 2014, 10:33:12 AM
Wow just forgot that I had my main wallet running with only a single connection to my server (for security purposes)... and I updated ubuntu on my server yesterday and forgot to restart HYP on it! So my main wallet has been off on its own little forking adventure over the past 18 hours. So you are welcome everyone for the low diff!
That actually explains a lot... Thanks! Feel free to do this more often sir!
September 26, 2014, 10:23:09 AM
I have a block of 4250 HYP that is 15 days old. Just remember that hashing is random, but coin weight makes it more likely to stake.
What do you mean by weight? What kind of measure is weight?
Weight = days beyond 8.8 * coin amount
You can see weight displayed in coin control.
September 26, 2014, 10:21:24 AM
I have a block of 4250 HYP that is 15 days old. Just remember that hashing is random, but coin weight makes it more likely to stake.
What do you mean by weight? What kind of measure is weight?
September 26, 2014, 10:19:38 AM
Wow just forgot that I had my main wallet running with only a single connection to my server (for security purposes)... and I updated ubuntu on my server yesterday and forgot to restart HYP on it! So my main wallet has been off on its own little forking adventure over the past 18 hours. So you are welcome everyone for the low diff!
September 26, 2014, 09:36:10 AM
I have a block of 4250 HYP that is 15 days old. Just remember that hashing is random, but coin weight makes it more likely to stake.
September 26, 2014, 09:17:41 AM
My record reward for 1600 Hyp = 670
Took for ever before it finally staked.
Took for ever before it finally staked.
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