I'll be posting a more detailed update later this weekend on the developments of nPoS. But for now in less detail I am currently creating a Variable Weight / Active Staking incentive with Variable Interest awarded more to active Stakers then holders, i.e. those staking and securing network earn more then those holding to stake at a later time. Will include weight thresholds, logarithmic curves for Genesis Stake Weight, Trust Keys, Stake Limits, so forth.
Just about have the algorithm put together. I'll explain all the details when I finalize, coding it then releasing one final Testnet to ensure it works as it should. Got plenty of good data from this public testnet, weighted difficulties using weighted averages works perfect, now to improve the stake weighting system. I'd give this Testnet release time Monday or Tuesday, and then Full Release 1 week later. This would put my prediction for the Block Version 4 Time Lock in the Full Release to be ~ 7/13/15 when I release the Main Net binaries, possibly less though I generally like to run Mandatory Time Locks to activate at 1 Week after release.
As always, suggestions welcome.
Thank You,
Viz.
Just about have the algorithm put together. I'll explain all the details when I finalize, coding it then releasing one final Testnet to ensure it works as it should. Got plenty of good data from this public testnet, weighted difficulties using weighted averages works perfect, now to improve the stake weighting system. I'd give this Testnet release time Monday or Tuesday, and then Full Release 1 week later. This would put my prediction for the Block Version 4 Time Lock in the Full Release to be ~ 7/13/15 when I release the Main Net binaries, possibly less though I generally like to run Mandatory Time Locks to activate at 1 Week after release.
As always, suggestions welcome.
Thank You,
Viz.
thanks for the update, a week is great for the market to relax and let some new investors have some coins, there is alot of interest in this whole community
Shills
, not the left hand for the right hand
