Topic: Stellar Holdings (HOLD) Revamped - POS/MASTERNODE - - page 39. (Read 73940 times)

Yeah, I was just redirected here from a thread discussing best PoS coins. Now, I ditched my PoS adventure several months back. Overall, I made some profits, but after calculating the time and electricity wasted on about half of them that died suddenly, I came to a conclusion not to waste anymore of my time.

So why am I here? Need to scratch my PoS itch I guess. But exactly, after doing my own calculations, and including the premining amount that will be locked, I simply don't see how supply can match up with the APR.

@OP, the only flaw I can see here is you're not using effective APR (that is, your staking probably will not count for the full 24/7 even if you manage to leave it open. It's just an estimate). But even if we tweak your percentages to 90%, they still don't make sense.

Bought me some coins, downloaded the new mac wallet (v1.0.2.0-g32a928e) and sent over my coins last night from Cryptopia. Transaction showing as confirmed on the blockchain explorer:
http://explorer.interstellarcoin.com/address/HKWkc8b1ekWHbcKTKN22FozVXaVotBtdRd

Balance not showing on the wallet still this morning. Says its up to date at 15892.  Never had a 10 hour wait to transfer assets before. Anyone know what's up with that?

I will award 25 HOLD for the first person that will find a mistake in my logic.

Math Question about total supply:

Let's assume that I have 25000 coins, block time is 120 seconds. I start calculations from APR of 5000%, which is 13% daily.

We have around 10 days of this APR (remaining_blocks * 120 seconds/ 60/60/24)
 Beginning Balance After Staking  
1   25000           28425
2   28425           32319.225
3   32319.225   36746.95883
4   36746.95883   41781.29218
5   41781.29218   47505.32921
6   47505.32921   54013.55932
7   54013.55932   61413.41694
8   61413.41694   69827.05506
9   69827.05506   79393.36161
10   79393.36161   90270.25215

At the end of the turn we will get 90 000 coins. Great. But if we continue staking and compounding EVERY DAY, at the end of period with 7200% ROI I will get total of 8,664,956,004.65 coins.

How is it possible, it's more then total supply of the coins?


                            Blocks     Left   Seconds/block Days   APR    Daily Interest   Total Coins
2500 – 10000: 2500%   7500            x            x   0   2500   6.85%   25000
10000 – 25000: 5000%   15000   7000           120   10   5000   13.6986%   87,097.31
25000 – 80000: 750%   55000   55000   120   76   750   2.05%   411,888.19
80000 – 130000: 1000%   50000   50000   120   69   1000   2.74%   2,691,201.62
130000 – 170000: 2000%   40000   40000   120   56   2000   5.48%   52,125,453.96
170000 – 190000: 3600%   20000   20000   120   28   3600   9.86%   710,908,924.02
190000 – 200000: 7200%   10000   10000   120   14   7200   19.73%   8,664,956,004.65

Check the whitepaper, they have economy anallytics

Why do you think so? It seems clear to me

Oh, dont worry about it. I dont think they are going to loose money that way

Any user could use cloud mining and the devs are going to buy your coins to stop inflation...
Doesnt it mean they could go bankrupt really fast?

Whats wrong with it?

It is strange practise then

Cloud mining service available for all of its users irrespective of whether they are just regular users or big investors. As stated by devs

And the cloud mining is available for all users ? This is a great privilege

Oh there might be, but that is not a big problem

But doesnt it mean that there might be unnecessary power spending involved

To enter the coin forging pool and be able to earn with Interstellar Coin, one simply needs to keep the wallet online to be considered an active blockchain node

Can anyone explain to me how the cloud mining works here?

Ok, ty its nice to see that interstellar community is helping each other

You have to check the post, there is no other interstellar thread here

Any info about the bounty?

Yes, who else it might be?
Anyway the devs are trying to make a reliable coin service, so it is better to invest and maybe join a bounty

Do you mean the devs?