Topic: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico - page 115. (Read 446098 times)

Quote from: crazyivan on July 12, 2015, 02:52:43 PM

Hello people of tek!
1). what happens after 60 days age?
2). how exactly the weight is affecting payout?
thank you! peace

1. After 60 days, your coins will continue to gain weight... After 90 days, they stop, so everything else being equal (such as PoS difficulty), you won't get any larger stake by waiting any longer
2. The weight affects how quickly your coins will stake. The larger the amount per block (i.e. the more weight it has), the sooner it will stake, so it makes sense to combine smaller blocks by sending them to yourself in a single larger block. (If everyone combines their TEK into larger blocks, it will also have the added benefit of reducing the PoS difficulty, which will increase the overall interest rate...)

So does it make the stake larger? or it only speeds up the payout when wallet is open?
thank you

Increasing the value of the block will make it stake quicker - single-handedly it won't increase the interest percentage. That is affected by the number of wallets staking at the same time - more wallets staking means an increase in PoS difficulty and therefore a decrease in interest rate. (It's how TEK handles the inflation caused by more coins becoming available)

I think 30 days is a stake period, regardless of the block size.

Well done explanation. Thank you for sharing.

Azkhabar

member

Activity: 108

Merit: 10

I think 30 days is a stake period, regardless of the block size.

The 30 days are the time to get your coins mature. If your wallet is unlocked when the 30 days are over your can stake right away if you have a big block or it can takes a few hours or days is your blocks are smalls.
The hint being to unlock the wallet when the difficulty is lower in order to get a better reward %. For this you can check the wonderful site Presstab has done (will we ever thank you enough? Grin

): http://www.presstab.pw/phpexplorer/TEK/index.php

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: walkdev on July 12, 2015, 06:29:39 AM

Quote from: gribgo on July 12, 2015, 06:22:42 AM

Quote from: gribgo on July 12, 2015, 06:22:42 AM

Hello people of tek!
1). what happens after 60 days age?
2). how exactly the weight is affecting payout?
thank you! peace

1. After 60 days, your coins will continue to gain weight... After 90 days, they stop, so everything else being equal (such as PoS difficulty), you won't get any larger stake by waiting any longer
2. The weight affects how quickly your coins will stake. The larger the amount per block (i.e. the more weight it has), the sooner it will stake, so it makes sense to combine smaller blocks by sending them to yourself in a single larger block. (If everyone combines their TEK into larger blocks, it will also have the added benefit of reducing the PoS difficulty, which will increase the overall interest rate...)

So does it make the stake larger? or it only speeds up the payout when wallet is open?
thank you

Increasing the value of the block will make it stake quicker - single-handedly it won't increase the interest percentage. That is affected by the number of wallets staking at the same time - more wallets staking means an increase in PoS difficulty and therefore a decrease in interest rate. (It's how TEK handles the inflation caused by more coins becoming available)

I think 30 days is a stake period, regardless of the block size.

walkdev

full member

Activity: 125

Merit: 100

Hello people of tek!
1). what happens after 60 days age?
2). how exactly the weight is affecting payout?
thank you! peace

1. After 60 days, your coins will continue to gain weight... After 90 days, they stop, so everything else being equal (such as PoS difficulty), you won't get any larger stake by waiting any longer
2. The weight affects how quickly your coins will stake. The larger the amount per block (i.e. the more weight it has), the sooner it will stake, so it makes sense to combine smaller blocks by sending them to yourself in a single larger block. (If everyone combines their TEK into larger blocks, it will also have the added benefit of reducing the PoS difficulty, which will increase the overall interest rate...)

So does it make the stake larger? or it only speeds up the payout when wallet is open?
thank you

Increasing the value of the block will make it stake quicker - single-handedly it won't increase the interest percentage. That is affected by the number of wallets staking at the same time - more wallets staking means an increase in PoS difficulty and therefore a decrease in interest rate. (It's how TEK handles the inflation caused by more coins becoming available)

gribgo

sr. member

Activity: 298

Merit: 250

Hello people of tek!
1). what happens after 60 days age?
2). how exactly the weight is affecting payout?
thank you! peace

1. After 60 days, your coins will continue to gain weight... After 90 days, they stop, so everything else being equal (such as PoS difficulty), you won't get any larger stake by waiting any longer
2. The weight affects how quickly your coins will stake. The larger the amount per block (i.e. the more weight it has), the sooner it will stake, so it makes sense to combine smaller blocks by sending them to yourself in a single larger block. (If everyone combines their TEK into larger blocks, it will also have the added benefit of reducing the PoS difficulty, which will increase the overall interest rate...)

So does it make the stake larger? or it only speeds up the payout when wallet is open?
thank you

walkdev

full member

Activity: 125

Merit: 100

Quote from: TimSweat on July 11, 2015, 03:52:53 AM

Hello people of tek!
1). what happens after 60 days age?
2). how exactly the weight is affecting payout?
thank you! peace

1. After 60 days, your coins will continue to gain weight... After 90 days, they stop, so everything else being equal (such as PoS difficulty), you won't get any larger stake by waiting any longer
2. The weight affects how quickly your coins will stake. The larger the amount per block (i.e. the more weight it has), the sooner it will stake, so it makes sense to combine smaller blocks by sending them to yourself in a single larger block. (If everyone combines their TEK into larger blocks, it will also have the added benefit of reducing the PoS difficulty, which will increase the overall interest rate...)

gribgo

sr. member

Activity: 298

Merit: 250

Hello people of tek!
1). what happens after 60 days age?
2). how exactly the weight is affecting payout?
thank you! peace

gribgo

sr. member

Activity: 298

Merit: 250

I like this coin and always have , i have some staking in a staking pool online since i have a cap on my internet . but have done very well on the amount i deposited for staking and will let it continue to stake . at least till the price goes up more .

Hi! Where do you stake your coins?
Thank you

TimSweat

sr. member

Activity: 392

Merit: 250

TimSweat

I like this coin and always have , i have some staking in a staking pool online since i have a cap on my internet . but have done very well on the amount i deposited for staking and will let it continue to stake . at least till the price goes up more .

gribgo

sr. member

Activity: 298

Merit: 250

Hi! All does this page in presstabs project look ok? (when you go to Charts > POS Charts)

http://www.presstab.pw/phpexplorer/TEK/charts.php?type=posdifficulty

Presstab, please can you check this chart?
Thank you

aSmallChild666

newbie

Activity: 45

Merit: 0

Quote from: gribgo on July 10, 2015, 01:53:05 PM

Quote from: thundertoe on July 10, 2015, 01:28:08 PM

Quote from: Ztraven on July 09, 2015, 04:09:34 AM

Quote from: thundertoe on July 06, 2015, 08:38:39 PM

Quote from: thundertoe on July 10, 2015, 01:28:08 PM

Another stake just came in at 16% at a difficulty of approx. 0.00328. Are there any explorers that map difficulty on an hourly/daily basis?

PressTab made a really nice one here http://www.presstab.pw/phpexplorer/TEK/index.php

Thanks. Today's explorer charts show that sub-0.003 POS difficulties are still possible.

Still seeing a downtrend in pos diff right now, it went below .002 earlier.

Yes we can see 0.0019xx diff floor
If there is someone - who has any weight > must unlock the wallet for POS to catch this moment

peace

Nope, went below 0.0018 already. My patience may yet pay off.

gribgo

sr. member

Activity: 298

Merit: 250

Quote from: Ztraven on July 09, 2015, 04:09:34 AM

Quote from: thundertoe on July 06, 2015, 08:38:39 PM

Quote from: Ztraven on July 09, 2015, 04:09:34 AM

Another stake just came in at 16% at a difficulty of approx. 0.00328. Are there any explorers that map difficulty on an hourly/daily basis?

PressTab made a really nice one here http://www.presstab.pw/phpexplorer/TEK/index.php

Thanks. Today's explorer charts show that sub-0.003 POS difficulties are still possible.

Still seeing a downtrend in pos diff right now, it went below .002 earlier.

Yes we can see 0.0019xx diff floor
If there is someone - who has any weight > must unlock the wallet for POS to catch this moment

peace

thundertoe

legendary

Activity: 938

Merit: 1000

Quote from: thundertoe on July 06, 2015, 08:38:39 PM

Quote from: thundertoe on July 06, 2015, 08:38:39 PM

Another stake just came in at 16% at a difficulty of approx. 0.00328. Are there any explorers that map difficulty on an hourly/daily basis?

PressTab made a really nice one here http://www.presstab.pw/phpexplorer/TEK/index.php

Thanks. Today's explorer charts show that sub-0.003 POS difficulties are still possible.

Still seeing a downtrend in pos diff right now, it went below .002 earlier.

Ztraven

newbie

Activity: 31

Merit: 0