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Topic: [XRA] RateCoin | PoS | Unique Generous Rewards | Low Supply Inflation - page 25. (Read 75141 times)

hero member
Activity: 616
Merit: 500
BTC=1GjeqWFLc4TBDg3bwdQk9ZWnEoNPCT9t6G
Your doing nothing wrong. The proof is stake difficulty is insanely high. Go into console and type "getdifficulty" :

"proof-of-stake" : 14.21965465

The only way to combat this is structure your coin control to use larger blocks. Use 50,000 or even higher.

Vegas 

Ok thats cool not a problem thanks for the timely response Vegas and Presstab I thought that may be the issue Time to get some more coins Cheesy
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
Your doing nothing wrong. The proof is stake difficulty is insanely high. Go into console and type "getdifficulty" :

"proof-of-stake" : 14.21965465

The only way to combat this is structure your coin control to use larger blocks. Use 50,000 or even higher.

Vegas  

Yes there is nothing wrong. We have just seen a large increase in difficulty since the fork.

A few things are at play making difficulty rise:
- 3 minute blocks so that there are only about 480 stakes network wide per day. This means you are competing with everyone to grab one of those.
- Lots of people that bought in and created blocks at the same time, all of which are gaining more and more stake weight by the day.

The good part about this is that high difficulty means a very secure network, and also that the max days to accumulate weight is 256 days. So a small block of 1,000 XRA could potentially reach 256,000 weight if you are patient enough. My suggestion would be to use at least 4-5k blocks and let those age and build weight for 15-20 days. Or you can always go the long term route and lock away some big blocks of 100k or so and move up the rate brackets. I have an address for both strategies.

Here is a chart to show the upward direction of the difficulty
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
Your doing nothing wrong. The proof is stake difficulty is insanely high. Go into console and type "getdifficulty" :

"proof-of-stake" : 14.21965465

The only way to combat this is structure your coin control to use larger blocks. Use 50,000 or even higher.

Vegas  
hero member
Activity: 616
Merit: 500
BTC=1GjeqWFLc4TBDg3bwdQk9ZWnEoNPCT9t6G
Im loving this coin and well presstab is a awesome dev and person but now my stakes say like 12 days  Cheesy instead of what it was  like a few hours what am I doing wrong?
legendary
Activity: 1120
Merit: 1000
https://cryptoworld.io
the mix of colors is really awesome! great job
legendary
Activity: 1078
Merit: 1011
HEY!! You have more than me.. Sad Time to buy some more.. Tongue
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
@Presstab

This may be a stupid question, but

does the 480 max stakes a day also apply to the situation when someone holds for lets say 90 days and then stakes based on the % interest. As of now, the most I can get to stake in 1 day is 8 stakes regardless of amount of blocks etc.

right now I have over 3% of the network weight on my wallet and climbing, my wallet estimates that staking should occur within 1 hour, which yes I know is a guess based on the luck of staking.

just trying to fine tune my wallet.. Smiley

Keep up the Excellent Work!!

"Network weight" is an estimate, and its a bit of a stupid one at that. Its really just based on difficulty and the speed of the blocks. To get an actual network weight we would need to do some more advanced block chain analytics.

XRA diff has gone up quite a bit, and with only 480 a day it can be hard to get as many stakes as you might like.

It might be a good strategy to use some larger blocks and age them a bit to work your way up the brackets. This had 143k XRA and took 14 days to stake, getting 185 minted. If it would have waited two more days it would have bumped up into the higher bracket and minted 317 XRA. The question to figure out is whether you could have spit that block up and staked a min reward 3 times within that period to get more reward. At the moment it might be more profitable to do that, but as diff continues to grow and lots of outputs with lots of stake weight continue to age, I predict large blocks grabbing higher rates will be the most profitable.

This is why I have also created a long term address that I am not going to actively stake. I will at least wait 128 days, if not 256.
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
updated wallet and added conf file now wont connect



{
"version" : "v2.0.0.2",
"protocolversion" : 60014,
"walletversion" : 60000,
"balance" : 161.60018897,
"newmint" : 0.00000000,
"stake" : 5270.44575145,
"blocks" : 121547,
"timeoffset" : 0,
"moneysupply" : 74601318.38801710,
"connections" : 0,
"proxy" : "",
"ip" : "0.0.0.0",
"difficulty" : {
"proof-of-work" : 21.21638181,
"proof-of-stake" : 0.00024414
},
"testnet" : false,
"keypoololdest" : 1437002012,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"mininput" : 0.00000000,
"errors" : ""
}


You missed the fork, you will need to resync from scratch. delete peers.dat, blk0001.dat, and blkindex.dat from your data directory and follow the bootstrap instructions from the OP.
legendary
Activity: 1078
Merit: 1011
It also looks like you block height is way off, mine is 116255 I think you are on the old fork. You need to delete everything in your data folder EXCEPT you wallet.dat and re-download the blockchain
legendary
Activity: 1078
Merit: 1011
Is that info truly new and up to date? Looks like it is really old based on coin supply and stake diff
legendary
Activity: 1078
Merit: 1011
you don't need a conf. file for the latest wallet. It will work fine without it.
hero member
Activity: 616
Merit: 500
BTC=1GjeqWFLc4TBDg3bwdQk9ZWnEoNPCT9t6G
updated wallet and added conf file now wont connect



{
"version" : "v2.0.0.2",
"protocolversion" : 60014,
"walletversion" : 60000,
"balance" : 161.60018897,
"newmint" : 0.00000000,
"stake" : 5270.44575145,
"blocks" : 121547,
"timeoffset" : 0,
"moneysupply" : 74601318.38801710,
"connections" : 0,
"proxy" : "",
"ip" : "0.0.0.0",
"difficulty" : {
"proof-of-work" : 21.21638181,
"proof-of-stake" : 0.00024414
},
"testnet" : false,
"keypoololdest" : 1437002012,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"mininput" : 0.00000000,
"errors" : ""
}
legendary
Activity: 1078
Merit: 1011
@Presstab

This may be a stupid question, but

does the 480 max stakes a day also apply to the situation when someone holds for lets say 90 days and then stakes based on the % interest. As of now, the most I can get to stake in 1 day is 8 stakes regardless of amount of blocks etc.

right now I have over 3% of the network weight on my wallet and climbing, my wallet estimates that staking should occur within 1 hour, which yes I know is a guess based on the luck of staking.

just trying to fine tune my wallet.. Smiley

Keep up the Excellent Work!!
hero member
Activity: 1194
Merit: 502
Things got a bit confusing to me in this thread so I'm asking. I have wallet v2.0.0.2, which shows me on block 116071 as of today. Here's the question...is this info correct?

Thanks for the reply


If in the wallet in Help\Debug window, you write the command:
getblockhash 116078

and you get this result:
f8b06880c8a35972349ec85be00f4674e322d045b4b70c700bf48a0a84b757ff

You're certainly in the right side of the fork.


And you can double check this on:
http://www.presstab.pw/phpexplorer/XRA/block.php?height=116078

Bye Bye


newbie
Activity: 3
Merit: 0
This coin is the biggest thing in 2015!!! All you fucking idiots not seeing it are missing out! To the moon!
hero member
Activity: 1064
Merit: 500
MOBU
Things got a bit confusing to me in this thread so I'm asking. I have wallet v2.0.0.2, which shows me on block 116071 as of today. Here's the question...is this info correct?

Thanks for the reply
hero member
Activity: 1194
Merit: 502
Its not very complicated, altexplorers.info never updated for the fork. They will need to update and resync. They have never been on the correct chain since July 23rd.


I was close, I have identified the symptoms, patients and care, I have only
one thing wrong ... the disease most banal. LOL !!    Cheesy  Cheesy

I thought by now altexplorers.info had already completed the update,
do you have any news on this?

But remains the problem of how to inform also the last users who still use the
old wallet and do not read this forum.
They are just wasting their time and they will never spend what are staking after the fork.

The former Dev gave you the keys of the alert system of the original wallet?

Bye Bye

full member
Activity: 264
Merit: 100
TEMCO
here waiting for the run to 500
legendary
Activity: 1123
Merit: 1000
SaluS - (SLS)
I would like to buy 2BTC worth @ 100 (negotiable) . Please PM me or contact me on IRC.
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