Topic: [XRA] RateCoin | PoS | Unique Generous Rewards | Low Supply Inflation - page 3. (Read 75129 times)

What is the age of your output? That is also important. Its also important to keep it staking as many hours a day as you can, which increases your odds since PoS mining is iterated via unix time stamps.

search-interval is sort of complicated to explain, but it has to do with how your wallet iterates the hashing of your output. It attempts to make it so you don't try to stake the same timestamp over and over. In HyperStake's hashing protocol I redesigned a lot of this portion, and also allowed it to be customizable by the user via RPC commands. May do that for XRA as well.

Nice giveaway!

I will give for free my 1000XRA for my claimed address to the first one who claim an address in the range 150-170  (the address must be created in the 2015)

Happy new year!

this is one of the confounding things about staking coins.

currently avg stake weight is about 100,000
i currently have a weight of 1,071,350 in one input .. yet it hasn't staken. staked. stooken(?)

is there something i'm missing?


> getstakinginfo

{
    "enabled" : true,
    "staking" : true,
    "errors" : "",
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "pooledtx" : 0,
    "difficulty" : 45.23640168,
    "search-interval" : 1,
    "weight" : 1071350,
    "netstakeweight" : 1143780175,
    "expectedtime" : 192169
}

--
edit.
i dont leave it open 24/7 but run it for 3 hours twice a day. will change such regime as see if it helps.

question.
can someone tell me how/what search-interval is and what it does etc...
    "search-interval" : 1,

At the moment all alt coins are speculative, nothing more, nothing less. Only BTC has "some" footprint in the financial world.
Coin is nothing more than a blockchain, a coin is as strong as its blockchain. If any financial institution was trying to decide to pick a blockchain to go with in order to provide services on it, one of the aspects they would consider is the network difficulty, the overall health of the chain and the de/centralization of it. So what I like about presstabs coins is that he finds creative ways to keep the chain strong, its up to service providers to realize this and use it if they please.  

What gives BTC added value and consideration is the network diff. However, I believe BTC is on a path of centralization to handful of ASIC manufactures and is very resource wasteful.

I believe PoS is the future as it wastes no resource and could be just as secure.  

So by presstab experimenting with different methods to incentives stakers, he is fine-tunning and finding ways to create a PoS blockchain that will one day be just as secure as bitcoin if not more, plus added features with none of the resource waste.

Hyperstake has one of the highest diffs of in the realm of PoS coins because of the incentive and inflation control structure.

Within IRC #Ratecoin, Presstab has discussed his plans for XRA, which I found them to be very innovative and exiting, I personally cant wait. (I'll let him elaborate on this)

btw, what also makes XRA and HYP stand out is the fun factor of staking, given the inflation controls and specs in place, it makes it worth wile to get hands on with staking, to try out different strategies, utilize his blockexplorer to figure out how to optimize your staking.

So its really not developers job to find financial uses for the blockchain, his "job" is to keep optimizing the chain and not waste his energy on things that he might not even be good at. Thats for the community and service providers to figure out, he should stick to what he does best, Innovate and improve his creations.


Offline time still counts (Input weight still increases) however, it will only stake if the wallet/block is unlocked. So its best to keep it unlocked, this way, you would have better chance of staking sooner and in process compound faster.

Thanks for your efforts, Kushedout.

What's the purpose of this coin? I know, presstab is a developer with good reputation. The concept of distribution and staking sounds interesting. But next to buying, staking and selling there must be a plan for more. Sitting on loads of coins is nice but there will be a point when you want to sell or spend some.

With the unique(?) PoS concept, it would be a good instrument for investors looking for alternatives to direct FIAT investments. Would this be a niche to occupy?

Newbie question: Do I need to leave the wallet open for staking or does offline-time also count (like it works with XMG for example)?

---

Exchange Request Links:
Poloniex   https://www.poloniex.com/coinRequest
Bittrex   https://bittrex.zendesk.com/hc/en-us/requests/new
Bleutrade   https://bleutrade.zendesk.com/hc/en-us/requests/new
Cryptopia   https://www.cryptopia.co.nz/Home/Voting#requestform   
      Vote XRA - https://www.cryptopia.co.nz/Home/Voting
HitBTC   https://hitbtc.com/support
C-CEX   https://c-cex.com/?id=vote#suggest
   
Coin Info:
Name      RateCoin
symbol   XRA
Dev:       Presstab
Logo      https://github.com/presstab/ratecoin/blob/master/src/qt/res/icons/RATECoin-256.png
Gethub      https://github.com/presstab/ratecoin
Bitcointalk Ann:   https://bitcointalksearch.org/topic/xra-ratecoin-pos-unique-generous-rewards-low-supply-inflation-1119477
Launch Date:   July 12, 2015
Block Explorer   http://xra.presstab.pw
IRC:       http://webchat.freenode.net/?channels=#ratecoin
Social Media
-IRC:       http://webchat.freenode.net/?channels=#ratecoin
-cryptocointalk:   https://goo.gl/mliqCX
-altcointalk:       http://goo.gl/0qytac
-altcoinsfoundation:    https://goo.gl/VLAh7L
-bitcoingarden:       http://goo.gl/4nT07w

---

Guys, if you don't mind and if time permits, could you please submit a request to the exchanges listed above to have XRA added? I provided relevant information to make the process fast and as painless as possible  

Please Retweet Giveaway - https://twitter.com/Kushed_Crypto/status/681560429999489024

Thanks you.



Suggestions are welcome...

I love the idea of this coin! Will be picking some up and staking ASAP! 

I am compiling list of exchanges, links and Coin Info template.  Will post it when done.

What about Poloniex?
Good to hear you are in touch with Bittrex but I guess you're right about the volume. For coins with lower trading volume it's always a pain to generate "artificial" volume in order to not getting delisted by Bittrex. Sad to see exchanges prefer scammy shitcoins with short time volume over serious coins with lower volume.

Kushed thanks for taking the initiative with the giveaway!!

Also for anyone asking about faucets, I think yobit still has one on their free coins page. Concerning bittrex, I did get in contact with them but haven't heard back in the last week. Maybe they decided XRA is not high volume enough for them? For now we do have Cryptsy and Yobit. Bleutrade could be interesting, as well as Cryptopia.

Great idea Kushed,

Hope everyone had a great holiday. That the new year may be fantastic for Ratecoin.

Cheers
Robbert

Yes, including already claimed addresses.  All is needed is a PM (for a reason)  

Already sent a few out today, good turnaround so far. 

I dont know if this question have done, i have not seen it previously if it was did please tell me and i will delete the post .

Does ratecoin have actually some working faucet?

Very kind of you, I have sent you a PM and am sat there in position 77

Thanks
Crunck

what about people that are already claimed and in the top 100? do we still need to PM you?

Wow Kushed in the Holiday Spirit. I think that would be super if we could get all 100 signed in. Great idea

PM me your address once completed.


Thank you!

-Kushed

Guys, when you get a chance, please submit a request to get XRA listed on Bleutrade.com

Instructions: https://bleutrade.zendesk.com/hc/en-us/articles/205260525-Submitting-a-new-coin-to-Bleutrade-Updated-07-13-15

Coin Request: https://bleutrade.zendesk.com/hc/en-us/requests/new

Template:

Name=RateCoin
symbol=XRA
Logo= https://github.com/presstab/ratecoin/blob/master/src/qt/res/icons/RATECoin-256.png
Gethub= https://github.com/presstab/ratecoin
Bitcointalk Ann.= https://bitcointalksearch.org/topic/xra-ratecoin-pos-unique-generous-rewards-low-supply-inflation-1119477
Launch Date=July 12, 2015
Block Explorer= http://xra.presstab.pw
IRC: http://webchat.freenode.net/?channels=#ratecoin
Social Media
-IRC: http://webchat.freenode.net/?channels=#ratecoin
-cryptocointalk: https://goo.gl/mliqCX
-altcointalk: http://goo.gl/0qytac
-altcoinsfoundation: https://goo.gl/VLAh7L
-bitcoingarden: http://goo.gl/4nT07w

Add additional comments if you wish.


Thanks!

I will send you the email if you dont already have it. PM on here. Thanks Presstab and Have Merry Christmas.