Topic: [XRA] RateCoin | PoS | Unique Generous Rewards | Low Supply Inflation - page 31. (Read 75139 times)
July 23, 2015, 06:34:12 PM
Starting to get some serious volume on Bittrex , things are looking great!!
July 23, 2015, 05:23:32 PM
I am looking to invest a sizable amount, anyone interested in selling off the market below going rate. (presstab or someone else who is considered trustworthy can do escrow if need be) PM me if interested
July 23, 2015, 05:21:29 PM
Confused here, the initial post states that the minimum block reward is 100XRA. Is this also the maximum? Seeing by the blockchain, I see that I set my blocks way too high if that is the case. 
Yes there is no maximum reward for XRA. Set you blocks accordingly. Right now I think best strategy is setting low blocks and letting them accumulate weight over time.
Thank you for the response presstab. What is confusing me is the blockchain and the minted amount of coins. For example:
Block Height: 113597
Stake Input: 5,426.80
Age: 8.66 Days
Weight: 46,103
Minted: 100.00
Annual PoS Rate: 77.67 %
Money Supply: 74,637,228
In this example he is staking (please correct me if I am wrong) a block of 5426.80XRA correct? Since the age is 8.66 days, according to the chart this would fall in the 5.0625% area since it is over 8 days:
else if(nAge > nTimeDay * 16)
nRewardCoinYear = 5.0625 * CENT;
else if(nAge > nTimeDay *
nRewardCoinYear = 3.375 * CENT;
The 5426.80 block of XRA should have earned 5.0625% or 274.73175 XRA, however it shows that only 100.00 XRA was minted. This is was made me think that the 100 XRA was max as well since it should be well over that amount considering the age of the block. What am I missing?
Sorry it can be a bit confusing. That 5.0625 is an annual rate, which is the standard way to quote a rate for PoS coins. So you would take that 5.06 and divide by 365 and then multiply by 8.66 days to get the rate. So that would come out to around 6.51 reward, hence it hits the min stake of 100 instead.
July 23, 2015, 05:07:52 PM
Confused here, the initial post states that the minimum block reward is 100XRA. Is this also the maximum? Seeing by the blockchain, I see that I set my blocks way too high if that is the case.
Yes there is no maximum reward for XRA. Set you blocks accordingly. Right now I think best strategy is setting low blocks and letting them accumulate weight over time.
Thank you for the response presstab. What is confusing me is the blockchain and the minted amount of coins. For example:
Block Height: 113597
Stake Input: 5,426.80
Age: 8.66 Days
Weight: 46,103
Minted: 100.00
Annual PoS Rate: 77.67 %
Money Supply: 74,637,228
In this example he is staking (please correct me if I am wrong) a block of 5426.80XRA correct? Since the age is 8.66 days, according to the chart this would fall in the 5.0625% area since it is over 8 days:
else if(nAge > nTimeDay * 16)
nRewardCoinYear = 5.0625 * CENT;
else if(nAge > nTimeDay *
nRewardCoinYear = 3.375 * CENT;
The 5426.80 block of XRA should have earned 5.0625% or 274.73175 XRA, however it shows that only 100.00 XRA was minted. This is was made me think that the 100 XRA was max as well since it should be well over that amount considering the age of the block. What am I missing?
July 23, 2015, 05:05:14 PM
Good deal, I am glad you are involved in another coin, I am sure we will see great things with this coin.. 
I totally dig the fact that you are one of the only devs that puts out Raspbian Wallets, All Devs should step up and do this for their PoS coins!!
I totally dig the fact that you are one of the only devs that puts out Raspbian Wallets, All Devs should step up and do this for their PoS coins!!
July 23, 2015, 04:41:56 PM
so what is the monthly or yearly stake rate for this coin? I see there is a minimum stake amount, and blocks should be between 1-5k
It is hard to say. If you are patient and create small blocks and let them build weight for a long time you can get very generous returns by playing the minimum reward. If not you can get up to around 25% if you hold for 256 days or more. See the OP for the break down of the brackets. I think best bet is to play small blocks at the moment.
July 23, 2015, 04:14:24 PM
so what is the monthly or yearly stake rate for this coin? I see there is a minimum stake amount, and blocks should be between 1-5k
July 23, 2015, 02:58:14 PM
I know Fishmaster42 figured it out (IRC chat), but if anyone else wants to know, here is a video presstab made on how to split blocks.
https://www.youtube.com/watch?v=6H4Xi3zr21g&noredirect=1
Thank you sir, you were nice enough to help me on IRC. I split all mine below 5k so lets see what that does https://www.youtube.com/watch?v=6H4Xi3zr21g&noredirect=1
Do we have information on how to split. For those who have never do it before. I see the inputs so i know i select one of them then click ok. then i see the split block check that and how many blocks i want. i put 10 ( i want to split a 7k block. but what do i do next? not sure what to do. Thanks anyone for some help.
July 23, 2015, 02:45:51 PM
I know Fishmaster42 figured it out (IRC chat), but if anyone else wants to know, here is a video presstab made on how to split blocks.
https://www.youtube.com/watch?v=6H4Xi3zr21g&noredirect=1
https://www.youtube.com/watch?v=6H4Xi3zr21g&noredirect=1
Do we have information on how to split. For those who have never do it before. I see the inputs so i know i select one of them then click ok. then i see the split block check that and how many blocks i want. i put 10 ( i want to split a 7k block. but what do i do next? not sure what to do. Thanks anyone for some help.
July 23, 2015, 02:15:10 PM
Do we have information on how to split. For those who have never do it before. I see the inputs so i know i select one of them then click ok. then i see the split block check that and how many blocks i want. i put 10 ( i want to split a 7k block. but what do i do next? not sure what to do. Thanks anyone for some help.
July 23, 2015, 11:45:18 AM
Did we figure out what is the optimum block size?
I would try 1-5k blocks and see how that works for you.
July 23, 2015, 11:44:50 AM
Confused here, the initial post states that the minimum block reward is 100XRA. Is this also the maximum? Seeing by the blockchain, I see that I set my blocks way too high if that is the case.
Yes there is no maximum reward for XRA. Set you blocks accordingly. Right now I think best strategy is setting low blocks and letting them accumulate weight over time.
July 23, 2015, 11:10:34 AM
What happens to XRA, why is the difficulty so so high today, what happens can someone tell me ?
Fork happened and many many people unlocked wallets to get the new 100XRA stake reward.
Well i didnt know what is happening so i think that i will be backk to normal again after this is finished ?
July 23, 2015, 11:01:16 AM
Did we figure out what is the optimum block size?
July 23, 2015, 10:40:58 AM
Confused here, the initial post states that the minimum block reward is 100XRA. Is this also the maximum? Seeing by the blockchain, I see that I set my blocks way too high if that is the case.
July 23, 2015, 10:20:33 AM
What happens to XRA, why is the difficulty so so high today, what happens can someone tell me ?
Fork happened and many many people unlocked wallets to get the new 100XRA stake reward.
July 23, 2015, 10:16:14 AM
What happens to XRA, why is the difficulty so so high today, what happens can someone tell me ?
July 23, 2015, 10:15:17 AM
v2.0.0.2 is the current version. download pre-compiled builds from:
https://github.com/presstab/ratecoin/releases/tag/v2.0.0.0
(yes, the tag version is the older v2.0.0.0 tag...we're going to fix that)
if you have to compile on your own, just clone the repo directly and compile from that.
https://github.com/presstab/ratecoin/releases/tag/v2.0.0.0
(yes, the tag version is the older v2.0.0.0 tag...we're going to fix that)
if you have to compile on your own, just clone the repo directly and compile from that.
July 23, 2015, 09:37:02 AM
2 questions, sorry i got tired of back reading the thread LOL
question 1 what block was the fork?
question 2 is v2.0.0.1 the current version for the fork?
question 1 what block was the fork?
question 2 is v2.0.0.1 the current version for the fork?
July 23, 2015, 09:05:29 AM
wow moontime.. thanks for the profit 
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