[XSPEC] Spectrecoin | Untraceable Tx | Ring Signatures | Tor Integration - page 21.

srqrebel

full member

Activity: 256

Merit: 100

Quote from: Bitman86 on June 05, 2017, 02:25:42 PM

Quote from: srqrebel on June 05, 2017, 11:42:37 AM

Anyone heard from mandica lately? Is she still in the hospital? Hope all is well with her.

All is well with her, she's out of the hospital already.
She has two programmers, working on the project.
Soon she returns with full capacity.

That's great news! Thanks

Bitman86

full member

Activity: 263

Merit: 101

Leo Bitman

Quote from: srqrebel on June 05, 2017, 11:42:37 AM

Anyone heard from mandica lately? Is she still in the hospital? Hope all is well with her.

All is well with her, she's out of the hospital already.
She has two programmers, working on the project.
Soon she returns with full capacity.

srqrebel

full member

Activity: 256

Merit: 100

Anyone heard from mandica lately? Is she still in the hospital? Hope all is well with her.

Beachguy

legendary

Activity: 1019

Merit: 1001

Spectreproject Community Manager

Nice to have jbg back from his recent health problems.....now it will be full steam ahead.

srqrebel

full member

Activity: 256

Merit: 100

Quote from: eddietheboss on June 03, 2017, 10:13:44 AM

Hello Guys I am keeping my Xspec in my windows client and trying to staking but I have a issue.
My have around 20k xspec in my wallet by while staking my weight is only 99 and at the current network weight I will earn a reword in 37 days Cry

.
I tried to restart but the situation didn't change, anyone knows how to fix it?

How recently were the coins received in the wallet? I have found that it takes roughly 24 hrs for recently received coins to begin staking.

eddietheboss

newbie

Activity: 49

Merit: 0

Hello Guys I am keeping my Xspec in my windows client and trying to staking but I have a issue.
My have around 20k xspec in my wallet by while staking my weight is only 99 and at the current network weight I will earn a reword in 37 days Cry

.
I tried to restart but the situation didn't change, anyone knows how to fix it?

aarell

sr. member

Activity: 392

Merit: 250

Quote from: Bitman86 on June 01, 2017, 10:07:07 AM

Quote from: aarell on June 01, 2017, 06:00:15 AM

I have kept my xspec coins at poswallet exchange for staking, any other options for staking.

You must use the classic form, that is, download the wallet that corresponds to your device
(PC, MAC, WIN, LINUX, 32 or 64) and simply you handle it. It is an easy application to use.

https://github.com/spectrecoin/spectre/releases

Thanks for the info.

Bitman86

full member

Activity: 263

Merit: 101

Leo Bitman

Quote from: aarell on June 01, 2017, 06:00:15 AM

I have kept my xspec coins at poswallet exchange for staking, any other options for staking.

You must use the classic form, that is, download the wallet that corresponds to your device
(PC, MAC, WIN, LINUX, 32 or 64) and simply you handle it. It is an easy application to use.

https://github.com/spectrecoin/spectre/releases

aarell

sr. member

Activity: 392

Merit: 250

I have kept my xspec coins at poswallet exchange for staking, any other options for staking.

Rikki_Tikki_Tavi

full member

Activity: 175

Merit: 100

Hi Dev, Any news about when Bittrex will add this great coin?

Huh

Beachguy

legendary

Activity: 1019

Merit: 1001

Spectreproject Community Manager

@srqrebel - Just keep on staking ! Grin

allthebitandbobs

sr. member

Activity: 1162

Merit: 252

Quote from: theartlav on May 30, 2017, 05:16:14 PM

How does the PoS work?
If, say, i have an address with 10k XSPEC, does it mean that i should be getting extra 500 per year (5% inflation target), thus a 2.something XSPEC added every other day?
Tried to reverse engineer it, but things don't add up.

IT is more then that from m experience with 10k in coins you will get 2 coins very 3-4hours.If your staking 24 hours you should be getting 6 coins a day.I should start doing that by the way just afraid the computer will on fire are something if i leave it on to long.Also afraid of hackers with my coins (yes i know have a password but even that wont stop someone who knows what there doing),

It not be answer yet weather it better to have all your coins in one wallet staking or multi-able wallets .We thinks there a limit on staking when you hit a certain amount of coins No matter how much you have in a walltet i think 200k coins will stake the the same as a million coins .Me thinks million coins divided in 10 wallets will stakes more then1 millions in one wallet .Graph below is how i think the staking work roughly

http://imgur.com/a/RvMLl

Gandalf86

hero member

Activity: 1330

Merit: 515

Coin Mage

Quote from: srqrebel on May 30, 2017, 09:27:37 PM

Quote from: theartlav on May 30, 2017, 05:16:14 PM

How does the PoS work?
If, say, i have an address with 10k XSPEC, does it mean that i should be getting extra 500 per year (5% inflation target), thus a 2.something XSPEC added every other day?
Tried to reverse engineer it, but things don't add up.

I've been getting way more per day than what adds up to 5% per year on the amount in my wallet, while staking 24/7... closer to 20%.

I could be wrong, but I believe the 5% is calculated on the amount of existing coins, but divided up equitably among wallets which are unlocked for staking, based on the percentage of total staked coins in each wallet. If it were a straight annualized 5% of the coins in one's wallet while it is unlocked for staking, then an overall inflation target of 5% could never be achieved, because there is always a certain percentage of wallets, and coins, which are not available for staking at any given time.

Yes, that is right. 5% per year of the available supply is distributed among all nodes who are keeping their wallet online. With every block, the reward goes to one person who is currently online. Thanks for putting this right!

srqrebel

full member

Activity: 256

Merit: 100

Quote from: theartlav on May 30, 2017, 05:16:14 PM

How does the PoS work?
If, say, i have an address with 10k XSPEC, does it mean that i should be getting extra 500 per year (5% inflation target), thus a 2.something XSPEC added every other day?
Tried to reverse engineer it, but things don't add up.

I've been getting way more per day than what adds up to 5% per year on the amount in my wallet, while staking 24/7... closer to 20%.

I could be wrong, but I believe the 5% is calculated on the amount of existing coins, but divided up equitably among wallets which are unlocked for staking, based on the percentage of total staked coins in each wallet. If it were a straight annualized 5% of the coins in one's wallet while it is unlocked for staking, then an overall inflation target of 5% could never be achieved, because there is always a certain percentage of wallets, and coins, which are not available for staking at any given time.

Gandalf86

hero member

Activity: 1330

Merit: 515

Coin Mage

Quote from: theartlav on May 30, 2017, 05:16:14 PM

How does the PoS work?
If, say, i have an address with 10k XSPEC, does it mean that i should be getting extra 500 per year (5% inflation target), thus a 2.something XSPEC added every other day?
Tried to reverse engineer it, but things don't add up.

I think you got it right!

You don't need to reverse engineer anything though, everything is open source! Cool

You might also want to ask your search engine about what Proof-of-stake is and how it works.

theartlav

newbie

Activity: 13

Merit: 1

How does the PoS work?
If, say, i have an address with 10k XSPEC, does it mean that i should be getting extra 500 per year (5% inflation target), thus a 2.something XSPEC added every other day?
Tried to reverse engineer it, but things don't add up.

Beachguy

legendary

Activity: 1019

Merit: 1001

Spectreproject Community Manager

Quote from: srqrebel on May 29, 2017, 11:45:28 AM

The question was not about which exchanges this coin is listed on; it was about being accepted for use on Tor marketplaces, such as Alphabay for example.

Can anyone confirm whether it is true what this poster claimed, that every Tor marketplace requires multisig? I have never accessed any of those, but I can see how incompatibility with Tor marketplaces could inhibit the adoption of a currency whose key selling point is anonymity/untraceability.

Tor markets are actually NOT the end game of xspec. The really big money is in the private peer to peer wallet being developed for android.
Spectre.Cash will allow this. I suggest you read the website, I warn you though, there's alot of info there....so take your time.

https://spectreproject.io/

srqrebel

full member

Activity: 256

Merit: 100

Quote from: SwedishGirl on May 29, 2017, 03:48:50 PM

I can imagine $500 mil marketcap in 2018.

Me too. Spectre is showing remarkable strength in the face of a general cryptocurrency sell-off; that is an extremely bullish sign.
I feel fortunate to be a part of it this early in the game.

SwedishGirl

sr. member

Activity: 392

Merit: 250

Looking for shmexy coins!

I can imagine $500 mil marketcap in 2018.

Bitman86

full member

Activity: 263

Merit: 101

Leo Bitman

srqrebel, all your questions will be answered in time and form, be patient.
Spectrecoin is a universal currency, for all markets without exception.
There is no impediment, to use Spectrecoin, it is safe in any market.
Remember, you only need an address of receipt or shipping, according to sales or buy.
It is one thing to navigate the dark markets
and a very different thing is to trade with the Spectrecoin wallet.
Think about this, and please ask again, here until you feel safe, that Spectrecoin is universal.

Topic: [XSPEC] Spectrecoin | Untraceable Tx | Ring Signatures | Tor Integration - page 21. (Read 115693 times)