Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: waqarkahloon on September 16, 2017, 10:08:45 AM



Title: What is stake? widely used for bounty like 1 stake/week
Post by: waqarkahloon on September 16, 2017, 10:08:45 AM
I see in every bounty campaign that they are giving some stakes/week for signature campaign etc. can any body tell me what is that the stake? how much amount is this in btc or coins of that currency. I never got idea, searched on google but no success. Kindly share your information regarding this so that is will help others
Thanks


Title: Re: What is stake? widely used for bounty like 1 stake/week
Post by: bearex on September 16, 2017, 10:13:40 AM
It works like this:

A bounty is 1000 coins. If there is one person with one stake, he will get all the coins. If there are two people with one stake each, they will get 500 each. And so on. Bounty pool divided by total stakes gathered by participants times your stakes is how much coins you will get.

(pool / total stakes gathered by everyone) * your stakes = your coins

In the above example with 1000 coins and two people with 1 stake each:
(1000 / 2) * 1 = 500


Title: Re: What is stake? widely used for bounty like 1 stake/week
Post by: waqarkahloon on September 16, 2017, 01:27:44 PM
It works like this:

A bounty is 1000 coins. If there is one person with one stake, he will get all the coins. If there are two people with one stake each, they will get 500 each. And so on. Bounty pool divided by total stakes gathered by participants times your stakes is how much coins you will get.

(pool / total stakes gathered by everyone) * your stakes = your coins

In the above example with 1000 coins and two people with 1 stake each:
(1000 / 2) * 1 = 500
Now I got the idea behind this. Thank you so much for this explained and well understandable answer. Now I got idea how much I  will get from a pool of a special bounty campaign.


Title: Re: What is stake? widely used for bounty like 1 stake/week
Post by: Temmy007 on September 16, 2017, 02:02:05 PM
It works like this:

A bounty is 1000 coins. If there is one person with one stake, he will get all the coins. If there are two people with one stake each, they will get 500 each. And so on. Bounty pool divided by total stakes gathered by participants times your stakes is how much coins you will get.

(pool / total stakes gathered by everyone) * your stakes = your coins

In the above example with 1000 coins and two people with 1 stake each:
(1000 / 2) * 1 = 500

 I have always wondered what stake means too; I just accept anycoin i see from a bounty.  thank you for explaining


Title: Re: What is stake? widely used for bounty like 1 stake/week
Post by: NotSafe4Wurk on September 16, 2017, 02:14:36 PM
It works like this:

A bounty is 1000 coins. If there is one person with one stake, he will get all the coins. If there are two people with one stake each, they will get 500 each. And so on. Bounty pool divided by total stakes gathered by participants times your stakes is how much coins you will get.

(pool / total stakes gathered by everyone) * your stakes = your coins

In the above example with 1000 coins and two people with 1 stake each:
(1000 / 2) * 1 = 500

Clear explanation. Thank you sir


Title: Re: What is stake? widely used for bounty like 1 stake/week
Post by: Anyobsss on September 16, 2017, 02:20:24 PM
It works like this:

A bounty is 1000 coins. If there is one person with one stake, he will get all the coins. If there are two people with one stake each, they will get 500 each. And so on. Bounty pool divided by total stakes gathered by participants times your stakes is how much coins you will get.

(pool / total stakes gathered by everyone) * your stakes = your coins

In the above example with 1000 coins and two people with 1 stake each:
(1000 / 2) * 1 = 500
Wow, Didn't really know this until you explained it briefly. I've been joining bounty campaigns without really knowing how the payments work. Thank you for the information. It's Really helpful.


Title: Re: What is stake? widely used for bounty like 1 stake/week
Post by: Pasutinmeur on September 16, 2017, 02:29:27 PM
I see in every bounty campaign that they are giving some stakes/week for signature campaign etc. can any body tell me what is that the stake? how much amount is this in btc or coins of that currency. I never got idea, searched on google but no success. Kindly share your information regarding this so that is will help others
Thanks
The stakes is the percentage for you to get your shares, and you can see or try to visit the bounty thread or other the similar with it and there is a lot of explanation regarding what is the stake and how it works.
Because the stakes just applied in this place.


Title: Re: What is stake? widely used for bounty like 1 stake/week
Post by: europesss on September 16, 2017, 03:10:49 PM
You can understand it as percentage, if there are 100 stakes in total , you have 1 stake, you have 1/100 of the total tokens for a single bounty .If 1000 stakes in total , you have 1 stake , then you have 1/1000 of the total tokens for this bounty.


Title: Re: What is stake? widely used for bounty like 1 stake/week
Post by: bhoybitcoin on September 16, 2017, 04:39:30 PM
Yeah at first I didn't know what stake is but as I always reading threads makes me understand what it is and how to earn it. Thanks for the info.


Title: Re: What is stake? widely used for bounty like 1 stake/week
Post by: waqarkahloon on September 16, 2017, 07:22:18 PM
I tried to search about stake on internet as well as bitcointalk threads but I did not find any post, may be present but I did not search the right way to get threads, that is why i made this thread so many people answered with good explanation. It also helped many new members as well knowing about what is stake so Now I feel that I did help many people while help myself. Thank you everybody for giving good explanation.
Regards


Title: Re: What is stake? widely used for bounty like 1 stake/week
Post by: ktea666 on September 18, 2017, 08:43:06 PM
u must the description before joining bounty, u can look the stakes from there