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Title: Hello, can anybody me FULLY explain PPLNS and PPS reward systems? Post by: rokshis on December 20, 2013, 10:38:38 PM Hello, so I understand them a bit, but i dont fully understand the formulas , how they are counted. So lets start
Those formulas is taken from BTCGuild: PPS: 1 / Network Difficulty * 25) - Pool Fee (7.5%) ____________________________________________ PPLNS: ((Block Value + Transaction Fees) / 10) - Pool Fee (3%) _____________________________________________________ So, about PPS, Network difficulity (currently ( at the moment of writing ) is - 908,350,862 - this is the network difficulity? Correct me if im wrong anywhere. So formula in numbers is : 1 / 908,350,862 * 25 - 7,5% Right? WHAT IS THE 25? Why is it multiplied by 25? Please tell me. --------------------------------------------- About PPLNS: Block value = 25 Bitcoins right? WHAT IS THE TRANSACTION FEES? SOMEBODY EXPLAIN ME PLEASE. Why everything (Block Value + Transaction Fees) is divided by 10? PLEASE HELP ME! Title: Re: Hello, can anybody me FULLY explain PPLNS and PPS reward systems? Post by: zendantom on December 21, 2013, 12:12:05 AM So, about PPS, Network difficulity (currently ( at the moment of writing ) is - 908,350,862 - this is the network difficulity? Correct me if im wrong anywhere. So formula in numbers is : 1 / 908,350,862 * 25 - 7,5% Right? WHAT IS THE 25? Why is it multiplied by 25? Please tell me. 25 BTC Block reward So formula in numbers is : ((1 / 908,350,862) * 25) * 0.925 Reward per every submited share in BTC About PPLNS: Block value = 25 Bitcoins right? WHAT IS THE TRANSACTION FEES? SOMEBODY EXPLAIN ME PLEASE. Why everything (Block Value + Transaction Fees) is divided by 10? TRANSACTION FEES are the fees people pay for sending Bitcoin, like 0.0001 BTC per transaction. Title: Re: Hello, can anybody me FULLY explain PPLNS and PPS reward systems? Post by: olinnebit on December 21, 2013, 12:16:29 AM Have you read this? It explained it good enough for me at first; http://forum.feathercoin.com/index.php?topic=5138.0
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