Just wait. Your weight is still very low.
Ohh, thanks. So the "estimated next stake" is completely false?  Yeah seems so. I would have got around 3 times more stakes if it were accurate. I posted the averages for me but as Angel said wieght matters - I also have a lot of old blocks. As you gain weight, the averages will move up. Luck plays a big part. I have a block of 900 that is 32 days old with 2 days left - every day it is still 2 days away. Meanwhile, many blocks of 300 & 400 hit. Angel must have much smaller blocks than me because I have many more coins but, there is not much difference in weight You know the weight don't increase past 14 days. So your 32 days old 900 coin block won't come any closer then 2 days away at any given time. In fact, since the total network weight increases, the chance of your block solving a block actually decreases every day. My oldest block is now 71 days old, but that one is only 294 coins. |
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Just wait. Your weight is still very low.
Ohh, thanks. So the "estimated next stake" is completely false? Yeah seems so. I would have got around 3 times more stakes if it were accurate. |
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Just wait. Your weight is still very low.
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When do you think paycon marketcap > paycoin marketcap?  |
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Just tried the crypto voter. This is actually amazing. Very well done!
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Halcyons market cap is now $4908. But the real value of halcyon is much lower and equal to the combined buy orders. Halcyons true value is at this time is 0,3325 btc, or $93,1.
So if I put a 10 BTC buy order at 100 sats or even lower, it will boost the real value of HAL? You gotta be kidding me. It would. Current "moneysupply" : 2336535 Buy orders on cryptsy are now for a total amount of 1193511.026 and 0.17341139 btc. If you put a 10 btc buy order at 100 sats it would create a floor price of 100 satoshi and a exit point for every hal. It would actually be enough with a 2,29 btc buy order. And the total value of hal would increase to 2,41 btc. Edit: One more observation. There is very little hal for sale. Up to 3795 satoshi (the 100 visible sell orders at cryptsy) there is only 34410 coins for sale for a total of 0.495 btc. So 0.495 btc would actually bring the price up 732%. |
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We may have a communication problem because I don't understand you either and what I do understand, doesn't make sense, to me, at all. Lets see: Phantom owns at least 70% of the total coins currently in circulation -I'm sure quite a bit more than that since he stated that a long time ago and he for sure has been staking tens of thousands of coins-. Who do you think stakes -and would stake- the vast majority of coins if your suggestion was to be accepted? See, the ONLY reason why not a single coin that is overtaken by a community has been or will ever be successful, is that the only reason for the "take over" y to try and protect the interests of those bagholders who own the majority of the coin. So, in fact, every attempted "revival" of a coin is, in fact, the launching of a new coin... only with massive pre-mine. Except that that pre-mine is called "big bagholders" but it amounts to the same thing. A project without more or less KNOWN fair distribution, cannot possibly be actually successful -the incredible NEXT being the exception, and only partially so since, given the qualities and potential of the project, it should be worth 10 times more, at least, that its current market cap and the only thing impeding it is that "distribution problem" that it has. No one with a minimum common sense will ever buy this coin, no matter how big or small the staking or the mining. With only a 10% of his holdings, Phantom could manipulate it to have a price near zero, imagine if it would reach a decent enough price, what he could do at will with it. People has learned no not put any money in project where they could lose it all at the whim of one of a few owners. That's why take-overs are never successful. And that's why this project, otherwise technically as viable as many other with a much higher market cap, will continue going to the ground inevitably. I agree in everything you say, but a higher pos % would not really change much. A higher pos % would lead to more coins on the exchange and in the long run a better distribution. But if phantom owns more then 50% of the supply, this coin is doomed to fail no matter what, unless he spread the "wealth" and reduces his holdings. Selling cheap (sell walls at market price), giving awy bounties etc. Halcyons market cap is now $4908. But the real value of halcyon is much lower and equal to the combined buy orders. Halcyons true value is at this time is 0,3325 btc, or $93,1. One more point when you talk about unfair distributions. One of the worst distributed coins ever, dashcoin, is nr. 4 on coinmarketcap. Dashcoin was extremly instamined, and right after the instamine the block rewards and total coins was reduced dramatically. They have even changed the name of the coin 3 times and people still buy into that scam. Everything is apparantly possible. |
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I thought a bit more about the real POS rate.
Total coin supply is now: 2.330.801
Maximum POS coins created in 1 year: 1.051.200
(60/2,5)*24*365*5=
Potential maximum pos % : 45,1%
But the average pos block reward is less then 5 coins and this brings the true pos rate even lower. If we do the same calculation with an avarage block reward of 4 coins instead of 5 ( this is probably more accurate), the yearly POS is only 36%.
To sum up:
It is really misleading to call this a coin with 200% pos when the actual pos return is around 36%. Of course, if you catch a block below 5 coins and you do this every time, you will get 200%, but that is not possible. On the other hand. Many people don't mint at all, so the actual POS rate for those who actually mint is much higher then 36%.
I would vote for a block size increase to meet the average pos reward of 200%. High pos coins are really popular now, and the coin supply is low. This would bring more interest and higher coins supply at the exchange.
And wouldn't that be a scam, in fact? Because if you go for what is popular -but unsustainable-, that's the anatomy of a scam, isn't it? Any and all treatments in economy that I have read, point out to the fact that any currency, crypto or otherwise, with a rate of inflation beyond 2-3% is actually non viable. The whole crypto movement is, in big part, an answer to the depreciation of FIAT which has lost 96% of it's value in the last 100 or so years. And it's average of inflation has been quite low, in fact (that's why it has taken so long to lose value). So yes, high (or hyper, as they are called) POS coins are popular right now. But they are all scams. All. Non-viable vehicles created with the sole purpose of getting money from the greedy "investors" blinded by the high staking... while the right people dump on them "responsibly" (what a term, ah?). Is that what you want this project to be? At this stage, it may very well be a scam worth trying to make some money out of an investment obviously gone bad, but "we" don't want to be scammers outright, do we? I really don't understand what you are trying to say. The inflation % (in a POS only coin) dont really matter. If it is 2%, 36% or 200% and you own 1% of the supply, you will have that same 1% of the supply as long as you help secure the network. If the coin was to become a common means of exchange, it would have been optimal with a fixed price pegged to a fiat currency, and the inflation would then have to be the same as the fiat currency. But on the other hand, bitcoin is a great mean of exchange without a pegged price thanks to the payment processors. I don't know what you define as a scam. I look at most coins as pure scams. But changing the pos percentage would not make this any more or any less of a scam, since it would not benefit some on the cost of others. All would keep their share, and that share would not change no matter what the pos percentage is. The goal should be to improve the hashrate, both pos and pow, to improve the security of the blockchain. Higher demand for the coin and higher price, whatever comes first, would achive that. |
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I thought a bit more about the real POS rate.
Total coin supply is now: 2.330.801
Maximum POS coins created in 1 year: 1.051.200
(60/2,5)*24*365*5=
Potential maximum pos % : 45,1%
But the average pos block reward is less then 5 coins and this brings the true pos rate even lower. If we do the same calculation with an avarage block reward of 4 coins instead of 5 ( this is probably more accurate), the yearly POS is only 36%.
To sum up:
It is really misleading to call this a coin with 200% pos when the actual pos return is around 36%. Of course, if you catch a block below 5 coins and you do this every time, you will get 200%, but that is not possible. On the other hand. Many people don't mint at all, so the actual POS rate for those who actually mint is much higher then 36%.
I would vote for a block size increase to meet the average pos reward of 200%. High pos coins are really popular now, and the coin supply is low. This would bring more interest and higher coins supply at the exchange.
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I split the coins in blocks of 200. When they stake, sometimes they get split into two blocks of 102,5 (or 101,6486168 if it dont hit stake cap). But sometimes they don't split and i get blocks of 205 coins. Why is this?
Is 100 the optimal block size now as griffen1102 suggest?
Blocks around 100 never splits btw.
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Do anyone got an estimate on what the annual POS rate is now?
And what is the optimal block size?
POS rate still 200% 100 HAL is a good input Its not 200% when most blocks get capped at 5 coins. |
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Do anyone got an estimate on what the annual POS rate is now?
And what is the optimal block size?
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How can you remove orphans from the transaction log?
In the newest paycon wallet there is a button in the meny: tools -> repair wallet, that removes them. But the repair wallet command don't remove orphans in halcyon.
Any estimates on what the annual POS rate actually is now?
In my last 50 blocks 77% have been capped at 5 coins.
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@solasi
I get a lot of orphans when my internett conection is bad.
You can remove the orphans from the menu, Tools -> repair wallet.
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Would it be possible to update the wallet with more advanced coin control?
To display input weight or something else? Split in X block option like paycon. A bit easier then to do it manually. You can generate a few addresses for staking and split into all of them at once. Much faster. To split into x blocks is done in a few seconds and you get all your coins in one single address. To split them manually is way to much work and it takes to long time no matter how many adresses you split the coins to. There is probably no reason to spend any time upgrading this coin, but that upgrade would make it a lot easier and maybe attract some new stakers. |
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Why doesn't this coin have a website? It seems like a very stable and healthy coin, but when you have to go to bitcointalk to download the wallet, and read about the coin in a forum thread, it really limit the number of potential users. Sorry if the topic have already been discussed. And i don't own any caps. Atleast not yet. |
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Would it be possible to update the wallet with more advanced coin control?
To display input weight or something else? Split in X block option like paycon. A bit easier then to do it manually. |
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Would it be possible to update the wallet with more advanced coin control?
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Want some coins aswell. |
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I look forward to lunokhod2's work and hope you support him,too.
Everyone knows there's something going on here.I'm glad he can stand up instead of leaving.I do not blame the people who left,in fact they had one thousand reasons for leaving.
I accepted lunokhod2 as a trustworthy person from the start,and he accomplished the anoncoin wiki which is a wonderful achievement.
Good luck to lunokhod2 and anoncoin.
+1 Well said! |
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