Please help me to understand this snapshot thing..
Let say I have 10000 nxt and remains same during the Snapshot period, which is 91 days or 2184 hours, since the snapshot will be taken on an hourly basis...
So, at the SNAPSHOT period, my total nxt accumulated if snapshot taken on a hourly basis and then added, i.e. 21840000 NXT, which then will be divided by 2184 hours, which comes to 10000 Ardor for me... ri8???
Or my concept is totally wrong..
Let say I have 10000 nxt and remains same during the Snapshot period, which is 91 days or 2184 hours, since the snapshot will be taken on an hourly basis...
So, at the SNAPSHOT period, my total nxt accumulated if snapshot taken on a hourly basis and then added, i.e. 21840000 NXT, which then will be divided by 2184 hours, which comes to 10000 Ardor for me... ri8???
Or my concept is totally wrong..
You can use this example if i hold 10.000nxt for 14 Days with hourly snapshots.
10,000 NXT * 14 days * 24 hours / (90 days * 24 hours) = 1,555