35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN
This would mean that you will get 10% daily for a year. I think it's rather: coin * 1,0365 + coin * 1.1^8 for one year. yes it s the annual rate for a year. but it is limited to 10 days. See below : if(nHeight < (7 * DAILY_BLOCKCOUNT))
nRewardCoinYear = 1 * MAX_MINT_PROOF_OF_STAKE;
else if(nHeight < (18 * DAILY_BLOCKCOUNT))
nRewardCoinYear = 35159056994887200 * MAX_MINT_PROOF_OF_STAKE; We have the normal rate for the first 7 days. And from 7 to 18 first days we have the super POS rate, currently setted to 1% daily. OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% DailyYes and code says otherwise, but you are free to inspect it. 35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN <-- This is wrong! (1.1^365)/0.0365 = 3.5159... * 10^16 Please this is exactly the same 35159056994887200 = 3.5159... * 10^16 Your last 4 digits are wrong, must be ...6375. But anyway, this number is far too big to be taken seriously. Sorry if you didn t understand the point. My english is so limited. But at the end, this is the reason why you are not seing the 10% daily in your wallet. Maybe someone who can understand what i m saying explain to him? edit : i tried to help. I don t have any YC and will not have it. Way too many premine to be interesting. I m not spreading FUD, the code is from github. Everybody can have a look at it. Okay - look at block 30,000: http://www.yellow-coin.com:1777/block/f9b633160be64a4623ec9e7a1f519629bc98b096fe8748445d787e0fbfd66256Here we have 2000.2326 staked coins and a PoS reward of 0.2267 coins. That works out to a little over 0.012% for 1.2378 coin days. Now look at block 40,000: http://www.yellow-coin.com:1777/block/72e2be488847c607cb74ec1ef69717e64f313278f40549aa09febd6f8d10f077We have 50.7303 staked coins and a PoS reward of 0.0087 coins. That works also works out to a little over 0.017% for 1.48689 coin days. According to the code, the reward for block 40,000 should be 10,000 times the reward for block 30,000. Regardless of whether 10,000 is the right number to use, it isn't even doing that. There is another issue! |
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35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN
This would mean that you will get 10% daily for a year. I think it's rather: coin * 1,0365 + coin * 1.1^8 for one year. yes it s the annual rate for a year. but it is limited to 10 days. See below : if(nHeight < (7 * DAILY_BLOCKCOUNT))
nRewardCoinYear = 1 * MAX_MINT_PROOF_OF_STAKE;
else if(nHeight < (18 * DAILY_BLOCKCOUNT))
nRewardCoinYear = 35159056994887200 * MAX_MINT_PROOF_OF_STAKE; We have the normal rate for the first 7 days. And from 7 to 18 first days we have the super POS rate, currently setted to 1% daily. OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% DailyYes and code says otherwise, but you are free to inspect it. 35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN <-- This is wrong! (1.1^365)/0.0365 = 3.5159... * 10^16 Please this is exactly the same 35159056994887200 = 3.5159... * 10^16 Regardless of whether the numbers are wrong, there must be another issue as well. The reward rate did not change when it was supposed to. It is still rewarding at 0.01% per day (3.65% per year). |
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Thank god the dev is alive. What about the 10% issue?
or maybe 10% at day 18 not really daily basis imagine you will double your balances in your wallet if daily basis, lol That is exactly what we all were counting on - mining for 7 days, and then watching our balances double over the next 10 days. |
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If PoW has ended, why is the network hash rate still 48GH/s?
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why is there no clarification from dev for the 10% question?
fact is we don't even get near 10% and i like to know if there is a problem with the code, if there will be a fix soon, question over question and no official statement ....
if we dont get clarification on this i will drop my 50k soon
I hope the reason he/she isn't responding is that he/she is hard at work fixing this issue. The coin is instantly worth a whole lot less without the 10% / day. |
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after more than 24hrs. i received a coin to my wallet   Hmmmm. No unconfirmed balance. It looks like it might be an orphan. Check under transactions and see what it says. |
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Looking at the block explorer, it seem like every block has a single PoS reward, for just one wallet address. Is that normal? Shouldn't there be other transactions? If only one person is getting PoS rewards at a time, there aren't going to be enough blocks in a day to reward everyone.
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just threw a photo
how long to wait?
I don't know. Every couple of hours some of my coins move to "Stake", and then a reward is generated. Some people report this happening several times an hour. But for me it is much less frequent than that. Also, it isn't paying 10%. So if you are expecting 10% you will disappointed. I am still waiting for an explanation from the developer(s). Doing the math: At 3.65% annual percentage rate the equation is: 1.0365=(1+x)^365 ... daily percentage rate is therefore 0.0098223%. jeee but he He speaks of Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily10% PoS should have started at block 30,240. The developer posted something earlier about it being 30,240 + 4,320, but that isn't what the code says. The code starts using 10% at block 30,240. Besides, we are way past both of those numbers. We are over block 41,000. |
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 just threw a photo how long to wait? I don't know. Every couple of hours some of my coins move to "Stake", and then a reward is generated. Some people report this happening several times an hour. But for me it is much less frequent than that. Also, it isn't paying 10%. So if you are expecting 10% you will be disappointed. I am still waiting for an explanation from the developer(s). |
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why can not I unlock wallet to get interest ?
way button is disabled?
If the button is disabled then your wallet is already unlocked. You just need to wait for your coins to stake. |
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I found an issue:
The actual stake reward is never set to the value returned by GetProofOfStakeReward(). It is set to GetValueOut() - nValueIn. So nothing in the code is telling it to generate 10%.
I found another reference to GetProofOfStakeReward() in the wallet.cpp file. I'm investigating.
Ok, I can't figure out what is going on. When I turn on debug, I am showing blocks being generated, but they are not being added to the wallet or sent to the block chain. What I do know is that we are not getting 10% / day on our coins. We need the developer to explain. |
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I found an issue:
The actual stake reward is never set to the value returned by GetProofOfStakeReward(). It is set to GetValueOut() - nValueIn. So nothing in the code is telling it to generate 10%.
I found another reference to GetProofOfStakeReward() in the wallet.cpp file. I'm investigating.
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I just checked the most recent block. Still not paying 10%. Has anyone received 10% (or even anything close to 10%) on any stake?
I only got 0.05YC/day , I mined 1500YC , don't know why? BEcouse you need get stake at day 8 note there is fe ttimezones. And when you get stake after 24h you will get your 10% it should work that way Nothing in the code is waiting for "day 8". It is all based on block height. And we are way past that block height. |
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https://github.com/YCteam/YellowCoin/blob/master/src/main.cpp#L994const int DAILY_BLOCKCOUNT = 4320; // 1440 * 3
int64 GetProofOfStakeReward(int64 nCoinAge, unsigned int nBits, unsigned int nTime, int nHeight)
{
int64 nRewardCoinYear;
nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE;
if(nHeight < (7 * DAILY_BLOCKCOUNT))
nRewardCoinYear = 1 * MAX_MINT_PROOF_OF_STAKE;
else if(nHeight < (18 * DAILY_BLOCKCOUNT))
nRewardCoinYear = 1000 * MAX_MINT_PROOF_OF_STAKE;
int64 nSubsidy = nCoinAge * nRewardCoinYear / 365;
if (fDebug && GetBoolArg("-printcreation"))
printf("GetProofOfStakeReward(): create=%s nCoinAge=%"PRI64d" nBits=%d\n", FormatMoney(nSubsidy).c_str(), nCoinAge, nBits);
return nSubsidy;
} Seems nothing wrong with the code. We will get 10% POS soon. There doesn't seem to be anything wrong with this function. But somehow, nSubsidy is not returning 10%. The first thing I would check is that nHeight is being passed correctly to this function. It is the only thing I can think of that would explain why we are getting a reward on our stake, but not the right reward. |
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I just checked the most recent block. Still not paying 10%. Has anyone received 10% (or even anything close to 10%) on any stake?
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This might be a stupid question, but how does one unlock the POS for the wallet? Is it automatically done when the wallet is open?
If you've just downloaded the wallet then it shouldn't be locked. Also, there is an "Unlock Wallet" button on the bottom right that should be greyed out. The weird thing is I can't find an option to actually lock the wallet  To lock the wallet, you first have to encrypt it. This is done by clicking Settings from the top menu, and choosing Encrypt Wallet. Once it is encrypted, go to Help/Debug Window, click on the console tab, and type "walletlock" (without the quotes, though). |
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Okay - so I still have no PoS coins, only two PoS transactions that were not accepted by the network. I couldn't find out anything about this particular coin, but from BlackCoin's FAQ, I found this:
I’ve kept my wallet open for days and still no stake.
This could happen, PoS kinda works like a lottery and not everyone will receive their interest every 8 hours. You WILL receive your 1% on a yearly basis, it just may take a little while.
Can anyone explain this aspect of PoS to me?
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7 days POW , how many days left to mine?? i have mined for 3 days , and the mining speed is so slow!
Yeah, the difficulty shot up real fast. I'm surprised how popular this coin was at launch. It must have something to do with limited mining period combined with the limited 10% stake earnings. But we'll see what happens after block 30241, when mining is done. I am a little unclear on how transactions will be confirmed with no one mining. Are people really going to mine just for transaction fees? In any case, to answer your question, if the block time re-targeting works out right, regular mining should end somewhere around noon (GMT) on 4/29. |
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...
To get the exact number, I need to know how long the average payment interval is.
C = total number of coins
n = number of years
If it pays only once a year, we have
C = 280,113,810 x 1.0365 ^ n
If it pays once a day, we have
C = 280,113,810 x 1.0001 ^ (n * 365)
Compounding daily. Min stake age is 1 day, max is 1000. But this still give us 70 years, for 1,000,000,000 coins, so we will be down from 100years to 70 years. When i'm a investor, then the first thing that i do is check the max coins, then check the outstanding coins, and then i will start doing my calculations what i believe would be a good buying point, but if you see 1,000,000,000 then you already are saying, oeps, this is max 50 sats per coin, but when i would see 300,000,000 then i will say, dammit it is only trading at 200sats, i will buy it. Well, if the maximum stake days is 1000, that complicates things considerably. If there were no maximum, and if a stake were paid every day on every outstanding coin, it would be a little less than 40 years to reach 1,000,000,000, with compounding. Any any case, what's the big deal? Bitcoin won't reach it's target for more than hundred years, and no one could say that early buyers of bitcoin were making a bad investment. |
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