Still around and working on BSX exchange.

We are here. Working hard on exchange project.
Second dev Nostromo will post today few prntscreens about our progress.

There was a lot of stress with Hardforks. It has always brought a lot of problems.
We decided to continue under actual specs. Low inflation model.

According to our POS reward system.

There are only ~ 1600 new BSX coins generated every day. It is actually (4-5% annually in total).(~584 000 new bsx coins per year)

Our POS system is variable.

Small inputs are in advantage.
If you split your coins into smaller inputs (optimum around 1000 bsx ).
Every 1000 input can earn ~1.5- BSX per day. (50% annually)



Approximately 13 584 000 coins in 1 year.
Approximately 14,168,000 coins in 2 years.
Approximately 14,752,000 coins in 3 years.
Approximately 15,336,000 coins in 4 years.
Approximately 15,920,000 coins in 5 years.

according to block explorer:
e016897f301d6e93624e7bc90b54c735dbe549e55293c1c96359750fcdf8cad1  (8255 confirmations)
Coins are at address BGx5BrJnL5YM4Uzz8mj4KWEYrDzi2j5QTK.
"Not yet redeemed" just means that the coins are still in that receiving address and haven't yet been sent on elsewhere.

Who control this address (own private key)?
(If exchange...ask there...via support ticket)

Once you move your coins. You have to wait again 24 hours. (min. stake age)




Best input amount to stake is not set (it is a variable value). All depends on actual POS stake weight situation . ( Whole network stake weight.)
Now it is around 1500 BSX. We will see how the situation will look after block 200k.
 
The most effective method is to keep your inputs at such value where you can hit POS blocks as often as possible.
Ideal situation for biggest POS reward + in the shortest time is ,when this input is as close as possible to the average (average when viewed from the whole blockchain net)( + the shortest coin age)
(check ''Stake Input Size chart'' )
(https://chainz.cryptoid.info/bsx/#!extraction )




True. Last 24 hours of POW phase. A hunt for a high POS rewards will begin soon.
BTW thank you for awesome  "Coin control guide'' .

Amount of coins is reflected at function stake weight . High stake weight will help you to get POS block rewards more often .
We do not state that POS reward is 50% interest per year.... We state that POS reward is 50% annually.(since last fork)(and will be 1000% annually in 4 days, after block 200 000)
Our POS reward system is very similar to static block reward, there are only two differences.
First, we have radius (%) instead of static (function)....it will lead to lower total supply at the end of high staking rewards.
second one... smaller inputs are in advantage ...higher reward is for those who stake at optimal levels for best network performance...
There is nothing to change in here. These rules will remain unchanged in the longrun.

Exactly.
The most optimal is to have inputs around 1000-1500 BSX. And stake 24/7.()https://chainz.cryptoid.info/bsx/#!extraction

Whenever you hit the POS block. Your input is divided into 2 halves. (It's an automatic process)

As stated last post. Big input will not help you to hit bigger reward. It's rather the opposite. Small inputs rulez. (more democratic)

Since last hardfork we completely migrated to POS minting system. (POS 50% Annually...soon (at block 200K) 1000% Annually) (!!!!not 50% or 1000% Interest per year anymore!!!!)

Split your coins into smaller imputs and start to stake from tomorow 24/7.  
Do it and give us a report after 48 hours. You will see. Also in few days...after block 200 000 POS rewards per block will be 20x higher than now.

We have this formula in POS reward

CoinAge * RewardCoinYear / 365 / COIN

Big inputs will not help you to get higher reward. There is no interest based on number of coins in reward function.
Coin age is important (number of coins will help you to hit more blocks faster, not to earn higher rewards).

Example.
If you will have 1 input = 100 000 BSX. You can hit only one block per day....means only one reward.
But if you will split your 100 000 into 100x 1000 (100 inputs). You can easily hit 100 blocks per day . (reward per block in not reflected by number of coins....only coin age matters)

New source is ready. We are compiling new wallets now.
Need another 2-3 days for proper testing. After it another one day for updating nodes.
In around 4-5 days new wallets should be available.


There will be no percentage interest per year focused on the number of coins in stake.
Bitspace POS will use annual percentage rate vs coin age system. Coin age will be what is important (Number of coins will help you to hit more blocks faster, not to earn higher rewards)
It will be more democratic POS system + network will be more secured + stable.


POW+POS now generates   ~ 64 k new BSX coins per day
Once POW will end at block 200 000. BSX will be pure POS coin
POS will generate ~ 10-40K new BSX coins per day. (reward will depend on coin age..not on number of coins)
The averaged value in the block will be ~20 BSXper block. (in range ~1-50)

New source will be released around block 180 000.
To make changes, another hard fork needs to be done.
All needs to be done properly. No need to rush and release source earlier. Changes will not kick in before next hardfork.

New hardfork will happen at block 200 000. POW willl end. POS will be fixed (for bigger inputs) +  switched to 200% interest per year.

In the meantime.
Optional input is 1000 BSX to get 50% POS reward in next 24-48 hours staking.

Yes, we working on it.

To get 50% POS interest . Small inputs works fine (1000 BSX and less).
The issue is with big inputs. We are fixing it now and running few tests under testnet. Soon there will be new source.

There will be new hardfork at block 200 000. POW willl end. POS will be fixed +  switched to 200% interest per year.
At block 200 000. At the end of POW there will be 13 M BSX in existence.
200% interest will last until block 1 000 000. After 1M blocks BSX will be autoswitched to 10% interest per year forever.

We decided to end POW and move further distribution into POS.

Also good news for those who are not at Discord.
BSX cryptocurrency exchange will be launched until end of this month.
Exchange itself will need some time to grow.  BSX will be used as a primary payment.
Vote list for adding new coins will be created and voting will go via BSX.