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Author Topic: [ANN] GorillaTeeth [TEETH] | 10 DAY Staking Confirmation | Good luck dumping it!  (Read 93768 times)
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notabeliever
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May 09, 2015, 06:42:48 PM
 #2101

Can we solo mine teeth.
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May 09, 2015, 06:47:03 PM
Last edit: May 09, 2015, 06:57:21 PM by leroyjankins
 #2102

Corrected Smiley For those staking or thinking about staking and don't understand why it takes so long to gain access to those staked coins. Not included here in this quote but i believe it requires 3620 confirms.. 3620 confirms * 4 min blocks = 14480 min / 60 min = 241.3333 hours / 24 hours = 10.055556 days

Quote from: iGotSpots
Four minute blocks (more details why later)

8% yearly rate for 98 blocks
6480% yearly rate for the last 2 blocks
Repeat cycle of 100 blocks
(Reward structure from 10k, slowed down dramatically, and far less frequent)

Average of 137.44% yearly across the network

I should also mention that staked coins will take 10 days to confirm, so ultra fast compounding will not be an issue here

Time from deposit to maturity will be one hour
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May 09, 2015, 06:49:52 PM
 #2103

For those staking or thinking about staking and don't understand why it takes so long to gain access to those staked coins. Not included here in this quote but i believe it requires 3600 confirms.. 3600 confirms * 4 min blocks = 14400 min / 60 min = 240 hours / 24 hours = 10 days

Quote from: iGotSpots
Four minute blocks (more details why later)

8% yearly rate for 98 blocks
6480% yearly rate for the last 2 blocks
Repeat cycle of 100 blocks
(Reward structure from 10k, slowed down dramatically, and far less frequent)

Average of 137.44% yearly across the network

I should also mention that staked coins will take 10 days to confirm, so ultra fast compounding will not be an issue here

Time from deposit to maturity will be one hour


It's the second to last line of your quote  Wink

Actual confirms needed is 3620

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May 09, 2015, 06:55:37 PM
 #2104

For those staking or thinking about staking and don't understand why it takes so long to gain access to those staked coins. Not included here in this quote but i believe it requires 3600 confirms.. 3600 confirms * 4 min blocks = 14400 min / 60 min = 240 hours / 24 hours = 10 days

Quote from: iGotSpots
Four minute blocks (more details why later)

8% yearly rate for 98 blocks
6480% yearly rate for the last 2 blocks
Repeat cycle of 100 blocks
(Reward structure from 10k, slowed down dramatically, and far less frequent)

Average of 137.44% yearly across the network

I should also mention that staked coins will take 10 days to confirm, so ultra fast compounding will not be an issue here

Time from deposit to maturity will be one hour


It's the second to last line of your quote  Wink

Actual confirms needed is 3620

My mistake I will correct the math above Smiley
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May 09, 2015, 07:51:12 PM
 #2105

Still haven't got my Teeth.
got new address on Gorilla.exchange have zero teeth then saw 1 teeth today but thats way short of what I should have given the 10k conversion. 

Need some help please
How do I get the rest of the Teeth owed to me.

Me too, the same as above. I am lossing the stake and trade! Maybe this is the reason of the relative low volume in trade, much of teeth are stucked already.

tech00 @btcpool and gorilla  Cry
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May 09, 2015, 07:52:55 PM
 #2106

For those staking or thinking about staking and don't understand why it takes so long to gain access to those staked coins. Not included here in this quote but i believe it requires 3600 confirms.. 3600 confirms * 4 min blocks = 14400 min / 60 min = 240 hours / 24 hours = 10 days

Quote from: iGotSpots
Four minute blocks (more details why later)

8% yearly rate for 98 blocks
6480% yearly rate for the last 2 blocks
Repeat cycle of 100 blocks
(Reward structure from 10k, slowed down dramatically, and far less frequent)

Average of 137.44% yearly across the network

I should also mention that staked coins will take 10 days to confirm, so ultra fast compounding will not be an issue here

Time from deposit to maturity will be one hour


It's the second to last line of your quote  Wink

Actual confirms needed is 3620

My mistake I will correct the math above Smiley

Please tell me we can stake with our wallets closed. Unless we close after 10 days
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May 09, 2015, 07:55:40 PM
 #2107

Hi Guys
Ok this is where we are ta right now.

The market selling backend has been updated and is now been tested

The coins that were stolen went into stake as soon as we got them back.
Spots and myself have been pushing the block chain so that we can get the coins out of stake.    We need 1892 blocks so that we can return the coins back to the main wallet.   So that will take us to block  ~12370

I know you have ALL been very patient over this and I’m sorry but we cannot make this go any faster.   I’m hoping that we should have the coins in the main exchange wallet by this time tomorrow.

Once again I’m sorry for the delay.

AS soon as the coins are back in the main wallet I will go through all the open orders and close them,.


Thanks
Paul

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May 09, 2015, 07:58:22 PM
 #2108


Please tell me we can stake with our wallets closed. Unless we close after 10 days

You can let it confirm with the wallet closed once it has been broadcast to the network.. id wait for more than one confirmation before doing that though
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May 09, 2015, 08:35:42 PM
 #2109



 Grin
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May 09, 2015, 08:41:35 PM
 #2110

For those staking or thinking about staking and don't understand why it takes so long to gain access to those staked coins. Not included here in this quote but i believe it requires 3600 confirms.. 3600 confirms * 4 min blocks = 14400 min / 60 min = 240 hours / 24 hours = 10 days

Quote from: iGotSpots
Four minute blocks (more details why later)

8% yearly rate for 98 blocks
6480% yearly rate for the last 2 blocks
Repeat cycle of 100 blocks
(Reward structure from 10k, slowed down dramatically, and far less frequent)

Average of 137.44% yearly across the network

I should also mention that staked coins will take 10 days to confirm, so ultra fast compounding will not be an issue here

Time from deposit to maturity will be one hour


It's the second to last line of your quote  Wink

Actual confirms needed is 3620

My mistake I will correct the math above Smiley

Please tell me we can stake with our wallets closed. Unless we close after 10 days

Wallet will not stake while closed unless you're using GorillaStake

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May 09, 2015, 08:44:38 PM
 #2111

Still haven't got my Teeth.
got new address on Gorilla.exchange have zero teeth then saw 1 teeth today but thats way short of what I should have given the 10k conversion. 

Need some help please
How do I get the rest of the Teeth owed to me.

Me too, the same as above. I am lossing the stake and trade! Maybe this is the reason of the relative low volume in trade, much of teeth are stucked already.

tech00 @btcpool and gorilla  Cry

There are only 12k TEETH we are waiting on. The rest are already withdrawn

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May 09, 2015, 09:01:49 PM
 #2112


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May 09, 2015, 10:04:21 PM
 #2113

cool, thanks guys
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May 09, 2015, 11:33:03 PM
 #2114


Please tell me we can stake with our wallets closed. Unless we close after 10 days

You can let it confirm with the wallet closed once it has been broadcast to the network.. id wait for more than one confirmation before doing that though

I have been closing my wallet after each stake, and open it once a day (You could probably get away with not opening it for a few days after a stake and you wouldn't miss anything)  to let it update and check how close they are, my 2nd and 3rd stakes are only 500 blocks away! Then the auto-split will probably split it into 4 'blocks' next time  Cheesy

As Spots has said before this coin is meant to be a store of value more then anything. The 3620 confirmations is awesome IHMO  Wink


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May 10, 2015, 05:19:08 AM
Last edit: May 10, 2015, 05:32:32 AM by Jaydubya91
 #2115

block explorer please?

Nevermind I found it http://teeth.blockexplorer.cc
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May 10, 2015, 05:32:39 AM
 #2116

block explorer please?

+ 1
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May 10, 2015, 05:33:03 AM
 #2117

block explorer please?

Nevermind I found it http://teeth.blockexplorer.cc

thanks
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May 10, 2015, 05:35:45 AM
 #2118

It's been in the OP for a while..

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May 10, 2015, 05:37:46 AM
 #2119

so, the wallet auto stakes your coins for you once they go in right? do i have to change any settings so they dont REstake?
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May 10, 2015, 06:50:58 AM
 #2120

What with gorilla.exchange exchange?
The markets don't work.
It on long?
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