notabeliever
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May 09, 2015, 06:42:48 PM |
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Can we solo mine teeth.
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leroyjankins
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Activity: 98
Merit: 10
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May 09, 2015, 06:47:03 PM Last edit: May 09, 2015, 06:57:21 PM by leroyjankins |
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Corrected 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 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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iGotSpots (OP)
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Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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May 09, 2015, 06:49:52 PM |
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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 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 Actual confirms needed is 3620
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leroyjankins
Member
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Activity: 98
Merit: 10
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May 09, 2015, 06:55:37 PM |
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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 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 Actual confirms needed is 3620 My mistake I will correct the math above
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tech999
Member
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Activity: 60
Merit: 10
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May 09, 2015, 07:51:12 PM |
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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
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notabeliever
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May 09, 2015, 07:52:55 PM |
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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 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 Actual confirms needed is 3620 My mistake I will correct the math above Please tell me we can stake with our wallets closed. Unless we close after 10 days
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leroyjankins
Member
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Activity: 98
Merit: 10
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May 09, 2015, 07:55:40 PM |
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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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leroyjankins
Member
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Activity: 98
Merit: 10
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May 09, 2015, 07:58:22 PM |
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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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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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May 09, 2015, 08:41:35 PM |
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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 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 Actual confirms needed is 3620 My mistake I will correct the math above 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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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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May 09, 2015, 08:44:38 PM |
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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 There are only 12k TEETH we are waiting on. The rest are already withdrawn
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WCIR
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May 09, 2015, 09:01:49 PM |
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ehalvers
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May 09, 2015, 11:33:03 PM |
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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 As Spots has said before this coin is meant to be a store of value more then anything. The 3620 confirmations is awesome IHMO
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Jaydubya91
Newbie
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Activity: 42
Merit: 0
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May 10, 2015, 05:19:08 AM Last edit: May 10, 2015, 05:32:32 AM by Jaydubya91 |
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block explorer please? Nevermind I found it http://teeth.blockexplorer.cc
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crazytrain
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May 10, 2015, 05:32:39 AM |
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block explorer please?
+ 1
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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May 10, 2015, 05:35:45 AM |
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It's been in the OP for a while..
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Jaydubya91
Newbie
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Activity: 42
Merit: 0
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May 10, 2015, 05:37:46 AM |
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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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Trial
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May 10, 2015, 06:50:58 AM |
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What with gorilla.exchange exchange? The markets don't work. It on long?
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