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Cryptojunkey
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May 21, 2015, 01:13:16 PM |
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Masternode get half the block amount. Blocks are 40 grav. Nothing is wrong.
What is benefit of masternode? i did not see it. Masternodes get 50% of the network stake reward. On the graviton website, it says each masternode should average roughly 1500/Day. Why am i gettn half that? |
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morrisonsa
Member
 Offline
Activity: 112
Merit: 10
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May 21, 2015, 01:55:46 PM |
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Masternode get half the block amount. Blocks are 40 grav. Nothing is wrong.
What is benefit of masternode? i did not see it. Masternodes get 50% of the network stake reward. On the graviton website, it says each masternode should average roughly 1500/Day. Why am i gettn half that? You're not understanding. Masternodes get 20 grav per block that is their reward. There are 15 masternodes right now. The same number of POS blocks are generated per day, but there is 33% more Masternodes right now then last week, so everyone is earning less. It's also an average thing, so you have to take your earnings over a few days and average them out. Sometimes you'll get rewarded for 10 out of 50 blocks, other times 1 out of 50. There comes a point where staking that 25k in your wallet will earn you more then a masternode due to the number of Masternodes. And that seems to be around 10 masternodes. |
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morrisonsa
Member
Offline
Activity: 112
Merit: 10
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May 21, 2015, 02:46:14 PM |
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And now there is 16 masternodes. To many, mines been up for 15 days but I'm about to take it down, will earn more per day just staking.
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omimaru
Newbie
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Activity: 14
Merit: 0
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May 21, 2015, 04:33:42 PM |
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I'm one of master nodes but i got just 20 per block. I don't know why.
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morrisonsa
Member
Offline
Activity: 112
Merit: 10
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May 21, 2015, 05:05:27 PM |
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I'm one of master nodes but i got just 20 per block. I don't know why.
THATS ALL YOU GET! |
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Cryptojunkey
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May 21, 2015, 05:13:36 PM |
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Masternode get half the block amount. Blocks are 40 grav. Nothing is wrong.
What is benefit of masternode? i did not see it. Masternodes get 50% of the network stake reward. On the graviton website, it says each masternode should average roughly 1500/Day. Why am i gettn half that? You're not understanding. Masternodes get 20 grav per block that is their reward. There are 15 masternodes right now. The same number of POS blocks are generated per day, but there is 33% more Masternodes right now then last week, so everyone is earning less. It's also an average thing, so you have to take your earnings over a few days and average them out. Sometimes you'll get rewarded for 10 out of 50 blocks, other times 1 out of 50. There comes a point where staking that 25k in your wallet will earn you more then a masternode due to the number of Masternodes. And that seems to be around 10 masternodes. No, i didnt understand why thanks for clearing that up. But the stats on the website takes in account of how many masternodes are running and its way over the actual amount you end up receiving. |
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Cryptojunkey
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May 21, 2015, 06:27:50 PM |
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When does Dynamic pos end? Or does it run forever with high inflation?
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morrisonsa
Member
Offline
Activity: 112
Merit: 10
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May 21, 2015, 07:33:21 PM |
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When does Dynamic pos end? Or does it run forever with high inflation?
It is 40 per block till the end. |
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Cryptojunkey
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May 21, 2015, 08:20:31 PM |
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When does Dynamic pos end? Or does it run forever with high inflation?
It is 40 per block till the end. When is the end? Thats what im asking. |
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morrisonsa
Member
Offline
Activity: 112
Merit: 10
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May 21, 2015, 09:58:10 PM |
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When does Dynamic pos end? Or does it run forever with high inflation?
It is 40 per block till the end. When is the end? Thats what im asking. Read the ann, no end. No max coins. |
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gravitondev (OP)
Member
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Activity: 84
Merit: 10
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May 21, 2015, 10:01:24 PM |
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When does Dynamic pos end? Or does it run forever with high inflation?
It is 40 per block till the end. When is the end? Thats what im asking. It is a flat 40 coins per stake indefinitely... |
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morrisonsa
Member
Offline
Activity: 112
Merit: 10
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May 21, 2015, 10:38:03 PM |
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When does Dynamic pos end? Or does it run forever with high inflation?
It is 40 per block till the end. When is the end? Thats what im asking. It is a flat 40 coins per stake indefinitely... How's development going Dev? |
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morrisonsa
Member
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Activity: 112
Merit: 10
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May 25, 2015, 02:29:30 PM |
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Just thought I'd mention that staking still isn't working..
what do you mean? staking works for me Yep, this wallet has never had an issue. Staking works fine. |
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TheGift73
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May 25, 2015, 04:04:15 PM |
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Ditto. The wallet has been working perfectly for me also.
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choochimil
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May 25, 2015, 10:39:07 PM |
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It's going so good GRAV is now trading at 1500 sats.
Dev, inflation is waaay way too high. Save your coin and fork to sth like 0.5 per block.
Market cap only increases by 0.75 - 1 BTC per day. Not a big deal if this is an innovative project. I'm certainly holding to see what the features turn out to be. |
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BTC-BTC-BTC
Legendary
Offline
Activity: 1582
Merit: 1001
www.neutroncoin.com
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May 26, 2015, 02:32:18 AM |
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It's going so good GRAV is now trading at 1500 sats.
Dev, inflation is waaay way too high. Save your coin and fork to sth like 0.5 per block.
Market cap only increases by 0.75 - 1 BTC per day. Not a big deal if this is an innovative project. I'm certainly holding to see what the features turn out to be. 50000 new coins daily is an immense sell pressure. Especially for a coin with such low supply after POW. It only means Masternode owners let their coins stake and dump the interest until break even. I think the chart clearly speaks for itself. I'm not trying to fud, I'm just disappointed that someone missed a basic economic view when creating this coin. I have to agree the supply is increasing in a crazy rate. it's very difficult for the dev team to keep up the value to offset the supply. I think all hipos coins have this problem. |
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morrisonsa
Member
Offline
Activity: 112
Merit: 10
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May 26, 2015, 07:27:12 AM |
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Just thought I'd mention that staking still isn't working..
what do you mean? staking works for me Yep, this wallet has never had an issue. Staking works fine. It worked for me too before but doesn't now. Had my coins in the wallet for days and nothing happens.. Well, it's all worthless now anyway. Please send all your worthless magic internet graviton monies to GVDRCxFpgj2CABnMMFSYmQ9ZuTvwR16h9E |
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choochimil
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May 26, 2015, 09:28:35 AM |
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Well we have as many masternodes as ever, I think there are a few people who think grav is worth the hold. Lets see.
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snortex
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May 26, 2015, 11:55:43 AM |
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It's going so good GRAV is now trading at 1500 sats.
Dev, inflation is waaay way too high. Save your coin and fork to sth like 0.5 per block.
Market cap only increases by 0.75 - 1 BTC per day. Not a big deal if this is an innovative project. I'm certainly holding to see what the features turn out to be. 50000 new coins daily is an immense sell pressure. Especially for a coin with such low supply after POW. It only means Masternode owners let their coins stake and dump the interest until break even. I think the chart clearly speaks for itself. I'm not trying to fud, I'm just disappointed that someone missed a basic economic view when creating this coin. I have to agree the supply is increasing in a crazy rate. it's very difficult for the dev team to keep up the value to offset the supply. I think all hipos coins have this problem. Yes, inflation is insane, about 700% per year, it's dragging the price down and slowly killing this coin. Dev, please think about this seriously, the price will continue to decline regardless of the great features you deliver. Nowadays, most hipos coins have some active POS period and after it POS is switching to some reasonable value like 10% per year. |
I never lose. Either I win or I learn.
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buddynuno
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May 26, 2015, 03:35:06 PM |
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I am more concerned with the lack of news on the development than the inflation. This coin has alot of potential if the Dev does not feel discouraged about Graviton and just decides to make another coin.
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