This topic is quite controversial, and there're 2 sides of this one.
One side says; bigger tx's means bigger rewards
Other side says; smaller tx's, smaller but more often rewards.
Hi, thanks for bringing the topic up. It's an interesting discussion. A third aspect worth taking into account is the energy required to run the wallet.
Personally I am staking PIVX at 16W/h.
Then the subject of smaller vs bigger stakes is really worth finding the correct answer.
When mining POS coins its best to split up your coins into smaller stacks.. so when they do stake it doesn't take your whole pile out.
Some coins will hold the coins you used to stake for a hundred (more or less for some coins) blocks which will decrease your over all stake weight..
Its much better to have a large sum of small stacks than a large stack by itself is the general rule though.
When mining POS coins its best to split up your coins into smaller stacks.. so when they do stake it doesn't take your whole pile out.
Some coins will hold the coins you used to stake for a hundred (more or less for some coins) blocks which will decrease your over all stake weight..
Its much better to have a large sum of small stacks than a large stack by itself is the general rule though.
Yeap that's it. Here's a sample calculation:
Let's say you've 1 tx in your wallet and it's 1000 coins, those generate 50 weight every hour and it needs 30 weight to generate PoS block.
On the 40th minute it'll create 1 block. and you'll have to wait another "min stake age" to create another one.
Let's say you've split those 1000 coins into 100 coins;
Each 100 coins will generate ~4 weight in 1 hour and you'll create the first block on 50th minute but wait! you'll be able to generate other PoS blocks in an hour because you still have matured coins and your weight is down only 4 because PoS only downs the used tx's weight!
it's an great observation. Thank you both. However what do you think of this statement?
The Block Reward in most Proof of Stake systems is unfortunately based on Coin Age. In
theory, this is to distribute interest fairly by allowing nodes to receive latent payments
due. It is an attempt to keep a common APR. However, this system does not work
because nodes can stay disconnected and with many split inputs, reconnect to the network
and game the reward system. Also, it does not give nodes any incentive to stay connected.
In a decentralized system, the more nodes connected the better the security since it shifts
trust from a single entity to the network itself.
You can always check
http://cryptocoin.cc/table.php?cryptocoin=Pivx to have an idea about your staking. However like a previous poster said, not everyone is staking... so it's highly realistic to expect improved odds.
it would be better to avoid coin age based pos systems, don't you think?
Interesting, so iirc PoS applies on 'per tx' basis rather than on 'per wallet' basis? Any disadvantages if I create 1000 txs for 1000 coins?
Per address, if you tx on the same address I am not sure it works?
If i decide to stake on a laptop , is there any problem to stake more coins at the same time ? Could be any conflict with the wallets or it would consume a lot of resources ? Thanks !
you can always check the cpu/ram/disk usages to see if adding a wallet is too much... and think about keeping the laptop at reasonable temps.
