iGotSpots
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Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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January 27, 2016, 12:06:54 AM |
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If anyone else thinks 100 is too low, please post here what your suggestion is. I am open to listen
I also think at least 1000 (probably 2k-3k). Think also in the long term. There is a limitation of blocks per day or month and if 100 or 1000 is fine today, difficulty will go up followed by weeks to get a stake and this would probably kill the coin. If every block staked for 100 (long-term talk), then it would be creating 288,000 new coins per day after modifying the coin, we will have chance of losing everything we already have? You will lose nothing
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optnickr
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Activity: 116
Merit: 12
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January 27, 2016, 12:08:39 AM |
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If anyone else thinks 100 is too low, please post here what your suggestion is. I am open to listen
I also think at least 1000 (probably 2k-3k). Think also in the long term. There is a limitation of blocks per day or month and if 100 or 1000 is fine today, difficulty will go up followed by weeks to get a stake and this would probably kill the coin. If every block staked for 100 (long-term talk), then it would be creating 288,000 new coins per day after modifying the coin, we will have chance of losing everything we already have? You will lose nothing Thanks. to earn 100Cubes we have to hold about 1800Cubes?
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My Blog:http://crazy-informatica.blogspot.com.br
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bluehorseshoe
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January 27, 2016, 12:09:54 AM |
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Inflation controls of some sort definitely needed. Perhaps POS master PressTab could offer some suggestions.
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iGotSpots
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Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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January 27, 2016, 12:13:52 AM |
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If anyone else thinks 100 is too low, please post here what your suggestion is. I am open to listen
I also think at least 1000 (probably 2k-3k). Think also in the long term. There is a limitation of blocks per day or month and if 100 or 1000 is fine today, difficulty will go up followed by weeks to get a stake and this would probably kill the coin. If every block staked for 100 (long-term talk), then it would be creating 288,000 new coins per day after modifying the coin, we will have chance of losing everything we already have? You will lose nothing Thanks. to earn 100Cubes we have to hold about 1800Cubes? Daily, yes
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johnnysof
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January 27, 2016, 12:14:00 AM |
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Or just keep the discussion up about reducing the stake. It was already noticed on the exchange
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iGotSpots
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Activity: 2548
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CPU Web Mining 🕸️ on webmining.io
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January 27, 2016, 12:14:48 AM |
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Inflation controls of some sort definitely needed. Perhaps POS master PressTab could offer some suggestions.
This is a very smart solution to keep the stake rate intact for small holders while capping the maximum that can be earned per input. The only thing we need to decide on is what the cap will be. I can also make a sliding cap that changes based on block number or something. I am open to suggestions on how to cap it and when, but I don't think there will be a better option available. Capping input size or coinage will confuse people; this is a much simpler system to explain to new users than over-complicating it to do the same thing
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bluehorseshoe
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January 27, 2016, 12:17:38 AM |
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Inflation controls of some sort definitely needed. Perhaps POS master PressTab could offer some suggestions.
This is a very smart solution to keep the stake rate intact for small holders while capping the maximum that can be earned per input. The only thing we need to decide on is what the cap will be. I can also make a sliding cap that changes based on block number or something. I am open to suggestions on how to cap it and when, but I don't think there will be a better option available. Capping input size or coinage will confuse people; this is a much simpler system to explain to new users than over-complicating it to do the same thing I like it, like the way Hyperstake stakes?
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johnnysof
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January 27, 2016, 12:24:21 AM |
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If anyone else thinks 100 is too low, please post here what your suggestion is. I am open to listen
I also think at least 1000 (probably 2k-3k). Think also in the long term. There is a limitation of blocks per day or month and if 100 or 1000 is fine today, difficulty will go up followed by weeks to get a stake and this would probably kill the coin. If every block staked for 100 (long-term talk), then it would be creating 288,000 new coins per day You are actually right. I made a wrong calculation.
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iGotSpots
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CPU Web Mining 🕸️ on webmining.io
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January 27, 2016, 12:24:34 AM |
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It basically does the same thing, but I think this will be a lot easier for new people to understand
Rather than limit input size, we would just limit actual reward amount so small users still retain the ability to stake without being bullied out by max users
Remember, the farther above the max you are, the more OFTEN you would stake for the max
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johnnysof
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January 27, 2016, 12:25:56 AM |
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Inflation controls of some sort definitely needed. Perhaps POS master PressTab could offer some suggestions.
This is a very smart solution to keep the stake rate intact for small holders while capping the maximum that can be earned per input. The only thing we need to decide on is what the cap will be. I can also make a sliding cap that changes based on block number or something. I am open to suggestions on how to cap it and when, but I don't think there will be a better option available. Capping input size or coinage will confuse people; this is a much simpler system to explain to new users than over-complicating it to do the same thing I like it, like the way Hyperstake stakes? Hyp is a bad example. No one would invest in it now. Inflation is much more than you could get with staking by the very high difficulty.
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optnickr
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Activity: 116
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January 27, 2016, 12:40:22 AM |
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My vote is: "I would not want any change in the stake..." I love this coin in the way it is change the stake could end up destroying this coin.
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My Blog:http://crazy-informatica.blogspot.com.br
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Icefrag
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January 27, 2016, 12:54:28 AM |
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My vote is: "I would not want any change in the stake..." I love this coin in the way it is change the stake could end up destroying this coin. Hyperinflation can destroy this coin too
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BTC-BTC-BTC
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Activity: 1582
Merit: 1001
www.neutroncoin.com
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January 27, 2016, 01:02:45 AM |
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I just got my StakeStick today.
Thanks!
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Icefrag
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January 27, 2016, 01:18:42 AM |
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I just got my StakeStick today.
Thanks!
U can do a photo from unboxing?
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yoman1289
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Activity: 65
Merit: 10
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January 27, 2016, 01:24:07 AM |
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Inflation controls of some sort definitely needed. Perhaps POS master PressTab could offer some suggestions.
This is a very smart solution to keep the stake rate intact for small holders while capping the maximum that can be earned per input. The only thing we need to decide on is what the cap will be. I can also make a sliding cap that changes based on block number or something. I am open to suggestions on how to cap it and when, but I don't think there will be a better option available. Capping input size or coinage will confuse people; this is a much simpler system to explain to new users than over-complicating it to do the same thing Then do a sliding cap, with the amount of coins now in circulation creating a cap of around 1000
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Libertymind
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January 27, 2016, 01:28:16 AM |
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Leave your opinion below. Not doing a poll because the 3 anti-iGotSpots trolls with thousands of fake names will skew results
1) Cap Stake Rewards at 10 CUBE per block while maintaining 2000% stake rate (means the max a block can reward is 10 CUBE, regardless of input size) 2) Cap Stake Rewards at 100 CUBE per block while maintaining 2000% stake rate (means the max a block can reward is 100 CUBE, regardless of input size) 3) Cap Stake Rewards at ?? CUBE per block while maintaining 2000% stake rate (means the max a block can reward is ?? CUBE, regardless of input size) - LEAVE YOUR CAP SUGGESTION IN POST 4) Do nothing, leave it as it is
Options 1, 2, and 3 would give a small advantage to small holders and encourage large holders to split their coins up into smaller input sizes
I think those options would not change so much, just bring people to split their coins into several inputs. split their coins into several inputs will breaking the wallet. the wallet not support many inputs!!!! don't know the max of splits you can do, but the max exists. You can have hundreds of millions of inputs staking at once. It's only limited by your hardware, not the software It would be very stupid to even approach a level that high without recombining, though 4 why fix what ain't broken. Inflation only matters if everyone tries to sell at once, which could happen. Keeping the coins the way it is puts its fate squarely in our hands. Which has been working fine till the spots haters dumped and FUDed the coin to a lower price. Its recovering nicely now. I trust this community to do what's best for the coin. Distribution started with the most seasoned veterans of the community, after all, a reason I invested.
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BTC-BTC-BTC
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Activity: 1582
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www.neutroncoin.com
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January 27, 2016, 02:10:29 AM |
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I just got my StakeStick today.
Thanks!
U can do a photo from unboxing?
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iGotSpots
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Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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January 27, 2016, 02:33:03 AM |
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I just got my StakeStick today.
Thanks!
U can do a photo from unboxing? Awesome, thanks for posting pictures Enjoy!
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Brob12321
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January 27, 2016, 02:33:55 AM |
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Wow awesome. So they do in fact exist, I guess we can put the rumor that it was a "scam" to bed now. How does it work, does it come with the wallet already on it ?
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iGotSpots
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Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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January 27, 2016, 02:34:54 AM |
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Wow awesome. So they do in fact exist, I guess we can put the rumor that it was a "scam" to bed now. How does it work, does it come with the wallet already on it ?
Yes. Wallet is ready to be loaded up; icon is on the 'desktop' I do not connect your device to the internet and wallet.dat is not generated until you load the wallet for the first time
I DO NOT GENERATE WALLET.DAT
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