[ANN] More added to Wallet UPDATE PLEASE PosEx PEX Hybrid POW/POS [ANN]

[kevin1234a]

New windows wallet works fine, I have a couple of question hope someone can answer me

-Do I need to do something special to stake on my wallet or just leave it open?
-I have 0.87 PEX is that enough to stake?

Thanks in advance for your answers.
Almost forgot, can I translate this ANN to Spanish?

.......snip...........

love the way jc explain things to us

[jc12345]

CAN ANYBODY DETERMINE TOTAL COINAGE AT BLOCK 200K ?

It is not possible to determine it because coinage is the time coins have been in an address in your wallet. If you do some assumptions though, that your coins are kept in your wallet and never moved, then by the time block 200k comes, technically it should be max coinage that is relevant which is 5 days.

[GREEDYJOHN]

CAN ANYBODY DETERMINE TOTAL COINAGE AT BLOCK 200K ?

It is not possible to determine it because coinage is the time coins have been in an address in your wallet.

OK,

Can you give an estimate of what it would be in an ideal situation? I think that coin maturity has been reduced to 1 hour.

The real coinage could actually be as low as 50% of the ideal calculated coinage.

[jc12345]

CAN ANYBODY DETERMINE TOTAL COINAGE AT BLOCK 200K ?

It is not possible to determine it because coinage is the time coins have been in an address in your wallet.

OK,

Can you give an estimate of what it would be in an ideal situation? I think that coin maturity has been reduced to 1 hour.

The real coinage could actually be as low as 50% of the ideal calculated coinage.

I dont understand your question. Here is a quote out of the code:

Code:

unsigned int nStakeTargetSpacing = 10; // 10 seconds Pos blocks
unsigned int nStakeMinAge = 1.5 * 60 * 60; // 1.5 hours
unsigned int nStakeMaxAge = 5 * 24 * 60 * 60; // 5 days

[GREEDYJOHN]

CAN ANYBODY DETERMINE TOTAL COINAGE AT BLOCK 200K ?

It is not possible to determine it because coinage is the time coins have been in an address in your wallet.

OK,

Can you give an estimate of what it would be in an ideal situation? I think that coin maturity has been reduced to 1 hour.

The real coinage could actually be as low as 50% of the ideal calculated coinage.

I dont understand your question. Here is a quote out of the code:

Code:

unsigned int nStakeTargetSpacing = 10; // 10 seconds Pos blocks
unsigned int nStakeMinAge = 1.5 * 60 * 60; // 1.5 hours
unsigned int nStakeMaxAge = 5 * 24 * 60 * 60; // 5 days

I am not a coder.

I just want to know about an ideal situation, assuming their was no stake age, assuming this was a purely mathematical thing.

For example, with BIGUP coin, 100% POS could double your coinage after one year.

This is an easy example, but I ask for help, because our case is more complicated.

[jc12345]

I am not a coder.

I just want to know about an ideal situation, assuming their was no stake age, assuming this was a purely mathematical thing.

For example, with BIGUP coin, 100% POS could double your coinage after one year.

This is an easy example, but I ask for help, because our case is more complicated.

Posex is complicated in that POW block time is 30s and POS 10s. Currently, the block explorer indicates 99% of blocks coming from POW and 1% from POS. This can be attributed to people holding back and gaining network weight. Once the high POS starts, people will open the POS and then there should be 10s and 30s blocks from POS and POW mixed. This complicates the calculation to determine how long it will take to reach block 200k. You can calculate that, assuming this rate is maintained, by drawing a timeline and plotting the POW and POS blocks and determining the time when block 200k will be reached or alternatively work out a fancy formula. If all blocks are POW, 200k will be reached in 69 days starting from scratch. With POS added it will be less.

[GREEDYJOHN]

ROUGH ESTIMATES USING SIMPLE MATHEMATICS


Example, we have at least 1868 + 900 = 2768 PEX at block 20k, if we neglect 5% POS rewards.

For blocks 20k - 30k, we have 10k blocks at 10,000% POS


10000% ANNUAL POS = ~27.3% daily POS (ROUGH ESTIMATE)

30 seconds per block = 2 blocks per minute = 2 x 60 x 24 = 2880 blocks per day

10k blocks will be covered in 10000/2880 = 3.47 days


Using linear ESTIMATES (THOUGH THIS IS NOT ACCURATE), coinage at block 30k will increase by ~27.3% x 3.47 = 97.7%

Assuming a linear relationship, coinage will increase in this fashion:

Block 30k = 97.7%
Block 40k = 97.7% x 0.9 = 89.9%
Block 50k = 97.7% x 0.8 = 78.1%
Block 60k = 97.7% x 0.7 = 68.3%
Block 70k = 97.7% x 0.6 = 58.6%
Block 80k = 97.7% x 0.5 = 48.8%
Block 90k = 97.7% x 0.4 = 39.1%
Block 100k = 97.7% x 0.3 = 29.3%
Block 110k = 97.7% x 0.2 = 19.5%
Block 120k = 97.7% x 0.1 = 9.7%


Lets stop at block 120k for simplicity, because all POS below 1000% is considerably less.

ESTIMATE increased coinage at 120k, neglecting additional POW blocks =

(1.977 x 1.899 x 1.781 x 1.683 x 1.586 x 1.488 x 1.391 x 1.293 x 1.195 x 1.097) x 2768 =

62.616 x 2768 = 173,321.3 PEX.


This is just a ROUGH ESTIMATE.

By block 120k, if we neglect POW, we should ideally have over 150k PEX.


up to block 200k, NEGLECTING POW we could estimate:

1.09 x 1.078 x 1.068 x 1.058 x 1.049 x 1.039 x 1.029 x 1.0195 x 173.3k PEX =

~1.5 x 173.3k PEX = ~ 260K PEX

So we should expect a total coinage of over 250k PEX created by POS + ~19K PEX created by POW

We know that POW mined coins will also stake during the period, so we could expect to see up to 300k PEX after the HIPOS  

[jc12345]

ROUGH ESTIMATES USING SIMPE MATHEMATICS


Example, we have at least 1868 + 900 = 2768 PEX at block 20k, if we neglect 5% POS rewards.

For blocks 20k - 30k, we have 10k blocks at 10,000% POS


10000% ANNUAL POS = ~27.3% daily POS (ROUGH ESTIMATE)

30 seconds per block = 2 blocks per minute = 2 x 60 x 24 = 2880 blocks per day

10k blocks will be covered in 10000/2880 = 3.47 days


Using linear ESTIMATES (THOUGH THIS IS NOT CORRECT), coinage at block 30k will increase by ~27.3% x 3.47 = 97.7%

Assuming a linear relation ship, coinage will increase in this fashion:

Block 30k = 97.7%
Block 40k = 97.7% x 0.9 = 89.9%
Block 50k = 97.7% x 0.8 = 78.1%
Block 60k = 97.7% x 0.7 = 68.3%
Block 70k = 97.7% x 0.6 = 58.6%
Block 80k = 97.7% x 0.5 = 48.8%
Block 90k = 97.7% x 0.4 = 39.1%
Block 100k = 97.7% x 0.3 = 29.3%
Block 110k = 97.7% x 0.2 = 19.5%
Block 120k = 97.7% x 0.1 = 9.7%


Lets stop at block 120k for simplicity, because all POS below 1000% is considerably less.

ESTIMATE increased coinage at 120k, neglecting additional POW blocks =

(1.977 x 1.899 x 1.781 x 1.683 x 1.586 x 1.488 x 1.391 x 1.293 x 1.195 x 1.097) x 2768 =

62.616 x 2768 = 173,321.3 PEX.


This is just a ROUGH ESTIMATE.

By block 120k, if we neglect POW, we should ideally have over 150k PEX.


up to block 200k, NEGLECTING POW we could estimate:

1.09 x 1.078 x 1.068 x 1.058 x 1.049 x 1.039 x 1.029 x 1.0195 x 173.3k PEX =

~1.5 x 173.3k PEX = ~ 260K PEX

So we should expect a total coinage of over 250k PEX created by POS + ~19K PEX created by POW

We know that POW mined coins will also stake during the period, so we could expect to see up to 300k PEX after the HIPOS  

What you have calculated is coin supply or money supply not coinage. Coinage is the time that coins are in your wallet. Coin/money supply is the total number of coins in circulation at a given time.

Now that I understand you asking what is the total money supply it is still not possible to calculate with any accuracy.  Since POS is percentage based you have to make assumptions how many coins will be staked. it is easy to calculate POW only or POS based on fixed rewards. If 1 coin is staked all the time the impact on total money supply will be immaterial. If all coins in circulation are staked all the time, then the impact on money supply will be material. This is amplified by the 1000% POS rates. The more coins are staked at those percentages the higher the moneysupply will become. It is just not possible to calculate with any accuracy. You could calculate the maximum extremes to all sides and know the answer is somewhere inbetween. Then you can calculate probabilities of outcomes inbetween and get to an answer with some % of confidence.

[PoSeX]

New Update being worked on. Should be ready within two - three weeks max this will be a sort of biggish one And will put us on Posex-3 Beast

[GREEDYJOHN]

ROUGH ESTIMATES USING SIMPLE MATHEMATICS


Example, we have at least 1868 + 900 = 2768 PEX at block 20k, if we neglect 5% POS rewards.

For blocks 20k - 30k, we have 10k blocks at 10,000% POS


10000% ANNUAL POS = ~27.3% daily POS (ROUGH ESTIMATE)

30 seconds per block = 2 blocks per minute = 2 x 60 x 24 = 2880 blocks per day

10k blocks will be covered in 10000/2880 = 3.47 days


Using linear ESTIMATES (THOUGH THIS IS NOT ACCURATE), coinage at block 30k will increase by ~27.3% x 3.47 = 97.7%

Assuming a linear relationship, coinage will increase in this fashion:

Block 30k = 97.7%
Block 40k = 97.7% x 0.9 = 89.9%
Block 50k = 97.7% x 0.8 = 78.1%
Block 60k = 97.7% x 0.7 = 68.3%
Block 70k = 97.7% x 0.6 = 58.6%
Block 80k = 97.7% x 0.5 = 48.8%
Block 90k = 97.7% x 0.4 = 39.1%
Block 100k = 97.7% x 0.3 = 29.3%
Block 110k = 97.7% x 0.2 = 19.5%
Block 120k = 97.7% x 0.1 = 9.7%


Lets stop at block 120k for simplicity, because all POS below 1000% is considerably less.

ESTIMATE increased coinage at 120k, neglecting additional POW blocks =

(1.977 x 1.899 x 1.781 x 1.683 x 1.586 x 1.488 x 1.391 x 1.293 x 1.195 x 1.097) x 2768 =

62.616 x 2768 = 173,321.3 PEX.


This is just a ROUGH ESTIMATE.

By block 120k, if we neglect POW, we should ideally have over 150k PEX.


up to block 200k, NEGLECTING POW we could estimate:

1.09 x 1.078 x 1.068 x 1.058 x 1.049 x 1.039 x 1.029 x 1.0195 x 173.3k PEX =

~1.5 x 173.3k PEX = ~ 260K PEX

So we should expect a total coinage of over 250k PEX created by POS + ~19K PEX created by POW

We know that POW mined coins will also stake during the period, so we could expect to see up to 300k PEX after the HIPOS  

What you have calculated is coin supply or money supply not coinage. Coinage is the time that coins are in your wallet. Coin/money supply is the total number of coins in circulation at a given time.

OK, I really wanted to determine TOTAL MONEY SUPPLY at the end of block 200k. Can you calculate an ESTIMATE for this?

[GREEDYJOHN]

New Update being worked on. Should be ready within two - three weeks max this will be a sort of biggish one And will put us on Posex-3 Beast

What is total coinage at block 200k?

[jc12345]

OK, I really wanted to determine TOTAL MONEY SUPPLY at the end of block 200k. Can you calculate an ESTIMATE for this?

Ill attempt a bit later as it will take some time.

[opmac]

Is the block explorer not working anymore?

[GREEDYJOHN]

Is the block explorer not working anymore?

OH I see,

Lets contact fairglu here:
https://bitcointalk.org/index.php?action=profile;u=221182

[opmac]

Yobit wallet maintenance as well ATM

[PoSeX]

Yobit wallet maintenance as well ATM

Was just about to report that lol

Now I am really confused as we all know everything is working & moving fine now so as to why we are back there has lost me i will pm them on here can you guys send some support tickets se if we can find out what is up now

[opmac]

Yobit wallet maintenance as well ATM

Was just about to report that lol

Now I am really confused as we all know everything is working & moving fine now so as to why we are back there has lost me i will pm them on here can you guys send some support tickets se if we can find out what is up now

Is it because of the block explorer not functioning?

[PoSeX]

Yobit wallet maintenance as well ATM

Was just about to report that lol

Now I am really confused as we all know everything is working & moving fine now so as to why we are back there has lost me i will pm them on here can you guys send some support tickets se if we can find out what is up now

Is it because of the block explorer not functioning?

No we was on yobit way before we had that so i do not see that as the issue

[Nightz]

Yobit wallet maintenance as well ATM

Was just about to report that lol

Now I am really confused as we all know everything is working & moving fine now so as to why we are back there has lost me i will pm them on here can you guys send some support tickets se if we can find out what is up now

I've sent support Two Tickets about this and have spoken to Dom in yobit chat so hopefully he can get intouch with em a bit faster or something, Best bet would be to just harass them 

[PoSeX]

Checkpoints updated

Nodes Added

Github synced

That should help keep the network stable and healthy