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

[Sir_Astral]

I think dev is gone forever now.

why you say that?

>staking is not working
>dump

[Klaasje]

I think dev is gone forever now.

why you say that?

>staking is not working
>dump

Its a freecoin, i see a lot of people dump there 0.01 PEX. Seen that before on other coins from the freecoin section.

as long as its more then 10k sats people can dump instantly. I think Dev is comming back.

My wallet is in staking modus ill report when i have my first stake reward

[Klaasje]

just got my first stake 

[SockPuppetAccount]

Pretty sure this is the STS developer, and he still isn't grasping the point I was trying to make in that thread about how you need to accumulate 1 coin-day before an input is eligible to stake.  If you are just getting free coins from the faucet and withdrawing them right away, resulting in a whole bunch of small 0.008 PozSex inputs in your wallet, I promise they will never stake.  They will be eligible to stake eventually, but at that point they will not be able to compete with all the weight that is on the network.

If you do not have AT LEAST ~0.3 PozSex coins right now, buy more immediately or just dump what you have right now and don't bother because you'll never stake anyway.  If you have more than 0.3 PozSex coins right now, combine them all into one input immediately if you haven't already (send all your coins to yourself), then close your wallet until block 10,000.  DO NOT waste coinage for 10% annual interest.  Yes, staking works but it is set at 10% until the hyperinflation kicks in at block 10,000.

My internet connection is wonky as fuck right now for some reason and github won't load so I can't check to see if PoW ends at block 10,000 or not.  If it does end, count on the blockchain slamming on the brakes HARD at block 10,000.  Don't be alarmed, it should speed up to the planned 10 second block times after a day or two.

If this is the STS dev, I'm not going to return to this thread to explain this simple shit to him again.  Don't worry, this thread will not be filled with "FUD" or "criticism" or "accurate statements that describe reality and expose dev incompetence".  I'll just come back in a week to say I told ya so.  This is exactly what is going on right now, and how this is going to play out.

I bought around 0.5 PozSex before I looked at the coin more closely, so I would like to see the coin at least get 1 good pump.  So, I am with all you POZ pigs on this one.

[PoSeX]

First Update is nearly complete people     

I will get block ex up too to stop half this nonsense.

And

SockPuppetAccount - All you ever do on most threads is what you are now. (I know as I checked your posts) Unless you got something positive to say then go somewhere else please.

Or Keep it up it's all PUBLICITY

& Have i stated anything wrong about Proof Of Stake ?

[VenMiner]

Hi guys, so i need to have more of 1 coin for stake?

[jc12345]

After waiting half a day for my individual chunks of coins to mature without success I decided to combine them into one block in line with SockPuppet's advice. Perhaps the coins will mature if not in small < 1 coin input blocks. Pity that I lost half a day though.

[PoSeX]

Yes we would agree with SockPuppetAccount you should combine your coins into bigger amounts when possible for a more effective way to gain some network weight and stake to find rewards and progress the chain 

[Klaasje]

Yes we would agree with SockPuppetAccount you should combine your coins into bigger amounts when possible for a more effective way to gain some network weight and stake to find rewards and progress the chain 

Like i posted i have got a stake reward today

[Sir_Astral]

How to combine it? Tx fee is too large.

[VenMiner]

How to combine it? Tx fee is too large.

one big input, all your coins in one input.

[Sir_Astral]

How to combine it? Tx fee is too large.

one big input, all your coins in one input.

Requires 0.0189 PEX fee to send. 

[VenMiner]

How to combine it? Tx fee is too large.

one big input, all your coins in one input.

Requires 0.0189 PEX fee to send. 

you send from you own wallet to you own wallet the fee most be 0.001,  someone tell me if i´m wrong?

[tazmantasik]

watching with interest

[SockPuppetAccount]

SockPuppetAccount - All you ever do on most threads is what you are now. (I know as I checked your posts)

I 100% agree with you.  In most threads, I aim to relay useful information, call out stupidity and scamming when I see it, and offer constructive feedback and ideas.  What's the problem?

Unless you got something positive to say then go somewhere else please.

Good feels and positivity does not make coins stake.

Have i stated anything wrong about Proof Of Stake ?

No, you have simply learned nothing from the clusterfuck that was STS.

Hi guys, so i need to have more of 1 coin for stake?

No.  You need to accumulate 1 full coin day before block 10,000.

1 PozSex not moved for 1 full day = 1 coin day

0.1 PozSex not moved for 10 full days = 1 coin day

0.01 PozSex not moved for 100 full days = 1 coin day

We are at block 2112.  7888 blocks to go.  PoW block time of 30 seconds means 2880 blocks in a day.  7888 / 2880 = ~2.74 days before block 10,000.

(# of PozSex coins you hold) X 2.74 = 1 coin day so 1/2.74 = 0.365 PozSex coins.

So, if you have or can obtain 0.365 PozSex immediately and combine it all into one input (send them all to yourself) you should be fine by block 10,000.

You'll be fine with less if we all just agree to not PoW mine as much.  We can slow the chain down and give people a chance to accumulate more coins and reach 1 coin day with the coins they hold now.  I believe the dev (or whoever is mining) has figured this out already , as I can see the chain slowing down and even stopping for 5-10 minute stretches.  If we can double the amount of days it takes to reach block 10,000, we cut that minimum 0.365 down to 0.1825.

[PoSeX]

Lol we see in 1 month who is who won't we mate And when the updates come rolling out you will see it really is that simple 

Market price rising again.

AND WE TESTED STAKING BEFORE RELEASE AND GOT STAKES MATE SO YES IT DOES WORK!!!

[Sir_Astral]

How to combine it? Tx fee is too large.

one big input, all your coins in one input.

Requires 0.0189 PEX fee to send. 

you send from you own wallet to you own wallet the fee most be 0.001,  someone tell me if i´m wrong?

From my wallet to my wallet. Requires 0.0189 fee.

[VenMiner]

Hi guys, so i need to have more of 1 coin for stake?

No.  You need to accumulate 1 full coin day before block 10,000.

1 PozSex not moved for 1 full day = 1 coin day

0.1 PozSex not moved for 10 full days = 1 coin day

0.01 PozSex not moved for 100 full days = 1 coin day

We are at block 2112.  7888 blocks to go.  PoW block time of 30 seconds means 2880 blocks in a day.  7888 / 2880 = ~2.74 days before block 10,000.

(# of PozSex coins you hold) X 2.74 = 1 coin day so 1/2.74 = 0.365 PozSex coins.

So, if you have or can obtain 0.365 PozSex immediately and combine it all into one input (send them all to yourself) you should be fine by block 10,000.

You'll be fine with less if we all just agree to not PoW mine as much.  We can slow the chain down and give people a chance to accumulate more coins and reach 1 coin day with the coins they hold now.  I believe the dev (or whoever is mining) has figured this out already , as I can see the chain slowing down and even stopping for 5-10 minute stretches.  If we can double the amount of days it takes to reach block 10,000, we cut that minimum 0.365 down to 0.1825.


[/quote]
Really good info, thanks a lot.

[PoSeX]

How to combine it? Tx fee is too large.

one big input, all your coins in one input.

Requires 0.0189 PEX fee to send. 

you send from you own wallet to you own wallet the fee most be 0.001,  someone tell me if i´m wrong?

From my wallet to my wallet. Requires 0.0189 fee.

We can certainly look into adjusting the Tx_Fee  if you wish us too

[SockPuppetAccount]

Yes we would agree with SockPuppetAccount you should combine your coins into bigger amounts when possible for a more effective way to gain some network weight and stake to find rewards and progress the chain 

Like i posted i have got a stake reward today

Exactly.  The timing of your posts about buying 1.88 PozSex and when you got your first stake suggest to me that you staked pretty much exactly when I would have expected you to.  It would have only taken you 13-14 hours to accumulate 1 coin day.  This is why we never even notice the 1 coin day requirement in 99% of PoS coins.  An input of 100 coins takes a mere 15 minutes to accumulate 1 coin day!

How to combine it? Tx fee is too large.

one big input, all your coins in one input.

Requires 0.0189 PEX fee to send. 

you send from you own wallet to you own wallet the fee most be 0.001,  someone tell me if i´m wrong?

From my wallet to my wallet. Requires 0.0189 fee.

Were you PoW mining transaction fees and now have hundreds of 0.002 inputs?  Use coin control, try to combine all your tiny inputs in smaller batches of 10-20 inputs at a time (as high as you can go until it starts charging over 0.0001 fee) at a time.  Then combine those and so on til you are down to 1 input.