Can anyone help me? I have been staking Lana for over a day and have gotten no coins yet. What am I doing wrong? How many coins do I need to earn additional coins staking? Is there some settings that need to be set to stake?
Hi @BitKing3000 if your have encrypted your wallet make shure you unlock it for staking. Stake reward is: PoS reward: fixed 1000 LANA + 7% (yearly).
As with PoW (proof of work) PoS is a competition as well. Chances of finding/mining a PoS block are same for everyone. Same goes for people that solo mine. There is no quarantee that one will be the lucky person that mines the block.
You can check network weight and your weight by opening help/debug window and type "getstakinginfo" into the console. Stakers with more LANAs have a better chance of mining a stake blocks but there are other factors like network latency , opened LanaCoin tcp p2p port 7506 on your router.
You will get the following values and info on how competitive you are vs the network.
{
"enabled" : true,
"staking" : true,
"errors" : "",
"currentblocksize" : 1000,
"currentblocktx" : 0,
"pooledtx" : 0,
"difficulty" : 126274396.93471628,
"search-interval" : 16,
"weight" : 2060345515865312,
"netstakeweight" : 1038740394545245,
"expectedtime" : 151
}There may be some changes with the current PoS reward shema in the future but not just yet and there will be a comunity vote on such changes as i have no plan to play a dictator in this project ubt for shure no protocol changes will be made to serve a minority with greedy intentions.
Ps: You should into putting your coins into PoSWallet (check OP for link) and benefit form group staking but do note that it is a third party service and you are entrusting your LANAs to a third party.
Have a great weekend and i hope you find a PoS block or two.
