[BitSynq]~P2P In Wallet Applications~ Modern Wallet Update to v1.1.6|Synq.tech

[zaph3t]

we should update Op with the exchanges we have so far:

https://www.coinexchange.io/market/SYNQ/BTC
https://novaexchange.com/market/BTC_SYNQ/

Sure i will do that soon.

[zaph3t]

Our next release will be in about 10 days with the release of the masternodes. We will also launch two online Casino Games so you can
play around while we get the p2p casino games ready. Thanks for supporting BitSynq and please stay tuned.

which casino games ? can u please elaborate ? i hope dice is not one of them.

Just some online casino for now so you can play around while we continue with the p2p casino games development.

[zaph3t]

Waited for my coins to mature and had my wallet open for 15+ hours.  Last night it said 10 minutes until i get the reward.  About 6 hours have gone buy and now it say 5 minutes till reward.  Is this normal?

maybe you need to try to restart your wallet close and open it back it will do some stake and you will received your rewards.

Not sure if this piece of information is of any value but what does this mean.  Your weight: 8,336,913
Network weight: 22,507,683 .  My weight as been steadily increasing over time do I need to wait for it to reach the full network weight to get my reward?

What is your total coins in your wallet? You will stake for sure but it will take sometime if you have very low coins in your wallet.
Your weight can go beyond the Network weight but that doesn't mean you will state on estimated time.  the staking depends on the number
of coins you have against other users on the network.

I have 12 thousand coins.  I haven't restarted the wallet just yet because I don't want to lose my progress but its now saying 4 minutes until reward after 3 hours have gone by.

Mine is doing the same thing.  For hours it will count down to 2 minutes..still nothing.  I have around 30000 coins.  Any ideas?  I closed and restarted wallet.  No luck.  I had my wallet open for 48 hours..

Your coins are too low and you just need to leave your wallet open. Do not close or restart because it wont change anything. I have 15k and since my wallet is open
from the beginning, i now stake like twice in 48hrs and sometime when im lucky, i stake in 24hrs. I cant stake continually like someone who has more than 100k.

[tomkat]

Waited for my coins to mature and had my wallet open for 15+ hours.  Last night it said 10 minutes until i get the reward.  About 6 hours have gone buy and now it say 5 minutes till reward.  Is this normal?

maybe you need to try to restart your wallet close and open it back it will do some stake and you will received your rewards.

Not sure if this piece of information is of any value but what does this mean.  Your weight: 8,336,913
Network weight: 22,507,683 .  My weight as been steadily increasing over time do I need to wait for it to reach the full network weight to get my reward?

What is your total coins in your wallet? You will stake for sure but it will take sometime if you have very low coins in your wallet.
Your weight can go beyond the Network weight but that doesn't mean you will state on estimated time.  the staking depends on the number
of coins you have against other users on the network.

I have 12 thousand coins.  I haven't restarted the wallet just yet because I don't want to lose my progress but its now saying 4 minutes until reward after 3 hours have gone by.

Mine is doing the same thing.  For hours it will count down to 2 minutes..still nothing.  I have around 30000 coins.  Any ideas?  I closed and restarted wallet.  No luck.  I had my wallet open for 48 hours..

Your coins are too low and you just need to leave your wallet open. Do not close or restart because it wont change anything. I have 15k and since my wallet is open
from the beginning, i now stake like twice in 48hrs and sometime when im lucky, i stake in 24hrs. I cant stake continually like someone who has more than 100k.

This seems to be a bug or something, and actually I already reported it once some time ago, but dev wasn't interested.
Now, look at this image, and let me know if this has anything to do with reality?

https://imgur.com/a/CQ17u

[Caladonian]

we should update Op with the exchanges we have so far:

https://www.coinexchange.io/market/SYNQ/BTC
https://novaexchange.com/market/BTC_SYNQ/

still the price is not showing good from those two exchange, i think holders are still waiting for much more trading site.

[tomkat]

Waited for my coins to mature and had my wallet open for 15+ hours.  Last night it said 10 minutes until i get the reward.  About 6 hours have gone buy and now it say 5 minutes till reward.  Is this normal?

maybe you need to try to restart your wallet close and open it back it will do some stake and you will received your rewards.

Not sure if this piece of information is of any value but what does this mean.  Your weight: 8,336,913
Network weight: 22,507,683 .  My weight as been steadily increasing over time do I need to wait for it to reach the full network weight to get my reward?

What is your total coins in your wallet? You will stake for sure but it will take sometime if you have very low coins in your wallet.
Your weight can go beyond the Network weight but that doesn't mean you will state on estimated time.  the staking depends on the number
of coins you have against other users on the network.

I have 12 thousand coins.  I haven't restarted the wallet just yet because I don't want to lose my progress but its now saying 4 minutes until reward after 3 hours have gone by.

Mine is doing the same thing.  For hours it will count down to 2 minutes..still nothing.  I have around 30000 coins.  Any ideas?  I closed and restarted wallet.  No luck.  I had my wallet open for 48 hours..

Your coins are too low and you just need to leave your wallet open. Do not close or restart because it wont change anything. I have 15k and since my wallet is open
from the beginning, i now stake like twice in 48hrs and sometime when im lucky, i stake in 24hrs. I cant stake continually like someone who has more than 100k.

This seems to be a bug or something, and actually I already reported it once some time ago, but dev wasn't interested.
Now, look at this image, and let me know if this has anything to do with reality?

https://imgur.com/a/CQ17u

My previous post below

Not sure if staking icon reports correct numbers.
It shows my weight is higher than spendable balance. Why...?

Edit: it also reports my weight is higher than network weight

https://imgur.com/a/zNacL

That one was even better - my weight was higher than network weight (and spendable balance)

[kellendil]

what was the ico price?

[raetsch]

 

Waited for my coins to mature and had my wallet open for 15+ hours.  Last night it said 10 minutes until i get the reward.  About 6 hours have gone buy and now it say 5 minutes till reward.  Is this normal?

maybe you need to try to restart your wallet close and open it back it will do some stake and you will received your rewards.

Not sure if this piece of information is of any value but what does this mean.  Your weight: 8,336,913
Network weight: 22,507,683 .  My weight as been steadily increasing over time do I need to wait for it to reach the full network weight to get my reward?

What is your total coins in your wallet? You will stake for sure but it will take sometime if you have very low coins in your wallet.
Your weight can go beyond the Network weight but that doesn't mean you will state on estimated time.  the staking depends on the number
of coins you have against other users on the network.

I have 12 thousand coins.  I haven't restarted the wallet just yet because I don't want to lose my progress but its now saying 4 minutes until reward after 3 hours have gone by.

Mine is doing the same thing.  For hours it will count down to 2 minutes..still nothing.  I have around 30000 coins.  Any ideas?  I closed and restarted wallet.  No luck.  I had my wallet open for 48 hours..

Your coins are too low and you just need to leave your wallet open. Do not close or restart because it wont change anything. I have 15k and since my wallet is open
from the beginning, i now stake like twice in 48hrs and sometime when im lucky, i stake in 24hrs. I cant stake continually like someone who has more than 100k.

This seems to be a bug or something, and actually I already reported it once some time ago, but dev wasn't interested.
Now, look at this image, and let me know if this has anything to do with reality?

https://imgur.com/a/CQ17u

My previous post below

Not sure if staking icon reports correct numbers.
It shows my weight is higher than spendable balance. Why...?

Edit: it also reports my weight is higher than network weight

https://imgur.com/a/zNacL

That one was even better - my weight was higher than network weight (and spendable balance)

your maximum weight depends on the code and normally is far higher than spendable coins. here it is unlimited. so your weight grows as long, as your coins don't hit a block.
so nothing wrong there.

of course, it is a bug, that your weight is bigger, than the network weight.

but trust me, this is pure statistic. you will never hit blocks in the time, that is mentioned there.

for example, i have a wallet that says, i hit a block every 6 minutes. block time is one minute and i hit every second block.

[tomkat]

Waited for my coins to mature and had my wallet open for 15+ hours.  Last night it said 10 minutes until i get the reward.  About 6 hours have gone buy and now it say 5 minutes till reward.  Is this normal?

maybe you need to try to restart your wallet close and open it back it will do some stake and you will received your rewards.

Not sure if this piece of information is of any value but what does this mean.  Your weight: 8,336,913
Network weight: 22,507,683 .  My weight as been steadily increasing over time do I need to wait for it to reach the full network weight to get my reward?

What is your total coins in your wallet? You will stake for sure but it will take sometime if you have very low coins in your wallet.
Your weight can go beyond the Network weight but that doesn't mean you will state on estimated time.  the staking depends on the number
of coins you have against other users on the network.

I have 12 thousand coins.  I haven't restarted the wallet just yet because I don't want to lose my progress but its now saying 4 minutes until reward after 3 hours have gone by.

Mine is doing the same thing.  For hours it will count down to 2 minutes..still nothing.  I have around 30000 coins.  Any ideas?  I closed and restarted wallet.  No luck.  I had my wallet open for 48 hours..

Your coins are too low and you just need to leave your wallet open. Do not close or restart because it wont change anything. I have 15k and since my wallet is open
from the beginning, i now stake like twice in 48hrs and sometime when im lucky, i stake in 24hrs. I cant stake continually like someone who has more than 100k.

This seems to be a bug or something, and actually I already reported it once some time ago, but dev wasn't interested.
Now, look at this image, and let me know if this has anything to do with reality?

https://imgur.com/a/CQ17u

My previous post below

Not sure if staking icon reports correct numbers.
It shows my weight is higher than spendable balance. Why...?

Edit: it also reports my weight is higher than network weight

https://imgur.com/a/zNacL

That one was even better - my weight was higher than network weight (and spendable balance)

your maximum weight depends on the code and normally is far higher than spendable coins. here it is unlimited. so your weight grows as long, as your coins don't hit a block.
so nothing wrong there.

of course, it is a bug, that your weight is bigger, than the network weight.

but trust me, this is pure statistic. you will never hit blocks in the time, that is mentioned there.

for example, i have a wallet that says, i hit a block every 6 minutes. block time is one minute and i hit every second block.

Well, I've seen many staking wallets (4 of them are constantly staking for me), and none of those wallets was showing such non-sense.
Obviously, staking information cannot give anything more than just an approximation, but it  should at least stick to the reality.
Ex: if block time is 60 seconds for instance, then reward time can't be constantly less than 60 seconds right? If network weight is 1000 then a user weight can't be higher.

[raetsch]

yes it can, the block time depends on the difficulty and statistic, pure statistic.
there is no rule that helps you, if one wallet hits 10 blocks in 10 seconds, because of luck.

and i saw many wallets with the same bug, no worries here, if this is your only problem, then i would think,everything is safe.

[tomkat]

yes it can, the block time depends on the difficulty and statistic, pure statistic.
there is no rule that helps you, if one wallet hits 10 blocks in 10 seconds, because of luck.

and i saw many wallets with the same bug, no worries here, if this is your only problem, then i would think,everything is safe.

You should not accept such non-sense so easily.
Then the devs release the DAO piece of shit because nobody cares about quality ... seriously...

[raetsch]

easy risk calculation.
i don't have enough coins to stake like hell and change my amount significantly.
i have experience with many staking wallets where i can compare the behavior.
i ignore weight and netweight everytime, because it is a theortically calculated value, has nothing to do with real measurement. look at the block explorer the get some real data and you will see it.

and well, DAO isn't an easy thing. it is a philosophical topic, bug or not.


1. here it is a bug. yes, possibly there are many more. how big is the chance, you will have a loss, because of a buggy wallet?
2. how big is the chance that the dev will run away?
3. how big is the chance, that there will be dump and the price won't recover?

my calc says: 2 and 3 are risks, 1 is not.

[zaph3t]

There is nothing wrong with the Staking structure no need to make it an issue. If you want to stake often, you need to
get more coins and that is the only solution. thank you.

[Shkembe]

I am pleased with staking. 8 blocks today with 200k in the wallet, not bad.

[Nashfire]

So with 30,000 coins  I will never stake anything?  It's been 3 days now, still nothing.

[bitseedmike]

Any chance we can have a way to lease coins for staking? I'd rather run the staking on a VPS but not keep any coins on it for security, but lease the coins from a different address.

[wahyu5]

Hi dev,
When ARTICLES BOUNTY and twitter bounty willl distributed?

[FredDag]

yes it can, the block time depends on the difficulty and statistic, pure statistic.
there is no rule that helps you, if one wallet hits 10 blocks in 10 seconds, because of luck.

and i saw many wallets with the same bug, no worries here, if this is your only problem, then i would think,everything is safe.

Agreed. This appears to be a small bug which affects the majority of POS wallets I have used.
Given how new this project is, how common this bug is in other wallets, and how it does not affect actual staking, I am not at all concerned about this at all.
FYI. with 200k coins in my wallet I might get anywhere from 10-20 blocks in 24 hours.

[dannyjr89]

This coin took a healthy dump, warm shit slowly unraveled onto everyone's faces. Hope no one lost more than what they could handle. I'm buying bulk coins at 5 sat a peice . Can't get much better than this right now.

[Odd Thomas]

less than 1% of supply has even been sold.