[ANN]Spectrecoin[XSPEC] TOR+OBFS4, Ring Sig, Stealth!

[spankx]

Folks, do 100% donation. best for us all!

[1714826403]

1714826403

[1714826403]

1714826403

[1714826403]

1714826403

[riOrizOr]

Best time to reinvest now in Xspec before prizing is going straight up again. Dont hesitate folks.

[hroub]

Hey guys! BTW,

https://BTCPop.co/Exchange/XSPEC/

added XSPEC on their exchange! What's even cooler is that BTCPop is a "staking pool" so whoever has amounts too small to stake or still has issues with their Mac wallet (like me) can depsit there and their XSPEC will automatically start staking right away (no minimum amount to stake needed)

EDIT: Also in a "staking pool" you don't have to keep your computer on and connected to the intenet for your wallet to stake, since all that is done in the staking pool server!

[snowboard]

i've been staking for 6 days now, but still no reward... how's this possible. The wallet is 80% of the day open for staking.

[Casimir1904]

We've listed XSPEC on BTCPOP and I bought some my self to get the pooled staking a bit quicker started.
On BTCPOP you get staking rewards for all PoS coins you hold in your account and for coins in sell orders.
We've a lot PoS coins already on BTCPOP and keep adding more.
Soon we'll also offer shared Masternodes and a lot of Masternode coins.

[pvk444]

i've been staking for 6 days now, but still no reward... how's this possible. The wallet is 80% of the day open for staking.

Use the following shortcut to calculate the hours until first stake rewards (assuming 5% reward)

350400 / Number of XSPEC = Hours till first Stake

To expect to receive a stake in less than 6 days, you need to hold more than 2500 XSPEC.

(Calculation is only approximative. In particular, the real return right now is more like 10%, so the number of XSPEC needed would be in the order of 1250. On the otherhand, there is also the luck factor which needs to be accounted for)

[Beachguy]

@snowboard - you really should find someway to get your wallet to a machine that would keep it up 24/7.
shutting down your client for 4~5  hours a day will hurt your staking

I stake with my laptop....set up to never "sleep"....and other than closing the wallet to move between home and work for anywhere from 15~30 minutes it stakes pretty consistently.
current network weight is just over 6.4 million xspec....so you should consider that as well.

[snowboard]

@snowboard - you really should find someway to get your wallet to a machine that would keep it up 24/7.
shutting down your client for 4~5  hours a day will hurt your staking

I stake with my laptop....set up to never "sleep"....and other than closing the wallet to move between home and work for anywhere from 15~30 minutes it stakes pretty consistently.
current network weight is just over 6.4 million xspec....so you should consider that as well.

Thank you for your advice. I will look for a way to stake more stable.

[riOrizOr]

Any information yet about the development?

[Beachguy]

Have you read the website,roadmap and the coinwiki? All on the OP.
You might join the discord group and learn even more. 

[hroub]

i've been staking for 6 days now, but still no reward... how's this possible. The wallet is 80% of the day open for staking.

Use the following shortcut to calculate the hours until first stake rewards (assuming 5% reward)

350400 / Number of XSPEC = Hours till first Stake

To expect to receive a stake in less than 6 days, you need to hold more than 2500 XSPEC.

(Calculation is only approximative. In particular, the real return right now is more like 10%, so the number of XSPEC needed would be in the order of 1250. On the otherhand, there is also the luck factor which needs to be accounted for)

You currently need 14600 XSPEC to see staking rewards everyday (365 times a year). Here are some formulas and math:

https://www.reddit.com/r/XSPEC/comments/7vay51/spectre_xspec_pos_v3_staking_metrics/?ref=share&ref_source=link

[Cubirez]

i've been staking for 6 days now, but still no reward... how's this possible. The wallet is 80% of the day open for staking.

Use the following shortcut to calculate the hours until first stake rewards (assuming 5% reward)

350400 / Number of XSPEC = Hours till first Stake

To expect to receive a stake in less than 6 days, you need to hold more than 2500 XSPEC.

(Calculation is only approximative. In particular, the real return right now is more like 10%, so the number of XSPEC needed would be in the order of 1250. On the otherhand, there is also the luck factor which needs to be accounted for)

You currently need 14600 XSPEC to see staking rewards everyday (365 times a year). Here are some formulas and math:

https://www.reddit.com/r/XSPEC/comments/7vay51/spectre_xspec_pos_v3_staking_metrics/?ref=share&ref_source=link

Actually the formula is inaccurate, because it makes the suppositions :
1) the amount of Spectrecoin is 20 000 000 (actually a tiny bit higher ~ 20,8M tokens)
2) All the XSPEC are in wallets and stacking.

In fact only a bit over 1/3rd of the total amount of spectre is stacking.
Therefore the reward is a bit under 3 times higher than the formula used above, and with 5-6k tokens you should average around 1 stake a day (as staking is also based on luck, it's an average, you might stake more or less depending on your luck)

[pvk444]

i've been staking for 6 days now, but still no reward... how's this possible. The wallet is 80% of the day open for staking.

Use the following shortcut to calculate the hours until first stake rewards (assuming 5% reward)

350400 / Number of XSPEC = Hours till first Stake

To expect to receive a stake in less than 6 days, you need to hold more than 2500 XSPEC.

(Calculation is only approximative. In particular, the real return right now is more like 10%, so the number of XSPEC needed would be in the order of 1250. On the otherhand, there is also the luck factor which needs to be accounted for)

You currently need 14600 XSPEC to see staking rewards everyday (365 times a year). Here are some formulas and math:

https://www.reddit.com/r/XSPEC/comments/7vay51/spectre_xspec_pos_v3_staking_metrics/?ref=share&ref_source=link

Actually the formula is inaccurate, because it makes the suppositions :
1) the amount of Spectrecoin is 20 000 000 (actually a tiny bit higher ~ 20,8M tokens)
2) All the XSPEC are in wallets and stacking.

In fact only a bit over 1/3rd of the total amount of spectre is stacking.
Therefore the reward is a bit under 3 times higher than the formula used above, and with 5-6k tokens you should average around 1 stake a day (as staking is also based on luck, it's an average, you might stake more or less depending on your luck)

The formula is exact, but assumes that the effective interest is 5%, as designed into the system. The amount of XSPEC in circulation plays no role in this calculation and under this assumption.

The question is, what the true interst received is. That is rather impossible to calculate without knowing exactly the amount of XSPEC in staking wallets and the total amount of XSPEC available. As indicated, the true interest varies continuously, and tends to be anywhere between 10% and 20% these days.

[DarkGnyss]

something seems to me that Bitcoin does not really fall .... too somehow slowly and controlled. It looks like a managed process.

[hroub]

i've been staking for 6 days now, but still no reward... how's this possible. The wallet is 80% of the day open for staking.

Use the following shortcut to calculate the hours until first stake rewards (assuming 5% reward)

350400 / Number of XSPEC = Hours till first Stake

To expect to receive a stake in less than 6 days, you need to hold more than 2500 XSPEC.

(Calculation is only approximative. In particular, the real return right now is more like 10%, so the number of XSPEC needed would be in the order of 1250. On the otherhand, there is also the luck factor which needs to be accounted for)

You currently need 14600 XSPEC to see staking rewards everyday (365 times a year). Here are some formulas and math:

https://www.reddit.com/r/XSPEC/comments/7vay51/spectre_xspec_pos_v3_staking_metrics/?ref=share&ref_source=link

Actually the formula is inaccurate, because it makes the suppositions :
1) the amount of Spectrecoin is 20 000 000 (actually a tiny bit higher ~ 20,8M tokens)
2) All the XSPEC are in wallets and stacking.

In fact only a bit over 1/3rd of the total amount of spectre is stacking.
Therefore the reward is a bit under 3 times higher than the formula used above, and with 5-6k tokens you should average around 1 stake a day (as staking is also based on luck, it's an average, you might stake more or less depending on your luck)

The formula is exact, but assumes that the effective interest is 5%, as designed into the system. The amount of XSPEC in circulation plays no role in this calculation and under this assumption.

The question is, what the true interst received is. That is rather impossible to calculate without knowing exactly the amount of XSPEC in staking wallets and the total amount of XSPEC available. As indicated, the true interest varies continuously, and tends to be anywhere between 10% and 20% these days.

The interest rate in the OP states 5%. Are you saying that it depends on the amount of XSPEC in staking wallets? Why? Is there a formula for that so we can calculate the actual interest or the amount in staking wallets?

If it's really 10% or 20%, then the minimum needed to stake every day would be 7300 XSPEC or 3650 XSPEC respectively. Question is how do we know the other variables? Is there a page with the XSPEC current info?

[pvk444]

i've been staking for 6 days now, but still no reward... how's this possible. The wallet is 80% of the day open for staking.

Use the following shortcut to calculate the hours until first stake rewards (assuming 5% reward)

350400 / Number of XSPEC = Hours till first Stake

To expect to receive a stake in less than 6 days, you need to hold more than 2500 XSPEC.

(Calculation is only approximative. In particular, the real return right now is more like 10%, so the number of XSPEC needed would be in the order of 1250. On the otherhand, there is also the luck factor which needs to be accounted for)

You currently need 14600 XSPEC to see staking rewards everyday (365 times a year). Here are some formulas and math:

https://www.reddit.com/r/XSPEC/comments/7vay51/spectre_xspec_pos_v3_staking_metrics/?ref=share&ref_source=link

Actually the formula is inaccurate, because it makes the suppositions :
1) the amount of Spectrecoin is 20 000 000 (actually a tiny bit higher ~ 20,8M tokens)
2) All the XSPEC are in wallets and stacking.

In fact only a bit over 1/3rd of the total amount of spectre is stacking.
Therefore the reward is a bit under 3 times higher than the formula used above, and with 5-6k tokens you should average around 1 stake a day (as staking is also based on luck, it's an average, you might stake more or less depending on your luck)

The formula is exact, but assumes that the effective interest is 5%, as designed into the system. The amount of XSPEC in circulation plays no role in this calculation and under this assumption.

The question is, what the true interst received is. That is rather impossible to calculate without knowing exactly the amount of XSPEC in staking wallets and the total amount of XSPEC available. As indicated, the true interest varies continuously, and tends to be anywhere between 10% and 20% these days.

The interest rate in the OP states 5%. Are you saying that it depends on the amount of XSPEC in staking wallets? Why? Is there a formula for that so we can calculate the actual interest or the amount in staking wallets?

If it's really 10% or 20%, then the minimum needed to stake every day would be 7300 XSPEC or 3650 XSPEC respectively. Question is how do we know the other variables? Is there a page with the XSPEC current info?

Several points to make here:

• If all XSPEC would be staked, the average return over the entire population would be exactly 5%. As 5% is a population mean, this means that on an individual level there could be some minor fluctuations at any given time, but across time, you would again expect to see 5% return even on an individual wallet level.
• However, since not all XSPEC is being staked (e.g. some are on exchanges, some wallets are offline, some XSPEC might have been "lost" ...) the effective staking population is always smaller than the theoretical value.
• Whereas I don't think it's possible to know exactly how much XSPEC is being staked at a given moment, the estimate provided above (1 / 3) sounds reasonable
• Now, and finally, the system-wide interest is fixed at 5% (i.e. 5% of approx. 21m = 1.2m per year at present),  but this amount is spread among the staking population only, and thus, on an individual wallet level, the effective interest received is currently somewhere between 10% and 20%

The math and approach is in principle fairly simple. The fluctuations are the result of distributional features of the online (staking) and offline (non-staking) populations, which is a statistical quantity and therefore impossible to know in advance with high precision on the level of an individual wallet.

[Beachguy]

Most old,new and prospective members should enjoy this.....by @trainasauruswrecks of the SpectreCoin community. This is what being community based means.....contributions like this are what make SpectreCoin great!

Spectrecoin Illustrated Guide Part 1

[snowboard]

Most old,new and prospective members should enjoy this.....by @trainasauruswrecks of the SpectreCoin community. This is what being community based means.....contributions like this are what make SpectreCoin great!

Spectrecoin Illustrated Guide Part 1

Very nice!
This guy put alot of effort in making this flyer. Now it's time to show mutual respect and spread it all across the internet!

[Acura3600]

My Spectrewallet 1.3.5. is no more syncing - it hangs on syncing - anybody got a solution ?
Yesterday staking & syncing no problems - i got no error - but it hangs on syncing.

[Beachguy]

SpectreCoin Logo Contest

Calling all Artists:  The New Logo contest is officially open.

Make your submission via email to: marketing.spectrecoin@gmail.com
Deadline: Monday, 12th Feb, 8pm GMT
Parameters as follows:
- ghost based logos
- colour: one black and white, and one grey scale
- format: one in square badge, one in a circular badge, one as standalone with no borders
- both png and original format (.ai)

Next steps: Once the deadline passes, the submissions will be reviewed. Depending on the amount of submissions received, Top X (to be determined) will be presented to the community voting.