statt
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May 30, 2018, 05:53:13 PM |
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Some things never change... I'll just quote myself from exactly 4 months ago today: ... So I guess what I am trying to emphasize here is that it should be easy for the average Joe who wants to use TZC as a general form of payment and storage of value to easily determine the interest rate, so to speak, from parking their coins in their wallet (ie - staking them).
I'm not asking you to explain it to me like I'm 5 - or even explain it all, really - but I am asking the wallet and/or coin devs to consider making the staking function of the wallet a bit more user-friendly.
And FWIW, my measly 1203 TZC (mined when it was a *lot* higher in price) have yet to earn a single block from staking, though @statt did warn it might take 6 months. I might give it one more month, then I'm going to call this experiment with staking an interesting learning experience, but ultimately not worth it. Hello sir! I'm sorry to hear that you have not hit a stake with your balance. Always a disappointment. Very broadly speaking, that kind of balance might take between 3 to 10 months to stake. But it might also be affected by how your inputs happen to exist (many small, few large, etc.). For those with larger balances, the wallet will automatically merge or split inputs as it stakes, but for holders with amounts that might not stake for a month or more at a time, then it might help to take a look. Feel free to PM me if you wish to check on that. As for displaying, communicating, or even calculating an annual "interest rate", that is unfortunately inherently imprecise. However, this imprecision is by design, so to speak. Earlier models of PoS that utilized an actual APR (annual percentage rate, etc.) opened themselves up to a number of issues and exploits--e.g., many users would not leave their wallets open/connected, which helps the network, and would instead connect briefly once a month or so to "collect" their rewards. By having a variable rate that depends on the participating wallets, their balances, etc. it removes a number of security/network-health concerns.
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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store0x
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May 30, 2018, 09:45:02 PM |
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The roadmap will be posted tomorrow... end of may 2018
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TRexMcStubyArms
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May 31, 2018, 02:17:19 AM Last edit: May 31, 2018, 03:05:17 AM by TRexMcStubyArms |
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You have 37K coin days, which isnt so high.
The general consensus is if you have between 150K and 250K TZC you will find between 1 and 3 blocks a day with PoS.
It might help to clarify that aciddude was indicating 150k to 250k TZC coin balance may lead to 1-3 blocks a day via PoS. Coin balance is the actual coins you own. The 37k coin days/weight is a multiple of the balance. Since the max multiple is 15x, that means 37k weight could indicate a balance as low as ~2500 coins. With a hypothetical balance of 2.5k coins, staking would be much less frequent than daily. Just FYI. Good luck with your staking! I've always wondered what the min. balance to stake was as well. So by your math, someone would need a minimum of 10K coins to stake daily at this point in time. Thanks! Sorry, could explain your math TRexMcStubyArms? Based on the values mentioned above, one would expect to need 150k or higher to achieve a daily (estimated) stake rate? As for minimum to stake, iirc one might need at least 200 coins... Gah nevermind, too early in the morning. I took 150K coins and divided by max multiple of 15, thinking that was the minimum daily stake amount needed.
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TRexMcStubyArms
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May 31, 2018, 03:04:51 AM |
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As of this evening, I can't open my Windows 10 1.1 wallet. When it is reindexing the block chain on start up, I get the stopped working-close program pop up.
Is this a new issue due to a windows update?
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statt
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May 31, 2018, 03:40:06 AM |
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As of this evening, I can't open my Windows 10 1.1 wallet. When it is reindexing the block chain on start up, I get the stopped working-close program pop up.
Is this a new issue due to a windows update?
Perhaps if your update did a force-close on your apps (including wallets) when restarting? For problems that sounds like that, try launching the wallet with the -reindex parameter. May take 15+ min depending on your system specs. If that doesn't help, try a fresh install (please make careful backups first!) and if that doesn't work, please stop by the Slack/Discord for more real-time help. Good luck!
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ChekaZ (OP)
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May 31, 2018, 12:05:46 PM |
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We are happy and excited to announce and share the new RoadMap with you guys. Its our masterplan for the next year, I hope you like it.
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BTC: 1Ges1taJ69W7eEMbQLcmNGnUZenBkCnn45 FTC: 6sxjM96KMZ7t4AmDTUKDZdq82Nj931VQvY
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Sabai_dee
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May 31, 2018, 04:57:24 PM |
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I'm so disappointed not to see "Binance Listing" in the roadmap ... . . . just joking of course
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TRexMcStubyArms
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June 01, 2018, 03:44:32 AM |
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As of this evening, I can't open my Windows 10 1.1 wallet. When it is reindexing the block chain on start up, I get the stopped working-close program pop up.
Is this a new issue due to a windows update?
Perhaps if your update did a force-close on your apps (including wallets) when restarting? For problems that sounds like that, try launching the wallet with the -reindex parameter. May take 15+ min depending on your system specs. If that doesn't help, try a fresh install (please make careful backups first!) and if that doesn't work, please stop by the Slack/Discord for more real-time help. Good luck! This worked! Thank you.
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TRexMcStubyArms
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June 01, 2018, 03:46:07 AM |
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We are happy and excited to announce and share the new RoadMap with you guys. Its our masterplan for the next year, I hope you like it. Definitely do Chekaz, especially the travel site. Can you elaborate on the marketing plan at all?
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Be light
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In crypto we trust!
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June 04, 2018, 07:40:55 PM |
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How many coins do I need to good pos?
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statt
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June 04, 2018, 08:04:02 PM |
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How many coins do I need to good pos?
You'll need to define what "good pos" means to you. If you'd like to discuss in more detail, feel free to stop by the Slack or Discord.
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statt
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June 05, 2018, 01:39:22 PM |
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Announcing a new explorer -- More stats, more insights, more information! Check it out at: https://www.coinexplorer.net/TZC
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olamidey
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Buy, sell and store real cryptocurrencies
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June 09, 2018, 05:33:44 PM |
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If you are looking for a secured and private means of sending money then Trezarcoin is your best option. Trezarcoin is a digital currency that guarantees you secured store of value and a very fast transaction. It uses latest PoW and PoS algorithm to brief up its security standards. It makes use of the latest 0% PoS by Ghostlander and also utilize multi algo implementation to help with the security. There will be no need for mining equipments so far about 17% of the total coins have been distributed.
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ra213
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June 10, 2018, 07:35:48 PM |
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How many coins do I need to good pos?
You'll need to define what "good pos" means to you. If you'd like to discuss in more detail, feel free to stop by the Slack or Discord. There is also a calculator listed on their website. You can find it here. http://tzcposcalculator.cryptowatch.pt/
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MKTechWorld
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June 15, 2018, 12:17:39 AM |
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RESERVED
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statt
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June 15, 2018, 03:13:45 PM |
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*** New Exchange Listing in Asia-Focused Market ***[ Per ChekaZ] We are happy to announce that TZC has successfully entered the Asian markets.You can now trade Trezarcoin on https://fubt.top against BTC parity with FBT parity soon to come.
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TRexMcStubyArms
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June 15, 2018, 08:34:28 PM |
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*** New Exchange Listing in Asia-Focused Market ***[ Per ChekaZ] We are happy to announce that TZC has successfully entered the Asian markets.You can now trade Trezarcoin on https://fubt.top against BTC parity with FBT parity soon to come. *high five* TZC team
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srwaverino
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June 16, 2018, 05:33:52 PM |
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that's awesome! good job tzc team! also the community
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A$$bandit
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June 22, 2018, 07:34:41 PM |
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what is the minimum amount of coins needed to see a decent stake?
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ChekaZ (OP)
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June 22, 2018, 11:32:20 PM |
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what is the minimum amount of coins needed to see a decent stake?
Stake amount is always the same, but to see daily stakes, you need at least 150k-200k coins.
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BTC: 1Ges1taJ69W7eEMbQLcmNGnUZenBkCnn45 FTC: 6sxjM96KMZ7t4AmDTUKDZdq82Nj931VQvY
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