How to Take Advantage of POS - DNR

[buzzkillb]

I have 99 address with 3 coin in each, I got my 1st stake today but then the block split and i have 2x 1.5 DNR but from same address. Dont i need to keep new address for every block? can this split be turned of?

You want 500 addresses, and it takes over 10 days of 24/7 staking to really get going. If you are tired of staking so much you can just send your entire balance back to one address. 

[1715170904]

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[1715170904]

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[1715170904]

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[heresamemo]

This is very cool, i did it on a small scale just to test it out and its true, i had to turn the sound off my rig from the pings that keep rolling in lol

[madmack1]

ok ijust sat there creating addresses fr ages when i exported it my csv file shows 1000 lines looks like 1000 addresses. I thought limit was 500

[buzzkillb]

ok ijust sat there creating addresses fr ages when i exported it my csv file shows 1000 lines looks like 1000 addresses. I thought limit was 500

Sendmany only works to 500. So select 500 from the .csv.

POS taking over. Notice price going up too? 
https://chainz.cryptoid.info/dnr/#!extraction

[kawaiicrypto]

Just sent 0.1 DNR to 2900 addresses in my wallet, will let you know if anything weird happens once the coins mature enough to stake. xD

Link to tx: https://chainz.cryptoid.info/dnr/tx.dws?b8deac10630900678ddcf080271df344d3701d4b52e917002aba9323d2b29ee4.htm

[Mattthev]

Just sent 0.1 DNR to 2900 addresses in my wallet, will let you know if anything weird happens once the coins mature enough to stake. xD

Link to tx: https://chainz.cryptoid.info/dnr/tx.dws?b8deac10630900678ddcf080271df344d3701d4b52e917002aba9323d2b29ee4.htm

It also depends on amount on each address...

[buzzkillb]

Just sent 0.1 DNR to 2900 addresses in my wallet, will let you know if anything weird happens once the coins mature enough to stake. xD

Link to tx: https://chainz.cryptoid.info/dnr/tx.dws?b8deac10630900678ddcf080271df344d3701d4b52e917002aba9323d2b29ee4.htm

It also depends on amount on each address...

Are you sure about that? I have been looking for smaller wallets to see what happens. Kawaii should know in a week or 2 what happens.

[Mattthev]

Just sent 0.1 DNR to 2900 addresses in my wallet, will let you know if anything weird happens once the coins mature enough to stake. xD

Link to tx: https://chainz.cryptoid.info/dnr/tx.dws?b8deac10630900678ddcf080271df344d3701d4b52e917002aba9323d2b29ee4.htm

It also depends on amount on each address...

Are you sure about that? I have been looking for smaller wallets to see what happens. Kawaii should know in a week or 2 what happens.

I have in one wallet about 150 DNR the others like 10 or 5 DNR, the one with 150 DNR stake more often, didn't count the exact stake amount for each wallet so I might be worng.

[buzzkillb]

Just sent 0.1 DNR to 2900 addresses in my wallet, will let you know if anything weird happens once the coins mature enough to stake. xD

Link to tx: https://chainz.cryptoid.info/dnr/tx.dws?b8deac10630900678ddcf080271df344d3701d4b52e917002aba9323d2b29ee4.htm

It also depends on amount on each address...

Are you sure about that? I have been looking for smaller wallets to see what happens. Kawaii should know in a week or 2 what happens.

I have in one wallet about 150 DNR the others like 10 or 5 DNR, the one with 150 DNR stake more often, didn't count the exact stake amount for each wallet so I might be worng.

In that case if you havent tested and done the math, I would suggest splitting into 500 addresses. The person who tested this theory out, did it with smaller increments of DNR.

BTW masternodes are confirmed, so expect large staking about to happen. 

[kawaiicrypto]

Just sent 0.1 DNR to 2900 addresses in my wallet, will let you know if anything weird happens once the coins mature enough to stake. xD

Link to tx: https://chainz.cryptoid.info/dnr/tx.dws?b8deac10630900678ddcf080271df344d3701d4b52e917002aba9323d2b29ee4.htm

It also depends on amount on each address...

Indeed.

[kawaiicrypto]

Just sent 0.1 DNR to 2900 addresses in my wallet, will let you know if anything weird happens once the coins mature enough to stake. xD

Link to tx: https://chainz.cryptoid.info/dnr/tx.dws?b8deac10630900678ddcf080271df344d3701d4b52e917002aba9323d2b29ee4.htm

Turns out a raspberry Pi 3 is not powerful enough to try staking on 2900 addresses several times a minute... So moved the wallet to my desktop.. I guess the staking code is a single thread, since on my laptop denariusd runs with 1 core on full usage.. It is difficult to know how many stake attempts/second the wallet reaches (but could be measured I guess)..

Moral is: If you are going to run a staking wallet, use less than 2900 inputs. xD

[coinskeeper]

I am experimenting with cli commands.
Have question not related directly to your POS experiment.

When you are using sendomany command, from which address transaction fee will be deducted?

[buzzkillb]

New wallet is coming soon, get prepared with this for much more staking. 

[kawaiicrypto]

I am experimenting with cli commands.
Have question not related directly to your POS experiment.

When you are using sendomany command, from which address transaction fee will be deducted?

Without having checked, I would assume that the fee is deducted from the same address that the rest of the funds are sent from.

[miraj74]

Are you wondering how to stake more faster in your DNR QT Wallet?

Required:
Spreadsheet Software like Excel
Notepad++
Denarius QT Wallet
Some DNR whether its large or small.

First backup your wallet.dat. Now fully unlock the wallet to make this faster. Then create addresses, you will want 500, don't count, just click, push enter many times over and over again.

Make an address and give it a label. We will be sending the entire balance to this one address. I labelled mine armageddon. Now send the entire balance to this address.

Next with your new 500 or less addresses, go to the receive coins tab, and then File -> Export. This will export a .csv file somewhere, make note as we need to open that next. Copy the column with addresses, should be 500. From there we open a new notepad++ text file and paste the column in.

In notepad++ we should have 1 single column of addresses.

On line 1, click at the very first area on the left. Push ALT-C. Text to Insert will be a ". Click OK and this will put quotes down the left side.

Now if your balance is 5000 DNR with 500 addresses we want to distribute 10 DNR to each address. Do some quick math here on your balance and number of addresses.

Click, at the end of line 1, and push ALT-C. Text to insert will be ":10,

Code:

":10,

CTRL-A to highlight everything and copy with CTRL-C.

Now you have a text file in proper format, sample here

Code:

"WALLETADDRESS":10,

Go back into the QT Wallet to Help -> Debug Window -> Console.

This is a short sample of what to type into the console window.

Code:

sendmany "armageddon" '{"WALLETADDRESS1":10,WALLETADDRESS2":10}'

The line will be long, and you may end up with a , at the end. Make sure to delete the last comma before the }.

Push enter, it will distribute your balance to each address and give you a transaction number. Wait 8 hours for coins to mature and get to staking much more with this little trick. I don't think this works with other coins as DNR has a slightly different POS system. Also there seems to be a limit of 500 addresses for sendmany. And you can't do this twice to make 1000 addresses on the same wallet.

Is anyone else seeing a ? - question mark next to all of their mined coins? I’m not getting credit for any staked coins. It like deducting (0.00001) from each staking, rather than giving me coins.

Thanks,
Mike

[buzzkillb]

Are you wondering how to stake more faster in your DNR QT Wallet?

Required:
Spreadsheet Software like Excel
Notepad++
Denarius QT Wallet
Some DNR whether its large or small.

First backup your wallet.dat. Now fully unlock the wallet to make this faster. Then create addresses, you will want 500, don't count, just click, push enter many times over and over again.

Make an address and give it a label. We will be sending the entire balance to this one address. I labelled mine armageddon. Now send the entire balance to this address.

Next with your new 500 or less addresses, go to the receive coins tab, and then File -> Export. This will export a .csv file somewhere, make note as we need to open that next. Copy the column with addresses, should be 500. From there we open a new notepad++ text file and paste the column in.

In notepad++ we should have 1 single column of addresses.

On line 1, click at the very first area on the left. Push ALT-C. Text to Insert will be a ". Click OK and this will put quotes down the left side.

Now if your balance is 5000 DNR with 500 addresses we want to distribute 10 DNR to each address. Do some quick math here on your balance and number of addresses.

Click, at the end of line 1, and push ALT-C. Text to insert will be ":10,

Code:

":10,

CTRL-A to highlight everything and copy with CTRL-C.

Now you have a text file in proper format, sample here

Code:

"WALLETADDRESS":10,

Go back into the QT Wallet to Help -> Debug Window -> Console.

This is a short sample of what to type into the console window.

Code:

sendmany "armageddon" '{"WALLETADDRESS1":10,WALLETADDRESS2":10}'

The line will be long, and you may end up with a , at the end. Make sure to delete the last comma before the }.

Push enter, it will distribute your balance to each address and give you a transaction number. Wait 8 hours for coins to mature and get to staking much more with this little trick. I don't think this works with other coins as DNR has a slightly different POS system. Also there seems to be a limit of 500 addresses for sendmany. And you can't do this twice to make 1000 addresses on the same wallet.

Is anyone else seeing a ? - question mark next to all of their mined coins? I’m not getting credit for any staked coins. It like deducting (0.00001) from each staking, rather than giving me coins.

Thanks,
Mike

? means you didnt get the stake. I am starting to get more of those now too.

[Metroid]

So what is the percentage per month of the total invested doing this?

[buzzkillb]

So what is the percentage per month of the total invested doing this?

Its not a lot right now until the wallet is fixed for 6%/year rewards. But this will be worth it when that happens very soon. What this also does is gets more POS blocks to solve which makes POW solve less, making DNR a little more rare right now. So we compete with the miners. 

[Mattthev]

Does anybody build the DNR 1.0.8 wallet for Windows?
It's so easy build QT for Linux but I'm no sure how to do that for Windows

[Mattthev]

So you method still work has today?

im trying to find new fun thing to do 

Yeah it's keep rolling But it was way better to buy 1000 DNR for 0.5 USD than know.