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Author Topic: Novacoin - Estimate the Percentage of Active Stakes  (Read 1830 times)
paul.r.k (OP)
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October 07, 2013, 04:48:44 PM
 #1

Hi, I am interested in proof-of-stake coins.
I have researched a little about PoS and it turned out to be important to keep PoS miners actively monitoring transactions online and minting PoS blocks.

Btw, is there any way to estimate the percentage of active stakes?
I have found that PoS difficulty and netstakeweight are closely connected each other (both are shown by the commands, getdifficulty and getmininginfo respectively).
I have got the number of 343369 which is coin*day value supposedly contributing to the minting (and securing) process online.

But I could not find (or calculate) the number of total coin*day (or coin*day calculated from more-than-30-day-old coins only).
Balthazar
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January 15, 2014, 06:48:00 AM
 #2

Net stake weight approximation works like hashrate approximation works with PoW.

PoW diff-1 is 4.295 * 10^9 hashes per block
PoS diff-1 is 4.295 * 10^9 coin*day*second per block

But I could not find (or calculate) the number of total coin*day (or coin*day calculated from more-than-30-day-old coins only).
ABE is able to provides such stats. But it's pretty senseless, because the network doesn't make any difference between active/inactive/destroyed coins.

You can also use this chart

http://charts.novaco.in/#mat_outs

to get some info.
paul.r.k (OP)
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January 21, 2014, 03:19:39 PM
 #3

Thanks for the info.

The output number (purple) is the number of matured (30 days) outputs, right?
And the output volume (blue) is the number of coins associated with "exercised" (i.e. have been used for generating a block) outputs?

I wanted to estimate the "stake power" hoarded and intentionally not exercised even someone can do it easily if she tries.
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