Bitcoin Forum
October 18, 2017, 07:47:07 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 [141] 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 ... 316 »
  Print  
Author Topic: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico  (Read 429969 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
mtwelve
Legendary
*
Offline Offline

Activity: 1008


Bitcoin Journalist PM for more info


View Profile WWW
November 04, 2014, 02:28:26 PM
 #2801

I might get 100K HYP before I diversify into TEK, I really love the coin and the community. With the coins so cheap right now, now's a great time to pick it up. Also, is tek POS truly 500% yearly now? Been hearing about some forks or whatever, but don't really keep up. Can anyone explain what is going on?

1508312827
Hero Member
*
Offline Offline

Posts: 1508312827

View Profile Personal Message (Offline)

Ignore
1508312827
Reply with quote  #2

1508312827
Report to moderator
1508312827
Hero Member
*
Offline Offline

Posts: 1508312827

View Profile Personal Message (Offline)

Ignore
1508312827
Reply with quote  #2

1508312827
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508312827
Hero Member
*
Offline Offline

Posts: 1508312827

View Profile Personal Message (Offline)

Ignore
1508312827
Reply with quote  #2

1508312827
Report to moderator
1508312827
Hero Member
*
Offline Offline

Posts: 1508312827

View Profile Personal Message (Offline)

Ignore
1508312827
Reply with quote  #2

1508312827
Report to moderator
ryanb
Legendary
*
Offline Offline

Activity: 1134



View Profile
November 04, 2014, 04:24:18 PM
 #2802

I staked at 42% past 5 days ago.

If you compound the interest it will pass 500%

https://bitcoinfundingteam.com/ref/SatoshiTeam
turn 0.1 BTC to 80BTC week after week!!!
mtwelve
Legendary
*
Offline Offline

Activity: 1008


Bitcoin Journalist PM for more info


View Profile WWW
November 04, 2014, 04:25:22 PM
 #2803

Okay nice. Recommended starting amount?

Trololoh
Sr. Member
****
Offline Offline

Activity: 460



View Profile
November 04, 2014, 05:28:06 PM
 #2804

I staked at 42% past 5 days ago.

If you compound the interest it will pass 500%
Any idea what diff was at that time ?
thundertoe
Legendary
*
Offline Offline

Activity: 938



View Profile
November 04, 2014, 05:36:14 PM
 #2805

Okay nice. Recommended starting amount?

there is no optimum size really. Larger blocks have advantage of being more "powerful".  If you have a small block its like a small miner you "might" get lucky mint a block quick and should eventually, larger blocks/miners usually mint quicker. If you don't mint right away it will pay you more for the extra time you spent waiting. Somewhere back recently Biomech staked a single Tekcoin it did take him a few extra days but staked with extra payment.
mtwelve
Legendary
*
Offline Offline

Activity: 1008


Bitcoin Journalist PM for more info


View Profile WWW
November 04, 2014, 05:50:59 PM
 #2806

My bad, been around HYP and 1000 reward limit for too long  Cheesy

Biomech
Legendary
*
Offline Offline

Activity: 1176


Anarchy is not chaos.


View Profile
November 04, 2014, 06:09:26 PM
 #2807

My bad, been around HYP and 1000 reward limit for too long  Cheesy

This was my first POS coin, and remains my favorite. It's definitely an accumulate and hold sort of coin. I'd try to start off with about 5K. I don't have that much at the moment, because I had problems in life and had to sell, but it stakes generally within a few days of the thirty day maturity. Far less sensitive to block size than HYP, and the hybrid nature makes it so that the chain keeps moving even if there are problems with POS.

There were some problems a bit back. Pretty bad transition to the fixed wallet, though it did get straight. I was part of that, as a guinea pig, and it was a bit of a PR disaster Tongue During that time, the POW side worked just fine. There were, unfortunately, several forks for a few days. In retrospect, it could have been done better, but we all thought we had a lid on it.
Now it's working as it should, and yes, sometimes the NVCS system does lower the interest if the difficulty gets too high, but you can choose not to stake at those times, and all you lose is a bit of time.

TEK is a very solid coin.

Buy Bitcoins with Paypal, Credit card, or other methods. Send me a PM or a text to 208-451-2665.
Trololoh
Sr. Member
****
Offline Offline

Activity: 460



View Profile
November 05, 2014, 01:39:31 AM
 #2808

I have created a spread over 30 days.
Smallest stack size 18 TEK, no problem.
When diff is low they stake almost instantly.
That was a while ago, later on I bought some more created additional spreads and I have rewards coming in at command.
Just a matter of unlocking your wallet when diff is minimal.
Hardest part is to wait 30 days and to create a spread over 30 days.
So in total it will take about 60 days before your minting machine runs smoothly.
But its worth it.  Grin
ryanb
Legendary
*
Offline Offline

Activity: 1134



View Profile
November 05, 2014, 01:55:24 AM
 #2809

I staked at 42% past 5 days ago.

If you compound the interest it will pass 500%
Any idea what diff was at that time ?

it was 0.000061


https://bitcoinfundingteam.com/ref/SatoshiTeam
turn 0.1 BTC to 80BTC week after week!!!
Trololoh
Sr. Member
****
Offline Offline

Activity: 460



View Profile
November 05, 2014, 10:42:00 AM
 #2810

I staked at 42% past 5 days ago.

If you compound the interest it will pass 500%
Any idea what diff was at that time ?

it was 0.000061


That seems to be the magic nr.
Like I said, with low diff it means almost instant staking and we seem to only have more and more of these.
Staking at command.
Sweet !
Smits
Newbie
*
Offline Offline

Activity: 7


View Profile
November 05, 2014, 12:25:45 PM
 #2811

I staked at 42% past 5 days ago.

If you compound the interest it will pass 500%
Any idea what diff was at that time ?

it was 0.000061


That seems to be the magic nr.
Like I said, with low diff it means almost instant staking and we seem to only have more and more of these.
Staking at command.
Sweet !

I've been staking at just above 40% recently as well (and very quick turn around Cheesy)
David Latapie
Hero Member
*****
Offline Offline

Activity: 658


Monero Core Team


View Profile WWW
November 05, 2014, 07:25:44 PM
 #2812

I have noticed it has become more easier to wait for low diff of 0.000061.
Do you mean that HYP network (around 2.1) is THREE HUNDRED THOUSAND TIMES more secure than TEK's?

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
Reputation threadFree bitcoins: reviews, hints…: freebitco.in, freedoge.co.in, qoinpro
Biomech
Legendary
*
Offline Offline

Activity: 1176


Anarchy is not chaos.


View Profile
November 05, 2014, 07:32:57 PM
 #2813

I have noticed it has become more easier to wait for low diff of 0.000061.
Do you mean that HYP network (around 2.1) is THREE HUNDRED THOUSAND TIMES more secure than TEK's?

No. Because TEK is a hybrid and HYP is a pure POS coin. They don't really directly compare in security. The POW network difficulty... welll, I'll just pull the json.
{
"proof-of-work" : 237857.13633377,
"proof-of-stake" : 0.00006450,
"search-interval" : 1
}

As you know, I'm heavily into both of these coins, and I'm not going to badmouth either one. Honest comparisons are good, but on this one it's apples and oranges. I think HYP is the best secured and best functioning pure High PoS coin, but it's security is actually several orders of magnitude lower than TEK from a purely technical standpoint. Granted, it's harder to mount a 51% attack on HYP or any PoS coin that it would be on a pure PoW coin. But hybrids are the most secure of all, AND continue to function if something goes wrong with one of the proofs of work.

Both coins have strong merits and some problems. I have a strong position in both, and I consider them both worthy of it.


Buy Bitcoins with Paypal, Credit card, or other methods. Send me a PM or a text to 208-451-2665.
David Latapie
Hero Member
*****
Offline Offline

Activity: 658


Monero Core Team


View Profile WWW
November 05, 2014, 08:05:04 PM
 #2814

I have noticed it has become more easier to wait for low diff of 0.000061.
Do you mean that HYP network (around 2.1) is THREE HUNDRED THOUSAND TIMES more secure than TEK's?

No. Because TEK is a hybrid and HYP is a pure POS coin. They don't really directly compare in security. The POW network difficulty... welll, I'll just pull the json.
{
"proof-of-work" : 237857.13633377,
"proof-of-stake" : 0.00006450,
"search-interval" : 1
}

As you know, I'm heavily into both of these coins, and I'm not going to badmouth either one. Honest comparisons are good, but on this one it's apples and oranges. I think HYP is the best secured and best functioning pure High PoS coin, but it's security is actually several orders of magnitude lower than TEK from a purely technical standpoint. Granted, it's harder to mount a 51% attack on HYP or any PoS coin that it would be on a pure PoW coin. But hybrids are the most secure of all, AND continue to function if something goes wrong with one of the proofs of work.

Both coins have strong merits and some problems. I have a strong position in both, and I consider them both worthy of it.
Thank for this detailled reply.

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
Reputation threadFree bitcoins: reviews, hints…: freebitco.in, freedoge.co.in, qoinpro
mmfiore
Hero Member
*****
Offline Offline

Activity: 671



View Profile
November 06, 2014, 09:56:47 PM
 #2815

I highly recommend participating in multiple POS coins. I have Tekcoin bottlecaps, hobonickles and Philosopher Stones. This way is more efficient as your PC is running anyway why not get multiple POS streams from one PC. I have been considering Hyp. Where is a good place to trade hyp coin? I do not believe that it is on cryptsy.

       ▄▄▀▀▀▀▀▀▀▀▀▄▄
    ▄█▀ ▄▄██▀▀▀██▄▄ ▀█▄
  ▄█▀ ▄███▀     ▀███▄ ▀█▄
 ▄▀ ▄███▀   ▄█▄   ▀███▄ ▀▄
▄█ ███▀   ▄█▀████▄  ▀███ █▄
█ ▄██▄   ▀█▄▄  ▀███▄▄███▄ █
█ ██████▄   ▀█▄   ▀██████ █
█ ▀███▀▀███▄  ▀▀█▄   ▀██▀ █

▀█ ███▄  ▀████▄█▀   ▄███ █▀

 ▀▄ ▀███▄   ▀█▀   ▄███▀ ▄▀

  ▀█▄ ▀███▄     ▄███▀ ▄█▀

    ▀█▄ ▀▀██▄▄▄██▀▀ ▄█▀

       ▀▀▄▄▄▄▄▄▄▄▄▀▀
SLVR█████
█████
█████
▄▄▀▀
█████
█████
▄▄▀▀
█████

█████

▄▄▀▀

█████

█████

█████
█████
█████
█████
▄▄▀▀
█████
█████
▄▄▀▀
█████

█████

▄▄▀▀

█████

█████

█████
[ WHITEPAPER ]
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
[ TECH  PAPER ]
▄█████████████████████████▄
██████████████    █████████
█████    █████    ▀▀▀▀█████
█████    ▀▀▀▀         █████
██▀▀▀              ▄▄▄█████
██        ▄▄▄███    ███████
██▄▄▄▄█    █████    █▀▀▀▀██
███████    ██▀▀▀         ██
█████▀▀▀              ▄▄▄██
████         ▄▄▄██    █████
█████▄▄▄▄    █████    █████
█████████    ██████████████
▀█████████████████████████▀
█████
█████
█████
▄▄▀▀
█████
█████
▄▄▀▀
█████

█████

▄▄▀▀

█████

█████

█████
!
David Latapie
Hero Member
*****
Offline Offline

Activity: 658


Monero Core Team


View Profile WWW
November 06, 2014, 09:59:39 PM
 #2816

I highly recommend participating in multiple POS coins. I have Tekcoin bottlecaps, hobonickles and Philosopher Stones. This way is more efficient as your PC is running anyway why not get multiple POS streams from one PC. I have been considering Hyp. Where is a good place to trade hyp coin? I do not believe that it is on cryptsy.
Poloniex has the biggest volume by far, as well as a XMR/HYP and a XUSD/HYP market - which mean you can get HYP for dollars, possibly at a cheaper rate than VirWoX.

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
Reputation threadFree bitcoins: reviews, hints…: freebitco.in, freedoge.co.in, qoinpro
mtwelve
Legendary
*
Offline Offline

Activity: 1008


Bitcoin Journalist PM for more info


View Profile WWW
November 06, 2014, 11:41:36 PM
 #2817

It is on cryptsy, but the main exchange is on Poloneix.

Trololoh
Sr. Member
****
Offline Offline

Activity: 460



View Profile
November 08, 2014, 03:33:42 AM
 #2818

I have noticed it has become more easier to wait for low diff of 0.000061.
Do you mean that HYP network (around 2.1) is THREE HUNDRED THOUSAND TIMES more secure than TEK's?

No. Because TEK is a hybrid and HYP is a pure POS coin. They don't really directly compare in security. The POW network difficulty... welll, I'll just pull the json.
{
"proof-of-work" : 237857.13633377,
"proof-of-stake" : 0.00006450,
"search-interval" : 1
}

As you know, I'm heavily into both of these coins, and I'm not going to badmouth either one. Honest comparisons are good, but on this one it's apples and oranges. I think HYP is the best secured and best functioning pure High PoS coin, but it's security is actually several orders of magnitude lower than TEK from a purely technical standpoint. Granted, it's harder to mount a 51% attack on HYP or any PoS coin that it would be on a pure PoW coin. But hybrids are the most secure of all, AND continue to function if something goes wrong with one of the proofs of work.

Both coins have strong merits and some problems. I have a strong position in both, and I consider them both worthy of it.
Thank for this detailled reply.
Sorry guys did not notice your posts.
It was indeed TEK's luck of being a hybrid when we had the forking problem, while POS was "broken" could not handle the sudden surge of stacks staking, POW kept the chain alive.
And thanks Bio for the additional info.

The way I understand POS the TEK way and POS the HYP they are very different.
Anti inflation control measures are completely different and can not be compared.
Both having their plus and minus points depending on personal preference one might prefer only one of those.
I prefer both because of the diff POS schemes, both are additions to each other as such.
Or is it they complement each other ?
Besides from the obvious advantages of diversifying.
Biomech
Legendary
*
Offline Offline

Activity: 1176


Anarchy is not chaos.


View Profile
November 08, 2014, 03:42:16 AM
 #2819

I have noticed it has become more easier to wait for low diff of 0.000061.
Do you mean that HYP network (around 2.1) is THREE HUNDRED THOUSAND TIMES more secure than TEK's?

No. Because TEK is a hybrid and HYP is a pure POS coin. They don't really directly compare in security. The POW network difficulty... welll, I'll just pull the json.
{
"proof-of-work" : 237857.13633377,
"proof-of-stake" : 0.00006450,
"search-interval" : 1
}

As you know, I'm heavily into both of these coins, and I'm not going to badmouth either one. Honest comparisons are good, but on this one it's apples and oranges. I think HYP is the best secured and best functioning pure High PoS coin, but it's security is actually several orders of magnitude lower than TEK from a purely technical standpoint. Granted, it's harder to mount a 51% attack on HYP or any PoS coin that it would be on a pure PoW coin. But hybrids are the most secure of all, AND continue to function if something goes wrong with one of the proofs of work.

Both coins have strong merits and some problems. I have a strong position in both, and I consider them both worthy of it.
Thank for this detailled reply.
Sorry guys did not notice your posts.
It was indeed TEK's luck of being a hybrid when we had the forking problem, while POS was "broken" could not handle the sudden surge of stacks staking, POW kept the chain alive.
And thanks Bio for the additional info.

The way I understand POS the TEK way and POS the HYP they are very different.
Anti inflation control measures are completely different and can not be compared.
Both having their plus and minus points depending on personal preference one might prefer only one of those.
I prefer both because of the diff POS schemes, both are additions to each other as such.
Or is it they complement each other ?
Besides from the obvious advantages of diversifying.

The coins are quite different. What I like about both is defined by those differences. HYP stakes quite quickly. On average it will stake three times for every one that TEK stakes. But TEK stakes much easier (at least so far). One TEK will stake fairly quickly. One HYP takes a LONG time.

Inflation control is radically different and has been demonstrated to work in both coins. HYP doesn't change the interest rate in the code, but it has the max subsidy at 1K HYP. There's no max subsidy in TEK, but if you hit when the diffculty is wrong, the code inherited from Novacoin lowers the rate of stake, and it can be substantial if the network difficulty is high. You retain control in both cases, as you can simply lock your wallet until you're confident the time in right.

Presstab thought his scheme was better than NVCS. I'm not convinced. I think it's different, and effective, but I think both systems have merit. I believe the coins complement each other. I'm not a believer in putting all my eggs in one basket. TEK is at a pretty low exchange rate right now, so I'm going to try to acquire more. I've gotten almost to my goal on HYP, and I'm behind on TEK, so that's where my next purchases will be. Hopefully the price stays down for a few days while I acquire some bitcoin Tongue

My third coin is HBN, and I am ahead of TEK in my holdings there, so I'm staking it for a while while I build up TEK. Then HBN will be the target.

Buy Bitcoins with Paypal, Credit card, or other methods. Send me a PM or a text to 208-451-2665.
s3v3nh4cks
Legendary
*
Offline Offline

Activity: 1050


View Profile WWW
November 09, 2014, 08:04:45 AM
 #2820

Is it a possibility to get a wallet setup that can be run from a Raspi?? Smiley

PIVX: DPQabewFmgSFxAtZPKszNKb2E6eHqPfJt5
Pages: « 1 ... 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 [141] 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 ... 316 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!