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bee7
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January 17, 2014, 09:23:29 PM
Last edit: January 17, 2014, 09:41:24 PM by bee7 |
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The "stake" is the coins that recently participated in a PoS block generation. After 50 blocks they are returned to the normal state and in 5 days will get old enough to participate in the PoS generation again. You will never see all your coins in a stake unless you merge all of them in a single input by merging them together by sending to yourself the whole amount. There is no reason in doing this IMO, as any coin has fixed maximum number of 'cycles' per year. You can't use your coins while they are in stake, but the coin age for these coins is reset at the moment of PoS block generation, so by merging them manually you reset the coin age to zero again, thus you extend the period of being not eligible for the transferred this way coins.
So min coinage is 5 days?? Yes, the input must be at least 5 10 days old to be eligible. Edit: Sorry, fixed mistake. |
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Nullu
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January 17, 2014, 09:27:13 PM |
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I am new to the POS thing, so please excuse my noobness ...
I have around 300k in my wallet which has been open for over 24 hours - should I see a POS payment by now ?
Donations welcome! : 95ExnEDdtAQ5hpDDSJbPd3UqsMyqFAtpUN
It can take a little while. Keep an eye on the total. The stakes don't show in the transaction history. It took me a few days before I started seeing mine come through. You'll also get small amounts of grain come through as transactions. The small amounts you´ll receive are the stake transactions....  so they show up in your transaction history... So what are the larger amounts I see in my stake? I had a stake around 1400 grain not long ago, but the stake transactions are just a couple of grain. the 1400 grain shown in stake where the coins you were receiving the stake for... Oh I understand now! So the stake are my coins, and the transactions are the stake awards in proportion to my stake. So will my stake continue to get larger as time progresses? It seems to be getting bigger each day. The "stake" is the coins that recently participated in a PoS block generation. After 50 blocks they are returned to the normal state and in 5 days will get old enough to participate in the PoS generation again. You will never see all your coins in a stake unless you merge all of them in a single input by merging them together by sending to yourself the whole amount. There is no reason in doing this IMO, as any coin has fixed maximum number of 'cycles' per year. You can't use your coins while they are in stake, but the coin age for these coins is reset at the moment of PoS block generation, so by merging them manually you reset the coin age to zero again, thus you extend the period of being not eligible for the transferred this way coins. That makes sense. Also, by merging them, aren't you decreasing the amount of PoS grain you receive? I mean, if you receive a small amount each day, eventually it will mature and increase the amount of grain you have eligible for the next PoS generation when it matures, so it seems to me it's best to just let the small steady amounts continue to come in. I will gladly do a follow-up Grain article when the new wallet is released  Or in case I missed any big news, if so, PM me the details please Look forward to reading it. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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DAoneNonlyG
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January 17, 2014, 09:28:15 PM |
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The "stake" is the coins that recently participated in a PoS block generation. After 50 blocks they are returned to the normal state and in 5 days will get old enough to participate in the PoS generation again. You will never see all your coins in a stake unless you merge all of them in a single input by merging them together by sending to yourself the whole amount. There is no reason in doing this IMO, as any coin has fixed maximum number of 'cycles' per year. You can't use your coins while they are in stake, but the coin age for these coins is reset at the moment of PoS block generation, so by merging them manually you reset the coin age to zero again, thus you extend the period of being not eligible for the transferred this way coins.
So min coinage is 5 days?? Yes, the input must be at least 5 days old to be eligible. Ah, okay... thx... I thought 10 days... So my first coins are eligible... com´on PoS...  |
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Kergekoin
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January 17, 2014, 09:41:15 PM |
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Does Grain, which has 2 week coinage generate approximately 2 times more PoS blocks than coin which has 4 weeks coinage? Is it cumulative effect or are there some other variables involved?
Bump. Perhaps someone could answer. Its pretty difficult to figure out how this works. |
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bee7
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January 17, 2014, 09:43:36 PM |
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Ah, okay... thx... I thought 10 days... So my first coins are eligible... com´on PoS... You are correct. I fixed the post, I am sorry for mistake. Just checked with sources, it is 10 days. |
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DAoneNonlyG
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January 17, 2014, 09:52:45 PM |
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Ah, okay... thx... I thought 10 days... So my first coins are eligible... com´on PoS... You are correct. I fixed the post, I am sorry for mistake. Just checked with sources, it is 10 days. Awww... *********************************************** Stay tuned PoS i´ll be back in about 116 hours... |
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bee7
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January 17, 2014, 10:00:56 PM |
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Does Grain, which has 2 week coinage generate approximately 2 times more PoS blocks than coin which has 4 weeks coinage? Is it cumulative effect or are there some other variables involved?
Bump. Perhaps someone could answer. Its pretty difficult to figure out how this works. To answer your question I need to study the whole path of the PoS block creation. Despite I dived into cryptocurrencies not yesterday, I had no time nor reason to study this area before - I was just a simple miner. Three days ago bosian invited me to join the team, so I did. Now I have to get familiar with these internals, so eventually I will give you an answer. To the moment, at least I can say that the probability of generating PoS block with some input grows with aging of this input until that input reaches 30 days age. |
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Nullu
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January 17, 2014, 10:04:31 PM |
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Anyone want to see why I'm in a happy mood about Grain today?  As you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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bee7
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January 17, 2014, 10:07:28 PM |
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Anyone want to see why I'm in a happy mood about Grain today? As you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. two giant blocks in a row!!! You're damn lucky  |
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slurm
Newbie
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Activity: 23
Merit: 0
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January 17, 2014, 10:08:34 PM |
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Also requested GRAIN on Coinmarketcap. Hope it goes up on it.
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Nullu
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January 17, 2014, 10:11:04 PM |
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Anyone want to see why I'm in a happy mood about Grain today? https://i.imgur.com/qSzPzmV.jpgAs you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. two giant blocks in a row!!! You're damn lucky I couldn't believe my luck! That's like two weeks of mining, right there. This is why grain rocks. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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DAoneNonlyG
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January 17, 2014, 10:22:02 PM |
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Anyone want to see why I'm in a happy mood about Grain today? https://i.imgur.com/qSzPzmV.jpgAs you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. two giant blocks in a row!!! You're damn lucky I couldn't believe my luck! That's like two weeks of mining, right there. This is why grain rocks. congrats!!! hashrate?? |
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Nullu
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January 17, 2014, 10:23:04 PM |
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Anyone want to see why I'm in a happy mood about Grain today? https://i.imgur.com/qSzPzmV.jpgAs you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. two giant blocks in a row!!! You're damn lucky I couldn't believe my luck! That's like two weeks of mining, right there. This is why grain rocks. congrats!!! hashrate?? 900 mhash/sec |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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karky
Newbie
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Activity: 54
Merit: 0
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January 17, 2014, 10:25:00 PM |
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Grain almost have 2000 posts. |
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bondi
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January 17, 2014, 10:26:01 PM |
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Anyone want to see why I'm in a happy mood about Grain today? https://i.imgur.com/qSzPzmV.jpgAs you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. two giant blocks in a row!!! You're damn lucky I couldn't believe my luck! That's like two weeks of mining, right there. This is why grain rocks. congrats!!! hashrate?? 900 mhash/sec That's a lot of power going... I started solo mining a few days ago and have only 14kh/s, still haven't got a single coin, lol... Will keep pool mining hehe.. |
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Amph
Legendary
Offline
Activity: 3248
Merit: 1070
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January 17, 2014, 10:26:46 PM |
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Anyone want to see why I'm in a happy mood about Grain today? As you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. two giant blocks in a row!!! You're damn lucky but still no one found the max giant block(130k+) |
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DAoneNonlyG
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January 17, 2014, 10:28:33 PM |
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Anyone want to see why I'm in a happy mood about Grain today? https://i.imgur.com/qSzPzmV.jpgAs you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. two giant blocks in a row!!! You're damn lucky I couldn't believe my luck! That's like two weeks of mining, right there. This is why grain rocks. congrats!!! hashrate?? 900 mhash/sec 900mh/s??? or 900kh/s??? |
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Nullu
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January 17, 2014, 10:29:23 PM |
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Anyone want to see why I'm in a happy mood about Grain today? https://i.imgur.com/qSzPzmV.jpgAs you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. two giant blocks in a row!!! You're damn lucky I couldn't believe my luck! That's like two weeks of mining, right there. This is why grain rocks. congrats!!! hashrate?? 900 mhash/sec That's a lot of power going... I started solo mining a few days ago and have only 14kh/s, still haven't got a single coin, lol... Will keep pool mining hehe.. Do you CPU mine? Laptop? What about GPU? Anyone want to see why I'm in a happy mood about Grain today? https://i.imgur.com/qSzPzmV.jpgAs you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. two giant blocks in a row!!! You're damn lucky but still no one found the max giant block(130k+) It'd be nice. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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Nullu
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January 17, 2014, 10:30:13 PM |
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Anyone want to see why I'm in a happy mood about Grain today? https://i.imgur.com/qSzPzmV.jpgAs you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. two giant blocks in a row!!! You're damn lucky I couldn't believe my luck! That's like two weeks of mining, right there. This is why grain rocks. congrats!!! hashrate?? 900 mhash/sec 900mh/s??? or 900kh/s??? Haha, Khash. sorry! 900mhash would be insane. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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bondi
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January 17, 2014, 10:31:53 PM |
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Anyone want to see why I'm in a happy mood about Grain today? https://i.imgur.com/qSzPzmV.jpgAs you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. two giant blocks in a row!!! You're damn lucky I couldn't believe my luck! That's like two weeks of mining, right there. This is why grain rocks. congrats!!! hashrate?? 900 mhash/sec That's a lot of power going... I started solo mining a few days ago and have only 14kh/s, still haven't got a single coin, lol... Will keep pool mining hehe.. Do you CPU mine? Laptop? What about GPU? Anyone want to see why I'm in a happy mood about Grain today? https://i.imgur.com/qSzPzmV.jpgAs you can imagine, I was pretty stoked when I got home and wondered why my total coins looked a little higher than I expected. Talk about luck. two giant blocks in a row!!! You're damn lucky but still no one found the max giant block(130k+) It'd be nice. Laptop GPU... |
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