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jheaton
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August 24, 2015, 04:11:59 PM |
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Is there a way of seeing the total # of coins being staked? rather than a weight value?
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rdyoung
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August 24, 2015, 04:23:56 PM |
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Is there a way of seeing the total # of coins being staked? rather than a weight value?
Per staking block, not that I am aware of. All you have is the staked coins on the overview page. |
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fonzerrellie
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Kaspa
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August 24, 2015, 04:36:51 PM |
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Is there a way of seeing the total # of coins being staked? rather than a weight value?
do you mean over the whole network? I think theres something like that on cryptopia (or some other block explorer) |
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jheaton
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August 24, 2015, 05:02:59 PM
Last edit: August 24, 2015, 05:26:36 PM by jheaton |
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Is there a way of seeing the total # of coins being staked? rather than a weight value?
do you mean over the whole network? I think theres something like that on cryptopia (or some other block explorer) The whole network ya. ... I'm just assuming if 100,000,000 total coins are staking and someone has 1,000,000 in a wallet, they should get 1% +/- of the total? I just figured if I could see the total coins vs my own I could figure on a specific staking % thats all. |
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rdyoung
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August 24, 2015, 05:54:38 PM |
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Is there a way of seeing the total # of coins being staked? rather than a weight value?
do you mean over the whole network? I think theres something like that on cryptopia (or some other block explorer) The whole network ya. ... I'm just assuming if 100,000,000 total coins are staking and someone has 1,000,000 in a wallet, they should get 1% +/- of the total? I just figured if I could see the total coins vs my own I could figure on a specific staking % thats all. There is a small piece of math you will need to figure your expected rate. I am 99.999% certain that POSv2.0 splits the 5% of the total money supply among the actively staking coins, I am tracking the supply so that I can see if it is indeed growing by that 5% or not. If it is set to split the stake rate like I think it is then the fewer coins actively staking, the higher the individuals stake rate. You can also throw together a spreadsheet and track your starting balance and the current balance, then do a little math to calculate an average daily return both in pot and % wise. This will also help you figure out what your avg apr is. We will unfortunately see some slower returns until the network gets up to speed. We need more wallets online staking so that we stop seeing the frequent 20+ minute blocks. |
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TimC
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August 24, 2015, 05:59:44 PM |
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We need more wallets online staking so that we stop seeing the frequent 20+ minute blocks.
Both bittrex and cryptsy both have their POT wallet in maintenance. I got coins on both place waiting to be sent to my wallet for more staking. Once they get their wallets working I bet there will be more wallets staking since coins are tied up on the exchanges and can not be moved yet. |
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rdyoung
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August 24, 2015, 06:30:11 PM |
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We need more wallets online staking so that we stop seeing the frequent 20+ minute blocks.
Both bittrex and cryptsy both have their POT wallet in maintenance. I got coins on both place waiting to be sent to my wallet for more staking. Once they get their wallets working I bet there will be more wallets staking since coins are tied up on the exchanges and can not be moved yet. Lets hope so. I will be creating a few addresses and feeding them a small amount of coins to do what I can to even out the block times, at least until the devs address it or enough wallets are actively staking to smooth things out. To give people an idea of why and what we are seeing. In the past 23.5 hours we have seen 529 blocks, roughly 1/4th of what we should be seeing. Averages being what they are, it is possible and likely that once enough wallets come online we will start seeing a TON of sub 40s blocks to make up for the longer than normal blocks. To sum something up, its not the amount of coins total that are active, its the total # of blocks vying to stake and mint a block. The wallets have been combining coins into larger blocks so we don't have enough blocks of coins to stake an avg of 1 block every 40s. |
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SubversiveTech
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August 24, 2015, 07:06:16 PM |
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We need more wallets online staking so that we stop seeing the frequent 20+ minute blocks.
Both bittrex and cryptsy both have their POT wallet in maintenance ...because they're staking our coins for us. How generous! |
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fher98
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August 24, 2015, 07:07:55 PM |
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We need more wallets online staking so that we stop seeing the frequent 20+ minute blocks.
Both bittrex and cryptsy both have their POT wallet in maintenance. I got coins on both place waiting to be sent to my wallet for more staking. Once they get their wallets working I bet there will be more wallets staking since coins are tied up on the exchanges and can not be moved yet. Lets hope so. I will be creating a few addresses and feeding them a small amount of coins to do what I can to even out the block times, at least until the devs address it or enough wallets are actively staking to smooth things out. To give people an idea of why and what we are seeing. In the past 23.5 hours we have seen 529 blocks, roughly 1/4th of what we should be seeing. Averages being what they are, it is possible and likely that once enough wallets come online we will start seeing a TON of sub 40s blocks to make up for the longer than normal blocks. To sum something up, its not the amount of coins total that are active, its the total # of blocks vying to stake and mint a block. The wallets have been combining coins into larger blocks so we don't have enough blocks of coins to stake an avg of 1 block every 40s. Soooo, and since the staking power wont be the same as the old POW hashrate, how long would it take for the network difficulty to come even with the many less open/staking wallets? |
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rdyoung
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August 24, 2015, 07:09:16 PM |
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We need more wallets online staking so that we stop seeing the frequent 20+ minute blocks.
Both bittrex and cryptsy both have their POT wallet in maintenance ...because they're staking our coins for us. How generous! Uh... NO. They aren't, if they were we would see the coins being staked on the chain, we aren't seeing that. Also for those not clear on it, staking is a NO NO for exchanges for one big reason, security. They can't help staking when they bring wallets online to move funds from cold->hot, but in general, exchanges don't stake because they keep most of their coins in cold storage. |
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rdyoung
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August 24, 2015, 07:14:20 PM |
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We need more wallets online staking so that we stop seeing the frequent 20+ minute blocks.
Both bittrex and cryptsy both have their POT wallet in maintenance. I got coins on both place waiting to be sent to my wallet for more staking. Once they get their wallets working I bet there will be more wallets staking since coins are tied up on the exchanges and can not be moved yet. Lets hope so. I will be creating a few addresses and feeding them a small amount of coins to do what I can to even out the block times, at least until the devs address it or enough wallets are actively staking to smooth things out. To give people an idea of why and what we are seeing. In the past 23.5 hours we have seen 529 blocks, roughly 1/4th of what we should be seeing. Averages being what they are, it is possible and likely that once enough wallets come online we will start seeing a TON of sub 40s blocks to make up for the longer than normal blocks. To sum something up, its not the amount of coins total that are active, its the total # of blocks vying to stake and mint a block. The wallets have been combining coins into larger blocks so we don't have enough blocks of coins to stake an avg of 1 block every 40s. Soooo, and since the staking power wont be the same as the old POW hashrate, how long would it take for the network difficulty to come even with the many less open/staking wallets? Not sure about length of time. What I know needs to happen is that we need more blocks that are smaller in size, but that cant happen without some people deliberately splitting the coins into separate addresses because the wallet keeps consolidating them. With any luck, fingers crossed, the exchanges will all bring the wallets back online sometime today and people can get their coins off the exchanges and staking. If my math is correct, we need a total of 720 wallets or individual addresses or blocks actively staking to give us the 40s/average. According to https://chainz.cryptoid.info/pot/#!network , there are 79 wallets online. |
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jheaton
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August 24, 2015, 07:25:05 PM |
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If my math is correct, we need a total of 720 wallets or individual addresses or blocks actively staking to give us the 40s/average. According to https://chainz.cryptoid.info/pot/#!network , there are 79 wallets online. [/quote] I thought it would be way more popular than that.  |
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rdyoung
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August 24, 2015, 07:28:15 PM |
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If my math is correct, we need a total of 720 wallets or individual addresses or blocks actively staking to give us the 40s/average. According to https://chainz.cryptoid.info/pot/#!network , there are 79 wallets online. I thought it would be way more popular than that. [/quote] To be fair, we did just get the POSV fix yesterday. It may take some time for people to get the news that they need to check in and grab a new wallet and start staking. There is also the # of coins that haven't moved in months or years, if you look at the richlist on cryptoid you will see quite a few address/wallets that haven't seen any activity in quite sometime. Lets hope that now its POSv we will see interest grow by leaps and bounds. |
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Beachguy
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Spectreproject Community Manager
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August 25, 2015, 01:40:13 AM |
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So do I need to put a wallet on my laptop to go along with the one on my desktop?
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richiela
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August 25, 2015, 03:19:24 AM |
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BTW, our wallet is updated and running, but safe mode is not allowing us to bring the wallet back online... we will turn it back on once the network is in agreement.
thanks,
richie
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anticlimax
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August 25, 2015, 03:28:18 AM |
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BTW, our wallet is updated and running, but safe mode is not allowing us to bring the wallet back online... we will turn it back on once the network is in agreement.
thanks,
richie
Thanks for the update. |
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1echo
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scams hunter!
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August 25, 2015, 03:33:41 AM |
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wallet still down everywhere
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fairglu
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August 25, 2015, 08:12:47 AM |
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Note that it's wallets "seen" by the explorer wallet, there could be more, that never connected to the explorer wallets during the last 24h, and there could be less, if the same wallet connected from different IPs during the last 24h f.i. The extraction stats show 282 staking addresses (for the last 1000 blocks), that's quite a lot, but many wallets will have multiple addresses that can stake, so it's not a definitive indication either. For a more accurate view of the wallets out there, ideal would be to have multiple geo-located wallets in data-centers with good connectivity, and aggregate the wallets those have seen, it would not be perfect, but might be more accurate (the explorer can do that, but it means extra hosting costs and/or requires RPC access to those geo-located wallets, so those wallets should not be holding funds) |
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Rumhurius
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Here we go again
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August 25, 2015, 12:04:43 PM |
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Now it works...
Lets see what happens with reactived Markets / Wallets.
I think 260 Confirmations is too much for the average user to keep it open.
I allways turn my Wallet off after staking, cause i know this will (s)take hours.
A max coin reward per Block could make People like me force to split blocks also.
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rdyoung
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August 25, 2015, 12:54:04 PM |
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Now it works...
Lets see what happens with reactived Markets / Wallets.
I think 260 Confirmations is too much for the average user to keep it open.
I allways turn my Wallet off after staking, cause i know this will (s)take hours.
A max coin reward per Block could make People like me force to split blocks also.
If/when the network is moving like it should be, 260 confirmations is a little over 2.5 hours, not that long at all. When the network is moving again, you should leave your wallet unlocked and staking as much as possible, POSv is 5% but you could earn up to 6% by staking 24/7 and that doesn't account for the % of coins offline and not staking so your reward will be even higher. We aren't seeing the network speed that we should be, partially because they failed to note or change the split/combine threshold that was left behind for RDD and because we don't have enough individual addresses online actively staking. If my math is accurate, based on the 8hour maturity we need a minimum 720 active blocks or addresses vying for stakes to keep the network sailing smoothly, we have less than half of that. That will change when the exchanges come online and people can get their coins out to start staking. |
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