geosaral
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August 02, 2018, 03:51:15 PM |
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To take part on forging a have to hold 100 MHC in my wallet? Has it sense to hold more or reward will be the same regardless whether I hold 100 or 125? ps. I hope it isn't very foolish question  |
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DJCanh
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August 03, 2018, 03:22:47 AM |
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when would the forging rewards be distributed? every hour/day/month?
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MetaHash
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August 03, 2018, 03:30:16 AM |
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To take part on forging a have to hold 100 MHC in my wallet? Has it sense to hold more or reward will be the same regardless whether I hold 100 or 125? ps. I hope it isn't very foolish question it's a good question though. you can find a detailed description of the process and reward formula in our WP page 31 generally yes, it has |
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DJCanh
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August 03, 2018, 04:04:14 AM |
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when would the forging rewards be distributed? every hour/day/month?
Rewards are paid every 24 hours. And the periodicity of recalculation and distribution may vary based on technical needs of the network Technologies are developing and CPU, GPU is becoming obsolete. And as I understand, this method, unlike PoW, does not become obsolete over time. Is it right? What will the network bandwidth depend on? |
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MetaHash
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August 03, 2018, 04:05:48 AM |
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when would the forging rewards be distributed? every hour/day/month?
Rewards are paid every 24 hours. And the periodicity of recalculation and distribution may vary based on technical needs of the network Technologies are developing and CPU, GPU is becoming obsolete. And as I understand, this method, unlike PoW, does not become obsolete over time. Is it right? What will the network bandwidth depend on? Unlike in PoW, nodes for #MHC forging never get obsolete and their efficiency does not deteriorate, as their number is limited to the minimum number of coins required for a specific role. The faster the network nodes are, the higher capacity the network will have. |
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ShiftyTripster
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August 03, 2018, 04:27:27 AM |
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So, "faster the network nodes are, the higher capacity the network will have" Is it mean that only Core nodes would be able to collect reward?
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MetaHash
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August 03, 2018, 04:28:59 AM |
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So, "faster the network nodes are, the higher capacity the network will have" Is it mean that only Core nodes would be able to collect reward?
As all nodes are essential to network operation, the rewards are distributed between all members, not only between Core and Torrent nodes creating and validating new blocks. |
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indigorace
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August 03, 2018, 04:37:09 AM |
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I heard that you have "delegation of coins" implemented. Share information please. What is it? Is it stacks with forging or I need to choose between forge and "delegation"?
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MetaHash
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August 03, 2018, 04:38:30 AM |
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I heard that you have "delegation of coins" implemented. Share information please. What is it? Is it stacks with forging or I need to choose between forge and "delegation"?
Sure, address holders unwilling to upkeep their own node may delegate their coins to their trusted nodes and still receive forging rewards. During delegation, a technical transaction occurs. |
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indigorace
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August 03, 2018, 04:39:43 AM |
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I heard that you have "delegation of coins" implemented. Share information please. What is it? Is it stacks with forging or I need to choose between forge and "delegation"?
Sure, address holders unwilling to upkeep their own node may delegate their coins to their trusted nodes and still receive forging rewards. During delegation, a technical transaction occurs. Coins are fixed when delegated? or can I use MHC in my metawallet? |
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MetaHash
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August 03, 2018, 04:41:55 AM |
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I heard that you have "delegation of coins" implemented. Share information please. What is it? Is it stacks with forging or I need to choose between forge and "delegation"?
Sure, address holders unwilling to upkeep their own node may delegate their coins to their trusted nodes and still receive forging rewards. During delegation, a technical transaction occurs. Coins are fixed when delegated? or can I use MHC in my metawallet? Coins will be frozen for the delegation period and cannot be transmitted to another address or delegated to another node until the delegation is canceled. |
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drivewayd
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August 03, 2018, 04:44:25 AM |
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I heard that you have "delegation of coins" implemented. Share information please. What is it? Is it stacks with forging or I need to choose between forge and "delegation"?
Sure, address holders unwilling to upkeep their own node may delegate their coins to their trusted nodes and still receive forging rewards. During delegation, a technical transaction occurs. Coins are fixed when delegated? or can I use MHC in my metawallet? Coins will be frozen for the delegation period and cannot be transmitted to another address or delegated to another node until the delegation is canceled. When delegation can be cancelled? |
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MetaHash
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August 03, 2018, 04:46:03 AM |
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I heard that you have "delegation of coins" implemented. Share information please. What is it? Is it stacks with forging or I need to choose between forge and "delegation"?
Sure, address holders unwilling to upkeep their own node may delegate their coins to their trusted nodes and still receive forging rewards. During delegation, a technical transaction occurs. Coins are fixed when delegated? or can I use MHC in my metawallet? Coins will be frozen for the delegation period and cannot be transmitted to another address or delegated to another node until the delegation is canceled. When delegation can be cancelled? Delegation is canceled once every 24 hours during the next role reassignment operation. Coins can be delegated once again only after the cancellation of the delegation. |
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geosaral
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August 03, 2018, 06:10:14 AM |
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And when all this process (of forging) starts? October, November?
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MetaHash
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August 03, 2018, 06:51:59 AM |
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And when all this process (of forging) starts? October, November?
Forging will starts soon, presumably, within a month |
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geosaral
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August 03, 2018, 07:01:15 AM |
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As i understand, 10% of forging pool will be distributed among "active wallets". Is it right?
What do I have to do for take my wallet active?
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MetaHash
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August 03, 2018, 10:48:12 AM |
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As i understand, 10% of forging pool will be distributed among "active wallets". Is it right?
What do I have to do for take my wallet active?
You need to log in and to keep it opened in the tray on your PC |
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geosaral
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August 03, 2018, 11:15:47 AM
Last edit: August 03, 2018, 09:09:56 PM by geosaral |
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As i understand, 10% of forging pool will be distributed among "active wallets". Is it right?
What do I have to do for take my wallet active?
You need to log in and to keep it opened in the tray on your PC all day long? 24/7? And if I lose internet connection for some time? |
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MetaHash
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August 05, 2018, 10:36:09 AM |
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As i understand, 10% of forging pool will be distributed among "active wallets". Is it right?
What do I have to do for take my wallet active?
You need to log in and to keep it opened in the tray on your PC all day long? 24/7? And if I lose internet connection for some time? then the reward would be recounted for the time of your presence |
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lennymat86
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August 05, 2018, 10:40:22 AM |
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And what if I delegate a coin to a node that was blocked and lost all units of trust? Will I lose coins or losses will be reimbursed?
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