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NoxX
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June 03, 2014, 03:46:02 PM |
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I know it is implemented, I also know how to activate it, I was asking if others knew about it and whether they are using it etc... But thanks for digging out the guide for other people. Its a decent read for sure.
Ah, sorry, I misread that  Anyway the TL:DR version the article is: Coins get fragmented over time, so at some point it makes sense to consolidate them (i.e. choose a number of small amounts and send them to yourself as one bigger chunk). Coin control also has the benefit that you can choose exactly which coins to send, which means you can only use "newer" coins and leave the coins with a high coin age untouched. But note also that smaller coins mean more blocks which means faster and more secure network. (Correct me if anything about that is wrong  ) |
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meee
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June 03, 2014, 03:52:48 PM |
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I know it is implemented, I also know how to activate it, I was asking if others knew about it and whether they are using it etc... But thanks for digging out the guide for other people. Its a decent read for sure.
Ah, sorry, I misread that Anyway the short version of coin control is: Coins get fragmented over time, so at some point it makes sense to consolidate them (i.e. choose a number of small amounts and send them to yourself as one bigger chunk). Coin control also has the benefit that you can choose exactly which coins to send, which means you can only use "newer" coins and leave the coins with a high coin age untouched. Yeah I know XD, I read the hobonickels wiki and I have had a play with it some... It is a nice feature though I think it needs to be worked on ... Maybe there could be the option to auto consolidate and maybe when you send coins it takes the newest coins first. Btw my weight is now saying 17158 Network is 26394. So I now have over half the network rate. Still only have the 1 stake from yesterday. Does that seem right to you? EDIT: Seems good to me... and yes smaller blocks is better for the network, not so good for you, you'll get less coins and won't stake as easily. EDIT: BTW the "blocks" fragment because it needs to kill the age of the coins... So to do that it splits the blocks in half after you stake... They will keep on splitting and this is why eventually you'll end up with hundreds or even thousands of blocks. As the hobonickels wiki says at this point it could affect wallet perfomance. So it is pretty essential everyone understands it and uses it at some point. |
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uki
Legendary
 Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
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June 03, 2014, 04:00:02 PM |
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Btw my weight is now saying 17158 Network is 26394. So I now have over half the network rate. Still only have the 1 stake from yesterday. Does that seem right to you?
EDIT: Seems good to me... and yes smaller blocks is better for the network, not so good for you, you'll get less coins and won't stake as easily.
that is perfectly fine, I have now 22.5k vs. network's 20k and still didn't get my stake. It will come soon, though. Also important note to what has already been said. You start staking and you wait for the first stake to mature. Then it halves and you have two smaller (half of the original) stakes maturing, etc. So the whole process in the beginning may take some time to take off (your case), but then it gets quicker with more stakes competing. |
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meee
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June 03, 2014, 04:05:42 PM |
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Btw my weight is now saying 17158 Network is 26394. So I now have over half the network rate. Still only have the 1 stake from yesterday. Does that seem right to you?
EDIT: Seems good to me... and yes smaller blocks is better for the network, not so good for you, you'll get less coins and won't stake as easily.
that is perfectly fine, I have now 22.5k vs. network's 20k and still didn't get my stake. It will come soon, though. Also important note to what has already been said. You start staking and you wait for the first stake to mature. Then it halves and you have two smaller (half of the original) stakes maturing, etc. So the whole process in the beginning may take some time to take off (your case), but then it gets quicker with more stakes competing. Okay fury muff, but how can you have more weight than the network... This part I don't really get, I would have thought the network weight is all our weight combined no? Much like the network hashrate on pow... Or is this not the case... I fully get the maturing and stake splitting etc. EDIT: Now the wallet has gone out of sync for no reason. Weird... |
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uki
Legendary
Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
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June 03, 2014, 04:10:50 PM |
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Okay fury muff, but how can you have more weight than the network... This part I don't really get, I would have thought the network weight is all our weight combined no? Much like the network hashrate on pow... Or is this not the case...
I fully get the maturing and stake splitting etc.
It's about chances to find new coins. Think of it as you have more hashrate (bigger weight) your chance of finding new block are bigger. You may, theoretically find it even with very low hash rates (low weight) but your chances are smaller, respectively. |
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meee
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June 03, 2014, 04:14:35 PM
Last edit: June 03, 2014, 04:26:54 PM by meee |
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Okay fury muff, but how can you have more weight than the network... This part I don't really get, I would have thought the network weight is all our weight combined no? Much like the network hashrate on pow... Or is this not the case...
I fully get the maturing and stake splitting etc.
It's about chances to find new coins. Think of it as you have more hashrate (bigger weight) your chance of finding new block are bigger. You may, theoretically find it even with very low hash rates (low weight) but your chances are smaller, respectively. This was nothing to do with my question... I get all that! XD My question is this... how can YOU 1 person have MORE weight than the entire network? This is impossible as you are part of the network... Is the network weight the combined weight of us all? I mean it must be! Like the network hashrate... I mean please stop thinking I am a noob that doesn't understand the very basics because I do... I have done a lot of research and tried out various POS coins... I have NEVER seen my weight above that of the network... apart from this coin of course... Is your wallet out of sync btw? EDIT: Re-loaded the wallet and I'm now in sync again and the stats are showing I have more weight than the network now too. I really think that is not right. I'm not 100% sure though. EDIT: I think that it is not showing the correct network weight, this is why the time to stake figures are off too... I don't know what could cause that but I can ask around a little for an explanation. |
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LordPiccolo
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June 03, 2014, 05:03:35 PM |
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just had 6 stakes into my wallet |
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Amph
Legendary
Offline
Activity: 3248
Merit: 1070
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June 03, 2014, 05:08:06 PM |
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just had 6 stakes into my wallet you bought them, i hope |
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curT
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June 03, 2014, 05:15:20 PM
Last edit: June 03, 2014, 06:11:35 PM by curT |
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186 KTK Krypt Koin voted #403 182 KTK Krypt Koin voted #424 180 KTK Krypt Koin voted #436 178 KTK Krypt Koin voted #449 |
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meee
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June 03, 2014, 05:19:11 PM |
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just had 6 stakes into my wallet Yeah and those 6 blocks that staked will now be 12 blocks after they mature... You should look into coin control, it is not a problem at the minute but your blocks will get smaller and smaller and your stake will get smaller and smaller for each block. If you are staking okay then it would seem it is a reporting issue only. Which is not so bad, but still needs fixing. |
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Crljeni
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June 03, 2014, 05:20:19 PM |
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186 KTK Krypt Koin voted #403 182 KTK Krypt Koin voted #424 180 KTK Krypt Koin voted #436 178KTK Krypt Koin voted #449 177KTK Krypt Koin voted #451 Keep voting. |
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LordPiccolo
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June 03, 2014, 05:23:27 PM |
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just had 6 stakes into my wallet Yeah and those 6 blocks that staked will now be 12 blocks after they mature... You should look into coin control, it is not a problem at the minute but your blocks will get smaller and smaller and your stake will get smaller and smaller for each block. If you are staking okay then it would seem it is a reporting issue only. Which is not so bad, but still needs fixing. I will look at coincontrol at the weekend, cheers for the heads up |
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meee
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June 03, 2014, 05:29:24 PM |
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just had 6 stakes into my wallet Yeah and those 6 blocks that staked will now be 12 blocks after they mature... You should look into coin control, it is not a problem at the minute but your blocks will get smaller and smaller and your stake will get smaller and smaller for each block. If you are staking okay then it would seem it is a reporting issue only. Which is not so bad, but still needs fixing. I will look at coincontrol at the weekend, cheers for the heads up No problem, the hobonickels link is a few comments up and a very good explanation of POS in general but also it explains coin control. |
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policymaker
Full Member
Offline
Activity: 210
Merit: 100
Crypto Currency Supporter
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June 03, 2014, 05:32:29 PM |
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 so sexy! |
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meee
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June 03, 2014, 05:42:21 PM |
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Yay... Okay I staked... But you may or may not find this interesting... My first stake with a 30,000 block was 12.66, then that block was split into 2 15,000 blocks (roughly, the 12.66 coins is split too. And now my stake for the 2 blocks is 2.19 each...
You see? 2 seperate blocks gets 4.4 roughly compared to 12 coins for 1 block... The 12 coin stake could have been a fluke though. So when these blocks mature I'll combined them into one again and see how it changes.
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uki
Legendary
Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
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June 03, 2014, 05:44:08 PM |
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Yay... Okay I staked... But you may or may not find this interesting... My first stake with a 30,000 block was 12.66, then that block was split into 2 15,000 blocks (roughly, the 12.66 coins is split too. And now my stake for the 2 blocks is 2.19 each...
You see? 2 seperate blocks gets 4.4 roughly compared to 12 coins for 1 block... The 12 coin stake could have been a fluke though. So when these blocks mature I'll combined them into one again and see how it changes.
don't forget about the age of the stake at the time of creating coins. Probably your first stake was much older than the next two. |
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Amph
Legendary
Offline
Activity: 3248
Merit: 1070
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June 03, 2014, 05:45:27 PM |
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Yay... Okay I staked... But you may or may not find this interesting... My first stake with a 30,000 block was 12.66, then that block was split into 2 15,000 blocks (roughly, the 12.66 coins is split too. And now my stake for the 2 blocks is 2.19 each...
You see? 2 seperate blocks gets 4.4 roughly compared to 12 coins for 1 block... The 12 coin stake could have been a fluke though. So when these blocks mature I'll combined them into one again and see how it changes.
same, i received, 9 at first then 5 from two minintg, then 5 again from 4 minting ecc... |
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Wopin
Member
Offline
Activity: 112
Merit: 10
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June 03, 2014, 05:47:54 PM |
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The coins in the second list are all delivered?
I have not received
EDIT: I have seen my coins through block explorer but my wallet dont update the amount...
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testadimerlo
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June 03, 2014, 05:49:09 PM |
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Ok, goodbye to my 24.000 KTK. Sharexcoin doesn't answer, withdraw impossible.
Shit, that's life
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meee
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June 03, 2014, 05:52:59 PM |
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Yay... Okay I staked... But you may or may not find this interesting... My first stake with a 30,000 block was 12.66, then that block was split into 2 15,000 blocks (roughly, the 12.66 coins is split too. And now my stake for the 2 blocks is 2.19 each...
You see? 2 seperate blocks gets 4.4 roughly compared to 12 coins for 1 block... The 12 coin stake could have been a fluke though. So when these blocks mature I'll combined them into one again and see how it changes.
don't forget about the age of the stake at the time of creating coins. Probably your first stake was much older than the next two. I find it highly unlikely seeing as the first time I staked within a few hours, but it could be the network weight was not as high at that time. I guess all these factors come into play... It will be interesting to see though. It is clear though from the hobonickels wiki that the smaller the blocks you will get less from the stake... If you read that you should see the explanation... But the crux is you can use coin control to optimize your staking. |
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