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Author Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY  (Read 816011 times)
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tom14cat14
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May 27, 2014, 08:58:46 PM
 #5441

Mine staked again today.  Smiley

I am receiving 1 stake every day
How!?!?!  Jesus christ what am I doing wrong!

How many coins you have? Less then 0.7?

Are you saying it will not stake until ur wallet has more than that? If so, that sux big time.

This is wrong. There are numerous people staking with less then .7. It just might take some time due to system priority. It gives higher priority larger balances. But over a 30 day period it should all even out.
ficklepickle
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May 27, 2014, 08:59:56 PM
 #5442

Took my small miner 5 days to stake .02  Grin

ATCkit
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May 27, 2014, 09:05:17 PM
 #5443

Mine staked again today.  Smiley

I am receiving 1 stake every day
How!?!?!  Jesus christ what am I doing wrong!

How many coins you have? Less then 0.7?

Are you saying it will not stake until ur wallet has more than that? If so, that sux big time.

This is wrong. There are numerous people staking with less then .7. It just might take some time due to system priority. It gives higher priority larger balances. But over a 30 day period it should all even out.
Phew !
ATCkit
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May 27, 2014, 09:07:32 PM
 #5444

Took my small miner 5 days to stake .02  Grin

Well my wallet is at .07. So i am glad to hear that. Guess i will get some stake eventually 😊🍷🍷

tom14cat14
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May 27, 2014, 09:08:07 PM
 #5445

Mine staked again today.  Smiley

I am receiving 1 stake every day
How!?!?!  Jesus christ what am I doing wrong!

How many coins you have? Less then 0.7?

Are you saying it will not stake until ur wallet has more than that? If so, that sux big time.

This is wrong. There are numerous people staking with less then .7. It just might take some time due to system priority. It gives higher priority larger balances. But over a 30 day period it should all even out.
Phew !

Now dont get me wrong there are still some hiccups happening but they are getting ironed out.
AtlanticWaves
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May 27, 2014, 09:09:02 PM
 #5446

Ok here is my understanding....feel free to correct me.

Staking is random, but it gives preference to those holding larger amounts of coins in their wallets.  I may stake every 1 day you might stake every 6 days.  In that scenario I would get ~ 1/365 of 100% of my staked coins and you would get 6/365 of 100% of your staked coins.  Everyone gets paid the same annual (100%) rate just at different (random) times so there is a steady stream of transactions happening all the time.

Once you stake you need 50 confirms before the minted coins are yours to spend and the staked coins get released.

Coin maturity can be anywhere from 6 hours to 30 days.  It's designed that way so you keep your coins in your wallet.

EDIT: Cause the developer knew that if you could take them out of your wallet you would throw them on the bed and roll in them!!!

jnasm77
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May 27, 2014, 09:25:03 PM
 #5447

Ok here is my understanding....feel free to correct me.

Staking is random, but it gives preference to those holding larger amounts of coins in their wallets.  I may stake every 1 day you might stake every 6 days.  In that scenario I would get ~ 1/365 of 100% of my staked coins and you would get 6/365 of 100% of your staked coins.  Everyone gets paid the same annual (100%) rate just at different (random) times so there is a steady stream of transactions happening all the time.

Once you stake you need 50 confirms before the minted coins are yours to spend and the staked coins get released.

Coin maturity can be anywhere from 6 hours to 30 days.  It's designed that way so you keep your coins in your wallet.

EDIT: Cause the developer knew that if you could take them out of your wallet you would throw them on the bed and roll in them!!!



Thats pretty much it, but also the longer the system makes you wait the bigger the payout for that stake.  Like if i had 1 sync and you had 1 sync but in the same time period I had 4 stakes and you had two stakes we would receive the same amount but yours would be twice the size of mine. you get priority by size of holdings and by how long you hold so smaller amounts take time to build priority to stake.  The good thing about sync is that you will get a stake in thirty days some other coins don't have max age limit so with small amounts you don't have any guarantee you will stake.
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May 27, 2014, 09:36:48 PM
 #5448

Sync multipool alert!

If you are this user:
Unknown stratum method from (unauthorized) [69.164.173.xxx]: hello
(Thread 1) Unknown stratum method from (unauthorized) [69.164.173.xxx]: worker.authenticate
(Thread 2) Unknown stratum method from (unauthorized) [69.164.173.xxx]: worker.authenticate

You are doing it wrong!  Shocked

Pleas set-up your miner correctly, this way you will not get paid!
You need to specify your wallet address as username! Sxxxx....


Kenta
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May 27, 2014, 09:45:47 PM
 #5449

Ok here is my understanding....feel free to correct me.

Staking is random, but it gives preference to those holding larger amounts of coins in their wallets.  I may stake every 1 day you might stake every 6 days.  In that scenario I would get ~ 1/365 of 100% of my staked coins and you would get 6/365 of 100% of your staked coins.  Everyone gets paid the same annual (100%) rate just at different (random) times so there is a steady stream of transactions happening all the time.

Once you stake you need 50 confirms before the minted coins are yours to spend and the staked coins get released.

Coin maturity can be anywhere from 6 hours to 30 days.  It's designed that way so you keep your coins in your wallet.

EDIT: Cause the developer knew that if you could take them out of your wallet you would throw them on the bed and roll in them!!!



Thats pretty much it, but also the longer the system makes you wait the bigger the payout for that stake.  Like if i had 1 sync and you had 1 sync but in the same time period I had 4 stakes and you had two stakes we would receive the same amount but yours would be twice the size of mine. you get priority by size of holdings and by how long you hold so smaller amounts take time to build priority to stake.  The good thing about sync is that you will get a stake in thirty days some other coins don't have max age limit so with small amounts you don't have any guarantee you will stake.

Thanks for clarifying this.

So, that means there's nothing to gain on picking up all that small dust with "coin control" and send it to myself?

Trade your cryptocoins at: ◣ bleutrade.com ◢◣ C-Cex.com ◢
AtlanticWaves
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May 27, 2014, 09:59:02 PM
 #5450

Ok here is my understanding....feel free to correct me.

Staking is random, but it gives preference to those holding larger amounts of coins in their wallets.  I may stake every 1 day you might stake every 6 days.  In that scenario I would get ~ 1/365 of 100% of my staked coins and you would get 6/365 of 100% of your staked coins.  Everyone gets paid the same annual (100%) rate just at different (random) times so there is a steady stream of transactions happening all the time.

Once you stake you need 50 confirms before the minted coins are yours to spend and the staked coins get released.

Coin maturity can be anywhere from 6 hours to 30 days.  It's designed that way so you keep your coins in your wallet.

EDIT: Cause the developer knew that if you could take them out of your wallet you would throw them on the bed and roll in them!!!



Thats pretty much it, but also the longer the system makes you wait the bigger the payout for that stake.  Like if i had 1 sync and you had 1 sync but in the same time period I had 4 stakes and you had two stakes we would receive the same amount but yours would be twice the size of mine. you get priority by size of holdings and by how long you hold so smaller amounts take time to build priority to stake.  The good thing about sync is that you will get a stake in thirty days some other coins don't have max age limit so with small amounts you don't have any guarantee you will stake.

Thanks for clarifying this.

So, that means there's nothing to gain on picking up all that small dust with "coin control" and send it to myself?

That is personal preference.  I'm planning for the future and I want my staking coins in several "pieces" so I always have coins available to sell should there be a massive spike in price.  Would be a kick in  the guts if this thing went to 10 BTC and all my coins were staking and i had to sit on the sidelines for 50 confirms.
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May 27, 2014, 10:03:45 PM
 #5451

Which multipool is the best to use after poW?
cryptomines
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May 27, 2014, 10:07:54 PM
 #5452

Which multipool is the best to use after poW?

The one in the OP is the only one that will pay out in Sync.... I believe..
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May 27, 2014, 10:08:36 PM
 #5453

Which multipool is the best to use after poW?

If you want a no brainer point your miner and get paid in sync option then the only choice is.... http://sync.multipoolmining.com/

If you are a control freak then pick any BTC paying multi and make your own purchases on the exchanges.

Using http://sync.multipoolmining.com/  has an additional advantage in that when we reach a significant hash rate the purchasing of SYNC for payout should help stabilize and then push up the price of SYNC.

Edit: Assuming the majority of people being paid in SYNC hold their coins and do not sell.
srbty
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May 27, 2014, 10:15:55 PM
 #5454

282 page !!!  Shocked

I mised some pages here....

My wallet stuck at 8467 block. I read all untill yesteraday. Have new wallet with no Sync.conf and its worked for me untill now when i opened him again...

I made .conf file but no luck. What should I do?

Did I miss something?
mikeyfinn
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May 27, 2014, 10:25:06 PM
 #5455

282 page !!!  Shocked

I mised some pages here....

My wallet stuck at 8467 block. I read all untill yesteraday. Have new wallet with no Sync.conf and its worked for me untill now when i opened him again...

I made .conf file but no luck. What should I do?

Did I miss something?

If its stuck just close and reopen. Seems to work most of the time.

Bitcoin: 1KZr3AvQ3m8NWEGbBPzFMFXbzHxpCbkbv4
Huntercoin: HQWSihm1WPJfjdPbeLfdVc6nsqrnJW5fYR
Sync: Si1MjELBXaffuNgEN4Zd3PkM9qzu9pq5k5
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May 27, 2014, 10:26:49 PM
 #5456

oh my god, what the hell happened overnight lol

hope the price recovers :p

as for above, try deleting everything except for wallet.dat and try again?
But before that make sure to upgrade to the most recent version in the OP

and me, it's still not staking, it's been saying "not mature" for ages now.
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May 27, 2014, 10:29:30 PM
 #5457

So.... Why the fuck everytime my coins go to stake the blockchain slows the fuck down? What my money is heavy or something? Fucks sake man, pfffft

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
thunder04839
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May 27, 2014, 10:33:27 PM
 #5458

Mine staked again today.  Smiley

I am receiving 1 stake every day
How!?!?!  Jesus christ what am I doing wrong!

How many coins you have? Less then 0.7?

Are you saying it will not stake until ur wallet has more than that? If so, that sux big time.

This is wrong. There are numerous people staking with less then .7. It just might take some time due to system priority. It gives higher priority larger balances. But over a 30 day period it should all even out.
Phew !

Now dont get me wrong there are still some hiccups happening but they are getting ironed out.
I'm at .107 sync.   Hoping to stake sometime soon.  We shall see.  I encrypted wallet then unlocked.  Hoping that might help.
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May 27, 2014, 10:36:33 PM
 #5459

So.... Why the fuck everytime my coins go to stake the blockchain slows the fuck down? What my money is heavy or something? Fucks sake man, pfffft

Raskul did you get hit in the head this morning? 

You helped everyone for 10 days (me included) and all of a sudden this morning you tossed in the towel. 

Would the real Raskul please log into the account  Cheesy
youngwebs
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May 27, 2014, 10:39:45 PM
 #5460

SYNC multipool update:

We have with our limited hashrate of this moment approx 10% of daily Poloniex volume!
A bit more hash, and price will go up for sure.. Smiley

Send your hash (x11 or Scrypt) to http://sync.multipoolmining.com

and yes, i know there are more exchanges..  Cool

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