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Author Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos  (Read 1484218 times)
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merk475
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July 18, 2014, 03:10:03 PM
 #16701


If it's unlocked for staking I think you still need a password to send coins don't you?

You Should In Theory but in Practice it does not require it. Try it out for yourself. It was a bug that has not been fixed yet to my knowledge but I did not check in the last wallet releases.

I'm the same.  Have not tried to send any coins with the updated XCurrency wallet.  I know with the older X11 wallet, it did not work correctly.
laredo7mm
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July 18, 2014, 03:10:51 PM
Last edit: July 18, 2014, 03:59:03 PM by laredo7mm
 #16702

up to 30 days before wallet stakes mate, ive been going a good while on mine now and only had a few.. They will come though... I have not "optimised" my coins either for staking.....

OK - ty. Do you know why the wallet says 14 hrs until reward though? What does that mean?  

That number is an estimate.  I don't know if it is accurate or not, but like Teka said, it is a lottery of sorts.

You have your weight and the network weight.  I think those are what determine your "time until reward."

I view it like solo mining.  Your weight is your hashrate, and the network rate is the difficulty.  You can run the calculations and it says you should find a block every 14 hours, but we all know, there is a lot of variance when mining/minting.  So you could find 20 blocks in a day and then go 10 days before finding the next one.

Staking is working fine for me.  I have staked more than 300 XC since PoS blocks started (which was before the end of PoW).
holyprofit
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July 18, 2014, 03:15:59 PM
 #16703

Staking:

I don't know why people have a hard time staking.  I typically unlock my wallet once every couple of weeks and it stakes rather quickly.  I think the people that have a hard time staking are people that are impatient and want to stake quickly because they want to sell their coins. It's so simple if you have the patience.



I'm not impatient I just want to know how it works - and to understand what the wallet is telling me which seems to contradict the 8hrs to 30 days story. Perhaps I'm confusing minting and staking? (If I wanted to sell my coins to trade them I obviously wouldn't bother waiting around 30 days just for 0.3% bonus.)

Anyway as I understand it I simply unlock my wallet every week and if the coins have staked then it will appear.

I don't pay attention to the timer.  Pick one night every 2 weeks or so and unlock your wallet.  Lock it back up when it's done.  Easy game.

But how do you keep the network moving if this is everyones plan?  Wallets should be unlocked for staking always, or at least have a separate wallet with a portion of your coins to stake and protect the network.

I didn't say it was everyone's plan, it's mine.  I'm not keeping my wallet open all the time until we figure out how to keep the wallet unlocked and still need a password to send coins.

If it's unlocked for staking I think you still need a password to send coins don't you?

You Should In Theory but in Practice it does not require it. Try it out for yourself. It was a bug that has not been fixed yet to my knowledge but I did not check in the last wallet releases.

Oh I see! I'll give it a go. Last time when I transferred coins to myself (to different addresses) it did ask for a password, but maybe I could have just pressed enter.
merk475
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July 18, 2014, 03:16:44 PM
 #16704

^^^^ Laredo.....you are a staking GOD!
demgains
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July 18, 2014, 04:09:12 PM
 #16705

up to 30 days before wallet stakes mate, ive been going a good while on mine now and only had a few.. They will come though... I have not "optimised" my coins either for staking.....

OK - ty. Do you know why the wallet says 14 hrs until reward though? What does that mean?  

That number is an estimate.  I don't know if it is accurate or not, but like Teka said, it is a lottery of sorts.

You have your weight and the network weight.  I think those are what determine your "time until reward."

I view it like solo mining.  Your weight is your hashrate, and the network rate is the difficulty.  You can run the calculations and it says you should find a block every 14 hours, but we all know, there is a lot of variance when mining/minting.  So you could find 20 blocks in a day and then go 10 days before finding the next one.

Staking is working fine for me.  I have staked more than 300 XC since PoS blocks started (which was before the end of PoW).

300!!

wtf i will be happy if i got an extra 20 coins in the next 4 weeks. I just started 3 days ago though after the news about Mintpal
laredo7mm
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July 18, 2014, 04:13:44 PM
 #16706


300!!

wtf i will be happy if i got an extra 20 coins in the next 4 weeks. I just started 3 days ago though after the news about Mintpal

I started mining 3 hours after launch.  Wish I could have gotten out of work early to switch my mining rig over sooner. Smiley
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July 18, 2014, 04:19:45 PM
 #16707


300!!

wtf i will be happy if i got an extra 20 coins in the next 4 weeks. I just started 3 days ago though after the news about Mintpal

I started mining 3 hours after launch.  Wish I could have gotten out of work early to switch my mining rig over sooner. Smiley

Recommend teamviewer for situations like that.
laredo7mm
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July 18, 2014, 04:27:42 PM
 #16708


300!!

wtf i will be happy if i got an extra 20 coins in the next 4 weeks. I just started 3 days ago though after the news about Mintpal

I started mining 3 hours after launch.  Wish I could have gotten out of work early to switch my mining rig over sooner. Smiley

Recommend teamviewer for situations like that.

I hear ya.  I should have had some sort of remote connection to my mining rig.  If I ever fire it back up, I won't make that mistake again.

All I did for monitoring was to run a cron job PhP and had the results uploaded to a website.  I could see my machines running, but not change anything.  At the time it seemed like a good solution. Wink
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July 18, 2014, 04:29:23 PM
 #16709


300!!

wtf i will be happy if i got an extra 20 coins in the next 4 weeks. I just started 3 days ago though after the news about Mintpal

I started mining 3 hours after launch.  Wish I could have gotten out of work early to switch my mining rig over sooner. Smiley

u must have a high coin count to accumulate that kind of interest in so little time Grin
laredo7mm
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July 18, 2014, 04:34:14 PM
 #16710


300!!

wtf i will be happy if i got an extra 20 coins in the next 4 weeks. I just started 3 days ago though after the news about Mintpal

I started mining 3 hours after launch.  Wish I could have gotten out of work early to switch my mining rig over sooner. Smiley

u must have a high coin count to accumulate that kind of interest in so little time Grin

My first PoS block was on 05/18/2014.  Two months ago today.  Damn, time does fly by. Wink
demgains
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July 18, 2014, 04:49:25 PM
 #16711


300!!

wtf i will be happy if i got an extra 20 coins in the next 4 weeks. I just started 3 days ago though after the news about Mintpal

I started mining 3 hours after launch.  Wish I could have gotten out of work early to switch my mining rig over sooner. Smiley

u must have a high coin count to accumulate that kind of interest in so little time Grin

My first PoS block was on 05/18/2014.  Two months ago today.  Damn, time does fly by. Wink

is your wallet unlocked 24/7?
laredo7mm
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July 18, 2014, 04:53:49 PM
 #16712


300!!

wtf i will be happy if i got an extra 20 coins in the next 4 weeks. I just started 3 days ago though after the news about Mintpal

I started mining 3 hours after launch.  Wish I could have gotten out of work early to switch my mining rig over sooner. Smiley

u must have a high coin count to accumulate that kind of interest in so little time Grin

My first PoS block was on 05/18/2014.  Two months ago today.  Damn, time does fly by. Wink

is your wallet unlocked 24/7?


Unlocked for staking only, yes.

I get staked coins multiple times a day.
demgains
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July 18, 2014, 05:17:37 PM
 #16713


300!!

wtf i will be happy if i got an extra 20 coins in the next 4 weeks. I just started 3 days ago though after the news about Mintpal

I started mining 3 hours after launch.  Wish I could have gotten out of work early to switch my mining rig over sooner. Smiley

u must have a high coin count to accumulate that kind of interest in so little time Grin

My first PoS block was on 05/18/2014.  Two months ago today.  Damn, time does fly by. Wink

is your wallet unlocked 24/7?


Unlocked for staking only, yes.

I get staked coins multiple times a day.


wow I'm jealous, I'll admit that
tr8kr
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July 18, 2014, 05:40:42 PM
 #16714

up to 30 days before wallet stakes mate, ive been going a good while on mine now and only had a few.. They will come though... I have not "optimised" my coins either for staking.....

OK - ty. Do you know why the wallet says 14 hrs until reward though? What does that mean?  

That number is an estimate.  I don't know if it is accurate or not, but like Teka said, it is a lottery of sorts.

You have your weight and the network weight.  I think those are what determine your "time until reward."

I view it like solo mining.  Your weight is your hashrate, and the network rate is the difficulty.  You can run the calculations and it says you should find a block every 14 hours, but we all know, there is a lot of variance when mining/minting.  So you could find 20 blocks in a day and then go 10 days before finding the next one.

Staking is working fine for me.  I have staked more than 300 XC since PoS blocks started (which was before the end of PoW).

You must have more than 60k Xc for 300xc interest but i think you have more than 100k Xc !
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July 18, 2014, 05:50:48 PM
 #16715

For the Mac OS heads...

I can confirm staking works with the 0.9.1.5 client.   Smiley
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July 18, 2014, 07:11:00 PM
 #16716

For the Mac OS heads...

I can confirm staking works with the 0.9.1.5 client.   Smiley

always good to hear from a hero member, especially about mac wallet, we get a lot of questions about that, ty!

XCurrency Price Speculation Topic
Coin Control Basic guide                                                                XChat address/private/instant/absolute: XSKu1fpwvRcAekfK91qVHi51Tgz4ckoA91
XChat public key: zcfx74j4fFK9hW7rQniTvLyDyXd9SyRCrncP9vdukbVT
Teka (OP)
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July 18, 2014, 07:13:35 PM
 #16717

For the Mac OS heads...

I can confirm staking works with the 0.9.1.5 client.   Smiley

Thank you for confriming, always good to get verification from a 3rd party
SirEGB
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July 18, 2014, 07:59:02 PM
 #16718


300!!

wtf i will be happy if i got an extra 20 coins in the next 4 weeks. I just started 3 days ago though after the news about Mintpal

I started mining 3 hours after launch.  Wish I could have gotten out of work early to switch my mining rig over sooner. Smiley

Recommend teamviewer for situations like that.

Teamviewer is great but sometimes it can crash, but it works most of the time and it's free to use. 
illodin
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July 18, 2014, 10:13:55 PM
 #16719

I agree with pookie. XC is perfect for darknet markets and we should do some marketing over there. I tryed to bring up this discussion about a  week ago but nobody seemed to care. If xc is not to be marketed as a perfect payment option for darnetmarkets then why anon? Why would anyone chose XC over bitcoin if all they want is to buy regular stuff? The most important feature of XC is anonimity, why not take advantage.

If it's closed source they won't adopt it.
BrewCrewFan
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July 18, 2014, 11:29:52 PM
 #16720

Watching this thread today along with the XC market, makes watching paint dry more exciting.

And yes, I gotta work OT tomarrow. Careful, I might have incentive check that might have to go into XC again :/

Free SIGNs giving everyday. Be part, do not miss!.
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