[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos

[laredo7mm]

If an address starts with 500 XC (POS sweet spot 50-500) and then stakes so the balance is over 500 XC, is it no longer in the POS sweet spot for future staking at that same address?

I am not sure if it's the same with XC, but I've noticed in other PoS coins that when coins at an address stake they are split evenly into two new addresses after staking. So 500 XC after staking might become 251.5 XC at two different addresses.

This is not the case with XC.  Thanks anyhow.

Correct, it is not the case with XC.  I have more than one address in my wallet, all have more than 500 XC in them, and I don't have any issues staking.

I guess I am not a true believer that each address in the wallet should have 500 XC, but rather that the transactions in the address be 500 XC or less.  I guess the only way to tell is for me to generate hundreds of addresses in a new wallet and then send each one 500 XC and see if my rate of stake increases.  That really isn't an exercise that I want to do though.  Sounds like too much work. 

[laredo7mm]

If an address starts with 500 XC (POS sweet spot 50-500) and then stakes so the balance is over 500 XC, is it no longer in the POS sweet spot for future staking at that same address?

I am not sure if it's the same with XC, but I've noticed in other PoS coins that when coins at an address stake they are split evenly into two new addresses after staking. So 500 XC after staking might become 251.5 XC at two different addresses.

This is not the case with XC.  Thanks anyhow.

I'm pretty sure that is how my staking has been working... so I start with a 500 it turns into two 250's, then 4 125's, 8 62.5's, so on until I coin control it back into a 500 chunk...

If that were the case, how can I track my addresses through the block explorer API and still see the number of coins in each address increasing?

In your first statement you said that they are split into new addresses.  So you have 8 new addresses with 62.5 in each addy?  

This is not the case for me, but I am not using the most recent wallet version either.  Maybe something changed, but it would seem like a lot of extra addresses would be generated if what you are saying is true.


Edited to add:  One of my addresses has 6432 transactions of which 6400 are probably from staking.  There are only 4880 XC addresses with balances/transactions known in the block chain.

[flashbit]

I have a question, and maybe the answer is obvious, but could it be that alot of the sell orders are people selling their staked coins for some short term profit? Is it possible to have large surpluses of staked coins at this stage in our development?  

Interesting point.  I also often wonder if the Exchanges themselves are staking with client's XCs and selling them? Quite possible.

[KimmyF]

If an address starts with 500 XC (POS sweet spot 50-500) and then stakes so the balance is over 500 XC, is it no longer in the POS sweet spot for future staking at that same address?

I am not sure if it's the same with XC, but I've noticed in other PoS coins that when coins at an address stake they are split evenly into two new addresses after staking. So 500 XC after staking might become 251.5 XC at two different addresses.

This is not the case with XC.  Thanks anyhow.

I'm pretty sure that is how my staking has been working... so I start with a 500 it turns into two 250's, then 4 125's, 8 62.5's, so on until I coin control it back into a 500 chunk...

If that were the case, how can I track my addresses through the block explorer API and still see the number of coins in each address increasing?

In your first statement you said that they are split into new addresses.  So you have 8 new addresses with 62.5 in each addy?  

This is not the case for me, but I am not using the most recent wallet version either.  Maybe something changed, but it would seem like a lot of extra addresses would be generated if what you are saying is true.

They are split between two new inputs, under the same address.

[laredo7mm]

I have a question, and maybe the answer is obvious, but could it be that alot of the sell orders are people selling their staked coins for some short term profit? Is it possible to have large surpluses of staked coins at this stage in our development?  

Interesting point.  I also often wonder if the Exchanges themselves are staking with client's XCs and selling them? Quite possible.

Highly unlikely that exchanges are staking.  Look at http://chainz.cryptoid.info/xc/#!rich and notice that the exchange addresses don't change for days, weeks, or months.

[laredo7mm]

They are split between two new inputs, under the same address.

Exactly, but he was saying this:

...they are split evenly into two new addresses after staking...

[reebokasss]

we are waiting xc tor stick today ant trade volume in MP is only 19 BTC???

[oblox]

I have a question, and maybe the answer is obvious, but could it be that alot of the sell orders are people selling their staked coins for some short term profit? Is it possible to have large surpluses of staked coins at this stage in our development? 

Interesting point.  I also often wonder if the Exchanges themselves are staking with client's XCs and selling them? Quite possible.

They shouldn't be. From a risk:reward perspective, keeping a hotwallet with substantial coins online isn't worth it. MP claims they weren't staking VRC, but yet they did have a ton of coins sitting in their hotwallet. Beats the hell out of me.

[Youghoor]

we are waiting xc tor stick today ant trade volume in MP is only 19 BTC???

no support of this coin for mintpal we need more support to make it rise.

[synechist]

So, who's gonna use TOR exclusively when the TOR Stick comes out?

[RW-Stott]

So, who's gonna use TOR exclusively when the TOR Stick comes out?

 

[infinitechaos]

They are split between two new inputs, under the same address.

Exactly, but he was saying this:

...they are split evenly into two new addresses after staking...

Yes, I went to go check my other PoS coin's wallet and saw there are indeed several inputs under the same address. At first glance it looked like they were all new addresses, but they are definitely just separate inputs under the same address.

My mistake. Thanks for clearing it up.  

[MadGhost]

They are split between two new inputs, under the same address.

Exactly, but he was saying this:

...they are split evenly into two new addresses after staking...

Yes, I went to go check my other PoS coin's wallet and saw there are indeed several inputs under the same address. At first glance it looked like they were all new addresses, but they are definitely just separate inputs under the same address.

My mistake. Thanks for clearing it up. 

now everything is clear for you and it is good.

[RW-Stott]

So, who's gonna use TOR exclusively when the TOR Stick comes out?

https://twitter.com/XCurrency/status/497370766200299520

"Lots of #XC news coming out today... stay tuned."

[SushiChef]

So, who's gonna use TOR exclusively when the TOR Stick comes out?

Would advise USB 3.0 for that

[MadGhost]

So, who's gonna use TOR exclusively when the TOR Stick comes out?

Would advise USB 3.0 for that

yeah USB 3.0 is faster and it will lot with lot of less time.

[_evolution_]

Hmm... I wonder what we're going to announce today.

(Yes there are surprises in store.)

Telepathy encryption

[almond]

So, who's gonna use TOR exclusively when the TOR Stick comes out?

Would advise USB 3.0 for that

yeah USB 3.0 is faster and it will lot with lot of less time.

or set it up in a virtual machine

[synechist]

Hmm... I wonder what we're going to announce today.

(Yes there are surprises in store.)

Telepathy encryption

Naturally :-). In fact, that's our next milestone.

[RW-Stott]

Hmm... I wonder what we're going to announce today.

(Yes there are surprises in store.)

Telepathy encryption

Naturally :-). In fact, that's our next milestone.

Better to release news earlier in the day... let's more people read it while its fresh!