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Author Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet  (Read 584615 times)
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presstab
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July 06, 2014, 03:34:25 PM
 #101

SOoooooooooooo, anyone fix their goddamn syncing problems?

Yep Smiley

How?
Well there are a few spots where it seems to get stuck. One was because checkproofofstake wasn't going through.  Still working on some of the others.


Well i kinda need a fix of some sorts, cos even reinstalling the wallet still doesnt sync...

No worries, these are all quick fixes that I will have out on the new wallet.  Obviously I wasn't dev for TRK, so didn't publish any changes to their wallet.

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July 06, 2014, 03:39:37 PM
 #102

Yeah I just closed the wallet and reopened it each time it got stuck (about 6-7 times)
Thanks god for small blockchains if this had been a year old coin I'd have quit Cheesy

Soo I now have a nice wallet full of fresh 1600TRK blocks - Just to confirm I can kill the client copy the wallet.dat to another location and await the release of your new toy?

Once new toy is delivered copy the wallet.dat into appropriate folder and enjoy the HYPE

After the fork ~8:30 pm TRK and HYPE become two separate entities in two different wallets

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July 06, 2014, 03:43:24 PM
 #103

OK IT FINALLY SYNCED!


WHAT DO I DO NOW TO PREPARE FOR HYP?

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July 06, 2014, 03:45:04 PM
 #104

OK IT FINALLY SYNCED!


WHAT DO I DO NOW TO PREPARE FOR HYP?
Divide your coins in block of 1600 HYP to optimise reward. If you have a lot of HYP, this means a lot of addresses, I know.See below. One address, several blocks.

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July 06, 2014, 03:45:47 PM
 #105

OK IT FINALLY SYNCED!


WHAT DO I DO NOW TO PREPARE FOR HYP?
Divide your coins in block of 1600 HYP to optimise reward. If you have a lot of HYP, this means a lot of addresses, I know.

So i create different addresses, then send 1'600 coins to each address in the same wallet?

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July 06, 2014, 03:46:32 PM
 #106

OK IT FINALLY SYNCED!


WHAT DO I DO NOW TO PREPARE FOR HYP?
Divide your coins in block of 1600 HYP to optimise reward. If you have a lot of HYP, this means a lot of addresses, I know.

So i create different addresses, then send 1'600 coins to each address in the same wallet?
Yes. presstab, do you confirm?

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July 06, 2014, 03:50:12 PM
 #107

OK IT FINALLY SYNCED!


WHAT DO I DO NOW TO PREPARE FOR HYP?
Divide your coins in block of 1600 HYP to optimise reward. If you have a lot of HYP, this means a lot of addresses, I know.

So i create different addresses, then send 1'600 coins to each address in the same wallet?
Yes. presstab, do you confirm?
Think its 1600 PER BLOCK you can have them in one address 
presstab
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July 06, 2014, 03:50:39 PM
 #108

OK IT FINALLY SYNCED!


WHAT DO I DO NOW TO PREPARE FOR HYP?
Divide your coins in block of 1600 HYP to optimise reward. If you have a lot of HYP, this means a lot of addresses, I know.

So i create different addresses, then send 1'600 coins to each address in the same wallet?
Yes. presstab, do you confirm?

Confirmed except for you can keep them at one address.

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July 06, 2014, 03:51:50 PM
 #109

Guys I am not a techie at all and I got my 9.5k truck on allcoin can I just wait till HYPER is launched and switch them over in the exchange ask for them to be switched over? I am so technically impaired lol..all I know is to download and extract and open wallets, that's about as much as I can manage. Grin

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TMlucyd
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July 06, 2014, 03:52:17 PM
 #110

OK IT FINALLY SYNCED!


WHAT DO I DO NOW TO PREPARE FOR HYP?
Divide your coins in block of 1600 HYP to optimise reward. If you have a lot of HYP, this means a lot of addresses, I know.

So i create different addresses, then send 1'600 coins to each address in the same wallet?
Yes. presstab, do you confirm?

Confirmed except for you can keep them at one address.

Thanks for that - I was afraid I'd have to send all my coins back-forth between wallets to get them to different addresses.
Can you confirm if there's an optimal number of coins, per wallet? Or doesn't it matter?
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July 06, 2014, 03:56:10 PM
 #111

OK IT FINALLY SYNCED!


WHAT DO I DO NOW TO PREPARE FOR HYP?
Divide your coins in block of 1600 HYP to optimise reward. If you have a lot of HYP, this means a lot of addresses, I know.

So i create different addresses, then send 1'600 coins to each address in the same wallet?
Yes. presstab, do you confirm?

Confirmed except for you can keep them at one address.

Thanks for that - I was afraid I'd have to send all my coins back-forth between wallets to get them to different addresses.
Can you confirm if there's an optimal number of coins, per wallet? Or doesn't it matter?

Not that I am aware
You are basically trying to make sure any individual block POS reward does not go over the maximum - you can only get one reward at a time hence 1600
any other mature blocks will add to your weight but are rewarded individually as they solve for POS in turn
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July 06, 2014, 03:56:37 PM
 #112

OK IT FINALLY SYNCED!


WHAT DO I DO NOW TO PREPARE FOR HYP?
Divide your coins in block of 1600 HYP to optimise reward. If you have a lot of HYP, this means a lot of addresses, I know.

So i create different addresses, then send 1'600 coins to each address in the same wallet?
Yes. presstab, do you confirm?

Confirmed except for you can keep them at one address.

Thanks for that - I was afraid I'd have to send all my coins back-forth between wallets to get them to different addresses.
Can you confirm if there's an optimal number of coins, per wallet? Or doesn't it matter?
Not per wallet - per block, and that number is just about 1600 coins.

here is a quick qriteup I did for NOBL that might help
Quote
Does this mean I need to run ten different wallets with 100,000 NOBL in each?
No, this is a common misunderstanding of how staking and the wallet works. A wallet can hold as many blocks of coins as you want it to, there is no reason to use separate wallets to maximize reward.
What if I still think that I can get around the maximum subsidy by using  multiple wallets?  If you still aren’t convinced, then let me ask you this: what is the difference between having one wallet with ten blocks of 100,000 NOBL that are ten days old and having 10 wallets each with 1 block of 100,000 NOBL that is ten days old?  In both cases you have the same stake weight.  In the first case you only keep track of one wallet on one machine and in the second case you have to struggle to keep track of what is going on with multiple machines. 
Let me emphasize this: in both cases you have the same stake weight and therefore the exact same probability of being selected to stake.
Alright I understand how it works, but what is the point if I can still get full interest?
There are multiple reasons to add a maximum subsidy.

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July 06, 2014, 03:59:30 PM
 #113

So we are approximately 4.5 hours away now?
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July 06, 2014, 04:00:08 PM
 #114

Guys I am not a techie at all and I got my 9.5k truck on allcoin can I just wait till HYPER is launched and switch them over in the exchange ask for them to be switched over? I am so technically impaired lol..all I know is to download and extract and open wallets, that's about as much as I can manage. Grin

Get those coins out of allcoin and into a trk wallet before the fork. Or else they may be trk forever.

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July 06, 2014, 04:05:03 PM
 #115

lol bittrex trk 24 hour volume went from average  ~0.15 BTC to now 2.6 BTC ... I would say we have some HyperStakers!


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July 06, 2014, 04:05:16 PM
 #116

YES! IT WORKS!

I GOT 7 Seperate addy's

STAKING HERE I COME! :>

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July 06, 2014, 04:07:23 PM
 #117

So for clarification I had ~17,320 TRK coins in my wallet. I sent all of them to Bittrex. Once confirmed, I sent 1600 coins at a time back to my TRK wallet on my computer until all coins had been sent. So basically I had 11 sent transactions on Bittrex and 11 received transactions into my TRK wallet (10-1600, and 1-1320). Hopefully this will help explain it. Looking forward to the fun!
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July 06, 2014, 04:10:46 PM
 #118

So for clarification I had ~17,320 TRK coins in my wallet. I sent all of them to Bittrex. Once confirmed, I sent 1600 coins at a time back to my TRK wallet on my computer until all coins had been sent. So basically I had 11 sent transactions on Bittrex and 11 received transactions into my TRK wallet (10-1600, and 1-1320). Hopefully this will help explain it. Looking forward to the fun!

That works fine, but you really don't need the bittrex step. It would have been fine to send them from your wallet to your wallet... sending them to your own address does work fine.

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July 06, 2014, 04:12:57 PM
 #119

Point taken. Thanks for the info. Seems obvious, but didn't even think of doing that.....darn!!
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July 06, 2014, 04:16:22 PM
 #120

Oh, and I do vote for 'HYPE'. Thanks.
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