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Author Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet  (Read 679272 times)
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mtwelve
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October 29, 2014, 09:46:13 PM
 #2641

Polo is down for me - just when things were getting interesting. Anyone else finding this?


Yup, same. CMC shows last update was an hour ago.

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October 29, 2014, 09:52:43 PM
 #2642

Polo is down for me - just when things were getting interesting. Anyone else finding this?


Yup, same. CMC shows last update was an hour ago.


https://twitter.com/Poloniex/status/527558965874675712
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October 29, 2014, 09:56:36 PM
 #2643

Polo is down for me - just when things were getting interesting. Anyone else finding this?


Yup, same. CMC shows last update was an hour ago.


https://twitter.com/Poloniex/status/527558965874675712

Thanks for that. DDoS, eh? I was literally in mid-trade. Sometimes you just have to leave your funds at an exchange after all.  Grin
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October 29, 2014, 10:01:18 PM
 #2644

I have no doubt funds are safe.
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October 29, 2014, 10:24:19 PM
 #2645

DDoS.....hmm...anyway...what was the price of HYP before polo went out ? anyone know?
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October 29, 2014, 10:45:19 PM
 #2646

No clue. Hopefully we can find out why polo is being DDOS'd and such. Exchanges have been getting a lot of bad rep lately, hate for polo to fall also Tongue

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October 29, 2014, 10:53:13 PM
 #2647

Well got this commited to the repo today  Wink


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October 29, 2014, 10:59:59 PM
 #2648

Today polo had a big ddos attack on the site "It's quite a large attack. Coins are all safe, and we're still working on mitigating."

I have full faith in the polo team that everything will be restored in due course. Hang on people and don't panic.
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October 29, 2014, 11:02:59 PM
 #2649

Well got this commited to the repo today  Wink

Nice.  That's a handy function indeed.
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October 29, 2014, 11:19:42 PM
 #2650

Presstab would it be possible to add a donation wallet I'm setting up for reddit giveaways onto the main post.
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October 29, 2014, 11:29:16 PM
 #2651

anyone else having polo issues? mine worked for about 2 minutes then went to an error 524 message
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October 30, 2014, 12:12:26 AM
 #2652

Polo back up

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October 30, 2014, 12:20:28 AM
 #2653

yup polo is back and hyp is climbing Smiley
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October 30, 2014, 12:44:18 AM
 #2654

Today polo had a big ddos attack on the site "It's quite a large attack. Coins are all safe, and we're still working on mitigating."

I have full faith in the polo team that everything will be restored in due course. Hang on people and don't panic.
They love to DDos exchanges and btcwisdom when things are happening.
I have lost track how often these attacks happened, but its clear that some big guys are behind it.
Very well coordinated attacks usually several exchanges being targeted at once.
Just hold your breath and your pants !
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October 30, 2014, 01:04:56 AM
 #2655

Presstab would it be possible to add a donation wallet I'm setting up for reddit giveaways onto the main post.

Of course, just let me know the address and I will throw it up.

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October 30, 2014, 01:23:44 AM
 #2656

DDoS.....hmm...anyway...what was the price of HYP before polo went out ? anyone know?

Around 0.00003744, I think.

It is slightly lower than that now, but the site seems fine again.
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October 30, 2014, 01:48:20 AM
 #2657

Presstab, I heard something about max coins per day being 960k??? Is that correct? So that is how inflation will be controlled? Also how/where can I find this information of how many coins per day? Thanks as always!!

Max stakereward = 1000 HYP / block
1 block every 90 seconds
960 blocks in 86400 seconds or 24 hours.
960 × 1000 = 960.000 HYP max/day

Exactly.

Also checkout this link from the HYP wiki
http://hyperstake.wikia.com/wiki/Max_subsidy


HYPster, are you also asking how many coins are actually minted per day? if so, you can run "money supply" in the wallet's debug console
amonng others, you would see this:

"supply change(last 960 blocks)" : 513982.99980200,
"supply change(last 6,720 blocks)" : 3356545.35696700,
"supply change(last 28,800 blocks)" : 11843339.57843200,




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October 30, 2014, 01:55:35 AM
 #2658

         1) by using the richlist select an amount of hype . for example those folks holding lets say, 75k or more for longer then a certain number of days gets a bonus...for instance..lets say i owned (i do not actually but for the sake of the statement) 75 k hype...ive had it in my wallet for 90+ days i could get some sort of a bonus...say maybe 1k "bonus HYP" or you could use a percentage like anyone owning over 75k+ HYP on a certain addres for continuous 90 days would receive this bonus...and then a "silver hypster" could maybe be someone who is holding 50-74,999.99 and they could get a bonus as well..and then for bronze anyone who holds 25k-49,999.99k hyp gets a bonus....and then you could always double the bonus if the balances retain the value for a consecutive 180 days...etc... this could be modified in MANY ways (the rewards, the levels, the amounts, etc)
just a thought,it would encourage people to hold the coin long term and encourage even more for people to hold on to there staking coins

       2) im not sure if this exists ....if it does,then disregard this one.  create a website or branch it off a website , and sell merchandise ..you might say...that costs to much..well no, not really. you could just have them made as you sell them... theres tons of sites that do this and also there are local places here that do it. id buy a HYP coffee mug or hat or shirt and i wouldnt mind waiting a few days to have it "process" (this would be the time it would take for you to get it from the manufacturer) or you could always have it made and keep it on hand, either way i think itd be good.. you have a very strong community and im sure (specially with the pictures of the HYP girls) alot of guys on here would buy stuff from you

       3) this branches off of number 2. you could take the profits from the merchandise and put it into contests and development or anything else you wanted to do...or invest it in HYP loan and maybe rather then 4k move it up to 6k or 8k . this would encourage people to contribute to get the loan

      4.  again,this may already exist.  create a video (longer then 3-5 minutes ) explaining HYP and its benefits to the community and what it can offer, id assume presstab would be the guy to do this...but any "sr. member" whose been in hyp for a while (preferably from the beginning). and put it anywhere you can...forums, trollboxes, facebook,twitter ...ANYWHERE!!! itd be good to get the word out there


these are just the finalized ideas , let me know what you think guys i have a few more ideas but i need to refine them a bit but thats what i have so far..any feedback would be great,thanks!!
One would discourage volume, I'm afraid. I prefer Stake Hunter's pledge (or Latapie Pledge): sell 25% or your stake for BTC (or for XMR). Plus telling between bought coins and stacked coins is... difficult at best.

Two is definitely something we consider, although it requires manpower to operate it - and probably outsourcing most of it (which is not an issue, as long as it is done well).

Three is good

Four we are discussing it and we'll probably have a meeting in Paris with waxo and hegemoon (sorry press, SLC another time, promised) in late November/early December.

Presstab would it be possible to add a donation wallet I'm setting up for reddit giveaways onto the main post.
Of course, just let me know the address and I will throw it up.
Do we need another donation address? Isn't the Community wallet enough? I'm OK if it serves a particular purpose but it not, let's just mix them all.
Some time ago, I told about the Latapie pledge: selling 25% of my stakes for for Monero (on the XMR/HYP) market. Still valid.

Some more things I'd like to share with you. I seldom buy at at sell price. Instead, I place buy orders at a round number. My previous one was at 0.02 XMR and it got eaten (pre DDOS, the buy price was at 0.013 XMR, I don't remember for BTC)

As for the block, a rich man's problem is to not have block competing with other too much. So, presstab's latest code introduced first on IRC won't work much for me, because I will have too mich block at the same blocksize at the same moment. 21000/7 would give me 7 blocks at 3000. Generated at the same moment with the same weight, they run the risk of making me hit the subsidy wall. So I stick with my manual (and time-consuming) strategy: 1 block at 3300, 1 at 3600, 1 at 3900. Experience proved me that I have too much block for 4000. Of course the fact that I had to reset my blocks because of my own stupidity some weeks influence my calculation and I should see how it goes in one month. But better safe than sorry, I will continue using this 3300/600/3900/3300 scheme.

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October 30, 2014, 02:01:58 AM
 #2659

I'd also like to bring my 3 prong approach up again:

(1) Social/tipping/sharing asset -Reddit tipbots and the like
(2) Gaming asset - either marketed as a way to save a certain principal to then later gamble with the stake, or within games/gambling itself
(3) Foreign exchange asset - target Bter, Btc38, Btc-e, etc.; localization of marketing in foreign countries
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October 30, 2014, 02:07:33 AM
 #2660

Presstab, I heard something about max coins per day being 960k??? Is that correct? So that is how inflation will be controlled? Also how/where can I find this information of how many coins per day? Thanks as always!!

Max stakereward = 1000 HYP / block
1 block every 90 seconds
960 blocks in 86400 seconds or 24 hours.
960 × 1000 = 960.000 HYP max/day

Exactly.

Also checkout this link from the HYP wiki
http://hyperstake.wikia.com/wiki/Max_subsidy

And this one: http://hyperstake.wikia.com/wiki/Max_generation
Plus, the two of them belong to the category inflation control: http://hyperstake.wikia.com/wiki/Category:Inflation_control
And on the matter of the consequences of max generation: https://bitcointalk.org/index.php?topic=784363.msg9367805#msg9367805
What we desperately need is a multipool, I would definitely buy a small ASIC or run my GPUs to get some HYP. This allows just another way to get into HYP while also creating volume and liquidity in the exchanges. This can be done through just asking multipools to get HYP as a payout option or the community to make one.  To a lesser extent we could do something like Blackcoins black shield (whatever it's called) where buy walls are put up to help control at least a little bit of the volatility...
Desperately is strong word. But yes, this is interesting and should be part of the HyperShield initiative. I proposed it months ago and waxo and me talked about it one week ago again - and we will probably consider how to do during "HYPcon Paris", in at the end of November. By the way, any one around Paris by this time is welcomed to join
I'd also like to bring my 3 prong approach up again:

(1) Social/tipping/sharing asset -Reddit tipbots and the like
(2) Gaming asset - either marketed as a way to save a certain principal to then later gamble with the stake, or within games/gambling itself
(3) Foreign exchange asset - target Bter, Btc38, Btc-e, etc.; localization of marketing in foreign countries
It is good too. I'd say our main issue now is scalability. I predicted it but I failed to work diligently enough on t. I take full responsability on that.

On the bright side, I'm glad I encouraged Kushed to take maximum initative on HyperPool because now it seem to not need me at all. So I'll do the same here: I need someone to overseer the Three-pronged approach. Crazy, you told me you don't want to be that person so we need someone else and that cannot be me or presstab. So who's willing to devote some time? You won't do everything, you will gather a team, focus on what really maters and keep on going.

If you are uncertain you can do it, contact me and and we'll see.

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