[HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet

[nioc]

Now we just need the price to go back up.

Why is the order book on Poloniex stuffed with sell orders of 50-100 HYP?

I´m pretty sure the answer is ¨someone is manipulating the price,¨but I thought I´d ask anyway.

Selling "at market" is a stupid plan. I'd like everyone reading this to read that again. Hell, I'll repeat it. Selling "at market" is a stupid plan. If everyone who has a sell order up would take it down RIGHT NOW and relist at 2K satoshis or higher, do you really think no one would buy?

I didn't sell any here (yet), but decided to start this moving if I can.  I set up a trade on polo for 2000, at 2k sats.  Anyone want to match???

Makes no sense. 

1) this will increase the total number of coins for sale which people took at while trading even though it's not near market price.
2) being not anywhere near market price it's not selling anytime soon.
3) why not stake the 2000 thereby getting more HYP and securing the network while reducing the supply for sale?

Somebody has a sell order for over 20K HYP @8880 sats.

[1714649985]

1714649985

[1714649985]

1714649985

[Biomech]

Now we just need the price to go back up.

Why is the order book on Poloniex stuffed with sell orders of 50-100 HYP?

I´m pretty sure the answer is ¨someone is manipulating the price,¨but I thought I´d ask anyway.

Selling "at market" is a stupid plan. I'd like everyone reading this to read that again. Hell, I'll repeat it. Selling "at market" is a stupid plan. If everyone who has a sell order up would take it down RIGHT NOW and relist at 2K satoshis or higher, do you really think no one would buy?

I didn't sell any here (yet), but decided to start this moving if I can.  I set up a trade on polo for 2000, at 2k sats.  Anyone want to match???

Makes no sense. 

1) this will increase the total number of coins for sale which people took at while trading even though it's not near market price.
2) being not anywhere near market price it's not selling anytime soon.
3) why not stake the 2000 thereby getting more HYP and securing the network while reducing the supply for sale?

Somebody has a sell order for over 20K HYP @8880 sats.

If enough people refuse to sell at sub 2K, it creates a floor. Anyone wanting in at any quantity will have to hit or raise that floor. Trading and Poker have a lot in common. It's a game, and I play to win. Besides, 2800 HYP isn't a big dent in my stash. When my next four blocks stake (which should have already happened, but HYP is weird about big blocks) I will have nearly doubled that. Pushing the market a bit is both fun and (potentially) profitable.

[Sir William]

Since I was the one who opened my big mouth...

yes. I'll match, and increment a little above with another 800. Just sent the coins, it'll be posted up as soon as they confirm.

EDIT: Done and increments of 200 up to 4K. Let's do this shit

I just set up my polo address for my s4c.  I'll match that when I have that deposited.  It shouldn't be too long at 25%.  

[presstab]

That being said:

• Moving from 8.73-30 to 5-15, I don't see the point (it would encourage larger blocks, to stake faster, I fail to see the use of it). What did I miss?
• I believe that eliminating max age would actually help small miners since they would not have a 30-day countdown to stake (and it would also mean more blocks to stake). I understand this would increase difficulty, but I don't think that preventing such increase would do any difference for holders, since it is more difficult for everyone. If impatience is the issue, then HyperPool should lower the variance, like poolmining does for PoW. Plus, I never understood the rational behind max age

I hope it clarified things. Could you explain what is the reason for max age?

1) I meant extending the max age another 5-15 days. So opening the max up to be maybe 35-45 days.
2) This is detrimental to security of the network because an attack can be launched with a smaller amount of coins.

Also just a reminder that:
weight = block size * (days old - (1/6))

[nioc]

Since I was the one who opened my big mouth...

yes. I'll match, and increment a little above with another 800. Just sent the coins, it'll be posted up as soon as they confirm.

EDIT: Done and increments of 200 up to 4K. Let's do this shit

I just set up my polo address for my s4c.  I'll match that when I have that deposited.  It shouldn't be too long at 25%.  

WARNING!! S4C doesn't work as it is described.  I tried it once and the % wasn't taken from the stake of the block that had just staked but from another block that hadn't even matured to 8.8 days yet.  The not matured block was now smaller and it's age was reset to 0.

[presstab]

Since I was the one who opened my big mouth...

yes. I'll match, and increment a little above with another 800. Just sent the coins, it'll be posted up as soon as they confirm.

EDIT: Done and increments of 200 up to 4K. Let's do this shit

I just set up my polo address for my s4c.  I'll match that when I have that deposited.  It shouldn't be too long at 25%.  

WARNING!! S4C doesn't work as it is described.  I tried it once and the % wasn't taken from the stake of the block that had just staked but from another block that hadn't even matured to 8.8 days yet.  The not matured block was now smaller and it's age was reset to 0.

Yes this is true, the way that Tranz has designed S4C, and how HYP/HBN/CAP all use it, it targets a certain block, but there is no guarantee that this is the block that will be used.  S4C should be used at your own risk, until I am able to put better discrimination into the code (on my list of things for the next version of the wallet).

[David Latapie]

I just set up my polo address for my s4c.  I'll match that when I have that deposited.  It shouldn't be too long at 25%.  

Glad to see more and more people using S4C as a way to follow StakeHunter pledge

[David Latapie]

That being said:

• Moving from 8.73-30 to 5-15, I don't see the point (it would encourage larger blocks, to stake faster, I fail to see the use of it). What did I miss?
• I believe that eliminating max age would actually help small miners since they would not have a 30-day countdown to stake (and it would also mean more blocks to stake). I understand this would increase difficulty, but I don't think that preventing such increase would do any difference for holders, since it is more difficult for everyone. If impatience is the issue, then HyperPool should lower the variance, like poolmining does for PoW. Plus, I never understood the rational behind max age

I hope it clarified things. Could you explain what is the reason for max age?

1) I meant extending the max age another 5-15 days. So opening the max up to be maybe 35-45 days.
2) This is detrimental to security of the network because an attack can be launched with a smaller amount of coins.

Also just a reminder that:
weight = block size * (days old - (1/6))

Thanks for the formula, I added it to the wiki

I understand better your max age extension. I'm not particularly a fan of extending (I used to be favourable of eliminating max age, but after a discussion on IRC with moneromoo I believe and now with your answer, I'm OK to not eliminate it). Extending max age, will just postpone the inevitable, send wrong message/confuse people and would set up a precedent about something I can't really justify.

Bottom-line: let's not touch a thing here.

[mtwelve]

IDK if its because of this, but volume is close to hitting $1k volume again, and up 23% ish today.

[billotronic]

Any OSX users would test this client out for me I would be very grateful

https://mega.co.nz/#!xg1x3I4Z!-LDzKQJtUKq5xKQQuqdXVSLsOoMZvrViHUntjyaT9q8

[David Latapie]

Ouch, I never noticed for S4C :/
I update https://bit.ly/hypsize. More complex and more accurate. An excerpt:

What is the best block size?

• Safe and simple: 1600
• Safe and optimized: 1622.222222
• Balanced: 3500
• If you care about not hitting the wall: 1622.222222 (extremely unlucky) - 5574.646811 (extremely lucky)
• Fast staking, no compromise: have only one block (probably huge waste of coins and not recommended because it strongly decreases network security)
• Fast staking, optimised: look for the biggest weight in the network and create blocks which will be slightly heavier at min age (you will still waste a noticeable reward, you expect to make up by coumpounding faster) - see below for weight calculation

[myagui]

Any OSX users would test this client out for me I would be very grateful

https://mega.co.nz/#!xg1x3I4Z!-LDzKQJtUKq5xKQQuqdXVSLsOoMZvrViHUntjyaT9q8

Hey Master Chef billotronic!
Working fine for me (OSX Yosemite 10.10.1).

[billotronic]

Good to hear... lookin like I have my issues sorted out so if I get a couple more results back I can make the changes to the github.

)*(!&@#*()&!@)(*&# OSX... there is a reason people charge to compile wallets for it! lol

[PestoQuinty]

So funny, my only 2.4k block staked a few minutes after maturation, but few other 10k blocks are 15+ days old...

[mtwelve]

Got some bad luck right now. Have 4/8 blocks that hit the 1k block wall, and other four are hitting it soon. Haven't been able to stake 6 days, time for a 24/7 staking setup.

[Hilux74]

I'd like to see some activity with user made themes.

I made this one more as a teaser for Bottlecaps [CAPs] to incorporate themes into its next wallet build but continue to use it for HYP.  (for the non-gamers, in the game Fallout the currency is CAPs)

 

I'm not very artistic so I'm sure many of you have made some far more excellent themes for HYP.  Lets see them!

[nioc]

I'm not very useful.  A rabbit theme would be nice   Lapain!!

[iantunc]

We'll all probably get away with it (staking small'ish blocks) for another month or so, but I'm guesstimating that soon enough, we'll stop worrying about hitting the cap, and start worrying about having enough size/weight to stake before reaching 30 days maturity.
Personally, my block sizes are anything between 2K ~ 4K at the moment, but by the end of the month I'll be aiming at 3K+ blocks.

I just realised this could prove bad for network security, since bigger blocks => less block => less security.

I'd like your input on this. Extending max age or removing it altogether (like Blackcoin was the first to do, I think) would alleviate this issue and would lead to ever-diminishing blocks (and would require a hard fork). Difficulty would rise exponentially.
OTOH, after a transition phase from small blocks to large blocks during which network security would be reduced, we would again gain network security because inflation would lead to more block. Security/Difficulty would increase smaller, though (the larger the blocks, the smaller the difficulty rise).

Opinions?

I have no math to back this, but my take is that it will make little difference to security. Large blocks will stake faster, small blocks will take longer, but the network will continue to adjust to meet the time per block specifications. I suspect we'll see wild swings in difficulty as people figure out the optimum (for them) method of staking, but that over time it will stabilize. I'm not fully versed in the difficulty adjustment specs for HyperStake, but I believe it readjusts with every block, so the security risk is minimal.

Here are fragments of code that calculates the target (main.cpp source file):

int64 nActualSpacing = pindexPrev->GetBlockTime() - pindexPrevPrev->GetBlockTime();
.......
    // ppcoin: target change every block
    // ppcoin: retarget with exponential moving toward target spacing
    CBigNum bnNew;
    bnNew.SetCompact(pindexPrev->nBits);
......
    int64 nInterval = nTargetTimespan / nTargetSpacing;
    bnNew *= ((nInterval - 1) * nTargetSpacing + nActualSpacing + nActualSpacing);
    bnNew /= ((nInterval + 1) * nTargetSpacing);
_______________

pindexPrev->nBits - the target of the previous block;
nTargetTimespan - 1 hour (3600 sec.), it is used as the max calculated spacing time;
nTargetSpacing - 90 sec.;
nActualSpacing - the time between the previous block and its predecessor;  

Retargeting is smooth as it is done in an exponential manner. The target is decreased/increased in a bigger proportion if the previous decreasing/increasing wasn't enough.

I haven't found any other conditions of the target adjustment in the code yet. Looks like it complies with original bitcoin specs.

[David Latapie]

Requests for statistics are growing. We do not have yet a location to host them (hyperstake.com would be the perfect match) but an introduction and a list is avaiable on the newly-created HyperStat page on the wiki.

[kingpin69]

I'd like to see some activity with user made themes.

I made this one more as a teaser for Bottlecaps [CAPs] to incorporate themes into its next wallet build but continue to use it for HYP.  (for the non-gamers, in the game Fallout the currency is CAPs)

 

I'm not very artistic so I'm sure many of you have made some far more excellent themes for HYP.  Lets see them!

awesome looking theme though!

Perhaps if someone could do a quick tutorial on which pieces of code you changed to tweak the template we could have a submission competition!