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

[presstab]

beta wallet testers, please redownload the exe/rebuild from latest commit.

https://github.com/hyperstake/HyperStake/releases/tag/v1.0.9.3

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[David Latapie]

Are any HyperStake assets and divident distribution system?

Yes, just by staking, you receive a very large dividend.
For every 10K HYP you buy, you receive 10% every 12 days on average

(I make it very simple, guy, don't shout at me)

[Beoga]

Are any HyperStake assets and divident distribution system?

Yes, just by staking, you receive a very large dividend.
For every 10K HYP you buy, you receive 10% every 12 days on average

(I make it very simple, guy, don't shout at me)

I mean a little different thing. Assets that earn money change it to HyperStake and distribute it to HyperStake's asset shareholders.
If there are no such assets I think it should to be issued. Because it can stabilise price HS.

To much technical ideas here (it is not bad) but practically isn't financial ones.

[kprell40]

Hello

  Got a quick question on the Hyperstake Pool - First of its Kind PoS Pool

   It been over a week since a new pool been setup , and I  see  HYP coins have been sent to the HyperPool  address.
   Just like to know how often are the pool are set up. I did sent a message on the Official Hyperstake Staking Pool forum . but it's been quiet on the forum
  we need more participant sends  HYP to the pool. I do not want to see the Hyperstake Pool - First of its Kind PoS Pool  to go down do to lack of interest ...

  https://bitcointalk.org/index.php?topic=834599.0

  kprell40

[Youghoor]

Are any HyperStake assets and divident distribution system?

Yes, just by staking, you receive a very large dividend.
For every 10K HYP you buy, you receive 10% every 12 days on average

(I make it very simple, guy, don't shout at me)

10% is good amount while staking.

[mafort1469]

Yes if you have your block size at 10k then 1k in about 12-14 days now. Depends on diff level.

[David Latapie]

Are any HyperStake assets and divident distribution system?

Yes, just by staking, you receive a very large dividend.
For every 10K HYP you buy, you receive 10% every 12 days on average

(I make it very simple, guy, don't shout at me)

I mean a little different thing. Assets that earn money change it to HyperStake and distribute it to HyperStake's asset shareholders.
If there are no such assets I think it should to be issued. Because it can stabilise price HS.

To much technical ideas here (it is not bad) but practically isn't financial ones.

Looks interesting, tell us more. You may be exactly why we need, a financial guy

[natmccoy]

Yes if you have your block size at 10k then 1k in about 12-14 days now. Depends on diff level.

Oh good, I was concerned that I was hurting myself by not downloading the fancy new wallets, but that's about the rate I'm getting with v1.0.6

[LiteBit]

Are any HyperStake assets and divident distribution system?

Yes, just by staking, you receive a very large dividend.
For every 10K HYP you buy, you receive 10% every 12 days on average

(I make it very simple, guy, don't shout at me)

I mean a little different thing. Assets that earn money change it to HyperStake and distribute it to HyperStake's asset shareholders.
If there are no such assets I think it should to be issued. Because it can stabilise price HS.

To much technical ideas here (it is not bad) but practically isn't financial ones.

Looks interesting, tell us more. You may be exactly why we need, a financial guy

I had thought about creating a HYP ETF in the ClearingHouse platform a while ago. The values are both roughly 200 satoshi per and with the XCH platform you can issue dividends. It seemed like a cool way to get folks earning staking rewards by owning tokens of the ETF, instead of running a node.

Unfortunately issuing dividends is blocked in my country with XCH and I haven't revisited it with XCP or XDP.

[presstab]

I am creating an immediate hard fork that will be rolled out tonight if all testing goes well.

The new staking code has shown a major vulnerability in PoS coins that allow a considerable amount of time drift. Looking at the charts, difficulty has been driven into the ground, while block minting has increased. This should never happen. What we have figured out is that our blockchain rules are not strict enough.  We will reign in timedrift from 15 minutes to one minute, allowing very minimal future hashing.

The economics of the coin will be left untouched.

I will release a new windows binary soon and source to pull from once we are done fully testing the fork code

[billotronic]

avast ye scurvy scallywags... prepare to be forked!

(can you believe scallywags is in spell check?)

[rfcdejong]

I am creating an immediate hard fork that will be rolled out tonight if all testing goes well.

The new staking code has shown a major vulnerability in PoS coins that allow a considerable amount of time drift. Looking at the charts, difficulty has been driven into the ground, while block minting has increased. This should never happen. What we have figured out is that our blockchain rules are not strict enough.  We will reign in timedrift from 15 minutes to one minute, allowing very minimal future hashing.

The economics of the coin will be left untouched.

I will release a new windows binary soon and source to pull from once we are done fully testing the fork code

Going to bed, but will update in 8 hours if i don't forget, else i might miss out some nice stakes

[myagui]

avast ye scurvy scallywags... prepare to be forked!

(can you believe scallywags is in spell check?)

I'm afraid to even google it.
What the *bleep* are scallywags?

[presstab]

I recommend that everyone make a backup of their data directory now. This way if you were to miss the fork and couldnt get the wallet to auto reorganize, then you could start from the backup.

[iantunc]

Presstab, could you describe in two words, pls, the bug in PoS you have discovered, for those who's out of topic, in a non-tech way? To let them have an understanding of what is going on behind the scenes.

[nioc]

I recommend that everyone make a backup of their data directory now. This way if you were to miss the fork and couldnt get the wallet to auto reorganize, then you could start from the backup.

Would you please tell this idiot which of the 10 things in my HyperStake folder is the data directory as nothing is labeled with that name.  Maybe the database?

Windows 8.1

While I'm at it, I backed up my wallet back in October.  Is this something I should do on a regular basis?

[David Latapie]

I recommend that everyone make a backup of their data directory now. This way if you were to miss the fork and couldnt get the wallet to auto reorganize, then you could start from the backup.

Would you please tell this idiot which of the 10 things in my HyperStake folder is the data directory as nothing is labeled with that name.  Maybe the database?

Windows 8.1

While I'm at it, I backed up my wallet back in October.  Is this something I should do on a regular basis?

The folder in .appdata

[nioc]

I recommend that everyone make a backup of their data directory now. This way if you were to miss the fork and couldnt get the wallet to auto reorganize, then you could start from the backup.

Would you please tell this idiot which of the 10 things in my HyperStake folder is the data directory as nothing is labeled with that name.  Maybe the database?

Windows 8.1

While I'm at it, I backed up my wallet back in October.  Is this something I should do on a regular basis?

The folder in .appdata

Nothing with .appdata

The following are in my HyperStake folder with most obviously not it but included for completeness.

Me>AppData>Roaming>HyperStake

database
themes
.lock
blk0001.dat
blkindex.dat
db
debug
HyperStake-qt
peers.dat
wallet.dat

[dreamwatcher]

Is there seriously going to be a true hard-fork with a few hours notice? If so, you are looking at a major train wreck.

Have the services that use/support  Hyperstake been notified? I know I haven't, I only noticed it because it popped up in my reply post list.

Exchanges, explorers, gambling, etc etc?? All these services need time to get setup even after they are notified.

How many users are going to end up on a forked chain because they didn't happen to come to a forum where it has been announced in the last few hours?

I was hoping that this was really going to be a soft fork until I saw this in the code currently in github:

Code:

 if (pfrom->nVersion < 72099)
{
printf("partner %s using an old client %d, disconnecting\n", pfrom->addr.ToString().c_str(), pfrom->nVersion);
pfrom->fDisconnect = true;

I hope it is for testing purposes, and you are not intending to truly block out version 72000 from the new client (In  other words a true hard fork) in the next few hours or even days.

This has to be a misunderstanding on my part. When is the hard-fork actually going to be enforced?

[mafort1469]

I recommend that everyone make a backup of their data directory now. This way if you were to miss the fork and couldnt get the wallet to auto reorganize, then you could start from the backup.

Would you please tell this idiot which of the 10 things in my HyperStake folder is the data directory as nothing is labeled with that name.  Maybe the database?

Windows 8.1

While I'm at it, I backed up my wallet back in October.  Is this something I should do on a regular basis?

The folder in .appdata

Nothing with .appdata

The following are in my HyperStake folder with most obviously not it but included for completeness.

Me>AppData>Roaming>HyperStake

database
themes
.lock
blk0001.dat
blkindex.dat
db
debug
HyperStake-qt
peers.dat
wallet.dat

You answered your own question "Me>AppData>Roaming>HyperStake"

Just save the whole Hyperstake folder in roaming somewhere else and name it something else. This will be your backup.