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

[Battareus]

Hi presstab, thanks for helping to CON dev, and HYP we trust.

[mafort1469]

mmm hmmm

You guys are making excellent points here. HYPster and Hilux74, I will take both of those comments into consideration and let you know whether I can put the code together to make it work

Thanks Presstab.  If you need to prioritize I think the mmm has more tangible benefits to improve staking cpu efficiency than the hmmm 

Sorry, but I have to disagree. I think uh huh is truly the most beneficial one so it should be done first. Thanks.

[billotronic]

mmm hmmm

You guys are making excellent points here. HYPster and Hilux74, I will take both of those comments into consideration and let you know whether I can put the code together to make it work

Thanks Presstab.  If you need to prioritize I think the mmm has more tangible benefits to improve staking cpu efficiency than the hmmm 

Sorry, but I have to disagree. I think uh huh is truly the most beneficial one so it should be done first. Thanks.

and the source needs to be closed. don't want everyone and their brother stealin it

[iantunc]

Well, it's time for a brief report on my work on the project. I have finally become a member of the HYPlionaires club, and now I'm waiting for a certain goal to start some small targeted PPC campaigns. I'll create few landing pages for each target group (merchants, mining enthusiasts, investors) with a concise pitch depicting the technology and it's benefits. Everyone is welcomed to do the same, even simple targeted impressions are good.

I'm deeply in game development now, particularly for mobile platforms, and I feel like it will be a heavy use of HYP)

[LiteBit]

Well, it's time for a brief report on my work on the project. I have finally become a member of the HYPlionaires club, and now I'm waiting for a certain goal to start some small targeted PPC campaigns. I'll create few landing pages for each target group (merchants, mining enthusiasts, investors) with a concise pitch depicting the technology and it's benefits. Everyone is welcomed to do the same, even simple targeted impressions are good.

I'm deeply in game development now, particularly for mobile platforms, and I feel like it will be a heavy use of HYP)

Awesome! Welcome to the club!

[eprocent]

What is the optimal size of a block to staking in 9 days?

[kingpin69]

What is the optimal size of a block to staking in 9 days?

completely depends on if diff keeps rising. I would be surprised if anyone is consistently staking anywhere close to 9 days. I have a range of blocks between 5k and 10k and the average stake time seems to be around 15-17days. There is the odd one that gets lucky and stakes around 10 days and a few that are just stuck like a block of 12k at 30+ days.

[billotronic]

What is the optimal size of a block to staking in 9 days?

completely depends on if diff keeps rising. I would be surprised if anyone is consistently staking anywhere close to 9 days. I have a range of blocks between 5k and 10k and the average stake time seems to be around 15-17days. There is the odd one that gets lucky and stakes around 10 days and a few that are just stuck like a block of 12k at 30+ days.

agreed.

I have blocks from 2k to 7k and just hope for the best

[billotronic]

to add to this I just had a block of 2691 stake in 11.36 days ffs

[iantunc]

I had some experiments with dust staking (a week ago), and I can say that I got few occasions of stakes from blocks of 65-100 HYP (dust cleaning mechanism merged them together to get 200-300 HYP) in just few days of hashing (blocks were on their full weight).

[eprocent]

Ok. Thanks

[crypto_chellie]

combined most blocks from 7k - 10k & still taking some time to stake.  Currently at 18+ days on most blocks.

[chilly2k]

   Definitely tough to stake.  But that is actually a good thing for inflation control. 

[Kushedout]

   Definitely tough to stake.  But that is actually a good thing for inflation control. 

Definitely doesn't feel like 750%, more like 10%  . With the given rise in diff, plus the inflation controls in-place, it has become much harder to stake.
*knocks on wood* so far, this coin has been a very successful experiment. 
Presstab did a fine job by adding nice features to automate most of the tasks involved with block maintenance,
but I believe that those who actively maintain their blocks are rewarded with higher stakes at faster pace.

[Hilux74]

   Definitely tough to stake.  But that is actually a good thing for inflation control. 

Definitely doesn't feel like 750%, more like 10%  . With the given rise in diff, plus the inflation controls in-place, it has become much harder to stake.
*knocks on wood* so far, this coin has been a very successful experiment. 
Presstab did a fine job by adding nice features to automate most of the tasks involved with block maintenance,
but I believe that those who actively maintain their blocks are rewarded with higher stakes at faster pace.

Inflation control working quite well.  Who was it that was releasing the monthly inflation stats on the various quality high pos coins?. I'm curious what things look like these days.

Based on my spreadsheet I am currently getting about 11%/20 days with block sizes 4-8k.

[ofeefee]

  Definitely tough to stake.  But that is actually a good thing for inflation control.  

Definitely doesn't feel like 750%, more like 10%  . With the given rise in diff, plus the inflation controls in-place, it has become much harder to stake.
*knocks on wood* so far, this coin has been a very successful experiment.  
Presstab did a fine job by adding nice features to automate most of the tasks involved with block maintenance,
but I believe that those who actively maintain their blocks are rewarded with higher stakes at faster pace.

Inflation control working quite well.  Who was it that was releasing the monthly inflation stats on the various quality high pos coins?. I'm curious what things look like these days.

Based on my spreadsheet I am currently getting about 11%/20 days with block sizes 4-8k.

  Definitely tough to stake.  But that is actually a good thing for inflation control.  

Definitely doesn't feel like 750%, more like 10%  . With the given rise in diff, plus the inflation controls in-place, it has become much harder to stake.
*knocks on wood* so far, this coin has been a very successful experiment.  
Presstab did a fine job by adding nice features to automate most of the tasks involved with block maintenance,
but I believe that those who actively maintain their blocks are rewarded with higher stakes at faster pace.

I would like to see this too, would be interesting.  Sounds like a neat idea for a tool, inflation calculator, that pulls the data from the blockchain.

[billotronic]

   Definitely tough to stake.  But that is actually a good thing for inflation control. 

Definitely doesn't feel like 750%, more like 10%  . With the given rise in diff, plus the inflation controls in-place, it has become much harder to stake.
*knocks on wood* so far, this coin has been a very successful experiment. 
Presstab did a fine job by adding nice features to automate most of the tasks involved with block maintenance,
but I believe that those who actively maintain their blocks are rewarded with higher stakes at faster pace.

Inflation control working quite well.  Who was it that was releasing the monthly inflation stats on the various quality high pos coins?. I'm curious what things look like these days.

Based on my spreadsheet I am currently getting about 11%/20 days with block sizes 4-8k.

that was crazyloaf I think

[Hilux74]

   Definitely tough to stake.  But that is actually a good thing for inflation control. 

Definitely doesn't feel like 750%, more like 10%  . With the given rise in diff, plus the inflation controls in-place, it has become much harder to stake.
*knocks on wood* so far, this coin has been a very successful experiment. 
Presstab did a fine job by adding nice features to automate most of the tasks involved with block maintenance,
but I believe that those who actively maintain their blocks are rewarded with higher stakes at faster pace.

Inflation control working quite well.  Who was it that was releasing the monthly inflation stats on the various quality high pos coins?. I'm curious what things look like these days.

Based on my spreadsheet I am currently getting about 11%/20 days with block sizes 4-8k.

that was crazyloaf I think

Possibly but I don't have in my head that Crazyloaf contributed anything of use, maybe it was PressF1?  I have been searching the HYP CAP and HBN threads but can't find the posts I am looking for.

However in the HYP thread I did find some interesting posts from Presstab re inflation control that includes a chart that illustrates daily inflation if ceiling hit each day (which I believe is the case these days). 

I also got a kick from the prediction that we would never hit the 960,000K daily ceiling and that the response to increasing staking difficulty would be SMALLER blocks to not hit the 1000cap.     Seems the opposite strategy of larger blocks that sacrifice % for time has been the winner...with the same inflation control result.

There is a maximum reward of 1,000 HYP per stake. Difficulty targets 1 block/stake per 90 seconds, this translates to 960 blocks/stake per day.  This difficulty targets it quite well, as of this moment the last 960 blocks is 1.01 days. If there are 960 blocks in one day, this means that if everyone stakes the maximum amount in one day, it will be 960k HYP added per day.  That is what we call "max generation" around here.

It is most likely that we never will hit a full 960k in one day, because everyone will size down there coin blocks so that they won't hit the 1k limit.  As time goes on, the coin supply grows larger, yet the max reward stays the same.  This means that overtime the coin supply grows less % everyday after we approach the max generation.

In the last day we have added about 610k HYP, about 63% of the maximum generation.

So the entire inflation control mechanism is based around time (long term), and a constant (max reward) becoming less and less compared to a variable (coin supply).

If we suppose that everyday from now on that max generation will occur (again this is unlikely, we are only 63% there so far), this is what the schedule of daily inflation rate will look like over the next two years.

It is most likely that we never will hit a full 960k in one day, because everyone will size down there coin blocks so that they won't hit the 1k limit....  

What does this mean?
Should I resize my blocks BEFORE they hit 1000?

Just that people will create block of smaller and smaller size as time goes by. Earlier in the game, you could have blocksize of 4200 with no much risk of hitting the limit. Now, even 3600 hits the limit and 3300 is not safe anymore. Personally, I use 2400 but one day, even 2400 will be too high.
This also means more and more blocks - because there is more coins and also because there is a bigger difficulty, which encourages to create more blocks of smaller size (rather that less blocks of bigger size). The network is even more secure! See my long post about this, inflation control and network security.

[presstab]

Possibly but I don't have in my head that Crazyloaf contributed anything of use, maybe it was PressF1?  I have been searching the HYP CAP and HBN threads but can't find the posts I am looking for.

However in the HYP thread I did find some interesting posts from Presstab re inflation control that includes a chart that illustrates daily inflation if ceiling hit each day (which I believe is the case these days). 

I also got a kick from the prediction that we would never hit the 960,000K daily ceiling and that the response to increasing staking difficulty would be SMALLER blocks to not hit the 1000cap.     Seems the opposite strategy of larger blocks that sacrifice % for time has been the winner...with the same inflation control result.

LOL trying to embarrass me while I am out of town  

I seem to remember it as being pressf1 too, i think he is mostly a bottlecaps guy?? don't remember. Definitely not crazyloaf.

[Hilux74]

Possibly but I don't have in my head that Crazyloaf contributed anything of use, maybe it was PressF1?  I have been searching the HYP CAP and HBN threads but can't find the posts I am looking for.

However in the HYP thread I did find some interesting posts from Presstab re inflation control that includes a chart that illustrates daily inflation if ceiling hit each day (which I believe is the case these days). 

I also got a kick from the prediction that we would never hit the 960,000K daily ceiling and that the response to increasing staking difficulty would be SMALLER blocks to not hit the 1000cap.     Seems the opposite strategy of larger blocks that sacrifice % for time has been the winner...with the same inflation control result.

LOL trying to embarrass me while I am out of town  

I seem to remember it as being pressf1 too, i think he is mostly a bottlecaps guy?? don't remember. Definitely not crazyloaf.

Haha not trying to embarrass you...just interesting to see how things can work out quite differently than planned and still be just fine.  (And now I have 70's motivational poster images in my head...)