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

[Hilux74]

A funny and ironic quote from the Snowballs thread today (soon to be changing name to Sucksballs after its 45th fork and hitting 1sat on the exchanges  ) 

Also, HYP is shit and their 'dev' team is even shittier

[netmonk]

so block of 8k are useless ?

better to have 2k block ?

[mafort1469]

so block of 8k are useless ?

better to have 2k block ?

That is up to you on which way you want to go. Personally I have all my blocks at 15k now so they stake in about 15-19 days max. They always max out at 1k though. You can have smaller blocks but they will not stake quickly but might get you closer to the 1k mark without going over. My bet is on weight and minimal time for staking. Others have a different strategy and that is good since we are here to learn what works best. Hope this helps!

[presstab]

A funny and ironic quote from the Snowballs thread today (soon to be changing name to Sucksballs after its 45th fork and hitting 1sat on the exchanges  ) 

Also, HYP is shit and their 'dev' team is even shittier

The irony... 

[chilly2k]

so block of 8k are useless ?

better to have 2k block ?

That is up to you on which way you want to go. Personally I have all my blocks at 15k now so they stake in about 15-19 days max. They always max out at 1k though. You can have smaller blocks but they will not stake quickly but might get you closer to the 1k mark without going over. My bet is on weight and minimal time for staking. Others have a different strategy and that is good since we are here to learn what works best. Hope this helps!

I think your going to find the larger blocks are the winners.  I had several smaller blocks (1-2K) that were over 60 days old.  I finally bit the bullet and combined them.  Now I have a 2.5 and 3K blocks at 54 and 55 days. 

   Out of the 26 blocks I have 12 are > 30 days, and 24 are > 8.8.  The blocks are about 3-5K in size. 
3 months ago I was staking about once a day, maybe every other day.
now it's down to 1-3 times per week. 
   
   So coin inflation for myself, seems under control.  Now we just need a few uses for the coin and we'll be on our way... 

It is a fun coins thou...

[chilly2k]

A funny and ironic quote from the Snowballs thread today (soon to be changing name to Sucksballs after its 45th fork and hitting 1sat on the exchanges  ) 

Also, HYP is shit and their 'dev' team is even shittier

The irony... 

   That is funny.  They guy has no clue how his own code works, then trys to pass it off as, that's what I was planning.  Had the blockchain stall for 8-9 hours or longer, and just say oh well, it'll come back eventually.  And constantly says he doesn't want to add coin control to his coins, as an inflation hedge, when the fact is he doesn't know how to do it.  All he does it tweak the images, and the stake time/percentage, and declares he's the next great developer...   I have to bite my tongue every time I read that forum...

[netmonk]

It's not clear whom you are talking about

[Kushedout]

A funny and ironic quote from the Snowballs thread today (soon to be changing name to Sucksballs after its 45th fork and hitting 1sat on the exchanges  ) 

Also, HYP is shit and their 'dev' team is even shittier

The irony... 

Indeed, and here is proof https://bitcointalk.org/index.php?topic=997955.0

[kevin1234a]

i compiled wallet on raspberry pi by followng this http://hyperstake.wikia.com/wiki/How_to_build_for_Raspberry, now whenever i do following or anyother command to retrive info gets error.

pi@raspberrypi ~/cryptos/HyperStake/src $ ./hyperstaked help
error: couldn't connect to server

any advise

[Biomech]

i compiled wallet on raspberry pi by followng this http://hyperstake.wikia.com/wiki/How_to_build_for_Raspberry, now whenever i do following or anyother command to retrive info gets error.

pi@raspberrypi ~/cryptos/HyperStake/src $ ./hyperstaked help
error: couldn't connect to server

any advise

Most often that means the server isn't running. Make sure you have server=1 and daemon=1 in your HyperStake.conf file.

If that ain't it, I don't know. Anyone else?

I usually put hyperstaked in my /usr/local/bin  file so it's in the path, but that’s just for convenience

[presstab]

i compiled wallet on raspberry pi by followng this http://hyperstake.wikia.com/wiki/How_to_build_for_Raspberry, now whenever i do following or anyother command to retrive info gets error.

pi@raspberrypi ~/cryptos/HyperStake/src $ ./hyperstaked help
error: couldn't connect to server

any advise

Usually this happens during the initial loading of the daemon. Wait a few minutes and try it again.

[billotronic]

and you could do a simple

Code:

ps cax | grep hyperstaked

to make sure the daemon is running

[sneakgeekz]

   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.

this is a 2 month old inflation post from PressF1 focused on HBN/CAP he mentions HYP in the last paragraph.
https://bitcointalk.org/index.php?topic=241445.msg10020752#msg10020752

January 03, 2015, 10:09:03 AM
Reply with quote  #2872
Inflation update.
Let's take a look at the inflation over the last months of 2014. How does it develop and what can we expect?


"TEK and HYP
These coins are still quite far above the inflation levels of CAP and HBN. Tek is somewhere around 25% and Hyp even higher: over 40%. Eventually they will drop too so I will keep an open eye there as well.

I hope to provide everyone with updates concerning inflation in the coming year!"

[presstab]

I sent Pressf1 a PM requesting for an updated post, hopefully he will be able to follow through.

As for me, I am back from my Scandinavian travels and ready to get back in action   Looks like allejupa has gitian build commited, so I will be familiarizing myself with that and also continuing to work on getting my in wallet block explorer code up and happening. The explorer code is fully functional as is, but I will be adding rescan capabilities to it in the cases of reorgs and orphans, etc. And polishing up the edges.

Glad to be back

[five8andten]

i compiled wallet on raspberry pi by followng this http://hyperstake.wikia.com/wiki/How_to_build_for_Raspberry, now whenever i do following or anyother command to retrive info gets error.

pi@raspberrypi ~/cryptos/HyperStake/src $ ./hyperstaked help
error: couldn't connect to server

any advise

How long did it take you to do, start to finish?

[HYPster]

I sent Pressf1 a PM requesting for an updated post, hopefully he will be able to follow through.

As for me, I am back from my Scandinavian travels and ready to get back in action   Looks like allejupa has gitian build commited, so I will be familiarizing myself with that and also continuing to work on getting my in wallet block explorer code up and happening. The explorer code is fully functional as is, but I will be adding rescan capabilities to it in the cases of reorgs and orphans, etc. And polishing up the edges.

Glad to be back

Really?? Glad to be back? Doubt I would've come back. Glad you had fun Press!

[presstab]

A little taste of what I have been working on

It just took about five minutes to index all 270k blocks to my explorer code. The explorer.dat file weighs in at 140mb.


Top HyperStake minters:

Code:

07:14:10
exprichlist

07:14:10

exprichlist <sort by: balance/minted/mined><number of addresses to display>
example: 'exprichlist balance 30'

07:15:21
exprichlist minted 25

07:15:21
[
{
"Rank" : 1,
"Address" : "pRbwpBsgumVu2pUA4u2BajC9NU5HEQ7Xuq",
"Balance" : 5721298.89636600,
"Total Minted" : 5972078.00928800,
"Total Mined" : 0.00000000
},
{
"Rank" : 2,
"Address" : "p73uYHEB6eRC51HqB8Z6gU2xNRXyUtXByy",
"Balance" : 7946824.90832400,
"Total Minted" : 4549638.77296800,
"Total Mined" : 0.00000000
},
{
"Rank" : 3,
"Address" : "pM5CVBkTXUkbQmuyouHa267LM6Ro4SsAKo",
"Balance" : 4979080.02390900,
"Total Minted" : 4173752.17005000,
"Total Mined" : 0.00000000
},
{
"Rank" : 4,
"Address" : "pUJ3ezaz8RLoU41xGLovQQaWPmbY7gGhtc",
"Balance" : 4210996.30424300,
"Total Minted" : 4155531.61460000,
"Total Mined" : 0.00000000
},
{
"Rank" : 5,
"Address" : "pKUCgsyEx4Z2JMYFTQu4qfzvuNkn8UZqnV",
"Balance" : 3808354.56970700,
"Total Minted" : 3333149.53308000,
"Total Mined" : 0.00000000
},
{
"Rank" : 6,
"Address" : "pSCDj9QScyCCGwmHHo7WFra7ZDhk7iXUo4",
"Balance" : 3341997.03381900,
"Total Minted" : 3319794.60394800,
"Total Mined" : 0.00000000
},
{
"Rank" : 7,
"Address" : "pC4La3VhFDg1iBVEbDyRs4QLY6RxDnggVA",
"Balance" : 0.00000000,
"Total Minted" : 2995636.50502300,
"Total Mined" : 0.00000000
},
{
"Rank" : 8,
"Address" : "pEMnjpqo2c6Bnroh9KqxWnsJCZEMZ7LPwN",
"Balance" : 3107971.65364100,
"Total Minted" : 2916479.86861100,
"Total Mined" : 0.00000000
},
{
"Rank" : 9,
"Address" : "pLr2iAVd2po8iqbuSmGr4g3J7mi1p6j5Hi",
"Balance" : 1623530.62693900,
"Total Minted" : 2764756.10130500,
"Total Mined" : 0.00000000
},
{
"Rank" : 10,
"Address" : "pRsNCBZYPbs3FhQ5ZQPsnxuqdU8aF9UX7A",
"Balance" : 2418389.69156300,
"Total Minted" : 2275540.96511600,
"Total Mined" : 0.00000000
},
{
"Rank" : 11,
"Address" : "pDrF5118EMcjGKxs3yfow6fhkELyLoiC4u",
"Balance" : 3088171.07900600,
"Total Minted" : 2019691.73242600,
"Total Mined" : 0.00000000
},
{
"Rank" : 12,
"Address" : "pC2WAi6YmZ8XUtXtU9vLQ48cK9UMY3GNm4",
"Balance" : 2146795.05860600,
"Total Minted" : 1975547.95118400,
"Total Mined" : 0.00000000
},
{
"Rank" : 13,
"Address" : "pKVT8sDVFUCKJD8h3Y5jH36BAMcvhwYJR2",
"Balance" : 1304390.99482700,
"Total Minted" : 1733474.15100100,
"Total Mined" : 0.00000000
},
{
"Rank" : 14,
"Address" : "pN4YRuiif32py6GDf8qKS2ZA5wPQnSeoj4",
"Balance" : 1270467.94607700,
"Total Minted" : 1545133.55424400,
"Total Mined" : 0.00000000
},
{
"Rank" : 15,
"Address" : "p8qipDmKSL5qD4xAigCydxjdZGrfPJ7CAL",
"Balance" : 1491920.99592600,
"Total Minted" : 1477541.86216100,
"Total Mined" : 0.00000000
},
{
"Rank" : 16,
"Address" : "pMpeG1iTz2hoYFAtyN47HJw7W4pxSgjYQf",
"Balance" : 1286947.64262000,
"Total Minted" : 1364651.26625000,
"Total Mined" : 0.00000000
},
{
"Rank" : 17,
"Address" : "pJWsoef5LJHxpbN5GmLKmYSmVLhA55rXyM",
"Balance" : 0.00000000,
"Total Minted" : 1196351.45813100,
"Total Mined" : 0.00000000
},
{
"Rank" : 18,
"Address" : "pTHifs6KJjm2pQ1JW6GDULVFyXUwqfw1ih",
"Balance" : 0.00000000,
"Total Minted" : 1084051.65435800,
"Total Mined" : 0.00000000
},
{
"Rank" : 19,
"Address" : "pCRsPXMgAX96i55sUHksFkTFShRowQfs3k",
"Balance" : 1361589.59467200,
"Total Minted" : 1078632.08196100,
"Total Mined" : 0.00000000
},
{
"Rank" : 20,
"Address" : "pSyoAbkDYnDHwpi1HVUVW4VCTxzoUBXaAA",
"Balance" : 980439.04088700,
"Total Minted" : 1016348.33550900,
"Total Mined" : 0.00000000
},
{
"Rank" : 21,
"Address" : "pAf5xFz4ACiARpmkQkuohrM5cxwZFNmQH8",
"Balance" : 405059.39435900,
"Total Minted" : 989271.35500600,
"Total Mined" : 0.00000000
},
{
"Rank" : 22,
"Address" : "pNYgBEoRrYqYuEwnNLfHqymkD86Qr5qDcS",
"Balance" : 0.00000000,
"Total Minted" : 972775.32792000,
"Total Mined" : 0.00000000
},
{
"Rank" : 23,
"Address" : "pTFcVo9QNQUx4iKGS5VxG9nNdakHuZuCw4",
"Balance" : 1609036.13965500,
"Total Minted" : 933784.08886700,
"Total Mined" : 0.00000000
},
{
"Rank" : 24,
"Address" : "pERUsjFZ2QFhuDUk7r96qDRjTaSMDAHxzG",
"Balance" : 893360.89790700,
"Total Minted" : 929700.69136000,
"Total Mined" : 0.00000000
},
{
"Rank" : 25,
"Address" : "pGTH3Bue1etRDNyqFfujHCv5p9K3597LvS",
"Balance" : 1187725.15587300,
"Total Minted" : 886500.15032300,
"Total Mined" : 0.00000000
}
]

[billotronic]

wait, I thought you didn't know how to code? and was just a scammer? lol

Seriously,

how hard would it be to set it up so we can search our address for total stakes? I think that would be really fun to know... and to go further maybe by having a top 5 stakes under 1k like we did a few months back?

[presstab]

wait, I thought you didn't know how to code? and was just a scammer? lol

Seriously,

how hard would it be to set it up so we can search our address for total stakes? I think that would be really fun to know... and to go further maybe by having a top 5 stakes under 1k like we did a few months back?

Wouldn't be too hard at all. The way I set up the code, it scans the entire blockchain for all transactions and looks at each txid and figures out how much is deposited or withdrawn from each address in that txid, and stores the specific txid information per address. It then stores all of these transaction summaries basically in a map assigned to each address. Each summary includes a Minted and Mined entry. So it would be as easy as querying the specific address' records for any that are marked as minted and then sorting them however you want.

So basically what I am saying, is that the infrastructure to do that is already in place in my code, I just need to connect the dots and put it into an rpc call.

[locohammerhead]

I think it would be a nice feature to get a graphical interface showing coin minting.  Not necessarily useful for anything analytic wise but would be cool just to see.