StudyEconomics
Newbie
Offline
Activity: 49
Merit: 0
|
|
July 26, 2015, 03:26:34 PM |
|
Which exchange is best to get hyperstake?
|
|
|
|
|
Biomech
Legendary
Offline
Activity: 1372
Merit: 1022
Anarchy is not chaos.
|
|
July 26, 2015, 06:45:01 PM |
|
Hi everyone. I'm new to pos coins and especially to HYP. Just bought some coins to try. I read wiki where they say to split blocks 1622.222222 - 5574.646811 . Then I split my block. And i get this. 143.63 days? Is this real? Probably not, but bigger blocks happen a lot faster. In my recent experience, anything under about 10K block size is going to take a while. Not 143 days, mind you, but a lot longer than ~10. The "proper" block size has been THE raging debate with HYP since about an hour before it launched My opinion is 10K and faster compounding, but there are a number of strategies, and they all have valid reasons behind them. Maximizing your APR return calls for smaller blocks. Short term returns call for bigger blocks, but you WILL hit the cap. It's fun
|
|
|
|
kingpin69
Member
Offline
Activity: 100
Merit: 10
|
|
July 26, 2015, 07:21:08 PM |
|
Hi everyone. I'm new to pos coins and especially to HYP. Just bought some coins to try. I read wiki where they say to split blocks 1622.222222 - 5574.646811 . Then I split my block. And i get this. 143.63 days? Is this real? Probably not, but bigger blocks happen a lot faster. In my recent experience, anything under about 10K block size is going to take a while. Not 143 days, mind you, but a lot longer than ~10. The "proper" block size has been THE raging debate with HYP since about an hour before it launched My opinion is 10K and faster compounding, but there are a number of strategies, and they all have valid reasons behind them. Maximizing your APR return calls for smaller blocks. Short term returns call for bigger blocks, but you WILL hit the cap. It's fun I got my blocks at 5-7k and they seem to do ok if I keep the wallet open 24/7. I do have a sneaky 2k block at 112.89 days waiting to pop though! Excellent to see you talented people continuing the development on this coin and glad richie finally got round to adding it on trex keep up the great work press & co
|
|
|
|
iantunc
Sr. Member
Offline
Activity: 433
Merit: 250
We are the first to program your future (c)
|
|
July 27, 2015, 07:03:49 AM |
|
Which exchange is best to get hyperstake?
The one with the biggest volume is Cryptsy. But on T-Rex it's slightly cheaper.
|
|
|
|
|
iantunc
Sr. Member
Offline
Activity: 433
Merit: 250
We are the first to program your future (c)
|
|
July 27, 2015, 08:08:44 AM |
|
Hi everyone I'm new for HYP I have Question 1. Are my block going to stake when Days to stake (est) = 0 right? 2. Why Days to stake (est) increase ( I have to see lowest 19.8 days) 3. Do I must run wallet any time? (or most) 4. In pic. Can I get stake in any block ? thx for your help
Hi 1. No. It can stake in a few minutes or it can stake in a few months. This indicator is only for reference, a block will stake when the correct hash is found, i.e. when a block has been lucky to sign the coinstake transaction which gives you the reward. It can happen at any time. 2. The indicator takes into account the difficulty. When the diff rises, the expected time increases. 3. Yes, preferably. Blocks are hashed continuously when your wallet is open. But when is not, nothing happens. So the more time your wallet is open, the more chances to stake. 4. You will get stakes from all blocks, sooner or later. Just try to keep your wallet running.
|
|
|
|
Polarbear22
Newbie
Offline
Activity: 11
Merit: 0
|
|
July 27, 2015, 08:35:35 AM |
|
Hi everyone I'm new for HYP I have Question 1. Are my block going to stake when Days to stake (est) = 0 right? 2. Why Days to stake (est) increase ( I have to see lowest 19.8 days) 3. Do I must run wallet any time? (or most) 4. In pic. Can I get stake in any block ? thx for your help
Hi 1. No. It can stake in a few minutes or it can stake in a few months. This indicator is only for reference, a block will stake when the correct hash is found, i.e. when a block has been lucky to sign the coinstake transaction which gives you the reward. It can happen at any time. 2. The indicator takes into account the difficulty. When the diff rises, the expected time increases. 3. Yes, preferably. Blocks are hashed continuously when your wallet is open. But when is not, nothing happens. So the more time your wallet is open, the more chances to stake. 4. You will get stakes from all blocks, sooner or later. Just try to keep your wallet running. Thx a lot I must run wallet more as more posible I going to stake
|
|
|
|
MoneroMooo
Legendary
Offline
Activity: 1276
Merit: 1001
|
|
July 27, 2015, 10:18:17 AM |
|
It is also noteworthy that your estimated time to stake will not decrease when a block stays without staking after it has reached the max age (at which point weight stops accumulating), even if difficulty stays constant. This is because at T+dt. you know something you did not know beforehand: your block has not staked between T and T+dt.
A much easier way to "get" this is to think about the likelihood of getting tails on a coin flip. Before you start, the estimated time to tails is... I dunno, about 2 or 3 flips ? However, imagine flipping the coin and you get heads. And again. You have already flipped twice, without tails. The new estimated time to tails is still the same as it was originally, you're not any closer despite already doing some work (flips, or attempts to stake in the case of HYP), because the flips are independent. The staking hashes are "close enough" to independent here, and behave in a simular way.
|
|
|
|
iantunc
Sr. Member
Offline
Activity: 433
Merit: 250
We are the first to program your future (c)
|
|
July 27, 2015, 01:07:46 PM Last edit: July 27, 2015, 07:20:59 PM by iantunc |
|
It is also noteworthy that your estimated time to stake will not decrease when a block stays without staking after it has reached the max age (at which point weight stops accumulating), even if difficulty stays constant. This is because at T+dt. you know something you did not know beforehand: your block has not staked between T and T+dt.
A much easier way to "get" this is to think about the likelihood of getting tails on a coin flip. Before you start, the estimated time to tails is... I dunno, about 2 or 3 flips ? However, imagine flipping the coin and you get heads. And again. You have already flipped twice, without tails. The new estimated time to tails is still the same as it was originally, you're not any closer despite already doing some work (flips, or attempts to stake in the case of HYP), because the flips are independent. The staking hashes are "close enough" to independent here, and behave in a simular way.
Yes, flips are independent if you look on them discretely. From this point of view it's logical that the estimated time shouldn't change. But in the same moment we have a sequence that aligns with the probability theory. Binomial distribution calculator says that there is a probability of 3.2% to get only heads in 5 flips, and 0.097% to get only heads in 10 flips, though it's still possible (the deviation will be more than 3 sigma of a normal distribution if we will approximate the binomial distribution to it). In our case a sequence begins when a block has matured and started to stake, but surely it implies an uninterrupted process for estimations to be more or less informative. UPD: No, lets say that a sequence begins when a block has reached the max age.
|
|
|
|
|
presstab (OP)
Legendary
Offline
Activity: 1330
Merit: 1000
Blockchain Developer
|
|
July 27, 2015, 09:51:40 PM |
|
Thanks Joe, added to the OP.
|
|
|
|
presstab (OP)
Legendary
Offline
Activity: 1330
Merit: 1000
Blockchain Developer
|
|
July 27, 2015, 10:04:14 PM |
|
I would like to steer the conversation towards fork talk if I could. I want to first off make it absolutely clear that in my opinion, HyperStake could stay in the same state forever and be a perfectly fine coin that works well and stakes well as it does now. But it might also be a bit of fun to add something new, and also put it on a more sustainable long term path. I would like to propose 3 things for consideration of the community, and ask for well reasoned feedback. 1 - Increase block time. My primary reasoning for this is the growth of the blockchain size over time and the resources it takes to run the chain and to sync it from scratch. The smaller the chain the better. As you all know I have taken over RateCoin and forked it to be something I found to be sustainable and attractive long term. I forked the block target from the very ugly 30 second target to 3 minute. This puts XRA at 480 blocks per day. But that also means only 480 stakes per day network wide. I could see something like this working for HYP, but I would lean towards perhaps 2-2:30 minute blocks, which would yield 575-720 blocks per day instead of the current 960 per day. One thing to keep in mind is that although we want high difficulty, we want new comers to have a reasonable experience staking HYP. 2 - Increase the maximum stake age (really the max age that weight grows larger) to allow smaller inputs to have greater opportunity to stake. I don't have a hard number in my head for what is the best max age, but I do think we need a max age. I think there is room to double the current maximum from 32 up to 64, and maybe even up to 100. Lots of old outputs laying around wanting to stake. This also lets a patient small holder have a greater opportunity to stake without buying a large sum. 3 - A bonus weight advantage and stake reward for compounded blocks. If the block was created via coinstake not via transaction, then I propose to give an additional stake weight to it (maybe 5-10% extra) and an increased reward (maybe 1100 HYP instead of 1000 max). This would encourage compound staking, but would also discourage resizing your outputs ("blocks") too often. I would need to do quite a bit of testnetting with this feature, but I think it could prove unique and fun. Any thoughts?
|
|
|
|
fragilefungi
|
|
July 27, 2015, 10:23:31 PM |
|
I am worried that lowering the block time on HYP could just make small holders get even less stakes. Increasing the max stake age is a good idea. I like 90 days because a small block like 1550 HYP is estimated to take 90 days to stake.
I really like the compounding idea. It will reward small blocks that have a lower probability to stake. It will also encourage smaller holders to stake what they stake instead of taking profits.
|
XMG tips: 9HTdqWpuJpTx51dpskb6XASXPg2GLkD2jL Best small coin exchange is cryptopia! Sign up and trade!
|
|
|
HORT
|
|
July 28, 2015, 02:30:21 AM |
|
I would like to steer the conversation towards fork talk if I could. I want to first off make it absolutely clear that in my opinion, HyperStake could stay in the same state forever and be a perfectly fine coin that works well and stakes well as it does now. But it might also be a bit of fun to add something new, and also put it on a more sustainable long term path. I would like to propose 3 things for consideration of the community, and ask for well reasoned feedback. 1 - Increase block time. My primary reasoning for this is the growth of the blockchain size over time and the resources it takes to run the chain and to sync it from scratch. The smaller the chain the better. As you all know I have taken over RateCoin and forked it to be something I found to be sustainable and attractive long term. I forked the block target from the very ugly 30 second target to 3 minute. This puts XRA at 480 blocks per day. But that also means only 480 stakes per day network wide. I could see something like this working for HYP, but I would lean towards perhaps 2-2:30 minute blocks, which would yield 575-720 blocks per day instead of the current 960 per day. One thing to keep in mind is that although we want high difficulty, we want new comers to have a reasonable experience staking HYP. 2 - Increase the maximum stake age (really the max age that weight grows larger) to allow smaller inputs to have greater opportunity to stake. I don't have a hard number in my head for what is the best max age, but I do think we need a max age. I think there is room to double the current maximum from 32 up to 64, and maybe even up to 100. Lots of old outputs laying around wanting to stake. This also lets a patient small holder have a greater opportunity to stake without buying a large sum. 3 - A bonus weight advantage and stake reward for compounded blocks. If the block was created via coinstake not via transaction, then I propose to give an additional stake weight to it (maybe 5-10% extra) and an increased reward (maybe 1100 HYP instead of 1000 max). This would encourage compound staking, but would also discourage resizing your outputs ("blocks") too often. I would need to do quite a bit of testnetting with this feature, but I think it could prove unique and fun. Any thoughts? 1. 2 minutes 2. 75 days 3. Increased reward depends on block size or make it a straight percentage. Just my thoughts.
|
|
|
|
Hilux74
Legendary
Offline
Activity: 912
Merit: 1000
|
|
July 28, 2015, 02:58:18 AM |
|
I would like to steer the conversation towards fork talk if I could. I want to first off make it absolutely clear that in my opinion, HyperStake could stay in the same state forever and be a perfectly fine coin that works well and stakes well as it does now. But it might also be a bit of fun to add something new, and also put it on a more sustainable long term path. I would like to propose 3 things for consideration of the community, and ask for well reasoned feedback. 1 - Increase block time. My primary reasoning for this is the growth of the blockchain size over time and the resources it takes to run the chain and to sync it from scratch. The smaller the chain the better. As you all know I have taken over RateCoin and forked it to be something I found to be sustainable and attractive long term. I forked the block target from the very ugly 30 second target to 3 minute. This puts XRA at 480 blocks per day. But that also means only 480 stakes per day network wide. I could see something like this working for HYP, but I would lean towards perhaps 2-2:30 minute blocks, which would yield 575-720 blocks per day instead of the current 960 per day. One thing to keep in mind is that although we want high difficulty, we want new comers to have a reasonable experience staking HYP. 2 - Increase the maximum stake age (really the max age that weight grows larger) to allow smaller inputs to have greater opportunity to stake. I don't have a hard number in my head for what is the best max age, but I do think we need a max age. I think there is room to double the current maximum from 32 up to 64, and maybe even up to 100. Lots of old outputs laying around wanting to stake. This also lets a patient small holder have a greater opportunity to stake without buying a large sum. 3 - A bonus weight advantage and stake reward for compounded blocks. If the block was created via coinstake not via transaction, then I propose to give an additional stake weight to it (maybe 5-10% extra) and an increased reward (maybe 1100 HYP instead of 1000 max). This would encourage compound staking, but would also discourage resizing your outputs ("blocks") too often. I would need to do quite a bit of testnetting with this feature, but I think it could prove unique and fun. Any thoughts? 1 - I would leave it as is. I think the current 90 seconds (960 stakes/day) is a good balance between transaction speed/usability, stake reward chances, and blockchain bloat. If bloat is going to be a big issue at 90 seconds it will be the same issue but just at the next intersection for 120seconds. There is ample time to discover solution to bloat...think what bandwidth and storage media were like 10 years ago...10 years down the road I'll bet Office2025 uses 8,979,187,987,197,861,897,618,761 GB of Protein Drive space. 2 - My vote is 90 days. 3 - That is a cool and unique idea and adds another interesting layer of strategy. It definitely promotes holding. I like it. I saw on Cryptsy chat by one user that claimed they like to stake > sell to drive price down > and try and buy more lower...while they were probably full of beans like most people on chat with phony boasting to impress the ladies , I would love a feature like this that gives extra negative reinforcement to that kind of thinking and rewards long term holding.
|
|
|
|
Biomech
Legendary
Offline
Activity: 1372
Merit: 1022
Anarchy is not chaos.
|
|
July 28, 2015, 03:31:58 AM |
|
I would like to steer the conversation towards fork talk if I could. I want to first off make it absolutely clear that in my opinion, HyperStake could stay in the same state forever and be a perfectly fine coin that works well and stakes well as it does now. But it might also be a bit of fun to add something new, and also put it on a more sustainable long term path. I would like to propose 3 things for consideration of the community, and ask for well reasoned feedback. 1 - Increase block time. My primary reasoning for this is the growth of the blockchain size over time and the resources it takes to run the chain and to sync it from scratch. The smaller the chain the better. As you all know I have taken over RateCoin and forked it to be something I found to be sustainable and attractive long term. I forked the block target from the very ugly 30 second target to 3 minute. This puts XRA at 480 blocks per day. But that also means only 480 stakes per day network wide. I could see something like this working for HYP, but I would lean towards perhaps 2-2:30 minute blocks, which would yield 575-720 blocks per day instead of the current 960 per day. One thing to keep in mind is that although we want high difficulty, we want new comers to have a reasonable experience staking HYP. 2 - Increase the maximum stake age (really the max age that weight grows larger) to allow smaller inputs to have greater opportunity to stake. I don't have a hard number in my head for what is the best max age, but I do think we need a max age. I think there is room to double the current maximum from 32 up to 64, and maybe even up to 100. Lots of old outputs laying around wanting to stake. This also lets a patient small holder have a greater opportunity to stake without buying a large sum. 3 - A bonus weight advantage and stake reward for compounded blocks. If the block was created via coinstake not via transaction, then I propose to give an additional stake weight to it (maybe 5-10% extra) and an increased reward (maybe 1100 HYP instead of 1000 max). This would encourage compound staking, but would also discourage resizing your outputs ("blocks") too often. I would need to do quite a bit of testnetting with this feature, but I think it could prove unique and fun. Any thoughts? These are preliminary thoughts, so don't treat them with too much weight yet My kneejerk reaction to number one is pretty strongly opposed. Can't articulate why at the moment, other than problems I had with GMC when we changed the block time. But that was a miscoded piece of discarded rat turds, and your code is always tight. So for now I am just going to say it's a reaction that I need to think out before I have any sort of opinion that makes sense. Number two, I'm fully in favor of that. Double it, I think, and a lot of smaller holders will love you. That is a well thought out opinion, actually. I've thought (and said) that it should be longer almost since the beginning of the project. It would encourage smaller blocks. Three sounds awesome. I need to think about it, but my kneejerk reaction is as strong in favor as it was against the first one
|
|
|
|
JudgeHyper
Newbie
Offline
Activity: 7
Merit: 0
|
|
July 28, 2015, 03:33:10 AM |
|
I would like to steer the conversation towards fork talk if I could. I want to first off make it absolutely clear that in my opinion, HyperStake could stay in the same state forever and be a perfectly fine coin that works well and stakes well as it does now. But it might also be a bit of fun to add something new, and also put it on a more sustainable long term path. I would like to propose 3 things for consideration of the community, and ask for well reasoned feedback. 1 - Increase block time. My primary reasoning for this is the growth of the blockchain size over time and the resources it takes to run the chain and to sync it from scratch. The smaller the chain the better. As you all know I have taken over RateCoin and forked it to be something I found to be sustainable and attractive long term. I forked the block target from the very ugly 30 second target to 3 minute. This puts XRA at 480 blocks per day. But that also means only 480 stakes per day network wide. I could see something like this working for HYP, but I would lean towards perhaps 2-2:30 minute blocks, which would yield 575-720 blocks per day instead of the current 960 per day. One thing to keep in mind is that although we want high difficulty, we want new comers to have a reasonable experience staking HYP. 2 - Increase the maximum stake age (really the max age that weight grows larger) to allow smaller inputs to have greater opportunity to stake. I don't have a hard number in my head for what is the best max age, but I do think we need a max age. I think there is room to double the current maximum from 32 up to 64, and maybe even up to 100. Lots of old outputs laying around wanting to stake. This also lets a patient small holder have a greater opportunity to stake without buying a large sum. 3 - A bonus weight advantage and stake reward for compounded blocks. If the block was created via coinstake not via transaction, then I propose to give an additional stake weight to it (maybe 5-10% extra) and an increased reward (maybe 1100 HYP instead of 1000 max). This would encourage compound staking, but would also discourage resizing your outputs ("blocks") too often. I would need to do quite a bit of testnetting with this feature, but I think it could prove unique and fun. Any thoughts? 1- no 2- 45 days max. If you make the it bigger than that, 60-90+ people will just make 1000 blocks and wait 1-2 months and they will double their coins. extra 15 days should be more than enough. I have been staking for 3-4 months and I have never had a block older than 50 days. The extra 15 days will make sure you get enough weight to stake faster. You do not want spammers in the network with small blocks. There would be no reason to make bigger blocks anymore and optimize your blocks if maximum stake age is increased too much. 3- no
|
|
|
|
qiwoman2
Legendary
Offline
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
|
|
July 28, 2015, 03:54:58 AM |
|
If I entered the HYPERSTAKE market again now to hold and stake is it a good time to buy in now and just hold over the long term? I really like the long term vision of the DEVS with their coins so am thinking to slowly grow this coin in a wallet again. Just hope I am not too late that is to enter again here.
|
|
|
|
cyberpinoy
|
|
July 28, 2015, 05:31:35 AM Last edit: July 28, 2015, 05:45:43 AM by cyberpinoy |
|
Fork it Baby, I like it all 2 to 3 minute block time definitely +1, increased stake age +1+1+1, Bonus weight advantage +1+1+1+1+1+1
|
|
|
|
|