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

[ethought]

Hyperstake has now been added to the CoinWallet.co online wallet, POS pool service and Twitter tipping service.

https://www.coinwallet.co

Running since 2013.

POS Pool fee: 2%
Wallet withdrawal fee: 0.5%
Twitter tipping fee: 0%
Email payment / transfer fee: 0%

As always use online wallets with caution and store the majority of your coins in cold storage or a secure / encrypted wallet on your computer.

Coinwallet.co serves as an easy to use and accessible wallet that you can access with just an internet connection.

[clf99]

one the overview page of my wallet it says
125195.083756 hyp
num transcations 46
and it shows 5 recent staking transactions

on the transactions page it shows in the upper right, 90928.872449

why are they different?

on the send->coin control page it shows 38441.818523

when i hover over some of the staked transactions on the main page and see the 'original UTXO' size,
i cannot find those blocks in the 'coin control' page.  where are they?

it seems like all these totals should agree.

[iantunc]

one the overview page of my wallet it says
125195.083756 hyp
num transcations 46
and it shows 5 recent staking transactions

on the transactions page it shows in the upper right, 90928.872449

why are they different?

on the send->coin control page it shows 38441.818523

when i hover over some of the staked transactions on the main page and see the 'original UTXO' size,
i cannot find those blocks in the 'coin control' page.  where are they?

it seems like all these totals should agree.

I won't scan the code now (presstab please correct me if I'm wrong), but, as far as I can see, the Overview tab shows your real balance, while the Transactions tab shows the number which corresponds to the result of the combination of this sorting parameters if you select 'All/All' in the upper left: (All transactions/Received with + All transactions/Minted (including orphans)) - All transactions/Sent to.

Coin control will show your entire balance if you select all of your blocks by pressing 'Clear selection' button.

When your block stakes, it absorbs minted coins and either splits into two equal parts ((original block size + stake) / 2) or just merges with the stake (depending on the stake split threshold setup parameter). There are few entries in the wiki regarding block splitting mechanics. Please read here and here.

To see the detailed description of the original block in the blockchain explorer you should right click on the stake transaction, select 'Show transaction in the block browser' (you can also click 'Copy Tx ID' item instead), copy the selected transaction ID and paste it into the block explorer transaction search form. In the 'Input 0' field you'll find the transaction ID (Input Source) which will lead you to the original block (output/one of the outputs).

[clf99]

that pretty much explains everything.  now i get it.  things seem to match up.  thank you.

[iantunc]

that pretty much explains everything.  now i get it.  things seem to match up.  thank you.

ur welcome

[clf99]

what is the philosophical point to having all these blocks and needing to understand the best block sizes for the best staking rates etc.?

it seems like an unnecessary level of complexity in the system for no reason.

[presstab]

what is the philosophical point to having all these blocks and needing to understand the best block sizes for the best staking rates etc.?

it seems like an unnecessary level of complexity in the system for no reason.

Essentially it makes the PoS hash rate higher, the difficulty higher, and thus a more secure network. The reason for an individual to care is so that they can get the highest return on their coin via staking.

[Brob12321]

what is the philosophical point to having all these blocks and needing to understand the best block sizes for the best staking rates etc.?

it seems like an unnecessary level of complexity in the system for no reason.

I believe he may be suggesting that just a flat stake rate would be easier for the people, as they wouldn't need to figure out the right block size and how long it should take, etc.  But a flat stake rate means staking is very easy and inflation would likely skyrocket because of how easy it would be stake the max rate.

[presstab]

what is the philosophical point to having all these blocks and needing to understand the best block sizes for the best staking rates etc.?

it seems like an unnecessary level of complexity in the system for no reason.

I believe he may be suggesting that just a flat stake rate would be easier for the people, as they wouldn't need to figure out the right block size and how long it should take, etc.  But a flat stake rate means staking is very easy and inflation would likely skyrocket because of how easy it would be stake the max rate.

Exactly. And there are plenty of flat stake rate coins out there to choose from. HYP is different in that it is much more secure than a lot of those coins, and that the inflation is in check (although still extremely generous).

[billotronic]

what is the philosophical point to having all these blocks and needing to understand the best block sizes for the best staking rates etc.?

it seems like an unnecessary level of complexity in the system for no reason.

I believe he may be suggesting that just a flat stake rate would be easier for the people, as they wouldn't need to figure out the right block size and how long it should take, etc.  But a flat stake rate means staking is very easy and inflation would likely skyrocket because of how easy it would be stake the max rate.

Exactly. And there are plenty of flat stake rate coins out there to choose from. HYP is different in that it is much more secure than a lot of those coins, and that the inflation is in check (although still extremely generous).

Well it was, damn thing is working to well in that its a real pain in the ass to stake any more. damn you presstab and your wonderful design.

[dac10]

Hi, can someone help me? I no longer syncs wallet, stopped stake. Thanks!

[CryptoCEO]

Can someone explain to me how is this coin different than the other POS coin?

what makes it better ?

[iantunc]

Hi, can someone help me? I no longer syncs wallet, stopped stake. Thanks!

Try to add some nodes. The list of nodes can be found here:
http://www.presstab.pw/phpexplorer/HYP/nodes.php
http://coinofview.com/crowdfunding/coin/HyperStake.html

It's better to ping the IPs first.

[iantunc]

Can someone explain to me how is this coin different than the other POS coin?

what makes it better ?

Well, actually it's not exactly a PoS coin, its consensus mechanism sometimes is called PoWS (Proof-of-Working-Stake). A user is not just collecting a reward once in a month (open the wallet - stake - close for another month), for example. They use their balance to actively stake making their wallets behave similar to PoW miners (by utilizing the weight in a proper way, that's what the concept of block sizes is all about). Which pushes up the difficulty dozens of times higher. On the other hand, the same approach that makes PoWS work (a flat reward or, in case of HyperStake, the max subsidy) also controls inflation. HyperStake is one of the pioneers of the PoWS world, it's like a technical standard in this field.

[JudgeDredd_]

Suggestion:

Blocks over 60 days should receive a stake bonus (250-500HYP/// Could be any number, this is just an example) and the bonus increase over a month to month basis.

So lets say a block is 60 days, it would receive the normal 1000 stake+ (250-500), if the block is 90days +, it gets 1000 +(250-500) + (250-500) .
and so on, so for every additional months after 60 days you get an additional bonus stake reward.

[presstab]

Suggestion:

Blocks over 60 days should receive a stake bonus (250-500HYP/// Could be any number, this is just an example) and the bonus increase over a month to month basis.

So lets say a block is 60 days, it would receive the normal 1000 stake+ (250-500), if the block is 90days +, it gets 1000 +(250-500) + (250-500) .
and so on, so for every additional months after 60 days you get an additional bonus stake reward.

If I remember correctly 2 months or so ago you were against making any changes, whats changed?

[JudgeDredd_]

Suggestion:

Blocks over 60 days should receive a stake bonus (250-500HYP/// Could be any number, this is just an example) and the bonus increase over a month to month basis.

So lets say a block is 60 days, it would receive the normal 1000 stake+ (250-500), if the block is 90days +, it gets 1000 +(250-500) + (250-500) .
and so on, so for every additional months after 60 days you get an additional bonus stake reward.

If I remember correctly 2 months or so ago you were against making any changes, whats changed?

I wasn't against a change, I disagreed with the changes you were proposing.

This is a different proposal.

[presstab]

Suggestion:

Blocks over 60 days should receive a stake bonus (250-500HYP/// Could be any number, this is just an example) and the bonus increase over a month to month basis.

So lets say a block is 60 days, it would receive the normal 1000 stake+ (250-500), if the block is 90days +, it gets 1000 +(250-500) + (250-500) .
and so on, so for every additional months after 60 days you get an additional bonus stake reward.

If I remember correctly 2 months or so ago you were against making any changes, whats changed?

I wasn't against a change, I disagreed with the changes you were proposing.

This is a different proposal.

I don't know if I would be on board with anything that would add more supply inflation, but I do think I could be convinced to add something that is inflation neutral or even a reduction. But depends on what everyone else would think about it too.

[iantunc]

Suggestion:

Blocks over 60 days should receive a stake bonus (250-500HYP/// Could be any number, this is just an example) and the bonus increase over a month to month basis.

So lets say a block is 60 days, it would receive the normal 1000 stake+ (250-500), if the block is 90days +, it gets 1000 +(250-500) + (250-500) .
and so on, so for every additional months after 60 days you get an additional bonus stake reward.

It can lead to uncontrolled inflation. If now the bigger number of small blocks has a downside of the longer staking time and thus the smaller APR for each block, then with a bonus it won't be the case. And one day we can see millions of HYP staked in 24 hours.

[JudgeDredd_]

Suggestion:

Blocks over 60 days should receive a stake bonus (250-500HYP/// Could be any number, this is just an example) and the bonus increase over a month to month basis.

So lets say a block is 60 days, it would receive the normal 1000 stake+ (250-500), if the block is 90days +, it gets 1000 +(250-500) + (250-500) .
and so on, so for every additional months after 60 days you get an additional bonus stake reward.

It can lead to uncontrolled inflation. If now the bigger number of small blocks has a downside of the longer staking time and thus the smaller APR for each block, then with a bonus it won't be the case. And one day we can see millions of HYP staked in 24 hours.

I understand what you mean, but the bonus could start at even 4-6 months and only 50 coins bonus for not breaking the block for very long time.

We can also go in reducing the rate.