Chyton
|
|
February 20, 2016, 01:20:18 PM |
|
Can someone explain "staking" like i'm 5 , and what's the best block size?? PS: I've read about staking and still i cant really understand the basic idea
|
|
|
|
iantunc
Sr. Member
Offline
Activity: 433
Merit: 250
We are the first to program your future (c)
|
|
February 20, 2016, 02:48:17 PM Last edit: February 20, 2016, 05:05:33 PM by iantunc |
|
Can someone explain "staking" like i'm 5 , and what's the best block size?? PS: I've read about staking and still i cant really understand the basic idea
Let's imagine that your neighbour asked you to help him to clean out algae in his pond. You buy a special kind of fish, HYPostomus plecostomus, and put it in the pond. After some time your neighbour gets a clean pond and you get fish offsprings you can sell along with their parents to someone else for a profit. A clean pond is the network security, and HYPostomus plecostomus offsprings are the stakes. And your neighbour is a PoS coin.
|
|
|
|
billotronic
Legendary
Offline
Activity: 1610
Merit: 1000
Crackpot Idealist
|
|
February 20, 2016, 03:22:43 PM |
|
Can someone explain "staking" like i'm 5 , and what's the best block size?? PS: I've read about staking and still i cant really understand the basic idea
Lets imagine that your neighbour asked you to help him to clean out algae in his pond. You buy a special kind of fish, Hypostomus plecostomus, and put it in the pond. After some time your neighbour gets a clean pond and you get fish offsprings you can sell along with their parents to someone else for a profit. A clean pond is the network security, and Hypostomus plecostomus offsprings are the stakes. And your neighbour is a PoS coin. Holy shit ian that is the best analogy I've read yet!
|
|
|
|
iantunc
Sr. Member
Offline
Activity: 433
Merit: 250
We are the first to program your future (c)
|
|
February 20, 2016, 03:24:48 PM |
|
Can someone explain "staking" like i'm 5 , and what's the best block size?? PS: I've read about staking and still i cant really understand the basic idea
Lets imagine that your neighbour asked you to help him to clean out algae in his pond. You buy a special kind of fish, Hypostomus plecostomus, and put it in the pond. After some time your neighbour gets a clean pond and you get fish offsprings you can sell along with their parents to someone else for a profit. A clean pond is the network security, and Hypostomus plecostomus offsprings are the stakes. And your neighbour is a PoS coin. Holy shit ian that is the best analogy I've read yet! Thanx
|
|
|
|
bitmaster1x
Legendary
Offline
Activity: 1288
Merit: 1000
CRYPTO-CITY.COM 🌟 Communities
|
|
February 20, 2016, 05:15:30 PM |
|
Never quite heard of a POS analogy in such a way. lol
|
|
|
|
Brob12321
|
|
February 20, 2016, 05:57:37 PM |
|
I would say the easiest way to understand it is as a dividend payment on a stock. The min stake time is the time it takes to get the interest and the stake rate is the interest rate (usually annually).
|
|
|
|
Chyton
|
|
February 21, 2016, 04:06:36 AM |
|
Can someone explain "staking" like i'm 5 , and what's the best block size?? PS: I've read about staking and still i cant really understand the basic idea
Lets imagine that your neighbour asked you to help him to clean out algae in his pond. You buy a special kind of fish, Hypostomus plecostomus, and put it in the pond. After some time your neighbour gets a clean pond and you get fish offsprings you can sell along with their parents to someone else for a profit. A clean pond is the network security, and Hypostomus plecostomus offsprings are the stakes. And your neighbour is a PoS coin. Holy shit ian that is the best analogy I've read yet! Thanx Okay thanks, and what's the recommended HYP block size? is 7000 too much?
|
|
|
|
dac10
|
|
February 21, 2016, 11:32:03 AM Last edit: February 21, 2016, 12:08:25 PM by dac10 |
|
Open your wallet, go to Debug -> Console and type in the command line: addnode 23.88.59.245 addDon't close the wallet for at least half a day. You can always use an online staking wallet. Yet there is no syncs, but do not understand why my wallet is gone down, I 304k Hyp, and I recevied in 1k for stakes.
|
|
|
|
billotronic
Legendary
Offline
Activity: 1610
Merit: 1000
Crackpot Idealist
|
|
February 21, 2016, 01:21:09 PM |
|
Can you upload the entire log? Go to Start -> Run (or press WinKey+R) and run this:
|
|
|
|
iantunc
Sr. Member
Offline
Activity: 433
Merit: 250
We are the first to program your future (c)
|
|
February 21, 2016, 01:28:19 PM Last edit: February 21, 2016, 02:02:39 PM by iantunc |
|
Can someone explain "staking" like i'm 5 , and what's the best block size?? PS: I've read about staking and still i cant really understand the basic idea
Lets imagine that your neighbour asked you to help him to clean out algae in his pond. You buy a special kind of fish, Hypostomus plecostomus, and put it in the pond. After some time your neighbour gets a clean pond and you get fish offsprings you can sell along with their parents to someone else for a profit. A clean pond is the network security, and Hypostomus plecostomus offsprings are the stakes. And your neighbour is a PoS coin. Holy shit ian that is the best analogy I've read yet! Thanx Okay thanks, and what's the recommended HYP block size? is 7000 too much? It depends on your balance and your patience. If you are planning a long-term investment, then it's better to use smaller blocks (1000-3000 HYP), because the average return can be slightly bigger due to some peculiarities of the staking formula. But you'll need to wait up to few months until the first stake if your balance is small (which means you have a small number of blocks). Too small blocks can cause a big dispersion, i.e. you will get stakes irregularly even if you have a big number of blocks (but your average return will be still slightly bigger than system-wide median), which can be quite upsetting. But if you want an almost immediate return, even 7000 is too small now.
|
|
|
|
Blawpaw
Legendary
Offline
Activity: 1596
Merit: 1027
|
|
February 21, 2016, 01:32:38 PM |
|
This is one of my preferred cryptos. It is one of the best you can buy to stacke. As a PoS cryptocurrency it has a big stacking percentage that really makes it a good investment.
|
|
|
|
dac10
|
|
February 21, 2016, 02:26:25 PM Last edit: February 21, 2016, 02:41:51 PM by dac10 |
|
This seems a scamers!
loq97 Le novità di attività: 0 Fiducia : 0 : -0 / + 0 * disconnesso disconnesso
Vedi profilo Messaggio privato (offline) HYP « Inviato a: dac10 il: 19 febbraio 2016, 06:24:49» Rispondi citandoQuota rispondereRispondi Rimuovere questo messaggioElimina !!! ATTENZIONE: Questo utente è un principiante . Se vi aspettate un messaggio da un utente più veterano, allora questo è un impostore !!! amico, voglio solo verificare che hai fatto le cose semplici giuste. 1) controllare l'orologio del PC per essere in perfetta sincronia con il tempo del mondo. 2) Assicurarsi che si è aggiunto questo al vostro hyperstake.conf il file si trova proprio nel vostro portafoglio cartella dati applausi Zio
Relazione a admin loq97 Le novità di attività: 0 Fiducia : 0 : -0 / + 0 * disconnesso disconnesso
Vedi profilo Messaggio privato (offline) HYP « Inviato a: dac10 il: Oggi alle 01:44:19» Rispondi citandoQuota rispondereRispondi Rimuovere questo messaggioElimina !!! ATTENZIONE: Questo utente è un principiante . Se vi aspettate un messaggio da un utente più veterano, allora questo è un impostore !!! spegnere il sanguinoso Norton o che cosa avete per firewall / AntiVir, e riprovare HYP, Norton è ben noto per essere un rompicoglioni. Zio
I know even apologize, but if you have an idea you do not write PM, then told him to be careful because you are a beginner, bla,bla...
|
|
|
|
dac10
|
|
February 21, 2016, 02:31:57 PM |
|
My idea is to save my wallet.dat is then reinstall HYP again.
|
|
|
|
iantunc
Sr. Member
Offline
Activity: 433
Merit: 250
We are the first to program your future (c)
|
|
February 21, 2016, 08:09:45 PM |
|
Norton è ben noto per essere un rompicoglioni. Zio
I know even apologize, but if you have an idea you do not write PM, then told him to be careful because you are a beginner, bla,bla...
This guy can be right. I've got a PM from him. He is not a scammer, he just wants to help (though you still should be alerted and not modify your wallet files without an advice). It seems that you have had some problems with Norton before? Try to install the wallet on a system with no blocking software.
|
|
|
|
dac10
|
|
February 21, 2016, 09:03:21 PM |
|
Yes,I have Norton, but the problem certainly and another. I closed Norton, but always out of syncs. I did also Bot strap, eliminated blk0001 and blkindex, but nothing. However it must be an explanation.
|
|
|
|
iantunc
Sr. Member
Offline
Activity: 433
Merit: 250
We are the first to program your future (c)
|
|
February 21, 2016, 09:16:03 PM Last edit: February 22, 2016, 08:05:56 AM by iantunc |
|
Yes,I have Norton, but the problem surley and another. I closed Norton, but always out of syncs. I did also Bot strap, eliminated blk0001 and blkindex, but nothing. However it must be an explanation.
Please upload to a file sharing site your entire debug.log file and post the link here. Then do all the steps from my previous post (#5796). If you don't follow my advices, I'll stop supporting.
|
|
|
|
dac10
|
|
February 21, 2016, 10:23:36 PM |
|
Yes,I have Norton, but the problem surley and another. I closed Norton, but always out of syncs. I did also Bot strap, eliminated blk0001 and blkindex, but nothing. However it must be an explanation.
Please upload to a file sharing site your entire debug.log file and post the link here. Then do all the steps from my previous post (#5796). If you won't follow my advices, I'll stop supporting. Please man and thanks! http://pastebin.com/eLWnuAQB
|
|
|
|
JudgeDredd_
|
|
February 21, 2016, 10:41:14 PM |
|
Yes,I have Norton, but the problem surley and another. I closed Norton, but always out of syncs. I did also Bot strap, eliminated blk0001 and blkindex, but nothing. However it must be an explanation.
Please upload to a file sharing site your entire debug.log file and post the link here. Then do all the steps from my previous post (#5796). If you won't follow my advices, I'll stop supporting. Please man and thanks! http://pastebin.com/eLWnuAQBRun the wallet under administrator. If that do not work. Disable all your AV/Firewall for a test to see if that is the problem.
|
|
|
|
iantunc
Sr. Member
Offline
Activity: 433
Merit: 250
We are the first to program your future (c)
|
|
February 21, 2016, 11:15:45 PM Last edit: February 22, 2016, 06:42:55 AM by iantunc |
|
Yes,I have Norton, but the problem surley and another. I closed Norton, but always out of syncs. I did also Bot strap, eliminated blk0001 and blkindex, but nothing. However it must be an explanation.
Please upload to a file sharing site your entire debug.log file and post the link here. Then do all the steps from my previous post (#5796). If you won't follow my advices, I'll stop supporting. Please man and thanks! http://pastebin.com/eLWnuAQBYes, for now try to reinstall the wallet (the latest version, v1.1.2) and disable (temporarily) all firewalls/antiviruses. If you can, try another system, for example, on VM (virtual machine) or VPS (virtual private server).
|
|
|
|
presstab (OP)
Legendary
Offline
Activity: 1330
Merit: 1000
Blockchain Developer
|
|
February 21, 2016, 11:21:56 PM |
|
Worked on a few technical items today: - Adding the blockhash to each header so that the wallet does not need to rehash the blocks on startup each time (this makes for a quicker startup). The only downside is that this requires a resync of the chain - I beleive I have fixed one of the most annoying problems that HYP has had over its entire life span. The tendency to jump out of the bootstrap... I was able to modify some code to have it handle this problem, and successfully bootstrapped from block 0 to 500k+ without having to restart the wallet or do anything special. - I also modified some of the GUI code to refresh less. This makes a big difference for big wallets with lots of blocks that in the past have been calculating things like their stake weight every 5 seconds. There is really no reason to check stake weight that often (for the GUI at least).
Hope to have some of this stuff better tested over the next few days.
|
|
|
|
|