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

[pwpwpw]

just a quick question, 8.8 age passed, unlocked for PoS, it showed in the task bar that staking has begun but near the connections icon it says not minting, is that a gui mistake or it's really not staking ?

Restart your wallet.

Now it started, weird, I wonder why it didn't before, I added new nodes before I unlocked now, instantly found like 10 nodes, before that it was struggling to find a few, maybe it was that.

[iantunc]

just a quick question, 8.8 age passed, unlocked for PoS, it showed in the task bar that staking has begun but near the connections icon it says not minting, is that a gui mistake or it's really not staking ?

Restart your wallet.

Now it started, weird, I wonder why it didn't before, I added new nodes before I unlocked now, instantly found like 10 nodes, before that it was struggling to find a few, maybe it was that.

It would be great if you could attach a screenshot along with the bug report, it can really help to investigate the issue. Probably, you were doing something wrong. Also, try to follow the latest announcements of the dev, some of the concerns can be covered here.

There appears to be a bug in the wallet that will not activate staking after 8.8 days unless you restart your wallet after the coins have matured.

I am working on fixing this faulty logic for the upcoming wallet release and apologize for the inconvenience.

[pwpwpw]

There was no error message, simply I opened the wallet (maybe I opened it at 8.7 age and unlocked at 8.8 and that caused the problem ?), unlocked, on the bottom right it said with a warning label that it started staking but the icon in between the connections and whether wallet is encrypted/locked or not, simply said not minting. Now I have several inputs, some have age 9, some have only 7, the rest sub 3. I wonder, will I have to close and open wallet when the 7 turns to 8.8, and the 3 as well ? Or once it gets a reward and it ages again to maturity, how can you check if it's actually staking all inputs and not just a few ? I will screenshot any bug from now on but there's not much to SS without an error message. Maybe the debug helps more ?

[presstab]

There was no error message, simply I opened the wallet (maybe I opened it at 8.7 age and unlocked at 8.8 and that caused the problem ?), unlocked, on the bottom right it said with a warning label that it started staking but the icon in between the connections and whether wallet is encrypted/locked or not, simply said not minting. Now I have several inputs, some have age 9, some have only 7, the rest sub 3. I wonder, will I have to close and open wallet when the 7 turns to 8.8, and the 3 as well ? Or once it gets a reward and it ages again to maturity, how can you check if it's actually staking all inputs and not just a few ? I will screenshot any bug from now on but there's not much to SS without an error message. Maybe the debug helps more ?

No you only need to restart it if none of your inputs were over the age of 8.8. You hsould be fine now. Make sure the wallet is unlocked for staking, and that you are connected to peers.

[freebitcoins4u]

why the price jumped for 7 sat to 70 sat? and how can the price be stable with a huge pos rates and high coin circulated?

thanks.

[iantunc]

why the price jumped for 7 sat to 70 sat? and how can the price be stable with a huge pos rates and high coin circulated?

thanks.

The price jumped from 1 sat in march to 130 sat in june because of a new wave of investors' attention and lack of supply.
Those who were farseeing enough to buy millions at 1 sat aren't in a hurry to sell (and new holders are building up their balance for continuous staking). The price can be stable because of the same factors plus trading activity. When there is liquidity on both buy and sell sides, support and resistance are in effect. The PoS rate in the case of HyperStake isn't different from daily mining rewards of any PoW coin as it is fixed to the maximum of 1000 HYP per block.

[bitmaster1x]

why the price jumped for 7 sat to 70 sat? and how can the price be stable with a huge pos rates and high coin circulated?

thanks.

Actually, it jumped from 1 to 300 and stabilizing at around 70 in the last few months. The answer is simple. Real products, strong community development and the foresight of a long term vision.

[freebitcoins4u]

why the price jumped for 7 sat to 70 sat? and how can the price be stable with a huge pos rates and high coin circulated?

thanks.

The price jumped from 1 sat in march to 130 sat in june because of a new wave of investors' attention and lack of supply.
Those who were farseeing enough to buy millions at 1 sat aren't in a hurry to sell (and new holders are building up their balance for continuous staking). The price can be stable because of the same factors plus trading activity. When there is liquidity on both buy and sell sides, support and resistance are in effect. The PoS rate in the case of HyperStake isn't different from daily mining rewards of any PoW coin as it is fixed to the maximum of 1000 HYP per block.

thanks for the answer.
and how 1,000 HYP per block result 750% a year? if you put 20,000 HYP in a Block and get 1000 HYP in return its 5% every 8.8 days (lets round it to 9 days), so in a year 365/9*5%= 202%

[riskthebiscuit]

Hey all, been reading up on this coin for a few days now and really like what I am seeing. Can not wait to be a part of the community and join in on my first POS coin! I think this coin has some major potential behind it, lets unleash it !

[foroplus]

why the price jumped for 7 sat to 70 sat? and how can the price be stable with a huge pos rates and high coin circulated?

thanks.

The price jumped from 1 sat in march to 130 sat in june because of a new wave of investors' attention and lack of supply.
Those who were farseeing enough to buy millions at 1 sat aren't in a hurry to sell (and new holders are building up their balance for continuous staking). The price can be stable because of the same factors plus trading activity. When there is liquidity on both buy and sell sides, support and resistance are in effect. The PoS rate in the case of HyperStake isn't different from daily mining rewards of any PoW coin as it is fixed to the maximum of 1000 HYP per block.

thanks for the answer.
and how 1,000 HYP per block result 750% a year? if you put 20,000 HYP in a Block and get 1000 HYP in return its 5% every 8.8 days (lets round it to 9 days), so in a year 365/9*5%= 202%

Why have you done the math with a 20,000 block?. What about a 15,000, or a 10,000 block.?
In fact is much more complex than this. There are more limitations like only 1000 blocks are awarded per day, inflation control measures, etc.
I recommend you to read through the thread because the coin is very interesting. In fact, I think it was devised as an experiment.

[pwpwpw]

I guess he calculated with 20k because that's what people recommend here and you can't calculate a stake reward every 9 days with 20k blocks, I don't think you can average that even with 100k blocks. The 750% is the maximum you can get with 1 stake but as the block explorer shows, the annual average is about 150%.

[presstab]

why the price jumped for 7 sat to 70 sat? and how can the price be stable with a huge pos rates and high coin circulated?

thanks.

The price jumped from 1 sat in march to 130 sat in june because of a new wave of investors' attention and lack of supply.
Those who were farseeing enough to buy millions at 1 sat aren't in a hurry to sell (and new holders are building up their balance for continuous staking). The price can be stable because of the same factors plus trading activity. When there is liquidity on both buy and sell sides, support and resistance are in effect. The PoS rate in the case of HyperStake isn't different from daily mining rewards of any PoW coin as it is fixed to the maximum of 1000 HYP per block.

thanks for the answer.
and how 1,000 HYP per block result 750% a year? if you put 20,000 HYP in a Block and get 1000 HYP in return its 5% every 8.8 days (lets round it to 9 days), so in a year 365/9*5%= 202%

Why have you done the math with a 20,000 block?. What about a 15,000, or a 10,000 block.?
In fact is much more complex than this. There are more limitations like only 1000 blocks are awarded per day, inflation control measures, etc.
I recommend you to read through the thread because the coin is very interesting. In fact, I think it was devised as an experiment.

I am working on refactoring the wallet calculator to suggest a good output size based on network statistics. It takes the last 1,000 blocks and finds the median weight. It then takes the amount you entered that you would like to split and sizes the blocks to be as close to the median weight as they can on day 15.



Feedback/suggestions?

[pwpwpw]

I don't get something, so in the block explorer http://www.presstab.pw/phpexplorer/HYP/index.php there's a Stake weight spent. This means, how much weight each stake input had at the moment of reward, right ? Because if it means that, it looks like the vast majority of rewards are well below the average link, aprox at 100k weight or below. 20k blocks are at about 200k weight once they are matured, so isn't that a waste ? If it is, then a block of 5k or a bit less should be better. Or am I miscalculating something here ?

[presstab]

On my example code in I forgot to account for the max weight @ 30 days.

New calculations are closer to this:

[presstab]

I don't get something, so in the block explorer http://www.presstab.pw/phpexplorer/HYP/index.php there's a Stake weight spent. This means, how much weight each stake input had at the moment of reward, right ? Because if it means that, it looks like the vast majority of rewards are well below the average link, aprox at 100k weight or below. 20k blocks are at about 200k weight once they are matured, so isn't that a waste ? If it is, then a block of 5k or a bit less should be better. Or am I miscalculating something here ?

The block explorer is using the precise definition of weight. Which is way to complicated to explain and analyze by hand:

Code:

nTimeWeight = min((int64)nTimePassed, (int64)nStakeMaxAge) - nStakeMinAge;
nWeight = nValueIn / COIN * nTimeWeight;

Maybe I will adjust that code and remove the

Code:

-nStakeMinAge

element. So then it will be more consistent.

[iantunc]

I don't get something, so in the block explorer http://www.presstab.pw/phpexplorer/HYP/index.php there's a Stake weight spent. This means, how much weight each stake input had at the moment of reward, right ? Because if it means that, it looks like the vast majority of rewards are well below the average link, aprox at 100k weight or below. 20k blocks are at about 200k weight once they are matured, so isn't that a waste ? If it is, then a block of 5k or a bit less should be better. Or am I miscalculating something here ?

It is a small waste in terms of the return in general, but it is a benefit in terms of psychological comfort. The less weight you will have at the day X (max age), the longer you will wait, and this will level off your APR. If you are a new holder, you can simply give up after n number of days. Smaller blocks are better, but only if you have hundreds of them to give them the space of variance, otherwise you can see your first stake in a year or so.

[cedlemercier]

Super, I win today my first reward 1000 hyperstake !!  
My block of 20K is divided by 2, do I have to redo 1 block of 20K?

[foroplus]

Super, I win today my first reward 1000 hyperstake !!  
My block of 20K is divided by 2, do I have to redo 1 block of 20K?

No. You haven't.
I would set setstakesplitthreshold to 20000 if you haven't done so far., which has the same effect you've just got. When a block hits 20K, it will split into to blocks which will begin to stage again and again gaining 1000 coins each time until they hit 20k and the process will start again. Obviously, with time, you'll have more and more blocks.

I have indeed this setstakesplitthreshold set to 20k with 64 blocks and works fine.

You can check your current stakesplitthreshold within the console with "getstakesplitthreshold".

I think that in case a block has reached the "max-age" possible, it won't break apart, but maybe someone can confirm this.

[R2-D2R2]

how you stake this coin?

[pwpwpw]

how you stake this coin?

Just download client, send coins to yourself, encrypt, Tools - Unlock Wallet for PoS, like any other coin