sonubatthis101
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August 13, 2014, 07:50:15 PM |
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question
do i need to open my wallet for the coin to stake?
Minimum Age - 9 days
it says minimum age 9 days? so for 9 days my pc has to be online? please explain to a nub
Minimum Age - 9 days, this means that as soon as you put the coins are in your wallet they will NOT stake until 9 days later. For best results make in to blocks of 1600. The wallet must be open to stake another example Proof of Stake: - Starts at block: 3000 - Min. Age: 24 hours. - Max. Age: 48 days. - Interest: 3% my wallet should be open for 24hrs?
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Dexpla
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August 13, 2014, 07:53:08 PM |
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question
do i need to open my wallet for the coin to stake?
Minimum Age - 9 days
it says minimum age 9 days? so for 9 days my pc has to be online? please explain to a nub
Minimum Age - 9 days, this means that as soon as you put the coins are in your wallet they will NOT stake until 9 days later. For best results make in to blocks of 1600. The wallet must be open to stake another example Proof of Stake: - Starts at block: 3000 - Min. Age: 24 hours. - Max. Age: 48 days. - Interest: 3% my wallet should be open for 24hrs? In this example you would open your wallet AFTER 24 hours!
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sonubatthis101
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August 13, 2014, 07:55:51 PM |
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i got my coins already so,. do i need to open my wallet for 24 hrs now? i cant shutdown my pc?
sorry for the bother
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Dexpla
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August 13, 2014, 07:59:39 PM |
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You will not receive your staking interest till AFTER 9 Days, so make sure you have your wallet open in 9 DAYS time!
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sonubatthis101
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August 13, 2014, 08:09:25 PM |
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You will not receive your staking interest till AFTER 9 Days, so make sure you have your wallet open in 9 DAYS time! huh? so meaning i dont need to open my wallet now? i will have to open it 9 days from today?
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Dexpla
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August 13, 2014, 08:16:13 PM |
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You will not receive your staking interest till AFTER 9 Days, so make sure you have your wallet open in 9 DAYS time! huh? so meaning i dont need to open my wallet now? i will have to open it 9 days from today? You can open and close your wallet whenever you like, but you will NOT get your staking interest till 9 DAYS from when you put the coins in! So you can now close your wallet and go and play the banjo for 9 days, then open it, leave it open until it stakes! 9 days later or there about!
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presstab (OP)
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August 13, 2014, 09:48:11 PM |
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Think of staking, as mining. Your coins age is your hashing power. You miners do not work until your coins are 9 days old. After 9 days your miners will turn on. But, since it is mining, there is still luck involved and you might have to wait a few days with your wallet on to get your stake.
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Dexpla
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August 13, 2014, 09:53:37 PM |
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Think of staking, as mining. Your coins age is your hashing power. You miners do not work until your coins are 9 days old. After 9 days your miners will turn on. But, since it is mining, there is still luck involved and you might have to wait a few days with your wallet on to get your stake.
I'm waiting 2.5 days for one of mine its weight is 3819, block size 1600.
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tom14cat14
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August 13, 2014, 10:24:30 PM |
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To elaborate on presstab: We have a proposal for a very nice richlist. The owner only wants BTC, though. We have five possibilities and we'd like your opinion on this. 1. We sell HYP to obtain BTC. Pros: simple. Cons; this massive sell would hurt the market 2. We ask BTC donation from the community (0.25 BTC). Pros: it doesn't hurt HYP. Cons: We need YOU (and us) to donate BTC 3. We decline the offer and build our own richlist. Pros: No further dilemna, custom-made richlist wish suits our needs. Cons: getting a nice richlist will require time and effort 4. We stick with present richlist. Pros: No further dilemna. Cons: below-average richlist 5. Other propositions So you tell us. 1, 2, 3, 4 or 5 Look at our block explorer and rich list. He is .1 btc for it. I was about to pull the trigger on a .25 btc explorer when This guy contacted me and I think it looks descent especially for the price.
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kingpin69
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August 14, 2014, 09:46:41 PM |
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I'm not going to lie, your block explorer and rich list are pretty damn sexy. In the case of Hyperstake I'm not sure this is the right time to sell off 55-60k of HYP for a feature that doesn't add any real value to the coin either commercially or financially. I'm not adverse to donating BTC for a feature like a richlist or blockexplorer in the future though
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HappyHogan
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August 14, 2014, 09:48:54 PM |
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Bull shit coin
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sluppy
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August 14, 2014, 10:38:44 PM |
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I'm not going to lie, your block explorer and rich list are pretty damn sexy. In the case of Hyperstake I'm not sure this is the right time to sell off 55-60k of HYP for a feature that doesn't add any real value to the coin either commercially or financially. I'm not adverse to donating BTC for a feature like a richlist or blockexplorer in the future though Yes same here Ill be willing to donate some for a richlist / blockexplorer but i prefer to donate Hype to a community member if their willing and able to create this. Someone that will stake the hype instead of just insta dumping it for some btc. ill donate 3k hype to biomech if he can make it happen and im sure others will be willing to donate some as well. Ill pay 3k hype bounty for block explorer rich list. Anyone else want to add to that number feel free
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The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke -- May the forces of evil become confused on the way to your house.George Carlin We pay for life with death , so everything in between should be free. Bill Hicks -- It is during our darkest moments that we must focus to see the light. Aristotle Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment. Buddha -- The only true wisdom is in knowing you know nothing. Socrates
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foxy
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August 14, 2014, 11:12:53 PM |
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that was my hope as well, we have so many talented people hanging around I was hoping we could get it done here
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David Latapie
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August 15, 2014, 01:53:44 AM Last edit: August 15, 2014, 02:12:22 AM by David Latapie |
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We have a proposal for a very nice richlist. I forgot to mention than the said very nice richlist is the Advanced ABE used for NOBL. https://chainz.cryptoid.info/nobl/Think of staking, as mining. Your coins age is your hashing power. You miners do not work until your coins are 9 days old. After 9 days your miners will turn on. But, since it is mining, there is still luck involved and you might have to wait a few days with your wallet on to get your stake. I like this analogy, one of the best I found to explain the stacking part of PoS. By the way, a fun things, double minting at the same time. First time it happened to me, twice (the first one is just faucet arriving at the exact same time as GRW minting). For the pleasure of the eyes.
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Biomech
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August 15, 2014, 06:59:12 AM |
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Bull shit coin
Don't let the door hit you on the ass.
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Biomech
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Anarchy is not chaos.
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August 15, 2014, 07:01:31 AM |
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I'm not going to lie, your block explorer and rich list are pretty damn sexy. In the case of Hyperstake I'm not sure this is the right time to sell off 55-60k of HYP for a feature that doesn't add any real value to the coin either commercially or financially. I'm not adverse to donating BTC for a feature like a richlist or blockexplorer in the future though Yes same here Ill be willing to donate some for a richlist / blockexplorer but i prefer to donate Hype to a community member if their willing and able to create this. Someone that will stake the hype instead of just insta dumping it for some btc. ill donate 3k hype to biomech if he can make it happen and im sure others will be willing to donate some as well. Ill pay 3k hype bounty for block explorer rich list. Anyone else want to add to that number feel free At this time, I don't have enough time. I am against the wall with my job and with my life. I'm not a programmer, so I'd be bashing it together. But if nobody beats me to it, I'll give it a shot down the road a bit I appreciate the offer!
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presstab (OP)
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August 15, 2014, 02:57:37 PM |
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Looks like someone is in a hurry to buy a lot of HYP, both exchanges got a good spike.
I can help with a block explorer and richlist, but I am extremely busy at the moment. I have an arbitrage bot I am coding, a local/regional business I am helping launch, and a the framework of a new tv network website that I am helping create. So I am a bit busy, but if we want to get a repo going on github ( I have an account and can make private repos too) I would be happy to start helping out with it. Unfortunately I don't know much about block explorer code.
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cycoinminer
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August 15, 2014, 04:48:33 PM |
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Looks like someone is in a hurry to buy a lot of HYP, both exchanges got a good spike.
Close to 0.5BTC in trade, always good to see figures like that here! Keep up the good work guys
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presstab (OP)
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August 15, 2014, 05:24:10 PM |
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Here is my monthly update of my high PoS index. This chart takes into account stakes that would have occurred over the time period and the trading price. HYP is still performing pretty well if you have been staking it. Also it is easy to see that HYP is the most volatile.
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foxy
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August 15, 2014, 05:36:33 PM |
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Community Update Hi everyone! It's been a quiet week for us, so there's not a terrible lot I need to ramble on about before you can get on with your weekend. We seem to have reached a consensus on one of our goals this week, and that means we aren't willing to liquidate our little staking bounty project for something trivial like a richlist. While we will come to further decisions on that in future, I think that most are in agreement there are better things we could bounty out for. I've been watching with great interest the two coins who came out with android staking wallets this week. I would love to see that here in Hyperstake at some point, it seems a feature that high POS would greatly benefit from. There still needs to be some activity on the larger exchange front, I believe that David has put feelers out on the Cryptsy website so we may hear more about that soon and how to pitch in to get us noticed. In the meantime I also believe that Poloniex is a noteworthy exchange, they are particular about developer visibility and stable code, both of which we have. I will leave that as a new discussion the community can have. As presstab has mentioned he is extremely busy in real life right now, and David also has several commitments. As for me I am planning to take my summer holiday soon so you'll be rid of me for at least a week! But all of us are always here intermittently, ready to field any questions and show that as a team we try to be in regular contact and bring new ideas to the table. Your suggestions help a lot in that, so thank you for keeping the thread interesting and active. As you can see now that the initial work has been put in, HYP is still holding its own on the exchange and anything we choose to do in future will only take us further ahead. At lightspeeds Have a good weekend guys! https://twitter.com/HyperStakeIRC: ##hyperstake
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