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

[presstab]

HyperStake was added to the voting list on BleuTrade https://bleutrade.com/voting/HYP

[Dexpla]

HyperStake was added to the voting list on BleuTrade https://bleutrade.com/voting/HYP

I just gave it a booster to position 4

[presstab]

HyperStake was added to the voting list on BleuTrade https://bleutrade.com/voting/HYP

I just gave it a booster to position 4

Cool, thanks!  Just bumped up to 3rd. I am not sure how often bleutrade adds coin, but I am guessing a combo of asking for HYP to be added in the trollbox and also voting it up, will be a good approach.

[kingpin69]

HyperStake was added to the voting list on BleuTrade https://bleutrade.com/voting/HYP

I just gave it a booster to position 4

Cool, thanks!  Just bumped up to 3rd. I am not sure how often bleutrade adds coin, but I am guessing a combo of asking for HYP to be added in the trollbox and also voting it up, will be a good approach.

put another 50 votes on HYP, sitting top of the pile for an addition. Hope they add it soon

[MadGhost]

HyperStake was added to the voting list on BleuTrade https://bleutrade.com/voting/HYP

I just gave it a booster to position 4

Cool, thanks!  Just bumped up to 3rd. I am not sure how often bleutrade adds coin, but I am guessing a combo of asking for HYP to be added in the trollbox and also voting it up, will be a good approach.

put another 50 votes on HYP, sitting top of the pile for an addition. Hope they add it soon

need more votes so that they can add this coin .

[kingpin69]

not sure if they want it to go to 1000 votes before adding or not. If they do then we are app 720 votes short i think; which would cost $35 of BTC give or take to get to 1000 votes

[Biomech]

not sure if they want it to go to 1000 votes before adding or not. If they do then we are app 720 votes short i think; which would cost $35 of BTC give or take to get to 1000 votes

Do any of you regularly trade there? I had massive problems with them when they were new. To be fair, they did fix it, but it left a bad taste in my mouth. Haven't been back since.

[kingpin69]

not sure if they want it to go to 1000 votes before adding or not. If they do then we are app 720 votes short i think; which would cost $35 of BTC give or take to get to 1000 votes

Do any of you regularly trade there? I had massive problems with them when they were new. To be fair, they did fix it, but it left a bad taste in my mouth. Haven't been back since.

can't say its an exchange I am familiar with but looking at trading volumes of some of the more popular altcoins it seems a hit or a miss.

[presstab]

not sure if they want it to go to 1000 votes before adding or not. If they do then we are app 720 votes short i think; which would cost $35 of BTC give or take to get to 1000 votes

Do any of you regularly trade there? I had massive problems with them when they were new. To be fair, they did fix it, but it left a bad taste in my mouth. Haven't been back since.

I have only started using Bleutrade recently since HBN got added there. So far so good, no problems or lag at all. At this point I think it is good to get HYP added where we can.  Bleutrade sounds interesting because I think we will be able to pair HBN and HYP.

I also submitted a request to poloniex, I will see if we get added to the voting list.

[cycoinminer]

Can someone explain to me, in layman terms, the following:

"Maximum Stake Subsidy - 1,000 HYP"

Am I right in thinking that every block of 1,600 HYP I've split up, will only generate a maximum of 1,000 HYP as interest?

If so, then my blocks of 1,600 will stop earning me interest in around 30 days or so..... I can't believe that's right, is it?

If it is, then what's to stop me transferring the coins to another wallet after they've reached the 1,000 subsidy limit?

Cheers

Cy

[ryanb]

Can someone explain to me, in layman terms, the following:

"Maximum Stake Subsidy - 1,000 HYP"

Am I right in thinking that every block of 1,600 HYP I've split up, will only generate a maximum of 1,000 HYP as interest?

If so, then my blocks of 1,600 will stop earning me interest in around 30 days or so..... I can't believe that's right, is it?

If it is, then what's to stop me transferring the coins to another wallet after they've reached the 1,000 subsidy limit?

Cheers

Cy

The max 1000 HYP is for the block size Say you set your block size to 20,000 HYP then you will only receive 1000 HYP

But if you set it to 1600 size you will receive the max amount of HYP from the stake. You will keep earning stake after 30 days.

[cycoinminer]

Can someone explain to me, in layman terms, the following:

"Maximum Stake Subsidy - 1,000 HYP"

Am I right in thinking that every block of 1,600 HYP I've split up, will only generate a maximum of 1,000 HYP as interest?

If so, then my blocks of 1,600 will stop earning me interest in around 30 days or so..... I can't believe that's right, is it?

If it is, then what's to stop me transferring the coins to another wallet after they've reached the 1,000 subsidy limit?

Cheers

Cy

The max 1000 HYP is for the block size Say you set your block size to 20,000 HYP then you will only receive 1000 HYP

But if you set it to 1600 size you will receive the max amount of HYP from the stake. You will keep earning stake after 30 days.

Thanks for clearing that up.....

I was just doing some sum's with regards to my stake - it's crazy how much my coins will grow with compound interest then!
I read about inflation control built in here though, so I wasn't sure where this was being "limited".

[cryptmebro]

Can someone explain to me, in layman terms, the following:

"Maximum Stake Subsidy - 1,000 HYP"

Am I right in thinking that every block of 1,600 HYP I've split up, will only generate a maximum of 1,000 HYP as interest?

If so, then my blocks of 1,600 will stop earning me interest in around 30 days or so..... I can't believe that's right, is it?

If it is, then what's to stop me transferring the coins to another wallet after they've reached the 1,000 subsidy limit?

Cheers

Cy

The max 1000 HYP is for the block size Say you set your block size to 20,000 HYP then you will only receive 1000 HYP

But if you set it to 1600 size you will receive the max amount of HYP from the stake. You will keep earning stake after 30 days.

Thanks for clearing that up.....

I was just doing some sum's with regards to my stake - it's crazy how much my coins will grow with compound interest then!
I read about inflation control built in here though, so I wasn't sure where this was being "limited".

The block splits into 2 when it stakes.  1600 splits to 2 blocks of 800, then you get the block of 1000 I believe.

[presstab]

If you are using a block of 1600 HYP, then on day 30 you would get a stake reward of around 986 HYP. So 30 days is going to be close to maxing out that 1600 HYP block. If you plan on holding blocks that you won't stake for months, then you probably are best off with smaller block sizes.

[cycoinminer]

If you are using a block of 1600 HYP, then on day 30 you would get a stake reward of around 986 HYP. So 30 days is going to be close to maxing out that 1600 HYP block. If you plan on holding blocks that you won't stake for months, then you probably are best off with smaller block sizes.

Hi Presstab, thanks for that clarification.

So, assuming that I wanted to keep my blocks at 1,600 HYP for optimal staking, after day 27 (or there abouts) if I moved my 1,600 HYP to a new / different address, will these coins re-start the staking process all over again?

Also, how would I identify which coins are close to being at the "end of their staking cycle"?
In Coin Control I can see the number of confirmations, would it be the highest coins in here?

One other thing, in Coin Control, on both wallets I have, they mention, under "Label", a (change) listing, with an address, that isn't one I recognise.
Can you confirm what this is please. Thanks

[Biomech]

If you are using a block of 1600 HYP, then on day 30 you would get a stake reward of around 986 HYP. So 30 days is going to be close to maxing out that 1600 HYP block. If you plan on holding blocks that you won't stake for months, then you probably are best off with smaller block sizes.

Hi Presstab, thanks for that clarification.

So, assuming that I wanted to keep my blocks at 1,600 HYP for optimal staking, after day 27 (or there abouts) if I moved my 1,600 HYP to a new / different address, will these coins re-start the staking process all over again?

Also, how would I identify which coins are close to being at the "end of their staking cycle"?
In Coin Control I can see the number of confirmations, would it be the highest coins in here?

One other thing, in Coin Control, on both wallets I have, they mention, under "Label", a (change) listing, with an address, that isn't one I recognise.
Can you confirm what this is please. Thanks

I can help with the change address. It's what's left over after you combine or split a block, and calculate fees. If you want, you can set a custom change address in coin control, and it will always put change there. I don't know if it will automatically combine the blocks, but it will always go to the same address. If you don't do this, it will just dynamically create a new change address whenever the client finds it necessary.

I've never seen any of my blocks, large or small, go past 12 days. Usually stakes right at 9, so I don't know how ideal 1600 really is. It does guarantee you'll never hit the subsidy cap, though.

[presstab]

If you are using a block of 1600 HYP, then on day 30 you would get a stake reward of around 986 HYP. So 30 days is going to be close to maxing out that 1600 HYP block. If you plan on holding blocks that you won't stake for months, then you probably are best off with smaller block sizes.

Hi Presstab, thanks for that clarification.

So, assuming that I wanted to keep my blocks at 1,600 HYP for optimal staking, after day 27 (or there abouts) if I moved my 1,600 HYP to a new / different address, will these coins re-start the staking process all over again?

Also, how would I identify which coins are close to being at the "end of their staking cycle"?
In Coin Control I can see the number of confirmations, would it be the highest coins in here?

One other thing, in Coin Control, on both wallets I have, they mention, under "Label", a (change) listing, with an address, that isn't one I recognise.
Can you confirm what this is please. Thanks

Well, let me first start off by clarifying the staking process. Let's say I send 1,600 HYP to my wallet.  I will need to let at least 8.8 days pass, and my block will begin "mining" itself, or attempting to stake. Think of this block of 1,600 as a PoW miner whose hash rate is 1,600 multiplied by the amount of time past 8.8 days. So if it is 9.8 days old, my coin weight (or sort of the hash rate equivalent) would be 1,600. If my block is 10.8 days old then the coin weight will be 3200.

As the age grows, it is more and more likely to produce a stake reward, because its weight gets larger. Once the block stakes, the network takes that block of 1,600 and calculates the reward.  If it took 10.8 days, then it would be rewarded 7.5/365*10.8=355 HYP.  The network takes your 1,600 HYP block and completely destroys it.  The network then sends you two blocks of 977.5 (totaling 1955).  These two blocks are freshly minted, and as such they have 0 age. You will need to wait another 8.8 days for the coins to start mining themselves again.

There is no reason to use a separate wallet address for any of this process.  And if you age your blocks longer, then you are missing out on some compound interest.  So the "end of the staking cycle" is when you receive the stake reward and are given two new blocks and the old block is destroyed.

Also I need to point out that if you at anytime transfer coins, it starts over the ageing process.

[billotronic]

I've got a silly question.... what happens when the interest payments get so small that we run out of decimal places? ie if I had a block that was .00001, what would the interest be?

Also, would this cause a situation where the client will be limited in the max size of coins that can be sent in one tx?

[presstab]

I've got a silly question.... what happens when the interest payments get so small that we run out of decimal places? ie if I had a block that was .00001, what would the interest be?

Also, would this cause a situation where the client will be limited in the max size of coins that can be sent in one tx?

There is a threshold where the "dust" should be collected. This is an area I need to do more research on, and haven't seen happen in my own experience. The code is written so that theoretically dust should be combined when blocks are less than 166 HYP. This dust collection happens when a coin stake is created. I am not sure exactly how the mechanics works... is it from when the less than 166 HYP block stakes, or is it triggered by any block staking?

How I read the code at first glance is that when any block stakes and the "input" or total block amount is going to be less than 166, the wallet will grab other mature blocks and stake them in the same block.  It will sum up as many small blocks as it can until 166 HYP is reached.  I could be wrong about this, but this is my initial reaction to seeing the code. You can see it in wallet.cpp under createcoinstake.

Regarding the interest... Not quite sure. But it would probably never stake at that amount.

[MoneroMooo]

There is a threshold where the "dust" should be collected. This is an area I need to do more research on, and haven't seen happen in my own experience. The code is written so that theoretically dust should be combined when blocks are less than 166 HYP. This dust collection happens when a coin stake is created. I am not sure exactly how the mechanics works... is it from when the less than 166 HYP block stakes, or is it triggered by any block staking?

How I read the code at first glance is that when any block stakes and the "input" or total block amount is going to be less than 166, the wallet will grab other mature blocks and stake them in the same block.  It will sum up as many small blocks as it can until 166 HYP is reached.  I could be wrong about this, but this is my initial reaction to seeing the code. You can see it in wallet.cpp under createcoinstake.

If it's supposed to do that, it certainly doesn't.

I have a number of coins less than 100 HYP, and a week or so ago I manually merged a dozen of similar small coins into one large 390 sized coin. Some of the inputs where < 10 HYP.

Is this merging code inherited from a PoW codebase ? If so, it might be it's been disabled for PoS because it could reset coin age, and thus isn't wanted automatically ?