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Author Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet  (Read 679272 times)
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Biomech
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October 15, 2014, 09:01:00 PM
 #2081

I was jk guys  Cheesy

I wasn't. POS coins are the only real competition to BTC. No reason for HYP not to take a leading position. Or TEK, or a joint venture, since you were involved in both.
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presstab (OP)
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October 15, 2014, 10:01:53 PM
 #2082

question guys..i have the .dat file for my backup wallet, im trying to stake and i want to make sure my coins are safe in my wallet with a backup ...what do i do with the .dat file on a different pc to get it to open and get my coins ? how do i load it ? thanks guys

The wallet.dat stores your private keys to all the addresses you hold, your transaction information, address book, etc. To backup your wallet.dat all you need to do is to copy and paste it to a safe place, like a USB stick. It does not need to be online. To load a backup wallet.dat, simply put it into the same appdata folder that it came from.

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October 15, 2014, 10:45:51 PM
 #2083

Question. When look at specs, you are supposed to receive 20% stake every 9 days, with max of 60%at 30 days (something like that). If the maximum subsidy is 1000 HYP, shouldn't the maximum block size be 5k, instead of the recommended 1600-4000 HYP?

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October 15, 2014, 11:21:30 PM
 #2084

Question. When look at specs, you are supposed to receive 20% stake every 9 days, with max of 60%at 30 days (something like that). If the maximum subsidy is 1000 HYP, shouldn't the maximum block size be 5k, instead of the recommended 1600-4000 HYP?

It would be if you were certain to stake after 9 days. However, you start gaining weight at 9 days, and will stake "some time later". If you're unlucky and wait for some time before staking, you can hit that ceiling. Originally, presstab selected 1600 as being a block size which can stake after a month while still not hitting the ceiling. The intent was that people who run their wallet every few weeks don't get their interest clipped. Since the network difficulty is going up, it's getting harder and harder to stake, so 5000 blocks are likely to get clipped even now, so 4000 is better than 5000 if you want to avoid it.
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October 15, 2014, 11:26:25 PM
 #2085

Hyperstake now added to allcrypt exchange.

https://www.allcrypt.com/market?id=1153

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October 15, 2014, 11:28:24 PM
 #2086

Presstab, I updated "What is PoS?" with you lottery analogy. Please check I am right: http://hyperstake.wikia.com/index.php?title=What_is_PoS%3F&diff=4353&oldid=4289

Regarding Raspberry, could people knowlegeable about it write a tutorial on the wikia? Same for Raspberry
How to build for Android
How to build for Raspberry

I have a question regarding POS:
why a smaller block with weight of 5100 and age of 10.08 stakes first and another one (twice so big) with age of 11.9 and weight of 13500 struggle for 3 days to stake and........nothing? Sad
Part of the staking process is intentionally random (nonce). This helps lower blocks to get a chance.

Using the HYP richlist, I’ve seen some very encouraging figures.
Great cycoinminer. We need some statistics with interpretation. Let's just make our best to avoid confirmation bias (I do not imply you fell for it in your analysis).

This is pretty cool! We have David Latapie to thank for this of course (well and of course busoni@poloniex).
And mobydick@poloniex too. He is the one who decide to propose a coin market to busoni. He is the one who was enthousiastic enough about HYP to accept BTC/HYP, then XMR/HYP and finally two days ago XUSD/HYP. He is a great guy and he even refused that I give him some HYP (my proposal came after the inclusion of the XMR/BTC market, not before, so not attempt at bribery here, just to be clear).

David's hope with this market is to be able to pin down a fiat value for HYP.
This is just one use (they are planning to do it, anyway, for all coins). The other use is to promote the "Stake and Cash" campagin (see my article, below).

Yes, honestly the HYP community is the friendliest and coolest I have found in all of crypto.  I really wish we could do a small HYPcon someday!   Cheesy
Let's organize a HYPcon in SLC when I'll pay you a visit! OK, Las Vegas could be good too, but more expensive, I guess. I like how you people are pushing HYP for Las Vegas (yeah, I know it is a joke, but we have quite a experience about how joke can mature with HYP itself). But instead of a pledge, we would need people to actually donate (with refund possible, which is time-consuming to track). They would not have to keep the HYP, just to have them long enough for shooting a movie about them accepting HYP, then we would use countmycrypto.com to show how much USD they got out of it. Then behind the scene, we would convert in USB for them. Let's get 25% more than asked, for security margin, fees, sleepage... Companies at Las Vegas are probably more willing to do something crazy than in other locations. Of course having some contacts from Vegas beforehand would help.

Finally...
I wrote an new entry on the HDJ now that we are on the XUSD market. We are gaining momentum and trying out (ex-pe-ri-men-ting) new, more ambitious, directions
Hyperstake for everyone - Stake and Cash

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
Reputation threadFree bitcoins: reviews, hints…: freebitco.in, freedoge.co.in, qoinpro
freedomsr40
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October 16, 2014, 12:57:09 AM
 #2087

so the most you can get from staking is 1000 HYP every 30 days?? even if your pc is on and the wallets open all the time , 24/7?
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October 16, 2014, 01:03:49 AM
 #2088

so the most you can get from staking is 1000 HYP every 30 days?? even if your pc is on and the wallets open all the time , 24/7?

yes maximum stake is limited to 1K .
this is not every 30 days, staking period is 8.8 to 30 days
If you need help best is http://hyperstake.wikia.com/wiki/HyperStake_Wiki or join us on IRC ##hyperstake


     
     

     
     
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October 16, 2014, 01:07:53 AM
 #2089

question to anyone, if i have say 10k HYP how much should i expect a month? a 30 day period
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October 16, 2014, 01:18:14 AM
 #2090

Hi i am coming back with a nice graph



The charts explain everything Smiley

Everyday i am still really impressed about Hyp , so many things has been done  since day 1 and this is not finished yet.

it seems that 4K is the new floor price ( according to Polo charts ) and it just can't going down .

Merci very much to all new Hypsters how have joined the community, i really appreciate everyone and i would love to talk with girls sometimes Smiley

I have just received my raspberry so my plan is to promote this support ( i think this is the best for stake and security ) , as soon as it will be set up and ready to stake , i will create a complete tuto and probably sell a Micro SD card ready to use Smiley
i will  also organize a contest for win a Hypberry ( hyper/raspberry ).
Stay tuned on twitter and irc and polo , i am always there for hypaways every days !





     
     

     
     
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October 16, 2014, 01:23:34 AM
 #2091

Hi i am coming back with a nice graph



The charts explain everything Smiley

Everyday i am still really impressed about Hyp , so many things has been done  since day 1 and this is not finished yet.

it seems that 4K is the new floor price ( according to Polo charts ) and it just can't going down .

Merci very much to all new Hypsters how have joined the community, i really appreciate everyone and i would love to talk with girls sometimes Smiley

I have just received my raspberry so my plan is to promote this support ( i think this is the best for stake and security ) , as soon as it will be set up and ready to stake , i will create a complete tuto and probably sell a Micro SD card ready to use Smiley
i will  also organize a contest for win a Hypberry ( hyper/raspberry ).
Stay tuned on twitter and irc and polo , i am always there for hypaways every days !
Price is holding ver nice and even managed to go up.
Going to be interesting to see what happens the coming months.
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October 16, 2014, 01:26:29 AM
 #2092

question to anyone, if i have say 10k HYP how much should i expect a month? a 30 day period

That's not as easy to answer as it is to ask. If it's all in one block, you will probably not get as much as if it's broken up, but you'll get it faster on average.

At one time, someone, David maybe, had posted up a calculator that shows the effect of compounding a block at a certain size. I don't have a link, but I can probably set something up.

on average, you'll make just over 18 percent per block per 8.8 days, but that's not exact and the longer it takes, the more you make per block per cycle. If it goes past 30 days, it gains no more weight, but I THINK the per day interest still accrues. Presstab, please correct me if I'm wrong here.

If it were me, I'd break it up over several days. ten days, actually, with a block of 1K per day. You should then stake very 9 days with the above caveats, and gain interest on the new coins as well.
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October 16, 2014, 01:27:37 AM
 #2093

question to anyone, if i have say 10k HYP how much should i expect a month? a 30 day period

you got basicly around 18.9/20% for each period of stake ( 3 for 1 month )

So if you have 10K :

10000*0.20+10000=12000 ( 1st stake )
12000*0.20+12000=14400 ( 2nd stake )
14000*0.20+14000=16800 ( 3rd stake )

this is very closed to the reality Smiley

More info here http://hyperstake.wikia.com/wiki/Max_subsidy


     
     

     
     
ibuyltc
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October 16, 2014, 01:29:07 AM
 #2094

question to anyone, if i have say 10k HYP how much should i expect a month? a 30 day period

TL;DR  18%

If you get HYP, you should use coin control to break them up into 1600-4000 HYP blocks.  When you break them up, they start to Age & gain Potential Stake.  Each block after 8.8 days has a chance to stake.  If you were lucky and everything stakes at 8.8 days your at roughly 18%.

--edit
I see Waxo & Biomech said basically the same thing.

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October 16, 2014, 01:30:51 AM
 #2095

question to anyone, if i have say 10k HYP how much should i expect a month? a 30 day period

That's not as easy to answer as it is to ask.
+1
it's not fixed rate
its have many factors
and HYP it's not HYIP.

.I'm CiZ my HyperStake Member.
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October 16, 2014, 01:31:32 AM
 #2096

question to anyone, if i have say 10k HYP how much should i expect a month? a 30 day period

That's not as easy to answer as it is to ask. If it's all in one block, you will probably not get as much as if it's broken up, but you'll get it faster on average.

At one time, someone, David maybe, had posted up a calculator that shows the effect of compounding a block at a certain size. I don't have a link, but I can probably set something up.

on average, you'll make just over 18 percent per block per 8.8 days, but that's not exact and the longer it takes, the more you make per block per cycle. If it goes past 30 days, it gains no more weight, but I THINK the per day interest still accrues. Presstab, please correct me if I'm wrong here.

If it were me, I'd break it up over several days. ten days, actually, with a block of 1K per day. You should then stake very 9 days with the above caveats, and gain interest on the new coins as well.

thank you im sorry im new to this...so if i transfer 1k each day for 10 days to my wallet i should then net about 18% every 8 days? do i have to keep transfering them in and out? or just one time and done? so if i did 1k each day for 10 days id make approx get 7200 coins per month? since there in different blocks? thanks
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October 16, 2014, 01:45:36 AM
 #2097

question to anyone, if i have say 10k HYP how much should i expect a month? a 30 day period
That's not as easy to answer as it is to ask. If it's all in one block, you will probably not get as much as if it's broken up, but you'll get it faster on average.

Yes, the more blocks staking the closer to the statistical average you will get. (law of large numbers). So when you have two blocks of 4000 and one takes 20 days, it can be quite annoying. But when you have 10 blocks of 4,000 you should have some that stake fast and some slow, but the average is probably closer to 10-15 days.  Personally I am staking about 2-5 times an hour, and often smaller older blocks.

Quote
on average, you'll make just over 18 percent per block per 8.8 days, but that's not exact and the longer it takes, the more you make per block per cycle. If it goes past 30 days, it gains no more weight, but I THINK the per day interest still accrues. Presstab, please correct me if I'm wrong here.
The percent reward is: 7.5 / 365 * DAYS * BLOCKSIZE
So after 9 days: 7.5/365*9= 18.4932%
Reward for block of 1,000 after 9 days: 184.93

And yes biomech you are correct, the block stops gaining weight after 30 days but still collects daily interest and continues to carry the weight it had at 30 days until it finally stakes. By this very method, it would be theoretically possible (but unlikely) that a block of 1 HYP can stake into two blocks of 500 HYP.

Projects I Contribute To: libzerocoin | Veil | PIVX | HyperStake | Crown | SaluS
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October 16, 2014, 01:48:31 AM
 #2098

question to anyone, if i have say 10k HYP how much should i expect a month? a 30 day period

That's not as easy to answer as it is to ask. If it's all in one block, you will probably not get as much as if it's broken up, but you'll get it faster on average.

At one time, someone, David maybe, had posted up a calculator that shows the effect of compounding a block at a certain size. I don't have a link, but I can probably set something up.

on average, you'll make just over 18 percent per block per 8.8 days, but that's not exact and the longer it takes, the more you make per block per cycle. If it goes past 30 days, it gains no more weight, but I THINK the per day interest still accrues. Presstab, please correct me if I'm wrong here.

If it were me, I'd break it up over several days. ten days, actually, with a block of 1K per day. You should then stake very 9 days with the above caveats, and gain interest on the new coins as well.

thank you im sorry im new to this...so if i transfer 1k each day for 10 days to my wallet i should then net about 18% every 8 days? do i have to keep transfering them in and out? or just one time and done? so if i did 1k each day for 10 days id make approx get 7200 coins per month? since there in different blocks? thanks

You just need to remember that staking is based off of transaction times. So if you move a block of HYP while it is aging, you delete all of the age that it has acquired. Also for a block of 1,000 I would expect something closer to 12-20 days until you get your reward. Your interest accrues beyond 9 days to compensate for extra time.

Projects I Contribute To: libzerocoin | Veil | PIVX | HyperStake | Crown | SaluS
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October 16, 2014, 01:54:13 AM
 #2099

question to anyone, if i have say 10k HYP how much should i expect a month? a 30 day period

That's not as easy to answer as it is to ask. If it's all in one block, you will probably not get as much as if it's broken up, but you'll get it faster on average.

At one time, someone, David maybe, had posted up a calculator that shows the effect of compounding a block at a certain size. I don't have a link, but I can probably set something up.

on average, you'll make just over 18 percent per block per 8.8 days, but that's not exact and the longer it takes, the more you make per block per cycle. If it goes past 30 days, it gains no more weight, but I THINK the per day interest still accrues. Presstab, please correct me if I'm wrong here.

If it were me, I'd break it up over several days. ten days, actually, with a block of 1K per day. You should then stake very 9 days with the above caveats, and gain interest on the new coins as well.

thank you im sorry im new to this...so if i transfer 1k each day for 10 days to my wallet i should then net about 18% every 8 days? do i have to keep transfering them in and out? or just one time and done? so if i did 1k each day for 10 days id make approx get 7200 coins per month? since there in different blocks? thanks

You just need to remember that staking is based off of transaction times. So if you move a block of HYP while it is aging, you delete all of the age that it has acquired. Also for a block of 1,000 I would expect something closer to 12-20 days until you get your reward. Your interest accrues beyond 9 days to compensate for extra time.

Thx presstab for this clarification ....i think we need a quick video tuto showing the basics Smiley

ps :I have already book my fly to las Vegas Smiley


     
     

     
     
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October 16, 2014, 01:59:11 AM
 #2100

ok my question is if i put them in different blocks say 1k per block for 10 blocks in 1 wallet i would get more then 1k hyp in 30days...thats basically what im trying to figure out...if its possible or not...im looking to get like 1k a month per like 2k coins (estimated) thanks
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