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

[Ense04]

Diff is the highest its ever been, and rightfully so (thank you presstab). This is done to control inflation and help the price rise. It you want to stake at 10-11 days use 6000 coin blocks.


Vegas

6000k block at this point is a bad idea IMO. I hit max award on day 9 and I'm still waiting. Recommend 4000k block in case anyone is wondering what to do.

[mtwelve]

Diff is the highest its ever been, and rightfully so (thank you presstab). This is done to control inflation and help the price rise. It you want to stake at 10-11 days use 6000 coin blocks.


Vegas

6000k block at this point is a bad idea IMO. I hit max award on day 9 and I'm still waiting. Recommend 4000k block in case anyone is wondering what to do.

Am I on the wrong wallet or something as the difficulty is at 2.1, no need for 6k blocks just yet

[billotronic]

Diff is the highest its ever been, and rightfully so (thank you presstab). This is done to control inflation and help the price rise. It you want to stake at 10-11 days use 6000 coin blocks.


Vegas

6000k block at this point is a bad idea IMO. I hit max award on day 9 and I'm still waiting. Recommend 4000k block in case anyone is wondering what to do.

Am I on the wrong wallet or something as the difficulty is at 2.1, no need for 6k blocks just yet

well the difficulty fluctuates (and has been peaking crazy high) and I think what vegasguy was getting at is if your want your stake ASAP you HAVE to go with large block sizes (ie 6k)

[mtwelve]

Ahhhh understood. Think 24/7 staking is a must now, seriously thinking of dropping some $$$ for a rasp pi staking setup.

[chilly2k]

Whats the minimum size block?  IE what size will just hit 1000 at day 30?  If anyone knows off the top of their heads or has a quick way to calculate it. 

         Thanks.

[mtwelve]

Whats the minimum size block?  IE what size will just hit 1000 at day 30?  If anyone knows off the top of their heads or has a quick way to calculate it. 

         Thanks.

According to the stake calculator, I believe the minimum size block to hit the 1k reward after 30 days is 1623 HYP.

[presstab]

We have all been talking about an upcoming hard fork that will fix a few minor issues. I am now considering forking off of X11 hashes, and switching to a more light weight hashing algorithm. CrazyLoaf mentioned to me that blake is fairly light.  This would be quite easy to use because it is already in the code. What I would like everyone to do is to weigh in on their favorite algo. Keep in mind that the point is to lighten CPU load (having it hash 11 algo's is stupid for PoS). There is no reason to make hashing difficult, PoS provides the security. If hashing is difficult it adds PoW to a PoS only coin.

The current algo's in the code (I would prefer to use one of these, because of ease):

- blake512
- bmw512
- groestl512
- skein512
- jh512
- keccak512
- luffa512
- cubehash512
- shavite512
- simd512
- echo512

Look forward to hearing some opinions

[mtwelve]

Wait so now HYP make fork into a POW/POS like TEK if I understood that correctly? And if so, I'm most familiar with skein, groestl, and blake, all good algos.

[nioc]

@presstab, I know nothing about algorithms.  You say you want to lighten the CPU load yet HYP only uses 1.5% of my CPU and 67MB RAM.  I have a newer pentium which ain't much, running windows 8.1

[presstab]

Wait so now HYP make fork into a POW/POS like TEK if I understood that correctly? And if so, I'm most familiar with skein, groestl, and blake, all good algos.

No just thinking about switching the PoS hashing algo. Not add PoW. This is just a conversation at this point. Is it worth switching PoS algo's for any reason?

I wanted feedback from the community. Thats all

[iantunc]

@presstab, I know nothing about algorithms.  You say you want to lighten the CPU load yet HYP only uses 1.5% of my CPU and 67MB RAM.  I have a newer pentium which ain't much, running windows 8.1

As for me, it's a very nice idea. It will let people keep the wallet on VPS without an additional overhead, that can lead to server cancellation.

[mtwelve]

Wait so now HYP make fork into a POW/POS like TEK if I understood that correctly? And if so, I'm most familiar with skein, groestl, and blake, all good algos.

No just thinking about switching the PoS hashing algo. Not add PoW. This is just a conversation at this point. Is it worth switching PoS algo's for any reason?

I wanted feedback from the community. Thats all

I didn't know POS systems used an algo... I thought it was just like simulations of mining if you wanted to look at it in technical terms. Well if it's to lighten the CPU load, shouldn't you just in theory use the "easiest" algo (AKA gpu accelerated) and go with SHA-256 (or whatever algo is more ASIC friendly?).

[presstab]

One thing I am looking into is how much x11 is actually involved. It looks like the actual coinstake hashing done for PoS is all in SHA256, so this is not doing 11 algos per coinstake hash. At least if my reading of the code is correct.  Hopefully will have more info about this later.

[billotronic]

We have all been talking about an upcoming hard fork that will fix a few minor issues. I am now considering forking off of X11 hashes, and switching to a more light weight hashing algorithm. CrazyLoaf mentioned to me that blake is fairly light.  This would be quite easy to use because it is already in the code. What I would like everyone to do is to weigh in on their favorite algo. Keep in mind that the point is to lighten CPU load (having it hash 11 algo's is stupid for PoS). There is no reason to make hashing difficult, PoS provides the security. If hashing is difficult it adds PoW to a PoS only coin.

The current algo's in the code (I would prefer to use one of these, because of ease):

- blake512
- bmw512
- groestl512
- skein512
- jh512
- keccak512
- luffa512
- cubehash512
- shavite512
- simd512
- echo512

Look forward to hearing some opinions

whoa hey there cowboy.

half those I do not think have been solo in a coin. Could maybe we do a test net sex test against a few to see what would be the most beneficial?

[mtwelve]

What is a "test next sex test"?

[mtwelve]

BTW if you haven't already, please follow the HYP twitter.

https://twitter.com/HyperStake

Please retweet and interact with tweets, will help spread awareness of the coin

[iantunc]

@presstab

Is it necessary to do a hard fork for the reason of few minor issues? It can create a lot of difficulties for users (all previous versions of the wallet will become obsolete), probably more than these issues themselves Wouldn't it be better to include these fixes in some critical update?

[David Latapie]

@presstab

Is it necessary to do a hard fork for the reason of few minor issues? It can create a lot of difficulties for users (all previous versions of the wallet will become obsolete), probably more than these issues themselves Wouldn't it be better to include these fixes in some critical update?

I think what presstab meant is "in the context of the hardfork we will have in several months, here one more thing to consider while we're at it". But the wording looked like "we will hard fork mostly for this", which is not the case.

Regarding algo
- presstab: I asked Wolf his opinion. I believe neoscrypt is the lightest to date. jwinterm on IRC proposed... SHA256 and smooth siphash, and mod (never heard of them)
- others: we won't go to PoW/PoS. But HYP is not a pure PoS (it is a PoW/PoS with a PoW phase that has ended), so it still has a dead weight, the now-useless PoW algo. presstab is trying to minimise the impact of the dead weight by using as light a PoW algo as possible (ideally, we would remove the PoW entirely, but code-wise, it would be a major work for not much advantages).

Update: Print_ proposed m7m and yescrypt.

[smooth]

smooth siphash, and mod (never heard of them)

To clarify I had no idea what the "hash" was being used for in the conversation. mod is of course no good for security purposes at all.

We discussed some more in IRC. It seems the thing to do is get rid of x11 for block hashing (maybe -- if that even matters). Not sure what is being used for PoS so it may or may not be worth changing at all.

[David Latapie]

OK guys, what we are working on for Monero (among other things)

Instead of sending to pAvP3gYfuyDVbUt98ToMbwU9rwEdBV1dHW
You could send to hyperstake.com

How this magic? Openalias (entry on the Monero FAQ)

Now, the nice thing is that it works with any crypto, as long as the wallet allows it.

And there is one more good thing about it, but I'll keep it secret for some time. Just trust me on this one

Regarding code, I'll talk with presstab.