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

[David Latapie]

hi guys
i read and found that hyperstake only pay 1000hyp max stake bounty so if i purchase a coin from someone and put it on stake but he has already got 1000hyp on that coin so will i get bounty again or not on that particular coin??
if i get bounty again than inflation is not controlled i think and if i am not getting bounty on my coin than i guess its not fair!!
hoping to hear from you soon!

You get max 1000 per cycle. When you move your coin to your wallet, you initiate a new cycle, so you'll get your bounty. Make sure to purchase at least 1600 HYP (you may stake after 35 days with a 1600 block or get lucky and stake after 10 days. The higher the amount of HYP in your block, the better https://bit.ly/hypsize

[iantunc]

hi guys
i read and found that hyperstake only pay 1000hyp max stake bounty so if i purchase a coin from someone and put it on stake but he has already got 1000hyp on that coin so will i get bounty again or not on that particular coin??
if i get bounty again than inflation is not controlled i think and if i am not getting bounty on my coin than i guess its not fair!!
hoping to hear from you soon!

You'll get up to 1000 HYP from your coins again and again. Inflation is controlled because there are thousands of people like you willing to get the reward, but only ~1000 winning chances per day, it's like a lottery where more lucky holders (with bigger block sizes) win. So this coin has steady emission of  700 000-900 000 HYP per day, just not to be unfair)

[nioc]

Dear Presstab, do you have a hammer handy?  I have a block with an age of 28 days that maxed out at 1000 HYP 12 days ago.  I have no older blocks and 19 blocks that are younger and small have minted, most in ~half the time.  Thank you.

[presstab]

Dear Presstab, do you have a hammer handy?  I have a block with an age of 28 days that maxed out at 1000 HYP 12 days ago.  I have no older blocks and 19 blocks that are younger and small have minted, most in ~half the time.  Thank you.

With difficulty going up quickly, you are going to have to start rethinking how you size your blocks. Either size them larger so that the stake quicker at the expense of hitting the max, or size them smaller so that they don't hit the max at the expense of more time.

PS - my oldest is 78 days 

[presstab]

These difficulty charts that iDunk makes are awesome. https://mega.co.nz/#F!HEcnQCCb!AjoHFQebVHLTo9peEUXoAg

The 1,000 block time frame is really fun to look at.

[Trololoh]

Dear Presstab, do you have a hammer handy?  I have a block with an age of 28 days that maxed out at 1000 HYP 12 days ago.  I have no older blocks and 19 blocks that are younger and small have minted, most in ~half the time.  Thank you.

With difficulty going up quickly, you are going to have to start rethinking how you size your blocks. Either size them larger so that the stake quicker at the expense of hitting the max, or size them smaller so that they don't hit the max at the expense of more time.

PS - my oldest is 78 days 

How is that possible if max coin age is 30 days ?
Do you have a "special" wallet for yourself ? 

[LiteBit]

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[billotronic]

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That being said, there is nothing wrong with gambling, just don't get pissed if you are the person without a chair when the music stops.

[nioc]

Dear Presstab, do you have a hammer handy?  I have a block with an age of 28 days that maxed out at 1000 HYP 12 days ago.  I have no older blocks and 19 blocks that are younger and small have minted, most in ~half the time.  Thank you.

With difficulty going up quickly, you are going to have to start rethinking how you size your blocks. Either size them larger so that the stake quicker at the expense of hitting the max, or size them smaller so that they don't hit the max at the expense of more time.

PS - my oldest is 78 days 

How is that possible if max coin age is 30 days ?
Do you have a "special" wallet for yourself ? 

Blocks no longer gain weight after 30 days but they can still stake.

[Youghoor]

Dear Presstab, do you have a hammer handy?  I have a block with an age of 28 days that maxed out at 1000 HYP 12 days ago.  I have no older blocks and 19 blocks that are younger and small have minted, most in ~half the time.  Thank you.

With difficulty going up quickly, you are going to have to start rethinking how you size your blocks. Either size them larger so that the stake quicker at the expense of hitting the max, or size them smaller so that they don't hit the max at the expense of more time.

PS - my oldest is 78 days 

How is that possible if max coin age is 30 days ?
Do you have a "special" wallet for yourself ? 

Blocks no longer gain weight after 30 days but they can still stake.

Then at that time it will be more valuable.

[presstab]

Deleted that post, no referral spam here please.

[vancefox]

Deleted that post, no referral spam here please.

May still be something good to comment on in the OP... just as a warning...

With that said, I sent 3k HYP there... if it spits out 6k then I'll be pleasantly surprised... if it doesn't I didn't lose that much and can recover it very quickly.

[David Latapie]

hi guys
i read and found that hyperstake only pay 1000hyp max stake bounty so if i purchase a coin from someone and put it on stake but he has already got 1000hyp on that coin so will i get bounty again or not on that particular coin??
if i get bounty again than inflation is not controlled i think and if i am not getting bounty on my coin than i guess its not fair!!
hoping to hear from you soon!

You'll get up to 1000 HYP from your coins again and again. Inflation is controlled because there are thousands of people like you willing to get the reward, but only ~1000 winning chances per day, it's like a lottery where more lucky holders (with bigger block sizes) win. So this coin has steady emission of  700 000-900 000 HYP per day, just not to be unfair)

I like the analogy, I think it will help newcomer understand better how HYP works (and thus, make the more interested into it and thus increase the visibility and hopefully the volume). So let me improve on your already nice writing:

See HYP staking as a lottery with 960 winning chances per day (one every 90 seconds). With this particular rules
- Each of your "tickets" (blocks) have one chance to win every 90 seconds
- If it wins, it cannot win again for 9 days
- If it wins, you get up to 1000 more HYP
- If it loses, it increases its chances to win the next time
- The more "expensive" the ticket (the bigger the block), the more chances to win
- Your actual chances of winning depends on the ratio of tickets you have compared to the total number of tickets everybody has. If you keep staking and bon't buy or sell, you "run for standing still", that is your chances are always the same. But if you stop staking or sell, you have less chance to get win, because the coin production continues whilst you have relatively less tickets. On the opposite side, if you buy, you increase your chance of winning, since you increase your ratio.

This presentation voluntarily avoids any details about chances of winning, and amount of HYP rewarded. If someone wants to know this, this person is already hooked. It also avoids any explanation on how it secures the network (this is here: Network security and why it matters).

Please mention any oversight;

[nioc]

hi guys
i read and found that hyperstake only pay 1000hyp max stake bounty so if i purchase a coin from someone and put it on stake but he has already got 1000hyp on that coin so will i get bounty again or not on that particular coin??
if i get bounty again than inflation is not controlled i think and if i am not getting bounty on my coin than i guess its not fair!!
hoping to hear from you soon!

You'll get up to 1000 HYP from your coins again and again. Inflation is controlled because there are thousands of people like you willing to get the reward, but only ~1000 winning chances per day, it's like a lottery where more lucky holders (with bigger block sizes) win. So this coin has steady emission of  700 000-900 000 HYP per day, just not to be unfair)

I like the analogy, I think it will help newcomer understand better how HYP works (and thus, make the more interested into it and thus increase the visibility and hopefully the volume). So let me improve on your already nice writing:

See HYP staking as a lottery with 960 winning chances per day (one every 90 seconds). With this particular rules
- Each of your "tickets" (blocks) have one chance to win every 90 seconds
- If it wins, it cannot win again for 9 days
- If it wins, you get up to 1000 more HYP
- If it loses, it increases its chances to win the next time
- The more "expensive" the ticket (the bigger the block), the more chances to win
- The actual chances of winning depends on the number of tickets. The more tickets, the less chances of winning so the less new HYP you'll get, which is how HYP controls inflation

This presentation voluntarily avoids any details about chances of winning, and amount of HYP rewarded. If someone wants to know this, this person is already hooked. It also avoids any explanation on how it secures the network (this is here: Network security and why it matters).

Please mention any oversight;

When I first read the bolded I took it to mean the number of tickets a person has since that is the perspective of the other points.  Obviously this can't be correct and being that I am familiar with HYP I know this and was only confused for a short time.  May I suggest you clarify the point and say something like "The actual chances of winning depends on the total number of tickets everybody has.".

[kawa900jc]

See HYP staking as a lottery with 960 winning chances per day (one every 90 seconds). With this particular rules
- Each of your "tickets" (blocks) have one chance to win every 90 seconds
- If it wins, it cannot win again for 9 days
- If it wins, you get up to 1000 more HYP
- If it loses, it increases its chances to win the next time
- The more "expensive" the ticket (the bigger the block), the more chances to win
- The actual chances of winning depends on the number of tickets. The more tickets, the less chances of winning so the less new HYP you'll get, which is how HYP controls inflation

Nice metaphor of HyerStake a lottery ticket

[rocoro]

Compiled Version 1.0.7.3 from git on Ubuntu trusty

When unlocking for staking,  the minting notification icon / animation shows up at the bottom but then disappears.

When I hover in the space where its supposed to be, it still tells me that its minting, shows my current weight etc..

So, I'm assuming it still is staking.. but the icon just disappears?

Also fyi, I didn't see this problem in 1.0.7.2

[iantunc]

hi guys
i read and found that hyperstake only pay 1000hyp max stake bounty so if i purchase a coin from someone and put it on stake but he has already got 1000hyp on that coin so will i get bounty again or not on that particular coin??
if i get bounty again than inflation is not controlled i think and if i am not getting bounty on my coin than i guess its not fair!!
hoping to hear from you soon!

You'll get up to 1000 HYP from your coins again and again. Inflation is controlled because there are thousands of people like you willing to get the reward, but only ~1000 winning chances per day, it's like a lottery where more lucky holders (with bigger block sizes) win. So this coin has steady emission of  700 000-900 000 HYP per day, just not to be unfair)

I like the analogy, I think it will help newcomer understand better how HYP works (and thus, make the more interested into it and thus increase the visibility and hopefully the volume). So let me improve on your already nice writing:

See HYP staking as a lottery with 960 winning chances per day (one every 90 seconds). With this particular rules
- Each of your "tickets" (blocks) have one chance to win every 90 seconds
- If it wins, it cannot win again for 9 days
- If it wins, you get up to 1000 more HYP
- If it loses, it increases its chances to win the next time
- The more "expensive" the ticket (the bigger the block), the more chances to win
- The actual chances of winning depends on the number of tickets. The more tickets, the less chances of winning so the less new HYP you'll get, which is how HYP controls inflation

This presentation voluntarily avoids any details about chances of winning, and amount of HYP rewarded. If someone wants to know this, this person is already hooked. It also avoids any explanation on how it secures the network (this is here: Network security and why it matters).

Please mention any oversight;

When I first read the bolded I took it to mean the number of tickets a person has since that is the perspective of the other points.  Obviously this can't be correct and being that I am familiar with HYP I know this and was only confused for a short time.  May I suggest you clarify the point and say something like "The actual chances of winning depends on the total number of tickets everybody has.".

Yes, the last point should be slightly elaborated. Your personal daily chances of winning depend on the proportion of the total number of your tickets to the total number of all active tickets, i.e. blocks in all wallets that are actively staking. If you have a fixed number of tickets, and the total number of all active tickets rises, your chances decrease. If the total number of all active tickets remains fixed, but you have got more tickets, your chances go up (you'll get a bigger number of wins respectively). It's also important to emphasize that this lottery guarantees you a win (up to 1000 HYP) sooner or later, if you have an appropriate (for a given moment) block size.

[presstab]

Compiled Version 1.0.7.3 from git on Ubuntu trusty

When unlocking for staking,  the minting notification icon / animation shows up at the bottom but then disappears.

When I hover in the space where its supposed to be, it still tells me that its minting, shows my current weight etc..

So, I'm assuming it still is staking.. but the icon just disappears?

Also fyi, I didn't see this problem in 1.0.7.2

This is most likely due to the animated icons, which I don't believe are correctly ported over to QT 5+ yet.

[rocoro]

Compiled Version 1.0.7.3 from git on Ubuntu trusty

When unlocking for staking,  the minting notification icon / animation shows up at the bottom but then disappears.

When I hover in the space where its supposed to be, it still tells me that its minting, shows my current weight etc..

So, I'm assuming it still is staking.. but the icon just disappears?

Also fyi, I didn't see this problem in 1.0.7.2

This is most likely due to the animated icons, which I don't believe are correctly ported over to QT 5+ yet.

Thanks,  I figured it must be something like that
Everything else seems to be working fine

[David Latapie]

- The actual chances of winning depends on the number of tickets. The more tickets, the less chances of winning so the less new HYP you'll get, which is how HYP controls inflation

When I first read the bolded I took it to mean the number of tickets a person has since that is the perspective of the other points.  Obviously this can't be correct and being that I am familiar with HYP I know this and was only confused for a short time.  May I suggest you clarify the point and say something like "The actual chances of winning depends on the total number of tickets everybody has.".

Yes, the last point should be slightly elaborated. Your personal daily chances of winning depend on the proportion of the total number of your tickets to the total number of all active tickets, i.e. blocks in all wallets that are actively staking. If you have a fixed number of tickets, and the total number of all active tickets rises, your chances decrease. If the total number of all active tickets remains fixed, but you have got more tickets, your chances go up (you'll get a bigger number of wins respectively). It's also important to emphasize that this lottery guarantees you a win (up to 1000 HYP) sooner or later, if you have an appropriate (for a given moment) block size.

I changed for this:

- Your actual chances of winning depends on the ratio of tickets you have compared to the total number of tickets everybody has. If you keep staking and bon't buy or sell, you "run for standing still", that is your chances are always the same. But if you stop staking or sell, you have less chance to get win, because the coin production continues whilst you have relatively less tickets. On the opposite side, if you buy, you increase your chance of winning, since you increase your ratio.

Better? Notice I removed the inflation control part, I did not know how to place it.