StealthDevs (OP)
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July 28, 2014, 10:44:56 PM Last edit: July 28, 2014, 11:01:41 PM by StealthDevs |
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Can someone please explain exactly what this means?
Coin PoS age: Min. 3 days / Max. 9 days / coins stop aging at 15 days
I understand the more coins we have, the more steaking power we have, but not sure how the max 9 days, 15 days etc come into it.
- Coin (input) is eligible to stake 3 days after the transaction that put it in your wallet.
- Every second it gets a better and better chance to mint as it gets older.
- But at 9 days after sitting in your wallet, the chances get no better.
- Every second your coin will earn more and more interest once it mints.
- But at 15 days, the potential earnings are capped. That means you can't open your wallet after 365 days and earn 20% interest. The most interest you will earn on an input is 0.822% (20% * 15 / 365).
- So if you open your wallet every six months to stake, you'll earn just over 1.65% interest (1.00822 * 1.00822).
- If you open it every 3 months you'll earn about 3.3% interest.
- If you open it every 45 days, you'll earn about 6.7% interest.
- If you open it every 22.5 days, you'll earn about 14% interest.
- More frequently than that, you'll approach compounding to nearly 22% (based on a nominal APR of 20%).
The last calculation goes like this: (1 + (0.20 * 3 / 365.0))**(365.0/3) - 1
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STEALTH | XST | stealth.org
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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StealthDevs (OP)
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July 28, 2014, 11:07:15 PM |
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STEALTH | XST | stealth.org
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copychicken
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July 28, 2014, 11:37:25 PM |
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i really like that there is not much sell orders in bitrexx... whales cant pump and manipulate it... ahahahah
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EmilioMann
Legendary
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Activity: 2184
Merit: 1028
#mitandopelomundo
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July 28, 2014, 11:37:57 PM |
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NIIIIIIIIIICCEEEEEEEEEEEE !!! TO THE MOOOOOOOOONNNN \O/
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EmilioMann
Legendary
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Activity: 2184
Merit: 1028
#mitandopelomundo
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July 28, 2014, 11:59:44 PM |
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TrekRider
Newbie
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Activity: 56
Merit: 0
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July 29, 2014, 12:00:35 AM |
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Twitter this please !!
Check the feed my friend. Multiple tweets out already.
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Bergmannx
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July 29, 2014, 12:13:34 AM Last edit: July 29, 2014, 12:26:49 AM by Bergmannx |
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You got the block explorer ready on October 16th? That's ridiculous. Edit: Block explorer is there.
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Bergmannx
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July 29, 2014, 12:21:26 AM |
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Misinterpreted that picture. No need to become infantile.
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Jesse Livermore
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July 29, 2014, 12:24:12 AM |
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Very impressive. Aug. 1st? Gotta do more DRK -> XST converting ASAP.
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I own a DASH Masternode.... And you should too.
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StealthDevs (OP)
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July 29, 2014, 12:30:05 AM |
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We made two transactions totaling 50,000 XST to the designer responsible for the new look, the roadmap, and the soon-to-be-released website.
Address: S6jfqmC4uLeisXi8y3PdcGyedL9Lpwi14x
TXIDs: 82a36beeea6e6f4cd338da2a0627daa90e0d8780cbc6446b6a44801d7f06235d 0351189385f659eede839bbf1173f2586f2164dfb101e07617d969be1cf69039
These transactions have been entered in the ledger and OP.
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STEALTH | XST | stealth.org
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statdude
Legendary
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Activity: 1498
Merit: 1000
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July 29, 2014, 12:31:42 AM |
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We made two transactions totaling 50,000 XST to the designer responsible for the new look, the roadmap, and the soon-to-be-released website.
Address: S6jfqmC4uLeisXi8y3PdcGyedL9Lpwi14x
TXIDs: 82a36beeea6e6f4cd338da2a0627daa90e0d8780cbc6446b6a44801d7f06235d 0351189385f659eede839bbf1173f2586f2164dfb101e07617d969be1cf69039
These transactions have been entered in the ledger and OP.
Updated tx sheet. https://docs.google.com/spreadsheets/d/12c3epSe7QskI7q8aX6WQmoyRMhewTMx0nJqnmiVbdGs/edit#gid=0
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krixzaok
Member
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Activity: 60
Merit: 10
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July 29, 2014, 12:55:03 AM |
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Houston permission to take off!
To the MOON!
o/
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EmilioMann
Legendary
Offline
Activity: 2184
Merit: 1028
#mitandopelomundo
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July 29, 2014, 01:03:29 AM |
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We made two transactions totaling 50,000 XST to the designer responsible for the new look, the roadmap, and the soon-to-be-released website.
Address: S6jfqmC4uLeisXi8y3PdcGyedL9Lpwi14x
TXIDs: 82a36beeea6e6f4cd338da2a0627daa90e0d8780cbc6446b6a44801d7f06235d 0351189385f659eede839bbf1173f2586f2164dfb101e07617d969be1cf69039
These transactions have been entered in the ledger and OP.
Excellent work from designer! Good price!
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objectofawareness
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July 29, 2014, 01:20:13 AM |
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These devs mean business and have been transparent from the beginning. It's time for XST to take it's place among the top coins. Thanks for the roadmap.
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cryptoholic11
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July 29, 2014, 01:22:54 AM |
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Thank God with an active determined dev team and community. A breath of fresh air amidst a pile of recent scams. Buying more XST in last few days was the only good decision I made in the past week.
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SecondsOld
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July 29, 2014, 01:23:41 AM |
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Stealth is on a rocket right now...this is the place to be!
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