thanks soomster, I have 4 clients running .17, ubuntu 14, and win 7, I do not have any on 8.1, will get some others to try it as well.
I downloaded it again and now it's working 100% have no clue why it didn't work the first time
Thanks!
p.s. staking is now 2.33% is it going down to zero this year? Not long ago monthly staking was over 8%
Is the reason for this that all of the FLT from old Mintpal are now staking?
Soomster - I personnaly considere that % going down is a very good sign - in few ways. First, it means that a lot of people are staking a lot of blocks, so the network get better. Then % dropping mean inflation dropping, and for investors it's a good point. In fact, we had (and still) a discussion within TeamFLT about the annualy PoS reward %. I think that it should be lowered still, to limit inflation - and attract investors. Some others think different then me, and it's fine.
Higher staking % would mean more profit right?
How can lower profit attract investors?
I'm not being negative about these things, just trying to understand them better.
Maybe you mean that more staking = less value of the coin because of the mass of the coins? and then less staking = less coins = coin harder to get and value goes up?
Yes higher staking % would logically mean more profit. However, you have to sell that to make the profit, which drives the price down, which limits your profit. I am trying to stay a little unbiased when looking at the economics on the coin, but I do like high interest, but I do see it as a problem. Coin is designed to dynamically adjust or in theory adjust based on the supply and demand issue. For instance, if the price goes to 300 this afternoon, many would move some of their stake to sell, which lowers the blocks participating, which means supply is increased, interest rises, because it has to fill the gap. When the price is level, or in decline as it is a bit at the moment, everyone just stakes and holds, which lowers the interest and supply. Now I'm not economics person, so have no idea what the end game will be, ideally it creates a more stable currency with these mechanics. We are one of the only coins with dynamic interest with this actively happening, others have it, but doesn't happen often. And others are trying to modify code to FORCE this, but FLT is adjusting as these blocks come in/out of the stake with no special requirements on users to create specifically sized blocks, roll blocks up, lots of block management.
Yes the old MP wallet is creating a large amount of block pressure, this does a few things, like provides a nice wallet that can protect the chain by not being able to be overthrown, and providing PoT on PoS pretty continuously from what I can see. However, over the next 90 days this balance is being converted to cold storage to protect the coins that are unclaimed. It's too much responsibility for me to have this in a hot wallet. Reason for 90 day plan is we are short a few million FLT to restore 100%, so I want to have in the cold wallets 100% so when someone does finally request their coins we can restore them.
