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Author Topic: [ANN][XST] Junaeth - World’s first private high performance blockchain protocol  (Read 630558 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (1 post by 0 user deleted.)
BTCwriter
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March 11, 2015, 02:09:43 PM
 #1481

I'm having this error when opening the wallet. I'm using the latest version.


Deleting all the files as instructed here;
https://stealthcointalk.com/viewtopic.php?p=85&sid=8b69590fe1c447499ec31cbf625fc656#p85
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Bavaria
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March 11, 2015, 05:33:26 PM
 #1482

Does the PoS interest I earn depends on my wallet weight?
trafficolaa
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March 12, 2015, 08:52:57 AM
 #1483

https://bitcointalk.org/index.php?topic=985422.0

go to that topic and vote for your loving Stealthcoin there.
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March 12, 2015, 12:52:13 PM
 #1484

Does the PoS interest I earn depends on my wallet weight?

the PoS % will always be -more or less-  20%/year.
to "win" the PoS Block, you need to have a good staking weight that is gained from :
1.coin-age (the more age your blocks of coins is, the more weight you will gain)
2.participation (the more often your wallet is open and participating in the network health, the more chances you will get to "win" the PoS Block)

true : someone that keep his wallet open 24/7 all year long could get in total a little more than 20% interest yearly.
same as for someone that doesn't open his wallet often, like few hours every 5-6 days, will most probably get a little below 20%

you need to keep in mind that for XST, the PoS settings are : Coin PoS age: Min. 3 days / Max. 9 days / coins stop aging at 15 days

your coins need to be confirmed on your wallet for a minimum of 3 days, then your Staking icon at the bottom right will turn on.
it's not automatic that you will start to get stakes right after 3 days, because it all depends on your wallet staking weight compared to the network weight/health.....  and no need to say that XST network is very healthy  Grin

hope that helps
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March 12, 2015, 02:19:22 PM
 #1485

Does the PoS interest I earn depends on my wallet weight?

The more important question is, would you like any A1 sauce, with your stake?  Grin
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March 12, 2015, 03:20:11 PM
 #1486

https://bitcointalk.org/index.php?topic=985422.0

go to that topic and vote for your loving Stealthcoin there.

Voted for XST with its revolutionary 3D tiled wallet
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March 12, 2015, 06:17:00 PM
 #1487

Does the PoS interest I earn depends on my wallet weight?

the PoS % will always be -more or less-  20%/year.
to "win" the PoS Block, you need to have a good staking weight that is gained from :
1.coin-age (the more age your blocks of coins is, the more weight you will gain)
2.participation (the more often your wallet is open and participating in the network health, the more chances you will get to "win" the PoS Block)

true : someone that keep his wallet open 24/7 all year long could get in total a little more than 20% interest yearly.
same as for someone that doesn't open his wallet often, like few hours every 5-6 days, will most probably get a little below 20%

you need to keep in mind that for XST, the PoS settings are : Coin PoS age: Min. 3 days / Max. 9 days / coins stop aging at 15 days

your coins need to be confirmed on your wallet for a minimum of 3 days, then your Staking icon at the bottom right will turn on.
it's not automatic that you will start to get stakes right after 3 days, because it all depends on your wallet staking weight compared to the network weight/health.....  and no need to say that XST network is very healthy  Grin

hope that helps



And what does network weight mean?

If the network staking difficulty is constantly high, I won`t earn annual 20% ?
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March 12, 2015, 06:59:14 PM
 #1488

Does the PoS interest I earn depends on my wallet weight?

the PoS % will always be -more or less-  20%/year.
to "win" the PoS Block, you need to have a good staking weight that is gained from :
1.coin-age (the more age your blocks of coins is, the more weight you will gain)
2.participation (the more often your wallet is open and participating in the network health, the more chances you will get to "win" the PoS Block)

true : someone that keep his wallet open 24/7 all year long could get in total a little more than 20% interest yearly.
same as for someone that doesn't open his wallet often, like few hours every 5-6 days, will most probably get a little below 20%

you need to keep in mind that for XST, the PoS settings are : Coin PoS age: Min. 3 days / Max. 9 days / coins stop aging at 15 days

your coins need to be confirmed on your wallet for a minimum of 3 days, then your Staking icon at the bottom right will turn on.
it's not automatic that you will start to get stakes right after 3 days, because it all depends on your wallet staking weight compared to the network weight/health.....  and no need to say that XST network is very healthy  Grin

hope that helps



And what does network weight mean?

If the network staking difficulty is constantly high, I won`t earn annual 20% ?

here's some complement of information :
(excerpted from : https://stealthcointalk.com/viewtopic.php?p=85&sid=8b69590fe1c447499ec31cbf625fc656#p85)
Code:
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 staking 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

More info about "Stake Weight" :

The more coins you have and the longer you hold them, the stronger your 'Stake Weight' grows as you compete with others on the network to sign transactions in POS blocks.
The longer you hold coins, and the more coins you stake, the bigger chance of hitting the minimum than somebody with fewer coins or somebody who obtained their coins recently.

When you successfully 'stake' a block, the coins you stake are 'spent' back to yourself and you earn a reward for 'winning' (signing) the block. The age of the coins you staked resets to zero because you spent the old coins and received new ones. You start again with very low staking weight to try to win the next block.

As time passes (minimum-age = 3days), your stake weight grows again, but in the meantime others get a chance to win stake blocks, and thus the power to sign blocks passes around the network, but always biased towards the people who have been holding more coins for long periods of time.

The problem you could see is that someone with a huge proportion of the total XST coins can have such a strong stake-weight that his weight could growth much faster than the average Joe on the network. He will sign a large number of blocks, driving up the network staking difficulty and potentially get to a position where he will always be the one staking... But there is a mechanism that prevent this and that is built into PoS coins : it is called "block-splitting". When someone stake (sign a PoS block), the coins that staked and the rewards is divided in two : each with about half the staking 'power' as the block that just staked.  So this mechanism gives other people staking XST a better chance to sign a future PoS block.

 Wink Cool
Bavaria
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March 12, 2015, 09:18:28 PM
 #1489

Thank you sir for your explanations!

So if you have a very large number of coins (for example N1 richlist who has almost 3m coins), you won`t earn annual 20% ?
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March 13, 2015, 10:56:59 AM
 #1490

Thank you sir for your explanations!

So if you have a very large number of coins (for example N1 richlist who has almost 3m coins), you won`t earn annual 20% ?

Hey Bavaria,
it doesn't matter how many coins you actually have, you'll always get 20% interest, as long as you don't move your coins around.
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March 13, 2015, 08:34:26 PM
 #1491

@gnargnar

Adult traffic manager - I wonder what this profession mean?  Roll Eyes
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March 14, 2015, 01:53:00 PM
 #1492

@gnargnar

Adult traffic manager - I wonder what this profession mean?  Roll Eyes
lol Bavaria  Cheesy
it simply means one of my occupations is to manage web traffic coming from adult websites networks. I decided to add it on my profile info simply because I know there are a lot of people in the crypto world that are currently, or used to, work in the adult web.

Meanwhile...  @cryptobeast : did you removed your sell wall? Put it back at around 2500 and I will buy a part of it  Wink
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March 14, 2015, 09:41:20 PM
 #1493

@gnargnar

Adult traffic manager - I wonder what this profession mean?  Roll Eyes
lol Bavaria  Cheesy
it simply means one of my occupations is to manage web traffic coming from adult websites networks. I decided to add it on my profile info simply because I know there are a lot of people in the crypto world that are currently, or used to, work in the adult web.

Meanwhile...  @cryptobeast : did you removed your sell wall? Put it back at around 2500 and I will buy a part of it  Wink

Bro, tell me what drives adult web guys to cryptocoins? Anonymity of e-coins or the fact that they are non-reversible?
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March 14, 2015, 10:48:30 PM
 #1494

@gnargnar

Adult traffic manager - I wonder what this profession mean?  Roll Eyes
lol Bavaria  Cheesy
it simply means one of my occupations is to manage web traffic coming from adult websites networks. I decided to add it on my profile info simply because I know there are a lot of people in the crypto world that are currently, or used to, work in the adult web.

Meanwhile...  @cryptobeast : did you removed your sell wall? Put it back at around 2500 and I will buy a part of it  Wink

Bro, tell me what drives adult web guys to cryptocoins? Anonymity of e-coins or the fact that they are non-reversible?

lol you think too far. The answer is much more simple : money.
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March 15, 2015, 03:10:26 AM
 #1495

bitcoin is steadily going up! look like cryptocurrency is here to stay and so is XST. give these guys sometime and XST going to be the best coin ever! we will seeing 50,000+satoshi pretty soon. go XST!

+1
+1
Maybe $1-$10
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March 15, 2015, 07:25:38 AM
 #1496

bitcoin is steadily going up! look like cryptocurrency is here to stay and so is XST. give these guys sometime and XST going to be the best coin ever! we will seeing 50,000+satoshi pretty soon. go XST!

+1
+1
Maybe $1-$10

price will go up $1 and than $1o but it takes too much time to reach at that price level, XST is under development and Dev team doing all the best to make this happen.
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March 15, 2015, 08:55:33 AM
 #1497

any updates soon?

i'm a big investor wanna buy 10 btc + this weekend?

i think over the analysis it's the bottom for xst now...


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March 15, 2015, 04:21:28 PM
 #1498

any updates soon?

i'm a big investor wanna buy 10 btc + this weekend?

i think over the analysis it's the bottom for xst now...


2 through 6 is being worked on

If your serious about buying 10 btc worth...I can sell you that much at a fixed price. PM me if your interested.


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March 15, 2015, 04:54:49 PM
Last edit: March 15, 2015, 06:52:29 PM by Bavaria
 #1499

Buy 9.300 XST for 70 USD with your credit card!

This is how to proceed: you buy for me an e-gift card on Zappos website that costs 70 USD and I pay you 9.300 XST.

Accepted cards:  Visa, MasterCard, Disco, Amex !


Rules:
1) Escrow accepted from any reputable escrow
2) XST will be released from escrow 5 days after you make a purchase. For next orders the period will be reduced to 2-3 days.


Other options:

10.600 XST for 80 USD
4.000 XST for 30 USD
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March 15, 2015, 07:41:12 PM
 #1500

any updates soon?

i'm a big investor wanna buy 10 btc + this weekend?

i think over the analysis it's the bottom for xst now...


Stealth WebWallet is under construction and will be completed soon.
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