[ANN] Snowballs | ONE MORE HARD FORK to BALLS 2.0.2 | BALLS/MMXIV Market OPEN

[qiwoman2]

about to get interesting block 80k is approaching quickly

Just about 6000 blocks to go

About 3 days left, then the ride get wild....lol

How frequent does the rich list updates?

Less than 2 days, I'd guess, until the fork

It updates pretty often

what will happen then?

A lot

so is it a good time to buy a few more balls now?

[iGotSpots]

so is it a good time to buy a few more balls now?

If you like to stake

[anticlimax]

Should work out to 50% more coins staked roughly, per day, for 2-3 days once we hit block 80k.

[aarqa]

Staking is just like mining. Just because you are eligible to stake doesn't mean you will immediately. This is not unique to BALLS, it is how every coin works

i stake a few other coins, im not saying it had to stake 24 hours on the dot, but 3-4 days as appose to 1? im guessing my assumption is right in that it has to do with the difficulty

If you only stake once every few days, you will stake for a much larger amount than if you staked everyday. Stake weight is based on amount of coins and coinage

The staking yield is calculated on a per year average. Trying to monitor it day to day will be frustrating and inaccurate

I'd rather it staked every day.  Compound interest adds up.  Compounding more often adds up faster.

[Zebedee23]

new to balls & fairly now to POS ,my wallet started staking then i sent some more balls to my wallet and now 'not staking because you dont have mature coins.' So does receiving coins reset coin age?? if so should i receive coins on a different address in future??

[Rantzbitz]

new to balls & fairly now to POS ,my wallet started staking then i sent some more balls to my wallet and now 'not staking because you dont have mature coins.' So does receiving coins reset coin age?? if so should i receive coins on a different address in future??

No. You should receive a stake reward for those new coins you've sent when they mature.
The others already in your wallet will continue to stake.

I've sent newly purchased coins to my wallet more than once and i now receive stake rewards up to 10 times a day, varying amounts depending on the amount being staked. (Not my overall balance, but a certain amounts that i've deposited). From what i understand, if i we're to withdraw my entire balance to a new address, then that complete balance will now stake, and my rewards would be limited to once daily if lucky.

[shimlbit]

is there a new wallet for the fork or can we use the old one

[Rantzbitz]

is there a new wallet for the fork or can we use the old one

Update your wallet.
New wallet link is in the OP
V. 1.0.4.0

[iGotSpots]

https://bitcointalk.org/index.php?topic=868657.0

BALLS is a scam now, didn't you hear!?

 

[kyma]

does blocksize matter for these puppies?

[Zebedee23]

it'd be cool if wallets had a sound whenever a block was made, like  ker chingggg

[iGotSpots]

it'd be cool if wallets had a sound whenever a block was made, like  ker chingggg

I could see that getting really annoying lol

[BlindMayorBitcorn]

https://bitcointalk.org/index.php?topic=868657.0

BALLS is a scam now, didn't you hear!?

 

I saw that

[iGotSpots]

https://bitcointalk.org/index.php?topic=868657.0

BALLS is a scam now, didn't you hear!?

 

I saw that

Lol yea. So inaccurate it's not worth arguing

[BlindMayorBitcorn]

https://bitcointalk.org/index.php?topic=868657.0

BALLS is a scam now, didn't you hear!?

 

I saw that

Lol yea. So inaccurate it's not worth arguing

TBH I don't really follow altcoins anymore. Too busy trolling here, observing walls and whatnot.

Anyway...Please excuse the bump.

Good luck with your cryptocurrency. If you make it to Cryptsy give Horus a bro hug for me

[iGotSpots]

https://bitcointalk.org/index.php?topic=868657.0

BALLS is a scam now, didn't you hear!?

 

I saw that

Lol yea. So inaccurate it's not worth arguing

TBH I don't really follow altcoins anymore. Too busy trolling here, observing walls and whatnot.

Anyway...Please excuse the bump.

Good luck with your cryptocurrency. If you make it to Cryptsy give Horus a bro hug for me

I'll take a free bump anytime lol thanks, it's been going well. I'm mad at Cryptsy right now, though

[SpeedDemon13]

Yearly yield from staking will be changed. At block 80,000, it will start increasing by 1% per block (starting at the original 5000%), hitting 10000% at block 85,000. At this point it will begin dropping 1% per block, hitting 1000% at block 94,000 and staying at 1000% afterwards. This will still keep us as the highest staking coin on the market without relying too much on transactions fees

Speaking of transaction fees...we actually had come up with 4 very interesting solutions to help with inflation control. The only problem with all 4 of these ideas was how it would be handled on exchanges. It has to do with fees being based on both inputs and outputs and would just cause a headache for anyone who has to calculate them. Not only this, but to fix the exchange solutions would open up vulnerabilities to get around paying any fees at all using raw transactions. So unfortunately, we are leaving fees as they are. At the end of the rollercoaster, staking yield will be cut to 20% of the current new supply


....

Wouldn't Balls be the 3rd highest staking coin after block 94k? MMXIV would be top at 2014% and XQN would be second at 1618%.

[ThePeePs]

The MultiPool is doing well, the last sha256 shift closed out with payout of  8784.9279 BALLS! (that's almost a 1/4 of a BTC at current prices).


Lets see some more hash!

[iGotSpots]

Yearly yield from staking will be changed. At block 80,000, it will start increasing by 1% per block (starting at the original 5000%), hitting 10000% at block 85,000. At this point it will begin dropping 1% per block, hitting 1000% at block 94,000 and staying at 1000% afterwards. This will still keep us as the highest staking coin on the market without relying too much on transactions fees

Speaking of transaction fees...we actually had come up with 4 very interesting solutions to help with inflation control. The only problem with all 4 of these ideas was how it would be handled on exchanges. It has to do with fees being based on both inputs and outputs and would just cause a headache for anyone who has to calculate them. Not only this, but to fix the exchange solutions would open up vulnerabilities to get around paying any fees at all using raw transactions. So unfortunately, we are leaving fees as they are. At the end of the rollercoaster, staking yield will be cut to 20% of the current new supply


....

Wouldn't Balls be the 3rd highest staking coin after block 94k? MMXIV would be top at 2014% and XQN would be second at 1618%.

Yea, I changed it. Wrote that a while ago

[iGotSpots]

The MultiPool is doing well, the last sha256 shift closed out with payout of  8784.9279 BALLS! (that's almost a 1/4 of a BTC at current prices).


Lets see some more hash!

Need more hashhhhhhhhhhh!!!!