[ANN] $XQN Quotient Financial Network | PoW Scrypt, PoS Blake-256 | UPDATE NOW

[CedricQuotient]

i really wish they would fix richlist so we can see who is buying the coins

The block explorer with the rich list appears to have been broken since we switched from PoW to PoS.  I will get a all-new-code rich list up on dfx.io.

[jt byte]

Sometimes the wallet takes a long time to sync

[myagui]

I ask this.
If the max stake is 618 per stake reward. What is the engineered number for that ?
The 14k per wallet is what you need to receive a 618 per day from interest.
I get multiple stakes a day at 100-200 does this mean that potentially everyone of those can go to 618 ?
If that is the case the number of 14000 is irrelevant, that is just what gives you 618 per day not per stake ?
Does this make sense ?
What number gives me 618 per stake is what investors want.

What investors want, is not what investors need...

- Stake rewards are based on the time that coins have spent maturing (since confirmed, and not moving around).
- The staking rate on XQN is 1618% yearly, which give or take equals 4.4328% per day.
- There is a luck component in staking, that affects how fast you stake, but not how much you stake.
- On average, big blocks stake faster, small blocks stake slower. The reward % is the same for both.

A couple of examples should help.

Case 1: You have a block size of 10000 XQN, confirmed and matured for 24 hours.
Let's say this block stakes exactly at 24 hours of maturity.
Your stake reward will be 4.4328% of 10000, thus 443.28 XQN.

Case 2: You have a block size of 20000 XQN, confirmed and matured for 24 hours.
Let's say this block stakes exactly at 24 hours of maturity.
Your stake reward will be capped at 618 XQN. You wasted some stake value, because 4.4328% of 20000 is in fact 886.56, but this amount exceeds the maximum stake reward allowed.

A smart investor will want maximum rewards.
Those are achieved by staking fast, and not wasting stake value.
Conservatively, this is achieved by a block size of 14000 XQN. A slightly larger block is also reasonable, but will risk hitting the maximum stake reward if it happens to not be favored by the luck factor.

Note that a single wallet and a single address, is perfectly sufficient as far as storing multiple blocks in whatever sizes one desires. If you need some help splitting blocks or doing input control, I'd recommend you to join IRC, #quotient @freenode, and ask for guidance there.

Hope this makes a bit more sense.
Happy Staking!

[jt byte]

Sometimes the wallet takes a long time to sync

I did finally get the wallet to sync
I really think this is a long investment coin.

[Farndogg]

Sometimes the wallet takes a long time to sync

I did finally get the wallet to sync
I really think this is a long investment coin.

I agree, this and XAI look like awesome coins to me. I havn't been this pumped in a while. Looking forward to the coming weeks and months.

[SpeedDemon13]

What is the ratio of XAI to XQN that XQN holders are going to get after the snapshot?

[idol]

i keep getting ssl handshake failed pop up..

what is that?

[kyma]

for the record mac client sucks. really bad graphics issues. client flashes all the time and appears to be non responsive. apparently it is working just fine in the background underneath all the frozen crappy GUI.... because every once and a while I close it or it crashes and when I open it back up I can see everything I staked while the interface was nonresponsive.

i keep getting ssl handshake failed pop up..

what is that?

Why is this solution not posted to the ANN OP yet!? Every time I check in here someone is asking why they keep getting error messages. I remember it being a simple fix. Seems like if this is such a prevalent issue it should be clearly posted in the ANN for anyone troubleshooting.

QUESTION: is there some some snapshot this weekend for sapient?

[myagui]

QUESTION: is there some some snapshot this weekend for sapient?

The snapshot is in a few hours. Tonight, not this weekend.

http://forums.dfx.io/index.php?topic=11.0

Happy Snapshooting!

[kyma]

QUESTION: is there some some snapshot this weekend for sapient?

The snapshot is in a few hours. Tonight, not this weekend.

http://forums.dfx.io/index.php?topic=11.0

Happy Snapshooting!

excellent thank you

[kyma]

A smart investor will want maximum rewards.
Those are achieved by staking fast, and not wasting stake value.
Conservatively, this is achieved by a block size of 14000 XQN. A slightly larger block is also reasonable, but will risk hitting the maximum stake reward if it happens to not be favored by the luck factor.

just wanted to put it out there that with about 10000XQN even less I've still hit the cap stake limit... in hindsight, this may have been due to not having the client open 24hrs/day

[myagui]

just wanted to put it out there that with about 10000XQN even less I've still hit the cap stake limit... in hindsight, this may have been due to not having the client open 24hrs/day

Very good point. I think I mentioned this aspect in some earlier post about staking, but not this last one. A wallet that is not open/staking 24/7, will have tremendous influence over the stake chances. With large enough blocks (or high enough difficulty, not yet the case), one will easily have capped rewards.

[HunterS]

has snapshot been taken

[trader19]

if you didn't know XQN richlist is online..  
Source: http://forums.dfx.io/index.php?topic=19.msg41#msg41

Direct Link: http://www.blocktree.io/richlist/XQN
                  http://www.blocktree.io

[Jwtech]

This makes me happy  Good job to everyone in the community too.

[thefix]

Seeing that ssl error pop up on all new installs now on windows 8 and 7

Would be nice to have a basic wallet for staking in addition to the one with all the bells and whistles.

[vegasguy]

Earn a return on your invested XQN coin when you invest in the dice. We need more players and an active community. With the new invest feature you get 90% of the site earning shared amount all the investors. The more you have invested the higher the % you get to keep. Check it out. Some of the other coins are doing very well and some users are making nice profits. We also have a chat box to talk to the other users.


Come invest and play!

https://luckyalt.com/xqncoin

So I sent 4400 coins to the dice site and invested those. It said "you are supplying 77.6%". I dont know what this means. Can you please explain? Also am I losing my regular 4%+ interest per day I get from POS? Please explain. Also how often will it show profits. Is it everytime someone rolls, or does it change every 24 hours?

Also the top line says invested "5373", yet I only sent 4400 coins. Please explain.

Vegas

[lopper369]

why do i keep getting "SSL handshake failed" error seems to happen when I should get my interest

[lopper369]

but I never get it its like it just resets was working fine since launch then nothing for a few days dont see a new wallet 

[lopper369]

FYI could be another programe causing probs but not sure