statdude
Legendary
 Offline
Activity: 1498
Merit: 1000
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July 13, 2015, 01:56:44 AM |
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LOL google translate version of chinese ANN shows up as [VNL] Wayne Credits | random port | quick confirmation | DarkPP / MinerPP / CoinPP From now on, it's Wayne Credits to me  |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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63296310
Sr. Member
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Activity: 313
Merit: 250
Changing avatars is currently not possible.
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July 13, 2015, 02:55:23 AM |
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LOL google translate version of chinese ANN shows up as [VNL] Wayne Credits | random port | quick confirmation | DarkPP / MinerPP / CoinPP From now on, it's Wayne Credits to me a u chinese? |
Dsb6Mc9TgGV1i3rzcbQeuWMni6Ve2sbXP2G
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statdude
Legendary
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Activity: 1498
Merit: 1000
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July 13, 2015, 05:40:39 AM |
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LOL google translate version of chinese ANN shows up as [VNL] Wayne Credits | random port | quick confirmation | DarkPP / MinerPP / CoinPP From now on, it's Wayne Credits to me a u chinese? No i am not, however i've been to china and really enjoy working with chinese people, thats why i'd be interested in helping with marketing to chinese |
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63296310
Sr. Member
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Activity: 313
Merit: 250
Changing avatars is currently not possible.
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July 13, 2015, 05:54:56 AM |
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LOL google translate version of chinese ANN shows up as [VNL] Wayne Credits | random port | quick confirmation | DarkPP / MinerPP / CoinPP From now on, it's Wayne Credits to me a u chinese? No i am not, however i've been to china and really enjoy working with chinese people, thats why i'd be interested in helping with marketing to chinese yep，I am chinese，I also like to work with foreigners。Vanilla let us gather together, lol |
Dsb6Mc9TgGV1i3rzcbQeuWMni6Ve2sbXP2G
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hrbt
Legendary
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Activity: 1414
Merit: 1005
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July 13, 2015, 07:10:11 AM |
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there is no hype yet silence is good low buying is great  keep up the good work cheap sellers. When masterpiece will be released price will go 100x or 500x this is the most perspective project and investment for me after DRK and BLK last year |
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Bavaria
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July 13, 2015, 08:02:01 AM |
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Is VNL`s tech superior than XMR`s one?
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chinook
Member
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Activity: 92
Merit: 10
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July 13, 2015, 08:52:12 AM |
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Is VNL`s tech superior than XMR`s one?
more superior over any current coins code. |
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anhpt192
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July 13, 2015, 09:46:16 AM |
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Is VNL`s tech superior than XMR`s one?
i don't know, but i hold all my mined VNL and buying some more. |
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goldmaxx
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July 13, 2015, 10:30:26 AM |
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Your post made me smile... When you say there is no hype yet, but hyping things up by saying VNL will do a x100/x500  there is no hype yet silence is good low buying is great keep up the good work cheap sellers. When masterpiece will be released price will go 100x or 500x this is the most perspective project and investment for me after DRK and BLK last year |
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Gillette
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July 13, 2015, 11:28:52 AM |
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Your post made me smile... When you say there is no hype yet, but hyping things up by saying VNL will do a x100/x500 there is no hype yet silence is good low buying is great keep up the good work cheap sellers. When masterpiece will be released price will go 100x or 500x this is the most perspective project and investment for me after DRK and BLK last year hrbt is a typical troll. Look at his post: https://bitcointalk.org/index.php?topic=836009.msg11692095#msg11692095 |
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Za1n
Legendary
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Activity: 1078
Merit: 1011
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July 13, 2015, 04:01:21 PM |
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More Staking Questions
Ok, so I read on official forum a response that seemed to imply staking could happen anytime between 8 hours and 365 days. So I get that it is a random event somewhere in that time-frame.
Now my question relates to how long do I need to keep my wallet open. I realize no staking will occur if I do not have the wallet open, but say I close it and don't open it for a month, or a year. Will it then have the same chance of staking? So hypothetically, say I don't open my wallet for 365 days, according to my interpretation of that the post I would be guaranteed it to have it stake at that point?
I guess I am just trying to understand if there are any negatives to not keeping the wallet open 24/7.
Thanks
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traumschiff (OP)
Legendary
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Activity: 1498
Merit: 1001
180 BPM
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July 13, 2015, 04:11:20 PM
Last edit: July 14, 2015, 06:01:11 PM by traumschiff |
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More Staking Questions
Ok, so I read on official forum a response that seemed to imply staking could happen anytime between 8 hours and 365 days. So I get that it is a random event somewhere in that time-frame.
Now my question relates to how long do I need to keep my wallet open. I realize no staking will occur if I do not have the wallet open, but say I close it and don't open it for a month, or a year. Will it then have the same chance of staking? So hypothetically, say I don't open my wallet for 365 days, according to my interpretation of that the post I would be guaranteed it to have it stake at that point?
I guess I am just trying to understand if there are any negatives to not keeping the wallet open 24/7.
Thanks
Staking is a reward on securing the network. If you don't secure it you won't get rewarded. You won't gain netweight if you keep your wallet closed. Closing your wallet from time to time won't reset your chances to stake, but won't help you either (got corrected here https://bitcointalk.org/index.php?topic=977245.msg11879255#msg11879255). No one can tell you the exact time to stake because it has a lot of factors calculated in. Staking isn't random, but a lot of things matter like: number of transactions from wallet, number of coins, coinage, etc. My mobile wallet started staking after a week with several thousand coins, if you only own 100-1000 or a similar smaller amount don't expect to stake in a week. After the first stake it stakes more frequently though. |
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groggin
Legendary
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Activity: 1894
Merit: 1001
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July 13, 2015, 04:56:59 PM |
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More Staking Questions
Ok, so I read on official forum a response that seemed to imply staking could happen anytime between 8 hours and 365 days. So I get that it is a random event somewhere in that time-frame.
Now my question relates to how long do I need to keep my wallet open. I realize no staking will occur if I do not have the wallet open, but say I close it and don't open it for a month, or a year. Will it then have the same chance of staking? So hypothetically, say I don't open my wallet for 365 days, according to my interpretation of that the post I would be guaranteed it to have it stake at that point?
I guess I am just trying to understand if there are any negatives to not keeping the wallet open 24/7.
Thanks
You won't gain netweight if you keep your wallet closed. that's exactly 100% wrong sir! min stake age = 8 hrs means you have zero stakeweight for the first 1/3 day the coin is in it's new address max = 365 days means that after being in that same addy for a year they are at max weight coins gather age/weight as long as they are not moved to another addy, which resets the timer, wether wallet is on or offline, so, keeping it online 24/7/365 is best, that way your stake income will compound. but it will work fine if you only bring it online once a year too, just you'll make a little less stake. @ Za1n - if you want to learn more about PoS check out the HBN thread and their wiki |
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hrbt
Legendary
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Activity: 1414
Merit: 1005
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July 13, 2015, 07:56:40 PM |
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Gilette sell all your bags of VNL and go fudding away i'll be a rich troll soon you just watch and learn |
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Za1n
Legendary
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Activity: 1078
Merit: 1011
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July 13, 2015, 08:12:05 PM |
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@ Za1n - if you want to learn more about PoS check out the HBN thread and their wiki Thanks for pointing me to the HBN wiki, that was more the type explanation I was looking for regarding staking. I think the OP for Vanillacoin should include a better explaination of such features, as we are not all experts with these concepts. |
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traumschiff (OP)
Legendary
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Activity: 1498
Merit: 1001
180 BPM
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July 13, 2015, 10:11:51 PM |
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@ Za1n - if you want to learn more about PoS check out the HBN thread and their wiki Thanks for pointing me to the HBN wiki, that was more the type explanation I was looking for regarding staking. I think the OP for Vanillacoin should include a better explaination of such features, as we are not all experts with these concepts. Thank you for pointing that out, will look into adding more information about POS |
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koralon
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July 13, 2015, 10:29:50 PM |
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@ Za1n - if you want to learn more about PoS check out the HBN thread and their wiki Thanks for pointing me to the HBN wiki, that was more the type explanation I was looking for regarding staking. I think the OP for Vanillacoin should include a better explaination of such features, as we are not all experts with these concepts. Thank you for pointing that out, will look into adding more information about POS How about removing/editing your earlier reply because it's completely false and might spread wrong information? |
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MemoryShock
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July 13, 2015, 10:48:24 PM |
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That is a bit harshly worded...I have been here for quite awhile and think that POS is a mild mystery depending on coin specific factors....but accurate information is important...
*Balancing civility and technical accuracy...better usernames than me have tried
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Bavaria
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July 14, 2015, 08:00:29 AM |
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Is VNL`s tech superior than XMR`s one?
more superior over any current coins code. Any proof? |
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traumschiff (OP)
Legendary
Offline
Activity: 1498
Merit: 1001
180 BPM
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July 14, 2015, 08:44:09 AM |
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@ Za1n - if you want to learn more about PoS check out the HBN thread and their wiki Thanks for pointing me to the HBN wiki, that was more the type explanation I was looking for regarding staking. I think the OP for Vanillacoin should include a better explaination of such features, as we are not all experts with these concepts. Thank you for pointing that out, will look into adding more information about POS How about removing/editing your earlier reply because it's completely false and might spread wrong information? fyi John wrote on IRC that you can help the POS get rolling with doing lots of smaller deposits (next to big ones) into the wallet. Which part would you like to get removed? |
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