Quote from: bumbacoin on January 03, 2015, 09:10:26 AM

Quote from: vancefox on January 03, 2015, 07:40:16 AM

https://github.com/GAWMiners/paycoin/blob/master/src/main.cpp

Above is the link to that actual source code for Paycoin (XPY) used for this post.

Lines 963-972:

Code:

if (primeNodeRate == 0)
   nRewardCoinYear = 5 * CENT;
   else if (primeNodeRate == 10)
   nRewardCoinYear = 10 * CENT;
   else if (primeNodeRate == 20)
   nRewardCoinYear = 20 * CENT;
   else if (primeNodeRate == 100)
   nRewardCoinYear = 100 * CENT;
   else if (primeNodeRate == 350)
   nRewardCoinYear = 350 * CENT;

Lines 1364-1400 (34 pub keys)

Code:

if (!vout[0].IsEmpty() && vout[0].scriptPubKey[0] == OP_PRIMENODE350){
   std::vector pubKeyList;
   pubKeyList.push_back("0427096f2e3123970010d97a1f0e210499435482927b12b1d6a209f0c383e03b444a244e372cad494c144b47ac3686fc4feea2aec2df3ba77f41cc27dbf8f3c4ff");
   pubKeyList.push_back("04d96b945eca3ea23e1dfd414d2a4772c66e6c7297d0d4f88b7a3b7c285931c36f16ef26299704d49bda770621d9145d96365e02380b4329aceafe7b81012bef48");
   pubKeyList.push_back("040057901e3de5e6429912047c2b5175dde2586b981397a0e434d43accf2e49c108fb3361b3957fcbbfa39930d50aeff56c690e91ffb2d953eefa46aa50fcb6917");
   pubKeyList.push_back("0486022d6dd5c8d17c411cf28add879e5c738b64090e83a43cca1699ececdb8f3524379aa71bb76a2af2d7e8294c9d7b8179d98215afe589c921e4507f63c5c802");
   pubKeyList.push_back("0436639ad108f7630881fb3af5f540ded3bb4653dab695f1716e71ea5838bcee7c238fa624bc2f1bfe0990cea4c3ee3e9f949bbc61e347b5887815eb51468b5c88");
   pubKeyList.push_back("04d04183c8caad2f41edffbabd5b6a266e886457ef0621283b3418979d841bc2425e6b273ce0ea2b461b9797a7d3edd74a4407af9995a9702018cf69df8eee6aba");
   pubKeyList.push_back("04a8b4a8c55361f37cad732da49b2bccadb9be522dd84f9c2329a7dbfaac8c5dd093b803d791719c413196694c97fcb360b7935034dcc4b1b3c2e45a39e67b8dd6");
   pubKeyList.push_back("04b7930cd8bda83097841cfa0a2b5317ecc029a512bbf056a130421ee500773f16850f74e2cbffa4e8aa2a0b0a25009ea619e49839e8608db4469de285d6ee781d");
   pubKeyList.push_back("04d0e3e0e688659d07d4510e25a9884c12931e581b8a2bcdd8ad6c4362ae219b08089761e88e17109aa6618dfca152f854e880ca66414d7f8e5d1d95e70dc95dee");
   pubKeyList.push_back("04025f944a31226086da4f0f49188bfe12d29a304986d909b00560a5f8c84c09ab0f6d0e16926d42a07eaa522dad74404ef25ca863fbd78d45ecdb6da282caf9da");
   pubKeyList.push_back("04983ebed643535907ebbea93387ca38c262778d21dab385f0d0c5dc49b66ebe54c27d9e318ea2798800a067dc3ad8e414684d477e7633f261b08522a0f81b3c5e");
   pubKeyList.push_back("04512b7f555a89e73cd1f9d5138d8e46b81c49a184e0cb7b538167e046dea93689101f076c59874c085642b33b2ad58ff1dee34ffa1d03880c0272686291bd64b5");
   pubKeyList.push_back("045f46a60dd9c3c3e68a127aee68a4ad59d303f9cfe91e2015156fe25a42687855a6de4ccb53756f06e7c3cf66e295fd84d8c3c0fd73c7cee44966aaae3d033652");
   pubKeyList.push_back("049a0e427b86663cc928d6475d0e591fd6dbaf686e2b6a140e79e646fbaa0c88481984f61de390c9fc73c9f58d2c26bd8bdadbdd400a8cc96b4d7a6f52fbe1209d");
   pubKeyList.push_back("040da5d570e39531f25ae747a1698d67470c0d7fb4941f104d081235f7425cefb95b5eca24daf80a732cb267bd13d47b62ce4102394c180b2a792216f4a087d320");
   pubKeyList.push_back("04672dbddcb26bc82028652a5ff042f98c5c5f58f7330d49ad4a22268f9a93e2cca8ce2ed7a93012b83903f4ddcef5f1a0ea5fb90df3ae38528489d9b69cd0dd39");
   pubKeyList.push_back("04fb8a251640f766ec63aee35f74f49e46b5ae7f61f7bcabe6103d13ab56086c884c525b96e10741704a3c44982aa9c6577184f0259a36f18e4ca8325ff2cd8330");
   pubKeyList.push_back("04f9644ebc672e382eb45a82e221f2ab9d5124fea1de7de2d417c863ddd760c5c778f8fe39e09e7937ac99172a3a9d0b013020c1256b935da171b66864a1e16b9c");
   pubKeyList.push_back("048a58fe8de7c123f6f816667fb1bfe6d99b9f0ac415bde1fdf4e9725fc80d2699c30b362faf992cd00edb586df9f459081c3f586becbabdd33bdd8becf31f85c2");
   pubKeyList.push_back("0475a43388b6023722d93c03128541b3877153736a9ac7f48bf1d1a37e46aa1381a450aa0a6c40e2f4e317a4212c37c18bd1cf99ea3f70ecec83c30f4ceca65201");
   pubKeyList.push_back("04bf85a4920b6fb89868fac40c4917af40546867221f2da2de84b9a9f26c569cee689c2eafe0c911c31ac88d9005badb8f32fb0650ffe2e272194ef5df162b35ac");
   pubKeyList.push_back("04e75eda3a94f74d684a7239b8c6cc056e75fba2690888855f81810c439270265f4c3c46c3aedfaff81da2dfb236e091cc36b5759e6a0513898ad443cf91ff6631");
   pubKeyList.push_back("04c62eb46a011e45f0069d8881894ac22889988b384ba7234c5caeed42d4f11d16e2ba0b55198cec0a0a710714d0602e1ccaada5284ae07fa0ae43b0cb1e7d59b1");
   pubKeyList.push_back("043d60413953d4a9e144d86390c8ddb51b674df65ce1a05a26e400b3bc27cbc55c6c6b05d5030e60dfe59101dc9614e4298c33716be751feb0d494a788e00ad627");
   pubKeyList.push_back("041c10a07fa1799e8d43d4a0b74b89614722fabcfd90dac380d170ebfddd0b5f0462e67c0704172cbe925c77c1890af68000d44fed56d628cceea6101fcaf74d38");
   pubKeyList.push_back("04640a129ecf82ed28875881c28f59bf46b82aba8e8be77ad39bb1dd0ffd7944f49da4dc3de9cac50d88763167583b030d7df0e234e8a6e9de725aa337fcb1f0ed");
   pubKeyList.push_back("04e5cba6da1d31076d42db494613e6c8587ba4252693c8d8dbcdae033479e8cab10921c147b91127ef4b36d0209a8de917f3c51fd231b07acdcce47d0ac3a14de8");
   pubKeyList.push_back("0479502526431508d1edcb054bfb49dfed971e144ff1d3d89384f1af8c95a2ee3d6f296cade67c2dfb8c43b324ed6cc079395a5ec4118f0b8c5737fe8988d4ecfc");
   pubKeyList.push_back("04048059da03e2ecca976fb0c8e8ea408ea3a8e2b45c55c9ee095011077ded701f9b8639b265e1dc1eb0ac08f990f67b99da03f4bb5c68bef182488d49f5e27762");
   pubKeyList.push_back("04f3b1f9c8b07034eb3f7f609d150561ee4ae05a1051816060974221f5c36a1e3db4b79b46146da9bae303648dbf94bf740ad41d6e3297eeae6829bd2d9f3e3a5e");
   pubKeyList.push_back("048f400e748d54d8fdf148a270adcb7aa4b73c9d49f3c8bbdf57df6a8a349c54abaae8e223bab43cb1770e8a80c00cb11904e301f32ea0aeec5d59ce8a9b9dc5c1");
   pubKeyList.push_back("04cf206b074a8da673f6b06cdbd28b82253ef4b4aeb6689745bf9e42a5d9007269b18a3ba5becfabb3a2d5f7b4e84ad9f6d6283856fc315ddf4fd8e5797a4d8be7");
   pubKeyList.push_back("04ae324ce3d313a42a76ec17f09625185c53bfa99c5f06920105291bea676220203d3f1b7c0de605c2bbcaa760a632f5b9a55dd86d8f36b6b985932d61a9a88946");
   pubKeyList.push_back("040ba9aeeff11561fa33827d17957fc40ed5b1b8d260140535e0350ba431609abf3a31166a9e014d26553520f59de730dbcf5944fb433d1abfadb3f4f30668ab48");
   pubKeyList.push_back("0416683a0796c3dfda8065c6011a61747488345bf0a0f559836104b4e9074e6c40b206797850603862baac60ba61bea930db1f2b4362c117d54472dc2a8b93bbd4");

Lines 1424-1435 (10 pub keys)

Code:

}else if (!vout[0].IsEmpty() && vout[0].scriptPubKey[0] == OP_PRIMENODE100){
   std::vector pubKeyList;
   pubKeyList.push_back("046ebc739ff7d6a0dbb3ae9bb9260a17b9d2fc40ca77d9c018784834ef863414c17b4fd3a580d9721ec0ee12c823f1eb48821b8135cd32aee26ba3be9cb22f7a31");
   pubKeyList.push_back("04ffcd9e3acffbd40d6472f354e76f03a5c806623a5fbe341796b92e71ad59f5c4a4ad5f04c4fe7d6e50f6546d361a06020f8670eae020e8a7a1d036155e75d10a");
   pubKeyList.push_back("04a61c5b67927c4a0389baa1089a87a93d60fbf15cc345823097245d0c331525d273a03544720f3a4e8f9afb443793f3ea595d5f0af7e17d764385750a9eb54d19");
   pubKeyList.push_back("04f9f78f1dcdb6f76ba0a962aba3058a605691e2ecd63e16b5e0e39d19c5821f8eda421d06b4bf1159bcee989f01b273a4337ba0bc9fc749ef35c32e6e4a7bc1e9");
   pubKeyList.push_back("0444b7d2aa1b9c74710325735df89692d1fa686a3a67d95462cbf4cb0d8f47eb9ac18da92bcce99b58e1be020c36736d9a1f85fa191c2ddcc779c53c4ede7c73b9");
   pubKeyList.push_back("0426bbbd25a4dc0a295b64d4f1d3787d39cba04534109cd145c5229a8cc3285d097462131dd6fa1968eb510d53fee8a012250390ef6149c2003784f5585fef97a2");
   pubKeyList.push_back("04ab438d669c7ed7db2e0eef61bd7ae4937ac32347d39adfb204f4d6e4e2a5adfa4548f69dc4cdc2ff3da0506e9382f69175138163328d445f110081dfa5d5d416");
   pubKeyList.push_back("04406932519cd5e47333a049922eb8bcddc6b722c31440f36ca2851e119314b375914b08c635837e47c7cbf6ace95acbadee62acb054551bc4255c81d03c485e95");
   pubKeyList.push_back("0454d677fbe06d5f56920db9bd124015edfd1fb32786c88a1a15cf0a84204d4386bd48fb31239eb3e594b13ca952b3c5f25aca9f3f702ad5b0120160dc355a6fbd");
   pubKeyList.push_back("0452f030183dffd2b53d639b16488bd451ba2dc9d1791464300f28abf5414036530735b6a8de119443e3875f2e67514b6b2678ed3966629d354e6aabdb8251ed19");

Lines 1459-1462 (2 pub keys)

Code:

}else if (!vout[0].IsEmpty() && vout[0].scriptPubKey[0] == OP_PRIMENODE20){
   std::vector pubKeyList;
   pubKeyList.push_back("04ce27308191e2e0274459bb191ba2cb93ef4dc8a838e8e8310083fcf7e2be9c7c20b3b15e2dc2a1482275ee55138c2350771231b00d7740e1e495269987faa24b");
   pubKeyList.push_back("04311cc5333eeadbb3b18f6c70832df159796b1872bfa66bf214030ced65f8a33c4c6b4da48ffebb111a09129b337c9ed5129256995a4fa315fab3b81666cf2bad");

Lines 1487-1491 (3 pub keys)

Code:

}else if (!vout[0].IsEmpty() && vout[0].scriptPubKey[0] == OP_PRIMENODE10){
   std::vector pubKeyList;
   pubKeyList.push_back("0428588850c9361e7f5848807ef40ac839d5cd664db6183cbc53f63b0e8682a5b4b6caa6782db2b314e3cab43503f05df280b9e98e82b2235a00e4dd24997b49a0");
   pubKeyList.push_back("04bf2832da17137215912a1173b3ad2675e1b03c4df22bb93f2f2fdb92bdd0097e0a267d8813799fe335d1b80ff23fa48809dea4517211b48eacadc85147d5c643");
   pubKeyList.push_back("04c8ad33bb094d7bee52ec9d08e4eea8ef33d49c1d871e6a4ee56f2fd6f44bb87a28a903bf1306cd855c4fa19baa42d604e2f6aa571b4a6a603ab7769162e7fcb8");

What does this mean? Well.. it means that there are 34 pub keys associated with "prime nodes" which stake @ 350%/yr. Yes... that isn't a typo. Prime nodes have a minimum quantity of 125,000 XPY and, for ease of calculation and playing it conservatively, we'll assume all address have this amount.

So... according to https://chainz.cryptoid.info/xpy/#!rich there are 51 prime address. Since there are 49 pub keys associated with higher than 5% staking rates we have to assume, and have found to be the case at least according to the richlist, 4 addresses will stake at 5% like the rest of the plebs (balances found below in edit).

125,000(.05)(4)+125,000(.1)(3)+125,000(.2)(2)+125,000(1)(10)+125,000(3.5)(34) =

25,000+37,500+50,000+1,250,000+14,875,000= 16,237,500

So that's an additional, after one year, 16 million two hundred thirty seven thousand five hundred coins just from the "Prime Nodes" in additional coins added to the blockchain. That does not take into account anything else except the "Prime Nodes".

Hyperinflation will take care of this coin on it's own.

If I'm wrong, please feel free to correct me.

EDIT: Edited due to faulty rich list. Further digging shows that there are 49 prime nodes to match the 49 pub keys. The additional 2 must have been a coding or mathematical fault. There are, however, 4 wallets with balances higher than all 49 of the prime nodes, shown below this. For the purposes of easy math, I have adjusted the 5% staking above to 4 instead of the original 2 even though the actual staking will be much, much higher on three of these wallets.

Quote

PBiDXHVY... 1,603,571.0 XPY
PLZjt3Zc... 1,353,571.0 XPY
PH1x6Qyf... 1,183,571.0 XPY
PUCrJLeA... 154,572.2 XPY

that's not how % staking works.
to put it really simply,

imagine a coin count of 10mill, and one particular input value of 125k - with one block per year (365day blocktime)

that one input would stake at 350%. so it would return 437500.
so while the staking interest is 350%. the total inflation rate would be 437.5k/10,000,000 = 4.375%

AND if there were two inputs worth 125k with 350% interest. only one would actually stake.

HOWEVER if block time was two a year. it's plausible that both could stake. however as interest is worked out pro.rata , they would only generate 175% interest each (350% /2 blocks per year)
annual interest would still be at 4.375%

BUT (still sticking with 350%) if one 125k block staked and a 15k block staked, then annual interest would actually be lessened
(125000*1.75 + 15000*1.75)/10,000,000 = 2.45%

quite plausibly my maths is wrong

lol.
==
obviously a coin staking every 2 minutes? will result differently.
but the important thing is. that the only way a particular node would actually generate 350% interest would be if it staked every single block ever.

** edit
compounding would only work if the minted coins were to be added to teh original staked coins.
i dont know how that trick works

but i've seen three different ways for coins to mint.
1) the minted coins become a separate input.
2) the minted and staked coins get accumulated then divided into two separate outputs eg roughly 50% each
3) the minted and staked coins are accumulated into a single input

nCoinAge is taking care of staking at different blocks. There is no need to stake at every block. Read my post abobe. Your calculations are misleading. Effective annual rate for primes is above 3000%