Post
Topic
Board Announcements (Altcoins)
Re: [RE-ANN][TRK] ★ Truckcoin ★ Pure PoS ϟ 200% interest per year ϟ Wallet v0.9.8.0
by
*Sakura*
on 22/02/2015, 16:59:59 UTC
@noise23 , may i know why the 2 wallets , trk and tek both done by you . but stake diffently. tek wallet now flawless stakes in mins. but trk still need hours ? thanks for the wonderful work on the tek wallet


This is due to the difference in networks difficulty and because of the PoS reward/block limit in TRK.

1. TRK network difficulty is currently 0.4, whereas TEK network difficulty is 0.0004.
2. TRK has PoS reward/block limit: 200 TRK per block. Therefore, the recommended size of the blocks here is 2000-3000 coins. TEK hasn't such limitation. Therefore, the TEK block size may be even 200k coins.

Also here diffent min coinages: 9 days in TRK and 30 days in TEK.

Now think: which one will stake first:
1. 2000TRK block with 9 days age and difficulty 0.4
or
2. 200000TEK block with 30 days age and difficulty 0.0004?

Do not answer, a rhetorical question.

These are two different systems and compare them is wrong. But, in my opinion, the TRK network has become more secure after the PoS reward limitation.

but the truck wallet will split the block after stake , correct cause it over the limit size of 220.
that means we must do it manually , and glue the block to larger size?


Starting from v.0.9.7 TRK wallet has -splitthreshold option, which allows you to set a splitthreshold. So, do not need to do anything manually. Just set a splitthreshold to 300(once) and enjoy:

New features:

# On Thursday, 18 Dec 2014 20:23:23 GMT a hard fork will occur:
    - PoS reward limit per block will be set to 200 TRK.
.............
# -splitthreshold option - staking engine will not split blocks with size below splitthreshold amount. default 30 , max. 300
    Can be used as command line option or setting in .conf file or can be set in Qt wallet gui in Settings > Options > Main



Please see your last post you said 2000 unit block size , which is still over 300, so it would split into 7 blocks or 2?


No matter what size will your blocks: 100 or 2000. With the current difficulty even the units with 100 coins will catch stake within 30 days. Yes, it takes more than 9 days, but you will get the same percentage per annum. I also have a blocks with 150 coins and they catch stake every 15-20 days.

However, when the network difficulty will increase, it will take longer and blocks will reach the limit of 200 PoS  coins. The same thing is happening with HyperStake right now. This is called an inflation control.
Also, this increases the speed and security of the network. The more small blocks will be involved in the PoS-minting, the higher the difficulty, security and speed of the network.