Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Genstake [GEN] [QT WALLET UPDATE] [STAKE-MINE] [SCRYPT] [FULL POW/POS]
by
CryptoHobo
on 20/06/2015, 14:18:57 UTC
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With all that said, I may tweak the whole thing - so instead of estimating how long it will take to stake a block at your current weight compared to the network weight (both of which change over time), what do you, and everyone else, think about the idea of having it estimate the chance of staking in the next 30 minutes. That information I can calculate much more accurately and reliably - and I think being able to say 'You have a 10% chance of staking in the next 30 minutes" gives a much more accurate representation of your likelihood of staking than, hypothetically, saying "Estimated time to stake: 3 hours 30 minutes" when that estimate depends on your current weight and the network weight not changing for 3 1/2 hours (impossible) and doesn't tell you the reality of that estimate - you would only have 51.2% chance of staking in that time if nothing changed... in fact, no amount of time actually gets you to 100%. It's an inherently flawed system. There's never a guarantee you ever stake, and yet you do, regularly, there's just no telling exactly when. It's all probability.
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that'd be good, really good.

After reading your explanation i understand why you removed it, personally unless a wallet say's <1hour i dont often leave it staking