---- More on staking ----

1. Analysis (this can be skipped if you do not have much time. Simply go and read 2. Recommendation)

I decided to go deeper into how we are doing in terms of staking. Today I was looking at recent blocks trying to find information what is the usual amount of coins which mints reward to provide some suggestions what could be optimal coins amount to stake. In theory amounts close to 2 000 000 coins are best since they can achieve highest weights. However 2 000 000 may be best in ideal world where all coin holders stake. In practice just portion of coins are being staked on regular basis while the rest may be deposited on an exchange, being staked every several months or simply forgotten.

Number of blocks inspected: 1000

Minimal amount of coins which managed to mint new coins: 469
Maximum amount: 9 264 403
Average amount: 477 159
Median amount: 47 004
Number of people running latest version of wallet which does not split transactions into two: 162 (16.2%).

If we look at the numbers we can see it is pretty easy to mint new coins since this is possible even with transactions lower than 10 000 coins. Important number is median which is about 50 000 coins. We should try to move this number higher. This can be achieved by organizing transactions into sizes in range between 100 000 - 250 000. Also running newest version of client will help since you can group your coins into recommended size range and there will be no need to maintain it on regular basis.


2. Recommendation

1. Group your coins into transactions between 100 000 - 250 000 coins.
2. Use newest wallet version which does not require regular maintenance: http://noble.ilikebtc.com/NobleCoin-Qt-v.2.0.2.zip
3. Try to stake on regular basis e.g. at least several hours per week.