Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [GP] GoldPieces - The Online RPG Gaming Currency - ON CNBC - NO PREMINE
by
HYPERfuture
on 20/07/2015, 17:21:01 UTC
Thanks for the answer.  I'm staking 5000 split up into inputs of 50 at the moment, staking about 1 GP every 3 hours which works out about 0.1%/day or 3%/month.
I've pretty much decided I'm in for the long haul so if it would actually improve the staking I'd be happy to sink a couple of hours splitting up into inputs of e.g. 5 coins.  I've done it before for another wallet where the stated rules were "as many inputs as possible".  I suppose 1 GP inputs is a little low since with a fee of 0.2GP you're losing 20% of your coins to do that.
Another point I was considering was - at the moment I am getting 1GP rather than the stated maximum per input of 2.5GP.  SO perhaps I should INCREASE the block size so that I gain weight more quickly, and stake close to the maximum of 2.5 per input.

So my 2 questions are

1 - will it improve staking if I split up into even smaller blocks like 3-5GP? Or should I increase the size of the blocks until I'm getting near-maximum stake rewards, like 2.4GP per time?
&
2 - is there a way of using coin control or anything to split the inputs, or do you just have to send them to yourself in lots of transactions?

Thanks again

Hi, I'm sorry. I know the technical side of getting these wallets to work, and everything. But how the staking works internally for GoldPieces, I don't know. I'm sure HYPERFuture will explain when he gets on. Maybe someone else can help on that too.

HYPERfuture?  Any thoughts?

Hey nembit

Sorry for the delay, the HYPER website has disappeared and I trying to find out if if was hacked, or a hosting error. Hopefully we can get it restored. Once I have HYPER back on track then I will be working on setting up GP with an awesome website, wiki and strategy document. I have put aside a lot of time this week to push GP forward.

To answer your questions:

1.) Try inputs of 125 - 150. I think 50 may be too small. You will want to experiment. I think we discovered over 100 was best.

2.) It is easier to just split the inputs in transactions. The latest version of the GP wallet has newer QT version and some updates, but I haven't had a chance to look at the coin control too closely. Too busy making sure we are heading in the right direction!