Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FlappyCoin - PoS Released - 6/29 - Need Counterparty Fork - 4btc
by
Griffith
on 12/11/2015, 02:29:32 UTC
you ran out of valid transactions to stake so you stopped staking. staking just doesnt happen at X interval. it is dependent on the transactions in your wallet. when the chain stops it is because 1, no one is staking. 2, the people who are staking have no more transactions to stake

isnt the blocktime too fast? 30 seconds...

Code:
Details for Block #700483 Date/Time 2015-11-11 10:55:23
Details for Block #700484 Date/Time 2015-11-11 10:55:54
Details for Block #700485 Date/Time 2015-11-11 10:56:25

in the Readme you say: Block Time: 60 Seconds
https://github.com/FlappycoinDEV/flappycoin/blob/master/README.md

Min Stake Age: 3 days
Max Stake Age: 21 days
So when i send flappycoin to a second wallet, it will stake after 3 days, what are the 21 days, will it stake again?


What can we do? Do many transactions?


Menlatin: is your wallet open?
Griffith: any idea what you or we can do?

menlatins wallet is open hence the first 440 blocks,
and you every time you stake the trasnsaction splits into 2, so eventually it will stake every 30 seconds. so next time menlatins coins become available to stake. there will be 880 blocks from the same set of transactions as created this 440. and then the next time is 880*2 and so on. but this will take days to rack up that amount. this is if he doesnt ever send any coins. but basically we just need more people on the network staking.


Ok, so would it be a good idea to split balances across several wallet addresses so that we can get a more consistent blocks?  Also does our wallet need to be unlocked to stake?  (I may have decommissioned mine for a while... I tried sending a test transaction that got stuck..., so I may have to wait a while till my coins are availible to stake (on a side note, is the delay 3 days or some other time?))

*edit: Well I see chef bauer just put the minimum wait for my stake time question.

it doesnt matter how many wallets you have, it just matters how many valid transactions you have that are stakeable.


NOTE: the min stake age can be lowered at any time without issue incase the 3 day minimum is too high for a stake to be stakeable again.


At day 3 your coins can stake, but the max weight they will have in 21 days, if a lot of people is staking with big wallets is probable you dont stake the day 3, your opportunities growth up the day 21

your mostly right, at day 3 your coins do become stakeable again. at 21 days it means they will stake as soon as possible. so basically if you open your wallet for 1 day every 21st day you will stake as often and gain as many coins as someone who had the same amount of coins as you but left thier wallet open the whole time. if you wait any longer than 21 days inbetween staking sessions you are losing potential coins through staking because you wont be staking as often as you could be.


Ah..., it does appear like you have to unlock your wallet if it is encrypted to stake... Is there a way around this, otherwise a button in qt might not be a bad addition?  Although, I guess you can still go to the console and change it.

you MUST have your wallet unlocked if it is encrypted to stake. this is true for all PoS coins. this is because it needs to use your private encryption key (the key you use to unlock) to create the staking transactions.

im confused on the second part of your post. a qt button to do what exactly? unlock the wallet? or start staking?