Post
Topic
Board Announcements (Altcoins)
Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico
by
Couldbe
on 22/11/2015, 05:31:22 UTC
Loving the 40% stake so far.

I've been noticing my blocks keep splitting, is there a way to disable that? This makes microstaking inevitable. And the hard fork coming soon should auto combine blocks, or at least stop splitting blocks by default.


i have 56k coin in my wallet all in one block after month/30 days stake rate 14.99% not 40%
is there problem in block size

The percentage paid out is depenent upon the difficulty at the time your staked coins minted. 14.99% would suggest the the difficulty was 0.003 when your minting occured. I do take your point though. The current difficulty is 0.00006311 and if your coins had minted now, you would have received a near maximum 40% return. 14.99% is still a decent return on 30 days when compared to other POS coins. See the Opening Page for the chart showing the relation of the % rate of return to the difficulty https://bitcointalk.org/index.php?topic=320404.0

Whether there a problem with block size depends upon your point of view and whether you are talking about the actual block in the Blockchain, or the 'block' of coins that you are staking. Block technically means the block in the Blockchain, although it is sometimes loosely used in describing a particular amount of coins being staked. I take it that it is the loose term for amount staked that you mean.

At times there are very large numbers of small amounts crowding out larger amounts from the next block in the Blockchain. When this happens, it becomes a numbers game. This makes the difficulty higher at times. However, 56,000 Tek is a considerable size to stake and the weight accruing to that amount should eventually get through into a block and be minted before too long.

Some people see large numbers of smaller amounts staking as a help to the network and a partial control on inflation; others see it as a possible security threat and/or a nuisance; and still others see it as a way to 'game' the system. Again, whether there is a problem depends upon your point of view.