Re: [RADS] Radium - Bringing Advanced Utility to the Blockchain
Hello all! I've been staking a few weeks with no issues. Yesterday, however, I minted 8 RADS. Previously the most I've minted was 2 RADS a day. I only have 1190.35 RADS total in my wallet.
Did I just get really lucky or something?
Also, my entire balance is presently not accessible. They're all in the "Stake:" section.
I'm running QT version 1.4
Did I just get really lucky or something?
Also, my entire balance is presently not accessible. They're all in the "Stake:" section.
I'm running QT version 1.4
All good.
I'll try to clarify in a simple way what is happening. every minute a block is created and the 1 (or more -decay issues apart-) coin is somehow randomly "added" to a specific address. Now, of course, more coins you have higher is the probability of getting the coin. To be specific every minute ,if you have 1000 rads, you have a probability of winning the new block of 1/800 (rough average for 800000 coins weight in the network).
If you quickly make a few calculation (it's a binomial distribution) you can see that to get 8 coins it's totally possible but rare. But the average is more like... 1.6/1.8 a day. Actually you may also get 0 coin a day (more or less 15%-10%)
The coins in Stake section will quickly reduce in size more you stake. No worries.