Post
Topic
Board Announcements (Altcoins)
Re: [BRX] Breakout Chain | Bittrex ICO Live BRX Staking | Multicurrencies+Free Poker
by
Moolah.lol
on 14/07/2016, 08:14:18 UTC
Can anyone please explain whats going on with the blockchain confirmations? In the past 6 hours I only got about 10 confirmations.

This is supposed to be 3456 confirmations in 12.3 days (for staking) according to OP so we should be getting well over 250+ confirmations per day.

At this rate, coins will take almost an entire month to mature as opposed to the 12.3 days mentioned in the OP.

Can anyone shed some light on this glaring issue?

SIS isn't monetized and with no wallet transfers fee savaging is nil so there is no motivation for PoW miners, most BRX is cold and not staking so PoS is barely moving the chain. Get SIS on an exchange and these problems will disappear.

Thanks for the info.

But I feel that this should be more common knowledge, (maybe an update on the OP or something) saying that the current blockchain wont mature your coins for staking in 12.3 days.

I bought some BRX otc and have been staking for about 2 days and I have only 195 confirmations as of right now and I have only gotten about 10 confirmations in the past 6 hours.

It will literally take all month to get coins to mature, then who knows how long to hit PoS blocks.

OP should be updated coz at the current state of the blockchain, 12.3 days for maturity is very much misleading.


Stake maturity is very clearly stated as 3456 confirmations. We have updated it to say "about 12.3 days".

Once the network is a little older, PoS block blocks will come more regularly.


That's understood, but for the sake of further clarity its good to let potential investors know that CURRENTLY it will literally take 'about' 30 days for 3456 confirmations. Someone will read the OP assume that they'll hit maturity in about 2 weeks based on 'about 12.3 days' when the truth atm is it will take 'about a month'. Once everything is more stabilized (who knows when really), 'about 12.3 days' for 3456 will be more accurate.

Let this serve as a warning for those wanting to buy BRK over-the-counter, you're not really going to get as much of a 'head start' as you think as confirmations are slow as hell right now.