Re: [BRX] Breakout Chain | Bittrex ICO Live BRX Staking

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.

So I'm a noob when it comes to staking. I have my wallet with BRX unlocked and running. Am I staking now? Is there a way to verify I've done it correctly and I just need to wait?

No you're not staking until your BRX coins are mature. BRX hits maturity at 3456 confirmations which is SUPPOSED to take 12.3 days but the blockchain has been reaaalllllly slow (im averaging about ~120 confirmations per DAY) so its going to take about a month to reach maturity...once BRX will hit maturity THEN you will begin staking.

Yeah sucks i know, its gona take a long time. Just wait.

That's fine, thanks for the explanation. Where are you checking the confirmations, just on the transactions tab? I imported mine on 6/12 and it actually says I have 4877 confirmations there.

That's how I check mine