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Board Announcements (Altcoins)
Re: [ANN][VTR] vTorrent - Share with freedom | 2FA | HD | @Bittrex
by
dickwhite
on 09/04/2017, 15:29:53 UTC
@dev
After last fork looks like something have been changed in staking, I earn more vtr from staking than before, even more than the 1st wallet.
Seems than newer wallet earn less interest from staking even with a bigger balance

Now interest are related to coin age?

Can explain us how it works now if something have been changed?

Thanks

We've switched to Blackcoin's POS 3.0 scheme, currently the most secure POS implementation:
https://bravenewcoin.com/assets/Whitepapers/Blackcoin-POS-3.pdf
Basically involves removal of coin age factor with its several attack vectors. It's replaced with a fixed block reward proportional to the outstanding supply. It's a more consistent release of coins divided amongst the stakers -- less stakers means higher individual block reward. This incentivizes active nodes thus providing better security to the network. Also introduces some cool new features like multi-signature and cold staking. Annual interest is still 5%. You're earning less because difficulty has increased; more stakers are now online competing to solve blocks. That would have happened with the old wallets as well.