Quote from: trilldebeest on October 12, 2017, 03:12:07 AM

Quote from: mrzell on October 12, 2017, 02:48:24 AM

Quote from: POSToken on October 12, 2017, 01:49:38 AM

Quote from: sunndil on October 12, 2017, 01:48:18 AM

Quote from: Dimid on October 12, 2017, 01:39:27 AM

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Quote from: JungleOnion on October 12, 2017, 01:01:12 AM

Hey I don't know how to stake in MEW, does anyone have a guide?

Here you can see a detailed explanation about stacking in MEW: https://bitcointalk.org/index.php?topic=2110712.msg21934703#msg21934703

One thing I think it could be more clear is when stacking and minting for the complete 90 days compared to stacking and minting every 3 days. Which of the 2 ways rewards more tokens because one would expect to have a higher reward if we don't touch the tokens for 90 straight days compared to every 3 days.

Curious to see whats the process.

The more frequently we do the pos mining, the more postokens we accumulate

For example:
Blob has 100 tokens, he hold them for the whole first year and mine every 3 days.
Alice has 100 tokens, she hold them for the whole first year and mine every 90 days.

If we use 100% to do the calculation:
Blob will receive 100*((1+100%/365*3)^(365/3)) ≈ 271 POS
Alice will receive 100*((1+100%/365*90)^(365/90)) ≈ 241 POS
You can see that the effective interest rate of first year range from 140% to 170%. The totalSupply will increase to at least 2.4 Mil after the first year, this is bad for the whole system.

But if we use 77% to do the calculation:
Blob will receive 1000*((1+77%/365*3)^(365/3)) ≈ 215 POS
Alice will receive 1000*((1+77%/365*90)^(365/90)) ≈ 200 POS

How do we do it for 90 days though?

Hold your POS for 90 days and then start pos mining, you will get your reward.

Hi..I try to start mining..but when i put 200000 limit for GAS and push generate it keep turn back to default 98980.. Can I submit with this amout of gas limit?

It happens to me too. I just re-correct the number and push generate and it works. It's a weird little glitch but just do it again

Ya bro..I hv do it again as your advice..it works...so where we can look at the statistic?