Post
Topic
Re: [ANN][MAG] X11 POS/POW+Masternodes MAGNET / magnetwork.io
by
blockonomy
on 29/12/2017, 22:55:02 UTC
Ok, never mind on that last point - I found the SoftLock instructions.

I'm trying to wrap my head around something...

It shows there are just over 500 MN now running.

Are all of these locked @ 10,000 coins or are some multiples of 10K (ie. 80K or 150K)

Do you need a separate MN for each 10K transaction that you lock?

If a block is found every few minutes, that's more than 1K blocks a day.

Divided by 500 nodes, you could expect to get a couple block rewards a day on a single MN?

Thanks,

Nate
- Yes, 500+ (can check live here http://magnetwork.io/checkmn/)
- Yes, 10K MAG exactly per masternode, multiples would not work and would require another transaction output.
- Aiming for 90 seconds / block so average 960 blocks daily in normal network conditions.
- 516 MN gives you a 0.194% chances every block so about 60% chances to receive a reward in 12 hours, 84% in 24 hours etc.

Spreadsheet to play with the reward odds here:
https://docs.google.com/spreadsheets/d/1zpXanRYZsWBPbHDEJpKX0jp9lkhXI1nRiJq9TgO1RjY/edit#gid=0