Quote from: wiser on April 09, 2018, 04:57:39 PM

Quote from: Denver Dan on April 09, 2018, 04:41:48 PM

Quote from: wiser on April 09, 2018, 04:25:22 PM

Thanks so much for posting the FAQs about DNotes 2.0.

Before I invest heavily in a lot of math... does anyone happen to know off hand: is it currently more profitable to download the wallet, transfer all DNotes balances to wallet and begin staking? Or, is it just as profitable to leave it in DNotes Vault as CRISP accounts?

I do understand about the risks with staking on your own computer, so no need to address that. I'm just interested in the hard profitability numbers. If someone has already figured this out, I'd love to know. Otherwise, I'll run the calculations and post it

As I understand it, CRISP is associated with an wallet address (QT or vault...30 day hold). So, staking would be in addition to.? The math I'm trying to do is staking weight v. network weight. Am I correct with this assumption?

That would sure be good to know. Can you have a CRISP outside of the DNotes Vault simply by not touching your balance?

Depending on how the staking actually works and is logged, a staking incident could register as a withdrawal. In other wallets I've worked with, it registers as a withdrawal, then a deposit (where the deposit includes the original balance and staking reward). If that's how DNotes wallet logs it, then I would think only nonstaking wallets or DNotes Vault wallets would be eligible for CRISP rewards.

Joe, can you shed some light?

Quote from: wiser on April 09, 2018, 05:17:42 PM

So it looks like the "math" on figuring out staking vs. CRISP was way easier than I thought.

Staking is 2% annually if 100% of all coins are staking, which is highly unlikely. 50% of the coins staking at any one time is much more likely, and that would yield a return of 4% annually for those staking coins.

Q: How do I earn the interest reward?
A: Our Cryptocurrency Investment Savings Plan (CRISP) payouts occur approximately once per month. All coins that havent moved address during that month period will accrue a 0.5% interest, which compounds to roughly 6.17% per annum. If you move your coins during that time, those coins will not receive the interest for that month.

With CRISP, you get 6.17% annual return. To be able to beat that with POS you'd have to gamble on only roughly 1/3 of the total coins in circulation staking, which could happen. I'd have to do some research on other POS coins to see what percentage of their coins are typically held for staking, and I will try to pay attention to what DNotes' stats on that are as they develop.

The drawback of going the CRISP route is that you basically can't move your coins ever in order to get those rewards, whereas with staking you can move coins any time you want and still get staking rewards on the remaining ones. SMART Cash coin has a similar program in which as long as you don't touch your balance, you get monthly staking rewards, but if you make a single withdrawal, then you lose out on the next round of rewards for that address.

In the end, the question for me is the one Denver Dan brought up, which is: is it technically feasible to do both? Can I send coins to a wallet address and stake them for that 2%, and *also* collect the CRISP reward if I don't move the balance? Or do I have to choose one?

Finally, if the CRISP rewards are so much better than regular staking rewards, then how is is sustainable? Where are the reward coins for CRISP coming from?

Another final question: When does the next period of "don't move your balance if you want the next CRISP reward" begin? Has it already begun? Or does it start sometime in the near future?

I just logged into my DNotes Vault account for the first time since the swap and I'm wanting to make the best decision about what to do with the coins currently held there.

Quote from: DNotes on April 09, 2018, 05:42:16 PM

That is correct CRISP is paid out of the blockchain and based on address. So staking only adds to the amount of coins you can receive.

Staking transactions are specifically designed to allow CRISP to identify a staking payment, and not interfere with CRISP payments.

You can chose both, I would just recommend starting off slowly. Make sure you have a good understanding of what is needed to backup and protect your wallet.

This is a good place to start:
https://dcebrief.com/protecting-your-cryptocurrency-what-is-the-best-bitcoin-wallet-for-you/

Use offline procedures where possible, especially during the creation and encryption of your wallet. Don't enter your password online where possible.