Re: 💥SOLARIS XLR💥100% PoS + Masternodes ⚡Zerocoin⚡txbit.io in development

we are good now, just received first MN 0.799 reward and first stake 0.199

cheers Cool

Now thats good news to start a weekend

At the last moment at block 263995 it got very exciting. 20 minutes went by and still no block. Sweat in my hands DDOSsing the block explorer with my F5 button it finally switched to block 263996. I quickly checked if our fix did the job and it did. Masternodes now get 80% of the block value and stakers 20%. Happy weekend Cool

And how many times per day does MN get paid for the block?
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Master Nodes = 540
60 sec Block. 60min * 24h
1440 = Block / 24h
1150.56 (XLR) / 24h
1150.56 / 540 = 2.130666667 (XLR) Master Nodes = 24x

I'm not confusing anything?

Its actually very easy. In a perfect world there are 1440 blocks per day and a constant number of masternodes of 540. So we divide the number of blocks by the number of masternodes to find out how many payments one masternode would get. 1440/540 = 2.66 payments per masternode per day. A single block reward would pay 0.8 XLR to your masternode. Seen the fact we have 2.66 payments per day and 0.8 value we can multiply 2.66 by 0.8. 2.66 * 0.8 = 2.128 which means your single masternode will pay you 2.128 XLR per day. At current rate thats just over $13 per day per masternode.

Hope this helps Cool

Thanks for the detailed explanation of the masternode rewards as I get questions about this all the time on Twitter and now I can redirect them here. Its great to see Solaris back running smoothly again and hopefully now it stays this way and the dev team can concentrate on the other developments they have planned for the future. Good work Kees