Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][GRA] Grain - New PoW/PoS coin | Fast, secure, super bonus blocks
by
bee7
on 21/02/2014, 21:57:38 UTC
Quote from: AmGfxMarty on February 21, 2014, 06:04:05 PM
Quote from: ofeefee on February 21, 2014, 03:56:54 PM
Quote from: theironman on December 07, 2013, 10:28:57 PM
"Grain also provides 5% annual interest on the grained held. The interest will be paid about every 2 weeks."

Hey, I like this idea. Inflation adjusted coin with dividends.  Smiley  

is this confirmed, 5% yearly PoS, or does anyone know the stake reward, says about every 2 weeks.  what is the timer for stake on the coins, 14 days, 20 days, etc.  How much stake is generated on those days?

For instance,
if i have 1million gra, on x day, y coins?

I started out with a 200k gift and the first stake happened at 10 days. It was 337ish coin and it took 8 tries to get a block.
I got another pos at 10 days again and it credited me 2 blocks at 145ish each. In between I have accumulated more coin mining.
We will see what happens in another 9 days I guess.

Yes, exactly. The first was a single tx with 200k output. That 200k coins produced a single block and had been splited into two (nearly) equal outputs, this is why the next time you had 2 block, but a single reward was two times less. Now, in 9 days you should see 4 blocks with reward about 72 coins.