Post
Topic
Board Announcements (Altcoins)
Re: ★★★ PandaCoin [PND] ★★★ 2021 Network Update
by
pandacoin-official
on 08/08/2022, 03:36:38 UTC
after a month none of them was minted.

now in 90days mint probability:

2 of them 263 days age, 99.999% mint probability
2 of them 257 days age, 99.981% mint probability
2 of them 229 days age, 99.978% mint probability

can someone explain the formula or logic how the transaction for POS is selected? Why the highest probability no longer has priority over lower probability. It is pure random or how it work?
And of course I have latest wallet version.

>can someone explain the formula or logic how the transaction for POS is selected?
99% 90 days mint probability means you are required to run your wallet 90 days at a time (read: 2160 hours) to get a probability of 99% (read: very likely).
This doesn't mean you cannot mint anywhere in-between 1 second and 90 days of runtime. It's just more likely to happen towards the 90 day marker.

"263 days age" doesn't factor into the above outside of accumulating transaction weight up to the 90 day mark.

>Why the highest probability no longer has priority over lower probability.
The selection process is not stack based. It's based on probability.
If you were to flip a coin, where each side has a probability of 50%, would you end up being surprised about getting head over tails on any given flip?