Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GLYPH] GlyphCoin - X11 - POW/POS | 0% premine | Illuminated | CRYPTSY!
by
Filthy
on 01/07/2014, 15:09:19 UTC
Can someone explain the minting or staking process to me,, I have had my coins staked since 6/20 and its 6/30 now and no rewards, the wallet says im staking and reward times are always   just a few minutes away, but i never get any steak meat. What is wrong if anything and what should i expect to see as a reward? I see in Chainz that POS rewards are flowing out like crazy, and I'm in line way early. My Glyph Wallet is encrypted and unlocked for staking, and up to date.
Thanks
Filthy

This is how do my GLYPHS stake:

https://dl.dropboxusercontent.com/s/yvsyid09cdztgcf/glyphs_stake.png


Can you say how long it took , and how the coins are spread out?



Can you say how long it took , and how the coins are spread out?

The exact time is visible. Now it is about three hours waiting for a reward. There are 812 Glyphs in this wallet. Your weight depends of the amount of coins you have. The net weight depends of the amount of coins staking in the network. Stake Interest 10% per annum.

Someone correct me if I am wrong, but what I think it means if you stake all your coins all the time:
- if all existing GLYPHS are in stake - you get 10% per year - this actually doesn't happen, people keep their coins offline or at the exchanges.
- if a half of existing GLYPHS is in a stake - you get 20% per year for keeping all your coins in a stake all the year,
- if a quoter - you get 40% per year and so on.

Staking! Help!
I wish you would have read my post, i feel like were waisting time.
my wallet says where you pointed, by hovering the mouse over the green arrow bubble that my network stake rate is about 1/3 of the network. i should see big rewards, but in the top left under ammount, my stake is always 0.0, and I'm going on 11 days now without one single reward. And again, how long does it take to stake coins? 12hours - infinity? whats an average?
thanks in advance for any assistance.