Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0
by
IanFoxley
on 05/08/2014, 09:10:52 UTC
Quote from: tricass on August 05, 2014, 08:08:56 AM
Quote from: IanFoxley on August 05, 2014, 07:07:31 AM
Quote from: tricass on August 05, 2014, 05:24:15 AM
Quote from: q327K091 on August 04, 2014, 06:31:03 PM
Quote from: tricass on August 04, 2014, 01:08:23 PM
Quote from: q327K091 on August 04, 2014, 12:27:31 PM
Quote from: hadi on August 04, 2014, 06:35:06 AM
hey dev team ? instead of shit ideas and shit videos,try to add merchant sites and game sites support redd !

why so aggressive, this ain't corporate exercise lol, coin will do extremely well but only on the basis of people being nice (and respectful) to each other

scan of "situation" in the morning reveals 21 sat as a base and cryptsy wallet address shows staking activity, my own wallet activity should do the same in few hours and expecting ~ 2,000 RDD as I increased my position at 21 yesterday

have a great day!

what's the min coin age before i can stake?

there is an element of randomness built into the process at 4 million Redd's thats 50 x 4 200K a year.. so 2,000 coins a day pretty decent

please leave your wallet up and running non stop.. best is to work of git master (git pull and actual software build from ground up) if not skilled pull latest binaries from their site

checking crytpsy for 20 sat is probed on bittrex, but bittrex has halted some operations brb

hard stop is at 15 satoshi at that level coin is like almost given away for free, I have about 250K to fill to 4 million, diff between 21 and 15 is like 40 50 dollars.. still a nice steak dinner and a wine

The randomness comes from the minting process as you compete to solve POS blocks. However, you have to hold the coins in your wallet for a certain amount of time before you can start the minting process. This is the minimum coin age. I recall seeing this on the site before but can't seem to find it now. Does anyone know what this is? I've pulled all my coins from the exchanges, didn't realise cryptsy was staking our coins, to start my own staking but wanted to know when to check back on my wallet to see the results.

It should be 8 hours until your coins can begin staking, but don't expect to start getting paid straight away. I am still waiting for my first stake since staking began.

thanks! thought it was a bit longer than that. guess i'll be checking my wallet more frequently than i thought at first Smiley

edit: it would be great if the wallet gave an estimate or probability of producing a stake over the coming hours/days just like the hobonickels coin wallet does.
also, anyone know what the purpose is in showing the average weight? i get the total weight but not sure what showing the average gives you. oh..and that network weight is a very large number Smiley

This post might help explain things abit better.

http://www.reddit.com/r/reddCoin/comments/2clb1v/does_your_total_weight_and_your_average_weight/