Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS
by
ScottAllyn
on 10/08/2014, 18:23:37 UTC
[...]Perspective: A max of 28+ "coins" were staking yesterday at some point. Historical maximum. Now, since the total coins in existence were 26.8 mill, we have found there are somewhat "ghost", "fake", whatever "coins" that appear in that tracking tool that don't really exist (I am still struggling with how those appear and, more worrysome, DO stake)[...]

You're making a mountain out of a mole hill. There are no fake numbers, unless you count the ones that you fabricated in your post while attempting to make some point. The stake weight number, which factors in both the quantity AND age of the coins in a block, is a valid number and it's a crucial part of the PoS system.

The crux of the matter is the fact that, while the sum total of the stake weight for every block that's staking is useful for getting a relative feel for how many coins are staking, it can obviously be a misleading number. It would make more sense to the end user for the wallet to display the actual number of coins staking, but as pnosker stated and effects elaborated upon, there is currently no function in place to display that number.

So what should we do? Should we ignorantly shout, "THIS IS BULLSHIT!!" and allude to suspicious behavior on the part of the devs? Or should we perhaps try to understand what that number actually represents and/or ask the devs if they can provide us with a different number that is a more accurate representation of the number of coins staking? I vote for the later.

It sounds like this feature can be added and that effects actually intends to add it to a future build. Let's not beat a dead horse.