Re: [ANN] Diamond (DMD) Evolution v 2.0 | NEW wallet, 50% POS Active
I don't think you get more DMD with 24/7 Pos. The problem is: Each pile of coins will be split into twins child each time minted. Ex: 1000 DMD will be split to 2 twins pile with 507.794 DMD each pile. As I read from http://bit.diamonds/community/index.php/topic,46.msg376.html#msg376
a wallet balance 1000 DMD have 1 pile will be Pos as below table:
After few months, there will be alot of piles with very little amount DMD in your wallet. When pile have little balance, Pos will take very long time. I have a pile with 1.68 DMD in wallet received from 08/06/2014. It's not POs until to day (09/20/2014) although my wallet is opened for minting 24/7.
@Cryptonit, can you explain clear about it?
I have some private server. I ran DMD wallet (with initial automatic address) 24/7. It help to speed up and secure DMD network.
a wallet balance 1000 DMD have 1 pile will be Pos as below table:
After few months, there will be alot of piles with very little amount DMD in your wallet. When pile have little balance, Pos will take very long time. I have a pile with 1.68 DMD in wallet received from 08/06/2014. It's not POs until to day (09/20/2014) although my wallet is opened for minting 24/7.
@Cryptonit, can you explain clear about it?
I have some private server. I ran DMD wallet (with initial automatic address) 24/7. It help to speed up and secure DMD network.
This is how PoS works with most coins, because they have it misconfigured.
With Diamond, we made sure small piles are periodically grouped into 100 DMD piles. This resolves the 'dust' problem. We are working on improving the performance in cases with tens of thousands piles.
The answer to this 'will I get more return if I PoS more frequently' is very simple. It's well understood in banking as 'compound interest'.