Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SEED] SeedCoin | 10/11 MANDATORY UPDATE
by
misocialnetwork
on 13/10/2014, 11:15:26 UTC
It's grey currently, as those coins have staked now. But yesterday I had some that were literally almost 38 hours old before they staked. I'm waiting on some coins to stake in about 1.5 hours. They start staking right on schedule. I'm on Windows 7 64bit.

If it's not a lot of coins, the network weight is so high it will take a long time. As long as the green arrow comes on on schedule, that's important thing. How long it takes after that is anyones guess. Staking after the fourth day has always been difficult for everyone. There's just so much weight on the network, and so few blocks to be had in a single day. It's just impossible for everyone to stake. Even the larger holders struggle, and by the end, it's anyone's guess.

There are strategies to work around this, but none that come without significant risk.
yeah you do not say i have had mine staking for 15 hours plus and the network says 2 hours for the last 15 hours is whack totally if you ever make another coin think about making more staking blocks so everyone can stake right instead of not

That's like asking bitcoin to change so that people with 1ghash can compete with people that have 1000 ghash. The number of coins you have is your hashrate. The fewer you have, the longer it takes, that's just how the POS system works.
so pretty much it was set up so your Dev have the most hashrate so no one can never get no coins not very fair all i know i will never invest in another coin like this ever again i lost $100.00 USD so yeah not kool still and also do not send a spreadsheet claiming people with one coin would end up with 9,323 coins after 7 days of staking when you should knew that was not true one bit and you better hope the price of your seedcoin goes up and people profit from it or you will have alot mad people on your hands
This graph below you sent me 3 days ago was not true for 1 coin and was maybe true for having 500 coins or more
https://docs.google.com/spreadsheets/d/1b1_BKfRxuOeAzvhzmldG1P0d0bxZAEQsXXmcBDHedTY/edit?pli=1#gid=43161177