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Showing 2 of 2 results by Abraham00
Re: [ANN] [QRK] Quark | POW/POS | 0.10.6.3 - New Self Moderated Thread
Quark 0.10.6.3
- Enables staking by default
Downloads:
https://github.com/quark-project/quark/releases/tag/v0.10.6.3
To stake your coins your wallet will need to be synced and unlocked. Coins need to be at least 30 days old to stake. Note it can take a while to stake (days in some cases). The older the coins and the larger the amount the more likely it is to stake.
- Enables staking by default
Downloads:
https://github.com/quark-project/quark/releases/tag/v0.10.6.3
To stake your coins your wallet will need to be synced and unlocked. Coins need to be at least 30 days old to stake. Note it can take a while to stake (days in some cases). The older the coins and the larger the amount the more likely it is to stake.
0.10.6.3 Quark staking very nicely. All working smoothly.
confirms very fast and coins spendable in no time.
Very impressed.
Great work Quark community and devs.
Looking forward to the masternodes in 0.10.7
I just minted 69K coins! NICE!!!
Status: 3122 confirmations
Date: 11/28/2017 22:45
Source: Minted
Reward: 69 391.09191 QRK
If I continue to mine will I be awarded more mint coins or is this it for me?
thanks in advance,
A
Re: [ANN] [QRK] Quark | 0.10.6.2 - New Self Moderated Thread
WooHoo. 
Status: 33 confirmations
Date: 28/11/2017 07:57
Source: Minted
Reward: 12 079.66474 QRK (matures in 68 more blocks)
Staked: 100 000.00000 QRK
Transaction ID:
Staked coins must mature 101 blocks before they can be spent. When you generated this block, it was broadcast to the network to be added to the block chain. If it fails to get into the chain, its state will change to "not accepted" and it won't be spendable. This may occasionally happen if another node generates a block within a few seconds of yours.
Why has it only staked 100k? Is there a default limit on this?
Status: 33 confirmations
Date: 28/11/2017 07:57
Source: Minted
Reward: 12 079.66474 QRK (matures in 68 more blocks)
Staked: 100 000.00000 QRK
Transaction ID:
Staked coins must mature 101 blocks before they can be spent. When you generated this block, it was broadcast to the network to be added to the block chain. If it fails to get into the chain, its state will change to "not accepted" and it won't be spendable. This may occasionally happen if another node generates a block within a few seconds of yours.
Why has it only staked 100k? Is there a default limit on this?
100k stake is 12000 reward?
is this a typo or is qrk going hyper inflation?
- 3.5% pa POS interest
- 30 days minimum stake age
- Activates block 4937000 (est 25 Nov 2017)
I'm guessing stake age is based on the last time the balance was moved or the last time a reward was received.
This balance staked was stationary since 2014, around 3.5 years @ 3.5% is twelve and a quarter percent.
Seems about right.
I'm almost certain now that:
1). setgenerate must be true
2). wallet must be unlocked.
Can you please explain how I stake my coins? I have 10.6.1 running and mining set to 2 threads. Is there anything else I have to do?
thanks in advance,
A