Quote from: Only4money on September 02, 2014, 11:57:11 AM

Quote from: mblados on September 02, 2014, 08:51:53 AM

Quote from: Thirty30 on September 02, 2014, 05:04:16 AM

Quote from: mblados on September 02, 2014, 04:43:40 AM

Ok! People, I have some news here. I have deep analyzed the SRC this weekend and now I understand why everyone's wallet is stuck into staking.
It was difficult for the previous dev to fix the problem because of the 100 only coins. The Blockchain stopped moving because there were no more coins in POS to stake so
transaction could not be made. If no more coins are available to Stake and the POW is done, How can the Blockchain move the Transactions?
If you remember in one point, just after the POW was done, each person wallet couldn't Stake and the POS wasn't working - thats because there were no more coins for the POS to work. So the Dev had to add another 100 coins into POS (Very quick) to Fix the issue. Then since the POS was 5%, people who mined a lot of the coins, they were Staking more from the POS. It just took few days for the POS to be busted - in other words, the 100 coins of the POS were already done in staking - so thats why we all have some of our coins Stuck in Staking mode and the Transactions take days to get completed (either way From Exchange to Wallet or From Wallet to Exchange).
In conclusion, DoubleEaglecoin wasn't a true Rare only 100 coins - The Total of the coins were 200 coins (100 POW and 100 POS which was added at the last minute to fix the Wallet Staking problem).
Anyway, the problem has been found now the difficult part is to find a Solution for the New coin, which can still help us to keep the Coins to only 100 and not into the same issue of the Blockchain not moving.
I will need few days, it won't be easy but I will do my best to find a solution so that we can still have valuable coin that has only 100. Maybe we will need to eliminate the POS to do only POW (like 42 coin) or we can have a POW/POS but the POS will need to have its own coins for the Stake to work and the Blockchain to keep moving. A multipool is going to be created to help stabilize the prices. According to the previous Dev, normally XDE should worth between 5 btc to 10 btc or even more.
I will come back with more updates very soon.

How did a 100 coins from POW stake another 100 coins at 5% stake per year? Not counting the compounding interest it should take roughly 15 to 20 years to stake another 100 coins at the 5% rate with every coin staking.

No! you dont understand, POW does not Stake anything. When POW stage is done it is done. Now the POS need separate coins to be able to work. You can hybrid POW/POS in same time or you like some other Coins do or you can do POW first and then POS start right after POW end. Each method is needed to help keep moving the chain. For instance if the current POS had at least 100 000 coins then everyone wallet will be working right now (staking) for maybe another year or two or more... The 100 coins is too limited to do a POS especially with a 5% interest maybe a 1% could have made the coin survive until December or so. The previous dev had to flee because there was no other solution to fix the problem. Please take a look at some other coins Specs which has POS - you will see that POW and POS are two very different Stage.

Looks like your point and your calculations are weak mblados. Let's suppose someone is holding 10% of total POW coins which is 10 out of 100 and another 100 will be generated as per the the 5% per year ratio on POS block. And no matter what the guy will generate max 0.5 out of his 10 coins per year, so all 100 coins will generate max 5 coins per year until all 100 POS coins are generated and this will at least take 20 years to complete. It's a basic calculation and it's impossible for anyone to stake more coins even the major holder isn't able to do it just because of the 5% of quota which can't be bypassed. BTW I think Thirty30 didn't mean that POW stakes POS, what he means how can all the coins generated through POW period will stake another 100 coins in the POS period within few days instead of having 5% max staking quota.

You are correct, I did mean the 100 coins from POW staking another 100 coins during POS. It does make more sense that with the long block times and with people not initially having coins in their wallet to become mature that we ran out of mature coins to stake and with the block chain so slow there are not any more coins becoming mature to stake and thus the chain stops.

Thirty30

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