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Much of the information here is compiled from the Reddcoin Source Code, the Reddcoin White Paper, and the original PoS White Paper.
Quote from: Phosphorous on 17. August 2014., 16:38:51Quote from: MMXIV on 17. August 2014., 07:52:59Quote from: Phosphorous on 16. August 2014., 21:49:23Quote from: Mortimer452 on 16. August 2014., 08:12:59Quote from: Phosphorous on 15. August 2014., 23:04:42So I'm seeing something I am curious about. Say I started with 10 coins. I then earn a stake of 0.2 coins. And perhaps I receive a pool payout of 0.3 coins later that day. But now the age of the 10 coins is different than the 0.2 coins and the 0.3 coins. So at some point, the 10 coins go to stake again but the 0.2 and 0.3 remain in my balance. But then I think the 10 coins will generate another stake, let's say 0.2 again, and then the initial 0.2 and 0.3 will mature and I'll have 0.5 coins staking (perhaps at different times) and a lot of 10 and 0.2 coins in the balance. So I think you see where I'm going, is that there will be an increasing amount of "odd small lots" of coins staking and rotating through the process. Is there any process by which the coins can all consolidate for the purpose of staking? Or will there be an increasing number of subsequently smaller lots of coins moving through the staking process and earning ever proportionately smaller stakes?Unfortunately that is pretty much how staking works. You can, periodically, transfer your entire balance to another wallet, or to Bittrex and back, to "re-consolidate" your coins.Thanks for the explanation. Is there any reason to? Yesterday I got 7 stakes, all of the same size. Would I have received fewer stakes of a larger size if the balance was "consolidated" or is there any advantage to one approach vs another? When you move your coins, you are resetting your timers, so I would do it as seldom as possibleOK, but it was also explained that you had to keep the qt client open to stake. So what is the real effect of closing and re-opening the qt client?the common way to function is(@MMXIV correct me if i am wrong) is that you don't loose coinage but staking time, so when you oben it up again you beginn where you stopped staking, but you did not make any progress in between. For oler Iplementations, there hasn't been any "staking-time", what turned out badly, because people just had to open their wallet once a month and harnest their stakes. Newer implementations require you to "stake" and contribute a certain amound of time to securing the network.
Quote from: MMXIV on 17. August 2014., 07:52:59Quote from: Phosphorous on 16. August 2014., 21:49:23Quote from: Mortimer452 on 16. August 2014., 08:12:59Quote from: Phosphorous on 15. August 2014., 23:04:42So I'm seeing something I am curious about. Say I started with 10 coins. I then earn a stake of 0.2 coins. And perhaps I receive a pool payout of 0.3 coins later that day. But now the age of the 10 coins is different than the 0.2 coins and the 0.3 coins. So at some point, the 10 coins go to stake again but the 0.2 and 0.3 remain in my balance. But then I think the 10 coins will generate another stake, let's say 0.2 again, and then the initial 0.2 and 0.3 will mature and I'll have 0.5 coins staking (perhaps at different times) and a lot of 10 and 0.2 coins in the balance. So I think you see where I'm going, is that there will be an increasing amount of "odd small lots" of coins staking and rotating through the process. Is there any process by which the coins can all consolidate for the purpose of staking? Or will there be an increasing number of subsequently smaller lots of coins moving through the staking process and earning ever proportionately smaller stakes?Unfortunately that is pretty much how staking works. You can, periodically, transfer your entire balance to another wallet, or to Bittrex and back, to "re-consolidate" your coins.Thanks for the explanation. Is there any reason to? Yesterday I got 7 stakes, all of the same size. Would I have received fewer stakes of a larger size if the balance was "consolidated" or is there any advantage to one approach vs another? When you move your coins, you are resetting your timers, so I would do it as seldom as possibleOK, but it was also explained that you had to keep the qt client open to stake. So what is the real effect of closing and re-opening the qt client?
Quote from: Phosphorous on 16. August 2014., 21:49:23Quote from: Mortimer452 on 16. August 2014., 08:12:59Quote from: Phosphorous on 15. August 2014., 23:04:42So I'm seeing something I am curious about. Say I started with 10 coins. I then earn a stake of 0.2 coins. And perhaps I receive a pool payout of 0.3 coins later that day. But now the age of the 10 coins is different than the 0.2 coins and the 0.3 coins. So at some point, the 10 coins go to stake again but the 0.2 and 0.3 remain in my balance. But then I think the 10 coins will generate another stake, let's say 0.2 again, and then the initial 0.2 and 0.3 will mature and I'll have 0.5 coins staking (perhaps at different times) and a lot of 10 and 0.2 coins in the balance. So I think you see where I'm going, is that there will be an increasing amount of "odd small lots" of coins staking and rotating through the process. Is there any process by which the coins can all consolidate for the purpose of staking? Or will there be an increasing number of subsequently smaller lots of coins moving through the staking process and earning ever proportionately smaller stakes?Unfortunately that is pretty much how staking works. You can, periodically, transfer your entire balance to another wallet, or to Bittrex and back, to "re-consolidate" your coins.Thanks for the explanation. Is there any reason to? Yesterday I got 7 stakes, all of the same size. Would I have received fewer stakes of a larger size if the balance was "consolidated" or is there any advantage to one approach vs another? When you move your coins, you are resetting your timers, so I would do it as seldom as possible
Quote from: Mortimer452 on 16. August 2014., 08:12:59Quote from: Phosphorous on 15. August 2014., 23:04:42So I'm seeing something I am curious about. Say I started with 10 coins. I then earn a stake of 0.2 coins. And perhaps I receive a pool payout of 0.3 coins later that day. But now the age of the 10 coins is different than the 0.2 coins and the 0.3 coins. So at some point, the 10 coins go to stake again but the 0.2 and 0.3 remain in my balance. But then I think the 10 coins will generate another stake, let's say 0.2 again, and then the initial 0.2 and 0.3 will mature and I'll have 0.5 coins staking (perhaps at different times) and a lot of 10 and 0.2 coins in the balance. So I think you see where I'm going, is that there will be an increasing amount of "odd small lots" of coins staking and rotating through the process. Is there any process by which the coins can all consolidate for the purpose of staking? Or will there be an increasing number of subsequently smaller lots of coins moving through the staking process and earning ever proportionately smaller stakes?Unfortunately that is pretty much how staking works. You can, periodically, transfer your entire balance to another wallet, or to Bittrex and back, to "re-consolidate" your coins.Thanks for the explanation. Is there any reason to? Yesterday I got 7 stakes, all of the same size. Would I have received fewer stakes of a larger size if the balance was "consolidated" or is there any advantage to one approach vs another?
Quote from: Phosphorous on 15. August 2014., 23:04:42So I'm seeing something I am curious about. Say I started with 10 coins. I then earn a stake of 0.2 coins. And perhaps I receive a pool payout of 0.3 coins later that day. But now the age of the 10 coins is different than the 0.2 coins and the 0.3 coins. So at some point, the 10 coins go to stake again but the 0.2 and 0.3 remain in my balance. But then I think the 10 coins will generate another stake, let's say 0.2 again, and then the initial 0.2 and 0.3 will mature and I'll have 0.5 coins staking (perhaps at different times) and a lot of 10 and 0.2 coins in the balance. So I think you see where I'm going, is that there will be an increasing amount of "odd small lots" of coins staking and rotating through the process. Is there any process by which the coins can all consolidate for the purpose of staking? Or will there be an increasing number of subsequently smaller lots of coins moving through the staking process and earning ever proportionately smaller stakes?Unfortunately that is pretty much how staking works. You can, periodically, transfer your entire balance to another wallet, or to Bittrex and back, to "re-consolidate" your coins.
So I'm seeing something I am curious about. Say I started with 10 coins. I then earn a stake of 0.2 coins. And perhaps I receive a pool payout of 0.3 coins later that day. But now the age of the 10 coins is different than the 0.2 coins and the 0.3 coins. So at some point, the 10 coins go to stake again but the 0.2 and 0.3 remain in my balance. But then I think the 10 coins will generate another stake, let's say 0.2 again, and then the initial 0.2 and 0.3 will mature and I'll have 0.5 coins staking (perhaps at different times) and a lot of 10 and 0.2 coins in the balance. So I think you see where I'm going, is that there will be an increasing amount of "odd small lots" of coins staking and rotating through the process. Is there any process by which the coins can all consolidate for the purpose of staking? Or will there be an increasing number of subsequently smaller lots of coins moving through the staking process and earning ever proportionately smaller stakes?
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