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RE: Quantitative Analysis of Staking Times in Gridcoin V8 - Live at Block 1010000 with v3.6.0.2

in #gridcoin7 years ago

I think one of the problems here is that the net weight either cannot be the amount of actual coins staking, or you cannot use it to derive your chance to stake. With my 46k GRC and my additional 4k GRC from my magnitude I can stake ~2 times per day. If it was just down to coins staking we would need a network weight of 22.5 million in order for me to get an average or 2 stakes a day, right? I have asked the Blackcoin developers for some clarification regarding this number.

Until then I will continue to run my staker-only test. Right now it has only been 1 stake in 24h :(

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that the net weight either cannot be the amount of actual coins staking

I talked with @sc-steemit and they said that based on the information given the numbers I used from the block explorer are the number of coins actively staking. If the documentation on this in the source is poor and it turns out that the number used does not accurately reflect the total number of coins staking, then I agree my numbers are void. Looking forward to the reply from the Blackcoin devs.

or you cannot use it to derive your chance to stake

The only way that could be true is if, on the whole, coins to not have equal stake weights. I have no reason to believe that is the case.