@Cryptonit and Popshot
Thanks for interesting information regarding "glowing blue" However some questions arose;
The announcement does not provide a timeframe, so when will this reactor start to stake?
When will the mandatory update of the wallet occur?
answer Q1 2015 but we hope to manage finish all parts in a few weeks maybe end of feburary
(Q1 runs until end of month 3)When do I, as part of cloudmining, have to decide if I would like to take advantage of any slots?
answer the 3 slots we hand out to each existing shareholder of >100 shares are avaiable as long reactor isnt full (100000)
later on all slots have to be earned in a weekly competitionThe earlier provided reactor staking adress does already contain DMD. Most of them were transfered to the adress before Popshots announcement. Do those coins belong to DMD foundation? In the announcement the size for each slot were said to be 500, how come there are other size of amounts on the adress?
answer the size of transactions have nothing to do with the slots slot tracking will be done in database the wallet itself just run POS mode and end of each week the amount of coins above 100000 in the wallet is split following the reactor rules
answer: the reason why we already filled part of reactor with coins to start grow coin age
if the whole reactor fills until launch with cloudmining investors DMD then there will be only foundation DMD in for the first 10 weeks (25000 dmd)
we cant hand out that low duration slots as reward for longterm dmd supporter
if reactor dont fill up with following the stated rules sets we will find ways to give interested people a chance to place in more coins
i understand there are people following the mindset we send coins the last day possible (which involve always the risc that late might be to late)
basical that is abuse the other people who send earlier and help the reactor build up coin-age
same like a last day of month investment into DMD cloudmining to get the full month reinvest shares
but thats the way some humans are we cant change mankind...Cryptonit, you said
yes it requires a mandatory wallet upgrade for everybody
so basical any wallet in network have the code integrated that says
yes this special address can sign POS blocks a 4x normal reward rate and its perfect fine
Does that mean that in the new mandatory wallet update, the only changes to the POS code is the acceptans of this new "reactorstaker adress"? Does is mean that the amount of POS blocks will be the same as they are today? Or will there be a larger amount of POS blocks?
Will the reactor stake under the same conditions as all other "normal" wallets, eg split stake, groupstake mechanism, maturity time etc? Or are there any differences in the reactorstaking mechanism compared to what you previous stated here?
answer the plan is that reactor pos works same as other pos only higher rewards
a change in POS blocktime will be dicussed maybe we go from 600sec to 300 sec
initial we chose the high blocktime to make sure there will be ablways wallets who have unspend coin-age who try to create a POS block
as we see now that a lot people support the POS security of network with 24/7 wallets we consider to decrease blocktime a bit to raise the percentage of POS blocks at coin extractionhttp://bit.diamonds/community/index.php/topic,46.msg376.html#msg376Cryptonit, could you please explain in other words what you mean in your quote below. I do not understand what you mean by 100 weeks and so on.
there are some miss understandings or lets say bad explained by us
we now fill the reactor no one did go through a competition for slots so noone have guranteed 40 weeks time in reactor
in fact we start with 100000 dmd in reactor but already after 1 weeks 5 slots will be replaced
that first we slots with duration below 100 weeks we fill with foundation DMD so noone is frustrated his time in reactor was so short....
the other slots are filled by round robin
answer typo 40 weeks (the rest i answered already before)
