people getting into this coin now have no chance to stake or must be really lucky?
you missed the most important part,
need to gain weighthigher weight = higher chance of successful stake
weight = number of coins * coin age
What about the people who've been staking for a longer period, do they take priority in staking payout? I think something fishy is happening here. If staking is taking so long for the normal/new user then why bring in new users? I'm going to investigate this further.
coins gain weight the longer they are staking thus giving them greater chances of successfully staking
after successfully staking, those coins age and weight reset to 0 so the chances are exactly the same for everyone, new or old
the only significant change is "current difficulty"
if you are familiar with traditional mining, more miners means higher network hashrate resulting in greater difficulty
POS is the same with traditional mining
with greater difficulty, higher weight is required to get a successful stake
by the way, i noticed your signature is XCurrency which is also using POS to secure the network, its the same exept XC has min stake age of 8 hrs where as in HYP min stake age is 8.8 days and of course POS interest of 3.33% vs 750% per year