Author Topic: Okcash - Staking calcs improvements implemented - LTSS (Done)  (Read 1614 times)

OKtoshi

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Improvements to be implemented in PoS calculations to the Okcash Staking System.

Technical Sustainability: In aims of improving the system, sustainability and reliability in OK,
while at the same time respecting scarcity.

We came up with a solution to empower OK and secure LTSS, Bitcoin has LTPoW lasting till the year 2140,
with this implementation OK LTTS would be lasting till the year 2148, making it the best PoS partner for Bitcoin
and MicroTransactions.

Economics: the 11 planned halvings will help stabilize the currency and appreciation as they kick in,
There will be some halvings with a 4 years period that will start to give OK more predictability for markets,
securing the trust of services and markets, after the 11th halving OK gets a fixated % (after year 2044*),
this will normalize the OK coins creation to grow in a constant and stable rate for the last 100+ years
becoming the most secure, stable and mathematically predictable PoS coin with LTSS and scarcity.

If Bitcoin is the Gold, OK is the Palladium. Rare and accessible.

Last OK coins to be PoS mined expected between years 2148 - 2188 depending on the % of Network Staking.

LTSS - Long Term Sustainable Staking.

LTPoW - Long Term Proof of Work.

* Aprox year per block count.

Clean readable OK Staking % Calc - Improvements table: http://jsbin.com/pitehet/1
Html txt format: http://pastebin.com/ZBtKZwVG


*************************** Txt Info *****************************

Halvings   Year end*   Year #   Stake %   Coins created for that year   expected with 100% staking net

-   2014   -   -                     36,297,000   End of PoW Start of PoS
-   2015   1   69   25044930   61,341,930   
1   2016   2   20   12268386   73,610,316   
2   2017   3   10   7361031.6   80,971,348   
3   2018   4   5   4048567.38   85,019,915   
4   2019   5   2.5   2125497.875   87,145,413   
5   2020   6   2   1742908.257   88,888,321   
-   2021   7   2   1777766.422   90,666,088   
-   2022   8   2   1813321.751   92,479,409   
-   2023   9   2   1849588.186   94,328,997   
6   2024   10   1   943289.9747   95,272,287   
-   2025   11   1   952722.8744   96,225,010   
-   2026   12   1   962250.1032   97,187,260   
-   2027   13   1   971872.6042   98,159,133   
7   2028   14   0.50   490795.6651   98,649,929   
-   2029   15   0.50   493249.6435   99,143,178   
-   2030   16   0.50   495715.8917   99,638,894   
-   2031   17   0.50   498194.4711   100,137,089   
8   2032   18   0.25   250342.7217   100,387,431   
-   2033   19   0.25   250968.5785   100,638,400   
-   2034   20   0.25   251596      100,889,996   
-   2035   21   0.25   252224.99   101,142,221   
9   2036   22   0.10   101142.221   101,243,363   
-   2037   23   0.10   101243.3632   101,344,607   
-   2038   24   0.10   101344.6066   101,445,951   
-   2039   25   0.10   101445.9512   101,547,397   
10   2040   26   0.05   50773.69857   101,598,171   
--   2041   27   0.05   50799.08541   101,648,970   
--   2042   28   0.05   50824.48496   101,699,794   
--   2043   29   0.05   50849.8972   101,750,644   
11   2044   30   0.03   30525.19329   101,781,169   
   2045   31   0.03   30534.35085   101,811,704   
   2046   32   0.03   30543.51115   101,842,247   
   2047   33   0.03   30552.67421   101,872,800   
   2048   34   0.03   30561.84001   101,903,362   
   2049   35   0.03   30571.00856   101,933,933   
   2050   36   0.03   30580.17986   101,964,513   
   2051   37   0.03   30589.35392   101,995,102   
   2052   38   0.03   30598.53072   102,025,701   
   2053   39   0.03   30607.71028   102,056,309   
   2054   40   0.03   30616.89259   102,086,926   
   2055   41   0.03   30626.07766   102,117,552   
   2056   42   0.03   30635.26549   102,148,187   
   2057   43   0.03   30644.45607   102,178,831   
   2058   44   0.03   30653.6494   102,209,485   
   2059   45   0.03   30662.8455   102,240,148   
   2060   46   0.03   30672.04435   102,270,820   
   2061   47   0.03   30681.24596   102,301,501   
   2062   48   0.03   30690.45034   102,332,192   
   2063   49   0.03   30699.65747   102,362,891   
   2064   50   0.03   30708.86737   102,393,600   
   2065   51   0.03   30718.08003   102,424,318   
   2066   52   0.03   30727.29545   102,455,045   
   2067   53   0.03   30736.51364   102,485,782   
   2068   54   0.03   30745.7346   102,516,528   
   2069   55   0.03   30754.95832   102,547,283   
   2070   56   0.03   30764.18481   102,578,047   
   2071   57   0.03   30773.41406   102,608,820   
   2072   58   0.03   30782.64608   102,639,603   
   2073   59   0.03   30791.88088   102,670,395   
   2074   60   0.03   30801.11844   102,701,196   
   2075   61   0.03   30810.35878   102,732,006   
   2076   62   0.03   30819.60189   102,762,826   
   2077   63   0.03   30828.84777   102,793,655   
   2078   64   0.03   30838.09642   102,824,493   
   2079   65   0.03   30847.34785   102,855,340   
   2080   66   0.03   30856.60205   102,886,197   
   2081   67   0.03   30865.85903   102,917,063   
   2082   68   0.03   30875.11879   102,947,938   
   2083   69   0.03   30884.38133   102,978,822   
   2084   70   0.03   30893.64664   103,009,716   
   2085   71   0.03   30902.91474   103,040,619   
   2086   72   0.03   30912.18561   103,071,531   
   2087   73   0.03   30921.45927   103,102,452   
   2088   74   0.03   30930.7357   103,133,383   
   2089   75   0.03   30940.01493   103,164,323   
   2090   76   0.03   30949.29693   103,195,272   
   2091   77   0.03   30958.58172   103,226,231   
   2092   78   0.03   30967.86929   103,257,199   
   2093   79   0.03   30977.15965   103,288,176   
   2094   80   0.03   30986.4528   103,319,162   
   2095   81   0.03   30995.74874   103,350,158   
   2096   82   0.03   31005.04746   103,381,163   
   2097   83   0.03   31014.34898   103,412,178   
   2098   84   0.03   31023.65328   103,443,201   
   2099   85   0.03   31032.96038   103,474,234   
   2100   86   0.03   31042.27027   103,505,276   
   2101   87   0.03   31051.58295   103,536,328   
   2102   88   0.03   31060.89842   103,567,389   
   2103   89   0.03   31070.21669   103,598,459   
   2104   90   0.03   31079.53776   103,629,539   
   2105   91   0.03   31088.86162   103,660,628   
   2106   92   0.03   31098.18828   103,691,726   
   2107   93   0.03   31107.51773   103,722,833   
   2108   94   0.03   31116.84999   103,753,950   
   2109   95   0.03   31126.18504   103,785,076   
   2110   96   0.03   31135.5229   103,816,212   
   2111   97   0.03   31144.86355   103,847,357   
   2112   98   0.03   31154.20701   103,878,511   
   2113   99   0.03   31163.55328   103,909,674   
   2114   100   0.03   31172.90234   103,940,847   
   2115   101   0.03   31182.25421   103,972,030   
   2116   102   0.03   31191.60889   104,003,221   
   2117   103   0.03   31200.96637   104,034,422   
   2118   104   0.03   31210.32666   104,065,633   
   2119   105   0.03   31219.68976   104,096,852   
   2120   106   0.03   31229.05567   104,128,081   
   2121   107   0.03   31238.42438   104,159,320   
   2122   108   0.03   31247.79591   104,190,567   
   2123   109   0.03   31257.17025   104,221,825   
   2124   110   0.03   31266.5474   104,253,091   
   2125   111   0.03   31275.92736   104,284,367   
   2126   112   0.03   31285.31014   104,315,652   
   2127   113   0.03   31294.69574   104,346,947   
   2128   114   0.03   31304.08414   104,378,251   
   2129   115   0.03   31313.47537   104,409,565   
   2130   116   0.03   31322.86941   104,440,888   
   2131   117   0.03   31332.26627   104,472,220   
   2132   118   0.03   31341.66595   104,503,562   
   2133   119   0.03   31351.06845   104,534,913   
   2134   120   0.03   31360.47377   104,566,273   
   2135   121   0.03   31369.88192   104,597,643   
   2136   122   0.03   31379.29288   104,629,022   
   2137   123   0.03   31388.70667   104,660,411   
   2138   124   0.03   31398.12328   104,691,809   
   2139   125   0.03   31407.54272   104,723,217   
   2140   126   0.03   31416.96498   104,754,634   
   2141   127   0.03   31426.39007   104,786,060   
   2142   128   0.03   31435.81799   104,817,496   
   2143   129   0.03   31445.24873   104,848,941   
   2144   130   0.03   31454.68231   104,880,396   
   2145   131   0.03   31464.11871   104,911,860   
   2146   132   0.03   31473.55795   104,943,333   
   2147   133   0.03   31483.00001   104,974,816   
   2148   134   0.03   31492.44491   105,006,309   
OK is open-source; its design is public, nobody owns or controls OK and everyone can take part.

Okorator

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Re: Okcash - Staking calcs improvements to be implemented - LTSS
« Reply #1 on: July 01, 2016, 03:18:51 PM »
Thanks oktoshi for laying this out for us.

Having this planned, discussed and implemented is paramount to our long term vision.  I see no issue with the current frame work.   Others, keep in mind, this is adjustable later.

CryptoGermanBro

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Re: Okcash - Staking calcs improvements to be implemented - LTSS
« Reply #2 on: July 02, 2016, 05:11:51 AM »
Very great POS plan! This should work out well with increasing demand and future adoption. Thumbs up!  :)

Jimmy16

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Re: Okcash - Staking calcs improvements to be implemented - LTSS
« Reply #3 on: July 16, 2016, 09:41:21 PM »
So the "%" increase is based on  all the supply of coins being staked, or are they divided to the PoS working on the network?

OKtoshi

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Re: Okcash - Staking calcs improvements to be implemented - LTSS
« Reply #4 on: August 26, 2016, 06:45:53 PM »
So the "%" increase is based on  all the supply of coins being staked, or are they divided to the PoS working on the network?

The % is based on the coins being staked
OK is open-source; its design is public, nobody owns or controls OK and everyone can take part.