In general yes, but I just can get how this number is calculated, disregard explained that it is more conected to the buy orders amount, and it fluctuates a lot, probably becouse of the big spread between buy and sell orders
Yes, so the market uses a multi-sig that is secured by notes. I don't have the math with me, but there's a minimum amount of runners, and more will be added if the market needs more security. The LOCKED LARYNIX of the consensus Notes that have active runners are used as a counter-balance or better said collateral in case of an attack scenario.
So there are 29 Notes in Consensus right now, but only 9 are having Runners. That means they are putting up the collateral and only they are earning rewards right now. That means I need to get more LARYNX to get into the runners again and start getting rewards eventually.
But also, you can see this:
There is 46889 LARYNX above the 1% of HIVE Value level right now. That is massive. We've been around 0.7%-0.8% for all eternity prior to that.
What does that tell me? It shows that while HIVE dipped, LARYIX held its price in USD. Concluding that people are looking to buy more LARYNX at certain price points right now, looks very bullish to me considering the general market trends we see today.
Not sure why would they drop the price .... its just an option for people to earn without runing a node ...in theory they should up the price.... those people are holding larynx now witout any yield
That would be my wild guess as well. What is very certain is that we need to talk more about this topic, nearly 80% of the LARYNX is not getting claimed and that is starting to become bothersome.
Means the Market has woken up, people are putting orders up and notes have increased their stakes significantly.
What does the word "notes" mean in this context?
A server running the node software basically, like a witness.
Ah! Wouldn't have expected that... !LOL
Posted via D.Buzz
maybe next time I don't misspell "nodes" as "notes" :D
...but I'm also not 100% sure if that wasn't auto-corrected by Grammarly
Hahahahaha!!!
It made for a nice laugh, don't feel bad... Funny how nodes turned into notes?
!hivebits !CTP
Posted via D.Buzz
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In general yes, but I just can get how this number is calculated, disregard explained that it is more conected to the buy orders amount, and it fluctuates a lot, probably becouse of the big spread between buy and sell orders
Yes, so the market uses a multi-sig that is secured by notes. I don't have the math with me, but there's a minimum amount of runners, and more will be added if the market needs more security. The LOCKED LARYNIX of the consensus Notes that have active runners are used as a counter-balance or better said collateral in case of an attack scenario.
So there are 29 Notes in Consensus right now, but only 9 are having Runners. That means they are putting up the collateral and only they are earning rewards right now. That means I need to get more LARYNX to get into the runners again and start getting rewards eventually.
But also, you can see this:
There is 46889 LARYNX above the 1% of HIVE Value level right now. That is massive. We've been around 0.7%-0.8% for all eternity prior to that.
What does that tell me? It shows that while HIVE dipped, LARYIX held its price in USD. Concluding that people are looking to buy more LARYNX at certain price points right now, looks very bullish to me considering the general market trends we see today.
Thing is, as they mentioned, delegations will come soon and those will disrupt things quite a bit.... in any case it is always great to get some :)
Do you think delegations will add utility while dropping the price?
Not sure why would they drop the price .... its just an option for people to earn without runing a node ...in theory they should up the price.... those people are holding larynx now witout any yield
That would be my wild guess as well. What is very certain is that we need to talk more about this topic, nearly 80% of the LARYNX is not getting claimed and that is starting to become bothersome.
(EDIT: Duplicate Comment)
Posted via D.Buzz