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lease forging without penalty
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Author Topic: lease forging without penalty  (Read 1932 times)

Tosch110

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lease forging without penalty
« on: May 25, 2015, 10:35:48 pm »

Is it possible to keep on a leased forging without having the penalty of 1440 Blocks when starting the new lease?

For example when I do a new forging lease 1440 blocks before the previous one expires, would this be enough?

tiker

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Re: lease forging without penalty
« Reply #1 on: May 25, 2015, 10:50:06 pm »

I tried re-leasing my balance once before the existing lease ended...  It ended up cancelling the existing lease immediately and resumed after the 1440 block confirmation.

As far as I know, there is no way to renew an existing lease without the 1440 block delay.
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TheCoinWizard

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Re: lease forging without penalty
« Reply #2 on: May 25, 2015, 11:57:36 pm »

Is it possible to keep on a leased forging without having the penalty of 1440 Blocks when starting the new lease?
Yes, by assigning a next lease while the current one is still active.

For example when I do a new forging lease 1440 blocks before the previous one expires, would this be enough?
yes, and it can be done much sooner also.
If you are leasing for the first time, you can immediately lease twice for 32767 blocks each, resulting in a total lease of 65534 blocks.
After the 1440 blocks the lease takes effect, after 32767+1440 blocks the next lease becomes current one and you can set a new next lease. If you would have set it to soon, say after 30000 blocks for example you just overwrite the nxt lease with the one you've just set.
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TheCoinWizard

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Re: lease forging without penalty
« Reply #3 on: May 26, 2015, 12:04:03 am »

I tried re-leasing my balance once before the existing lease ended...  It ended up cancelling the existing lease immediately and resumed after the 1440 block confirmation.

As far as I know, there is no way to renew an existing lease without the 1440 block delay.
You are wrong. Or prove me wrong by showing the transaction id.
Normal nrs behavior would have added the lease as next lease, which would take into effect after current lease is finished (and optionally overwrite the current next lease that was set) with a 1440 block confirmation.

It  could have looked that way if your current lease was just about to expire when you overwrote next lease and thus created the 1440 block gap.
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ScripterRon

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Re: lease forging without penalty
« Reply #4 on: May 26, 2015, 02:13:05 pm »

I tried re-leasing my balance once before the existing lease ended...  It ended up cancelling the existing lease immediately and resumed after the 1440 block confirmation.

As far as I know, there is no way to renew an existing lease without the 1440 block delay.
I do this all the time.  I renew the lease while the current lease is still active.  The second lease takes effect at the block where the first lease expires, so there is no waiting.
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Tosch110

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Re: lease forging without penalty
« Reply #5 on: May 26, 2015, 02:14:49 pm »

Very helpful, thanks :)
 

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