Bitcoin Forum

Is NODE going to show the way for crypto-world how to connect on to real-world economics ?
That's what i have been thinking lately. Conclusion: Yes.
 
Integrating Nodecoin, Bitcoin, Euro and USD in to one wallet sounds amazing. And together with
Node-pay and Node-bank, It will be very convinient way of moving and exchanging money, both
Fiat and Crypto.

PoA-algoritm and instant transactions is in the package by default. Nodecoin could be
easily used in the cash-register soon, it's that fast.

I red early version of their whitepaper (from nodecoin.com) and saw the development been
done in few months and that made me believe this is going to be one of the biggest crypto for sure.

I have been following this project since the beginning, but i was having my doughts and were
not investing before i see it is released and show some progress and also marketing
effort begins... Now it all start happening... (http://www.cnbc.com/id/102165809)

I'm just hoping they will get a couple of good spokesmen on board who could speak
fluently english and russian so information from devs to users will flow here in BCT-forum and
elsewhere where it happens mostly in english. And everybody will notice this stunnishing project.

NODE and NEM will be a revolution

What is Node-pay and Node-bank? If you can pay fiat into it somehow then what KYC system does it have?

There is some info in the whitepaper under "payment prossessing system". You need to register at the Nodebank, when dealing with Fiat.

Is the Nodebank decentralized or centralized?

Nodebank has to be centralized of course.

edit: when depositing/withdraw Fiat, that happens through centralized gateway to/from credit card or wire transfer etc., everything else is decentralized.

As i understud, deposit/withdraw Fiat it is the only centralized thing in the Node system. You have a control of your money, when it is in your wallet.

Is NODE out yet? I haven't checked out their ANN in a while.

How fast are fully confirmed transactions? Dark coin is testing some new technology to speed up transactions and I was wondering how well NODE compares.

Yes it is released and currently traded at Bter.

There is said 50-100 confirmations in second  :o   on that CNBC-press release. Link above in the first post.

The best thing is there are no empty blocks, so no blockchain bloat.

Betteridge's law of headlines says, "no."

I hope Node makes the thresholds between Fiat-world and Crypto-world lower so it will be more convenient for people to move between two worlds and eventually it will alter the balance towards decentralized money without central banking, when people start seeing the benefits for them.

http://bitcoinmagazine.com/18097/node-second-generation-cryptocurrency-with-different-codebase-to-bitcoin-launches/
Long time development, i think dev team very serious about this coin  ;)

Node belongs to top 5 of the coins right now imho. Just bought some more. Great journey ahead...

I'm gonna be rich, not later than february.  8)

http://bitcoinmagazine.com/18097/node-second-generation-cryptocurrency-with-different-codebase-to-bitcoin-launches/

One of the key features that sold me was the online wallet and easy cheap forging that can be done on any PC. I know us hard core cryptos carry our wallets everywhere, have the best miners, create cold storage and have all the best encryption software but if we ever want cryptocoins to be more than a hipster club we have got to make it easy for people who don't want to read the white papers, join a mining pool, buy hardware or even understand what a blockchain is to use. NODE is the next step in that process. Plus when immigrant workers find out that they can send FIAT back home for such a small fee and they don't have to worry about government X banning it because some federal bank wanted to ban decentralized currencies this thing is going to explode. We just have to carry it until then.

Do you need half a million coins before you can forge?

usually the confirmations are there in a few seconds and the transaction is complete in around seconds to 1 minute.

yes you need 500k NODE in your wallet in order to forge.

I think there is not much to say. White Paper says it all. NODE has a solid and real touch with the street. Development is constant. They have PR, lawyer, devs working. I'll personally use NODE to move and spend my money as soon as it launches as i travel often and i dont like to be paying taxes in every country, waiting weeks, commissions to bank and a lot of barriers bank system has. I'd like they could add more currencies with time. It seems is in their plans to expand NODE and add more currencies so i already bought a couple millions.. and for sure im gonna drop more money when is fully deployed.

Edit: Plus there is no inflation and just by having my client open in my 2 years old laptop already allow me to forge (earn more money by just contributing to node having my client open)

Sounds like a solid plan, so Gizfreak's law says no guts, no glory.
I doubt if it is the ultimate solution, but at least it can be THE solution for the decreasing interest in cryptocurrency atm.

Correct. Maybe it'll come down soon but that's how it is for now.

I've wondered this recently and I think it might be the way to go! (hopefully this will post been trying for the last 5 minutes)

Creating blocks "on demand", only when there is transactions, no un-necessary empty blocks, is nice feature and together with the ability to forge blocks
with very low power hardware like an old laptop makes Node very efficient and "green".
When Node-pay goes alive it will make crypto more usable and expand the userbase a lot. I think all this makes Node worth mentioning.

Instant transactions is the ultimate killer feature. Hope it will still work with lots of transactions.

excellently! I'm so thrilled this coin is receiving so much support now, it deserves it.

just found this. Make $500 per day with NodeCoin Crypto currency  :o
http://nodecoin.blogspot.com/2014/11/how-to-make-500-per-day-with-NodeCoin-Crypto-currency.html

I like node projects, I am invested in XCR personally, but I think the instant transactions of Node is pretty cool and might have some use down the road.

Thats a good thing to hear from a person like you, NODE need people like you who support devs and the community. I am sure you will invest in NODE too  :P

I don't think I will invest, I put my actual money into XCR and I don't regret it, I think when things are delivered they'll bring substantial value to it's network.
Sorry for derailing!

but I always look at other projects too because this is all interesting to us, right. I was just playing with the thought of instant transactions for a project of my own, because 10 mins blocktime too slow for my kind of activity!

but I can't sadly put one of the solutions needed based on Node technology, because whilst interesting, it needs to have uptime and show stability.
We all know altcurrencies in general have networks, that are easy for malicious actors to take down without needing much capital, so the network has to grow and show that it's here to stay, for others to be able to trust it enough to build something to rely on its technology. if these impressive transaction times are fully secure and will keep it as such, in some time, it can be used for a variety of different services and solve some problems bitcoins blocktimes cant, but the network has to prove itself stable and only thing to do that is simply uptime. so maybe, in some time, your investment will make more sense to you, I don't know because I am like I said not fully researched on Node  :)

yes this is good.
buy based your trust and analysis and don't regret it.
better to research first.
follow your dream by doge meme  ;D

NodePay launching soon.
this is like paypal,okpay,egopay and integrated with nodecoin.

https://gust.com/companies/nodepay

Did anyone found more info about nodepay the company than this (link above)?
What is the exact house number or is it a letterbox company?
And here's the website of the manager Llew Adamson.
http://adamson.org.za/index.html#

Did anyone found more information?

26th of March they will announce all the legal details about Nodepay, waiting patiently  :)

Ok. I'll wait one more day :D

I think it's way too early to say.

1) No actual whitepaper how the network works especially regarding instant-tx
2) No details on how NODEPay will actually work. It sounds like a centralized exchange (like Bter, Cryptsy,...) only that it's run by the same people that "run" the cryptocurrency. I also don't see any advantage over Ripple (quite the oppsosite actually).

So yeah...too early. Rly there are no details on anything available.

It's definitely worth keeping an eye on though.