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Our friendly country Turkey has built a very beautiful OjuKhana/(banyo) in my own area in Bangladesh. This area of mine is not very prosperous. I was in dire need of such a "Banyo" in this area. My local people are very satisfied with this OjuKhana /Banyo from Turkey. I thank Turkey on behalf of myself and the people of the region for doing such a wonderful work . Urgent request to moderators if this post of mine is not suitable in this place then please transfer it to suitable place.
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I had been hoarding some bitcoins for a long time. But today I was forced to sell that bitcoin for family needs. Tried a lot but could not manage the required money. Maybe nearing a bull market I sold my bitcoins. I am having a lot of trouble selling this bitcoin I have built up over the years. I am grateful to this bitcoin forum because if it wasn't for this bitcoin forum today I might not have found a solution to my need.  |
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 Pic collected Looking at the chart of Bitcoin price every year we can see that every 3 years after 4 years Bitcoin price has been dumping a lot. Bitcoin price was up from 2011 to 2013. Bitcoin is down in 2014. Again from 2015 to 2017 Bitcoin is up and in 2018 Bitcoin is down again. Then Bitcoin went up from 2019 to 2021 and Bitcoin dumped a lot in 2022. After analyzing the year 2023 from here, it is seen that Bitcoin will rise. But do you think bitcoin will be up or bitcoin down in 2023?
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***WELCOME TO THE NEW SELF MODERATED THREAD*** In an attempt to leverage more of our resources and capitalize on the revenue growth potential in content monetization please visit our mirror thread which we host at (BCT may restrict or limit certain images from being displayed). To view unrestricted images and content visit NicNacCoin is a digital cryptocurrency that operates on a community-based standard of value using peer-to-peer (P2P) networking as the means of conducting transactions. Rather than having a central authority determine the value of the currency, its worth is determined by the number of products and services people are willing to buy or sell using NicNacCoins. NicNacCoins have a global value, so they can be used in any country, at any time. NicNacCoin is also open-source; its architecture is public, nobody owns or controls NicNacCoin and anybody can take part. NicNacCoin specificationsAlgoCryptonote *Learn more in our blog Money Supply44,674,407.3709551615
Coin decimal point10 Percent of premined coins0 Emission speed factor16 Block Reward Emission CurveStart at 681.6669569945 NNC with a slight decrease of block reward each block. 88.89% of coins will be emitted in the first 100 days. Difficulty target (in seconds)60 Transactions fee0.0000010000 NNC This coin was created with NITHRIUS in mind. In the year of our lord 2000+17 a pilgrimage shall be embarked on by a dedicated and passionate people. A people whose phlight of financial bondage has weighed heavy on their necks. Nithrius is a digital eco-system of retailer, merchants and consumers who have mustered their courage and pitched lot together. I actually work with a few merchants who would like to take this coin as payment for their products, working to develop payment gateway platform which allows them to custom make their own PAY NOW button and the amount will instantly reflect what ever fiat to the exchange list price of NNC. Working on OS like google play which can be put into devices that developer can build apps on and sell for NNC. Auctions platforms as well and so much more. So mine NNC now. It was intended to mint fast in the beginning to reward early miners. The emission rate dictate nearly 88% coin mined within the first 4 months; then the reward per block is like 73 NNC and around 8 NNC about day 200. That will be good for price and leave enough time for projects in the pipeline to trickle about. Join me on our journey of Nithrius. Try this quick and easy WIN 64 CLI wallet to get up and running it is simpleIntroduction Video and Wallet setup Part 1 Introduction Video and Wallet setup Part 2 Introduction Video and Wallet setup Part 3 NicNacCoin-Windows Wallethttps://github.com/forknote/forknote/releases/download/2.1.2/forknote-windows.zipNicNacCoin-Linuxhttps://github.com/forknote/forknote/releases/download/2.1.2/forknote-linux.tar.gzNicNacCoin-MAChttps://github.com/forknote/forknote/releases/download/2.1.2/forknote-mac.zipSource code - github ensure your system has the required dependencies to build. https://github.com/forknote/forknoteusing configuration parameters https://github.com/nicnaccoin/configs/blob/master/nicnaccoin.confFor non-English speaking users who may have trouble with the Wallet Setup videos we have provided a link to NicNacWindows_64-bit download which contain a win64 NicNacCoin Wallet completely setup How to use: Download the Zip file and extract the contents Launch NicNacd and allow the blockchain to completely sync Launch Simplewallet and Generate your wallet address Once your address is generated you will need to modify 'miner' file to update the address (for solo mining only) https://mega.nz/#!IIohmZ4B!YvLG89iuyYQq0cRBxhWFHBRMgi-9jzuRX8-ECpS3C5Y Blockchain download:Best practice is always sync blockchain from genesis to ensure your are free from potential threats and other risks associated with downloaded material. Only download material from trusted sources. NicNacCoin utilizes CHECKPOINT feature in it configuration setup for the fastest sync time possible. Blockchain download can be used to quickly connect to a network.  Size: 2.43 GB Height: 394202 How to use:Download zip file and extract the contents. Move 'nicnac' to - User - Appdata - Roaming Launch NicNacd and allow remaining blocks to sync. Launch Simplewallet For help with wallet issues please use Support Form to the log issue  PoolsWatch a quick tutorial video for CPU mining ExchangeDonation Address to be use for Coin Exchange Listing request Bitcoin (BTC) 3Ej7EySGYX3S9Kifp2LJJuUGjG7TRZtk21 Bitcoin Cash (BCH) 16KVdsa5PDBeLUJCQQ3Ar9RMmF8Yy2veGC Bitcoin Gold (BTG) GdfYibojp5EucBbCe4kGzPFkjgZx1TxEAZ Ethereum (ETH) 0x25bffeca6410cb4b1dbf7fab87130fca38e42044 Ethereum Classic (ETC) 0xd5d5eb8a6224b9ba5a052a08d41066019ce57605 Litecoin (LTC) LWoa3r8MydKrTK1oA5gKUKEarEqQcnDSdg Doge Coin (DOGE) DAcuvmFePKJJbBpKTV6ktb8AYoV5sihQ3a https://nicnaccoins.com/altcoin/home Register at https://nicnaccoins.com/altcoin/private_access_begin
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NicNacToken NicNacToken - ERC: Token standard #20 on the Waves Platform - available for exchange through DEX (Decentralized Exchange)
The digital currentcy that allows you to earn tokens for your video content *Please do not upload adult content, material that is unlawful, shows violent or abusive acts to humans or animals. Such material will be turned over to proper law enforcement along with ip address.Our servers are filled with over 346TB of user generated content who will be paid in NicNacToken. You can be one too Created by: 3PKmuCgi...J45vBbKB on Wednesday, Apr 12 2017 21:12 Quantity: 365,000,000,000.000 (3 decimals) Website: http://www.nicnactoken.siteTwitter: https://twitter.com/NicnacTokenCoin Ranking: https://coinranking.com/coin/nicnactoken-nicnacWallet: http://nicnactoken.site/nicnacGet the Mobile APP: Android Exchange: https://beta.wavesplatform.com/NicNacToken is a currency made available for premium video content makers who would like to enter into agreement to create high quality HD videos content for distribution on the Nithrius platform. Producers of such content will be paid in NNT which and be exchanged or cash, Bitcoin, Waves, Ethereum, BitcoinCash, Zcash, Euros, and many other crytocurrency and token assets. Soon NicNacToken will will used to purchase eGift digital shopping card to many major retailers such as Walmart, BestBuy, Amazon, Starbucks and many more. To begin using NicNacToken you must either purchase through Waves DEX platform or submit an application to become a media producer through the Nithrius platform. All applications are carefully screened to ensure the highest level of media content is made available through the platform. For Premium Media Content partnership application please request application by e-mailing your request to: *Great for those with youtube channel who monetize their content for online revenuemediapartner@nicnactoken.site Not a high level content producer but still would like to share your video with the community and earn NicNacToken? Click here to upload your material. NicNac Entertainment is a global digital media brand and the original creator network. Founded in 2009 as a collaborative content engine, NicNac Entertainment continues to innovate by producing award-winning original series featuring global creators; our content and creators attract billions of views every month across social and on-demand platforms worldwide. |
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 REELbit ticker (REEL) Identifier: H8VZ4B7iemzREDDLWZkFeESS63u85j5hr4sD7xqvDm5t (REEL), Waves asset - Issued by NicNacCoin Entertainment division, through the Waves blockchain. REELbit was created for New Media Film makers with budget challenged projects in mind. REELbit allows you to compensate key contributors to your project; for film makers working with little to no budget. REELbit can be distributed to actors, crew members and even to financial donors as means of reward and loyalty. Now that we've convinced you that using REELbit can help your project compensate cast, crew and supporters we are happy to tell you that REELbit can also be used as a payment gateway for online box-office revenue generation utilizing Waves BaaS (Blockchain as a Service). Now you are able to accept REELbit for ticket sales, subscription services and pay-per-view content (livestream to be added in the future). REELbit can then be exchanged by yourself, crew, cast members and supporters for US Dollar, Euro, Yen, Bitcoin, Waves and other digital currency via DEX platform. REELbit will be dispursed by NicNacCoin Entertainment through: Open Online Application Submission for REELbit package (10,000 NNT) https://nicnaccoins.com/altcoin/nnt-package_appor Direct Purchase of REELbitpackage through Waves DEX (10,000 NNT) https://nicnaccoins.com/nntPlatform Wallets
Google Play liteclient https://chrome.google.com/webstore/detail/wavesliteapp/kfmcaklajknfekomaflnhkjjkcjabogm
Google Play Mobile app https://play.google.com/store/apps/details?id=com.wavesplatform.wallet
APPLE app store https://itunes.apple.com/us/app/waves-wallet/id1233158971?mt=8
Mobile apphttps://wavesplatform.com/mobile.php
Chrome store https://chrome.google.com/webstore/detail/wavesliteapp/kfmcaklajknfekomaflnhkjjkcjabogm
Github https://github.com/wavesplatform/WavesGUI/releases
Full Node http://wavescommunity.com/fullnode/#
EXchangehttp://nicnaccoins.com/nntIdentifier: Reelbit H8VZ4B7iemzREDDLWZkFeESS63u85j5hr4sD7xqvDm5t |
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 NICNACCOINS Platform  Coin or Token Not listed on any exchange? Doesn't Matter. WTB or WTS
It doesn't matter is you "Want To Buy (WTB)" or "Want To Sell (WTS)"
You should look to protect your investment with NicNacCoin escrow Exchange
Coin or Token Not listed on any exchange?
Hundreds of traders are trading now. Currencies not yet listed or already listed on exchange. There is no listing fee, no voting or request form to a coin added. Simply signup, setup your Merchant account along with your seller escrow terms and you are ready to list any coin for trade.
You select your currency pairs. NicNacCoins does not deduct or withhold any amount of your trade as a fee. Buyers and Sellers both recieve email notification of new escrow trade and the Seller is alerted once payment confirmation has been completed.  Seller the sends the coin(s)/token(s) to the buyer and the buyer can either release funds early from escrow or file dispute for coins not recieved and all funds are returned.  ***Have unwanted and no longer used items laying around*** Why not turn them into crypo. Visit our Market Zone and list any item for sale, accept any crypto and your escrow terms.
It is fast, easy and the safest way to trade online with crypto. Become a member today and list your coin(s)/token(s) or any item for sale and earn crypto. Visit: nicnaccoins.com/altcoinquestions please pm or submit a contact-us form on our site. Thanks |
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Qynark Token "Your media content, Your way" What is Qynark
Qynark is a digital currency designed for payment on the Nithrius platform. Created for producers of online media content to be distributed via the Nithrius video player. The Nithrius video player provides for uploading and video conversions of your media content. Once uploaded and converted the media is playable via the Nithrius video player in a way dictated by you the producer. Media content can be offered in a pay-per-view option, subscription service or free viewing. The Nithrius player allows the producer to monetize his/her content and to seek their own advertisers and sales ad impression or pre/post roll video ads at a cost set by the producer allowing you to keep 100% on all montization revenue (Compared to 35% offered by Youtube). We offer domain locking controls, geographical, ip resticting options so you control were your content is displayed. Our Nithrius advserver can even distribute ads to direct traffic to your media.
Qynark is the assest token the truely allow producers of media content the option to monetize your content and maximize your revenue. "Your Media Content, Your Way"  See our Nithrius platform, and Video Player in action along with pricing options. Coin Specifications Contract JSON Interface [ { "constant": true, "inputs": [], "name": "name", "outputs": [ { "name": "", "type": "string", "value": "Qynark" } ], "payable": false, "type": "function" }, { "constant": false, "inputs": [ { "name": "_spender", "type": "address" }, { "name": "_value", "type": "uint256" } ], "name": "approve", "outputs": [ { "name": "success", "type": "bool" } ], "payable": false, "type": "function" }, { "constant": true, "inputs": [], "name": "totalSupply", "outputs": [ { "name": "", "type": "uint256", "value": "3650000000000" } ], "payable": false, "type": "function" }, { "constant": false, "inputs": [ { "name": "_from", "type": "address" }, { "name": "_to", "type": "address" }, { "name": "_value", "type": "uint256" } ], "name": "transferFrom", "outputs": [ { "name": "success", "type": "bool" } ], "payable": false, "type": "function" }, { "constant": true, "inputs": [], "name": "decimals", "outputs": [ { "name": "", "type": "uint8", "value": "4" } ], "payable": false, "type": "function" }, { "constant": true, "inputs": [], "name": "standard", "outputs": [ { "name": "", "type": "string", "value": "Token 0.1" } ], "payable": false, "type": "function" }, { "constant": true, "inputs": [ { "name": "", "type": "address" } ], "name": "balanceOf", "outputs": [ { "name": "", "type": "uint256", "value": "0" } ], "payable": false, "type": "function" }, { "constant": true, "inputs": [], "name": "symbol", "outputs": [ { "name": "", "type": "string", "value": "QYK" } ], "payable": false, "type": "function" }, { "constant": false, "inputs": [ { "name": "_to", "type": "address" }, { "name": "_value", "type": "uint256" } ], "name": "transfer", "outputs": [], "payable": false, "type": "function" }, { "constant": false, "inputs": [ { "name": "_spender", "type": "address" }, { "name": "_value", "type": "uint256" }, { "name": "_extraData", "type": "bytes" } ], "name": "approveAndCall", "outputs": [ { "name": "success", "type": "bool" } ], "payable": false, "type": "function" }, { "constant": true, "inputs": [ { "name": "", "type": "address" }, { "name": "", "type": "address" } ], "name": "allowance", "outputs": [ { "name": "", "type": "uint256", "value": "0" } ], "payable": false, "type": "function" }, { "inputs": [ { "name": "initialSupply", "type": "uint256", "index": 0, "typeShort": "uint", "bits": "256", "displayName": "initial Supply", "template": "elements_input_uint", "value": "3650000000000" }, { "name": "tokenName", "type": "string", "index": 1, "typeShort": "string", "bits": "", "displayName": "token Name", "template": "elements_input_string", "value": "Qynark" }, { "name": "decimalUnits", "type": "uint8", "index": 2, "typeShort": "uint", "bits": "8", "displayName": "decimal Units", "template": "elements_input_uint", "value": "4" }, { "name": "tokenSymbol", "type": "string", "index": 3, "typeShort": "string", "bits": "", "displayName": "token Symbol", "template": "elements_input_string", "value": "QYK" } ], "payable": false, "type": "constructor" }, { "payable": false, "type": "fallback" }, { "anonymous": false, "inputs": [ { "indexed": true, "name": "from", "type": "address" }, { "indexed": true, "name": "to", "type": "address" }, { "indexed": false, "name": "value", "type": "uint256" } ], "name": "Transfer", "type": "event" } ] Expanse wallet functionsGetting started - Download Expanse GUI Wallet  http://www.expanse.tech/Click ContractsClick Watch ContractEnter Contract Name, Enter Contract Address and JSON Interface (all can be found above) At this point you can view the coin supply of Qynark by scrolling to Balance of and enter address 0x29045E288813C041bf759B013d9DF007A43f6194 (This feature can be used to check the balance of any QYK address) How to generate Qynark (QYK) wallet address*You will have to own atleast (1) Expanse Coin or this option will not be available to you.Click WalletsClick ADD WALLET CONTRACTEnter in Wallet contract name: Qynark Set as Single Owner AccooutClick CreateEnter you wallet passphrase This will create your Qynark wallet address to send and receive QYK Tokens (This Qynark wallet address will generate when one block has been generated on the chain.) Viewing your QYK Token balance (This only needs to be done once) Click CONTRACTSClick WATCH TOKENEnter Wallet Address 0xE8Cb1Cdd6Dd5FEf3667d6e8E4A576971B77F06B1 (This will auto-fill all needed information) ReminderHow to check available coin supplyTo check coin supply: In Expanse wallet click CONTRACTS Click Qynark smart contract In Balance of enter address 0x29045E288813C041bf759B013d9DF007A43f6194 (This feature can be used to check the balance of any QYK address) How to monitor transactionsTo check for transactions In Expanse wallet click CONTRACTS Click Qynark smart contract Scroll down and transaction events autopopulate. Click any transaction to see it details. Advantages of Blockchain
Like Bitcoin, Expanse (EXP) uses a blockchain platform that encourages people (“miners”) to take part in the regulation and infrastructure management of the system as a whole. These miners use a Proof-of-Work protocol to create “blocks” of information. Each block references certain quantities of data (including identifying information and how much work was needed to complete that data set) and then several of these blocks are connected to one another to create a blockchain.
While both Bitcoin and Expanse (EXP) are blockchains, Expanse (EXP) (unlike Bitcoin) creates a digital bearer note and is considered “stateful” (as opposed to stateless, as Bitcoin’s blockchains are). All blockchains created on the Ethereum network can be programmed to be virtually cognizant of any previously existing blocks or blockchains while working toward following specific chain reactions as time goes on and certain qualities are met. The ability to program those blockchains to take those specific actions is created by use of smart contracts.
Openness and transparency are the primary benefits of the blockchain-based platform. All users of Qynark-Token have full access to review any Qynark-Token transactions and the company has no power to prevent this from happening – now or in the future. This transparency provided as a standard of the Expanse (EXP) blockchain has led to the interchangeability of the terms “blockchain” and “public ledger.”
From a technical perspective, the primary benefit of the blockchain is that it gives Qynark-Token the ability to remain robust and simultaneously provide the security required. While a number of blockchain platforms boast these same features, Expanse (EXP) requires significantly fewer resources compared to other solutions, which allowed Qynark-Token to get up and running in record time.
Advantages of Smart Contracts
All transactions on any Expanse (EXP) platform (including Qynark-Token) are recorded in both private and public ledgers and the two can then be used as comparison documents for auditing purposes. The public ledger is, essentially, the blockchain and the terms are sometimes used interchangeably. The public ledger provides a way for all Qynark-Token users to review Qynark-Token transactions, creating a transparency unattainable by many other currencies – digital or otherwise.
The private ledger, on the other hand, is only visible by Qynark-Token employees as it links the transactions to personal identifying information, including the user’s name and contact information, which are never available as part of the public ledger. When compared, the public and private ledger include identical transactions.
By using the Turing-complete contract model, Expanse (EXP)’s smart contracts (also sometimes referred to simply as “EXP Contracts” or simply “Contracts”) are able to require compliance of the contracts’ built-in constraints.
Smart contracts make Expanse (EXP) one of the most secure platform on top of which to build a system, buy, sell, and trade cryptocurrency, and that is why it was chosen for Qynark-Token.
Why is there a limit?
By creating a scarcity of availability, the demand for Qynark-Token will be further driven upward as its inherent value is determined through market forces.
How is the limit controlled?
The 365-million-coin limit is controlled by the Qynark-Token smart contract.
Because it’s written into and enforced by the smart contract, no person or company can override that maximum.
Introduction of Qynark-Token to the Marketplace
In order to create an inherent value of the currency, Qynark-Token is the only currency accepted as payment for digital media content producer services on the Nithrius Platform. |
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  Coin Specifications Nithryum Coin specsName: Nithryum Ticker: NITQuanity: 150,000,000.00000000Decimal Places: 8Address: 0x6b0c61dd581046608d221517e5904dc85c958847Algo: Token Asset - UBiQ blockchain, Smart Contract: *Non-minable Wallet  https://ubiqsmart.com/ Explorer Blockchain Explorer: https://ubiqscan.io/enContract JSON Interface : [ { "constant": true, "inputs": [], "name": "name", "outputs": [ { "name": "", "type": "string", "value": "Nithryum" } ], "payable": false, "type": "function" }, { "constant": false, "inputs": [ { "name": "_spender", "type": "address" }, { "name": "_value", "type": "uint256" } ], "name": "approve", "outputs": [ { "name": "success", "type": "bool" } ], "payable": false, "type": "function" }, { "constant": true, "inputs": [], "name": "totalSupply", "outputs": [ { "name": "", "type": "uint256", "value": "15000000000000000" } ], "payable": false, "type": "function" }, { "constant": false, "inputs": [ { "name": "_from", "type": "address" }, { "name": "_to", "type": "address" }, { "name": "_value", "type": "uint256" } ], "name": "transferFrom", "outputs": [ { "name": "success", "type": "bool" } ], "payable": false, "type": "function" }, { "constant": true, "inputs": [], "name": "decimals", "outputs": [ { "name": "", "type": "uint8", "value": "8" } ], "payable": false, "type": "function" }, { "constant": true, "inputs": [], "name": "standard", "outputs": [ { "name": "", "type": "string", "value": "Token 0.1" } ], "payable": false, "type": "function" }, { "constant": true, "inputs": [ { "name": "", "type": "address" } ], "name": "balanceOf", "outputs": [ { "name": "", "type": "uint256", "value": "0" } ], "payable": false, "type": "function" }, { "constant": true, "inputs": [], "name": "symbol", "outputs": [ { "name": "", "type": "string", "value": "NIT" } ], "payable": false, "type": "function" }, { "constant": false, "inputs": [ { "name": "_to", "type": "address" }, { "name": "_value", "type": "uint256" } ], "name": "transfer", "outputs": [], "payable": false, "type": "function" }, { "constant": false, "inputs": [ { "name": "_spender", "type": "address" }, { "name": "_value", "type": "uint256" }, { "name": "_extraData", "type": "bytes" } ], "name": "approveAndCall", "outputs": [ { "name": "success", "type": "bool" } ], "payable": false, "type": "function" }, { "constant": true, "inputs": [ { "name": "", "type": "address" }, { "name": "", "type": "address" } ], "name": "allowance", "outputs": [ { "name": "", "type": "uint256", "value": "0" } ], "payable": false, "type": "function" }, { "inputs": [ { "name": "initialSupply", "type": "uint256", "index": 0, "typeShort": "uint", "bits": "256", "displayName": "initial Supply", "template": "elements_input_uint", "value": "15000000000000000" }, { "name": "tokenName", "type": "string", "index": 1, "typeShort": "string", "bits": "", "displayName": "token Name", "template": "elements_input_string", "value": "Nithryum" }, { "name": "decimalUnits", "type": "uint8", "index": 2, "typeShort": "uint", "bits": "8", "displayName": "decimal Units", "template": "elements_input_uint", "value": "8" }, { "name": "tokenSymbol", "type": "string", "index": 3, "typeShort": "string", "bits": "", "displayName": "token Symbol", "template": "elements_input_string", "value": "NIT" } ], "payable": false, "type": "constructor" }, { "payable": false, "type": "fallback" }, { "anonymous": false, "inputs": [ { "indexed": true, "name": "from", "type": "address" }, { "indexed": true, "name": "to", "type": "address" }, { "indexed": false, "name": "value", "type": "uint256" } ], "name": "Transfer", "type": "event" } ] Fusion wallet functionsGetting started - Download Fusion GUI Wallet https://ubiqsmart.com/Click Contract Click Watch contract Enter Contract Name: Nithryum, Enter Contract Address: 0x6b0c61dd581046608d221517e5904dc85c958847 and JSON Interface (can be found above) How to generate Nithryum (NIT) wallet addressClick Wallets Click ADD WALLET CONTRACT Enter in Wallet contract name: NithryumSet as Single Owner Accoout Click Create Enter you wallet passphrase This will create your Nithryum wallet address to send and receive NIT Coins Click CONTRACTS Click WATCH TOKEN Enter Wallet Address 0x6b0c61dd581046608d221517e5904dc85c958847 How to check available coin supplyTo check coin supply: In Fusion wallet click CONTRACTS Click Nithryum smart contract In Balance of enter address 0x3e7F2a37f807cf3C0C1F717Fe4Da1F1f2eB5B698 (This feature can be used to check the balance of any NIT address) How to monitor transactionsTo check for transactions In Fusion wallet click CONTRACTS Click Nithryum smart contract Scroll to Watch contract events and click radio box How to purchase Nithryum CoinWhy UBiQ?Ubiq was selected as the best option for Nithryum-Coin despite the platforms relatively recent entrance to the marketplace at the time of Nithryum-Coin’s inception because the platform built itself upon blockchains and smart contracts, which inspired all of the confidence required from Nithryum-Coin’s founders. Advantages of BlockchainLike Bitcoin, Ubiq uses a blockchain platform that encourages people (“miners”) to take part in the regulation and infrastructure management of the system as a whole. These miners use a Proof-of-Work protocol to create “blocks” of information. Each block references certain quantities of data (including identifying information and how much work was needed to complete that data set) and then several of these blocks are connected to one another to create a blockchain. While both Bitcoin and Ubiq are blockchains, Ubiq (unlike Bitcoin) creates a digital bearer note and is considered “stateful” (as opposed to stateless, as Bitcoin’s blockchains are). All blockchains created on the Ethereum network can be programmed to be virtually cognizant of any previously existing blocks or blockchains while working toward following specific chain reactions as time goes on and certain qualities are met. The ability to program those blockchains to take those specific actions is created by use of smart contracts. Openness and transparency are the primary benefits of the blockchain-based platform. All users of Nithryum-Coin have full access to review any Nithryum-Coin transactions and the company has no power to prevent this from happening – now or in the future. This transparency provided as a standard of the UBiQ blockchain has led to the interchangeability of the terms “blockchain” and “public ledger.” From a technical perspective, the primary benefit of the blockchain is that it gives Nithryum-Coin the ability to remain robust and simultaneously provide the security required. While a number of blockchain platforms boast these same features, UBiQ requires significantly fewer resources compared to other solutions, which allowed Nithryum-Coin to get up and running in record time. Advantages of Smart ContractsNithryum-Coin founders ultimately chose UBiQ because of its smart contracts. Nithryum-Coin is bought, sold, and traded based on a system that matches buy and sell orders automatically. There is no risk of collusion or inside trading, because all purchases are anonymous (to the buyer and to the seller) and the buyer is required to accept the first offer that meets his requirements. However, there is also no risk of Nithryum-Coin being used for illegal or suspicious purposes, because all transactions are recorded in both a private and a public ledger. All transactions on any UBiQ-based platform (including Nithryum-Coin) are recorded in both private and public ledgers and the two can then be used as comparison documents for auditing purposes. The public ledger is, essentially, the blockchain and the terms are sometimes used interchangeably. The public ledger provides a way for all Nithryum-Coin users to review Nithryum-Coin transactions, creating a transparency unattainable by many other currencies – digital or otherwise. The private ledger, on the other hand, is only visible by Nithryum-Coin employees as it links the transactions to personal identifying information, including the user’s name and contact information, which are never available as part of the public ledger. When compared, the public and private ledger include identical transactions. By using the Turing-complete contract model, UBiQ’s smart contracts (also sometimes referred to simply as “UBiQ Contracts” or simply “Contracts”) are able to require compliance of the contracts’ built-in constraints. Smart contracts make UBiQ the most secure platform on top of which to build a system, buy, sell, and trade cryptocurrency, and that is why it was chosen for Nithryum-Coin. Open SourceThe majority of the underlying smart contracts upon which Nithryum-Coin was built are open source. Components were sourced primarily from GitHub, with additional components other sources, including Geth (UBiQ), Web3 Javascript API (UBiQ), EthLightwallet (UBiQ transaction signing), Meteor (web front end), and Mongo (NoSQL database). Buying (NIT)Your Fusion Wallet The major advantage of the Fusion wallet is that it allows the owner to keep and maintain the entirety of their Nithryum-Coin in their own account. Why is there a limit?By creating a scarcity of availability, the demand for Nithryum-Coin will be further driven upward as its inherent value is determined through market forces. How is the limit controlled?The 150-million-coin limit is controlled by the Nithryum-Coin smart contract. Because it’s written into and enforced by the smart contract, no person or company can override that maximum. Introduction of Nithryum-Coin to the MarketplaceIn order to create an inherent value of the currency, Nithryum-Coin is the only currency accepted as payment for services on the Nithrius Adserver. |
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