[ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat*

[verymuchso]

I wish to prepare to set up a Hallmark node so to participate in POP.

I have a dynamic IP internet service.

So how can i approach this?

What could be the minimum requirements for the first year?

Should i get a VPS through Amazon or do you have suggestions on a cheap stable service that would provide the minimum requirements.

I assume then i run this hallmark and then lease my balance to it?

So it runs POS and POP or is that not so safe and they should be separate?

If you look around, you'll find cloud hosting arrangements for as low as 2,50 EUR a month.
Pretty sure at those prices this will be profitable.

I'll have to look into the dynamic IP part, not sure yet how that works out.

[1715669024]

1715669024

[1715669024]

1715669024

[1715669024]

1715669024

[1715669024]

1715669024

[Kazadar]

I wish to prepare to set up a Hallmark node so to participate in POP.

I have a dynamic IP internet service.

So how can i approach this?

What could be the minimum requirements for the first year?

Should i get a VPS through Amazon or do you have suggestions on a cheap stable service that would provide the minimum requirements.

I assume then i run this hallmark and then lease my balance to it?

So it runs POS and POP or is that not so safe and they should be separate?

If you look around, you'll find cloud hosting arrangements for as low as 2,50 EUR a month.
Pretty sure at those prices this will be profitable.

I'll have to look into the dynamic IP part, not sure yet how that works out.

Will there be any specific hardware requirements for POP?

[verymuchso]

I wish to prepare to set up a Hallmark node so to participate in POP.

I have a dynamic IP internet service.

So how can i approach this?

What could be the minimum requirements for the first year?

Should i get a VPS through Amazon or do you have suggestions on a cheap stable service that would provide the minimum requirements.

I assume then i run this hallmark and then lease my balance to it?

So it runs POS and POP or is that not so safe and they should be separate?

If you look around, you'll find cloud hosting arrangements for as low as 2,50 EUR a month.
Pretty sure at those prices this will be profitable.

I'll have to look into the dynamic IP part, not sure yet how that works out.

Will there be any specific hardware requirements for POP?

You need free-disk space and an internet connection..
Thats it basically (for now)

[tobsnn]

Forgive me if i am mistaken but isn't the scenario Like this: well I have a lot of bags from my previous project, i can't sell them so let's start a new project in which i can redeem my old coins for new ones at great rate (we are on tier 4 while BTC and ETH are still on 2,  so it was really attractive). Not saying thst HEAT concept is bad, just saying distrivution is unfair since some people paid BTC and ETH for HEAT coins and some were given them for free in exchange for coins from the dead project.

Then devs will dump the heat they received from their FIMK on the market to collect even more BTC, knocking heat price down below ico in the process

We saw this same trick with Waves

Yeah, no more ICO for me, participated in DAO, RISE, WAVES. All with huge losses. So I will put my money in after ICO. Buying cheap like all who showed patience in previous ICOs. Concerning HEAT: the FIMK sell pressure from all these bagholders will give us low prices after ICO. So no worry on this one.

Well its more tokens for the rest of us then.

To be honest, I was talking the same to folks like myself again and again on previous ICOs. There had been a lot of warnings, but I was fomoed by so many fanboys talking these stuff like you and was so out of mind by cracy fancy buzzwords in ANN and post of devs so I put more and more money into it. Allover I lost about 20k €. I was like more hype more cash. But that's totally wrong like we saw on DAO, WAVES and even BRC. More hype causing more sell pressure. That's the problem. Seeing more and more ppl coming from places like bitcoinist and reddit will bring HEAT in the same position like all these promising new generation ICOs before HEAT. Very bullish "investors" will buy up HEAT, talking fomo in all channels and dumping hard on all these who are not dumping right after ICO end.
(You can look every chart up on yourself using coingecko.com coinmarketcap.com or coincap.io)

So this time I will be smarter and do it like I should have done it right before. Buy cheap what others bought expensive during interview FOMOed ICO. History repeats itself. I saw/felt this on every ICO thus far.

You may buy as much as you like, but you will properly one day tell other guys same words like I do (now).

[Kazadar]

To be honest, I was talking the same to folks like myself again and again on previous ICOs. There had been a lot of warnings, but I was fomoed by so many fanboys talking these stuff like you and was so out of mind by cracy fancy buzzwords in ANN and post of devs so I put more and more money into it. Allover I lost about 20k €. I was like more hype more cash. But that's totally wrong like we saw on DAO, WAVES and even BRC. More hype causing more sell pressure. That's the problem. Seeing more and more ppl coming from places like bitcoinist and reddit will bring HEAT in the same position like all these promising new generation ICOs before HEAT. Very bullish "investors" will buy up HEAT, talking fomo in all channels and dumping hard on all these who are not dumping right after ICO end.
(You can look every chart up on yourself using coingecko.com coinmarketcap.com or coincap.io)

So this time I will be smarter and do it like I should have done it right before. Buy cheap what others bought expensive during interview FOMOed ICO. History repeats itself. I saw/felt this on every ICO thus far.

You may buy as much as you like, but you will properly one day tell other guys same words like I do (now).

I guess it depends on how you look at it, so far I have made money of the ICO I have been part of, even the DAO. So sure I will lose money on an ICO at some point.

Point is that they devs have reached their target for this ICO. Any more investors comming in will increase token prices and making it harder to make a profit.
There will always be dumpers so if you time it right you will likely be able to get tokens cheaper than ICO, but you dont know when or how many.
If everybody waited until after the ICO there would be no project to buy in to.

I dont think there is a lot of hype surrounding HEAT at the moment.

[riceberry]

There is no hype, which is a very good sign for an ICO.

[MoveCrypto]

There is no hype, which is a very good sign for an ICO.

Not if I have anything to say about it:

Heat $5 on Poloniex


I would post a picture of a lambo, but this is a newbie account, so the picture would just be a link instead of taking up your whole screen

[steveds]

There is no hype, which is a very good sign for an ICO.

Not if I have anything to say about it:

Heat $5 on Poloniex


I would post a picture of a lambo, but this is a newbie account, so the picture would just be a link instead of taking up your whole screen

if heat goes 5$ then i will quote your image for sure.

[idolacchacked]

There is no hype, which is a very good sign for an ICO.

Not if I have anything to say about it:

Heat $5 on Poloniex


I would post a picture of a lambo, but this is a newbie account, so the picture would just be a link instead of taking up your whole screen

if heat goes 5$ then i will quote your image for sure.

i would be happy with $1

[thezman007]

You talk about private asset transactions. Will those tx's be viewable/searchable by anyone?

Your interpretation of "private" as in private assets is understandable.
But it isn't the kind of private we talk about.

Private assets means its an asset that cannot be sold to anyone or traded among anyone, that isn't allowed to do so by the asset issuer.
A private asset issuer himself determines who is allowed to trade in those assets and the protocol simply denies anyone who is not on the "allowed" list to receive that asset or even place a buy order.

See this link for when I first introduced the concept (includes some more business oriented views on the matter from our project lead)
https://nxtforum.org/asset-exchange/private-assets-for-use-in-financial-institutions/

Maybe you could call it like a "limited circulation" or "group specific asset" rather than private asset to avoid confusion? Just my .02 satoshis

[LiskEnterprise]

Really cool playlist on Crypto currency latest technology.


https://www.youtube.com/watch?v=YqvMUY4XAKs&list=UUBJ0p9aCW-W82TwNM-z3V2w

Alexander Chepurnoy (aka kushti) from NXT

Charles Hoskinson, CEO, IOHK and Etherium Classic


Dennis did you ever work with Kushti on NXT?

Also is Scorex something that can be used for testing on HEAT?

I think Waves used it as its blockchain.

[verymuchso]

Dennis did you ever work with Kushti on NXT?

I don't believe we have worked together directly, indirectly yes probably.

Also is Scorex something that can be used for testing on HEAT?

Can't think of any way to do that. No.

I think Waves used it as its blockchain.

Thats correct, waves is a scorex clone.

[MoveCrypto]

This thread is very free from nonsense pumpers and fudders.  It's quite nice.

[verymuchso]

This thread is very free from nonsense pumpers and fudders.  It's quite nice.

Are those flames supposed to come out there?
It sure looks cool, but that can't be good for the paint right.

[MartiniBlanco]

Hi,

i want to invest in Heat Ledger ICO.

I just signed up for the newsletter on the homepage. It said i receive a 0.5% rebate when i invest in the ICO when i sign up.

I'm going to buy Heat on C-Cex. How does the rebate apply on the exchange?


Thank You

[Jimmi Andersen]

I'm wondering what the transaction fee will be? I hope that it isn't a hardcoded fee where an increase in the price also means an increase in the fee. That could quickly become very expensive if the price rises 10x or 100x. Maybe a kind of built in voting mechanism would work. Probably better than making a hardfork every time the fee has to be changed.

Also have you considered changing the name? When I search for Heat Ledger on google I get results about the dead actor Heath Ledger.

[Kazadar]

Hi,

i want to invest in Heat Ledger ICO.

I just signed up for the newsletter on the homepage. It said i receive a 0.5% rebate when i invest in the ICO when i sign up.

I'm going to buy Heat on C-Cex. How does the rebate apply on the exchange?


Thank You

I was told that after the ICO you will get a mail with instructions on how to claim the 0.5%.

[verymuchso]

I'm wondering what the transaction fee will be? I hope that it isn't a hardcoded fee where an increase in the price also means an increase in the fee. That could quickly become very expensive if the price rises 10x or 100x. Maybe a kind of built in voting mechanism would work. Probably better than making a hardfork every time the fee has to be changed.

We are aiming for extremely low transaction fees, as low as possible basically.
But since we don't yet know the market cap HEAT will have at launch we can't decide on those yet.
All transaction costs reflect the actual cost those transactions have on the network.

There is a class of extremely cheap transactions.

- send payment to existing account
- transfer asset to existing account
- place buy order/sell order

A slightly more expensive class of transactions involves anything that creates a permanent addition to the shared storage among all peers, you should think of these in that case.

- anything that creates a new account+balance
- anything that creates a new asset

Right now transaction fees are hardcoded, but extremely low.
The idea here is that anyone can send transactions at almost no cost, yet still allow the network to favor higher fees over lower fees whenever there is so much traffic that we need to start deciding who gets in and who not.

But reaching that level soon is extremely unlikely since we for instance allow for 30,000 transaction blocks (NXT has 256).

By design HEAT of course can support much lower transaction fees than comparable crypto-currency frameworks that have not solved the blockchain size storage issue.

Also have you considered changing the name? When I search for Heat Ledger on google I get results about the dead actor Heath Ledger.

I'm sure the marketing department will have a look at that. Thanks for the input.

[Eliphaz Fimk]

It said i receive a 0.5% rebate when i invest in the ICO when i sign up.
I'm going to buy Heat on C-Cex. How does the rebate apply on the exchange?

The rebate is applied during or shortly after the process of claiming your HEAT tokens. You'll need to confirm your email address through a link which is integrated to the HEAT distribution process, or in case of 3rd party escrow arranged in another way of proving you have access to your HEAT stake.

Depending on whether the full 25 Million distribution is reserved or not, and possibly some other technicalities, the rebate may be in a form of extra HEAT or alternatively cashback to your original crypto account. We'll be sure to let you know without any unclarity.

[Jack Needles]

hey jack, would you please so nice and update it again!
would be insteressting!

Thank you so much

Here you go!

    Price stage   HEAT price   Exchange / BTC   1 BTC worth   HEAT per 1 BTC equiv
BTC           2      0.00013       1.00000000        1.0000        7692.3077
FIMK          4           60       0.00000180   555555.5556        9259.2593
NXT           2            4       0.00005317    18807.5983        4701.8996
ETH           2       0.0080       0.01854530       53.9220        6740.2522