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Author Topic: [ANN] [NYZO] Nyzo (Nyzo.co) | Proof of diversity | Fairly distributed | Original  (Read 7205 times)
cryptobtcnut
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January 18, 2019, 11:31:42 PM
 #21

1. Is there a block size limit set? How many transactions could fit in the single Nyzo block atm? And what would be theoretical maximum throughput?

2. Isn't the current state of new verifier entries too slow? There are only about 500 verifiers in the mesh now and the waiting list is like half a year.

3. Is there a proper windows/linux wallet in the pipeline?
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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liotmaan
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January 19, 2019, 10:02:26 PM
 #22

can i use Virtual host? is it have to work on vps?

anything with ubuntu and has 24/7 uptime but a vps would be a lot more expensive
cryptojebachica
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February 05, 2019, 10:14:00 PM
 #23

1. Is there a block size limit set? How many transactions could fit in the single Nyzo block atm? And what would be theoretical maximum throughput?

2. Isn't the current state of new verifier entries too slow? There are only about 500 verifiers in the mesh now and the waiting list is like half a year.

3. Is there a proper windows/linux wallet in the pipeline?

Most of these questions are answered in this article:
https://myaltcoins.info/nyzo-review/
wosch76
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February 18, 2019, 01:58:42 PM
 #24

project looks very interesting.
let's see if I can get some OTC.

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.SEMUX
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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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coloredcoin
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February 25, 2019, 09:30:02 AM
 #25

Team
Team is anonymous, we don’t even know for sure if it’s one or multiple persons. Nyzo is not a privacy coin so we must look at this as a red flag.

Nyzo devs created genesis block which contained total Nyzo supply of 100,000,000 coins. 20% or 20,000,000 coins has been set aside and is used as incentive for verifiers to participate in the mesh while the network is new. These coins will be distributed over the period of 6 years. The idea is that after the initial period, the network will be large enough to support verifiers solely from transaction fees which are awarded for processing transactions. Transaction fee is fixed at 0.25%, regardless of transaction size.

The other 80% is problematic, it is controlled by Nyzo team and can be used as they please since it is not locked. Huge red flag since it is effectively 80% premine. We don’t see any justifiable reason for doing this.

https://myaltcoins.info/nyzo-review/
panagot
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March 04, 2019, 07:08:03 PM
Last edit: September 23, 2019, 02:28:41 AM by mprep
 #26

You can buy some here

https://qtrade.io/market/NYZO_BTC



Another exchange added today.

https://vinex.network/market/BTC_NYZO

https://twitter.com/vinexnetwork/status/1102800517716049921

Provide a little Bitcoin with bitfortip.com to give the incentive for people to search for you online in order to win the bitcoin reward.
fonship
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March 14, 2019, 01:57:11 AM
 #27

why BT thread activity is so low, is discord taking over for every coin community?

selling sushistake.com, send offers
CaVO32
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March 14, 2019, 02:17:20 AM
 #28

why BT thread activity is so low, is discord taking over for every coin community?

that is the dilemma nowadays. most of the progress updates are conveyed either in telegram or discord or other social media channels. and i don't usually join a channel as it will just clutter my life. i got interested on this project because they said they have original code. very few are now trying to create their own code. most are just copy-and-paste with minor alterations. but wondering why people are not interested in an original work so to speak?
panagot
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March 15, 2019, 07:07:59 PM
 #29

Probably because the general trend is still in ICOs.

Exchanges are hosting their own launchpad nowadays.

Provide a little Bitcoin with bitfortip.com to give the incentive for people to search for you online in order to win the bitcoin reward.
liotmaan
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March 17, 2019, 02:48:05 AM
 #30

why BT thread activity is so low, is discord taking over for every coin community?

The developers don't run anything concerning the community. The telegram, discord, this thread, reddit, etc all by members of Nyzo
LaserBadger
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March 29, 2019, 10:06:47 AM
 #31

Still cant believe ho wonder the radar this project is.  Grin

This is a new different model that is progressing at a steady pace, i cant wait to see what it will look like in 6 months , let alone in a year from now.
My humble opinion is that PoD will have a positive impact in the cryptosphere. Anyway if you guys still haven't cheked the project out, you definitely  should , head on over to the NYZO discord and read about this wonderful innovation

 
panagot
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April 04, 2019, 12:16:05 PM
 #32

Time will tell.

Soon it will be visible to coinmarketcap.

Provide a little Bitcoin with bitfortip.com to give the incentive for people to search for you online in order to win the bitcoin reward.
rich9998
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April 08, 2019, 04:55:56 AM
 #33

Nyzo Chinese community QQ group:713793445
panagot
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April 19, 2019, 12:44:36 PM
 #34

Citex exchange will list Nyzo.



https://twitter.com/Citexofficial/status/1119159882865766400

Provide a little Bitcoin with bitfortip.com to give the incentive for people to search for you online in order to win the bitcoin reward.
RuTranslator
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April 19, 2019, 02:33:26 PM
 #35

Russian Translation Reserved
panagot
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April 20, 2019, 03:41:40 PM
 #36

Bitmesh exchange  will list NYZO.

https://bitmesh.com/exchange?market=btc_nyzo#/

Provide a little Bitcoin with bitfortip.com to give the incentive for people to search for you online in order to win the bitcoin reward.
CryptoGirl.y
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April 20, 2019, 06:15:30 PM
 #37

Do you have a manual for running a wallet on Windows? I would like to run it on my mining farm, which has Windows operating system.
If I run a Linux virtual machine, will the wallet work in it?
thefix
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April 20, 2019, 06:27:59 PM
 #38

Is this similar to the way NKN works with nodes getting rewarded for supporting the network on a random basis or is it more geared towards giving rewards to the nodes with better hardware cascading down with smaller rewards for less powerful hardware?
SkyDr4k3
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April 20, 2019, 11:28:29 PM
 #39

i need some infos to run the validator (don't know how to compile). Is it similiar to a miner?
CryptoGirl.y
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April 21, 2019, 12:19:48 PM
 #40

i need some infos to run the validator (don't know how to compile). Is it similiar to a miner?
Have you tried to follow the instructions located on their website: https://myaltcoins.info/nyzo-review/
Everything is described in detail for the operating system Ubuntu 16.04
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