zero24x
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December 28, 2019, 05:26:12 PM |
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Can this coin be "mined" on Windows machine?
Can it be traded? Why does it exist?
Hi, I'm just an user, no team member, I try to answer: Nyzo can be traded here on multiple exchanges, see here: https://www.coingecko.com/en/coins/nyzo/trading_exchanges#panelYou can "mine" by setting up an verifier (works on a windows server with fixed ipv4 address), be aware there is a waiting period before you can join. For more details check their website, discord, replies in this thread etc. The proof of diversity consesus is an innovative concept, I quote their whitepaper: "Nyzo is an open-source, highly decentralized, democratic, and highly efficient blockchain. The block time is seven seconds, and the system scales well to high transaction volumes. This is not like most of the new coins you see: this is not a derivative of another project, and it is not just a few new features or a slight design change from other projects. This is all-new code, built from the ground up to be the most efficient, most democratic, easiest-to-use cryptocurrency in the world. " See https://nyzo.co/whitePaperThanks for the info. This project looks interesting.. a bit similar to O-byte, but without the bad management. Since I only have Windows based systems, is it possible to run a virtual machine inside which I can run a verifier? Have you tried it and can you recommend a certain VM? Hi, it's best to go to their discord (link on 1st page) and ask people there who have experience, I heard you can rent virtual machines with linux for a few dollars per month and use them but there is a big line of people waiting to join, they should be able to answer all this questions in their discord. Thanks for the info. I'm afraid I don't have time to examine some secret coin which holds it's knowledge at selected people in a chat channel. It's a lot faster to chat with people in realtime in their discord than to write here. Here you find a suggestion how to run your node: https://github.com/n-y-z-o/nyzoVerifier/blob/master/README.md
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arielbit
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Activity: 3416
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January 12, 2020, 07:23:26 AM |
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if you got an IP and want to be a verifier 4604 Days before a verifier enters the cycle (with 90% certainty) LOL
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lemonandfriesonetwo
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January 12, 2020, 05:45:48 PM |
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if you got an IP and want to be a verifier 4604 Days before a verifier enters the cycle (with 90% certainty) LOL 4604 days? This project nailed its own nails and built its own coffin to be put into the alt-coin graveyard. That's a really dumb feature.
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panagot
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January 21, 2020, 03:54:26 PM |
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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.
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amy1284455127
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January 28, 2020, 08:22:38 AM Last edit: February 08, 2020, 02:41:08 AM by amy1284455127 |
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Can nyzo enter the top 5?
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Tera's real blockchain is simple and easy to use! terafoundation.org
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iwbinb
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Activity: 15
Merit: 2
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February 04, 2020, 08:54:15 AM |
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if you got an IP and want to be a verifier 4604 Days before a verifier enters the cycle (with 90% certainty) LOL 4604 days? This project nailed its own nails and built its own coffin to be put into the alt-coin graveyard. That's a really dumb feature. To be precise, after the 30th day, you have the opportunity to enter the cycle every day to become a verifier in cycle , randomly selected
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iwbinb
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February 04, 2020, 09:07:54 AM |
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bogdan198
Copper Member
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Activity: 337
Merit: 5
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February 07, 2020, 08:05:01 PM |
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hi. how long is a node in the queue before it starts confirming blocks?
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iHodler
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Activity: 141
Merit: 21
Trust No One!
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February 17, 2020, 10:31:34 AM |
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hi. how long is a node in the queue before it starts confirming blocks?
Now, I think is more than 7 months if my calculations are good.
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iwbinb
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February 24, 2020, 08:29:06 AM |
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hi. how long is a node in the queue before it starts confirming blocks?
About rewards? If you are verifier in cycle, you will get rewards in every block. After 30 days waiting, your node has chances to be selected into the cycle as a Nyzo verifier, Randomly selected, after entering the cycle, will always be a Nyzo verifier.
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iHodler
Member
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Activity: 141
Merit: 21
Trust No One!
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February 25, 2020, 07:09:47 AM |
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hi. how long is a node in the queue before it starts confirming blocks?
About rewards? If you are verifier in cycle, you will get rewards in every block. After 30 days waiting, your node has chances to be selected into the cycle as a Nyzo verifier, Randomly selected, after entering the cycle, will always be a Nyzo verifier. So entering the cycle is random? I thought is FIFO style if you enter the queue.
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whotheff
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February 25, 2020, 08:26:51 AM |
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7 months!? If this is true, it is ridiculous.
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iHodler
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Trust No One!
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February 25, 2020, 01:28:48 PM |
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7 months!? If this is true, it is ridiculous.
No, it seems I was wrong. I thought the Verifiers queue is first-in-first-out style. After 30 days if you are lucky you can be randomly chosen to participate in the cycle.
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songsunling
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February 27, 2020, 02:51:24 AM |
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where can we trade nyzo smoothly? the fee in qtrade is high, 1.5%. the price in bilaxy, citex is higher than that in qtrade
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iwbinb
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February 27, 2020, 03:25:39 AM |
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where can we trade nyzo smoothly? the fee in qtrade is high, 1.5%. the price in bilaxy, citex is higher than that in qtrade
Usually trade on qtrade, but I think citex is also a good choice
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iHodler
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Trust No One!
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February 28, 2020, 07:01:33 AM |
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where can we trade nyzo smoothly? the fee in qtrade is high, 1.5%. the price in bilaxy, citex is higher than that in qtrade
If the price is better on Bilaxy/Cytex and the fee is higher on qTrade. Than the answer is obvious. Isn't it?
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rowenta01
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April 21, 2020, 09:37:45 AM |
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It's a shame that the bitcointalk wire is not more active. It's a very interesting project, there is a very good community, very active, but it is not visible on bitcointalk.
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Report to moderator __◣ Stake.com ◥ Stake v2 Now live! 12+ Gamemodes | Provably Fair | Daily Giveaways
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Exadro
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Activity: 194
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May 03, 2020, 06:44:00 AM |
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can we mine this coin? or only with the postal system? I see this coin is in 4 big top cmc markets and has good value, so I want to learn this coin in detail
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