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Author Topic: [ANN][NHZ] - NeXT Horizon | ***PoS*** | BOUNTIES | escrow@poloniex  (Read 141539 times)
Mig-23
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September 29, 2014, 12:55:38 PM
 #1261

i want upgrade my nhz wallet. what file must be back up?

you may use web wallet

http://api.nhzcrypto.org:7776/
hustler100
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September 29, 2014, 01:57:44 PM
 #1262

Nhz is expanding very quick a lot of new nodes are joining in you should try setting up one !
Pizpie
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September 29, 2014, 03:16:27 PM
 #1263

i want upgrade my nhz wallet. what file must be back up?


You don't need to back up any file for you wallet. The passphrase that you are given when you create an account is your wallet.
It's a "brain wallet", this is why you must WRITE DOWN THIS PASSPHRASE and make multiple copies so you don't have one central point of failure if your computer were to go down, or you were to lose that piece of paper you wrote it down.

I'm on Twitter: @mBTCPizpie
Pizpie
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September 29, 2014, 03:18:16 PM
 #1264


Thanks for info! BlockChain is downloading now.Smiley
Lets say we have 250k of NHZ. What is best: staking or forging?


You automaticaly earn a % staking, I would suggest leasing your balance for "Pooled Forging" as it will increase your chance of receiving a forged block + fees associated with the block!
Here is a video on how to lease your balance.
Don't forget to 'like' and 'subscribe'! Wink
https://www.youtube.com/watch?v=QEkRr0OaSZA

I'm on Twitter: @mBTCPizpie
Pizpie
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September 29, 2014, 03:26:56 PM
 #1265

The new update looks good.  About Darksend please try not to copy XC by redesigning CoinJoin or just copying Darkcoin's technique.  I feel that both coins will always be playing whack-a-mole with new found security exploits forever and a day as their found.  Due to trying to use a protocol based on CoinJoin.  CoinJoin transactions were proven to be able to be easily deciphered.  Patching it up and adding another layer is just building on bad foundations.  You could offer much more solid and stronger transaction anonymity by copying the Ring Signigture's technique that Cryptonote coins use.  Or possibly borrowing Anoncoin's soon to be released Zerocoin accumulators protocol.  Even better offer both ring sig's plus zerocoin to offer choice and provide fault tolerance.  Or possibly try and combine both techniques maybe if possible for a double-spin or pre-wash effect.

That was a type on my end: It's actually called "DarkHorizon's."
Darkcoin is a centralized method, which goes against what Satoshi's original vision for blockchain technology, so it makes no sense to copy them.

To my knowledge no one was ever able to trace a XC transaction, and there is some news about that in their forum recently.

I'm on Twitter: @mBTCPizpie
Pizpie
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September 29, 2014, 03:29:30 PM
 #1266

I would also like to announce that in an effort to bring confidence and security to all holders and future investors of NHZ, we will be setting up a public ledger that will display all transactions of the bounty / escrow accounts.
This includes all bounties being paid, and will show all of the distribution.
We have a well thought out distribution model, and we will be making an official announcement detailing everything shortly.


I've been noticing some pretty heavy transfers to/from several accounts. Some of these I am sure are well deserved as they involve devs but it would be good the keep the community informed.

Any updates on this accountability ledger?  



The blockchain is the ledger.
The only accounts that are going to be announced is the escrow account from Polo.
Every other account is either a bounty account which is automatically filled when it gets near to been emptied (These are labeled on the explorer), or someones private account. There are a lot of people with over 3m coins.
Distribution will last at least another year at current rates.

I'm on Twitter: @mBTCPizpie
CryptoClub
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September 29, 2014, 05:41:42 PM
 #1267

What an amazing team helping NHZ now! Wink

...
shanuu
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September 29, 2014, 07:23:43 PM
 #1268


Thanks for info! BlockChain is downloading now.Smiley
Lets say we have 250k of NHZ. What is best: staking or forging?


You automaticaly earn a % staking, I would suggest leasing your balance for "Pooled Forging" as it will increase your chance of receiving a forged block + fees associated with the block!
Here is a video on how to lease your balance.
Don't forget to 'like' and 'subscribe'! Wink
https://www.youtube.com/watch?v=QEkRr0OaSZA

Thanks a lot budy. Great info!

mrs_snow
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September 29, 2014, 08:00:39 PM
 #1269

No node bounties since 7 hours?
Pizpie
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September 29, 2014, 08:24:05 PM
 #1270

No node bounties since 7 hours?


" Hi guys,

our node bounty system had a hard time catching up with all the new nodes created in the last few days and sending out bounty amounts for them - today it failed completely. Nice work!

The bounty system is suspended until I work something out later today. No uptime will be lost, payments will only be a little late.

Edit: The downtime includes the node checker, so don't bother.

cbkr "

Source: http://forum.nhzcrypto.org/index.php/topic,459.0.html

I'm on Twitter: @mBTCPizpie
Crypto-in-tha-blood
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September 30, 2014, 12:54:13 AM
 #1271

I really like this coin.  The dev team is quite the "All-Star Team".  This is one I will definitely get behind. 
CryptoMoFo
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September 30, 2014, 10:19:15 AM
 #1272

Hi

just come across this am looking for a coin to invest in - early stages of crypto buying for me, this looks a prospect though
DiCE1904
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September 30, 2014, 01:03:19 PM
 #1273

I really like this coin.  The dev team is quite the "All-Star Team".  This is one I will definitely get behind. 

All start team is right! what a powerhouse

jeezy
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September 30, 2014, 06:22:30 PM
 #1274

I didn't get any 666NHZ for the 29th Sept. Is this normal?
Crypto-in-tha-blood
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September 30, 2014, 06:28:41 PM
 #1275


Thanks for info! BlockChain is downloading now.Smiley
Lets say we have 250k of NHZ. What is best: staking or forging?


You automaticaly earn a % staking, I would suggest leasing your balance for "Pooled Forging" as it will increase your chance of receiving a forged block + fees associated with the block!
Here is a video on how to lease your balance.
Don't forget to 'like' and 'subscribe'! Wink
https://www.youtube.com/watch?v=QEkRr0OaSZA

The automatic staking is nice.  Pooled forging is great too.  I'm signed up to lease my balance out.  For anyone that is wondering, it takes 1440 blocks before your balance gets leased out.  Which comes out to be roughly 24 hours. 
Pizpie
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September 30, 2014, 06:43:49 PM
 #1276

I didn't get any 666NHZ for the 29th Sept. Is this normal?


The staking / bounty scripts are disabled right now while we are fixing an issue with the scripts taking so long for payouts, which was a result of them getting overloaded due to the 300% increase in nodes in the past week.
I will be providing a more technical update + solution soon.

I'm on Twitter: @mBTCPizpie
jeezy
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September 30, 2014, 06:45:52 PM
 #1277

I didn't get any 666NHZ for the 29th Sept. Is this normal?


The staking / bounty scripts are disabled right now while we are fixing an issue with the scripts taking so long for payouts, which was a result of them getting overloaded due to the 300% increase in nodes in the past week.
I will be providing a more technical update + solution soon.

Okay, thanks for the update on this.
DeepCoin
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September 30, 2014, 09:31:28 PM
Last edit: September 30, 2014, 09:47:49 PM by DeepCoin
 #1278

I didn't get any 666NHZ for the 29th Sept. Is this normal?


The staking / bounty scripts are disabled right now while we are fixing an issue with the scripts taking so long for payouts, which was a result of them getting overloaded due to the 300% increase in nodes in the past week.
I will be providing a more technical update + solution soon.

Okay, thanks for the update on this.

these node bounties killing this coin. Everybody just dumping. someone has hundreds vps and that's not fear. we are investing but they are just dumping.

simple math: $3 monthly  each vps and 100 vps gets daily 66600 NHZ, monthly 1.980.000 nhz avarage at 150 satoshi . total 2.97 btc minus $300 vps cost. Boom  more than 2 btc profit.  I'm not doing this shit because I do not want to kill this coin.
ndrog
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September 30, 2014, 10:03:58 PM
 #1279

I didn't get any 666NHZ for the 29th Sept. Is this normal?


The staking / bounty scripts are disabled right now while we are fixing an issue with the scripts taking so long for payouts, which was a result of them getting overloaded due to the 300% increase in nodes in the past week.
I will be providing a more technical update + solution soon.

Okay, thanks for the update on this.

these node bounties killing this coin. Everybody just dumping. someone has hundreds vps and that's not fear. we are investing but they are just dumping.

simple math: $3 monthly  each vps and 100 vps gets daily 66600 NHZ, monthly 1.980.000 nhz avarage at 150 satoshi . total 2.97 btc minus $300 vps cost. Boom  more than 2 btc profit.  I'm not doing this shit because I do not want to kill this coin.

I see your logic on this one and agree. This is definitely something that needs to be reconsidered and  sorted out, to avoid any future hiccups.   

Pizpie
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September 30, 2014, 11:21:36 PM
 #1280

I didn't get any 666NHZ for the 29th Sept. Is this normal?


The staking / bounty scripts are disabled right now while we are fixing an issue with the scripts taking so long for payouts, which was a result of them getting overloaded due to the 300% increase in nodes in the past week.
I will be providing a more technical update + solution soon.

Okay, thanks for the update on this.

these node bounties killing this coin. Everybody just dumping. someone has hundreds vps and that's not fear. we are investing but they are just dumping.

simple math: $3 monthly  each vps and 100 vps gets daily 66600 NHZ, monthly 1.980.000 nhz avarage at 150 satoshi . total 2.97 btc minus $300 vps cost. Boom  more than 2 btc profit.  I'm not doing this shit because I do not want to kill this coin.

I see your logic on this one and agree. This is definitely something that needs to be reconsidered and  sorted out, to avoid any future hiccups.   


This was something I addressed in the roadmap. We will be constantly addressing this issue by monitoring the node network and price. We will be reducing the reward from 666 to 500 given the current price.

I'm on Twitter: @mBTCPizpie
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