pharesim
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July 31, 2014, 01:36:39 PM Last edit: August 02, 2014, 08:08:30 PM by pharesim |
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You should probably have given us your commandments of crypto some weeks ago, how else should we know it says "don't use escrow with trusted entities"? Wait, you already didn't like what we did before. Why exactly should we care about your opinion now?
//edit Sorry for that. Please keep giving opinions - but please back them with reasons! What is worse in polo holding the funds compared to one single anon dev (as it was before)?
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busoni
Sr. Member
Offline
Activity: 364
Merit: 250
Owner of Poloniex
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August 01, 2014, 07:27:49 AM |
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Hi,
I am hereby confirming that I have received the 750,000,000 NHZ, and they are locked safely away in cold storage.
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Poloniex.com - Fast crypto exchange with margin trading, advanced charts, and stop-limit orders
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hollowframe
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August 03, 2014, 10:04:37 AM |
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Should have seen this project a while back. Excellent choice for a coin in a long term basis.
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mcculum0010
Member
Offline
Activity: 109
Merit: 10
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August 03, 2014, 10:23:26 AM |
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We need to hit bittrex Has anyone contacted them yet?
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aust7.7
Member
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Activity: 96
Merit: 10
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August 03, 2014, 10:24:36 AM |
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The distribution of NHZ is good but the marketing need to change
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romawi
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August 03, 2014, 10:32:22 AM |
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We need to hit bittrex Has anyone contacted them yet? Bittrex has delisted nxt because low volume. They don't add NHZ. Poloniex is much better then Bittrex. I trust Bittrex no longer, because the add every shitcoin and IPO-scamcoin.
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haggis
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August 03, 2014, 12:25:42 PM |
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Never heared about "Forging Pools" before. Would you mind explaining what's happening there? I mean..you can just open the wallet and forge yourself. What's the difference? Or how does it even work? Thanks
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pharesim
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August 03, 2014, 12:27:06 PM |
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I just wrote up some answers: http://forum.nhzcrypto.org/index.php/topic,214.0.html- What is forging?
NHZ uses forging to secure the blockchain. Every block is generated by someone, the so-called forger. He receives the transaction fees of all transactions included in the block.
- Who forges?
Instead of asking for difficult calculations, forgers are selected according to their "effective balance". There are no hardware requirements, any system that is able to run NHZ can be used to forge by unlocking the account on it.
- What's a forging pool?
Not everyone has a system which can run 24 hours, or enough balance to frequently forge a block. That's where forging pools come in. The effective balance of an account can be leased to another one. This doesn't affect the liquidity of your coins, you will always lease the amount you actually possess. For the specified amount of blocks the leasing account won't be able to forge itself, but the other account will use the combined balance for its forging.
- What happens with the transaction fees?
There are several possibilities how a forging pool can handle the earned transaction fees. It can be split amongst the contributors, or be used to finance other ventures. Check out the different ideas, and choose the pool you like best!
- Can I run my own pool?
Sure! We published a simple script, which pays out the earnings to the contributors. You can set an own fee for your service, and specify a minimum amount for payouts. Set up a server with NHZ, a fresh account, and a cronjob for the script. After that, open a thread on this board introducing yourself and the details of your pool. Of course you can hallmark the pool node to receive node bounty for it!
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haggis
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August 03, 2014, 01:58:55 PM |
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Ah, not active there. Would be too much to read through the forums of each coin I like Have you also described there how that leasing works? Do you need to trust the pool operator and send them all your coins? From your description ("doesn't affect the liquidity of your coins") it doesn't sound like that. But how does it then technical work? Not that I want to join a pool or even operate my own - I'm just curios
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*Sakura*
Legendary
Offline
Activity: 1624
Merit: 1005
I wish you all love and profitable investments!!!
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August 03, 2014, 02:06:23 PM |
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I just wrote up some answers: http://forum.nhzcrypto.org/index.php/topic,214.0.html- What is forging?
NHZ uses forging to secure the blockchain. Every block is generated by someone, the so-called forger. He receives the transaction fees of all transactions included in the block.
- Who forges?
Instead of asking for difficult calculations, forgers are selected according to their "effective balance". There are no hardware requirements, any system that is able to run NHZ can be used to forge by unlocking the account on it.
- What's a forging pool?
Not everyone has a system which can run 24 hours, or enough balance to frequently forge a block. That's where forging pools come in. The effective balance of an account can be leased to another one. This doesn't affect the liquidity of your coins, you will always lease the amount you actually possess. For the specified amount of blocks the leasing account won't be able to forge itself, but the other account will use the combined balance for its forging.
- What happens with the transaction fees?
There are several possibilities how a forging pool can handle the earned transaction fees. It can be split amongst the contributors, or be used to finance other ventures. Check out the different ideas, and choose the pool you like best!
- Can I run my own pool?
Sure! We published a simple script, which pays out the earnings to the contributors. You can set an own fee for your service, and specify a minimum amount for payouts. Set up a server with NHZ, a fresh account, and a cronjob for the script. After that, open a thread on this board introducing yourself and the details of your pool. Of course you can hallmark the pool node to receive node bounty for it!
This is a very innovative solution. A lot of innovation in recent weeks, and it made me very happy. I also liked the idea with escrow@poloniex. I'm sure it will now have more confidence on the part of potential investors. Thank you for the good work, Dev!
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*Sakura*
Legendary
Offline
Activity: 1624
Merit: 1005
I wish you all love and profitable investments!!!
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August 05, 2014, 08:15:34 AM |
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We want you to be involved in developing NHZ, and we want you to benefit from being involved, so we will be giving tips and bounties for your help. The first thing you will need to do is install the latest NHZ client. (See link below for latest download) You can also collect a bounty for "Liking" our page (see link below to find out how). We have figured out a way to tip you guys for being involved with NHZ on Facebook. So once you have installed the client, list your Account ID on you your Facebook profile. Here is how: On your page at the top, click on the "About" button, then click on "Edit Address", Then paste your Account ID into the line for "Neighborhood", then click "Save Changes". Then send Us a message that says "Tip Me" and we will send you 500 more coins to the Account ID listed in your profile. (Please feel free to create multiple accounts for your privacy ) So install the client and get back to us. We want to give you MONEY And tell your friends. We want to give them MONEY too. Latest Client Download: http://nhzcrypto.org/downloads/ How to collect "Page Like" Bounty: https://www.facebook.com/nhzcrypto/photos/pb.1440640676222393.-2207520000.1406987903./1450784625207998/?type=1&theaterFB liked & commented No need bounty, just for help.
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pharesim
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August 05, 2014, 08:33:15 AM |
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FB liked & commented No need bounty, just for help. Thanks @all: There's still no pool? What's your reason to not set up one?
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xchrix
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August 05, 2014, 09:23:09 AM |
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why is NHZ at poloniex frozen??
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pharesim
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August 05, 2014, 09:34:40 AM |
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Good question. Sent a mail to poloniex support...
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scarecrow87
Newbie
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Activity: 5
Merit: 0
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August 05, 2014, 01:42:29 PM |
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FB liked & commented No need bounty, just for help. Thanks @all: There's still no pool? What's your reason to not set up one? I've got one setup with your script, just doing some testing on it now.
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pharesim
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August 05, 2014, 02:14:30 PM |
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Awesome! I updated the script to not fail on a non-existing poolaccount and moved the configuration variables to an own file, you may want to pull that.
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pharesim
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August 05, 2014, 06:00:50 PM |
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Good question. Sent a mail to poloniex support...
Didn't receive an answer, but it's unfrozen now
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