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Nodeclub
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December 27, 2014, 12:23:18 PM
Last edit: December 28, 2014, 05:44:29 PM by Nodeclub
 #7841

Hello.
Tell please, there is a way of mining NODE?

node is POA (proof of activity)

speaking of, i noticed every other block is being forged by the same account. how is this possible? does more computing power effect odds of generating a block?

We checked it out, everything is OК. The Wallet is very active in the use of the network - it makes many transactions and generates many blocks respectively. It is fair.

http://nodemoney.com:19775/#/explorer/transaction/8972433069625705159

Is it possible to fake activity by sending coins to your own multiple wallets etc... ? Seems kind of broken to me

From a mathematical point of view, it can be profitable only in the initial stage of network activity and capitalization when there is a distance between weighted average size of large and small transactions and market value isn't high. Financial liability for the transaction will increase inevitably in proportion to the growth of capitalization and network activity. In addition, even now there is enough around 15-20 small & middle transactions per hour to overlap this possibility.
In the future this possibility will disappear automatically with increasing of total number of transactions and a decreasing in the average transaction amount.

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December 27, 2014, 01:29:41 PM
 #7842

Now it is clear that the coin is forged.
What conditions have to be created for forging of NODE? What is necessary?
Please answer in detail or give the reference. I won't master 400 pages (50 read aren't told anywhere).

I sent you PM.
I think that we need to do the FAQ - the main questions are repeated.

Thanks, now everything became clear.
Where still NODE can be bought except BTER?
Someone wrote that BTER have problems with withdrawal? It is right information who knows?
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December 27, 2014, 05:54:53 PM
 #7843

Now it is clear that the coin is forged.
What conditions have to be created for forging of NODE? What is necessary?
Please answer in detail or give the reference. I won't master 400 pages (50 read aren't told anywhere).

I sent you PM.
I think that we need to do the FAQ - the main questions are repeated.

Thanks, now everything became clear.
Where still NODE can be bought except BTER?
Someone wrote that BTER have problems with withdrawal? It is right information who knows?

Only on Bter, but you can send a mail to  Poloniex as example, if enough people request interest in NODE,
maybe they will add it. I have never had problems withdrawing NODE from Bter, but there is a max amount
of NODE which you can withdraw, for forging you need at least roughly 500,000 NODE.


there is always a light at the end of the tunnel...
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December 27, 2014, 08:26:50 PM
 #7844

@update
Repeated bug with block generation in the POA. Error occurs from old clients sometimes, on Monday evening we will release new clients
Please restart all  clients until we release the new version

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December 27, 2014, 09:06:14 PM
 #7845

At loading node client is optimized for a single core processor?
Or can use multiple cores?
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December 27, 2014, 09:25:08 PM
 #7846

At loading node client is optimized for a single core processor?
Or can use multiple cores?

single

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December 27, 2014, 10:08:32 PM
 #7847

Tell where the node client loads blocks (Windows 8.1)? I can't find traces.
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December 28, 2014, 01:17:02 AM
 #7848

Bter is not safe really need another exchange

LISK    Develop Decentralized Applications & Sidechains in JavaScript with Lisk!
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December 28, 2014, 04:51:40 AM
 #7849

Tell where the node client loads blocks (Windows 8.1)? I can't find traces.

C:\nxtl
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December 28, 2014, 05:05:00 AM
 #7850

Bter is not safe really need another exchange
why not safe for bter?
which one you suggest?

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December 28, 2014, 07:39:08 AM
 #7851

Bter is not safe really need another exchange
why not safe for bter?
which one you suggest?

Good choice of bittrex.
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December 29, 2014, 07:36:31 AM
 #7852

l8orre,

We had the idea to take patronage on the "NODE" thread on nxtforum, but unfortunately there are too many restrictions - I can't even to attach pics
(UPD: Looks like I was finally granted the right to insert pictures  Grin )
Nevertheless, we are ready to answer any questions at the thread when it occur  Smiley

Actually I think that any information platform is good, including nstforum, reddit, own forum or big media.
But honestly serious marketing at present stage only will prevent a development, we are not yet ready for the spotlight.
What sense to inflate another little empty public bubble if we want to make a global system of cooperation which will change the nature of financial interaction Smiley


You just have to make a few posts.

This is just a precaution to block spammers.
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December 29, 2014, 08:07:36 AM
 #7853

Bter is not safe really need another exchange
why not safe for bter?
which one you suggest?

I haven't had a problem with bter
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December 29, 2014, 08:20:44 AM
 #7854

when marketing and OP will update ?
koop said will update at 1 or 2 month ago, but still not update until now
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December 29, 2014, 08:30:27 AM
 #7855

Bter is not safe really need another exchange
why not safe for bter?
which one you suggest?

I haven't had a problem with bter

im using bter for over a year now and never had any problems.
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December 29, 2014, 09:07:07 AM
 #7856

Bter is not safe really need another exchange
why not safe for bter?
which one you suggest?

Good choice of bittrex.
bittrex and bter are both OK, imo.

                                 
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December 29, 2014, 12:59:24 PM
 #7857

Yes, well, i have had negative experiences and they've been hacked.  Any time there is a major hack, that's a BIG issue for everyone, even if it hasn't effected your personal wallet.

Also, as it has been said, there is a 1% withdrawal fee.  I understand that they need to take a percent for fees on the block chain.  I'm OK with that (even though that could be avoidable with the proper business model) but 1% is quite a deterant.  Regardless, you should never have saily withdrawal limits.  This may not seem like an issue for the small time traders, but for many of us, we'd rather not take 5+ days to move our money.  They either have the money, or don't.  Let it be accessible.

Also, don't think this is about security.  In my strong opinion, if you want to protect yourself, and your users, just setup a system to monitor withdrawals.  If an account behaves a certain way, flag it for manual withdrawal verification.  If you monitor for suspicious behavior, you don't have to lock in funds but can place the withdrawals on hold until the usecase can be validated as legit.

A Personal Quote on BTT from 2011:
"I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00.  Otherwise I'll just have to live with my 5 BTC and be happy. :/"  ...sigh.  If only I knew.
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December 29, 2014, 01:49:38 PM
 #7858

@update
We have fixed the bug, but the update will be released next week
Due to the fact that most of us are leaving today for houses in the new year's eve
we will not be able to test and monitor clients these days, if we release a new client that bter should be updated and we need to debug it work because old clients will not work.

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Instant Transactions
 
Non Bloating BlockChain
 

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December 29, 2014, 01:57:46 PM
 #7859

@update
We have fixed the bug, but the update will be released next week
Due to the fact that most of us are leaving today for houses in the new year's eve
we will not be able to test and monitor clients these days, if we release a new client that bter should be updated and we need to debug it work because old clients will not work.
No Problem, Happy New Year  Grin

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December 29, 2014, 02:07:13 PM
 #7860

@update
We have fixed the bug, but the update will be released next week
Due to the fact that most of us are leaving today for houses in the new year's eve
we will not be able to test and monitor clients these days, if we release a new client that bter should be updated and we need to debug it work because old clients will not work.
No Problem, Happy New Year  Grin

Thank you !!!  Smiley
You and the entire community a happy new year

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