Closed Thread

[manfred87]

i foge only fees?
ok thank you for the information. this is then NOT my coin.
then this is the same like NXT.. Instead of Proof-of-Stake we Have Proof-of-(Time + Change in Stake )

where do all the coins come from? forging fees is only re-distributing money. ( it will not get more )
it has to be created someday..
i guess the company sold them, and is already rich? ^^

[whitecloud]

From the White Paper: https://docs.google.com/document/d/1zDlGZn7sICIA8bUPhe6jPPzGOxA4YgTgi6J4XilFpgs/edit?pli=1
The fee will be decreased within a 4 trimester plan:
1st trimester: 0.35%
2nd trimester: 0.25%
3rd trimester: 0.15%
4th trimester: 0.1% - fixed, but not less than 0.0001.

[whitecloud]

i foge only fees?
ok thank you for the information. this is then NOT my coin.
then this is the same like NXT.. Instead of Proof-of-Stake we Have Proof-of-(Time + Change in Stake )

where do all the coins come from? forging fees is only re-distributing money. ( it will not get more )
it has to be created someday..
i guess the company sold them, and is already rich? ^^

https://docs.google.com/spreadsheet/ccc?key=0AnYj5G7gBeXIdGtHam1UOXlDaDR6VFFZMGp3bVRnSHc&usp=drive_web#gid=4
IPO  ... long time ago 

[whitecloud]

IPO list:
https://docs.google.com/spreadsheet/ccc?key=0AnYj5G7gBeXIdGtHam1UOXlDaDR6VFFZMGp3bVRnSHc&usp=drive_web#gid=0

[lcharles123]

Node up now.

If I just leave the wallet NODE online, I'll find some block?
Because when someone finds one, it resets the Poa score, and mine continues or also resets?

Resets. But remember u need to have atleast 500k NODE in your wallet. Cheers

So I'll never find a block only leave the wallet open all the time?

The points you earn are going to increase the probability of finding a block or determine who they find one, for example: who have more necessarily find the block?
thx!

I don't think your score gets reset. You get 1 point for each second/minute/hour (I don't remember) having the wallet opened and 1point for each Node you sent.
If someone finds a block his points are reset to 0 while you still have your points for the open wallet.

If I'm not mistaken

You can mine a block even if just leave wallet open, without transactions.
I personally mined 3 blocks in the last 2 days, without trasaction.

Ok. So the points are cumulative for open wallet while the transactions resets every block?
 

[sava0123]

Node up now.

If I just leave the wallet NODE online, I'll find some block?
Because when someone finds one, it resets the Poa score, and mine continues or also resets?

Resets. But remember u need to have atleast 500k NODE in your wallet. Cheers

So I'll never find a block only leave the wallet open all the time?

The points you earn are going to increase the probability of finding a block or determine who they find one, for example: who have more necessarily find the block?
thx!

I don't think your score gets reset. You get 1 point for each second/minute/hour (I don't remember) having the wallet opened and 1point for each Node you sent.
If someone finds a block his points are reset to 0 while you still have your points for the open wallet.

If I'm not mistaken

You can mine a block even if just leave wallet open, without transactions.
I personally mined 3 blocks in the last 2 days, without trasaction.

Ok. So the points are cumulative for open wallet while the transactions resets every block?
 

No. both this points reset only after you forge a block and every 24 hours.

[whitecloud]

Node up now.

If I just leave the wallet NODE online, I'll find some block?
Because when someone finds one, it resets the Poa score, and mine continues or also resets?

Resets. But remember u need to have atleast 500k NODE in your wallet. Cheers

So I'll never find a block only leave the wallet open all the time?

The points you earn are going to increase the probability of finding a block or determine who they find one, for example: who have more necessarily find the block?
thx!

I don't think your score gets reset. You get 1 point for each second/minute/hour (I don't remember) having the wallet opened and 1point for each Node you sent.
If someone finds a block his points are reset to 0 while you still have your points for the open wallet.

If I'm not mistaken

You can mine a block even if just leave wallet open, without transactions.
I personally mined 3 blocks in the last 2 days, without trasaction.

Ok. So the points are cumulative for open wallet while the transactions resets every block?
 

From the White Paper: https://docs.google.com/document/d/1zDlGZn7sICIA8bUPhe6jPPzGOxA4YgTgi6J4XilFpgs/edit?pli=1

TimeHeight =  time in seconds
Spent Amount = Each extra coin spent will equivalate one unit of time, in this case 1 Node = 1 second
Nodeheight = Timeheight + Units (Spent Amount)
As soon as a transaction is made, the network will be scouting the most active node by NodeHeight(by the longest activity + Nodes sent in the last 24h). When that node is identified it will be selected to generate the block.
After the generation the node’s NodeHeight is reseted. Time and 24h sent coin amount is calculated again, till the next positive generation call.

Pretty clear.

[GreenDude]

i foge only fees?
ok thank you for the information. this is then NOT my coin.
then this is the same like NXT.. Instead of Proof-of-Stake we Have Proof-of-(Time + Change in Stake )

where do all the coins come from? forging fees is only re-distributing money. ( it will not get more )
it has to be created someday..
i guess the company sold them, and is already rich? ^^

Personally forging for me is a plus. Im not in this coin because of forging. Im in this coin because next year i'll have the need to move my money fast through countries because i'll have to travel a lot and this is what i'm gonna use. Because alternatives are banks.. this means high commisions.. paying taxes in x country.. lot's of controls and they take weeks! If u only think about forging u didnt get what this coin means and the potential. I see many people still having the pump and dump coins mentality which offered x% earning 1º year and 2º year bit less and so on..

This is a payment system which really hit the street with a solid and real use. If u buy now only because of forging u dont get the point.. but this is good because when NODE reach the goal it will be 10x or even 100x times higher than now. But because of not getting the point u will have already sold maybe at 1,5x and will regret later.

When NODE were distribute people paid between 0.05BTC and 1,5BTC.. currently a stake is about 0.4-0.5 BTC. It's still early. NODE already went through the getting rid of dumpers and weak hands and no marketing stage. Marketing started, we have a solid and wide user base and this is just the begin. This is not just about forging.

[bitwho]

i foge only fees?
ok thank you for the information. this is then NOT my coin.
then this is the same like NXT.. Instead of Proof-of-Stake we Have Proof-of-(Time + Change in Stake )

where do all the coins come from? forging fees is only re-distributing money. ( it will not get more )
it has to be created someday..
i guess the company sold them, and is already rich? ^^

Personally forging for me is a plus. Im not in this coin because of forging. Im in this coin because next year i'll have the need to move my money fast through countries because i'll have to travel a lot and this is what i'm gonna use. Because alternatives are banks.. this means high commisions.. paying taxes in x country.. lot's of controls and they take weeks! If u only think about forging u didnt get what this coin means and the potential. I see many people still having the pump and dump coins mentality which offered x% earning 1º year and 2º year bit less and so on..

This is a payment system which really hit the street with a solid and real use. If u buy now only because of forging u dont get the point.. but this is good because when NODE reach the goal it will be 10x or even 100x times higher than now. But because of not getting the point u will have already sold maybe at 1,5x and will regret later.

When NODE were distribute people paid between 0.05BTC and 1,5BTC.. currently a stake is about 0.4-0.5 BTC. It's still early. NODE already went through the getting rid of dumpers and weak hands and no marketing stage. Marketing started, we have a solid and wide user base and this is just the begin. This is not just about forging.

can't blame them. at this point forging is that only thing that is a feature. plus this is a new coin. so of course people will talk about its technologies.  : )

[jwilford]

i foge only fees?
ok thank you for the information. this is then NOT my coin.
then this is the same like NXT.. Instead of Proof-of-Stake we Have Proof-of-(Time + Change in Stake )

where do all the coins come from? forging fees is only re-distributing money. ( it will not get more )
it has to be created someday..
i guess the company sold them, and is already rich? ^^

Personally forging for me is a plus. Im not in this coin because of forging. Im in this coin because next year i'll have the need to move my money fast through countries because i'll have to travel a lot and this is what i'm gonna use. Because alternatives are banks.. this means high commisions.. paying taxes in x country.. lot's of controls and they take weeks! If u only think about forging u didnt get what this coin means and the potential. I see many people still having the pump and dump coins mentality which offered x% earning 1º year and 2º year bit less and so on..

This is a payment system which really hit the street with a solid and real use. If u buy now only because of forging u dont get the point.. but this is good because when NODE reach the goal it will be 10x or even 100x times higher than now. But because of not getting the point u will have already sold maybe at 1,5x and will regret later.

When NODE were distribute people paid between 0.05BTC and 1,5BTC.. currently a stake is about 0.4-0.5 BTC. It's still early. We went through the getting rid of dumpers and weak hands and no marketing already. Marketing started, we have a solid and wide user base and this is just the begin. This is not just about forging.

This guy gets it. Warren Buffet got rich because he bought cheap stocks in companies he believed in and held on to them till everyone else believed in them too. Getting rich quick is NOT a reason to buy in to something. Trust me, you are not as smart as you think you are and everyone else is doing it too, plus now you have to compete with bots... Hint, you can't keep up. Researching something and deciding that it has the potential to change the world is a reason to invest in it's growth, getting rich is just a bi-product.

[whitecloud]

When NODE were distributed people paid between ... free, 0.02 BTC, 0.05 BTC ...
Were several stages.
So yes, 1st stage ... free for 1 stake!

[GreenDude]

ANd that is another point for the guy who asked before. Devs, etc.. didnt get rich or anything distributing. It was really cheap and public. Personally i found NODE thanks to jl777 who in that moment said this was a REALLY promising coin. 

[Gizfreak]

My stake 

[GreenDude]

And as Gizfreak shows u can kill vampires with NODE.

[Arux]

When NODE were distributed people paid between ... free, 0.02 BTC, 0.05 BTC ...
Were several stages.
So yes, 1st stage ... free for 1 stake!

i don't remenber the exact number but there was several hundred of stakes at less than 0.05btc. only one per real menber (sockspuppets were kicked off)
and at the end, some extra stake were sold between 0,5 btc and 1,5btc, something like 150 or 200 stakes. at this price, multiples stakes were allowed.
everything was annonced before.

the ipo list is public.

[Arux]

ANd that is another point for the guy who asked before. Devs, etc.. didnt get rich or anything distributing. It was really cheap and public. Personally i found NODE thanks to jl777 who in that moment said this was a REALLY promising coin. 

link plz 

[GreenDude]

ANd that is another point for the guy who asked before. Devs, etc.. didnt get rich or anything distributing. It was really cheap and public. Personally i found NODE thanks to jl777 who in that moment said this was a REALLY promising coin. 

link plz 

I have no freaking idea where he wrote that but i'll find it. I just have to use my memory and go back in time

[Arux]

ANd that is another point for the guy who asked before. Devs, etc.. didnt get rich or anything distributing. It was really cheap and public. Personally i found NODE thanks to jl777 who in that moment said this was a REALLY promising coin.  

link plz  

I have no freaking idea where he wrote that but i'll find it. I just have to use my memory and go back in time

thanks.
jl777 is an amazing dev and when he's talking, i listen to him very,very attentively. he has never disappointed me.

[whitecloud]

ANd that is another point for the guy who asked before. Devs, etc.. didnt get rich or anything distributing. It was really cheap and public. Personally i found NODE thanks to jl777 who in that moment said this was a REALLY promising coin.  

link plz  

I have no freaking idea where he wrote that but i'll find it. I just have to use my memory and go back in time

thanks.
jl777 is an amazing dev and when he's talking, i listen to him very,very attentively. he has never disappointed me.

good ol' troll: https://bitcointalk.org/index.php?topic=790566.msg8923447#msg8923447
 

[3x2]

ANd that is another point for the guy who asked before. Devs, etc.. didnt get rich or anything distributing. It was really cheap and public. Personally i found NODE thanks to jl777 who in that moment said this was a REALLY promising coin.  

link plz  

I have no freaking idea where he wrote that but i'll find it. I just have to use my memory and go back in time

thanks.
jl777 is an amazing dev and when he's talking, i listen to him very,very attentively. he has never disappointed me.

In my capacity of lead Nxt developer, I can assure you that no core Nxt developer is supporting the scamcoin called NAS.

NAS is a pump and dump coin. It has nothing new to offer. Even calling it a clone or fork would be a compliment they don't deserve, because it is not, it is a quick and dirty copy and paste job. And believe me, it is dirty - I actually took the time to look at the source, out of curiosity what they did with my code.

NAS have taken a test version of the new Nxt UI, developed by Wesley, which was not yet ready for production use - but they don't care, it is a get rich quick scheme, nevermind that it is other people's money this software is supposed to handle. They have also based their release on a Nxt version with a known critical vulnerability, which was fixed in Nxt long ago.

The NAS marketing guys are aggressively trying to bribe various people in the Nxt community with "giveaways". This is a thinly veiled attempt to make their "software" appear sanctioned by the Nxt community. They have also approached me with a similar offer of a generous donation, but I am ignoring it, because I do not want my name to be associated with this blatant scam.

Never confuse copy and paste jobs like NAS with legitimate Nxt alternatives. NEM and NXTL are trying to innovate and improve on the ideas brought by Nxt, they are apparently re-writing and re-designing everything from the ground up, and will be a healthy competition to Nxt. So they have my respect. But NAS... I hope I made myself clear.

Jean-Luc is a NXT lead developer  Node first name was NXTL.