[ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer

[JohnnyBTCSeed]

Question here.

What is the difference between core coins and related services? In particular how does BITS fit in? The newsletter has it listed as

BITS (SuperNET CORE component!)

however on the BITS announce page it lists it as

[ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ superNET core coin ★ ATM soon

Any clarity would be appreciated since BITS is also a coin.

[kodtycoon]

A new core coin has been selected to be added to SuperNET.

Please dont ask me which one as it will be announced sometime soon

James

how soon is soon?

Before NEM      

well unless nem can launch damn nifty i think your right lol

[jl777]

Question here.

What is the difference between core coins and related services? In particular how does BITS fit in? The newsletter has it listed as

BITS (SuperNET CORE component!)

however on the BITS announce page it lists it as

[ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ superNET core coin ★ ATM soon

Any clarity would be appreciated since BITS is also a coin.

BITS is doing ATM and this will be a core service. So, it is a unique situation as it is a coin and also service

It is important to understand that there are many levels (and possibilities) for SuperNET integration. As more and more services and coins are added, it is possible for some to get a lot of activity even without being strictly in the core.

James

[BTCMILLIONAIRE]

Hello all...I invested heavily in blocknet only to find out it is CRAP basically a copy of supernet with lazy ass devs ...but in the process I found out about supernet....so can someody tell me what it is and how works and how do i invest and get paid 

[jahl]

Hello all...I invested heavily in blocknet only to find out it is CRAP basically a copy of supernet with lazy ass devs ...but in the process I found out about supernet....so can someody tell me what it is and how works and how do i invest and get paid  

Lol, i heard about blocknet before superNET aswel, trading my losses away to then invest more in superNET.
I haven't read all the documentation yet, but i have bought UNITY at BTer.
those are the supernet shares basically how i understand it.
they pay dividends to your NXT wallet where you keep those shares (or you can keep them on BTer and get dividends aswel but always safer in your own wallet right).
Transfer the UNITY shares to your NXT wallet address and they will apear in the asset tab (as will dividends that you receive along the way).

[ShroomsKit_Disgrace]

Hello all...I invested heavily in blocknet only to find out it is CRAP basically a copy of supernet with lazy ass devs

You are goddamn RIGHT!

[BTCMILLIONAIRE]

ok and how are dividends paid and how much...basically how it works once i buy 800k unitys   

[jahl]

ok and how are dividends paid and how much...basically how it works once i buy 800k unitys    

they are send to your NXT wallet where you keep your shares.(don't have to keep it open)
the % of each existing asset are in the newsletters on supernet.org but new assets are still being developped and added.
You can trade those assets in the wallet for NXT in their asset exchange, but haven't tried it yet since i will be holding the dividends.

[BTCMILLIONAIRE]

when are they paid? monthly weekly etc? could i keep em at bter and still get dividends? 

[habraken]

ok and how are dividends paid and how much...basically how it works once i buy 800k unitys    

If I'm correct up to now only some assets have been distributed amongst SuperNET (and Nxtventure) holders, like NeoDICE and Pangea (poker). In future, when SuperNET goes live and people start really using the features, also 'earnings' in transaction fees and earnings from projects like FreeMarket will be distributed via SuperNET. But I think it's too early for that.
Please correct me if I'm wrong

[jahl]

when are they paid? monthly weekly etc? could i keep em at bter and still get dividends?  

well i think they are still in the making of their asset dividends, thus far i have received 18 pangea shares for 195 UNITY.
I think originally it was aimed to get paid dividends starting from jan 2015 altho i'm not 100% since there is so much to read on other alts and sorts, that sometimes one can forget details.
but you can keep them on BTer yes, dividends there are paid to the UNITY owners as i've understood.
but its best to keep them in the same place i've read else you could miss out on dividends being paid by BTer when they see you have no UNITY balance anymore after they get send the dividends.
so pick wallet or BTer, and I think a new BTCD or superNET wallet version including UNITY shares is being created as we speak.

[BTCMILLIONAIRE]

when are they paid? monthly weekly etc? could i keep em at bter and still get dividends?  

well i think they are still in the making of their asset dividends, thus far i have received 18 pangea shares for 195 UNITY.
I think originally it was aimed to get paid dividends starting from jan 2015 altho i'm not 100% since there is so much to read on other alts and sorts, that sometimes one can forget details.
but you can keep them on BTer yes, dividends there are paid to the UNITY owners as i've understood.
but its best to keep them in the same place i've read else you could miss out on dividends being paid by BTer when they see you have no UNITY balance anymore after they get send the dividends.
so pick wallet or BTer, and I think a new BTCD or superNET wallet version including UNITY shares is being created as we speak.

18 pangea equals to how many btc or usd? 195*$3.50=$682.5 .... let me figure out if its worth investing my easily earned btcs 

[McDoxy1]

when are they paid? monthly weekly etc? could i keep em at bter and still get dividends?  

well i think they are still in the making of their asset dividends, thus far i have received 18 pangea shares for 195 UNITY.
I think originally it was aimed to get paid dividends starting from jan 2015 altho i'm not 100% since there is so much to read on other alts and sorts, that sometimes one can forget details.
but you can keep them on BTer yes, dividends there are paid to the UNITY owners as i've understood.
but its best to keep them in the same place i've read else you could miss out on dividends being paid by BTer when they see you have no UNITY balance anymore after they get send the dividends.
so pick wallet or BTer, and I think a new BTCD or superNET wallet version including UNITY shares is being created as we speak.

18 pangea equals to how many btc or usd? 195*$3.50=$682.5 .... let me figure out if its worth investing my easily earned btcs  

One pangea asset costs about 27-30 NXT. So right now it's not a lot. But pangea is still in early development as well. If I were you I would have a look at the NeoDICE and InstantDEX assets. NeoDICE will be a decentralized satoshi dice, and instantDEX will pay out the fees that were generated through instant transactions. (They don't pay out anything yet because SuperNET is not live)
I bought those extra through the Nxt asset exchange, because the superNET dividends are still quite small. Of course that will change once it goes live, but it's always good to have some extra dividend paying assets

[jahl]

yea, its an investment into the future.
If all works out well, getting in at the early stages is always best.
Not sure why you would want to calculate profits atm since its too early for that.
again read the newsletters @ supernet.org.
you'll then understand the details of what you are investing in.

[BTCMILLIONAIRE]

so let me get this straight if i buy supernet unitys I get dividends from ALL assets on supernet or just certain ones ....im still confused 

[whive]

My question is for NXT experts.

I find the login Passphrase on brain wallet to be a single point of failure/weakness for using NXT and NXT related tools! Why? Because most people cant memorize the long pass phrase and they have to write it down somewhere...

What additional measures can one take to secure NXT wallet given how critical a platform it will be in the near future with MGW and SuperNet?

[Cassius]

My question is for NXT experts.

I find the login Passphrase on brain wallet to be a single point of failure/weakness for using NXT and NXT related tools! Why? Because most people cant memorize the long pass phrase and they have to write it down somewhere...

What additional measures can one take to secure NXT wallet given how critical a platform it will be in the near future with MGW and SuperNet?

Yes, it's a point of controversy
Some NXT wallets do use a wallet.dat. I think the MOFO wallet does (I didn't name it...)
You can also use secureae.com, which is a web wallet that includes the Asset Exchange, though I think it will still require a long password of some sort - not sure.
People use stuff like Keepass and other apps like it.

[_mr_e]

My question is for NXT experts.

I find the login Passphrase on brain wallet to be a single point of failure/weakness for using NXT and NXT related tools! Why? Because most people cant memorize the long pass phrase and they have to write it down somewhere...

What additional measures can one take to secure NXT wallet given how critical a platform it will be in the near future with MGW and SuperNet?

I am working on an application that will allow you to use your wallet or other nxt services, while requiring you to have the confirm the transactions on a mobile device. So a form of 2 factor, yet trustless, auth.

[Juicemixer]

Trust me when I say you will want to keep your SuperNET in your NXT wallet. You can also go ahead and use the early beta SuperNET wallet but remember that it is beta and not all functions are there yet. Coinomat works along with the production server MGW. https://nxtforum.org/lite-multigateway-releases/supernet-v1-3-4-3/

As for dividend payments. SuperNET pays out asset dividends for services that is being funded with use in SuperNET. In the future any other services that SuperNET funds will also be payed out as asset dividends. All these funded assets also can be traded separately through the NXT asset exchange located in the NXT/SuperNET wallet. SuperNET also buys up large amounts of asset it finds profitable to invest in for it's holders. Because of this SuperNET will also pay out dividend in NXT since all the assets it holds is receiving NXT fees from people using the service. The fees from these services is much small compared to  the more centralized counterparts to encourage usage. The more users of SuperNET the more fees to be payed out and the higher the NXT dividend is received. As for when SuperNET will start to pay out dividends in NXT? I'm not sure. Only the people in charge know that.

[Cassius]

Trust me when I say you will want to keep your SuperNET in your NXT wallet. You can also go ahead and use the early beta SuperNET wallet but remember that it is beta and not all functions are there yet. Coinomat works along with the production server MGW. https://nxtforum.org/lite-multigateway-releases/supernet-v1-3-4-3/

As for dividend payments. SuperNET pays out asset dividends for services that is being funded with use in SuperNET. In the future any other services that SuperNET funds will also be payed out as asset dividends. All these funded assets also can be traded separately through the NXT asset exchange located in the NXT/SuperNET wallet. SuperNET also buys up large amounts of asset it finds profitable to invest in for it's holders. Because of this SuperNET will also pay out dividend in NXT since all the assets it holds is receiving NXT fees from people using the service. The fees from these services is much small compared to  the more centralized counterparts to encourage usage. The more users of SuperNET the more fees to be payed out and the higher the NXT dividend is received. As for when SuperNET will start to pay out dividends in NXT? I'm not sure. Only the people in charge know that.

I'm not in charge, but I believe the working assumption is the end of the year.
The nominal date for SuperNET launch is Christmas. I'm not sure what revenue-generating services will be up and running by then, though. It's possible neoDICE will be, and perhaps one or two others.