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Author Topic: Is NODE with Node-pay & Node-bank included the ultimate solution ?  (Read 7955 times)
CryptoniteToSuperman
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November 09, 2014, 04:49:47 PM
 #1


Is NODE going to show the way for crypto-world how to connect on to real-world economics ?
That's what i have been thinking lately. Conclusion: Yes.
 
Integrating Nodecoin, Bitcoin, Euro and USD in to one wallet sounds amazing. And together with
Node-pay and Node-bank, It will be very convinient way of moving and exchanging money, both
Fiat and Crypto.

PoA-algoritm and instant transactions is in the package by default. Nodecoin could be
easily used in the cash-register soon, it's that fast.

I red early version of their whitepaper (from nodecoin.com) and saw the development been
done in few months and that made me believe this is going to be one of the biggest crypto for sure.

I have been following this project since the beginning, but i was having my doughts and were
not investing before i see it is released and show some progress and also marketing
effort begins... Now it all start happening... (http://www.cnbc.com/id/102165809)

I'm just hoping they will get a couple of good spokesmen on board who could speak
fluently english and russian so information from devs to users will flow here in BCT-forum and
elsewhere where it happens mostly in english. And everybody will notice this stunnishing project.
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atleticofa
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November 09, 2014, 04:51:02 PM
 #2

NODE and NEM will be a revolution
poncom
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November 09, 2014, 04:58:13 PM
 #3

What is Node-pay and Node-bank? If you can pay fiat into it somehow then what KYC system does it have?
CryptoniteToSuperman
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November 09, 2014, 05:21:39 PM
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What is Node-pay and Node-bank? If you can pay fiat into it somehow then what KYC system does it have?


There is some info in the whitepaper under "payment prossessing system". You need to register at the Nodebank, when dealing with Fiat.
poncom
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November 09, 2014, 05:39:03 PM
 #5

Is the Nodebank decentralized or centralized?
CryptoniteToSuperman
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November 09, 2014, 05:43:38 PM
 #6

Is the Nodebank decentralized or centralized?

Nodebank has to be centralized of course.

edit: when depositing/withdraw Fiat, that happens through centralized gateway to/from credit card or wire transfer etc., everything else is decentralized.
CryptoniteToSuperman
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November 09, 2014, 06:05:04 PM
 #7

Is the Nodebank decentralized or centralized?

Nodebank has to be centralized of course.

jep goodbye, another etherum,ripple crap

crypto is about decentralisation not the other way around.
Didn't you learn when banks fucked up the market and soon will do again ?

As i understud, deposit/withdraw Fiat it is the only centralized thing in the Node system. You have a control of your money, when it is in your wallet.
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November 09, 2014, 06:13:14 PM
 #8

Is NODE out yet? I haven't checked out their ANN in a while.

poncom
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November 09, 2014, 06:13:30 PM
 #9

How fast are fully confirmed transactions? Dark coin is testing some new technology to speed up transactions and I was wondering how well NODE compares.
CryptoniteToSuperman
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November 09, 2014, 06:52:47 PM
 #10

Is NODE out yet? I haven't checked out their ANN in a while.

Yes it is released and currently traded at Bter.
CryptoniteToSuperman
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November 09, 2014, 06:57:09 PM
 #11

How fast are fully confirmed transactions? Dark coin is testing some new technology to speed up transactions and I was wondering how well NODE compares.

There is said 50-100 confirmations in second  Shocked   on that CNBC-press release. Link above in the first post.
3x2
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November 09, 2014, 07:13:44 PM
 #12

The best thing is there are no empty blocks, so no blockchain bloat.

░░ TELCOIN ░░    Financial inclusion for a Mobile World
Register for the Token Sale Now
jwinterm
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November 09, 2014, 10:02:22 PM
 #13

Betteridge's law of headlines says, "no."
CryptoniteToSuperman
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November 09, 2014, 10:18:57 PM
 #14

I hope Node makes the thresholds between Fiat-world and Crypto-world lower so it will be more convenient for people to move between two worlds and eventually it will alter the balance towards decentralized money without central banking, when people start seeing the benefits for them.
BlackMarket
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November 10, 2014, 07:34:14 AM
 #15

http://bitcoinmagazine.com/18097/node-second-generation-cryptocurrency-with-different-codebase-to-bitcoin-launches/
Long time development, i think dev team very serious about this coin  Wink

CoinsInTheCan
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November 10, 2014, 12:29:37 PM
 #16

Node belongs to top 5 of the coins right now imho. Just bought some more. Great journey ahead...
CoinsInTheCan
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November 10, 2014, 08:53:59 PM
 #17

I'm gonna be rich, not later than february.  Cool

http://bitcoinmagazine.com/18097/node-second-generation-cryptocurrency-with-different-codebase-to-bitcoin-launches/
jwilford
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November 11, 2014, 08:07:17 PM
 #18

One of the key features that sold me was the online wallet and easy cheap forging that can be done on any PC. I know us hard core cryptos carry our wallets everywhere, have the best miners, create cold storage and have all the best encryption software but if we ever want cryptocoins to be more than a hipster club we have got to make it easy for people who don't want to read the white papers, join a mining pool, buy hardware or even understand what a blockchain is to use. NODE is the next step in that process. Plus when immigrant workers find out that they can send FIAT back home for such a small fee and they don't have to worry about government X banning it because some federal bank wanted to ban decentralized currencies this thing is going to explode. We just have to carry it until then.
belmonty
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November 11, 2014, 08:11:39 PM
 #19

Do you need half a million coins before you can forge?
kevinkk525
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November 11, 2014, 08:12:44 PM
 #20

How fast are fully confirmed transactions? Dark coin is testing some new technology to speed up transactions and I was wondering how well NODE compares.

There is said 50-100 confirmations in second  Shocked   on that CNBC-press release. Link above in the first post.

usually the confirmations are there in a few seconds and the transaction is complete in around seconds to 1 minute.

yes you need 500k NODE in your wallet in order to forge.
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