Closed Thread - page 135. | Bitcointalksearch.org

l8orre

legendary

Activity: 1181

Merit: 1018

Quote from: patmast3r on January 05, 2015, 04:12:16 AM

Quote from: BlackMarket on January 05, 2015, 03:15:03 AM

guys, look at stellar. they don't have source code and wallet but look at price. Angry

what do you mean they don't have source code and wallet ?

good question!

But in general this shows that much of the altcoin market is fashion hype and speculation, and Hipsters that are chasing the latest fashion fads don't do research into the fundamentals.

Node is not US centric, it does not have glamour and fashion hype, and the technoclogy is difficult to understand.

But this will be what succeeds, so I am not worried at all about this!

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: BlackMarket on January 05, 2015, 03:15:03 AM

guys, look at stellar. they don't have source code and wallet but look at price. Angry

what do you mean they don't have source code and wallet ?

BlackMarket

sr. member

Activity: 322

Merit: 250

Super Smash Bros. Ultimate Available Now!

guys, look at stellar. they don't have source code and wallet but look at price. Angry

BlackMarket

sr. member

Activity: 322

Merit: 250

Super Smash Bros. Ultimate Available Now!

Quote from: helloge on January 05, 2015, 01:41:25 AM

Quote from: BlackMarket on January 04, 2015, 09:26:23 AM

Quote from: whitecloud on January 03, 2015, 04:02:06 PM

BTC to $240 ? Shocked

How will this influence node ?

shit, regret not sell at $300 Angry

you never know the market, but you can choose to believe the btc in long term.

i believe node, i hope nodepay launch soon. and node based usd.

helloge

legendary

Activity: 1057

Merit: 1000

The Experience Layer of the Decentralized Internet

Quote from: BlackMarket on January 04, 2015, 09:26:23 AM

Quote from: whitecloud on January 03, 2015, 04:02:06 PM

BTC to $240 ? Shocked

How will this influence node ?

shit, regret not sell at $300 Angry

you never know the market, but you can choose to believe the btc in long term.

LemonAndFries

sr. member

Activity: 462

Merit: 250

NODE 120,000 Giveaway Update:

Sorry about the delay, had some life things to attend.

9,500 NODE were sent out today

8,000 NODE extra were sent to participants who kept the signature past New Year's day.

1,500 NODE sent to new people who signed up for the giveaway

113,000 - 9,500 = 103,500 NODE left to giveaway!

GreenDude

hero member

Activity: 531

Merit: 500

That will keep going down until big players lose more btc than what they win. The point of this is gather the max amount of BTC. At some point pushing down will make them lose more btc than gain btc. That moment BTC will change the trend.

BlackMarket

sr. member

Activity: 322

Merit: 250

Super Smash Bros. Ultimate Available Now!

Quote from: whitecloud on January 03, 2015, 04:02:06 PM

BTC to $240 ? Shocked

How will this influence node ?

shit, regret not sell at $300 Angry

GreenDude

hero member

Activity: 531

Merit: 500

Quote from: freigeist on January 04, 2015, 05:36:39 AM

Quote from: l8orre on January 04, 2015, 03:57:59 AM

Big money is coming into crypto- so expect big games!

How do you know?
Who told ya that?!

Paypal, Microsoft, facebook, some banks, some ex-directors and a big etc..

freigeist

hero member

Activity: 1116

Merit: 535

Quote from: l8orre on January 04, 2015, 03:57:59 AM

Big money is coming into crypto- so expect big games!

How do you know?
Who told ya that?!

l8orre

legendary

Activity: 1181

Merit: 1018

Big money is coming into crypto- so expect big games!

fedoralite

sr. member

Activity: 548

Merit: 251

Quote from: whitecloud on January 03, 2015, 04:02:06 PM

BTC to $240 ? Shocked

How will this influence node ?

Need to sell a Node for USD and not to depend on Bitcoin

GreenDude

hero member

Activity: 531

Merit: 500

I think BTC is being pushed down to later pump it up. I told about 1 or 2 weeks ago it could go to 280usd. But 240.. well. who knows? It's just matter of time. Its a great moment for whales to buy cheap BTC and later pump it to sky. Big players are coming into bitcoins and they want to control them all. Making people panic sell is a good way to do it.

whitecloud

sr. member

Activity: 450

Merit: 250

BTC to $240 ? Shocked

How will this influence node ?

Nodeclub

member

Activity: 84

Merit: 10

Quote from: patmast3r on January 03, 2015, 02:51:36 PM

Quote from: Nodeclub on January 03, 2015, 01:06:23 PM

Quote from: patmast3r on January 03, 2015, 11:56:35 AM

Quote from: Nodeclub on January 02, 2015, 01:18:15 PM

...
So now you have the opportunity to support the system and get a reward at the initial stage. In the future "time forging" for network support will be available only for Master Nodes - everybody can run it, but the requirements for the connection and server will be high - 24/7 high speed connection and 10,000+ open ports. The rest will receive bonuses only for the usage of network for its intended purpose - as a payment system.

So this sounds - again - different than what has been told before so I'll - again - try to understand it.
Up until now i thought that ANY node could become a masternode, i.e. there is no fixed set of masternodes like there is in e.g. darkcoin.
This quote however sounds like there is going to be a fixed set of masternodes.

That's right, the Master Node will be available to everyone, no any fixed set on Master Nodes like in darkcoin, everybode will be able to run it.

Quote from: patmast3r on January 03, 2015, 11:56:35 AM

So what is it ? Will there be a fixed set of masternodes or can ANY node be at some point selected to be a masternode (which i thought was all the fancy neural network talk was about) ?

Right. ANY PERSON can run Master Node, but not ANY CLIENT can serve as the Master Node (10,000 of open stable connections).

I think you missed my point or rather I'm still not sure I understand your system.

Any person can run a master node, okay I got that.
Say 300 people run masternodes and there are 10 000 nodes in total i.e. 300 masternodes and 9 700 "normal" nodes.
Those 300 masternodes would then do all the validation of transactions and pump out blocks while the rest of the nodes i.e. the 9 700 nodes are just nodes that broadcast tx and recieve blocks but can't do any validation.

Is that about right ?

Quite the opposite. Each of a node (clients) participates in validation, the difference is in the load and communication architecture.

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: Nodeclub on January 03, 2015, 01:06:23 PM

Quote from: patmast3r on January 03, 2015, 11:56:35 AM

Quote from: Nodeclub on January 02, 2015, 01:18:15 PM

...
So now you have the opportunity to support the system and get a reward at the initial stage. In the future "time forging" for network support will be available only for Master Nodes - everybody can run it, but the requirements for the connection and server will be high - 24/7 high speed connection and 10,000+ open ports. The rest will receive bonuses only for the usage of network for its intended purpose - as a payment system.

So this sounds - again - different than what has been told before so I'll - again - try to understand it.
Up until now i thought that ANY node could become a masternode, i.e. there is no fixed set of masternodes like there is in e.g. darkcoin.
This quote however sounds like there is going to be a fixed set of masternodes.

That's right, the Master Node will be available to everyone, no any fixed set on Master Nodes like in darkcoin, everybode will be able to run it.

Quote from: patmast3r on January 03, 2015, 11:56:35 AM

So what is it ? Will there be a fixed set of masternodes or can ANY node be at some point selected to be a masternode (which i thought was all the fancy neural network talk was about) ?

Right. ANY PERSON can run Master Node, but not ANY CLIENT can serve as the Master Node (10,000 of open stable connections).

I think you missed my point or rather I'm still not sure I understand your system.

Any person can run a master node, okay I got that.
Say 300 people run masternodes and there are 10 000 nodes in total i.e. 300 masternodes and 9 700 "normal" nodes.
Those 300 masternodes would then do all the validation of transactions and pump out blocks while the rest of the nodes i.e. the 9 700 nodes are just nodes that broadcast tx and recieve blocks but can't do any validation.

Is that about right ?

Nodeclub

member

Activity: 84

Merit: 10

Quote from: adamavfc on January 03, 2015, 01:26:31 PM

Awesome! How is the development of NodeBank coming along?

The first stage of NodePay will be released most likely in February.

adamavfc

newbie

Activity: 36

Merit: 0

Awesome! How is the development of NodeBank coming along?

Nodeclub

member

Activity: 84

Merit: 10

Quote from: whitecloud on January 03, 2015, 12:21:01 PM

I understand that it's not a fixed number of Master Nodes.
Master Nodes just must to meet certain conditions.
ANY node can be at some point selected to be a Master Node, but under certain conditions - what is reasonable.
You can not put a Mercedes engine in a Trabant bodywork.

Exactely.
In few days we will release the special Manual, so everyone will be able to run 24/7 online Node client at inexpensive Linux hosting.

Nodeclub

member

Activity: 84

Merit: 10

Quote from: patmast3r on January 03, 2015, 11:56:35 AM

Quote from: Nodeclub on January 02, 2015, 01:18:15 PM

...
So now you have the opportunity to support the system and get a reward at the initial stage. In the future "time forging" for network support will be available only for Master Nodes - everybody can run it, but the requirements for the connection and server will be high - 24/7 high speed connection and 10,000+ open ports. The rest will receive bonuses only for the usage of network for its intended purpose - as a payment system.

So this sounds - again - different than what has been told before so I'll - again - try to understand it.
Up until now i thought that ANY node could become a masternode, i.e. there is no fixed set of masternodes like there is in e.g. darkcoin.
This quote however sounds like there is going to be a fixed set of masternodes.

That's right, the Master Node will be available to everyone, no any fixed set on Master Nodes like in darkcoin, everybody will be able to run it.

Quote from: patmast3r on January 03, 2015, 11:56:35 AM

So what is it ? Will there be a fixed set of masternodes or can ANY node be at some point selected to be a masternode (which i thought was all the fancy neural network talk was about) ?

Right. ANY PERSON can run Master Node, but not ANY CLIENT can serve as the Master Node (10,000 of open stable connections).

Topic: Closed Thread - page 135. (Read 677703 times)