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Topic: Closed Thread - page 264. (Read 677683 times)

sr. member
Activity: 450
Merit: 250
October 08, 2014, 03:22:33 AM
I want to contribute to a public faucet.
There is such a thing?
sr. member
Activity: 282
Merit: 250
October 08, 2014, 03:11:12 AM
hi i'm new here Smiley

i have a question about supply: how fast the forging of new cois is? what if you slow it down? would increase the value of coins in short term?

Hi  Smiley

Only TX fees are earned by forging, the total coin supply stays at one billion.
full member
Activity: 134
Merit: 100
October 08, 2014, 02:52:57 AM
hi i'm new here Smiley

i have a question about supply: how fast the forging of new cois is? what if you slow it down? would increase the value of coins in short term?
full member
Activity: 207
Merit: 100
October 07, 2014, 10:48:49 PM
The price seems to be travelling in the right direction for once. Bout time.
hero member
Activity: 531
Merit: 500
October 07, 2014, 08:27:42 PM
Exactly. Available NODES are 600M
hero member
Activity: 756
Merit: 506
October 07, 2014, 08:16:07 PM
They are not including the development funds which is like 40% of total NODE or along those lines?
full member
Activity: 128
Merit: 100
October 07, 2014, 06:05:11 PM
ah yes my bad.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
October 07, 2014, 06:00:25 PM
hey guys did you contact coinmarketcap already? it still says 600,000,000 instead of 100,000,000 total coins.

It's 1,000,000,000 doncha know. They seem to have fixated on that 600,000,000 for an age.
full member
Activity: 128
Merit: 100
October 07, 2014, 05:45:16 PM
hey guys did you contact coinmarketcap already? it still says 600,000,000 instead of 100,000,000 total coins.
sr. member
Activity: 322
Merit: 250
Super Smash Bros. Ultimate Available Now!
sr. member
Activity: 322
Merit: 250
Super Smash Bros. Ultimate Available Now!
October 07, 2014, 02:59:57 PM

I'm not entirely convinced a fully connected network of that size will work (latency, varying hardware...)
Of course it will not work, pity devs do not see it  Cry

NODE deadeds?   Cry

Absolutely deaded! sell your nodes Smiley

But what if it rebounds?   Shocked

I'm riding this down to zero!

Not going any lower than this. So be smart and sell your nodes now.
yes, sell now.
but don't regret it  Grin
hero member
Activity: 531
Merit: 500
October 07, 2014, 02:57:44 PM

I'm not entirely convinced a fully connected network of that size will work (latency, varying hardware...)
Of course it will not work, pity devs do not see it  Cry

NODE deadeds?   Cry

Absolutely deaded! sell your nodes Smiley

But what if it rebounds?   Shocked

I'm riding this down to zero!

Not going any lower than this. So be smart and sell your nodes now.
hero member
Activity: 756
Merit: 506
October 07, 2014, 02:52:21 PM

I'm not entirely convinced a fully connected network of that size will work (latency, varying hardware...)
Of course it will not work, pity devs do not see it  Cry

NODE deadeds?   Cry

Absolutely deaded! sell your nodes Smiley

But what if it rebounds?   Shocked

I'm riding this down to zero!
hero member
Activity: 531
Merit: 500
October 07, 2014, 02:50:07 PM

I'm not entirely convinced a fully connected network of that size will work (latency, varying hardware...)
Of course it will not work, pity devs do not see it  Cry

NODE deadeds?   Cry

Absolutely deaded! sell your nodes Smiley
hero member
Activity: 756
Merit: 506
October 07, 2014, 02:42:51 PM

I'm not entirely convinced a fully connected network of that size will work (latency, varying hardware...)
Of course it will not work, pity devs do not see it  Cry

NODE deadeds?   Cry
legendary
Activity: 1367
Merit: 1000
October 07, 2014, 02:25:27 PM
I'm not entirely convinced a fully connected network of that size will work (latency, varying hardware...)
Of course it will not work, pity devs do not see it  Cry
hero member
Activity: 980
Merit: 1001
October 07, 2014, 10:34:50 AM
I'm not entirely convinced a fully connected network of that size will work (latency, varying hardware...) but it's most defintely a very interesting approach.

Looking forward to see how this works out when it's finished !
sr. member
Activity: 457
Merit: 250
October 07, 2014, 10:23:16 AM
A big thank you to Pat and Silk for sticking with this and clearing up some questions. I agree with Pat about having that info in the whitepaper.

Yes, those were some good questions. It cleared up a lot of things for me as well. I see now why you can say that Node's transactions are instant as they go out onto the network and are verified immediately. If you tried to do a double spend, one of the transactions would be dropped before it ever receives a confirmation.

Did I read correctly that currently 3 confirmations are required before the transaction is added to a block and later this will be changed to 6?

Yes, we are still set up the POA, there will be several times vary. At the end when we finish will leave 6 confirmation before entering the block
hero member
Activity: 596
Merit: 500
October 07, 2014, 10:04:17 AM
A big thank you to Pat and Silk for sticking with this and clearing up some questions. I agree with Pat about having that info in the whitepaper.

Yes, those were some good questions. It cleared up a lot of things for me as well. I see now why you can say that Node's transactions are instant as they go out onto the network and are verified immediately. If you tried to do a double spend, one of the transactions would be dropped before it ever receives a confirmation.

Did I read correctly that currently 3 confirmations are required before the transaction is added to a block and later this will be changed to 6?
legendary
Activity: 1036
Merit: 1000
October 07, 2014, 09:43:01 AM
Nodecoin - is a second generation cryptocurrency made from scratch on node.js. It was created from scratch to contain many improvements and additional features over a first generation crypto currency such as Bitcoin.
 
Unlike other cryptocurrencies, Node doesn't strive to replace Bitcoin, but in contrary encourages its adoption and spreading. We believe that Bitcoin is the pylon that holds everything in place, the infrastructure and economy of the crypto-world was created around bitcoin, and our goal is to maintain that spirit. One of the objectives we've set in order to fulfill that goal is to integrate BTC with Node. The initiative is remarkable, so we took it to another level and added USD and EUR to the Integration List, making a total of 4 assets within one Wallet. In order to understand the working principle we'll examine the crypto aspect of Node.
 
Node cryptocurrency?
 
What makes node different and unique, is the cutting edge technology that was used to program it: Node.js®
Node.js® is a platform built on Chrome's javascript runtime for easily building fast, scalable network applications. Node.js uses an event-driven, non-blocking I/O model that makes it lightweight and efficient, perfect for data-intensive real-time applications that run across distributed devices. For more intelligence visit Wiki.
 
Nodecoin uses Curve25519 , that is a state-of-the-art Diffie-Hellman function suitable for a wide variety of applications, as its encrypting algorithm and SHA256 as its cryptographic hash function.
New Forging system: Proof of Activity (PoA) implementation. Node relies on an new mechanism for a secured an equitable forging process. Learn More
Instant Transactions - Node's transactions stream has impressive response time, added security measures which lead to an untraditional block generation.
New Block generation concept - unlike other cryptos, Node's Blocks are created on demand. No empty blocks are created, as result the chain is light and fast loading.

First hybrid international electronic payment system that allows you to pay bills and shop online, send and receive remittances.

NodePay - includes crypto currency Node, Bitcoin and centralized currency USD - EUR
 
The system has a high degree of security, speed of transactions and a wide range of input methods-withdrawal. Also feature NodePay are some of the lowest fees (ranging from 0%), client (simple and intuitive interface), full automation of operations and qualified customer support.
 
What are the advantages NodePay?

Freedom of payments - This is an opportunity to send or receive any amount of money instantly, anywhere in the world, at any time. No bank holidays. No boundaries. Any imposed restrictions. Bitcoin allows users to fully control their kriptovalyuty and real money.

Very low commissions - platezhina currently produced either no commission either incredibly small commissions. Users can enable the commission in a transaction that would be given priority in processing, resulting in more rapid confirmation of network transactions. In addition, NodeBank exist, for that would help entrepreneurs in conducting transactions, translating into NodePay fiatnye currency and placing funds directly to accounts of entrepreneurs every day. Since these services are based on the platform Node, they may be provided with commissions much lower than using PayPal, or credit card network.

Less risk for entrepreneurs - Transactions NodePay safe, irreversible, and do not contain sensitive or personal information about the customer. This protects businesses from losses due to fraud or fraudulent return fees and no need to meet the standards PCI - Security Standards Payment Card Industry. Businesses can easily expand into new markets, where not available or credit card, or unacceptably high ratings fraud. This network gives lower commissions, large markets, and less administrative costs.

Security and control - users NodePay fully in control of their transaction; entrepreneurs can not without your knowledge or desire to withdraw money, as can happen with other payment methods. Payments can be made without reference to the personal information of the transaction. This gives strong protection against theft of personal information. NodePay users can also protect their money with the help of backup and encryption.

Transparent and neutral - All information regarding most of the money supply NodePay always available for all units in the chain, in order to check and use in real time. No one person or organization can not control or manipulate protocol Node, because it is cryptographically secure. Allowing trust central Node, for its neutrality, transparency and predictability.

U can also check the whitepaper https://docs.google.com/document/d/1zDlGZn7sICIA8bUPhe6jPPzGOxA4YgTgi6J4XilFpgs/edit?pli=1

Hybrid payment hmm  Roll Eyes Huh
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