Topic: Closed Thread - page 298. (Read 677685 times)

The White Paper is great, please plan to fruition, thank you

Nice try to take things out of context.

Here's the full statement in the WP:

"Blocks

As accepted by the crypto community the Node’s Ledger is a conceived series of blocks linked together in a chain - referred as Blockchain.  The Ledger or Blockchain provides a transparent access to all the transactions that had or will happen in Node.

There are major differences between Node’s implementation of the blockchain concept, le’ts examine them:
No Empty blocks;
Lightweight;
60s block generation timeframe;
Double verification;


In comparison with other major cryptocurrencies such the 1st gen. Bitcoin and 2nd. gen. Nxt, Node doesn’t create empty blocks on top of already secured existing blocks, this measure assures quality over quantity. Forgers are rewarded with value, which increases their activity in the long run, the blockchain doesn’t get bloated and verification takes less time.

Due to the fact that blocks are created only on a demand basis, it gradually minimizes its size. Allowing for faster download and synchronization, this way reducing the physical size required to operate it locally, and amount of buffer to load it.

As already mentioned in the transaction section, blocks are generated on a demand basis, if there is at least 1 valid transaction the block is generated by the selected forger. So the indicator here is time, after a transaction is validated by the network, it automatically starts a countdown of 60 seconds, if more transactions are made within this timeframe, all of them will be included in the current block. The cron will restart after a new transaction is validated. These formula allows a maximum of 1440 Blocks per day ( 24h x 60s intervals). "

So to put it simply, I'm sure they meant that a block is created ONLY if within those 60 seconds there is a transaction, if there is no transaction, block creation is skipped and the timer restarts and scans for new transactions.  This slims down the block chain by not creating empty blocks and thus creating a smaller blockchain.  After those 60 seconds, if a block is created then that block will be trasmitted and instead of waiting another 60sec for another confirmation. That block will be confirmed almost instantly.



Source code is not even released, yet you want to claim it's a copy.  How so if you don't even know how it actually was coded and how it really works.

Lol.. english is horrible and estonian? is also horrible? What did you expect? A technical explanation from a dev point of view?
It was supposed to be this way. It's for normal users. Not for an expert like you who can see the matrix.

Whitepaper is extremely vague and English is horrible.

Now all we need is a Bittrex add... that would be huge. From spending a lot of time in IRC, it seems this coin is somehow flying beneath much of the crypto community's radar. I think once trex adds, we will get a lot of much-deserved attention.

Mine too -- not running as admin, no issues. I did have issues with an older wallet though - don't remember the exact fix but I think I cleared out the NODE/nxtl folders in C:/Users/myusername/AppData/Local -- forces a resync to the blockchain, which fixed another sync issue I was having.

I just did a test and same here - 0.8 works fine for me on Win 8, 0.9 launches but crashes right away.

I'm sure the issue will be fixed for v1.0 

working perfect for me too.

Working for me.

node 0.8 works for me but not 0.9 .. why?

Bitcoin integration is a good idea, I'm happy for Node

when time is transmitted (let's call it join announcement), what are the time limits WHEN is join announcement is accepted?
Or in other words, can I send join announcement that would be "in the past"?

If there are any limits, do you have NTP implemented?

Your time of the first connection is transmitted over all network Node

The whitepaper is awesome. Does node have any plans to include gold and Silver alongside USD and Euro integration?

How will the network come to consensus which node is actually most active?

I understood the general idea, it is a bit vague though.

Will wait for further details to be released.

I believe you are wrong and there is a stark difference between the 2. 100NODEusd is backed by 100usd in NODEbank, whereas NODEcoin is subject to its own supply/demand rules. What is the demand of NODEcoin when you can use NODEusd NODEeuro for purchases/transfering?

The PoA forging algorithm is really interesting, kinda innovative. But I have several questions:

1. Will I have to send ANY amount of Nodes during 24h (as stated in a whitepaper) to forge something? Or is it just a feature adding some points to my Nodeheight?

2. Does the network track and record somehow the IP address of each node besides its Nodeheight? I think there might be a vulnerability:
What stops us from cheating the system by creating several wallets with different addresses on our machines, turning them on and wait until each of them forge something?
It can be easily done by creating several virtual machines each having their own wallet switched on...
So in this case the Nodeheight will be determined for each wallet separately. Am I right?

Yes. Im very very impressed with the whitepaper. An easy read too with easy to understand explanations to complex ideas.
WP

I'll be the first then, renting out minecraft servers for NODE. PM me and tell me what you need in terms of specs and I'll be glad to help. I'll give 25% off per extra server. Give me an offer and I'll try to help you out