Topic: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10 - page 274. (Read 241263 times)

Thanks all!

We launched a wallet at https://neotracker.io/wallet. It includes support for Keystore files which locally encrypts your private key and allows you to unlock your wallet with a password rather than your private key, printing paper wallets, claiming GAS and sending NEO/GAS. An external developer audited the code and confirmed it's safe for use: https://www.reddit.com/r/NEO/comments/6uentc/neotrackerio_wallet_code_audit/. Try it out and let us know what you think!

The block creation time currently takes longer than 15 seconds. This means that at the moment less GAS is being created per NEO. From what I understand this has to do with the volume on the blockchain, so that no empty blocks are being created and thus that as the volume on the NEO blockchain picks up, the GAS generation also should pick up speed. Perhaps the GAS price is higher now than it otherwise would have been in case more GAS would have been created, so that should somewhat compensate I suppose.

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1) GAS is allocated to NEO held in an address, so as long as the blockchain knows there are NEO located at a certain address, then GAS will be generated in that address. I myself store my wallet offline and practically never login and I just use my public address at https://neotogas.com/?p=balance to check my balance and thereby minimize security risks. My wallet keeps generating GAS just fine.
2) There are currently 3 GAS exchanges: https://coinmarketcap.com/assets/gas/#markets

got 2 questions:

1.) will gas gain daily even if the wallet is offline? /aka cold storage. I know most POS requires staking weight to validate the xsfers and gain a % of the xsfer fees in order to gain more coins.

2.) i know there is 1 exchange now that allows trading the neo's gas but is there any more exchanges out there /bittrex?

Thanks

Icon

It worked

In my real world experience, I find I am getting about 0.30 GAS per 1000 NEO per day. It is important to make sure your wallet fully syncs up to the network for your GAS total for the day.

Query-My understanding was that for every 1000 NEO one would earn approximately .44 NEO Gas/day.  Based on my experience I seem to be earning something much less than that (i.e.,  approximately .22 NEO Gas/day).  Anyone have a similar calculation on their gas/day?  Thanks in advance.

In two months time NEO will most likely be trading at $100 and that estimate might still be conservative as that time frame should coincide with new major developments. We are nowhere near the maximum potential of NEO. NEO has the longterm potential to become a $100 billion company. Even after so many days without real news, NEO is still in the top five position in terms of volume. That says a lot. The real value of blockchain is the very concept of the smart economy and NEO is positioned to be the unrivaled leader in that field. Bitcoin will not stay in its position as leader. Nations will put their currencies on the blockchain to enhance trust which will further be secured by asset backing. Bitcoin only has energy waste backing as opposed to gold backing, silver backing, oil backing or backing by another asset of real value. The asset backing of currencies destroys the monopoly position on the creation of money of central banks meaning that central banks will become irrelevant. With that event Bitcoin and other cryptocurrencies which offer nothing but the pretense of being money will become irrelevant as long as they can offer no more than their anti-central banking stance without offering anything of real relevance. NEO and Ethereum are not one of those. Nevertheless Bitcoin laid the foundation for systems that can guarantee decentralised trust which will over time inhibit 99% of all financial fraud globally. Mark my words. It will come to pass.

We will see the next pump when we have a few (successful) ICO's.

This workaround can be used:
https://www.youtube.com/watch?v=4Tzv_wCX0Zw

Files can be download from here:
https://neo.org/download

In order to synchronize the blockchain quickly:
https://www.reddit.com/r/Antshares/comments/6ilkh9/how_to_speed_up_syncing_with_the_ant_shares_wallet/

Hopefully it'll work from the desktop wallet

I have the same problem and nothing works... Any idea?

true, also are you guys not seeing that a price is not a random occurance, neo will replace or atleast heavily compete eth, neo has its FIRST ico soon, much much more 2 come...

dont forget ethereum has almost the same pump in march than ethereum was ~ 1 month at almost same price before the next pump came.
expect from neo the same 

My point is clear that NEO has reached at its maximum value what it could be worth ever maximum. Once these speculations will be over market will enter in serious correction which is still to come in future. It will remain among top markets for sometimes. I personally am staying away at this moment and just watching like observer as things are not very clear even at this moment.

rly? u mean nice work of pump&dump bot? looks like free 50kk coins will make dev team rich chinese boyz in 1 weekend )

This was nice warm up moves in NEO's market for last few hours. My opinion is we have to wait a little bit to finish the pump of BCash and then money will flow from there into this market. We will be witnessing other all time high. There are very good news and updates coming out which will work like fuel to take it more higher.

Keep the articles coming i love to read up on those

Thanks for the sum up. I love all ongoing Development

https://www.reddit.com/r/NEO/comments/6ugtfk/daily_discussion_august_19th_2017/


Today:
   Blockchain X Series - NEO example applications
   Time: 14:00 - 17:30 (GMT+8)
   Location: INNOSPACE+
   source: http://www.huodongxing.com/event/9400722675600

August 20th:
   NEO and Microsoft Azure host a blockchain programming training in Shanghai
   Time: 13:30 - 18:30 (GMT+8)
   Location: INNOSPACE+
   source: http://www.huodongxing.com/event/9400717570900

August 23th:
   INNOxNEO Blockchain Open Nights: 2nd Meeting
   Time: 19:00 - 21:00 (GMT+8)
   Location: INNOSPACE+
   source: http://www.huodongxing.com/event/7401149859500

August 24th:
   NEO Meetup in Taipei https://www.meetup.com/NEOtaipei/

This could be interesting