| Nxt | Blockchain Platform | Proof of Stake | Official - page 167.

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: EvilDave on January 12, 2016, 08:31:02 PM

@RealBitcoin:

If you lease, forging is completely 'fire and forget' for the leasing period. No need for a running node or open client once you've set it up.

There are a few pools around, I run a forging node with a few leased balances, but all that income gets used for Nxt stuff, mostly to faucet top-ups, so leasing to me is really donating your forging power and income.

Check out ForkedChains pool, they actually make regular payouts of your forging income from leasing:
https://nxtforum.org/leasing-pools/nxtcrypto-org-leased-forging-pool-only-fees-are-1nxt-to-withdraw/

and there's a couple of others, but I'm too lazy to search. Off to my bed...... Wink

It's really cool, if NXT comes mainstream , forging can serve as a interest bearing deposit account

habraken

sr. member

Activity: 251

Merit: 250

Quote from: tyz on January 13, 2016, 01:56:59 PM

Any explanation why the price pumped up that much? Just curious! Is it because the new 1.7.4 release?

Some Chinese spinning a bottle?

tyz

legendary

Activity: 3360

Merit: 1533

Any explanation why the price pumped up that much? Just curious! Is it because the new 1.7.4 release?

tylerderden

copper member

Activity: 1162

Merit: 1025

Quote from: HCLivess on January 13, 2016, 08:14:29 AM

Quote from: tylerderden on January 13, 2016, 01:17:01 AM

whats up everybody, im new to nxt been in crypto forever and have been watching, finally gonna invest a little. so a few questions, i downlaoded the client, it looks like an online wallet? is there a regular wallet or am i on the right track? thanks in advance and good luck to everybody in this new year where we all show this world how we roll in crypto lol

did you just push the price up to 2k? Cheesy

Possibry; )

HCLivess

legendary

Activity: 2114

Merit: 1090

=== NODE IS OK! ==

Quote from: tylerderden on January 13, 2016, 01:17:01 AM

whats up everybody, im new to nxt been in crypto forever and have been watching, finally gonna invest a little. so a few questions, i downlaoded the client, it looks like an online wallet? is there a regular wallet or am i on the right track? thanks in advance and good luck to everybody in this new year where we all show this world how we roll in crypto lol

did you just push the price up to 2k? Cheesy

tylerderden

copper member

Activity: 1162

Merit: 1025

Thanks man much appreciated!

habraken

sr. member

Activity: 251

Merit: 250

Quote from: tylerderden on January 13, 2016, 01:17:01 AM

whats up everybody, im new to nxt been in crypto forever and have been watching, finally gonna invest a little. so a few questions, i downlaoded the client, it looks like an online wallet? is there a regular wallet or am i on the right track? thanks in advance and good luck to everybody in this new year where we all show this world how we roll in crypto lol

There's no wallet.dat file or something like that, no private keys stored on your computer, no files to backup to usb sticks. It's just a 'brain wallet' where you remember (or use a password manager) your completely random passphrase (don't use song lyrics!). So yes, the wallet (NRS) is a local server running in the background, and you log in at http://localhost:7876/index.html to access it.
There's also a way to use NRS on an offline computer to create and sign transactions. Then use an Android app to scan a QR code on that computer to transmit the transaction to the network. I never used it, more info at https://nxtforum.org/general-discussion/unveiling-the-new-nxtvault-secure-account-management-for-android-devices!-beta/
Be sure to test your passphrase a couple of times and see if you get access to the exact same NXT-account/address before you deposit any funds on it. Since every passphrase, even those with 'typos', opens a corresponding NXT-account.
Check out https://nxtforum.org/nxt-helpdesk/ as well.

tylerderden

copper member

Activity: 1162

Merit: 1025

whats up everybody, im new to nxt been in crypto forever and have been watching, finally gonna invest a little. so a few questions, i downlaoded the client, it looks like an online wallet? is there a regular wallet or am i on the right track? thanks in advance and good luck to everybody in this new year where we all show this world how we roll in crypto lol

Hachoir

member

Activity: 107

Merit: 10

Quote from: JohnnyBTCSeed on January 12, 2016, 11:33:20 AM

I'd like to babble on about an idea to increase nxt usage towards the mainstream.

The reward economy.

This particular idea is NXTercise

NXTercise combines a fit tracker with NXT, and rewards you with some form of token on the NXT platform.

Possible uses.
1. A Mom and dad could load some value on the fit tracker that releases(rewards) the (out-of-shape) user(kid) once x amount of exercise preformed.

2. Coming soon, or you make one up. Wink

This idea is credited to my inlaws who since christmas have gotten a fit tracker. And have performed extra movements, such as extra stairs because it rewarded them with some type of point. This point made them happy enough to do more stairs. Lol ok, humans like to be rewarded for easy behavior.

Tldr. Mainstream needs a reward economy, even if it is only symbolic.

No, this is wrong and a stupid idea.

EvilDave

hero member

Activity: 854

Merit: 1001

@RealBitcoin:

If you lease, forging is completely 'fire and forget' for the leasing period. No need for a running node or open client once you've set it up.

There are a few pools around, I run a forging node with a few leased balances, but all that income gets used for Nxt stuff, mostly to faucet top-ups, so leasing to me is really donating your forging power and income.

Check out ForkedChains pool, they actually make regular payouts of your forging income from leasing:
https://nxtforum.org/leasing-pools/nxtcrypto-org-leased-forging-pool-only-fees-are-1nxt-to-withdraw/

and there's a couple of others, but I'm too lazy to search. Off to my bed...... Wink

francism

sr. member

Activity: 444

Merit: 250

Quote from: JohnnyBTCSeed on January 12, 2016, 11:33:20 AM

I'd like to babble on about an idea to increase nxt usage towards the mainstream.

The reward economy.

This particular idea is NXTercise

NXTercise combines a fit tracker with NXT, and rewards you with some form of token on the NXT platform.

Possible uses.
1. A Mom and dad could load some value on the fit tracker that releases(rewards) the (out-of-shape) user(kid) once x amount of exercise preformed.

2. Coming soon, or you make one up. Wink

This idea is credited to my inlaws who since christmas have gotten a fit tracker. And have performed extra movements, such as extra stairs because it rewarded them with some type of point. This point made them happy enough to do more stairs. Lol ok, humans like to be rewarded for easy behavior.

Tldr. Mainstream needs a reward economy, even if it is only symbolic.

I like the idea, it's like a token economy that will help improve adult and children's behavior.

https://en.wikipedia.org/wiki/Token_economy#Tokens

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: EvilDave on January 12, 2016, 06:47:52 PM

Quote from: ?? on ??

At what amount of coins do we bother solo forging and if not at that point yet how does one pool forge?

Good question. Forging needs to be always-on, and with anything less than 50-100,000 NXT you won't see much action.
In order to "pool" your forging power, simply lease your balance to another Nxt account, here's the interface:

(sorry about the crappy GIMP work)

Log in, click on account info, chose the leasing interface.
To find a forging pool, have a look on ww.nxtforum.org.
DOn't expect to get rich on Nxt forging, btw, return is around 1-2% per year, regardless of how big or small your balance is.
But it is good to support the network, so get forging in some way.

If you have any sort of always-on computer, Nxt will probably run on it, if you wish to run your own Nxt node.
RaspPi2 and CubieTrucks are a popular option for stand-alone Nxt forging nodes, if you like.

If I lease out my balance, do I need to keep client on always, or that does the forging without being online?

Do you know any forging pools that I can join?

EvilDave

hero member

Activity: 854

Merit: 1001

Quote from: ?? on ??

At what amount of coins do we bother solo forging and if not at that point yet how does one pool forge?

Good question. Forging needs to be always-on, and with anything less than 50-100,000 NXT you won't see much action.
In order to "pool" your forging power, simply lease your balance to another Nxt account, here's the interface:

(sorry about the crappy GIMP work)

Log in, click on account info, chose the leasing interface.
To find a forging pool, have a look on www.nxtforum.org.
Don't expect to get rich on Nxt forging, btw, return is around 1-2% per year, regardless of how big or small your balance is.
But it is good to support the network, so get forging in some way.

If you have any sort of always-on computer, Nxt will probably run on it, if you wish to run your own Nxt node.
RaspPi2 and CubieTrucks are a popular option for stand-alone Nxt forging nodes, if you like.

JohnnyBTCSeed

hero member

Activity: 882

Merit: 1000

You sir are my hero for today.

And I am officially announcing my candidacy for my nearest local bus stop, wherever that may be.

Now what? How does nxt grant me these powers?

Quote from: habraken on January 12, 2016, 01:49:58 PM

Quote from: JohnnyBTCSeed on January 12, 2016, 11:33:20 AM

Tldr. Mainstream needs a reward economy, even if it is only symbolic.

Yep, gamification, badges, titles. Sharing your achievements to social media. Remember Foursquare? People wanting to be the mayor of a bus stop?

habraken

sr. member

Activity: 251

Merit: 250

Quote from: JohnnyBTCSeed on January 12, 2016, 11:33:20 AM

Tldr. Mainstream needs a reward economy, even if it is only symbolic.

Yep, gamification, badges, titles. Sharing your achievements to social media. Remember Foursquare? People wanting to be the mayor of a bus stop?

JohnnyBTCSeed

hero member

Activity: 882

Merit: 1000

I'd like to babble on about an idea to increase nxt usage towards the mainstream.

The reward economy.

This particular idea is NXTercise

NXTercise combines a fit tracker with NXT, and rewards you with some form of token on the NXT platform.

Possible uses.
1. A Mom and dad could load some value on the fit tracker that releases(rewards) the (out-of-shape) user(kid) once x amount of exercise preformed.

2. Coming soon, or you make one up. Wink

This idea is credited to my inlaws who since christmas have gotten a fit tracker. And have performed extra movements, such as extra stairs because it rewarded them with some type of point. This point made them happy enough to do more stairs. Lol ok, humans like to be rewarded for easy behavior.

Tldr. Mainstream needs a reward economy, even if it is only symbolic.

btcsharehub

sr. member

Activity: 455

Merit: 250

EarnBitcoins.INFO

Read The Review On NXT @ Allcryptocoins.net

http://www.allcryptocoins.net/2015/10/altcoin-review-nxt/

CryptKeeper

legendary

Activity: 2044

Merit: 1055

Yeah, version 1.7.4 is awesome!

Update now!

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Yes spread the word about NXT we need more users!

VanBreuk

sr. member

Activity: 460

Merit: 250

Thank you for the report, ED. Most third-party services are already prepared for the fork as far as I know, and personally I'm really liking the release even before most of the new features and improvements kick in.

This version is a very solid job, guys. Thanks to all.

Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 167. (Read 941285 times)