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Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 397. (Read 941425 times)

hero member
Activity: 490
Merit: 504
Payexpo, not Cebexpo Cheesy
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com

Can't access this page.


We spent 4500 NXT for 1 flight ticket and 650,000 for the conf fee.


The vienna conference fee was 30000 USD? Im cunfused!
hero member
Activity: 490
Merit: 504
Payexpo funds

4500 NXT for Lawyer's flight were sent:
https://docs.google.com/spreadsheets/d/1tKxOuraDKfwHbuGbCJHrs8CStJFHGaYPTxlLsxw0gnI/edit#gid=0

We spent 4500 NXT for 1 flight ticket and 650,000 for the conf fee.

The funds are now divided:

Basic fund:
NXT-XTC5-4XZC-BZ5D-4WRKY
340668734599219
Treasurer: Salsacz
Raised: 708,000 NXT
Remaining: 53,531 NXT

Cointropolis fund: expenses for 2 speakers from USA
NXT-85TZ-6NEN-HQZH-E8UMW
Raised: 214285 NXT (200k Intmain + 14,2K NiftyNikel)
Treasurer: NiftyNikel
spent/expenses: info here: https://nxtforum.org/payexpo-(london-june-11-12-2014)/logistics-plane-taxi-room-and-board/msg29107/#msg29107

Funding for Intmain's 200k donation to Cointropolis:
Info: If I could get some of that back from a larger stakeholder it would be greatly appreciated.
Intmain's acc:
NXT-SQSZ-XNXL-62GV-6ECAN
5341635214821841695
Treasurer: Intmain
Raised: 2000 NXT

Asset Exchange crowdfunding:
Prypto Cards
Asset Name: NXTTXTFund
Account: NXT-UNDA-EHYP-ES2G-D7CRS
Asset Id:  15354079498364983892
Treasurer: TxtCoinsNow

Info:
Quote
As joint effort between NXT and TXT To cover ongoing expenses and to avoid the stress of donations of NXTer’s the Logical choice is to monetize Conference’s. Prypto Cards Prypto cards for NXT Coin by attending Conferences we can easily sell small amounts of NXT Prypto scratch cards Small revenue of a few % but this can soon grow by attracting local resellers. CCC mark. CCC Mark would be based on Reseller Ratings provides a comprehensive tools package designed to help convey trust and influence shoppers to buy. “Above is simply 2 examples to be used” Any funds raised at conventions will be 1st allocated refill the conference budget and surplus funds to be redistributed to funders Disclaimer” we do not promise any returns are guaranteed also warning this is of your own risk”

Other community funding:
Reskinning apps: https://nxtforum.org/general-discussion/london-android/msg32346/#msg32346 (currently just pledging mode)
hero member
Activity: 600
Merit: 500
Nxt-kit developer
Thank you, that's very interesting! Can you tell me a serious VPS provider?

Monitor http://directspace.net/webhosting/vps/inventory.php for DSVPS.1 because now it is out of stock. I use them.
Also you can check periodically http://lowendbox.com/ http://lowendstock.com/ http://poiskvps.ru/
sr. member
Activity: 336
Merit: 260
Thank you, that's very interesting! Can you tell me a serious VPS provider?

Really hard to choose someone in particular,

here is a useful link for you, both linux and windows VPSs:

www.webhostingtalk.com/forumdisplay.php?f=104
legendary
Activity: 930
Merit: 1010
Cheap VPS?

sorry for my ignorance

Yes, you will need a host that will run your NXT software instead of your own computer. VPS is a virtual private server, they can be rented for $5-10/month, and you can run NXT on it and access it with a browser from anywhere in the world.

Thank you, that's very interesting! Can you tell me a serious VPS provider?

A lot of people use Amazon I think.
newbie
Activity: 48
Merit: 0
Cheap VPS?

sorry for my ignorance

Yes, you will need a host that will run your NXT software instead of your own computer. VPS is a virtual private server, they can be rented for $5-10/month, and you can run NXT on it and access it with a browser from anywhere in the world.

Thank you, that's very interesting! Can you tell me a serious VPS provider?
sr. member
Activity: 336
Merit: 260
Cheap VPS?

sorry for my ignorance

Yes, you will need a host that will run your NXT software instead of your own computer. VPS is a virtual private server, they can be rented for $5-10/month, and you can run NXT on it and access it with a browser from anywhere in the world.

But if you don't want to go thru all that hassle, really just lease your balance to a forging pool, and the pool will do the forging and send you your forged shares.
newbie
Activity: 48
Merit: 0
Thank you for all the replys!

at work I can not install the next client! Is there a possibility for forging anyway? Online Wallet?

It's a little more complicated but doable in a safe way.

Here is how you can do it safely:

Suppose you have all your NXTs in account A.
Create an account B.
Send 2-3 NXTs from account A to account B.
Get yourself a cheap VPS.
Install NXT on this VPS and run it with a SSL option.
From your home PC lease forging balance from account A to account B.
Log in to your NXT running on a VPS over https:// with the password from account B.
Then simply close the browser, it will keep forging with your leased balance from account A.
That way you don't need to send your password from account A over internet, even though it's a SSL connection and should be ok.

Or better do what achimsmile said above, it's easier that way Smiley


Cheap VPS?

sorry for my ignorance
newbie
Activity: 48
Merit: 0
Sorry  5,1 NXT per block  Huh Huh

When there are more transactions in the network and 1 NXT costs more, it might be profitable. Under 2 conditions: 1) you buy as many cheap NXTs now as you can to increase your chances; 2) you keep your NXT running and forging. Think of investing into NXT as buying hardware for Bitcoin mining if you like Smiley Even if you don't buy many NXTs, you still can get lucky, you don't need to run anything else, but your computer, which you run anyway. All you need is a browser. When you switch it off, you switch it off, when you switch it on, start forging and maybe you get lucky. You can also lease your NXTs to a pool and get steady little profits.


Thank you for all the replys!

at work I can not install the next client! Is there a possibility for forging anyway? Online Wallet?

The only online wallet currently available doesn't currently support forging.

Can you not just leave your wallet open and running on your home machine?


no, I can not install any programs! Is there any possibility?
sr. member
Activity: 336
Merit: 260
Thank you for all the replys!

at work I can not install the next client! Is there a possibility for forging anyway? Online Wallet?

It's a little more complicated but doable in a safe way.

Here is how you can do it safely:

Suppose you have all your NXTs in account A.
Create an account B.
Send 2-3 NXTs from account A to account B.
Get yourself a cheap VPS.
Install NXT on this VPS and run it with a SSL option.
From your home PC lease forging balance from account A to account B.
Log in to your NXT running on a VPS over https:// with the password from account B.
Then simply close the browser, it will keep forging with your leased balance from account A.
That way you don't need to send your password from account A over internet, even though it's a SSL connection and should be ok.

Or better do what achimsmile said above, it's easier that way Smiley
legendary
Activity: 1225
Merit: 1000
Sorry  5,1 NXT per block  Huh Huh

When there are more transactions in the network and 1 NXT costs more, it might be profitable. Under 2 conditions: 1) you buy as many cheap NXTs now as you can to increase your chances; 2) you keep your NXT running and forging. Think of investing into NXT as buying hardware for Bitcoin mining if you like Smiley Even if you don't buy many NXTs, you still can get lucky, you don't need to run anything else, but your computer, which you run anyway. All you need is a browser. When you switch it off, you switch it off, when you switch it on, start forging and maybe you get lucky. You can also lease your NXTs to a pool and get steady little profits.


Thank you for all the replys!

at work I can not install the next client! Is there a possibility for forging anyway? Online Wallet?

Yes, there's something called leased forging. You can lease your account balance to a forging pool for a fixed period of  time, and get a share of the pools earnings.

The pool can't do anything with your funds, they're still safe.

Take for example this pool: https://nxtforum.org/general-discussion/nxtcrypto-org-leased-forging-pool-only-fees-are-1nxt-to-withdraw/
legendary
Activity: 1736
Merit: 1001
Sorry  5,1 NXT per block  Huh Huh

When there are more transactions in the network and 1 NXT costs more, it might be profitable. Under 2 conditions: 1) you buy as many cheap NXTs now as you can to increase your chances; 2) you keep your NXT running and forging. Think of investing into NXT as buying hardware for Bitcoin mining if you like Smiley Even if you don't buy many NXTs, you still can get lucky, you don't need to run anything else, but your computer, which you run anyway. All you need is a browser. When you switch it off, you switch it off, when you switch it on, start forging and maybe you get lucky. You can also lease your NXTs to a pool and get steady little profits.


Thank you for all the replys!

at work I can not install the next client! Is there a possibility for forging anyway? Online Wallet?

The only online wallet currently available doesn't currently support forging.

Can you not just leave your wallet open and running on your home machine?
newbie
Activity: 48
Merit: 0
Sorry  5,1 NXT per block  Huh Huh

When there are more transactions in the network and 1 NXT costs more, it might be profitable. Under 2 conditions: 1) you buy as many cheap NXTs now as you can to increase your chances; 2) you keep your NXT running and forging. Think of investing into NXT as buying hardware for Bitcoin mining if you like Smiley Even if you don't buy many NXTs, you still can get lucky, you don't need to run anything else, but your computer, which you run anyway. All you need is a browser. When you switch it off, you switch it off, when you switch it on, start forging and maybe you get lucky. You can also lease your NXTs to a pool and get steady little profits.


Thank you for all the replies!

at work I can not install the next client! Is there a possibility for forging anyway? Online Wallet?
sr. member
Activity: 336
Merit: 260
Sorry  5,1 NXT per block  Huh Huh

When there are more transactions in the network and 1 NXT costs more, it might be profitable. Under 2 conditions: 1) you buy as many cheap NXTs now as you can to increase your chances; 2) you keep your NXT running and forging. Think of investing into NXT as buying hardware for Bitcoin mining if you like Smiley Even if you don't buy many NXTs, you still can get lucky, you don't need to run anything else, but your computer, which you run anyway. All you need is a browser. When you switch it off, you switch it off, when you switch it on, start forging and maybe you get lucky. You can also lease your NXTs to a pool and get steady little profits.
hero member
Activity: 1680
Merit: 506
Trphy.io
5,1 average fee per block

Stop thinking forging will make you rich


Sorry  5,1 NXT per block  Huh Huh

I have heard that some blocks included 5000 NXT! Is that wrong?



That's why I said on AVERAGE


some will have 1000 nxt from a new asset, but a lot of blocks also have 0 fees.

Keep in mind for every block forged you get a Security Coin (NSC) worth 11 NXT

NSC are paid out on a weekly basis
hero member
Activity: 1680
Merit: 506
Trphy.io
5,1 average fee per block

Stop thinking forging will make you rich


Sorry  5,1 NXT per block  Huh Huh

Actually it is 5,43 NXT fee per block on average
newbie
Activity: 48
Merit: 0
5,1 average fee per block

Stop thinking forging will make you rich




Sorry  5,1 NXT per block  Huh Huh

I have heard that some blocks included 5000 NXT! Is that wrong?
newbie
Activity: 48
Merit: 0
5,1 average fee per block

Stop thinking forging will make you rich


Sorry  5,1 NXT per block  Huh Huh
legendary
Activity: 1225
Merit: 1000
Think of it like a lottery. Each block is a win. Each time there's a small chance that you are the generator of the block, IF your client is connected to the network.

When you turn your pc off, you won't generate any blocks, as soon as you turn it on again, you'll have the same chance to forge the next block as before.

Most blocks contain 0-10 Nxt.
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