Post
Topic
Board Announcements (Altcoins)
Re: NEM Official Thread - Beta is here/Phase 2 Redemption begins[Updates&Discussion]
by
dbgirl
on 16/11/2014, 03:01:24 UTC
I have been running the Nem software successfully for a while now, and wondered - what does the 'Remote Harvesting' do?

  • Harvesting itself requires your private key (obviously, to sign blocks)
  • We wanted a way to harvest on a remote node in a secure manner
  • (cpt. obvious mode) It would be quite unwise to send your key to some third party :>
  • In order to do that (harvest on some remote node) you must "activate remote harvesting"
  • Then you can setup some remote node in settings, and start remote harvesting on that node (ofc most public nodes won't let you do that)

Between 4 and 5 you need to wait for 1440 blocks before it will become active.

There's also great technical analysis made by rigel: https://forum.nemcoin.com/index.php?topic=2652.msg8904#msg8904

I seriously think that "remote harvesting" should be renamed "proxy harvesting" or "phantom harvesting". That is a more correct description. You are actually using a phantom or a proxy account to harvest. You are not doing it from "remote"

I like the name Proxy Harvesting.