If everyone is a masternode, what makes them special? Isn't this just a regular staking coin now?
Well the idea is to interest folks in buying the coins for collateral to keep the price up. In the "normal" staking scenarios that I have seen and been involved with the PoW is MUCH higher causing folks to get coins easily and therefore no need to buy them from an exchange. Those coins don't last long.
I am just trying something different that's all. Hope you guys enjoy it or at least try it lol.
And yes I did do that. I ran Masternodes on test servers for about 3 weeks to ensure everything was cool. I hate getting into a damn new coin and the MN's wont even work. And a surprisingly large amount of them DON'T.
I will be afk now for a while but will answer all questions and stuff when I get back
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN] NodesForAll - A MasterNodes Based X11 PoW / PoS Crypto ICO STARTED
by
NodesForAll
on 24/09/2015, 19:25:26 UTC
I understand that. But you will have to trust me lol. Why would I spend months building and testing to let it burn out fast? But i get that comment. Lotta bad devs out there.
Your honesty doesn't offend me.
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BoardAnnouncements (Altcoins)
Re: [ANN] NodesForAll - A MasterNodes Based X11 PoW / PoS Crypto ICO STARTED
by
NodesForAll
on 24/09/2015, 19:18:11 UTC
Me. I'll keep it all going.
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN] NodesForAll - A MasterNodes Based X11 PoW / PoS Crypto ICO STARTED
100% of the stake rewards to to the masternodes? good luck getting anyone to willing stake this.
No one ever uses MN's due to the fact that the rewards are always split unfairly and usually the collateral is ridiculously high. It doesn't get any more fair then this! Maybe it's not for you, but I hope others will enjoy something a little different.
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BoardAnnouncements (Altcoins)
Re: [ANN] NodesForAll - A MasterNodes Based X11 PoW / PoS Crypto ICO STARTED
by
NodesForAll
on 24/09/2015, 19:02:27 UTC
The rewards are for PoW miners and those that hold 1000 collateral in their MN/s. So rewards for all!
Obviously the more nodes you have the more you earn.
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN] NodesForAll - A MasterNodes Based X11 PoW / PoS Crypto ICO STARTED
by
NodesForAll
on 24/09/2015, 18:56:18 UTC
Reserved...
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BoardAnnouncements (Altcoins)
Topic OP
[ANN] NodesForAll - A MasterNodes Based X11 PoW / PoS LIVE
by
NodesForAll
on 24/09/2015, 18:48:03 UTC
Finally a coin with masternodes for everyone! A unique coin built on the idea that masternodes shouldn't just be for those with tons of coins. NodesForAll masternodes are only 1000 NODES collateral ! NodesForAll masternodes receive 100% of the network stake ! ICO has ended
Are you tired of masternodes costing 10's or even 100's of thousands of coins? Are you tired of masternodes not working? Then this coin is for you and everyone !
Thoroughly tested for weeks with dozens of nodes running. Can't run masternodes on your pc? No worries! NodesForAll also has a PoW phase for miners.
Here's the Specs - X-11 100,000 PoW Blocks @ 90 Seconds PoS begins right away at block 200 NODES MN Collateral 1000 NODES (Exactly) / MN PoW Earns 8 NODES per Block Beginning Block 201 PoS Earns 10 NODES IMPORTANT - 100% Goes to MN's Min Stake Age is 6 Hours Seed Nodes are Built Into Code NodesForAll uses libsecp256k1
Looking for pool ops! (That know how to compile libsecp256k1 coins) PM me to get added. Source released after ICO complete.
The masternodes get 100% of the network stake rewards
How to Setup a NodesForAll Node :
Start your NodesForAll wallet
Go to Help>Debug>Console type the following and hit Enter (Alias is name of your node address): Code: getaccountaddress Alias
Send exactly 1000 NODES in 1 single transaction to that address
Go to Help>Debug>Console type the following and hit Enter: Code: masternode genkey
Copy the result and place that in the NodesForAll.conf file below:
Code: rpcallowip=127.0.0.1 rpcuser=REPLACEME rpcpassword=REPLACEME rpcport=Any Port server=1 daemon=1 listen=1 staking=0 port=Any Port2 masternodeaddr=YOUR_EXTERNAL_IP:Any Port2 masternode=1 masternodeprivkey=KEY GENERATED BY COMMAND masternode genkey Any Port2 must be open.
Wait for 15 confirms before running the below command ( I like to wait for 16) Restart your wallet and go back to Help>Debug>Console Type the following and hit enter: Code: masternode start
How to Run More than one NodesForAll Node instance on the same PC:
1- Make a new folder ((Example: Masternodes) 2- inside masternodes folder, make N number of new folders and name them for example mn1 , mn2 ..etc ( N= number of nodes you want to run) 3- go back to masternodes folder and place N number of NodesForAll.exe copies and name them mn1.exe mn2.exe ..etc 4- on the same masternode folder, make new N number of RunMN1.bat files and paste the following: Code: mn1.exe -datadir=path_to_mn1_folder * make sure to change mn1.exe and path for every .bat file 5- Start each RunMN1.bat, RunMN2.bat ..etc and follow "How to Setup a NodesForAll Node" on top * each node must have different ports on NodesForAll.conf file
I will be online and in YoBit chat during launch to help anyone that needs it.
Please be aware that it is possible for some minor normal staking to occur while everyone gets their nodes running. Once 3 or more nodes are online 100% of staking goes to MN's