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  • (01. January 2010., 10:27:49)









Author Topic: [ANN] [$NHZ] Long, Fair Distribution | Decentralized Marketplace | Trust system  (Read 2312 times)

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devnullius

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FROM: https://bitcointalk.org/index.php?topic=823785.0;all





Basics


  • Second generation coin (fork of NXT)
  • Forging
  • 100% proof of stake
  • Instant transactions
  • Total of 1.000.000.000 NHZ
  • Block time ~2 minutes
  • Routable through tor
  • Encrypted messaging
  • 10% dividends to stakeholders


Info


NHZ Development Roadmap and direction PDF: https://www.dropbox.com/s/tqjz3k5d39xlkf0/14-09-29%20NHZ%20Development%20Roadmap.pdf?dl=0

NHZ Team PDF: https://www.dropbox.com/s/fckmzm1l1tx1r13/14-09-25%20NHZ%20TEAM%20(5).pdf?dl=0

NHZ was created to to address the distribution problems of NXT and its clones. The IPO strategy always means that all coins are distributed right from the start, making the initial owners earn money on the cost of the later adopters. The coin is used for speculation only, and anyone interested in stability always has to fear that one of the big initial stakeholders wants to take his profits.

We think that distribution of a coin should be done over a longer period of time and to more people to avoid being dragged into pump and dump schemes. Because of that, the coins will be distributed by the core developers over a period of approximately 2-3 years. There are several types of bounties through which everyone who invests a bit of time or money can get some NHZ.

Anyone who contributes with skills like marketing, coding, or whatever else can be of use can claim a bounty for his work. We will always try to find ways to get smaller amounts into the hands of new users.

The static node bounty system loosely connects the price of NHZ to fiat currencies, while the other bounties help us growing.

The majority of undistributed funds is in escrow at poloniex. More details about the running distribution can be found on the block explorer.

Besides distribution we know how important real life usability is for long-time success. Because of that we will keep a focus on the development of applications targeting users outside of crypto(-currency)space.

We encourage everyone who believes in the power of cryptos to change everyone's future to join us trying to make it a reality!




Proof of Stake

NHZ is a 100% Proof of Stake coin, there's no mining to secure the blockchain. Instead, every running node can take part in the process of forging blocks without the need for distinct hardware. The share in forged blocks depends on the balance of the forging account. The one who forges a block receives all included transaction fees.

Besides making NHZ as eco-friendly as it could be, it's also providing immunity to the main problem of Bitcoin, the centralization of hashing power.




Bounties

List of available bounties





Setting up a node

The reward structure for a node is 1,000,000 NHZ / # of active nodes which is paid once every 24 hours on our automatic Server Bounty System (bounty will be sent to account id which the hallmark includes)

Guide for setting up a hallmark (Linux and Windows - if you just want to install the client because you don't have a static ip, skip the hallmark parts of it) : http://files.nhzcrypto.org/docs/hallmark.pdf (chinese, german)

Please check if everything is set up correct here after running it for a while!




Asset Exchange

Create, trade and transfer virtual assets on the NHZ Asset Exchange.

You can currently trade PTS on it, LTS and other bitshares affiliates will follow.
Everyone is free to create his own virtual assets and offer them under terms and conditions of his choice. Please respect your local legislation!



New features

  • UPNP support. This enables autoconfiguration of firewall services for the NHZ node behind a broadband router.
  • Localized GUI
  • Thin client





Planned features

  • Anonymization of p2p nodes via tor or/and i2p (still to be worked out - should be shipped ready to run)
  • Betting system
  • Usage of aliases within the NRS client.





Exchanges


Voting:




Download now!

You can download it here (current: V3.2.1)






Infographic:


Screenshots:






your NHZ-Core Team
More information about bitcoin, altcoin & crypto in general? GO TO  j.gs/7385484/btc

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