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5 Million NXT bounty for Nxt & Ardor Forgers
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Author Topic: 5 Million NXT bounty for Nxt & Ardor Forgers  (Read 121456 times)

gh

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #100 on: July 09, 2016, 03:51:22 pm »

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« Last Edit: February 05, 2017, 01:06:38 pm by gh »
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Nextshares

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #101 on: July 10, 2016, 03:06:18 pm »

Is that possible to give each user/account of exchange for e.g.50 NXT? That would increase ardor adoption instant.
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OutSL

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #102 on: July 10, 2016, 09:41:34 pm »



Nice project, lurker10. I'll help fund it :)

I was fooling around and coded this small lottery project, to reward nodes. I think I should later change it to send more coins to hallmarked nodes, but for now any node has the same chance. A random number of NXT coins will be sent hourly to a random node.

To participate in the lottery you must put your NXT address in the nxt.myPlatform property, into the nxt/conf/nxt.properties file.

nxt.myPlatform=NXT-XXXX-XXXX-XXXX-XXXXX

optionally increase the value of nxt.maxNumberOfInboundConnections to make your node more available to peers:
nxt.maxNumberOfInboundConnections=500

and restart your node.

NXT-8F28-EDVE-LPPX-HY4E7 is my address from where coins will be sent, don't put it in myPlatform property. I've funded it with a small amount. When it runs out, I hope a whale can contribute little amounts from time to time to keep this lottery going. My code is probably buggy somewhere, I'll try to make it as smooth as possible if it gets traction.

i think this is the best way for the distribution of the bounty... i did a simple calcule based on a prize of 10NXT fees included per block... this gived me ~347 distribution days!
lurker10 system don't give always 10NXT... that mean, distribution days may be 500 or more and may cover both platforms when you overlay this timeframe on the http://nxt.org/roadmap/

@lurker10: just a suggestion... you have to find a way to exclude the winner for X times from the lottery where X is the number of the participating nodes... 1 chance / X nodes...

Thank you all and @++
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NXT ENTERPRISE

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #103 on: July 10, 2016, 10:39:07 pm »

Is that possible to give each user/account of exchange for e.g.50 NXT? That would increase ardor adoption instant.

Yes or they get 10 NXT then a day later 20 more then one week 30 NXT.

Then they are guided how to do a first spend on a product or assett..

Nothing worse than entering a coin and not able to use any features or explore or use it.

This would be a great boost up in retention rate.

But then how to stop people opening many many accounts?

There must be a proof of work.

Perhaps an option.

Promote Ardor on FB, Twitter, Youtube

Like us on FB get 10

Twit about Ardor get 20

Make a youtube video get 30

or maybe .1 and .2 and .3

with price moves up 
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gh

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #104 on: July 11, 2016, 06:08:52 am »

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« Last Edit: February 05, 2017, 03:12:36 pm by gh »
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zuqka

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #105 on: July 11, 2016, 06:10:02 am »

Please configure more nodes with nxt.myPlatform NXT address, we don't want just a few of them taking all the prizes :)
Got mine running and received first 2.70 Nxt.
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lurker10

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #106 on: July 11, 2016, 06:17:09 am »



Nice project, lurker10. I'll help fund it :)

I was fooling around and coded this small lottery project, to reward nodes. I think I should later change it to send more coins to hallmarked nodes, but for now any node has the same chance. A random number of NXT coins will be sent hourly to a random node.

To participate in the lottery you must put your NXT address in the nxt.myPlatform property, into the nxt/conf/nxt.properties file.

nxt.myPlatform=NXT-XXXX-XXXX-XXXX-XXXXX

optionally increase the value of nxt.maxNumberOfInboundConnections to make your node more available to peers:
nxt.maxNumberOfInboundConnections=500

and restart your node.

NXT-8F28-EDVE-LPPX-HY4E7 is my address from where coins will be sent, don't put it in myPlatform property. I've funded it with a small amount. When it runs out, I hope a whale can contribute little amounts from time to time to keep this lottery going. My code is probably buggy somewhere, I'll try to make it as smooth as possible if it gets traction.

i think this is the best way for the distribution of the bounty... i did a simple calcule based on a prize of 10NXT fees included per block... this gived me ~347 distribution days!
lurker10 system don't give always 10NXT... that mean, distribution days may be 500 or more and may cover both platforms when you overlay this timeframe on the http://nxt.org/roadmap/

@lurker10: just a suggestion... you have to find a way to exclude the winner for X times from the lottery where X is the number of the participating nodes... 1 chance / X nodes...

Thank you all and @++

While in the warm-up stage the prizes are random between 1 and 10 and a small bonus for a hallmark weight if it is > 0. As more nodes join the lottery, the upper boundary will be set higher in steps. The upper boundary limit will be adjusted to the daily average payout limit.

While there are few nodes in the lottery now, some of them can picked several times in a row, this will average out over longer timeframes and distributed over more nodes as they join so it will be as fair as possible. The primary goal of the lottery is to make this venture sort of coin mining for users who have computing resources and zero or very few coins and who would like to get coins by renting out their computer and traffic.
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Run a node - win a prize! "Lucky node" project jar: NXT-8F28-EDVE-LPPX-HY4E7

Pilot

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #107 on: July 11, 2016, 03:57:30 pm »

Cool! Does it have to be a public node to be a part of your lottery?

I get nodes with getPeers&active=true request, I believe it means they have to also be public nodes.

Quote from: OutSL
i saw in the nxtportal nodes page a lot of outdated versoins running in a lot nodes... will be excluded from the lottery ?

Outdated versions (< 1.7) are automatically blacklisted by NRS so they shouldn't have active=true status but I'll verify again.

Quote from: Tosch110
can you also extract account from hallmark if myPlatform is not set but hallmarked?

With api this should be simple: https://localhost:7876/test?requestType=decodeHallmark

and if you do both hallmarked node already have better (maybe twice) as much probability, because they have either 2 accounts or the same account twice in the lottery? :)

Yes I can extract accounts from hallmarks but don't know if I should. Hallmarked nodes receive NSC coin rewards.
There are several possibilities:
1) to only check myPlatform setting as it is now;
2) combine myPlatform and hallmark to give nodes hallmarked and myPlatformed with the same NXT account double odds to win.
3) check myPlatform and hallmark and if hallmark account is present in myPlatforms list, give it a small weight-adjusted bonus on top of the normal lottery reward for the effort.
Need suggestions :)

PS: some nodes that have added NXT address to myPlatform are not available, even though they have an open port, because "Maximum number of inbound connections exceeded". They should increase the setting nxt.maxNumberOfInboundConnections to be able to participate.

Are NSC now limited to hallmarked nodes? I never hallmarked my node and have received NSC. Perhaps that was before some change was made.
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lurker10

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #108 on: July 11, 2016, 03:59:27 pm »

Are NSC now limited to hallmarked nodes? I never hallmarked my node and have received NSC. Perhaps that was before some change was made.

They limited NSC to hallmarked nodes since months ago.
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Run a node - win a prize! "Lucky node" project jar: NXT-8F28-EDVE-LPPX-HY4E7

farl4bit

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #109 on: July 12, 2016, 09:41:33 am »

Are NSC now limited to hallmarked nodes? I never hallmarked my node and have received NSC. Perhaps that was before some change was made.

They limited NSC to hallmarked nodes since months ago.

Thanks to Lurker10 I have again a hallmarked node running. Cool!  :)
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cryptoknight

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #110 on: July 12, 2016, 11:23:36 am »

"Lucky Node" lottery.

I was fooling around and coded this small lottery project, to reward nodes. A random number of NXT coins will be sent every 2 hours to a random node.

To participate in the lottery you must put your NXT address in the nxt.myPlatform property, into the nxt/conf/nxt.properties file.

nxt.myPlatform=NXT-XXXX-XXXX-XXXX-XXXXX

optionally increase the value of nxt.maxNumberOfInboundConnections to make your node more available to peers and increase your odds:
nxt.maxNumberOfInboundConnections=500

again optionally hallmark your node to get extra bonus for weight>0 on top of lottery prize.

and finally restart your node for configuration changes to take effect.

NXT-8F28-EDVE-LPPX-HY4E7 is my address from where coins will be sent, don't put it in myPlatform property. I've funded it with a small amount. When it runs out, I hope a whale can contribute little amounts from time to time to keep this lottery going. My code is probably buggy somewhere, I'll try to make it as smooth as possible if it gets traction.

Thanks lurker10 for the great initiative :)

I currently have an empty nxt.properties file.
Besides setting these properties in the nxt.properties file:

nxt.myAddress=[my IP address]
nxt.myPlatform=NXT-xxxx-xxxx-xxxx-xxxxx

and the optional:

nxt.myHallmark=[the generated hallmark string]
nxt.maxNumberOfInboundConnections=500

are there other properties that I need to set?
Thanks!
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Ludom

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #111 on: July 12, 2016, 12:20:22 pm »

What should I do to have my node as Hallmarked node?
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cryptoknight

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #112 on: July 12, 2016, 12:39:10 pm »

What should I do to have my node as Hallmarked node?

I'm following http://wiki.nxtcrypto.org/wiki/How-To:CreateHallmark to create a hallmark node.
Can someone confirm?
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apenzl

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #113 on: July 12, 2016, 12:44:00 pm »

Is there a conclusion yet as to how the bounties will be distributed?
To forgers or node runners / hallmarked / archival nodes? Or all? Using lurker1's lottery or ... ?

Megadolon, could you summarise? :)

I'll write an article tonight + send a newsletter with this info, at best before the snapshots start - which is in only 2 days now, as I understand it.

And thanks! For the initiative and the 5M, this is absolutely awesome!

lurker10

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #114 on: July 12, 2016, 12:52:37 pm »

Thanks lurker10 for the great initiative :)

I currently have an empty nxt.properties file.
Besides setting these properties in the nxt.properties file:

nxt.myAddress=[my IP address]
nxt.myPlatform=NXT-xxxx-xxxx-xxxx-xxxxx

and the optional:

nxt.myHallmark=[the generated hallmark string]
nxt.maxNumberOfInboundConnections=500

are there other properties that I need to set?
Thanks!

For this lottery you don't need other properties.

You may need other properties for something else :)
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lurker10

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #115 on: July 12, 2016, 12:53:08 pm »

What should I do to have my node as Hallmarked node?

I'm following http://wiki.nxtcrypto.org/wiki/How-To:CreateHallmark to create a hallmark node.
Can someone confirm?

yeah, follow this link.
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Run a node - win a prize! "Lucky node" project jar: NXT-8F28-EDVE-LPPX-HY4E7

cryptoknight

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #116 on: July 12, 2016, 01:28:25 pm »

Thanks lurker10 for the great initiative :)

I currently have an empty nxt.properties file.
Besides setting these properties in the nxt.properties file:

nxt.myAddress=[my IP address]
nxt.myPlatform=NXT-xxxx-xxxx-xxxx-xxxxx

and the optional:

nxt.myHallmark=[the generated hallmark string]
nxt.maxNumberOfInboundConnections=500

are there other properties that I need to set?
Thanks!

For this lottery you don't need other properties.

You may need other properties for something else :)
Thanks! :)
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OrgiOrg

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #117 on: July 12, 2016, 06:21:53 pm »

"Lucky Node" lottery.

I was fooling around and coded this small lottery project, to reward nodes. A random number of NXT coins will be sent every 2 hours to a random node.

To participate in the lottery you must put your NXT address in the nxt.myPlatform property, into the nxt/conf/nxt.properties file.

nxt.myPlatform=NXT-XXXX-XXXX-XXXX-XXXXX

optionally increase the value of nxt.maxNumberOfInboundConnections to make your node more available to peers and increase your odds:
nxt.maxNumberOfInboundConnections=500

again optionally hallmark your node to get extra bonus for weight>0 on top of lottery prize.

and finally restart your node for configuration changes to take effect.

NXT-8F28-EDVE-LPPX-HY4E7 is my address from where coins will be sent, don't put it in myPlatform property. I've funded it with a small amount. When it runs out, I hope a whale can contribute little amounts from time to time to keep this lottery going. My code is probably buggy somewhere, I'll try to make it as smooth as possible if it gets traction.

great lurker!!! is there a possibility to check if my configuration is the right one?
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lurker10

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #118 on: July 12, 2016, 06:27:49 pm »

great lurker!!! is there a possibility to check if my configuration is the right one?

Do you see your node in https://nxtportal.org/peers ? and do you see your account ID in the platform column? Then it's the right one :) The maxinbound setting will help you be more visible on the network, it'll sometimes help to not be locked out of the lottery.
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Megalodon

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #119 on: July 12, 2016, 07:11:08 pm »

Is there a conclusion yet as to how the bounties will be distributed?
To forgers or node runners / hallmarked / archival nodes? Or all? Using lurker1's lottery or ... ?

Megadolon, could you summarise? :)

I'll write an article tonight + send a newsletter with this info, at best before the snapshots start - which is in only 2 days now, as I understand it.

And thanks! For the initiative and the 5M, this is absolutely awesome!


Thanks Apenzi for writing about this. Here's my summary.

Forging Bounty Lottery campaign managed by Forging Bootstrapper account NXT-HH9F-JMRB-6HRD-HD5ZW is designed to reward active forgers as explained in the Op. If you’re already an active forger, you need not do anything extra. You’re automatically participating in this Lottery. Transactions with exceptionally high fees will be sent randomly (but not frequently) from the start of Ardor snapshot until this account balance is zero.

This campaign is managed such that it is expected to run for some time after Adror chain is live. Ardor tokens distributed to this account will be rewarded to Ardor forgers while the remaining NXT will continue to be rewarded to Nxt1.0 forgers even after Ardor is launched.

This lottery is skewed in favour of accounts with smaller forging power. Some large accounts (including Mr.47) has opted out of this campaign to increase chance of other forgers. Please note that these “Lottery Transactions” may accidentally be forged by opt-out accounts due to the non-100% certainty of forging order.

Mining pools are also eligible for this campaign. To increase your chances in the lottery, please identify yourselves here. Thank you.

The "Lucky Node" Lottery managed by lurker10 runs independently of the Forging Bounty Lottery. It rewards public node operators irrespective of their forging activity, with an "extra bonus for weight>0 on top of lottery prize". More lottery incentives like open APIs & Archival nodes may be added, but to participate in this lottery, node operators have to identify their participating account through the nxt.myPlatform parameter in the nxt.properties file. As this lottery falls within the overall objectives of the Forging Bounty Lottery campaign, it will be supported via donations from Forging Bootstrapper account NXT-HH9F-JMRB-6HRD-HD5ZW. To receive rewards from both, you need to run a public node AND forge.

These 2 campaigns are in addition to an existing, long-running campaign managed by abtc and EmoneyRu using the Monetary System coin NSC. They exclusively reward hallmarked nodes. Forging Bootstrapper account NXT-HH9F-JMRB-6HRD-HD5ZW will also be supporting this campaign by putting up occasional buy offers that are significantly higher than existing offers.

To benefit from all 3 campaigns, you’ll need to run a public node AND hallmark it AND forge with your NXT balance.

Let’s all work together to strengthen the Nxt1.0 & upcoming Nxt2.0 network :)
« Last Edit: July 12, 2016, 08:45:00 pm by Megalodon »
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Help secure the Nxt blockchain by forging with your NXT and be in the game to win part of the 5M NXT forging bounty!
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