Switch to ArdorForum

Preceding thread here: https://nxtforum.org/assets-board/(ann)-nxt-security-coin-(nsc)-get-paid-for-supporting-the-nxt-network!/
Initial thread (by ebby) here: https://nxtforum.org/assets-board/(ann)-nsc-nxt-security-coin/


NSC is to help securing the network by supporting hallmarked nodes. The future value of this Monetary System coin (currency) depends on the community, the more value the more nodes secure the network. The coin issuer will never sell MS NSC. To all big stake holders - please help to give this Monetary System coin more value by submitting buy offers on Nxt Monetary System Exchange Booth.  We have to show our node operators that we value their contributions to the community!  Thank you!

MS NSC distribution for hallmarked nodes
- Minimum NRS version : latest and second to latest main release + latest experimental release if presented
- Our node must have seen your hallmarked node, please make sure you have these node in your config "nxt.wellKnownPeers=nsc.nxt.org"
- You can check where your node is active or not: http://nsc.nxt.org:7876/nxt?requestType=getPeers&active=true
- Hallmark check is performed many times per day to ensure we capture as many hallmarks as possible.  Captured Hallmarked nodes are saved into a database for use during the fortnight distribution. You can see them here: http://nsc.nxt.org/
- Your Nxt node must be running latest or second-to-latest Nxt version.
- The Hallmark gives us the Account-ID for the distribution.
- The distribution takes place fortnightly.
- Keep your nodes up!  You can help bring Nxt to the next level!
- How much MS NSC you earn^* depends on the stake you have in the NXT community!
        - less than 1000 NXT: 0.02 NSC per day per node (for the small stake holders/ node owners)
        - 1000 - 9999 NXT: 0.5 NSC per day per node (normal)
        - greater than 9999 NXT: 3.5 NSC per day per node (more trusted nodes)
^* Please note, that NSC will be sent every month with the bottom line of 20 NSC (to reduce fees). If you've earned lower than 20 NSC, they will be transferred to the next month round.

Node Guide: https://nxtwiki.org/wiki/How-To:CreatePublicNode
Hallmark Guide: https://nxtwiki.org/wiki/How-To:CreateHallmark

VPS Vendors:
https://www.arubacloud.com/
http://directspace.net/
http://aws.amazon.com/
https://www.digitalocean.com/

EmoneyRu can manage you VPSs, for free: https://nxtforum.org/public-nodes-vpss/emoneyru-will-for-free-manage-you-vpss-for-you/

If you have questions, please ask!

NSC inventor:
ebby (aka ebereon on Bitcointalk registred 2011)
Monetary System NSC currency issuers:
abctc & EmoneyRu
Distribution Manager:
EmoneyRu
Distribution script:
https://github.com/nxt-ext/nxt-nsc/ with MS NSC commit.
What is it?
A Coin based on Nxt Monetary System to promote growth and security of the Nxt network
What price will coins be sold at?
They will be freely distributed to operators of a hallmarked nodes. The future value will be decided by the community (hint: please help by submitting buy offers on Nxt Monetary System Exchange Booth and/or not selling all of the NSC that you are distributed)! The issuers will never sell issued coins!
Nxtforum discussion
This thread!
Issuing Nxt account
NXT-WKDG-E8R6-BUBL-BCNSC
Currency ID
1294380573514520412
Currency Code
NSC
Currency Name
NSC

P.S.
Monetary System NSC replaces the NSC asset due to a huge sell orders and a lack of buy orders at Asset Exchange, please see here. If someone wants to continue the distribution of asset, he / she can do it.