Questions tagged [forging]

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2 votes
0 answers
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How the process “ lock a certain amount of coins into the network as their stake” achieved technically in the Proof of stake algorithm [closed]

i am trying to understand deeper the proof of stake algorithm. i think i understand the basics but i am struggling to understand how this achieved thoroughly under blockchain network and how the nodes ...
Panagiotis Drakatos's user avatar
1 vote
0 answers
61 views

Does PoS forging require having private key on the computer connected to the internet

Does PoS forging require having private key on the computer that do actual forging process? If it depends on the realization of specific cryptocurrency, please, give some examples of such ...
GameRaccoon's user avatar
4 votes
1 answer
327 views

What prevents rewriting the history of a chain with a different difficulty? [duplicate]

It looks like the difficulty is deterministic, but only if the timestamps are trusted. What's to prevent a large miner from starting back much earlier in the chain (when difficultly was miniscule) ...
natevw's user avatar
  • 223
1 vote
1 answer
218 views

How do you setup a bundler for mining / forging child chain coins on the Ardor platform?

Is there a step by step guide on how to start your own bundler to mine / forge child chain coins on Ardor? Do you need to run your own server to do this or can you just login to a public node?
Patoshi パトシ's user avatar
0 votes
1 answer
348 views

Set a public node to auto forge / mine / stake in NXT / Ardor without login via the gui?

Installed nxt/ardor on my public server and would like to have it auto mine / stake with an account. How can this be done without having to login to the gui?
Patoshi パトシ's user avatar
1 vote
1 answer
1k views

How do you stake / forge in nxt / ardor using a public node without having to login publicly?

I have a public nxt / ardor node, but how do I set it to stake / forge with my account? I'm planning to create a separate account and just lease my balance to it to forge. What settings do I need set ...
Patoshi パトシ's user avatar
1 vote
1 answer
64 views

Can leased out nxt coins still be used or do you have to wait for it to expire?

When leasing out your nxt balance to another account, can you still use those coins in your main account? Or do you have to wait for it to expire before you can use it again?
Patoshi パトシ's user avatar
3 votes
2 answers
241 views

How does Nxt agree on a chain when "active accounts" can be easily faked?

From what I understand, in Nxt, blocks are mined (or forged) using a system based on Proof-of-Stake where block creation works similarly to a lottery: people have tickets, and the more tickets you ...
Luca Matteis's user avatar
  • 5,212
3 votes
1 answer
809 views

How is the next forger decided in Nxt?

I've read both the Nxt whitepaper and many other resources on the wiki but I still can't seem to understand how exactly the forging process works. From what I understand, there are a bunch of online ...
Luca Matteis's user avatar
  • 5,212
1 vote
1 answer
286 views

Bitcoin resistance against forged slow chain

I'm implementing a new protocol with a custom blockchain, and I'm trying to figure out what is the correct way to deal with the "slow chain" problem. In the Bitcoin protocol, nodes constantly gossip ...
Eipifi's user avatar
  • 13
2 votes
1 answer
2k views

How do I join a NXT mining forging pool? And how do I register for payouts from the pool?

I found the following pool: http://pool.nxtcrypto.org/howto.html But I'm a bit unclear on these instructions: To claim your earnings, simply send an AM (can be empty or put whatever you want in ...
Patoshi パトシ's user avatar
2 votes
1 answer
1k views

How does forging work?

I am looking for a technical answer that explains how are validated the forged block. I already looked in the NXT wiki and in their white paper and found no detailed explanation.
Jan Moritz's user avatar
3 votes
1 answer
490 views

What is a hallmark node in NXT (nxtcoin)?

What is the purpose of a hallmark node for NXT?
Patoshi パトシ's user avatar
1 vote
2 answers
356 views

NXT uses transparent forging to detect who will solve the blocks. How can DDOS be prevented?

Since NXT does transparent forging and it select a node to be the main one to solve blocks. How does it prevent a DDOS attack? And if a ddos was sucessful on the node during forging, what happens then?...
Patoshi パトシ's user avatar