Minimum Deposit Binary Options (2020) - Low Deposit Binary

Ethereum on ARM. New Eth2.0 Raspberry pi 4 image for automatically joining Prylabs Onyx Eth2.0 testnet. Step-by-step guide for installing and activating a validator.

TL;DR: Flash your Raspberry Pi 4, plug in an ethernet cable, connect the SSD disk and power up the device to join the Eth2.0 Onyx testnet.
The image takes care of all the necessary steps to join the Eth2.0 Onyx testnet [1], from setting up the environment and formatting the SSD disk to installing and running the Ethereum Eth1.0 and Eth2.0 clients as well as starting the blockchains synchronization (for both Geth Eth1.0 Goerli [2] and Prysm [3] Eth2.0 Beacon Chain).
You will only need to create a validator account, send the deposit of 32 Goerli ETH to the Onyx contract and start the validator systemd service.
MAIN FEATURES
SOFTWARE INCLUDED

INSTALLATION GUIDE AND USAGE

RECOMMENDED HARDWARE AND SETUP
STORAGE
You will need and SSD to run the Ethereum clients (without an SSD drive there’s absolutely no chance of syncing the Ethereum blockchain). There are 2 options:
In both cases, avoid getting low quality SSD disks as it is a key component of you node and it can drastically affect the performance (and sync times). Keep in mind that you need to plug the disk to an USB 3.0 port (in blue).
IMAGE DOWNLOAD AND INSTALLATION
1.- Download the image:
http://www.ethraspbian.com/downloads/ubuntu-20.04-preinstalled-server-arm64+raspi-eth2-onyx.img.zip
SHA256 13bc7ac4de6e18093b99213511791b2a24b659727b22a8a8d44f583e73a507cc
2.- Flash the image
Insert the microSD in your Desktop / Laptop and download the file:
Note: If you are not comfortable with command line or if you are running Windows, you can use Etcher [8]
Open a terminal and check your MicroSD device name running:
sudo fdisk -l 
You should see a device named mmcblk0 or sdd. Unzip and flash the image:
unzip ubuntu-20.04-preinstalled-server-arm64+raspi-eth2-onyx.img.zip sudo dd bs=1M if=ubuntu-20.04-preinstalled-server-arm64+raspi.img of=/dev/mmcblk0 conv=fdatasync status=progress 
3.- Insert de MicroSD into the Raspberry Pi 4. Connect an Ethernet cable and attach the USB SSD disk (make sure you are using a blue port).
4.- Power on the device
The Ubuntu OS will boot up in less than one minute but you will need to wait approximately 7 minutes in order to allow the script to perform the necessary tasks to join the Onyx testnet (it will reboot again)
5.- Log in
You can log in through SSH or using the console (if you have a monitor and keyboard attached)
User: ethereum Password: ethereum 
You will be prompted to change the password on first login, so you will need to log in twice.
6.- Forward 30303 and 13000 ports in your router (both UDP and TCP). If you don’t know how to do this, google “port forwarding” followed by your router model.
7.- Getting console output
You can see what’s happening in the background by typing:
sudo tail -f /valog/syslog 
7.- Grafana Dashboards
There are 2 Grafana dashboards to monitor the node (see section “Grafana Dashboards below”.
See [9]

The Onyx Eth2.0 testnet

Onyx is an Eth2.0 testnet created by Prylabs according to the latest official specification for Eth2.0, the v0.12.1 [10] release (which is aimed to be the final).
In order to run an Onyx Eth 2.0 node you will need 3 components:
The image takes care of the Eth1.0 Geth and Eth2.0 Beacon Chain configurations and syncs. So, once flashed (and after a first reboot), Geth (Eth1.0 client) starts syncing the Goerli testnet and the Beacon Chain (Eth2.0 client) gets activated through the Prysm client, both as systemd services.
When the Goerli testnet sync is completed, the Beacon Chain starts syncing. Both chains are necessary as the validator needs to communicate with them (as explained below).
Activating the validator
Once Goerli and the Beacon chain are in sync you have just one task left, configure the Validator for enabling the staking process.
The image provides the Prysm validator client for running the staking process. With this validator, you will create an account with 2 keys (public and private) and get an HEX string that needs to be sent to the Eth 1.0 blockchain as data through a 32 ETH transaction.
The Beacon Chain (which is connected to the Eth1 chain) will detect this deposit (which includes the validator public key) and the Validator will be activated.
So, let’s get started. Geth Goerli testnet and the Beacon Chain are already syncing in the background. Goerli will sync in about 1 hour and the Beacon Chain in about 2 hours (so this will take 3 hours overall).
The easiest way to enable a Prysm validator is to use the Prylabs web portal to get Goerli ETH (testnet ETH) and follow their instructions:
https://prylabs.net/participate
Let’s break this down:
Step 1) Get Prysm
Nothing to do here. Prysm is already installed.
Step 2) Get GöETH — Test ETH
We need 32 ETH to stake (it is fake ETH as this is a tesnet). Prylabs created a faucet with a great UI so you can easily get 32.5 Goerli ETH.
You will need a web3 provider to use the faucet. Install Metamask browser extension (if you don’t have it running yet). Create an account and set the network to “Goerli test network” (on the top of the Metamask screen). Now, click once in “Metamask” and then click “Need GoETH?” button. Confirm the transaction.
Once funded, you will see something like this:
You are 0x0b2eFdbFB8EcaF7F4eCF6853cbd5eaD86510d63C and you have 32.5 GöETH. 
Step 3). Generate a validator public / private key
Go to your Raspberry Pi console and run the following command (make sure you are logged in with your ethereum user):
validator accounts create 
Press return to confirm the default path
Enter a password twice (you will need it later to run the validator so write it down and be careful). Once finished, your account will be created (under the /home/ethereum/.eth2validators directory) containing, among other info, your validator keys. Additionally you will get the deposit data as follows (this is an example):
========================Deposit Data======================= 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 =================================================================== ***Enter the above deposit data into step 3 on https://prylabs.net/participate*** 
Copy this data (just the hexadecimal part, from 0x to the last number), go back to step 3 of Prylabs website and paste it into the field “Your validator deposit data”.
Step 4) Start your beacon chain & validator clients
Beacon chain is already running in the background so let’s configure the validator. Just edit the /etc/ethereum/prysm-validator.conf file and replace “changeme” string with your password (you can use nano or vim editors). Now run:
sudo systemctl enable prysm-validator && sudo systemctl start prysm-validator 
Check if everything went right by running:
sudo systemctl status prysm-validator 
Step 5) Send a validator deposit
We are almost there. Just click the “Make deposit” button and confirm the transaction.
Done!
Now you need to wait for the validator to get activated. In time, the beacon chain will detect the 32 ETH deposit (which contains the validator public key) and the system will put your validator in queue. These are the validator status that you will see during the activation process:

Grafana Dashboards

We configured 2 Grafana Dashboards to let users monitor both Eth1.0 and Eth2.0 progress. To access the dashboards just open your browser and type your Raspberry IP followed by the 3000 port:
http://replace_with_your_IP:3000 user: admin passwd: ethereum 
There are 3 dashboards available:
Lot of info here. You can see for example if Geth is in sync by checking (in the Blockchain section) if Headers, Receipts and Blocks are aligned or easily find the validator status.

Whats's next

We are planning a new release for a multi testnet Eth2.0 network including Prysm, Teku and Lighthouse client (and hopefully Nimbus).

Gitcoin Grant

Gitcoin Grants round 6 is on!. If you appreciate our work, please consider donating. Even $1 can make the difference!
https://gitcoin.co/grants/384/ethereum-on-arm
Follow us on Twitter. We post regular updates and info you may be interested in!
https://twitter.com/EthereumOnARM

References

  1. https://medium.com/prysmatic-labs/introducing-the-onyx-testnet-6dadbd95d873
  2. https://goerli.net
  3. https://docs.prylabs.network/docs/getting-started/
  4. https://www.reddit.com/ethereum/comments/gf3nhg/ethereum_on_arm_raspberry_pi_4_images_release/
    1. Installation script: https://github.com/diglos/pi-gen/blob/ethraspbian2.0/stage2/04-ethereum/files/rc.local.eth2.onyx
  5. https://github.com/ethereum/go-ethereum/releases/tag/v1.9.15
  6. https://github.com/prysmaticlabs/prysm/releases/tag/v1.0.0-alpha.13
  7. https://grafana.com/
    1. Prysm Dashboard: https://github.com/GuillaumeMiralles/prysm-grafana-dashboard/tree/master
  8. https://etcher.io
  9. https://twitter.com/EthereumOnARM/status/1277184480189517824
  10. https://github.com/ethereum/eth2.0-specs/releases
  11. https://github.com/goerli/altona
submitted by diglos76 to ethereum [link] [comments]

Vertextrades.com Review: 2%-3.5% each working day for 50-75 working days

Vertextrades.com is a high yield investment program which provides long term deposit plans. It started on 26th May 2020. You can get 2%-3.5% each working day for 50–75 working days, this program provides profitable rewards for promoters. I listed it into Standard listing. My first withdrawal request was already processed successfully into my PerfectMoney wallet yesterday. Now let me introduce it to you.
Started: 2020–05–26
My Deposit: $200
The amount of 200 USD has been withdrawn from your account. Accounts: U3869878->U21524869. Memo: Shopping Cart Payment. . Date: 13:10 19.06.20. Batch: 319883157.
Investment Plans
Invest $30–5000, earn 2% each working day for 75 working days and principal included
Invest $5001–10000, earn 2.25% each working day for 70 working days and principal included
Invest $10001–20000, earn 2.5% each working day for 65 working days and principal included
Invest $20001–100000, earn 3.5% each working day for 50 working days and principal included
These are all the plans Vertextrades.com provides. Since trading takes place only 5 days a week, you will receive return on investment from Monday to Friday. I think the most suitable plan is the first one for all investors, because you only need $30 to start your investment journey. Let me take an example:
if you deposit $100, then you can earn 2% daily from Monday to Friday, and you can withdrawal or reinvest the money at any time as your willings. After 75 working days, you will earn $150 totally and initial deposit included. That is to say, your net profit will be $50.
Promotional Rewards
Referral Bonus
Existing clients can earn referral bonus by introducing new clients. Vertextrades.com pays 10% referral bonus if the person whom you have referred makes a deposit. Referral bonus is paid instantly. Even the accounts that are not having active deposit are eligible to get referral bonus. The referral bonus will be credited directly to the E-wallet upon the completion of the registration and investment process of the members present down the line.
Binary Matching Bonus
Binary matching bonus will be credited only to the accounts with active deposits. Binary matching income is calculated every 24 hours. Please refer the binary chart for different binary matching slabs.
In binary plan, the new clients are placed below the introducer (referrer) to the left or right side (left or right sub-tree). The tree of a Binary Network Plan will have two legs-left and right; but if a member recruits more than two, then the additional member will be added to the next member down-line. This concept allows the additional member to be shared with down-line member (power leg) and the one who recruited them. This is referred to as spillover. With respect to profit leg, there won’t be a spillover as the profit leg will be expanded with individually sponsored downlines. The binary plan is mostly quantity oriented and not based on the levels.
If you register through my personal link, then 10% of your deposit amount will be transferred back to your personal wallet. So don’t forget to submit your RCB request from top menu section on my website, I will transfer the money to you once admin processes my withdrawal request.
Payment Options
Vertextrades.com accepts PerfectMoney, Payeer, Bitcoin, Litecoin, Ethereum, BitcoinCash. Please remember that Bitcoin Payment takes 6 Confirmation in Blockchain. After Bitcoin deposit, it might take anywhere from 1 minute to 3 hours for the funds to be credited in your Vertex Trades account.
Withdrawal Type
The withdrawal processing time after withdrawal request is 48 hours, and the minimum withdrawal amount is 10 USD. Vertextrades.com charges a total of 10% withdrawal fee while transferring the funds from Vertex Trades E- wallet to your e-currency account. However, no fee is charged for internal transfer, i.e., transfer of funds from one Vertex Trades Account Balance to another Vertex Trades Account Balance, so you can use the internal transfer instead of withdrawal function to save the 10% fee. But remember that only use this function with your trusted friends to keep your money safe.
Whois Information
Domain Registration: 2020/01/23–2023/01/23
IP Address: 192.124.249.20–1,541 other sites hosted on this server
IP Location: California — Menifee — Sucuri
ASN: AS30148 SUCURI-SEC, US (registered Feb 13, 2015)
Summary
Vertextrades.com runs its website on an original template, and it now supportes 20 languages. Like most projects, admin also registered a UK company called “VERTEX TRADES LTD”, and you can check its certificate clicking here. From its investment plan, we can know that its profit is not too high, but from its promotional rewards, we can see profitable rewards for promoters. From the picture below, we can see that there is only 8 monitors although it has already operated for 92 days, maybe admin has his own promotional methods.
If you have more questions, you can contact admin through its online chat box or the contact info I wrote below.
Contact Info
https://www.facebook.com/vertextrades
https://twitter.com/Vertextrades
https://www.youtube.com/channel/UCmMJMXI4lduhYFf6jDJtJ_w
https://t.me/vertextrades
[email protected]
Register: https://vertextrades.com/registeVT44231665/right
From: https://www.hyiper.net/blog/183.html
submitted by vipinvestor1988 to u/vipinvestor1988 [link] [comments]

KONTOFX REVIEW

Overview:

The offshore FX and CFDs broker KONTOFX has its focus on binary trading options. It offers a number of binary assets for trading on an oversimplified trading platform. It also offers maximum leverage of a 1:200. Before considering this broker for trading please follow our scam broker KONTOFX review.

About the KONTOFX:

The broker offers binary options of more than 20 cryptocurrencies from popular Bitcoin to Ethereum and many more. The minimum investment of $250 is needed to start trading with KONTOFX. This minimum deposit is in accordance with the current market situation but several regulated brokers provide the same services at the cost of $ 5. The Estonian firm NTMT Transformatic Markets OU is the owner of KONTORFX and the operations are handled by Northside Business Centres located in Hungary. It has also another office located in Moscow, Russia that manages clients outside of the EU. To offer its services in the EU any Estonian firm required to be regulated by Finantsinspektsioon the local Financial Supervision Authority. When checked with Finantsinspektsioon there is no evidence of this broker’s registration.
The terms and conditions section of this brokers mentions that the broker is not bound to process withdrawal requests made by the traders. Meaning that the profits gained by the traders can not be withdrawn. This condition is utter nonsense as traders do trading to earn profit and use them as per their convenience.
The available spread at KONTOFX on bitcoin-us dollar pair is around $170 that is higher. On the contrary, the information on the website talks about low spreads at 0.6 pips. The offered leverage is up to the ratio of 1:200. When tried to test the provided trading platform we came across very few CFDs offered on binary options and not at all on other commodities. This means the broker is advertising itself falsely as the leader in binary and other commodities CFDs providers.
The payments are entertained only with cards and all other means of payments are unavailable. As mentioned earlier this broker does not provide world-leading MetaTrader platform. Instead offers to trade on some unproven web-based terminal. The fact of worry about this broker is, there is warning issued against it by the Financial Conduct Authority, UK.

Is KONTOFX legit or scam?

The offshore broker KONTOFX makes false claims every now and then. The terms and conditions of this broker are very strange. The broker KONTOFX is unregulated and unlicensed and has a high risk of fund loss. All in all this broker can be a potential Forex scam broker. Avoid it for the safety of your investments.
submitted by fraudbrokers to u/fraudbrokers [link] [comments]

IQ OPTIONS Review 2020

IQ OPTIONS Review 2020
https://preview.redd.it/qyhuuex3xyk41.jpg?width=1400&format=pjpg&auto=webp&s=99485b7247443c5c57f17cf01a1c2747e83107d1
IQ Options is a web-based exchanging stage that empowers clients to exchange an assortment of money related instruments and resources, for example, Binary Options, Stocks, Forex and obviously Cryptocurrencies.Established in 2013 and worked by IQ Option Ltd, the website has immediately got one of the quickest developing web-based exchanging stages and claims to have more than 20 million record-holders from around the globe.IQ options are likewise situated in Cyprus and managed in the EU by the Cyprus Securities and Exchange Commission (CySec), the organization is completely agreeable with the enactment set forward by the commission and completely approved to offer their items to customers in various purviews.Investigate we walk you through the site and offer our full audit of the administration.
IQ options at a Glance
Broker -IQ OptionsRegulation -CySEC (Cyprus)Minimum Initial Deposit - $10Demo Account - YesResource Coverage - CFDs, ETFs, Forex, Cryptocurrency, Stocks, Indices, CommoditiesLeverage - 30:1 Retail Traders, 1000:1 Professional TradersExchanging Platforms - Proprietary Web, Mobile AppWhat it offersIQ options is a thorough exchanging stage that furnishes its clients with an abundance of choices, and in the wake of beginning as a parallel choices agent, IQ Option presently permits clients to exchange Contracts for Difference (CFDs) on stocks, Cryptocurrencies, Exchange Traded Funds (ETFs), Forex, and a scope of different computerized alternatives.CFD on Stocks – IQ Option permits clients to exchange CFDs on stocks from more than 176 unique organizations, including the best organizations recorded on the NASDAQ and NYSE.Digital currencies – Users can likewise exchange 12 of the top cryptographic forms of money including Bitcoin, Ethereum, Litecoin, Ripple, Monero, Zcash, Omisego, IOTA, and Dash.ETFs – EFT exchanging is a generally new item, and ETFs work by following wares, lists, and bushels of benefits. These can be exchanged a similar route as normal stocks, and dealers can look over around 4288 changed ETFs.Forex – Foreign exchanging, or Forex, is a very well-known exchanging business sector and IQ Option gives access to around 188 cash exchanging sets. This permits clients to exchange their preferred outside monetary forms effortlessly.Alternatives – Users can theorize on the cost of various resources, which incorporate monetary forms, stocks, lists, and wares. The stage as of now gives a portal to [more than 10 million choices.](mailto:[email protected])
History of IQ Option in Numbers
As referenced, the IQ Option was established in 2013. From that point forward, the merchant has developed extensively and remembers explicit figures for its site to help show its development. Beginning with the number of dynamic clients, there were 8,110,000 enrolled clients in 2015, which had about multiplied to 14,680,000 by 2016 and arrived at 25,580,000 of every 2017. This speaks to enrolled client development of an incredible 17 million just somewhere in the range of 2015 and 2017.
Not exclusively did IQ Option have a sweeping development in dynamic clients, however the nations that these dealers were from expanded. In 2014, IQ Option had merchants in 135 nations, developing to 148 nations in 2015, 150 out of 2016, and 151 out of 2017.IQ options additionally record the figures identified with exchanges consistently. Somewhere in the range of 2013 and 2014, the quantity of day by day exchanges expanded by almost multiple times. Somewhere in the range of 2015 and 2017, this figure developed another 2.5 occasions. For those intrigued by points of interest, 2015 had a normal of 646,000 exchanges every day, which expanded to 956,000 by 2016 and 1.8 million by 2017.
IQ options Customer Reviews 2020
Most online surveys from clients of IQ Option are sure, yet there is the intermittent negative audit, as ought not to out of the ordinary. A few objections identify with the way that IQ Option requires KYC methods to check your personality before you pull back assets. Be that as it may, these methods are typical for any intermediary managing fiat money, and even numerous cryptographic money trades require KYC methodology.
A few clients likewise demonstrate that pulling back assets can be trying on occasion with the infrequent issue identified with having a record blocked. In any case, this seems direct to determine and may come down to KYC issues; the surveys are not clear on the reason.
Those surveys that demonstrate objections against IQ Option are consistently sprinkled with positive audits. It additionally appears that a large number of negative surveys posted online are not really from clients. Rather, they are from individuals who guarantee to have had issues as anapproach to advance another assistance. At the point when you take a gander at online surveys from individuals who guarantee to be clients of IQ Option, make sure to think about them while taking other factors into consideration since many are unmistakably from contenders or individuals with ulterior thought processes.
At the point when perused with a basic eye, the general pattern of apparently legitimate surveys of IQ Option from clients is by [all accounts impartial to positive.](mailto:[email protected])
IQ Options Review 2020; Is IQ Option a Scam?

https://preview.redd.it/akcp67z8xyk41.jpg?width=700&format=pjpg&auto=webp&s=c67768edebfca581dbac000efb6904f6cb516114
While doing this survey and looking into others' suppositions on the web, we found various grumblings from individuals considering the website a trick. A few reasons referenced are that they crippled an individual's record which didn't permit them to pull back their parity and a ton of disappointed individuals who appear to have lost cash exchanging on the stage.
Be that as it may, we additionally discovered an overpowering number of constructive remarks about the organization which appears to point that the rare sorts of people who have had issues with them are the more vocal individuals on the web. In our view there is positively no chance this organization can be viewed as a trick, the organization is a firmly directed business with a high-income turnover, official business premises, and excellent site and exchanging programming.
Is IQ Option Safe?
Notwithstanding practices, for example, keeping up isolated records for customer reserves, IQ Option offers security in a few different manners. Obviously, the representative has full SSL encryption. All things considered, all correspondence that dealers send to the representative's servers is scrambled such that meets AES 256 Bit encryption guidelines. That encryption restricts the capacity of programmers to get to data, letting IQ Option supply included insurance of both customer assets and data.
IQ Options 2020 Review Verdict
IQ options is a noteworthy stage that furnishes its clients with a lot of significant worth. The site consolidates a decent degree of straightforwardness and usefulness and clients can be open to realizing that the stage is with regards to the [most recent money related guidelines.](mailto:[email protected])
Exchanging on the site is commonly a significant smooth encounter and the stage uses a natural UI that is anything but difficult to explore. The stage and exchanging application is useful enough for proficient dealers while additionally being sufficiently shortsighted to permit new participants to effortlessly gain proficiency with the exchanging procedure.
IQ options are an organization on the ascent and have developed to overseeing just about 15 million records and preparing 3 million exchanges for every day. The site additionally appreciates an exchanging volume of $11 billion per month and pays out around $5.7 million to its clients on a month to month premise.
The site has its downsides, and clients who require broad cooperation with a client support operator might be unfulfilled by the two record levels. So as to be in reliable correspondence with a customized account supervisor brokers are required to pay a $3000 expense which might be unreasonably prohibitive for a few. The site is likewise ending up being well known with dealers around the globe and notwithstanding IQ Option giving time and vitality to building up its client assistance, there is the likelihood that clients may need to sit tight for over 24 minutes so as to have their questions prepared.
At last, IQ Option isn't accessible to the inhabitants of nations, for example, the United States, Canada, and Japan. These countries are home to huge quantities of monetary educated people and the stage would be in an ideal situation with their essence. Be that as it may, IQ Option despite everything takes into account dealers from more than 178 nations and offers exhaustive assistance to every one of its clients. The stage takes into account stock, Forex, and digital money dealers and people who sign up can make certain to collaborate with an instinctive stage that gives access to an abundance of assets and exchanging alternatives.
How to Recover Money Lost to IQ Option
As consistently with exchanging, you should realize the dangers beforehand – these are unpredictable markets where it is totally conceivable to lose huge aggregates of cash on the off chance that you don't have the foggiest idea what you are doing. Make a point to do your exploration, gain proficiency with the stage back to front and never chance more cash than you can stand to lose. But if you realize you have lost money, you can recover all your lost money back from IQ Options by sending an email to [-[email protected]](mailto:[email protected])
submitted by BacklinksSeo73 to u/BacklinksSeo73 [link] [comments]

Beginner’s Guide to BitMEX

Beginner’s Guide to BitMEX

https://preview.redd.it/fl5e0q7i3cc41.jpg?width=1024&format=pjpg&auto=webp&s=445485d722839a9adc1ae13db4c965b0ae3e67b7
Founded by HDR Global Trading Limited (which in turn was founded by former bankers Arthur Hayes, Samuel Reed and Ben Delo) in 2014, BitMEX is a trading platform operating around the world and registered in the Seychelles.
Meaning Bitcoin Mercantile Exchange, BitMEX is one of the largest Bitcoin trading platforms currently operating, with a daily trading volume of over 35,000 BTC and over 540,000 accesses monthly and a trading history of over $34 billion worth of Bitcoin since its inception.

https://preview.redd.it/coenpm4k3cc41.jpg?width=808&format=pjpg&auto=webp&s=8832dcafa5bd615b511bbeb6118ef43d73ed785e
Unlike many other trading exchanges, BitMEX only accepts deposits through Bitcoin, which can then be used to purchase a variety of other cryptocurrencies. BitMEX specialises in sophisticated financial operations such as margin trading, which is trading with leverage. Like many of the exchanges that operate through cryptocurrencies, BitMEX is currently unregulated in any jurisdiction.
Visit BitMEX

How to Sign Up to BitMEX

In order to create an account on BitMEX, users first have to register with the website. Registration only requires an email address, the email address must be a genuine address as users will receive an email to confirm registration in order to verify the account. Once users are registered, there are no trading limits. Traders must be at least 18 years of age to sign up.
https://preview.redd.it/0v13qoil3cc41.jpg?width=808&format=pjpg&auto=webp&s=e6134bc089c4e352dce10d754dc84ff11a4c7994
However, it should be noted that BitMEX does not accept any US-based traders and will use IP checks to verify that users are not in the US. While some US users have bypassed this with the use of a VPN, it is not recommended that US individuals sign up to the BitMEX service, especially given the fact that alternative exchanges are available to service US customers that function within the US legal framework.
How to Use BitMEX
BitMEX allows users to trade cryptocurrencies against a number of fiat currencies, namely the US Dollar, the Japanese Yen and the Chinese Yuan. BitMEX allows users to trade a number of different cryptocurrencies, namely Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum Classic, Litecoin, Monero, Ripple, Tezos and Zcash.
The trading platform on BitMEX is very intuitive and easy to use for those familiar with similar markets. However, it is not for the beginner. The interface does look a little dated when compared to newer exchanges like Binance and Kucoin’s.
Once users have signed up to the platform, they should click on Trade, and all the trading instruments will be displayed beneath.
Clicking on the particular instrument opens the orderbook, recent trades, and the order slip on the left. The order book shows three columns – the bid value for the underlying asset, the quantity of the order, and the total USD value of all orders, both short and long.
The widgets on the trading platform can be changed according to the user’s viewing preferences, allowing users to have full control on what is displayed. It also has a built in feature that provides for TradingView charting. This offers a wide range of charting tool and is considered to be an improvement on many of the offering available from many of its competitors.
https://preview.redd.it/fabg1nxo3cc41.jpg?width=808&format=pjpg&auto=webp&s=6d939889c3eac15ab1e78ec37a8ccd13fc5e0573
Once trades are made, all orders can be easily viewed in the trading platform interface. There are tabs where users can select their Active Orders, see the Stops that are in place, check the Orders Filled (total or partially) and the trade history. On the Active Orders and Stops tabs, traders can cancel any order, by clicking the “Cancel” button. Users also see all currently open positions, with an analysis if it is in the black or red.
BitMEX uses a method called auto-deleveraging which BitMEX uses to ensure that liquidated positions are able to be closed even in a volatile market. Auto-deleveraging means that if a position bankrupts without available liquidity, the positive side of the position deleverages, in order of profitability and leverage, the highest leveraged position first in queue. Traders are always shown where they sit in the auto-deleveraging queue, if such is needed.
Although the BitMEX platform is optimized for mobile, it only has an Android app (which is not official). There is no iOS app available at present. However, it is recommended that users use it on the desktop if possible.
BitMEX offers a variety of order types for users:
  • Limit Order (the order is fulfilled if the given price is achieved);
  • Market Order (the order is executed at current market price);
  • Stop Limit Order (like a stop order, but allows users to set the price of the Order once the Stop Price is triggered);
  • Stop Market Order (this is a stop order that does not enter the order book, remain unseen until the market reaches the trigger);
  • Trailing Stop Order (it is similar to a Stop Market order, but here users set a trailing value that is used to place the market order);
  • Take Profit Limit Order (this can be used, similarly to a Stop Order, to set a target price on a position. In this case, it is in respect of making gains, rather than cutting losses);
  • Take Profit Market Order (same as the previous type, but in this case, the order triggered will be a market order, and not a limit one)
The exchange offers margin trading in all of the cryptocurrencies displayed on the website. It also offers to trade with futures and derivatives – swaps.

Futures and Swaps

A futures contract is an agreement to buy or sell a given asset in the future at a predetermined price. On BitMEX, users can leverage up to 100x on certain contracts.
Perpetual swaps are similar to futures, except that there is no expiry date for them and no settlement. Additionally, they trade close to the underlying reference Index Price, unlike futures, which may diverge substantially from the Index Price.
BitMEX also offers Binary series contracts, which are prediction-based contracts which can only settle at either 0 or 100. In essence, the Binary series contracts are a more complicated way of making a bet on a given event.
The only Binary series betting instrument currently available is related to the next 1mb block on the Bitcoin blockchain. Binary series contracts are traded with no leverage, a 0% maker fee, a 0.25% taker fee and 0.25% settlement fee.

Bitmex Leverage

BitMEX allows its traders to leverage their position on the platform. Leverage is the ability to place orders that are bigger than the users’ existing balance. This could lead to a higher profit in comparison when placing an order with only the wallet balance. Trading in such conditions is called “Margin Trading.”
There are two types of Margin Trading: Isolated and Cross-Margin. The former allows the user to select the amount of money in their wallet that should be used to hold their position after an order is placed. However, the latter provides that all of the money in the users’ wallet can be used to hold their position, and therefore should be treated with extreme caution.
https://preview.redd.it/eg4qk9qr3cc41.jpg?width=808&format=pjpg&auto=webp&s=c3ca8cdf654330ce53e8138d774e72155acf0e7e
The BitMEX platform allows users to set their leverage level by using the leverage slider. A maximum leverage of 1:100 is available (on Bitcoin and Bitcoin Cash). This is quite a high level of leverage for cryptocurrencies, with the average offered by other exchanges rarely exceeding 1:20.

BitMEX Fees

For traditional futures trading, BitMEX has a straightforward fee schedule. As noted, in terms of leverage offered, BitMEX offers up to 100% leverage, with the amount off leverage varying from product to product.
However, it should be noted that trading at the highest leverages is sophisticated and is intended for professional investors that are familiar with speculative trading. The fees and leverage are as follows:
https://preview.redd.it/wvhiepht3cc41.jpg?width=730&format=pjpg&auto=webp&s=0617eb894c13d3870211a01d51af98561907cb99

https://preview.redd.it/qhi8izcu3cc41.jpg?width=730&format=pjpg&auto=webp&s=09da4efe1de4214b0b5b9c7501aba5320e846b4c
However, there are additional fees for hidden / iceberg orders. A hidden order pays the taker fee until the entire hidden quantity is completely executed. Then, the order will become normal, and the user will receive the maker rebate for the non-hidden amount.

Deposits and Withdrawals

BitMEX does not charge fees on deposits or withdrawals. However, when withdrawing Bitcoin, the minimum Network fee is based on blockchain load. The only costs therefore are those of the banks or the cryptocurrency networks.
As noted previously, BitMEX only accepts deposits in Bitcoin and therefore Bitcoin serves as collateral on trading contracts, regardless of whether or not the trade involves Bitcoin.
The minimum deposit is 0.001 BTC. There are no limits on withdrawals, but withdrawals can also be in Bitcoin only. To make a withdrawal, all that users need to do is insert the amount to withdraw and the wallet address to complete the transfer.
https://preview.redd.it/xj1kbuew3cc41.jpg?width=808&format=pjpg&auto=webp&s=68056f2247001c63e89c880cfbb75b2f3616e8fe
Deposits can be made 24/7 but withdrawals are processed by hand at a recurring time once per day. The hand processed withdrawals are intended to increase the security levels of users’ funds by providing extra time (and email notice) to cancel any fraudulent withdrawal requests, as well as bypassing the use of automated systems & hot wallets which may be more prone to compromise.

Supported Currencies

BitMEX operates as a crypto to crypto exchange and makes use of a Bitcoin-in/Bitcoin-out structure. Therefore, platform users are currently unable to use fiat currencies for any payments or transfers, however, a plus side of this is that there are no limits for trading and the exchange incorporates trading pairs linked to the US Dollar (XBT), Japanese Yen (XBJ), and Chinese Yuan (XBC).
BitMEX supports the following cryptocurrencies:
  • Bitcoin (XBT)
  • Bitcoin Cash (BCH)
  • Ethereum (ETH)
  • Ethereum Classic (ETC)
  • Litecoin (LTC)
  • Ripple Token (XRP)
  • Monero (XMR)
  • Dash (DASH)
  • Zcash (ZEC)
  • Cardano (ADA)
  • Tron (TRX)
  • EOS Token (EOS)
BitMEX also offers leverage options on the following coins:
  • 5x: Zcash (ZEC)
  • 20x : Ripple (XRP),Bitcoin Cash (BCH), Cardano (ADA), EOS Token (EOS), Tron (TRX)
  • 25x: Monero (XMR)
  • 33x: Litecoin (LTC)
  • 50x: Ethereum (ETH)
  • 100x: Bitcoin (XBT), Bitcoin / Yen (XBJ), Bitcoin / Yuan (XBC)

Trading Technologies International Partnership

HDR Global Trading, the company which owns BitMEX, has recently announced a partnership with Trading Technologies International, Inc. (TT), a leading international high-performance trading software provider.
The TT platform is designed specifically for professional traders, brokers, and market-access providers, and incorporates a wide variety of trading tools and analytical indicators that allow even the most advanced traders to customize the software to suit their unique trading styles. The TT platform also provides traders with global market access and trade execution through its privately managed infrastructure and the partnership will see BitMEX users gaining access to the trading tools on all BitMEX products, including the popular XBT/USD Perpetual Swap pairing.
https://preview.redd.it/qcqunaby3cc41.png?width=672&format=png&auto=webp&s=b77b45ac2b44a9af30a4985e3d9dbafc9bbdb77c

The BitMEX Insurance Fund

The ability to trade on leverage is one of the exchange’s main selling points and offering leverage and providing the opportunity for traders to trade against each other may result in a situation where the winners do not receive all of their expected profits. As a result of the amounts of leverage involved, it’s possible that the losers may not have enough margin in their positions to pay the winners.
Traditional exchanges like the Chicago Mercantile Exchange (CME) offset this problem by utilizing multiple layers of protection and cryptocurrency trading platforms offering leverage cannot currently match the levels of protection provided to winning traders.
In addition, cryptocurrency exchanges offering leveraged trades propose a capped downside and unlimited upside on a highly volatile asset with the caveat being that on occasion, there may not be enough funds in the system to pay out the winners.
To help solve this problem, BitMEX has developed an insurance fund system, and when a trader has an open leveraged position, their position is forcefully closed or liquidated when their maintenance margin is too low.
Here, a trader’s profit and loss does not reflect the actual price their position was closed on the market, and with BitMEX when a trader is liquidated, their equity associated with the position drops down to zero.
In the following example, the trader has taken a 100x long position. In the event that the mark price of Bitcoin falls to $3,980 (by 0.5%), then the position gets liquidated with the 100 Bitcoin position needing to be sold on the market.
This means that it does not matter what price this trade executes at, namely if it’s $3,995 or $3,000, as from the view of the liquidated trader, regardless of the price, they lose all the equity they had in their position, and lose the entire one Bitcoin.
https://preview.redd.it/wel3rka04cc41.png?width=669&format=png&auto=webp&s=3f93dac2d3b40aa842d281384113d2e26f25947e
Assuming there is a fully liquid market, the bid/ask spread should be tighter than the maintenance margin. Here, liquidations manifest as contributions to the insurance fund (e.g. if the maintenance margin is 50bps, but the market is 1bp wide), and the insurance fund should rise by close to the same amount as the maintenance margin when a position is liquidated. In this scenario, as long as healthy liquid markets persist, the insurance fund should continue its steady growth.
The following graphs further illustrate the example, and in the first chart, market conditions are healthy with a narrow bid/ask spread (just $2) at the time of liquidation. Here, the closing trade occurs at a higher price than the bankruptcy price (the price where the margin balance is zero) and the insurance fund benefits.
Illustrative example of an insurance contribution – Long 100x with 1 BTC collateral
https://preview.redd.it/is89ep924cc41.png?width=699&format=png&auto=webp&s=f0419c68fe88703e594c121b5b742c963c7e2229
(Note: The above illustration is based on opening a 100x long position at $4,000 per BTC and 1 Bitcoin of collateral. The illustration is an oversimplification and ignores factors such as fees and other adjustments.
The bid and offer prices represent the state of the order book at the time of liquidation. The closing trade price is $3,978, representing $1 of slippage compared to the $3,979 bid price at the time of liquidation.)
The second chart shows a wide bid/ask spread at the time of liquidation, here, the closing trade takes place at a lower price than the bankruptcy price, and the insurance fund is used to make sure that winning traders receive their expected profits.
This works to stabilize the potential for returns as there is no guarantee that healthy market conditions can continue, especially during periods of heightened price volatility. During these periods, it’s actually possible that the insurance fund can be used up than it is built up.
Illustrative example of an insurance depletion – Long 100x with 1 BTC collateral
https://preview.redd.it/vb4mj3n54cc41.png?width=707&format=png&auto=webp&s=0c63b7c99ae1c114d8e3b947fb490e9144dfe61b
(Notes: The above illustration is based on opening a 100x long position at $4,000 per BTC and 1 Bitcoin of collateral. The illustration is an oversimplification and ignores factors such as fees and other adjustments.
The bid and offer prices represent the state of the order book at the time of liquidation. The closing trade price is $3,800, representing $20 of slippage compared to the $3,820 bid price at the time of liquidation.)
The exchange declared in February 2019, that the BitMEX insurance fund retained close to 21,000 Bitcoin (around $70 million based on Bitcoin spot prices at the time).
This figure represents just 0.007% of BitMEX’s notional annual trading volume, which has been quoted as being approximately $1 trillion. This is higher than the insurance funds as a proportion of trading volume of the CME, and therefore, winning traders on BitMEX are exposed to much larger risks than CME traders as:
  • BitMEX does not have clearing members with large balance sheets and traders are directly exposed to each other.
  • BitMEX does not demand payments from traders with negative account balances.
  • The underlying instruments on BitMEX are more volatile than the more traditional instruments available on CME.
Therefore, with the insurance fund remaining capitalized, the system effectively with participants who get liquidated paying for liquidations, or a losers pay for losers mechanism.
This system may appear controversial as first, though some may argue that there is a degree of uniformity to it. It’s also worth noting that the exchange also makes use of Auto Deleveraging which means that on occasion, leveraged positions in profit can still be reduced during certain time periods if a liquidated order cannot be executed in the market.
More adventurous traders should note that while the insurance fund holds 21,000 Bitcoin, worth approximately 0.1% of the total Bitcoin supply, BitMEX still doesn’t offer the same level of guarantees to winning traders that are provided by more traditional leveraged trading platforms.
Given the inherent volatility of the cryptocurrency market, there remains some possibility that the fund gets drained down to zero despite its current size. This may result in more successful traders lacking confidence in the platform and choosing to limit their exposure in the event of BitMEX being unable to compensate winning traders.

How suitable is BitMEX for Beginners?

BitMEX generates high Bitcoin trading levels, and also attracts good levels of volume across other crypto-to-crypto transfers. This helps to maintain a buzz around the exchange, and BitMEX also employs relatively low trading fees, and is available round the world (except to US inhabitants).
This helps to attract the attention of people new to the process of trading on leverage and when getting started on the platform there are 5 main navigation Tabs to get used to:
  • **Trade:**The trading dashboard of BitMEX. This tab allows you to select your preferred trading instrument, and choose leverage, as well as place and cancel orders. You can also see your position information and view key information in the contract details.
  • **Account:**Here, all your account information is displayed including available Bitcoin margin balances, deposits and withdrawals, and trade history.
  • **Contracts:**This tab covers further instrument information including funding history, contract sizes; leverage offered expiry, underlying reference Price Index data, and other key features.
  • **References:**This resource centre allows you to learn about futures, perpetual contracts, position marking, and liquidation.
  • **API:**From here you can set up an API connection with BitMEX, and utilize the REST API and WebSocket API.
BitMEX also employs 24/7 customer support and the team can also be contacted on their Twitter and Reddit accounts.
In addition, BitMEX provides a variety of educational resources including an FAQ section, Futures guides, Perpetual Contracts guides, and further resources in the “References” account tab.
For users looking for more in depth analysis, the BitMEX blog produces high level descriptions of a number of subjects and has garnered a good reputation among the cryptocurrency community.
Most importantly, the exchange also maintains a testnet platform, built on top of testnet Bitcoin, which allows anyone to try out programs and strategies before moving on to the live exchange.
This is crucial as despite the wealth of resources available, BitMEX is not really suitable for beginners, and margin trading, futures contracts and swaps are best left to experienced, professional or institutional traders.
Margin trading and choosing to engage in leveraged activity are risky processes and even more advanced traders can describe the process as a high risk and high reward “game”. New entrants to the sector should spend a considerable amount of time learning about margin trading and testing out strategies before considering whether to open a live account.

Is BitMEX Safe?

BitMEX is widely considered to have strong levels of security. The platform uses multi-signature deposits and withdrawal schemes which can only be used by BitMEX partners. BitMEX also utilises Amazon Web Services to protect the servers with text messages and two-factor authentication, as well as hardware tokens.
BitMEX also has a system for risk checks, which requires that the sum of all account holdings on the website must be zero. If it’s not, all trading is immediately halted. As noted previously, withdrawals are all individually hand-checked by employees, and private keys are never stored in the cloud. Deposit addresses are externally verified to make sure that they contain matching keys. If they do not, there is an immediate system shutdown.
https://preview.redd.it/t04qs3484cc41.jpg?width=808&format=pjpg&auto=webp&s=a3b106cbc9116713dcdd5e908c00b555fd704ee6
In addition, the BitMEX trading platform is written in kdb+, a database and toolset popular amongst major banks in high frequency trading applications. The BitMEX engine appears to be faster and more reliable than some of its competitors, such as Poloniex and Bittrex.
They have email notifications, and PGP encryption is used for all communication.
The exchange hasn’t been hacked in the past.

How Secure is the platform?

As previously mentioned, BitMEX is considered to be a safe exchange and incorporates a number of security protocols that are becoming standard among the sector’s leading exchanges. In addition to making use of Amazon Web Services’ cloud security, all the exchange’s systems can only be accessed after passing through multiple forms of authentication, and individual systems are only able to communicate with each other across approved and monitored channels.
Communication is also further secured as the exchange provides optional PGP encryption for all automated emails, and users can insert their PGP public key into the form inside their accounts.
Once set up, BitMEX will encrypt and sign all the automated emails sent by you or to your account by the [[email protected]](mailto:[email protected]) email address. Users can also initiate secure conversations with the support team by using the email address and public key on the Technical Contact, and the team have made their automated system’s PGP key available for verification in their Security Section.
The platform’s trading engine is written in kdb+, a database and toolset used by leading financial institutions in high-frequency trading applications, and the speed and reliability of the engine is also used to perform a full risk check after every order placement, trade, settlement, deposit, and withdrawal.
All accounts in the system must consistently sum to zero, and if this does not happen then trading on the platform is immediately halted for all users.
With regards to wallet security, BitMEX makes use of a multisignature deposit and withdrawal scheme, and all exchange addresses are multisignature by default with all storage being kept offline. Private keys are not stored on any cloud servers and deep cold storage is used for the majority of funds.
Furthermore, all deposit addresses sent by the BitMEX system are verified by an external service that works to ensure that they contain the keys controlled by the founders, and in the event that the public keys differ, the system is immediately shut down and trading halted. The exchange’s security practices also see that every withdrawal is audited by hand by a minimum of two employees before being sent out.

BitMEX Customer Support

The trading platform has a 24/7 support on multiple channels, including email, ticket systems and social media. The typical response time from the customer support team is about one hour, and feedback on the customer support generally suggest that the customer service responses are helpful and are not restricted to automated responses.
https://preview.redd.it/8k81zl0a4cc41.jpg?width=808&format=pjpg&auto=webp&s=e30e5b7ca93d2931f49e2dc84025f2fda386eab1
The BitMEX also offers a knowledge base and FAQs which, although they are not necessarily always helpful, may assist and direct users towards the necessary channels to obtain assistance.
BitMEX also offers trading guides which can be accessed here

Conclusion

There would appear to be few complaints online about BitMEX, with most issues relating to technical matters or about the complexities of using the website. Older complaints also appeared to include issues relating to low liquidity, but this no longer appears to be an issue.
BitMEX is clearly not a platform that is not intended for the amateur investor. The interface is complex and therefore it can be very difficult for users to get used to the platform and to even navigate the website.
However, the platform does provide a wide range of tools and once users have experience of the platform they will appreciate the wide range of information that the platform provides.
Visit BitMEX
submitted by bitmex_register to u/bitmex_register [link] [comments]

Peer-to-Peer Binary Options Platform (Beta phase)

Hello traders,
Me, Claudiu Pana, and my team have been working on a project that hopes to bring together the emerging space of cryptocurrencies with the well-known binary trading system, in a new innovative manner that empowers the players. Integrating the most important benefit of what crypto space offers, the peer-to-peer feature, with the binary trading system, users can now trade between themselves without concerns, such as dynamic profits, predatory fees and market manipulation.
The idea of creating this platform appeared because classic binary options platforms, where traders bet against the broker, are prone to fraud and hence banned by regulators in many jurisdictions. Many binary option outlets have been exposed as fraudulent, and here is where we totally differentiate from the troubled classic binary trading systems.
TRIBTC`s innovative approach allows users to trade against each other or join trades other users place. This approach brings together, for the first time, the peer-to-peer concept with binary options trading for cryptocurrency pairs, thus eliminating the possibility of foul play that happens on traditional binary options sites where trading is done against the broker.
TRIBTC`s platform and trading engine are built by industry veterans from the crypto and finance industries. We have been building out our platform throughout 2019 and we are proud to finally **release the beta version to the public.**We aim to give market participants worldwide access to safer and reliable binary options trading through peer-to-peer matching, cutting-edge features, and the power of Bitcoin. We will not rest until the market can fully realize this new paradigm.
Once officially launched, the platform will feature a referral program, where 2,5 percent from all trades a referred user makes will go to their referral, paid in BTC automatically. TRIBTC supports multiple order types and execution options to facilitate any trading strategy, and a simple and intuitive interface for a professional trading experience, all within a high-grade matching engine.After our beta is complete, new features will be added, including new order types and the Touch/No Touch trading method.Our platform supports BTC only for deposits and withdrawals.
TRIBTC`s simple and intuitive interface offers multiple types of trading and transaction execution options to facilitate any trading strategy.The platform provides the following trading pairs: BTC/USD, ETH/USD, LTC/USD, EOS/USD, BNB/USDT, XMUSD, ZEC/USD, ETH/BTC, LTC/BTC, XRP/BTC, BNB/BTC, XMBTC, ZEC/BTC, and EOS/BTC.
Trading can be executed on timeframes of 1, 5, 15, 30 minutes, 1 or 4 hours, 1, 2, 7 or 15 days, a month or in custom intervals, with the possibility of earning 90% of the traded amount in the case of winning trades.Price indexes are sourced and averaged from the Bitfinex and Binance exchanges. The funds are stored in a multi-sig cold wallet, while the withdrawals are manually checked and processed every 24 hours.
User accounts are protected with a 2FA feature, as well as other security features designed to provide a more secure trading environment.The project is entirely funded by the team, while no ICO and no fundraising were hosted, we`re not trying to make false promises. We`re just a team who are trying to prove a point - we can reignite the spark of those who traded binary options in the past and got burned by their brokers.Our platform doesn`t bet against you, it lets you invite of all your friends to join your trade.
Our plan is to invest our 5% profit made (as 2,5% goes for the referral brought by the winner, and other 2,5% for the referral brought by the loser) in advertising as much as it takes to get up there.In the idea of creating a more secure trading environment, currently we`re running a beta phase, from which users can benefit by joining and register on our platform and get used to the platform by placing or joining other users` trades.
The public testnet is now live and the platform can be tested by anyone, 1 testnet BTC is automatically credited to all new accounts registered, while the minimum bet is 0.0005 BTC - so plenty of trades can be executed.
We thank you for reading our description about our project, and hopefully we got you at least curios to check it out, and maybe offer us some feedback!
Claudiu Pana, CEO of TRIBTC.
submitted by tribtc to binaryoptions [link] [comments]

A balanced look at the Naval Training Center

It's busted garbage. It's terribly designed. It's got issues. Third time's the charm.
Alright. This is a volatile subject, and for good reason, but let's try to pull it apart a bit. For those that just rolled out from under a rock, the Naval Training Center (henceforth NTC) allows you to sell a line of ships and reset your research on them, and in exchange going back through them acquires tokens you can use to upgrade T6+ ships with statistical buffs permanently. You can upgrade a single ship three times, and you can only reset 3 lines every 3 months. That's the bones of it. Apparently, it costs 10 for the first upgrade, 30 for the second, and 60 for the third. You get 10 national tokens for one line and 2 bonus "universal" ones. This means it takes a minimum of ~7 months and 8 lines being replayed to fully upgrade a single ship. Grimacing yet? You're not alone.
The worst part of this is buried in here there's some stuff most players will probably like-- a reason to play ships again that they've otherwise abandoned for a change of pace, and the ability to spiff up their favourite boats. Unfortunately, it is buried in a mountain of negative implications for game health.
Let's break down some of the pros and cons specifically, along with clarifying the overall design goals, and see if there is a way for us to get the intended benefits without all of the unyielding sorrow those negative implications. Try not to pop a blood vessel before you get through the rest of this post; I will be listing some things that have both positive and negative impacts and trying to address both. Additionally, some details might be somewhat off-- the information is pretty hot off the presses and there are some conflicting accounts, so try not to get too hung up on any one thing and stay focused on the big picture. With that out of the way...

Pros:
Cons:

Based on this, it doesn't take a science rocket to conclude that the net negatives clearly outweigh the positives for most players, and if the options are scrap the system or implement it as described, scrapping the entire system is the only sensible choice.
Thankfully, we're not limited to such a binary option, so we can explore it a bit further. I think most players realise that the nature of a F2P game is that there will be some impediments to progress by design, and we're all okay with that as long as they aren't unreasonable or punitive. If it took 5 times the XP it currently does to go from T9 to T10, it would be functionally pay-2-win, even if all else was equal. In conclusion, and comparing this system to commander skills/levels, upgrade slots, signal flags, unique upgrades... Gameplay buffs for effort and time invested aren't out of line. The issue here is that the buffs are not insignificant and they require such an incredible commitment that the only reasonable way to acquire them for the vast majority of players will be to dump a tremendous amount of free XP into them, and even that doesn't negate the other negatives like not having those ships necessarily available when you want them. It's a mess.
So, ultimately, the question becomes "can we remove or mitigate those issues enough that the system feels fair and viable for the average player, even if they don't pay a cent?" And if so, how do we do that? To WG's credit, they already are aware that some extra consideration will be required for clan battles at least, and have stated these bonuses would be limited or excluded in some way. That leaves a lot of other problems, and I'd like to propose a few solutions keeping in line with the intended benefits of the NTC, while removing the bulk of the frustrating, daunting issues.

Potential fixes:
  1. When selecting a line, you acquire a camo-locked rental of the T1 and a personal mission for that vessel. It is provided with a port slot that is removed when the ship is removed. You do not lose any of your ships or sell them.
  2. The personal mission for this rental is to earn XP equal to the amount it would take to research the following ship directly. Completion of all such missions for a given rental grants 1 token for that nation per mission, with even tiers granting a "universal token" instead, and then grants the following ship as a rental, similarly, with a corresponding personal mission for its following ship.
  3. Completion of the Tier 5 and final stages grants a bonus "universal token".
  4. Additionally, if in a clan, completion of the entire chain deposits an additional "universal token" into the clan treasury for distribution by clan officers.
  5. Improvement of ships other than tier 10 require a value scaled to their tier. While a tier 10 requires 10/30/60, a tier 6 would require 6/18/36.
  6. At the beginning of each "3 month season", any player that has at least 2 researchable tier 10s unlocked receives a number of "universal tokens" equal to their total researched ships (even if not currently in port) divided by 10, rounded up, plus 10. A player with five lines fully researched receives 15 free universal tokens every "season", while a player who has just unlocked the NTC with only 2 lines fully researched and nothing else would receive 12.
  7. Finally, every player with at least a single tier 10 researched can select a single applicable ship in their port: this ship counts as being of the second upgrade level, minimum, irrespective of any other factors. This ship selection can be changed once per month.
Read over those again if you need to, as it's a bit to take in. Once you're done, let's get into the pros and cons of these changes relative to the base systems being proposed by WG, and see how they align with the goals of these features and mitigate the myriad issues.
Pros:
Cons:
Rationally speaking, however, that's already the case in terms of commander levels and stock grinds and so on as previously mentioned. It's my belief that the nature of a few buffs (and it bears mentioning another user has calculated the buffs for many ships, and at least several of the stats calculated therein are wildly wrong-- the buffs are notable but not absurd) for some dedication is fair, but if it means locking people out of ships they enjoy and have worked to acquire or that it requires such an incredible amount of work that only those willing to pay to blow through the process (or even that that is an option) are the things that will raise the most ire. If the system is fair, accessible, but holds extra room for more dedicated players, then it's a reasonable, interesting addition to the game that doesn't impede gameplay or notably harm game health.
I don't suppose my suggestions have covered everything here, but it's my hope I've echoed most major concerns and shown that the NTC doesn't necessarily have be so problematic. It is concerning these things weren't more closely scrutinized by WG-- I've been thinking about these issues for a few hours and they've had presumably months and I'd wager good money just about everybody would take my changes over their proposed system in a heartbeat-- but they're still deep in work-in-progress territory. Now isn't the time to start lighting things on fire. Now's the time to make sure the work goes in to fix the issues we can already see. In summary, the current system as proposed by WG is awful and will almost certainly, without hyperbole, result in an exodus of veteran players and a huge wall for new players.
It doesn't have to be that way, though.
Let's not forget that alongside the NTC WG also announced a bunch of great stuff, like free premium consumables and vastly improved matchmaking.
submitted by SturmPioniere to WorldOfWarships [link] [comments]

IQ Option Account Verification Process

IQ Option Account Verification Process

IQ Option Account Verification Process

IQ options trading has become the most popular nowadays. The first binary options were introduced by banks in 2008 and then online forex brokers started offering binary options to the public.
IQ Option Trading is a very enormous platform for investing in virtual currencies and IQ Option is widely spreading platform for itself moreover it is producing a large amount of money in a minimum amount of investment.
IQ Option Trading is now offering clients to trade Contracts for Difference (CFDs) on stocks, Cryptocurrencies, Exchange Traded Funds (ETFs), Forex, and a range of various digital options.
As pragmatic currencies are being so popular and beneficial so in consequence that is remarkably boosting trades.
In the upcoming years, this will produce more IQ Option Traders.

https://preview.redd.it/ekh4fuk8oyi31.png?width=1000&format=png&auto=webp&s=15063d58d5e84b649fdd67bc3f26d5f72b987182

What is the minimum investment in IQ option?

IQ Option allows you to start trading binary options with only $10 and the lowest minimum deposit among various binary options brokers Some other brokers necessitate you to deposit you at least $100, $250 or even higher, depending on account type.
This trading allows opening an account from some different options which are completely based on the choices and requirements of the buyers.
Types of the IQ Option Trading Account:
• Demo Account
• Standard Account
• VIP Account

Opening an IQ Option Account and verification process:

Opening a new IQ Account is very easy, we are here to guiding you how you can start trading.
It is a simple process. For opening an account you have to be of legal age. Before getting started you should make sure that you belong to the eligible country.
IQ Option does not serve in many countries you can find the detailed list of the countries in which IQ option serves on their official website.

Once you complete the eligibility process you can proceed with creating your account with IQ Option. You can register yourself with your own personal emails as well as your company’s email ID if you are an agency.
After completing registration the next step will be verifying your Identity. Usually, traders find this account verification process frustrating and time-consuming, but trust me it worth it.
IQ Option ensures safe endeavour of its traders. This Verification process help IQ Option in knowing that no one else is using your account and the person is an actually a human, not a spammer.
This verification process is for one time, you need to prove your identity once, it will help you by preventing you from getting into any kind of fraud or trap.

Here you are three steps far from opening your trading account:

Step 1. Identity verification:
This first step needs to verify your identity and for this, you must provide one document.
For completing this process you can submit a scanned copy or a photo of your passport, ID card or a Driving License.
If you are using your passport it should be scanned from the front side where your photograph is displayed and if you are using Identity card or driving licence scan them from both front and backside.
Note: Make sure the document you are providing for verification has a clear photo and should not be expired
Step 2. Address verification
To verify your address or residence. You have to provide a scanned copy or with the photo of any of the following documents issued in your name.
This verification needs your name with your address also this can not be older than 6 months, whichever document you will take for address verification must contain an issued company or banks logo on itself.
For confirming your address you can choose followings:
• Statement for a bank account or credit card account
• Bill for utility services( electricity, telephone, water and other)
• Document from the municipality confirming your address with an official stamp
• Tax statement.
Step 3. Bank card verification
To prove your ownership of your bank account documents you must use a card which you use for your transaction. Requirements for providing a card. The card must contain your name.
Note: your card must be scanned from both back and front sides. Your card contains your name and you should obscure the CVV and six digits from the card.
All steps for verification of your Trading Account are easy. This is one of the requirements set by CySEC, IQ Options main regulator. Still, some traders find this process time consuming but this is necessary also, it prevents money laundering.
If you wish to start trading in binary options you must verify IQ Option Trading Account.
submitted by binarycount to u/binarycount [link] [comments]

IQ Option is looking for Introducing Brokers

Every one, hello.
What is Introducing Broker?
IQ Option|IB is a cooperation model designed to remunerate participants for IQ Option platform popularization.
Limitless earning opportunities.
IBs are getting paid a commission based on the profit generated by traders they introduce to our platform. There are no limits on the number of trader accounts, trading volumes or marketing techniques. You can get up to 45% of brokers profit.
Working with IQ Option IB is a piece of cake!
We have gathered everything an introducer might ever need:
IQ Option is a platform that sells itself.
It boasts a wide choice of trading instruments and a single account to trade them all:
What your traders will get:
IB program is designed for individuals and companies operating in fields of:
Getting started is quick and easy, requires no upfront investment, complex integration or deep KYC.
Just leave us an application with a short description of your introducing strategy, preferable way of cooperation and we will get in touch with you shortly.
Sign up today!
IQ Option | IB
submitted by True_Soullah to IQOptionIB [link] [comments]

An in-depth review of the "Ghost Mode" gameplay overhaul mod

As I'm sure you can all relate, the 10th Witcher Games Anniversary video brought a lot of feels. And with them came the itch to do yet another playthrough of my favourite video game. This time, to freshen up the experience, I decided to break from my tradition of only installing visual enhancement mods and look into the gameplay overhauls recommended on the sub.
To my surprise in-depth assessments of these mods were nowhere to be found. True you can look up detailed descriptions of what they change, but that won't give you an impression of how the changes work in practice nor an objective look at how they impact the overall experience. Thus the goal of this thread is to help you decide if you would enjoy using "Ghost Mode" for your next playthrough and to serve as a resource for posterity.
Note: the title of this post is no misnomer. This is a long read. If you already have an idea of what the mod is about and are just wondering "if it's any good", then feel free to skip to the TLDR rating section at the bottom.
 

Setup

First thing first, all the changes introduced by the mod remain true to the vanilla feel, flow and story of the game. There is no need to worry that the game you know and love will suddenly be unrecognisable, that you won't know your arse from your elbow. Secondly, I do not plan to rehash the full changelog in this review. Changes from Vanilla will only be mentioned if they are relevant to the point I am making.
Dsiclaimer: this review is written with the above in mind. I do not claim my experience to be completely exhaustive. For example, things which were difficult or annoying for my setup might be trivial for others and vice versa. Your mileage may vary.
 

General Gameplay

The mod has been implemented in a competent way. I did not notice any performance decrease compared to Vanilla and encountered no game breaking bugs. There was only a single major issue in 2.6 which was repeatable and highly annoying, but thankfully it seems to be fully fixed with version 2.7.
Immersion has been improved and the game world is more believable. Some examples:

Quests and Experience

The way the experience penalty works has also been changed. Previously you would get 100% of quest experience if you were at most 5 levels above the quest level, and basically 0% if you were 6 levels above or more. Now for every level you are above a quest the experience reward is reduced by 16%. This also works the other way around, you will receive an experience bonus for doing quests which are higher level than you.
This way you get the best of both worlds. You get to tailor the quest order to your liking, without having to suffer meta-gaming pressure, and at the same time Geralt will not end up overlevelled.
 

Combat

This is usually the number one reason why people recommend this mod and it is clear to see why. The author has implemented a great number of improvements to nearly all of the vanilla systems. Combat is more challenging and rewards players for their skill and preparation better. Geralt's overpowered traits and abilities have been toned down and your specialisation makes a much bigger difference to how you approach fights.
Overall, most battles are more fun with GM compared to vanilla. However this comes at a cost: namely the "realism", feel and flow of combat have all decreased to facilitate the above. Let's examine the 4 main areas where GM changes combat and evaluate them in detail.

Enemy behaviour

The first thing you will probably notice is that "all enemies have a reduced reaction time". The reason I put quotes around that phrase is because I don't know the actual inner workings of the mod and precisely how it has modified the AI scripts. Therefore I am just calling the effect as I saw and experienced it during my playthrough. The easiest way to describe it is: the time frame between you being in range of an enemy and the enemy starting their action is now much lower.
The primary effect of this change is an increase in difficulty. You now have to have faster reflexes in order to be able to dodge enemy attacks. Additionally, enemies will spend significantly less time in a hit recovery state after you land a blow. Which means that you won't be able to chain as many attacks as you could before, since your enemy will dodge/retaliate much more rapidly.
This change really shines when it comes to boss fights. The faster enemy reaction time forces you to play by the boss' rules and pay attention to their mechanics, rather than treating them as a higher health & damage generic enemy. To give a concrete example, let us look at the Olgierd fight at the burning manor.
In Vanilla you can easily beat him on Death March by ignoring the fight's mechanics. You simply position yourself slightly outside of his melee range and start a rend which he walks into. Then you follow this up with a quick dodge to the side to avoid the sand in the eyes and immediately start another rend. The boss gets locked in the above AI loop and you win pretty easily. The reduced reaction time in Ghost Mode counters this perfectly. By the time you are winding up your rend the boss, instead of walking into your sword, starts his own attack which targets where you will be after you swing and hits you before you can deal any damage.
So to beat him I had to actually play by the rules, which means conventional sword swinging is out of the question, especially as you also leave yourself open to a quick counter attack which kills you in 2-3 hits. The rules in this case are: counter his attack, swing once and go on the defensive. There are three different attacks he throws at you:
  • The red charge: when you are far away from him, it is the easiest to counter and the bare minimum required to win. If you can only counter this then you will win, but it will take ages.
  • The phase charge: is when he turns semi transparent and steps side to side. He only does this if your are slightly outside of melee range, so you have much less margin of error on your counter. If you are quick enough you can counter this type of attack with a close to 100% success rate, which means that a better player can defeat him much more rapidly.
  • Finally we have the slash combo, which he does when you are in melee range. This one is also counterable, but the reaction time is so small I didn't feel it was worth the risk. Especially because if you fail it and only parry you will be locked in that stance for a few of his hits which will drain your stamina significantly (and you cannot counter without stamina, but more on this topic later).
So as you can see from the above GM makes you pay attention to the intended mechanics and rewards skilled play.
The change to reaction time also has its downsides however, and they are major ones. Most notably, enemies which have extremely fast attack animations by default become unfair in melee combat. Especially if they are in a group. The best example of this problem are all of the insectoid type enemies like the endregas and the kikimores. Their attack animation is fast and when you pair it with an increased aggression and run speed it means that you literally cannot attack them preemptively. If you start any type of attack (without dodging one of their attacks or parrying first) they will strike you first, even if you were outside of their melee range when you initiated your swing. As you can probably tell fighting groups of these enemies is extremely annoying especially early on. Later you can cheese them by unloading your entire reserve of Dancing Stars & Northern wind bombs for some semblance of crowd control, but even that is like putting a plaster on an amputated leg. What's strange is that looking at past feedback numerous people have complained about these enemies, throughout the mod's life cycle. Yet the author has failed to address the problem, which is that they shouldn't have reduced reaction time in the first place. Such empty difficulty, only for its own sake is never good.
Another downside is that early on you cannot take on groups of certain enemies, like wraiths, nekkers or insectoids for example, without resorting to AI abuse. This probably only applies to the higher difficulties, but when the best way of beating groups in the early game is dragging enemies one by one to the edge of their AI leash it doesn't feel good. No matter how skilled you are in melee combat you cannot defeat such packs head on without numerous deaths, which doesn't make you feel like a witcher at all in those encounters.
Finally, GM also implements monster "dodge" with a much more heavy handed approach compared to Vanilla. All sorts of enemies will now dodge your attacks more frequently. This is yet another example of where combat quality was sacrificed in order to increase combat difficulty. I write "dodge" in quotation marks because normally the word implies that the enemy sees your attack and reacts to it by getting out of the way. This mod makes the enemies which "dodge" the most feel like blatant AI bots with rigid if-then logic in their script, which harms immersion. Some examples:
  • Enemies dodging mid attack, when it makes no sense for them to do so
  • Werewolves dodging while airborne in the middle of their lunge
  • Humans dodging attacks that come from behind them and they cannot see
  • Shrieker glitching into its "on the ground" dodge animation while flying, after being shot with a crossbow
  • Occasionally enemies dodging attacks while burning, sirens dodging when knocked down etc.

Skill Balance changes

A lot of adjustments have been made to the skill tree in order to improve how balanced Geralt is in combat. The changes can mostly be summed up by saying "baseline Geralt was nerfed". What that means in practice is that witchering aspects you do not invest points into will be significantly worse compared to vanilla. For example the signs, crossbow and damage bombs are a lot less useful for my mainly sword focused build. This is a good thing as specialisation encourages more diversity in your playstyle. Here are some examples:
  • Quen no longer always blocks at least 1 attack, regardless of how much damage it's supposed to absorb. Now it's no longer the combat crutch it used to be in Vanilla as it will only absorb the value of the shield and the rest of the damage will go through.
  • Poison and bleed effects are no longer extremely overpowered boss monster killers. Their duration and damage are significantly reduced to the point where 1 poison application is equal to about 2 additional sword attacks. Still good, but now balanced.
  • Crossbow & Bombs now only deal half damage if they were auto aimed. And of course manual aiming during combat is way too slow unless you have invested into the related skills. There seem to be a few minor bugs related to these items. For example manual crossbow shots sometimes don't bring big flyers down despite hitting them successfully. Superior Samum, manually aimed, dealing 5 (yes five) damage on kikimores.
  • In general overpowered skills have been nerfed (rend, whirl, euphoria etc.) while underpowered abilities have been buffed (crippling strikes, undying, counter attack etc.).
Overall the skill tree feels significantly more polished and we now have a lot more viable choices to pick from.

Defensive techniques (dodge, roll, counter, parry)

The way dodging and rolling worked in Vanilla was a simple binary check. Did you press the appropriate button before the attack connected with your character? If yes then avoid all damage, regardless of where your character ended up going (for attacks which can be dodged). And while this was still a big improvement from the second game, the i-frames were way too generous and the moves lacked any stamina cost. Which made it all to easy to just spam the dodge button and be invulnerable. GM changes this behaviour by also taking into account the direction Geralt moves in when dodging/rolling with respect to the enemy attack. Now if you dodge in time but still end up connecting with the attack, depending on the angle, you will take partial damage and debuffs based on what direction you were going in.
Parrying and countering have been significantly enhanced compared to the base game. Essentially now you can parry/counter nearly all attacks, those coming from monsters included. Taking counters as an example, you may counter light attacks just like before - by reducing all incoming damage - but now you retaliate against monsters with a "counter slash". This also applies to heavy attacks (including hammer and spear wielding humans) except that damage is reduced only by 50%. Both parry and counter now have a stamina cost depending on the attack you have deflected. This is a great addition to the game in my opinion. It plays perfectly with the risk and reward scale. Countering carries a greater reward because you spend your time negating the monster attack and dealing damage on your own, instead of just negating as you would with a dodge. However the risk is also greater because you confusing monster light and heavy attacks means you will take significant damage, especially if your build is not prepared for it. Yet another gameplay element where skill is rewarded.

Armour, stamina and different playstyles

Stamina management is now a big part of combat, rather than a mere afterthought with Tawny oil. The base regeneration rate is significantly reduced, all combat actions pause this regeneration for a short while and counter and parry stamina costs are increased. The armour you are wearing now also affects your stamina more than the Vanilla regeneration penalties. Light armour has no penalties and increases stamina regen, medium armour introduces a stamina cost for rolling & sprinting and heavy armour has stamina costs associated with rolling, dodging and sprinting.
Armour now plays a much bigger role in the game thanks to its significantly increased damage absorption capabilities. Plenty of enemies now have high armour values which also makes the armour penetration stat on swords better. To help with this, your heavy attacks now have a significant amount of armour penetration by default. This means that quick attack spam is no longer maximum dps against all enemy types and you will have to mix in heavy attacks much more frequently. Some enemies like golems are so heavily armoured that using quick attacks against them is basically pointless. Similarly, high armour values on your gear now make a big dent in the incoming damage whereas in Vanilla they were useless and the only thing that mattered were the resistances on the gear.
Both of these changes together translate into very distinct melee combat playstyles depending on which Witcher set you are wearing, which is one of the best features of GM for me.
  • Light Armour: the Cat set provides the combat experience which is closest to Vanilla DM, with a few important tweaks. Firstly, because you have very little damage reduction, Quen is practically useless. It won't even fully absorb a light attack from a drowner. This combined with the change to the defensive techniques means that you actually have to be quick on your feet and good at dodging, you can only rely on your own skill. Secondly you can also mix in counters for increased dps once you are familiar with the attack patterns of the enemies. However you still have to dodge heavy attacks due to your lack of defence. This makes the Feline armour playstyle a skillful dance combining counters & dodging which is extremely fun, especially against bosses and small enemy groups.
  • Medium Armour: the Wolf set is a bit of a jack of all trades, master of none. It has less damage compared to the Cat but more defensive stats and armour. This essentially means that your playstyle is similar to the Cat but you reduce some of the risk and settle for a lesser reward. You still can't afford to counter heavy attacks, but at the same time the stamina penalties for sprinting and rolling are mostly irrelevant as the latter is only necessary to get out of the way of enemy AoE attacks. As a result you will be safer against large groups compared to the cat but will have to settle for reduced offensive capabilities.
  • Heavy Armour: the Bear set in GM presents a markedly different combat experience compared to vanilla. The quickest way to describe it is as an "immovable object". The stamina cost for dodging means that you will spend all of your time holding your ground and countering ALL enemy attacks (apart from AoE). The high armour value and damage resists mean that you can shrug off heavy attacks with ease. Combine this with talents that use adrenaline to heal you and an Ekkimara decoction to create a true tank build. However, due to the slow stamina regeneration signs are pretty much out of the question because every sign costs 10+ counter attacks leading to a big dps loss. This playstyle is extremely fun against groups of enemies because it allows you to combine defense with offense and simultaneously negate enemy damage. It also has its weaknesses - namely big enemies and bosses who make heavy use of area effect attacks, such as Griffins and Imlerith for example. Overall I didn't spend much time testing this playstyle in my run, but I found it very satisfying and fun. Definitely keen on using it for a complete playthrough in the future.
 
Another highlight of the GM combat enhancements are the 1v1 fist fights (seriously). They are much more challenging, fun and skill intensive due to the reworked stamina system. In Vanilla these were pretty formulaic - keep your distance from the opponent so that they only lunge with a heavy attack, which is easier to counter compared to the fast jabs. Counter it, throw a one-two and then rinse and repeat. In Ghost Mode you no longer have the stamina to consecutively counter all attacks and must spend some time in between counters to recover, which introduces a great deal of tension and makes the fights more skillful. Remember, dodging pauses your stamina regeneration so you don't have an easy way around this. Especially as many arenas are quite small which make this process challenging. Furthermore blocking jabs costs significantly less stamina, so if you're confident in countering the opponent's fast attacks you have a great opportunity to skill display. In addition group fist fights are a lot easier compared to Vanilla, because the opponents aren't health sponges. This is another great change in my book as those were pretty tedious and the fist fight system doesn't really work great for group combat.
 
Finally, to finish off this section, I would like to spend some time looking at enemy balance in the Blood & Wine expansion. There were several problems with it in my opinion, which overall decrease the quality of the experience.
  • Giant centipedes deal too much damage. Yes they are generally easy to avoid, however them one shotting a character in master crafted Feline Gear + Quen + Superior Insect Oil + Protective Coating + 600 hp green mutagen at full life seems excessive. I'd suggest a 30% damage nerf. For comparison, level appropriate Giant Centipedes hit harder than red skull cyclopses and werewolves.
  • High concentration of monsters which work badly with the reduced reaction times due to their instant attacks.
  • Arachnomorph damage seems to be balanced against them hitting you once when most of the time they double tap you, which enables 1 small spider to pretty much instantly kill you from full life if you make a mistake. Damage should be reduced by at least 40%.
  • The two Guardian Panthers in the Professor Moreau quest are extremely overtuned for when you face them and, as a consequence, require extremely cheesy strategies to beat.
  • Alps are probably the hardest enemies in the whole game. Thankfully you only have to fight them twice. The first one's alone and she's manageable, but the second involves you getting tag-teamed by a Bruxa as well and that one is quite painful. It's a good thing Dettlaff can mind control other "lesser" vampires, because otherwise one of those ginger vamps would easily wipe the floor with both him & Regis at the same time.
 

Items and crafting

  • Witcher set bonuses now scale with the number of pieces equipped rather than being binary. Bonuses also apply from the lowest set tier and not just Grandmaster level. This is a good change in my book as they diversify your combat style from an earlier stage of the game. Set swords are no longer the best weapons for their level requirement, so exploring the world and doing contracts for relics feels much more rewarding.
  • The weapon & armour upgrade kits, sold by master craftsmen, are a great addition to the game. They allow you to increase the base damage/armour of your equipment by increasing its level requirement by 1 (i.e. the Aerondight effect). This enables you to make use of those special relic swords like: Hjalmar's Steel Sword, Pang of Conscience, Blade of the Bits, Winter's Blade etc. from the moment you obtain them to as long as you wish. This means that you must only pick a weapon based on if its secondary stats have synergy with your build, and this opens up a lot of choices and min-maxing.
  • Speaking of special relic swords, these now have significantly improved secondary stats which makes them stand out from the generic random relics. Depending on your build you will probably end up using one of these for most of your playthrough. It feels great to get a "special" sword reward for a quest which is actually useful and not vendor fodder like in Vanilla.
  • Equipment crafting now requires significantly less materials, so you are no longer forced to dismantle an entire army's worth of arsenal to craft something. Unfortunately the craftsmen will now rip you off much harder, comparatively to Vanilla, with their fees. So if you want to unlock all the levels of the Runewright and deck out Corvo Bianco in the various Witcher sets you will still have to pick up and vendor massive amounts of loot.
  • Crafting costs of random weapons in the early game, before you can access sets and contract relics, are prohibitively expensive.
  • White Gull isn't so difficult to produce anymore as it doesn't require Redanian Herbal and you can craft the Mandrake Cordial yourself, white honey now comes with more charges - both are nice QoL changes.
  • Potions and bombs require significantly less ingredients, so theoretically you would need to spend less time picking flowers. However considering that you could buy most of these cheaply from herbalists in the vanilla game (and still can) this change is more or less irrelevant in practice.
Cooking recipes are a good addition to the immersion in my experience. A witcher on the path should be able to cook himself a meal while squatting in some untamed wilderness. Unfortunately, in practice I did not use these recipes at all after leaving White Orchard. There are a few problems with the current implementation:
  • Food & drink healing is not balanced according to the amount of ingredients required to produce. For example, right at the start of the game you can learn how to make apple juice which is in the top tier of drink healing and costs next to nothing to make, in contrast with other much more expensive drink recipes which very often heal for less. Food recipes require way too many ingredients (the vast majority of which must be bought) and offer sub par healing in comparison.
  • Human enemies in Velen and onwards drop way too much food, often between 2-3 pieces each. Why should I waste money buying ingredients and cooking when I could obtain something nearly as good for free?
  • Coking recipes are too expensive for what they offer. They could use a 50% coin cost reduction across the board. Food recipes should require less ingredients. There should be more distinct healing "tiers" for different food & drink, less total recipes and bandits should drop less grub to incentivise people to interact with the system.
 

Nitpicking

  • Enemies focusing more on NPCs during combat (if present) makes certain escort quests significantly more annoying on Death March: namely the Black Pearl and the Skellige mine clearing duo. Those NPCs could use a buff to their survivability.
  • All wolves/dogs & boars are significantly weaker compared to the vanilla game. Probably a design decision, but it feels out of place since all other enemies are harder. Wolves in the Land of a Thousand Fables do have level appropriate stats unlike all their siblings for some reason.
  • Kinks to the extra books/notes feature: fist fight quests keep giving you the same note after a brawl for every brawl, many texts are given out at weird times. For example, right at the beginning of some action sequence.
  • Early game bosses and contract monsters (level req < 15) could use a modest health reduction to prevent boredom. Later on the only enemy that felt too "health spongy" was Iris' nightmare. Those Olgierds could use a health reduction because at the moment the fight is quite repetitive, lacks the atmosphere of the burning manor fight and so becomes a bit tedious.
  • The base Yrden duration is too short and makes fighting Wraith bosses extremely tedious early on, until you get Enhanced or preferably Superior Moon Dust.
  • Superior Cursed Oil now requires berserker skin which is not obtainable in Skellige if you investigate the massacre with Ceris. Previously there was a bug where berserkers spawned near Kaer Morhen, but this seems to be fixed in the newest version. The only place I found berserker skin in the whole game was in the Borsodi vault (?), dropped by one of his guardsmen (??). Either put a copy of the ingredient somewhere in the Vildkaarls' village, or change it to some other more lore appropriate place. The current location makes no sense.
  • The inventory weight system is at best a sidegrade to Vanilla. Yes, it is unrealistic that Geralt is able to hold all these weightless ingredients in Roach's saddlebags. So this mod now gives them weight and forces you to regularly deposit all your ingredients in the stash. Then to access them more conveniently every time you are at an appropriate vendor (alchemist/blacksmith/armourer) Geralt is able to telepathically access said stash to obtain the ingredients. To me it seems like one unrealistic element was simply replaced with a different one equally as unrealistic, so what's the point?
    • In all fairness you can reduce the weight of all items from the mod options, but that slider leads to even more immersion problems. Because if you wish to compensate for the weight on all the ingredients you have to turn up the slider so much that all the swords and armour now weigh practically nothing as well. A better solution would be keeping the weight slider and adding a check box for "Zero ingredient weight", or just using the vanilla weight system because the current implementation isn't a clear improvement.
  • I find the name of the mod to be a bit unfortunate, since it has nothing to do with any of the content. Makes you wonder if it's one of the reasons why it is not more popular.
  • Grapeshot seems to deal insignificant damage to higher level enemies. Superior version of it hits arachas for 5 damage with an aimed shot for example. Even without bomb talents it shouldn't be this weak.
  • Aerondight has lost a great deal of its unique flavour (all items can now be upgraded) and the nerf to its secondary stats was too great. Before it would give 10% attack power per stack, up to 10 stacks, now this has been reduced to 5% crit damage. For comparison, random relic swords can spawn with 60%+ critical damage and have 4 other secondary stats as well. Not to mention free sockets, which cost ~8000 gold for Aerondight. Finally, while the bonus at maximum stacks is still great it's now harder to maintain due to the decreased enemy reaction time, is basically non-existent against all the instant attack foes (and for heavy armour builds) and has overlap with several consumables (thunderbolt potion & oils now give crit chance) and talents which reduces its effectiveness even further. Overall the sword feels underwhelming and not worth using.
  • Olgierd's sabre, Iris, no longer gains charges when enemies block your attacks and doesn't buff the damage of the fast attacks. To compensate it now deals 10% of target's maximum life in addition to the other bonus damage when charged. I was very excited to use this sword with the new item upgrade kits and was left moderately disappointed. The life loss penalty is still too big and basically forces you into using Katakan decoction which doesn't feel great. Furthermore, to charge the sword you must deliver 3 successful fast attacks in succession. Against armoured enemies this feels horrible as you're effectively whacking them with a wet noodle until you can charge the finisher. In addition, humans are much more likely to dodge your attacks compared to before causing you to often whiff on the charged strong attack while still paying the health cost. Overall the sword is still worth using and feels satisfying with the Severance runeword, however I would like to see some quality of life change: for example halving the health penalty.
  • This mod breaks the following achievements: equipping a full witcher set (Armed and Dangerous), equipping all the grandmaster set pieces (Dressed to Kill), equipping Aerondight (Embodiment of the Five Virtues). Tested on GoG. Probably irrelevant for 99% of people, but worth mentioning.
  • The Undvik set has less armour than the basic Feline set, despite having a higher level requirement and being heavy armour.
  • Superior Full Moon heal, based on current toxicity, either does not work or heals a minuscule amount.
  • Kill count bestiary section feels a bit too arcade-y and gimmicky for my tastes. Would prefer it hidden at the bottom of the list and collapsed by default or, better yet, an optional toggle in the mod options if possible.
 

Scoring (TLDR)

I will now attempt to rate this mod based on an arbitrary scale I just made up. A score of 5/10 means that overall the mod neither improves nor deteriorates the experience when compared to the original game. A higher score than that is good, lower is bad.
  • -1 for the fast reaction times on enemies with instantaneous attack animations (and the fact that this hasn't been fixed for so long) and the balancing issues of Blood & Wine.
  • -0.5 for the overall lowered quality of the combat experience: namely its feel, flow & realism.
  • -0.5 for all the points listed in the Nitpick section.
  • -0.5 for the experience penalty system which promotes meta-gaming and for the subpar support of the NG+ mode
Overall: 7.5/10. Despite the occasional hiccups I thoroughly enjoyed my playthrough with Ghost Mode. I found the mod to be an overall improvement to the base game and definitely recommend it.
 

Never Asked Questions

Q: What difficulty should I play on?
A:
  • You are looking for a similar challenge to vanilla Death March or early game B&BB, to see if you like the other gameplay changes? Story & Sword. If you don't care about the combat then I would suggest that you also reduce monster damage from the mod options.
  • You played on Death March from level 1 and found it too easy? Blood and Broken Bones.
  • You played on Death March from level 1 with self-imposed limitations such as: no Quen, not using set swords, deliberately skipping some of the best talents and found it too easy? Death March.
 
Q: What build did you use?
A: Combat/Alchemy - GM Death March
I went for delusion & poisoned blades first. Muscle memory & strength training second, then back to alchemy for protective coating, afterwards filled out the combat tree. Undying was only equipped once the first B&W skill slot was unlocked and I could move an alchemy skill there, on lower difficulty levels I would replace it with Razor Focus. Delusion is optional. I pick it mostly for RP reasons although the extra stamina regen is nice, especially early on. If you don't want to use it then replace it with the Synergy skill from the alchemy tree.
 
Q: Any other interesting stats/tidbits from your run?
A:
  • Hardest 1v1 fight: werewolf outside of the Whispering Hillock, ~10 deaths.
  • Other boss fights with number of deaths in parenthesis: WO Griffin (1), Imlerith (2), Toad Prince (0), Olgierd (3), Caretaker (1), Olgierds (2), Caranthir (0), Eredin (1), Dettlaff (0)
  • Hardest group fight: arachas cave south west of Harviken on Faroe, 8 deaths.
  • Found the "Tor Zirael" sword for the first time ever in 4 playthroughs, not sure if finally lucky or spawn chance increased in the mod. Unfortunately, stats wise it's still rubbish.
submitted by Paskoff to witcher [link] [comments]

The Nexus FAQ - part 1

Full formatted version: https://docs.google.com/document/d/16KKjVjQH0ypLe00aoTJ_hZyce7RAtjC5XHom104yn6M/
 

Nexus 101:

  1. What is Nexus?
  2. What benefits does Nexus bring to the blockchain space?
  3. How does Nexus secure the network and reach consensus?
  4. What is quantum resistance and how does Nexus implement this?
  5. What is Nexus’ Unified Time protocol?
  6. Why does Nexus need its own satellite network?
 

The Nexus Currency:

  1. How can I get Nexus?
  2. How much does a transaction cost?
  3. How fast does Nexus transfer?
  4. Did Nexus hold an ICO? How is Nexus funded?
  5. Is there a cap on the number of Nexus in existence?
  6. What is the difference between the Oracle wallet and the LLD wallet?
  7. How do I change from Oracle to the LLD wallet?
  8. How do I install the Nexus Wallet?
 

Types of Mining or Minting:

  1. Can I mine Nexus?
  2. How do I mine Nexus?
  3. How do I stake Nexus?
  4. I am staking with my Nexus balance. What are trust weight, block weight and stake weight?
 

Nexus 101:

1. What is Nexus (NXS)?
Nexus is a digital currency, distributed framework, and peer-to-peer network. Nexus further improves upon the blockchain protocol by focusing on the following core technological principles:
Nexus will combine our in-development quantum-resistant 3D blockchain software with cutting edge communication satellites to deliver a free, distributed, financial and data solution. Through our planned satellite and ground-based mesh networks, Nexus will provide uncensored internet access whilst bringing the benefits of distributed database systems to the world.
For a short video introduction to Nexus Earth, please visit this link
 
2. What benefits does Nexus bring to the blockchain space?
As Nexus has been developed, an incredible amount of time has been put into identifying and solving several key limitations:
Nexus is also developing a framework called the Lower Level Library. This LLL will incorporate the following improvements:
For information about more additions to the Lower Level Library, please visit here
 
3. How does Nexus secure the network and reach consensus?
Nexus is unique amongst blockchain technology in that Nexus uses 3 channels to secure the network against attack. Whereas Bitcoin uses only Proof-of-Work to secure the network, Nexus combines a prime number channel, a hashing channel and a Proof-of-Stake channel. Where Bitcoin has a difficulty adjustment interval measured in weeks, Nexus can respond to increased hashrate in the space of 1 block and each channel scales independently of the other two channels. This stabilizes the block times at ~50 seconds and ensures no single channel can monopolize block production. This means that a 51% attack is much more difficult to launch because an attacker would need to control all 3 channels.
Every 60 minutes, the Nexus protocol automatically creates a checkpoint. This prevents blocks from being created or modified dated prior to this checkpoint, thus protecting the chain from malicious attempts to introduce an alternate blockchain.
 
4. What is quantum resistance and how does Nexus implement it?
To understand what quantum resistance is and why it is important, you need to understand how quantum computing works and why it’s a threat to blockchain technology. Classical computing uses an array of transistors. These transistors form the heart of your computer (the CPU). Each transistor is capable of being either on or off, and these states are used to represent the numerical values 1 and 0.
Binary digits’ (bits) number of states depends on the number of transistors available, according to the formula 2n, where n is the number of transistors. Classical computers can only be in one of these states at any one time, so the speed of your computer is limited to how fast it can change states.
Quantum computers utilize quantum bits, “qubits,” which are represented by the quantum state of electrons or photons. These particles are placed into a state called superposition, which allows the qubit to assume a value of 1 or 0 simultaneously.
Superposition permits a quantum computer to process a higher number of data possibilities than a classical computer. Qubits can also become entangled. Entanglement makes a qubit dependant on the state of another, enabling quantum computing to calculate complex problems, extremely quickly.
One such problem is the Discrete Logarithm Problem which elliptic curve cryptography relies on for security. Quantum computers can use Shor’s algorithm to reverse a key in polynomial time (which is really really really fast). This means that public keys become vulnerable to quantum attack, since quantum computers are capable of being billions of times faster at certain calculations. One way to increase quantum resistance is to require more qubits (and more time) by using larger private keys:
Bitcoin Private Key (256 bit) 5Kb8kLf9zgWQnogidDA76MzPL6TsZZY36hWXMssSzNydYXYB9KF
Nexus Private Key (571 bit) 6Wuiv513R18o5cRpwNSCfT7xs9tniHHN5Lb3AMs58vkVxsQdL4atHTF Vt5TNT9himnCMmnbjbCPxgxhSTDE5iAzCZ3LhJFm7L9rCFroYoqz
Bitcoin addresses are created by hashing the public key, so it is not possible to decrypt the public key from the address; however, once you send funds from that address, the public key is published on the blockchain rendering that address vulnerable to attack. This means that your money has higher chances of being stolen.
Nexus eliminates these vulnerabilities through an innovation called signature chains. Signature chains will enable access to an account using a username, password and PIN. When you create a transaction on the network, you claim ownership of your signature chain by revealing the public key of the NextHash (the hash of your public key) and producing a signature from the one time use private key. Your wallet then creates a new private/public keypair, generates a new NextHash, including the corresponding contract. This contract can be a receive address, a debit, a vote, or any other type of rule that is written in the contract code.
This keeps the public key obscured until the next transaction, and by divorcing the address from the public key, it is unnecessary to change addresses in order to change public keys. Changing your password or PIN code becomes a case of proving ownership of your signature chain and broadcasting a new transaction with a new NextHash for your new password and/or PIN. This provides the ability to login to your account via the signature chain, which becomes your personal chain within the 3D chain, enabling the network to prove and disprove trust, and improving ease of use without sacrificing security.
The next challenge with quantum computers is that Grover’s algorithm reduces the security of one-way hash function by a factor of two. Because of this, Nexus incorporates two new hash functions, Skein and Keccak, which were designed in 2008 as part of a contest to create a new SHA3 standard. Keccak narrowly defeated Skein to win the contest, so to maximize their potential Nexus combines these algorithms. Skein and Keccak utilize permutation to rotate and mix the information in the hash.
To maintain a respective 256/512 bit quantum resistance, Nexus uses up to 1024 bits in its proof-of-work, and 512 bits for transactions.
 
5. What is the Unified Time protocol?
All blockchains use time-stamping mechanisms, so it is important that all nodes operate using the same clock. Bitcoin allows for up to 2 hours’ discrepancy between nodes, which provides a window of opportunity for the blockchain to be manipulated by time-related attack vectors. Nexus eliminates this vulnerability by implementing a time synchronization protocol termed Unified Time. Unified Time also enhances transaction processing and will form an integral part of the 3D chain scaling solution.
The Unified Time protocol facilitates a peer-to-peer timing system that keeps all clocks on the network synchronized to within a second. This is seeded by selected nodes with timestamps derived from the UNIX standard; that is, the number of seconds since January 1st, 1970 00:00 UTC. Every minute, the seed nodes report their current time, and a moving average is used to calculate the base time. Any node which sends back a timestamp outside a given tolerance is rejected.
It is important to note that the Nexus network is fully synchronized even if an individual wallet displays something different from the local time.
 
6. Why does Nexus need its own satellite network?
One of the key limitations of a purely electronic monetary system is that it requires a connection to the rest of the network to verify transactions. Existing network infrastructure only services a fraction of the world’s population.
Nexus, in conjunction with Vector Space Systems, is designing communication satellites, or cubesats, to be launched into Low Earth Orbit in 2019. Primarily, the cubesat mesh network will exist to give Nexus worldwide coverage, but Nexus will also utilize its orbital and ground mesh networks to provide free and uncensored internet access to the world.
 

The Nexus Currency (NXS):

1. How can I get Nexus?
There are two ways you can obtain Nexus. You can either buy Nexus from an exchange, or you can run a miner and be rewarded for finding a block. If you wish to mine Nexus, please follow our guide found below.
Currently, Nexus is available on the following exchanges:
Nexus is actively reaching out to other exchanges to continue to be listed on cutting edge new financial technologies..
 
2. How much does a transaction cost?
Under Nexus, the fee structure for making a transaction depends on the size of your transaction. A default fee of 0.01 NXS will cover most transactions, and users have the option to pay higher fees to ensure their transactions are processed quickly.
When the 3D chain is complete and the initial 10-year distribution period finishes, Nexus will absorb these fees through inflation, enabling free transactions.
 
3. How fast does Nexus transfer?
Nexus reaches consensus approximately every ~ 50 seconds. This is an average time, and will in some circumstances be faster or slower. NXS currency which you receive is available for use after just 6 confirmations. A confirmation is proof from a node that the transaction has been included in a block. The number of confirmations in this transaction is the number that states how many blocks it has been since the transaction is included. The more confirmations a transaction has, the more secure its placement in the blockchain is.
 
4. Did Nexus hold an ICO? How is Nexus funded?
The Nexus Embassy, a 501(C)(3) not-for-profit corporation, develops and maintains the Nexus blockchain software. When Nexus began under the name Coinshield, the early blocks were mined using the Developer and Exchange (Ambassador) addresses, which provides funding for the Nexus Embassy.
The Developer Fund fuels ongoing development and is sourced by a 1.5% commission per block mined, which will slowly increase to 2.5% after 10 years. This brings all the benefits of development funding without the associated risks.
The Ambassador (renamed from Exchange) keys are funded by a 20% commission per block reward. These keys are mainly used to pay for marketing, and producing and launching the Nexus satellites.
When Nexus introduces developer and ambassador contracts, they will be approved, denied, or removed by six voting groups namely: currency, developer, ambassador, prime, hash, and trust.
Please Note: The Nexus Embassy reserves the sole right to trade, sell and or use these funds as required; however, Nexus will endeavor to minimize the impact that the use of these funds has upon the NXS market value.
 
5. Is there a cap on the number of NXS in existence?
After an initial 10-year distribution period ending on September 23rd, 2024, there will be a total of 78 million NXS. Over this period, the reward gradient for mining Nexus follows a decaying logarithmic curve instead of the reward halving inherent in Bitcoin. This avoids creating a situation where older mining equipment is suddenly unprofitable, encouraging miners to continue upgrading their equipment over time and at the same time reducing major market shocks on block halving events.
When the distribution period ends, the currency supply will inflate annually by a maximum of 3% via staking and by 1% via the prime and hashing channels. This inflation is completely unlike traditional inflation, which degrades the value of existing coins. Instead, the cost of providing security to the blockchain is paid by inflation, eliminating transaction fees.
Colin Cantrell - Nexus Inflation Explained
 
6. What is the difference between the LLD wallet and the Oracle wallet?
Due to the scales of efficiency needed by blockchain, Nexus has developed a custom-built database called the Lower Level Database. Since the development of the LLD wallet 0.2.3.1, which is a precursor to the Tritium updates, you should begin using the LLD wallet to take advantage of the faster load times and improved efficiency.
The Oracle wallet is a legacy wallet which is no longer maintained or updated. It utilized the Berkeley DB, which is not designed to meet the needs of a blockchain. Eventually, users will need to migrate to the LLD wallet. Fortunately, the wallet.dat is interchangeable between wallets, so there is no risk of losing access to your NXS.
 
7. How do I change from Oracle to the LLD wallet?
Step 1 - Backup your wallet.dat file. You can do this from within the Oracle wallet Menu, Backup Wallet.
Step 2 - Uninstall the Oracle wallet. Close the wallet and navigate to the wallet data directory. On Windows, this is the Nexus folder located at %APPDATA%\Nexus. On macOS, this is the Nexus folder located at ~/Library/Application Support/Nexus. Move all of the contents to a temporary folder as a backup.
Step 3 - Copy your backup of wallet.dat into the Nexus folder located as per Step 2.
Step 4 - Install the Nexus LLD wallet. Please follow the steps as outlined in the next section. Once your wallet is fully synced, your new wallet will have access to all your addresses.
 
8. How do I install the Nexus Wallet?
You can install your Nexus wallet by following these steps:
Step 1 - Download your wallet from www.nexusearth.com. Click the Downloads menu at the top and select the appropriate wallet for your operating system.
Step 2 - Unzip the wallet program to a folder. Before running the wallet program, please consider space limitations and load times. On the Windows OS, the wallet saves all data to the %APPDATA%\Nexus folder, including the blockchain, which is currently ~3GB.
On macOS, data is saved to the ~/Library/Application Support/Nexus folder. You can create a symbolic link, which will allow you to install this information in another location.
Using Windows, follow these steps:
On macOS, follow these steps:
Step 3 (optional) - Before running the wallet, we recommend downloading the blockchain database manually. Nexus Earth maintains a copy of the blockchain data which can save hours from the wallet synchronization process. Please go to www.nexusearth.com and click the Downloads menu.
Step 4 (optional) - Extract the database file. This is commonly found in the .zip or .rar format, so you may need a program like 7zip to extract the contents. Please extract it to the relevant directory, as outlined in step 2.
Step 5 - You can now start your wallet. After it loads, it should be able to complete synchronization in a short time. This may still take a couple of hours. Once it has completed synchronizing, a green check mark icon will appear in the lower right corner of the wallet.
Step 6 - Encrypt your wallet. This can be done within the wallet, under the Settings menu. Encrypting your wallet will lock it, requiring a password in order to send transactions.
Step 7 - Backup your wallet.dat file. This can be done from the File menu inside the wallet. This file contains the keys to the addresses in your wallet. You may wish to keep a secure copy of your password somewhere, too, in case you forget it or someone else (your spouse, for example) ever needs it.
You should back up your wallet.dat file again any time you create – or a Genesis transaction creates (see “staking” below) – a new address.
 

Types of Mining or Minting:

1.Can I mine Nexus?
Yes, there are 2 channels that you can use to mine Nexus, and 1 channel of minting:
Prime Mining Channel
This mining channel looks for a special prime cluster of a set length. This type of calculation is resistant to ASIC mining, allowing for greater decentralization. This is most often performed using the CPU.
Hashing Channel
This channel utilizes the more traditional method of hashing. This process adds a random nonce, hashes the data, and compares the resultant hash against a predetermined format set by the difficulty. This is most often performed using a GPU.
Proof of Stake (nPoS)
Staking is a form of mining NXS. With this process, you can receive NXS rewards from the network for continuously operating your node (wallet). It is recommended that you only stake with a minimum balance of 1000 NXS. It’s not impossible to stake with less, but it becomes harder to maintain trust. Losing trust resets the interest rate back to 0.5% per annum.
 
2. How do I mine Nexus?
As outlined above, there are two types of mining and 1 proof of stake. Each type of mining uses a different component of your computer to find blocks, the CPU or the GPU. Nexus supports CPU and GPU mining on Windows only. There are also third-party macOS builds available.
Please follow the instructions below for the relevant type of miner.
 
Prime Mining:
Almost every CPU is capable of mining blocks on this channel. The most effective method of mining is to join a mining pool and receive a share of the rewards based on the contribution you make. To create your own mining facility, you need the CPU mining software, and a NXS address. This address cannot be on an exchange. You create an address when you install your Nexus wallet. You can find the related steps under How Do I Install the Nexus Wallet?
Please download the relevant miner from http://nexusearth.com/mining.html. Please note that there are two different miner builds available: the prime solo miner and the prime pool miner. This guide will walk you through installing the pool miner only.
Step 1 - Extract the archive file to a folder.
Step 2 - Open the miner.conf file. You can use the default host and port, but these may be changed to a pool of your choice. You will need to change the value of nxs_address to the address found in your wallet. Sieve_threads is the number of CPU threads you want to use to find primes. Ptest_threads is the number of CPU threads you want to test the primes found by the sieve. As a general rule, the number of threads used for the sieve should be 75% of the threads used for testing.
It is also recommended to add the following line to the options found in the .conf file:
"experimental" : "true"
This option enables the miner to use an improved sieve algorithm which will enable your miner to find primes at a faster rate.
Step 3 - Run the nexus_cpuminer.exe file. For a description of the information shown in this application, please read this guide.
 
Hashing:
The GPU is a dedicated processing unit housed on-board your graphics card. The GPU is able to perform certain tasks extremely well, unlike your CPU, which is designed for parallel processing. Nexus supports both AMD and Nvidia GPU mining, and works best on the newer models. Officially, Nexus does not support GPU pool mining, but there are 3rd party miners with this capability.
The latest software for the Nvidia miner can be found here. The latest software for the AMD miner can be found here. The AMD miner is a third party miner. Information and advice about using the AMD miner can be found on our Slack channel. This guide will walk you through the Nvidia miner.
Step 1 - Close your wallet. Navigate to %appdata%\Nexus (~/Library/Application Support/Nexus on macOS) and open the nexus.conf file. Depending on your wallet, you may or may not have this file. If not, please create a new txt file and save it as nexus.conf
You will need to add the following lines before restarting your wallet:
Step 2 - Extract the files into a new folder.
Step 3 - Run the nexus.bat file. This will run the miner and deposit any rewards for mining a block into the account on your wallet.
For more information on either Prime Mining or Hashing, please join our Slack and visit the #mining channel. Additional information can be found here.
 
3. How do I stake Nexus?
Once you have your wallet installed, fully synchronized and encrypted, you can begin staking by:
After you begin staking, you will receive a Genesis transaction as your first staking reward. This establishes a Trust key in your wallet and stakes your wallet balance on that key. From that point, you will periodically receive additional Trust transactions as further staking rewards for as long as your Trust key remains active.
IMPORTANT - After you receive a Genesis transaction, backup your wallet.dat file immediately. You can select the Backup Wallet option from the File menu, or manually copy the file directly. If you do not do this, then your Nexus balance will be staked on the Trust key that you do not have backed up, and you risk loss if you were to suffer a hard drive failure or other similar problem. In the future, signature chains will make this precaution unnecessary.
 
4. I am staking with my Nexus balance. What are interest rate, trust weight, block weight, and stake weight?
These items affect the size and frequency of staking rewards after you receive your initial Genesis transaction. When staking is active, the wallet displays a clock icon in the bottom right corner. If you hover your mouse pointer over the icon, a tooltip-style display will open up, showing their current values.
Please remember to backup your wallet.dat file (see question 3 above) after you receive a Genesis transaction.
Interest Rate - The minting rate at which you will receive staking rewards, displayed as an annual percentage of your NXS balance. It starts at 0.5%, increasing to 3% after 12 months. The rate increase is not linear but slows over time. It takes several weeks to reach 1% and around 3 months to reach 2%.
With this rate, you can calculate the average amount of NXS you can expect to receive each day for staking.
Trust Weight - An indication of how much the network trusts your node. It starts at 5% and increases much more quickly than the minting (interest) rate, reaching 100% after one month. Your level of trust increases your stake weight (below), thus increasing your chances of receiving staking transactions. It becomes easier to maintain trust as this value increases.
Block Weight - Upon receipt of a Genesis transaction, this value will begin increasing slowly, reaching 100% after 24 hours. Every time you receive a staking transaction, the block weight resets. If your block weight reaches 100%, then your Trust key expires and everything resets (0.5% interest rate, 5% trust weight, waiting for a new Genesis transaction).
This 24-hour requirement will be replaced by a gradual decay in the Tritium release. As long as you receive a transaction before it decays completely, you will hold onto your key. This change addresses the potential of losing your trust key after months of staking simply because of one unlucky day receiving trust transactions.
Stake Weight - The higher your stake weight, the greater your chance of receiving a transaction. The exact value is a derived by a formula using your trust weight and block weight, which roughly equals the average of the two. Thus, each time you receive a transaction, your stake weight will reset to approximately half of your current level of trust.
submitted by scottsimon36 to nexusearth [link] [comments]

Best binary options brokers with low minimum deposit  Update 6.01.2020 Binary Options Brokers with Minimum Deposit - 100 Dollar Open Account Best Binary Options Brokers With Minimum Deposit Watch Optionsxo Review - $25 No Deposit Bonus And Low Binary Options Minimum Deposit $50 Binary Options No Deposit Bonus - at OptionMint

Binary Options With Minimum Deposit. Binary options trading is an incredibly popular way of making money; it enables any interested user to get stable income remotely from home. You only need internet access and a wish to develop your skills in binary options trading and get more money. However, it is binary options that is the most accessible Binary.com – Start trading binary options with $5. For binary options trading the Binary.com is the oldest platform among all. To open an account with Binary.com you need to deposit with the amount $5 and this company with innovative products is developer in trading. The company keeps the clients funds in banks with AAA rates and ensures you with the complete safety on all the deposits, no $10 minimum deposit binary options broker list. IQoption is a the broker with the lowest minimum deposit. Deposit brokers with $10, $20, $50, $100 or more. Binary Options Minimum Deposit Trading in binary options provides the potential to earn a good rate of return on your investments. In addition the way this type of trading is established allows you to make lots of short trades every day, increasing the opportunities for making a good level of profit. FX. Still, some brokers offer binary options no deposit bonus as free trades, which, though, is also a kind of financial gift. If you want to try your hand top 5 binary option robot minimum deposit at binary options for the first time, then the minimum deposit requirements should interest you.

[index] [3975] [88] [24704] [3592] [14658] [14474] [25481] [4409] [10784] [2987]

Best binary options brokers with low minimum deposit Update 6.01.2020

This is Best binary options brokers with low minimum deposit. This broker name is Expert Option. Expert Option broker always give you right time signal for Sale and buy. If you are find for a good ... Binary Options No Minimum Deposit - Forex Binary Options Demo Account 2014. ... What is the Best Binary Options Expert Advisor The Real Money Binary Options EA for 2014 - Duration: ... In this video, you will find a list of the best binary options brokers, their minimum deposit and payment percentage. Binary Options Broker BDSWISS Minimum deposit Binary.com Minimum deposit IQ ... Small Minimum Deposit – 5$ Low Minimum Trade Size – 1$ Free Demo Account Up To 95% Profit / 30 Second Turbo Trades ... binary options trading usa, binary options, binary options trading, binary options minimum deposit how to auto trade binary options binary options trading system what are auto binary options binary options broker review optionsxo no deposit bonus best binary ...

Flag Counter