Getting importance back by deactivating delegated harvesting - and how to transfer vested coins

Tech Support
#1

I noticed by delegating harvesting with an “activate” it activates remote harvesting and I also “transfer” my importance. I suppose that means, that in exchange for the remote super node doing the harvesting I lose all my importance historically and moving forward. I decided I wanted to harvest locally (which apparently means STILL delegating the harvesting but to localhost when your local NIS is running) but I realized, uh oh, I lost all my importance forever :frowning: So I decided I would send a DEACTIVATE to the remote address - another 6 XEM lost. But I am not sure if the RETRIEVES my importance. In any event, I have not yet vested the 10000 - but it still allowed the importance transfer to happen both times. The question is for the SECOND transfer with a DEACTIVATE - did it give me my importance back?

Wow good thing I dont have an issue with self-importance :slight_smile: And does the NEM platform give you MORE transaction fees if you locally harvest vs delegated harvesting? It should! Better yet I want to have a COLD STORAGE nano ledger. Can I use a COLD STORAGE wallet account with 10k vested and delegate harvesting to my local nano-wallet account with under 10k in it? Does a 10k vested in one acccount transfer as VESTED when you send it to another account or do you LOSE all vesting just form the transfer?

#2

You never lose your POI due to activating delegated harvesting. If you deactivate or activate delegated harvesting, you will keep the same POI.

Delegated or local harvesting has no difference on your POI. Delegated harvesting is meant for cold wallets, like you mentioned.

#3

That’s odd because it’s called an importance transfer function what importance is being transferred then when you activate and deactivate the remote delegated harvesting I also understand that in order to locally Harvest you still need to delegate harvesting but to your local host is that true and then finally why do I have a zero importance if I’ve made some transactions already and have over 10,000. Do you have to have 10,000 vested nem just to start getting importance as well finally using now as the reference point in general with fifteen or Twenty Thousand nem how much nem are how much coin is being earned monthly on average using now as a reference point by having your local Miss turned on and shouldn’t one be rewarded more for using their local Miss than to delegate harvesting because you’re using your own electricity shouldn’t there be more of a war of a reward for using your local Miss rather than using a supernode delegated also it would be nice to become a supernode without having to have $300,000 worth of xem

#4

Yes it is an importance transfer, but you can always get your POI back for harvesting locally by deactivating delegated harvesting. You won’t ever ‘lose’ your importance, as you seemed to be worried about.

#5

Nodes hosted locally have proven to be not as reliable, due to poor consistency of bandwidth with most residential internet providers. I personally host my own nodes, and delegate harvest on them, with accounts I have stored offline.

#6

Ahh so I was right you do need to do another 6 XEM xfer with deadctivate to get it back. Quick question for “localhost” harvesting you ned to to do an importance transfer with activate to a custom key called “localhost” correct? I read that you need to do that with the NIS running and node set to lcoalhoset as well. But I did read that LOCAL harvesting is really delegated harvesting to local host. Is that true? It helps to use that nomenclature for setup if it is true. I did read that somethwere.

#7

no you are wrong.

local harvesting means you run your own NIS node which is also harvesting with one of your accounts. This means that the PC on which this node is running must run all the time so that you can harvest blocks.

delegated harvesting is a means of delegating the harvesting process for your account, to another node on the network. To proceed so you must first transfer your importance to a remote account. The remote account and remote node are 2 different terms. The first is where your Importance is forwarded to, the latter is a NIS node which executes the harvesting process for you.

selecting localhost as the node in delegated harvesting is not the only way to do local harvesting. it is only a way to avoid the use of the old wallet NCC.

#8

ahh so instead of “localhost” as custom key in the importance transfer in delegated harvesting setup - you use the account address of your cold storage wallet correct?

When you send coin from one account to another is the vested status transferred too or do you need to wait to vest all over again?

Still it would seem that one shoudl be rewarded more for local host setup?

Is it true that to become a super node you need 3 million XEM? How many local nodes are operating on average? I know only about 700 super nodes correct?

Kn

#9

local harvesting means you run your own NIS node which is also harvesting with one of your accounts.

This concept I understand.

The first is where your Importance is forwarded to, the latter is a NIS node which executes the harvesting process for you.

Yes I had read this too, that former account is also known as the “proxy” account. when the forwarding to node is a supernode, the remote account is a “proxy” account with no coins in it - right?

So on average, how many coins are garnered via transaction fees from a local NIS per month?

CAN YOU TRANSFER coins without losing the vesting on those coins from one account to a cold storage acct?

#10

Yes I had read this too, that former account is also known as the “proxy” account. when the forwarding to node is a supernode, the remote account is a “proxy” account with no coins in it - right?

The remote account does not receive your funds, only your Importance Score (PoI score). When you harvest a block, the fees go directly to your account, not to the remote account.

So on average, how many coins are garnered via transaction fees from a local NIS per month?

Can’t tell really, there is luck involved in the process of harvesting… A lot of variables to say whether you will hit a block, and when, etc. Your importance score is the biggest indicator of the probability to harvest a block.

CAN YOU TRANSFER coins without losing the vesting on those coins from one account to a cold storage acct?

No, This state cannot be transferred. Vesting of XEM balance is not tied to each XEM individually. vested simply means that the amount has been secured in some way, staying at least 24 hours in the wallet. Everyday 10% of your unvested balance gets vested.

When you transaction with XEM, the money gets out of your normal Balance and the vested amount is also updated. So whenever your send coins, your vested balance will also decrease. You then will need to wait 24 hours to have more vested (10 % of the unvested amount)