Bitcoin Forum

http://charts.nxtcrypto.org/cDistributionTopAccount.aspx

Total supply of NXT was 999,997,096 and now it's 1,003,000,000+

Somebody found a way to create more NXT (600,000 NXT to 4 million) and have it accepted by the system.   NXT is no longer finite but now has Doge inflation until the hacker is caught and stopped.

Sure you don't mean 6,000 not 600,000?

No it's at least 600,000.  It could be as much as 4 million NXT based on what the total supply was for months (if this hacking went unnoticed for months)

I'm confused since the difference is > 3M.  Regardless, that seems to just be the top 1000 accounts so all it would mean is that the coins moved up into the top 1000.  Or do you have any actual information that there is some hack?

You do know that NXT was never supposed to go past 1 billion coins, right?  There's more than 1 billion now.

Someone is creating forged coins that is being accepted and they are cashing them out.

Or the graph on that site is bugged.

I wonder...

No, I wasn't aware of that.  Forging just pays the forgers the transaction fees right?  So it's not like staking where there would be a slow increase in the total amount of coins?

Staking in NXT is based on all the accumulated transaction fees, there is no inflation to the total supply.

Mad news! How could this happen? ???

Never a boring day in the cryptoworld

Wierd...think it's a lot more likely to be a glitch in the sites reporting than a hack to create new NXT though.
But TS is completely right, there sould never be more that 999,997,096 NXT, since one billion where created at Genesis, then a few NXT were lost in an accident.

Needs to be checked out, anyhow...... heres NXTReporting for overall NXT stats:
http://nxtreporting.com/stats.php

Either explanation should be resolved.. web site code bug or coin code issue etc

Its a buggy calculation. The owners are already aware.

funny, before having a look in the blockchain, where the truth is, you open a thread based on what you see on 1 external website.

Threads like this one are the reason why we should never put so much trust in one place.

No press is bad press, thank you TaunSew :)

Maybe I am out of the new laws of this subforum by saying this but....let's go:


TaunSew, you are retarded.

I believe that is a bug occur on the site calculation.

Please check your distribution here https://nxtblocks.info/#section/blockexplorer_distribution

Taunsew, you are so embarrassing. :D

If true, it must suck to be holding NXT. I never seemed to trust the whole system especially how they were distributed at the "IPO".

I don't think even Terrorist group ISIS wants to use some IPO coin for their terrorist attack "crowd-funding"

and i am, sure it does suck to be holding NXT ..glad i'm not  8)
i'm smart though i don't invest in gay coins.. i won't be caught naked jacking it in San Diego !

Smoothie, you are a funny guy!  :D Hours and hours of trolling and FUD in this forum, are you getting paid for this shit?  ::)

you must be mad guys to hold moneros and maxcoins @ smoothie and spoetnik :D

They must be crapping their pants here and there, but there is an exit. NXT loves everyone and says welcome :D

http://nxtreporting.com/stats.php

Available NXT Supply:    999'996'398 NXT        26'111'228 USD

TS, why should I ever take anything you have to say seriously ever again?

Sometimes you're on the verge of making an intelligent point and then you undo any credibility you may have once had by continuing to post unfounded horse cockery, on a near daily basis.

Could you change the thread title and update the OP to let people know NXT has not been hacked? It would avoid stressing people out and forcing them to read half the thread before they find out NXT has not been hacked?

People should get used to threads posting FUD on NXT and not get stressed out about them. It takes some experience and consumption of enough FUD before you have trained yourself, but that's the only way to deal with this shit.

Shit, if you actually believed the FUD threads about NXT...........

"Mos Eisley Spaceport. You will never find a more wretched hive of
scum and villainy. We must be cautious, änd do not buy any NXT"

Anyway, as usual, NXT not hacked, website reporting slightly screwy.

Coincidentally, this thread pops up at almost the same time:
https://bitcointalk.org/index.php?topic=809378.0

the possibility of a buggy website was completely overlooked in OP?

He's constantly trashing NXT, even though it is half the value of his favorite coin, NEM. He thinks if he can suppress NXT prices he can pick up cheaper NEMstake, but he's really just lowering the value of NEM.

TaunSewer FUD.