Maybe someone should create BullDoge on top of NXT  The stronger Doge. As a parody and as a show of force of NXT. Actually, please do - to garner some attention from the Doge crowd. Ha! +1 NextDoge |
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What does error mean in 0.7.2:
DEBUG: Block XXXXXXXXXXX not accepted. Previous block id doesn't match.
Getting these errors on TV stick public node.
Anyone? Do I need to worry about my public node? |
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What does error mean in 0.7.2:
DEBUG: Block XXXXXXXXXXX not accepted. Previous block id doesn't match.
Getting these errors on TV stick public node.
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In my mind I have another approach for trust, not using any rating system, using some "permanent account" to act like escrow. 1. Jon wants to sell "asset" for Sue for 100NXT 2. Jon push "sell", asset goes to "permanent account" 3. Sue push "buy", 100 NXT goes to "permanent account" 4. If both things arrived to "permanent account" then this account sends 100 NXT to Joe and "asset" to Sue. "Permanent account" is only for naming, can't find better description for now Does it sound stupid? Yes, but how would you implement this for real world items. When Jon pushes "Sell" he can't send 10 ounces of bullion through the internet, for example. This could be a decent way to send/recieve other cryptocurrecies, but who has the access to the escrow account in order to send the received BTC when Sue pushes "Buy", for example? It could be done for some things like other cryptos, but how do you make it p2p and secure? Real world commodity trade may be difficult with this approach. OK, this questions are for devs That was only conception. Just to be certain, I did not mean "yes" in my post "Does this sound stupid?" >_< Its a decent idea, but there is an issue in who controls the asset accounts. Unless I'm missing something, the only way we can send from the "permanent account" is if the account is controlled by a trusted escrow. It's doable, but makes it less decentralized. What might be interesting is to implement escrow right into the asset exchange, so that anyone can have a rated escrow account as well. For example: 1. Jon wants to sell "asset" for Sue for 100NXT but has little or no rating. 2. Jon push "sell", and sends the asset to a linked and highly rated escrow account 3. Sue pushes "buy", 100 NXT goes to the linked and highly rated escrows account 4. If both things arrived to account then this account sends the 100 NXT to Joe and asset to Sue. 5. Upon successful transaction, the escrow, Jon and Sue all +1 each other for a good trade, thus developing rep for Jon, Sue, and the escrow. Just an idea, still hard to implement the real world commodity part of the escrow, and maybe that would complicate it too much, but just an idea. Still, I think ratings of some sort could establish trust. As far as commodities go though, I think a system to easily implement dividends may prove useful, but I wonder the legal implications of such a thing. But a full peer-to-peer trading platform would be excellent. Edit: pardon me, I've derailed the thread to suggestions ... back to asset exchange testing. Ok, I'm not native English speaker, but try to explain my thoughts: This conception is suitable on things, which we can cross-chain in NXT. Most of them are crypto. "permanent account" or "escrow" I meant is hardcoded in protocol and serves only for collecting "assets" from both parties and release them to both parties. I mean if Sue push "buy", but Joe will not push "sell", assets goes back to Sue. If both push their buttons, escrow releases assets to both parties. Or something like this P.S. for a while I don't see how to use Asset Exchange for real world commodity EDIT: "permanent account" or "Escrow" could be the similar account we have today: Genesis account or account, collecting fees and sending them to block forgers. |
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In my mind I have another approach for trust, not using any rating system, using some "permanent account" to act like escrow. 1. Jon wants to sell "asset" for Sue for 100NXT 2. Jon push "sell", asset goes to "permanent account" 3. Sue push "buy", 100 NXT goes to "permanent account" 4. If both things arrived to "permanent account" then this account sends 100 NXT to Joe and "asset" to Sue. "Permanent account" is only for naming, can't find better description for now Does it sound stupid? Yes, but how would you implement this for real world items. When Jon pushes "Sell" he can't send 10 ounces of bullion through the internet, for example. This could be a decent way to send/recieve other cryptocurrecies, but who has the access to the escrow account in order to send the received BTC when Sue pushes "Buy", for example? It could be done for some things like other cryptos, but how do you make it p2p and secure? Real world commodity trade may be difficult with this approach. OK, this questions are for devs That was only conception. |
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Glad to see that the asset exchange feature is coming along. I have a proposal for the asset exchange feature. It can truly make decentralized peer to peer transactions/exchanges legitimate. I have been developing this idea ever since the asset exchange feature was first mentioned in NXT. Here it is.
Obviously there are dangers inherent within p2p transactions. The main issue here is the lack of trust, and the trust that is lost by not utilizing a third party. When transactions are non reversible, especially with no intervening regulatory figure, the willingness to exchange goods, services, or currencies becomes an issue. My idea to bypass these issues involves an escrow service, a rating system (similar to those on Ebay and Amazon) and the aliasing feature.
Lets say..
"Joe" wants to exchange something of value with "Sue" but Joe and Sue don't know each other. How can Joe trust Sue in receiving the item in question after Joe pays Sue? Well of course, they can utilize a third party escrow service, which will insure Joe will receive the item in question by transferring money to the escrow service.
But,
you may be asking, doesn't the escrow service defeat the purpose of a true p2p exchange? Yes it does. But it doesn't have to be permanent. This is where NXT can implement a rating based system attached to accounts or the alias' of an account. Think of it as someones credit score attached to a social security number. But within the NXT ecosystem, the credit score is a star based rating, and the social security # is the users NXT account.
Now revisiting Joe and Sue's transaction, they "must" now rate each other based on how well they serviced each other after the transaction has taken place. When Joe and Sue continue to build their "trust" rating with everyday users of NXT, they have the choice of opting out of the escrow service and they can start trading and exchanging with other users that have trustworthy reputable ratings. After people have built trustworthy ratings within the NXT ecosystem, users will now have a much better understanding of whom they are doing business with, and will establish the most efficient p2p exchange mechanism which no other
crypto-currency utilizes.
I hope you developers see the potential of this system, especially in a p2p environment that exchanges things of value.
NXT: 5464489754473015994
In my mind I have another approach for trust, not using any rating system, using some "permanent account" to act like escrow. 1. Jon wants to sell "asset" for Sue for 100NXT 2. Jon push "sell", asset goes to "permanent account" 3. Sue push "buy", 100 NXT goes to "permanent account" 4. If both things arrived to "permanent account" then this account sends 100 NXT to Joe and "asset" to Sue. "Permanent account" is only for naming, can't find better description for now Does it sound stupid? |
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+1000 We need it in very near future, don't wait for BCNext 3 plan |
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NXTsolaris doesn't run in PC at all. Even I cannot close it in normal way.
EDIT: running finally.
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Just to confirm, my public node on Android TV stick running on 0.7.2
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Why target % is so high in the last blocks?
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Guys, sorry for the super silly question. I read every post here but when i saw that FC was promoting NEM i ignored every post in which i see "NEM". Now i see that Utopianfuture is responsible for NEM and most of the active people here are in the staheholders' list of NEM (are they really? Anon? Come-from-beyond?). Will NEM have the same features like Nxt (especially transparent forging)? And the only difference will be the community and developers? I know I gotta be missing something and i sound silly but i have to ask. Thank you for the response!
NEM is a clone of Nxt created by Nxt insiders. So rather than improving on Nxt, these folks have decided to fork a clone of Nxt. With a "fairer" distribution stategy (in principle), u used to be very keen on fairness, as I recall. NEX does not involve Nxt insiders. nex seems to involve almost no-one. Love your dev thread, btwhttps://bitcointalk.org/index.php?topic=398461.msg4956801#msg4956801[/i] So Nxt folks condone NEM efforts because they are all buddies with them. And maybe because no-one on the NEM project has vowed to destroy NXT ? And we r buddies, u got some?
Nxt folks however take great efforts to criticize NEX because NEX folks aren't Nxt insiders. If u remember, FCs, you were the one who started this game.....
@eMule: u missed a great chance to kill NXT in the last 24 hours. One good hard dump from u could have started a panic sell, if u dumped hard like u are always promising us. Are u ever going to back up your talk with just a little bit of action? ok now i am piss off, i didnt want to kill next out of respect for the creators, but now i will dump it to hell. BUT on my terms and my timeline! Emule, are you rapping? |
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IPO ID: 93
TxID: 9046221091006279755
Type: NXT
Address: 1215916677171016246
Price: 30NXT
Amount: 30NXT
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with 0.7.0e [2014-02-07 12:57:56.176] DEBUG: Database cache size set to 126720 kB
[2014-02-07 12:57:58.927] Database is at level 6
[2014-02-07 12:57:58.928] Updated database is at level 6
[2014-02-07 12:57:59.077] Scanning blockchain...
stick the above for a moment ,then the cmd window disappear. any suggestion? TKS. I need to know what gets printed out before the crash. Start it from the command line, or somehow prevent that cmd window from disappearing too soon. I don't know how, I never use windows. put "pause" after command EDIT java -jar start.jar pause Something like this |
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Tonight I was thinking again about the fees. We should not change the fees already, it's not wise.
In this early fase of Nxt I hear nobody complaining about the high fees, mostly because not a lot of payments are done.
But I DO hear a lot of complaining about the joke of forging. In the early fase of a cryptocoin, the miners/investors are the most important people, they make a coins succesfull (look at Dogecoin). To get a lot of attention, we need to attract the miners and investors first!
Later when it gets more populair you can lower the fees!
Bump you have the casuality in reverse: few payments are done BECAUSE the fees are high. Really? The 1 fee, doesn't bother me at all. And there are very limited places where you can buy with NXT at this moment. I'm forging for 1,5 month 24/7 with a nice account, but when the fees drop, I think I will stop with an unlocked account. It isn't worth it anymore.  Nxt is completely unusable for micropayments and tips. The fees are so high that using a forging pool right now doesn't make sense if you don't have at least 100k NXT. It's a very serious design error, but the only sensible way forward is to have big and medium holders who forge not because it's profitable, but because it indirectly gives value to their holdings. Maybe someday the transaction volume will rise so much that it's going to become profitable again. Just look around. Nobody uses NXT. So much wasted potential. Where can you spend NXT today, except exchange? Post any place accepting NXT. |
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Is it full moon today? |
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