NXT was the first POS.
Peercoin aka PPCoin was the first PoS coin actually. NXT is the first "PoS 2.0" coin. Entire crypto 2.0 is debatable. Ripple was first crypto 2.0 and it set the standards (2 years ago). It offers instant transactions, ability to send any currency anywhere (you can send even USD, EUR, BTC, or airline points) instantly, asset exchange (where you have the ability to make your own order books in any currency you want), gateways (where anyone can become a gateway) etc etc. NXT so far managed only to copy asset exchange from ripple (but in next you cannot choose in which currency to list assets etc, nor can you make your own order books, its central exchange) and will try to copy gateways (but run by devs, not by anyone) and will try to copy instant transactions (but only in nxt, you cannot transfer other currencies). So NXT and other clones of ripple can be called crypto 1.1 only for now since they managed to copy only small part of Ripple so far. Ripple is centralised though so most people don't even consider it in the same category. Not that it isn't an interesting idea though.
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Before ever making a cold storage wallet, scan your pc thoroughly, use up2date antivirus, and also scan with Hitman Pro after that.
Or just use an Linux OS, no need to mess about with any of that nonsense. PHD Candidate Bitcoin researcher had ~9000 BTC stolen while he was using Linux. CDecker on this forum. https://bitcointalk.org/index.php?action=profile;u=49Your meant to keep the machine offline. Looks like he had it online, which is asking for trouble using any OS. Yeah. It was online. It's still a pretty shocking loss and I don't know of another individual getting hacked while using Linux.
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5. POS!!!! are you kidding me. thats the lame brainchild of th rich, basically those that already own the large hoard of coins get richer. so satoshi gets 8% of each block, coinbase gets 6%, mark karpeles gets 6%, bitstamp gets 6% (all rough figures) all for doing jack shit and none of which helps secure bitcoin by having an ever increasing difficult encryption to crack.. POS is weak security and for the greedy pre-miners to profit from before the dump and run.. havnt you learnt that yet
The block can give no reward other than transaction fees. I think NXT is like this already. People need to secure the network, why not give them transaction fees? POS does generate new coins.. the distribution is spread to who has most coin.. AKA stake. so someone with the slowest miner possible, but has 600k coins hoarded would get the most reward.. hense if bitcoin became POS. the exchanges that hoarded coins, and those that are hiding hoards of stolen coins, will get all the fresh coins, for little to no work.. POS is the profit making schme for the preminers. once they sell coins the coin soon dies.. POS is not about security at all PoS doesn't necessarily generate new coins. Some might as incentive for people run the network. But if transaction fees are sufficient incentive then you don't need to reward blocks. NXT is the main PoS 2.0 coin and they don't have any reward for blocks other than the transaction fees. There are massive whales who own millions of NXT who don't even stake their coins because I guess they don't feel that the reward is enough incentive. But the network has been secure thus far.
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NXT was the first POS.
Peercoin aka PPCoin was the first PoS coin actually. NXT is the first "PoS 2.0" coin.
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Before ever making a cold storage wallet, scan your pc thoroughly, use up2date antivirus, and also scan with Hitman Pro after that.
Or just use an Linux OS, no need to mess about with any of that nonsense. PHD Candidate Bitcoin researcher had ~9000 BTC stolen while he was using Linux. CDecker on this forum. https://bitcointalk.org/index.php?action=profile;u=49Notice his user number is 49 too. Hell he could even be Satoshi(probably not though).
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i am saying NOTHING should be proposed. read the topic title.. they are not entitled to anything nor do they deserve anything ..it's open source software after all. and many of these greedy dipshits should be in jail for charging money for open source code other people wrote and GPL'd. debating on how i should charge people for open source software is typical idiot fucktard logic.. no big surprise around here save the excuses.. they don't work on me So you would never donate to a developer who worked hard on a currency that you like? Lots of open source developers now contribute to their projects for a living. Because people who use the software see the benefit in enabling full time development which will progress the software. Where would Linux be now without being able to pay professionals to work full time? Donating to something like the Linux foundation is clearly in the best interest off lots of large corporations which is why we see lots of them donating large amounts of money on a yearly basis.
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HKD or EUR. EUR because there are some places that offer halfway decent interest rates. Especially in Ukraine which the Euro union isn't going to allow to default HKD because its an actually stable currency. Well HKD is just pegged to the USD is it not? It is but they have other foreign currency reserves so in case of hyperinflation its marginally better protected. Also, you get marginally better interest rates. Ah, interesting. Good to know. Seems like a good alternative to USD then.
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HKD or EUR. EUR because there are some places that offer halfway decent interest rates. Especially in Ukraine which the Euro union isn't going to allow to default HKD because its an actually stable currency. Well HKD is just pegged to the USD is it not?
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5. POS!!!! are you kidding me. thats the lame brainchild of th rich, basically those that already own the large hoard of coins get richer. so satoshi gets 8% of each block, coinbase gets 6%, mark karpeles gets 6%, bitstamp gets 6% (all rough figures) all for doing jack shit and none of which helps secure bitcoin by having an ever increasing difficult encryption to crack.. POS is weak security and for the greedy pre-miners to profit from before the dump and run.. havnt you learnt that yet
The block can give no reward other than transaction fees. I think NXT is like this already. People need to secure the network, why not give them transaction fees?
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devphp mentioned Qora being on the NXT AE. Why isn't Qora more popular? Seems to be floating along so far not making too much of a splash.
Anyone here own any Qora or have a theory as to why it doesn't seem to be catching on yet? Does it still need more development and features first?
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Does the gateway keeper have to manually send out coins for each sale?
He needs to send only deposits and withdrawals (redemptions of an asset), that's what he charges a fee for, but once deposited - all trades on the exchange are automatic and can go for a long time until someone decides to withdraw. Deposits and withdrawals can have a minimum limit, so he doesn't waste time on very small amounts. Plus I'm sure someone could write something that automates the redemption process eventually. I don't know what NXT has in the way of API support going but if it's not at that point yet I'm sure it will be soon. Same goes for XMR.
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Wow. First NewEgg and now Dell. That is pretty amazing. It's catching on now. Coinbase must have a good sales team.
NewEgg uses BitPay. Oh! Haha, I guess I must have misremembered. Good to see both companies doing well anyway. Better than just having one dominate the large corporate scene for sure.
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Hello everyone, Yesterday we were contacted by the Bitmark's developer. He asked us to set a pool for BTM and so we did Here is the pool info: URL: http://xhash.netPool address: stratum+tcp://pool.xhash.net:3405 Single registration / Global workers / DDOS Protected / VARDIFF / Prop payouts / Fees 1% Thank you and enjoy ! Regards, xHash Team Great to see another pool add Bitmark! One minor thing I noticed is that you have Bitmark as launched on June 21st and I believe the correct date was July 13th. The thread started well before we even had a name for Bitmark, it was used as a springboard of ideas and discussion.
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Bitcoin is way too big to risk adding non-critical features at this point. There are literally billions at stake. Trying to push something through the political minefield that is Bitcoin development would be virtually impossible at this point.
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The most recent Bitcoin hard fork was right when bitcoin's price really started taking off. It actually ended up acting as a confidence boosting event I think since the way it was handled was good.
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This is pretty big I think. We'll see what happens.
I wonder if sites will stop servicing people from New York State?
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The offline wallet is "Bitcoin Core"
I think u had your coins in Bitcoin Core and u just made a copy of it offline thinking this is a offline storage. Please correct me if I am wrong. I think some of your wallet copy has remained online, which was stolen through malware. Please accept it as a lesson and dont download anything from unknown sources. Can u please tell us if u have downloaded any alt coin client in last 7 days ? Well, it is an offline backup. It's just not a secure cold wallet.
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Wow. First NewEgg and now Dell. That is pretty amazing. It's catching on now. Coinbase must have a good sales team.
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The only exchanges this has no effect on is decentralized exchanges, they could care less. By the way, there is no XMR<->NXT gateway on NXT AE yet, a profit opportunity for XMR believers.
Surprising. Might be a nice way to make some extra money if XMR keeps growing. Well, for a gateway keeper there is an opportunity to make money regardless of what the price is doing, the gateway keeper charges 0.5% (arbitrary but reasonable fee) on all deposits and redemptions. The gateway keeper just needs initial supply of XMRs to act as the first market maker, but later other XMR holders would deposit into the gateway to add to liquidity of the asset. Here is an example of how Qora gateway is set up: https://nxtforum.org/assets-board/qora-on-nxt-asset-exchange/Yeah, I meant more along the lines of growing in volume. I think the asset exchange is an amazing development and one of the defining features of NXT. I think it's pretty cool that I could go right now and buy a token that represents an oz of silver on there.
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2) Anonymity
We can discuss this more in the future I agree. For now it may be useful to extol the virtues of using the "coin control" features, as these let you choose which inputs (or addresses) are linked to each transaction. For most common cases, where you do not want Bob to know that you have sent money to Peter, or for anybody to know your full savings, this is sufficient, if a little technical. For people who really want anonymity all they need to do is go off chain, on to another, and then back. This is simple to do for anybody who really wants to. For example convert DRK to BTC, move BTC to another exchange, convert BTC to DRK and send to a fresh address. Clean inputs. People have been doing this with Fiat for years to erase the trace, the same applies to block chain based currencies. In my opinion it does not require a technical solution. Privacy concerns however are fair to address, coin control and documentation/examples on how to use it practically, or multiple wallet support, may address this simply for the common person. I hadn't used the qt client for about 2 years until I started using Bitmark and I noticed that there is a way to choose which addresses you want the inputs for your outgoing transaction to come from by clicking checkboxes next to each address that you want to include. I thought that was interesting. I haven't tested the feature yet at all though. Is that what you're referring to here?
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