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281  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: November 15, 2014, 01:21:52 AM
I'm also just guessing here.

It could be an issue with the Supernet distribution, but I am not up to date with that version.
282  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: November 15, 2014, 01:10:18 AM
Why would I have to re d/l the block chain when moving from 1.3.2. to 1.3.3? Nothing worked with my existing db?

Or, is it because I installed the 1.3.3 superNet version?

Possibly this:

Quote
Updated jetty to version 9.2.4. If unpacking on top of a previous installation,
delete your lib directory first to remove the old jetty libraries.

https://nxtforum.org/nrs-releases/nrs-v1-3-3/
283  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: November 15, 2014, 12:05:04 AM
Sell wall for the DORCS/Lyth asset is now removed: https://nxtforum.org/lith-the-nxt-mmo/sell-wall-taken-down!/

Smiley
284  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: November 12, 2014, 01:24:01 PM
First fundraising sale for the Assets for the Lyth MMO will end in about 3 days.
We've updated our site with a handy timer: https://lythmmo.com/

More information here: https://nxtforum.org/lith-the-nxt-mmo/
285  Alternate cryptocurrencies / Altcoin Discussion / Re: PoS is far inferior to PoW - why are so many people advocating switching to PoS on: November 08, 2014, 05:05:05 PM
If the block-chain can't be rolled back past 12 hours, why was it the subject of debate after the BTER Exchange compromise?
Official NXT Decision: No Blockchain Rollback
Quote from: Bas Wisselink
As you already know, our devs released an update that would adjust the blockchain in such a way that only the BTER account would be affected. As it stands, the majority of NXT forgers has opted not to support this fork. The new version has already been rescinded and the rollback will not happen.

Of course, this whole discussion strikes at the core of what a crypto platform is about. Is there a point where a blockchain can be rolled back, or not?

I understand that the Vericoin devs have decided to do this in their case, because 30% of coins were involved.

Our situation and proposed solution were very different. The main difference that I see is that our core devs have left the decision completely up to the forgers. They could have taken the decision to not even propose a fork at all, but decided to put this in the hand of where the decision power in a PoS system is: the stakeholders.

It's rather simple (I'm answering because you are quoting me here Smiley )

First: it's not 12 hours, it's 720 blocks which equated to about 12 hours.

The debate you are referencing was held withín that 720 blocks. Also, technically, within that time it's not a roll back, but a reorg of the chain. Áfter that 720 blocks, it's a rollback.

So, to have the facts straight: there was a chance for a reorg of the chain within that 720 blocks, which didn't happen, because not enough of the stakeholders supported it.
That debate is legit within the framework. This time it popped up during that theft.

We also have to seperate two kinds of debate: there was a debate on a forum, which is done verbally. On the other hand there is the "debate" done technically by the stakeholders by forging.
We should not confuse the two as they are not the same, nor are the same actors involved.

The forum debate has no bearing at all on the actual "debate" that affects the blockchain. News sources have a tendency to disregard this difference because it's so much easier to concentrate narratively on the forum debate Cheesy
286  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: November 08, 2014, 12:48:50 PM
Just want to plug this new wallet: http://mofowallet.com

Mofo Wallet is available as cross platform installable download (available for Windows, Mac and Linux) but also runs straight from your browser.

The following features are currently enabled for all supported cryptocurrencies:

 1. Block explorer
 2. Multi account support
 3. Create new accounts
 4. Add existing accounts
 5. Encrypted, freely named wallet.dat file removing the need to expose NXT / FIMK passphrase ever after creation
 6. Wallet file can be used locally or remotely (compatible with the hosted version at http://mofowallet.com)
 7. Send and receive messages (stored in blockchain)
 8. Send and receive payments
 9. Built-in faucet for both NXT and FIMK new accounts (through plugin)
 10. Mass payment functionality (through plugin)
 11. Run local server(s) (start/stop server(s))
 12. Forging (requires a running server process)
 13. Theme switcher (19 themes available)
 14. Public key announcement automation support
 15. Contacts database integrated with payments and messages

The following features are geared towards plugin authors and are considered
development/technical tools:

 1. Reload application (under settings menu)
 2. Database inspector (live view of the database)
 3. Public node manager (live view of all network API activity with public nodes)
 4. DOM Inspector/Console/Debugger (standard webkit dev tools)

287  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 30, 2014, 10:00:36 PM
NEW RELEASE

https://nxtforum.org/nrs-releases/nrs-v1-3-2/

Quote
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 1.3.2

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-client-1.3.2.zip

sha256:

220ab37aaf3bb31734823650e4f818268e5caa3ef6fa73f5f524869d43cb419e  nxt-client-1.3.2.zip


Change log:

Allow re-broadcasting of transactions already in the unconfirmed pool.

Added clearUnconfirmedTransactions debug API to force clearing of the
unconfirmed transactions pool.

Show correct timestamps in asset transfer history.

Only try to set account public key when inside a database transaction,
fixes a bug in setting public keys for accounts that never had an
outgoing transaction.

getAccountLessors API now returns the guaranteed balance of each lessor
too, as of the height specified in the optional height parameter. The
format of the returned json has been changed to allow adding this
guaranteedBalanceNQT property.

getPeers now accepts an optional "state" parameter, to return only peers
in that state. Possible values: CONNECTED, NON_CONNECTED, DISCONNECTED.
If present, the active=true parameter takes precedence.

getBlock now accepts an optional "timestamp" parameter, to return the
last block as of that timestamp. The parameters to getBlock: "block",
"height", "timestamp", are processed in that order of precedence, i.e.
if both height and timestamp are specified, height is used and timestamp
is ignored. If no parameters, current last block is returned.

getState now accepts an optional "includeCounts" parameter, default true.
If set to false, database table counts, which are slow to retrieve, are
not included in the response.

getTrades, getAllTrades, and getAssetTransfers API now accept an optional
"includeAssetInfo" parameter, default true. If set to false, asset name
and decimals are not included in the result Trade json, and not having to
retrieve those speeds up the request processing.

Added getBlocks API, returning the blocks ordered by height descending,
and using firstIndex, lastIndex parameters for pagination. Restricted to
return up to 100 blocks at a time. If includeTransactions is true, also
includes the full transaction JSON.

Improved default H2 cache size allocation. It nxt.dbCacheKB is not set,
the H2 cache will vary linearly from 16MB for JVM heap size 160MB, to
256MB for heap size 640MB or higher. This should allow low end devices
to run without needing a custom setting for the nxt.dbCacheKB parameter,
and prevent excessive memory use on machines with plenty of memory too.

Disabled the SSLv3 protocol when using SSL for the API.


Client UI improvements:

Added pagination to the Blocks page. The default number of rows per page
can be changed in settings.

Show account balance in the sidebar on all pages.

Improvements and bugfixes in the asset trade and transfer history pages.

New design of the dashboard, and an improved recent transactions list.


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288  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NHZ] 'Blocknet'| Fair Distribution|Decentralized |Escrow@poloniex on: October 30, 2014, 05:20:57 PM
There have been some questions over at the Nxt Forum about the asset on the Exchange: https://nxtforum.org/assets-board/(ann)-nhz-asset/msg124415/#new

Would be nice if someone in charge could answer them Smiley

I'll pop in.

Then please do so, or please forward me to someone who can help.
Apparently the system has stopped working, and it needs to be sorted as people are investing, but not getting their purchases.
289  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NHZ] 'Blocknet'| Fair Distribution|Decentralized |Escrow@poloniex on: October 29, 2014, 05:16:12 PM
There have been some questions over at the Nxt Forum about the asset on the Exchange: https://nxtforum.org/assets-board/(ann)-nhz-asset/msg124415/#new

Would be nice if someone in charge could answer them Smiley
290  Alternate cryptocurrencies / Marketplace (Altcoins) / MMO Project Lyth. Let's Build an Emergent Trade Game on the Blockchain on: October 23, 2014, 12:14:00 PM


Hi people,

About eight months since a small group of people, with a love of games and an interest in crypto found each other on various channels and wanted to try to combine the two.
What emerges was a plan to create a sandbox multiplayer game, that would use a blockchain to store persistent game data and to host ingame assets that could be traded even outside the game.
We have since attracted a group of developers to work with us and are currently building our prototype engine and building our client. This stage is nearing completion and from there on we will go on to our Alpha stage.

For now, we've mostly confined ourselves to the Nxt community, as we were still exploring where the game was going, but now that we have started coding and testing, we want to present the current state to the larger crypto and gamer community. We've been happy to also find some other groups of people working on similar projects, which are distinctive enough not to be competition, but collegues.

If you are interested, have a look at our site LythMMO, where you can sign up for our newsletter, or where you can find more info should you wish to contribute to our funding.
Contributing is made easy by use of the SecureAE. For more info, please read the documentation available on our site.

If you have contacts who are interested, please let us know, or have them send an email to info@lythmmo.com.

You can also find us at our current temporary sub-board at the Nxt Forums, where you can read the development as it went over the last months.


Lyth

Setting:
Lyth will start out in a setting that could be described as rural fantasy setting

Gameplay:
Lyth gameplay will for the most part be decided by a player driven economy. The game is designed to sustain "emergent" gameplay in which everyone can be caught by surprise at the direction the game will take. Players interact in an immersive sandbox, where they can create their own paths and realities. They can harvest natural resources, use skills to create goods, offer services, and use strengths and powers to influence other players and the world around. Violence and politics are never far behind, but the economy will be the most powerful force, affecting warlords, farmers, and everyone in between.

Trade:
Game resources will be freely tradable on an open market, allowing in demand items to find their natural prices, and letting players develop markets as needed. create trade networks, with all associated risks and chances for arbitrage. Lith will take full advantage of the possibilities that the Nxt blockchain offers.

Creators:
Our current team consists of chanc3r (Ian), pandaisftw (Eric), jefdiesel (Jef), swartzfeger (Jay) and Damelon (Bas). We each bring our different qualities to the creation of Lyth.

Game Engine:
The game will be using the Unity Engine

Music/Score:
swartzfeger is working on the ingame music, and currently we are in negotiation with a full orchestra to play the score.
Here are some preliminary soundscapes:
Requiem for Emule
"Character"
"Resurrection"

A video explanation
You can see me explaining Lyth (when it didn't yet sport the cool "y") here at the Bitcoinference in Amsterdam: clicky
291  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 14, 2014, 06:07:04 PM
NRS VERSION 1.3.0 RELEASED


https://nxtforum.org/nrs-releases/nrs-v1-3-0/

Quote
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 1.3.0

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-client-1.3.0.zip

sha256:

b604a2c6299b0b11aa7697f39f7a56e207cbe02defb83c45c9d2e1b99e4c9920  nxt-client-1.3.0.zip


Change log:

This is the first release which stores all derived objects in the database,
instead of keeping all of them in memory only.


Derived objects are those that are constructed based on the information already
available in the blockchain blocks and transactions - i.e, Accounts, Aliases,
Assets, Goods, Purchases, Orders, Trades. Storing them in the database instead of
in memory means the Asset Exchange and the Digital Goods Store can scale to much
higher number of assets, orders, and goods, without requiring an ever growing
amount of memory for each node.

Using a standard SQL database tables to store those records also allows for
much more sophisticated queries, and allows third parties to write and execute
custom queries against those tables directly, without being dependent on the NRS
http API only.

By storing the state of all derived objects as of the current height, plus their
state at previous heights up to 1440 blocks back, it is possible to completely
eliminate the need for blockchain rescans on startup, and on fork resolution.

On upgrade from 1.2.8 and older releases, this version will perform an initial
build of the derived objects tables, which on a fast machine takes about 4 min,
but may take longer depending on your hardware. The database size will again grow
during this rescan, but after shutdown should shrink back to around 550 MB.

There will be no rescans on subsequent restarts, and the startup time is now
reduced to a few seconds only. There will also be no rescans at runtime on block
pop offs.

Derived object tables are kept small by trimming them, only records needed to
allow rollback of up to 1440 blocks back are kept. If you need to preserve and
query historical information going back all the way to height 0, this trimming
can be disabled by setting nxt.trimDerivedTables=false (default is true) in
nxt.properties. After changing this property, a rebuild of the derived tables
can be triggered using the new scan API request, see below.

The default number of rollback records kept can be increased while still keeping
trimming enabled, by setting nxt.maxRollback to a higher value (default and
lowest possible is 1440). This should provide a compromise for those who want to
keep history of more than the default 1440 blocks, yet want to avoid the
performance penalty of never trimming the derived objects tables.

To allow for the increased use of database, default max number of database
connection has been increased to nxt.maxDbConnections=30, and lock timeout
increased to nxt.dbDefaultLockTimeout=60 in nxt-default.properties.

Slower machines and high traffic public nodes may experience database lock
timeouts with the default settings. To prevent those, MVCC mode can be enabled
by appending MVCC=TRUE to the jdbc url in nxt.properties. MVCC is not enabled
by default however, because while providing for higher concurrency under
multiple simultaneous connections, and thus avoiding timeouts, it is also slower
overall and less well tested.

To help with debugging potential bugs, default logging level has been set to
nxt.level=FINE in logging-default.properties for this release, which will cause
more output than usual in the log.


API changes:

The following existing APIs now allow optional pagination using firstIndex,
lastIndex parameters:

getAccountBlockIds, getAccountCurrentAskOrderIds, getAccountCurrentBidOrderIds,
getAliases, getAllAssets, getAllTrades, getAskOrderIds, getBidOrderIds,
getAskOrders, getBidOrders, getAssetIds, getAssetsByIssuer.

The limit parameter is no longer accepted by the getAskOrderIds, getBidOrderIds,
getAskOrders and getBidOrders APIs, as firstIndex/lastIndex parameters are now
used instead for pagination.

getAccountBlockIds in addition to allowing pagination now returns the blocks
in descending order, as this is more useful when showing the newest blocks
on top in the client.

getTrades now accepts an optional account parameter, in addition to asset, to
allow retrieving trade history for a specific account, for either all assets or
a specific asset only.

getUnconfirmedTransactions and getUnconfirmedTransactionIds now also accept
the RS account number format.

The Trade JSON now includes buyer and seller account ids, the height at which
the trade occurred, the asset name, and the heights at which the ask and bid
orders were accepted in the blockchain.

The Asset JSON now includes total number of transfers, and number of accounts
holding the asset.

parseTransaction does not just return an error when trying to parse an invalid
transaction bytes or JSON, but adds a validate=false field, plus the actual error
message, in addition to the parsed transaction JSON.

getState no longer includes total effective balance.


New API requests:

getAccountBlocks - like getAccountBlockIds, but returning full block JSON.
If includeTransactions parameter is true, also includes the transaction JSON.

getAccountCurrentAskOrders and getAccountCurrentBidOrders -
like getAccountCurrentAskOrderIds and getAccountCurrentBidOrderIds, but returning
full order JSON.

getAllOpenAskOrders and getAllOpenBidOrders now replace getAllOpenOrders, but
only returning ask or bid orders respectively, and allow firstIndex/lastIndex
pagination.

getAssetTransfers - retrieves the asset transfers for an asset, account, or both,
sorted by height descending.

getAssetAccounts - accepts an asset parameter and returns all accounts holding
this asset as of the current height, and the asset quantity each one owns, sorted
by asset quantity descending.
Takes an optional height parameter to allow retrieving asset holders as of a
previous blockchain height.

getAccountLessors - retrieves the accounts that have leased their balance to the
specified account, takes an optional height parameter to allow querying previous
blockchain heights.

The historical height query feature in getAssetAccounts and getAccountLessors
depends on the specified height records still being available, i.e. either table
trimming disabled, or maxRollback set high enough to cover that height.

longConvert - an utility API to convert between signed long ids as used in the
database and unsigned long ids represented as strings. Accepts an id in either
form and returns both the signed and unsigned versions.

getECBlock - returns the ecBlockId and ecBlockHeight given an optional timestamp,
current time if not supplied.


New debug API requests:

The following requests are used for debugging purposes only and should not
normally be needed. They are disabled by default, set nxt.enableDebugAPI=true in
the properties to enable them. Do not enable on a public node where the API is
accessible to anyone.

fullReset - delete and redownload the whole blockchain.

popOff - accepts a numBlocks or height parameters, and pops off that many blocks
or back to that height. If table trimming is enabled (default), at most 1440
blocks can be popped off. Derived object tables are rolled back to the specified
height and blocks and transactions after that height are deleted.

scan - accepts a numBlocks or height parameters, rolls back the derived object
tables to that height and rebuilds them by rescanning the existing blockchain
from that height up again. Does not delete blocks or transactions from the
blockchain, unlike the popOff request. A request to rescan more than 1440 blocks
when table trimming is enabled will do a full rescan starting from height 0.
Setting validate parameter to true will also re-verify signatures and re-valudate
blocks and transactions during the rescan.


DbShellServlet:

A command line access to the H2 database at runtime is now possible at:
http://localhost:7876/dbshell
This page uses the H2 shell tool to allow querying the database at runtime,
directly from the browser, without having to enable auto server mode in the jdbc
url. This servlet is only enabled if nxt.enableDebugAPI=true, and is very unwise
to enable on a publicly accessible node as it allows full read and write access
to the database.


The usability of the http://localhost:7876/test API access page has been further
improved.


Packaging changes:

To prevent intentional misunderstanding of why jar files hashes are never
reproducible, the class files are now left unpacked in a classes subdirectory
after compilation, instead of being packaged in a nxt.jar file. The run.sh and
run.bat scripts have been modified to include this directory on the classpath
instead of the nxt.jar file. Those who still prefer to build a nxt.jar file, can
easily do that with the included jar.sh script, and modify the classpath to use
it. A pre-built nxt.jar file will still be included for a few releases, as it
is expected by the restart code when upgrading from an older version, but is not
otherwise used.


Other internal changes:

Everywhere, object ids that used to be Longs are now primitive longs, as their
use as HashMap keys is no longer needed.

Preserve and re-process unconfirmed transactions after fork resolution pop-off.
Improved propagation of unconfirmed transactions.

Multiple minor improvements and optimizations based on profiling results.

Merged in code to enable future variable fees based on transaction type and
transaction size.

Updated Jetty to version 9.2.3.

Added an option to disable transaction re-broadcasting by setting the property
nxt.enableTransactionRebroadcasting to false (default is enabled).


Testnet:

This release will reset the testnet blockchain back to height 77431. Testnet
nodes staying with 1.2.8 are already on a different fork.


There is no urgency to upgrade on main net, both 1.2.8 and 1.3.0 versions can
coexist on the network and there is no hard fork involved. The local database
changes however are not reversible, if you upgrade to 1.3.0 and decide to go
back to 1.2.8, you will need to delete the nxt_db folder and re-download the
blockchain.



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All bolds by me for ease of reading
292  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 12, 2014, 09:50:52 PM
On that note:

Nxt FreeMarket Released

Trade freely, globally, and privately with NXT FreeMarket.
FreeMarket uses the NXT blockchain to store all items for sale,
so there is no centralized service that has your personal information,
and there is no single-point of failure for the FreeMarket system.

Messages between buyer and seller are encrypted using the public-key cryptography built into NXT.
No personal information is exposed in an unencrypted form.

NXT FreeMarket provides you with the features you need to buy and sell physical goods anywhere in the world.
NXT has a built-in "Digital Goods Store," but it is not designed to handle physical goods,
which require shipping options, special instructions, and photos.

Why is FreeMarket the right choice for private buying and selling?

Check out the website: http://nxtfreemarket.com/
293  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 12, 2014, 09:49:07 PM
where can i find news about nxt's marketing?


here is the marketing committee sub forum
https://nxtforum.org/marketing-committee/
nobody write news there

True, this is just a committee for funds.

What do you want to know. We have a few ad hoc groups working on this, but as everything, you will be hard pressed to find some central place.
I am part of a few marketing efforts. If you want to know something, feel free to ask Smiley
294  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin/Altcoin and Internet Trolls on: October 11, 2014, 09:53:45 PM
Internet Trolls Really Are Psychos

If you’ve ever managed an online community, a blog, or a brand’s Facebook page, you have encountered the dreaded “troll.” These community members can be provocative and rude, and are known for creating posts for the sole purpose of agitating their fellow members. Trolls add inflammatory comments not because they hope to inform or convince others, but because they know they’ll spark an avalanche of negativity.

Left unchecked, trolls can destroy communities. Helpful members tire of the conflict and eventually leave. Trolls present a challenge to community managers not just because of their toxic behavior, but because they don’t always overtly break community rules. Many people make comments that prove to be inflammatory, often unintentionally. Trollish behavior is evident only after a pattern of such comments emerges.

Conventional wisdom says that the anonymity of the Internet lets people behave in ways they never would in real life, or online if their identity was known. But, if you think that means that trolls are normally nice people who only act out in their online persona, think again. New research shows that internet trolls are, in real life, narcissists, psychopaths, and sadists.
http://www.forbes.com/sites/rogerdooley/2014/10/06/internet-trolls-really-are-psychos/

Discuss

It depends.

You have the "real" troll and the "branded" troll.

What you very often see happen in communities is that people who offer legitimate concerns, but threaten the status quo get immediately get branded as a "troll".
That's the way a person with a legitimate concern can get isolated, and real concerns can be avoided.
I've seen that happen in many communities, including my current on (Nxt) and in other boards I've adminned over the last decades.
That's obviously a bad thing, and it's often difficult to distinguish these people when the emotions have gotten so inflamed the original poster also has reached breaking point.

On the other hand, I think it's good to distinguish between true "trolls" and people who just are incapable of social interaction per se.
The first one trolls out of malice, the second one is someone who in my opinion truly is incapable of seeing his or her actions are wrong.
The effects are the same, the cause is very different.
From a community point of view it matters little. Both these kinds of participants are disruptive, although the malicious troll is often more clever in his tactics and strategies.
He will tend to employ simple, but effective means of turning the attention he or she gets into vicious attacks, using half truths and vague threats that are often enough to deter a lot of people from engaging them.

They will call parents, call employers, post pictures, try to intimidate and often resort to all kind of vague legal mumbo jumbo in the hope they will not be called out on that.

It is indeed very hard to do something about these people, as they usually actually think they are right, and that this "rightness" gives them carte blanche to exhibit the behaviour they do.
They feel they are outside the law, even though they frequently call in legal arguments to "win" flaming battles.
295  Alternate cryptocurrencies / Altcoin Discussion / Re: Ian DeMartino of Cointelegraph Can't Remember If He Was Paid By Them on: October 11, 2014, 08:55:54 PM
It's Saturday night. Smiley

Edit: nice, you finally got a legitimate chance to edit my name into a link to your blog Smiley
Glad to be of help.
296  Alternate cryptocurrencies / Altcoin Discussion / Re: Ian DeMartino of Cointelegraph Can't Remember If He Was Paid By Them on: October 11, 2014, 08:40:34 PM
Dave was the coordinator of volunteers at http://bitcoin2014.com/ Smiley

Feel free to check with the Foundation.
297  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 04, 2014, 11:37:03 PM
Ah, I see. Thanks guys that explains it. I thought it might be funny to see if I could sell those assets on the AE but to do that requires a fee. Shame to see so many assets (e.g. mgw, supernet, token, txtcoinnow, nxtautodac) have been destroyed though.

Sometimes they get sent there when there are too many or if not all are sold.
298  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 04, 2014, 10:56:26 PM
is NXT  supply  always  the same?  ------>999,997,096 NXT   until I can see each block generated paid to node that process information with fees, therefore new coins are not generated., is it correct?   

Correct.


Interesting ...........

It's a PoS system.
1 billion coins were generated in the Genesis block.
The fact that there are less now is because some were sent back to the Genesis account and are gone forever.

Always wondered why CMC showed the total coin supply as being slightly lower than 1 billion.

So who made the mistake of sending coins back to the genesis account? And I thought the passphrase of the genesis account was discovered (wasn't it the opening sentence of 1984?) so coins sent to it should be recoverable, no?

EDIT: Just logged into the genesis account and saw a negative balance. Was expecting to see a balance of 0 NXT. Now I can see why those coins aren't recoverable...

Yes, when an account has a negative balance, it cannot transact. That's why the passphrase doesn't matter and is actually shown on blockchain sites: http://www.nxtreporting.com/?ac=NXT-MRCC-2YLS-8M54-3CMAJ

I believe a few coins were sent as a test in the beginning, some people did some "wishing well" transactions and some people accidentally sent them.
299  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 04, 2014, 10:36:16 PM
is NXT  supply  always  the same?  ------>999,997,096 NXT   until I can see each block generated paid to node that process information with fees, therefore new coins are not generated., is it correct?    

Correct.


Interesting ...........

It's a PoS system.
1 billion coins were generated in the Genesis block.
The fact that there are less now is because some were sent back to the Genesis account and are gone forever.
300  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 04, 2014, 10:36:00 AM
Ok Agree, Anyway will be nice that devs found a better way of list at least a few trust assets by default like to "traditional" exchange,maybe they
must limit number of assets or give rules to create new assets.

thanks for your help!

The reason the devs decided not to get into "rating" assets, is that it's not their place to do so.
That would mean they would be the ones endorsing or rejecting Assets, and that's really up to us as users.

It's not a perfect system, but in this case they opted to display none, so that adding an Asset to your display would be the choice of the user, who needs to do due diligence (possibly with the help of a third party) himself.

Any rules on creating assets will not come from the dev side, as Nxt is just the infrastructure, but need to evolve from the user community, by setting up systems that will be able to do this.

Personal opinion: the infrastructure itself should never be allowed to be in a position to say who can or cannot use it. That's a dangerous set of powers to combine.
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