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As the unofficial newbie supporter, I say we newbies care!
Seeing the NXT balance go from 0 to anything is an important thing
Plus, I heard that the next client will magically skip over the corrupted blocks and make everything as it should. Otherwise all transactions after 24180 would be void? That would be a big problem, so with the assumption that it will be fixed somehow, loading all the current blocks seems to be worthwhile.
I also don't think this is a branch, isn't the corruption in the main trunk?
James
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hilotime and X_X_X,
You are getting closer. What is the latest block that shows in the browser? Maybe you just need to wait for it to catch up. The transaction that gave you the 2500 needs to be processed by your computer before it appears.
Mine is pretty caught up blocks shows:
24304 2159498187382012684 12/25/2013 5:52:13 AM
0 0 + 0 0 B
1 8382884815200186657 941 %
If you are not to block 24000+, just need to wait.
James
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DLXS
The Ddos attack is "slowing down time" so to speak. NXT doesn't use a reference clock from what I can tell, but some method that relies on all the nodes to reach consensus in a timely fashion. Usually would be once a second, but when the network is fighting just to get packets through, time goes in slow motion.
All things considered it seems to be less than 2:1 slowdown.
James
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hilotime,
Did you install the JRE (java runtime)? That allows java programs to be run. That is the first step, follow the install directions on page one of this thread.
Once you have the JRE installed, you can run java programs from the command line. I am on mac, so I just open terminal and type in the command to invoke start.jar with the java. Some options I don't remember, all the details in the first page. All of this just starts a program that responds to the browser on the ports. If the java program isn't running, the browser has nothing to talk to.
a) get JRE installed
b) run the start.jar using java
c) go to the localhost port address in browser
I hope this makes sense
James
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hilotime,
I am also newbie, so I will try to help, but no guarantees.
try port 7874
If that still gets you out of sync data. kill the java with control C. Delete the blocks.nxt and transactions.nxt and restart the java. It will take a bit to redownload, but after that the client should show same info as blockchain website
James
P.S. You are running the java with start.jar? If not, there is nothing for webpage to connect to, it runs a local server
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It used to have integer overflow amount of fees in every block and also big lag.
Now back to the normal fees and almost no lag.
I guess Ddos is still super active with less than 10% of the people forging, but at least the scary looking fees are gone
Will all transactions after the overflow fees crept in have to be done over? I got big deposit during that time, don't want to lose it!
James
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24200 482115092852324318 12/25/2013 3:16:58 AM
0 0 + 0 0 B
1 3071904075957121339 896 %
Client automatically seems to have fixed itself?!
James
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24184 3705364957971254799 12/25/2013 2:13:14 AM
7 775'701'000 + 775'701 896 B
1 9334546449681406797 112 %
24183 3705364957971254799 12/25/2013 2:10:39 AM
8 1'281'774'000 + 1'281'556 1'024 B
1 11158452074412008948 55.9 %
24182 3705364957971254799 12/25/2013 2:07:44 AM
6 64'009'249 + 64'004 768 B
1 588167913278224552 27.9 %
24181 3705364957971254799 12/25/2013 2:06:38 AM
1 14'200'000 + 15'000 128 B
1 15073489579603216110 25.4 %
24180 3705364957971254799 12/25/2013 2:06:16 AM
2 10'100'000 + 10'100 256 B
1 6431615392704177592 50.8 %
Seems the Ddos corrupted things...
Or someone has a bot going out of control buying millions of aliases.
Do I need to delete files and start client over?
James
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I am announcing that I am working with maxsolnc to create a distributed exchange for DTC using ripple. Once this is setup you will be able to trade DTC without commissions or fees using the standard ripple wallet's trade page. I am new here, but am very active within the ripple community and have the support of Ripple Labs. Assuming that we can get a nice launch of DTC, there should be some nice press releases about this and that can only help with the popularity of DTC. The following document explains the basics of ripple https://ripple.com/ripple_primer.pdfI will do my best to make the whole ripple signup process as smooth as possible, but it hasn't been automated yet. I will be working on adding DTC support to my automated market maker so there will always be a competitive price quote for DTC within ripple. Since this is being done on a volunteer basis, there are no commissions being charged, no fees. Totally frictionless trading. The price you see in the order book is what you get. In order to trade on Ripple, you will need a ripple wallet, which you can get in 2 minutes from https://ripple.com/client/#/registerIf you want to simply purchase it, you can do it without doing any deposits if you get enough XRP and there are plenty of ways to do that. To redeem your DTC, you can simply convert it to something else or sell it on the order book. If you want to receive the actual DTC, you can redeem it by returning it along with your DTC address and you will receive the DTC. Ripple is a bit more complicated than most systems, but the advantage is that once we get a real market going with DTC, we will be able to automatically convert it to any currency within ripple, including BTC, USD, CNY, etc. using the send command. Transactions take a few seconds, and it uses a distributed ledger, so no centralized exchange that is vulnerable to a Ddos attack. I will post more details as we get closer to launch. We will start with a small scale beta test and depending on the response, I might even start working on automating the whole deposit/withdrawal process. I know that is what everybody really wants. Thanks for your support! James Lee |
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There is no way there will ever be 2 billion DTC!
At current rates, we are only getting a linear increase of around 10,000 DTC per day.
Assuming we don't hit some sort of prime chain sparsity wall, that is a growth of at most a couple million coins per year, and possibly less.
James
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Yes, of course, the lowest recent average ping time make sense. It distributes the load most efficiently and automatically adjusts to each servers current load.
Best part is that it is very pseudo-random as the ping time between nodes is different for each node.
The Ddos'ers would have to spend the most resources to bog down a network like that!
James
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Would it be possible to allocate half the network load to hallmarked servers and half to non-hallmarked servers?
If there was a way to evenly split the traffic, then wouldn't that make it so that even if all the hallmarked servers are bogged down, the smaller servers would still be there as a backup. Not sure about how the network retry code is setup, but a random bit to choose hallmark or not hallmark, after initial timeout from hallmarked server. That way if the hallmarked servers are unmolested, the network takes advantage of the (presumably) faster hallmarked servers. If they are bogged down for whatever reason, they are only then expected to carry half the load.
If there was a way to update all the network as to the current percentage of requests being answered by the hallmarked servers (doesn't have to be totally precise), then that could be used to reduce the initial request to the hallmarked servers when their percentage goes below some threshold.
Forgive me if I am way off base, just guessing as to what the code must be doing
James
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Anybody know WHO is attacking?
James
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I am announcing that I am working with maxsolnc to create a distributed exchange for DTC using ripple. Once this is setup you will be able to trade DTC without commissions or fees using the standard ripple wallet's trade page. I am new here, but am very active within the ripple community and have the support of Ripple Labs. Assuming that we can get a nice launch of DTC, there should be some nice press releases about this and that can only help with the popularity of DTC. The following document explains the basics of ripple https://ripple.com/ripple_primer.pdfI will do my best to make the whole ripple signup process as smooth as possible, but it hasn't been automated yet. I will be working on adding DTC support to my automated market maker so there will always be a competitive price quote for DTC within ripple. Since this is being done on a volunteer basis, there are no commissions being charged, no fees. Totally frictionless trading. The price you see in the order book is what you get. In order to trade on Ripple, you will need a ripple wallet, which you can get in 2 minutes from https://ripple.com/client/#/registerYou will also need 20XRP (~ $0.50 USD) to activate your account, but in order to make this as easy as possible, I will be sending the 20XRP to any account that deposits more than 10 DTC. Only once per person please! What we will be trading is DTC issued by maxsolnc himself. I will simply combine all the DTC deposited and send it to him, he will then send me the ripple DTC that will get distributed. Once you have the DTC within ripple, you are ready to sell it. If you want to simply purchase it, you can do it without doing any deposits if you get enough XRP and there are plenty of ways to do that. To redeem your DTC, you can simply convert it to something else or sell it on the order book. If you want to receive the actual DTC, you can redeem it by returning it along with your DTC address and you will receive the DTC. Ripple is a bit more complicated than most systems, but the advantage is that once we get a real market going with DTC, we will be able to automatically convert it to any currency within ripple, including BTC, USD, CNY, etc. using the send command. Transactions take a few seconds, and it uses a distributed ledger, so no centralized exchange that is vulnerable to a Ddos attack. I will post more details as we get closer to launch. We will start with a small scale beta test and depending on the response, I might even start working on automating the whole deposit/withdrawal process. I know that is what everybody really wants. Thanks for your support! James Lee |
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I checked the blockchain and all my deposits were there. dgex did their job, the client was just out of sync.
James
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I've made three NXT withdrawals from dgex yesterday. The second one arrived pretty quickly. The first one appeared in the client under my transactions, but it then disappeared? Not sure how it could appear in My transactions and then disappear. Is this due to the Ddos?
Will the missing deposit reappear by itself?
James
18146608053740744717
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The problem with a centralized exchange is that it is a single point of failure. When a coin only has one exchange, that makes it that much more serious. Like going from the #4 coin to not listed! I have started a small market in NXT within Ripple. https://xrptalk.org/topic/720-trade-nxt-nextcoin-on-ripple/I have quotes for NXT/XRP which allows for automatic conversion to USD, BTC, CNY, etc. Pretty cool actually. Since ripple uses a distributed ledger (similar at high level to bitcoin blockchain), I don't think a Ddos attack is practical. To my knowledge ripple is the only distributed altcoin exchange and when NXT releases its peer to peer trading sometime in January, it will be the second. I just found out about NXT today, so I was pretty late and only could purchase in the open market. I simply don't have enough inventory to make a liquid enough market. Clearly dgex shouldn't be the only exchange for NXT. While it may be a bit redundant to have ripple when the peer to peer trading is there, a month in crypto is like 7 years in the real world! I hope to be able to help create an active NXT market within ripple, but for that I need help. Primarily I need somebody the community trusts to back the NXT within ripple. I am a total newbie to NXT, less than 8 hours, so I can't expect anybody to trust me with their NXT and I don't want that responsibility anyway. All this respected person would have to do is: 1) create ripple wallet 2) send me NXT within ripple, that is how ripple balances (IOU) are created, just by sending it 3) publicly state that ripple NXT balances will be redeemed. There still needs to be some details worked out as I think there should be some sort of escrow acct that any NXT that is deposited into ripple is put into. That way, it is arms length away from me. When somebody puts in a redemption request, I would send that request to the escrow agent who does the actual exchange of the ripple balance for the NXT. Basically two electronic transfers. Come to think of it TTbit's dividendrippler could do something like this pretty easily. I am hoping for a positive community reaction to all this and to make it so there will always be a place to trade NXT James www.altGateway.com |
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Hello, I am very new here and actually quite new to the whole crypto arena. However, I am very active within the Ripple community. I have heard that there is a big bias against ripple in the bitcoin world, but I hope you will keep an open mind and finish reading my post  Ripple is currency agnostic, so that means that its distributed ledger can be used for any currency, including DTC. I think it is important to leverage what infrastructure already exists. People are clamoring for more ways to trade DTC and ripple can do that, literally overnight. I am not sure if you know about how the ripple system works, but there needs to be an issuer of an IOU and the IOU is what trades. What this means is that the issuer has to be trusted by the people who are trading to redeem it when requested. I am a newbie here and I don't expect anybody to trust me. However, if there was somebody in the datacoin community that everyone trusted who would issue the DTC within ripple, I can make a market in it. Once there is a market, then anybody with a ripple account (currently 50,000+) could easily purchase DTC. All that is required to get this jumpstarted is for a person(s) trusted by the community to: 1) open a ripple account 2) send me DTC, this is how a ripple balance (IOU) is created 3) Publicly commit to redeeming the ripple DTC I am very active with Ripple and I have written automated market maker 'bots to make markets in various issues. I would be very happy to add support for DTC and it seems that offering the DTC community an alternate means of trading would only help. I haven't automated the redemption part yet, and I volunteer to do it manually at first. If the work gets too much, I will automate it. The orderbook would be denominated in DTC/XRP as that is the simplest way to offer immediate conversion of DTC to everything else. You will be able to send someone BTC or USD or CNY, etc. by automatically having the DTC converted to the destination currency. None of this requires any long term buy in to ripple. The denomination of DTC in terms of XRP can be changed to BTC if everybody is against XRP, but then the automatic conversion feature would require a hop through BTC orderbook and add to the price. If there is any interest in this, I would be happy to do what I can to assist and also explain any questions about ripple in general. I wouldn't be making any money directly from doing all this other than the spread between bid and ask, which I intend to make very small, 1% is my typical spread. Also no commissions or other fees. Everyone is encouraged to create their own ripple accounts and trade directly with each other using ripple's distributed ledger. The more active the trading, the smaller the spread and without any commissions, it could rapidly become the best place to buy and sell DTC. I am a relatively large holder of DTC, I am actively mining it and bter is not exactly large volume. It concerns me that in spite of datacoin's uniqueness, it has not really caught on yet and is sinking in the coinmarketcap.com list, #31 last I checked. I am also a believer in what ripple is doing. The more altcoins I can bring into ripple, the more the ripple ecosystem improves, the better it is for me, since I also have significant XRP holdings. You can read more about me at altGateway.com James P.S. If anybody is interested in helping, especially with the redemption side of things I would be very glad for this. I don't really want to be handling other people's DTC, so ideally a community trusted person could have control over the acct that contains the collateral for the ripple balances. |
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I think there is a lot of day trading going on.
1 NXT could be counted dozens of times in a day if it is traded that much
James
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