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I don't remember if this question came up before:
If I have 200 nxt, 100 forging, another 100 maturing, and I send someone 100 coins, which coins will be part of the transaction? The still maturing coins, the matured ones, or it is random?
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This is brand new code, it takes a while.
I think the "alias" feature should have been put back and the Hallmark put forward - what is the point of trying to increase your traffic when you are getting attacked with zero defence? I agree. I can't be sure, but I get the idea that while CfB and others work on the network and other issues, someone else (maybe BCNext) working on the new features. After the source been released, more developers can work on these issues. Until then, they have their hands full I think. |
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"I did not have the patience to participate (or at least follow) the NXT development efforts for 24 hours."
Yeah - very funny - I have already invested BTC into this and I think my concern is pretty valid. You think it is fine that just 1 guy controls NXT? It was promoted as a "decentralized" crypto-currency - even Bitcoin was *exactly* that in its very first beta version. You are right, but please be patient. These issues are not new to us, they were common a few weeks ago. But day after day it got better with development. In the last week there were almost no problems. Until the current attack started. I'm sure it will be shorted out, so other attacks won't succeed in the future, but it could take a few days. This is brand new code, it takes a while. |
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Total weirdness indeed. I see people placing buy and sell orders at those prices so it seems to be possible. Something else that got my attention yesterday is that there are trades of 1 or 2 NXT at somewhat regular intervals. This is below the minimum order quantity of 10NXT and if it would be a partial fill, why is the price of those orders much higher than the lowest ask price?? Just makes no sense.
Yeah, the intent was when it was implemented a few days ago to limit market manipulation, but it's just not working out. It should be disabled. |
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why is there such a tremendous gap between sell and buy?
Nxt deposit to dgex were disabled for half a day, because of ddos attack, just got enabled again, the market will start to move again soon. |
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Hide currencies is another way of market manipulation... The best would be to give as much information as possible and then people take their decisions...
I think the best solution would be to add the Nextcoin with a tag saying: 100% generated or 100% premined!
Or people could just read the Wiki ( nxtcrypto.wikia.com), before making up their minds. (Or god forbid wait and watch a few weeks before doing that.) |
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anyone can make a guide on HOW rent and set up a VPS for newbies?
Yes, a complete quide would be good. (on wiki, or new topic) A few VPS recommendation. Min. requirement for public node. How to announce public node. Etc. The information is out there, but a step by step, detailed guide would be nice, and helpful to get more people to participate. This is a subject important enough to get a separate thread. |
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Setting up a node on a VPS.
2 GB RAM
2 Core
8000 GB bandwith
1 Gbps DDoS protection
Two questions about hallmark:
1. What weight should I use? The amount of Nxt I have?
2. Do I need to generate hallmark on vps, or can I generate it elsewere, and just copy the web.xml to the VPS?
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Nxt might have some interesting concepts but it is a total scam top to bottom.
Scam of the year right here.
Someone should do an analysis, I beginning to suspect that "scam" is the most used (not common) word on the forum, or getting there. Scam implies intent. Do you really believe that Nxt was only created in the hopes for just to get people money on the sort term? It's seems too much work for me. It's infinitely more simple to make another clone coin. Nxt has problems. Nxt may fail. But callin the whole concept (that is much more than a simple coin, it's a whole system of features - granted, only promised at this point) a scam? |
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I think you missed the point. When you spend money on hashing power to mine any other coin it doesn't directly enrich the existing coin holders or inflate the market cap and you can switch coins whenever you like.
In fact mining puts downward price pressure on any coin but NXT because as new coins are minted it dilutes the existing holders position unless they spend extra money to mine or buy coins from miners to maintain the same % stake in a coin. NXT is completely opposite, the holder with the most coins is always at an advantage.
Also although having a rig is a big advantage you can mine without one. You just don't receive the same returns but you can get returns. I average about 40 khash/s with the crappy 6 core processor on my rig. If I pointed that at dogecoin when it was first released I would have done OK, not great but Something. and I wouldn't have had to pay off the devs or stakeholders to do it.
It sounds like you don't have a problem with Nxt, you have a conceptual problem with all POS coins. You're gonna have a bad time, more are coming in the future. |
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seems like NXT is down due to being ddosed/high traffic
Anyhow 100% premined and one single exchange owned by the creator of the coin...
wait for the first fork of this system without the stakeholder story
Good luck with that. With POS somehow you have to distribute all the coins at one. Maybe there are better ways than how Nxt did it, but it's not that easy. |
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I can also confirm this happened. Something went down at the exchange? They finally decided to crash the party? Last time I checked, NXT was going up by leaps and bounds.
There is no Nxt goint into the exchange at the moment, because of doss attack. As this is the only exchange for Nxt, the prices are not reliable at the moment, no volume. |
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Even with 100k coins right now you have a very very tiny chance of mining a block.
Unless I'm mistaken, with 100k nxt you would forge a block around every two days. That's not too bad. Better than solo mining a CPU coin.  But I think that's not really the point. There are hundreds of altcoins, that has no function, their only reason to be is to be mined. That's nice if you can make money of it, but they have no real future. If you look at Nxt (and other such coins in development) with a miners mindset, they look almost worthless, (or a scam, or ponzi, etc) especially if you factor in that the pricey mining rigs has no function in these systems. The only way to look and evaluate them is what new ideas and functions they bring to the table. But that's not the avarage miners way. I agree with you on the initial distribution problem, but nothing do to about it now. Actually if you look at the traffic to and from dgex.com (exchange), the distribution are going really well, for a coin a few weeks old. Of course there are still some big accounts, but we'll see what happens in a few weeks/months. |
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BTC cashout is somehow malfunctioning. I'm trying to withdraw over 2 BTC with 1,4% fee but it throws me an error every time: "The maximum instant cashout is currently 2 BTC."
Should there be a withdraw limit with non-instant cashouts?
Same here. |
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That is what EXACTLY what we need! Can Come-from-Beyond verify that it is safe to use and/or provide other way to get all our assigned aliases? thnx  In your place I'd use the source. The code is really simple, a few lines, and it's simple to read, even if you don't know any AHK. The whole thing is two type of API request and data processing. Get transaction list with "getAliasIDs", then get every transaction detail from the list with "getTransaction". Much appreciated... didn't mean to disrespect you... just don't want to lose my aliases before I even know which ones I got!!! No offence taken. I would be cautious too, it's stupid to run any code you find on the forum. Here is an update, added some notes. https://dl.dropboxusercontent.com/u/7038903/aliaslist.ahk |
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That is what EXACTLY what we need! Can Come-from-Beyond verify that it is safe to use and/or provide other way to get all our assigned aliases? thnx In your place I'd use the source. The code is really simple, a few lines, and it's simple to read, even if you don't know any AHK. The whole thing is two type of API request and data processing. Get transaction list with "getAliasIDs", then get every transaction detail from the list with "getTransaction". |
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That was impressive. The stress test was a success. |
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(only 20M NXT coins have ever been traded on dgex and I highly doubt person-to-person would exceed another 80 million coins!)
How did you arrived to these numbers? The dgex account have 16,104,565 NXT right now, the all time transfers look like this: Amounts In : 162,316,928 Amounts Out : 146,212,876 I think that's pretty good distribution in two weeks. Let's see what happens in another two. It's incredibly early to arrive to any conclusion about something that's brand new. New code, new ideas, new implementation of existing ideas, new type of coin distribution. It may fail. People may lose money. So what? Other people will gain some. It's a zero sum game. On the other hand if the promised features get implemented, and the system works as hoped (including stakeholders selling/giving away their coins in time) it could have a long time impact. I think most people on the forum got used to quick results in case of crypto, and screaming scam at everything. In case of a new idea like Nxt, eMune and a few others, I think patience is key. |
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