Not the girst version of 1.5 but one of the updates will have the installer integrated into the core. No more little black window  |
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-make sure you have the correct version - make sure the db is in the same file structure (nxt-default.properties will tell you) - make sure properties points to the file (again)  I've never tried this service or on windows, but I've heard this works somehow. What version of client are you running?
If you have just upgraded to 1.4 .16, you have to delete the 'lib' folder too.
But it sounds like you might be using the installer version of Nxt rather than NRS?
Thanks for the responses. It turns out I was running the wrong version!! I was running the installer version when I should have been using the NRS. I just downloaded the NRS and it seems to be working now and the blockchain file I downloaded is now recognized although strangely, 1.4.16 didn't work once the lib folder was deleted so I kept it. The NRS doesn't slow down my computer as much as the installer version too which is good to see although I'm not sure why this is the case. EDIT: I decided to switch to version 1.4.15 of the NRS instead but everything else is still the same. You were too quick, installer now updated: |
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Not sure why but the blockchain file downloaded from PeerExplorer doesn't work anymore. I replaced the nxt.h2.db file in nxt_db (full path was actually C:\Users\Bizmark13\AppData\Local\Nxt Wallet\nxt\nxt_db) with the version in the downloaded zip file and instead of opening like usual, the NXT wallet shows a "NRS server has exited" and "Database shutdown completed" error and then shuts down. Tried it both with and without the included nxt.lock file as well as replacing the whole nxt_db folder with the downloaded version but nope.
Oh well. It looks like I'll have to download the blockchain via the client then. Hopefully it shouldn't take too long.
If you have just upgraded to 1.4 .16, you have to delete the 'lib' folder too. But it sounds like you might be using the installer version of Nxt rather than NRS? |
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Beat me to it  |
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You weren't frothing at the mouth in your post so there is no reason why anyone else should be and you seem genuinely interested so the following applies to Nxt POS Longest chain rule with highest difficulty applies in Nxt too. Nxt is pretty much the same as bitcoin if you imagine each Nxt as a mini mining rig. The current solution to joining the network after a break or initially is the yet to be implemented Economic Clustering feature. The idea being, to complete a transaction you both have to be on the same chain. So everyone joining would look to an entity (or two or ten) that makes a lot of activity I.e. a store, exchange etc. This is where the economy clusters around. Everyone has the incentive to be on the same chain, as otherwise their transactions are void so number of forks should tend towards 0. I believe Vitalik refers to this concept as Weak Subjectivity whrn he wrote about it in his blog. In theory, if 51% the network nodes and passing around garbage chains then as long as people stick to the economic cluster (which I believe will be automated but don't quote me) then the attack will be resisted (a lot of garbage floating around though). I believe this is what led BCNext to believe Nxt was 90%+ resistant to attack. And the garbage chain would still have to have a higher block height and difficulty to stand a slim chance of a shred of success, which I think Kushti and Anduiman have shown is very very unlikely. Kushti will correct me if I am wrong |
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Hashes do not match. It's probably a NXT whale engaging in Federal Reserve-styled bail in's and they'll cash out shortly.
Funny how other accounts that have been quiet re appear when you do UtopianFuture  |
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Any of these coins out there still worth mining?
My NXT is stuck because the block chain doesn't download properly
You can download the blockchain from peerexplorer.com. Just delete the nxt_db folder you have and copy in the downloaded folder. |
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nxt fudding has pretty much stopped entirely since all these academic papers came out.. nice job.. All I have seen is trying to twist the definition of "Nothing at Stake" to try and keep it alive (Kushti's rationalisation in his summary was a list of "N@S definitions so far" rather than thoughtful proposals) . Of these twists I've seen, none are POS specific and POW have it's own versions. GMaxwell warned Bill White off of using POS, so I pointed him to this research but he has made no comment as yet... |
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OP + 'others', I haven't seen this amount of sockpuppets agreeing with each other in a long time If Come-from-Above is here, where is UtopianFuture the main controlling sock? |
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Not been following the thread but I saw this and it reminded me of something I was going to ask... in that case, give a certain amount to anyone who has a nem address in the genesis block. >1700 addresses, the vast vast majority i would think are unique individuals as you would have had to been a modern day Nostradamus to get past all the sock puppet removals. also if you do it by giving the exact same amount to every person in the nem genesis block, it will be a perfectly even wealth distribution. this is assuming its not a for-profit venture.
I asked about the original lists of users previously and I think there were about 2850 in there before any removals/losses etc. The above suggests there are 1700 individuals involved in NEM, presumably based on some analysis. So I wondered why there are 4000 stakes in the distribution? Is there any step by step 'thing' (post/article/etc) describing how NEM distribution has changed from 2850 > 1700 > 4000? If not, it might be worth doing for transparency. |
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How is MS doing? Any good (or bad) news? I am quite disconnected these days.
Wolf0, well known in the the mining world it seems for custom settings/mining software, is quite involved. Check out his posts here or on nxtforum. Also ScripterRon on Nxtforum has written a GPU minter. Seems to be popular with a growing group, I guess speculating on the future value of the 'first mover' MSCoins. If such a thing exists |
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Hi you send your btc to a multi sig address that's distributed over 3 or so servers. Then after 6 confirmations you get mgwBTC asset and you sell/bid/ask that for nxt on the asset exchange. Trades take as long as nxt blocks. Look into instantDEX for real time decentralised trading. So the trades at mgwBTC are not instantaneous? Also, how the distribution of bitcoins between 3 (or more) servers helps prevent robbery? It may make it more difficult to steal all the bitcoins from all the servers, but this still doesn't prevent server hacking AND stealing the funds, if I'm not missing something. My point being that I lose control over my funds once they are sent to the exchange. Is this not what decentralised exchanges are supposed to get rid of? Trades of mgwBTC (on Multigateway > MGW), are not instantaneous. InstantDex (which makes use of MGW) is designed to be (testing next week, proof of concept showed 3-5 sec). The three servers don't split the BTC, these are split among many accounts (proportional to the amount of users, IIRC). There is no huge hot or cold wallet. The three server operators only confirm transactions, using multisig. All three have to be in agreement before a transaction takes place. It have increased the point of failure from corrupting 1 server/exchange owner to 3. 1 server operator can't do anything on their own. I would call MGW a distributed or 'most decentralised' exchange at the moment, InstantDex is designed to be truly decentralised. When you send 1 BTC to MGW, you automatically get sent 1 mgwBTC. This is 'backed' by BTC in the true sense of the word as it is directly convertible back to BTC (which are spread between many accounts and protected by multisig accounts above). The mgwBTC are stored in your wallet, not on the exchange so you control the keys. And the coins backing them are protected by multisig. For instantaneous, rather than 'not centralised', transactions then I think you would be more interested in InstantDex. |
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Since BTER went down, Nxters have switched to Multigateway http://coinmarketcap.com/currencies/nxt/#marketsLiquidity is growing. Anyone who wants to give MGW I try for BTC trading (tight spreads, very very low fee), I can answer any questions. Are orders executed real-time (or close to) there? I still can't imagine how it would be possible to make order execution real-time at a decentralized exchange. After the bter fiasco, I'm strongly incentivized to look deeper into the matter (with safety of my money being the primary focus, of course). That is the aim, not sure what the latest is. I have asked in the support thread, that is a good place to ask any questions; https://nxtforum.org/nxtservices-releases/multigateway-user-support-thread |
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The first decentralised exchange with instant (~3 secs) will be going into testing soon. I added fixed fees of 2.5 NXT per side for direct exchange. will be another 5 NXT for a hybrid orderbook trade
so this is a 5NXT to 10 NXT per trade and will discourage small orders and also those annoying bots that bid 1 satoshi higher, they wont be able to do that as the fee per trade is too expensive.
but for trades of ~0.2 BTC it is 0.1% fee, for 1 BTC trade it is <0.025%, which is quite a good deal
I added some error handling, but need to debug it as it is rejecting all trade offers. Anyway the basic function of InstantDEX is working via API, net week I hope the GUI team will release something like: yunbi.com/markets/nxtbtc just without all the centralized parts.
So finally we are close to being able to test a decentralized crypto exchange that looks like a centralized one. No charge for making/cancelling bids/asks and just a low fixed fee for trades. Additionally I will be deploying automated market makers for the major issues with a target bid/ask spread of 1%. this will create a lot more liquidity and value for everything involved. And of course BTCD will be the reference currency for the hybrid orderbooks that will bridge the crypto coins with the NXT assets
James
tl:dr it's ok to start getting excited
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Mulltigateway.org
Been up and running for months. It is based upon 3 servers, run by 3 different businesses, needing to agree before authorising a transaction. There is no central wallet to hack, cryptos are balanced among many accounts.
You can currently trade:
BTC
BTCD
LTC
DOGE
BC
VIA
(Some in maintenace, as I type)
With these in development:
VRC
OPAL
BITS
VPN
Others can be requested.
Since BTER went down, Nxters have switched to Multigateway http://coinmarketcap.com/currencies/nxt/#marketsLiquidity is growing. Anyone who wants to give MGW I try for BTC trading (tight spreads, very very low fee), I can answer any questions. |
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Yawn... even EvilDave is getting of going over the same ground over and over  |
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I'm sure there will be sone technical and security challenges to over cone but it is def coming down the track
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Yes. In theory it makes all the core features and any third party features any dev comes up with available in one wallet.
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1. Will have 1 hour lecture @CoinFestRussia http://en.coinfestrussia.com/ . If you around, welcome 2. Voting_2phased branch is merged with develop, so 1.5.0e will be deployed to the testnet soon V1.5.0e released for testnet soon. If you look at the world map on peerexplorer.com, you'll see a dev node already running on the mainnet Usually 1-2 weeks between testnet and mainnet release. Another tool for Nxt's ecosystem is added |
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