Read the comments to the video for current developments, things are being considered on a new offer |
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BoldedSome simple questions about nxt so I don't have to look them up: 1) Is transparent forging really implemented? I thought not The part that allows you to predict the next block is, you should be able to confirm this yourself using the tool above. TF is several interlocking bits so you can't really pick a point and say "that's when TF began". And not all of it is implemented yet.2) Is https://bitbucket.org/JeanLucPicard/nxt the latest source code? if not, where do I find it? do I really have to decompile Java?
I believe so. Every version ships with the source code in the 'src' folder so you could use that for the latest version. Not sure it is in as usable format though3) If account A transfers some amount to account B (which was already verified) at block N, can B use that stake to forge block N+1? if not, when will it become part of B's effective balance?
You have to wait for N+1440 blocks before it counts in B's effective balance again. You can't broadcast a transaction, move the Nxt, broadcast again in the next block in a new account, move, broadcast move etc. using the same NXT. 4) Is re-leasing possible? if A leases to B, can B re-lease to C without approval from A? No5) which is the best place to ask these questions? nxtforums? which section? Nxtforum is best.
Technical general questions: https://nxtforum.org/general/
Transparent Forging: https://nxtforum.org/transparent-forging/
Thanks! You're welcome. Keep it up! So, found any holes the Nxt devs missed in their implementation?  |
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Comments on these things are always so revealing  Never trust a news source/blog with them. |
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I lol'd  |
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This article needs to be amended. UtopianFuture never left and he is still attacking others. |
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Those that run the website have nothing to do with the Nxt Core development and technology, UP.
Move this to the other thread.
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Guys, in the other thread please This thread is intended for core feature discussion. |
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I've updated the OP with some history of the releases (Transparent Forging and Arbitrary Messages), more will be added soon.
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You can use mynxt.info on any platform through a browser.
Oh, NXT online wallet? Seem great! Will be creating a wallet soon, since there is no need to download anything. You could also try https://nxtblocks.info for another online wallet option. They aren't fully featured wallets yet but they get updated regularly. Not android but if you want something similar to traditional wallets, try http://www.mofowallet.com. It uses a wallet.dat file that you can store alongside any other coins you hold. |
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slovakian ... is it joke ... how many people live there
it should be translate to norwegian and swedish
and danish and islandish too
Translations are done by volunteers, someone who speaks slovakian spent time to translate the client. If you know anyone who speaks swedish/norwegian etc. Then they can help out and do the same. |
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An offer is back on the table, using Monetary System. Ltbcoin would continue but move to the Nxt platform and be backed by 1million Nxt. https://nxtforum.org/general-discussion/offering-4-million-nxt-to-buyout-ltbcoin-7773/msg153332/#msg153332@Febo, it is business. It is about win-win. Now Marc better understands Adams goals, he can modify his offer. There are benefits to moving to Nxt. A faster blocktime for one. Not having to worry about securing the coin two. And it gives Adam access to all Nxts features, he could float LTB on the Asset Exchange in a few years. Nxt gets to showcase the power of the platform. Win-win. |
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First of all, POW mining is only one of Nxt's Monetary System use cases. There are five properties to choose and mix: Controllable, Reservable, Claimable, Mintable, Non-Shufflable. You can use these to create stores of value (locking Nxt into the creation creates a floor price), crowdfunding (funds returned automatically if target isn't reached by a certain block) and secure retail vouchers (tokens can only be set to and from the issuing account). See here for more information: http://nxter.org/nxt-core-monetary-system/ and https://wiki.nxtcrypto.org/wiki/Monetary_SystemThere is nothing artificial about the work done in MSCoin POW. And the more hashpower will get you more coins. Also don't mistake this for a change to Nxt, it's security is still 100% POS. How about a POS without any inflation? After all, even small amounts of inflation erodes value over the long term. |
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Ok. I can't answer for Peercoin family |
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You're a legend Marc Interested. Edit: just got to the end of the video. Pity. For his use case, there is the possibility that an Monetary System coin is suitable. It would mean he wouldn't need to secure his own blockchain, just concentrate on creating the value he wants. |
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Which POS implementation are you referring to Ray? There is a lot of vocabulary in you first paragraph that seems to imply Peercoin family. What is a matured coin?
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I was just about to post that I was pretty sure you hadn't read the paper! Sorry, was 2-3 pages behind. |
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BoldedI read it the same way as achimsmile, I think a comma/fullstop/words were missing in your rush "Around 20% would be quite a lot, or if I may say, with the current total amount of stake forging . So around 23% of stake would give you a shot at a 51% attack as there is about 45% of the stake forging at the moment." I think ^ is what you meant. But it read as though only 23% of people were forging. Isn't this more or less exactly what's expected? You need around half of the total staking power to attack? Yes, that's it. Some simple questions about nxt so I don't have to look them up: 1) Is transparent forging really implemented? I thought not The part that allows you to predict the next block is, you should be able to confirm this yourself using the tool above. TF is several interlocking bits so you can't really pick a point and say "that's when TF began". And not all of it is implemented yet.2) Is https://bitbucket.org/JeanLucPicard/nxt the latest source code? if not, where do I find it? do I really have to decompile Java?
I believe so. Every version ships with the source code in the 'src' folder so you could use that for the latest version. Not sure it is in as usable format though3) If account A transfers some amount to account B (which was already verified) at block N, can B use that stake to forge block N+1? if not, when will it become part of B's effective balance?
You have to wait for N+1440 blocks before it counts in B's effective balance again. You can't broadcast a transaction, move the Nxt, broadcast again in the next block in a new account, move, broadcast move etc. using the same NXT. 4) Is re-leasing possible? if A leases to B, can B re-lease to C without approval from A? No5) which is the best place to ask these questions? nxtforums? which section? Nxtforum is best.
Technical general questions: https://nxtforum.org/general/
Transparent Forging: https://nxtforum.org/transparent-forging/
Thanks! You're welcome. Keep it up!
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Network is secured by Proof-of-Stake but repartition of coins by Proof-of-Work!
That's a new paradigm in the altcoin/crypto universe.
So the PoW is just for coin distribution? Yes. |
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