People can come and tell us that in the refund thread. Once they proof it's them via a signed message we exchange the old account for the new one. E.g. James already did that and he is not the only one.
Yes, as long as they have original wallet and can sign or prove it. Otherwise they are screwed  |
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I know someone who will be very happy to see this  I am happy because I don't want my stake tied to BTT ID. 2Kool4Skewl already lost his account as his account got banned. He is probably not the only one. Some accounts were hacked too (i.e James jj77). I am not sure how many accounts will never come back and claim their stakes. That number can be as high as 25% (going by the fact that out of 100 Nxt stakeholders only 73 claimed the coins eventually). |
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As a newb how much NXT would I need to buy to make "forging" profitable? I currently mine NAUT and VTC. What kind of processing power does the forging require, does it just run on the CPU?
The purpose of forging is not to make profit but to secure the network. Maybe some day when we have 100s of transaction per minute, it might be profitable. I doubt there is any profit now. Still to forge once a day you need over 300,000 Nxt |
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I am pretty sure it could be automated 100%. People will send their Nem tokens back to UP with Nem address included and they would get 1 token to 1 Nem via automated (could even be instantaneous) process to that address. |
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NEM tokens is a great idea!!
Please consider 1 NEM = 1 Token. So that way just about anyone can buy one. It will spread out the distribution a lot more!!
Impossible. The best it could be is to have 1 more digit after zero. What does that mean? There is "Love" on Nxt AE with 99'999'999'999'999'999 tokens. How is that possible? |
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What is the minimum number of alphanumeric characters to use for a safe Nxt passphrase?
Around 22 random char (not predictable) has more than 128 bits of entropy, which should be fine. 62^22 > 2 ^128 |
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stakeholder's opinion https://bitcointalk.org/index.php?topic=426303.msg6813411#msg6813411For current NEM stakeholders, if you want to have NEM stake asset tokens issued which are convertible to Nemcoin after we launch, then saying something here. It will be via Nxt asset exchange. If there are a lot of demand then we will issue the asset tokens. For that matter, if you want to issue tokens via counter party protocol, we can do it too if there are high demand. The rules will be made clearer if there is indeed a big demand to issue tokens. Add: I should make it clearer that current stakeholders could be issued the tokens on demand, but it is not for selling more NEM shares. Technically it is a temporary transfer of NEM stake ownership from my Google sheet to Nxt asset exchange.Not sure how it will work, but I would like to see stakeholder distribution list moved to Nxt asset exchange for various reasons (1) Less risk of losing the stake by getting banned from BTT (2) Stakeholders can sell their stakes (or partial stakes) if they want without any third party involvement (3) Safer. I am pretty sure someone who have access to BTT server can read messages. Is it really secure to use BTT messaging system to distribute Nem? Lets have 3 billion assets on the asset exchange. Stakeholder post their Nxt ID here and get one million Nem shares (just like the original plan) They are free to sell parts of it if they want. Once Nem is released, the shares can be convertible to actual Nem |
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I installed the windows wallet with the installer. It is possible to just install a service and then access the UI with the browser? This way, it can be foraging out of the way, and when I want to use the wallet I can just browser to the localhost address?
My recommendation always is to use http://nxtra.org/You can still connect via browser http://127.0.0.1:7876/ and also have desktop version. That .org link gives a 302 redirect to /faucet which returns a 500 error response? Fixed http://nxtra.org/nxt-wallet/(1) It can auto update to newest NRS when it's released. (2) It can minimize to system tray. (3) you can still use your regular browser by going to http://127.0.0.1:7876/(4) It's a full node (5) It behaves like regular Windows app (unlike run.bat that you have to do with just getting NRS version) (6) One click install to correct directory, shortcut to start menu, etc The only bug is that if using the desktop interface (instead of using the browser) you have to do Cltr + C and Ctrl + V for copy and paste as right click isn't working. This is minor point. |
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I installed the windows wallet with the installer. It is possible to just install a service and then access the UI with the browser? This way, it can be foraging out of the way, and when I want to use the wallet I can just browser to the localhost address?
My recommendation always is to use http://nxtra.org/nxt-wallet/You can still connect via browser http://127.0.0.1:7876/ and also have desktop version. It can also minimize to system stray (tools/options) so it's never in the way. It also can do one click auto update to newest NRS version |
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I don't know what to tell about the whole 10-20x profit... but can you imagine if the Qora client had a built-in exchange like eXo? So, does Qora have built-in exchange? No... I was just trying to denote that eXo has unique features... thus making the profit target our friend was asking about very likely. 50% up for mining will hurt though, long term. That's a lot of new coins that will be easy for anyone to accumulate and dump. |
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But we may never know. UP is a very talented leader. Would you say Satoshi had this quality?
Satoshi was academic. Look at his writing style (forum posts) and white paper. Neither BCNext nor UP are academics. |
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To know everything in there is according to the rules of the node. Otherwise how would the node know if there are invalid transactions/blocks in the db?
Assuming the database is correctly build. And if a malware "uncorrected" it while the node wasn't running? A node needs to verify the entire blockchain at startup to be sure everything is legitimate. |
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Problem is the rescan of the blockchain. That is not necessary if everything is moved towards the database. We will need to wait for that.
A node still has to verify the entire blockchain at startup regardless if it's in database format or serialized objects. This is a requirement and it's same for all cryptos that run as full nodes. Ah, err, why? It needs to check all blocks are legitimate and contain legitimate (not fake) transactions. If it doesn't, then it's not a full node and doesn't play any part in network security. |
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Problem is the rescan of the blockchain. That is not necessary if everything is moved towards the database. We will need to wait for that.
A node still has to verify the entire blockchain at startup regardless if it's in database format or serialized objects. This is a requirement and it's same for all cryptos that run as full nodes. |
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1-click-clients are available, how much they are a node does not matter to the most users as Nxt is lightweight already.
+1 No, NXT is not lightweight. I have an old laptop that I use for traveling and it takes several minutes until the nxt client is ready to go. Multibit takes 20 seconds. Well, NRS has to start and verify the blockchain. It's pretty fast on my desktop (less than 30 seconds) , but I am sure this will be slower on a laptop. Once Wesley releases his lightweight client (as browser extension) that will be instantaneously fast as it won't need NRS and local copy of blockchain. He has too many other stuff to do, though. DGS should be priority right now. |
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It does. As nodes needs to do. Yes, but with a local copy of blockchain and full NRS running in the background. There are no clients like Electrum that function without NRS and local copy of blockchain. wesley wass supposed to release a lightweight version as chrome/firefox extension but he probably is too busy with DGS and other stuff, so we have zero such clients right now. All clients available right now run as full nodes. |
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1-click-clients are available, how much they are a node does not matter to the most users as Nxt is lightweight already.
I was responding to your comment about supporting the network. Wesley desktop client supports the network and forges as it runs NRS on the same computer in the background. It's still one click install and one click run. It does not connect to public nodes There are no such clients that connect to public nodes. NxtSolaris was the only one. |
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2) running a Nxt client; this only connects to the network and presents a native user interface
You actually did 1). That is good for Nxt because it stabilize the network. +1
You can do 2). That is no problem. There are plenty of 1-click-clients out there. (I like the Wesley client, but well, do not hesitate to checkout others!)
This is not true. There is no such lightweight client that connects to public node and does local signing. NxtSolaris was the only one, but it has not been updated for NQT. OffSpring and Wesley's native desktop client run the node locally. http://nxtra.org/nxt-wallet/I do wish he fixes the right click issue quicker. It can be serious problem if someone doesn't know Ctrl + V works as paste (to paste password for example) |
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Newbie question - how do you generate or access the alpha-numeric version of your NXT address? i.e. the one that starts with NXT and is followed by 4 hyphenated sets of mixed numbers and letters TIA  Go to "Settings" and switch to "YES" in "Use Reed Solomon Format". If you use version 1.1.3 it should work out of the box. Thank you and iruu - now upgraded to 1.1.3. another question though - to run the NXT client, I first need to click the run.bat file (re which i've created a desktop shortcut) and then I can connect, via, my browser to the client - I've always assumed that that's the way it's supposed to work - i.e. a 2 step process. Is that right? The reason I ask is because with other coin wallets all I need to do is click on the desktop icon (or the tray icon) and those wallets open without needing to click on a run.bat file If you want one click install (without first run.bat) you can use http://nxtra.org/nxt-wallet/It has a bug that right click for copy and paste isn't working, but you can do Ctrl + V for paste and Ctrl + C for copy. This bug will probably fixed soon. Also, you can still use the browser version while http://nxtra.org/nxt-wallet/ version is running. |
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BCNext had people rewrite his posts in their own words so noone could id him through his way of writing. Do you really think he would tell you if he was UP ?
Not to mention that people usually aren't gonna tell you their real name even if their not "famous".
Also, UP is the organizer of the project, but not a developer. Both Satoshi and BCNext were programmers. |
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