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1021  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 24, 2013, 08:57:28 AM
well ive had enough, going down for the night..
1022  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 24, 2013, 08:51:12 AM
stuck at block 23641   id 11815532619314433882    235 %

anyone sees the same?

yes 2 of my 6 are on that exact one.  4 of the others are doing different things though.  not sure what to do..  should we be using 0.4.0 on the vpses or 0.4.2?
1023  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 24, 2013, 07:47:16 AM
so, when hallmarking my VPSs, is it necessary to unlock with any account?  if so, does it matter what account it is?  Id prefer to only use my passphrase on my PC here that I know is secure.

EDIT: and are our VPSs supposed to just be on 0.4.0 still?
1024  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 24, 2013, 07:28:48 AM
what port do i need to unblock for the client?

*edit* not for loopback to access the gui but for incoming and outgoing connections to peers

7874 and 7875 TCP

this is news to me... why should 7875 be forwarded on a NAT router/firewall?  I thought p2p only used 7874
1025  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 24, 2013, 06:47:19 AM
you guys are confusing me with weight.... i have 6 hallmarked nodes, each on a separate IP.  if i set the weight to 100 on all of them, then doesnt each hallmarked node appear to have 1/6 of my hallmarked accounts balance?

I think that no matter what you set the Weight too, the Weight will show what your account holds now. And if you add more to that account, the Weight will reflect that accordingly. So there is a need to set up a special 'node' account and fund it with 100 NXT only. Maybe someone can set up a donation fund just for that and verify that people indeed set up hallmarked nodes with the amount they received from the donation fund by looking up the IP in the peers list.

I just checked, it appears to divy up te balance base on the number of active peers. For example, I have 6 hallmarked nodes with the same account's hallmark (but different IPs in each hallmark) and 1 of the nodes sees 3 other hallmarked peers in the active peers list.  since thats 4 total nodes (itself and the 3 peers) I do see my account balance split 4 ways in the balance show on each peer.

My question is, do the VPSs need to be unlocked with any particular account, or do they just need to have a good blockchain and good peers?
1026  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 24, 2013, 06:28:50 AM
you guys are confusing me with weight.... i have 6 hallmarked nodes, each on a separate IP.  if i set the weight to 100 on all of them, then doesnt each hallmarked node appear to have 1/6 of my hallmarked accounts balance?
1027  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 24, 2013, 06:06:15 AM
i think we might be winning here... all of a sudden 3 of my vps's and my forging client here at home are all synced on 23547 @ 559%, gonna resync the other 2 now...
1028  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 24, 2013, 03:51:13 AM
on my VPSs, its not necessary to unlock an account on it, is it?  shouldnt I just be able to hallmark it and  start java and as long as it syncs the chain, I should be ok, right?

and if anyone is using a VPS provider that offers reverse DNS for their static IP, if you want a custom nxtcrypto.org DNS name, PM me with your desired hostname, for example "opticalcarrier1.vps.nxtcrypto.org". 

This WILL NOT WORK with VPSs that are already created, unless you really know linux and can change files around.  I dont have time for a tutorial for that now, so this will just be for new instances of VPSs.  Dont bother unless its for a new VPS or you will break other things in your VPS

The only provider I know FOR SURE that supports this is digital ocean, and when you create the VPS, just give it the hostname that I give you, the entire thing.  then in web.xml youll use that DNS hostname in place of the static IP.  and you will also use the DNS name in the hallmark creation instead of the IP address.  And then PM me your hostname and static and Ill add it to my nameservers.
1029  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 23, 2013, 09:44:23 PM
CfB:  just got a droplet online, it got stuck somewhere for a bit, after about 12 minutes loading from no blockchain at all, is now on 23222 showing 2958%
1030  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 23, 2013, 08:11:26 PM
thanks to neer.g for sponsoring 5 VPSs for 3 months.  big ones too, some 2GB RAM and 3TB data ones, i will make them public and will hallmark them and monitor them for free, he just paid for them since he doesnt have the knowhow to operate them.

i encourage others to do the same, im about to start working on getting them up  now.

what version NRS should I use?  and thanks laowai80 for the awesome tutorial
1031  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 23, 2013, 08:04:31 PM
Guys, I'd like to know how many of u, who run Nxt on a dynamic IP, have 7874 TCP port open for incoming connections. I'm going to get rid of "myAddress", peers will try to connect back to each other to make Nxt network more symmetrical.

me
1032  Alternate cryptocurrencies / Altcoin Discussion / Re: [BOUNTY] Announcements for Nxt (the first pure POS coin) on: December 23, 2013, 06:47:12 PM
Why are you too demanding, also what brings you to the  state of accusing other people using your data to configure their articles?!
Please see the following article Ive quoted for you.  It wasnt an accusation, like I said I was pleased they used my content, I just thought was odd that the author liked my content but you seem to not like it.


Here is a copy of the Press Release draft we have sent to bybitcoin for review before sending it out to Yahoo Finance, The Wall Street Journal and more (full service at http://bitcoinprbuzz.com/services)! Many of our Press Releases also appear on CoinDesk and Bitcoin Magazine. The Press Release has been partially funded by BTC donations so I am unsure if we are eligible for any bounties but I am posting it here anyway Smiley As soon as the release has been approved by bybitcoin we will send it out Smiley

Bitcoin Descendant NXT Features 100% Original Code Base, Green Mining, Decentralized Trading And Many More Primary Innovations

Second generation digital currency NXT possesses a 100% original code base, eliminates transaction confirmation wait times, utilizes 100% green (or low energy) mining, decentralizes trading, and enables the creation of smart property via “colored” coins. NXT currently possesses an entirely original code base, instant transactions and green mining; the rest of these features and more will be introduced in January 2014 when the new NXT client launches, with some believing NXT is poised to overtake Bitcoin within two years.

Unlike all other alt coins which are really just variations of Bitcoin, NXT is a completely original design built from scratch with an entirely new code base. NXT supports instant transactions while still being extremely secure; ending the endless confirmation wait times. NXT transaction speeds are almost as fast as the VISA and Mastercard transactions of the debt based economy which make buying and selling so convenient. But with NXT, those instant transactions can be just as anonymous as Bitcoin, bringing to its users the best of both the fiat and crypto worlds.

NXT is currently traded on the Bitcoin-Next Exchange with a current value of 0.00001000 BTC/NXT. However, the Bitcoin-Next Exchange is only temporary. Soon, centralized exchanges with their ever present risk of the operators suddenly disappearing and making off with the users’ funds, will be a thing of the past. The NXT wallet client is currently rolling out a new feature which will enable decentralized peer to peer trading between NXT and BTC, once and for all eliminating the need to place trust in whoever is behind the centralized exchange. Furthermore, those trades can be conducted completely anonymously.
 Decentralized trading is only the beginning. Next comes decentralized DNS (significantly enhancing Namecoin's current offering), decentralized instant messaging and chat, completely anonymous websites with no additional plugins required to browse them, decentralized stock exchanges, and peer to peer transactions of all kinds which are 100% green, secure, encrypted and irreversible.

NXT was initially brought into circulation by 71 stakeholders who donated a total of 21 Bitcoins in exchange for a stake in the NXT genesis block which generated one billion NXT. In other words, all the NXT has already been mined. However, transaction fees will continue to be distributed to all NXT wallet clients based on the portion of total NXT each client holds. This proof of stake mining, or more accurately, forging, completely eliminates the need to secure the network with vast amounts of hashing power. It also eliminates any incentive to control 51 percent of the network. Finally, it is a truly green network because the amount of energy required to “forge” transaction fees is minimal. Any ordinary computer with the client installed can forge; which means anyone worldwide can participate in and get rewarded for maintaining the NXT network.

NXT’s code supports the creation of “colored” coins, a way to designate specific coins and tie them to physical property. This concept has been attempted with Bitcoin but so far those attempts have been unsuccessful. The ability to “color” or designate specific coins serves as a bridge between the cryptoworld and the physical world. It also provides a way for cryptocoins to be tied to some kind of physical asset. This ability is already being built into the very foundation of the NXT code base.

With its instant transaction confirmations, decentralized trading, 100% green mining or forging, and utility for creating smart property, NXT has immediate utility, high demand and unlimited value because of the multitude of possibilities within its ecosystem.

One result expected to take off is a multitude of profitable decentralized autonomous corporations (DACS) which will be 100% backed by shareholders and which will pay out profits to shareholders in dividends. NXT will also support the near complete replication of existing financial systems—with the added benefit of actually being decentralized and anonymous.

For the first time in alt coin history, we will have a currency and infrastructure which is based on a 100% original code base, 100% green, accessible to anyone on the planet, truly secure, and fast. With NXT, anyone worldwide can participate in securing the network of this emerging next gen digital currency which is positioned to explode; the high barriers to entry which are characteristic of Bitcoin today will be a thing of the past.

To learn more: http://nextcoin.org
To trade NXT please go to: http://dgex.com
NXT thread on Bitcointalk: https://bitcointalk.org/index.php?topic=345619.0




Here are some mistakes you have made in your article:
1-The decentralized p2p exchange is based on coloredcoins feature, they are not separated, and that brings the necessity of having some gateways accompanying the exchange when the coloredcoin represents a currency (like btc) or any digital or real good (like amazon products).
Only for securities, commodities and stocks there is no need for gateways as there is no need for the actual release of the corresponding good.
A mistake?  No, I never STATED they weren't related.  So you want to nitpick the way I present, but then you have just said:
The general article is about general facts on Nxt. It is not quantum physics
OK so its not to the level of quantum physics, yet you seem to want an EXTREMELY DETAILED article, which would go well past the content size and readibility level of a coindesk article approaching the level of a white paper, which is NOT what you want for a general article.





2-You say the following at the end of your article:"Now, on to the nuts and bolts of Nxt’s implementation of PoS.  Its elegantly simple: transaction fees are distributed out proportionally to all users based on the amount of Nxt a client has. (assuming that client is running and unlocked).  So if a client has 1 million Nxt, then they have 1/1000 of a chance of receiving the transaction fee for any transaction.  The math here is 1 million (amount the client has) divided by 1 billion (total Nxt in existence) is 1000, so that is 1/1000 of a chance."
This is wrong: tx fees are not proportionally distributed to all users based the amount of Nxt a client has, actually the chance to generate the next block and gain all the tx fees included on that block is proportionally distributed among them based on their balance.. they are different things!
once again, do you want this presented to the level of quantum physics, or to the length of a typical coindesk article?  I elected to skip discussions about blocks contaning multiple transactions, and to deal with transaction fees as obtaining transaction fees are the goal of forgers.  Like I said, this needs to be kept to the size and comprehension level of a coindesk article.  What you describe is more appropriate for a whitepaper, not a general article.




I said the article needs some nice pictures and flowchart, you then copy-pasted a general picture at the start of your article.. is yours really in the level of a coindesk standard article?!
Like I said, the finished picture will have an overlay of the voted on logo.  Those other alt coins in the background of the logo is the PERFECT picture for this.  The need for a chart is a legit critique for this.  I see eveyone has elected to not do this, I guess I should do this.  Besides that, yes it is to the level of a coindesk article.  Someone elected to post my article to the wikis out there and its even started to be translated in lots of places.  Its brought LOTS of people to NXT.




My time and funding source is limited, perhaps you and your colleagues that are running and leading the hot topics of Nxt Foundation and Nxt Bounty projects in nextcoin.org forum can shape a donation pool (being kept by themselves) and start taking a part and helping, just talking doesn't solve anything at all!
This has already happened.  Our forum's bounty pool has just bailed though, to the dogecoin project, leaving me the keys to the pool, and with all the attacks lately I havent had time to do anything about it.  Ive volunteered to manage FOR FREE, VPSs for any donor stakeholder who pays for the VPS.  So Im pretty busy here myself.




It appears you have something against me.. Not sure what it is other than the typo I made to you in a PM after in the trading tread you sold 1M NXT to someone at rate of 5BTC/1MNXT and I was trying to ask if you had more for sale at that rate, instead I accidentally referenced 1BTC which was obviously incorrect according to the trade you just made, instead you mocked me back in a PM.  So I replied saying it was an accident and referenced the 5BTC trade you made and let you know thats what Im talking about.  No reply.

So whatever dude.  Its obvious you will not pick my article.  Even though its by far the best, most original one, submitted by your date, and has already been published all over, already fulfilling the function of a general article.  Ill just go ahead and publish to coindesk regardless of wheter or not you pay me, and see what *they* tink about it. because its good for NXT.  You just go right on being butthurt about me.  Personally, I NEVER give other people that much control over me.  Your mileage may vary.  Merry Christmas!
1033  Alternate cryptocurrencies / Altcoin Discussion / Re: [BOUNTY] Announcements for Nxt (the first pure POS coin) on: December 23, 2013, 06:46:17 PM
Why are you too demanding, also what brings you to the  state of accusing other people using your data to configure their articles?!
Please see the following article Ive quoted for you.  It wasnt an accusation, like I said I was pleased they used my content, I just thought was odd that the author liked my content but you seem to not like it.


Here is a copy of the Press Release draft we have sent to bybitcoin for review before sending it out to Yahoo Finance, The Wall Street Journal and more (full service at http://bitcoinprbuzz.com/services)! Many of our Press Releases also appear on CoinDesk and Bitcoin Magazine. The Press Release has been partially funded by BTC donations so I am unsure if we are eligible for any bounties but I am posting it here anyway Smiley As soon as the release has been approved by bybitcoin we will send it out Smiley

Bitcoin Descendant NXT Features 100% Original Code Base, Green Mining, Decentralized Trading And Many More Primary Innovations

Second generation digital currency NXT possesses a 100% original code base, eliminates transaction confirmation wait times, utilizes 100% green (or low energy) mining, decentralizes trading, and enables the creation of smart property via “colored” coins. NXT currently possesses an entirely original code base, instant transactions and green mining; the rest of these features and more will be introduced in January 2014 when the new NXT client launches, with some believing NXT is poised to overtake Bitcoin within two years.

Unlike all other alt coins which are really just variations of Bitcoin, NXT is a completely original design built from scratch with an entirely new code base. NXT supports instant transactions while still being extremely secure; ending the endless confirmation wait times. NXT transaction speeds are almost as fast as the VISA and Mastercard transactions of the debt based economy which make buying and selling so convenient. But with NXT, those instant transactions can be just as anonymous as Bitcoin, bringing to its users the best of both the fiat and crypto worlds.

NXT is currently traded on the Bitcoin-Next Exchange with a current value of 0.00001000 BTC/NXT. However, the Bitcoin-Next Exchange is only temporary. Soon, centralized exchanges with their ever present risk of the operators suddenly disappearing and making off with the users’ funds, will be a thing of the past. The NXT wallet client is currently rolling out a new feature which will enable decentralized peer to peer trading between NXT and BTC, once and for all eliminating the need to place trust in whoever is behind the centralized exchange. Furthermore, those trades can be conducted completely anonymously.
 Decentralized trading is only the beginning. Next comes decentralized DNS (significantly enhancing Namecoin's current offering), decentralized instant messaging and chat, completely anonymous websites with no additional plugins required to browse them, decentralized stock exchanges, and peer to peer transactions of all kinds which are 100% green, secure, encrypted and irreversible.

NXT was initially brought into circulation by 71 stakeholders who donated a total of 21 Bitcoins in exchange for a stake in the NXT genesis block which generated one billion NXT. In other words, all the NXT has already been mined. However, transaction fees will continue to be distributed to all NXT wallet clients based on the portion of total NXT each client holds. This proof of stake mining, or more accurately, forging, completely eliminates the need to secure the network with vast amounts of hashing power. It also eliminates any incentive to control 51 percent of the network. Finally, it is a truly green network because the amount of energy required to “forge” transaction fees is minimal. Any ordinary computer with the client installed can forge; which means anyone worldwide can participate in and get rewarded for maintaining the NXT network.

NXT’s code supports the creation of “colored” coins, a way to designate specific coins and tie them to physical property. This concept has been attempted with Bitcoin but so far those attempts have been unsuccessful. The ability to “color” or designate specific coins serves as a bridge between the cryptoworld and the physical world. It also provides a way for cryptocoins to be tied to some kind of physical asset. This ability is already being built into the very foundation of the NXT code base.

With its instant transaction confirmations, decentralized trading, 100% green mining or forging, and utility for creating smart property, NXT has immediate utility, high demand and unlimited value because of the multitude of possibilities within its ecosystem.

One result expected to take off is a multitude of profitable decentralized autonomous corporations (DACS) which will be 100% backed by shareholders and which will pay out profits to shareholders in dividends. NXT will also support the near complete replication of existing financial systems—with the added benefit of actually being decentralized and anonymous.

For the first time in alt coin history, we will have a currency and infrastructure which is based on a 100% original code base, 100% green, accessible to anyone on the planet, truly secure, and fast. With NXT, anyone worldwide can participate in securing the network of this emerging next gen digital currency which is positioned to explode; the high barriers to entry which are characteristic of Bitcoin today will be a thing of the past.

To learn more: http://nextcoin.org
To trade NXT please go to: http://dgex.com
NXT thread on Bitcointalk: https://bitcointalk.org/index.php?topic=345619.0
1034  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 23, 2013, 03:57:26 PM
I was able to read instructions in this thread and download new nxtfiles.zip and revert back to 0.4.0 and BAM I came right back up.  I only assumed you were a troll because you seemed to be unable to read.  or unwilling, and wanted someone to hold your hand

The version of the software on the forum is still 0.4.2 (and I am not going to install some random software - so if they want to *downgrade* it then do it on the forum where everyone gets it from).

I don't believe the version is the issue though as I trashed all 0.4.2 connections (so I could not be connected to the "zombies" according to CfB's own description of them).


im an admi/moderator of that forum.  its down so i cant update it.
1035  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 23, 2013, 03:34:58 PM
dont be an idiot.  do you not realize that bitcoin had no attacker in its infancy?  everyone ignore this retarded troll

Yes - thanks for the compliments (if you read my history of posts you'll see I never troll but I guess you don't care about that do you).

I think the point I was trying to make perhaps has got lost - so let me try and say it more clearly:

"The software is unable to get new blocks"


weird.  I was able to read instructions in this thread and download new nxtfiles.zip and revert back to 0.4.0 and BAM I came right back up.  I only assumed you were a troll because you seemed to be unable to read.  or unwilling, and wanted someone to hold your hand
1036  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 23, 2013, 03:28:12 PM
will a VPS with a 100mbps connection be OK?  or do we need the 1G?  I found one eith 4GB RAM and 4TB data per month for $18.  not sure how much extra data costs yet though, but its got a 100m connection.  will that be fine?
1037  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 23, 2013, 03:26:17 PM
"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.


dont be an idiot.  do you not realize that bitcoin had no attacker in its infancy?  everyone ignore this retarded troll
1038  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 23, 2013, 03:05:52 PM
Guys - the software is really broken - we are all downloading the blockchain from CfB every few hours.

This is 100% *centralized* and 100% *wrong*.

If this isn't fixed very soon then I will be starting a new topic about this (as seemingly everyone else here is just happy to keep downloading new blockchains from a central source).



What will the title of that topic be?

"I did not have the patience to participate (or at least follow) the NXT development efforts for 24 hours."



remember, that were are still in beta, not officially launched.  My bet s that unless BCN sees the stakeholders get off their asses and fund some VPSs that he will delay the official launch.

As evidenced by yesterday, we still havent attained cricital mass n the network, the VPS things wont be permanent once the network gets large enough

I have offered to maintain 5 VPSs for free, if someone wants to fund them, and was immediately taken up on the offer.  Can others who are techniclly competent to do the able to make the same offer and get funded by a large donor?
1039  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 23, 2013, 03:24:23 AM
i was having all kinds of issues till i hallmarked my node, and just picked a node with a dns name as a single wellknown host.  then used a nearly 24hr old blockchainfiles backup, my client then caught up all recent blocks and am on 22588 now.  maybe a coincidence though

How to "just picked a node with a dns name as a single wellknown host"?

look in active peers, find a named entry (not an ip address) and put that in the xml file as the only wellknown host
1040  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 23, 2013, 03:21:40 AM

Finally, I got the longest chain!

Method:

1) Download the nxtfile https://dl.dropboxusercontent.com/u/67242472/nxtfiles.zip
2) unzip nxt.zip to a new directory
3) unzip nxtfiles to the new nxt directory
4) java -jar start.jar




What's your block now?

seems that I'm not the longest
I'm at 22550



I'm stuck at 22665

im at 22603, but im not stuck, my chain is still building.  still more forks i  guess.  blockexploer seems stuck at 22526
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