oh come on out and just sa it...

If token contained a website this would create a big problem with privacy.
[/quote]


hm sounds like we have been using them for an unintended purpose, can you explain the intention of the token?

also, please answer this question:  assume we run 1 java instance of a non-hallmarked node on a PC.  1 user uses GUI to unlock and start forging.  They close their browser without locking back.  So they are still forging..  BUT what happens then if another user connects to that java instance and unlocks a different passphrase/account?  do both accounts begin forging off the same java instance?

Then, what are the implications if the node is hallmarked with the 1st account?

got it  

ok its completed and on the way, 6.15332474 BTC, my NXT add is 12692935506199079028

ok trying to sell some other cryptos on an exchange to fund my buy from you, please give me a bit of time to complete the sells.  do you mind if I give you more than 5btc, can you just calc how much that equates to in NXT please?

so regarding the TCP ports, it appears 7876 is not longer even listening for connections?  It looks like 7876 is now gone and all APIs are now on the p2p port 7874?

It also appears the non-secure http GUI is available on the p2p port.

This is a bit disconcerting.  Would it be possible to move the API and nonsecure GUI to 7876?  That way people can still run public nodes w/o exposing their API and non-secure GUI.

Also, as a usability feature, it may be a good idea for the verify token api to also return the website field in the data it returns along with the account number.  This would make it much harder for someone to just copy a token and present it to someone as a short URL (that doesnt contain their userid/website in the display of the link) because then the person verifying the token may just look for the TRUE in the data that is returned.

which brings me to this.  EVERYONE NEEDS TO TRASH THEIR CURRENT TOKENS AND REDO IT USING THE FORMAT USERNAME@DOMAIN.  THE CURRENT METHOD OF DOING IT WITH JUST USERNAME ISNT 100% SAFE

ie opticalcarrier@bitcointalk.org
or opticalc@nextcoin.org

bybitcoin
Ill take 500K please IM me you btc address

can you do the same for NXT please?
Again, fantastic site.

so for now, just 1 works, regardless of the amt of nxt in the account?

And peers.nxt no longer exists, I guess theres never a need anymore to clear all peers by erasing that file?

Also, I updated the coinmarketcap thread and asked them to use the absolute val that the new API returns for that account.

OK the following now works with the new 0.3.20 client, (note that the value returned is negative, please just use the absolute val of what is returned.  Also, please note that there are 2 zeros at the end that should be taken off)

Some people have been destroying their NXT by sending it to the unusable negative account.  Per developer, please use  http://localhost:7874/nxt?requestType=getBalance&account=1739068987193023818 to get a true measure of amount of NXT. See https://bitcointalk.org/index.php?topic=345619.msg3997764#msg3997764

that shows a balance of 200300, should that just be subtracted from 1000000000 or was that the wrong account?

Gliss,

Some people have been destroying their NXT by sending it to the unusable negative account.  Per developer, please use  http://localhost:7874/nxt?requestType=getBalance&account=1739068987193023818 to get a true measure of amount of NXT. See https://bitcointalk.org/index.php?topic=345619.msg3997764#msg3997764

hold off for now...

quark/namecoin routinely swap places, depending on the market.

I wish Gliss would just delist doge permanently, for their trolling shennanigans

cool, any extra NXT is welcome.  But how can you tell from the client if a host you are connected to initiated it or if you initiated on inbound to that remote host?

what do you mean by 'public'?  do you just mean if the p2p port (i believe TCP7674 is the NXT p2p comms port) is open to receive connections?

shit, prob still be a chargeback...

bybitcoin Ill take 1M please, if its not too late.

ive got about 8mil on cryptsy... what happens to them?

All:  please see my proposal at https://nextcoin.org/index.php/topic,709.msg5482.html#msg5482 regarding setting of of a NXT foundation and a method to give a single view of all NXT information while maintaining decentralized control, and comment. (website, forums, wiki, standardized logos/colorscheme/etc)

In the world where Bitcoin is king, altcoins only change parameters of the original Bitcoin code such as hashing mechanism, time between blocks, starting difficulty, and so on. NXT brings much more to the table and was designated a second generation cryptocurrency for a number of reasons; five of the most interesting ones follow:

1. It is not an altcoin such as litecoin, peercoin, or others who have their code based on Bitcoin's source code. It is brand new from scratch with its own code.

2. It utilizes a 100% proof of stake (PoS) mechanism versus the proof of work (PoW) mechanism other coins are based on. This effectively removes a security risk inherent in other coins, as the issue of a 51% attack and other vulnerabilities inherent to PoW coins become non-issues. Another plus here is how "green" its protocol is (not a reference to colored coins, that will come later) in power consumption, since 100% PoS mechanisms don’t require massive amounts of hashing power like Bitcoin/altcoins do.

3. NXT implements a new feature called "Transparent Forging" which will allow NXT to approach Visa/Mastercard rates of transactions. No other crypto currency can scale this high; this is possible with NXT because the transparency provided in the protocol will allow each user's client to determine which node will generate the next block. Other nodes can then send their transactions directly to that node. This also allows additional fees to be realized for immediate/priority transactions. An equally important feature of Transparent Forging is a security mechanism to prevent forked chains from being forged by high-stake nodes. This prevents against even a 90% majority owner of all NXT branching out and forcing a fork.

4. It was announced six weeks in advance, unlike mere hours like altcoins usually are. The 73 original stakeholders are responsible for distributing the 1 billion NXT coins that were ejected from the genesis block via an injection of their donated Bitcoin, 21 BTC total, into the genesis block. This is a requirement for any 100% PoS system to work and this distribution is now in progress. NXT is listed on http://coinmarketcap.com/ currently in 6th place and people are trading on a 1-on-1 basis in the forums as well as on BTC/NXT exchanges such as https://www.nxtchg.com and http://www.dgex.com. It is even traded as the Ripple/NXT pair on https://www.peercover.com.

5. It provides built in support for planned extra decentralized features such as a peer-peer exchange, colored coins, messaging/chat, DNS, and options for expedited transactions. Here is more information on these features.

Decentralized Exchange
How are coins currently traded? Well, you have to sign up for an account on a centralized platform such as Cryptsy/BTC-E/Bter/etc, transfer your BTC to them, and pay them a varying percentage fee for transactions, sometimes along with a fee to withdraw. This method has a risk of unregulated centralized exchanges stealing funds, which actually occurred recently when the Sheep Marketplace absconded with 96,000 BTC, resulting in the largest theft in history. NXT is developing a peer-peer exchange into the protocol to allow for decentralized trading which will eliminate this trust point and to reduce trading fees to regular network transaction fees.

Colored Coins
NXT (pun intended) is one of the more curious services, colored coins, which go hand in hand with a decentralized exchange. First though, some background: With the Bitcoin blockchain, transaction can be traced. Not to a person mind you, but what is meant is that an individual coin or pieces of that coin can be traced back on a transaction by transaction basis. Since this is the  case, then if it was possible to expand the protocol to allow a person to designate or "color" a particular coin, we could build a bridge from the virtual crypto currency world to the physical world. That colored coin can then be used to represent some physical entity here on earth. Property, stocks/bonds, commodities, or any concept that can be concretely identified could be colored. This additional realization of NXT's blockchain is exactly what is being built into the code to allow for decentralized trading of real property. Coupled with a decentralized exchange, colored coins become a very powerful next generation currency.

Other Decentralized Services
But let’s not stop there. If you can have a decentralized exchange based on the peer-peer model then what else is possible? Well, quite a bit as it turns out; the developers are also building in a decentralized DNS system and messaging/chat support as well. Think of what this will allow: all decentralized anonymous websites and payments, to go with an anonymous support system in the chat/messaging feature, all 100% secure, encrypted, and irreversible.





Green & Earth Friendly
Let’s talk more about NXT and efficiency. Everyone knows Bitcoin is based on Proof of Work. That is, there are thousands of miners around the world crunching away at hashes and gobbling up TONS of power. Proof of Stake doesn’t involve ‘mining’ per se, so it’s important to realize that unlike Bitcoin exists currently, and like Bitcoin will exist in 2040 when all of it is mined, all NXT that will ever exist already exists, so client wallets now forge (in NXT the term 'mining' is replaced with 'forging') for transaction fees. Since this can be done on a client wallet loaded on a PC (CPU forging), it is MUCH more environmentally friendly and power efficient, and is also immune to CPU zombie forging.

More on Proof Of Stake Forging

Now, on to the nuts and bolts of NXT’s implementation of PoS. It is elegantly simple: block generations with their transaction fees are competed for proportionally to all active forging wallets based on the amount of NXT a wallet has. So if a wallet has 1 million NXT, then they have 1/1000 of a chance of forging any block and receiving any transaction fees in that block. 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. An even added bonus is that it is your NXT balance that forges for you, not ASICs that requires lots of power, maintenance, and that depreciates in value and processing power. Instead of buying equipment to mine with, you just buy NXT to forge for more NXT with.

Additional Details

NXT is a brain wallet, a very long and secure passphrase MUST be used to generate your account.

To forge (AKA mine) for transaction fees, your client must be running and unlocked on your machine.

The NXT official thread in Bitcointalk.org is here.

Additional info is available on the website http://www.nxtcrypto.org or on the fourms site at http://forums.nxtcrypto.org.

The currency symbol selected for NXT is