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881  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 03, 2013, 07:34:34 AM
I'm stuck, latest files. It's been like this for about an hour with no blocks showing up in my client, any suggestions?

Microsoft Windows [Version 6.1.7601]
Copyright (c) 2009 Microsoft Corporation.  All rights reserved.

C:\Users\Administrator>cd desktop

C:\Users\Administrator\Desktop>cd Next
The system cannot find the path specified.

C:\Users\Administrator\Desktop>cd Nxt

C:\Users\Administrator\Desktop\nxt>java -cp start.jar start
Error: Could not find or load main class start

C:\Users\Administrator\Desktop\nxt>java -jar start.jar
2556-12-03 14:09:17.162:INFO:oejs.Server:main: jetty-9.1.0.v20131115
2556-12-03 14:09:17.193:INFO:oejdp.ScanningAppProvider:main: Deployment monitor
[file:/C:/Users/Administrator/Desktop/nxt/webapps/] at interval 1
[2556-12-03 14:09:18.357] Nxt 0.3.3 started.
[2556-12-03 14:09:18.375] Loading transactions...
[2556-12-03 14:09:18.581] ...Done
[2556-12-03 14:09:18.581] Loading peers...
[2556-12-03 14:09:18.597] Loading blocks...
[2556-12-03 14:09:20.161] ...Done
[2556-12-03 14:09:20.161] Loading accounts...
[2556-12-03 14:09:20.210] ...Done
[2556-12-03 14:09:20.227] Loading assets...
[2556-12-03 14:09:20.229] ...Done
[2556-12-03 14:09:20.229] Loading orders...
[2556-12-03 14:09:20.231] ...Done
2556-12-03 14:09:20.247:INFO:oejsh.ContextHandler:main: Started o.e.j.w.WebAppCo
ntext@19e09de7{/,file:/C:/Users/Administrator/Desktop/nxt/webapps/root/,AVAILABL
E}{C:\Users\Administrator\Desktop\nxt\webapps\root}
2556-12-03 14:09:20.270:INFO:oejs.ServerConnector:main: Started ServerConnector@
33bd9009{HTTP/1.1}{0.0.0.0:7874}
882  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 02, 2013, 05:19:24 PM
When was the last time someone spoke to the original Dev on this project, and is he still involved?
883  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 02, 2013, 04:56:22 PM
My blocks have been stuck for the last couple of hours any suggestions?

Version? Last 0.3.1

Sorry yes already using 3.1 but still stuck
884  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 02, 2013, 04:49:27 PM
My blocks have been stuck for the last couple of hours any suggestions?
885  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 02, 2013, 04:08:11 PM
r
efused: connect
[2556-12-02 23:03:17.612] REPORT THIS:   java.net.ConnectException: Connection r
efused: connect
[2556-12-02 23:03:30.148] REPORT THIS:   java.net.SocketTimeoutException: connec
t timed out
[2556-12-02 23:03:31.424] REPORT THIS:   java.net.SocketException: Unexpected en
d of file from server
[2556-12-02 23:03:37.570] REPORT THIS:   java.net.ConnectException: Connection r
efused: connect
[2556-12-02 23:03:47.704] REPORT THIS:   java.net.ConnectException: Connection r
efused: connect
[2556-12-02 23:03:50.149] REPORT THIS:   java.net.SocketTimeoutException: connec
t timed out
[2556-12-02 23:03:51.501] REPORT THIS:   java.net.SocketException: Unexpected en
d of file from server
[2556-12-02 23:03:52.597] REPORT THIS:   java.net.ConnectException: Connection r
efused: connect
[2556-12-02 23:03:57.700] REPORT THIS:   java.net.ConnectException: Connection r
efused: connect
[2556-12-02 23:04:10.537] REPORT THIS:   java.net.SocketTimeoutException: Read t
imed out
[2556-12-02 23:04:17.600] REPORT THIS:   java.net.ConnectException: Connection r
efused: connect
[2556-12-02 23:04:27.691] REPORT THIS:   java.net.ConnectException: Connection r
efused: connect
[2556-12-02 23:04:52.589] REPORT THIS:   java.net.ConnectException: Connection r
efused: connect
[2556-12-02 23:04:52.691] REPORT THIS:   java.net.ConnectException: Connection r
efused: connect
[2556-12-02 23:05:11.455] REPORT THIS:   java.net.SocketException: Unexpected en
d of file from server
[2556-12-02 23:05:20.157] REPORT THIS:   java.net.SocketTimeoutException: connec
t timed out
[2556-12-02 23:05:31.508]
886  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 01, 2013, 02:13:41 PM
Version 2.2 was working, but closing an re-opening has put me back to square 1 + no blocks updating now!
887  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 01, 2013, 02:22:36 AM
But what happens if two people choose the same word or phrase?

if you look at this more abstract and if i remember correct,
then there is a 'schrödingers cat' passphrase box prefilled
with 2e256 accountnumbers and you don't know which account
exist or not. well, both is true but you only know for sure
if you open the box with the right key.

but if you like to stick with the old style, you can use this as well.

-> nxt-passphrase = old-style-login-name+password

the result is the same in context of security. you see?

Thanks for the explanation I think I get it, but regret using password1 now.
888  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 01, 2013, 02:12:29 AM
But what happens if two people choose the same word or phrase?
889  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 01, 2013, 02:07:35 AM
No but what happens if 100000 people use it more than 1 persons going to use the same phrase or word
890  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 01, 2013, 02:00:40 AM
That's not a very clever design!!
891  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 01, 2013, 01:55:57 AM

The client doesn't make sense to me, what if two people use the same passphrase or common words are entered until a match is found... wouldn't that just open up someone else's wallet?
892  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Nxt :: descendant of Bitcoin on: December 01, 2013, 01:54:32 AM
The client doesn't make sense to me, what if two people use the same passphrase or common words are entered until a match is found... wouldn't that just open up someone else's wallet?
893  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 01, 2013, 01:49:33 AM
mines 12000%+
894  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 01, 2013, 01:33:52 AM
My clients not updating it's stuck on November 24th at 7am!
895  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Trading Thread for Nxt :: Descendant of Bitcoin on: November 30, 2013, 09:10:40 PM
@Jimmy2011: I've already sent you 2M Nxt, please confirm.
@Bizz: sorry for the delay, I am catching the blockchain, send you 720K Nxt in 30 mins.
 
PS: somebody has sent me 0.995 btc, who is that? I didn't arrange any more sell?!
To this date I've sold more than 16M Nxt, more than 35%, to the prices ranging from 0.6 to 1BTC.
Here to inform that 1M Nxt=1 BTC price is closed!

Hello what new price are you offering?
896  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Trading Thread for Nxt :: Descendant of Bitcoin on: November 30, 2013, 08:04:17 PM
What's the best offer for 5 Bitcoin?

Thanks
897  Alternate cryptocurrencies / Altcoin Discussion / Re: OFFICIAL LAUNCH: New Protocol Layer Starting From “The Exodus Address” on: August 05, 2013, 07:09:39 PM
You're confusing the question by adding other things in I'm not asking about, I'm asking very specifically what happens in Scenario 1) and 2) do you mind answering with your mathematical workings please?

So, with USDCoin backed by MasterCoin, if the price of MasterCoin rises 20%, price of USDCoin stays at $1 each. If the price of MasterCoin falls 20%, the price of USDCoin stays at $1 each.

If the USDCoin does diverge, the escrow fund intervenes as described earlier.

Now, if MasterCoin drops 99.9%, it's pretty clear that the USDCoin holders are screwed. Smiley

OK so you basically lose or gain 20% mastercoins if you sell respectively. Doesn't really matter from a buyers perspective as long as Mastercoin holds some value as it still translates back to the same usd value... but;

Wouldn't this sort of price fluctuation in the parent currency (let's just call the parent Mastercoin as not to confuse things further) completely undermine the viability of an escrow fund;

An escrow fund could be supporting a child currency at a cost of 1 Mastercoin worth $10 one day and 1 Mastercoin worth $15 the next day in which case the premise of the Escrow funds health based on buying "cheap coins" no longer makes sense because the Parent currency doesn't have a stable price.
898  Alternate cryptocurrencies / Altcoin Discussion / Re: OFFICIAL LAUNCH: New Protocol Layer Starting From “The Exodus Address” on: August 05, 2013, 06:44:19 PM
You're confusing the question by adding other things in I'm not asking about, I'm asking very specifically what happens in Scenario 1) and 2) do you mind answering with your mathematical workings please?
899  Alternate cryptocurrencies / Altcoin Discussion / Re: OFFICIAL LAUNCH: New Protocol Layer Starting From “The Exodus Address” on: August 05, 2013, 06:22:08 PM
Yes I'm not suggesting they do, but don't all other currencies have to be purchased with MasterCoins?

A child currency could be purchased with MasterCoins or any other child currency. The actions of the escrow fund are determined by the price of the child currency in units of its parent currency, which could be MasterCoins or another MasterCoin-derived currency. At first, the parent currency will usually be MasterCoins, but technically it could be another child currency.

The parent currency is what is stored in escrow.

OK so;

-I buy 5 master coins for $100

-I spend 5 master coins on 100 $1 coins, I suppose I have to pay slightly over a $1 from these perhaps $101 for the lot if I'm buying directly from the escrow fund with a 1% aggression factor.

Now Master coin value goes either up or down in value while the child currency stays relatively stable;

Please can you describe for me what happens to my investment in the child currency if;

a) Mastercoin rises in value 20%
b) Mastercoin decreases in value 20%
900  Alternate cryptocurrencies / Altcoin Discussion / Re: OFFICIAL LAUNCH: New Protocol Layer Starting From “The Exodus Address” on: August 05, 2013, 06:10:58 PM

OK I'll try again,

-I buy 5 master coins for $100

-I spend 5 master coins on 100 $1 coins, I suppose I have to pay slightly over a $1 from these perhaps $1.01 if I'm buying directly from the escrow fund with a 1% aggression factor.

Now Master coin value goes either up or down;

If it goes down in value 20% I gain 20% mastercoins but no extra value.

If it goes up in value 20% I lose 20%

Is that correct?


MasterCoins themselves do not have a target value, and do not have an escrow fund. Only currencies based on MasterCoin have these features. Please take a look at the spec for details.

Yes I'm not suggesting they do, but don't all other currencies have to be purchased with MasterCoins?
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