This redemption process is closed as of 8 November 2015.If you still have NAUT that you want to redeem to the new NXTNAUT:
https://www.drachmae.exchange/
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Guys/girls/undecided:
Following on from this press release from
Brian Kelly, creator of
Nautiluscoin:
Update on the Nautiluscoin Project ^^click here, full PDF of Press Release^^This thread will explain the entire redemption process to magically transform 'old' PoW
NautilusCoin (NAUT from now on)
into the 'new' Nxt Monetary System-based
Nautilus currency (NXTNAUT):
https://nxtportal.org/currencies/18154834130337484019 The transfer will be on a 1 to 1 basis: so one old NAUT gets you one new NXTNAUT.
As part of the Drachmae project, there will be a dedicated exchange for the NXTNAUT MS currency,
this will go live on the 26th September and allow both redemption of NAUT and trading with NXTNAUT.
However, Brain Kelly and the Drachmae team would like to offer a method to redeem Nautiluscoin for Nautilus before then,
so they've asked the
NXT Foundation to organise and escrow a transfer system, to allow the Nautiluscoin community to get in early.
NXT Foundation is a non-profit group, set up by five early Nxt adopters, to both provide support to the overall decentralised Nxt eco-system,
and to act as a point of contact for businesses and external projects:
http://nxtfoundation.org/As for me, I’m Dave ‘EvilDave’ Pearce, you can check out my profile here:
https://bitcointalk.org/index.php?action=profile;u=174118I’m a founding member of the NXT Foundation, and not completely evil.
Enough introduction, this is what you need to do:
Step One: get your clients installed and running.
You will need a
Nautiluscoin client, available here:
https://bitcointalk.org/index.php?topic=591114.0 As NAUT is derived from BTC, set-up and configuration should be pretty simple,
but you may need to add nodes to nautiluscoin.conf:
addnode=146.0.32.101
addnode=54.187.96.217
addnode=108.61.10.90
addnode=52.0.108.136
addnode=106.187.93.107
addnode=63.247.147.166
addnode=124.150.42.36
addnode=54.186.223.183
Any questions/support needed, just ask here or on the main Nautiluscoin thread:
https://bitcointalk.org/index.php?topic=591114.0 You will also need a
Nxt NRS client, available here:
https://nxtforum.org/nrs-releases/nrs-v1-5-15/ The latest production build is 1.5.15, the .jar version works on any platform with Java, (Win, Linux, Mac),
the .exe is a code-signed one-click Windows installer.
As Nxt is completely new code, some of you may not be familiar with it.
There are a couple of good quickstart guides available:
http://nxter.org/nxt-tutorials/ http://nxter.org/nxt-nrs-installation-guide/ http://wiki.nxtcrypto.org/wiki/Nxt_client_interface For Mac users, check this out:
https://wiki.nxtcrypto.org/wiki/How-To:InstallNRSMacOSIf you have any issues, ask for help here, or on the
Nxt Forum:
www.nxtforum.org We’ve set up a dedicated Nautilus sub-forum, so feel free to come on over.
https://nxtforum.org/nxtnaut/ And, just in case, here is the Nxt Wiki:
http://wiki.nxtcrypto.org/wiki/Main_Page Step two: organise your accounts.For this phase of the Nautiluscoin redemption, we are only accepting coins sent from the client. No transfers from exchanges, please.
Firstly make sure that you have your NAUT balance on your Nautiluscoin wallet, obviously enough.
Set up a Nxt account using your freshly installed NRS client, and:
MAKE SURE THAT YOU USE A SECURE PASSPHRASE:
NXT password information This point is very important, as Nxt uses a brainwallet system.
If in doubt, allow the Nxt NRS client to generate a passphrase for you.
Do not, for the love of whatever you care about, use a phrase that has ever appeared in any media, anywhere.
So no songs, poems, movie lines, book quotes or BTC addresses, among others.
If you have any further questions, ask here or on the Nxt Forum.
Step three: Send your NAUT for redemption.
Run both clients, and log in to your Nxt account.
From the Nautiluscoin client, send the desired amount of NAUT to the redemption address:
NPAXpEt1VPKsFh9KAGExxvp76cj3v1DFMQ
The important bit: find your NAUT transaction ID, Go to the Transactions tab in the Nautiluscoin client,
and open the transaction details. Transaction ID is there. Make a very careful note of it!!
Then take a screenshot of both clients:
Note that the screenshot
MUST show both the
transaction details from the NAUT transfer
and the
Nxt account on which you wish to receive your NXTNAUT. (purple boxes)
Step four: generate a Nxt authentication token to prove ownership of your Nxt account. In the Nxt client, go to the Settings menu (purple box in the screenshot below) and choose 'Generate Token'.
In the data field, fill in your name or BitcoinTalk ID, your Nxt address, amount of old NAUT sent, and the transaction ID from the NAUT client.
Enter your Nxt account passphrase to generate the token:
Step five: submit your transaction ID and account information.Copy both the entire data field message and the generated Nxt authentication token,
then send them to me, together with the screenshot (or a link to the screenshot) of both clients.
You can send either a PM to me on BitcoinTalk or a mail to dave(at)nxtfoundation.org.
Your message should include all of this information:
EvilDave
NXT-3T2W-6HXY-UGUL-BS85F
ff51feed19eb5ceef561195e12a40fd89f9a0f7e2ed702d80f7e9f755b9a6c59-000
25 NAUT
r5n35fga98rhhl3ussof4fsnkm9v423eo0r4qqc3oul5c2tqcsvdgj50tm8apng35pdgr8ei12h64v5 uedd6hh41cuc2oq40lmk4gb3v5uk0vf71lnag8qobmdqbas1f17l2ob05u3d3c2j8h8r6s8oma072hn r4
That’s it, sit back and wait for your Nautilus….Once we've checked out the transfer, we'll send out new, shiny Monetary System Nautilus to your Nxt account.
The verification and transfer process will take at least 24 hours, but hopefully no more than 48.
We will try to deal with redemption transfers on a 'first come, first served' basis, but larger amounts WILL be prioritised.
For holders of small NAUT balances, and people who only have NAUT on exchanges and don't want to run the full client:
the official Drachmae exchange will be up inside a week or two,
and will offer an automated redemption system for NAUT > NXTNAUT on the exchange itself.
Please note that this thread is intended to be a place to get some work done, not a place to debate. That's why it's self-moderated.
If you have any philosophical/emotional/etc issues with Nautiluscoin, or Nxt,
or anything not related to the NAUT>NXTNAUT redemption process, please take it to the main Nautiluscoin thread:
https://bitcointalk.org/index.php?topic=591114.0 I'll be cutting out useless posts from this thread, with the intention of keeping it clear and on-topic. So don't say I didn't warn you.....
To verify my identity/account control, heres the authentication token for the Special Projects account (NXT-3T2W-6HXY-UGUL-BS85F)
that will be handling part of the redemption process.:
Data:
EvilDave 16/09/2015 NAUT2NXTNAUT redemption.
Token:
r5n35fga98rhhl3ussof4fsnkm9v423eo0r4qqc3oul5c2tqcqshuj500vohci03fcm6oh1k3rfi04hevrq84gs2986hh9j89mbs85so3gog6f753rrgml74sgin9vovtumfd6hlac95h6cp8tmi70hbu2blndmq
