NXT :: descendant of Bitcoin - Updated Information

[opticalcarrier]

All thanks to new managed VPS member farl4bit from NXTCrypto Forums we have another public hallmarked VPS that I am managing.

root@farl4bit:~# ncli getState l

    availableProcessors: 4
    cumulativeDifficulty: 1654603008473871
    freeMemory: 104341288
    lastBlock: 5792298195969249681
    lastBlockchainFeeder: vps4.nxtcrypto.org
    maxMemory: 259522560
    numberOfAccounts: 19958
    numberOfAliases: 55401
    numberOfAssets: 0
    numberOfBlocks: 54178
    numberOfOrders: 0
    numberOfPeers: 295
    numberOfTransactions: 109478
    numberOfUsers: 0
    time: 5808879
    totalEffectiveBalance: 97940479200
    totalMemory: 259522560
    version: 0.5.11

root@farl4bit:~#

[1714159236]

1714159236

[1714159236]

1714159236

[rickyjames]

I have a UK account but wouldn't use it. .. Mine was blocked just because I went on a online shopping spree. Had a phone call claiming to be the fraud team ...

That happened to me too, yesterday actually  .

The banks in both the UK and the US are implementing creeping de-facto currency controls, they are in big trouble with liquidity now that the Fed is tapering off QE.


http://www.bbc.co.uk/news/business-25861717

http://www.forbes.com/sites/halahtouryalai/2013/10/17/no-jpm-isnt-banning-international-wire-transfers-no-limits-on-withdrawals-either/

What's even scarier is there is increasing talk by the IMF and national central banks of a one-time 25% wealth tax to try and rebalance the currently desperate debt ratios faced by banks:

http://www.zerohedge.com/news/2014-01-27/bundesbanks-stunner-broke-eurozone-nations-first-bail-your-rich-citizens

This is I think the real reason cryptocurrencies like NXT will take off in the next 24 months.

The undeclared war on bitcoin/crypto is escalating. In america if you want to sell crypto to the masses, you need to get licenses in all states you operate in. For internet based, that is 50 states. Each with their own burdensome variation on a burdensome set of forms, bonds, fees, etc. Estimated cost in the millions BEFORE you can even sell the first crypto!

This explains why coinbase is the only place to convert fiat to BTC and they just lowered the limit from 10 BTC/day to $3000. Expect it to continue to shrink.

In July USA is planning capital controls regulations making it super difficult to get any USD outside of america. This all happening around the time the interest on the federal debt cannot even be paid. My prediction is that this year, next at the latest, USD will cease to be the reserve currency of the world. Oil won't be denominated in dollars after that, along with pretty much everything else.

The fact that dollar has been reserve currency for the world (international trade denominated in dollars) has allowed america to do one thing no other country could. Print money to get stuff from other countries. Nice advantage that allowed deficit spending for so long.

James

Amen, brother, preach on!  (That's what they used to yell in the little Tennessee church I attended as a boy).

I use World First to transfer money to and from my UK account for poker and have been very happy with them.

http://us.worldfirst.com/

It's ridiculously difficult and expensive to do this thru a US bank.  WF worked with me to get their New York Citibank account listed on my list of "approved" bank accounts I can send money to online from one of my personal bank accounts (BB&T, Wells Fargo).  

[jl777]

500,000 NXT!
aldrin is currently dealing with personal issues and is not able to follow NXT as closely as he wants to. However, he is very committed to the success of NXT and has asked me to coordinate how his NXT is distributed. As a proof of concept, he wants to start with 500K NXT. If this works out we will continue this, hopefully for a while.

The first step is to get a trusted person to handle the funds. I hope Anon136 or rickyjames or joefox will volunteer as treasurer. The treasurer would be responsible for creating the NXT acct and making disbursements. I would be responsible for coordinating spending decisions.

I look to the NXT community for ideas on how best to spend the 500K. This is a big responsibility and I want to make sure the best ideas that are currently not getting any funding gets funded. If you are able to work fulltime on NXT, PM me how much NXT it would take and what you will be able to do if you were working fulltime on NXT.

James

[rickyjames]

I hope Anon136 or rickyjames or joefox will volunteer as treasurer. The treasurer would be responsible for creating the NXT acct and making disbursements. I would be responsible for coordinating spending decisions.

James

Of course I'll volunteer as treasurer.  I'm from Tennessee, the Volunteer State!

[S3MKi]

What is current block guys? Is it?
54096      15985892217534139770      30 Cтyдзeнь 2014 20:41:46   
      
      0      0 + 0      0 B   
      
      2      4337762805758141258      2011 %

[gimre]

Daily Update of NXT Top Account distribution:

With Exchange accounts:



Without Exchange accounts:



Data can be found here: https://docs.google.com/spreadsheet/ccc?key=0AtzyrOvYCfTTdEphdjBHNlNUMVZZUXd2RmlNVDRiUWc&usp=sharing

Includes the 2 big Exchange accounts: 10715382765594435905 and 12292439833850569026

Summary of the day: Nearly 5.000.000 have been distibuted by the top 60 Accounts YESTERDAY!!!! In the last 5 days a total of 12.000.000 NXT has been distributed!

I gotta say this, even though the stats can be skewed (you never know if big stakholder
doesn't just send his nxts no another accout) I really like, what you're doing.

[martismartis]

What is current block guys? Is it?
54096      15985892217534139770      30 Cтyдзeнь 2014 20:41:46   
      
      0      0 + 0      0 B   
      
      2      4337762805758141258      2011 %

54100

[nexern]

What is current block guys? Is it?
54096      15985892217534139770      30 Cтyдзeнь 2014 20:41:46   
      
      0      0 + 0      0 B   
      
      2      4337762805758141258      2011 %

54100

what target?

and which at 54090?

thx

[S3MKi]

i'm here now
   54103      4747512364439223888      30 Cтyдзeнь 2014 20:50:48   
      
      0      0 + 0      0 B   
      
      2      3780322061756736244      740 %

[jl777]

I hope Anon136 or rickyjames or joefox will volunteer as treasurer. The treasurer would be responsible for creating the NXT acct and making disbursements. I would be responsible for coordinating spending decisions.

James

Of course I'll volunteer as treasurer.  I'm from Tennessee, the Volunteer State!

Great!

Please create account for fund and post. I will get it to aldrin who will send NXT

Now, we just need to figure out how to spend it wisely!

I think recruiting people into NXT community as active members is important and is ultimately the best use of funds, if we get the right people.

I want to run the fund as decentralized as possible, but at some point someone (me) has to be the tiebreaker to allow things to happen even if there isn't 100% consensus. By separating the fund into several different categories, I hope that I can make most of the people happy most of the time.

James

[Come-from-Beyond]

I would be willing to do it for significantly cheaper and you don't have to pay me until you see the final product, as long as I have CfB's promise that I would get paid for it.

We need a trustless solution.

You cut off the part where I mentioned maybe escrow would be better if you are pointing out that I am trusting you

Or are you saying my solution isn't trustless?  I'm talking about the actual algorithm I put together.  The only trust involved in my algorithm is that someone will come along next who also wants to use the mixer, and I could save up some money via fees, to pay for those situations myself when getting this thing started. If that's too much trust though, so be it, I've got other ideas for ways I can help Nxt get ahead

Anyway if you guys haven't seen it yet and are interested, here's the zerocoin whitepaper:
http://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf

I'd be fine hiring the Zerocoin or Anoncoin guy(s) to do it for us.

And I guess I'm just saying that mixing is seen as being politically charged and potential way to launder money.. whether justified or not.

Ur solution looks like it requires trust to 3rd party.

[xyzzyx]

i'm here now
   54103      4747512364439223888      30 Cтyдзeнь 2014 20:50:48   
      
      0      0 + 0      0 B   
      
      2      3780322061756736244      740 %

I see the same:

Code:

54103   4747512364439223888  1/30/2014 12:50:48 PM	
0       0 + 0                0 B	
2       3780322061756736244  740 %

[EmoneyRu]

[SWARM] Exchange Push
Team,
It's time to let the exchanges know it's time to add Nxt. Please do the following

Done  

i'm here now
   54103      4747512364439223888      30 Cтyдзeнь 2014 20:50:48   
      
      0      0 + 0      0 B   
      
      2      3780322061756736244      740 %

   54103      14868606852763027948      30 Cтyдзeнь 2014 г. 20:28:32   
      
      0      0 + 0      0 B   
      
      2      10044250803177961949      821 %

[Uniqueorn]

I would be willing to do it for significantly cheaper and you don't have to pay me until you see the final product, as long as I have CfB's promise that I would get paid for it.

We need a trustless solution.

You cut off the part where I mentioned maybe escrow would be better if you are pointing out that I am trusting you

Or are you saying my solution isn't trustless?  I'm talking about the actual algorithm I put together.  The only trust involved in my algorithm is that someone will come along next who also wants to use the mixer, and I could save up some money via fees, to pay for those situations myself when getting this thing started. If that's too much trust though, so be it, I've got other ideas for ways I can help Nxt get ahead

Anyway if you guys haven't seen it yet and are interested, here's the zerocoin whitepaper:
http://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf

I'd be fine hiring the Zerocoin or Anoncoin guy(s) to do it for us.

And I guess I'm just saying that mixing is seen as being politically charged and potential way to launder money.. whether justified or not.

Ur solution looks like it requires trust to 3rd party.

I am leaning towards getting Zerocoin/Anoncoin guys to do it, unless they're ridiculously expensive.
What we need is someone reputable that can ensure safety and privacy. This is the one function that can afford no fuckups

[nexern]

i'm here now
   54103      4747512364439223888      30 Cтyдзeнь 2014 20:50:48   
      
      0      0 + 0      0 B   
      
      2      3780322061756736244      740 %

ok, same here -> 54103   3780322061756736244   30.01.2014 18:50:48   0   740.32   0   0   4747512364439223888

edit: 54075 -> 2568.46 target? can you confirm?

[Come-from-Beyond]

@ Asset Exchange client devs:

How to get assets owned by an account:
http://holms.cloudapp.net:6874/nxt?requestType=getAccount&account=7090973412966

getAskOrderIds/getBidOrderIds now require asset. Order ids r returned in ascending order according to their matching queue position, this can be used to easily build market depth.

[xyzzyx]

edit: 54075 -> 2568.46 target? can you confirm?

I see that also:

Code:

54075  15064205013177557702  1/30/2014 11:58:49 AM	
0      0 + 0                 0 B	
2      17082715411382776494  2568 %

[EmoneyRu]

i'm here now
   54103      4747512364439223888      30 Cтyдзeнь 2014 20:50:48   
      
      0      0 + 0      0 B   
      
      2      3780322061756736244      740 %

   54103      14868606852763027948      30 Cтyдзeнь 2014 г. 20:28:32   
      
      0      0 + 0      0 B   
      
      2      10044250803177961949      821 %

OK. Updated to 0.5.11 & got 740%

[S3MKi]

edit: 54075 -> 2568.46 target? can you confirm?

I see that also:

Code:

54075  15064205013177557702  1/30/2014 11:58:49 AM	
0      0 + 0                 0 B	
2      17082715411382776494  2568 %

me too http://clip2net.com/s/6I6GfN

[IveBeenBit]

I'm running 0.5.10 and my block height is at 46,974. Target is 1302144826%.

I just deleted the blocks.nxt and transactions.nxt and redownloaded everything because it was acting funny and I thought that would fix it.