NXT :: descendant of Bitcoin - Updated Information

[rriky92]

How can I forge without unlocking my wallet?

http://localhost:7874/nxt?requestType=startForging&secretPhrase=PASSPHRASE

[martismartis]

How can I forge without unlocking my wallet?

http://localhost:7874/nxt?requestType=startForging&secretPhrase=PASSPHRASE

Do we need this command everytime we start NRS, or forging is started automatically with the start of NRS?

[okaynow]

Analysis & quotes

Interesting thoughts. Without trying to agree or disagree with your views, i would like to point out
another quite interesting view of the economic game.

The value of any asset chosen as "money"(be it fiat, crypto, tree leaf or shiny mirror) comes not from
production costs, or scarcity of said asset,
but from the trust that its users put to it, and use it as a form of "money".

Gold has been of use, as a shiny stone.
It is believed to be scarce(because we have automated factories building cars and nuclear subs, but we still use manpower in the largest mines in the world o dig for gold & other precious minerals)

Its scarcity and production costs are fake manipulated bubbles, created by the marketmaker.
Its high value would crash if people stopped using it, trusting it as a medium to store value.
It has no other value. Same goes for every fiat that was backed by gold.

Today, fiat is also "air money". Central Banks everywhere create money with 0 cost, and sell it to commercial banks, and they lend it to us(with huge interest on it)

When the average Joe realises that he can put more trust on his PC as a medium to produce wealth, than he puts on banks & banksters, the fiat system will collapse.

[Damelon]

BullDoge imo is just this: "look Doge crowd - we have a network here (NXT) network, that is stronger than Bitcoin"

That's all, just to look in our direction.

It's important -- maybe not mandatory, but important -- to have a doge ambassador, patron, supporter etc to be involved from the start. Defector is too negative of a word; maybe someone who could help doge people migrate and navigate the features.

Bulldoge navigator in an admiral's hat. Make it so.

+1 to swartzfeger.

This could work, BUT we don't want to make this look like either an attack on DOGE or an attempt to ride on DOGES back.
Basically, don't be assholes about it.
NXT could certainly use a tipping/throwing coins around element, it'll be useful, and not just for a bit of extra marketing.

I would suggest. like SF above, to reach out to the DOGE posse and ask for some help/input/whatever.
Co-operate, don't compete directly.

We can call it PuppyDoge !

Or UnderDoge 

[Come-from-Beyond]

So you want users to emulate a stack for some weird reason, which will only make the scripts much larger and slightly slower than they could be. Why?

Not users, compilers.

[Come-from-Beyond]

Why are you reluctant about stacks?

Direct memory access is simplier.

[ChuckOne]

So you want users to emulate a stack for some weird reason, which will only make the scripts much larger and slightly slower than they could be. Why?

Not users, compilers.

Scripts will be slower and larger anyway.

[pinarello]

Or UnderDoge 

how about

snoopdogiedoge, with some luck you get suid by snoop himself

[msin]

I may be the only one, but I think going after Doge with BullDoge is weak.  We don't need to be spending our energy focused on Doge.  Doge is awesome, they are our friend, we need to focus on developing advanced features to further adoption of Nxt.  As a pure marketing campaign, I do like the idea of a coin built on top of Nxt with Memes of course, the key to humor is to make fun of yourself, not someone else.  

[igmaca]

Quote from: igmaca on Today at 05:21:14 PM
Analysis & quotes

Interesting thoughts. Without trying to agree or disagree with your views, i would like to point out
another quite interesting view of the economic game.

The value of any asset chosen as "money"(be it fiat, crypto, tree leaf or shiny mirror) comes not from
production costs, or scarcity of said asset,
but from the trust that its users put to it, and use it as a form of "money".

Gold has been of use, as a shiny stone.
It is believed to be scarce(because we have automated factories building cars and nuclear subs, but we still use manpower in the largest mines in the world o dig for gold & other precious minerals)

Its scarcity and production costs are fake manipulated bubbles, created by the marketmaker.
Its high value would crash if people stopped using it, trusting it as a medium to store value.
It has no other value. Same goes for every fiat that was backed by gold.

Today, fiat is also "air money". Central Banks everywhere create money with 0 cost, and sell it to commercial banks, and they lend it to us(with huge interest on it)

When the average Joe realises that he can put more trust on his PC as a medium to produce wealth, than he puts on banks & banksters, the fiat system will collapse.

the gold market can be seen as the market in works of art.

I see it is that I can always get better crypto currency and gold can be a good way to reflect the value of the new currency.

for me all assets should be valued in terms of gold. is the reference I've always been more real.

one of the biggest mistakes is to reference the gold vs dollar (or fiat currency) should always be backwards fiat currency vs gold


by the way gold is going up!
rather fiat is going down!

[Jean-Luc]

Code:

[2014-02-12 22:46:03.661] DEBUG: Blacklisting vps1.nxtcrypto.org because of: Invalid timestamp: 6925580 current time is 6925564, previous block timestamp is 6925570

Hey, who is the owner? You node run too fast!

results of 'date -u' on that server is dead on to just 2 secs of UTC.

Hmmm... So, problem is on my site? I constantly see warinig about vps's on nxtcrypto.org, no other nodes.

The block probably came from yet another node, and it was acceptable by vps1.nxtcrypto.org based on their time differences, but by the time it came to you, and accounting for your time difference from the original node that sent it, it was not acceptable to your node. I will stop blacklisting nodes based on timestamp errors only (but the block will still not be accepted).

[Come-from-Beyond]

Scripts will be slower and larger anyway.

Maybe, what do u suggest?

[Come-from-Beyond]

ROFL and can't stop!

[wesleyh]

Doesn't look as if actual buying of assets show up in transactions? Only the bid order placement? You can't see how many nxt you spent when you receive the asset? Or am I missing something.

[Voluntold]

I may be the only one, but I think going after Doge with BullDoge is weak.  We don't need to be spending our energy focused on Doge.  Doge is awesome, they are our friend, we need to focus on developing advanced features to further adoption of Nxt.  As a pure marketing campaign, I do like the idea of a coin built on top of Nxt with Memes of course, the key to humor is to make fun of yourself, not someone else.  

Agreed. BullDoge is kinda funny, but I think it would be more affective and funny to just take already existing popular memes and make them into "coins" built onto Nxt. Just spend some time on memebase and familiarize yourself with the most funny/popular memes. Trying to, more or less, directly copy the success of an already popular coin just seems like a kinda weak/lazy attempt to me. Don't get me wrong, it IS funny, but I just suspect a lot of the Dogecoin community would probably consider it a weak attempt to directly leach off their success.

[Come-from-Beyond]

Doesn't look as if actual buying of assets show up in transactions? Only the bid order placement? You can't see how many nxt you spent when you receive the asset? Or am I missing something.

Right. There r no "trade" transactions. Only order matching triggered after every order placement. Both ASK and BID may lead to a trade.

[iruu]

Why are you reluctant about stacks?

Direct memory access is simplier.

Stack is direct memory access. A push instruction is just sub + mov. It's available in practically all architectures because it makes code smaller and faster. With your current instructions a push instruction needs four instructions. This is going to bloat the blockchain significantly and slow execution by an order of magnitude.

Code:

t, t1, SP - memory
t1 = 8
SP = SP - t1
t = [SP]
t = value

vs

Code:

push value

For calling functions there should be a special opcode

Code:

call function, numerofarguments, argument1, argument2, ...

What is scarce is space for scripts, not number of opcodes.

[Come-from-Beyond]

Why are you reluctant about stacks?

Direct memory access is simplier.

Stack is direct memory access. A push instruction is just sub + mov. It's available in practically all architectures because it makes code smaller and faster. With your current instructions a push instruction needs four instructions. This is going to bloat the blockchain significantly and slow execution by an order of magnitude.

Code:

t, t1, SP - memory
t1 = 8
[SP] = [SP] - [t1]
t = [SP]
[t] = value

vs

Code:

push value

For calling functions there should be a special opcode

Code:

call function, numerofarguments, argument1, argument2, ...

What is scarce is space for scripts, not number of opcodes.

Ok, so what opcodes would u add to my set?

[Come-from-Beyond]

Question about asset exchange:

I'm using Clienxt software (clienxt_005).

I issued an asset with a quantity of 1,000, and now I see that my account balance has decrease from 10,000 to 9,000.

Is there a 1:1 conversion between "NXT" and "MyNewCoin"?

(Or this client create a new asset with the specified quantity and set the same quantity as a fee.)  

It's just 1000 NXT transaction fee.

[BitcoinForumator]

Make the BullDoge because i'm an impotent virgin (zero programming experience)