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NXT :: descendant of Bitcoin - Updated Information
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Topic: NXT :: descendant of Bitcoin - Updated Information (Read 2761531 times)
bybitcoin
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 12:13:47 PM
#41
Cunicula appeared in the bounty thread I opened recently and suggested to do the POS part of the article bounty for 100K Nxt.
I suggested then a 1M Nxt for Cunicula to manage and write the whole whitepaper for the Nxt in separate.
As of this moment, I donated 300K Nxt, Come-from-Beyond donated 150K Nxt and klee 150K Nxt to support Cunicula's effort, if he accept to.
You can also donate by posting and informing your will in the bounty thread:
https://bitcointalk.org/index.php?topic=345773.0
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Boing7898
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 12:34:48 PM
#42
How is "You can generate the next block in" calculated?
Few minutes ago it was 2 days, then 13 days, now 26 days o.o
Come-from-Beyond
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 12:36:56 PM
#43
Quote from: Boing7898 on November 26, 2013, 12:34:48 PM
How is "You can generate the next block in" calculated?
Few minutes ago it was 2 days, then 13 days, now 26 days o.o
It's changed each new block. In Cunicula's whitepaper u can find more details.
Come-from-Beyond
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 12:48:26 PM
#44
Take a look at the 1st Nxt gambling service:
https://bitcointalk.org/index.php?topic=346189.0
Send some coins to test ur luck and Nxt network!
manrus
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TTM
Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 12:51:06 PM
#45
Why after 2-3 hours full working all peers disconnected? Bug?
Come-from-Beyond
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 12:52:54 PM
#46
Quote from: manrus on November 26, 2013, 12:51:06 PM
Why after 2-3 hours full working all peers disconnected? Bug?
If
all
peers disconnected then this is due to time unsync.
nnn
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 12:55:21 PM
#47
Quote from: Boing7898 on November 26, 2013, 12:34:48 PM
How is "You can generate the next block in" calculated?
Few minutes ago it was 2 days, then 13 days, now 26 days o.o
According to BCNext, you sign the block using your address and take the result as a number. You then scale that number by <the address balance> / <total coins> and check that it is below the current target. The target increases as time passes to ensure that blocks get mined.
More details will have to wait for the whitepaper / source code / word from BCNext.
I myself am curious as to what stops one from adding transactions to the block till you get a hit and can claim the fees.
Come-from-Beyond
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 01:00:12 PM
#48
Quote from: nnn on November 26, 2013, 12:55:21 PM
I myself am curious as to what stops one from adding transactions to the block till you get a hit and can claim the fees.
http://88.198.210.245:7876/?request=getBlock&block=12602449074625948491
Mining process uses "generationSignature" which is not affected by transactions nor anything else. So it's
completely
deterministic.
Sharky444
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 01:26:04 PM
#49
Quote from: abctc on November 26, 2013, 07:44:54 AM
Quote from: Sharky444 on November 26, 2013, 06:16:00 AM
this phraze WILL BE YOUR WALLET. There is no user name, and no wallet file.
- there is no WALLET in Nxt as well. This word "WALLET" may lead to misunderstanding. Your phrase is your ACCOUNT.
A bitcoin wallet is a bunch of encryption keys, not far off from your Nxt phraze, which is also a key. Your account number is your account, not your phraze. If you want to send someone Nxt you use the account number, not the phraze. The phraze is the key to your account.
Radix
- just imagine
abctc
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 01:46:21 PM
#50
Quote from: Sharky444 on November 26, 2013, 01:26:04 PM
The phraze is the key to your
account
.
- agree 100%.
And there is no "wallet" in Nxt (unlike in bitcoin).
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████████████████████████████████████████████████
,
the N
e
xt platform.
Magis quam Moneta
(More than a Coin)
bahamapascal
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 01:46:32 PM
#51
Is it possible to also look at a Nxt address to see transactions, or is it only possible with blocks?
Come-from-Beyond
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 01:50:45 PM
#52
Quote from: bahamapascal on November 26, 2013, 01:46:32 PM
Is it possible to also look at a Nxt address to see transactions, or is it only possible with blocks?
Only via blockchain parser. I published the code of 1st Nxt Slot Machine that parses the whole chain. Someone could add extra functionality on top of that.
Sharky444
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 01:57:49 PM
#53
Quote from: abctc on November 26, 2013, 01:46:21 PM
Quote from: Sharky444 on November 26, 2013, 01:26:04 PM
The phraze is the key to your
account
.
- agree 100%.
And there is no "wallet" in Nxt (unlike in bitcoin).
The bitcoin wallet is not really a wallet, it's a bunch of private and public keys (a keychain), just like passwords/passphrazes.
Radix
- just imagine
Come-from-Beyond
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 02:03:47 PM
#54
I noticed that my local copy of Nxt runs much more stable than one on VPS (88.198.210.245). I suspect this is because my local computer has much more memory available. If ur node has more than 256 Mb RAM then use the following command to launch Nxt:
Code:
java -Xms512m -Xmx1024m -cp Nxt.zip Nxt IP_ADDRESS
-Xms and -Xmx make Java VM to use more memory. Notice there is
no space
between "-Xms" and "512m". U can set other values instead of 512 and 1024.
xibeijan
Legendary
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Activity: 1232
Merit: 1001
Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 02:11:59 PM
#55
Quote from: Come-from-Beyond on November 25, 2013, 10:08:55 AM
Quote from: r3animation on November 25, 2013, 10:05:18 AM
Any solution to this?
[2013-11-25 18:03:36.602] java.nio.channels.UnresolvedAddressException
[2013-11-25 18:03:41.590] java.io.IOException: An established connection was aborted by the software in your host machine
It's not a problem. Someone announced an incorrect IP address (I see 88.198.210.
2455
for example) and client tries to connect to it.
Those messages should not be logged as errors, but be logged as debug and thus hidden from view under normal conditions.
Notable projects 2019:
Semux
,
Dero
,
Wagerr
,
BEAM
xibeijan
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 02:20:30 PM
#56
Quote from: Kelekin on November 26, 2013, 04:23:27 AM
Quote from: 2Kool4Skewl on November 26, 2013, 04:20:15 AM
Quote from: wastedbit on November 26, 2013, 02:51:19 AM
Please reference the Next API thread too. Any ETA on when the new client functionality comes out? I think the earlier version had messaging, but I did not see that in the last TEST client. Will it be there? I had some ideas for using that interesting feature.
BTW, is it NXT or XNT? Guess we go with NXT.
Yes, Nxt will have a messaging feature too.
It's called Nxt (pronunciation "Next"), but the three letter currency code is XNT.
This is a poor decision to have it XNT as a ticker code; you're just looking to piss off dyslexics.
I agree. What's wrong with keeping it simple and using NXT?
Notable projects 2019:
Semux
,
Dero
,
Wagerr
,
BEAM
bahamapascal
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 02:22:40 PM
#57
Quote from: Come-from-Beyond on November 26, 2013, 01:50:45 PM
Quote from: bahamapascal on November 26, 2013, 01:46:32 PM
Is it possible to also look at a Nxt address to see transactions, or is it only possible with blocks?
Only via blockchain parser. I published the code of 1st Nxt Slot Machine that parses the whole chain. Someone could add extra functionality on top of that.
Cool, thanks!
Come-from-Beyond
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 02:22:56 PM
#58
Quote from: xibeijan on November 26, 2013, 02:20:30 PM
I agree. What's wrong with keeping it simple and using NXT?
Standard (
http://en.wikipedia.org/wiki/ISO_4217
) forces usage of "X??" notation AFAIK.
xibeijan
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 02:23:55 PM
#59
Quote from: bybitcoin on November 26, 2013, 08:40:57 AM
I had no problem in previous versions, but in this new 2.9 I can't catch new blocks easily.
When it's open nothing changes in block height, just shows block catching, but no number change even after 30 mins waiting.
Only after I exit and re-open the browser and re-login into my account again, it shows some max. 50 to 100 block height change.
I am waiting to catch up the blockchain to send some tx. As I tried several times, it says: please wait until the blockchain become loaded..
Dunno how long it would take
How do you check the version number?
Notable projects 2019:
Semux
,
Dero
,
Wagerr
,
BEAM
eid
Hero Member
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Re: Nxt :: descendant of Bitcoin - Updated Information
November 26, 2013, 02:33:05 PM
#60
It lists the version number when you start the client
eid
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