NXT :: descendant of Bitcoin - Updated Information

[Mistafreeze]

Windows Installer Nxt TestNet 0.8.6 w/ Wesley's interface

THIS IS FOR TESTNET ONLY!!!!!!!!!!!!!

Some of the java install features are disabled in this release. So far in my testing this will run side by side with Nxt MainNet 0.8.6 without issue.
This installer will install Nxt-TestNet to c:\Nxt-TestNet. It has it's own Start Menu group and uninstaller so it will not screw up an existing installation.

The interface is defaulted to Wesley's web interface at http://localhost:6876/dev. The reference NRS interface is available at http://localhost:6875/.

SHA-256 for the installer is 474F43B1E558E9E3F2DE426DA9452D99653D69641A932E5096B490DFFFD07870

Download: http://www.mediafire.com/download/8mmwfn8xdfyn2w9/Nxt_Test_Net_0.8.6_Web_Setup.exe


I'm also begging for Test Nxt to 2296334673562181299

[Daedelus]

What for?

Not everyone can process 1000 tps.

please stop talking about 1000 tps, it is wishfull thinking from BCNext.

Pinarello, Nxt as a decentralized platform could become huge, not (only) as a currency. Imagine, we have zero fees.

Ah, right...

We should activate the incentive and fee discussion again

Upped.

Here I wrote about it
http://www.reddit.com/r/CryptoCurrency/comments/1zmv2q/decentralized_internet_and_nxt_solutions/
(and yes, you can also give some ups )

Great and UPed! And added to wiki:

http://wiki.nxtcrypto.org/wiki/External_Articles

But No date?! Please add date.

[mcjavar]

I had a very interesting chat with one of my economist friends. He asked me a question, which I would like to forward to you, as I am very keen to hear what you think about it.

What gives value to Bitcoin? Why would someone buy 1 digital currency for $1000?


He looks at Bitcoin as a type of Ponzi scheme: all people joining Bitcoin after you, make you money.

[farl4web]

they find satoshi nakamoto?
http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html

WTF! But not nice they posted his house, bad journalism, all about getting visitors and attention. 

[instacalm]

they find satoshi nakamoto?
http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html

WTF! But not nice they posted his house, bad journalism, all about getting visitors and attention.  

If this is true and those are indeed the real names plus the real house... that journalist is completely insane (and a criminal that should be arrested).

What the f# is this, completely destroying the privacy of the man who clearly did want nothing but his identity kept a secret?

I hope this is just a ridiculous hoax. edit:
https://twitter.com/gavinandresen/status/441547758827474946  Seems like it might actually be real

[chanc3r]

they find satoshi nakamoto?
http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html

WTF! But not nice they posted his house, bad journalism, all about getting visitors and attention.  

+1 Ok its news if true but why post his house - unnecessary...
I really hope that this does not get out of hand, watch out for the press feeding frenzy,,,,
And the whacko's, people with a grudge because of Gox or malleability or whatever....
Feel really sorry for the guy whoever he is..

[mcjavar]

He looks at Bitcoin as a type of Ponzi scheme: all people joining Bitcoin after you, make you money.

Let's say you bought one Bitcoin at $1000...  then there is a 50% decrease in Ask rates and I buy one Bitcoin at $500...  how exactly did that make you any money?       

Was he referring to Satoshi only?   

Well, if you hodl your Bitcoin you hope that the newcomers will drive the price high again. But there is nothing behind it, just the newcomers driving the price high.

[Daedelus]

1. Could somebody point me to the link of recently announced open source?
2. Does announced open source still have fatal flaw inside it?

1. https://bitbucket.org/JeanLucPicard/nxt/src
2. No, but if the only changes u want to do is changing the genesis block then u'll trigger a trap

Potential stoopid question alert... you have been warned.

Can someone clever fork the code and trigger the trap with a nice little log file to record the fallout without the Nxt universe imploding? Post the results of the log file here then all the other clever bods can figure out what the final fatal flaw is and net themselves 100,000 Nxt IIRC (probably collectively).

We know more about the code, TF is understood and implemented (I presumed TF isn't implemented yet because we haven't figured out the final flaw?) and we all party like it's 1440.

Possible?

[LiQio]

I had a very interesting chat with one of my economist friends. He asked me a question, which I would like to forward to you, as I am very keen to hear what you think about it.

What gives value to Bitcoin? Why would someone buy 1 digital currency for $1000?


He looks at Bitcoin as a type of Ponzi scheme: all people joining Bitcoin after you, make you money.

You sure he's an economist? Ask him what gives value to a 100 Dollar bill or a gold nugget...

Concerning crypto dev: I thought you were helping to find a team, therefore I suggested to contact DoctorEvil (https://nextcoin.org/index.php?action=profile;u=7550 - I cannot remember his profile on Bitcointalk)

[mkmen]

I had a very interesting chat with one of my economist friends. He asked me a question, which I would like to forward to you, as I am very keen to hear what you think about it.

What gives value to Bitcoin? Why would someone buy 1 digital currency for $1000?


He looks at Bitcoin as a type of Ponzi scheme: all people joining Bitcoin after you, make you money.

Your friend must be a true "economist"... What gives value to anything (fiat, gold, stocks, your time)? The fact that someone else is willing to give you something for it.

If all the people joining bitcoin after me are only willing to pay less than I did, they will never make me a dime.

I love "economists" that don't understand the basic principle of market and exchange of value. They're simply brainwashed by government and their "precious" fiat.

[Fatih87SK]

I had a very interesting chat with one of my economist friends. He asked me a question, which I would like to forward to you, as I am very keen to hear what you think about it.

What gives value to Bitcoin? Why would someone buy 1 digital currency for $1000?


He looks at Bitcoin as a type of Ponzi scheme: all people joining Bitcoin after you, make you money.

Your friend must be a true "economist"... What gives value to anything (fiat, gold, stocks, your time)? The fact that someone else is willing to give you something for it.

If all the people joining bitcoin after me are only willing to pay less than I did, they will never make me a dime.

I love "economists" that don't understand the basic principle of market and exchange of value. They're simply brainwashed by government and their "precious" fiat.

+1

[nxtsky]

I had a very interesting chat with one of my economist friends. He asked me a question, which I would like to forward to you, as I am very keen to hear what you think about it.

What gives value to Bitcoin? Why would someone buy 1 digital currency for $1000?


He looks at Bitcoin as a type of Ponzi scheme: all people joining Bitcoin after you, make you money.

You  friends is right. ATM, people earned money from bitcoin, just eared the one who after you. If bitcoin failed, then Bitcoin is definetely Ponzi scheme. All cryptocoins is the same. So, I always have a question too, Is NXT really make everyone earn money? the money you earned is not the one who after you.

[mcjavar]

I had a very interesting chat with one of my economist friends. He asked me a question, which I would like to forward to you, as I am very keen to hear what you think about it.

What gives value to Bitcoin? Why would someone buy 1 digital currency for $1000?


He looks at Bitcoin as a type of Ponzi scheme: all people joining Bitcoin after you, make you money.

Your friend must be a true "economist"... What gives value to anything (fiat, gold, stocks, your time)? The fact that someone else is willing to give you something for it.

If all the people joining bitcoin after me are only willing to pay less than I did, they will never make me a dime.

I love "economists" that don't understand the basic principle of market and exchange of value. They're simply brainwashed by government and their "precious" fiat.

But gold is used for manufacturing, so the price of gold NOT only dependent of speculation as the price of Bitcoin is. What can Bitcoin be used except of sending money back and forth?

[crazybonkers]

they find satoshi nakamoto?
http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html

WTF! But not nice they posted his house, bad journalism, all about getting visitors and attention.  

If this is true and those are indeed the real names plus the real house... that journalist is completely insane (and a criminal that should be arrested).

What the f# is this, completely destroying the privacy of the man who clearly did want nothing but his identity kept a secret?

I hope this is just a ridiculous hoax. edit:
https://twitter.com/gavinandresen/status/441547758827474946  Seems like it might actually be real

d

I agree. Not only his identity and home are shown via the photographs but also his license plate on his car... What if its the wrong guy? What if its the true satoshi! The journalist has gone too far.

[Jean-Luc]

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Release 0.8.7

http://download.nxtcrypto.org/nxt-client-0.8.7.zip

sha256: e2322bd01fe303d74511b377468f1ceaf51d623dc41f6f3044c22146d883911a


Change log:

Fixed unconfirmed balance calculations for the genesis block
account.

Fixed the display of the genesis account balance in the NRS UI.


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[bidji29]

they find satoshi nakamoto?
http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html

So BCnext left NXT project just when Satoshi Nakamoto identity was discovered (but not yet published).....

[nxtsky]

they find satoshi nakamoto?
http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html

So BCnext left NXT project just when Satoshi Nakamoto identity was discovered (but not yet published).....

If NXT succeed, The identity of BCnext will be revealed some day. IMO.
If NXT failed, nobody cares who is BCnext.

[mcjavar]

It seems that the AUR bubble popped.

[Mistafreeze]

Nxt 0.8.7 Windows Installer released.
This is for Main Net, not test.

https://nextcoin.org/index.php/topic,1902.0.html

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 0.8.7

http://download.nxtcrypto.org/nxt-client-0.8.7.zip

sha256: e2322bd01fe303d74511b377468f1ceaf51d623dc41f6f3044c22146d883911a


Change log:

Fixed unconfirmed balance calculations for the genesis block
account.

Fixed the display of the genesis account balance in the NRS UI.

[SkillRoad]

Well, you can do everything whilst it's downloading the blockchain, of course you'll only get your balance once it reaches the correct block.
It opens NRS in the background, yes, locally.

Does it shut down NRS when you close it?

Yes.

Cool. You should add some kind of random password generator for creating new accounts, and then it should be distributed with all new NRS releases as a default client

Not sure if there is a good and secure javascript.random available - However if you open the app and choose register new account, (new users will probably do this although they could just login), then it requires special characters, minimum length, etc.

very good service for creating passwords, select the appropriate option http://www.newpasswordgenerator.com/
in the future, of course you want a built-in password generator




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