NXT :: descendant of Bitcoin - Updated Information

[marek3ball]

Little summary for the average joe like me who will need to make nrs ready on windows7,
please complete if needed :

* download last NRS (message 1 page 1 of this thread)
* unzip
* install last java client if needed
* create .bat file with notepad++
code: "c:\Program Files (x86)\Java\jre7\bin\java.exe"  -Xmx1024M -cp nxt.jar;lib\*;conf nxt.Nxt
*install this .bat in the main nrs folder unzipped earlier
* double click on your new run.bat file
* wait a bit
* in your browser, enter these adresses:

http://localhost:7875/

http://localhost:7876/admin.html

http://localhost:7876/alias.html


I know it seems a crap step by step but it may be usefull to some, there are clients
but people need to understand a bit how to use Jean-Luc work.

I think this is more correct for now. For version 0.8.10.

[martismartis]

Little summary for the average joe like me who will need to make nrs ready on windows7,
please complete if needed :

* download last NRS (message 1 page 1 of this thread)
* unzip
* install last java client if needed
* create .bat file with notepad++
code:

Code:

"c:\Program Files (x86)\Java\jre7\bin\java.exe"  -Xmx1024M -cp nxt.jar;lib\*;conf nxt.Nxt

*install this .bat in the main nrs folder unzipped earlier

* double click on your new .bat file
* wait a bit

* in your browser, enter these adresses:

http://localhost:7876/admin.html

http://localhost:7876/alias.html


I know it seems a crap step by step but it may be usefull to some, there are clients
but people need to understand a bit how to use Jean-Luc work.

 To use NRS you need to type http://localhost:7875 instead of addresses you typed.

[martismartis]

Test net again stuck?

[godt]

Is there any bounty for nice website ?

I think there could be, here are some instructions: https://nextcoin.org/index.php/topic,4121.0.html (we want a website for nxt.org)

I know some very good website designers and coders. We need a beautiful site (great illustration, responsive, html5...) for ordinary people and for business.
Current sites about NXT are terrible.
We simply need to hire the best of best designers - just about money.

[Fatih87SK]

Is there any bounty for nice website ?

I think there could be, here are some instructions: https://nextcoin.org/index.php/topic,4121.0.html (we want a website for nxt.org)

I know some very good website designers and coders. We need a beautiful site (great illustration, responsive, html5...) for ordinary people and for business.
Current sites about NXT is terrible.
We simply need to hire the best of best designers - just about money.

I agree!

[achimsmile]

Test net again stuck?

Let's compare like in the old days 

86514   15/03/2014 13:30:20   0   0   0   17158652599359757654   0 B   4826 %

[MadCow]

Little summary for the average joe like me who will need to make nrs ready on windows7,
please complete if needed :

* download last NRS (message 1 page 1 of this thread)
* unzip
* install last java client if needed
* create .bat file with notepad++
code:

Code:

"c:\Program Files (x86)\Java\jre7\bin\java.exe"  -Xmx1024M -cp nxt.jar;lib\*;conf nxt.Nxt

*install this .bat in the main nrs folder unzipped earlier

* double click on your new .bat file
* wait a bit

* in your browser, enter these adresses:

http://localhost:7876/admin.html

http://localhost:7876/alias.html


I know it seems a crap step by step but it may be usefull to some, there are clients
but people need to understand a bit how to use Jean-Luc work.

Thanks for your post! How do I run NXT through TOR?

[v39453]

My thoughts on how private marketplaces on top of the Nxt blockchain could work in this thread:

https://bitcointalk.org/index.php?topic=317607.msg5699472#msg5699472

[redsn0w]

Little summary for the average joe like me who will need to make nrs ready on windows7,
please complete if needed :

* download last NRS (message 1 page 1 of this thread)
* unzip
* install last java client if needed
* create .bat file with notepad++
code:

Code:

"c:\Program Files (x86)\Java\jre7\bin\java.exe"  -Xmx1024M -cp nxt.jar;lib\*;conf nxt.Nxt

*install this .bat in the main nrs folder unzipped earlier

* double click on your new .bat file
* wait a bit

* in your browser, enter these adresses:

http://localhost:7876/admin.html

http://localhost:7876/alias.html


I know it seems a crap step by step but it may be usefull to some, there are clients
but people need to understand a bit how to use Jean-Luc work.

Thanks for your post! How do I run NXT through TOR?

Why with tor ?

[cryptolawyer]

That is correct. However, there is no jurisdiction backing up his claim.

If a company doing an IPO on NXT isn't legally incorporated in a state or country, I'd stay the hell away from that investment.

Yep.

In many common law jurisdictions (perhaps civil law jurisdictions as well) "investors" in a common enterprise not carried on through a separate legal entity may be found to be partners in a general partnership and as such would be fully liable for the debts and liabilities of the partnership.

This, plus the fact that selling unregistered securities to the public is often prohibited, makes all these experiments very dangerous legally.

That seems to imply that any and all holders of NXT are "partners in a general partnership and as such would be fully liable for the debts and liabilities of the partnership," since we are all "'investors' in a common enterprise"...etc.

Is this a correct interpretation, cryptolawyer?

There is no legislation regarding cryptos directly, so there are no precedence to look to to provide a clear picture of what will happen in such cases. It really depends on how the court decides to few cryptos. But in the case that they view them in such a way, then applicable laws would apply.

The safest way to approach is to assume that if you can be criminally charged, you will be; If you can possibly be held liable, you will be sued. If you have a good attorney, your good intensions MAY be taken into account in court...Maybe.

The bottom line is that both sides of the fence cannot be played. I people want cryptos to be taken seriously, then we can't forget this. If we want cryptos to be seen as legal tender or legit currency, then we have to expect to have to play by the rules. There is no half way. It has to be all in our all out.

The fact is that some of the developments that have occurred, or are in the process of occurring with NXT leave ALOT of people exposed legally, and could be seen in court to be direct violations and criminal fraud. Truly a can of worms.

I have to admit that I am unsure as to whether a cryptocurrency by itself could be deemed to be a security and therefore form a basis for holders to be deemed partners in a partnership or to deem that an unregistered offering occurred when the initial currency was issued. In fact, the SEC here in the US mused over the issue last year, although they appear not to be pursuing that line of reasoning recently. In the US the outcome may turn on the application of the "Howey" test for securities, and may fail in the requirement that holders expect profits based solely on the efforts of others. Encouragingly, there are examples of non-crypto private currencies having been used for years in some towns in the US, and to my knowledge none have ever blown up in their users' hands.

"Shares" in non-entities where returns are expected from the operations of the non-entity are almost certainly securities under the Howey test, however, and in my opinion dealing in such shares is a much more likely activity to get people in trouble than just holding and using cryptos as a currency. And calling the issuance of these shares "IPOs" (a term widely understood to mean a registered offering) is akin to begging the regulators to take a closer look (and they won't like what they see).

Personally, I hold and use cryptos, as I view the risk of liability in that context to be minimal (and we have other regulators, like FinCEN, affirmatively stating as much in respect of other areas of law). I would not, however, invest in non-entities (crypto or otherwise); most forms of separate legal entities provide limited liability protection for their owners (admittedly to different degrees and subject to certain exceptions), and there is simply no good reason not to avail yourself of such protection. Even if the likelihood of being held personally liable for the business' liabilities is remote, why even go there?

Probably the most risky of all is publicly offering and selling unregistered securities (whether or not of a separate legal entity). In the US this is a textbook violation of SEC regulations and other laws, and my guess is that this is where we'll see the first legal action, either by the SEC itself and/or by an investor who loses money.

And while I am a lawyer, I am not YOUR lawyer, and none of the above is legal advice.

[MadCow]

Little summary for the average joe like me who will need to make nrs ready on windows7,
please complete if needed :

* download last NRS (message 1 page 1 of this thread)
* unzip
* install last java client if needed
* create .bat file with notepad++
code:

Code:

"c:\Program Files (x86)\Java\jre7\bin\java.exe"  -Xmx1024M -cp nxt.jar;lib\*;conf nxt.Nxt

*install this .bat in the main nrs folder unzipped earlier

* double click on your new .bat file
* wait a bit

* in your browser, enter these adresses:

http://localhost:7876/admin.html

http://localhost:7876/alias.html


I know it seems a crap step by step but it may be usefull to some, there are clients
but people need to understand a bit how to use Jean-Luc work.

Thanks for your post! How do I run NXT through TOR?

Why with tor ?

Security. Paranoia. Habit.

[marcus03]

Little summary for the average joe like me who will need to make nrs ready on windows7,
please complete if needed :

* download last NRS (message 1 page 1 of this thread)
* unzip
* install last java client if needed
* create .bat file with notepad++
code:

Code:

"c:\Program Files (x86)\Java\jre7\bin\java.exe"  -Xmx1024M -cp nxt.jar;lib\*;conf nxt.Nxt

*install this .bat in the main nrs folder unzipped earlier

* double click on your new .bat file
* wait a bit

* in your browser, enter these adresses:

http://localhost:7876/admin.html

http://localhost:7876/alias.html


I know it seems a crap step by step but it may be usefull to some, there are clients
but people need to understand a bit how to use Jean-Luc work.

Thanks for your post! How do I run NXT through TOR?

Why with tor ?

To prevent someone being able to connect account numbers with IP addresses (and eventually with the account owner).

With NRS it's as easy as this:

java -DsocksProxyHost=localhost -DsocksProxyPort=9050 -cp nxt.jar:lib/*:conf nxt.Nxt

It has been said that this still leaks DNS requests outside TOR.

[MadCow]

Little summary for the average joe like me who will need to make nrs ready on windows7,
please complete if needed :

* download last NRS (message 1 page 1 of this thread)
* unzip
* install last java client if needed
* create .bat file with notepad++
code:

Code:

"c:\Program Files (x86)\Java\jre7\bin\java.exe"  -Xmx1024M -cp nxt.jar;lib\*;conf nxt.Nxt

*install this .bat in the main nrs folder unzipped earlier

* double click on your new .bat file
* wait a bit

* in your browser, enter these adresses:

http://localhost:7876/admin.html

http://localhost:7876/alias.html


I know it seems a crap step by step but it may be usefull to some, there are clients
but people need to understand a bit how to use Jean-Luc work.

Thanks for your post! How do I run NXT through TOR?

Why with tor ?

To prevent someone being able to connect account numbers with IP addresses (and eventually with the account owner).

With NRS it's as easy as this:

java -DsocksProxyHost=localhost -DsocksProxyPort=9050 -cp nxt.jar:lib/*:conf nxt.Nxt

It has been said that this still leaks DNS requests outside TOR.

Thanks!!

[bitcoinrocks]

How long does DGEX usually take to resolve an issue?  I requested a withdrawal, they asked me to verify a couple of accounts that aren't mine, I wrote back to them about it, and I haven't heard anything from them in 4 days.

[eightspaces]

Are there some people left who're NOT dumping their Nxt? I see a lot of whales want out.

Why exactly is it?

[zorke]

Are there some people left who're NOT dumping their Nxt? I see a lot of whales want out.

Why exactly is it?

Take a look at the top 60 accounts. Do you know how many NXT is that for 60 people?

Well, to many. Price is going down constantly last couple of weeks. Many people are leaving this thread and this community as you can see in last week or so. Stakeholders see all this as well, they are also getting little scared about the future so they are cashing out some of their NXT.

Unfortunately all of this is a snowball effect. I am afraid that if we don't get some fresh new cash soon that it might get ugly. Maybe I am wrong though. Actually, I hope I am wrong.

[salsacz]

Are there some people left who're NOT dumping their Nxt? I see a lot of whales want out.

Why exactly is it?

show me more than 2 dumping whales in last 6 days:
http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=10715382765594435905
- everyone is buying, only 2 guys were selling (1,5 mega, 0.5 mega)

[bitcoinrocks]

Many people are leaving this thread and this community as you can see in last week or so.

Is that right?  Are they going to NEM?

I could use some help with my DGEX question above.  Is it normal to not hear from them in 4 days?

[zorke]

Are there some people left who're NOT dumping their Nxt? I see a lot of whales want out.

Why exactly is it?

show me more than 2 dumping whales in last 6 days:
http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=10715382765594435905
- everyone is buying

This is what scares me. I noticed this too, that this price decrease has been done by only 2 guys and about 3M NXT in last 10 days. These 2 guys have still 60M together.
 
I hope other whales don't follow these two.

[salsacz]

I hope I am wrong.

you are wrong

Is that right?

no, it's a lie.

btw NEM ipo is over. It was only 25 days long, NXT IPO was 60 days long