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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2756163 times)
antanst
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March 19, 2014, 05:54:17 PM
 #46161

I see I crashed the AE. It is rolled back to before EvilBob struck, updated to N.R.S. 0.8.11 from 0.8.10, I am sending TestNXT fine from my first NXTtest account to the same (second newly created account as before, Account not rolled back only transactions) and Still get same "Unknown account" message trying to send TestNXT back to first NXTtest account. Maybe wesleyh hasn't updated yet...

Wesley updated today to 0.8.11. Your issue is probably related to the fork:

Since I did some forging on test net after testing non-unique asset names, my node generated blocks with such assets, that are being rejected by all other nodes running older code, so we have a fork on test net. It would be interesting to see how this gets resolved once the test nodes are one by one updated to 0.8.11.

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CIYAM
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March 19, 2014, 05:59:10 PM
 #46162

Wesley updated today to 0.8.11. Your issue is probably related to the fork:

Yes - it will take a while for this to "settle" (as any such change will).

With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

GPG Public Key | 1ciyam3htJit1feGa26p2wQ4aw6KFTejU
BrianNowhere
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March 19, 2014, 06:04:05 PM
 #46163

Lower fees would offer more utility to the AE. More people would be able to use it for more things.

Fees are always going to be a "political" issue - personally I think that the fee should be kept "high" as we don't want to *encourage* scams.


Any way to tie the fee to some sort of rating system number? people with higher ratings paying lower fees, newbies paying more?

NXT: 4957831430947123625
igmaca
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March 19, 2014, 06:04:37 PM
Last edit: March 20, 2014, 11:29:03 AM by igmaca
 #46164


a transactions's fee should be tied to its byte size on the blockchain

...

There is another possibility.

Dynamic fees. byte size on the blockchain Vs Nxt coins market so that in order to if you want to forge you can provide a nxt per byte minimum price you are willing to offer to forge.
everybody have the possibility to make their numbers to see if it is profitable or not to forge.
if the price reaches a very high value should nevertheless have a minimum VPS nodes to ensure network.
in order to forge more attractive can be charged other services like;
leasing of computer

and so on
L5Society
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March 19, 2014, 06:06:32 PM
 #46165

If I have data stored on a p2p storage system, does somebody have access to my data? Is it encrypted on their harddrive? Does the encryption introduce lag for access time?
Eadeqa
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March 19, 2014, 06:13:52 PM
 #46166

If I have data stored on a p2p storage system, does somebody have access to my data?

If it's encrypted, no

Quote
Does the encryption introduce lag for access time?

What kind of encryption?  I doubt it. Network lag would be 1000s of times slower

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wesleyh
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March 19, 2014, 06:15:36 PM
 #46167

I see I crashed the AE. It is rolled back to before EvilBob struck, updated to N.R.S. 0.8.11 from 0.8.10, I am sending TestNXT fine from my first NXTtest account to the same (second newly created account as before, Account not rolled back only transactions) and Still get same "Unknown account" message trying to send TestNXT back to first NXTtest account. Maybe wesleyh hasn't updated yet...

Wesley updated today to 0.8.11. Your issue is probably related to the fork:

Since I did some forging on test net after testing non-unique asset names, my node generated blocks with such assets, that are being rejected by all other nodes running older code, so we have a fork on test net. It would be interesting to see how this gets resolved once the test nodes are one by one updated to 0.8.11.

Unknown account message should be fixed now, try.
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March 19, 2014, 06:23:02 PM
 #46168

Yay, 2400.
redsn0w
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March 19, 2014, 06:28:24 PM
 #46169

Yay, 2400.

Yuppi !!  Grin
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March 19, 2014, 06:30:50 PM
 #46170

I think I now see what BCNext's grand vision was, and is.

I have temporarily put aside  NXT "Facebook" to make a distributed networking addition to the source code.

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March 19, 2014, 06:33:19 PM
 #46171

Lower fees would offer more utility to the AE. More people would be able to use it for more things.

Fees are always going to be a "political" issue - personally I think that the fee should be kept "high" as we don't want to *encourage* scams.


If we implement either one of the issuer verification methods (alias or change in core) then large-scale scams or phonies should not be an issue. If you buy silver from Anon136, you should only buy silver from that seller - just like in the real world, you can buy silver from any vendor... but you should probably only buy from ones that have a good reputation or that you trust.

AFAIK, issuing fees were going to be reduced anyways because they were there to counter squatting unique asset names in the early days of the AE. But now that we have non-unique names, that's not a problem anymore.

Since assets cannot be pruned, perhaps the fee for issuing an asset should not be min fee, but somewhere like 100 NXT.

Pandaisftw

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Jerical13
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March 19, 2014, 06:35:45 PM
 #46172

Lower fees would offer more utility to the AE. More people would be able to use it for more things.

Fees are always going to be a "political" issue - personally I think that the fee should be kept "high" as we don't want to *encourage* scams.


I think that there is going to be a little bad in the good no matter how you try to control it. I would assume it would be in proportion to volume at high fees and low fees. People are going to scam either way. Lower fees would have more scammers but it would also have more transactions overall.

You may be right though, at least temporarily. As the AE is right now, as far as ease of use, it lends itself to scamming. This weakness will be more pronounced the more popular it becomes. I think that the change that was made regarding asset names and alias registration will help, and I think that future evolution of the AE could help reduce this problem by possibly organizing listings to make it easier for people to use. I just really don't like the idea of putting any artificial controls on the market. It may restrict scamming, but at the same time will restrict other aspects of commerce.

It seems like there could be other ways to keep scamming to a minimum without setting the fees for asset registration higher than any of the other fees.
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March 19, 2014, 06:41:32 PM
 #46173

Okay Nxt Community here is a quantum riddle;

My real NXT account number (Public Key) is 14730376987822377578 on NXT Mainnet. I have never used my real NXT passphrase on NXT testnet. However,   14730376987822377578 exists on NXT Testnet.

Yesterday, after I asked for TestNXT on this thread; 18232225178877143084 sent me a 1,000,000 + 1 TestNXT.

While testing this morning, I sent 1,000,000 + 1,000  TestNXT to 14730376987822377578 which showed as a valid public key and appeared to have transaction success.

Upon looking at the history of 14730376987822377578 from NxtTestnet, I see "This account has a balance of 1'063'416 NXT" ; 1,000,000 being the TestNXT transferred this morning and 63,416 an old real NXT balance of real NXT account 14730376987822377578.

And even more bizarre, looking down into the transaction history I find dozens of Asset transfers between 3/11/2014 and 3/14/2014 all to the same account number 18232225178877143084. WHICH is the SAME TestNXT account that sent me 1,000,000 TestNXT on 3/19/2014.

Maybe I need another cup of coffee.






did you take a ride with the ambien walrus?

sorry - haven't been able to catch up on it today. I have a testnet acct with MASSIVE numbers of asset transactions, but I'll have to find a way to make it better traceable.

The asset balances themselves all look good.

I have to check tomorrow, can't today...



igmaca
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March 19, 2014, 06:41:50 PM
Last edit: March 20, 2014, 11:31:57 AM by igmaca
 #46174


a transactions's fee should be tied to its byte size on the blockchain

...


There is another possibility.


a Dynamic fees. byte size on the blockchain Vs Nxt coins market so that in order to if you want to forge you can provide a nxt per byte minimum price you are willing to offer to forge.
everybody have the possibility to make their numbers to see if it is profitable or not to forge.
if the price reaches a very high value should nevertheless have a minimum VPS nodes to ensure network.
in order to forge more attractive can be charged other services like;
leasing of computer

and so on


I think this solution solves;

fee is adjusted automatically
fee takes into account the costs of the nodes always updated
fee is charged per byte size on the blockchain
the concept of instant transactions is not broken
prevents spam
brooklynbtc
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March 19, 2014, 06:41:57 PM
 #46175

2400++  48001++

SN
S   U   P   E   R    N   E   T
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   
Uniting cryptocurrencies, Rewarding talent, Sharing benefits..

Blockchain Technology.

salsacz
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March 19, 2014, 07:02:55 PM
 #46176

I think I now see what BCNext's grand vision was, and is.

I have temporarily put aside  NXT "Facebook" to make a distributed networking addition to the source code.



Good. We need to build basics/groundings first

1) currency to spread the system

2) work on networking

3) app manual

4) apps

We cannot build this ecosystem from the roof. I would also suggest to have some "how to" so the others could be helpful too (one will create Twitter, one emails..). Or one man can create all aps, if they are open source, others can join then Cheesy

Nxt tips: NXT-R67P-6BZ2-XWAK-8RHZR | Nxt forum | Nxt Academy | Donate for Nxt at the Universities // BTCD: RVMLrnxYYy7uy8YZo9FcGfXbk1ZMnNifdg
punkrock
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March 19, 2014, 07:14:32 PM
 #46177

just got paid out 150NXT for my DAY mining with paradigm flux.. thanks, thats a little over .1NXT per Kh/s

that's 1 day.

What is paradigm flux?
Damelon
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March 19, 2014, 07:21:53 PM
 #46178

just got paid out 150NXT for my DAY mining with paradigm flux.. thanks, thats a little over .1NXT per Kh/s

that's 1 day.

What is paradigm flux?

https://bitcointalk.org/index.php?topic=345619.msg5731779#msg5731779

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
Join Nxt Slack! https://nxtchat.herokuapp.com/
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brooklynbtc
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March 19, 2014, 07:24:07 PM
 #46179

just got paid out 150NXT for my DAY mining with paradigm flux.. thanks, thats a little over .1NXT per Kh/s

that's 1 day.

WHO is paradigm flux?

FIFY

https://bitcointalk.org/index.php?action=profile;u=223171

SN
S   U   P   E   R    N   E   T
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   
Uniting cryptocurrencies, Rewarding talent, Sharing benefits..

Blockchain Technology.

Eadeqa
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March 19, 2014, 07:39:40 PM
 #46180

just got paid out 150NXT for my DAY mining with paradigm flux.. thanks, thats a little over .1NXT per Kh/s

that's 1 day.

What is paradigm flux?

There are two different ones now

http://hashrate.org/
http://www.nxtp00l.org/

I wonder who gets the bounty?

Split?

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