NXT :: descendant of Bitcoin - Updated Information

[Come-from-Beyond]

People continue to send bitcoins to https://blockchain.info/address/1BCN1ugdKdWd9pQ8Am9hMhtHZfmbXzxE8a

STOP DOING THIS!

[Come-from-Beyond]

That's funny. I got 101 NXT from a 100 NXT payment to my account... coz I mined that block!

http://88.198.210.245:7876/?request=getBlock&block=17514538527689834426
http://88.198.210.245:7876/?request=getTransaction&transaction=3627091958736095240

[klee]

That's funny. I got 101 NXT from a 100 NXT payment to my account... coz I mined that block!

http://88.198.210.245:7876/?request=getBlock&block=17514538527689834426
http://88.198.210.245:7876/?request=getTransaction&transaction=3627091958736095240

You are a cartel!

[crendore]

Where does it say "You will mine the next block in X time"?  I don't see that anywhere.

It totally doesn't say that there for me.... what am i doing wrong?

[Come-from-Beyond]

It totally doesn't say that there for me.... what am i doing wrong?

U have to wait until the very 1st transaction in ur account gets 1440 confirmations.

[pabloangello]

Hello,

So 1440 blocks was mined but still nothing happen at my account, why?
Also after some time I see this in console:

Code:

Exception in thread "Thread-12" java.nio.channels.WritePendingException
        at sun.nio.ch.AsynchronousSocketChannelImpl.write(AsynchronousSocketChan
nelImpl.java:348)
        at sun.nio.ch.AsynchronousSocketChannelImpl.write(AsynchronousSocketChan
nelImpl.java:395)
        at java.nio.channels.AsynchronousSocketChannel.write(AsynchronousSocketC
hannel.java:560)
        at Nxt$2.completed(Unknown Source)
        at Nxt$2.completed(Unknown Source)
        at sun.nio.ch.Invoker.invokeUnchecked(Invoker.java:126)
        at sun.nio.ch.Invoker.invokeUnchecked(Invoker.java:269)
        at sun.nio.ch.WindowsAsynchronousSocketChannelImpl$WriteTask.completed(W
indowsAsynchronousSocketChannelImpl.java:813)
        at sun.nio.ch.Iocp$EventHandlerTask.run(Iocp.java:397)
        at sun.nio.ch.AsynchronousChannelGroupImpl$1.run(AsynchronousChannelGrou
pImpl.java:112)
        at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.
java:1145)
        at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor
.java:615)
        at java.lang.Thread.run(Thread.java:722)

I am in GMT + 1:00 timezone. Is that a reason and will it be solved in the future if so?

[Come-from-Beyond]

Hello,

So 1440 blocks was mined but still nothing happen at my account, why?
Also after some time I see this in console:

Code:

Exception in thread "Thread-12" java.nio.channels.WritePendingException
        at sun.nio.ch.AsynchronousSocketChannelImpl.write(AsynchronousSocketChan
nelImpl.java:348)
        at sun.nio.ch.AsynchronousSocketChannelImpl.write(AsynchronousSocketChan
nelImpl.java:395)
        at java.nio.channels.AsynchronousSocketChannel.write(AsynchronousSocketC
hannel.java:560)
        at Nxt$2.completed(Unknown Source)
        at Nxt$2.completed(Unknown Source)
        at sun.nio.ch.Invoker.invokeUnchecked(Invoker.java:126)
        at sun.nio.ch.Invoker.invokeUnchecked(Invoker.java:269)
        at sun.nio.ch.WindowsAsynchronousSocketChannelImpl$WriteTask.completed(W
indowsAsynchronousSocketChannelImpl.java:813)
        at sun.nio.ch.Iocp$EventHandlerTask.run(Iocp.java:397)
        at sun.nio.ch.AsynchronousChannelGroupImpl$1.run(AsynchronousChannelGrou
pImpl.java:112)
        at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.
java:1145)
        at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor
.java:615)
        at java.lang.Thread.run(Thread.java:722)

I am in GMT + 1:00 timezone. Is that a reason and will it be solved in the future if so?

This bug will be fixed in the future I think. It's not critical though. 1440 blocks are counted from the 1st deposit to an account, not from Genesis block.

[crendore]

It totally doesn't say that there for me.... what am i doing wrong?

U have to wait until the very 1st transaction in ur account gets 1440 confirmations.

Thanks!

Is there some paper published that i can read that explains how the PoS system works?  I still don't get how the network decides who is the lucky miner for each block.  I get that it has to do with the probability based on how much NXT i own compared to the network total, but how is the PoS reward decided based on this?

In my mind it would work something like this (but this is probably wrong).
All the coins have a unique id.  these IDs are all sequential.  each block that is mined is assigned to one ID in the range of the lowest to the highest ID completely randomly.  Therefor if you had more coins in that range then you would be more likely to be assigned a block to mine.

But this seems strange, then the coins aren't divisible.

Speaking of divisibility, are the coins really divisible, or is it just faked, by having 2 decimal places but really the coins are just INTs?

thanks!

[pabloangello]

Hello,

So 1440 blocks was mined but still nothing happen at my account, why?
Also after some time I see this in console:

Code:

Exception in thread "Thread-12" java.nio.channels.WritePendingException
        at sun.nio.ch.AsynchronousSocketChannelImpl.write(AsynchronousSocketChan
nelImpl.java:348)
        at sun.nio.ch.AsynchronousSocketChannelImpl.write(AsynchronousSocketChan
nelImpl.java:395)
        at java.nio.channels.AsynchronousSocketChannel.write(AsynchronousSocketC
hannel.java:560)
        at Nxt$2.completed(Unknown Source)
        at Nxt$2.completed(Unknown Source)
        at sun.nio.ch.Invoker.invokeUnchecked(Invoker.java:126)
        at sun.nio.ch.Invoker.invokeUnchecked(Invoker.java:269)
        at sun.nio.ch.WindowsAsynchronousSocketChannelImpl$WriteTask.completed(W
indowsAsynchronousSocketChannelImpl.java:813)
        at sun.nio.ch.Iocp$EventHandlerTask.run(Iocp.java:397)
        at sun.nio.ch.AsynchronousChannelGroupImpl$1.run(AsynchronousChannelGrou
pImpl.java:112)
        at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.
java:1145)
        at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor
.java:615)
        at java.lang.Thread.run(Thread.java:722)

I am in GMT + 1:00 timezone. Is that a reason and will it be solved in the future if so?

This bug will be fixed in the future I think. It's not critical though. 1440 blocks are counted from the 1st deposit to an account, not from Genesis block.

Ah ok then. Thanks for info

[bybitcoin]

I deleted all .nxt files and started again, nothing changed
When I login into my account, it shows a fixed block height and nothing changes in the page, though it shows catching blocks..
Only after I logout, close the page and relogin again is that I see some 50 to 100 block height change.
There was not such a issue in previous versions, 2.9 looks buggy!

[r3animation]

What is the shortest wallet number so far?

I've seen most people having 19 or 20 digits so far.

[Come-from-Beyond]

It totally doesn't say that there for me.... what am i doing wrong?

U have to wait until the very 1st transaction in ur account gets 1440 confirmations.

Thanks!

Is there some paper published that i can read that explains how the PoS system works?  I still don't get how the network decides who is the lucky miner for each block.  I get that it has to do with the probability based on how much NXT i own compared to the network total, but how is the PoS reward decided based on this?

In my mind it would work something like this (but this is probably wrong).
All the coins have a unique id.  these IDs are all sequential.  each block that is mined is assigned to one ID in the range of the lowest to the highest ID completely randomly.  Therefor if you had more coins in that range then you would be more likely to be assigned a block to mine.

But this seems strange, then the coins aren't divisible.

Speaking of divisibility, are the coins really divisible, or is it just faked, by having 2 decimal places but really the coins are just INTs?

thanks!

There was a bounty thread for those who want to write the whitepaper. Someone already promised to do so.
Payment transactions must contain only whole numbers. Fractional numbers will be used in Decentralized Exchange which is disabled now.

[Come-from-Beyond]

I deleted all .nxt files and started again, nothing changed
When I login into my account, it shows a fixed block height and nothing changes in the page, though it shows catching blocks..
Only after I logout, close the page and relogin again is that I see some 50 to 100 block height change.
There was not such a issue in previous versions, 2.9 looks buggy!

BCNext found a bug that leads to NullPointerException. He is fixing it now, this may fix ur problem as well.

[Come-from-Beyond]

What is the shortest wallet number so far?

I've seen most people having 19 or 20 digits so far.

1 digit is the lowest possible number. I maanged to generate a 12-digit long address using vanity generator.

[jelin1984]

windows 32 does not work
zip file

 

[Come-from-Beyond]

windows 32 does not work
zip file

 

U shouldn't unpack it. Run it via

Code:

java -cp Nxt.zip Nxt

[jelin1984]

i want to buy 1m nxt

[matt608]

i want to buy 1m nxt for 1btc

I'll sell you 1million Nxt for 1 btc

My BTC address
17LkJNsT1t3Zwhs1m7JmM8ygadGycEsy7m

Once the BTC has 1 confirm, I'll send the Nxt.  Pls reply with your Nxt address

Edit:  For trusting me, I am a localbitcoins seller with 15 trades:
https://localbitcoins.com/accounts/profile/matt608/

[jelin1984]

ok i will do in few hours
 

[matt608]

ok i will do in few hours
 

Great