NXT :: descendant of Bitcoin - Updated Information

[kwest]

Also bybitcoin, kwest, abctc and anyone who is invested >1M, what about making a board or something, where we can communicate and discuss easily?

I think a certain coordination is needed until we get open source on 3rd January.

What did you have in mind? Something private, or would the board over at nextcoin.org work?

[klee]

Also bybitcoin, kwest, abctc and anyone who is invested >1M, what about making a board or something, where we can communicate and discuss easily?

I think a certain coordination is needed until we get open source on 3rd January.

What did you have in mind? Something private, or would the board over at nextcoin.org work?

No need to be private at all, just to be sure that all stakeholders will be heard in big decisions like on when and how to open source the project etc.

EDIT: And some better management of bounties, giveaways, promotion...

[abctc]

No need to be private at all, just to be sure that all stakeholders will be heard in big decisions ..

EDIT: And some better management of bounties, giveaways, promotion...

- I think nextcoin.org is good place for that. Already regestered there.

[klee]

No need to be private at all, just to be sure that all stakeholders will be heard in big decisions ..

EDIT: And some better management of bounties, giveaways, promotion...

- I think nextcoin.org is good place for that. Already regestered there.

+1 for nextcoin

[Jean-Luc]

No need to be private at all, just to be sure that all stakeholders will be heard in big decisions ..

EDIT: And some better management of bounties, giveaways, promotion...

- I think nextcoin.org is good place for that. Already regestered there.

Fine with me, except nextcoin.org still cannot be accessed over https. They should fix that.
Yes, I am also a >1M stakeholder.

[bizz]

Sent you 720K Nxt bizz, I ll feel like flying!!!
Please confirm it

Confirmed. 3 ... 6 confs... Thanks!

I really wanted to give your btc back to keep you safe from extreme scenario, I have a big stake and do not need to break promises to take profit from uprise in price.
You've send me 0.1 btc more as donation. As I said, you do not need to donate dude. Provide a btc address to send it back.

You dont have to but ok
18eMJ3JfXwPGsbSbcsiuKvC6yPuNVUXGJK

I'll leave positive review later I'm on mobile atm

[bybitcoin]

Sent you 720K Nxt bizz, I ll feel like flying!!!
Please confirm it

Confirmed. 3 ... 6 confs... Thanks!

I really wanted to give your btc back to keep you safe from extreme scenario, I have a big stake and do not need to break promises to take profit from uprise in price.
You've send me 0.1 btc more as donation. As I said, you do not need to donate dude. Provide a btc address to send it back.

You dont have to but ok
18eMJ3JfXwPGsbSbcsiuKvC6yPuNVUXGJK

I'll leave positive review later I'm on mobile atm

Excellent, I ll send you the 0.1 btc after 4 or 5 hours sleep, got very tired bud!
May I ask you to reply my recent post in the trading thread and confirm there too?

[Come-from-Beyond]

...
I have just recalled BCNext said he would eat his hat if Nxt market cap didn't reach... how much in dollars did he say?

...
Nxt collected 1,500 USD worth bitcoins.  I'll eat my hat if in half a year they won't be worth a couple of millions.

Thx. We already crossed 10M$ mark.

[Jimmy2011]

A question on mining.

It's said that we need to wait ~ 24 hours (1440 blocks) to mine. So how to understand this 1440 blocks? For example, I got some coins input, and then after 1440 blocks I start the client and open my account, and then the mining is started, right?

Or, I should start the client and open my account, keep my computer running without shutting down, and then after 1440 blocks the mining is in effect?

What's the true case?

Thanks.

[starik69]

What's the true case?

First.

[Anon136]

how many coins does the creator hold in this project?

[Jimmy2011]

What's the true case?

First.

But I have never seen any "mining", where can I find it indicating I'm mining?

[nnn]

What's the true case?

First.

But I have never seen any "mining", where can I find it indicating I'm mining?

There is no "mining" in the regular sense with NXT. All coins are pre-mined; solving a block allows you to collect tx fees.

To solve blocks, you must have some NXT in your account. Unlock the account and click the blocks icon in the UI. If you are up-to-date you will see a message "You can generate the next block in X" at the top.

[Chang Hum]

A question on mining.

It's said that we need to wait ~ 24 hours (1440 blocks) to mine. So how to understand this 1440 blocks? For example, I got some coins input, and then after 1440 blocks I start the client and open my account, and then the mining is started, right?

Or, I should start the client and open my account, keep my computer running without shutting down, and then after 1440 blocks the mining is in effect?

What's the true case?

Thanks.

I received an extra 1 coin in my account and my blockchains not even downloaded and I haven't stayed logged in more than a few hours at a time. I presume that was mined I definitely wasn't sent it when I bought mine.

[abctc]

how many coins does the creator hold in this project?

My stake is/will be 1 BTC worth.  I will not get any NXT for free.

[CoinBuzz]

A question on mining.

It's said that we need to wait ~ 24 hours (1440 blocks) to mine. So how to understand this 1440 blocks? For example, I got some coins input, and then after 1440 blocks I start the client and open my account, and then the mining is started, right?

Or, I should start the client and open my account, keep my computer running without shutting down, and then after 1440 blocks the mining is in effect?

What's the true case?

Thanks.

Actually, i dont think we should call it mining. because in NXT we dont mine anything, we just securing the coin network & its payments. And our reward is block Fee's. So we should not confuse it with formal mining in other coins (Since all the coins in NXT is already minted).

[Jimmy2011]

What's the true case?

First.

But I have never seen any "mining", where can I find it indicating I'm mining?

There is no "mining" in the regular sense with NXT. All coins are pre-mined; solving a block allows you to collect tx fees.

To solve blocks, you must have some NXT in your account. Unlock the account and click the blocks icon in the UI. If you are up-to-date you will see a message "You can generate the next block in X" at the top.

So excited. I got "You can generate the next block in XX hours".

What I mean is PoS mining.

Since Nov. 24, we have now ~ 6690 blocks, which suggests that the block chain generation is slower than 1440 blocks a day.  Why so big difference?

[mcjavar]

What's the true case?

First.

But I have never seen any "mining", where can I find it indicating I'm mining?

There is no "mining" in the regular sense with NXT. All coins are pre-mined; solving a block allows you to collect tx fees.

To solve blocks, you must have some NXT in your account. Unlock the account and click the blocks icon in the UI. If you are up-to-date you will see a message "You can generate the next block in X" at the top.

So excited. I got "You can generate the next block in XX hours".

What I mean is PoS mining.

Since Nov. 24, we have now ~ 6690 blocks, which suggests that the block chain generation is slower than 1440 blocks a day.  Why so big difference?

Where do you see the phrase "You can generate the next block in XX hours"?

[marcelus]

Is there no white paper?

[Anon136]

how many coins does the creator hold in this project?

My stake is/will be 1 BTC worth.  I will not get any NXT for free.

so if there were 10 bitcoins sent to the exodus address total than that would mean that he would have 100million next right? is that how that works? any idea where i can see how many coins were sent to the exodus address total?