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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2756303 times)
klee
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December 04, 2013, 04:15:00 PM
 #1941

AAAANND Ignored!!  Tongue
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December 04, 2013, 04:15:21 PM
 #1942

There seems to be a lot of misconception about pure proof-of-stake.  In my view POW is brain-dead while POS is genius.

NXT was sitting on the forms waiting for investors for ages.  Now they claim premine.  Amazin'

Notable projects 2019: Semux, Dero, Wagerr, BEAM
bizz
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December 04, 2013, 04:15:52 PM
 #1943

All coins were created at genesis block. All coins from genesis were bought by people. There is not one nxtcoin in existence that wasn't bought by someone.

Am I right?
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December 04, 2013, 04:17:35 PM
 #1944

There seems to be a lot of misconception about pure proof-of-stake.  In my view POW is brain-dead while POS is genius.

NXT was sitting on the forms waiting for investors for ages.  Now they claim premine.  Amazin'

i didnt claim, i asked about. Thats a big difference.
For ages? the thread started 25.Nov 2013, when was the initial release?

YOBIT IS SCAM , YOBIT IS SCAM , YOBIT IS SCAM meine Steuerdatei:
https://bitcointalk.org/index.php?topic=612741.msg19244732#msg19244732
klee
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December 04, 2013, 04:18:04 PM
 #1945

All coins were created at genesis block. All coins from genesis were bought by people. There is not one nxtcoin in existence that wasn't bought by someone.

Am I right?
As far as I know yes.
mcjavar
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December 04, 2013, 04:19:40 PM
 #1946

Can I access my wallet from another PC?
Another question for 100k NVC Cheesy
Man, there is NO WALLET in usual terms (like in Bitcoin). There is no difference on what server you unlock your account.

And, yes, you can use your own server - and I highly recommend you to use only your one - if you make it visible outside. But the way you can do it depends on you environment: OS, connection type, firewalls and so on.

It was a question I was asked two times today (by only telling 3 people about NXT) so I wanted to make sure Smiley
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December 04, 2013, 04:20:32 PM
 #1947

i didnt claim, i asked about. Thats a big difference.
For ages? the thread started 25.Nov 2013, when was the initial release?

https://bitcointalk.org/index.php?topic=303898.0

There is also a search function on this forum.
ImmortAlex
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December 04, 2013, 04:29:55 PM
 #1948

All coins were created at genesis block. All coins from genesis were bought by people. There is not one nxtcoin in existence that wasn't bought by someone.

Am I right?
Yes. "Created" or "Released" - both words are good. Nxt have true "genesis" block Smiley
And then Jesus enter the town... sorry Smiley And then first investors start to spread their shares as a gifts, bounties, cheap sales and so on.
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December 04, 2013, 04:31:03 PM
 #1949

All coins were created at genesis block. All coins from genesis were bought by people. There is not one nxtcoin in existence that wasn't bought by someone.

Am I right?
Yes. "Created" or "Released" - both words are good. Nxt have true "genesis" block Smiley
And then Jesus enter the town... sorry Smiley And then first investors start to spread their shares as a gifts, bounties, cheap sales and so on.

And this should be also on the first page, to make things clear!
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December 04, 2013, 04:35:28 PM
 #1950

i didnt claim, i asked about. Thats a big difference.
For ages? the thread started 25.Nov 2013, when was the initial release?

https://bitcointalk.org/index.php?topic=303898.0

There is also a search function on this forum.

September 28 still not ages ;-) i searched already. The Problem was "Next Coin" was used a lot by other coins.
Thanks for the links, now i understand how i works.
There was no need to call me troll, just becuase i pointed out the premining (in next generation it's called "minted"  Roll Eyes )
This just confirmed my intuition that there is something strange.

greetings

All coins were created at genesis block. All coins from genesis were bought by people. There is not one nxtcoin in existence that wasn't bought by someone.

Am I right?
Yes. "Created" or "Released" - both words are good. Nxt have true "genesis" block Smiley
And then Jesus enter the town... sorry Smiley And then first investors start to spread their shares as a gifts, bounties, cheap sales and so on.

And this should be also on the first page, to make things clear!

yes , this is a must !

YOBIT IS SCAM , YOBIT IS SCAM , YOBIT IS SCAM meine Steuerdatei:
https://bitcointalk.org/index.php?topic=612741.msg19244732#msg19244732
nexern
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December 04, 2013, 04:36:30 PM
 #1951

block explorer update

just a quick note. i am working heavily on the db backend currently.
there are some bugs and debugging needs a little bit more time due
to the choosen db backend. block explorer is using a blazing fast
but very low level db core engine, to serve future high volume in data
and requests with nearly zero additional latency but this takes
some more days. sorry for the delay but better to built it right
now, instead using a standard sql engine, which will collapse under
heavy concurrent load later.

ps: i have choosed this backend because more services will built
on top off this. and back to coding...  Grin

edit: yes, everything is coded from scratch, for max. speed.
mcjavar
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December 04, 2013, 04:37:40 PM
 #1952

i didnt claim, i asked about. Thats a big difference.
For ages? the thread started 25.Nov 2013, when was the initial release?

https://bitcointalk.org/index.php?topic=303898.0

There is also a search function on this forum.

September 28 still not ages ;-) i searched already. The Problem was "Next Coin" was used a lot by other coins.
Thanks for the links, now i understand how i works.
There was no need to call me troll, just becuase i pointed out the premining (in next generation it's called "minted"  Roll Eyes )
This just confirmed my intuition that there is something strange.

greetings

All coins were created at genesis block. All coins from genesis were bought by people. There is not one nxtcoin in existence that wasn't bought by someone.

Am I right?
Yes. "Created" or "Released" - both words are good. Nxt have true "genesis" block Smiley
And then Jesus enter the town... sorry Smiley And then first investors start to spread their shares as a gifts, bounties, cheap sales and so on.

And this should be also on the first page, to make things clear!

yes , this is a must !

It is still not too late to grap some cheap coins!
lyynx
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December 04, 2013, 04:49:53 PM
 #1953

I would like to setup a Google Hangout or Skype call with someone that has an indepth knowledge of the coin and it's advanced features so I can create a better video as mentioned here: https://bitcointalk.org/index.php?topic=345773.msg3822106#msg3822106 Any volunteers? Thursday or Friday night Eastern time US?

PRiytwvb6PgstjBPTsMintS4fS2SnfZ1EJ
bahamapascal
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December 04, 2013, 04:50:48 PM
 #1954

block explorer update

just a quick note. i am working heavily on the db backend currently.
there are some bugs and debugging needs a little bit more time due
to the choosen db backend. block explorer is using a blazing fast
but very low level db core engine, to serve future high volume in data
and requests with nearly zero additional latency but this takes
some more days. sorry for the delay but better to built it right
now, instead using a standard sql engine, which will collapse under
heavy concurrent load later.

ps: i have choosed this backend because more services will built
on top off this. and back to coding...  Grin

edit: yes, everything is coded from scratch, for max. speed.

Such a good job you did! Thanks!


I made a chart of NXT/BTC price on dgex.com in googledocs. It is auto updating every 15 minutes.

https://docs.google.com/spreadsheet/ccc?key=0AmpuZa3xuvmzdFVVZjRrRi1zYXdwSENsaFRkd3lCTmc&usp=sharing
Cool, thanks! That is really use full Smiley



abctc
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December 04, 2013, 05:01:55 PM
 #1955

All coins were created at genesis block. All coins from genesis were bought by people. There is not one nxtcoin in existence that wasn't bought by someone.

Am I right?
- yes, you are 100% right. Even the creator, BCNext, spent 1 BTC to take share in the Genesis block (there was a cap - 1 BTC for participant):
My stake is/will be 1 BTC worth.  I will not get any NXT for free.

And the creation of the Gen.block was fully public: https://bitcointalk.org/index.php?topic=303898.msg3652710#msg3652710 .

█████████████████████████████████████████████████
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, the Next platform.  Magis quam Moneta (More than a Coin)
mcjavar
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December 04, 2013, 05:06:34 PM
 #1956

All coins were created at genesis block. All coins from genesis were bought by people. There is not one nxtcoin in existence that wasn't bought by someone.

Am I right?
- yes, you are 100% right. Even the creator, BCNext, spent 1 BTC to take share in the Genesis block (there was a cap - 1 BTC for participant):
My stake is/will be 1 BTC worth.  I will not get any NXT for free.

And the creation of the Gen.block was fully public: https://bitcointalk.org/index.php?topic=303898.msg3652710#msg3652710 .


And where is the 21 BTC now? Tongue
Sharky444
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December 04, 2013, 05:13:51 PM
 #1957

And where is the 21 BTC now? Tongue

Santa Claus got them. At the time of collection about $2500.

Radix - just imagine
abctc
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December 04, 2013, 05:17:11 PM
 #1958

And where is the 21 BTC now? Tongue
- I think you know the answer. I am sure, they are spending on exchange creation, on rewriting Nxt networking, maybe on blockchain explorer, and so on.  And 21 BTC is not comparable with 4000 BTC Mastershit Exodus.

█████████████████████████████████████████████████
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██████████████████████████████████████████████████████████████████
   
, the Next platform.  Magis quam Moneta (More than a Coin)
Noitev
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The Last NXT Founder


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December 04, 2013, 06:24:47 PM
 #1959

And where is the 21 BTC now? Tongue
- I think you know the answer. I am sure, they are spending on exchange creation, on rewriting Nxt networking, maybe on blockchain explorer, and so on.  And 21 BTC is not comparable with 4000 BTC Mastershit Exodus.

We don't have to be so abrasive. I kinda like what Mastercoin is doing, but POS has long term power, we don't need to be so defensive. As for the "Premine," anyone who invested had almost no guarantee NXT was going to be released so naturally only a comparativley small amount of people got them. I don't like this either. which is why I can't wait for the giveaway of the unclaimed coins to level the playing field.
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December 04, 2013, 06:26:47 PM
 #1960

And where is the 21 BTC now? Tongue
- I think you know the answer. I am sure, they are spending on exchange creation, on rewriting Nxt networking, maybe on blockchain explorer, and so on.  And 21 BTC is not comparable with 4000 BTC Mastershit Exodus.

i am coding the blockchain explorer without any payments during my spare time
and i don't ask for money. if the explorer is finished, rocksolid and usefull, the user
can decide to make a donation but i don't depend on this. the explorer ist more a
testbed for larger builts like additional exchange services for the client etc.
so i would write the explorer anyway  Grin


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