NXT :: descendant of Bitcoin - Updated Information

[xibeijan]

When is the colored coins decentralised exchange expected?

[salsacz]

All this registering is actually tiresome when there is so much land to plough.
After dust settles we all have to figure out what to do with those cool names

That is why I never bothered with all the various porn keywords. Too much work to setup all those sites per sex interest!   

Personally... the same way I will sit on my NXT until we exit the atmosphere, the same way I will await the day that perhaps someone will also find value in my aliases.  I will definitely think of some appropriate URIs until then though.

Wish I could help with the development side too... but to late to learn how to code.   

But we cannot only sit. We need work hard to get there. Programmators won't help us with marketing, community needs to do that.

[xibeijan]

When is the colored coins decentralised exchange expected?

Aliases is a great feature.

Aside from the decentralised DNS, which is great, it also enables account aliases.

Therefore, NXT is the first crypto currency to offer human readable account names!

[Pablito89]

I noticed one feature or bug, not sure.
I registered a word starting with an upper case first letter, then registered it again, but started with a lower case.
Although the second transaction went ok and got confirmed, the alias still shows starting with an upper case first letter.

because if you register the same name, you just update your transaction. you lose the double fee

[laowai80]

because if you register the same name, you just update your transaction. you lose the double fee

yeah, I got that, looks like lower case and upper case don't matter, and re-registering only updates the URI, but the alias stays set as it was set the first time, case wise.

[laowai80]

@CfB,

is "numberOfUsers":6 how many users have unlocked account on this node at the moment or just active peers?

[xibeijan]

I am going to say this again.

Thanks to aliases, NXT is the first crypto currency to offer human readable account names!

This is huge and will make NXT #1 in terms of easy of use and mass adoption.

Or, am I misunderstanding something here?

[laowai80]

I am going to say this again.

Thanks to aliases, NXT is the first crypto currency to offer human readable account names!

This is huge and will make NXT #1 in terms of easy of use and mass adoption.

Or, am I misunderstanding something here?

Yeah, the owner of the alias could set the URI to his account id, and that would make it easy to remember.
Since the framework is there, someone sooner or later will develop a tool to make these mappings transparently built into the client software, shouldn't be hard for a decent coder.

[EmoneyRu]

All words from "The 20 Most Expensive Keywords in Google AdWords" were registered by somebody (not me). Good job! 

[geekeh]

Total newbie here, I'm just trying to wrap my head around how this works, but can someone please give me some ballpark / average figures regarding if this is a worthwhile investment financially? (Ignoring for a minute the greater advantages or disadvantages of cyptocurrencies in general, or of one over another)

Assuming the exchange rate of NXT to USD or whatever fiat currency remained stable (which I presume people hope / expect it won't but rather will rise) what kind of return does the PoS give compared to if I had fiat currency in a savings account at maybe 3% compounded interest. If I bought 1,000,000 NXT how much NXT would I have after 1 year, assuming I forge 24/7?
Is the return based on the number of transactions, so the more it's traded the more you earn? Is there a difficulty factor like bitcoin has? I assume the more people that a forging, the smaller the piece of pie that you get.

If you got a 5% return on 1,000,000 NXT, do you also get a 5% return if you have 100,000,000? Or does a larger stake mean a greater reward per coin?

I appreciate the numbers change but what I'm trying to figure out is, if you mine whatever altcoin, you make an initial outlay of capital for mining equipment, and then regardless of the exchange rate, you earn an income from mining that coin, bitcoin is obviously a bad example now because it's not profitable, but but if you're mining litecoins, say, then you making a return on your initial investment isn't dependent on the value of litecoin going up over time. Is there a tangible return on NXT, or are your only real hopes for the coins you forge being worth anything significant dependent on NXT being adopted by a decent percentage of the market?

Sorry if none of that makes any sense.

[klee]

All this registering is actually tiresome when there is so much land to plough.
After dust settles we all have to figure out what to do with those cool names

That is why I never bothered with all the various porn keywords. Too much work to setup all those sites per sex interest!   

Personally... the same way I will sit on my NXT until we exit the atmosphere, the same way I will await the day that perhaps someone will also find value in my aliases.  I will definitely think of some appropriate URIs until then though.

Wish I could help with the development side too... but to late to learn how to code.   

Try Python @codeacademy

[klee]

This guy is a serious businessman - http://localhost:7874/nxt?requestType=listAccountAliases&account=8777528113398257759

This is his site - http://www.nxto.net/

Edit: He uses russian aliases written with latin letters.

Wow a new exchange? Do you have any more info CfB?

[salsacz]

thank you for letting me "Taumatawhakatangihangakoauauotamateapokaiwhenuakitanatahu"

[starik69]

Its funny - CFB managed to make transaction before the genesis block!

ACCOUNT   :   11541844302056663007

Timestamp	Account	Amount	Fee	Transaction	Block
24.11.2013 13:00:00	1739068987193023818	4,987,575	0	2119615107677390707	2680262203532249785
24.11.2013 12:44:31	78880408059	1,000,000	100	4016189039045729226	14084146571794201371

(Really it get into sixth block  )

[mkmen]

I have to say, I'm impressed by Nxt, 2000+ unconfirmed transactions at once multiple times after the alias system launch and the client and network had no problems at all (at least for me).

Great job Come-from-Beyond and BCNext.

[opticalcarrier]

I noticed one feature or bug, not sure.
I registered a word starting with an upper case first letter, then registered it again, but started with a lower case.
Although the second transaction went ok and got confirmed, the alias still shows starting with an upper case first letter.

the 2nd one was considered a reassignment of the target URI

[opticalcarrier]

It is funny, but "NxtVSBTC" was bought because of misunderstanding how alias register system works (see here)

He'll get his money back after selling the alias I believe

can you please get us english speakers the short translated version of why he wanted that alias, what it means, and how it was a misunderstanding, and why he paid so much?

[MyZhre]

Its funny - CFB managed to make transaction before the genesis block!

ACCOUNT   :   11541844302056663007

Timestamp	Account	Amount	Fee	Transaction	Block
24.11.2013 13:00:00	1739068987193023818	4,987,575	0	2119615107677390707	2680262203532249785
24.11.2013 12:44:31	78880408059	1,000,000	100	4016189039045729226	14084146571794201371

(Really it get into sixth block   )

strange, where the 1M+100 came from before this account receive any incoming fud?

[bidji29]

Here's a list of all the Alias I own. Each one have his own account/password

http://pastebin.com/PYF5RYQi

[pinarello]

wazup with .org cant it handle the traffic?

Pin