NXT :: descendant of Bitcoin - Updated Information

[laowai80]

Check out my signature too, if you'd like to help the network. We need many more public nodes than now.

[nexern]

So the official Block Explorer is now officially off the chain, right?

no  

ps: even if some hundreds zombies hammering on this tiny vps  

[mkmen]

Hello, I finally bought some NXT today because it looks so different and potentially innovative. However, I actaully truly have no understanding of how it works. I have a few questions:

0. What methods of cryptographic security does NXT use in hashing? For example, Bitcoin employs SHA256 and litecoin uses Scrypt. What does NXT use?

1. Can I print a paper wallet private just like with Bitcoin? If so, how do I do this? Or do I just write down my passkey?

2. What file(s) do you backup to save your NXT client's wallet?

3. If it is possible to store NXT coins offline and I do so, to my understanding I would not be able to generate NXT coins as interest. Is this correct?

4. Do NXT coins left on the dgex exchange incur interest? Or must you send them to your NXT client wallet?

5. If all coins are in existence already then doesn't this make the original holders of NXT very wealthy? And what reason would they have for giving away their NXT? They obviously would want to keep a LARGE amount of it for themselves.

6. Also, doesn't this centralize the NXT coin a bit since the coins are already in the hands of about 75 individuals?

7. How do you make a NXT alias?

These may be questions that some new NXT users have. It may be best to compare and contrast the differences between NXT and Bitcoin to see the differences.

If some or all of my questions are already answered, please excuse me as I didn't find them. The NXT forum wasn't working so well when I tried earlier.

http://nxtcrypto.wikia.com/wiki/Nxt_Wiki

[colinistheman]

Thank you, I've seen that actually. It that doesn't answer almost any of my questions though.

[CIYAM]

So after working for a short while my client is now stuck at 222303 (218%) - could this be because I don't have any NXT?

(am really starting to wonder how anyone can be using this software when it just seems to stop working constantly)

[erpalum]

Public nodes r nodes with static IP visible on the Internet.

ah crap , i never launched nxt on server, it takes so much time, im out sorry.

[mkmen]

got this problem:

Code:

2013-12-22 17:41:29.104:WARN:oejh.HttpParser:qtp306520046-16: badMessage: java.lang.IllegalStateException: too much data after closed for HttpChannelOverHttp@1d908ce2{r=1,a=IDLE,uri=-}

and seems stuck now - also on 22303 (using 0.4.2)

[bizz]

So after working for a short while my client is now stuck at 222303 (218%) - could this be because I don't have any NXT?

(am really starting to wonder how anyone can be using this software when it seems to stop working constantly)

22303 for me too. Target is high and nodes are probably still recovering.

[bahamapascal]

LOL, https://nextcoin.org/ has gone down (server busy message) and dgex is taking ages to load
I wonder if that is due to Nxt being nr 4 on http://coinmarketcap.com/ or if some one is trying to ddos ?
Exciting times right now

[CIYAM]

22303 for me too. Target is high and nodes are probably still recovering.

Oh - I don't quite get NXT yet but I thought blocks were supposed to be rather quick (around 1 minute) - but perhaps this is just an average?

[Come-from-Beyond]

So after working for a short while my client is now stuck at 222303 (218%) - could this be because I don't have any NXT?

(am really starting to wonder how anyone can be using this software when it just seems to stop working constantly)

It's just a looong block.

[mkmen]

So after working for a short while my client is now stuck at 222303 (218%) - could this be because I don't have any NXT?

(am really starting to wonder how anyone can be using this software when it just seems to stop working constantly)

it was working no problem for last few days, now it seems like someone is trying to mess with the network

[nexern]

LOL, https://nextcoin.org/ has gone down (server busy message) and dgex is taking ages to load
I wonder if that is due to Nxt being nr 4 on http://coinmarketcap.com/ or if some one is trying to ddos ?
Exciting times right now

yes!

[CIYAM]

It's just a looong block.

Okay - thanks - it's all a new learning curve.

[Come-from-Beyond]

got this problem:

Code:

2013-12-22 17:41:29.104:WARN:oejh.HttpParser:qtp306520046-16: badMessage: java.lang.IllegalStateException: too much data after closed for HttpChannelOverHttp@1d908ce2{r=1,a=IDLE,uri=-}

and seems stuck now - also on 22303 (using 0.4.2)

22304 is not forged yet.

[mr_random]

5. If all coins are in existence already then doesn't this make the original holders of NXT very wealthy? And what reason would they have for giving away their NXT? They obviously would want to keep a LARGE amount of it for themselves.

I've been buying millions of NXT for the last couple of weeks no problem.

That said, even now after 5 years, half of all bitcoins are owned by about 900 people (assuming each address is owned by a different person, could be even less than 900).

[feeleep]

got this problem:

Code:

2013-12-22 17:41:29.104:WARN:oejh.HttpParser:qtp306520046-16: badMessage: java.lang.IllegalStateException: too much data after closed for HttpChannelOverHttp@1d908ce2{r=1,a=IDLE,uri=-}

and seems stuck now - also on 22303 (using 0.4.2)

22304 is not forged yet.

I am on 22310

[Come-from-Beyond]

got this problem:

Code:

2013-12-22 17:41:29.104:WARN:oejh.HttpParser:qtp306520046-16: badMessage: java.lang.IllegalStateException: too much data after closed for HttpChannelOverHttp@1d908ce2{r=1,a=IDLE,uri=-}

and seems stuck now - also on 22303 (using 0.4.2)

22304 is not forged yet.

I am on 22310

Oh! Post screenshot plz.

[pinarello]

block 22310


https://www.dropbox.com/s/w0ic7q9ppets206/22310s.jpg


Pin

[matt4054]

22303 for me. New fork?

Edit: Oh the 7 missing blocks just arrived. Network congested?