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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2691029 times)
S3MKi
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December 23, 2013, 01:03:08 PM
 #5901

Nxt is back up on http://coinmarketcap.com/
14000000$ only? Huh
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giveBTCpls
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December 23, 2013, 01:03:16 PM
 #5902

How many times can a NXT coin be divided into?
same like Bitcoin, but its not yet active...
So could you send very very small amounts of NXT and still be viable because you don't have to pay any fees? With BTC, you cant do this because in microtransactions the fee is bigger than the small amount you are sending.

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December 23, 2013, 01:03:52 PM
 #5903

anyone can make a guide on HOW rent and set up a VPS for newbies?

Yes, a complete quide would be good. (on wiki, or new topic)
A few VPS recommendation. Min. requirement for public node.
How to announce public node. Etc.

The information is out there, but a step by step, detailed guide would be nice, and helpful to get more people to participate.
This is a subject important enough to get a separate thread.

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December 23, 2013, 01:04:08 PM
 #5904

guys, what is the last block?
i am on 23009

23009      15113910250211169408      23 dec 2013 г., 14:02:40 GMT+1   
3      0 + 3      460 B   
1      12512370345409734626      38019 %

QORA | 2ND GEN | NEW SOURCE CODE | QYGeggVZ3GpymdruoUmmVkK4mzs8TWQS68
laowai80
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December 23, 2013, 01:04:24 PM
 #5905

anyone can make a guide on HOW rent and set up a VPS for newbies?


Step 1) Sign up for digitalocean.com (skip to Step 4 if you already have a VPS hosting account from any other provider running Debian 7, 64-bit).
Short guide on how to choose a VPS host.


Step 2) Once signed up you can fund your account

$5 covers 1 month of computing for 1 server.

For hallmarked nodes 1 gb RAM ($10/month VPS plan) is preferred, see Step 5a.

Step 3) Create your first droplet

   Step 3a) Set the hostname to whatever you like

   Step 3b) Select the $5 or $10 a month option

   Step 3c) Select "Debian 7.0 x64" which is Debian under the Linux Distributions tab
Once created, you will receive an email with the IP address, username (should be 'root'), and password.


Step 4) Download Putty ( http://www.chiark.greenend.org.uk/~sgtatham/putty/download.html ) and connect.

Open putty and input the IP Address from the email into the Host Name field and select open.

Step 5) Input the commands to setup your server
The first step is to login. Just enter the username from the email (most likely root). Then copy the password from the email and right click on the putty terminal and hit enter. Right clicking is how you paste in the putty terminal. Now you're ready to run the commands:

Code:
1) sudo apt-get update

2) sudo apt-get install openjdk-7-jre-headless nano ntp

3) wget http://download.nxtcrypto.org/nxt-client-0.8.9.zip

4) unzip nxt-client-0.8.9.zip

5) nano conf/nxt-default.properties


in the section  ###PEER NETWORKING ###, find the following lines:

Code:
nxt.myAddress=
put IP address you got from the host.

It should look like:

nxt.myAddress=x.x.x.x

-----
   Step 5a) If you want to run a hallmarked node, edit this section also (if you run a hallmarked node you will need more RAM, 1gb or more especially if you want to run a node with a heavy Weight value, so get more RAM in step 2):

The best approach now is to create a special NXT account, put 10-100 NXTs in it, and create a hallmark against that account with the Weight value of how many NXTs you funded it with (100 or less NXTs is enough, make it at least 10). Then mark your node using the generated hallmark. This enormously helps the network. Please spread the word.

Code:
nxt.myHallmark=
put your hallmark there (make sure no whitespace character is left in it when you copy-paste it),

you can generate your hallmark by going to https://localhost:7875/admin.html
explanation on what is hallmarking and what are the benefits:
https://bitcointalk.org/index.php?topic=345619.msg3863559;topicseen#msg3863559

-----

press CTRL+X and then Y to save the file.

Code:

6) cd ~/nxt

7) nano run.sh


a) If your VPS has 512 MB RAM, replace the line:

java -Xmx1024M -cp nxt.jar:lib/*:conf nxt.Nxt

with

java -Xmx450M -cp nxt.jar:lib/*:conf nxt.Nxt

b) If your VPS has 1024 MB RAM, replace the line:

java -Xmx1024M -cp nxt.jar:lib/*:conf nxt.Nxt

with

java -Xmx800M -cp nxt.jar:lib/*:conf nxt.Nxt


-----

press CTRL+X and then Y to save the file.


8 )

Code:

nohup ./run.sh &


9)
Code:
top
   -  this command will list currently running processes, check that you see process 'java' running and using CPU and RAM, if it is, then press 'q' to exit 'top'.

Code:
10) exit

It is strongly advised that you do NOT unlock your account on a vps-hosted NXT due to security of the VPS not 100% guaranteed (server admins of the hosting company always have root-level access to your VPS, etc). Only unlock your account on your local computer installation. It is ok and necessary to run a public node to help the network, but not 100% safe to unlock your account on it.


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December 23, 2013, 01:05:19 PM
 #5906

How many times can a NXT coin be divided into?
same like Bitcoin, but its not yet active...
So could you send very very small amounts of NXT and still be viable because you don't have to pay any fees? With BTC, you cant do this because in microtransactions the fee is bigger than the small amount you are sending.

you can send any fee you want, now 1 NXT , in future 0.001 nxt

XBT
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December 23, 2013, 01:06:05 PM
 #5907

GCInc,
Please give an explanation:
Code:
The order pricing limits are +/-30% per 6 hours.
Why?
the price now is 0.000012,why I can not place order according the price?
PLEASE GIVE explanation,PLEASE
THE decreasing margin of exchange price is more than 30%,so you want to control the price?
Shit exchange platform.
where is GCInc?
CoinKid
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December 23, 2013, 01:07:14 PM
 #5908

Quick question...

Why does BCnext refuse to communicate furthermore with the community?  Is he trying to take the footsteps of Satoshi?  This causes a lot of skepticism as, if everyone's money were to disappear one day, we would have nobody to point fingers at and direct responsibility if on the 3rd  "innovative features" do not actually exist, and price drops to 0?
Pablito89
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December 23, 2013, 01:07:35 PM
 #5909

anyone can make a guide on HOW rent and set up a VPS for newbies?


Step 1) Sign up for digitalocean.com



Step 2) Once signed up you can fund your account

$5 covers 1 month of computing for 1 server.
but the $10 with 1 GB RAM vps is better and more stable, so better get that one if not too money pressed.

Step 3) Create your first droplet

   Step 3a) Set the hostname to whatever you like

   Step 3b) Select the $5 or $10 a month option

   Step 3c) Select "Debian 7.0 x64" which is Debian under the Linux Distributions tab
Once created, you will receive an email with the IP address, username, and password.

Once you've accomplished this, pm me.

or actually, let me try to think how you can set it up by yourself.

thanks man, if you can make a guide on how set up a node without give my login details to other ones, it will be awesome (no offence!)

NXT 129363848670158502  Donations are welcome
Nextcoin Italian Forum
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December 23, 2013, 01:07:57 PM
 #5910

guys, what is the last block?
i am on 23009

23009      15113910250211169408      23 dec 2013 г., 14:02:40 GMT+1   
3      0 + 3      460 B   
1      12512370345409734626      38019 %

22932      2584657662098653454      23.12.2013 16:06:51   
3      0 + 3      446 B   
1      17902031304572002895      531 %
klee
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December 23, 2013, 01:08:02 PM
 #5911

How many times can a NXT coin be divided into?
same like Bitcoin, but its not yet active...
So could you send very very small amounts of NXT and still be viable because you don't have to pay any fees? With BTC, you cant do this because in microtransactions the fee is bigger than the small amount you are sending.

you can send any fee you want, now 1 NXT , in future 0.001 nxt
Only 2 decimals will be added to support the colored coins feature..

BTC: 1K9atu5zgz7izCMAynk5adBJ8Qn2YgS6nT
giveBTCpls
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December 23, 2013, 01:08:18 PM
 #5912

How many times can a NXT coin be divided into?
same like Bitcoin, but its not yet active...
So could you send very very small amounts of NXT and still be viable because you don't have to pay any fees? With BTC, you cant do this because in microtransactions the fee is bigger than the small amount you are sending.

you can send any fee you want, now 1 NXT , in future 0.001 nxt

But what if you want to send a smaller amount?

Bitventurer
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December 23, 2013, 01:09:24 PM
 #5913

Quick question...

Why does BCnext refuse to communicate furthermore with the community?  Is he trying to take the footsteps of Satoshi?  This causes a lot of skepticism as, if everyone's money were to disappear one day, we would have nobody to point fingers at and direct responsibility if on the 3rd  "innovative features" do not actually exist, and price drops to 0?

the network is decentralized and even if BTCnext vanishes the community will still support the soft... think think think!!! before posting

XBT
Pablito89
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December 23, 2013, 01:09:33 PM
 #5914

guys, what is the last block?
i am on 23009

23009      15113910250211169408      23 dec 2013 г., 14:02:40 GMT+1   
3      0 + 3      460 B   
1      12512370345409734626      38019 %

22932      2584657662098653454      23.12.2013 16:06:51   
3      0 + 3      446 B   
1      17902031304572002895      531 %

i'm here too

22932   531%

it should be the right branch... i'm here from hours

NXT 129363848670158502  Donations are welcome
Nextcoin Italian Forum
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December 23, 2013, 01:10:43 PM
 #5915

It is the total opposite in my view.  Why do you believe it is necessary for price to drop for coins to spread, while development takes place?  I personally did not witness any buying hesitation during the Alias launch yesterday.  Would you have made that claim before the attack?   

It is as if you are forecasting a negative outcome and/or inferring that NXT does not deserve a high price.  That mode of thinking is only appropriate if you were to buy a Put option.  Who knows... maybe some exchange offers Put options one day, but I would definitely not buy one!!!   Wink

I mean... look at how many people are automatically willing to set up servers just because one problem arose. 

The only thing can kill Nxt - bad design in distribution of coins. I support everything that helps to spread the coins.
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December 23, 2013, 01:11:28 PM
 #5916

GCInc,
Please give an explanation:
Code:
The order pricing limits are +/-30% per 6 hours.
Why?
the price now is 0.000012,why I can not place order according the price?
PLEASE GIVE explanation,PLEASE
THE decreasing margin of exchange price is more than 30%,so you want to control the price?
Shit exchange platform.
where is GCInc?
GCInc,please answer my question.
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December 23, 2013, 01:12:09 PM
 #5917

Quick question...

Why does BCnext refuse to communicate furthermore with the community?  Is he trying to take the footsteps of Satoshi?  This causes a lot of skepticism as, if everyone's money were to disappear one day, we would have nobody to point fingers at and direct responsibility if on the 3rd  "innovative features" do not actually exist, and price drops to 0?

Alias System existence already proved.
Vega
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December 23, 2013, 01:13:43 PM
 #5918

GCInc,please answer my question.
Why don't you send him a message? Or at least ask this in the dgex thread. https://bitcointalk.org/index.php?topic=189919.0

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December 23, 2013, 01:14:35 PM
 #5919

thanks man, if you can make a guide on how set up a node without give my login details to other ones, it will be awesome (no offence!)

see my post above, I completed it with full instructions, feel free to post it on all the forums and wiki, etc, so more people join.
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December 23, 2013, 01:14:49 PM
 #5920

Agree with you 100%, but when is the decentralised exchange going to be released?  And, when it's released, how is it going to avoid DDOS?

Planned by the end of Jan. To DDoS the exchange an adversary must DDoS the whole network.

Edit: Actually, we r waiting for client. Server part is ready.


Wait.  Isn't this things P2P and, therefore, there is no client server.  Can you please explain?

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