NXT :: descendant of Bitcoin - Updated Information

[superresistant]

NXT was initially brought into circulation by 71 stakeholders who donated a total of 21 Bitcoins in exchange for a stake in the NXT genesis block which generated one billion NXT. In other words, all the NXT has already been mined

No thanks... another scamcoin?
so much for peer to peer!  even frc is more democratic

So just because you did NOT trust your 1 BTC to support an idea that was presented publicly and would be open to the first 250 that would show interest it is a scam?   

let me get this straight.. 71 stakeholders get 4.76Million nxt each...  and they want us to send them bitcoins for a tiny piece of the pie??
the market will straighten this out...  you will be lucky if each nxt is worth 10 sotashis

People are working here. Could you go create an other Next Coin is scam thread instead of posting here ?
Don't take it personally.

Thanks.

[1713486926]

1713486926

[1713486926]

1713486926

[1713486926]

1713486926

[1713486926]

1713486926

[Come-from-Beyond]

Hi CfB, what is the command to get all the aliases belonging to one particular account. Someone posted a command here but it did not work.

http://localhost:7874/nxt?requestType=listAccountAliases&account=123 (only for 0.4.2)

[bizz]

NXT was initially brought into circulation by 71 stakeholders who donated a total of 21 Bitcoins in exchange for a stake in the NXT genesis block which generated one billion NXT. In other words, all the NXT has already been mined

 No thanks... another scamcoin?

so much for peer to peer!  even frc is more democratic

So just because you did NOT trust your 1 BTC to support an idea that was presented publicly and would be open to the first 250 that would show interest it is a scam?  

let me get this straight.. 71 stakeholders get 4.76Million nxt each...  and they want us to send them bitcoins for a tiny piece of the pie??

the market will straighten this out...  you will be lucky if each nxt is worth 10 sotashis

Around 220 million traded on DGEX and probably 50 more on forums or 25% has already changed hands.

http://87.230.14.1/nxt/nxt.cgi?action=2

I have read somewhere that only about 10-15% of Bitcoins are moving around.

[Come-from-Beyond]

Same difficulties, but transactions and payloads are different

One will become orphaned.

Edit: The latter lost

[dudenohair]

It writes pending in DGEX, when they will send my coins? almost 22 hours passed by.

[bitcoinrocks]

I would say that 10 x 10$ is better.

Would you choose the $10 plan over the others listed on this page:

https://www.digitalocean.com/pricing

[CIYAM]

Same - I was worried previously about the blockchain downloads but am now becoming more confident that this is for real.

I hope CfB will understand that IMO the most important thing about any *decentralized* crypto-currency is that it *is* decentralized - so my interest is only in ensuring that NXT is actually a "decentralized crypto-currency" (an idea that I think is rather important to all people on this forum).

If I lose BTC over this gamble then so be it (am not going to cry if it fails) - the important part is that the software does what it is supposed to do (without anyone's explicit control).

[utopianfuture]

Looks like blockchain was just split again.

He is my most recent block

23077      2272518827060030688      12/23/2013 12:23:58 PM   
2      0 + 4      276 B   
1      6661921931289285426      2389 %

Since the difficulty suddenly lowerer, I suspect that the blockchain got split.

[starik69]

71 stakeholders get 4.76Million nxt each...  

Your math is wrong

and they want us to send them bitcoins for a tiny piece of the pie??

And you want us to listen to you?

[EvilDave]

Just put a node back up on my home PC, seems to be rolling along nicely, even had my 250 missing NXT turn up.

But: because I am Captain Newbie round here (proud NXT supporter for the last 30 hours and counting) could someone have a look and let me know if I am actually running a public node and actually helping out NXT ?
IP is 24.132.70.212, ta very much.

1580825311588963305

And i'm running 4.2, last block info is:

23075      4747512364439223888      maandag 23 december 2013 18:12:48   
      
      2      0 + 2      273 B   
      
      1      12229662496288428466      597 %

I do not see you on the Active Peers list. Is that a static IP?

Yep, its static.
Do I have to set any parameters myself to go public, or are all nodes public straight out of the box ?

[joefox]

Re-posting my PSA:

If you are new to Nxt and don't want to read through 317 pages of forum posts, come to the wiki:
- Learn about Nxt
- Get started
- get basic questions answered in the FAQ and common problems pages

And NEW:
- Learn how to set up a public node on a VPS, using laowai80's steps

Upcoming:
- since nextcoin.org is under constant attack, I'll pull a copy of the installation instructions for all platforms and recreate them on Wikia ASAP.  Wikia is a much bigger site and is less susceptible to DDOS.

I comb these forums every day and pull tidbits for the wiki... so that you don't have to.  I also have the benefit of being someone who's been on the Nxt-wagon for weeks, so I can help filter out some of the forum noise.  If you're reading about Nxt for the first time now you're liable to start panicking over all this chain-forking and network-attack stuff.  Let the experienced Nxters panic, and don't add to the confusion until you've read the FAQ, at the VERY least.

[brooklynbtc]

Hi CfB, what is the command to get all the aliases belonging to one particular account. Someone posted a command here but it did not work.

http://localhost:7874/nxt?requestType=listAccountAliases&account=123 (only for 0.4.2)

this i love. http://localhost:7874/nxt?requestType=listAccountAliases&account=15436509232181115695

also i've been busy. Ha

oprah, paypal, ebay, chase, cheapxanax, marijuana, flyemirates

[Come-from-Beyond]

I would say that 10 x 10$ is better.

Would you choose the $10 plan over the others listed on this page:

https://www.digitalocean.com/pricing

They r expensive. 1 Gb is not enough for public node.

[Come-from-Beyond]

Same - I was worried previously about the blockchain downloads but am now becoming more confident that this is for real.

I hope CfB will understand that IMO the most important thing about any *decentralized* crypto-currency is that it *is* decentralized - so my interest is only in ensuring that NXT is actually a "decentralized crypto-currency" (an idea that I think is rather important to all people on this forum).

If I lose BTC over this gamble then so be it (am not going to cry if it fails) - the important part is that the software does what it is supposed to do (without anyone's explicit control).

I 100% agree.

[brooklynbtc]

Same difficulties, but transactions and payloads are different

One will become orphaned.

Edit: The latter lost

ok cool, now what is the step to get the VPS back on the right chain?

[laowai80]

I would say that 10 x 10$ is better.

Would you choose the $10 plan over the others listed on this page:

https://www.digitalocean.com/pricing

yes, 1 gb ram is much better than 512 mb.

[utopianfuture]

Looks like blockchain was just split again.

He is my most recent block

23077      2272518827060030688      12/23/2013 12:23:58 PM   
2      0 + 4      276 B   
1      6661921931289285426      2389 %

Since the difficulty suddenly lowerer, I suspect that the blockchain got split.

Anyone check this for me to see if I am at a different branch now.

[ArcticWolfie]

i'm stuck at 23075 

[laowai80]

They r expensive. 1 Gb is not enough for public node.

should be ok if non hallmarked and not ddos'ed?
at least my nodes run on 1 gb now.

[Come-from-Beyond]

ok cool, now what is the step to get the VPS back on the right chain?

Just wait.