NXT :: descendant of Bitcoin - Updated Information

[abctc]

I see 24241 and Unconfirmed transactions [640]

- so it is very strange, that 24240 contains 0 + 0 .  Something bad with forging algo.

[1714012371]

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[OKNXT]

What's the difference between BTS and Nxt, with POS, no mining and AngelShares?

https://bitsharestalk.org/index.php?topic=1562.msg17528#msg17528

Nxt will have the following features:
- Decentralized Asset Exchange / Colored Coins (Starting after block 30000)
     This allows gateways to issue other currencies (fiat or crypto) on the Nxt network.
- Decentralized Marketplace / Auction
- Decentralized Mixing Service
- Encrypted Messaging / Chat
- Decentralized DNS / Alias System (Starting at block 22000)
- Transparent Mining (Partially starting at block 25000)
- DDoS Protection - Project Kharon
- Voting


Messaging / Chat -> Keyhotee
Decentralized Marketplace / Auction -> DomainShares ?
Decentralized DNS / Alias System (Starting at block 22000) -> Keyhotee ID / DomainShares?
Decentralized Mixing Service -> Keyhotee Wallet ?
Decentralized Asset Exchange / Colored Coins (Starting after block 30000)  -> NOT BitAssets
Voting -> VoteShares?

Looks like Nxt plans to build a copycat ecosystem using initial funding of just 21 BTC....

All of that said they are missing many key ingredients (Dividends, BitAssets, Scalability, etc).  

Lets see where things stand in 1 month

Who's the copycat? I think we need to have some sound on this problem. As I know, Bitshare was firstly proposed to be mined by hardware, and then around Nov 26th they changed their idea to let bitshare be PoS mining when they found released Nxt 100% PoS on 24th Nov.

[Kmonk]

Running 0.4.7e IP: 24.51.73.207

[S3MKi]

   24241      482115092852324318      25 Cнeжaнь 2013 16:52:50   
      
      45      14'121 + 45      5'799 B   
      
      1      6779105664811178698      1737 %

- didn't you see Unconfirmed transactions [640] ?

yes

   24242      10105875265190846103      25 Cнeжaнь 2013 17:05:20   
      
      13      519 + 17      1'844 B   
      
      1      2958329886603125018      3475 %
and 2 unconfirmed

[Come-from-Beyond]

I see 24241 and Unconfirmed transactions [640]

- so it is very strange, that 24240 contains 0 + 0 .  Something bad with forging algo.

These r unremoved transactions from orphaned blocks.

[starik69]

so it is very strange, that 24240 contains 0 + 0 .  Something bad with forging algo.

Nothing bad. Its simply empty block.

[starik69]

How to abandon peers, after connecting with which blocks disappear and many unconfirmed transactions appear?

[BloodyRookie]

24244      4747512364439223888      Mittwoch, 25. Dezember 2013 15:08:53   
      
      0      0 + 0      0 B   
      
      1      12371600429224622249      3475 %   
   

[smartwart]

just another 0.4.7e node @   93.190.92.75

[BitThink]

I mean if this function finds that there're already a lot of accounts, it will try to generate a longer account?

No.

Then I don't understand why the current addresses are all around 20 digits long, but the address space is 10^77.

https://www.google.com/?gws_rd=cr&q=nxt+coin+security

Hi, CFB, thanks a lot for the link.

For those haven't read the link, here's my summary:

The account id we see, called 'visibleId', is just the first 64 bit of the full account id, which is 256 bit. In case your secret phrase happens to generate an account id having the same first 64 bit id with an exsiting account (but not that all 256 bits are the same), the system will forbid you to create this account. If you create it offline, then the system will forbid your account once you becomes online. (So don't create an account offline and transfer nxt to it. You could send it to others with a tiny chance. But create account offline is not supported currently anyway).

[mcjavar]

I love this. Thousands of little Raspberry Pis around the world running for NXT.

Me too. That would be a small technical revolution.

I gave this thought a few extra minutes and now I am sure that THIS WOULD BE TREMENDOUS!

We need this.

Why? Whu would nxt runnin on raspberry pi be such a big thing? (Im a noob)

[bahamapascal]

24238      4747512364439223888      Mi 25 Dez 2013 14:37:09 CET   
      
      0      0 + 0      0 B   
      
      1      6695270637730030159      9266 %

I am always getting stuck at this block (or earlier)....I tried to sync from the last official block-chain upload, I tried from my own backup (from block 239xx) and I also re downloaded from scratch
nothing brings me up to date

Also my balance shows 0 (a little earlier it was even at -3).....

Any idea what I should do? Any one else having same problem?

[Come-from-Beyond]

24247      482115092852324318      25.12.2013 17:17:41   
0      0 + 0      0 B   
1      15519898296585140091      4842 %

[jl777]

CfB

good morning. Only a few of my aliases were there, so I just resubmitted them. Probably did each one several times, at least I got all but 1 and the current blockchain is valid, so won't have to do that again.

Only problem now is significant xfer of NXT got undone. Please confirm that I need to ask seller to resend?

James

[rickyjames]

I love this. Thousands of little Raspberry Pis around the world running for NXT.

Me too. That would be a small technical revolution.

I gave this thought a few extra minutes and now I am sure that THIS WOULD BE TREMENDOUS!

We need this.

Why? Whu would nxt runnin on raspberry pi be such a big thing? (Im a noob)

Because many nodes are needed right now to fight off a DDoS attack that is probably going to get much worse in coming days.   There's a million raspberry Pi's already in public hands that could be organized into a huge web of NXT nodes, with the secondary benefit of bringing MANY new users into the NXT fold.  Plus, the Pi is so cheap it would be relatively cost effective to field large numbers as needed by the core NXT faithful.

I am off as a self-assigned project over the next hours and days to investigate who has put the NXT client on the Pi - and even give it a go myself.  I'll report back if I find anything of use.

[BloodyRookie]

@bahamapascal: I manually kick all peers not running 0.4.7e. Since then my blockchain is up to date.

[S3MKi]

   24249      10105875265190846103      25 Cнeжaнь 2013 17:21:41   
      
      0      0 + 0      0 B   
      
      1      1392293640164763092      6940 %

[bahamapascal]

@bahamapascal: I manually kick all peers not running 0.4.7e. Since then my blockchain is up to date.

Ah ok...maybe I should be using  0.4.7e. as well? I thought that was only for VPS and I am using my notebook right now, but I will give that a try
Thanks

[Come-from-Beyond]

CfB

good morning. Only a few of my aliases were there, so I just resubmitted them. Probably did each one several times, at least I got all but 1 and the current blockchain is valid, so won't have to do that again.

Only problem now is significant xfer of NXT got undone. Please confirm that I need to ask seller to resend?

James

After we rolled the blockchain back I was watching a lot of unconfirmed transactions being included into re-forged blocks. I believe most of them were re-confirmed if they had 12h+ deadline.

[utopianfuture]

I love this. Thousands of little Raspberry Pis around the world running for NXT.

Me too. That would be a small technical revolution.

I gave this thought a few extra minutes and now I am sure that THIS WOULD BE TREMENDOUS!

We need this.

Why? Whu would nxt runnin on raspberry pi be such a big thing? (Im a noob)

Because many nodes are needed right now to fight off a DDoS attack that is probably going to get much worse in coming days.   There's a million raspberry Pi's already in public hands that could be organized into a huge web of NXT nodes, with the secondary benefit of bringing MANY new users into the NXT fold.  Plus, the Pi is so cheap it would be relatively cost effective to field large numbers as needed by the core NXT faithful.

I am off as a self-assigned project over the next hours and days to investigate who has put the NXT client on the Pi - and even give it a go myself.  I'll report back if I find anything of use.

Thanks ricky for the initiative. It would be brilliant if the idea works out.