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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761747 times)
bizz
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December 29, 2013, 12:15:50 PM
 #10281

Turned out it's the DGEX reserve account with 75 mil  Cool
What is your source for this statement?  If true, it totally invalidates salsacz's video claim that 30% of NXT has changed owners in 21 days or my analysis that 20% had done so thru Dgex in 30 days...

Wrong. This is/was receiving address of dgex. 1500 btc received:
https://blockchain.info/address/1LNKq42Hx6nsWCyBsxKCDqdF3btBbufnQT
dittie
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December 29, 2013, 12:16:09 PM
 #10282

My Hallmarked VPS is running at Amazon for about 40 hours right now, I have 2 questions though :

1 : Does someone have an easy copy paste restart script? The node seems to hang every 12 hours or so(account will show negative and blocks won't be received anymore in the GUI), so I want to restart it.

2 : Right now I am paying about 0.0725 per hours (or 1.74$ per day), can it be done cheaper at another VPS?

Thanks.
laowai80
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December 29, 2013, 12:18:51 PM
 #10283

My Hallmarked VPS is running at Amazon for about 40 hours right now, I have 2 questions though :

1 : Does someone have an easy copy paste restart script? The node seems to hang every 12 hours or so(account will show negative and blocks won't be received anymore in the GUI), so I want to restart it.

2 : Right now I am paying about 0.0725 per hours (or 1.74$ per day), can it be done cheaper at another VPS?

Thanks.

Start with a $10/month plan for 1 GB RAM for hallmarked and upgrade if necessary, check out my signature guide. Version 0.4.8 is supposed to fix some memory leaks, so it should get more stable once it's released, so hang on till that happens Smiley

this script might help, save it as 'start.sh' and run:

nohup ./start.sh &

Code:
#!/bin/bash
while :
do
  ps ax | grep java | grep -vq grep || java -Xms700m -Xmx800m -jar start.jar
  sleep 30
done
newcn
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December 29, 2013, 12:21:41 PM
 #10284

newcn

If you notice the ripple address you are to send it to has a ?dt=<number>
That number is how the peercover server knows to send it to the NXT acct you put in
All fully automated, except for the part where you have to send back the ripple NXT to redeem it

James

I withdrew 2 times, and the following  RIPPLE_ADDR?dt=<NN>  are different, both for RIPPLE_ADDR and NN,
and several hours passed, the balance of my nxt account did not increase,
my nxt amount in my ripple wallet did not change,
I must did sth wrong! Huh


Check your email,you should receive a mail from peercover.

you r right, I got 3 emails from peercover:
Code:
NXT withdrawal pending
Send NXT to ra9eZxMbJrUcgV8ui7aPc161FgrqWScQxV?dt=12 for deposit into NXT wallet with address 16886318053889080545

NXT withdrawal pending
Send NXT to ra9eZxMbJrUcgV8ui7aPc161FgrqWScQxV?dt=29 for deposit into NXT wallet with address 16886318053889080545

1688....0545 is my nxt account, to which I withdrew some nxt .
but the ra9e....Qxv is not mine!

BTC:1NzzfeHCgN8fF6mSG1UeBFCVd2cxKbGyHk
NXT:13187911577562526278
dittie
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December 29, 2013, 12:23:41 PM
 #10285

My Hallmarked VPS is running at Amazon for about 40 hours right now, I have 2 questions though :

1 : Does someone have an easy copy paste restart script? The node seems to hang every 12 hours or so(account will show negative and blocks won't be received anymore in the GUI), so I want to restart it.

2 : Right now I am paying about 0.0725 per hours (or 1.74$ per day), can it be done cheaper at another VPS?

Thanks.

Start with a $10/month plan for 1 GB RAM for hallmarked and upgrade if necessary, check out my signature guide. Version 0.4.8 is supposed to fix some memory leaks, so it should get more stable once it's released, so hang on till that happens Smiley

this script might help, save it as 'start.sh' and run:

nohup ./start.sh &

Code:
#!/bin/bash
while :
do
  ps ax | grep java | grep -vq grep || java -Xms700m -Xmx800m -jar start.jar
  sleep 30
done

I think your script only works when the process is crashed right ? The problem is that is does not crash but just runs but "hangs". So I would like to do a shutdown and restart of the process every 12 hours.
Come-from-Beyond
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December 29, 2013, 12:25:03 PM
 #10286

Turned out it's the DGEX reserve account with 75 mil  Cool
What is your source for this statement?  If true, it totally invalidates salsacz's video claim that 30% of NXT has changed owners in 21 days or my analysis that 20% had done so thru Dgex in 30 days...
https://nextcoin.org/index.php/topic,1658.msg15160.html#msg15160

In 10 years Graviton could say:
- I recall times when I had 7.5% of all world wealth in my pocket...
laowai80
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December 29, 2013, 12:27:18 PM
 #10287

I think your script only works when the process is crashed right ? The problem is that is does not crash but just runs but "hangs". So I would like to do a shutdown and restart of the process every 12 hours.

Well, you could kill off the process and then restart it, but the thing is the blockchain files could get corrupt, so you'd have to do some .bak files copying, so better wait till 0.4.8 anyway Smiley
dittie
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December 29, 2013, 12:42:14 PM
 #10288

I think your script only works when the process is crashed right ? The problem is that is does not crash but just runs but "hangs". So I would like to do a shutdown and restart of the process every 12 hours.

Well, you could kill off the process and then restart it, but the thing is the blockchain files could get corrupt, so you'd have to do some .bak files copying, so better wait till 0.4.8 anyway Smiley

Ok, it should be here soon right ?
jl777
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December 29, 2013, 12:42:51 PM
 #10289

newcn

Did you do a ripple send to ra9eZxMbJrUcgV8ui7aPc161FgrqWScQxV?dt=12 the NXT you want to withdraw? That is peercover's address, in order to withdraw the ripple NXT you have to redeem it by sending it back to peercover. If you don't send it back, there is nothing to withdraw

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
zhangdu
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December 29, 2013, 12:48:23 PM
 #10290

newcn

If you notice the ripple address you are to send it to has a ?dt=<number>
That number is how the peercover server knows to send it to the NXT acct you put in
All fully automated, except for the part where you have to send back the ripple NXT to redeem it

James

I withdrew 2 times, and the following  RIPPLE_ADDR?dt=<NN>  are different, both for RIPPLE_ADDR and NN,
and several hours passed, the balance of my nxt account did not increase,
my nxt amount in my ripple wallet did not change,
I must did sth wrong! Huh


Check your email,you should receive a mail from peercover.

you r right, I got 3 emails from peercover:
Code:
NXT withdrawal pending
Send NXT to ra9eZxMbJrUcgV8ui7aPc161FgrqWScQxV?dt=12 for deposit into NXT wallet with address 16886318053889080545

NXT withdrawal pending
Send NXT to ra9eZxMbJrUcgV8ui7aPc161FgrqWScQxV?dt=29 for deposit into NXT wallet with address 16886318053889080545

1688....0545 is my nxt account, to which I withdrew some nxt .
but the ra9e....Qxv is not mine!


ra9eZxMbJrUcgV8ui7aPc161FgrqWScQxV?dt=12/29 is the peercover ripple gateway trust add, you send the NXT to that acc, then peercover will send  
NXT to your NXT ACC.  It shoud take about 1 day I think.

newcn
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December 29, 2013, 12:52:03 PM
 #10291

newcn

Did you do a ripple send to ra9eZxMbJrUcgV8ui7aPc161FgrqWScQxV?dt=12 the NXT you want to withdraw? That is peercover's address, in order to withdraw the ripple NXT you have to redeem it by sending it back to peercover. If you don't send it back, there is nothing to withdraw

James

no, I did nothing inside ripple about the withdraw,
so, I should send nxt to ra9eZxMbJrUcgV8ui7aPc161FgrqWScQxV inside ripple?
I shall have a try ASAP
thank you!

one more question: should I put  "dt=12" as the "destanation tag" in ripple?

BTC:1NzzfeHCgN8fF6mSG1UeBFCVd2cxKbGyHk
NXT:13187911577562526278
laowai80
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December 29, 2013, 12:55:31 PM
 #10292

Ok, it should be here soon right ?

I hope so Smiley
mcjavar
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December 29, 2013, 12:55:34 PM
 #10293

Anyone interested? The price for a t-shirt would be 350 Nxt (+ shipping within Europe 200 Nxt, outside Europe 400 Nxt)

I am not a graphic designer, this is just an idea Smiley

GCInc.
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December 29, 2013, 12:57:32 PM
 #10294

In 10 years Graviton could say:
- I recall times when I had 7.5% of all world wealth in my pocket...
Hah, I take that as a statement of ultimate optimism justified even with the past tense Smiley

newcn
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December 29, 2013, 01:00:54 PM
 #10295

ra9eZxMbJrUcgV8ui7aPc161FgrqWScQxV?dt=12/29 is the peercover ripple gateway trust add, you send the NXT to that acc, then peercover will send  
NXT to your NXT ACC.  It shoud take about 1 day I think.

Thank you, I see Grin

BTC:1NzzfeHCgN8fF6mSG1UeBFCVd2cxKbGyHk
NXT:13187911577562526278
user1922
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December 29, 2013, 01:04:58 PM
 #10296

Are there any plans on redistributing the roughly 61 million USD in NXT ? The current distribution seems so far off, it borders on being ridiculous. Basically all founders are now millionaires. Before it is even usable as a payment system?
I tried to gather some NXT but it seems almost impossible, I got more free BTC doing less work (not mining, but faucets, ad-clicking, etc).
This all seems a bit too greedy for my taste to be totally honest.

Why not hold 80% of all NXT in the genesis account and release that as transactions fee's in the coming 10-30 years? Seems a LOT fairer to me.
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December 29, 2013, 01:09:05 PM
 #10297

Are there any plans on redistributing the roughly 61 million USD in NXT ? The current distribution seems so far off, it borders on being ridiculous. Basically all founders are now millionaires. Before it is even usable as a payment system?
I tried to gather some NXT but it seems almost impossible, I got more free BTC doing less work (not mining, but faucets, ad-clicking, etc).
This all seems a bit too greedy for my taste to be totally honest.

Why not hold 80% of all NXT in the genesis account and release that as transactions fee's in the coming 10-30 years? Seems a LOT fairer to me.

I second that!

Quote
Why not hold 80% of all NXT in the genesis account and release that as transactions fee's in the coming 10-30 years?
Great Ideas
allwelder
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December 29, 2013, 01:11:30 PM
 #10298

Dont know why there are so many red flags in my acitve peers and Orange flags in know peers.
Just ignore them or take some action?
Thanks.

 
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Come-from-Beyond
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December 29, 2013, 01:11:36 PM
 #10299

Why not hold 80% of all NXT in the genesis account and release that as transactions fee's in the coming 10-30 years? Seems a LOT fairer to me.

This would make Nxt less secure. Google "proof-of-stake" and read Sunny King and Balthazar.
bizz
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December 29, 2013, 01:12:15 PM
 #10300

Are there any plans on redistributing the roughly 61 million USD in NXT ? The current distribution seems so far off, it borders on being ridiculous. Basically all founders are now millionaires. Before it is even usable as a payment system?

Are you talking about bitcoin?  Grin

I tried to gather some NXT but it seems almost impossible, I got more free BTC doing less work (not mining, but faucets, ad-clicking, etc).
This all seems a bit too greedy for my taste to be totally honest.

You can buy it on dgex with no problem? But you want it for free/nothing? That seems greedy to me.

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