NXT :: descendant of Bitcoin - Updated Information

[opticalcarrier]

Everyone who hasn't yet voted for the logo should do so now at https://nextcoin.org/index.php/topic,1588.0.html

My vote goes to theo91, whom's coin design I already use on my faucet site.

in the logo voting thread, a candidate very similar to Namecoin's logo appears to be winning

This is QBTC's candidate



And namecoin looks like this:


Please take a look at all candidates and vote what you think will best represent NXT.  The voted logo will begin to be used on all our sites:  www, info, wiki, forums, etc.

[visaco]

SOME FUN

BITBOT VS BERNANKE



IF WANNA TIP:
NXT :2325804792485290058
BTC:  1MxUNfDmJKUAJbCZTVRjEfd4EbCvYTv5gR

[brooklynbtc]

Rasp Pi QUESTIONS

I see the set up link, how about a suggested parts list? for the best suitable set up for nxt

awesome

[rickyjames]

This is true.  It can only be "positively" identified as being sold when it is withdrawn from Dgex by the buyer.  That's the criteria I was using to say "20% had changed hands in 30 days at Dgex".  I was assuming 200M had been WITHDRAWN.  Now I find out that 75M has been shuffled into a Dgex storage account.  This means only 125M has been withdrawn, or around 12-13%, not 20%.  This matters because salsacz has a very bold "30%" claim front and center in her video.  That number needs to be researched and corrected a single time now, not explained as an error to critics a million times a month from now.

You don't suppose a new video with new numbers should be made after each 1% is withdrawn or deposited back to the exchange just to respond to the critics, do you?

No, I suppose that a video should be as accurate as possible on the one day it is issued for general public consumption.  After that obviously it will be OBE (overtaken by events).  But if the video overstates the progress made to date about redistribution of NXT into widespread use, it's gonna get labeled as false propaganda instead of a factual introduction.  This would be bad and is to be avoided at all costs.  Particularly if "all costs" = "prerelease fact-checking".

[msin]

Hey CfB... would really like your opinion on my concerns earlier:

https://bitcointalk.org/index.php?topic=345619.msg4198196;topicseen#msg4198196

...I have had my wallet unlocked non-stop (aside from downtime from attacks) for a FULL month until today...

The issue u r talking about belongs to client side. I don't have opinion on that, sorry.

I see... hopefully that kick-ass client that is in the works has that feature then.  thnx  

When I forge, I start java client, login via web browser, then close browser and keep java cmd open.  This will allow you to continue forging without having your wallet open in a browser.

YOU MADE MY DAY!!!   

So... how are you sure you are still forging?  I mean... how do you check to see that you are still forging?

thnx   

I just check it occasionally (log in), I've been up and running 0.4.7e for a while now with no issues. I also use a short password for an account with no Nxt just to log in real quick and check if the block chain is up to date.  As long as you leave your account unlocked when you close the browser, you will continue to forge.  

[trefifund]

Since most transaction fees obtains the one who has the most to the NXT account.
I established this account: 5116094607402271611
It is a fund (or pool if you want).
I plan to collect on it as much as possible NXT.
If you find this interesting and want to join, send as many as you like NXT (min.10 that it had any relevance)
Once mined some NXT will be divided in the ratio of investment by individual contributors.
Thanks to all for your interest.

[marcus03]

Since most transaction fees obtains the one who has the most to the NXT account.
I established this account: 5116094607402271611
It is a fund (or pool if you want).
I plan to collect on it as much as possible NXT.
If you find this interesting and want to join, send as many as you like NXT (min.10 that it had any relevance)
Once mined some NXT will be divided in the ratio of investment by individual contributors.
Thanks to all for your interest.

Epic....

[brooklynbtc]

ok smaragda, I'm getting close to mining a block, or being due to, so I'm going to stare the kettle until it boils and see if I can figure it out, unless all goes to shit..

ha

PLEASE let us know!  You are the man!!!   

and difficulty has shot up, over a day now. which i understand and is fair, and I can figure I have a chance to mine one in every 4000 blocks, 1 every three days.

Although I wonder if the 175 potential earnings is merely a division of all fees paid,

[trefifund]

Since most transaction fees obtains the one who has the most to the NXT account.
I established this account: 5116094607402271611
It is a fund (or pool if you want).
I plan to collect on it as much as possible NXT.
If you find this interesting and want to join, send as many as you like NXT (min.10 that it had any relevance)
Once mined some NXT will be divided in the ratio of investment by individual contributors.
Thanks to all for your interest.

Epic....

Why?
Do you think it's a bad idea?

[brooklynbtc]

Since most transaction fees obtains the one who has the most to the NXT account.
I established this account: 5116094607402271611
It is a fund (or pool if you want).
I plan to collect on it as much as possible NXT.
If you find this interesting and want to join, send as many as you like NXT (min.10 that it had any relevance)
Once mined some NXT will be divided in the ratio of investment by individual contributors.
Thanks to all for your interest.

Epic....

Why?
Do you think it's a bad idea?

its a bad idea. there is no difference if you mined with 10 coins or pooled your 10 coins. you'll earn the same amount. and not have just sent them off to a stranger.

[BloodyRookie]

ok smaragda, I'm getting close to mining a block, or being due to, so I'm going to stare the kettle until it boils and see if I can figure it out, unless all goes to shit..

ha

PLEASE let us know!  You are the man!!!   

and difficulty has shot up, over a day now. which i understand and is fair, and I can figure I have a chance to mine one in every 4000 blocks, 1 every three days.

Although I wonder if the 175 potential earnings is merely a division of all fees paid,

There is nothing like difficulty for forging a block.

[opticalcarrier]

Since most transaction fees obtains the one who has the most to the NXT account.
I established this account: 5116094607402271611
It is a fund (or pool if you want).
I plan to collect on it as much as possible NXT.
If you find this interesting and want to join, send as many as you like NXT (min.10 that it had any relevance)
Once mined some NXT will be divided in the ratio of investment by individual contributors.
Thanks to all for your interest.

Epic....

Why?
Do you think it's a bad idea?

its a bad idea. there is no difference if you mined with 10 coins or pooled your 10 coins. you'll earn the same amount. and not have just sent them off to a stranger.

its a good idea if you can trust the pool owner to

#1 be honest about the whole deal
#2 be 100% vigilant on keeping the pooled account forging nearly 100% of the time

Obviously with the beta-level client we are running, and its issues, stability has been sort of a problem, and I guess if you want to hand off that responsibility to the pool owner, you may end up with a bit more fees earned over time.

[brooklynbtc]

Since most transaction fees obtains the one who has the most to the NXT account.
I established this account: 5116094607402271611
It is a fund (or pool if you want).
I plan to collect on it as much as possible NXT.
If you find this interesting and want to join, send as many as you like NXT (min.10 that it had any relevance)
Once mined some NXT will be divided in the ratio of investment by individual contributors.
Thanks to all for your interest.

Epic....

Why?
Do you think it's a bad idea?

its a bad idea. there is no difference if you mined with 10 coins or pooled your 10 coins. you'll earn the same amount. and not have just sent them off to a stranger.

its a good idea if you can trust the pool owner to

#1 be honest about the whole deal
#2 be 100% vigilant on keeping the pooled account forging nearly 100% of the time

Obviously with the beta-level client we are running, and its issues, stability has been sort of a problem, and I guess if you want to hand off that responsibility to the pool owner, you may end up with a bit more fees earned over time.

sure, if you had 1Million coins, and no time to run a server, it would make sense to pay someone a few nxt cut to maintain a 99.9% uptime

but even that 1million coins will find a little over 1block a day. often for zero or 1 coins. that's $.06 today. what value!

so 10 coins, you can earn 1/100000th

[trefifund]

Since most transaction fees obtains the one who has the most to the NXT account.
I established this account: 5116094607402271611
It is a fund (or pool if you want).
I plan to collect on it as much as possible NXT.
If you find this interesting and want to join, send as many as you like NXT (min.10 that it had any relevance)
Once mined some NXT will be divided in the ratio of investment by individual contributors.
Thanks to all for your interest.

Epic....

Why?
Do you think it's a bad idea?

its a bad idea. there is no difference if you mined with 10 coins or pooled your 10 coins. you'll earn the same amount. and not have just sent them off to a stranger.

I can see the difference.
If a joint account (pool) accumulate a lot of NXT,
thus raises the chances that it will block mined.
If the excavated block, everyone is in the pool gets a reward

For example:
1st) You have 10 chances to NXT = extraction block: 0.00% almost nothing

2nd) You have 10 NXT add them to the pool = chance of extracting a block in the pool: eg 1.00% it depends on how NXT is already in the pool

[brooklynbtc]

Since most transaction fees obtains the one who has the most to the NXT account.
I established this account: 5116094607402271611
It is a fund (or pool if you want).
I plan to collect on it as much as possible NXT.
If you find this interesting and want to join, send as many as you like NXT (min.10 that it had any relevance)
Once mined some NXT will be divided in the ratio of investment by individual contributors.
Thanks to all for your interest.

Epic....

Why?
Do you think it's a bad idea?

its a bad idea. there is no difference if you mined with 10 coins or pooled your 10 coins. you'll earn the same amount. and not have just sent them off to a stranger.

I can see the difference.
If a joint account (pool) accumulate a lot of NXT,
thus raises the chances that it will block mined.
If the excavated block, everyone is in the pool gets a reward

For example:
1st) You have 10 chances to NXT = extraction block: 0.00% almost nothing

2nd) You have 10 NXT add them to the pool = chance of extracting a block in the pool: eg 1.00% it depends on how NXT is already in the pool

10 coins is 0.00. 0.00 added to 10million means you still have nothing. Do you think the holders of the 10million are going to pay you out more because?

[laowai80]

Epic battle going on right now between bulls and bears on the dgex exchange.

[Anon136]

what block are you guys on?

[laowai80]

what block are you guys on?

27757    5950426457252330700     656 %

[brooklynbtc]

what block are you guys on?

   27757      5430757907205901788      12/29/2013 12:06:48 PM   
0      0 + 0      0 B   
1      5950426457252330700      656 %   

      27757      5430757907205901788      12/29/2013 12:06:48 PM   
0      0 + 0      0 B   
1      5950426457252330700      656 %   


on local and https://raspnxt.hopto.org:7875/

[trefifund]

Since most transaction fees obtains the one who has the most to the NXT account.
I established this account: 5116094607402271611
It is a fund (or pool if you want).
I plan to collect on it as much as possible NXT.
If you find this interesting and want to join, send as many as you like NXT (min.10 that it had any relevance)
Once mined some NXT will be divided in the ratio of investment by individual contributors.
Thanks to all for your interest.

Epic....

Why?
Do you think it's a bad idea?

its a bad idea. there is no difference if you mined with 10 coins or pooled your 10 coins. you'll earn the same amount. and not have just sent them off to a stranger.

I can see the difference.
If a joint account (pool) accumulate a lot of NXT,
thus raises the chances that it will block mined.
If the excavated block, everyone is in the pool gets a reward

For example:
1st) You have 10 chances to NXT = extraction block: 0.00% almost nothing

2nd) You have 10 NXT add them to the pool = chance of extracting a block in the pool: eg 1.00% it depends on how NXT is already in the pool

10 coins is 0.00. 0.00 added to 10million means you still have nothing. Do you think the holders of the 10million are going to pay you out more because?

What do others say? What do you think?