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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761738 times)
landomata
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January 07, 2014, 01:44:43 PM
 #15121

Is anyone going to become a gateway between NXT and fiat when Asset Exchange is launched? That would be interesting to know how trust issue is planned to be resolved.

PS: Rewards will be given to 3 best implementations.
Rewards to 3 best implementations of the gateways or of the 3 best ideas for the trust issue?

Implementations.

Let Ripple act as Gateway for Fiat....we use them as middle man.

There is nothing stopping them from buying an Asset Tag.

Edit:
Each country would have different rules to handle this sort of thing....so solutions would have be tailored to specifics countries.

Anyhow I also try to take part and think of something.


starik69
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January 07, 2014, 01:44:54 PM
 #15122

Restarted java, blue and green arrows are blinking, but stuck at 35133 block and no timer.
brooklynbtc
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January 07, 2014, 01:45:47 PM
 #15123

Price crashing phenomenally.. 0.000045

I hope only whales sell at this price...

Spartans hold

SN
S   U   P   E   R    N   E   T
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Uniting cryptocurrencies, Rewarding talent, Sharing benefits..

Blockchain Technology.

buzybit
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January 07, 2014, 01:48:23 PM
 #15124

I've asked before in the API thread, but got no answer that I was able to understand:

It is said that an account that has no public key in the BC yet (no outgoing transactions) is more prone to a brute force attack.

Could anyone explan why? I don't get it. My idea is that a brute force attack works like this: dictionary words or random input generates a public and private key pair, the later being the account number. I see no difference in the chances of finding an existing account number, when using this procedure, depending on if the public key is in the bc or not.

To avoid a situation similar to Bitcoin when we don't know if Satoshi lost his keys or just waiting for 1 BTC = 1000000 USD price. In Nxt, if someone doesn't reveal his public key even in 5 years, we can guess that he lost the key (or has balls of steel).

that's cool! and fair!
martismartis
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January 07, 2014, 01:48:32 PM
 #15125

Today I needed to restart client and java process 4 times. F5 doesn't help. client is 0.5.0. In command prompt windows sometimes  are errors, sometimes not. After last crash and after F5, client gives "java.lang.NullPointerException" error after entering password. Something weird. Checked task manager, java uses 500 MB of memory after last time client crashed. No errors in command prompt window.
utopianfuture
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Internet of Value


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January 07, 2014, 01:48:41 PM
 #15126

Is anyone going to become a gateway between NXT and fiat when Asset Exchange is launched? That would be interesting to know how trust issue is planned to be resolved.

PS: Rewards will be given to 3 best implementations.
Rewards to 3 best implementations of the gateways or of the 3 best ideas for the trust issue?

Implementations.

Let Ripple act as Gateway for Fiat....we use them as middle man.

There is nothing stopping them from buying an Asset Tag.

This is actually a good idea but we would need ripple and zapper to scale much faster.


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landomata
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January 07, 2014, 01:52:15 PM
 #15127

Is anyone going to become a gateway between NXT and fiat when Asset Exchange is launched? That would be interesting to know how trust issue is planned to be resolved.

PS: Rewards will be given to 3 best implementations.
Rewards to 3 best implementations of the gateways or of the 3 best ideas for the trust issue?

Implementations.

Let Ripple act as Gateway for Fiat....we use them as middle man.

There is nothing stopping them from buying an Asset Tag.

This is actually a good idea but we would need ripple and zapper to scale much faster.

they will scale precisely because of the demand from NXT.

look how a bit of Nxt trading drove Ripple's trading volumes...I think they have the structure in place....they just don't have any demand or volume.

This is what Nxt brings to the table......HUGE DEMAND

salsacz
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January 07, 2014, 02:01:05 PM
 #15128

Maybe we could create an asset organisation in some exotic liberal country? Would you pay me for living in Seychelles or in Panama? Cheesy
puck2
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January 07, 2014, 02:02:05 PM
 #15129

GOGOGOGO NXT  Grin

Look familiar?

BitAddict
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January 07, 2014, 02:02:31 PM
 #15130

Today I needed to restart client and java process 4 times. F5 doesn't help. client is 0.5.0. In command prompt windows sometimes  are errors, sometimes not. After last crash and after F5, client gives "java.lang.NullPointerException" error after entering password. Something weird. Checked task manager, java uses 500 MB of memory after last time client crashed. No errors in command prompt window.

Happened the same to me. 3 times in a row today.
starik69
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January 07, 2014, 02:03:30 PM
 #15131

I see some public nodes - node1.nxtbase.com, node21.nxtbase.com are corrupt, many weights are zero or negative. 11, 31, 41 (not looked further) gives "java.lang.NullPointerException"
BitAddict
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January 07, 2014, 02:06:14 PM
 #15132

I'm using 0.5.0 . Maybe is a compatibility problem with 0.5.1?

Block generator countdown is not working anymore.
luckygenough56
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January 07, 2014, 02:07:56 PM
 #15133


LOL
BitcoinForumator
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January 07, 2014, 02:08:20 PM
 #15134


Ok... hadn't sync'd my Bitcoin wallet for ages because I have been dry of BTC a while now, so...

I fire that baby up just in case one of you wonderful Homo Sapiens decided to lend me 5 BTC... AND GUESS WHAT?   Huh


I am getting 65% AVERAGE CPU Usage for bitcoin-qt and ONLY 0.20% AVERAGE CPU Usage for java!!!!!   ROFLMAO   Grin


THIS IS SO OVER PEOPLE... IT'S NOT EVEN FUNNY!!!   Kiss


Yeah tell that to the other millions. So far NXT is in a tiny bubble of it's own. Everyone is focused on Bitcoin and not enough recognition for NXT - yet.
BitAddict
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January 07, 2014, 02:12:43 PM
 #15135

Is working again for me:

35164      4747512364439223888      7/1/2014 15:11:58   
0      0 + 0      0 B   
2      195920145141934837      211 %
salsacz
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January 07, 2014, 02:12:51 PM
 #15136

Did you know that Nxt users are also from Jamaica, Iceland or Ethiopia? Smiley
Passion_ltc
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January 07, 2014, 02:15:24 PM
 #15137

Did you know that Nxt users are also from Jamaica, Iceland or Ethiopia? Smiley
But there are no nodes there it seems.
http://peerexplorer.com/

subSTRATA
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January 07, 2014, 02:18:29 PM
 #15138

Ermm why is my node uploading way more data than downloading? It is like that constantly.



same for me - looks like the columns were switched, didn't pay attention until now...
anyone else?

Could someone please answer our questions? Is it merely a bug somewhere or it is normal D:U ratio is 1:50+ ?

theres nothing here. message me if you want to put something here.
BaiMangal
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January 07, 2014, 02:22:59 PM
 #15139

Is anyone going to become a gateway between NXT and fiat when Asset Exchange is launched? That would be interesting to know how trust issue is planned to be resolved.

PS: Rewards will be given to 3 best implementations.

We have been waiting to see the Exchange functionality. We are ready with the legal stuff for opening a gateway in Bulgaria and working on legality for Ireland.
Not posting cause we want a reward just as to express out interest. Obviously will not say no to an eventual reward Smiley
utopianfuture
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January 07, 2014, 02:27:50 PM
 #15140

Is anyone going to become a gateway between NXT and fiat when Asset Exchange is launched? That would be interesting to know how trust issue is planned to be resolved.

PS: Rewards will be given to 3 best implementations.

We have been waiting to see the Exchange functionality. We are ready with the legal stuff for opening a gateway in Bulgaria and working on legality for Ireland.
Not posting cause we want a reward just as to express out interest. Obviously will not say no to an eventual reward Smiley

BaiMangal, this would be great. I do expect some of the first implementations not coming from U.S. There are just so much red tape going on here.


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