NXT :: descendant of Bitcoin - Updated Information

[brooklynbtc]

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Released version 0.5.1:

http://download.nxtcrypto.org/nxt-client-0.5.1.zip
http://info.nxtcrypto.org/nxt-client-0.5.1.zip


sha256: 4c6ee12c5be7b49e0622afe2b64a0735c1355e58760f525f4a7dc4688882b656


Note the new URL, after this one new releases will be hosted only at
download.nxtcrypto.org instead of info.nxtcrypto.org.

Please test the http://localhost:7874/update.html tool to download and verify
the package.

This is mostly a bugfix release. Change log:

Possible fix for
https://bitcointalk.org/index.php?topic=397183.msg4343616#msg4343616 ,
needs more testing. Please report any occurencies of negative Recent blocks
and balances, and include the log errors if that happens.

Fixed blacklisting of hallmarked peers.

Accounts with negative balances can't forge.

Improved account public key verification.

Updated update.html to the newest version and changed download url.

Fixed missing transaction id's in My Transactions.


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yeah here it is.
thanks

[1714032722]

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[1714032722]

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[1714032722]

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[gradis]

The issues all come down to Dgex, which is the only exchange for Nxt and the only source for coinmarketcap stats.  The site is often unavailable (ddos attacks) and subject to manipulation, furthermore, they've implemented outrageous fees causing many to shy away from trading.

Which is why we should move some trading over to Peercover. Not all trading, but some of it, just to test the waters. There aren't any fees and you don't even have to deal with XRP save for the reserve which comes down to less than a dollar's worth. Don't know why people are still hesitant to moving over there.

The reason i don't trade there because I don't like NXT-XRP exchange, trading for bitcoin via XRP giving me a headache. And you don' have a BTC-NXT order book.

well common theme but as I have been following this for ages main gripes are -

Its slow - I read its done manually
Fees - omg what a bastard!
Trust - Has he ripped any one off? No? well put a price on that while u scan about the alt coin landscape.

Obviously he will run away with millions when I post this, but dgex has been about at start and say what you want, slow, useless etc its not really regarded as a scam for your coins.

[brooklynbtc]

Hey where can I get 0.5.1? nxt client update checker shows it as 0.5.1 but nothing downloads..

neither the latest or experimental version downloads from 0.5.0

@wesleyH  ideas on this?

Use http://localhost:7874/update.html instead of https.

AH awesome. can the link at https check and send you to http in the case?

[wesleyh]

Hey where can I get 0.5.1? nxt client update checker shows it as 0.5.1 but nothing downloads..

neither the latest or experimental version downloads from 0.5.0

@wesleyH  ideas on this?

Use http://localhost:7874/update.html instead of https.

AH awesome. can the link at https check and send you to http in the case?

It will be fixed in next version (https download link will be provided, which is the cause of the issue).

[utopianfuture]

Just saw a block with 10000 fee passing by. Who is that generous to forgers?

[wesleyh]

Just saw a block with 10000 fee passing by. Who is that generous to forgers?

It was this:

{
   "sender":"6470586216593328322",
   "fee":10000,
   "amount":0,
   "timestamp":3816203,
   "referencedTransaction":"0",
   "confirmations":6,
   "subtype":1,
   "block":"1097740993203607087",
   "attachment":{
      "alias":"landtech",
      "uri":"www.landtechcn.com"
   },
   "senderPublicKey":"e1b1f406033e6125f7ade6be4ec74d8bd451cde391d0615c5d1a0a82070c2658",
   "type":1,
   "deadline":9999,
   "signature":"405b9ee8b6f31705b1086cc669aa502f80e7470a95e57687025d19b39628350a4759c5a14daf5f5 7ff4d8c3a9b3c7d668937a413d5d51529b21119fab5133135",
   "recipient":"1739068987193023818"
}

Didn't know it was possible to have amount at 0?

[ferment]

Didn't know it was possible to have amount at 0?

Yes, for alias updates.

[opticalcarrier]

Just saw a block with 10000 fee passing by. Who is that generous to forgers?

It was this:

{
   "sender":"6470586216593328322",
   "fee":10000,
   "amount":0,
   "timestamp":3816203,
   "referencedTransaction":"0",
   "confirmations":6,
   "subtype":1,
   "block":"1097740993203607087",
   "attachment":{
      "alias":"landtech",
      "uri":"www.landtechcn.com"
   },
   "senderPublicKey":"e1b1f406033e6125f7ade6be4ec74d8bd451cde391d0615c5d1a0a82070c2658",
   "type":1,
   "deadline":9999,
   "signature":"405b9ee8b6f31705b1086cc669aa502f80e7470a95e57687025d19b39628350a4759c5a14daf5f5 7ff4d8c3a9b3c7d668937a413d5d51529b21119fab5133135",
   "recipient":"1739068987193023818"
}

Didn't know it was possible to have amount at 0?

the amt is 0 because its an alias assigmnent.  My guess is that fee wasnt as much "generosity" as was the assigner knew his account was the next forger due to TF and wanted to play a little mind game with us and was just waiting to buy the alias until he was sure he was the next forger

[subSTRATA]

add an empty file called blockchain.nrs in your NXT folder

It seems that helped, thanks! Not sure how I had it all working correctly without that file for weeks until today, though.

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+ ?

is your node hallmarked?  If so, what is the balance?  are you running any nodes elsewhere with that hallmark?  Does your nat/router/firewall forward TCP port 7874 to the computer that is running your java instance?

I'm running just normal computer and normal NXT node. You know, download NXT, install, run. Just 1 node. Balance is 501 NXT.
TCP port was not forwarded so I added port forwarding with http://sourceforge.net/projects/upnp-portmapper but D:U ratio still
goes 1:50+ almost immidiately after I ran NXT. When looking at current blocks tab as well as peers tab, it becomes obvious that
my node uploads a lot of data to all other nodes as soon as it receives a new block.

[laowai80]

Unconfirmed transactions [3902]

you guys see this?

Many transactions are from December.

[nxtgt]

The issues all come down to Dgex, which is the only exchange for Nxt and the only source for coinmarketcap stats.  The site is often unavailable (ddos attacks) and subject to manipulation, furthermore, they've implemented outrageous fees causing many to shy away from trading.

Which is why we should move some trading over to Peercover. Not all trading, but some of it, just to test the waters. There aren't any fees and you don't even have to deal with XRP save for the reserve which comes down to less than a dollar's worth. Don't know why people are still hesitant to move over there.

people are hesitant because its confusing. we have to think fast to trade and any confusion or multiple calculations makes for a lag and hesitation.

But you would rather risk deposits being late or lost? And paying fees out the wazoo? I walked through the whole process yesterday and it was actually very simple. You don't have to trade for XRP, but if you do, you can send that directly to a BTC address and it converts it for you at MP. No need to hassle with buying BTC with XRP. I'm saying people start trading NXT/BTC on Peercover, eliminate dealing with XRP altogether.

[mcjavar]

Maybe we could create an asset organisation in some exotic liberal country? Would you pay me for living in Seychelles or in Panama?

If one were truly committed to creating a NXT/Fiat gateway... the best way to go would be through a Belize International Business Company (IBC) that is owned by a Belize Trust.

Here is how you do it:

a. You create the Belize Trust (Trustees, Beneficiaries, etc.)
b. The Trust incorporates the IBC; thus the Trust is the owner of the IBC and not the beneficiaries of the Trust.
c. IBC creates a business presence online (website, NXT Asset Exchange gateway, etc.)
d. All bank, merchant, exchange, etc. accounts are opened by the IBC.
e. Belize bank account is in $.
f. The physical address associated with all accounts is the corporate address of the IBC.
g) There is NO TAX for income earned from IBCs outside Belize.

You are looking at $1500-2000 to set this up and around $1000 yearly expenses to renew the Belize contracts.


And YES... it is all COMPLETELY LEGAL!!!  


 

I´m in. anyone want to join? Smaragda?

[starik69]

Just saw a block with 10000 fee passing by. Who is that generous to forgers?

It was this:

{
   "sender":"6470586216593328322",
   "fee":10000,
   "amount":0,
   "timestamp":3816203,
   "referencedTransaction":"0",
   "confirmations":6,
   "subtype":1,
   "block":"1097740993203607087",
   "attachment":{
      "alias":"landtech",
      "uri":"www.landtechcn.com"
   },
   "senderPublicKey":"e1b1f406033e6125f7ade6be4ec74d8bd451cde391d0615c5d1a0a82070c2658",
   "type":1,
   "deadline":9999,
   "signature":"405b9ee8b6f31705b1086cc669aa502f80e7470a95e57687025d19b39628350a4759c5a14daf5f5 7ff4d8c3a9b3c7d668937a413d5d51529b21119fab5133135",
   "recipient":"1739068987193023818"
}

Didn't know it was possible to have amount at 0?

the amt is 0 because its an alias assigmnent.  My guess is that fee wasnt as much "generosity" as was the assigner knew his account was the next forger due to TF and wanted to play a little mind game with us and was just waiting to buy the alias until he was sure he was the next forger

5000 Asian scorpions!

[EmoneyRu]

Unconfirmed transactions [3902]

you guys see this?

Many transactions are from December.

Me 2

[laowai80]

Unconfirmed transactions [3902]

you guys see this?

Many transactions are from December.

Me 2

I restarted NXT on one node, that cleaned them off, but still showing on others, must be some sort of spamming the network?

[abuelau]

Maybe we could create an asset organisation in some exotic liberal country? Would you pay me for living in Seychelles or in Panama?

If one were truly committed to creating a NXT/Fiat gateway... the best way to go would be through a Belize International Business Company (IBC) that is owned by a Belize Trust.

Here is how you do it:

a. You create the Belize Trust (Trustees, Beneficiaries, etc.)
b. The Trust incorporates the IBC; thus the Trust is the owner of the IBC and not the beneficiaries of the Trust.
c. IBC creates a business presence online (website, NXT Asset Exchange gateway, etc.)
d. All bank, merchant, exchange, etc. accounts are opened by the IBC.
e. Belize bank account is in $.
f. The physical address associated with all accounts is the corporate address of the IBC.
g) There is NO TAX for income earned from IBCs outside Belize.

You are looking at $1500-2000 to set this up and around $1000 yearly expenses to renew the Belize contracts.


And YES... it is all COMPLETELY LEGAL!!!  


 

I´m in. anyone want to join? Smaragda?

Interesting...

[starik69]

Well, I give up. 051 seems more bad than 050. All time getting minus in "Recent blocks", cannot download blockchain after deletion of .nxt files. Very disappointed 

[subSTRATA]

Unconfirmed transactions [3902]

you guys see this?

Many transactions are from December.

Me 2

I restarted NXT on one node, that cleaned them off, but still showing on others, must be some sort of spamming the network?

Well, I give up. 051 seems more bad than 050. All time getting minus in "Recent blocks", cannot download blockchain after deletion of .nxt files. Very disappointed  

1. Shutdown NXT
2. Install version 0.5.1
3. Delete all .nxt and .nxt.bak files in NXT root directory
4. At that same location create a new file blockchain.nrs
5. Start NXT and wait for a while until blockchain downloads, like 15 minutes

[utopianfuture]

Well, I give up. 051 seems more bad than 050. All time getting minus in "Recent blocks", cannot download blockchain after deletion of .nxt files. Very disappointed 

seems unstable compared to 0.5.0. not sure but I tried to register some aliases but could not do it reliably.

[laowai80]

Unconfirmed transactions [3902]

you guys see this?

Many transactions are from December.

Me 2

I restarted NXT on one node, that cleaned them off, but still showing on others, must be some sort of spamming the network?

1. Shutdown NXT
2. Install 0.5.1
3. Delete all .nrx files in NXT root directory
4. At that same location create a new file blockchain.nrs
5. Start NXT and wait for a while until blockchain downloads, like 15 minutes

That only works for when you can't download the blockchain.
The blockchain is good this time, just a bunch of funny unconfirmed transactions showing in the left transaction tab