NXT :: descendant of Bitcoin - Updated Information

[Come-from-Beyond]

I'm testing Arbitrary Messages right now, btw...

Would sending a message to someone cost a transaction fee? Like 1 NXT to send a text message for instance?

Sending a message via Arbitrary Messaging does cost 1 NXT fee. Doing the same via Service Providers is much cheaper coz paid by a subscription.

[1714662086]

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[1714662086]

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[Come-from-Beyond]

so the system is not made for mass messaging, right?

Incorrect. The current state of the network can't handle mass messaging.

Why? What needs to be done to process 10k transactions/minute?

We need a way to announce IP address of forging nodes (or their gateways). This requires new features on the protocol level.

[Come-from-Beyond]

Can;t we code it so that to send a msg from your account to one other alias within 1440 blocks.....you only pay 1 nxt.

to send to new alias/account you must pay another 1 Nxt.

EDIT: Nxt Messenger Faucet linked to website would give 10 fee Nxt for downloading the app.

Interesting idea, let's brainstorm it.

can it be coded into the current setup?

Dunno, need to think more about it.

[landomata]

I'm testing Arbitrary Messages right now, btw...

Would sending a message to someone cost a transaction fee? Like 1 NXT to send a text message for instance?

Sending a message via Arbitrary Messaging does cost 1 NXT fee. Doing the same via Service Providers is much cheaper coz paid by a subscription.

remove service providers from this equation....we don't have time....lets code this thing in and move...

1) APPS can be built fast

2) Messaging is ready

3) Fee structure can be coded in fast

Lets not wait for this service provider....this will only slow us down.

[btcruss]

is subscription impossible?

[mcjavar]

so the system is not made for mass messaging, right?

Incorrect. The current state of the network can't handle mass messaging.

Why? What needs to be done to process 10k transactions/minute?

We need a way to announce IP address of forging nodes (or their gateways). This requires new features on the protocol level.

Why is it necessary to announce IP address of forging nodes? Every node is forging, or not?

[Come-from-Beyond]

Why is it necessary to announce IP address of forging nodes? Every node is forging, or not?

Senders must know where to send transactions to. If they broadcasted them to all the nodes we would need petabyte links.

[IveBeenBit]

Why is it necessary to announce IP address of forging nodes? Every node is forging, or not?

It's part of the "transparent forging" thing. Everyone on the network knows who will forge the next block. This enables them to send their transactions directly to the forger so they get included in a block right away.

[yan83]

Messaging is ready?

[landomata]

Messaging is ready?

CfB is testing it right now

[landomata]

Why is it necessary to announce IP address of forging nodes? Every node is forging, or not?

Senders must know where to send transactions to. If they broadcasted them to all the nodes we would need petabyte links.

we dont; really need MASS MESSAGING  @ 10,000 per Sec. rate at the moment.

We need 100 TX per. Sec. Max.....AT THIS POINT!


That would allow 8 million transaction in 24 hours.....would this be doable?


EDIT: 50 tx per sec. MAX....would allow 4 million transactions in 24 hours..

[Come-from-Beyond]

Why is it necessary to announce IP address of forging nodes? Every node is forging, or not?

Senders must know where to send transactions to. If they broadcasted them to all the nodes we would need petabyte links.

we dont; really need MASS MESSAGING  @ 10,000 per Sec. rate at the moment.

We need 100 TX per. Sec. Max.....AT THIS POINT!


That would allow 8 million transaction in 24 hours.....would this be doable?

No, current limit is 360'000 messages in 24 hours.

[landomata]

Why is it necessary to announce IP address of forging nodes? Every node is forging, or not?

Senders must know where to send transactions to. If they broadcasted them to all the nodes we would need petabyte links.

we dont; really need MASS MESSAGING  @ 10,000 per Sec. rate at the moment.

We need 100 TX per. Sec. Max.....AT THIS POINT!


That would allow 8 million transaction in 24 hours.....would this be doable?

No, current limit is 360'000 messages in 24 hours.

Great!....thats alot to begin with

EDIT: Let's make it happen 

[allwelder]

why this NXT acc 17552228555428028643 have no record both in http://87.230.14.1/nxt/nxt.cgi?action=100?

Code:

Noting found. Please check your number and try again.

search in publickkeyhttp://localhost:7874/nxt?requestType=getAccountPublicKey&account=17552228555428028643

Code:

{"errorCode":5,"errorDescription":"Unknown account"}

[Come-from-Beyond]

why this NXT acc 17552228555428028643 have no record both in http://87.230.14.1/nxt/nxt.cgi?action=100?

Code:

Noting found. Please check your number and try again.

search in publickkeyhttp://localhost:7874/nxt?requestType=getAccountPublicKey&account=17552228555428028643

Code:

{"errorCode":5,"errorDescription":"Unknown account"}

There were no transactions to 17552228555428028643

[Buratino]

Q:  How would you solve problem with scam accusations according to "unfair" distribution Nxt to 73 big stakeholders?
A:  This problem can not be solved.  Even if we had a million stakeholders the rest seven billion people would call this unfair.  A world with the money can not be perfect.

To my great surprise, my question have been passed to BCNext. I am glad and have satisfied with answer. 

[notsoshifty]

Closure On The EpicThomas Attack Of 31 Dec 2013

Good work on tracking down the person responsible for uploading a dodgy client.

But, it doesn't sit right with me that EpicThomas has to (partially) compensate Framewood. Someone is responsible for Framewood's rogue transaction, but AFAIK there's zero evidence that it's EpicThomas.

[landomata]

ANNOUNCEMENT: NXT MOBILE APPLICATIONS COMPANY ORGANIZATION


I will be posting this topic in the nextcoin.org & nxtcrypto.org forums so we will can better organize & develop this idea.


Summary:

The NXT MOBILE APPLICATIONS COMPANY will be coordinating the development, deployment & marketing of the NXT flagship mobile apps (Android & iPhone/iPad).


The Nxt Mobile Applications Company will be a decentralized, cellular organization.  Its shares will be listed on the Nxt Asset Exchange.


P.S. Further details will be follow in both the forums mentioned above.

EDIT:

Pls register you name in any of the forums and PLS me mention which Group you would like to work under.

https://nextcoin.org/index.php/topic,2634.msg26093.html#msg26093
 
or

https://forums.nxtcrypto.org/viewtopic.php?f=2&t=467

[coolfish]

ANNOUNCEMENT: NXT MOBILE APPLICATIONS COMPANY ORGANIZATION


I will be posting this topic in the nextcoin.org & nxtcrypto.org forums so we will can better organize & develop this idea.


Summary:

The NXT MOBILE APPLICATIONS COMPANY will be coordinating the development, deployment & marketing of the NXT flagship mobile apps (Android & iPhone/iPad).


The Nxt Mobile Applications Company will be a decentralized, cellular organization.  Its shares will be listed on the Nxt Asset Exchange.


P.S. Further details will be follow in both the forums mentioned above.

Well, good jobs !
+1

[mcjavar]

ANNOUNCEMENT: NXT MOBILE APPLICATIONS COMPANY ORGANIZATION


I will be posting this topic in the nextcoin.org & nxtcrypto.org forums so we will can better organize & develop this idea.


Summary:

The NXT MOBILE APPLICATIONS COMPANY will be coordinating the development, deployment & marketing of the NXT flagship mobile apps (Android & iPhone/iPad).


The Nxt Mobile Applications Company will be a decentralized, cellular organization.  Its shares will be listed on the Nxt Asset Exchange.


P.S. Further details will be follow in both the forums mentioned above.

Definately want to join!