NXT :: descendant of Bitcoin - Updated Information

[pinarello]

Just wanted to say that 0.5.3 is running incredibly well for me.  Is anyone still having problems with stuck blocks?

mine keeps crashing or something cuz Firefox keeps asking me if I want to stop or continue the script... dont know whats the cause...

Yes that is at startup had the same problem with chrome, this needs to be fixed.

At startup with blocks.nxt and transactions.nxt missing or up to date?

If you are downloading the blockchain from scratch, or a significant number of missing blocks, it is to be expected that the browser UI cannot handle that many blocks. This will not be fixed as there is nobody working on the browser UI. You need to wait until the blockchain is up to date, and then open the browser. Or restart the browser only when it hangs, not the java process too.

Ok I understand that, than we have to warn users it will take some time to download the blockchain and they have to wait till complete download, surtenly on the client side this will be needed.

As NEW dummie user I dont bother restarting browsers pushing F5's and downloading blockchains, delete blockchains and restarting from scratch again. you or a good working dummy proof client has to do that for me.

Maybe the client should have a feature to delete .nxt files and replace them if corrupt, and at startup there should be a message to have patience and wait

but that is all client side.

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[pinarello]

I am crowdsourcing to get the info for myth:

6. Nxt is a worthless scamcoin without mining

Why is mining so important for all Bitcoiners/altcoiners?

for the hardware lobby and money plane simple

[Secondleo]

I am crowdsourcing to get the info for myth:

6. Nxt is a worthless scamcoin without mining

Why is mining so important for all Bitcoiners/altcoiners?

for the hardware lobby and money plane simple

It's the carrot. You can get into the system at almost any point, which drives adoption. You have to pay for NXT, but you can mine coins and altcoins and thus get into the system without investing fiat money.

This is also the reason why NXT has a rather fast adaption compared to Bitcoin. You can get into the system without fiat money.

[jl777]

There's a piece i'm missing in NXT. With many of the other coins, you see shops and services popping up that take some particular altcoin as a payment, but not with NXT - why not? Only one shop so far.

I think if there was some NXT glue library that had the same interface as bitcoin, then it would greatly increase adoption of NXT.

As it is, entirely new code with not so simple (to ordinary programmers) logic needs to be implemented. Mistakes cause lost NXT, darkNXT, etc.

If anybody is familiar with how bitcoin is interfaced to other websites (and exchanges) and is able to create a module for NXT that has the same interface, I think that would be worth a bounty.

James

[utopianfuture]

Where can I find more pictures?

Push!

Where do you find this pic ? I am not aware anyone making a client like this.

[mcjavar]

[

quote author=newsilike link=topic=345619.msg4430501#msg4430501 date=1389366239]
I'm currently discussing NXT and Proof of Stake with reddit folks:
http://de.reddit.com/r/Bitcoin/comments/1uvn22/in_future_can_bitcoin_switch_to_proofofstake/

People with more sophisticated knowledge then me might want to step in the conversation.

One guy posted this:
http://www.reddit.com/r/Bitcoin/comments/1uoq6e/what_do_you_guys_think_of_proof_of_stake_mining/cek7vbc

What do you think about that?

My friend n I made a video to discuss proof of stake here:

http://youtu.be/5XBtzeHrTDc

Tai Zen


[/quote]

I liked your previous video, too

[marcus03]

Where can I find more pictures?

Push!

Looks so promising...  :-)

[Passion_ltc]

Where can I find more pictures?

Push!

Where do you find this pic ? I am not aware anyone making a client like this.

https://bitcointalk.org/index.php?topic=345882.0

[abuelau]

Where can I find more pictures?

Push!

Looks so promising...  :-)

Very cool

[okaynow]

There's a piece i'm missing in NXT. With many of the other coins, you see shops and services popping up that take some particular altcoin as a payment, but not with NXT - why not? Only one shop so far.

Two. Only tees for now, but by next week there will be the Blockchain jewelery for your ladies ears, fingers or neck!
http://flakes.bigcartel.com/
On PM basis for now on NXT but them devs are fast !

[Passion_ltc]

NXTarea.com went public!


My new site NXTarea.com is now open for everyone!

We have an online wallet and a big link list. I redirected CoinArea.net to the new site as well. The faucet was dry for several days already and nobody is willing to donate. That's why the faucet goes offline and won't come back. Use wesley's one.

Currently I am developing a few small games and a place to promote NXT businesses. Let me know if you have nice ideas.

[utopianfuture]

FOUND MY LOST PASSWORD!!!!

I had an account with 1M NXT in it that I had thought that I had lost forever.  The password that I had saved in NOTEPAD did not seem to unlock the account after I had created it (and coins had been sent to it).  Turns out that my cut-n-paste from NOTEPAD was adding two end of line characters to the middle of the password when I setup the account!

I have NOTEPAD -> FORMAT -> Work Wrap on.  It appears that sometime when copying from Notepad, COPY-N-PASTE is adding 2 E-O-L characters in the middle of the string where the next breaks in the display, even though the characters are not there in the notepad file.

For proof of what I am saying, I will post the account, Saved off Password and NXT Password in a few hours after my transfer (out of that account) ages a bit.


Note, this is not a problem with NXT.....It is a problem with using NOTEPAD to store passwords.

My Proof....BTW, the only deposit to the account was from the genesis block.


NOTEPAD CONTAINED THESE LINES:  (The password line is one line and is wrapped to next line because of length.  If it shows as 2 lines here, it is one line in Notepad)
==============================
Account:7577840883495855927
Account Password:98yr38hD*J#)r039jr(JD(#)dju#)Ar9j34j9a)d9j)(J)Jr3)(J(r9fpoj3pojpj90j99uu(U90UUjOpj45390f99f94j4p4546sdr


But, the passphrase got no coins....(Not account 7577840883495855927)


The problem was that COPY-N-PASTE had added two line control characters from where the Word Wrap was splitting to the next line in the display.  {This is intermittent; does not always happen.}

NXT Account = Copy all three lines to passphrase....First line has an ENTER and the second line is just an ENTER.
============
98yr38hD*J#)r039jr(JD(#)dju#)Ar9j34j9a)d9j)

(J)Jr3)(J(r9fpoj3pojpj90j99uu(U90UUjOpj45390f99f94j4p4546sdr



HOW I DISCOVERED THIS: I tried to log into my different account this morning and it logged to different account.  I pasted the buffer into a new Notepad and noticed line controls had been added to middle of passphrase. I closed notepad (that contains my passphrase) and tried again.  It worked fine the second time.  That is when I reasoned that CUT-N-PASTE must have added the E-O-L characters.

HOW DID I GET BACK TO ACCOUNT NUMBER:  Basically put two ENTER before the last character in passphrase; and log into NRS.  If not passphrase, put two enters before the last 2 characters.  Then before last three.  Eventually, I recovered the passphrase.  Note, where the E-O-L characters were added depends on the dimensions of the window when you copied it from Notepad.


My motivation in bringing this to the community is that there are postings where people are positive of their passphrase, but it opens a different account now.  This could be a similar issue and the coins could be recoverable.


Again, this is a personal issue with storing passphrases.  It is not a NXT defect (except that control characters appear to be allowed in passphrases).


EDIT: Apparently others have noticed this bug as well. Do a search and you can find it.  Example, http://bavih.blogspot.com/2008/07/notepad-bug.html

Congrat man, 1 million NXt is a lot of money now. You could have sold some if you have had that much NXT earlier.

[utopianfuture]

There's a piece i'm missing in NXT. With many of the other coins, you see shops and services popping up that take some particular altcoin as a payment, but not with NXT - why not? Only one shop so far.

Two. Only tees for now, but by next week there will be the Blockchain jewelery for your ladies ears, fingers or neck!
http://flakes.bigcartel.com/
On PM basis for now on NXT but them devs are fast !

Why don't you make some NXT custom tees and sell us NXT-ers ?

[Come-from-Beyond]

With this info in the Whitepaper, are there any other points that need to be covered?

More info will be published later.

[utopianfuture]

NXTarea.com went public!


My new site NXTarea.com is now open for everyone!

We have an online wallet and a big link list. I redirected CoinArea.net to the new site as well. The faucet was dry for several days already and nobody is willing to donate. That's why the faucet goes offline and won't come back. Use wesley's one.

Currently I am developing a few small games and a place to promote NXT businesses. Let me know if you have nice ideas.

Love the site. Look clean and modern. Do you have a plan to monetize it ? You could have a chunk coming from affiliate links in the future.

[jl777]

With this info in the Whitepaper, are there any other points that need to be covered?

More info will be published later.

Understood. How exactly each node predicts ahead more than a block at 98%, 97%... accuracy was something I couldn't quite see how to do. Maybe hallmarked nodes cooperate with each other and provide this information to all the non-hallmarked nodes?

So, do you approve of whitepaper content (other than missing info)? Do we just have to tweak it and make it all proper English, etc?

James

[Come-from-Beyond]

How exactly each node predicts ahead more than a block at 98%, 97%... accuracy was something I couldn't quite see how to do. Maybe hallmarked nodes cooperate with each other and provide this information to all the non-hallmarked nodes?

No. I'll add API calls for prediction soon.

So, do you approve of whitepaper content (other than missing info)? Do we just have to tweak it and make it all proper English, etc?

Community should approve.

[Asian Prepper]

Hey, what do you think about this...

NXT –  created by an unknown rebel,describeveloped by free people!

Do you like the world? Do you like the governments? The system? No? You are not alone! Nobody likes to be lied, nobody likes to be restricted, nobody likes to face a wall every time he starts a business, to be forced to break the law, to be pushed around, to be humiliated… But there’s going to be a change! BTC showed the way, it injected a virus in the system. Now NXT will do the rest. An unknown genius rebel, who watched the development of the “virus”, created his masterpiece, setting the beginning of the revolution! Nothing will stop the process, because nothing can stop it! It is irreversible! NXT creates an enviroment with countless opportunities, an environment in which we will build our empire of freedom!

I can totally see the words "genius" & "masterpiece" being used to describe satoshi but lets wait for some solid proof & evidence first before we use those words to describe BCnext.

Right now we have lots of hype n "sizzle" but I dont see any solid "steak" yet to show for the Nxt hype yet.

No hard feelings BCnext...

Right now, from an early adopter & Nxt investor perspective, all I see is another copy cat programmer attempting to copy satoshi's shroud of anonymity, idea of a public ledger,  etc.

Being "original" is genius.
Being "different" is NOT genius.

Keep in mind that satoshi created btc to take power away from the 1% on wall street  n give it back to the 99% on Main Street while BCnext created nxt for personal financial gains.

keep in mind that there is nothing wrong with doing some thing for personal financial gains but I would hesitate to compare or place an unproven coder on the genius level of satoshi.

I invested in nxt because it was the first copy cat coin to make an attempt to come up with its own source code instead of being lazy n copying satoshi's code.

Is it possible that BCnext is another genius like satoshi?  Of course its possible...

I hope BCnext is able to produce the code that he claims n provide proof of his genius. ..

Until there is proof... BCnext is just another wanna be copy cat...

once proof is clearly available. .. I will be the first to promote the genius of BCnext's.

[instacalm]

NXTarea.com went public!
My new site NXTarea.com is now open for everyone!

Love the site!

[jl777]

Asian Prepper,

Have you tried to find bugs in the released source code?
Have you ever seen so much functionality packed into such few lines of code?

From your statements it is likely that you are not a programmer. I am a pretty experienced programmer and I can usually find bugs in other people's code pretty quickly. However, only ricot seems to have been able to find any sort of problem with the current source code. I am ignoring style issues, lack of software engineering rigor, etc. This is after all a beta test.

Also, my understanding is that BCNext has spent more money than he has made with NXT. He created something totally new (Transparent Forging), tossed in all other altcoin features, made it run on cellphones and you doubt his genius??

James