NXT :: descendant of Bitcoin - Updated Information

[Fatih87SK]

KLONE Inductee Report

Introducing .... NxW

NwW, a vanilla clone of NEM with a touch of LightVelocityCoin!


[ANN] NextWorld (NxW) :: descendant of NXT - Next World Generation is here.
https://bitcointalk.org/index.php?topic=428136.0

"The Next World Generation."

Speak to the world NxW ... you have the collective 'ear' ... sing your praise to NXT!

Welcome to KLONE NxW! You have shown true commitment to NXT cloning!

You deserve your place in the KLONE genesis block!

'proof-of-clone' rolls up another snake eyes!!

It´s funny how many people read only "Zero Cost Buy In" and than they are reply "interested". Most of them don´t know even in what  

Mostly because they are jealous of the NXT-stakeholder.

Anyway... INTERESTED  

It's free to be interested. Also it is free publicity for NXT. That's why I'm interested.

[rnr]

Would it be possible that you implement some "Basic" indicators and charting (drawing) functions? Build in charting software. Like Meta Trader.

I mean, that would fit perfectly with the following P2P exchange - doesn´t it?


And my 0,02$ for the open source discuss: I think the mass and average Joe don´t care about it. If the mass adoption comes the people will use the most comfortable client.

Two screenshots of what I've been busy with for my NXT Solaris client. To be released over the weekend, since I need a rest.

Market view



Personal account management showing NXT values in other currencies



Be careful with the market view, though. You know, it's closed source and I might have something in there that influences the markets in the direction I want...  

[rickyjames]

Also, it's impossible to write a whitepaper now, coz we haven't seen 2nd and 3rd parts of the plan yet... By the end of this year we'll see 100$ for 1 NXT.

Lack of a whitepaper is a major drag on NXT.   That 2nd and 3rd part of the secret plan must really be something amazing.  When do they go into effect?  And why oh why would you leave something so monumental only 90 days from now, in April?

[xyzzyx]

Don't use floating point arythmetic in the core please.  There is only problem with that.

+1

Many smart cards use an 8051 as their processor, and memory space is limited.  IEEE floating point can be difficult to implement from the ground up, and adding floating point code will increase code size.

[CIYAM]

Don't use floating point arythmetic in the core please.  There is only problem with that.

Also agreed - no software that does *money* should ever be using binary floating point for that (and no financial software worth using *does*).

[xyzzyx]

Don't use floating point arythmetic in the core please.  There is only problem with that.

Also agreed - no software that does *money* should ever be using binary floating point for that (and no financial software worth using *does*).

Exactly.  Too many errors can accumulate over time.  http://docs.oracle.com/cd/E19957-01/806-3568/ncg_goldberg.html

[rriky92]

is there a byte limit for an alias?

Alias - (0, 100]
URI - [0, 1000]

NRS

Code:

if(aliasValue.length() != 0 && aliasValue.length() <= 100) {
   alias = aliasValue.toLowerCase();

   for(i = 0; i < alias.length() && "0123456789abcdefghijklmnopqrstuvwxyz".indexOf(alias.charAt(i)) >= 0; ++i) {;}

   if(i != alias.length()) {
      responses.put("errorCode", Integer.valueOf(4));
      responses.put("errorDescription", "Incorrect \"alias\" (must contain only digits and latin letters)");
   } else {
      uri = uri.trim();
      if(uri.length() > 1000) {
         responses.put("errorCode", Integer.valueOf(4));
         responses.put("errorDescription", "Incorrect \"uri\" (length must be not longer than 1000 characters)");
      } else {
...
} else {
   responses.put("errorCode", Integer.valueOf(4));
   responses.put("errorDescription", "Incorrect \"alias\" (length must be in [1..100] range)");
}

Thanks for this info!

[abuelau]

Basic questions

Could someone please explain to me how NRS determines the following:

1) Active vs. Known peers (why are some peers "Active" and some just "known"? How is this determined?)
2) Active Connected vs. Active Disconnected (what does "Disconnected" mean? Disconnected from the Nxt network? How is this determined?)

Background to the questions: if you go to https://node2.mynxt.info:7875/ you can't see node1.mynxt.info in the active list. It should be there though because node1.mynxt.info is hallmarked and is online (as you can check by going to https://node1.mynxt.info:7875/). Furthermore, the IP of node1.mynxt.info is in the "well-known" list in node2.mynxt.info web.xml. So why is it not there?

[EvilDave]

Bitcoin Conference Amsterdam 18-20 March 2014.

Guys (and gals/others):

Finally got a reply from the organiser of the above conference.
I need feedback on whether we should attend, and, if so,  some definite commitments from people to help out.
Go to:

https://nextcoin.org/index.php/topic,2277.msg32765.html#msg32765

for the full reply and any feedback u can give.

Ta very much, going AFK for an hour or 3, sorry.

[Come-from-Beyond]

Also, it's impossible to write a whitepaper now, coz we haven't seen 2nd and 3rd parts of the plan yet... By the end of this year we'll see 100$ for 1 NXT.

Lack of a whitepaper is a major drag on NXT.   That 2nd and 3rd part of the secret plan must really be something amazing.  When do they go into effect?  And why oh why would you leave something so monumental only 90 days from now, in April?

I wouldn't say amazing, just logical evolution of Transparent Forging. They's go into effect then the community implements them. I'm leaving coz I have other things to do.

[rickyjames]

You guys realize, that NXT hast about 80 times more coin supply than BTC and 40 times more than LTC ? If you say we can reach the market capitalization of LTC in this year, than yes! But if you say, we reach the price of 1 NXT = price of 1 LTC, than you are just delusional.

1 NXT = 23$
1000000000= 23,000,000,000 that is 2,x times the marketcapitalisation from BTC, the coin that has the biggest community and is here for 4 years already.

I actually think that having 80 times the coin supply of BTC is one of the reasons NXT will succeed.  

Bitcoin is effectively in competition with gold as a non-fiat store of value.  The price of gold defines the upper limit of what Bitcoin can hit, and that's currently around $1200 per coin/ounce.  Bitcoin won't go above that price because if people have $1200, they would rather trade it for a one ounce gold coin they can hold in their hand and not a computer file.

There's around 20,000 metric tons of privately held bullion gold that is traded to set the gold price.  In round numbers, that's worth around 1000 billion dollars.  So with its market cap of 12 billion dollars, the total value of Bitcoin is currently just over 1% of the total value of bullion gold.

If a Bitcoin is worth the same as a one ounce gold coin, and there are 100 tradable bullion gold coins in the world for every Bitcoin, then you could argue that there is room for 99 other cryptocoins that would also be worth the same as the unmatched 99 gold coins that will never be matched by Bitcoin with its finite supply.  

I think the current volume of NXT coins could and ultimately will provide that match at 1 NXT = 1 BTC = 1 gold coin.  The number of BTC and NXT coins together roughly match the available number of tradable one-ounce gold coins.

And this could happen a lot faster than four years.  Bitcoin has blazed the trail to put cryptocoins in the public mindset.  NXT doesn't need to spend years introducing the concept of cryptocoins to people who have no clue what those are.  Instead, there is a large market for NXT right now at its introduction.

[rickyjames]

Also, it's impossible to write a whitepaper now, coz we haven't seen 2nd and 3rd parts of the plan yet... By the end of this year we'll see 100$ for 1 NXT.

Lack of a whitepaper is a major drag on NXT.   That 2nd and 3rd part of the secret plan must really be something amazing.  When do they go into effect?  And why oh why would you leave something so monumental only 90 days from now, in April?

I wouldn't say amazing, just logical evolution of Transparent Forging. They's go into effect then the community implements them. I'm leaving coz I have other things to do.

I will really enjoy watching the NXT community voting on how to implement parts 2 and 3 of a plan they know nothing about.  That is going to be quite a spectacular show.

Good luck on your future projects, CfB.

[Come-from-Beyond]

I will really enjoy watching the NXT community voting on how to implement parts 2 and 3 of a plan they know nothing about.  That is going to be quite a spectacular show.

They'll know soon.

[dzarmush]

"They'll know soon"

[gimre]

Have  new candidate for the encryption review: Julian Assange , the guy is a living legend and he is a cryptographer imagine he would be saing good stuff about nxt...

He IS NOT cryptographer.

We need someone, who is known and possibly respectable in crypto world.
(possibly someone who is known on IACR conferences: http://www.iacr.org/conferences/)

Some folks suggested DJB or Wang Xiaoyun, but I doubt they'd do it for 10btc. Also doubt that Josef Pieprzyk would go for it?

[kunibopl]

You guys realize, that NXT hast about 80 times more coin supply than BTC and 40 times more than LTC ? If you say we can reach the market capitalization of LTC in this year, than yes! But if you say, we reach the price of 1 NXT = price of 1 LTC, than you are just delusional.

1 NXT = 23$
1000000000= 23,000,000,000 that is 2,x times the marketcapitalisation from BTC, the coin that has the biggest community and is here for 4 years already.

I actually think that having 80 times the coin supply of BTC is one of the reasons NXT will succeed.  

Bitcoin is effectively in competition with gold as a non-fiat store of value.  The price of gold defines the upper limit of what Bitcoin can hit, and that's currently around $1200 per coin/ounce.  Bitcoin won't go above that price because if people have $1200, they would rather trade it for a one ounce gold coin they can hold in their hand and not a computer file.

...

sorry, but these are, well, rather crazy assumptions. in a transaction you transfer some value and if you do this by typing 0.0004 or by typing 40000 is the same.
there might be a minor psychological effect, that a few people would prefer to buy 1 BTC worth 100$ rather than buy 0.1 BTC worth 100$.    

[CIYAM]

Some folks suggested DJB or Wang Xiaoyun, but I doubt they'd do it for 10btc. Also doubt that Josef Pieprzyk would go for it?

I will add 5 BTC to the bounty provided we get someone who is qualified and respected (someone quote this post to make sure it is on the record).

We want someone with crypto cred more than someone with a media personality.

So now we have 15 BTC to pay for this - anyone else want to chip in?

[martismartis]

I will really enjoy watching the NXT community voting on how to implement parts 2 and 3 of a plan they know nothing about.  That is going to be quite a spectacular show.

They'll know soon.

CFB, could you please disclose measuring unit for "soon"? it can be approx. hours, days, weeks, months, years

[bitcoinpaul]

Some folks suggested DJB or Wang Xiaoyun, but I doubt they'd do it for 10btc. Also doubt that Josef Pieprzyk would go for it?

I will add 5 BTC to the bounty provided we get someone who is qualified and respected (someone quote this post to make sure it is on the record).

We want someone with crypto cred more than someone with a media personality.

So now we have 15 BTC to pay for this - anyone else want to chip in?

[sakkosekk]

Some folks suggested DJB or Wang Xiaoyun, but I doubt they'd do it for 10btc. Also doubt that Josef Pieprzyk would go for it?

I will add 5 BTC to the bounty provided we get someone who is qualified and respected (someone quote this post to make sure it is on the record).

We want someone with crypto cred more than someone with a media personality.

So now we have 15 BTC to pay for this - anyone else want to chip in?

Is Snowden perhaps more "Crypto" than Wang Xiaoyun?