NXT :: descendant of Bitcoin - Updated Information

[Alias]

So are we forking badly or not?

noob question but what happens when it forks???

Every fork of a network is effectively a new network itself. If you get stuck on a new fork/network then the coins you have are newNXT coins, as opposed to originalNXT coins. And they are not usable on the main NXT network. So they are almost useless.

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[EvilDave]

So are we forking badly or not?

noob question but what happens when it forks???

Everyone engages "headless chicken mode" and runs around shouting.

We should have only one blockchain, that every node agrees on.
In a fork, some nodes seperate from the group and head off on an independent blockchain for some reason.

It could be that all of the older clients (ie 5.9) are on a side chain
Or that the newest clients (5.10) are.

Or that everything has come good:

   51001      5154541454348994634      zondag 26 januari 2014 23:17:38   
      
      3      730 + 3      384 B   
      
      2      8360826299593841999      167 %   
   

14 minutes on one block...there must have something going on there.

[iruu]

Code:

[2014-01-26 23:17:38.002] DEBUG: Error in milestone blocks processing thread
java.util.concurrent.RejectedExecutionException: Task java.util.concurrent.FutureTask@6c92658c rejected from java.util.concurrent.ThreadPoolExecutor@7f490203[Shutting down, pool size = 4, active threads = 1, queued tasks = 0, completed tasks = 90619]
        at java.util.concurrent.ThreadPoolExecutor$AbortPolicy.rejectedExecution(ThreadPoolExecutor.java:2048)
        at java.util.concurrent.ThreadPoolExecutor.reject(ThreadPoolExecutor.java:821)
        at java.util.concurrent.ThreadPoolExecutor.execute(ThreadPoolExecutor.java:1372)
        at java.util.concurrent.AbstractExecutorService.submit(AbstractExecutorService.java:132)
        at Nxt$Peer.sendToSomePeers(Nxt.java:3511)
        at Nxt$Block.pushBlock(Nxt.java:1839)
        at Nxt$7.run(Nxt.java:6420)
        at java.util.concurrent.Executors$RunnableAdapter.call(Executors.java:471)
        at java.util.concurrent.FutureTask$Sync.innerRunAndReset(FutureTask.java:351)
        at java.util.concurrent.FutureTask.runAndReset(FutureTask.java:178)
        at java.util.concurrent.ScheduledThreadPoolExecutor$ScheduledFutureTask.access$301(ScheduledThreadPoolExecutor.java:178)
        at java.util.concurrent.ScheduledThreadPoolExecutor$ScheduledFutureTask.run(ScheduledThreadPoolExecutor.java:293)
        at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1145)
        at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:615)
        at java.lang.Thread.run(Thread.java:724)

Well seems to be working after restart...

[EvilDave]

Need to see some info from older clients, I've got 5.10, like most of us, anyone on 5.9 or older?

[Damelon]

So nothing is fixed ... major stakeholders can still delay forging of blocks to get as much tx fees as they can. Lame!

Please, please please, get out of a PoW mindset when dealing with a PoS system...  

[BitcoinForumator]

Anyone seeing a block higher than 51000 ?

51002 51004 here.

[S3MKi]

Anyone seeing a block higher than 51000 ?

51002 51004 here.

same

[EvilDave]

Anyone seeing a block higher than 51000 ?

Code:

51004		6719982959416303457
0		0 + 0		0 B	
2		7080119969660622374		241 %

Matches with me:

   51004      6719982959416303457      zondag 26 januari 2014 23:22:19   
      
      0      0 + 0      0 B   
      
      2      7080119969660622374      241 %

Which client version, SOMA?

[Damelon]

So nothing is fixed ... major stakeholders can still delay forging of blocks to get as much tx fees as they can. Lame!

Please, please please, get out of a PoW mindset when dealing with a PoS system...  

Smartass, every forged block that came with noticable delay was forged by guys with 1M+ NXT ... you need more proof?

No, I don't.
Are you really that bothered about the 3 Nxt transaction fee that came with that block?
I'll send you some...

By the way: nice paintings (serious)

[Raggsock]

Can someone please send me a NXT, just got the program running and created an account and now I need to get the 256-bit key done but I apparently need some NXT to send out for that. The faucet is not working either. Account number 11758187537607381702
Thanks in advance (I hope  )

[TigerCoin]

There is an article at Ars Technica which really woke me up to how unsafe some seemingly safe pass-phrases may actually be: How the Bible and YouTube are fueling the next frontier of password cracking -- Crackers tap new sources to uncover "givemelibertyorgivemedeath" and other phrases.

That article made me reevaluate and change most of the pass-phrases I had been using on many different sites, including my banks.

I need help with http://wiki.nxtcrypto.org/wiki/How-To:GenerateStrongPassword. I've looked at many sites that describe how to generate strong passwords. I find most unsatisfactory. They're either outdated, or just instruction lists that don't explain rationales. The requirements for Nxt passwords are orders of magnitude greater than what folks will be used to for other applications; I'd like people to understand why they need to be as careful as they should be, rather than mindlessly following instructions.

EDIT: Everyone, feel free to edit, and especially comment in the Discussion page. We need to use the wiki Talk pages more. Editors also need to know the rationale behind why pages are structured and written as they are, rather than simply piling on edits!

Step 1: Open a text editor
Step 2: Spam the Shift button while randomly mashing every letter and number as fast as you can.  Mash the maximum amount of characters allowed.
Step 3: Put on password protected flash drive.

Done.

[marek3ball]

So are we forking badly or not?

noob question but what happens when it forks???

Every fork of a network is effectively a new network itself. If you get stuck on a new fork/network then the coins you have are newNXT coins, as opposed to originalNXT coins. And they are not usable on the main NXT network. So they are almost useless.

situation A)
- I have money in my account
- I will not update and start new bad fork
- nobody will send me NXT coins
- I will fix situation and update
- are my old NXT ok?

situation B)
- the same as A, however somebody sent me NXT during my bad fork
- will be useless only money received during my bad fork?
- money I had before bad fork are ok?

[mudshark79]

So nothing is fixed ... major stakeholders can still delay forging of blocks to get as much tx fees as they can. Lame!

Please, please please, get out of a PoW mindset when dealing with a PoS system...  

Smartass, every forged block that came with noticable delay was forged by guys with 1M+ NXT ... you need more proof?

No, I don't.
Are you really that bothered about the 3 Nxt transaction fee that came with that block?
I'll send you some...

I am bothered with the fact major stakeholders are sort of people that are willing to ruin the NXT blocktime in order to
get some pathetic number of coins from fees. Their attitude clearly shows already they will do anything to get even more
coins so it is already clear as day (at least to me) that NXT future is dependant on people who actualy do not give a shit
about it. Yes, those guys are retards shooting themselves into leg, cutting the wrong side of breach they are sitting on.

NXT is far from 2nd generation cryptocoin if situation that block is not forged for 10 or 15 or 20+ minutes remains.

Where does this information come from.. following this thread for "ages" now and it's the first time that somebody claims it would be possible to delay the blocktime. How should this be done, what do you think? Is there some hidden "hold that block for a minute" button i haven't discovered yet in the NRS Interface ? Who is telling you this?

[mudshark79]

So nothing is fixed ... major stakeholders can still delay forging of blocks to get as much tx fees as they can. Lame!

Please, please please, get out of a PoW mindset when dealing with a PoS system...  

Smartass, every forged block that came with noticable delay was forged by guys with 1M+ NXT ... you need more proof?

No, I don't.
Are you really that bothered about the 3 Nxt transaction fee that came with that block?
I'll send you some...

I am bothered with the fact major stakeholders are sort of people that are willing to ruin the NXT blocktime in order to
get some pathetic number of coins from fees. Their attitude clearly shows already they will do anything to get even more
coins so it is already clear as day (at least to me) that NXT future is dependant on people who actualy do not give a shit
about it. Yes, those guys are retards shooting themselves into leg, cutting the wrong side of breach they are sitting on.

NXT is far from 2nd generation cryptocoin if situation that block is not forged for 10 or 15 or 20+ minutes remains.

Where does this information come from.. following this thread for "ages" now and it's the first time that somebody claims it would be possible to delay the blocktime. How should this be done, what do you think? Is there some hidden "hold that block for a minute" button i haven't discovered yet in the NRS Interface ? Who is telling you this?

No one needs to tell me anything, I know how to use NXT client to get data out of it and check data on NXT block explorer.

OK, then you can tell me how this maneuver has to be done then, technically? You have to alter the codebase in some respect or what exactly has to be done then?

Thanks for the information!

[joefox]

If you think it is impossible to create "hold that block for a minute" button than you are not coder and also don't know much
about cryptocoin history, like PPS pools going broke because evil miner submits shares but refuses to submit block solutions.

NXT code is open source. Unless everyone use the code where one is punished big time for delaying block generation that
same one can do anything he wishes with delays, especially if others like him join "the guild" and cooperate in some way.

I think you need to present some evidence, instead of insisting that everyone else must prove a negative.  This is a serious accusation you're making, and you have to back it up. Otherwise you'll be ignored as a troll.

[ChuckOne]

everyone is really making this whole voting thing more complicated than it needs to be. Just give people voting power in proportion to their stake. enforce a fee equal to the minimum transaction fee to ensure that they actually care about what they are voting on. and as for how long the stake must have remained stationary, let the issuer of the ballot determine that. its not perfect but nothing ever will be and its the best trade off in incentives problems i can think of.

*edit* really why does this even need to be done on the blockchain anyway. its just going to hog resources. let programmers build systems ontop of the blockchain for this. the tokens that we can already produce are all we need.

The ratio of fee and balance should represent the interest in the topic. Just one of them is not enough.

It has nothing to do with making things complicated. It is about being representative.

[starik69]

If you think it is impossible to create "hold that block for a minute" button than you are not coder and also don't know much
about cryptocoin history

If you are coder, then you could read the code and see where are you wrong   Who is lazy ass then? 

[Damelon]

If you think it is impossible to create "hold that block for a minute" button than you are not coder and also don't know much
about cryptocoin history, like PPS pools going broke because evil miner submits shares but refuses to submit block solutions.

NXT code is open source. Unless everyone use the code where one is punished big time for delaying block generation that
same one can do anything he wishes with delays, especially if others like him join "the guild" and cooperate in some way.

I think you need to present some evidence, instead of insisting that everyone else must prove a negative.  This is a serious accusation you're making, and you have to back it up. Otherwise you'll be ignored as a troll.

I don't have to prove you lazzy asses anyhing, there is block explorer so once major delay happens just copy and paste the
address of block generator and check it on block explorer. You will see that guy is having 1M+ NXT. Some of the biggest of
delays were done by someone with 50M+ NXT which is really hillarious part.

Blockchain is publicly visible database, all previous evil deeds are listed there so why not do some analysis for yourself?

Correlation is not causality.

You are stating a fact and drawing a conclusion that isn't backed by evidence.

[mudshark79]

If you think it is impossible to create "hold that block for a minute" button than you are not coder and also don't know much
about cryptocoin history, like PPS pools going broke because evil miner submits shares but refuses to submit block solutions.

NXT code is open source. Unless everyone use the code where one is punished big time for delaying block generation that
same one can do anything he wishes with delays, especially if others like him join "the guild" and cooperate in some way.

I think you need to present some evidence, instead of insisting that everyone else must prove a negative.  This is a serious accusation you're making, and you have to back it up. Otherwise you'll be ignored as a troll.

If it is true then it should be not too difficult to get some statistics about delayed blocks and generating addresses.... just looking at the block chain on some single delayed transactions and finding a big stake isn't a surprise because most blocks are forged by some big accounts, right? Wasn't there someone who compiled some statistics-data already?

[newsilike]

Just translated this post to German: http://www.cryptocoinsnews.com/2014/01/17/whats-nxt-world-cryptocurrencies

https://bitcointalk.org/index.php?topic=412243.msg4762678#msg4762678

Könnt mir gerne Bescheid sagen wenn ihr Verbesserungsvorschläge habt !