NXT :: descendant of Bitcoin - Updated Information

[furball]

Sorry if this is extremely noobie, but I recently bought some NXT to test with and have had my client open for about two days to see how the forging process works..it is now showing "You can generate the next block in 6092 days....." !!

Is this because I only have a few hundred NXT? Will I see ANY new NXT in my account before then?

Thanks for your help in advance!

F.

[1714956762]

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[podyx]

Can anyone explain how i send nxt to solaris wallet??

[lucky88888]

Hello fellow nxters! and nxters soon to be!

Proudly Presenting you: A Nxt Forging Competition, where the lowest amount of balance that a person forges wins!

I will host this first competition and may host further competitions after this if i have time and money.
I hope that this will become one of our traditions in nxt and i hope one day we will have someone able to forge something with a single nxt in their balance!

REWARDS:1000nxt+Donations ( Donations to 1102421650298945743 )
Time: Competition starts after Block 59500, Expires after 20,000 blocks @ 79,500 and winner will be announced.

All entries shall be submitted in here: https://forums.nxtcrypto.org/viewtopic.php?f=2&t=744
Any entries elsewhere will not be counted.

I am promoting forums.nxtcrypto.org and promoting nxt forging. I am just a random person, i just thought people wanted to move from btt to forums.nxtcrypto.org.
For more infos please visit https://forums.nxtcrypto.org/viewtopic.php?f=2&t=744

[xyzzyx]

Can anyone explain how i send nxt to solaris wallet??

Never used it myself so I can't help.

Try asking here:
https://forums.nxtcrypto.org/viewtopic.php?f=46&t=519

[xyzzyx]

I would love to review his ideas.  I just don't know what they are.

Start with Transparent mining, or What makes Nxt a 2nd generation currency and extend it or find flaws and fix them.

Thanks.  Will have to ruminate over that thread.  I've read it before but it is very information-dense.

[bitcoinpaul]

Not only general idea. I leaked a lot of hints, use them.

Perhaps we aren't all as keen on the puzzles (generally I am - but perhaps like some others am just getting "tired" trying to keep up with this topic).

Personally I think that 100 TPS, a max. size limited blockchain and being able to do atomic cross-chain transfers (i.e. a trust-less P2P crypto-currency market) would be about the most relevant features to differentiate against other competitors.

High TPS, not bloated chain and decentralized crypto exchange would be huge.

If anyone didn't read it yet, please go here: https://bitcointalk.org/index.php?topic=345619.msg4959522#msg4959522

[Mistafreeze]

More fun updates on my installer...a picture say it all:



It now checks the SHA-256 of the Nxt-Client-0-x-x.zip file BEFORE it is extracted and installed. If it fails, setup is forced to exit.

Still have some work to do, but the proof of concept is there and working.

 

awesome, is it ready link?

Nope, not yet. I was hoping to have it tested enough to use for 0.6.0, but that didn't happen. Soon.

[jkoil]

Hello fellow nxters! and nxters soon to be!

Proudly Presenting you: A Nxt Forging Competition, where the lowest amount of balance that a person forges wins!

I will host this first competition and may host further competitions after this if i have time and money.
I hope that this will become one of our traditions in nxt and i hope one day we will have someone able to forge something with a single nxt in their balance!

well, that would happen, if the reward is higher. 
Then everyone would forge with accounts, which have only 1 NXT.
THEN everyone has equal opportunity to generate the next block (btw, what would the client show in that case: "You can generate the next block in x hours y minutes...)

[okaynow]

Can anyone explain how i send nxt to solaris wallet??

You cant use the Solaris client to send or receive right now, its still in beta.

As of now, you can't send NXT, register aliases or anything else that requires your account secret. As such, you will currently not be asked for your secret in the NXT Solaris client

https://nextcoin.org/index.php?topic=2793.0
http://nxtsolaris.wordpress.com/

[lucky88888]

Hello fellow nxters! and nxters soon to be!

Proudly Presenting you: A Nxt Forging Competition, where the lowest amount of balance that a person forges wins!

I will host this first competition and may host further competitions after this if i have time and money.
I hope that this will become one of our traditions in nxt and i hope one day we will have someone able to forge something with a single nxt in their balance!

well, that would happen, if the reward is higher. 
Then everyone would forge with accounts, which have only 1 NXT.
THEN everyone has equal opportunity to generate the next block (btw, what would the client show in that case: "You can generate the next block in x hours y minutes...)

You can win even if you have 100,000nxt and forged something and end up with no one else having a lower balance. All those that are already forging will feel better since they are automatically entitled to this competition if they post up their evidence of forged block in my thread over nxtcrypto.org.

[jl777]

James, CfB, etc --

Has there been any decision on the low-level VM language?

I posted instruction set 10-20 pages ago.

Found it. Thanks.

https://bitcointalk.org/index.php?topic=345619.msg4959340#msg4959340

James, how does this affect the status of your VM bounty?

It seems to obsolete it
I think zahlen was the only one who spent time on it
If it is ok with him, i would like to authorize 500 nxt for his troubles
Then i need to totally update what low level bounty is for, as i doubt there is c compiler for CfB's opcodes
I was thinking that a large set of tested subroutines would be a useful community resource
Of course if someone has experience with clang code generators and wants to, i could offer bounty for clang that outputs CfB opcodes

We need some basics tools, maybe macro assembler, simple linker, library creator, etc
Nothing too fancy, just tools that will save eveybody time to develop scripts

I also would like to see ideas on what sort of scripts people think are useful
I want cross chain scripts...
Especially cross chain scripts that somehow works in conjunction with AE
I hope someone will figure out how to make it work

James

[xyzzyx]

Sorry if this is extremely noobie, but I recently bought some NXT to test with and have had my client open for about two days to see how the forging process works..it is now showing "You can generate the next block in 6092 days....." !!

Is this because I only have a few hundred NXT? Will I see ANY new NXT in my account before then?

In Bitcoin/PoW mining, the likelyhood of mining a block is proportional to how many hashes/sec. your miner can do.  The more powerful your miner, the more likely you'll generate a block.  The difficulty in generating a Bitcoin block is very high, and a miner going alone has a very small chance of generating a block.

Instead, most Bitcoin miners choose to join a mining pool.  They all pool their hashing power so it is more likely for someone in that group to generate a block vs. someone going alone.  In return, everyone in the pool gets some income from finding a block together.

Think of each NXT as a PoW miner simulator with each NXT having the same PoW power.

There are NXT forging/mining pools forming now.

At the moment you have to send actual NXT to a forging pool in order to participate, and that's currently a bit like having to send your Bitcoin rig to someone else in order to mine blocks.

Soon it will be possible to safely lease your forging power to a pool without having to send any NXT.

It is up to you if you wish to join a forging pool now, or to wait a bit until you can lease your forging power.

[podyx]

Can anyone explain how i send nxt to solaris wallet??

You cant use the Solaris client to send or receive right now, its still in beta.

As of now, you can't send NXT, register aliases or anything else that requires your account secret. As such, you will currently not be asked for your secret in the NXT Solaris client

https://nextcoin.org/index.php?topic=2793.0
http://nxtsolaris.wordpress.com/

Ok, so where can i get a good and simple nxt wallet?? aren't there any yet?

[gimre]

Quite boring day, let's play a game!

In 1000 blocks I'll disclose the critical bug info. If the network doesn't upgrade till that... well, at least we'll have some fun.

Current block is

Code:

59427		10006970057300228034		6.2.2014 13:13:28	
0		0 + 0		0 B	
2		1386255593342569532		821 %

PS: There is another way to keep my mouth shut - stop forging before 1000th block comes.

Can't you disclose it at block 58294 + 1441 = 59 735 ?

Also, info for others: bug was reported, by the breaker of genesis block pass:
https://nextcoin.org/index.php/topic,3733.msg36340.html#msg36340

[xyzzyx]

Then i need to totally update what low level bounty is for, as i doubt there is c compiler for CfB's opcodes

Once his VM is finalized, an assembler should be written.  From there, retargeting a Small C compiler to the assembler should not be too hard -- depending on how feature rich CfB wants to make his VM.

At this point, registers and a stack pointer will have to be simulated by a VM assembly library.

[jl777]

Then i need to totally update what low level bounty is for, as i doubt there is c compiler for CfB's opcodes

Once his VM is finalized, an assembler should be written.  From there, retargeting a Small C compiler to the assembler should not be too hard -- depending on how feature rich CfB wants to make his VM.

At this point, registers and a stack pointer will have to be simulated by a VM assembly library.

Makes sense

[jkoil]

You can win even if you have 100,000nxt and forged something and end up with no one else having a lower balance. All those that are already forging will feel better since they are automatically entitled to this competition if they post up their evidence of forged block in my thread over nxtcrypto.org.

yes, ..but if the reward would be *so high* that every big account owner thinks to give up the "daily incomes" and decides to seriously aim to the win of the competition

Is it possible to find out which accounts are forging... and then find out their balances ... ?

I guess the competition's 'current record' can be found out and that may cause some transactions out from the accounts:)

[okaynow]

Ok, so where can i get a good and simple nxt wallet?? aren't there any yet?

There is NO wallet. Your password IS your account. Make sure you have a strong enough password.
There are a couple of clients like solaris in betas, when finished they will be announced by the devs.

[gimre]

M = M >>> M

What's that?

Signed shift.

@ M (this is an unconditional jump)

Should be
@ C
Don't like self-changing code.

It's necessary to create subroutines.

I hope you want code and data to be separated....
(ChuckOne's right, SMC would be bad...)

[abuelau]

Ok, so where can i get a good and simple nxt wallet?? aren't there any yet?

There is NO wallet. Your password IS your account. Make sure you have a strong enough password.
There are a couple of clients like solaris in betas, when finished they will be announced by the devs.

This actually makes me happy that I am developing the online wallet.