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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2760135 times)
punkrock
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February 18, 2014, 07:16:20 PM
 #35081

>>>>>>>>>>>>>>> PLEASE VOTE! <<<<<<<<<<<<<<<

Unregistered users are allowed up to 3 votes per hour, whilst registered users are allowed 6 votes per hour!

Please quote me, share on Twitter, Facebook, Reddit... thanks!
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February 18, 2014, 07:17:08 PM
 #35082

Payment Processor Information

As some of you already know if you read Nikel's reports, I've been talking to the guys from ZipZap and GoCoin quite a bit for Peercoin for a month prior to the conference and then spoke to both parties (Nikel lead) at the Miami conference about Nxt.  This is important, I can move this conversation forward.

I need someone willing to put the following data together (this is what we did for Peer). We need to show trends, interest and liquidity. Who is willing to work with me on it? I CAN get in front of the GoCoin board and pitch Nxt. See examples below on what we presented Zipzap and GoCoin:

1. Exchanges

We're listed on all the major alt exchanges listed here:

http://www.peercointalk.org/index.php?topic=127.0


The bulk of our liquidity happens at BTC-e. We currently have 3.8 million dollars worth of buy orders for PPC/USD and 127,000 PPC worth of sell orders.


2. Additional Numbers

I've asked our team to put together some numbers:


A. Peercoin 6-month Transaction Volume on BTC-e (PPC/BTC Trading Pair)

https://i.imgur.com/a4InuOk.png


B. Peercoin 6-month Transaction Volume on the rest of the top 5 exchanges (Cryptsy, BTER, Vircurex, and Vault of Satoshi, with VoS conservatively assumed to be 5000 PPC per day since Sept 1)

https://i.imgur.com/VDFVLDu.png


C. Peercoin 1-month Transaction Volume on BTC-e (PPC/USD Trading Pair)

https://i.imgur.com/NnvNpda.png


D. Number of unique transactions per day

http://bitinfocharts.com/comparison/transactions-ppc.html


E. Value of Peercoin being transacted per day

http://bitinfocharts.com/comparison/sentinusd-ppc.html


================

Who is willing to step up?


Thanks!

Saw this yesterday evening and had a think about it and my take is that this is too soon.
At this moment we haven't even gotten a simple payment system going.
This means we also don't have much movement in Nxt and people don't recognise it as a payment option, but mainly as an investment opportunity.
I'm not against this per se, but if I would put myself in their shoes, for now I'd say we have little to offer and much to lose ourselves.

It's true that moving towards a payment system is needed (hey, I'm working on it! I admit Smiley ), but at the moment it doesn't seem like a good idea to move in with these profs yet.

I'd feel much more comfortable running the payments for the coming months via our own systems. That way we can build attention for it and get it more accepted. In six months, this seems to be something that would be viable. If that is a conservative guess, that's great.

It's a fact that not many people have big quantities of Nxt. 200-500 seems average for most smaller accounts, if I look at the forums, and outside this thread. To buy anything of reasonable value (say a promotional T-shirt at this moment) would probably take about that or a substantial part of it. I know that I wouldn't buy if it meant cleaning out my wallet.

If anything, it would draw attention to the fact that 200 Nxt isn't actually worth all that much at the moment.

So, in this case, I would advise to wait for a bit, even if théy are eager. If all goes well, they will still be eager in a month or two. Smiley

2 Nxt.

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
Join Nxt Slack! https://nxtchat.herokuapp.com/
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February 18, 2014, 07:26:31 PM
 #35083

Who want some TestNxt ?

14150851297671723944, please
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February 18, 2014, 07:30:22 PM
 #35084

Who want some TestNxt ?

14150851297671723944, please

just sent you 800 - pls drop me a line if they arrive! I only have 5900 myself, oy vey, I am so poor in testnet myself ...

TX:
2126487817680181107
TX_BYTECODE:
00005aca71000a005f7605dfd9ddba1c7843add87f2afc0b9edb1776ad9ae7c9cce18013fa89247 1a83b19e347ec61c420030000010000000000000000000000338b03e044e16e64774f7566ba154b b1d92a0a73d1fb40fb7cae4a1b5609a3061437957b3ab48ea6bc1ec011a5e5691811c185c5c67d8 d69e9a8cb465d86e6cb
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February 18, 2014, 07:41:35 PM
 #35085

Who want some TestNxt ?

14150851297671723944, please

just sent you 800 - pls drop me a line if they arrive! I only have 5900 myself, oy vey, I am so poor in testnet myself ...

TX:
2126487817680181107
TX_BYTECODE:
00005aca71000a005f7605dfd9ddba1c7843add87f2afc0b9edb1776ad9ae7c9cce18013fa89247 1a83b19e347ec61c420030000010000000000000000000000338b03e044e16e64774f7566ba154b b1d92a0a73d1fb40fb7cae4a1b5609a3061437957b3ab48ea6bc1ec011a5e5691811c185c5c67d8 d69e9a8cb465d86e6cb


they will be available via http://nxtra.org/nxt-client/, am i right?
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February 18, 2014, 07:44:53 PM
 #35086

Who want some TestNxt ?

14150851297671723944, please

just sent you 800 - pls drop me a line if they arrive! I only have 5900 myself, oy vey, I am so poor in testnet myself ...

TX:
2126487817680181107
TX_BYTECODE:
00005aca71000a005f7605dfd9ddba1c7843add87f2afc0b9edb1776ad9ae7c9cce18013fa89247 1a83b19e347ec61c420030000010000000000000000000000338b03e044e16e64774f7566ba154b b1d92a0a73d1fb40fb7cae4a1b5609a3061437957b3ab48ea6bc1ec011a5e5691811c185c5c67d8 d69e9a8cb465d86e6cb


they will be available via http://nxtra.org/nxt-client/, am i right?

well .. I hope so - they should be. Doesn't matter which client you use ...

Strangely enough - the TX seems not yet known in the tesnet - altghough the balance has been deduced from the account ..

errorDescription - Unknown transaction
errorCode - 5

apparently the TX did NOT go out ... let me try again
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February 18, 2014, 07:47:39 PM
 #35087

Interested?

Quote
The transaction can become immediately valid by using MaidAccount, as authorization is already completed. This avoids the delay that Bitcoin users currently experience with the block chain, where it takes the Bitcoin network 60 minutes to confirm transactions. In addition, the MaidSafe network provides a further advantage of not leaving any trace of any transactions, ensuring user identities cannot be traced.

http://blog.maidsafe.net/2014/02/18/token-on-maidsafe-network/

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February 18, 2014, 07:48:42 PM
 #35088

Who want some TestNxt ?

Please send me also some:

13022291064792996760

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February 18, 2014, 07:53:24 PM
 #35089

The Nxt MaidSafe network is a fully distributed platform on which application developers can build distributed applications. The network is made up by individual users who contribute storage, computing power and bandwidth to what is a global, public cloud.

Through cutting edge end-to-end encryption and obscuring where data is located, Nxt MaidSafe offers currently unseen levels of security for all types of data. The platform is also autonomous, resistant to viruses and requires no human intervention of any kind.

Calling Decentralised Application Developers

How would you like to create the next Dropbox, Facebook, Google, LinkedIn, Twitter, Candy Crush, or secure email service?

The Nxt MaidSafe platform offers every developer the opportunity to create applications without any infrastructure costs and without any barrier to entry.

 Lips sealed


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February 18, 2014, 09:15:36 PM
 #35090

well idk anything about graph theory but yes the length of the chains is irrelevant.

Okay, so now we have:

Consensus in NXT is found by looking for the branch that demonstrates the greatest stake participation without claiming to be from the future.

This is achieved by summing up the targets on each branch and the branch with the smallest total is the correct one.

Got it right?

No. U sum 1/target and want to get the highest value.

there we go cfb. thanks that clarifies what i was going to ask you about. thanks as usual.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 18, 2014, 09:28:58 PM
 #35091


 Grin

this guy is awesome Smiley

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February 18, 2014, 09:30:46 PM
 #35092

jefdiesel,  jl777, Anon136, joefox, l8orre, Allwelder, Uniqueorn, VanBreuk, EvilDave, salsacz, opticalcarrier, msin and all the others who are still not in the list... Please consider it!

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February 18, 2014, 09:35:28 PM
 #35093

[TEST RELEASE OF NODECOIN MINER]

what happens if more that 1 accounts try to run on the same box?
I have no checks in there to prevent that, I would think that you will generate nodecoins from each instance. The way it is setup now, it doesnt matter as nobody gets these nodecoins until they bid for them. Once I do some serverside error checks, I could limit to once instance per computer. Just need a way to get a unique ID.

Now the source for nodeminer is only 500 lines, server side is about 1000 lines of code. I am pretty sure this is a record low number of lines for a coin. However there are no protections built in at all. Anybody can spoof it, that is why I didnt bother with tracking which accts are creating the nodecoins. Since all it takes is to let your acct forge NXT, there isnt much incentive to cheat. Once I create some CPU calculations needed for PoW, that should take care of most spoofing.

This whole process of using NXT for nodecoin is helping with the automated gateway design. Of course, for NXTcoins there is no need at all for any gateways, since they are creating within NXT. crypto people are comfortable with altcoins and mining, so I am leveraging that to convert them into NXT'ers. At the same time, I am coming up with ways to utilize the massive mining resource to do useful calculations. By useful, I mean financially valuable.

I only see a few people running nodeminer, someone's going to collect the 1000NXT bounty without much effort

James

P.S. I must be doing something right if emule is complaining about me Smiley

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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February 18, 2014, 09:44:01 PM
 #35094

are any of the devs here working on off-chain transactions??
I am designing an interim solution for this, but I still need to either get a developer (I can pay NXT!) or come up to speed myself on doing multisig stuff

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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February 18, 2014, 09:55:20 PM
 #35095

Unregistered users = 3 votes per hour!

>>>>>>>>>>>>>>> PLEASE VOTE! <<<<<<<<<<<<<<<

Registered users = 6 votes per hour!


Please quote me, share on Twitter, Facebook, Reddit... thanks!
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February 18, 2014, 09:59:44 PM
 #35096

Hello, I have been running my VPS for more than 3 weeks now without earning any nxt !.  Undecided
I do have some nxt in my account and have aroud 600 unconfirmed transaction!!

what do I have to do ?

thank for your help in advance

Wesh; seeing as everyone else is ignoring ya, heres some help:
The reason u r seeing 600 unconfirmed transactions is that u are currently on a fork of the blockchain. This is not good...
Look at my last block:

69664      4747512364439223888      dinsdag 18 februari 2014 22:50:06   
      
      1      49 + 1      128 B   
      
      2      12965468926053797053      70 %   
   


If none of that matches with what u r seeing, shut down NRS, delete everything and re-install. U need to be running version 7.4 or 7.5, available from the first page of this thread.
Install, run, let the blockchain update and then u can log back in to start forging.
Hate to tell u, but u will need to have at the very least 10,000 NXT (preferably a lot more) to see any forging income at all.

Nulli Dei, nulli Reges, solum NXT
Love your money: www.nxt.org  www.ardorplatform.org
www.nxter.org  www.nxtfoundation.org
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February 18, 2014, 10:13:14 PM
 #35097

I only see a few people running nodeminer, someone's going to collect the 1000NXT bounty without much effort

James

P.S. I must be doing something right if emule is complaining about me Smiley

Maybe someone can explain this. In terminal, I see I've collected

Total unclaimed nodecoins 5289.0

But in AE under my assets (Wesley's client), I only have 51 listed. Is this a client bug, or is the asset issued at a fixed time every day?
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February 18, 2014, 10:17:53 PM
 #35098

Guys, please help. I think there are more people having the same problem here.

After cleaning the database (nxt_db) for the third time (each time, the client shut down for no reason, nothing in the nxt log, and had to be boot up three times before finally reached and downloaded the last blocks), I still have encountered the same error/debug message:
Code:
[2014-02-18 16:37:50.365] DEBUG: Failed to accept block 12287095647751898123 at height 69655 received from panda.nxtbase.com, blacklisting
[2014-02-18 16:37:51.932] DEBUG: Failed to accept block 12287095647751898123 at height 69655 received from panda.nxtbase.com, blacklisting
[2014-02-18 16:37:53.667] DEBUG: Failed to accept block 12287095647751898123 at height 69655 received from panda.nxtbase.com, blacklisting

What's going on? does this mean that I am most likely to be on a fork? how to prevent this?
and what the heck is panda.nxtbase.com doing? have seen more people received 'faulty' blocks from this very node.
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February 18, 2014, 10:18:19 PM
 #35099

Unclaimed coins funds and committees...

Community,

Please apply for one of the committees created.

https://docs.google.com/spreadsheet/ccc?key=0AsrKGhOkVcFpdFRFeHNUdWx3Qy1nTjBPLUFNWUJKQkE&usp=sharing#gid=0

If there are more candidates than places we shall vote for the members.

Everyone has  to present his project before the projectboard (members of all committees) they will do a triage of projects and assign each project to the correct committee.

You find the projectboard here:
https://forums.nxtcrypto.org/viewtopic.php?f=54&t=809

Three committees will be created:

NXTinfrastructurefund (more hardware related, VPS, clients)
Discussing the projects assigned to this committee will be held here:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806


NXTmarketingfund
Discussing the projects assigned to this committee will be held here:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807


NXTtechfund (more code related)
Discussing the projects assigned to this committee will be held here:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=808

Mean time we will moving away from BTT and use the official decentralized forum https://forums.nxtcrypto.org/

Remarks and suggestion welcome

Pin

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February 18, 2014, 10:19:01 PM
 #35100

BUY VOTES FOR NXT!

1 VOTE = 0,00005 BTC
1 BTC = 20,000 VOTES FOR NXT

Website: https://www.mintpal.com/voting
How to? Send any BTC to 1KB2AWLpKByBifkyQLJERhZi4jVDGWMA4n

Each 0.00005000 BTC received will count for 1 vote. All payment votes will be publicly visible, as you can see by clicking here.

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