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zorke
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February 19, 2014, 08:50:16 PM |
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QUICK UPDATEAtomic-Trade will be adding Nxt. I'm paying for integration with my own funds since AT agreed to add USD/Nxt trade abilities. This will allow any users to buy Nxt with USD directly. Currently AT only offers USD/BTC trading, so we will have an advantage over other alts on the exchange. Also, when I get home this evening, expect Nxt to lead the voting in Mintpal  WoW MSIN, Thanks a lot! This is a really great community! So excited! |
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bezbezbez
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February 19, 2014, 09:10:21 PM |
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In the novel, augmented reality is dominant, with humans interacting with virtual overlays of reality almost all of the time. This is accomplished by wearing smart clothing providing gesture recognition and contact lenses that can overlay and replace what the eye would normally see with computer graphics, using advanced virtual retinal display (VRD) technology. In addition, haptic feedback is possible by overlaying graphics onto a physical machine such as a robot  |
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gvans
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February 19, 2014, 09:20:50 PM
Last edit: February 19, 2014, 09:40:03 PM by gvans |
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Say whaaat!  nxt monolith prototype is here    More pics https://www.dropbox.com/sh/dgtssbde40wx4dt/x59vAKeILeThis was actually quite a bit of work. I had to polish the outer edges by hand with several grades of wet sandpaper and do the final touch with polishing paste. I also carved the outer edges of the logo to smooth the edges. 20mm acrylic seems to be a tough material even for a high power laser-cutter so it has to be finalised by hand. Which actually gives it more value imo, handmade in Finland  This is very first prototype and it came out rather nice. I would be very willing to post this prototype anywhere to be used as promotional material in bitcoin-conferences and other pr-events. If there was some spare nxt in marketing funds I'm up for it. See the original monolith post, more monoliths to come. https://bitcointalk.org/index.php?topic=345619.msg5067143#msg5067143 |
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ChuckOne
Sr. Member
 Offline
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
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February 19, 2014, 09:24:50 PM |
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Say whaaat! nxt monolith prototype is here More pics https://www.dropbox.com/sh/dgtssbde40wx4dt/x59vAKeILeThis was actually quite a bit of work. I had to polish the outer edges by hand with several grades of wet sandpaper and do the final touch with polishing paste. I also carved the outer edges of the logo to smooth the edges. 20mm acrylic seems to be a tough material even for a high power laser-cutter so it has to be finalised by hand. Which actually gives it more value imo, handmade in Finland So this is very first prototype and it came out rather nice. I would be very willing to post this prototype anywhere for the guys/ladies taking part to bitcoin-conferences and other pr-events. So if there is a spare nxt in marketing funds I'm up for it. See the original monolith post, more monoliths to come. https://bitcointalk.org/index.php?topic=345619.msg5067143#msg5067143Holy crap! That is cool. So awesome that it should be made illegal. |
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rickyjames
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February 19, 2014, 09:26:05 PM
Last edit: February 19, 2014, 09:54:24 PM by rickyjames |
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I have some marketing text I've written I would appreciate your comments on. In particular, please point out any errors. I am considering distributing this at Texas Bitcoin Conference. If you see a part of it you want to comment on, PLEASE edit down to just the section you want to discuss. The last thing I want to do is create slab walls of full quote text here for the next 20 pages...
NXT Vs. Bitcoin
Brainwallet Accessability
Bitcoin requires storing a digital file (the “wallet”) for use on only one computer. NXT allows knowing a short, ultrastrong password (35+ truly random characters) to access NXT funds from anywhere on Earth.
Network Simplicity
The Bitcoin network requires competitive Proof-of Work (PoW) GHash/sec mining using hi-cost, hi-energy, custom ASIC nodes. The NXT network uses cooperative Proof-of-Stake (PoS) transparent forging between $35, 4W commodity Raspberry Pi nodes.
Transaction Rapidity
Bitcoin takes 10+ minutes per block for a max throughput of 7 transactions per second (TPS), currently using a 16GB (and growing) blockchain. NXT currently takes 1 minute per block, with improvements in block timing speedup and routine chain pruning expected to support an eventual 1000 TPS.
True Anonymity
Bitcoin transactions between wallets are recorded forever on its blockchain. NXT achieves true transaction anonymity via the no-trust-needed zerocoin (testing now) / zerocash (coming soon) protocol developed at John Hopkins University.
Active Community
5000+ NXTers from 50+ countries are united in a vibrant online community. We don’t just talk, we act. We’re growing. Come join us!
NXT First 100 Days – WOW!
NXT’s genesis block was cast Nov 28, 2013. Only 100 days later, by early March 2014, NXT has shown it’s more than “just a coin”. A 2nd generation cryptocurrency written from the ground up in new Java code, NXT has rolled out numerous financial service capabilities that will revolutionize the crypto world – and more are coming! As an alternative to long, complex transfer addresses, NXT offers a text “alias” registration system on its blockchain with over 60,000 registered in its first 100 days. NXT has demonstrated a push-button interface for new altcoin creation atop its blockchain that allows ANYONE to create their own new coins, not just a limited programmer priesthood. Most significantly, NXT has a parallel testnet CURRENTLY TESTING crypto-signed peer-to-peer asset transfer and blockchain streaming asset quotes. This unique capability offers an alternative to existing exchanges. Don’t wait on next year’s teenaged ethereal dreams - join us on NXT Exchange TODAY!
Speaking of exchanges: almost a billion NXT has changed hands on numerous exchanges such as Dgex.com or Bter.com. And Cryptsy is coming! On Feb 8 Let’s Talk Bitcoin #82 at 13:30, “Big Vern” of Cryptsy commented: "[NXT] is not a cookie cutter coin…technical implementation [at Crypsy] is going to take a little more time...it's popular…it’s fair…I feel comfortable with [NXT].”
The NXT Bottom Line
1,000,000,000 genesis block NXT were distributed to 73 founders who responded with a Bitcoin or less to a Bitcointalk [ANN] investment thread that was public and open for six weeks. You could have been founder 74. Now, with NXT only 100 days old, early mass distribution of “coins” from founders to users is still underway at exchanges like Dgex and Bter. At this writing, NXT costs under 0.1 mBTC each. Upcoming events which may drive that price higher include release of full open source code on April 4, inclusion of NXT on Cryptsy, announcement of new features, and an ongoing major advertising push by our Chinese members.
NXT doesn’t mine new coins – it forges (recycles) old ones. NXT node operators (forgers, in the blacksmith sense of the term) use cheap CPU computers to receive transaction fees imbedded in any blocks they create and add to the NXT blockchain. As a 100% Proof of Stake coin, forgers are selected to forge new blocks in proportion to the total NXT “coins” (or “stake”) they already own. This results in a small return on investment proportional to your current holdings– like bank savings account interest.
NXT is not a mined, Bitcoin-based price-pop altcoin of the week. NXT is creating a new financial ecosystem for use in coming years, based on cheap nodes for the common good.
NXT Is Green
Ecological? Financial? BOTH !!!
Bitcoin depends on a small mining node network fighting for their cut of 3600 newly minted Bitcoins per day. The available daily operating budget to keep Bitcoin from freezing up is thus $3.6M or less (at $1K/BTC or under) to generate the current 25 million GHash/s needed daily. A representative miner “pickaxe” is a Butterfly Labs Monarch costing $2000 and using 350W of power to produce 600 GHash/sec. The current Bitcoin mining network has sunk unit infrastructure costs of at least $83 million and (at $0.10/KwH) ongoing electricity costs of at least $35,000 per day.
Both costs are rising faster and faster. Exponential growth of Bitcoin’s hashrate (see blockchain.info/charts/hashrate) means mining rigs and energy use will skyrocket out of control, sooner rather than later. Bitcoin and clones like Doge are by their very nature destined to fail.
NXT solves this problem sustainably. By using cooperative transparent forging, not competitive gigahash mining, NXT does not have an exponential forcing function at its core that drives its costs and energy consumption ever higher. A NXT blockchain support network of 1000 Odroid U3 nodes has a one-time unit infrastructure cost of only $60 thousand and uses only $48 per day in electricity – forever.
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pinarello
Full Member
Offline
Activity: 266
Merit: 100
NXT is the future
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February 19, 2014, 09:31:56 PM |
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Jean-Luc
Please finally confirm, that messages "DEBUG: Block XXXXXXXXXXXXXXXXXXX not accepted. Previous block id doesn't match" are not a problem. I get these messages on 90% blocks of blockchain on my Android TV stick public node. Nobody explained what does it mean and I don't want be a problem on the whole network with my public node.
he already did please read his posts |
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pinarello
Full Member
Offline
Activity: 266
Merit: 100
NXT is the future
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February 19, 2014, 09:35:59 PM |
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Jean-Luc
Please finally confirm, that messages "DEBUG: Block XXXXXXXXXXXXXXXXXXX not accepted. Previous block id doesn't match" are not a problem. I get these messages on 90% blocks of blockchain on my Android TV stick public node. Nobody explained what does it mean and I don't want be a problem on the whole network with my public node.
Same for me with 0.7.6 and a fresh new blockchain download. Me too. I copied previous files to the new version, but still a fresh download. J-L already stated you can ignore these messages. |
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cc001
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February 19, 2014, 09:38:27 PM |
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At this writing, NXT costs under 0.1 satoshi each.
should be "under 10000 satoshi", right? And you could mention the "solved" 51%-attack-problem, by POS-coins in general and especially with NXT and TF |
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Damelon
Legendary
Offline
Activity: 1092
Merit: 1010
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February 19, 2014, 09:40:12 PM |
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Say whaaat! nxt monolith prototype is here More pics https://www.dropbox.com/sh/dgtssbde40wx4dt/x59vAKeILeThis was actually quite a bit of work. I had to polish the outer edges by hand with several grades of wet sandpaper and do the final touch with polishing paste. I also carved the outer edges of the logo to smooth the edges. 20mm acrylic seems to be a tough material even for a high power laser-cutter so it has to be finalised by hand. Which actually gives it more value imo, handmade in Finland So this is very first prototype and it came out rather nice. I would be very willing to post this prototype anywhere for the guys/ladies taking part to bitcoin-conferences and other pr-events. So if there is a spare nxt in marketing funds I'm up for it. See the original monolith post, more monoliths to come. https://bitcointalk.org/index.php?topic=345619.msg5067143#msg5067143Holy crap! That is cool. So awesome that it should be made illegal. Any idea how much a Genesis or DarkNXT 'lith will cost? I am SO tempted!  |
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mikesbmw
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February 19, 2014, 09:40:31 PM |
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Jean-Luc
Please finally confirm, that messages "DEBUG: Block XXXXXXXXXXXXXXXXXXX not accepted. Previous block id doesn't match" are not a problem. I get these messages on 90% blocks of blockchain on my Android TV stick public node. Nobody explained what does it mean and I don't want be a problem on the whole network with my public node.
Same for me with 0.7.6 and a fresh new blockchain download. Me too. I copied previous files to the new version, but still a fresh download. J-L already stated you can ignore these messages. Yeah, sorry, forgot to mention that...  I was just saying I was seeing the same again . |
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TwinWinNerD
Legendary
Offline
Activity: 1680
Merit: 1001
CEO Bitpanda.com
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February 19, 2014, 09:41:42 PM |
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bittrex-bill Trader 1 point 6 minutes ago (1|0) Wow. thanks for the feedback guys. Keep it coming. NXT is on our list but with so many coins out there, I wanted to double check.  Having strong community support is one of our guidelines for coin inclusion and NXT has that. We did it We are going to be on Bittrex soon! |
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Jean-Luc
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February 19, 2014, 09:42:50 PM |
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@JL
You told us that in case of an invalid alias transaction, you need to rollback and rescan the complete blockchain again. Couldn't it be possible to force that rescan over and over again?
No, I didn't say that. An invalid alias transaction will never make it into the blockchain in the first place. When a block is popped off, if it happened to contain a (necessarily valid) alias assignment transaction, this requires a blockchain scan. The block pop-off has nothing to do with the alias transaction in it, and cannot be forced by an invalid transaction. |
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Jean-Luc
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February 19, 2014, 09:46:12 PM |
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Jean-Luc
Please finally confirm, that messages "DEBUG: Block XXXXXXXXXXXXXXXXXXX not accepted. Previous block id doesn't match" are not a problem. I get these messages on 90% blocks of blockchain on my Android TV stick public node. Nobody explained what does it mean and I don't want be a problem on the whole network with my public node.
If you check the block id and the latest blocks in your client, you will almost always see that this same block was actually accepted. Especially when you are running a public node, when a new block appears on the network many of your peers will submit it to you at the same time. Obviously, only one of those submissions gets included in the blockchain, and just after that happens for all the others the previous block id is no longer the same, so they get rejected. |
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rickyjames
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February 19, 2014, 09:47:04 PM |
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At this writing, NXT costs under 0.1 satoshi each.
should be "under 10000 satoshi", right? And you could mention the "solved" 51%-attack-problem, by POS-coins in general and especially with NXT and TF Thank you. I confused mBTC and satoshi. And good point about 51% attack, that is definitely another meme to put in there. |
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bitcoinpaul
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February 19, 2014, 09:48:36 PM |
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NXT Vs. Bitcoin
Brainwallet Accessability
Bitcoin requires storing a large digital file (the “wallet”) for use on only one computer. NXT allows knowing a short, ultrastrong password (35+ truly random characters) to access NXT funds from anywhere on Earth.
Properly speaking, Bitcoin doesn't require storing a large digital file. This is the wallet implementation, but not the bitcoin protocol. Nxt Protocol has no wallet, but who knows what the client devs will do with it in the future. Active Community
5000+ NXTers from 50+ countries are united in a vibrant online community. We don’t just talk, we act. We’re growing. Come join us!
This is so true! NXT First 100 Days – WOW!
So much wow |
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Jean-Luc
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February 19, 2014, 09:49:16 PM |
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Maybe I should just disable debug logging by default, it only makes people think something is wrong. The intention was to make it easier to follow what is going on with the block and transaction processing, in the cases where something does go wrong.
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martismartis
Legendary
Offline
Activity: 1162
Merit: 1005
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February 19, 2014, 09:49:30 PM |
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Jean-Luc
Please finally confirm, that messages "DEBUG: Block XXXXXXXXXXXXXXXXXXX not accepted. Previous block id doesn't match" are not a problem. I get these messages on 90% blocks of blockchain on my Android TV stick public node. Nobody explained what does it mean and I don't want be a problem on the whole network with my public node.
If you check the block id and the latest blocks in your client, you will almost always see that this same block was actually accepted. Especially when you are running a public node, when a new block appears on the network many of your peers will submit it to you at the same time. Obviously, only one of those submissions gets included in the blockchain, and just after that happens for all the others the previous block id is no longer the same, so they get rejected. OK, thank you for explanation for simple Joe. Now I can go to sleep and leave my node running |
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martismartis
Legendary
Offline
Activity: 1162
Merit: 1005
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February 19, 2014, 09:51:29 PM |
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Maybe I should just disable debug logging by default, it only makes people think something is wrong. The intention was to make it easier to follow what is going on with the block and transaction processing, in the cases where something does go wrong.
Leave it, just simple Joe wants to know, that everything is OK with these messages. |
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^[GS]^
Member
Offline
Activity: 112
Merit: 10
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February 19, 2014, 09:57:07 PM |
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0.7.6 debugs... [2014-02-19 17:28:39.840] NRS 0.7.6 starting...
[2014-02-19 17:28:39.841] DEBUG logging enabled
[2014-02-19 17:28:39.841] logging of exception stack traces enabled
[2014-02-19 17:28:39.841] ........
[2014-02-19 17:28:40.383] DEBUG: Database cache size set to 237568 kB
[2014-02-19 17:28:40.807] Database is at level 15
[2014-02-19 17:28:40.809] Updated database is at level 15
[2014-02-19 17:28:40.819] Scanning blockchain...
[2014-02-19 17:28:42.007] DEBUG: block 0
[2014-02-19 17:28:42.922] DEBUG: block 5000
[2014-02-19 17:28:43.678] DEBUG: block 10000
[2014-02-19 17:28:44.097] DEBUG: block 15000
[2014-02-19 17:28:44.593] DEBUG: block 20000
[2014-02-19 17:28:48.421] DEBUG: block 25000
[2014-02-19 17:28:49.910] DEBUG: block 30000
[2014-02-19 17:28:51.258] DEBUG: block 35000
[2014-02-19 17:28:52.525] DEBUG: block 40000
[2014-02-19 17:28:53.694] DEBUG: block 45000
[2014-02-19 17:28:54.623] DEBUG: block 50000
[2014-02-19 17:28:55.214] DEBUG: block 55000
[2014-02-19 17:28:55.701] DEBUG: block 60000
[2014-02-19 17:28:56.142] DEBUG: block 65000
[2014-02-19 17:28:56.637] DEBUG: block 70000
[2014-02-19 17:28:56.681] ...Done
[2014-02-19 17:28:56.684] NRS 0.7.6 started successfully.
[2014-02-19 17:33:54.964] DEBUG: Block 1751335814936283531 not accepted: Previous block id doesn't match
[2014-02-19 17:42:28.250] DEBUG: Block 2649705403541714306 not accepted: Invalid timestamp: 7548170 current time is 7548148, previous block timestamp is 7548143
[2014-02-19 17:42:28.316] DEBUG: Block 2649705403541714306 not accepted: Invalid timestamp: 7548170 current time is 7548148, previous block timestamp is 7548143
[2014-02-19 17:42:31.923] DEBUG: Failed to accept block 2649705403541714306 at height 70360 received from node7.nxtbase.com, blacklisting
[2014-02-19 17:42:31.971] DEBUG: Block 2649705403541714306 not accepted: Invalid timestamp: 7548170 current time is 7548152, previous block timestamp is 7548143
[2014-02-19 17:54:44.978] DEBUG: Block 4249081491518140600 not accepted: Invalid timestamp: 7548903 current time is 7548885, previous block timestamp is 7548886
[2014-02-19 17:54:46.579] DEBUG: Block 4249081491518140600 not accepted: Invalid timestamp: 7548903 current time is 7548887, previous block timestamp is 7548886
[2014-02-19 17:54:47.024] DEBUG: Failed to accept block 4249081491518140600 at height 70362 received from node31.nxtbase.com, blacklisting
[2014-02-19 17:54:47.429] DEBUG: Block 4249081491518140600 not accepted: Invalid timestamp: 7548903 current time is 7548887, previous block timestamp is 7548886
[2014-02-19 17:55:15.470] DEBUG: Block 12932083039183251200 not accepted: Invalid timestamp: 7548933 current time is 7548915, previous block timestamp is 7548903
[2014-02-19 17:55:17.047] DEBUG: Block 12932083039183251200 not accepted: Invalid timestamp: 7548933 current time is 7548917, previous block timestamp is 7548903
[2014-02-19 17:55:17.068] DEBUG: Block 12932083039183251200 not accepted: Invalid timestamp: 7548933 current time is 7548917, previous block timestamp is 7548903
[2014-02-19 17:56:45.342] DEBUG: Block 4693893235962204857 not accepted: Invalid timestamp: 7549023 current time is 7549005, previous block timestamp is 7548933
[2014-02-19 17:56:46.907] DEBUG: Block 4693893235962204857 not accepted: Invalid timestamp: 7549023 current time is 7549007, previous block timestamp is 7548933
[2014-02-19 17:56:47.267] DEBUG: Block 4693893235962204857 not accepted: Invalid timestamp: 7549023 current time is 7549007, previous block timestamp is 7548933
[2014-02-19 18:25:35.111] DEBUG: Accepted new transaction 8092174745016833957
[2014-02-19 18:25:41.411] DEBUG: Block 150191789548926373 not accepted: Previous block id doesn't match
[2014-02-19 18:26:43.888] DEBUG: Block 648900156109476541 not accepted: Invalid timestamp: 7550822 current time is 7550804, previous block timestamp is 7550798
[2014-02-19 18:26:45.123] DEBUG: Block 648900156109476541 not accepted: Invalid timestamp: 7550822 current time is 7550805, previous block timestamp is 7550798
[2014-02-19 18:26:45.572] DEBUG: Block 648900156109476541 not accepted: Invalid timestamp: 7550822 current time is 7550806, previous block timestamp is 7550798
[2014-02-19 18:26:45.932] DEBUG: Block 648900156109476541 not accepted: Invalid timestamp: 7550822 current time is 7550806, previous block timestamp is 7550798
[2014-02-19 18:26:46.429] DEBUG: Block 648900156109476541 not accepted: Invalid timestamp: 7550822 current time is 7550806, previous block timestamp is 7550798
[2014-02-19 18:29:00.424] DEBUG: Block 2904091861119649370 not accepted: Invalid timestamp: 7550958 current time is 7550940, previous block timestamp is 7550873
[2014-02-19 18:39:20.581] DEBUG: Block 1067698495449495846 not accepted: Invalid timestamp: 7551582 current time is 7551561, previous block timestamp is 7551100
[2014-02-19 18:39:21.591] DEBUG: Failed to accept block 1067698495449495846 at height 70375 received from node7.nxtbase.com, blacklisting
[2014-02-19 18:39:22.829] DEBUG: Block 1067698495449495846 not accepted: Invalid timestamp: 7551582 current time is 7551563, previous block timestamp is 7551100
[2014-02-19 18:39:24.183] DEBUG: Block 1067698495449495846 not accepted: Invalid timestamp: 7551582 current time is 7551564, previous block timestamp is 7551100
[2014-02-19 18:39:26.460] DEBUG: Block 1067698495449495846 not accepted: Invalid timestamp: 7551582 current time is 7551566, previous block timestamp is 7551100
[2014-02-19 18:39:26.769] DEBUG: Block 1067698495449495846 not accepted: Previous block id doesn't match
[2014-02-19 18:40:04.993] DEBUG: Block 11219600682173441320 not accepted: Invalid timestamp: 7551623 current time is 7551605, previous block timestamp is 7551582
[2014-02-19 18:40:06.748] DEBUG: Block 11219600682173441320 not accepted: Invalid timestamp: 7551623 current time is 7551607, previous block timestamp is 7551582
[2014-02-19 18:50:28.161] DEBUG: Block 3535557087145314573 not accepted: Invalid timestamp: 7552246 current time is 7552228, previous block timestamp is 7552157
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