NXT :: descendant of Bitcoin - Updated Information

[Damelon]

Nxt's 3-months Birthday in 2 days!

You got that wrong. There are no women here.

Edit: actually, those are cross-nerds.

QBTC is a ladyperson

Edit: as is allwelder, but we aren't allowed to tell.

[Come-from-Beyond]

I thought I read you were working on fixing this, how is it progressing? Or is it still todo?

We were going to test NIP workflow. The test failed.

[Damelon]

I need the community to read the shit I wrote and correct me, please

http://mynxt.org/beta/features.html

You forgot this feature:

NXT comes with a  built in  hitman 

 

[salsacz]

after Panda and Zahlen's proofreadings and comments, Decentralized internet and Nxt solutions is again available for any comments from the community:

https://docs.google.com/file/d/0BwAGADgnQcrtWjBuYXR1STN5NFk/edit

[verymuchso]

JeanLuc,

In order to visualize the shutdown process in the client i can either listen for log messages (kinda hackish) to determine that some component has shutdown, or mimic what you do in Nxt.shutdown (call XXX.shutdown myself) but that might lead to undesired effects once the vm shutdownHandler kicks in. Or ... maybe you could add some more events, i think the most time consuming actions are Peers.shutdown and Db.shutdown.
Ideal would be if clients could determine how long the task is and be notified of the amount of work done, the shutdown progress could then be shown in a deterministic progressbar.

Looking at Db.shutdown this would require a listener registered with H2 (with which i'm not familiar) to listen to the COMPACT progress, so not sure if that could be done (for the future if the blockchain grows, i believe you do want to show detailed shutdown progress).

The Peers.shutdown and ThreadPool.shutdown would however be perfect for some kind of fine grained notification that tells you the number of threads that are awaiting shutdown and notifies you each time one has shutdown.

BTW. I can now perfectly display startup progress with the events you added!

-Edit- Looks like it might be possible http://www.h2database.com/javadoc/org/h2/api/DatabaseEventListener.html it supports progress for scanning the database on startup for sure, but that is also handled by sending block added events.

I'd like to come back at this. The H2 listener is something a client developer can implement and register with H2. The shutdown of peer threads however could really use an event at START thread shutdown and at shutdown COMPLETE. Preferably send for each thread being shutdown.
I currently don't have the code from 0.8.0 fully integrated so i don't know if peer/thread shutdown does in fact take noticeable time. maybe i'm worrying about nothing.

[SkillRoad]

after Panda and Zahlen's proofreadings and comments, Decentralized internet and Nxt solutions is again available for any comments from the community:

https://docs.google.com/file/d/0BwAGADgnQcrtWjBuYXR1STN5NFk/edit

Nxt solutions
If you want to enter the game as a decentralized application, starting as a currency to obtain a wide distribution is a good place to start. All of the above mentioned projects have had problems with integration and distribution. Nxt started as the first pure Proof of Stake cryptocurrency in November 2013, and since then - in just a few short months - it has gained more than 20.000 users. The first part of BCNext’s plan, the anonymous inventor of Nxt, was spreading the monetary system among as many users as possible to create a network of decentralized P2P computers (nodes). This network is based on a lightweight client running on each connected node, so it can send data directly P2P. Thanks to the new code, it can provide up to 100 transactions per second.

Nxt uses an efficient system to maintain the network by using much lower processing power and electricity than is needed for Bitcoin and its clones. It is important to stay decentralized, by forming the Nxt network from thousands of users from all over the world, so this system cannot be censored. You cannot point to any owner of the Nxt system. Ordinary users don't own Nxt coins, they only know the passphrase to a Nxt brainwallet. This means that no legal entity can take Nxt coins from you… There is no creator to blame, no specific user to arrest, and you cannot take the Nxt network down. Nobody can censor P2P networks. Nxt also is not vulnerable to 51% attacks like Bitcoin, so even if someone owns 90% of all Nxt coins, the Nxt network is secured thanks to Transparent Forging algorithms.

Nxt evolved after the second part BCNext's plan was revealed. Nxt coins cannot only be used as currency, they can also be the building blocks to implement any other project on top of the Nxt platform. Different people may have different ideas. Nxt will provide a platform for easy creation of new currencies. Thousands of cryptocurrencies can be built on top of the Nxt network. They are maintained on Nxt blockchain, but they will have their own environment. Also, people can use assets to issue new coins, so they can easily create their own monetary system via the recently implemented asset exchange. All will be secured by Nxt’s green and attack-proof environment. It is up to the creators of those coins, whether their currency will be Proof of Work (Dogecoin), Stake (Peercoin), Bandwidth (Lakshmi, Bitcloud), Burn (Counterparty) or even Learning and Content (UNITAS project). These coins can be used for different purposes – as redeemable "points" and "credits" for businesses and organizations, as redeemable tokens for prepurchases, or local community and even national currencies. Iceland is introducing Auroracoin, when half of all coins will be sent to all of the Iceland inhabitants. Nxt could eventually replace even US Dollars.

Nxt applications similar to Twitter and Viber (messages app) are now available. Soon, the first game built on top of the Nxt network will be published: a decentralized Poker game. Nxt Arbitrary Messages lead us to the true decentralized web - torrent files have already been sent via this network. With multiple parallel blockchains running side-by-side, Nxt will be able to provide cloud storage and file sharing apps. The principle behind these applications is using different blockchains for different purposes: one for file storage, one for messages, and so on. Each app will use only a specific blockchain(s) and won't be spammed by the others. Additionally, with blockchain pruning, users will not need to download large blockchains as they do now with Bitcoin and its forks.

Other functions based on Zerocoin and mixing services can provide a completely anonymous infrastructure that was originally built in the Phantom protocol - a decentralized network that focuses on the anonymization of users. Currently, Bitcoin and Nxt are only pseudonymous - transactions from the same account can still be linked to each other. With the Zerocoin feature integrated into the NXT core, it will be mathematically infeasible to link the particular coins used by each user.

Decentralized computing systems built on the Nxt platform could locally solve all kinds of research projects. Thanks to the extremely fast Nxt network, home computers can work on mathematical projects so their owners may receive crypto coins. With built-in decentralized exchanges, such coins can be immediately exchanged for other coins. Currently being tested, the decentralized Asset Exchange allows users to transform these coins into assets for fiat currencies, shares or commodities such as silver and gold. Anyone can use these exchanges without any restrictions of high fees. Asset exchange will replace “kickstarter websites” because with Nxt you can create a kickstarter crowdfunding project without any 3rd party.

Nxt uses small fees, and these fees are always returning to the users who maintain the Nxt network. While fees in VISA or PayPal system go to the centralized corporations, in the Nxt ecosystem, they are distributed fairly between users.

Nxt will be soon cooperating with DAC (Distributed Autonomous Corporations), such as Bitcloud or ArkOS. Automated Transactions, the Turing-complete scripts, are already being developed. With Bitcloud, nodes on a mesh network can be rewarded financially for routing traffic in a brand new mesh network. This removes the need for Internet Service Providers. The goal is always same: to replace YouTube, Dropbox, Facebook, Spotify, and others with decentralized, open source alternatives.

ArkOS and Nxt systems are very ecofriendly, you can run Nxt on a Raspberri Pi too. Possible merging of these projects may lead to a future of free, decentralized and green internet. Especially if the programs created on top of Nxt network used applications similar to ArkOS.

Currently, United States Federal Grants have been used to invest into installing Fiber Optic Cables.  The fiber was installed and then control turned over to Kitsap County Public Utility District.  Then, it was forbidden from selling access to this fiber.  So instead, they have installed a free mesh network providing access to the communities of Poulsbo, Bainbridge Island, Bremerton, and Port Orchard.  NXT Cubietrucks or Odroids connected to federally funded community WIFI mesh connections will connection redundancy to the Nxt network.

Another example of the grassroots deployment of a Commotion Wireless firmware based mesh network is in Brooklyn New York following Hurricane Sandy at the request of the local authorities.  This mesh network exists to this day and is served by a donated fiber optic backhaul.  The network serves over 500 residents who access it with iPhones, Androids, and other WIFI client devices.  The mesh network was deployed by a small group of wireless networking enthusiasts utilizing Ubiquiti Networks Picostations and Nanostations and federally unlicensed wireless spectrum.  

These two examples of currently existing community wireless mesh networks are perfect candidates and examples of existing decentralized networking that can be immediately integrated into the operation of the Nxt network. The Commotion Wireless project is active is Seattle and many other major US cities. Wireless mesh networking holds the capability of creating geographic mesh networks that interconnect globally via existing fiber optic backhaul, sidestepping the stranglehold of telecommunications providers worldwide. The day the Nxt network has sufficient backhaul redundancy through mesh networking will be a glorious one indeed, as Nxt data will no longer be required to traverse legacy information channels dominated by government sanctioned communication oligopolies.

The third part of BCNext's plan will be released on April 2014. It will most likely be his idea about building all kinds of decentralized applications on top of Nxt’s green network. Since the Nxt system is democratic and users will be able to vote on all important decisions, people do not have to follow BCNext's plans and can continue with Nxt as a simple currency. This is one of the most important aspects of Nxt: the creator BCNext has no power over Nxt and he cannot control its development. All the power is in the hands of independent developers and code reviewers, with input from the community. He can only suggest new ideas, but he cannot implement them directly in the protocol. Nxt has no benevolent dictator, no sponsoring company or corporation. Instead Nxt is organized around active users and contributors. Some people have already begun to work on new coins and other implementations, so BCNext's plan will likely be fulfilled as well as inspire new ideas.

Nxt is one step ahead of all other decentralized platforms thanks to its kickstart as a cryptocurrency. It is now ready to become a new decentralized internet. Nxt provides a powerful and flexible platform for developers, allowing them to easily develop new applications for Nxt. Thanks to the great community behind it, from the participants of the now almost two thousand pages of discussion in the Nxt Bitcointalk “pub” thread, as well as other forums. Nxt has achieved so much in such little time. Anyone can join this fantastic group of open-minded individuals and make a positive contribution. You can join Nxt at nxt.org or forums.nxtcrypto.org to learn more.

good article

[rdanneskjoldr]

For me the correct start.bat file is:

"c:\Program Files (x86)\Java\jre7\bin\java.exe"  -Xmx1024M -cp nxt.jar;lib\*;conf nxt.Nxt

+1 ,Ty!!

Well,the cmd worked,but i get SSL connection error when opening https://localhost:7875/

Just use http://localhost:7848 instead

Didnt work with that,i finally ran it with http://127.0.0.1:7875/
Is it fine and safe?I like following all the thread,but i have no idea of programming.

Also i cant find how to access to where i can request an alias,or the admin site.How i used to do it,is not working for 0.8

[DrearyUrbanite]

For me the correct start.bat file is:

"c:\Program Files (x86)\Java\jre7\bin\java.exe"  -Xmx1024M -cp nxt.jar;lib\*;conf nxt.Nxt

+1 ,Ty!!

Well,the cmd worked,but i get SSL connection error when opening https://localhost:7875/

Just use http://localhost:7848 instead

Didnt work with that,i finally ran it with http://127.0.0.1:7875/
Is it fine and safe?I like following all the thread,but i have no idea of programming.

You should be fine. You are communicating with your own local computer.

[Eadeqa]

I'm not registered there.

Whoever runs the wiki, can you remove the registration requirement?

[opticalcarrier]

I'm not registered there.

Whoever runs the wiki, can you remove the registration requirement?

Joefox keeps it locked down for a reason.  Just PM him here and im sure he'll add you

[opticalcarrier]

I need the community to read the shit I wrote and correct me, please

http://mynxt.org/beta/features.html

You forgot this feature:

NXT comes with a  built in  hitman 

 

Mario, you really should make a note that all of these features are still not implemented at all. Except TF, which is still very incomplete

[Mario123]

Of course. Changed.

edit: Damn, a lot to do

[wesleyh]

I thought I read you were working on fixing this, how is it progressing? Or is it still todo?

We were going to test NIP workflow. The test failed.

What does NIP mean? What's the next step?

[Come-from-Beyond]

I thought I read you were working on fixing this, how is it progressing? Or is it still todo?

We were going to test NIP workflow. The test failed.

What does NIP mean? What's the next step?

Nxt Improvement Proposal. This is how Bitcoin guys do it - https://en.bitcoin.it/wiki/Bitcoin_Improvement_Proposals

[Damelon]

I'm not registered there.

Whoever runs the wiki, can you remove the registration requirement?

Not possible.
We had problems with spammers and people destroying articles and the normal registration requirements were not useful because the wiki wouldn't allow certain links to be included in translated articles.

This is the solution that joefox chose which works.

It's not perfect, but allows us all to do what needs to be done with minor effort (registering and sending a message to joefox)

[wesleyh]

I thought I read you were working on fixing this, how is it progressing? Or is it still todo?

We were going to test NIP workflow. The test failed.

What does NIP mean? What's the next step?

Nxt Improvement Proposal. This is how Bitcoin guys do it - https://en.bitcoin.it/wiki/Bitcoin_Improvement_Proposals

OK, so someone should start a wiki section for this, and proposals should be sent to .... for review?

[verymuchso]

JeanLuc

Could you possibly expose the org.eclipse.jetty.server.Server instance in nxt.Peers (make it a public static). Use case is to register a LifeCycle.Listener with it.

Thanks.

[CoinTropolis_JustaBitTime]

Please help get the word out to the exchanges:

https://bitcointalk.org/index.php?topic=345619.msg5301768#msg5301768


It doesn't matter whether you're in marketing, development, infrastructure, investment or a casual Nxt enthusiast. We need everyone's help please.

[Mario123]

I need the community to read the shit I wrote and correct me, please

http://mynxt.org/beta/features.html

[CoinTropolis_JustaBitTime]

New Exchange:

https://cryptoave.com

Info@CryptoAve.Com
Suggestions@CryptoAve.Com


The big deal here is they are planning on integrating merchant tools with their coin/usd pairs. Let's let them know we're interested in adding Nxt.

====

CaVirtex

I just heard back from CaVirtex (thank you everyone that helped with prior swarms that put us on their radar)

"Hello John,

Thanks for the message. We're carefully considering what pairs we will add moving forward. We have big plans, and we are certainly going to evaluate Nxt before making a decision on what to implement next.

Thanks again,

Wes"