NXT :: descendant of Bitcoin - Updated Information

[BitAddict]

Any update in TF status?
Is impossible to follow this thread without being all day here.

Thanks!

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[bitcoinpaul]

Question about public key thingie;

Don't users only get a public key after they made an outgoing transaction? So their first transaction, if they use an online client, would be insecure?

Interesting.

[Damelon]

Just want to make known that my small preview of the Asset Exchange and Wesley's client already entered the Top Ten of best viewed articles on my blog.

This is why I don't totally buy into the negative feelings
There is a whole community outside of the this forum that is also interested in Nxt, but has no truck with the intricacies that we discuss in here.

[xcn]

Hi, everybody.
How is it possible to avoid asset squatting?
Is 1000NXT fee enough for that?

[xcn]

Question about public key thingie;
Don't users only get a public key after they made an outgoing transaction? So their first transaction, if they use an online client, would be insecure?

Regardless of what they use, an account is "insecure" if it doesn't have any outgoing transactions.

https://bitcointalk.org/index.php?topic=366105.msg3911718#msg3911718

Maybe a new account should get a random number alias registered automatically?

[GambleX]

Hey guys!

Gamblex has decided to add NXT to our exchange and our gambling site. It will be fully implemented, that means we will also sell shares that distribute a part of the NXT fee revenue to stakeholders.

Check out our thread and maybe Invest!

https://bitcointalk.org/index.php?topic=498311.msg5676745#msg5676745

[ChuckOne]

New feature: API request logging, simply press the icon in the bottom right corner

+1440

[LemonAndFries]

NXT is starting to become something that I AM NOT WILLING to have so much investment in.

NXT coin was my original investment, not a fucking exchange,

Don't tell me I don't get it, I perfectly understand what's going on.

This was supposed to be Cryptocoin 2.0 "DESCENDANT OF BITCOIN"

For crying fucksakes, even your thread title says it.

Are you all half-retarded? The coin concept will attract the mainstream into NXT, not a fucking asset exchange.

The asset exchange was supposed to be a feature of NXT, not NXT itself.  Now all of you want to turn it into another of thousands of exhanges already available.

you clearly dont get it. there are no "thousands of exchanges" only 1 (counterparty). 1 more is coming (msc) and than NXT.

but as afar as being a coin. i also am trying to get clarity on this. I would have wanted to see it as the fuel to any asset on the exchange with an ongoing need for it and thus demand.  

This is CRITICAL.  Mainstream adaptation (ie VOLUME) will come from use of NXT as a COIN.  As in Joe Sixpack saying "what can I buy with this".  We have so many smart people dealing with so many smart things what we are TOTALLY NEGLECTING the foundation we MUST have.  

Who is working on going around to EVERY SINGLE current Bitcoin vendors and asking / convincing them to take NXT too, and put NXT alongside Bitcoin in their declaration of accepting cryptocurrency?  I want to do this, and intend to start doing this as soon as I get a few other NXT guerilla marketing  covert ops I'm working on out of the way...but there should be a GROUP EFFORT on this area going NOW.

I would love to promote the crap out of NXT, but how can I if I have to explain:

Me: "Well its an asset exchange Joe."
Joe: "well don't we have the stock market for that already? no need to invest in something that only super computer nerds know how to work.  If our stock market aint broke, don't fix it"

ricky gets it, demelon gets it, I'm assuming they actually get out and deal with everyday people.

The rest of the community (for the most part) seems to be stuck at "I'm super smart and can program in C++ and Java and Python and blal blah blah, screw the mainstream because I'm a rebel behind my computer."

No I'm not emule,  I'm someone who is concerned about NXT future and trying to make some of you see that you are not doing this right and are letting a great opportunity go into the shithole.

[ChuckOne]

Hi, everybody.
How is it possible to avoid asset squatting?
Is 1000NXT fee enough for that?

We think so. Do you think 10,000NXT would be better?

[wesleyh]

Ya, what do you suggest I change the text to? I don't know at the point of the message whether it's an asset transfer or something you bought.

Not sure if there is anything that can even be done about this, but when I receive my Nodecoins("Mined"), I get a notification in Wesley's client "You have bought 50 Nodecoins"...except that I didn't    

I can only assume the same notice would appear when any asset it transferred to me?

Now that could confuse the shit out of people.

Maybe just "You received 50 ... "? Then it doesn't matter if you paid for them or not.

That's so simple, it's brilliant

Yes indeed haha, will do

[wesleyh]

This should be reported to Jean_luc or CFB if this is still happening. I thought this was supposed to be fixed.

bug?

Using http://nxtra.org/nxt-client/

Try to "Sell nodecoin for NXT"

Amount 540
Price 1
Total 540
Fee 1

The account has 28.5 testNXT, so should be able to pay the fee.  Instead get error:

Not enough funds.

http://localhost:6876/nxt?requestType=getBalance&account=16941742721574909475
{"balance":2850,"effectiveBalance":-3300,"unconfirmedBalance":2850}

Looks fine. What is wrong?

Edit: Sell or buy? What is the request?

Update:
Was a sell request for all nodecoins shown in balance.  However, balance did not subtract for open sell orders.  Therefore, I was trying to sell larger quantity than allowed.

To avoid confusion, I suggest new UI field which shows 'available balance'.

Would probably need an api for that, availableBalance / effectiveBalance in getAccount assets list. CFB - any comments?

[xcn]

Hi, everybody.
How is it possible to avoid asset squatting?
Is 1000NXT fee enough for that?

We think so. Do you think 10,000NXT would be better?

No, its not about the price, i myself don't see any way to avoid this case

[Fatih87SK]

1.) Get NXT.org in your hands!
2.) Create a professional homepage there! (With: Get Started, Client Overview, Graphs from BTER/Cryptsy/Vircurex, the wiki, information about NXT (2 versions for normal guys, and for technical guys)..)
3.) Launch a SMF forum there with a few sections (General, Projects in development, Finished projects, Technical Discussion (Sub: Brainstorming), Promotion, META and 1 forum for each different languages)

+1

- Where is the SMF forum?
- Where is a good and professional homepage?
- Define an AE launch date, Mario will edit the date counter and make this public.
- Start a Reddit Marketing Campaign. The funds weren't allocate to someone of us. What is SalsaCZ doing? (I'm pretty sure MUCH in the background, but we need front actions)
- What are the plans of the 3 committees?
- What is about NXT.org?

+21

Marketing should focus on AE, because that's the next big thing of NXT.

[ChuckOne]

I would love to promote the crap out of NXT, but how can I if I have to explain:

You are hired.

Me: "Well its an asset exchange Joe."
Joe: "well don't we have the stock market for that already? no need to invest in something that only super computer nerds know how to work.  If our stock marekt aint broke, don't fix it"

Me: "Of course we have them. But, have you heard about MtGox? That cannot happen to NXT."
Joe: "Ah, alright. What's more?"
Me: "Furthermore, it's easy. That new client works like a charm. Have you seen it?"
Joe: "Nope."
Me: "Let me show it to you."
...

[^[GS]^]

$deadline = $hit / $baseTarget * $totalEffectiveBalance;

Why totalEffectiveBalance (not effective balance of a particular account)?

What about "(" and ")"? Like $deadline = $hit / ($baseTarget * $totalEffectiveBalance);

Thanks, but neither worked.

I have some simple questions...

1) Calculating the HIT with SHA256(generationSignature, publicKey)...
*) generationSignature of the block - Okey
a) publicKey the "generator" of the block or my account?
b) hash("sha256", hex2bin($generationSignature) . $accountPublicKey); or hash("sha256", hex2bin($generationSignature) . hex2bin($accountPublicKey));

2) $deadline = $hit / ($baseTarget * $totalEffectiveBalance); or $deadline = $hit / ($baseTarget * $effectiveBalance);
a) $totalEffectiveBalance of getState()
b) $effectiveBalance my account (getBalance()).

Thanks!

[LemonAndFries]

I would love to promote the crap out of NXT, but how can I if I have to explain:

You are hired.

Me: "Well its an asset exchange Joe."
Joe: "well don't we have the stock market for that already? no need to invest in something that only super computer nerds know how to work.  If our stock marekt aint broke, don't fix it"

Me: "Of course we have them. But, have you heard about MtGox? That cannot happen to NXT."
Joe: "Ah, alright. What's more?"
Me: "Furthermore, it's easy. That new client works like a charm. Have you seen it?"
Joe: "Nope."
Me: "Let me show it to you."
...

Me: "Let me show you how this really hard to use client that will confuse you works"

Joe: "it's ok, I'll just stick to my dollars. No need to waste money on something that is not even fully operational yet"

I've been getting asked about MT GOX from everyone I know because they know I have more knowledge than them.

So far, what once was motivating them and almost convincing them to invest has now disappeared.

That is a horrible example, I actually had to explain to a few of them that MTGOX is not the CEO of bitcoin and that NXT is completely seperate.
They still think NXT is a coin, if I start mentioning asset exchange I can guarantee you they will be completely turned off and not even interested anymore.

They care about NXT as a coin/currency, not another stock market type system.

[bitcoinpaul]

XCP is a coin and has an exchange. Where is the problem.

Nxt is a Protocol, NXT is a coin, Nxt has an exchange.

[LemonAndFries]

XCP is a coin and has an exchange. Where is the problem.

Nxt is a Protocol, NXT is a coin, Nxt has an exchange.

XCP, if I even mention it they will be like "WTF? I thought it was only bitcoin yo! WTF is XCP?"

You guys forget not everyone is into crypto like you.

[Daedelus]

I would love to promote the crap out of NXT, but how can I if I have to explain:

You are hired.

Me: "Well its an asset exchange Joe."
Joe: "well don't we have the stock market for that already? no need to invest in something that only super computer nerds know how to work.  If our stock marekt aint broke, don't fix it"

Me: "Of course we have them. But, have you heard about MtGox? That cannot happen to NXT."
Joe: "Ah, alright. What's more?"
Me: "Furthermore, it's easy. That new client works like a charm. Have you seen it?"
Joe: "Nope."
Me: "Let me show it to you."
...

Me: "Let me show you how this really hard to use client that will confuse you works"

Joe: "it's ok, I'll just stick to my dollars. No need to waste money on something that is not even fully operational yet"

I've been getting asked about MT GOX from everyone I know because they know I have more knowledge than them.

So far, what once was motivating them and almost convincing them to invest has now disappeared.

That is a horrible example, I actually had to explain to a few of them that MTGOX is not the CEO of bitcoin and that NXT is completely seperate.
They still think NXT is a coin, if I start mentioning asset exchange I can guarantee you they will be completely turned off and not even interested anymore.

They care about NXT as a coin/currency, not another stock market type system.

It can't be both?

[LemonAndFries]

I would love to promote the crap out of NXT, but how can I if I have to explain:

You are hired.

Me: "Well its an asset exchange Joe."
Joe: "well don't we have the stock market for that already? no need to invest in something that only super computer nerds know how to work.  If our stock marekt aint broke, don't fix it"

Me: "Of course we have them. But, have you heard about MtGox? That cannot happen to NXT."
Joe: "Ah, alright. What's more?"
Me: "Furthermore, it's easy. That new client works like a charm. Have you seen it?"
Joe: "Nope."
Me: "Let me show it to you."
...

Me: "Let me show you how this really hard to use client that will confuse you works"

Joe: "it's ok, I'll just stick to my dollars. No need to waste money on something that is not even fully operational yet"

I've been getting asked about MT GOX from everyone I know because they know I have more knowledge than them.

So far, what once was motivating them and almost convincing them to invest has now disappeared.

That is a horrible example, I actually had to explain to a few of them that MTGOX is not the CEO of bitcoin and that NXT is completely seperate.
They still think NXT is a coin, if I start mentioning asset exchange I can guarantee you they will be completely turned off and not even interested anymore.

They care about NXT as a coin/currency, not another stock market type system.

It can't be both?

It can, but not if the concensus is "NXT is not a coin, it's an asset exchange blah blah blah"

I already tried and the half-tards keep telling me it's NOT A COIN.

So talk to your so supportive NXT community because they seem to not want it to be a coin.

This will be the downfall of NXT if no one can agree on what it really is.
You can't even mention NXT coin because a million keyboards will go off at the same time to correct you saying it is not a coin.