redsn0w
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#Free market
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March 31, 2014, 03:03:50 PM |
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need some testcoin to buy some emulecoins in the video: 9500913153933294022
15K TestNxt sent , have fun ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . { "transactionBytes": "00006899a7001800f47ab02026de18774b2cc4086c4ced94ae4c303eeda685ff0aa82bb9dec42753c6b907ee2c06da83983a00000100000000000000000000004d12222dbf1774bf0b8f676199f38f1df3ea10ce2dd6ec1a5472640257c0db09de2d6fa81c6b35e1f4a80767219553f1e484a09d58f42dd8778ad1cc9ea5b886", "hash": "53d8a6ab3a23deac4ffb126c2b45be018f191c687c7e25a32e3c377187e1c9bd", "transaction": "10218430746731166257" }
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TwinWinNerD
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CEO Bitpanda.com
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March 31, 2014, 03:29:09 PM |
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In short Monetary System will allow to create currencies backed by NXT. New coins r created by "burning" NXTs. Actually these NXTs r not burned but locked. Anytime u can destroy created coins and get the NXTs back.
![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Horry fug. That is huge! All the upside without the downside ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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TwinWinNerD
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CEO Bitpanda.com
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March 31, 2014, 03:46:50 PM |
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need some testcoin to buy some emulecoins in the video: 9500913153933294022
15K TestNxt sent , have fun ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . { "transactionBytes": "00006899a7001800f47ab02026de18774b2cc4086c4ced94ae4c303eeda685ff0aa82bb9dec42753c6b907ee2c06da83983a00000100000000000000000000004d12222dbf1774bf0b8f676199f38f1df3ea10ce2dd6ec1a5472640257c0db09de2d6fa81c6b35e1f4a80767219553f1e484a09d58f42dd8778ad1cc9ea5b886", "hash": "53d8a6ab3a23deac4ffb126c2b45be018f191c687c7e25a32e3c377187e1c9bd", "transaction": "10218430746731166257" }
Nice to see my EMULETOKENS taking off ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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timmyd
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March 31, 2014, 04:03:11 PM |
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quite a bit of distributing goin on today and where still above 0.00006000 on bter ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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xyzzyx
Sr. Member
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I don't really come from outer space.
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March 31, 2014, 04:19:53 PM Last edit: March 31, 2014, 04:38:15 PM by xyzzyx |
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Took a look late last night at your problem with AM and reproduced the same error. I don't know Javascript so I might be wrong, but I think the problem is because in the convertToHex function the code is using the charCodeAt() method to return a unicode 16-bit character rather than charAt() which would ( I think, but am unsure) return an 8-bit character. Someone who understands Javascript should take a look, however.
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"An awful lot of code is being written ... in languages that aren't very good by people who don't know what they're doing." -- Barbara Liskov
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wesleyh
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 31, 2014, 04:27:12 PM |
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Took a look late last night at your problem with AM and reproduced the same error. I don't know Javascript so I might be wrong, but I think the problem is because in the convertToHex function the code is using the charCodeAt() method to return a unicode 16-bit character rather than charAt() which would return an 8-bit character. Someone who understands Javascript should take a look, however. message.html is deprecated anyway, check if it works in my client instead.
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xyzzyx
Sr. Member
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I don't really come from outer space.
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March 31, 2014, 04:43:19 PM |
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Anyway, the reason I believe in Nxt is mainly because of you.
Thx, but I'm quiting soon, so u should put some belief into other Nxters. https://www.youtube.com/watch?v=EJfm71I0OyU
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"An awful lot of code is being written ... in languages that aren't very good by people who don't know what they're doing." -- Barbara Liskov
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msin
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March 31, 2014, 05:05:04 PM |
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Ola
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March 31, 2014, 05:26:08 PM |
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Can someone or a group of people head over and make Ian (ciyam) see the light ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? He says he will avoid helping the creation of a dac-like AT, because he doesn't want to "take on governments", which doesn't make sense because he created the lottery use case. I suspect no government will like this lottery AT and its automated distributed ability, just like they don't like bit-torrent. Can someone explain to him or have a debate with him that creating software has nothing to do with taking on governments? I find this extremely disturbing that while XCP is testing DAC functionality and support his stance is to watch and wait..Obviously he will do what he likes and cannot be forced, but maybe he can improve his reasoning? Or maybe someone can improve the pseudo code I wrote and implement in JAVA..I am not good with JAVA. See the thread here: https://nxtforum.org/automated-transactions/information-of-the-at-project/msg4355We need more rational and objective JAVA coders, I made a post here: https://bitcointalk.org/index.php?topic=525098.msg5979866#msg5979866and maybe is time to head to india to recruit JAVA coder from india..any bounty for this?
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Nxter,Bitcoiner,Ether highlevel developer working to improve the world.
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bitme
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March 31, 2014, 05:41:40 PM Last edit: March 31, 2014, 05:56:00 PM by bitme |
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I've just got ODROID-U3 cute little thing http://www.hardkernel.com/main/products/prdt_info.php?g_code=G138745696275I bought it mainly for forging but now have some security concerns. It runs perfectly (much faster than I suspected it to be) but this device uses modified xubuntu with some goodies preinstalled. Would any of You find this risky to open NXT account on such system or am I just over paranoid?
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NXT makes the Difference My nxtforum account : bitme
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Tobo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 31, 2014, 05:48:55 PM |
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In short Monetary System will allow to create currencies backed by NXT. New coins r created by "burning" NXTs. Actually these NXTs r not burned but locked. Anytime u can destroy created coins and get the NXTs back.
![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Horry fug. That is huge! All the upside without the downside ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) You can burn Nxt by sending them back to the genesis account.
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TwinWinNerD
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CEO Bitpanda.com
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March 31, 2014, 05:55:05 PM |
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In short Monetary System will allow to create currencies backed by NXT. New coins r created by "burning" NXTs. Actually these NXTs r not burned but locked. Anytime u can destroy created coins and get the NXTs back.
![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Horry fug. That is huge! All the upside without the downside ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) You can burn Nxt by sending them back to the genesis account. yes but where is the value of that? With CFBs proposition, you can really back a currency. In the way that if someone decides that the currency is now at a lower value than the amount of NXT behind it, he can just "trade" it against the backed NXT
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xyzzyx
Sr. Member
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I don't really come from outer space.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 31, 2014, 06:06:55 PM |
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In short Monetary System will allow to create currencies backed by NXT. New coins r created by "burning" NXTs. Actually these NXTs r not burned but locked. Anytime u can destroy created coins and get the NXTs back.
![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Horry fug. That is huge! All the upside without the downside ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) You can burn Nxt by sending them back to the genesis account. yes but where is the value of that? With CFBs proposition, you can really back a currency. In the way that if someone decides that the currency is now at a lower value than the amount of NXT behind it, he can just "trade" it against the backed NXT Depending on the mechanics of this feature, this might be good for implementing Zerocoin mint/spend transactions. Wait and see.
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"An awful lot of code is being written ... in languages that aren't very good by people who don't know what they're doing." -- Barbara Liskov
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ChuckOne
Sr. Member
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☕ NXT-4BTE-8Y4K-CDS2-6TB82
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March 31, 2014, 06:11:44 PM |
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I think this year April won't be cold, so we need to wait 365 days for a cold one ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.marcusjensen.de%2Fess%2F1984typg.jpg&t=665&c=rXLVqsSeClrwqQ) Depends on where you live.
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ChuckOne
Sr. Member
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☕ NXT-4BTE-8Y4K-CDS2-6TB82
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March 31, 2014, 06:13:16 PM |
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Do we have a link that describes what it is? NXT Phasing is cool and there is much interest in it. But I need some links to refer to.
No links yet. There should be some posts about it from you, right?
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TwinWinNerD
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CEO Bitpanda.com
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March 31, 2014, 06:15:10 PM |
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In short Monetary System will allow to create currencies backed by NXT. New coins r created by "burning" NXTs. Actually these NXTs r not burned but locked. Anytime u can destroy created coins and get the NXTs back.
![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Horry fug. That is huge! All the upside without the downside ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) You can burn Nxt by sending them back to the genesis account. yes but where is the value of that? With CFBs proposition, you can really back a currency. In the way that if someone decides that the currency is now at a lower value than the amount of NXT behind it, he can just "trade" it against the backed NXT Depending on the mechanics of this feature, this might be good for implementing Zerocoin mint/spend transactions. Wait and see. you missunderstood me. I also think that feature is really cool! I just said that buring NXT in the genesis block is a far inferior feature ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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ChuckOne
Sr. Member
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☕ NXT-4BTE-8Y4K-CDS2-6TB82
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March 31, 2014, 06:16:23 PM |
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Another one you might enjoy (that we know even less about ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ) **** Time Warp Time Warp is a feature of Transparent Forging that will support very high transactions per second within Nxt. Full details will be released in April. **** It is going to be an exciting couple of weeks ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) As far as I know, that is just a technological consequence of the deterministic side of TF. Nothing spectacular.
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xyzzyx
Sr. Member
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I don't really come from outer space.
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March 31, 2014, 06:29:24 PM |
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I just said that buring NXT in the genesis block is a far inferior feature ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I kinda like it: https://bitcointalk.org/index.php?topic=422353.0
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"An awful lot of code is being written ... in languages that aren't very good by people who don't know what they're doing." -- Barbara Liskov
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Tobo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 31, 2014, 06:33:49 PM Last edit: March 31, 2014, 06:54:19 PM by Tobo |
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In short Monetary System will allow to create currencies backed by NXT. New coins r created by "burning" NXTs. Actually these NXTs r not burned but locked. Anytime u can destroy created coins and get the NXTs back.
![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Horry fug. That is huge! All the upside without the downside ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) You can burn Nxt by sending them back to the genesis account. yes but where is the value of that? With CFBs proposition, you can really back a currency. In the way that if someone decides that the currency is now at a lower value than the amount of NXT behind it, he can just "trade" it against the backed NXT If the new currency's value is lower than it was, it can not be traded back to Nxt with same original amount of Nxt. It is called inflation. This is a separate issue. BY burning or locking (permanently) Nxt, you can issue a fixed amount new currency and it has fixed ratio with Nxt like US dollar backed by gold long time ago. But how to set up the initial ratio is a science and it needs some economists to study. For instance, the simplest application is to create Nxtcent and 100 nxtcent = 1 nxt and you have to lock (permanently) or burn 1 nxt to create 100 Nxtcent. This way, it will never hurt Nxt's scarcity. But with the growth of the Nxt economy, you may be able to create new currency with ratios other than this depending on the incremental added value on Nxt and it require some economists to study and solve. edit - but be careful when you do so, remember the bretton Wood System - http://en.wikipedia.org/wiki/Bretton_Woods_system
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Eggnogg
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March 31, 2014, 07:05:08 PM |
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Hello @ all Why is NXT dropping and dropping and dropping. It seems to me NXT is dying like some of that shitcoins ! What happened with NXT ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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