NXJ is a New Awesome Movement, one of the reasons NXJ is groundbreaking is because it gives the economy back to the people and re-establishes them as their own sovereigns over their destiny. An economy is an expression of a political ideology. Do not mistake us as just another cryptocurrency. We are more than a movement because we are a New Economy Movement....or something"
NXJ :: descendant of Nxt - NXJ - New Economy Movement
Complete Fair Distribution - Zero Cost Buy In!
Just post "INTERESTED"
NXJ is a fork of Nxt code. I am an ambassador of NXT and I admire the brilliance and vision of NXT inventor BCNext. He has a idea in the world of decentralization and that's why we should have more clones of his work such as NXJ.
NXJ is the first 100% Proof-of-Stake (PoS) currency. Coins are earned solely by charging transaction fees. Unlike other currencies with PoS mining, NXJ's PoS mining does not cause monetary inflation. The total amount of NXJ in circulation is 4 billion. NXJ is resistant to +90% attacks via its transparent mining algorithm.
NXJ improves different features of Bitcoin, removes some disadvantages (e.g. bloated blockchain) and resolves a big environmental issue. Time between blocks is one minute. This increases the rate of orphaned blocks, but makes it more convenient for the users.
NXJ doesn’t use so-called “scripts” aka predicates. This simplifies and accelerates transaction processing. Advanced features like multisig will be created on top of the core as 3rd party services.
NXJ is routable through Tor and I2P anonymous networks.
NXJ improves on Nxt by providing the following enhancements:
Block Chain stored in database. Unlike Nxt, NXJ does not fail due to out of memory errors.
Secure Wallet. Unlike Nxt, NXJ does not expose the wallet to the open internet.
Bitcoin like Addresses. Unlike Nxt, NXJ adds checksums to addresses so some random number can't be confused as being a NEX address.
Multi Precision arithmetic. Unlike Nxt, NXJ allows up to 8 decimal places. Nxt does not have decimal places.
NXJ supports the following features:
- Decentralized Alias System / DNS - Complete
Register names and assign them to URIs. URIs can be anything from web addresses to NEX account numbers. These aliases will be tradeable in the near future.
- Basic DDoS Protection - Complete
- Decentralized Asset Exchange / Colored Coins - Done, but not yet implemented.
This allows gateways to issue assets on the NEX network. These assets can include cryptocurrencies (BTC, LTC, etc), fiat currencies (USD, EUR, RMB, etc), stocks and other assets.
- Transparent Mining - Complete.
Transactions are encrypted. Only PoS block generator can decrypt transactions.
- Arbitrary Messaging - Complete. Implementation on block 40,000.
- Instant Transactions - Requires peer review
- Decentralized Marketplace / Auction - In progress
Buy or sell goods/services in a distributed manner. All listings are broadcast to all nodes on the network in P2P fashion.
- Distributed Storage - In progress
- Multi-signatures - In progress
- Blockchain Shrinking - In progress
- Two-phase Payments - In progress
Software supported escrow transactions
- Voting System - In progress
- Reputation System - Will be implemented after Voting System
Account trust rating system. Check if sellers on the distributed exchange have a good history, if stock issuers pay dividends and if gateways honor their asset redemptions.
- Decentralized Mixing Service - Concept not ready - Cryptographers please contact core dev team members
- Distributed Computing - Concept not ready
- Smart Contracts - Concept not ready
- Hardware Wallets - Conceptual Stage - Java smart card developers please contact core dev team members
- Advanced DDoS Protection: Project Kharon - Conceptual Stage - Neural net programmers please contact core dev team members
NXJ need you to spread the words. The sources can be taken from NXT or its clone NEX
We inherit code from the "open source" or "decompiled" version of NXT
Unlike NXT, all the decompiled code can be found here:
https://github.com/slothbag/nxt-decompiled for your review and scrutiny.
Please Run a NXJ Node
If you can run a NXJ node, it will help us stabilize and secure the network. If you have invested in NXJ, it is beneficial to you to run a VPS to help to secure the NXJ network. Hallmarking your node helps the network, but is not necessary.
How-to directions on running a hallmarked VPS NXJ node
Easily Deploy NXJ on Thousands of your VPSs
How-to run NXJ on your Raspberry Pi
NXJ Videos
NXJ Introduction
What is NXJ?
How to Mine NXJ
How to Use NXJ Client
How to Register Alias Tutor
NXJ Explained in Japan!
For all the hyper-links, you can go to our clone brother
https://bitcointalk.org/index.php?topic=422052.0Security Tips
- Do NOT use the passphrase for your NXJ account on a VPS client. Only use your NXJ passphrase on a local NXJ client. Even if you connect to your VPS securely via SSH, you are still not safe because all VPSs have backdoors.
- 7874 (tcp) is used for P2P communication, the http web client and API commands. This is the only port that needs to be open to run NXJ.
- 7875 (tcp) is used for the https web client.
Please leave a message here if you want a part of the 4 Billion coins that will be issued! That's right there will be 4 billion of NXJ instead of 1 Billion. That's because we think NXT is like gold which can be used in valuable transactions meanwhile NXJ is like silver and can be used in everyday.
There is no cost or way to acquire coins, only your interest would suffice and remember for your interest you can get four times the amount of NXT or NEX you can get.
We have good news to share!!
NXJ will be cloning this NEM announcement thread.
https://bitcointalk.org/index.php?topic=422129.0What this means for you?
If you're in the NEM genesis block, you'll automatically be included in the NXJ genesis block.
The only difference is NXJ will not require any contribution from people NXJ is 100% free!!
We have complete faith in utopianfuture's integrity, so we believe donations and contributions to NEM are safe, and utopianfuture will put them to good use. And when he does, NXJ will clone all the good features of NEM, so we don't have a need for a budget for development & community building at this stage.
We just want your 'love', and we promise to try and grow NXJ into a top 10 NXT clone.
NXT is that nice crisp $100 in your pocket, NEM is a $80 ... NXJ is a crumpled up $8 ... but if NXJ establishes itself in the top handful of NXT clones it'll end up being useful, and valuable.
So to summarise, if you're 'interested' in NEM, then we're assuming you're 'interested in NXJ.
And we're going to copy and clone everything we can from NXT & NEM & NEX so our development costs will be smaller, so we'll try and cover those from our own pockets. We might need some help later on, so feel free to offer, but for now we're not looking for any donations.
NXJ will have a large number of accounts in the genesis block, and we've got a few marketing ideas that should insure we have enough people interested in NXJ to run the client software.
NXJ people know the power of community
NXJ simply exists for me to enter the KLONE project
https://bitcointalk.org/index.php?topic=423647.0Just post "INTERESTED"
