| Nxt | Blockchain Platform | Proof of Stake | Official

[Daedelus]

The attempted attack is still ongoing, it is having little effect but will be prevented completely if you update. Do it now and tell your friends

There was fix in 1.4.17 that fixed a bug. Someone is still trying to exploit the bug in the stragglers that haven't updated.


Update to 1.4.17 NOW, to support the network.

https://nxtforum.org/nrs-releases/nrs-v1-4-17/

Rally the troops  

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[Daedelus]

Where are we headed with all of this guys? Is NXT destined to be a project with a lot of features but without any impactful projects utilizing its technology?  I think the current price action reflects this concern.

Unlikely. We have Damelon and Evildave doing as they have always done in contacting and approaching businesses. We also have DeBuNe building tools for them. Plus many others who together have a good track record.

We have the guy who is interested in 10,000 aliases per block, using Nxt as the backbone as their project. Freebieservers seems to be bearing fruit. PICISI has started his crowd funding project. Come-from-Beyonds distributed computing project is on Nxt. Jl777 was scooped up by Nxt when Ripple had no interest in his ideas.  

(links available upon request)

The European SEC has been looking into Nxt, our name is splattered all over their call for info, as the leading crypto asset exchange (link available). The fact is, just like real life, a lot of businesses will fail. So we just need to keep attracting business ideas to Nxt and sooner or later, one will take one or a set of Nxt's features at the right time and it will click with people (crypto will have had to have reached a certain maturity too, it is still quite hard for 'average joe'. But mynxt.info's online wallet and android/iOS are great for these people).

If impactful projects were easy to develop, Bitcoin would have 20 and all half decent alts would have 3 each  

[Daedelus]

Update 

https://bitcointalk.org/index.php?topic=1036345.0


This is getting boring so I am thinking of doing a meme to liven things up a little.. I am open to ideas, PM me 

[bitcoinrocks]

Where are we headed with all of this guys? Is NXT destined to be a project with a lot of features but without any impactful projects utilizing its technology?  I think the current price action reflects this concern.

Unlikely. We have Damelon and Evildave doing as they have always done in contacting and approaching businesses. We also have DeBuNe building tools for them. Plus many others who together have a good track record.

We have the guy who is interested in 10,000 aliases per block, using Nxt as the backbone as their project. Freebieservers seems to be bearing fruit. PICISI has started his crowd funding project. Come-from-Beyonds distributed computing project is on Nxt. Jl777 was scooped up by Nxt when Ripple had no interest in his ideas.  

(links available upon request)

The European SEC has been looking into Nxt, our name is splattered all over their call for info, as the leading crypto asset exchange (link available). The fact is, just like real life, a lot of businesses will fail. So we just need to keep attracting business ideas to Nxt and sooner or later, one will take one or a set of Nxt's features at the right time and it will click with people (crypto will have had to have reached a certain maturity too, it is still quite hard for 'average joe'. But mynxt.info's online wallet and android/iOS are great for these people).

If impactful projects were easy to develop, Bitcoin would have 20 and all half decent alts would have 3 each  

Why not shift a majority of NXT's resources into developing FreeMarket?  That is a project with very large potential and real-world application right now.  Besides its technology, the biggest thing NXT has going for it is its community and we should leverage that before it disappears to build out something like FreeMarket which Average Joe is clearly ready for.  NXT needs to accomplish something practical like that before it's too late.  We aren't the only 2.0 project in town any more.

BTW, OpenBazaar is not decentralized, it's P2P.  FreeMarket is decentralized.

[capodieci]

Where are we headed with all of this guys? Is NXT destined to be a project with a lot of features but without any impactful projects utilizing its technology?  I think the current price action reflects this concern.

Unlikely. We have Damelon and Evildave doing as they have always done in contacting and approaching businesses. We also have DeBuNe building tools for them. Plus many others who together have a good track record.

We have the guy who is interested in 10,000 aliases per block, using Nxt as the backbone as their project. Freebieservers seems to be bearing fruit. PICISI has started his crowd funding project. Come-from-Beyonds distributed computing project is on Nxt. Jl777 was scooped up by Nxt when Ripple had no interest in his ideas.  

(links available upon request)

The European SEC has been looking into Nxt, our name is splattered all over their call for info, as the leading crypto asset exchange (link available). The fact is, just like real life, a lot of businesses will fail. So we just need to keep attracting business ideas to Nxt and sooner or later, one will take one or a set of Nxt's features at the right time and it will click with people (crypto will have had to have reached a certain maturity too, it is still quite hard for 'average joe'. But mynxt.info's online wallet and android/iOS are great for these people).

If impactful projects were easy to develop, Bitcoin would have 20 and all half decent alts would have 3 each  

Why not shift a majority of NXT's resources into developing FreeMarket?  That is a project with very large potential and real-world application right now.  Besides its technology, the biggest thing NXT has going for it is its community and we should leverage that before it disappears to build out something like FreeMarket which Average Joe is clearly ready for.  NXT needs to accomplish something practical like that before it's too late.  We aren't the only 2.0 project in town any more.

BTW, OpenBazaar is not decentralized, it's P2P.  FreeMarket is decentralized.

IMO Jetcoin (that will run on Nxt technology) will have a major impact outside the crypto community, as it will be used by the average Joe. A big step to bring more people to the Nxt world (for proof go to http://www.jetcoininstitute.com and scroll to the bottom to see the Nxt logo). And yes, http://debune.org is another AMAZING initiative lol

DISCLOSURE: I am involved in both above mentioned projects

Rob

[stereotype]

Real life people making real world connections. Good to see.

Nice one Rob and Co.

https://nxtforum.org/debune/thank-you-from-the-debune-team/

https://nxtforum.org/nxt-promotion/doing-my-part-to-promote-nxt-and-debune-pics/

[allwelder]

Where are we headed with all of this guys? Is NXT destined to be a project with a lot of features but without any impactful projects utilizing its technology?  I think the current price action reflects this concern.

Unlikely. We have Damelon and Evildave doing as they have always done in contacting and approaching businesses. We also have DeBuNe building tools for them. Plus many others who together have a good track record.

We have the guy who is interested in 10,000 aliases per block, using Nxt as the backbone as their project. Freebieservers seems to be bearing fruit. PICISI has started his crowd funding project. Come-from-Beyonds distributed computing project is on Nxt. Jl777 was scooped up by Nxt when Ripple had no interest in his ideas.  

(links available upon request)

The European SEC has been looking into Nxt, our name is splattered all over their call for info, as the leading crypto asset exchange (link available). The fact is, just like real life, a lot of businesses will fail. So we just need to keep attracting business ideas to Nxt and sooner or later, one will take one or a set of Nxt's features at the right time and it will click with people (crypto will have had to have reached a certain maturity too, it is still quite hard for 'average joe'. But mynxt.info's online wallet and android/iOS are great for these people).

If impactful projects were easy to develop, Bitcoin would have 20 and all half decent alts would have 3 each  

Great summary.
bitcoinrocks,you can also find more application based on Nxt Blockchain on Nxt123.org.

[Damelon]

https://nxtforum.org/nrs-releases/nrs-v1-5-5e/

This is a development release for testing only. Source code is not provided.

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 1.5.5e

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-client-1.5.5e.zip

sha256:

fdb91461a6b39f7604442d36b341b22692452f60ef1cd329f9254406a8103dec  nxt-client-1.5.5e.zip


This is a development release for testing only. Source code is not provided.


Change log:

This is an experimental release. It is a required update for all testnet nodes,
but is also possible to run on main net.

Fixed processing of unconfirmed ExtendTaggedData transactions.

AddPeer and BlacklistPeer APIs now require POST and admin password.

This release will perform a full rescan on testnet.


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[bitcoinrocks]

Is there ever a need to re-backup an NXT wallet like there is with BTC and other wallets?

[Daedelus]

Is there ever a need to re-backup an NXT wallet like there is with BTC and other wallets?

Which client are you using to access Nxt? The answer is different, depending on this.

[bitcoinrocks]

Is there ever a need to re-backup an NXT wallet like there is with BTC and other wallets?

Which client are you using to access Nxt? The answer is different, depending on this.

It's NRS.

[yassin54]

Is there ever a need to re-backup an NXT wallet like there is with BTC and other wallets?

Which client are you using to access Nxt? The answer is different, depending on this.

It's NRS.

you need your password

[bitcoinrocks]

Is there ever a need to re-backup an NXT wallet like there is with BTC and other wallets?

Which client are you using to access Nxt? The answer is different, depending on this.

It's NRS.

you need your password

So as long as I back up my wallet passphrase, I won't ever need to back up that wallet again?

[yassin54]

Is there ever a need to re-backup an NXT wallet like there is with BTC and other wallets?

Which client are you using to access Nxt? The answer is different, depending on this.

It's NRS.

you need your password

So as long as I back up my wallet passphrase, I won't ever need to back up that wallet again?

yes
not lost you passphrase
if you lost your passphrase, you lost wallet
sorry english not good 

[Daedelus]

Yassin is right. Your passphrase is your 'wallet'. Keep it safe and you will always have access to your account.
 
Most crypto users are used to wallet.dat files (which Nxt has too if you prefer them). Nxt uses a brainwallet > http://wiki.nxtcrypto.org/wiki/Glossary#Brainwallet

I prefer the brainwallet, it is simple. Using the default 12 word passphrase is very very secure. Someone would be able to break the cryptography of Nxt (practically impossible gor a very long time) way before they bruteforced the client created passphrase.

[bit73]

I am new to this. How long should the wallet password has to be at least? Is 50 chars enough?

[habraken]

I am new to this. How long should the wallet password has to be at least? Is 50 chars enough?

It's not about the amount of chars (since that can be a Bible quote), but about the randomness.
Just use the suggested random passphrase that the client gives you when creating a new account.

[stereotype]

I am new to this. How long should the wallet password has to be at least? Is 50 chars enough?

It's not about the amount of chars (since that can be a Bible quote), but about the randomness.
Just use the suggested random passphrase that the client gives you when creating a new account.

habraken is correct. Randomness is the number 1 priority when using a passphrase. Never never never use any phrase that can be found in a book, song, online text, etc.

50 characters has to be enough, or Bitcoin private keys would be broken. Actually if you include special characters, as well as numbers, and upper and lower case alphabet characters, 13 will be enough, with current computing power, but not recommended.

Personally, ive had the same NXT account for over a year, and i used the private key characters that this generated .... https://www.bitaddress.org

[Damelon]

Is there ever a need to re-backup an NXT wallet like there is with BTC and other wallets?

Which client are you using to access Nxt? The answer is different, depending on this.

It's NRS.

you need your password

So as long as I back up my wallet passphrase, I won't ever need to back up that wallet again?

The beauty of a brainwallet

[Sebastien256]

Is there ever a need to re-backup an NXT wallet like there is with BTC and other wallets?

Which client are you using to access Nxt? The answer is different, depending on this.

It's NRS.

you need your password

So as long as I back up my wallet passphrase, I won't ever need to back up that wallet again?

The beauty of a brainwallet

Yeah, I really like this feature of Nxt.