| Nxt | Blockchain Platform | Proof of Stake | Official

[freshman777]

I am trying to decide if I should use the online wallet at https://wallet.mynxt.info/ or if I should download and install the nxt wallet onto my pc. I assume the online MyNXT wallet is safe. Any suggestions?

This release should be easy to use in Lite mode.
https://nxtforum.org/index.php?topic=11717.0

[VanBreuk]

I am trying to decide if I should use the online wallet at https://wallet.mynxt.info/ or if I should download and install the nxt wallet onto my pc. I assume the online MyNXT wallet is safe. Any suggestions?

Mine is perhaps not the type of user feedback you're looking for since I am one of the people operating the myNXT service, but just to leave some points to keep in mind:

- MyNXT does not use any central wallet, or hot/cold wallets the way exchanges do. Every online wallet user runs real Nxt account/s through the online wallet interface.
- Users can download a backup of their wallet easily. This allows to open the wallet accounts using the Nxt Client anytime.
- MyNXT does not store the passphrases for users accounts. Users save a master password which is used to sign requests in the client side. This is, your master password (the "secret passphrase" equivalent in MyNXT) never leaves your browser.

So I'd say MyNXT accounts are as safe as user passwords are. Register using strong passwords and keep them securely saved, same as you would do with the Nxt Client.

 

[tyz]

I would use the Supernet client. It is the best lightweight wallet for Nxt and some other crypto currencies at the moment. You can also manage your assets with the client.

I am trying to decide if I should use the online wallet at https://wallet.mynxt.info/ or if I should download and install the nxt wallet onto my pc. I assume the online MyNXT wallet is safe. Any suggestions?

[barabbas]

Question: What will be the relevance of NXT after Ardor is launched? Will it have any at all?

[MrCluster87]

Summer News 2016: https://www.youtube.com/watch?v=-rqpBOw8mRc

[freshman777]

Online wallet not sending registration validation emails, so no new sign-ups; good timing? PC wallet downloading 800,000+ blocks.

Meanwhile you can try release 1.10.0e, it works as a Lite client until the blockchain has downloaded. It means it's fully functional immediately after installation.

[wolffang]

The Ardor website is now available in Mandarin!

www.ardorplatform.org/zh-hans

[cryptodance]

I am trying to decide if I should use the online wallet at https://wallet.mynxt.info/ or if I should download and install the nxt wallet onto my pc. I assume the online MyNXT wallet is safe. Any suggestions?

Mine is perhaps not the type of user feedback you're looking for since I am one of the people operating the myNXT service, but just to leave some points to keep in mind:

- MyNXT does not use any central wallet, or hot/cold wallets the way exchanges do. Every online wallet user runs real Nxt account/s through the online wallet interface.
- Users can download a backup of their wallet easily. This allows to open the wallet accounts using the Nxt Client anytime.
- MyNXT does not store the passphrases for users accounts. Users save a master password which is used to sign requests in the client side. This is, your master password (the "secret passphrase" equivalent in MyNXT) never leaves your browser.

So I'd say MyNXT accounts are as safe as user passwords are. Register using strong passwords and keep them securely saved, same as you would do with the Nxt Client.

 

Thanks for the reply. I decided to download and use the Nxt client.

[lurker10]

Did you know that you can mine NXT in the Lucky node lottery project?
Follow instructions in the link and turn your laptop into a money making machine. You don't wear off your computer, the computational requirements are so low, some people set it up on a solar powered Raspberry Pi.
Run it 24/7 or as often as you can while you work or play. Bandwidth requirements are quite low for modern ISP plans.

Mine NXT, get ARDR.

Now it comes with 3 extra rounds at 20:00, 0:00, 4:00 UTC for the daily total of 15 rounds!

[wolffang]

Official #Nxt Releases > NRS v1.10.1
https://nxtforum.org/nrs-releases/nrs-v1-10-1/

[wolffang]

Dont forget to #vote for the name of the 1st #childchain of #Ardor platform!

https://nxtforum.org/general-discussion/poll-pick-your-3-favorites-to-be-used-for-the-1st-ardor-childchain/

[Flattering Flatulants]

I'm just waiting for the price to crash. Should be seeing a huge sell off in the upcoming weeks, I'm guessing about a month before ardor coins are distributed. I'd like to buy some to get ahold of ardor but I'm not touching anything over 2k sathoshis.

[durerus]

I'm just waiting for the price to crash. Should be seeing a huge sell off in the upcoming weeks, I'm guessing about a month before ardor coins are distributed. I'd like to buy some to get ahold of ardor but I'm not touching anything over 2k sathoshis.

Keep in mind that the total ARDR you will receive is being calculated the following way:

(x/2160) * y with x being the number of hours you hold NXT and y being your NXT balance.

Therefore if you wait until the last month (720 hours) before the snapshot you will only get 720/2160 = 0.33333333 ARDR per NXT you buy.

Personally I dont think 2k sat will be happening within the snapshot period, because that whole Ardor thing put Nxt back in the focus. We have lots of new people interested and invested in Nxt/Ardor as a tech. Many of them will stay until the snapshot of July 2017.

[Mark02]

I'm just waiting for the price to crash. Should be seeing a huge sell off in the upcoming weeks, I'm guessing about a month before ardor coins are distributed. I'd like to buy some to get ahold of ardor but I'm not touching anything over 2k sathoshis.

Keep in mind that the total ARDR you will receive is being calculated the following way:

(x/2160) * y with x being the number of hours you hold NXT and y being your NXT balance.

Therefore if you wait until the last month (720 hours) before the snapshot you will only get 720/2160 = 0.33333333 ARDR per NXT you buy.

Personally I dont think 2k sat will be happening within the snapshot period, because that whole Ardor thing put Nxt back in the focus. We have lots of new people interested and invested in Nxt/Ardor as a tech. Many of them will stay until the snapshot of July 2017.

I wonder if the developer of this project still exist? I think it will also affect the price of the coin. I was holding some NXT but not intended for trading. I just use it for transferring another coin in other exchanging sites. I was just making up my mind if I will invest i this coin for trading. Just making some research 

[barabbas]

I'm just waiting for the price to crash. Should be seeing a huge sell off in the upcoming weeks, I'm guessing about a month before ardor coins are distributed. I'd like to buy some to get ahold of ardor but I'm not touching anything over 2k sathoshis.

Keep in mind that the total ARDR you will receive is being calculated the following way:

(x/2160) * y with x being the number of hours you hold NXT and y being your NXT balance.

Therefore if you wait until the last month (720 hours) before the snapshot you will only get 720/2160 = 0.33333333 ARDR per NXT you buy.

Personally I dont think 2k sat will be happening within the snapshot period, because that whole Ardor thing put Nxt back in the focus. We have lots of new people interested and invested in Nxt/Ardor as a tech. Many of them will stay until the snapshot of July 2017.

As opinions go, it is an interesting one. Then, we have reality. And reality, cold reality, takes a while to sink in. In your OPINION, 2000 sat will not happen even during over more than a year... well, everyone has an opinion of course. One are more reasonable than others, of course. But you indeed DO realize that NOTHING OF VALUE has been brought up here, to this entire project or ecosystem or whatever you want to call it. Nothing at all whatsoever... while the price has quadrupled in the last few weeks. Oh we have heard of no doubt the LONGEST EVER IN CRYPTO road to something called "child chains" that, supposedly, will be delivered in a year or so (July 2017). But these so-called "child chains" will have some value, if and when delivered, we all assume... except that we have absolutely no measure to contrast that possible value. At least 100 -probably many, many more-, projects, not only in crypto but in more legitimate realities, have been investing billions of dollars, for years now, in the development of the so-called "blockchain technology"... with nothing so far to show for it. Nothing at all whatsoever. But our roadmap says we will have, marvel or marvels, "child chains" ready to go and implemented in 12 months and with practically no investment, geniuses that we are. Then you -well, them-, assume there's going to be crazy demand for those things and we will be able to SELL () THEM to entrepreneurs (?) and the like for millions... of hundreds of thousands. We assume this because our marketing studies have shown us that demands exists? Oh wait...

Cold reality is that whatever those "child chains" are, by July 2017 if they are ready for implementation they would be probably available at Costco for very little money and certainly at Amazon for peanuts and with next day delivery for free... so to speak. Not to mention that if there ever was any demand for them, called "brother chains", "sister chains", BFF chains", "cousin chains" or anything in that vein, will be offered by a host of shit coins right here, some of them with the seal of creator approval by people much, much, MUCH highly regarded than the "NXT Team" and project of much, much, MUCH higher level, such as Ethereum who has the talent and the financial means to pull much more challenging feats than Next.

But, like yours, this is just my opinion. What do I know, right?

[lurker10]

A lottery for NXT.

The rules are simple.
The ticket costs 10 NXT. This is how you buy it.
Open the Send NXT form, type in Recipient account NXT-YXC4-RB92-F6MQ-2ZRA6

10 NXT for Amount, click on Add a Message, in the Message field write 5 comma separated numbers from 0 to 30, numbers can be in any order. Example:
5,12,0,30,27

Check off the Encrypt Message box, the message must be publicly visible on the blockchain for transparency.
Click Send and your registration for the next lottery is completed.

DO NOT SEND FROM EXCHANGES!

Lottery will run every week, on Sunday, 18:00 UTC.

5% of the funds goes to service transaction fees. Surplus funds left after tx fees will be donated to the Lucky node lottery jar. This is a non profit project. All incorrectly formatted payments and payments of less than 10 NXT are considered donations and will go straight to the Lucky node lottery jar. If you lose in the lottery you still win supporting Nxt

Entire funds since last lottery are always paid to winners, less 5% service fee, less incorrectly formatted transfers. No jackpot funds held in the account, very simple accounting.
60% goes to who will guess all 5 numbers correctly.
25% - 4 numbers.
15% - 3 numbers.
There will be winners in each lottery, because the lottery will generate thousands of 5-number sequences to simulate thousands of participants until at least one combination matches the combination from one or more tickets. The order of numbers is not important. There can be several winners for each of 3,4,5 combinations in one lottery, but it can be predicted that for 4,5 combinations the odds of getting more than 1 winner are pretty low. If there are several winners, the prize is split between them, for instance, the 3-number 15% prize is split in two if there are two winners, each getting 7.5%.
Prizes are paid instantly around 18:00 UTC, Sunday.
Discussion thread: https://nxtforum.org/general-discussion/lottery/

[PilotofBTC]

A lottery for NXT.

Entire funds since last lottery are always paid to winners, less 5% service fee, less incorrectly formatted transfers. No jackpot funds held in the account, very simple accounting.
60% goes to who will guess all 5 numbers correctly.
25% - 4 numbers.
15% - 3 numbers.

Cool. So you are forcing a winner right?

BTW: 60% + 25% + 15% doesn't equal 100%. I assume you are keeping 10% of all ticket "buys". If so, that means "entire funds are paid" isn't true.

EDIT! DOH! Math is hard.  Never mind.

[LitcoinCollector]

A lottery for NXT.

Entire funds since last lottery are always paid to winners, less 5% service fee, less incorrectly formatted transfers. No jackpot funds held in the account, very simple accounting.
60% goes to who will guess all 5 numbers correctly.
25% - 4 numbers.
15% - 3 numbers.

Cool. So you are forcing a winner right?

BTW: 60% + 25% + 15% doesn't equal 100%. I assume you are keeping 10% of all ticket "buys". If so, that means "entire funds are paid" isn't true.

Better do a recount...

[lurker10]

A lottery for NXT.

Entire funds since last lottery are always paid to winners, less 5% service fee, less incorrectly formatted transfers. No jackpot funds held in the account, very simple accounting.
60% goes to who will guess all 5 numbers correctly.
25% - 4 numbers.
15% - 3 numbers.

Cool. So you are forcing a winner right?

BTW: 60% + 25% + 15% doesn't equal 100%. I assume you are keeping 10% of all ticket "buys". If so, that means "entire funds are paid" isn't true.

EDIT! DOH! Math is hard.  Never mind.

Thousands of sequences of 5 numbers are generated till at least one winner is found amongst lottery players, this operation happens three times: for 5-, 4-, and 3-number prizes. Yes, you could say it's forcing a winner. I don't know of other way to run this to the logical end with a small number of players unlike national lotteries where they have thousands of people playing.

I keep 5% to pay transaction fees, anything left after tx fees will go to support the Lucky node lottery which is not a lottery but an imitation of coin mining in Nxt - everyone should check it out and join in if you got a spare computer collecting dust that could be turned into a mining node. All the gains are pocketed by lottery players and public node operators Get a beer, play it, have fun.

[PilotofBTC]

A lottery for NXT.

Entire funds since last lottery are always paid to winners, less 5% service fee, less incorrectly formatted transfers. No jackpot funds held in the account, very simple accounting.
60% goes to who will guess all 5 numbers correctly.
25% - 4 numbers.
15% - 3 numbers.

Cool. So you are forcing a winner right?

BTW: 60% + 25% + 15% doesn't equal 100%. I assume you are keeping 10% of all ticket "buys". If so, that means "entire funds are paid" isn't true.

EDIT! DOH! Math is hard.  Never mind.

Thousands of sequences of 5 numbers are generated till at least one winner is found amongst lottery players, this operation happens three times: for 5-, 4-, and 3-number prizes. Yes, you could say it's forcing a winner. I don't know of other way to run this to the logical end with a small number of players unlike national lotteries where they have thousands of people playing.

I keep 5% to pay transaction fees, anything left after tx fees will go to support the Lucky node lottery which is not a lottery but an imitation of coin mining in Nxt - everyone should check it out and join in if you got a spare computer collecting dust that could be turned into a mining node. All the gains are pocketed by lottery players and public node operators Get a beer, play it, have fun.

Cool sounds good.

You could run it like the national lotteries by adjusting the odds of winning up based on how many combinations of numbers there are. Then just let it roll over until someone wins. Just like the real lotto, as the jackpot gets bigger, you'll get more tickets purchased.

[and yea, I'm in the forging node lotto and won once so far]