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[Ezravdb]

Encrypted messages

[1714188136]

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[1714188136]

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[1714188136]

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[San1ty]

Can someone please send me some NXT to get started? Faucet for some reason doesnt want to send anything.

17063113680221230777

They are less than 6 cents. Why not spend a buck or two? 

Maybe he doesn't want to go through fiat-bitcoin-nxt process for just 1-2 bucks ;P

I have just seen you some NXT, should be OK to test it. Remember to secure your account sending one nxt somewhere/registering alias/w/e.

DLXS

Exactly, Thanks for helping me out! Im just find out about NXT and am playing around with it .

[Breasal]

Can someone please send me some NXT to get started? Faucet for some reason doesnt want to send anything.

17063113680221230777

They are less than 6 cents. Why not spend a buck or two?  

Maybe he doesn't want to go through fiat-bitcoin-nxt process for just 1-2 bucks ;P

I have just seen you some NXT, should be OK to test it. Remember to secure your account sending one nxt somewhere/registering alias/w/e.

DLXS

Exactly, Thanks for helping me out! Im just find out about NXT and am playing around with it .

Hard to believe a senior member just found out about nxt!

Welcome none-the-less. Just sent a few...

Edit: check out the asset exchange: http://nxtblocks.info/#section/assets_exchange

To add an asset on the client (v1.1.4), select in the top right corner of AE tab, "add asset" button and add asset account number from the above link. Buy some love...or not.  

[San1ty]

Can someone please send me some NXT to get started? Faucet for some reason doesnt want to send anything.

17063113680221230777

They are less than 6 cents. Why not spend a buck or two? 

Maybe he doesn't want to go through fiat-bitcoin-nxt process for just 1-2 bucks ;P

I have just seen you some NXT, should be OK to test it. Remember to secure your account sending one nxt somewhere/registering alias/w/e.

DLXS

Exactly, Thanks for helping me out! Im just find out about NXT and am playing around with it .

Hard to believe a senior member just found out about nxt!

Welcome none-the-less. Just sent a few...

Haha, yeah well it's hard to keep track of everything, especially all those alt-coins. I have been playing around with the nxtra client and I'm really liking it.

By the way thanks a lot!

[Daedelus]

RE: Fee discussion...

Hubs will set tx fee by using Hub terminal announcement transactions ("minFeePerByte" field).

That is a good idea, I think, how to get this idea (market price) implement in the nxt core?

Hubs have to announce their terminals to receive transactions to, they'll also announce what fee they charge per byte. This is already implemented.

Source: Come-from-Beyond's posts on Nxtforum.org from June 1st ish.



Edit: For clarity, this means is there will be a minimum fee based on a "Nxt per byte of information", set by the hubs that process the transactions.

Hubs are likely to then compete for transactions, while covering their costs, and a market rate for transaction fees will be found.

This will also act as a spam prevention mechanism as spamming the blockchain will have a linearly increasing cost.

[Daedelus]

RE: Ethereum

Is everyone fully up to speed with the capabilites (and limits) of both Nxt Automated Transactions (AT) and Ethereum?

From what I read, the impression I get is there might not be a lot in it.

RE: Turing Complete: (Tabloid style cherry picking follows...)

Turing Completeness has no real value for crypto systems, it's mainly used as a mystical totem to charm investors and the general community into thinking that they've got something useful (they don't).  The term 'Turing Complete' has been part of the Bitcoin literature for some time- because they advertised the scripts as being specifically *non-Turing Complete* as a feature!  it wasn't a limitation.

Source: Read the full context discussion @ https://nxtforum.org/automated-transactions/ats-with-fsm-based-dsl/ Skip the bits you don't understand, especially the first post (just like I did     ) I think l8orre's post is the most comprehensible when talking about Turing Completeness (though it is still too abstract to my mind to grasp...)


I have the impression CIYAM (AT developer) isn't too worried about Ethereum either but he might want to correct me 

[devphp]

Can anyone give a hint, if I stop forging for a few hours, turn off my computer, then come back and start forging again, I heard there is a penalty, what kind of?

[Daedelus]

Can anyone give a hint, if I stop forging for a few hours, turn off my computer, then come back and start forging again, I heard there is a penalty, what kind of?

I believe the penalty is a feature of full Transparent Forging, when the order of forgers is known in advance. If you miss your turn, then your forging power is reduced to zero for 1440 blocks. This is the penalty I think you refer to, to stop anyone trying any funny business in their tracks.

At the moment, we have about 50% of transparent forging implemented. It currently works on what you might think of as a prize draw/lottery. When you are forging, you are in the drawing room with your tickets (NXT) and listening to the draw results. When you stop forging, you just leave the room so can't win the draw anymore. When you come back, your tickets are still eligible and there is no penalty. Your tickets still have a specific chance of winning as before and the longer you stay in the room (forge) the more likely your ticket will come up.

This is the best of my understanding, I am happy to be corrected if I am wrong   Anon136 is writing a paper on TF so has a good understanduing of what 'is' and what 'will be'.

[devphp]

I believe the penalty is a feature of full Transparent Forging, when the order of forgers is known in advance. If you miss your turn, then your forging power is reduced to zero for 1440 blocks. This is the penalty I think you refer to, to stop anyone trying any funny business in their tracks.

At the moment, we have about 50% of transparent forging implemented. It currently works on what you might think of as a prize draw/lottery. When you are forging, you are in the drawing room with your tickets (NXT) and listening to the draw results. When you stop forging, you just leave the room so can't win the draw anymore. When you come back, your tickets are still eligible and there is no penalty. Your tickets still have a specific chance of winning as before and the longer you stay in the room (forge) the more likely your ticket will come up.

This is the best of my understanding, I am happy to be corrected if I am wrong   Anon136 is writing a paper on TF so has a good understanduing of what 'is' and what 'will be'.

Ok, thank you, yeah I was probably referring to TF although I had no idea. I just heard penalty mentioned and was concerned a bit what happens if I 'leave the room' for a few hours

[brooklynbtc]

No penalty. Just no chance to forge.  How many NXT do you have forging?

[devphp]

No penalty. Just no chance to forge.  How many NXT do you have forging?

Less than I'd like to, I should probably lease to a pool when I've played enough with it

[PilotofBTC]

Hi Folks. I'd would be really nice if we could get some more trade volume over at ShareXCoin https://sharexcoin.com/market/NXT_BTC. The price there is quite a bit higher than BTER at this moment... I expect that is due to low volume.  But, someone could make a few bucks on Arbitrage right now anyway.

[kelpa]

how long it takes approx with 50k NXT to find a block? 

[sartech]

how long it takes approx with 50k NXT to find a block? 

i would like to know this to. pls some1 enlighten us

[achimsmile]

how long it takes approx with 50k NXT to find a block? 

i would like to know this to. pls some1 enlighten us

About once a week or a little less.
Please keep in mind that forging won't make anyone rich, it's for protecting the network.

[kelpa]

how long it takes approx with 50k NXT to find a block? 

i would like to know this to. pls some1 enlighten us

About once a week or a little less.
Please keep in mind that forging won't make anyone rich, it's for protecting the network.

Do I have to keep the pc always running, or can I also turn it off, and then continue where I left off?

how big can be the block approx? between 500 - 4000 NXT?

Thanks for the answer

[salsacz]

We want translate video( Asset Exchange and  Nxt. Evolution of money) for russian speaking people. Need 10 000NXT to this account NXT-HFCH-XE2Z-2QHR-AD57Z. We collected 7549NXT. Message in russian thread https://bitcointalk.org/index.php?topic=345882.msg7033295#msg7033295
Best regards.

sent remaining 2,4k from the small-funds

[Ezravdb]

5,1 average fee per block

Stop thinking forging will make you rich

[achimsmile]

Think of it like a lottery. Each block is a win. Each time there's a small chance that you are the generator of the block, IF your client is connected to the network.

When you turn your pc off, you won't generate any blocks, as soon as you turn it on again, you'll have the same chance to forge the next block as before.

Most blocks contain 0-10 Nxt.

[kelpa]

5,1 average fee per block

Stop thinking forging will make you rich

Sorry  5,1 NXT per block