| Nxt | Blockchain Platform | Proof of Stake | Official

[Built]

Is next a good long term investment?

[zuqka]

Is next a good long term investment?

http://cfa-consulting.ch/dlfiles/Crypto_Guide_For_Investors_EN.pdf

Read it then decide for yourself!

[Picasso7]

which way will i obtain profit from lease balance - pool will send me automatically each week ?

[Damelon]

NEW RELEASE

https://nxtforum.org/nrs-releases/nrs-v1-3-5/

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Release 1.3.5

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-client-1.3.5.zip

sha256:

53ae6b17052024e7f1b8d1eba898f4e67f7f4ccf5dc80a6edc89aded826c9a76  nxt-client-1.3.5.zip


Change log:

Added getDGSTagCount API, allow getDGSGoodsCount and getDGSPurchaseCount to be
used also to get total goods or purchase counts.

Added completed parameter to getDGSGoodsPurchases, getDGSGoodsPurchaseCount,
getDGSPurchaseCount, getDGSPurchases, to allow querying for completed purchases
only. Added withPublicFeedbacksOnly parameter to getDGSPurchaseCount.

Secondary sort of search results after sorting by relevance, by timestamp if
for any seller, or by name and then by timestamp if for a single seller.

Improved performance of Marketplace page, show counts for goods in stock only.

Increased default purchase delivery deadline to 168 hours (1 week).

Include full peer info in getPeers API if includePeerInfo=true, to avoid having
to do a separate getPeer request for each peer.

Include cumulativeDifficulty in the block JSON.

Allow transaction signing in signTransaction to skip the validation of the
transaction bytes being signed, if an optional validate=false parameter is added.
This would be useful when signing transaction bytes on a machine that doesn't have
the full blockchain downloaded, which normally prevents validation.

Allow sending messages with no recipient.

Automatically blacklist peers with version older than 1.2.0.

UI improvements of the API /test page.

Changed nxt-default.properties to enable MVCC by default, to avoid database lock
timeout errors.

Updated jetty to version 9.2.6. If unpacking on top of a previous installation,
delete your lib directory first to remove the old jetty libraries.


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[Damelon]

which way will i obtain profit from lease balance - pool will send me automatically each week ?

With the nxtcrypto pool you need to send a message:

To claim your earnings, simply send an AM (can be empty or put whatever you want in there) to the pool account 1460178482 and after this AM has 1440 comfirmations, your confirmed earnings will be sent to you, minus NXT transfer fee.

http://pool.nxtcrypto.org/howto.html

You can do this easily within your client by sending an empty message to account NXT-K5KL-23DJ-3XLK-22222 (which is account 1460178482)

[Picasso7]

which way will i obtain profit from lease balance - pool will send me automatically each week ?

With the nxtcrypto pool you need to send a message:

To claim your earnings, simply send an AM (can be empty or put whatever you want in there) to the pool account 1460178482 and after this AM has 1440 comfirmations, your confirmed earnings will be sent to you, minus NXT transfer fee.

http://pool.nxtcrypto.org/howto.html

You can do this easily within your client by sending an empty message to account NXT-K5KL-23DJ-3XLK-22222 (which is account 1460178482)

ok, thank
so i should send AM before my leasing time time run out or after my leasing period expire

[achimsmile]

which way will i obtain profit from lease balance - pool will send me automatically each week ?

With the nxtcrypto pool you need to send a message:

To claim your earnings, simply send an AM (can be empty or put whatever you want in there) to the pool account 1460178482 and after this AM has 1440 comfirmations, your confirmed earnings will be sent to you, minus NXT transfer fee.

http://pool.nxtcrypto.org/howto.html

You can do this easily within your client by sending an empty message to account NXT-K5KL-23DJ-3XLK-22222 (which is account 1460178482)

ok, thank
so i should send AM before my leasing time time run out or after my leasing period expire

from pool.nxtcrypto.org:

Payouts
To claim your earnings, simply send an AM (can be empty or put whatever you want in there) to the pool account 1460178482 and after this AM has 1440 comfirmations, your confirmed earnings will be sent to you, minus NXT transfer fee.

[Damelon]

which way will i obtain profit from lease balance - pool will send me automatically each week ?

With the nxtcrypto pool you need to send a message:

To claim your earnings, simply send an AM (can be empty or put whatever you want in there) to the pool account 1460178482 and after this AM has 1440 comfirmations, your confirmed earnings will be sent to you, minus NXT transfer fee.

http://pool.nxtcrypto.org/howto.html

You can do this easily within your client by sending an empty message to account NXT-K5KL-23DJ-3XLK-22222 (which is account 1460178482)

ok, thank
so i should send AM before my leasing time time run out or after my leasing period expire

Any time is fine.
They will send the funds when you want even when your lease time has expired

Do remember that it will take 1440 blocks for them to send this, that's about 1,5 days.

[LiQio]

Cointelegraph: "Nxt Wants to Be a Digital Infrastructure of Everything"

http://cointelegraph.com/news/113123/nxt-wants-to-be-a-digital-infrastructure-of-everything

[Damelon]

NEW EXPERIMENTAL RELEASE: https://nxtforum.org/nrs-releases/nrs-v1-4-0e/

New features:

Monetary System.
Dividend payment transaction.
Delete alias transaction.
Message pattern in AccountInfo.

This is the experimental release to test the new Monetary System major feature.

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Release 1.4.0e

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-client-1.4.0e.zip

sha256:

9322c03f7e9ddc97278de25a4f14006f00d0c88974c10fabef8d3f031f1aa668  nxt-client-1.4.0e.zip


Change log:

This is the experimental release to test the new Monetary System major feature.
It is enabled on testnet, and those running testnet nodes should upgrade to this
release, even if they don't plan to use the MS features, otherwise will be left
on a fork. This release is also possible to run on main net, but is not to be
considered stable for production use there. The Monetary System block is not yet
defined for main net.


New features:

Monetary System.
See https://bitbucket.org/JeanLucPicard/nxt/issue/205/monetary-system-documentation
for a detailed description.
See https://bitbucket.org/JeanLucPicard/nxt/issue/207/mint-worker-utility for a
description of the MintWorker tool for currency minting.

Dividend payment transaction. Asset issuers can make a dividend payment to all
asset holders with a single transaction. Required parameters are the blockchain
height at which asset holders shares will be counted (must be less than 1440
blocks in the past), and the amount to be paid per share.

Delete alias transaction. The owner of an alias can now delete it completely,
thus making the alias available for anyone to reserve again if desired.

Message pattern in AccountInfo. An account owner can set a regular expression
pattern in the AccountInfo for his account, using the setAccountInfo API.
Once such a pattern has been set, incoming transactions to this account are only
accepted if they contain a plain text message which matches this pattern. The
syntax follows the java.util.regex.Pattern specification.


API changes:

After MS block, adding a public key announcement when sending a transaction to
an account without a public key will be optional.

Added withMessage boolean parameter to getAccountTransactions and
getAccountTransactionIds APIs, to return only transactions having a message
attachment, either non-encrypted or decryptable by the account.

Added optional includeLessors, includeAssets, and includeCurrencies boolean
parameters to getAccount API. Set to false when retrieving those data is not
needed, in order to improve the getAccount performance.

After MS block, sending messages, selling aliases, and leasing balances, to the
Genesis account, will be disallowed.

The popOff debug API now allows pop off of more than max rollback number of
blocks, triggering a full rescan in such case.


Internal changes:

After the Monetary System block, the order in which transactions in a block are
executed will be determined by the block forger, instead of by id, default being
by arrival time at the forger's node.

Improvements in blockchain download to prevent getting stuck on the wrong fork.
Nodes will download blocks in batches of not more than 719 blocks at a time
from a single peer, and after each such batch will verify  with
nxt.numberOfForkConfirmations other peers (default 5) if this is the best
fork, before continuing, unless the downloaded batch is of less than 10 blocks.

Rescan status is now saved in the database, to prevent the database from being
left in an inconsistent state when a rescan fails or is interrupted. Once a
rescan has been scheduled, it will be triggered again at restart, until it
completes successfully.

Improvements in the processing of unconfirmed transactions.

This release will perform a rescan on first start.


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[Daedelus]

Which tech will survive in the future?

https://bitcointalk.org/index.php?topic=895328

[yassin54]

Which tech will survive in the future?

https://bitcointalk.org/index.php?topic=895328

Done!!! 

[Damelon]

UPDATE

https://nxtforum.org/nrs-releases/nrs-v1-4-1e/

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Release 1.4.1e

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-client-1.4.1e.zip

sha256:

2777a11b701170d7decc01bb82a9049abc37bd293374f852d1810c8195d9842b  nxt-client-1.4.1e.zip


Change log:

This is a bugfix release following 1.4.0e.

Fixed Currency Exchange Booth not working. Fixed currency decimals issue.

Fixed minor bugs in MS transaction validation.

Show total alias count in aliases page. Alias deletion and dividend payment
UI fixes.


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[Picasso7]

which way will i obtain profit from lease balance - pool will send me automatically each week ?

With the nxtcrypto pool you need to send a message:

To claim your earnings, simply send an AM (can be empty or put whatever you want in there) to the pool account 1460178482 and after this AM has 1440 comfirmations, your confirmed earnings will be sent to you, minus NXT transfer fee.

http://pool.nxtcrypto.org/howto.html

You can do this easily within your client by sending an empty message to account NXT-K5KL-23DJ-3XLK-22222 (which is account 1460178482)

ok, thank
so i should send AM before my leasing time time run out or after my leasing period expire

Any time is fine.
They will send the funds when you want even when your lease time has expired

Do remember that it will take 1440 blocks for them to send this, that's about 1,5 days.

i already earned 0.01 nxt = it´s 0.0001517263707174008 $
It looks promising

[Damelon]

which way will i obtain profit from lease balance - pool will send me automatically each week ?

With the nxtcrypto pool you need to send a message:

To claim your earnings, simply send an AM (can be empty or put whatever you want in there) to the pool account 1460178482 and after this AM has 1440 comfirmations, your confirmed earnings will be sent to you, minus NXT transfer fee.

http://pool.nxtcrypto.org/howto.html

You can do this easily within your client by sending an empty message to account NXT-K5KL-23DJ-3XLK-22222 (which is account 1460178482)

ok, thank
so i should send AM before my leasing time time run out or after my leasing period expire

Any time is fine.
They will send the funds when you want even when your lease time has expired

Do remember that it will take 1440 blocks for them to send this, that's about 1,5 days.

i already earned 0.01 nxt = it´s 0.0001517263707174008 $
It looks promising

Remember that the same with electricity and normal mining, you also have a cost of 1 nxt per minted coin in transaction fees!
So you will need to calculate the minting unit well  

https://bitbucket.org/JeanLucPicard/nxt/issue/207/mint-worker-utility

Additional Best practices
Never set the isSubmitted flag to true unless you are absolutely sure what's you are doing. You may end up paying a lot of fees and spamming the blockchain.
Always start by minting 1 unit per mint and observe the log messages printed by the mint worker. Look at the hash rate and the number of seconds per transactions. Adjust the nxt.mint.unitsPerMint setting so that the mint worker solves no more than one hash per hour but also consider that a single mint cannot mint more than 1/10000 of the total unit supply.

[Picasso7]

don´t understand 

[Daedelus]

which way will i obtain profit from lease balance - pool will send me automatically each week ?

With the nxtcrypto pool you need to send a message:

To claim your earnings, simply send an AM (can be empty or put whatever you want in there) to the pool account 1460178482 and after this AM has 1440 comfirmations, your confirmed earnings will be sent to you, minus NXT transfer fee.

http://pool.nxtcrypto.org/howto.html

You can do this easily within your client by sending an empty message to account NXT-K5KL-23DJ-3XLK-22222 (which is account 1460178482)

ok, thank
so i should send AM before my leasing time time run out or after my leasing period expire

Any time is fine.
They will send the funds when you want even when your lease time has expired

Do remember that it will take 1440 blocks for them to send this, that's about 1,5 days.

i already earned 0.01 nxt = it´s 0.0001517263707174008 $
It looks promising

Remember that the same with electricity and normal mining, you also have a cost of 1 nxt per minted coin in transaction fees!
So you will need to calculate the minting unit well  

https://bitbucket.org/JeanLucPicard/nxt/issue/207/mint-worker-utility

Additional Best practices
Never set the isSubmitted flag to true unless you are absolutely sure what's you are doing. You may end up paying a lot of fees and spamming the blockchain.
Always start by minting 1 unit per mint and observe the log messages printed by the mint worker. Look at the hash rate and the number of seconds per transactions. Adjust the nxt.mint.unitsPerMint setting so that the mint worker solves no more than one hash per hour but also consider that a single mint cannot mint more than 1/10000 of the total unit supply.

I think this is mixing up two things.


It appears Picasso is leasing his forging balance to ForkedChain/OpticalCarriers Forging pool, pool.nxtcrypto.org. You do need to account for 1 NXT fee to lease to the pool and 1 NXT fee to have your forged balance sent back to you. So there is a floor amount of Nxt where below which you would make a (tiny ~2NXT) loss even after leasing, as you don't make enough to cover the transaction fees.


The mint utility worker is the 'mining rig' of the mintable bit of Monetary System. I think you only use the mint worker utility if you want to POW a MSCoin. It is a stop gap >>> "We hope that in the future 3rd party developers will adapt this utility for use with CPUs, GPUs and Asics to optimize the hashing performance."

[Damelon]

don´t understand 

Sorry, Daedelus is correct.
I was posting and researching a lot about the new feature Monetary Systems that I got it mixed up with you pooling 

Apologies for your confusion and congrats on your first forged Nxt

[Damelon]

I would like to point everyone to this original research done by Alexander Chepurnoy on PoS and specifically the "Nothing at Stake" problem.

For more PoS research articles, please go to http://chepurnoy.org/ and https://github.com/ConsensusResearch

Paper on different attacks related to multibranching forging is published by Consensus Research https://github.com/ConsensusResearch/articles-papers/blob/master/multistrategy/multistrategy.pdf

TL/DR version and consequences:

- multibranch forging gives measurable possibility to earn more fees. I guess Nxt should not ignore it in long-term as the profitable activity will be implemented by somebody sooner or later

- there's no long-range attack against a blockchain V. Buterin described, only short-range. The short-range attack doesn't allow double-spending but gives multibranching forger possibility to earn more fees in singlebranch environment by producing few blocks in a row. However producing few blocks in a row could be an issue too (e.g. evil forger may postpones orders submissions etc) but not critical at the moment.

- not explicitly stated in the paper but easily derived, a long delay between blocks not only annoying but also a security problem as it's the moment for short-range attack could happens

- we have formally defined nothing-at-stake attack(again, using Buterin's informal definition) and made initial simulations. We haven't included their results in paper as they are seems to be too raw, but I can reveal them here: N@S attack could happens only in short-range, e.g. for within 20 blocks for 10% stake, so with 30 confirmations we haven't observed the successful attack. Also please note the attack has pretty unpredictable nature for attacker, so he can hardly enforce it, even in theory(in practice it's even harder to get it done properly). The correlation with stake size is still the open question, but it's nearly impossible to attack a proof-of-stake currency with "1% stake even" as stated by Buterin

- the N@S simulation tool is published also https://github.com/ConsensusResearch/MultiBranch  so feel free to make your own experiments

[visual111]

I would like to point everyone to this original research done by Alexander Chepurnoy on PoS and specifically the "Nothing at Stake" problem.

[/quote]


is this kushi?