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Author Topic: [NXT] Development Discussion - The dev plan that keeps on delivering  (Read 22157 times)
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Daedelus (OP)
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December 17, 2014, 11:09:21 AM
 #61

Experimental release of Monetary System Released

For advanced users for testing/debugging. Everyone else wait for the 1.4.0 version.


Monetary System is Nxt's implementation of Sidechains. It allows coins, vouchers, crowd funding and other features to be built on top of and secured by the Nxt blockchain. Whoop! Grin


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

Release 1.4.0e

[Link removed, go to https://nxtforum.org/nrs-releases/nrs-v1-4-0e]

sha256:

[SHA removed, go to https://nxtforum.org/nrs-releases/nrs-v1-4-0e]


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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December 17, 2014, 02:35:56 PM
 #62

OMG....sidechains implementation !!
Admittedly, it's only on TestNet, but it looks like we'll have a live Monetary System/sidechains in the New Year.

Nulli Dei, nulli Reges, solum NXT
Love your money: www.nxt.org  www.ardorplatform.org
www.nxter.org  www.nxtfoundation.org
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December 18, 2014, 09:04:47 AM
 #63

The system works, thanks to testers. Please continue trying to break MS  Grin


New testnet version below. Again, for advanced users only.


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

Release 1.4.1e

[Link removed, see original post at https://nxtforum.org/nrs-releases/nrs-v1-4-1e]

sha256:

[sha256 removed, see original post at https://nxtforum.org/nrs-releases/nrs-v1-4-1e]


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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December 18, 2014, 12:35:42 PM
 #64

The system works, thanks to testers. Please continue trying to break MS  Grin


New testnet version below. Again, for advanced users only.


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

Release 1.4.1e

[Link removed, see original post at https://nxtforum.org/nrs-releases/nrs-v1-4-1e]

sha256:

[sha256 removed, see original post at https://nxtforum.org/nrs-releases/nrs-v1-4-1e]


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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Yes nxt did a great work, but the sad thing is no body to use it.
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December 18, 2014, 12:40:08 PM
 #65

It is only on testnet now. Do you mean in the future?

Even so, I'll wait for the release before judging how successful it is. There is analysis tools of the Nxt blockchain being created that I am confident will show a steadily increasing number of transactions per day, along with the dwindling number of empty blocks. I can't show you the proof yet but I don't think you will be able to deny that Nxt isn't slowly being adopted and used.
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December 24, 2014, 08:53:28 AM
 #66

is there any method or mining software to mine the nxt coin??
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December 26, 2014, 05:56:04 PM
 #67

is there any method or mining software to mine the nxt coin??

No. It is a 100% PoS coin. Not mining involved to secure the network.
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December 28, 2014, 03:20:28 AM
 #68

The Nxt Team appears to be quite serious about the coin which is more than I can say for most so it might have some potential.

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December 28, 2014, 03:42:27 AM
 #69

The Nxt Team appears to be quite serious about the coin which is more than I can say for most so it might have some potential.

Very true. Arguably, Nxt has the biggest band of coders developing it. But Nxt is going to require patience.

If you're interested, the all-time chart shows [click the "All button on the Coinmarketcap Nxt page to see it] that 5000 satoshis or lower has been a good entry point. It's near there now. 






██████████████████████████████████████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████▄▄▄███████████████████████
███████████████████████████████████████████████████████████████████████▀▀▀████████████████████████
██████████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████████





...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






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December 28, 2014, 03:50:47 AM
 #70

The Nxt Team appears to be quite serious about the coin which is more than I can say for most so it might have some potential.

Very true. Arguably, Nxt has the biggest band of coders developing it. But Nxt is going to require patience.

If you're interested, the all-time chart shows [click the "All button on the Coinmarketcap Nxt page to see it] that 5000 satoshis or lower has been a good entry point. It's near there now. 
The  chart shows NXT as a damp and pump coin.
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December 28, 2014, 04:39:09 AM
 #71

NXT needs more marketing and promotion. It should be top five easily.
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December 28, 2014, 02:40:13 PM
 #72

NXT needs more marketing and promotion. It should be top five easily.

Yeah this is true. Nxt leaks marketing.This is a topic which had been discussed and in future I'm sure regarding this improvements will be done.
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mining is so 2012-2013


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December 28, 2014, 03:35:50 PM
 #73

Is Monetary system really side chains in the same sense that Blockstream is using the term side chains?  

Is there a link where I can read more about this?

I'm asking because it looked like to me that the new currencies are created in the NXT client and managed on the NXT blockchain, maybe in a similar way to the AE? 

I think it is really cool that I can make my own currency. hahahaha

But does this side chain need to be secured by third parties then?

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December 28, 2014, 06:02:04 PM
 #74

The Nxt Team appears to be quite serious about the coin which is more than I can say for most so it might have some potential.

Very true. Arguably, Nxt has the biggest band of coders developing it. But Nxt is going to require patience.

If you're interested, the all-time chart shows [click the "All button on the Coinmarketcap Nxt page to see it] that 5000 satoshis or lower has been a good entry point. It's near there now. 
The  chart shows NXT as a damp and pump coin.

To me, it shows a coin in a long-term trading range.






██████████████████████████████████████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████▄▄▄███████████████████████
███████████████████████████████████████████████████████████████████████▀▀▀████████████████████████
██████████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████████





...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






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December 28, 2014, 06:31:52 PM
 #75

Nxt continues to set the bar...  Grin

Monetary System goes live on the mainnet at block 330000

This will be a hard fork, upgrade to the latest version 1.4.5 before block 330000 or be left on a fork.


Whoop  Grin


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

Release 1.4.5

[Go to https://nxtforum.org/nrs-releases/nrs-v1-4-5]

sha256:
[deleted]

Change log:

Enable Monetary System at block 330000. This is a hard fork, therefore everybody
should upgrade to 1.4.5 or later before that.

If upgrading from 1.3.x, read the 1.4.0e and later changelogs for the important
changes and new features introduced in the 1.4 series.


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January 02, 2015, 10:46:22 PM
 #76

Testers still busy at work, upgrade to version 1.4.6 to ensure a smooth transition.

If you want to test Monetary System so you know how to use it on launch day, see here >>> https://nxtforum.org/general-discussion/%28core%29-hardfork-on-330000

Monetary System goes live roughly 10th January, block 330000



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

Release 1.4.6
[removed, see https://nxtforum.org/nrs-releases/nrs-v1-4-6/ for Jean-Luc's message]

sha256:

[removed]


Change log:

Set MS block to 330000 in the UI too, so that the MS features menu appears
after that height.

Enforce that currency exchange offer expiration height is after the current
blockchain height.

Refactoring of the UI html, splitting index.html into multiple files.

Added offer and transfer links to currency exchange booth UI.

This release will perform a rescan on testnet only, with a rollback to block
159305.


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January 02, 2015, 11:06:09 PM
 #77

Will we need to install a new wallet version before the Monetary System goes live?
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January 02, 2015, 11:10:20 PM
 #78

Will we need to install a new wallet version before the Monetary System goes live?

Yes, version 1.4.x is a hardfork (as all recent major features have been and will be in the future).

If you don't have v1.4 by the time block 330000 comes around, you will be on a permanent fork and won't see anything related to MS. Obviously, the latest version of 1.4.x will have the most up to date bug fixes.


As a side note, anyone currently running anything before v 1.2 are being actively blacklisted by the Nxt protocol automatically. So upgrade if you want to stay part of the network  Grin
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January 02, 2015, 11:10:56 PM
 #79

Will we need to install a new wallet version before the Monetary System goes live?

For now, install 1.4.6: https://nxtforum.org/nrs-releases/nrs-v1-4-6/
Indeed, 1.4.6 is a hard fork.

If another version is release, I would keep it up to date if the release is another hardfork.



Nxt official forum at: https://nxtforum.org/
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January 02, 2015, 11:12:54 PM
 #80

Will we need to install a new wallet version before the Monetary System goes live?

For now, install 1.4.6: https://nxtforum.org/nrs-releases/nrs-v1-4-6/
Indeed, 1.4.6 is a hard fork.

If another version is release, I would keep it up to date if the release is another hardfork.




Is there anywhere we can download a copy of the blockchain?
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