[NXT] Development Discussion - The dev plan that keeps on delivering

[Daedelus]

I've asked.

It takes me about an hour and 10min to download from scratch on mediocre equipment so it isn't usually a big issue.

[Denker]

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?

You can copy and paste the nxt_db folder from your current nrs client. If you had no client before you will have to download the blockchain. Download time depends on your internet connection.

[VanBreuk]

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

There's not an official repository of the Nxt blockchain (maybe because really, it's generally not that painful to download) but if you want someone posted an updated package here.

Edit: Also at the Nxt PeerExplorer, scroll down and use the "Download Nxt Blockchain" in the bottom right corner.

[Nxtblg]

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. 

Now just below 6500 satoshis. Hmmm....

[tokeweed]

i think what NXT needs is a core marketing crew with good connections.  it's time for the platform to be marketed towards businesses. 

[ShroomsKit_Disgrace]

i think what NXT needs is a core marketing crew with good connections.  it's time for the platform to be marketed towards businesses. 

Cannot agree more.

[Daedelus]

If you only follow this thread...

Critical update before height 330,000.

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

Release 1.4.7

[See https://nxtforum.org/nrs-releases/nrs-v1-4-7/]

sha256:

[deleted]

Change log:

This is a mandatory update. Everyone should update to 1.4.7 or later before
block 330000.

The Message Pattern in AccountInfo feature, introduced in 1.4.0e, has been
disabled, and will not be activated at block 330000. This is to prevent
possible denial of service attacks by malicious regular expression patterns
which can cause excessive CPU load with certain inputs. This feature will
probably be introduced again in 1.5, but with a predefined set of allowed
well behaved regex patterns.

Multiple minor UI improvements and bugfixes.

Enhanced nxt.allowedBotHosts property to also accepts a range of addresses
using CIDR notation.

This release will perform a rescan on first start, on testnet only.


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[salsacz]

https://www.thunderclap.it/projects/20959-create-your-own-cryptocurrency

Now you can support the campaign with Twitter and Facebook accounts, also ask your friends 

[Daedelus]

New Wiki-guide to Monetary System

There is now a Nxt Wiki guide for the Monetary System, based on lyaffe's documentation.

At block 330000 Monetary System will be launched

[tokeweed]

quick question, how long are the confirmation times in MS?

[Daedelus]

quick question, how long are the confirmation times in MS?

Another good question, I assume the same as Nxt as it is part of the same system so ~1min.


I will check.

[Daedelus]

Countdown to Monetary System >>> http://jnxt.org/countdown/?block=330000

...added to OP.

Approximately 1 day, 6 hours, 42 minutes from this post 

[Hachoir]

You could also add the wiki link in the OP.

[Daedelus]

You could also add the wiki link in the OP.

Done   

[tokeweed]

quick question, how long are the confirmation times in MS?

Another good question, I assume the same as Nxt as it is part of the same system so ~1min.


I will check.

mmmm.. from my experience it's around 10 minutes.  still faster than some but i hope you guys develop instant transactions soon. 

gl guys.

[Daedelus]

~1 min is the average. If you check https://nxtblocks.info/#section/blockexplorer_blocks, you can see the time between blocks.

Looking now, the shortest recent block time I see is 3 seconds, longest is over 6 minutes. There are blocks that come in in 1 seconds, occasional super long blocks will take 20 minutes. Bitcoin is the same but has an average ~10min block with a similar variance, some will come in in a minutes and others might take more than an hour. The variance is a feature of all decentralised cryptos. The quoted blocktimes are the average.

A planned feature of full Transparent Forging will be every block will be exactly 60 seconds and stop this variance.

[Nxtblg]

https://www.thunderclap.it/projects/20959-create-your-own-cryptocurrency

Now you can support the campaign with Twitter and Facebook accounts, also ask your friends 

Done & done.

[Nxtblg]

~1 min is the average. If you check https://nxtblocks.info/#section/blockexplorer_blocks, you can see the time between blocks.

Looking now, the shortest recent block time I see is 3 seconds, longest is over 6 minutes. There are blocks that come in in 1 seconds, occasional super long blocks will take 20 minutes.

Yeah, I've had a few of those. Funny how they stick in the mind & the quicker blocks don't. 

[Rodderick]

Big movement up today for NXT.

[freenxt.org]

Big movement up today for NXT.

I think its an error on CMC