Topic: [ANN] Nxt :: descendant of Bitcoin - page 142. (Read 383989 times)
Ok I just sent 0.2985 BTC. Hope I did it right!
UPDATE
Generated blocks are now propagated over the network. Bootstrapping and main branch switching are the only unimplemented features left.
I got some offers, on the launch or shortly after it we will have the following services:
1] Faucet. It will be funded by our donations
2] Currency exchange. Classical BTC-to-NXT-n-back exchange
3] Stock exchange. If I got it correctly this is going to be a simplified (for non-pro traders) version of a stock exchange, can be used for crowdfunding
4] Virtual goods store. The goods will be provided by ordinary users (books, links, game codes, anything represented as plain text)
Generated blocks are now propagated over the network. Bootstrapping and main branch switching are the only unimplemented features left.
I got some offers, on the launch or shortly after it we will have the following services:
1] Faucet. It will be funded by our donations
2] Currency exchange. Classical BTC-to-NXT-n-back exchange
3] Stock exchange. If I got it correctly this is going to be a simplified (for non-pro traders) version of a stock exchange, can be used for crowdfunding
4] Virtual goods store. The goods will be provided by ordinary users (books, links, game codes, anything represented as plain text)
haha, how big a dick am I? I sent real btc to my account. I don't think I'm getting NXT so far, but still enjoying the ride
Man, what r u talking about? It's an alpha-test.
Yeah, I get that now. I'm still trying to get my head around Nxt. The penny will drop soon I hope
Web client is the desktop client as well. Users will run a java-application and work with it using a web browser.
Interesting ideas being developed here. Is there a desktop client in the works or is the focus mainly on the protocol and web client for now?
255 transactions is a good number. 255 fits 8 bits and 255 * 128 b fits 32 Kb.
UPDATE
Added a button to generate authorization tokens that can be used on third-party websites. Such token identifies an account owner and removes necessity in registration. Using a token any website can get the account id (for withdrawals and other needs) and make sure that a user is the legitimate owner of the account.
Authorization workflow
1] Unlock an account in Nxt client
2] Press KEY button and enter the website url
3] Copy a token (160 chars) and paste it on the website to log in
UPDATE
Added a button to generate authorization tokens that can be used on third-party websites. Such token identifies an account owner and removes necessity in registration. Using a token any website can get the account id (for withdrawals and other needs) and make sure that a user is the legitimate owner of the account.
Authorization workflow
1] Unlock an account in Nxt client
2] Press KEY button and enter the website url
3] Copy a token (160 chars) and paste it on the website to log in
I'm working on blockchain synchronization and have to decide the maximum number of transactions in a single block. I think that a small number will lead to fee competition, which is good for miners but bad for users. Any suggestions?
600 tx in block == 10 tps. Looks good to me.
I'm working on blockchain synchronization and have to decide the maximum number of transactions in a single block. I think that a small number will lead to fee competition, which is good for miners but bad for users. Any suggestions?
haha, how big a dick am I? I sent real btc to my account. I don't think I'm getting NXT so far, but still enjoying the ride
Man, what r u talking about? It's an alpha-test.
UPDATE
A version with working MY TRANSACTIONS section deployed. Now you can see the history of your transactions. The blockchain was reseted to block 0.
P.S. http://88.198.210.245:7875
A version with working MY TRANSACTIONS section deployed. Now you can see the history of your transactions. The blockchain was reseted to block 0.
P.S. http://88.198.210.245:7875
haha, how big a dick am I? I sent real btc to my account. I don't think I'm getting NXT so far, but still enjoying the ride
UPDATE
A version with working MY TRANSACTIONS section deployed. Now you can see the history of your transactions. The blockchain was reseted to block 0.
P.S. http://88.198.210.245:7875
A version with working MY TRANSACTIONS section deployed. Now you can see the history of your transactions. The blockchain was reseted to block 0.
P.S. http://88.198.210.245:7875
No, higher dispercy of coins = higher odds to generate a block. With 10 accounts holding 100 mil coins each the base target should be 76.8%
100 % base target equals to the target that lets to generate one block per minute with 1,000,000,000 coins on the balance.
The base target is around 40% for the last 20 blocks. Shouldn't it bounce around 100% coz total supply of money stays the same?
I see someone is adding transactions non-stop. Is it a stress-testing or a DoS attack?
Or someone thinking they can take all of the nxt for themselves by doing multiple 10k transactions until they reach 1,000,000,000 in their own account.
I see someone is adding transactions non-stop. Is it a stress-testing or a DoS attack?
There will be 1,000,000,000 coins. And amounts can be only whole numbers. Later we can add fractional numbers but now it would be inconvenient.
interesting ideas....
and glad to see progress.
and glad to see progress.
Estimated time changes each block due to retargetting and different block hashes. 10'000 NXT gives you 0.001% to generate a block.
If I may suggest, when releasing Nxt, don´t make the amount of coins to high. In general if you have a low coin "cap" (1 million or something in that range) it has a good physiological effect of being something "rare".
While if you have 1 trillion coins (or similar), it for one has the affect of being something "cheap" aswell as being difficult to trade against BTC (and almost impossible to trade against USD/fiat).
Well, just my thoughts
I actually associate low total coin amounts with scamcoins such as bitbar. Obviously a trillion coins is far too many too.
I dunno.. Anoncoin has a roof of 4,2 million coins (right now only about 450k). CGB ~1 million total. TBH I don't think the number matters that much, and has nothing to do with the legitimacy of the currency.
Estimated time changes each block due to retargetting and different block hashes. 10'000 NXT gives you 0.001% to generate a block.
If I may suggest, when releasing Nxt, don´t make the amount of coins to high. In general if you have a low coin "cap" (1 million or something in that range) it has a good physiological effect of being something "rare".
While if you have 1 trillion coins (or similar), it for one has the affect of being something "cheap" aswell as being difficult to trade against BTC (and almost impossible to trade against USD/fiat).
Well, just my thoughts
I actually associate low total coin amounts with scamcoins such as bitbar. Obviously a trillion coins is far too many too.
I noticed there are already a lot of domains with nxt in it that are taken. It kinda surprised me.
And interestingly enough nxt.com forwards to http://www.merchantlink.com
Some domains that are already registered:
nxtbox.com
nxtfile.com
nxtpay.com
and many more.
And interestingly enough nxt.com forwards to http://www.merchantlink.com
Some domains that are already registered:
nxtbox.com
nxtfile.com
nxtpay.com
and many more.
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