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Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 230. (Read 941285 times)

legendary
Activity: 1470
Merit: 1004
Really? Damn, Poloniex should be aware of the hacker's addresses from bter. If they knowingly allowed the hacker to "cash out" - it's clearly a crime...

A few people did reach out to Poloniex, but I think it was too late.
hero member
Activity: 870
Merit: 500
Trading will make me rich)
Cross post:

Here is the first Nxt coverage from a cryptorrency forecast standpoint
http://bullbearanalytics.com/2015/01/27/cryptocurrency-trading-new-coverage-nxt/


N.B. The sell off today was the BTER hacker selling 3million of the stolen 8million NXT, timed to inflict maximum damage it seems. But we're still here. Again.  Grin

I thought his address was blacklisted?

He sold on Poloniex.

Really? Damn, Poloniex should be aware of the hacker's addresses from bter. If they knowingly allowed the hacker to "cash out" - it's clearly a crime...
legendary
Activity: 1470
Merit: 1004
Cross post:

Here is the first Nxt coverage from a cryptorrency forecast standpoint
http://bullbearanalytics.com/2015/01/27/cryptocurrency-trading-new-coverage-nxt/


N.B. The sell off today was the BTER hacker selling 3million of the stolen 8million NXT, timed to inflict maximum damage it seems. But we're still here. Again.  Grin

I thought his address was blacklisted?

He sold on Poloniex.
legendary
Activity: 1736
Merit: 1001
Cross post:

Here is the first Nxt coverage from a cryptorrency forecast standpoint
http://bullbearanalytics.com/2015/01/27/cryptocurrency-trading-new-coverage-nxt/


N.B. The sell off today was the BTER hacker selling 3million of the stolen 8million NXT, timed to inflict maximum damage it seems. But we're still here. Again.  Grin

I thought his address was blacklisted?
sr. member
Activity: 392
Merit: 250
Cross post:

Here is the first Nxt coverage from a cryptorrency forecast standpoint
http://bullbearanalytics.com/2015/01/27/cryptocurrency-trading-new-coverage-nxt/


N.B. The sell off today was the BTER hacker selling 3million of the stolen 8million NXT, timed to inflict maximum damage it seems. But we're still here. Again.  Grin


I don't think it was to inflict damage. The hacker always said he like NXT and believe in it.
The reason he sold now is probably because :

-The hacker need an exchange with volume to sell his coins
-The only exchange with NXT volume is BTER and he obviously can't send his coin there, since he stole from them.
-Poloniex doesn't have good volume usually but yesterday a whale put a 100 BCT sell wall on it. It caused the volume to switch temporarly to poloniex.
The hacker saw that as an opportunity to sell a part of his coin.

People are discussing with Poloniex to freeze his account,  but i think he is already out. He knew he only had a small amount of time and that was a rare opportunity.
legendary
Activity: 1232
Merit: 1000
Cross post:

Here is the first Nxt coverage from a cryptorrency forecast standpoint
http://bullbearanalytics.com/2015/01/27/cryptocurrency-trading-new-coverage-nxt/


N.B. The sell off today was the BTER hacker selling 3million of the stolen 8million NXT, timed to inflict maximum damage it seems. But we're still here. Again.  Grin

Let's hope.
hero member
Activity: 574
Merit: 500
Cross post:

Here is the first Nxt coverage from a cryptorrency forecast standpoint
http://bullbearanalytics.com/2015/01/27/cryptocurrency-trading-new-coverage-nxt/


N.B. The sell off today was the BTER hacker selling 3million of the stolen 8million NXT, timed to inflict maximum damage it seems. But we're still here. Again.  Grin
legendary
Activity: 1918
Merit: 1001
Thanks for the update! And don't forget to step into NXT now. It's cheap and potential big in the next few years.  Smiley

+1
NXT WILL PREVAIL!
 Grin
sr. member
Activity: 404
Merit: 250
https://nxtforum.org/
i see new monetary system
what can i do with it?


Easy crowd-funding system without having to give a percentage away to third parties and less of an appearance of SEC rules violation as you might have with crypto-assets (i.e. selling securities) - only applicable if you are a recognized citizen of certain thug-zones (nation-states).

if you don't know how to create your own coins or have a coin in the making but want people to trade while working on the codes. eg NEM
you can do it here easy and secured by nxt. minting is a nice way to distribute the coins.

or just have some fun, create a coin and mine with friends.
sr. member
Activity: 404
Merit: 250
https://nxtforum.org/
MSCurrency minting is actually profitable if you have a compatible miner or a nice computer!

have a look here https://bitcointalksearch.org/topic/nxt-profitable-minting-mining-26-some-electric-cost-per-day-935083
if you look closely on the blockchain, it isn't just one person taking that advantage at the moment.
plus theres a nice buy wall of EGOLD to support those minter too.

who knows, those mscurrencies may rise in price as they are being spent with electrical values when it is being minted. so they are not just popping up from thin air.
newbie
Activity: 58
Merit: 0
i see new monetary system
what can i do with it?


Easy crowd-funding system without having to give a percentage away to third parties and less of an appearance of SEC rules violation as you might have with crypto-assets (i.e. selling securities) - only applicable if you are a recognized citizen of certain thug-zones (nation-states).
member
Activity: 85
Merit: 10
i see new monetary system
what can i do with it?
legendary
Activity: 1092
Merit: 1010
https://nxtforum.org/nrs-releases/nrs-v1-4-10/

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

Release 1.4.10

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-client-1.4.10.zip

sha256:

114349601aa8bf9f700a99963677d61ce98cc7fa545295fefea7b44ed2a3beaa  nxt-client-1.4.10.zip


Change log:

Improved display of blockchain downloading status in the client UI.

Added client translations, changed state from beta to stable for the following
languages: Italian, Dutch, Ukrainian.

Fixed a bug in transaction bytes parsing which could cause signature
verification failed errors and break forging.

When downloading the blockchain, require at most one fork confirmation when
still below the last hardcoded checkpoint (currently MS block).

New API calls for peer management: addPeer and blacklistPeer. AddPeer will add
a peer address or IP, optionally with port number, to the list of known peers
and will try to connect to it. BlacklistPeer (password protected) will
blacklist a peer, for the default blacklisting period.

These APIs, and a few others related to peer networking, have been grouped under
a new Networking tab on the /test page.

Peer port handling has been improved to allow different peers to share the same
IP address provided they use different ports.

To prevent overloading a node with invalid peer addresses, the maximum total
number of known peers is limited to nxt.maxNumberOfKnownPeers (default 2000).
Once this number has been reached, new peer addresses are not added, and peers
that have been last connected to more than a week ago are removed from the known
peer list, provided the node has enough connected public peers, until the number
of known peers is again reduced to below nxt.minNumberOfKnownPeers (default
1000).

Improved database performance by storing currency supply and reserve per unit
data in a separate table.

This release will perform a rescan on first start.

Updated jetty to version 9.2.7. If unpacking on top of a previous installation,
delete your lib directory first to remove the old jetty libraries.


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legendary
Activity: 1205
Merit: 1000
Thanks for the update! And don't forget to step into NXT now. It's cheap and potential big in the next few years.  Smiley
hero member
Activity: 574
Merit: 500
Just a reminder, there was a hardfork at block 130,000 and everyone needed to upgrade to version 1.4.x (1.4.9 is the latest at the time of writing).


Anyone watching their Java console (the black screen with all the programming language stuff in it...), you see any nodes running versions 1.3 or 1.2 or less are getting blacklisted. This is only temporary for 10min IIRC, after then you can rejoin the network. If you have 1.4.9 you'll be accepted by the network. If not, you just get blacklisted again!

Copy the 'nxt_db' folder from your existing version to the folder of the 1.4.9 version. This is the blockchain data and means you won't have to start the blockchain download from scratch and will save you time. Upgrading versions using this method means you can upgrade in about 3min!



TL:DR - upgrade to NRS v1.4.9 or keep getting blacklisted by the network. Anything less than 1.4.x and you are on a fork. Copy folder 'nxt_db' to the latest version so you don't have to re-download the whole blockchain
sr. member
Activity: 392
Merit: 250
Seems cool
full member
Activity: 237
Merit: 100
Blockchain pruning?

No, blockchain pruning is completely different. This is reducing the size of the blockchain like a zip file does to a normal file, with the difference that file doesn't have to be unzipped to access it--instead reading the blockchain data is hundreds of times faster than reading the data from a standard blockchain.
sr. member
Activity: 392
Merit: 250
Blockchain pruning?
full member
Activity: 237
Merit: 100
Supernet and NXT news just twittered something about Ram Chain technology. Anyone have any idea what this is?

It's a way of compressing the bitcoin blockchain (and other blockchains) in such a way that it is much smaller than usual and superfast to access. There will be articles, I believe, over the next week or so explaining it further.
full member
Activity: 172
Merit: 100
Supernet and NXT news just twittered something about Ram Chain technology. Anyone have any idea what this is?
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