Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 297. (Read 941260 times)
today is 8.1..where is the new version?
Can someone give an update to the instant transactions feature. That is the defining feature between NXT and every other coin.
As far as I understand Instant Transactions depend on Transparent Forging, which is promised to be fully implemented before the date of the first anniversary of NXT at the end of November.
Here is the development roadmap (Instant Transactions are still in design phase):
https://nxtforum.org/news-and-announcements/development-roadmap-update-2014-07-05/
mczarnek is doing an implementation that was due for completion by the end of August but I think that has slipped a little as he didn't get enough funds to take a break from RL job and work full time on it.
There is info here https://nxtforum.org/instant-transactions/instant-transaction-proposal/ but it might be out of date. mczarnek talked through the ideas with CfB, jl777 and others IIRC and they thought it was feasible. Then the posts were deleted so as not to help others. I've asked for an update
James has InstantDEX (Instant Decentralised Exchange) which will be third party software built on top of Nxt for trading on the AE. It has already achieved a proof of concept trade of 5 seconds in April, with optimisation James hopes for ~3 seconds. It is almost decentralised as it uses MGW.
You can read more about InstantDEX here: https://nxtforum.org/instant-transactions/secret-project/
The first 4 pages are mostly a gif party....
...so you might want to skip straight to the announcement on page 5
Can someone give an update to the instant transactions feature. That is the defining feature between NXT and every other coin.
As far as I understand Instant Transactions depend on Transparent Forging, which is promised to be fully implemented before the date of the first anniversary of NXT at the end of November.
Here is the development roadmap (Instant Transactions are still in design phase):
https://nxtforum.org/news-and-announcements/development-roadmap-update-2014-07-05/
Cool. Everything else comes along as promised with NXT so much to look forward to
Can someone give an update to the instant transactions feature. That is the defining feature between NXT and every other coin.
As far as I understand Instant Transactions depend on Transparent Forging, which is promised to be fully implemented before the date of the first anniversary of NXT at the end of November.
Here is the development roadmap (Instant Transactions are still in design phase):
https://nxtforum.org/news-and-announcements/development-roadmap-update-2014-07-05/
many thx.
Can someone give an update to the instant transactions feature. That is the defining feature between NXT and every other coin.
As far as I understand Instant Transactions depend on Transparent Forging, which is promised to be fully implemented before the date of the first anniversary of NXT at the end of November.
Here is the development roadmap (Instant Transactions are still in design phase):
https://nxtforum.org/news-and-announcements/development-roadmap-update-2014-07-05/
Thank you
Can someone give an update to the instant transactions feature. That is the defining feature between NXT and every other coin.
As far as I understand Instant Transactions depend on Transparent Forging, which is promised to be fully implemented before the date of the first anniversary of NXT at the end of November.
Here is the development roadmap (Instant Transactions are still in design phase):
https://nxtforum.org/news-and-announcements/development-roadmap-update-2014-07-05/
Can someone give an update to the instant transactions feature. That is the defining feature between NXT and every other coin.
OK .. got it ..
Thanks ..
Triff ..
Thanks ..
Triff ..
Just a new thread to create awareness https://bitcointalksearch.org/topic/nxt-university-of-economics-in-prague-joint-venture-717791
This need more awareness.
That's a pretty big deal.
So, in plain english MGW is a decentralized exchange for trading any crypto pair ( eventually ) ..
We just need adopters and liquidity to make it viable ??
Any fees involved and who gets them ( if any ) ??
Triff ..
We just need adopters and liquidity to make it viable ??
Any fees involved and who gets them ( if any ) ??
Triff ..
No. the MGW is a way to transfer crypto coins to and from the NXT asset exchange so you can trade them. Think of the MGW as the Depost/Withdrawl page of an exchange. All coin assets you own are held in YOUR NXT account on the block chain. So, no exchange can steal them. You can trade the coins Peer-To-Peer, however NXT is the common coin in all there pairs.
Thank you for explaining! Already tried out the mgw on client, but it is too confused! Imo the surface should look like an exchange, then it would be a really success!
Trading mgw assets does look like an exchange. The MGW stuff where you move coins to and from the asset exchange is sort of like the Deposit/Withdrawal page of an exchange and they are all different.
So, in plain english MGW is a decentralized exchange for trading any crypto pair ( eventually ) ..
We just need adopters and liquidity to make it viable ??
Any fees involved and who gets them ( if any ) ??
Triff ..
We just need adopters and liquidity to make it viable ??
Any fees involved and who gets them ( if any ) ??
Triff ..
MGW will have some deposit/withdrawal fees, (very little!) and those go to the MGW asset holders, that financed the developement of this system!
What rates are the deposit/withdrawal fees?
At this moment, everything is free exept the fee that the network charges (0.0001 BTC for depo and with)
So, in plain english MGW is a decentralized exchange for trading any crypto pair ( eventually ) ..
We just need adopters and liquidity to make it viable ??
Any fees involved and who gets them ( if any ) ??
Triff ..
We just need adopters and liquidity to make it viable ??
Any fees involved and who gets them ( if any ) ??
Triff ..
MGW will have some deposit/withdrawal fees, (very little!) and those go to the MGW asset holders, that financed the developement of this system!
What rates are the deposit/withdrawal fees?
So, in plain english MGW is a decentralized exchange for trading any crypto pair ( eventually ) ..
We just need adopters and liquidity to make it viable ??
Any fees involved and who gets them ( if any ) ??
Triff ..
We just need adopters and liquidity to make it viable ??
Any fees involved and who gets them ( if any ) ??
Triff ..
MGW will have some deposit/withdrawal fees, (very little!) and those go to the MGW asset holders, that financed the developement of this system!
So, in plain english MGW is a decentralized exchange for trading any crypto pair ( eventually ) ..
We just need adopters and liquidity to make it viable ??
Any fees involved and who gets them ( if any ) ??
Triff ..
We just need adopters and liquidity to make it viable ??
Any fees involved and who gets them ( if any ) ??
Triff ..
Fees are 1 NXT no matter the amount for the order.
So, in plain english MGW is a decentralized exchange for trading any crypto pair ( eventually ) ..
We just need adopters and liquidity to make it viable ??
Any fees involved and who gets them ( if any ) ??
Triff ..
We just need adopters and liquidity to make it viable ??
Any fees involved and who gets them ( if any ) ??
Triff ..
when would be possible trading BTC LTC and USD on NXT asset exchange?
BTC/LTC when multigateway is launched (they are talking about launching a public version of MGW as we speak, it has been in testing for a couple of months now)
USD will be available through once Nxthaus is set up and running (still a couple of months away, I believe. They are awaiting the approvals)
Sorry for posting this old talk...
The multigateway looks very promising! Mg will be visually improved, or remain only as simply asset?
There will be minimal fees to use MGW and these will be shared with MGW asset holders. So if you think it MGW will be successful, you might consider buying some (Check the Asset ID before buying, I think there may be only one MGW on the Asset Exchange at the moment but there could be imposters cropping up soon so always check when adding new assets).
MGW is now on the mainnet (has been for a month or so now but still in beta) and has a fancy user interface now too.
There is a MGW user support thread here for more help>>>> https://nxtforum.org/nxtservices-releases/multigateway-user-support-thread/
Beginners might want to use the MGW Lite >>>> https://nxtforum.org/nxtservices-releases/(beta-m08g5)-multigateway-gui-release/
If you use MGW, start with small amounts. Remeber these are *real* Nxt, BTC and LTC that you are trading, redeemable for the actual amounts of BTC and LTC. Have fun
Thank you for explaining! Already tried out the mgw on client, but it is too confused! Imo the surface should look like an exchange, then it would be a really success!
It is still in beta and the GUI is still being played with. Keep an eye on it
Or post your thoughts in the thread above.More and more people are able to use it so we are heading in the right direction
MGW is an alien concept to most as you have, say a BTC wallet and a Nxt wallet, and MGW is just the go between. Everyone is used to centralised exchanges where Bter keep all your coins together in one account (they aren't actually in one account, this is just how it is presented).
Nxt and Damelon on LetsTalkBitcoin >>>> http://letstalkbitcoin.com/blog/post/beyond-bitcoin-11-the-nxt-economy
when would be possible trading BTC LTC and USD on NXT asset exchange?
BTC/LTC when multigateway is launched (they are talking about launching a public version of MGW as we speak, it has been in testing for a couple of months now)
USD will be available through once Nxthaus is set up and running (still a couple of months away, I believe. They are awaiting the approvals)
Sorry for posting this old talk...
The multigateway looks very promising! Mg will be visually improved, or remain only as simply asset?
There will be minimal fees to use MGW and these will be shared with MGW asset holders. So if you think it MGW will be successful, you might consider buying some (Check the Asset ID before buying, I think there may be only one MGW on the Asset Exchange at the moment but there could be imposters cropping up soon so always check when adding new assets).
MGW is now on the mainnet (has been for a month or so now but still in beta) and has a fancy user interface now too.
https://i.imgur.com/Xrqleq4l.png
There is a MGW user support thread here for more help>>>> https://nxtforum.org/nxtservices-releases/multigateway-user-support-thread/
Beginners might want to use the MGW Lite >>>> https://nxtforum.org/nxtservices-releases/(beta-m08g5)-multigateway-gui-release/
If you use MGW, start with small amounts. Remeber these are *real* Nxt, BTC and LTC that you are trading, redeemable for the actual amounts of BTC and LTC. Have fun
Thank you for explaining! Already tried out the mgw on client, but it is too confused! Imo the surface should look like an exchange, then it would be a really success!
when would be possible trading BTC LTC and USD on NXT asset exchange?
BTC/LTC when multigateway is launched (they are talking about launching a public version of MGW as we speak, it has been in testing for a couple of months now)
USD will be available through once Nxthaus is set up and running (still a couple of months away, I believe. They are awaiting the approvals)
Sorry for posting this old talk...
The multigateway looks very promising! Mg will be visually improved, or remain only as simply asset?
There will be minimal fees to use MGW and these will be shared with MGW asset holders. So if you think it MGW will be successful, you might consider buying some (Check the Asset ID before buying, I think there may be only one MGW on the Asset Exchange at the moment but there could be imposters cropping up soon so always check when adding new assets).
MGW is now on the mainnet (has been for a month or so now but still in beta) and has a fancy user interface now too.
There is a MGW user support thread here for more help>>>> https://nxtforum.org/nxtservices-releases/multigateway-user-support-thread/
Beginners might want to use the MGW Lite >>>> https://nxtforum.org/nxtservices-releases/(beta-m08g5)-multigateway-gui-release/
If you use MGW, start with small amounts. Remeber these are *real* Nxt, BTC and LTC that you are trading, redeemable for the actual amounts of BTC and LTC. Have fun
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