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Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 457. (Read 941285 times)

member
Activity: 84
Merit: 10
is there any giveaway/bounty for NXT coins ?
legendary
Activity: 1205
Merit: 1000
Public Service announcement  Grin

I thought I would add add a few of the newest Nxt Glossary entries to the pub threads, as I have been negleting the Glossary for a while recently and new guys may not be aware of it. So ...  Cheesy

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Reed Solomon

Reed Solomon is an error correction method used in computer programming. It is specifically used in Nxt to display your original account ID in the Reed Solomon format. Reed Solomon format will look something like “NXT-edq1f-saxej-qwdc4-fzsh2” rather than the original “45684125745214585125” (These are random creations, just to illustrate the idea).
 
The Reed Solomon format isn't a new account, just a different way of displaying your account number but it has two big advantages.
 
First, it is easier to read and check if it is correct. Sort sections of letters are more human readable than a string of up to twenty numbers.
 
Secondly, it can detect if you input up to two digits of the Reed Solomon address incorrectly and will even suggest corrections. This will reduce the likelihood of sending your NXT to the wrong account.
 
Users who have only used NRS v1.1.3 or later will only know the Reed Solomon format of addresses.

****

Source: The Nxt Glossary, bookmark it here >>>> https://wiki.nxtcrypto.org/wiki/Glossary
 


Any suggestions for what the 100th entry should be???  Grin
I am not sure if I am happy with Reed Solomon instead of numbers only. I just love my short accountnumber, I can remember it better than a Reed Solomon. And Joe
hero member
Activity: 574
Merit: 500
Public Service announcement  Grin

I thought I would add add a few of the newest Nxt Glossary entries to the pub threads, as I have been negleting the Glossary for a while recently and new guys may not be aware of it. So ...  Cheesy

****

Reed Solomon
****

Source: The Nxt Glossary, bookmark it here >>>> https://wiki.nxtcrypto.org/wiki/Glossary
 
Any suggestions for what the 100th entry should be???  Grin

"These are random creations, just to illustrate the idea."

Just use the real account to illustrate the point.

NXT-MRCC-2YLS-8M54-3CMAJ and  the origina 1739068987193023818

(that's genesis account by the way).


Updated, thanks  Grin
hero member
Activity: 644
Merit: 500
Public Service announcement  Grin

I thought I would add add a few of the newest Nxt Glossary entries to the pub threads, as I have been negleting the Glossary for a while recently and new guys may not be aware of it. So ...  Cheesy

****

Reed Solomon

Reed Solomon is an error correction method used in computer programming. It is specifically used in Nxt to display your original account ID in the Reed Solomon format. Reed Solomon format will look something like “NXT-edq1f-saxej-qwdc4-fzsh2” rather than the original “45684125745214585125” (These are random creations, just to illustrate the idea).
 
The Reed Solomon format isn't a new account, just a different way of displaying your account number but it has two big advantages.
 
First, it is easier to read and check if it is correct. Sort sections of letters are more human readable than a string of up to twenty numbers.
 
Secondly, it can detect if you input up to two digits of the Reed Solomon address incorrectly and will even suggest corrections. This will reduce the likelihood of sending your NXT to the wrong account.
 
Users who have only used NRS v1.1.3 or later will only know the Reed Solomon format of addresses.

****

Source: The Nxt Glossary, bookmark it here >>>> https://wiki.nxtcrypto.org/wiki/Glossary
 
Any suggestions for what the 100th entry should be???  Grin

"These are random creations, just to illustrate the idea."

Just use the real account to illustrate the point.

NXT-MRCC-2YLS-8M54-3CMAJ and  the origina 1739068987193023818

(that's genesis account by the way).




hero member
Activity: 574
Merit: 500
Public Service announcement  Grin

I thought I would add add a few of the newest Nxt Glossary entries to the pub threads, as I have been negleting the Glossary for a while recently and new guys may not be aware of it. So ...  Cheesy

****

Reed Solomon

Reed Solomon is an error correction method used in computer programming. It is specifically used in Nxt to display your original account ID in the Reed Solomon format. Reed Solomon format will look something like “NXT-edq1f-saxej-qwdc4-fzsh2” rather than the original “45684125745214585125” (These are random creations, just to illustrate the idea).
 
The Reed Solomon format isn't a new account, just a different way of displaying your account number but it has two big advantages.
 
First, it is easier to read and check if it is correct. Sort sections of letters are more human readable than a string of up to twenty numbers.
 
Secondly, it can detect if you input up to two digits of the Reed Solomon address incorrectly and will even suggest corrections. This will reduce the likelihood of sending your NXT to the wrong account.
 
Users who have only used NRS v1.1.3 or later will only know the Reed Solomon format of addresses.

****

Source: The Nxt Glossary, bookmark it here >>>> https://wiki.nxtcrypto.org/wiki/Glossary
 


Any suggestions for what the 100th entry should be???  Grin
legendary
Activity: 1512
Merit: 1004
many assets on AE now.
hero member
Activity: 574
Merit: 500
New NRS version 1.1.3 released

https://nxtforum.org/nrs-releases/nrs-v1-1-3/

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Client Updates:

Make reed solomon account format the default.
Search by reed solomon account number.
Differentiate background color of assets owned in asset sidebar.
Differentiate background color of assets issued in account modal.
Autolink URLs in asset description and alias data.
Show notice on login if an update for NRS is available.
Added a max asset transfer warning setting.
Added a help menu.
Correct amounts on my assets page.
Alias search on aliases page.
Added global unconfirmed transactions to transactions page.
Show quantity of asset available for transfer in asset transfer modal.
****

What is Reed Solomon? (Daedelus personal dumb-dumb interpretation   Grin )
It is a new format of you original account ID. It isn't a new account just a different way of displaying it but it has two big advantages.
i) It is easier to read and check if it is correct. It will look something like NXT-edq1f-saxej-qwdc4-fzsh2 rather than 05684125745214585125 (I made these up just to give you the idea)
ii) It can detect if you input up to two of the digits incorrectly and even suggest corrections. This will reduce the likelihood of sending your NXT to the wrong account. I am pretty sure it is powered by magic.

Nxt has had this for a while (you could have changed it in the settings) but it has now been set as the default view.
legendary
Activity: 1162
Merit: 1005
How to send the first transaction?

Which client do you use?
sr. member
Activity: 312
Merit: 254
How to send the first transaction?
Just register an alias with your name Wink
full member
Activity: 209
Merit: 100
How to send the first transaction?
hero member
Activity: 574
Merit: 500
Anyone fancy re-raking over the distribution arguements?  Grin Grin

Take a look here >>>> https://bitcointalksearch.org/topic/sias-use-of-the-nxt-ae-609322
full member
Activity: 154
Merit: 100
All the development pieces of the last months come together now, this is really great.
legendary
Activity: 1722
Merit: 1217
still looking for more people to send me some silver in exchange for warehouse receipts. In order to help get this thing started im offering a full receipt per ounce that you send. that means no revenue for me but i think that's ok during the bootstrapping phase. There could be quite a bit of profit in it for the first person to get some tokens to market on the asset exchange. even if you arnt really that into the idea i could really use some help getting it off the ground. pm me if you have any questions or just want to talk about it.

if you wish to remain totally anonymous than you can just send here
Quote
Goin' Postal King
124 Five Forks St., Suite B 190
King, NC 27021
and contact me by sending a message over nxt. my address is 4357314498768237104
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com

InstantDEX is a very cool thing, but it has nothing todo with this project, well, it could be used to exchange the BTC/NXT pair of crypto-gateway even faster Wink

The service Crypto-Gateway provides will make it possible to deposit BTC into the NXT blockchain and withdraw it. Kinda similar to multisig-gateway, but with MGW you can only deposit withdraw, you can't really trade. That is where the CG will perform best.

I thought I would clarify....

InstantDEX is peer2peer exchange-less trading using the NXT block chain to provide escrow is the easiest way (if not completely correct way) of putting it, in order for InstantDEX to work you have to let it operate on your coin wallets (I would set up wallets specifically for DEX Trading!)

MultiGateway (MG) allows transparent deposit to a multi-sig secure coin wallet linked to your NXT account, any coins deposited from your other wallets to the MG wallet are are automatically shown in your NXT account as MG escrowed coin assets on the NXT AE

If you sell the MG Asset for NXT then as you get the NXT, the MG asset is transferred to the buyer and the multi-sig escrowed coins move in the coin wallets... The buyer can then sell again or withdraw to a normal coin wallet, the multi-sig is operated by MG servers that operate on a consensus for signing the xxxcoin transactions so it only works for coins that support multi-sig - but it is completely server / block chain driven i.e. no human error to creep in,,, or temptation.

Thank you for the clarification!
hero member
Activity: 574
Merit: 500
Can someone post the link to the distribution graphic please?  Grin
sr. member
Activity: 952
Merit: 253

InstantDEX is a very cool thing, but it has nothing todo with this project, well, it could be used to exchange the BTC/NXT pair of crypto-gateway even faster Wink

The service Crypto-Gateway provides will make it possible to deposit BTC into the NXT blockchain and withdraw it. Kinda similar to multisig-gateway, but with MGW you can only deposit withdraw, you can't really trade. That is where the CG will perform best.

I thought I would clarify....

InstantDEX is peer2peer exchange-less trading using the NXT block chain to provide escrow is the easiest way (if not completely correct way) of putting it, in order for InstantDEX to work you have to let it operate on your coin wallets (I would set up wallets specifically for DEX Trading!)

MultiGateway (MG) allows transparent deposit to a multi-sig secure coin wallet linked to your NXT account, any coins deposited from your other wallets to the MG wallet are are automatically shown in your NXT account as MG escrowed coin assets on the NXT AE

If you sell the MG Asset for NXT then as you get the NXT, the MG asset is transferred to the buyer and the multi-sig escrowed coins move in the coin wallets... The buyer can then sell again or withdraw to a normal coin wallet, the multi-sig is operated by MG servers that operate on a consensus for signing the xxxcoin transactions so it only works for coins that support multi-sig - but it is completely server / block chain driven i.e. no human error to creep in,,, or temptation.
hero member
Activity: 490
Merit: 504
This would needs more publicity.

http://www.cryptamail.com/

Salsa, a new thunderclap campaign starts here?


why not. The question is, when will be the deadline - in 1 month or 2... testing first Cheesy
sr. member
Activity: 581
Merit: 253
Just wanted to say that you NXT guys are doing a great work!

Thanks!
hero member
Activity: 644
Merit: 500
This would needs more publicity.

http://www.cryptamail.com/

Salsa, a new thunderclap campaign starts here?

legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Just a headsup:

There will be a quasi-decentralised-exchange for BTC. BTC will be implemented on the Crypto-Gateway using the NXT asset exchange. So you can deposit BTC and will receive BTC tokens, that you can sell for NXT on the asset exchange. Those tokens can be cashed out anytime! I will personally guarantee for the stored funds and will do the coldstorage.

Other currencies that will be added on launch: NAS, NHZ

Details can be found here: https://nxtforum.org/index.php?topic=1317.0

there is also InstantDEX which you can actually invest in on the exchange.  Shares are trading at ~34NXT per share.

-bm
 

InstantDEX is a very cool thing, but it has nothing todo with this project, well, it could be used to exchange the BTC/NXT pair of crypto-gateway even faster Wink

The service Crypto-Gateway provides will make it possible to deposit BTC into the NXT blockchain and withdraw it. Kinda similar to multisig-gateway, but with MGW you can only deposit withdraw, you can't really trade. That is where the CG will perform best.
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