NXT :: descendant of Bitcoin - Updated Information - page 1025.

jkoil

hero member

Activity: 834

Merit: 524

Nxt NEM

Quote from: okaynow on February 07, 2014, 06:13:11 AM

Quote from: BitcoinForumator on February 07, 2014, 06:09:09 AM

Quote from: landomata on February 07, 2014, 06:04:13 AM

Quote from: BitcoinForumator on February 07, 2014, 06:02:34 AM

Quote from: pinarello on February 07, 2014, 06:01:34 AM

Quote from: BitcoinForumator on February 07, 2014, 05:55:57 AM

https://twitter.com/kLee1977/status/431736922000478208

short tough Cheesy

That was typical megalomaniac self-absorbed Keiser statement.

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=8606685.PN.&OS=PN/8606685&RS=PN/8606685

Does Kaiser really own the patent? Undecided

Obviously he does. But he's full of himself - which is fine when it's true, but when he's making statements like MaxCoin is a total success (just go read his #maxcoin tweets), when it has been anything but a success so far (except maybe for the inner circle). Can't stand the fakery.

he has it double-patented?
http://patft.uspto.gov/netacgi/nph-Parser?Sect2=PTO1&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&d=PALL&RefSrch=yes&Query=PN%2F7487123

I guess those patents/applications are about trading system and virtual currency ...
but are they related to the cryptocurrencies. That's another case, afik patent lawyers

pinarello

full member

Activity: 266

Merit: 100

NXT is the future

Quote from: BitcoinForumator on February 07, 2014, 06:15:29 AM

http://www.youtube.com/watch?v=RDoaf5Vnh7s&feature=youtu.be

Expected Grin

Off Topic:

xibeijan

legendary

Activity: 1232

Merit: 1001

Why we need crypto-currency

http://www.bbc.co.uk/news/business-25861717

BitcoinForumator

legendary

Activity: 1120

Merit: 1000

http://www.youtube.com/watch?v=RDoaf5Vnh7s&feature=youtu.be

Expected Grin

Damelon

legendary

Activity: 1092

Merit: 1010

Quote from: solex on February 07, 2014, 06:05:32 AM

Quote from: ?? on ??

Quote from: lucky88888 on February 07, 2014, 05:05:35 AM

Quote from: TwinWinNerD on February 07, 2014, 03:48:18 AM

The reason why there are so little NXT transactions are because they are way to expensive. If i want to send the lowest amount possible to a friend, so he can send it back and test his setup, it costs mit 2 NXT total. (send 3 to him, 2 come to him and he sends the 2 back) That are 12-15 cents.

Our network wants to tell everyone that we can handle big traffic with little cost, but the way i see it, with the fee staying that high, not many transactions will occur.

Or look at faucets. Many people want to enter a currency for free at start to test it out. Now we can get 3 NXT from a faucet. that is 1 transaction .... Rly??
I think currencies like Doge are so successful because the fee is ridiculous low, its 0.01 Doge, that is like a 10.000th of NXT..

I predict a more than 10 fold in transactions if the fee drops to 0.1 NXT and the fractional NXTs get enabled. Also even if it does not increase by tenfold, then then widespread of the currency makes up for it.

FEE 0.1!!!! NAOWW

Exactly!
When are we implementing this change?

+1

That makes no sense because NXT is 100% issued so fees need to be material to encourage forging and redistribute coins. Perhaps the fee should be 1% of amounts < 100, and capped at 1 for larger amounts. Two decimal places would be needed also, for nxt cents.

Forging makes no sense if you don't have transactions.

Plus most people don't even know what forging is for. Hell, most simpele miners don't even realise that they are securing the network. They just mine for coinzzzz.

Again: who is the target audience?

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: ?? on ??

how long would testing take??

No idea.

pinarello

full member

Activity: 266

Merit: 100

NXT is the future

Well there is still a job opportunity for CfB when he stops with NXT.

He is a very famous meme creator now.

https://bitcointalksearch.org/topic/m.4993771

okaynow

hero member

Activity: 546

Merit: 500

PGP 9CB0902E

Quote from: BitcoinForumator on February 07, 2014, 06:09:09 AM

Quote from: landomata on February 07, 2014, 06:04:13 AM

Quote from: BitcoinForumator on February 07, 2014, 06:02:34 AM

Quote from: pinarello on February 07, 2014, 06:01:34 AM

Quote from: BitcoinForumator on February 07, 2014, 05:55:57 AM

https://twitter.com/kLee1977/status/431736922000478208

short tough Cheesy

That was typical megalomaniac self-absorbed Keiser statement.

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=8606685.PN.&OS=PN/8606685&RS=PN/8606685

Does Kaiser really own the patent? Undecided

Obviously he does. But he's full of himself - which is fine when it's true, but when he's making statements like MaxCoin is a total success (just go read his #maxcoin tweets), when it has been anything but a success so far (except maybe for the inner circle). Can't stand the fakery.

he has it double-patented?
http://patft.uspto.gov/netacgi/nph-Parser?Sect2=PTO1&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&d=PALL&RefSrch=yes&Query=PN%2F7487123

allwelder

legendary

Activity: 1512

Merit: 1004

Quote from: Jean-Luc on February 07, 2014, 04:59:08 AM

Quote from: allwelder on February 07, 2014, 04:55:01 AM

Code:

[2014-02-07 17:50:15.163] DEBUG: Database cache size set to 126720 kB
[2014-02-07 17:50:17.668] Database is at level 6
[2014-02-07 17:50:17.670] Updated database is at level 6
[2014-02-07 17:50:17.680] Scanning blockchain...
java.lang.reflect.InvocationTargetException
        at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
        at sun.reflect.NativeMethodAccessorImpl.invoke(Unknown Source)
        at sun.reflect.DelegatingMethodAccessorImpl.invoke(Unknown Source)
        at java.lang.reflect.Method.invoke(Unknown Source)
        at org.eclipse.jetty.start.Main.invokeMain(Main.java:297)
        at org.eclipse.jetty.start.Main.start(Main.java:724)
        at org.eclipse.jetty.start.Main.main(Main.java:103)
Caused by: java.lang.OutOfMemoryError: Java heap space
        at java.util.Arrays.copyOf(Unknown Source)
        at java.lang.AbstractStringBuilder.expandCapacity(Unknown Source)

@Jean-Luc ,as above after adding pause .

See, it is running out of memory. How do you start java, what -Xmx parameter do you use? Try:
java -Xmx1024M -jar start.jar

I start bat file with "C:\Program Files\Java\jre7\bin\java.exe" -jar start.jar
Use the "java -Xmx1024M -jar start.jar",the cmd just disappear at the start.

May I need to modify some parameters in web.xml?
TKS.

BitcoinForumator

legendary

Activity: 1120

Merit: 1000

Quote from: landomata on February 07, 2014, 06:04:13 AM

Quote from: BitcoinForumator on February 07, 2014, 06:02:34 AM

Quote from: pinarello on February 07, 2014, 06:01:34 AM

Quote from: BitcoinForumator on February 07, 2014, 05:55:57 AM

https://twitter.com/kLee1977/status/431736922000478208

short tough Cheesy

That was typical megalomaniac self-absorbed Keiser statement.

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=8606685.PN.&OS=PN/8606685&RS=PN/8606685

Does Kaiser really own the patent? Undecided

Obviously he does. But he's full of himself - which is fine when it's true, but when he's making statements like MaxCoin is a total success (just go read his #maxcoin tweets), when it has been anything but a success so far (except maybe for the inner circle). Can't stand the fakery.

solex

legendary

Activity: 1078

Merit: 1006

100 satoshis -> ISO code

Quote from: ?? on ??

Quote from: lucky88888 on February 07, 2014, 05:05:35 AM

Quote from: TwinWinNerD on February 07, 2014, 03:48:18 AM

The reason why there are so little NXT transactions are because they are way to expensive. If i want to send the lowest amount possible to a friend, so he can send it back and test his setup, it costs mit 2 NXT total. (send 3 to him, 2 come to him and he sends the 2 back) That are 12-15 cents.

Our network wants to tell everyone that we can handle big traffic with little cost, but the way i see it, with the fee staying that high, not many transactions will occur.

Or look at faucets. Many people want to enter a currency for free at start to test it out. Now we can get 3 NXT from a faucet. that is 1 transaction .... Rly??
I think currencies like Doge are so successful because the fee is ridiculous low, its 0.01 Doge, that is like a 10.000th of NXT..

I predict a more than 10 fold in transactions if the fee drops to 0.1 NXT and the fractional NXTs get enabled. Also even if it does not increase by tenfold, then then widespread of the currency makes up for it.

FEE 0.1!!!! NAOWW

Exactly!
When are we implementing this change?

+1

That makes no sense because NXT is 100% issued so fees need to be material to encourage forging and redistribute coins. Perhaps the fee should be 1% of amounts < 100, and capped at 1 for larger amounts. Two decimal places would be needed also, for nxt cents.

landomata

legendary

Activity: 2184

Merit: 1000

Quote from: BitcoinForumator on February 07, 2014, 06:02:34 AM

Quote from: pinarello on February 07, 2014, 06:01:34 AM

Quote from: BitcoinForumator on February 07, 2014, 05:55:57 AM

https://twitter.com/kLee1977/status/431736922000478208

short tough Cheesy

That was typical megalomaniac self-absorbed Keiser statement.

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=8606685.PN.&OS=PN/8606685&RS=PN/8606685

Does Kaiser really own the patent? Undecided

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: ?? on ??

that soon? nice! right in the wake of all this crap with mtgox... wouldnt surprise me if mtgo is still down by then..

It doesn't mean that we r running it on the main net next week. 1st we should TEST it.

BitcoinForumator

legendary

Activity: 1120

Merit: 1000

Quote from: pinarello on February 07, 2014, 06:01:34 AM

Quote from: BitcoinForumator on February 07, 2014, 05:55:57 AM

https://twitter.com/kLee1977/status/431736922000478208

short tough Cheesy

That was typical megalomaniac self-absorbed Keiser statement.

pinarello

full member

Activity: 266

Merit: 100

NXT is the future

Quote from: BitcoinForumator on February 07, 2014, 05:55:57 AM

https://twitter.com/kLee1977/status/431736922000478208

short tough Cheesy

swartzfeger

full member

Activity: 350

Merit: 100

Quote from: BitcoinForumator on February 07, 2014, 05:55:57 AM

https://twitter.com/kLee1977/status/431736922000478208

You're my hero, Klee. The amount of group think during the opening moments of the launch was ridiculous.

Hacer88

member

Activity: 80

Merit: 10

Quote from: BitcoinForumator on February 07, 2014, 05:55:57 AM

https://twitter.com/kLee1977/status/431736922000478208

ROFL

BitcoinForumator

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Merit: 1000

https://twitter.com/kLee1977/status/431736922000478208

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: ?? on ??

whats the ETA of the distributed exchange for nxt? also can you buy/sell other coins on the d-exchange or just nxt/euro? now would be a mega time to launch the distributed exchange with all this crack about withdraws scaring people away from centralised ones.

We r launching public test on 11th of Feb. After that we'll activate AE on the main net.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: BitcoinForumator on February 07, 2014, 05:50:25 AM

Klee - you couldn't have made a better tweet to Keiser.

Give us the link plz.

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1025. (Read 2761645 times)