Topic: NXT :: descendant of Bitcoin - Updated Information - page 1062. (Read 2761642 times)

I am completely updated, used the 5.11 blockchain on my home nodes, rebuilt from scratch on the VPS. Seems to work fine in both cases....

So could everyone else update to 5.12, please ?


For the rest :

Take some chill pills,guys. We've made a hell of a lot of progress over the last couple of months. There are always going to be moments when things dont go quite as we'd like them to and people start to get grumpy and take it out on each other.

So relax a bit, we are still ahead of the game and heading in roughly the right direction.....and almost as a unit.

Heres a quick re-post from me from last night, seems appropriate to put it up again:

Yes, but we have to be cognizant to not allow the blockchain to be spammed too cheaply via the AM or other transaction type.  So lets talk about this a bit....

Firstly GUYS (and few gals we have here), we shouldn't tie the fee to try to force it to coincide with any fiat!!!  

At current min of 1 NXT fee for any transaction except issue asset (which isnt even possible yet) it is possible to stack up to 1000 bytes (I think) via AM, per AM transaction.  Is that 1000 bytes correct?  Now we could potentially just make the min fee for AM be different than for a regular transaction to prevent bloat.  Now we are planning on removing AM every checkpoint/year/whatever, but what about alias?  These are planned on staying forever right?  Has anyone considered  how much space can an alias transaction could potentially take up, between the alias string itself, and its URL?

How about this...  Set a min fee PER BYTE SIZE OF THE TRANSACTION IN QUESTION.  And scale it up.  So we can start with modeling for .001 per byte or something like that.  Can some experts model for us then what the cost for certain transactions would be?

Wat u guys think?

Just want to catch on the discussion we had this afternoon about features and target audience for nxt.

1. (Possible) Features:
- TF for instant transactions
- TF + punishment against 50% attacks (correct?)
- no bloated blockchain
- energy friendly crypto
- mobile friendly crypto
- easy to add new features
- many many TPS
- parallel blockchains
- blockchain shrinking
- decentralized exchange
- colored coins
- decentralized voting/opiniongrabber
- decentralized AM (data storage, link storage (eg torrents), encrypted messaging, ...)
- dividend payouts (all fees per block) for everyone instead of mining of the few with lots of power
- Turing capability
- smart contracts
- anonymous transactions
- SMS gateway

2. Today it was clear that the nxt community isn't sure yet, which features are the most important ones, which could be ignored in favor of other features (some exclude each other), and who the target audience is. Would it be easier if we knew plan 2 and 3 from BCNext? I don't know. But regardless of BCNext's plans, we should discuss this topic in the community: which is our target audience now, next months and in one year? Does this depend on the features we implement or does the features depend on the audience we want to tackle? The answer is clear (or is nxt just fundamental research?) That's why we should discuss this.

3. Some thoughts on some features and their implications:
- TF was and is our key ingredient in nxt. I have no clue at which state it is right now, who will develop all the core ingredients of TF (JL?) and how important it will be in one year
- bloated blockchain: although I was quite shocked about today's statements about the size of the blockchain, I see it more clearly now. First of all I think it is still bad because solar powered  RaspberryPis and AndroidTV sticks will not work for securing the nxt network in the future, IF we will get to a large TPS. The idea of thousands of raspberrypis working and securing nxt is dead. That's really sad because it was a really nice idea, especially marketing wise. Otherwise, I came to the conclusion that our chain should currently be measured with the same transaction amount as bitcoin has right now. And then, our block chain is cute and tiny.
- we are still very energy friendly, but the loss of raspberrypis in the future is a slap in the marketing face
- with lightweight clients, we are able to use nxt on every smartphone. BUT is this different and superior to BTC if we can’t actually forge with our phone? (Leasing forge power is not the same since we are not really part of the nxt network with the phone). When we implement block shrinking and parallel blockchains, we could shovel weight of the important transaction chain which means smartphones and raspberrypis could work longer for nxt (until how many TPS? I have one clue)
- SMS gateway (bounty by CfB) must be developed (eg Africa is using SMS as some sort of currency). This would be a really nice feature, especially for marketing
- do we need turing stuff? if we have the resources to develop this (i don’t want CfB to waste his energy if this is a nice, but not a must have feature or if this feature would make some other features impossible (like high TPS or no bloated blockchain)), let’s do it. it is nice marketing also.
- High and fast TPS is important for a special target audience (professionals like people relying on VISA). It was advertised big since the beginning. if we are able to keep this promise, then we must do this. or we also should look at the possibility of hight TPS if we implement other features which might interfere with hight TPS.
- anonymous transactions is a freaking HUGE opportunity. if we can tackle this, then, absolutely, let’s do it.
- decentralized exchange and colored coins are a must.
- CfB states many times that it is easy to implement new features in nxt. I am no dev and just have to believe him. It should always be easy so nxt can adapt to new ideas and technologies.

some features are implemented, some are discussed, and some are plain ideas. We should discuss where nxt is heading to get a clear view what should be implemented in the next months. We should discuss all ideas and get an overview WHO will develop which services or features. And we should make a clear distinction between service providers (which uses nxt) and nxt features (which build nxt). and we should always be aware of paradox decisions (like 1000000TPS and mini blockchain for example). Now I have no clue who is responsible for what. I have a fear that many things just don’t get done because of diffusion of responsibility (Google it). I hope i’m wrong.



Maybe I forgot many major things, but it is a starting point.

-

All the written stuff above could be total bullshit, because I'm no programmer and have difficulties to keep up with all the stuff what's going on in the nxt ecosystem.

I sincerely hope that I get some comments from devs, idea makers, marketers, ... And I hope we get a discussion started about target audience, features and what is the meaning of nxt.

Please respond (think about diffusion of responsibility if you don’t want to click “reply”).

tl;dr invest in doge.

Here is version 1.6 of my Windows NXT client "NXT Solaris". Still closed-source, but I am getting at it... :-)

The future open-source client is still missing the market graphs and all data grids show raw data only. I still need to finish the GUI design here.

Changelog
Changed for v1.6:
-Two versions are now included: closed and (future) open source version (open source code to be released until February 16th, 2014)
-Starter application lets you choose between open and closed source version
-NRS and JRE are now bundled with NXT Solaris. One download to get up and running.
-Updated Vircurex API address
-Removed NxtChg.com exchange
-Random secrets are now 25 characters long to make the keypass password quality display happy (it doesn’t know the size of the alphabet)
-A couple of bug fixes


Download
64-bit Version: NXTSolaris-v1.6-64bit.zip (132 MB) – Download here
SHA256 checksum for NXTSolaris-v1.6-64bit.zip: F509E1EABD75A579E5C1238A64C32C0240FB3AC6DD933488F501E3949F6DAF6A

32-bit Version: NXTSolaris-v1.6-32bit.zip (128 MB) – Download here
SHA256 checksum for NXTSolaris-v1.6-32bit.zip: 3ADD9268CECD5EF9479E26BDD35C9EDC002AFA785A646F5BA44E3D77E3993BB3

For screenshots and everything else please visit: http://nxtsolaris.wordpress.com/


Installation
Simply unzip the archive and run the NXTSolarisStarter.exe file.

The current version 1.6 is not compatible with previous versions, so please delete any existing NXT Solaris files before updating to 1.6.

Roadmap
1.) Move current version of my code to XE5 and release closed source 32-bit and 64-bit versions for Windows. [DONE]
2.) Refactor code to a MVC architecture, so that I can create separate GUIs while using the same version of the business logic code. [DONE]
3.) Create new GUIs for Windows and OS X using the same business logic, but based on the cross-platform Firemonkey libraries. [90% DONE]
4.) Release Windows version (32 and 64 bit) based on FireMonkey. [DONE]
5.) Release source-code for FireMonkey Windows version (February 16th, 2014 latest)
6.) Implement new features from the TODO list
7.) OSX compatibility changes
8.) Release OSX version based on FireMonkey.
9.) Release source code for FireMonkey OSX version.

TODO list
-OS version: Design all data grids
-OS version: Market graph
-Offer a simple and advanced GUI, with the simple GUI targeted at new users
-Implement client side Curve25519 encryption/signing
-Arbitrary message encryption


Donations
I hope you like my client and I’d be extremely happy to see some donations for the future of this project!

NXT: 1758531264253431177

M can be accessed as [C] or [M].

Like a transaction.
Scripts r executed when blocks r added to the blockchain.

Anyone can do that.

Where is indirect memory access?

I'm cool... I'm cool... ;-)  Will take a day off from NXT tomorrow. On average, NXT community rocks! :-)

Here r instructions proposed by me. Only pure logic, block/transaction handling will be added later. All numbers r signed 64-bit integers when accessing Data and signed 32-bit integers when referring to Code.

Legend: C - constant, M - memory

M = C
M = M

M = M + M
M = M - M
M = M * M
M = M / M
M = M % M

M = ~M
M = M & M
M = M | M
M = M ^ M
M = M << M
M = M >> M
M = M >>> M

M == M @ C (this is read as "if M₁ equals M₂ then jump to instruction at position C")
M != M @ C
M < M @ C
M <= M @ C
M > M @ C
M >= M @ C
@ M (this is an unconditional jump)


Nothing extraordinary.

Something that I probably missed:

How is the script being included into the scripts-blockchain? By sending it to forgers like transactions?
How is the script being deactivated on the blockchain i.e. nobody can execute in anymore?

Who has the permissions to do what?

Fee should be as close to zero to possible because processing a transaction costs basically nothing... it's so ridiculous this is even a question. 0.000001NXT.  

1000 TPS or whatever shouldn't be a problem, you only need about 32GB in theory (maximum, almost impossible case), a few MBs in practice for that. If that is a problem, just give each node 1/6 of required data (so you need 6 nodes to restore the thing) etc... but it shouldn't, ever.  

It's not uncommon at all

Apparently were entering a new phase, some new people come in, some developments create tension etc.

This happens in ANY group. It's not a biggie so long as a bit of lightheartedness stays.

Once we all take it very seriously, then there will be problems.

Some things didn't go the way we expected. That is never fun. Apparently they are fixable to some extent and some ideas will need to be changed.

Let's keep in mind that we are still moving enormously fast for a decentral group. A bit of appreciation for all your own efforts is a good thing.

Remind me not to compose replies in the browser window.  This is the third time I am writing this (second rewrite) because of "Bad Gateway."  I am replying on https://forums.nxtcrypto.org/viewtopic.php?f=15&t=738.  If I ever get this to post, it was because I used the firefox "reload" button instead of the "back" button, and replied "yes" to the "resend info" question.

Just stepped back in and caught up.  Lots of stuff going on in the few hours I was away.

Regarding min fee, I think Passion_ltc's estimate is good:  0.25

That's assuming there is a large jump in Nxt price.  $1 USD per NXT seems a bit unrealistic to me at this time.  Then again, as I like to tell my friends, if there's one thing I know I do understand about cryptocurrency markets it's that I don't understand cryptocurrency markets.  

On Visa speeds and marketing: If saying we have Visa speeds or 1000 tps is worrying people that it may lead to unfulfilled expectations then I think we don't have to compare Nxt to Visa in marketing.  Instead perhaps we should say near-real-time or near-instant transactions. Or just the fastest transaction times in cryptocurrency.

On Turing-completeness and marketing: we shouldn't use the T-word in marketing, or perhaps only in the fine print.  Instead, we should push "smart transactions" or "complex transactions automatically" or "programmable transactions" and have aside-style blurbs to explain further for those interested.

On Turing-completeness and other Nxt work: some people expressed concern that we would be working on this instead of other features.  They might have a point.  However, only speaking for myself, the area of virtual machines is something I have experience in and is a place I can contribute.  Other features of Nxt, that's all new territory for me so I can't just jump in an be productive in those areas.  

I took a look at zero-knowlege proofs and that might as well be black-mathemagic to me.  

But VMs I learned how to do those back in the '90s.

Forging on low-cost computers with limited storage: those days may be numbered.  Leasing forging power will be where we want to shift marketing once it is implemented.

On 0.5.12: oh shit.  Upgraded.

Everybody's Free To Wear SUNSCREEN

Some people is simply uneasy waiting for developments. Even if we were guinea pigs, the best we can do is chill. I second your deep breath.

Once BTT stops 502ing thanks to the Maxcoin launch...

Congratulations on the new version!
NRS (0.5.12) @ nxtio.org   -- UPDATED

I vote 0.1 Fee for transactions!
and 0.01 for messages! 1 NXT for alias.

Please add in https://localhost:7875/admin.html, a option for see the hallmark of the current node. Read web.xml manually is impractical!

PD: Also would be great to add a way to know that accounts are unlocked in the node.  

guys, lets all just take a step back for a second and take a deep breath.  it looks like we are well past the point where we start to fragment.  A few weeks ago we were all doing great as a team.  When did it start to change?  I went over to nextcoin to ask about something in the peerexplorer thread and got accused of hiding something for running my network of heavy-hallmarked VPSs.

Not sure what is going wrong here.. LOL is that the real experiment?  Is it really a social experiment BCNext is playing on us?  LOL

I know and that might be part of the reason I go balistic on these kind of post from him especially. It feels like he is the one to decide and critize and others who get sponsored (or not) got to do all the work.

1 NXT fee. I don't see any reason of lowering the fee today. Maybe then 1 NXT will be 1 USD.