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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1399. (Read 2761645 times)

legendary
Activity: 2184
Merit: 1000
@ CfB....i;ve been thinking and it seems that if you issued a token in the Asset exchange lets say in the amount of 1,000,000,000  for a price of 1 Nxt it would equal 1,000,000,000 nxt market cap.

If the price on the 1 billion tokens increased to 1.01 Nxt then the market cap of the issued tokens would be more than the current Nxt coinbase.

So this asset would be larger than the currency in which it is priced....this would be similar to derivatives in the real world....so to conclude the Nxt Asset exchange is really a decentralized derivatives marketplace.



hero member
Activity: 616
Merit: 500
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Follow!; https://twitter.com/NXTmovement for the latest NXT / Cryptocoin news.
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hero member
Activity: 798
Merit: 500
Who's running NRS 0.5.10? How does it perform for you so far?
full member
Activity: 238
Merit: 100
guys I  am trying http://wiki.nxtcrypto.org/wiki/Nxt_API#Asset_exchange_operations on my 0.5.9  node.... none works!

I saw ppl discuss this so i thought it was enabled already!

the asset exachange ones only work on the dev server holms.cloudapp.net  get me your account ID on there an I can send you some text NXT
legendary
Activity: 2184
Merit: 1000
With a block time of 1 min give or take 10 seconds, transactions would have to happen offline, right? I think this is possible due to proof of stake. But if this is the method behind 1,000 TPS there should be no limit to the amount of transactions per second aside from the maximum size of a block.

Theoretically, would 60k tps be possible if in the other 59 seconds 0 transactions occurred?

I don't think that there will be empty blocks in the future.

it took 2 months almost to get to 100,000 transaction....with 1000 TPS it would take less than 2 minutes theoretically...I don't see what will generate so many transactions that their won't be some empty blocks.

by the way one of the goals at Nxt Mobile App. Co. is to be doing 1-2 million transactions (Messages) per. day by the end of our 1st year.
full member
Activity: 168
Merit: 100
IDEX - LIVE Real-time DEX
For those that want to take time off from reading this big ass thread. Here are two handy links:

J-L posts: https://bitcointalksearch.org/user/jean-luc-166843
C-F-B posts: https://bitcointalksearch.org/user/come-from-beyond-46556

If anyone has an inspiration for an interesting NXT server/messaging/agents project and needs a developer, let me know by PM. I'll be in my code cave patiently awaiting 0.6.0 refactor and meditating on some novel ideas for NXT projects.
full member
Activity: 224
Merit: 100
Ok... you've made me think. I'll look into the possibilities of porting my code to XE5 and switching to standard and open source components only. I'll also evaluate FireMonkey instead of VCL which would mean I could compile to OSX and Windows 32/64 bit.
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
guys I  am trying http://wiki.nxtcrypto.org/wiki/Nxt_API#Asset_exchange_operations on my 0.5.9  node.... none works!

I saw ppl discuss this so i thought it was enabled already!
newbie
Activity: 14
Merit: 0
Hi everybody, I just wanted to write that I follow this thread and NXT since some weeks. Its amazing what is going on in this community and I know why I invested all I can.
Keep up the great work and always remember that even lurkers like I am understand how special this story is Smiley To think about altcoins means to believe in ideas.


You've warmed my icy heart with that lovely sentimant thx naurisdede
Then I was able to contribute to NXT a slightest tad, fine! Thank you Chang Hum Smiley
sr. member
Activity: 491
Merit: 250
S P 8 D E
With a block time of 1 min give or take 10 seconds, transactions would have to happen offline, right? I think this is possible due to proof of stake. But if this is the method behind 1,000 TPS there should be no limit to the amount of transactions per second aside from the maximum size of a block.

Theoretically, would 60k tps be possible if in the other 59 seconds 0 transactions occurred?

I don't think that there will be empty blocks in the future.

price needs to skyrocket here

EDIT: after your message that is Cheesy
legendary
Activity: 2142
Merit: 1010
Newbie
With a block time of 1 min give or take 10 seconds, transactions would have to happen offline, right? I think this is possible due to proof of stake. But if this is the method behind 1,000 TPS there should be no limit to the amount of transactions per second aside from the maximum size of a block.

Theoretically, would 60k tps be possible if in the other 59 seconds 0 transactions occurred?

I don't think that there will be empty blocks in the future.
hero member
Activity: 714
Merit: 502
Hi everybody, I just wanted to write that I follow this thread and NXT since some weeks. Its amazing what is going on in this community and I know why I invested all I can.
Keep up the great work and always remember that even lurkers like I am understand how special this story is Smiley To think about altcoins means to believe in ideas.


You've warmed my icy heart with that lovely sentimant thx naurisdede
newbie
Activity: 14
Merit: 0
Hi everybody, I just wanted to write that I follow this thread and NXT since some weeks. Its amazing what is going on in this community and I know why I invested all I can.
Keep up the great work and always remember that even lurkers like I am understand how special this story is Smiley To think about altcoins means to believe in ideas.
legendary
Activity: 2142
Merit: 1010
Newbie
Will it be implemented in April?

No. In April we won't have 100% implemented TF.
newbie
Activity: 56
Merit: 0
Any other coin can have a lot of features but once Nxt switches 1000+ tps mode on, all competitors will be left behind.

With a block time of 1 min give or take 10 seconds, transactions would have to happen offline, right? I think this is possible due to proof of stake. But if this is the method behind 1,000 TPS there should be no limit to the amount of transactions per second aside from the maximum size of a block.

Theoretically, would 60k tps be possible if in the other 59 seconds 0 transactions occurred?
full member
Activity: 221
Merit: 100
What can your LAK do that neither NXT, nor Bitcoin can?

U could ask the same about Litecoin...

Don't you think it is too soon to create an Alt coin to compete with Nxt? No offense.

Any other coin can have a lot of features but once Nxt switches 1000+ tps mode on, all competitors will be left behind.

Will it be implemented in April?
sr. member
Activity: 897
Merit: 284
Nxt 0.5.10 Web-based Windows Installer has been released here:

https://forums.nxtcrypto.org/viewtopic.php?f=15&t=311

or here:

https://nextcoin.org/index.php/topic,1902.0.html

Let me know if you run into any issues as this is the first release after a complete re-write of the installer.
legendary
Activity: 1181
Merit: 1018
Messaging Question:  Guys - How is the client informed when it has actally received a Message from another account? I have been going through the api calls, but I can't seem ti identify anything that might tell me that a message has arrived...  


And what is the 'broadcastTransaction' for Huh

Other than your transactions will list it as incoming transaction with zero Nxt and 1 Nxt fee, nothing really.  New clients will have a message tab so you can access all your messages in one spot.  

Thanks, I think that is exactly the info I needed!
legendary
Activity: 1470
Merit: 1004
Messaging Question:  Guys - How is the client informed when it has actally received a Message from another account? I have been going through the api calls, but I can't seem ti identify anything that might tell me that a message has arrived...  


And what is the 'broadcastTransaction' for Huh

Other than your transactions will list it as incoming transaction with zero Nxt and 1 Nxt fee, nothing really.  New clients will have a message tab so you can access all your messages in one spot.  
legendary
Activity: 2142
Merit: 1010
Newbie
What can your LAK do that neither NXT, nor Bitcoin can?

U could ask the same about Litecoin...

Don't you think it is too soon to create an Alt coin to compete with Nxt? No offense.

Any other coin can have a lot of features but once Nxt switches 1000+ tps mode on, all competitors will be left behind.
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