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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1451. (Read 2761645 times)

legendary
Activity: 1722
Merit: 1217
Why Only 1000 bytes for arbitrary message?

An arbitrary number was taken.

hey cfb is there any reason why someone would have to store arbitrary messages on their computer for all time. I was thinking that after like a month or something people would be able to delete them out of their blockchain to save space. Do i have this right?
full member
Activity: 210
Merit: 100

Pedantic, but: this is why the "official" currency code for Nxt would be XNT, in accordance with ISO 4217.  FYI, BTC is known as XBT.
legendary
Activity: 2142
Merit: 1010
Newbie
Why Only 1000 bytes for arbitrary message?

An arbitrary number was taken.

But how can someone send a file? I can only split but with a 2 MB files became impossible

The main purpose of Arbitrary Messages is to send signals, not to store data. During the shrinking all AMs will be removed.
sr. member
Activity: 294
Merit: 250
Why Only 1000 bytes for arbitrary message?

An arbitrary number was taken.

But how can someone send a file? I can only split but with a 2 MB files became impossible
legendary
Activity: 1176
Merit: 1134
Good promotion by a twitter day trader: https://twitter.com/ActualAdviceBTC/status/425678532639858688

Quote
throwing some #doge winnings into #NXT... not many exchanges for it yet tho http://www.cryptocoincharts.info/#jump-nxt-btc  I guess btc is flat enough to play alts

around 50 DOGE for NXT seems to be the current value. As the two markets start to diverge, it would be possible to play the variance around this ratio, eg. sell DOGE for NXT at <40, buy back at >60

If that really works, it would be a significant gain each round turn. The danger of course is the DOGE can go totally out of control and so can NXT. Trade only what you don't mind holding for a long time.

James
legendary
Activity: 2142
Merit: 1010
Newbie
Why Only 1000 bytes for arbitrary message?

An arbitrary number was taken.
full member
Activity: 168
Merit: 100
IDEX - LIVE Real-time DEX
Good promotion by a twitter day trader: https://twitter.com/ActualAdviceBTC/status/425678532639858688

Quote
throwing some #doge winnings into #NXT... not many exchanges for it yet tho http://www.cryptocoincharts.info/#jump-nxt-btc  I guess btc is flat enough to play alts
sr. member
Activity: 294
Merit: 250
Why Only 1000 bytes for arbitrary message?
legendary
Activity: 2142
Merit: 1010
Newbie
If these four will be reference implementations recommended for other developers to use, I think it would make sense for someone to spend the effort to benchmark and test on various browsers. All four implementations appear to be done in different ways, which means different performance and also potentially different compatibility.

Would be bad PR if any of the reference code has significant compatibility issues. Maybe someone can offer a small bounty for this? I am about to go on the road again, so I won't be able to test this, but I am sure there are people eager to earn a bit of NXT.

I don't even know how one would test this, so maybe someone that does could post testing instructions?

James

The other developers should do this work by themselves.
legendary
Activity: 1176
Merit: 1134
How much work is it to benchmark all 4 on the same platform? I would like to know the TPS and I think it makes sense for there to be published performance and also test results. Since it is JS, doesn't that mean it is browser specific? Do all four run on all popular browsers?

James

I tested only signing in Chrome.

If these four will be reference implementations recommended for other developers to use, I think it would make sense for someone to spend the effort to benchmark and test on various browsers. All four implementations appear to be done in different ways, which means different performance and also potentially different compatibility.

Would be bad PR if any of the reference code has significant compatibility issues. Maybe someone can offer a small bounty for this? I am about to go on the road again, so I won't be able to test this, but I am sure there are people eager to earn a bit of NXT.

I don't even know how one would test this, so maybe someone that does could post testing instructions?

James
hero member
Activity: 840
Merit: 1002
Simcoin Developer
Just some stats: here's how my 9000 unique IPs so far are distributed:


sr. member
Activity: 897
Merit: 284
Yes, this would be the solution - if that alias of account number was locked and only the account itself can own it, then we can do this. If it is squattable, then it isn't possible to do.

CFB, what are your thoughts?

Squatting is allowed. Let's find another way.

Of course it is - squatting is one of the value's of aliases... So lets not call it an alias (even if that might be its implementation)

you have previously proposed locking 10 accounts in a special way for a specific reason..

So why not give all accounts a single new attribute which would support client/app/service development?

Alias might be the basis of its implementation but you could call it what you like.

+2
sr. member
Activity: 308
Merit: 250
Yes, this would be the solution - if that alias of account number was locked and only the account itself can own it, then we can do this. If it is squattable, then it isn't possible to do.

CFB, what are your thoughts?

Squatting is allowed. Let's find another way.

Of course it is - squatting is one of the value's of aliases... So lets not call it an alias (even if that might be its implementation)

you have previously proposed locking 10 accounts in a special way for a specific reason..

So why not give all accounts a single new attribute which would support client/app/service development?

Alias might be the basis of its implementation but you could call it what you like.

+1  -- just use a special format of alias, like suggested @ followed by account ID.

It is my understanding that @ is not allowed at the moment, so the code could be changed so that only the account itself can create @ACCOUNT_ID.
legendary
Activity: 2142
Merit: 1010
Newbie
How much work is it to benchmark all 4 on the same platform? I would like to know the TPS and I think it makes sense for there to be published performance and also test results. Since it is JS, doesn't that mean it is browser specific? Do all four run on all popular browsers?

James

I tested only signing in Chrome.
legendary
Activity: 1470
Merit: 1004
He's busy with NEM.  Question for CFB; Is a Reputation System being developed by JLC or You? (or plans to develop)  I was going to offer a bounty for a working version, implemented using public AM.  

Reputation System is not going to be implemented in foreseeable future.

Thank you.
sr. member
Activity: 952
Merit: 253
Yes, this would be the solution - if that alias of account number was locked and only the account itself can own it, then we can do this. If it is squattable, then it isn't possible to do.

CFB, what are your thoughts?

Squatting is allowed. Let's find another way.

Of course it is - squatting is one of the value's of aliases... So lets not call it an alias (even if that might be its implementation)

you have previously proposed locking 10 accounts in a special way for a specific reason..

So why not give all accounts a single new attribute which would support client/app/service development?

Alias might be the basis of its implementation but you could call it what you like.
legendary
Activity: 2142
Merit: 1010
Newbie
He's busy with NEM.  Question for CFB; Is a Reputation System being developed by JLC or You? (or plans to develop)  I was going to offer a bounty for a working version, implemented using public AM.  

Reputation System is not going to be implemented in foreseeable future.
legendary
Activity: 1120
Merit: 1000
Does anybody know what time the strange fractional orders on dgex got cleared last night? For a few hours bter was trading 50% above dgex. That is clearly unsustainable and my guess is that the bter market got arbitraged down to the dgex price. Since the dgex price seemed to be stuck, this means the downward move from .00016 was not due to big seller, but arbitrage, or perceived arbitrage. The NXT/CNY value peaked at .85 and dropped to match the dgex price.

It seems the dgex price is unstuck now and this bounce at .00016 is the second time, regardless of the reason. It is not uncommon for a price to bounce three times before breaking out. I think it is good that it has come back down a bit as the rise was too extreme. Gather some support at .0001 and gradually get back to .00016, bounce back a bit and then finally breakthrough. That would be a sustainable pattern that would then turn .00016 from a price ceiling (resistance) to price floor (support).

Of course, this is crypto, so anything can happen, but I think there is a significant amount of fast money parked in NXT right now, so it could follow more standard technical patterns

James

I enjoy reading your analysis.

Oh and btw...Frictionless has another project going on:

http://cryptosource.org/ixcoin-a-very-old-bitcoin-clone-ready-to-skyrocket/

He's trying to dethrone Bitcoin, Mastercoin and now NXT.

Will he succeed? Stay tuned...
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