Topic: NXT :: descendant of Bitcoin - Updated Information - page 1711. (Read 2761645 times)
Looks so promising... :-)
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I'm currently discussing NXT and Proof of Stake with reddit folks:
http://de.reddit.com/r/Bitcoin/comments/1uvn22/in_future_can_bitcoin_switch_to_proofofstake/
People with more sophisticated knowledge then me might want to step in the conversation.
One guy posted this:
http://www.reddit.com/r/Bitcoin/comments/1uoq6e/what_do_you_guys_think_of_proof_of_stake_mining/cek7vbc
What do you think about that?
Quote
quote author=newsilike link=topic=345619.msg4430501#msg4430501 date=1389366239]I'm currently discussing NXT and Proof of Stake with reddit folks:
http://de.reddit.com/r/Bitcoin/comments/1uvn22/in_future_can_bitcoin_switch_to_proofofstake/
People with more sophisticated knowledge then me might want to step in the conversation.
One guy posted this:
http://www.reddit.com/r/Bitcoin/comments/1uoq6e/what_do_you_guys_think_of_proof_of_stake_mining/cek7vbc
What do you think about that?
My friend n I made a video to discuss proof of stake here:
http://youtu.be/5XBtzeHrTDc
Tai Zen
[/quote]
I liked your previous video, too
Where do you find this pic ? I am not aware anyone making a client like this.
There's a piece i'm missing in NXT. With many of the other coins, you see shops and services popping up that take some particular altcoin as a payment, but not with NXT - why not? Only one shop so far.
I think if there was some NXT glue library that had the same interface as bitcoin, then it would greatly increase adoption of NXT.
As it is, entirely new code with not so simple (to ordinary programmers) logic needs to be implemented. Mistakes cause lost NXT, darkNXT, etc.
If anybody is familiar with how bitcoin is interfaced to other websites (and exchanges) and is able to create a module for NXT that has the same interface, I think that would be worth a bounty.
James
I am crowdsourcing to get the info for myth:
6. Nxt is a worthless scamcoin without mining
Why is mining so important for all Bitcoiners/altcoiners?
6. Nxt is a worthless scamcoin without mining
Why is mining so important for all Bitcoiners/altcoiners?
for the hardware lobby and money plane simple
It's the carrot. You can get into the system at almost any point, which drives adoption. You have to pay for NXT, but you can mine coins and altcoins and thus get into the system without investing fiat money.
This is also the reason why NXT has a rather fast adaption compared to Bitcoin. You can get into the system without fiat money.
I am crowdsourcing to get the info for myth:
6. Nxt is a worthless scamcoin without mining
Why is mining so important for all Bitcoiners/altcoiners?
6. Nxt is a worthless scamcoin without mining
Why is mining so important for all Bitcoiners/altcoiners?
for the hardware lobby and money plane simple
Just wanted to say that 0.5.3 is running incredibly well for me. Is anyone still having problems with stuck blocks?
mine keeps crashing or something cuz Firefox keeps asking me if I want to stop or continue the script... dont know whats the cause...
Yes that is at startup had the same problem with chrome, this needs to be fixed.
If you are downloading the blockchain from scratch, or a significant number of missing blocks, it is to be expected that the browser UI cannot handle that many blocks. This will not be fixed as there is nobody working on the browser UI. You need to wait until the blockchain is up to date, and then open the browser. Or restart the browser only when it hangs, not the java process too.
Ok I understand that, than we have to warn users it will take some time to download the blockchain and they have to wait till complete download, surtenly on the client side this will be needed.
As NEW dummie user I dont bother restarting browsers pushing F5's and downloading blockchains, delete blockchains and restarting from scratch again. you or a good working dummy proof client has to do that for me.
Maybe the client should have a feature to delete .nxt files and replace them if corrupt, and at startup there should be a message to have patience and wait
but that is all client side.
Pin
There's a piece i'm missing in NXT. With many of the other coins, you see shops and services popping up that take some particular altcoin as a payment, but not with NXT - why not? Only one shop so far.
The API is different from all the other copycat altcoins, so setting up a payment processor would take some work... and I'm not aware of any helper libraries out there yet to interact with the API.
There's some bit i'm missing in NXT. With many of the other coins, you see shops and services popping up that take some particular altcoin as a payment, but not with NXT - why not? Only one shop so far.
They can't integrate NXT that fast. It's much work because it's completely new. Same for exchanges. 
There's a piece i'm missing in NXT. With many of the other coins, you see shops and services popping up that take some particular altcoin as a payment, but not with NXT - why not? Only one shop so far.
I am crowdsourcing to get the info for myth:
6. Nxt is a worthless scamcoin without mining
Why is mining so important for all Bitcoiners/altcoiners?
6. Nxt is a worthless scamcoin without mining
Why is mining so important for all Bitcoiners/altcoiners?
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Stable release 0.5.5:
http://download.nxtcrypto.org/nxt-client-0.5.5.zip
sha256: aa20fb32fe7e6cda7debee59928d5aea8ff7c581c58a56ff68e8252eaf9368c7
Change log:
Added getGuaranteedBalance API:
http://localhost:7874/nxt?requestType=getGuaranteedBalance&account=account&numberOfConfirmations=numberOfConfirmations
returns the balance of an account only considering transactions with confimration count >= numberOfConfirmations.
The API requests getAccountBlockIds and getAccountTransactionIds now return sorted results.
Added getAccountPublicKey and getGuaranteedBalance to admin.html page.
More performance optimizations.
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Updated my site! Thanks. Hash: SHA1
Stable release 0.5.5:
http://download.nxtcrypto.org/nxt-client-0.5.5.zip
sha256: aa20fb32fe7e6cda7debee59928d5aea8ff7c581c58a56ff68e8252eaf9368c7
Change log:
Added getGuaranteedBalance API:
http://localhost:7874/nxt?requestType=getGuaranteedBalance&account=account&numberOfConfirmations=numberOfConfirmations
returns the balance of an account only considering transactions with confimration count >= numberOfConfirmations.
The API requests getAccountBlockIds and getAccountTransactionIds now return sorted results.
Added getAccountPublicKey and getGuaranteedBalance to admin.html page.
More performance optimizations.
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Just wanted to say that 0.5.3 is running incredibly well for me. Is anyone still having problems with stuck blocks?
mine keeps crashing or something cuz Firefox keeps asking me if I want to stop or continue the script... dont know whats the cause...
Yes that is at startup had the same problem with chrome, this needs to be fixed.
If you are downloading the blockchain from scratch, or a significant number of missing blocks, it is to be expected that the browser UI cannot handle that many blocks. This will not be fixed as there is nobody working on the browser UI. You need to wait until the blockchain is up to date, and then open the browser. Or restart the browser only when it hangs, not the java process too.
Just wanted to say that 0.5.3 is running incredibly well for me. Is anyone still having problems with stuck blocks?
mine keeps crashing or something cuz Firefox keeps asking me if I want to stop or continue the script... dont know whats the cause...
Yes that is at startup had the same problem with chrome, this needs to be fixed.
I marked with red an incorrect statement. Also u should add that network topology is a major factor that makes far predictions impossible.
I would think that the 15 second leeway given to nodes on the system clock would create some unpredictability, but if you say it is wrong, I will go with that. I changed the bad sentence to:
****
Due to each node having a different network topology based on the visible peers and changing of active forging accts, it is not 100% accurate, but this is by design.
****
With this info in the Whitepaper, are there any other points that need to be covered?
James
missing blocks, getting stuck downloading blockchain. clicking on icon page wont react no more..
2.50GB mermory usage, 25% cpu... No good, F5
needed to start up a second time to work fine.
works fine now but that start up needs addressed, or is this a jety problem.
There doesn;t seem to be a lot of information available on Arbitrary message feature.
One API call is enough. The rest is up to a developer who is going to use AM in his applications.
There doesn;t seem to be a lot of information available on Arbitrary message feature.
One guy posted this:
http://www.reddit.com/r/Bitcoin/comments/1uoq6e/what_do_you_guys_think_of_proof_of_stake_mining/cek7vbc
What do you think about that?
http://www.reddit.com/r/Bitcoin/comments/1uoq6e/what_do_you_guys_think_of_proof_of_stake_mining/cek7vbc
What do you think about that?
It's just a biased opinion.
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