NXT :: descendant of Bitcoin - Updated Information - page 1798.

subSTRATA

legendary

Activity: 1288

Merit: 1043

:^)

Quote from: superresistant on January 07, 2014, 09:52:57 AM

Quote from: subSTRATA on January 07, 2014, 09:50:19 AM

But then it went crazy again, what is happening?

Dude, wait for the nxt file to sync before opening the client.

Dude, STFU because you are not helping. I'm with NXT from the day 1 so I know what is normal and abnormal operation. I've just
redownloaded complete blockchain 2nd time in few hours, everything looked correct for a while but then NXT just went crazy with
orphans (check the orphan value on screenshoot) and corrupted my .nxt files beyond repair.

landomata

legendary

Activity: 2184

Merit: 1000

Quote from: ?? on ??

Quote from: landomata on January 07, 2014, 09:53:27 AM

Pls explain more how we can do this in a decentralized way ASAP....thank you....also trust how to fix that

I was proposing a solution to those that couldn't pursue the NXT/Fiat gateway due to extremely high taxes.

Tax solution...Check

You should get some reward for this one Wink

Passion_ltc

hero member

Activity: 714

Merit: 500

Crypti Community Manager

Quote from: subSTRATA on January 07, 2014, 09:58:23 AM

Quote from: subSTRATA on January 07, 2014, 09:50:19 AM

Quote from: subSTRATA on January 07, 2014, 09:30:37 AM

Quote from: BitAddict on January 07, 2014, 09:02:31 AM

Quote from: martismartis on January 07, 2014, 08:48:32 AM

Today I needed to restart client and java process 4 times. F5 doesn't help. client is 0.5.0. In command prompt windows sometimes are errors, sometimes not. After last crash and after F5, client gives "java.lang.NullPointerException" error after entering password. Something weird. Checked task manager, java uses 500 MB of memory after last time client crashed. No errors in command prompt window.

Happened the same to me. 3 times in a row today.

I had even worse issue, namely first my Firefox started freezing because orphans.html or something like that (script) was taking
too long to execute. I let it continue few times but than all coins on my account vanished. No incoming or outgoing transactions
at all! OK, restart everything, no change. Restart computer, no change. So I installed 0.5.1 and deleted everything in NXT folder,
so far everything works correctly.

Windows 0.5.1 client:

https://nextcoin.org/index.php/topic,2041.0.html

"Before upgrading your client, please backup the files blocks.nxt and transactions.nxt!!" IGNORE, I had to delete those files else
there was no change, e.g. I was missing all my coins!

But then it went crazy again, what is happening?

Well, RETARDS, I'm gonna quote my and others issues until you finaly STFU about irrelevant shits and move your very unimportant
debate elsewhere. For weeks now I was tolerant way beyond my usual levels but now you have pushed me into red zone. Fuck off!

Delete the *.nxt files and start it again.

subSTRATA

legendary

Activity: 1288

Merit: 1043

:^)

Quote from: brooklynbtc on January 07, 2014, 09:33:34 AM

Quote from: subSTRATA on January 07, 2014, 09:18:29 AM

Quote from: LiQio on January 06, 2014, 07:33:57 PM

Quote from: subSTRATA on January 06, 2014, 07:20:47 PM

Ermm why is my node uploading way more data than downloading? It is like that constantly.

same for me - looks like the columns were switched, didn't pay attention until now...
anyone else?

Could someone please answer our questions? Is it merely a bug somewhere or it is normal D:U ratio is 1:50+ ?

your node uploads more because it is steady and constant. all the clients that come and go and redownload the blockchain are leeching from you. If you stay online, and synced, you will only be downloading the new blocks as they are generated, tiny, but being a public node, you will also share those same blocks 100 or a 1000 times over

It still makes no sense because neither I'm running public node nor it takes a lot of time for me to stay online for D:U ratio to
reach 1:50 or so. It starts happening as soon as I run NXT.

subSTRATA

legendary

Activity: 1288

Merit: 1043

:^)

Quote from: subSTRATA on January 07, 2014, 09:50:19 AM

Quote from: subSTRATA on January 07, 2014, 09:30:37 AM

Quote from: BitAddict on January 07, 2014, 09:02:31 AM

Quote from: martismartis on January 07, 2014, 08:48:32 AM

Today I needed to restart client and java process 4 times. F5 doesn't help. client is 0.5.0. In command prompt windows sometimes are errors, sometimes not. After last crash and after F5, client gives "java.lang.NullPointerException" error after entering password. Something weird. Checked task manager, java uses 500 MB of memory after last time client crashed. No errors in command prompt window.

Happened the same to me. 3 times in a row today.

I had even worse issue, namely first my Firefox started freezing because orphans.html or something like that (script) was taking
too long to execute. I let it continue few times but than all coins on my account vanished. No incoming or outgoing transactions
at all! OK, restart everything, no change. Restart computer, no change. So I installed 0.5.1 and deleted everything in NXT folder,
so far everything works correctly.

Windows 0.5.1 client:

https://nextcoin.org/index.php/topic,2041.0.html

"Before upgrading your client, please backup the files blocks.nxt and transactions.nxt!!" IGNORE, I had to delete those files else
there was no change, e.g. I was missing all my coins!

But then it went crazy again, what is happening?

Well, RETARDS, I'm gonna quote my and others issues until you finaly STFU about irrelevant shits and move your very unimportant
debate elsewhere. For weeks now I was tolerant way beyond my usual levels but now you have pushed me into red zone. Fuck off!

landomata

legendary

Activity: 2184

Merit: 1000

Quote from: ?? on ??

Quote from: landomata on January 07, 2014, 09:44:21 AM

GREAT IDEA

1) So the USD would be deposit to this account...by wire transfer or western union etc...

2) to withdraw USD IBC would wire money to the recipient...so they will still be wiretransfer delays & fees

Edit: would this require serious manpower?

Online Banking has made these transfers very easy, just make sure the Belize Bank you choose offers it. Actually, the bank account does not even have to be with a Belize Bank as long as you find a bank that would be willing to open an account for the IBC and NOT you. It could be in any country... plus the IBC can offer deposits through an online payment service through its merchant account and customers will be able to deposit even with their Debit/Credit Cards. If income is earned outside Belize, there is NO TAX.

Pls explain more how we can do this in a decentralized way ASAP....thank you....also trust how to fix that

edit: we still need to trust the person doing the transfers

superresistant

legendary

Activity: 2156

Merit: 1131

Quote from: subSTRATA on January 07, 2014, 09:50:19 AM

Quote from: subSTRATA on January 07, 2014, 09:30:37 AM

I had even worse issue, namely first my Firefox started freezing because orphans.html or something like that (script) was taking
too long to execute. I let it continue few times but than all coins on my account vanished. No incoming or outgoing transactions
at all! OK, restart everything, no change. Restart computer, no change. So I installed 0.5.1 and deleted everything in NXT folder,
so far everything works correctly.
Windows 0.5.1 client:
https://nextcoin.org/index.php/topic,2041.0.html
"Before upgrading your client, please backup the files blocks.nxt and transactions.nxt!!" IGNORE, I had to delete those files else
there was no change, e.g. I was missing all my coins!

But then it went crazy again, what is happening?

Dude, wait for the nxt file to sync before opening the client.

landomata

legendary

Activity: 2184

Merit: 1000

Quote from: laowai80 on January 07, 2014, 09:49:49 AM

There are laws in place to curb flight of capital to foreign shores.

something along the lines of Localbitcoin....could get around this capital flight thing...if the fiat doesn;t leave the country then its not really capital flight.

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: landomata on January 07, 2014, 09:44:21 AM

Edit: would this require serious manpower?

They do have online banking there, you know

subSTRATA

legendary

Activity: 1288

Merit: 1043

:^)

Quote from: subSTRATA on January 07, 2014, 09:30:37 AM

Quote from: BitAddict on January 07, 2014, 09:02:31 AM

Quote from: martismartis on January 07, 2014, 08:48:32 AM

Today I needed to restart client and java process 4 times. F5 doesn't help. client is 0.5.0. In command prompt windows sometimes are errors, sometimes not. After last crash and after F5, client gives "java.lang.NullPointerException" error after entering password. Something weird. Checked task manager, java uses 500 MB of memory after last time client crashed. No errors in command prompt window.

Happened the same to me. 3 times in a row today.

I had even worse issue, namely first my Firefox started freezing because orphans.html or something like that (script) was taking
too long to execute. I let it continue few times but than all coins on my account vanished. No incoming or outgoing transactions
at all! OK, restart everything, no change. Restart computer, no change. So I installed 0.5.1 and deleted everything in NXT folder,
so far everything works correctly.

Windows 0.5.1 client:

https://nextcoin.org/index.php/topic,2041.0.html

"Before upgrading your client, please backup the files blocks.nxt and transactions.nxt!!" IGNORE, I had to delete those files else
there was no change, e.g. I was missing all my coins!

But then it went crazy again, what is happening?

laowai80

member

Activity: 98

Merit: 10

There are laws in place to curb flight of capital to foreign shores.

superresistant

legendary

Activity: 2156

Merit: 1131

Quote from: ?? on ??

Quote from: salsacz on January 07, 2014, 09:01:05 AM

Maybe we could create an asset organisation in some exotic liberal country? Would you pay me for living in Seychelles or in Panama? Cheesy

If one were truly committed to creating a NXT/Fiat gateway... the best way to go would be through a Belize International Business Company (IBC) that is owned by a Belize Trust.
Here is how you do it:
...

Oh yes. Someone must do it asap. NXT will skyrocket.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: ?? on ??

Quote from: salsacz on January 07, 2014, 09:01:05 AM

Maybe we could create an asset organisation in some exotic liberal country? Would you pay me for living in Seychelles or in Panama? Cheesy

If one were truly committed to creating a NXT/Fiat gateway... the best way to go would be through a Belize International Business Company (IBC) that is owned by a Belize Trust.

Here is how you do it:

a. You create the Belize Trust (Trustees, Beneficiaries, etc.)
b. The Trust incorporates the IBC; thus the Trust is the owner of the IBC and not the beneficiaries of the Trust.
c. IBC creates a business presence online (website, NXT Asset Exchange gateway, etc.)
d. All bank, merchant, exchange, etc. accounts are opened by the IBC.
e. Belize bank account is in $.
f. The physical address associated with all accounts is the corporate address of the IBC.
g) There is NO TAX for income earned from IBCs outside Belize.

You are looking at $1500-2000 to set this up and around $1000 yearly expenses to renew the Belize contracts.

And YES... it is all COMPLETELY LEGAL!!! Wink

Interesting. Another way to fight the red-tape. Aside the credibility issue, this Belize Trust is a centralized entity so basically we go through a centralized party to be able to implement a decentralized exchange idea. Talk about irony

Passion_ltc

hero member

Activity: 714

Merit: 500

Crypti Community Manager

Quote from: BitWalker1 on January 07, 2014, 09:45:32 AM

Hi, sorry for a newbie question!

I have just startet to explore Nxt a little, downloaded and installed version 0.4.8,
bought some Nxt to have something to play with (I have 558 NXT),
and now I have the wallet open and running since about 3 days (localhost:7875).

Currently it shows active peers=131, recent blocks=2588 and my question now is:
Why the number of days telling me when I can generate the next block is jumping up or down all couple of minutes?
It startet first telling me in 5 days, later in 144, then about 500, later about 300, back to 90 ...
currently it shows in 114 days 12 hours ...

From what it depends on?

Cheers,
BitWalker

From how many other guys have their client forging. Wink

Jean-Luc

sr. member

Activity: 392

Merit: 250

Quote from: LiQio on January 07, 2014, 09:33:28 AM

Quote from: Jean-Luc on January 07, 2014, 08:27:56 AM

Quote from: starik69 on January 07, 2014, 08:20:47 AM

Recent blocks [-2920] Sad

Code:

[2014-01-07 17:17:37.372] Generated an incorrect block. Waiting for the next one...
[2014-01-07 17:17:38.228] Re-scanning blockchain...

Did you try reloading the page in the browser, or you had to restart java process to fix it?

No other errors in the log (except the usual jetty warning exceptions)?

Jean-Luc, like to report, had it again - did a refresh and waited a bit longer this time.

java console displays

Code:

[2014-01-07 15:15:08.995] Generated an incorrect block. Waiting for the next one
...
[2014-01-07 15:15:17.713] Generated an incorrect block. Waiting for the next one
...
[2014-01-07 15:15:32.307] Re-scanning blockchain...
[2014-01-07 15:15:51.448] Generated an incorrect block. Waiting for the next one
...

it looks like it catched up now, I see:
35168      4747512364439223888      7. Jan. 2014 15:26:13
11      6'998 + 12      1'416 B
2      5716360880337650150      247 %

But balance is wrong, the one in web-gui is too high and not the same as the correct one I get when issuing request: http://localhost:7874/nxt?requestType=getBalance&account=xxx

That's good, so we are on the right track. The server has rescanned the blockchain and knows the correct balances, now I need one more fix to have the GUI updated too.

BitWalker1

newbie

Activity: 33

Merit: 0

Hi, sorry for a newbie question!

I have just startet to explore Nxt a little, downloaded and installed version 0.4.8,
bought some Nxt to have something to play with (I have 558 NXT),
and now I have the wallet open and running since about 3 days (localhost:7875).

Currently it shows active peers=131, recent blocks=2588 and my question now is:
Why the number of days telling me when I can generate the next block is jumping up or down all couple of minutes?
It startet first telling me in 5 days, later in 144, then about 500, later about 300, back to 90 ...
currently it shows in 114 days 12 hours ...

From what it depends on?

Cheers,
BitWalker

landomata

legendary

Activity: 2184

Merit: 1000

Quote from: ?? on ??

Quote from: salsacz on January 07, 2014, 09:01:05 AM

Maybe we could create an asset organisation in some exotic liberal country? Would you pay me for living in Seychelles or in Panama? Cheesy

If one were truly committed to creating a NXT/Fiat gateway... the best way to go would be through a Belize International Business Company (IBC) that is owned by a Belize Trust.

Here is how you do it:

a. You create the Belize Trust (Trustees, Beneficiaries, etc.)
b. The Trust incorporates the IBC; thus the Trust is the owner of the IBC and not the beneficiaries of the Trust.
c. IBC creates a business presence online (website, NXT Asset Exchange gateway, etc.)
d. All bank, merchant, exchange, etc. accounts are opened by the IBC.
e. Belize bank account is in $.
f. The physical address associated with all accounts is the corporate address of the IBC.
g) There is NO TAX for income earned from IBCs outside Belize.

You are looking at $1500-2000 to set this up and around $1000 yearly expenses to renew the Belize contracts.

And YES... it is all COMPLETELY LEGAL!!! Wink

GREAT IDEA

1) So the USD would be deposit to this account...by wire transfer or western union etc...

2) to withdraw USD IBC would wire money to the recipient...so they will still be wiretransfer delays & fees

Edit: would this require serious manpower?

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: ?? on ??

If one were truly committed to creating a NXT/Fiat gateway... the best way to go would be through a Belize International Business Company (IBC) that is owned by a Belize Trust.

Here is how you do it:

a. You create the Belize Trust (Trustees, Beneficiaries, etc.)
b. The Trust incorporates the IBC; thus the Trust is the owner of the IBC and not the beneficiaries of the Trust.
c. IBC creates a business presence online (website, NXT Asset Exchange gateway, etc.)
d. All bank, merchant, exchange, etc. accounts are opened by the IBC.
e. Belize bank account is in $.
f. The physical address associated with all accounts is the corporate address of the IBC.
g) There is NO TAX for income earned from IBCs outside Belize.

You are looking at $1500-2000 to set this up and around $1000 yearly expenses to renew the Belize contracts.

And YES... it is all COMPLETELY LEGAL!!! Wink

Bookmarking...

brooklynbtc

sr. member

Activity: 336

Merit: 250

AKA jefdiesel

Quote from: subSTRATA on January 07, 2014, 09:18:29 AM

Quote from: LiQio on January 06, 2014, 07:33:57 PM

Quote from: subSTRATA on January 06, 2014, 07:20:47 PM

Ermm why is my node uploading way more data than downloading? It is like that constantly.

same for me - looks like the columns were switched, didn't pay attention until now...
anyone else?

Could someone please answer our questions? Is it merely a bug somewhere or it is normal D:U ratio is 1:50+ ?

your node uploads more because it is steady and constant. all the clients that come and go and redownload the blockchain are leeching from you. If you stay online, and synced, you will only be downloading the new blocks as they are generated, tiny, but being a public node, you will also share those same blocks 100 or a 1000 times over

LiQio

legendary

Activity: 1181

Merit: 1002

Quote from: Jean-Luc on January 07, 2014, 08:27:56 AM

Quote from: starik69 on January 07, 2014, 08:20:47 AM

Recent blocks [-2920] Sad

Code:

[2014-01-07 17:17:37.372] Generated an incorrect block. Waiting for the next one...
[2014-01-07 17:17:38.228] Re-scanning blockchain...

Did you try reloading the page in the browser, or you had to restart java process to fix it?

No other errors in the log (except the usual jetty warning exceptions)?

Jean-Luc, like to report, had it again - did a refresh and waited a bit longer this time.

java console displays

Code:

[2014-01-07 15:15:08.995] Generated an incorrect block. Waiting for the next one
...
[2014-01-07 15:15:17.713] Generated an incorrect block. Waiting for the next one
...
[2014-01-07 15:15:32.307] Re-scanning blockchain...
[2014-01-07 15:15:51.448] Generated an incorrect block. Waiting for the next one
...

it looks like it catched up now, I see:
35168      4747512364439223888      7. Jan. 2014 15:26:13
11      6'998 + 12      1'416 B
2      5716360880337650150      247 %

But balance is wrong, the one in web-gui is too high and not the same as the correct one I get when issuing request: http://localhost:7874/nxt?requestType=getBalance&account=xxx

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1798. (Read 2761645 times)