Topic: NXT :: descendant of Bitcoin - Updated Information - page 1922. (Read 2761645 times)

Damn, good point... We need to have IDRs and such for investment related activity. I think I might start a cryptographic investment bank when the asset exchange goes online.

Thanks for comment!
Is it normal, though?

I am on NRS 0.4.8, and wonder if it happens with everyone?! I don't think it is, because people suppose to forge days without crash, right

security checks...  security as far as i can tell good enough. but I think it was something to do with client or maybe memory run out... (nothing to do with account itself, i think )

yes! and we will do.
i am just adding the last components for the explorer (alias search), cleaning the codebase
and finalize the explorer. it was planned to add some more features (filters/pagination/charts/mining calculator)
but i think these are not so important, as long the main funktion is working properly. this can be done
later and is on my todo list. i see the explorer more than a community asset than a personal project.

tomorrow i am starting the client/asset-exchange fulltime, which means much more output from my side.
the asset exchange is the most difficult part (async api/data storage/charts/order matching/different instruments
like shared revenue, options, bonds etc.) but once fully functional all other services can be plugged in very fast.
i guess much faster than other competitioners. the first beta should be ready in ~3 weeks (which is very sporty),
ready to check heavily via testnet. if no major bugs are found the final is planned 1-2 weeks later and yes, competition
is good, have no problems with that. 

btw, happy new year!

Thanks! Makes sense.

Wait until you win big and the issuer defaults

I would definitely buy virtual high performance CDs though  .

Hehe....thats what I call true decentralization 

smaragda is correct. Anyone can be BTC/NXT gateway if he wants. Actually I would rather have mBTC/NXT gateway. Just one more thing, it would be extremely difficult to get a market going. Ripple has been here for years with huge backing and it is going no where. Regardless how many BTC/NXT gateways are there in NXT asset, I for one would be extremely difficult to be persuaded to buy one BTC from you. If want BTC I would rather go for the real thing at coinbase or BTC-China or bitstamp.

BCNext will decide.

A lot of people can issue BTC asset. But only one will be allowed to name it "BTC".

Quick question:

What do I have to insert here for *youruser* and *yourgroup* ?

wget http://109.230.224.65/~nxt/nxt_rasppi.tar.gz
tar -xpf nxt_rasppi.tar.gz
chown -R *youruser*:*yourgroup* nxt/
cd nxt
ln -fs webapps/root/WEB-INF/web.xml configfile
./run_nxt.sh

Do not compare yourself to us.  You are not our equal.

You are not "human".  You are subhuman.  You are an animal.

You have no pride and you have no legacy.

Look at the average BTC tx cost over the past couple months.  NXT would have to be at $0.35 to justify that.

Fair enough. Thanks.

well, no respond from experienced nxters, yet...

so blocks.nxt was about 5 mb, but blocks.nxt.bak is about 11.3 mb so I did copy bak file and replace blocks.nxt. Now I get,
"Loading blocks ..."
...Done
and client started to work again. But no idea what caused the crash, maybe there is small bug

I think its about time to reduce the transactions fees to 0.1 or 0.01 NXT.

Who knows. Why would you poison a developer link with a hacked client that sends you the passwords? Don't give me the "trying to show the community how easy it is / teach us a lesson" garbage, you could have just as easily displayed a popup the said "Be careful this isn't the real client" to get this point across, instead you stole the passwords, and then stole the funds. Its not too late to have the "real" hacker contact you through your email and have you convince him to send the NXT back.

I believe it is something to do with "blocks.nxt" file?!

Jean-luc

Now that we know api v2 will support client side signing, this is fantastic news!

I want to start getting large scale (millions of nxt) value investors for nxt

I want to be able to truthfully say that nxt is the most secure crypto, bar none, even for non-technical users. I realize that a lot of this will have to be put into nexern's client, but i figure the more built in support he has to build on, the quicker we can all get this added security.

As we have all learned max entropy private keys are a must, both for nxt account password and transaction signing password.

If there is a way to support fragmented accounts without requiring cumbersome juggling of long passwords that would be fantastic. I realize that if a computer is compromised, so are all the passwords, but the truly paranoid can make paper copies of the private keys. People who can rely on their machine to be un compromised can keep all the passwords for the fragmented accts in yet another encrypted file (google authenticator?). I guess that would be a wallet.dat

So complicated, so difficult, but for nxt to become a significant chunk of the global economy, so necessary.

I apologize for being such a pain, but people with millions of dollars to invest will want the best. I imagine that the founders will appreciate all this added security also. I hope everybody understands how important security is, perceived and actual. With the new level of security we will have a path to nxt > .01 btc

James

Hmmm....which makes it difficult to decide whether the explanation is good enough to get the coins. Maybe other users will have better explanations. What then? Distribute among them?