Topic: NXT :: descendant of Bitcoin - Updated Information - page 2237. (Read 2761640 times)

I don't know why it would say 661. I tried to buy 160, plus the 1 from the faucet would make 161. maybe a random person tried to give me 500? I did post my address in a few threads but nobody said they sent anything

Does the security risk come from someone intercepting your private key when you submit it to your server?  Is there any risk *after* you have unlocked your account on the VPS?

I'd really like to run my account's node in a remote VPS and I'm hoping I could destroy/recreate the VPS before entering my private key in order to minimize the risk.

4 VPS Nodes up and running with my own money. The 2GB ones are hallmarked.

Yes, but the other hand if all 1B was distibuted the price would be around 0.000000nothing and no one would know about Nxt. Most people have found Nxt on coinmarketcap.com, saw its growth and decided to find out more. Then they realised how great it is and bought some. I found my way to Nxt through coinmarketcap as well. I don't know who are the stockholders, pro investors or just random people but I think it works for Nxt after all.

I will add new VPSs Public Node for a minimum of 3 months for every 3000 NXT donation sent to 9060914620736248721

Thanks

I follow this thread for some time and find the concept of next fantastic. I hope it prospers!
But I feel the same unease as you do regarding the initial distribution. Though I have no solution for a concept that starts as 100% PoS.
If you don't start as 100% PoS but combine it with PoW to achieve a fairer distribution, that could mitigate the unease regarding distribution a little bit. Early adopters always have an advantage - at least if the mission is successful. But they have the risk of paying money for nothing.
What about the distribution of Bitcoins?

I don't want to hijack this thread. But if you can live with a PoS/PoW hybrid, have a look at Peercoin. I think Nxt and Peercoin could complement one another. If Nxt works like designed it might become a great payment processor while Peercoin might tend to become a safe store of value.
Just my 2 cents.
Continue that great Nxt development!

Thanks, but I just flushed it and that made no difference
You can excess nxtcoin.org ?

I think being on coinmarketcap.com is good for the promotion of NXT. But i do not understand the reaction like: we are number 4 or number 5 and soon we will beat peercoin or litecoin. The marketcapitalisation is not a good indicator for the usefulness of a coin or acceptance by the general public.

If 71 stakeholders sit on 900 million inactive NXT. The price of the coin will be determined by demand and supply of a small part of the cointotal. This leads to unrealistic (high) prices for NXT and  marketcapitalisation. The indicator would be more realistic if the distribution of the 1 billion would be 100%.

Sent 1500 from my account and withdrew 1500 from Dgex to 11243542237777034551, so it'll take a while for the second payment to come.

go here http://87.230.14.1/nxt/nxt.cgi?action=1
and put your account address into the top-right box
you'll see your account balance and blocks forged

Second this. Is there any way to check of forging w/o looking at browser page?

Good to see this kind of support for nxt!

Does anyone know, why NXT is kicked out of coinmarketcap.com all the time?

Maybe it is not a scam, but it is problematic. Because the success of something potentially beautiful is dependent upon stakeholders who are in a prisoners dilemma (Game theory).



You say the distribution was fair en transparent. Yes it was transparent. But fair? Maybe fair in the sense that the initial stakeholders really got their share of the 1 billion NXT. One should have been thinking of a fair method. Being transparent about the method doesn't make it a fair or good method. But as i understand from the reaction of CfB (see below)the creation of all coins at once is a necessity of a 100% PoS system.



I am enthusiastic about NXT. But the initial distribution of the 1 billion NXT is problematic. We are not talking about a private company with 71 owners, but about a cryptocurrency for the benefit of mankind. Technology that will defeat exploitative systems like fiat currencies based on fractional reserve banking. These technological developments should lead to better forms of money in which income inequality through exploitation should become smaller not wider. I can't see how the chosen method for the distribution of the necessary 1 billion NXT is fair from this point of view. But i must admit that i do not have an alternative at the moment. Will be thinking about it. Were there any other alternatives considered?

Any one else having problems opening nxtcoin.org? I cant excess it since yesterday evening
But I just got a mail that some one replied to my "latest news" thread so I guess some people are able to reach the forum.

coinmarketcap.com removed nxt again.

just delete blocks.nxt and transaction.nxt and let it redownload

Thanks to all the supporters. Kid is fed, watching Curious George and I'm back to setting up VPS

Thanks, didn´t see it before.

Does anyone have an updated official nextfiles.zip ? my blocks have been out of whack since the DDOSers

Does anyone know if alias has been put on hold? I'm still trying for some.. server response just froze.. never said anything?
thanks