NXT :: descendant of Bitcoin - Updated Information - page 2464.

kwest

sr. member

Activity: 476

Merit: 250

Quote from: ImmortAlex on December 04, 2013, 04:46:21 AM

For those who afraid of big stake holders...
Theoretically speaking, if top holders continue to keep their millions, all Nxt idea became cosidered "scam" and stop working. So top holders are interested to distribute most of their stake from the beginning.
But it is only theory. Will it go to practice - we'll see.

I can only speak for myself.. but I started with ~4.9M Nxt.. so far I've sold and given away a total of 500k or so. When the price was still low I gave 2000 Nxt to about 20 people. As the number of users have grown, so has the price... distributing your Nxt is indeed a very good thing.. and it's necessary for Nxt to succeed. It's impossible for it to compete with other coins otherwise.

crazybonkers

member

Activity: 75

Merit: 10

Quote from: klee on December 04, 2013, 06:06:25 AM

Quote from: klee on December 04, 2013, 05:46:27 AM

31: java.lang.NullPointerException

I get a shitload of them suddenly!! Huh

Ive been getting them 24/7 with the latest nxt.zip. Client seems to be running fine for me nonstop for around 10hrs

klee

legendary

Activity: 1498

Merit: 1000

Quote from: klee on December 04, 2013, 05:46:27 AM

31: java.lang.NullPointerException

I get a shitload of them suddenly!! Huh

ImmortAlex

hero member

Activity: 784

Merit: 501

Quote from: Vega on December 04, 2013, 05:57:29 AM

Everyone who complains that they can't mine without coin. Consider this: You can't mine any other coin without investing a lot of money into hardware. With PoS instead of hardware you have to buy coin to mine. I'm pretty sure this is a better deal (in theory at least, we'll see in the long run).

This can be considered good conclusion!
In short run it shows as very good deal already

mcjavar

hero member

Activity: 784

Merit: 500

Quote from: Nyx on December 04, 2013, 05:48:44 AM

I'll test the NXT system. Could someone please send a small amount to 10411612387504640997
Thanks!

I´ve sent you some. Alles Gute aus Koblenz

Vega

hero member

Activity: 739

Merit: 500

Everyone who complains that they can't mine without coin. Consider this: You can't mine any other coin without investing a lot of money into hardware. With PoS instead of hardware you have to buy coin to mine. I'm pretty sure this is a better deal (in theory at least, we'll see in the long run).

Nyx

sr. member

Activity: 274

Merit: 250

I'll test the NXT system. Could someone please send a small amount to 10411612387504640997
Thanks!

klee

legendary

Activity: 1498

Merit: 1000

31: java.lang.NullPointerException

Sharky444

hero member

Activity: 724

Merit: 500

Quote from: Come-from-Beyond on December 04, 2013, 03:23:30 AM

Code:

[2013-12-04 09:28:38.970] 7: java.io.IOException: 由于线程退出或应用程序请求，已
放弃 I/O 操作。

[2013-12-04 09:28:38.985] 8: java.io.IOException: 由于线程退出或应用程序请求，已
放弃 I/O 操作。

Thank you. Both exceptions happened in code that accepts connections (7 == client, 8 == bot). Unfortunatelly, I can't translate those funny symbols...

Google translate:

As the thread exit or an application request, has Give up I / O operations.

ImmortAlex

hero member

Activity: 784

Merit: 501

Quote from: SpeedDemon13 on December 04, 2013, 04:43:40 AM

I'm down for the transaction fees for revenue, but where do I get my first/initial NXT to start it up. I understand from the beginning it's only 1 billion coins only, period! I know that they are trying to add more features/services.

There's exchange, there's trading topic, there's bounty topic...

crazybonkers

member

Activity: 75

Merit: 10

Quote from: Come-from-Beyond on December 04, 2013, 04:44:35 AM

Legit founders keep claiming coins. The last stake I helped to claim a day ago was worth 12M NXT.

You can buy that pizza! i'll have one

ImmortAlex

hero member

Activity: 784

Merit: 501

For those who afraid of big stake holders...
Theoretically speaking, if top holders continue to keep their millions, all Nxt idea became cosidered "scam" and stop working. So top holders are interested to distribute most of their stake from the beginning.
But it is only theory. Will it go to practice - we'll see.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Legit founders keep claiming coins. The last stake I helped to claim a day ago was worth 12M NXT.

SpeedDemon13

hero member

Activity: 518

Merit: 500

Quote from: ImmortAlex on December 04, 2013, 04:37:54 AM

Quote from: laowai80 on December 04, 2013, 03:45:07 AM

Ok, and what does this sentence mean from the first post?
"Coins are earned solely by charging transaction fees."

That means: there is 1 billion coins from the genesis block, and no more, forever.
The profit of mining is transaction fees only.

I'm down for the transaction fees for revenue, but where do I get my first/initial NXT to start it up. I understand from the beginning it's only 1 billion coins only, period! I know that they are trying to add more features/services.

crazybonkers

member

Activity: 75

Merit: 10

Quote from: ImmortAlex on December 04, 2013, 04:40:08 AM

Quote from: crazybonkers on December 04, 2013, 04:34:00 AM

I guess the question is for some. How much Nxt do each shareholder hold?

List of top stake holders is somewhere is this topic.

Quote from: crazybonkers on December 04, 2013, 04:34:00 AM

And how is the remaining Nxt of that billion distributed to the public?

There are not so many coins which is not distributed from the beginning.

Understood, I am quite new to crypto currency's and for got about the genesis block Cheesy

ImmortAlex

hero member

Activity: 784

Merit: 501

Quote from: crazybonkers on December 04, 2013, 04:34:00 AM

I guess the question is for some. How much Nxt do each shareholder hold?

List of top stake holders is somewhere is this topic.

Quote from: crazybonkers on December 04, 2013, 04:34:00 AM

And how is the remaining Nxt of that billion distributed to the public?

There are not so many coins which is not distributed from the beginning.

ImmortAlex

hero member

Activity: 784

Merit: 501

Quote from: laowai80 on December 04, 2013, 03:45:07 AM

Ok, and what does this sentence mean from the first post?
"Coins are earned solely by charging transaction fees."

That means: there is 1 billion coins from the genesis block, and no more, forever.
The profit of mining is transaction fees only.

crazybonkers

member

Activity: 75

Merit: 10

I guess the question is for some. How much Nxt do each shareholder hold? And how is the remaining Nxt of that billion distributed to the public? And who receives the currency on the sales of that remaining Nxt?

Oh maybe i missed Pos

laowai80

member

Activity: 98

Merit: 10

The fact that it's coded in java from scratch, and not copied from bitcoin source makes it interesting, plus no need to have a large blockchain which is an advantage over bitcoin. The author actually worked hard to get it done, so buying a few dolla worth of it may not be a too bad idea.

abctc

legendary

Activity: 1806

Merit: 1038

Quote from: mcjavar on December 04, 2013, 03:38:52 AM

..
Well, for me seems .. , there is no point using it and the mass will not adopt at as they are suspicious with "pre mined" coins, even if this is a new technology. They need to get motivated to use the currency and "proof", to earn coins.

- now only a core of Nxt launched. The developer promised to add some exciting features:

СolorСoins, distributed stock exchange, tokens, reputation and voting systems and messaging, chained transactions, auto blockchain shrinking, distributed App-store, instant transactions, cloud version of the client, two-fase transaction for customer protection, hop protocol, decentralised DNS a-la Namecoin, Nxt-notes, mixing & escrow, filestore (just pay fee), and even integrated distributed shop (hello, SR).

Topic: NXT :: descendant of Bitcoin - Updated Information - page 2464. (Read 2761638 times)