NXT :: descendant of Bitcoin - Updated Information - page 2532.

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: nnn on November 28, 2013, 06:08:58 AM

1 NXT is fixed unless the client is modified. If NXT really takes off transaction fees will likely be more due to the 255 transaction limit per block.

Does NXT support multiple senders / receivers in a transaction (CoinJoin)?

BTC is doing over 100,000 transactions per day now.

IF NXT became that popular, then that would be 100000/1440 ~= 69.5 transactions per block.

So, that leaves plenty of room for growth. As is, NXT can support up to 367,200 transactions per day.

Looks like you've thought it through pretty well, but what happens if you need more transactions per block?

nnn

newbie

Activity: 42

Merit: 0

1 NXT is fixed unless the client is modified. If NXT really takes off transaction fees will likely be more due to the 255 transaction limit per block.

Does NXT support multiple senders / receivers in a transaction (CoinJoin)?

GCInc.

hero member

Activity: 566

Merit: 500

Are transaction numbers not visible anywhere in the client? Huh

What then are the top row and third row long numbers in the block area of the client... cannot get them to match with the block explorer.

xibeijan

legendary

Activity: 1232

Merit: 1001

Will the minimum TX fee always be 1 NXT?

Do you see this affecting the value of the currency, long-term or short-term?

OR, do you think the value of 1 NXT will be equal to whatever someone is willing to pay for a TX?

Will the colored coin / crypto currency exchange also operate on a 1 NXT transaction fee?

Thanks.

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: abctc on November 28, 2013, 05:53:51 AM

Quote from: xibeijan on November 28, 2013, 04:56:00 AM

May I have some coins also? 9369847254484452107

- sent

Thanks!

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: Come-from-Beyond on November 27, 2013, 11:56:41 AM

Quote from: klee on November 27, 2013, 11:53:37 AM

So what about the 100M nxt non claimed early adopters coins account? I see it mining like mad..

He earned 4573 NXT as fees. I don't see any problem here.

Good work.

Anyone know where I can buy some NXT? Where's the exchange?

abctc

legendary

Activity: 1806

Merit: 1038

Quote from: xibeijan on November 28, 2013, 04:56:00 AM

May I have some coins also? 9369847254484452107

- sent

Geo_log

hero member

Activity: 505

Merit: 512

El sueño de la razón produce monstruos

Quote from: xibeijan on November 28, 2013, 04:48:28 AM

Other than not having the source code, what is to stop me from making a modified client that constantly attempts to generate blocks every second?

- this was discussed here: https://bitcointalksearch.org/topic/m.3411024

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

For Nxt API users - https://bitcointalksearch.org/topic/m.3749806

inkadnb

member

Activity: 126

Merit: 10

For those that want an alternate server, I've set one up at nxt.c4c.io

How do I clear the blacklist?

Edit:
I extracted the zip and replaced the peers.nxt file, that seemed to solve it.

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: abctc on November 28, 2013, 04:51:14 AM

Quote from: inkadnb on November 28, 2013, 04:41:10 AM

Still have exactly 0 coins... anyone feeling generous?

How does this work if everyone hoards coins?

EDIT: Nm whoever 17228894143802851995 is

- some coins sent.

May I have some coins also? 9369847254484452107

inkadnb

member

Activity: 126

Merit: 10

Quote from: abctc on November 28, 2013, 04:51:14 AM

Quote from: inkadnb on November 28, 2013, 04:41:10 AM

Still have exactly 0 coins... anyone feeling generous?

How does this work if everyone hoards coins?

EDIT: Nm whoever 17228894143802851995 is

- some coins sent.

Haha that's not my address 2504063163583058091 is.

abctc

legendary

Activity: 1806

Merit: 1038

Quote from: inkadnb on November 28, 2013, 04:41:10 AM

Still have exactly 0 coins... anyone feeling generous?

How does this work if everyone hoards coins?

EDIT: Nm whoever 17228894143802851995 is

- some coins sent.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: xibeijan on November 28, 2013, 04:48:28 AM

I have seen myself 3s from generating a block, then suddenly it changes to 15 hours. Does it automatically, completely reset my counter each time?

Other than not having the source code, what is to stop me from making a modified client that constantly attempts to generate blocks every second?

It resets the timer after each block.

Block generation is deterministic. All attempts to find a block give exactly the same result until a new block generated.

klee

legendary

Activity: 1498

Merit: 1000

Quote from: xibeijan on November 28, 2013, 04:23:35 AM

Quote from: inkadnb on November 28, 2013, 04:21:04 AM

Quote from: Come-from-Beyond on November 28, 2013, 04:09:02 AM

Version 0.2.13 - https://dl.dropboxusercontent.com/u/67242472/Nxt.zip

Minor changes related to *.nxt files corruption.

Updated my client.

First, how does a client get blacklisted? For some reason mine blacklisted http://88.198.210.245:7875/ which was the server everyone was using.

Who owns all the Nxt right now, the developers? Is it essentially pre-mined? Since the developers are just handing out Nxt until sufficient people have it to start "mining?"

Yeah, I think the allocation of NXT needs some spreading. Developers should send some random 1M NXT chunks out to random addresses in the network.

Quote from: inkadnb on November 28, 2013, 04:41:10 AM

Still have exactly 0 coins... anyone feeling generous?

How does this work if everyone hoards coins?

EDIT: Nm whoever 17228894143802851995 is

https://bitcointalksearch.org/topic/nxt-big-giveaway-347927

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: Come-from-Beyond on November 28, 2013, 04:42:48 AM

Quote from: xibeijan on November 28, 2013, 04:38:04 AM

Why does the base target jump around so much?

The last 5 blocks show...

315%
631%
823%
897%
1099%

At the same time my time till I can generate next block jumps around like nuts.

Blocks r supposed to be generated each 60 seconds. If previous block poped up in 61+ seconds then target becomes bigger, if in 59- seconds then smaller. Max variation in target adjustement is +/- 2x.

I have seen myself 3s from generating a block, then suddenly it changes to 15 hours. Does it automatically, completely reset my counter each time?

Other than not having the source code, what is to stop me from making a modified client that constantly attempts to generate blocks every second?

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: xibeijan on November 28, 2013, 04:38:04 AM

Why does the base target jump around so much?

The last 5 blocks show...

315%
631%
823%
897%
1099%

At the same time my time till I can generate next block jumps around like nuts.

Blocks r supposed to be generated each 60 seconds. If previous block poped up in 61+ seconds then target becomes bigger, if in 59- seconds then smaller. Max variation in target adjustement is +/- 2x.

kwest

sr. member

Activity: 476

Merit: 250

Quote from: inkadnb on November 28, 2013, 04:41:10 AM

Still have exactly 0 coins... anyone feeling generous?

How does this work if everyone hoards coins?

Send me a PM with your NXT address and I'll give you some coins.
I'm off to a meeting now but when I get back.

inkadnb

member

Activity: 126

Merit: 10

Still have exactly 0 coins... anyone feeling generous? 2504063163583058091

How does this work if everyone hoards coins?

EDIT: Nm whoever 17228894143802851995 is

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: xibeijan on November 28, 2013, 04:38:27 AM

Quote from: Come-from-Beyond on November 28, 2013, 04:36:20 AM

Updated *.nxt files - https://dl.dropboxusercontent.com/u/67242472/nxtfiles.zip

What is this?

Archived blockchain.

Topic: NXT :: descendant of Bitcoin - Updated Information - page 2532. (Read 2761645 times)