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Topic: NXT :: descendant of Bitcoin - Updated Information - page 2543. (Read 2761645 times)

legendary
Activity: 2142
Merit: 1010
Newbie
Thanks.  Do you have a pointer for a good technical description of POS?  Is there anything different about Nxt's POS design?

Nxt has a novel PoS algo. Cunicula will write the whitepaper. I don't know all details.
legendary
Activity: 1232
Merit: 1001
Why don't I see fees for many of the transactions showing up in the blockchain explorer?

HEIGHT   BLOCK   TSTAMP   NUMTRANS.   PAYLOAD   TARGET   Fee   AMOUNT   GENERATOR
2549   1026217694308135998   274197   0   0   1218837688   0   0   10105875265190846103
2548   3315942292627339763   273848   0   0   609418844   0   0   6785084810899231190
2547   18355738116130765589   273842   0   0   1218837688   0   0   17228894143802851995
2546   5046227733242187850   273644   0   0   609418844   0   0   4747512364439223888
2545   12996359539300965338   273634   1   128   1218837688   1   99   17228894143802851995

These blocks r empty. Miners still mine them to secure the coin.

Thanks.  Do you have a pointer for a good technical description of POS?  Is there anything different about Nxt's POS design?
legendary
Activity: 2142
Merit: 1010
Newbie
Why don't I see fees for many of the transactions showing up in the blockchain explorer?

HEIGHT   BLOCK   TSTAMP   NUMTRANS.   PAYLOAD   TARGET   Fee   AMOUNT   GENERATOR
2549   1026217694308135998   274197   0   0   1218837688   0   0   10105875265190846103
2548   3315942292627339763   273848   0   0   609418844   0   0   6785084810899231190
2547   18355738116130765589   273842   0   0   1218837688   0   0   17228894143802851995
2546   5046227733242187850   273644   0   0   609418844   0   0   4747512364439223888
2545   12996359539300965338   273634   1   128   1218837688   1   99   17228894143802851995

These blocks r empty. Miners still mine them to secure the coin.
legendary
Activity: 1232
Merit: 1001
My question is about what is the rate of finding a block as a function of your account balance?  Obviously, whatever someone puts in for an tx fee varies.

BTW: Side-question; what happens if everyone just puts no tx fee?

https://bitcointalksearch.org/topic/m.3726410

1 NXT is the lowest possible fee.

Why don't I see fees for many of the transactions showing up in the blockchain explorer?

HEIGHT   BLOCK   TSTAMP   NUMTRANS.   PAYLOAD   TARGET   Fee   AMOUNT   GENERATOR
2549   1026217694308135998   274197   0   0   1218837688   0   0   10105875265190846103
2548   3315942292627339763   273848   0   0   609418844   0   0   6785084810899231190
2547   18355738116130765589   273842   0   0   1218837688   0   0   17228894143802851995
2546   5046227733242187850   273644   0   0   609418844   0   0   4747512364439223888
2545   12996359539300965338   273634   1   128   1218837688   1   99   17228894143802851995
legendary
Activity: 1232
Merit: 1001
My question is about what is the rate of finding a block as a function of your account balance?  Obviously, whatever someone puts in for an tx fee varies.

BTW: Side-question; what happens if everyone just puts no tx fee?

https://bitcointalksearch.org/topic/m.3726410

1 NXT is the lowest possible fee.

Thanks!
legendary
Activity: 2142
Merit: 1010
Newbie
My question is about what is the rate of finding a block as a function of your account balance?  Obviously, whatever someone puts in for an tx fee varies.

BTW: Side-question; what happens if everyone just puts no tx fee?

https://bitcointalksearch.org/topic/m.3726410

1 NXT is the lowest possible fee.
legendary
Activity: 1232
Merit: 1001
How can I figure out rate of mining coins, e.g., interest rate on my balance?

Suppose I have N coins, what's the formula?

Anyone know?

Big accounts find blocks more often but they get a little fee percentage compared to their balance. U can find a block with total fee 1000 NXT which is 1000% interest rate. I would say ur rate is the same as for anyone else.

Yeah, that's not my question.

My question is about what is the rate of finding a block as a function of your account balance?  Obviously, whatever someone puts in for an tx fee varies.

BTW: Side-question; what happens if everyone just puts no tx fee?
hero member
Activity: 566
Merit: 500
What is the progress on the guy who said he will setup a centralised Nxt/BTC exchange?
Coming up slightly slower than expected but surely.
Expect trading to commence if not tonight then Thursday afternoon GMT.





legendary
Activity: 2142
Merit: 1010
Newbie
How can I figure out rate of mining coins, e.g., interest rate on my balance?

Suppose I have N coins, what's the formula?

Anyone know?

Big accounts find blocks more often but they get a little fee percentage compared to their balance. U can find a block with total fee 1000 NXT which is 1000% interest rate. I would say ur rate is the same as for anyone else.
legendary
Activity: 1232
Merit: 1001
How can I figure out rate of mining coins, e.g., interest rate on my balance?

Suppose I have N coins, what's the formula?

Anyone know?
legendary
Activity: 1232
Merit: 1001
Could someone send me a few million Nxt to help even things out?
- have sent a few million Nxt.

What do you think my chances of mining a block are with those 99 Nxt?

What would my interest rate be?
newbie
Activity: 6
Merit: 0
Is there a website or a logo/slogan for the currency setup?
Just curious since I don't see the ref in the OP's post.
legendary
Activity: 1232
Merit: 1001
Could someone send me a few million Nxt to help even things out?
- have sent a few million Nxt.

Thanks!
legendary
Activity: 2142
Merit: 1010
Newbie
I still cannot get past block 133 (using windows)  can a dev post a .zip file of the 2.11 along with some .nxt files containing the blockchain?  or is that a bad idea?

https://dl.dropboxusercontent.com/u/67242472/nxtfiles.zip
full member
Activity: 238
Merit: 100
I still cannot get past block 133 (using windows)  can a dev post a .zip file of the 2.11 along with some .nxt files containing the blockchain?  or is that a bad idea?
legendary
Activity: 1367
Merit: 1000

Code:
vanitygen_64.exe

What about source code? The java one had it.
legendary
Activity: 2142
Merit: 1010
Newbie
Just reporting:


Oh! NullPointerException! Thank you.
sr. member
Activity: 476
Merit: 250
Just reporting:
newbie
Activity: 10
Merit: 0
Hello folks. I am new here and don't have NXTs yet, but instead of just asking to send me some I figured I'd give something in return Smiley

I've noticed in the other thread there's been some discussion on generating short addresses. I've made a tool that could help with this; it is also much faster than the Java one posted before. It's free and you can grab it here (Windows binaries): https://mega.co.nz/#!9MkAWQ4Z!bz3BFCsVRSK_4Euhn8c-aj-umjstTsCe7-VYEcCYTEY

To use open command-line window and run it:
Code:
vanitygen_64.exe

(Please use 64-bit binary whenever possible; it's like 3x faster than 32-bit one)

By default it'll use all available cores; if you'd rather limit it's appetite just specify number of threads to use on the command line:
Code:
vanitygen_64.exe 4

That's it. When running, it will print out gradually decreasing account numbers and their passwords, e.g.:
Code:
vanitygen_64.exe
[INFO] Starting 8 threads
15009743058317697570 : y8STsQWFLrJdppA5a
 8807430648790207560 : y8STsQWFLrJdppA5b
 5543702425770590042 : y8STsQWFLrJdppA5e
 4563227042031644694 : y8STsQWFLrJdppA5m
 2468317089560679877 : y8STsQWFLrJdppA5n
 1230545437077878814 : y8STsQWFLrJdppA5q
  402070472249934524 : y8STsQWFLrJdppA5la
  358878014600910499 : y8STsQWFLrJdppA52b
  111599722390937162 : y8STsQWFLrJdppA5xc
    4162604383777782 : y8STsQWFLrJdppA59d
    1045538533307963 : Zvbiy6fWI5dJRf7PLb
     355803997527307 : V1dI8dy1ga4EQ1AiSX
     316999220293974 : V1dI8dy1ga4EQ1AiQPa
     170275345701186 : y8STsQWFLrJdppA5mxb

As a bonus you can be sure that password is secure - it is composed of per-thread 16-character random prefix and random suffix of length 1 to 8.

Now, back to the opening point. If you find the tool useful and/or fun please consider sending few tokens of appreciation to account number 86533079761. Thanks Smiley
legendary
Activity: 1806
Merit: 1038
Could someone send me a few million Nxt to help even things out?
- have sent a few million Nxt.
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