NXT :: descendant of Bitcoin - Updated Information - page 2545.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: nnn on November 27, 2013, 05:55:33 AM

Quote from: Come-from-Beyond on November 27, 2013, 05:53:20 AM

New coins are not generated at all. Miner's salary is paid only with transaction fees. An account must be unlocked to mine. Timer in [Recent blocks] is just an assessement, it's changed each new block. A few coins will generate a block very rarely, so we need someone to implement pooled mining.

Wouldn't this require handing over the private key of the account to the pool?

EDIT: Or a transfer of funds to the pool

Transfer funds. Aye, u must trust the pool owner.

nnn

newbie

Activity: 42

Merit: 0

Quote from: Come-from-Beyond on November 27, 2013, 05:53:20 AM

New coins are not generated at all. Miner's salary is paid only with transaction fees. An account must be unlocked to mine. Timer in [Recent blocks] is just an assessement, it's changed each new block. A few coins will generate a block very rarely, so we need someone to implement pooled mining.

Wouldn't this require handing over the private key of the account to the pool?

EDIT: Or a transfer of funds to the pool

dr_yan_yan

member

Activity: 98

Merit: 10

Quote from: abctc on November 27, 2013, 05:22:38 AM

Quote from: dr_yan_yan on November 27, 2013, 05:14:11 AM

1) can someone please send me 1 NXT so that I can be excited when it finally is working and my balance is not 0.00 7325120753602111352

- some coins sent

Thank you for sending me some coins.

Unfortunately it does not appear that I received any.
I only received the 1 sent by feeleeep

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

New coins are not generated at all. Miner's salary is paid only with transaction fees. An account must be unlocked to mine. Timer in [Recent blocks] is just an assessement, it's changed each new block. A few coins will generate a block very rarely, so we need someone to implement pooled mining.

bitdraw

hero member

Activity: 504

Merit: 500

Quote from: MessyCoin on November 27, 2013, 05:48:06 AM

Very interesting this new coin

Does the software need to be running on local computer to generate POS?

you can also run it on a server, your acc needs to be unlocked in the client and the program needs to run, but you can close the browser

bitdraw

hero member

Activity: 504

Merit: 500

Quote from: cryptohunter on November 27, 2013, 05:48:30 AM

Quote from: bitdraw on November 27, 2013, 05:44:07 AM

Quote from: cryptohunter on November 27, 2013, 05:36:50 AM

Quote from: Come-from-Beyond on November 27, 2013, 05:33:29 AM

Quote from: cryptohunter on November 27, 2013, 05:26:47 AM

says i can generate next block in 1 day 5 hours?? this has been running for 2 days already?

do you have to keep your pc switched on or not?

how can i have the same amount of coins for 2 days, it is stuck at 70000 for 2 days something is not right with it,

In the my transactions what indicates the confirms??

this is not mining, how to tell if it is even doing anything?

The timer is changed after each new block.

Hover cursor over "10+" to get exact number of confirms.

Look at Recent blocks to see if it's mining.

says over 2000 confirms, and blocks are coming in ...block 2356 now.

So is it mining? and also if i had 70000 2 days ago should i have mined something by now?

The pc did shut down for a while, does it not mine if the pc is closed?

i thought i was 24 hours after getting first coins you could mine but 2 days later it is saying have to wait another 2 days 12 hours before i can generate the next block?

The more Nxt you have, the more you are "allowed" to mine. so if you dont have much you can only generate a block every few days. for me it says 17k days or something, i guess no mining then Tongue

crazy idea so those that started with loads will just mine it all??? that is rather a mad concept.

A bit "strange" yes, but people seem to ignore that fact somehow...

Edit: ofc mining here is different, as you can only get transactions fees and not new coins.

cryptohunter

legendary

Activity: 2100

Merit: 1167

MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

Quote from: bitdraw on November 27, 2013, 05:44:07 AM

Quote from: cryptohunter on November 27, 2013, 05:36:50 AM

Quote from: Come-from-Beyond on November 27, 2013, 05:33:29 AM

Quote from: cryptohunter on November 27, 2013, 05:26:47 AM

says i can generate next block in 1 day 5 hours?? this has been running for 2 days already?

do you have to keep your pc switched on or not?

how can i have the same amount of coins for 2 days, it is stuck at 70000 for 2 days something is not right with it,

In the my transactions what indicates the confirms??

this is not mining, how to tell if it is even doing anything?

The timer is changed after each new block.

Hover cursor over "10+" to get exact number of confirms.

Look at Recent blocks to see if it's mining.

says over 2000 confirms, and blocks are coming in ...block 2356 now.

So is it mining? and also if i had 70000 2 days ago should i have mined something by now?

The pc did shut down for a while, does it not mine if the pc is closed?

i thought i was 24 hours after getting first coins you could mine but 2 days later it is saying have to wait another 2 days 12 hours before i can generate the next block?

The more Nxt you have, the more you are "allowed" to mine. so if you dont have much you can only generate a block every few days. for me it says 17k days or something, i guess no mining then Tongue

crazy idea so those that started with loads will just mine it all??? that is rather a mad concept.

MessyCoin

sr. member

Activity: 458

Merit: 250

Very interesting this new coin

Does the software need to be running on local computer to generate POS?

dr_yan_yan

member

Activity: 98

Merit: 10

Why are some peers blacklisted?

bitdraw

hero member

Activity: 504

Merit: 500

Quote from: cryptohunter on November 27, 2013, 05:36:50 AM

Quote from: Come-from-Beyond on November 27, 2013, 05:33:29 AM

Quote from: cryptohunter on November 27, 2013, 05:26:47 AM

says i can generate next block in 1 day 5 hours?? this has been running for 2 days already?

do you have to keep your pc switched on or not?

how can i have the same amount of coins for 2 days, it is stuck at 70000 for 2 days something is not right with it,

In the my transactions what indicates the confirms??

this is not mining, how to tell if it is even doing anything?

The timer is changed after each new block.

Hover cursor over "10+" to get exact number of confirms.

Look at Recent blocks to see if it's mining.

says over 2000 confirms, and blocks are coming in ...block 2356 now.

So is it mining? and also if i had 70000 2 days ago should i have mined something by now?

The pc did shut down for a while, does it not mine if the pc is closed?

i thought i was 24 hours after getting first coins you could mine but 2 days later it is saying have to wait another 2 days 12 hours before i can generate the next block?

The more Nxt you have, the more you are "allowed" to mine. so if you dont have much you can only generate a block every few days. for me it says 17k days or something, i guess no mining then Tongue

cryptohunter

legendary

Activity: 2100

Merit: 1167

MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

Quote from: Come-from-Beyond on November 27, 2013, 05:33:29 AM

Quote from: cryptohunter on November 27, 2013, 05:26:47 AM

says i can generate next block in 1 day 5 hours?? this has been running for 2 days already?

do you have to keep your pc switched on or not?

how can i have the same amount of coins for 2 days, it is stuck at 70000 for 2 days something is not right with it,

In the my transactions what indicates the confirms??

this is not mining, how to tell if it is even doing anything?

The timer is changed after each new block.

Hover cursor over "10+" to get exact number of confirms.

Look at Recent blocks to see if it's mining.

says over 2000 confirms, and blocks are coming in ...block 2356 now.

So is it mining? and also if i had 70000 2 days ago should i have mined something by now?

The pc did shut down for a while, does it not mine if the pc is closed?

i thought i was 24 hours after getting first coins you could mine but 2 days later it is saying have to wait another 2 days 12 hours before i can generate the next block?

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: nexern on November 27, 2013, 05:27:09 AM

thanks cfb, good to know. this means checkpoints has to built in. is a current high - 720
sufficient and do you have additional informations how these reorganizations are
invoked random, by time or by special needs?

Checkpoints are automatic. A node refuses to orphane more than 720 blocks.
Reorgs r invoked when a node sees a longer blockchain.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: cryptohunter on November 27, 2013, 05:26:47 AM

says i can generate next block in 1 day 5 hours?? this has been running for 2 days already?

do you have to keep your pc switched on or not?

how can i have the same amount of coins for 2 days, it is stuck at 70000 for 2 days something is not right with it,

In the my transactions what indicates the confirms??

this is not mining, how to tell if it is even doing anything?

The timer is changed after each new block.

Hover cursor over "10+" to get exact number of confirms.

Look at Recent blocks to see if it's mining.

nexern

hero member

Activity: 597

Merit: 500

blockchain explorer update

thanks all for your reply and also for the donations.
today i will add the basisc statistics.
since all accounts are equivalent to a mining rigg it
i will add additional informations about individual and
total mining power (like a pool), viewable by different time scales.

Quote

Don't forget that network can reorganize blocks up to 720 ones back.

thanks cfb, good to know. this means checkpoints has to built in. is a current high - 720
sufficient and do you have additional informations how these reorganizations are
invoked random, by time or by special needs?

whishlist: a basic peers api would be usefull to add a failover or round
robin service to ensure data consistency. currently i have to restart my node when freezing.
with a peer api i could just switch over to the next best node to continue fetching the raw block
data reducing the update latency.

cryptohunter

legendary

Activity: 2100

Merit: 1167

MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

Quote from: Come-from-Beyond on November 27, 2013, 05:08:55 AM

Quote from: cryptohunter on November 27, 2013, 05:05:30 AM

nxt is not working for me, i have had the same number of coins for days? the client is open and unlocked, how can i check if it is mining?

Open [Recent blocks], there should be a timer over the most recent one. The very 1st transaction in ur account must have 1440 confirmations before u allowed to mine.

says i can generate next block in 1 day 5 hours?? this has been running for 2 days already?

do you have to keep your pc switched on or not?

how can i have the same amount of coins for 2 days, it is stuck at 70000 for 2 days something is not right with it,

In the my transactions what indicates the confirms??

this is not mining, how to tell if it is even doing anything?

dr_yan_yan

member

Activity: 98

Merit: 10

WOOHOOOOOOOOOOOOOO

Success.

I have no idea how or why. But with about 20 Closing and Opening both the CMD window and the Webpage, it is finally caught up!!

I have block 2352, and I have 1 NXT in my balance!!!

thanks heaps!

abctc

legendary

Activity: 1806

Merit: 1038

Quote from: dr_yan_yan on November 27, 2013, 05:14:11 AM

1) can someone please send me 1 NXT so that I can be excited when it finally is working and my balance is not 0.00 7325120753602111352

- some coins sent

feeleep

legendary

Activity: 1197

Merit: 1000

Quote from: dr_yan_yan on November 27, 2013, 05:20:02 AM

Quote from: feeleep on November 27, 2013, 05:16:23 AM

I've sent you one

EDIT: or at least i tried... checking EDIT2: you should have it now

You are a legend!! ( I will eventually figure out how to check that. I am still trying to CATCHUP on the chain)

also... embarrassing to say it took me 5 minutes to work out how to create an account... Who would have thought to click the lock up in the corner.

it was in block 2347

dr_yan_yan

member

Activity: 98

Merit: 10

Quote from: feeleep on November 27, 2013, 05:16:23 AM

I've sent you one

EDIT: or at least i tried... checking EDIT2: you should have it now

You are a legend!! ( I will eventually figure out how to check that. I am still trying to CATCHUP on the chain)

also... embarrassing to say it took me 5 minutes to work out how to create an account... Who would have thought to click the lock up in the corner.

feeleep

legendary

Activity: 1197

Merit: 1000

Quote from: dr_yan_yan on November 27, 2013, 05:14:11 AM

This thing is pretty frustrating.
It just does not update the Blocks unless I keep opening and closing it.
Then everytime I close the Webpage and open it again, I have to unlock it again.

I have 11 Active Peers, all within 8seconds of each other.

But I cannot figure out how to keep it updating.
Sometimes I close it and it updates, other times it does not.

Should I be closing the cmd.exe part, or should I be closing the Webpage part?

somewhat confusing that is for sure!

I guess after having a bit of a complain up above.
2 things please;
1) can someone please send me 1 NXT so that I can be excited when it finally is working and my balance is not 0.00 7325120753602111352
2) Anyone want to sell me 100k NXT? (and how the hell do I do that)

I've sent you one

EDIT: or at least i tried... checking EDIT2: you should have it now

Topic: NXT :: descendant of Bitcoin - Updated Information - page 2545. (Read 2761645 times)