NXT :: descendant of Bitcoin - Updated Information - page 2555.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: nnn on November 26, 2013, 07:55:21 AM

I myself am curious as to what stops one from adding transactions to the block till you get a hit and can claim the fees.

http://88.198.210.245:7876/?request=getBlock&block=12602449074625948491

Mining process uses "generationSignature" which is not affected by transactions nor anything else. So it's completely deterministic.

nnn

newbie

Activity: 42

Merit: 0

Quote from: Boing7898 on November 26, 2013, 07:34:48 AM

How is "You can generate the next block in" calculated?
Few minutes ago it was 2 days, then 13 days, now 26 days o.o

According to BCNext, you sign the block using your address and take the result as a number. You then scale that number by / and check that it is below the current target. The target increases as time passes to ensure that blocks get mined.

More details will have to wait for the whitepaper / source code / word from BCNext.

I myself am curious as to what stops one from adding transactions to the block till you get a hit and can claim the fees.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: manrus on November 26, 2013, 07:51:06 AM

Why after 2-3 hours full working all peers disconnected? Bug?

If all peers disconnected then this is due to time unsync.

manrus

legendary

Activity: 1334

Merit: 1004

TTM

Why after 2-3 hours full working all peers disconnected? Bug?

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Take a look at the 1st Nxt gambling service: https://bitcointalksearch.org/topic/1st-nxt-slot-machine-346189
Send some coins to test ur luck and Nxt network!

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: Boing7898 on November 26, 2013, 07:34:48 AM

How is "You can generate the next block in" calculated?
Few minutes ago it was 2 days, then 13 days, now 26 days o.o

It's changed each new block. In Cunicula's whitepaper u can find more details.

Boing7898

sr. member

Activity: 686

Merit: 259

How is "You can generate the next block in" calculated?
Few minutes ago it was 2 days, then 13 days, now 26 days o.o

bybitcoin

hero member

Activity: 672

Merit: 500

Cunicula appeared in the bounty thread I opened recently and suggested to do the POS part of the article bounty for 100K Nxt.
I suggested then a 1M Nxt for Cunicula to manage and write the whole whitepaper for the Nxt in separate.
As of this moment, I donated 300K Nxt, Come-from-Beyond donated 150K Nxt and klee 150K Nxt to support Cunicula's effort, if he accept to.
You can also donate by posting and informing your will in the bounty thread: https://bitcointalksearch.org/topic/bounty-announcements-for-nxt-the-first-pure-pos-coin-345773

matt608

hero member

Activity: 868

Merit: 1000

Quote from: jelin1984 on November 26, 2013, 07:00:57 AM

ok i will do in few hours

Great

jelin1984

legendary

Activity: 2408

Merit: 1004

ok i will do in few hours

matt608

hero member

Activity: 868

Merit: 1000

Quote from: jelin1984 on November 26, 2013, 06:51:47 AM

i want to buy 1m nxt for 1btc

I'll sell you 1million Nxt for 1 btc

My BTC address
17LkJNsT1t3Zwhs1m7JmM8ygadGycEsy7m

Once the BTC has 1 confirm, I'll send the Nxt. Pls reply with your Nxt address

Edit: For trusting me, I am a localbitcoins seller with 15 trades:
https://localbitcoins.com/accounts/profile/matt608/

jelin1984

legendary

Activity: 2408

Merit: 1004

i want to buy 1m nxt

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: jelin1984 on November 26, 2013, 06:39:39 AM

windows 32 does not work
zip file

Huh

U shouldn't unpack it. Run it via

Code:

java -cp Nxt.zip Nxt

jelin1984

legendary

Activity: 2408

Merit: 1004

windows 32 does not work
zip file

Huh

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: r3animation on November 26, 2013, 05:25:38 AM

What is the shortest wallet number so far?

I've seen most people having 19 or 20 digits so far.

1 digit is the lowest possible number. I maanged to generate a 12-digit long address using vanity generator.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: bybitcoin on November 26, 2013, 05:23:38 AM

I deleted all .nxt files and started again, nothing changed Sad

When I login into my account, it shows a fixed block height and nothing changes in the page, though it shows catching blocks..
Only after I logout, close the page and relogin again is that I see some 50 to 100 block height change.
There was not such a issue in previous versions, 2.9 looks buggy!

BCNext found a bug that leads to NullPointerException. He is fixing it now, this may fix ur problem as well.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: crendore on November 26, 2013, 05:14:45 AM

Quote from: Come-from-Beyond on November 26, 2013, 05:06:49 AM

Quote from: crendore on November 26, 2013, 05:05:10 AM

It totally doesn't say that there for me.... what am i doing wrong?

U have to wait until the very 1st transaction in ur account gets 1440 confirmations.

Thanks!

Is there some paper published that i can read that explains how the PoS system works? I still don't get how the network decides who is the lucky miner for each block. I get that it has to do with the probability based on how much NXT i own compared to the network total, but how is the PoS reward decided based on this?

In my mind it would work something like this (but this is probably wrong).
All the coins have a unique id. these IDs are all sequential. each block that is mined is assigned to one ID in the range of the lowest to the highest ID completely randomly. Therefor if you had more coins in that range then you would be more likely to be assigned a block to mine.

But this seems strange, then the coins aren't divisible.

Speaking of divisibility, are the coins really divisible, or is it just faked, by having 2 decimal places but really the coins are just INTs?

thanks!

There was a bounty thread for those who want to write the whitepaper. Someone already promised to do so.
Payment transactions must contain only whole numbers. Fractional numbers will be used in Decentralized Exchange which is disabled now.

r3animation

hero member

Activity: 756

Merit: 500

What is the shortest wallet number so far?

I've seen most people having 19 or 20 digits so far.

bybitcoin

hero member

Activity: 672

Merit: 500

I deleted all .nxt files and started again, nothing changed Sad

When I login into my account, it shows a fixed block height and nothing changes in the page, though it shows catching blocks..
Only after I logout, close the page and relogin again is that I see some 50 to 100 block height change.
There was not such a issue in previous versions, 2.9 looks buggy!

pabloangello

legendary

Activity: 1344

Merit: 1001

Quote from: Come-from-Beyond on November 26, 2013, 05:11:21 AM

Quote from: pabloangello on November 26, 2013, 05:08:51 AM

Hello,

So 1440 blocks was mined but still nothing happen at my account, why?
Also after some time I see this in console:

Code:

Exception in thread "Thread-12" java.nio.channels.WritePendingException
        at sun.nio.ch.AsynchronousSocketChannelImpl.write(AsynchronousSocketChan
nelImpl.java:348)
        at sun.nio.ch.AsynchronousSocketChannelImpl.write(AsynchronousSocketChan
nelImpl.java:395)
        at java.nio.channels.AsynchronousSocketChannel.write(AsynchronousSocketC
hannel.java:560)
        at Nxt$2.completed(Unknown Source)
        at Nxt$2.completed(Unknown Source)
        at sun.nio.ch.Invoker.invokeUnchecked(Invoker.java:126)
        at sun.nio.ch.Invoker.invokeUnchecked(Invoker.java:269)
        at sun.nio.ch.WindowsAsynchronousSocketChannelImpl$WriteTask.completed(W
indowsAsynchronousSocketChannelImpl.java:813)
        at sun.nio.ch.Iocp$EventHandlerTask.run(Iocp.java:397)
        at sun.nio.ch.AsynchronousChannelGroupImpl$1.run(AsynchronousChannelGrou
pImpl.java:112)
        at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.
java:1145)
        at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor
.java:615)
        at java.lang.Thread.run(Thread.java:722)

I am in GMT + 1:00 timezone. Is that a reason and will it be solved in the future if so?

This bug will be fixed in the future I think. It's not critical though. 1440 blocks are counted from the 1st deposit to an account, not from Genesis block.

Ah ok then. Thanks for info

Topic: NXT :: descendant of Bitcoin - Updated Information - page 2555. (Read 2761645 times)