Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 2556. (Read 2761645 times)

sr. member
Activity: 363
Merit: 250
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!
legendary
Activity: 2142
Merit: 1010
Newbie
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.
legendary
Activity: 1344
Merit: 1001
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?
legendary
Activity: 2142
Merit: 1010
Newbie
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.
sr. member
Activity: 363
Merit: 250
Where does it say "You will mine the next block in X time"?  I don't see that anywhere.



It totally doesn't say that there for me.... what am i doing wrong?
legendary
Activity: 2142
Merit: 1010
Newbie
legendary
Activity: 2142
Merit: 1010
Newbie
People continue to send bitcoins to https://blockchain.info/address/1BCN1ugdKdWd9pQ8Am9hMhtHZfmbXzxE8a

STOP DOING THIS!
legendary
Activity: 2142
Merit: 1010
Newbie
Dunno how long it would take Sad

It takes 1 min to get the whole blockchain. If this doesn't happen, then delete *.nxt files and try again. Looks like u started to download the blocks but then lost connection to the peer and stuck.
legendary
Activity: 1498
Merit: 1000
I had no problem in previous versions, but in this new 2.9 I can't catch new blocks easily.
When it's open nothing changes in block height, just shows block catching, but no number change even after 30 mins waiting.
Only after I exit and re-open the browser and re-login into my account again, it shows some max. 50 to 100 block height change.
I am waiting to catch up the blockchain to send some tx. As I tried several times, it says: please wait until the blockchain become loaded..
Dunno how long it would take Sad
If you have MacOS try reinstalling jdk and jre - it helped me with the same problem but maybe it was something else who knows? Doesn't hurt to try though..
hero member
Activity: 672
Merit: 500
I had no problem in previous versions, but in this new 2.9 I can't catch new blocks easily.
When it's open nothing changes in block height, just shows block catching, but no number change even after 30 mins waiting.
Only after I exit and re-open the browser and re-login into my account again, it shows some max. 50 to 100 block height change.
I am waiting to catch up the blockchain to send some tx. As I tried several times, it says: please wait until the blockchain become loaded..
Dunno how long it would take Sad
legendary
Activity: 2142
Merit: 1010
Newbie
After upgrading to 0.2.9 I can't download any block, it is stuck on block 1 and only 4 active peers..
Restarted, deleted all *.nxt - didn't help.  Huh

There are much more peers on the network. Is the time/timezone on ur machine correct? Only +/-15 sec is allowed.
hero member
Activity: 823
Merit: 1002
After upgrading to 0.2.9 I can't download any block, it is stuck on block 1 and only 4 active peers..
Restarted, deleted all *.nxt - didn't help.  Huh
hero member
Activity: 905
Merit: 1001
watching this new thread
legendary
Activity: 1806
Merit: 1038
this phraze WILL BE YOUR WALLET. There is no user name, and no wallet file.
- there is no WALLET in Nxt as well.  This word "WALLET" may lead to misunderstanding. Your phrase is your ACCOUNT.
hero member
Activity: 724
Merit: 500
You should add to the initial post that the client GUI can be accessed (after installing and launching the java client) by going to your browser and visiting this page:

http://localhost:7875/

In the GUI click the lock symbol to create a new account. You will be asked for a phraze. Select a long one (15+ chars!) as this phraze WILL BE YOUR WALLET. There is no user name, and no wallet file. The wallet IS the phraze you select when creating the account. Never give this phraze no anyone. If someone finds out this phraze he will get your wallet (from any computer!). After account creation you will get an account number (long number). This account number can be used to receive and send Nxt coins.

To send Nxt to another account use the arrow in the right upper corner (this is confusing to many).
sr. member
Activity: 644
Merit: 250
When will the full/software coin be launching?

You can currently send, receive and mine Nxt.  Other features are currently being worked on.  The distributed currency exchange is scheduled to be working around January 3rd, 2014.

Nxt is just as operational as any other cryptocurrency.
member
Activity: 60
Merit: 10
Please reference the Next API thread too.   Any ETA on when the new client functionality comes out?  I think the earlier version had messaging, but I did not see that in the last TEST client.  Will it be there?  I had some ideas for using that interesting feature.

BTW, is it NXT or XNT?  Guess we go with NXT.

Yes, Nxt will have a messaging feature too.

It's called Nxt (pronunciation "Next"), but the three letter currency code is XNT.

This is a poor decision to have it XNT as a ticker code; you're just looking to piss off dyslexics. 
full member
Activity: 140
Merit: 100
When will the full/software coin be launching?
sr. member
Activity: 644
Merit: 250
Please reference the Next API thread too.   Any ETA on when the new client functionality comes out?  I think the earlier version had messaging, but I did not see that in the last TEST client.  Will it be there?  I had some ideas for using that interesting feature.

BTW, is it NXT or XNT?  Guess we go with NXT.

Yes, Nxt will have a messaging feature too.

It's called Nxt (pronunciation "Next"), but the three letter currency code is XNT.
Jump to: