NXT :: descendant of Bitcoin - Updated Information - page 338.

Mistafreeze

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Activity: 897

Merit: 284

Quote from: wesleyh on March 14, 2014, 03:23:29 PM

Quote from: Fatih87SK on March 14, 2014, 03:18:48 PM

@Wesleyh

Where can I see how much there is left to forge a block?

Time? I don't think there is such an API. And I think it's better to hide it anyway, since most of the times it's depressing to see how long it would take Wink

Thoughts?

I agree, it provides more confusion than value.

Daedelus

hero member

Activity: 574

Merit: 500

Quote from: bitcoinpaul on March 14, 2014, 03:41:10 AM

What are the current ideas of having coins on top of Nxt:

- Coins via Asset Exchange
- Coins as parallel blockchains
- Using AM (How? And is this idea dismissed?)
- ...?

The "checking in" of the parallel chains on the master chain is planned to be done with AMs. A snapshot will be taken of a parallel blockchain and then stored in the master via AM.

CfB will disagree if I am wrong. Hopefully.

wesleyh

sr. member

Activity: 308

Merit: 250

Quote from: Fatih87SK on March 14, 2014, 03:18:48 PM

@Wesleyh

Where can I see how much there is left to forge a block?

Time? I don't think there is such an API. And I think it's better to hide it anyway, since most of the times it's depressing to see how long it would take Wink

Thoughts?

Fatih87SK

hero member

Activity: 616

Merit: 500

@Wesleyh

Where can I see how much there is left to forge a block?

Edit: When you click at an account number you get information (Transactions, Assets, Aliases etc.) Maybe it is useful to add a 'Send' button? then you can send some NXt directly after seeing the add info of the account.

marek3ball

full member

Activity: 180

Merit: 100

Quote from: salsacz on March 13, 2014, 05:15:39 AM

You can pay by Nxt to get anything other people provide here:

http://www.work4nxt.com/

(I just need a little more setting to finish the interface, but this is a decentralized gateway for P2P payments, everything what is here: http://www.fiverr.com/ can be also here: http://www.work4nxt.com/

It looks promising.

rlh

hero member

Activity: 804

Merit: 1004

Quote from: Sebastien256 on March 14, 2014, 02:25:20 PM

Quote from: rlh on March 14, 2014, 01:49:58 PM

What other coin/pool can do this?

clevermining.com

I think you misunderstood. I'm saying, what other coin can have such a pool and not have to worry about people mining the coin and dumping it when it is the most profitable coin. The main difference between Nxt and other coins, in this context, is that Nxt has a fixed amount. It is not generated, it just exists. The only Nxt dumpers can be those that mine using this pool and I doubt people will mine Nxt, to dump it for other coins, when they can just use another profitability pool to obtain their coins.

I think this is a significant advantage of Nxt. I guess someone could do this with Ripple but, let's face it, no one knows who the Ripple bag holders are going to do, and they could crash the price whenever they desire, if they feel like it will make them a ton of money.

Sebastien256

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Quote from: rlh on March 14, 2014, 01:49:58 PM

What other coin/pool can do this?

clevermining.com

rdanneskjoldr

sr. member

Activity: 288

Merit: 250

Now testnxt is running,could the new thread for people who have no idea what Nxt is, try the asset exchange be opened??

jl777

legendary

Activity: 1176

Merit: 1134

I am assuming that it is possible to configure firewalls to only accept incoming connections on specific ports to a list of specific IP addresses.

Could somebody confirm (or deny) this assumption?

I want to create a set of guardian servers that are the only ones that accept connections from random clients. The servers that actually do the "money" work, would only accept incoming connections from these guardian servers. This would isolate the pool (and multigateway) servers from the internet and I think provide good protection.

This way, we can make doing a Ddos attack require attacking all of the guardian servers. Since these guardian servers really only need to run a very small validation and relay layer, there is no reason the work of the guardian servers couldnt be spread across a large number of servers. Not quite fully decentralized, but a lot less vulnerable than having a single pool server.

James

Come-from-Beyond

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Newbie

Quote from: rickyjames on March 14, 2014, 02:09:21 PM

You noticed that too, huh? What a coincidence, eh?

CfB replied in most of the threads dedicated to innovative coins. (Good excuse, isn't it? Cool

)

rickyjames

full member

Activity: 196

Merit: 100

Quote from: opticalcarrier on March 14, 2014, 11:34:22 AM

Quote from: salsacz on March 14, 2014, 11:28:44 AM

lulz and CfB was the 2nd reply in that thread

You noticed that too, huh? What a coincidence, eh?

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

Quote from: abctc on March 14, 2014, 01:46:40 PM

testnet is un-stuck now. At least on my two 0.8.8 servers. I had to reload blockchain.

last block: 85775 12217 %

Update the versione of NRS>> 0.8.9 Wink

rlh

hero member

Activity: 804

Merit: 1004

Quote from: salsacz on March 14, 2014, 01:52:47 PM

Bitcoin

Not entirely true. Historically, even I would mine bitcoin so that I could dump it and buy up alts that I preferred. I wasn't alone.

Though bitcoin is the gold-standard for buy, selling and evaluating crypto, even it is subject to mining and dumping.

salsacz

hero member

Activity: 490

Merit: 504

Bitcoin

rlh

hero member

Activity: 804

Merit: 1004

Quote from: greyw00lf on March 14, 2014, 12:50:15 PM

Quote from: rlh on March 14, 2014, 10:47:38 AM

Nxt Mining Pool Bounty posted @ Nextcoin.org

https://nextcoin.org/index.php/topic,4399.0.html

*snip* for antanst Wink

awesome idea! i like it!

One of the benefits about doing this with Nxt is that since Nxt can't be directly mined and has a fixed amount, there will also can't be a large rash of dumpers, trying to profit from good profitability with low difficulty, which would suppress the price.

People who "mine" Nxt this way will mostly do so because they want Nxt. As they mine for it, their work not only generates Nxt for them but it also elevates the price since the pool continually purchases Nxt from the bottom of the sell book.

What other coin/pool can do this?

abctc

legendary

Activity: 1806

Merit: 1038

testnet is un-stuck now. At least on my two 0.8.8 servers. I had to reload blockchain.

last block: 85775 12217 %

rdanneskjoldr

sr. member

Activity: 288

Merit: 250

https://docs.google.com/spreadsheet/ccc?key=0Arzq8Bs8lJsGdHF6Y01mdlpkQUxhQmRoeDhOT3RKSVE&usp=sharing#gid=1

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

Quote from: antanst on March 14, 2014, 01:15:29 PM

Quote from: jl777 on March 14, 2014, 01:00:25 PM

We need more testing. The first of the testing bounties:
antanst should get 10000 NXT for crashing testnet
l8orre should get 5000 NXT for making freerider that will help others crash testnet

Thanks!

Actually, if there would be a bounty for developing a complete test framework (including tests like the one that crashed the testnet) that continuously built NRS from latest version and showed the tests output in a nice web interface, I would potentially be interested in building it. People then would even propose tests and we could be adding them one by one.

+1

antanst

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Activity: 294

Merit: 260

Quote from: jl777 on March 14, 2014, 01:00:25 PM

We need more testing. The first of the testing bounties:
antanst should get 10000 NXT for crashing testnet
l8orre should get 5000 NXT for making freerider that will help others crash testnet

Thanks!

Actually, if there would be a bounty for developing a complete test framework (including tests like the one that crashed the testnet) that continuously built NRS from latest version and showed the tests output in a nice web interface, I would potentially be interested in building it. People then would even propose tests and we could be adding them one by one.

Hegemon

full member

Activity: 152

Merit: 100

Quote from: jl777 on March 14, 2014, 01:00:25 PM

For all the controversy the "coin that shall not be named" has created, at least people now are seeing NXT for what it can do.

exactly

Topic: NXT :: descendant of Bitcoin - Updated Information - page 338. (Read 2761650 times)