Topic: NXT :: descendant of Bitcoin - Updated Information - page 719. (Read 2761650 times)
if we are changing the fees from 1 NXT drastically to 0.01 NXT when transactions are few right now, isn't it a security concern since people will stop running nodes since there is little incentive to it?
It would be nice if there was a multisend feature in the client. If I could line up all the addresses of hard working nxt'ers and one-click send a given amount, say 1000nxt (as in each would get 1000) I'd be very inclined to give more regular donations in just this way. Sitting at the computer and putting in 50 or how ever many transactions is a PITA.
If you're using GNU/Linux you can use this:
Code:
#!/bin/bash
# sndnxt.sh 20140223 -- send NXT to multiple addresses.
#
# Copyright 2014 The Free Software Foundation.
# Copying and distribution of this file, with or without
# modification, are permitted in any medium without royalty
# provided the copyright notice and this notice are preserved.
# This file is offered as-is, without any warranty.
#
if [ $# -ne 3 ]; then
echo "Usage: ${0##*/} 'passphrase' amount file_of_addresses"
exit 1
fi
passphrase="$(perl -MURI::Escape -e 'print uri_escape($ARGV[0])' "$1")"; shift
amount=$1; shift
for nxtaddr in $( cat "$1" ); do
echo "sending $amount to $nxtaddr"
curl -s "http://localhost:7874/nxt?requestType=sendMoney&secretPhrase=$passphrase&recipient=$nxtaddr&amount=$amount&fee=1&deadline=1440" >> /dev/null
done
exit 0
Just tested it out and it seems to work.
Thank you very much. It's very helpful for "3 More Nxt". BTW, "3 More Nxt" has sent Nxt to about 200 Nxters manually.
Quote
Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.
Ayn RandI have donated 2,100,000NXT to entities you will learn about in the following 3 weeks!
great.one tenth of total BTC.
like the number of 21.
that's coool! what must i do to get 1000's ?
Is there a way for the network to verify if someone is contributing by forging?
If so, why not make it so that people who do forge pay a lower transaction fee than those who do not?
I personally forge as a 'civic duty' to promote the network, but it remains to be seen whether relying on altruists to support the network will be enough to make TF work. The hardcore users will run nodes to be good citizens. For most average people there's going to need to be some kind of incentive to forge or at least a disincentive not to.
If the hard-core users are enough to run the network then great. If not, then something needs to be come up with. This issue concerns me.
If so, why not make it so that people who do forge pay a lower transaction fee than those who do not?
I personally forge as a 'civic duty' to promote the network, but it remains to be seen whether relying on altruists to support the network will be enough to make TF work. The hardcore users will run nodes to be good citizens. For most average people there's going to need to be some kind of incentive to forge or at least a disincentive not to.
If the hard-core users are enough to run the network then great. If not, then something needs to be come up with. This issue concerns me.
what kind of returns are to be expected from forging NXT?
Good video, perhaps a typo though, "
or did you use mine for attraction value to a newcomer
You know how I know BCNext is not a native English speaker? A native English speaker never would have used the word "forge" positively in connection with currency.
I dont believe bcnext came up with that term
How about FOGRE to avoid any confusion...
LOL. I'm gonna HODL some Nxt and then use it to FOGRE.
I don't get why anyone thinks the word 'forge' is going to confuse anyone. Words can have more than one meaning. No one is getting confused by the word 'mine' and thinking that this means all the coins belong to them. People will adapt to whatever you tell them it means.
Some progress in China:
With more and more promotion ,more people are attracted by active community , tech and Philosophy of Nxt.
And my weibo also attract some famous pp,such as BobbyLee,who is the president of BtcChina.
We also invite a famous enthusiast of BTC who now greatly admire Nxt to our Chinese Nxt community for discussion with a special column.
Next we will continue to attract more people to focus on Nxt and application.
Let's continue to promote Nxt forward to all over China and world.
Tks.
With more and more promotion ,more people are attracted by active community , tech and Philosophy of Nxt.
And my weibo also attract some famous pp,such as BobbyLee,who is the president of BtcChina.
We also invite a famous enthusiast of BTC who now greatly admire Nxt to our Chinese Nxt community for discussion with a special column.
Next we will continue to attract more people to focus on Nxt and application.
Let's continue to promote Nxt forward to all over China and world.
Tks.
Thanks for your effort.
Hope Nxt price in Bter will pick up soon
Thats my grandpa!
But if all 1 billion nxt are distributed and there is no more, can you explain me something about forging NXT? Because what I understood is that you can forge NXT, doing this, you will earn more NXT, but if there are only 1 billion nxt and no more and all of this are already distributed, this means with forging, there will become more NXT, right?
Not quite.
When you send Nxt to someone, or create an alias, or an arbitrary message, or issue an asset exchange transaction, you must pay a FEE (currently 1Nxt).
Those fees are collected when transactions are put into blocks, and all the fees from a block are given to the account that forges the block. New tokens are NOT created -- they are "redistributed" from fees.
Bitcoin actually does the same thing: there are small fees for all transactions. Once 2140 arrives and no new Bitcoins are being mined, the only way to "earn" Bitcoins from mining will be from collecting fees.
Think it's 2040
I have donated 2,100,000NXT to entities you will learn about in the following 3 weeks!
great.one tenth of total BTC.
like the number of 21.
Good video, perhaps a typo though, "
or did you use mine for attraction value to a newcomer
You know how I know BCNext is not a native English speaker? A native English speaker never would have used the word "forge" positively in connection with currency.
I dont believe bcnext came up with that term
How about FOGRE to avoid any confusion...
LOL. I'm gonna HODL some Nxt and then use it to FOGRE.
I don't get why anyone thinks the word 'forge' is going to confuse anyone. Words can have more than one meaning. No one is getting confused by the word 'mine' and thinking that this means all the coins belong to them. People will adapt to whatever you tell them it means.
Can somebody tell me what is the total amount of NXT coins? Its almost reached right, I thauhgt it was 1 billion?
Nxt is not a coin. It can not and never has been "mined". There are 1 billion and all of them existed from day one and were distributed to
investors.
Thats my grandpa!
But if all 1 billion nxt are distributed and there is no more, can you explain me something about forging NXT? Because what I understood is that you can forge NXT, doing this, you will earn more NXT, but if there are only 1 billion nxt and no more and all of this are already distributed, this means with forging, there will become more NXT, right?
The fees gathered from transactions are distributed to forgers, so no new Nxts are made. Nxt is not about forging though. There will soon be coins on top of Nxt that you can mine. If you want more Nxt now and don't have the funds to buy, think of a business based on Nxt or just contribute (you have various options for this) and get a bounty.
Read more here:
https://forums.nxtcrypto.org/viewtopic.php?f=2&t=276
https://nextcoin.org/index.php/topic,104.0.html
Is the testnet clock off? I have two servers, one is able to get transactions submitted without any problems,the other gets no error messages, but none of the AM's seem to get in the blockchain.
The two servers are 30 seconds apart in time...
Would it be ok if I set a short deadline (3 blocks?) and if I dont see the transaction within 3 new blocks, assume I will never see it and resubmit it?
Of course I need to sync up to the testnet. Is there a Ubuntu script that syncs to the testnet timestamp?
James
The two servers are 30 seconds apart in time...
Would it be ok if I set a short deadline (3 blocks?) and if I dont see the transaction within 3 new blocks, assume I will never see it and resubmit it?
Of course I need to sync up to the testnet. Is there a Ubuntu script that syncs to the testnet timestamp?
James
Thats my grandpa!
But if all 1 billion nxt are distributed and there is no more, can you explain me something about forging NXT? Because what I understood is that you can forge NXT, doing this, you will earn more NXT, but if there are only 1 billion nxt and no more and all of this are already distributed, this means with forging, there will become more NXT, right?
Not quite.
When you send Nxt to someone, or create an alias, or an arbitrary message, or issue an asset exchange transaction, you must pay a FEE (currently 1Nxt).
Those fees are collected when transactions are put into blocks, and all the fees from a block are given to the account that forges the block. New tokens are NOT created -- they are "redistributed" from fees.
Bitcoin actually does the same thing: there are small fees for all transactions. Once 2140 arrives and no new Bitcoins are being mined, the only way to "earn" Bitcoins from mining will be from collecting fees.
Thanks for explaining. Now I understand. But if Im right, forging NXT, will not give you a lot of NXT..
Thats my grandpa!
But if all 1 billion nxt are distributed and there is no more, can you explain me something about forging NXT? Because what I understood is that you can forge NXT, doing this, you will earn more NXT, but if there are only 1 billion nxt and no more and all of this are already distributed, this means with forging, there will become more NXT, right?
Not quite.
When you send Nxt to someone, or create an alias, or an arbitrary message, or issue an asset exchange transaction, you must pay a FEE (currently 1Nxt).
Those fees are collected when transactions are put into blocks, and all the fees from a block are given to the account that forges the block. New tokens are NOT created -- they are "redistributed" from fees.
Bitcoin actually does the same thing: there are small fees for all transactions. Once 2140 arrives and no new Bitcoins are being mined, the only way to "earn" Bitcoins from mining will be from collecting fees.
Some progress in China:
With more and more promotion ,more people are attracted by active community , tech and Philosophy of Nxt.
And my weibo also attract some famous pp,such as BobbyLee,who is the president of BtcChina.
We also invite a famous enthusiast of BTC who now greatly admire Nxt to our Chinese Nxt community for discussion with a special column.
Next we will continue to attract more people to focus on Nxt and application.
Let's continue to promote Nxt forward to all over China and world.
Tks.
With more and more promotion ,more people are attracted by active community , tech and Philosophy of Nxt.
And my weibo also attract some famous pp,such as BobbyLee,who is the president of BtcChina.
We also invite a famous enthusiast of BTC who now greatly admire Nxt to our Chinese Nxt community for discussion with a special column.
Next we will continue to attract more people to focus on Nxt and application.
Let's continue to promote Nxt forward to all over China and world.
Tks.
Can somebody tell me what is the total amount of NXT coins? Its almost reached right, I thauhgt it was 1 billion?
Nxt is not a coin. It can not and never has been "mined". There are 1 billion and all of them existed from day one and were distributed to
investors.
Thats my grandpa!
But if all 1 billion nxt are distributed and there is no more, can you explain me something about forging NXT? Because what I understood is that you can forge NXT, doing this, you will earn more NXT, but if there are only 1 billion nxt and no more and all of this are already distributed, this means with forging, there will become more NXT, right?
Can somebody tell me what is the total amount of NXT coins? Its almost reached right, I thauhgt it was 1 billion?
Nxt is not a coin. It can not and never has been "mined". There are 1 billion and all of them existed from day one and were distributed to
investors.
Nxt Charts:
New section in MyNXT.info with NXT Charts. At the moment only 2 charts, more to come!
http://www.mynxt.info/charts/
great chart.New section in MyNXT.info with NXT Charts. At the moment only 2 charts, more to come!
http://www.mynxt.info/charts/
the existed account means All account both have balance,right?
Could you possibly move all static initialization code in nxt.Nxt to nxt.Nxt.Init.init method. You probably planned that already, it could be my decompiler f%$'ing stuff up but it shows now that init method is empty (private static void nxt.Nxt.Init.init() {}) and that all code that should go there is in the static class initializer beneath it (again, that's what my decompiler thinks).
The only place where it matters is in the blockchain scan, and I will delay this to be done in the ThreadPool.start() so that you can first add listeners to the BlockchainProcessor.The rest of the init() is intentionally done static so that it can only be run once, and it has to be in an inner class because otherwise the initializers of Peers and other classes will deadlock with the init() of Nxt.
Quote
Also. You read in both "nxt-default.properties" and "nxt.properties" in the static class initializer in nxt.Nxt. The runtime exceptions thrown when those files are missing (our case) cannot be caught. I believe this code belongs in nxt.Nxt.Init.init to.
The nxt-default.properties has to be there. I don't throw exceptions if nxt.properties is missing. Why do you not want to use nxt-default.properties? It only needs to be in the classpath, it can be hidden from the user.This cannot be done in init, because properties must be loaded before any other classes attempt to get them using Nxt.getStringProperty() etc., such as the Logger initializing its debug and enableStackTraces as static final. Allowing additional properties overrides in the init() was not such a good idea. If you want to add listeners to BlockchainProcessor for example, before init() has been called, it still needs to see the correct values of all properties - so it is too late to set them in init().
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