Topic: NXT :: descendant of Bitcoin - Updated Information - page 802. (Read 2761629 times)

Than we all have to vote as hell, day by day, hour by hour as registered users (6 votes per hour) to get 20,000 votes.

I dont like the feeling of buying votes as I think NXT dont need to buy votes, it will be popular soon enough.

Fair enough. By load, I was more hoping for a dozen+ users from different IP addresses...

I am thinking of using the NXT that comes in to bid for the unclaimed nodecoins to then bid for them on the Asset Exchange. This way there would always be a somewhat liquid market for nodecoins and it would provide a direct mechanism for people to support forging by bidding on nodecoins

I doubt there will be much speculation in the value of the nodecoin since the cost to create them is to run a forging node.
Is there demand for me to add account tracking for the nodecoin rewards? Maybe if people automatically get credit to their acct people are more likely to use it. I can set the allocation percentage for the lottery to something like 80% to the acct that earned it and 20% to the high bidder. To collect your coins and the unclaimed nodecoins, you just have to send in NXT bid. 1 NXT would get you all of the nodecoins you earned, but to get the unclaimed nodecoins you need to be the high bidder.

Kind of combines rewarding people for forging, with a bit of lottery action. Anyway for the multisig gateway Ive gotta add acct tracking anyway.

James

@pinarello: Dunno, they have a trading volume of 130 BTC for PandaCoin for example. More exchangers are always better for us, or? And the website doesn't look that bad. 10,000 NXT to get into it the next days is not so much for us as a community, I think. We could collect the 10,000 NXT at an account and I would do the rest and buy the VOTES.

Punkrock, how important is that site?

Short calculation: We need 10,000 NXT to buy 20,000 VOTES @ https://www.mintpal.com/voting if we sell the NXT @ 0,0001 BTC

IMO no limit as each committee will represent the community as a whole. As of now I dont think this is a problem as not that many people apply.

I should not set a limit to tech and infra people the more active members the better.

Erm you said you wanted some load so I just spawned 50 copies on my macbook...
I didn't change the code.
I've stopped them.

The original discussion concluded 5 or 7, but that's not set in stone.  I personally think 5 sounds right.

How many members will sit on each committee?

doesn't that need an update?
coz the one on the right is now a wolf

http://howlingforjustice.wordpress.com/
http://howlingforjustice.files.wordpress.com/2009/10/wolves.jpg?w=470&h=352

Right now there is an auction every block for all the unclaimed coins. You just need to send NXT to the robot and be the highest bidder.

However, whoever has test acct 3323287590575539129 has modified the nodeminer to make excessive claims. Please understand nodecoin has only one day's work and has no protections. We must use the honor system to prevent unfair claims on the 1000 NXT bounty. Any abuse (changing nodeminer claim frequency) will disqualify you from bounty.

I still want to test the auction process, but that requires coordinating competing bids from multiple people

3323287590575539129 please stop cheating.

James

BUY VOTES FOR NXT!

1 VOTE = 0,00005 BTC
1 BTC = 20,000 VOTES FOR NXT

Website: https://www.mintpal.com/voting
How to? Send any BTC to 1KB2AWLpKByBifkyQLJERhZi4jVDGWMA4n

Each 0.00005000 BTC received will count for 1 vote. All payment votes will be publicly visible, as you can see by clicking here.

Unclaimed coins funds and committees...

Community,

Please apply for one of the committees created.

https://docs.google.com/spreadsheet/ccc?key=0AsrKGhOkVcFpdFRFeHNUdWx3Qy1nTjBPLUFNWUJKQkE&usp=sharing#gid=0

If there are more candidates than places we shall vote for the members.

Everyone has  to present his project before the projectboard (members of all committees) they will do a triage of projects and assign each project to the correct committee.

You find the projectboard here:
https://forums.nxtcrypto.org/viewtopic.php?f=54&t=809

Three committees will be created:

NXTinfrastructurefund (more hardware related, VPS, clients)
Discussing the projects assigned to this committee will be held here:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806


NXTmarketingfund
Discussing the projects assigned to this committee will be held here:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807


NXTtechfund (more code related)
Discussing the projects assigned to this committee will be held here:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=808

Mean time we will moving away from BTT and use the official decentralized forum https://forums.nxtcrypto.org/

Remarks and suggestion welcome

Pin

Guys, please help. I think there are more people having the same problem here.

After cleaning the database (nxt_db) for the third time (each time, the client shut down for no reason, nothing in the nxt log, and had to be boot up three times before finally reached and downloaded the last blocks), I still have encountered the same error/debug message:

What's going on? does this mean that I am most likely to be on a fork? how to prevent this?
and what the heck is panda.nxtbase.com doing? have seen more people received 'faulty' blocks from this very node.

Maybe someone can explain this. In terminal, I see I've collected

Total unclaimed nodecoins 5289.0

But in AE under my assets (Wesley's client), I only have 51 listed. Is this a client bug, or is the asset issued at a fixed time every day?

Wesh; seeing as everyone else is ignoring ya, heres some help:
The reason u r seeing 600 unconfirmed transactions is that u are currently on a fork of the blockchain. This is not good...
Look at my last block:

69664      4747512364439223888      dinsdag 18 februari 2014 22:50:06   
      
      1      49 + 1      128 B   
      
      2      12965468926053797053      70 %   
   

If none of that matches with what u r seeing, shut down NRS, delete everything and re-install. U need to be running version 7.4 or 7.5, available from the first page of this thread.
Install, run, let the blockchain update and then u can log back in to start forging.
Hate to tell u, but u will need to have at the very least 10,000 NXT (preferably a lot more) to see any forging income at all.

I am designing an interim solution for this, but I still need to either get a developer (I can pay NXT!) or come up to speed myself on doing multisig stuff

I have no checks in there to prevent that, I would think that you will generate nodecoins from each instance. The way it is setup now, it doesnt matter as nobody gets these nodecoins until they bid for them. Once I do some serverside error checks, I could limit to once instance per computer. Just need a way to get a unique ID.

Now the source for nodeminer is only 500 lines, server side is about 1000 lines of code. I am pretty sure this is a record low number of lines for a coin. However there are no protections built in at all. Anybody can spoof it, that is why I didnt bother with tracking which accts are creating the nodecoins. Since all it takes is to let your acct forge NXT, there isnt much incentive to cheat. Once I create some CPU calculations needed for PoW, that should take care of most spoofing.

This whole process of using NXT for nodecoin is helping with the automated gateway design. Of course, for NXTcoins there is no need at all for any gateways, since they are creating within NXT. crypto people are comfortable with altcoins and mining, so I am leveraging that to convert them into NXT'ers. At the same time, I am coming up with ways to utilize the massive mining resource to do useful calculations. By useful, I mean financially valuable.

I only see a few people running nodeminer, someone's going to collect the 1000NXT bounty without much effort

James

P.S. I must be doing something right if emule is complaining about me