The White Paper has some interesting ideas:
https://docs.google.com/document/d/1RLcjSXWuU9vBJzzqLEXVACSCdn8zXKTTJRN_LfoCjNY/edit?pli=1
We should use more tangible terms when propagating NXT. People need tangible words and concepts to reach a real understanding of NXT.
I really find the term "BANK" very inspiring: in fact the NXT network is a decentralized BANK.
Topic: NXT :: descendant of Bitcoin - Updated Information - page 843. (Read 2761626 times)
Man, Wesley your client is so SLICK
Love it. Wish I was buying real assets..
Love it. Wish I was buying real assets..
This creates two classes of users and significantly reduces the percentage of the money supply used to secure the network.
Why? Here we see no explanation but just a statement of "fact" (or in other words "bullshit").
Additionally both of these systems suffer from the potential that a large stake holder could perform a denial of service attack by refusing to include some or all transactions.
They seem to have overlooked the "penalty" for not forging here.
Not forging does not mean, not including certain transactions.
below are from the latest Bitshares X whitepaper:
A recent entrant to the Proof of Stake scene is Nxt which claims to be 100% proof of stake and does so with a process they call transparent mining.
With transparent mining the network deterministically selects who gets to produce the next block. If this person is online at the time then they get an opportunity to earn transaction fees. Otherwise a block is produced by the next in line.
The problem with existing proof of stake systems including Peercoin and Nxt is that they dependupon a subset of users that actually choose to dedicate computational power to mining in aneffort to earn income from transaction fees. This creates two classes of users and significantly reduces the percentage of the money supply used to secure the network. Additionally both of these systems suffer from the potential that a large stake holder could perform a denial of service attack by refusing to include some or all transactions.
how do you think the comments about NXT transparent forging?
A recent entrant to the Proof of Stake scene is Nxt which claims to be 100% proof of stake and does so with a process they call transparent mining.
With transparent mining the network deterministically selects who gets to produce the next block. If this person is online at the time then they get an opportunity to earn transaction fees. Otherwise a block is produced by the next in line.
The problem with existing proof of stake systems including Peercoin and Nxt is that they dependupon a subset of users that actually choose to dedicate computational power to mining in aneffort to earn income from transaction fees. This creates two classes of users and significantly reduces the percentage of the money supply used to secure the network. Additionally both of these systems suffer from the potential that a large stake holder could perform a denial of service attack by refusing to include some or all transactions.
how do you think the comments about NXT transparent forging?
Seems they r right, we should implemented forging power leasing to get rid of such the issue.
It related to what I said previously here: https://bitcointalksearch.org/topic/m.5034359
How does a node decide which transactions to include? I think the answer is: the node decides itself.
So, when an account leases forging power to a node, what should prevent that node to mis-use that power?
I'm a nobody here, but I also kindly ask you to calm down.
Don't befoul this thread with your aggressive wording...
Smaragda has been in the trenches and today was the 1st time i've seen him get worked up....so i'll let it pass.
Why don't you ask him why he's worked up?
hey can i get some fresh texTNXT, mine are all old and yucky smelling
oh right
15265031083387211287
oh right
15265031083387211287
Hi , I sent you 1K TestNext
.thanks
Huh! My testnet coins and assets have disappeared. Was there a reset of the testnet or something?
What is your TEST address number ?
Huh! My testnet coins and assets have disappeared. Was there a reset of the testnet or something?
>>>>>>>>>>>>>>> PLEASE VOTE! <<<<<<<<<<<<<<<
Unregistered users are allowed up to 3 votes per hour, whilst registered users are allowed 6 votes per hour!
Please quote me, share on Twitter, Facebook, Reddit... thanks!
Unregistered users are allowed up to 3 votes per hour, whilst registered users are allowed 6 votes per hour!
Please quote me, share on Twitter, Facebook, Reddit... thanks!
Register and vote six times every hour!
Just a reminder...
Done .
An Error Has Occurred!
Sorry smaragda, you are banned from using this forum!
Insulting staff.
This ban is not set to expire.
Graviton is on his usual power trip over at HIS forum... ROFLMAO!
How come you didn't tell the Nxt community that Drexme was about to invest stolen NXT... huh tough guy?
FUCK GRAVITON & DREXME... enough with both those fuckin' assholes!!!
Edit: FUCK dgex too while you're at it!
Sorry smaragda, you are banned from using this forum!
Insulting staff.
This ban is not set to expire.
Graviton is on his usual power trip over at HIS forum... ROFLMAO!
How come you didn't tell the Nxt community that Drexme was about to invest stolen NXT... huh tough guy?
FUCK GRAVITON & DREXME... enough with both those fuckin' assholes!!!
Edit: FUCK dgex too while you're at it!
Dude chill. Drexme did not do that with gravitons permission. his excuse to us aftter the theft was discovered was for the investment, even though we demanded the nxt back
FUCK GRAVITON... why are you asking me to chill?
Did you see all that "I don't like your tone" BULLSHIT he tried to sell me?
I never said he gave permission... I just quoted Drexme saying that he had PMd him.
Don't befoul this thread with your aggressive wording...
>>>>>>>>>>>>>>> PLEASE VOTE! <<<<<<<<<<<<<<<
Unregistered users are allowed up to 3 votes per hour, whilst registered users are allowed 6 votes per hour!
Please quote me, share on Twitter, Facebook, Reddit... thanks!
Unregistered users are allowed up to 3 votes per hour, whilst registered users are allowed 6 votes per hour!
Please quote me, share on Twitter, Facebook, Reddit... thanks!
Register and vote six times every hour!
Just a reminder...
blablabla
I banned you, because all of your last posts at Nextcoin.org contained insults and after Graviton told you to calm down, you insulted him directly. Now you come here to cry? How sweet, little kiddy.
hey can i get some fresh texTNXT, mine are all old and yucky smelling
oh right
15265031083387211287
oh right
15265031083387211287
Hi , I sent you 1K TestNext
. 
An Error Has Occurred!
Sorry smaragda, you are banned from using this forum!
Insulting staff.
This ban is not set to expire.
Graviton is on his usual power trip over at HIS forum... ROFLMAO!
How come you didn't tell the Nxt community that Drexme was about to invest stolen NXT... huh tough guy?
FUCK GRAVITON & DREXME... enough with both those fuckin' assholes!!!
Edit: FUCK dgex too while you're at it!
Sorry smaragda, you are banned from using this forum!
Insulting staff.
This ban is not set to expire.
Graviton is on his usual power trip over at HIS forum... ROFLMAO!
How come you didn't tell the Nxt community that Drexme was about to invest stolen NXT... huh tough guy?
FUCK GRAVITON & DREXME... enough with both those fuckin' assholes!!!
Edit: FUCK dgex too while you're at it!
Dude chill. Drexme did not do that with gravitons permission. his excuse to us aftter the theft was discovered was for the investment, even though we demanded the nxt back
hey can i get some fresh texTNXT, mine are all old and yucky smelling
oh right
15265031083387211287
oh right
15265031083387211287
http://www.freechess.org/Events/NXT/ Started! good luck for players! 
If anyone wanted to help with english proofreading for Nxt articles, let me know (we've got some guys already, but joefox isn't a robot 
)
(we've got some guys already, but joefox isn't a robot )Ill hêlp out here
Looks like someone was able to buy "Test" (capital letter) and another person was able to buy "test"? Not sure how that is possible..
Thx, I'll check this bug.
Looks like someone was able to buy "Test" (capital letter) and another person was able to buy "test"? Not sure how that is possible..
Anyone got 0.7.5 successfully running on a RasPi?
Mine is crashing everytime because of memory issues.
Mine is crashing everytime because of memory issues.
I have RasPI running with 0.7.5. Starting with java -Xmx150m.... "Scanning Blockchain" take ~8-9 minutes. Opening acount works also, forging too.
So it should work with model A and B.
Code:
Every 1,0s: echo -n "cpu:\t$"; vcgencmd measure_temp; echo -n "arm:\t$"; vcgencmd measure_clock arm; echo -... Sun Feb 16 20:21:39 2014
cpu: $temp=49.8'C
arm: $frequency(45)=250000000
core: $frequency(1)=250000000
sdcard: $frequency(47)=250000000
core: $volt=1.05V
ram: $volt=1.13V
Resouces:
top - 20:21:40 up 11 min, 1 user, load average: 0,41, 0,81, 0,60
Tasks: 73 total, 1 running, 72 sleeping, 0 stopped, 0 zombie
%Cpu(s): 3,9 us, 2,9 sy, 9,8 ni, 83,3 id, 0,0 wa, 0,0 hi, 0,0 si, 0,0 st
KiB Mem: 249244 total, 226288 used, 22956 free, 3420 buffers
KiB Swap: 102396 total, 0 used, 102396 free, 21020 cached
PID USER PR NI VIRT RES SHR S %CPU %MEM TIME+ COMMAND
2328 pi 39 19 284m 177m 5328 S 10,7 72,9 8:00.08 java
3066 pi 20 0 4540 1316 1028 R 4,9 0,5 0:00.12 top
1 root 20 0 2144 712 608 S 0,0 0,3 0:02.42 init
Device: tps MB_read/s MB_wrtn/s MB_read MB_wrtn
mmcblk0 0,00 0,00 0,00 0 0
sda 0,00 0,00 0,00 0 0
Last 10 lines of nxt.log:
[2014-02-16 20:10:55.663] "allowedBotHosts" = "127.0.0.1; localhost; 0:0:0:0:0:0:0:1; 192.168.1.20; 192.168.1.113;"
[2014-02-16 20:10:55.716] "blacklistingPeriod" = "300000"
[2014-02-16 20:10:55.719] "communicationLoggingMask" = "0"
[2014-02-16 20:10:55.818] "sendToPeersLimit" = "10"
[2014-02-16 20:10:55.952] DEBUG: Database cache size set to 74240 kB
[2014-02-16 20:11:06.485] Database is at level 15
[2014-02-16 20:11:06.586] Updated database is at level 15
[2014-02-16 20:11:06.853] Scanning blockchain...
[2014-02-16 20:18:48.795] ...Done
[2014-02-16 20:18:48.952] NRS 0.7.5 started successfully.
114M /home/pi/nxt/nxt_db
cpu: $temp=49.8'C
arm: $frequency(45)=250000000
core: $frequency(1)=250000000
sdcard: $frequency(47)=250000000
core: $volt=1.05V
ram: $volt=1.13V
Resouces:
top - 20:21:40 up 11 min, 1 user, load average: 0,41, 0,81, 0,60
Tasks: 73 total, 1 running, 72 sleeping, 0 stopped, 0 zombie
%Cpu(s): 3,9 us, 2,9 sy, 9,8 ni, 83,3 id, 0,0 wa, 0,0 hi, 0,0 si, 0,0 st
KiB Mem: 249244 total, 226288 used, 22956 free, 3420 buffers
KiB Swap: 102396 total, 0 used, 102396 free, 21020 cached
PID USER PR NI VIRT RES SHR S %CPU %MEM TIME+ COMMAND
2328 pi 39 19 284m 177m 5328 S 10,7 72,9 8:00.08 java
3066 pi 20 0 4540 1316 1028 R 4,9 0,5 0:00.12 top
1 root 20 0 2144 712 608 S 0,0 0,3 0:02.42 init
Device: tps MB_read/s MB_wrtn/s MB_read MB_wrtn
mmcblk0 0,00 0,00 0,00 0 0
sda 0,00 0,00 0,00 0 0
Last 10 lines of nxt.log:
[2014-02-16 20:10:55.663] "allowedBotHosts" = "127.0.0.1; localhost; 0:0:0:0:0:0:0:1; 192.168.1.20; 192.168.1.113;"
[2014-02-16 20:10:55.716] "blacklistingPeriod" = "300000"
[2014-02-16 20:10:55.719] "communicationLoggingMask" = "0"
[2014-02-16 20:10:55.818] "sendToPeersLimit" = "10"
[2014-02-16 20:10:55.952] DEBUG: Database cache size set to 74240 kB
[2014-02-16 20:11:06.485] Database is at level 15
[2014-02-16 20:11:06.586] Updated database is at level 15
[2014-02-16 20:11:06.853] Scanning blockchain...
[2014-02-16 20:18:48.795] ...Done
[2014-02-16 20:18:48.952] NRS 0.7.5 started successfully.
114M /home/pi/nxt/nxt_db
Greets,
eb
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