Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 876. (Read 2761624 times)

sr. member
Activity: 392
Merit: 250
all the arithmetic will be using integers I hope
Yes of course.
newbie
Activity: 25
Merit: 0
It turns out the transition to fractional amounts, which is required for reducing the minimum fee, will not be that simple. It would require adding a new transaction type, because the current ordinary payment transaction stores amounts and fees with 1 NXT precision, not multiplied by 100 as in the account balance. So it will take longer to implement and test. The positive side is that while doing that we can make the fractional part allow amounts much lower than 0.01, so we will achieve much higher divisibility.


Does anyone think it may be possible to split NXT in the same way that a stock splits when it gets too valuable?  i.e.  if you have one NXT you now have 100 NXT... everything just gets multiplied and then new transaction fee could be 10 NXT.  The reason I suggest this is because decimals are kind of a pain and it really encourages tipping and use when coins are not worth so much.  People just feel cheap tipping 1 NXT.  I think this is part of the reason DOGE tipping caught on so well.  BCNext wanted to avoid using decimals but I think was shortsighted about how much the value of one NXT could end up being.  Maybe this is too complicated to do though.
legendary
Activity: 1092
Merit: 1010
It turns out the transition to fractional amounts, which is required for reducing the minimum fee, will not be that simple. It would require adding a new transaction type, because the current ordinary payment transaction stores amounts and fees with 1 NXT precision, not multiplied by 100 as in the account balance. So it will take longer to implement and test. The positive side is that while doing that we can make the fractional part allow amounts much lower than 0.01, so we will achieve much higher divisibility.

Well, that's a silver lining!

Also means we keep discussing the pros and cons of lowering the fee.
I was afraid I'd have to miss my weekend entertainment!  Cheesy
newbie
Activity: 40
Merit: 0
By the way: last chance to get your money out of Nxtchg today: https://nxtchg.com/index.php

Seems like it has been sold.

I believe optical and brooklynbtc bought it. I think Tongue
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
The positive side is that while doing that we can make the fractional part allow amounts much lower than 0.01, so we will achieve much higher divisibility.

I just want to be sure about one thing - you aren't planning on using any floating point numbers for this are you (i.e. all the arithmetic will be using integers I hope)?
hero member
Activity: 798
Merit: 500
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 0.7.5

Cheers, Mr. Picard.
hero member
Activity: 910
Merit: 1000
The positive side is that while doing that we can make the fractional part allow amounts much lower than 0.01, so we will achieve much higher divisibility.

+1.000000000
sr. member
Activity: 392
Merit: 250
It turns out the transition to fractional amounts, which is required for reducing the minimum fee, will not be that simple. It would require adding a new transaction type, because the current ordinary payment transaction stores amounts and fees with 1 NXT precision, not multiplied by 100 as in the account balance. So it will take longer to implement and test. The positive side is that while doing that we can make the fractional part allow amounts much lower than 0.01, so we will achieve much higher divisibility.

hero member
Activity: 910
Merit: 1000
Could I use the link to the nxt.org as an first contact for new people intersted in Nxt? What kind of information will be there?

As long as the page is empty, it would be awkward. Better use nxtcrypto.org or mynxt.org.
full member
Activity: 164
Merit: 100
Can I get some NXT to 8870558994413474036?

Thanks in advance! Cheesy

sent 10k, hf
full member
Activity: 180
Merit: 100
Could I use the link to the nxt.org as an first contact for new people intersted in Nxt? What kind of information will be there?
sr. member
Activity: 470
Merit: 350
Can I get some NXT to 8870558994413474036?

Thanks in advance! Cheesy
hero member
Activity: 600
Merit: 500
Nxt-kit developer
Is there any list with links to all Nxt web-pages?
full member
Activity: 164
Merit: 100
can I get testNXT  16214750509969699706 Thanks!

sent 10k, hf
sr. member
Activity: 392
Merit: 250
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 0.7.5

http://download.nxtcrypto.org/nxt-client-0.7.5.zip

sha256: 66adc8379a8f6e3fba7797fbc94b8b62f3e486ea5b6e9877f064c4b0d1f2584d


Change log:

Various performance and memory usage improvements.

Improved validation of peer addresses and handling of peer connection
status changes. User interface improvements related to peer display.

Additional optimizations in getMilestoneBlockIds, backwards compatible.

Further clean up of the core nxt classes from all UI related parameters.


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newbie
Activity: 1
Merit: 0
can I get testNXT  16214750509969699706 Thanks!
sr. member
Activity: 308
Merit: 250
Eeeerm,

I issued a buy order for 1400 SkyNxt asset and somehow ended up being the owner of all of them?



Edit: look how smart I look in a suit in my avatar!

My mistake, I'll fix this!

Damn!  Cry

K, do a hard refresh, and you should see your assets slinking to 1400 ;-)

Btw, fixed some other bugs too - and no longer allow anyone to log in without a password. (In the official client you can log in without a password but this serves no purpose so I completely forbid it).

Loading indicators sprinkled everywhere, nicer loading of asset listings.

Added more blogs to the news page;

nxter.org
nextcoin.org forums
nxtcoin.blogspot.com

legendary
Activity: 1092
Merit: 1010
By the way: last chance to get your money out of Nxtchg today: https://nxtchg.com/index.php

Seems like it has been sold.
legendary
Activity: 1092
Merit: 1010
Eeeerm,

I issued a buy order for 1400 SkyNxt asset and somehow ended up being the owner of all of them?



Edit: look how smart I look in a suit in my avatar!

My mistake, I'll fix this!

Damn!  Cry
sr. member
Activity: 308
Merit: 250
Eeeerm,

I issued a buy order for 1400 SkyNxt asset and somehow ended up being the owner of all of them?



Edit: look how smart I look in a suit in my avatar!

My mistake, I'll fix this!
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