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Topic: [NXT] Development Discussion - The dev plan that keeps on delivering - page 9. (Read 22180 times)

legendary
Activity: 1588
Merit: 1000

Macro Implications

Importing - First generation cryptocurrencies can transition into an MS currency...
allowing them to take advantage of the many powerful features of the Nxt platform.

This will be interesting to watch.

full member
Activity: 226
Merit: 100
I am kind of surprised that this did nothing to improve the price ...

It will slowly because every time a coin is minted, 1 Nxt is used for tx fee.

And those fees go to the big whales who can dump the price again. Tongue
sr. member
Activity: 252
Merit: 250
I am kind of surprised that this did nothing to improve the price ...

It will slowly because every time a coin is minted, 1 Nxt is used for tx fee.
newbie
Activity: 14
Merit: 0
I am kind of surprised that this did nothing to improve the price ...
full member
Activity: 226
Merit: 100
Nice, more than 600 currencies issued already.
newbie
Activity: 47
Merit: 0
I have squatted some, lets see if they get worth something!
legendary
Activity: 924
Merit: 1000
N.B. There are over 300 currencies and counting  Shocked Boom days for forgers

That many...heh. Grin
hero member
Activity: 574
Merit: 500
N.B. There are over 300 currencies and counting  Shocked Boom days for forgers

How come there are already so many currencies? Could you create them while the Monetary System was still in beta?

No, people were waiting for block 300,000. Most at this stage will be people claiming numerous names for speculation and some for planned projects.
sr. member
Activity: 316
Merit: 250
N.B. There are over 300 currencies and counting  Shocked Boom days for forgers

How come there are already so many currencies? Could you create them while the Monetary System was still in beta?
hero member
Activity: 574
Merit: 500
N.B. There are over 300 currencies and counting  Shocked Boom days for forgers
hero member
Activity: 574
Merit: 500
Yes, you won't be able to see 'Monetary System' on the left hand side bar without it.


Download v 1.4.7.1 above
Extract it
In the v 1.4.7 folder, copy nxt_db folder to the new version folder

(nxt_db is the blockchain folder)


Update takes 2 min, you don't have to re-downlaod the blockchain doing this. You can do this with all updates.


sr. member
Activity: 316
Merit: 250
Yes, but there was a glitch in displaying the menu on the left to use MS Smiley

This update fixes it.

Do I have to update my Nxt client to use it?
hero member
Activity: 574
Merit: 500
Yes, but there was a glitch in displaying the menu on the left to use MS Smiley

This update fixes it.
sr. member
Activity: 316
Merit: 250
Update.

https://nxtforum.org/nrs-releases/nrs-v1-4-7-1/

Quote
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Hash: SHA1

Release 1.4.7.1

[deleted]

sha256:

[deleted]


Change log:

Always enable Monetary System menu in the UI as we are after block 330000 now.

There are no other changes from 1.4.7.


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We are now at block 330034 so is the Monetary System fully operational now?
hero member
Activity: 574
Merit: 500
Update.

https://nxtforum.org/nrs-releases/nrs-v1-4-7-1/

Quote
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 1.4.7.1

[deleted]

sha256:

[deleted]


Change log:

Always enable Monetary System menu in the UI as we are after block 330000 now.

There are no other changes from 1.4.7.


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hero member
Activity: 574
Merit: 500
Updated feature order in OP.
hero member
Activity: 574
Merit: 500
Approx 3 hours, 18 minutes before the launch of Monetary System: trustless crowd funding, secure retail vouchers and even other crypto coins possible on the Nxt platform (inclusing POW)


Countdown to Monetary System >>> http://jnxt.org/countdown/?block=330000

Wiki for Monetary System > https://wiki.nxtcrypto.org/wiki/Monetary_System
sr. member
Activity: 378
Merit: 250
Big movement up today for NXT.

I think its an error on CMC

What, I thought that price was for real! You mean it's bullshit? If that's true then coinmarketcap's getting flakey.

They are very flakey. I think its because they draw in data from as many sources as possible, and if there is a problem with any of those sources it throws everything off. For example the nxt price was because one exchange with low volume was quoting a very, very high price - probably somebody did a market buy and some tiny amount, like that last 1 or 2 nxt to complete the order, was picked up way off market price, but because that was the last price someone bought at its what gets reported to CMC.
hero member
Activity: 854
Merit: 1001
Big movement up today for NXT.

I think its an error on CMC

What, I thought that price was for real! You mean it's bullshit? If that's true then coinmarketcap's getting flakey.

Yeah...It would be nice, but I've traced the source of the glitch to a trade on CCEDK at 21.15 (CET) where someone (idiot or pumper) forgot a zero on his buy price. Ouch.
And to make it even more confusing....CMC seems to have stopped updating at exactly that moment, so even though the price on CCEDK rapidly corrected, CMC is stuck.
Oh, well, got some nice screen shots of the Asset listings:



Anyhow, assume 6000 satoshi/NXT as the real price today, and be careful with your zeroes.......
sr. member
Activity: 296
Merit: 250
Big movement up today for NXT.

I think its an error on CMC

What, I thought that price was for real! You mean it's bullshit? If that's true then coinmarketcap's getting flakey.
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