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Topic: Nxt Monetary System launched: Now on Nxt Testnet! - page 4. (Read 8486 times)

member
Activity: 65
Merit: 10
This is incredible !! NXT is the most innovative coin ever Smiley
sr. member
Activity: 308
Merit: 250
Exciting times!

ORA will be launching as an MS currency in the not too distant future!

For details, and to join in the discussion please follow the links in my signature!

All are welcome!!
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
This should put NXT on everybodies radar!

Indeed. I would love to know what entrepreneurs will make out of it. They always come up with some crazy ideas no computer scientist and programmer could have come up with.
newbie
Activity: 51
Merit: 0
This should put NXT on everybodies radar!
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
Use for loyalty points/tokens? Smiley
Less technical skills required than when you have to create/clone your own crypto.

Exactly. Have a read here: http://nxter.org/nxt-for-financial-experts-local-groups-and-cryptofans/
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
Why not just use NXT itself?  What utility will this feature provide?

Different properties than NXTs.
Different use-cases than NXTs.
Diversification.

Ah yes, and brings a bit of sidechain flair to Nxt. Wink
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
I would like to see people breaking the testnet!
hero member
Activity: 910
Merit: 1000
legendary
Activity: 1092
Merit: 1010
UPDATE

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

Quote
-----BEGIN PGP SIGNED MESSAGE-----
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Release 1.4.1e

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-client-1.4.1e.zip

sha256:

2777a11b701170d7decc01bb82a9049abc37bd293374f852d1810c8195d9842b  nxt-client-1.4.1e.zip


Change log:

This is a bugfix release following 1.4.0e.

Fixed Currency Exchange Booth not working. Fixed currency decimals issue.

Fixed minor bugs in MS transaction validation.

Show total alias count in aliases page. Alias deletion and dividend payment
UI fixes.


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sr. member
Activity: 330
Merit: 250
Interesting
hero member
Activity: 770
Merit: 500
NXT never ceases to amaze me , good job guys.
legendary
Activity: 1092
Merit: 1010
OK, for those confused by "minting"

You need to fill out the following in nxt-default.properties file

#### MINT ####

# Address of the NXT server to which the mint worker submits its transactions (default: localhost)
nxt.mint.serverAddress=localhost

# Specify a mintable currency code
nxt.mint.currencyCode=Coin shortcode

# Secret phrase for the minting account, this secret phrase is sent to the host specified by
# nxt.mint.serverAddress therefore do not specify secret phrase of an account with lots of funds
nxt.mint.secretPhrase=your passphrase

# Number of units to mint per transaction
# The minting difficulty grows linearly with the number of units per mint
nxt.mint.unitsPerMint=1 < no idea exactly what does yet. I left it at 1.

# The initial nonce used for minting
# Set to 0 to start with a random nonce
nxt.mint.initialNonce=0 < left this at 0, too

# Number of concurrency threads used for minting
# Set to 0 allocate one thread per processor core
nxt.mint.threadPoolSize=0 < same

# When set to false mint transactions are not submitted when a hash is solved.
# Set this value to true to perform actual minting
nxt.mint.isSubmitted=true

You then, with Nxt running, need to run either mint.bat or mint.sh.

And voila, you are minting.

If anyone can tell us more about the parameters, that would be nice.  Smiley
full member
Activity: 134
Merit: 100
Very cool Smiley
member
Activity: 588
Merit: 10
Made my own currency and started minting. To see the monetary system in action is damn cool.

I've not yet figured out how to mint.
Could you maybe explain to less technically adept people (me)?  Grin

How long until it's on the main net?

Depends on how well this test goes, probably.
We've heard no firm dates yet, but maybe the development manager ChuckOne can tell us.


Have a look at the config file. There's a section for minting. After that start minter.sh/bat

It's quite easy Smiley
sr. member
Activity: 311
Merit: 250
Cool! when will go real NXT?
newbie
Activity: 38
Merit: 0
Cool, I'll keep my eyes on this one ...
legendary
Activity: 1092
Merit: 1010
Made my own currency and started minting. To see the monetary system in action is damn cool.

I've not yet figured out how to mint.
Could you maybe explain to less technically adept people (me)?  Grin

How long until it's on the main net?

Depends on how well this test goes, probably.
We've heard no firm dates yet, but maybe the development manager ChuckOne can tell us.
legendary
Activity: 1162
Merit: 1005
Just reposting from nxt forum:

GJ devs, open node here:

http://5.196.1.215:6876/index.html

If you want to play with it but don't have the time to setup one.
sr. member
Activity: 719
Merit: 250
How long until it's on the main net?
full member
Activity: 147
Merit: 100
Made my own currency and started minting. To see the monetary system in action is damn cool.
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