Questions tagged [nxt]

Questions about NXT are off topic. Nxt is an electronic cash like Bitcoin but PoS based and written from scratch in Java.

Filter by
Sorted by
Tagged with
3
votes
1answer
3k views

Where can I direct download the NXT blockchain data instead of from the client?

When installing the nxt nrs client from scratch I need to redownload the nxt_db database blockchain. Is there a place where I can just download it from directly on a fast connection? It seems that it ...
1
vote
1answer
74 views

Nxt: TCP, HTTP, or both

In the NXT documentation it says that the Peer protocol uses TCP. But looking through the code all I see is HTTP. Does NXT use HTTP or TCP for the Peer protocol?
0
votes
1answer
63 views

How would one mix NXT coins?

How would a user mix their NXT coins so they cannot be linked to previous accounts that sent it to the user? One way I thought up of was to deposit your NXT coins into an exchange and take it back out ...
0
votes
1answer
109 views

How does the SuperNet NXT Multigateway Exchange work?

I'm still trying to figure out how the multigateway exchange works for nxt. i see you can put your bitcoins and other altcoins into the system and trade on top of the asset exchange using the nxt ...
1
vote
1answer
106 views

In NXT monetary system, how do you transfer the coins complete control to another account?

I purchased a few MS (monetary system) coins and i want to move it to another account completely. I want that other account to also be able to reissue this coin with new settings too. How can this be ...
1
vote
1answer
837 views

What do I change in my config to access my local NXT NRS Server/Client from another computer on my local LAN?

I just installed and unzipped the NXT server/client from: https://bitbucket.org/JeanLucPicard/nxt/downloads The run.sh file is running fine now and I can access the NRS (NXT Reference Software) via ...
2
votes
3answers
218 views

What prevented NXT from being distributed the same way bitcoins are?

As Nxt's generating accounts receive now the transaction fees of the transactions included in the block they forged, it would be possible to add some new NXT to the balance of the generating account, ...
3
votes
1answer
103 views

Why are Lighthouse campaigns limited to 684 pledges?

I'm curious to why is there a 684 transaction limit for each campaign when using the lighthouse crowd funding app. If I was wanting to raise 25 BTC for a project, the minimum that someone that would ...
0
votes
1answer
378 views

NXTcoin Startup - Error: Could not find or load main class nxt . Nxt

I setup a new VM with ubuntu 12.04 installed and installed java 8. I cloned the nxt repo and it is throwing this error: Error: Could not find or load main class nxt.Nxt What is this error and how ...
1
vote
1answer
331 views

How to reissue a currency you own in NXT Monetary System (Sidechains)?

I registered a monetary system currency on the NXT platform and made it exchangable as one of the properties. But now I want to make it reservable for a crowdfunding campaign. How do you reissue the ...
2
votes
0answers
4k views

NXT - What is the difference between an Asset and a Currency?

Reading the NXT website, it talks about an Asset Exchange and a Monetary System. First seems to be regarding assets, while the second article one is talking about currencies. Is there any difference ...
2
votes
1answer
291 views

How do you access the NXT testnet to test out new features of the system?

I downloaded the new nxt platform and want to try out the testnet system for new features. How do you get the testnet running on your local system?
1
vote
2answers
840 views

In NXT, how long do you have to wait for 1440 blocks to be mined?

I see this referenced in many places with NXT for 1440 blocks. How long is that exactly?
1
vote
1answer
52 views

What is NXT's “lessor”?

While reading NXT's API wiki page I came across something called a "lessor", but I can't find its definition anywhere. What is a lessor?
1
vote
3answers
256 views

Transparent Crypto Bitcoin 2.0 Technologies vs Anonymous Bitcoin Crypto 2.0 technologies?

I'm still doing more research on Crypto 2.0 or Bitcoin 2.0 technologies and still weighing the pros and cons of each. So far we have the following technologies that are either backed by a company or a ...
1
vote
1answer
425 views

How does OpenBazaar differ from NXT decentralized marketplace?

I'm contemplating if I should use openbazaar or the nxt marketplace. both a decentralized, but I have a few questions regarding openbazaar: What incentive does hosting a openbazaar node give? I ...
2
votes
1answer
2k views

How do I join a NXT mining forging pool? And how do I register for payouts from the pool?

I found the following pool: http://pool.nxtcrypto.org/howto.html But I'm a bit unclear on these instructions: To claim your earnings, simply send an AM (can be empty or put whatever you want in ...
3
votes
1answer
1k views

How to store 30kb file using Decentralized Blockchain Data Storage on NXT (nxtcoin) by attach messages?

I'm curious to how would one store a 30kb file on the NXT blockchain since the NXT protocol can attach a 1000byte message. My test scenario is storing a 30kb midi file on the nxt blockchain and then ...
1
vote
1answer
139 views

Where can I get a list of all the 72 initial NXT stakeholder addresses to see distribution?

Where can I find a list of all the nxt accounts that were the initial 72 seeders? I want to find out to see how many of these accounts have moved their funds and dispersed it to the public.
1
vote
1answer
1k views

How do I change the default blockchain Database download location for NXT?

I'm testing out the nxt client and was wondering how do i change the default database download location? Its currently downloading to the current folder (nxt_db).
0
votes
1answer
128 views

How fast is the NXT blockchain growing in 2014?

Is there a place that where I can find out how fast the NXT blockchian is growing? I'm curious because its this year (2014) where a bunch of nxt features came into the scene and was wondering how one ...
4
votes
1answer
653 views

Can someone explain the pitfalls of NXT Proof of Stake's potential issue of “nothing at stake”?

Many people talk about NXT Proof of Stake (PoS) being insecure due to the "nothing at stake" problem. I read up some posts about nothing at stake, but I still do not understand how it works. Can ...
1
vote
1answer
329 views

Main Differences from Counterparty vs NXT Assets Exchange (SecureAE)

What are the main differences from counterparty and NXT asset exchange? I've been testing out the nxt asset exchange using http://www.secureae.com and using counterwallet. They both seem to be solid ...
0
votes
1answer
141 views

Decentralized product inventory (instead of simple orderbook)

I am thinking of creating a decentralized market place with public bidding. AS far as I have researched all cryptocurrencies and such only offer public ledgers with simple orderbooks. The only data ...
0
votes
2answers
350 views

What's the minimum transaction with nxt?

Currently the minimum transaction on Bitcoin is 5430 Satoshi, and what about NXT?
2
votes
1answer
157 views

What is the algorithm used to sign data within Nxt?

I understand that Nxt uses Curve25519 to generate pubkeys for user accounts, however, I can't find a reference that states what which signing algorithm/process is used for transactions and blocks. (...
2
votes
1answer
5k views

How is a NXT account address generated? Why do we need to send out a transaction in NXT to secure the address?

I'm setting up an account and noticed: The recipient account is an unknown account, meaning it has never had an incoming or outgoing transaction. To submit this request you must supply the recipient ...
1
vote
1answer
110 views

How would one audit that the mgwBTC - Multigateway assets are backed by 100% Bitcoins?

I am curious of how would one audit the mgwBTC multigateway for nxt to make sure they aren't doing fractional reserve. They say its backed by 100% deposits, but how can we verify such claims? i want ...
0
votes
2answers
126 views

What are the pros/cons of the Multigateway service on NXT?

I'm doing some research on the decentralized exchange multigateway on the NXT platform. I was wondering what are the pros/cons of this service compared to centralized exchanges like cryptsy?
0
votes
1answer
53 views

In NXT, which files store the contact addressbook data?

When upgrading NXT, which files do I need to copy over that contain the NXT address book contacts? What other vital files should i copy over from the old version?
3
votes
1answer
2k views

How to generate the public Nextcoin key (NXT)?

There doesnt seem to be an API call that returns the public key for my NXT account (with which I have not sent out any coins yet). The NXT wallet does display the public key after I log in, but how ...
2
votes
1answer
179 views

What is a public NXT api i can access?

Is there a public site where you can access the nxt api? like how blockchain.info does it. all i want to do is make queries to retrieve all the messages in the nxt network to see the activity.
1
vote
1answer
694 views

Can you transfer NXT assets directly to another nxt account?

I purchased a few mgwBTC (multigateway bitcoins) and I want to be able to transfer them to my other account. Is this possible? Can someone take a snapshot of how this is done? thanks.
0
votes
1answer
140 views

How can I view all the NXT nodes that I can access publiclly?

Where can i find a list of NXT IP nodes that I can connect to publicly? I want to be able to use them as a backup connection to the nxt blockchain if my own nxt server crashes.
1
vote
2answers
192 views

What is the maximum character length when sending a NXT message?

I'm looking to see whats the limit of characters a nxt message can contain.
4
votes
1answer
254 views

How does NXT prevent blockchain bloat since it does so many different things with its blockchain?

How does NXT prevent blockchain bloat since it has a built in message system and other features? Wouldn't the NXT blockchain grow to be really big in the future and pose a problem for people storing ...
6
votes
4answers
5k views

Ethereum vs NXT Comparison Chart?

Where can I find a comparison chart between these crypto 2.0 currencies like NXT and ethereum? What are some of the major advantages of each of these coins in relation to one another?
2
votes
1answer
1k views

How does forging work?

I am looking for a technical answer that explains how are validated the forged block. I already looked in the NXT wiki and in their white paper and found no detailed explanation.
4
votes
2answers
339 views

PPC (peercoin) obsoleted by NXT?

PeerCoin has a Proof-of-Stake concept (and a small portion of Proof-of-Work), to secure the network. NXT is using only POS, which makes it even more energy efficient. Will NXT render PPC (PeerCoin) ...
2
votes
1answer
151 views

NXT single address per user vs bitcoin single address per transaction

In bitcoin, the anonymity is ensured by creating a new address for each transaction and by associating this address with a wallet. As far as I understand, with NXT, you use your account (calculated by ...
0
votes
2answers
257 views

Manage / run commands in a NXT (nxtcoin) client/server via the command line in Linux?

I have nxt (nxtcoin) server installed, but since its built completely different from Bitcoin and uses Java. How do you use the command line to control a NXT client to send, generate addresses, etc? I ...
3
votes
1answer
477 views

What is a hallmark node in NXT (nxtcoin)?

What is the purpose of a hallmark node for NXT?
4
votes
1answer
164 views

What are some of the pitfalls of a 100% proof of stake currency (pos) like NXT?

Bitcoin has the vulnerability of a 51% attack for a proof of work currency, but what pitfalls does a 100% proof of stake (pos) currency have like NXTcoin?
0
votes
1answer
617 views

Where can i find instructions on how to install a NXT wallet app on my Ubuntu server so I can access it via the web?

I want to install a NXT wallet client/server on my ubuntu server so i can access it from my website. Where can i find instructions for this? And is there a way to change the port # for nxt? currently ...
0
votes
1answer
403 views

Which is the official site to download the NXT (nxtcoin) wallet app?

Where is the official site to download the NXT wallet app?
1
vote
3answers
349 views

How would the OpenBazaar or NXT decentralized marketplace / eBay / Craigslist work?

Since NXT and OpenBazaar are building a decentralized marketplace, how would this work since there is no middle party to mediate if an issue arises? What are some proposed solutions to a ...
3
votes
1answer
420 views

What are some counter arguments for NXT (nxtcoin) “premine” or initial distribution setup? [closed]

Whenever someone brings up NXT (nxtcoin) as a topic, many people's first reaction is the initial distribution of how nxt was setup. Many consider this a "premine" event and see it as a potential ...
1
vote
1answer
139 views

How can my NXT client/server send to multiple addresses paying one 1 transaction fee?

I know bitcoind lets you have multiple outputs (sending to multiple address) via the command line. Does NXT support this feature? I want to create a faucet application where I can send to multiple ...
1
vote
2answers
348 views

NXT uses transparent forging to detect who will solve the blocks. How can DDOS be prevented?

Since NXT does transparent forging and it select a node to be the main one to solve blocks. How does it prevent a DDOS attack? And if a ddos was sucessful on the node during forging, what happens then?...
2
votes
1answer
4k views

What is the block / confirmation time for NXT coin?

what is the block time to get my transaction confirmation? Do i still have to wait 10+ minutes to make sure a double spend didnt happen?