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8 votes
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What is Ardor and how is it different from NXT 1.x?

From what I read Ardor claims to have every capability that NXT 1.x had but also: Adds new features "The platform offers a Decentralized Asset Exchange. Ardor will enable the trading and interaction ...
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6 votes
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How do I join a NXT mining forging pool? And how do I register for payouts from the pool?

I was confused by this as well, but I figured it out through trial and error. AM means arbitrary message (they should have explained this), which is a regular message you send to the forging pool ...
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  • 76
5 votes
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Is it possible to have complete cold storage in NXT?

I don't know if this is the recommended way, but I did this by using the Send Nxt API call on an offline computer, storing the transaction bytes, and broadcasting the transaction from an online ...
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  • 66
5 votes
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How does forging work?

Below is an explanation how forging works at the current moment, in the future this will be slightly changed. Every block has two fields - BlockSignature and GenerationSignature. The former is ...
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5 votes
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How does NXT prevent blockchain bloat since it does so many different things with its blockchain?

A special feature called Blockchain Shrinking is supposed to solve this problem. Every year (or month) a new genesis block ("rolling genesis block") will be generated by every node. This block will ...
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5 votes

How to generate the public Nextcoin key (NXT)?

There is now a getAccountPublicKey API request. But as you indicated, the public key is shown prominently in the NXT reference client (NRS version 1.3.2 currently) when an account is first opened with ...
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  • 291
5 votes
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Can someone explain the pitfalls of NXT Proof of Stake's potential issue of "nothing at stake"?

Essentially, PoS' nothing at stake problem is that you don't lose anything by mining. In Bitcoin, you lose the money you spent on energy to power your miners. Thus, in bitcoin mining you want to make ...
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  • 13.7k
5 votes
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How do I join the NXT 2.0 (Ardor) distribution if it isn't an ICO? And how does it affect NXT 1.0 holders?

The Ardor launch will happen in 2017, but the distribution of the main ARDR tokens will be based on the Nxt 1.0 balances. And yes, as far as I know it is the first scalable blockchain platform using ...
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  • 66
5 votes
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NXT, Ignis, and Ardor Confusion. Purpose of NXT when there is Ignis / Ardor?

If NXT is switching to Ardor, what is the purpose of holding NXT? Nxt isn't switching to Ardor. It will still exist after Ardor launches. The purpose of holding NXT with this in mind is if you need ...
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  • 281
5 votes
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Problem of colored-coins/assets and other coins with a parent/child relationship of paying for fees with only the parent currency

It's definitely a common problem found in a lot of those platforms that make it easy to create your own colored coin/token. Asking users to acquire the native token, such as Bitcoin with Counterparty ...
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  • 281
4 votes

Are NXT messages stored on the blockchain and are they encrypted or publicly viewable?

Yes they are stored in the blockchain. They are limited to 1000 characters. They do not have encryption built in, but encryption can be built on top. You can view the last 300 messages here. You can ...
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  • 346
4 votes
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What are some counter arguments for NXT (nxtcoin) "premine" or initial distribution setup?

Arguments of Nxt creator are written here - https://nxtforum.org/initial-distribution/initial-distribution-of-100-pos-currencies/: Initial distribution of the coins and the forging schedule are ...
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4 votes
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Ethereum vs NXT Comparison Chart?

I have composed one of the more comprehensive comparison charts of the various Crypto 2.0 platforms over at http://tiny.cc/Crypto (or a more direct link). It currently has pretty comprehensive ...
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  • 42.7k
4 votes

Why are Lighthouse campaigns limited to 684 pledges?

Lighthouse's Frequently Asked Questions (FAQ) says: Currently you cannot accept more than 684 pledges for your project. This is due to limitations in the Bitcoin protocol - the final contract that ...
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4 votes
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How can you tell if a Ardor / NXT public node is an archival node?

There are a few ways to do this, but I'll describe the most straight forward one. Find an archival node from http://www.peerexplorer.com/api_openapi_archival. If you pick any one of the ip addresses ...
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  • 156
3 votes

NXT single address per user vs bitcoin single address per transaction

It's not hard to use Bitcoin approach in client software. NRS (Nxt Reference Software) doesn't support this because anonymity is not ensured this way, it only creates a delusion of anonymity (http://...
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3 votes

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

One can verify legitimacy of a Bitcoin branch simply by checking proof-of-work of the block headers. In Nxt it's necessary to know who the owner of the coins, so the whole blockchain data must be ...
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3 votes
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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?

Make sure Java 7 is installed on your Ubuntu Server sudo apt-get update && sudo apt-get install openjdk-7-jre nano zip Download the latest NRS release and verify the hash sum, example: wget ...
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  • 46
3 votes
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NXT uses transparent forging to detect who will solve the blocks. How can DDOS be prevented?

Transparent Forging tells where to send transactions to but it doesn't force to use the same node for generation of blocks. In the worst case the next block will be empty. Empty blocks still secure ...
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3 votes

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

I am a developer for NXT and am currently programming an automated defense system for the network, aside from this if a forger is DDOS'd my understanding is that the network will skip to the next node ...
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  • 72
3 votes

Ethereum vs NXT Comparison Chart?

Here's a really good source on the difference between etherium and NXT [1] and here's more between mastercoin and etherium [2] Hope this helps! [1] http://prisonorfreedom.com/what-is-the-difference-...
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3 votes
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How can I view all the NXT nodes that I can access publiclly?

See http://www.peerexplorer.com/api for a list of active peers including their public API status
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  • 1,495
3 votes
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What is a public NXT api i can access?

Start your own node and access the page http://localhost:7876/test for a list of public APIs. You can also find some public peers which enable API access. Take a look at peerexplorer.com for an up to ...
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  • 1,495
3 votes

Decentralized product inventory (instead of simple orderbook)

I think Ethereum is ideal for this. As you say, it's not ready for prime time yet. But I think it offers the most flexible toolkit for managing orders in a truly decentralized way. You can create and ...
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  • 264
3 votes
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How do I change the default blockchain Database download location for NXT?

From nxtforum.org "Move blockchain location" at http://nxtforum.org/nrs-client-how-to-help/move-blockchain-location/ look in /conf/nxt-default.properties. In the #### DATABASE #### section, ...
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3 votes
Accepted

Can leased out nxt coins still be used or do you have to wait for it to expire?

According to https://nxtwiki.org/wiki/Account_Leasing: Your balance never leaves your account Your funds are still on your account after you lease them. They are still available for use: ...
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  • 1,034
3 votes
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Send an email when there is activity on a NXT / Ardor account address in php?

you can write up a PHP script to grab all the transactions within a set timeframe of the account. Save them in a file. schedule a cron job to run the PHP every few minute, when it runs, compare the ...
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  • 303
3 votes
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How to make PoS system work?

If you want a system with centralized trust, I suppose you could do a 100% pre-mine, and have some checkpoints to 'lock' this, and have all nodes verify against the checkpoint coming from a trusted ...
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  • 401
3 votes
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How to setup https ssl letsencrypt for NXT / Ardor public nodes?

As stated here: https://nxtforum.org/public-nodes-vpss/method-to-configure-https-for-nxt-public-nodes/ Requirements 1) A Linux server running Nxt, and configured for public API access. This should ...
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3 votes

NXT Private blockchain changing the block generation time

Yes, the block time can be changed, but not very easy. There are two ways to do it: Change the timestamp resolution to be 1/6th of the second. The drawback is that you will run out of int values 6 ...
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