NXT :: descendant of Bitcoin - Updated Information

[pinarello]

Or UnderDoge 

how about

snoopdogiedoge, with some luck you get suid by snoop himself

[msin]

I may be the only one, but I think going after Doge with BullDoge is weak.  We don't need to be spending our energy focused on Doge.  Doge is awesome, they are our friend, we need to focus on developing advanced features to further adoption of Nxt.  As a pure marketing campaign, I do like the idea of a coin built on top of Nxt with Memes of course, the key to humor is to make fun of yourself, not someone else.  

[igmaca]

Quote from: igmaca on Today at 05:21:14 PM
Analysis & quotes

Interesting thoughts. Without trying to agree or disagree with your views, i would like to point out
another quite interesting view of the economic game.

The value of any asset chosen as "money"(be it fiat, crypto, tree leaf or shiny mirror) comes not from
production costs, or scarcity of said asset,
but from the trust that its users put to it, and use it as a form of "money".

Gold has been of use, as a shiny stone.
It is believed to be scarce(because we have automated factories building cars and nuclear subs, but we still use manpower in the largest mines in the world o dig for gold & other precious minerals)

Its scarcity and production costs are fake manipulated bubbles, created by the marketmaker.
Its high value would crash if people stopped using it, trusting it as a medium to store value.
It has no other value. Same goes for every fiat that was backed by gold.

Today, fiat is also "air money". Central Banks everywhere create money with 0 cost, and sell it to commercial banks, and they lend it to us(with huge interest on it)

When the average Joe realises that he can put more trust on his PC as a medium to produce wealth, than he puts on banks & banksters, the fiat system will collapse.

the gold market can be seen as the market in works of art.

I see it is that I can always get better crypto currency and gold can be a good way to reflect the value of the new currency.

for me all assets should be valued in terms of gold. is the reference I've always been more real.

one of the biggest mistakes is to reference the gold vs dollar (or fiat currency) should always be backwards fiat currency vs gold


by the way gold is going up!
rather fiat is going down!

[Jean-Luc]

Code:

[2014-02-12 22:46:03.661] DEBUG: Blacklisting vps1.nxtcrypto.org because of: Invalid timestamp: 6925580 current time is 6925564, previous block timestamp is 6925570

Hey, who is the owner? You node run too fast!

results of 'date -u' on that server is dead on to just 2 secs of UTC.

Hmmm... So, problem is on my site? I constantly see warinig about vps's on nxtcrypto.org, no other nodes.

The block probably came from yet another node, and it was acceptable by vps1.nxtcrypto.org based on their time differences, but by the time it came to you, and accounting for your time difference from the original node that sent it, it was not acceptable to your node. I will stop blacklisting nodes based on timestamp errors only (but the block will still not be accepted).

[Come-from-Beyond]

Scripts will be slower and larger anyway.

Maybe, what do u suggest?

[Come-from-Beyond]

ROFL and can't stop!

[wesleyh]

Doesn't look as if actual buying of assets show up in transactions? Only the bid order placement? You can't see how many nxt you spent when you receive the asset? Or am I missing something.

[Voluntold]

I may be the only one, but I think going after Doge with BullDoge is weak.  We don't need to be spending our energy focused on Doge.  Doge is awesome, they are our friend, we need to focus on developing advanced features to further adoption of Nxt.  As a pure marketing campaign, I do like the idea of a coin built on top of Nxt with Memes of course, the key to humor is to make fun of yourself, not someone else.  

Agreed. BullDoge is kinda funny, but I think it would be more affective and funny to just take already existing popular memes and make them into "coins" built onto Nxt. Just spend some time on memebase and familiarize yourself with the most funny/popular memes. Trying to, more or less, directly copy the success of an already popular coin just seems like a kinda weak/lazy attempt to me. Don't get me wrong, it IS funny, but I just suspect a lot of the Dogecoin community would probably consider it a weak attempt to directly leach off their success.

[Come-from-Beyond]

Doesn't look as if actual buying of assets show up in transactions? Only the bid order placement? You can't see how many nxt you spent when you receive the asset? Or am I missing something.

Right. There r no "trade" transactions. Only order matching triggered after every order placement. Both ASK and BID may lead to a trade.

[iruu]

Why are you reluctant about stacks?

Direct memory access is simplier.

Stack is direct memory access. A push instruction is just sub + mov. It's available in practically all architectures because it makes code smaller and faster. With your current instructions a push instruction needs four instructions. This is going to bloat the blockchain significantly and slow execution by an order of magnitude.

Code:

t, t1, SP - memory
t1 = 8
SP = SP - t1
t = [SP]
t = value

vs

Code:

push value

For calling functions there should be a special opcode

Code:

call function, numerofarguments, argument1, argument2, ...

What is scarce is space for scripts, not number of opcodes.

[Come-from-Beyond]

Why are you reluctant about stacks?

Direct memory access is simplier.

Stack is direct memory access. A push instruction is just sub + mov. It's available in practically all architectures because it makes code smaller and faster. With your current instructions a push instruction needs four instructions. This is going to bloat the blockchain significantly and slow execution by an order of magnitude.

Code:

t, t1, SP - memory
t1 = 8
[SP] = [SP] - [t1]
t = [SP]
[t] = value

vs

Code:

push value

For calling functions there should be a special opcode

Code:

call function, numerofarguments, argument1, argument2, ...

What is scarce is space for scripts, not number of opcodes.

Ok, so what opcodes would u add to my set?

[Come-from-Beyond]

Question about asset exchange:

I'm using Clienxt software (clienxt_005).

I issued an asset with a quantity of 1,000, and now I see that my account balance has decrease from 10,000 to 9,000.

Is there a 1:1 conversion between "NXT" and "MyNewCoin"?

(Or this client create a new asset with the specified quantity and set the same quantity as a fee.)  

It's just 1000 NXT transaction fee.

[BitcoinForumator]

Make the BullDoge because i'm an impotent virgin (zero programming experience)

[marcus03]

Do we have a client configured for testnet that I could specify the new asset quantity and the fees separately?

1000 NXT is the minumum fee for issuing an asset.

[Coinonaer]

Hi Gang,

please send my some Test-Nxt for the Asset Exchange:
11843877519810994380

Thank you all! 

[farl4web]

forget stupid nxt memes and doge copycats and concentrate on this.

btc has technical troubles due to its transaction malleability issues.

this is the time to strike with nxt promotion

(hoping that it is solid  )

+1 start our promotion and swarm actions!

[rriky92]

How can I forge without unlocking my wallet?

http://localhost:7874/nxt?requestType=startForging&secretPhrase=PASSPHRASE

Do we need this command everytime we start NRS, or forging is started automatically with the start of NRS?

i think every time you start the client (not the GUI version but the java one) you have to run this command, so after a reboot or similar... but i'm not sure maybe Jean-Luc or CfB can answer better than me

[wesleyh]

@CFB - one can buy with nxt cents, but can you also enter an amount such as 1.3 silver or is that restricted to round numbers?

[Come-from-Beyond]

@CFB - one can buy with nxt cents, but can you also enter an amount such as 1.3 silver or is that restricted to round numbers?

Only whole numbers allowed for qty.

[ChuckOne]

Scripts will be slower and larger anyway.

Maybe, what do u suggest?

Well, I believe that most people will use a high-level language to scipt their programs.

I don't even know a high-level language without a concept that resembles functions and function calls. That does not necessarily mean anything because I will always know a limit amount of them.

But, under this assumption, they will implement a stack anyway because they simply have to. Why not making it easier for compilers to provide such stack functionality?

In case of an VM: most high-level languages in which such a VM could be written have libraries for data-structures like stacks and queues.

In the case somebody wants to write a JIT (compile the script down to the actual machine): most modern processors provide a concept such as a stack pointer which would make such compiler easier, too.

Are there some flaws or disadvantages when defining a stack on this low level?