Nxt Forum

Please login or register.

Login with username, password and session length
Advanced search  

News:

Latest Nxt Client 1.11.2 - Announcement for Ardor (Nxt 2.0) is here. Ardor Tokens have been released!

Pages: [1] 2 3 ... 10
 1 
 on: Today at 08:02:23 pm 
Started by Damelon - Last post by blackyblack1
Does this mean we won't be getting low fees on child chains?
Fees can be zero if there is a bundler willing to sponsor the childchain. Fees for the bundler on Ardor will be minimum 1 ARDR, if I have understood it correctly.
Another option when fees can be zero is when forger is a bundler. Forger should decline all external bundlers and bundle all childchain transactions when he is ready to forge a block.

 2 
 on: Today at 07:23:04 pm 
Started by jungleonion - Last post by EvilDave
Start up your Nxt server, wait about 15 minutes, then copy the log and post it here.
That should give enough information to figure out where your problem lies: connectivity issue or your Nxt client/PC.

 3 
 on: Today at 07:07:36 pm 
Started by Damelon - Last post by gh
Does this mean we won't be getting low fees on child chains?
Fees can be zero if there is a bundler willing to sponsor the childchain. Fees for the bundler on Ardor will be minimum 1 ARDR, if I have understood it correctly.

 4 
 on: Today at 06:31:00 pm 
Started by kodtycoon - Last post by box1413
whos in charge of reddit? https://www.reddit.com/r/NXT/ - alot of spam lately. pm me if u want me to help me out on moderation.

 5 
 on: Today at 05:59:58 pm 
Started by bgcaffe - Last post by SamIbandii
Are there really no new investment opportunities in BGCAFFE?

 6 
 on: Today at 05:32:31 pm 
Started by Damelon - Last post by Brangdon
Account creation is the same as in Nxt.  You do not need to provide the public key.  Even in Nxt, accounts are not permanent in that they will eventually be removed if they have no balances (the public key is retained however).  Accounts are global so you can create an account by sending a transaction on any chain.
So I can create an account by sending 0.0001 IGNIS and it'll cost the same as sending to an existing account? Does this mean we won't be getting low fees on child chains?

 7 
 on: Today at 04:56:41 pm 
Started by Damelon - Last post by ScripterRon
Can you say anything about fee structure, spam, and account creation? It seems to me that pure child chain transactions, such as if I send IGNIS to you, should be able to have relatively low fees, because they can be entirely pruned. Where-as a transaction that creates a new account should have relatively high fees, because that account will take up storage forever. What happens if I send IGNIS to an account that doesn't exist yet? Does the account get created and I have to pay a high fee? Does the first transaction to an account have to include a public key attachment?
The child chain fees are determined by the bundlers for that chain.  For example, an IGNIS bundler could accept transactions with a fee rate of 0.01 IGNIS.  That means a transaction which costs 1 ARDR will cost 0.01 IGNIS.  So a transaction costing 40 ARDR would cost you 0.4 IGNIS and the bundler would pay 40 ARDR.  Obviously, the bundler wants to also be a forger or have some way to recover the 40 ARDR cost.

Account creation is the same as in Nxt.  You do not need to provide the public key.  Even in Nxt, accounts are not permanent in that they will eventually be removed if they have no balances (the public key is retained however).  Accounts are global so you can create an account by sending a transaction on any chain.

 8 
 on: Today at 03:51:04 pm 
Started by ifinta - Last post by ifinta
Any opinion?
Feel free to use it :)


 9 
 on: Today at 11:38:15 am 
Started by landomata - Last post by bitcoinpaul
hey lando, can I sell my nxttyacci coins (monetary system) to u pls?

 10 
 on: Today at 11:32:23 am 
Started by Damelon - Last post by Brangdon
Can you say anything about fee structure, spam, and account creation? It seems to me that pure child chain transactions, such as if I send IGNIS to you, should be able to have relatively low fees, because they can be entirely pruned. Where-as a transaction that creates a new account should have relatively high fees, because that account will take up storage forever. What happens if I send IGNIS to an account that doesn't exist yet? Does the account get created and I have to pay a high fee? Does the first transaction to an account have to include a public key attachment?

Pages: [1] 2 3 ... 10