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Messages - sparta_cuss

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Nxt General Discussion / Re: Diaspora - a field for NXT?
« on: December 31, 2015, 05:34:49 am »
Synereo has an interesting "attention economy" model for a decentralized social network that you might find interesting. No connection to NXT.

Nxt Community News and Announcements / Re: IOTA - JINN
« on: December 31, 2015, 05:29:46 am »
When does the pre-sale close?

It has already closed.

See https://bitcointalk.org/index.php?topic=1216479.0 for updates on development. Also note that one member of the community has issued an asset which s/he says provides a claim on IOTA tokens once they are available for trading (https://nxtforum.org/alternate-cryptocurrencies/iota/msg204686/#msg204686).

[I am not endorsing any of the above. Just trying to provide information you might be interested in. I bought in the presale and will wait for trading on an exchange to buy more.]

Nxt Community News and Announcements / Re: [ANN] Jinn
« on: July 11, 2015, 05:32:24 am »
Really!? You're like children on a car ride.

"Are we there yet?"
"Are we there yet?"
"Are we there yet?"

Find some way to amuse yourselves so you don't bother the grown-ups.

Nxt Client Helpdesk / Re: How to install nxt client
« on: June 13, 2015, 02:46:48 am »
I have not downloaded the blockchain from PeerExplorer.com in awhile, but now it looks like there is no link for Mac OSX users. There used to be. I see that there is a Dropbox download option, but I would prefer not to use Dropbox. Is the OSX option for downloading the blockchain no longer available?

Never mind. Installed Dropbox and got the db from there.

Nxt General Discussion / Re: Price speculation
« on: March 13, 2015, 11:08:01 pm »
A trojan steals wallet.dat of 80 cryptocurrencies - http://habrahabr.ru/company/group-ib/blog/252963/ (only Russian).

Brainwallets unaffected.

If it steals "only Russian" cryptocurrencies, I think I'm fine. Unless... Who makes Nxt?

Can I suggest some variant on the word "cypher"? Cypher means, "a secret or disguised way of writing."

There are already a number of companies and individuals with variants of cypher, and I'm sure there's s messaging app by that name.

But there are some options:

psipher  This one is particularly interesting, since psi means, "supposed parapsychological or psychic faculties or phenomena"

No matter how you spell it, it's easy to say and sounds cool.

Nxt General Discussion / Re: Price speculation
« on: February 28, 2015, 07:51:52 pm »

They identified James (jl777) by name, "James Lee." This is the first time I've seen his full name. Is he coming out of the shadows, or is this a slip-up by cointelegraph.com?

Nxt General Discussion / Re: Price speculation
« on: February 26, 2015, 12:04:04 am »
Looking for a joke in English. As short (char-wise including spaces) as possible. The shortest I got so far is:
What does DNA stand for? National Dyslexia Association.

Atheism is a non-prophet organization

Here's one:

How do you keep a fool in suspense?

I'll try:





Thank You for your answer;

I set it like that...and hit 2 blocks of 10 units....marked in the NXT minting window..

however I got payed 0 + 1 (red)...1 NXT was removed from me/transaction

and the twice 10...I never got them...

why is that ?

similar transaction can be found there:


i'm just not autorised to post links...or h t t p s

in the bottom table is marked as type : Monetary System Currency Minting but the amount is 0 and fee is 1

Is this you?

In your NRS Dashboard, what number is in the Currencies box?

forging and minting are two different things.

forging is protecting the nxt network and may win the protection fee with your forge account. you can't profit here.

you need 1440 confirms before you can forge.

minting is exactly just mining MSCOINS inside of nxt.
you need 1 confirms to mint. and you can choose types of coins to mint/mine. each successful mint will cost 1nxt.

ok i don't quite understand all this..

which one is like BTC mining ? forging or minting and how to do both ?

and why when I minted a currency It cost me 1 nxt ?

when I'm doing this :

11:54:03 FINE MintWorker.run: Worker 1: 15,786.81 MHash, 4.0479 MHash/s
11:55:03 FINE MintWorker.run: Worker 1: 16,030.44 MHash, 4.0481 MHash/s
11:55:03 FINE MintWorker.run: Worker 0: 36,721.65 MHash, 9.2731 MHash/s

am I minting or forging ?

and look at this transaction ?? isn't this minting / minnig ?


Right now, based on the MintWorker.run lines that you shared, you are minting. That is, you are "mining" a PoW coin like Bitcoin from "within" the Nxt network.

Minting costs you Nxt, but only indirectly. You need to pay 1 NXT per transaction. If you set


then you are creating one transaction for each unit of the currency that you mint. However if you set


then you are creating one transaction for every 10 units of the currency that you mint. It is suggested that you set


at the beginning so that you can see how efficient your computer is at minting. Adjust later.

Forging is something that you do to secure the network (as a good community member), and you set forging from the NRS (the client). Forging and minting are independent operations and will not interfere with or help one another. In a POS system like Nxt, forging does not generate new units of the currency, since they were all created by the genesis block. Instead, forging entitles the forger to collect the transactions fees from other users of the network on a per-block basis. Forging will not generate a lot of Nxt as income unless you are forging with an account of several hundred thousand NXT. Even then, it's no way to get rich.

Nxt Monetary System / Re: MS Coins Minting Guide (powered by ELEMS team)
« on: January 25, 2015, 06:25:37 am »
My passphrase is generating a different account.
(I am on Mac OSX, and I used TextEdit.)
Are there issues with TextEdit or are there password characters that are not allowed/recognized? My passphrase consists of upper and lowercase letters, numbers, and special characters from a standard English-language keyboard. No spaces.

Nxt General Discussion / Re: what real problem NXT want to mainly solve?
« on: January 24, 2015, 11:16:37 pm »

That is very true.  I think a lot of people will use NXT as a currency to pay for goods because it is a good "store of value", but I also think that because NXT allows people to pay in different currencies that it makes it even more valuable.  Forcing all users of the platform to transact in NXT only alienates those who want or need to pay in another form.  Some individuals will need to transact via a social credit system because they lack wealth besides their own labor.  These individuals should not be excluded from NXT and the decentralized economic movement.

Agreed. I think there are lots of good uses for MScoins, and useful MScoins will help Nxt, I just dislike the concept that Nxt shouldn't be used as a transactional currency because MScoins will completely take that role.

Luckily, just because it was a plan does not mean it will happen :)

I think sometimes "plans" get "lost in translation".  Other times, I think "plans" are "community tests".   ;)

BCNext left it up to the community to decide the fate of NXT.  I think he would be upset if everyone followed his "plans" exactly to the letter without thinking for themselves.  That's not very decentralized.  Is it possible that he formulated his "plans" in such a manner that if the community followed them without thinking for themselves it would lead to their destruction?

Yes, I think so. Maybe some of those particular plans are like the traps put into the code to prevent successful cloning: If you're not thinking for yourself how this thing works and how to apply it, you'll get burned.

Nxt General Discussion / Re: Price speculation
« on: January 20, 2015, 12:44:17 am »
Demurrage discourages saving (or what some people refer to as "hoarding.") Does this make it more difficult for the poor person to save for expensive items, or to have some savings in case of emergency? If I can't buy a car right now, for example, I would rather save the money in my own account than to try to buy the car on credit and pay interest to someone else.

On the other hand, if a currency encourages saving, then it tends to discourage dangerous credit overreach and consumerism, don't you think?

Nxt General Discussion / Re: Price speculation
« on: January 17, 2015, 01:55:46 pm »
For fun and some genuine analysis of Bitshares, try Preston Byrne. Before there was talk of pegging to t. rex, there was:



ORA / Re: [ANN] ORA :: NXT 'monetary system' currency
« on: January 13, 2015, 04:09:28 am »
This is a good first shot at setting up the appropriate distribution ratios. Thankyou, Darkhorse. The following sets of questions are not criticisms. They are just questions that occur to me as we think about the breakdown that you have proposed.

One thing that ORA did very well was to get an equitable distribution. I remember all the work that went into that effort, and I think we all appreciate the integrity of the process. I am wondering if the same integrity can be brought to the process by which altcoin holders will burn their coins for XOR. How do we even begin to define the XOR exchange rates among the variety of altcoins? How do we ensure that a call out to altcoin holders reaches enough people such that we can still say that the final distribution was fair? Maybe for the burners, fairness isn't even relevant; I don't know.

A separate set of questions:
I see that you have allocated more than half of the total amount of XOR to altcoin holders (as a maximum). These would be some people who are already original stakeholders, but also many of the altcoin "refugees" who might be grateful for a second chance. Please share your thinking here about why more than half of XOR should go to altcoin refugees, as I am calling them. (I am not criticizing you at all. I don't know what the right ratio of altcoin burners to original holders and developers ought to be. I am just wondering how you arrived at the 559 million.)

ORA / Re: [ANN] ORA :: NXT 'monetary system' currency
« on: January 11, 2015, 11:09:11 pm »
I appreciate the points made by Jack Needles. I have also purchased additional ORA on the AE on the assumption that the distribution would not change.

I recognize the desire to entice the holders of dead alts to jump into the ORA boat, but I don't think you need to offer very much to do that. As long as ORA has value, people will be happy to exchange their worthless coins for even a tiny stake in ORA. They will regard ORA as a lifeboat. It's not necessary that all the newcomers get a great big, comfortable seat on that boat as long as they are out of the water. Different metaphor: think of ORA as the place where refugees from the altcoin wars go.

Jinn / Re: City in the sky
« on: January 11, 2015, 06:27:42 pm »
I ran across this academic paper and thought it might inspire some ideas for the city in the sky.

"Abstract— This paper addresses the self-assembly of a large
team of autonomous boats into floating platforms. We describe
the design of individual boats, the systems concept, the algorithms,
the software architecture and experimental results
with prototypes that are 1:12 scale realizations of modified
ISO shipping containers, with the goal of demonstrating selfassembly
into large maritime structures such as air strips,
bridges, harbors or sea bases. Each container is a robotic
module capable of holonomic motion that can dock in a
brick pattern to form arbitrary shapes. Over 60 modules
were built of varying capability. The docking mechanism is
designed to be robust to large disturbances that can be expected
in the high seas. The docking mechanism also incorporates
adjustable stiffness so that the conglomerate can comply to
waves representative of sea state three, and have the ability to
dynamically stiffen as required. The component modules for
autonomous assembly, docking and simultaneous collision-free
planning as well as the software architecture are presented
along with the description of experimental verification."

Full article: http://www.seas.upenn.edu/~juse/dtemp_full.pdf

Nxt General Discussion / Re: Price speculation
« on: January 10, 2015, 09:40:14 pm »
Favorite currency names thus far? I have no idea how these might be used, but I like:


Automated Transactions / Re: Information of the AT project
« on: January 07, 2015, 04:55:08 pm »
Got my dividend. Thank you!

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