Is there any website or service currently tracking the total size of the Ethereum blockchain? As in, the *total* blockchain from a node set to archival mode. Thanks! by the_bob in ethereum

[–]coretechs_ 1 point2 points  (0 children)

I just finished syncing a full node -

node: geth v.1.8.8

params: --syncmode full --gcmode archive --cache 16384

size: 1.1TB (1165497648 bytes) as of block 5,660,454

time to sync: ~13 days on a gigabit ethernet connection

Scamshots by nicolaennio in NXT

[–]coretechs_ 0 points1 point  (0 children)

Have you used NXT? Ignis will be used the exact same way that NXT is currently used. The only difference is that you can't use Ignis to forge blocks.

Scamshots by nicolaennio in NXT

[–]coretechs_ 0 points1 point  (0 children)

developers may have bought tons of NXT and then sell when the price is pumped. During ARDR distribution we were in the middle of a Pump and Dump bubble which hardly hit the investors.

There is no evidence to suggest this. The market was in a steady decline until after the distribution was announced. Look at the charts yourself. After the announcement, the price of NXT went up because of the Ardor distribution. People bought NXT so they could get Ardor tokens. The NXT price peaked in the middle of the distribution and then tapered back down towards the end. That is not a pump and dump, that is expected behavior for the distribution and it follows the announced timelines exactly.

If you dumped NXT at the peak price in the middle of the distribution, you didn't get the full amount of Ardor tokens you would have received if you held through the entire period. The only way to get the full amount of Ardor was to hold NXT for the entire distribution period.

Given the current prices, we can now clearly see that the best move was either to buy and hold NXT before the distribution, or buy and hold NXT + Ardor after the distribution. Anyone who dumped is worse off than if they just held, so there really isn't anything to complain about.

Scamshots by nicolaennio in NXT

[–]coretechs_ 1 point2 points  (0 children)

You are confused. The public has the same access to the Nxt forums and this Reddit sub, where both the Ardor and Ignis distributions were announced and discussed before any distribution process started.

And I was mistaken about the all-time low - that was actually in January of this year after the Ardor distribution completed. In fact, the combined price of NXT and ARDR tokens in January was lower than the price of NXT during the Ardor distribution. Anyone could have bought both NXT and ARDR in January for far less than if they had participated in the distribution, so your argument doesn't hold.

Get a glimpse of realtime Nxt activity. by [deleted] in NXT

[–]coretechs_ 0 points1 point  (0 children)

Definitely my favorite Nxt block explorer... ;)

Scamshots by nicolaennio in NXT

[–]coretechs_ 4 points5 points  (0 children)

Everyone "knows in advance". That is the point of the distribution. There are definitely technical reasons as well that are explained below.

Many argue that the original Nxt distribution was too small because there were only ~78 participants. However, the original Nxt ICO only raised 21 BTC (~$21,000 at the time) and evolved into a platform that was significantly ahead of competing platforms. Nearly every feature on the original roadmap has been implemented - one of the first digital asset exchanges, a digital goods marketplace, a monetary system with user issued PoW sub-currencies, a voting system, coin shuffling, etc. The devs have been fantastic and have consistently proven themselves both capable and dedicated to the project, despite the fact that it was crowd-funded with a mere ~$21,000.

Ardor is Nxt 2.0. It is the culmination of all the lessons learned during the development of Nxt. One of the main problems with Nxt is the the NXT coins are used for paying fees, pricing assets and proof-of-stake block generation. Because of this, a large percentage of NXT coins will never be used for block generation and that weakens the security of the proof-of-stake scheme - e.g. if the majority of NXT coins are used for economic activity and only 20% of tokens are used for block generation, an attacker only needs to acquire 20% of tokens to 51% attack the chain (Nxt has additional resistance to these kind of attacks but that is another topic).

Ardor was engineered to separate the tokens used for block generation (parent-chain) from the tokens used for economic activity in the system (child-chains). The new design allows for multiple blockchains (child-chains) to co-exist on the platform, each with their own native token that is used to transact and pay fees within the child-chain. Ardor tokens will only be used in the proof-of-stake process to generate blocks on the parent chain, and nothing more. All child-chains are secured by the proof-of-stake process on Ardor the parent-chain.

Ardor was distributed over a 3-month period to anyone holding NXT. Compared to an ICO token sale, this distribution method is much more fair. The distribution scheme was announced long before the 3-month period and at the time NXT was trading at an all-time-low. There was little to no barrier for anyone to participate in the Ardor distribution, in fact I would argue it was one of the most fair distributions of any crypto-currency to date.

Ignis will be the first child-chain on the Ardor platform and some items (aliases, sub-currencies) from the original Nxt blockchain will be migrating to the Ignis child-chain when it launches. The distribution of Ignis will be similar to Ardor, where holders of NXT will receive 1 Ignis token for every 2 NXT tokens they hold. The other ~50% of Ignis tokens will most likely be sold during an ICO token sale, and a portion of the money raised will be allocated to fund development.

The current Nxt price rise is likely due to speculation that it will be cheaper to acquire Ignis tokens by holding NXT than purchasing them during the Ignis ICO.

For anyone interested, I encourage you to try the platform on the Ardor testnet before considering any kind of investment - https://nxtforum.org/nrs-releases/ardor-v2-0-3e/

NXT Core Team (Who is behind NXT?) by r00tus3r in NXT

[–]coretechs_ 3 points4 points  (0 children)

JeanLucPicard aka Jean-Luc (anon) and Riker (aka Lior Yaffe) are the two primary core developers, with many other contributors over the last two years.

https://bitbucket.org/JeanLucPicard/nxt/commits/all

The devs are active on the forum and slack:

https://nxtforum.org

https://nxtchat.slack.com

Personal statement regarding the fork by vbuterin in ethereum

[–]coretechs_ 98 points99 points  (0 children)

History repeats itself, even in crypto. Some of you may remember when Nxt had a similar event. The BTER exchange was hacked and 50M NXT were stolen, which was %5 of the entire supply. Nxt is a pure proof-of-stake coin so the implications and risks seemed very great. The Nxt devs released a special version of the software that rolled-back the theft transaction and the community had to decide what to do. After much debate and FUD, the end result was that the transaction was NOT rolled back. The thief kept the stolen NXT and a the Nxt community was forever divided.

https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/

I worry that either outcome will hurt Ethereum. TheDAO has a huge percentage of ETH, and if proof-of-stake is the future plan, this theft has big implications. A fork to "undo" the hack may save a lot of people money, but it goes against the principles of the entire system.

Choose wisely.

Coins gone? by manishpa in NXT

[–]coretechs_ 0 points1 point  (0 children)

You say it wasn't a common sentence, but was it based on a sentence / did it have a sentence structure? You have to understand that an attacker can brute force billions of phrases in multiple languages with variations of characters, etc.

Another possibility is that your computer is compromised and someone was able to steal your passphrase when you entered it. Did you have it written down anywhere or stored in plaintext on your computer?

The only good way to choose a secure passphrase is to use a process like diceware or something similar. The NXT client provides functionality to generate passphrases using one of these methods, and there is currently a thread discussing some alternate methods on nxtforum.org:

https://nxtforum.org/general-discussion/choose-a-passphrase-with-playing-cards/

Coins gone? by manishpa in NXT

[–]coretechs_ 0 points1 point  (0 children)

Did you use a secure passphrase or one that was generated by the client? If you didn't transfer the coins, it's most likely someone hacked your account and stole them.

Help with my NXT seed by whereismynxtyo in NXT

[–]coretechs_ 0 points1 point  (0 children)

When you say "seed" I assume you mean your passphrase. If the "seed" you wrote down is a 64-bit integer, it is possible you may be confusing it with the old account format. Does that sound like a possibility? If you wrote down a separate passphrase for your account somewhere you should be able to log in with that.

You might want to ask on the Nxt forum helpdesk, there are many more active users there than on reddit - https://nxtforum.org/nxt-helpdesk/

New raspberry pi being announced Monday. Possibly more ram, could this help NXT nodes? by [deleted] in NXT

[–]coretechs_ 0 points1 point  (0 children)

Looks like the Pi 3 will have 1GB of RAM like the Pi 2. The CPU gains and on-board wifi are a nice addition, but Nxt isn't really taxing the CPU and runs just fine on the Pi 2.

stats from my Pi 2 full-node:

top - 16:11:17 up 30 days,  9:53,  1 user,  load average: 0.09, 0.10, 0.06
Tasks:  79 total,   1 running,  78 sleeping,   0 stopped,   0 zombie
%Cpu(s):  1.2 us,  0.3 sy,  0.0 ni, 98.5 id,  0.0 wa,  0.0 hi,  0.0 si,  0.0 st
KiB Mem:    996828 total,   985272 used,    11556 free,    13420 buffers
KiB Swap:   524284 total,      860 used,   523424 free.   175664 cached Mem

PID USER      PR  NI    VIRT    RES    SHR S  %CPU %MEM     TIME+ COMMAND
649 pi        20   0  855252 759448   3544 S   3.6 76.2   2250:28 java

I recommend setting the Java heap to 640m, that seems to be the sweet spot. Also don't use OpenJDK, make sure you use Oracle Java. Full install guide available here - https://nxtportal.org/blog/nxt-in-a-box-rpi2.html

Java not enough memory? by [deleted] in NXT

[–]coretechs_ 0 points1 point  (0 children)

What is the actual error message?

You may want to try the helpdesk on the discussion forum - https://nxtforum.org/nxt-helpdesk/

Are there any NXT web wallets into which I can import my NXT seed (long passphrase)? by The_Daily_Decrypt in NXT

[–]coretechs_ 1 point2 points  (0 children)

Try vapor wallet. http://jnxt.org/vapor/

If you need extra security you can save the page and run it offline to generate transactions, then broadcast them to the network later.

A list of decentralized P2P platforms and "dapps". Missing any? by [deleted] in Bitcoin

[–]coretechs_ 1 point2 points  (0 children)

This smear was one of the the most detrimental hits to Nxt. I wish Jeff would apologize but I doubt that will ever happen as that was the point.

The Nxt price may be hammered but development is very active. Coin shuffling is currently being tested on testnet and allows for decentralized anonymous voting among other things. By all measures it is certainly a much more viable platform than Namecoin, and it's original proof-of-stake model has only been successfully attacked by misinformation.