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Author Topic: Nxt :: descendant of Bitcoin  (Read 1990 times)

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Offline Drexme

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Nxt :: descendant of Bitcoin
« on: December 03, 2013, 03:36:26 AM »
I posted this here in case people don't know about cryptocurrencies or NXT.
Original Thread: https://bitcointalk.org/index.php?topic=345619.0

Quote
Nxt :: descendant of Bitcoin

Nxt uses brand new software.  It’s not a fork of Bitcoin source code.

Nxt is the first 100% Proof-of-Stake (PoS) currency.  Coins are earned solely by charging transaction fees.  Unlike other currencies with PoS mining, Nxt's PoS mining does not cause monetary inflation.  The total amount of Nxt in circulation is 1 billion.

Nxt improves different features of Bitcoin, removes some disadvantages (e.g. bloated blockchain) and resolves a big environmental issue.  Time between blocks is one minute.  This increases the rate of orphaned blocks but makes it more convenient for the users.

Nxt doesn’t use so-called “scripts” aka predicates.  This simplifies and accelerates transaction processing.  Advanced features like multisig will be created on top of the core as 3rd party services.

Nxt will have the following distributed features integrated into the client:
- Currency Exchange
- Stock Exchange
- Colored Coins Implementation (This allows Nxt accounts to function as Gateways for other currencies.)
- Marketplace
- Messaging
- Voting

Nxt BlockChain Explorer

Nxt Wiki

Nxt Buying / Selling Thread
Currently you can buy or sell Nxt via escrow.  Here is the order book.
Later, there will be a Nxt / Btc exchange integrated into the Nxt client.

Nxt Bounty Thread
Earn Nxt by performing tasks for the community.

Nxt Giveaway Thread

Nxt API Thread

Nxt Services
DGEX.com - Nxt / Btc Exchange (thread)
Nxt Slot Machine

Download/Install Instructions
https://nextcoin.org/index.php/topic,4.0.html

Full source code will be released ~Jan 3rd, 2014 depending on stakeholder vote.
Partial source code is available here.

Offline qibucks

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Re: Nxt :: descendant of Bitcoin
« Reply #1 on: December 09, 2013, 01:53:47 AM »
I am quite new to other cryptos. I have btc blockchain wallet, an account in btc-e and cryptsy where I house all my other coins but I don't know how to get a NXT coin wallet. Is there an easy version of downloading a nxtcoin wallet please? :)

Offline bizz

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Re: Nxt :: descendant of Bitcoin
« Reply #2 on: December 09, 2013, 02:05:29 AM »
I am quite new to other cryptos. I have btc blockchain wallet, an account in btc-e and cryptsy where I house all my other coins but I don't know how to get a NXT coin wallet. Is there an easy version of downloading a nxtcoin wallet please? :)

https://nextcoin.org/index.php/topic,4.0.html