Nxtcrypto - Nxtcrypto.org Nxt :: Descendant Of Bitcoin
I am not admin/developer!
New crypto-currency - NXT.
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Press Release
"One of the reasons Nxt is groundbreaking is because it gives the economy back to the people and re-establishes them as their own sovereigns over their destiny. An economy is an expression of a political ideology. Do not mistake us as just another cryptocurrency. We are a movement."
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Nxt :: descendant of Bitcoin
Nxt uses brand new software. It is not a fork of Bitcoin's 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 is resistant to +90% attacks via its transparent mining algorithm.
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 does not 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 is routable through Tor and I2P anonymous networks.
Nxt supports the following features:
- Decentralized Alias System / DNS - Complete
Register names and assign them to URIs. URIs can be anything from web addresses to Nxt account numbers. These aliases will be tradeable in the near future.
- Basic DDoS Protection - Complete
- Decentralized Asset Exchange / Colored Coins - Done, but not yet implemented.
This allows gateways to issue assets on the Nxt network. These assets can include cryptocurrencies (BTC, LTC, etc), fiat currencies (USD, EUR, RMB, etc), stocks and other assets.
- Transparent Mining - Complete
Transactions are encrypted. Only PoS block generator can decrypt transactions.
- Arbitrary Messaging - Complete
- Instant Transactions - In progress
One-thousand transactions per second design target
- Decentralized Marketplace / Auction - In progress
Buy or sell goods/services in a distributed manner. All listings are broadcast to all nodes on the network in P2P fashion.
- Distributed Storage - In progress
- Multi-signatures - In progress
- Blockchain Shrinking - In progress
- Two-phase Payments - In progress
Software supported escrow transactions
- Voting System - In progress
- Reputation System - Will be implemented after Voting System
Account trust rating system. Check if sellers on the distributed exchange have a good history, if stock issuers pay dividends and if gateways honor their asset redemptions.
- Automated Transactions - In progress
- Decentralized Mixing Service - In progress
NXTcash / Zerocoin Implementation
- Social Credit System - Concept not ready
Accounts can trust other accounts for assets issued on the asset exchange with on-the-fly debt transference.
- Distributed Computing - Concept not ready
- Smart Contracts - Concept not ready
- Hardware Wallets - Conceptual Stage - Java smart card developers please contact core dev team members
- Advanced DDoS Protection: Project Kharon - Conceptual Stage - Neural net programmers please contact core dev team members
Please Run a Nxt Node
If you can run a Nxt node, it will help us stabilize and secure the network. If you have invested in Nxt, it is beneficial to you to run a VPS to help to secure the Nxt network. Hallmarking your node helps the network, but is not necessary.
Nxt Exchanges
DGEX.com - NXT / BTC Exchange
BTER.com - Bitcoin and Crypto-currency Exchange Platform
Vircurex.com - Exchange and Trading Platform
PeerCover.com - NXT Ripple Gateway
Poloniex.com - NXT / BTC / LTC / NMC / XPM Cryptocurrency Exchange
CryptoKopen.eu - Buy Nxt with Skrill
BitcoiNxt.net - NXT / EUR Exchange
NxtBtc.com - NXT / BTC Exchange (No Javascript Required)
After the decentralized asset exchange feature is released, you will be able to buy and sell Nxt for any currency issued on the Nxt network.
Charts
BitcoinWisdom NXT/BTC - feed from Bter.com
BitcoinWisdom NXT/CNY - feed from Bter.com
Nxt Social Networks
Twitter
Weibo
Reddit
Facebook
VK
Nxt Videos
Nxt Tutorials
Nxt Introduction
What is Nxt? Discussion by Tai Zen and Leon Fu (24:56)
How to Mine Nxt
How to Use Nxt Client
How to Register Alias Tutorial
Nxt Explained in Russian!
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Download NRS - This is the Nxt Reference Software. It includes a web client.
NRS downloads are hosted at http://download.nxtcrypto.org/
Nxt 0.8.3 - http://download.nxtcrypto.org/nxt-client-0.8.3.zip
SHA256 hash - 9a59c60336e01e87a3a1484697dd35a57d8782747145f80494 96e19cbffdd537
Original PGP Signed Message
Source code was released on Jan 3rd, 2014. The fifth anniversary of bitcoin's genesis block.
Nxt Software Change Log
BE SURE TO CHECK THE SHA256 HASH OF YOUR DOWNLOAD!
If you're running GNU/Linux, the program sha256sum is standard on most versions of the OS. Use the sha256sum command:
'sha256sum PATH_TO_NXT_DOWNLOAD'
If you're running OS X, a SHA-256 can be calculated using the openssl command in an open terminal (the terminal is located in /Applications/Utilities).
'openssl sha256 PATH_TO_NXT_DOWNLOAD'
If you're running Windows, use an online calculator to calculate the sha256 hash. Upload the Nxt.zip file you downloaded, when the website asks for a file.
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Nxt Clients
Nxt clients are GUI programs that interface with the NRS server. Eventually, the web client will be removed from the NRS, and you will have to use a separate client.
NXS - Browser-based GUI client (thread)
dotNXT - .NET based client (thread)
NXT Solaris - Fully featured Windows Nxt client (thread)
Nxt Mac - Auto-updating Mac client (thread)
Offspring - Cross-Platform Second Generation Crypto Client
Android Client - (thread)
iNxt - iPhone Client (thread)
iOS Client - Beta Testing
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Installation Instructions
How to Install Nxt Client w/ Pictures
Ubuntu/Debian
1 - Download and Install Java 'sudo aptitude install openjdk-7-jre'
2 - Unzip 'nxt.zip' 'unzip nxt.zip'
3 - Go to your Nxt Directory 'cd nxt'
4 - Start Nxt 'java -Xms512m -Xmx1024m -jar start.jar'
Windows
1 - Download and Install Java Oracle JDK 7
2 - Unzip 'nxt.zip'
3 - Go to your Nxt Directory 'cd C:/PATH_TO_NXT_FOLDER'
4 - Start Nxt 'java -Xms512m -Xmx1024m -jar start.jar'
Mac
1 - Download and Install Java Oracle JDK 7
2 - Unzip 'nxt.zip'
3 - Go to your Nxt Directory 'cd nxt'
4 - Start Nxt 'java -Xms512m -Xmx1024m -jar start.jar'
Open Nxt Client
- Open your browser and go to http://localhost:7874 or https://localhost:7875
- Click the "Lock" icon in the upper left corner to unlock your account.
- Enter your passphrase or if you don't have an account, enter your new passphrase. Make sure you use a very random, complex password of at least 80 characters. You can use 0-1, a-z, A-Z, special and national characters.
Run Nxt On Your Raspberry Pi!
Because Nxt can be run on any hardware that supports Java, you can run your own Nxt server on your Raspberry Pi and help us secure the Nxt network!
Help Bootstrap "NXT" an Innovative Successor to Bitcoin
Security Tips
- Do NOT use the passphrase for your Nxt account on a VPS client. Only use your Nxt passphrase on a local Nxt client. Even if you connect to your VPS securely via SSH, you are still not safe because all VPSs have backdoors.
- 7874 (tcp) is used for P2P communication, the http web client and API commands. This is the only port that needs to be open to run Nxt.
- 7875 (tcp) is used for the https web client.
