NXT Newsletter #3

Welcome NXTers, newcomers and long time community members.

NXT DOGE, Nxt MMPORG. Automated crowdfunding and new nxt <-> fiat gateways.
Yesterday seems so long ago when you’re living in Nxtville. I’m going to sleep. Join the movement.


This week’s topics:

  • Hurray!
  • Nxt Kickstarter
  • Such DOGE testnet
  • Nxtopia
  • Clients
  • Exchanges
  • Call for Merchants!
  • Nxt Site Integration
  • NXT Funding Committees
  • Conferences
  • Misc.
  • Quote of the week
  • Words of wisdom of the week


NXT is 3 months old!


Lots of donations were given out on 23 February.
Account 7017504655955743955. Thank you very much!

Nxt Kickstarter


A third “use case” has been made for the Nxt Automated Transaction prototype.

  • Use Case #1: Lottery
    A “lottery” program which will pay out its balance to a “winner” automatically once per week.
  • Use Case #2: Dormant Funds Transfer
    A program that if not notified before a certain period of time will transfer its funds to one specific account.
  • Use Case #3: Project Crowdfunding Agent


So what does it do?

Basically it means you won’t need to use a “website” like Kickstarter or the like at all – you will be just able to create an AT for your project then people will be able to send funds to it which will be refunded if it doesn’t meet its funding target by the target time.

Of course it doesn’t give you any guarantees about the project itself (and I don’t think most “crowd funding” websites do either) but it absolutely guarantees the account where the funds will go if the target is met as well as the refunding if the target isn’t met.

One more middle-man gone!

(sorry in advance to all investors in platforms like Kickstarter)

Visit http://ciyam.org/nxt to take a look at the AT docs.

Automated Transactions


We have already come up with some interesting ideas beyond the two current use cases such as a “Term Deposit” AT that would earn you NXT by leasing your forging power for x blocks then return the initial balance + forging interest to you and I think James will probably blow everyone’s mind with some of his ideas.


For those not following the AT topic that might still be interested:

It is still a work in progress but at least you can see that progress is being made (I know that in Nxt land progress is generally measured in days rather than weeks or months)

This week neer.g decided to help this effort with 500K NXT. Thank you so much for your contribution!


Automatic DOGE <-> NXT gateway in alpha!


DOGE is tested in a prototype of the automated NXT Asset Exchange crypto gateway client.


Once this works with DOGE, it is just a matter of changing several #defines to support any other bitcoind fork, including bitcoind. As you test with DOGE, imagine that it is BTC, LTC and dozens of altcoins, all inside NXT AE via automated peer reviewed multisig gateways. ()

I envision supporting dozens of altcoins all with automatic gateway into NXT AE.

Announcement is HERE. Compiled code for the testnet client can be found HERE.


I finally got automated gateway deposits working pretty decently, it even handles simultaneous deposits to multiple deposit addresses for a single NXT acct. 


P.S. Let me know what altcoins you would like to have an automated multisig gateway for.




Swartzfeger broke the idea of a Crypto MMORPG built on-top of the NXT network, using elements such as Arbitrary Messages, Parallel Blockchains, and the Asset Exchange. The idea caught on, new- and oldskool gamers took over the development thread on bitcointalk, and soon initial game concepts were formulated. They can be found here.

Nxtopia aims to be the world’s premier MMORPG sitting atop a crypto currency  blockchain (Nxt). Nxtopia (working title) will start out small, possibly a single-room inn where players can interact by playing games of chance, dueling, or simply having a friendly chat. Based on user contribution and feedback, Nxtopia will grow to the size of a village, a countryside, a nation… and beyond!

An entire world, sitting on top of a new generation crypto currency – Nxtopia.

A bounty is collected for the game. After 3 days, 41.000 Nxt is collected.


This is an opportunity to support an online game that leverages many of Nxt’s advanced features, one of the highlights being a user-driven crafting economy.

Donations can be sent to 13776816462073143763; please include tx id so I can include it when updating this post and making it easier for James to keep track of incoming transactions.

We’re also considering implementing a kickstarter-style tier system for bounty donators. These would be cosmetic rewards that wouldn’t be available after game launch. Depending on how we handle character death/respawning, these items may be also confer a quicker resurrection.

Are you game? Visit the dedicated thread @ https://bitcointalk.org/index.php?topic=474535.0


Now we got: http://www.nxtclient.org. Nice work!


Clients are considered out of BETA. There has been a press release.


Remember always to STAY UPDATED.

Jean-Luc is releasing experimental 8.x.e versions.


Please try it. In particular, the client developers and packagers should test it well, and if there are no major issues, expect the 0.7 branch to become obsolete soon.

This release introduces a major change in the Nxt server architecture. Instead of being a servlet run by Jetty, Nxt is now a standalone application which itself launches Jetty servlets, when needed. This should make it easier to use as a Java library, as it no longer needs to be run inside a servlet container.

The Nxt configuration has been made more flexible, both for the end user and for application developers. Nxt no longer uses web.xml, or any xml files for that matter. Instead, a user-friendly properties file is used.


If you are using Tor, now the tor socks proxy address and port need to be specified on the java command line:

java -DsocksProxyHost=localhost -DsocksProxyPort=9050 -Xmx1024M -cp nxt.jar:lib/*:conf nxt.Nxt

and obviously set nxt.shareMyAddress=false in nxt.properties

More info and the NRS experimental versions are found here:

  1. https://bitcointalk.org/index.php?topic=345619.msg5297841#msg5297841
  2. https://bitcointalk.org/index.php?topic=345619.msg5339924#msg5339924
  3. https://bitcointalk.org/index.php?topic=345619.msg5368085#msg5368085

Client updates


Version 1.0.6  Update in AppStore

Clienxt update

Version 0.0.6 [codename] Lite

WesleyH client

You can now send coins or messages to account aliases.
A beta version is available for download here: http://nxtra.org/nxt-client/dev.zip
Unzip, move the dev folder to nxt/html/tools/dev. Then go to http://localhost:7876/dev

This is assuming you have 0.8.1e installed (it will not work correctly on older versions!) – do not try

Try everything out in TestNet first, when you are comfortable you can connect locally. In the upper left corner you can switch between TestNet and localhost. There may still be errors in the code, it’s a beta after all.



Nxt Asset Exchange and automated gateways hasn’t left the testnet yet. In the meantime centralized exchanges are adding Nxt, some of them making it possible to buy Nxt directly from fiat.

Buy Nxt with Yuan

The Nxt <> Yuan pair has been up for some time at bter.com right HERE.

Buy Nxt from UK bank accounts

Pennyalt takes deposits directly from UK bank accounts right HERE.

Buy Nxt with US dollars

Atomic-Trade.com is working on adding the pair. It will be available HERE.


I’m paying for integration with my own funds since AT agreed to add USD/Nxt trade abilities.  This will allow any users to buy Nxt with USD directly.  Currently AT only offers USD/BTC trading, so we will have an advantage over other alts on the exchange.

Other exchanges

NEWALTEX.com and CRYPTOKOPEN.eu are dead.
Dgex *  * Bter.com *  * Poloniex *  * Nxt-e.com *  * Vircurex *


Cointropolis has been lobbying:
Nxt is now available for all merchants signed up for Coinpayments!

Damelon has a merchant solution for wordpress Woocommerce shops on it’s way.

NXT site integration

Implementing Nxt has given exchanges some headache, and now a wikipage has been sampled to “assist developers who are integrating Nxt with their existing sites (games, applications, exchanges, etc.)”. Read it HERE.

NXT Charity

Songs of Love


With the one-to-one match by a gracious donor, we are currently at 88,646 Nxt. We need roughly 40k more to reach our goal of 170k and become the presenting sponsor for the Songs of Love event in LA.

NXT Donation Address: 4636321498642303120

WATCH: Community Closeup – Raising money to inspire kids:

NXT Funding Committees


The funding committee positions have been open to everyone.
The period for accepting NXT Funding Committee nominations is over.

Audit spreadsheets of NXT Fund assets are permanently available HERE.

There are now polls on whether each committee should have 5 or 7 members:

We’re gonna do a week of campaigning, and we’re gonna have a one week long vote starting March 1.

Campaigning, NXT Funding Committee Nominee Statements, go here:
https://bitcointalk.org/index.php?topic=479167.new#new. On March 7 there will be elected committees.


Coming up: Texas Bitcoin Conference.

Texas Bitcoin Conference. Austin, March 5th and 6th.

List of Bitcoin / NXT conferences:




Over a 100 new members on the /r/Nxt subreddit this week and over 19,000 views this month, of which 3500+ uniques.

The reddit tip-bot went open source. Please review it so the bounty can be paid out.
There will be a 
bounty for reviewing it too… The source code resides in https://github.com/nxtip/nxtip and is GPLv2 licensed! https://bitcointalk.org/index.php?topic=345619.msg5240925;topicseen#msg5240925

1st online Nxt Wallet


  • FREE
  • Secure – multi layer security encryptions
  • Access and manage your Nxt account from anywhere

https://bitcointalk.org/index.php?topic=477526.0 + https://nextcoin.org/index.php/topic,4137.0.html



NXTcash team has made an internal release and waiting for zeronet (testnet for NXTcash) to be setup. Hopefully, by next week we can experiment with teleportation.

For those ignorant enough to forget: NxtCash will add complete anonymity to Nxt transfers.



I will be coming out with “coins” that are actually NXT AE assets that can be mined by CPU. Every miner will need to be running a NXT node. If there is any level of market for such a coin the miners will start mining by the droves. Since the market for it is AE, we can always jump start the market by subsidizing the prices during the early days in order to ensure enough network capacity.


Nxt on Android TV stick

Everybody knows that raspberry Pi was built for running Nxt nodes.


But here’s another green solution:


The hacker conference HOPE X will take place at the Hotel Pennsylvania in NYC on July 18-20.
There is currently a call for speakers.

Attention all hackers, makers, whistleblowers, artists, phone phreaks, rebels, technologists, and free thinkers everywhere! Come and share your ideas, thoughts, and passions with thousands of really bright, creative, and open-minded people in New York City this summer at HOPE X.


We have room for around 100 talks and panels covering a wide range of topics, limited only by our collective imagination. Past talks and panels have included: anonymity, surveillance and countersurveillance, social engineering, hardware hacking, cryptography, privacy, security, censorship, programming, democracy and law, digital protests, society hacking, copyright, phone phreaking and telecommunications, new technologies, all manner of experimentation, and so much more. We are constantly searching for innovative subjects and presentation formats.

Let yourself be heard in this thread if you are interested: https://bitcointalk.org/index.php?topic=412243.0



[NEW SITE] Provides Nxt Information & BlockChain Explorer.

MyNxt updated with charts


Nxt is on Bitcoinwisdom


NXT Media

Podcast, interviews, Nxt turtorials @ http://test.nxter.org/nxt-media/

Nxt added to Cryptosaur

Cryptosaur it`s a small extension for Chrome and Opera, which show prices in USD, BTC or EUR of cryptocurrencies on icon.


Nxt-e.com is looking for translators


No sellout

Nxt.org is no longer up for sale.


Nxt News Daily


Multisending transactions

Yes, it’s possible. Get a bash script here:

Multisend support also exists in ClieNxt.

Some progress in China


With more and more promotion, more people are attracted by active community, tech  and Philosophy of Nxt. And my weibo also attract some famous pp, such as BobbyLee, who is the president of BtcChina.
We also invite a famous enthusiast of BTC who now greatly admire Nxt to our Chinese Nxt community for discussion with a special column.


Account Control

… before the clock strikes thirteen.


BCNext is writing the code now, the plan is to have it ready somewhere in March and then I’ll need a week for testing/refactoring.

Nxt Source code


We discussed this with CfB some time ago, as a way to get more developers involved and make it easier for client developers, not having to rely on decompiled code to see the Nxt internals. The copycats are already decompiling the Nxt classes, so there aren’t any hidden secrets. I thought I would at least wait until I finish the 0.8.0 refactoring, but now that this is also released, it may be a good time to think about making the source open earlier, say March 1st?



Lisa Yin (PHD MIT Crypto) wants a specific overview of what we need.

nxt audit

Quote of the week


The learning curve involved with nxt and crypto in general is very steep.

Words of wisdom of the week


NXT uses forging to secure the network – important and needed, but what makes NXT stand out is (..) the possibilities of the ecosystem. I’m sure that within a couple of months there will exist a coin on top of NXT that makes the miners more happy, this as a side note… but what is really important: not that you receive more than you have when holding on to it or investing in new hardware. the goal is to have a working crypto ecosystem that let’s you buy things securely and anonymously, that let’s you exchange assets securely and easily, that let’s you communicate with other without being monitored, that can be used as a base for other undertakings… and where the groundwork is not based on terawatts and terahashes – I’m not good with marketing stuff and this has been summarized better by others – but I hope you get my point.

At the current stage I believe that buying NXT will give you a lot in return, because it is still cheap and for the fun factor you miss from classical mining, you can visit this thread and watch the development of this little plant (or baby to borrow Anons word) to become a giant tree.

Get your message in the newsletter, contact: http://test.nxter.org/contact.
Any feedback about the newsletter is welcome too. Donations? Ok, 196910366798475802. Thanks.

Lost a newsletter?
 Find it in the archive @ nxter.org. Get it by mail: http://eepurl.com/M2KnL

Didn’t understand a thing?
Go to nxtcrypto.orgwiki.nxtcrypto.orgnextcoin.org or nxter.org to learn about NXT.

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