NXT Newsletter #4

Welcome NXTers, newcomers and long time community members.

Nxt is now open source. And on Cryptsy. New businesses are being built. A bunch of good people up for VOTE for the Nxt Funding Committees, and a large stakeholder has offered a 3M-5M Nxt bounty. Dig in. Join the movement.


This week’s topics:

  • Full source code is released
  • Voting
  • Exchanges
  • Such automated cryptos
  • 1 Million Nxt donation
  • Announcements
  • Clients
  • Conferences
  • Misc.
  • Quote of the week
  • Words of wisdom of the week

Full source code is released


The original release date was set to be the 3rd of April.
So what happened? Take the tour of what lead to our early release HERE.

Jean-Luc on March 01:

I have made the current source code repository public:


Master branch is still 0.7.6, develop is 0.8.3 plus latest unreleased changes.

Read what Jean-Luc is planning next:


On March 7 committees members will be elected!
Nominees has now had a week for campaigning, and voting is open.

Live voting results are found here:

Nominee Statements / campaigning is found here:

So if you are a Nxter and you haven’t voted yet – go let your voice count.


If you  want to vote, send me a PM with just the word VOTE in the title.  I will respond with your password and the voting site URL.  I will know who voted but I will not know who you voted for.

PM rickyjames here:



couldn’t implement Nxt, they say.
Money paid by certain Nxt Community members will be returned to them.



DGEX newsletter announces three developments:

1. DGEX fees back to 0% for NXT withdrawals, 0.15% for trades
2. DGEX Initial Public Virtual Offering still available
3. Offspring NXT client updated http://offspring.dgex.com

Such automated cryptos

DOGE is tested in the automated NXT Asset Exchange gateway.

Source for alpha release is here:


Guys, please test this. It’s like magic (except that it’s science + hard work).


NXT AE will have direct links to dozens of crypto wallets. All these cryptos will trade against NXT, making NXT the standard that the other coins are valued.

I will be authorizing NXTcommunityfunds to ensure that we can all benefit from a non-profit gateway for all the popular cryptos into NXT AE.

I will also be adding NXTcash support to the gateway and we dont have to wait for external releases. As soon as it tests out, we can go live.

I will be setting aside 100000 NXT for a NDIC (nxt deposit insurance) fund, 10000 NXT per person and 100K max, for any gateway caused losses.


Please help us put some distance between us and the clones! Volunteers are most welcomed, but if you need some NXT to motivate you to participate, PM me and I will see what I can work out.

Here is what help is needed:

1 million Nxt donation


Klee has donated 1 Million NxtCoins to Brain Preservation Foundation!


So you hope that they will preserve your brain when you die?


It will be a battle between cryonics and plastination – every technology has advantages and disadvantages. I hope my donation will help to solve some open issues (ie if the connectome is preserved with cryopreservation as in plastination and if any of the two methods preserves microtubules).

The full press release can be found here:

Klee (Androklis Polymenis) is a 37-year-old digital currency entrepreneur, who has committed his full attention to cryptocurrencies and his own startup company UbiCrypt, with the goal of providing innovative solutions for NXT.




Nxt Mobile App Company

Early Nxtty Messenger Demo

Link to the full Prospectus/Business Plan (25 pages)


We will sell 25 million shares on Nxt Asset Exchange launch day. The price will be 0.01 Nxt per. share. The NMAC private placement was closed to new entries on Saturday, March 1st as we are over subscribed.

Comment on the plan on both Nextcoin & nxtcrypto forums:
https://nextcoin.org/index.php/topic,3313.msg31709.html#msg31709  &


DGEX Public Virtual Offering


The DGEX Initial Public Virtual Offering has started.
Share price is 125 NXT each. 31397 shares available (out of 108900 public shares, total 330000 shares). Public trading will begin later in March. You can access the share purchase page from your DGEX member account main screen (green colored box mid-page).
Download the prospectus from https://dgex.com/pvo/dgex-prospectus-v2.pdf

Direct any questions and updates to this thread:


marcus03 got zeronet up and running!

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


I have made an internal proposal to the NXTcash team using the latest source code that will allow us to make a release that can be considered for mainnet use. Not sure how long it will take as I will need to start and finish Nodecoin 2.0 to fully implement the proposed NXTcash solution, not to mention a fair amount of work in the client code.


Before you say, “but we can’t store the giant zeroknowledge proofs in the NXT blockchain!”, let me say that the method I am proposing does not need to store the big proof in the blockchain, just the NXTcash minting and spending events. Still working out all the kinks, but I am optimistic.

<shameless plug>
Show your support for NXTcash, donate to completion bounty fund 13313092584524529006
</shameless plug>



Remember always to STAY UPDATED.

Release 0.8.3: https://bitcointalk.org/index.php?topic=345619.msg5391927#msg5391927
Relase 0.8.4e: https://bitcointalk.org/index.php?topic=345619.msg5491698#msg5491698
Release 0.8.5: https://bitcointalk.org/index.php?topic=345619.msg5502897#msg5502897



Version 0.3.6 is released.

Full Changelog:


I should also add that, as a non-believer in the concept of intellectual property, I welcome anyone to use any of the code in your own projects with or without credit. My goal is not one of recognition, but rather to improve the software we have available to us in the Nxt community.


Solaris 2.1

Version 2.1 of the Windows NXT client


New version of the Nxt client online at http://nxtra.org/nxt-client/



Coming up:
Texas Bitcoin Conference.

Final version of rickyjames’ brochure:

See the list of Bitcoin / NXT conferences here:



Join us in the #nxtalk channel:


Those who don’t have an IRC program:

Join here:
Or download for
Windows / Linux: http://hexchat.github.io/downloads.html. Mac: http://colloquy.info/downloads.html

NXT introduction video

A new video was made by d13id.

Donations: 8987437801852093688

Go watch more videos about Nxt @ http://test.nxter.org/nxt-media-tutorials-podcast-interviews/


Top generators

Nxt – 90% attack proof

CIYAM Open and CfB  has figured out how to get it implemented.

BCT threads

Damelon made a page for the BCT threads:

And don’t forget to follow his Daily Summaries of the BCT thread HERE.

New thread about NxtApps


PeerExplorer awarding NODES



I would like to remind you all that PeerExplorer.com runs a great program to award nodes and makes it an incentive to run public nodes.
The system will soon run low on caches (accounts with NXT in them) to award nodes with. If a big stakeholder is out there reading this, a donation to the person running Peer Explorer would be great so he can add to the cache system of rewards.

Register a account @ peerexplorer.com. Create a new cache. (click small seet near “Created caches”). You can fill in a sponsor message if you like (url, advertise etc…). Now transfer to the NXT account the amount you like  (min. 2 NXT). Cache should be automatic activated in 5-30 mins. Now you can enjoy how someone is earning your reward.


The website has been updated.

Free VPS

Nxt-kit can hallmark OpenShift. With port forwarding, you’ll get working FREE VPS (hosts @ amazon).



Nxt for copyright


Nxt for Insurance




Proof of existence


Can someone develop an Nxt equivalent of Proof of Existence so that NMAC (and other Virtual Corporations) can register itself like this companydid on the Bitcoin blockchain? This well written prospectus can also be registered and published using the same method, making it official and “legal”. It gives a greater sense of legitimacy and serves as a show case of how the Nxt ecosystem can provide similar or better safeguards for investors normally enforced through government or centralized means.



Suggested NIP

(Nxt Improvement Proposal)

Adding “meta information” to Arbitrary Messages:

Atomic cross chain transactions


3M NXT (up to 5M for additional features) for atomic cross chain transactions.
a) working client for average user;
b) official approve of all three NXT Funding Committees;
c) fully working asset exchange;
d) working transparent forging in the part marked bold:

NB: The only penalty is inability to mine blocks within some period of time. They still can decide not to bother with mining, but their “hashing” power will be distributed to those who do protect the network.

Last two conditions are my conditions to stop holding investment in 50M NXT.

The offer is legit: https://bitcointalk.org/index.php?topic=345619.msg5465466#msg5465466

Nxt Incubator/Scholarship Promotion


The purpose of this project is to foster Innovation and Promotion from participants. The basic concept is participants must develop some type of innovation that adds real value to the Nxt Economy. (…)we are looking for a multi-faceted approach to innovating Nxt and encouraging those not necessarily aware of Nxt to participate in a scholarly and social manner. (…)I will personally donate 25,000 Nxt towards this venture when it becomes a reality.

Interested? Read more here:


Xio is creating a person-to-person exchange for NXT, similar to the functionality of LocalBitcoins.com.


I’m currently working hard on the site and although I cannot give an exact estimate yet, I hope to have it ready within the first half of this month. (…)


I’d like to invite anyone willing to trade NXT locally or interested in a beta invitation to please PM me.


Quote of the week


We need to adapt ourselves to work with the kind of future that we want.


Words of wisdom of the week


BCNext gave us only a source code. We needed to build websites, create wiki, build whitepaper. Then we started to write articles because only with some proof you can show how cool Nxt is. Now we finally finished some cool papers so we can deliver them to the developers and university guys to look at them and join us. After weeks of asking we finally have also a letter for university guys, so I can send it to them without grammar errors. Then devs can come here, build their apps on top of the Nxt network and then we can start to focus on mainstream etc. But right now we need to get attention of the devs, that’s why we go to the conferences and publish scientific papers.

Get your message through to 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. Sign up: http://eepurl.com/M2KnL

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

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