Nxt at Bitcoin 2014 (2)



So what took place in the Nxt booth on this beautiful day in crypto wonderland?

Today at 06:23:03 pm:

The Conference was terrific! Such a good vibe all over.
It’s clear that crypto is coming out of the woodwork and gaining approval and interest.

ALL the people we met were genuinely interested, asked insightful questions about the issues important to them and all people took us seriously as a system.
We were cordially received and we are most definitely on the map. People don’t see us as “just an alt” anymore.

Just a quick tally of the people I know we have talked with and received contact details from:


* BTCChina, Bobby Lee * GoCoin * Netiago * BTChip * Bitcoin Foundation * Elliptic * ZipZap * Mercadobitcoin * Rublon * OLS-Systems * Virtex * Coinproz * Happycoins * Hash.bg * Bitfury * Omidyar Network * Egopay * Tedd Marketing * Woodwallets * PRISMcide * Ripple Labs * Shopelia * CoinTerra * JafCapital * Strevus * BitFin * MasterCoin * Lamassu ATM * Coinbase, Charlie Lee * CryptoWerks * MarginSoftware * Bitcoin Solutions Ltd. * yBitcoin * Meni Rosenfeld * Goobit.se * Pwc.com * BitcoinThing * Alitin * Primeventures * BNP Paribas * Bitcoindoc * Norton Rose * Fulbright * Commonwealth Bank of Australia * Riddle Williams Attorneys …

From the Live Updates:

GoCoin. Nice guys and some very exciting things going on here. I’ll leave the rest with Justabit as he is lead contact here.

– chanc3r met with the CEO of ZipZap. BIG interest there. We expect some very exciting developments here in the medium future here.

– Met with Happycoins on the smoking boulevard. They are one of the leading BTC – Fiat companies in Europe. They will be a good contact with connections in banking, legal and governments here. Contact lives in NL, so it will be easy to keep in contact and keep each other informed.

– Also managed, with a lot of running to press a card and receive a card from Bobby Lee of BTCChina. He was very busy, but I’ll follow him up after the Conference.

Lastly, chanc3r had a good developers conversation with Ripple Labs who were very impressed with our client and also were amazed by the support from our community. Good professional contacts :)

Talked with the PriceWaterhouseCooper guy, who turned out to be a poker game and I mentioned Ola’s decentralised poker game to. He wrote down the details and is on an iGame panel later, so I am hoping for a mention there :)

I just had a 30 minute talk with Meni Rosenfeld about this [Nxt unfinished whitepaper] and he has given me some things that he would need to actually take Nxt serious at this level. If he has time, he has said that he might be willing to consult. :)  I will get back on this later.


– We are now being approached by Venture Capitalists.
– We have an investor for the amount of $ 250,000. chanc3r will take lead in this.
– We have been invited to a local affair here in NL, which might be a good test case for our local meet ups initiative and have a Nxt meet. The meet is in Arnhem.

Still bucketloads of interest here and it’s not diminishing.

Today at 06:23:03 pm:

After resting, we will go over all contacts collected, sort and prioritise follow ups and connect people to other people within the community.

I want to thank EvilDave, chanc3r, l8orre, Berzerk and coretechs for their enthousiams, input, voices, hard work and dedication. You guys are ACE and a joy to work with! Thís is how a team works! Also props for your enthousiastic support from the forums, people!


Now, I am going to sit behind my screen, sip coffee, eat pizza and have a very content evening!

Analysis and stories will follow tomorrow.

Just want to share this last nugget:

Charlie Lee came by and got a 15 minute presentation by chanc3r, l8orre and EvilDave!



Today at 07:12:21 pm:

Just got to add, as a little story, that the above was our second meet with Charlie Lee, the first one was when me and Damelon were doing a circuit of the booths and dropped in on Coinbase…we started our pitch to this very quiet dude, who listened very carefully and then interrupted us with the question:

“Do you know who I am?”

Me and D sort of looked at each other, I try to read the dudes badge, but it’s turned around. I think of bullshitting for a second or two, but then both of us simply say “No” simultaeneously. The quiet dude hands us both cards and says: “I’m Charlie Lee, I invented Litecoin”

Ooooppsss….crypto geniuses, me and Damelon.

But we had really excellent contact with him, probably spent an hour in total over two days, discussing Coinbase and NXT with him.

More stories to come……theres so much to cover,
It’ll take much of the next couple of days just to sort out what to do with all of our contacts…..but you guys need to know: NXT is a serious player now. We are seen as pretty much an equal to Ripple and Ethereum, by many of the people who matter in the crypto world.

@JustaBit: your conference guide is pretty much perfect.
And you’ve been an invaluable support to us in the last few days of lead up to the conference. A sort of steadying hand to show us the right path.
I’ve always wanted to keep you (+Cointropolis in general) very much on-board with NXT and this conference has just driven that point home.

I also want to to say that we had an excellent team that simply formed a really powerful unit right from the start:
Me on chief bullshitter and intro duties, Damelon as a slightly more low-key pitch man and contact organiser, l8orre answering the tech questions, chanc3r quietly and very competently manning the booth, Berzerk running around carding and Twittering like a good ‘un, andcoretechs just turning up and helping out with his mad pitching skillz.

A really mixed team, all with different strengths and abilities, but the guys turned into the NXT dream team as soon as the conf. kicked off.

Gotta repeat that! Thank you so much for your great effort!

See more photos and join the conversation here:

Read the summary of yesterday’s action here: http://test.nxter.org/nxt-at-bitcoin-2014/

Nxt at Bitcoin 2014




Bitcoin 2014 is the annual international forum, exhibition and networking conference organised by the Bitcoin Foundation for the fintech industry. It’s where investors, technologists, regulators, executives, entrepreneurs, developers, and policymakers gather to collectively shape the future of cryptographic money worldwide.

Join us in Amsterdam, one of the most prolific fintech hubs in Europe, to get a glimpse into the future and the opportunity to be a part of building the digital economy.

Let’s hear it from the horses’ mouths.

How did the representatives of the Nxt Community feel after a long exhausting day in Bitcoinland?

Today at 09:04:19 pm:

I was GREAT!

We have had so much attention.

The day started brilliantly, as Patrick Byrne mentioned Nxt in his keynote speech as one of the projects he finds interesting.

This led to a wave of people coming to check out to see that Nxt was.

We basically were with 6 people (we met user coretechs at the Conference and he was a brilliant pitcher for us and helped out brilliantly: thank you!) and were occupied most of the time.

People came from all walks: we talked to bankers who were interested in the AE, we talked to lawyers interested in developing a legal structure for AE trading, we met normal users, business owners, the generally interested, wallet builders, 2nd Gen collegues (Ripple and Mastercoin), Bitcoin fans etc. etc.

We are definitely on the frigging map! Both Dave and I are losing our voices, and we japped our mouths off. l8orre and chanc3r managed the more technical questions, which was needed, because some people really wanted the nitty gritty where I would have just stood slack-jawed if we wouldn’t have had real experts with us. All conference teams should have a dev with them, it’s invaluable and you will be taken much more seriously!

Berzerk has been doing rounds all day just making introductions and gathering cards and opening up contacts that we afterwards can follow up. I am very happy that someone actually can work in a “serving” but necessary role. Big props for Berzerk there.

Dave managed to combine his volunteer organising tasks with easily chatting with people and getting valuable contacts. We both took the part of basically telling the “story of Nxt” over and over again, so people could grasp that we were new: new code, new blockchain, not a coin but a system, and no, we do not have a chairman, no HQ, we work as a community!

We have created loads of follow up opportunities today and we still have a huge wishlist of contacts to visit tomorrow! It’s one of those rare things to get out of a full conference day being pumped instead of tired because YOU have to chase people! Most people came to US!

Going to relax a bit now, put my tower of business cards in a safe place and prepare for tomorrow. smiley.gif

Today at 09:24:41 pm


On behalf of the Conf. Crew, I’d like to apologise for the lousy updates here.

The good news is that we can’t update because the NXT booth has been completely overwhelmed with people for pretty much the entire day, It’s very difficult to describe the amazingly positive buzz thats happening here with NXT: it seems as if everyone here is interested in NXT in some way.

The buzz is not only about NXT, btw, the whole conference is totally optimistic about the future of crypto, Bitcoin and alts. Its a very powerful feeling.

Couple of random things: the RaspPi Solar is a brilliant conversation piece, all the tech dudes love it. Myself and Bas have developed a charging system demo for the solar panel…. as you lift it up towards the overhead lights, the charging boards LEDs start to flash as the current goes up. i think we have that on video, to be posted in a day or so….

Legal aspoects of 2nd generation features (and the legal side of crypto in general) is a recurring theme in teh conversations we’re having. We really need to think very carefully about what we are doing with the AE, for example. Luckily we made some very good legal contacts: Norton Rose Fulbright are the law firm in crypto, and we’ve had about 3 sessions with the guy who is heading up their crypto point group. Had some other lawyers as well….

We will work up a full list of contacts (with proper notes on each) when the conf is over, Sat is the last day.

As i said earlier, we are so busy, that any keyboard time at the booth means ignoring interested people. We’ve had 3-5 NXT guys on the booth all day, and I can remember only a couple of periods of a minute or 3 with no-one actually deep in a conversation with an interested attendee.

I went on a mission to annoy all the mining-rig companies today, invite them over to see the RPS, and all I got where mostly NXT-positive miners

A quote from one ASICS guy: ‘I’m a miner by day, NXT investor by night’ No-one was unfriendly (and i was annoying), the worst response I got was just not very interested. If you can’t get miners to hate on NXT, what is the world coming to?

Oy. yeah, i’ve lost count of the number of people here who hold some (or a lot of) NXT…..I’d guess that 10% have some NXT holdings. And this is the serious end of the Bitcoin world……

Bitpay gave me some stuffed toys for my kids, and said very firmly that they where NOT going to use anything other than Bitcoin for the forseeable future.

They get 10,000 mails per day (maybe I’m exagerating) from alt-coin fanbois requesting their fave alt be used by Bitpay. So I suggest that we simply leave them be for a while, maybe check at the end of the year how they feel.

Spoke to 2 exchanges who may want to list NXT, one with a dollar/crypto gateway. Might need help with integration, but they’re not asking for bribes….

This is just a sample, there’s so much more good stuff to share with you lot, but I’ve got to be up early in the AM.

(BTW: last time I saw Berzerk, Damelon, L8orre and Chanc3er, they were heading off to a local bar with a posse of lawyers……..much free legal advice coming up)

I’ll try to post some pics in a bit before I hit my bed.

Today at 09:25:47 pm

Are you drunk?

Thank you. I will send you some LOVE on AE. The future will not be centralized. It will be you.

See photos and join the conversation here:

Read the second part of the Nxt @ Bitcoin 2014 summaries here: http://test.nxter.org/nxt-at-bitcoin-2014-2/

NXT Newsletter #4

NXT NxtCoin 2. generation cryptocurrency news

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.

NXT Newsletter #2

nxt newsletter

Welcome NXTers, newcomers and long time community members.

What a week! Results are starting to show on so many fronts. Totum maior summa partum.


This week’s topics:

  • Conferences
  • Asset Exchange
  • New clients + updates
  • Reddit
  • Nxt Charity
  • Videos
  • Proposals
  • Misc.
  • Quote of the week
  • Words of wisdom of the week


NXT was at the Berlin Conference.



The most interesting guy was probably the CEO from Cryptoventures, an experienced manager, who was born in Italy and the lived in Argentina, Spain and… London? Nxt’s altcoins will become a currency in African states and in Casinos. This guy will help provide contacts. We need to provide an easy platform for creating and mainteaning such coins.


We talked with a lot of companies about coordination with Nxt. Or to get more dev contacts, we we would be able to build all decentralized internet on top of the Nxt. We intriduced Nxt to..30-50 people? So now we can cooperate with OpenCoin, Hive, BitAngels, Dots for Bits…


Also we have new contacts for crypto conventions, so we are invited to San Francisco (who will attend?), to Bitcoin Camp (Nevada?) and we also spent hours with the Texas guys. It was important to intriduce Nxt to all consultants, advisors and journalists, so now they can talk about Nxt to other more important persons. It was interesting to bank guys. There was a young ambassadors from Deutsche Bundesbank. They are trying to get to the cryptoworld somehow so they are researching the situation.

Read the whole resumé by Salsacz here: http://test.nxter.org/nxt-inside-bitcoins-berlin-conference/


NXTers who are able to show up and represent Nxt should drop a line to Salsacz in the Nxt marketing thread.

Asset Exchange

Follow the AE thread here:

Boobs, motorskins, LOL’s and Zahl’s are being traded – even 1 BCNext is up for sale!

New clients

This week has been explosive when it comes to client releases. Hail to the client devs!


[NEW] Open source, rewrite of the official Nxt client’s browser-based GUI using jQuery and Zurb Foundation 5. Arrived a few hours ago. Features include:

  • Ability to use keyboard shortcuts
  • Ability to set a language for labels and messages
  • Ability to run secret phrases through a substitution cipher
  • Ability to display a QR code of the currently unlocked account
  • Ability to filter transactions by sent, received, confirmed, or unconfirmed
  • Customizing many aspects of Nxs through a config file

nxt client nxsnxs4


I look forward to hearing the community’s comments, questions, and suggestions. I have been working on this project for the past 4 weeks and have seen at least four additional Nxt clients be released since I began working on this. I believe the Nxt community will benefit tremendously from having so much great competition in the area of client software.

Between the client I’m working on, clieNXT and dotNXT, I think the Nxt community should be very well-served going forward!

There are language files for English, Spanish, and French, and a German translation coming up. Other translations are welcome and will be credited in the readme-file. You will find the GitHub repo here.



[NEW] Another surprise client release this week comes from Dgex.
This is a cross platform “offline wallet” for Nxt, that comes with some promising features.

Currently closed source. The source code will be released in the future.
Multiple account control. Display of total NXT holdings value in BTC and EUR. Forging is on by default.
Realtime BTC / NXT market rate and charts. Full info, download links and also a list of future features:


Client updates


Jean Luc has released 0.7.5
Remember always to STAY UPDATED: Check http://localhost:7874/update.html

Clienxt 0.0.5e


NxtSolaris 2.0


Windows Installer 0.7.5 [STABLE]




WesleyH Client

Register for testnet, try the client + AE and messaging. Still in development.


Your client is a wonderful


Freerider AE client


Please note: in terms of User Experience, this is an extremely rough release. However, the implementation of the API backend is complete, robust and multithreaded. The intention is to release a fully open sourced pythonic API, that can be directly inspected and extended by anybody capable of writing python code.




Our Nxt subreddit is growing rapidly. This week the reddit Tipbot arrived.
You can tip a redditor that isn’t registered in the bot yet, and he will receive a message with instructions on how to get his tip. It features off-chain and fractional tips. The source will be published soon after a bit of cleanup and commenting.


How cool is that? Thanks man, now lets spam the DOGE subreddit with NXT tips.

Passion_ltc has been one of the driving forces of this subreddit (+ LOTS of other projects).
He/she announced this week, that he/she will be off nxt until april. We wish you the best of luck!

Nxt Charity

A couple of “NXT doing good” proposals have come up this week.

This site was made:

Songs of Love

Nxters are trying to raise $10k worth of Nxt (170,000) for the non-profit organization Songs of Love. SoL is dedicated to providing personalized songs for children and teens currently facing tough medical, physical or emotional challenges. A kind anonymous Nxter has announced that he will double up any donation up until 100K made before the deadline. Deadline is 17.02.2014. 

Goal: 170,000 Nxt
Paid: 36K Nxt (Feb 18). Total: 72K Nxt.



Carbonfree Nxt

EvilDave has made a proposal for a totally green, carbon-neutral NXT:


It’s difficult to make a proposal like this without getting into the more controversial aspects of the Global Warming debate, as we have seen before on the BTT forum. One of the many good things about NXT is that it has a much lower power consumption than other crypto-currency networks.  There are estimates of NXT vs Bitcoin power use that project that NXT will use 5% of the energy used by Bitcoin, assuming that NXT and BTC are of equal size.


The basic outline of my idea is to have a dedicated fund , maybe from unclaimed coins, that is able to forge enough NXT to pay for a carbon offset program, for the parts of the NXT network that aren’t solar powered.

Very simply: NXT burns electricity, releasing a small amount of CO2 and other pollutants into the atmosphere. A carbon-offset program then compensates for those emissions by lowering (or capturing) emissions, for example by planting trees, investing in clean technologies, scrubbing CO2 or various other techniques.

Get with it here: https://nextcoin.org/index.php/topic,3418.0.html


Last week the first Nxt podcast was released. This week it’s video time!

Tai Zun has video-interviewed Anon136 about Nxt and broken it into 6 pieces:

Who Are The Key Players & Programmers Of The Nextcoin (NXT) Source Code?
What is the nxt arbitrary message system?
What Is A Nextcoin (NXT) Advance Hallmark?
What Is The Timeline For Nextcoin (NXT)’s Infrastructure & Feature Development?
What Is The Difference Between The Bitcoin (BTC) Blockchain Vs. The Nextcoin (NXT) Blockchain?
Why Were Security Flaws Purposely Put Into The Nextcoin (NXT)’s Source Code By It’s Developers?



You know what we need?  UNIFIED LOG IN.



NxtCash is a proposal for an anonymity solution, implemented on top of NXT.

The key features:

  • anonymous – it must be impossible to link sender and receiver
  • trustless – no need for a trusted party
  • decentralized – no need for a single party, no single point of failure
  • cryptographically secure – in providing both anonymity and protecting from malicious attackers, including double-spending attempts
  • efficient – handle a large number of transactions with reasonable response time, don’t put a significant burden on the existing NXT infrastructure and prevent unlimited growth of its own storage


Crosschain transactions


If we are able to work out how to do atomic cross-chain transactions *within* the Nxt platform then that would be a “game changer” (would probably spell the end for exchanges that say take 24 hours to do transfers – only those doing HFT would survive).

There are bounties to develop this, and the future looks bright.

Automated gateway backed by NXT Community


This means that within NXT there will be a decentralized exchange for all the cryptos, possibly within weeks! If the client devs will also add a custom crypto exchange to the clients, NXT will effectively have this built in for all users.


 Keep in mind this is the first step on the path toward fully automated DAC gateways.


Coin Development Kit


I will start the bounty with 25000 NXT. If you also like the coin development kit idea, please make a directed donation.


Not that we want to encourage such things, but the beauty of NXT is that there is nobody that will prevent you from doing a PoW coin on top of it. As long as 1 billion coins is enough, NXT AE seems to be a pretty good platform for customized coins. (…) My hope is that someone that knows how to do this (hint, hint) will publish a reference coin on top of NXT. Then we can extend it by adding customization, etc.

Interested? Go here:


“Does anyone dare with the idea”?


Trekkies and NXTers

Nxt will be one of two official currencies at Trekcon Springfield.



Online wallet


Opticalcarrier just had a marathon configure session to ssl cert our VPS which is now trusted. https://wallet.nxtty.com:7875/ So the community can make use of our online wallet if they wish, courtesy of the Nxt Mobile Applications Company.


Automated Scripts

Klee has funded a team to get this integrated.


Thanks to @klee we have begun a project to enable “scripts” for Nxt which will provide a “Turing complete” method of executing code to do useful things such as “pay dividends to shareholders” of a Nxt Asset. (…) CfB and myself will be sharing technical lead on this project and will be working with a small focused team in order to get this done “right” and as “quickly as possible”.

Follow the development here:

The code will be open sourced when the feature is finished and extensively tested.

If you want to become a payment gateway, you should visit:

Nxt Payment Module

Nxt payment module is being developed for WordPress


Nxt chat with NXT tokens authentification


Contribution-based forging

… is part of BCNext’s plan part 3. Will be revealed in April.

Part 1: Transparent mining, or What makes Nxt a 2nd generation currency
Part 2: Transparent mining 2, or What part of Legacy should be left behind

Forging power leasing in ~1 month


Local signing implemented after launch of AE


Voting System will be added to test next week



nxt monolith


gvans plans for two limited 10 piece series:
Crystal transparent “genesis-monolith” and solid glossy black “darknxt-monolith”.

Number 1/10 will be up for auction later, others are priced 5000 Nxt flat. Pre-order here:



Has been bought. Now it’s up for sale.


…got new owners.
BrooklynBtc has purchased it with a team including support from Msin and voldermort628.


Immediate plans is to update and refresh it. (…) We are looking to add a NXT/LTC pair as well, and whatever else the community is interested in (DOGE?)


Nxt Forging Competition

The one with the lowest amount of Nxt balance while forging a block will be rewarded 1000 Nxt.

Competition ends after the block 79,500 is forged in the Nxt system.

There is currently a valid entry, forging with a low balance of 10,007 Nxt.
Anyone forging with an account balance lower than 10,007 will have a chance of winning this.

Chess Tournament

There are still 2 rounds to go. Check it out HERE.

Starcraft 2 showdown

Prize: 25.000 NXT. The game is today, 18.02.2014. Read more HERE.

NxtDB is open source

Source code for Nxt Database has been released.


Doctorevil / JesseJames has offered his help.
Doctorevil showed his skills last week by hacking genesis account + finding a critical bug.

Set up a free VPS



Vault of Satoshi are ready to implement Nxt


Quote of the week


NXT (incl. AE & TF) + zerocoin functionality + atomic crosschain transactions… mind -> blown


Words of wisdom of the week


We also WANT big companies and small countries to create NXT nodes. THAT is what BCNext was saying!!! The people that are using NXT (directly and mostly indirectly) are the ones that are motivated to add nodes and thus securing the network. At any given time the NXT network + new nodes will always be more secure than just “new nodes”, so the rational thing is for all new NXT adopters to add to the existing NXT network.

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.

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

Berlin Conference

Inside Bitcoins Conference

written by Salsacz.

Bitcoin conf is like a scifi convention with business cards and almost without women. All of them are just nerds in a different stadium of age or wealth. I had to spend 12 hours in 11 buses to get from South Bohemia to Berlin, but all was OK, now snow, so no complications. Me (salsacz), l8rrie and Bitventurere bought network passes, so we could talk business at the conf  hall, while admiral.fu, our sponsor who got t-shirts for us, flew from Sweden and bought a ticket for sessions. I brought business cards, they were essential, + stickers and infographic. It was also useful, some people wanted to talk about myths… But there was no problem to talk about PoS distribution, all Bitcoin lovers now know PoW is not perfect. Bitventurer (Hamburk) brought flyers and one surprise and l8rrie (local), it was our secret weapon, a developer of Asset exchange with very fluent english and native german was very useful 🙂 Btw I was buying not only a conf ticket, but also a hotel by Bitcoins, right before the crash, so I was lucky to sell all my Bitcoins 😀

The job of Nxt conf ambassador is very exhausting, you spend all day by talking about Nxt with tenths of guys. So your legs suffer, your voice and if you are not using your native language, the brain is tired too. So after first day I even didn’t have any dinner, I just passed after I came to the hotel room. It is very different than homeoffice and such jobs should be paid by gold 😀 Especially if you are also dealing with real business and need to decide how much you can spend on bribes for conference organisators. So we gave away one Nxt t-shirt. And little more.

What were the hot topics?
1.   You can build new coins on top of Nxt. We would really like to have some application for that, so you can create a new coin by clicking at one button
2.   Green energy
3.   100% Proof of stake
4.   Zerocoin protocol, Asset exchange
5.   Decentralized apps – twitter, facebook, email, storage, all decentralized and built on top of the Nxt
6.   Decentralized leadership and community
7.   Blockchain shrinking
8.   Positives over Ethereum
9.   DACs, Smart contracts, Lego platform from Ethereum
10.   Decentralized Games, Poker

Which coins were at the conference?
–   Bitcoin – but only some miners..
–   Mastercoin – Mastercoin guys are very kind. We had nice chats, it looks like they are little disappointed with their situation. They have some plans to the future, but right now they even don’t advise to use it. So no competition, but very friendly guys
–   Nxt – 4 ambassadors + 1 guy from the topic, about 2 holders and 10 potential buyers, maybe more. Tons of people talked about buying Nxt so they could catch the train 🙂
How many naked ladies attended a convention?
– 0
I had a funny talk with a guy from Iceland mining company. But he didn’t know it. He was excited as he could answer my questions, but inside me I was rofling how screwed Bitcoins are thanks to this centralized machine. It is based on unfair pow mining that is much cheaper on Iceland. So it will become centralized. Another thing is, you can buy 1 ghash for a year for 8 Dollars. So it is now similar to Nxt. Buying their gigahashes is a proof of stake system, however leading to the centralization.

There weren’t a lot of journalists. But thanks to RT we got a nice attention on TV. A 4 minutes long spot about Bitcoins and Bitcoin conference was on air every hour in the news on RT. The spot from the conf was quite short and then with a little interview with some guy, but then the moderator went to the Bitcoin bar. I was quite surprised how sofisticated, informed and well instroduced were Bitcoins, however there was no place for altcoins or Nxt. Even the interview with BTC China guy wasn’t chosen.

The most interesting guy was probably the CEO from Cryptoventures, an experienced manager, who was born in Italy and the lived in Argentina, Spain and… London? L8rrie will surely provide much detailed info about discussed stuff. Nxt’s altcoins will become a currency in African states and in Casinos. This guy will help provide contacts. We need to provide an easy platform for creating and mainteaning such coins. So the new topic for Nxt article is definitely „How can coins built on top of Nxt’s platform become a national currency and how could they be used, mainteaned and regulated?“ + the same thing with casinos.

We talked with a lot of companies about coordination with Nxt. Or to get more dev contacts, we we would be able to build all decentralized internet on top of the Nxt. We intriduced Nxt to..30-50 people? So now we can cooperate with OpenCoin, Hive, BitAngels, Dots for Bits… Sadly there reren’t exchanges, only real life german and BTC China 😀 Also we have new contacts for crypto conventions, so we are invited to San Francisco (who will attend?), to Bitcoin Camp (Nevada?) and we also spent hours with the Texas guys. It was important to intriduce Nxt to all consultants, advisors and journalists, so now they can talk about Nxt to other more important persons. It was interesting to bank guys. There was a young ambassadors from Deutsche Bundesbank. They are trying to get to the cryptoworld somehow so they are researching the situation.

I am still too tired to think about it from the higher perspective. So just a little conclusion. We need to send 2-4 ambassadors to every Bitcoin conf/convention, it is really essential.

Salsacz takes donations in Nxt: 7781647458681721013
Resource: https://bitcointalk.org/index.php?topic=345619.msg5137706#msg5137706