Goddamn! Pretty rough lol

Yw. Not a terrible idea (you'll figure out pretty quickly if you're making more than electricity costs) just know that it'll pretty much be like keeping a heater on in that room 24/7 haha, probably not a bad thing if you're in a cold climate

Hello,

We will be doing a little test giveaway.



Just introduce yourself in the Go Nxt! Campaign thread and some words telling everyone why you love Nxt: https://nxtforum.org/assets-board/go...ive-giveaway)/

First 33 people get 10 Nxt.

And please do not forget to post your Nxt wallet address.

Thanks.

edit: I stress that you really tell us what you love about Nxt or how you can contribute to the Nxt community. All 'hi can I has Nxt?' posts will be ignored.

Update on monthly interest I give for the following coin loans:

VRC - 40,000 coins (5% interest per month)
Crypt - 3000 coins (15% interest per month)
SC -100,000 coins (5% interest per month)

Have a look at XC anonymous platform.
it's the best outsider of Darkcoin with a great Team.
Tonight the team will release a big update (REV 2), XC will have the best anonymous technollogy (Xnode + mixer already working) over Darkcoin with marketcap difference of x12.
XC is also a long term investment with a lot of interesting devellopment (blockchain 2.0, Encrypted instant messaging, encrypted IRC style communications, Android wallet...).

https://bitcointalk.org/index.php?topic=630547.0

Official forum:
http://forum.xctalk.com/

Team presentation:
http://xc-official.com/XCPlatform/14...cement%20D.pdf

Best exchange:
https://www.mintpal.com/market/XC/BTC

Good Trade!

Smart Oracles: Building Business Logic With Smart Contracts



Smart contracts with Codius

The Codius implementation of smart oracles is designed to provide developers with a robust and familiar platform to build smart contracts and hit the ground running. Because Codius uses Google’s Native Client to sandbox untrusted code, developers can write contracts in any programming language.

Codius and smart oracles in general open up new possibilities for developers, entrepreneurs, and enterprising legal and financial professionals. Agreements that previously required lengthy legal contracts can be translated into code and run automatically by smart oracles.

Smart contracts hold the potential to empower people to build a fairer, more affordable and more efficient legal system and smart oracles are one of the simplest ways to realize that dream.

Potential use cases:

Bridges between value networks. Distributed networks like Bitcoin and Ripple maintain separate ledgers or blockchains that track accounts and balances. Traditional financial systems have their own ledgers as well. Contracts built on smart oracles can create automatic and fully trustworthy bridges between disparate systems. Such a bridge could accept payments in one system and immediately issue a balance or initiate a payment in another.

Escrow. Smart contracts can easily be set up as escrow accounts that monitor an exchange between two people.

Cryptocurrency wallet controls. Currently Bitcoin and Ripple have no good mechanism for enabling pull payments, where the seller can initiate a payment on behalf of the buyer in the way that credit and debit cards do. Wallets controlled by contracts could include many different types of complex controls, from daily withdrawal limits to granting and revoking access for specific entities. This would enable subscription and conditional payments, and granular controls over wallet access without disclosing the private key.

Auctions for digital assets. A smart contract can trivially carry out the rules for an auction if it is given ownership over a digital asset or title.
Derivatives. Contracts that monitor the performance of digital or non-digital assets can also be used as futures, forwards, swaps, options.

Debt and equity. Other securities based on payments and rights that are carried out according to predefined rules can also be written as smart contracts.
Smart property. The classic example of smart property is a car that knows who its owner is based on a transferable but non-forgeable digital token. Contracts can be set up to govern the transfer of ownership and accompanying rules.

Voting. In the future smart contracts can be used to enforce democratic, bureaucratic, and other types of control structures over assets or even organizations.
Since the system is so extensible, the functionality will continue to expand as the ecosystem develops. Want to get involved? Join the community! Visit www.codius.org.

source: https://ripple.com/blog/smart-oracle...art-contracts/

thoughts on the SYNC announcement? mostly meaningless or do you think it adds enough valuable to be viable at all?

What they propose can only be described as draconian.

Crazy stuff alright. Anyone who creates an altcoin that can be used by someone in the state of NY has to register. So according to this, you will be committing a crime by simply forking open source code (unless you register with them).

good. makes forks less likely. however, forks can come from anywhere, not just new york, so doesn't really change anything on that front.

According to the regulation if you create an altcoin and it is used by anyone in New York and you aren't registered, then you are committing a crime. Doesn't seem to matter that you don't control it after it's created.

Some summaries of the regulations.
http://www.reddit.com/r/Bitcoin/comm...re_the/cizzoyn
http://www.reddit.com/r/Bitcoin/comm...re_the/cizyqyz

I mean it blows and is an annoying precedent but wtf block NY users and move on, the people of NY should make a big enough fuss (we hope) that it gets corrected

Other states will simply follow suit and soon you'll be posting "just block NY and those other 32 states and move on". That said, you're right, there is nothing else to be done. Just serve ROW users.

So register when you create your altcoin. Or just don't create altcoins since they are pointless.

What if you tweak Bitcoin in some way? Is a core developer creating a new coin when they modify the protocol? Afterall, people can use the "original" Bitcoin without changes. Any core developer could potentially be charged with a crime if they don't have a bit license.

This regulation is so overly broad, many people will fall under it. The idea "don't let anyone from NY use it" is a bit of a problem because there is no way to do that in many cases, or if there is, it's incredibly expensive.

Although LOL @ anyone who didn't see this coming. Regulators gonna stifle any kind of innovation they can.

keep in mind this is proposed regulations and lawsky et al are listening to comments and critique

MultiGateWay for Nxt is Online!

http://multigateway.com

WHAT IS MULTIGATEWAY (MGW)?

The Multigateway Service allows you to move cryptocurrencies in and out of the Nxt Asset Exchange, the peer-to-peer exchange built into the Nxt software that brings decentralized trading with no trading fees. To see the coins currently supported by MGW, jump to Supported Coins.

HOW DOES MGW WORK?

MGW creates for you one deposit address for each of the supported coins. When you send coins to that deposit address, MGW will deliver to your Nxt account the same amount of coin assets. Coin assets can be traded in the Nxt Asset Exchange like any other asset: you can buy them with NXT, sell them for NXT and send them to any other Nxt user with the fast speed of the Nxt network.

Reversely, MGW allows you to easily withdraw your coin assets back into your corresponding coin wallet, with the lowest withdrawal fee in the market – equivalent to the minimum transaction fee for the coin.

Every coin asset is equivalent to one coin. The coin assets are backed up by the coins deposited in MGW, stored by the three MGW servers in a multisignature account for every supported coin.

In a multisignature account, the same address has several associated private keys or signatures. This means the servers have to agree, each of them providing their signature, in order to process the coin transactions, in a similar way to joint bank accounts. The use of multisignature accounts and independent servers is what makes MGW much more secure than any traditional centralized exchange account.

"listening". More like fishing for more to add. Or maybe they propose such awful regulations so when they take out some of it, people are relieved instead of outraged.

Hey all, I just invested in my second altcoin ever (first XMR) and now this. It's called syscoin and they're having their IPO launch today. Looks like a promising group of devs, and I have a feeling it should be +EV. Just my opinion though. If you like these sort of things, go check them out. But as always, please invest at your own discretion and only amounts you are completely fine with losing.

Is it being added to any exchanges? Where did you buy?

This is the thread: https://bitcointalk.org/index.php?topic=699278.0

I just skimmed through the last ~10 pages of that thread and the pre-sale is not going very smoothly. Fixed market cap is turning off a lot of people from buying because they think it's too high. I think an alternative would be to wait and see if the big exchanges like polo and bittrex decide to add this coin once it's officially launched in August after the pre-sale ends, and buy then.

I think this is a really promising coin, with a very transparent dev team that is building something for the long term. But getting that snowball adoption could be a very serious problem, based on some of the initial feedback they're getting.

IMO, worth 1 BTC to just hold for the long term (1-2 years at least).

Time to buy some Ethers...

https://www.ethereum.org/

wish they didn't make their sale so long, VIA did it right imho

We're going to put up some over/under lines for the final BTC raised in the Ethereum IPO on BetXCP. Does anyone have any guesses as to what the final amount might be? I want to try and get a couple reasonable options up, but am unsure what the general opinion is.

general opinion = 30m in USD

I like the Ethereum concept, but not sure how optimistic I am about it's future value.