NXT is an open source[citation needed] cryptocurrency and payment network launched in 2013 by anonymous software developer BCNext.[1] It uses proof-of-stake to reach consensus for transactions—as such, there is a static money supply. Unlike Bitcoin, there is no mining.[2][3] NXT was specifically conceived as a flexible platform around build applications and financial services, and serves as basis for ARDR (Ardor), a blockchain-as-a-service multichain platform developed by Jelurida, and IoTeX (cryptocurrency)[4] the current steward of NXT as of 2021.[5] NXT has been covered extensively in the "Call for Evidence" report by ESMA.[6]
Signum (formerly Burstcoin) is a cryptocurrency that was created in 2014. It originated as a fork of the NXT blockchain and its codebase. It is based on the Proof-of-Capacity (PoC) consensus algorithm, which allows users to participate in mining using their hard drive space instead of computing power. This makes it more accessible and environmentally friendly compared to other cryptocurrencies that rely on Proof-of-Work (PoW). In 2020, the Burstcoin community rebranded the coin to Signum as part of a larger effort to expand its reach and improve its technology. The project continues to be actively developed and has a strong community of supporters.
Ordinal Inscribers are now paying Bitcoin mining pools to construct blocks for them with zero or minimal financial transactions, so that all of their images get inscribed in sequential order. They are not using the normal block construction methods. They are including these in the next block over the counter or behind closed doors. This has happened 3 times so far with 3 different pools. Luxor, Foundry, and the latest one was from Terra Pool. These out of band blocks are creating a secondary marketplace outside of Bitcoin's normal block construction methods. Miners are now talking about selling blocks before they are found. Thoughts?
My concern is that this shows a path to a DOS: Contract with multiple miners to prioritize a large number of such blocks during a period of price runups/crashes and the frantic high volume of txns.
Price just went up
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What did the big chimney say to the little chimney? You’re too young to smoke
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Thank you I need a advance on my pay.
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So the only way that I would get any kind of compensation is buys zapps, correct?
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Needs a zapper
Dollar cost averaging
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I see that certain times are better for giving away Sats. So does anybody know what the budget is for Nostr?
Looks like everybody’s four letter wording it. Hey you know what work is…. it’s a four letter word.🤣😂🤣😂
Got anything left in there.
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