However, not only that, it will be extremely innovative.
This is interesting! More fun expected...
Topic: [ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness! - page 21. (Read 102001 times)
January 30, 2014, 01:46:44 AM
This is interesting! More fun expected...
January 29, 2014, 08:19:41 PM
Interested/reserved
January 29, 2014, 07:49:36 PM
I'm interested 
Seriously though, if done correctly this could be amazing.
Seriously though, if done correctly this could be amazing.
Yes exactly. We want to do this correctly.
However, not only that, it will be extremely innovative.
January 29, 2014, 07:35:56 PM
I'm interested
Seriously though, if done correctly this could be amazing.
Seriously though, if done correctly this could be amazing.
January 29, 2014, 04:56:56 PM
Interested!
Come-from-Beyond -- you need a smack if you didn't realize a flaw that big in Nxt.
Come-from-Beyond -- you need a smack if you didn't realize a flaw that big in Nxt.
I don't think they realize it is a flaw.
It is the same with the private key that they are sending out for all accounts. They don't think it is a flaw.
The inside joke though is that you can mine NXT with GPU farms, cracking secret phrases and rewriting transactions.
FC refused to create a separate thread to discuss the flaw. Looks like he became smarter, so we won't have much fun there. Let's leave him for a week, maybe he will find something really funny...
January 29, 2014, 03:38:59 PM
I'm desirably in
Interested
Interested
January 29, 2014, 03:28:49 PM
Interested!
Come-from-Beyond -- you need a smack if you didn't realize a flaw that big in Nxt.
Come-from-Beyond -- you need a smack if you didn't realize a flaw that big in Nxt.
I don't think they realize it is a flaw.
It is the same with the private key that they are sending out for all accounts. They don't think it is a flaw.
The inside joke though is that you can mine NXT with GPU farms, cracking secret phrases and rewriting transactions.
January 29, 2014, 02:35:16 PM
Interested
January 29, 2014, 02:24:31 PM
I don't think they realize it is a flaw.
It is the same with the private key that they are sending out for all accounts. They don't think it is a flaw.
The inside joke though is that you can mine NXT with GPU farms, cracking secret phrases and rewriting transactions.
It is the same with the private key that they are sending out for all accounts. They don't think it is a flaw.
The inside joke though is that you can mine NXT with GPU farms, cracking secret phrases and rewriting transactions.
Quoted.
Not the first time we've seen this from the FCs....
Hmmm... for just a moment... I had an idea for a Nxt hacking toolkit.
It works like this:
It scans the block chain for active Nxt accounts with balances.
Then it uses hashcat (see: http://hashcat.net/oclhashcat/#features-algos ) to crack the secret phrases.
Any match with any of the existing Nxt public addresses essentially cracks the account.
The account then is silently drained of its holdings.
I wonder how much people who pay for such a toolkit?
It works like this:
It scans the block chain for active Nxt accounts with balances.
Then it uses hashcat (see: http://hashcat.net/oclhashcat/#features-algos ) to crack the secret phrases.
Any match with any of the existing Nxt public addresses essentially cracks the account.
The account then is silently drained of its holdings.
I wonder how much people who pay for such a toolkit?
U should do it.
January 29, 2014, 02:07:09 PM
I don't think they realize it is a flaw.
It is the same with the private key that they are sending out for all accounts. They don't think it is a flaw.
The inside joke though is that you can mine NXT with GPU farms, cracking secret phrases and rewriting transactions.
It is the same with the private key that they are sending out for all accounts. They don't think it is a flaw.
The inside joke though is that you can mine NXT with GPU farms, cracking secret phrases and rewriting transactions.
Quoted.
January 29, 2014, 02:06:35 PM
Come-from-Beyond -- you need a smack if you didn't realize a flaw that big in Nxt.
FC, stop talking to me using other accounts plz.
January 29, 2014, 02:04:00 PM
Interested!
Come-from-Beyond -- you need a smack if you didn't realize a flaw that big in Nxt.
Come-from-Beyond -- you need a smack if you didn't realize a flaw that big in Nxt.
I don't think they realize it is a flaw.
It is the same with the private key that they are sending out for all accounts. They don't think it is a flaw.
The inside joke though is that you can mine NXT with GPU farms, cracking secret phrases and rewriting transactions.
January 29, 2014, 01:13:37 PM
Yes they are, all inputs linked to the hash of the previous output. You cannot create a valid Bitcoin transaction without the previous hash.
So you are saying Nxt doesn't have this critical Bitcoin feature? Every alt-coin in existence has this feature, but for some strange reason Nxt does not. I think the burden of proof is on your court. You need a strong explanation why your timestamp solution is sufficient.
I doubt you will find it because Satoshi would not have gone through all the trouble of linking transactions.
So you are saying Nxt doesn't have this critical Bitcoin feature? Every alt-coin in existence has this feature, but for some strange reason Nxt does not. I think the burden of proof is on your court. You need a strong explanation why your timestamp solution is sufficient.
I doubt you will find it because Satoshi would not have gone through all the trouble of linking transactions.
Looks like u found a fatal flaw in Nxt. U should create a separate thread for this. Put the link here, so I could watch it.
No need. Recorded here for posterity.
Come on, show must go on!
January 29, 2014, 01:12:12 PM
Yes they are, all inputs linked to the hash of the previous output. You cannot create a valid Bitcoin transaction without the previous hash.
So you are saying Nxt doesn't have this critical Bitcoin feature? Every alt-coin in existence has this feature, but for some strange reason Nxt does not. I think the burden of proof is on your court. You need a strong explanation why your timestamp solution is sufficient.
I doubt you will find it because Satoshi would not have gone through all the trouble of linking transactions.
So you are saying Nxt doesn't have this critical Bitcoin feature? Every alt-coin in existence has this feature, but for some strange reason Nxt does not. I think the burden of proof is on your court. You need a strong explanation why your timestamp solution is sufficient.
I doubt you will find it because Satoshi would not have gone through all the trouble of linking transactions.
Looks like u found a fatal flaw in Nxt. U should create a separate thread for this. Put the link here, so I could watch it.
No need. Recorded here for posterity.
January 29, 2014, 01:05:06 PM
Interested!
Come-from-Beyond -- you need a smack if you didn't realize a flaw that big in Nxt.
Come-from-Beyond -- you need a smack if you didn't realize a flaw that big in Nxt.
January 29, 2014, 01:04:40 PM
interested
January 29, 2014, 01:00:43 PM
Yes they are, all inputs linked to the hash of the previous output. You cannot create a valid Bitcoin transaction without the previous hash.
So you are saying Nxt doesn't have this critical Bitcoin feature? Every alt-coin in existence has this feature, but for some strange reason Nxt does not. I think the burden of proof is on your court. You need a strong explanation why your timestamp solution is sufficient.
I doubt you will find it because Satoshi would not have gone through all the trouble of linking transactions.
So you are saying Nxt doesn't have this critical Bitcoin feature? Every alt-coin in existence has this feature, but for some strange reason Nxt does not. I think the burden of proof is on your court. You need a strong explanation why your timestamp solution is sufficient.
I doubt you will find it because Satoshi would not have gone through all the trouble of linking transactions.
Looks like u found a fatal flaw in Nxt. U should create a separate thread for this. Put the link here, so I could watch it.
January 29, 2014, 12:58:29 PM
What is the explanation why Nxt does not need to link transactions together while Bitcoin does?
Nxt does link transactions. Implicitly.
Linked by timestamp, not cryptographically linked. Major difference.
Actually, more like 'ordered by timestamp', not linked.
What if timestamps are fake, then what do you do?
Bitcoin transaction r not "cryptographically" linked.
Ordered by timestamp and id if timestamp is the same.
Timestamps can't be fake, blockchain ensures this.
Yes they are, all inputs linked to the hash of the previous output. You cannot create a valid Bitcoin transaction without the previous hash.
So you are saying Nxt doesn't have this critical Bitcoin feature? Every alt-coin in existence has this feature, but for some strange reason Nxt does not. I think the burden of proof is on your court. You need a strong explanation why your timestamp solution is sufficient.
I doubt you will find it because Satoshi would not have gone through all the trouble of linking transactions.
January 29, 2014, 12:52:10 PM
What is the explanation why Nxt does not need to link transactions together while Bitcoin does?
Nxt does link transactions. Implicitly.
Linked by timestamp, not cryptographically linked. Major difference.
Actually, more like 'ordered by timestamp', not linked.
What if timestamps are fake, then what do you do?
Bitcoin transaction r not "cryptographically" linked.
Ordered by timestamp and id if timestamp is the same.
Timestamps can't be fake, blockchain ensures this.
January 29, 2014, 12:49:23 PM
What is the explanation why Nxt does not need to link transactions together while Bitcoin does?
Nxt does link transactions. Implicitly.
Linked by timestamp, not cryptographically linked. Major difference.
Actually, more like 'ordered by timestamp', not linked.
What if timestamps are fake, then what do you do?
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