Topic: [ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness! - page 23. (Read 102001 times)

It's linked implicitly (in Bitcoin it's explicitly).

6-8 weeks.   We will take considerable time making sure the coin is hardened.

One last question about Nxt,  why is it not required that transactions need to be linked to previous transactions? 

So u will write ur own code from scratch. Any ETA on a beta version?

Professionally,  Nxt coin is riddled with fundamental issues.   I would not invest in it until a independent 3rd party reviews the code.  

We don't even have to look at the code to know its flaws.  You can go to the Russian section of Bitcointalk  (google transate it)  and all the problems are talked about there.  

So to answer your question about 'injected flaws',  I think they are more like 'fundamental flaws'.

In Nxt,  the code doesn't even handle private-public key encryption correctly.   Hint:  A private key is meant to be private... not public!

Interested

No.

PS: I answered ur question, what about mine?

Edit:No.

Curious,  are you also anonymous like BCNext?

Also,  are you the same person as BCNext?

interested

This doesn't look as an answer to my question. Could u paraphrase it plz?

Means, let me switch dresses personality and ask myself 

Sorry Carlos couldn't resist - am I still on your ignore list btw?

Maybe you didn't realize that NEX code itself is riddled with security flaws that needs a ton of work to be fixed. 

TL:DR

Exchanging a vritual currency like Nxt for another virtual currency like NEX does not mean you are an investor in CodeAudit Corp.

If CodeAudit Corp sold you a virtual coin,  say a DOGE coin,  it does not mean that you are an investor in the company.  

Now this notion that you are in the Neatherlands and can't be sued for defamation.   Let me check the lawyers about that.

Besides,  why would a private company send any information to an individual who is anonymous?

In fact,  why is everyone in the Nxt community, anonymous?

interested

interested

FrictionlessCoin, solracx, Carlos Perez and the CodeAudit.com corporation of Delaware, come on down!
(I'll refer to you collectively as "the FCs" for much of this post)

This posting is my reply to your threat of legal action against myself and others, accusing us of defamation of a corporation, ie CodeAudit.com, and of it's president/CEO/owner/whatever Mr. Carlos Perez.

I don´t have a hell of a lot of time to deal with this, so I´m going to skip the usual sarcasm and comedy and simply deal with the legal facts as they apply to both CodeAudit.coms corporate activities and the activities of myself (and other) private individuals in connection with our criticisms of  CodeAudit.com.

For those of you who have no idea what is going on:
Read the following threads:

https://bitcointalksearch.org/topic/ann-offer-nxt-to-nex-exchange-one-nxt-to-50-nex-coins-limited-424724  (replies here, please)

https://bitcointalksearch.org/topic/ann-nex-nxt-reimagined-industrial-strength-imagine-fairness-422052  (this one)

https://bitcointalksearch.org/topic/ann-nxt-to-nex-buy-in-exchange-1-nxt-for-50-nex-moderated-429399 

the tl:dr version is:
Myself and others criticise the FCs activities in connection with NXT and nex, the FCs suddenly claim to be a corporation in order to be able to file a suit of corporate defamation against us in order to make us shut the fuck up.

Heres the moment the FCs first publicly claimed to be a corporation:




Here are a couple of his threats of legal action:


and:




After these threats of legal action, I decided to talk to some lawyers and do some research, which I think the FCs should have done first....

Point number one: legal action by the FCs against myself and others.

The FCs had a good point, unfair criticism of a corporation can lead to justifiable legal action.
But: the FCs did not declare themselves to be a corporate entity for quite some time, so any criticism of the FCs from before that moment is inadmissible for the FCs in any defamation case.
However, as a defendant and a private individual , I can bring all of this thread (and other relevant threads) into my defence and any further counter-suit that I feel like bringing against the FCs for malicious prosecution.

So the FCs havent got a snowballs chance in Hell of winning a defamation suit, given that the only evidence is this thread and others. He does have a real chance of losing a counter-suit for malicious prosecution, though.

My last 3 points on the FCs defamation suit:
Defamation of a corporation is a civil matter, and therefore non-extraditable, even between different US states. So, unless u are a critic of the FCs and live in Maryland or Delaware, u can simply cross those states off your list of places to visit and stick your fingers up at the FCS.

I live in the Netherlands, so I completely can't be extradited for civil charges. 
And who knew that the US of A was so keen on free speech for the individual ?
And all those rights as a private individual that simply don't apply to corporations.

For example: disclosure of corporate information vs private information.
If someone were to post the FCs private address details, that would be wrong, but as the FCs are now a corporation, all of the details of that corporation can be freely published, because they are a matter of public record.


But that doesnt really matter, because the FCs have created a much bigger problem for themselves:

Now we come to the fun bit, at least for me.
Not so funny for the FCs, I think, or their investors.
Corporations are governed by much stricter legal requirements than private individuals. As a private individual I can start up a crypto-currency and ask freely for investments. No problem at all.....if it goes to shit, there is very little investors can do about it.

If a corporation actively recruits investors, but does not disclose to these investors that they are investing in a corporate project, then the corporation and its officers can be prosecuted for obtaining funds under false pretences. This is actually a proper criminal offence and can get you something in the region of 5-15 years state prison time.

Just to throw some more on top, because the investors where recruited via the internet, the Federal authorities can treat it as a form of wire fraud, which gets u another 5-15 years in a real "fuck u in the ass" federal penitentiary.

In case no-one noticed, the FC's have never stated that nex was a corporate project until last Saturday......ooops!!
And do all of their previous projects now qualify as corporate projects.......?

All it will take is one person with an issue with the FCs to step up to the Federal authorities with a complaint against them and they are in deep shit.
All because they couldn't handle some criticism, and decided to pull a sneaky trick to shut some annoying people up.
Genius move , FCs, gotta admire your brilliance.
(as a note: I'm not gonna press charges against them, unless they get really stupid. Somebody else might, tho')

And here is a sneaky manouver from me:

INTERESTED.  I hereby pledge one NXT to be exchanged for 50 nex.
Hey, I am now a corporate investor in the nex project from Code Audit.com. Yay!

As an investor, I hereby request that CodeAudit.com posts:

Copies of its incorporation papers.
A comprehensive list of it's past, current and future activites.
A comprehensive list of it's officers, executives and employees.
And copies of its filed yearly tax returns, accounts and yearly reports for the last 5 years.

Within 72 hours would be nice, Google Doc links are acceptable.

So, FCs, the ball is in your court, have fun!


TL:DR version:
FCs have no chance in defamation case, open themselves up to Federal fraud charges.
EvilDave demands copies of every piece of paper CodeAudit.com has ever filed.
If the FCs have threatened you with legal action, don't worry unless u live in Maryland or Delaware.

Thx. This brings peace to my mind. I still want to hear his answer. Oops, I meant his answer posted from his original account. 

Interested!

CfB, don't be a fool...  you know that FrictionlessCoin will be fixing any flaws and probably removing tons of other newbie mistakes you've made.

I was away for 4 days. Have u answered my question about the situation that NEX can't use published source code due to injected fatal flaw nor decompiled binaries of the current Nxt version due to traps that r fatal too?

INTERESTED