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Topic: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED) - page 11. (Read 21738 times)

member
Activity: 69
Merit: 10
We are all entering a new era.
Hey! I'd like to pledge 1000 NXT.
member
Activity: 90
Merit: 10
I'm in!

Put me down for 10,000 NXT. If the 10k limit raises, I'll be happy to raise with it!!
sr. member
Activity: 448
Merit: 250
black swan hunter
Hey, I want to pledge 2000 NXT.

One question, If I reconsider and only have 1000 NXT after a while, can I change the number I pledged?

You cannot exceed the amount of your pledge once this offer closes.   

If those who make a pledge are unable to supply the pledged Nxt,  that allocation will be distributed to the general public at the same rate.


Thanks for the answer. In this case I pledge only 1000 NXT.

BTW, limit is 10,000, not 1,000.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Hey, I want to pledge 2000 NXT.

One question, If I reconsider and only have 1000 NXT after a while, can I change the number I pledged?

You cannot exceed the amount of your pledge once this offer closes.   

If those who make a pledge are unable to supply the pledged Nxt,  that allocation will be distributed to the general public at the same rate.


Thanks for the answer. In this case I pledge only 1000 NXT.
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
Hey, I want to pledge 2000 NXT.

One question, If I reconsider and only have 1000 NXT after a while, can I change the number I pledged?

You cannot exceed the amount of your pledge once this offer closes.   

If those who make a pledge are unable to supply the pledged Nxt,  that allocation will be distributed to the general public at the same rate.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Hey, I want to pledge 2000 NXT.

One question, If I reconsider and only have 1000 NXT after a while, can I change the number I pledged?
hero member
Activity: 621
Merit: 507
Radix-The Decentralized Finance Protocol
Count me in too  Smiley. I'm giving 2000 NXT  Wink
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!

I was referring to the NXT announcement, not NEX, never being updated to include changes in the pre-sale buried in the discussion. Having the 300% early adopter bonus which reduced steadily to 100% by block count for NXT pre-sale added to the announcement would have encouraged more people to invest before it was cut off. There were other major changes as well.


We are really busy with developing the system and have not had time to think about the best way to distribute the code.

However,  we can assure you that everything will be spelled out quite clearly prior to any coin exchange.   We are not in need of any funding for development, so there is no need for us to request a pre-sale.

The purpose of this thread is to assess only the potential demand of a new crypto-currency.   We are sufficiently satisfied with what we are seeing.
sr. member
Activity: 448
Merit: 250
black swan hunter

Note: If in the event that NXT prices continues to fall,  we reserve the right to request BTC at an exchange of 0.00007 BTC/NXT.


I'll keep my pledge in but I do not accept this change in terms. You may want to add this along with an explanation to the announcement. A major problem with the initial NXT pre-sale was that changes, like the 300-100% ramp-down in NXT stake per BTC, marker transactions, and ending time or block were not added to the announcement.

The reason why we added this reservation is not due to the possible price fluctuations with BTC,  but because of the possibility of an complete failure of the Nxt system where coins are not exchangeable in exchanges.

Not sure what you mean by 'marker transactions' and 'ending time'.   At this time,  there is no ending time until 1 million Nxt is raised.  At this time we are half way there and believe that once a working implementation is shown that this will close very quickly.

I was referring to the NXT announcement, not NEX, never being updated to include changes in the pre-sale buried in the discussion. Having the 300% early adopter bonus which reduced steadily to 100% by block count for NXT pre-sale added to the announcement would have encouraged more people to invest before it was cut off. There were other major changes as well.
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!

Note: If in the event that NXT prices continues to fall,  we reserve the right to request BTC at an exchange of 0.00007 BTC/NXT.


I'll keep my pledge in but I do not accept this change in terms. You may want to add this along with an explanation to the announcement. A major problem with the initial NXT pre-sale was that changes, like the 300-100% ramp-down in NXT stake per BTC, marker transactions, and ending time or block were not added to the announcement.

The reason why we added this reservation is not due to the possible price fluctuations with BTC,  but because of the possibility of an complete failure of the Nxt system where coins are not exchangeable in exchanges.

Not sure what you mean by 'marker transactions' and 'ending time'.   At this time,  there is no ending time until 1 million Nxt is raised.  At this time we are half way there and believe that once a working implementation is shown that this will close very quickly.
sr. member
Activity: 448
Merit: 250
black swan hunter

Note: If in the event that NXT prices continues to fall,  we reserve the right to request BTC at an exchange of 0.00007 BTC/NXT.


I'll keep my pledge in but I do not accept this change in terms. You may want to add this along with an explanation to the announcement. A major problem with the initial NXT pre-sale was that changes, like the 300-100% ramp-down in NXT stake per BTC, marker transactions, and ending time or block were not added to the announcement.
legendary
Activity: 2955
Merit: 1049
Count me in for 500 NXT
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
5000, OOO
1000, romawi
10000, garicup
10000, nomailing
20000, canth <--- exceeds limit
10000, chetalk
3000, kolbas
10000, teco051
10000, bitular
8000, indigon
4000, homerzhu
2000, nfigueir
5000, tobyliciously
10000, atomiclock
1000, hvezdasmrti
10000, smophf7
10000, ow48uh
10000, rioshock2
1000, fragout
10000, sottymax
4000, LeFiste
10000, soarlyzed
10000, snipedrunk
2000, Swisscoin
5000, dannac
10000, fibbonac1z
10000, vemdoctor9
5000, Siegtal81
5000 irrawaddybtc
10000 Franconomasky
2000 cntrlsquare
10000 Jaguar0625
5000 NapoBear
10000 tylenol3mit
6000 dlog
1000 toolatetoberich?
2465 eXme
10000 miramare
1000 langkeming
1000 steyast012
1100 alrose
7000 bitfromit
1000 icoinv
4000 lenco
1000 Msile
10000 ripplebtc
10000 cremstopper
10000 jajansen
2683 lonesoul
5000 zurra
5000 td services
10000 lda1000
7000 SyRenity
10000 wallacemckart
10000 Attack.of.the.Clones
3000 serogen
4000 atleticofa
7500 Kuttingco
7500 Kuttingcorners
10000 User705
1000 tk808
1000 virtualaddict
10000 Revelations86
2500 psybits
10000 aa417444103
1000 sydorFunk
2500 silanmil
10000 hunglejungle
5000 godt
10000 olano
1000 mingophoria
2000 yshuifejng
7500 mattmct
2000 Onkel S.
2000 Microove
1000 Maverick69
5000 kavin2468
10000 atriz
2000 tk808
10000 cc5alive
2500 Bourbon44
2500 extee
1000 rb2
2000 waytogo
2000 standards
5000 td services (added 5000)
1500 luckygenoug56
3000 bluedude
3000 xperiencia
1000 BitSugar
10000 grajson
10000 wizzardTim
  1000 Abyss_X
10000 Gaman
 3000  bitdraw
 5000 xzh4518
 1000 CoinManiac

10000 ChuckOne
10000 Steyast012
1000 Pierrot20
2000 Skerberus
1000 city19akro

556,000 total <-- 55% of Limit

Limit is 1,000,000 NXT
Limit 10,000 NXT per User
Amounts under 1000 NXT not listed here but will be included

Note: If in the event that NXT prices continues to fall,  we reserve the right to request BTC at an exchange of 0.00007 BTC/NXT.
newbie
Activity: 49
Merit: 0
ok for 1000 NXT
hero member
Activity: 913
Merit: 664
I'm interested and will give 2000 NXT
newbie
Activity: 26
Merit: 0
Count me in for 1000 NXT Smiley
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
This morning, the genesis account for Nxt was compromised:

Quote

Fun fact: the genesis account http://www.mynxt.info/blockexplorer/details.php?action=ac&ac=1739068987193023818 that credited all the original stakeholders used this passphrase:

Quote from: 1984 - George Orwell
It was a bright cold day in April, and the clocks were striking thirteen.

As I've pointed out in my first post https://nextcoin.org/index.php/topic,3608.msg34002.html

1.5% of NXT accounts are trivially crackable with a 15 line script and a widely-available passphrase list (the rockyou leak dataset).

I've let my script keep running on more lists since then and at current measure have recovered the passphrases of a little more than 3% of all accounts that have ever been used.  Since genesis ~8M NXT has been sent to these "weak" accounts.

As I pointed out in my original post, my motivation for doing this was to investigate the root cause of the rash of thefts that had been reported (since I suspected weak passphrases) as well as prod the devs to drop the brainwallet-based key management scheme as the default option.  I actually cracked the genesis account a few days ago but originally thought my code was just buggy when I saw it's balance was negative ... LOL.

As a side note, I should point out that widespread knowledge of the genesis account key isn't a security issue per se.  Although I'd advise devs to be defensive moving forward about the possibility of integer overflow/underflow whenever dealing with amounts/fees now that the whole world has access to an account with a negative balance.


legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
5000, OOO
1000, romawi
10000, garicup
10000, nomailing
20000, canth <--- exceeds limit
10000, chetalk
3000, kolbas
10000, teco051
10000, bitular
8000, indigon
4000, homerzhu
2000, nfigueir
5000, tobyliciously
10000, atomiclock
1000, hvezdasmrti
10000, smophf7
10000, ow48uh
10000, rioshock2
1000, fragout
10000, sottymax
4000, LeFiste
10000, soarlyzed
10000, snipedrunk
2000, Swisscoin
5000, dannac
10000, fibbonac1z
10000, vemdoctor9
5000, Siegtal81
5000 irrawaddybtc
10000 Franconomasky
2000 cntrlsquare
10000 Jaguar0625
5000 NapoBear
10000 tylenol3mit
6000 dlog
1000 toolatetoberich?
2465 eXme
10000 miramare
1000 langkeming
1000 steyast012
1100 alrose
7000 bitfromit
1000 icoinv
4000 lenco
1000 Msile
10000 ripplebtc
10000 cremstopper
10000 jajansen
2683 lonesoul
5000 zurra
5000 td services
10000 lda1000
7000 SyRenity
10000 wallacemckart
10000 Attack.of.the.Clones
3000 serogen
4000 atleticofa
7500 Kuttingco
7500 Kuttingcorners
10000 User705
1000 tk808
1000 virtualaddict
10000 Revelations86
2500 psybits
10000 aa417444103
1000 sydorFunk
2500 silanmil
10000 hunglejungle
5000 godt
10000 olano
1000 mingophoria
2000 yshuifejng
7500 mattmct
2000 Onkel S.
2000 Microove
1000 Maverick69
5000 kavin2468
10000 atriz
2000 tk808
10000 cc5alive
2500 Bourbon44
2500 extee
1000 rb2
2000 waytogo
2000 standards
5000 td services (added 5000)
1500 luckygenoug56
3000 bluedude
3000 xperiencia
1000 BitSugar
10000 grajson
10000 wizzardTim
  1000 Abyss_X
10000 Gaman
 3000  bitdraw
 5000 xzh4518
 1000 CoinManiac

10000 ChuckOne
10000 Steyast012

552,000 total <-- 55% of Limit

Limit is 1,000,000 NXT
Limit 10,000 NXT per User
Amounts under 1000 NXT not listed here but will be included

Note: If in the event that NXT prices continues to fall,  we reserve the right to request BTC at an exchange of 0.00007 BTC/NXT.
member
Activity: 90
Merit: 10
I'm revising my original 1000Nxt pledge to just 10000Nxt =500000 Nex
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
Add me to the list with 10000.

I am curious if you will get NEX up and running; and get somebody to prove the security of your source code.
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