Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 282. (Read 941287 times)

The only way that the REAL public ledger should be changed is if the code was wrong, and there was something wrong with the coin itself.

This would be the only way that a hacker could get say, the 450 million Nxt, in your fantasy. And yes, if the ledger is wrong because of a malfunction of the coin itself, whatever malfunction there might be, that means that the ledger would be incorrect, and of course in that case things must be fixed because the ledger would be wrong. In that case the ledger came to say what it said BECAUSE of a problem with Nxt itself.

THAT IS NOT THE CASE HERE. The ledger is correct. And everyone knows that it is correct. The ledger reflects that Bter, as much as I like the exchange, made a horrible mistake by not having even a simple 2 factor set up, or ever easier and most basic of practices, have the majority of the coins in a COLD WALLET.

We can not just pretend that this never happened. If we want the Nxt ledger to have any integrity at all, we can't just choose the ledger that we like the most. We have to always do everything we can to keep the ledger as accurate as we possibly can. This is the most important thing we can do.

I understand that you may have lost a lot of money, but you can't put Nxt in the crosshairs to help out you, Bter, or anyone else.

The LARGE majority of the forgers are not in favor of a partial rollback. They are not ruthless people that just don't care about you or Bter, they are making the correct choice because they understand that the future of Nxt is at stake. The REAL ledger must be the one we use, or Nxt is no longer Nxt, it would actually be Nxt2, because the REAL Nxt had 45 million of it's coins stolen off of Bter. Period.

Look at Vericoin. Like it or not, the large majority of people see things the way the way the majority of the forgers see it. A fake ledger is a fake coin. There is no going around it.

Do you not care what non-inferior people think? You see how 'consequence' has no logic sometimes?

I regard you and alikes inferior and consequently I care not how I might appear to you and alikes - just like doctor in the sanitorium don't care what his patients think of him.

Reading stuff on holy retardation forum now, Graviton is right:

"In my opinion the solution to block hacker's account only through a hard fork is a sign of exceptional communal resolve. It's not a rollback. It is a collaborative action that
mitigates damage done by a malevolent party. The effect to NXT users is only beneficial. The effect to outside observers is mixed and not prominent. Do not let fear take you
over and prevent you from taking action when it needs to be taken."

You people are scared because of a possible loss of money - pathetic and can't go any lower - and that is why you suck.

As was already pointed out....you are obviously writing on emotion.

Does your education actually allow you to know how uneducated you make yourself appear?

No, you are not right but I have no time to explain additional stuff on the matter. Now you can go back to your favourite place of holy retardation - a forum where I was banned
multiple times (big deal?) for saying the truth and acting like you and alikes didn't liked - oh you Holy! You can also say Hi to that scammer Cointropolis, such a great guy isn't he?

Klee and DGEX cases were not extreme enough to trigger execution of double standards.

@ colin

450M is not a majority stake. And I was not replying to you - I have not quoted your post.

First off, if a hacker managed to get a majority stake, then it would be impossible to do a reorganization as he would hold a majority of the forging power; much like a mining pool getting 51% of the mining power of a PoW coin.

Second, you are not a psychic so don't pretend to know what choice I would make in that situation and what choice I made in this recent decision.

Third, you are making a straw-man argument... a logical fallacy. Your statements about me do not prove your point that there "was no community decision." You are basically making accusations about me, personally; these accusations prove nothing other than the fact that you don't know how to make a logical case for your claim that there "was no community choice." You are relying entirely on emotion and hype to make your point.

Substrata, you were banned for nxtforum for obvious reason. Apart from the offensive language you are blatantly stupid and uneducated.

Just an example, Klee one of the most respected members of NXT were totally hacked weeks ago (yeah, one of the top elite you say). The rollback was not even mentioned in the whole discussion of the issue. Same happened to DGEX and the same, rollback was not an option.

The only reason you are coming with your stupid things here is because you have invested heavily into CRYPTI thru Bter and you are afraid of a bankrupt of Bter where your IPO money goes to shit. Am i right? 

Hey, let's do a test to check what would be "your" decision. Here it is:

Hacker manages to steal all NXT from current majority stakeholders - that means "important" NXT people whos asses you are licking right now - and acquires let's say 450M coins.

1. Ignore and continue forging as if nothing happened. History must not be rewritten and so on.
2. Opt for any fucking shit people who lost coins would come up with - hardfork, blocking of accounts, rollback, deletion of transactions - to protect NXT (their wealth actualy).

Yes, you would chose 2. which proves that:

a. You are clueless dumb follower.
b. There are double standards in part of NXT community - Bter is (just like me) an outsider, not a part of mighty NXT "elite" and hence not worthy of "your" holy interventions.

Recommended read is linked below, absolutely neccessary so that you eventualy realise who exactly you are protecting here - actualy, I will say it because your capabilities are
very limited = you are not protecting NXT because it (as a software) does not give a fuck about any of it and will continue to live for as long as 2 nodes are online and
at least 1 of them is forging. That is NXT, you idiots!

http://kolinevans.wordpress.com/2014/07/31/cryptocurrency-to-cryptocurrency-ipos-are-a-completely-corrupt-deception-the-simple-technical-guide

A) You don't sound smart when you don't use proper grammar.

B) No community decision implies that options were not provided. In fact, they were provided in a very clear manner with a lot of publicity. I am not asking that you agree with the NXT community's decision, just to recognize that it was made by the community. Our developers worked tirelessly to provide the 1.2.5f version of the client to the community so that the community could make the decision. If the developers had wanted, they could have just refused to make the optional client update and made the decision about the blockchain reorganization themselves. However, in the spirit of decentralization, they provided the option to the community and the majority of the community declined it. In fact, over 2/3rds of the community declined to perform the optional update that would have enacted the reorganization.

I can tell you my opinion.

NXT will survive and go up again.

!!!
https://nxtforum.org/news-and-announcements/three-solutions-proposed-by-bter-com-%28200btc-deal-or-310btc-bounty-or-fork%29/

ok i'm in. let's do it бля

Can anybody tell me if NXT will survive this and go up again?

NOT TOO LATE

NOT A ROLLBACK

This would be insane not to do, simple fork, hacker dont get his theft, community dont lose out big time and Bter dont die!!!! Once again this is NOT a rollback, just a fork, only the hackers theft gets reversed. All you purists get a grip!!!!
edit:and NXT dont get dumped to the tune of 50 million!!!!

You have already done exactly that, mindless idiot.

It is a hard fork, see jean lucs post half way down
https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/1620/

why is not too late? 720 blocks off.

Get on https://nxtforum.org/nrs-releases/nrs-v1-2-5f/ , this is NOT a rollback all it does is freeze outgoing transactions from BTER on 15 Aug ie: the 50 million, Everyone get using NOW!!!!  Its NOT too late!!!!!

The problem is making a fake public ledger is not in anyones best interest.

Nxt  passed a big test. It made the hard choice.

I know you think it's ok to rewrite history if it looks like a good option.

That is not the purpose of the public ledger.

The public ledger is there to show what happened in REAL LIFE.

If there is not a problem with the code. We stick with the correct code and the CORRECT public ledger.

We can not just pick and choose what public ledger suits us best, or it loses all credibility.

The Nxt public ledger is the correct one, the real one. The world has been shown that this will most likey continue to be the case, and this is a VERY GOOD THING for Nxt.

GREAT JOB GUYS!!