Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1113. (Read 2761629 times)

legendary
Activity: 2142
Merit: 1010
Newbie
your are mindless sheeple, not seing the big red flags BIG RED FLAGS with whit paper, client, development

Fixed that for u.
legendary
Activity: 2142
Merit: 1010
Newbie
CfB, do you know which ideas suggested by the community BCNext puts in account control?

No.
newbie
Activity: 39
Merit: 0

i no it duznt work like that and im not saying i want something for nothin. and i dont dispise whales.. never said that ether.. i was only puttin an idea out there... i wasnt trying to tell any one what to do. you want new ppl on board.. try not shooting them down and lookin down your nose at them when they have an idea or ask questions and you will do just fine! im not a programmer nor a business man or anything. all i was trying to say is it would partly solve distribution between acc's and attract new users and there would be more ppl forging.. which i thought would be beneficial. but ok maby i was wrong.. no need to be a dick about it.

Well, i do not want to be mean. But you'd have a better time here if your posts were formatted and written in a way which is easier to read.
Right now it looks like a big wall of text and then you are asking questions without reading up on the topic and spelling your words in a lingo-way which is difficult to get for non-native speakers. My spelling and grammar also isn't perfect, but it sure helps to try.

I like your idea to reward contribution of bandwith. This is basically what NxT does, but perhaps it could be done more accurate.
I also imagined another proof system: Proof of Storage and Bandwidth. Imagine a bit-torrent like network, giving coins to the users contributing most to the file sharing. But all those ideas are difficult to make cryptographically viable.
legendary
Activity: 2142
Merit: 1010
Newbie
I am the only one seing the big red flags here, they are all blinded by the mesiah his words, they lost all feeling with facts.

Facts? Hehe, this reminded me ur attempt to troll Fuserleer. He posted a picture of his passport and now u can't troll eMunie, so u came here. After I stopped trolling FC I hadn't much fun. Keep up ur hard work, plz.
sr. member
Activity: 404
Merit: 250
https://nxtforum.org/
Look whats happening with bitcoin!

MtGox, the oldest and once-largest bitcoin exchange, appears to have a serious problem. Since about a week ago, clients’ bitcoin withdrawals have been deducted from their account, but the clients never received the money – the money withdrawn was effectively disappeared into thin air. The community is furious and as of now, MtGox has racked up over USD 38 million in such unfulfilled withdrawals.

Source: http://falkvinge.net/2014/02/04/major-bitcoin-exchange-not-executing-withdrawals-now-owes-clients-38m-in-disappeared-money/

Asset Exchange is going to be a game changer!
We going to rule to world!
WE ARE SKYNXT!
legendary
Activity: 2142
Merit: 1010
Newbie
1) We already have a finished client for AE.....but it doesn't look pretty....also includes some fancy stuff.

2) The client should NOT be delayed further....if its working why not release version 1....version 1.1 can come at months end.

Let's arrange a date, when we launch testnet for everyone.
legendary
Activity: 1162
Merit: 1005
Guys & Gals,

Can we do each other a favor and ignore Emule, as a community act?  Wink

He adds nothing of value to the discussion and distracts many of us.

If you are with me on this, hit the [Ignore] button, it's there to be used!

+1 talking with Emule leads this thread posts count to the blocks in blockchain number.
legendary
Activity: 2142
Merit: 1010
Newbie
I had 2 accounts 50M...

Any chance that ur real name is J. K. Rowling?
legendary
Activity: 2142
Merit: 1010
Newbie
correct, this is not a problem for new users or users without unicode keyphrases but don't know how many e.g. chinese users we have now using chinese symbols as keyphrase.
anyway, i am finishing apphub now. it was already planed to include unicode into hive and apphub is part of this.

Is it possible to postpone release a little so other AE client devs catch u?

 Cheesy Cheesy Cheesy

no need to ask coz there is nothing to postpone, your agenda is so obvious

Troll harder, 22 hours left...
newbie
Activity: 39
Merit: 0
...

well could you do what i said and also have it so every account forging must be providing bandwith? if thats even possible?

That would at least not be trivial to do. You could call it proof of bandwidth and create a new altcoin.

im not talking about making a new coin... im talking about increasing distribution and the number of ppl forging? will it not be a problem if say 100 percent of ppl use nxt.. but only 1 percent forge... i dont see how that could work? would you not need alot more then 1 percent forging to handle that amount of tx's?

You don't see how it can work because you're probably assuming that everyone thinks like you.


im not assuming everyone thinks like me. how many ppl would need to be forging if nxt got as big as visa/mastercard in order to process tx at the necessary rate?? thats the part i dont have a clue about. would the amount of ppl with large accounts forging be enough? or will it be a case of anyone that has there client open is automatically forging?

See, everybody forges if she uses a client. If somebody sends a transaction, then she will use her client for that, donating bandwith and forging for a short time. Of course she won't get any block if she hasn't got a huge amount of nxt, but still she will need to update her blockchain to see if her transaction got through. Thus she needs to be forging for a while.

full member
Activity: 196
Merit: 100
how many ppl would need to be forging if nxt got as big as visa/mastercard in order to process tx at the necessary rate??

Due to Transparent Forging, you could theoretically have only one dude forging by himself and keep the network running.

That one guy just would have to have enough bandwidth available to receive all the transactions, which should be doable with a standard home broadband line.
legendary
Activity: 2142
Merit: 1010
Newbie
Did the NXT course fall due to that dump ... to 0.00006 BTC or lower  ?
I've inactively followed the course, but lately it has been 0.00007x .. 0.00008x

Price became higher after his dump. He catched the lowest price perfectly.
hero member
Activity: 840
Merit: 1002
Simcoin Developer
Is that a guess or a fact? If it is a fact, please give me the links to the corresponding papers/tweets/reddit posts.

http://www.youtube.com/watch?v=Uh6erfE9HYE

Second part of the video explains Zerocash. Matthew Green said they will release it in May (I think it's in the video, if not, I will try and find a prooflink for it).

Here's the SNARK paper:

http://eprint.iacr.org/2013/507

And this is my effort to organize info about it: http://wiki.nxtcrypto.org/wiki/NxtCash
hero member
Activity: 644
Merit: 500
Correctly spelled words (no capitalization or misspelling) are much easier to rememberr and they are stronger password (as long as the words were chosen randomly)
Nope, not stronger. Dicitionary-attack greatly reduces strength of such password. Any chosed passphrase'd ge good enough protected both from pure bruteforce AND from social engineering.
hero member
Activity: 910
Merit: 1000
Guys & Gals,

Can we do each other a favor and ignore Emule, as a community act?  Wink

He adds nothing of value to the discussion and distracts many of us.

If you are with me on this, hit the [Ignore] button, it's there to be used!

Let's vote Grin
full member
Activity: 360
Merit: 100
Guys & Gals,

Can we do each other a favor and ignore Emule, as a community act?  Wink

He adds nothing of value to the discussion and distracts many of us.

If you are with me on this, hit the [Ignore] button, it's there to be used!

done Smiley
hero member
Activity: 687
Merit: 500
Then, in a couple of months, when zerocash comes out, you're gonna come back and ask him to scratch all that and replace it with a distributed Merkle tree and a completely different ZK-proof system, based on SHA256 code, translated by a specially modified GCC compiler into code for a custom VM (which also needs to be implemented in our system, by the way).

Is that a guess or a fact? If it is a fact, please give me the links to the corresponding papers/tweets/reddit posts.
legendary
Activity: 1225
Merit: 1000
Guys & Gals,

Can we do each other a favor and ignore Emule, as a community act?  Wink

He adds nothing of value to the discussion and distracts many of us.

If you are with me on this, hit the [Ignore] button, it's there to be used!
legendary
Activity: 1540
Merit: 1016
bter @7400
dgex @7830
vircurex @7800
full member
Activity: 350
Merit: 100
...

well could you do what i said and also have it so every account forging must be providing bandwith? if thats even possible?

That would at least not be trivial to do. You could call it proof of bandwidth and create a new altcoin.

im not talking about making a new coin... im talking about increasing distribution and the number of ppl forging? will it not be a problem if say 100 percent of ppl use nxt.. but only 1 percent forge... i dont see how that could work? would you not need alot more then 1 percent forging to handle that amount of tx's?

You don't see how it can work because you're probably assuming that everyone thinks like you.
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