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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1178. (Read 2761624 times)

hero member
Activity: 714
Merit: 500
Crypti Community Manager
/r/NXT


The subreddit with our correct name finally goes live! Smiley


I hope that we can grow to something like /r/Bitcoin. Smiley



Suggestions all via PM here or on reddit.com, also if any known member wants to be moderators please write me.
hero member
Activity: 784
Merit: 501
If a smartphone (when we switch to binary) can process 1000TPS, a RaspberryPi could also process 1000TPS, am I right? If this is not the case, we should look into the Odroid, if it is far superior to RPi.
Actually, Odroid-U3 is superior than most smartphones today. It has quad-core Samsung Exynos and 2Gb of RAM. I think it's more than enough for 1000 TPS.
hero member
Activity: 910
Merit: 1000
I am really interested in seeing if we can standardize on Raspberry Pis as the Official Public Node of NXT and deploy a lot of those all over the world rather than renew a bunch of more expensive VPSs that got us thru the initial late Dec crunch.  I have heard different things about it - it can definitely forge blocks, it's underpowered for the task, it works better if you plug a thumb drive in the USB port to give it more memory, it needs to be replaced by a Cubie.  I would like to pull all this together and come up with a definitive answer on a Raspberry config that is qualified to be a Service Node without running out of horsepower.  Dave, your thoughts?
....

If we're thinking of deploying embedded servers like Rpi instead of VPS, I'd suggest we consider Odroid-U3. It's only marginally more costly than Rpi, but have far better tech specs. I've been running one for weeks and it works like a charm.


I repeat what I said weeks ago. The RaspberryPi thing can be extremely huge for Nxt. For the network, and for marketing.

If a smartphone (when we switch to binary) can process 1000TPS, a RaspberryPi could also process 1000TPS, am I right? If this is not the case, we should look into the Odroid, if it is far superior to RPi.

Are the RPi running stable? Would the Odroid run more stable?

I have no clue about this stuff but maybe some technical guys could help with that.

If RPis are running stable AND can process 1000TPS (with binary code), I wan't to see thousands of them all over the planet running Nxt. THIS is decentralization in perfection.
legendary
Activity: 2142
Merit: 1010
Newbie
CfB: Can we PLEASE release some of the approved funds.

I can. Create the poll plz.
legendary
Activity: 2142
Merit: 1010
Newbie
I don't think anybody has disagreed with the 3 million NXT from unclaimed funds for marketing. Do you want to continue managing that by running polls, etc. or would you rather delegate that to someone else?

I prefer to delegate that to someone else.
legendary
Activity: 2142
Merit: 1010
Newbie
Frankly, we should be using the 10 mil for as many required expenses as possible. Isn't there some uncertainty of what will happen to those unclaimed funds if a consensus hasn't been met by the community by april, (says CfB?) So why dont we just come to agreement one bit at a time and see whats left when april or whenever comes.

On the 3rd of April I'll send the unclaimed coins to the genesis block. U should come to a consensus by that time, if u need this money.
full member
Activity: 266
Merit: 100
NXT is the future
Can somebody other than me audit the marketing account please, the doc doesnt match up with the account.


https://docs.google.com/spreadsheet/ccc?key=0AgAGADgnQcrtdHRrV3V3Z1lzOXVEMWtqdElUaEtqV1E#gid=15


http://87.230.14.1/nxt/nxt.cgi?action=100

2037401990853753795

Pin



sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
CfB can offer a minimum bound on bandwidth required for 1000 TPS (1 MBS) but can't say how many NXT service nodes that can handle the full blockchain are required.

I forgot about a very important detail. 1000 tps @ 1 Mbps assumes that we use binary protocol. Now all data in protocol is encoded in JSON, this adds 3x-5x overhead.

We have to migrate to binary protocol before switching TF on.

Have you considered well-tested compression tools?

I know it is tempting to define our own binary syntax but it's far more error-prone than using a matured solution. Another issue is giving up text-based syntax flexibility, expandability and fast and easy debugability. Just speaking from experience, my own and of others (some of which have failed because of that).

I don't know how experienced JL and you are when it comes to software engineering but I strongly advice you to consider different solutions.
legendary
Activity: 2142
Merit: 1010
Newbie
I dont have the data I need to be able to answer any of this. I have no idea if TPS can be capped. If it can, I am assuming it will require a new client version with a new hardcoded cap.

Then again, we might be able to define an acceptable percentage of nodes that are blacklisted due to not enough bandwidth/CPU/etc and have it AUTOMATICALLY adjust the overall network TPS to the acceptable lost nodes percentage. Then if we find that TPS is bottlenecked by too many slow nodes, we upgrade those nodes or turn them into thin clients.

Is this automatic max TPS changing possible to do?

Nxt doesn't require to have sacral knowledge. Use logic.
sr. member
Activity: 491
Merit: 250
S P 8 D E
Good job Joefox, I hope we will be able to deliver all spots on time Cheesy

http://letstalkbitcoin.com/e80-beyond-bitcoin-uncut/#.Uu1x__l5PpW
(37th minute... btw 57th minute is also interesting)

and if someone cares... it cost 50% Nxt from the NxtMarketing fund..

Funding request

We have paid for 1 minute sponsor spot at the Let's talk Bitcoin for 3 months. (http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=2976219914929693803)

It cost 290k NXT for 3 months

- anonymous donator paid 50.000 Nxt
- neer.g would be willing to pay 1/3
- we are still looking for: 150.000 Nxt

first violet table:
https://docs.google.com/spreadsheet/ccc?key=0AgAGADgnQcrtdHRrV3V3Z1lzOXVEMWtqdElUaEtqV1E#gid=15

Could we spare some unclaimed coins for this advertisement?

NxtMarketing account:

2037401990853753795

Once again I have to say something as paying this huge amount just to be mentioned in a show where most of the listeners probably already know about Nxt (people that know about cryptos) is just ridiculous.
They will mention Nxt anyway when it's worth mentioning, right now, there is no real reason.


people who know already nxt , dont really take it seriously, so we need to educate them about our "baby"
specially those that think that nxt is scAM, premined and all that crap
legendary
Activity: 2142
Merit: 1010
Newbie
what did you think? this may be a dry run for something like letstalkbitcoin in the future. did i make any mistakes? did i say anything false?

I thought that u were going to stay anonymous, but u revealed ur name and ur face.

PS: I didn't listen to the interview coz I don't comprehend English speech. Smiley
legendary
Activity: 866
Merit: 1002
I tried the peerexplorer's cache system - isn't there a better way to do it than creating a new account for each cache and polluting the blockchain?

+1, also bothers me
legendary
Activity: 1092
Merit: 1010
From eb101 on nextcoin.org:

Quote
I heard blockr.io is looking to add a new coin. I already sent them a message about Nxt, but feel free to do so as well:
http://blockr.io/addcoin

Can someone send them the necessary data if we want on there?
full member
Activity: 182
Merit: 100
NXT.org

I have no problems with someone being critical about funds, but as regards to marketing a critical mistake is made: it's treated the same as a technical funding.

When you fund a technical or development effort, it's easy to put measurable parameters: "If we spend X, we expect to get Y" and that is cold hard fact.

With marketing, especially at the start, this is very hard to do, and sometimes downright silly. Anyone who has any experience looking at marketing analytics knows that at some point you just can't say: "X happened because of Y".

That means that sometimes money is spent unnneccessarily. That's what bad marketeers do! And most people, I am sad to say, tend to judge marketing and PR by that standard.

The other side is, that marketing gets subjected to over-auditing.

I believe in this case, this is happening. I'll be blunt: if people want hard facts on what the result of marketing efforts like LTB minutes and conferences would be, you won't be able to get them. I can tell you that if you don't get good people out there, Nxt has a major problem.

Take the Miami conference. If you'd have audited Nifty and JustaBit up front about numbers, that would have been silly. Even now, when we know that they have made very good contacts, it's still silly. All they can say at this moment is that things are in the pipeline. If you take the hard line now, you'd say: "you don't get funding, because you don't have results". And that would mean they wouldn't be able to get those results.

I sense a large amount of distrust towards the marketing efforts from some corners. Distrust is something different from critical questions.

I'll be blunt once more: marketing at this point needs trust up front. That means funding without too many questions, based on the fact that you know some people who know what they are doing are taking care of it. I put it to you that some developers in here would get blind funding because of their reputation and there wouldn't be as many questions asked as there are of marketing.

Also, from a "division of power" perspective, I would be less than happy if the person who does the audit also is the person who takes the end decision about actual spending. That is putting jury and judge together.

I'm not going to beg for PR funds, but I do want people to know that I really dislike being put in a place where I feel I have to defend my talents and job and explain I'm not evil.



+1

Those who are skeptical of funding marketing: ask yourself, where would NXT be without the work we've done already? People don't just randomly discover yet another cryptocurrency.
Just look at how reluctant the exchange has been about adding NXT because it requires a bit of additional work, yet we have got more to add us, which has lead to a big increase in users.

Look at all the info we have got out there which has made people trust NXT whereas just 1 month ago the consensus in the crypto world was that NXT was a premined scam. We have managed to turn this image around to "One of the most exciting developements in crypto".

We got a ton of projects upcoming and we've basically only got started.
Look at Ethereum, just look at the amount of marketing they have done and how they are repeaing attention for it. Without having really proved anything they got A LOT of people interested.


There is really no reason for the funds to just sit there and do nothing. Let's actually spend them on making the community bigger and NXT more known to everyone.
legendary
Activity: 1181
Merit: 1018
OMG!  Shocked

 I only just realized:

TX 8087747736758692218

from

11443794341620199419

THANKS A LOT

GREATLY APPRECIATED !!!!!!!!!!!!!!!!! ~~~~~~~~~

... had a generous donation sitting there for three days w/o noticing  Roll Eyes
legendary
Activity: 1092
Merit: 1010

pinarello: sorry, but since all you can do is just trolling and bullying (your annoying fighting against dgex (20+ posts), against emule (10+ posts), against marketing (5+posts)), then just welcome to the ignore list.

If you cannot read the googledoc, where are ALL payments from and for the NxtMarketing, then is is not my fault, it is quite simple to click at the link:

https://docs.google.com/spreadsheet/ccc?key=0AgAGADgnQcrtdHRrV3V3Z1lzOXVEMWtqdElUaEtqV1E#gid=15

There was no partial payment from community funds, everything came from private donators

I am the only one guy who created a list of conferences, who created a list of people of conferences, who is constantly inviting people to the conferences and also who was trying to start to get the funding for the conferences. On the other hand is the only one guy who constantly cirtisez all that comes to the marketing etc

And you must learn to talk in less I and more we

I have made a video, I have made an article, I have made an document I have…. And repost it over and over

Sure if people ask critical questions about your expenses they get on your ignore list.

I know you wish to go to Amsterdam, I know you wish to go to Berlin, but we have talented people whom live there.

And if that is trolling ok fine

edit: I asume you will pay for yourself IF you go.

Pin


Bit late, but I think relevant.

I have no problems with someone being critical about funds, but as regards to marketing a critical mistake is made: it's treated the same as a technical funding.

When you fund a technical or development effort, it's easy to put measurable parameters: "If we spend X, we expect to get Y" and that is cold hard fact.

With marketing, especially at the start, this is very hard to do, and sometimes downright silly. Anyone who has any experience looking at marketing analytics knows that at some point you just can't say: "X happened because of Y".

That means that sometimes money is spent unnneccessarily. That's what bad marketeers do! And most people, I am sad to say, tend to judge marketing and PR by that standard.

The other side is, that marketing gets subjected to over-auditing.

I believe in this case, this is happening. I'll be blunt: if people want hard facts on what the result of marketing efforts like LTB minutes and conferences would be, you won't be able to get them. I can tell you that if you don't get good people out there, Nxt has a major problem.

Take the Miami conference. If you'd have audited Nifty and JustaBit up front about numbers, that would have been silly. Even now, when we know that they have made very good contacts, it's still silly. All they can say at this moment is that things are in the pipeline. If you take the hard line now, you'd say: "you don't get funding, because you don't have results". And that would mean they wouldn't be able to get those results.

I sense a large amount of distrust towards the marketing efforts from some corners. Distrust is something different from critical questions.

I'll be blunt once more: marketing at this point needs trust up front. That means funding without too many questions, based on the fact that you know some people who know what they are doing are taking care of it. I put it to you that some developers in here would get blind funding because of their reputation and there wouldn't be as many questions asked as there are of marketing.

Also, from a "division of power" perspective, I would be less than happy if the person who does the audit also is the person who takes the end decision about actual spending. That is putting jury and judge together.

I'm not going to beg for PR funds, but I do want people to know that I really dislike being put in a place where I feel I have to defend my talents and job and explain I'm not evil.

full member
Activity: 154
Merit: 100
Good job Joefox, I hope we will be able to deliver all spots on time Cheesy

http://letstalkbitcoin.com/e80-beyond-bitcoin-uncut/#.Uu1x__l5PpW
(37th minute... btw 57th minute is also interesting)

and if someone cares... it cost 50% Nxt from the NxtMarketing fund..

Funding request

We have paid for 1 minute sponsor spot at the Let's talk Bitcoin for 3 months. (http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=2976219914929693803)

It cost 290k NXT for 3 months

- anonymous donator paid 50.000 Nxt
- neer.g would be willing to pay 1/3
- we are still looking for: 150.000 Nxt

first violet table:
https://docs.google.com/spreadsheet/ccc?key=0AgAGADgnQcrtdHRrV3V3Z1lzOXVEMWtqdElUaEtqV1E#gid=15

Could we spare some unclaimed coins for this advertisement?

NxtMarketing account:

2037401990853753795

Joefox mentioned www.nxtcrypto.org and www.mynxt.org - nice Kiss
sr. member
Activity: 284
Merit: 250

AM contest vote!

https://bitcointalksearch.org/topic/nxt-am-contest-best-am-implementation-444081

I propose to allocate 4 * 15k NXT from 10m unclaimed fund for 4th, 5th, 6th and 7th places in this contest.  

All the participants did a good programming work, and they deserve a solid consolation prizes.

+1
I agree with abctc. Because without applications and services around Nxt it will need a few people. I think it is necessary to maintain in the first place application developers. After all, any work must be paid, and developers spend a lot of effort and time for the benefit of its Nxt.
hero member
Activity: 840
Merit: 1002
Simcoin Developer
Here's an interesting quote from doctorevil (the guy, who cracked the genesis passphrase):

Quote
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.

So, seems like a simple key stretching might not be enough and we might need something like scrypt to make simple dictionary attacks impossible.

It's somewhat big and complicated, but on the other hand we can then have a true brain wallet, when some relatively simple password or phrase will be enough to open your account and still be secure. This will also prevent off-line attacks on stolen wallet files.

What do you think? Do we need it or is it overkill?
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