NXT :: descendant of Bitcoin - Updated Information - page 1214.

FrictionlessCoin

legendary

Activity: 868

Merit: 1000

Cryptotalk.org - Get paid for every post!

Quote from: opticalcarrier on January 31, 2014, 04:20:19 PM

Quote from: FrictionlessCoin on January 31, 2014, 03:54:20 PM

Quote from: Come-from-Beyond on January 31, 2014, 03:52:07 PM

Quote from: jl777 on January 31, 2014, 03:50:42 PM

Might perhaps this show that BCNext is one of top cryptographers in the world?

We could ask him to do the audit of NRS crypto algo for 10 BTC... Grin

I seriously doubt it. The way he coded the 'secret phrase' stuff. That was borderline pathetic.

you are a raging retard if you dont understand what this allows. and its still possible to implement a wallet.dat type of client if so desired. the fact that you dont seem to understand this tells me you have no clue on how to dev a coin

If you don't think it was pathetic, then I would argue that you don't have a clue.

I guess for you, it was perfectly okay that folks lost their Nxt because they had a secret phrase of 8 digits.

ChuckOne

sr. member

Activity: 364

Merit: 250

☕ NXT-4BTE-8Y4K-CDS2-6TB82

Approaching page 1440. We'll be there in 1 day? What a glorious battle we fought.

gimre

legendary

Activity: 866

Merit: 1002

Quote from: FrictionlessCoin on January 31, 2014, 04:19:17 PM

So you are saying that it can maintain availability (which I agree) and survive partitioning ( which I don't think so).

What is in the algorithm for Nxt that makes it tolerant to partitioning?

You'll find the answer to that question in the source... (yes even the published flawed one)

salsacz

hero member

Activity: 490

Merit: 504

Quote from: ?? on ??

is there a minimum donation? i wana help but dont have very much atall compared to you guys.. :/

thank you, now you are listed as a first donator for the conference fund
https://docs.google.com/spreadsheet/ccc?key=0AgAGADgnQcrtdHRrV3V3Z1lzOXVEMWtqdElUaEtqV1E#gid=15

other already told others

opticalcarrier

full member

Activity: 238

Merit: 100

Quote from: FrictionlessCoin on January 31, 2014, 03:54:20 PM

Quote from: Come-from-Beyond on January 31, 2014, 03:52:07 PM

Quote from: jl777 on January 31, 2014, 03:50:42 PM

Might perhaps this show that BCNext is one of top cryptographers in the world?

We could ask him to do the audit of NRS crypto algo for 10 BTC... Grin

I seriously doubt it. The way he coded the 'secret phrase' stuff. That was borderline pathetic.

you are a raging retard if you dont understand what this allows. and its still possible to implement a wallet.dat type of client if so desired. the fact that you dont seem to understand this tells me you have no clue on how to dev a coin

Damelon

legendary

Activity: 1092

Merit: 1010

Quote from: Zahlen on January 31, 2014, 04:03:46 PM

Quote from: Damelon on January 31, 2014, 01:28:16 PM

Troll night.
Some people didn't get dates... Roll Eyes

And some folks (not just you specifically

) keep feeding the trolls :rolleyes:

In this case: guilty as charged

I don't normally get really upset, but I basically get very angry with people who have double standards and play dirty games by twisting words.
It would be OK if he genuinely was trolling, but this guy is using so many wellknown tricks in the book of con artists that it's ridiculous.

Suggestive phrasing, selective quoting, selective ignoring, turning around the burden of proof, framing, the list goes on.

The guy has "used car salesman" written all over in the worst sense of the term.

FrictionlessCoin

legendary

Activity: 868

Merit: 1000

Cryptotalk.org - Get paid for every post!

Quote from: Come-from-Beyond on January 31, 2014, 04:05:35 PM

Quote from: FrictionlessCoin on January 31, 2014, 04:03:19 PM

Quote from: Come-from-Beyond on January 31, 2014, 04:02:24 PM

Quote from: FrictionlessCoin on January 31, 2014, 04:01:32 PM

Ok... which part of the the C.A.P. does Nxt preserve?

Nxt has eventual consistency (like Bitcoin). Does this answer ur question?

No it does not, name 2 out of the 3 of the CAP theorem that is satisfied by Nxt?

Actually it does answer the question. Use the ~~force~~ brain, Luke.

So you are saying that it can maintain availability (which I agree) and survive partitioning ( which I don't think so).

What is in the algorithm for Nxt that makes it tolerant to partitioning?

rickyjames

full member

Activity: 196

Merit: 100

Quote from: jl777 on January 31, 2014, 03:41:31 PM

rickyjames is the treasurer of the NXTfund. I will not pay any of the NXTfund to myself, nor will I even be able to touch the money.

Now that I have been entrusted with 1.525 million NXT all of a sudden I have the responsibility of deciding the best way to allocate it. It is not easy. I am still not even sure which area it is best spent on. It is super important that the funds are spent as effectively as possible.

I want to show the NXT community that the NXTfund will do its best to maximize the value of NXT and to reflect the collective will of the community. As long as there is consensus, then my job is easy. However, if there is no consensus, then I will be forced to decide the exact allocation and if I make everybody equally unhappy then that probably means I am doing a good job.

James

The alias NXTcommunityfund has now been associated with NXT account 13776816462073143763.

Whales, dolphins, minnows: Donate today.

Your generous contribution will enable great things.

bithic

newbie

Activity: 56

Merit: 0

Quote from: marek3ball on January 31, 2014, 03:37:44 PM

NXT - 3D graphics: Update #04

Golden age is here.

I know that new design is suggested, I will look at it too.

All 3d renderings are here:
forums.nxtcrypto.org
nextcoin.org

https://dl.dropboxusercontent.com/u/916428/Nxt_3dgraphics/nxt_coin_gold_a_small.png

Nice! Would love to see it with a green logo in the middle for Green campaigns.

Also, just an idea, but how about copper in the inner circle and border, and everything else gold? It would really make the gold logo and gold ring stand out.

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: msin on January 31, 2014, 04:09:35 PM

Quote from: jl777 on January 31, 2014, 04:01:26 PM

brief recap

Bounty 100000 NXT for each of top 5 DAC's
Need community suggestions for the set of DACs that will make etherium least relevant

James

Thanks jl777 for your efforts on these initiatives, really like the energy, I'll help wherever I can.

Still sure I work in marketing?

msin

legendary

Activity: 1470

Merit: 1004

Quote from: jl777 on January 31, 2014, 04:01:26 PM

brief recap

Bounty 100000 NXT for each of top 5 DAC's
Need community suggestions for the set of DACs that will make etherium least relevant

James

Thanks jl777 for your efforts on these initiatives, really like the energy, I'll help wherever I can.

bithic

newbie

Activity: 56

Merit: 0

Worth highlighting:

Quote from: jl777 on January 31, 2014, 03:41:31 PM

...

I appeal to the 50 million+ NXT holders to invest a small percentage into the NXTfund. 100% of the NXTfund will be spent to increase the value of NXT and it will do you more good than just sitting in your acct. Think of it as a cost of doing business. Of course, wait until you are comfortable with what the NXTfund is doing. PM me if you have any specific things you want achieved with your donation. Directed donations are fine.

...

I am projecting a few months into the future and assuming Asset Exchange clients are released, Account Control is done, etc. If NXT had half a dozen meaningful and significant DAC's running and working, we will be ahead of etherium in real world functionality and installed base, possibly before they officially launch!

If anybody has any other big tech piece that NXT needs in the next 6 months, please post ASAP. What I need help with now is figuring out what the most important DAC's to have are. I am looking for specific proposals for DAC's that will add the most value to NXT. I am still a bit unsure as to what exactly DAC's can do, but from what I can tell, it can do pretty much anything you can imagine. Even non techies can help with daydreaming about the ideal set of DAC's for NXT. Post ideas please!

I hope that Pin can keep track of all the suggested DAC's and if there are more than 5 of them, we can vote to which ones the community wants. I am thinking of 100,000 NXT bounty for each of the top 5 DAC's that are implemented. The sixth DAC is the NXTcash DAC that will be funded from klee's bounty.

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: ?? on ??

Quote from: jl777 on January 31, 2014, 04:01:26 PM

brief recap

Bounty 100000 NXT for each of top 5 DAC's
Need community suggestions for the set of DACs that will make etherium least relevant

James

Do you mean 100000 NXT for implementation?

Yes. First we need a lists of the top 5 DAC's
Then the 100K NXT authorized for valid implementations (open sourced)
My understanding is that nexern's client will have built in support for DNA, which allows DAC's to be quickly implemented. Not sure how much work it will be. Also, as long as the fee structure of the DAC's are not excessive, in addition to bounty, developer of DAC will make income from DAC. I guess we need to define acceptable fee structure for the bounty funded DAC's, but first we need the DAC ideas.

We need ideas for what exact DAC's will make NXT dominate etherium. maybe someone can research what DAC's etherium is promoting? Gotta go offline for a few hours.

James

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: FrictionlessCoin on January 31, 2014, 04:03:19 PM

Quote from: Come-from-Beyond on January 31, 2014, 04:02:24 PM

Quote from: FrictionlessCoin on January 31, 2014, 04:01:32 PM

Ok... which part of the the C.A.P. does Nxt preserve?

Nxt has eventual consistency (like Bitcoin). Does this answer ur question?

No it does not, name 2 out of the 3 of the CAP theorem that is satisfied by Nxt?

Actually it does answer the question. Use the ~~force~~ brain, Luke.

Zahlen

member

Activity: 98

Merit: 10

Quote from: Damelon on January 31, 2014, 01:28:16 PM

Troll night.
Some people didn't get dates... Roll Eyes

And some folks (not just you specifically

) keep feeding the trolls :rolleyes:

Whole bunch of posts I wanted to reply to, but don't feel like anymore. I'll work on some things at nxtcrypto instead.

Lol and +1 @ smaragda's post. Usually the way I tell a troll's no longer a troll is when people quote them when they say something meaningful. This time however...

I'm still interested in buying up to 0.2 BTC of Nxt if it falls below 0.00005. (Guess it's not likely, Emule seems to be doing a poor job of it, but just in case.) Will pay 5% over the price you paid. Help a fellow nxter out, instead of flipping it back to the exchnage

EDIT: Objections about the How to Generate Strong PW page (from many people over the last few days) noted. I have reasons for choosing this approach to be the prominent one (as opposed to Diceware-style random words, or random chars). Not all my reasons may be valid of course. As always, feel free to discuss on the wiki page's Talk page instead, so that I and future editors can see the discussion and rationales behind why the page is written as it is, instead of plowing through an o(n log n) thread. I'll update that page with my own reasons after I finish stuff at nxtcrypto.

FrictionlessCoin

legendary

Activity: 868

Merit: 1000

Cryptotalk.org - Get paid for every post!

Quote from: Come-from-Beyond on January 31, 2014, 04:02:24 PM

Quote from: FrictionlessCoin on January 31, 2014, 04:01:32 PM

Ok... which part of the the C.A.P. does Nxt preserve?

Nxt has eventual consistency (like Bitcoin). Does this answer ur question?

No it does not, name 2 out of the 3 of the CAP theorem that is satisfied by Nxt?

Looks like Nxt is not partition tolerant.... that's it right?

So if I am correct, NXT guarantees only "availability".

But when the network partitions, then that's when it can't recover because it doesn't know about forks.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: FrictionlessCoin on January 31, 2014, 04:01:32 PM

Ok... which part of the the C.A.P. does Nxt preserve?

Nxt has eventual consistency (like Bitcoin). Does this answer ur question?

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: FrictionlessCoin on January 31, 2014, 04:00:24 PM

mr. BCNxt.

Thank u for the compliment.

FrictionlessCoin

legendary

Activity: 868

Merit: 1000

Cryptotalk.org - Get paid for every post!

Quote from: Come-from-Beyond on January 31, 2014, 03:58:55 PM

Quote from: FrictionlessCoin on January 31, 2014, 03:58:04 PM

I thought a fork was never supposed to happen?

U was wrong. Read http://en.wikipedia.org/wiki/CAP_theorem

Ok... which part of the the C.A.P. does Nxt preserve?

jl777

legendary

Activity: 1176

Merit: 1134

brief recap

Bounty 100000 NXT for each of top 5 DAC's
Need community suggestions for the set of DACs that will make etherium least relevant

James

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1214. (Read 2761624 times)