Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1256. (Read 2761627 times)

member
Activity: 98
Merit: 10
To the kind, wonderful soul who owns 6483973064837388393:

THANK YOU!!!


hes going to have a heart attack when he sees that

Lol no. But I sat at my comp for like ~10 mins smiling like an idiot. Then I went out into the living room and jumped up and down like an idiot. That was ~4am in the morning. Then I couldn't sleep until ~1pm.

CfB, joefox, Anon136 (I think), thank you all very much for the donations. Smiley I'll be continuing to work on the wiki.

Give me more sleepless nights like this Grin

And now that I have some real nxt to work with, I can try something I've had in mind for a week now...


EDIT: If NXT does reach 0.05 or lower, could someone help me buy some? I'm not registered on any exchange right now. I'd like to get up to 0.2 BTC worth (depending on price), can pay 5% more than what you paid for. I realize you could probably flip it back in a day or so and make a lot more, but you'd be helping a poor shibe who's actually doing something for Nxt if you sell it to me instead.

EDIT 2: Moon Maldives, here I come!
sr. member
Activity: 404
Merit: 250
https://nxtforum.org/
do you all like it? not even started ... plenty more to come I hope i don't kill the coin Grin

I like it. No kidding. If that's really u, then u solve the main problem of Nxt - distribution.

Edit: I want to see 0.05...

that can be aranged no problem, do i get bountie for it? Cool

ill bring it to kingdom come just cos i can Grin

Big fat liar, i don't see how you guys all believed him. Let him prove it by taking a screenshot of his pending orders. Otherwise he could be the one that's buying up the cheap nxt for all i know.

At a time like this, there are several factors that could make nxt jump in price;

AEsystem is on testing near to completion
New more sexy client(s) coming
Acceptance of many exchanges, will lead to acceptance on bigger exchange.
Marketing going live (eg. nxt minute...)

and also some factors for competitions;
Emunie open beta1 (not really worried for now (everything is on testnet you don't keep any value) until they launch OB2 which is when you actually keep real Emus)

Ethereum supported by big funding whales? I saw their eth video, and it does not look anything like being funded by wealthy people, it looked like a shot in the garage.
full member
Activity: 266
Merit: 100
NXT is the future
off topic:

Interesting development at eMunie what I told for months now, and where the whole emunie community accused me and attacked me for is becoming true.

Emunie is now emunie ltd. (yes an compagny) and applied with UK law. A lot of the early community members have left emunie for that reason. So one of the consequences is

they can not run any exchange in the software, etc…

Pin


Politely invite the ones who left to get involved with Nxt.  Grin

would like to I know them from day 1, good guys.

unfortunatly Visin deleted my account Cheesy
newbie
Activity: 56
Merit: 0
off topic:

Interesting development at eMunie what I told for months now, and where the whole emunie community accused me and attacked me for is becoming true.

Emunie is now emunie ltd. (yes an compagny) and applied with UK law. A lot of the early community members have left emunie for that reason. So one of the consequences is

they can not run any exchange in the software, etc…

Pin


Politely invite the ones who left to get involved with Nxt.  Grin
full member
Activity: 266
Merit: 100
NXT is the future
off topic:

Interesting development at eMunie what I told for months now, and where the whole emunie community accused me and attacked me for is becoming true.

Emunie is now emunie ltd. (yes an compagny) and applied with UK law. A lot of the early community members have left emunie for that reason. So one of the consequences is

they can not run any exchange in the software, etc…

Pin
newbie
Activity: 56
Merit: 0
How will the ZeroCoin project benefit from being implemented on top of Nxt? Let's build a compelling case for them to join forces.

This is a good question. We should always be asking what we can offer the other party to help them get what they want.

I have heard that the ZeroCoin people were a little miffed that after they found a way to bring anonymity to Bitcoin, they realized that their solution would never see the light of day. The Bitcoin Devs are just too conservative with a $10 B market cap at stake...they can't afford any more screwups, so they are extra cautious.

So maybe we can tell ZeroCoin that we are happy to help them implement their solution into our blockchain, and they can also proceed with their Bitcoin fork that implements ZeroCoin.

This would show the practical versatility of their solution and give them academic bragging rights. At that point, Zerocoin would have been implemented in both a 100% PoW Bitcoin fork, and also implemented in the 100% PoS Nxt invention.

"Our truly anonymous ZeroCoin protocol has not only launched its own currency, it's also been successfully implemented into Nxt, the first 2nd generation cryptocurrency."

This would be huge news in the cryptocoin scene and would bring a lot of prestige to both Nxt and ZeroCoin.

We should also offer them a respectable bounty and let them choose to take it in Nxt or BTC or some combination of the two. If they want BTC, then we can hold a sale on the forums like they did to raise money for the cryptographic audit. I think it would be a mistake to try to shove NXT down their throats if they prefer bitcoins instead.

Totally agree with you, I've reached out to Matthew Green stating such.  I hope he gets back to me.


Beyond recognition/publicity, what are the application advantages?

Speed? TPS? Scalability? Energy efficiency? ... ? Any cool 2nd gen features they can leverage?

What do the devs think? Let's hammer out some details. Wish I knew enough to do this myself.
sr. member
Activity: 404
Merit: 250
https://nxtforum.org/
Ouch, something strange happening on eMunie ship. Crew members are quitting, Dan again is crying like a girl in trollbox  Cry

What's going on all of a sudden?!?  Ethereum pushed back the IPO too.   Undecided

Voodoo magic. BCNext cursed them all?

Didn't someone say something about their IPO that will get them in trouble with the authorities? Maybe it's happening?




I am no programmer, but i have a proposal to solve the mixing problem.

How about a pooled approach that is not traceable?

We have at specific times per day (or maybe once a day if traffic is low) a mixing event where everyone can send their coins to an automated mixing address that collects all coins. Once the specific time comes, the logic of the address creates packs of 10000 NXTs and sends them to specific addresses. For example, if you send 100.000 NXT to that address, your coins will be split into 10k pieces on 10 addresses. Those addresses are generated by the mixing algo and the private code is sent to original sender via encrypted address that is only readable if the private key of the original address is known.

Rules:
You can send whatever amount between 1000 and higher
The splitting follows those rules, Balance/10000 --> remainder/1000 --> remainder /100 --> rest is donation(? or maybe remainder/10?)
E.g. If you send 17.200 then you get 1 10k, 7 1k and 2 100 outputs.
The interval of the mixing is depending on the traffic. Only if enough people participate, the mixing will be anonymous.
The passwords are send per AM and are encrypted per the private key of the original account. (i guess that is possible)

What do you think?

This is exactly what i had thought, it's simple and it should work?
But my thought was instead of having a timer for returning funds, i was thinking of reaching certain pooling amount before returning which sometimes will cause a delay when not enough people is using it, but if your desperate for anonymity i think you will have the patient too.


My idea was to limit Capacity of Mixer Pool to 1,000 or 10,000 addresses depending on level of anonymity, all Mixer Amounts only accepts exact 1000nxt+1nxt fee, therefor in the Pool there will be 1,000 addresses of 1,000nxt and a random address will be chosen only after the pool reaches past it's capacity (1,000), and returns your 1,000nxt -1 nxt fee.

Works something like this;
OriginalAddressIn(A)-->MixerAddresses From Pool(A-Z)--->NewAddressOut(A-Z)
Would this NOT work???

regarding the mixing.

BCNext once said:
Nxt is being developed with payment privacy in mind.  I have not revealed details yet, but I can say that there is a special account in Nxt (recipient #0), later it will be used for advanced features (mixing, escrow, etc.)
- may be now is time for him to reveal details (to developers).

Maybe The ABOVE pooling mixer is what BCNext had in mind? Instead of all features clotting in one pool, create one pool for each function.
full member
Activity: 224
Merit: 100
How will the ZeroCoin project benefit from being implemented on top of Nxt? Let's build a compelling case for them to join forces.

This is a good question. We should always be asking what we can offer the other party to help them get what they want.

I have heard that the ZeroCoin people were a little miffed that after they found a way to bring anonymity to Bitcoin, they realized that their solution would never see the light of day. The Bitcoin Devs are just too conservative with a $10 B market cap at stake...they can't afford any more screwups, so they are extra cautious.

So maybe we can tell ZeroCoin that we are happy to help them implement their solution into our blockchain, and they can also proceed with their Bitcoin fork that implements ZeroCoin.

This would show the practical versatility of their solution and give them academic bragging rights. At that point, Zerocoin would have been implemented in both a 100% PoW Bitcoin fork, and also implemented in the 100% PoS Nxt invention.

"Our truly anonymous ZeroCoin protocol has not only launched its own currency, it's also been successfully implemented into Nxt, the first 2nd generation cryptocurrency."

This would be huge news in the cryptocoin scene and would bring a lot of prestige to both Nxt and ZeroCoin.

We should also offer them a respectable bounty and let them choose to take it in Nxt or BTC or some combination of the two. If they want BTC, then we can hold a sale on the forums like they did to raise money for the cryptographic audit. I think it would be a mistake to try to shove NXT down their throats if they prefer bitcoins instead.

Totally agree with you, I've reached out to Matthew Green stating such.  I hope he gets back to me.

Agreed. I believe this can be a very mutually beneficial partnership.
legendary
Activity: 1470
Merit: 1004
How will the ZeroCoin project benefit from being implemented on top of Nxt? Let's build a compelling case for them to join forces.

This is a good question. We should always be asking what we can offer the other party to help them get what they want.

I have heard that the ZeroCoin people were a little miffed that after they found a way to bring anonymity to Bitcoin, they realized that their solution would never see the light of day. The Bitcoin Devs are just too conservative with a $10 B market cap at stake...they can't afford any more screwups, so they are extra cautious.

So maybe we can tell ZeroCoin that we are happy to help them implement their solution into our blockchain, and they can also proceed with their Bitcoin fork that implements ZeroCoin.

This would show the practical versatility of their solution and give them academic bragging rights. At that point, Zerocoin would have been implemented in both a 100% PoW Bitcoin fork, and also implemented in the 100% PoS Nxt invention.

"Our truly anonymous ZeroCoin protocol has not only launched its own currency, it's also been successfully implemented into Nxt, the first 2nd generation cryptocurrency."

This would be huge news in the cryptocoin scene and would bring a lot of prestige to both Nxt and ZeroCoin.

We should also offer them a respectable bounty and let them choose to take it in Nxt or BTC or some combination of the two. If they want BTC, then we can hold a sale on the forums like they did to raise money for the cryptographic audit. I think it would be a mistake to try to shove NXT down their throats if they prefer bitcoins instead.

Totally agree with you, I've reached out to Matthew Green stating such.  I hope he gets back to me.
sr. member
Activity: 396
Merit: 250
NEWSLETTER update

I took a couple of days off the forums to plan, take care of my job and just be AFK. Opening the newsletter account yesterday, I saw that some kind donator has transferred 10K! Thank you beautiful stranger, what a nice surprise! Smiley

Like I've written before, the newsletter acc belongs to the newsletter project, so I will take none of the Nxt for myself, but I will definitely put it to use in the project.

The newsletter will launch monday 10.02.2014. I've looked into the Peercoin Newsletter like utopianfuture suggested, and I will follow that form roughly - with a few tweaks. The newsletter will be weekly, and deadline for contributions is saturdays 8 PM GMT. Contact form is here

Sign up here.

BUT. What happened when discussing the newsletter issue in the marketing thread was, that nearly everyone involved were kinda more interested in combining news blurps with original articles - going magazine-style.

NXTer.org

I've set up Nxter.org with a magazine theme in wp.

We've discussed what audience to aim for. Nxt veterans, new Nxters, crypto investors, "outsiders". We agreed that people already interested in crypto currencies are the most obvious. That said, I've given it some thought now, and with the chance of being hit by a big community driven truck, here goes the result...

1. Salsacz is doing a fantastic job. Targeting the crypto press with articles on PoS, transparent mining, all the technical goodies that make Nxt stand out from the rest. Nifty got us swarming to help out and follow up. All this in a decentralized community. Big up.
2. We are beginning to have people at the Bitcoin/crypto meetups.
3. Nxt is being added to new exchanges all the time (I know that I'm way off now, but I couldn't care less).
4. What I think we are missing, is actively trying to spread Nxt beyond the marked that Bitcoin has already created.

I want to target non techies. Even bitcoin hasn't reached far in that matter, it's a longterm and ambitious project, I know. But we need to fill a gap, as well as competing BTC/altcoins in the red ocean. Bitcoin has done a lot. Media is going nuts about all the opportunities of using the btc blockchain right now, and that's fine. It's more than fine, it's actually free advertising for Nxt if we manage to use it.

I will add to the social experiment.
I will set up a bb and bp and add some gamification @ nxter.org.
Nxter.org intensions to grab the news and offer Nxt to interested peers.

The task at hand is to get some content up. Built the site. Reward newcomers. The 10K will go to that.

Trolls might be trolling here, but remember that to most people even bitcoin is still just some kind of "internet money, right?". We should try to build a community where questions, good advise and personal stories are the essence. Not price speculation and PoS vs PoW talk. So the non-techy people will have a place to grow Nxt. I might try to convince you all to donate some unclaimed Nxt later on, but now I have to work.

This weekend I will set up a "Writers Room" on nxter.org.
Everyone willing to contribute to the magazine are more than welcome. PM me.

I have a meeting with a graphic designer, who will work on logo and flyers.
I have set up a meeting with the chief editor of a Danish magazine in order to get general advice.

I hate writing budgets. I'll write a budget and even write down my thoughts on project structure.
A certain income must be generated in the long term, and will be paid out equally to the people involved.

Now all thoughts and feedback are welcome!

-

My personal acc is in my profile footer, if anyone should feel like it….
Of course this is only the first part of a 3 part masterplan, but every Nxter should be more than familiar with that model, right…? Wink
full member
Activity: 126
Merit: 100
JustabitofTime - Co-Founder of CoinTropolis
"As I mentioned, we have a great deal of interest in multi-currency support, but the main barrier to this right with altcoins right now is availability of an SPV client like bitcoinj and litecoinj."

This is from someone I met with at the Bitcoin Conference Miami.
sr. member
Activity: 449
Merit: 250
How will the ZeroCoin project benefit from being implemented on top of Nxt? Let's build a compelling case for them to join forces.

This is a good question. We should always be asking what we can offer the other party to help them get what they want.

I have heard that the ZeroCoin people were a little miffed that after they found a way to bring anonymity to Bitcoin, they realized that their solution would never see the light of day. The Bitcoin Devs are just too conservative with a $10 B market cap at stake...they can't afford any more screwups, so they are extra cautious.

So maybe we can tell ZeroCoin that we are happy to help them implement their solution into our blockchain, and they can also proceed with their Bitcoin fork that implements ZeroCoin.

This would show the practical versatility of their solution and give them academic bragging rights. At that point, Zerocoin would have been implemented in both a 100% PoW Bitcoin fork, and also implemented in the 100% PoS Nxt invention.

"Our truly anonymous ZeroCoin protocol has not only launched its own currency, it's also been successfully implemented into Nxt, the first 2nd generation cryptocurrency."

This would be huge news in the cryptocoin scene and would bring a lot of prestige to both Nxt and ZeroCoin.

We should also offer them a respectable bounty and let them choose to take it in Nxt or BTC or some combination of the two. If they want BTC, then we can hold a sale on the forums like they did to raise money for the cryptographic audit. I think it would be a mistake to try to shove NXT down their throats if they prefer bitcoins instead.
full member
Activity: 126
Merit: 100
JustabitofTime - Co-Founder of CoinTropolis
Any UK Nxt holders? We need to position ourselves to get on Bittylicious to increase liquidity. The ability to purchase Nxt without Bitcoin is a big deal and one we should put some energy towards.
full member
Activity: 238
Merit: 100
in other news, MULTIPLE folks over on NXTCrypto Forums are reporting that after brand new client install of 0.5.10 and downloading the blockchain from scratch that it is stopping at block 22000.

https://forums.nxtcrypto.org/viewtopic.php?style=1&f=15&t=693#p3255
newbie
Activity: 56
Merit: 0
We just need the 288 byte zeroknowledge proof mechanism

Yep. Searching various related articles too.

How will the ZeroCoin project benefit from being implemented on top of Nxt? Let's build a compelling case for them to join forces.
full member
Activity: 238
Merit: 100
In tears laughing my ass off at emule, I have a 300k sell order racked at .00001, buying a new nissan 370z  Cool. Keep on selling, the lucky guy that bought your 1 million will buy an island one day because of your stupidity.

ok im lost here...  not that Im all aware on trading in the first place though..  but if you have a sell order for 300K NXT set for .00001 isnt that bad for you for the price to fall?
newbie
Activity: 56
Merit: 0
In tears laughing my ass off at emule, I have a 300k sell order racked at .00001, buying a new nissan 370z  Cool. Keep on selling, the lucky guy that bought your 1 million will buy an island one day because of your stupidity.
legendary
Activity: 1470
Merit: 1004
We just need the 288 byte zeroknowledge proof mechanism

Yep. Searching various related articles too.

Check around this site:  http://blog.cryptographyengineering.com/
hero member
Activity: 546
Merit: 500
PGP 9CB0902E
hero member
Activity: 840
Merit: 1002
Simcoin Developer
Quote
Non-interactive zero knowledge proofs are important in many cryptographic applications like e-voting or verifiable computation...

Maybe we could kill both birds with one stone?  Grin
Jump to: