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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1259. (Read 2761627 times)

legendary
Activity: 1367
Merit: 1000
Why is NXT falling down?
Do you think it will reach 0,00005000 btc again ?
My guess is that it is end of January an we still don't have some sexy client.
member
Activity: 94
Merit: 10
I missed this one and I kinda hate it because I've been looking for a coin that solves a lot of the issues of Bitcoin.

Are any of the 71 original investors giving away, or are there any good faucets?
legendary
Activity: 2142
Merit: 1010
Newbie
Correct me if I am wrong, but if that is so, that even mixing with sum(in)=/=sum(out) would give my links a non-zero probability.

Right. But this greatly increases number of possible variants. It's like moving from 2048 to 4096 bit security.
hero member
Activity: 714
Merit: 500
Crypti Community Manager
do you all like it? not even started ... plenty more to come I hope i don't kill the coin Grin
Yes. Thanks. Dump more.  Roll Eyes
legendary
Activity: 2142
Merit: 1010
Newbie
strong demand but big seller(s) taking very large dumps.

Not large enough. I want to see single digits.  Cheesy
full member
Activity: 266
Merit: 100
NXT is the future
do you all like it? not even started ... plenty more to come I hope i don't kill the coin Grin

thank you for the cheaps!
hero member
Activity: 840
Merit: 1002
Simcoin Developer
You're not listening!

I am. I'm just sleeping. I got u. I hope. Smiley

Ok, talk to you tomorrow then Smiley

Quote
"Now I go to sleep" -- CfB
full member
Activity: 168
Merit: 100
do you all like it? not even started ... plenty more to come I hope i don't kill the coin Grin
legendary
Activity: 1470
Merit: 1004
Why not zerocoin? Any unproven tech will need to be reviewed by cryptographic authority and we know that is not so easy.

I'll read Zerocoin whitepaper tomorrow and will think. Today is too late, time to drink milk and go to bed soon.

In my search for a crypto algo reviewer, I was referred to a crypto expert named Matt Green.  He did get back to me yesterday and said he was currently advising Zerocoin but might have some time to review our code.  I did mention to him that we were interested in implementing Zerocoin with Nxt POS and would like him to review our code if he could.  Here is his blog, seems like a really nice guy; http://blog.cryptographyengineering.com/

Also, I've had a hard time getting crypto people to review the code, they would rather review a protocol design document instead of code.
That's the zerocoin professor!
zerocash is scheduled to be released in May as altcoin.


I can send him a proposal with bounty offer if you would like to put some text together regarding what you want.  
hero member
Activity: 834
Merit: 524
Nxt NEM
a sneak peak to my idea about a green Nxt video:
http://www.youtube.com/watch?v=ic_WLMPX888&feature=youtu.be

It's cheesy, yet funny and spot on Smiley



It made me laugh, very accurate though!

good video,
some watchers may still be interested in the numbers and ask for the proofs: could there be also a link to those calculations.
Or is it better that now is only raised some questions ...


I agree, that's why NxtMyths projects start as a paper, will continue as infographics and will be completed in the video(s). I just wanted a little more fun for 2 hours Cheesy

ok Smiley
Sometimes it may be better to start with the video. But, ofc it's safer to start with facts and proofs Smiley




BTW, is there any other example of some system, which takes as much electricity as Bitcoin (17 million USD / day) ?
http://qz.com/156479/miners-spend-17-million-a-day-for-a-shot-at-4-4-million-of-bitcoin/

Just wondering, how Bitcoin can justify that kind of waste ... is it really worth of 17 M ...

sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
But in any other case, how could Big Brother possibly add your "more info" if all transaction in the past are fulfilled?

Imagine that weight of a real (weight = 100%) link between IN and OUT is 5% (that's how Big Brother sees it). U use this OUT to buy something from a website that is later seized by BB. Now he knows one of ur real IPs, this increases that link weight from 5% to 12%.

Even worse, some other guy reveals his real transactions, this automatically increases weights of all the other links involved into the same mixing session.
Social engineering, I see.

And the other thing: what's the issue with the 'joincoin approach'? I.e. if n senders sends 5Nxts then n receiver receives 5Nxts. So, nobody could differentiate who exactly transferred whom 5Nxt. They send collectively n*5 Nxts and they receive collectively n*5 Nxts.

"nobody could differentiate who exactly transferred whom 5Nxt" is correct, but actually some non-zero probability is enough to use approach described above to deanonymize u.

Correct me if I am wrong, but if that is so, that even mixing with sum(in)=/=sum(out) would give my links a non-zero probability.
legendary
Activity: 1470
Merit: 1004
Why is NXT falling down?
Do you think it will reach 0,00005000 btc again ?

Maybe, we had a dip before it skyrocketed before, so don't wait to long.
legendary
Activity: 1722
Merit: 1217
Why is NXT falling down?
Do you think it will reach 0,00005000 btc again ?

from my observation of the charts it appears to be driven from the supply side. strong demand but big seller(s) taking very large dumps.
newbie
Activity: 53
Merit: 0
Why is NXT falling down?
Do you think it will reach 0,00005000 btc again ?
legendary
Activity: 2142
Merit: 1010
Newbie
You're not listening!

I am. I'm just sleeping. I got u. I hope. Smiley
hero member
Activity: 840
Merit: 1002
Simcoin Developer
Signature would be invalidated in case of corruption.

You're not listening! Forget about transaction signing, I understood already long time ago what you're trying to say.

This is another issue:
- client calls getTransaction
- core returns sender address
- something goes wrong and client receives a corrupted address
- user decides to send money to that address and loses money

If that would be the new address, it would be protected from corruption.

We have a chance to add extra protection, why not do it?




legendary
Activity: 1162
Merit: 1005
Maybe this: 1LLe2He9k8r8WnAnuXJbAUedX8c2HCr8bQ Smiley

Yes, thank u.

Money is still there, it's good.

5% for storing your wallet number  Grin
legendary
Activity: 1176
Merit: 1134
They massively improved on the alpha version. zerocash uses SHA256, merkle trees, etc. and seems to be ideal to implement onto NXT

Watching. This indeed looks much better.
3 totally private transactions can be embedded in a single AM
Compute time was ~one minute, but that is done by the local client computer, verification time <10 milliseconds

small enough to fit in AM, fast enough for 100 TPS

Whitepaper will be written by univ, professor
reference implementation with source code in May

If we can establish earlier workings with them, that would be much better.

James
newbie
Activity: 37
Merit: 0

The block #53436 contains 65 transactions!
hero member
Activity: 840
Merit: 1002
Simcoin Developer
They massively improved on the alpha version. zerocash uses SHA256, merkle trees, etc. and seems to be ideal to implement onto NXT

Watching. This indeed looks much better.
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