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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1268. (Read 2761629 times)

hero member
Activity: 840
Merit: 1002
Simcoin Developer
How? You will still need a secret phrase to sign transactions.

No. NRS will provide prepareTransaction that returns unsigned raw bytes. Signing is supposed to be done in client soft.

So it won't actually be obsolete. What you're saying is that it will be responsibility of each individual client.

Ok, so it seems that all client developers should form a group, where you guys will discuss the things that must be the same in all clients.

This working group then should produce wiki articles (or whatever our version of RFC will be).

So for this particular issue you all need to pick an algorithm to improve security of user passphrases. Probably PBKDF2.

This algorithm must be the same in all clients, so the user can open his wallet everywhere.
legendary
Activity: 2142
Merit: 1010
Newbie
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
Maybe, I missed that something but what will be the alternative?

Other clients.

Official ones?
sr. member
Activity: 602
Merit: 268
Internet of Value
yes, we need unless you prefer emunie starts to gain market share at the expense of nxt. What would happen if emunie starts to gain investor attention because they implement some features that nxt is just talking about??

don't you think it would be better to say to the world, look, nxt is here with those features done before any other crypto and make a strong marketing campaing.

Has any stakeholder talked about hiring a good SEO or marketing professional??

TBH, I prefer to use Nxt as store of value, eMunie as mean of exchange and Ethereum for public smart contracts (to fund firemen, etc.).

i deduct from your answer that you like Nxt as a store of value because it is going to rise in value against any other currency. Am I correct in this assertion?

How would it be achieved if nxt starts to lose value against other currencies because it does not gain investor focus?? In this case, it would be useless as a store of value.

do you have any ace upon your sleeve (whatever it is) in relation to the promised nxt innovations just in case any other currency becomes mainstrem instead of Nxt??

thank you for your answers.

Well, for one, NXT is not inflationary. Emunie and Eth have huge inflation.

So why would NXT lose it's store of value if "it does not gain investor focus"? Will all of your coins suddenly be worth less?

Also, is it just me or suddenly in the last 5 pages or so people became very, very concerned with price? People forgot already NXT went all the way up to $60mil market cap in 2 months already? Yes, it's a slow period, price-wise, but this always happens after a large rise.

My advice, don't worry about the price. We have people here that constantly deliver good results, I wouldn't want them to half-ass something just so a few people can make a quick buck.

I can't say much about Ether but to me Emunie is based on some very questionable assumption such as Emunie's price will always rise. As long as Emunie's price is falling, the whole thing would just collapse. It is very difficult to keep a currency stable and impossible with crypto currency due to a heavy element of speculation.

I believe Emunie is doomed to fail at the first crash. So sorry Cfb, you won't have a chance to use Emuine to exchange because it won't reach that scale ever.

    
legendary
Activity: 2142
Merit: 1010
Newbie
How? You will still need a secret phrase to sign transactions.

No. NRS will provide prepareTransaction that returns unsigned raw bytes. Signing is supposed to be done in client soft.
legendary
Activity: 1470
Merit: 1004


Well, for one, NXT is not inflationary. Emunie and Eth have huge inflation.

So why would NXT lose it's store of value if "it does not gain investor focus"? Will all of your coins suddenly be worth less?

Also, is it just me or suddenly in the last 5 pages or so people became very, very concerned with price? People forgot already NXT went all the way up to $60mil market cap in 2 months already? Yes, it's a slow period, price-wise, but this always happens after a large rise.

My advice, don't worry about the price. We have people here that constantly deliver good results, I wouldn't want them to half-ass something just so a few people can make a quick buck.

Many new users here concerned about price, probably recent acquisitions.  I have never been concerned with marketcap, Nxt is larger than any $ value, it's potential and usability can supersede any current crypto.  It's hard for people not to worry about price when they acquire Nxt for a quick profit, every currency has day traders.  Regardless, if you bought BTC in '11 and weathered the storm, you are rich.  The same goes for Nxt, our '11 is now.
hero member
Activity: 840
Merit: 1002
Simcoin Developer

How? You will still need a secret phrase to sign transactions.
legendary
Activity: 2142
Merit: 1010
Newbie
Maybe, I missed that something but what will be the alternative?

Other clients.
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82

Maybe, I missed that something but what will be the alternative?
legendary
Activity: 2142
Merit: 1010
Newbie
full member
Activity: 224
Merit: 100
yes, we need unless you prefer emunie starts to gain market share at the expense of nxt. What would happen if emunie starts to gain investor attention because they implement some features that nxt is just talking about??

don't you think it would be better to say to the world, look, nxt is here with those features done before any other crypto and make a strong marketing campaing.

Has any stakeholder talked about hiring a good SEO or marketing professional??

TBH, I prefer to use Nxt as store of value, eMunie as mean of exchange and Ethereum for public smart contracts (to fund firemen, etc.).

i deduct from your answer that you like Nxt as a store of value because it is going to rise in value against any other currency. Am I correct in this assertion?

How would it be achieved if nxt starts to lose value against other currencies because it does not gain investor focus?? In this case, it would be useless as a store of value.

do you have any ace upon your sleeve (whatever it is) in relation to the promised nxt innovations just in case any other currency becomes mainstrem instead of Nxt??

thank you for your answers.

Well, for one, NXT is not inflationary. Emunie and Eth have huge inflation.

So why would NXT lose it's store of value if "it does not gain investor focus"? Will all of your coins suddenly be worth less?

Also, is it just me or suddenly in the last 5 pages or so people became very, very concerned with price? People forgot already NXT went all the way up to $60mil market cap in 2 months already? Yes, it's a slow period, price-wise, but this always happens after a large rise.

My advice, don't worry about the price. We have people here that constantly deliver good results, I wouldn't want them to half-ass something just so a few people can make a quick buck.
legendary
Activity: 2142
Merit: 1010
Newbie
again,

do you (or other members of the development team who you talk to) have any ace upon your sleeve (whatever it is and not necessary to reveal it now) in relation to the promised nxt innovations just in case any other currency becomes mainstrem instead of Nxt??

thanks again.

Let me to make appearance that I haven't seen this question. Smiley
hero member
Activity: 840
Merit: 1002
Simcoin Developer
So what if instead of doing

MessageDigest.getInstance("SHA-256").digest(secretPhrase.getBytes("UTF-8"))

we add something like PBKDF2 to improve security?

I don't care. It's client side.

Ok.

https://bitbucket.org/JeanLucPicard/nxt-public/issue/30/improve-security-of-weak-passphrases-by
newbie
Activity: 21
Merit: 0
yes, we need unless you prefer emunie starts to gain market share at the expense of nxt. What would happen if emunie starts to gain investor attention because they implement some features that nxt is just talking about??

don't you think it would be better to say to the world, look, nxt is here with those features done before any other crypto and make a strong marketing campaing.

Has any stakeholder talked about hiring a good SEO or marketing professional??

TBH, I prefer to use Nxt as store of value, eMunie as mean of exchange and Ethereum for public smart contracts (to fund firemen, etc.).

i deduct from your answer that you like Nxt as a store of value because it is going to rise in value against any other currency. Am I correct in this assertion?

How would it be achieved if nxt starts to lose value against other currencies because it does not gain investor focus?? In this case, it would be useless as a store of value.

do you have any ace upon your sleeve (whatever it is) in relation to the promised nxt innovations just in case any other currency becomes mainstrem instead of Nxt??

thank you for your answers.

I just trust guys who say that scarcity leads to increase in value.

there are a lot of alt-coins which are scarce and their value is 0. You need scarcity plus people willing to hold nxt, both of them, not just scarcity.

again,

do you (or other members of the development team who you talk to) have any ace upon your sleeve (whatever it is and not necessary to reveal it now) in relation to the promised nxt innovations just in case any other currency becomes mainstrem instead of Nxt??

thanks again.

sr. member
Activity: 448
Merit: 280
Hello ! I relooked NXT message with CSS and HTML. The yellow block is pasted from How to send a message (NXT wiki). Do you like it ?

Yes, what the name of this font?

Baumans (google font)

And Faster one
legendary
Activity: 2142
Merit: 1010
Newbie
yes, we need unless you prefer emunie starts to gain market share at the expense of nxt. What would happen if emunie starts to gain investor attention because they implement some features that nxt is just talking about??

don't you think it would be better to say to the world, look, nxt is here with those features done before any other crypto and make a strong marketing campaing.

Has any stakeholder talked about hiring a good SEO or marketing professional??

TBH, I prefer to use Nxt as store of value, eMunie as mean of exchange and Ethereum for public smart contracts (to fund firemen, etc.).

i deduct from your answer that you like Nxt as a store of value because it is going to rise in value against any other currency. Am I correct in this assertion?

How would it be achieved if nxt starts to lose value against other currencies because it does not gain investor focus?? In this case, it would be useless as a store of value.

do you have any ace upon your sleeve (whatever it is) in relation to the promised nxt innovations just in case any other currency becomes mainstrem instead of Nxt??

thank you for your answers.

I just trust guys who say that scarcity leads to increase in value.
newbie
Activity: 21
Merit: 0
yes, we need unless you prefer emunie starts to gain market share at the expense of nxt. What would happen if emunie starts to gain investor attention because they implement some features that nxt is just talking about??

don't you think it would be better to say to the world, look, nxt is here with those features done before any other crypto and make a strong marketing campaing.

Has any stakeholder talked about hiring a good SEO or marketing professional??

TBH, I prefer to use Nxt as store of value, eMunie as mean of exchange and Ethereum for public smart contracts (to fund firemen, etc.).

i deduct from your answer that you like Nxt as a store of value because it is going to rise in value against any other currency. Am I correct in this assertion?

How would it be achieved if nxt starts to lose value against other currencies because it does not gain investor focus?? In this case, it would be useless as a store of value.

do you have any ace upon your sleeve (whatever it is) in relation to the promised nxt innovations just in case any other currency becomes mainstrem instead of Nxt??

thank you for your answers.
full member
Activity: 210
Merit: 100
Lets think, that NXT is commodity or "thing". Which authority forbids to buy some commodity or "thing" with fiat?

You don't have to convince me.  You have to convince the governments that issue fiat.  This is why hearings like this one are happening.

Governments forbid the purchase of "things" with fiat all the time.  I would love to buy cocaine, steroids, and dates with hookers at the 7-11 down my street, but I can't.
legendary
Activity: 2142
Merit: 1010
Newbie
Hello ! I relooked NXT message with CSS and HTML. The yellow block is pasted from How to send a message (NXT wiki). Do you like it ?

Yes, what the name of this font?
legendary
Activity: 2142
Merit: 1010
Newbie
So what if instead of doing

MessageDigest.getInstance("SHA-256").digest(secretPhrase.getBytes("UTF-8"))

we add something like PBKDF2 to improve security?

I don't care. It's client side.
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