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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1299. (Read 2761632 times)

hero member
Activity: 840
Merit: 1002
Simcoin Developer
- Asset defined voting cards haven't been mentioned. (These can have a minimum fee to greatly reduce spam)
- Decentralised identification verification hasn't been mentioned. (Not necessarily for the entire network. Just particular groups/communities).
- Pre-voting hasn;'t been mentioned.

Can you elaborate on these 3?
sr. member
Activity: 273
Merit: 250
Gold.  Gold.  Gold.  
We must establish a precedent that any NXT coin representation will always be seen in a gold color and never in a silver color.

+1
full member
Activity: 360
Merit: 100
I think videos so far have been good, but we should maybe think more of Average Joe in this respect:

=> What efforts do I have from NXT - and HOW does it work (practically)?

I'm thinking of something like "Today I've heard about Cryptocurrencies...what is it?...Oh, nice, 1000 TPS, that's fast... coloured coins - what's that? Oh wow, using coloured coins I could ... (add any advantages of nxt)" => concrete examples showing the advantages of NXT.

So the focus should be more on users that do not know much about the topic as such (yet) imho.
newbie
Activity: 37
Merit: 0
legendary
Activity: 1181
Merit: 1002
Hi, everybody.
Could you please explain about the issue pointed at cryptolife.net.

The issue is the collision of addresses.
What if two or more private keys give me two or more addresses, like this:

sha256(curve29519(sha256(PASSPHRASE1)))    -    address1:1461501637330902918211111832716283019655932542976
sha256(curve29519(sha256(PASSPHRASE2)))    -    address1:1461501637330902918222222832716283019655932542976
sha256(curve29519(sha256(PASSPHRASE3)))    -    address1:1461501637330902918333333832716283019655932542976

visible address both times will be 14615016373309029182.

is it possible or client will raise an exception? if not, who will receive payment if I send to 14615016373309029182?

Full discussion was here: https://bitcointalk.org/index.php?topic=366105.0;all
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
The issue is the collision of addresses.

Provided that the "account holder" has made 1 transaction (either by sending NXT, creating an alias or forging a block) their account will have a 256 bit "public key" associated with it.

Someone trying to create a new account that has an account id already in use would receive an error (due to the public key being different).

The only problem that arises is if people don't do a tx at all - in that case whoever does the first tx will *own* the funds (so yes you should always do a tx before asking others to send NXT to your account).
xcn
newbie
Activity: 51
Merit: 0
Hi, everybody.
Could you please explain about the issue pointed at cryptolife.net.

The issue is the collision of addresses.
What if two or more private keys give me two or more addresses, like this:

sha256(curve29519(sha256(PASSPHRASE1)))    -    address1:1461501637330902918211111832716283019655932542976
sha256(curve29519(sha256(PASSPHRASE2)))    -    address1:1461501637330902918222222832716283019655932542976
sha256(curve29519(sha256(PASSPHRASE3)))    -    address1:1461501637330902918333333832716283019655932542976

visible address both times will be 14615016373309029182.

is it possible or client will raise an exception? if not, who will receive payment if I send to 14615016373309029182?
full member
Activity: 196
Merit: 100
Ok, I will re-render it all.

Nice. I will buy some when available. Will they be silver?
Gold.  Gold.  Gold.  

We must establish a precedent that any NXT coin representation will always be seen in a gold color and never in a silver color.
hero member
Activity: 910
Merit: 1000
hero member
Activity: 715
Merit: 500
PS: That was not a bus, just appendicitis.

No shit, just appendicits! About 100 years ago you would be dead now, for sure... Lucky you live with today technology! It was probably your worst, and will be your worst physical pain you will ever suffer!!! Hopefully it is past now.  Smiley
legendary
Activity: 1512
Merit: 1004
Hi guys/gals. I was in a clinic and now back. Almost 100 pages to read, gonna catch u tomorrow.
Hi,CfB,how are you , all of community miss you
full member
Activity: 137
Merit: 100
A lot of manipulation going on at bter, sell orders at 100, 54 and 20 nxt. What surprises me though, are that people are actually adjusting their sell orders (price) to match theirs in some sort of panic. So, do not give your money away to those who sold nxt 2 days ago for btc and wants the profit. Just fucking refuse to sell under the price you set at first, simple as that, refuse.. grow some fucking balls. Put your big boy underpants on.
hero member
Activity: 490
Merit: 504
 small crypto gadget application for windows.
- for control crypto funds... and compare with dolar value.

https://www.coinforum.ca/discussion/984/new-simple-and-elegant-gadget-for-control-your-crypto-funds
full member
Activity: 121
Merit: 100
All =1000000000 nxt; //10b
Ab =account balance;

Case two: Similar 1 account = 1 vote , No matter how much the amount, fixed amount of voting.

Quote
if Ab<1000; {1 account = 0 vote; fee=1 nxt}  //acct less than 1000, no the vote right.
if Ab>1000 and Ab<=10000; {1 account = 1 vote; fee=1 nxt}
if Ab>10000 and Ab<=100000;  {1 account = 1 vote; fee=1 nxt}
....
.....
if Ab>100000000; {1 account = 1 vote; fee=1 nxt}


In this case, the account count is limited, because each must have nxt amount over 1000.
Maximum number of accounts is 1,000,000,000/1000 =1,000,000 vote


The best poll!


I think each voting member required to have a minimum 1000 Nxt is a fair idea. You have to make at least a little investment to have a say so. People can't be given more votes simply because they have more NXT. But a limit - like 1000 NXT or 5000 NXT would lessen manipulation.
full member
Activity: 221
Merit: 100
Ok, I will re-render it all.

Nice. I will buy some when available. Will they be silver?
full member
Activity: 196
Merit: 100
Ricky:
I have still little problem with:
"Don't freeze in Iceland"

- Iceland is very free and green country that supports Bitcoin and will be supporting Nxt when we beat this bastard. So I don't want to be cruel to our crazy friends Cheesy

I don't think the Icelanders will take it personally.  They are good people.  They will get the joke.
hero member
Activity: 490
Merit: 504
have you guys seen this? BitInstant CEO charged with money laundering
http://www.businessinsider.com/report-ceo-of-major-bitcoin-exchange-arrested-2014-1

That's why we have a bounty for article:
- Nxt and its Decentralized P2P exchanges with mixing services = totally untraceable, anonymous and uncontrolled by any government.

The sooner someone writes it the higher chance to get it published as an answer to this event
newbie
Activity: 35
Merit: 0
PS: That was not a bus, just appendicitis.

Did they cut you?
sr. member
Activity: 273
Merit: 250
have you guys seen this? BitInstant CEO charged with money laundering
http://www.businessinsider.com/report-ceo-of-major-bitcoin-exchange-arrested-2014-1
hero member
Activity: 490
Merit: 504
Ricky:
I have still little problem with:
"Don't freeze in Iceland"

- Iceland is very free and green country that supports Bitcoin and will be supporting Nxt when we beat this bastard. So I don't want to be cruel to our crazy friends Cheesy
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