Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1403. (Read 2761645 times)

legendary
Activity: 1092
Merit: 1010
OK, I can't keep up responding to all of you jumping at me like this.

I'm not jumping at you. I respect your position. I just disagree and want to explain why.
I understand the worries, but don't think it will be that much of an issue.

I also respect you for voicing your opinion!
sr. member
Activity: 602
Merit: 268
Internet of Value
I dont think you understand the meaning of the term "RESPECTED academic".  I capitalized that important word there to stress the emphasis on that word for you.

Oh no, I understand it. Part of RESPECT is not taking money from people, whose work you are reviewing.

Or maybe it's just my right-and-wrong model is outdated, judging by the number of people here, who think it's totally Ok.

And if you plan him to go through source, then shouldn't you just hire a company to do your security audit, not an academic?

Hiring a reputable security company to audit the codes is not bad idea. Essentially it is the same idea so maybe it is worthwhile to explore this venue.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
It seems to me u confused Nxt PoS algo and Nxt crypto algo. We collected 10 BTC for crypto audit only.

If I am right, there will be 10 more BTC from two different users - each 5 BTC.

No. CIYAM offered 5 BTC for PoS algo.

Note - I am flexible over this - if you can convince me that it is worth it for the crypto audit only then I will contribute the 5 BTC to that.
full member
Activity: 238
Merit: 100
I dont think you understand the meaning of the term "RESPECTED academic".  I capitalized that important word there to stress the emphasis on that word for you.

Oh no, I understand it. Part of RESPECT is not taking money from people, whose work you are reviewing.

this makes no sense whatsoever.  It directly conflicts with any common sense, and also with your very last statement

Quote
Or maybe it's just my right-and-wrong model is outdated, judging by the number of people here, who think it's totally Ok.

thats ok, we all think you are a bit nutso yourself

Quote
And if you plan him to go through source, then shouldn't you just hire a company to do your security audit, not an academic?
wait, I thought it was immoral to "taking money from people, whose work you are reviewing" yet you are suggesting a company to do exactly this.  Isnt then any company that would do this work for us immoral?  Roll Eyes

Wait, do you mean to say that its fine for a company to do the work, and it not be immoral, yet it would be immoral for a academic type to provide the same services?  Its not your "right-and-wrong model" that is outdated, nor your moral compass.  its your whole ship that is upside down
hero member
Activity: 840
Merit: 1002
Simcoin Developer
Once again - you are having troubles understanding the academic world - important academics are not generally "rich" although they are also not generally "poor" either (so they don't work for nothing).

Exactly.


Their reputation amongst their peers is *all important* to them - they are not at all likely to risk their reputation through shoddy work that is going to be "peer reviewed".

More reasons not to put any spots on that reputation by taking money.

OK, I can't keep up responding to all of you jumping at me like this.

So I will stop now. I can't veto the idea, all I can do is warn, which I did. So my work here is done.

Apparently, I need to upgrade my ethics...
hero member
Activity: 687
Merit: 500
IMO top academics != top coders, so if you want a code review those guys are probably not the best address.
legendary
Activity: 1092
Merit: 1010
I dont think you understand the meaning of the term "RESPECTED academic".  I capitalized that important word there to stress the emphasis on that word for you.

Oh no, I understand it. Part of RESPECT is not taking money from people, whose work you are reviewing.

Or maybe it's just my right-and-wrong model is outdated, judging by the number of people here, who think it's totally Ok.

And if you plan him to go through source, then shouldn't you just hire a company to do your security audit, not an academic?

Sad as it is, even academics need more money these days.
Let him put it towards funding some of his/her research. Smiley

Edit: CIYAM's version is even better.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
And if you plan him to go through source, then shouldn't you just hire a company to do your security audit, not an academic?

The money would obviously be best *not* to go *directly* to the academic (nor would it in normal funding situations). You offer funding to a university with the condition that something gets researched but it is up to the university exactly how the funding is spent (as the client all you care about is that the paper is published by a sufficiently qualified academic).
hero member
Activity: 840
Merit: 1002
Simcoin Developer
I dont think you understand the meaning of the term "RESPECTED academic".  I capitalized that important word there to stress the emphasis on that word for you.

Oh no, I understand it. Part of RESPECT is not taking money from people, whose work you are reviewing.

Or maybe it's just my right-and-wrong model is outdated, judging by the number of people here, who think it's totally Ok.

And if you plan him to go through source, then shouldn't you just hire a company to do your security audit, not an academic?
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
You see the slippery slope yet?

Once again - you are having troubles understanding the academic world - important academics are not generally "rich" although they are also not generally "poor" either (so they don't work for nothing).

Their reputation amongst their peers is *all important* to them - they are not at all likely to risk their reputation through shoddy work that is going to be "peer reviewed".

Sure you could point as some examples say from "big tobacco" but understand that those scientists were paid "millions" not thousands.
legendary
Activity: 1092
Merit: 1010
... a respected academic to thoroughly review Nxt and write a paper on it...
And paying $16,000 to a "respected academic" to review your whitepaper just doesn't feel right.

It reduces it to "9 out of 10 dentists recommend" kind of thing... Well, not exactly, but a step in that direction.

And I certainly wouldn't want people to say "oh, and that review they did? They paid $16,000 for it, so...".

I would read this in the complete opposite way.

The reason for that is that we would do it *completely in the open*

I would read it as "The NXT community is so commited to the integrity of their system that they were willing to hire an independent academic to take potshots at it to be sure it is safe and sound"

Same information, different interpretation.

Someone who will want to make it shady, will always try to make it look bad, but if we are completely open about it there is not a lot you can say.

The "9 out of 10 dentist" example is one where the deal would be hidden, so the comparison isn't valid.

sr. member
Activity: 602
Merit: 268
Internet of Value
But "peer review" and "research" are not the same thing and I think you're a little confused.  Or maybe you feed your family with air and sunshine?

You all should agree among yourselves first, what is it exactly you are paying for. As I understand it's neither research, nor peer review.

And you can juggle words however you like, it doesn't make it less wrong.


Academics/ researchers at the top echelon won't be bought by 10-20k $ ; if they are bought one and produce false results; some peers could find out and they would be discredited very soon.  If you want academics/ researchers at the top echelon risk losing their integrity and reputation, you would probably have to pay a lot more than that.  
    
Paying standard rates for a top-rated researcher working on a problem you are giving is a normal practice. I used to work for a top rate Economic-Political Institute so I know pretty well how researches are funded. While research works on paid assignment basis are often less rigorous than peer-reviewed articles, they are still of high quality and no one dare to intentionally make up a false mathematical or econometric result ever.

That's being said 16K$ perhaps too much if it only take 2-3 days to work it out our request. We should go by standard labor rates for these reviewing works.
hero member
Activity: 840
Merit: 1002
Simcoin Developer
Then find someone who will do it for free.

So, to reverse your logic, if I can't find somebody who will do it free, I should go and pay somebody with questionable ethics, who will?

So if I can't, say, get a building permit from a government official, I should go and find somebody who can "solve my problem" for a fee?

You see the slippery slope yet?
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
And I certainly wouldn't want people to say "oh, and that review they did? They paid $16,000 for it, so...".

You do realise that most university research into things like CO2 and global warming is paid for by large corporations the are in the generally not at all clean energy sphere?

A "respected" academic will have their reputation torn to pieces if their work is shoddy and deemed to be just "for money" so none will touch it "just for the money" unless the money is enough to make them no longer care about academia (and we are not offering anything like that amount).
full member
Activity: 238
Merit: 100
... a respected academic to thoroughly review Nxt and write a paper on it...

That's still unclear. What is he gonna do? Go through source code?

EXACTLY

Quote

We don't have a whitepaper to review yet, right?

not needed for this operation, since they are reviewing source

Quote

And paying $16,000 to a "respected academic" to review your whitepaper just doesn't feel right.

It reduces it to "9 out of 10 dentists recommend" kind of thing... Well, not exactly, but a step in that direction.

And I certainly wouldn't want people to say "oh, and that review they did? They paid $16,000 for it, so...".

I dont think you understand the meaning of the term "RESPECTED academic".  I capitalized that important word there to stress the emphasis on that word for you.
legendary
Activity: 2142
Merit: 1010
Newbie
What can your LAK do that neither NXT, nor Bitcoin can?

U could ask the same about Litecoin...
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
It seems to me u confused Nxt PoS algo and Nxt crypto algo. We collected 10 BTC for crypto audit only.

Oh - yes - seems I did - well I would prefer the 5 BTC I pledged to be on PoS analysis by an academic but if 10 BTC is not enough for the crypto audit then I will also be happy for it to go to that instead.

To be clear as long as what we are paying for is "transparent" (i.e. the funding is made publicly known) and the academic is "well known" (has been published in scientifically relevant journals for years and is at least a PhD to do with crypto) then I will go with either audit.
hero member
Activity: 808
Merit: 1011
Someone here, how would be able to code a simple mass-sending client? One fix amount, sending to unlimited addresses - one recipient per line.



sr. member
Activity: 336
Merit: 250
AKA jefdiesel
would like to help if I can.

We may need someone to sell 2 pizzas for 10'000 LAK...

I run a wood oven pizza shop in Brooklyn, I can always sell pizza for LAK

Wink
legendary
Activity: 1470
Merit: 1004
... a respected academic to thoroughly review Nxt and write a paper on it...

That's still unclear. What is he gonna do? Go through source code?

We don't have a whitepaper to review yet, right?

And paying $16,000 to a "respected academic" to review your whitepaper just doesn't feel right.

It reduces it to "9 out of 10 dentists recommend" kind of thing... Well, not exactly, but a step in that direction.

And I certainly wouldn't want people to say "oh, and that review they did? They paid $16,000 for it, so...".

Then find someone who will do it for free.
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