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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1520. (Read 2761645 times)

full member
Activity: 266
Merit: 100
NXT is the future

yes didnt we pledge 250K for the marketing to salsacz?
sr. member
Activity: 602
Merit: 268
Internet of Value
We already have a treasurer - Come-from-beyond.

Oh, btw, let's count pending expenses:

100k - waiting for minusbalancer
100k - waiting for BaiMangal
100k - bounty for JS implementation of NRS crypto algo
100k - total reward for AM contest
100k - total reward for fiat gateways based on Asset Exchange
XXX - bounty for 1st SMS-to-NXT gateway

Did I miss anything?

That's all I think. Just to remind client developers that there is an extra reward from private donors on March 1 for best Window client regardless of all previous rewards.

https://bitcointalksearch.org/topic/nxt-full-feature-clients-progress-tracking-thread-412138
member
Activity: 84
Merit: 10

Very nice. There are a few grammar corrections that need to be made that won't be obvious to non-native English speakers. I'd be happy to do it if you send me a copy of the script.

who made the video is SalsaCZ not me
on his signature he has like 3 dif things he made for NXT  Wink
legendary
Activity: 2142
Merit: 1010
Newbie
legendary
Activity: 2142
Merit: 1010
Newbie
That's easily built. Problem with script is we have to have it hosted on a trusted server that will not save the pw to database. Alternative to script is to just use official client, everyone logs in via screen sharing and types their part of the password to login in and then send money. Spectators are allowed to supervise..

Isn't it possible to intercept key presses via shared screen?
full member
Activity: 266
Merit: 100
NXT is the future
We already have a treasurer - Come-from-beyond.

Oh, btw, let's count pending expenses:

100k - waiting for minusbalancer
100k - waiting for BaiMangal
100k - bounty for JS implementation of NRS crypto algo
100k - total reward for AM contest
100k - total reward for fiat gateways based on Asset Exchange
XXX - bounty for 1st SMS-to-NXT gateway

Did I miss anything?

250K marketing
full member
Activity: 266
Merit: 100
NXT is the future

... moreover it will scale later to any size we need and trusted
servers
will complete the decentralized infrastructure to keep clients lean, fast and very lightweighted,
this is the way to go. the core has to be the ultimative working horse, the client is using it's first class
api.

So we will have decentralized infrastructure built on top of the set of the servers? So each time when you do login to your lightweight client you do depend on the trusted servers and their api.
Doesn't it look like the structure centralized around the trusted servers?

no, because they are optional but available on demand. separating the client from server makes a lot of sense
for the expected growth and the expected features. with a lean client version i can decide to connect to my local
node, my public or private 24h vps node (if exists) any unsecured open node if i don't need a transfer but just a
quick account balance or even to fully trustet nodes in case a transfer is needed.  and if you think further to some
special nodes, offering services by a custom built api. moreover there is no need to keep the client in sync with the
core source which improves security, the most important mantry shortly (hear me now and believe me later) and
important too, i can reduce or better cut dependencies completely, gaining better cross-os properties.

at least i like to mention that i am lighhtyears away from seeing you or any other dev as an competition, i can ensure
you i would be *very* happy if a open source client would appear in this second. this way i could concentrate on the
project i am really after, the hive. while the explorer and the client is a service to the community the hive is a personal
and commercial poject, which could lift nxt to the global finance level and into another league. this project would be
also listed on asset exchange if done and i would be glad if i could start this tomorrow.


Well you could if you release the client tomorrow Cheesy
legendary
Activity: 2142
Merit: 1010
Newbie
We already have a treasurer - Come-from-beyond.

Oh, btw, let's count pending expenses:

100k - waiting for minusbalancer
100k - waiting for BaiMangal
100k - bounty for JS implementation of NRS crypto algo
100k - total reward for AM contest
100k - total reward for fiat gateways based on Asset Exchange
XXX - bounty for 1st SMS-to-NXT gateway

Did I miss anything?
sr. member
Activity: 602
Merit: 268
Internet of Value
Sounds too complex.  I don't understand the screen-sharing concept or the script that will merge the three parts.
Better to just elect a treasurer.  Can I brute force if I know 1/3 of pass phrase?

Right, script. Do we have it ready?

That's easily built. Problem with script is we have to have it hosted on a trusted server that will not save the pw to database. Alternative to script is to just use official client, everyone logs in via screen sharing and types their part of the password to login in and then send money. Spectators are allowed to supervise..

We should have a demonstration of how it is supposed to work.
sr. member
Activity: 308
Merit: 250
Sounds too complex.  I don't understand the screen-sharing concept or the script that will merge the three parts.
Better to just elect a treasurer.  Can I brute force if I know 1/3 of pass phrase?

Right, script. Do we have it ready?

That's easily built. Problem with script is we have to have it hosted on a trusted server that will not save the pw to database. Alternative to script is to just use official client, everyone logs in via screen sharing and types their part of the password to login in and then send money. Spectators are allowed to supervise..
hero member
Activity: 597
Merit: 500

... moreover it will scale later to any size we need and trusted
servers
will complete the decentralized infrastructure to keep clients lean, fast and very lightweighted,
this is the way to go. the core has to be the ultimative working horse, the client is using it's first class
api.

So we will have decentralized infrastructure built on top of the set of the servers? So each time when you do login to your lightweight client you do depend on the trusted servers and their api.
Doesn't it look like the structure centralized around the trusted servers?

no, because they are optional but available on demand. separating the client from server makes a lot of sense
for the expected growth and the expected features. with a lean client version i can decide to connect to my local
node, my public or private 24h vps node (if exists) any unsecured open node if i don't need a transfer but just a
quick account balance or even to fully trustet nodes in case a transfer is needed.  and if you think further to some
special nodes, offering services by a custom built api. moreover there is no need to keep the client in sync with the
core source which improves security, the most important mantry shortly (hear me now and believe me later) and
important too, i can reduce or better cut dependencies completely, gaining better cross-os properties.

at least i like to mention that i am lighhtyears away from seeing you or any other dev as an competition, i can ensure
you i would be *very* happy if a open source client would appear in this second. this way i could concentrate on the
project i am really after, the hive. while the explorer and the client is a service to the community the hive is a personal
and commercial poject, which could lift nxt to the global finance level and into another league. this project would be
also listed on asset exchange if done and i would be glad if i could start this tomorrow.
legendary
Activity: 1092
Merit: 1010
what about 1 account three user get the pasworrd?

Whatever. The only requirement is the consensus.

no concensus comes from the community by vote.

password holders dont need concensus, one of the three only have to pay when asked for it by the community.

Indeed, password holders are executors of the community consensus. That's how I read the plan.
hero member
Activity: 490
Merit: 504
WOW amazing indeed. World class work.
The only thing I saw that could be different is @12s where you say "too slowly" as it should be "too slow".
Also background music along the lines of what minute physics or veritasium have, would be the final touch.
Excellent video.
in general is OK, but i don’t like that in the beginning you say that Bitcoin is shit , bitcoin is fuckng nr. 1 no mather what,
odnt forget if it wouldnt be bitcoin there wouldnt be NXT , so stop saying that bitcoin is bad ... just don't , you can say something like this :

 "Let's face it , we all love Bitcoin with all our heart, but NXT is the next big thing thanks to Bitcoin! "

Bitcoin was only a tool to get us to the 2nd PoS stage.

This is evolution. There would be no iPad without PC.

But you are right, we should always thank to our parents, grandparents for our "creation".
sr. member
Activity: 602
Merit: 268
Internet of Value
1 account, 10 million.

9 anonymous people are chosen.

3 get the first part of the password.
3 get the second part of the password.
3 get the last part of the password.

So to send money, we just need to contact 1 of every group.  This needs to be a diverse group so that no one can figure out other people that might be in the group of chosen ones.

Make a script that allows input of the password parts and then executes it.

Or better yet, use some sort of screen sharing where each person then enters their password phrase. Everyone can view at the same time.


Noone minds I suppose?

Looks very good to me.

Sounds too complex.  I don't understand the screen-sharing concept or the script that will merge the three parts.
Better to just elect a treasurer.  Can I brute force if I know 1/3 of pass phrase?

We already have a treasurer - Come-from-beyond.
full member
Activity: 266
Merit: 100
NXT is the future
what about 1 account three user get the pasworrd?

Whatever. The only requirement is the consensus.

no concensus comes from the community by vote.

password holders dont need concensus, one of the three only have to pay when asked for it by the community.
sr. member
Activity: 602
Merit: 268
Internet of Value
Sounds too complex.  I don't understand the screen-sharing concept or the script that will merge the three parts.
Better to just elect a treasurer.  Can I brute force if I know 1/3 of pass phrase?

Right, script. Do we have it ready?

what about 1 account three user get the pasworrd?



Too much risk. Since if the fund is gone, we can't really blame anyone for the loss since there are there people who can transfer the fund. Wesley proposed the share password concept. We have to ask him to make it feasible.
legendary
Activity: 2142
Merit: 1010
Newbie
what about 1 account three user get the pasworrd?

Whatever. The only requirement is the consensus.
full member
Activity: 266
Merit: 100
NXT is the future
Sounds too complex.  I don't understand the screen-sharing concept or the script that will merge the three parts.
Better to just elect a treasurer.  Can I brute force if I know 1/3 of pass phrase?

Right, script. Do we have it ready?

what about 1 account three user get the pasworrd?

legendary
Activity: 2142
Merit: 1010
Newbie
Sounds too complex.  I don't understand the screen-sharing concept or the script that will merge the three parts.
Better to just elect a treasurer.  Can I brute force if I know 1/3 of pass phrase?

Right, script. Do we have it ready?
sr. member
Activity: 491
Merit: 250
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