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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1765. (Read 2761645 times)

member
Activity: 98
Merit: 10
Transparent Forging will lead the user to jump directly to the nxt node which will forge nxt block.
This also leads to "self-fulfilling prophecy".

What would be the purpose of this jump? It's not the node that forges, it's the particular unlocked account that forges. The node is just a platform to forge.

There will be internal account<=>connection and external account<=>connection.
+Internal is e.g. connect forging power of your own VPS Nodes to earn NxT for paying them.
+External is you and me and other people will connect there forging power.


External Connection:

From my understanding, all particular unlocked accounts will "point" to one Node to accumulate the forging power.
This Node would be split the forged NxT based on contract parameters.

Now, if we would know the next Node will forge an Block we could point our account to this Node for participation.
This assumes the participation is higher than possible contractual penalties for leaving directly after the Block was forged and the interest was payed.


If that is how it works, great!
Why not let the node owner decides how many accounts are allowed to forge on his node?
This is easy to implement, is not against freedom, shows respect for property (node is the owner's property and he should decide how many people are allowed to unlock on his property), good for decentralization (motivates others to set up their own nodes). I assume that's enough reasons to code in this additional parameter to the config file. Don't see any single reason why freedom of choice must be limited here.
legendary
Activity: 2184
Merit: 1000
ANNOUNCEMENT: NXT MOBILE APPLICATIONS COMPANY ORGANIZATION


I will be posting this topic in the nextcoin.org & nxtcrypto.org forums so we will can better organize & develop this idea.


Summary:

The NXT MOBILE APPLICATIONS COMPANY will be coordinating the development, deployment & marketing of the NXT flagship mobile apps (Android & iPhone/iPad).


The Nxt Mobile Applications Company will be a decentralized, cellular organization.  Its shares will be listed on the Nxt Asset Exchange.


P.S. Further details will be follow in both the forums mentioned above.

EDIT:

Pls register you name in any of the forums and PLS me mention which Group you would like to work under.

https://nextcoin.org/index.php/topic,2634.msg26093.html#msg26093
 
or

https://forums.nxtcrypto.org/viewtopic.php?f=2&t=467

Brief Organizational Concept/structure:

Node spaces are limited so the Nxt Mobile Applications Company will chose the most dedicated & technical competent candidates to fill the various node slots.

Further details/developments will be communicated you on an ongoing basis.

hero member
Activity: 840
Merit: 1002
Simcoin Developer
0.5.3 is definitely more stable, thanks Jean-Luc!

Add a fix for jetty exceptions into the next release please.
legendary
Activity: 2142
Merit: 1010
Newbie
Who will decide if an alias is malicious enough?

Who decides at Google?

Google is centralized.
hero member
Activity: 840
Merit: 1002
Simcoin Developer
Who will decide if an alias is malicious enough?

Who decides at Google?
full member
Activity: 171
Merit: 100
Transparent Forging will lead the user to jump directly to the nxt node which will forge nxt block.
This also leads to "self-fulfilling prophecy".

What would be the purpose of this jump? It's not the node that forges, it's the particular unlocked account that forges. The node is just a platform to forge.

There will be internal account<=>connection and external account<=>connection.
+Internal is e.g. connect forging power of your own VPS Nodes to earn NxT for paying them.
+External is you and me and other people will connect there forging power.


External Connection:

From my understanding, all particular unlocked accounts will "point" to one Node to accumulate the forging power.
This Node would split the forged NxT based on contract parameters(amount, time, penalty...).

Now, if we would know the next Node will forge an Block we could point our account of this Node for participation.
This assumes the participation is higher than possible contractual penalties for leaving directly after the Block was forged and the interest was payed.
aan
newbie
Activity: 14
Merit: 0
Brainstorming

I'd like to introduce a concept of a new feature called Account Control. This feature will allow to do different things with ur accounts. For example, u will be able to set a lock on an account to prohibit any outgoing transactions until a special condition met (e.g. an incoming transaction from a predefined account). Another example is Pooled Forging, when an account leases its forging power to another account.

Please, post here what u would like to see in Account Control.

I'd like to see spending limits. For example so that I could only spend a maximum of 100 NXT/day from an account. Trying to steal this account would be less profitable.
legendary
Activity: 2142
Merit: 1010
Newbie
Will make some sort of popover that shows where it links to (in browser extensions)

Blacklist of malicious aliases might be a good idea too...

Who will decide if an alias is malicious enough?
hero member
Activity: 840
Merit: 1002
Simcoin Developer
Will make some sort of popover that shows where it links to (in browser extensions)

Blacklist of malicious aliases might be a good idea too...
hero member
Activity: 784
Merit: 501
Brainstorming

I'd like to introduce a concept of a new feature called Account Control. This feature will allow to do different things with ur accounts. For example, u will be able to set a lock on an account to prohibit any outgoing transactions until a special condition met (e.g. an incoming transaction from a predefined account). Another example is Pooled Forging, when an account leases its forging power to another account.

Please, post here what u would like to see in Account Control.

Can we set it so that outgoing transactions are enabled only in specific hours, or in some interval of time ( for example only between 11:30 p.m. and 11:50 p.m., or only on  1st January?)
It start to looks like "account setup transaction". I like the idea:
1. Block all coins from spending.
2. Block some coins from spending.
3. Set blocking time.
4. Allow to send coins only to specified account.
5. Combine that settings, so in different time there can be different number of coins blocked.
hero member
Activity: 600
Merit: 500
Nxt-kit developer
I wouldn't click at any of them if I don't know to what they are targeting. Now aliases for paranoids are useless

+1

Will make some sort of popover that shows where it links to (in browser extensions)

I know 2 implementations:
  • Popover
  • Replace
sr. member
Activity: 602
Merit: 268
Internet of Value
I wouldn't click at any of them if I don't know to what they are targeting. Now aliases for paranoids are useless

+1

Will make some sort of popover that shows where it links to (in browser extensions)

that would be perfect.
sr. member
Activity: 602
Merit: 268
Internet of Value
I wouldn't click at any of them if I don't know to what they are targeting. Now aliases for paranoids are useless

+1

Most mainstream users are not paranoid. They just like what are friendly and easy to use. That is well established by some credible large scale surveys for users of Facebooks, whatsapp, snapchat etc.
Well you could see how easy savvy people here are falling for scams like Visa, Neon, shares etc.
member
Activity: 98
Merit: 10
Transparent Forging will lead the user to jump directly to the nxt node which will forge nxt block.
This also leads to "self-fulfilling prophecy".

What would be the purpose of this jump? It's not the node that forges, it's the particular unlocked account that forges. The node is just a platform to forge.
sr. member
Activity: 308
Merit: 250
I wouldn't click at any of them if I don't know to what they are targeting. Now aliases for paranoids are useless

+1

Will make some sort of popover that shows where it links to (in browser extensions)
full member
Activity: 178
Merit: 100
Brainstorming

I'd like to introduce a concept of a new feature called Account Control. This feature will allow to do different things with ur accounts. For example, u will be able to set a lock on an account to prohibit any outgoing transactions until a special condition met (e.g. an incoming transaction from a predefined account). Another example is Pooled Forging, when an account leases its forging power to another account.

Please, post here what u would like to see in Account Control.

Can we set it so that outgoing transactions are enabled only in specific hours, or in some interval of time ( for example only between 11:30 p.m. and 11:50 p.m., or only on  1st January?)
hero member
Activity: 840
Merit: 1002
Simcoin Developer
I wouldn't click at any of them if I don't know to what they are targeting. Now aliases for paranoids are useless

+1
full member
Activity: 178
Merit: 100
Can we lock any outgoing transactions until we receive a specific sum of Nxt (for example receive exactly 1637821 nxt)?
full member
Activity: 171
Merit: 100
Then he will paste 100000000000 and we will have "only one VPS". It should be calculated based on uptime, connected peers, technical characteristics, etc

Why would he do that? And why would everyone go to just one node? Calculating it brings more bugs, why not just set it in the web.xml?

Transparent Forging will lead the user to jump directly to the nxt node which will forge nxt block.
This also leads to "self-fulfilling prophecy".
legendary
Activity: 2142
Merit: 1010
Newbie
Brainstorming

I'd like to modify this concept a bit in a universal way.
I'd like to lock a portion of my account (up to the whole account)
I want let's say invent a turtlecoin with value xx_NXT, grant a specific account (other or mine) the right to pull this turtlecoin if he sends a password and define a timeframe during this has to be done. after the timelimit the turtlecoin becomes NXT again.
During the timeframe the turtlecoin is locked for me.

this way the NXT-client could print a QR-Code with the generated password, I go to the petshop and the owner can pull the turtlecoin with it.
-> I get the turtle and both are happy  Grin

this is of course only one application for this feature. of course turtlecoin can be replaced by amout xx NXT.

another idea: it wouldn't be hard to implement an escrow this way.

I wanna sell a turtle. buyer sends me pass for turtlecoin, which I only can pull after turtle reached buyer succesfully.
if he doesn't confirm turtle reached him alive, the turtlecoin becomes invalid for me and him also and goes as NXT to a predefined social fund.
the buyer can trick me, pretending the turtle was dead, but he won't to this very often, because the network stores unsuccesful trades.

I like ur idea. The only exception - I would replace "turtle" with "girl".
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