Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 2030. (Read 2761645 times)

sr. member
Activity: 602
Merit: 268
Internet of Value
THIEF ALERT:

We have been maintaining a Nextcoin forums donation giveaway fund that held around 35K of NXT in it, I noticed this morning that it had nearly been drained.  GCInc/Graviton and I did some inverstigation and apparently board member Drexme transferred it all to his DGEX account, sold it for BTC, and skated off with the funds.
 Angry

Isn't he a global moderator ?
full member
Activity: 238
Merit: 100
THIEF ALERT:

We have been maintaining a Nextcoin forums donation giveaway fund that held around 35K of NXT in it, I noticed this morning that it had nearly been drained.  GCInc/Graviton and I did some inverstigation and apparently board member Drexme transferred it all to his DGEX account, sold it for BTC, and skated off with the funds.
 Angry
legendary
Activity: 2142
Merit: 1010
Newbie
Hi Cfb, can we make a public announcement function in which a message can be broadcasted to the whole network. We may need this feature in case a certain public forum got shut down.  

We can, but this is supposed to be handled by Service Providers.

Is there any place now to stash data other than in Aliases?

No. Arbitrary Messages will be added very soon. U will be able to send anything u wish - any format, encrypted, whatever.
full member
Activity: 168
Merit: 100
IDEX - LIVE Real-time DEX
Hi Cfb, can we make a public announcement function in which a message can be broadcasted to the whole network. We may need this feature in case a certain public forum got shut down.  

We can, but this is supposed to be handled by Service Providers.

Is there any place now to stash data other than in Aliases?
sr. member
Activity: 336
Merit: 250
AKA jefdiesel
Is there a 100k NXT club :p because if my order all go through, i will have that much. wohooo

nice. i just joined it for the third time!
full member
Activity: 224
Merit: 100
Hi Cfb, can we make a public announcement function in which a message can be broadcasted to the whole network. We may need this feature in case a certain public forum got shut down.  

+1

who would control such a feature? This sounds potentially dangerous tbh

Sounds like a job for a service provider if you ask me.  Wink

Actually I don't think so.  This is a feature of the Bitcoin-qt client that has always interested me to some degree.  A few people have the ability to broadcast a message that will appear on all Bitcoin-qt clients which has proven useful but its a centralized credibility problem.

If nodes could see a message and decide whether or not to pass it along to all other nodes, this might be useful.  Kind of like a voting system similar to reddit but weighted by how much NXT someone has in their address.  So for example, two nodes, one with 50 NXT and one with 500 NXT both see a message being broadcast on the network.  The node with 50 NXT thinks it's stupid and rates the message poorly but the node with 500 NXT thinks it's good and rates it positively.  The message would be deemed mostly credible because 10X more votes went to ward propagating the message across the network.

You could have a panel with "important news" in it that NXT holders vote on at their leisure.  If a majorly important event is going on that other NXT users should know about, it's in every NXT holder's vested interest to make other NXT users aware of the news by rating it highly and rating unimportant news poorly.

BitMessage anyone?
They have such things figured out. They have broadcasts, channels, subscriptions, pseudomailing lists etc. Very nice and convenient. You can "broadcasts" a message anyone who is subscribed will get it. So it is not spamming. All of us who would like to receive the update on the status of the network or update about new client version can be subscribed to that broadcasts.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Is there a 100k NXT club :p because if my order all go through, i will have that much. wohooo
member
Activity: 116
Merit: 10
Hi Cfb, can we make a public announcement function in which a message can be broadcasted to the whole network. We may need this feature in case a certain public forum got shut down.  

+1

who would control such a feature? This sounds potentially dangerous tbh

Sounds like a job for a service provider if you ask me.  Wink

Actually I don't think so.  This is a feature of the Bitcoin-qt client that has always interested me to some degree.  A few people have the ability to broadcast a message that will appear on all Bitcoin-qt clients which has proven useful but its a centralized credibility problem.

If nodes could see a message and decide whether or not to pass it along to all other nodes, this might be useful.  Kind of like a voting system similar to reddit but weighted by how much NXT someone has in their address.  So for example, two nodes, one with 50 NXT and one with 500 NXT both see a message being broadcast on the network.  The node with 50 NXT thinks it's stupid and rates the message poorly but the node with 500 NXT thinks it's good and rates it positively.  The message would be deemed mostly credible because 10X more votes went to ward propagating the message across the network.

You could have a panel with "important news" in it that NXT holders vote on at their leisure.  If a majorly important event is going on that other NXT users should know about, it's in every NXT holder's vested interest to make other NXT users aware of the news by rating it highly and rating unimportant news poorly.
legendary
Activity: 2142
Merit: 1010
Newbie
   
      27914      15469581309328573862      Sonntag, 29. Dezember 2013 22:18:59   
      
      7      499 + 7      1'269 B   
      
      1      726782742001008098      1207 %
am i on a fork, or why is the target so high?

It's not high. I see this block.
full member
Activity: 127
Merit: 100
Money be green
Quote
i hope the stake holders do not sell into buy walls but rather to just put up their own monster sell walls.

Quote
Can anyone explain to me how that works?  I understand the order book but I always just buy at market.

Quote
If an stakeholder wants to sell an amount that moves the market (in todays orderbook that would be 250k+) then a market order would be bad for all parties. One should just set an sell order at a given price and wait for the market to absorb it.

So you create a buy or sell "wall" to avoid moving the market?

Just read this - http://www.snell-pym.org.uk/archives/2013/04/08/understanding-bitcoin-market-depth/
legendary
Activity: 2142
Merit: 1010
Newbie
Hi Cfb, can we make a public announcement function in which a message can be broadcasted to the whole network. We may need this feature in case a certain public forum got shut down.  

We can, but this is supposed to be handled by Service Providers.
legendary
Activity: 1320
Merit: 1007
So you create a buy or sell "wall" to avoid moving the market?

yeah, its the same as when people put buy or sell walls on bitcoin exchanges, instead of directly dumping into buys.

wall = set a price to sell at (selling 1k btc at 1000), is a wall at 1000
market order = sell to whoever is buying, dumping the coin into people who have buy orders up, thus eliminating the buy order and driving the price down for bids. Is the same for buys as well.
legendary
Activity: 1372
Merit: 1000
Quote
i hope the stake holders do not sell into buy walls but rather to just put up their own monster sell walls.

Quote
Can anyone explain to me how that works?  I understand the order book but I always just buy at market.

Quote
If an stakeholder wants to sell an amount that moves the market (in todays orderbook that would be 250k+) then a market order would be bad for all parties. One should just set an sell order at a given price and wait for the market to absorb it.

So you create a buy or sell "wall" to avoid moving the market?
legendary
Activity: 2142
Merit: 1010
Newbie
sr. member
Activity: 490
Merit: 250
I don't really come from outer space.
Hi Cfb, can we make a public announcement function in which a message can be broadcasted to the whole network. We may need this feature in case a certain public forum got shut down.  

+1

who would control such a feature? This sounds potentially dangerous tbh

Sounds like a job for a service provider if you ask me.  Wink
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
   
      27914      15469581309328573862      Sonntag, 29. Dezember 2013 22:18:59   
      
      7      499 + 7      1'269 B   
      
      1      726782742001008098      1207 %
am i on a fork, or why is the target so high?
full member
Activity: 224
Merit: 100
I sunk 1 more Btc in today, bought all under 0.00006 so not bad. Thanks to the shareholders, or whoever is helping out with nice prices.

I'm tempted to move some of my BTC into NXT right now, prices are way too tempting! Grin
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Hi Cfb, can we make a public announcement function in which a message can be broadcasted to the whole network. We may need this feature in case a certain public forum got shut down.  

+1

who would control such a feature? This sounds potentially dangerous tbh
full member
Activity: 127
Merit: 100
Money be green
Quote
i hope the stake holders do not sell into buy walls but rather to just put up their own monster sell walls.

Can anyone explain to me how that works?  I understand the order book but I always just buy at market.

Open the Market Levels at dgex and see at which prices NXT would be selling if someone decided they wanted a couple of million NXT and you will get the point.

You guys should come and contribute to our "Wall Observer" thread! - https://nextcoin.org/index.php/topic,74.0.html
hero member
Activity: 808
Merit: 1011
Hi Cfb, can we make a public announcement function in which a message can be broadcasted to the whole network. We may need this feature in case a certain public forum got shut down.  

+1
Jump to: