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Topic: NXT :: descendant of Bitcoin - Updated Information - page 258. (Read 2761645 times)

legendary
Activity: 2142
Merit: 1010
Newbie
Call me State-The-Obvious-Stan if you want but.... I just want to check


You would need 50,000NXT in your Nxt account for this to go through, right?



But I suppose they could look in your Nxt account, see you have 1500Nxt and say "hey, I'll buy 1500NAS for 0.01 BTC", right?

Right
sr. member
Activity: 308
Merit: 250
How?

getTransactionBytes in Nas + broadcastTransaction in Nxt.

I guess after 1440 blocks it's no longer possible to do broadcastTransaction? (too old)?
full member
Activity: 238
Merit: 100
Okay Nxt Community here is a quantum riddle;

My real NXT account number (Public Key) is 14730376987822377578 on NXT Mainnet. I have never used my real NXT passphrase on NXT testnet. However,   14730376987822377578 exists on NXT Testnet.

Yesterday, after I asked for TestNXT on this thread; 18232225178877143084 sent me a 1,000,000 + 1 TestNXT.

While testing this morning, I sent 1,000,000 + 1,000  TestNXT to 14730376987822377578 which showed as a valid public key and appeared to have transaction success.

Upon looking at the history of 14730376987822377578 from NxtTestnet, I see "This account has a balance of 1'063'416 NXT" ; 1,000,000 being the TestNXT transferred this morning and 63,416 an old real NXT balance of real NXT account 14730376987822377578.

And even more bizarre, looking down into the transaction history I find dozens of Asset transfers between 3/11/2014 and 3/14/2014 all to the same account number 18232225178877143084. WHICH is the SAME TestNXT account that sent me 1,000,000 TestNXT on 3/19/2014.

Maybe I need another cup of coffee.






did you take a ride with the ambien walrus?
full member
Activity: 126
Merit: 100
I could post yours! ;-)

you don't know mine  Wink

It's not a problem as long as you don't do an outgoing transaction in the clone blockchain.

then you cannot sell the Nxt clone for Nxt, what's the benefit?
hero member
Activity: 574
Merit: 500
Result: U sold 50k NXT for 0.01 BTC. Smiley

Crazy!    Shocked     ...thnx brother...

Hey, just don't send NAS when he sends u 0.01 BTC.  Cheesy


Call me State-The-Obvious-Stan if you want but.... I just want to check


You would need 50,000NXT in your Nxt account for this to go through, right?



But I suppose they could look in your Nxt account, see you have 1500Nxt and say "hey, I'll buy 1500NAS for 0.01 BTC", right?
member
Activity: 84
Merit: 10
So if *more* NXT can be created by "broadcasting a test net tx on main net" then that is a security hole.

How?

Nxt transaction sigs only care about the account id's (not say something like the "genesis block id") so a "clone" (such a test net) in which account #'s that *match* main net (most likely due to using the same password) means that you can *steal* NXT by just broadcasting a test net tx on main net.

(this issue will also apply to "parallel chains" if and when implemented)


well, isn't testnet one kind ?!
full member
Activity: 189
Merit: 100
How?

Nxt transaction sigs only care about the account id's (not say something like the "genesis block id") so a "clone" (such a test net) in which account #'s that *match* main net (most likely due to using the same password) means that you can *steal* NXT by just broadcasting a test net tx on main net.

(this issue will also apply to "parallel chains" if and when implemented)


edit: did anyone tested this?
hero member
Activity: 715
Merit: 500

BTER (again)

0.00005000   2,069,503.024   103.4751

Smart money in NXT.

not so smart cos the price is just guna get driven up and the order wont be filled.. :/

maybe that is the goal, who knows!  Cheesy
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
How?

Nxt transaction sigs only care about the account id's (not say something like the "genesis block id") so a "clone" (such a test net) in which account #'s that *match* main net (most likely due to using the same password) means that you can *steal* NXT by just broadcasting a test net tx on main net.

(this issue will also apply to "parallel chains" if and when implemented)
hero member
Activity: 854
Merit: 1000

BTER (again)

0.00005000   2,069,503.024   103.4751

Smart money in NXT.
hero member
Activity: 490
Merit: 504
Da Vinci... this reminds me how I deciphered 2 ciphers from the 16th century Smiley
legendary
Activity: 2142
Merit: 1010
Newbie
How?

getTransactionBytes in Nas + broadcastTransaction in Nxt.
legendary
Activity: 2142
Merit: 1010
Newbie
Okay Nxt Community here is a quantum riddle;

My real NXT account number (Public Key) is 14730376987822377578 on NXT Mainnet. I have never used my real NXT passphrase on NXT testnet. However,   14730376987822377578 exists on NXT Testnet.

Yesterday, after I asked for TestNXT on this thread; 18232225178877143084 sent me a 1,000,000 + 1 TestNXT.

While testing this morning, I sent 1,000,000 + 1,000  TestNXT to 14730376987822377578 which showed as a valid public key and appeared to have transaction success.

Upon looking at the history of 14730376987822377578 from NxtTestnet, I see "This account has a balance of 1'063'416 NXT" ; 1,000,000 being the TestNXT transferred this morning and 63,416 an old real NXT balance of real NXT account 14730376987822377578.

And even more bizarre, looking down into the transaction history I find dozens of Asset transfers between 3/11/2014 and 3/14/2014 all to the same account number 18232225178877143084. WHICH is the SAME TestNXT account that sent me 1,000,000 TestNXT on 3/19/2014.

Maybe I need another cup of coffee.






Good scenario for a movie like "The Da Vinci Code"...
hero member
Activity: 784
Merit: 500
Okay Nxt Community here is a quantum riddle;

My real NXT account number (Public Key) is 14730376987822377578 on NXT Mainnet. I have never used my real NXT passphrase on NXT testnet. However,   14730376987822377578 exists on NXT Testnet.

Yesterday, after I asked for TestNXT on this thread; 18232225178877143084 sent me a 1,000,000 + 1 TestNXT.

While testing this morning, I sent 1,000,000 + 1,000  TestNXT to 14730376987822377578 which showed as a valid public key and appeared to have transaction success.

Upon looking at the history of 14730376987822377578 from NxtTestnet, I see "This account has a balance of 1'063'416 NXT" ; 1,000,000 being the TestNXT transferred this morning and 63,416 an old real NXT balance of real NXT account 14730376987822377578.

And even more bizarre, looking down into the transaction history I find dozens of Asset transfers between 3/11/2014 and 3/14/2014 all to the same account number 18232225178877143084. WHICH is the SAME TestNXT account that sent me 1,000,000 TestNXT on 3/19/2014.

Maybe I need another cup of coffee.






Because the testnet uses a state of the blockchain of several months/days/weeks ago to continue whenever it is restarted?
sr. member
Activity: 308
Merit: 250
Okay Nxt Community here is a quantum riddle;

My real NXT account number (Public Key) is 14730376987822377578 on NXT Mainnet. I have never used my real NXT passphrase on NXT testnet. However,   14730376987822377578 exists on NXT Testnet.

Yesterday, after I asked for TestNXT on this thread; 18232225178877143084 sent me a 1,000,000 + 1 TestNXT.

While testing this morning, I sent 1,000,000 + 1,000  TestNXT to 14730376987822377578 which showed as a valid public key and appeared to have transaction success.

Upon looking at the history of 14730376987822377578 from NxtTestnet, I see "This account has a balance of 1'063'416 NXT" ; 1,000,000 being the TestNXT transferred this morning and 63,416 an old real NXT balance of real NXT account 14730376987822377578.

And even more bizarre, looking down into the transaction history I find dozens of Asset transfers between 3/11/2014 and 3/14/2014 all to the same account number 18232225178877143084. WHICH is the SAME TestNXT account that sent me 1,000,000 TestNXT on 3/19/2014.

Maybe I need another cup of coffee.






Test blockchain was duplicated from real blockchain. (up until a point).
hero member
Activity: 784
Merit: 500
Is that the announced trap?

No. It's a scheme how to steal NXTs. Quite simple scheme btw:

1. U use the same account in Nas.
2. He sends u 100000 NAS.
3. Few days later he offers to buy 50000 NAS for 0.01 BTC.
4. He sends the bitcoins in advance, u send him 50000 NAS.
5. He broadcasts this transaction into Nxt network.

Result: U sold 50k NXT for 0.01 BTC. Smiley

How?
member
Activity: 84
Merit: 10
Okay Nxt Community here is a quantum riddle;

My real NXT account number (Public Key) is 14730376987822377578 on NXT Mainnet. I have never used my real NXT passphrase on NXT testnet. However,   14730376987822377578 exists on NXT Testnet.

Yesterday, after I asked for TestNXT on this thread; 18232225178877143084 sent me a 1,000,000 + 1 TestNXT.

While testing this morning, I sent 1,000,000 + 1,000  TestNXT to 14730376987822377578 which showed as a valid public key and appeared to have transaction success.

Upon looking at the history of 14730376987822377578 from NxtTestnet, I see "This account has a balance of 1'063'416 NXT" ; 1,000,000 being the TestNXT transferred this morning and 63,416 an old real NXT balance of real NXT account 14730376987822377578.

And even more bizarre, looking down into the transaction history I find dozens of Asset transfers between 3/11/2014 and 3/14/2014 all to the same account number 18232225178877143084. WHICH is the SAME TestNXT account that sent me 1,000,000 TestNXT on 3/19/2014.

Maybe I need another cup of coffee.




legendary
Activity: 2142
Merit: 1010
Newbie
Result: U sold 50k NXT for 0.01 BTC. Smiley

Crazy!    Shocked     ...thnx brother...

Hey, just don't send NAS when he sends u 0.01 BTC.  Cheesy
member
Activity: 111
Merit: 10

BTER (again)

0.00005000   2,069,503.024   103.4751
full member
Activity: 224
Merit: 100
@CfB: Can we replay transactions from NXT in a clone and vice versa?

Yes, if a clone doesn't change transaction format. So anyone who uses the same account in both cryptos can lose NXTs.

If this is really the case, it could be very dangerous for those who post their Nxt account there.

I could post yours! ;-)

It's not a problem as long as you don't do an outgoing transaction in the clone blockchain.
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