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Topic: NXT :: descendant of Bitcoin - Updated Information - page 340. (Read 2761645 times)

hero member
Activity: 490
Merit: 504
full member
Activity: 196
Merit: 100
well, our Messiah told it clearly, but still, - only "at least now":

quote author=BCNext link=topic=303898.msg3413767#msg3413767 date=1382764982
Nxt has such features as

# Instant transactions ("0-confirmation transactions")
# Anonymity of IP address send transactions & mining blocks (with Tor or the cloud client)
# P2P exchange BTC (with colored coins)
# Faster difficulty changes (adjusted each block)
# Name doesn't contain "coin", "cash", "kash", "money", "dollar",  nor "bit" (at least now, Nxt is a codename)

VISA scale volume can be achieved with 32 Mbps connection.

I can not give an answer regarding Zerocoin/CoinJoin now, I am not very familiar with these concepts.

But this has got some history, so the time has changes (but not sure if it is better now Cheesy )

quote author=Ukigo link=topic=183000.msg1909838#msg1909838 date=1366625491

Quote from: Ukigolink=topic=183000.msg1909838#msg1909838 date=1366625491
Hi all !
For new proposed "inflationary" fork of PPCoin,
https://bitcointalksearch.org/topic/truecoin-157994
we need to coin REALLY good name.

There are 3 rules  :

1) The name of the fork should NOT contain
 these particles : "coin", "money", "cash", "bit", byte". ( some other disallowed syllables might be added here later ).

2) The name of the coin should NOT be
 trademarked, registered, copyrighted,
 or patented.


Huh.  Thanks, Salsa, suddenly I think I'm a better detective than I thought I was.


Hey C-f-B...  is there any chance we get BCNext's 3rd plan ahead of schedule?    Roll Eyes

...it will make more sense to decide/agree on modifications once we have the full picture...

Ask him directly. Salsacz knows his real account.

Let me clarify.  I do not claim to know his REAL identity either.  However, BCNext himself has acknowledged being a long time poster at BCT under another user ID.  I believe I know that BCT user ID.  Do you know that?

If so, one day I will send you an anonymous message on the NXT blockchain revisiting this topic.

Let's play the game but we fix the weak points in such a way:

1. U post ur guess in this thread, I'll answer it publicly as well.
2. I tell TRUE or FALSE according to my guess regarding the real identity of BCNext.

PS: And then u'll tell why u think so, ok?

OK.

I think BTNext's previously used BCT username was/is Ukigo.
legendary
Activity: 1181
Merit: 1018
There is such a thread for AE testing - it only needs to be noticed and used:

https://bitcointalksearch.org/topic/m.5615079



it looks very techy though and would scare off the less techy people.. even the fact that it has instructions shows its not something you can just open and intuitively do!
[/quote]

yes, well - then just go ahead and make it so ...

sr. member
Activity: 288
Merit: 250
+1 to new thread inviting everyone to try it and post doubts,in a user friendly way.Would help to have some more feedback from people who dont know what Nxt is before its finally launched in April.
hero member
Activity: 910
Merit: 1000
There is such a thread for AE testing - it only needs to be noticed and used:

https://bitcointalksearch.org/topic/m.5615079


Haha, yeah. No. Please a new thread if everything works fine on wesleys online client.
legendary
Activity: 1181
Merit: 1018
MARKETING TEAM!!!

Can we have a ANN Thread today?

"[ANN]: NXT ASSET EXCHANGE on testNET LIVE! EASY Client included! Ask for testNXT!"

I think nobody knows that our Asset Exchange is working in TestNet?!? Announce it! Mastercoin Exchange will die, I'm sure...




I'd be happy to make a thread for AE.

What needs to be clear for everyone?

I think just this, isn't it?

Wesley's client: http://nxtra.org/nxt-client/

Where can they ask for TestNxt? In the [ANN] thread? Who will give those out?

Please let me know and I'll make one. Won't have time to monitor it today, though, so some people should step in, too Smiley

if you send a good chunk of test nxt to me i can dish it out for a few hours! Smiley il monitor the [ANN] thread and watch out for any questions. if they are techy ones il just post the link to them here and someone else can step in on that side

I can send 15-20 k TestNxt to every person who asks me.

I'm doing it for a couple of weeks






There is such a thread for AE testing - it only needs to be noticed and used:





https://bitcointalksearch.org/topic/m.5615079




hero member
Activity: 910
Merit: 1000
i dont think it really matters what nxt is... tbh i dont think many people really know what it is... only that its potential is astronomical! forget about what you think it is or should be... it is what it is and calling it one thing or another wont change jack shit and wont affect what it can be in the future, however wasting time over whether its Nxt or Nxtcoin or whether its a building block or whatever you want it to be is a big big waste of time! so just get on with it...

We should be clear about that it is very important for marketing that we know what Nxt is and that we call it the right way. Never heard of marketing and the importance of it, heh?

Quote
would it really have made a difference if tcp/ip had been called hoogleshmoogle? maybe to the devs yes.. but the rest of the world? oh wait do the rest of the world even know what hoogleshmoogle tcp/ip is? NO... so why does it matter!

wtf i want hoogleshmoogles right now.
hero member
Activity: 910
Merit: 1000
Nxt is not a coin. NXT is a coin, token, fee ticket, whatever...

I can understand a coin- token on top of decentralized platform. I cant understand a coin that is also the platform and building block of a free network. theoratically- all entrepreneurs can use  the network create coins on top of it and other assets, pay dividends and gamble, and NEVER require the use of a single NXT (especially if forging is now resulting in node coins)

Etherium are requiring ETH to be the oil of every transaction and that will drive both ETH usage and the etherium platform as a whole. here is seems to NOt be the case. am I wrong?

You need NXT as the basis payment currency as you need ETH.

+1

Don't know what freedomfighter is talking about.

By the way, Beyoncé himself stated long time ago that NXT, in his vision, is used to store value and coins-on-top will be used for daily transactions. That might change when we have TF, instant transactions and fractional NXT in place. Then NXT will be used for daily transactions.

So: moon.
hero member
Activity: 644
Merit: 500
" How long will it take that the NXT accounts are all discovered?"

If the password is strong, it will take trillions of years.

Quote
Can we build something to prevent this?

Yes enforce stronger password/pass phrase usage.
legendary
Activity: 1778
Merit: 1043
#Free market
All right people please explain this to me;

Is it possible that some criminal have an automatic bot that all day long is guessing the secret passphrase for NXT accounts. If the bot found a passphrase that GOT some NXT in it, send it to one allocated account and if there is NOT NXT proceed to next guessing. If you do this with very power computer / bot for a long time this will have success. How long will it take that the NXT accounts are all discovered?

Can we build something to prevent this?

1561456156156156154165146123 years. You can start now!

 Grin
full member
Activity: 238
Merit: 100
If we agree that it is no ordinary coin for the above reasons, then we should consider Ricky's point about NodeCoin altering the very fabric of Nxt; and not just brushing it aside as just a coin anybody can create on top of Nxt.

Personally...  I do view Nodecoin as just a project/asset/coin...  but let me make one thing clear...  IF the intention of "Nodecoin should be redeemable for accessing services (DAC, NxtCash, whatever)" was to exclude NXT from being used as well...  then it is definitely a NO GO.

I Agree...

Last time I checked, the only reason to any Nxt service (DAC, NxtCash) was to spend/receive Nxt, so why would using any of those services exclude Nxt?  We have a Nxt platform and apart from the core, anyone should be allowed to develop anything they want on top of it.  If we don't encourage complete openness to our platform, others will develop in alt POS coins.  


The fact that this forum is having philosophical issues with NodeCoin should tell you that there is something fundamentally wrong with the way Nxt implements Assets.  

It is not only Nxt that has this problem,  Mastercoin also has the same problem.  

its not a problem.  some people are just ignorant of the facts of how NXT works, and how an asset works.
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
All right people please explain this to me;

Is it possible that some criminal have an automatic bot that all day long is guessing the secret passphrase for NXT accounts. If the bot found a passphrase that GOT some NXT in it, send it to one allocated account and if there is NOT NXT proceed to next guessing. If you do this with very power computer / bot for a long time this will have success. How long will it take that the NXT accounts are all discovered?

Can we build something to prevent this?

Yes,  this was discussed a while back ago.    Happens all the time with Nxt implementation of 'secret passphrase'.  Some out there is constanly mining for passwords.   In fact DoctorEvil who cracked the genesis account a while back ago said that a big percentage of coin in 'mineable' in this way.
full member
Activity: 238
Merit: 100
All right people please explain this to me;

Is it possible that some criminal have an automatic bot that all day long is guessing the secret passphrase for NXT accounts. If the bot found a passphrase that GOT some NXT in it, send it to one allocated account and if there is NOT NXT proceed to next guessing. If you do this with very power computer / bot for a long time this will have success. How long will it take that the NXT accounts are all discovered?

Can we build something to prevent this?

they are already doing something much better than you describe.  prevention is having a strong passphrase
sr. member
Activity: 288
Merit: 250
All right people please explain this to me;

Is it possible that some criminal have an automatic bot that all day long is guessing the secret passphrase for NXT accounts. If the bot found a passphrase that GOT some NXT in it, send it to one allocated account and if there is NOT NXT proceed to next guessing. If you do this with very power computer / bot for a long time this will have success. How long will it take that the NXT accounts are all discovered?

Can we build something to prevent this?

1561456156156156154165146123 years. You can start now!
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
If we agree that it is no ordinary coin for the above reasons, then we should consider Ricky's point about NodeCoin altering the very fabric of Nxt; and not just brushing it aside as just a coin anybody can create on top of Nxt.

Personally...  I do view Nodecoin as just a project/asset/coin...  but let me make one thing clear...  IF the intention of "Nodecoin should be redeemable for accessing services (DAC, NxtCash, whatever)" was to exclude NXT from being used as well...  then it is definitely a NO GO.

I Agree...

Last time I checked, the only reason to any Nxt service (DAC, NxtCash) was to spend/receive Nxt, so why would using any of those services exclude Nxt?  We have a Nxt platform and apart from the core, anyone should be allowed to develop anything they want on top of it.  If we don't encourage complete openness to our platform, others will develop in alt POS coins.  


The fact that this forum is having philosophical issues with NodeCoin should tell you that there is something fundamentally wrong with the way Nxt implements Assets.  

It is not only Nxt that has this problem,  Mastercoin also has the same problem.  
member
Activity: 122
Merit: 10
All right people please explain this to me;

Is it possible that some criminal have an automatic bot that all day long is guessing the secret passphrase for NXT accounts. If the bot found a passphrase that GOT some NXT in it, send it to one allocated account and if there is NOT NXT proceed to next guessing. If you do this with very power computer / bot for a long time this will have success. How long will it take that the NXT accounts are all discovered?

Can we build something to prevent this?
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
Nxt Mining Pool Bounty posted @ Nextcoin.org

https://nextcoin.org/index.php/topic,4399.0.html

Initially seeded with 20k, please feel free to follow the link and donate additional funds to the posted address.  My initial 20k are being sent to that address (from cryptsy) hopefully they will show up before Monday. Tongue

This looks REALLY promising!!
full member
Activity: 168
Merit: 100
Nxt is not a coin. NXT is a coin, token, fee ticket, whatever...

I can understand a coin- token on top of decentralized platform. I cant understand a coin that is also the platform and building block of a free network. theoratically- all entrepreneurs can use  the network create coins on top of it and other assets, pay dividends and gamble, and NEVER require the use of a single NXT (especially if forging is now resulting in node coins)

Etherium are requiring ETH to be the oil of every transaction and that will drive both ETH usage and the etherium platform as a whole. here is seems to NOt be the case. am I wrong?

if you want to use AE nxt you have to use Nxt coins to pay the fees

AE NXT charges a small Nxt coin fee for each transaction and distributes the fee to the active nodes
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
Nxt is not a coin. NXT is a coin, token, fee ticket, whatever...

I can understand a coin- token on top of decentralized platform. I cant understand a coin that is also the platform and building block of a free network. theoratically- all entrepreneurs can use  the network create coins on top of it and other assets, pay dividends and gamble, and NEVER require the use of a single NXT (especially if forging is now resulting in node coins)

Etherium are requiring ETH to be the oil of every transaction and that will drive both ETH usage and the etherium platform as a whole. here is seems to NOt be the case. am I wrong?

You need NXT as the basis payment currency as you need ETH.
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