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Topic: NXT :: descendant of Bitcoin - Updated Information - page 383. (Read 2761642 times)

legendary
Activity: 1722
Merit: 1217
are there any engineers here who can double check some math for me?

depend what it is.
https://bitcointalksearch.org/topic/m.5663657
thanks for taking a look either way
hero member
Activity: 715
Merit: 500
are there any engineers here who can double check some math for me?

depend what it is.
legendary
Activity: 1722
Merit: 1217
are there any engineers here who can double check some math for me?
hero member
Activity: 490
Merit: 504
don't make fun of Evil, he's got a hat, he can be bcnext or satoshi
https://bitcointalksearch.org/topic/--341956

and also promised 1000 Bitcoins and his ferrari for finding G-spot (misspelled by K-spot)
https://bitcointalksearch.org/topic/this-message-was-too-old-and-has-been-purged-427753
hero member
Activity: 834
Merit: 524
Nxt NEM
... also I do not really care if I get a reward or not! If you read my previous posts carefully, you would know what cars I drive and what trading volume I have on Kraken (over 100.000 US$ daily).

It was just interesting to see how high the gratitude is among the community, and it is obviously ZERO. Well, I have to accept that.

Well under the assumption you are telling the truth, you can't blame us because you went about it in a trolling manner. You can surely recognize that. You did not go about this
in a serious way as doctor evil did. Who btw received mucho praise and rewards from nxt community. In fact we are looking to hire/ask for more help from him.

I fully understand you, but I also believe that knowledge should be rewarded. People are not working for free, at least not the successful ones.
I am still not 100% sure if I should give away this knowledge for free or wait for some BUG-Bounty program to come up?

if you are talking about the 3rd flaw (prize 100k NXT), then it isn't anymore in the currently running codes. I've understood that the 3 flaws were injected to the code.
So, BUG-Bounty programs will not find it, if they find anything  Smiley
hero member
Activity: 490
Merit: 504
This paper was posted in another forum.
"It Will Cost You Nothing to 'Kill' a Proof-of-Stake Crypto-Currency"
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2393940

It basically says that with a pump and dump scheme someone could acquire 51% of NXT and control the blockchain.

NXT is immune to a 51% attack and to over a 90% attack due to transparent forging? Is it not?
use search button here:
https://bitcointalk.org/index.php?topic=345619.msg5440445;topicseen#msg5440445
sr. member
Activity: 952
Merit: 253
On Nodecoin/NXTcoin:

1) Who will buy them? It seems to me that it will follow the mine & dump path, so:
2) It will devalue NXT

PS: Ricky do you have skype? If yes PM me your ID please...

2 seems to contradict 1.  IMO, the more active nodecoin is, the more valuable NXT is

either people will run nodes as forging pools or we need people to run nodes and find a way to reward them...
nodecoin can provide proof of the work someones node has done irrespective of how much NXT they have...
let STOP thinking of it as another crypto currency but as a proof of a nodes work which needs rewarding with NXT
this reflects the contribution of the node to the stability of the NXTwork? (whatever the collective noun is for a collection of NXT nodes)
lets not think of it as a coin... so I'm going to call it something different - don't care what just want to ditch coin.

suppose in january 2014 NXTWork PoW Demon or its equivalent generates NXTWork201401 and in february NXTWork201402
now suppose we have a bounty for operating nodes each month
when january is complete ,we will know how much work the NXTwork has done in terms of NXTWork201401 tokens.
we know the january bounty -  divide the number of NXTWork201401 tokens their are, create one order for the total at a unit cost that spends the bounty and buys back all the issued tokens.
everyone can redeem their NXTWork201401 for a share of the bounty...
then delist the NXTwork201401

Repeat in 201402
Repeat....

If the bounty drops too low - people will stop running nodes.. if this affects the NXTWork, people who want to have a better NXTWork will increase the bounty and people will run nodes.... If it doesn't then the NXTWork bounty and the number of nodes will balance each other.

A bit crazy perhaps but it does provide a natural elasticity to allow the community to drive the performance of the NXTWork (sorry couldn't stand typing NXT Network)
full member
Activity: 164
Merit: 100
POS killed the POW-star
@wesleyh

I think i found a bug:
I tried to register a new account on http://nxtra.org/nxt-client/ with my ipad, but it was impossible.

Good night everybody Smiley
sr. member
Activity: 308
Merit: 250
make id:no. under the nxt logo one click copy too!

edit: also after you send nxt to someone. could you have an option pop up to allow you to save that acc under contacts. like on webtext. you could just have a lil box on the first "send nxt" pop up asking if you would like to save the acc as a contact after. that way if you do not wish to the second pop up wont appear?

edit: so to add contact after transaction > "send nxt" pop up > click check box "add as contact after transaction" > add contact pop up box appears

Add Contact
NAME
ACCOUNT ID < auto filed
EMAIL ADDRESS
DESCRIPTION
The account has a public key.

> close

Done, but not with a checkbox, instead I use the notification that is displayed after sending Nxt / messages:

legendary
Activity: 1181
Merit: 1002
I'm going to sleep. If u break something, I'll fix it tomorrow.

Just a joke  : )

 Grin

(save your blockchain/nxt_db people, elevated rollback probability  Wink )
full member
Activity: 238
Merit: 100
@Evil-Knievel
Even if it is not the fatal flaw and you found something important like doctor evil did and CFB or Jean-Luc confirms it. I guarantee the nxt community will reward without
you even having to ask.

yep, even though hes an easily butthurt assclown that has problems relating with normal people (your near-demand for upfront payment with no proof whatsoever proves you have zero clue how societal norms work*), sure, we will pay him if he has uncovered something big.

*we will give you a pass if you are a non-native English-speaking person who mistakenly demanded $ up front w/o a shred of evidence/proof

legendary
Activity: 1162
Merit: 1005
I'm going to sleep. If u break something, I'll fix it tomorrow.

Just a joke  : )

LOL Smiley

EDIT: now I also can go to sleep, everything is under control Smiley
hero member
Activity: 910
Merit: 1000
Best post of the day.
legendary
Activity: 2142
Merit: 1010
Newbie
I'm going to sleep. If u break something, I'll fix it tomorrow.

Just a joke  : )
sr. member
Activity: 316
Merit: 250
Simcoin Puny Humans Communicator
@Evil-Knievel
Even if it is not the fatal flaw and you found something important like doctor evil did and CFB or Jean-Luc confirms it. I guarantee the nxt community will reward without
you even having to ask. This goes to anybody out there who has "found" something.
full member
Activity: 238
Merit: 100
That guy (Jürgen) is a dork, it´s evident by reading his previous forum posts for 2-3 minutes.

Whatever...

Okay, you convinced me!
I will make my discovery public very soon in a separate thread. I will also attach a proof of concept so you all can fix this issue quickly.
Strange, that it is so hard to talk to people from the "open source scene" ... they are (in many - not all - cases) somehow awkward.  Roll Eyes Or let me better say: Not compatible with normal dudes like me!


ok here is the part where I say: you are 100% completely full of shit, have zero clue WTF you are talking about, and your 'proof' will be laughed at, if you have the balls to release it, which im sure you have no balls.  You are a fucking moron.  Everyone took your statement and asked for more before counting you off, as a sane person should have.  We were very cordial up front before you let yourself get soo butthurt. Roll Eyes "normal" dudes like you?  please, give me a break.  for one "normal" dudes arent "trading 100K USD per day" on some crypto exchange.  fucking idiot.
hero member
Activity: 910
Merit: 1000
I am still not 100% sure if I should give away this knowledge for free or wait for some BUG-Bounty program to come up?

If it is the fatal flaw, you get bounty. Pretty sure you get something if it is fatal but not the injected one.
hero member
Activity: 715
Merit: 500
... also I do not really care if I get a reward or not! If you read my previous posts carefully, you would know what cars I drive and what trading volume I have on Kraken (over 100.000 US$ daily).

It was just interesting to see how high the gratitude is among the community, and it is obviously ZERO. Well, I have to accept that.

Well under the assumption you are telling the truth, you can't blame us because you went about it in a trolling manner. You can surely recognize that. You did not go about this
in a serious way as doctor evil did. Who btw received mucho praise and rewards from nxt community. In fact we are looking to hire/ask for more help from him.

I fully understand you, but I also believe that knowledge should be rewarded. People are not working for free, at least not the successful ones.
I am still not 100% sure if I should give away this knowledge for free or wait for some BUG-Bounty program to come up?

I would consider to give it away for free. One guy got 10btc from CfB couples of week ago for exposing a fatal flaw in nxt.
Im not saying that the same situation will arise, but nxt community is very generous.

EDIT: yes that was Dr. Evil, I remember now.
full member
Activity: 126
Merit: 100
I fully understand you, but I also believe that knowledge should be rewarded.

We all think like that. Until now, u wrote some text (posted a few lines yaddayadda here). There is nothing that could be recognized as knowledge yet.

U surely understand that.

When Dr. Evil exposed flaw, he did it in a noble manner. For that, he gained both (financial) reward and well-deserved respect, u see. That was truly cool, u see. That was not the "yo man I drive expensive cars and trade $100k at kraken, I'm the shit and can easily create nxt out of thin air, man" attitude... ah.
sr. member
Activity: 897
Merit: 284
... also I do not really care if I get a reward or not! If you read my previous posts carefully, you would know what cars I drive and what trading volume I have on Kraken (over 100.000 US$ daily).

It was just interesting to see how high the gratitude is among the community, and it is obviously ZERO. Well, I have to accept that.

What you did in your previous posts was essentially extortion. Nobody is going to play that game.

If you truly found a flaw, expose it to Cfb or Jean-Luc and THEN the community will consider compensation, not before.
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