Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 402. (Read 2761638 times)

legendary
Activity: 1470
Merit: 1004
Someone should take the lead in launching Parallel Blockchain (NXG)  CFB has offered his expertise and help in doing this and it will benefit development of several current projects; NxtCash, X-Chain Transactions, etc...  I don't have the technical know how, but would suggest ChuckOne, Chanc3r, Zahlen.  

https://bitcointalksearch.org/topic/m.5600243

Also, please register at CIYAM.org to follow AT progress and give your input.
legendary
Activity: 1372
Merit: 1000
Could someone help me out?

I tried to withdraw from DGEX and they emailed me with:

"As your IP and withdrawal address have changed, we need to verify the ownership of your DGEX account to mitigate hacking cases. Could you please send the NXT account token from one of the following addresses:"

What exactly do I need to do?  How do I "send the NXT account token"?

Click that little key icon next to the lock in NRS...  then input whatever text you like as the website and generate a token.

Send the token to dgex and tell them what you typed in the website field...  they will decode it and see that you are in control of the account...  just make sure you do it from one of the accounts that was in their email.

Wait a sec.  The two account numbers in the email from DGEX aren't mine.  This is my first DGEX withdrawal and I've only ever deposited BTC there before.  What's going on?
sr. member
Activity: 308
Merit: 250
l8orre,

Thank you for responding.  That Android client is a gem and  yeuye000 released the source code to the community.

That Android client needs to be developed ASAP for Nxt to maximize it's potential.

I mean, right now.  All it really needs is GUI  re-skinned and re-colored and 1 spelling error fixed;
And the code reviewed / updated / security review.

I'm no coder yet.  But I do know my way around computers and networks.

I need a coder's interest to help with that Android client and I can help support the project and put together a proposal for Nxt Infrastructure Committee.

A functional good looking android client would be huge. How does this client actually work? Since we have no local signing yet, I wonder how the client works securely.

No reason my HTML client couldn't be converted to android / iphone app down the road too. More options Smiley
hero member
Activity: 910
Merit: 1000
To wesleyh and/or Come-From-Beyond (most likely the latter)

just my .5 nxt but In my most humble opinion, charging a fee for placing a buy or sell order has the
strong potential to be a deal breaker for many many people who trade.

No other exchange charges a fee for placing an order that may or may not go through and it's common practice for people to use buy and sell orders strategically, such as whales and their psychological maneuver using the order book to intimidate or elicit a hoped for buy or sell reaction. Sure whales can afford the fee but for many this will be a matter of principle and they'll go elsewhere.

Even regular people might put in a somewhat ridiculous limit order, just in case there's a quick spike in price. When the gambit doesn't work and the price moves even further away, you cancel the order. People are going to be pissed getting charged a fee for that.

These kinds of behaviors are important to people who trade.

Also, Ripple (a main competitor) has no fee (or an infinitesimal one) for trading even when the order goes through.

Any way to either eliminate the fee for trades, make them very very tiny (similar to Ripple) or at the very least only
charge the fee when the order goes through?

I am really hoping that this is considered and that it's not another thing that's "impossible" with NXT infrastructure.

I think spam protection is the reason. Spam protection for Nxt is not solved yet, so the fees are in place.
hero member
Activity: 910
Merit: 1000
l8orre,

Thank you for responding.  That Android client is a gem and  yeuye000 released the source code to the community.

That Android client needs to be developed ASAP for Nxt to maximize it's potential.

I mean, right now.  All it really needs is GUI  re-skinned and re-colored and 1 spelling error fixed;
And the code reviewed / updated / security review.

I'm no coder yet.  But I do know my way around computers and networks.

I need a coder's interest to help with that Android client and I can help support the project and put together a proposal for Nxt Infrastructure Committee.

A functional good looking android client would be huge. How does this client actually work? Since we have no local signing yet, I wonder how the client works securely.
member
Activity: 70
Merit: 10
To wesleyh and/or Come-From-Beyond (most likely the latter)

just my .5 nxt but In my most humble opinion, charging a fee for placing a buy or sell order has the
strong potential to be a deal breaker for many many people who trade.

No other exchange charges a fee for placing an order that may or may not go through and it's common practice for people to use buy and sell orders strategically, such as whales and their psychological maneuver using the order book to intimidate or elicit a hoped for buy or sell reaction. Sure whales can afford the fee but for many this will be a matter of principle and they'll go elsewhere.

Even regular people might put in a somewhat ridiculous limit order, just in case there's a quick spike in price. When the gambit doesn't work and the price moves even further away, you cancel the order. People are going to be pissed getting charged a fee for that.

These kinds of behaviors are important to people who trade.

Also, Ripple (a main competitor) has no fee (or an infinitesimal one) for trading even when the order goes through.

Any way to either eliminate the fee for trades, make them very very tiny (similar to Ripple) or at the very least only
charge the fee when the order goes through?

I am really hoping that this is considered and that it's not another thing that's "impossible" with NXT infrastructure.
legendary
Activity: 1372
Merit: 1000
Many thanks guys, I'm on it!
full member
Activity: 168
Merit: 100
Where do the numbers 1/3 and .1 come from.  I still dont understand the problem we are trying to solve here

https://forums.nxtcrypto.org/viewtopic.php?f=17&t=836

I read that earlier today.  did you read that?  it was arbitrary, no math behind it.

http://www.docdroid.net/9yub/forging.pdf.html

Quote
It Should be Observed That this probability does not out stretch to 0 (asm! 1) if the bad guy has at Least 1 = 3 of all active balances in the network in the case of U-algorithm (corresondingly, At Least 1 = 2 in the case of exp-algorithm). There should exist some  speci fic  methods  for  protecting network against Such an attack in the CASE WHEN there is risk that (active) relative balance of the bad guy Could Become larger than the above threshold

it may be a good idea to limit the forging power of accounts by some fixed  threshold,  e.g.,  if  an  account  has  more  than,  say,  300K  NXT,then it forges as if it had exactly 300K NXT. Of course, a rich guy can split his fortune between smaller accounts, but then all those accounts would forge roughly as one big account (without threshold) under Exp-algorithm.   One  can  one  use  the  computationally  easier  U-algorithm without having the drawbacks discussed in this section.

how to interpret the 1 = 3 and 1 = 2 parts?  Nevermind, from the paper, its 1/3 and 1/2.  The problem is theres no way to determine "all active balances".  I suggested limiting effectiveBalance a few weeks ago, but 300K seems excessively excessively harsh, and will also make a 1000tps network pretty much unfeasable, since it would require literally thousands of TF nodes that publish their IP and have DDoS protection, HA redundancy, etc

This is the question. if you can not know in real time the total efecctive balance  must to look for another
solution.,

would have to conciliate the following features in my humble opinion;

a) limit forging power to 0.1 (limit 1/3)  total active balance maximun per account.
b) chance forging for any account and funds must be about one day (share fee group)

if you have 1.000 VPS nodes (share free groups) and you limit forging power to 1.000.000 Nxt per account
then

1440 blocs per day means that 1.000.000 Nxt account forge every day
if you have more than 10.000.000 Nxt in this 1.000 VPS nodes then 1.000.000 Nxt per account is less or equal
than 0.1 * 10.000.000 Nxt


c) 1000 TPS

i do not how is the solution
full member
Activity: 238
Merit: 100
Could someone help me out?

I tried to withdraw from DGEX and they emailed me with:

"As your IP and withdrawal address have changed, we need to verify the ownership of your DGEX account to mitigate hacking cases. Could you please send the NXT account token from one of the following addresses:"

What exactly do I need to do?  How do I "send the NXT account token"?

You go to a little key icon in your NXT wallet and press it.
Type into a website field dgex.com and press on generate token. Copy and paste that long string of characters and send it to them.
It is pretty much a prof that you are the real owner of that particular account.
legendary
Activity: 1372
Merit: 1000
Could someone help me out?

I tried to withdraw from DGEX and they emailed me with:

"As your IP and withdrawal address have changed, we need to verify the ownership of your DGEX account to mitigate hacking cases. Could you please send the NXT account token from one of the following addresses:"

What exactly do I need to do?  How do I "send the NXT account token"?
full member
Activity: 154
Merit: 100
i just got my NXT filled... haha..
full member
Activity: 238
Merit: 100
Where do the numbers 1/3 and .1 come from.  I still dont understand the problem we are trying to solve here

https://forums.nxtcrypto.org/viewtopic.php?f=17&t=836

I read that earlier today.  did you read that?  it was arbitrary, no math behind it.

http://www.docdroid.net/9yub/forging.pdf.html

Quote
It Should be Observed That this probability does not out stretch to 0 (asm! 1) if the bad guy has at Least 1 = 3 of all active balances in the network in the case of U-algorithm (corresondingly, At Least 1 = 2 in the case of exp-algorithm). There should exist some  speci fic  methods  for  protecting network against Such an attack in the CASE WHEN there is risk that (active) relative balance of the bad guy Could Become larger than the above threshold

it may be a good idea to limit the forging power of accounts by some fixed  threshold,  e.g.,  if  an  account  has  more  than,  say,  300K  NXT,then it forges as if it had exactly 300K NXT. Of course, a rich guy can split his fortune between smaller accounts, but then all those accounts would forge roughly as one big account (without threshold) under Exp-algorithm.   One  can  one  use  the  computationally  easier  U-algorithm without having the drawbacks discussed in this section.

how to interpret the 1 = 3 and 1 = 2 parts?  Nevermind, from the paper, its 1/3 and 1/2.  The problem is theres no way to determine "all active balances".  I suggested limiting effectiveBalance a few weeks ago, but 300K seems excessively excessively harsh, and will also make a 1000tps network pretty much unfeasable, since it would require literally thousands of TF nodes that publish their IP and have DDoS protection, HA redundancy, etc
newbie
Activity: 8
Merit: 0
just an idea.. you know when you click on transactions then an address in transactions and this shows up

Account 4879225603217396121 Info
This account has a balance of 20'000 NXT.
Transactions
Assets
Aliases
Date   Type   Amount   Fee   Account
3/11/2014 15:48:53   Ordinary payment      5'000   5   You
3/11/2014 15:47:00   Arbitrary message      0   1   13641213266085296507
3/11/2014 15:45:47   Ordinary payment      10'000   10   13641213266085296507
3/11/2014 15:45:00   Ordinary payment      5'000   5   You


could you put a button saying send message to this acc instead of having to copy the address and then go to send message? and have it auto fill the address for you?

Hello kodtycoon. I am Chinese. My English is not good.
Beijing is now 0:00, I need to go to bed. I will try tomorrow to test my ability. Thank you
member
Activity: 84
Merit: 10
l8orre,

Thank you for responding.  That Android client is a gem and  yeuye000 released the source code to the community.

That Android client needs to be developed ASAP for Nxt to maximize it's potential.

I mean, right now.  All it really needs is GUI  re-skinned and re-colored and 1 spelling error fixed;
And the code reviewed / updated / security review.

I'm no coder yet.  But I do know my way around computers and networks.

I need a coder's interest to help with that Android client and I can help support the project and put together a proposal for Nxt Infrastructure Committee.
hero member
Activity: 525
Merit: 500
NXT is on sale. 6300 to 6800 satoshis. Nom nom nom. (Doge on sale too).
legendary
Activity: 1181
Merit: 1018
CIYAM Open could have moved the AT discussion to an easy to use forum.  

This is the error that I get when I tried to "Introduce" myself over in the Hard to use forum called CIYAM.org

Error: invalid command usage 'pc 20140311153028667000!XXXXXXXXX:Brian Snyder 20140311153757270 M100 M100C121 " " "M100C121F110=Hi CIYAM\\,

My name is Brian Snyder aka NxtMinnow from BCT.  I am here to stay updated on AT development and contribute my skills to help develop future decentralized applications. 

Sincerely\\,
Brian Snyder
,M100C121F106=20140311083757271,M100C121F100=20121221032214803000,M100C121F105=,M100C121F150=0,M100C121F151=,M100C121F152="'

Unbelievable.  No advance warning was given to the community that a forum move was impending.  Now the AT discussion is on a DEAD forum board that is a total PITA to use.  

I am headed to go print out Nxt business cards for handing out to people interested in Nxt at Coinsumm.it.

Good morning everyone.  Why is yueye000 Android client not receiving active development attention from the Nxt community?  His app was what sold me on Nxt originally. Mobile to mobile Nxt transfers with one minute confirmations? Yes please!

Maybe it is just this monster thread. This IS impractical after all. I suggest you contact Infrastructure or TechdevFund, and from there you if you are so inclined or you in conjunction with s.o. else can organize special interest topics in other forums ...

Android client is something with huge potential ...


hero member
Activity: 763
Merit: 500
wait.  so ciyam got so butthurt that he not only leaves this thread but he locks the AT thread and wants people to come to his own forums board to discuss?  wtf I dont understand how people let themselves get so butthurt over this

No one posted on the AT thread for days, so I don't blame him.  I've posted a link to the thread several times here yet there was little activity.  I highly recommend that if you want CIYAM's advice on a particular topic, you start a thread on his website. (http://ciyam.org/open/)  I plan to post projects there and encourage CIYAM to continue to develop projects for Nxt.  He is probably overwhelmed by this massive thread with irrelevant posts and "ideas".  I personally like this thread, but it's not for all.

He was also frustrated about the funding of his project. How much has been allocated to AT? How much does he can use for AT? No one give him a clean picture. Can anyone tell him about the funding for AT project?
hero member
Activity: 574
Merit: 500

my 2 cents' worth:

As each asset is sold you will receive [   ] NXT making a total of  [  ] NXT once all assets have been sold.




+1

Sounds good. will implement.

I considered this, the reason I decided against is was that the price for each asset was a line or two above. No harm in it though, it is clearer.
member
Activity: 84
Merit: 10
CIYAM Open could have moved the AT discussion to an easy to use forum.  

This is the error that I get when I tried to "Introduce" myself over in the Hard to use forum called CIYAM.org

Error: invalid command usage 'pc 20140311153028667000!XXXXXXXXX:Brian Snyder 20140311153757270 M100 M100C121 " " "M100C121F110=Hi CIYAM\\,

My name is Brian Snyder aka NxtMinnow from BCT.  I am here to stay updated on AT development and contribute my skills to help develop future decentralized applications. 

Sincerely\\,
Brian Snyder
,M100C121F106=20140311083757271,M100C121F100=20121221032214803000,M100C121F105=,M100C121F150=0,M100C121F151=,M100C121F152="'

Unbelievable.  No advance warning was given to the community that a forum move was impending.  Now the AT discussion is on a DEAD forum board that is a total PITA to use.  

I am headed to go print out Nxt business cards for handing out to people interested in Nxt at Coinsumm.it.

Good morning everyone.  Why is yueye000 Android client not receiving active development attention from the Nxt community?  His app was what sold me on Nxt originally. Mobile to mobile Nxt transfers with one minute confirmations? Yes please!
hero member
Activity: 504
Merit: 500
eidoo wallet
So Can someone PM me with the overall information regarding NXT? I only know that it's PoS and no mining is involved, but what is the substitute the devs used to mining?

I also know that all NXT were given out from the genesis block, but how do these NXT circulate? Better to rephrase that, what would make people want to trade NXT instead of hoarding it up, since all NXT were already given out? PM would be nice thanks.
Jump to: