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Topic: NXT :: descendant of Bitcoin - Updated Information - page 426. (Read 2761640 times)

legendary
Activity: 1778
Merit: 1043
#Free market
Did you want some TestNxt ?

Please send some to me, if you haven't already.

TestNXT to 2299216276842660095 please.

Sent 15K TestNxt , enjoy it Wink.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
But the bias is very small, right?  I mean, extremely minute, right, by like .0001 or something like that, right?  At least this is how I understand it from the other thread where this was discussed.

I thought it was higher than that - but I don't have any exact figures (maybe check with the math guy on that).
full member
Activity: 238
Merit: 100
Im glad to see TF fully coming to fruition soon.  Though to realize its 100% full potential will require all the forgers to begin to lease forging power to accounts that TF forge on public nodes that publish IP address.  Otherwise then when its time for an account to forge a block that is not participating with a published IP address for TF, then it cannot receive direct transactions from clients - clients will have to rely on the current broadcast mechanism for their transactions.

And I really wish we could limit effectiveBalance.  Not to punish the whales, since they can just lease out their power to different pools.  But to actually force a measure of distribution out there.

FTR, Im planning on running a forging account on of the nxtcrypto.org VPSs.  I will beef up its CPU/mem, and will see about getting some DDoS protection built in.  Will have to shut down API/User interfaces and just leave P2P port open.  I will create a vanity account with a very short acct# (currently looking for an 8 digit account, may have to use a 9 digit one) and it will forge with only 1 NXT and everyone can lease out their effectiveBalances to it.  Hopefully the other VPS admins out there will do the same thing.  Ill work on a HA system for a pair of VPSs that can work together and each can forge with the account if the other is having issues.  So hopefully will have a very high uptime % figure.
full member
Activity: 238
Merit: 100
I'm not sure of the exact balances - but yes I do think they were "set aside" and will stay there no matter what happens "with the price".

When you look into the design of TF it certainly favours larger accounts and I don't think that was "by accident".

But the bias is very small, right?  I mean, extremely minute, right, by like .0001 or something like that, right?  At least this is how I understand it from the other thread where this was discussed.
full member
Activity: 238
Merit: 100
I bring forward a motion for Jean-Luc to modify the NRS client to check string length of the passphrase and reject it if less than 15 characters AND it has zero transactions. (dont want to lock out any people that do have NXT with a 15 char password)
legendary
Activity: 1778
Merit: 1043
#Free market
hero member
Activity: 763
Merit: 500

THIS IS  ANOTHER REASON WHY WE HAVE LOST FOCUS!

Lock this thread and let's move to a new forum.

If we have a debate for something the whole thread get's derailed and you have the impression that NXT project is chaotic etc.

Having specialized topics like TF, Instant TXs, AT, AE etc will help a lot both progress and get rid of this feeling that progress is stalled, situation is fuzzy etc. that puts us in a negative feedback loop!


I agree with you.....I have realized the cons of staying on this thread now greatly exceed the benefits.


Hopefully once the committees are set up and run they will set up different threads/forums for each committees and the projects will be managed better. It maybe be a a good idea that each project will have a coordinator in each committee to a kind follow and assist it closely.
sr. member
Activity: 952
Merit: 253
Life has to go on, right?

I died for about 1 minute but I think that was about it.  Grin

I am sorry what happened to you happened, we all have those moments sometimes where we ignore a warning and regret it later.. I would probably have died for longer than a minute...

I agree refusing to accept a PW less than 20 chars would help, with this specific issue, but then hackers would create dictionaries of common 20 char words and phrases looking for someone who had tried to use a  phrase they could remember.

Unfortunately there will always people out there trying to take advantage of mistakes people make and in the FIAT world these crooks can be caught, in the crypto world the environment itself prevents that, ergo we need to try even harder to help people not make mistakes.

Due to primitive client SW NXT exposed something to the end-user that other crypto's hide, I expect the emerging NXT clients will improve this generating/enforcing strong brain wallet passwords, whilst using a local memorable password and/or 2FA mechanism to allow access to this.

Ian
legendary
Activity: 1205
Merit: 1000

THIS IS  ANOTHER REASON WHY WE HAVE LOST FOCUS!

Lock this thread and let's move to a new forum.

If we have a debate for something the whole thread get's derailed and you have the impression that NXT project is chaotic etc.

Having specialized topics like TF, Instant TXs, AT, AE etc will help a lot both progress and get rid of this feeling that progress is stalled, situation is fuzzy etc. that puts us in a negative feedback loop!


I agree with you.....I have realized the cons of staying on this thread now greatly exceed the benefits.


Let's go to http://www.nxtforum.org! Smiley

Seriously, the real dev's cryptomaniacs are Bitcointalk fan's and I rarely see them on other forums. Success with trying to lure them away here.  Sad Wink
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
You think the 50million Nxt accounts are always going to be there. That They were 'set aside' at the start as they were always designed to become part of the small group that make TF in Nxt work in the original plan?

I'm not sure of the exact balances - but yes I do think they were "set aside" and will stay there no matter what happens "with the price".

When you look into the design of TF it certainly favours larger accounts and I don't think that was "by accident".
legendary
Activity: 1205
Merit: 1000
Wikipedia.org update!

Hey guys,
after quite long time I finished creating new english version of Nxt wiki page:

https://en.wikipedia.org/wiki/Draft:NXT (it's always better to do something instead of chatting about it)

We have a very nice german version, but you cannot simply translate the text - https://de.wikipedia.org/wiki/Nxt - you need to use new citations in used language.

So it also means this article cannot be translated into languages where are missing published articles in that particular language.

I think now it needs only some grammar corrections and more wiki links and it should finally work. 22 citations could be enough Cheesy

nice, maybe we can also change the link https://en.wikipedia.org/wiki/Draft:Nxt

NXT is cryptocurrency
Nxt is ecosystem, right?!
+1
legendary
Activity: 1806
Merit: 1038
hero member
Activity: 490
Merit: 504
Wikipedia.org update!

Hey guys,
after quite long time I finished creating new english version of Nxt wiki page:

https://en.wikipedia.org/wiki/Draft:NXT (it's always better to do something instead of chatting about it)

We have a very nice german version, but you cannot simply translate the text - https://de.wikipedia.org/wiki/Nxt - you need to use new citations in used language.

So it also means this article cannot be translated into languages where are missing published articles in that particular language.

I think now it needs only some grammar corrections and more wiki links and it should finally work. 22 citations could be enough Cheesy

nice, maybe we can also change the link https://en.wikipedia.org/wiki/Draft:Nxt

NXT is cryptocurrency
Nxt is ecosystem, right?!
https://en.wikipedia.org/wiki/NXT will be only a crossroads
legendary
Activity: 2184
Merit: 1000

THIS IS  ANOTHER REASON WHY WE HAVE LOST FOCUS!

Lock this thread and let's move to a new forum.

If we have a debate for something the whole thread get's derailed and you have the impression that NXT project is chaotic etc.

Having specialized topics like TF, Instant TXs, AT, AE etc will help a lot both progress and get rid of this feeling that progress is stalled, situation is fuzzy etc. that puts us in a negative feedback loop!


I agree with you.....I have realized the cons of staying on this thread now greatly exceed the benefits.

hero member
Activity: 574
Merit: 500
I just think people should stop obsessing over these stakeholders and what they are doing and get busy doing whatever you can do to contribute. Far too much sour grapes about this in my opinion. NXT are still only pennies each. If you buy some now and it goes up to $1 that's quite a profit. If it goes up to $5 then one day people will hassle you about why you're not giving away money so they too can get in on the gravy train they didn't buy a ticket for.  

Agreed - and I don't think anyone is actually going to "convince" the anonymous founders to ever "give up their hoards" as IMO their goal wasn't to "get rich" at all.


You think the 50million Nxt accounts are always going to be there. That They were 'set aside' at the start as they were always designed to become part of the small group that make TF in Nxt work in the original plan?
full member
Activity: 189
Merit: 100
Wikipedia.org update!

Hey guys,
after quite long time I finished creating new english version of Nxt wiki page:

https://en.wikipedia.org/wiki/Draft:NXT (it's always better to do something instead of chatting about it)

We have a very nice german version, but you cannot simply translate the text - https://de.wikipedia.org/wiki/Nxt - you need to use new citations in used language.

So it also means this article cannot be translated into languages where are missing published articles in that particular language.

I think now it needs only some grammar corrections and more wiki links and it should finally work. 22 citations could be enough Cheesy

nice, maybe we can also change the link https://en.wikipedia.org/wiki/Draft:Nxt

NXT is cryptocurrency
Nxt is ecosystem, right?!
hero member
Activity: 574
Merit: 500
Did you want some TestNxt ?

Please send some to me, if you haven't already.

TestNXT to 2299216276842660095 please.
legendary
Activity: 1181
Merit: 1002
(not gonna quote it again)

Evil-Knievel your warning was hilarious - but what truly made my day is your signature: "If you like my scientific work, please consider a small donation to []"
-> simply priceless this scientific work  Wink
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