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Topic: NXT :: descendant of Bitcoin - Updated Information - page 467. (Read 2761650 times)

full member
Activity: 238
Merit: 100
What is an ETA for Wesleys one click installer client? This is an absolute priority.

The client is there and working perfect, tested it over and over.

I think it will be integrated by J-L in the first new version that comes out.

Yes but is it a one click installer for new people?

If we have that than we need to push it and market it to the newcomers.
hero member
Activity: 910
Merit: 1000
What if we only can lease a maximum of 50% of our nxt forging power (or x% amount)? This would help get a low standard deviation for forging fee while if someone want its full forging power for all his nxt, he would still have to run a node.

You are assuming it was "part of the plan" to have a very large number of people running nodes.

The "plan" as far I as understand it now was to have a relatively small number of "super nodes" controlling the network.

The vision of Nxt is/was really to compete with Ripple rather than with anything else.


I don't know if his idea is a good idea. Could we discuss possible routes and the implications for Nxt, please.
member
Activity: 70
Merit: 10
...
All  clients should have password management system.  The client should generate cryptographically secure passwords and save them on hard disk in wallet.dat  ...
- I'm strongly disagree with this. This feature should be an option.

BCNext made brain wallet in Nxt on purpose. Russian government says, that those, who use any crypto, is a terrorist.

So wallet.dat is a proof that you have account in Nxt, so you are terrorist. Whilst brain wallet mean that you do not leave any trace on your hard disk.

It's a very good argument but then make password management the default with a way to opt into brain wallet only at your own risk.

Too many newbs think they can get away with a weak password not realizing there's pretty much 100% certainty of being hacked if you do so.
full member
Activity: 238
Merit: 100
No it directly critized Justabit and Nifty and portrayed them as working for this charity. They aren't working for this charity at all, they used it as a marketing tool. Back in December we sent JustaBit and Nifty to the Bitcoin conference in Miami where they made a lot of connections and helped put NXT on the map and this is how they are to be repayed?
If someone had issues iwth it they should've taken it public, sending PMs to people to get their votes while lying is downright fuckedup.

Same strategy Salsacz used against me. He quote mined shit and said things out of context to make people uncertain about certain things, while at the same time chatting with me on Skype about the same things acting like nothing Smiley This community is far from healthy.
But I no longer give a fuck as it has become beyond evident for anyone with a average IQ

What are you going to do?  I don't think people should talk behind other peoples' backs, but people are people.  This community is just as healthy as any other community.  Some people just aren't going to get along.



This statement makes 0% sense. You can't just say "oh this community is as healthy as any other community because they are both communities!"
We're talking about shady people using disgusting strategies to get in control of the marketing fund. That's pretty bad.

I know you own a lot of NXT so you want to downplay anything that could cause NXT to implode, but ignoring reality is not the way to go. I've talked to several good founders about this and they all agree and are sick of hoarders themselves.

Welcome to politics. If something is being voted on this is the kind of shit that happens. It's a candidates job to prepare and counter.
Sorry you lost the election.


Haha brush it under the rug as "politics", haha what a great community.
And no, I did not intend to counter at all. I was nominated and volunteered because I've been one of the main NXT proponents for 3 months and because I wanted to make sure the hardworkers of NXT get what they deserve; ACTUAL PAY.

I don't give a flying fuck if I'm in the committee or not. What I am saying is that if this shit keeps going then NXT is going to die. I've warned of this for over a month now and nothing has happened. No new devs, no new bounties, no new anything and we just lost 2 of our most important marketers to this bullshit.

What do you want us to do?  Redo the election?  We didn't tell them to bad mouth anyone.

There was just a 3-5 million NXT bounty by a large stakeholder.  What more do you want?

Exactly he did offer a bounty but he also asked that we implement such features that if we succeed to implement them value of NXT will go up 1000 times. So not bad, you give 10% and you watch your wealth increase up by 1000 times. Pretty selfish if you are asking me.
full member
Activity: 266
Merit: 100
NXT is the future
What is an ETA for Wesleys one click installer client? This is an absolute priority.

The client is there and working perfect, tested it over and over.

I think it will be integrated by J-L in the first new version that comes out.
hero member
Activity: 910
Merit: 1000
https://bitcointalksearch.org/topic/nxt-password-recovery-tool-nxt-mining-rig-506298

Did anyone see this yet?...hopefully nobody has easy to know passwords...

The dictionary approach for passwords is, in my opinion, a bad idea. No Nxt client should use something like that. It pretends security for the average user.

For the nxt client devs: Just implement an automatic password generator (with mouse movement maybe?) and use an encrypted (with a password made by the user) wallet file for local storage of the accounts.

edit:


BCNext made brain wallet in Nxt on purpose. Russian government says, that those, who use any crypto, is a terrorist.

So wallet.dat is a proof that you have account in Nxt, so you are terrorist. Whilst brain wallet mean that you do not leave any trace on your hard disk.

Ok, then make it a prominent option.
full member
Activity: 266
Merit: 100
NXT is the future
Yes please and stop quoting that piece of sh*t

Ignore him.
member
Activity: 70
Merit: 10
It depends on how much currency they control.  NXT is currently susceptible to 51% currency attacks because TF isn't fully implemented yet.  If someone is able to control 51% of the currency currently forging, they can attack NXT.

The probability that someone is going to buy that many Nxt (51%) then attack the network destroying his own wealth is close to zero. And what happens to Nxt prices if someone starts buying that many Nxt? It will cost much more than the current 0.05 cents to get to 51%

 It's just theoretical possibility but really irrelevant concern. 


The same kinds of things are said about Bitcoin's 51% attack vulnerability. We're supposed to be assured by the "unlikelihood" that a mining pool owner would go against their self interest to double-spend. Ignores the fact that some people just want to see the world burn, or there may be a larger financial reward waiting for the person who destroys Bitcoin.

Just because something is unlikely is not really good enough when you are talking about a financial system.  NXT's competitors are considering these types of things and so should we.
full member
Activity: 238
Merit: 100
What is an ETA for Wesleys one click installer client? This is an absolute priority.
full member
Activity: 238
Merit: 100
Cheesy Cheesy Cheesy

and watch when that 85% is running to the exit (which they eventualy will do soon), omg that door will be much to small! Cheesy

Weren't you supposed to sell your 100 million NXT a couple weeks ago?

busy with that.

you retards do not seem to understand it take alot of work and time to sell 100M specialy when noone is interested to buy. market is so thin i would kill nxt over and over and scare every one away (that would make me the bagholder)

it will take months to sell all unless i dump 50 to 60 times but than price will go to zero every time

I don't see any NXT moving out of the large accounts.  What's your account number?

Why the fuck do you keep responding to him?

It's well known the guy doesn't own more than few thousand Nxt

Move on

Exactly do not respond to an idiot and he will stop it. He is feeding of your posts!
sr. member
Activity: 644
Merit: 250
Cheesy Cheesy Cheesy

and watch when that 85% is running to the exit (which they eventualy will do soon), omg that door will be much to small! Cheesy

Weren't you supposed to sell your 100 million NXT a couple weeks ago?

busy with that.

you retards do not seem to understand it take alot of work and time to sell 100M specialy when noone is interested to buy. market is so thin i would kill nxt over and over and scare every one away (that would make me the bagholder)

it will take months to sell all unless i dump 50 to 60 times but than price will go to zero every time

I don't see any NXT moving out of the large accounts.  What's your account number?

Why the fuck do you keep responding to him?

It's well known the guy doesn't own more than few thousand Nxt

Move on

Sorry.  I was bored.
hero member
Activity: 644
Merit: 500
Cheesy Cheesy Cheesy

and watch when that 85% is running to the exit (which they eventualy will do soon), omg that door will be much to small! Cheesy

Weren't you supposed to sell your 100 million NXT a couple weeks ago?

busy with that.

you retards do not seem to understand it take alot of work and time to sell 100M specialy when noone is interested to buy. market is so thin i would kill nxt over and over and scare every one away (that would make me the bagholder)

it will take months to sell all unless i dump 50 to 60 times but than price will go to zero every time

I don't see any NXT moving out of the large accounts.  What's your account number?

Why the fuck do you keep responding to him?

It's well known the guy doesn't own more than few thousand Nxt

Move on
legendary
Activity: 1120
Merit: 1000
Guys what about the distribution?
Somebody was revealing top 60 accounts holdings spreadsheet a month ago for a week or so. Did the distribution change any since? It is well obvious that we have whales unloading and keeping the price down for last couple of weeks.
It would be interesting to see these distribution numbers at the moment.

Ok, here's the current NXT distribution as of today.



As you can see, it's pretty horrible. The whales rule almost 85% of the whole coin, and I guess most of them are the initial investors.

Excluding the ~85% of the total NXT the whales have, here's the distribution of the remaining 15%:




 Cheesy Cheesy Cheesy

and watch when that 85% is running to the exit (which they eventualy will do soon), omg that door will be much to small! Cheesy

Speaking of which, aren't YOU one of THEM?

(and go to hell PIE fatsos)
legendary
Activity: 1806
Merit: 1038
...
All  clients should have password management system.  The client should generate cryptographically secure passwords and save them on hard disk in wallet.dat  ...
- I'm strongly disagree with this. This feature should be an option.

BCNext made brain wallet in Nxt on purpose. Russian government says, that those, who use any crypto, is a terrorist.

So wallet.dat is a proof that you have account in Nxt, so you are terrorist. Whilst brain wallet mean that you do not leave any trace on your hard disk.
full member
Activity: 168
Merit: 100
Cheesy Cheesy Cheesy

and watch when that 85% is running to the exit (which they eventualy will do soon), omg that door will be much to small! Cheesy

Weren't you supposed to sell your 100 million NXT a couple weeks ago?

busy with that.

you retards do not seem to understand it take alot of work and time to sell 100M specialy when noone is interested to buy. market is so thin i would kill nxt over and over and scare every one away (that would make me the bagholder)

it will take months to sell all unless i dump 50 to 60 times but than price will go to zero every time

I don't see any NXT moving out of the large accounts.  What's your account number?


whales nxt sitting on exchange for ages now so you wont see movement what you see is left over

how can you see movement when nooone is buying?

Transfer NXT back into your account and show us.

 Cheesy Cheesy


ok now i see you are just a kid so i wont call you retarded much to learn so naive
sr. member
Activity: 644
Merit: 250
Cheesy Cheesy Cheesy

and watch when that 85% is running to the exit (which they eventualy will do soon), omg that door will be much to small! Cheesy

Weren't you supposed to sell your 100 million NXT a couple weeks ago?

busy with that.

you retards do not seem to understand it take alot of work and time to sell 100M specialy when noone is interested to buy. market is so thin i would kill nxt over and over and scare every one away (that would make me the bagholder)

it will take months to sell all unless i dump 50 to 60 times but than price will go to zero every time

I don't see any NXT moving out of the large accounts.  What's your account number?


whales nxt sitting on exchange for ages now so you wont see movement what you see is left over

how can you see movement when nooone is buying?

Transfer NXT back into your account and show us.

BTW, the exchange accounts don't have 100 million NXT.  They have close to 50 million NXT total.  Where is your other 50 million NXT?
full member
Activity: 168
Merit: 100
No it directly critized Justabit and Nifty and portrayed them as working for this charity. They aren't working for this charity at all, they used it as a marketing tool. Back in December we sent JustaBit and Nifty to the Bitcoin conference in Miami where they made a lot of connections and helped put NXT on the map and this is how they are to be repayed?
If someone had issues iwth it they should've taken it public, sending PMs to people to get their votes while lying is downright fuckedup.

Same strategy Salsacz used against me. He quote mined shit and said things out of context to make people uncertain about certain things, while at the same time chatting with me on Skype about the same things acting like nothing Smiley This community is far from healthy.
But I no longer give a fuck as it has become beyond evident for anyone with a average IQ

What are you going to do?  I don't think people should talk behind other peoples' backs, but people are people.  This community is just as healthy as any other community.  Some people just aren't going to get along.



This statement makes 0% sense. You can't just say "oh this community is as healthy as any other community because they are both communities!"
We're talking about shady people using disgusting strategies to get in control of the marketing fund. That's pretty bad.

I know you own a lot of NXT so you want to downplay anything that could cause NXT to implode, but ignoring reality is not the way to go. I've talked to several good founders about this and they all agree and are sick of hoarders themselves.

Welcome to politics. If something is being voted on this is the kind of shit that happens. It's a candidates job to prepare and counter.
Sorry you lost the election.


Haha brush it under the rug as "politics", haha what a great community.
And no, I did not intend to counter at all. I was nominated and volunteered because I've been one of the main NXT proponents for 3 months and because I wanted to make sure the hardworkers of NXT get what they deserve; ACTUAL PAY.

I don't give a flying fuck if I'm in the committee or not. What I am saying is that if this shit keeps going then NXT is going to die. I've warned of this for over a month now and nothing has happened. No new devs, no new bounties, no new anything and we just lost 2 of our most important marketers to this bullshit.




+1
full member
Activity: 168
Merit: 100

FinCEN getting involved in cryptocurrency is a huge blow to Bitcoin in the US and NXT as well.   If NXT implements NXTcash as a truly anonymous transfer service, we can expect FinCen to arrest James as a terrorist.

I am only partially joking.
will I get internet access from jail?

James is a machine Grin

looking forward to first delivery of that machine Grin

bla bla bla
hero member
Activity: 644
Merit: 500
It depends on how much currency they control.  NXT is currently susceptible to 51% currency attacks because TF isn't fully implemented yet.  If someone is able to control 51% of the currency currently forging, they can attack NXT.

The probability that someone is going to buy that many Nxt (51%) then attack the network destroying his own wealth is close to zero. And what happens to Nxt prices if someone starts buying that many Nxt? It will cost much more than the current 0.05 cents to get to 51%

 It's just theoretical possibility but really irrelevant concern. 
sr. member
Activity: 644
Merit: 250
No it directly critized Justabit and Nifty and portrayed them as working for this charity. They aren't working for this charity at all, they used it as a marketing tool. Back in December we sent JustaBit and Nifty to the Bitcoin conference in Miami where they made a lot of connections and helped put NXT on the map and this is how they are to be repayed?
If someone had issues iwth it they should've taken it public, sending PMs to people to get their votes while lying is downright fuckedup.

Same strategy Salsacz used against me. He quote mined shit and said things out of context to make people uncertain about certain things, while at the same time chatting with me on Skype about the same things acting like nothing Smiley This community is far from healthy.
But I no longer give a fuck as it has become beyond evident for anyone with a average IQ

What are you going to do?  I don't think people should talk behind other peoples' backs, but people are people.  This community is just as healthy as any other community.  Some people just aren't going to get along.



This statement makes 0% sense. You can't just say "oh this community is as healthy as any other community because they are both communities!"
We're talking about shady people using disgusting strategies to get in control of the marketing fund. That's pretty bad.

I know you own a lot of NXT so you want to downplay anything that could cause NXT to implode, but ignoring reality is not the way to go. I've talked to several good founders about this and they all agree and are sick of hoarders themselves.

Welcome to politics. If something is being voted on this is the kind of shit that happens. It's a candidates job to prepare and counter.
Sorry you lost the election.


Haha brush it under the rug as "politics", haha what a great community.
And no, I did not intend to counter at all. I was nominated and volunteered because I've been one of the main NXT proponents for 3 months and because I wanted to make sure the hardworkers of NXT get what they deserve; ACTUAL PAY.

I don't give a flying fuck if I'm in the committee or not. What I am saying is that if this shit keeps going then NXT is going to die. I've warned of this for over a month now and nothing has happened. No new devs, no new bounties, no new anything and we just lost 2 of our most important marketers to this bullshit.

What do you want us to do?  Redo the election?  We didn't tell them to bad mouth anyone.

There was just a 3-5 million NXT bounty by a large stakeholder.  What more do you want?

No, I no longer care.
The 3-5 million NXT bounty JUST happened and it is very specific to a handful of people. Which is fine.
But it doesn't in any shape way or form show that any of what I've said is wrong.

But hey, keep ignoring the cancer in the community and soon big things will demolish all of NXT.

I'm not sure what I'm ignoring, but ok.

You're always going to have people in a community that don't get along or that do something that the others don't agree with.  I don't condone spreading lies or talking behind peoples' backs.
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