Topic: NXT :: descendant of Bitcoin - Updated Information - page 497. (Read 2761624 times)

No this is bad. The journalist should be beaten with a stick.
Going out of your way to find this person when he has made every effort to stay anonymous and when he has rejected you over and over, is disgraceful and unethical as hell. I hope this journalist gets fired. Even posted a fucking image of his house...

To be fair: in 2140, if  Bitcoin is still around, hell if even the concept of ownership of money as we know it today is still around 130 years from now then we have failed as a species ;P

Imagine that, now that we know who Satoshi is, they find that he is also BCNext....NXT to da mooonnnn!!!!  

IMO you are absolutely right.  Us stakeholders who got in at the beginning will forge, and surely quite a few others will, but Im not sure if we will ever see a truly large network of forgers in the near future.  Maybe when NXT as a base structure protocol takes off, then the services that operate on top of NXT will  also pitch in, but as it sits now, forging really isnt all that profitable at all.  Add to that we are planning on reducing the fee by 1/10 and possibly even more in the future...

I think we do need to rethink things - yes, the forging NXT vs mining BTC argument of no equipment depreciation vs NXT appreciation is valid, but still, there really is no profit to be made in forging.

Lets consider BTC in 2140, where there are only fees, or even earlier than that, when block reward is well under the current 25 BTC (I think 25) per block.  What are fees going to look like then?  Can we then expect the mining network to be MUCH smaller than it is now, since we believe the return wont be nearly as high?

We have to consider these things.  Im not sure where to go, I think people smarter than me should weigh in for strategy.  But I think we do need to adopt a different strategy/position than our current position's forging NXT vs mining BTC argument of no equipment depreciation vs NXT appreciation.

I think we are waiting for full client-side javascript signing where the passphrase is completely abstracted from any server.  When this is completed we could easily accomplish what you are suggesting on every nxt site out there:  nxtcrypto, mynext, etc etc and the user can then use APIs embedded into the javascript to view balances and perform transactions ,etc

xD  this is amazing !

oh, please:


import numpy as np

import sys
import string
 

def main():
    selChars = string.ascii_letters+ string.digits
    print( selChars)
    numPws=50
    pwLen=80
   
    for pwNum in range(numPws):
        pwDigs=np.random.randint(0,62,pwLen)
        pw=''
        for dig in pwDigs:
            pw += selChars[dig]
        print(pw)

if __name__=='__main__':
    main()

very good service for creating passwords, select the appropriate option http://www.newpasswordgenerator.com/
in the future, of course you want a built-in password generator




_______________________________________________________________________________ _________________________________
Next Coin Lite - Fair Distribution

Nxt 0.8.7 Windows Installer released.
This is for Main Net, not test.

https://nextcoin.org/index.php/topic,1902.0.html

It seems that the AUR bubble popped.

If NXT succeed, The identity of BCnext will be revealed some day. IMO.
If NXT failed, nobody cares who is BCnext.

So BCnext left NXT project just when Satoshi Nakamoto identity was discovered (but not yet published).....

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 0.8.7

http://download.nxtcrypto.org/nxt-client-0.8.7.zip

sha256: e2322bd01fe303d74511b377468f1ceaf51d623dc41f6f3044c22146d883911a


Change log:

Fixed unconfirmed balance calculations for the genesis block
account.

Fixed the display of the genesis account balance in the NRS UI.


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d

I agree. Not only his identity and home are shown via the photographs but also his license plate on his car... What if its the wrong guy? What if its the true satoshi! The journalist has gone too far.

But gold is used for manufacturing, so the price of gold NOT only dependent of speculation as the price of Bitcoin is. What can Bitcoin be used except of sending money back and forth?

You  friends is right. ATM, people earned money from bitcoin, just eared the one who after you. If bitcoin failed, then Bitcoin is definetely Ponzi scheme. All cryptocoins is the same. So, I always have a question too, Is NXT really make everyone earn money? the money you earned is not the one who after you.

+1

Your friend must be a true "economist"... What gives value to anything (fiat, gold, stocks, your time)? The fact that someone else is willing to give you something for it.

If all the people joining bitcoin after me are only willing to pay less than I did, they will never make me a dime.

I love "economists" that don't understand the basic principle of market and exchange of value. They're simply brainwashed by government and their "precious" fiat.

You sure he's an economist? Ask him what gives value to a 100 Dollar bill or a gold nugget...

Concerning crypto dev: I thought you were helping to find a team, therefore I suggested to contact DoctorEvil (https://nextcoin.org/index.php?action=profile;u=7550 - I cannot remember his profile on Bitcointalk)

Potential stoopid question alert... you have been warned.

Can someone clever fork the code and trigger the trap with a nice little log file to record the fallout without the Nxt universe imploding? Post the results of the log file here then all the other clever bods can figure out what the final fatal flaw is and net themselves 100,000 Nxt IIRC (probably collectively).

We know more about the code, TF is understood and implemented (I presumed TF isn't implemented yet because we haven't figured out the final flaw?) and we all party like it's 1440.

Possible?