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Topic: NXT :: descendant of Bitcoin - Updated Information - page 498. (Read 2761624 times)

hero member
Activity: 784
Merit: 500
He looks at Bitcoin as a type of Ponzi scheme: all people joining Bitcoin after you, make you money.

Let's say you bought one Bitcoin at $1000...  then there is a 50% decrease in Ask rates and I buy one Bitcoin at $500...  how exactly did that make you any money?    Huh   

Was he referring to Satoshi only?    Undecided

Well, if you hodl your Bitcoin you hope that the newcomers will drive the price high again. But there is nothing behind it, just the newcomers driving the price high.
sr. member
Activity: 952
Merit: 253
WTF! But not nice they posted his house, bad journalism, all about getting visitors and attention.  Angry

+1 Ok its news if true but why post his house - unnecessary...
I really hope that this does not get out of hand, watch out for the press feeding frenzy,,,,
And the whacko's, people with a grudge because of Gox or malleability or whatever....
Feel really sorry for the guy whoever he is..
hero member
Activity: 798
Merit: 500
WTF! But not nice they posted his house, bad journalism, all about getting visitors and attention.  Angry

If this is true and those are indeed the real names plus the real house... that journalist is completely insane (and a criminal that should be arrested).

What the f# is this, completely destroying the privacy of the man who clearly did want nothing but his identity kept a secret?

I hope this is just a ridiculous hoax. edit:
https://twitter.com/gavinandresen/status/441547758827474946  Seems like it might actually be real
legendary
Activity: 1205
Merit: 1000
WTF! But not nice they posted his house, bad journalism, all about getting visitors and attention.  Angry
hero member
Activity: 784
Merit: 500
I had a very interesting chat with one of my economist friends. He asked me a question, which I would like to forward to you, as I am very keen to hear what you think about it.

What gives value to Bitcoin? Why would someone buy 1 digital currency for $1000?


He looks at Bitcoin as a type of Ponzi scheme: all people joining Bitcoin after you, make you money.
hero member
Activity: 574
Merit: 500
What for?

Not everyone can process 1000 tps.

please stop talking about 1000 tps, it is wishfull thinking from BCNext.

Pinarello, Nxt as a decentralized platform could become huge, not (only) as a currency. Imagine, we have zero fees.

Ah, right...

We should activate the incentive and fee discussion again Grin

Upped.

Here I wrote about it Smiley
http://www.reddit.com/r/CryptoCurrency/comments/1zmv2q/decentralized_internet_and_nxt_solutions/
(and yes, you can also give some ups Cheesy )

Great and UPed! And added to wiki:

http://wiki.nxtcrypto.org/wiki/External_Articles

But No date?! Please add date.
sr. member
Activity: 897
Merit: 284
Windows Installer Nxt TestNet 0.8.6 w/ Wesley's interface

THIS IS FOR TESTNET ONLY!!!!!!!!!!!!!

Some of the java install features are disabled in this release. So far in my testing this will run side by side with Nxt MainNet 0.8.6 without issue.
This installer will install Nxt-TestNet to c:\Nxt-TestNet. It has it's own Start Menu group and uninstaller so it will not screw up an existing installation.

The interface is defaulted to Wesley's web interface at http://localhost:6876/dev. The reference NRS interface is available at http://localhost:6875/.

SHA-256 for the installer is 474F43B1E558E9E3F2DE426DA9452D99653D69641A932E5096B490DFFFD07870

Download: http://www.mediafire.com/download/8mmwfn8xdfyn2w9/Nxt_Test_Net_0.8.6_Web_Setup.exe


I'm also begging for Test Nxt to 2296334673562181299
newbie
Activity: 56
Merit: 0
full member
Activity: 196
Merit: 100
NXT FUNDING COMMITTEE VOTE IS NOW UNDERWAY UNTIL 12:01 AM MARCH 8 (UTC)

Per our previous poll, all three committees (NXTmarketingfund, NXTtechdevfund and NXTinfrastructure fund) will consist of five elected members.

Read candidate statements here:

https://bitcointalksearch.org/topic/m.5280476

Background:

https://bitcointalksearch.org/topic/m.5280786

DETAILS ON VOTING :


NXTers WHO HAVE POSTED 5-9 TIMES TO THIS THREAD PER NEWCN'S LIST BELOW : IF YOU WANT TO VOTE, PM ME AND I ***WILL*** SEND YOU A BALLOT CODE.


LIVE ONGOING VOTE RESULTS:

https://www.electionbuddy.com/elections/12343/results/t34ayqhm2


Update:  With 35 hours to go in this election,  I have now distributed 391 ballot access codes so far to nominees, candidates, everybody that has ever posted 10 or more times to this thread per newcn's list of most active posters (see https://bitcointalksearch.org/topic/m.5456233 ), and various PM requesters not included in the above.  I am caught up and have no outstanding PM requests for ballot codes at this time.  

This election is winding down and due to my efforts at Texas Bitcoin Conference I will not be sending any more unsolicited ballot codes.  I believe the numbers indicate that we have hit the law of diminishing returns on sending out additional ballots.  I believe the end results of this election will constitute a fair, honest and successful effort to empanel all three NXT funding committees.

BOTTOM LINE: At this time 224 of the 391 distributed ballot access codes have been used to vote.   There are 167 unutilized and 109 undistributed ballot access codes still available.

full member
Activity: 236
Merit: 100
Anyone likes my idea a Electrum-like passphrase generator to be included in Nxt clients? Today there are two new stories of newbies who had their Nxt stolen because they used a weak password

https://nextcoin.org/index.php/topic,4316.0.html

Not sure about the Electrum passphrase generator. Offspring does have a passphrase generator since day one. This is the algorithm that generates that passphrase.

Code:
import org.apache.commons.lang3.RandomStringUtils;

private String generatePassphrase() {
    // No space, backslash, newline, tab
    String symbols = "!\"$%^&*()-_=+[{]};:'@#~|,<.>/?"; //$NON-NLS-1$
    String alphaNum = "abcdefghijklmnopqrstuvwxyzABCDEFGHIJKLMNOPQRSTUVWXYZ01234567890"; //$NON-NLS-1$
    int low = 70;
    int high = 90;
    Random random = new Random();
    int count = random.nextInt(high - low) + low;
    return RandomStringUtils.random(count, symbols + alphaNum);
}


Java.util.Random is not cryptographically secure.

Change it to SecureRandom or people using Offspring to create Nxt accounts would be vulnerable

http://stackoverflow.com/questions/11051205/difference-between-java-util-random-and-java-security-securerandom

It depends on what you use the random number for, in this case it makes no difference if you would use SecureRandom or Random.
Anyways thanks for looking it up, tips are always appreciated.


l posted a passphrase generator. last month.
-------------
i coded a simple brain wallet
   shuffle 3 simple easy rememebered strings into a secret phrase.
strings like:
BTC address
a long english sentence
telphone number

shuffle control string, like
0123456789
 0: one by one insert,
 1: one by 2 insert.
the control string different ,the shuffle is different.

how to  generate a secret phrase by shuffle.
1 get a long string  by shuffle 3 short strings.
2. every bytes +100 , to another string
3.loop to 104, get 6 times long the source string,let say is SA.
4. SA + password =secret phrase
------------

e.g.  from  a txt file
-------------
**  multi_wallet
734ZrZPdZjLbwHfUbNo2kA9BdtC11214124j242
**  
We don't really need a 100% full timeyptographerbutomebodywcan consult with regularly, and who can stay reasonably up to date with the current state of Nxt. Most of the time we don't need to make changes that require consulting a cryptographer, but when we do, we need to have somebody to refer to. Like, when considering changing the TF algorithm, or when deciding if there is any risk in accepting the proposed fix for the signature verification failing.(red chars must remember)
**  nxt account
54365346908638959818
12344(must remember)
-----------------


passphrase:
7cl di nb rtene a sngor nu 8curf hanwieanMhivteae'i ds5dohr aglshaatHftZeFrs.gd3 cWei2re a tiinoNu lnso1n hl hr rsu emltZt4so o.  Ugtart8okr aboehh9,hwgft  oltfef n n httsadsud  tca luoeepid2h ire w2 1ia i9t3w4p ce  ttyeZ' otger oysde%tkpt we 1nah1at evamyraig  wooidh5  nson6ilaxnca ie jr e0 tthsn a4nagfer1 hiegniganeLwt t s e t8o  0ole d wdrbnqf,9hu pcnoycbd  4n5 limegd ecoenn  eodsorr1tphi iemofdyAnf,a2knNrtrtirwhmrar3we 49Loeet80 ieiurde Pyopjtc ec  ,e uTBrtealgtpb4whrect kooyte3ee2cwnxu ,o,fyCh oetg oebo cip6tb.n  yie6m°Üå™Ýâ™çÛ™ëíÞçÞ™Ú™ìçàèë™çî™±Üîëß™áÚçðâÞÚçÆáâïíÞÚÞ â™Ýì®Ýèáë™ÚàåìáÚÚíÁßíÓÞ¿ëì§àݬ™ÜÐÞâ«ëÞ™Ú™íââçèÇî™åçìèªç™áå™áë™ëìî™ÞæåíÓí­ìè™è§™™ÎàíÚëí±èäë™ÚÛèÞáá²¥áðàßí™™èåíßÞß™ç™ç™áííìÚÝìîÝ™™íÜÚ™åîèÞÞéâÝ«á™âëޙ𫙪âÚ™â²í¬ð­é™ÜÞ™™ííòÞÓ ™èíàÞë™èòìÝÞžíäéí™ðÞ™ªçÚáªÚí™ÞïÚæòëÚâà™™ðèèâÝá®™™çìèç¯âåÚñçÜÚ™âÞ™ãë™Þ©™ííáìç™Ú­çÚàßÞ몙áâÞàçâàÚçÞÅðí™í™ì™Þ™í±è™™©èåޙݙðÝëÛçêߥ²áî™éÜçèòÜÛÝ™™­ç®™åâæÞàÝ™ÞÜèÞçç™™ÞèÝìèëëªíéáâ™âÞæèßÝòºçߥګäçÇëíëíâëðáæëÚë¬ðÞ™­²ÅèÞÞí±©™âÞâîëÝÞ™ÉòèéãíÜ™ÞÜ™™¥Þ™îÍ»ëíÞÚåàíéÛ­ðáëÞÜí™äèèòíÞ¬ÞÞ«Üðçñè¥ßò¼á™èÞíà™èÞÛè™Üâé¯íۧ癙òâÞ¯æ±Ýæ¦Þã¦èܦìîßèߦۦíèáéì¦è零Ýïìà¦âÛèñãßÛèÇâãðîßÛß¡ã¦Þí¯Þéâì¦ÛáæíâÛÛîÂàîÔßÀìí¨áÞ­¦ÝÑßã¬ìߦۦîããèéÈï¦æèíé«è¦âæ¦âì¦ìíï¦ßçæîÔî®íé¦é¨¦¦ÏáîÛìî²éåì¦ÛÜéßâ⳦âñáàéæîàßà¦è¦è¦âîîíÛÞíïÞ¦¦îÝÛ¦æïéßßêãÞ¬â¦ãìߦñ¬¦«ãÛ¦ã³î­ñ®ê¦Ýߦ¦îîóßÔ¡¦éîáßì¦éóíÞߟîåêî¦ñߦ«èÛâ«Ûî¦ßðÛçóìÛãᦦñééãÞ⯦¦èíéè°ãæÛòèÝÛ¦ãߦäì¦ßª¦îîâíè¦Û®èÛáàß쫦âãßáèãáÛèßÆñî¦î¦í¦ß¦î²é¦¦ªéæߦަñÞìÜèë঳âï¦êÝèéóÝÜÞ¦¦®è¯¦æãçßáÞ¦ßÝéßè覦ßéÞíéìì«îêâã¦ãßçéàÞó»èà¦Û¬åèÈìîìîãìñâçìÛì­ñߦ®³Æéßß¦ãßãïìÞߦÊóéêäîݦßݦ¦¦ß¦ïμìîßÛæáîêÜ®ñâìßÝî¦åééóîß­ß߬Ýñèò簾é¦àó½â¦éßîá¦éßÜé¦Ýãê°îܨ覦óãß°ç


---------

you cannot rember the passphrase, but know how to generate it.
hero member
Activity: 574
Merit: 500
BTC38 is asking about which coin to add next on their exchange. Please take a few minutes to let them know about Nxt:

https://bitcointalksearch.org/topic/m.5525645



voted

Voted, I am slowly catching up after being 75 pages behind!!

Makes me feel like I can't be involved when I fall behind... Cry  I wonder what you are all talking about today... suppose I'll find out tomorrow of the day after!
legendary
Activity: 1176
Merit: 1134

“Ooh Aah... Just a Little Bit” : A small amount of side channel can go a long way
http://eprint.iacr.org/2014/161.pdf

How is it about Nxt?

Code:
Abstract. We apply the FLUSH+RELOAD side-channel attack based on cache hits/misses to extract a small amount
of data from OpenSSL ECDSA signature requests. We then apply a “standard” lattice technique to extract the
private key, but unlike previous attacks we are able to make use of the side-channel information from almost all
of the observed executions. This means we obtain private key recovery by observing a relatively small number of
executions, and by expending a relatively small amount of post-processing via lattice reduction. We demonstrate
our analysis via experiments using the curve secp256k1 used in the Bitcoin protocol. In particular we show that
with as little as 200 signatures we are able to achieve a reasonable level of success in recovering the secret key for
a 256-bit curve. This is significantly better than prior methods of applying lattice reduction techqniques to similar
side channel information.


I hope "Consequently, a spy program and the victim must execute on the same execution core of the
processor" is the key limitation of this attack. Basically if your computer ends up running a password cracker, even if it doesnt directly intercept the passkey, it can use sidechannel info (like sound, cache hit/miss, etc) to pretty quickly crack the password.

This is why for hardened servers, you want to have as few processes running on it as possible.

James
legendary
Activity: 1162
Merit: 1005
Jean-Luc

How to get rid off of unconfirmed transaction, staying here for a long time? http://217.17.88.5:7875/
Did refresh also restarted node, nothing helps. Do I need to reload blockchain from scratch?


It will never be confirmed because it is not valid. It is a special case that I will fix in 0.8.7.


OK, thanks. Going to test AE Smiley
full member
Activity: 236
Merit: 100
about Asset Exchange test
everything looks like ok.

found a api error

1. getTrade  OK
{"trades":[{"timestamp":8778667,"price":200,"bidOrderId":"10668185170919619908","askOrderId":"11342895551343357312","quantity":15},{"timestamp":8778667,"price":300,"bidOrderId":"10668185170919619908","askOrderId":"627868227848821830","quantity":10}]}

2.getAskOrder
http://127.0.0.1:6876/nxt?requestType=getAskOrder&order=11342895551343357312 (this api don’t corret)
{"errorCode":5,"errorDescription":"Unknown order"}
askorder or bidorder api cannot return result.

3.getTransaction OK (use this api replace getaskorder api)
http://127.0.0.1:6876/nxt?requestType=getTransaction&transaction=11342895551343357312

btw
i have issued some tulips(quantity=100). Tomorrow i will launch Tulip Bubble TEST, who earned most testNxt will win the match. I will donate 500 true Nxt to the winner.


Was this order completely filled? If so, it has been removed from the system, so it is normal to get an unknown order. Trades are used to keep track of past orders that have been already executed.

yes.
.8.6 new blockchain
full member
Activity: 148
Merit: 100
Guys pls help my, how to run 0.8.6 on OS X?

Hi xadidos,

download the client, unzip the folder (e.g. into your Applications folder), fire up a Terminal  

1. head to your NXT path, e.g.
Code:
cd ~/Applications/NXT
2. fire up the NXT client
Code:
./run.sh

Thank you bro! its work!
legendary
Activity: 2184
Merit: 1000

I don´t know one single cryptographer so I think I won´t be able to help here.
Does anyone has a suggestion whom to approach?
Pls check with Msin
hero member
Activity: 798
Merit: 500
Guys pls help my, how to run 0.8.6 on OS X?

Hi xadidos,

download the client, unzip the folder (e.g. into your Applications folder), fire up a Terminal  

1. head to your NXT path, e.g.
Code:
cd ~/Applications/NXT
2. fire up the NXT client
Code:
./run.sh
legendary
Activity: 1512
Merit: 1004
All this complaining is getting me depressed.

James, calm down. I do think most of what you see as "complaining" is actually meant to further improve NXT. I can see very little ill-founded complaining in this thread.  Your efforts are highly appreciated by everyone who cares about this project.
james,you are all appreciated with your creative works ,the NxtCash, multigateway,nodecoin.....
These tries are really very important to Nxt and all of us.
Just do it.
full member
Activity: 148
Merit: 100
Guys pls help my, how to run 0.8.6 on OS X?
newbie
Activity: 4
Merit: 0
(but then, why people still stay here in this "huge chaotic and popular thread"?  Wink I don't understand...)

This thread is considered "the Ridiculously Long NXT Pub Crawl Thread (RLNPCT)".

You get to hear a bit of everything, you see Wink


RLNPCT? Now that sound much better!  Grin
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