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Topic: NXT :: descendant of Bitcoin - Updated Information - page 56. (Read 2761629 times)

sr. member
Activity: 399
Merit: 250
Cryptocurrency Evangelist
NHZ is not seem to be a fair distribution coin!

NXT distributed to known 73 people who accepted to risk and join!
NEM is distributed to 3000 people who accepted to contribute!

How about NHZ?

Block explorer shows 1 Billion NHZ exist and the Genesis Account seems to be this:

http://explorer.nhzcrypto.org/?page=account&id=13675701959091502344

this  1Billion NHZ divided to one 200M and one 800M Accounts:

http://explorer.nhzcrypto.org/?page=account&id=7152054609364438286

http://explorer.nhzcrypto.org/?page=account&id=5284279215227947913

These accounts used to credit several other accounts for 300M, 80M, 2M, 1M, 500K and so!

Why this payments made? Who are the owners of these accounts? who has the control over 800M or 200M accounts???

These are completely unknown! yes I own several nodes now! And received several Bounties of an amount of 666 NHZ But who owns the Big whales in NHZ?

It's completely unknown!

Also the main accounts(200M and 800M and other Big 300M and 80M accounts) used to forge and assigned to some nodes and received 333 and 666 NHZ Bounties! Just like any other personal accounts!!!! Wow! This is totally ridiculous! The owner of these Big accounts assumed them as his own personal account! and hallmarked them and assigned them to his nodes!

I think this is not a fair coin and everybody should know this! I think this coin lacks the minimum discipline requirements that a coin should have! So suggest everyone to avoid it!

P.S: I have removed all NHZ Nodes installed on my servers!
legendary
Activity: 2142
Merit: 1010
Newbie
Daniel Larimer write a DPOS
http://107.170.30.182/security/delegated-proof-of-stake.php
Quote
While Nxt and Peercoin have each solved the problem of who should generate the next block, they have not sufficiently solved the problem of making the block chain irreversibly secure in a timely manner. Peer coin requires at least 6 blocks (1 hour) and Nxt requires 10 blocks according to the information we could find. We could find no basis for the level of security provided by Nxt after 10 blocks.

what is the smallest confirm needed for the block chain irreversibly ?

Looks like Daniel explained TF in his own words.  Cheesy

At least it's very similar.
legendary
Activity: 1512
Merit: 1004
Daniel Larimer write a DPOS
http://107.170.30.182/security/delegated-proof-of-stake.php
Quote
While Nxt and Peercoin have each solved the problem of who should generate the next block, they have not sufficiently solved the problem of making the block chain irreversibly secure in a timely manner. Peer coin requires at least 6 blocks (1 hour) and Nxt requires 10 blocks according to the information we could find. We could find no basis for the level of security provided by Nxt after 10 blocks.

what is the smallest confirm needed for the block chain irreversibly ?
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
I have one question. What makes NXT become a colsed system?  Why NAS or other NXT Clone cannot invade NXT System.

NAS is the first nxt clone  that launched.

Any one else puzzled by this question?




What do you mean exactely?
member
Activity: 120
Merit: 10
I have one question. What makes NXT become a colsed system?  Why NAS or other NXT Clone cannot invade NXT System.

NAS is the first nxt clone  that launched.

Any one else puzzled by this question?


legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
What do I have to do to get on the Nxt TestNet?

Would like to try creating and launching my own asset in preparation for that to launch.  Thanks!

http://nxtra.org/nxt-client/

It is really easy, just follow the steps on creating a new account there.

Also come back here and ask for test NXT
hero member
Activity: 527
Merit: 503
What do I have to do to get on the Nxt TestNet?

Would like to try creating and launching my own asset in preparation for that to launch.  Thanks!
sr. member
Activity: 376
Merit: 300
That's assuming the rest are all dishonest and coordinating together. An impossibility.

If 50% of all stakeholders shut down their clients (bitching at them for whining about not getting rewards doesn't help, they don't read bitcointalk.org)

26% of 1B is 260MM

This is what I want to know. In a nutshell.

If a Malicious person is able to acquire 260MM Nxt (current cost around 7.5MM to 10MM) by using pools or whatever can they bring down Nxt?

How likely is this? It seems possible to me. If it's possible, even if it's unlikely, then Nxt is built on sand and I would not advise
anyone to base their business around it.


C-F-B or Mtchcl (maths guy) could shut me up for all time by giving me a definitive answer here.
Sorry for answering late, I don't visit this thread very frequently.  nxtforum.org is more convenient.

Well, I don't want to shut you up, because it's important to discuss security issues. Now, I don't think that someone who collects 260MM NXT would be able to destroy it.
First, even someone who controls 90% of active balance wouldn't be able to forge too many blocks in a row, unless he disconnects from the network and "forge privately"; but such kind of behavior should be detectable by other means.
Secondly, even if he could, the situation is still very different from PoW.  In PoW, if someone has really a lot of hashing power, the he could first kill coin X, then kill coin Y with no additional cost, and so on. I vaguely remember that some people from this forum may be doing exactly that ("shitcoin cleanup operation"?..). On the other hand, in PoS the bad guy would first have to spend a lot of $$$ to kill X, which is already a bit weird (you invest a lot of money just to make your investment disappear). Then, the community decides to start a clone of the project (or something similar is already around), and the bad guy need to spend another $$$  to destroy this next one. And so on. I think, this bad guy will just run out of money very soon, and end of story.
Ola
sr. member
Activity: 311
Merit: 250
Counterwallet will be live on mainnet this Sunday, 6
April.


Heads up team Nxt..I think Mastercoin is about to be bumped off. https://testnet.counterwallet.co/
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com


nxt will be under heavy attack soon! be prepared!

brian was closer to the truth than you all think, but the truth is even worse, i need no 51% to attack nxt and make it die.

whales, time is up you got the chance to sell and did not, face it!

Nice, now you gonna BUY nxt?

hero member
Activity: 574
Merit: 500


nxt will be under heavy attack soon! be prepared!

brian was closer to the truth than you all think, but the truth is even worse, i need no 51% to attack nxt and make it die.

whales, time is up you got the chance to sell and did not, face it!

Any chance of a progress update?

Remember to include monetary system now Cheesy

Ps we're always under attack  Wink Grin Grin
hero member
Activity: 574
Merit: 500
Can someone help me out? Maybe a service provider dev? I'm not convinced so far Wink


Why is the Genesis Account Passphrase being public an important milestone?


https://nxtforum.org/general/what-is-the-importance-of-the-genesis-account-passphrase-being-public/

Thanks  Grin
full member
Activity: 224
Merit: 100


nxt will be under heavy attack soon! be prepared!

brian was closer to the truth than you all think, but the truth is even worse, i need no 51% to attack nxt and make it die.

whales, time is up you got the chance to sell and did not, face it!

Oh hey, you're back! (Just as brian left!)
full member
Activity: 168
Merit: 100


nxt will be under heavy attack soon! be prepared!

brian was closer to the truth than you all think, but the truth is even worse, i need no 51% to attack nxt and make it die.

whales, time is up you got the chance to sell and did not, face it!
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
The point is that it's POSSIBLE. i

It's possible to arrest all Ripple employee, and shut them down.
It's also possible to buy all bitcoin riggs, and take over bitcoin completely.
It's also possible that we will be all dead anyway by next mutation of flue virus.
I am not losing sleep over any of these possibilities.

wtf. I put in $18000, now its worth maybe $ 9000. I'm a fool. So maybe some whale got my other $9000 or maybe not, who cares.
I'm risking something because I think I'm seeing an interesting way. What's about our decisions? Is there a right way?
The only thing we can do is experiencing life. After maybe 80 years life is gone, nothing left behind,
so everything will be gone, everything is changing. Go and make some experiences, because if you're dead
all the possibilities are gone

exactely. No one can predict the market, but it is possible to see if a coins technology and dev team is superior. If the coins price was up significantly, than most trolls would shut their mouths very fast.

It is the same with BTC, all the bears and trolls are singing praise songs and feel so fking great right now, but where are those people on the upswing?

it is a shame that these great innovations are reduced to such banal things as market capitalization, who gives a damn in the shortterm?
newbie
Activity: 49
Merit: 0
The point is that it's POSSIBLE. i

It's possible to arrest all Ripple employee, and shut them down.
It's also possible to buy all bitcoin riggs, and take over bitcoin completely.
It's also possible that we will be all dead anyway by next mutation of flue virus.
I am not losing sleep over any of these possibilities.

wtf. I put in $18000, now its worth maybe $ 9000. I'm a fool. So maybe some whale got my other $9000 or maybe not, who cares.
I'm risking something because I think I'm seeing an interesting way. What's about our decisions? Is there a right way?
The only thing we can do is experiencing life. After maybe 80 years life is gone, nothing left behind,
so everything will be gone, everything is changing. Go and make some experiences, because if you're dead
all the possibilities are gone
full member
Activity: 221
Merit: 100
NXT without having to read multiple forums.

Here is the NXT Community & Development Update #1 video:

http://nxtfoundation.com/updates/


+1. Great work!
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
The most important thing out of these questions is that he cannot loose access to his account because he is using non-latin special characters. Can somebody else confirm that he will not have problems in the future and that all clients will support all possible world characters. If this is not a case than he needs to change his password.

Well, we cannot foresee the future. But rest assured that he will always be able to transfer his funds to a different account with a working password.

EDIT: substitute always by within a reasonable amount of time.
full member
Activity: 238
Merit: 100
Guys can I use any special character for a password? And what is a maximal length of a password?

Thanks

Guys please answer me these few questions. This is for one of my friends back home that I got into NXT. He is a complete newbie and doesn't speak English very well so he asked me to ask them here for him. However he can read a bit so these answers will calm him down. He is scared and a bit paranoid that he can lose his investment so please answer these for him:

1. Can he use his NRS 0.7.5 sometimes even though we are in 8 series? I have set it up for him and since the updates roll out very often  he doesn't know how to update it. If he just logs in sometimes to make a transaction or two, can he run in some kind of trouble?

2. What is the maximum length of the password? Can he set for example a 130 character password or it will just get cut after some number of characters. Even though I tell him such a long password is not necessary he insists to have such long passwords.

The most important question is about special characters. Since he is a foreigner can he use foreign special characters in his password. Characters like €, £, à, ç, ć, š, etc..  He is accessing his account without any problems at the moment but he wants to know can he have a problem in the future when new clients will come out etc. Can these characters somehow be changed and if he uses them, can he lose access to his account one time in the future.

I already asked these questions yesterday and today in my name, but nobody answered them. So please guys answer this for my friend, this will calm him up a bit. Every member is important for our community.

Thanks guys.

1. https://nxtforum.org/index.php?topic=337.msg5560#msg5560

2. once heard 100, longer strings will be truncated. probably more in the wiki

3. yes, unicode is supported - every client should support it also in the future


Edit: hi okaynow

Edit2: my 21 char (only a-z + numbers) still untouched - maybe this changes, now that some guy has made a gpu optimized curve25519 implementation


Thanks okaynow and thanks liQio. I will teach him, but the problem is that we live in different countries. I can't really do it until I don't go back home.

We will manage that, no problem.

The most important thing out of these questions is that he cannot loose access to his account because he is using non-latin special characters. Can somebody else confirm that he will not have problems in the future and that all clients will support all possible world characters. If this is not a case than he needs to change his password.
legendary
Activity: 1181
Merit: 1002
Guys can I use any special character for a password? And what is a maximal length of a password?

Thanks

Guys please answer me these few questions. This is for one of my friends back home that I got into NXT. He is a complete newbie and doesn't speak English very well so he asked me to ask them here for him. However he can read a bit so these answers will calm him down. He is scared and a bit paranoid that he can lose his investment so please answer these for him:

1. Can he use his NRS 0.7.5 sometimes even though we are in 8 series? I have set it up for him and since the updates roll out very often  he doesn't know how to update it. If he just logs in sometimes to make a transaction or two, can he run in some kind of trouble?

2. What is the maximum length of the password? Can he set for example a 130 character password or it will just get cut after some number of characters. Even though I tell him such a long password is not necessary he insists to have such long passwords.

The most important question is about special characters. Since he is a foreigner can he use foreign special characters in his password. Characters like €, £, à, ç, ć, š, etc..  He is accessing his account without any problems at the moment but he wants to know can he have a problem in the future when new clients will come out etc. Can these characters somehow be changed and if he uses them, can he lose access to his account one time in the future.

I already asked these questions yesterday and today in my name, but nobody answered them. So please guys answer this for my friend, this will calm him up a bit. Every member is important for our community.

Thanks guys.

1. https://nxtforum.org/index.php?topic=337.msg5560#msg5560

2. once heard 100, longer strings will be truncated. probably more in the wiki

3. yes, unicode is supported - every client should support it also in the future


Edit: hi okaynow

Edit2: my 21 char (only a-z + numbers) still untouched - maybe this changes, now that some guy has made a gpu optimized curve25519 implementation
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