Topic: NXT :: descendant of Bitcoin - Updated Information - page 566. (Read 2761624 times)
Uploading right now: http://youtu.be/wYCAo5PSW2E
Do we have russian version http://www.youtube.com/watch?v=UuZH3a5MKik ??
I dont know why I thought it wasnt possible to do cold storage for the multisig deposit acct.
On a typical day, less than 10% of overall deposits would be withdrawn, maybe much less. There is no need for a super complicated shifting of funds to and from many multisig accts. We just need to have a multisig cold wallet using 2 of 3 signers where the signers would be Anon136, rickyjames and klee. When the gateway multisig acct gets excess deposits, each server would authorize transfer to the cold multisig wallet. When a big withdrawal comes in, then 2 of the 3 cold wallet signers would need to approve.
All of the deposits and withdrawals and multisig acct info would be public, so all these funds transfers will be visible to all.
The incentive for two of the three gateway operators to collude is reduced dramatically. The trust required for gateways drops 90% and shifts to the cold wallet trio.
What do you think?
James
Sounds smart. Plus it would seem the more accounts the funds are dispersed in the more secure they would be.On a typical day, less than 10% of overall deposits would be withdrawn, maybe much less. There is no need for a super complicated shifting of funds to and from many multisig accts. We just need to have a multisig cold wallet using 2 of 3 signers where the signers would be Anon136, rickyjames and klee. When the gateway multisig acct gets excess deposits, each server would authorize transfer to the cold multisig wallet. When a big withdrawal comes in, then 2 of the 3 cold wallet signers would need to approve.
All of the deposits and withdrawals and multisig acct info would be public, so all these funds transfers will be visible to all.
The incentive for two of the three gateway operators to collude is reduced dramatically. The trust required for gateways drops 90% and shifts to the cold wallet trio.
What do you think?
James
But that also raises a concern: Has anyone verified the legal / accounting requirements for establishing this holding account? Not trying to be a stick in the mud, but if there are going to be people signing anything you may want check in to this if you already haven't.
This should be added by default in nxt java client distribution of Jean-Luc.
I've already asked to do it.
And he've done it.
so my daughter was playing magnets and i saw what she wrote..
Awesomee
so 30 days and it will be live?? is that the agreed release date? oh 3rd of april to go along with the full release of source code right? nice job!
No no. in 30 Days, CfB has no job
I deleted the counter until we have an ETA.Then make a CfB Farewell Party counter intstead
Awesomee
so 30 days and it will be live?? is that the agreed release date? oh 3rd of april to go along with the full release of source code right? nice job!
No no. in 30 Days, CfB has no job
I deleted the counter until we have an ETA. Awesomee
so 30 days and it will be live?? is that the agreed release date? oh 3rd of april to go along with the full release of source code right? nice job!
Live date to be determined soon, cool countdown will be updated accordingly. Source code was fully released two days ago
Hey guys, can someone else setup a testnet?
It is difficult for my friend to keep up maintaining it, he is changing jobs and is hell of a busy lately! Until Jean Luc makes the changes he said...
It is difficult for my friend to keep up maintaining it, he is changing jobs and is hell of a busy lately! Until Jean Luc makes the changes he said...
Question about forging: what happens to a forging NRS server, if you open NRS without logging in? Does it keep on forging, or does it reset?
It keeps forging.
Question about forging: what happens to a forging NRS server, if you open NRS without logging in? Does it keep on forging, or does it reset?
Airdropping Auroracoin? They'd be better off with a complete ecosystem such as Nxt. Is this a gateway opportunity?
Love it great work
At what time the AE is launched?
No planned yet.
Guys, is "Not enough funds" error still there?
Please fix testnet by allowing API cors, edit conf/nxt-default.properties and set nxt.apiServerCORS to true
Even simple calls don't work...
looks great
@jl777
Got the following error when I tried to get dogecoin address.
Code:
field error.0 error parsing results(ˆ2ì¶à!ë) [(null)] [(null)]
field error.0 error parsing results(ˆ2춀õë) [(null)] [(null)]
field error.0 error parsing results(ˆ2춀õë) [(null)] [(null)]
Awesomee
This is great! Once we have an official countdown time, I will spam all the forums I know of!
How long does it take to withdraw BTC from Cryptsy? 1 hour and still pending.
Anybody done it?
Anybody done it?
I sometimes almost all day
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Next Coin Lite - Fair Distribution
Seriously!! What a heck is that? Are they joking around with people, a whole day for an instant BTC withdrawal!!
And we fought and voted for this.
Honestly, I don't see how anybody is willing to use this BS exchange!
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