Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 611. (Read 2761629 times)

legendary
Activity: 1470
Merit: 1004
The two top 50M accounts!! What is their deal? Why are they not sharing their wealth or participating in the progress of their investment. I mean if we consider that the account No. 3 and No. 4 are DGEX and BTER that means they have almost double amount of coins compared to account No. 5 which has about 29M. That is a huge difference. Honestly I would be really ashamed if I was them and I am sure these two 50M amounts are poke in the eye to any new investor that looks our distribution just like they are poking my eye.

Heck, to start at least get your accounts under 50M so they are in the 40s or divide this 50M into two accounts of 25M, it will definitely look better for newcomers.
I really don't understand this!!

guys, come on... these accounts belonging to exchanges are deposits that people in this very forums have sent to these exchanges, and the exchange is holding them for people just like you and me (assuming we are users of the exchange).  They very well CANNOT just gank the funds and start giving them out to other people.

now some of those very large accounts *are not* exchanges; just single people who are perfectly content to let others do all the heavy lifting.  Some of them are people who are helping out, paying bounties, etc.

nothing really we can do.

On that note, it could be beneficial for the the blockchain admins to add an * by each account that is held by an exchange on the "Top Accounts" section of blockchain explorer.  That way a newcomer could see that those specific accounts are not held by an individual.
legendary
Activity: 1470
Merit: 1004
Hey I have a question with transaction malleability.  From the NXT Wiki:
Quote
Transaction malleability is an issue with Nxt, as it is with all cryptocurrencies. Do not rely on a transaction ID alone to verify transactions!
...  So if an exchange should not rely on just looking for a transactionID, what is the proper method?  Do they have to attempt to track sendingAccountID, receivingAccountId, and amount?
- there was the CfB's answer:
It's a problem only for exchanges that rely solely on transaction id. It doesn't need to be fixed. An exchange is supposed to pay attention to timestamp and other parameters of a transaction.
what parameters ,except timestamp?
Amount or ReferencedTransaction.

Can someone describe to me a practical method to use referencedTransaction for the purposes of exchanges tracking things?  Im going to add more into the exchanges page on Wiki and this will be helpful. But...

Why not be pragmatic here and fix the malleability issue in the NXT protocol?  Would be a nice feather in NXT's cap and would make things much easier for adoption for all the new systems we *want* to come to NXT in the *first* place.  IMO this could be something that allows faster adoption.

+1
legendary
Activity: 1470
Merit: 1004
People this thread is giving me headhache and we are losing a ton of time reading thing and searching the subject that we are interesting, we need really to move to a forum with nice functionnality.

Also, I lost my password to my user account at https://forums.nxtcrypto.org/ and it seem that there is no way to recover it. I have contact twice the official forum e-mail. I did not get any answer for since 11 feb. It look like the https://forums.nxtcrypto.org/ is dead.

Any help?

btc24@bitcointalk is [email protected], the admin of those forums.  I dont think hes been online in a month.  I have been trying to give him some bounty from neer.g but he seems to have completely disappeared.  that being said, i know hes been asked by tons of people to allow password resets by email, but so far hasnt budged.

that being said, if the community as a whole wants to get yet another forums site up and running and volunteer admined then I suppose that can be done.  And if indeed btc24 has been hit by a bus then I guess eventually the forums will break or miss payment and get shut downl i could then change DNS to the new forums if necessary.

or whatever the community as a whole agrees on I will change DNS

We could help Bitventurer develop Nxt.org
full member
Activity: 168
Merit: 100
where can i download the asset exch to test?

Quote
Quote from: wesleyh on February 24, 2014, 08:12:15 PM
Hey guys,

To those that have tried my web client http://nxtra.org/nxt-client ; A beta version is now available for download here:

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

Unzip, move the dev folder to nxt/html/tools/dev

Then go to http://localhost:7876/dev

This is assuming you have 0.8.1e installed (it will not work correctly on older versions!) - do not try

I suggest you connect to TestNet first though; in the upper left corner you can switch between TestNet and localhost. Try everything out in TestNet first, when you are comfortable you can connect locally. There may still be errors in the code, it's a beta after all.

Not everything is done yet, and Internet Explorer is completely untested. I suggest you use either chrome/firefox or safari for now.

Also need to do some more interactive updating after submission of forms, etc.

if you want, you can send me a message there via the alias wesleynxt (just open the send message dialog and type wesleynxt in the account field). Messages are not yet encrypted.

Let me know what you think.
full member
Activity: 168
Merit: 100
full member
Activity: 168
Merit: 100
sr. member
Activity: 380
Merit: 275
Hey I have a question with transaction malleability.  From the NXT Wiki:
Quote
Transaction malleability is an issue with Nxt, as it is with all cryptocurrencies. Do not rely on a transaction ID alone to verify transactions!
...  So if an exchange should not rely on just looking for a transactionID, what is the proper method?  Do they have to attempt to track sendingAccountID, receivingAccountId, and amount?
- there was the CfB's answer:
It's a problem only for exchanges that rely solely on transaction id. It doesn't need to be fixed. An exchange is supposed to pay attention to timestamp and other parameters of a transaction.
what parameters ,except timestamp?
Amount or ReferencedTransaction.

Can someone describe to me a practical method to use referencedTransaction for the purposes of exchanges tracking things?  Im going to add more into the exchanges page on Wiki and this will be helpful. But...

Why not be pragmatic here and fix the malleability issue in the NXT protocol?  Would be a nice feather in NXT's cap and would make things much easier for adoption for all the new systems we *want* to come to NXT in the *first* place.  IMO this could be something that allows faster adoption.

+1
legendary
Activity: 1778
Merit: 1043
#Free market
Did you want some TestNxt ?
full member
Activity: 238
Merit: 100
Hey I have a question with transaction malleability.  From the NXT Wiki:
Quote
Transaction malleability is an issue with Nxt, as it is with all cryptocurrencies. Do not rely on a transaction ID alone to verify transactions!
...  So if an exchange should not rely on just looking for a transactionID, what is the proper method?  Do they have to attempt to track sendingAccountID, receivingAccountId, and amount?
- there was the CfB's answer:
It's a problem only for exchanges that rely solely on transaction id. It doesn't need to be fixed. An exchange is supposed to pay attention to timestamp and other parameters of a transaction.
what parameters ,except timestamp?
Amount or ReferencedTransaction.

Can someone describe to me a practical method to use referencedTransaction for the purposes of exchanges tracking things?  Im going to add more into the exchanges page on Wiki and this will be helpful. But...

Why not be pragmatic here and fix the malleability issue in the NXT protocol?  Would be a nice feather in NXT's cap and would make things much easier for adoption for all the new systems we *want* to come to NXT in the *first* place.  IMO this could be something that allows faster adoption.
full member
Activity: 238
Merit: 100
ON BEHALF OF CIYAM (China firewall-censorship issues):

a) using a good password create a SHA256 of it
b) publish a hash that is the hash from a hashed “x” times
c) lock your account then after that is confirmed send a tx from your account to another (won’t be able to actually transfer any funds even after confirmed)
d) send a tx that provides the “x-1” hash (i.e. if you hash that you get the hash that was sent in b)
result is that tx from c can now *occur* and also the locking hash has now been changed

lol wut
sr. member
Activity: 380
Merit: 275
We are in need of a web developer to work on the front end of our Nxt/BTC Exchange

Must have Java Experience, JQuery, Ajax and PHP or Ruby

We are looking to implement a responsive front end to interact with our Java based back end. All variables are set and can be called from one file, so not a lot of creating and more redesign/implementing involved. Currently, we have basic functions implemented, but are now looking to make it look professional and extend all functionality in a responsive framework.

If interested, please PM me, including links to or applications sites worked on. Payment will be in Nxt. Established community members in good standing preferred.
full member
Activity: 238
Merit: 100
The two top 50M accounts!! What is their deal? Why are they not sharing their wealth or participating in the progress of their investment. I mean if we consider that the account No. 3 and No. 4 are DGEX and BTER that means they have almost double amount of coins compared to account No. 5 which has about 29M. That is a huge difference. Honestly I would be really ashamed if I was them and I am sure these two 50M amounts are poke in the eye to any new investor that looks our distribution just like they are poking my eye.

Heck, to start at least get your accounts under 50M so they are in the 40s or divide this 50M into two accounts of 25M, it will definitely look better for newcomers.
I really don't understand this!!

guys, come on... these accounts belonging to exchanges are deposits that people in this very forums have sent to these exchanges, and the exchange is holding them for people just like you and me (assuming we are users of the exchange).  They very well CANNOT just gank the funds and start giving them out to other people.

now some of those very large accounts *are not* exchanges; just single people who are perfectly content to let others do all the heavy lifting.  Some of them are people who are helping out, paying bounties, etc.

nothing really we can do.
full member
Activity: 196
Merit: 100
NXT FUNDING COMMITTEE VOTE STARTS IN UNDER 9 HOURS AT 12:01 AM MARCH 1 (UTC)

ALL SLATES COMPETITIVE - THIS VOTE WILL DETERMINE WINNERS AND LOSERS FOR ALL COMMITTEES

CANDIDACY DECLARATION CLOSES ONE HOUR BEFORE VOTING STARTS. 
DECLARE YOUR CANDIDACY BY 11:01 PM FEB 28 (UTC)


If you are an established NXTer and want to be on a NXT funding committee, go here:
(previous nominees get automatic inclusion on slate; all others vetted by rickyjames, whose decision is final):

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

Background:

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

Good luck to these nominees who have declared themselves candidates:

NXTmarketingfund: allwelder, Damelon,  Mario123, Asian Prepper, joefox, brooklynbct, CoinTropolis_NiftyNikel, Uniqueorn, salsacz, CoinTropolis_JustaBitTime
NXTtechdevfund: EmoneyRu, Anon136, l8orre, abuelau, antanst, BaiMangal, Jean-Luc, Arckam (aka frmelin)
NXTinfrastructurefund: chanc3r, EvilDave, pandaisftw, ChuckOne, ^[GS]^,ferment
full member
Activity: 238
Merit: 100
hero member
Activity: 910
Merit: 1000
"If we have coins on top of Nxt, does this change anything in our discussion" I just wanted to remind everyone of BCNext's idea.

So now we can go ahead an talk about instant transactions for NXT.
full member
Activity: 238
Merit: 100
Just a reminder: BCNext don't want NXT to be a currency. Coins on top of Nxt should be. Does this change anything?

Does this change anything regarding instant confirmation discussion?

No.

I thought the whole point of using instant transactions was for using NXT as currency.
 Huh
full member
Activity: 238
Merit: 100
People this thread is giving me headhache and we are losing a ton of time reading thing and searching the subject that we are interesting, we need really to move to a forum with nice functionnality.

Also, I lost my password to my user account at https://forums.nxtcrypto.org/ and it seem that there is no way to recover it. I have contact twice the official forum e-mail. I did not get any answer for since 11 feb. It look like the https://forums.nxtcrypto.org/ is dead.

Any help?

btc24@bitcointalk is [email protected], the admin of those forums.  I dont think hes been online in a month.  I have been trying to give him some bounty from neer.g but he seems to have completely disappeared.  that being said, i know hes been asked by tons of people to allow password resets by email, but so far hasnt budged.

that being said, if the community as a whole wants to get yet another forums site up and running and volunteer admined then I suppose that can be done.  And if indeed btc24 has been hit by a bus then I guess eventually the forums will break or miss payment and get shut downl i could then change DNS to the new forums if necessary.

or whatever the community as a whole agrees on I will change DNS
legendary
Activity: 1722
Merit: 1217
Pouncer & Anon check ur skype please!

says you are offline
newbie
Activity: 41
Merit: 0
What is the advantage of limiting the block size to 255 txs?

Am pretty sure the current limit is actually 250 - but that would not be expected to stay down the track (think of it as being currently "in beta").


Ok, so what limits the block size? Is it the computational power of the forging node?

Why don't set the block size to 120.000 txs so we would have 2000 txs/s with a block time of 60sec.
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