NXT :: descendant of Bitcoin - Updated Information - page 623.

nexern

hero member

Activity: 597

Merit: 500

Quote from: google98 on February 27, 2014, 01:26:55 PM

is there actually a "danger" of Bitcoin copying and implementing things like AE, AM and TF? Or is this technically impossible?

I read a quote today by Andronopoulos that BTC is waiting for the best altcoins to copy their standalone features and thus make BTC stronger...

yes, this is possible, even if they are very handicaped to make fundamental changes (who like to be responsible changing the wheel at 300mph and something goes wrong?) they have a very strong position. BTC can wait and see what works best and evolves fastest. i never would underestimate BTC and btw, this is the
only real mid/longterm competition from my pov. while it is true nxt hasn't converted the 'now existing features' optimal, we should also see that others are not
even close having all of them in a foreseeable time. if i hear we don't have alias/am/ae etc. i am astonished. correctly said we don't have complete 'clients' to
USE this but these features are already built in. this is a big difference in context. as said, others are not even close to have them within the core and nxt is close
to utilize these features. i am relaxed with nxt and under no circumstances i am switching from acting to reacting, just because of another announcement somewhere.

salsacz

hero member

Activity: 490

Merit: 504

Quote from: rickyjames on February 27, 2014, 08:28:36 AM

Texas Bitcoin Conference NXT Marketing Brochure

I would like to thank bitcoinpaul, w4llace, LiQio, EvilDave and especially mvag for their prompt and generous assistance in revising my primitive, clumsy attempt at an NXT marketing brochure into this thing of beauty:

http://nxt.sx/images/resources/NXT-Brochure-4.pdf

It's still wordy, and that's my fault. Still, This Is A Great Job.

And thank you again, generous donor, in funding 5000 copies of this to be printed at Austin, TX for my pickup there on Tuesday.

NxtMinnow, I will be sending you what I don't use in Austin for you to hand out in San Francisco. Mail 'em on to the next Conference when you're done with them.

https://bitcointalksearch.org/topic/m.5398685

Now, on to getting my new new2nxt.com website shaped up over this weekend...

I think someone created a redirect link for this thread... or only an alias? Hopefully there will be good info at nxt.org soon too

salsacz

hero member

Activity: 490

Merit: 504

Quote from: ?? on ??

OK... someone needs to tell Andreas that the Bitcoin future he envisions is already a REALITY with Nxt... SERIOUSLY!!! Wink

https://www.youtube.com/watch?v=wzwWIDIVSTo#t=3128 ...watch at least until 53:54...
Edit: Even better... just tell him to replace Bitcoin with Nxt when making such references and... he doesn't have to use future tense.

thank you, please do not hesitate to share another interesting videos, I am working on decentralized nxt video where I use these scenes.

igmaca

full member

Activity: 168

Merit: 100

Crypto-trade is currently down for maintenance!

Update: We discovered a bug in our system which allowed someone to hack around $30 000. All coins are safe and we will pay ourself for the lost in order that any user doesn't suffer a lost. Crypto-trade.com will open back in 24-48 hours with trading halted. You will be able to withdraw your coins, USD and EUR. When all users will have been refunded, we will close the website for a undetermined period (2-3 weeks estimated) in order to fix our software and make a security audit to reopen later in best conditions. We hope you will keep trust in us, any user will have his money back without next days.

We are sorry for your inconvenience, but we are doing some new important updates which will not only enhance your trading experience but will also provide a better security to your financial assets.

ChuckOne

sr. member

Activity: 364

Merit: 250

☕ NXT-4BTE-8Y4K-CDS2-6TB82

Quote from: redsn0w on February 27, 2014, 01:37:59 PM

Quote from: ChuckOne on February 27, 2014, 01:36:20 PM

Quote from: chanc3r on February 27, 2014, 12:49:35 PM

I'll try again...

Would one solution be to have a sequence of nodes, where the next 'n' forging nodes are always known not necessarily in parallel but in close sequence, so node 1 identifies node 2 and node 2 identifies node 3 (based on 1 & 2), node 3 identifies 4 (based on 1,2,3), this would create a forging mesh within the network and clients could choose which node to send to based on latency and forging window. (mobile networks and phones do something like this all the time - yes I know about dropped calls its not perfect!)

The choice of node not just based on the current params but also its awareness of the network topography would mean a continual distribution of nodes resulting in statistically a node being close in latency and forging window to a client that wanted to transact...

Depending on the capacity required the nodes would seek an optimum connection with other nodes to achieve that capacity, also if the network can advertise its current processing capacity based on its current demand and ask for more nodes who might be sleeping because not needed before.

You don't have to deploy static network models like hub/spoke or regional or whatever...

Normally people think the a system is stronger than any one single part but what I read here is how for a moment one part has to stand out from all the rest and that makes it vulnerable.

This is why we need groups of forging accounts.

groups of forging accounts = Pool Huh

Not sure about the notion of pool. That is not a NXT term as far as I know.

Currently, there is only 1 account that is able to forge at a certain time.
In the future, there shall be n accounts to do so in order to avoid DoS attacks.

Hmm, I need to look up where I read that...

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

Quote from: ChuckOne on February 27, 2014, 01:36:20 PM

Quote from: chanc3r on February 27, 2014, 12:49:35 PM

I'll try again...

Would one solution be to have a sequence of nodes, where the next 'n' forging nodes are always known not necessarily in parallel but in close sequence, so node 1 identifies node 2 and node 2 identifies node 3 (based on 1 & 2), node 3 identifies 4 (based on 1,2,3), this would create a forging mesh within the network and clients could choose which node to send to based on latency and forging window. (mobile networks and phones do something like this all the time - yes I know about dropped calls its not perfect!)

The choice of node not just based on the current params but also its awareness of the network topography would mean a continual distribution of nodes resulting in statistically a node being close in latency and forging window to a client that wanted to transact...

Depending on the capacity required the nodes would seek an optimum connection with other nodes to achieve that capacity, also if the network can advertise its current processing capacity based on its current demand and ask for more nodes who might be sleeping because not needed before.

You don't have to deploy static network models like hub/spoke or regional or whatever...

Normally people think the a system is stronger than any one single part but what I read here is how for a moment one part has to stand out from all the rest and that makes it vulnerable.

This is why we need groups of forging accounts.

groups of forging accounts = Pool Huh

ChuckOne

sr. member

Activity: 364

Merit: 250

☕ NXT-4BTE-8Y4K-CDS2-6TB82

Quote from: chanc3r on February 27, 2014, 12:49:35 PM

I'll try again...

Would one solution be to have a sequence of nodes, where the next 'n' forging nodes are always known not necessarily in parallel but in close sequence, so node 1 identifies node 2 and node 2 identifies node 3 (based on 1 & 2), node 3 identifies 4 (based on 1,2,3), this would create a forging mesh within the network and clients could choose which node to send to based on latency and forging window. (mobile networks and phones do something like this all the time - yes I know about dropped calls its not perfect!)

The choice of node not just based on the current params but also its awareness of the network topography would mean a continual distribution of nodes resulting in statistically a node being close in latency and forging window to a client that wanted to transact...

Depending on the capacity required the nodes would seek an optimum connection with other nodes to achieve that capacity, also if the network can advertise its current processing capacity based on its current demand and ask for more nodes who might be sleeping because not needed before.

You don't have to deploy static network models like hub/spoke or regional or whatever...

Normally people think the a system is stronger than any one single part but what I read here is how for a moment one part has to stand out from all the rest and that makes it vulnerable.

This is why we need groups of forging accounts.

CoinTropolis_JustaBitTime

member

Activity: 98

Merit: 10

Quote from: BrianNowhere on February 27, 2014, 11:38:54 AM

Quote from: Come-from-Beyond on February 27, 2014, 04:17:46 AM

Quote from: 2Kool4Skewl on February 27, 2014, 04:15:47 AM

Why did he want just 21 BTC?

Maybe coz he is crazy about symbolism?

This is insanity. Reading this mysterio crapo, I am very much considering dumping back to BTC. maybe the Emunie people are not so fucking full of themselves. You sound like a moonie.

Very much your choice. I'm not an emotional trader personally, but everyone has their flavor. I believe in the development and promotion of NXT, everything else is white noise.

msin

legendary

Activity: 1470

Merit: 1004

Quote from: pinarello on February 27, 2014, 01:27:32 PM

Quote from: msin on February 27, 2014, 01:06:56 PM

Dear God, reading these last 20 pages makes my head spin. I understand why some are frustrated with ambiguity and lack of communication, but you need to relax and be proactive! Much of the mystery from BCNext is attributed to the fact that he is still developing (programming) features. It is his right to stay anonymous. We will have a committee for unreleased funds in a couple days. I suggest that this committee also act on behalf of Nxt as our centralized "get shit done" group. These members will be the face of Nxt. I also suggest every committee member receive the option of 25k Nxt from unclaimed for their work.

In regards to a NXT "CTO" to continue development come April, my first suggestion would be JL (has anyone asked him?) I also suggest we take CIYAM up on his offer (https://bitcointalksearch.org/topic/m.5403299), I'm willing to invest BTC in this. CFB has offered free help to create coin on top of Nxt, anyone who is thinking about this should contact him asap.

Zahlen, please reconsider a place on the Technical Committee, I think you are overestimating the time you will need and you will be a great asset.

James, you are doing awesome work, please keep it up.

CFB, can we arrange a forging math algo audit?

{end of EvilDave style post}

PS, I have a Nxt crypto audit underway, more details to follow.

Please, please dont start to pay members of the committees!

Yes, I see that can be a conflict of interest, just a suggestions.

nexern

hero member

Activity: 597

Merit: 500

Quote from: Emule on February 27, 2014, 01:18:14 PM

Quote from: nexern on February 27, 2014, 12:43:47 PM

blah blah blah again, It is march soon!

It is march soon! let me guess it will be for april.

the only one i see here making blah blah blah is you burro. it's not your fault if you are mentaly reduced but i am still waiting for my daily fun delivery, so where is it?

EmoneyRu

hero member

Activity: 600

Merit: 500

Nxt-kit developer

Quote from: wesleyh on February 27, 2014, 01:23:22 PM

Btw, those that don't have an IRC program, download one of these:

Windows / Linux: http://hexchat.github.io/downloads.html
Mac: http://colloquy.info/downloads.html

Then join us on the server irc.freenode.net, and go to the #nxtalk channel. See you there!

Or just use webchat.

pinarello

full member

Activity: 266

Merit: 100

NXT is the future

Quote from: msin on February 27, 2014, 01:06:56 PM

Dear God, reading these last 20 pages makes my head spin. I understand why some are frustrated with ambiguity and lack of communication, but you need to relax and be proactive! Much of the mystery from BCNext is attributed to the fact that he is still developing (programming) features. It is his right to stay anonymous. We will have a committee for unreleased funds in a couple days. I suggest that this committee also act on behalf of Nxt as our centralized "get shit done" group. These members will be the face of Nxt. I also suggest every committee member receive the option of 25k Nxt from unclaimed for their work.

In regards to a NXT "CTO" to continue development come April, my first suggestion would be JL (has anyone asked him?) I also suggest we take CIYAM up on his offer (https://bitcointalksearch.org/topic/m.5403299), I'm willing to invest BTC in this. CFB has offered free help to create coin on top of Nxt, anyone who is thinking about this should contact him asap.

Zahlen, please reconsider a place on the Technical Committee, I think you are overestimating the time you will need and you will be a great asset.

James, you are doing awesome work, please keep it up.

CFB, can we arrange a forging math algo audit?

{end of EvilDave style post}

PS, I have a Nxt crypto audit underway, more details to follow.

Please, please dont start to pay members of the committees!

google98

full member

Activity: 360

Merit: 100

is there actually a "danger" of Bitcoin copying and implementing things like AE, AM and TF? Or is this technically impossible?

I read a quote today by Andronopoulos that BTC is waiting for the best altcoins to copy their standalone features and thus make BTC stronger...

nexern

hero member

Activity: 597

Merit: 500

Quote from: BrianNowhere on February 27, 2014, 12:52:33 PM

Quote from: Come-from-Beyond on February 27, 2014, 06:35:33 AM

Quote from: wesleyh on February 27, 2014, 06:31:17 AM

Current source code (with comments) should be shared to a select group of people.

I am assuming the actual source has comments.

CFB, does it?

Very little.

This would be good usage of a bounty. Get a java programmer to go through line by line and function by function and add some comments.

Who writes a program, expects the community to vet it, implement it, write on top of it, etc and does not include some documentation? A sadist. That's who.

After reading Come-From-Beyond's comments today and all the confused (but very well intentioned) replies, I'm starting to think Emule is not so far off his rocker as we might think.

The clock is ticking and NXT has competition.

You know who already has instant transactions? Ripple.

where? and in what context?
please list them.

wesleyh

sr. member

Activity: 308

Merit: 250

Btw, those that don't have an IRC program, download one of these:

Windows / Linux: http://hexchat.github.io/downloads.html
Mac: http://colloquy.info/downloads.html

Then join us on the server irc.freenode.net, and go to the #nxtalk channel. See you there!

rriky92

sr. member

Activity: 294

Merit: 250

Forged my first block!! Empty Grin

wesleyh

sr. member

Activity: 308

Merit: 250

Quote from: Emule on February 27, 2014, 01:18:14 PM

Quote from: nexern on February 27, 2014, 12:43:47 PM

blah blah blah again, It is march soon!

It is march soon! let me guess it will be for april.

Emule there are other clients available, not everything depends on nexern. He can take all the time he needs. AE is supported by multiple clients already.

Emule

full member

Activity: 168

Merit: 100

Quote from: nexern on February 27, 2014, 12:43:47 PM

blah blah blah again, It is march soon!

It is march soon! let me guess it will be for april.

BrianNowhere

member

Activity: 70

Merit: 10

Quote from: lophie on February 27, 2014, 12:55:48 PM

Quote from: BrianNowhere on February 27, 2014, 12:52:33 PM

Quote from: Come-from-Beyond on February 27, 2014, 06:35:33 AM

Quote from: wesleyh on February 27, 2014, 06:31:17 AM

Current source code (with comments) should be shared to a select group of people.

I am assuming the actual source has comments.

CFB, does it?

Very little.

This would be good usage of a bounty. Get a java programmer to go through line by line and function by function and add some comments.

Who writes a program, expects the community to vet it, implement it, write on top of it, etc and does not include some documentation? A sadist. That's who.

After reading Come-From-Beyond's comments today and all the confused (but very well intentioned) replies, I'm starting to think Emule is not so far off his rocker as we might think.

The clock is ticking and NXT has competition.

You know who already has instant transactions? Ripple.

I always hated documenting unside the code, Just make an SRS with apot of models and good description of API amd we sre golden.

Well from what CIYAM said, the code is readable, but still, it seems like BCNext and CFB enjoy torturing well intentioned developers trying to figure this stuff out by acting like Master PO and Mr. Miyagi rolled into one whenever someone asks a question.

Fatih87SK

hero member

Activity: 616

Merit: 500

I want to thank 7598564764291766683. Received two donations =)

Topic: NXT :: descendant of Bitcoin - Updated Information - page 623. (Read 2761629 times)