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Topic: NXT :: descendant of Bitcoin - Updated Information - page 679. (Read 2761645 times)

legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
Maybe there is a penalty or blacklist for a node but IS that purely based on forging activity? and this entire piece should be checked or it could in the future be a ddos exploitation vector as it breaks the network because nodes stop listening to nodes.

This is why we *need* math rather than opinion - I've seen many suggestions put forward but not one of them has any "math" to back them up (so sorry to those who have put them forward but that is why I've not replied to most of them).
sr. member
Activity: 952
Merit: 253

Imagine a guy who is juggling while on ice skates, during an earthquake. Do you really want to mess with his balance to make him change his hat?

James

Depends what building was about to fall on him and whether a better hat would help Grin

Seriously don't just concentrate on the nodes but the network as a whole (i.e. the environment the node is within)

Building a reward coin on top of the network is interesting but does not improve the network behaviour.
The behaviour of a node is not the behaviour of the network of nodes.
Penalization is a network behaviour not part of forging, but one node assuming based on a single action another node is bad.
Just a primitive response to one node observing another.

The two topics are separate in my view;

When does a node forge and how often does it succeed and what affects this?

What actions does a node take towards another node based on its observation of that node? - to my knowledge so far all I have seen is blacklisting and the forging penalty (are these the same thing?)

I would try to solve the two problems separately - Like the stuff posted on network behaviour yesterday.

Maybe there is a penalty or blacklist for a node but IS that purely based on forging activity? and this entire piece should be checked or it could in the future be a ddos exploitation vector as it breaks the network because nodes stop listening to nodes.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
argmaxi sumj 1/xij != argmini sumj xij

These different sums would lead to a different result of which is the best block.

Oh - okay (you can see then why I want a "math" guy to help us) - so I am happy to "stand corrected" in that case.

My forte is "logic" (which is a small branch of math) but I even struggle with some "general math" little own going into "pure math" (which I tried to pick up but unfortunately didn't do very well at all at).

I did get the "gist" of the "unprovabilty theorem" of Goedel from reading "Goedel, Escher, Bach" but that was written by a *genius* who worked out how to explain the basics of math theory to a computer programmer (I would highly recommend others to *read* that book - it might just "change your life").

Smiley

sr. member
Activity: 952
Merit: 253
In all accounts in NXTio forged. Even with 1 NXT.



 Grin

So does that win the prize as the account forging with least NXT?
sr. member
Activity: 460
Merit: 250
Off the record, if anyone here got burned in VisaCoin, there's news.
full member
Activity: 154
Merit: 100
When is the new nxt video ready? I would like to put it on the start page of mynxt.org
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
It's the sum of 1/targets.

Yes - just checked with CfB it is the sum of 1 / "block target" for all blocks (although for the modelling purposes the sum of "block target" values would be fine as the use of fractions here is presumably just to deal with numerical limits).



argmaxi sumj 1/xij != argmini sumj xij

These different sums would lead to a different result of which is the best block.
sr. member
Activity: 602
Merit: 268
Internet of Value
ANNOUNCEMENT




Link to the full Prospectus/Business Plan (25 pages)
https://mega.co.nz/#!KdITnBIB!PW_sWdyNi7IGWC_VYSSO9Ki8ja6RC2YTpW20VrEshh4


Early Nxtty Messenger Demo
http://www.youtube.com/watch?v=Gj0CRqoNsYc


Also pls feel free to comment on the plan on both Nextcoin & nxtcrypto forums:
https://nextcoin.org/index.php/topic,3313.msg31709.html#msg31709  &
https://forums.nxtcrypto.org/viewtopic.php?f=53&t=635&p=2968#p2968


We will be communicating more details to the community regarding the exact IPO date.  If anyone wishes to take part in private placement please do send me a pm.



Best regards,
Landomata
Secretary
Nxt Mobile Applications Company

A lot of good works have been put in this. I am not sure how the company will compete in this incredibly competitive market segment but I will wholeheartedly support you and the effort. To me the process is not just about profit making efficiency but it is also a completely new way of stat-up governance. It could be a harbinger of a new society in the future which I would deem more desirable than the current system. 
sr. member
Activity: 308
Merit: 250
Updated mynxt.org

Suggestions and more are welcome. Is something missing on the resources page?



Really nice site, perhaps my faucet at http://nxtra.org - but not necessarily.

It is on the front page. But maybe I should list all links in resources.

Oops, yeah i missed that :-) thx
legendary
Activity: 1778
Merit: 1043
#Free market
Updated mynxt.org

Suggestions and more are welcome. Is something missing on the resources page?




 Can you add the italian forum ?  http://nextcoin.it

Thanks .
full member
Activity: 154
Merit: 100
Updated mynxt.org

Suggestions and more are welcome. Is something missing on the resources page?



Really nice site, perhaps my faucet at http://nxtra.org - but not necessarily.

It is on the front page. But maybe I should list all links in resources.
sr. member
Activity: 308
Merit: 250
Updated mynxt.org

Suggestions and more are welcome. Is something missing on the resources page?



Really nice site, perhaps my faucet at http://nxtra.org - but not necessarily.
full member
Activity: 154
Merit: 100
Updated mynxt.org

Suggestions and more are welcome. Is something missing on the resources page?

full member
Activity: 266
Merit: 100
NXT is the future

With some buying power we could easily be third place on coinmarket, that would ring some bells.
legendary
Activity: 2184
Merit: 1000
ANNOUNCEMENT




Link to the full Prospectus/Business Plan (25 pages)
https://mega.co.nz/#!KdITnBIB!PW_sWdyNi7IGWC_VYSSO9Ki8ja6RC2YTpW20VrEshh4


Early Nxtty Messenger Demo
http://www.youtube.com/watch?v=Gj0CRqoNsYc


Also pls feel free to comment on the plan on both Nextcoin & nxtcrypto forums:
https://nextcoin.org/index.php/topic,3313.msg31709.html#msg31709  &
https://forums.nxtcrypto.org/viewtopic.php?f=53&t=635&p=2968#p2968


We will be communicating more details to the community regarding the exact IPO date.  If anyone wishes to take part in private placement please do send me a pm.



Best regards,
Landomata
Secretary
Nxt Mobile Applications Company
sr. member
Activity: 756
Merit: 250
NXT is an experimental attempt to create a stable economic system.  This is a completely different proposition than creating a fair social system.  Good luck trying to merge the two.

From my perspective the "fairness" or not is not even a consideration.

I am trying to "protect the network" and "the blockchain" only.


I am right there with you.  That is the bedrock foundation of making NXT a stable financial system.

Agreed, I bought some NXT. I run a node to protect it, period.
full member
Activity: 266
Merit: 100
NXT is the future
could it be that new nxt 0.8.1e dont work with NXTsolaris client ?

Yes , you have to wait for an update.

And I have to wait for 0.8.2.e to be able to release an update. :-)

thank you for sharing.
full member
Activity: 224
Merit: 100
could it be that new nxt 0.8.1e dont work with NXTsolaris client ?

Yes , you have to wait for an update.

And I have to wait for 0.8.2.e to be able to release an update. :-)
full member
Activity: 168
Merit: 100
NXT is an experimental attempt to create a stable economic system.  This is a completely different proposition than creating a fair social system.  Good luck trying to merge the two.

From my perspective the "fairness" or not is not even a consideration.

I am trying to "protect the network" and "the blockchain" only.


It is undisputed that altruistic award is a universal principle of nature

All the systems that follow this principle persist over time
hero member
Activity: 910
Merit: 1000

I suggest the decisions are made upon "math" rather than "gut feelings" or "loyalty" to BCNext (he did say "not to trust him").


From my perspective the "fairness" or not is not even a consideration.

I am trying to "protect the network" and "the blockchain" only.


+1
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