Topic: NXT :: descendant of Bitcoin - Updated Information - page 722. (Read 2761645 times)

Yeah, just need someone to send me a detailed description (with links) to what we need for the audit. I've actually been waiting for someone to send me that for about 3 weeks, but no one has yet.

I doubt he has time to see this atm - he gives 2 interviews this week...

@ Salsacz: I would like to officially request 15K NXT from the conference support section of your marketing fund.   I intend to use these funds to print up handout materials for the Texas Bitcoin Conference, with leftover copies from Austin sent on to NXT reps for the San Francisco, New York and Toronto Bitcoin conventions in the next few weeks.  My NXT account for receiving these funds would be 16092180239932658439.  

I have previously posted the proposed text for this brochure here for review, and have incorporated suggested changes.  See https://bitcointalksearch.org/topic/m.5245021.

I have designed a full color NXT trifold brochure that I would like to have printed in Austin and pickup there on Tuesday evening March 4.   I have priced it with CC West Printing Office (http://ccwestprinting.com) in Austin and their price is 2000 for $526 or 5000 for $723.  Their price is so good for 5000 that I want to order that many.  Turn time is 3 days, so I have to get the final copy to them Thursday Feb 27.   I will post a PDF receipt for this marketing expenditure on the site here as part of an audit trail.

I will post a link to a PDF here on the site of the final trifold brochure copy I send CC West before I go to Austin so anybody can download it and use it locally.

My intention is to put one of these trifold brochures on every chair in the three speaker areas at the Texas Bitcoin Conference early in the morning on March 6, then go around at the end of the day and pick up any leftovers.   I will then mail unused NXT brochures to whoever is going to the San Francisco conference for their use.  They can keep mailing these brochures forward to each NXT rep at each upcoming conference until they are gone.    Then maybe we can print more, we'll see.

Thanks, Salsa!

That would be great, she cracked SHA1 scheme.

If the network tells which nodes in advance that they will get work then..
You would put power management into the nodes so they would use less resources when not needed
If the network sees that forging would exceed the scope of a single node then it should split the work across more than one and we support more than one node forging in parallel in some way
If this were possible sooner rather than later that would be good because assuming NXT takes off it will place less pressure on us having lots of nodes of a minimum spec to keep up with the need to receive, forge and broadcast. This would be because we could move to parallel transparent forging or transparent parallel forging - not sure which it is or whether it matters what we call it.


On bandwidth - binary will help but you could implement a simple compression protocol as a post process on the JSON rather than removing it - its not as efficient a pure binary but you can achieve 70%+ bandwidth reduction compressing text which is why network companies sell H/W to do this but you can do it in SW - just need to pick an inline compression algo.

Cheaper too because you don't have to change all your SW because you can test using text and then just layer on the compression in live operation or last testing stages.

Blockchain pruning - I think current/archive might be a better way of looking at it. These are financial transactions, maybe you never want to destroy them.

Why can't we define an archiving point for a node, or the max age that the node stores the block chain into. the intelligence that when you can't follow a reference in the chain you can query an archive node and maybe a node just has an age parameter and beyond this age it doesn't store the chain but knows a node which does and/or maybe nodes broadcast the age of the chain they store and maybe this gives them some forging benefit for storing it all and also nodes then know where to go for the data.

We just then need a few core nodes who store everything and then a standard age depending on the size and important of a node in the network.

Cant remember what FIFO is.

Are there any insider news from the Cryptsy team?

Just a reminder for everyone who hasn't already to please sign up for Bittrex.  Will also update everyone on Atomic Trade soon.  Thank you

I heard from Lisa Yin (PHD MIT Crypto) about doing our Crypto audit, but she just wanted a specific overview of what we need.  Can someone PM me with the info please.  Thanks.

Wonderful! The song of love charity program could use some help as well -
https://bitcointalksearch.org/topic/nxt-6k-raised-for-songs-of-love-468258

thank you msin

The ball is in his court. I havent heard back any complaints, so I am assuming it is just a matter of getting everything setup. Maybe the problem is that there is a new simplified genesis block and we are using old source as base. He might have to merge the original genesis block into our release, or our release into more recent version.

Not sure. I am assuming no news is good news. Just waiting for msg from him that zeronet is ready to test.

James

Yeah, I've tried, half those tips are from me, it works great.

Lets call it "spam prevention fee"
That is what it is

Much appreciated. Thanks secret Santa 7017504655955743955

Did you speak with Edward?

Ellinas re??

Anyone tried this?

http://tipnxt.com/

under the menu Vips, you have usernames and accounts

Muchas gracias, amigo 7017504655955743955.

στην υγειά σας

Perfect way of describing zerocoin! NXTcash team has made an internal release and waiting for zeronet (testnet for NXTcash) to be setup. Hopefully, by next week we can experiment with teleportation.

Even with a small number of users, as the transaction counts go up, there should be no more than random statistical chance of determining the correct path. Havent done the calculations, but I think it rapidly becomes impractical to do any sort of meaningful correlation.

James

Thanks 7017504655955743955 :-)

The Infrastructure committee needs people like you to figure all this out and come up with recommendations. I predict that in order to support the high transaction rate, it will need to be subsidized for a time. Good thing we have the budget for that.

I would like to see an adaptive overall network speed. This would maximize the effective throughput, while minimizing the max throughput we need to handle. Similar to dynamically allocating only the RAM you need, instead of allocating the max RAM you will ever need. A cost savings of 2 to 10 is possible, depending on usage spikes.

Minimizing bandwidth by going to binary format, blockchain pruning or blockchain FIFO for non-hallmark nodes, etc, etc.

We need to figure out all this and then make it happen. I have many ideas for what we can build on top of NXT, but the current 1 NXT fee makes them unviable. I change my vote from 0.1 to 0.01 NXT per transaction. Keep in mind a "transaction" is everything, eg. AM, AT, AE, not just sending of NXT. If it was possible to have different fees for different uses, that might give us the best of both worlds. We could keep sending money at 1 NXT, AE trades at .01 NXT, etc.

Imagine what happens if AE trades cost .01 NXT and the btc-e bots (I have some of them) started day trading. At 1 NXT, it will never happen. At .01 NXT, it starts becoming something that is possible.

James