Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 777. (Read 2761655 times)

newbie
Activity: 12
Merit: 0
Charity Update 1:

We will receive plenty of complentary tickets for the event when we hit our $10k mark. Folks, with matching donations, we're already half way there.  I'm on a TV news station tomorrow to talk about Nxt and Songs of Love.


Charity Update 2:

"We want to make sure everyone knows that each child get their very own “song of love” on a CD that they can play anytime they are feeling down or in the middle of a scary and/or painful hospital procedure.

Thanks! " - John Beltzer, Founder of Songs of Love


great work! can you pm me the donation address? i cant do it atm and it would save me hunting for it again later in this monstrosity of a thread lol id like to help.. i dont have much but its something.. Smiley


on another note... the place i normally buy bitcoin seems out of actoin for some reason.. i only want it to buy nxt.. :/ lol im wondering if anyone would be interested in selling me 100/150 euro worth of nxt? il do a sepa transfer first so you know im not scamming. i have no other way of buying coin at this moment.. :/ you can hold the coins until payment goes through if you like..  thanks and no harm if no one is willing to sell.


I'll be honest, I can't even wrap my mind around the pain and fear that some of the kids must feel. Because of people like you, their day is a bit better. Thank you.

1. Send your NXT payment to the following address which is controlled by Damelon:

4636321498642303120


I can't agree more.. all of these donations are going to a great cause to help these kids through their difficult times.

Thank you to everyone that has donated so far and I urge everyone to give a little bit if they can, every Nxt counts!
member
Activity: 98
Merit: 10
I want to make one more point here as an official NXT treasurer.  Those NXT fund spreadsheets in my sig currently document THREE QUARTERS OF A MILLION DOLLARS of assets.  This is with the NXT price apparently still being held down by a whale doing a slow selloff of his funds, with NXT still on the launchpad instead of blasting off for da moon.  In a matter of weeks or a few months we could literally be in control of MILLIONS OF DOLLARS WORTH OF NXT.   This is a HUGE HUGE HUGE responsibility.  Disbursing these assets is not like peeling off a five out of your wallet at McDonalds.  There has got to be a CHAIN OF COMMAND.  The treasurer has got to receive clear, unambiguous, and documented authorization to disburse from a SPECIFIC DESIGNATED SPENDING AUTHORITY that everybody acknowledges.  

It's not as big a deal as making sure you've got Presidential authorization to turn that key in a nuke sub....but I'm treating it that way.  Would you rather have a treasurer who didn't?


I want you to be as anal as possible. We're talking about the future of a movement.
full member
Activity: 168
Merit: 100
I'm happy to announce that TwinWinNerD has just bought some of my lovely stickers.
Yay!
77 NXT for 5 stickers+postage, its a bargain.


Which made me think: Is this transaction the first time someone has purchased a physical item in exchange for NXT ?
I can't believe no-one has done it before us, but I don't remember seeing anything earlier on in this thread.


sorry, there were some video game sales a while back
Quick search mode.....aha:
https://bitcointalksearch.org/topic/m.5127218
Punkrock selling keys for BF4.....does a video game key count? And did he get NXT for them?
I still claim TwinWinNerD and myself for the first physical item transaction......we need to figure this out for the NXT history books.


Yesterday seems so far away:
Nice one, apenzl. Many +1s.

I'm actually a luthier, and I make custom acoustic guitars that I would love to trade for nxt.

If there are any musicians in the community out there that would like a custom guitar, let me know. Making a Nxt themed guitar might be pretty fun.  Cheesy
member
Activity: 98
Merit: 10
Charity Update 1:

We will receive plenty of complentary tickets for the event when we hit our $10k mark. Folks, with matching donations, we're already half way there.  I'm on a TV news station tomorrow to talk about Nxt and Songs of Love.


Charity Update 2:

"We want to make sure everyone knows that each child get their very own “song of love” on a CD that they can play anytime they are feeling down or in the middle of a scary and/or painful hospital procedure.

Thanks! " - John Beltzer, Founder of Songs of Love


great work! can you pm me the donation address? i cant do it atm and it would save me hunting for it again later in this monstrosity of a thread lol id like to help.. i dont have much but its something.. Smiley


on another note... the place i normally buy bitcoin seems out of actoin for some reason.. i only want it to buy nxt.. :/ lol im wondering if anyone would be interested in selling me 100/150 euro worth of nxt? il do a sepa transfer first so you know im not scamming. i have no other way of buying coin at this moment.. :/ you can hold the coins until payment goes through if you like..  thanks and no harm if no one is willing to sell.


I'll be honest, I can't even wrap my mind around the pain and fear that some of the kids must feel. Because of people like you, their day is a bit better. Thank you.

1. Send your NXT payment to the following address which is controlled by Damelon:

4636321498642303120
member
Activity: 98
Merit: 10
Charity Update 1:

We will receive plenty of complementary tickets for the event when we hit our $10k mark. Folks, with matching donations, we're already half way there.  I'm on a TV news station tomorrow to talk about Nxt and Songs of Love.

11:20am Thursday Feb 20 (US-Central -6:00 GMT)

http://www.kspr.com/video-photo/live


Charity Update 2:

"We want to make sure everyone knows that each child get their very own “song of love” on a CD that they can play anytime they are feeling down or in the middle of a scary and/or painful hospital procedure.

Thanks! " - John Beltzer, Founder of Songs of Love




hero member
Activity: 644
Merit: 500
Dev Response Requested

As I've mentioned prior, CoinPayments is working on adding Nxt to their offering. Please help me address this question:

"I've been working on NXT some more today and looking at this page
http://wiki.nxtcrypto.org/wiki/Handling_deposits it sounds like
transactions aren't really "safe" and can disappear until they get 720
confirms (~12 hours). Is that right?"

No, looks like what the page is saying iif "the timestamp and deadline values of a transaction" is correct,  you wouldn'y have to wait that long. 10 confirmation should be enough

Maybe I am mistaken, but that's what it looks like
full member
Activity: 196
Merit: 100
I want to make one more point here as an official NXT treasurer.  Those NXT fund spreadsheets in my sig currently document THREE QUARTERS OF A MILLION DOLLARS of assets.  This is with the NXT price apparently still being held down by a whale doing a slow selloff of his funds, with NXT still on the launchpad instead of blasting off for da moon.  In a matter of weeks or a few months we could literally be in control of MILLIONS OF DOLLARS WORTH OF NXT.   This is a HUGE HUGE HUGE responsibility.  Disbursing these assets is not like peeling off a five out of your wallet at McDonalds.  There has got to be a CHAIN OF COMMAND.  The treasurer has got to receive clear, unambiguous, and documented authorization to disburse from a SPECIFIC DESIGNATED SPENDING AUTHORITY that everybody acknowledges. 

It's not as big a deal as making sure you've got Presidential authorization to turn that key in a nuke sub....but I'm treating it that way.  Would you rather have a treasurer who didn't?
sr. member
Activity: 252
Merit: 250

8 projects waiting for approval in infrastructure committee:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806&p=3877#p3877

2 projects waiting for approval in marketing fund committee (salsazc please look for double entry with your administered fund)

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807

please go discuss and vote.

thank you

update committee boards:

NXTinfrastructure board: 9 projects ----> 1 validated, 7 non objected, 1 objected

If no objection by tommorrow first project "payment modules for the main open source ecommerce and CMS systems" project leader Damelon, will receive 50K from the infrastructure unclaimed coins fund.

Any objections can be formulated here: https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806&start=20

NXTmarketingfund: 3 projects------> 2 non objected, 1 objected

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807

NXTtechfund: 1 project------> more info required

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=808



What happens to the objected one?

If no concensus committee has to vote (voting system tbd, non gameable voting system)

Woah, woah, woah.  I want to call a time out here for a few pages.

I'm not trying to be the Grinch here, but I STRONGLY think we've got to get a better handle on this whole process before we just start handing out NXT left and right to ANYBODY.  

The infrastructure spending thread has been open for all of about 36 hours.  Already we've got 9 projects in the queue and only 23 posts in the thread - less than 3 per project.  There is NO WAY we have given the proper amount of deliberation to what is being proposed here.   And a vote is being called for already if we haven't achieved agreement as a committee?  

Um...what's wrong with this picture?

I am a big believer in spreadsheets to collect all the data in one place and if ever there was a need for them, it's right now.   We need to generate a standard spreadsheet listing who is asking, what their project is, how much they want, and a link to a thread that talks about their individual project.  Just for starters.

We need to establish a rule that nobody gets a vote on their project for at least a week after they've proposed it to avoid the exact kind of rush to judgement that is happening here.  I would personally prefer at least two weeks, but I don't want anybody to think I'm TOTALLY crazy...

I also sort of thought there was gonna be some kind of vetting of people putting their names down for committees, where they would have to put in at least one post describing why they thought they were qualified to serve on a committee, what they wanted to accomplish there, blah blah blah, and um....we might actually VOTE IN A POLL to pick the top 5?

Instead it's just put your name down as a candidate and you're in?  On as many committees as you want?

So how is voting for funding going to work in a group of people like THAT?

Hey, I'm all for rapid progress but we've got to establish some kind of initial setup and standards here and PACE OURSELVES FOR THE LONG GAME or this bounty of NXT is going to be gone in a FLASH.

I say forget about voting NXT out of the treasury for at least a few more days and lets go back to setting up the committees themselves and the "paperwork" that defines the process we are about to embark upon..


Agreed, somehow I assumed the debates in progress had no actual executive power.

So first things first, what about opening a new spreadsheet where members volunteering/applying for the committees can enter their profile in a comment field? Then set polls.

Having made a general expression of dismay a few posts back, let me zoom in here a little.  Pin, I like you and we see eye to eye on a lot of things and I applaud your initative and these committees can probably use a Trail Boss and you might very well be the right person for that task. 

But I gotta call it like I see it.  And one guy who has not been voted in to be a leader just cannot make statements like "If no objection by tommorrow first project XYZ will receive 50K from the infrastructure unclaimed coins fund."  and "If no concensus committee has to vote" when the committee hasn't even had time to say boo to each other yet.  I haven't gotten involved yet because I thought we were still in some kind of phase where people were still putting their names in to APPLY for the committee. 

Somehow I missed the memo that we've got the tach redlined while we're screaming down the freeway of love in a pink Cadillac. 

So I'm gonna say two things and shut up.  I hereby vote no on every single infrastructure project until I see its details on a spreadsheet line.  And I'm gonna go off and create that spreadsheet right now.  I'll be back with the links.


The community must come to a concensus as to who is the person authorized to request the treasurers to make a spending transaction. Each treasurer should "take orders" from one person only, and ideally it should be a different person for each fund/treasurer.
full member
Activity: 236
Merit: 100

Why? What's the point?

BTC address (that's mot easy to remember)
a long english sentence
telphone number

have a easy rememebered and strong  secret phrase.
member
Activity: 98
Merit: 10
Dev Response Requested

As I've mentioned prior, CoinPayments is working on adding Nxt to their offering. Please help me address this question:

"I've been working on NXT some more today and looking at this page
http://wiki.nxtcrypto.org/wiki/Handling_deposits it sounds like
transactions aren't really "safe" and can disappear until they get 720
confirms (~12 hours). Is that right?"
full member
Activity: 196
Merit: 100

update committee boards:

NXTinfrastructure board: 9 projects ----> 1 validated, 7 non objected, 1 objected

If no objection by tommorrow first project "payment modules for the main open source ecommerce and CMS systems" project leader Damelon, will receive 50K from the infrastructure unclaimed coins fund.


Having made a general expression of dismay a few posts back, let me zoom in here a little.  Pin, I like you and we see eye to eye on a lot of things and I applaud your initative and these committees can probably use a Trail Boss and you might very well be the right person for that task. 

But I gotta call it like I see it.  And one guy who has not been voted in to be a leader just cannot make statements like "If no objection by tommorrow first project XYZ will receive 50K from the infrastructure unclaimed coins fund."  and "If no concensus committee has to vote" when the committee hasn't even had time to say boo to each other yet.  I haven't gotten involved yet because I thought we were still in some kind of phase where people were still putting their names in to APPLY for the committee. 

Somehow I missed the memo that we've got the tach redlined while we're screaming down the freeway of love in a pink Cadillac. 

So I'm gonna say two things and shut up.  I hereby vote no on every single infrastructure project until I see its details on a spreadsheet line.  And I'm gonna go off and create that spreadsheet right now.  I'll be back with the links.


full member
Activity: 135
Merit: 100
updated to 0.7.6!
working well  Grin
sr. member
Activity: 460
Merit: 250

8 projects waiting for approval in infrastructure committee:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806&p=3877#p3877

2 projects waiting for approval in marketing fund committee (salsazc please look for double entry with your administered fund)

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807

please go discuss and vote.

thank you

update committee boards:

NXTinfrastructure board: 9 projects ----> 1 validated, 7 non objected, 1 objected

If no objection by tommorrow first project "payment modules for the main open source ecommerce and CMS systems" project leader Damelon, will receive 50K from the infrastructure unclaimed coins fund.

Any objections can be formulated here: https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806&start=20

NXTmarketingfund: 3 projects------> 2 non objected, 1 objected

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807

NXTtechfund: 1 project------> more info required

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=808



What happens to the objected one?

If no concensus committee has to vote (voting system tbd, non gameable voting system)

Woah, woah, woah.  I want to call a time out here for a few pages.

I'm not trying to be the Grinch here, but I STRONGLY think we've got to get a better handle on this whole process before we just start handing out NXT left and right to ANYBODY.  

The infrastructure spending thread has been open for all of about 36 hours.  Already we've got 9 projects in the queue and only 23 posts in the thread - less than 3 per project.  There is NO WAY we have given the proper amount of deliberation to what is being proposed here.   And a vote is being called for already if we haven't achieved agreement as a committee?  

Um...what's wrong with this picture?

I am a big believer in spreadsheets to collect all the data in one place and if ever there was a need for them, it's right now.   We need to generate a standard spreadsheet listing who is asking, what their project is, how much they want, and a link to a thread that talks about their individual project.  Just for starters.

We need to establish a rule that nobody gets a vote on their project for at least a week after they've proposed it to avoid the exact kind of rush to judgement that is happening here.  I would personally prefer at least two weeks, but I don't want anybody to think I'm TOTALLY crazy...

I also sort of thought there was gonna be some kind of vetting of people putting their names down for committees, where they would have to put in at least one post describing why they thought they were qualified to serve on a committee, what they wanted to accomplish there, blah blah blah, and um....we might actually VOTE IN A POLL to pick the top 5?

Instead it's just put your name down as a candidate and you're in?  On as many committees as you want?

So how is voting for funding going to work in a group of people like THAT?

Hey, I'm all for rapid progress but we've got to establish some kind of initial setup and standards here and PACE OURSELVES FOR THE LONG GAME or this bounty of NXT is going to be gone in a FLASH.

I say forget about voting NXT out of the treasury for at least a few more days and lets go back to setting up the committees themselves and the "paperwork" that defines the process we are about to embark upon..


Agreed, somehow I assumed the debates in progress had no actual executive power.

So first things first, what about opening a new spreadsheet where members volunteering/applying for the committees can enter their profile in a comment field? Then set polls.
legendary
Activity: 1176
Merit: 1134

8 projects waiting for approval in infrastructure committee:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806&p=3877#p3877

2 projects waiting for approval in marketing fund committee (salsazc please look for double entry with your administered fund)

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807

please go discuss and vote.

thank you

update committee boards:

NXTinfrastructure board: 9 projects ----> 1 validated, 7 non objected, 1 objected

If no objection by tommorrow first project "payment modules for the main open source ecommerce and CMS systems" project leader Damelon, will receive 50K from the infrastructure unclaimed coins fund.

Any objections can be formulated here: https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806&start=20

NXTmarketingfund: 3 projects------> 2 non objected, 1 objected

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807

NXTtechfund: 1 project------> more info required

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=808



What happens to the objected one?

If no concensus committee has to vote (voting system tbd, non gameable voting system)

Woah, woah, woah.  I want to call a time out here for a few pages.

I'm not trying to be the Grinch here, but I STRONGLY think we've got to get a better handle on this whole process before we just start handing out NXT left and right to ANYBODY. 

The infrastructure spending thread has been open for all of about 36 hours.  Already we've got 9 projects in the queue and only 23 posts in the thread - less than 3 per project.  There is NO WAY we have given the proper amount of deliberation to what is being proposed here.   And a vote is being called for already if we haven't achieved agreement as a committee? 

Um...what's wrong with this picture?

I am a big believer in spreadsheets to collect all the data in one place and if ever there was a need for them, it's right now.   We need to generate a standard spreadsheet listing who is asking, what their project is, how much they want, and a link to a thread that talks about their individual project.  Just for starters.

We need to establish a rule that nobody gets a vote on their project for at least a week after they've proposed it to avoid the exact kind of rush to judgement that is happening here.  I would personally prefer at least two weeks, but I don't want anybody to think I'm TOTALLY crazy...

I also sort of thought there was gonna be some kind of vetting of people putting their names down for committees, where they would have to put in at least one post describing why they thought they were qualified to serve on a committee, what they wanted to accomplish there, blah blah blah, and um....we might actually VOTE IN A POLL to pick the top 5?

Instead it's just put your name down as a candidate and you're in?  On as many committees as you want?

So how is voting for funding going to work in a group of people like THAT?

Hey, I'm all for rapid progress but we've got to establish some kind of initial setup and standards here and PACE OURSELVES FOR THE LONG GAME or this bounty of NXT is going to be gone in a FLASH.

I say forget about voting NXT out of the treasury for at least a few more days and lets go back to setting up the committees themselves and the "paperwork" that defines the process we are about to embark upon..




I agree. Please make sure we get sane processes for all this. I'm deep into bitcoin multisig.

James
full member
Activity: 196
Merit: 100

8 projects waiting for approval in infrastructure committee:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806&p=3877#p3877

2 projects waiting for approval in marketing fund committee (salsazc please look for double entry with your administered fund)

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807

please go discuss and vote.

thank you

update committee boards:

NXTinfrastructure board: 9 projects ----> 1 validated, 7 non objected, 1 objected

If no objection by tommorrow first project "payment modules for the main open source ecommerce and CMS systems" project leader Damelon, will receive 50K from the infrastructure unclaimed coins fund.

Any objections can be formulated here: https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806&start=20

NXTmarketingfund: 3 projects------> 2 non objected, 1 objected

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807

NXTtechfund: 1 project------> more info required

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=808



What happens to the objected one?

If no concensus committee has to vote (voting system tbd, non gameable voting system)

Woah, woah, woah.  I want to call a time out here for a few pages.

I'm not trying to be the Grinch here, but I STRONGLY think we've got to get a better handle on this whole process before we just start handing out NXT left and right to ANYBODY. 

The infrastructure spending thread has been open for all of about 36 hours.  Already we've got 9 projects in the queue and only 23 posts in the thread - less than 3 per project.  There is NO WAY we have given the proper amount of deliberation to what is being proposed here.   And a vote is being called for already if we haven't achieved agreement as a committee? 

Um...what's wrong with this picture?

I am a big believer in spreadsheets to collect all the data in one place and if ever there was a need for them, it's right now.   We need to generate a standard spreadsheet listing who is asking, what their project is, how much they want, and a link to a thread that talks about their individual project.  Just for starters.

We need to establish a rule that nobody gets a vote on their project for at least a week after they've proposed it to avoid the exact kind of rush to judgement that is happening here.  I would personally prefer at least two weeks, but I don't want anybody to think I'm TOTALLY crazy...

I also sort of thought there was gonna be some kind of vetting of people putting their names down for committees, where they would have to put in at least one post describing why they thought they were qualified to serve on a committee, what they wanted to accomplish there, blah blah blah, and um....we might actually VOTE IN A POLL to pick the top 5?

Instead it's just put your name down as a candidate and you're in?  On as many committees as you want?

So how is voting for funding going to work in a group of people like THAT?

Hey, I'm all for rapid progress but we've got to establish some kind of initial setup and standards here and PACE OURSELVES FOR THE LONG GAME or this bounty of NXT is going to be gone in a FLASH.

I say forget about voting NXT out of the treasury for at least a few more days and lets go back to setting up the committees themselves and the "paperwork" that defines the process we are about to embark upon..



full member
Activity: 148
Merit: 100
ANNOUNCEMENT!

Asset Exchange is a great tool, but will not succeed without service providers. The most important question is…
How to get legal FIAT out of the IPO?

Let me explain the IPO process using Nxt´s Asset Exchange through our example:
We have a limited liability company (ltd) in Austria with financial reports for the last two years which is accessible online. The owners are known; we will try to provide a reasonable business plan and are ready to attend Q&A sessions so we can wave away all doubts. We are planning to pay dividends regularly to our investors depending of income. 
We are not a startup, but for this project, we will need another office, new developers, and a lot of things related to the daily job which we can´t (yet) pay with Bitcoin or Nxt, so we will definitively need FIAT to make those purchases. We need legal FIAT that the company can spend.
I am pretty sure that after the story with Visacoin (and all the other scammers) most of us will only invest in companies/projects of well-known community members, where the transparency is given, so you know whom you are lending your money. And they will also need a gateway to get legal FIAT out of the IPO.
I decided to consult a tax advisor, a business consultant and a professional offshore consultant to get an overview about the possibilities. And I am more than thrilled about the news I got. Smiley

My offer:
There are several ways for a company to get FIAT out of crypto, paying only a reasonable amount of tax. But all the ways are going through a special company (with special license) that is made for this purpose. There are professionals who know how to set things up in a LEGAL way, without risks. Sure, we need to pay (a reasonable amount of) taxes, but for that, we can have a good night´s sleep without the risk of getting busted for money laundering, tax evasion or something similar. We can have our own company, earn money by charging handling and transaction fees, AND help the community to grow and evolve. I am looking for a well-known community member to team up with to found this special company. I am a member of the community since the end of November and am ready to meet in person, wherever we can arrange it. This is a big opportunity, I think, but I can´t do it alone. I need someone to brainstorm with, to share the ideas, the work, the responsibility, the win and of course the risk of this investment.
Setting up a company (anonymously, so our name will not be linked to it) will cost 15 000 Euro (around 33 BTC or 350 000 Nxt) INCLUDING all costs for setting up the company in the Seychelles, all the consultants fees, and all other connected costs for the first year. From the second year on, the maintenance costs will be around 6000 Euro + an annual turnover tax of 1.5%. Setting up the same company not anonymously would cost 10 000 Euro.

We will be able to help to convert crypto to FIAT, and also to pay the dividends (in a legal way in FIAT) to the investors through our company if the startup doesn´t want to bother with this. Something similar to what Havelock Investment is doing, except, that we will not look for projects and attract investors, as this will be done using Nxt´s Asset Exchange. We step in once the funding was successful and the desired amount of investment was raised by the community.

I´ve already spent around 500 Euros on consulting with the above mentioned guys, so I am very serious about this, but will not start the project alone, just to make this clear.
I will be in Moscow this Friday till Monday and will be in New York in the end of March if someone would like to discuss this in person.

Anonymous Seychelles company for 15k €? Why anonymous? And why 15k €? You can open it online for about $1k.
The government annual fee for a CSL is just $200, the rest of that 6000 € is your consultant's profit

Just create a ltd in some country without vat on cryptocurrencies (like Hong Kong, or even Germany I think) and that's it.

Still, I don't see the reason for an existing company to not just use an existing bitcoin exchange to get money out of ipo, unless it's actually illegal in its country (China?).
hero member
Activity: 644
Merit: 500
Can someone send me links to any secure online Nxt wallets available?  Working with a couple exchanges to add Nxt and want to make it easy for their end users.  Thanks.

please define secure Grin in online.

maybe: https://wallet.mynxt.info/

I can provide information about the security of the wallet if necessary.

Okay, please provide.

In short:

1) Nxt Account Private Keys are 50 chars randomly generated by cryptographic standard algorithm
2) Keys are AES 256 encrypted twice. One time using a site-wide private AES key and one time using the user's salted password.
3) Only SSL is allowed through the site

If an attacker ever gets on hold of my database, they won't be able to decrypt the account private keys without having both the user password AND the site-wide AES private key.

No system is 100% safe, we all know this. But I think this wallet is much safer than simply using brain wallets (as it is today). Humans are not very good in creating and then storing truly random passwords.

i coded a simple brain wallet
   shuffle 3 simple easy rememebered strings into a secret phrase.
strings like:
BTC address
a long english sentence
telphone number

shuffle control string, like
0123456789
 0: one by one insert,
 1: one by 2 insert.
the control string different ,the shuffle is different.

how to  generate a secret phrase by shuffle.
1 get a long string  by shuffle 3 short strings.
2. every bytes +100 , to another string
3.loop to 104, get 6 times long the source string,let say is SA.
4. SA + password =secret phrase


Why? What's the point?

BTC address (that's mot easy to remember)
a long english sentence
telphone number


full member
Activity: 236
Merit: 100
Can someone send me links to any secure online Nxt wallets available?  Working with a couple exchanges to add Nxt and want to make it easy for their end users.  Thanks.

please define secure Grin in online.

maybe: https://wallet.mynxt.info/

I can provide information about the security of the wallet if necessary.

Okay, please provide.

In short:

1) Nxt Account Private Keys are 50 chars randomly generated by cryptographic standard algorithm
2) Keys are AES 256 encrypted twice. One time using a site-wide private AES key and one time using the user's salted password.
3) Only SSL is allowed through the site

If an attacker ever gets on hold of my database, they won't be able to decrypt the account private keys without having both the user password AND the site-wide AES private key.

No system is 100% safe, we all know this. But I think this wallet is much safer than simply using brain wallets (as it is today). Humans are not very good in creating and then storing truly random passwords.

i coded a simple brain wallet
   shuffle 3 simple easy rememebered strings into a secret phrase.
strings like:
BTC address
a long english sentence
telphone number

shuffle control string, like
0123456789
 0: one by one insert,
 1: one by 2 insert.
the control string different ,the shuffle is different.

how to  generate a secret phrase by shuffle.
1 get a long string  by shuffle 3 short strings.
2. every bytes +100 , to another string
3.loop to 104, get 6 times long the source string,let say is SA.
4. SA + password =secret phrase



hero member
Activity: 854
Merit: 1001
I'm happy to announce that TwinWinNerD has just bought some of my lovely stickers.
Yay!
77 NXT for 5 stickers+postage, its a bargain.


Which made me think: Is this transaction the first time someone has purchased a physical item in exchange for NXT ?
I can't believe no-one has done it before us, but I don't remember seeing anything earlier on in this thread.


sorry, there were some video game sales a while back
Quick search mode.....aha:
https://bitcointalksearch.org/topic/m.5127218
Punkrock selling keys for BF4.....does a video game key count? And did he get NXT for them?
I still claim TwinWinNerD and myself for the first physical item transaction......we need to figure this out for the NXT history books.


Yesterday seems so far away:
Nice one, apenzl. Many +1s.
full member
Activity: 350
Merit: 100
Does anyone have a few testNXT? I'm out and need to test a few things.

11369639962571180006
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