Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 844. (Read 2761626 times)

sr. member
Activity: 294
Merit: 250
@JL:
With 0.7.5 if i use
Code:
https://192.168.1.10:7875/nxt?requestType=startForging&secretPhrase=*****

i get
Code:
{"errorCode":5,"errorDescription":"Unknown account"}

The account i use to forge is in my signature and the node i use also in my signature
hero member
Activity: 490
Merit: 504
Conference San Francisco in a month
http://www.coinsumm.it/
I am trying to get a speaker for discussion:
Quote
Decentralized Applications - the future of Bitcoin and virtual currencies?
VItalik Buterin, Ethereum.org, Anthony Di Iorio, Ethereum.org, Brock Pierce, Mastercoin Foundation
Moderated by Adam Levine, Let's talk Bitcoin

We really need someone to be there Smiley


I can go bar no one else. surely someone else is closer

Ricky is closer. But still, it is only 6 hours and $320 for both fly tickets from Atlanta Smiley Pamir also responded me few minutes ago "I would love to have NXT involved. Who do you have in mind as ambassador to send?".

They also offer sponsoring packages, but they are out of our leagues Cheesy
legendary
Activity: 1092
Merit: 1010
Can some people chip in in this discussion here?

https://nextcoin.org/index.php/topic,4039.45/topicseen.html
full member
Activity: 360
Merit: 100
Okay guys,

I have serious issues in my life right now, thus I'm offline until April!

- NXTarea.com will stay like it is right now.
- nxtion.com goes offline and links to NXTarea.com
- NXTvote.com goes offline and links to NXTarea.com
- NXT777.com is on pause and links to NXTarea.com
- NXTgates.com is on pause and links to NXTarea.com
- coinarea.net link to NXTarea.com

- tipNXT will stay online, because I don't have to take care of it. It will run on itself like it is right now. You can still use it.
- wallet.nxtarea.com:7874 will stay online, it's quite a hassle but the client runs smooth and I can take the 4 minutes every few days/weeks if a new client is there.


I can't work anymore on Nxtchg.com with jefdiesel, msin and voldemort.
I can't work anymore on nxt.org with BitVenturer.

I'm sorry guys!

I gave Damelon and TwinWinNerD full permission for everything for the subreddit /r/Nxt!

I will come back in April and if everything works fine I can submit far more time then.

I hope that you all will give everything to make Nxt a success! I'm looking forward to April and a hopefully 10x more valuable Nxt. Wink

Passion, Really sorry to hear about RL problems, Please let us know how we can help.
You really have done great work on all these projects, and The NXT community is very thankful to you for it.

We will do our best to get the price up high and add all kinds of features so your mind is blown when you come back!

Any guesses what he mitht expect returning in april in terms of nxt price Smiley?
sr. member
Activity: 336
Merit: 250
AKA jefdiesel
Okay guys,

I have serious issues in my life right now, thus I'm offline until April!

- NXTarea.com will stay like it is right now.
- nxtion.com goes offline and links to NXTarea.com
- NXTvote.com goes offline and links to NXTarea.com
- NXT777.com is on pause and links to NXTarea.com
- NXTgates.com is on pause and links to NXTarea.com
- coinarea.net link to NXTarea.com

- tipNXT will stay online, because I don't have to take care of it. It will run on itself like it is right now. You can still use it.
- wallet.nxtarea.com:7874 will stay online, it's quite a hassle but the client runs smooth and I can take the 4 minutes every few days/weeks if a new client is there.


I can't work anymore on Nxtchg.com with jefdiesel, msin and voldemort.
I can't work anymore on nxt.org with BitVenturer.

I'm sorry guys!

I gave Damelon and TwinWinNerD full permission for everything for the subreddit /r/Nxt!

I will come back in April and if everything works fine I can submit far more time then.

I hope that you all will give everything to make Nxt a success! I'm looking forward to April and a hopefully 10x more valuable Nxt. Wink

Passion, Really sorry to hear about RL problems, Please let us know how we can help.
You really have done great work on all these projects, and The NXT community is very thankful to you for it.

We will do our best to get the price up high and add all kinds of features so your mind is blown when you come back!
hero member
Activity: 910
Merit: 1000
Let's say the forger can include 6 transaction, 3 have no fee, 3 have a fee included. He could just include the 3 transaction that generate some Nxt for him. That should be punished.

As far as I know you can't make a tx with zero fee in Nxt (am I wrong?).


You are right. As long as we have no other tool to prevent spamming, there will always be fees.
sr. member
Activity: 376
Merit: 300
Conference San Francisco in a month
http://www.coinsumm.it/
I am trying to get a speaker for discussion:
Quote
Decentralized Applications - the future of Bitcoin and virtual currencies?
VItalik Buterin, Ethereum.org, Anthony Di Iorio, Ethereum.org, Brock Pierce, Mastercoin Foundation
Moderated by Adam Levine, Let's talk Bitcoin

We really need someone to be there Smiley
I wrote them asking why there is no mention of NXT, and got this response:
**********************
From: Pamir Gelenbe, [email protected]

Hi ******,
Thanks for reaching out. We would love to have NXT involved. I met Piotr from the NXT community in Berlin last week. How can we get you guys involved?
Thanks!
Pamir
**********************
So it will be really good if someone goes there (it a pity I'm on another continent...)!

Yeah, "Piotr" is me Cheesy So good news then. I actually sent email to Pamir before the conf when I was preparing for it. So yes, he mentioned this and invited us in Berlin to San Francisco

Nxt message from Pamir:
Quote
Great stuff. I would be happy to have one of you as a speaker.
We are also open for sponsorship if you guys want to make a big splash.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
Yeah, "Piotr" is me Cheesy

Really?

In that case I think we have met in several topics before.
hero member
Activity: 490
Merit: 504
Conference San Francisco in a month
http://www.coinsumm.it/
I am trying to get a speaker for discussion:
Quote
Decentralized Applications - the future of Bitcoin and virtual currencies?
VItalik Buterin, Ethereum.org, Anthony Di Iorio, Ethereum.org, Brock Pierce, Mastercoin Foundation
Moderated by Adam Levine, Let's talk Bitcoin

We really need someone to be there Smiley
I wrote them asking why there is no mention of NXT, and got this response:
**********************
From: Pamir Gelenbe, [email protected]

Hi ******,
Thanks for reaching out. We would love to have NXT involved. I met Piotr from the NXT community in Berlin last week. How can we get you guys involved?
Thanks!
Pamir
**********************
So it will be really good if someone goes there (it a pity I'm on another continent...)!

Yeah, "Piotr" is me Cheesy So good news then. I actually sent email to Pamir before the conf when I was preparing for it. So yes, he mentioned this and invited us in Berlin to San Francisco
newbie
Activity: 56
Merit: 0
Some test coins please: 10286067528061319850 Smiley
Sent 1K TestNxt Wink
Thanks, transferred some peanuts back Wink

Hmmz, can't transfer assets either. Just buy them. Sorry, no peanuts Cheesy.

sr. member
Activity: 376
Merit: 300
Conference San Francisco in a month
http://www.coinsumm.it/
I am trying to get a speaker for discussion:
Quote
Decentralized Applications - the future of Bitcoin and virtual currencies?
VItalik Buterin, Ethereum.org, Anthony Di Iorio, Ethereum.org, Brock Pierce, Mastercoin Foundation
Moderated by Adam Levine, Let's talk Bitcoin

We really need someone to be there Smiley
I wrote them asking why there is no mention of NXT, and got this response:
**********************
From: Pamir Gelenbe, [email protected]

Hi ******,
Thanks for reaching out. We would love to have NXT involved. I met Piotr from the NXT community in Berlin last week. How can we get you guys involved?
Thanks!
Pamir
**********************
So it will be really good if someone goes there (it a pity I'm on another continent...)!
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
Let's say the forger can include 6 transaction, 3 have no fee, 3 have a fee included. He could just include the 3 transaction that generate some Nxt for him. That should be punished.

As far as I know you can't make a tx with zero fee in Nxt (am I wrong?).
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
but a forger could accomplish the same thing by choosing to forge empty blocks; thus avoiding the penalty.  Its a fairly weak criticism, IMO.

So if the forger forges a block with no txs what *exactly* is the problem?

Without some sort of mathematical proof I don't really see what we are talking about (and you could make the same point about PoW systems also as they could mine a block with 0 txs as has occurred many times before with Bitcoin).
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Quote
This creates two classes of users and significantly reduces the percentage of the money supply used to secure the network.

Why? Here we see no explanation but just a statement of "fact" (or in other words "bullshit").

Quote
Additionally both of these systems suffer from the potential that a large stake holder could perform a denial of service attack by refusing to include some or all transactions.

They seem to have overlooked the "penalty" for not forging here.

you mis attributed some quotes to me.  Ive fixed them in this post, please fix in yours..
but a forger could accomplish the same thing by choosing to forge empty blocks; thus avoiding the penalty.  Its a fairly weak criticism, IMO.

But the criticism on only a few accounts being used to secure the network; is that valid?  Is it necessarily a bad thing for say only 100 accounts to be active forging 100% of the time, where those 100 accounts have, lets say 15% of all NXT?  Is that bad?  If so, how is is different by leasing out your effectiveBalance?  Does allowing those 100 accounts to forge with 50% of all NXT then change things?

I guess the argument is:

If 100% of NXT forge, then you need 91% of all NXT for a 91% attack.

If only 20% of NXT forge, then you need only 18.2% of all NXT for a 91% attack (that number assumes that only 1.8% of all NXT forge that you dont controll)
and so on
newbie
Activity: 56
Merit: 0
Can't issue any asset with the client of Wesley. Sending messages goes well Smiley.
- 5k testNXT sent.
Thanks! Will send back what I have left in a few days Smiley.

Anyone got 0.7.5 successfully running on a RasPi?
Mine is crashing everytime because of memory issues.
Very interested in the solution to this problem as well!
full member
Activity: 238
Merit: 100
Quote
This creates two classes of users and significantly reduces the percentage of the money supply used to secure the network.

Why? Here we see no explanation but just a statement of "fact" (or in other words "bullshit").

Quote
Additionally both of these systems suffer from the potential that a large stake holder could perform a denial of service attack by refusing to include some or all transactions.

They seem to have overlooked the "penalty" for not forging here.

you mis attributed some quotes to me.  Ive fixed them in this post, please fix in yours..
but a forger could accomplish the same thing by choosing to forge empty blocks; thus avoiding the penalty.  Its a fairly weak criticism, IMO.

But the criticism on only a few accounts being used to secure the network; is that valid?  Is it necessarily a bad thing for say only 100 accounts to be active forging 100% of the time, where those 100 accounts have, lets say 15% of all NXT?  Is that bad?  If so, how is is different by leasing out your effectiveBalance?  Does allowing those 100 accounts to forge with 50% of all NXT then change things?
legendary
Activity: 1778
Merit: 1043
#Free market
Some test coins please: 10286067528061319850 Smiley





Sent 1K TestNxt Wink
hero member
Activity: 490
Merit: 504
If anyone wanted to help with english proofreading for Nxt articles, let me know Smiley (we've got some guys already, but joefox isn't a robot Cheesy )
legendary
Activity: 2142
Merit: 1010
Newbie
Isnt a pool of leased forging power suffer the same issue as theclass of users and could dos the same way?

No. It's their business - to forge blocks.
hero member
Activity: 910
Merit: 1000
Seems they r right, we should implemented forging power leasing to get rid of such the issue.

lol.
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