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Topic: The 2.0 throwdown thread (Read 21052 times)

hero member
Activity: 714
Merit: 508
January 09, 2016, 02:12:42 AM

2.0 is so 2000s prepare for crypto 3.0!!!!!
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
January 08, 2016, 02:24:56 PM
Nxt now has the "Data Cloud" feature on mainnet (with NRS 1.7.3e).

This feature allows to upload lightweight data files directly to the blockchain. The files are also very easy to upload, download and search. As an example, this feature is perfect to put torrent files onto the blockchain.
https://nxtforum.org/nrs-releases/nrs-v1-7-3e/

This is a very useful feature of the NXT platform. NXT sure has some good developments going on, but sometimes I wonder why price is so cheap when compared to other crypto 2.0 I think that the best crypto 2.0 out there are none other than Ripple, Ethereum and NXT. If big companies get to invest into of these crypto currencies, then we might be able to see a positive trend in probable Bitcoin replacements. All of them have great and better technologies than Bitcoin, but still Bitcoin remains at the top being the pioneer of the Blockchain technology.  Cheesy

I have invested a lot into those mentioned cryptos by the way, hoping to gain profits once they rise both in price and demand.  Grin
sr. member
Activity: 350
Merit: 252
December 29, 2015, 12:39:42 AM
link to test out the nxt file storage feature? what is the max file size and fee cost?

At the moment you need to install 1.7.3 mainnet or use the tesnet.
https://nxtforum.org/nrs-releases/nrs-v1-7-3e/

There is no demo link yet for this feature.

Im not 100% sure, but I think it is 1 NXT (not sure, but probably more) for 42Kb (maximum size) of prunable data (90 days on normal node and indefinitly on archive node), or 1 NXT for each 32bytes of permanent data on normal node (maximum size 160 bytes).

So this feature is for lightweight data files.

I think you can get the info on this link:
https://nxtforum.org/nrs-releases/nrs-v1-7-0e/

otherwise please feel free to ask for info directly in this topic
https://nxtforum.org/nrs-releases/nrs-v1-7-3e/

thanks will have to test out this file hosting thing.
hero member
Activity: 715
Merit: 500
December 28, 2015, 03:43:57 PM
link to test out the nxt file storage feature? what is the max file size and fee cost?

At the moment you need to install 1.7.3 mainnet or use the tesnet.
https://nxtforum.org/nrs-releases/nrs-v1-7-3e/

There is no demo link yet for this feature.

Im not 100% sure, but I think it is 1 NXT (not sure, but probably more) for 42Kb (maximum size) of prunable data (90 days on normal node and indefinitly on archive node), or 1 NXT for each 32bytes of permanent data on normal node (maximum size 160 bytes).

So this feature is for lightweight data files.

I think you can get the info on this link:
https://nxtforum.org/nrs-releases/nrs-v1-7-0e/

otherwise please feel free to ask for info directly in this topic
https://nxtforum.org/nrs-releases/nrs-v1-7-3e/
hero member
Activity: 715
Merit: 500
December 28, 2015, 03:35:40 PM
There is the possibiliy of pruning data too in Nxt. There is two type of node, archive and normal node. So Nxt Cloud should not used too much space on normal node since after a while (90 days if transaction not renew) only the hash of the transaction is keep on the normal blockchain, but the data is still available on the archive chain.
But your distributing data via dht so its not deterministic, depends on seeds. If it was stored on archive nodes then it would make more sense

dht is for torrent or magnet file, nothing to do with nxt peers as far as I know(I could be wrong, you seems a technical guy). Archive node store the magnet link after 90 days before that all node store it on the blockhain.

 
full member
Activity: 165
Merit: 101
December 28, 2015, 03:20:47 PM
link to test out the nxt file storage feature? what is the max file size and fee cost?
legendary
Activity: 2044
Merit: 1005
December 28, 2015, 03:10:54 PM
There is the possibiliy of pruning data too in Nxt. There is two type of node, archive and normal node. So Nxt Cloud should not used too much space on normal node since after a while (90 days if transaction not renew) only the hash of the transaction is keep on the normal blockchain, but the data is still available on the archive chain.
But your distributing data via dht so its not deterministic, depends on seeds. If it was stored on archive nodes then it would make more sense
hero member
Activity: 715
Merit: 500
December 28, 2015, 02:12:56 PM
There is the possibiliy of pruning data too in Nxt. There is two type of node, archive and normal node. So Nxt Cloud should not used too much space on normal node since after a while (90 days if transaction not renew) only the hash of the transaction is keep on the normal blockchain, but the data is still available on the archive chain.
legendary
Activity: 2044
Merit: 1005
December 28, 2015, 01:47:59 PM
Nxt now has the "Data Cloud" feature on mainnet (with NRS 1.7.3e).

This feature allows to upload lightweight data files directly to the blockchain. The files are also very easy to upload, download and search. As an example, this feature is perfect to put torrent files onto the blockchain.
https://nxtforum.org/nrs-releases/nrs-v1-7-3e/
So you just store magnet links to torrent data which is served up like a p2p bittorrent network? How is that different than what these other projects are doing but they also include ability to sell storage space?

In the end you may have a case where you need some information that you dont have stored and its not on the cloud anymore all you have is a magnet link with no peers. Is this correct?

As far as I understand, it can be used with magnet link where DHT network is used. If there is no peer, of course the file cannot be retrieve. Im not expert in torrent, I was just giving an example. In fact, I'm not sure to understand your question.

The Data Cloud feature allow you to upload any small file on the blockchain (not just torrent). Here is a screen shot since an image worth a thoushand words:


Note also that this is the first version of the GUI.

For more information, I suggest you try the client (1.7.3e) or ask question directly on the forum in this topic:
https://nxtforum.org/nrs-releases/nrs-v1-7-3e/
Yea i see where they are going., its a neat idea for sure to solve the bandwidth requirement issue although bitcoins ibd is pretty good at that with pruning to limit storage costs.. What im doing with syscoin is storing on chain for my services (only a few kb) which i could have done this way but decided that a deterministic data retrieval was more important than saving bandwidth, not to mention easier to understand and less moving parts.. While seperating concerns between the problem of bandwidth and using that data.. Id say bitcoin devs will come up with ways tto solve the issue which i can leverage instead of complicating the setup with workarounds like dht.
hero member
Activity: 715
Merit: 500
December 28, 2015, 01:13:34 PM
Nxt now has the "Data Cloud" feature on mainnet (with NRS 1.7.3e).

This feature allows to upload lightweight data files directly to the blockchain. The files are also very easy to upload, download and search. As an example, this feature is perfect to put torrent files onto the blockchain.
https://nxtforum.org/nrs-releases/nrs-v1-7-3e/
So you just store magnet links to torrent data which is served up like a p2p bittorrent network? How is that different than what these other projects are doing but they also include ability to sell storage space?

In the end you may have a case where you need some information that you dont have stored and its not on the cloud anymore all you have is a magnet link with no peers. Is this correct?

As far as I understand, it can be used with magnet link where DHT network is used. If there is no peer, of course the file cannot be retrieve. Im not expert in torrent, I was just giving an example. In fact, I'm not sure to understand your question.

The Data Cloud feature allow you to upload any small file on the blockchain (not just torrent). Here is a screen shot since an image worth a thoushand words:


Note also that this is the first version of the GUI.

For more information, I suggest you try the client (1.7.3e) or ask question directly on the forum in this topic:
https://nxtforum.org/nrs-releases/nrs-v1-7-3e/
legendary
Activity: 2044
Merit: 1005
December 28, 2015, 12:51:31 PM
Nxt now has the "Data Cloud" feature on mainnet (with NRS 1.7.3e).

This feature allows to upload lightweight data files directly to the blockchain. The files are also very easy to upload, download and search. As an example, this feature is perfect to put torrent files onto the blockchain.
https://nxtforum.org/nrs-releases/nrs-v1-7-3e/
So you just store magnet links to torrent data which is served up like a p2p bittorrent network? How is that different than what these other projects are doing but they also include ability to sell storage space?

In the end you may have a case where you need some information that you dont have stored and its not on the cloud anymore all you have is a magnet link with no peers. Is this correct?
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
December 28, 2015, 09:42:33 AM
NEM has a centralized app being built on it called DragonFly that can now be mentioned in that sections of the chart.  It is a remittance app using NEM on the back end for international transfers. 

http://www.dragonflyfintech.com/#welcome

Here is a news article that announces a partnership with DragonFly and a major Japanese Bank.  http://allcoinsnews.com/2015/12/17/dragonfly-inks-deal-with-nomura-sbi-sumishin-net-bank-offering-nem-blockchain-based-solution/
hero member
Activity: 715
Merit: 500
December 28, 2015, 07:35:27 AM
Nxt now has the "Data Cloud" feature on mainnet (with NRS 1.7.3e).

This feature allows to upload lightweight data files directly to the blockchain. The files are also very easy to upload, download and search. As an example, this feature is perfect to put torrent files onto the blockchain.
https://nxtforum.org/nrs-releases/nrs-v1-7-3e/
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
October 24, 2015, 04:42:45 AM
Walter Sobchak: So you have no frame of reference here, Donny. You're like a child who wanders into the middle of a movie and wants to know...
newbie
Activity: 38
Merit: 0
October 24, 2015, 04:12:41 AM
If you want to be Crypto 2.0 then making NOISE is part of the .biz
Can't do that then don't ask me to take you seriously.

NXT
XMR
Digibyte
etc ... can cause a commotion ... free advice ... make sure Crypti media ... blogs in detail a full and complete report ... and make sure it gets published and SEO ranked for "Crypti vs. Cryptsy" ... you need a record to back up your claims ... so again .. show not tell.

I'm a long time member of Nxt, but if it would be able to create a big ruckus, then it wouldn't be at $6.xM marketcap. Down from over $70M. Wink

I think Monero is a good coin, not sure if it fits into 2.0.
legendary
Activity: 2044
Merit: 1005
October 23, 2015, 09:35:37 PM
Can anyone translate?

Here come the Chinese, which are good at copying everything. Plagiarism, no problem it is legal in China.

So far they've been able to make Chinese versions of everything we have in the West (e.g. replacement for Amazon.com, social networks, Google, etc) that cater to their markets which are large enough that they haven't had to worry about external adoption. But I think crypto-currency might be different. Crypto-currency straddles borders so they need our comprehension and adoption also.

Doesn't that speak to the idea of maybe being closed-source for a while to gain market share?  As long as it's peer-reviewed under a hardened NDA it should be more than sufficient.  That way the originator can achieve growth before the inevitable clone onslaught and thus will not be able to succeed unless they prove a demonstrable improvement over the original.

Just a thought...

That requires trust. Its the very thing we are trying to remove.

You have been given an elevator speech and fell for it, now you are trying to convince yourself and others its ok to be corruptible and nothing in this world has to change.. Its fine the way it is! The fed is printing asymptotically ideal money.
full member
Activity: 179
Merit: 100
October 23, 2015, 06:54:13 PM
Can anyone translate?

Here come the Chinese, which are good at copying everything. Plagiarism, no problem it is legal in China.

So far they've been able to make Chinese versions of everything we have in the West (e.g. replacement for Amazon.com, social networks, Google, etc) that cater to their markets which are large enough that they haven't had to worry about external adoption. But I think crypto-currency might be different. Crypto-currency straddles borders so they need our comprehension and adoption also.

Doesn't that speak to the idea of maybe being closed-source for a while to gain market share?  As long as it's peer-reviewed under a hardened NDA it should be more than sufficient.  That way the originator can achieve growth before the inevitable clone onslaught and thus will not be able to succeed unless they prove a demonstrable improvement over the original.

Just a thought...
legendary
Activity: 2044
Merit: 1005
October 23, 2015, 12:37:51 PM

一生万物,万物归一
未来的个人数字银行系统
Tai Yi
One for All, All for One
Personal Bank System of the Future

http://www.taiyilabs.com/
http://coinmarketcap.com/assets/trmb/

=================
got a verdict on the YB?

Can anyone translate?

Here come the Chinese, which are good at copying everything. Plagiarism, no problem it is legal in China.

So far they've been able to make Chinese versions of everything we have in the West (e.g. replacement for Amazon.com, social networks, Google, etc) that cater to their markets which are large enough that they haven't had to worry about external adoption. But I think crypto-currency might be different. Crypto-currency straddles borders so they need our comprehension and adoption also.

Doesn't matter its totally geared for the Chinese, whitepaper is chinese only and from documentation/explorer looks like its a clone of Nxt or something
sr. member
Activity: 420
Merit: 262
October 23, 2015, 11:53:28 AM

一生万物,万物归一
未来的个人数字银行系统
Tai Yi
One for All, All for One
Personal Bank System of the Future

http://www.taiyilabs.com/
http://coinmarketcap.com/assets/trmb/

=================
got a verdict on the YB?

Can anyone translate?

Here come the Chinese, which are good at copying everything. Plagiarism, no problem it is legal in China.

So far they've been able to make Chinese versions of everything we have in the West (e.g. replacement for Amazon.com, social networks, Google, etc) that cater to their markets which are large enough that they haven't had to worry about external adoption. But I think crypto-currency might be different. Crypto-currency straddles borders so they need our comprehension and adoption also.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
October 23, 2015, 11:38:05 AM

一生万物,万物归一
未来的个人数字银行系统
Tai Yi
One for All, All for One
Personal Bank System of the Future

http://www.taiyilabs.com/
http://coinmarketcap.com/assets/trmb/

=================
got a verdict on the YB?
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