Pages:
Author

Topic: What Debate? NXT Votes Unanimously to Add Coin Mixing Anonymity (Read 2408 times)

legendary
Activity: 924
Merit: 1000
Not everything is a complex conspiracy: Nxt is simply a solid, legitimate project, with a shedload of good tech, and we're in this for the long term.

http://www.urbandictionary.com/define.php?term=too+smart+by+half

What's fascinating about conspiracy theories is that they're instantiations of "too smart by half." In my own off-and-on conspiracy-theory watching, I have these observations:

1. Conspiracy theories fill an informational vacuum: definite demand but next-to-no supply of hard facts.

2. Conspiracy theories appeal to outsiders, people who normally have to rely on opinion, hunches and surmise instead of facts. The outsiders are the "customer base."
2a) They also appeal to folks who have a liking for too-smart-by-half overcomplexification.

3. But, a conspiracy theory's "customers" and "prospects" are outsiders who have a deep, emotional need to have information that they can't get - or information that gives their suspicion-minded confirmation biases.
3a) People who come up with conspiracy theories tend to be good-boy types who've had their trust in authority abused.

4. The most interesting facet of conspiracy theories is that they appeal to folks who, at bottom, are deferential to authority. They have a huge emotional need to believe that their "betters" know more than they do (but aren't telling!) That's why the most obvious rebuttal to a conspiracy theory - no-one knows what's really going on! - never works.

5. Conspiracy theorists are "displacement perfectionists." If they can find one single flaw in the mainstream explanation, they seize upon it as "evidence" that their conspiracy theory is better than the mainstream portrayal.


Use it if you need it; add to it if you want.
hero member
Activity: 504
Merit: 512
NXT has definitely my respect, it's one of my favorite coins, not just elegant but also very stable and useful.
newbie
Activity: 40
Merit: 0
Nxt has quite long history now. Is there any real world usage about it apart from trading in exchanges?
legendary
Activity: 924
Merit: 1000
Good time to pick some up cheap.

I hate it when people say this. I mean, I hope its true. But you don't know for sure that it is.

I now hate it because I said it at much higher prices. Shocked

But seriously: when I got into the speculating racket, I had concluded that the hardest skill is selling out 'at' the top. Not only recognizing a toppy market, but also having a thick-enough skin to "sell and regret it."

But now, I'm seeing - the hard way, as per usual  Wink - that calling the end of a bear market is a mug's game too. That's like in the salt mines...

(Maybe I'm just banging my head against a brick wall to show everyone how tough smart I am.)
hero member
Activity: 686
Merit: 500

Not thinking too much about short-term price (which sucks  Sad)



NXT is down to 2800, but Bitshares is 1400.  So NXT has weathered the market downturn better than others. 
sr. member
Activity: 420
Merit: 262
Why'd you interrupt our Nihilism thread to talk about marketing?

That's all you're doing. You're just trying to promote projects that won't exist in a year. We're sick of being marketed to.

Just make something useful that has the potential to improve the world instead of looking for a quick buck. We've heard it all before.

Edit: Anybody who would buy or use a coin called Boolberry is slightly mentally challenged.

This thread is about improving the anonymity of SuperNET. NXT just like Boolberry (CryptoNote coin with advanced features) is part of SuperNet
http://www.supernet.org/coins.php
https://www.youtube.com/watch?v=vT9-WKwODNI

Right now combining CryptoNote (CN) and Confidential Transactions (CT) is the most advanced cryptocurremcy anonymity system ever designed.

My design and white paper combines CN with Compact Confidential Transactions (CCT, and improves that white paper) which is supposedly more compact than Blockstream's CT. I believe I am the only person do that so far (completed in July). I need to do some calculations now that I have digested Monero cryptographer Shen-Noether's version that combines CN with CT.

CCT is apparently less complex to implement than CT because proving the hidden values are positive requires a simpler zero knowledge proof (which I improved to increase compactness and make it faster).

After all, it looks like Monero cryptographer Shen-Noether's design for this Holy Grail of on-chain anonymity where Cryptonote one-time rings are combined with homomorphic value hiding can do the same functionality as my design can. My white paper was completed in July all by myself. Shen's white paper was only completed in October and he interacted with some from Blockstream and apparently others.

The difference in our two designs appears to end up only in terms of efficiency. His design works with Blockstream's Confidential Transactions. My design works with an unpublished version of Denis Lukianov's Compact Confidential Transactions which contains my improvements to make it even more compact and probably 3-4 times faster (pending tests).

So you can compare CCT to CT and see that my design should have a better than 850% size advantage (see section 4.6 Comparison to CT) and the performance should also be faster than Shen's:

http://voxelsoft.com/dev/cct.pdf#page=10

Bitshares explains why efficiency of transactions is very important if you want to minimize transactions fees while maximizing the number of validating mining (PoW or PoS) nodes listening on the network:

http://wiki.bitshares.org/index.php/DPOS_or_Delegated_Proof_of_Stake#Scalability

My white paper will eventually be published of course. Some coin may get it secretly to implement first before it is published.

...

I personally still believe having the best tech and being first mover in a market with it, can add stature for a coin and/or ecosystem.
hero member
Activity: 854
Merit: 1001
Meh...I'm not exactly a massive Keiser fan.....or spent much time on him, tbh.
The speech he gave at the conference was the most I've ever seen of him in action.
He talks sense, mostly, but tends to go off on one...... Grin

Anyhow, don't read too much into it, Marc de Mesel could probably get the Pope to say nice things about NXT during a ride in the Lambo.

Oh, yeah...on the solidity of NXT.
Not thinking too much about short-term price (which sucks  Sad), but looking at everything I can see going on in Nxt: I'm almost happy.
There's a plan (almost) in place to deal with the weaknesses of Nxt as a project:
http://www.cryptocoinupdates.com/bitcoin-alternative-nxt-announces-coordinated-marketing-project-codenamed-project-tennessee/
Nxt marketing will get (semi)-organised and more professional, Nxt gets some actual average user-friendly client software and external projects will have an incubator structure to keep them on the path to delivery.

You're not wrong on the volume, btw, but the current volume is better than a few months ago.
Still not great, though, you can't regard any market-listed currency/stock as being liquid until you're seeing a 1% daily trade volume.
Nxt is still off that by a long way...... Cry
legendary
Activity: 3010
Merit: 8114
Your personal feelings on Max Keiser......fine by me. But you are seeing shadowy conspiracies where none exist.
We just grabbed Max at a conference, stuffed him in Marc's Lambo and rolled the camera. No pumping intended.....obviously, if Max had said that Nxt was a pile of pooh, Marc probably wouldn't have posted the video, but what you're seing here is purely MK's spontaneous opinion, no more, no less.  Take it how you like.
https://www.youtube.com/watch?v=ZDgnmbd9ZzY

Not everything is a complex conspiracy: Nxt is simply a solid, legitimate project, with a shedload of good tech, and we're in this for the long term.


That's your opinion, Dave. NXT is far from solid at this point. Total trade volume is about half as much as it was 1 year ago:

http://nxtreporting.com/stats.php

And having Max Keiser say good things about your coin is indeed a red flag for anybody in the know. The guy is a professional shyster. Just because he's not in prison (yet) it doesn't mean he's not a heaping pile of shit of a human being.
hero member
Activity: 854
Merit: 1001

Could you possibly find the time to hunt out your nxt.log file and send it over ?
You can give it to this brave messenger, and we'd very much appreciate you not sending him back using a catapult this time.......oh most merciful ruler of the plains...etc...etc
 Grin

Yes I would actually be grateful if you took a look at it. I know the word "Evil" is in your name but I trust the log doesn't have private information in it. I'll send you a PM when I get a chance to tomfool around.

There are truths to my words whether you want to accept them or not. Sure, it could just be me. But then why is the price of NXT sinking like a flaming ball of fat out of a trebuchet upon heathens clustered in a castle?

one of the last original investors is cashing out in a violent way.  They have about 7.5 million NXT left to dump (3.5MM in assets and 4MM in NXT).

Good time to pick some up cheap.

When the original investors are cashing out...it is not the best time to buy.

Never is it.

Max Kesier was helping him pump NXT in that ferarri video or whatever saying "I like NXT at these levels"...that was a huge red flag for me to stay the fuck away for now until the price truly bottoms.

Saying "I like NXT at these levels" is a bait and switch statement to give you confidence that this is a cheap place to buy for now but really they are just pumping the price to dump on to suckers.

Pretty simply just that.

Hmmm....your post has a few inaccuracies, S.
First off....the current dump is, as far as I can see, the last big original stakeholder cashout. Last time I looked, he/she/whatever only had 2 millon NXT (+some assets) left from an original 50 million. If this is the end of the NXT distribution from big stakeholders, we should see price recovery.
But who knows, not many guarantees in crypto, particularly these days.

Your personal feelings on Max Keiser......fine by me. But you are seeing shadowy conspiracies where none exist.
We just grabbed Max at a conference, stuffed him in Marc's Lambo and rolled the camera. No pumping intended.....obviously, if Max had said that Nxt was a pile of pooh, Marc probably wouldn't have posted the video, but what you're seing here is purely MK's spontaneous opinion, no more, no less.  Take it how you like.
https://www.youtube.com/watch?v=ZDgnmbd9ZzY

Not everything is a complex conspiracy: Nxt is simply a solid, legitimate project, with a shedload of good tech, and we're in this for the long term.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Why'd you interrupt our Nihilism thread to talk about marketing?

That's all you're doing. You're just trying to promote projects that won't exist in a year. We're sick of being marketed to.

Just make something useful that has the potential to improve the world instead of looking for a quick buck. We've heard it all before.

Edit: Anybody who would buy or use a coin called Boolberry is slightly mentally challenged.

You probably know this but there are alternatives to Boolberry.

And yes it is a gawd awful name.

Who picked that shit?  Cheesy

The name issue was voted on long ago and "Boolberry" won the vote easily. I like the name:
https://bitcointalksearch.org/topic/m.9036021

Yes there are other CryptoNote coins beside Boolberry, but Boolberry has unique advantages and is the only CryptoNote coin that is part of SuperNET. Lets stay on topic. We are discussing the anonymity features of SuperNET and while CryptoNote, CT and CoinShuffle are all relevant the name of SuperNET CORE coins such as Boolberry are not. Lets focus on the tech.

I respect your stance.

Don't mind me I meant it with no disrespect. I personally do not like the name.

Concerning the topic isnt that article like 3 months old now?

Where are the updates to that article's claim?
sr. member
Activity: 378
Merit: 250
Why'd you interrupt our Nihilism thread to talk about marketing?

That's all you're doing. You're just trying to promote projects that won't exist in a year. We're sick of being marketed to.

Just make something useful that has the potential to improve the world instead of looking for a quick buck. We've heard it all before.

Edit: Anybody who would buy or use a coin called Boolberry is slightly mentally challenged.

You probably know this but there are alternatives to Boolberry.

And yes it is a gawd awful name.

Who picked that shit?  Cheesy

The name issue was voted on long ago and "Boolberry" won the vote easily. I like the name:
https://bitcointalksearch.org/topic/m.9036021

Yes there are other CryptoNote coins beside Boolberry, but Boolberry has unique advantages and is the only CryptoNote coin that is part of SuperNET. Lets stay on topic. We are discussing the anonymity features of SuperNET and while CryptoNote, CT and CoinShuffle are all relevant the name of SuperNET CORE coins such as Boolberry are not. Lets focus on the tech.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Why'd you interrupt our Nihilism thread to talk about marketing?

That's all you're doing. You're just trying to promote projects that won't exist in a year. We're sick of being marketed to.

Just make something useful that has the potential to improve the world instead of looking for a quick buck. We've heard it all before.

Edit: Anybody who would buy or use a coin called Boolberry is slightly mentally challenged.

You probably know this but there are alternatives to Boolberry.

And yes it is a gawd awful name.

Who picked that shit?  Cheesy
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper

Could you possibly find the time to hunt out your nxt.log file and send it over ?
You can give it to this brave messenger, and we'd very much appreciate you not sending him back using a catapult this time.......oh most merciful ruler of the plains...etc...etc
 Grin

Yes I would actually be grateful if you took a look at it. I know the word "Evil" is in your name but I trust the log doesn't have private information in it. I'll send you a PM when I get a chance to tomfool around.

There are truths to my words whether you want to accept them or not. Sure, it could just be me. But then why is the price of NXT sinking like a flaming ball of fat out of a trebuchet upon heathens clustered in a castle?

one of the last original investors is cashing out in a violent way.  They have about 7.5 million NXT left to dump (3.5MM in assets and 4MM in NXT).

Good time to pick some up cheap.

When the original investors are cashing out...it is not the best time to buy.

Never is it.

Max Kesier was helping him pump NXT in that ferarri video or whatever saying "I like NXT at these levels"...that was a huge red flag for me to stay the fuck away for now until the price truly bottoms.

Saying "I like NXT at these levels" is a bait and switch statement to give you confidence that this is a cheap place to buy for now but really they are just pumping the price to dump on to suckers.

Pretty simply just that.
member
Activity: 109
Merit: 10
Why'd you interrupt our Nihilism thread to talk about marketing?

That's all you're doing. You're just trying to promote projects that won't exist in a year. We're sick of being marketed to.

Just make something useful that has the potential to improve the world instead of looking for a quick buck. We've heard it all before.

Edit: Anybody who would buy or use a coin called Boolberry is slightly mentally challenged.

This thread is about improving the anonymity of SuperNET. NXT just like Boolberry (CryptoNote coin with advanced features) is part of SuperNet
http://www.supernet.org/coins.php
https://www.youtube.com/watch?v=vT9-WKwODNI

Right now combining CryptoNote and Confidential Transactions is the most advanced cryptocurremcy anonymity system ever designed.
legendary
Activity: 3010
Merit: 8114
Why'd you interrupt our Nihilism thread to talk about marketing?

That's all you're doing. You're just trying to promote projects that won't exist in a year. We're sick of being marketed to.

Just make something useful that has the potential to improve the world instead of looking for a quick buck. We've heard it all before.

Edit: Anybody who would buy or use a coin called Boolberry is slightly mentally challenged.
member
Activity: 109
Merit: 10
What Debate? NXT Votes Unanimously to Add Coin Mixing Anonymity
NXT, the finance 2.0 blockchain platform, has voted unanimously to implement CoinShuffle, a coin mixing anonymity technique to NXTcoin and other 'Monetary System' tokens. Implementation is expected on the next major release.
http://cointelegraph.com/news/114915/what-debate-nxt-votes-unanimously-to-add-coin-mixing-anonymity

And who do think suggested jl777 to use CoinShuffle as a first step? Me.

But now there is something better available (or you can use both together as I also gave jl777 the idea of using CoinShuffle as a way to send messages anonymously):

https://bitcointalksearch.org/topic/m.12740753

New debate:

As a HUGE improvement to CoinShuffle should SuperNET focus on integrating CryptoNote with Confidential Transactions?

I could see my whitepaper being more valuable to a coin that has no strong anonymity yet and which has the funds or market size to pay me. Bitshares and Nxt are probably the strongest candidates for getting my white paper if they are interested because they have weak anonymity thus far and at least the SuperNet (although they are working it, mine is I think superior than what they came up with and I do know what they were working on) has the funds available (haven't spoken to them yet on this issue) and if not just keep it for my own coin. Boolberry may still be affiliated with SuperNet so perhaps SuperNet would fund the addition of my algorithm to both BBR and any other coin on the SuperNet.


Boolberry and SuperNET (who has the money) should be very interested.

Please contact jl777
https://bitcointalksearch.org/user/jl777-177323

Here is a recent post he made on the issue:
https://bitcointalksearch.org/topic/m.12617626
sr. member
Activity: 420
Merit: 262
What Debate? NXT Votes Unanimously to Add Coin Mixing Anonymity
NXT, the finance 2.0 blockchain platform, has voted unanimously to implement CoinShuffle, a coin mixing anonymity technique to NXTcoin and other 'Monetary System' tokens. Implementation is expected on the next major release.
http://cointelegraph.com/news/114915/what-debate-nxt-votes-unanimously-to-add-coin-mixing-anonymity

And who do think suggested jl777 to use CoinShuffle as a first step? Me.

But now there is something better available (or you can use both together as I also gave jl777 the idea of using CoinShuffle as a way to send messages anonymously):

https://bitcointalksearch.org/topic/m.12740753
legendary
Activity: 3010
Merit: 8114
Pages:
Jump to: