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1381  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 07, 2014, 08:11:49 AM
Quote from: asdlolciterquit on October 07, 2014, 08:11:04 AM
Quote from: xtester on October 06, 2014, 02:28:41 PM
Quote from: asdlolciterquit on October 06, 2014, 02:27:05 PM
Quote from: xtester on October 06, 2014, 01:14:22 PM
Quote from: asdlolciterquit on October 06, 2014, 01:10:51 PM
Quote from: hardshot on October 06, 2014, 10:15:07 AM
Do we have to claim our stakes now?

I thought we would be notified via PM when official NEM distribution begins?

good question!

what happened if i wait until the official launch?

Tokens will be sent now. Please take a look at this: https://bitcointalk.org/index.php?topic=654845.msg9082423#msg9082423

In any case, we will also be sending out the NEM newsletter in which everyone will receive the info, as well as communicating the message across all our channels.


yep, i know. We just wonder if we can wait to register our stake...

There is one month time in which you can register your stake. Anyway, why would you want to wait?

thx! just because there is no final version yet.. Cheesy

Official version of what ?
1382  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [AИN] NODE - 2n Gen. CryptoCurrency build from SCRATCH on NODE.JS - Brand NEW! on: October 07, 2014, 08:06:59 AM
Quote from: TheRealSilk on October 07, 2014, 07:57:46 AM
Quote from: patmast3r on October 07, 2014, 07:40:48 AM

The network is safe because even a transaction with 100s of confirmations won't end up in a block if it's not valid but I will only know if it's really valid when a block is created.
However my point wasn't that the network isn't safe and that my double-spend would get through. The point was there are no instant transactions because i can't trust confirmations without an inlcusion into a block.

...
Your transaction with 100 confirmations will be ignored in all the right nodes.
...

That is only true if the node already knows about both transactions. As a single tx they are valid only when you know about both of them they become a double-spend. So if i sent my double spend directly to the two recipients with a few confirmations it'll look legit to them. Only when the block comes out one of them will get rejected.
If every broadcast from a node could be considered a confirmation than any crypto woul have instant tx. It doesn't matter that every node does it's own validation because not a single node but the entire network needs to agree on validity.

Unless I'm majorly missing something.
1383  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [AИN] NODE - 2n Gen. CryptoCurrency build from SCRATCH on NODE.JS - Brand NEW! on: October 07, 2014, 07:40:48 AM
Quote from: TheRealSilk on October 07, 2014, 07:32:20 AM
Quote from: patmast3r on October 07, 2014, 06:39:24 AM
Quote
Instant Transactions - Node's transactions stream has impressive response time, added security measures which lead to an untraditional block generation.

I still don't understand how that is supposed to work. Any chance we'll get a more technical whitepaper anytime soon ?

Here's my problem.

Okay so you get a confirmation everytime a node spreads your tx further (which he only does if it's valid) which will of course result in many confirmations in very little time.

Consider this scenario:

I set-up many evil nodes
I send 2 valid transactions to two recipients (I send the same NODEs so double-spend. The txs are both valid unless you know about both of them)
I give loads of confirmations to my double spend with my evil NODES and I'm sending those directly to the two recepeints.

So I got two valid transations (they are valid unless you know abou both of them) both with many confirmations from my evil nodes.

You're absolutely correct to say that not both payments will make it into the blockchain because the forger won't be one of my evil nodes  but if i can only be sure that a tx is legit when it's in the blockchain then instant transactions are an illusion.  

I'm really not trying to discredit NODE. I'm legitimately interested in how instant tx are supposed to be achieved in this system.

Node has a double verification
1) Verification transaction blockсhain user (1 Confirmation)
2) Verification when adding a block

Correctly example:
- You make a transaction
- Collects transaction confirmation
- The transaction is added to the block after a minimum of 3 confirmation (1 check for validity)
- The unit is spread over the network and added to blockchain member (2 check for validity)

your example
- You do not validate the transaction
- Is going wrong with the confirmation of your nodes
- The transaction is going on in the network

Here your transaction will be ignoring, even if she has 100 confirmed

The fact that the user node first checks the transaction for validity, and then adds +1 confirm,
then checks for a minimum of confirmation, and generates the block.

The network is safe because even a transaction with 100s of confirmations won't end up in a block if it's not valid but I will only know if it's really valid when a block is created.
However my point wasn't that the network isn't safe and that my double-spend would get through. The point was there are no instant transactions because i can't trust confirmations without an inlcusion into a block.

1384  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 07, 2014, 07:14:24 AM
Quote from: solix on October 07, 2014, 06:56:34 AM
Yowza:

http://www.reddit.com/r/Bitcoin/comments/2ihy7e/overstock_announces_counterparty_as_the_partner/

I'd rather wipe out wallstreet than replace it Smiley
As long as it's the same evil working with the system, I don't care who build the system or how it works.
1385  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [AИN] NODE - 2n Gen. CryptoCurrency build from SCRATCH on NODE.JS - Brand NEW! on: October 07, 2014, 06:39:24 AM
Quote
Instant Transactions - Node's transactions stream has impressive response time, added security measures which lead to an untraditional block generation.

I still don't understand how that is supposed to work. Any chance we'll get a more technical whitepaper anytime soon ?

Here's my problem.

Okay so you get a confirmation everytime a node spreads your tx further (which he only does if it's valid) which will of course result in many confirmations in very little time.

Consider this scenario:

I set-up many evil nodes
I send 2 valid transactions to two recipients (I send the same NODEs so double-spend. The txs are both valid unless you know about both of them)
I give loads of confirmations to my double spend with my evil NODES and I'm sending those directly to the two recepeints.

So I got two valid transations (they are valid unless you know abou both of them) both with many confirmations from my evil nodes.

You're absolutely correct to say that not both payments will make it into the blockchain because the forger won't be one of my evil nodes  but if i can only be sure that a tx is legit when it's in the blockchain then instant transactions are an illusion. 

I'm really not trying to discredit NODE. I'm legitimately interested in how instant tx are supposed to be achieved in this system.
1386  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 07, 2014, 06:23:51 AM
Okay,

All pms should be sent out
Actually they should have been for many hours now.

Just a heads up. I can and will not answer all pms about what to do with the token and how much NEM one is going to get. This information has been spread wide and far and it's not at all hard to find. I mean the pm says NEM-Token and the people don't even bother to search for NEM in the forum ? Not understanding the process is one thing but being too lazy to do any research just sucks.

If anyone hasn't received his token or has problems registering you are very welcome to pm me or simply ask here or over at forum.nemcoin.com.
1387  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 06, 2014, 03:13:02 PM
I've resumed sending out tokens. About 1.4k sent so far so loads of PMs left to be sent.

Almost 140 registrations so far.
1388  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 06, 2014, 03:12:01 PM
Quote from: DjstarX on October 06, 2014, 03:02:54 PM
I am getting a ssl certificate issue on https://chain.nem.ninja/stakes, is it ok to proceed or should I wait ?

thanks


It's okay to proceed. We're using a self-signed certificate.
Just double-check the url Smiley
1389  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 06, 2014, 09:31:54 AM
Quote from: xtester on October 06, 2014, 09:19:20 AM
Quote from: nutildah on October 06, 2014, 09:12:17 AM
"People who have their stake on the NXT Asset Exchange will need to transfer all their NEMStake to a NXT ADDRESS that will be disclosed in time. "

I take it this is will be when the beta client is released?

Thanks.

Not necessarily. I think Phase 2 could start at any moment once all the tokens are sent via PM.

We need the address generator and that isn't finished yet.
1390  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 06, 2014, 07:12:10 AM
Quote from: patmast3r on October 06, 2014, 06:10:59 AM
The server went down while i was sleeping which also led to the spambot being cut off.
I'll resume sending tokens in about 8hrs and the portal is back up already.

for exposure.
1391  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 06, 2014, 07:07:11 AM
Quote from: lyka on October 06, 2014, 06:54:59 AM
I have not yet received the token.
№2505 list.
This is the problem?
I should worry about?
Are all the tokens have been sent at the speed of 120 emails per hour?

Not all are sent out yet. Just relax.
1392  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 06, 2014, 07:06:56 AM
Quote from: visaco on October 06, 2014, 07:02:15 AM
yeah i v received my token and successfully registered and deleted from BBT lol



But you did save it somewhere else right ?
1393  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 06, 2014, 06:10:59 AM
The server went down while i was sleeping which also led to the spambot being cut off.
I'll resume sending tokens in about 8hrs and the portal is back up already.
1394  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 05, 2014, 07:09:06 PM
Quote from: howi53 on October 05, 2014, 07:01:27 PM
Quote from: patmast3r on October 05, 2014, 06:33:51 PM
Quote from: Simakki on October 05, 2014, 06:32:26 PM
Havent yet received my token, i cannot wait

Yeah, the 120 pms per hour limit is a drag.

Remember - I am one of the oldest stakeholders. So please send my token before its to late.
Don't want to engrave token onto my tombstone.
This i the minimum I can expect because - Amy refused to marry me.

token will come tomorrow latest.
1395  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 05, 2014, 06:33:51 PM
Quote from: Simakki on October 05, 2014, 06:32:26 PM
Havent yet received my token, i cannot wait

Yeah, the 120 pms per hour limit is a drag.
1396  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 05, 2014, 05:57:46 PM
Quote from: wo24-7 on October 05, 2014, 05:56:23 PM
Quote from: lordoliver on October 05, 2014, 05:55:06 PM
Quote from: wo24-7 on October 05, 2014, 05:53:16 PM
How do we register 2 stakes? I entered my token on the website but when I close out of it and open it up, it says I successfully registered my token. I need to register my wife's token now. Any ideas on how to go about doing this? Thanks!

you have to post a image of her boobs here. Then it will be enabled.

Doesn't seem like that would work but if all else fails, I will try it.  Wink

Delete your cookies or try a different browser.
1397  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 05, 2014, 04:29:57 PM
Quote from: J.B.O on October 05, 2014, 04:27:07 PM
Maybe we won't be millionaires, doesn't matter, for following NEM since the beginning I have to say that I will miss the good old times when we were all wondering how NEM will be. Really exciting so far. But now redemption process started and Beta is almost here, a new cycle is on the way for NEM, and it will rock, no doubt.

Thank you Devs and Team for all your hard work and support, a lot of people seems to forget how hard it is to work on such a big project and keep the community as active as it is.

Btw, I have a question about token registration. I registered manually my token on the website and got "You have successfully registered your token!" (Yay ! Grin), but just in case, If I missed a number or a letter in it during registration, I would get something like "Invalid token" or something, right ? What if I clear my cookies and redo the operation ?

Thanks for your appreciation !

If you you would have missed a number or letter or whatever you would have gotten an error message yes. All tokens are 32 chars long so if you miss something you'll definitely notice. No need to redo it. If you did delete your cookie and redo it you'd get a message saying that that token has already been registered.
1398  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 05, 2014, 02:19:10 PM
Quote from: TwinWinNerD on October 05, 2014, 02:12:19 PM
Quote from: patmast3r on October 05, 2014, 02:09:42 PM
Quote from: TwinWinNerD on October 05, 2014, 01:56:39 PM
https://chain.nem.ninja/stakes is displayed as a unsecure site by all my browsers. Looks like this https

That's because a self-signed cert is used. You can safely ignore that.

Was just making sure that nobody will MITM me Wink

Sure - Better safe than sorry Smiley
1399  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 05, 2014, 02:09:42 PM
Quote from: TwinWinNerD on October 05, 2014, 01:56:39 PM
https://chain.nem.ninja/stakes is displayed as a unsecure site by all my browsers. Looks like this https

That's because a self-signed cert is used. You can safely ignore that.
1400  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Beta is almost here[Updates & Discussion] on: October 05, 2014, 11:39:02 AM
Quote from: hvezdasmrti on October 05, 2014, 11:21:45 AM
Question: Have you sent all private messages with tokens already or not yet? Still got no message neither email yet.

Question 2: What about deffense against possible security breach from anyone in bitcointalk.org? What if someone will try to steal some NEMs just by inside job?

Answer: No. I only started a few hours ago and the limit 120 per hour.

Answer 2: Best thing todo is register the token as soon as you get it and store it somewhere other than btt.
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