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2421  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 13, 2014, 01:20:01 PM
Jesus, can´t this emule scum be banned from this thread.  It so digusting. Every second post is a spam from this jerk.

You get used to it  Grin Grin Grin Grin

He only has the power you give him, he has been shown impotent in every other way
2422  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 12, 2014, 08:12:35 PM
One guy read about Transparent Forging and working on Delegated PoS now.
Two guys read about Parallel Chains and working on Sidechains (Blockchain 2.0) now.
What will be next? I skimmed over the list of features planned by BCNext (Emule, want it Smiley?). Am almost sure that Fact Digitization - a feature vital for advanced DACs - will be the 3rd feature "borrowed" by others.

[Reserved for Told Ya So]

Are you talking about external guys working on clones? Or guys working to add features to nxt?
2423  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 12, 2014, 08:06:30 PM
Yeah I had some massive (for me) funds on there due to NAS selling. Looks like there was a major breach Sad

someone dumped >300 BTC in overpriced NAS orders, looks like the guy was able to create BTC out of thin air...

 Roll Eyes

told ya all my team found a serious security flaw, more to come this time with nxt not nas

I'm glad you decided to come back   Grin Grin Grin Grin
2424  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 10:41:45 PM
if your passphrase doesnt generate that public key but does generate that account# then it is a fact that there was a 64bit collision.  and this would be the first publicly known instance.  quite a big deal.  Ill donate 500 NXT to your new account if this is the case.  maybe others will donate as well.

Count me in! In case of a 64 bit collision, I will donate 500 NXT too.

I'll do the same, 500 NXT.

And how long has Elmo been doing night shifts for?  Cheesy
2425  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 10:34:34 PM
ATM Roundup:

From Lamassu:

"Hello John,

Thanks for reaching out to use regarding our Bitcoin Machine!

I appreciate your suggestion - Nxt is one of the new crypto-currencies I still have to check out.

As you may know, alt-coins are not currently supported by our machine, but we are about to release an open source version of our admin software. Once released, any developer will be able to create apps for it, including those that integrate alt-coins.
If you're interested in following our progress, here's a link to our Github project page: https://github.com/lamassu/

Our plan is to make our machine a portal for many types of crypto-currency and Bitcoin-related projects. What kind of things do you envision?

Regards,"

===

From BitXATM

"Hello John,

Our CEO will be in touch with you after we will analyze this, hope we will
have an good business relationship.

If you have any information you like to share with as, just reply to this email.

Best Regards,"

===

From Bitcoin42 ATM

"Hi,

Thanks for your suggestion. Its bookmarked and noted. Right now we have other priority, but my first look at your landing page looks interesting.
I would like to discuss things further with you to a later moment. Please write me in a couple of weeks again.

Best,
Alec"

===

Good to see the cointropolis name in this thread again Smiley
2426  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 05:30:17 PM
Yes you're right, the hack was a month ago but I didn't notice it because I haven't logged into my account for a long time. I really don't know how the hell they were able to crack my pw...as you stated out, even bruteforcing it would be nearly impossible. Another thing I checked is if someone could have been on my computer...but it's locked in my apartement and only my girlfriend (really not a tech person at all!) could have used it...well she didn't...after all it's her money too  Wink I never used the NRS on a 'public' computer and downloaded it from the link in this thread. I would love to tell you the original password, but i use it to encrypt my BTC wallet too. It's a similar random combination just like 1Nm4azDöl68gRpqy29gEüXXnjk@b_)38dzkb?q
I guess, I was just reall really damn unlucky...

Please post your password so we can check if your password was hacked or you were hacked because you did not have outgoing transaction.

Your account is only protected with 64 bits (around same strength as 11 char password) if you do not have one outgoing transaction.

Wouldn't it be a good idea to re-encrypt your BTC wallet, now your password is compromised? Then you are free to post it here.
2427  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 05:28:29 PM

It is a private donation you fudster

that 300k donation was ment for the whole community and all helpers, not only for ballsac.

you did get a piece of the pie? you deffend him.


Bumped on behalf of the great RickyJames, for the benefit of those who weren't reading the last time Emule went on this particular FUD cycle... (is this the 4-5 time?) Emule has a bad memory and more persistence than most have time for  Grin Grin Grin Grin


Gotta de-lurk on this one.  Salsacz has received donations totaling over 1M from original NXT stakeholders, primarily neer.g and Come-from-Beyond.  This was to be used for initial NXT marketing efforts, including salary to Salsa for his efforts in this regard.  Salsa maintains a spreadsheet documenting his spending of these funds at https://docs.google.com/spreadsheet/ccc?key=0AgAGADgnQcrtdHRrV3V3Z1lzOXVEMWtqdElUaEtqV1E#gid=15 .  Now that there is an elected marketing committee (which includes Salsa), there is also a second and larger block of marketing funds documented at https://docs.google.com/spreadsheet/ccc?key=0AoE8nAOEMIa7dFFnWjRNYTM4RkhsN3dRRXFBaTBiaHc#gid=14 .


Have a great day folks   Cheesy Grin Grin


no not correct.

before the first deposit of Come from beyond and neer g, there was a 100k donation to all helpers from buybitcoin, the 100K sudenly disapeared to ballsacks account.

also nobody from the community has told ballsack could pay himself 40k each month, there was no vote and there was no aproval for that from neer g.

nobody aproved. come from beyond made a joke by saying he wonder if ballsack was paying himself, that thief took it serious and decided to pay himself 40k each month from the fund. all this on the back of the hard workers like uniqourn, utopianfuture, etc

there is never mentioned or voted to give ballsack a royal 40K a month, that money could be spent in much efficient way, the only thing he does for that 40K is publishing the same shit over and over again to magazines and sites nobody visits, his stupid nxt mythics full of lies.

Can you provide any sources this time? Then everyone would have to believe you.
2428  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 05:05:05 PM
I corrected my post  Grin

I thought it was marked as complete in github/bitbucket.
2429  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 04:42:49 PM
CfB has completed the code for phasing of transactions, it is waiting to be merged into the main code.
I stand corrected   Cheesy

Part of this will be Account Control where you will be able to, among other things, lock your account for outgoing transactions. Or limit outgoing transactions to specific accounts. I don't have the full details.
2430  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 04:26:42 PM
I just lost 4895 NXT due to a hack of my account 5567681145144036875...My NXT were transformed to 559517716197875196

I know there is no way to get the coins back, but I wanted to let you all know and stress out USE PASSWORDS WITH AT LEAST 100+ chars!!! My password was 34 chars/random combination...no keylogger on my pc, NRS (0.7.5) from the official source...I guess I just have been very unlucky...


https://nextcoin.org/index.php/topic,4611.0.html

Do you remember which nxt website you downloaded the client from?

And can you post your passphrase, now that it is no good to you?

Cheers
2431  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 04:12:34 PM
Can you post your passphrase? The devs will be interested.

And it happened a month ago?
2432  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 10:58:33 AM
My last post for a while as I am aware I am spamming this thread.....  Embarrassed

(you did want to know about development, right?  Grin  )


jl777 has a plan for fiat inside Nxt without the need and expense of dealing with all the regulations (i.e. let someone else deal with that  Grin)  >>> https://nxtforum.org/general-discussion/nxt-asset-exchange-lt-gt-ripple-bridge-idea/msg7517/


So, I'm looking into what would be required to allow bridging certain assets (such as CAD, USD, BTC, XAU, and maybe some others) between Ripple gateways and the Nxt Asset Exchange in a more general way.  Some questions:

  • The wiki says it costs 1000 Nxt to issue an asset?  I guess this is intended for bulk-issues, then.  If my bridge is facilitating moving assets back and forth, that seems like it could be expensive to bridge users.  Maybe I should just issue a large amount and then just have the bridge sent out of that pool?
  • I can allow users to associate a Nxt address with the bridge and then include that info in their transactions so that sending a Ripple payment to the bridge's address will automatically send the asset of that type to their Nxt address.  If I wanted something like the reverse of this do I need to have one Nxt address per user that associates a Ripple address (like with BTC), or can I include this extra metadata in the Nxt payment itself somehow?
Hello again!
I am doing the multigateway for crypto assets, and my plan was to use ripple for fiat assets.
I was planning on implementing ripple bridges, but if you are working on it, then I wont have to.

On redemption of assets, I asked for and got a comment field added, so it will be perfect to encode the destination ripple address when a user does a redemption by transferring the asset back.

If the 1000NXT cost is a problem, I can cover the cost for you so you dont have to worry about that.

If you have any other questions, just ask.
https://github.com/jl777/NXTprotocol has a bunch of code that might help you with implementation questions

James


N.B.

****
Transaction Fees (truncated)
 
The fees are currently set atː

Issue an Asset on the AEː 1000 NXT

1000 NXT to issue an Asset is designed to limit Squatting of asset names when the the Asset Exchange is launched on the MainNet. A technical fix is being discussed so this fee may drop shortly before the Asset Exchange is launched or, if not, shortly after once the likelihood of squatting has diminished.
 
Future changes to the Transaction Fee are planned and the Fee will be based on the the size of the transaction. This make the fee directly proportional to the space it will occupy on the Blockchain. This will also solve the problem of preventing Spamming of the Blockchain.
 
****
Source: The Nxt Glossary >>> https://wiki.nxtcrypto.org/wiki/Glossary


2433  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 09:39:32 AM


I want to see a matrix...basically get me a list of all comparisons side by side..and I will deliver a beautiful matrix that people will see and immediately understand  5- 1 week del time

starting point:  http://www.ofnumbers.com/2014/03/04/chapter-9-conclusions/


That is where I saw that link   Cheesy

Sepehr* with Nexern's bounty are on this, right?



*(sorry, I think I spelled your name wrong again  Embarrassed)
2434  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 09:28:17 AM
Our (currently) most prominent Service Provider* developer jl777 has his published his own road map for his projects >>> https://nxtforum.org/multigateway-(third-party)/roadmap/

*(i.e. not part of the Nxt core)

jl777 also has a github somewhere too, 10,000 lines of code to produce so far on the following projects. Go go go!!

****
Roadmap - Just a placeholder till I get time to write one

April 09, 2014, 02:29:25 pm

-------------------------------------------------------------------------------

Just a placeholder till I get time to write a better one. The order listed probably wont match actual chronology, but I will adjust as things change.

1. multigateway beta release
2. nodecoin beta release
3. multigateway bug fixes
4. secret project internal release
5. NXTmixer proof of concept
6. multigateway release candidate
7. secret project beta release
8. nodecoin destroys everything
9. eat a pizza

James

****


If you just bookmark these two threads, you will be able to keep up with most broadbrush technical developments in the world of Nxt   Grin Grin Grin
2435  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 09:20:06 AM
I think it was missed on this thread but there is a Development Roadmap published by Jean-Luc on nxtforum.org  >>>  https://nxtforum.org/news-and-announcements/development-roadmap/

In short, many features are written and are being integrated into the main code as we speak ready for testing (there is also a github somewhere to prove it). If we want stuff quicker then we need to find more Java developers to spread the work around Grin Grin Grin

5* for Jl, Come-from-Beyond and the rest for the work so far.

****
Development roadmap

 April 09, 2014, 02:01:43 pm

--------------------------------------------------------------------------------

I am now working on integrating into the develop branch the changes from
feature/tf branch that CfB was working on. Those include Digital Goods Store,
Effective Balance Leasing, Transparent Forging changes (getNextBlockGenerators),
Phased transactions (not sure if this got completed). They will be enabled only
on test net initially, but I need to merge the code, convert all amount handling
logic to NQT, do some review and refactoring, fix obvious bugs if any.

I also need to integrate the canonical signatures and AES encrypt patches from
Dr Evil, and switch the encryption in DGS to use AES.

In the meantime, Wesley and other client devs should make the transition to NQT
so that their clients work with the 0.9 branch.

The remaining issue in AE:
https://bitbucket.org/JeanLucPicard/nxt/issue/79/buy-order-and-sell-order-matching-does-not
needs to be resolved, and this is a good warm-up task for a new developer, while
I am busy with the above work.

After bugs in fractional NXT transactions are found and fixed, we need to try on
test net the NQT_BLOCK transition without a blockchain reset. This means, first
we do another reset by setting NQT_BLOCK in the future, so that blocks with
fractional transactions on test net get deleted and again everything is only in
whole NXT. Until NQT_BLOCK, 0.9 nodes internally use NQT, but transactions are
still signed in the old format, with integer amounts. When NQT_BLOCK is reached,
transactions after that block will be signed and verified in the new format
(amounts as longs). Around the time of the transition, transactions that were
created before NQT_BLOCK but didn't get a chance to be included in the last
non-NQT block, will end up eventually being rejected. Similarly, if a fork
reached NQT_BLOCK height sooner, and its nodes started signing transactions in
the new format sooner than the real chain, those new transactions may either get
rejected, or popped off and included in new blocks after NQT, depending on their
timestamp and deadline. So overall this is a tricky transition and we need to
rehearse it first on testnet.

Only after such test is successful, and we have switched to NQT on main net, with
all clients supporting NQT and AE, we can consider launching AE.

I need to work on moving all derived objects - Accounts, Assets, etc, to the
database. I will start on that immediately after finishing the merge of the
feature/tf branch. The launch of AE does not strictly need to wait for this to
be completed, but while everything is still kept in memory we don't have a
scalable system and if AE is unexpectedly successful we will not be prepared
to handle the sudden increase in assets, orders, trades and so on. Moving those
to the database will in turn create different performance issues that need to be
found and fixed.

There are several projects that can be taken by new developers in parallel with
the above:

The Voting System needs to be tested and put in production, and will need an API
to get some statistics about voting with various restrictions - such as, only
count NXT that did not move in the last n blocks, or that did not move after the
poll was created, or do not count accounts that were created after the poll, and
so on. Having a working Voting System is important so we can agree on changes to
the minimum fee and asset issuance fee.

Alias transfer, or maybe trading, or expiration, need to be implemented. This is
again a standalone area and I don't have the time to focus on it soon.

The performance of getNextBlockGenerators, needed for TF, has to be significantly
improved. I have some ideas about it, and will see what I can do while integrating
the feature/tf branch, but finishing it may be left for a new developer. Related
to that, the implementation of UDP server and accepting transactions over UDP for
faster and DDOS-resistant processing, is again a completely standalone project
that somebody needs to take.

Features like parallel chains, blockchain shrinkage, persisting or not of some
transactions during shrinkage, will be looked at after the above work is done.
------------------------------------------

N.B.

****

NQT
See nxtQuant.

nxtQuant
This is the name given to 0.00000001 NXT (or 10^-8 in mathematical shorthand) in the Nxt code and abbreviated to NQT. nxtQuants are equivalent to satoshis in Bitcoin and allows NXTs to be highly divisible, making them tradable with coins that have values many decimal places higher or lower than Nxt. nxtQuant is currently a temporary name.

****
Source:  The Nxt Glossary  >>>  https://wiki.nxtcrypto.org/wiki/Glossary
2436  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 07:57:15 AM

It is a private donation you fudster

that 300k donation was ment for the whole community and all helpers, not only for ballsac.

you did get a piece of the pie? you deffend him.


Bumped on behalf of the great RickyJames, for the benefit of those who weren't reading the last time Emule went on this particular FUD cycle... (is this the 4-5 time?) Emule has a bad memory and more persistence than most have time for  Grin Grin Grin Grin


Gotta de-lurk on this one.  Salsacz has received donations totaling over 1M from original NXT stakeholders, primarily neer.g and Come-from-Beyond.  This was to be used for initial NXT marketing efforts, including salary to Salsa for his efforts in this regard.  Salsa maintains a spreadsheet documenting his spending of these funds at https://docs.google.com/spreadsheet/ccc?key=0AgAGADgnQcrtdHRrV3V3Z1lzOXVEMWtqdElUaEtqV1E#gid=15 .  Now that there is an elected marketing committee (which includes Salsa), there is also a second and larger block of marketing funds documented at https://docs.google.com/spreadsheet/ccc?key=0AoE8nAOEMIa7dFFnWjRNYTM4RkhsN3dRRXFBaTBiaHc#gid=14 .


Have a great day folks   Cheesy Grin Grin
2437  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 07:49:42 AM

and price continue its way down the drain

i just wonder when the first big founder(other than me) will break and sell of all... will be interesting to follow

would be disaster, but hey nxt was build for disaster. only question of when.......


You're wrong. As I have said before Nxt will soon be worth 4 kabajillion dollars. Or maybe somewhere in between  Cheesy


And what is The Amazing Elmo's price target for today? If you guess often enough, you're bound to get it right eventually. Don't give up hope, even a stopped clock is right twice a day.


 Grin Grin


(I think he has me on ignore, he never replies to me  Cry )
2438  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 07:30:23 AM
why not you think my statement is fact ?
i just to tell the reason and result.
NXT is being dead ,boc of failure distribution,failure marketing,bumptious, talking balabala without result. Grin

Hm, where were you when price was going up?

Oh that's right, you and elmo only come out when price goes down (btw, have you looked the coinmarketcap? All coins are going down).

Still, I find it funny that you try so hard, you must be paid to do this, right?
of cos i got paid 40K/mon like marketing members.  Grin

It is a private donation you fudster
yes,me too. Grin

to earn a donation you need to have a positive IQ.

Sorry man! You must be "THIS" tall , to think.
not absolutely, like some paid members. Grin

If I use a smiley behind EVERY message, will this make me look cooler? Cheesy


Definitely.  Cheesy Cheesy Cheesy
2439  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 11, 2014, 07:26:15 AM
Coinmarketcap uses more than one source to calculate medium price, and one would also have to take into account the price refresh rate.
Right now, Bter NXT/BTC is holding just a bit less than half the vol, with DGEX coming second with one third of vol.

10. Nxt (0.15 %)
Source   Pair         Volume (24h)         Price         Volume (%)
BTER           NXT/BTC    $ 40,610   $ 0.020662      43.41 %
DGEX           NXT/BTC    $ 28,570   $ 0.020492            30.54 %
BTER           NXT/CNY    $ 13,893   $ 0.022086            14.85 %
Cryptsy   NXT/BTC    $ 10,175   $ 0.020666            10.88 %
Poloniex   NXT/BTC    $ 123           $ 0.021246      0.13 %
Vircurex   NXT/BTC    $ 121           $ 0.024285             0.13 %
NXT-E   NXT/BTC    $ 60           $ 0.019697              0.06 %

Total/Avg   $ 93,553   $ 0.020827   

  it's not coinmarketcap punishing us, its the markets Grin

Hmmm, I still don't see how if Bter has 44% the volume and reports a 10% loss that the cumulative loss for all of the above is 17%  Huh

Crypsty adds another 11% volume at a higher price than Bter, so 55% of the volume says ~10% fall but still coinmarketcap reports -17%?

I don't see how this can work without getting hit twice by the Nxt/BTC exchange and then getting hit again when converting bter/usd for the frontpage of coinmarketcap. As we know, there is no direct link Nxt/USD.

What am I missing ??  Grin Grin Grin
2440  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: April 10, 2014, 09:12:40 PM
Well basically:

Look at the crypto world like a big investment world. Because all those coins are very much linked to each other (mainly because most coins are traded Crypto/Crypto) they will swing in a similar matter. So basically if most of the coins decrease in price, than the other coins will most likely follow. I am not only talking about the absolute fiat value but also BTC exchange rate.

This risk is called systematic / systemic risk and it is NOT possible to diversify against that risk. It is just there, nothing you can do about it!

To calculate this risk, you have to look at an index. The index in the crypto world is a portfolio where each coin has a stake depending on its market capitalization. And because BTC has over 90% (roundbout that) of all the market capitalization, you can savely take BTC as the INDEX.

Now the index has per definition a Beta value of 1, meaning that each other coin that has also a beta of 1 will swing very similar to this index  (BTC). The thing with smaller coins is: they don't have a beta of 1, they are more risky. Higher volatility, but also higher "expected" value.

Let's say a coin like litecoin is a tad swingier than BTC and has a beta of 2. This means that if the market moves down (BTC) the litecoin price will drop EVEN MORE! But on the otherhand , if BTC (index) moves up, Litecoin will rise even more . This is all on average, just because it is expected each time, doesn't mean it happens at each swing.

Litecoin with a Beta of 2 is a comparatively solid coin (taking about price swings) , other coins will have an even higher Beta and higher volatility.

In conclusion, just because NXT drops significantly in value, doens't mean NXT or the marketing failed, it is just expected and predicted.



Do you think we get punished on coinmarketcap too as the opening page reports in dollars and that is what people see?

Bter says we have lost 10% in the last 24hours (Nxt/BTC). coinmarketcap says 17%. Are we taking a hit from two exchange rate pairs going from Nxt > BTC > USD, both of which have done badly today? Or has Nxt lost 17% on an exchange somewhere and that is what is being reported.
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