ahh ok good, you are at least thinking in this direction, I don't think validation from geeks/influencers is necessary to get the businesses moving, business at least most that I know off are driven purely by profits. If you look at counterparty, there are already businesses lining up to issue shares using the protocol and counterparty is not very popular with crypto enthusiast at the moment due to the data storage issue Any further info on these? |
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It is based around the 90% forger getting penalised if he doesn't forge a block in turn. This is detected by the remaining 10% and the 90% has forging power reduced to 0. The 10% then effectively go to 100% of forgers and the dance continues.
This implies that even if the adversry skips forging only 11.1% of his blocks, he penalised so much, that his mining power reduces at least 9 times. Edit: My last sentence is wrong. Having 90% of the coins, the adversary does not need to skip forging even a single block. Just orphan all their blocks, that's it. You sound like a perfect candidate for the Transparent Forging tech subforum  I'll try and get someone from the active discussions to come over and answer your questions... Edit: Request made here > https://nxtforum.org/transparent-forging-*/rigging-the-forging-lottery/msg7410/#msg7410 |
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It is based around the 90% forger getting penalised if he doesn't forge a block in turn. This is detected by the remaining 10% and the 90% has forging power reduced to 0. The 10% then effectively go to 100% of forgers and the dance continues.
This implies that even if the adversry skips forging 11.1% of his blocks, he penalised so much, that his mining power reduces at least 9 times. The penalty is planned to last for only 1440 blocks (which will be 24 hours once fully implemented) then forging power returns. If the 90% miss the block the next time it is their turn, the same thing happens. The penalty isn't permanent or cumulative. I don't want to get into a detailed discussion as I am not the right person to answer as I will put my foot in my mouth and CIYAM or CfB will come and give me a rap on the knuckles for it (probably smaragda actually, and it will be a kick in the teeth  he can have a temper  ) The link above is your best bet N.B. it is nice to have someone with genuine interest and concern that are interested in discussion and not getting hysterical |
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Imagine someone is going to do a "51%" attack against Nxt and he owns 90% of all coins. The adversary must stop generating blocks for legit branch coz he won't be able to compete against 100% mining power with his 90%.
The adversary only needs to compete against 100% - (his)90% = 10% mining power => the adversary does not need to stop generating blocks for the legit branch. How this could be published on the official NXT website? It is taken from the discussion on transparent forging here >>>> https://bitcointalk.org/index.php?topic=364218.0It is based around the 90% forger getting penalised if he doesn't forge a block in turn. This is detected by the remaining 10% and the 90% has forging power reduced to 0. The 10% then effectively go to 100% of forgers and the dance continues. Come-from-beyond is the one to ask if your current train of thought has not already been covered in that thread Or better still, post in the Transparent Forging technical subforum at https://nxtforum.org/transparent-forging-*/ for a pool of people to get eyes on it. |
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Who are the tech/dev people on nextcoin.org?
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Is this thread no longer used? Even the bitcointalk is not used forever? Look up the dates and number of the recent posts on here and nxtforum for users: Come-from-beyond, jean-luc, Ciyam + 2 devs on his team, jl777, wesleyh, anon136, mtchcl, msin... all the techie people (apologies if I missed anyone)  And I am confident is will show that now probably <5% of tech discussion is here. Come and join us |
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smart money sells and buys back at 0.00003 than sell again at 0.00004 never to look back cos it will crash after that
I had a strong de ja vu just now If you keep saying it, it might come true one day. |
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My profit is $1,000,001 How come you never spa with me Emule?  We can make some lies up about me together that we can spread around if you want? |
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Throws up more questions than answers Most based around the theme, "where are the links to the sources he refers to"? |
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While we all wait for Emule's next post, why not place your bets as to what the secret project jl777 and welsey are up to is... The thread is >>>> https://nxtforum.org/multigateway-(third-party)/secret-project/60/From jl777 **** I am about to go offline for a while. Before I go, I wanted to post the team that has been assembled for this project: Devs: myself + Wesley Technical Advisor: Come-from-Beyond Business Advisor: AdamLevine Marketing: NXTminnow, joefox China: allwelder servers: fanaticalfishing funding: aldrin acct# 4383817337783094122 I want to get the proof of concept's test results before I announce specific details. However, clever peoples should be able to figure out what this project is about. Enough bread crumbs. James **** An impressive line up, I can't wait Ok, back to you Emule. Take it away |
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ive got 1billion nxt spread across 25k+ accounts  mathematically not possible as i have 45M from 1B well no buying ineterest, shall have to dump on bter than. Classic. Pure, vintage Emule Have a good day all, I'll catch up with the lols later |
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as i have my heart on the right place i have still 5M for sale outside of the markets (dont want to kill nxt and give people time to get out)
minimun 1M batches, PM your offers.
Account number? Otherwise I have 6 million in my account i have still 45,000,000 on different accounts I have 45,000,001 |
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as i have my heart on the right place i have still 5M for sale outside of the markets (dont want to kill nxt and give people time to get out)
minimun 1M batches, PM your offers.
Account number? Otherwise I have 6 million in my account |
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when is the asset exchange and what will the price be of nxt after this? any predictions?
There is no date set upto now! I beleive we will see a major bump in price, when the first company launches on our AE and there is some major news coverage on this! 0.00011 BTC i bet! I've gone on record twice already with a NXT market cap prediction of 4 kabajillion dollars. Not long to wait now All cryptos getting pummelled today... 'the war' rages on. Though nobody told Isracoin |
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Dev said he fixed it.
Good, then only TF left. Want some free coins to play around a bit? schould i buy NAS in stead of nxt? I going to have to edit the glossary....  You can't fulfil predictions you have full control over |
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**** EmuleHe/She announced at the end of March 2014, along with customary tidings of forthcoming doom, that he/she would not post in the Nxt Megathread again. Apart from one or two additional posts very soon after, this is one prediction of Emule's that has come true.
**** Source: Nxt Glossary >>>> https://wiki.nxtcrypto.org/wiki/Glossary ^^^^^^^^ Now https! ^^^^^^^^^ I know what happened, it was the day Elmo finally reached his breaking point.  |
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Take a bow and your place in history.... I've capped it off with the final chapter of our lovable rascal **** EmuleEmule is a Nxt user who is, and always has been, extremely pessimistic about the future of Nxt. He/She can often be seen predicting a large fall in the price of NXT, which predictably do not occur when He/She claims they will. When the NXT price invariably falls, Emule will claim it was due to his/her selling action. On many, many occasions (25+ by some estimates) it has been shown that Emule's predictions don't come true and many have pointed out the poor logic behind telling people you are about to sell a large amount before you actually do (you could get better prices if you kept quiet). But Emule remains a tenacious member of the Nxt community. Emule is adamant that he/she is an original Founder who has millions of NXTs to Dump. Or sometimes that they are just a trader out to make a killing. All evidence so far suggests they are just a FUDster but only time will tell. Despite his/her stance and sometimes unbecoming behaviour (i.e. making assertions about the sexual orientation of other users mothers), he has become a loveable rogue and pantomime villain of the Nxt Megathread, even earning the nickname Elmo and often receiving tickle behind the ears when he makes an appearance. He/She announced at the end of March 2014, along with customary tidings of forthcoming doom, that he/she would not post in the Nxt Megathread again. Apart from one or two additional posts very soon after, this is one prediction of Emule's that has come true.
**** Source: Nxt Glossary >>>> https://wiki.nxtcrypto.org/wiki/Glossary ^^^^^^^^ Now https! ^^^^^^^^^ |
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Was it Sephr doing the comparison of Nxt to other cryptos for Nexerns bounty? This could save some time. http://www.ofnumbers.com/2014/03/04/chapter-9-conclusions/There are some tables in the link above showing some basic info on many cryptos and a comparison of some functions. Don't forget to reference your sources (though thinking about it now, the web address seems familiar... it may have been flagged up already but what the hell ) |
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