Also. Have spoken to Artos. Let's just say exciting things are happening behind the scenes.
gweisoh, I've missed you! No updates on your "inside information" for the last 6 or 7 hours! Did you get hit by a bus?
|
|
|
I can't reach Poloniex. Anyone else getting a timeout?
I'm not sure what that was. All I know is that it was not web traffic. It was either a lapse in available bandwidth, or someone testing the waters to see what it would take to do a DDoS. I'll have to sift through some logs to determine that. No subsequent issues. Looks good. How many confirms for BTC deposit do you need for my funds to be available for trading? (Please also post the answer in the FAQ section of poloniex.) Thank you.
|
|
|
I can't reach Poloniex. Anyone else getting a timeout?
|
|
|
Thanks, if you want to post here, or by PM. We will be creating a new thread for the reboot and it would be good to have a distribution list for announcements to those who have invested, as well as anyone else who is interested.
Also, just ignore the people who are posting comments rubbing it in about being scammed. I've checked their posting histories. They typically have agendas to discredit the pre-sale ('IPO') model.
I am not a developer, but would be interested in investing in the reboot version of this concept. Please put me on the notification list for when you create a new thread. Also, I am not too familiar with the concept, but XCP seems to have had a fair and successful launch with proof-of-burn. You might want to take a look.
|
|
|
Can someone explain (or point me to a page that explains for the non-programmers) what trustless mixing is? My understanding of the mixing services of Fedora is that it is not trustless, i.e., people who run nodes that do the mixing can potentially have access to the transaction trails of any incoming-outgoing coins. They are, therefore, a location of potential compromise. How can we know that only "the good guys" will be hosting mixing nodes?
The mixing services that Zerocoin and others have been working on do not have such a point of access. Even those running mixing nodes would not be able to trace transactions.
I do not know whether artos's proposed mixing service is trustless or not.
Can someone with more knowledge please respond to these hypotheses?
|
|
|
and now we go sell some be prepared I warned you all.
I hate liars!
Which exchange are you going to put your whale dump on? I want to get my bitcoins there now.
|
|
|
Last I looked, NXT returned an 1800x profit to its investors. I'd be happy with a "measly" 180x return from Ethereum =)
I will agree for 180x loss if this makes the world better. Don't laugh at me, I'm a communist, not a capitalist like most of u.One of the most interesting things you've written, CfB. I like NXT even more, now.
|
|
|
Ripple is centralized.
No it's not. Their network is decentralized. Sure they have pre-mine, but so do we. Because Ripple’s exchange is distributed as opposed to centralized, the whole concept of co-location becomes fundamentally different. There is simply no central location near which you would co-locate for a speed advantage. Ripple exists on servers around the world, and anyone can easily spin up their own copy of a Ripple server for free. (The code is open source.)
https://ripple.com/blog/ripples-distributed-exchange-and-the-high-frequency-trading-arms-race/Emphasized important differences. This is helpful in the distinction between decentralized and distributed: http://ripplescam.org/
|
|
|
LevelCoin will investors of the current fundraiser receive a higher level coin:btc ratio than the kickstarter funders? Is there any incentive to not wait for the kickstarter?
I have been talking to current founders and it seems the unanimous decision is that they want higher rewards, I am considering giving early backers 1.5X the amount of Levelcoin.
As for the Facebook issue, I've sent messages to certain members on here. They know why I can't post publicly. It is too easy to take a screenshot and post it here. This is strange. If they are already founders, i.e., they have already sent in money, then you have no incentive to reward them additionally. This appears to be an attempt to appeal to potential founders. Why would you do this? You could get all the funding you need - just look at all the posts from people who would love to be a part of this, including me - if you just front up with some code or a whitepaper or proof of your identity.
|
|
|
This thread reminds me of my family reunion. Lots of drunk uncles here.
|
|
|
"Hey, why is everybody talking about Quark?"
"Oh, because everyone else is talking about Quark."
|
|
|
...we need a simple easy to understand answer that doesn't allow for it to be twisted into the NXT opponents mantra of "greedy founders".
James
Here are a couple different appeals, not all of them congruent. Appeal to potential investor greed: The tone of the appeal needs to more more forward looking than backward looking, more focused on the possibilities to be enjoyed by investing now, rather than justifying BCNext's decisions. This appeal targets speculators. "If you believe that NXT offers the possibility of significant value appreciation, then it might make sense for you buy a stake." People who buy shares of Bekrshire Hathaway do so because they believe that its value will increase from this point forward more than other things they might invest in. But I don't think they spend a lot of time condemning Warren Buffet or any of the early adopters for having made enormous gains already. Appeal to development integrity: This appeal targets long-term investors. BCNext closed the funding period because he accumulated exactly the amount of startup funding that was necessary for the project. Taking on more funding would have, in his view, corrupted [this might not be the best word] the development process. The goal was always, and continues to be, developing the best cyptographic architecture. It is common these days for corporations to reward stockholders at the expense of sound product development principles. BCNext is old fashioned in that he always places the integrity of the product above the financial rewards of his investors. But, as we all know, if the product is excellent, the money will find it. Do any of these appeals help us think about the audience we might be writing to, and the way we want to position the NXT product/process?
|
|
|
I received this response from David Elsinger at EFSA when I emailed him about this offering. Level Coin, would you please settle the ID issue by doing the Facebook post. It's not me!
David
Sent from my iPad
Thank you td services for taking the initiative to clear this up. Not looking good for OP right now. Too bad about the OP. The idea, however, is quite interesting and still alive. Certainly someone else can implement the logic and code to make such a two-level currency work. I would love to invest in such a project if it were backed by a real person and a whitepaper with a few pieces of evidentiary code. Has anyone seen this idea mentioned in other threads or forums?
|
|
|
How much do you think you need to get this project started, and how much do you have pledged at the moment?
|
|
|
Any reason for today's price jump? I mean, there's always a reason. But does anyone know what it is?
|
|
|
I didn't know you were so instrumental in identifying EpicThomas. And so I didn't thank you, but I am doing it now. I really appreciate the way that you have contributed such a crucial piece to this investigation.
these people actually helped with investigation that lead to the identification: First identified Nxt hackerRobbed announcements:PaulyC 01-01-2014, 14:03:40 https://bitcointalk.org/index.php?topic=345619.msg4253372#msg4253372sparta_cuss 01-01-2014, 17:05:58 https://bitcointalk.org/index.php?topic=345619.msg4255475#msg4255475newcn 01:40:33 AM (CET) https://bitcointalk.org/index.php?topic=345619.msg4262475#msg4262475plasticAiredale on Today at 13:31:39 https://bitcointalk.org/index.php?topic=345619.msg4269412#msg4269412Hacker was still posting to the Nxt topic:Good points:Come-from-Beyond on 01-01-2014, 20:43:09 - Someone cracked SHA256 and Curve25519 (why then multi-million accounts not hacked?) - Someone distributes modified NRS (someone should decompile PaulyC's software) - Keylogger - He used online node that records entered passphrases Patel: 01-01-2014, 20:48:22 Another possibility is that the global mod that went rogue from the nxtforum, he could have changed the download link to a infected copy of NRS and people who used that link from the forum were using a compromised version BloodyRookie: 01-01-2014, 21:04:11 He should calculate the SHA256 Hash of the class files, no need to decompile. opticalcarrier: 01-01-2014, 21:15:36 its unforunate that one of the links there is a mega.co server. paulyc please tell us if you downloaded from the mega.co link or not. in fact, can you please look on your HD and get the zipfile and post it somewhere for us to look at. Finale:PaulyC Today at 01:43:01 Has anyone else noticed the 4.8 download zip from nextcoin.org vs. the one from this exact link Nxt 0.4.8 - https://mega.co.nz/#!yV5A1BTR!oi33K7WovgccuEHvP05nzggTnxrkZHJbwFmv5tGeXNI Are 5 Kb in difference? is that anything to be concerned about? S3MKi Today at 01:55:38 Where did you download your client 0.4.8? utopianfuture Today at 02:04:18 Looks like you downloaded a bogus client. newcn found the hack:newcn Today at 02:21:33 the 0.4.8 client I used, I forgot where I downloaded it, but from chrome history, the link was http://162.243.246.223/n... Salsacz found the hacker's Bitcointalk account:Salsacz, 02:38:10 AM (CET) https://bitcointalk.org/index.php?topic=345619.msg4263111#msg4263111LiQio found a proof in googlecache:LiQio Today at 14:16:48 + then I pointed out other posts where could be modified links --- I am glad so we could find the wrong client and now we exactly know how it happened and how many people got robbed: https://bitcointalk.org/index.php?topic=345619.msg4271189#msg4271189- We can still check some other blocks during the time of the hacks, but it looks like we can relax now Holy Jeebus, that's a lot of help! What a community! Now if we can just get Graviton and Bter to get an id... Probably illegal without a warrant, but I won't tell.
|
|
|
LOL! LOL! LOL! I guess I am doing my own brand of advertising for NXT! We all contribute what we can. and still you haven't caught 1 thief or thief's Bitcointalk account or didn't find any new theft except of those who were found by others All true. Well, I do know that EpicThomas did indeed put out a poisoned client, and I do indeed know who he is in the real world... Maybe we all had to just go away for a while to let the heist go to this next step... But I told you about EpicThomas That is true, Salsacz, I first heard about EpicThomas from you. Thank you, plasticAiredale, for noticing this this transfer. I had given up on it. And thanks again, RickyJames, for tracking the transfers and contacting the exchange owners. salsacz, I am sorry, but I didn't know you were so instrumental in identifying EpicThomas. And so I didn't thank you, but I am doing it now. I really appreciate the way that you have contributed such a crucial piece to this investigation.
|
|
|
Also, by encouraging Nxt holders to exchange their shares for NEX, we are acting as a catalyst for Nxt holders to make the switch.
I think this is a tactical mistake. If you get people to sell you their NXT, which you then sell for BTC, this will put downward pressure on the NXT price, which will disincentivize development of NXT, i.e., development of NEX. If you want NEX to succeed, you should do everything you can to be sure that your development team (aka, the NXT development team) keeps working hard.
|
|
|
I'm in on un Fairness.
Can my dog get some FRX, too?
|
|
|
|