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3281  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 30, 2014, 03:44:16 PM
Does anybody have info about the Chinese government ban? If this ban is truth and it happens how will this affect BTER and NXT in there? Any danger we can lose all our NXT in BTER if we have them?

Unfortunately the way things work in China is that *no-one really knows* (apart from those actually *in power*).

If you are at all worried then I would advise moving coins *offline* until after mid-April - it's very hard to say what will happen then but the "Chinese New Year" *deadline* did not see anything stop at all.
3282  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin -What is the difference between Ethereum & NXT? on: March 29, 2014, 03:30:06 PM
Thanks bro.  I wanted to get some feedback from everyone.  My goal is to speak at the Las Vegas conference in Oct so I'll probably see Vitalik again.

Let me just say that "Turing complete" is *just that*.

Nxt AT will be "Turing complete" so *anything that Ethereum can do* will also be able to be done using Nxt AT (subject to API restrictions which you could think of as *sandboxing*).

Where Ethereum has *got things wrong* is that they are going to make *every tx Turing complete* which is *costly*.

Nxt is actually *smarter* to leave *normal txs* just being done as quickly as possible.
3283  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 29, 2014, 11:08:13 AM
May I have some testnxt please?
10266571221726558547

10K just sent.
3284  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 29, 2014, 11:07:03 AM
I wanted to check whether you really send 10k but the blockchain doesn't find anything for that NXT account. Why is that?

I am sending people TestNXT not *real NXT*.
3285  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 29, 2014, 10:49:00 AM
Danke.

bu ke qi. Smiley
3286  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 29, 2014, 10:46:36 AM
Please test NXT
6455985511769417839

10K sent your way too.
3287  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 29, 2014, 10:43:28 AM
Some TestNXTs? Smiley

7413290673864398253

10K just sent.
3288  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 28, 2014, 05:50:35 PM
I think that CfB's unanswered question is something we can use to our advantage (others *in the loop* already know this).
3289  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin -What is the difference between Ethereum & NXT? on: March 28, 2014, 04:38:30 PM
I don't like such the answer coz it looks like bragging. Let's wait for release of AT and then we'll see.

Fair enough - it wasn't intended as *bragging* but let's just see how it *plays out*.
3290  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin -What is the difference between Ethereum & NXT? on: March 28, 2014, 04:32:46 PM
I can only guess that he knows something that we don't know.

I seriously doubt that - I have had *many more years* experience than he has as a "software engineer" (and was initially invited to *join* Ethereum by Charles).
3291  Economy / Speculation / Re: the China PBOC event explained on: March 28, 2014, 07:08:00 AM
But even that (the resident card) is not yet a HUKOU.

True - although luckily as a foreigner I don't need one of those - they are a big nuisance for Chinese though and rather hard for foreigners (especially westerners) to even *understand*.

BTW the restriction of 50K USD applies to foreigners here also (experienced that personally).
3292  Economy / Speculation / Re: the China PBOC event explained on: March 28, 2014, 07:00:47 AM
It's a bit confusing. My resident card says I am of Xiamen City, but if I want to get HUKOU in Xiame, hell, it is going to be difficult. Saying "Residency" is easily confused with resident card. But I think you are right, the nuance is trivial to others, and I should probably just call it 'residence'.

Yup - also for foreigners living in China it is *possible* to get a residency card (as opposed to a "temporary residence permit" which you otherwise need to have to legally stay in China) although that is not easy at all (I have only met 1 foreigner who has one of those which he only got after several attempts and who has lived in China over 25 years and ran a multi-million dollar business here employing 30+ Chinese workers).

I also agree with most of what zhangweiwu is saying - so it will be interesting to see exactly *what happens in mid-April*.

I would also not be surprised if things just keep going on as they did after Chinese New Year (and that this just keeps coming up every quarter as a way of "keeping people from feeling comfortable" using Bitcoin exchanges here).

Indeed the *biggest* concern the Chinese government really has with Bitcoin (and others) is capital leaving the country.
3293  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 27, 2014, 01:26:29 PM
Thx! Are you sure about your avatar? Grin Wink

Hmm... can't change that even if I wanted to now on Bitcointalk.

Grin
3294  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 27, 2014, 12:17:55 PM

My turn to fix yours!
3295  Bitcoin / Development & Technical Discussion / Re: [Bounty] How-to Multi signature transactions on: March 27, 2014, 03:57:42 AM
So when you see this it looks like only x/<=3 is standard, but in fact that only applies to a traditional, non-P2SH transaction. If you're doing P2SH, your script isn't TX_MULTISIG at the point where it's evaluating that. It's TX_SCRIPTHASH:
https://github.com/bitcoin/bitcoin/blob/0.9.0/src/script.cpp#L1414

Ah yes - I forgot all about P2SH stuff but that makes perfect sense to me now. Thanks.
3296  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 26, 2014, 05:18:04 PM
I learned to type on a "typewriter" but I never used *two spaces* so am not sure where that idea came from.

(I am 46 so I guess that makes me a good candidate to be BCNext also)
3297  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 26, 2014, 04:20:33 PM
It seems that I hadn't paid proper attention about the idea of the random numbers that were being suggested (they are actually hashes of random numbers with the *actual* numbers being delivered later).

I am now starting to warm to the idea (provided that the range of these numbers is large enough - say 64 bit at least).
3298  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 26, 2014, 03:28:50 PM
First of all, transactions of the past are just a constant factor. So, the bad guy simply needs to tweak the current block (the (1440-X)-th block) to get what he want. He he find it easier to simply tweak the account variable, it okay for him. He can simply leave the block empty. The other way round is also possible.

So let's to the heart of the matter - a forger can always decide *not to forge* and we simply cannot stop that (sure the account can be penalised but of course that forger will probably have other accounts so it doesn't really hurt them much if the have divided up their stake amongst many accounts).

We *can't* fix that - all I am trying to stop anyone from being able to "predict their lottery ticket value" but calculating the expected TF results.

By including some other information we can add a small amount of entropy which will make that future prediction impossible so at least no-one can "time the purchase of their ticket" to get an advantage.

Of course when it comes to the block when your ticket is going to "appear" that forger *can* affect the ticket values (for everyone who bought a ticket 1440 blocks ago) so a "nefarious forger" can always *stop you from getting a winning ticket* if they want to (unless you can see a way to prevent that) but at least that doesn't guarantee that they *will* have the winning ticket (the main reason to even try and game it).
3299  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 26, 2014, 11:17:55 AM
One remark:
Right now, a forger only has one variable (accounts) to tweak until it suits his needs.
Just imagine the bad guy forges the last block in that (1440-X)-row (e.g. accidentally). He now has two variables (accounts, transactions) to tweak.

Yup - (that's why I wrote X rather than 1 for starters) - I think an approach that would require being in control of forging multiple blocks in a row would be the best strategy for defense here.

For example if we included # of transactions until X - 3 then balance of txs until X - 2 then say number of even account numbers used until X - 1 (or some other such ideas spreading perhaps over 10 blocks or more) then might have something with just "too many variables" to be cheated unless you control that vast majority of forging power.
3300  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 26, 2014, 05:46:51 AM
I'm not understanding why this would make it difficult to construct a exploitative block.

If that information applied to only 1440 - X blocks (where perhaps X is just 1) then the forger of block 1440 can't really do anything to affect the outcome apart from *not forge* (which TF as originally planned would result in penalty).

(sorry - I didn't get that right before)

Note that this extra entropy is just to make sure we can't predict the lottery ticket *even if we could predict the forging hash 1440 blocks in the future*.
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