@Anon136, what's your btc address?
1J68eajnyueiLeYdaBUiVySFhPiwpafzmY make sure to tell me how you would like to be identified
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Please read this important note everyone: We do not want to get the coins from the early-bird escrowed transactions on or before 22nd February. We want them one day before the final LAUNCH. So we want them AFTER you have participated in an OPEN beta (everyone can participate in it).
I hope that this will clarify the escrow process. I wanted to emphasize this since it is an important note. Could I help you to clear things? Otherwise please ask. The calculations (who will get what amount of EXO) for all 3 stages are done one day before launch at once and not directly after each stage.
your eXocoin team
Okay I'm in.. sent my payment through escrow via Anon confirmed. micryon sent 1.5btc tx: 7cd8af744886ce725734bc0ccb6e6bf211f23eca0bd6c7b8ed5f930c8fa16640 he wishes to be identified with bit bitcointalk account
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btc address 19tkFyUAMrgxFx6AjuXM26wYFMR1FiMfeT has committed 1.5btc.
transaction: 83f98870843348ba80a101a9dee5e0249ce330341574523b8ea02d9dc70f5b5c
he wishes to be identified by his bitcoin address only
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But with a protank 1 instead of a 2 what is that thing? does it get you high?
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the risk is that he puts makeup on a pig. what if he takes nxt source code but changes a few values and designs an all new graphical font-end. It would be difficult to tell if this is the case or not with closed source code. that is why i made arrangements with him so that i will not be interpreting whether not he has fulfilled his end of the deal. that will be up to my customers to decide. if they feel that i should release the funds to him when the time comes than I will, if they feel otherwise than i will return the funds to them.
but if i dont remember wrongly, he insisted that the funds be transferred to him before the 22nd or else he couldnt be able to do fund allocation. is that still true? Unless he changes that arrangement, there's no point in having escrow here. @exo_coin: what do you say on it? That's true. The only advantage I can see here is maybe for exo_coin so that he can see at least a certain level of commitment from my customers since they are taking a certain level of risk that I could in theory run off with their bitcoins. (i would never do that but the point is they cant know that for sure). Smells fishy to me but that's not my call to make, I just provide the service my customers ask me to provide for them. I sure hope nobody gets burned.
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jefdiesel, jl777, Anon136, joefox, l8orre, Allwelder, Uniqueorn, VanBreuk, EvilDave, salsacz, opticalcarrier, msin and all the others who are still not in the list... Please consider it!
idk. im a scrub coder and even worse at reading other peoples code. i have enough general computer science knowledge to understand how nxt works but i don't think that's enough qualification.
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Ok so its difficult to make any claims about what the ideal amount is that voters should be charged in order to get the best outcomes. I have no idea what the right amount is. Maybe the 1 nxt tx fee is perfect, maybe its more than it ought to be, maybe its less than it ought to be. Inorder to find out that would require some sort of market discovery process which would be difficult if not imposable in this context. The point is just that when voting entails no cost people tend to vote based on aesthetic considerations. When voting entails a cost than they tend to be less likely to vote based on aesthetic considerations and more likely to vote based on conviction. Of course there is no guarantee that they will be right just because they have conviction. But there is a strong correlation between conviction and having done atleast SOME amount of research on the topic. This lecture deals with some of these topics and is very well worth an hour of anyone life who isnt already familiar with these arguments. It very well may be one of the most important videos you ever watch http://www.youtube.com/watch?v=JVCSfaWF2bAPsychologically, even the smallest amount is far more than ZERO. It is like a threshold to be overstepped. yea i tend to think that the fee should be pretty low. If its too high than you open it up to more possibility for manipulation by rent seekers. so imagine that we are voting on whether nxt in the community fund should be spent on marketing. if the fee is really high than we would have low participation it could make it profitable for those who would be on the receiving end of this contract to spend less on buying these votes than they would receive in the payout. 1 nxt is probably higher than is actually desirable if you do not take into consideration the costs of blockchain bloat.
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well idk anything about graph theory but yes the length of the chains is irrelevant.
Okay, so now we have: Consensus in NXT is found by looking for the branch that demonstrates the greatest stake participation without claiming to be from the future. This is achieved by summing up the targets on each branch and the branch with the smallest total is the correct one. Got it right? No. U sum 1/target and want to get the highest value. there we go cfb. thanks that clarifies what i was going to ask you about. thanks as usual.
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well idk anything about graph theory but yes the length of the chains is irrelevant.
Okay, so now we have: Consensus in NXT is found by looking for the branch that demonstrates the greatest stake participation without claiming to be from the future. This is achieved by summing up the targets on each branch and the branch with the smallest total is the correct one. Got it right? thats the idea but now that ive started to think about it again i have some more questions that i need to ask cfb myself.
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In plain english: what's the right way of finding consensus in NXT?
by looking for the chain that demonstrates the greatest stake participation without claiming to be from the future. Ah, okay. Just to get that sure: - the longest branch in the sense of graph theory is totally irrelevant well idk anything about graph theory but yes the length of the chains is irrelevant.
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Anon136's video described it as the chain that had the most stake involved in forging the blocks was the 'correct' one, even though there may be a longer chain. It's slang. "Longer chain" == "chain with the most stake involved". @Anon136 If so, could we stick to the 'longer chain' theme? It's just because it makes more sense to most people (even those that are familiar with graph theory). i mean it works as slang but it is technically incorrect since its trivially easy to make a chain as long as you want. you could make a 1 million block long chain on my desktop computer in minutes if i wanted. In plain english: what's the right way of finding consensus in NXT? by looking for the chain that demonstrates the greatest stake participation without claiming to be from the future.
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Anon136's video described it as the chain that had the most stake involved in forging the blocks was the 'correct' one, even though there may be a longer chain. It's slang. "Longer chain" == "chain with the most stake involved". @Anon136 If so, could we stick to the 'longer chain' theme? It's just because it makes more sense to most people (even those that are familiar with graph theory). i mean it works as slang but it is technically incorrect since its trivially easy to make a chain as long as you want. you could make a 1 million block long chain on my desktop computer in minutes if i wanted. Err, so, what? Sorry, but it's a bit confusing if you don't know what's right and what's wrong. In plain english: what's the right way of finding consensus in NXT? sorry idk how to explain it any better than i did in the video
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Anon136's video described it as the chain that had the most stake involved in forging the blocks was the 'correct' one, even though there may be a longer chain. It's slang. "Longer chain" == "chain with the most stake involved". @Anon136 If so, could we stick to the 'longer chain' theme? It's just because it makes more sense to most people (even those that are familiar with graph theory). i mean it works as slang but it is technically incorrect since its trivially easy to make a chain as long as you want. you could make a 1 million block long chain on my desktop computer in minutes if you wanted.
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NOTE: Voting System ... works only on testnet for now.
whats the voting algo like? 1 nxt 1 vote + tx fee? It is fully depend on the one interpreting the results. It the most beautiful solution they could have come up with. sounds good to me!
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Are we stuck on block 69524 or is my server just not working correctly?
im on 69526
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NOTE: Voting System ... works only on testnet for now.
whats the voting algo like? 1 nxt 1 vote + tx fee?
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eXtatiC has committed 14.7451ltc
780db2de15617da75976a28997d18de7965e01804839d2da2fca9e85b06718bd
he wishes to be identified by his bitcointalk account
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omg that was awesome. so funny. gandalfs part was the best.
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Spratan commits 1.49641BTC
transaction: 0aa43a64a874b15403cf262457dbd66d104e08d5d2b9a6a610f6f8d4369c5468
he wishes to be identified by bitcointalk account
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