rickyjames makes a lot of sense!! NXT needs a leadership group. Let's call for nominations and then organise for a vote. IMO if CfB is definitely not available (is that certain), then what about Jean-Luc or CIYAM or JL777? Are they available to take over? My gut tells me the problem is not a lack of funds to pay for things - it's inertia, and the weird vibe around BCNext being anonymous.
If not CfB, then Jean-Luc
If not Jean-Luc, then maybe CIYAM
If not CIYAM, then maybe jl777
If not jl777 then ....
We must keep looking until we find a committed lead developer with the skills and motivation to finish the core functionality promised by BCNext and outlined above by rickyjames. We also need a project manager (I nominate rickyjames).
These positions would only need to be filled in the short-medium term.
IMO having a legal exchange in the USA is further down the track. For now just finish the software and leave a legal fiat exchange for the NXT Winklevii.
NXT is decentralized. That means no center. No "leader" There are a lot of developers working, both independently and cooperatively, on adding value to NXT and completing the core features. TF is in progress. Parallel Chains is being prepared for. AT is in progress. Digital Goods Store is in progress. There are all the clients. There are all my projects. There are all the websites. Just what "inertia" are people talking about??? To my knowledge, NXT has MORE developers and active projects than almost any other crypto. I am working on a NXT API development kit that does all the low level work so that people can easily add value by concentrating on the code that adds value, instead of dealing with the common low level issues. Tools that help developers get stuff done quicker, will let new developers get stuff done quicker. I didnt have to get approval of this from any leader, I just decided to do it. Similarly, other devs can just do stuff without seeking approval from some central authority. Has nobody understood what Adam Levine (of Lets talk bitcoin) said about NXT??? Whatever is going wrong, there is a lot going right with NXT. James |
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What is a rough timeline estimate for mainnet rollout of AE?
Now that we are starting to get automated test programs really stressing the AE system, I am guessing, but I would think by the end of the month or so, we will get one of jean-luc's release posts with a release candidate. Pound on it for a week, including a million tx random bots tradeathon, and if all goes well we can go live in early April'ish The above is contingent on many factors, and I am estimating other peoples timeframe, so this is just a guess. Apology to jean-luc if this is totally wrong as we MUST make sure it is solid before release. I know it wont be next week. James |
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0.01 is too low. that's sad to hear. also it is imperative that people be forced to use nxt to buy space in the blockchain. this keeps nxt relevant which keeps the price up which gives the network its security. if people are really talking about creating an asset in the AE that will allow people to purchase space in the blockchain instead of nxt than i will have to make it my mission to put a stop to that.
thanks for the info rickyjames.
Last I heard 0.1 NXT was the new min tx fee I dont understand how nodecoin is being twisted into something that "purchase space in the blockchain"  All nodecoin does is tabulate a nodes peers and then allocates nodecoins based on the number of times your node is someone else's peers. How this gets turned into some magical NXT killer, absolutely boggles my mind James James, there's more issues than nodecoin and that's what's being referenced here. Salsa and others are pushing to rent out space in parallel blockchains to store data/files/entire websites and this has nothing to do with nodecoin and everything to do with creating bloated blockchains. nodecoins are just an asset that acts like airline miles. People that do things that help NXT get rewards. Do airline miles destroy USD?
James
I've given up saying negative things on nodecoin. Now you say nodecoins are like airline miles. OK, we'll talk about airline miles. From the airline's point of view, every time somebody got a flight on a jet using airline miles, that was a seat they made no money on. It was good for the guy that got the airline miles, and bad for the airlines. The more people accumulated airline miles, the more there was a big overhang of "free service" (ie LOSSES) that faced the airlines. As a result, the airlines have all devalued the airline miles. They are "worth" a LOT less today than they were when somebody first thought up the idea of "let's give out airline miles!". So are nodecoins an NXT killer? I'm not saying that anymore. But if you want to compare them to airline miles, you'd better do some research into just what happened with airline miles. It's not a pretty story for the airlines. http://www.smartertravel.com/travel-advice/with-frequent-flyer-programs-keep-up-or-lose-out.html?id=4325925http://www.businessweek.com/articles/2013-12-20/travelers-find-fresh-reasons-to-sue-their-frequent-flier-programsThe difference is that there is no set redemption value for nodecoins. The market will decide its value, so while it is given out like a rewards program, there is no guarantee on what it can redeem. Whatever value it has comes from the people who bid on them, not from anywhere else. Since it is a free market, only time will tell what its market value will be. If some NXT attacker put in a bid for 100NXT per nodecoin, how will that harm NXT? James |
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If an asset that rewards people based on something related to NXT is a threat to NXT, then we need to kill AE.
Once AE is active, nothing stops anybody from issuing an asset that is tied to NXT things, eg. number of aliases, number of tx, number of nodes, amount of bandwidth, amount of time connected, etc., etc.
What if some NXT attacker did this and put in bids for 100 NXT for each of these coins? that would be a total disaster wouldnt it? Everybody just getting all this free NXT, just for using NXT. Imagine, just automatically getting 1000 NXT per day. The horror. Where exactly does the NXT that is paid for these coins come from?
Can somebody explain to me how getting coins (that might or might not have any value) for using NXT or supporting NXT harms NXT? To my mind it just seems like a faucet. Since when did faucets hurt the thing being fauceted?
James
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0.01 is too low. that's sad to hear. also it is imperative that people be forced to use nxt to buy space in the blockchain. this keeps nxt relevant which keeps the price up which gives the network its security. if people are really talking about creating an asset in the AE that will allow people to purchase space in the blockchain instead of nxt than i will have to make it my mission to put a stop to that.
thanks for the info rickyjames.
Last I heard 0.1 NXT was the new min tx fee I dont understand how nodecoin is being twisted into something that "purchase space in the blockchain" All nodecoin does is tabulate a nodes peers and then allocates nodecoins based on the number of times your node is someone else's peers. How this gets turned into some magical NXT killer, absolutely boggles my mind James |
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Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
Today at 03:08:54 AM
Reply with quote #3931
Quote from: j23a on Today at 02:02:27 AM
Any reason why NXT is crashing at the moment?
It seems they are doing a self destructing thing. They are creating a coin called nodecoin. People can get nodecoins almost free by running a separate program when they are forging and running nodes. Then they artificially set a price for these worthless nodecoins. It is 1 nodecoin= 0.01 NXT. How they came up this price is a mystery. If this nodecoin is created by some stranger instead of their own hired programmer, it would be no value and no one will buy it. But this is created by a Nxt hired programmer and he will use the community funds to buy these nodecoins. I doubt that any nxters are willing to buy nodecoins out of their own pockets. but this program controls millions of NXT in the funds. Therefore, the nodecoins suddenly become valuable. In the future, nodecoins will also play a role in other transactions. These worthless coins become valuable at the cost of NXT. This nodecoin will dilute NXT. They said that the nodecoins are for rewarding people running nodes and servers. Why don't they reward people with NXT which can build NXT's utility and value, instead they create a worthless coin to compete with NXT and it could become a potential Trojan horse in NXT. All this is so weird and the most weird thing is that most of the community members even believe that the nodecoin is a good thing.
In a word, NXT community lacks of leadership.
So this is the future of NXT?!?!!
Its called trolling nodecoins are just an asset that acts like airline miles. People that do things that help NXT get rewards. Do airline miles destroy USD? James |
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I say again, WE ARE IGNORING THE CRYPTOCOIN 1.0 FOUNDATION OF NXT AND THIS IS A MISTAKE. We should be systematically shaking the trees for vendors who will put NXT logos beside their "Bitcoin accepted here" logos (like I see Salsacz doing a few posts back!). We should be working RELENTLESSLY on increasing TPS as a demo to the world. IF we build 1000 TPS, they will come.
Rickyjames, normally your posts are meaningful, but lately they have been making less and less sense. I assume that you know that the people working on TF, pruning, etc. are NOT the people working on AT, gateways, etc. Trust me, if everyone here knew how TF worked, we would be working on it right now. PS: Secret "Twitter" and Secret Internet have been discussed since the beginning of NXT, this is not a new development. Sorry about making less and less sense, these are crazy times. I don't believe anybody is working on TF right now, and certainly not blockchain pruning. I know Jean-Luc isn't. CfB is wrapping up and going to move on to whatever he thinks is more important to work on than NXT. Everybody says BCNext/Ukigo has totally left the project, so HE isn't working on it. THere's NOBODY ELSE doing core dev work, which is why HIRING / RECRUITING MORE OUTSIDE JAVA PROGRAMMERS (rather than dangling bounties in front of insiders) is the most important thing to do with the techdev fund. We were going to release open source code on April 4 in honor of that date in the novel 1984, but we've released open source a month early so THAT's not a big date anymore. NCNext/Ukigo was going to release the "3rd part of the plan that explains TF" on the same date, but with him gone and open source out, I don't know what the hell we're waiting on or even if that will be released at all or if it will make any sense / difference if we do get to read it. I can go back to numerous posts by CfB from less than 60 days ago saying April would be when TF was turned on and NXT would hit 1000 TPS and blow everybody out of the water. Somewhere along the way that got dropped and I can't seem to get anybody interested in discussing why or how to get it back on track. The time warp synchronization of many blocks to speed up transaction time is not magic, it's theoretically possible, but hard, and it is the main distinct advantage that NXT possibly could have over Bitcoin, yet nobody seems interested in it. These days we're all about giving away nodecoins and pool mining and NXTopia multi-user games and trading boobies while dropping the NXT user fees required to trade them. My statement that we are ignoring the cryptocoin 1.0 fundamentals of NXT to our detriment stands, and I feel like the Ancient Mariner stopping the Wedding Guest to say crazy things over and over again ( http://en.wikipedia.org/wiki/The_Rime_of_the_Ancient_Mariner ). We ask people to support NXT but they (1) have a devil of a time logging into it (which admittedly Wesley's client is addressing), (2) stupidly lose it when they don't understand how important a 35 char passphrase is and scare off 2100 other potential new users with their tweets (3) get frustrated when they finally realize that PoS means they can't accumulate significant amounts of it for free, and (4) if they overcome all of the preceeding, can't spend or use NXT on anything in the Real World, as they increasingly can with Bitcoin. So naturally we are moving right on to step (5) which is the whales are dumping it (and I've gotten private PMs from some of them saying nobody acting on what I'm saying as being one of their main reasons why) and nobody from the outside is left to pick up the slack and buy it at a rate that keeps the price up. Despite all this I do not regret my decision to invest big in NXT and I am HODLing. Probably all the way down, just like the Ancient Mariner in the whirlpool. I am relatively new to cryptos and after much research I am still convinced that NXT is a technically superior product to Bitcoin in many ways and will ultimately take on many of its roles. We have talented people doing incredible work. We have flaws we are willing to acknowledge and work on and fix. Most of all we have a coherent community - but it is smaller and more fragile than you may think. We only had 250 people vote on our committees. We had a recent study that did a very good K analysis on our account structure and conclude we've only got 800-1000 true users holding what would be considered significant and usable amounts of NXT. This is all great, even FANTASTIC, for a cryptocurrency that is only four months old. But we must not forget Gordon Gekko's famous words from "Wall Street" - You done good, but you gotta keep doing good. What we have accomplished in four months teeters in the balance over what we will do in month five. Or month six. Or seven. What is our next big accomplishment we are going to announce to trumpets and fanfare? Cryprocurrency 2.0 Asset Exchange? OK. Forget even arguing about the relative number of people who want to trade coins among themselves while speculating instead of trade them for goods while shopping. Somebody tell me how the intro of NXT AE will cause a sustained upward trend in our coin price and market cap when the way we've got it structured, a guy who buys 10 NXT from Cryptsy can get as much use from the NXT AE as a guy that buys 100K NXT, since we've dropped the price per transaction to 0.01 NXT and are pushing nodecoins as the main draw to trade on the AE anyway? AE DOES NOT GIVE ANYBODY ANY REASON TO BUY A LARGE STAKE IN OUR PROOF OF STAKE CURRENCY WHEN THEY CAN UTILIZE ITS PRIMARY AE FEATURE WHILE OWNING VERY LITTLE STAKE. So...what's next after AE? If somebody can come up with a better plan that a return to actually focusing upon and implementing TF / time warp / block speedup / transaction capacity increase, let's hear it. Those were the things that were exciting about NXT in the beginning, the things we talked about much more than Secret Twitter and Secret Internet on parallel blockchains, the thing that represents new tech we have to offer over Bitcoin, that offes a huge improvement by PoS over energy-wasteful, slow, inefficient PoW. If NXT is serious about becoming bigger than Bitcoin, we need NXT whales that are cashing out to use their cold hard cash to set up a legally incorporated NXT-fiat exchange in the United States by getting money service and money transfer licenses in all 50 States - STARTING NOW. This will take time and cash and plenty of both. START NOW. THis is the only way to get as big as Bitcoin, which is vulnerable and reeling from the arrest of Charlie Sherm and his failure to do this right ( http://time.com/1892/bitinstant-ceo-charlie-shrem-arrested-for-alleged-money-laundering/ ) Anon's proposed NXT-silver exchange is an interesting experiment but it is an attempt to get around having to play the big boy game for all the chips on the table with cold hard raw cash. IF NXT is the future of Crypto, we have to step up to the plate. Or the soccer net. Or whatever the right sports metaphor is. Most of all, we need people to come up with a way to have a guy with a cellphone to buy a candy bar with an app that is backed by NXT. And lots and lots and LOTS of websites and storefronts that say "NXT accepted here". If that doesn't make sense, I don't know what else to say. Parallel Chains will make 1000TPS a lot easier to achieve. There are things that need to be done to the code to allow proper implementation of Parallel Chains. I know jean-luc is aware of this, but NXT satoshi support is first. We can pretty quickly enable the purchasing of anything with NXT that can be purchased with BTC by creating a bitcoin bridge, like ripple used to have. You send it BTC asset or anything that is convertible to BTC, eg NXT or any asset with a BTC market, and it gets sent to a destination address. We could actually implement this now by clearing to external exchanges (similar to the middlecoin for NXT) or having an inventory of BTC. The big issue is having a large enough liquidity of BTC for NXT available. If some rich guys can provide BTC that can be used for liquidity at current market prices, this becomes a relatively simple technical project. Get price quote and if acceptable, Send NXT along with BTC address. Presto! anything BTC can buy, NXT can buy I already know somebody that isnt me that wants to implement this. James |
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not working now..
Just updating networking stuff. Let me know if it is still broken. Are you getting coins? still nothing.. getting 20 peers now with IP address reported, but seeing 0 shares, current 0.00000000 0.00000000 nodecoins | sent 0.00000000 although I am not hallmarked or running a separate node elsewhere, is that changed? or does nodeminer "run a node" like i think it does. Reporting is broken for now, but I am seeing the coins accumulate server side. At some point you should get transfers What is your testNXT acct? I will see if it is transferring to you James test ac 15265031083387211287 been sitting at 1498nodes in wesleys app for a few hours now You are accumulating them: NXT.15265031083387211287 += 0.133156 -> 5.688142 I have a lot of test nodes that are adding load to the pool servers, but this also dilutes your share. Probably another hour or so to get your next batch of 10. The days of easy nodecoins are over  James |
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not working now..
Just updating networking stuff. Let me know if it is still broken. Are you getting coins? still nothing.. getting 20 peers now with IP address reported, but seeing 0 shares, current 0.00000000 0.00000000 nodecoins | sent 0.00000000 although I am not hallmarked or running a separate node elsewhere, is that changed? or does nodeminer "run a node" like i think it does. Reporting is broken for now, but I am seeing the coins accumulate server side. At some point you should get transfers What is your testNXT acct? I will see if it is transferring to you James |
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Generating high entropy secretphrase:
int gen_randomacct(int randchars,char *NXTaddr,char *NXTsecret,char *randfilename)
{
int i,j,x,iter,bitwidth = 6;
FILE *fp;
char buf[512],fname[512];
unsigned char bits[33];
NXTaddr[0] = 0;
randchars /= 8;
if ( randchars > (int)sizeof(bits) )
randchars = (int)sizeof(bits);
if ( randchars < 3 )
randchars = 3;
for (iter=0; iter<=8; iter++)
{
sprintf(fname,"%s.%d",randfilename,iter);
fp = fopen(fname,"rb");
if ( fp == 0 )
{
sprintf(buf,"dd if=/dev/random count=%d bs=1 > %s",randchars*8,fname);
printf("cmd.(%s)\n",buf);
system(buf);
}
fp = fopen(fname,"rb");
if ( fp != 0 )
{
fread(bits,1,sizeof(bits),fp);
for (i=0; i+bitwidth<(sizeof(bits)*8) && i/bitwidth<randchars; i+=bitwidth)
{
for (j=x=0; j<6; j++)
{
if ( GETBIT(bits,i*bitwidth+j) != 0 )
x |= (1 << j);
}
printf("i.%d j.%d x.%d %c\n",i,j,x,1+' '+x);
NXTsecret[randchars*iter + i/bitwidth] = 1+ ' ' + x;
}
NXTsecret[randchars*iter + i/bitwidth] = 0;
fclose(fp);
}
sleep(3);
}
strcpy(NXTaddr,issue_getAccountId(NXTsecret));
printf("NXT.%s NXTsecret.(%s)\n",NXTaddr,NXTsecret);
return(0);
}
This works on Mac and Unix, I am not sure if there is a /dev/random equivalent for Windows you can specify the number of random chars and a filename where it will save the random bits so it can be reproduced. Not sure if anybody needs this, but it was a bit tricky to convince my Mac to spit out decent random numbers so I figured it might help someone. Even without the call to issue_getAccountId, this would be a useful program for people to locally generate a high entropy password James |
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not working now.. connect() failed: Connection refused
connection variant.0 failure
error submitting results to (162.217.204.142) retval -1 vs 48 -> switch to (162.217.204.144)
NEW block.(2427680280895981793) vs lastblock.(13833505500464351431)
0: GOOD PEER.0 (2901759 458677) 109.87.169.253 state.1 blacklist.false share.true announce.109.87.169.253 downloaded.290156651 uploaded.18444708
1: GOOD PEER.1 (253198 327999) 162.217.203.106 state.1 blacklist.false share.true announce.162.217.203.106 downloaded.1088124 uploaded.1316131
2: GOOD PEER.2 (36715 191156) 162.217.204.38 state.1 blacklist.false share.true announce.162.217.204.38 downloaded.3250738 uploaded.6157631
3: GOOD PEER.3 (2944190 191366) 138.91.4.52 state.1 blacklist.false share.true announce.testnxt-jp.cloudapp.net downloaded.128051412 uploaded.6176910
4: GOOD PEER.4 (167913 195465) 107.170.226.230 state.1 blacklist.false share.true announce.node10.mynxtcoin.org downloaded.9732909 uploaded.137761789
5: GOOD PEER.5 (148816 202070) 162.243.126.110 state.1 blacklist.false share.true announce.node9.mynxtcoin.org downloaded.26166168 uploaded.10190513
6: GOOD PEER.6 (65062 190529) 209.126.73.166 state.1 blacklist.false share.true announce.209.126.73.166 downloaded.2054511 uploaded.6124137
7: GOOD PEER.8 (36801 191596) 209.126.75.130 state.1 blacklist.false share.true announce.209.126.75.130 downloaded.2027089 uploaded.4608605
8: GOOD PEER.9 (120248 212415) 178.162.198.111 state.1 blacklist.false share.true announce.bug.airdns.org downloaded.578768 uploaded.749405
9: GOOD PEER.10 (90031 114932) 192.241.223.132 state.1 blacklist.false share.true announce.192.241.223.132 downloaded.688219 uploaded.644000
10: GOOD PEER.11 (251528 114690) 209.126.74.120 state.1 blacklist.false share.true announce.209.126.74.120 downloaded.9279095 uploaded.6967156
11: GOOD PEER.12 (292540 85560) 162.217.204.28 state.1 blacklist.false share.true announce.162.217.204.28 downloaded.6786889 uploaded.3289142
12: GOOD PEER.13 (77272 8498) 162.217.202.168 state.1 blacklist.false share.true announce.162.217.202.168 downloaded.2184392 uploaded.181774
13: GOOD PEER.14 (108457 8586) 83.212.110.150 state.1 blacklist.false share.true announce.83.212.110.150 downloaded.4222167 uploaded.146522
14: GOOD PEER.15 (224112 165183) 162.217.204.12 state.1 blacklist.false share.true announce.162.217.204.12 downloaded.6442259 uploaded.3296037
15: GOOD PEER.16 (51539 8712) 209.126.73.128 state.1 blacklist.false share.true announce.209.126.73.128 downloaded.2709012 uploaded.164439
16: GOOD PEER.17 (59406 8637) 162.217.203.174 state.1 blacklist.false share.true announce.162.217.203.174 downloaded.2654224 uploaded.180542
17: GOOD PEER.18 (65715 7992) 209.126.73.160 state.1 blacklist.false share.true announce.209.126.73.160 downloaded.1916314 uploaded.183345
18: GOOD PEER.19 (1560964 2277487) 23.97.135.119 state.1 blacklist.false share.true announce.testnxt-we.cloudapp.net downloaded.101856605 uploaded.41129862
19: GOOD PEER.20 (95447 9150) 209.126.74.122 state.1 blacklist.false share.true announce.209.126.74.122 downloaded.4013920 uploaded.251659
20: GOOD PEER.21 (252716 78371) 162.217.203.16 state.1 blacklist.false share.true announce.162.217.203.16 downloaded.5259173 uploaded.2855958
20: GOOD PEER.22 (2024640 2553411) 137.135.208.131 state.1 blacklist.false share.true announce.testnxt-ne.cloudapp.net downloaded.102871165 uploaded.47500423
numactivepeers.20
connect() failed: Connection refused
Just updating networking stuff. Let me know if it is still broken. Are you getting coins? |
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Bitcoin, Nxt and other currencies are only traceable if you have access to the bank records at the source. Retailers, regular people have no way to know who sent them crypto unless that person broadcasted the address in connection with their name somewhere in public. That is plenty of anonymity for anyone who is not doing something fucked up.
Yes, I agree. It's total waste of time and resources spending money and resources on useless "features" like ZeroCash/ZeroCoin whatever you want to call it. This is not going to do crap for Nxt. Everything is already anonymous. For ultra paranoid, use Tor. Everything can be made untraceable by using exchanges from one crypto to another and back. Nothing is anonymous if you try to convert crypto into fiat. If you do try to stay anonymous during fiat conversion , that would be a felony. Normal cash is being phased out. It is not "legal tender for all debts public and private" anymore. You cant even buy wifi time at airports with cash! Maybe that doesnt bother you, thats ok. I am working on creating a replacement for cash for people who care about stuff like privacy, which also relates to freedom James |
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How far is the progress regarding a implementation for anonymous transactions?
I mean darkcoin is here now and beginning to roll.
Is Darkcoin a decentralized solution? Can anyone take a currency named Darkcoin seriously? It sounds like a fifth grader came up with that name. Seriously people. the day there's a digital currency that is totally impossible to track is the day that governments stop tolerating it and start cracking down hard. It will be the domain of pedohiles, drug dealers, prostitutes and maybe strippers in the future. There is no other form of currency in existence that is impossible to track via forensics. Even Fiat can be tracked if the amounts are large enough, that's why money laundering is a thing and also a thing that is illegal. Bitcoin, Nxt and other currencies are only traceable if you have access to the bank records at the source. Retailers, regular people have no way to know who sent them crypto unless that person broadcasted the address in connection with their name somewhere in public. That is plenty of anonymity for anyone who is not doing something fucked up. I seriously see the creation of mixers to be a threat to the entire crypto universe and I wish people would stop pursuing it for NXT. Governments may just make mixing illegal but they may also just decide to throw the baby out with the bathwater. I am designing anonymity features to be optional and to be built on top of NXT, basically as an application. As far as DRK goes, https://bitcointalk.org/index.php?topic=421615.msg5717144#msg5717144 has a pretty good description from the dev. It picks a random node each block to do some centralized processing, but relies on multisig approval from sender before releasing payment. From what I can tell, it is decent. Not 100% anonymous, but effective for preventing your neighbors from seeing your spending patterns, as long as there are enough transactions happening. I thinking timing and knapsacking analysis will extract information, so it is not zeroknowledge level. James |
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pool servers version of nodecoin/nodeminer is on https://github.com/jl777/multigateway
nodeminer will pick a pseudorandom poolserver to use from list of 25 (easy to change). If it gets failures in submitting, it switches to the next pool server. There is a server behind all the 25 that is not accessible directly that polls the 25 pool servers, combines all the peer data submitted (much harder than it sounds) and allocates the coins based on how many times an IP address is an active peer. A NXTacct is allowed one IP address per block. Not perfect, but I think a pretty reasonable method. You will only get coins if you run nodeminer and after 100 are accumulated. The realtime reporting is disabled for now. I started ~125 instances on different IP's so each NXTacct gets ~1 coin per block If anybody gets nodecoins without running nodeminer, that is a bug. If anybody doesnt get nodecoins after running nodeminer for a few hours, that is a bug. If anybody can mod nodeminer.c to get more nodecoins than they should, that is a bug. Of course, anybody that can crash the pool servers or the backend server, that is the best bug James P.S. The dogegateway is offline for now, they released a hard fork version and didnt have a chance to update
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I am in the process of testing pool servers for "the coin that shall not be named", so no guarantees about uptime or proper coin allocations until I am done.
A configurable list of servers will be the only servers the clients would be able to submit to.
The main server will then poll these servers and tally up the results, including identifying the naughty NXTaccts. When the cumulative earnings exceeds the threshold (now at 100) it will still automatically send them. This is for testnet so I can make sure the delivery mechanism is still working.
There is no realtime reporting via client anymore, but I am planning on having a webpage with the latest stats, so at some point the clients can parse that page. The issue is that each pool server gets submissions from a subset of all NXTaccts, which might or might not be changing IP addresses. So only the main server can tabulate the results and identify any double submissions and know the total contribution. I realized that instead of sending all this back to each pool server, I might as well keep it centralized for now as adding a return results phase just adds lots of network traffic but doesnt make things any less centralized. Since each block is independent from the other blocks as far as new submissions go, there is no reason why the "main server" cant be rotated, but that requires syncing account balances and blacklist info and for now I have other higher priority tasks, like creating queues for all paths within the multigateway and custom multisig accts for each deposit.
The same two level server topology will be used for other projects, so I want to make sure it is scalable and solid. Maybe I got a bit carried away, but I wrote dynamically resizing hashtables so that lookups for IP addresses and NXT accts are effectively constant time (I dont allow >80% full hashtables). I made it so that the hashtables can be used for any datastructure so I will port the asset code to use them. Linear searching is only viable for small datasets.
I also implemented protocol handler registration for the networking side. This allows variants (different ports) to each have their own set of funcids handled by separate functions. Each with adaptive sized input and output packets to eliminate excess network bandwidth. Kind of a pain to have to define a pair of structs for each variant.funcid, but at least now it is pretty extensible.
Not bad for a simple C programmer!
James
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mr_random in quotes,
"Don't get me wrong, a brand new NXT to USD exchange is a good thing to have, but the effect that would have on NXT's demand would be very gradual, could take a year to build up customers etc. We should pursue that in parallel with getting NXT on the bigger exchanges eg Bitstamp, BTC-e, Kraken, Huobi."
I disagree that the effect on NXT demand would be gradual with the addition of a direct USD to NXT exchange. Nxt has solved the dreaded transaction malleability problem through the use of GUIDs in addition to TXIDs.
With BTC and all of its delays and long block generation time out of the picture, the increase in NXT demand should be explosive.
I do HIGHLY agree that we should pursue both options in parallel. But, at the moment there is no Direct USD to NXT exchange and no plans for one.
This is why I have asked cryptolawyer to ballpark a legal/regulatory cost to get said Direct USD to NXT exchange operating in New York.
lexxus sent me a really good idea about having a fiat/NXT escrow process using OKpay API (or equivalent) to monitor external payments were made before releasing NXT. I think legally, the fiat was just sent via OKPay from one user to another, so providing the escrow service should have much lower legal exposure I havent worked out the details of actually doing this, plus wont have time for it for a while, but if somebody wants to investigate/help on the OKpay side, PM me |
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Maximum items of an asset is 1 Billion.What would happen if many billion doges were in the asset exchange??There is a supply of 60 Billion,and other coins may have even more. Does it matter for these assets with gateway?
yes it would matter. If it looks like we will run out, we can always add kiloDOGE or even megaDOGE |
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If you want decentralised and DDOS protected from random nodes - could you use an encrypted multicast that the guardians are listening for?? http://en.wikipedia.org/wiki/Multicastthen use IP firewalls for the guardian/guardian links which I would still authenticate with certificates on each server... I think it would be simpler if the pool server just polled all the guardians every block. At ~100 guardians, it shouldnt be a problem. If scaling up becomes a problem, I can go to a tiered system, where the pool server polls all the first tier guardians, which in turn pool their respective second tier guardians. The total traffic is the same and might as well have it as controlled as possible James |
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Hello, my name is James. I rebooted and feeling much better Thanks to all the generous donators!! I am feeling very optimistic today. For all the controversy the "coin that shall not be named" has created, at least people now are seeing NXT for what it can do. The idea of a middlecoin that pays out in NXT is a very good one. https://bitcointalk.org/index.php?topic=345619.msg5694336#msg5694336I authorize 20,000 NXT from NXTcommunityfunds for this bounty. I would also like to authorize 50,000 NXT to wesleyh for his fantastic web GUI. With matching amounts up to another 50,000 NXT for any directed donations to NXTcommunityfunds for him. Just send donation to 13776816462073143763 , post txid, amount and that its for wesley. We need more testing. The first of the testing bounties: antanst should get 10000 NXT for crashing testnet l8orre should get 5000 NXT for making freerider that will help others crash testnet James Hey james, thanks a ton for your recommendation! I haven't asked for it, but it would of course be fantastic to receive this amount as I have put a ton of work in my client already Thanks again. No, thank you!! All of NXT benefits from an easy to use client. I estimate that it easily boosts the value of NXT by 2%, realistically a lot more as it brings NXT to the mass website using public. How many people use websites, but are not comfortable with downloading software, loading blockchain, etc.? The 50,000 NXT is around 2% of NXTcommunityfund NXT peoples, lets reward people who deliver software that boosts the value of NXT. This will set a good precedent and show others that if they deliver software that boosts NXT, the NXT community will reward accordingly. It is this message that I want to reinforce. James |
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I am assuming that it is possible to configure firewalls to only accept incoming connections on specific ports to a list of specific IP addresses.
Could somebody confirm (or deny) this assumption?
I want to create a set of guardian servers that are the only ones that accept connections from random clients. The servers that actually do the "money" work, would only accept incoming connections from these guardian servers. This would isolate the pool (and multigateway) servers from the internet and I think provide good protection.
This way, we can make doing a Ddos attack require attacking all of the guardian servers. Since these guardian servers really only need to run a very small validation and relay layer, there is no reason the work of the guardian servers couldnt be spread across a large number of servers. Not quite fully decentralized, but a lot less vulnerable than having a single pool server.
James
yes, any hardware based firewall or freebsd/linux pf/iptables can do this Cool! I dont want to mess with iptables, but I will write the software so it is easy to figure out what the approved connection paths are James |
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