Also, it's impossible to write a whitepaper now, coz we haven't seen 2nd and 3rd parts of the plan yet... By the end of this year we'll see 100$ for 1 NXT.

Little less, you'll get maximum entropy with 32 symbols, but the thing is, the question is ill formed.

Consider one of strings over this alphabet:
23456789abcdefghijkmnpqrstuvwxyz

does it look secure to you?

PoW's Negative Ecological Consequences

Confirming transactions for existing Bitcoins, and creating new Bitcoins to go into circulation, requires enormous background computing power that must operate continuously.  This computing power is provided by so-called "mining rigs" operated by "miners".  Bitcoin miners compete among themselves to add the next transaction block to the overall Bitcoin blockchain.  This is done by "hashing" - bundling all Bitcoin transactions occurring over the past ten minutes and trying to encrypt them into a block of data that also coincidentally has a certain number of consecutive zeros in it.  Most trial blocks generated by a miner's hashing effort don't have this target number of zeros, so they make a slight change and try again.  A billion attempts to find this "winning" block is called a "gigahash", with a mining rig being rated by how many gigahashes it can perform in a second, denoted by "GH/sec".   A winning miner who is first to generate the next needle-in-a-haystack, cryptographically-correct Bitcoin block receives a reward of 50 newly-mined Bitcoins - a reward worth, at the time of this writing, around $50,000.   This competition among miners, with its hefty reward, repeats itself over and over and over every ten minutes or so - by early 2014 generating rewards of over 7000 bitcoins per day worth around $7 million dollars per day.

With so much money at stake, miners have supported a blistering arms race in mining rig technology to better their odds of winning.  Originally Bitcoins were mined using the central processing unit (CPU) of a typical desktop computer.  Then the specialized graphics processing unit (GPU) chips in high-end video cards were used to increase speeds.   Field programmable gate array (FPGA) chips were pressed into service next, followed by mining rigs specialized application specific integrated circuits (ASIC) chips.  ASIC technology is the top of the line for Bitcoin miners, but the arms race continues with various generations of ASIC chips now coming into service.  The current generation of ASIC chips are the so-called 65nm units, based on the size of their microscopic transistors in nanometers.  These are due to be replaced by 28nm ASICs in early-2014 and 20nm units by mid-2014.   An example of an upcoming state-of-the-art mining rig would be a Butterfly Labs "Monarch" 28nm ASIC card, which is to provide 600GH/sec for an electricity consumption of 350 watts and a price of $2100.  On the horizon is a card from Hashblaster slated to have three 20nm ASIC chips providing 3300 GH/sec for 1800 watts of power consumption.  Most operational mining rigs will probably be upgraded to this standard of performance and efficiency by mid-2014.

The mining rig infrastructure currently in place to support ongoing Bitcoin operations is astounding.  Bitcoin ASICs are idiot savants - they are able to do only the Bitcoin block calculation and nothing more, but they can do that one calculation at supercomputer speeds.  In November 2013, Forbes magazine ran an article entitled, "Global Bitcoin Computing Power Now 256 Times Faster Than Top 500 Supercomputers, Combined!".  In mid January 2014, statistics maintained at blockchain.info showed that ongoing support of Bitcoin operations required a continuous hash rate of around 18 million GH/sec.  During an day of 86,400 seconds, this means around 1.5 trillion trial blocks were generated and rejected by Bitcoin miners looking for the magic 144 blocks that would net them $7 million.  Thus around 99.99999999 % of all Bitcoin computation go not to curing cancer by modeling DNA or searching for radio signals from E.T - instead, they are totally wasted computations.  

The power and cost involved in this wasteful background miner support of Bitcoin is enormous.  If all Bitcoin mining rigs had "Monarch" levels of capability as described above - which they will not, until they are upgraded - they would represent a pool of 30,000 machines costing over $63 million and consuming over 10 megawatts of continuous power while running up an electricity bill of over $3.5 million per day.  The real numbers are significantly higher for the current, less-efficient mining rig pool of machines actually supporting Bitcoin today.  And these numbers are currently headed upward in an exponential growth curve as Bitcoin marches from its current one transaction per second to its current maximum of seven transactions per second.

There are at least 4000 network nodes at this time.

It could be anybody, including rickyjames 

This is

a) brilliant and beautiful
b) a very good promo pic.

Posted as First look at a Nxt high-end forging rig!

This. I'm surprised that it even needs to be spelled out like this.

But...Graviton was asking for trouble when he said the account belongs to a "well known and respected member of the Nxt community." That's like waving a bloody steak in front of rabid gossip hounds.

I would be interested in knowing as well obviously. Why hide this information from the public? This well known and reputable member should no longer be reputable. It only hurts NXT to keep it secret.

Ricky, you know what to do

And I think you misunderstand hiberNXT - just because it doesnt have a public key associated with it does NOT mean that nobody knows the password to the account.

Think about your very first NXT account you had when someone sent you some NXT but you had no outgoing transactions.  Those funds in your NXT account were hiberNXT.  The only difference is you did know its password, you just hadnt used it yet.

great job!  
I focused on some of the accounts in the early days when I was stolen, but I didn't check them recently.
thank you rickyjames, and other people who helped  discovering the case.

But I told you about EpicThomas

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

rickyjames, did u see that video http://vk.com/wall-64086699_42 ?? He told about u

Sorry for the spoiler. Before u continue this discussion u'd better to know that PoS is required only during bootstrapping phase of Nxt. I can't reveal details now, u have to wait for the 3rd part of the plan.

Last phase requires a big infrastructure with hubs and service providers.

Would have saved me 500k NXT.

in my eyes this doesn't add any security level. if your account pw got stolen, the second pw would also have been stolen.
there's no defence against keyloggers. this applies to regular banking more or less also.
it's also not unsafer than bitcoin, because your wallet.dat can be stolen equally.

His criticism is not based on real things.

PS: Once we have TF ready we can change transaction limit from 4.25 to 1000 transactions per second. 200x increase in TPS will lead to the same increase in price.