I have a question.
If 71% of 9,000,000,000 nem is going to the stakeholders, that's 6,390,000,000. Into how many parts is this then divided? My understanding was that the "final stakeholder list" is comprised of only about 1600 stakes after the sock puppet purges. If this number was divided by the 1600 stakes, we arrive at about 4,000,000 nem per stake, nearly twice what we are now being said (2,250,000). Can someone explain this in simple terms?
Keep pulling on this thread and everyone will start putting you on their ignore list  |
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Why don't you just invest in a POS coin and try to get others to come along with you? If it is a better solution and Bitcoin does become centralized wouldn't people look for a different coin anyways?
I'm not a fan of blockchain tech, it's too inefficient. Necessity to store every state transition can't scale no matter what. So I'll just watch this show from outside. But you co-founded Nxt. Do you still have a decent amount (let's say more than 500K) of NXT in your portfolio? I'll wager 0 NXT |
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http://188.138.33.10/(red are accounts that missed their turn, blue are ones competing for Nxt block with a prediction for the time to next block)
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I don't know how CfB calculates this figure.
Average base target of the last 500 blocks is 3.5652 (or 356.52%). 100% / 3.5652 = 28.05%. If an adversary is forging now then he needs to control only 140'000'000 NXT for 51% attack.
If an adversary is not forging now then he needs to buy only 280'000'000 NXT for 51% attack.Is this difference due to Transparent Forging? I try to explain it here: Cool. The main problem I see that I spoke about earlier was how to get around Transparent Forging. Each forger/miner can predict who is due to forge the next block with high probability. You can see the predictions live from the real Nxt mainnet here: http://188.138.33.10/(red are accounts that missed their turn, blue are ones competing for Nxt block with a prediction for the time to next block) If cynicSOB starts broadcasting blocks when it isn't his turn, the network with blacklist him/reject all his blocks. He will have to fool many nodes in the network to tell the remainder of the network that he is next for his blocks to be accepted. And it might only lead to a temporary fork, with the network reorging later on (upt to 720 blocks later) and orphaning all his blocks. Not a trivial problem to crack. TF is still an enigma and a little hazy to me... |
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That is what I was referring too  |
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Last I saw, 41% of Nxt was forging. Edit: I don't know how CfB calculates this figure. I thought the live figures were on peerexplorer.com but can't see where. Weren't you in the thread the last time this was discussed? CynicSOB claimed to be able to do some vaguely specified damage to a POS coin (after controlling the dead APEXcoin for 90 blocks). Started at <1%, then 5% then 10%. He hasn't been in touch for a while now. So if you had 210,000,000 NXT (based on 41%) you could do some damage. This is obvious to most who have looked at POS. You're turn http://www.links.org/files/decentralised-currencies.pdf |
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Has this paper been discussed anywhere? |
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I missed this one... Melodius testers needed Anyone that wants to test melodius, please go here: http://92.222.18.108/register_page.phpand setup an account. PM me with your username and I will PM you back your registration link (email is not setup while in beta so I can manually allow accounts) Thanks! Edit: There is also a Slack group for melodius for discussion about bugs and features.  |
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I've not forgotten about this  Just querying the answer I got. |
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Need some votes for Nxt and Nxt projects in Slothbag's decentralized App store (Alpha), DApp StoreLatest updates to the public demo site.. * Finished off the "Manage Votes" screen, now tags, dapp tags, related dapps all show nice tags instead of their ids. * Download links also show properly Next on my todo list is to fix up the sync processes (currently broken) and also to add search functionality.. plus probably a duplicate check to try prevent people from submitting the same dapp/project twice. Still waiting for some votes for Nxt.. you'd think some people here would want to vote up Nxt  Comments and suggestions welcomed Full thread here: https://nxtforum.org/general-discussion/(ann)-dapp-store/ |
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always a drop before a release, but usually it doesn't go below 4200
Dollar amount has been stable for the last 90 days. Before that would have to take into the precipitous drop of BTC to its current levels. I wouldn't be surprised people are still pricing crypto in dollars, it still has a few years before a mainstream breakthrough. In the meantime, Nxt picks up core devs and third party devs still keep building (Jones' wallet aimed a noobies, Slothbags decentralised app store and DNS system (decentralised internet), JL777 Supernet projects, multiple new wallets...) and NRS 1.5 being tested. [speculation] It will be quiet for a few more months yet. A big BTC washout of capitulation will happen before new money flows into crypto. [/speculation] |
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nxt deded
How so? |
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The logo has changed so I must have had an old version, seems to be working well now.
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I'll try deleting and starting from scratch, not sure what version I have. Has there been a release in the last few weeks?
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Something must be wrong as I am barely getting blocks to keep up with new ones being produced. Suggestions?
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Is there anywhere to download a recent copy of the blockchain?
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Hi,
I think "capodieci" dev at the nxtforum.org is working on reputation system. You may contact him for more information. It is part of of the DeBuNe project afaik.
Yup Roberto = Capod... |
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I think JL777 created a web of trust solution in Nxt Freemarket (decentralised ebay) but you'd have to check. He spent a lot of time talking about it with Anon136 but not sure what the outcome was > http://nxtfreemarket.com/ |
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I though you meant Santa.
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