2: it expires at a certain point in time if it is not matched
I wish I had thought of this when I submitted my list to CfB on requested asset exchange APIs. maybe it can make it in. |
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@ Client devs
I got no more API call requests, so I'll implement only those that I have now.
Did u not see my 2 posts? |
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My intention was to examine the question of whether nxt would or would not tend to cause the rich to get richer at the expense of the poor.
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ok this should be interesting. let me sleep on it. But my first take would be that, NXT being a zero sum game (unlike wealth) does cause that. Though not strictly "unfairly" where the poor get nothing in return for paying the rich |
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Sure thats true but it isn't really relevant. The question is whether nxt will cause the rich to get richer. Not whether everyone will get an equal rate of return on their investment.
lets go back... why is this an issue? This aint unicef. LIFE aint unicef. OK the rich do get richer, perhaps we should instead focus just on how things are and what this REALLY means. Like the talk about the initial stakeholders making a 4700% ROI immediately after genesis. So what? The period was open for OVER SIX WEEKS, that is like ages in comparison to all other altcoin ANN threads before then. (no Im not a genesis block stakeholder either) If the 'unfairness' of the 6 week period is all you can think of then you are a fool as you are really missing the whole POINT of NXT. Its not some stupid altcoin to get pumped and dumped like all others; its the basis for a completely new crypto currency infrastructure. Why are they not clamoring about the unfairness of all the early bitcoin adopters getting such a headstart. Just dont even bother with trying to reason with unreasonable people. Problem solved, problem staying solved. |
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dude you are so page 1341. lol not being rude, just always wanted to do that, im very sorry it was you dude, there is no page 1341 ;P wow what a time for my dyslexia and incompetent typing to kick in, guess i deserved that  |
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dude you are so page 1314 lol not being rude, just always wanted to do that, im very sorry it was you |
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I'm afraid u have to wait 5 days more coz I was off and noone else can implement necessary API calls. And btw, I'm still waiting for the combined list. Or any list.
OK guys Ill start us off, add your requests to the list: 1) an API to get a qty of assets. requred parameer of acctnumbr. with no other parameters it lists all qtys of all assets. optional parameter of an assetID to just get qty of that asset. another optional parameter of a timestamp to get a snapshot before or after that particular time. these 2 options may be used together 2) I still dont fully understand if/how/when automated transfers work, since in my testing so far, with no QTY API, I cannot tell if automated trades due to bid/sell matching occurs. so Im sure if this process can be described, we'd want some other APIs  3) Allow "getAskOrderIds" and "getBidOrderIds" to specify a certain assetID 4) An API to show all transfers of an asset from 1 account, specifying the asset and the transfer-or, and optionally the transfer-ee, and optionally a timestamp to show transfers before or after that point. 5) An API to show all transfers of assets into 1 account, optionally allowing to filter to a specific asset,and optionally a timestamp to show transfers before or after that point. Anyone else besides the crickets? |
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I agree... but I also like how CfB has it centered. This is why both marketing directors and art directors exist (and usually don't get along!) Here it is on a point... it reminds me of a dreidel!   lols and the chain looks (looks like to myself, and english reader, anyways) much closer to jewish script than english script |
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and theoretically, whats the worst thing that someoone could do if they had the genesis acct passphrase?
Issue more NXT and dilute the value of everyone's existing NXT? Or if you prefer: Create more anti-next and dilute the value of all existing NXT? Is the 1 Billion next fixed in the code or can it variable? Can the 'owner' of the genesis account issue more next if they chose to? Now CfB has returned, can you or anyone shed any light on this? Is it possible for NXT to become inflationary? It has been bugging me for a while... though all the mystery is quite exciting too All transactions that lead to negative balance r ignored. so whats the worst someone can do if they possess the genesis account passworD? |
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if hes not one of the "math" types way more than he is a CS type then he sounds ideal. |
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I'm afraid u have to wait 5 days more coz I was off and noone else can implement necessary API calls. And btw, I'm still waiting for the combined list. Or any list.
OK guys Ill start us off, add your requests to the list: 1) an API to get a qty of assets. requred parameer of acctnumbr. with no other parameters it lists all qtys of all assets. optional parameter of an assetID to just get qty of that asset. another optional parameter of a timestamp to get a snapshot before or after that particular time. these 2 options may be used together 2) I still dont fully understand if/how/when automated transfers work, since in my testing so far, with no QTY API, I cannot tell if automated trades due to bid/sell matching occurs. so Im sure if this process can be described, we'd want some other APIs 3) Allow "getAskOrderIds" and "getBidOrderIds" to specify a certain assetID 4) An API to show all transfers of an asset from 1 account, specifying the asset and the transfer-or, and optionally the transfer-ee, and optionally a timestamp to show transfers before or after that point. 5) An API to show all transfers of assets into 1 account, optionally allowing to filter to a specific asset,and optionally a timestamp to show transfers before or after that point. |
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Principle of forging.
That forged NXT are proportional to stake? Ok, I'll try to explain how simple Joe understands this video: Simple Joe understands, that forging is proportional to stake, there is no question. But according video, Joe sees that it is like some "queue". Joe has 10000 of NXT and waits for time to forge, after bigger stakes forge their own blocks. His in "queue". And after N blocks cames Joe time to forge. And he 100% forges a block. Right? Sorry for my bad English. Those 4 guys represent a group of people who own different stakes. It means mostly money go to the group of people who own 3 mega. Everyone is in a qur. Rich people have shorter que than poor users another way to put it is that if your account has 1000 NXT in it, if you run it continuously then it will forge approximately 1000/1000000000 of all blocks (which may/may not have transactions/fees in them). Actually the chances will be a better than that (replace that 1 billion denominator with the total of all NXT that is forging at the moment, yes, very hard to calculate that) |
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Ive actually put in a feature request to the NXT devs to print a warning upon opening an acct that doesnt have a public key associated with it. There are already some other similar operations in the source code that do similar things upon opening an account, so this wont be too complex to get put in.
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Perhaps it would be a good idea for the client to check for a public key in the blockchain everytime an account is unlocked, and it to warn the user that the account has no public key and does not have 2^256 security?
This seems like a reasonable and easy to implement improvement (although maybe the wording of the text would need to be a little more "user friendly" than mentioning 2^256). definitely, and the wording of how to go about securing it should be in there as well (send NXT, buy alias, basically ANYTHING that forces to pay a fee, or to generate a block) you guys want to take a stab? we're all supposed to participate |
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Perhaps it would be a good idea for the client to check for a public key in the blockchain everytime an account is unlocked, and it to warn the user that the account has no public key and does not have 2^256 security?
We know that something similar to this already happens - when an account is unlocked, the account is checked for collision with another account, and will not allow an account to be used if there is a collision with an account that already has a public key on the blockchain. So what I'm suggesting isn't to terribly complex to implement.
This would spread the word out about account security, which would be a plus as we are sort of getting hammered on this issue.
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Yeha I was more talking about the domain then anything else. The http://www.mynxt.info site looks really good indeed.  And your right that there is an enormous amount of work in the blockchain.info site. All, Ive created a DNS A record for blocks.nxtcrypto.org resolving to 87.230.14.1 which is nexern's block explorer. In a bit of time it should propogate through the internet. Now nexern's server may/maynot work correctly with this, but if anyone else can think of a better name than blocks for the site, let me know didnt work, DNS has been propogated tho.. Non-authoritative answer: Name: blocks.nxtcrypto.org Address: 87.230.14.1 yeah, sounds like he'll have to have his server configured to work with that, if he wants it to work. |
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dumb question:
Can I forge a block,when port 7874 is closed on my router?
I am successfully forging behind NAT and rooter without any port forwarding. Dunno if port is specially closed. I wouldnt see why it would specifically be open. all this means is that no peers can create connections to you - all connections you have are ones that you originate, first out to your wellknownpeers, and then to the peers they tell you about. |
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Yeha I was more talking about the domain then anything else. The http://www.mynxt.info site looks really good indeed. And your right that there is an enormous amount of work in the blockchain.info site. All, Ive created a DNS A record for blocks.nxtcrypto.org resolving to 87.230.14.1 which is nexern's block explorer. In a bit of time it should propogate through the internet. Now nexern's server may/maynot work correctly with this, but if anyone else can think of a better name than blocks for the site, let me know |
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That's why we have a bounty for article: - Nxt and its Decentralized P2P exchanges with mixing services = totally untraceable, anonymous and uncontrolled by any government. The sooner someone writes it the higher chance to get it published as an answer to this event I dont think we even have any idea how any mixing could work. We could do something regarding decentralized exchange as we can actually test this out now, but mixing.... |
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