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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 31, 2014, 03:17:45 AM
your launching a pharmaceutical company??? manufacturing?? doesnt it take billoins to set up a drugs company(legally)?? or is it like whole sale?

Well, I like to work with chemicals that haven't been scheduled, yet. I actually found the cure for Alzheimer's and contracted out three different companies to whip up 100kgs... Here's the kicker though, it literally is a brain derived neurotrophic factor that stimulates neurogenesis, myelination,  dendritic and axonal growth, think "nzt 48" from limitless, except it isn't a eugeroic/cholinergic/stimulant. It works, so fucking well.

It has been tried in over 5000 people, no deaths, no serious side effects.

I'm going to market it as a nootropic to the masses  Cool.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 30, 2014, 11:36:44 PM
(<10% per year growth)

8%-9% would be a absolutely massive amount of growth for a large corporation, but for a startup it would be nothing...

My company grew 1200% (killer features, insane innovation) in six months, and then tapered to a solid 15% percent growth, which is what it's at right now.

Anywhore, to answer your question, relative to the other crypto-currencies NXT is a relatively stable asset. Relative to the the CAD it is as stable as francium.

Is NXT worth 30M at the moment, yes.

Will NXT be worth 500M in a year? I don't doubt it for a fucking second, I am reviewing CIYAMS complete AT code and I can tell you this is just the beginning.
 
I may be less active in the NXT community because I'm launching a new pharmaceutical company in two months.... so, I'll try to help out and stay on track, but no promises.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 30, 2014, 11:27:07 PM
WOW BTC getting raped at the moment! Smiley

Does anybody have info about the Chinese government ban? If this ban is truth and it happens how will this affect BTER and NXT in there? Any danger we can lose all our NXT in BTER if we have them?
most likely be true,but not disclosed by gov.

It is true, except for hong kong and Macau (Special Administrative Regions, their markets are more free than America's)... Basically there are just a bunch of idiots selling, of course the big guys sold off before the leak anticipating the fallout, and everyone followed.  

When you see a 6k - 14k (BTC) buy, then hop in as soon as possible, until then GTFO out of bitcoin, I sold mine for NXT on dgex a few hours ago (you might have noticed the volume spike  Wink).

4  Alternate cryptocurrencies / Altcoin Discussion / Re: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution on: March 24, 2014, 03:14:46 PM
What if I told you that you could mine NXT while getting rid of crappy alt-coins?

If you're interested you can check it out here.

http://www.hashrate.org/

NXT is pure innovation... This is a win-win situation, no?
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 24, 2014, 04:30:33 AM
My bitbucket account was been hacked, all my project files are gone... I still have eclipse backups though Smiley.

Someone is trying to hurt NXT...
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 23, 2014, 10:51:37 PM
From what I understand tf uses deterministic selection based on specific environmental variables to form a consensus on who will be able to forge next... I don't think the devs at mastercoin know what they're talking about, at all.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 23, 2014, 08:08:40 PM
UDP? Why on earth would udp be used over tcp?? Multicast applications?

Not over TCP. Over IP.

So I guess it's for realtime transaction multicasting?
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 23, 2014, 08:00:08 PM
In the end we'll have clients that prepare and sign transactions completely locally and send them via UDP.

UDP? Why would udp be used over tcp?? Multicast applications?
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 23, 2014, 04:06:29 AM
Wesley,
Have you considered implementing a random character generator into the nxt client, and then saving that string in a local file encrypted by a password chosen on the first login? It would act as the equivalent of a wallet file.

I can write the scripts for you in whatever language you need...
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Nxt source code flaw reports on: March 22, 2014, 09:03:23 PM
wait i remember having a github account ... let me push it.

10M account/s? That's pretty impressive, I only could push 6.4M on a 3.4GHz laptop.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 22, 2014, 07:45:33 PM
Wow, this thread really explodes when the price starts to rise!
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 22, 2014, 10:33:46 AM
Could you explain what you are working on in more detail?

A decentralized DNS routing system that passes encrypted objects from one peer to another using a hallmarked server as a relay point.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 22, 2014, 10:26:06 AM
Hey ciyam, you see what happens when you push an idea / prototype? Discussion. Which results in new ideas. Good!

There is already a great invention for trust called GPG - maybe if we can help make *that* more user friendly we could integrate its usage *with* the Nxt platform.

I think the idea of "personal" aliases (unique attributes belonging to a user) could be helpful for that (one of those could be GPG fingerprint).


This is what I have been working on, somewhat. I'm using the already available ECC crypto-libraries in NXT instead of GPG/PGP libraries.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this the death of altcoins? on: March 22, 2014, 10:10:03 AM
Yes, and I really hope purposeless alt-coins like flappy-coin die a slow, painful death.

Only new and innovative currencies will survive, NXT, ethereum (spelling?), mastercoin... etc.
15  Economy / Service Discussion / Re: Anyone tried ititch.com ? Im looking for a DNS/Hosting provider who accepts BTC on: March 22, 2014, 10:08:04 AM
I just got scammed by ititch for 1k... In addition they stole my short domain name. Avoid them at all costs.
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 20, 2014, 01:03:29 PM
Refactoring resin webserver for use with encrypted objects. http://www.caucho.com/press/resin-java-web-server-outperforms-nginx/ It outperforms C based engines by a nontrivial margin.

I'm going to need beta testers in about a week  Smiley.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 20, 2014, 04:20:03 AM
Very cool!

Question (since this isn't all of the code obviously): Is this system using shared keys between the transmitter and receiver? That way, even if the hallmarked node is malicious, it can't read the file unless it knows either Peer1 or Peer2's private key.

Another question: What incentive does this hallmarked node receive by providing it's bandwidth to transfer files?

Thanks!

Yes, either the entire object can be encrypted and packed into another object or the individual variables of an object can be packed inside of an object and then sent.

I was thinking something like this...
Code:
byte[] data = SerializationUtils.serialize(dataPacket);
byte[] encryptedObject = Crypto.xorEncrypt(data, position, length, privateKey, publicKey);

Their incentive could be from fees, I can probably hack it in there somewhere.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 20, 2014, 02:35:10 AM
Well, let me provide an update after eight hours of straight programming.

Here is essentially what I will be running with for the decentralized server addition.

In this example Peer1 and Peer2 are not hallmarked, which is why they are using a hallmarked server as a common networking point. The purpose of this is to allow the two "peers" to send serialized objects to each other without taking up a large amount of bandwidth on the NXT network.

Here is what a serverRequest object looks like.
Code:
class serverRequest implements Serializable {  

private  int wantedPeer;
private  String sharedNode;
private  java.util.Date date = new java.util.Date();
private  long time;
private  int sender;
private byte[] signature;


public  serverRequest(int receiver, int sender, String sharedNode){
this.sharedNode = sharedNode;
this.account = sender;
this.wantedPeer = receiver;
this.time = date.getTime();

long packetLong = Long.valueOf(sharedNode) + account + time + wantedPeer;
byte[] packetByte = ByteBuffer.allocate(8).putLong(packetLong).array();
this.signature = Crypto.sign(packetByte, secretPhrase);
}

}

Establish a shared hallmarked server connection.
  • Peer1 chooses a  hallmarkedServer to share a connection with Peer2
  • Peer1 sends the serverRequest object to all hallmarkedServer(s) in peerList.
  • hallmarkedServer(s) check their peerList to see if they are connected to Peer2
  • if they are not the hallmarkedServer(s) broadcast the signed request to all the hallmarkedServer(s) they are connected to.
  • if they are connected to Peer2 they send the serverRequest to Peer2
  • Peer2 connects to IP (sharedNode) in request packet
  • Peer2 sends a signed timestamp + sharedServer packet to the shared server (essentially just verifying the serverRequest)
  • the shared server will now relay all serialized objects sent from Peer1 to Peer2 (on port 6666) and vice-versa.
Countermeasure to "passive" denial of service
   Every minute a object with the amount of sent data during the last minute is sent to hServer
   hServer sends this to the other Peer
   If this packet is not received by the other peer the shared hServer is forgotten and a new sharedServer is found
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 19, 2014, 06:30:50 PM
I think I now see what BCNext's grand vision was, and is.

I have temporarily put aside  NXT "Facebook" to make a distributed networking addition to the source code.

20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 18, 2014, 11:21:01 PM
What makes your project different?

Asymmetric client side encryption.
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