Trezor for Nxt... It's alive!  And it's working:  |
|
|
|
|
Are the 4000 stakes being reduced inline with the number of socks taken out? Or do the devs/marketing/bounties etc. just keep more of the stakes (2433.5/4000)?
|
|
|
|
Bitcoinpaul was something like -250 within the first couple of weeks of nxtforum. Not because he was (and still is) a d*ck but because his avatar was Leonardo Di Caprio  Others tried to balance him out and now his applaud/bitcoinpauls are even. It is thought that Bitcoinpaul has become a direct proxy for the Universe. So all nxtforum members have a duty to keep him 'in balance', lest bad things will befall all humanity. |
|
|
|
CynicSOB still hasn't convinced any of his theory and has yet to put his attack into practice yet, one day soon hopefully!
I'm being cryptic about issue #2 because I don't want to reveal the fruits of my work without knowing if there is going to be a bounty and because I want to test if it applies against other coins.
But #1 should be easy to understand. Detailed instructions:
1) Gather 20% of staking weight and do not forge (yet)
2) at block height H send a tx to a victim on the main chain (to be included in block H+1)
3) fork to a private chain at block height H. A private chain is a chain that is the same as the main chain until block H but then stops listening to new blocks or new tx. It also stops publishing found blocks
4) create a new tx that would conflict with the one in step 2 and put it in your private chain.
5) forge your private chain with your 20% weight, ignoring other people's blocks. After your tx has 10 confirmations, and your victim accepted the tx you made in step 2, publish your chain. There is a 1 in 1000 chance that yours will have more cummulative difficulty. In that case, your fork is accepted and you have successfully double spent.
6) profit!
Of course, this should be optimized so you do step 2 only if you know that you'll succeed.
So, not multiple branch forging: only a private branch in parallel to the main chain. It's a short-range attack not directly related to what has been described as N@S.
Your chance to make successful attack is negligible even compared to 1/2^10 (~0.1%) chance. Here's why: 1. After "switching off' the network we can consider two networks then, one yours with 0.2*X forging stake and others with 0.8*X. 2. As last common block is generated by X stake, retargeting is needed for both networks. 3. But retargeting is limited, next target value could be within 0.5x...2x of previous 4. So others network will retarget smoothly and yours not, so your cumulative difficulty(which is sum(1/baseTarget) will be worse. And I see no way to know that you'll succeed in prior. Simulation of such attack could be done very quickly with our tool https://github.com/ConsensusResearch/ForgingSimulation, Haskell knowledge is needed though. I bet andruiman already did such things, but has to ask him, we started with such things in November so I've forgotten  |
|
|
|
Seems to be the latest one to pop up, best settings instructions included TIP on minting TORUM SHA3, for those Billionaire Minters, who almost cracked the 100 Billion border: If you have the hashing power available. The limit is 1'509'000'000 ᚦ per mint at the most. This means a difficulty of 3'018'000'000, until half of all TORUM are minted. After that difficulty will rise to 7'036'000'000 if you go for the maximum TORUM to mint. NXTmint Java Minter works great on high end GPU's, it seams. But to get those amounts of TORUM you'll probably need one or more GPU's blasting at least 150MHps... (Yep, that is a wild guess.) Minting 1'509'000'000 ᚦ at a time is the maximum set by the NXT Monetary System, being 1/10'000st of the total amount of TORUM to be released. There is one minter who is about to top the 100 Billion TORUM! It is almost like in Highlander... |
|
|
|
UI update! User toenu has joined the FreeMarketLite team and has begun overhauling the UI of freemarketlite.comChanges that have gone live: - Pagination
- Searchable listings
- Category filtering
Matthew N.B. Freemarket and FreeMarketLite are software that are being developed independently. |
|
|
|
*snip*
(e.g. some kind of "fairness", which perhaps includes no premining etc.).
Define "fairness" please. |
|
|
|
If you have time they don't... https://www.ccedk.com Nxt has fiat pairs available in: EUR USD GBP DKK SEK NOK CHF RUB UAH CNY |
|
|
|
Come-from-Beyond has an announcement brewing... 1557d4fdfc59fc42f44fb83e6bd65e8fed75dfe8b8dfd4339b597eef657d9b1f I'll reveal the text (its hash is above) after my bitcoinpaul count exceeds applauds. In 21 days it will become irrelevant, so I add a deadline on 1st of April. PS: If those 4 persons who already gave me 4 bitcoinpauls are not satisfied with the altered version of the agreement then they can contact me via PM and I'll refund the bitcoinpauls back to them. |
|
|
|
Buy BDSM, Nibble and Confessioncoin 
|
|
|
|
At least they did their homework! Nextcoin, for example, offers a P2P marketplace for goods
and services and an asset exchange for decentralised trading, supports the use of so-called coloured
coins, which function as records of transactions made in other items (e.g. property, commodities
or securities), offers a messaging/chat service and a domain name system (DNS) service which
maps alphanumeric text like VCS addresses to shorter names or account/e-mail addresses, phone
numbers or codes. |
|
|
|
No. I want to keep myself as far as possible from jl777 scams.
LOL, I think jl777 already delivered a lot of amazing work to prove he is no scammer ... troll Could you give some examples of these "amazing work"? Multigateway.org Dustributed crypto exchange, BTC, NXT, BTCD, DOGE and others. Nxtfreemarket.com Decentralised ebay. Soon, decentralised exchange Instantdex. Then anonymous transactions and more. He has been working everyday for well over a year and tangible products are coming off the production line. If these were easy problems to solve, then every crypto would have these features. NXT has a serious problem in marketing imho. I think it's time for them to stay away from BTT and start trying to make it without this circus over here. Where would you suggest to go? |
|
|
|
No. I want to keep myself as far as possible from jl777 scams.
LOL, I think jl777 already delivered a lot of amazing work to prove he is no scammer ... troll Could you give some examples of these "amazing work"? Multigateway.org Dustributed crypto exchange, BTC, NXT, BTCD, DOGE and others. Nxtfreemarket.com Decentralised ebay. Soon, decentralised exchange Instantdex. Then anonymous transactions and more. He has been working everyday for well over a year and tangible products are coming off the production line. If these were easy problems to solve, then every crypto would have these features. |
|
|
|
 Raspberry PIs are still rocking it |
|
|
|
|
Along with 6-7 other cryptos IIRC. A number that can only grow over time.
|
|
|
|
Could have fooled me |
|
|
|
|
Show Posts
