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Author Topic: The Centralized NXT IS BEING DEAD  (Read 15412 times)
goosoodude
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December 21, 2015, 10:29:44 PM
 #201

What happened to TF, any ETA on its implementation? Its surprising that after all this time there is still no TF when it was one of the features promised on launch.


If you understand TF*  == the ability to predict the next block with a high probability... such as said here...

TF is just an ability to "predict" the future. All the other is bells and whistles.

... then it has been implemented since block 30,000 (1st January 2014)

You can see it alive and kicking, predicting the next forger, here



Otherwise you will have to ask a more specific question as I am not sure what else to tell you.



*Transparent Forging

 I thought that once TF was implemented the debilitating block times would go away. I guess I misunderstood, in which case the block times are an issue.






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December 22, 2015, 04:01:54 AM
 #202

What happened to TF, any ETA on its implementation? Its surprising that after all this time there is still no TF when it was one of the features promised on launch.


If you understand TF*  == the ability to predict the next block with a high probability... such as said here...

TF is just an ability to "predict" the future. All the other is bells and whistles.

... then it has been implemented since block 30,000 (1st January 2014)

You can see it alive and kicking, predicting the next forger, here



Otherwise you will have to ask a more specific question as I am not sure what else to tell you.



*Transparent Forging

 I thought that once TF was implemented the debilitating block times would go away. I guess I misunderstood, in which case the block times are an issue.

Block times are going to be resolved in 1.7 to my knowledge.

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December 22, 2015, 05:13:07 AM
 #203

Oh altcoin subforum you're so fun, too many people try and sway opinions to make their holdings go up and it is just rampant in this thread. I am taking my leave of it, newbies pay attention. Don't Trust a lot of these posters.














 

 

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Blocktree
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December 27, 2015, 02:15:13 AM
 #204

NXT died last night!
https://bitcointalk.org/index.php?topic=1298246.0
 Grin

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December 27, 2015, 02:18:14 AM
 #205

Quote

The NXT Foundation / Tennessee Marketing Project Is a Joke

https://bitcointalk.org/index.php?topic=1288698.0

Idiots post some bullshit papers so called for marketing. Grin

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December 27, 2015, 02:40:31 AM
 #206

https://bitcointalk.org/index.php?topic=345619.msg5567483#msg5567483
Quote

My guess is that what they really want is just a few large players working as a tight group to control the network (it would explain the reason why so few were included in the IPO also - things like 21 BTC are just red herrings to my thinking).

Ok,the truth,

At the just beginning,the 73 holders as centralized node validating transactions.

Now,NXT add more hardcoded checkpoints to make it work.

NXT IS CENTRALIZED to achieve consensus,and NXT network will suspend or rewrite easily without these checkpoints.

Worst design,just copy bitcoin with stake replacing mining hash.

 Grin

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▬▬▬▬▬      Powered by Semux BFT consensus algorithm      ▬▬▬▬▬
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December 27, 2015, 08:27:35 AM
 #207

https://bitcointalk.org/index.php?topic=345619.msg5567483#msg5567483
Quote

My guess is that what they really want is just a few large players working as a tight group to control the network (it would explain the reason why so few were included in the IPO also - things like 21 BTC are just red herrings to my thinking).

Ok,the truth,

At the just beginning,the 73 holders as centralized node validating transactions.

Now,NXT add more hardcoded checkpoints to make it work.

NXT IS CENTRALIZED to achieve consensus,and NXT network will suspend or rewrite easily without these checkpoints.

Worst design,just copy bitcoin with stake replacing mining hash.

 Grin

When NXT becomes larger, it will not needs too many check points. It is still in early stages, but bitcoin 5 years ago.

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December 29, 2015, 01:34:11 AM
 #208

https://bitcointalk.org/index.php?topic=345619.msg5567483#msg5567483
Quote

My guess is that what they really want is just a few large players working as a tight group to control the network (it would explain the reason why so few were included in the IPO also - things like 21 BTC are just red herrings to my thinking).

Ok,the truth,

At the just beginning,the 73 holders as centralized node validating transactions.

Now,NXT add more hardcoded checkpoints to make it work.

NXT IS CENTRALIZED to achieve consensus,and NXT network will suspend or rewrite easily without these checkpoints.

Worst design,just copy bitcoin with stake replacing mining hash.

 Grin

When NXT becomes larger, it will not needs too many check points. It is still in early stages, but bitcoin 5 years ago.
Nothing with time stage,just with centralized checkpoints. Grin

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December 29, 2015, 03:00:56 AM
 #209

Can you make a more detailed post about that?  Something a non-technical person can understand.

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December 30, 2015, 06:54:54 AM
 #210

Can you make a more detailed post about that?  Something a non-technical person can understand.
https://www.reddit.com/r/Bitcoin/comments/2pvt1e/proof_of_work_proof_of_stake_and_the_consensus/

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January 01, 2016, 01:23:58 PM
 #211

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

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January 01, 2016, 01:32:21 PM
 #212

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

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BurstIncomeAsset
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January 01, 2016, 01:43:17 PM
 #213

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

It has grown 1% the past days, and it is still in the top 10. And I saw many exciting projects coming up on the forum.

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January 01, 2016, 01:44:09 PM
 #214

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

It has grown 1% the past days, and it is still in the top 10. And I saw many exciting projects coming up on the forum.

Rofl.  Ok.

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#JACKMATE
WIN 1 BTC
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nxtZen
Hero Member
*****
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Activity: 574
Merit: 500



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January 01, 2016, 03:35:18 PM
 #215

To predictors of death of NXT: meet version 1.7.4! Tell about that now that NXT perishes Smiley

-Coin Shuffling, a fully decentralized coin mixing, to improve account privacy.
-Account Control for phased transactions, the Nxt equivalent of multisignature.
-Immediate release of certain types of phased transactions on approval.
-Improved block times, 60 s average, long block times now extremely unlikely.
-Account Properties, assigning arbitrary name/value metadata to user accounts.
-Singleton Assets, useful for representing single tradeable objects.
-Dynamic fees, proportional to the relative transaction size.
-Improved Exchange Booth UI.
-Data Cloud, adding a UI and multiple enhancements to the existing Tagged Data feature, to allow decentralized, censorship-free and tamper-proof publication and retrieval of small files, documents, or arbitrary data. This feature is not dependent on the hard fork and will be fully usable immediately on update to this release.

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.SEMUX
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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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Edsemen
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Activity: 381
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February 04, 2016, 08:12:40 AM
 #216

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

The price is still high. The market cap is about 8 million dollars. It is still worth more than Monero.

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Blocktree
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February 06, 2016, 01:05:44 AM
 #217

To predictors of death of NXT: meet version 1.7.4! Tell about that now that NXT perishes Smiley

-Coin Shuffling, a fully decentralized coin mixing, to improve account privacy.
-Account Control for phased transactions, the Nxt equivalent of multisignature.
-Immediate release of certain types of phased transactions on approval.
-Improved block times, 60 s average, long block times now extremely unlikely.
-Account Properties, assigning arbitrary name/value metadata to user accounts.
-Singleton Assets, useful for representing single tradeable objects.
-Dynamic fees, proportional to the relative transaction size.
-Improved Exchange Booth UI.
-Data Cloud, adding a UI and multiple enhancements to the existing Tagged Data feature, to allow decentralized, censorship-free and tamper-proof publication and retrieval of small files, documents, or arbitrary data. This feature is not dependent on the hard fork and will be fully usable immediately on update to this release.
Wake up,dude.
They need these useless features to dump 1000000000 NXT Coins. Grin

   SEMUX   -   An innovative high-performance blockchain platform   
▬▬▬▬▬      Powered by Semux BFT consensus algorithm      ▬▬▬▬▬
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Blocktree
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February 06, 2016, 01:08:55 AM
 #218

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

The price is still high. The market cap is about 8 million dollars. It is still worth more than Monero.
Think about 21BTC=1000000000NXT=1 Person=73 Sock puppet.LOL Grin

   SEMUX   -   An innovative high-performance blockchain platform   
▬▬▬▬▬      Powered by Semux BFT consensus algorithm      ▬▬▬▬▬
Github    -    Discord    -    Twitter    -    Telegram    -    Get Free Airdrop Now!
Blocktree
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February 06, 2016, 01:10:04 AM
 #219

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

It has grown 1% the past days, and it is still in the top 10. And I saw many exciting projects coming up on the forum.
SHIT ASSET. Grin

   SEMUX   -   An innovative high-performance blockchain platform   
▬▬▬▬▬      Powered by Semux BFT consensus algorithm      ▬▬▬▬▬
Github    -    Discord    -    Twitter    -    Telegram    -    Get Free Airdrop Now!
Blocktree
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Activity: 184
Merit: 100



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February 06, 2016, 01:12:12 AM
 #220

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

The price is still high. The market cap is about 8 million dollars. It is still worth more than Monero.
You can easily set price 1NXT=1BTC when holding all coins. Grin

   SEMUX   -   An innovative high-performance blockchain platform   
▬▬▬▬▬      Powered by Semux BFT consensus algorithm      ▬▬▬▬▬
Github    -    Discord    -    Twitter    -    Telegram    -    Get Free Airdrop Now!
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