NXT :: descendant of Bitcoin - Updated Information

[Damelon]

https://www.newaltex.com/ is finally taking off a bit.

this exchange has similar look as Dgex, imo , Graviton's plan B ?
EDIT: or at least same level...

Also, Nxt is being listed on the Dutch portal to Cryptsy: http://www.coinbeurs.nl/
Nxt is also being discussed on the biggest IT/Geeks site of the Netherlands Tweakers.net, but not in a good way (although some people there have stakes).

I was wondering where the boost in traffic to my site was coming from

any discussion is a god discussion , you think Bitcoin wasn’t criticised in the earliest days ?)

First: no, just someone who first wanted the code in place and didn't put in looks first

Two, agreed. I have no worries about criticism, anyway. Mostly, it's healthy.

[jl777]

As I have been digging further, it does seem that the claims against Dan are overblown. My concerns are more that nobody is answering some pretty basic questions about EMU inflation and equilibrium management algorithms. Closed beta also is discouraging as I can't actually run it, but I have seen posts by people I know that say they have run the beta.

My current feeling is that emunie is real, but closed and sole sourced by a single guy who is overworked and overstressed. His logic of cancelling the public IPO due to trolls, just doesn't make sense to me.

In any case, emunie has no CfB so it is doomed

James

[pinarello]

As I have been digging further, it does seem that the claims against Dan are overblown. My concerns are more that nobody is answering some pretty basic questions about EMU inflation and equilibrium management algorithms. Closed beta also is discouraging as I can't actually run it, but I have seen posts by people I know that say they have run the beta.

My current feeling is that emunie is real, but closed and sole sourced by a single guy who is overworked and overstressed. His logic of cancelling the public IPO due to trolls, just doesn't make sense to me.

In any case, emunie has no CfB so it is doomed

James

I have bin beta tester from day one, but not gonna talk about it

[Bitventurer]

Did anyone tried to talk with any other exchanges except btc-e and cryptsy ?  for example the ones that arent so successful , here the full list taken from https://bitcointalk.org/index.php?topic=134179.0  :

Altcoin Exchanges:

https://www.cryptsy.com/
https://btc-e.com/
https://bter.com/
https://www.deleted.com/    <<<< some one should tell this exchanger  that if he will add the pair's NXT:BTC/NXT:USD/NXT:LTC and so on , he will become rich ... forget aboout it , SMELLs scamish

https://mcxnow.com/
https://vircurex.com/
https://www.coins-e.com/
https://btcltc.com/
https://coinex.pw/
http://www.btc38.com/  

EDIT: link deleted , because SCAMish  smell https://bitcointalk.org/index.php?topic=390781.0

[grizmoblust]

does nxt handle 256 character passphase?

[opticalcarrier]

Interesting that the account number 12968364353024827435 sent 100,000 NXT to the account 100000. He is the owner of the domain Gridcoinnetwork.org.
I would like to know if he knows the password for the ID 100000 or did he sent it as a gift for the one who will get the account in the future.  

My bet is that he doesnt know the password to that one  most likely that was a typo when he sent the same amount of coins to the field used for address

does nxt handle 256 character passphase?

I believe the cutoff is 100 characters.  But I dont believe there is anything preventing the use of a wallet.dat type client with 256bit long keys

[Passion_ltc]

So.. Finally..

NXTarea.com now has:

- a new category on the front for forging pools
- a blog system
- a tools section


Please try them out. Now I can finally work on my first game.

[grizmoblust]

does nxt handle 256 character passphase?

I believe the cutoff is 100 characters.  But I dont believe there is anything preventing the use of a wallet.dat type client with 256bit long keys

WTF....  So I could access people's wallet easily anywhere in the world with brute attacks.  Type password, "horsecock111"  Oh look, I found 100,000nxt. Cool!


BCnext, please support 256 characters for security reasons.

[salsacz]

hi page 900

to celebrate it I filled the original post - Nxt marketing & promotion - progress tracking thread - by new articles, videos, books and some other little things. Just watch the topic :

https://bitcointalk.org/index.php?topic=412243.msg4465984#msg4465984

[msin]

I say 3 days until we reach 1000 posts, Arbitrary Messaging will garner a lot of attention and posts in the next two days.

[relm9]

does nxt handle 256 character passphase?

I believe the cutoff is 100 characters.  But I dont believe there is anything preventing the use of a wallet.dat type client with 256bit long keys

WTF....  So I could access people's wallet easily anywhere in the world with brute attacks.  Type password, "horsecock111"  Oh look, I found 100,000nxt. Cool!


BCnext, please support 256 characters for security reasons.

Um, WTF? You won't be able to brute force any 30 + character password that uses a mix of special characters, alpha and numerical even with a super computer so...

[TwinWinNerD]

Interesting that the account number 12968364353024827435 sent 100,000 NXT to the account 100000. He is the owner of the domain Gridcoinnetwork.org.
I would like to know if he knows the password for the ID 100000 or did he sent it as a gift for the one who will get the account in the future.  

My bet is that he doesnt know the password to that one  most likely that was a typo when he sent the same amount of coins to the field used for address

does nxt handle 256 character passphase?

I believe the cutoff is 100 characters.  But I dont believe there is anything preventing the use of a wallet.dat type client with 256bit long keys

What is the sence in using a 256 character password on the wallet.dat if you could just bruteforce the first 100 digits passwords on the client directly?

(I know this is all a very theoretical question, as noone can bruteforce a truly random 100 digit password )

[TwinWinNerD]

Interesting that the account number 12968364353024827435 sent 100,000 NXT to the account 100000. He is the owner of the domain Gridcoinnetwork.org.
I would like to know if he knows the password for the ID 100000 or did he sent it as a gift for the one who will get the account in the future.  

My bet is that he doesnt know the password to that one  most likely that was a typo when he sent the same amount of coins to the field used for address

does nxt handle 256 character passphase?

I believe the cutoff is 100 characters.  But I dont believe there is anything preventing the use of a wallet.dat type client with 256bit long keys

What is the sence in using a 256 character password on the wallet.dat if you could just bruteforce the first 100 digits passwords on the client directly?

(I know this is all a very theoretical question, as noone can bruteforce a truly random 100 digit password )

As I understand it, the 256 bits are checked on outgoing transactions, so you wouldn't be able to send money.

no, a wallet file would be a client side implemention, and if you found the 100 digit private key, you will be able to send it.

[jkoil]

I say 3 days until we reach 1000 posts, Arbitrary Messaging will garner a lot of attention and posts in the next two days.

My guess: 17.01.2014, 05:26:44  (GMT)

[EvilDave]

a nice article:
A New Wave of 2nd Generation Cryptocurrencies: NXT, eMunie, SkyCoin, EarthCoin
http://alunacrypto.blogspot.cz/2013/12/a-new-wave-of-2nd-generation.html

Found some distressing news about emunie developer https://ripple.com/forum/viewtopic.php?f=15&t=5399

Seems he is a known scammer, but it is all third hand, so best if you make your own conclusions. Seems to be very suspicious that the presale was closed based on the reason that trolls took up too much of his time. Huh?

If anybody knows of a serious competitor to NXT, please post about it. Need to know what the competition is up to. At this point, I am putting emunie in the potential competitor category. Until there is an open beta and/or open src, it could all be vaporware for all we know. Has anybody here actually used the beta of emunie?

James

I'm going to conclude that eMunie (scam or not) is toast. Dead. Not happening.
Just read Fuserleers (eMunies lead dev/creator/lord of all creation) post here:

https://bitcointalk.org/index.php?topic=412118.0

The tl:dr version is that eMunie will not launch on schedule because fuserleer is upset by the trolls.
It's a very bad sign for eMunies credibility that one guy can derail what is potentially a massive project because he's a bit upset by criticism.
(...)

How you call in english a person who repeat anonimous accusations without checking them?

I understand that it is a real war with big money on stake but seriously how big thoughtless ignorant you should be to repeat such things? You don't get that it is attack on a real person damaging his reputation?

Here is Dan responce: http://forum.emunie.com/index.php?/topic/36-hi-im-dan/

Internet is part of ppl's real lifes. Recall it yourself next time seeing someone attacking NXT in the same nasty manner...

There is a lot of nasty attacks, blackmails on all altcoins with potential to surpass Bitcoin and change the world. There are real cyberattacks on dgex and NXT infrastructure and reputation too so you should see that this is part of something big is going on here.
 
If you want all of them to survive and be still free of take over / killing them attempts remember that we all are on the same board! And when one is attacked all of us are damaged and targeted.  
 

Have U actually read Dan/fuserleers post on Bitcointalk?
I did, and what he himself said makes me very doubtful about eMunies future. If one person, in response to some criticism, can shut down a major project, then there is a problem with that project.

Look at the amount of criticism/trolling/hacks/DDoS attacks that NXT has gone thru in the last month. Has it been shut down by BCNext ?

I don't want to spread FUD and I am not going to start now, so just read all of the thread and make your own mind up.

EDIT: U will probably notice that I have made no accusations about Dan one way or another, he seems like a nice enough bloke.
I wish him all the best, but I'm not going to rush to invest in eMunie any time soon.

[EvilDave]

Repost from https://forums.nxtcrypto.org/viewtopic.php?f=2&t=530:

Thinking about vote weighting here:

One of the major issues with a voting system is deciding how to weight the votes.

As examples:

One NXT account = one vote will inevitably lead to the creation of zillions (or lots) of sock-puppet accounts purely for voting. Giving an account with 2 NXT the same voting weight as one with 2,000,000 is also unfair on larger stakeholders who have much more invested in NXT than the smaller accounts.

One NXT = one vote will mean that the largest stakeholder will always win, and that anyone who holds less than a million NXT could just as well not vote at all. Not really fair on the smaller accounts, and as NXT gets more evenly distributed (and the price rises ) there will at a certain point only be a few hundred whale accounts (from investors/early adopters) and zillions (or lots) of smaller accounts, some of which may represent a substantial investment of fiat currency for late adopters.

U cant keep everyone happy all of the time.

My proposal is:

One NXT = one vote, with depreciation of voting weight from a certain point.
This is meant purely as an example, so don't jump on my numbers:

Up to 10,000 NXT : one NXT=one vote.
From 10,000 upwards, reduce the voting weight gradually so that by around the 1,000,000 mark one NXT = 0.01 votes, and so on down until there is almost no difference in the voting power of a 5 megaNXT account and a 10megaNXT account.
This will allow everyone with a substantial NXT holding to have a certain amount of voting power, while reducing the ability of whale accounts to decide the results of all votes.

Only problem I can see is that if a whale does want to unfairly influence voting they could split up his/her/its NXT holdings over multiple smaller accounts. However, this seems like a lot of work and would be visilble in the blockchain, if anyone cared to check.

Thats it, let me know what u think. Like I need to ask.....

If u want to reply to this, get yr ass over to:

https://forums.nxtcrypto.org/viewtopic.php?f=2&t=530

[kunibopl]

I find this eMunie thing rather funny. who would start a reasonable cryptocurrency by some nonsense satoshi bashing and then telling his lifestory? his life circled more or less around making the most profit. I won't accuse anyone who's main goal in life is money, but you will find more trustworthy and balanced people than this Dan.

[kunibopl]

@EvilDave: you pointed out the flaw in your VS yourself. A 10 million account can easily create 1000 accounts in an automated way.
he even can do so using mixing services (of any cryptocurrency). in an anonymous system there is no other option than 1NXT 1vote.
But I am still quite curious how this VS is implemented. I don't think it's trivial.
Is there allready some deeper explanation on it?

[wakasaki808]

a nice article:
A New Wave of 2nd Generation Cryptocurrencies: NXT, eMunie, SkyCoin, EarthCoin
http://alunacrypto.blogspot.cz/2013/12/a-new-wave-of-2nd-generation.html

Found some distressing news about emunie developer https://ripple.com/forum/viewtopic.php?f=15&t=5399

Seems he is a known scammer, but it is all third hand, so best if you make your own conclusions. Seems to be very suspicious that the presale was closed based on the reason that trolls took up too much of his time. Huh?

If anybody knows of a serious competitor to NXT, please post about it. Need to know what the competition is up to. At this point, I am putting emunie in the potential competitor category. Until there is an open beta and/or open src, it could all be vaporware for all we know. Has anybody here actually used the beta of emunie?

James

I'm going to conclude that eMunie (scam or not) is toast. Dead. Not happening.
Just read Fuserleers (eMunies lead dev/creator/lord of all creation) post here:

https://bitcointalk.org/index.php?topic=412118.0

The tl:dr version is that eMunie will not launch on schedule because fuserleer is upset by the trolls.
It's a very bad sign for eMunies credibility that one guy can derail what is potentially a massive project because he's a bit upset by criticism.
(...)

How you call in english a person who repeat anonimous accusations without checking them?

I understand that it is a real war with big money on stake but seriously how big thoughtless ignorant you should be to repeat such things? You don't get that it is attack on a real person damaging his reputation?

Here is Dan responce: http://forum.emunie.com/index.php?/topic/36-hi-im-dan/

Internet is part of ppl's real lifes. Recall it yourself next time seeing someone attacking NXT in the same nasty manner...

There is a lot of nasty attacks, blackmails on all altcoins with potential to surpass Bitcoin and change the world. There are real cyberattacks on dgex and NXT infrastructure and reputation too so you should see that this is part of something big is going on here.
 
If you want all of them to survive and be still free of take over / killing them attempts remember that we all are on the same board! And when one is attacked all of us are damaged and targeted.  
 

Have U actually read Dan/fuserleers post on Bitcointalk?
I did, and what he himself said makes me very doubtful about eMunies future. If one person, in response to some criticism, can shut down a major project, then there is a problem with that project.

Look at the amount of criticism/trolling/hacks/DDoS attacks that NXT has gone thru in the last month. Has it been shut down by BCNext ?

I don't want to spread FUD and I am not going to start now, so just read all of the thread and make your own mind up.

EDIT: U will probably notice that I have made no accusations about Dan one way or another, he seems like a nice enough bloke.
I wish him all the best, but I'm not going to rush to invest in eMunie any time soon.

I have the eMunie beta client running right now. Been in Nxt since the price was still real cheap (.000001 btc/nxt) The download page that is linked by the people trying to FUD eMunie is just 1 of the 2 ways to download the client (for beta testers). Don't care if people think I'm a real person or not like some people have been claiming with others. I've never actually seen the download page before somebody posted it and I don't believe the way I download it (there is a link right above the troll-box on the forum) is included in that amount since we get our link from DropBox and not the forum.



link at the top of the trollbox leads to



and not



can't really back up the rest of Dan's history. But as a beta tester I just put my account in the beta tester thread and left the website. Didn't need to invest anything other than my time to post in the thread . At the very least, the client does work and one can generate eMunie from 0 eMunie (doesn't rely on POS other than interest which is very small amount .00050 EMU) in each of the new beta clients(which the wallet is wiped clean for each update).

[utopianfuture]

@wakasaki80 How does it works in general ?