NXT :: descendant of Bitcoin - Updated Information

[gbeirn]

Two screenshots of what I've been busy with for my NXT Solaris client. To be released over the weekend, since I need a rest.

Market view



Personal account management showing NXT values in other currencies


Be careful with the market view, though. You know, it's closed source and I might have something in there that influences the markets in the direction I want...  

Killer!

Any news on how to make this kind of open-source for trustfulness?

Define "kind of open source". :-)

It already is partial open source. Full open source is not going to happen.

My take on this: Define how much you are willing to risk based on the level of trust that you have for a software. Only enter account secrets for accounts that have assets that matches your level of trust and accepted risk, e.g. create small asset accounts with another software and only enter secrets for these small stake accounts in my software. You could still use the "view only" functionality for your big stake accounts in my client and of course all other functions that don't require you to enter a secret.

If we rise funds for this project, is any chance that it could be open source?

I'm sure the community is happy to pay you for this great work (I will personally add funds), but we will need this 100% open source.
Even if it is sexy is no point using it if I can find another client 100% open source.

I think the problem was (not sure if its this client or not) that the program used to write it could not be open sourced due to the libraries used. So without an entire re-write, it wouldn't be possible.

[1714196080]

1714196080

[TwinWinNerD]

Two screenshots of what I've been busy with for my NXT Solaris client. To be released over the weekend, since I need a rest.

Market view



Personal account management showing NXT values in other currencies


Be careful with the market view, though. You know, it's closed source and I might have something in there that influences the markets in the direction I want...  

Killer!

Any news on how to make this kind of open-source for trustfulness?

Define "kind of open source". :-)

It already is partial open source. Full open source is not going to happen.

My take on this: Define how much you are willing to risk based on the level of trust that you have for a software. Only enter account secrets for accounts that have assets that matches your level of trust and accepted risk, e.g. create small asset accounts with another software and only enter secrets for these small stake accounts in my software. You could still use the "view only" functionality for your big stake accounts in my client and of course all other functions that don't require you to enter a secret.

If we rise funds for this project, is any chance that it could be open source?

I'm sure the community is happy to pay you for this great work (I will personally add funds), but we will need this 100% open source.
Even if it is sexy is no point using it if I can find another client 100% open source.

I think the problem was (not sure if its this client or not) that the program used to write it could not be open sourced due to the libraries used. So without an entire re-write, it wouldn't be possible.

this! Was already discussed.
Someone with those libraries can decompile the code and verify legitemecy.

[erik__]

Two screenshots of what I've been busy with for my NXT Solaris client. To be released over the weekend, since I need a rest.

Market view



Personal account management showing NXT values in other currencies


Be careful with the market view, though. You know, it's closed source and I might have something in there that influences the markets in the direction I want...  

Killer!

Any news on how to make this kind of open-source for trustfulness?

Define "kind of open source". :-)

It already is partial open source. Full open source is not going to happen.

My take on this: Define how much you are willing to risk based on the level of trust that you have for a software. Only enter account secrets for accounts that have assets that matches your level of trust and accepted risk, e.g. create small asset accounts with another software and only enter secrets for these small stake accounts in my software. You could still use the "view only" functionality for your big stake accounts in my client and of course all other functions that don't require you to enter a secret.

If we rise funds for this project, is any chance that it could be open source?

I'm sure the community is happy to pay you for this great work (I will personally add funds), but we will need this 100% open source.
Even if it is sexy is no point using it if I can find another client 100% open source.

As a community we really need to discourage all users to use your clients. It would be really bad image if some users money get stolen.

Exactly. This software will always been seen as shady if it remains closed source, as it should be if people are following even half intelligent due diligence. It is unacceptable considering what is at stake and no bounties should be given to the project. You could even be 100% honest, but there ends up being critical flaws in your software that expose users to risk/loss. Sorry marcus03. If you have spent any amount of time in the crypto community you should know better.

It looks nice but it not being open-source software is a non-starter for me and hopefully many other Nxters.  I hope someone is developing an open-source cross platform client if we're retiring the java web-based one.

[rickyjames]

So, quick question.  Say you are making a random new NXT password using 2 thru 9, a thru k, m thru n and p thru z so a field of 32 characters. What is the length of such a password to achieve maximum entropy /security, where adding one or more additional characters buys you no additional security?

that is an easy one. 100 digits, because all digits after that are ignored

Little less, you'll get maximum entropy with 32 symbols, but the thing is, the question is ill formed.

Consider one of strings over this alphabet:
23456789abcdefghijkmnpqrstuvwxyz

does it look secure to you?

Technically that is no more or less random than any other 32 character string, it just looks that way because of human pattern recognition.  Humans would try that string "first" so it is not a "random pull". 

Let me ask it another way.  How many possible total NXT accounts are there?  What is the algorithm applied to your secret phrase to generate the account number?  It's some combination of SHA-256 and Curve 25519, right?   

[BitAddict]

Then it should be getting an entire re-write.

+1.

With bounty for marcus03 and the one who rewrites it.

[Damelon]

Did I miss Nxt being added to this list as one of the "big and important" cryptos?

https://bitcointalk.org/index.php?topic=134179.0

Looking at the date I have... :/

[TwinWinNerD]

Then it should be getting an entire re-write.

+1.

With bounty for marcus03 and the one who rewrites it.

Sounds like a plan, but marcus03 has to be onboard of that.

[cellone]

I tried http://nxtra.org/faucet/

I provided my account ID, email ID and captcha and while clicking submit I am getting the error "Invalid request".

[TwinWinNerD]

Did I miss Nxt being added to this list as one of the "big and important" cryptos?

https://bitcointalk.org/index.php?topic=134179.0

Looking at the date I have... :/

It is there for quite some time, but still awesome

[Damelon]

Did I miss Nxt being added to this list as one of the "big and important" cryptos?

https://bitcointalk.org/index.php?topic=134179.0

Looking at the date I have... :/

It is there for quite some time, but still awesome

Thought so.
I should get outside this thread more :p
But it's cozy and warm

[Mistafreeze]

The thing that amazes me the most about people that scream "Open Source" is that at least 90% wouldn't be able to even read the code.

[bitcoinpaul]

The thing that amazes me the most about people that scream "Open Source" is that at least 90% wouldn't be able to even read the code.

That's a different story...

[mczarnek]

Maybe it's far too late but regarding voting, I'd say tiers of voting,  all accounts that have at least 10 Nxt in them get 1 vote, all above 100 Nxt get 2 votes, all above 1000, get 3 votes,  doesn't need to be those numbers.. but something along those lines.

[dzarmush]

Nxt price now
dgex @9079
bter @8580
Interesting

so, arbitrage between the 2 is doable?

Yes, but sometimes it's risky. Yesterday I sent Btc from Bter to Dgex and was waiting 4 or 5 hours for the transactions to be processed on Bter side. By the moment money arrived on Dgex the price was 15% higher.

[drdops]

Unthinkingly I lodged more btc to DGEX without reading up on their new fees. Feeling pretty stupid considering BTER has zero. I have vague memories of the ructions in the thread surrounding the fees which now seem justified. They are exorbitant-1.4% to withdraw btc! How does anyone continue to trade there?

[admiral.fu]

Two screenshots of what I've been busy with for my NXT Solaris client. To be released over the weekend, since I need a rest.

Market view



Personal account management showing NXT values in other currencies


Be careful with the market view, though. You know, it's closed source and I might have something in there that influences the markets in the direction I want...  

Killer!

Any news on how to make this kind of open-source for trustfulness?

Define "kind of open source". :-)

It already is partial open source. Full open source is not going to happen.

My take on this: Define how much you are willing to risk based on the level of trust that you have for a software. Only enter account secrets for accounts that have assets that matches your level of trust and accepted risk, e.g. create small asset accounts with another software and only enter secrets for these small stake accounts in my software. You could still use the "view only" functionality for your big stake accounts in my client and of course all other functions that don't require you to enter a secret.

Marcus03, again, this is fantastic!

Will absolutely use it in "view" until it gains trust. Maybe there is enough community movement and funding to rewrite the "offending" libraries.
Count me in at least for funding. In the meantime i am reading about Qt.

[Thingamajig]

Unthinkingly I lodged more btc to DGEX without reading up on their new fees. Feeling pretty stupid considering BTER has zero. I have vague memories of the ructions in the thread surrounding the fees which now seem justified. They are exorbitant-1.4% to withdraw btc! How does anyone continue to trade there?

For me it's more of a "The devil you know".

DGEX was the first site i bought nxt on - not too long ago. I stick with it because i've not had any problems other than fee's and perhaps long wait times for withdrawals or deposits.

And really, being the first ever exchange I just accept it; without it's efforts NXT wouldn't be where it is today. Nonetheless i think they seriously need to reconsider their stance here.

Exactly. This software will always been seen as shady if it remains closed source, as it should be if people are following even half intelligent due diligence. It is unacceptable considering what is at stake and no bounties should be given to the project. You could even be 100% honest, but there ends up being critical flaws in your software that expose users to risk/loss. Sorry marcus03. If you have spent any amount of time in the crypto community you should know better.

Totally agree with this. Marcus may have honest intentions, may not. Either way keeping it closed source is not really with the spirit of the community. What marcus has done looks absolutely awesome however.




OT-

Hi guys. Long time lurker, first time poster.

[Damelon]

Hi guys. Long time lurker, first time poster.

Your powers of Lurking are impressive indeed!

[admiral.fu]

Micro-bounty offer.

Just a small idea for marketing activities at the coming "Inside Bitcoin" events. We could have a win/win lottery for collected business cards. Like every contact who left a card could receive say 20 NXT, and three of them could go up to 100, 500 or even 1000 NXT. This would attract interest.

Now the best proposal on how to arrange this with the least management (emailing back and forth, managing lists etc.) gets 50 NXT.

I too participate in this contest. My idea is that we "create" and top up accounts where the passphrase is their email. And Then we notify them to collect the monies and transfer them somewhere safe.

[okaynow]

Feeling pretty stupid considering BTER has zero.

0.2% trade fees at bter but if you hit my sig, you get 10% discount on all trading fees for 6 months

WTF linux why must you suck so bad?

may i suggest http://distrowatch.com/?newsid=07996 ?