NXT :: descendant of Bitcoin - Updated Information

[bitoktlk]

 Yesterday - 155 visitors, more than 550 views.
They could go and on your website.

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[Agent86]

My other concern is what if someone has computers creating a database brute force of 20 digit account numbers and corresponding passphrases that open those account numbers, then they just constantly scan the blockchain for accounts that are sent NXT for the first time that haven't sent NXT out yet and if the number matches a number in their database they can go grab the coins immediately?

That sound like a serious issue to me. Any other toughts on this subjet by other members?

EDit: with 64bits per account, to store every accounnts number, it requires a dictionnary of about 2048 petabytes... neverminds!

Anyway, later we'll add "Pay-to-256bit-address" transaction type.

Thanks CfB, I think this is important.  In fact, my opinion is that "Pay-to-256bit-address" should be required to send to address for the first time.  There is a lot of NXT out there at the moment with only 64bit protection just sitting there waiting for someone to work on trying to get it.  I also think it is critical and a high priority that we put in protection against typos ASAP so people don't risk sending their NXT to nowhere.  (this: http://wiki.nxtcrypto.org/wiki/New_Address_Format)

[Bitventurer]

does anyone want to buy a car off me cheap for nxt?? that might get a headline here or there lol seriously like.. :/

which model ?

[dzarmush]

Do we have a speaker for Let's Talk Bitcoin? It's a day time in Europe and Cfb can help to prepare him.

[PeercoinEnthusiast]

Any further thoughts on having a rep on the panel at the Miami Bitcoin Conference for Let's Talk Bitcoin? 

[Bitventurer]

mmm not in the list f my favourites ... but good luck with the sale

[Pericles]

Hello Nxt Community,

I have been studying this Nxt project as much as I can lately and there is certainly a lot to learn. It's all a bit overwhelming. I am trying to get some momentum behind a project that I have recently launched called Bypass - https://bitcointalk.org/index.php?topic=423585 - and I think Nxt and Bypass could co-exist and help each other. Let me explain.

I had gone through 3 different thought processes of implementation:

[1] Start a new system from scratch
[2] Base the Bypass system on Bitcoin or Nxt
...and finally...
[3] Implement Bypass on top of Nxt (like how Mastercoin or Counterparty live on top of Bitcoin)

To do this, I need more information about the arbitrary messaging system (specs, concrete imformation about the arbitrary message contest?, etc.). And any information that anyone has about implementing a Distributed Autonomous Corporation (DAC) or DAC-like sub-systems within the Nxt system would be much appreciated.

If anyone could assist me or direct me to members of this community who might be able to hold discussions with me that would be appreciated.

Thanks,
Perry

Too Long, Didn't Read

I propose we implement a Decentralised Direct Democracy within the Nxt system. This project could bypass conventional governmental institutions globally.

[BaiMangal]

Yesterday - 155 visitors, more than 550 views.
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14 questions in the letters with updates.
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[Coinonaer]

allwelder could you tell us what exactly now is regulated in China regarding BTC?

allwelder: That would be great. I have some fear that my BTC and Ntx are going somehow under the ground at Bter.com, after Chinese New Year (so next month) because the chinese government shut downs Bter. Do you know something more?

[bitoktlk]

Yesterday - 155 visitors, more than 550 views.
They could go and on your website.

http://millionnxthomepage.com/



14 questions in the letters with updates.
Establish new forms of interaction.

Page updated.

the word top (TOП) is spelled in russian
http://millionnxthomepage.com/pixel_list.html

thanks will correct

[Pericles]

...I have recently launched called Bypass - https://bitcointalk.org/index.php?topic=423585 - and I think Nxt and Bypass could co-exist and help each other.

Why, Oh Why... did you have to use "friction-less" in your launch text?!?!?  

I do not understand what you mean? What is wrong with "friction-less"? I thought it implied a non-existent barrier to entry for the Bypass system.

Edit: Is that all that you have to say about the proposal?

[gimre]

The person gets money for smashing (part of?) the code and seeking out every little pimple he/she finds on his/her way.

Where is the problem?

Wait I assumed we were talking about review of math behind Curve + Crypto (and most importantly sign+verify)
and NOT the code itself...

Code is different matter and I'd really avoid mixing those two things...

[Mistafreeze]

...I have recently launched called Bypass - https://bitcointalk.org/index.php?topic=423585 - and I think Nxt and Bypass could co-exist and help each other.

Why, Oh Why... did you have to use "friction-less" in your launch text?!?!?  

I do not understand what you mean? What is wrong with "friction-less"? I thought it implied a non-existent barrier to entry for the Bypass system.

Edit: Is that all that you have to say about the proposal?

Nxt has been being trolled relentlessly by a user named Frictionless-Coin

[bitcoinpaul]

The person gets money for smashing (part of?) the code and seeking out every little pimple he/she finds on his/her way.

Where is the problem?

Wait I assumed we were talking about review of math behind Curve + Crypto (and most importantly sign+verify)
and NOT the code itself...

Code is different matter and I'd really avoid mixing those two things...

"part of". I'm not sure what exactly gets reviewed.

[BitcoinForumator]

...I have recently launched called Bypass - https://bitcointalk.org/index.php?topic=423585 - and I think Nxt and Bypass could co-exist and help each other.

Why, Oh Why... did you have to use "friction-less" in your launch text?!?!?  

I do not understand what you mean? What is wrong with "friction-less"? I thought it implied a non-existent barrier to entry for the Bypass system.

Edit: Is that all that you have to say about the proposal?

Sorry... it was an inside Nxt joke... it has to do with the member FrictionlessCoin FrictionlessCON... you will have to read up on all that though... even mentioning him gets me upset!   

FTFY

[allwelder]

allwelder could you tell us what exactly now is regulated in China regarding BTC?

China deny BTC as currency,but just an special virtual commodity.
And China forbid financial institutions provide service related BTC.
But people can take part in the exchange with undertaking the risk by themselves.

http://www.pbc.gov.cn/publish/goutongjiaoliu/524/2013/20131205153156832222251/20131205153156832222251_.html

[landomata]

allwelder could you tell us what exactly now is regulated in China regarding BTC?

China deny BTC as currency,but just an special virtual commodity.
And China forbid financial institutions provide service related BTC.
But people can take part in the exchange with undertaking the risk by themselves.

http://www.pbc.gov.cn/publish/goutongjiaoliu/524/2013/20131205153156832222251/20131205153156832222251_.html

Well that's good for Nxt Asset Exchange....it removes some of the competition

[Coinonaer]

allwelder could you tell us what exactly now is regulated in China regarding BTC?

China deny BTC as currency,but just an special virtual commodity.
And China forbid financial institutions provide service related BTC.
But people can take part in the exchange with undertaking the risk by themselves.

http://www.pbc.gov.cn/publish/goutongjiaoliu/524/2013/20131205153156832222251/20131205153156832222251_.html

Thank you Sir!

[NxtChg]

Yes, it does.

You know how you look with your money?

"Hey, doc, me and the guys heard yours is a big shot food critic, huh?
So how 'bout yours takeses dis nice wad of cash and writeses us a little review 'bout our new Italian restaurant?
Huh? Whatdya say, doc?"


At least that's the picture that comes to my mind...

[allwelder]

allwelder could you tell us what exactly now is regulated in China regarding BTC?

allwelder: That would be great. I have some fear that my BTC and Ntx are going somehow under the ground at Bter.com, after Chinese New Year (so next month) because the chinese government shut downs Bter. Do you know something more?

China deny BTC as currency,but just an special virtual commodity.
And China forbid financial institutions provide service related BTC.
But people can take part in the exchange with undertaking the risk by themselves.

http://www.pbc.gov.cn/publish/goutongjiaoliu/524/2013/20131205153156832222251/20131205153156832222251_.html

China always prohibit illegal exchange platform.
Many legal platforms,such as BTCchina, OKcoin,and so on ,are still running normally.
Bter is also a legal company as far as I know,and I also trade on it.