NXT :: descendant of Bitcoin - Updated Information

[opticalcarrier]

IMO, if we are to use a prefix, it should ONLY be N and not NXT, and then there should be no dash between the N and the rest of the account.

Then it will do nothing for branding, because it will just look like part of the address (that's also true for the ridiculous NxxxxXxxxxT scheme).

I also prefer short addresses, but since some people strongly believe in branding we added an optional "NXT-" prefix.

the fact that its THERE though.  at the very front.

accomplishes the same function

I dont particularly care for the N prefix AT ALL.  but if we absolutely MUST then please just make it part of the address, with no dash.  it removes the balance of the address.

[pocesar]

the only thing that I see is "unequal" (as in capitalism) is that, the more the person has, the more he will have. what if it was truly random instead of giving huge amount of coins for people with already a lot of coins. that's the thing I don't understand.

[NxtChg]

To avoid the situation were people choose weak password, there is a simple solution.
Do not let them choose. The client should generate an account itself.

It would be like the bitcoin private keys. Hidden from the user, unless he's looking for it.

That would ruin the whole idea of brain wallet. Plus kill a lot of fun we have with simple passphrases and maybe some legitimate uses for short passwords.

Clients should not enforce the passphrase. Clients should have:

a) strong password gen, which prefills the passphrase for you

b) key stretching algorithm, same for all clients

Client devs, did you organize yet and decided what it will be?

[opticalcarrier]

nxt: 6666386410
(50 NXT if you can beat this vanity acct)

I bet ur account. Send 50 NXT to 800913308 plz.

http://localhost:7874/nxt?requestType=decodeToken&website=&token=rgoq0m7lg2g349ok1kv93g8arpqh4uo66r7rgb0std9tvmfeb7d8k8kvckd2vl0019hb5ge1l35cl82fenfqnuao911a6egpc7p1bh9dm4s09lf4g5bddn1kugca3jgh62ahfogi9iartjs5f0kn3sc5s4v36og8

OK Ill pay, but I dont think you beat me.  Not with FOUR consecutive leading 6's there.

for the record, I also have 180261721 but elected to not use it for the contest as I believe 6666386410 is superior to it as well

give me a bit to figure out my BTER account

[FrictionlessCoin]

That would ruin the whole idea of brain wallet. Plus kill a lot of fun we have with simple passphrases and maybe some legitimate uses for short passwords.

Curious,  like what use?

[Come-from-Beyond]

nxt: 6666386410
(50 NXT if you can beat this vanity acct)

I bet ur account. Send 50 NXT to 800913308 plz.

http://localhost:7874/nxt?requestType=decodeToken&website=&token=rgoq0m7lg2g349ok1kv93g8arpqh4uo66r7rgb0std9tvmfeb7d8k8kvckd2vl0019hb5ge1l35cl82fenfqnuao911a6egpc7p1bh9dm4s09lf4g5bddn1kugca3jgh62ahfogi9iartjs5f0kn3sc5s4v36og8

OK Ill pay, but I dont think you beat me.  Not with FOUR consecutive leading 6's there.

for the record, I also have 180261721 but elected to not use it for the contest as I believe 6666386410 is superior to it as well

Ah, u meant 4 same digits in a row. Never mind then.

[nakaone]

any updates regarding nexerms client?

[freigeist]

To avoid the situation were people choose weak password, there is a simple solution.
Do not let them choose. The client should generate an account itself.

It would be like the bitcoin private keys. Hidden from the user, unless he's looking for it.

But to do that,  then you need a wallet.   That's because the user will not be able to memorize the key.

Nxt doesn't have a wallet.  

Somebody earlier in this thread suggested to make composite passwords
with separator character or withoud it anyway.

1st part is user pass that he chooses  and
2nd part is randomly generated by the client software.

NXT pasword = 1st_part+2nd_part

2nd part is encrypted and stored locally on the machine in "wallet.dat"
or how you would like to call it but 1st part is never stored.

To unlock the account user needs to enter 1st part in the client software
then the client will retrieve the 2nd part and concatenate them together.

NXT password will be 1str_part+2nd_part.

If wallet.dat is stollen it wont be possible
to use the password as then would be encrypted and also
the 1st parts will be missing.

[Come-from-Beyond]

Feds preparing for sale of 76000 bitcoins. Bitcoins moving out of the wallet.

Time for hedging or NXT/BTC won't change?

[gimre]

nxt: 6666386410
(50 NXT if you can beat this vanity acct)

I bet ur account. Send 50 NXT to 800913308 plz.

http://localhost:7874/nxt?requestType=decodeToken&website=&token=rgoq0m7lg2g349ok1kv93g8arpqh4uo66r7rgb0std9tvmfeb7d8k8kvckd2vl0019hb5ge1l35cl82fenfqnuao911a6egpc7p1bh9dm4s09lf4g5bddn1kugca3jgh62ahfogi9iartjs5f0kn3sc5s4v36og8

OK Ill pay, but I dont think you beat me.  Not with FOUR consecutive leading 6's there.

for the record, I also have 180261721 but elected to not use it for the contest as I believe 6666386410 is superior to it as well

give me a bit to figure out my BTER account

I have 920318146, haven't "verified" it yet though. I won't forget to brag when I'll find something more cool.

[NxtChg]

the fact that its THERE though.  at the very front. accomplishes the same function

No, it doesn't. It will ruin vanity generators ("NJOHN-1234" instead of "NXT-JOHN-1234") and it will look like part of a random string in all other cases:
NFKJ4-FSE5-56SF-FSJR6V
N9G7J-G2JK-L6O9-7DR7VK

I dont particularly care for the N prefix AT ALL.  but if we absolutely MUST then please just make it part of the address, with no dash.  it removes the balance of the address.

We don't have to. The prefix is optional, thus it can be "NXT-". If you prefer short addresses you just don't add it at all. Probably will be an option in clients.

[xyzzyx]

Seen in NRS peers:

pakis.no-ip.biz      pakis.no-ip.biz      0      8 B      3'754 B      NRS (0.5.11) @ MK802IIIS

MK802IIIS is a ~$50 USD Android TV stick that can also run Linux.

So we've got Raspberry Pis and Cubies running NRS, and now perhaps a low-cost mini PC stick.

Neat.

[xyzzyx]

Feds preparing for sale of 76000 bitcoins. Bitcoins moving out of the wallet.

Time for hedging or NXT/BTC won't change?

Where are those BTC from?  

Confiscated in the Silk Road bust.

Edit: nope, these are not the ones confiscated.

[bitcoinpaul]

AM Contest entry

PLEASE SEE THE YOUTUBE VIDEO OF NXTTY APP IN ACTION

http://www.youtube.com/watch?v=Gj0CRqoNsYc&feature=youtu.be

Nice!

[S3MKi]

Feds preparing for sale of 76000 bitcoins. Bitcoins moving out of the wallet.

Time for hedging or NXT/BTC won't change?

Where are those BTC from?  

Confiscated in the Silk Road bust.

Edit: nope, these are not the ones confiscated.

http://clip2net.com/s/6IzwA2
topic deleted

[achimsmile]

nxt: 6666386410
(50 NXT if you can beat this vanity acct)

I bet ur account. Send 50 NXT to 800913308 plz.

http://localhost:7874/nxt?requestType=decodeToken&website=&token=rgoq0m7lg2g349ok1kv93g8arpqh4uo66r7rgb0std9tvmfeb7d8k8kvckd2vl0019hb5ge1l35cl82fenfqnuao911a6egpc7p1bh9dm4s09lf4g5bddn1kugca3jgh62ahfogi9iartjs5f0kn3sc5s4v36og8

OK Ill pay, but I dont think you beat me.  Not with FOUR consecutive leading 6's there.

for the record, I also have 180261721 but elected to not use it for the contest as I believe 6666386410 is superior to it as well

give me a bit to figure out my BTER account

I have 920318146, haven't "verified" it yet though. I won't forget to brag when I'll find something more cool.

Hehe you sent some NXT to your account right after me gimre http://87.230.14.1/nxt/nxt.cgi?action=33

I have 878890562, and revealed my public key. I swear i found the password for #727445544 but I lost the password   such a beauty

[mezzovide]

nxt: 6666386410
(50 NXT if you can beat this vanity acct)

I bet ur account. Send 50 NXT to 800913308 plz.

http://localhost:7874/nxt?requestType=decodeToken&website=&token=rgoq0m7lg2g349ok1kv93g8arpqh4uo66r7rgb0std9tvmfeb7d8k8kvckd2vl0019hb5ge1l35cl82fenfqnuao911a6egpc7p1bh9dm4s09lf4g5bddn1kugca3jgh62ahfogi9iartjs5f0kn3sc5s4v36og8

OK Ill pay, but I dont think you beat me.  Not with FOUR consecutive leading 6's there.

for the record, I also have 180261721 but elected to not use it for the contest as I believe 6666386410 is superior to it as well

give me a bit to figure out my BTER account

I have 920318146, haven't "verified" it yet though. I won't forget to brag when I'll find something more cool.

Hehe you sent some NXT to your account right after me gimre http://87.230.14.1/nxt/nxt.cgi?action=33

I have 878890562, and revealed my public key. I swear i found the password for #727445544 but I lost the password   such a beauty

consider mine! 

[Come-from-Beyond]

consider mine! 

Ur 889362800 looks similar to my 800913308

[achimsmile]

consider mine! 

pretty! sent you a NXT  from mine 

[TwinWinNerD]

Who is the owner of the blockexplorer?

The "statistics" page shows a chart of the daily fees. I would like to see this data, but there was a day with 500.000 NXT fee that just fucks up the whole data. Would it be possible to make a log chart?

http://87.230.14.1/nxt/nxt.cgi?action=40&sub=4

http://87.230.14.1/nxt/nxt.cgi?action=40&sub=7

silly me, thanks!

My theory is, that even though the number of transactions will be higher in the future, the absolute amount of NXT spent as fees will decline steadily with the rising price of NXT.