NXT :: descendant of Bitcoin - Updated Information

[iruu]

P.S. Still waiting for feedback on blockchain FIFO, not sure why nobody does this.

Finite blockchain was discussed here, I think, about three times by groups of semi-different people, each time almost from the scratch.

One problem with NXT is that full blockchain has to exist, balance sheet is just a local compression method on the disk. Bitcoin doesn't need full blockchain.  

[1714248002]

1714248002

[pinarello]

All,

People that have running projects other than marketing please let us know what your project is.

We want to have a view on all projects and consider bounty for them.

https://bitcointalk.org/index.php?topic=453935.new#new


for marketing projects please go here:


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

[Come-from-Beyond]

Bitcoin doesn't need full blockchain.  

R u sure?

[iruu]

Bitcoin doesn't need full blockchain.  

R u sure?

Obviously I'm not talking about current implementation, but what it needs on the basic, theoretical level.  
In PoW, you only need the chain of proofs, without transactions, which lead you from genesis to the latest balance sheet.
In NXT, you need account balances to verify blocks, so you need full blocks, you just don't need to store them (but someone has to!).  
You can update genesis in newer versions of the client, but that's centralization really...  

[Ola]

hello Ola, how's your Poker project going?
I'm very interested in a completely decentralized gamble games.

its slowly progressing, will announce something soon...also it wouldn't be completely decentralized, at least from from an account settlement point of view..I thinks its impossible to have a completely decentralized poker as long as there is a profit motive rake...

Neither without the profit motive rake is nearly impossible as the game state should be kept
and all peers should agree on the current game state.

this is fundamental and possible with schemes like shamir's secret sharing and such...profits to sharesholders complicates things

[Bitventurer]

http://www.wired.co.uk/news/archive/2014-01/27/bitcloud
http://maidsafe.net/

Any new ideas here? Decentralized internet and cloud services based on the (Nxt) platform, coupled  with a currency and a Proof of Work (or Service) system, that gives the users an initiative to provide space and resources?

I live up the road from Kim Dot Com and he's very approachable. Perhaps he could play a role.

Kim is a lone wolf, but we could try?!

his working on his own platform/coin I believe he mentioned this on the Keiser report... or is it BCnext ?

[Come-from-Beyond]

In PoW, you only need the chain of proofs, without transactions, which lead you from genesis to the latest balance sheet.
In NXT, you need account balances to verify blocks, so you need full blocks, you just don't need to store them (but someone has to!).  

I see.

[Ola]

everyone should go to this site :  https://www.coinpayments.net and try to get NXT on their merchant payment platform...they have several coins on  the payment platform might eventually be more popular than www.bitpay.com since they offer business owners so many options which would only incentivize the coin creators / holders to promote the merchant platform..

I have requested NXT be added here: https://www.coinpayments.net/coinreq

check out the coins they support: https://www.coinpayments.net/supported-coins

They have a lot of businesses signed up:

main directory:
https://www.coinpayments.net/store-directory


Gaming directory:
https://www.coinpayments.net/store-directory-5-0-Gaming

You should go here  https://www.coinpayments.net/coinreq  

to  email/ re-request NXT!

[freigeist]

hello Ola, how's your Poker project going?
I'm very interested in a completely decentralized gamble games.

its slowly progressing, will announce something soon...also it wouldn't be completely decentralized, at least from from an account settlement point of view..I thinks its impossible to have a completely decentralized poker as long as there is a profit motive rake...

Neither without the profit motive rake is nearly impossible as the game state should be kept
and all peers should agree on the current game state.

this is fundamental and possible with schemes like shamir's secret sharing and such...profits to sharesholders complicates things

Really! I though that could be a problem having 10 poker client peers connected between them
without 3rd party server as the majority of the clients in the game could be altered to cheat and collude.
I though something like sybil attack would be possible in this case as the network is formed only
by small amount of peers.

I will check that secret sharing that you mentioned.

[pinarello]

everyone should go to this site :  https://www.coinpayments.net and try to get NXT on their merchant payment platform...they have several coins on  the payment platform might eventually be more popular than www.bitpay.com since they offer business owners so many options which would only incentivize the coin creators / holders to promote the merchant platform..

I have requested NXT be added here: https://www.coinpayments.net/coinreq

check out the coins they support: https://www.coinpayments.net/supported-coins

They have a lot of businesses signed up:

main directory:
https://www.coinpayments.net/store-directory


Gaming directory:
https://www.coinpayments.net/store-directory-5-0-Gaming

You should go here  https://www.coinpayments.net/coinreq  

to  email/ re-request NXT!

I think for that reason we have sponsored swarm teams.

I think uniquorn runs them teams

[MyZhre]

hello Ola, how's your Poker project going?
I'm very interested in a completely decentralized gamble games.

its slowly progressing, will announce something soon...also it wouldn't be completely decentralized, at least from from an account settlement point of view..I thinks its impossible to have a completely decentralized poker as long as there is a profit motive rake...

Neither without the profit motive rake is nearly impossible as the game state should be kept
and all peers should agree on the current game state.

this is fundamental and possible with schemes like shamir's secret sharing and such...profits to sharesholders complicates things

Thanks, I'll read some more paper about this

[Ola]

hello Ola, how's your Poker project going?
I'm very interested in a completely decentralized gamble games.

its slowly progressing, will announce something soon...also it wouldn't be completely decentralized, at least from from an account settlement point of view..I thinks its impossible to have a completely decentralized poker as long as there is a profit motive rake...

Neither without the profit motive rake is nearly impossible as the game state should be kept
and all peers should agree on the current game state.

this is fundamental and possible with schemes like shamir's secret sharing and such...profits to sharesholders complicates things

Really! I though that could be a problem having 10 poker client peers connected between them
without 3rd party server as the majority of the clients in the game could be altered to cheat and collude.
I though something like sybil attack would be possible in this case as the network is formed only
by small amount of peers.

I will check that secret sharing that you mentioned.

you can use any number of schemes to ensure that the integrity of each client is cross verified by each peer and maintained during gameplay
collusion can never be completely eradicated in 'online poker' its even still a big problem for the big poker sites but these sites have  big budgets for any damage control..You can definitely bring collusion to a minimum by using a combination of several economic technical methods like

-anonymous tables: randomly assigning players to randomly selected tables in bet categories -big enough pool of players and players are assigned to tables randomly,You choose a game, but you get assigned randomly to a table
-also ip filtering (maybe tor detection? still trying to figure out the merit of this)
-assigning fees to join table
-live video/audio feeds especially for high stakes
-if only less than certain threshold of players are available, only 1vs 1 games will be available:

Of course you can have private tables...but its probably implicitly known that players at the tables know each other

[Ola]

hello Ola, how's your Poker project going?
I'm very interested in a completely decentralized gamble games.

its slowly progressing, will announce something soon...also it wouldn't be completely decentralized, at least from from an account settlement point of view..I thinks its impossible to have a completely decentralized poker as long as there is a profit motive rake...

Neither without the profit motive rake is nearly impossible as the game state should be kept
and all peers should agree on the current game state.

this is fundamental and possible with schemes like shamir's secret sharing and such...profits to sharesholders complicates things

Thanks, I'll read some more paper about this

start with "mental poker"

[Passion_ltc]

Thank you to the guy who trust me and donated 50 NXT to me on tipNXT.com!

(He used an account with 92,300 NXT!!)


I hope that with the time the trust issue will be resolved, because I'm planning a big site with similar issues.

[BloodyRookie]

http://www.wired.co.uk/news/archive/2014-01/27/bitcloud
http://maidsafe.net/

Any new ideas here? Decentralized internet and cloud services based on the (Nxt) platform, coupled  with a currency and a Proof of Work (or Service) system, that gives the users an initiative to provide space and resources?

I live up the road from Kim Dot Com and he's very approachable. Perhaps he could play a role.

Kim is a lone wolf, but we could try?!

Please don't cooperate with this guy. I remember him from the Phreaking scene back in the early 90s. He always does damage to a community!

[msin]

I think there is a big possibility in quickly pay or tip via a smartphone/tablet.

I think there is a big possibility in rainbow unicorn, so what?

Nxt is better that Bitcoin because paying via web is built-in feature. Just host your node and connect to it.

I don't understand your issue with this, its another feature that adds value to Nxt.  Is it personally affecting you in some way?  Try to be more constructive, Passion_ltc is a valued member of the community and he's built some great products so far.

[l8orre]

@CfB or JLP

I am seeing some rather strange values on the TESTNET. Is this a bug, or is it a feature? ANd if it is a bug, is it in my client?

look at lastBlock and cumulDiff -are these values sound?

thanks!

[Come-from-Beyond]

@CfB or JLP

I am seeing some rather strange values on the TESTNET. Is this a bug, or is it a feature? ANd if it is a bug, is it in my client?

look at lastBlock and cumulDiff -are these values sound?

thanks!


https://i.imgur.com/jIs6jEr.png

I see nothing strange. Why do u think that something wrong?

[l8orre]

large values, esp. cumulDiff - but I don't know in which way they are measured... so I know I don't have any messup with str or int conversion,
thanks!

[EmoneyRu]

I don't understand your issue with this, its another feature that adds value to Nxt.  Is it personally affecting you in some way?  Try to be more constructive, Passion_ltc is a valued member of the community and he's built some great products so far.

Some nice centralized based-on-trust feature? Exactly what I want to see in Nxt. Give me 2 of them