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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2756221 times)
TwinWinNerD
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February 19, 2014, 06:57:03 PM
 #35581

Since you keep referring back to that stackexchange link, some quotes from the man himself:

Quote
As everything is done using javascript in the site is particularly vulnerable to browser exploits including malicious browser extensions. Modern web browsers are much more secure than the internet explorer 6 generation.

Yes, what you don't understand is: All attacks on one Computer will lead to the loss of funds. With your thing and a blockchain type thing. The big difference is, that your service has about 10 more points of attack. If the creator of blockchain goes rouge , we would know that within minutes (as many DO check the source with hashes). If you did that, we would only know AFTER you just transfered ALL balances you collected the passwords for.

Quote
If our servers were compromised the attacker could theoretically alter the javascript files to intercept the users password next time they login. For this to be effective the attack would have to go unnoticed for an extended period of time.

see above


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McDoxy
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February 19, 2014, 06:57:20 PM
 #35582

Maybe change it to a simpler version:

Quote
Unregistered users = 3 votes per hour!
Just click 3 times on the VOTE Button for NXT - that's it!

>>>>>>>>>>>>>>> PLEASE VOTE! <<<<<<<<<<<<<<<
Much color, so many less words, yammy nxt Shocked

We should be in 1st place in a little bit.

Nxt just hit first place with 35k votes! Nice job!

But for how long does Nxt have to stay on first place? Or will the poll end at a specific time?
TwinWinNerD
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February 19, 2014, 06:57:59 PM
 #35583

It wouldn't be difficult at all to develop a blockchain.info version of nxt. The entire thing could be done with a few servers and PHP.

CFB has made it extraordinarily easy to use PHP commands with the API of NXT.

This basic format could be used for transactions, or anything really.
ArrayID->json_decode(file_get_contents(url));

ArrayID is the response in this case.

If I get some free time I can have something that works online, I have a meeting in a hour, if it goes well I should have the rest of the day off.

The problem is (as far as i understand) that local signing is not yet ready!

TwinWinNerD
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February 19, 2014, 06:59:20 PM
 #35584

This is how I see it: I use blockchain.info and I love it. But I don't store all my bitcoins there. I like to spread the bitcoins in 3 or more different baskets, the more I trust a basket the more bitcoins I put there. My offline wallet has the most.

I think it's the same with NXT. For a newbie, that just wants to start using NXT, I think the online wallet is perfect. If you own several thousand or million NXT, I would not recommend putting all of it in the same place, be it the online wallet or a single NXT NRS wallet.

But you could put some in the online wallet in case you need to use them on the go, or at work, etc.. this is how I am going to use it myself.

What i am saying is: your project is very nice, but if you altered your project to a blockchain.info type thing it would be uber-awesome.

That a coldstorage solution is needed is not even debatable!

abuelau
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February 19, 2014, 07:00:10 PM
 #35585

Quote
Yes, what you don't understand is: All attacks on one Computer will lead to the loss of funds. With your thing and a blockchain type thing.

Agreed.

Quote
The big difference is, that your service has about 10 more points of attack.

I don't think so.

Quote
If the creator of blockchain goes rouge , we would know that within minutes (as many DO check the source with hashes). If you did that, we would only know AFTER you just transfered ALL balances you collected the passwords for.[/b]

Maybe.

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coolmist
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February 19, 2014, 07:00:59 PM
 #35586

This is how I see it: I use blockchain.info and I love it. But I don't store all my bitcoins there. I like to spread the bitcoins in 3 or more different baskets, the more I trust a basket the more bitcoins I put there. My offline wallet has the most.

I think it's the same with NXT. For a newbie, that just wants to start using NXT, I think the online wallet is perfect. If you own several thousand or million NXT, I would not recommend putting all of it in the same place, be it the online wallet or a single NXT NRS wallet.

But you could put some in the online wallet in case you need to use them on the go, or at work, etc.. this is how I am going to use it myself.

Excellent points.

I would like to mention that a  trustless newb-friendly online wallet is overkill.
abuelau
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February 19, 2014, 07:01:57 PM
 #35587

This is how I see it: I use blockchain.info and I love it. But I don't store all my bitcoins there. I like to spread the bitcoins in 3 or more different baskets, the more I trust a basket the more bitcoins I put there. My offline wallet has the most.

I think it's the same with NXT. For a newbie, that just wants to start using NXT, I think the online wallet is perfect. If you own several thousand or million NXT, I would not recommend putting all of it in the same place, be it the online wallet or a single NXT NRS wallet.

But you could put some in the online wallet in case you need to use them on the go, or at work, etc.. this is how I am going to use it myself.

What i am saying is: your project is very nice, but if you altered your project to a blockchain.info type thing it would be uber-awesome.

That a coldstorage solution is needed is not even debatable!

Okay. Let's pause this discussion for a while. I will think about the browser side encryption a bit more. In the end of the day, I want to make something that people will use.

Know what's happening in cryptoworld: www.coinschedule.com
TwinWinNerD
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February 19, 2014, 07:02:45 PM
 #35588

This is how I see it: I use blockchain.info and I love it. But I don't store all my bitcoins there. I like to spread the bitcoins in 3 or more different baskets, the more I trust a basket the more bitcoins I put there. My offline wallet has the most.

I think it's the same with NXT. For a newbie, that just wants to start using NXT, I think the online wallet is perfect. If you own several thousand or million NXT, I would not recommend putting all of it in the same place, be it the online wallet or a single NXT NRS wallet.

But you could put some in the online wallet in case you need to use them on the go, or at work, etc.. this is how I am going to use it myself.

What i am saying is: your project is very nice, but if you altered your project to a blockchain.info type thing it would be uber-awesome.

That a coldstorage solution is needed is not even debatable!

Okay. Let's pause this discussion for a while. I will think about the browser side encryption a bit more. In the end of the day, I want to make something that people will use.

Agreed, and i can tell you, if you are the creator of such a service, you will be a rich man in the future Wink

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February 19, 2014, 07:02:55 PM
Last edit: February 19, 2014, 07:19:35 PM by igmaca
 #35589

Quote
Quote
   
Since you keep referring back to that stackexchange link, some quotes from the man himself:

Quote
As everything is done using javascript in the site is particularly vulnerable to browser exploits including malicious browser extensions. Modern web browsers are much more secure than the internet explorer 6 generation.

Quote
If our servers were compromised the attacker could theoretically alter the javascript files to intercept the users password next time they login. For this to be effective the attack would have to go unnoticed for an extended period of time.


Quote
   


10 Immutable Laws of Security.

Law #1: If a bad guy can persuade you to run his program on your computer, it's not solely your computer anymore.
Law #2: If a bad guy can alter the operating system on your computer, it's not your computer anymore.
Law #3: If a bad guy has unrestricted physical access to your computer, it's not your computer anymore.
Law #4: If you allow a bad guy to run active content in your website, it's not your website any more.
Law #5: Weak passwords trump strong security.
Law #6: A computer is only as secure as the administrator is trustworthy.
Law #7: Encrypted data is only as secure as its decryption key.
Law #8: An out-of-date antimalware scanner is only marginally better than no scanner at all.
Law #9: Absolute anonymity isn't practically achievable, online or offline.
Law #10: Technology is not a panacea.


What is Two-Channel Auto-Type Obfuscation?

The Auto-Type feature of KeePass is very powerful: it sends simulated keypresses to other applications. This works with all Windows applications and for the target applications it's not possible to distinguish between real keypresses and the ones simulated by Auto-Type. This at the same time is the main disadvantage of Auto-Type, because keyloggers can eavesdrop the simulated keys. That's where Two-Channel Auto-Type Obfuscation (TCATO) comes into play.

TCATO makes standard keyloggers useless. It uses the Windows clipboard to transfer parts of the auto-typed text into the target application. Keyloggers can see the Ctrl-V presses, but do not log the actual contents pasted from the clipboard.

Clipboard spies don't work either, because only parts of the sensitive information is transferred on this way.

Anyway, it's not perfectly secure (and unfortunately cannot be made by theory). None of the currently available keyloggers or clipboard spies can eavesdrop an obfuscated auto-type process, but it is theoretically possible to write a dedicated spy application that specializes on logging obfuscated auto-type.

Enter Master Key on Secure Desktop (Protection against Keyloggers)
Note: KeePass was one of the first (maybe even the first) password manager that allows entering the master key on a secure desktop!

KeePass 2.x has an option (in 'Tools' -> 'Options' -> tab 'Security') to show the master key dialog on a secure desktop (supported on Windows ≥ 2000), similar to Windows' User Account Control (UAC). Almost no keylogger works on a secure desktop.

The option is disabled by default for compatibility reasons.

KeePass 2.x Only
Note that auto-type can be secured against keyloggers, too, by using Two-Channel Auto-Type Obfuscation.

In an effort to help this brilliant idea is nxt summarize my experience with the problem of security and key management.

first thing I did is get off free keepass program after analyzing several programs , being an open source program and enjoy a high reputation as a program.

then after reading a lot about the key generation choose to use absurd and nonsensical phrases formed by not less than 50 characters memorize words and 2 phrases from roughly 50 characters for the master password kee pass .

Install the plugin otpkeyprov keepass password and activate two factors to open kee pass with google authenticator in my android phone.

the first 50 characters of a sentence and the second sentence of 48 characters to activate google autenthicator 48 characters and match the standard b32 . the advantage of two-factor master password is nobody can not make all phishing password .

Within keepass generate passwords you want including accounts of nxt ( nxt also advise to memorize words and not less than 50 characters consisting of nonsensical words )

Enable tools options " change master key in a secure desktop " every time you open your account using automatic writing nxt
Enable automatic writing on the flap of each password " Obfuscation 2 channel automatic writing"

I hope you can help with these tips. in any case you can write me for any questions in kee pass and handle the "plug in" otpkeyprov .

Finally the technique of two-factor authentication for  nxt client passwords would be a good option against phishing . I leave it open to discussion forum .
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February 19, 2014, 07:16:36 PM
 #35590

Unregistered users = 3 votes per hour!

>>>>>>>>>>>>>>> PLEASE VOTE! <<<<<<<<<<<<<<<

Registered users = 6 votes per hour!


Please quote me, share on Twitter, Facebook, Reddit... thanks!


BUY VOTES FOR NXT!

1 VOTE = 0,00005 BTC
1 BTC = 20,000 VOTES FOR NXT

Website: https://www.mintpal.com/voting
How to? Send your BTC to 1KB2AWLpKByBifkyQLJERhZi4jVDGWMA4n

Each 0.00005000 BTC received will count for 1 vote. All payment votes will be publicly visible, as you can see by clicking here.



I put it on reddit. Can you please upvote it for visibility?
http://www.reddit.com/r/NXT/comments/1yafnz/lets_vote_nxt_into_an_upcoming_exchange_every/
I've posted this on Nextcoin.org too! Almost at the top of Mintpal!!  Grin
https://nextcoin.org/index.php/topic,4104.0.html

Follow the latest blockchain news: https://twitter.com/blockchainguide
pandaisftw
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February 19, 2014, 07:18:26 PM
 #35591

Just a quick update for those not following the other thread: Nxtopia bounty has broken the 20,000 NXT mark after receiving our latest donation from msin.

--

Nxtopia -- MMORPG built on-top of the NXT network

current bounty: 20,500 NXT

5000 - jl777
1000 - swartzfeger (Transaction id: 12550164158045962834)
3000 - chanc3r (Transaction id: 5658009271669858297)
1000 - MyZhre (Transaction id: 8826881503135433086)
3000 - Damelon (Transaction id: 17094914052077797717)
1000 - DrearyUrbanite (Transaction id: 5539495976647418930)
1000 - brooklynbtc (Transaction id:   )
0500 - rdanneskjoldr (Transaction id: 91193539943795488)
5000 - msin (Transaction id:   )

This is an opportunity to support an online game that leverages many of Nxt's advanced features, one of the highlights being a user-driven crafting economy.

Donations can be sent to 13776816462073143763; please include tx id so I can include it when updating this post and making it easier for James to keep track of incoming transactions.

We're also considering implementing a kickstarter-style tier system for bounty donators. These would be cosmetic rewards that wouldn't be available after game launch. Something like:

10 NXT - badge
100 NXT - cap
1000 NXT - cape
10000 NXT - beta access (?)

Depending on how we handle character death/respawning, these items may be also confer a quicker resurrection.

How about an ingame auction house like WOW, but the ingame(atleaset in the auction house) currency is milli NXT or something?

I think you will get banned for that in many MMOS Cheesy...
real cash to items is banable in most of games expetialy in Blizzard games.

Yes, but now WE CAN do that. No one here to swing the banhammer Wink
Better anyway is using ebay and buy whole accounts.
There you have reputation for traders some kind of safety is there,anyway world of MMORPGs is full of scammers. Cheesy

Luckily, the game's asset trading is secured through the NXT Asset Exchange. In order to get scammed, the attacker would have to get past the NXT network.

NXT: 13095091276527367030
Fatih87SK
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February 19, 2014, 07:26:59 PM
 #35592

Unregistered users = 3 votes per hour!

>>>>>>>>>>>>>>> PLEASE VOTE! <<<<<<<<<<<<<<<

Registered users = 6 votes per hour!


Please quote me, share on Twitter, Facebook, Reddit... thanks!


BUY VOTES FOR NXT!

1 VOTE = 0,00005 BTC
1 BTC = 20,000 VOTES FOR NXT

Website: https://www.mintpal.com/voting
How to? Send your BTC to 1KB2AWLpKByBifkyQLJERhZi4jVDGWMA4n

Each 0.00005000 BTC received will count for 1 vote. All payment votes will be publicly visible, as you can see by clicking here.



I put it on reddit. Can you please upvote it for visibility?
http://www.reddit.com/r/NXT/comments/1yafnz/lets_vote_nxt_into_an_upcoming_exchange_every/
I've posted this on Nextcoin.org too! Almost at the top of Mintpal!!  Grin
https://nextcoin.org/index.php/topic,4104.0.html


We're at the top  Grin

farl4web
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February 19, 2014, 07:27:06 PM
 #35593


Hi Damelon, I see a few mentions of clothing here: https://bitcointalk.org/index.php?topic=412243.msg4884267;topicseen#msg48842
That's the beginning of february.

Is someone actively working on this?

I am, with these guys.
At least, I want to start offering apparel and other simple things ASAP once they provide me with some work.

This is a different thing from their branding assignment, as I want this to coincide with the payment system I am also pushing to be developed. The apparel thing is my own project with them. The branding is for the whole community.

Would you be open to cooperation?  Smiley

Cooperation? We can always talk about working together!  Wink
Where are you located? I am from the Netherlands.
Stiekem best veel Nederlanders hier.  Grin


lol jullie zijn buren  Cheesy

Follow the latest blockchain news: https://twitter.com/blockchainguide
ChuckOne
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February 19, 2014, 07:28:11 PM
 #35594

@JL

You told us that in case of an invalid alias transaction, you need to rollback and rescan the complete blockchain again. Couldn't it be possible to force that rescan over and over again?
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February 19, 2014, 07:28:39 PM
 #35595

Unregistered users = 3 votes per hour!

>>>>>>>>>>>>>>> PLEASE VOTE! <<<<<<<<<<<<<<<

Registered users = 6 votes per hour!


Please quote me, share on Twitter, Facebook, Reddit... thanks!


BUY VOTES FOR NXT!

1 VOTE = 0,00005 BTC
1 BTC = 20,000 VOTES FOR NXT

Website: https://www.mintpal.com/voting
How to? Send your BTC to 1KB2AWLpKByBifkyQLJERhZi4jVDGWMA4n

Each 0.00005000 BTC received will count for 1 vote. All payment votes will be publicly visible, as you can see by clicking here.



I put it on reddit. Can you please upvote it for visibility?
http://www.reddit.com/r/NXT/comments/1yafnz/lets_vote_nxt_into_an_upcoming_exchange_every/
I've posted this on Nextcoin.org too! Almost at the top of Mintpal!!  Grin
https://nextcoin.org/index.php/topic,4104.0.html


We're at the top  Grin

Even though I have no idea if this exchange is good or not, I LOVE the fact that we have such an effective SWARM capability!  Grin

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
Join Nxt Slack! https://nxtchat.herokuapp.com/
Founder of Blockchain Workspace | Personal Site & Blog
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February 19, 2014, 07:28:52 PM
 #35596

How about adding NXT on QoinPro to add to their free giveaways? http://www.qoinpro.com/491a1373a2bfdd449a46d530a7cbb5cc
mcjavar
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February 19, 2014, 07:30:09 PM
 #35597

ANNOUNCEMENT!

Asset Exchange is a great tool, but will not succeed without service providers. The most important question is…
How to get legal FIAT out of the IPO?

Let me explain the IPO process using Nxt´s Asset Exchange through our example:
We have a limited liability company (ltd) in Austria with financial reports for the last two years which is accessible online. The owners are known; we will try to provide a reasonable business plan and are ready to attend Q&A sessions so we can wave away all doubts. We are planning to pay dividends regularly to our investors depending of income. 
We are not a startup, but for this project, we will need another office, new developers, and a lot of things related to the daily job which we can´t (yet) pay with Bitcoin or Nxt, so we will definitively need FIAT to make those purchases. We need legal FIAT that the company can spend.
I am pretty sure that after the story with Visacoin (and all the other scammers) most of us will only invest in companies/projects of well-known community members, where the transparency is given, so you know whom you are lending your money. And they will also need a gateway to get legal FIAT out of the IPO.
I decided to consult a tax advisor, a business consultant and a professional offshore consultant to get an overview about the possibilities. And I am more than thrilled about the news I got. Smiley

My offer:
There are several ways for a company to get FIAT out of crypto, paying only a reasonable amount of tax. But all the ways are going through a special company (with special license) that is made for this purpose. There are professionals who know how to set things up in a LEGAL way, without risks. Sure, we need to pay (a reasonable amount of) taxes, but for that, we can have a good night´s sleep without the risk of getting busted for money laundering, tax evasion or something similar. We can have our own company, earn money by charging handling and transaction fees, AND help the community to grow and evolve. I am looking for a well-known community member to team up with to found this special company. I am a member of the community since the end of November and am ready to meet in person, wherever we can arrange it. This is a big opportunity, I think, but I can´t do it alone. I need someone to brainstorm with, to share the ideas, the work, the responsibility, the win and of course the risk of this investment.
Setting up a company (anonymously, so our name will not be linked to it) will cost 15 000 Euro (around 33 BTC or 350 000 Nxt) INCLUDING all costs for setting up the company in the Seychelles, all the consultants fees, and all other connected costs for the first year. From the second year on, the maintenance costs will be around 6000 Euro + an annual turnover tax of 1.5%. Setting up the same company not anonymously would cost 10 000 Euro.

We will be able to help to convert crypto to FIAT, and also to pay the dividends (in a legal way in FIAT) to the investors through our company if the startup doesn´t want to bother with this. Something similar to what Havelock Investment is doing, except, that we will not look for projects and attract investors, as this will be done using Nxt´s Asset Exchange. We step in once the funding was successful and the desired amount of investment was raised by the community.

I´ve already spent around 500 Euros on consulting with the above mentioned guys, so I am very serious about this, but will not start the project alone, just to make this clear.
I will be in Moscow this Friday till Monday and will be in New York in the end of March if someone would like to discuss this in person.
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February 19, 2014, 07:31:16 PM
 #35598

CONFERENCES

please add me back to the one in Nevada.  And if no one else wants to step up to assist rickyjames in Austin, I will for that one as well

In Berlin Salsa got us a discount on "TBC Sponsor" at $1000 (instead of $2500).  Good job negotiating, there, Salsacz!    Asian Prepper is flying in for TBC and also has a friend in Austin with a entrance pass of his own.   So I have put in the names for one pass for me and the other for AP.  I think I am getting a slot in a Alt-coin discussion panel that is still being organized.  I think we are good to go on Austin.  Plus, I am working on a little surprise for Austin that I'll probably unveil here by the weekend....  
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February 19, 2014, 07:37:16 PM
 #35599

Jean-Luc

Please finally confirm, that messages "DEBUG: Block XXXXXXXXXXXXXXXXXXX not accepted. Previous block id doesn't match" are not a problem. I get these messages on 90% blocks of blockchain on my Android TV stick public node. Nobody explained what does it mean and I don't want be a problem on the whole network with my public node.
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February 19, 2014, 07:41:12 PM
 #35600

ANNOUNCEMENT!

Asset Exchange is a great tool, but will not succeed without service providers. The most important question is…
How to get legal FIAT out of the IPO?

Let me explain the IPO process using Nxt´s Asset Exchange through our example:
We have a limited liability company (ltd) in Austria with financial reports for the last two years which is accessible online. The owners are known; we will try to provide a reasonable business plan and are ready to attend Q&A sessions so we can wave away all doubts. We are planning to pay dividends regularly to our investors depending of income. 
We are not a startup, but for this project, we will need another office, new developers, and a lot of things related to the daily job which we can´t (yet) pay with Bitcoin or Nxt, so we will definitively need FIAT to make those purchases. We need legal FIAT that the company can spend.
I am pretty sure that after the story with Visacoin (and all the other scammers) most of us will only invest in companies/projects of well-known community members, where the transparency is given, so you know whom you are lending your money. And they will also need a gateway to get legal FIAT out of the IPO.
I decided to consult a tax advisor, a business consultant and a professional offshore consultant to get an overview about the possibilities. And I am more than thrilled about the news I got. Smiley

My offer:
There are several ways for a company to get FIAT out of crypto, paying only a reasonable amount of tax. But all the ways are going through a special company (with special license) that is made for this purpose. There are professionals who know how to set things up in a LEGAL way, without risks. Sure, we need to pay (a reasonable amount of) taxes, but for that, we can have a good night´s sleep without the risk of getting busted for money laundering, tax evasion or something similar. We can have our own company, earn money by charging handling and transaction fees, AND help the community to grow and evolve. I am looking for a well-known community member to team up with to found this special company. I am a member of the community since the end of November and am ready to meet in person, wherever we can arrange it. This is a big opportunity, I think, but I can´t do it alone. I need someone to brainstorm with, to share the ideas, the work, the responsibility, the win and of course the risk of this investment.
Setting up a company (anonymously, so our name will not be linked to it) will cost 15 000 Euro (around 33 BTC or 350 000 Nxt) INCLUDING all costs for setting up the company in the Seychelles, all the consultants fees, and all other connected costs for the first year. From the second year on, the maintenance costs will be around 6000 Euro + an annual turnover tax of 1.5%. Setting up the same company not anonymously would cost 10 000 Euro.

We will be able to help to convert crypto to FIAT, and also to pay the dividends (in a legal way in FIAT) to the investors through our company if the startup doesn´t want to bother with this. Something similar to what Havelock Investment is doing, except, that we will not look for projects and attract investors, as this will be done using Nxt´s Asset Exchange. We step in once the funding was successful and the desired amount of investment was raised by the community.

I´ve already spent around 500 Euros on consulting with the above mentioned guys, so I am very serious about this, but will not start the project alone, just to make this clear.
I will be in Moscow this Friday till Monday and will be in New York in the end of March if someone would like to discuss this in person.


I am an attorney licensed and practicing in New York, and would be happy to chat with you about this when you make it over here.

PM me for off-forum contact details.

Cheers
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