NXT :: descendant of Bitcoin - Updated Information

[CIYAM]

So here I've gone back to the 1st simulation configuration but now added a new "combined best streak" which combines all the accounts apart from the last one:

blocks = 1440
a: 10
b: 10
c: 10
d: 10
e: 10
f: 50
ebfcefffcefffcafffcfedafffcfbaacaaaffffffeabafdfcdfffeffcfcfffaffdfbaffbeafeafe fbfdfbffbfdaffdcafceffcbafeffadafffafedffaccdecfabafe
fefcbafafcfeffffdadcfbffbbafbfaeeffbffbefacffafeddfbafeafdfbfebfefcfffebfcadffc ffffafeafbebbefffabcfeffefbdfefcadaafedbfffafafcffeff
dfecfafbdfbfcfbdfffffdfffadbfffbfbafffedadaebafffafbfffafccaefbcabfcaffaffffcff fdfffffaafcfbfcfdcafcfaefcedcfffbfffcfafdcddaacfacdde
fafabffccfeffafdbfdfcbfaccffebcefefffeadacfbecedfdbbffeccbbfacbefffbffffffefcff fffdaffcebffbbfdcbefafffecfffaffaffffffbffedfdcffbfaf
fffbfffffebdadeffffaffbbfcfdfcffaaffffcaffeffeefffaffcecfcffdfffffbfaffffdbdaff eccfffffbfefeadffffeedefcffcdbfbfffefffafadffddbdfcef
cbbddccbffbffcceaadfbcffffdfebeaebfedeffcfbfaddcbaabccfffffaadfffffadeffffdcffffaccfffcbfdbffffcddaeeafdebfcfffcdcddffeafafbeffbfffa
fffaffcbfcffefcaafeafffffcebafadbffefebfdfcffefffcfefcfdfafeffbbfaffbfdffafffda cffcfffcfcfbfcbfdeafffaddeffcdfbeffeceaebbfffafdfabff
adffcfdfdaffadbfcffbdcffaffbfdcaaaffefddfffffdfdbefaefcffecfaeecdcddcfedbfcbfdf dfffeafcdffeebfafffbbfacbcfffbbfefffdbfeffafffbfbaffa
ffbffbfbfffaaecdfbfcffffbfcfffbfcafeefdffdfbfafdffceffffdffafdffdfdbffbbfbfaafe edffdfffffaaecdfffffcdfbfbcdcafeeacfeffffefffffdddfdc
cfebfffbfeecdcffcfaaabbbdfbfcbbedfdfbddfffffbfddaffefedfdeffffefbcfecfcefdbfafa efafddabffbeedadffffafffffffcbdbbcffeabadcbefdffbecaf
ffdfdafcfdfbfcffdebdffabffbdaaefefffffdefacdefacfffcafecefabfdcfbffdffefeffffbb ecaaabbffffdbfeefefcbfffafffbfccfcacbffef
wins( a ) = 165
wins( b ) = 156
wins( c ) = 150
wins( d ) = 147
wins( e ) = 146
wins( f ) = 676
best_streak( a ) = 3
best_streak( b ) = 3
best_streak( c ) = 2
best_streak( d ) = 3
best_streak( e ) = 2
best_streak( f ) = 7
best_combined_streak = 10

I've again "bolded" the longest streak which now happens to be our combined one (that hurt my eyes to find).

Running it a few times shows that sometimes the best combined streak is better and at other times worse so I'd say on average it's going to be the same (i.e. "splitting up accounts in to smaller accounts" won't help).

[bitcoinpaul]

Hei Rick,

I can do some quick changes, so the flyer will look a little bit more....modern and clean (speaking of using only one font, not so many colours, etc.).
Did you use Indesign, QuarkX or something else?

Feel free to send me a downloadlink of the raw data via PM.

w4llace

Great!

[ChuckOne]

Fair was not a good expression, I admit. Let's just discuss this stuff with security of the network in mind.

Good - as security of the network and blockchain are the "most important things" (I think we can all agree that if either the network or blockchain are damaged badly it would not bode well for Nxt).

What definition of security do you apply? Just to get sure we are talking about the same thing.

[bitcoinpaul]

Running it a few times shows that sometimes the best combined streak is better and at other times worse so I'd say on average it's going to be the same (i.e. "splitting up accounts in to smaller accounts" won't help).

Boooo.

I like your approach.

[ChuckOne]

So here I've gone back to the 1st simulation configuration but now added a new "combined best streak" which combines all the accounts apart from the last one:

blocks = 1440
a: 10
b: 10
c: 10
d: 10
e: 10
f: 50
ebfcefffcefffcafffcfedafffcfbaacaaaffffffeabafdfcdfffeffcfcfffaffdfbaffbeafeafe fbfdfbffbfdaffdcafceffcbafeffadafffafedffaccdecfabafe
fefcbafafcfeffffdadcfbffbbafbfaeeffbffbefacffafeddfbafeafdfbfebfefcfffebfcadffc ffffafeafbebbefffabcfeffefbdfefcadaafedbfffafafcffeff
dfecfafbdfbfcfbdfffffdfffadbfffbfbafffedadaebafffafbfffafccaefbcabfcaffaffffcff fdfffffaafcfbfcfdcafcfaefcedcfffbfffcfafdcddaacfacdde
fafabffccfeffafdbfdfcbfaccffebcefefffeadacfbecedfdbbffeccbbfacbefffbffffffefcff fffdaffcebffbbfdcbefafffecfffaffaffffffbffedfdcffbfaf
fffbfffffebdadeffffaffbbfcfdfcffaaffffcaffeffeefffaffcecfcffdfffffbfaffffdbdaff eccfffffbfefeadffffeedefcffcdbfbfffefffafadffddbdfcef
cbbddccbffbffcceaadfbcffffdfebeaebfedeffcfbfaddcbaabccfffffaadfffffadeffffdcffffaccfffcbfdbffffcddaeeafdebfcfffcdcddffeafafbeffbfffa
fffaffcbfcffefcaafeafffffcebafadbffefebfdfcffefffcfefcfdfafeffbbfaffbfdffafffda cffcfffcfcfbfcbfdeafffaddeffcdfbeffeceaebbfffafdfabff
adffcfdfdaffadbfcffbdcffaffbfdcaaaffefddfffffdfdbefaefcffecfaeecdcddcfedbfcbfdf dfffeafcdffeebfafffbbfacbcfffbbfefffdbfeffafffbfbaffa
ffbffbfbfffaaecdfbfcffffbfcfffbfcafeefdffdfbfafdffceffffdffafdffdfdbffbbfbfaafe edffdfffffaaecdfffffcdfbfbcdcafeeacfeffffefffffdddfdc
cfebfffbfeecdcffcfaaabbbdfbfcbbedfdfbddfffffbfddaffefedfdeffffefbcfecfcefdbfafa efafddabffbeedadffffafffffffcbdbbcffeabadcbefdffbecaf
ffdfdafcfdfbfcffdebdffabffbdaaefefffffdefacdefacfffcafecefabfdcfbffdffefeffffbb ecaaabbffffdbfeefefcbfffafffbfccfcacbffef
wins( a ) = 165
wins( b ) = 156
wins( c ) = 150
wins( d ) = 147
wins( e ) = 146
wins( f ) = 676
best_streak( a ) = 3
best_streak( b ) = 3
best_streak( c ) = 2
best_streak( d ) = 3
best_streak( e ) = 2
best_streak( f ) = 7
best_combined_streak = 10

I've again "bolded" the longest streak which now happens to be our combined one (that hurt my eyes to find).

Running it a few times shows that sometimes the best combined streak is better and at other times worse so I'd say on average it's going to be the same (i.e. "splitting up accounts in to smaller accounts" won't help).

I am not certain where we are heading. We are talking about the selfish-mining attack?

[CIYAM]

I am not certain where we are heading. We are talking about the selfish-mining attack?

Call it what you like - the problem is what are the implications if a forger "hides their blocks" in order to track and create a better fork and what should TF do in order to minimise the risk of damage.

[Pouncer]

Opportunity

Can someone develop an Nxt equivalent of Proof of Existence so that NMAC (and other Virtual Corporations) can register itself like this company did on the Bitcoin blockchain? This well written prospectus can also be registered and published using the same method, making it official and "legal”. It gives a greater sense of legitimacy and serves as a show case of how the Nxt ecosystem can provide similar or better safeguards for investors normally enforced through government or centralized means.

ANNOUNCEMENT

https://i.imgur.com/OPXxu1r.png

Best regards,
Landomata
Secretary
Nxt Mobile Applications Company

[ChuckOne]

So here I've gone back to the 1st simulation configuration but now added a new "combined best streak" which combines all the accounts apart from the last one:

blocks = 1440
a: 10
b: 10
c: 10
d: 10
e: 10
f: 50
ebfcefffcefffcafffcfedafffcfbaacaaaffffffeabafdfcdfffeffcfcfffaffdfbaffbeafeafe fbfdfbffbfdaffdcafceffcbafeffadafffafedffaccdecfabafe
fefcbafafcfeffffdadcfbffbbafbfaeeffbffbefacffafeddfbafeafdfbfebfefcfffebfcadffc ffffafeafbebbefffabcfeffefbdfefcadaafedbfffafafcffeff
dfecfafbdfbfcfbdfffffdfffadbfffbfbafffedadaebafffafbfffafccaefbcabfcaffaffffcff fdfffffaafcfbfcfdcafcfaefcedcfffbfffcfafdcddaacfacdde
fafabffccfeffafdbfdfcbfaccffebcefefffeadacfbecedfdbbffeccbbfacbefffbffffffefcff fffdaffcebffbbfdcbefafffecfffaffaffffffbffedfdcffbfaf
fffbfffffebdadeffffaffbbfcfdfcffaaffffcaffeffeefffaffcecfcffdfffffbfaffffdbdaff eccfffffbfefeadffffeedefcffcdbfbfffefffafadffddbdfcef
cbbddccbffbffcceaadfbcffffdfebeaebfedeffcfbfaddcbaabccfffffaadfffffadeffffdcffffaccfffcbfdbffffcddaeeafdebfcfffcdcddffeafafbeffbfffa
fffaffcbfcffefcaafeafffffcebafadbffefebfdfcffefffcfefcfdfafeffbbfaffbfdffafffda cffcfffcfcfbfcbfdeafffaddeffcdfbeffeceaebbfffafdfabff
adffcfdfdaffadbfcffbdcffaffbfdcaaaffefddfffffdfdbefaefcffecfaeecdcddcfedbfcbfdf dfffeafcdffeebfafffbbfacbcfffbbfefffdbfeffafffbfbaffa
ffbffbfbfffaaecdfbfcffffbfcfffbfcafeefdffdfbfafdffceffffdffafdffdfdbffbbfbfaafe edffdfffffaaecdfffffcdfbfbcdcafeeacfeffffefffffdddfdc
cfebfffbfeecdcffcfaaabbbdfbfcbbedfdfbddfffffbfddaffefedfdeffffefbcfecfcefdbfafa efafddabffbeedadffffafffffffcbdbbcffeabadcbefdffbecaf
ffdfdafcfdfbfcffdebdffabffbdaaefefffffdefacdefacfffcafecefabfdcfbffdffefeffffbb ecaaabbffffdbfeefefcbfffafffbfccfcacbffef
wins( a ) = 165
wins( b ) = 156
wins( c ) = 150
wins( d ) = 147
wins( e ) = 146
wins( f ) = 676
best_streak( a ) = 3
best_streak( b ) = 3
best_streak( c ) = 2
best_streak( d ) = 3
best_streak( e ) = 2
best_streak( f ) = 7
best_combined_streak = 10

I've again "bolded" the longest streak which now happens to be our combined one (that hurt my eyes to find).

Running it a few times shows that sometimes the best combined streak is better and at other times worse so I'd say on average it's going to be the same (i.e. "splitting up accounts in to smaller accounts" won't help).

Could you build a frequency distribution of all the combined and the f streaks? I guess a normal distribution without deeper consideration.

[SkillRoad]

CCTV2 reported  MTGox event,
Glimpse of Nxt .

http://www.nxts.info/data/attachment/forum/201402/26/130832vdeew6sdttoee6n7.jpg

Good advertising NXT

[CIYAM]

Now someone had suggested we don't let the winner be the same as the last winner. Let's modify our last example to do that:

blocks = 1440
a: 10
b: 10
c: 10
d: 10
e: 10
f: 50
fdfacfedafcfdafafebfedcfdfcecfbdefecfcfdfefafefefdfdbdfcfebfbfdafdfcafadabefcfa ecfbdfdfafcdfdfafcfedfcfafbfefefefbfedfdfcfadfcbfcfec
fcbcafbcfdfcfebefefdfafcebafcdefebfebdefecfbdfbfcebafcafeacbdefefdbfefafafaefbe dfcfececfbfcfbcfefebcbcfbafbafcbfecefcfefefcdafdfabdf
dfdfeafdfcfbfedfdfefacfdafcbfcfedefcafbfdcacefefecfbefbfbefbfeadbcedfedfdfdfbfe bfcecbecfbfafefefdfedfabafafefbcfefbfefadfcfcdafedfec
fdfefbefcecedefcfefdfcdafdfcfcecefebdfcacfefefdfaefdafcfbfcfbfcbfebabfdfefdfecf dfbadfefbfbfcbefcfcfadafdfefdfcfaecfebfeafedbacfbdbfc
bfcfacfefdafbebdfabafcfafdbfdfefafdcdbfbefbfcfefadfdacfbcdbdefefdcfcebafdfaefbf cdfafdefdfcebdaebaeabdfdefcfdfbfdbfefcebcfafcfdfefefb
dfefcdfdebfdfcdfdafdfbdfeafdafbefbcbfbfdafbfcaefedfbfbfbfafdfcbfbfdbebfcaefdefe fcebefdfcbeafeafdfcefefbfefcdadcadfdfdfbcfdefefeacfdf
cbfefefbafbfdfdfefcbfdfecfefafdfdfcdfbdfdafbdfcbfefcefdbfefcfcdafcdfcfbfdfefefd febfdefefdfcfefdecbcdacafdbafecfecfafdbfefefefefcfcfd
efdfdafdafedfbfcaecfeafdfefbdcfafebcfdbdfbefbfdfabfafdfabfdfefcfdfcfbfaefebfdcd fbfefcfbfefdebafebfadafcfbfefcfcfcadbfdfcfefcfcfbfdaf
abfcfafbfefdfdfafcfdfadfefdfecfbdfcfefdfefcbfdecbfcafeafcefedfbefcefcfbefefcdfe fcbfefbafcfafefefefcbcafefcbfbfefadfedfadfefdfdefafdf
dfbafceabfefdfcfdfafcafabfbefeadbfcfafbafcfdfceaecfefdadfcfdcefcfefefbfefcfedfb fbcfcfbafbfdefbfcbecfdfefdefefcfbfefefdfefdabafbcfefc
efcdfdcfacdeadefdbacfabfdbdfdefcfcdcafaedfefefdfdfbfdcefdfadfdfbeafbfcfcbfdfcfa fbfebfbfdcfdabeabdfbfcecacdacfceafcfcfcfd
wins( a ) = 138
wins( b ) = 168
wins( c ) = 190
wins( d ) = 203
wins( e ) = 220
wins( f ) = 521
best_streak( a ) = 1
best_streak( b ) = 1
best_streak( c ) = 1
best_streak( d ) = 1
best_streak( e ) = 1
best_streak( f ) = 1
best_combined_streak = 12

Well our best combined streak is 12 - so I don't think that the limit a streak to 1 is going to help us either.

[allwelder]

But how do you calculate SHA256 with this? It only gives me SHA1 and MD options.
Thanks

Download this: http://blog.nfllab.com/archives/152-Win32-native-md5sum,-sha1sum,-sha256sum-etc..html

you can also try online SHA generator.
http://hash.online-convert.com/sha256-generator

[instacalm]

But how do you calculate SHA256 with this? It only gives me SHA1 and MD options.
Thanks

Download this: http://blog.nfllab.com/archives/152-Win32-native-md5sum,-sha1sum,-sha256sum-etc..html

you can also try online SHA generator.
http://hash.online-convert.com/sha256-generator

On Linux use sha256sum /path/to/file
On OS X use shasum -a 256 /path/to/file

Windows...

[wesleyh]

Just talked to bittrex, they have only 86 signups from nxt at the moment..

You should all go and sign up.

Go to https://bittrex.com/Account/Register and use SUPPORT_NXT as the invite code. This gets you past the invite code queue. Place some trades, enabled 2FA, or try any of our other features to help us stress the site before the final launch. If you find a bug, we're handing out bug bounties as well. Having a great exchange helps us but also helps the NXT community.

[wakasaki808]

Just talked to bittrex, they have only 86 signups from nxt at the moment..

You should all go and sign up.

Go to https://bittrex.com/Account/Register and use SUPPORT_NXT as the invite code. This gets you past the invite code queue. Place some trades, enabled 2FA, or try any of our other features to help us stress the site before the final launch. If you find a bug, we're handing out bug bounties as well. Having a great exchange helps us but also helps the NXT community.

Only 14 more needed to register with SUPPORT_NXT invite code to get to the 100 needed!!!

LET'S DO IT PEOPLE!!!

[allwelder]

CCTV2 reported  MTGox event,
Glimpse of Nxt .

http://www.nxts.info/data/attachment/forum/201402/26/130832vdeew6sdttoee6n7.jpg

Good advertising NXT

Yes,it is really useful for more people know that there is a new thing named Nxt.

[mcjavar]

Just talked to bittrex, they have only 86 signups from nxt at the moment..

You should all go and sign up.

Go to https://bittrex.com/Account/Register and use SUPPORT_NXT as the invite code. This gets you past the invite code queue. Place some trades, enabled 2FA, or try any of our other features to help us stress the site before the final launch. If you find a bug, we're handing out bug bounties as well. Having a great exchange helps us but also helps the NXT community.

Done.

[BloodyRookie]

There must be something wrong in your simulation.

The figures skew as the larger stake holder gets bigger due to the way the math is done (you can see when I publish it) but in any case if anything it might be showing slightly "better" results that the reality (certainly not worse).

Slightly? In your simulation (A has 10 nxt, B has 90 nxt) A forges 25.5% of the blocks when it should forge only 5.5%. That's big difference! B should have much longer streaks I think.

[CIYAM]

Slightly? In your simulation (A has 10 nxt, B has 90 nxt) A forges 25.5% of the blocks when it should forge only 5.5%. That's big difference! B should have much longer streaks I think.

Okay - a bit more than "slightly" in the 90/10 case.

Let's not focus on the 90/10 case for now (the other cases work much better in the simulator) but sure I grant you that the actual streaks could well be much *larger* that what I've showed for the worst case (I just want people to realise that long winning streaks are very much *possible*).

I am more interested in the 50/50 cases at this stage (if there is any "bug" in my code causing the skew as the percentages get higher then it won't matter if we just focus on those cases for now).

[igmaca]

I would like introduce to the discussion the concept of sharing fees when small account decide to use a pool for receive fees more frequently over time.

Everybody talks about "leasing forging power of a account to another account to create pools". This involves reducing the number of nodes to the number of pools.

I maintain that it is better to keep the funds and forging power of each small account in the small account node

Is Not better the concept of sharing fees if your account is successful and forge?

who can refute my idea?

[CIYAM]

who can refute my idea?

Try writing your idea in math or in a simulator rather than just trying to ask people to "refute" it.