NXT :: descendant of Bitcoin - Updated Information

[Choboy]

YES 2001! YIPEEE!!

[martismartis]

Is it safe to unlock account and forge on public node? Even that this node is my personal?

It's not recommended.

http://wiki.nxtcrypto.org/wiki/FAQ#Are_there_public_servers_I_can_use_for_forging.3F

Even when public node runs on ubuntu, which run on Android TV stick via VNC service?

[JKBtCn]

Once we figure out how to get 10 second block times

10 second block times would be great.

Is this possible?

[CIYAM]

On version 0.8.3, I notice that ssl is disabled.  Is my secret phrase still secure?

Basically if you are using "localhost" then I think using "http" rather than "https" is fine (there is a much greater chance of a key-logger stealing your password).

If you are using your web server remotely then you will need to read up on creating a self-signed SSL certificate in order to use "https".

[ChuckOne]

Once we figure out how to get 10 second block times

10 second block times would be great.

Have you read this?

https://bitcointalk.org/index.php?topic=458036.msg5051186#msg5051186

Guys! Please, read this first.

[leetrump]

Auroracoin   The fourth of the market capitalization
http://www.auroracoin.org/
The Airdrop will start to take place on March 25th 2014 and will target as many Icelanders as possible. There are various means of authenticating Icelanders on the Internet, that will be utilized to execute the Airdrop. About 330,000 Icelanders will be made able to claim f 31.8 each over the following year from the initiation of the Airdrop.

The Airdrop will provide Icelanders with a great opportunity to get to know Auroracoin and use it in their daily lives. It will as well provide a way for them to reach outside the confines of the currency controls.

The Airdrop will be a gift to each and every recipient, for him or her to spend or save.

Further detail on the Airdrop will be posted once it is under way.

[jl777]

Once we figure out how to get 10 second block times

10 second block times would be great.

Have you read this?

https://bitcointalk.org/index.php?topic=458036.msg5051186#msg5051186

"Time of a next block is determined by the time of the previous block and by the base target. The base target is a part of Bitcoin legacy that should be left behind, it doesn't make sense to wait when next block is mined coz we already know who will do it. And we can mine blocks at a fixed rate, for example, every 60000 ms (exactly 1 min). When Internet becomes faster we will switch to a smaller gap between blocks (10 seconds, for example)."

Eliminate randomness, generate blocks at a fixed rate, do it faster.

I have been trying to communicate with more words what I believe BCNext has already said. Especially when I see that it isnt impossible, I will post ideas on how I think it could be done. I have the benefit of not being smart enough to know when it is impossible. So I keep pushing at it, until maybe it just becomes really difficult.

James

[jl777]

Auroracoin   The fourth of the market capitalization
http://www.auroracoin.org/
The Airdrop will start to take place on March 25th 2014 and will target as many Icelanders as possible. There are various means of authenticating Icelanders on the Internet, that will be utilized to execute the Airdrop. About 330,000 Icelanders will be made able to claim f 31.8 each over the following year from the initiation of the Airdrop.

The Airdrop will provide Icelanders with a great opportunity to get to know Auroracoin and use it in their daily lives. It will as well provide a way for them to reach outside the confines of the currency controls.

The Airdrop will be a gift to each and every recipient, for him or her to spend or save.

Further detail on the Airdrop will be posted once it is under way.

dont get too excited, only $8000 worth traded.

[Come-from-Beyond]

CfB, is this the case? Was this part of your contract with BCNext?

I know that Cunicula proposed to use ur scheme but BCNext went another way and there was a reason for that.

[gs02xzz]

Texas Bitcoin Conference NXT Marketing Brochure

I would like to thank bitcoinpaul, w4llace, LiQio, EvilDave and especially mvag for their prompt and generous assistance in revising my primitive, clumsy attempt at an NXT marketing brochure into this thing of beauty:

http://nxt.sx/images/resources/NXT-Brochure-4.pdf

It's still wordy, and that's my fault.  Still, This Is A Great Job.

And thank you again, generous donor, in funding 5000 copies of this to be printed at Austin, TX for my pickup there on Tuesday.

NxtMinnow, I will be sending you what I don't use in Austin for you to hand out in San Francisco.  Mail 'em on to the next Conference when you're done with them.

https://bitcointalk.org/index.php?topic=345619.msg5398685#msg5398685

Very professional material, respect!

+1. Feel our marketing is getting better and better. As Mentioned before the most important thing is to be there and the media will cover it. Not everyone on the panels is tech savvy guy. Some are marketing guys and promoters. People would mostly remember which coins were represented there and hardly remember what they were talking about there.

[ChuckOne]

"Time of a next block is determined by the time of the previous block and by the base target. The base target is a part of Bitcoin legacy that should be left behind, it doesn't make sense to wait when next block is mined coz we already know who will do it. And we can mine blocks at a fixed rate, for example, every 60000 ms (exactly 1 min). When Internet becomes faster we will switch to a smaller gap between blocks (10 seconds, for example)."

Eliminate randomness, generate blocks at a fixed rate, do it faster.

I have been trying to communicate with more words why I believe BCNext has already said. Especially when I see that it isnt impossible, I will post ideas on how I think it could be done. I have the benefit of not being smart enough to know when it is impossible. So I keep pushing at it, until maybe it just becomes really difficult.

James

I appreciate your thoughts. You spread the word.

[mcjavar]

CfB, is this the case? Was this part of your contract with BCNext?

I know that Cunicula proposed to use ur scheme but BCNext went another way and there was a reason for that.

What was the reason?
Transparency please...
otherwise it is a very good example why people get frustrated: they try to improve things, but then you say that things are done the way they are done, because BCNext decided to do it that way. But why?

[italovers]

2001 Wink

[jl777]

CfB, is this the case? Was this part of your contract with BCNext?

I know that Cunicula proposed to use ur scheme but BCNext went another way and there was a reason for that.

What is your feeling about my two-tiered fixed time method?

I think if we had two phases of block creation where new transactions are queued for the next block while the hallmark servers achieve consensus on the previously queued transactions and then broadcast to all the non-hallmarked nodes, then 10 seconds is very achievable.

I just dont have the experience to know if something like that would be stable. However, it fully satisfies the requirement of totally throwing out the current forging process.

James

[CIYAM]

When Internet becomes faster we will switch to a smaller gap between blocks (10 seconds, for example)."

When being the key word here - it isn't fast enough at the moment unless you think the internet is just your own country.

[Zahlen]

CfB, is this the case? Was this part of your contract with BCNext?

I know that Cunicula proposed to use ur scheme but BCNext went another way and there was a reason for that.

I know my way doesn't scale up well, if Nxt really takes off and there are billions of accounts with millions of forging nodes. BCNext's way is O(n), my way is worse than that. The very small deviation from exact proportionality is a small price to pay for scalability.

Maybe not billions and millions exactly, just example numbers.

[CIYAM]

I think if we had two phases of block creation where new transactions are queued for the next block while the hallmark servers achieve consensus on the previously queued transactions and then broadcast to all the non-hallmarked nodes, then 10 seconds is very achievable.

And once again - James goes of into "fantasy land" where real things like "network latency" don't exist.

You were told the reasons - if you just want to ignore them that's fine - but you can't change facts with statements.

[wesleyh]

I think if we had two phases of block creation where new transactions are queued for the next block while the hallmark servers achieve consensus on the previously queued transactions and then broadcast to all the non-hallmarked nodes, then 10 seconds is very achievable.

And once again - James goes of into "fantasy land" where real things like "network latency" don't exist.

You were told the reasons - if you just want to ignore them that's fine - but you can't change facts with statements.

So 1,000 TPS is fantasy land too?

[Come-from-Beyond]

CfB, is this the case? Was this part of your contract with BCNext?

I know that Cunicula proposed to use ur scheme but BCNext went another way and there was a reason for that.

What was the reason?
Transparency please...
otherwise it is a very good example why people get frustrated: they try to improve things, but then you say that things are done the way they are done, because BCNext decided to do it that way. But why?

U'll get the reason if u dive deeper. I won't reveal it, sorry.

[Come-from-Beyond]

What is your feeling about my two-tiered fixed time method?

K.I.S.S.