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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761737 times)
instacalm
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March 23, 2014, 09:42:47 PM
 #47581

can you lock this thread so only mods can comment? i think this thread is important for advertising to people on btt.. perhaps the mods could just post links to new threads on nxtcointalk? that way anyone that mainly uses btt can keep this thread in there watch list to keep up to date with new nxtcointalk threads?

If the thread here is locked, it's locked for good.
Emule
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March 23, 2014, 09:45:04 PM
 #47582


Some guy from Mastercoin says about Nxt "Their proof of stake algorithm for consensus depends on developer checkpoints so without the developers it doesn't work"

Any comments from developers?

+1
marcus03
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March 23, 2014, 09:45:32 PM
 #47583

If you use SSL, at least you are protecting the client privacy from the ISP and anyone who can spy along the route.

This is very easy to attack. A simple correlation between a SSL encyrpted HTTP package of matching size and the timestamp of the transaction will let a third party correlate a transaction with the originator IP. You also have to trust the node operator, since he owns the SSL certificate.

For forums and wiki SSL is indeed essential, unless we all start signing each of our posts and PMs with GPG.

+1

It does make sense to protect the Wiki and forum with SSL (I previously missed that you have to login into the Wiki) and as such, I think InfCom should fund the SSL certificate. The NRS nodes should however not use SSL.


Users of Wesley's client that sign transactions client-side will have their privacy compromised without SSL, even though the transactions and their password will be secure (assuming he is verifying the bytes before signing). I do see the value of SSL in this use case, because it is much simpler for the end user than setting up tor, and we are targeting users who presumably are not sophisticated enough to be running the Java server themselves.

I beg to differ:

  • Their privacy is easily compromised to 3rd parties even with SSL (see above).
  • Their privacy is always compromised to the node operator since he owns the SSL certificate, thus this is still not a trustless solution.
  • If privacy is needed, Tor can deliver.
  • I've added support for Tor in my client in like 2 hours (version not yet released). It will come with the tor.exe client and my NXT client simply starts the Tor client if Tor is not running already and shuts it down again on exit if it was started by my client.
    All the end user has to do is set the checkbox to use Tor. I also have proposed a bounty for client developers who implement support for Tor (https://bitbucket.org/nxtinfrastructure/committee/issue/33/tor-enabled-capable-nxt-clients) since this would solve the privacy issue very efficiently.

....and we are targeting users who presumably are not sophisticated enough to be running the Java server themselves.

Well, then we exclude these users from forging, since we can't really encourage them to send account secrets to public NRS nodes (even with Tor and SSL used).

I fear that the secretPhrase parameter for forging will backfire on us some day. IMHO, forging (and anything else that needs a secretPhrase parameter) should only be possible when the request comes from localhost.

salsacz
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March 23, 2014, 09:47:43 PM
 #47584


I propose that 2Kool lock this thread at page 2500 and we do a mass migration over there.


-1. This thread on Bitcointalk is a massive free advertisement of Nxt
salsacz
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March 23, 2014, 09:49:19 PM
 #47585


Some guy from Mastercoin says about Nxt "Their proof of stake algorithm for consensus depends on developer checkpoints so without the developers it doesn't work"

Any comments from developers?

PoS checkpoints are used in Peercoin etc. Nxt solved this problem, it doesn't use checkpoints...
farl4web
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March 23, 2014, 09:50:01 PM
 #47586

cos i feel so loved here Grin

hey pinarello, alles goed met je ? Smiley
Gotverdomme...een stealth-Nederlander!

godverdomme* Smiley
Ga jullie mond wassen, goDverdomme!  Grin
farl4web
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March 23, 2014, 09:51:17 PM
 #47587

Please stop quoting Emule... he's on my ignore list

 Grin
+1
 Lips sealed
Conurtrol
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March 23, 2014, 09:52:10 PM
 #47588


Some guy from Mastercoin says about Nxt "Their proof of stake algorithm for consensus depends on developer checkpoints so without the developers it doesn't work"

Any comments from developers?

PoS checkpoints are used in Peercoin etc. Nxt solved this problem, it doesn't use checkpoints...

Ok, well this guy is saying that Nxt isn't really decentralized because of this. Someone needs to correct him.
Come-from-Beyond
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March 23, 2014, 09:53:18 PM
 #47589

Some guy from Mastercoin says about Nxt "Their proof of stake algorithm for consensus depends on developer checkpoints so without the developers it doesn't work"

Any comments from developers?

I don't comment nonsense...
chanc3r
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March 23, 2014, 09:54:16 PM
 #47590

Please stop quoting Emule... he's on my ignore list

 Grin
+1
 Lips sealed

Is someone squatting on Emule in the new forum?

Well at least the username... Smiley

salsacz
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March 23, 2014, 09:54:36 PM
 #47591


Some guy from Mastercoin says about Nxt "Their proof of stake algorithm for consensus depends on developer checkpoints so without the developers it doesn't work"

Any comments from developers?

see NxtMyths, https://docs.google.com/file/d/0BwAGADgnQcrtM3g1cU1VSHZtTGM/edit
pages 17 and 23


Quote
Eventually, the intent is to move both toward making the checkpointing system more decentralized and reducing its power and PPCoins come to be owned by a larger group of people.
As usual, Nxt again came with right solution: Merged mining. Thanks to this feature centralized checkpointing system will never be a problem in Nxt.

Quote
Nxt’s true original invention – Transparent forging – brings the revolution in the world of Proof of Stake currencies. It solves the problem of forked chains in other altcoins like Peercoin, Namecoin, Mastercoin or Ethereum. Nxt doesn’t have to use centrally inserted checkpoints.
Conurtrol
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March 23, 2014, 09:55:20 PM
 #47592

Some guy from Mastercoin says about Nxt "Their proof of stake algorithm for consensus depends on developer checkpoints so without the developers it doesn't work"

Any comments from developers?

I don't comment nonsense...

A developer of another coin is making accusations against Nxt on Let's Talk Bitcoin and you don't care?
EvilDave
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March 23, 2014, 10:00:56 PM
 #47593

Please stop quoting Emule... he's on my ignore list

 Grin
+1
 Lips sealed

Is someone squatting on Emule in the new forum?

Well at least the username... Smiley
Tja, now that would be evil.....

Nulli Dei, nulli Reges, solum NXT
Love your money: www.nxt.org  www.ardorplatform.org
www.nxter.org  www.nxtfoundation.org
Medion
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March 23, 2014, 10:03:48 PM
 #47594

If this still on I would love to ask for testNXT - AE! Thanks

11616982638773905327
opticalcarrier
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March 23, 2014, 10:06:08 PM
 #47595

if anyone here is getting their ID squatted on the new forums site, please IM me here and we will delete the account and let you recreate it
Come-from-Beyond
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March 23, 2014, 10:06:58 PM
 #47596

A developer of another coin is making accusations against Nxt on Let's Talk Bitcoin and you don't care?

Correct, I do not care. I can't care about everyone who makes an idiot of himself by saying nonsense.
Sebastien256
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March 23, 2014, 10:09:55 PM
 #47597

This thread should stay open, as it is give Nxt publicity. But it should be MAINLY use for new people joining nxt. Technical descussion about Nxt should be on the forum.

I agree that marketing should post here new info from time to time, but the technical discussion should REALLY take place on the forum where it is must easier to structure the infrmation.

If you like to have a brainstorm in a main MASSIVE thread, then come at the forum and create one. The question is who will create such one first. Let the competition begin!  Grin

Nxt official forum at: https://nxtforum.org/
Conurtrol
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March 23, 2014, 10:12:56 PM
 #47598

A developer of another coin is making accusations against Nxt on Let's Talk Bitcoin and you don't care?

Correct, I do not care. I can't care about everyone who makes an idiot of himself by saying nonsense.

I never said you should care about everyone. This isn't emule we're talking about
Sebastien256
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March 23, 2014, 10:13:33 PM
 #47599

A developer of another coin is making accusations against Nxt on Let's Talk Bitcoin and you don't care?

Correct, I do not care. I can't care about everyone who makes an idiot of himself by saying nonsense.

I never said you should care about everyone. This isn't emule we're talking about

true.

Nxt official forum at: https://nxtforum.org/
Come-from-Beyond
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March 23, 2014, 10:21:27 PM
 #47600

I never said you should care about everyone. This isn't emule we're talking about

I don't care even if Satoshi says that Nxt uses checkpoints, coz it's not the truth. And I'm not going to waste my time trying to tell the others what the truth is. That guy doesn't know what he is talking about, or knows and lies. Anyway, 99% of the listeners don't care about checkpoints, decentralization and other stuff.
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