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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761621 times)
farl4web
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March 23, 2014, 09:51:17 PM
 #47761

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
 #47762


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
 #47763

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
 #47764

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

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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
 #47765


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
 #47766

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
 #47767

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
 #47768

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
 #47769

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
 #47770

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
 #47771

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
 #47772

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
 #47773

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
 #47774

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.
bitcoinpaul
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March 23, 2014, 10:25:41 PM
 #47775

Anyway, 99% of the listeners don't care about checkpoints, decentralization and other stuff.

Kinda true.
Damelon
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March 23, 2014, 10:29:19 PM
 #47776

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.

True.
Also: if you go on a crusade to defend yourself to every accusation you

a) lend credence to lies (where there is smoke, there must be fire-effect)
and
b) get a headache and become tired very quickly.


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
Sebastien256
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March 23, 2014, 10:30:32 PM
 #47777

nice everyone say true thing except the guy overthere!  Roll Eyes

Nxt official forum at: https://nxtforum.org/
Conurtrol
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March 23, 2014, 10:31:05 PM
 #47778

This guy Peter Todd is listed as Chief Scientist of the Mastercoin Foundation. Don't you think we could make an exception when the FUD reaches this level?
Damelon
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March 23, 2014, 10:34:17 PM
 #47779

This guy Peter Todd is listed as Chief Scientist of the Mastercoin Foundation. Don't you think we could make an exception when the FUD reaches this level?

Hmm, you may be right, anyway.
However, it's just a very very short sentence.
Maybe joefox can do something with it on his Nxt minute?
Not directly, but obliquely.

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
Join Nxt Slack! https://nxtchat.herokuapp.com/
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salsacz
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March 23, 2014, 10:36:24 PM
 #47780

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.

yes, you don't have to. This was probably the hardest part of my NxtMyths book, when I had to study Proof of Stake theses, but at the end I found and published answers - Nxt doesn't use checkpoints, while all other Proof of Stake coins do.
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