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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761519 times)
BloodyRookie
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December 27, 2013, 05:59:35 PM
 #9401

NB: very important, if you do this DO NOT enter your secret key on that node as it is likely to be visible in the heap dump (hallmarks are okay).

The software keeps the passphrase in memory? That would be a bad idea.

Nothing Else Matters
NEM: NALICE-LGU3IV-Y4DPJK-HYLSSV-YFFWYS-5QPLYE-ZDJJ
NXT: 11095639652683007953
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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gbeirn
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December 27, 2013, 06:01:17 PM
 #9402

In continuation of the announcement that we r looking for more Nxt core devs, there are features we r planning to implement till block 525960 (in alphabetical order):

- Alias System (done)
- Arbitrary Messages (partially)
- Asset Exchange (done)
- Distributed Computing (concept not ready)
- Distributed Storage
- Instant Transactions (requires peer review)
- Mixing Service (concept not ready)
- Multisignatures
- Service Providers
- Shrinking
- Smart Contracts (concept not ready)
- Transparent Mining (partially)
- Two-phase Payments
- Voting System
- some non-revealed features

I'd like to get ur opinions what features should be implemented in the 1st place.

Could we get, or is there a location for descriptions for each of what these do?

NXT VPS Server Donations can be sent here: 6044921191674841550
At the end of each month I will donate some of them back to the community.
This is separate from my main wallet so you can keep track of them. I will keep them in there and only use them for hosting.
Come-from-Beyond
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December 27, 2013, 06:02:51 PM
 #9403

I'm little surprised why "Transparent Forging" wasn't built-in. Code wasn't ready?

Transparent Mining is an advanced feature and won't be included into released source code. It's the most powerful feature of Nxt atm.
klee
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December 27, 2013, 06:03:17 PM
 #9404

In continuation of the announcement that we r looking for more Nxt core devs, there are features we r planning to implement till block 525960 (in alphabetical order):

- Alias System (done)
- Arbitrary Messages (partially)
- Asset Exchange (done)
- Distributed Computing (concept not ready)
- Distributed Storage
- Instant Transactions (requires peer review)
- Mixing Service (concept not ready)
- Multisignatures
- Service Providers
- Shrinking
- Smart Contracts (concept not ready)
- Transparent Mining (partially)
- Two-phase Payments
- Voting System
- some non-revealed features

I'd like to get ur opinions what features should be implemented in the 1st place.
All but sooner or later mixing is essential.
Any ideas whether zerocoin is applicable with NXT?

I want opinions before I ask the professor and his team - I think they may match idealy...
notsoshifty
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December 27, 2013, 06:03:24 PM
 #9405

this is so frustrating, getting good alias only to have them not take

getting a transaction id then nothing

very very flaky

Don't know if you tried it, but increasing the deadline time to like 6-8 helped me. i had the same issues at first, for the record i had one alias confirmed for awhile and then taken away, given to someone else on the "right" chain (back when the chain was screwy and forked) so the system isn't solid but is probably better than before.

*edit
another thing. don't know how much it's been discussed, but unless you're picking an alias that is in DEMAND.. I don't believe there's any reason to pick anything higher than 1 fee.. before realizing that it would just take my highest offer, rather than, THEE highest offer, I lost a bit of NXT this way.. disappointed because the video by the user NXT (developer?) on youtube didn't accurately describe the fee process with Alias.


If you've had an alias nabbed: it's always possible for a bot to listen to the network for new alias request messages, and quickly submit a new one for the same alias and +1 fee, on the basis that if it's requested by one person it might be valuable one day, and so worth a (probably 2nxt) punt. Doubt anyone would bother now though.
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December 27, 2013, 06:04:00 PM
 #9406

distributed exchange not on the list?

Do u mean Asset Exchange?
wesleyh
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December 27, 2013, 06:04:31 PM
 #9407

By mixing you mean making a transaction anonymous? Then yes, that would be a top-priority for me.
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December 27, 2013, 06:06:15 PM
 #9408

By mixing you mean making a transaction anonymous? Then yes, that would be a top-priority for me.
Yeap..
gbeirn
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December 27, 2013, 06:07:13 PM
 #9409

By mixing you mean making a transaction anonymous? Then yes, that would be a top-priority for me.
Yeap..

I like that

NXT VPS Server Donations can be sent here: 6044921191674841550
At the end of each month I will donate some of them back to the community.
This is separate from my main wallet so you can keep track of them. I will keep them in there and only use them for hosting.
landomata
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December 27, 2013, 06:08:55 PM
 #9410

Messaging

wesleyh
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December 27, 2013, 06:09:11 PM
 #9411

The Nxt faucet has given away 2,472 nxt so far to over 1,000 people. Wow, that went fast! More still available.

Source code will be released later today!

http://nxtra.org/faucet/
Come-from-Beyond
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December 27, 2013, 06:09:28 PM
 #9412

In continuation of the announcement that we r looking for more Nxt core devs, there are features we r planning to implement till block 525960 (in alphabetical order):

- Alias System (done) - similar to DNS
- Arbitrary Messages (partially) - any soft can send messages in custom format
- Asset Exchange (done) - currency/stock exchange
- Distributed Computing (concept not ready) - similar to BOINC
- Distributed Storage - similar to Torrent
- Instant Transactions (requires peer review) - transactions with guaranteed confirmation
- Mixing Service (concept not ready) - laundering service
- Multisignatures - multisignatures Smiley
- Service Providers - off-chain services
- Shrinking - shrinking of bloated blockchain
- Smart Contracts (concept not ready) - http://en.wikipedia.org/wiki/Smart_contract
- Transparent Mining (partially) - can't describe in few words
- Two-phase Payments - payments with extra confirmation
- Voting System - good old democracy

I'd like to get ur opinions what features should be implemented in the 1st place.

Could we get, or is there a location for descriptions for each of what these do?
Come-from-Beyond
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December 27, 2013, 06:10:26 PM
 #9413

Any ideas whether zerocoin is applicable with NXT?

No idea yet.
TwinWinNerD
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December 27, 2013, 06:11:17 PM
 #9414

distributed exchange not on the list?

Do u mean Asset Exchange?

yes, I missinterpreted that.

gbeirn
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December 27, 2013, 06:11:55 PM
 #9415

In continuation of the announcement that we r looking for more Nxt core devs, there are features we r planning to implement till block 525960 (in alphabetical order):

- Alias System (done) - similar to DNS
- Arbitrary Messages (partially) - any soft can send messages in custom format
- Asset Exchange (done) - currency/stock exchange
- Distributed Computing (concept not ready) - similar to BOINC
- Distributed Storage - similar to Torrent
- Instant Transactions (requires peer review) - transactions with guaranteed confirmation
- Mixing Service (concept not ready) - laundering service
- Multisignatures - multisignatures Smiley
- Service Providers - off-chain services
- Shrinking - shrinking of bloated blockchain
- Smart Contracts (concept not ready) - http://en.wikipedia.org/wiki/Smart_contract
- Transparent Mining (partially) - can't describe in few words
- Two-phase Payments - payments with extra confirmation
- Voting System - good old democracy

I'd like to get ur opinions what features should be implemented in the 1st place.

Could we get, or is there a location for descriptions for each of what these do?

Thank you!

I vote, Voting, Mixing, Instant Transactions.

NXT VPS Server Donations can be sent here: 6044921191674841550
At the end of each month I will donate some of them back to the community.
This is separate from my main wallet so you can keep track of them. I will keep them in there and only use them for hosting.
Come-from-Beyond
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December 27, 2013, 06:12:00 PM
 #9416

If you've had an alias nabbed: it's always possible for a bot to listen to the network for new alias request messages, and quickly submit a new one for the same alias and +1 fee, on the basis that if it's requested by one person it might be valuable one day, and so worth a (probably 2nxt) punt. Doubt anyone would bother now though.

Transparent Mining solves this problem. Transactions will be encrypted and only miners of next blocks will be able to decrypt them.
klee
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December 27, 2013, 06:12:08 PM
 #9417

I would like a Dark Wallet feature where wallets would endlessly mix the coins in the background - big stakeholders are pretty much fucked up regarding anonymity and hoarding for mining purposes makes the situation even worse.

I suppose it is the other side of the NXT coin Wink

But then users would need to spend many coins as tx fees, right??
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December 27, 2013, 06:13:25 PM
 #9418

But then users would need to spend many coins as tx fees, right??

Seems so
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December 27, 2013, 06:13:36 PM
 #9419

Captcha added, please try it out (even if you have already gotten a donation):

http://nxtra.org/faucet/
Result:
Quote
You have already received coins from this faucet in the past. You cannot again. Sorry.

abctc
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December 27, 2013, 06:13:47 PM
 #9420

In continuation of the announcement that we r looking for more Nxt core devs, there are features we r planning to implement till block 525960 (in alphabetical order):

- Alias System (done)
- Arbitrary Messages (partially)
- Asset Exchange (done)
- Distributed Computing (concept not ready)
- Distributed Storage
- Instant Transactions (requires peer review)
- Mixing Service (concept not ready)
- Multisignatures
- Service Providers
- Shrinking
- Smart Contracts (concept not ready)
- Transparent Mining (partially)
- Two-phase Payments
- Voting System
- some non-revealed features

I'd like to get ur opinions what features should be implemented in the 1st place.
hmm... Didn't find Reputation System here...

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