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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761531 times)
landomata
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January 02, 2014, 09:13:17 PM
 #12761



It is not a good strategy to put the success or failure of a 100 million usd project in the hands of one person... If nextern can't deliver the client for whatever reason, there is no chance for a mass adoption. And the other projects are also developing. Like the asset exchange for btc announced today.


No i think Nexern is gonna be ahead of schedule....we are talking about a specific client for messaging.


another client for file sharing etc.


The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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EvilDave
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January 02, 2014, 09:13:47 PM
 #12762

Heres my piece of advice for today:

Don't Panic!

NXT is having a problem right now, but it's not a very big problem, if you can step back and look at it objectively.

 EpicThomas showed us how easy it is to release modified client software and exploit it to steal funds, but the NXT community jumped on it pretty quickly and came up with solutions, evidence, a suspect and froze the stolen funds out from the exchanges.  All inside a few hours of the 3rd or 4th theft report coming in.
Have any of the trolls/pessimists ever seen a faster response to a security issue in the crypto/IT world?  

And then everyone affected got compensated.....unbelievable, but true. Salute to gbeirn, u r a hero.

Just to put this into proportion: total stolen was 300 kNXT, which is only 0.03 % of the total supply.
There were approximately 10-20 accounts compromised, which is at most 0.3 % of all NXT accounts.

And we should (almost) thank EpicThomas for making everyone raise their security game, it will now be much harder for an attacker to distribute compromised software again. That attack vector is closed right now. And is not a problem that only affects NXT, btw, all cryptos are vulnerable to this sort of exploit, so watch out for dodgy DOGE wallets in the future.

Time for a Nietsche mis-quote: "Whatever doesn't kill you, only makes u more money"




@EpicThomas:
You and your stolen NXT arent going anywhere. You can't convert it into fiat currency without going thru an exchange or the NXT blockchain.
Someone, sooner or later, will figure out who u are in the real world and come round to your house.
I suggest you take rickyjames up on his offer, give it back, and u can go on with yr life without looking over yr shoulder all day.

https://bitcointalk.org/index.php?topic=345619.13205


Nulli Dei, nulli Reges, solum NXT
Love your money: www.nxt.org  www.ardorplatform.org
www.nxter.org  www.nxtfoundation.org
fehen
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January 02, 2014, 09:15:50 PM
 #12763

not weak transaction http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=2272518827060030688

understand it'' shareholders'' bullet?

anything can happen, and I can smile in the fate of the New Year's night)))) yes, hear the cry in the wilderness )))

5708493317559318384

I promise to share with others and participate in the distribution))
Coinsy
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January 02, 2014, 09:16:34 PM
 #12764

I'm way off.
...
What should I do to get this thing back on track?

Shut down client then restart and wait a few for it to sync.  You might have to do this a couple times if you don't reconnect to the correct chain.  Having more peers in wellKnownPeers will help keep you on correct chain.
I'm a little new to this Java client... How do I shut it down?
gbeirn
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January 02, 2014, 09:17:28 PM
 #12765

Heres my piece of advice for today:

Don't Panic!

NXT is having a problem right now, but it's not a very big problem, if you can step back and look at it objectively.

 EpicThomas showed us how easy it is to release modified client software and exploit it to steal funds, but the NXT community jumped on it pretty quickly and came up with solutions, evidence, a suspect and froze the stolen funds out from the exchanges.  All inside a few hours of the 3rd or 4th theft report coming in.
Have any of the trolls/pessimists ever seen a faster response to a security issue in the crypto/IT world?  

And then everyone affected got compensated.....unbelievable, but true. Salute to gbeirn, u r a hero.

Just to put this into proportion: total stolen was 300 kNXT, which is only 0.03 % of the total supply.
There were approximately 10-20 accounts compromised, which is at most 0.3 % of all NXT accounts.

And we should (almost) thank EpicThomas for making everyone raise their security game, it will now be much harder for an attacker to distribute compromised software again. That attack vector is closed right now. And is not a problem that only affects NXT, btw, all cryptos are vulnerable to this sort of exploit, so watch out for dodgy DOGE wallets in the future.

Time for a Nietsche mis-quote: "Whatever doesn't kill you, only makes u more money"




@EpicThomas:
You and your stolen NXT arent going anywhere. You can't convert it into fiat currency without going thru an exchange or the NXT blockchain.
Someone, sooner or later, will figure out who u are in the real world and come round to your house.
I suggest you take rickyjames up on his offer, give it back, and u can go on with yr life without looking over yr shoulder all day.

https://bitcointalk.org/index.php?topic=345619.13205



Well thank you but I can't take full credit. Funds also came from neer.g and xyzzyx.

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.
S3MKi
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January 02, 2014, 09:17:55 PM
 #12766

I'm way off.
...
What should I do to get this thing back on track?

Shut down client then restart and wait a few for it to sync.  You might have to do this a couple times if you don't reconnect to the correct chain.  Having more peers in wellKnownPeers will help keep you on correct chain.
I'm a little new to this Java client... How do I shut it down?
ctrl+c or task manager
Meizirkki
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January 02, 2014, 09:18:39 PM
 #12767

Is there a place to report bugs in the latest beta software? The browser interface is running terribly slow. It takes 5 seconds from clicking an icon for anything to happen.
Emule
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January 02, 2014, 09:19:23 PM
 #12768

So for this has been a utter joke. Alpha status at start. Client hacked no trustworthy d/l available. Main dev off to make his own coin at some point in future. ah comon what is this shit?

So basicly NXT has nothing. Angry

nothing at all, not even within on month you talk about more then five weaks! In the meantime eMunie is launched and there r others starting as well.

this is a major set back and I shall have to review my investment. I am not a DEV I want results and no delays;

NXT had a good chance to make it but lost it here.


The Revenge of the Trolls!   Grin

Call me troll.

We shal see if you can sell your webpage with four icons, coz that is all you have.

Do you realy think people wil bother making .bat files, and using commands and API, forget it people will never adopt it. Its over and out. You all should have took the chance while you've got it but oooh no...

In this hard business there is only one place that counts and that ia number 1.

knowing you will still have nothing next mont eMunie (propre finished product and featuresà is the winner and there is no place for second
lr127
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January 02, 2014, 09:20:47 PM
 #12769

I need help to test NXT Millennium android client:
https://nextcoin.org/index.php/topic,2091.0.html

http://i44.tinypic.com/2r2ownl.png
landomata
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January 02, 2014, 09:24:56 PM
 #12770



In this hard business there is only one place that counts and that ia number 1.


1st in Mobile...the android apps are coming along well.....and we all know mobile is the future.

 Wink

 Edit: and yes ....we also do iOS

can;t wait for messaging to launch in a few weeks time....do you do messaging?

TwinWinNerD
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January 02, 2014, 09:25:23 PM
 #12771



that first account has a really short public number. Is this an account with a working private key, or just fake account? Its one in a billion chance

Emule
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January 02, 2014, 09:28:35 PM
 #12772

Is anyone going to use Arbitrary Messages within next 2 weeks? It seems to me that without a client that supports this feature we don't need AM.

I realy do respect your work sir, but without a client you better stop loosing your time here.

No one will bother using API strings etc... no client = no product.

and yes eMunie is a finished product that will blow all your efforts away just becaus you will always be second!
Damelon
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January 02, 2014, 09:28:54 PM
 #12773

So for this has been a utter joke. Alpha status at start. Client hacked no trustworthy d/l available. Main dev off to make his own coin at some point in future. ah comon what is this shit?

So basicly NXT has nothing. Angry

nothing at all, not even within on month you talk about more then five weaks! In the meantime eMunie is launched and there r others starting as well.

this is a major set back and I shall have to review my investment. I am not a DEV I want results and no delays;

NXT had a good chance to make it but lost it here.


The Revenge of the Trolls!   Grin

Call me troll.

We shal see if you can sell your webpage with four icons, coz that is all you have.

Do you realy think people wil bother making .bat files, and using commands and API, forget it people will never adopt it. Its over and out. You all should have took the chance while you've got it but oooh no...

In this hard business there is only one place that counts and that ia number 1.

knowing you will still have nothing next mont eMunie (propre finished product and featuresà is the winner and there is no place for second

You are making quite a lot of wrong assumptions, it seems.

1. You assume that the unveiling of the source code tomorrow is a "launch" of Nxt. It's not. It's the giving out of the source code. A special moment, yes, but not "the start of Nxt".
Nxt is an ongoing project and not some kind of big company that goes "live". Nxt has been live for over a month.

2. You assume that alpha tools are the final product. You haven't seen the final client. Yes, there will be one. And will be userfriendly.

3. You are assuming, or so it seems, that people are not aware that there are problems. And obviously that you are there to point them out for us. Look at 666 pages of factfinding, problemsolving pages right here, mate. Work in progress.

4. You assume that you are right.



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
utopianfuture
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January 02, 2014, 09:29:51 PM
 #12774

Is anyone going to use Arbitrary Messages within next 2 weeks? It seems to me that without a client that supports this feature we don't need AM.

I realy do respect your work sir, but without a client you better stop loosing your time here.

No one will bother using API strings etc... no client = no product.

and yes eMunie is a finished product that will blow all your efforts away just becaus you will always be second!

LOL at that stupid attempt to emulate stable currency. Nothing to talk about. Really .


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xyzzyx
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January 02, 2014, 09:29:55 PM
 #12775


No i think Nexern is gonna be ahead of schedule....we are talking about a specific client for messaging.

another client for file sharing etc.


They still think NXT is a coin -- can't fault them, it's how they're used to thinking.  It'll take a while before they really realize NXT is an ecosystem.

"An awful lot of code is being written ... in languages that aren't very good by people who don't know what they're doing." -- Barbara Liskov
landomata
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January 02, 2014, 09:31:24 PM
 #12776


and yes eMunie is a finished product that will blow all your efforts away just becaus you will always be second!

what's your daily USD turn over?


NXT is 750,000 thousand dollar over last 24 hour.....have you done that number in a week?

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January 02, 2014, 09:31:48 PM
 #12777

Well thank you but I can't take full credit. Funds also came from neer.g and xyzzyx.

Mass props too all three of you Cool

mcjavar
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January 02, 2014, 09:33:21 PM
 #12778



It is not a good strategy to put the success or failure of a 100 million usd project in the hands of one person... If nextern can't deliver the client for whatever reason, there is no chance for a mass adoption. And the other projects are also developing. Like the asset exchange for btc announced today.


No i think Nexern is gonna be ahead of schedule....we are talking about a specific client for messaging.


another client for file sharing etc.



Nexern is a great guy and I am sure he will come up with a superb client, but we (especially the developers) can´t sit back and wait for this guy to make us rich. I am not a developer myself, but will do everything possible to make Nxt a success story. Like I did in the last 5 weeks. I took 3 days off and will fly over to Berlin in february to the Bitcoin Conference to spread the word and make people aware of Nxt, but we need to hurry up with all the development as others are coming up with features we believe will make Nxt big, like the eschange for Bitcoin which was announced today...

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January 02, 2014, 09:34:54 PM
 #12779

13643712185318669838  contains 100088 NXT taken from Framewood's   697109629372813510  
15182566201738727933  contains 18665 NXT taken from plasticAiredale's    8439060069775407509      
16204974692852323982  contains 7808  NXT taken from PaulyC's  16821029889165561706    
9793828175536096502   contains 18197 NXT taken from newcn's   16886318053889080545    
12152013998194592943  contains  147690 NXT  taken from sparta_cuss's  11794318797680953099    

So I received 36K NXT from 2 contributors to help reimburse people. I already fully reimbursed PaulyC from my own account. That leaves:

13643712185318669838  contains 100088 NXT taken from Framewood's   697109629372813510  
15182566201738727933  contains 18665 NXT taken from plasticAiredale's    8439060069775407509          
9793828175536096502   contains 18197 NXT taken from newcn's   16886318053889080545    
12152013998194592943  contains  147690 NXT  taken from sparta_cuss's  11794318797680953099  

Total of 284640NXT.
Framewood: 35.16%
plasticAiredals: 6.56%
newcn: 6.39%
sparta_cuss: 51.89%

I guess the fairest way would be to split them up proportional to what you lost, so:

Framewood: 12658NXT
plasticAiredals: 2362NXT
newcn: 2300NXT
sparta_cuss: 18680NXT

Please post addresses so I can send you NXT.

Smiley

Great work.

My address
11516574435181434547

12658NXT Sent! Smiley

Thanks! You girls and guys are great Smiley
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January 02, 2014, 09:37:45 PM
 #12780

Is anyone going to use Arbitrary Messages within next 2 weeks? It seems to me that without a client that supports this feature we don't need AM.

I realy do respect your work sir, but without a client you better stop loosing your time here.

No one will bother using API strings etc... no client = no product.

and yes eMunie is a finished product that will blow all your efforts away just becaus you will always be second!

LOL at that stupid attempt to emulate stable currency. Nothing to talk about. Really .

Indeed, eMunie is just a digital fiat, why bother even trying it, could as well stick with paypal.
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