NXT :: descendant of Bitcoin - Updated Information

[opticalcarrier]

Eh? I think we're working off different definitions of darkNXT!

 - NXT that is in an account that nobody knows the passphrase of == darkNXT
 - NXT that is in an account that hasn't yet got a public key in the block chain (i.e. no transfers out, no aliases, no forging) != darkNXT

That 250million figure is including the latter, right? No way to distinguish between the two from a technical point of view.

I think you are confusing things, there are 2 different possibilities:

NXT sitting in an account that does not have a public key in the blockchain.
NXT sitting in an account that has a public key in the blockchain, but where the passphrase/privatekey is lost.

The former is "hiberNXT" and most will probably be recovered some day (2^64)
The latter one is truly "dead" and will prob never ever never be recovered (2^256)

Also, the former can be broken into 2 categories:

An account where a person does know a passphrase to unlock it (one of 2^256 private keys, but still crackable by 2^64 since there is no public key published).  This was done by a person wishing to stash their NXT somewhere; I would consider this to be dumb; the account should publish its public key so as to not be crackable by 2^64 and to obtain 2^256 security.  The person knowing that passphrase can still unlock the account and send the NXT.

An account where a person does NOT know a passphrase to unlock it.  In this case nothing cand be done until the account is cracked in a few years.

[notsoshifty]

Perhaps we should ask the initial stakeholders to send 1 nxt to a specific account within a week, to know that these accounts are alive.

If they are not, we can assume they are darkNxt... and take appropriate action?

We can't assume that (they might be on a beach somewhere spending their already-cash-in nxt), and I don't think there's any action we can/should take anyway...

When I last checked, there were only two direct-from-genesis accounts that still hadn't got a public key (and only one of those was sizeable).

[pinarello]

Who knew that Come-From-Beyond had a twin brother called Come-from-Beyiond

you forget his other brother code-from-behind, and half sister, codeine-from-beyond

don't forget Come-from-Beyonce

 

[Isildur23]

Who knew that Come-From-Beyond had a twin brother called Come-from-Beyiond

you forget his other brother code-from-behind, and half sister, codeine-from-beyond

don't forget Come-from-Beyonce

And, of course, Cum-from-Beyond!

[pinarello]

poll is up go vote !

https://bitcointalk.org/index.php?topic=401123.0


BCNext offers a fun game to the community.

Rules:

1. Community decides what 3 questions they want to ask
2. Community posts these questions in this thread (in ~24 hours starting from now)
3. BCNext answers this questions (will be signed by the genesis account)
4. BCNext has the right to refuse to answer any (or all) of the questions (so don't ask his real name)

This is a win-win game. Community will get answers to some questions (like why the fund raising was cancelled so suddenly). BCNext will see how the community comes to a consensus without strict rules (like "the longest chain wins").

If u accept this offer u could start choosing the most important questions...

[rickyjames]

Who knew that Come-From-Beyond had a twin brother called Come-from-Beyiond

you forget his other brother code-from-behind, and half sister, codeine-from-beyond

don't forget Come-from-Beyonce

And, of course, Cum-from-Beyond!

This will be aliased within the next 20 posts.  But not by me.

[nexern]

holy crap that is a LOT.  OK, can we get some darkNXT tracking built into blockexplorer and into API?

Good idea. Is someone going to do that? API already lets to get the data.

can add it, how to calculate? loop all accounts for empty publicKey + sum?
any additional filter or key to seperate real dark from just inactivity?

[bahamapascal]

So with darkNXT out there has anyone thought already about mining it?

I have some thoughts on how to do this from the technical standpoint but don't really know if it's profitable. Can someone perhaps provide rough estimates on number of darkNXT accounts and their total amount?

~250M @ 1000+ accounts.

Edit: U should start from one with almost 50M on it.

LOL, do I understand that right....250M Nxt are lost (at-least fore now)?
How do you know they are lost and not just send to the account number as "offline wallet"?

[chanc3r]

Who knew that Come-From-Beyond had a twin brother called Come-from-Beyiond

you forget his other brother code-from-behind, and half sister, codeine-from-beyond

don't forget Come-from-Beyonce

And, of course, Cum-from-Beyond!

erm liquid NXT?

[idev]

Who knew that Come-From-Beyond had a twin brother called Come-from-Beyiond

you forget his other brother code-from-behind, and half sister, codeine-from-beyond

don't forget Come-from-Beyonce

I would love to Come-from-Beyonce.

[niothor]

Who knew that Come-From-Beyond had a twin brother called Come-from-Beyiond

you forget his other brother code-from-behind, and half sister, codeine-from-beyond

don't forget Come-from-Beyonce

And, of course, Cum-from-Beyond!

Cum-on-Beyonce is better!

[idev]

Who knew that Come-From-Beyond had a twin brother called Come-from-Beyiond

you forget his other brother code-from-behind, and half sister, codeine-from-beyond

don't forget Come-from-Beyonce

And, of course, Cum-from-Beyond!

Cum-on-Beyonce is better!

Indeed.

[bitcoinpaul]

LOL, do I understand that right....250M Nxt are lost (at-least fore now)?

No.

[opticalcarrier]

holy crap that is a LOT.  OK, can we get some darkNXT tracking built into blockexplorer and into API?

Good idea. Is someone going to do that? API already lets to get the data.

can add it, how to calculate? loop all accounts for empty publicKey + sum?
any additional filter or key to seperate real dark from just inactivity?

Yes, anything with NXT but no public key should be totalled.  Maybe the page would list all dark accounts, with the sum at top and below it a list of all the accounts and their balances?

I guess we're going with the term "darkNXT"?  I kinda like hiberNXT or frozeNXT

[opticalcarrier]

LOL, do I understand that right....250M Nxt are lost (at-least fore now)?

No.

Right.  No as in not necessarily.  See my previous post a few up detailing the different cases.

[Tompa]

Stupid question: is it possible to send x amount of NXT from account A to account A? In other words to send NXT for myself?

Yes ...and you SHOULD do that if you have NO outgoing transactions!

Edit:  1 NXT will suffice.

Does registering an Alias counts? Will that suffice?

[marcus03]

I've asked before in the API thread, but got no answer that I was able to understand:

It is said that an account that has no public key in the BC yet (no outgoing transactions) is more prone to a brute force attack.

Could anyone explan why? I don't get it. My idea is that a brute force attack works like this: dictionary words or random input generates a public and private key pair, the later being the account number. I see no difference in the chances of finding an existing account number, when using this procedure, depending on if the public key is in the bc or not.

[bitcoinpaul]

Stupid question: is it possible to send x amount of NXT from account A to account A? In other words to send NXT for myself?

Yes ...and you SHOULD do that if you have NO outgoing transactions!

Edit:  1 NXT will suffice.

Does registering an Alias counts? Will that suffice?

Yes.

[fmiboy]

note about exchange:

has anyone heard about The Invisible Internet Project (I2P) (http://geti2p.net/)?

apparently, there are number of projects we can get started with...

one of them: DarkExchange, open source - p2p decentralized exchange https://bitcointalk.org/index.php?topic=26063.0 uses I2P layer

has Bitcoin and Namecoin listed, we can fork and add NXT also alter some changes... But it is in "clojure programming language" which I have never heard of, if it was in c/c++ possible I could have made some changes myself... anyone knows this language and can change the code?

this exchange headaches would be solved all for good...

[gbeirn]

Can someone perhaps provide rough estimates on number of darkNXT accounts and their total amount?

~250M @ 1000+ accounts.

Edit: U should start from one with almost 50M on it.

Holy crap, that is a LOT.  

holy crap that IS a lot.

You're saying that a quarter of all NXT is permanently out of circulation only a couple of months after it was minted in the Genesis Block?

That sounds, um, kinda serious to me.  I have obviously missed something.  What's the story on this again?  And which account has the 50M in it?
<off to research 64 bit vs. 256 bit in more detail.>

It makes all the available NXT move valuable plus it's a great marketing tool (Sign up and use NXT and possibly unlock an account with money already in it!!).