NXT :: descendant of Bitcoin - Updated Information

[2Kool4Skewl]

Here's a fun diversion.  I just waded through hundreds of pages of CfB and Jean-Luc's posts to build a full change log history for Nxt:

http://wiki.nxtcrypto.org/wiki/Nxt_Software_Change_Log

I also want to point out a comment I found in a forum thread.  Guess which cryptocurrency this guy is talking about?

the genius doesn't lie in the code base, but in the algorithms and that the code is crap. I agree with that assessment. ... I've been thinking about refactoring the code myself. Everybody is afraid of breaking it since it appears to work, and that is reasonable to an extent, but on the other hand this code base is utterly unsuitable for serious work.

It's Bitcoin.  And the thread was started in June 2013.  https://bitcointalk.org/index.php?topic=225163.0

You are really doing a great job!  Thank you for taking the time to do all this work for the community.

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[utopianfuture]

Here's a fun diversion.  I just waded through hundreds of pages of CfB and Jean-Luc's posts to build a full change log history for Nxt:

http://wiki.nxtcrypto.org/wiki/Nxt_Software_Change_Log

I also want to point out a comment I found in a forum thread.  Guess which cryptocurrency this guy is talking about?

the genius doesn't lie in the code base, but in the algorithms and that the code is crap. I agree with that assessment. ... I've been thinking about refactoring the code myself. Everybody is afraid of breaking it since it appears to work, and that is reasonable to an extent, but on the other hand this code base is utterly unsuitable for serious work.

It's Bitcoin.  And the thread was started in June 2013.  https://bitcointalk.org/index.php?topic=225163.0

Who wrote that? I agree completely with his assessment and it applies to NXT, too. Thanks for finding it. Also thank Ricky for your effort in the whole hacking issues. You guys give me a lot of hopes in the nxt community and its causes.

Thanks!

[rickyjames]

You guys give me a lot of hopes in the nxt community and its causes.

I am convinced this community will work together to put NXT in two years where Bitcoin is now after five years.  And at this rate they will write 10,000+ pages of posts to get there.

[msin]

Here's a fun diversion.  I just waded through hundreds of pages of CfB and Jean-Luc's posts to build a full change log history for Nxt:

http://wiki.nxtcrypto.org/wiki/Nxt_Software_Change_Log

I also want to point out a comment I found in a forum thread.  Guess which cryptocurrency this guy is talking about?

the genius doesn't lie in the code base, but in the algorithms and that the code is crap. I agree with that assessment. ... I've been thinking about refactoring the code myself. Everybody is afraid of breaking it since it appears to work, and that is reasonable to an extent, but on the other hand this code base is utterly unsuitable for serious work.

It's Bitcoin.  And the thread was started in June 2013.  https://bitcointalk.org/index.php?topic=225163.0

Sweet, thanks for putting this together, hilarious quote BTW.

[bitcoinpaul]

http://techcrunch.com/2014/01/07/the-silk-roads-libertas-is-free-to-the-annoyance-of-us-authorities/?ncid=reddit_social_share

“The reason for selling is that the Government has lost faith in the value of bitcoin and does not want to deal with the volatility of the currency,” the source said.

right, the government lost their faith...

[User705]

I disagree with this opinion. I think we need a voting system. Now how can we come to a consensus ?

By actions! For example, (honest) Bitconers and Nxters in consensus, each one supports liked sysem. No voting needed and no one is suppressed.

We are not talking about bitcoin here, aren't we?  Now could you answer my question?

Same with alias-selling supporters and haters. Both groups can be in consensus w/o voting. Each group'll have their own network (if could manage it, ofc). No supression!

So you don't mind the developer  implementing voting system for me right? If you don't want to vote, just don't vote. What is the matter then?

What voting are you all talking about?

[ImmortAlex]

I also want to point out a comment I found in a forum thread.  Guess which cryptocurrency this guy is talking about?

the genius doesn't lie in the code base, but in the algorithms and that the code is crap. I agree with that assessment. ... I've been thinking about refactoring the code myself. Everybody is afraid of breaking it since it appears to work, and that is reasonable to an extent, but on the other hand this code base is utterly unsuitable for serious work.

It's Bitcoin.  And the thread was started in June 2013.  Source: https://bitcointalk.org/index.php?topic=225163.0

Nice catch!
Someone need to point FrictionlessCoin to that thread for good old trolling

[bitcoinpaul]

BTC

Gavin has said that the genius doesn't lie in the code base, but in the algorithms and that the code is crap.

NXT

This is not a beauty contest.  NXT's beauty is in the algorithms and maths that have brought forward the state-of-the-art.

[swartzfeger]

Accordingly, I consider the matter of EpicThomas to be closed and I will take no further actions regarding him.

Great work, rjames. You certainly deserve something for the efforts you put forth for both the affected users and the community as a whole. Very, very cool thing you did.

[ninjaboon]

Closure On The EpicThomas Attack Of 31 Dec 2013

OK, time for EpicThomas restitution distribution.

EpicThomas has sent 47,960 NXT to my account 16092180239932658439 as a restitution payment for NXT lost in his hack attack of December 31.

From the previous charity distribution described at https://bitcointalk.org/index.php?topic=345619.msg4275210#msg4275210 this is the split applied:

Framewood: 35.16%
plasticAiredals: 6.56%
newcn: 6.39%
sparta_cuss: 51.89%

So I have transfered:

47960*0.3516 = 16863 to Framewood's  11516574435181434547
47960*0.0656 = 03146 sent to PlasticAiredale's  17139321135754562770
47960*0.0639 = 03065 sent to newcn's 13187911577562526278
47960*0.5189 = 24886 sent to Sparta-cuss's 14748981975238803545

These actions can be verified via the block explorer at http://87.230.14.1/nxt/nxt.cgi?action=34 .  Between charity and restitution payments, these four individuals have now recovered just shy of 30% of their losses.

There still  remains doubt over whether the bandit accounts associated with this heist contain stolen NXT or darkNXT.   Furthermore, the sentiment  in the NXT general forum seems to be that EpicThomas paying a restitution of 47,960 NXT balances the scales of justice for his crime of distributing infected NXT clients on December 31, 2012.

Accordingly, I consider the matter of EpicThomas to be closed and I will take no further actions regarding him.

Nice work on that rickyjames, thanks for regulating.

self regulation and enforcement for a crypto currency called nxt. so awesome. this will go in history and glad to be a fellow nxt user.

[ZeroTheGreat]

I'm curious though, how do you mean voting would suppress people?

Well, if u agree to vote, u automatically agree to lose in future in some cases. Until u'll lose something important it seems like nothing wrong.

[swartzfeger]

self regulation and enforcement for a crypto currency called nxt. so awesome. this will go in history and glad to be a fellow nxt user.

Ricky displayed two "R"s that other users did not: relentless, and restraint. His effort and fair-mindedness was awesome to see. Emblematic (we hope!) of the NXT community as a whole.

[ZeroTheGreat]

I can create 1000 non-hallmarked nodes, they will support the network but they have 0 power vs. hallmarked nodes (meaning, my 1000 nodes would be rejected if the hallmarked nodes are running a different fork). As I pointed out earlier, people running the hallmarked nodes are not necessarily representing the majority of stakeholders.

That's not true. For avoid it u can reconfigure your client.

Why do u mention hallmarking? 

[EmoneyRu]

gonna repost this cause its so AWESOME:

anyone running multiple VPSs... you NEED this ansible playbook:  https://forums.nxtcrypto.org/viewtopic.php?f=39&t=230

easy deploy of a new VPS? CHECK
every minute look for java process?  CHECK!
restart on a block hung for 30 mins? CHECK!
automatic hallmarking? CHECK!
upgrade any number of VPS with just a few commands on just 1 server?

holy crap, EmoneyRu you really outdid yourself

Thanks
And yes, I need more testers and use cases for the tool to make it even better.

[lophie]

Genius :S. The whole cryptocurrency idea is that we enforce what we can with math and software and the rest is annincentive system. In this incentive system yes one hallmarked node is better than your rhousands because the hallmarked have more incentive tuam you to be honest kot to break the network in forks. It does not mean you are not honest it only means that we should not hope for you jonesty unkess we really really need to.

[landomata]

I like that Nxt Navbar on https://forums.nxtcrypto.org/index.php


THERE SHOULD BE SOME NOTIFICATION THAT POPS UP OR SOMETHING SO A NEW VISITOR KNOWS IT'S THERE.

[landomata]

NXT MAINSTREAM ADOPTION STRATEGY

Steps:

1) Push Anonymous Messaging ONLY on WORLD CLASS DESIGNED ANDROID/IPHONE APPS (OUR FLAGSHIP APPS).

2) Make these APPS available on Google Play/App Store.


3) USE the current market situation to our advantage AS NO ONE IS NOW SURE ABOUT USING THERE MOBILE FOR SECURE COMMUNICATION....The NSA sent us a blessing in disguise....AN UNTAPPED MARKET.

4) Once Nxt Messaging has gained a strong following 100,000 - 500,000 downloads we start to Unlock/roll out other features of NXT ....ie. auction/storage/payment/Asset exchange/marketplace etc....thru regular updates once users start using the messaging app they become lock into the larger NXT ecosystem.


5) My real world examples are LINE & WECHAT....both started as msg apps but NOW OFFER IN APP PAYMENTS.


Chinese smartphone manufacturer Xioami sold 100,000 smartphones inside the WECHAT messaging app last month.


The above is a Strategy for gaining MAINSTREAM ADOPTION which will give us payment possibilities without the need to push payment as our main selling point....this is be a unique approach for a crypto currency.

[mcjavar]

Strategy for NXT gaining MAINSTREAM ADOPTION

Steps:

1) Push Anonymous Messaging ONLY on WORLD CLASS DESIGNED ANDROID/IPHONE APPS (OUR FLAGSHIP APPS).

2) Make these APPS available on Google Play/App Store.


3) USE the current market situation to our advantage AS NO ONE IS NOW SURE ABOUT USING THERE MOBILE FOR SECURE COMMUNICATION....The NSA sent us a blessing in disguise....AN UNTAPPED MARKET.

4) Once Nxt Messaging has gained a strong following 100,000 - 500,000 downloads we start to Unlock/roll out other features of NXT ....ie. auction/storage/payment/Asset exchange/marketplace etc....thru regular updates once users start using the messaging app they become lock into the larger NXT ecosystem.


5) My real world examples are LINE & WECHAT....both started as msg apps but NOW OFFER IN APP PAYMENTS.


Chinese smartphone manufacturer Xioami sold 100,000 smartphones inside the WECHAT messaging app last month.


The above is a Strategy for gaining MAINSTREAM ADOPTION which will give us payment possibilities without the need to push payment as our main selling point....this is be a unique approach for a crypto currency.

I like the idea, but you need Nxt to send messages...

[Come-from-Beyond]

NXT MAINSTREAM ADOPTION STRATEGY

Steps:

1) Push Anonymous Messaging ONLY on WORLD CLASS DESIGNED ANDROID/IPHONE APPS (OUR FLAGSHIP APPS).

2) Make these APPS available on Google Play/App Store.


3) USE the current market situation to our advantage AS NO ONE IS NOW SURE ABOUT USING THERE MOBILE FOR SECURE COMMUNICATION....The NSA sent us a blessing in disguise....AN UNTAPPED MARKET.

4) Once Nxt Messaging has gained a strong following 100,000 - 500,000 downloads we start to Unlock/roll out other features of NXT ....ie. auction/storage/payment/Asset exchange/marketplace etc....thru regular updates once users start using the messaging app they become lock into the larger NXT ecosystem.


5) My real world examples are LINE & WECHAT....both started as msg apps but NOW OFFER IN APP PAYMENTS.


Chinese smartphone manufacturer Xioami sold 100,000 smartphones inside the WECHAT messaging app last month.


The above is a Strategy for gaining MAINSTREAM ADOPTION which will give us payment possibilities without the need to push payment as our main selling point....this is be a unique approach for a crypto currency.

I'm testing Arbitrary Messages right now, btw...

[landomata]

I like the idea, but you need Nxt to send messages...

Is this positive or negative?