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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761529 times)
BitAddict
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January 13, 2014, 11:19:34 AM
 #17421

Question:
Can you try to modify the next block info by sending especific transactions to another accounts, so you can know how to change next block to hit it and so on?
I guess the answer is no, but why not?

Thanks! Smiley
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utopianfuture
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January 13, 2014, 11:19:39 AM
 #17422

If anyone here wants to sell NXT fast and off the exchange I'm buying at a rate of 10K NXT per 0.3 BTC.

Just send me a pm Wink

We need BTC to announce bounty for Nxt crypto algo audit. Offering only NXT for it reduces auditory greatly. How much BTC do u have?

Cfb, lol are you going to crash the market ? I will buy 10BTC of NXT more if you can wait 4 business days for my coinbase purchase clears.


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January 13, 2014, 11:22:10 AM
 #17423

Question:
Can you try to modify the next block info by sending especific transactions to another accounts, so you can know how to change next block to hit it and so on?
I guess the answer is no, but why not?

Thanks! Smiley

Coz TF doesn't give 100% prediction even for the next block. 1440 blocks ahead can't be predicted reliably.
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January 13, 2014, 11:23:24 AM
 #17424

Cfb, lol are you going to crash the market ? I will buy 10BTC of NXT more if you can wait 4 business days for my coinbase purchase clears.

Let's wait for u. What discount do u expect to get btw, unclaimed coins will be sold.
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January 13, 2014, 11:27:03 AM
 #17425

unclaimed coins will be sold.
?

utopianfuture
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January 13, 2014, 11:29:58 AM
 #17426

Cfb, lol are you going to crash the market ? I will buy 10BTC of NXT more if you can wait 4 business days for my coinbase purchase clears.

Let's wait for u. What discount do u expect to get btw, unclaimed coins will be sold.

I don't know if you want to go by fixed price, I will go by 0.00003 paid in 4 business days or I can do 5% off DGEX market price at that point

For accountability reason, if anyone could match my offer, then you could take this too.


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  TomoChain  •    •  TomoChain 
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January 13, 2014, 11:31:55 AM
 #17427


We need to do audit of Nxt crypto algorithms. NXTs r not so popular as BTC, so there is only 1 option to attract as many participants as possible == to offer reward in BTC, not in NXT.

Also it doesn't make much sense to offer reward in coins that will become useless if a flaw is found.  Grin
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January 13, 2014, 11:33:28 AM
 #17428

I don't know if you want to go by fixed price, I will go by 0.00003 paid in 4 business days or I can do 5% off DGEX market price at that point

For accountability reason, if anyone could match my offer, then you could take this too.

Let's do 95% of DGEX price.
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January 13, 2014, 11:34:33 AM
 #17429


We need to do audit of Nxt crypto algorithms. NXTs r not so popular as BTC, so there is only 1 option to attract as many participants as possible == to offer reward in BTC, not in NXT.

Also it doesn't make much sense to offer reward in coins that will become useless if a flaw is found.  Grin

How many will you sell? Would be best if you sold to multiple people if a lot, so as to distribute and not encourage hoarding.
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January 13, 2014, 11:35:49 AM
 #17430

...
eMunie will be released, and it will be successful.
- thank you for sharing your thought about eMunie.
And we know your attitude toward Nxt:
..
I didn't commit to any specific actions when I sent in my BTC back in September - I'm not so much a stakeholder as an investor/gambler. I'm grateful to those users who are actively doing things to support NXT, but was there an agreement we signed? Everyone is following their own self interest.

Yes, that is still my attitude toward NXT! It has turned out to be an excellent investment, and I feel very fortunate to have spotted BCNext's original post when I did. By then I had however, already discovered emunie 6 weeks earlier, and even on the day I sent in my contribution to BCNext's IPO I knew that the NXT big thing in the crypto currency world was going to be a system that tackled price volatility head on. NXT isn't doing that, but emunie is.

It is possible to design a system that can sense network supply and demand signals in real time and adjust the rate of currency creation dynamically. This is the moment in history when human knowledge can use computing power and decentralised networks to do something like this. Elastic supply and price stability is possible, and I believe emunie will achieve this.

It isn't rocket science, but it is digital currency science, and Fuserleer is a pioneer, just like Satoshi, and BCNxt is a pioneer also.

But Fuserleer is real person named Dan Hughes, and I've chatted with him, and got to know him. He's a really good guy. Don't you guys wish you could have a chat with Satoshi or BCNext nearly every day in a shoutbox? But you can't. Nobody can, because those guys have chosen to hide - that's a bit sad, and it's going to make selling crypto currencies to the general public and business a lot harder.

Transparent forging is very clever, and if it works as planned NXT might achieve visa transaction rates. BUT, emunie can achieve visa transaction rates too, and it's 100% anonymous, with a super lightweight blocktree, and it has human understandable addresses like alias names, and messaging, and chat, and will have a p2p exchange very soon too - plus a heap of other stuff that blows my mind. It'll work on a phone too eventually, so it'll be mobile friendly.

I'm not a technical guy, but I know what I've seen testing the beta clients, and my money is on Fuserleer doing exactly what he has said he'll do. He's nearly there, and eventually all the code demons will get to see how he did it. But only a fool would reveal HOW it works before he's launched his product. And he's done so much testing, when it launches it will be ready for wide adoption without bugs and crashes.

A fixed supply does not make a good currency, so I'm an emunie guy, with a solid respect for NXT.
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January 13, 2014, 11:38:16 AM
 #17431

How many will you sell? Would be best if you sold to multiple people if a lot, so as to distribute and not encourage hoarding.

10 BTC looks good enough for the reward.

I think we could distribute the coins among 10 persons. 1 BTC to each one.
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January 13, 2014, 11:40:06 AM
 #17432

NXT NEWSLETTER

On the subject of info getting lost and most of us spending hours after hours on catching up on bitcointalk, nxtcoin.org, forum.nxtcrypto +

I have the time to tie a newsletter together a week - if somebody is willing to help me with info. I don't have the time anymore to trawl all the NXT-threads, but I can gather, sample and send the updates out, if I am feeded a resume from the different sources of information. 

NXTers on the mailing list will then get a chance to focus on their own battleground, while still getting the most important headlines from every other field of the NXT development (with links to the sources). Personally I like being up to date - also in the fields I am not capable of contributing to. And another plus: Important announcements for the community can easier reach everybody via a maillinglist.

We need at least one person from:
- Bitcointalk (main thread + various others) 
- Nextcoin forum 
- Forum.nxtcrypto 
to join this project and "feed" the newsletter resumes.
Info sent directly from developers or marketeers is of course also welcomed.

I don't have a thing (or NXT  Smiley) to give you in return, but contributors will get their acc number on their contributions - and more importantly right now: Help to organize the NXT stream of info.

/apenzl

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January 13, 2014, 11:43:02 AM
 #17433


We need to do audit of Nxt crypto algorithms. NXTs r not so popular as BTC, so there is only 1 option to attract as many participants as possible == to offer reward in BTC, not in NXT.

Also it doesn't make much sense to offer reward in coins that will become useless if a flaw is found.  Grin

But the people get much more interactive if they own something which could become worth significant more than now. Also the unclaimed coins should be used for bounties.

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January 13, 2014, 11:43:55 AM
 #17434

...
eMunie will be released, and it will be successful.
- thank you for sharing your thought about eMunie.
And we know your attitude toward Nxt:
..
I didn't commit to any specific actions when I sent in my BTC back in September - I'm not so much a stakeholder as an investor/gambler. I'm grateful to those users who are actively doing things to support NXT, but was there an agreement we signed? Everyone is following their own self interest.
Yes, that is still my attitude toward NXT! It has turned out to be an excellent investment, and I feel very fortunate to have spotted BCNext's original post when I did. By then I had however, already discovered emunie 6 weeks earlier, and even on the day I sent in my contribution to BCNext's IPO I knew that the NXT big thing in the crypto currency world was going to be a system that tackled price volatility head on. NXT isn't doing that, but emunie is.
It is possible to design a system that can sense network supply and demand signals in real time and adjust the rate of currency creation dynamically. This is the moment in history when human knowledge can use computing power and decentralised networks to do something like this. Elastic supply and price stability is possible, and I believe emunie will achieve this.
It isn't rocket science, but it is digital currency science, and Fuserleer is a pioneer, just like Satoshi, and BCNxt is a pioneer also.
But Fuserleer is real person named Dan Hughes, and I've chatted with him, and got to know him. He's a really good guy. Don't you guys wish you could have a chat with Satoshi or BCNext nearly every day in a shoutbox? But you can't. Nobody can, because those guys have chosen to hide - that's a bit sad, and it's going to make selling crypto currencies to the general public and business a lot harder.
Transparent forging is very clever, and if it works as planned NXT might achieve visa transaction rates. BUT, emunie can achieve visa transaction rates too, and it's 100% anonymous, with a super lightweight blocktree, and it has human understandable addresses like alias names, and messaging, and chat, and will have a p2p exchange very soon too - plus a heap of other stuff that blows my mind. It'll work on a phone too eventually, so it'll be mobile friendly.
I'm not a technical guy, but I know what I've seen testing the beta clients, and my money is on Fuserleer doing exactly what he has said he'll do. He's nearly there, and eventually all the code demons will get to see how he did it. But only a fool would reveal HOW it works before he's launched his product. And he's done so much testing, when it launches it will be ready for wide adoption without bugs and crashes.
A fixed supply does not make a good currency, so I'm an emunie guy, with a solid respect for NXT.

I don't think being a public figure on an important crypto-currency is a good thing : Fuserleer takes everything personally. Look at what happened, few people spread some FUD and he cancel the IPO that people where waiting for months and has already be postponed before.
Dan Hughes is probably a very nice guy but there is no way a human can handle the pressure from creating and managing the claimed most important crypto-currency ever.

I am more confident with Bitcoin and NXT.
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January 13, 2014, 11:44:54 AM
 #17435

Question:
Can you try to modify the next block info by sending especific transactions to another accounts, so you can know how to change next block to hit it and so on?
I guess the answer is no, but why not?

Thanks! Smiley

Coz TF doesn't give 100% prediction even for the next block. 1440 blocks ahead can't be predicted reliably.

So TF predicts with 1440 blocks in advance? (I read that is something like .99*.99*.99*... and so on for further blocks)
It takes only the last block hash to determine that, or several previous hashes?
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January 13, 2014, 11:45:32 AM
 #17436

Also the unclaimed coins should be used for bounties.

This is a bounty.
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January 13, 2014, 11:46:51 AM
 #17437

I don't know if you want to go by fixed price, I will go by 0.00003 paid in 4 business days or I can do 5% off DGEX market price at that point

For accountability reason, if anyone could match my offer, then you could take this too.

Let's do 95% of DGEX price.

wow wait 1 sec. maybe there r more interested in this....

Pin

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January 13, 2014, 11:47:20 AM
 #17438

So TF predicts with 1440 blocks in advance? (I read that is something like .99*.99*.99*... and so on for further blocks)
It takes only the last block hash to determine that, or several previous hashes?

All previous hashes. At block 1440 reliability of prediction will be ~0%.
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January 13, 2014, 11:47:33 AM
 #17439

How many will you sell? Would be best if you sold to multiple people if a lot, so as to distribute and not encourage hoarding.

10 BTC looks good enough for the reward.

I think we could distribute the coins among 10 persons. 1 BTC to each one.

I'll take 1 BTC worth at 0.00003 - and if the BTC helps the NXT project then it's win - win Smiley

My coins are all over the place but I can do the trade later today - or if you want to wait until you have 10 people that's fine too (but then it would be nice if it could be 5% off dgex price if the exchange rate is below 0.00003).
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January 13, 2014, 11:48:05 AM
 #17440

I'll take 1 BTC worth at 0.00003 - and if the BTC helps the NXT project then it's win - win Smiley

My coins are all over the place but I can do the trade later today - or if you want to wait until you have 10 people that's fine too (but then it would be nice if it could be 5% off dgex price if the exchange rate is below 0.00003).

95% of DGEX price.
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