NXT :: descendant of Bitcoin - Updated Information

[msin]

And I thought 2% premine was bad.

https://bitcointalk.org/index.php?topic=414442.msg4497694#msg4497694

"Why isn't anyone making something that's actually, you know, different from bitcoin? And don't bring up that NXT scamcoin. "

Priceless! Welcome to the thread.

Why do people, you know, get mad at eachother?  And I was so hoping this brilliantrocket would take Nxt to outerspace. Priceless indeed.

[LiQio]

Can anyone explain this in more detail? Or maybe it has already been discussed somewhere.

Was discussed several times, think starting point was here https://bitcointalk.org/index.php?topic=366105.0
or maybe here https://nextcoin.org/index.php/topic,471.0.html (but this ends with a link to the above link)

[bithic]

who will do it ?
Andreas M. Antonopoulos  ( http://antonopoulos.com/ )

Community should find someone with a master degree in Cryptography.

that is him...
His many expertise include Bitcoin, crypto-currencies, Information Security, Cryptography, Cloud Computing, Data Centers, Linux, Open Source and robotics software development. He also has been CISSP certified for 12 years.

He is the dude.
<3 <3 <3

Indeed. Had forgotten about M. Antonopoulos. If he would agree to make the independent review, his research results would be trusted by the BTC community, though he's very busy expert.

Disagree. Antonopoulos is popularizer  not a hard-core cryptographer or mathematician. He made a name with Bitcoin and has a vested interest with Bitcoin. I can not expect him to be an independent reviewer at all. It is like asking keiser to testify on monetary policy. Nothing good will come.

+1, not a good choice.  

True, Antonopoulos doesn't have the high level of expertise in cryptography that we would need for an independent review. He would be a great endorser if we could get him on board though. His chief axe to grind with Bitcoin is anonymity (he is very pro-anonymity), so if Nxt is going to improve anonymity then he would probably give a high endorsement, if Nxt doesn't plan to improve anonymity over Bitcoin he might be less enthusiastic about it.

[User705]

who will do it ?
Andreas M. Antonopoulos  ( http://antonopoulos.com/ )

Community should find someone with a master degree in Cryptography.

that is him...
His many expertise include Bitcoin, crypto-currencies, Information Security, Cryptography, Cloud Computing, Data Centers, Linux, Open Source and robotics software development. He also has been CISSP certified for 12 years.

He is the dude.
<3 <3 <3

Indeed. Had forgotten about M. Antonopoulos. If he would agree to make the independent review, his research results would be trusted by the BTC community, though he's very busy expert.

Disagree. Antonopoulos is a popularizer  not a hard-core cryptographer or mathematician. He made a name with Bitcoin and has a vested interest with Bitcoin. I can not expect him to be an independent reviewer at all. It is like asking keiser to testify on monetary policy. Nothing good will come.

There is the concept that states there is no such thing as bad publicity.  When you get bernake talking about bitcoin having no intrinsic value and you realize the same can be said about dollar then that's not bad publicity.  The more people that look at Nxt both good and bad the better.  Bitcoiners bitching about Litecoin probably brought more people to it then if they would've just kept quite.

[lr127]

Can anyone explain this in more detail? Or maybe it has already been discussed somewhere.

Was discussed several times, think starting point was here https://bitcointalk.org/index.php?topic=366105.0
or maybe here https://nextcoin.org/index.php/topic,471.0.html (but this ends with a link to the above link)

Thanks! I found this place:

Each time a node sees a transaction it checks if it's the first time a public key used.
If yes, then soft remembers this key, so next user with the same account id will get all transactions rejected.

Code:

//Transaction.verify()
else if (account.publicKey == null) {
				account.publicKey = senderPublicKey;
			} else if (!Arrays.equals(senderPublicKey, account.publicKey)) {

[Come-from-Beyond]

"Squared Virtuality based on #Nxt Arbitrary Messages is coming soon. Don't sell ur GPUs..."

Can you explain this a bit?

This is my own project for the AM contest. I'll create a coin that will use Nxt blockchain (virtual² currency, that's why "squared virtuality"). Guys, who upset that Nxt doesn't need their GPUs, should be happy.

[LiQio]

"Squared Virtuality based on #Nxt Arbitrary Messages is coming soon. Don't sell ur GPUs..."

Can you explain this a bit?

This is my own project for the AM contest. I'll create a coin that will use Nxt blockchain (virtual² currency, that's why "squared virtuality"). Guys, who upset that Nxt doesn't need their GPUs, should be happy.

Greenpeace not happy! 

[Anon136]

Maybe someone can explain something to me.

I offered 1000USD worth of nxt to 3 different popular crypto bloggers/vlogers with the only request in exchange being that they read my 3 page essay. Not a one of them has taken me up on this offer. I don't get it, its 1000 dollars for like 10 minutes worth of effort. They could dump it on the exchange 5 minutes later if they wanted. Maybe someone can explain this to me.

[Come-from-Beyond]

And I thought 2% premine was bad.

Go buy some clone coins. We are real bad

ROFL

[IveBeenBit]

Maybe someone can explain something to me.

I offered 1000USD worth of nxt to 3 different popular crypto bloggers/vlogers with the only request in exchange being that they read my 3 page essay. Not a one of them has taken me up on this offer. I don't get it, its 1000 dollars for like 10 minutes worth of effort. They could dump it on the exchange 5 minutes later if they wanted. Maybe someone can explain this to me.

They probably don't take NXT seriously since it does not make any provisions for anonymous transactions, despite claiming to be a "second generation" currency.  

[Come-from-Beyond]

Greenpeace not happy! 

[Anon136]

Maybe someone can explain something to me.

I offered 1000USD worth of nxt to 3 different popular crypto bloggers/vlogers with the only request in exchange being that they read my 3 page essay. Not a one of them has taken me up on this offer. I don't get it, its 1000 dollars for like 10 minutes worth of effort. They could dump it on the exchange 5 minutes later if they wanted. Maybe someone can explain this to me.

They probably don't take NXT seriously since it does not make any provisions for anonymous transactions, despite claiming to be a "second generation" currency.  

but they could just dump it on the market if they wanted.

[Come-from-Beyond]

This is what I don't get. CfB stated that BCNext takes anonymity very seriously, yet there are no improvements in or talk of it for Nxt.

Mixing Service concept is not ready. If u check the list of features, u'll see "(concept not ready)".

U don't expect BCNext to solve everything by himself, do u?

[Anon136]

Maybe someone can explain something to me.

I offered 1000USD worth of nxt to 3 different popular crypto bloggers/vlogers with the only request in exchange being that they read my 3 page essay. Not a one of them has taken me up on this offer. I don't get it, its 1000 dollars for like 10 minutes worth of effort. They could dump it on the exchange 5 minutes later if they wanted. Maybe someone can explain this to me.

I already read your essay... send the NXT to me!!!   

Thats one requirement satisfied. Now all you have to do is get a wildly successful highly trafficked crypto blog or vlog and the nxt will be yours

[pandaisftw]

Maybe someone can explain something to me.

I offered 1000USD worth of nxt to 3 different popular crypto bloggers/vlogers with the only request in exchange being that they read my 3 page essay. Not a one of them has taken me up on this offer. I don't get it, its 1000 dollars for like 10 minutes worth of effort. They could dump it on the exchange 5 minutes later if they wanted. Maybe someone can explain this to me.

They probably don't take NXT seriously since it does not make any provisions for anonymous transactions, despite claiming to be a "second generation" currency.  

but they could just dump it on the market if they wanted.

I think they don't know the conversion rate. If you put "YYY NXT (~1.2BTC)" perhaps that would grab their attention. Hell, I'd read your essay for $1k But, understandably, you're also paying for the audience they target so I'm disqualified

[Anon136]

This is what I don't get. CfB stated that BCNext takes anonymity very seriously, yet there are no improvements in or talk of it for Nxt.

Mixing Service concept is not ready. If u check the list of features, u'll see "(concept not ready)".

U don't expect BCNext to solve everything by himself, do u?

Trustless mixing is a bit tricky but transparent forging allows for trusted mixing really easily and it also provides a way for forgers to build really strong reputations. just sayin.

[Anon136]

Maybe someone can explain something to me.

I offered 1000USD worth of nxt to 3 different popular crypto bloggers/vlogers with the only request in exchange being that they read my 3 page essay. Not a one of them has taken me up on this offer. I don't get it, its 1000 dollars for like 10 minutes worth of effort. They could dump it on the exchange 5 minutes later if they wanted. Maybe someone can explain this to me.

They probably don't take NXT seriously since it does not make any provisions for anonymous transactions, despite claiming to be a "second generation" currency.  

but they could just dump it on the market if they wanted.

I think they don't know the conversion rate. If you put "YYY NXT (~1.2BTC)" perhaps that would grab their attention. Hell, I'd read your essay for $1k But, understandably, you're also paying for the audience they target so I'm disqualified

i did! i showed the conversion, it was 25,000 nxt. I wouldnt have offered that much because i have limited funds, but since i started finding my offers rejected i figured i could stand to offer more. i cant believe they are still rejecting at 25,000

[landomata]

i cant believe they are still rejecting at 25,000

...we just got a new definition for CRAZY!?!   

it's similar to that guy who paid 10,000 BTC for pizza....they will come to regret it.

[LiQio]

i did! i showed the conversion, it was 25,000 nxt. I wouldnt have offered that much because i have limited funds, but since i started finding my offers rejected i figured i could stand to offer more. i cant believe they are still rejecting at 25,000

do you expect that they would read it if you offered 1 bitcoin directly? (they might not cope with the task of exchanging   )

btw. missed the link to the paper, would you mind reposting?

[pandaisftw]

Maybe someone can explain something to me.

I offered 1000USD worth of nxt to 3 different popular crypto bloggers/vlogers with the only request in exchange being that they read my 3 page essay. Not a one of them has taken me up on this offer. I don't get it, its 1000 dollars for like 10 minutes worth of effort. They could dump it on the exchange 5 minutes later if they wanted. Maybe someone can explain this to me.

They probably don't take NXT seriously since it does not make any provisions for anonymous transactions, despite claiming to be a "second generation" currency.  

but they could just dump it on the market if they wanted.

I think they don't know the conversion rate. If you put "YYY NXT (~1.2BTC)" perhaps that would grab their attention. Hell, I'd read your essay for $1k But, understandably, you're also paying for the audience they target so I'm disqualified

i did! i showed the conversion, it was 25,000 nxt. I wouldnt have offered that much because i have limited funds, but since i started finding my offers rejected i figured i could stand to offer more. i cant believe they are still rejecting at 25,000

Maybe they don't want NXT to overtake their Bitcoin investment