NXT :: descendant of Bitcoin - Updated Information

[msin]

Any news regarding Nxt crypto-algo audit?

I heard back from Steve Weis, he doesn't have the free time to review, but he is talking to several colleagues about the review.  I've sent him all the info pertaining to crypto aglo.

[wesleyh]

Have you tried contacting Dmitry Skiba?

https://plus.google.com/111256265619222022507/posts

No. What for? This won't give us the original code, only its copy that could have some differences.

How about a bounty for the person that finds original?  

Is this the guy who has the original?

xmath.news@gmail.com

https://groups.google.com/forum/#!topic/sci.crypt/J_7OGDf9cJE

Edit: yes it is: http://sci.crypt.narkive.com/mukCBREz/curve25519-ecdh-portable-c-implementation
http://www.derkeiler.com/Newsgroups/sci.crypt/2006-08/msg01477.html

[NxtChg]

I am suggesting we make a page oriented toward getting someone on the fence about NXT to taking the $25 (or more) plunge to purchase actual NXT. I am not talking about tricking, but using the truth about NXT to get someone to buy actual NXT.

And then what? So I am a new guy, I bought some NXT, what can I actually do with them now?

Mostly watch the price ticker and hope it goes up. And it will, thanks to your efforts to bring in new folks.

It's as clear a Ponzi scheme as it gets.

We need to build something first, then motivate people to join and use it.

[Come-from-Beyond]

Have you tried contacting Dmitry Skiba?

https://plus.google.com/111256265619222022507/posts

No. What for? This won't give us the original code, only its copy that could have some differences.

How about a bounty for the person that finds original?  

Ask the committee

[vanea84]

Voting for social media

OK go vote ladies



https://bitcointalk.org/index.php?topic=418838.new#new

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Why do not you add me?

https://www.facebook.com/nxt.coim

[jl777]

NXT will be more successful if more people understood it. There was a short term increase in XRP value from TV spot, but marketing takes repeated exposure. the first time an iMac was seen in a movie, people didn't go out and buy a new iMac. After the tenth time, though, people did start to consider not getting a IBM PC clone.

I don't understand how you can say paying to get new NXT'ers won't be effective. Are you saying that if we got 2000 extra people purchasing $50,000 a day of NXT, that won't help NXT? I am very confused.

Advertising works. Companies spend hundreds of billions of dollars per year on it. Why would we not use a technique that has proven itself? Not logical. It's like a C programmer that refuses to use struct?! Why would we limit ourselves in promoting NXT? Do we have to cripple ourselves? Should we compete against everyone else under a self-inflicted handicap?

I was thinking that we could develop a page that clearly communicates the benefits of NXT to someone who is considering purchasing some. We make it easy for them to purchase if they want to, say by using a credit card. We make it easy for them to get new clients, information, etc. A standard customer acquisition webpage. It would have a certain conversion rate and it could be used for a model for anybody to use to drive traffic to and monetize interest in NXT. Make it so that people can make money promoting NXT and the next thing you know, many people will be promoting NXT.

How can this be a bad thing?

It's a bad thing only because it won't work.

I keep hammering on this, but it's the truth.  Nxt isn't a product or service so you can't put it in that category.  It's a currency/ecosystem/protocol/whoknowswhat.  Paid advertising/marketing works really well with products and services.  You serve ad impressions to potential customers, a certain percentage click through to your landing page, a certain percentage of those convert and pay up.  It's lovely.  But it won't work like that with Nxt because it isn't a product or service.

Can you really imagine someone seeing a few Nxt ad impressions, clicking through to the landing page, reading a little, and entering their credit card info in exchange for some Nxt?  C'mon.  That will not happen.

It has to grow the same way Linux did.  The same way Bittorrent did.  The same way Bitcoin and Litecoin did.  First we need to build something awesome and then we can use clever tactics to get the word out.  Mass-marketing through paid advertising will not work.

Please try to understand what I am saying. I saw someone overnight who said they were interested in investing in NXT. OK so he turned out to be a troll, but this is a very real possibility.

<sarcasm>
Somebody hears about NXT somehow, decides to investigate, finds this easy to follow thread, invests a few minutes reading all the pages (or goes to a forum that is being Ddos'ed) and then decides to purchase NXT using our fabulously user friendly way of buying NXT.
</sarcasm>

I AM TALKING ABOUT CREATING A PATH FOR POTENTIAL NEW NXT STAKEHOLDERS THAT IS A USER FRIENDLY WEBPAGE, instead of what any new NXT'er has to go through now.

This will work. We already have 90%+ of people who bail out somewhere along the way from finding out about NXT to finding out how confusing it is to find out about NXT.

James

P.S. My understanding was that NXT was already awesome (as soon as new clients with Asset Exchange are out)

[Come-from-Beyond]

My account in signature. I didn't forge anything, only errors errors.
[/quote}
U have 22K, that's normal that u haven't forged a block yet.

So what does "error generating block" means? As I understand, everybody having NXT in account 1440 confirmations old, has a chance, depending on NXT quantity, to forge a block. If server is running and everything OK, block should be forged. Am I right? So what prevents to forge a block? Sorry for dumb questions, but I, as ordinary Joe, want to understand the problem. I want to be sure, that my PC is OK and that is just the algorithm matter.

If u see this error having 22K then it means with 99% chance that ur blockchain is not up to date.

I think my blockchain is up to date. In recent block window, new blocks time  correspond to my PC time.

This is now. What about the time when u got the error message?

[jl777]

I am suggesting we make a page oriented toward getting someone on the fence about NXT to taking the $25 (or more) plunge to purchase actual NXT. I am not talking about tricking, but using the truth about NXT to get someone to buy actual NXT.

And then what? So I am a new guy, I bought some NXT, what can I actually do with them now?

Mostly watch the price ticker and hope it goes up. And it will, thanks to your efforts to bring in new folks.

It's as clear a Ponzi scheme as it gets.

We need to build something first, then motivate people to join and use it.

New NXT stakeholder with some NXT can't do anything with NXT? Why wouldn't the first thing that happens be that he downloads NXT client? Are you saying people can't do anything with the (near future) NXT client?

Are you saying that getting new NXT stakeholders is just a Ponzi scheme?

James

[pinarello]

Voting for social media

OK go vote ladies



https://bitcointalk.org/index.php?topic=418838.new#new

Pin

Why do not you add me?

https://www.facebook.com/nxt.coim

started 10 january, 5000 likes?

Pin

[Come-from-Beyond]

Any news regarding Nxt crypto-algo audit?

I heard back from Steve Weis, he doesn't have the free time to review, but he is talking to several colleagues about the review.  I've sent him all the info pertaining to crypto aglo.

Thank u. The trick with Curve25519 has a negative downside as I see...

[vanea84]

Voting for social media

OK go vote ladies



https://bitcointalk.org/index.php?topic=418838.new#new

Pin

Why do not you add me?

https://www.facebook.com/nxt.coim

started 10 january, 5000 likes?

Pin

I bought a coupon promotion Facebook
You can use any methods
If you do not want to include me, I pause the company Facebook

[Come-from-Beyond]

Have you tried contacting Dmitry Skiba?

https://plus.google.com/111256265619222022507/posts

No. What for? This won't give us the original code, only its copy that could have some differences.

How about a bounty for the person that finds original?  

Is this the guy who has the original?

xmath.news@gmail.com

https://groups.google.com/forum/#!topic/sci.crypt/J_7OGDf9cJE

Edit: yes it is: http://sci.crypt.narkive.com/mukCBREz/curve25519-ecdh-portable-c-implementation
http://www.derkeiler.com/Newsgroups/sci.crypt/2006-08/msg01477.html

Any alive link to the source?

[jl777]

Nxt isn't a product or service so you can't put it in that category.  It's a currency/ecosystem/protocol/whoknowswhat.  Paid advertising/marketing works really well with products and services.  You serve ad impressions to potential customers, a certain percentage click through to your landing page, a certain percentage of those convert and pay up.  It's lovely.  But it won't work like that with Nxt because it isn't a product or service.

...

It has to grow the same way Linux did.  The same way Bittorrent did.  The same way Bitcoin and Litecoin did.  First we need to build something awesome and then we can use clever tactics to get the word out.  Mass-marketing through paid advertising will not work.

+1!

My assumption is that we do have cool tech already.

Here is a test for you to try. Find an intelligent but non-programmer that you know. Give him $25 and tell him he needs to figure out how to purchase $25 of NXT. If you want to be helpful you can give him the URL of this thread.

Substitute this person you know with a typical person who is interested in crypto and is deciding whether they want to put a little money into NXT.

Tell me honestly that the current setup we have is within 10% of optimum. I know you like things to be close to optimal, why does it make sense to tweak the software until it is 99.99% perfect and leave the conversion process 99% inefficient?

Sounds illogical to me.

James

[utopianfuture]

Have you tried contacting Dmitry Skiba?

https://plus.google.com/111256265619222022507/posts

No. What for? This won't give us the original code, only its copy that could have some differences.

How about a bounty for the person that finds original?  

Is this the guy who has the original?

xmath.news@gmail.com

https://groups.google.com/forum/#!topic/sci.crypt/J_7OGDf9cJE

Edit: yes it is: http://sci.crypt.narkive.com/mukCBREz/curve25519-ecdh-portable-c-implementation
http://www.derkeiler.com/Newsgroups/sci.crypt/2006-08/msg01477.html

Could you initiate a contact ? We might not have to spend 10BTC after all 

[Anon136]

Nxt isn't a product or service so you can't put it in that category.  It's a currency/ecosystem/protocol/whoknowswhat.  Paid advertising/marketing works really well with products and services.  You serve ad impressions to potential customers, a certain percentage click through to your landing page, a certain percentage of those convert and pay up.  It's lovely.  But it won't work like that with Nxt because it isn't a product or service.

...

It has to grow the same way Linux did.  The same way Bittorrent did.  The same way Bitcoin and Litecoin did.  First we need to build something awesome and then we can use clever tactics to get the word out.  Mass-marketing through paid advertising will not work.

+1!

My assumption is that we do have cool tech already.

Here is a test for you to try. Find an intelligent but non-programmer that you know. Give him $25 and tell him he needs to figure out how to purchase $25 of NXT. If you want to be helpful you can give him the URL of this thread.

Substitute this person you know with a typical person who is interested in crypto and is deciding whether they want to put a little money into NXT.

Tell me honestly that the current setup we have is within 10% of optimum. I know you like things to be close to optimal, why does it make sense to tweak the software until it is 99.99% perfect and leave the conversion process 99% inefficient?

Sounds illogical to me.

James

We are waiting for decentralized exchange and a professional peer review. Once we have that than it will be time to spend money on advertisement.

[bitcoinrocks]

Why not spend some resources on converting 10 times more people from the same stream of interested people

I AM TALKING ABOUT CREATING A PATH FOR POTENTIAL NEW NXT STAKEHOLDERS THAT IS A USER FRIENDLY WEBPAGE, instead of what any new NXT'er has to go through now

I am 100% all for that.  But that's not paid advertising.  That doesn't cost a dime.  Are we talking about some kind of a bounty here?

[wesleyh]

Have you tried contacting Dmitry Skiba?

https://plus.google.com/111256265619222022507/posts

No. What for? This won't give us the original code, only its copy that could have some differences.

How about a bounty for the person that finds original?  

Is this the guy who has the original?

xmath.news@gmail.com

https://groups.google.com/forum/#!topic/sci.crypt/J_7OGDf9cJE

Edit: yes it is: http://sci.crypt.narkive.com/mukCBREz/curve25519-ecdh-portable-c-implementation
http://www.derkeiler.com/Newsgroups/sci.crypt/2006-08/msg01477.html

Any alive link to the source?

No, I've sent him an email.

Wait a sec, this is it, right?

https://github.com/swdunlop/WaspVM/blob/master/vm/curve25519_i64.c

Matthijs van Duin is xmath, but it appears to be edited in 2008 by someone.

[NxtChg]

New NXT stakeholder with some NXT can't do anything with NXT?

I am a new stakeholder with some NXT, what can I do with them?

Play some silly gambling games? Do some intraday trading, which is a zero-sum game, except the bank always wins?
What else?

Are you saying that getting new NXT stakeholders is just a Ponzi scheme?

At this moment - yes. It's not necessarily a bad thing, it provides some growth in the beginning, but it should not be overdone.

Anyway, if you're just talking about creating some webpage then I am off topic here.

Still, don't we have enough friendly sites + wiki?

[bitcoinrocks]

My assumption is that we do have cool tech already.

It's foundational.  It's nerdy cool.  It's not end-user cool yet.

[martismartis]

My account in signature. I didn't forge anything, only errors errors.

U have 22K, that's normal that u haven't forged a block yet.

So what does "error generating block" means? As I understand, everybody having NXT in account 1440 confirmations old, has a chance, depending on NXT quantity, to forge a block. If server is running and everything OK, block should be forged. Am I right? So what prevents to forge a block? Sorry for dumb questions, but I, as ordinary Joe, want to understand the problem. I want to be sure, that my PC is OK and that is just the algorithm matter.

If u see this error having 22K then it means with 99% chance that ur blockchain is not up to date.

I think my blockchain is up to date. In recent block window, new blocks time  correspond to my PC time.

This is now. What about the time when u got the error message?

It was also up to date, I'm sure about it.