NXT :: descendant of Bitcoin - Updated Information

[Come-from-Beyond]

Bounty announcement

100'000 NXT will be paid for working JavaScript code that signs and verifies signatures using NRS algo.

- The licence must allow to use the code in any application
- Sign/verify speed must be not lower than 100 signatures per second on a 1 GHz CPU (1 core)
- All the code must be in a single non-obfuscated well-formatted .js file
- Input/output values must be strings like "8302504e4e57c6c65335289879c6915a273d3aae7bd086058e403fcd2bc18341"

The bounty is valid till the 20th of January, 2014 12:00:00 UTC. The complete code must be published in this thread.

My implementation: https://github.com/gimer/curve25519nxt

API and some more data is on github page.

My sign is around ~15ms (can be half of that if public key is cached), verify is around 12ms. (on my machine)

I think BloodyRookie's or hoax' implementation will be faster.

Thx. Will check it later.

[loopgate88]

Release the code, yes, actively help FC, no.

What about other copycats?

That is like M.I.T. asking about IBM. It doesn't matter.

If you help any of them directly then you halt progress by not letting them thinking for themselves but if you simply let them have the tools and have to go through the same stuff you had to go through they will strengthen your work while they strengthen their work. Then it's a matter of propaganda, excuse me, it's a matter of P.R. which product becomes the most widely adopted. But marketing is beyond the care of the pioneers so leave it and the concerns that come with it stay there.

[instacalm]

... which indicates that you actually must have been kidding to support Frict the Clown in creating a new genesis block.

He has a lot of power. We should use it.

 

[Damelon]

There is no such thing as a free lunch.

Give the tools. All the tools that he should get in open source.

If he puts in the effort and succeeds, that is how it goes.

Our own success does not depend on what he does, it depends on what wé do.

it's a matter of propaganda

 

[Come-from-Beyond]

r u kidding?

No. I supported a lot of currencies that looked innovative. I don't stick to Nxt only. If I see a crypto that has more chances to make the world better I'll jump to that train.

Hmmm... now I'm having second thoughts... I say we also give FrictionlessCoin 10M NXT!?!?!  

According to the poll we decided to give him more than 50 billion NXT.

[xibeijan]

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 0.5.9:

http://download.nxtcrypto.org/nxt-client-0.5.9.zip

sha256: 35e0454c0eba551637674fa0e607774b864b0f428b5618f0d14f1ddc8d42cb62

Change log:

Resolved all remaining thread concurrency issues in the block and
transaction handling. All reported null pointer exceptions, division by
zero, and related bugs should not happen anymore. If you see any
errors in the log at all, please report them in our bug database:
https://bitbucket.org/JeanLucPicard/nxt-public/issues

Added Asset Exchange related APIs:
getAskOrder, getAskOrderIds, getBidOrder, getBidOrderIds,
getAccountCurrentAskOrderIds, getAccountCurrentBidOrderIds.

Prevent the Recent Blocks tab in the browser UI from growing beyond
60 blocks. This should help avoid browser slowdown and freeze during
downloading of the whole blockchain from scratch.

Added transaction re-broadcasting. To make sure a new transaction has
been received by the network, it is broadcasted every minute, until
it shows in the list of unconfirmed or confirmed transactions.

The debug logs are quiet now, in fact I haven't seen any exceptions in
the last 24 h of testing this release. Everybody should give it a try as
I hope this is a really stable release. In particular, peers still
running the buggy 0.5.7 will get blacklisted if they don't upgrade,
because they keep broadcasting malformed JSON blocks and will be treated
as zombies.


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Well done.  NXT developer are doing a fantastic job.  The steady stream of releases gradually improving NXT is the heart of the project.  Keep up the great work.  We can't wait to see the decentralised exchange in action.

Has the issueAsset API been implemented yet?

[coolmist]

.

[Damelon]

r u kidding?

No. I supported a lot of currencies that looked innovative. I don't stick to Nxt only. If I see a crypto that has more chances to make the world better I'll jump to that train.

Hmmm... now I'm having second thoughts... I say we also give FrictionlessCoin 10M NXT!?!?!  

According to the poll we decided to give him more than 50 billion NXT.

If you give him the source, you will be giving him 1,000,000,000 NEX.

That's more than generous enough

[BloodyRookie]

I meant the part that BCNext modified the crypto algo and that it's hard to generate a genesis block.

He did modify the algo. And left some riddles in the genesis block. For example, not all transactions r valid, they don't pass Transaction.verify().

Those transaction don't get verified. Only Block.analyze() is called. And you mean those few lines in the Crypto class that don't correspond to the usual sign/verification algorythm?

[xibeijan]

r u kidding?

No. I supported a lot of currencies that looked innovative. I don't stick to Nxt only. If I see a crypto that has more chances to make the world better I'll jump to that train.

Hmmm... now I'm having second thoughts... I say we also give FrictionlessCoin 10M NXT!?!?!  

According to the poll we decided to give him more than 50 billion NXT.

Why?  He's not been very helpful at all.

[loopgate88]

I will show anyone how to fish but I refuse fishing for anyone else. The latter can only hold both of us back.

[xibeijan]

I will show anyone how to fish but I refuse fishing for anyone else. The latter can only hold both of us back.

+1

[Come-from-Beyond]

He has a lot of energy. That's different.

Ah, right. But in Russian it's the same word.

[utopianfuture]

Release the code, yes, actively help FC, no.

What about other copycats?

Basically the same as for Nxt: if they can't survive on their own, they don't deserve to.

If they can't survive and THRIVE on their own, they don't deserve to.

Let FC take it from what ever he has now and let's see how much of an upgrade he can make.

I have said before and now I am going to say it again if NXT want to survive in the long-term, we need to focus on decentralization and community involvement. Superior tech won't cut it in an open source culture. Only an ingrained culture of decentralization and community involvement can create a rich eco-system and set  NXT apart. That's also what set Bitcoin apart from all other clones, not superior tech.

Now be a NXT-er and go here to vote https://bitcointalk.org/index.php?topic=423241.0 . That's what we are making; creating a culture of decentralization and community involvement.

[Come-from-Beyond]

Has the issueAsset API been implemented yet?

3 months ago.

[xibeijan]

Has the issueAsset API been implemented yet?

3 months ago.

When can it be used?

[Come-from-Beyond]

Those transaction don't get verified. Only Block.analyze() is called.

Right, they r not verified. If u figured out why they would return "false" u would find a lot of interesting things.

And you mean those few lines in the Crypto class that don't correspond to the usual sign/verification algorythm?

What lines do u mean?

[halibit]

Is this coin 100% premined "seed coins" and dev just waiting someone to buy coins, or are they all premined coins give away for free?
Or how this works?  

[Come-from-Beyond]

When can it be used?

When we test Asset Exchange.

[Come-from-Beyond]

Why?  He's not been very helpful at all.

He did an awesome promotion of Nxt.