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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761737 times)
Come-from-Beyond
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January 21, 2014, 05:39:30 PM
 #22061

Why Only 1000 bytes for arbitrary message?

An arbitrary number was taken.

But how can someone send a file? I can only split but with a 2 MB files became impossible

The main purpose of Arbitrary Messages is to send signals, not to store data. During the shrinking all AMs will be removed.
Come-from-Beyond
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January 21, 2014, 05:43:29 PM
 #22062


I see their price jumped when Nxt was released...
joefox
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January 21, 2014, 05:43:59 PM
 #22063


Pedantic, but: this is why the "official" currency code for Nxt would be XNT, in accordance with ISO 4217.  FYI, BTC is known as XBT.

I admin the Nxt Wiki at http://wiki.nxtcrypto.org/ Please support my work by donating to Nxt account #1234567740944417915
Anon136
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January 21, 2014, 05:46:12 PM
 #22064

Why Only 1000 bytes for arbitrary message?

An arbitrary number was taken.

hey cfb is there any reason why someone would have to store arbitrary messages on their computer for all time. I was thinking that after like a month or something people would be able to delete them out of their blockchain to save space. Do i have this right?

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
EvilDave
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January 21, 2014, 05:47:58 PM
 #22065


Oh and btw...Frictionless has another project going on:

http://cryptosource.org/ixcoin-a-very-old-bitcoin-clone-ready-to-skyrocket/

He's trying to dethrone Bitcoin, Mastercoin and now NXT.

Will he succeed? Stay tuned...

Threw up a reasonable comment on the story, with a link back to:
https://bitcointalk.org/index.php?topic=422052.0

Anyone else want to get their voice heard on FC and his projects, get commenting. Keep it civil, though.
http://cryptosource.org/ixcoin-a-very-old-bitcoin-clone-ready-to-skyrocket/

Nulli Dei, nulli Reges, solum NXT
Love your money: www.nxt.org  www.ardorplatform.org
www.nxter.org  www.nxtfoundation.org
ferment
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January 21, 2014, 05:48:32 PM
 #22066

The main purpose of Arbitrary Messages is to send signals, not to store data. During the shrinking all AMs will be removed.

What's your opinion on how to store data in a decentralized manner?

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January 21, 2014, 05:48:49 PM
 #22067

The REAL reason the value of NXT has spiked.

https://i.imgur.com/cW5BzLK.png?1

Coincidence?  I think not.

Cheesy
msin
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January 21, 2014, 05:50:18 PM
 #22068

Why Only 1000 bytes for arbitrary message?

An arbitrary number was taken.

But how can someone send a file? I can only split but with a 2 MB files became impossible

Think Torrents

I have a few 500GB SSD's ready for Nxt storage! 
Damelon
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January 21, 2014, 05:52:09 PM
 #22069

The REAL reason the value of NXT has spiked.

Pic

Coincidence?  I think not.

Cheesy

Seems legit.

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
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Come-from-Beyond
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January 21, 2014, 05:54:58 PM
 #22070

hey cfb is there any reason why someone would have to store arbitrary messages on their computer for all time. I was thinking that after like a month or something people would be able to delete them out of their blockchain to save space. Do i have this right?

U can't do it without changing the block payload hash.
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January 21, 2014, 05:56:52 PM
 #22071

Threw up a reasonable comment on the story, with a link back to:
https://bitcointalk.org/index.php?topic=422052.0

Anyone else want to get their voice heard on FC and his projects, get commenting. Keep it civil, though.
http://cryptosource.org/ixcoin-a-very-old-bitcoin-clone-ready-to-skyrocket/

I think FC will launch NEX. If he doesn't then theymos will do it. Now NEX is backed by theymos reputation. Smiley
Come-from-Beyond
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January 21, 2014, 05:57:19 PM
 #22072

The main purpose of Arbitrary Messages is to send signals, not to store data. During the shrinking all AMs will be removed.

What's your opinion on how to store data in a decentralized manner?

Service Providers.
marcus03
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January 21, 2014, 05:58:19 PM
 #22073

He's busy with NEM.  Question for CFB; Is a Reputation System being developed by JLC or You? (or plans to develop)  I was going to offer a bounty for a working version, implemented using public AM.  

Reputation System is not going to be implemented in foreseeable future.

Bummer...  My hope was that NXT Reputation System could help with giving reputation to closed source apps, too.

Didn't you say previously that RS would be needed for Asset Exchange?
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January 21, 2014, 05:59:10 PM
 #22074

Didn't you say previously that RS would be needed for Asset Exchange?

I did. Talking about foreseeable future I mean "before April".
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January 21, 2014, 06:00:31 PM
 #22075

hey cfb is there any reason why someone would have to store arbitrary messages on their computer for all time. I was thinking that after like a month or something people would be able to delete them out of their blockchain to save space. Do i have this right?

U can't do it without changing the block payload hash.

sure of course but when blocks are buried under a months worth of new blocks you can trust that you are on the right chain. thus you can just store the transactions and the block payload hash separately. And even though you couldn't calculate the hash out of the blocks you had, it would be such old news after a month that this wouldn't really matter.

just an idea. not prepared to claim that its a good one.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
marcus03
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January 21, 2014, 06:00:34 PM
 #22076

Didn't you say previously that RS would be needed for Asset Exchange?

I did. Talking about foreseeable future I mean "before April".

My understanding was that Asset Exchage would be before April.
Come-from-Beyond
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January 21, 2014, 06:01:43 PM
 #22077

sure of course but when blocks are buried under a months worth of new blocks you can trust that you are on the right chain. thus you can just store the transactions and the block payload hash separately. And even though you couldn't calculate the hash out of the blocks you had, it would be such old news after a month that this wouldn't really matter.

Shrinking works similar way. Nothing stops us from doing it each month.
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January 21, 2014, 06:02:15 PM
 #22078

My understanding was that Asset Exchage would be before April.

We r launching Asset Exchange without Reputation System.
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January 21, 2014, 06:03:43 PM
 #22079

sure of course but when blocks are buried under a months worth of new blocks you can trust that you are on the right chain. thus you can just store the transactions and the block payload hash separately. And even though you couldn't calculate the hash out of the blocks you had, it would be such old news after a month that this wouldn't really matter.

Shrinking works similar way. Nothing stops us from doing it each month.

Well im sure you have thought through all of this. Its just concerning to think of 100 billion people in the year 2800 still storing some idiots tweet about the fact that hes eating a sandwich from the year 2014. That would be a HUGE waste of resources. I just hope you and the other devs have an idea about how to avoid this.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
nexern
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January 21, 2014, 06:05:06 PM
 #22080

any ideas or preference how to distribute public keys for AM?
PGP e.g. has public key server for this. is this the way to go or better to store the keys into the blockchain at a defined key account?
need to know what users prefer, to add a keyring similar structure into the client. any crypto-pro here to advise?
the key could also exchanged via a secret account, known only by both parties, in case they prefer this.

does this makes sense?
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