NXT :: descendant of Bitcoin - Updated Information

[Damelon]

I dont think you understand the meaning of the term "RESPECTED academic".  I capitalized that important word there to stress the emphasis on that word for you.

Oh no, I understand it. Part of RESPECT is not taking money from people, whose work you are reviewing.

Or maybe it's just my right-and-wrong model is outdated, judging by the number of people here, who think it's totally Ok.

And if you plan him to go through source, then shouldn't you just hire a company to do your security audit, not an academic?

Sad as it is, even academics need more money these days.
Let him put it towards funding some of his/her research.

Edit: CIYAM's version is even better.

[BloodyRookie]

IMO top academics != top coders, so if you want a code review those guys are probably not the best address.

[NxtChg]

Once again - you are having troubles understanding the academic world - important academics are not generally "rich" although they are also not generally "poor" either (so they don't work for nothing).

Exactly.

Their reputation amongst their peers is *all important* to them - they are not at all likely to risk their reputation through shoddy work that is going to be "peer reviewed".

More reasons not to put any spots on that reputation by taking money.

OK, I can't keep up responding to all of you jumping at me like this.

So I will stop now. I can't veto the idea, all I can do is warn, which I did. So my work here is done.

Apparently, I need to upgrade my ethics...

[opticalcarrier]

I dont think you understand the meaning of the term "RESPECTED academic".  I capitalized that important word there to stress the emphasis on that word for you.

Oh no, I understand it. Part of RESPECT is not taking money from people, whose work you are reviewing.

this makes no sense whatsoever.  It directly conflicts with any common sense, and also with your very last statement

Or maybe it's just my right-and-wrong model is outdated, judging by the number of people here, who think it's totally Ok.

thats ok, we all think you are a bit nutso yourself

And if you plan him to go through source, then shouldn't you just hire a company to do your security audit, not an academic?

wait, I thought it was immoral to "taking money from people, whose work you are reviewing" yet you are suggesting a company to do exactly this.  Isnt then any company that would do this work for us immoral? 

Wait, do you mean to say that its fine for a company to do the work, and it not be immoral, yet it would be immoral for a academic type to provide the same services?  Its not your "right-and-wrong model" that is outdated, nor your moral compass.  its your whole ship that is upside down

[CIYAM]

It seems to me u confused Nxt PoS algo and Nxt crypto algo. We collected 10 BTC for crypto audit only.

If I am right, there will be 10 more BTC from two different users - each 5 BTC.

No. CIYAM offered 5 BTC for PoS algo.

Note - I am flexible over this - if you can convince me that it is worth it for the crypto audit only then I will contribute the 5 BTC to that.

[utopianfuture]

I dont think you understand the meaning of the term "RESPECTED academic".  I capitalized that important word there to stress the emphasis on that word for you.

Oh no, I understand it. Part of RESPECT is not taking money from people, whose work you are reviewing.

Or maybe it's just my right-and-wrong model is outdated, judging by the number of people here, who think it's totally Ok.

And if you plan him to go through source, then shouldn't you just hire a company to do your security audit, not an academic?

Hiring a reputable security company to audit the codes is not bad idea. Essentially it is the same idea so maybe it is worthwhile to explore this venue.

[Damelon]

OK, I can't keep up responding to all of you jumping at me like this.

I'm not jumping at you. I respect your position. I just disagree and want to explain why.
I understand the worries, but don't think it will be that much of an issue.

I also respect you for voicing your opinion!

[CIYAM]

OK, I can't keep up responding to all of you jumping at me like this.

I'm not jumping at you. I respect your position. I just disagree and want to explain why.
I understand the worries, but don't think it will be that much of an issue.

I also respect you for voicing your opinion!

Agreed - just understand that this is how all "audit" companies work - they are "paid" to do "audits" and they are paid by the very companies that they are auditing (and indeed some audit companies have ended up being demolished by bad ethics but that hasn't stopped plenty of others being able to remain both ethical and profitable).

[NxtChg]

thats ok, we all think you are a bit nutso yourself

Oh, thank you for your kind words. Do you want me to leave?

[landomata]

sorry guys just needed little help where's the best place to buy & park a domain name...preferably using paypal?

I normally use hostgator but wanted to see if there was a better option.

[bitcoinpaul]

... and indeed some audit companies have ended up being demolished by bad ethics bad that hasn't stopped plenty of others being able to remain both ethical and profitable).

!

[CIYAM]

thats ok, we all think you are a bit nutso yourself

Oh, thank you for your kind words. Do you want me to leave?

Your opinions are welcomed and worth discussing so please don't leave on my behalf.

[Damelon]

thats ok, we all think you are a bit nutso yourself

Oh, thank you for your kind words. Do you want me to leave?

Your opinions are welcomed and worth discussing so please don't leave on my behalf.

Seconded

[bitcoinpaul]

thats ok, we all think you are a bit nutso yourself

Manners, k?

[utopianfuture]

OK, I can't keep up responding to all of you jumping at me like this.

I'm not jumping at you. I respect your position. I just disagree and want to explain why.
I understand the worries, but don't think it will be that much of an issue.

I also respect you for voicing your opinion!

Agreed - just understand that this is how all "audit" companies work - they are "paid" to do "audits" and they are paid by the very companies they are auditing.

Well I think NxtChg has a point in an idealistic sense. Remember how Moody rated all these mortgage back securities (MBS), credit default swap (CDS) in 2006-2007.

Hopefully, at least some of you understand my references. Unfortunately that is how it generally works in independent rating and researches today.

[opticalcarrier]

thats ok, we all think you are a bit nutso yourself

Oh, thank you for your kind words. Do you want me to leave?

of course not; just explain how its ok for a "company" to do an audit of our curve signing implemenation, but not ok for a private competent individual to do it, just because he happens to teach at a university?

[CIYAM]

Hopefully, at least some of you understand my references here. Unfortunately that is how it generally works in independent rating and researches today.

Yes - I get it and unfortunately I think some others don't realise how modern day academic research is generally funded (by industry).

[bitcoinpaul]

Hey guys this is NiftyNikel

While I would be more than happy to be part of a team with a dev to field questions, I feel that me alone would not be a good idea. While I am technically minded, I am no where near a dev level to be able to articulate the inner workings of the protocol or it's advanced features. Since this is more geared towards the technical side, I say we need to get a dev out there for the panel.

I would be willing to chip in to get a dev there and be on the panel with them, but time is limited and something needs to happen soon. Like others have said, this is an amazing opportunity for Nxt and we should do everything possible to get a dev there.

So guys, 10 minute break of this pay-or-not-pay-stuff.

Let's wangle this! Thoughts, comments, ideas?

[Chang Hum]

Can anyone remember how much Satoshi paid Kasperski?

[NxtChg]

of course not; just explain how its ok for a "company" to do an audit of our curve signing implemenation, but not ok for a private competent individual to do it, just because he happens to teach at a university?

Ok, I'll try one more time (by the way, nice example from utopianfuture about the rating agencies).

When you pay a company, it does the audit and hands results to you.

When an (already-on-a-salary) academic does a review, he announces it to the whole world.

Small, but crucial difference.