NXT :: descendant of Bitcoin - Updated Information

[Come-from-Beyond]

Would it statistically even out if you do many transactions this way?

In the long run u would get ~100%.

[newsilike]

Would it statistically even out if you do many transactions this way?

In the long run u would get ~100%.

Yea that's good to know.

If we would really do it like this, the mixing must not be obligatory.

[marcus03]

Regarding Mixing Service. Do we need such on-chain service that mixes coins with anonymity-reliability trade-off? 30% anonymity means 70% reliability to get all the coins back. Yes, it means that with 100% anonymity u could get 0% - 200% coins back.

If you want to add this, call it NxtDice and not mixing service.

Explaining this to end-users and handling the NXT-mixer-stole-my-NXT follow-ups is just too much of a chore.

[ImmortAlex]

1337 page!!!

[MarvellousMutant]

I think 1M is a fair bounty if, and only if the following points are met:

it is made public
it is scientifically reviewed
it is easy to use, even for a noob
it is not the new NxTdice

[nxtgt]

Hi guys,

I'm a fish here and I hardly understand all you talk about. However, I have read everysingle page of this thread and I own a few thousands (not many) NXT.
Straight to the point: what I see from the outside is that time and money is been wasted in things that are not so important. Sbdy said "better think about a good voting system now than change it later". People, we CAN'T have the best product from the beginning. Things have to appear and then you can see the problems it arises and improves it. Lots of time is being wasted in important things but without reaching a conclusion (beause it's descentralized and it's difficult...) and this is damaging NXT because it will have competitors soon plus expectatives are going down (yes, it's a long term thing, but damnit, what's the point anyway?). I suggest to decide for something fairly good for each thing (gold, aluminum? It doesn't matter now, brands can be changed, specially when they haven't been heavily promoted yet, don't talk so much about these tings that don't affect NXT performance so much) and if needed, change or improve it in the future.

Remember that the best product can never be the first one released. You need something being adapted and while community grows, NXT will be improved and reach the final stage when it will be a real product. We are trying to build the house from the roof.

On the other hand, I don't understand what you are doing with marketing. It's important to reach people massively, true. But you want to spend crazy money on things with little ROI. Take redbull for instance: they knew they couldn't go for big things because they were limited and therefore, decided to invest in LOTS of little things (all alternative sports) in order to become big and popular.

Having said that, I admit it's easy to criticise without giving clear solutions, but I'm not an expert and don't know how to do it + lack of time. But I hope that those who can make this happen will take this into consideration, either they agree or not, at least to think about this.


EDIT: I have to sy you are doing a BIIIIIIG effort and this is highly appreciated. I'm just giving my two cents to try to make it better in the only way I can.

The reason is because of a reluctance to get organized. No one will even address the possibility that it may be more efficient to communicate in dedicated threads with focused discussion rather than one thread with 50 topics floating around.

[IveBeenBit]

Regarding Mixing Service. Do we need such on-chain service that mixes coins with anonymity-reliability trade-off? 30% anonymity means 70% reliability to get all the coins back. Yes, it means that with 100% anonymity u could get 0% - 200% coins back.

What the hell does "30% anonymity" even mean? Is that like being 30% pregnant?

[NxtChg]

No one will even address the possibility that it may be more efficient to communicate in dedicated threads with focused discussion rather than one thread with 50 topics floating around.

Don't you think we already tried that? It doesn't work.

There will be 3 people in that dedicated thread and that's it.

[nexern]

nexern lie about the client release first it was the 26 than 29, now noone knows! HUGE red flag here.

even the dev is saying it is third generation!
I wouldt call it never generation vaporwarecoin.
But luckely you've have articles to read and video to watch, 1M NXT of it.

this is going nowhere its rediculous.
more and more investors start to vent frustrations here dont you see! price is tanking!
GET a GRIP!

emule, it seems to me you are under heavy time pressure and in the need to grab some sources
to get a free client for your other dirty coins. am i right?

if so, i will add a disclaimer to prohibit a plain selling even if you don't care. will also
talk to marcus03 and minusbalancer todo so. iirc there was a ridiculous conversation with NEX
where a guy called frictionless showed his extrem shabby attitude by selling code due to it's
open minded policy. i will never understand how these kind of people still can look into
the mirror every morning. normaly this must be a pain.

anyway, if i am wrong, you can ignore above said but in any case take this:

[Come-from-Beyond]

Regarding Mixing Service. Do we need such on-chain service that mixes coins with anonymity-reliability trade-off? 30% anonymity means 70% reliability to get all the coins back. Yes, it means that with 100% anonymity u could get 0% - 200% coins back.

What the hell does "30% anonymity" even mean? Is that like being 30% pregnant?

In 3 7 cases of 10 real accounts will be linked.

[NxtChg]

Regarding Mixing Service. Do we need such on-chain service that mixes coins with anonymity-reliability trade-off? 30% anonymity means 70% reliability to get all the coins back. Yes, it means that with 100% anonymity u could get 0% - 200% coins back.

What the hell does "30% anonymity" even mean? Is that like being 30% pregnant?

In 3 7 cases of 10 real accounts will be linked.

And in other 3 cases you lose money?

[EmoneyRu]

1337 page!!!

1337 |D493

And in other 3 cases you lose money?

If you receive all your money, it will be easily traceable.

[Come-from-Beyond]

Regarding Mixing Service. Do we need such on-chain service that mixes coins with anonymity-reliability trade-off? 30% anonymity means 70% reliability to get all the coins back. Yes, it means that with 100% anonymity u could get 0% - 200% coins back.

What the hell does "30% anonymity" even mean? Is that like being 30% pregnant?

In 3 7 cases of 10 real accounts will be linked.

And in other 3 cases you lose money?

No, u'll get the coins. From 70% to 130% of the initial amount.

[Come-from-Beyond]

If you receive all your money, it will be easily traceable.

The guy states they won't.

[joefox]

Vault of Satoshi adding NXT in near future!
http://www.coindesk.com/vault-of-satoshi-new-altcoin-support/

"Among those soon to be supported by the exchange are Marketcoin, and Nxt. However, these are taking considerably more work due to their fundamentally different architectures, he said."

I'm a big fan of Vault of Satoshi, as a Canadian -- they're my fave exchange here -- but they've not had a terrific track record for meeting deadlines.  Frankly, they seem to value quality over quantity, so I'm not terribly bothered by this fact.   I'm happy to hear this news but I'm also quick to add that it might be a while yet before we see Nxt and Marketcoin listed there.

[bitcoinpaul]

I thought mixing would be a direct implementation on nxt code 

[Come-from-Beyond]

I thought mixing would be a direct implementation on nxt code 

That's true.

[newsilike]

I thought mixing would be a direct implementation on nxt code 

That's right.
Otherwise it would be just another tumbler; centralized, high fees

[NxtChg]

No, u'll get the coins. From 70% to 130% of the initial amount.

Ah, now I get it.

And he wants 1 mil before he tells his idea? What if it's flawed? Will he return the money?

If that's going to be 1 mil from unspent coins we need to be damn sure his idea is solid.

And that nobody here is able to do it for less than $70,000.

[EmoneyRu]

The guy states they won't.

I think ZeroCoin idea with partial withdrawing and 100% saving is cool. The problem is that fading coins will prevent forging with them, but right now I don't care about it.