NXT :: descendant of Bitcoin - Updated Information

[Come-from-Beyond]

Curious, how is multi-sig supposed to work when the account # is limited in length?

With Account Control. It's not related to account #.

[l8orre]

could it be possible to introduce a protected field 'timeOfCreation' into an order, that will not be overwritten by the forgers, and can then be put into the transaction field? I understand that there may be a reason for the forgers to overwrite the timestamps, but when we put the 'timeOfCreation' into a part of the payload of the order, we could get it out of the way of what the forgers are doing ...

Original timestamp is saved, but it means nothing. It also can be faked by transaction sender.

That is probably not worry - because that will be very unpractical, and there will be no way to cheat.
Consider: faking some timestamps does not give the faker a profit, and there will be many transactions.

It is only a feature for people to look at the trades after they have happened, and extract the information -
- 'buyer coming to seller' or 'seller coming to buyer' . if you look at a lot such transactions, you may get an idea of what is happening in the market, but how would anyone be able to cheat by faking many such data?

[Come-from-Beyond]

It is only a feature for people to look at the trades after they have happened, and extract the information -
- 'buyer coming to seller' or 'seller coming to buyer' . if you look at a lot such transactions, you may get an idea of what is happening in the market, but how would anyone be able to cheat by faking many such data?

Alice places an ASK order - 10 BTC for 100 NXT at 15:00
Bob sees her unconfirmed transaction and places a BID order - 3 BTC for 100 NXT at 15:05
Charlie forges a block with Bob's transaction at 15:10
Dan forges a block with Alice's transaction at 15:15

3 days later we analyze the blockchain and see that Alice came to Bob, not Bob to Alice.

Also Bob could send his transaction with timestamp set to 14:30 (fake timestamp).

[ebereon]

Nice work, ebereon.

Putting a solar RaspPi NXT node on display at the conferences will give us a unique talking/selling point for NXT, so I think that we need to prioritise these as promo material.

So, 3 points to begin with:

Ebereon: can u put more of these together for both Berlin and Amsterdam canferences ?
I have some conference experience and the chances of just one system surviving 2 conferences is minimal.....

Thanks!

Sure, there is not problem to make more. But keep care of the equipment at the conferences, we wont throw our moneys(NXT) away because of lazyness
If there is something broken after a conference, I can simply repair it!

Greets,
eb

PS.: The solar NXT node is now running without powersupply. Lets see how long this will run... forever?  
New photos here -> http://imgur.com/EpJdKJi,3vJ2Yv5#0

[l8orre]

It is only a feature for people to look at the trades after they have happened, and extract the information -
- 'buyer coming to seller' or 'seller coming to buyer' . if you look at a lot such transactions, you may get an idea of what is happening in the market, but how would anyone be able to cheat by faking many such data?

Alice places an ASK order - 10 BTC for 100 NXT at 15:00
Bob sees her unconfirmed transaction and places a BID order - 3 BTC for 100 NXT at 15:05
Charlie forges a block with Bob's transaction at 15:10
Dan forges a block with Alice's transaction at 15:15

3 days later we analyze the blockchain and see that Alice came to Bob, not Bob to Alice.

Also Bob could send his transaction with timestamp set to 14:30 (fake timestamp).

ah I see -
the 'unconfirmed transaction' has a timestamp from the issuer (ALICE), and BOB can see that, although it is not confirmed by a forger yet. So ALICE(15:00), BOB(15:05), but when the blocks are forged it will be CHARLIE(15:10(BOB)) and DAN(15:15(ALICE)).

Then using the 'unconfirmed timestamp' is the best information there is. But why would BOB fake the timestamp? For this individual transaction, it does not matter, and there is no profit for BOB to do cheat.

Only doing this on a routine basis to obfuscate his actions, and then he might get caught eventually ?!?!

[ebereon]

You could drill a hole thru the plastic instead of having to squeeze the ethernet cord....then it would be enclosed and maybe waterproof.

Well, this was only for testing, look at the 2 new photos 

[scor2k]

Hi all!

I want to show your website to take part in the contest "AM contest".

URl: http://nxtdb.info
Main idea: http://nxtdb.info/howitworks/

Thanks you 

[Come-from-Beyond]

Then using the 'unconfirmed timestamp' is the best information there is. But why would BOB fake the timestamp? For this individual transaction, it does not matter, and there is no profit for BOB to do cheat.

Only doing this on a routine basis to obfuscate his actions, and then he might get caught eventually ?!?!

There might be profit, I don't know. But I doubt u could catch Bob.

[nxtru]

Hi all!

I want to show your website to take part in the contest "AM contest".

URl: http://nxtdb.info
Main idea: http://nxtdb.info/howitworks/

Thanks you 

Nice idea.

[l8orre]

Then using the 'unconfirmed timestamp' is the best information there is. But why would BOB fake the timestamp? For this individual transaction, it does not matter, and there is no profit for BOB to do cheat.

Only doing this on a routine basis to obfuscate his actions, and then he might get caught eventually ?!?!

There might be profit, I don't know. But I doubt u could catch Bob.

this is an extremely interesting discussion! In fact, in the markets: INFORMATION = PROFIT
simple example: when you know somebody wants a to a big lot of something, then you know that the price will go up!
That is why there is very little information in the markets, and finding it is profit.

On the other hand, BOB would not even be doing something 'illegal', but he is not cheating anyone - he is simply concealing his intention. That might not even be considered cheating.

Can you put the information of the 'unconfirmed timestamps' in the TRADE-transaction?  Would be a great benefit and a starting point to discuss extensions for API2 ...

[chanc3r]

Any UK Nxt holders? We need to position ourselves to get on Bittylicious to increase liquidity. The ability to purchase Nxt without Bitcoin is a big deal and one we should put some energy towards.

My KYC/registration with Bittylicious is pretty much complete, I can see they have about 4 Alt's on there already.
I don't know if anyone else has contacted them - I've emailed them to see if they will let me sell NXT.

Submitted my seller application now, status is under review, stated I want to sell NXT - lets see what they say.

[Come-from-Beyond]

Can you put the information of the 'unconfirmed timestamps' in the TRADE-transaction?  Would be a great benefit and a starting point to discuss extensions for API2 ...

Ok. I'll replace seller/buyer accounts with corresponding order placing transactions.

[Come-from-Beyond]

Submitted my seller application now, status is under review, stated I want to sell NXT - lets see what they say.

U declared NXT as commodity, right? Coz BCNext sold 1'000'000'000 units of this commodity for 21 BTC and now we all just resell them.

Edit: I mean that NXT is not money (at least we could pretend it's not ).

[Passion_ltc]

Who is the owner of the blockexplorer?

The "statistics" page shows a chart of the daily fees. I would like to see this data, but there was a day with 500.000 NXT fee that just fucks up the whole data. Would it be possible to make a log chart?

http://87.230.14.1/nxt/nxt.cgi?action=40&sub=4

http://87.230.14.1/nxt/nxt.cgi?action=40&sub=7

A graph is much better.

[Labteck]

I made a withdrawal from DGEX, and not only do those asses take a 1.4% withdrawal fee, it's now been a few days and I still haven't seen my money. It took them two days to approach me by mail - the one I signed up with - and they're asking me to deposit more money to prove my identity. Two more days have passed since, a day since the last communication.

What the fuck? What a terrible exchange.

Dgex it's a horrible nightmare,very bad support,etc etc etc

[scor2k]

Hi all!

I want to show your website to take part in the contest "AM contest".

URl: http://nxtdb.info
Main idea: http://nxtdb.info/howitworks/

Thanks you 

Nice idea.

Thanks

[dzarmush]

I made a withdrawal from DGEX, and not only do those asses take a 1.4% withdrawal fee, it's now been a few days and I still haven't seen my money. It took them two days to approach me by mail - the one I signed up with - and they're asking me to deposit more money to prove my identity. Two more days have passed since, a day since the last communication.

What the fuck? What a terrible exchange.

There's a notice that your account might be locked and put under investigation if you (or someone else) is trying to send money to a new account. I feel safe with such rules.

[Labteck]

I made a withdrawal from DGEX, and not only do those asses take a 1.4% withdrawal fee, it's now been a few days and I still haven't seen my money. It took them two days to approach me by mail - the one I signed up with - and they're asking me to deposit more money to prove my identity. Two more days have passed since, a day since the last communication.

What the fuck? What a terrible exchange.

There's a notice that your account might be locked and put under investigation if you (or someone else) is trying to send money to a new account. I feel safe with such rules.

I dont feel save when someone keeps my money for "investigation"
better use BTER = professionals services

[dzarmush]

I made a withdrawal from DGEX, and not only do those asses take a 1.4% withdrawal fee, it's now been a few days and I still haven't seen my money. It took them two days to approach me by mail - the one I signed up with - and they're asking me to deposit more money to prove my identity. Two more days have passed since, a day since the last communication.

What the fuck? What a terrible exchange.

There's a notice that your account might be locked and put under investigation if you (or someone else) is trying to send money to a new account. I feel safe with such rules.

I dont feel save when someone keeps my money for "investigation"
better use BTER = professionals

Well, 2 step authorisation is better, but we have what we have. Since Dgex doesn't have 2SA it'll be better if they at least look for withdrawal addresses.

[Come-from-Beyond]

I dont feel save when someone keeps my money for "investigation"
better use BTER = professionals services

It's fine as long as they don't violate ToS. U read ToS, didn't u?