NXT :: descendant of Bitcoin - Updated Information

[jl777]

Like I said, I thought they were already implementing some type of reputation system for the decentralized exchange. Why not just tie this reputation into the voting system. Sounds way better than just pure 1Nxt=1Vote to me.

Oh, and I already have over 100k. And I think you mean $10,000 not $1000  

I'm not 100% sure what the NXT devs are implementing, but the true decentralized exchange is trustless. Anything else (like ripple clone, counterparty) would just be false marketing.

There is a 100000 NXT bounty for an automated DAC gateway

There are devs working on an automated DAC gateway that will do blockchain transactions in other cryptos. What this means is that NXT <-> ANY will be able to be traded directly using the DAC. With a little more effort, the Asset Exchange can be setup to trade ANY and when you want to redeem it, the ANY will end up in your ANY wallet.

So, decentralized trustless exchange is possible with NXT, once we get the automatic gateways. Still looking for feedback and help from the people who can figure out some details that are a bit beyond me, but I have full confidence all these issues will be solved.

ANY: can be any other crypto that we add support for, eg. BTC, PPC, XCP, etc.

[jl777]

Like I said, I thought they were already implementing some type of reputation system for the decentralized exchange. Why not just tie this reputation into the voting system. Sounds way better than just pure 1Nxt=1Vote to me.

Oh, and I already have over 100k. And I think you mean $10,000 not $1000  

I'm not 100% sure what the NXT devs are implementing, but the true decentralized exchange is trustless. Anything else (like ripple clone, counterparty) would just be false marketing.

Also, counterparty already does trustless exchanges for XCP <-> BTC. It can do this because it is implemented right on top of BTC blockchain

[iruu]

There is a 100000 NXT bounty for an automated DAC gateway

There are devs working on an automated DAC gateway that will do blockchain transactions in other cryptos. What this means is that NXT <-> ANY will be able to be traded directly using the DAC. With a little more effort, the Asset Exchange can be setup to trade ANY and when you want to redeem it, the ANY will end up in your ANY wallet.

So, decentralized trustless exchange is possible with NXT, once we get the automatic gateways. Still looking for feedback and help from the people who can figure out some details that are a bit beyond me, but I have full confidence all these issues will be solved.

ANY: can be any other crypto that we add support for, eg. BTC, PPC, XCP, etc.

What is DAC? Decentralized Autonomous Corporation?

Also, do you know where is the full bounty list? I'm only aware of https://nextcoin.org/index.php/board,8.0.html but I don't see anything about a decentralized exchange there

[jl777]

There is a 100000 NXT bounty for an automated DAC gateway

There are devs working on an automated DAC gateway that will do blockchain transactions in other cryptos. What this means is that NXT <-> ANY will be able to be traded directly using the DAC. With a little more effort, the Asset Exchange can be setup to trade ANY and when you want to redeem it, the ANY will end up in your ANY wallet.

So, decentralized trustless exchange is possible with NXT, once we get the automatic gateways. Still looking for feedback and help from the people who can figure out some details that are a bit beyond me, but I have full confidence all these issues will be solved.

ANY: can be any other crypto that we add support for, eg. BTC, PPC, XCP, etc.

What is DAC? Decentralized Autonomous Corporation?

Also, do you know where is the full bounty list? I'm only aware of https://nextcoin.org/index.php/board,8.0.html but I don't see anything about a decentralized exchange there

It is brand new, came out yesterday and docs not updated yet. This is a bounty from NXTcommunityfund

I am also waiting for feedback on more DACs and will attach bounties to the ones that make the most sense.

James

[IveBeenBit]

There is a 100000 NXT bounty for an automated DAC gateway

There are devs working on an automated DAC gateway that will do blockchain transactions in other cryptos. What this means is that NXT <-> ANY will be able to be traded directly using the DAC. With a little more effort, the Asset Exchange can be setup to trade ANY and when you want to redeem it, the ANY will end up in your ANY wallet.

So, decentralized trustless exchange is possible with NXT, once we get the automatic gateways. Still looking for feedback and help from the people who can figure out some details that are a bit beyond me, but I have full confidence all these issues will be solved.

ANY: can be any other crypto that we add support for, eg. BTC, PPC, XCP, etc.

I started a thread about DACs over here.

[TwinWinNerD]

I made a bet on the NXT price at the end of the year.

(as if my stash of NXT isn't enough of a bet hehe)

The content of the bet i posted into the blockchain using AM. Pretty neat prove i think.

[Eadeqa]

If you should destroy nxt, at least you can fucking donate them to needing people around the world (homeless children of manilla). Would be many that would cry their eyes out if they got that kind of money.

regards
j0b

True. Destroying them would be the dumbest idea. 

[joefox]

New Nxt Minute (for the Feb 4 2104 Let's Talk Bitcoin podcast) is here: https://soundcloud.com/whatsupnxt/nxtminute-0003

Comment/feedback thread: https://forums.nxtcrypto.org/viewtopic.php?f=51&t=726

[Eadeqa]

As of 2013, there is speculation that some state cryptologic agencies may possess the capability to break RC4 even when used in the TLS protocol. Microsoft recommends disabling RC4 where possible.

Why Nxt uses RC4? Why isn't the connection encrypted with AES?

[mishan]

Hey guys, would anybody be generous enough to donate couple of NXT’s to get me started? I’m a noob in this world of cryptocurrency… 

1762953482260651997

Thank you!

[Eadeqa]

Hey guys, would anybody be generous enough to donate couple of NXT’s to get me started? I’m a noob in this world of cryptocurrency… 

1762953482260651997

Thank you!

try http://nxtra.org/faucet/

[Asian Prepper]

In this 2nd video with Anon136, we will discuss how the Nextcoin (NXT) network defends against a 51% attack which some consider to be a weakness in the Bitcoin protocol.

We will discuss the possibility of such an attack on the Nextcoin (NXT) protocol in theory and if it really is possible in reality.

http://prisonorfreedom.com/how-does-nextcoin-nxt-defend-against-a-51-attack/

Tai Zen

[Coinonaer]

Its *NOT* the GW debate...read the post, carefully avoided Global Warming completely.
Pollution yes, GW, no, so lets not start in on it.

Right. If one time gw is confirmed and accepted by 95% of people we'll play this card. For now it's 50/50.

I can't let this go: http://climate.nasa.gov/scientific-consensus
97% consensus that climate change is man made.

The problem Uniqueorn, is that real science is NOT done by consensus. If that were the case, then we'd still think that the earth was at the center of the universe... I could go on and on with examples of why consensus has no place in the scientific method. Furthermore, I need to point out the MASSIVE incentive governments have in paying scientists to come up with the statistics they want people to see. Don't you see just what kind of money is involved in 'carbon taxing' every single person on earth?... Right now we're seeing record low temperatures all over the world. They changed 'global warming' to 'climate change', and I'm sorry... but the earth's climate has been changing for something like 4.5 billion years.

I could go on and on. The main thing is: real science isn't done by consensus.
and second: If people want to agree that the earth's climate is changing in a negative way, that's fine. Just DON'T steal peoples money through taxation in an attempt to fix the problem. It won't work. Yeah, plant some trees or something. But FORCE is NEVER the answer.

WHY THE MOTHERFUCKING CUNTBUGGLE DO YOU BRING UP TAXES AND FORCE? This has NOTHING to do with NXT.

Climate change has ALL the emperical evidence on it's side. He asked for consensus and I gave it to him. If he wants EVIDENCE and studies I will also hand that to him. NO PROBLEM.

Your conspiracy theories are just fucking boring, as someone who has studied and still keep physics as a main interest: please stop talking about science as if it is possible to manipulate 97% of climate scientists to lie or "publish or perish" the same conslusion. That's not how the sciences are done. Sorry to burst your bubble.

We are seeing LOCAL temperature lows around the globe, yes, but the GLOBE is warming up. See the difference? Local = climate change. Global WARMING. ITS STILL FUCKING WARMING GLOBALLY HENCE THE NAME GLOBAL WARMING. PLease can you please understand this?
People like you are the reason they had to change the name to "climate change" because people like you are too scientifically illiterate to understand that GLOBAL means GLOBAL and not your backyard.

I can't fucking continue this discussion. You are not worthy

welcome on my ignore list Al Gore Fanboy

[mishan]

Hey guys, would anybody be generous enough to donate couple of NXT’s to get me started? I’m a noob in this world of cryptocurrency… 

1762953482260651997

Thank you!

try http://nxtra.org/faucet/

Tried it already, for some reason it shows me "Invalid request". Any other websites available to check?

[Come-from-Beyond]

Let me know if I can do something more. If you like it I can give you the 3d model.

I like ur pic but I asked for ivory on slate with ornament on the border for that amount.

Sorry for asking too much questions :p Do you mean like this (sketch);

No. The logo must be not cut. But this part in ur pic, repeat a lot of times, must form the border.

[Come-from-Beyond]

can we at least come to consensus on this: use some of the fund to extend or reinstate cfb's contract if he agrees. + this if you agree


@CFB are you open to this?

No, sorry. I have other things to do.

[pandaisftw]

As of 2013, there is speculation that some state cryptologic agencies may possess the capability to break RC4 even when used in the TLS protocol. Microsoft recommends disabling RC4 where possible.

Why Nxt uses RC4? Why isn't the connection encrypted with AES?

Isn't it all localhost anyways? Nothing in the GUI is being transmitted outside your computer.

[Eadeqa]

As of 2013, there is speculation that some state cryptologic agencies may possess the capability to break RC4 even when used in the TLS protocol. Microsoft recommends disabling RC4 where possible.

Why Nxt uses RC4? Why isn't the connection encrypted with AES?

Isn't it all localhost anyways? Nothing in the GUI is being transmitted outside your computer.

I know that, but what if I want to connect to to it when I am traveling? For example, from my Android phone.


I want better encryption implementation

[^[GS]^]

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[Come-from-Beyond]

Result AM contest:


1) passion_ltc                         55 (23.9%) 50,000 NXT to 13337237365691622237
2) Minusbalancer                         53 (23%)   30,000 NXT to 5687942189255392308
3) landomata (Nxtty Messenger)   42 (18.3%) 20,000 NXT to 485245472715464717

4) Marcus03                         21 (9.1%) 15,000 NXT to 1758531264253431177
4) nxtru                                 21 (9.1%) 15,000 NXT to 6488861056876578743
4) getfun12345                         21 (9.1%) 15,000 NXT to 5693933960808456307
5) scor2k                                 17 (7.4%) 15,000 NXT to 13506390574400724639

Total Voters:  230  

Pretty strange result... I had like 4 votes just a few hours ago...

I know something strange happend... but can we find ourselves in the results?

I got a proof that one guy offered to fake the result by using a lot of sockpuppet accounts. He asked for part of the reward. We shouldn't use reward polls next time.

This time I'll send 22'857 NXT to each account.