NXT :: descendant of Bitcoin - Updated Information

[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.

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[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.

[Come-from-Beyond]

...great idea. Also use some founds for CFB to finish Lakshmi [LAK]

Lakshmi is very easy to create. All work could be done for 100 NXT. I don't do it coz I'm waiting for my partner, when she sorts out all legal issues.

[google98]

Do you think it is a good time to buy right now (~0,000080)?

[Coinonaer]

...great idea. Also use some founds for CFB to finish Lakshmi [LAK]

Lakshmi is very easy to create. All work could be done for 100 NXT. I don't do it coz I'm waiting for my partner, when she sorts out all legal issues.

Hopefully she get's this solved and does not have any further problem with the police. So as long Lakshmi is not forgotten, we should be fair and wait until Nxtgirl is ready again. 

[dzarmush]

Do you think it is a good time to buy right now (~0,000080)?

You'll probably be able to buy at 0.00007-0.000075 within next couple of days. But something might happen, for instance Cryptsy may ad Nxt or Nexern release the client. In this case price will go up.

I was buying at 0.000069-0.000076 the last week. The price went under 0.00008 several times and then climbed back.

[jl777]

Do you think it is a good time to buy right now (~0,000080)?

You'll probably be able to buy at 0.00007-0.000075 within next couple of days. But something might happen, for instance Cryptsy may ad Nxt or Nexern release the client. In this case price will go up.

I was buying at 0.000069-0.000076 the last week. The price went under 0.00008 several times and then climbed back.

We need emule!

[2Kool4Skewl]

Do you think it is a good time to buy right now (~0,000080)?

You'll probably be able to buy at 0.00007-0.000075 within next couple of days. But something might happen, for instance Cryptsy may ad Nxt or Nexern release the client. In this case price will go up.

I was buying at 0.000069-0.000076 the last week. The price went under 0.00008 several times and then climbed back.

We need emule!

lol

[Come-from-Beyond]

I don't often generate an NXT password, but when I do, I use 50+ random characters from Google Awesome Password Generator ( http://code.google.com/p/awesome-password-generator/ ).

Reminded me:

I don't often buy NXT,
but when I do, I beg for them

PS: We could create a collection of these "I don't often..." memes.

[landomata]

@James

You mentioned that a part of your NxtCommunityfund will be paid on marketing....you should initiate this immediately....we run two separate marketing campaigns.


Let both marketing campaigns compete to product more results for Nxt.

[salsacz]

Here a little light reading for u guys, looks like I finished it at a very appropriate moment:

EvilDaves totally non-evil Carbon-offset program for NXT

my dad is a world famous ecology prof, so maybe I could provide some expertises or get forwarded to even more active people (+ big contacts with green party, societies, academics and third world countries)

[2Kool4Skewl]

While saving energy and being eco-friendly is a strong argument in Nxt's favor, let's not forget that even more importantly Nxt gives people economic freedom.  This is the most important freedom of all.  You can give people every other freedom in the world, but without economic freedom it means nothing.  They are still slaves to the "debt as money" usury capitalists.

Bitcoin is broken because the security of the network can be forcibly compromised by third-parties.  Nxt's security does not have this issue.  A third-party would have to hold over 90% of all the currency to destroy Nxt.  To destroy Bitcoin, a third-party would only have to have over 51% of the network processing power.  Any entity can purchase tons of ASICs and destroy Bitcoin.

[jl777]

@James

You mentioned that a part of your NxtCommunityfund will be paid on marketing....you should initiate this immediately....we run two separate marketing campaigns.


Let both marketing campaigns compete to product more results for Nxt.

In order to properly budget the NXTcommunityfund, I need to find out what is happening to the unclaimed NXT. Remember, I can only allocate one third of the fund to marketing, so it is actually not so much compared to the 3 million authorized from unclaimed NXT.

It seems that very soon, we will get clarity on the issue. I do believe the trade shows funding request got approved with flying colors.

Are there unfunded marketing campaigns that are super time sensitive?

********
CfB, you said you would prefer to delegate the management of the 3M NXT for marketing. Have you decided who you will delegate it to?

James

[bitcoinpaul]

[NXT] Community nominations to the funding committee
https://bitcointalk.org/index.php?topic=445209.0

[NXT] Quick Poll for Conference Funding
https://bitcointalk.org/index.php?topic=445338.0

[jl777]

While saving energy and being eco-friendly is a strong argument in Nxt's favor, let's not forget that even more importantly Nxt gives people economic freedom.  This is the most important freedom of all.  You can give people every other freedom in the world, but without economic freedom it means nothing.  They are still slaves to the "debt as money" usury capitalists.

Bitcoin is broken because the security of the network can be forcibly compromised by third-parties.  Nxt's security does not have this issue.  A third-party would have to hold over 90% of all the currency to destroy Nxt.  To destroy Bitcoin, a third-party would only have to have over 51% of the network processing power.  Any entity can purchase tons of ASICs and destroy Bitcoin.

Even 33% attacks are possible for bitcoin. A financial attack (massive buys for all NXT) will probably not get more than 90%, so we are safe even from that.

There is a guy in France who wants to create a totally NXT based society. I thought it was kind of cool. Buy a cow with NXT!

When the fiat currencies start to fail, one after another, people will need crypto to carry on commerce.

James

[landomata]

@James

You mentioned that a part of your NxtCommunityfund will be paid on marketing....you should initiate this immediately....we run two separate marketing campaigns.


Let both marketing campaigns compete to product more results for Nxt.

In order to properly budget the NXTcommunityfund, I need to find out what is happening to the unclaimed NXT. Remember, I can only allocate one third of the fund to marketing, so it is actually not so much compared to the 3 million authorized from unclaimed NXT.

It seems that very soon, we will get clarity on the issue. I do believe the trade shows funding request got approved with flying colors.

Are there unfunded marketing campaigns that are super time sensitive?

the 3 million will be paid out in parts on a monthly basis on the 18th of each month for the next year....that is confirmed.

after CfB leaves is post it will be managed by the funding committee....but the terms will not change.

[Coinonaer]

Here a little light reading for u guys, looks like I finished it at a very appropriate moment:

EvilDaves totally non-evil Carbon-offset program for NXT

my dad is a world famous ecology prof, so maybe I could provide some expertises or get forwarded to even more active people (+ big contacts with green party, societies, academics and third world countries)

So your Dad is not my good friend Vaclav Klaus, the best politician ever from the Tchech Republic.

[bitcoinpaul]

my dad is a world famous ecology prof, so maybe I could provide some expertises or get forwarded to even more active people (+ big contacts with green party, societies, academics and third world countries)

I see nice opportunities. Let's keep this in mind.