NXT :: descendant of Bitcoin - Updated Information

[farl4web]

How is forging going to be interested when the fees are as low as 0,01?

For payment I understand lower fees are much better, and for messaging they should be almost null. Can the fee be set in defferent categories?

Messaging: 0,001 NXT
Payments: 0,01 NXT
Forging... Not interested anymore

[ChuckOne]

Seems the count is working. Double voting from the same account should be forbidden.

Challenge accepted.

I've sent three votes to that poll from the same account now -- let's see what happens.  Fingers crossed!  

Why should it be forbidden? The more you pay the more you are interesting in the more your opinion should count.

[opticalcarrier]

I officially request that the NXTcommunityfund put out a bounty for the first person that successfully forges a block onto a simulated 300 GB NXT blockchain in a testbed setup.  Full specifications of system used and documentation of experiences in accomplishing the task required to claim the reward.

If infrastructure committee does not take care of this, i will create bounty

I like fee of .1 nxt for now, we can adjust again later

I think marketing should shift to 100 tps and this allows raspis to be useful, let moores law keep doubling our tps. Bitcoin blockchain does not gain tps with moores law, nxt does

In two years 300 gb wont seem so big

Also, nxt core is such that all cool stuff, mission critical, competitor defensive, fun and quirky, everything can be developed in parallel as long as we have the resources.

We now have nearly 1 million usd budget to be able to fund everything in parallel, plus as nxt gains value so does budget!

These are very good developments for nxt! We are discussing seious issues and ways to improve all aspects of nxt. Everyone can contribute. I am so proud to be part of NXT!!!

James

holy crap.  you guys realize that telco bandwidths do not follow moores law, right?  at 300GB even publics nodes as SP's will choke on trying to transfer that

[Passion_ltc]

http://wallet.nxtarea.com:7874/nxt?requestType=getBalance&account=11613767591090258913

http://www.nxtvote.com/view.php?vote=10667094504543355029

Someone voted the following for EvilDave -  "Yes, he is. Pure Evil thru and thru."


Seems the count is working. Double voting from the same account should be forbidden.

It also doesn't matter if you send 1 NXT or 5 NXT or 1000 NXT for the vote. It's always counting as 1 vote, as long as it comes from 1 account with the required attributes.

When you remove 10 NXT to create a poll i will try anyway why you use a different address for each option? it's not better to create an address only for the poll and then people has to send arbitrary message with for example A,B,C? so they won't send 10000 Nxt thinking they will get 10000 vote...

In the page vote created can you hide/don't create address where there is no option? in my poll i have 2 empty option but i can still see them in the poll created page and i can see their address

You don't have to pay 10 NXT. They will be activated automated.

Via AM it's getting complicated again for normal people. Also 1 or 2 NXT isn't a problem. It will only benefit NXT. Soon it will be 0.2 NXT in total.

I will remove it on the create site. Thanks.

[Passion_ltc]

Seems the count is working. Double voting from the same account should be forbidden.

Challenge accepted.

I've sent three votes to that poll from the same account now -- let's see what happens.  Fingers crossed! 

Good luck.

[Passion_ltc]

Seems the count is working. Double voting from the same account should be forbidden.

Challenge accepted.

I've sent three votes to that poll from the same account now -- let's see what happens.  Fingers crossed!  

Why should it be forbidden? The more you pay the more you are interesting in the more your opinion should count.

Look at the AM contest vote.. (The more time someone pays in creating more accounts, the more your opinion counts?)

And we can't come to a consensus on this topic so I won't respond to it. Also this system will make this possible: 1 vote = 1 user .

What you are talking about will be implemented into NXT in the future.

[rriky92]

http://wallet.nxtarea.com:7874/nxt?requestType=getBalance&account=11613767591090258913

http://www.nxtvote.com/view.php?vote=10667094504543355029

Someone voted the following for EvilDave -  "Yes, he is. Pure Evil thru and thru."


Seems the count is working. Double voting from the same account should be forbidden.

It also doesn't matter if you send 1 NXT or 5 NXT or 1000 NXT for the vote. It's always counting as 1 vote, as long as it comes from 1 account with the required attributes.

When you remove 10 NXT to create a poll i will try anyway why you use a different address for each option? it's not better to create an address only for the poll and then people has to send arbitrary message with for example A,B,C? so they won't send 10000 Nxt thinking they will get 10000 vote...

In the page vote created can you hide/don't create address where there is no option? in my poll i have 2 empty option but i can still see them in the poll created page and i can see their address

You don't have to pay 10 NXT. They will be activated automated.

Via AM it's getting complicated again for normal people. Also 1 or 2 NXT isn't a problem. It will only benefit NXT. Soon it will be 0.2 NXT in total.

I will remove it on the create site. Thanks.

it's more complicated but i think better! you can also create a page to send vote auto compiling all the field so user has only to insert passphrase choose option from a list, choose poll from a list and pushing send... online or local i don't know

[iruu]

http://wiki.nxtcrypto.org/wiki/Nxt_API#Get_Account_Public_Key

You mean this? How does it prevent users from using other accounts? I'm not a cryptographer.


I will go to sleep now. Please just write things you see, think etc. I will read them tomorrow.

Each account has a private key, which is obtained from a secret phrase, and a public key. You use private key to sign your transactions etc. Everyone can verify them using your public key.  
The simplest voting system would work like: a voter post his signed vote with account number. Your server gets the public key for the account and checks if it matches. If it matches the vote is counted. All votes are published at some point.  

Although there's no nxt api for encrypting an arbitrary message, or even getting a private key, so the key generation part would have to be reimplemented in js, or something else.

EDIT: Ha! It's there. Just enter a vote in as a "website" in authorization token! Like "VOTE <voteid> YES". Everyone votes with their tokens!

[S3MKi]

price is low/ i choose 1.0

[Fern]

Hi CFB,

I think I've got it now. The final result;

https://i.imgur.com/FI2i3Ls.jpg

Aye, very similar to what I wanted. Tomorrow I'll find a better texture of slate, this one looks ugly.

is the "aye" from northern ireland?

If mini computers are still relevant, then maybe a NXT branded case could be an idea for conferences. These are mockups, but embossing aluminium could be an idea to give the 'forge' industrial look. I'm thinking of cutting/routing out the NXT logo, which would also act as a vent. This would look professional. Etching NXT Crypto could also be a idea. If anyone thinks this is worthwhile or has similar ideas, let me know and I'll keep tinkering.

[rriky92]

If mini computers are still relevant, then maybe a NXT branded case could be an idea for conferences. These are mockups, but embossing aluminium could be an idea to give the 'forge' industrial look. I'm thinking of cutting/routing out the NXT logo, which would also act as a vent. This would look professional. Etching NXT Crypto could also be a idea. If anyone thinks this is worthwhile or has similar ideas, let me know and I'll keep tinkering.

IMG

i think i will buy a raspberry case with a nxt logo and vent, really nice!

[ChuckOne]

Here r instructions proposed by me. Only pure logic, block/transaction handling will be added later. All numbers r signed 64-bit integers when accessing Data and signed 32-bit integers when referring to Code.

Legend: C - constant, M - memory

M = C
M = M

M = M + M
M = M - M
M = M * M
M = M / M
M = M % M

M = ~M
M = M & M
M = M | M
M = M ^ M
M = M << M
M = M >> M
M = M >>> M

I know that in ancient C times, we were used to use cryptic symbols for boolean algebra. But could we use more expressive names?

M = not M
M = M and M
M = M or M
M = M xor M

M == M @ C (this is read as "if M₁ equals M₂ then jump to instruction at position C")
M != M @ C
M < M @ C
M <= M @ C
M > M @ C
M >= M @ C
@ M (this is an unconditional jump)


Nothing extraordinary.

Maybe, we can get rid of these @-ops. Get the result of the operation in a register and perform a conditional jump depending on that registers value:

M > 0 @ C
M >= 0 @ C
M == 0 @ C

Well, regardless of my questions, I like it. Plain and simple.

Add a version so that we can extend it in the future.

[opticalcarrier]

http://wiki.nxtcrypto.org/wiki/Nxt_API#Get_Account_Public_Key

You mean this? How does it prevent users from using other accounts? I'm not a cryptographer.


I will go to sleep now. Please just write things you see, think etc. I will read them tomorrow.

Each account has a private key, which is obtained from a secret phrase, and a public key. You use private key to sign your transactions etc. Everyone can verify them using your public key.  
The simplest voting system would work like: a voter post his signed vote with account number. Your server gets the public key for the account and checks if it matches. If it matches the vote is counted. All votes are published at some point.  

Although there's no nxt api for encrypting an arbitrary message, or even getting a private key, so the key generation part would have to be reimplemented in js, or something else.

EDIT: Ha! It's there. Just enter a vote in as a "website" in authorization token! Like "VOTE <voteid> YES". Everyone votes with their tokens!

This is the free version of 1 account 1 vote model, except that the token is a bad idea - you can generate a token from an account w/o a public key.  If you removed the token part then it comes with the issue of the standard 1acct=1vote model of people gaming it from multiple accounts

[jl777]

Here r instructions proposed by me. Only pure logic, block/transaction handling will be added later. All numbers r signed 64-bit integers when accessing Data and signed 32-bit integers when referring to Code.

Legend: C - constant, M - memory

M = C
M = M

M = M + M
M = M - M
M = M * M
M = M / M
M = M % M

M = ~M
M = M & M
M = M | M
M = M ^ M
M = M << M
M = M >> M
M = M >>> M

M == M @ C (this is read as "if M₁ equals M₂ then jump to instruction at position C")
M != M @ C
M < M @ C
M <= M @ C
M > M @ C
M >= M @ C
@ M (this is an unconditional jump)


Nothing extraordinary.

Any chance to be able to have function calls to a subset of what is in nxt core?
That way for extra cost, sha256 can be done without bloating script with lots of opcodes

[iruu]

This is the free version of 1 account 1 vote model, except that the token is a bad idea - you can generate a token from an account w/o a public key.

How is a token generated without a key? You can always ignore accounts without a key. 

If you removed the token part then it comes with the issue of the standard 1acct=1vote model of people gaming it from multiple accounts

Why? There's no difference between sending nxt and generating a token. What matters is how you count a vote.  

[iruu]

Any chance to be able to have function calls to a subset of what is in nxt core?
That way for extra cost, sha256 can be done without bloating script with lots of opcodes

Basic cryptographic functions should be made opcodes. Implementing sha in this really doesn't make much sense. 

[ChuckOne]

Seems the count is working. Double voting from the same account should be forbidden.

Challenge accepted.

I've sent three votes to that poll from the same account now -- let's see what happens.  Fingers crossed!  

Why should it be forbidden? The more you pay the more you are interesting in the more your opinion should count.

Look at the AM contest vote.. (The more time someone pays in creating more accounts, the more your opinion counts?)

And we can't come to a consensus on this topic so I won't respond to it. Also this system will make this possible: 1 vote = 1 user .

What you are talking about will be implemented into NXT in the future.

I say: accounts are irrelevant. Even that account age won't help. 1 vote = 1 user is not good. There is nothing at stake here.

If you pay more fees, then the option u paid for should be ranked higher. Then there is something at stake.

Still IMHO.

Don't know why 1 vote = 1 user should be good.

[ChuckOne]

Any chance to be able to have function calls to a subset of what is in nxt core?
That way for extra cost, sha256 can be done without bloating script with lots of opcodes

Basic cryptographic functions should be made opcodes. Implementing sha in this really doesn't make much sense. 

Maybe, I missed something. But what is a basic cryptographic function?

[iruu]

Maybe, I missed something. But what is a basic cryptographic function?

I meant commonly used things, like all shas. Also Curve25519 which is used by NXT, ecdsa used by bitcoin, perhaps something else.

[ChuckOne]

Maybe, I missed something. But what is a basic cryptographic function?

I meant commonly used things, like all shas. Also Curve25519 which is used by NXT, ecdsa used by bitcoin, perhaps something else.

Not sure. I get the intent. But what really bothers me is:

+, -, /, *, and, xor and the like will stay even in 20 years from now.

But sha256? Curve25519? These type of functions come and go. They will inevitably become insecure. Having something like that as a low-level op is quite problematic I think.