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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2756263 times)
salsacz
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February 20, 2014, 04:04:52 PM
 #35841

kickstarter ideas

- there can be 2 kinds of kickstarters:
a) classic, when you use kickstarter as an escrow, so there is no problem with potential cheaters. But owner can decide to have some fee or can fly away.

b) direct, P2P payments, people are paying straight to the projects, so it is like IPO with all problems with cheaters, because no one guarantees you returning Nxt

Nxt tips: NXT-R67P-6BZ2-XWAK-8RHZR | Nxt forum | Nxt Academy | Donate for Nxt at the Universities // BTCD: RVMLrnxYYy7uy8YZo9FcGfXbk1ZMnNifdg
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February 20, 2014, 04:16:58 PM
 #35842

https://bitcointalk.org/index.php?topic=430467 if his claims are true than there could be a lot of opportunity here. He accepts escrow but refuses to release the source before I release my escrow. Even though the code will be closed source, he promises to release a working client before i release my escrow. My concern is that maybe he will simply change a few values in nxt and add a new graphical fronted so that it looks like brand new software but is actually just a clone of nxt.

what do you guys think? is there a way of telling whether or not he copied nxt without seeing the source?
I think its a scam. Did he agree to release a working client before receiving the funds from you?

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a Node.JS coin built from scratch. With Proof of Time, Purchase and Identity. Custom blockchains and much more!
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February 20, 2014, 04:17:16 PM
 #35843

Received this message from Bittrex

"Thanks for the email.  We've gotten a lot of requests for NXT so we'll definitely look at it.  With it being a complete different codebase, it may take more time than others."  

I wouldn't say that are adding Nxt, and we need people to volunteer help to integrate.  `
punkrock
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February 20, 2014, 04:25:22 PM
 #35844

NXT gone from mintpal.com/voting ?
NXT Won!

MintPal @MintPalExchange
Congrats to NXT for winning today's vote, very close with TES there! Market will be up soon.

Expect a generic 'How the hell do we implement this thing?!" email Wink


Received this message from Bittrex

"Thanks for the email.  We've gotten a lot of requests for NXT so we'll definitely look at it.  With it being a complete different codebase, it may take more time than others."  

I wouldn't say that are adding Nxt, and we need people to volunteer help to integrate.  `


+1000  - again: We need a public paper from devs for exchanger-admins, so they can implement NXT as easy as possible.
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February 20, 2014, 04:25:57 PM
 #35845

https://bitcointalk.org/index.php?topic=430467 if his claims are true than there could be a lot of opportunity here. He accepts escrow but refuses to release the source before I release my escrow. Even though the code will be closed source, he promises to release a working client before i release my escrow. My concern is that maybe he will simply change a few values in nxt and add a new graphical fronted so that it looks like brand new software but is actually just a clone of nxt.

what do you guys think? is there a way of telling whether or not he copied nxt without seeing the source?
I think its a scam. Did he agree to release a working client before receiving the funds from you?

yes he did agree to that but only with closed source code

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 20, 2014, 04:28:02 PM
 #35846

https://bitcointalk.org/index.php?topic=430467 if his claims are true than there could be a lot of opportunity here. He accepts escrow but refuses to release the source before I release my escrow. Even though the code will be closed source, he promises to release a working client before i release my escrow. My concern is that maybe he will simply change a few values in nxt and add a new graphical fronted so that it looks like brand new software but is actually just a clone of nxt.

what do you guys think? is there a way of telling whether or not he copied nxt without seeing the source?

if he did copy NXT then he not only ported to c++ but he also added PoW component.  Id be more concerned of him cloning CGB/ADT or some other Pos/PoW coin

ah well the point remains. is there any way to tell if he did this?

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
salsacz
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February 20, 2014, 04:28:45 PM
 #35847

pandaisftw finished proofreading of my text, I would like to publish it at some big news site to get attention of the developers and people who like free internet. What do you think? Any suggestions? Thanks

Quote
Decentralized internet and Nxt solutions

...
First part is not about Nxt: https://docs.google.com/document/d/166d7sTEnuv9UMlipcJkuciJ3-mUWOWf_y8dzVb3pd30/edit
...

2nd part:
Nxt solutions


If you want to enter the game as a decentralized application, starting as a currency to obtain a wide distribution is a good place to start. All of the above mentioned projects have had problems with integration and distribution. Nxt started as the first pure Proof of Stake cryptocurrency in November 2013, and since then - in just a few short months - it has achieved more than 20.000 users. The first part of BCNext’s plan, the anonymous inventor of Nxt, was spreading the monetary system to as many users as possible to create a network of decentralized P2P computers (nodes). This network is based on a lightweight client running on each connected node, so it can send data directly P2P. Thanks to the new code, it can provide up to 100 transactions per second.

Nxt uses an efficient system to maintain the network by using much lower PC power and electricity than is needed for Bitcoin and its clones. It is important to stay anonymous, by creating the Nxt network from thousands of users from all over the world, so this system cannot be censored. You cannot point to any owner of the Nxt system. Even ordinary users don't own NXT coins, they only know the passphrase to a Nxt brainwallet. This means that no executor can take Nxt coins from you… There is no creator to blame, no specific user to arrest, and you cannot take the Nxt network down. Nobody can censor P2P networks. Nxt also is not vulnerable to 51% attacks like Bitcoin, so even if someone owns 90% of all Nxt coins, the Nxt network is secured thanks to Transparent Forging invention.
 
Nxt evolved by revealing the second part BCNext's plan. Nxt coins will not be used exclusively as a currency, but they will be the building blocks to implement any other project on top of the Nxt platform. Thousands of cryptocurrencies can be built on top of the Nxt network. All will be secured by Nxt’s green and attack proof environment. It is up to the creators of those coins, whether their currency will be Proof of Work (Dogecoin), Stake (Peercoin), Bandwidth (Lakshmi, Bitcloud), Burn (Counterparty) or even Learning and Content (UNITAS project). These coins can be used for different purposes – for travel agencies, hotels, casinos, universities, Amish or any other rural communities, African (and other) countries, and Nxt could eventually replace even Dollars. In the distant future they can even serve as a currency for space colonies.

The third part of BCNext's plan will be released on April 2014. It will most likely be his idea about building all kinds of decentralized applications on top of Nxt’s green network. Since the Nxt system is democratic and users will be able to vote on all important decisions, people do not have to listen to BCNext's plans and can continue on to have Nxt as a simple currency. This is one of the most important inventions of Nxt: the creator BCNext has no power over Nxt and he cannot control its development. All the power is in the hands of independent developers and reviewers of the code. He can only suggest new codes, but he cannot implement them straight to the program. Nxt system is completely decentralized, there is no leader, no sponsoring company or corporation. Nxt’s organization has evolved with the help of active Nxt users, but still there is no higher authority. Some people have already begun to work on new coins and other implementations, so BCNext's plan will likely be fulfilled as well as being complemented by new ideas.
 
In last few days Nxt applications similar to Twitter and Viber (messages app) were developed. Very soon will be published first game built on top of the Nxt network: a decentralized Poker game. Nxt will provide a platform for easy creation of new currencies. They will be maintained on Nxt blockchain, but they will have their own environment. Also, people can use assets to issue new coins, so they can easily create their own monetary system thanks to asset exchange that is already implemented.

Nxt Arbitrary messages has lead us to the true decentralized web - torrent files have already been sent via this network. With more blockchains, Nxt will be able to provide a cloud storage and file sharing apps. The principle behind these applications is using different blockchains for different purposes: one for file storage, one for messages, and so on. Each app will use only a specific blockchain(s) and won't be spammed by the others. Additionally, with the blockchain pruning function, users will not need to download large blockchains as they do now with Bitcoin and its forks.

Other functions based on Zerocoin and mixing services can provide a completely anonymous infrastructure that was originally built in the Phantom protocol - a decentralized network that focuses on the anonymization of users. Currently, Bitcoin and Nxt are only pseudonymous. With the Zerocoin feature integrated within the NXT core, it will be mathematically infeasible to link the particular coins used by each user.

Decentralized computing systems built on the Nxt platform could locally solve all kinds of research projects. Thanks to the extremely fast Nxt network, home computers can work on mathematical projects so their owners may receive crypto coins. With built-in decentralized exchanges, such coins can immediately exchanged for other coins. Currently being tested, the decentralized Asset Exchange allows users to transform these coins into assets for fiat currencies, shares or commodities such as silver and gold. Anyone can use these exchanges without any restrictions of high fees. Nxt uses small fees, and these fees are always returning to the users who maintain the Nxt network. While fees in VISA or PayPal system go to the centralized corporations, in the Nxt ecosystem, they are distributed fairly between users.

Nxt will be soon cooperating with DAC (Distributed Autonomous Corporations), such as Bitcloud or ArkOS. With Bitcloud, nodes on a mesh network can be rewarded financially for routing traffic in a brand new mesh network. This removes the need for Internet Service Providers. The goal is always same: to replace YouTube, Dropbox, Facebook, Spotify, and others with decentralized, open source alternatives.

ArkOS and Nxt systems are very ecofriendly, you can run Nxt on a Raspberri Pi too. Possible merging of these projects may lead to a future of free, decentralized and green internet. Especially if the programs created on top of Nxt network used applications similar to ArkOS.

Nxt is one step ahead of all other decentralized platforms thanks to its kickstart as a cryptocurrency. It is now ready to become a new decentralized internet. Nxt provides a powerful and flexible platform for developers, allowing them to easily develop new applications for Nxt. Thanks to great community behind it, as evidenced by the thousands of pages on the Nxt Bitcointalk “pub” thread, Nxt has achieved so much in such little time. Anyone can join this fantastic group of open minded individuals and make a positive contribution. For more info see nxt.org or forums.nxtcrypto.org.

Nxt tips: NXT-R67P-6BZ2-XWAK-8RHZR | Nxt forum | Nxt Academy | Donate for Nxt at the Universities // BTCD: RVMLrnxYYy7uy8YZo9FcGfXbk1ZMnNifdg
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February 20, 2014, 04:28:55 PM
 #35848

https://bitcointalk.org/index.php?topic=430467 if his claims are true than there could be a lot of opportunity here. He accepts escrow but refuses to release the source before I release my escrow. Even though the code will be closed source, he promises to release a working client before i release my escrow. My concern is that maybe he will simply change a few values in nxt and add a new graphical fronted so that it looks like brand new software but is actually just a clone of nxt.

what do you guys think? is there a way of telling whether or not he copied nxt without seeing the source?

If it's a non-obfuscated Java binary then it's possible.

c++11 he says

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 20, 2014, 04:47:38 PM
 #35849

How to download a jpg image to bitcointalk messages?
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February 20, 2014, 04:49:38 PM
 #35850

How to download a jpg image to bitcointalk messages?

well you will have to host it somewhere else, then you just link directly to the image and put it in the img tags

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 20, 2014, 04:51:14 PM
 #35851

https://bitcointalk.org/index.php?topic=430467 if his claims are true than there could be a lot of opportunity here. He accepts escrow but refuses to release the source before I release my escrow. Even though the code will be closed source, he promises to release a working client before i release my escrow. My concern is that maybe he will simply change a few values in nxt and add a new graphical fronted so that it looks like brand new software but is actually just a clone of nxt.

what do you guys think? is there a way of telling whether or not he copied nxt without seeing the source?

if he did copy NXT then he not only ported to c++ but he also added PoW component.  Id be more concerned of him cloning CGB/ADT or some other Pos/PoW coin

ah well the point remains. is there any way to tell if he did this?

Ask him to release partial code, he should be comfortable with that if he's legit.
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February 20, 2014, 04:51:20 PM
 #35852

Hi,
Forgive my ignorance...
Im using NRS 0.7.6
Can someone say if this is normal behavior?

[2014-02-20 07:33:33.835] NRS 0.7.6 started successfully.
[2014-02-20 11:48:13.499] DEBUG: Will pop block 7264666766135642693 at height 70
872
[2014-02-20 11:48:13.500] DEBUG: Unsetting key for account 11395568260176367682
at height 70872, was previously set at height 70872
[2014-02-20 11:48:18.856] DEBUG: Will pop block 3058438978151947986 at height 70
872
[2014-02-20 11:48:18.857] DEBUG: Unsetting key for account 11395568260176367682
at height 70872, was previously set at height 70872
[2014-02-20 11:48:28.892] DEBUG: Will pop block 162342152696796805 at height 708
72
[2014-02-20 11:48:28.893] DEBUG: Unsetting key for account 11395568260176367682
at height 70872, was previously set at height 70872
[2014-02-20 11:48:31.349] DEBUG: Will pop block 4603937037876655271 at height 70
873
[2014-02-20 11:48:31.355] DEBUG: Will pop block 7264666766135642693 at height 70
872
[2014-02-20 11:48:31.357] DEBUG: Unsetting key for account 11395568260176367682
at height 70872, was previously set at height 70872

Many thanks

YinCoin YangCoin ☯☯First Ever POS/POW Alternator! Multipool! ☯ ☯ http://yinyangpool.com/ 
Free Distribution! https://bitcointalk.org/index.php?topic=623937
Bwincoin - 100% Free POS. BGMvuxaH47mwfQJ7iZ6tgJipB1XQLRhFCP
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February 20, 2014, 04:59:24 PM
 #35853

Hi,
Forgive my ignorance...
Im using NRS 0.7.6
Can someone say if this is normal behavior?

[2014-02-20 07:33:33.835] NRS 0.7.6 started successfully.
[2014-02-20 11:48:13.499] DEBUG: Will pop block 7264666766135642693 at height 70
872
[2014-02-20 11:48:13.500] DEBUG: Unsetting key for account 11395568260176367682
at height 70872, was previously set at height 70872
[2014-02-20 11:48:18.856] DEBUG: Will pop block 3058438978151947986 at height 70
872
[2014-02-20 11:48:18.857] DEBUG: Unsetting key for account 11395568260176367682
at height 70872, was previously set at height 70872
[2014-02-20 11:48:28.892] DEBUG: Will pop block 162342152696796805 at height 708
72
[2014-02-20 11:48:28.893] DEBUG: Unsetting key for account 11395568260176367682
at height 70872, was previously set at height 70872
[2014-02-20 11:48:31.349] DEBUG: Will pop block 4603937037876655271 at height 70
873
[2014-02-20 11:48:31.355] DEBUG: Will pop block 7264666766135642693 at height 70
872
[2014-02-20 11:48:31.357] DEBUG: Unsetting key for account 11395568260176367682
at height 70872, was previously set at height 70872

Many thanks

yes normal, ignore.

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February 20, 2014, 05:09:13 PM
 #35854

Anyone care to explain how to encrypt messages in pseudo-code?
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February 20, 2014, 05:14:02 PM
 #35855

https://bitcointalk.org/index.php?topic=430467 if his claims are true than there could be a lot of opportunity here. He accepts escrow but refuses to release the source before I release my escrow. Even though the code will be closed source, he promises to release a working client before i release my escrow. My concern is that maybe he will simply change a few values in nxt and add a new graphical fronted so that it looks like brand new software but is actually just a clone of nxt.

what do you guys think? is there a way of telling whether or not he copied nxt without seeing the source?

if he did copy NXT then he not only ported to c++ but he also added PoW component.  Id be more concerned of him cloning CGB/ADT or some other Pos/PoW coin

ah well the point remains. is there any way to tell if he did this?

Ask him to release partial code, he should be comfortable with that if he's legit.

when does the first round of investing end? im under the impression that the 22 is the last day but i just want to make sure.

also one of the claims that you make is that the code is brand new built from the ground up. so one of the stipulations for releasing the funds that i am holding in escrow must be that you prove that fact. any ideas how to handle this catch 22 since you say that you need the escrow funds released before release but that the code will be closed source until release?
yes the 22nd is the last day. Exact time will be announced later.
We cannot prove anything regarding the source without partly releasing it I guess. Anyway we will not release any code before the launch. We have explained that we need the escrow funds at least one daybefore launch. It is not your task to check if any conditions are matched if you offer an escrow service for someone else. So if someone want to release the funds you would have to deliver it - that is my understanding of escrow services. If you do not like the idea that eXocoin will be closed source as of now and are not going to finish any escrow under this condition then please hand your holdings back to them. You will see that we have a completely new programm at least when you read the whitepaper or participate in the open beta. That must be proof enough.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 20, 2014, 05:21:40 PM
 #35856

Need help for Bittrex exchange integration

I received this response from Bittrex after I offered dev help for Nxt integration.

"That would be great.  I've got an implementation in place but would appreciate someone to bounce question off of."

Here is his email, please offer help if you can; support@bittrex.com
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February 20, 2014, 05:37:06 PM
 #35857

@JL

Code:
[2014-02-20 11:48:31.204] DEBUG: Will pop block 162342152696796805 at height 70872
[2014-02-20 11:48:31.209] DEBUG: Unsetting key for account 11395568260176367682 at height 70872, was previously set at height 70872

Let me guess:

- block at 70872 included account 11395568260176367682
- block 162342152696796805 was popped off
- public key of that account needed to be removed
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February 20, 2014, 05:44:16 PM
Last edit: February 20, 2014, 06:08:04 PM by igmaca
 #35858

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February 20, 2014, 05:49:03 PM
 #35859


- basic wallet GUI and commandline-tool , account overview, send and receive EXO
- block explorer integrated
- register, sell and buy aliases within the client (decentral, p2p market integrated!)
- chat system: chat with any alias/ account you like decentrally
- attach messages within a transaction (e.g. a reference id etc)
- auto-update (can be turned off in option menu if you like to compile it yourself), enabled by default
- highly secured transactions: error correction, detecting swapping bits (and more in whitepaper)
- secure wallets: Using a random file (created by the gui/cmd tool) or a file of your choice (image, sound file, system file etc). Only you should know what file is needed for your authentication. Then you could store your 10,000 photos from your last holiday on an usb stick. Only you will know what special picture will unlock your account!   
- News about eXocoin development, announcements, exchange rates etc will be provided within the gui/cmd tool. If it comes to decissions that will affect the whole community (new features), than you will have the opportunity to vote decentrally within the client for or against an idea and see transparantly the results of the vote.


I was thinking about those tradable aliases.

NXT has alias, but not tradable.
NXT has assets (tradable) but their description is not.

Hmm. Wie could have that, too.

Integrated blockchain explorer. Nice client feature.
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February 20, 2014, 05:53:47 PM
 #35860

I'm quickly online to try eXocoin, does someone want to trade a few of my NXT for 1.5 BTC? How many NXT do you want?

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