NXT :: descendant of Bitcoin - Updated Information

[igmaca]

 

[igmaca]

if leasing power forged for pools at most can only have 100000 nxt we would have several things:

pool forge every 2 3 days that  is reasonable
would have 1000000000/100000 = 10 000 nodes to ensure network

Yup - this seems like a good start.

Next Forge Problem

https://www.dropbox.com/s/mhi9360ke6mtbqs/Documento3_P%C3%A1gina_1.jpg

Equality Solution

https://www.dropbox.com/s/9emz21xz8qfo1t3/Documento3_P%C3%A1gina_2.jpg


Equity forge solution

https://www.dropbox.com/s/u7i9vggpgb79ij3/Documento3_P%C3%A1gina_3.jpg

[igmaca]

if leasing power forged for pools at most can only have 100000 nxt we would have several things:

pool forge every 2 3 days that  is reasonable
would have 1000000000/100000 = 10 000 nodes to ensure network

Yup - this seems like a good start.

Next Forge Problem

https://www.dropbox.com/s/mhi9360ke6mtbqs/Documento3_P%C3%A1gina_1.jpg

Equality Solution

https://www.dropbox.com/s/9emz21xz8qfo1t3/Documento3_P%C3%A1gina_2.jpg


Equity forge solution

https://www.dropbox.com/s/u7i9vggpgb79ij3/Documento3_P%C3%A1gina_3.jpg

Re: NXT :: descendant of Bitcoin - Updated Information
Today at 12:44:09 PM
Reply with quote  #33447
Quote from: mcjavar on Today at 12:25:29 PM
Quote from: igmaca on Today at 11:47:54 AM
nxt currently works as for small accounts have the same options as large accounts in forging the only solution is to join in a pool.

this will cause in the future centralization of the nodes and therefore a more vulnerable network.

if you decide to join a pool the solution is;

a) funds must stay in the Bob account
b ) forging power should remain in the node where stay Bob acount.

Instead the commission of forging if Bob acount forge should go to the "transparent" pool and the pool manager split the commission forging proportion to the amount of funds from the accounts that were at that time in the pool .

I do not know if this is technically very difficult to implement but it is clear that if not resolved this little by little will create pools and concentrating on a few network nodes and so understand a network more vulnerable to attack .

I think the pool is very good solution for the small investor gives "equity to the system not equality " but forging power of Bob acount should remain in the node where this account with funds for the sake of the security of the network.

Am I wrong in my thoughts?

[pinarello]

good one 

[starik69]

Jean-Luc
Why in 0.8.0e shareMyAddress is the same as peer networking?
Why i cannot run peer networking without sharing my address as it have been before?

[salsacz]

Green Nxt: exotic video, new version:
http://youtu.be/cP4KFH6Iz0g

feel free to share

[EmoneyRu]

Green Nxt: erotic video, new version: http://youtu.be/cP4KFH6Iz0g

P.S. don't draw text on people.

[utopianfuture]

Green Nxt: exotic video, new version:
http://youtu.be/cP4KFH6Iz0g

feel free to share

Good work. I like it. How can we have a browser tipbot so that I only need to click on someone account' signature, fill in the amount and click send ?

[verymuchso]

JeanLuc

Hi. I ran into a use case where we have to gracefully shutdown Nxt and can't rely on your shutdown handler. At the end of the application update process we need to restart the client for all updates to take effect. The restart code is embedded in the framework we use and on top of that the restart code is not written in java.

It seems when doing a restart the shutdown handlers do not run properly (probably since the restart code does a forced shutdown) this would all be solved if you'd make nxt.Nxt.shutdown public, then we can make sure Nxt has been shutdown properly before we do an application restart.

Thanks!

[perado]

Have't  hit 2000 pages yet

[brooklynbtc]

190-F'ing One

[abuelau]

Announcing the first online NXT Wallet

https://wallet.mynxt.info

Features:

- Easy to use
- Access your NXT from anywhere
- Responsive layout: works in PC/Mac, Tablets and Phones
- Send/Receive NXT
- See your balance in NXT, USD and BTC

Is it safe?

We made it as secure as possible, keeping in mind that as we all know nothing in the online world can be claimed to be 100% secure.

If you want the details: All accounts are 50 random generated characters long, we use AES256 to encrypt each account address twice (once using a site-wide key and once using your master password). We also only accept SSL connections and hash all passwords (salted).

There have been discussions on the main NXT Bitcointalk thread around possibly making it even safer by doing the encryption/decryption of the account on the client side (as opposed to the server side) and we are looking into this.

Launch Promo

To make things more exciting, as a launch promotion we are giving away NXT in the following way:

• The first 100 people to create an account at https://wallet.mynxt.info and post their NXT account ID (from the mynxt.info wallet) here: https://bitcointalk.org/index.php?topic=477526.new#new will get 10 NXT.
• In addition, ONE of these 100 people will get a grand prize of 1000 NXT. The winner of the grand prize will be determined by the last 2 digits of the NXT Block ID of height 75000 (you can check the latest blocks here: http://www.mynxt.info/blockexplorer/)

STATUS UPDATE:

We have now the final list with 100 participants in the mynxt.info Online Wallet promo, all got 10 NXT and one of them will win 1000 NXT.

Final participant list can be found here: https://nextcoin.org/index.php/topic,4137.msg39023.html#msg39023

I'm expecting block 75000 to come sometime on Tuesday. Good luck to all participants and thank you so much for all the kind comments, feedback, PMs, e-mails, etc.

[pinarello]

why has this thread gone so quite?

becausse NXT is dead, it is having hughe flaws end DEV cant fix them, just saying if you want to save some money sell it all now

[leetrump]

[martismartis]

Ups! Who is 7017504655955743955? Thank You for donation!!!

[redsn0w]

Hi ,  thank you for the 2K Nxt .

Thank you soo much  7017504655955743955 .

Can you  send me a PM??

[rickyjames]

if leasing power forged for pools at most can only have 100000 nxt we would have several things:

pool forge every 2 3 days that  is reasonable
would have 1000000000/100000 = 10 000 nodes to ensure network

Yup - this seems like a good start.

Next Forge Problem

https://www.dropbox.com/s/mhi9360ke6mtbqs/Documento3_P%C3%A1gina_1.jpg

Equality Solution

https://www.dropbox.com/s/9emz21xz8qfo1t3/Documento3_P%C3%A1gina_2.jpg


Equity forge solution

https://www.dropbox.com/s/u7i9vggpgb79ij3/Documento3_P%C3%A1gina_3.jpg

I just don't get it.  Sure, these pictures have an emotional appeal, because now all the cute kids can see over the fence.  So what?  Math is math.

You've got people who come to NXT with a mining mentality.  Eventually they realize that Proof of Stake means they can't get a super-fast machine that gives them an advantage over everybody else and put a whole bunch of newly minted coins in their pocket.  They are understandably disappointed.  So they turn from a mining rig to the other tool of the mining trade, a pool.  So now they're going to pool their NXT with others to be in a group that generates blocks more often than they could alone.  

My big question: how do they get more money from a pool than they would get forging on their own?

By the time you do all the division of fees back out to give the fair share to all of the pool members, isn't it the exact same return on investment they would get forging on their own and adding blocks less often?

THERE ARE NO NEW NXT COINS BEING CREATED FROM NOTHING, AS BITCOIN DOES.

Forging is just a recycle of existing coins.  So aren't pools just another level of "shell" in a "shell game"?

http://en.wikipedia.org/wiki/Shell_game

 

[Meizirkki]

Don't change the forging. Any kind of balancing effort will bring excessive complexity and a whole lot of issues. No matter what you do it'll always be the people with more resources to forge more. Flooding the already limited IP-space with forging-zombies is a bad, bad idea.

[redsn0w]

Ups! Who is 7017504655955743955? Thank You for donation!!!

Hi , he is one of 73 original Stakeholder  ... but what's your nicnkame   

[Anon136]

Don't change the forging. Any kind of balancing effort will bring excessive complexity and a whole lot of issues. No matter what you do it'll always be the people with more resources to forge more. Flooding the already limited IP-space with forging-zombies is a bad, bad idea.

agreed