CIYAM
Legendary
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Activity: 1890
Merit: 1078
Ian Knowles - CIYAM Lead Developer
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February 27, 2014, 08:58:56 AM |
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So what do you suggest, something like using log or sqrt for forging power?
I would advocate for basically a "fixed limit" (e.g. 1% of the total amount of NXT) as being all the power you can have under 1 account (including accounts that have had forging rights allocated to them). Any further NXT would simply not help you (encouraging the pool/account to split funds into another pool/account). |
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mcjavar
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February 27, 2014, 08:59:05 AM |
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Revealed yet?
No, but 2nd part of the plan contains a hint. Read about transparency. Can we get rid of the hints, please? If it is not possible, then BCNext should take his coins, convert it to FIAT and pay for a project manager to manage Nxt till there are no more "unknown issues" and the community can take over. |
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nxtsky
Newbie
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Activity: 56
Merit: 0
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February 27, 2014, 09:01:07 AM |
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can you imagine his patience? he is logging in every day, tiredly reading probably most of the pages here, but still he doesn't want to influence anyone so he doesn't write here
No, he is NOT logging in every day. You could find everyday CFB is logging in using BCNEXT's account. For example,today, CFB's Local Time: February 27, 2014, 08:55:50 AM and BCNEXT's Local Time: February 27, 2014, 08:55:41 AM. |
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2Kool4Skewl (OP)
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February 27, 2014, 09:01:54 AM |
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Revealed yet?
No, but 2nd part of the plan contains a hint. Read about transparency. It is difficult to understand how TF works and peer review the algorithm when parts of it have not been revealed yet. |
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mcjavar
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February 27, 2014, 09:06:48 AM |
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I wondered what happened to NXT on Mintpal...
Thought they were going to add it today.
Why is there no dedicated, knowledgeable, person in the next community who handles all this exchange stuff?
For all I care: pay that person a ongoing bounty to handle this!
i hope ive made it clear that any exchange can consult with me for free on NRS/NXT design/operation for integration into their exchange. Okay, cool! Is there someone else in here who is able and willing to help exchanges to integrate Nxt? wesleyh? nexern? CfB? Let´s get a list together with skillsets and availability to see whom we can rely on and rech out to if we need some help. |
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ChuckOne
Sr. Member
Offline
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
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February 27, 2014, 09:06:52 AM |
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Basically if we limit the effective forging *power* of any pool or individual to a maximum allowable percentage (regardless of actual NXT balance) then we will force people to split up their hoards into small chunks managed by separate pools.
That's a good suggestion. Just put a max forging power limit for any one account. Just to have that clarified: what is a pool in terms of NXT vocabulary? |
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bitcoinpaul
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February 27, 2014, 09:07:37 AM |
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Transparency extended to absolute leads to inability to cheat thus removing necessity to think if someone should trust another one. What can we do with transparency besides penalization? |
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bitcoinpaul
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February 27, 2014, 09:08:44 AM |
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A pool rents the leased forging power of other accounts to have more forging power.
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Come-from-Beyond
Legendary
Offline
Activity: 2142
Merit: 1009
Newbie
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February 27, 2014, 09:09:37 AM |
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Can we get rid of the hints, please?
If it is not possible, then BCNext should take his coins, convert it to FIAT and pay for a project manager to manage Nxt till there are no more "unknown issues" and the community can take over.
The problem is that BCNext lost his chance to invest into Nxt. He wanted to have exactly 21 BTC invested but the very last guy who sent 1 BTC right before the funding was over ruined the plan... |
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antanst
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February 27, 2014, 09:09:54 AM |
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Wrt "Three months in and we have no Whitepaper, no documentation of algorithms, and no modelling or statistical analysis"...
U have source code. It's enough to get the rest.
No it's not. I assume you are an experienced Java developer, so you should know it's too difficult to infer a complete specification from a source code. Even more from an incomplete, uncommented source code. Plus, a whitepaper isn't something that can be "inferred" from a source code. A whitepaper is a culmination of ideas, views, features, future outlook and specifications. The protocol is the specification, and the source code is an implementation of the above. |
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wesleyh
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February 27, 2014, 09:10:47 AM |
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I wondered what happened to NXT on Mintpal...
Thought they were going to add it today.
Why is there no dedicated, knowledgeable, person in the next community who handles all this exchange stuff?
For all I care: pay that person a ongoing bounty to handle this!
i hope ive made it clear that any exchange can consult with me for free on NRS/NXT design/operation for integration into their exchange. Okay, cool! Is there someone else in here who is able and willing to help exchanges to integrate Nxt? wesleyh? nexern? CfB? Let´s get a list together with skillsets and availability to see whom we can rely on and rech out to if we need some help. Happy to announce that bittrex is ready with Nxt implementation, it works however won't be on the site for a few days (possibly longer, if there other things they need to attend to at launch), since the UI is not yet ready. |
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mcjavar
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February 27, 2014, 09:11:41 AM |
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Can we get rid of the hints, please?
If it is not possible, then BCNext should take his coins, convert it to FIAT and pay for a project manager to manage Nxt till there are no more "unknown issues" and the community can take over.
The problem is that BCNext lost his chance to invest into Nxt. He wanted to have exactly 21 BTC invested but the very last guy who sent 1 BTC right before the funding was over ruined the plan... Ok, this sounds like bullshit to me, sorry. Then he should make his plan public so we (who invested money and have something to loose) can take over now. |
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wesleyh
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February 27, 2014, 09:11:51 AM |
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Can we get rid of the hints, please?
If it is not possible, then BCNext should take his coins, convert it to FIAT and pay for a project manager to manage Nxt till there are no more "unknown issues" and the community can take over.
The problem is that BCNext lost his chance to invest into Nxt. He wanted to have exactly 21 BTC invested but the very last guy who sent 1 BTC right before the funding was over ruined the plan... So BCNext has no nxt investment himself? |
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mcjavar
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February 27, 2014, 09:13:23 AM |
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So this is priority: - get a curve/sign implementation audit and a crypto audit. guys, where are we with that?
- try to summarize all we know about TF and discuss how to make it better
Point 1 DEFINITELY needs to be finished ASAP. Point 3 is linked to point 2 ...so Point 3 might take a few months to get finalized.[/list] Is anyone working on the whitepaper? What do we need in order to get it ready in 2 weeks? We have no idea? Salsacz? AFAIK you took a great part in taking the whirepaper to this stage where it is now. What kind of resources do you need to proceed? |
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Come-from-Beyond
Legendary
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Activity: 2142
Merit: 1009
Newbie
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February 27, 2014, 09:13:50 AM |
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Just to have that clarified: what is a pool in terms of NXT vocabulary?
BCNext calls them "hubs". |
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2Kool4Skewl (OP)
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February 27, 2014, 09:15:47 AM |
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Can we get rid of the hints, please?
If it is not possible, then BCNext should take his coins, convert it to FIAT and pay for a project manager to manage Nxt till there are no more "unknown issues" and the community can take over.
The problem is that BCNext lost his chance to invest into Nxt. He wanted to have exactly 21 BTC invested but the very last guy who sent 1 BTC right before the funding was over ruined the plan... Why did he want just 21 BTC? |
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Come-from-Beyond
Legendary
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Activity: 2142
Merit: 1009
Newbie
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February 27, 2014, 09:16:13 AM |
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Ok, this sounds like bullshit to me, sorry.
Then he should make his plan public so we (who invested money and have something to loose) can take over now.
This is what I know. Feel free to ignore it. |
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Uniqueorn
Full Member
Offline
Activity: 182
Merit: 100
NXT.org
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February 27, 2014, 09:16:35 AM |
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I suspect someone (it only takes one) didn't read my instructions where I clearly specify that you must not make duplicant accounts to try to cheat the system as reddit detects it and turns your upvotes into downvotes. There is absolutely no other explanation. There is no way that the majority of this community would ever downvote such a post at all. From now on reddit swarms is off the table, people are incapable of following instructions. Or it could be certain anti-Nxt persons don't want this to spread....my simple 2 nxt. There are clearly ANTI-NXTers and I warned about that in the SWARM message, but there is no way they would've organized so many downvotes so quick. Occam razor indicates that someone fuckedup, didn't read the instructions and made like 10 new accounts which gave us 10 downvotes right away. There was one negative guy who I just put through a shredder, but other than that there have been no negative response in the comments. |
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mcjavar
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February 27, 2014, 09:17:38 AM |
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Ok, this sounds like bullshit to me, sorry.
Then he should make his plan public so we (who invested money and have something to loose) can take over now.
This is what I know. Feel free to ignore it. Thank you for the information. It could be true, but that doesn´t really matter now. "Then he should make his plan public so we (who invested money and have something to loose) can take over now." |
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