NXT :: descendant of Bitcoin - Updated Information

[xyzxyzxyz]

Is it safe to unlock account and forge on public node? Even that this node is my personal?

It's not recommended.

http://wiki.nxtcrypto.org/wiki/FAQ#Are_there_public_servers_I_can_use_for_forging.3F

So is it safe to unlock acc and forge with my PC?
Another,is it safe to send Nxt with conneting some public nodes(I dont know whether they are public or not)?

have the same concern with coloredcoin,anyone give some explanation?
TKS.

No, it's not safe.  They could be intercepting your Nxt account password.  Only forge and unlock your account on your own node.

I open my pc,unlock acc,then forge, it is also unsafe? right?
So how do I to forge safely?
TKS.

If you are running the Nxt software on your own pc, that is safe.  Make sure you don't have any viruses, trojans or keystroke loggers installed on your computer.

What is the best antivirus software?

[1714723707]

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[1714723707]

1714723707

[1714723707]

1714723707

[1714723707]

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[Uniqueorn]

Is it safe to unlock account and forge on public node? Even that this node is my personal?

It's not recommended.

http://wiki.nxtcrypto.org/wiki/FAQ#Are_there_public_servers_I_can_use_for_forging.3F

So is it safe to unlock acc and forge with my PC?
Another,is it safe to send Nxt with conneting some public nodes(I dont know whether they are public or not)?

have the same concern with coloredcoin,anyone give some explanation?
TKS.

No, it's not safe.  They could be intercepting your Nxt account password.  Only forge and unlock your account on your own node.

I open my pc,unlock acc,then forge, it is also unsafe? right?
So how do I to forge safely?
TKS.

If you are running the Nxt software on your own pc, that is safe.  Make sure you don't have any viruses, trojans or keystroke loggers installed on your computer.

What is the best antivirus software?

avast is best in my opinion.

[cryptolawyer]

AE issued assets can derive a value of their own though, without being linked to anything. It is not over complicating, it is based in the fact that they are unique and available in controlled limited quantity. The same principles that make Federal Reserve notes have value can be applied to AE generated assets. If some one can implement a way to create a demand for the asset they create then it will have value. A little while ago some people were discussing Iceland using a crypto as its adopted currency. To use this topic as an example of what I mean, If the government of Iceland issued itself an AE asset, then passed legislation requiring taxes to be paid with that asset and no other form of currency, and then put a portion of the asset on the open market, the asset would derive a value. I think the AE is even more capable than people realize. It is not overly complicated. It is awesome.

As far as your gate way though, Anon136 made a reply that I think helped me understand what you mean.

Why add the unnecessary complexity of creating a tax liability derivative? A sovereign could, and I argue should, issue an asset exchangeable one-for-one for its own fiat. But I do agree with your implicitly stated principle: If you're going to admit a trusted third party back into the system, might as well allocate that trust to the most trustworthy party around.

A "dollar coin" issued and backed by the US government would enable ordinary block chain payments and more sophisticated smart contract business processes to be denominated in USD, thereby removing the severe exchange rate and liquidity risks inherent in corresponding crypto-denominated transactions. Such a move could drive a huge amount of real-world economic activity onto the block chain in short order.

And particularly relevant to this thread, if this (admittedly bold) move were to happen, it's doubtful Bitcoin could handle it in its current form. NXT's at least theoretical ability to scale TPS and implement a Turing-complete AT would suddenly find interest among a much larger and more diverse set of potential users.

[igmaca]

I can add to the automated auroracoin gateway, so anybody with aurora coin just Establishes Their NXT acct <-> Aurora addresses. Then we extend Essentially AE to include the aurora wallet. This is why I am working so hard on the automated gateway. It leverages whatever we instantly connect to AE It With powers. Also AE gets extended with whatever is added. James

It would be very interesting to consider this. Aurora coin is shooting up.

[igmaca]

I can add to the automated auroracoin gateway, so anybody with aurora coin just Establishes Their NXT acct <-> Aurora addresses. Then we extend Essentially AE to include the aurora wallet. This is why I am working so hard on the automated gateway. It leverages whatever we instantly connect to AE It With powers. Also AE gets extended with whatever is added. James

It would be very interesting to consider this. Aurora coin is shooting up.

Anyway Iceland have unlimited high enthalpy geothermal energy

Spending electric power for mining  not will be a problem for them

as long as the generation of electricity is not centralized. 

[klee]

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[EmoneyRu]

avast is best in my opinion.

OpenSuse is best in my opinion.

[allwelder]

Hello, my dgex account number: p_an2008@163.com stolen. ID 3750 there is no money, would you please help me to check the ID coin transfer record? Would you please help me get back inside the nxtcoin. Thank you!

Today, a few hours ago can also visit dgex. But now can not login dgex. I remember a few hours ago to my mailbox (p_an2008@163.com), but I use after the mailbox (419247352@qq.com) and the previous password login dgex not, so I use the mailbox (419247352@qq.com) to find the password, enter dgex find no coin

DAFUQ did I just read?

Chinese written in English ;P

hello,you can come in to Chinese Nxt QQ community, QQ GROUP:347593833

[LiQio]

77213      2584657662098653454

77214      15401440438959943842

[EmoneyRu]

77213      2584657662098653454

77214      15401440438959943842

      
      77216      15985892217534139770   
      
      77215      2382970272294477859      
      
      77214      15401440438959943842
      
      77213      15663686671422955221   

[abuelau]

Looks like we will cross 25k NXT accounts today: http://www.mynxt.info/charts/number_of_accounts.php

[starik69]

Looks like we will cross 25k NXT accounts today: http://www.mynxt.info/charts/number_of_accounts.php

{"lastBlock":"11991592437029432970",
"numberOfAliases":63045,
"numberOfBlocks":77224,
"numberOfTransactions":135421,
"version":"0.8.3",
"totalEffectiveBalance":99465935000,
"cumulativeDifficulty":"2406269794605079",
"numberOfAccounts":25420}

[klee]

In practice, cracking a 256 bit key is almost impossible, so once you publish your public key you are pretty much safe.

After AC is implemented Nxt will be even safe from "quantum computing" attacks (theoretical ways of being able to determine private keys from public ones in the future).

ON BEHALF OF CIYAM (China firewall-censorship issues):

a) using a good password create a SHA256 of it
b) publish a hash that is the hash from a hashed “x” times
c) lock your account then after that is confirmed send a tx from your account to another (won’t be able to actually transfer any funds even after confirmed)
d) send a tx that provides the “x-1” hash (i.e. if you hash that you get the hash that was sent in b)
result is that tx from c can now *occur* and also the locking hash has now been changed

[abuelau]

Looks like we will cross 25k NXT accounts today: http://www.mynxt.info/charts/number_of_accounts.php

{"lastBlock":"11991592437029432970",
"numberOfAliases":63045,
"numberOfBlocks":77224,
"numberOfTransactions":135421,
"version":"0.8.3",
"totalEffectiveBalance":99465935000,
"cumulativeDifficulty":"2406269794605079",
"numberOfAccounts":25420}

Good point

I wonder where the difference is... probably different way of counting accounts.

[ChuckOne]

77213      2584657662098653454

Hmm?

[xyzzyx]

Looks like we will cross 25k NXT accounts today: http://www.mynxt.info/charts/number_of_accounts.php

{"lastBlock":"11991592437029432970",
"numberOfAliases":63045,
"numberOfBlocks":77224,
"numberOfTransactions":135421,
"version":"0.8.3",
"totalEffectiveBalance":99465935000,
"cumulativeDifficulty":"2406269794605079",
"numberOfAccounts":25420}

Good point

I wonder where the difference is... probably different way of counting accounts.

One based on account balance of 1 or greater, the other based on existing public key?

[abuelau]

Looks like we will cross 25k NXT accounts today: http://www.mynxt.info/charts/number_of_accounts.php

{"lastBlock":"11991592437029432970",
"numberOfAliases":63045,
"numberOfBlocks":77224,
"numberOfTransactions":135421,
"version":"0.8.3",
"totalEffectiveBalance":99465935000,
"cumulativeDifficulty":"2406269794605079",
"numberOfAccounts":25420}

Good point

I wonder where the difference is... probably different way of counting accounts.

One based on account balance of 1 or greater, the other based on existing public key?

The mynxt.info one is done summing up all the unique accounts involved in any transaction since block 0.

[igmaca]

We need to be attracting people who are actually interested in innovation and smart investments. This means our focus is not on the majority of the cryptocurrency crowd, but on tech and business oriented people (Forbes, IEEE, universities, etc). We just have to present NXT in a manner that is easy to understand and why it completely blows all other coins out of the water. Right now is not quite the right time, but when nexern releases his client (along with the AE), we should have a very simple to install client as well as be able to show off the power of decentralized exchanges. We should not market to raise the price of NXT, but market to recruit talent and smart investors that will contribute (and not just ride the wave) to the NXT ecosystem. The price will rise as a side effect of the cumulative contribution. NXT is the only cryptocurrency platform that allows an exponentially growing ecosystem due to BCNext's decentralized vision - the rest of the coins are limited to what their developers can put out - NXT is unlimited. James

It is a good idea but how?

I am not a programmer but I have superior training in engineering. I'm trying to
follow you but sometimes I find it difficult.

we could act on several lines of work

a document where you could see each of the characteristics of nxt and practical example in real life of this feature.

Form working groups for projects to use nxt in any real-life activity in order to demonstrate its advantages.

Each project would be formed  minimum by a developer, a marketing especialist and a specialist in real activity and to later in fairs and events demonstrate the advantages of nxt ecosystem.

[msin]

It would be nice if someone can setup a zeronet, testnet for NXTcash alpha. We have made internal release, but it seem that we need an alternate zeronet setup.

Rather than go breadth first for a lot of things that in flux, I think it would be better to go depth first. Concentrate on automated multisig gateway. We get the most bang for the buck, so to speak. Simply by adding support to a new bitcoind fork, we open up an entirely new segment of people. once we get a couple dozen coins supported, we will have one of the largest crypto exchanges (centralized or decentralized)

As soon as I hand off the automated gateway, I plan on adding a NXTcash gateway. It wont have the full support of the zeronet version,but it will still be useful and we can launch it without waiting for zerocash or even porting to Java as we can run it in the gateway layer.

In the short term, I will need DOGE testers, and the community should select the three most trustworthy and independent server operators to host the multisig gateway.

After I cant find any more bugs, we need to get the gateway code thoroughly reviewed. No complicated crypto, just plain C code review.

If someone can take care of the logistics, that would let me spend more time on coding

James

Can we help James get this done?

I can set up and maintain testnet servers and keep the ZC testnet version of NRS running. I would start with one or two servers.

I am not into DOGE at all, so probably I'm not the right one for running a gateway.

Great, please PM James, now we need some Doge volunteers to test DAC.

[klee]

77213      2584657662098653454

Hmm?

I was in a fork