msin
Legendary
 Offline
Activity: 1470
Merit: 1004
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March 01, 2014, 10:21:20 PM |
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Plan for automated multisig gateway
Some of you have expressed concerns about NXT clones. The automated gateway builds on top of NXT, so we can get a significant advantage by keeping it proprietary for a little while. Say, three months before open sourcing.
It is of strategic importance for NXT to have gateways to all the popular cryptos out there. I will also be adding NXTcash support to the gateway and we dont have to wait for external releases. As soon as it tests out, we can go live.
There have been some suggestions that I make a business out of the gateways, but I see much more value being created by making it the NXT community's gateway. To that end, I will be authorizing NXTcommunityfunds to ensure that we can all benefit from a non-profit gateway for all the popular cryptos into NXT AE.
I need three independent and trustworthy server operators to install and run the gateway. You will have to promise not to release source code until approved to do so. The biggest task will probably be installing a couple dozen bitcoind forks.
I need web html person to make web interface for gateway. There is no need for people to have to compile a program just to get deposit address or change withdrawal address. Everyone is used to doing that from webpage. It does have to do local signing as we have to send AM to make gateway requests.
I also need somebody to write code for the equivalent of blockchain explorer, basically gateway transaction explorer. Correlating transactions, tracking balances, etc. [I could do this, but it is better if there are more people familiar with what the gateway is doing with AM]
I also would like to have somebody refactor the code. It is ~2500 lines of C code that uses no libraries other than curl. Everything else is custom code, it was just faster for me to write it from scratch than mess around with unfamiliar libraries. I am sure my code can be improved.
Probably the most important, I need to hire Evil Bob. At least somebody who will do all sorts of Evil Bobness to the gateway.
After we are done with this project, NXT AE will have direct links to dozens of crypto wallets. All these cryptos will trade against NXT, making NXT the standard that the other coins are valued. We need to make sure the gateway code is secure before putting it into production. I will be setting aside 100000 NXT for a NDIC (nxt deposit insurance) fund, 10000 NXT per person and 100K max, for any gateway caused losses.
Please help us put some distance between us and the clones! Volunteers are most welcomed, but if you need some NXT to motivate you to participate, PM me and I will see what I can work out.
James
Bump for importance, if anyone can help with this, please contact James. |
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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bitcoinpaul
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March 01, 2014, 10:29:16 PM |
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Once again, someone needs to clarify some things for me. Please correct the following process, it could be total bullshit:
1. James uses AE + AM and three servers to make a gateway for external coins
2. Sending DOGE to the gateway triggers an automated process to send DOGE assets from the Nxt accounts of the servers to the sender's Nxt account
3. Sending DOGE assets back to the gateway triggers the servers to send DOGE coins back to a DOGE address
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chanc3r
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March 01, 2014, 10:45:47 PM |
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Omg
Sick - hope there is a moderator on who can delete it - i already reported it and block that sicko from posting again if you click on 'ignore' it will disappear from your feed |
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wakasaki808
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March 01, 2014, 10:47:00 PM |
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Everyone just report the guy. Then just ignore him so don't need to see the image any more...
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Damelon
Legendary
Offline
Activity: 1092
Merit: 1010
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March 01, 2014, 10:49:26 PM |
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Omg
Is NOT going in the summaries! |
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msin
Legendary
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Activity: 1470
Merit: 1004
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March 01, 2014, 10:51:59 PM |
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I made an easy page for hopefully most of the BCT threads: http://www.nxtcoins.nl/bitcointalk-threads/There is more than enough activity outside of this thread, contrary what people may think. Chances are I've missed some. If people who are involved in these could send me a PM, I'll add them.  Also: Awesome My new homepage, thanks for doing that. |
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bitcoinpaul
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March 01, 2014, 10:52:57 PM |
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Is NOT going in the summaries!
Yeah, that would suck. Sry. |
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chanc3r
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March 01, 2014, 10:53:25 PM |
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Is NOT going in the summaries!
Yeah, that would suck. Sry. Ewwwwww Can we change the subject..... |
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Damelon
Legendary
Offline
Activity: 1092
Merit: 1010
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March 01, 2014, 10:53:58 PM |
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Is NOT going in the summaries!
Yeah, that would suck. Sry. Made me laugh, it's ok  |
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bitcoinpaul
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March 01, 2014, 10:54:45 PM |
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Back to topic. Once again, someone needs to clarify some things for me. Please correct the following process, it could be total bullshit:
1. James uses AE + AM and three servers to make a gateway for external coins
2. Sending DOGE to the gateway triggers an automated process to send DOGE assets from the Nxt accounts of the servers to the sender's Nxt account
3. Sending DOGE assets back to the gateway triggers the servers to send DOGE coins back to a DOGE address
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punkrock
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March 01, 2014, 11:00:26 PM |
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Yes, BTT. Can someone explain what exactly happens, when a transaction is "cancelled", because when sending the NXT I was on a fork? Is it like the transaction never happend? So, I can use 0.7.6 now and do the transactions again without hesitation? |
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ChuckOne
Sr. Member
Offline
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
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March 01, 2014, 11:05:15 PM |
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Yes, BTT. Can someone explain what exactly happens, when a transaction is "cancelled", because when sending the NXT I was on a fork? Is it like the transaction never happend? So, I can use 0.7.6 now and do the transactions again without hesitation? Try out 0.8.3 an re-download the blockchain from scratch. Check that you have that block: 7573868954311477975 |
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jkoil
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March 01, 2014, 11:15:23 PM |
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Everyone just report the guy. Then just ignore him so don't need to see the image any more...
First time I tried 'Ignore'. It works That guy had posted his personal hobbies to several crypto coin pages. Possibly he has some pain ... hate against other coins. |
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Damelon
Legendary
Offline
Activity: 1092
Merit: 1010
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March 01, 2014, 11:16:28 PM |
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Everyone just report the guy. Then just ignore him so don't need to see the image any more...
First time I tried 'Ignore'. It works That guy had posted his personal hobbies to several crypto coin pages. Possibly he has some pain ... hate against other coins. Same here. First ignore on this forum. This truly is a memorable day! |
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chanc3r
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March 01, 2014, 11:21:02 PM |
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Everyone just report the guy. Then just ignore him so don't need to see the image any more...
First time I tried 'Ignore'. It works That guy had posted his personal hobbies to several crypto coin pages. Possibly he has some pain ... hate against other coins. Same here. First ignore on this forum. This truly is a memorable day! I've emailed the owners of the site he's linking the image from. I hope they catch him and I hope its somewhere where its illegal... |
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Damelon
Legendary
Offline
Activity: 1092
Merit: 1010
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March 01, 2014, 11:32:39 PM |
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Welcome to the thread Nice to see new people coming in and taking the time to introduce themselves. Looking at the video now. |
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rdanneskjoldr
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March 01, 2014, 11:36:32 PM |
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Nice vid,9 minutes watched and enjoying it. In the description text you mention,nxt could be attacked by buying 51% of the coins.If Transparent forging runs as expected,you wouldn't manipulate the blockchain even owning 90% of the coins  |
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punkrock
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March 01, 2014, 11:37:16 PM |
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Yes, BTT. Can someone explain what exactly happens, when a transaction is "cancelled", because when sending the NXT I was on a fork? Is it like the transaction never happend? So, I can use 0.7.6 now and do the transactions again without hesitation? Try out 0.8.3 an re-download the blockchain from scratch. Check that you have that block: 7573868954311477975 I am on 0.7.6 now (started from scratch) and yes, I see the block. I made a new transaction 30 minutes ago but it still has 0 confirmations. Current block is: 11581245883045947843 - I already restarted the browser but still 0 confirmations. DEBUG says: "Accepted new transaction 15118414472819469314" - but that's already 40 minutes ago. |
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