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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2756303 times)
allwelder
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March 10, 2014, 06:34:58 AM
 #42621

So, using guid we can lookup the txid to verify that Evil Bob's txid he submits is different than the real one and reject him. There is no way for Evil Bob to change the GUID. 10 confirmations is recommended.

Anyone can change transaction. All that u need is to rely on guid.
so,what the difference or relation between guid and TXID?

 
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pandaisftw
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March 10, 2014, 06:58:03 AM
 #42622

All of the parallel blockchains can be backed by NXT directly, according to cfb.

They can be but they shouldn't have to be is the point that is being made here.

Understand that the whole reason to say have a China chain is because they won't be able to work with the main chain at decent speeds because of the GCF (so of course they wouldn't want their chain being dependent upon the stake holders in the main chain).

In regards to the main chain being fast - that is what TF is all about and that is the very point of "the plan". It makes less sense to me for the main chain to be the slower one.

BTW - these same conversations just keep going in pointless circles every day.

Personally I think we just "stick with the plan" and get on with it (otherwise you guys will still be debating in 2015 about what to do by which time Nxt will be irrelevant).


Well, I offered a scaleable solution - as far as I'm aware, this has not been discussed before. TF can work with an unlimited amount of chains, each chain can have instant transactions, I don't see why this is exclusive. Instant transactions can work with even the slowest chain in the world, as long as TF is enabled. In the case of China, due to the firewall, I'm sure most of the forgers of the China chain will be from within China. But for other less restricted countries, anyone could help secure their chains (and receive fees).

Not sure *why* the master chain has to be fast if it's simply going to become the checkpointing chains for all the slave chains... unless the AE and other features are only enabled on the main chain, then I can see why it would need to be able to support a large number of transactions. Of course, a solution would be to make it so that the AE can trade across chains, but I'm not knowledgeable on if that is possible or not.

I'm sure there will be "high-capacity" chains, but they will be supported because it is economical to do so (equilibrium point between # forgers and fees), not because of altruism or because someone said it had to be that way.

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March 10, 2014, 06:59:00 AM
 #42623

But if we partially save the password and the users just have to remember a Pin code. There will be no problems.

The password can be saved to the hard drive encrypted by user's own password.  That user password doesn't have to be very strong.

Though the the user has to be careful to backup the file, in case of hard drive crash.

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abctc
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March 10, 2014, 07:14:56 AM
 #42624

... my point here is that the NXT client is really un-user-friendly. I like the idea of having ur password as your login, but most users are not accustomed to such a system. the NXTcoin teams needs to seriously educate users properly about how to manage the wallet etc.
- didn't you read this
Quote
If opening a new account, please note:
A simple passphrase will certainly result in your NXT being stolen! Do not use any phrase that appears in any printed or online material, no matter how long or obscure. A secure passphrase will be at least 35 characters long and consist of random letters, numbers, and special characters, or a meaningless combination of 10 random words.
when you create your account?

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abctc
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March 10, 2014, 07:28:20 AM
 #42625

When people first open the client an account is automatically generated and people can receive coin immediatly . The password is saved in a "wallet.dat" equivalent. The user doesn't have to know it unless he search for it.
- you forget to add "IMHO".

How many times need I repeat to close-minded people:
...
All  clients should have password management system.  The client should generate cryptographically secure passwords and save them on hard disk in wallet.dat  ...
- I'm strongly disagree with this. This feature should be an option.

BCNext made brain wallet in Nxt on purpose. Russian government says, that those, who use any crypto, is a terrorist.

So wallet.dat is a proof that you have account in Nxt, so you are terrorist. Whilst brain wallet mean that you do not leave any trace on your hard disk.

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March 10, 2014, 07:38:35 AM
 #42626

When people first open the client an account is automatically generated and people can receive coin immediatly . The password is saved in a "wallet.dat" equivalent. The user doesn't have to know it unless he search for it.
- you forget to add "IMHO".

How many times need I repeat to close-minded people:
...
All  clients should have password management system.  The client should generate cryptographically secure passwords and save them on hard disk in wallet.dat  ...
- I'm strongly disagree with this. This feature should be an option.

BCNext made brain wallet in Nxt on purpose. Russian government says, that those, who use any crypto, is a terrorist.

So wallet.dat is a proof that you have account in Nxt, so you are terrorist. Whilst brain wallet mean that you do not leave any trace on your hard disk.

There should be an option to either "save" or "do not save" your password to local disk.

 
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March 10, 2014, 07:44:26 AM
 #42627

I pushed code that supports GUIDs. When Jean-Luc puts it into the production exchanges will be able to use guids to track transactions without worrying about transaction malleability. NIP #1 is not ready yet so I created the solution as I felt it should be.



@CfB, Jean-Luc

I have a request there -

When you modify/extend the API please make sure to issue some kind of a notification so that client devs can track the changes!

For example, somehow I managed to miss the 'stopForging' and 'startForging' calls - I plugged them in afterwards, but still...

Would these new calls have been mentioned in the release notes?

Please include new/modified API calls in the future in the release notes, or if I just missed it, drop me a hint, that I can pay more specific attention to the release notes in the future

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March 10, 2014, 07:46:48 AM
 #42628

can someone send me some testNXT.  
- if someone needs testNXT, ask them here: https://forums.nxtcrypto.org/viewtopic.php?f=2&t=832

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March 10, 2014, 07:47:40 AM
 #42629


In regards to the main chain being fast - that is what TF is all about and that is the very point of "the plan". It makes less sense to me for the main chain to be the slower one.

BTW - these same conversations just keep going in pointless circles every day.

Personally I think we just "stick with the plan" and get on with it (otherwise you guys will still be debating in 2015 about what to do by which time Nxt will be irrelevant).



I think we have shown that it is *impossible* for the people in this topic to ever come to a consensus about anything at all (and perhaps a few of you actually work for Ethereum to ensure exactly that).

I am willing to say "let's just go with the plan" (because it is obvious that we'll never work out another plan).


+1

I think not everyone reads the whole thread before he is posting his ideas. That helps with the pointless circling Wink
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March 10, 2014, 07:52:44 AM
 #42630

... my point here is that the NXT client is really un-user-friendly. I like the idea of having ur password as your login, but most users are not accustomed to such a system. the NXTcoin teams needs to seriously educate users properly about how to manage the wallet etc.
- didn't you read this
Quote
If opening a new account, please note:
A simple passphrase will certainly result in your NXT being stolen! Do not use any phrase that appears in any printed or online material, no matter how long or obscure. A secure passphrase will be at least 35 characters long and consist of random letters, numbers, and special characters, or a meaningless combination of 10 random words.
when you create your account?

People don't read everything if anything at all when signing up on sites or entering passwords. Just adding some text doesn't resolve this problem.


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March 10, 2014, 07:59:41 AM
 #42631

One idea (which I will not take credit for, only restating in this context) was that perhaps 'effectiveBalance' (ie: forging power == 'leased + owned NXT') could be capped to prevent large pools.
And I still do not think what the purpose of this is except annoying stakeholders.

The idea has nothing to do with annoying large stakeholders.  It would be an annoyance, for sure.  But is one that is meant to limit large centralization of pooling once 'forge leasing' is available.

If leasing NXT to forge were uncapped, many worry that centralized forging pools would form and harm the security of the network.  One only need to look at high centralization of many PoW pools to see the merits of argument.

Proposed limit to forging power aims to avoid pool centralization.

(IMHO, stakeholder 'annoyance' is a small price to pay if NXT is able to perform reliable TF and Instant Transactions).



Understand that it will not avoid pools.

Stakeholder will split their balances and created pseudo-nodes (if whatever forging limit you impose on accounts or nodes).

If you want to avoid pools the right way, find a crypto-solution.
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March 10, 2014, 08:32:23 AM
 #42632


Personally I think we just "stick with the plan" and get on with it (otherwise you guys will still be debating in 2015 about what to do by which time Nxt will be irrelevant).


+1

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March 10, 2014, 08:34:16 AM
 #42633


Personally I think we just "stick with the plan" and get on with it (otherwise you guys will still be debating in 2015 about what to do by which time Nxt will be irrelevant).


+1


+1 CIYAM will nxt go somewhere?
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March 10, 2014, 08:34:44 AM
 #42634


Personally I think we just "stick with the plan" and get on with it (otherwise you guys will still be debating in 2015 about what to do by which time Nxt will be irrelevant).


+1


+1
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March 10, 2014, 08:37:20 AM
 #42635

OK, But should have a validation in the next versions of the client for existing accounts saying:
 
Hello asshole, you have 50,000 NXT and uses a 10-character password?
You are asking to get screwed, please create another account with a password of over 30 characters including numbers, letters and special characters and move your values or soon someone will steal you. Do not cry when it happens. You have been warned.
The client should not even allow anything like that from happening. Put a minimum password length of 20 characters, what so hard about that?  Huh  Huh

I think using that exact language would have worked so much better though.

The Mac client I am using first gives you this message before opening an account:




and when you choose a weak passphrase, you will get this message:



The other clients should implement this too.

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March 10, 2014, 08:42:07 AM
 #42636


In regards to the main chain being fast - that is what TF is all about and that is the very point of "the plan". It makes less sense to me for the main chain to be the slower one.

BTW - these same conversations just keep going in pointless circles every day.

Personally I think we just "stick with the plan" and get on with it (otherwise you guys will still be debating in 2015 about what to do by which time Nxt will be irrelevant).



I think we have shown that it is *impossible* for the people in this topic to ever come to a consensus about anything at all (and perhaps a few of you actually work for Ethereum to ensure exactly that).

I am willing to say "let's just go with the plan" (because it is obvious that we'll never work out another plan).


+1

I think not everyone reads the whole thread before he is posting his ideas. That helps with the pointless circling Wink

Did you even read my post?

I guess we'll just +1 whatever CIYAM says, that's fine too. He literally quoted one sentence from my post, and ignored all my other points (which also, to my knowledge, have not been discussed before. If they have, quote it here - please.)

I guess we all do what we think is best for NXT. Personally, I'm going to take a break from this community. Impossible this, impossible that. Whatever.

NXT: 13095091276527367030
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March 10, 2014, 08:44:10 AM
 #42637

The Mac client I am using first gives you this message before opening an account:
and when you choose a weak passphrase, you will get this message:
The other clients should implement this too.

huh,that is exactly what the official nrs client is ?!

I guess we all do what we think is best for NXT. Personally, I'm going to take a break from this community. Impossible this, impossible that. Whatever.

i have heard that nxt is going nowhere due to no strong joined development

is thatreally true?  i cant and dont want to afford to lose my investment if this goes lower
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March 10, 2014, 08:45:33 AM
 #42638

So I'll ask again, why is there a need for a single 1000 TPS chain when you can have hundreds of 10 TPS chains?

I think the current idea of parallel chains are 99% independent, so there is no real interaction between them. I think that is the reason.

edit
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March 10, 2014, 08:45:58 AM
 #42639

When people first open the client an account is automatically generated and people can receive coin immediatly . The password is saved in a "wallet.dat" equivalent. The user doesn't have to know it unless he search for it.
- you forget to add "IMHO".

How many times need I repeat to close-minded people:
...
All  clients should have password management system.  The client should generate cryptographically secure passwords and save them on hard disk in wallet.dat  ...
- I'm strongly disagree with this. This feature should be an option.

BCNext made brain wallet in Nxt on purpose. Russian government says, that those, who use any crypto, is a terrorist.

So wallet.dat is a proof that you have account in Nxt, so you are terrorist. Whilst brain wallet mean that you do not leave any trace on your hard disk.

There should be an option to either "save" or "do not save" your password to local disk.

+21

1. Download wallet
2. Create account
3. Save password?

If Yes > Password saved > End of story

If No > Warning message appears like; "Own responsability to save your password and it is important blah blah"

This will meet every user his need.
He/She can choose to create a brainwallet or a wallet on his/her PC.

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March 10, 2014, 08:46:47 AM
 #42640

The Mac client I am using first gives you this message before opening an account:
and when you choose a weak passphrase, you will get this message:
The other clients should implement this too.

huh,that is exactly what the official nrs client is ?!

I guess we all do what we think is best for NXT. Personally, I'm going to take a break from this community. Impossible this, impossible that. Whatever.

i have heard that nxt is going nowhere due to no strong joined development

is thatreally true?  i cant and dont want to afford to lose my investment if this goes lower
Just relax and chill. Rome wasn't build in one day. This is one of the best communities for a crypto!

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