Bitcoin Forum
September 18, 2019, 01:45:08 AM *
News: If you like a topic and you see an orange "bump" link, click it. More info.
 
   Home   Help Search Login Register More  
Pages: « 1 ... 2135 2136 2137 2138 2139 2140 2141 2142 2143 2144 2145 2146 2147 2148 2149 2150 2151 2152 2153 2154 2155 2156 2157 2158 2159 2160 2161 2162 2163 2164 2165 2166 2167 2168 2169 2170 2171 2172 2173 2174 2175 2176 2177 2178 2179 2180 2181 2182 2183 2184 [2185] 2186 2187 2188 2189 2190 2191 2192 2193 2194 2195 2196 2197 2198 2199 2200 2201 2202 2203 2204 2205 2206 2207 2208 2209 2210 2211 2212 2213 2214 2215 2216 2217 2218 2219 2220 2221 2222 2223 2224 2225 2226 2227 2228 2229 2230 2231 2232 2233 2234 2235 ... 2567 »
  Print  
Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2756162 times)
wesleyh
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
March 13, 2014, 08:22:12 AM
 #43681


No it's not, sorry for late response.

ps. @IE; I have to move my cursor to generate a password. @Chrome; Password generated automatically. Without moving mouse.

That's because you are using an older version of IE which does not have crypto built in. Instead we use random mouse movement for those older browsers.

Regarding the issue, can you tell me exact version numbers of Chrome and firefox? Is this on windows?
1568771108
Hero Member
*
Offline Offline

Posts: 1568771108

View Profile Personal Message (Offline)

Ignore
1568771108
Reply with quote  #2

1568771108
Report to moderator
1568771108
Hero Member
*
Offline Offline

Posts: 1568771108

View Profile Personal Message (Offline)

Ignore
1568771108
Reply with quote  #2

1568771108
Report to moderator
1568771108
Hero Member
*
Offline Offline

Posts: 1568771108

View Profile Personal Message (Offline)

Ignore
1568771108
Reply with quote  #2

1568771108
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1568771108
Hero Member
*
Offline Offline

Posts: 1568771108

View Profile Personal Message (Offline)

Ignore
1568771108
Reply with quote  #2

1568771108
Report to moderator
1568771108
Hero Member
*
Offline Offline

Posts: 1568771108

View Profile Personal Message (Offline)

Ignore
1568771108
Reply with quote  #2

1568771108
Report to moderator
1568771108
Hero Member
*
Offline Offline

Posts: 1568771108

View Profile Personal Message (Offline)

Ignore
1568771108
Reply with quote  #2

1568771108
Report to moderator
Eadeqa
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


View Profile
March 13, 2014, 08:22:30 AM
 #43682


ps. @IE; I have to move my cursor to generate a password. @Chrome; Password generated automatically. Without moving mouse.

You need to update to IE 11. IE 10 and older  requires mouse movement

NXT-GZYP-FMRT-FQ9K-3YQGS
https://nxtforum.org
allwelder
Legendary
*
Offline Offline

Activity: 1498
Merit: 1000



View Profile
March 13, 2014, 08:27:21 AM
 #43683

another descendant of Nxt
https://bitcointalk.org/index.php?topic=512177.0
Fatih87SK
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500



View Profile
March 13, 2014, 08:33:59 AM
 #43684


No it's not, sorry for late response.

ps. @IE; I have to move my cursor to generate a password. @Chrome; Password generated automatically. Without moving mouse.

That's because you are using an older version of IE which does not have crypto built in. Instead we use random mouse movement for those older browsers.

Regarding the issue, can you tell me exact version numbers of Chrome and firefox? Is this on windows?

Chrome;
Version 30.0.1599.101 m
 
Update failed (error: 3)An error occurred while checking for updates: Update check failed to start (error code 3: 0x800704c7 -- system level).

IE;
9.0.8112.16421

Saying it again; I'm testing this at the office where I don't know the security issues here. I can't even download the latest update of chrome for example. So, maybe it has nothing to do with your software.

jl777
Legendary
*
Offline Offline

Activity: 1176
Merit: 1090


View Profile WWW
March 13, 2014, 08:36:48 AM
 #43685

don't make fun of Evil, he's got a hat, he can be bcnext or satoshi
https://bitcointalk.org/index.php?topic=341956.msg4585430#msg4585430

and also promised 1000 Bitcoins and his ferrari for finding G-spot (misspelled by K-spot)
https://bitcointalk.org/index.php?topic=427753.0

Is it possible to build dedicated PoW coins on Nxt to solve problems like this one (not necessarily this one)?
Assume there is a bounty for solving the problem, then when the problem gets solved, the coin dies naturally and the bounty can be divided just by buying all the coins using it.

I think this would totally change how the researches that need massive computing resource are done, or every one is aware of such an idea?

PoW, PoS, PoTBD, hybrids, basically anything you can think of can most likely be implemented. Due to the overhead of creating an AE based coin being so low, it is well suited for vertical market or local market uses such as what you describe.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
evanxxx
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
March 13, 2014, 08:37:13 AM
 #43686

Why would the coin have any value if it can be killed by a solvable "weakness"?

The coin is created to solve the problem. It has a value because there is a bounty to solve the problem.
Since it is a PoW coin, the number of the coin is a proof of the contribution to solving the problem.

Think that you are doing some research and need some computing power to solve a problem
then you buy the computing power from some organization or company
or you can just create a PoW coin, let those who mining the coin solve the problem while mining, in the end, when the problem solved, you pay them by buying all the coin back.
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 2128
Merit: 1009

Newbie


View Profile
March 13, 2014, 08:41:04 AM
 #43687

This should be reported to Jean_luc or CFB if this is still happening. I thought this was supposed to be fixed.

bug?

Using http://nxtra.org/nxt-client/

Try to "Sell nodecoin for NXT"

Amount 540
Price 1
Total 540
Fee 1

The account has 28.5 testNXT, so should be able to pay the fee.  Instead get error:

Not enough funds.

http://localhost:6876/nxt?requestType=getBalance&account=16941742721574909475
{"balance":2850,"effectiveBalance":-3300,"unconfirmedBalance":2850}

Looks fine. What is wrong?

Edit: Sell or buy? What is the request?
wesleyh
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
March 13, 2014, 08:44:51 AM
 #43688

This should be reported to Jean_luc or CFB if this is still happening. I thought this was supposed to be fixed.

bug?

Using http://nxtra.org/nxt-client/

Try to "Sell nodecoin for NXT"

Amount 540
Price 1
Total 540
Fee 1

The account has 28.5 testNXT, so should be able to pay the fee.  Instead get error:

Not enough funds.

http://localhost:6876/nxt?requestType=getBalance&account=16941742721574909475
{"balance":2850,"effectiveBalance":-3300,"unconfirmedBalance":2850}

Looks fine. What is wrong?

Edit: Sell or buy? What is the request?

Sell, and seems he has 590 nodecoins: http://localhost:6876/nxt?requestType=getAccount&account=16941742721574909475
Damelon
Legendary
*
Offline Offline

Activity: 1092
Merit: 1001



View Profile
March 13, 2014, 08:45:31 AM
 #43689

I fully understand you, but I also believe that knowledge should be rewarded. People are not working for free, at least not the successful ones.
I am still not 100% sure if I should give away this knowledge for free or wait for some BUG-Bounty program to come up?

Asking for something that hasn't been seen and getting paid for it only works if you have a large trust rating.
No one in their right minds in any business would ever give money up front without either some form of surety or a sample of the goods.

The fact that you have apparently been in business with people who actually take things on complete trust says nothing about how business should be conducted, but only something about the fact that your previous business partners are apparently risk takers who will at some point will get severely burned.

There is a place for risk in business, but some form of collateral is standard practice.

In short: I have no idea why you get snippy at the fact that people would demand to see proof. The trust issue in this case is reversed: this community already has proven to reward and appreciate people uncovering weaknesses.

Edit: yes, I need to catch up with reading the thread. Wink

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
Join Nxt Slack! https://nxtchat.herokuapp.com/
Founder of Blockchain Workspace | Personal Site & Blog
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 2128
Merit: 1009

Newbie


View Profile
March 13, 2014, 08:47:52 AM
 #43690


Is it possible to get the request?
jl777
Legendary
*
Offline Offline

Activity: 1176
Merit: 1090


View Profile WWW
March 13, 2014, 08:48:05 AM
 #43691

We shouldn't be looking at Nodecoins as a buy and sell commodity.  We should be looking at Nodecoins as a Nxt Utility coin.  For example.  If you want to use the DAC, you have to send 10 Nodecoins to retrieve Doge address, then you can transfer Doge to DAC.  If you want to use NxtCash for Mixing you have to send 10 Nodecoins to retrieve NxtCash address, then send Nxt for mixing....and so on.  We have some really great features that will be built on top of Nxt and we should charge users Nodecoins to use those features.   That will give them value.

But then you're basically inflating the currency and usurping value from Nxt as it should be the unit used for these purposes, no? These are roles that Nxt would take; doing so with nodecoin reduces Nxt's functions and in turn it's demand/value as opposed to nodecoin adding value on top of the system.
I am not sure if there is any usurping going on. Using this logic, if we started trading BTC using NXT AE, then somehow this hurts NXT? I dont think that is what would happen. I think the value of NXT would be proportional to the sum of the values of all of the NXT AE assets plus the current value. So if nodecoins become worth something, then NXT becomes incrementally more valuable.

Also, you are not taking into account the fact that without NXT, there is no nodecoin. This also seems to be what BCNext wanted from what I can remember.

If people deposit $1 billion USD into NXT and we have that much USD assets floating around inside AE, would that suck all the value out of NXT?

If nodecoins became worth $1 USD each, would that suck all the value out of NXT?

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
evanxxx
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
March 13, 2014, 08:49:45 AM
 #43692


Is it possible to build dedicated PoW coins on Nxt to solve problems like this one (not necessarily this one)?
Assume there is a bounty for solving the problem, then when the problem gets solved, the coin dies naturally and the bounty can be divided just by buying all the coins using it.

I think this would totally change how the researches that need massive computing resource are done, or every one is aware of such an idea?

PoW, PoS, PoTBD, hybrids, basically anything you can think of can most likely be implemented. Due to the overhead of creating an AE based coin being so low, it is well suited for vertical market or local market uses such as what you describe.

James

There should be a tutorial for this in the future to educate researchers how to embed their code for solving the problem into the coin. I think this will open another door for Nxt.
mcjavar
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500


View Profile
March 13, 2014, 08:51:02 AM
 #43693



Is it good or bad for Nxt?
Uniqueorn
Full Member
***
Offline Offline

Activity: 182
Merit: 100

NXT.org


View Profile
March 13, 2014, 08:51:07 AM
 #43694

We shouldn't be looking at Nodecoins as a buy and sell commodity.  We should be looking at Nodecoins as a Nxt Utility coin.  For example.  If you want to use the DAC, you have to send 10 Nodecoins to retrieve Doge address, then you can transfer Doge to DAC.  If you want to use NxtCash for Mixing you have to send 10 Nodecoins to retrieve NxtCash address, then send Nxt for mixing....and so on.  We have some really great features that will be built on top of Nxt and we should charge users Nodecoins to use those features.   That will give them value.

But then you're basically inflating the currency and usurping value from Nxt as it should be the unit used for these purposes, no? These are roles that Nxt would take; doing so with nodecoin reduces Nxt's functions and in turn it's demand/value as opposed to nodecoin adding value on top of the system.
I am not sure if there is any usurping going on. Using this logic, if we started trading BTC using NXT AE, then somehow this hurts NXT? I dont think that is what would happen. I think the value of NXT would be proportional to the sum of the values of all of the NXT AE assets plus the current value. So if nodecoins become worth something, then NXT becomes incrementally more valuable.

Also, you are not taking into account the fact that without NXT, there is no nodecoin. This also seems to be what BCNext wanted from what I can remember.

If people deposit $1 billion USD into NXT and we have that much USD assets floating around inside AE, would that suck all the value out of NXT?

If nodecoins became worth $1 USD each, would that suck all the value out of NXT?

James

Simple: just invest in the coins built ontop. This is a way of injecting fairness into the community. The community decides if they want to keep NXT or a nodecoin as their primary focus.
This nodecoin would obviously be possible for everyone to get in on eary.
This community doesn't award people for their work, there is no mining, forging wont give you shit, so this is a way for fairness to come into the picture.
wesleyh
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
March 13, 2014, 08:52:44 AM
 #43695


You'd have to ask the user I guess.
jl777
Legendary
*
Offline Offline

Activity: 1176
Merit: 1090


View Profile WWW
March 13, 2014, 08:52:57 AM
 #43696


Assume there is a bounty for solving the problem, then when the problem gets solved, the coin dies naturally and the bounty can be divided just by buying all the coins using it.
I think this would totally change how the researches that need massive computing resource are done, or every one is aware of such an idea?

Doesn't make sense.

Why would the coin have any value if it can be killed by a solvable "weakness"?


I would think the coin should end up trading at roughly ((size of bounty) / (number of coins)) * (estimated chance of success)
The assumption is that upon completion, the bounty is distributed out as a dividend. Dividending is a function I will be supporting for NXTcoins.
Now, there is no reason for the coin to die, it could just go dormant waiting for the next problem to solve

This is actually related to my upcoming business coin, but I was going to have a background task that will always allow people to mine coins, the time of paying clients just boosts the value with dividends

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
Uniqueorn
Full Member
***
Offline Offline

Activity: 182
Merit: 100

NXT.org


View Profile
March 13, 2014, 08:53:32 AM
 #43697


Is it possible to build dedicated PoW coins on Nxt to solve problems like this one (not necessarily this one)?
Assume there is a bounty for solving the problem, then when the problem gets solved, the coin dies naturally and the bounty can be divided just by buying all the coins using it.

I think this would totally change how the researches that need massive computing resource are done, or every one is aware of such an idea?

PoW, PoS, PoTBD, hybrids, basically anything you can think of can most likely be implemented. Due to the overhead of creating an AE based coin being so low, it is well suited for vertical market or local market uses such as what you describe.

James

There should be a tutorial for this in the future to educate researchers how to embed their code for solving the problem into the coin. I think this will open another door for Nxt.

I already proposed this a few days ago. Infact I have already started taking steps towards it.
Grid-computing (Ripple and Gridcoin) is already doing it. There are manual tasks too, that could be rewarded 10x normal amounts of coins,
wesleyh
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
March 13, 2014, 08:53:43 AM
 #43698


All the benefits it posts have already or are close to being implemented in Nxt. (except bitcoin like address).
wesleyh
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
March 13, 2014, 08:54:19 AM
 #43699

What do you guys think of this:

http://nxtra.org/nxt-client/#message:wesleynxt

http://nxtra.org/nxt-client/#send:wesleynxt

mcjavar
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500


View Profile
March 13, 2014, 08:55:13 AM
 #43700

Nxt :: Asset Exchange Test

I have set up a test management tool using Test Pad for the Asset Exchange Testing.

Please check out the thread I´ve created for this purpose.

https://bitcointalk.org/index.php?topic=507444

I will report all recorded bugs to Jean-Luc.


If you feel it´s usefull what I am doing, I´d be happy to accept some Nxt.


17081684614434671224


Hi All!

There is not much activity on TestPad, although Jean-Luc is also following the tests made on there. Please get active and join the tests to get more structure in testing out all possible cases of the AE.
Pages: « 1 ... 2135 2136 2137 2138 2139 2140 2141 2142 2143 2144 2145 2146 2147 2148 2149 2150 2151 2152 2153 2154 2155 2156 2157 2158 2159 2160 2161 2162 2163 2164 2165 2166 2167 2168 2169 2170 2171 2172 2173 2174 2175 2176 2177 2178 2179 2180 2181 2182 2183 2184 [2185] 2186 2187 2188 2189 2190 2191 2192 2193 2194 2195 2196 2197 2198 2199 2200 2201 2202 2203 2204 2205 2206 2207 2208 2209 2210 2211 2212 2213 2214 2215 2216 2217 2218 2219 2220 2221 2222 2223 2224 2225 2226 2227 2228 2229 2230 2231 2232 2233 2234 2235 ... 2567 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!