farl4web
Legendary
 Offline
Activity: 1205
Merit: 1000
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March 23, 2014, 09:51:17 PM |
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Please stop quoting Emule... he's on my ignore list  +1  |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Conurtrol
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March 23, 2014, 09:52:10 PM |
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Some guy from Mastercoin says about Nxt "Their proof of stake algorithm for consensus depends on developer checkpoints so without the developers it doesn't work" Any comments from developers? PoS checkpoints are used in Peercoin etc. Nxt solved this problem, it doesn't use checkpoints... Ok, well this guy is saying that Nxt isn't really decentralized because of this. Someone needs to correct him. |
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Come-from-Beyond
Legendary
Offline
Activity: 2142
Merit: 1009
Newbie
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March 23, 2014, 09:53:18 PM |
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Some guy from Mastercoin says about Nxt "Their proof of stake algorithm for consensus depends on developer checkpoints so without the developers it doesn't work"
Any comments from developers?
I don't comment nonsense... |
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chanc3r
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March 23, 2014, 09:54:16 PM |
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Please stop quoting Emule... he's on my ignore list +1 Is someone squatting on Emule in the new forum? Well at least the username...  |
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salsacz
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March 23, 2014, 09:54:36 PM |
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Some guy from Mastercoin says about Nxt "Their proof of stake algorithm for consensus depends on developer checkpoints so without the developers it doesn't work" Any comments from developers? see NxtMyths, https://docs.google.com/file/d/0BwAGADgnQcrtM3g1cU1VSHZtTGM/editpages 17 and 23 Eventually, the intent is to move both toward making the checkpointing system more decentralized and reducing its power and PPCoins come to be owned by a larger group of people.
As usual, Nxt again came with right solution: Merged mining. Thanks to this feature centralized checkpointing system will never be a problem in Nxt. Nxt’s true original invention – Transparent forging – brings the revolution in the world of Proof of Stake currencies. It solves the problem of forked chains in other altcoins like Peercoin, Namecoin, Mastercoin or Ethereum. Nxt doesn’t have to use centrally inserted checkpoints. |
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Conurtrol
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March 23, 2014, 09:55:20 PM |
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Some guy from Mastercoin says about Nxt "Their proof of stake algorithm for consensus depends on developer checkpoints so without the developers it doesn't work"
Any comments from developers?
I don't comment nonsense... A developer of another coin is making accusations against Nxt on Let's Talk Bitcoin and you don't care? |
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EvilDave
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March 23, 2014, 10:00:56 PM |
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Please stop quoting Emule... he's on my ignore list +1 Is someone squatting on Emule in the new forum? Well at least the username... Tja, now that would be evil..... |
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Medion
Newbie
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Activity: 6
Merit: 0
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March 23, 2014, 10:03:48 PM |
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If this still on I would love to ask for testNXT - AE! Thanks
11616982638773905327
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opticalcarrier
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March 23, 2014, 10:06:08 PM |
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if anyone here is getting their ID squatted on the new forums site, please IM me here and we will delete the account and let you recreate it
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Come-from-Beyond
Legendary
Offline
Activity: 2142
Merit: 1009
Newbie
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March 23, 2014, 10:06:58 PM |
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A developer of another coin is making accusations against Nxt on Let's Talk Bitcoin and you don't care?
Correct, I do not care. I can't care about everyone who makes an idiot of himself by saying nonsense. |
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Sebastien256
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March 23, 2014, 10:09:55 PM |
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This thread should stay open, as it is give Nxt publicity. But it should be MAINLY use for new people joining nxt. Technical descussion about Nxt should be on the forum. I agree that marketing should post here new info from time to time, but the technical discussion should REALLY take place on the forum where it is must easier to structure the infrmation. If you like to have a brainstorm in a main MASSIVE thread, then come at the forum and create one. The question is who will create such one first. Let the competition begin! |
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Conurtrol
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March 23, 2014, 10:12:56 PM |
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A developer of another coin is making accusations against Nxt on Let's Talk Bitcoin and you don't care?
Correct, I do not care. I can't care about everyone who makes an idiot of himself by saying nonsense. I never said you should care about everyone. This isn't emule we're talking about |
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Sebastien256
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March 23, 2014, 10:13:33 PM |
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A developer of another coin is making accusations against Nxt on Let's Talk Bitcoin and you don't care?
Correct, I do not care. I can't care about everyone who makes an idiot of himself by saying nonsense. I never said you should care about everyone. This isn't emule we're talking about true. |
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Come-from-Beyond
Legendary
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Activity: 2142
Merit: 1009
Newbie
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March 23, 2014, 10:21:27 PM |
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I never said you should care about everyone. This isn't emule we're talking about
I don't care even if Satoshi says that Nxt uses checkpoints, coz it's not the truth. And I'm not going to waste my time trying to tell the others what the truth is. That guy doesn't know what he is talking about, or knows and lies. Anyway, 99% of the listeners don't care about checkpoints, decentralization and other stuff. |
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bitcoinpaul
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March 23, 2014, 10:25:41 PM |
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Anyway, 99% of the listeners don't care about checkpoints, decentralization and other stuff.
Kinda true. |
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Damelon
Legendary
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Activity: 1092
Merit: 1010
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March 23, 2014, 10:29:19 PM |
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I never said you should care about everyone. This isn't emule we're talking about
I don't care even if Satoshi says that Nxt uses checkpoints, coz it's not the truth. And I'm not going to waste my time trying to tell the others what the truth is. That guy doesn't know what he is talking about, or knows and lies. Anyway, 99% of the listeners don't care about checkpoints, decentralization and other stuff. True. Also: if you go on a crusade to defend yourself to every accusation you a) lend credence to lies (where there is smoke, there must be fire-effect) and b) get a headache and become tired very quickly. |
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Sebastien256
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March 23, 2014, 10:30:32 PM |
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nice everyone say true thing except the guy overthere!  |
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Conurtrol
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March 23, 2014, 10:31:05 PM |
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This guy Peter Todd is listed as Chief Scientist of the Mastercoin Foundation. Don't you think we could make an exception when the FUD reaches this level?
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Damelon
Legendary
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Activity: 1092
Merit: 1010
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March 23, 2014, 10:34:17 PM |
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This guy Peter Todd is listed as Chief Scientist of the Mastercoin Foundation. Don't you think we could make an exception when the FUD reaches this level?
Hmm, you may be right, anyway. However, it's just a very very short sentence. Maybe joefox can do something with it on his Nxt minute? Not directly, but obliquely. |
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salsacz
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March 23, 2014, 10:36:24 PM |
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I never said you should care about everyone. This isn't emule we're talking about
I don't care even if Satoshi says that Nxt uses checkpoints, coz it's not the truth. And I'm not going to waste my time trying to tell the others what the truth is. That guy doesn't know what he is talking about, or knows and lies. Anyway, 99% of the listeners don't care about checkpoints, decentralization and other stuff. yes, you don't have to. This was probably the hardest part of my NxtMyths book, when I had to study Proof of Stake theses, but at the end I found and published answers - Nxt doesn't use checkpoints, while all other Proof of Stake coins do. |
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