NXT :: descendant of Bitcoin - Updated Information

[salsacz]

Looking for China speakers:

May 10-11, Beijing
http://www.globalbtcsummit.com/en/submission.php
- deadline in 48 hours

Topics

We invite topics including (but not limited to) the following areas:
Trading Platform
Safety System
DAC
Laws & Regulations
Development Trend
Bitcoin Payments
Related Applications
Innovative Crypto-Currency

2)
Shanghai, September 2014
http://bitcoinexpo2014.com/panelists-and-speakers/

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[jl777]

@jack

I also need "getrawtransaction" and "decoderawtransaction" commands, I doubt a coin would support createmultisig and not those, but you never know

James

[opticalcarrier]

http://livestream.coinsumm.it/

NxtMinnow on NOW!

Did you see their faces when minnow used the doge gateway as an example. that says it all people

I missed it. What happened when he mentioned DOGE gateway?
I am currently debugging BTC, LTC, PPC, DOGE and DRK for the multigateway
adding more is a matter of installing coin's daemon as long as it is bitcoind fork

Their jaws dropped in amazement.

do you know at what time in the vid did he mention doge gateway?? really want to see it lol

No I sure don't. You can't miss it though. They all turned to NxtMinnow in amazement and their jaws hit the floor.

Do you have link to video? Not sure what is so amazing, maybe the multisig?

welllll... they were so amazed b/c he called it fully decentralized, so I think they thought it was completely embedded in the protocol, and didnt depend on your managed gateways.

[longzai1988]

I would say lets put this enormous thread on-going, this is where poeple throw their raw idea out and discuss about, where the forum is a perfect for poeple to work and concentrate on that particular features.

[mczarnek]

I would say lets put this enormous thread on-going, this is where poeple throw their raw idea out and discuss about, where the forum is a perfect for poeple to work and concentrate on that particular features.

I was against this enormous thread at first, but yeah, it's kind of like a chat room with a very long history saved.

Think we can reach the limit on number of pages bitcointalk will allow?

[msin]

I would say lets put this enormous thread on-going, this is where poeple throw their raw idea out and discuss about, where the forum is a perfect for poeple to work and concentrate on that particular features.

I was against this enormous thread at first, but yeah, it's kind of like a chat room with a very long history saved.

Think we can reach the limit on number of pages bitcointalk will allow?

Well, it's slowed quite a bit, I used to go to sleep and wake up to 20 new pages, now everyone is posting at nxtforum.org

[CIYAM]

@mczarnek - the biggest problem I see with your proposal as that each forger is being asked for a "random" number - how are you going to be sure of that?

I think that for the "ticket" (which currently is looking to be the forging hash of the block 1440 in the future) could have extra entropy by something more simple like the sum of the number of bytes in each of the 1440 blocks together with the # of transactions (and maybe several other such things so that trying to "construct a block" to benefit becomes so difficult it wouldn't be attempted).

I think also adding this amount of entropy helps because your ticket "isn't" just the forging hash (which could lead to people calling out *rigged* if a forger skips its turn).

[Anon136]

@mczarnek - the biggest problem I see with your proposal as that each forger is being asked for a "random" number - how are you going to be sure of that?

I think that for the "ticket" (which currently is looking to be the forging hash of the block 1440 in the future) could have extra entropy by something more simple like the sum of the number of bytes in each of the 1440 blocks together with the # of transactions (and maybe several other such things so that trying to "construct a block" to benefit becomes so difficult it wouldn't be attempted).

I think also adding this amount of entropy helps because your ticket "isn't" just the forging hash (which could lead to people calling out *rigged* if a forger skips its turn).

I'm not understanding why this would make it difficult to construct a exploitative block.

[CIYAM]

I'm not understanding why this would make it difficult to construct a exploitative block.

If that information applied to only 1440 - X blocks (where perhaps X is just 1) then the forger of block 1440 can't really do anything to affect the outcome apart from *not forge* (which TF as originally planned would result in penalty).

(sorry - I didn't get that right before)

Note that this extra entropy is just to make sure we can't predict the lottery ticket *even if we could predict the forging hash 1440 blocks in the future*.

[chinabreak123]

is there are something wrong with the NXT blockchain?
Balance Total  was changed when i send some nxt,but can't find the transaction records.
anyone know that?

[Anon136]

I'm not understanding why this would make it difficult to construct a exploitative block.

If that information applied to only 1440 - X blocks (where perhaps X is just 1) then the forger of block 1440 can't really do anything to affect the outcome apart from *not forge* (which TF as originally planned would result in penalty).

(sorry - I didn't get that right before)

Note that this extra entropy is just to make sure we can't predict the lottery ticket *even if we could predict the forging hash 1440 blocks in the future*.

yea i understand. ive been thinking really hard about this myself. im not sure if it actually protects us in the way you are thinking. every time i try to think through it all my brain craps out on me before i can follow through all the logic. ill keep working on it.

[swartzfeger]

I'm not understanding why this would make it difficult to construct a exploitative block.

If that information applied to only 1440 - X blocks (where perhaps X is just 1) then the forger of block 1440 can't really do anything to affect the outcome apart from *not forge* (which TF as originally planned would result in penalty).

(sorry - I didn't get that right before)

Note that this extra entropy is just to make sure we can't predict the lottery ticket *even if we could predict the forging hash 1440 blocks in the future*.

yea i understand. ive been thinking really hard about this myself. im not sure if it actually protects us in the way you are thinking. every time i try to think through it all my brain craps out on me before i can follow through all the logic. ill keep working on it.

Sorry to derail, anon, but any chance of you updating us over at nxtforum.org on your silver bullion project? (maybe I missed it...)

[Emule]

no buy support + heavy selling = *flush noise* down the drain to 0

crying founder bagholders

drama's unfolding

[ChuckOne]

I'm not understanding why this would make it difficult to construct a exploitative block.

If that information applied to only 1440 - X blocks (where perhaps X is just 1) then the forger of block 1440 can't really do anything to affect the outcome apart from *not forge* (which TF as originally planned would result in penalty).

(sorry - I didn't get that right before)

Note that this extra entropy is just to make sure we can't predict the lottery ticket *even if we could predict the forging hash 1440 blocks in the future*.

I see, what you are trying to accomplish here. We got 2 types of methods:

1) Hiding information from several groups of nodes: topology approach
2) Increasing difficulty: your approach

Regarding you approach:
In what way would you prove that your approach is computationally more difficult than standard TF?

One remark:
Right now, a forger only has one variable (accounts) to tweak until it suits his needs.
Just imagine the bad guy forges the last block in that (1440-X)-row (e.g. accidentally). He now has two variables (accounts, transactions) to tweak.

[timmyd]

emules back to his normal self again. start the day off with a troll sell off lol
edit. emule you will never make it to 0 its out of ur hands now dude way too powerful for you to manipulate. wjay ever happens its only tempory. too strong pal nxt has the power of 300

[Emule]

emules back to his normal self again. start the day off with a troll sell off lol
edit. emule you will never make it to 0 its out of ur hands now dude way too powerful for you to manipulate. wjay ever happens its only tempory. too strong pal nxt has the power of 300

  we shall see WHO has the power!

nxt is so weak and in dead strugle

on little push and it is of the cliff and the charts for good

[Fatih87SK]

Is there a youtube link or something to watch back how NxtMinnow performed?

I missed it!

[crazywack]

Looks like the largest community, most discussion of any alt, fastest development,  and most viewd topic on this entire site... In 4 months... Pretty astonishing actually

[ShroomsKit_Disgrace]

Looks like the largest community, most discussion of any alt, fastest development,  and most viewd topic on this entire site... In 4 months... Pretty astonishing actually

Feel free to join us! 

[Emule]

for the blind and small investors...

Nxt is in downtrend ever since January and will continue to do so.

Nxt is on its way down to test LAST line of support @0.00004.

If that support gets breached no support is left and it will tumble to 0