[ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness!

[LiQio]

Let me check the lawyers about that.

Means, let me switch dresses personality and ask myself 

Sorry Carlos couldn't resist - am I still on your ignore list btw?

[Come-from-Beyond]

We've been pretty much in stealth mode... however a new website will be coming up shortly.

I was away for 4 days. Have u answered my question about the situation that NEX can't use published source code due to injected fatal flaw nor decompiled binaries of the current Nxt version due to traps that r fatal too?

Maybe you didn't realize that NEX code itself is riddled with security flaws that needs a ton of work to be fixed. 

This doesn't look as an answer to my question. Could u paraphrase it plz?

[endoflove]

interested

[FrictionlessCoin]

We've been pretty much in stealth mode... however a new website will be coming up shortly.

I was away for 4 days. Have u answered my question about the situation that NEX can't use published source code due to injected fatal flaw nor decompiled binaries of the current Nxt version due to traps that r fatal too?

Maybe you didn't realize that NEX code itself is riddled with security flaws that needs a ton of work to be fixed.  

This doesn't look as an answer to my question. Could u paraphrase it plz?

Curious,  are you also anonymous like BCNext?

Also,  are you the same person as BCNext?

[Come-from-Beyond]

We've been pretty much in stealth mode... however a new website will be coming up shortly.

I was away for 4 days. Have u answered my question about the situation that NEX can't use published source code due to injected fatal flaw nor decompiled binaries of the current Nxt version due to traps that r fatal too?

Maybe you didn't realize that NEX code itself is riddled with security flaws that needs a ton of work to be fixed.  

This doesn't look as an answer to my question. Could u paraphrase it plz?

Curious,  are you also anonymous like BCNext?

No.

PS: I answered ur question, what about mine?

Edit:

Also,  are you the same person as BCNext?

No.

[NEMcoin]

Interested

[FrictionlessCoin]

PS: I answered ur question, what about mine?

Professionally,  Nxt coin is riddled with fundamental issues.   I would not invest in it until a independent 3rd party reviews the code.  

We don't even have to look at the code to know its flaws.  You can go to the Russian section of Bitcointalk  (google transate it)  and all the problems are talked about there.  

So to answer your question about 'injected flaws',  I think they are more like 'fundamental flaws'.

In Nxt,  the code doesn't even handle private-public key encryption correctly.   Hint:  A private key is meant to be private... not public!

[Come-from-Beyond]

PS: I answered ur question, what about mine?

Professionally,  Nxt coin is riddled with fundamental issues.   I would not invest in it until a independent 3rd party reviews the code.  

We don't even have to look at the code to know its flaws.  You can go to the Russian section of Bitcointalk  (google transate it)  and all the problems are talked about there.  

So to answer your question about 'injected flaws',  I think they are more like 'fundamental flaws'.

In Nxt,  the code doesn't even handle private-public key encryption correctly.   Hint:  A private key is meant to be private... not public!

So u will write ur own code from scratch. Any ETA on a beta version?

[FrictionlessCoin]

PS: I answered ur question, what about mine?

Professionally,  Nxt coin is riddled with fundamental issues.   I would not invest in it until a independent 3rd party reviews the code.  

We don't even have to look at the code to know its flaws.  You can go to the Russian section of Bitcointalk  (google transate it)  and all the problems are talked about there.  

So to answer your question about 'injected flaws',  I think they are more like 'fundamental flaws'.

In Nxt,  the code doesn't even handle private-public key encryption correctly.   Hint:  A private key is meant to be private... not public!

So u will write ur own code from scratch. Any ETA on a beta version?

6-8 weeks.   We will take considerable time making sure the coin is hardened.

One last question about Nxt,  why is it not required that transactions need to be linked to previous transactions? 

[Come-from-Beyond]

One last question about Nxt,  why is it not required that transactions need to be linked to previous transactions? 

It's linked implicitly (in Bitcoin it's explicitly).

[hsbtc]

INTERESTED

[CLains]

Also interested!

[vanderbit]

very interested

[FrictionlessCoin]

One last question about Nxt,  why is it not required that transactions need to be linked to previous transactions? 

It's linked implicitly (in Bitcoin it's explicitly).

Not sure what you mean by "linked implicitly".  What are the implicit rules for transaction linking?

[Come-from-Beyond]

One last question about Nxt,  why is it not required that transactions need to be linked to previous transactions? 

It's linked implicitly (in Bitcoin it's explicitly).

Not sure what you mean by "linked implicitly".  What are the implicit rules for transaction linking?

"Outgoing transaction must not lead to negative balance."

[FrictionlessCoin]

One last question about Nxt,  why is it not required that transactions need to be linked to previous transactions? 

It's linked implicitly (in Bitcoin it's explicitly).

Not sure what you mean by "linked implicitly".  What are the implicit rules for transaction linking?

"Outgoing transaction must not lead to negative balance."

Yes, so double spending is okay so long as locally it does not leave to a negative balance?

So there are 100 addresses where I want to buy something.  I have 100 Nxt.  So I send each of the 100 addresses, 99 Nxt ( all without a previous transaction).   All 100 receive addresses receive the 99 Nxt because it does not lead to a negative balance.

Is that okay?  If so,  what prevents it?

[Come-from-Beyond]

Is that okay?  If so,  what prevents it?

Timestamping made by forgers does.

[XDM]

interested

[FrictionlessCoin]

Is that okay?  If so,  what prevents it?

Timestamping made by forgers does.

Is this sufficient in a P2P network?

Or put it this way,  if a node is aware that it is responsible for forging, will it just not create the double spend transactions and create the block?

[Come-from-Beyond]

Is that okay?  If so,  what prevents it?

Timestamping made by forgers does.

Is this sufficient in a P2P network?

Yes