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

[FrictionlessCoin]

Is that okay?  If so,  what prevents it?

Timestamping made by forgers does.

Is this sufficient in a P2P network?

Yes

You need a longer explanation than just 'yes'.

[oldhag]

interested

[Come-from-Beyond]

Is that okay?  If so,  what prevents it?

Timestamping made by forgers does.

Is this sufficient in a P2P network?

Yes

You need a longer explanation than just 'yes'.

Hm, it's somewhere here - http://bitcoin.org/bitcoin.pdf

[BitcoinForumator]

Is that okay?  If so,  what prevents it?

Timestamping made by forgers does.

Is this sufficient in a P2P network?

Yes

You need a longer explanation than just 'yes'.

What's up with your attitude?

He owes you nothing.

[ReWeR]

intrested.

[newbegin]

interested

[EvilDave]

INTERESTED.  I hereby pledge one NXT to be exchanged for 50 nex.
Hey, I am now a corporate investor in the nex project from Code Audit.com. Yay!

TL:DR

Exchanging a vritual currency like Nxt for another virtual currency like NEX does not mean you are an investor in CodeAudit Corp.
Sorry, I was under the impression that u were looking for investors for your nex project.

If CodeAudit Corp sold you a virtual coin,  say a DOGE coin,  it does not mean that you are an investor in the company.  

Now this notion that you are in the Neatherlands and can't be sued for defamation.   Let me check the lawyers about that.
Never said u couldn't, said it would be difficult. and its Netherlands, btw

Besides,  why would a private company send any information to an individual who is anonymous?
Didn't ask you to send me information, asked u to post your corporate information on this forum for everyone to see before they invest......or whatever in the nex project from CodeAudit.com.

In fact,  why is everyone in the Nxt community, anonymous?

Italic replies are mine.
Once again I want to suggest to the FCs that they actually attempt to read my post. I know it haz lotz of wordz, but it shouldn't take all that long.

Probably wouldn't hurt the FCs to read their own posts as well.

[FrictionlessCoin]

Is that okay?  If so,  what prevents it?

Timestamping made by forgers does.

Is this sufficient in a P2P network?

Yes

You need a longer explanation than just 'yes'.

Hm, it's somewhere here - http://bitcoin.org/bitcoin.pdf

Ok... you link to Satoshi's paper.  In Satoshi's Bitcoin,  all transactions are linked to previous transactions.

How does Nxt justify not doing this?

What is the explanation why Nxt does not need to link transactions together while Bitcoin does?

[FrictionlessCoin]

Is that okay?  If so,  what prevents it?

Timestamping made by forgers does.

Is this sufficient in a P2P network?

Yes

You need a longer explanation than just 'yes'.

What's up with your attitude?

He owes you nothing.

He does need to explain it because Bitcoin links transactions together while Nxt does not.   Just saying  it is okay to do away with feature without an explanation is not sufficient.

[Come-from-Beyond]

What is the explanation why Nxt does not need to link transactions together while Bitcoin does?

Nxt does link transactions. Implicitly.

[FrictionlessCoin]

What is the explanation why Nxt does not need to link transactions together while Bitcoin does?

Nxt does link transactions. Implicitly.

Linked by timestamp,  not cryptographically linked.   Major difference.

Actually, more like 'ordered by timestamp',  not linked.

What if timestamps are fake,  then what do you do?

[Come-from-Beyond]

What is the explanation why Nxt does not need to link transactions together while Bitcoin does?

Nxt does link transactions. Implicitly.

Linked by timestamp,  not cryptographically linked.   Major difference.

Actually, more like 'ordered by timestamp',  not linked.

What if timestamps are fake,  then what do you do?

Bitcoin transaction r not "cryptographically" linked.

Ordered by timestamp and id if timestamp is the same.

Timestamps can't be fake, blockchain ensures this.

[FrictionlessCoin]

What is the explanation why Nxt does not need to link transactions together while Bitcoin does?

Nxt does link transactions. Implicitly.

Linked by timestamp,  not cryptographically linked.   Major difference.

Actually, more like 'ordered by timestamp',  not linked.

What if timestamps are fake,  then what do you do?

Bitcoin transaction r not "cryptographically" linked.

Ordered by timestamp and id if timestamp is the same.

Timestamps can't be fake, blockchain ensures this.

Yes they are,  all inputs linked to the hash of the previous output.  You cannot create a valid Bitcoin transaction without the previous hash.


So you are saying Nxt doesn't have this critical Bitcoin feature?   Every alt-coin in existence has this feature, but for some strange reason Nxt does not.   I think the burden of proof is on your court.  You need a strong explanation why your timestamp solution is sufficient. 



I doubt you will find it because Satoshi would not have gone through all the trouble of linking transactions.

[Come-from-Beyond]

Yes they are,  all inputs linked to the hash of the previous output.  You cannot create a valid Bitcoin transaction without the previous hash.


So you are saying Nxt doesn't have this critical Bitcoin feature?   Every alt-coin in existence has this feature, but for some strange reason Nxt does not.   I think the burden of proof is on your court.  You need a strong explanation why your timestamp solution is sufficient. 



I doubt you will find it because Satoshi would not have gone through all the trouble of linking transactions.

Looks like u found a fatal flaw in Nxt. U should create a separate thread for this. Put the link here, so I could watch it.

[EdwardWitten]

interested

[bithedger]

Interested!


Come-from-Beyond -- you need a smack if you didn't realize a flaw that big in Nxt.

[FrictionlessCoin]

Yes they are,  all inputs linked to the hash of the previous output.  You cannot create a valid Bitcoin transaction without the previous hash.


So you are saying Nxt doesn't have this critical Bitcoin feature?   Every alt-coin in existence has this feature, but for some strange reason Nxt does not.   I think the burden of proof is on your court.  You need a strong explanation why your timestamp solution is sufficient.  



I doubt you will find it because Satoshi would not have gone through all the trouble of linking transactions.

Looks like u found a fatal flaw in Nxt. U should create a separate thread for this. Put the link here, so I could watch it.

No need.  Recorded here for posterity.

[Come-from-Beyond]

Yes they are,  all inputs linked to the hash of the previous output.  You cannot create a valid Bitcoin transaction without the previous hash.


So you are saying Nxt doesn't have this critical Bitcoin feature?   Every alt-coin in existence has this feature, but for some strange reason Nxt does not.   I think the burden of proof is on your court.  You need a strong explanation why your timestamp solution is sufficient.  



I doubt you will find it because Satoshi would not have gone through all the trouble of linking transactions.

Looks like u found a fatal flaw in Nxt. U should create a separate thread for this. Put the link here, so I could watch it.

No need.  Recorded here for posterity.

Come on, show must go on!

[FrictionlessCoin]

Interested!


Come-from-Beyond -- you need a smack if you didn't realize a flaw that big in Nxt.

I don't think they realize it is a flaw.

It is the same with the private key that they are sending out for all accounts.  They don't think it is a flaw.

The inside joke though is that you can mine NXT with GPU farms, cracking secret phrases and rewriting transactions.

[Come-from-Beyond]

Come-from-Beyond -- you need a smack if you didn't realize a flaw that big in Nxt.

FC, stop talking to me using other accounts plz.