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

[FrictionlessCoin]

For the Nxt users who feel disenfranchised,  we will allocate 5% of NEX that they can purchase in exchange for NXT.

We are in fact taking considerable risk by tying the price to Nxt.

In fact, we rather not take Nxt as purchase price,  but we don't know where else Nxt holders can spend their coins.

If in the event that NXT prices continues to fall,  we reserve the right to request BTC at an exchange of 0.00007 BTC/NXT.

How's that 'considerable risk' working out for you, FC? A bit of a U-turn if you ask me. Basically, you want >70BTC to make this coin, and also you're going to keep some of the NEX for yourself?

Yes,  if the reservation numbers are accurate,  then 70 BTC is likely the cost for developing the coin.   

The actual distribution of the coin between VisaCoin, NEX, Free loaders and Developers have yet to be determined, but that will be known prior to any exchange.

[forkedchain]

The actual distribution of the coin between VisaCoin, NEX, Free loaders and Developers have yet to be determined, but that will be known prior to any exchange.

I was a visacoin victim, please put me on that list; i presume later you will be asking for hashes proving the loss?

[FrictionlessCoin]

Well it turns out that the original developer's account for Nxt has been cracked:

https://nextcoin.org/index.php/topic,3752.msg35274/topicseen.html#new

In fact, the person who did so claims that 3% of all Nxt accounts have already been compromised.

I am simply not surprised.

[Come-from-Beyond]

Well it turns out that the original developer's account for Nxt has been cracked:

https://nextcoin.org/index.php/topic,3752.msg35274/topicseen.html#new

In fact, the person who did so claims that 3% of all Nxt accounts have already been compromised.

I am simply not surprised.

Quoted

[cryptoknightt]

Sign me up.

This is going to be unstoppable.

Can you imagine the support on this?

Genius

And the fact he's being repeatedly attacked proves he's onto something!!

Great job!! I'm in!!

[minefish]

I'd love to be in on this! What do I do other then showing my interest?

[FrictionlessCoin]

Fun fact: the genesis account http://www.mynxt.info/blockexplorer/details.php?action=ac&ac=1739068987193023818 that credited all the original stakeholders used this passphrase:

Quote from: 1984 - George Orwell
It was a bright cold day in April, and the clocks were striking thirteen.

As I've pointed out in my first post https://nextcoin.org/index.php/topic,3608.msg34002.html

1.5% of NXT accounts are trivially crackable with a 15 line script and a widely-available passphrase list (the rockyou leak dataset).

I've let my script keep running on more lists since then and at current measure have recovered the passphrases of a little more than 3% of all accounts that have ever been used.  Since genesis ~8M NXT has been sent to these "weak" accounts.

As I pointed out in my original post, my motivation for doing this was to investigate the root cause of the rash of thefts that had been reported (since I suspected weak passphrases) as well as prod the devs to drop the brainwallet-based key management scheme as the default option.  I actually cracked the genesis account a few days ago but originally thought my code was just buggy when I saw it's balance was negative ... LOL.

As a side note, I should point out that widespread knowledge of the genesis account key isn't a security issue per se.  Although I'd advise devs to be defensive moving forward about the possibility of integer overflow/underflow whenever dealing with amounts/fees now that the whole world has access to an account with a negative balance.

Not like this is news.

[cryptoknightt]

I'd love to be in on this! What do I do other then showing my interest?

Showing interest is enough to be a 'Free loader' on NEX.  FC's words, not mine.

Yes,  if the reservation numbers are accurate,  then 70 BTC is likely the cost for developing the coin.   

The actual distribution of the coin between VisaCoin, NEX, Free loaders and Developers have yet to be determined, but that will be known prior to any exchange.

This guy is worried about something. He's not here out of the goodness of his heart to save us. LOL

sounds like we are getting in on a good thing because these guys are in a war and the DEV has had it with them. Does this pretty much some it up?

[cryptoknightt]

I'd love to be in on this! What do I do other then showing my interest?

Showing interest is enough to be a 'Free loader' on NEX.  FC's words, not mine.

Yes,  if the reservation numbers are accurate,  then 70 BTC is likely the cost for developing the coin.   

The actual distribution of the coin between VisaCoin, NEX, Free loaders and Developers have yet to be determined, but that will be known prior to any exchange.

This guy is worried about something. He's not here out of the goodness of his heart to save us. LOL

sounds like we are getting in on a good thing because these guys are in a war and the DEV has had it with them. Does this pretty much some it up?

I just think FC has the wrong attitude to build a strong community, that's all.

I'm done with this clown.

Caveat emptor.

I seen you on the first page right under the infographics, you are not really leaving, LOL

FC,

How do verify I have a stake? And great work. these nxt guys can be relentless. If they spent half the time working on nxt that they spend trolling other coins, nxt would be better off!!

[instacalm]

FC,

How do verify I have a stake? And great work. these nxt guys can be relentless. If they spent half the time working on nxt that they spend trolling other coins, nxt would be better off!!

Thank you for your competent opinion! Btw, which great work?

Have fun guys, keep it going. Entertainment is important and healthy for all of us!

[Come-from-Beyond]

Thank you for your competent opinion! Btw, which great work?

Have fun guys, keep it going. Entertainment is important and healthy for all of us!

U r talking to FC's sockpuppet account.

Date Registered:   January 29, 2014, 01:25:30 PM

[BitcoinForumator]

I'd love to be in on this! What do I do other then showing my interest?

Showing interest is enough to be a 'Free loader' on NEX.  FC's words, not mine.

Yes,  if the reservation numbers are accurate,  then 70 BTC is likely the cost for developing the coin.   

The actual distribution of the coin between VisaCoin, NEX, Free loaders and Developers have yet to be determined, but that will be known prior to any exchange.

This guy is worried about something. He's not here out of the goodness of his heart to save us. LOL

sounds like we are getting in on a good thing because these guys are in a war and the DEV has had it with them. Does this pretty much some it up?

I just think FC has the wrong attitude to build a strong community, that's all.

I'm done with this clown.

Caveat emptor.

I seen you on the first page right under the infographics, you are not really leaving, LOL

FC,

How do verify I have a stake? And great work. these nxt guys can be relentless. If they spent half the time working on nxt that they spend trolling other coins, nxt would be better off!!

Everything you said actually applies to FC. This is some kind of Twilight Zone where everything is in reverse.

[FrictionlessCoin]

Thank you for your competent opinion! Btw, which great work?

Have fun guys, keep it going. Entertainment is important and healthy for all of us!

U r talking to FC's sockpuppet account.

Date Registered:   January 29, 2014, 01:25:30 PM

That's just curious.  Why is the main developer of Nxt trolling this thread?

[cryptoknightt]

I am not a sock puppet man, look at my last posts. Or give me your email, phone number and I'll call you.

You nxt guys are just silly!!

 

[FrictionlessCoin]

I am not a sock puppet man, look at my last posts. Or give me your email, phone number and I'll call you.

You nxt guys are just silly!!

 

I doubt the'll give you their personal info.  They've got a plenty of reasons to remain anonymous.

[Come-from-Beyond]

That's just curious.  Why is the main developer of Nxt trolling this thread?

Coz I love to troll trolls. That's how I switch activity during coding. When I need to take a break I open https://bitcointalk.org/index.php?action=profile;u=127521;sa=showPosts, pick the last post and reply to it.

[cryptoknightt]

Other than Ether, these guys are really worried about what youre up to. This means that you are a REAL threat to them, which means this is a GREAT idea, at least in their eyes. You don't see them trolling huntercoin right now!!

i was sold before they started getting all buthurt. Now I'm really in.

They don't even think I'm real.

I'm real. I'll send real ID to anyone. I have no reason to be anonymous.

[instacalm]

Other than Ether, these guys are really worried about what youre up to. This means that you are a REAL threat to them, which means this is a GREAT idea, at least in their eyes. You don't see them trolling huntercoin right now!!

I am personally a little worried about the Frictions indeed. They ran themselves in a position that is certainly not easy to defend, yet Carlos seems to be doing not bad. He is just as funny and helpless as I use to know him.

Thank you for your competent opinion! Btw, which great work?

Have fun guys, keep it going. Entertainment is important and healthy for all of us!

U r talking to FC's sockpuppet account.

Date Registered:   January 29, 2014, 01:25:30 PM

I know, but it doesn't matter to me which of the multiple personalities of Carlos I talk to, it all comes down to the same!  

[Come-from-Beyond]

I am not a sock puppet man, look at my last posts. Or give me your email, phone number and I'll call you.

You nxt guys are just silly!!

 

C'mon, we all know that u r a sockpuppet account of FC.

[Come-from-Beyond]

Other than Ether, these guys are really worried about what youre up to. This means that you are a REAL threat to them, which means this is a GREAT idea, at least in their eyes. You don't see them trolling huntercoin right now!!

See? U even use the same phrases as FC.