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Author Topic: | Nxt | Blockchain Platform | Proof of Stake | Official  (Read 940986 times)
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box0214
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June 25, 2015, 01:35:03 PM
 #6801

when is nxt anonymity feature coming out and how does it work? any ideas yet?
nexern
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June 25, 2015, 02:11:15 PM
 #6802

it is very easy. the alias solution is max. simple and solid and it has zero side effects on trading.
for the issuer it means just ~20 lines of additional code, that's it. skynet for instance will support this
divi solution later just by traversing the shareholders list, scanning for a divi alias. if found, it is used,
if not, a standard nxt payment is made.

however, multigateway is good too.

Ok, then lets speak a bit more about that json. Im not so much into nxt that i know already what its about.

The json is a action directive that gets triggered when paying out divs?

So lets assume you implement the json, then you can have your bitcoins in your own wallet and how would you send out divs then? The shareholders could get their divs as real btc in their own wallets. Not btc tokens?

Im sorry but im very new to nxt and i did not understand the system so well.

the json example is, as mentioned, a more advanced solution where additional logic could be added but
let's stick with the simple and effective alias path.

you asked (for good reasons) for the possibilities to pay dividends in BTC instead nxt.
here is how skynet will handle this as soon divis and amount reaches an uncomfortable book threshold.

what the issuer do:

1. announcing to support additional currency divi support to shareholders and defining alias syntax (like below)

what the shareholder do:

1. register an alias e.g. sky2btc1...[1] with account holding the shares (duration: 10 sec. | costs: 1 cent one time)

that's it. nothing more todo. this has also an interesting effect. since this is a free decision, the shareholders are
voting with this alias bridge for constant buy pressure on NXT (due to conversion) or not.

issuer divi payment flow is very simple also:

1. api call for all shareholders and traversing shareholders alias for above mentioned alias prefix (sky2btc)
2. pipe divi payments to alias BTC address (real BTC) if found or NXT as usual if not

[1] since aliases are unique, a random sequence has to added at the tail.
Daedelus
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June 25, 2015, 05:16:11 PM
 #6803

when is nxt anonymity feature coming out and how does it work? any ideas yet?

Coin-shuffling?

*checks OP of https://bitcointalk.org/index.php?topic=831202.0*

It is due for the next version, NRS v.1.6, the last I heard.

Info can be found here...
https://nxtforum.org/monetary-system/ms-coin-for-shuffling-nxt/
And...
https://bitbucket.org/JeanLucPicard/nxt/issue/135

It is based around a shufflable MSCurrency, you buy the shufflable coin, it gets shuffled, then you sell back for Nxt (AFAIK, I might be out of date). I guess whichever shufflable coin has the biggest volume first will have more to shuffle, therefore more anonymity? Don't quote me  Grin


bitcoinrocks
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June 26, 2015, 09:44:28 AM
 #6804

Doesn't that duplicate some of the functionality going into SuperNET?
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June 26, 2015, 12:59:19 PM
 #6805

it is very easy. the alias solution is max. simple and solid and it has zero side effects on trading.
for the issuer it means just ~20 lines of additional code, that's it. skynet for instance will support this
divi solution later just by traversing the shareholders list, scanning for a divi alias. if found, it is used,
if not, a standard nxt payment is made.

however, multigateway is good too.

Ok, then lets speak a bit more about that json. Im not so much into nxt that i know already what its about.

The json is a action directive that gets triggered when paying out divs?

So lets assume you implement the json, then you can have your bitcoins in your own wallet and how would you send out divs then? The shareholders could get their divs as real btc in their own wallets. Not btc tokens?

Im sorry but im very new to nxt and i did not understand the system so well.

the json example is, as mentioned, a more advanced solution where additional logic could be added but
let's stick with the simple and effective alias path.

you asked (for good reasons) for the possibilities to pay dividends in BTC instead nxt.
here is how skynet will handle this as soon divis and amount reaches an uncomfortable book threshold.

what the issuer do:

1. announcing to support additional currency divi support to shareholders and defining alias syntax (like below)

what the shareholder do:

1. register an alias e.g. sky2btc1...[1] with account holding the shares (duration: 10 sec. | costs: 1 cent one time)

that's it. nothing more todo. this has also an interesting effect. since this is a free decision, the shareholders are
voting with this alias bridge for constant buy pressure on NXT (due to conversion) or not.

issuer divi payment flow is very simple also:

1. api call for all shareholders and traversing shareholders alias for above mentioned alias prefix (sky2btc)
2. pipe divi payments to alias BTC address (real BTC) if found or NXT as usual if not

[1] since aliases are unique, a random sequence has to added at the tail.

Thank you for your answer. I found that SkyNET is a private project. Its not possible that it steals something?

Then, this solution would mean that the issuer would have to have both, bitcoins and nxt in their account. Though maybe shareholders would mostly switch to btc, so that only a small amount of nxt would be needed.

Im really a noob to nxt. So the issuer handles its security on a website and the shareholders have the jwallet or so, where they hold their shares. If the issuer wants to spread divs then he buys btc on an exchange, then he needs to bring the coins into the nxt system, otherwise they cant be spread. Then he starts the payout process.

Is this correct so far? If someone would set up this for a noob issuer that doesnt have the time to learn everything, then this might be a solution. Issuer then wouldnt have much to do anymore.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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June 26, 2015, 07:07:01 PM
 #6806

it is coming around with coin shuffling feature. Last plan i read at nxtforum.org was verison 1.6.

when is nxt anonymity feature coming out and how does it work? any ideas yet?
EmoneyRu
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June 27, 2015, 06:36:57 AM
 #6807

NSC payouts #8.

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June 27, 2015, 10:19:22 AM
 #6808

Confirmed! I have got my weekly NSCs again . Great program,  keep it up !  Smiley

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June 27, 2015, 05:14:19 PM
 #6809

For those not following the Supernet thread closely, this is an important message fron jl777. Bold is mine.

Quote
I'd like to know which supernet dev built the cryptocircuits wallet. That has got to be one of the sickest wallets I have ever seen. Whoever you are you did a great job.

Yeah I'd like to know too who thought it would be a good idea to put a web browser inside a wallet.

PS. Bob is just trying to pump the coin where he bought into his own ICO.
why do people keep linking this cryptocircuits to SuperNET?
I have no idea about anything cryptocircuits and SuperNET has nothing to do with it

James
Rumor has it that a supernet dev is part of the circuits dev team. Dont know how it started or who started it but that's word on the crypto block. Either way, the wallet is sick.  It's also not just the webview in the wallet. Its the 1st webview I've seen with audio and video capabilities. It also has a combination of unlocking panels which also unolck a bonus stake, also a 1st in crypto.

@illodin Instead of hating maybe you should check it out. Download the wallet, it costs nothing.
since anybody can start a rumor without any basis, there have been many projects that claimed some sort of SuperNET involvement without any basis. Even some fairly prominent ones.

With almost 800 in the SuperNET community and the stretching of the definition of "dev", it is possible for someone to signup in the SuperNET slack and then create an artificial association.

However, I can categorically state that no SuperNET core dev is involved with cryptocircuits. I make no assessment of this cryptocircuits as I havent event looked at it, but if they are actively spreading this sort of rumor, then you can make your own conclusions about this. Why doesnt the cryptocircuits make an official statement about non-involvement of a SuperNET dev? or disclose which person they are claiming is a SuperNET dev.

James

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TaunSew
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June 29, 2015, 03:21:11 AM
 #6810


There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
EvilDave
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June 29, 2015, 07:14:45 AM
 #6811

I feel for you, TS.
Let's all hold hands and send TS our love in this difficult time for him.

Nulli Dei, nulli Reges, solum NXT
Love your money: www.nxt.org  www.ardorplatform.org
www.nxter.org  www.nxtfoundation.org
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June 29, 2015, 10:35:20 AM
 #6812

I thought the price of nxt might be under pressure but its not the case. So maybe TaunSew you checked the btc nxt exchange rates? You know, when bitcoin price is rising then its normal that nxt is worth less btc. Btc are simply worth more fiat then.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
Damelon (OP)
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June 30, 2015, 12:09:16 PM
 #6813

Drachmae project (which works with NXT via NXT2PAY platform) and NXT mentioned in the Daily Express.

http://www.express.co.uk/travel/articles/587781/Greece-holiday-cash-credit-card-advice-tourism-beach

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
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June 30, 2015, 05:41:09 PM
 #6814

The Greeks should be informed about this project   Cool Currently, it seems they are buying mostly Bitcoins and Litecoins when I take a look at the price charts^^

Drachmae project (which works with NXT via NXT2PAY platform) and NXT mentioned in the Daily Express.

http://www.express.co.uk/travel/articles/587781/Greece-holiday-cash-credit-card-advice-tourism-beach
bitcoinrocks
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June 30, 2015, 05:46:10 PM
 #6815

The Greeks should be informed about this project   Cool Currently, it seems they are buying mostly Bitcoins and Litecoins when I take a look at the price charts^^

I thought so too but fiatleak.com tells a very different story.
Sebastien256
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June 30, 2015, 06:48:16 PM
 #6816

The Greeks should be informed about this project   Cool Currently, it seems they are buying mostly Bitcoins and Litecoins when I take a look at the price charts^^

I thought so too but fiatleak.com tells a very different story.

What story does it tells?

Nxt official forum at: https://nxtforum.org/
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June 30, 2015, 06:49:59 PM
 #6817

The Greeks should be informed about this project   Cool Currently, it seems they are buying mostly Bitcoins and Litecoins when I take a look at the price charts^^

I thought so too but fiatleak.com tells a very different story.

What story does it tells?

It's a Chinese tale.
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July 02, 2015, 12:37:58 PM
 #6818

Doesn't that duplicate some of the functionality going into SuperNET?

Maybe, via two different implementations. But that is the beauty of Nxt. If a third party dev (jl777 in this case) see merit in something for his own projects, he can use the APIs for the core features (the toolbox) to build as he sees fit.

Nxt will have competition within itself, with the winners benefiting the platform. The internet has many email providers, the ones deemed the best take the bigger share. The internet doesn't care how many email providers there are, in the same way Nxt is indifferent to the number of privacy providers that might get built on top of Nxt.
tyz
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July 03, 2015, 06:25:45 PM
 #6819

Same question. i have followed the animation some time but there was no sign that the Greeks buying other cryptos than Bitcoin  Grin

The Greeks should be informed about this project   Cool Currently, it seems they are buying mostly Bitcoins and Litecoins when I take a look at the price charts^^

I thought so too but fiatleak.com tells a very different story.

What story does it tells?
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July 07, 2015, 06:31:02 PM
 #6820

Any news that caused the price increase of about 25% today? Did i miss something?  Shocked
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