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Author Topic: | Nxt | Blockchain Platform | Proof of Stake | Official  (Read 941277 times)
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Come-from-Beyond
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December 01, 2015, 09:56:59 AM
 #7241

Doesn't matter; if you're not mixing using protocol-level ring signatures, you're at the mercy of the coin's volume in terms of camouflage.

Ring signatures approach has the very same problem, doesn't it? It's just disguised in a manner similar to anonymity problem of Bitcoin where majority delusionally think that new address for each transfer somehow make you anonymous.
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December 01, 2015, 10:27:55 AM
 #7242

Doesn't matter; if you're not mixing using protocol-level ring signatures, you're at the mercy of the coin's volume in terms of camouflage.

Ring signatures approach has the very same problem, doesn't it? It's just disguised in a manner similar to anonymity problem of Bitcoin where majority delusionally think that new address for each transfer somehow make you anonymous.

You are confusing stealth addresses and ring signatures.  Cryptonote (EG Monero) uses both.

Unlike NXT, Cryptonote does not use coinshuffle.

Coinshuffle needs proportional concomitant volume to effectively mix amounts larger than dust; Cryptonote does not.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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Come-from-Beyond
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December 01, 2015, 11:25:10 AM
 #7243

You are confusing stealth addresses and ring signatures.  Cryptonote (EG Monero) uses both.

Unlike NXT, Cryptonote does not use coinshuffle.

Coinshuffle needs proportional concomitant volume to effectively mix amounts larger than dust; Cryptonote does not.

I don't confuse, I'm talking about https://en.wikipedia.org/wiki/Ring_signature.
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December 01, 2015, 10:31:25 PM
 #7244


why not buy xmr and nxt ?

both are good coins, both are high risk of failure, reward if successful will be massive - only an idiot would buy one instead of both

I just don't get coin zealots at all

Mostly because Monero only has one feature, anonymity.  Nxt shuffling is just one of a dozen features.
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December 01, 2015, 10:37:03 PM
Last edit: December 02, 2015, 06:37:07 AM by iCEBREAKER
 #7245


why not buy xmr and nxt ?

both are good coins, both are high risk of failure, reward if successful will be massive - only an idiot would buy one instead of both

I just don't get coin zealots at all

Mostly because Monero only has one feature, anonymity.  Nxt shuffling is just one of a dozen features.

That's right.  Monero does one thing better than anyone else, while NXT violates the KISS principle and fails at a dozen different useless "features."

But it's not Monero NXT bagholders should be worried about.  Turing-complete ETH is the real NXT killer (if NXT isn't already dead).


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
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carlo_0000
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December 01, 2015, 11:26:40 PM
 #7246

i don't see information about forging
who does it work ?

i have 2753 nxt  sins 2 weeks  forging enable   but no information about it
how long does it take for a reward ?  does i have enought nxt ?
iCEBREAKER
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December 02, 2015, 03:04:51 AM
 #7247

i don't see information about forging
who does it work ?

i have 2753 nxt  sins 2 weeks  forging enable   but no information about it
how long does it take for a reward ?  does i have enought nxt ?


Somebody is playing naughty/hilarious games with NXT's difficulty, by driving it up sky-high and then removing their support, which causes a massive delay before the next block is found.  It's the equivalent of a market-based pump and dump, but at the protocol level.

That's a typical problem for abandoned crypto projects.  For all NXT's shameless self-promotion as The Next Big Thing, it didn't solve that very basic issue.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
msin
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December 02, 2015, 05:08:26 AM
 #7248


why not buy xmr and nxt ?

both are good coins, both are high risk of failure, reward if successful will be massive - only an idiot would buy one instead of both

I just don't get coin zealots at all

Mostly because Monero only has one feature, anonymity.  Nxt shuffling is just one of a dozen features.

That's right.  Monero does one thing better than anyone else, while NXT violates the KISS principle and fails at a dozen different useless "features."

But it's not Monero NXT bagholders should be worried about.  Turning-complete ETH is the real NXT killer (if NXT isn't already dead).

And yet Nxt still has a higher marketcap......interesting.
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December 02, 2015, 05:30:47 AM
 #7249

[...]
Turning-complete ETH is the real NXT killer (if NXT isn't already dead).

Yes, iCEBREAKER, "turning-complete" as in you are turning into a complete yobbo  Grin

Agree Ethereum and Nxt are both top-notch, whereas Monero can do just one thing.
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December 02, 2015, 05:42:40 AM
 #7250

Somebody is playing naughty/hilarious games with NXT's difficulty, by driving it up sky-high and then removing their support, which causes a massive delay before the next block is found.  It's the equivalent of a market-based pump and dump, but at the protocol level.

Where have you pulled this from?  Shocked

El sueño de la razón produce monstruos
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December 02, 2015, 06:39:01 AM
 #7251

[...]
Turning-complete ETH is the real NXT killer (if NXT isn't already dead).

Yes, iCEBREAKER, "turning-complete" as in you are turning into a complete yobbo  Grin

Agree Ethereum and Nxt are both top-notch, whereas Monero can do just one thing.

There are hundreds of innovative DApps being developed for ETH.

For NXT, not so much.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
sidhujag
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December 02, 2015, 06:39:13 AM
 #7252


why not buy xmr and nxt ?

both are good coins, both are high risk of failure, reward if successful will be massive - only an idiot would buy one instead of both

I just don't get coin zealots at all

Mostly because Monero only has one feature, anonymity.  Nxt shuffling is just one of a dozen features.

That's right.  Monero does one thing better than anyone else, while NXT violates the KISS principle and fails at a dozen different useless "features."

But it's not Monero NXT bagholders should be worried about.  Turing-complete ETH is the real NXT killer (if NXT isn't already dead).
eth can probably do new features pretty easily with msft azure. But consensus protocol still remains mystery.
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December 02, 2015, 06:42:54 AM
 #7253

There are hundreds of innovative DApps being developed for ETH.

For NXT, not so much.

Where could I see the list?
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December 02, 2015, 06:49:28 AM
 #7254


i don't see information about forging
who does it work ?

i have 2753 nxt  sins 2 weeks  forging enable   but no information about it
how long does it take for a reward ?  does i have enought nxt ?

No, try this: https://www.mynxt.info/forging_calculator.php

Forging doesn't even pay the electricity bill right now. It's main use is helping secure the network.
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December 02, 2015, 06:49:59 AM
 #7255

Somebody is playing naughty/hilarious games with NXT's difficulty, by driving it up sky-high and then removing their support, which causes a massive delay before the next block is found.  It's the equivalent of a market-based pump and dump, but at the protocol level.

Where have you pulled this from?  Shocked

El sueño de la razón produce monstruos

In most coins ya could view the block explorer to tell.
But ya Nxt is a weird bird , so difficulty is not listed along with the height & age like other coins.

https://nxtportal.org/blocks/4420394708442774410

10 minutes between blocks
Height   Age   Txs   Amt + Fee   Generator
581533   8 mins   2   0 + 2   NXT-HV5P-5WN7-6GHZ-DDY4P
581532   18 mins   0   0 + 0   NXT-MPF5-UXFD-R382-2BKS6

Is that normal for ya coin?

AG18


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December 02, 2015, 06:53:06 AM
 #7256


10 minutes between blocks

Is that normal for ya coin?

Will be adjusted in 1.7 https://nxtforum.org/core-development-discussion/current-1-7-changelog/

Quote
New base target adjustment algorithm
Average block times will be 60 s, with 1440 blocks per day. Block times should practically never exceed 10 min.
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December 02, 2015, 07:17:36 AM
 #7257

Is that normal for ya coin?

It's normal for any coin - https://bitcointalk.org/index.php?topic=277600.0
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December 02, 2015, 07:24:14 AM
 #7258

i don't see information about forging
who does it work ?

i have 2753 nxt  sins 2 weeks  forging enable   but no information about it
how long does it take for a reward ?  does i have enought nxt ?


2753 NXT are not enough for forging in short intervals, it could take a very long time until you forge a block.
This is not a fault in the POS protocol but a security feature against attacks.

Please stay reasonable: how much could you mine with bitcoin if you would invest only $17 in a mining device?

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
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December 02, 2015, 07:37:41 AM
 #7259

There are hundreds of innovative DApps being developed for ETH.
[...]

Where could I see the list?

It's funny, when iCEBREAKER moves into check, he always runs (never waits for the mate)  Wink
And he moves into check a lot.
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December 02, 2015, 08:13:18 AM
 #7260


Nahh,
it is normal for some, so i take ya word for it on yours.

But in some other coins , it would be the sign of a problem, like either a nothing to stake issue or something raising the difficulty too high, so it takes a lot longer to find a new block.

Does Nxt even have something like a difficulty reported anywhere?

AG18


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