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Author Topic: | Nxt | Blockchain Platform | Proof of Stake | Official  (Read 940986 times)
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devphp
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November 20, 2014, 04:50:47 PM
 #5661

I will do it next week, with  paper on the most formal N@S definition to the moment being published  Smiley

Please make it in PDF format, just like that infamous pdf that all the PoW geeks refer to all the time Wink
Este Nuno
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November 20, 2014, 05:18:29 PM
 #5662

I will do it next week, with  paper on the most formal N@S definition to the moment being published  Smiley

Please make it in PDF format, just like that infamous pdf that all the PoW geeks refer to all the time Wink

This is great. I'd really like to see some further debate on this issue. So many people simply write off PoS and I don't think it's nearly as clear cut as they make it out to be.
Daedelus
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November 20, 2014, 05:53:09 PM
 #5663

Ummm.....I may have had something to do with it.

https://nxtforum.org/nxt-promotion/nxt-in-space!/

Maybe we should start a crypto space race.....the Vulture2/LOHAN flight may hit the 50 KM mark, which is pretty impressive for a privately funded, 3d printed, homebrew spaceplane running on NXT and a RaspberryPi.

Well done Dave. You picked a bad time with the new release and Kushtis awesome contributions hot on your heels  Cheesy Definately pdf, no one can argue with pdf..
EvilDave
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November 20, 2014, 06:41:09 PM
 #5664

No worries, the Vulture 2 probably won't even be seeing a launch date for a month, lets get our .pdf action on......


Nulli Dei, nulli Reges, solum NXT
Love your money: www.nxt.org  www.ardorplatform.org
www.nxter.org  www.nxtfoundation.org
Daedelus
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November 20, 2014, 06:44:58 PM
 #5665

Congratulations Come-from-Beyond for making it to the voting round and great support for Jean Luc Smiley

The NXT community and team has been an excellent example of integrity and decentralization.

Twitter
https://twitter.com/ev0k3d/status/535499003019149312

Nomination Thread
https://bitcointalk.org/index.php?topic=855130.msg9604806#msg9604806


Daedelus
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November 20, 2014, 06:45:59 PM
 #5666

Anyone who hasn't voted want to add more nominations for JL?
zuqka
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November 20, 2014, 08:04:16 PM
 #5667


Done my duty

nxt: NXT-2V7G-C8BY-KTYY-CAHNU * btc: 19UcQHepGvXb2fDcAMBJo1a3iduqBNXaGw * byte: XJBP46RQ7OZ6KKY4IXKL73VQBDKRIYJ4
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November 20, 2014, 08:08:43 PM
 #5668

Ummm.....I may have had something to do with it.

https://nxtforum.org/nxt-promotion/nxt-in-space!/

Maybe we should start a crypto space race.....the Vulture2/LOHAN flight may hit the 50 KM mark, which is pretty impressive for a privately funded, 3d printed, homebrew spaceplane running on NXT and a RaspberryPi.

Very well done

nxt: NXT-2V7G-C8BY-KTYY-CAHNU * btc: 19UcQHepGvXb2fDcAMBJo1a3iduqBNXaGw * byte: XJBP46RQ7OZ6KKY4IXKL73VQBDKRIYJ4
TwinWinNerD
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November 20, 2014, 10:48:19 PM
 #5669

Only 16 votes left:

https://nxtforum.org/nxtventures/pangea-poker/

GOGO!

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November 21, 2014, 06:02:22 PM
 #5670

Voted for Jean Luc yesterday!  Cool
DarkhorseofNxt
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November 22, 2014, 02:07:56 PM
 #5671

Voted for Jean-Luc, done.

Thread: https://bitcointalk.org/index.php?topic=855130.msg9604806#msg9604806

HomerS
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November 23, 2014, 02:00:02 AM
 #5672

I have NXT wallet 1.3.1. Two days before I click on actualizations NRS version 1.3.4. (inside wallet), but from this time there´s sign:
"The blockchain is currently downloading. Please wait until it is up to date." and wallet is not function. After few minutes it always close with some error message.
I tryed to delete whole wallet and download another new one, but it´s still the same.
I am waiting two days for dowloading blockchain, is it normal ? Anybody have the same difficulties?
DarkhorseofNxt
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November 23, 2014, 05:37:29 AM
 #5673

I have NXT wallet 1.3.1. Two days before I click on actualizations NRS version 1.3.4. (inside wallet), but from this time there´s sign:
"The blockchain is currently downloading. Please wait until it is up to date." and wallet is not function. After few minutes it always close with some error message.
I tryed to delete whole wallet and download another new one, but it´s still the same.
I am waiting two days for dowloading blockchain, is it normal ? Anybody have the same difficulties?


Do you have any other previous version of wallet? Use it to update the blocks. Then download 1.3.4 --> Copy db file from previous version to 1.3.4 folder. Run the wallet, and let it run for few minutes. For the first time of using 1.3.4 (started from 1.3.3) the initial start up will download all the blocks to sync (Jean luc says it create table for the first time), after that, the next time you open the wallet will be fast.

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November 23, 2014, 07:43:30 AM
 #5674

I have NXT wallet 1.3.1. Two days before I click on actualizations NRS version 1.3.4. (inside wallet), but from this time there´s sign:
"The blockchain is currently downloading. Please wait until it is up to date." and wallet is not function. After few minutes it always close with some error message.
I tryed to delete whole wallet and download another new one, but it´s still the same.
I am waiting two days for dowloading blockchain, is it normal ? Anybody have the same difficulties?


Have you deleted the "lib" folder before installation as stated in the release readme?

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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November 23, 2014, 07:53:30 AM
 #5675

Is nxt better than bitshares? How will it compete with dpos and pay to develop model via variable delegate pay rates?
devphp
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November 23, 2014, 11:03:05 AM
 #5676

Is nxt better than bitshares?

Try it and decide for yourself, why ask for biased opinions in this thread?
Daedelus
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November 23, 2014, 02:46:51 PM
 #5677

DPOS is Nxt+leased forging with a different forging algo. So says ByteMaster, core dev of Bitshares...
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November 23, 2014, 04:23:51 PM
 #5678

DPOS is Nxt+leased forging with a different forging algo. So says ByteMaster, core dev of Bitshares...

Cool
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November 23, 2014, 05:37:13 PM
 #5679

DPOS is Nxt+leased forging with a different forging algo. So says ByteMaster, core dev of Bitshares...

Have people considered nominating a group of trusted people in the community that people can lease their forging power to?

If there was an open market for leasing(is there?) I think that would be a bad thing in general. As it would allow an attacker to gain more forging power than they would be entitled to by actually having to buy up all those coins(which is a big part of the security behind PoS). Just like now in PoW anyone who knows how and has a few BTC can attack any number of blockchains that aren't strong just by renting some hash for short period. In this regard PoS is much more superior, but only if an attacker can't similarly acquire forging power as people can now rent hashing power.
Meizirkki
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November 23, 2014, 05:47:23 PM
 #5680

Have people considered nominating a group of trusted people in the community that people can lease their forging power to?

If there was an open market for leasing(is there?) I think that would be a bad thing in general. As it would allow an attacker to gain more forging power than they would be entitled to by actually having to buy up all those coins(which is a big part of the security behind PoS). Just like now in PoW anyone who knows how and has a few BTC can attack any number of blockchains that aren't strong just by renting some hash for short period. In this regard PoS is much more superior, but only if an attacker can't similarly acquire forging power as people can now rent hashing power.
It is an open market and will stay that way. If the implementation was limited in Nxt core someone would code it as an addon. Having a "trusted group" as the only party people can lease their forging power to would break the principle of decentralized trust free network.

EDIT:
But IMO there's no point to forging pools in the first place, or in fact they are very bad already. Leasing your stake is easier than forging by yourself, which leads to lower number of forgers and a weaker network. You actually lower the network's security by leasing out your stake, and get paid for doing so.
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