Closed Thread

[mellorbo]

Where I can trade NODE?

The community is aiming to trade node on bter.com!

You can vote here: https://bter.com/voting

I'm never gonna grade at bter again. They lost a lot of credibility during recent hack

https://nxtforum.org/news-and-announcements/three-solutions-proposed-by-bter-com-(200btc-deal-or-310btc-bounty-or-fork)/

https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/

https://bitcointalk.org/index.php?topic=740147.0

And I think it wasn't the first time. It might as well have been an inside job.

Better watch out for some quality exchange, develop your own fiat gateway or try to use nxt AE multigateway.

agreed bter is just as good as dead.

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[Viper1]

Where I can trade NODE?

The community is aiming to trade node on bter.com!

You can vote here: https://bter.com/voting

I'm never gonna grade at bter again. They lost a lot of credibility during recent hack

https://nxtforum.org/news-and-announcements/three-solutions-proposed-by-bter-com-(200btc-deal-or-310btc-bounty-or-fork)/

https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/

https://bitcointalk.org/index.php?topic=740147.0

And I think it wasn't the first time. It might as well have been an inside job.

Better watch out for some quality exchange, develop your own fiat gateway or try to use nxt AE multigateway.

agreed bter is just as good as dead.

I'm curious.  Poloniex was hacked in March.  Why aren't they dead and why are people still using them?  Mintpal was hacked as well wasn't it?  So out of the remaining exchanges that NODE could get on, maybe Cryptsy or Bittrex (shit coin and pump and dump haven) could be used as most others seem to have no serious volume or simply wouldn't take a new coin.

[shaman2000]

Hi there! Where I can download wallet?

[mellorbo]

Where I can trade NODE?

The community is aiming to trade node on bter.com!

You can vote here: https://bter.com/voting

I'm never gonna grade at bter again. They lost a lot of credibility during recent hack

https://nxtforum.org/news-and-announcements/three-solutions-proposed-by-bter-com-(200btc-deal-or-310btc-bounty-or-fork)/

https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/

https://bitcointalk.org/index.php?topic=740147.0

And I think it wasn't the first time. It might as well have been an inside job.

Better watch out for some quality exchange, develop your own fiat gateway or try to use nxt AE multigateway.

agreed bter is just as good as dead.

I'm curious.  Poloniex was hacked in March.  Why aren't they dead and why are people still using them?  Mintpal was hacked as well wasn't it?  So out of the remaining exchanges that NODE could get on, maybe Cryptsy or Bittrex (shit coin and pump and dump haven) could be used as most others seem to have no serious volume or simply wouldn't take a new coin.

IMO the amount that was stolen (approx $1.7million) from bter is too much to recover from. poloniex diddnt have anywhere near that amount to pay back so it was "easy" to return the funds.  bter is going to have to pull some tricks out of the hat to fix this mess

in the light of what has happened it just shows that there is an even greater need for a decentralized exchange

[helloge]

Where I can trade NODE?

The community is aiming to trade node on bter.com!

You can vote here: https://bter.com/voting

I'm never gonna grade at bter again. They lost a lot of credibility during recent hack

https://nxtforum.org/news-and-announcements/three-solutions-proposed-by-bter-com-(200btc-deal-or-310btc-bounty-or-fork)/

https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/

https://bitcointalk.org/index.php?topic=740147.0

And I think it wasn't the first time. It might as well have been an inside job.

Better watch out for some quality exchange, develop your own fiat gateway or try to use nxt AE multigateway.

agreed bter is just as good as dead.

I'm curious.  Poloniex was hacked in March.  Why aren't they dead and why are people still using them?  Mintpal was hacked as well wasn't it?  So out of the remaining exchanges that NODE could get on, maybe Cryptsy or Bittrex (shit coin and pump and dump haven) could be used as most others seem to have no serious volume or simply wouldn't take a new coin.

IMO, the best trade way now is in the btt forum via escrow.

[zhinkk]

Could someone tell me about the algorithm "curve25519". I tried googling it but can't really find anything related to bitcoin/node. Like is it similar to scrypt?

[patmast3r]

Could someone tell me about the algorithm "curve25519". I tried googling it but can't really find anything related to bitcoin/node. Like is it similar to scrypt?

Afaik curve25519 is what's used for keys (as in your priv- and pub-key).
Scrypt is used for PoW which is something completely different.

[TwinWinNerD]

Any updates? I want to trade NODE...

[oldisoft]

Dgex was hacked as well and now is working, I think that Bter will work as well!

By the way- Bter has already returned 46 000 000 NXT back from hacker for 320 btc.

It seems that BTER will recover quickly!

[cryptoknightt]

Where I can trade NODE?

The community is aiming to trade node on bter.com!

You can vote here: https://bter.com/voting

I'm never gonna grade at bter again. They lost a lot of credibility during recent hack

https://nxtforum.org/news-and-announcements/three-solutions-proposed-by-bter-com-(200btc-deal-or-310btc-bounty-or-fork)/

https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/

https://bitcointalk.org/index.php?topic=740147.0

And I think it wasn't the first time. It might as well have been an inside job.

Better watch out for some quality exchange, develop your own fiat gateway or try to use nxt AE multigateway.

agreed bter is just as good as dead.

I'm curious.  Poloniex was hacked in March.  Why aren't they dead and why are people still using them?  Mintpal was hacked as well wasn't it?  So out of the remaining exchanges that NODE could get on, maybe Cryptsy or Bittrex (shit coin and pump and dump haven) could be used as most others seem to have no serious volume or simply wouldn't take a new coin.

IMO, the best trade way now is in the btt forum via escrow.

The forum BUY / SELL Thread

https://bitcointalk.org/index.php?topic=727745.0

Another Update

https://bitcointalk.org/index.php?topic=740147.400

Looks like the thief returned most of what he stole for 440 BTC which is a VERY good deal for Bter. They got out rather cheap.

Looks like Bter will take a hit because people are aware of their lack of security and recklessness, but it looks like they will survive

[oldisoft]

Where I can trade NODE?

The community is aiming to trade node on bter.com!

You can vote here: https://bter.com/voting

I'm never gonna grade at bter again. They lost a lot of credibility during recent hack

https://nxtforum.org/news-and-announcements/three-solutions-proposed-by-bter-com-(200btc-deal-or-310btc-bounty-or-fork)/

https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/

https://bitcointalk.org/index.php?topic=740147.0

And I think it wasn't the first time. It might as well have been an inside job.

Better watch out for some quality exchange, develop your own fiat gateway or try to use nxt AE multigateway.

agreed bter is just as good as dead.

I'm curious.  Poloniex was hacked in March.  Why aren't they dead and why are people still using them?  Mintpal was hacked as well wasn't it?  So out of the remaining exchanges that NODE could get on, maybe Cryptsy or Bittrex (shit coin and pump and dump haven) could be used as most others seem to have no serious volume or simply wouldn't take a new coin.

nxt multigateway is the most sensible way forward in such a situation.

taken from nem thread.. its the smartest and cheapest way forward.. (no trading fees bar transaction fees)

the sooner NEM can be untied to NXT, the better..

what is happening with NXT right now is another good lesson to learn from.. well first of all the lesson is don't get hacked if you're an exchange and secondly, don't perform a rollback or hardfork for an exchange. it would just blemish the reputation of your coin, ala the great Vericoin bailout of '14.

This wasn't a fault of the coin though. It was the exchange.

This is why it's important nem gets on a number of equally popular exchanges on release. One exchange monopolizing the volumes can go belly up if they make even a simple mistake.

it is possible to set up and run our own multigateway for nxt WE so that people can trade with out worry of a central point of failure. All we need is for nem to support multisig and some to set up the servers then just 3 highly trusted people from nem to host the servers. I think after recent events it would be a very good idea to give people this option straight of the bat.

Do you not have to worry about those servers getting hacked then though and someone siphoning off trades midstream? (disclaimer - I know noting)

3 people will be in control of a server each.. as long as you trust that the 3 members will not collude to steal the funds with in the servers then your coins are safe.. as far as i know, all three servers would need to be hacked simultaneously in order for someone to steal the coins.. its not entirely decentralized, but it is magnitudes safer than traditional exchanges... preferably you get people with a vested interest in the said currency/platform to be in control of the servers.

for example in nxt, its going to be james, the owner of nxthaus (new nxt exchange in the making) and cant remember  who else.. the reason these were chosen as the right people is because they all have a huge vested interested in not stealing the coins.. james has coded the damn thing and has a reputation to protect and is also heavily invested in nxt and multigateway assets and therefore has to protect the interests of the buyers of MGW asset.

the owner of nxthaus would never mess with servers as he has a vested interest in being seen as trustworthy, cos if hes not, no one will use his new exchange. the same applies for the other guy ie. high vested interest or is very trustworthy already.

you only have to trust that 2 of the 3 wont collude.. one malicious server maintainer cannot steal the funds alone.. he may be able to fek up multigateway so it stops working but funds cannot be stolen or accounts miscalculated. so even if one entity isnt trust worthy your coins are still safe..

if centralised exchanges used multigateway for their back end stuff, the odds of these hacks stealing millions would not be a concern any longer..

This is not so good idea, let's stop trading one coin through the another one coin
NODE haven't any relation with nxt
just stop promotion nxt in every big coin thread, ok ?
As well, I don't think that it is very good idea to trade NEM and of course NODE in nxt AE, cause it hurts NEM(and other coins) when nxt like ussualy has problem- OK?

[mellorbo]

agreed ^^   

i think node team will have something sorted in the near future

[oldisoft]

Dear Kodtycoon, I just think that every Big coin deserve OWN path without any relation to another coin. with own mistake and so on!
Or may be you think that NEM after distribution(I hope) in September will use again something from nxt? come on...

[Deviant1]

NODE is off to a great start on its own, no need to mix NXT or NEM into the equation 

[HunterMinerCrafter]

Could someone tell me about the algorithm "curve25519". I tried googling it but can't really find anything related to bitcoin/node. Like is it similar to scrypt?

Afaik curve25519 is what's used for keys (as in your priv- and pub-key).
Scrypt is used for PoW which is something completely different.

Here is the complete contents of the "node-curve25519" module from the first version of the wallet:

Code:

var crypto = require("crypto");

exports.sha256 = function(message) {
    var shasum = crypto.createHash('sha256');
    shasum.update(message);
    return shasum.digest();
};

In the second version that module is not present but since they further obfuscated, and apparently aren't releasing source after all, we can't easily tell what they replaced it with.

[Viper1]

IMO the amount that was stolen (approx $1.7million) from bter is too much to recover from. poloniex diddnt have anywhere near that amount to pay back so it was "easy" to return the funds.  bter is going to have to pull some tricks out of the hat to fix this mess

in the light of what has happened it just shows that there is an even greater need for a decentralized exchange

The hacker returned 42M of it now so it's not as much for them to recover from.

Haven't looked at NXT, but I played around with the CounterParty exchange and frankly I don't see it going anywhere. To slow. Fees too much and of course there's not enough people using it. I was so frustrated I moved stuff out of it to a regular exchange and had my trade done in minutes. But I guess we'll see what happens.

[mellorbo]

IMO the amount that was stolen (approx $1.7million) from bter is too much to recover from. poloniex diddnt have anywhere near that amount to pay back so it was "easy" to return the funds.  bter is going to have to pull some tricks out of the hat to fix this mess

in the light of what has happened it just shows that there is an even greater need for a decentralized exchange

The hacker returned 42M of it now so it's not as much for them to recover from.

Haven't looked at NXT, but I played around with the CounterParty exchange and frankly I don't see it going anywhere. To slow. Fees too much and of course there's not enough people using it. I was so frustrated I moved stuff out of it to a regular exchange and had my trade done in minutes. But I guess we'll see what happens.

yea i literally just read that, thats good news at least for bter and the people who lost their coins but i bet its still put a huge dent into there reputation

[Coinr88]

Where I can trade NODE?

The community is aiming to trade node on bter.com!

You can vote here: https://bter.com/voting

I'm never gonna grade at bter again. They lost a lot of credibility during recent hack

https://nxtforum.org/news-and-announcements/three-solutions-proposed-by-bter-com-(200btc-deal-or-310btc-bounty-or-fork)/

https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/

https://bitcointalk.org/index.php?topic=740147.0

And I think it wasn't the first time. It might as well have been an inside job.

Better watch out for some quality exchange, develop your own fiat gateway or try to use nxt AE multigateway.

agreed bter is just as good as dead.

I'm curious.  Poloniex was hacked in March.  Why aren't they dead and why are people still using them?  Mintpal was hacked as well wasn't it?  So out of the remaining exchanges that NODE could get on, maybe Cryptsy or Bittrex (shit coin and pump and dump haven) could be used as most others seem to have no serious volume or simply wouldn't take a new coin.

nxt multigateway is the most sensible way forward in such a situation.

taken from nem thread.. its the smartest and cheapest way forward.. (no trading fees bar transaction fees)

the sooner NEM can be untied to NXT, the better..

what is happening with NXT right now is another good lesson to learn from.. well first of all the lesson is don't get hacked if you're an exchange and secondly, don't perform a rollback or hardfork for an exchange. it would just blemish the reputation of your coin, ala the great Vericoin bailout of '14.

This wasn't a fault of the coin though. It was the exchange.

This is why it's important nem gets on a number of equally popular exchanges on release. One exchange monopolizing the volumes can go belly up if they make even a simple mistake.

it is possible to set up and run our own multigateway for nxt WE so that people can trade with out worry of a central point of failure. All we need is for nem to support multisig and some to set up the servers then just 3 highly trusted people from nem to host the servers. I think after recent events it would be a very good idea to give people this option straight of the bat.

Do you not have to worry about those servers getting hacked then though and someone siphoning off trades midstream? (disclaimer - I know noting)

3 people will be in control of a server each.. as long as you trust that the 3 members will not collude to steal the funds with in the servers then your coins are safe.. as far as i know, all three servers would need to be hacked simultaneously in order for someone to steal the coins.. its not entirely decentralized, but it is magnitudes safer than traditional exchanges... preferably you get people with a vested interest in the said currency/platform to be in control of the servers.

for example in nxt, its going to be james, the owner of nxthaus (new nxt exchange in the making) and cant remember  who else.. the reason these were chosen as the right people is because they all have a huge vested interested in not stealing the coins.. james has coded the damn thing and has a reputation to protect and is also heavily invested in nxt and multigateway assets and therefore has to protect the interests of the buyers of MGW asset.

the owner of nxthaus would never mess with servers as he has a vested interest in being seen as trustworthy, cos if hes not, no one will use his new exchange. the same applies for the other guy ie. high vested interest or is very trustworthy already.

you only have to trust that 2 of the 3 wont collude.. one malicious server maintainer cannot steal the funds alone.. he may be able to fek up multigateway so it stops working but funds cannot be stolen or accounts miscalculated. so even if one entity isnt trust worthy your coins are still safe..

if centralised exchanges used multigateway for their back end stuff, the odds of these hacks stealing millions would not be a concern any longer..

This is not so good idea, let's stop trading one coin through the another one coin
NODE haven't any relation with nxt
just stop promotion nxt in every big coin thread, ok ?
As well, I don't think that it is very good idea to trade NEM and of course NODE in nxt AE, cause it hurts NEM(and other coins) when nxt like ussualy has problem- OK?

Developers of any new coin should think of ways how to prevent such scenarios in the future. That's not just nxt promotion. We should consider every alternative to centralized exchanges.

[zachamo]

Question: can the current client forge? I'm guessing not, as the pace of blocks is painfully slow.

Yes the client does take a long time to load, especially initially, but even the NXT client can take forever to load up blocks / update the db (mine took hours last night), so I think folks are somewhat accustomed to it. Pretty good for a beta.. It would be nice if there was a built-in blockchain explorer (i.e. see transactions & balances of accounts) - at very least I should be able to clearly see my own history. Again, pretty solid for a beta. It's purdy too

[rabbiter]

Where I can trade NODE?

The community is aiming to trade node on bter.com!

You can vote here: https://bter.com/voting

I'm never gonna grade at bter again. They lost a lot of credibility during recent hack

https://nxtforum.org/news-and-announcements/three-solutions-proposed-by-bter-com-(200btc-deal-or-310btc-bounty-or-fork)/

https://nxtforum.org/news-and-announcements/forgers-have-been-faced-with-a-choice/

https://bitcointalk.org/index.php?topic=740147.0

And I think it wasn't the first time. It might as well have been an inside job.

Better watch out for some quality exchange, develop your own fiat gateway or try to use nxt AE multigateway.

agreed bter is just as good as dead.

I'm curious.  Poloniex was hacked in March.  Why aren't they dead and why are people still using them?  Mintpal was hacked as well wasn't it?  So out of the remaining exchanges that NODE could get on, maybe Cryptsy or Bittrex (shit coin and pump and dump haven) could be used as most others seem to have no serious volume or simply wouldn't take a new coin.

nxt multigateway is the most sensible way forward in such a situation.

taken from nem thread.. its the smartest and cheapest way forward.. (no trading fees bar transaction fees)

the sooner NEM can be untied to NXT, the better..

what is happening with NXT right now is another good lesson to learn from.. well first of all the lesson is don't get hacked if you're an exchange and secondly, don't perform a rollback or hardfork for an exchange. it would just blemish the reputation of your coin, ala the great Vericoin bailout of '14.

This wasn't a fault of the coin though. It was the exchange.

This is why it's important nem gets on a number of equally popular exchanges on release. One exchange monopolizing the volumes can go belly up if they make even a simple mistake.

it is possible to set up and run our own multigateway for nxt WE so that people can trade with out worry of a central point of failure. All we need is for nem to support multisig and some to set up the servers then just 3 highly trusted people from nem to host the servers. I think after recent events it would be a very good idea to give people this option straight of the bat.

Do you not have to worry about those servers getting hacked then though and someone siphoning off trades midstream? (disclaimer - I know noting)

3 people will be in control of a server each.. as long as you trust that the 3 members will not collude to steal the funds with in the servers then your coins are safe.. as far as i know, all three servers would need to be hacked simultaneously in order for someone to steal the coins.. its not entirely decentralized, but it is magnitudes safer than traditional exchanges... preferably you get people with a vested interest in the said currency/platform to be in control of the servers.

for example in nxt, its going to be james, the owner of nxthaus (new nxt exchange in the making) and cant remember  who else.. the reason these were chosen as the right people is because they all have a huge vested interested in not stealing the coins.. james has coded the damn thing and has a reputation to protect and is also heavily invested in nxt and multigateway assets and therefore has to protect the interests of the buyers of MGW asset.

the owner of nxthaus would never mess with servers as he has a vested interest in being seen as trustworthy, cos if hes not, no one will use his new exchange. the same applies for the other guy ie. high vested interest or is very trustworthy already.

you only have to trust that 2 of the 3 wont collude.. one malicious server maintainer cannot steal the funds alone.. he may be able to fek up multigateway so it stops working but funds cannot be stolen or accounts miscalculated. so even if one entity isnt trust worthy your coins are still safe..

if centralised exchanges used multigateway for their back end stuff, the odds of these hacks stealing millions would not be a concern any longer..

This is not so good idea, let's stop trading one coin through the another one coin
NODE haven't any relation with nxt
just stop promotion nxt in every big coin thread, ok ?
As well, I don't think that it is very good idea to trade NEM and of course NODE in nxt AE, cause it hurts NEM(and other coins) when nxt like ussualy has problem- OK?

apart from NODE being a stripped down clone of NXT and originally called NXTL you mean?

Everyone knows they just recoded NXT in another language, yawn.