[NUD ₦ ] New Universal Dollar | Bcrypt | 0% Pre-mine | First Anonymous Crypto

[pozmu]

u are chinese,thank u and u need no explain,lol

I think he's Russian.

Hope I won't miss coins exchange.

[doldgigger]

We have premined 501 blocks and will create the appropriate transactions within a week of the new launch.

501 * 50 = 25050 NUD. Do you really need so many blocks/coins just for testing purposes?

We will not take any of the premined NUD for ourselves

How can we be sure about that?

Wouldn't it by much more comprehensible (and thereby also more trustworthy) to convert the existing blockchain to bcrypt in the proper way, rather than creating a new one and employing some hard to grasp scheme of premining and transferring transactions to the new blockchain. This will essentially circumvent the crypto which we all trust in (otherwise we wouldn't use cryptocurrencies): The transactions were signed cryptographically with amounts decided by the users. Now if you break the scheme to create an 1:10 exchange, you have no way other than going completely without the crypto, thereby forcing all users to trust your benevolence as a monopolist. Discriminating cryptocurrency users do not need to trust a monopolist. They could just as well decide to take the source, fill in other seed nodes and use the other features on a "Community-NUD" blockchain, deciding themselves about a better way to switch to bcrypt if they want, and leaving you with your "Dictator-NUD" blockchain and your pre-mine.

The source is out there, if you want to hardfork your own crypto you can.

I have already warned people previously that this is an experimental crypto and no need to go crazy buying/selling it at such an early stage. I am trying to satisfy the highest % of people with my decisions however I understand that it might upset some. The network was never meant to accept scrypt blocks which are really easy to mine, one could hoard tens of thousands of NUD with a simple scrypt miner.

I have promised people an even distribution with bcrypt and this is what I intend to deliver, 1/10 of the coins is the appropriate reward for the early adopters that exploited the bug (not necessarily purposely), I think that the masses would agree with my decision, otherwise the masses can fork the client and gain more support. If anyone wants a refund sign me a message with your public key and I will issue it.

Have a great day!

There are two kinds of people innovating on software. Those that warn you that their software is experimental, and later on work together with their user community in order to solve everything in the best interest of the community. And those who lean back on the "well, it was experimental, so don't complain if I made a huge profit due to your greenness". The Bitcoin guys belong to the former kind. Bitcoin was always advertised as experimental, but it still grew because the developers were responsible. It also had bugs. The latest larger one was the transaction malleability bug. But they did not say: "Well, we'll launch a new blockchain with a huge pre-mine, and if you want to be redeemed just write us a message." They fixed it on the existing blockchain. Which leaves us with the question why the NUD team refuses to work with the community. What I'm reading here reminds me of the MtGox story, where they suddenly stopped to process withdrawals and asked for users to identify themselves. Now we should probably grateful if you don't require us to send in passport copies in order to get some fraction of the mined coins on your new blockchain...

Can you explain what you're up to? If it was really an accident that you launched using scrypt, then this altcoin could still be an example for altcoin pioneering efforts if the blockchain will later prove that this altcoin managed to do a stable change in the hashing algorithm. It may even serve the goal of easing Bitcoin users' concerns about a change in the hashing algorithm possibly being necessary in the future, because they can see it can work out well. But what you explained sounds more like an altcoin where people will later look at the "first" 500 blocks in the blockchain and see a big red "ScamCoin" flag.

[reflector]

We have premined 501 blocks and will create the appropriate transactions within a week of the new launch.

501 * 50 = 25050 NUD. Do you really need so many blocks/coins just for testing purposes?

We will not take any of the premined NUD for ourselves

How can we be sure about that?

Wouldn't it by much more comprehensible (and thereby also more trustworthy) to convert the existing blockchain to bcrypt in the proper way, rather than creating a new one and employing some hard to grasp scheme of premining and transferring transactions to the new blockchain. This will essentially circumvent the crypto which we all trust in (otherwise we wouldn't use cryptocurrencies): The transactions were signed cryptographically with amounts decided by the users. Now if you break the scheme to create an 1:10 exchange, you have no way other than going completely without the crypto, thereby forcing all users to trust your benevolence as a monopolist. Discriminating cryptocurrency users do not need to trust a monopolist. They could just as well decide to take the source, fill in other seed nodes and use the other features on a "Community-NUD" blockchain, deciding themselves about a better way to switch to bcrypt if they want, and leaving you with your "Dictator-NUD" blockchain and your pre-mine.

The source is out there, if you want to hardfork your own crypto you can.

I have already warned people previously that this is an experimental crypto and no need to go crazy buying/selling it at such an early stage. I am trying to satisfy the highest % of people with my decisions however I understand that it might upset some. The network was never meant to accept scrypt blocks which are really easy to mine, one could hoard tens of thousands of NUD with a simple scrypt miner.

I have promised people an even distribution with bcrypt and this is what I intend to deliver, 1/10 of the coins is the appropriate reward for the early adopters that exploited the bug (not necessarily purposely), I think that the masses would agree with my decision, otherwise the masses can fork the client and gain more support. If anyone wants a refund sign me a message with your public key and I will issue it.

Have a great day!

There are two kinds of people innovating on software. Those that warn you that their software is experimental, and later on work together with their user community in order to solve everything in the best interest of the community. And those who lean back on the "well, it was experimental, so don't complain if I made a huge profit due to your greenness". The Bitcoin guys belong to the former kind. Bitcoin was always advertised as experimental, but it still grew because the developers were responsible. It also had bugs. The latest larger one was the transaction malleability bug. But they did not say: "Well, we'll launch a new blockchain with a huge pre-mine, and if you want to be redeemed just write us a message." They fixed it on the existing blockchain. Which leaves us with the question why the NUD team refuses to work with the community. What I'm reading here reminds me of the MtGox story, where they suddenly stopped to process withdrawals and asked for users to identify themselves. Now we should probably grateful if you don't require us to send in passport copies in order to get some fraction of the mined coins on your new blockchain...

Can you explain what you're up to? If it was really an accident that you launched using scrypt, then this altcoin could still be an example for altcoin pioneering efforts if the blockchain will later prove that this altcoin managed to do a stable change in the hashing algorithm. It may even serve the goal of easing Bitcoin users' concerns about a change in the hashing algorithm possibly being necessary in the future, because they can see it can work out well. But what you explained sounds more like an altcoin where people will later look at the "first" 500 blocks in the blockchain and see a big red "ScamCoin" flag.

Take it easy man.  There are no blueprints for this stuff.

[NUD]

There are two kinds of people innovating on software. Those that warn you that their software is experimental, and later on work together with their user community in order to solve everything in the best interest of the community. And those who lean back on the "well, it was experimental, so don't complain if I made a huge profit due to your greenness". The Bitcoin guys belong to the former kind. Bitcoin was always advertised as experimental, but it still grew because the developers were responsible. It also had bugs. The latest larger one was the transaction malleability bug. But they did not say: "Well, we'll launch a new blockchain with a huge pre-mine, and if you want to be redeemed just write us a message." They fixed it on the existing blockchain. Which leaves us with the question why the NUD team refuses to work with the community. What I'm reading here reminds me of the MtGox story, where they suddenly stopped to process withdrawals and asked for users to identify themselves. Now we should probably grateful if you don't require us to send in passport copies in order to get some fraction of the mined coins on your new blockchain...

Can you explain what you're up to? If it was really an accident that you launched using scrypt, then this altcoin could still be an example for altcoin pioneering efforts if the blockchain will later prove that this altcoin managed to do a stable change in the hashing algorithm. It may even serve the goal of easing Bitcoin users' concerns about a change in the hashing algorithm possibly being necessary in the future, because they can see it can work out well. But what you explained sounds more like an altcoin where people will later look at the "first" 500 blocks in the blockchain and see a big red "ScamCoin" flag.

Okay first of all let me clear it up, if you want a refund (e.g. for a donation, either in NUD or Bitcoin) you would sign me a message with your public key. I wouldn't dare to coerce the network into those kinds of actions for the users to acquire their own virtual goods or else the network would fall into tyranny.

Second of all, I have already said that I will not keep a single fraction of the NUD from the premine to myself (except the 1/10 of the donations that I got up to the block 5000 as everyone else), this can easily be verifiable since I will post the old chain on the downloads page myself, anyone could calculate and verify that this chain is as fair as the last one, I assure you that we aren't here to play tricks or to try to scam someone.

If you indeed believe that we have acquired some sort of gain from switching to another altchain please enlighten me as to how it was done.

[lexusivan888]

i have some confuses abt the swap:

1. count in the mined coins to 5025 in the old blockchain,, right ? so after 5025, some scrypt mined coins which is not confirmed due to
   the hard fork will not be counted in?

2. when will be new QT released ?

3. how to swap the old coins into new... what is private key ? sorry, lack of knowledge..

[NUD]

i have some confuses abt the swap:

1. count in the mined coins to 5025 in the old blockchain,, right ? so after 5025, some scrypt mined coins which is not confirmed due to
   the hard fork will not be counted in?

2. when will be new QT released ?

3. how to swap the old coins into new... what is private key ? sorry, lack of knowledge..

1. Not exactly, everything up to block 5000 including it will be reimbrushed in the new blockchain at a ratio of ten to one but the transaction on the new chain will be created within a week, so within a week you will have 1/10 of what you previously had.

2. Just released.

3. The blockchain changes, the private keys remain the same in your wallet.dat, you would need to delete your blocks and chainstate folders for the new blockchain to set in.

NUD 0.0.0.3 HAS JUST BEEN RELEASED! DOWNLOAD AND MINE EVERYONE!

[lexusivan888]

i have some confuses abt the swap:

1. count in the mined coins to 5025 in the old blockchain,, right ? so after 5025, some scrypt mined coins which is not confirmed due to
   the hard fork will not be counted in?

2. when will be new QT released ?

3. how to swap the old coins into new... what is private key ? sorry, lack of knowledge..

1. Not exactly, everything up to block 5000 including it will be reimbrushed in the new blockchain at a ratio of ten to one but the transaction on the new chain will be created within a week, so within a week you will have 1/10 of what you previously had.

2. Just released.

3. The blockchain changes, the private keys remain the same in your wallet.dat, you would need to delete your blocks and chainstate folders for the new blockchain to set in.

NUD 0.0.0.3 HAS JUST BEEN RELEASED! DOWNLOAD AND MINE EVERYONE!

so, if i download the new QT, and delete the old chain file before i open the new QT,, then, after i open the new QT, the coins will swap automatically at the ratio of 1-10,,, right ?

[tmbp]

WTB 100K NUD = 1BTC

[NUD]

so, if i download the new QT, and delete the old chain file before i open the new QT,, then, after i open the new QT, the coins will swap automatically at the ratio of 1-10,,, right ?

No! You will temporarily have 0 coins, we will resend you 10% of yours coins within a week, you just got to hold your private keys.

[lexusivan888]

so, if i download the new QT, and delete the old chain file before i open the new QT,, then, after i open the new QT, the coins will swap automatically at the ratio of 1-10,,, right ?

No! You will temporarily have 0 coins, we will resend you 10% of yours coins within a week, you just got to hold your private keys.

where is my private key ? how to get it ?
sorry, poor knowledge.

[koriander]

Looks like there is a bug with synchronization.

https://i.imgur.com/0DU3sSP.png

[DakotaFred]

2014-06-16 23:44:25 connect() failed after select(): No route to host
2014-06-16 23:44:25 trying connection 93.131.157.43:7333 lastseen=2.0hrs
2014-06-16 23:44:25 connect() failed after select(): No route to host
2014-06-16 23:44:26 trying connection 107.170.172.247:7333 lastseen=3.3hrs
2014-06-16 23:44:31 connection timeout
2014-06-16 23:44:31 trying connection 93.131.157.43:7333 lastseen=2.0hrs
2014-06-16 23:44:31 connect() failed after select(): No route to host
2014-06-16 23:44:32 trying connection 93.131.157.43:7333 lastseen=2.0hrs
2014-06-16 23:44:32 connect() failed after select(): No route to host
2014-06-16 23:44:33 trying connection 164.127.31.70:7333 lastseen=5.3hrs
2014-06-16 23:44:38 connection timeout
2014-06-16 23:44:38 trying connection 107.170.172.247:7333 lastseen=3.3hrs
2014-06-16 23:44:43 connection timeout
2014-06-16 23:44:44 trying connection 107.170.172.247:7333 lastseen=3.3hrs

[NUD]

Looks like there is a bug with synchronization.

Luckily it's just a visual bug caused by the premined blocks. We hope that as additional blocks will be created this will fix itself otherwise we will change the algo that calculates the estimates to account for difficulty.

so, if i download the new QT, and delete the old chain file before i open the new QT,, then, after i open the new QT, the coins will swap automatically at the ratio of 1-10,,, right ?

No! You will temporarily have 0 coins, we will resend you 10% of yours coins within a week, you just got to hold your private keys.

where is my private key ? how to get it ?
sorry, poor knowledge.

All your private keys are in Users\YOUR_USERNAME\AppData\Roaming\NUD\wallet.dat as long as you don't delete this file your coins should appear within a week.

2014-06-16 23:44:25 connect() failed after select(): No route to host
2014-06-16 23:44:25 trying connection 93.131.157.43:7333 lastseen=2.0hrs
2014-06-16 23:44:25 connect() failed after select(): No route to host
2014-06-16 23:44:26 trying connection 107.170.172.247:7333 lastseen=3.3hrs
2014-06-16 23:44:31 connection timeout
2014-06-16 23:44:31 trying connection 93.131.157.43:7333 lastseen=2.0hrs
2014-06-16 23:44:31 connect() failed after select(): No route to host
2014-06-16 23:44:32 trying connection 93.131.157.43:7333 lastseen=2.0hrs
2014-06-16 23:44:32 connect() failed after select(): No route to host
2014-06-16 23:44:33 trying connection 164.127.31.70:7333 lastseen=5.3hrs
2014-06-16 23:44:38 connection timeout
2014-06-16 23:44:38 trying connection 107.170.172.247:7333 lastseen=3.3hrs
2014-06-16 23:44:43 connection timeout
2014-06-16 23:44:44 trying connection 107.170.172.247:7333 lastseen=3.3hrs

This is caused by a stale peers.dat and is to be expected.

[pozmu]

If I do geetpeerinfo I get nodes running:

Code:

"subver" : "/Satoshi:0.0.0.1/",

Is that OK?

[NUD]

If I do geetpeerinfo I get nodes running:

Code:

"subver" : "/Satoshi:0.0.0.1/",

Is that OK?

People didn't have time to update to 0.0.0.3, I don't see how it would be bad since they will be banned for violating the protocol by your node.

[DakotaFred]

I have a windows box which had the original version of the wallet and I removed all files except the old wallet.dat and nud.conf from %appdata%\nud directory.  I then downloaded the latest wallet, let it 'sync' and I am still seeing my old coin amount in the wallet.  Is this expected behavior ?  Thanks man !

[NUD]

I have a windows box which had the original version of the wallet and I removed all files except the old wallet.dat and nud.conf from %appdata%\nud directory.  I then downloaded the latest wallet, let it 'sync' and I am still seeing my old coin amount in the wallet.  Is this expected behavior ?  Thanks man !

Launch nud-qt with -rescan, your old coin amount is no longer in your wallet. Just wallet showing stale data.

{
"blocks" : 606,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"hashespersec" : 55,
"networkhashps" : 1718,
"pooledtx" : 0,
"testnet" : false
}

[kikeda]

ahw network hash just grew 10fold. hehe. someone probably finished setting it up on cloud. by the way am i on the right chain?



{
"blocks" : 623,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"hashespersec" : 3646,
"networkhashps" : 16448,
"pooledtx" : 0,
"testnet" : false
}

[green2016]

The wallet is out of sync again, so poor wallet.

[NUD]

It would be nice if multiple people would post their 0.0.0.1/0.0.0.2 blockchain to show that our chains are identical.