YarkoL
Legendary
Offline
Activity: 996
Merit: 1013
|
|
July 10, 2014, 06:10:47 PM Last edit: July 10, 2014, 06:33:59 PM by YarkoL |
|
Here's an attempt for ELI5. Well maybe more like ELI12.
NUD works on two fronts. First you need to have a Tor address. (You need to install Tor yourself and turn your wallet into a hidden service)
Others on the network will not then see your IP address, instead they see you something like lcqnp3bufy2hoosd.onion.
When your address is relayed through Tor network, it's pretty good anonymity, meaning that it is pretty hard for anybody figure out who is behind the .onion address.
This in itself is not very remarkable (some other coins have it too), but NUD adds another layer of anonymity in the form of transactions by delegate.
A delegate is someone who uses a part of his total balance to service other users for a fee. So when you want to send NUD anonymously, your wallet contacts a delegate wallet that has enough NUD to fund your transaction. Then the delegate transfers his coins to recipient, and afterwards you send an equal amount (plus delegate fee) to the delegate.
The end result is that there is no record in the blockchain that links you to the recipient. What is recorded are the payments from the delegate to the recipient and from you to the delegate, but for an outsider it is hard to say who is the sender and who is the delegate, especially when there are many transactions of this kind.
The wonderful thing is that all this happens kind of automatically. The sender just pushes a button and goes to sleep. The delegate can be asleep all the time. The wallet takes care of the processing. And if something goes wrong (like computer crashing when they're asleep), the sender or the delegate can reclaim their NUD. That works because the transactions have an inbuilt escrow mechanism.
This is the gist of it. In practice however there are still a few hurdles and wrinkles, that will no doubt be levelled out as NUD matures.
|
“God does not play dice"
|
|
|
daxiake
|
|
July 10, 2014, 07:42:04 PM Last edit: July 10, 2014, 07:57:09 PM by daxiake |
|
need to tell darkcoin, who is the first anonymous
need a big exchange,as soon as possible.
need more donation to dev team.
|
|
|
|
zexnus
Newbie
Offline
Activity: 30
Merit: 0
|
|
July 10, 2014, 10:19:28 PM |
|
|
|
|
|
reflector
|
|
July 11, 2014, 05:29:39 AM |
|
Has anybody attempted to build an external miner?
|
|
|
|
AliceWonder
|
|
July 11, 2014, 05:45:10 AM |
|
I didn't give any exchange permission to add NUD, that is why I ignore all the PMs from exchanges willing to add support to NUD.
Of course I am not the dictator of the network, exchanges may still add NUD without my permission, just don't be surprised when inconveniences occur.
Unfortunately we are bound to have many updates within the first weeks. I don't think that it's wise to add support for NUD so early for most exchanges.
Bingo - adding something no new and experimental is done for one reason, so people can try to "get rich quick" off of the swings it will initially go through. It's short term greed, not what is best long term for the coin. I am not personally interested in this coin but that is because it doesn't address any of my concerns (I don't care about by IP being known nor how it is mined, I don't mine) but what the dev said in that post - yeah, he's right on. Fascinating thread to read, btw.
|
|
|
|
kikeda
Sr. Member
Offline
Activity: 364
Merit: 250
Super Smash Bros. Ultimate Available Now!
|
|
July 11, 2014, 08:05:39 AM |
|
Has anybody attempted to build an external miner?
{ "blocks" : 15197, "currentblocksize" : 1500, "currentblocktx" : 1, "difficulty" : 0.03567443, "errors" : "", "generate" : true, "genproclimit" : -1, "hashespersec" : 3518, "networkhashps" : 1251047, "pooledtx" : 1, "testnet" : false } Yayks
|
|
|
|
qunity3d
Member
Offline
Activity: 100
Merit: 10
|
|
July 11, 2014, 08:53:12 AM |
|
There are likely to find a unit for one day on AMD FX4300 or FX6300?
|
|
|
|
flowerpots
|
|
July 11, 2014, 02:36:21 PM |
|
Here's an attempt for ELI5. Well maybe more like ELI12.
NUD works on two fronts. First you need to have a Tor address. (You need to install Tor yourself and turn your wallet into a hidden service)
Others on the network will not then see your IP address, instead they see you something like lcqnp3bufy2hoosd.onion.
When your address is relayed through Tor network, it's pretty good anonymity, meaning that it is pretty hard for anybody figure out who is behind the .onion address.
This in itself is not very remarkable (some other coins have it too), but NUD adds another layer of anonymity in the form of transactions by delegate.
A delegate is someone who uses a part of his total balance to service other users for a fee. So when you want to send NUD anonymously, your wallet contacts a delegate wallet that has enough NUD to fund your transaction. Then the delegate transfers his coins to recipient, and afterwards you send an equal amount (plus delegate fee) to the delegate.
The end result is that there is no record in the blockchain that links you to the recipient. What is recorded are the payments from the delegate to the recipient and from you to the delegate, but for an outsider it is hard to say who is the sender and who is the delegate, especially when there are many transactions of this kind.
The wonderful thing is that all this happens kind of automatically. The sender just pushes a button and goes to sleep. The delegate can be asleep all the time. The wallet takes care of the processing. And if something goes wrong (like computer crashing when they're asleep), the sender or the delegate can reclaim their NUD. That works because the transactions have an inbuilt escrow mechanism.
This is the gist of it. In practice however there are still a few hurdles and wrinkles, that will no doubt be levelled out as NUD matures.
+1 Thanks for your explanation.
|
|
|
|
reflector
|
|
July 11, 2014, 04:14:45 PM |
|
Does this work on Ubuntu 14.04?
I have been trying with the binaries as well as compiling the sources, but I have had no success so far.
Yes, it does. What errors are you getting?
|
|
|
|
reflector
|
|
July 11, 2014, 05:33:23 PM |
|
Does this work on Ubuntu 14.04?
I have been trying with the binaries as well as compiling the sources, but I have had no success so far.
Yes, it does. What errors are you getting? Problems with libboost when trying to execute the binaries. Then, unable to compile the sources: $ qmake-qt4 ../bitcoin-qt.pro Project MESSAGE: Building with UPNP support Removed plural forms as the target language has less forms. If this sounds wrong, possibly the target language is not set or recognized. Removed plural forms as the target language has less forms. If this sounds wrong, possibly the target language is not set or recognized. Removed plural forms as the target language has less forms. If this sounds wrong, possibly the target language is not set or recognized. Removed plural forms as the target language has less forms. If this sounds wrong, possibly the target language is not set or recognized.
try compiling with: sudo apt-get install build-essential libboost-all-dev libcurl4-openssl-dev libdb5.1-dev libdb5.1++-dev mysql-server cd /src/leveldb/ sh build_detect_platform build_config.mk ./ cd /src make -f makefile.unix USE_UPNP=-
Edit: You may have troubles if you have the wrong version of boost installed. I've had to purge the version I had and reinstall. Boost can be a pain in the ass.
|
|
|
|
YarkoL
Legendary
Offline
Activity: 996
Merit: 1013
|
|
July 11, 2014, 06:47:10 PM |
|
make builds the headless client, but looks like jap1968 wants to build the wallet with qt. I recommend getting Qt Creator and building it from there with "USE_UPNP=-" build step added(include the quote marks)
|
“God does not play dice"
|
|
|
green2016
Member
Offline
Activity: 70
Merit: 10
|
|
July 12, 2014, 02:21:06 PM |
|
We need bittrex, mine tools and pool,The coin is difficult to be popularized.
|
|
|
|
doldgigger
|
|
July 12, 2014, 03:10:10 PM |
|
For the more discriminating NUD users, this git repository of the NUD source releases might prove useful: https://github.com/nudnud/nud-unofficial. The official site does not contain a source code archive, so it is hard to evaluate what is contained in the different updates provided. Also, the git repository might facilitate community-based improvements upon the codebase.
|
|
|
|
Fatov
|
|
July 12, 2014, 04:37:17 PM |
|
For the more discriminating NUD users, this git repository of the NUD source releases might prove useful: https://github.com/nudnud/nud-unofficial. The official site does not contain a source code archive, so it is hard to evaluate what is contained in the different updates provided. Also, the git repository might facilitate community-based improvements upon the codebase. thanks
|
Fatov was here▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬For private, fast and secure transactions DASH is King | Dashtalk
|
|
|
mana6
|
|
July 12, 2014, 04:51:10 PM |
|
the coin logo is aidsen?
|
|
|
|
Fatov
|
|
July 12, 2014, 05:36:11 PM |
|
|
Fatov was here▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬For private, fast and secure transactions DASH is King | Dashtalk
|
|
|
daxiake
|
|
July 12, 2014, 06:04:27 PM |
|
cherish the day you could buy cheap nud..
|
|
|
|
reflector
|
|
July 12, 2014, 06:19:15 PM |
|
cherish the day you could buy cheap nud.. Yep, no matter how many I mine, I know I'm gonna regret not getting more.
|
|
|
|
daxiake
|
|
July 12, 2014, 06:25:47 PM |
|
cherish the day you could buy cheap nud.. Yep, no matter how many I mine, I know I'm gonna regret not getting more. could anybody dump some nud to me on cex? the top buy order is mine for the moment...
|
|
|
|
reflector
|
|
July 12, 2014, 10:22:21 PM |
|
cherish the day you could buy cheap nud.. Yep, no matter how many I mine, I know I'm gonna regret not getting more. could anybody dump some nud to me on cex? the top buy order is mine for the moment... Put it up to 9 and I'll take a lil' poop on you
|
|
|
|
|