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Author Topic: Price speculation  (Read 4205851 times)

LocoMB

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Re: Price speculation
« Reply #25580 on: November 11, 2015, 06:51:36 am »

 
 I'm not invested in any of his assets
 
 If he dumps all his investors' NXT, it'll be absorbed and NXT will go on. 

Supernet would die though and everyone who invested in it would be out their money.

Good for you. You have voiced your completely irrelevant opinion.

Repeating yourself will only make you look ever worse, so better don't.
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90E54E5B5213290EE616D425CADC473038CFABFA53C913271AA8559D1937DC4AF3A354A9E4E5

barbierir

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Re: Price speculation
« Reply #25581 on: November 11, 2015, 07:21:02 am »

 
 I'm not invested in any of his assets
 
 If he dumps all his investors' NXT, it'll be absorbed and NXT will go on. 

Supernet would die though and everyone who invested in it would be out their money.

Good for you. You have voiced your completely irrelevant opinion.

Repeating yourself will only make you look ever worse, so better don't.

he now sounds a notch less credible than the guy in his avatar
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yassin54

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Re: Price speculation
« Reply #25582 on: November 11, 2015, 09:10:55 am »

thanks for summarizing. I am also still having connection issues so have problems getting logged in. I did need to raise some funds due to unexpected costs, but that has been taken care of.

And for those who say that I should just fix my code, well let me explain that it is not that I am unwilling to. It is simply that I am not skilled enough to. If you think it is easy to write cutting edge crypto software (it isnt), then try to do it when anything and everything you do can be changed. So without a time machine, it is not possible.

If you know anybody that can, let me know, I will hire him.

So the alternative is for me to create an independent virtualization directly on top of the blockchain and low level network, but I cannot find the documentation to do this, nor do I have any free time to do it. I did exactly this with bitcoin/btcd in the last couple days, so I am busy creating the mass market solutions. Maybe I will have time to create a stable virtualization layer for NXT someday, but this seems like a lot of extra work, especially since that is what the API is for.

Thanks to chanc3r who is identifying specific issues that will need to be addressed to make sure MGW keeps working. With his efforts, this appears to be in a good state.

Due to the somewhat hostile environment here, I find it counterproductive to actively follow the forum, it feels a lot like BTT sometimes. I am trying to help NXT as best as I can, but at this point my hands are tied. I am sorry that I am not technically good enough to solve this, so I will concentrate on solving the things that I can.

Like a scalable and easy to use blockchain solution in a chrome app

James
Thanks Jl777 for update  ;)
Your are Welcome  8)
Crypto United!  ;D

yassin54

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Re: Price speculation
« Reply #25583 on: November 11, 2015, 09:14:36 am »

^ +1

Going back in time:

This will be a great addition to NXT's AE.  I'm looking forward to testing this out.  Thanks James and keep up the good work.

Quote
Quote from: jl777 on May 28, 2014, 09:35:05 pm

NXTorrent is progressing, now actually getting bug reports and poofknuckle is doing good with the GUI
Got NXTservices tested on mac, win7 32/64 bit and also win8
So while it seems NXTorrent has been neglected, a lot of the NXTservices improvements directly apply.
Once we can get ~100 realistic type of listings, then I can finish the search function.
So really what I need is more testers. I really cant complete NXTorrent if there isnt feedback from testing

James

Quote from 2Kool4Skewl
Quote
Thanks for the update.

I'm anxiously awaiting the MGWs.

You're doing a great job.
https://nxtforum.org/general-discussion/nxt-pub-thread-2500-pages-on-nxtforum-org-or-bust/msg30942/

With nxt, there was no way to stop me :)

GO JAMES, GO! :D

etc. etc.

@2Kool, I remember you've mentioned knowing James from Ripple once before. But back then your story was, that we should trust him. What's going on?
;D ;D ;D Thanks for update  ;D ;D ;D
I love you as well @2Kool4Skewl
and the whole community surrounding the Nxt & SuperNet
« Last Edit: November 11, 2015, 09:16:48 am by yassin54 »
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yassin54

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Re: Price speculation
« Reply #25584 on: November 11, 2015, 10:08:36 am »



Sorry i am not expert photoshop!!  ;D ;D

Unity
« Last Edit: November 11, 2015, 10:59:06 am by yassin54 »
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durerus

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Re: Price speculation
« Reply #25585 on: November 11, 2015, 10:54:25 am »

Humans make mistakes, like not communicating the necessity of a change in the api, like calling sellorders up to 5k a dump or like putting up sell orders as a means of communication. Let's forgive each other and move on united. Peace.
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sepehr

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Re: Price speculation
« Reply #25586 on: November 11, 2015, 11:03:22 am »

It seems that withdraw from chinese exchange Huobi is prohibited!
People are nervous and the price of huobi is fall below bitstamp while it was $50 above bitstamp several days before! :o
Still don't know what's the exact news!

Guys just because I have mentioned it here, My problem with Huobi withdrawal was a technical issue and going to solve and not a public issue!
A deposit of less than 0.1 BTC calculated twice and the blocked my account! ;D ???
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rubenbc

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Re: Price speculation
« Reply #25587 on: November 11, 2015, 11:03:58 am »



Sorry i am not expert photoshop!!  ;D ;D

Unity

Humans make mistakes, like not communicating the necessity of a change in the api, like calling sellorders up to 5k a dump or like putting up sell orders as a means of communication. Let's forgive each other and move on united. Peace.

totally agree!
please, we are rational people and we look for the same! working together....this is an EPIC WIN!

MrCluster87

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Re: Price speculation
« Reply #25588 on: November 11, 2015, 11:04:46 am »

Microsoft wants to make Bitcoin easier for banks: http://www.engadget.com/2015/11/11/microsoft-bitcoin-currency-banks/

So, does this wiki need to be updated to 1.6.2 ?

https://wiki.nxtcrypto.org/wiki/The_Nxt_API
« Last Edit: November 11, 2015, 11:13:53 am by MrCluster87 »
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abctc

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Re: Price speculation
« Reply #25589 on: November 11, 2015, 01:05:18 pm »

Can someone please explain to me what is the rational for the Nxt api not supporting a versioning system such as '/api/v2/getaccount'? ....
- has already been explained:

... in a real world, APIs do need to change. Yes, I have heard the suggestion about versioned APIs, but we don't have the development resources to maintain such versioning, and it would be an overkill for a change like the include parameter defaults. Even if we did have versioned APIs, for how many versions back would you expect that they should be maintained? If for two versions, this is the same as what you get by allowing both 1.5 and 1.6 to coexist on the network until the next hard fork, if you need the old version stay with 1.5. ...
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_mr_e

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Re: Price speculation
« Reply #25590 on: November 11, 2015, 02:02:34 pm »

Can someone please explain to me what is the rational for the Nxt api not supporting a versioning system such as '/api/v2/getaccount'? ....
- has already been explained:

... in a real world, APIs do need to change. Yes, I have heard the suggestion about versioned APIs, but we don't have the development resources to maintain such versioning, and it would be an overkill for a change like the include parameter defaults. Even if we did have versioned APIs, for how many versions back would you expect that they should be maintained? If for two versions, this is the same as what you get by allowing both 1.5 and 1.6 to coexist on the network until the next hard fork, if you need the old version stay with 1.5. ...
The problem here is that lite clients cannot just "stay on 1.5". They need to be programmed for a specific api version, request from the server if that api version is supported, and then be able to make the call with consistent results. Lite clients are extremely important to the future of Nxt.

Also, SN was supposed to give 10% of rev to core devs, which appears to have gone very unappreciated, and should have been able to help with the resource problem. Instead they bite the hand that feeds them. Very sad to hear we don't have enough resources for basic software practices...
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wesley

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Re: Price speculation
« Reply #25591 on: November 11, 2015, 03:00:48 pm »

I still don't know how any app can trust data fed from lite clients?
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Damelon

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Re: Price speculation
« Reply #25592 on: November 11, 2015, 03:01:13 pm »

Can someone please explain to me what is the rational for the Nxt api not supporting a versioning system such as '/api/v2/getaccount'? ....
- has already been explained:

... in a real world, APIs do need to change. Yes, I have heard the suggestion about versioned APIs, but we don't have the development resources to maintain such versioning, and it would be an overkill for a change like the include parameter defaults. Even if we did have versioned APIs, for how many versions back would you expect that they should be maintained? If for two versions, this is the same as what you get by allowing both 1.5 and 1.6 to coexist on the network until the next hard fork, if you need the old version stay with 1.5. ...
The problem here is that lite clients cannot just "stay on 1.5". They need to be programmed for a specific api version, request from the server if that api version is supported, and then be able to make the call with consistent results. Lite clients are extremely important to the future of Nxt.

Also, SN was supposed to give 10% of rev to core devs, which appears to have gone very unappreciated, and should have been able to help with the resource problem. Instead they bite the hand that feeds them. Very sad to hear we don't have enough resources for basic software practices...

You know, the sad part here is that we have two sets of devs who act like this because they believe the path they take is best.

I see no lack of appreciation, because "appreciation" should not mean "do it how we want it". This is a general statement, and not meant to be taken as criticism of SN, because SN has also supported me and Dave and we dó appreciate it.

Furthermore, good business practices are indeed needed and I have so far seen no evidence that this is being denied.

However, if the resources to do something are not there, is there any blame attached? I've been in a situation as a sales person often enough that I am not able to fill a demand because my supplier doesn't have a product in stock. A customer may get angry over that, yet it's not my doing. It's often not even my suppliers, because some products are seasonal, so if they want a summer product in winter, I just can't give it.

The problem also is not easily solved by "add more devs" because you need quality coders, too. Otherwise you either end up with a crap base to work with or you need to check all the work, further reducing resources.

I see no evidence on either side of this issue that shows malice. The fact that so many people are framing the "opposite side" as malignant is saddening and also somewhat angering me.
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verymuchso

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Re: Price speculation
« Reply #25593 on: November 11, 2015, 03:20:12 pm »

I still don't know how any app can trust data fed from lite clients?

You mean how can a lite client trust data from a remote server.
Answer is you can't (in many ways).

We've tried a scheme like that but concluded the only reliable way to offer both uptime and trusted data is if we own and operate the remote servers.
If people don't like that they can start a server from within the client.
But for most purposes that is not needed.
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wesley

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Re: Price speculation
« Reply #25594 on: November 11, 2015, 03:25:24 pm »

Yes, I presume supernet does a similar thing with using only trusted (jay) nodes? Making supernet partially centralized? Am I missing something? (No disrespect, just trying to find out how it works).

(And if it is indeed semi-centralized, isn't it easy to choose the NRS version)?
« Last Edit: November 11, 2015, 03:29:13 pm by wesley »
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Cassius

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Re: Price speculation
« Reply #25595 on: November 11, 2015, 03:30:25 pm »

Yes, I presume supernet does a similar thing with using only trusted (jay) nodes? Making supernet partially centralized? Am I missing something? (No disrespect, just trying to find out how it works).

(And if it is indeed semi-centralized, isn't it easy to choose the NRS version)?

My layman's understanding is that it polls several nodes and checks for consensus, polling more if it doesn't get it. Jones would explain better.
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wesley

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Re: Price speculation
« Reply #25596 on: November 11, 2015, 03:35:05 pm »

Ah yes, I read it here:

Quote
All nodes on the nodelist (NXT) are public nodes with cores enabled and hallmarked (around 20 good ones). Each API request is sent to three randomly-selected servers in parallel. If the three servers are in complete agreement on the data, then it is deemed usable.

If there is any discrepancy, another round is called, and two more randomly selected servers go into the mix. With now 5 servers polled, if the second round are in agreement and side with any of the first round’s data, that data is selected. Otherwise it starts breaking down the data and finds consensus if it can.

Is that really safe though?
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Cassius

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Re: Price speculation
« Reply #25597 on: November 11, 2015, 03:41:00 pm »

Ah yes, I read it here:

Quote
All nodes on the nodelist (NXT) are public nodes with cores enabled and hallmarked (around 20 good ones). Each API request is sent to three randomly-selected servers in parallel. If the three servers are in complete agreement on the data, then it is deemed usable.

If there is any discrepancy, another round is called, and two more randomly selected servers go into the mix. With now 5 servers polled, if the second round are in agreement and side with any of the first round’s data, that data is selected. Otherwise it starts breaking down the data and finds consensus if it can.

Is that really safe though?


Again as a layman, I don't know but I assume its significantly safer than a fully centralised approach. Perhaps there's a comparison with the MGW here? I guess it would be vulnerable to a large-scale sybil attack, but then, so are lots of other crypto networks.
« Last Edit: November 11, 2015, 03:50:49 pm by Cassius »
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nexern

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Re: Price speculation
« Reply #25598 on: November 11, 2015, 03:45:33 pm »

Ah yes, I read it here:

Quote
All nodes on the nodelist (NXT) are public nodes with cores enabled and hallmarked (around 20 good ones). Each API request is sent to three randomly-selected servers in parallel. If the three servers are in complete agreement on the data, then it is deemed usable.

If there is any discrepancy, another round is called, and two more randomly selected servers go into the mix. With now 5 servers polled, if the second round are in agreement and side with any of the first round’s data, that data is selected. Otherwise it starts breaking down the data and finds consensus if it can.

Is that really safe though?

looks safer than polling your own node for me.

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verymuchso

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Re: Price speculation
« Reply #25599 on: November 11, 2015, 03:58:36 pm »

Quote
polling your own node
..   :D
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