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Latest Stable Nxt Client: Nxt 1.12.2

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Topics - saladin89

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Nxt General Discussion / ardors link to nxt
« on: July 27, 2016, 01:10:34 pm »
How is the Nxt token linked to the main chain of ardor? is there such a link? Is ardor in any way dependent on the nxt blockchain?

hey guys what do you think about steemit? it is a really interesting platform, it resembles reddit. I posted about nxt 2.0 there check it out! :)


also you can earn a lot of money there, I have earned 400 dollars on one post :D



He has some interesting criticism of the increase block size proposal. I don't really know whether to be pro or against increasing block size after reading this. Can anyone comment on this? this has implications for nxts future that is why i posted it here.
edit:Doesn't seem like the fork will happen:

Pub crawl / URBIT
« on: November 08, 2014, 03:21:54 pm »
Hey, anyone here heard of urbit? looks really interesting, but I don't fully understand it, more info:

Pub crawl / the secret world
« on: November 02, 2014, 03:41:21 pm »

There is an offer for the secret world mmo hlalf the price right now with no subscription fee. I was wondering if any fellow nxters want to try it out with me? I have some free time the next 2 months. I think it is the best mmo out there at the moment, these games are way more fun when playing with someone.

Assets Board / which assets are definitely not scams?
« on: October 21, 2014, 03:54:31 pm »
with all the scams lately, look at funbot, I was wondering which assets are the least likely to be scams in some way in the short run and long run? And why are these assets safe? I understand it is risky to invest money in an asset because the business idea was not good. The problem is that people can just run away with the money, I want to avoid that some way. There has to be some punishment for wrongdoing, or some deterrence. Maybe the smartest thing is to invest in only non-anonymous assets, so that we know the persons name and so on? If this continues the only way I can see this being hindered is that people start upp assets which have a service of finding guys who have scammed people with their assets. Reporting them to authorities or maybe even doing more criminal stuff like beating the money out of them. If this is supposed to be fully decentralized then I expect criminal elements, maybe even a form of decentralized punishment whatever that is. Long cons will probably also be prevalent, assets which have existed for years.

I don't condone any violence, but I don't see how this can be avoided in a decentralized system. Anyway that is just my 2 cents, looking forward to replies.

This is an international system, so I don't really understand how people will be punished if this is reported to authorities, which laws will apply with investors from all over the world?

I am Norwegian, so sorry if the English is no good.

Nxt General Discussion / interesting article
« on: August 17, 2014, 01:58:42 am »
interesting article here, might be some new ideas for you guys, what do you think?:
search for blog jim bitcoin failure to find article
Bitcoin failure
For bitcoin to work politically, authority over the currency needs to be distributed over a large group of peers. If power is concentrated at a single point, the state can dominate that point, whoever controls that point can steal other people’s currency and do a variety of bad things.

Bitcoin was designed so that “voting” depended on computing power and network connection. Initially, almost everyone who had a client was a miner, there were a huge number of miners, everyone who used bitcoin had roughly equal influence because they contributed roughly equal computing power to the block chain.

Today, bitcoin is controlled by by a single miner., which was a predictable consequence of bitcoin’s scaling problems.

What we need is a crypto currency which is controlled by the top one hundred or so owners of the currency that are well connected to the net and have adequate computing power, with influence over the currency proportional to the amount of currency that they own, rather than the number of cycles that they burn.

In principle it should be possible to do this using bilinear maps, but the details are a bit tricky, because we have to make sure that manageable number of votes reflects an infinitely divisible currency whose ownership changes continually. So the shares (private and public keys in groups with a bilinear map) have to be reissued frequently, while ownership of the infinitely divisible currency is given value by the fact that if you own a lot of it, you get shares proportional to the amount you own. Since shareholders are people who own a lot of currency, they have an incentive to not misbehave, to continue to reissue shares according to currency ownership and validate transactions according to the rules, since to do otherwise would destroy the value of the currency that they own.

The number of shares remains manageably small, however many people use the currency and however many transactions take place. The shares underlie the value of the currency – and absolutely nothing underlies the value of the shares. Of course we still have other scaling problems, to which I have not figured out a solution except in alarmingly vague outline.

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