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Topic: NXT :: descendant of Bitcoin - Updated Information (Read 2761748 times)

ChuckOne

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:33:13 AM

#29941

Quote from: pandaisftw on February 06, 2014, 12:21:45 AM

Quote from: ChuckOne on February 06, 2014, 12:14:44 AM

Quote from: pandaisftw on February 06, 2014, 12:11:20 AM

In addition, it seems that you are going for the more "fair" system, but by setting a minimum NXT holding limit, aren't you excluding all those who have less than this amount? So small stakeholders are being disenfranchised even more so than the 1 NXT = 1 vote system.

Do you mean with 1 NXT:
1) 1 NXT in balance
or
2) 1 NXT fee

Either way. People with larger stakes will care more about what they vote on whether or not they have to pay for it.

I would say it is better to be based on 1 NXT = 1 vote (without pay), otherwise it will discourage voting. We want a large as possible agreement, so that means we want as much NXT in the system voting as possible.

Do you really think, it would discourage voting? Large stakeholders can't afford to pay high fees, just because.

Another argument should be counted in: large stakeholders do a lot to secure the system. So, why jeopardizing it via 'appearing unfair' voting? In a system where only the balance counts they have to create smaller accounts just to vote fairly (assuming they want because of the stakeholder-argument). When they can determine the voting power directly (via fees), I dont see a problem with that.

Paying fees has the side-effect that more NXTs are distributed. That's basically a good thing, I think.

Meizirkki

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:34:16 AM

#29942

Quote from: martismartis on February 06, 2014, 12:27:20 AM

Very strange behavior of 0.5.12. Recent blocks stopped before 59000. Had to delete .nxt and download everything from scratch both om public node and private node.

Interesting which critical error was before 0.5.12

This happened to me as well. Tho I hadn't ran the 0.5.11 for a few days so right after downloading the new release I got into a wrong chain or something. That "fork" had blocks in order not consistent with time. One was made 01.43 the next one 01.42 ...

ChuckOne

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☕ NXT-4BTE-8Y4K-CDS2-6TB82

Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:35:27 AM

#29943

Quote from: Meizirkki on February 06, 2014, 12:34:16 AM

Quote from: martismartis on February 06, 2014, 12:27:20 AM

Interesting, still running fine. Same situation. Down for some days. Immediately upgrading to 12, but runs like a charm.

rriky92

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:36:35 AM

#29944

Quote from: martismartis on February 06, 2014, 12:27:20 AM

mine too but only for a few minutes

martismartis

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:37:04 AM

#29945

Quote from: ChuckOne on February 06, 2014, 12:35:27 AM

Quote from: Meizirkki on February 06, 2014, 12:34:16 AM

Quote from: martismartis on February 06, 2014, 12:27:20 AM

Interesting, still running fine. Same situation. Down for some days. Immediately upgrading to 12, but runs like a charm.

Using .nxt files from previous version?

ChuckOne

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☕ NXT-4BTE-8Y4K-CDS2-6TB82

Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:37:42 AM

#29946

Quote from: EvilDave on February 06, 2014, 12:29:35 AM

@ChuckOne and Panda:
One of the good things about having the voting site is that we can play around with various voting parameters until we come up with a system (or systems) that upset the least number of people for the shortest time.

That's right. However, I think parameters are evil. They simply shouldn't exist. If they do, the system is playable.

Quote

It's never going to be perfect, because everyone is slightly different, and yet everyone thinks that their own viewpoint is the right one.....democracy, eh, what ya gonna do?

Clearly monarchy.

iruu

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:38:49 AM

#29947

Quote from: ChuckOne on February 06, 2014, 12:25:47 AM

It's not that would not be possible, theoretically, on the paper.
But, somebody has to implement it. The less, the better. The less, the less bugs, the less security issues, the less maintenance effort etc.
We discussed that issues at lengths some days ago.

Let high-level libraries handle the complex stuff.

The reverse is true: one valid implementation vs new, unchecked ad-hoc implementation on top of new architecture... not to mention speed: cryptographic operations are probably going to be order of magnitude slower. What a great advantage for users!
There are hundreds of cryptography libraries already, no need to implement anything, just use them.

Quote

Maybe, but it's a reasonable one. It simplifies a lot. See above.

So instead of "+cost[opcode]" it's "+1". That's not a lot.

Quote

A low-level. So, each thing, you can build upon the very basis should be done on top of it. Not besides it: layered architecture.

This I don't understand.

You can 'simplify' and use a One instruction set computer. It's not going to be very usable, but that's your direction.

Things should be useful first, then fast. Nobody cares if low level implementation is "simple" or whatever. The simple fact that you can't deny is that an architecture with many opcodes is drastically faster, equivalent programs are drastically smaller and it's much easier to write in it.

Bitfinex referral code for 10% fee discount IiDoeUOa3i

ChuckOne

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:38:54 AM

#29948

Quote from: martismartis on February 06, 2014, 12:37:04 AM

Quote from: ChuckOne on February 06, 2014, 12:35:27 AM

Quote from: Meizirkki on February 06, 2014, 12:34:16 AM

Quote from: martismartis on February 06, 2014, 12:27:20 AM

Interesting, still running fine. Same situation. Down for some days. Immediately upgrading to 12, but runs like a charm.

Using .nxt files from previous version?

Every single bit of them.

^[GS]^

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:39:09 AM

#29949

Quote from: martismartis on February 06, 2014, 12:27:20 AM

Something similar happened to me!
but even deleting .NXT files does not read any new!

EDIT: is needed an API function or something to force the server when it stuck in a block.

EDIT2: in localhost not read blocks or transactions, stays at 1 too

EDIT3: Now working... updating... >_<

ChuckOne

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:43:02 AM

#29950

Quote from: iruu on February 06, 2014, 12:38:49 AM

Things should be useful first, then fast. Nobody cares if low level implementation is "simple" or whatever. The simple fact that you can't deny is that an architecture with many opcodes is drastically faster, equivalent programs are drastically smaller and it's much easier to write in it.

EvilDave

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:43:31 AM

#29951

Quote from: ChuckOne on February 06, 2014, 12:37:42 AM

Quote from: EvilDave on February 06, 2014, 12:29:35 AM

That's right. However, I think parameters are evil. They simply shouldn't exist. If they do, the system is playable.

Quote

It's never going to be perfect, because everyone is slightly different, and yet everyone thinks that their own viewpoint is the right one.....democracy, eh, what ya gonna do?

Clearly monarchy.

Davearchy: The universe run by Daves. Sounds good to me.

Still having trouble getting my home 5.12 nodes to sync up cleanly. VPS seesm to be on the good path, luckily.

Nulli Dei, nulli Reges, solum NXT
Love your money: www.nxt.org www.ardorplatform.org
www.nxter.org www.nxtfoundation.org

xyzzyx

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I don't really come from outer space.

Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:44:09 AM

#29952

Quote from: msin on February 06, 2014, 12:33:01 AM

Quote from: Passion_ltc on February 05, 2014, 11:15:39 PM

I will use the money for ther/Nxt marketing campaign. If the community show me a better way I will implement this. Wink

I think the Nxt should go to you for building the site and maintaining, it's an awesome addition to the community.

"An awful lot of code is being written ... in languages that aren't very good by people who don't know what they're doing." -- Barbara Liskov

pandaisftw

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:44:14 AM

#29953

Quote from: ChuckOne on February 06, 2014, 12:33:13 AM

Quote from: pandaisftw on February 06, 2014, 12:21:45 AM

Quote from: ChuckOne on February 06, 2014, 12:14:44 AM

Quote from: pandaisftw on February 06, 2014, 12:11:20 AM

Do you mean with 1 NXT:
1) 1 NXT in balance
or
2) 1 NXT fee

The only issue I see with having to pay a fee is that people who care most (ie. they vote the most) will find that they have less and less voting power over time. Their NXT may flow to hoarders who never vote at all. Without a fee system (simply 1 NXT = 1 vote) then everyone is encouraged to vote as much as possible, on every topic. Of course, no one (especially large stakeholders) would vote for something that would harm their own stake, so there is already an incentive to vote for the overall good of NXT built in.

NXT: 13095091276527367030

iruu

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:45:44 AM

#29954

Quote from: ChuckOne on February 06, 2014, 12:43:02 AM

Quote from: iruu on February 06, 2014, 12:38:49 AM

You are using the clause order as an argument? Really? Since when the first thing to mention is the most important one? And why does it matter?

Bitfinex referral code for 10% fee discount IiDoeUOa3i

^[GS]^

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 12:59:27 AM

#29955

peer bug?

Quote

"213.57.82.19",
"node17.nxtbase.com",
"212.67.73.173",
"93.190.92.75",
"abctc.vps.nxtcrypto.org",
"node18.nxtbase.com",
"212.85.38.25",
"186.90.251.60",
"85.10.202.109",
"14.20.5.93",
"195.3.205.202",
"50.30.46.177;209.126.96.136;209.126.96.137;209.126.96.138", <<<
"109.75.223.181",
"vps1.nxtcrypto.org",
"46.19.137.116",
"88.193.113.190",
"176.31.244.93",
"80.86.83.79",
"69.90.132.18",
"95.85.31.25",

Inadmin.html => Get Peers

Jean-Luc

Sr. Member

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 01:21:11 AM

#29956

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 0.6.0

http://download.nxtcrypto.org/nxt-client-0.6.0.zip

sha256: 40154756de464c9587b738c84f14a4a06dfb02476507f1a2383cbe03dc5bd48b

Change log:

Fixed a critical bug. Everybody should upgrade immediately.
The fix in 0.5.12 was not enough.

A more detailed changelog will follow tomorrow, or you can
figure it out yourself. Now I go to sleep.

Did I mention that everyone should upgrade?

-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.12 (GNU/Linux)

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RAFdrLDMqtm7dB4DkVFtoGQsClpNob1HLEzsFK5QQUkhkLUsYOD9hifYhHCJm6LO
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D5Z0S13JiMJWXGv6BAFDeOewvCLk6TuPGpusFJb03dKPoZftfwoLe+o0MDBa53Bx
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LoXcTlfN0L1nHXR4beMbQclEifVXjQS32D9XaX1EEEzN/zcOYQrJIQYFuNBjv1w3
mIsleduDVJGCbMlgjrpytEKROuwYynVUXWkAC93c2ueOQEWgU4AKwuYmWBMpzbdB
RBUaXpFVAfYi4dHRwSwHRGeY1bzSV99msbjAnfPWuiltQrcK5Ma8MbTZrv7K/43I
Rjv7YpIIFN4P3Qroxr4+1bCA6MwS/DaQpFygQx5kqMhiL56/8Rm9NggaICRu/CDP
h6G09XYrhhwfVaABlzAhWEijc3wcXWcwP44QWSH/7k7jt0su5MHXKeosmp4OTUkE
B3XuAWOvEWwse4bsbl71
=z84D
-----END PGP SIGNATURE-----

lead Nxt developer, gpg key id: 0x811D6940E1E4240C
Nxt blockchain platform | Ardor blockchain platform | Ignis ICO

^[GS]^

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 01:45:23 AM

#29957

interesting day with many updates!

NXTio.org 0.6.0 updated! operating properly

bidji29

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 01:46:49 AM

#29958

0.6.0 released

Fixed a critical bug. Everybody should upgrade immediately.

Quote from: Jean-Luc on February 06, 2014, 01:21:11 AM

http://www.freebieservers.com/ 100% FREE GAME SERVERS

allwelder

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 01:51:51 AM

#29959

Quote from: TwinWinNerD on January 31, 2014, 05:23:41 AM

Quote from: Anon136 on January 31, 2014, 05:11:20 AM

Quote from: jl777 on January 31, 2014, 05:10:21 AM

Quote from: Anon136 on January 31, 2014, 05:05:02 AM

this has to be a record amount of time between comments in this thread

I thought it must have been broken!
If it weren't for my blabber, it would have been over 90 minutes between posts.

wonder why its so quiet. it isnt some sort of holiday or something is it.

chinese new year!

Chinese new year is over now.I miss all of you.

. ██████████. .████████████████. .██████████████████████. -█████████████████████████████ .██████████████████████████████████. -█████████████████████████████████████████ -███████████████████████████████████████████████ .-█████████████████████████████████████████████████████. .████████████████████████████████████████████████████████████ .██████████████████████████████████████████████████████████████. .██████████████████████████████████████████████████████████████. ..████████████████████████████████████████████████████████████.. . .██████████████████████████████████████████████████████. . .████████████████████████████████████████████████. . .██████████████████████████████████████████████ . ██████████████████████████████████████████████████████ .█████████████████████████████████████████████████████████████. .███████████████████████████████████████████████████████████ .█████████████████████████████████████████████████████ .████████████████████████████████████████████████ ████████████████████████████████████████ ██████████████████████████████████ ██████████████████████████ ████████████████████ ████████████████ █████████ .CryptoTalk.org. | .MAKE POSTS AND EARN BTC!. 🏆

EvilDave

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Re: NXT :: descendant of Bitcoin - Updated Information

February 06, 2014, 02:02:41 AM

#29960

J-L: I hate u......<engaging upgrade process for the second time today>

@Allwelder.....nice 2 c u, bro. Good NewYear?

Block check, please:
59119      2584657662098653454      donderdag 6 februari 2014 2:59:13

      0      0 + 0      0 B

      2      11409980915768770703      1406 %

Nulli Dei, nulli Reges, solum NXT
Love your money: www.nxt.org www.ardorplatform.org
www.nxter.org www.nxtfoundation.org

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