Call me State-The-Obvious-Stan if you want but.... I just want to check


You would need 50,000NXT in your Nxt account for this to go through, right?



But I suppose they could look in your Nxt account, see you have 1500Nxt and say "hey, I'll buy 1500NAS for 0.01 BTC", right?

did you take a ride with the ambien walrus?

Right

You can't create new nxt, it has to be in the withdrawal account.

That's not funny opticalcarrier   and no I did not as a matter of fact. Now I am starting to question whether we are in a simulation.
and What is up with all the Asset Transfers? And I couldn't send testNXT last night or this morning from a newly created account, getting the "Unknown Account" error.

Because there is no brainwallet, so all addresses are different.

Btw, any advancment on the wallet system?

That's what I thought. Though collisions are always possible

What do you mean by input?

So I was brainstorming the decentralized sports betting idea with my friend yesterday, and I've got some new ideas. Can smarter people than me give me some feedback? These ideas might be really dumb, because I'm not a programmer and I don't fully understand how everything works.

1) A parallel blockchain that contains the history of scores generated by a crawler that pulls data from ESPN, Yahoo Sports, Google, etc and crosschecks the data against the sources. Users of the betting service must somehow reference the correct score history when placing bids for a new bet. After a certain number of confirmations (ie when the future bettors come to a consensus on the correct score history), the old bets are paid out.

2) A parallel blockchain that contains the history of scores generated by a crawler that pulls data from ESPN, Yahoo Sports, Google, etc and crosschecks the data against the sources. Users of the betting service must submit corrections to the blockchain, to be verified by "miners" which are rewarded for the verification (somehow, to be determined). If you submit a false claim for correction, you get penalized in a big way.

These two ideas are trying to decentralize the score reporting portion, so that payouts can be automated without trusting a 3rd party to correctly report the scores.

if these sporting bet can be done in a 100% decentralized manner, that would be so huge for Nxt!