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    Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761747 times)

    • zhangdu
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    December 25, 2013, 01:43:48 PM
     #7641
    Quote from: starik69 on December 25, 2013, 01:22:35 PM
    1739068987193023818 is the genesis block

    so 4747512364439223888 is 1 of 72, then he should say something, tell us how he could generate the blocks continously.
    ReserveShare - 100% Free and Fair. New source code. Proof Of Reserve

  • S3MKi
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    December 25, 2013, 01:44:30 PM
     #7642
          24240      666666817378784428      25 Cнeжaнь 2013 16:38:27   
          
          0      0 + 0      0 B   
          
          1      7106966408204304785      869 %

  • BloodyRookie
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    December 25, 2013, 01:45:00 PM
     #7643
    In the "Active peers" panel, the icons vanish after some time. I can't kick nodes then. Any advice how I can recover the icons?
    Nothing Else Matters
    NEM: NALICE-LGU3IV-Y4DPJK-HYLSSV-YFFWYS-5QPLYE-ZDJJ
    NXT: 11095639652683007953

  • Come-from-Beyond
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    December 25, 2013, 01:45:28 PM
     #7644
    Quote from: abctc on December 25, 2013, 01:41:11 PM
    Quote from: Come-from-Beyond on December 25, 2013, 01:39:12 PM
    24238      4747512364439223888      25.12.2013 16:37:09   
    0      0 + 0      0 B   
    1      6695270637730030159      9266 %
    me too.

    but something wrong.  I see 641 unconfirmed tx, but   0 + 0  !!

    U node sees incorrect blockchain which is longer.

  • Come-from-Beyond
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    December 25, 2013, 01:47:30 PM
     #7645
    Quote from: zhangdu on December 25, 2013, 01:43:48 PM
    Quote from: starik69 on December 25, 2013, 01:22:35 PM
    1739068987193023818 is the genesis block

    so 4747512364439223888 is 1 of 72, then he should say something, tell us how he could generate the blocks continously.

    He owns 5% and actively forges while other major stakeholders don't. Nothing special.

  • BitThink
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    December 25, 2013, 01:47:49 PM
     #7646
    Quote from: smaragda on December 25, 2013, 01:31:08 PM
    Quote from: BitThink on December 25, 2013, 01:25:48 PM
    Nxt seems more and more popular these days. I'm a little bit worrying about the short address length now. It's seems there are only 2^64 addresses, much less than 2^160 of bitcoin. According to http://preshing.com/20110504/hash-collision-probabilities/,  if there're more than 1M addresses, there's more than 0.01% probability to have a collision. What happens if someone have the same address as me? Does it mean both of us can control the nxt in this address?


    Do you mean that the probability refers to same addresses being reassigned even though the users will have used different passphrases?  

    Yes, it seems you are the only one who get what I mean. Maybe I did not express clear enough. Since there're less than 2^64 nxt addresses, if there're mor e than 1M people generate addresses, assume they are all using the different secret phrases, there's still 0.01% percent for two people to have the same nxt address.

    I haven't found the answer in the wiki, and I have no idea that this issue has been already discussed millions of times.

  • BitThink
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    December 25, 2013, 01:52:23 PM
     #7647
    Quote from: BitThink on December 25, 2013, 01:47:49 PM
    Quote from: smaragda on December 25, 2013, 01:31:08 PM
    Quote from: BitThink on December 25, 2013, 01:25:48 PM
    Nxt seems more and more popular these days. I'm a little bit worrying about the short address length now. It's seems there are only 2^64 addresses, much less than 2^160 of bitcoin. According to http://preshing.com/20110504/hash-collision-probabilities/,  if there're more than 1M addresses, there's more than 0.01% probability to have a collision. What happens if someone have the same address as me? Does it mean both of us can control the nxt in this address?


    Do you mean that the probability refers to same addresses being reassigned even though the users will have used different passphrases?  

    Yes, it seems you are the only one who get what I mean. Maybe I did not express clear enough. Since there're less than 2^64 nxt addresses, if there're mor e than 1M people generate addresses, assume they are all using the different secret phrases, there's still 0.01% percent for two people to have the same nxt address.

    I haven't found the answer in the wiki, and I have no idea that this issue has been already discussed millions of times.

    Ok, I found one place states that nxt supports 10^77 addresses, but what I have already seen are all very short addresses (around 20 digits). Does it mean 'secret phrase' -> 'account' is not a determined function, but a function depends on the current account count. I mean if this function finds that there're already a lot of accounts, it will try to generate a longer account?

  • zhangdu
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    December 25, 2013, 01:53:29 PM
     #7648
    Quote from: Come-from-Beyond on December 25, 2013, 01:47:30 PM
    Quote from: zhangdu on December 25, 2013, 01:43:48 PM
    Quote from: starik69 on December 25, 2013, 01:22:35 PM
    1739068987193023818 is the genesis block

    so 4747512364439223888 is 1 of 72, then he should say something, tell us how he could generate the blocks continously.

    He owns 5% and actively forges while other major stakeholders don't. Nothing special.

    ok, accepted. but i still can't generate block. I go to bed now. merry xmas！
    ReserveShare - 100% Free and Fair. New source code. Proof Of Reserve

  • S3MKi
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    December 25, 2013, 01:53:48 PM
     #7649
       24241      482115092852324318      25 Cнeжaнь 2013 16:52:50   
          
          45      14'121 + 45      5'799 B   
          
          1      6779105664811178698      1737 %

  • Come-from-Beyond
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    December 25, 2013, 01:53:53 PM
     #7650
    Quote from: BitThink on December 25, 2013, 01:52:23 PM
    I mean if this function finds that there're already a lot of accounts, it will try to generate a longer account?

    No.

  • chinabreak123
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    December 25, 2013, 01:54:26 PM
     #7651
    hey,CFB,just my voice,i think this ddos attack don't come from a hacker,maby come from the othercoin developer team.
    just maby,i wish i'm wrong.
    great job,i like nxt!
    eXocoin [EXO]-gen 2.0- dev. from scratch! Give-Away | Open Beta

  • BitThink
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    December 25, 2013, 01:56:28 PM
     #7652
    Quote from: Come-from-Beyond on December 25, 2013, 01:53:53 PM
    Quote from: BitThink on December 25, 2013, 01:52:23 PM
    I mean if this function finds that there're already a lot of accounts, it will try to generate a longer account?

    No.

    Then I don't understand why the current addresses are all around 20 digits long, but the address space is 10^77.

  • gginer
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    December 25, 2013, 01:56:42 PM
    Last edit: December 25, 2013, 05:27:42 PM by gginer
     #7653
    -
    Energycoin - Save Energy, Pure POS (Free IPO).  eP14cFcoFzszt3CiiBMyir8kjKLFRqMqJ5

  • Come-from-Beyond
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    December 25, 2013, 01:57:17 PM
     #7654
    Quote from: BitThink on December 25, 2013, 01:56:28 PM
    Quote from: Come-from-Beyond on December 25, 2013, 01:53:53 PM
    Quote from: BitThink on December 25, 2013, 01:52:23 PM
    I mean if this function finds that there're already a lot of accounts, it will try to generate a longer account?

    No.

    Then I don't understand why the current addresses are all around 20 digits long, but the address space is 10^77.

    https://www.google.com/?gws_rd=cr&q=nxt+coin+security

  • abctc
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    December 25, 2013, 01:57:33 PM
     #7655
    Quote from: S3MKi on December 25, 2013, 01:53:48 PM
       24241      482115092852324318      25 Cнeжaнь 2013 16:52:50   
          
          45      14'121 + 45      5'799 B   
          
          1      6779105664811178698      1737 %
    - didn't you see Unconfirmed transactions [640] ?
    ██████████████████████████████████████████████████
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    , the Next platform.  Magis quam Moneta (More than a Coin)

  • starik69
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    December 25, 2013, 01:59:11 PM
     #7656
    I see 24241 and Unconfirmed transactions [640]

  • Come-from-Beyond
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    December 25, 2013, 02:01:15 PM
     #7657
    @ Guy who asked about lost aliases:

    Check if u got them back, plz

  • abctc
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    December 25, 2013, 02:01:43 PM
     #7658
    Quote from: starik69 on December 25, 2013, 01:59:11 PM
    I see 24241 and Unconfirmed transactions [640]
    - so it is very strange, that 24240 contains 0 + 0 .  Something bad with forging algo.
    ██████████████████████████████████████████████████
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    ████████████████████████████████████████████████████████████████████
    		   
    , the Next platform.  Magis quam Moneta (More than a Coin)

  • OKNXT
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    December 25, 2013, 02:04:23 PM
     #7659
    What's the difference between BTS and Nxt, with POS, no mining and AngelShares?

    https://bitsharestalk.org/index.php?topic=1562.msg17528#msg17528
    Quote
    Nxt will have the following features:
    - Decentralized Asset Exchange Colored Coins (Starting after block 30000)
         This allows gateways to issue other currencies (fiat or crypto) on the Nxt network.
    - Decentralized Marketplace Auction
    - Decentralized Mixing Service
    - Encrypted Messaging Chat
    - Decentralized DNS Alias System (Starting at block 22000)
    - Transparent Mining (Partially starting at block 25000)
    - DDoS Protection - Project Kharon
    - Voting


    Messaging Chat -> Keyhotee
    Decentralized Marketplace Auction -> DomainShares ?
    Decentralized DNS Alias System (Starting at block 22000) -> Keyhotee ID DomainShares?
    Decentralized Mixing Service -> Keyhotee Wallet ?
    Decentralized Asset Exchange Colored Coins (Starting after block 30000)  -> NOT BitAssets
    Voting -> VoteShares?

    Looks like Nxt plans to build a copycat ecosystem using initial funding of just 21 BTC....

    All of that said they are missing many key ingredients (Dividends, BitAssets, Scalability, etc).  

    Lets see where things stand in 1 month

    Who's the copycat? I think we need to have some sound on this problem. As I know, Bitshare was firstly proposed to be mined by hardware, and then around Nov 26th they changed their idea to let bitshare be PoS mining when they found released Nxt 100% PoS on 24th Nov.
    NTXCoin - 20%Free+75%IPO My Address: 9829879008912284294

  • Kmonk
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    December 25, 2013, 02:04:41 PM
     #7660
    Running 0.4.7e IP: 24.51.73.207
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