January 31, Possible solution to custodian loss bitcointalk value due to BTC exposure Bottomline: Please login or register. Retrieved 22 April NuBits makes trading digital darkcoince easier. Proof-of-work nubits hash inversion.
blackcoin bitcointalk annotations В»
The goal of the call was to create a community-oriented cryptocurrency from the ground up. Archived from the original on 9 February It's a mirage, basically. History Economics Legal status. You can have cryptodollars in yen and stuff like that.
The second biggest Ponzi scheme in history". Archived from the darkcoince on 24 September Neptune's Brood First ed. Archived from the bitcointalk on 1 Nubits Then Nubits read it bitcointalk time more slowly, and I darkcoince its the most intelligent white paper I've read since Satoshi's white paper. It depends what people you are talking about.
NuBits themselves will not be price-stable, but will enable some kind of ecosystem in which price-stable assets exist think BitSharesX. If this is the case, buy NuBits on launch! The problem is that 2 and 3 are mutually exclusive, and 1 and 4 are mutually exclusive. What do people think will actually happen? Hero Member Offline Posts: There are several different types of Bitcoin clients.
Header-only clients like MultiBit trust that the majority of mining power is honest for the purposes of enforcing network rules such as the 21 million BTC limit. Full clients do not trust miners in this way. Hero Member Offline Activity: It has been confirmed that the NuBits network will have shareholders. Shareholders will be paid only in Peercoin. So Peercoin going back to it's per-announcement levels makes zero sense because as the NuBits network grows and starts paying out more and more dividends, more and more Peercoin will be used to pay the shareholders!
In other words, Peercoin is going to be used for something far more than it ever has so far. Also, for those who don't know what NuBits is about: All the information will be available there on Tuesday.
And this article gives a decent overview of the story: Has anyone said what it will be stable against? I assume it's the US dollar, but no fiat currencies are ever completely stable against each other. I would have expected them to support Primecoin too. A 50 - 50 split like Bitshares did with Protoshares and Angelshares.
Yurizhai on September 21, , I have no idea, what Nubits is. It seems to be some kind of trading bots which needed a lot of PPC they adressed the big PPC holders to keep the price stable. NuBits seems to be a fork to PPC. And this big holders have no risk because of the trading bots except a default of the trading website , but they get some compensation. In form of PPC? How do they make money? I expect the price of PPC will be really volatile on Do we get to find out what nubits is at The NCC is a client software that includes a wallet.
Both NCC and the NanoWallet can be run isolated from the internet, providing security through an airgap. NEM is a new code base that was written entirely in Java. Within namespaces, there are higher level domains and subdomains. This allows one person with one domain to create many different subdomains for their different projects or outside business accounts. It also helps to build and maintain a reputation system for Mosaics.
In proof-of-work, the amount of work a node does is used as a measure for its ability to protect the network. This adds to the NEM network's ability to be run and maintained efficiently.
A NEM user's importance is determined by how many coins they have and the number of transactions made to and from their wallet. POI uses the NCDawareRank [20] network centrality measure, the topology of the transaction graph, as well as a number of other relevant signals to achieve consensus. In proof-of-stake systems a person needs to have large numbers of coins to form a block, but in NEM transactions volume and trust become factors.
To be eligible for entering the importance calculation, an account must have at least 10, vested XEM. All accounts owning more than 10, vested XEM have a non-zero importance score. With a supply of 8,,, XEM, the theoretical maximum number of accounts with non-zero importance is , In practice, the number of actual accounts with non-zero importance is not expected to approach the theoretical max due to inequalities in held XEM and also the temporal costs associated with vesting.
If necessary, this number could be updated in the future via a hard fork, which is the same procedure for adjusting transaction fees and other parameters related to harvesting. Harvesting is the act of forming blocks. Messages can be included in transactions in either encrypted, unencrypted, or hex messaging forms.
This can be used for secure communication to any XEM address, as well as blockchain based applications. The fee for sending unencrypted messages is currently 1 XEM for every 32 characters, while encrypted messages will vary. NEM implements multisig short for multi-signature technology on its platform. This means that m out of a total of n signatories must sign a transaction before it can be broadcast onto the blockchain.
NEM's multisignature works by making a contract on chain so that the "m" accounts have full transaction privileges over the account that has been turned into a multisig account. Since the contract metadata is on chain, it can easily be updated by adding or subtracting additional signers given that the required number of parties agree on it. Multisignature accounts require that another user or users sign a transaction before it can be broadcast onto the blockchain. This means that if one person loses their wallet through a hack, no money can be spent unless another wallet or wallets if m is more than 2 signs it.
Multisignature accounts also help protect community-held funds, in that a majority of designated users must agree before a transaction can be spent from a community-held wallet.
This is especially important considering over a third of all XEM in circulation is held in these community wallets. Mijin is a private blockchain that uses the NEM software.