Nxt - in context
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Hashrate pool goes PUBLIC

Hashrate.org Hashrate.org was the first PoS multi pool in the crypto world to begin payouts, and has historically proven as least as profitable as any other, sometimes twice as profitable. According to pf, the founder of Hashrate.org, one explanation could be that some of the most profitable coins to mine are not even listed on Coinwarz, that for example Blackcoin multipools ...
Arthur Penzl's insight:

Grab your mining gear. Earn yourself some NXT!

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NXT Newsletter #7

NXT Newsletter #7 | Nxt - in context | Scoop.it
Welcome NXTers, newcomers and long time community members. Turing complete, more secure than cold storage, nodes forging for Nxt on solar cells and Raspberry Pi. This week we also got a new forum, and a global corporate design proposal. What it all sum up to? … Nxt. This week’s topics: New forum Encrypted chat The fatal flaw Nxt global corporate ...
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Why NXT Ought to be Taken Seriously

Why NXT Ought to be Taken Seriously | Nxt - in context | Scoop.it
By Anon136 from bitcointalk.org  Satoshi’s discovery is often thought of as simply money over IP but the scope of his discovery is much wider than this – his legacy much greater. Sometimes, it is important in a network to be able to achieve consensus. Other times, it is important in a network to be able to avoid centralized points of ...
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Change the Global Economy

Change the Global Economy | Nxt - in context | Scoop.it
Despite shutdown of the illicit Internet marketplace Silk Road, the virtual currency Bitcoins shows great promise for a wide range of legitimate applications.
Arthur Penzl's insight:

The vast majority of the planet don't own a bank account. 

 

With Nxt parallel chains, any country can create their own currency and the infrastructure comes for free. Nxt is the most energy friendly solution out there, it's secure international payments with no risk of credit card fraud - and it's free. If you own a Nxt account, you have a bank account on your phone that you can interact on the global stage with.

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NXT Parallel Chains

NXT Parallel Chains | Nxt - in context | Scoop.it
What is NXT PARALLEL CHAINS Come-from-Beyond: RFC: Parallel Chains concept Only TL;DR version, coz noone would read a full one.   Master Chain Contains only checkpoints of all slave chains. Checkpointing is done once a day and only when 1440 blocks r built on top of the corresponding slave chain. Master chain is never pruned. Growth rate is [32 bytes ...
Arthur Penzl's insight:

Nxt solutions: Different currencies can be implemented as different chains. Forgers can choose what chains to secure. 

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NXT Newsletter #6

NXT Newsletter #6 | Nxt - in context | Scoop.it
Welcome NXTers, newcomers and long time community members. I got behind schedule! Missing 2 days of keeping on track with the rest of the decentralized Nxt Community is like missing THIS. This week we got Nxt mining pools, more merchants, Nxt committees up and running, our audit completed, and more to cheer and worry about as BCNext’s plan gets real. ...
Arthur Penzl's insight:

NXT is immune to signature malleability.

 

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NXT Newsletter #4

NXT Newsletter #4 | Nxt - in context | Scoop.it
Welcome NXTers, newcomers and long time community members. Nxt is now open source. And on Cryptsy. New businesses are being built. A bunch of good people up for VOTE for the Nxt Funding Committees, and a large stakeholder has offered a 3M-5M Nxt bounty. Dig in. Join the movement. This week’s topics: Full source code is released Voting Exchanges Such ...
Arthur Penzl's insight:

Any crypto can soon be securely traded in the Nxt trustless decentralized environment.

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NXT Newsletter #2

NXT Newsletter #2 | Nxt - in context | Scoop.it
Welcome NXTers, newcomers and long time community members. What a week! Results are starting to show on so many fronts. Totum maior summa partum. This week’s topics: Conferences Asset Exchange New clients + updates Reddit Nxt Charity Videos Proposals ANNOUNCEMENTS Misc. Quote of the week Words of wisdom of the week Conferences NXT was at the Berlin Conference. Salsacz: The ...
Arthur Penzl's insight:

"NXT (incl. Asset Exchange & Transparent Forging) + zerocoin functionality + atomic crosschain transactions… mind -> blown".

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Why Nxt source code was released earlier than planned

Why Nxt source code was released earlier than planned | Nxt - in context | Scoop.it
The original release date for the full Nxt source code was planned to be the 3rd of April. But a month before this, core developer Jean-Luc took the Nxt community by surprise, posting these 3 lines of text in the official Nxt BCT forum thread: Jean-Luc on March 01, 2014, 03:04:45 PM: I have made the current source code repository public: https://bitbucket.org/JeanLucPicard/nxt/ ...
Arthur Penzl's insight:

Nxt source code has been released. 

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NXT Newsletter #8

NXT Newsletter #8 | Nxt - in context | Scoop.it
Welcome NXTers, newcomers and long time community members. We tip our people, burn trolls, and turn hackers into Nxt core developers. What’s Nxt? Words This week’s newsletter will be a little different from former ones, as things are changing in Nxt and the Nxt community. The time with Nxt has been a ride for everybody, a decentralized tour de force ...
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New police surveillance techniques raise privacy concerns - PBS NewsHour

New police surveillance techniques raise privacy concerns - PBS NewsHour | Nxt - in context | Scoop.it
New police surveillance techniques raise privacy concerns
PBS NewsHour
A report from the Center for Investigative Reporting and KQED delves into a wide-scale surveillance system being developed for police forces.
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Developers Battle Over Bitcoin Block Chain

Developers Battle Over Bitcoin Block Chain | Nxt - in context | Scoop.it
Third-party service developers want bitcoin's developers to open up the blockchain.
Arthur Penzl's insight:

Nxt transparent forging and parallel chains solves this.

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Will Migrant Workers Drive Bitcoin's Mundane Future?

Will Migrant Workers Drive Bitcoin's Mundane Future? | Nxt - in context | Scoop.it
A $550 billion global market in remittances is luring startups such as Buttercoin, which aims to use Bitcoin to liquify transfers among foreign currencies
Arthur Penzl's insight:

Helping emigres handle remittances is a global market expected to total $550 billion this year, according to the World Bank.

 

"Buttercoin believes a path to relevance is to relegate Bitcoin to a behind-the-scenes role. A major appeal of the system is that users won’t necessarily know they are using Bitcoin—or even have heard of it." This sounds like BCNext's plan for Nxt.

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UBS: Banks Could 'Absorb the Benefits' of Bitcoin

UBS: Banks Could 'Absorb the Benefits' of Bitcoin | Nxt - in context | Scoop.it
In a new report, UBS indicated it sees bitcoin's technology as capable of reducing financial costs while improving security.
Arthur Penzl's insight:
Banks need to look into crypto currencies
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NXT Newsletter #5

NXT Newsletter #5 | Nxt - in context | Scoop.it
Welcome NXTers, newcomers and long time community members. This week’s topics: Nxt Committees CfB [ANN] New Bounties Conferences SUCKERS! Klee did it again Nxt AE testing Music for the masses ANNOUNCEMENTS Misc. Client updates Quote of the week Words of wisdom of the week NXT Committees rickyjames: This was a successful election. One of the reasons this election was successful ...
Arthur Penzl's insight:

"Russian government says, that those, who use crypto, is a terrorist. Nxt Brain wallet mean that you do not leave any trace on your hard disk.", abctc.

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NXT Newsletter #3

NXT Newsletter #3 | Nxt - in context | Scoop.it
Welcome NXTers, newcomers and long time community members. NXT DOGE, Nxt MMPORG. Automated crowdfunding and new nxt fiat gateways. Yesterday seems so long ago when you’re living in Nxtville. I’m going to sleep. Join the movement. This week’s topics: Hurray! Nxt Kickstarter Such DOGE testnet Nxtopia Clients Exchanges Call for Merchants! Nxt Site Integration NXT Funding Committees Conferences ANNOUNCEMENTS ...
Arthur Penzl's insight:
Nxtopia aims to be the world’s premier MMORPG sitting atop a crypto currency blockchain (Nxt).
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NXT Newsletter #1

NXT Newsletter #1 | Nxt - in context | Scoop.it
Welcome NXTers, newcomers and long time community members. How to start a newsletter when Nxt has already been on the roll for 2.5 months? This week’s topics: Upgrade! Asset Exchange Nxt Funds released BCNext’s plan (part 2) Organize, NXTers! Clients ANNOUNCEMENTS Quote of the week Words of wisdom of the week Upgrade! This week a critical bug was found in ...
Arthur Penzl's insight:

"Imagine Bitcoin 100 years from now. Nxt is a time machine that brings us to that era.", CfB.

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Denial, Outrage and Acceptance: Reactions to Satoshi Nakamoto's 'Unmasking'

Denial, Outrage and Acceptance: Reactions to Satoshi Nakamoto's 'Unmasking' | Nxt - in context | Scoop.it
Newsweek's article has sent tremors through the bitcoin community, drawing a range of reactions – from denial to outrage.

Via Network Coinage
Arthur Penzl's insight:

Who cares about the identity of SN or BCNext. Their code is out. The world will never be the same again.

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Network Coinage's curator insight, March 6, 2014 8:34 PM

Would the real Satoshi Nakamoto please stand up...