I am following the thread closely, discussing investments with my partners. I will not invest into the project further myself, I have a family to care for and would rather put that money to other use, which is reasonable given the fact that I have already gave thousands of dollars and plenty of my free time which comes at a high price these days.

Unless at least 4 BTC is raised via donations (highly unlikely) or one of the partners changes his mind this will be a long ride.

No, I am still working on it.

I have paid bittrex the moment he asked for it you silly little FUDsters.

No. We had to pay bittrex 35k NUD to cover the expenses of the last hardfork for them, this is exactly why we got ourselves the NUD. Doubt we could round up 35k at demand instantly.


The logic is still peer to peer and not centralized as you seem to suggest, it's like the bitcoin blockchain which is available via torrent.


In any case the new website is up! It's still an early version but that's what we have going on for now.

Fractional reserves are still likely to be a problem for cryptocurrencies in the same manner that it is a problem for monopoly money. The difference is that it is much easier to prove you are solvent. People should get into the habit of checking their financial institutions independently.

Greedy idiots and pump & dumpers deserve each other perfectly, there is plenty of both.

Major western players are FUDing about the legality status of Bitcoin halfway across the world in hopes of lowering the price and grabbing some cheap BTC from the clueless sheep.

How is funding a huge Bitcoin pump in any way urgent? Introducing speculative, non-dedicated users to the network increases volatility and makes it less usable as an actual monetary system.

Anonymous is a strong term, we have yet to see one cryptocurrency achieve that instead of boasting about "anonymity".

Simply integrating mixing or wiring the transactions via Tor/L2P isn't enough, integrating mixing and claiming anonymity makes about as much sense as lowering the block speed and claiming to be the "fastest altcoin" or "the altcoin with the fastest transactions". It implies that there is some original innovation when there is none.

I might not be on here 24/7 looking into every single altcoin but as far as I know we are the only candidate that got it so far, however we are pretty early into development ourselves.

The new master is now available. Please update everyone.

A hardfork will happen within 24 hours.

Don't forget to update the clients.

Our credibility barely survived through the last blockchain restart, we are not to subject everyone to inflation or else our monetary system would fall apart before it ever got a chance to start up.

We want to work in the same kind of professional environment most banks work in, without convicted pedophiles in the foundation, without endorsing scams/scammers for a couple of bucks and without waiting for months for the simplest features to get implemented by a team of volunteers that can be bought more easily than a hooker from down the street. You can probably tell that we aren't businessmen and aren't working to primarily establish a profit or make a couple of bucks, we already do that from our real jobs.

If we follow the same path our monetary system will be indistinguishable from the existing monetary systems by the time we reach their size. It will begin with confiscating NUD from someone most of the community sees as a bad person, by the time we would reach Visa proportions NUD will be confiscated left and right by tyrants without any evidence in the same manner. Since the network will be centralized development wise for at least a while all the poorly paid developers would have to comply to (or at least collaborate with) the state, the multinational corporations and the banks which is clearly contrary to all our interests.

Business plans are non-existent in this context since this is not a business, the failure is mainly due to the assumption that most would be wise enough to look out for their best interests which was clearly an unreasonable assumption on my part.

I understand that starting a new chain and meddling with the balances can be frustrating for the users and it is not in my intention to do it ever again as it goes against the whole premise of cryptocurrencies, but given the situation damage control was needed and the logical choice to go with the least damaging path was chosen. Everyone had the freedom to chose between the new chain and the old chain so the proof is that the old chain is non-existent. As far as I know there is but 1 hardfork ahead of us for the new blockchain, other than that no one will be required to update, we will release the update on the network in a proper manner.

It was implied that a lot of scamming took place in the early days of the coin, my point was that the scrypt miners would be "scammers" before I would be a "scammer" since I have no coins in the old chain. Guess I should convey my points more clearly in the future.

https://github.com/nud2007/NUD-Official

We will clean up the OP soon.

You're right, better buy Polycoins, they are obviously very innovative and not a pump & dumb perpetrated by an individual who has tried to purchase reputation and lacks basic knowledge about cryptocurrencies.

In any case stop being a bitter loser and mind your own threads please.

Not a single coin has done it before us, routing all of the traffic through Tor is trivial, anonymizing using Tor is difficult. I have no doubt that you're a troll at this point judging by the obvious lack of reading comprehension and your reputation.

In any case have a good day!

It's quite ironic that people with closed minds often come with open mouths.

First of all full anonymity is achieved via both the blockchain mixing AND Tor together, second of all it isn't nearly as simple as routing all the traffic through Tor, we only broadcast transactions via Tor and download the blockchain via the clearnet as to not harm Tor.

The client also differentiates between addresses that it would broadcast via Tor and addresses it would broadcast via the clearnet so your identity cannot be revealed by accident, it is a little bit more complicated than you seem to think.

If it was that simple then we'd see more coins implementing it instead of riding on the anonymous fad without anything backing them up...


Good then, please don't buy it, the price has already been driven too high by speculators...

First of all 1200$ just to add us to an exchange seems like a bit too much, I could set up our own exchange for that much.


The problem with integrating Tor into NUD is that if that specific version of Tor is found to be vulnerable the whole network is compromised, we'd be adding a huge attack vector to an already large bundle. The best approach would be to have two independent binaries with the user able to select which version of NUD with which version of Tor he'd like to download, the version of Tor could be chosen randomly from the last 10-20 builds by default as to diversify our stakes (an advanced user would be able to override this and choose a specific version), Tor would be automatically set up and launched/killed in future NUD versions. I don't believe that our "friends" have left Tor without weaknesses.

The approach of "add all the features then add NUD to an exchange" basically demands everything for nothing, we have no IPO, no pre-mine, I have less NUD than most people in this thread and unlikely to break even at this point. I will get busy charming investors in the nearest months and hopefully get the much needed funding for further development, perhaps even on a donation basis. It makes a lot more sense to invest 5k USD into development and buy NUD with 5k USD than buy NUD with 10k USD and sit on worthless NUD.


Bitcoin already creates change addresses by default, this isn't anonymity, the blockchain anonymity occurs when you send by delegate, a delegate then creates a new address and negotiates a transaction with your client, after your client sends the payment the payment is relayed to the destination by the delegate, effectively disrupting blockchain analysis.

Making all clients delegates by default would be a bad idea, becoming a delegate has certain dangers like if the delegate exits explicitly before the transaction to the destination is broadcast, when it runs again it will send the transaction to the destination after the client has retrieved its NUD from the apparently rogue delegate. The client could effectively double its NUD if the delegate is treated carelessly, a high traffic delegate could become very profitable but would also need proper care.

When I would set up services with multiple coins running I would edit the configs to have an incrementing RPC port per every coin, seems like common sense to me, why would anyone leave every coin running on the default port? But yes we'll change it, takes minimal effort really.

Thanks for all the donations (especially sixteendigits), I never even donated to wikipedia despite the fact that it saved me plenty of time. It's truly is an accomplishment to get people to believe in us enough to send us donations. Thanks to you we can now afford free hosting for a while.

While I am incredibly grateful for all the donations I am 2 weeks behind on my real job and cannot dedicate significant time to the development at the current stage, I will do all I can to fix bugs in the meantime. To provide the most basic financial support for a volunteering student would cost at least 3BTC per month provided we find one brilliant programmer who would like to make a name for himself working with us.

I am currently seeking any such programmers as well as investors, we are staying clear of any unethical practices of manipulating the market and so on, we are all very professional people so you would be working in a great environment.

I bet developing a monetary system would look better on that resume than volunteering for PHP .