Topic: [BOUNTY] Announcements for Nxt (the first pure POS coin) - page 9. (Read 63065 times)

"stealing ideas"

I think we are in the open source project, where people should steal a lot! If is something coool, it is good to use it! All we need is a great material and the reader doesn't care if the material comes from different sources.

But it is always better - if you want to steal something - to contact the owner and at least ask him, if it's OK and then mention him somewhere

I know it wasn't an officially sanctioned bounty, but would be pleasing to see a donation to 4534322254679043886 for https://bitcointalksearch.org/topic/m.4101194 for that issue, you're giving out thousands of nxt for translations, I think I deserve more than a few for finding a documentation bug.

You did the same thing with eMunie project, didn't you?
Thank you for the wish, and good luck to you as well!
We need passionate people: if you care for your so called ideas being stolen, or you treat your voluntary effort helping Nxt to be paid like a job, yes you should find another place to follow your predetermined plans!

PS: on the matter of dgex, as I mentioned some days before, I agree that dgex is far from the level of being the primary exchange for Nxt and apparently we will need a fix soon.

NXT press release is now on Yahoo Finance: http://finance.yahoo.com/news/bitcoin-descendant-nxt-features-100-051500739.html

I'll have links to more reports shortly (the release has been published on over 300 online news sites).

Why are you too demanding, also what brings you to the  state of accusing other people using your data to configure their articles?!
The general article is about general facts on Nxt. It is not quantum physics and everyone can see those facts before hand, yet the one who shapes them in better and more optimized words shall win the article bounty. And one thing more, I am not blind or dump, if something has been published by you before others, I ll consider yours the credited.

Finally the fact that I keep silent doesn't mean I did not review your works (all of you). Here are some mistakes you have made in your article:
1-The decentralized p2p exchange is based on coloredcoins feature, they are not separated, and that brings the necessity of having some gateways accompanying the exchange when the coloredcoin represents a currency (like btc) or any digital or real good (like amazon products).
Only for securities, commodities and stocks there is no need for gateways as there is no need for the actual release of the corresponding good.
2-You say the following at the end of your article:"Now, on to the nuts and bolts of Nxt’s implementation of PoS.  Its elegantly simple: transaction fees are distributed out proportionally to all users based on the amount of Nxt a client has. (assuming that client is running and unlocked).  So if a client has 1 million Nxt, then they have 1/1000 of a chance of receiving the transaction fee for any transaction.  The math here is 1 million (amount the client has) divided by 1 billion (total Nxt in existence) is 1000, so that is 1/1000 of a chance."
This is wrong: tx fees are not proportionally distributed to all users based the amount of Nxt a client has, actually the chance to generate the next block and gain all the tx fees included on that block is proportionally distributed among them based on their balance.. they are different things!

I said the article needs some nice pictures and flowchart, you then copy-pasted a general picture at the start of your article.. is yours really in the level of a coindesk standard article?! I do not have the time or patience to write the critics on each single article.
Still no debate, I ll consider all the works for the bounty project and will assign accordingly.

And by the way you are 100% wrong about the press release funding, up to this moment I have not paid a single dime to the press release and psybits for that. He just started it with the btc donations he got from some donators (I am not updated about how much he gathered up to this moment). But sure we should find a way to pay him in coming weeks..
My time and funding source is limited, perhaps you and your colleagues that are running and leading the hot topics of Nxt Foundation and Nxt Bounty projects in nextcoin.org forum can shape a donation pool (being kept by themselves) and start taking a part and helping, just talking doesn't solve anything at all!

PS: @salsacz: yes the deadline is passed, but I am waiting for lyynx's and cunicula's update. lyynx pm d me stating that his updated video will be released by tomorrow. So we will apparently have our bounty prizes paid soon!

Started the Dutch wiki. Two translated pages so far, will do more tomorrow as it is very late over here at the moment:

http://nxt-nl.wikia.com/wiki/Nxt_NL_Wiki

Yes, I dont get it.  You wanted a coindesk-format article, and I'm the only one who has delivered that.  Heck, I was the only one to submit any original content  before your original deadline.  Now there will be a rush of people coming in here and raping all our articles' content and trying to throw something together in coindesk format (since Ive just highlighted this issue) to make one of their own; the press release you paid for used some of my content, which actually did make me feel pretty good though, so I dont understand what it is you don't like about my article.  Some people's stuff you give critiques, others nothing.

Give me a heads-up when the finalized whitepaper is posted and I'll translate it asap.

What about deadlines? It was till 15.12., then till 20.12.2013. I stayed at home and worked on the video nonstop for another 12 hours so I could make it till the second last deadline. And have you got any comments, now - 2 days after the deadline?
thanks

Due to increases in Nxt value, I ll be very serious about the quality of the bounty projects, be warned.
If things stay at the same current level and participants do not improve their creations accordingly, I ll then divide the bounty prizes in several parts and will pay each round to one level of qualified submissions (making two or more rounds).
This is especially true about the video production: at the moment 500K Nxt is about 30 BTC or $18000, therefore the video (which will stand as our official one) should be very professional, attractive and close to perfection!

PS: once more, I need an update from cunicula about the whitepaper..

We r under constant attack for 2 weeks at least. So it's good idea.

Well, not a good idea while we are under some attacks the first day of Alias big rush. Our site is DOWN...

The NXT Press Release is up at http://bitcoinprbuzz.com/bitcoin-descendant-nxt-features-100-original-code-base-green-mining-decentralized-trading-and-many-more-primary-innovations/

It is going out to the news wires now It's also gone viral over the last 5 hours and is getting a ton of traffic just on our site

I will update again soon when it's gone out to the news wires - and also with a NXT address for contributions.

Do we earn NXT by just leaving the JAVA OPEN?

Created a Topic on :  [[[Trade Services and Goods]]]Buy,sell goods and Services in exchange with Nxt


https://bitcointalk.org/index.php?topic=380924.new#new

Some Next coin Please


9684368659768393730

List all the submitted videos and articles for the deadline of 20.12.2013

Articles

cunicula
https://bitcointalksearch.org/topic/m.3733803

cunicula
https://bitcointalksearch.org/topic/m.3804460

opticalcarrier
https://bitcointalksearch.org/topic/m.3827296
https://bitcointalksearch.org/topic/m.3893217
https://bitcointalksearch.org/topic/m.3980304

JohnnyBTCSeed
https://bitcointalksearch.org/topic/m.3832234

salsacz
https://bitcointalksearch.org/topic/m.3836768
2.0: https://bitcointalksearch.org/topic/m.4065929

psybits
https://bitcointalksearch.org/topic/m.4020121

Anon136
https://bitcointalksearch.org/topic/m.4063478 (Audit of POS Implementation)


Translations

everythingbitcoin
https://bitcointalksearch.org/topic/m.3706730

esuncloud
https://bitcointalksearch.org/topic/m.3726507

getfun12345
https://bitcointalksearch.org/topic/m.3903557
+
https://bitcointalksearch.org/topic/m.3917080

Stark-Fujikawa
https://bitcointalksearch.org/topic/m.3928945

allwelder
Some translation I have done:

• https://bitcointalksearch.org/topic/nxt-361812
• https://bitcointalksearch.org/topic/nxt-361693
• https://nextcoin.org/index.php/topic,748.0.html
• https://nextcoin.org/index.php/topic,164.0.html
• https://nextcoin.org/index.php/topic,331.0.html

Videos
lyynx
https://bitcointalksearch.org/topic/m.3760143
http://youtu.be/f8dLMoZLMzM

salsacz
https://bitcointalksearch.org/topic/m.4067398
version 2.0:
http://wideo.co/view/1302961386354824506-nxt
http://youtu.be/7oAiCOWLtn4

 - version 1.0:
    - http://www.youtube.com/watch?v=zALTChPsXhQ (music only)
    - http://wideo.co/view/1302961387016091210-co-je-nxt (czech translation)

 - Bonus - Nxt mining:
    - http://wideo.co/view/1302961386976944647-nxt-mining
    - http://www.youtube.com/watch?v=w1FTzBjy_8Q

ThaFresh
https://bitcointalksearch.org/topic/m.3932600
http://youtu.be/hfan3u99dLc

allwelder
http://i.youku.com/nextcoin

Videos

Short description of NXT for general audience describing Nxt, it's green pure POS mining, the colored coins and decentralized p2p exchange features, internal messaging and decentralized DNS, instant transaction option,
version 2.0:
http://wideo.co/view/1302961386354824506-nxt

1.0: http://www.youtube.com/watch?v=zALTChPsXhQ (only music)
2.0: http://youtu.be/7oAiCOWLtn4 (with voice cover)

Version 2.0:
 - Some parts were corrected thanks to responses in forums.
 - Added a voice cover
 - updated logos
 - Special thanks to QBTC and psybits for permission to use the logo and some texts

 - Czech version, 1.0: http://wideo.co/view/1302961387016091210-co-je-nxt

The video is already presented here:

• http://www.reddit.com/r/Nextcoin
• http://coinregime.wordpress.com/2013/12/08/nxt-a-descendant-of-bitcoin/
• http://coinarea.net/
• http://nxtcrypto.wikia.com/wiki/Nxt_Wiki
• http://nxtcoin.blogspot.com/
• (+ our forums)

Bonus video:
Nxt Mining:
http://wideo.co/view/1302961386976944647-nxt-mining
http://www.youtube.com/watch?v=w1FTzBjy_8Q

NXT: 15003961341330858247

OK i updated my post. Its much better now. Much more organized and human readable. If not its final form than VERY close to its final form. Please pass judgments based on its present state rather than its former state. 

Last deadline is dead in half of the world now, so here are my updates

Article:


You probably know Bitcoin (http://bitcoin.org/). This online currency was created a few years ago and it had many followers. Nxt (https://nextcoin.org/) is first of the second generation online cryptocurrencies. Nxt is brand new software that provides many cool features that Bitcoin didn't have. It also prevents of all bad things that Bitcoin came up with.

Decentralization
Nxt concentrates on decentralization. With Nxt you won't need to use online marketplaces, exchanges, forums and many other websites. Everything will be included in the application! You will use only Nxt app, so no government censorship or DDOS attacks can stop Nxt.
Nxt was created at the end of November 2013. First block, the Genesis block, was given to the early adopters. First holders are distributing NXT among more users. Currently more than 50 percent of Nxt (= 500 million NXT) have changed the owner.  

No inflation
There is and will always be only 1 billion of NXT. You cannot use mining for increasing number of NXT. If you transfer some NXT, you pay a little fee. This fee goes back to the system as an interest for people that own NXT. The more NXT you have, the merrier NXT you get from fees. So the price of NXT won't be affected by miners!

Proof stake mining
Nxt is based on green pure proof of stake (http://en.wikipedia.org/wiki/Proof-of-stake) mining. You will never need fast processor or graphic cards to get more NXT. That's really a big difference of Bitcoin and it might save our planet too. Maybe.  The more coins you have, the more blocks you will generate, but the amount you get per block is dependent on the transaction fees included in the block. So everyone gets the same chance based upon the amount of coins they own. It's a linear relationship. You get the equal return on your investment.

Instant transactions
Nxt doesn't need millions of scripts, so it provides very fast transactions. You can send your NXT from the USA to China within seconds! It will also provide the system of instant transactions, if you pay a little more fee for transaction.

Colored coins
Would you like to exchange $ € ¥ with Bitcoins, Litecoins or NXT within seconds, without using any provider, exchange with high fees, banks? No problem! You can send colored coins (http://coloredcoins.org/) that represent stocks, smart properties, other currencies (such as dollars, pounds, yen, or euros), and even other cryptocurrencies (such as Bitcoin, Litecoin, or Namecoin).

Decentralized p2p exchanges
Centralized exchanges  Bitstamp (https://bitstamp.net/), Cryptsy (https://www.cryptsy.com/) or BTC-E (https://btc-e.com/) can be slow or DDOSed, you pay them huge fees and there is always possibility so it can be hacked or taken down by governments. That's why people are looking for decentralized p2p exchanges, where no provider (or hacker) can steal all of your money. Nxt buyers and sellers trade directly with each other! So there are no commissions, only small network fees.

Internal instant messaging
Do you have to login to the forums to communicate with the potential seller? Nxt will provide internal instant messaging with chosen aliases, so you can talk to with your customer/seller through the main application. Your alias can be redirected to your website, email or account number, so it can be another very useful function.


Decentralized DNS
Decentralized DNS (https://wiki.projectmeshnet.org/DNS) is another invention of NXT. Well, it is also used by Namecoin (http://namecoin.info/), but NXT has improved version. Why is it important? It's very useful for security and also prevents from cybersquatting and censorship. Centralized DNS address can record a lot of transfers and that is something that NXT doesn't want.
A basic version of Nxt will be released on 3rd January 2014. All features will be available in April. It will provide much more than only market with crypto-coins. Nxt will cause a new revolution not only for crypto currency, but for all online trades. It’s not just some currency, it’s Nxt. Nxt generation of cryptocurrency.

NXT: 15003961341330858247