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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1001. (Read 2761642 times)

legendary
Activity: 2142
Merit: 1010
Newbie
In PoW, you only need the chain of proofs, without transactions, which lead you from genesis to the latest balance sheet.
In NXT, you need account balances to verify blocks, so you need full blocks, you just don't need to store them (but someone has to!).  

I see.
sr. member
Activity: 491
Merit: 250
S P 8 D E
http://www.wired.co.uk/news/archive/2014-01/27/bitcloud
http://maidsafe.net/

Any new ideas here? Decentralized internet and cloud services based on the (Nxt) platform, coupled  with a currency and a Proof of Work (or Service) system, that gives the users an initiative to provide space and resources?

I live up the road from Kim Dot Com and he's very approachable. Perhaps he could play a role.

Kim is a lone wolf, but we could try?!

his working on his own platform/coin I believe he mentioned this on the Keiser report... or is it BCnext ? Cheesy
Ola
sr. member
Activity: 311
Merit: 250
hello Ola, how's your Poker project going?
I'm very interested in a completely decentralized gamble games.


its slowly progressing, will announce something soon...also it wouldn't be completely decentralized, at least from from an account settlement point of view..I thinks its impossible to have a completely decentralized poker as long as there is a profit motive rake...

Neither without the profit motive rake is nearly impossible as the game state should be kept
and all peers should agree on the current game state.

this is fundamental and possible with schemes like shamir's secret sharing and such...profits to sharesholders complicates things
full member
Activity: 148
Merit: 100
Bitcoin doesn't need full blockchain.  

R u sure?
Obviously I'm not talking about current implementation, but what it needs on the basic, theoretical level.  
In PoW, you only need the chain of proofs, without transactions, which lead you from genesis to the latest balance sheet.
In NXT, you need account balances to verify blocks, so you need full blocks, you just don't need to store them (but someone has to!).  
You can update genesis in newer versions of the client, but that's centralization really...  
legendary
Activity: 2142
Merit: 1010
Newbie
Bitcoin doesn't need full blockchain.  

R u sure?
full member
Activity: 266
Merit: 100
NXT is the future
All,

People that have running projects other than marketing please let us know what your project is.

We want to have a view on all projects and consider bounty for them.

https://bitcointalk.org/index.php?topic=453935.new#new


for marketing projects please go here:


https://bitcointalksearch.org/topic/m.4465984
full member
Activity: 148
Merit: 100
P.S. Still waiting for feedback on blockchain FIFO, not sure why nobody does this.
Finite blockchain was discussed here, I think, about three times by groups of semi-different people, each time almost from the scratch.

One problem with NXT is that full blockchain has to exist, balance sheet is just a local compression method on the disk. Bitcoin doesn't need full blockchain.  
hero member
Activity: 600
Merit: 500
Nxt-kit developer
I think there is a big possibility in quickly pay or tip via a smartphone/tablet.

I think there is a big possibility in rainbow unicorn, so what?

Nxt is better that Bitcoin because paying via web is built-in feature. Just host your node and connect to it.
hero member
Activity: 1116
Merit: 535
hello Ola, how's your Poker project going?
I'm very interested in a completely decentralized gamble games.


its slowly progressing, will announce something soon...also it wouldn't be completely decentralized, at least from from an account settlement point of view..I thinks its impossible to have a completely decentralized poker as long as there is a profit motive rake...

Neither without the profit motive rake is nearly impossible as the game state should be kept
and all peers should agree on the current game state.
Ola
sr. member
Activity: 311
Merit: 250
hello Ola, how's your Poker project going?
I'm very interested in a completely decentralized gamble games.


its slowly progressing, will announce something soon...also it wouldn't be completely decentralized, at least from from an account settlement point of view..I thinks its impossible to have a completely decentralized poker as long as there is a profit motive rake...
sr. member
Activity: 491
Merit: 250
S P 8 D E
I don't understand how people still get excited over a new alt-coin that does not offer anything new. Apparently most people think "new" means simply switching the block time and hashing algo, and all of a sudden you have "innovation". Out of hundreds of cryptocurrencies, there are only a handful that actually offer anything new, and maxcoin is not one of them.

Although, I suppose if I had a huge collection of GPUs, I'd be excited to make $k's of cash every time a new coin came out so I could mine and dump immediately... a sobering reminder that most miners don't care if they are securing the network, only that they are lining their pockets.

Which does bring me to my point - we need to market to a slightly different demographic. Marketing to those already invest in PoW coins is an inefficient use of resources, because if they can't mine it, they are not interested. Of course there are always exceptions, but if the accusations of "nxt is pre-mined!" are any indicator, most of the complaints are in-fact from miners. I'm not saying we shouldn't try to convert those invested in bitcoin and clones (we should, and we already are with LTB), but they should not be our main focus.

We need to be attracting people who are actually interested in innovation and smart investments. This means our focus is not on the majority of the cryptocurrency crowd, but on tech and business oriented people (Forbes, IEEE, universities, etc). We just have to present NXT in a manner that is easy to understand and why it completely blows all other coins out of the water. Right now is not quite the right time, but when nexern releases his client (along with the AE), we should have a very simple to install client as well as be able to show off the power of decentralized exchanges. We should not market to raise the price of NXT, but market to recruit talent and smart investors that will contribute (and not just ride the wave) to the NXT ecosystem. The price will rise as a side effect of the cumulative contribution. NXT is the only cryptocurrency platform that allows an exponentially growing ecosystem due to BCNext's decentralized vision - the rest of the coins are limited to what their developers can put out - NXT is unlimited.

Cryptocurrency crowd + tech / money people + ?

Who is / should be our target audience? Please comment and discuss.

Just want to catch on the discussion we had this afternoon about features and target audience for nxt.

1. (Possible) Features:
- TF for instant transactions
- TF + punishment against 50% attacks (correct?)
- no bloated blockchain
- energy friendly crypto
- mobile friendly crypto
- easy to add new features
- many many TPS
- parallel blockchains
- blockchain shrinking
- decentralized exchange
- colored coins
- decentralized voting/opiniongrabber
- decentralized AM (data storage, link storage (eg torrents), encrypted messaging, ...)
- dividend payouts (all fees per block) for everyone instead of mining of the few with lots of power
- Turing capability
- smart contracts
- anonymous transactions
- SMS gateway

2.Today it was clear that the nxt community isn't sure yet, which features are the most important ones, which could be ignored in favor of other features (some exclude each other), and who the target audience is. Would it be easier if we knew plan 2 and 3 from BCNext? I don't know. But regardless of BCNext's plans, we should discuss this topic in the community: which is our target audience now, next months and in one year? Does this depend on the features we implement or does the features depend on the audience we want to tackle? The answer is clear (or is nxt just fundamental research?) That's why we should discuss this.

...



Business people, developers, entrepreneurs, academics, marketers, philosophers, etc. People who can see raw potential, and do something about it. It's not a matter of IQ, but the willingness of that person to actually positively contribute. And these efforts can be profitable, they just take more effort than sitting back and pointing your computer in a certain direction. For example, I'm not particularly smart, but I do have a few ideas that I am coordinating with a friend that hopefully will be of use when AE is implemented. I also volunteer to edit papers, articles, etc.

So basically what I am saying is that, in the short-run, we need to be focusing our marketing efforts on getting doers on-board. I think we can all agree that users right now can't do much with NXT, so marketing to the Average Joe at this time will only serve to temporarily increase the market value, but not add any real substance behind NXT. Of course, for people to make services, people have to use those services, so that's why I said we should not completely ignore this segment of the market. I don't know the ideal split of our marketing focus, but something like 75% towards doers and 25% towards users. Can you imagine if all the features on the list were completed right now? The price would be through the roof in an instant. That will be us in the future, but we need a strong community to get us there first.

My viewpoint is actually quite similar to jl777's, we should do everything because we can - we're decentralized. We just have to get more people on-board that are capable of doing these things in the first place. With all the bounties he is handing out (I lost count), we simply have to spread awareness to the correct demographics, and we'll have people interested in innovating. And the best part is that all this stuff can be developed in parallel to the main core development, so that's a huge advantage as well.

I agree, we need articles/theses/dissertations first. It would be fantastic, if you wrote a letter - an invitation to Nxt for those people -  academics, philosophers, developers, entrepreneurs... Sending the letter to 1.000 universities would be easy for me, I just need a letter Cheesy

also consider forums like this one : http://www.javaprogrammingforums.com/
full member
Activity: 193
Merit: 100
hello Ola, how's your Poker project going?
I'm very interested in a completely decentralized gamble games.
sr. member
Activity: 316
Merit: 250
Simcoin Puny Humans Communicator
I don't see why you would want a Nxt VM script to "output an email" (or do anything else outside of the blockchain for that matter) - you do understand that whether such email was actually even really sent simply *cannot be proven* (as you are dealing with SMTP rather than a blockchain)?

Also SMTP is going to require accounts that need to be signed into and you don't want to end up with people effectively running "relay servers" or they'll end up on email blacklists.

Wouldn't it make more sense for such things to be services instead?

About walking vs. running - you are getting far too excited jl777 - can you just take something to slow down to a pace that we can keep up with (by the time we've tried to discuss one of your ideas you typically have posted 3 others).

NXTsmtp is just for proof of concept that incorporates something everybody is familiar with. I want to verify the peer verifiability of hardcoded NXTplugin followed by external NXTplugin. I am not worried about NXTsmtp for anything other than proving that NXTplugins work and are peer verified. At first I couldnt understand how on earth a DAC could be implemented. When I started thinking about email plugin, it became not as hard.

If the source to SMTP server is reviewed that it does send the email (backed up with test results) and as part of the sending process it adds a hash value of email to the blockchain. I think that allows peer verification, please explain where I am wrong. I am certain I have made mistakes somewhere and I am still coming up to speed with this whole decentralized blockchain approach.

The problem is that I see all of the things I am posting about as connected. Like the elephant described by different people. All sounds very different, but it is all the same elephant. If I described the elephant in its entirety, it wouldnt fit in posts. I feel a great sense of urgency due to competitive pressures.

James

P.S. I usually dont post when I am sleeping or flying Smiley

James,

First of all thank you for all your great ideas, but ...

My background is IT project manager and I am going crazy by you.

You throw 10 projects on the table but have not one worked out.

Please for starters pick on project, work it out from start to finish, than pick another.

As of now your way of working getting us nowhere.

You are ddossing us.


+1
hero member
Activity: 854
Merit: 1001
make room for noble coin  in the top 10, dont take my word for it, read noble coin thread and you will be convinced,

https://bitcointalksearch.org/topic/noblecoinnobl-8-pos-1yr-marketplace-pay-gift-charitiesmerchants-402667

I was gonna slap greenbeans down as a trolling n00b, but I decided to check the thread first.  Wink
Noble looks pretty damn good, tbh, especially the depth in the community, merchants and charity projects.
Might still be a 1st gen scrypt coin, but it's a million miles away from some of the pump 'n' dump clusterfucks we've seen lately.
*kof* Maxcoin *kof*

Not saying i'm a convert, but these guys seem to be going in the right direction.

@James: u do need to slow down a bit, mate.
Love your input (when I understand it) but it can be a bit overwhelming trying to keep up with your flow of ideas.
Ola
sr. member
Activity: 311
Merit: 250
I don't see why you would want a Nxt VM script to "output an email" (or do anything else outside of the blockchain for that matter) - you do understand that whether such email was actually even really sent simply *cannot be proven* (as you are dealing with SMTP rather than a blockchain)?

Also SMTP is going to require accounts that need to be signed into and you don't want to end up with people effectively running "relay servers" or they'll end up on email blacklists.

Wouldn't it make more sense for such things to be services instead?

About walking vs. running - you are getting far too excited jl777 - can you just take something to slow down to a pace that we can keep up with (by the time we've tried to discuss one of your ideas you typically have posted 3 others).

NXTsmtp is just for proof of concept that incorporates something everybody is familiar with. I want to verify the peer verifiability of hardcoded NXTplugin followed by external NXTplugin. I am not worried about NXTsmtp for anything other than proving that NXTplugins work and are peer verified. At first I couldnt understand how on earth a DAC could be implemented. When I started thinking about email plugin, it became not as hard.

If the source to SMTP server is reviewed that it does send the email (backed up with test results) and as part of the sending process it adds a hash value of email to the blockchain. I think that allows peer verification, please explain where I am wrong. I am certain I have made mistakes somewhere and I am still coming up to speed with this whole decentralized blockchain approach.

The problem is that I see all of the things I am posting about as connected. Like the elephant described by different people. All sounds very different, but it is all the same elephant. If I described the elephant in its entirety, it wouldnt fit in posts. I feel a great sense of urgency due to competitive pressures.

James

P.S. I usually dont post when I am sleeping or flying Smiley

James,

First of all thank you for all your great ideas, but ...

My background is IT project manager and I am going crazy by you.

You throw 10 projects on the table but have not one worked out.


exactly. it's like everyday there is something new. zerocoin, then turing complete language, then decentralized cross-chain exchanges, then plugins, then emails ... Why on earth would I want to use Nxt for emails? There are zillions of better email services, and Nxt already has  private messages.






Please try to understand I am using email as a proof of concept for a NXTplugin. I have stated repeatedly that it is not intended for actual usage, but rather to work out the issues of having NXTplugins.

zerocoin project is i progress. So are the other things. First everyone complains there is not enough tech, now the complaint is too much tech

I am not complaining at all, its your method...try to think about everybody elses input to your proposals...you don't even give us a chance.. I suggest you start by organizing these topics / proposals on other threads, and then come back and announce them here...your current approach is not productive for anybody
hero member
Activity: 714
Merit: 500
Crypti Community Manager

man , this guy is a coding machine, very happy to start working with you very  soon...
ps: why aren’t you in jabber ?
Studying Higher Mathematics IV.. Wink

I will come online this evening.
Ola
sr. member
Activity: 311
Merit: 250
I don't see why you would want a Nxt VM script to "output an email" (or do anything else outside of the blockchain for that matter) - you do understand that whether such email was actually even really sent simply *cannot be proven* (as you are dealing with SMTP rather than a blockchain)?

Also SMTP is going to require accounts that need to be signed into and you don't want to end up with people effectively running "relay servers" or they'll end up on email blacklists.

Wouldn't it make more sense for such things to be services instead?

About walking vs. running - you are getting far too excited jl777 - can you just take something to slow down to a pace that we can keep up with (by the time we've tried to discuss one of your ideas you typically have posted 3 others).

NXTsmtp is just for proof of concept that incorporates something everybody is familiar with. I want to verify the peer verifiability of hardcoded NXTplugin followed by external NXTplugin. I am not worried about NXTsmtp for anything other than proving that NXTplugins work and are peer verified. At first I couldnt understand how on earth a DAC could be implemented. When I started thinking about email plugin, it became not as hard.

If the source to SMTP server is reviewed that it does send the email (backed up with test results) and as part of the sending process it adds a hash value of email to the blockchain. I think that allows peer verification, please explain where I am wrong. I am certain I have made mistakes somewhere and I am still coming up to speed with this whole decentralized blockchain approach.

The problem is that I see all of the things I am posting about as connected. Like the elephant described by different people. All sounds very different, but it is all the same elephant. If I described the elephant in its entirety, it wouldnt fit in posts. I feel a great sense of urgency due to competitive pressures.

James

P.S. I usually dont post when I am sleeping or flying Smiley

James,

First of all thank you for all your great ideas, but ...

My background is IT project manager and I am going crazy by you.

You throw 10 projects on the table but have not one worked out.

Please for starters pick on project, work it out from start to finish, than pick another.

As of now your way of working getting us nowhere.

You are ddossing us.


+1000 you are absolutely right...its like friendly fire from a comrade high on red bull
sr. member
Activity: 491
Merit: 250
S P 8 D E



Introducing tipNXT.com

With tipNXT.com you can tip any Nxt user worldwide!

- It's possible to create a link which will redirect you to a tipping formular.
- You can also click on the button "Quick tip" to open the blank tipping formular.
- On the front page you see the last 15 tips, you can click on the NXT ID's or the amount to get to the Blockchain Explorer.


How is this service funded?

100% through donations towards us. This is implemented in the tipping formular.


Can I trust you?

This is the biggest issue. Of course you can trust me! The domain is registered with my original name. On the contact page you can see a photo of me. I will stay for a long time in the Nxt community. Maybe my other services created a little trust towards me. Smiley


Can I send only a tip to another person, or only a tip towards tipNXT.com?

Yes! Just set one slider to zero for this.




I hope that this service will be used often! Thank you very much.

man , this guy is a coding machine, very happy to start working with you very  soon...
ps: why aren’t you in jabber ?
Ola
sr. member
Activity: 311
Merit: 250
I don't see why you would want a Nxt VM script to "output an email" (or do anything else outside of the blockchain for that matter) - you do understand that whether such email was actually even really sent simply *cannot be proven* (as you are dealing with SMTP rather than a blockchain)?

Also SMTP is going to require accounts that need to be signed into and you don't want to end up with people effectively running "relay servers" or they'll end up on email blacklists.

Wouldn't it make more sense for such things to be services instead?

About walking vs. running - you are getting far too excited jl777 - can you just take something to slow down to a pace that we can keep up with (by the time we've tried to discuss one of your ideas you typically have posted 3 others).


+ please take his advice
Ola
sr. member
Activity: 311
Merit: 250
I am a bit concerned that there has been very little feedback on my recent proposals, blockchain FIFO and NXT plugin architecture.

This either means its Friday night and nobody has had a chance to think about them, or it is so ridiculous nobody bothered to comment, or maybe I am on everyone's ignore list?

Please, if you see anything wrong, now is the time to find it. Also, if you think it is mostly right, just +1 it or short comment. I feel like I am in a vacuum here...

James

P.S. I just cant believe that I got everything right as that is the fourth possibility.

Please slow down..you are crowding this thread with several concurrent walls of text....do you expect everyone to read and stick to your every post? it is becoming overwhelming..I think with short digestible posts bursts you will get your proposals across better
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