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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1013. (Read 2761644 times)

full member
Activity: 224
Merit: 100
All I know is that the government can not stop crypto-currencies, aside from maybe shutting down the internet indefinitely, which isn't going to happen. And historically, anything the government bans, tends to drive UP the price. Fact: Something like 25% of the world's economy is black market. Crypto-currencies were MADE for the black market.

This always seemed weird to me.  I mean, the ledger of transactions is public after all.  To me it seems foolish to use a public ledger when funding illegal activities.  But perhaps I just haven't thought it through since I don't care about drugs.

People also use their phones to text drug deals... The government doesn't REALLY want people to stop illegal activities.  WAY too much money involved.

This is why I recommend to use a pigeon carrier for illicit activities.


Just kidding NSA, I don't even have a pigeon

if you dont think the nsa intercepts pigeons than your fooling yourself. go back to sleep sheep.

Not if it's a stealth pigeon. With lasers.
sr. member
Activity: 460
Merit: 250
Just posted and tweeted.

http://www.cryptocoinsnews.com/2014/02/07/nxt-decentralized-voting-system-twitter/

Edit - I'm also wondering why @NxtCrypto tweeted this page of otherwise cool forging statistics, but with the profits columns full of zeros...
full member
Activity: 168
Merit: 100
All I know is that the government can not stop crypto-currencies, aside from maybe shutting down the internet indefinitely, which isn't going to happen. And historically, anything the government bans, tends to drive UP the price. Fact: Something like 25% of the world's economy is black market. Crypto-currencies were MADE for the black market.

This always seemed weird to me.  I mean, the ledger of transactions is public after all.  To me it seems foolish to use a public ledger when funding illegal activities.  But perhaps I just haven't thought it through since I don't care about drugs.

People also use their phones to text drug deals... The government doesn't REALLY want people to stop illegal activities.  WAY too much money involved.

This is why I recommend to use a pigeon carrier for illicit activities.


Just kidding NSA, I don't even have a pigeon

if you dont think the nsa intercepts pigeons than your fooling yourself. go back to sleep sheep.

Giant nets in Utah... LOL. They don't just have the power to intercept U.S. pigeons, they can intercept AND inject pigeons globally.
full member
Activity: 189
Merit: 100
UPDATE: ClieNXT gui

Changelog: 0.0.4 [codename] easy click


* 1-Click usage, simple download https://bitbucket.org/fmiboy/clienxt/downloads/clienxt_004.zip and unzip, double click clienxt.jar
   (gui now downloads and unzips latest 0.6.1 version of NRS, detects if you placed nxt in lib folder if not, it will offer easy download and unzip. working to automate this to get latest update when available)

* added context menu for console (restart/stop server, remove/rename *.nxt files)
  (when get errors, simple restart, or rename blocks and transactions with back up)

* simple search of aliases, assets

* RUSSIAN language (non native speaker)
  (Russian speaking guys can now use gui easily, nb: Asset Exchange is not yet released)

* designed and implemented available APIs of Asset Exchange

-------------
Request features and report the bugs here, please: https://bitbucket.org/fmiboy/clienxt/issues?status=new&status=open
Note: please backup "lib/accounts.dat" file before upgrading, it holds your account list (watch list and account list)

any support is appreciated! welcoming translators...

13792774143018875909

edit: after 0.7.0 rename/remove *.nxt files feature will be removed
legendary
Activity: 1722
Merit: 1217
All I know is that the government can not stop crypto-currencies, aside from maybe shutting down the internet indefinitely, which isn't going to happen. And historically, anything the government bans, tends to drive UP the price. Fact: Something like 25% of the world's economy is black market. Crypto-currencies were MADE for the black market.

This always seemed weird to me.  I mean, the ledger of transactions is public after all.  To me it seems foolish to use a public ledger when funding illegal activities.  But perhaps I just haven't thought it through since I don't care about drugs.

People also use their phones to text drug deals... The government doesn't REALLY want people to stop illegal activities.  WAY too much money involved.

This is why I recommend to use a pigeon carrier for illicit activities.


Just kidding NSA, I don't even have a pigeon

if you dont think the nsa intercepts pigeons than your fooling yourself. go back to sleep sheep.
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
All I know is that the government can not stop crypto-currencies, aside from maybe shutting down the internet indefinitely, which isn't going to happen. And historically, anything the government bans, tends to drive UP the price. Fact: Something like 25% of the world's economy is black market. Crypto-currencies were MADE for the black market.

This always seemed weird to me.  I mean, the ledger of transactions is public after all.  To me it seems foolish to use a public ledger when funding illegal activities.  But perhaps I just haven't thought it through since I don't care about drugs.

People also use their phones to text drug deals... The government doesn't REALLY want people to stop illegal activities.  WAY too much money involved.

This is why I recommend to use a pigeon carrier for illicit activities.


Just kidding NSA, I don't even have a pigeon

Scared? Wink
sr. member
Activity: 490
Merit: 250
I don't really come from outer space.
ok. thx for the replies Smiley

Just because you might see a couple of us over there doesn't mean much.  I expect to lose the Nxt I put in.
full member
Activity: 224
Merit: 100
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.
full member
Activity: 154
Merit: 100
ok. thx for the replies Smiley
legendary
Activity: 1470
Merit: 1004
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
I didn't see the announcement to vote.


What's you opinion on that?

I think NXT tx fees should track BTC transaction fees... around 9 cents.


Which basically is even more than 1 NXT.
hero member
Activity: 854
Merit: 1001
I think the answer is:

GOD, no, its a scam, ffs!

Not us, not even the FCs, (I think)
full member
Activity: 154
Merit: 100
newbie
Activity: 56
Merit: 0
1000 TPS is a theoretical number, in fact I'd wager that it would take at least 2 (possible more) years to have that many transactions per second. So no, you won't need 300GB available (per month).
The max transaction is 255 per block(per minute),right?
so I didnot catch clearly what is mean of 1000 TPS.

We have to remind ourself that the POSSIBILITY of 1000TPS brings us to 1000TPS in a few years. If we now state "not possible", we lose one feature.

For the record, there was no "theoretically" about 1000 transactions pe rsecond (TPS).

What do you mean with 4.25 tps to 1000 tps?

One of the killer features of Nxt is ability to process transactions at VISA rate (thousands per second).

Btw, any ideas how much the price will rise after VCs realize that Nxt is able to process 1000+ tps? 10x is min, imho. 100x-1000x is more likely...

There have been occasional hints by CfB of incremental steps to improve the capacity of NXT by making the number of bytes encapsulating a transaction smaller (going from JSON to binary with a target of 128 bytes per transaction) so a block could hold more transactions, synchronizing the timing of blocks ("time warp"), and speeding up the rate at which NXT blocks were produced.  The problem of block chain bloat has not been discussed by the core devs and remains a future problem to achieving this stated capability.  

In my opinion, solving the block chain bloat ( by reforging a new genesis block around every 1500 blocks) is THE problem facing future expansion of NXT.  But:

Blockchain pruning / minimization is for survival.

U should undestand that everything is in ur own hands. Pruning is not a rocket science. Just make a snapshot at some block height and use it as Genesis Block 2.

Once the development committee membership has been finalized and they are in control of 3M NXT from the unclaimed funds currently held by CfB, I will lobby vigorously for them to immediately hire a programmer to focus exclusively on block chain bloat shrinkage and real time genesis block forging.  This is how we take the future of NXT into our own hands as a community.  This is too important to just throw a bounty up and wait for somebody to wander by and say they'll do it.  Ideally, such a hired programmer should integrate ASAP with JLP's ongoing efforts under a non-disclosure agreement (NDA) and not wait for open source release in 60 days.  We need to be working on block chain bloat NOW.  

We don't have to sit around wailing while the price of NXT slowly sags.  We can take action NOW to make NXT the premiere cryptocurrency on the planet.  Once we crack the "not-rocket-science" nut of real-time genesis block reforging, we will have created all the components necessary to set up a 1000 TPS testnet that we can demonstrate to the world.  

https://bitcointalk.org/index.php?topic=345619.msg4964910;topicseen#msg4964910

https://bitcointalk.org/index.php?topic=345619.msg4966259;topicseen#msg4966259

And with a functional 1000 TPD demonstration testbed in place to demo at will to media, venture capitalists, and critics, NXT WILL GO TO THE MOON.  



+1
sr. member
Activity: 897
Merit: 284
Question:

Is it better to give 5, 10 or 20 Nxt to little good things you see regularly (expecting everyone else to do the same),

or;

Will people think that is insulting for their effort (maybe get pee'd off and stop helping?) so I should save up my Nxt till I see something "WOW!" and give a few hundred?

Opinions?

N.B.
I bought all my Nxt after the 28th Dec, first purchase was 0.00009. Bought more since so I am looking at just about break-even so far. Never sold a Nxt so far though and I can feel another purchase coming on! Tho probably on Dgex, grrr... thanks Graviton but you have already had your tips out of me!


I've gotten some small donations and one large one. I appreciate them all the same.
full member
Activity: 224
Merit: 100
All I know is that the government can not stop crypto-currencies, aside from maybe shutting down the internet indefinitely, which isn't going to happen. And historically, anything the government bans, tends to drive UP the price. Fact: Something like 25% of the world's economy is black market. Crypto-currencies were MADE for the black market.

This always seemed weird to me.  I mean, the ledger of transactions is public after all.  To me it seems foolish to use a public ledger when funding illegal activities.  But perhaps I just haven't thought it through since I don't care about drugs.

People also use their phones to text drug deals... The government doesn't REALLY want people to stop illegal activities.  WAY too much money involved.

This is why I recommend to use a pigeon carrier for illicit activities.


Just kidding NSA, I don't even have a pigeon
hero member
Activity: 574
Merit: 500
Question:

Is it better to give 5, 10 or 20 Nxt to little good things you see regularly (expecting everyone else to do the same),

or;

Will people think that is insulting for their effort (maybe get pee'd off and stop helping?) so I should save up my Nxt till I see something "WOW!" and give a few hundred?

Opinions?

N.B.
I bought all my Nxt after the 28th Dec, first purchase was 0.00009. Bought more since so I am looking at just about break-even so far. Never sold a Nxt so far though and I can feel another purchase coming on! Tho probably on Dgex, grrr... thanks Graviton but you have already had your tips out of me!
full member
Activity: 168
Merit: 100
All I know is that the government can not stop crypto-currencies, aside from maybe shutting down the internet indefinitely, which isn't going to happen. And historically, anything the government bans, tends to drive UP the price. Fact: Something like 25% of the world's economy is black market. Crypto-currencies were MADE for the black market.

This always seemed weird to me.  I mean, the ledger of transactions is public after all.  To me it seems foolish to use a public ledger when funding illegal activities.  But perhaps I just haven't thought it through since I don't care about drugs.

People also use their phones to text drug deals... The government doesn't REALLY want people to stop illegal activities.  WAY too much money involved.
newbie
Activity: 56
Merit: 0
so the real question is satoshi ==bcnext??
nope, a few years ago bcnext said he doesn't use C

Do u have the link?
I dont want to exploit his identity Smiley

Hasn't BCNext only been operating under that name for a few months? Do you know who he is then?
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