Topic: NXT :: descendant of Bitcoin - Updated Information - page 1023. (Read 2761645 times)

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.

+1

Also, this is backed by me... I have 2.6M NXT 

Decentralized. That's all you need to know.

Needed by who exactly? Who will use it and pay money for it?
Backup purposes? It's competing with Crashplan which offers unlimited storage for $59.99/year and similar competitors.  
Static website server? It's competing with thousands free hosting providers on the internet.  

API call to get recent transactions of an account, latest transaction = latest masterfile.

This is better than DNS as you could potentially "host" dynamic webpages by updating only a few files on the masterfile.

Uhh...   This is a much needed feature that we can code with available resources and API calls.

Project budget increased 150k NXT btw.

That's not a dns system, that's a storage system.

How would you then access the page? Via an alias that has some sort of list of message IDs?

Aye. Now I could split it in 3 chunks...

What's the point?

I only have like 60 BTC at the moment :/, not many people have 100k in BTC laying around.

There were some but noone could afford to buy all 1.3 at once and I didn't wish to split it.

Weekend project, let's build a DNS system guys!

Here is what I propose, we encode HTML webpages in base64, the base64 is then truncated and sent. the transaction ID's are retrieved and a master file with the locations (and format) of the truncated html is formed. The masterfile is returned and can be used to access the data.

Multiple master files can be formed (due to 1k data limit) and put into one, etc... unlimited amounts of data could be stored this way.

If a dynamic webpage is needed an account could be created and reserved for "hosting" the latest message sent by this account could be the updated website data. Accounts could be used as domain names in a customized browser.

I already have the truncation programs written, but who wants to join me and make this work?

I have a 100k nxt budget for this project (can be increased).

PM me if you are interested.

Or wait for the AE and then use it in full power haha

Still no buyers for your 1.3M NXT?

This just will move the price down and then back. I could sell off-exchange and then buy on BTER...

Yes, please? and tell me when you're going to dump it so i can be ready to buy it at bottom

I have 0 BTC and 1.3M NXT. Should I sell some NXT to get BTC to buy NXT back?

Throw some more BTC into Nxt ppl! We're taking back position 5 over doge! 

It's leather upholstery in a car without seats.  

Also, I don't think anybody bought NXT due to alias system. People bought it for decentralized exchange, assets, and 1000+ TPS. Perhaps some bought it due to lower environment cost.