Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1028. (Read 2761645 times)

hero member
Activity: 644
Merit: 500
For success, 2 things are needed the most.

(1) Very good native client (a few of them coming soon)
(2) The native client should be able to sign the transactions and broadcast it to a public node.  That way people don't have to install java and and run complex Nxt server

These two things should be top priority.

sr. member
Activity: 338
Merit: 250
Chocholates are ready! Enjoy. Let me know if I can do something more.



Oh....my.....god  Roll Eyes

Why the dark 80's theme? Where did the light/eco-friendly/speed go in this design?
Really, you need unity in the theme.

this is NOT an official logo, but a personally paid work for c-f-b

Phew! Must have overlooked that part in this tiny thread  Wink
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Tonight I was thinking again about the fees. We should not change the fees already, it's not wise.

In this early fase of Nxt I hear nobody complaining about the high fees, mostly because not a lot of payments are done.

But I DO hear a lot of complaining about the joke of forging. In the early fase of a cryptocoin, the miners/investors are the most important people, they make a coins succesfull (look at Dogecoin). To get a lot of attention, we need to attract the miners and investors first!

Later when it gets more populair you can lower the fees!
Bump

I change my vote to keep it at 1NXT.

+1000000

So basically your arguments are:
- Not enough NXT to be forged because the fee is to low?
- NXT forging is assumed to be a joke because of low NXT per block?

How about increasing the NXT transactions and as an effect also increasing the people using it? Well, that won't happen with such a ludacrist fee...
sr. member
Activity: 311
Merit: 250
Tonight I was thinking again about the fees. We should not change the fees already, it's not wise.

In this early fase of Nxt I hear nobody complaining about the high fees, mostly because not a lot of payments are done.

But I DO hear a lot of complaining about the joke of forging. In the early fase of a cryptocoin, the miners/investors are the most important people, they make a coins succesfull (look at Dogecoin). To get a lot of attention, we need to attract the miners and investors first!

Later when it gets more populair you can lower the fees!
Bump

I change my vote to keep it at 1NXT.

+1000000
legendary
Activity: 1205
Merit: 1000
what happens with https://nextcoin.org/?

I was trying several hours ago and does not work  Sad
Same problem here…I keep reloading, but nothing happens.  Tongue
member
Activity: 112
Merit: 10
what happens with https://nextcoin.org/?

I was trying several hours ago and does not work  Sad
legendary
Activity: 1205
Merit: 1000
Tonight I was thinking again about the fees. We should not change the fees already, it's not wise.

In this early fase of Nxt I hear nobody complaining about the high fees, mostly because not a lot of payments are done.

But I DO hear a lot of complaining about the joke of forging. In the early fase of a cryptocoin, the miners/investors are the most important people, they make a coins succesfull (look at Dogecoin). To get a lot of attention, we need to attract the miners and investors first!

Later when it gets more populair you can lower the fees!
Bump
you have the casuality in reverse: few payments are done BECAUSE the fees are high.
Really? The 1 fee, doesn't bother me at all. And there are very limited places where you can buy with NXT at this moment.

I'm forging for 1,5 month 24/7 with a nice account, but when the fees drop, I think I will stop with an unlocked account. It isn't worth it anymore.  Sad
Nxt is completely unusable for micropayments and tips. The fees are so high that using a forging pool right now doesn't make sense if you don't have at least 100k NXT. 
It's a very serious design error, but the only sensible way forward is to have big and medium holders who forge not because it's profitable, but because it indirectly gives value to their holdings. Maybe someday the transaction volume will rise so much that it's going to become profitable again. 

Just look around. Nobody uses NXT. So much wasted potential.

Where can you spend NXT today, except exchange? Post any place accepting NXT.
http://nxtbay.com
legendary
Activity: 1512
Merit: 1004
with 0.7.0e
Code:
[2014-02-07 12:57:56.176] DEBUG: Database cache size set to 126720 kB
[2014-02-07 12:57:58.927] Database is at level 6
[2014-02-07 12:57:58.928] Updated database is at level 6
[2014-02-07 12:57:59.077] Scanning blockchain...
stick the above for a moment ,then the cmd window disappear.
any suggestion?
TKS.


me too...!
may be we should back to 0.6.1
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
The reason why there are so little NXT transactions are because they are way to expensive. If i want to send the lowest amount possible to a friend, so he can send it back and test his setup, it costs mit 2 NXT total. (send 3 to him, 2 come to him and he sends the 2 back) That are 12-15 cents.

Our network wants to tell everyone that we can handle big traffic with little cost, but the way i see it, with the fee staying that high, not many transactions will occur.

Or look at faucets. Many people want to enter a currency for free at start to test it out. Now we can get 3 NXT from a faucet. that is 1 transaction .... Rly??
I think currencies like Doge are so successful because the fee is ridiculous low, its 0.01 Doge, that is like a 10.000th of NXT..

I predict a more than 10 fold in transactions if the fee drops to 0.1 NXT and the fractional NXTs get enabled.  Also even if it does not increase by tenfold, then then widespread of the currency makes up for it.

FEE 0.1!!!!  NAOWW
full member
Activity: 148
Merit: 100
Where can you spend NXT today, except exchange? Post any place accepting NXT.
That's the point. Although it's not as bad as zero.  

Now imagine NXT fees are zero!
A fast way to "1000 TPS"
legendary
Activity: 1181
Merit: 1002

Where can you spend NXT today, except exchange? Post any place accepting NXT.


https://www.solarcom.ch/en/

legendary
Activity: 1162
Merit: 1005
Tonight I was thinking again about the fees. We should not change the fees already, it's not wise.

In this early fase of Nxt I hear nobody complaining about the high fees, mostly because not a lot of payments are done.

But I DO hear a lot of complaining about the joke of forging. In the early fase of a cryptocoin, the miners/investors are the most important people, they make a coins succesfull (look at Dogecoin). To get a lot of attention, we need to attract the miners and investors first!

Later when it gets more populair you can lower the fees!
Bump
you have the casuality in reverse: few payments are done BECAUSE the fees are high.
Really? The 1 fee, doesn't bother me at all. And there are very limited places where you can buy with NXT at this moment.

I'm forging for 1,5 month 24/7 with a nice account, but when the fees drop, I think I will stop with an unlocked account. It isn't worth it anymore.  Sad
Nxt is completely unusable for micropayments and tips. The fees are so high that using a forging pool right now doesn't make sense if you don't have at least 100k NXT. 
It's a very serious design error, but the only sensible way forward is to have big and medium holders who forge not because it's profitable, but because it indirectly gives value to their holdings. Maybe someday the transaction volume will rise so much that it's going to become profitable again. 

Just look around. Nobody uses NXT. So much wasted potential.

Where can you spend NXT today, except exchange? Post any place accepting NXT.
member
Activity: 80
Merit: 10
Maxcoin killed all the coins  Tongue
full member
Activity: 148
Merit: 100
Tonight I was thinking again about the fees. We should not change the fees already, it's not wise.

In this early fase of Nxt I hear nobody complaining about the high fees, mostly because not a lot of payments are done.

But I DO hear a lot of complaining about the joke of forging. In the early fase of a cryptocoin, the miners/investors are the most important people, they make a coins succesfull (look at Dogecoin). To get a lot of attention, we need to attract the miners and investors first!

Later when it gets more populair you can lower the fees!
Bump
you have the casuality in reverse: few payments are done BECAUSE the fees are high.
Really? The 1 fee, doesn't bother me at all. And there are very limited places where you can buy with NXT at this moment.

I'm forging for 1,5 month 24/7 with a nice account, but when the fees drop, I think I will stop with an unlocked account. It isn't worth it anymore.  Sad
Nxt is completely unusable for micropayments and tips. The fees are so high that using a forging pool right now doesn't make sense if you don't have at least 100k NXT.  
It's a very serious design error, but the only sensible way forward is to have big and medium holders who forge not because it's profitable, but because it indirectly gives value to their holdings. Maybe someday the transaction volume will rise so much that it's going to become profitable again. 

Just look around. Nobody uses NXT. So much wasted potential.
legendary
Activity: 1205
Merit: 1000
Tonight I was thinking again about the fees. We should not change the fees already, it's not wise.

In this early fase of Nxt I hear nobody complaining about the high fees, mostly because not a lot of payments are done.

But I DO hear a lot of complaining about the joke of forging. In the early fase of a cryptocoin, the miners/investors are the most important people, they make a coins succesfull (look at Dogecoin). To get a lot of attention, we need to attract the miners and investors first!

Later when it gets more populair you can lower the fees!
Bump
you have the casuality in reverse: few payments are done BECAUSE the fees are high.
Really? The 1 fee, doesn't bother me at all. And there are very limited places where you can pay with NXT at this moment.

I'm forging for 1,5 month 24/7 with a nice account, but when the fees drop, I think I will stop with an unlocked account. It isn't worth it anymore.  Sad
legendary
Activity: 2142
Merit: 1010
Newbie
So what does base target percentage actually mean?

Is there a "good" and a "bad" percentage? If so, what are they? (less than X, greater than Y)?

Base target shows how long to wait till next block in average.
Also it's one of the traps for copycats. Without knowledge of TF internal mechanisms forging of their copycoin will stop eventually.
There is no good or bad percentage.
full member
Activity: 148
Merit: 100
Tonight I was thinking again about the fees. We should not change the fees already, it's not wise.

In this early fase of Nxt I hear nobody complaining about the high fees, mostly because not a lot of payments are done.

But I DO hear a lot of complaining about the joke of forging. In the early fase of a cryptocoin, the miners/investors are the most important people, they make a coins succesfull (look at Dogecoin). To get a lot of attention, we need to attract the miners and investors first!

Later when it gets more populair you can lower the fees!
Bump
you have the casuality in reverse: few payments are done BECAUSE the fees are high.
legendary
Activity: 1205
Merit: 1000
Thanx Wesley.

Btw: Do you have any news about the Mac-client? I stopped forging because the client doesn't update to the new critical versions.
sr. member
Activity: 308
Merit: 250
Tonight I was thinking again about the fees. We should not change the fees already, it's not wise.

In this early fase of Nxt I hear nobody complaining about the high fees, mostly because not a lot of payments are done.

But I DO hear a lot of complaining about the joke of forging. In the early fase of a cryptocoin, the miners/investors are the most important people, they make a coins succesfull (look at Dogecoin). To get a lot of attention, we need to attract the miners and investors first!

Later when it gets more populair you can lower the fees!
Bump

I change my vote to keep it at 1NXT.
legendary
Activity: 1205
Merit: 1000
Tonight I was thinking again about the fees. We should not change the fees already, it's not wise.

In this early fase of Nxt I hear nobody complaining about the high fees, mostly because not a lot of payments are done.

But I DO hear a lot of complaining about the joke of forging. In the early fase of a cryptocoin, the miners/investors are the most important people, they make a coins succesfull (look at Dogecoin). To get a lot of attention, we need to attract the miners and investors first!

Later when it gets more populair you can lower the fees!
Bump
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