If we want to let NXT take off, then we NEED to lower fees. Micropayments are the way to try new currencies.
I am hesistent to send many Messages or send NXT around for fun because i dont want to spend 1 NXT to send 10 NXT...
0.1NXT and Fractional NXT!!!!!!
Topic: NXT :: descendant of Bitcoin - Updated Information - page 1073. (Read 2761638 times)
OK... one question... will this be changing again based on future NXT valuations?
I'm not sure I got the question. We r lowering fee coz rise of the price is expected and 1$ transaction fee would slow down further adoption.
One thing is for sure a Turing-Complete Nxt would have much more marketing WOW than 1000 TPS Nxt.
I think everyone can clearly see that fact with Ethereum.
I think everyone can clearly see that fact with Ethereum.
You cannot be serious with this statement. What percentage of people have even heard the phrase "Turing-Complete"? What percentage of people hate standing around waiting for that little machine to spit out their Visa slip?
People don;t really care it takes one minute but they care more that their purchasing power doesn't depreciate during the transaction.
If you want to pull off a VISA type setup your gonna have to fix the price of NXT....the US Dollar doesn't fluctuate on moment by moment basis....but NXT does.
This problem applies to both merchants & consumers....it's like buying goods in Euro and selling them in USD....after a certain amount of time your profits might be wiped out by rate fluctuations.
EDIT: Turing-Complete is to take the spot light off Ethereum...we are in the market for crypto-investments, programmers and early adopters....Turing-complete is a competitive threat against Nxt.
One thing is for sure a Turing-Complete Nxt would have much more marketing WOW than 1000 TPS Nxt.
I think everyone can clearly see that fact with Ethereum.
I think everyone can clearly see that fact with Ethereum.
Actually - I don't see it (and I knew about that project before most others). Average people don't even know who Alan Turing is and I think would understand something like "can process transactions as fast as VISA can" much better than something that is "Turing complete" (they would probably say "oh - so did this Turing guy forget to complete something and why is it that we need to do that now?").
On the fees - I'd go with divide it by 10 (so 0.1) and see how that goes first before perhaps dividing by 10 again (maybe that won't be necessary for some months).
One thing is for sure a Turing-Complete Nxt would have much more marketing WOW than 1000 TPS Nxt.
I think everyone can clearly see that fact with Ethereum.
I think everyone can clearly see that fact with Ethereum.
Actually - I don't see it (and I knew about that project before most others). Average people don't even know who Alan Turning is and I think would understand something like "can process transactions as fast as VISA can" much better than something that is "Turing complete" (they would probably say "oh - so this Turing guy forget to complete something and why is it that we need to do that now?").
On the fees - I'd go with divide it by 10 (so 0.1) and see how that goes first before perhaps dividing by 10 again (maybe that won't be necessary for some months).
I agree. Only programmers know what Turing complete is.
"As fast as VISA". As a customer, that means nothing to me. I just expect things to work flawlessly on the business owner side.
And as a business owner, I would also expect transactions as good as VISA - but I wouldn't really start thinking my dillema with "Is this as good as VISA?"
Most people have no clue. These marketing propositions and slogans like "better than VISA"...who gives a care about something like this?
Ok maybe it's an "eye-brow" raiser when you hear "better than VISA", or "Turium complete" - and that's only if you have a bit of a clue what that implies - for everyone else this means nothing.
As an business and as a customer you want things to have an advantage, which is mostly about price, the technical side is only from those who take care of that.
I vote for 0.01 fee. Makes currency more attractive
fee 0.1 to start
One thing is for sure a Turing-Complete Nxt would have much more marketing WOW than 1000 TPS Nxt.
I think everyone can clearly see that fact with Ethereum.
I think everyone can clearly see that fact with Ethereum.
Actually - I don't see it (and I knew about that project before most others). Average people don't even know who Alan Turing is and I think would understand something like "can process transactions as fast as VISA can" much better than something that is "Turing complete" (they would probably say "oh - so did this Turing guy forget to complete something and why is it that we need to do that now?").
On the fees - I'd go with divide it by 10 (so 0.1) and see how that goes first before perhaps dividing by 10 again (maybe that won't be necessary for some months).
Think competition.
What Ethereum? It's sliding from Beta to Pre-Alpha...
Concerning min. fee: 0.1
Time to move to smaller fees. What MIN fee should we set? Remember that lower values make it cheaper to bloat the blockchain.
Discuss.
Discuss.
Is that poll we had void?
Kinda. Polls can be faked, so just post ur opinion.
Think competition.
Understand that *because* of their design our "Turing complete" competitor will *never* be able to do as many TPS (they will probably end up unable to even do as many as Bitcoin).
I don't think we should be trying to compete in that space - personally I think some sort of separate blockchain for such "luxuries" would probably be a better move.
Also as much as I admire Alan Turing's achievements I don't think his name is going to be much in the way of a great marketing angle.
On the fees - I'd go with divide it by 10 (so 0.1) and see how that goes first before perhaps dividing by 10 again (maybe that won't be necessary for some months).
+1
If it is not much works needed on coding side, just divide 10 incrementally making 0.1 NXT
Time to move to smaller fees. What MIN fee should we set? Remember that lower values make it cheaper to bloat the blockchain.
Discuss.
Discuss.
Is that poll we had void?
Good question. We just voted on this same issue only weeks ago. Are the results not counted?
One thing is for sure a Turing-Complete Nxt would have much more marketing WOW than 1000 TPS Nxt.
I think everyone can clearly see that fact with Ethereum.
I think everyone can clearly see that fact with Ethereum.
You cannot be serious with this statement. What percentage of people have even heard the phrase "Turing-Complete"? What percentage of people hate standing around waiting for that little machine to spit out their Visa slip?
Is that poll we had void?
I think CfB had said something along the lines of "voting should not be via forum polls but instead via posts" presumably made into this topic.
If you can wait until tomorrow we can use NXTvote for this.
One thing is for sure a Turing-Complete Nxt would have much more marketing WOW than 1000 TPS Nxt.
I think everyone can clearly see that fact with Ethereum.
I think everyone can clearly see that fact with Ethereum.
Actually - I don't see it (and I knew about that project before most others). Average people don't even know who Alan Turing is and I think would understand something like "can process transactions as fast as VISA can" much better than something that is "Turing complete" (they would probably say "oh - so did this Turing guy forget to complete something and why is it that we need to do that now?").
On the fees - I'd go with divide it by 10 (so 0.1) and see how that goes first before perhaps dividing by 10 again (maybe that won't be necessary for some months).
Think competition.
Is that poll we had void?
I think CfB had said something along the lines of "voting should not be via forum polls but instead via posts" presumably made into this topic.
One thing is for sure a Turing-Complete Nxt would have much more marketing WOW than 1000 TPS Nxt.
I think everyone can clearly see that fact with Ethereum.
I think everyone can clearly see that fact with Ethereum.
Actually - I don't see it (and I knew about that project before most others). Average people don't even know who Alan Turing is and I think would understand something like "can process transactions as fast as VISA can" much better than something that is "Turing complete" (they would probably say "oh - so did this Turing guy forget to complete something and why is it that we need to do that now?").
On the fees - I'd go with divide it by 10 (so 0.1) and see how that goes first before perhaps dividing by 10 again (maybe that won't be necessary for some months).
Time to move to smaller fees. What MIN fee should we set? Remember that lower values make it cheaper to bloat the blockchain.
Discuss.
0.01 NxtDiscuss.
Time to move to smaller fees. What MIN fee should we set? Remember that lower values make it cheaper to bloat the blockchain.
Discuss.
Start with 0.25. After this we will make it 0.1. Later 0.01. Discuss.
Time to move to smaller fees. What MIN fee should we set? Remember that lower values make it cheaper to bloat the blockchain.
Discuss.
Discuss.
Hmmm...i like the drama of gold on black, but I can see your point. Maybe slightly too Evil....
I'll have a fiddle with colours if i get some time later on.
Any feedback on text or layout ?
I'll have a fiddle with colours if i get some time later on.
Any feedback on text or layout ?
Text and layout are fine. Good readability, especially for a sticker with those dimensions.
Personally I would make a sticker with the color scheme of the nxtcrypto site.
Keep everything in the same style, so that it's easily recognizable, for now at least.
Wouldn't it also be wise to choose one logo as THE logo? The "think green" one is especially pleasing and clever:
- It promotes eco-friendliness
- It shows it's a
- nxtcrypto.org is mentioned
- It has those NXT symbols
And it's very distinct.
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