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.
Topic: NXT :: descendant of Bitcoin - Updated Information - page 1074. (Read 2761638 times)
Quote
Might I suggest that you do not hold your breath as you wait for the apology?
I obviously can’t stay in a community where four words and a stupid smiley makes somebody wish you death and don’t even think about apologizing (don’t bother doing it now in case your consciousness suddenly wakes up, it’s too late).
And I am tired of being one guy on the other side of everybody else. A cohesive community is much more important than stupid arguments.
So that’s the end for me.
Please withdraw all your money from the exchange, it will be closed in a few days.
Thank you to those people who said kind words.
And thank you to the people who were always nice to me, you know who you are, I am going to miss you.
Too bad... I really liked your exchange.
Well, we have to admit that 1000TPS is still possible. For 1000TPS, 300GB blockchain is, maybe, freaking small. Don't you think?
Maybe it is or maybe it isn't (still not quite clear to me) but do we really *need* to be marketing this angle *now*?
As an "average" user, I cba about 1000TPS at this moment.
It´s a nice number I suppose, but the thing we marketed is basically "faster than BTC and doable for everyone".
If we can satisfy both of these with lower specs, I would be happy.
Of course there will be some sneering from people, but f*ck ´em if we still deliver the above and work from there.
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
Release 0.5.12
http://download.nxtcrypto.org/nxt-client-0.5.12.zip
sha256: 30856c5f76b4194d40ece68d480956999ff8072b7b6a78b0be7d9da535dc969a
Change log:
Fixed a critical bug. Everybody should upgrade immediately.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.12 (GNU/Linux)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=UO7x
-----END PGP SIGNATURE-----
Hash: SHA1
Release 0.5.12
http://download.nxtcrypto.org/nxt-client-0.5.12.zip
sha256: 30856c5f76b4194d40ece68d480956999ff8072b7b6a78b0be7d9da535dc969a
Change log:
Fixed a critical bug. Everybody should upgrade immediately.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.12 (GNU/Linux)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=UO7x
-----END PGP SIGNATURE-----
I have no idea. I just know I'd rather have somebody in this thread educate me with a discussion on this topic instead of Turing complete languages.
I think it would be better not to be marketing about 1000+ TPS and CfB seemed to agree that "even 100 TPS would be very good".
Bitcoin can only "theoretically" handle 7 TPS *now* so if Nxt is able to do more than 10x that I think it will be "good enough" for at least a year (and would still put it well in front of the competition).
Well, we have to admit that 1000TPS is still possible. For 1000TPS, 300GB blockchain is, maybe, freaking small. Don't you think?
Maybe it is or maybe it isn't (still not quite clear to me) but do we really *need* to be marketing this angle *now*?
We really not. What we need is developers with some focus. Devs with vision is nice, but this is a clusterfuck.
Well, we have to admit that 1000TPS is still possible. For 1000TPS, 300GB blockchain is, maybe, freaking small. Don't you think?
I have no idea. I just know I'd rather have somebody in this thread educate me with a discussion of this topic instead of Turing complete languages.
Well, we have to admit that 1000TPS is still possible. For 1000TPS, 300GB blockchain is, maybe, freaking small. Don't you think?
Maybe it is or maybe it isn't (still not quite clear to me) but do we really *need* to be marketing this angle *now*?
You get the causality wrong.
Let me explain:
One idea of Nxt was, theoretically, to be able to handle 1000TPS. To dethrone VISA maybe with their bullshit high fees. Some small shop owners lose 50% of there marge today because of VISA. Think about it.
Now, Nxt is the saviour. If we want to get to the Mars/Moon, there needs to be something like "well, no problem, we can easily handle 1000TPS in the future if we want. Just some coding and done". <- This maybe leads to 1000 TPS in the future -> to the mars in the future. Not the other way around.
btw visa handles 2000 TPS on average I believe.
My thinking is clear on this....why?
1) 70% of the world doesn't use VISA but they use MONEY.
2) 70% of the world will have a smartphone by 2015.
3) Smartphone processing speed and storage work to Moore's law.
The above point should give the proper perspective.
CfB, how could you push "1000 TPS" and "solving blockchain bloat" knowing it implied utilizing a 300 GB NXT blockchain that's 20 times bigger than the one Bitcoin has right now? Your certainty on this point was part of the reason I assumed you guys had implemented the finite mini-blockchain...
Well, we have to admit that 1000TPS is still possible. For 1000TPS, 300GB blockchain is, maybe, freaking small. Don't you think?
We just have to adjust marketing stuff like "smartphone forging", "RaspPis secure nxt network" (only working with less TPS) and so on.
And even if Cryptsy adds NXT...so what?
Maybe there will be a bit more redistribution from the top owners. But so what?
NXT is still only recognized in the Crypto world which is tiny.
Maybe there will be a bit more redistribution from the top owners. But so what?
NXT is still only recognized in the Crypto world which is tiny.
I wouldn't expect to become very popular among ordinary people very soon. Let's continue our expansion to the world of finance, the rest of the world won't have another option after Wall Street guys start using Nxt.
Ok. Major shift in marketing mix?
I hope they are still watching this thread to change campaigns
And even if Cryptsy adds NXT...so what?
Maybe there will be a bit more redistribution from the top owners. But so what?
NXT is still only recognized in the Crypto world which is tiny.
Maybe there will be a bit more redistribution from the top owners. But so what?
NXT is still only recognized in the Crypto world which is tiny.
I wouldn't expect to become very popular among ordinary people very soon. Let's continue our expansion to the world of finance, the rest of the world won't have another option after Wall Street guys start using Nxt.
a simple question without being in any way offensive
just in case we get into the world of finance, what makes nxt superior to say xcp, msc, bitshares and ethereum? we cannot handle high frequency trading, the others cannot as well..
when you give proper answer to this and it is technically possbile this should definetely be the way to go.
And even if Cryptsy adds NXT...so what?
Maybe there will be a bit more redistribution from the top owners. But so what?
NXT is still only recognized in the Crypto world which is tiny.
Maybe there will be a bit more redistribution from the top owners. But so what?
NXT is still only recognized in the Crypto world which is tiny.
I wouldn't expect to become very popular among ordinary people very soon. Let's continue our expansion to the world of finance, the rest of the world won't have another option after Wall Street guys start using Nxt.
Ok. Major shift in marketing mix?
The "Wall street guys" word has fallen again xD
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).
Reaching it may be possible but to sustain it over a long period of time would be something else.31 billion transactions if we could maintain 1000 TPS for a year.
If we every reach this level then we're on MAR!....forget MOON!
You get the causality wrong.
Let me explain:
One idea of Nxt was, theoretically, to be able to handle 1000TPS. To dethrone VISA maybe with their bullshit high fees. Some small shop owners lose 50% of there marge today because of VISA. Think about it.
Now, Nxt is the saviour. If we want to get to the Mars/Moon, there needs to be something like "well, no problem, we can easily handle 1000TPS in the future if we want. Just some coding and done". <- This maybe leads to 1000 TPS in the future -> to the mars in the future. Not the other way around.
btw visa handles 2000 TPS on average I believe.
For the record, there was no "theoretically" about 1000 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...
CfB, how could you push "1000 TPS" and "solving blockchain bloat" knowing it implied utilizing a 300 GB NXT monthly blockchain that's 20 times bigger than the one Bitcoin has right now? Your certainty on this point was part of the reason I assumed you guys had implemented JD Bruce's finite mini-blockchain idea...
I am more concerned with marketing campaigns that end up becoming a PR disaster due "ridiculously over optimistic" promises.
I agree with this completely, but it´s hard to market without making false promises if it comes out at a later stage (ie. now) that some things require much more than was initially said.
This happens, and I am aware of that, but BOY, that can blow up in our faces.
I am glad that these things are being discussed, but from my POV I would be much happier if from this point we are much more careful with promising things we won´t be able to deliver by April.
We can of course say the potential is there, and work on thát. If 100 TPS is doable, do it. Don´t aim for something that will just collapse and do so much damage to our image.
If 50 TPS is more realistic, do thát. It´s still way better than te competition.
I fear that all the claims will boomerang mercilessly otherwise.
Edit: at the moment I don´t care about Mars or the Moon, but getting a working space elevator.
Edit 2: still positive, but want to get on with realistic things instead of having to make claims that turn out to have a sting for now.
And even if Cryptsy adds NXT...so what?
Maybe there will be a bit more redistribution from the top owners. But so what?
NXT is still only recognized in the Crypto world which is tiny.
Maybe there will be a bit more redistribution from the top owners. But so what?
NXT is still only recognized in the Crypto world which is tiny.
I wouldn't expect to become very popular among ordinary people very soon. Let's continue our expansion to the world of finance, the rest of the world won't have another option after Wall Street guys start using Nxt.
Ok. Major shift in marketing mix?
And even if Cryptsy adds NXT...so what?
Maybe there will be a bit more redistribution from the top owners. But so what?
NXT is still only recognized in the Crypto world which is tiny.
Maybe there will be a bit more redistribution from the top owners. But so what?
NXT is still only recognized in the Crypto world which is tiny.
I wouldn't expect to become very popular among ordinary people very soon. Let's continue our expansion to the world of finance, the rest of the world won't have another option after Wall Street guys start using Nxt.
Well I like it that you have a strong and confident sense of where this is going.
Jump to: