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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1125. (Read 2761627 times)

legendary
Activity: 1176
Merit: 1134
CfB,

How long would it take for you to implement an escrow API?



James

This type of functionality will be enabled as part of the Account Control feature, ETA April.
Any details on API calls for escrow would be much appreciated
full member
Activity: 210
Merit: 100
CfB,

How long would it take for you to implement an escrow API?



James

This type of functionality will be enabled as part of the Account Control feature, ETA April.
legendary
Activity: 1176
Merit: 1134
CfB,

How long would it take for you to implement an escrow API? Not sure of all the arguments I need, but at the high level:

escrow NXT for acct # -> [transaction id]

release escrow [transaction id] -> NXT is transfered to acct #

probably need a cancel escrow [transaction id] that only receiving acct # is able to submit without error.

I would imagine that on escrow, the NXT is sent to special acct and upon release (or cancel) it comes out of the special acct.

James
full member
Activity: 238
Merit: 100
Hi all,

Could we simulate the 1000TPS?

I think that it would be great as a marketing tool for salscz while comparing it to bitcoin.

Talking about something vs actually demonstrating it, are two different thing... and it will also serve as "proof of ability/technology"

+1

Conduct a simulation and get some numbers, figures, plots for a demo show during the conference is a great marketing, which suggests Nxt's potential though there's only not more than 1 TPS at present.

BTW, as the number of users increase, the fee decrease, the number of tx will also increase a lot. Say the fee 1/10, the AM will be more popular and tx number will increase more than 10X, so we may get 10~100 TPS in April.


member
Activity: 112
Merit: 10
How can accelerate confirmations of transactions to be effective as soon as possible.
Because 1440 confirmations is not 24 hours, but rather ~48 hours.
Is a long time, is there any way to force confirmations via API?
member
Activity: 67
Merit: 10
A big thank you to the donor of 2000 NXT to my website and social networking account.! It's definitely a morale booster and I appreciate it very much!

Can you disclose the total amount of donations, this would help in figuring out how much to delegate.

is this appropriate?  private donations should not be required to be delegated

I think you misunderstood.  I wanted to know how much QBTC received in donations just to figure out how much more we should give.  I donated 25k to her a month ago for example.

That's easy, just check my marketing account. Money in equals donations. Some earlier ones given around the logo discussions...

Thank you for your generosity msin! Yours were also some of the first words of encouragement. I appreciate it.
legendary
Activity: 1176
Merit: 1134
Nxt Ad Server
I've been talking to people at inclick.net about integrating Nxt support into their ad server.  The are saying they would be willing to add such support for the right price, which is to be determined. I wanted to throw the idea out there to see what the community thought.

Money flows through the Network as Nxt
The idea would be that advertisers would load their accounts with Nxt, and would be willing to pay X cents per click on their ads, we'd likely measure the ad prices in dollars and convert the fee for now due to price stability concerns but send the appropriate number of Nxt from the advertiser to the publisher upon someone clicking on an ad, and using inclick.net, the ads are contextual and try to match what is on the page, similar to Google Adsense.

Forgers are rewarded anytime someone clicks on an ad
Where it gets cool in my opinion is that anytime someone clicks on an ad, we would take some profit from the money going from advertiser to publisher and split it between the company and the current Nxt forger.  Meaning increased and hopefully more consistent amounts made by forgers.  We would need to be able to support payments smaller than 1 nxt to the forgers as this would likely be less than 1 Nxt that we could afford to give away per click but I'm sure that would be worked out with the Nxt team if we are offering to 'give away' free Nxt.

Share Ad Revenue with people who share your article and therefore send you 'free' traffic
The other cool and unique feature is that we would allow people showing our ads to add a little button similar to a 'share on facebook' button, this allows people to share a link to this website that is displaying the ads, probably within an article and in exchange they too would split the money the publisher earns for any ad clicks generated by traffic sent by the person sharing the website. So for example Bob links to Alices article. If Charlie reads Bob's article, clicks on the link, then clicks on an ad on Alice's website, even on another page, Alice and Bob split the money earned by that click.  I think this is a cool idea by itself, I've spent some time analyzing that business and think it has potential by itself. The advantage is that by using Nxt to pay for shares, we can both get Nxt in the hands of many new people but also eventually have lower transaction fees than fiat and work with micro-transactions easier.

A few example scenarios where this second feature would be appreciated:
-Someone shares a link to a cool website on twitter and earns money by sharing pages that contain our ads, especially if they had a large enough following.
-Someone would like to quote an article within their own article and they get an extra thank you for it, meaning they'll prefer to use links to sites showing our ads, which will get increased traffic.
-Include 'interesting articles' link boxes contextually matched to the website, send traffic to other websites and get paid when they receive clicks on their ads

Final thoughts
I've worked through the math myself and am satisfied that if people were researching a certain topic and came across a website using our 'Earn Nxt for Sharing' System, it would be worth their time to use our links instead of others and could increase the money made by an online article by at least 10%, possibly 20% as opposed to linking to sites that don't use our ads.  Happy to share that math here.

We could seed the ad network using affiliate ads from a place such as commission junction to solve the chicken and egg problem of getting such a network started and initially primarily look for publishers.


What do you think about this idea?

So the question I'd like to know is, how do people feel about this idea?  Agree it's worth the time and money to get it up and running? Currently just testing the water before pushing forward with this.

After much searching, I'd say either going with them of the open source 'Revive' ad network seems like the best choice to me.  using revive would allow easily displaying Google Adsense ads through them and be open source, which is always nice.  Inclick on the other hand claims to prevent people trying to game the system and make fraudulent clicks, which I would consider necessary and seems better developed to me.

I have some money I'd be willing to put toward this idea but I'm sure not enough to finance inclick integrating all of this, if there would be a bounty on such an idea would it be possible to get something in advance, perhaps sent directly to the inclick.net staff to pay them to integrate this?  They say they are willing to do the integration and that the only way to get Nxt to flow through the system is for them to do it.  Again, price is to be negotiated, possibly getting multiple quotes depending upon which features were initially integrated.  Once set-up, I'd be happy to admin the site if I could negotiate a salary/percentage of revenue earned for admining the website. The rest would flow to the investors who make this project possible and the forgers.

Perhaps ideally a decentralized version of this could eventually be run by the Nxt network making the forging fees a little bit more natural but for now it would be centralized.  They already intend to eventually add decentralized file storage which would be useful.  From an advertisers point of view, one plus for decentralizing would be potentially more ads would get through ad-block like systems since they are served by different IP addresses.
Sounds interesting, the more ways we can find for people to use NXT, the better especially if it increases the forging fees.

However, without actual costs I can't analyze if it actually makes sense.  I encourage to push onward and getting more details

James
legendary
Activity: 1512
Merit: 1124
Invest in your knowledge
When is NEXTERN being released?
When is NEXTERN being released?
When is NEXTERN being released?
hero member
Activity: 527
Merit: 503
Nxt Ad Server
I've been talking to people at inclick.net about integrating Nxt support into their ad server.  The are saying they would be willing to add such support for the right price, which is to be determined. I wanted to throw the idea out there to see what the community thought.

Money flows through the Network as Nxt
The idea would be that advertisers would load their accounts with Nxt, and would be willing to pay X cents per click on their ads, we'd likely measure the ad prices in dollars and convert the fee for now due to price stability concerns but send the appropriate number of Nxt from the advertiser to the publisher upon someone clicking on an ad, and using inclick.net, the ads are contextual and try to match what is on the page, similar to Google Adsense.

Forgers are rewarded anytime someone clicks on an ad
Where it gets cool in my opinion is that anytime someone clicks on an ad, we would take some profit from the money going from advertiser to publisher and split it between the company and the current Nxt forger.  Meaning increased and hopefully more consistent amounts made by forgers.  We would need to be able to support payments smaller than 1 nxt to the forgers as this would likely be less than 1 Nxt that we could afford to give away per click but I'm sure that would be worked out with the Nxt team if we are offering to 'give away' free Nxt.

Share Ad Revenue with people who share your article and therefore send you 'free' traffic
The other cool and unique feature is that we would allow people showing our ads to add a little button similar to a 'share on facebook' button, this allows people to share a link to this website that is displaying the ads, probably within an article and in exchange they too would split the money the publisher earns for any ad clicks generated by traffic sent by the person sharing the website. So for example Bob links to Alices article. If Charlie reads Bob's article, clicks on the link, then clicks on an ad on Alice's website, even on another page, Alice and Bob split the money earned by that click.  I think this is a cool idea by itself, I've spent some time analyzing that business and think it has potential by itself. The advantage is that by using Nxt to pay for shares, we can both get Nxt in the hands of many new people but also eventually have lower transaction fees than fiat and work with micro-transactions easier.

A few example scenarios where this second feature would be appreciated:
-Someone shares a link to a cool website on twitter and earns money by sharing pages that contain our ads, especially if they had a large enough following.
-Someone would like to quote an article within their own article and they get an extra thank you for it, meaning they'll prefer to use links to sites showing our ads, which will get increased traffic.
-Include 'interesting articles' link boxes contextually matched to the website, send traffic to other websites and get paid when they receive clicks on their ads

Final thoughts
I've worked through the math myself and am satisfied that if people were researching a certain topic and came across a website using our 'Earn Nxt for Sharing' System, it would be worth their time to use our links instead of others and could increase the money made by an online article by at least 10%, possibly over 20% as opposed to linking to sites that don't use our ads.  Happy to share that math here.

We could seed the ad network using affiliate ads from a place such as commission junction to solve the chicken and egg problem of getting such a network started and initially primarily look for publishers.


What do you think about this idea?

So the question I'd like to know is, how do people feel about this idea?  Agree it's worth the time and money to get it up and running? Currently just testing the water before pushing forward with this.

After much searching, I'd say either going with them of the open source 'Revive' ad network seems like the best choice to me.  using revive would allow easily displaying Google Adsense ads through them and be open source, which is always nice.  Inclick on the other hand claims to prevent people trying to game the system and make fraudulent clicks, which I would consider necessary and seems better developed to me.

I have some money I'd be willing to put toward this idea but I'm sure not enough to finance inclick integrating all of this, if there would be a bounty on such an idea would it be possible to get something in advance, perhaps sent directly to the inclick.net staff to pay them to integrate this?  They say they are willing to do the integration and that the only way to get Nxt to flow through the system is for them to do it.  Again, price is to be negotiated, possibly getting multiple quotes depending upon which features were initially integrated.  Once set-up, I'd be happy to admin the site if I could negotiate a salary/percentage of revenue earned for admining the website. The rest would flow to the investors who make this project possible and the forgers.

Perhaps ideally a decentralized version of this could eventually be run by the Nxt network making the forging fees a little bit more natural but for now it would be centralized.  They already intend to eventually add decentralized file storage which would be useful.  From an advertisers point of view, one plus for decentralizing would be potentially more ads would get through ad-block like systems since they are served by different IP addresses.
legendary
Activity: 1470
Merit: 1004
A big thank you to the donor of 2000 NXT to my website and social networking account.! It's definitely a morale booster and I appreciate it very much!

Can you disclose the total amount of donations, this would help in figuring out how much to delegate.

is this appropriate?  private donations should not be required to be delegated

I think you misunderstood.  I wanted to know how much QBTC received in donations just to figure out how much more we should give.  I donated 25k to her a month ago for example.
full member
Activity: 238
Merit: 100
A big thank you to the donor of 2000 NXT to my website and social networking account.! It's definitely a morale booster and I appreciate it very much!

Can you disclose the total amount of donations, this would help in figuring out how much to delegate.

is this appropriate?  private donations should not be required to be delegated
legendary
Activity: 1470
Merit: 1004
A big thank you to the donor of 2000 NXT to my website and social networking account.! It's definitely a morale booster and I appreciate it very much!

Can you disclose the total amount of donations, this would help in figuring out how much to delegate.
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
3 days isn't a long time Cheesy I am dealing with them for 7.5 days now Cheesy

This is crypto, and lost money is lost money waiting for longer wont bring them back, especially if they don't intent responding to begin with. All I can do now is scream louder and warn everyone. BTER SCAMMED ME. STOLE MY MONEY.
hero member
Activity: 490
Merit: 504
3 days isn't a long time Cheesy I am dealing with them for 7.5 days now Cheesy
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
BTER SCAM BTER SCAM BTER SCAM BTER SCAM BTER SCAM STER SCAM BTER SCAM

Just a precaution you guys BTER has IGNORED MANY MANY reuqests for lost coins of different crypto! (Check the forums around here) I sent an inquiry about topping up my withdraw limit and they responded immediately! but now I lost 100'000.00 NXT due to a bug in thier system and they NEVER replied for a long time now, BE CAREFUL, be VERY CAREFUL it is not a new thing for them to behave like this!

exacts of thier bug:

2 withdraws with the same TxID, this will result with only ONE being sent to the network instead of two.

full member
Activity: 140
Merit: 100
I'm selling 1'366'334 NXT for 100 BTC. Anyone?

I should have added that it's the price with 10% discount to market price.

Why are you selling so much?  Cry

It's all I have left.

I'm going to fund a project but I recalled how easy my last donation was deanonymized. Now buying bitcoins, mixing and buying nxts back is the only reliable way to break links between accounts.

...Or you could have found fatal flaws and are abandoning ship...
hero member
Activity: 490
Merit: 504
All,  Ive asked QBTC to list her out of pocket expenses so far for website.
Okay, the server is on the expensive side. I thought to give NXT the same service I give my website clients and wanted to ensure security and bandwidth accommodation. It is $149 per month. I've just paid the second month for a total of $298. Carrying it through the year would be a total of $1490. $245.77 was spent on advertising. The out-of-pocket is growing, but really, the time spent is most significant and can't be easily measured. How much I continue depends on my inclination to continue to give to the community, I guess.
wrong thread, people Cheesy
please come
https://bitcointalksearch.org/topic/m.4920472
full member
Activity: 171
Merit: 100
I still hope Nxt will have pool forging implemented at some point. come from beyond tweeted about it some time ago.
so everyone gets the same interest % (although very low). that would make it even fair-er.
sr. member
Activity: 404
Merit: 250
https://nxtforum.org/

Okay, the server is on the expensive side. I thought to give NXT the same service I give my website clients and wanted to ensure security and bandwidth accommodation. It is $149 per month. I've just paid the second month for a total of $298. Carrying it through the year would be a total of $1490. $245.77 was spent on advertising. The out-of-pocket is growing, but really, the time spent is most significant and can't be easily measured. How much I continue depends on my inclination to continue to give to the community, I guess.

What did you get?

At the time of this writing 36,040 brand new visitors to the custom website (up to almost 5000 visits a day), 5,860 Facebook fans, 876 Tweets for 793 Twitter followers and 110 Google pluses with 26 people circling Nxt, some activity on Pinterest and some art. I've tried to stay relevant and current, engaging the community with a positive voice, answering questions and even eliminating spreaders of FUD (that felt good!).

I really want to continue helping spread the word and probably will to some extent or another. And, I'm not going to just shut the website down. I'm just raising concerns about taking this level of commitment into the future. My expectations that donations would pour in to cover my time and expenses aren't materializing. For disclosure, after I've gifted some of my initial investment I have @ 330,000 NXT. I'm not a founder or big stakeholder. Obviously I believe in NXT.  I'll trust you to be fair and continue to do my best as long as I can.

It's exciting to be a part of this emerging phenomenon! There are a huge pile of us that are working tirelessly and with passion in a number of capacities –code, development, infrastructure, marketing, etc. I appreciate each one of you! Thank you!

+1 to you my fellow nxter!
This website is the next closest thing to a official nxt website (if nxt is not decentralized this would be the offical website of nxt), i demand some marketing funds to flow through here.
legendary
Activity: 1540
Merit: 1016
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