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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1147. (Read 2761626 times)

hero member
Activity: 910
Merit: 1000
Ok, we need 3 founders who are trustworthy and we don't want need in the 'subcommittees'.
legendary
Activity: 1176
Merit: 1134

Then please change the name. subcommittee means it is subject to the main committee, not the other way around. Words mean things, stuff like this can be easily misinterpreted

lets not get stuckup on semantics...but I agree
Thanks. Can we agree on "Trusted 7" (or N if we end up with something other than 7)
and just "Marketing committee", "Tech committee" and "Infrastructure committee"

This would clearly indicate that the Trusted 7 are holding the funds but the committees are independently deciding how to spend the funds

See no reason in "Infrastructure committee" as well as in "Marketing committee" and "Tech committee". Seven (or five) people is enough to make a decision on any matter.
Pouncer's suggestion is brilliant
legendary
Activity: 2184
Merit: 1000

Then please change the name. subcommittee means it is subject to the main committee, not the other way around. Words mean things, stuff like this can be easily misinterpreted

lets not get stuckup on semantics...but I agree
Thanks. Can we agree on "Trusted 7" (or N if we end up with something other than 7)
and just "Marketing committee", "Tech committee" and "Infrastructure committee"

This would clearly indicate that the Trusted 7 are holding the funds but the committees are independently deciding how to spend the funds

See no reason in "Infrastructure committee" as well as in "Marketing committee" and "Tech committee". Seven (or five) people is enough to make a decision on any reason.

Specialization....each committee will be specialized in what it does.....marketing guys don't really know about infrastructure etc.
legendary
Activity: 1176
Merit: 1134
There has to be some debate on my proposal. I must have made some mistakes somewhere. Does everybody agree with this:

**************
Proposal for Unclaimed NXT

I suggest we put up a slate of 7 trusted members that the thread discussing this will recommend. Then we put it up for an up or down vote.

If approved, the unclaimed NXT are divided among the trusted 7. They will be obligated to disburse funds that are approved by a marketing committee (3 Million NXT) and a tech committee (5 Million NXT) and an infrastructure committee (1 Million Nxt).

The election to the marketing, tech and infrastructure committees are independent from the decentralization of the unclaimed NXT. This means we can independently figure out who is on the three different committees and as soon as one group is formed, projects can be funded.

The community has already decided on 250,000 NXT per month for Marketing, so the marketing committee task is to figure out how best to allocate that budget.

tech and infrastructure committees have not formed yet, but we don't need to figure out all the details for getting the trusted 7 members in place.
**************

James

Nice idea. But we should leave this to the committee. If they fuck up, they fuck up.
Please clarify. Leave what up to the committee? Are you saying to revisit the allocation to marketing? Are you saying to not separate funding decisions from disbursement ability?

I retract my statement. I don't have an opinion on this.

Can we agree on "Trusted 7" (or N if we end up with something other than 7)
and just "Marketing committee", "Tech committee" and "Infrastructure committee"
This would clearly indicate that the Trusted 7 are holding the funds but the committees are independently deciding how to spend the funds

No. Let's pretend we have 12 trustworthy (that's a lot) and capable nominees when we vote. 7 go straight to the Trusted 7 (in no particular order. maybe all our marketing guys are in it). This leaves us with 5 random guys who maybe have no clue about marketing, dev, or infrastructure. And the Trusted 7 sitting there, brilliant things in their mind, and nothing happens.

Wrong?
Pouncer's proposal is a million times better than mine!
hero member
Activity: 910
Merit: 1000
This is my simplified suggestion.

Select 3 founders to be treasurers for the unclaimed funds.
One to hold marketing, tech & infra respectively.
Treasurers will not sit in any committee

Make this selection simple & fast by putting up 3 names and waiting for no objection (1-2 days) period. Any objections should be followed by a good reason. I suggest jl777 propose the 3 names.

Once this is settled, we can do the nomination/election process for the 3 committees.

What this will solve:
1. Unlikely for founders to "run away" with the trusted funds.
2. They will be in for the long haul
3. They voluntarily give up their right to decide on the usage of funds. Founders will not be seen as monopolising the decision making process, thereby pleasing the opponents of 1NXT = 1Vote to a certain extend.
4. Gives more opportunities to other stakeholders to participate in building up Nxt.

Less is more. I like it.

What about 5-7 guys, sitting on unclaimed funds, making polls about bounties (or not). Simple. If they run away: shit happens. Don't make it too complicated. They put ideas to discussion for the community, they make polls, blahblahblah...
legendary
Activity: 1176
Merit: 1134
This is my simplified suggestion.

Select 3 founders to be treasurers for the unclaimed funds.
One to hold marketing, tech & infra respectively.
Treasurers will not sit in any committee

Make this selection simple & fast by putting up 3 names and waiting for no objection (1-2 days) period. Any objections should be followed by a good reason. I suggest jl777 propose the 3 names.

Once this is settled, we can do the nomination/election process for the 3 committees.

What this will solve:
1. Unlikely for founders to "run away" with the trusted funds.
2. They will be in for the long haul
3. They voluntarily give up their right to decide on the usage of funds. Founders will not be seen as monopolising the decision making process, thereby pleasing the opponents of 1NXT = 1Vote to a certain extend.
4. Gives more opportunities to other stakeholders to participate in building up Nxt.
If the founders are willing to do this, then that would certainly be the best solution! It is much better than my proposal. It even creates a positive PR event!

I have not been here the whole time, so I am not sure that I am the right person to select the Trusted Trinity, but I would say three out of klee, bybitcoin, neer.g and of course Pouncer. I am not sure the availability of the four. If all four are able and willing, then the ones with the biggest stakes left.

James
legendary
Activity: 1806
Merit: 1001

Then please change the name. subcommittee means it is subject to the main committee, not the other way around. Words mean things, stuff like this can be easily misinterpreted

lets not get stuckup on semantics...but I agree
Thanks. Can we agree on "Trusted 7" (or N if we end up with something other than 7)
and just "Marketing committee", "Tech committee" and "Infrastructure committee"

This would clearly indicate that the Trusted 7 are holding the funds but the committees are independently deciding how to spend the funds

See no reason in "Infrastructure committee" as well as in "Marketing committee" and "Tech committee". Seven (or five) people is enough to make a decision on any matter.
legendary
Activity: 2184
Merit: 1000
This is my simplified suggestion.

Select 3 founders to be treasurers for the unclaimed funds.
One to hold marketing, tech & infra respectively.
Treasurers will not sit in any committee

Make this selection simple & fast by putting up 3 names and waiting for no objection (1-2 days) period. Any objections should be followed by a good reason. I suggest jl777 propose the 3 names.

Once this is settled, we can do the nomination/election process for the 3 committees.

What this will solve:
1. Unlikely for founders to "run away" with the trusted funds.
2. They will be in for the long haul
3. They voluntarily give up their right to decide on the usage of funds. Founders will not be seen as monopolising the decision making process, thereby pleasing the opponents of 1NXT = 1Vote to a certain extend.
4. Gives more opportunities to other stakeholders to participate in building up Nxt.

I second this
legendary
Activity: 1806
Merit: 1001

You *really* take the cake, eat it, shit it out and eat it again. So you think that by insulting someone the rest of the valid arguments become invalid? Hahaa that's a fallacy fallacy. Cute, long time since I seen it Smiley
And if you read my post you will already know that I raped and impregnated your reasoning on the matter. You actually thought that the consensus had shifted from global warming to climate change because of "record lows". You don't even understand rudimentary science and then you want to discredit 97% of experts? Jesus... And I already told you why I brought up consensus, Dzar was SPECIFICALLY asking for it. I never said "Global warming is true due to consensus" so that's just a strawman fallacy to accompany your other fallacies.

The fact that you bring up the Nazi argument is just so funny that Occam Razor force me to think you are at roll.
I will never ever answer another message from you.

Lol. Okay then. http://youtu.be/0gDErDwXqhc

This Uniqueorn clown is in my ignor list for a long time already, and seeing some of his latest messages through your quotes, I think I made the right decision  Grin

I think Uniqueorn is a smart, reasonable and valued member of the community.
hero member
Activity: 910
Merit: 1000
There has to be some debate on my proposal. I must have made some mistakes somewhere. Does everybody agree with this:

**************
Proposal for Unclaimed NXT

I suggest we put up a slate of 7 trusted members that the thread discussing this will recommend. Then we put it up for an up or down vote.

If approved, the unclaimed NXT are divided among the trusted 7. They will be obligated to disburse funds that are approved by a marketing committee (3 Million NXT) and a tech committee (5 Million NXT) and an infrastructure committee (1 Million Nxt).

The election to the marketing, tech and infrastructure committees are independent from the decentralization of the unclaimed NXT. This means we can independently figure out who is on the three different committees and as soon as one group is formed, projects can be funded.

The community has already decided on 250,000 NXT per month for Marketing, so the marketing committee task is to figure out how best to allocate that budget.

tech and infrastructure committees have not formed yet, but we don't need to figure out all the details for getting the trusted 7 members in place.
**************

James

Nice idea. But we should leave this to the committee. If they fuck up, they fuck up.
Please clarify. Leave what up to the committee? Are you saying to revisit the allocation to marketing? Are you saying to not separate funding decisions from disbursement ability?

I retract my statement. I don't have an opinion on this.

Can we agree on "Trusted 7" (or N if we end up with something other than 7)
and just "Marketing committee", "Tech committee" and "Infrastructure committee"
This would clearly indicate that the Trusted 7 are holding the funds but the committees are independently deciding how to spend the funds

No. Let's pretend we have 12 trustworthy (that's a lot) and capable nominees when we vote. 7 go straight to the Trusted 7 (in no particular order. maybe all our marketing guys are in it). This leaves us with 5 random guys who maybe have no clue about marketing, dev, or infrastructure. And the Trusted 7 sitting there, brilliant things in their mind, and nothing happens.

Wrong?
sr. member
Activity: 252
Merit: 250
This is my simplified suggestion.

Select 3 founders to be treasurers for the unclaimed funds.
One to hold marketing, tech & infra respectively.
Treasurers will not sit in any committee

Make this selection simple & fast by putting up 3 names and waiting for no objection (1-2 days) period. Any objections should be followed by a good reason. I suggest jl777 propose the 3 names.

Once this is settled, we can do the nomination/election process for the 3 committees.

What this will solve:
1. Unlikely for founders to "run away" with the trusted funds.
2. They will be in for the long haul
3. They voluntarily give up their right to decide on the usage of funds. Founders will not be seen as monopolising the decision making process, thereby pleasing the opponents of 1NXT = 1Vote to a certain extend.
4. Gives more opportunities to other stakeholders to participate in building up Nxt.
legendary
Activity: 2142
Merit: 1010
Newbie
http://historyofbitcoin.org/

We could have similar thingie...
legendary
Activity: 1176
Merit: 1134
the Fellowship.... Grin  ...one committee to rule them all.

Aye, so we could call them The Dwarf-lords, coz

Quote
...Seven for the Dwarf-lords in their halls of stone...
CfB, it seems to me that there aren't any real objections to the proposed Process. How to proceed from here? Since the Process doesn't actually select any specific people or determine any actual spending, I am hopeful that it will be acceptable.

Edit: The ratio of tech to infrastructure should be changed to make sure we can fund the hubs to support 1000TPS
sr. member
Activity: 952
Merit: 253
Reply from Bittylicious - I am keeping on at them and trading on their site...
They may even let me offload my QRK for GBP in which case I can buy more NXT Smiley

From Marc@Bittylicious
Quote
Hi,

I would like to offer NXT at some point, and in fact have the NXT client running, but allowing it to be sold would involve some development effort at the back end so it can't go live in the very near future.

Marc
full member
Activity: 164
Merit: 100
I just designed and 3d-printed a NXT-keychain Smiley





I posted some pictures including Nxt client screen shot, Nxt Key chain at my weibo ( http://weibo.com/nxtpi ) today, and then got a comment suggesting to distribute some key chain to the users for marketing and promotion Nxt.

I think it's a good idea to print/manufacture the Nxt logo Key chain and distribute them with the flyers in the following conference.


I can provide the 3d files or do some modifications on the design if you want.
newbie
Activity: 37
Merit: 0
Result AM contest:


1) passion_ltc                         55 (23.9%) 50,000 NXT to 13337237365691622237
2) Minusbalancer                         53 (23%)   30,000 NXT to 5687942189255392308
3) landomata (Nxtty Messenger)   42 (18.3%) 20,000 NXT to 485245472715464717


4) Marcus03                         21 (9.1%) 15,000 NXT to 1758531264253431177
4) nxtru                                 21 (9.1%) 15,000 NXT to 6488861056876578743
4) getfun12345                         21 (9.1%) 15,000 NXT to 5693933960808456307
5) scor2k                                 17 (7.4%) 15,000 NXT to 13506390574400724639

Total Voters:  230  Shocked

Pretty strange result... I had like 4 votes just a few hours ago...

I know something strange happend... but can we find ourselves in the results?

I got a proof that one guy offered to fake the result by using a lot of sockpuppet accounts. He asked for part of the reward. We shouldn't use reward polls next time.

This time I'll send 22'857 NXT to each account.

DONE

Thank you very much. I think it's a shame that this happened.


+1

Thank you very much.
legendary
Activity: 2184
Merit: 1000
the Fellowship.... Grin  ...one committee to rule them all.

Aye, so we could call them The Dwarf-lords, coz

Quote
...Seven for the Dwarf-lords in their halls of stone...

 Cheesy  lmao
legendary
Activity: 2142
Merit: 1010
Newbie
the Fellowship.... Grin  ...one committee to rule them all.

Aye, so we could call them The Dwarf-lords, coz

Quote
...Seven for the Dwarf-lords in their halls of stone...

PS: I feel myself as Frodo...
hero member
Activity: 840
Merit: 1002
Simcoin Developer

You *really* take the cake, eat it, shit it out and eat it again. So you think that by insulting someone the rest of the valid arguments become invalid? Hahaa that's a fallacy fallacy. Cute, long time since I seen it Smiley
And if you read my post you will already know that I raped and impregnated your reasoning on the matter. You actually thought that the consensus had shifted from global warming to climate change because of "record lows". You don't even understand rudimentary science and then you want to discredit 97% of experts? Jesus... And I already told you why I brought up consensus, Dzar was SPECIFICALLY asking for it. I never said "Global warming is true due to consensus" so that's just a strawman fallacy to accompany your other fallacies.

The fact that you bring up the Nazi argument is just so funny that Occam Razor force me to think you are at roll.
I will never ever answer another message from you.

Lol. Okay then. http://youtu.be/0gDErDwXqhc

This Uniqueorn clown is in my ignor list for a long time already, and seeing some of his latest messages through your quotes, I think I made the right decision  Grin
legendary
Activity: 2184
Merit: 1000

This would clearly indicate that the Trusted 7 are holding the funds but the committees are independently deciding how to spend the funds
"The Magnificent 7" or "Trusted7" ...main thing is that they come together.

Chosen ones...

the Fellowship.... Grin  ...one committee to rule them all.
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