Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1153. (Read 2761626 times)

legendary
Activity: 1176
Merit: 1134
I'm happy to have gotten us all back on track

@CfB - so, details on the 1000 TPS NXT block chain.   At 128 bytes per transaction, do you agree NXT is adding 10 GB per day to the blockchain if each transaction is carried along in it forever?  Is this practical, or will NXT be doing ongoing blockchain pruning somehow instead?  If so, what is the max size of the NXT blockchain in 1000 TPS mode?  

Volume of data on a hard disk doesn't matter. We just have to guess min fee correctly.
smartphones dont have terabyte of storage, maybe they do in Belarus?
legendary
Activity: 2142
Merit: 1010
Newbie
I'm happy to have gotten us all back on track

@CfB - so, details on the 1000 TPS NXT block chain.   At 128 bytes per transaction, do you agree NXT is adding 10 GB per day to the blockchain if each transaction is carried along in it forever?  Is this practical, or will NXT be doing ongoing blockchain pruning somehow instead?  If so, what is the max size of the NXT blockchain in 1000 TPS mode? 

Volume of data on a hard disk doesn't matter. We just have to guess min fee correctly.
sr. member
Activity: 644
Merit: 250
I don't often buy Cryptocurrencies,
but when I do, I buy NXT.

NXT brought me here! Very interesting. Keep up the good work!

lol

Welcome Hacer88!
sr. member
Activity: 644
Merit: 250
When the fiat currencies start to fail, one after another, people will need crypto to carry on commerce.

Fiat "debt as money" currencies are already failing the people who trade their labor for the currency.  A particular fiat currency may cease to exist, but the "debt as money" scheme will always be around as long as people are uninformed and lack alternative options.

Work should equal freedom.  Currently, it does not.
member
Activity: 80
Merit: 10
I don't often buy Cryptocurrencies,
but when I do, I buy NXT.

NXT brought me here! Very interesting. Keep up the good work!
legendary
Activity: 1176
Merit: 1134
@James

You mentioned that a part of your NxtCommunityfund will be paid on marketing....you should initiate this immediately....we run two separate marketing campaigns.


Let both marketing campaigns compete to product more results for Nxt.


In order to properly budget the NXTcommunityfund, I need to find out what is happening to the unclaimed NXT. Remember, I can only allocate one third of the fund to marketing, so it is actually not so much compared to the 3 million authorized from unclaimed NXT.

It seems that very soon, we will get clarity on the issue. I do believe the trade shows funding request got approved with flying colors.

Are there unfunded marketing campaigns that are super time sensitive?


the 3 million will be paid out in parts on a monthly basis on the 18th of each month for the next year....that is confirmed.

after CfB leaves is post it will be managed by the funding committee....but the terms will not change.
CfB, please confirm this.

James
legendary
Activity: 1176
Merit: 1134
TL:DR version:
Global Warming ignored by EvilDave, me think air pollution bad, too much CO2 probably bad.
Trees good, clean cooking in poor countries good.
NXT run on computers, computer burn electricity, electricity making dirty.
Compensate dirty electricity, plant nice clean trees, make clean cookers.
Give EvilDave much money, he make happen.
Make big pile money work forging, make more money for future. Buy beer.

So... instead of Nxt being awarded for its ground-breaking energy conservation... its minimal footprint should still be "taxed"!?!    Shocked

I am truly sorry... but you might have tried to remain GW neutral... but your whole proposition is based on that premise.
Now, now. No politics here. Just an effort to leverage a super hot button. More press is good. For whatever reason, this issue will get a lot of coverage and resonance. THAT is what is important to me.

Nobody is taxing anybody. The way I see it, it is a cost of being able to run this type of campaign. It is actually quite novel. People have complained that marketing wasn't doing anything but making videos and writing articles. Now they come up with something that is clearly neither of those.

I am tempted to experiment with this. Just to see how it will work. I am just having sticker shock at an entire years purchase...

James
hero member
Activity: 910
Merit: 1000
my dad is a world famous ecology prof, so maybe I could provide some expertises or get forwarded to even more active people (+ big contacts with green party, societies, academics and third world countries)

I see nice opportunities. Let's keep this in mind.
full member
Activity: 168
Merit: 100
Here a little light reading for u guys, looks like I finished it at a very appropriate moment:

EvilDaves totally non-evil Carbon-offset program for NXT

my dad is a world famous ecology prof, so maybe I could provide some expertises or get forwarded to even more active people (+ big contacts with green party, societies, academics and third world countries)

So your Dad is not my good friend Vaclav Klaus, the best politician ever from the Tchech Republic.
legendary
Activity: 2184
Merit: 1000
@James

You mentioned that a part of your NxtCommunityfund will be paid on marketing....you should initiate this immediately....we run two separate marketing campaigns.


Let both marketing campaigns compete to product more results for Nxt.


In order to properly budget the NXTcommunityfund, I need to find out what is happening to the unclaimed NXT. Remember, I can only allocate one third of the fund to marketing, so it is actually not so much compared to the 3 million authorized from unclaimed NXT.

It seems that very soon, we will get clarity on the issue. I do believe the trade shows funding request got approved with flying colors.

Are there unfunded marketing campaigns that are super time sensitive?


the 3 million will be paid out in parts on a monthly basis on the 18th of each month for the next year....that is confirmed.

after CfB leaves is post it will be managed by the funding committee....but the terms will not change.
legendary
Activity: 1176
Merit: 1134
While saving energy and being eco-friendly is a strong argument in Nxt's favor, let's not forget that even more importantly Nxt gives people economic freedom.  This is the most important freedom of all.  You can give people every other freedom in the world, but without economic freedom it means nothing.  They are still slaves to the "debt as money" usury capitalists.

Bitcoin is broken because the security of the network can be forcibly compromised by third-parties.  Nxt's security does not have this issue.  A third-party would have to hold over 90% of all the currency to destroy Nxt.  To destroy Bitcoin, a third-party would only have to have over 51% of the network processing power.  Any entity can purchase tons of ASICs and destroy Bitcoin.

Even 33% attacks are possible for bitcoin. A financial attack (massive buys for all NXT) will probably not get more than 90%, so we are safe even from that.

There is a guy in France who wants to create a totally NXT based society. I thought it was kind of cool. Buy a cow with NXT!

When the fiat currencies start to fail, one after another, people will need crypto to carry on commerce.

James
hero member
Activity: 910
Merit: 1000
legendary
Activity: 1176
Merit: 1134
@James

You mentioned that a part of your NxtCommunityfund will be paid on marketing....you should initiate this immediately....we run two separate marketing campaigns.


Let both marketing campaigns compete to product more results for Nxt.


In order to properly budget the NXTcommunityfund, I need to find out what is happening to the unclaimed NXT. Remember, I can only allocate one third of the fund to marketing, so it is actually not so much compared to the 3 million authorized from unclaimed NXT.

It seems that very soon, we will get clarity on the issue. I do believe the trade shows funding request got approved with flying colors.

Are there unfunded marketing campaigns that are super time sensitive?

********
CfB, you said you would prefer to delegate the management of the 3M NXT for marketing. Have you decided who you will delegate it to?

James
sr. member
Activity: 644
Merit: 250
While saving energy and being eco-friendly is a strong argument in Nxt's favor, let's not forget that even more importantly Nxt gives people economic freedom.  This is the most important freedom of all.  You can give people every other freedom in the world, but without economic freedom it means nothing.  They are still slaves to the "debt as money" usury capitalists.

Bitcoin is broken because the security of the network can be forcibly compromised by third-parties.  Nxt's security does not have this issue.  A third-party would have to hold over 90% of all the currency to destroy Nxt.  To destroy Bitcoin, a third-party would only have to have over 51% of the network processing power.  Any entity can purchase tons of ASICs and destroy Bitcoin.
hero member
Activity: 490
Merit: 504
Here a little light reading for u guys, looks like I finished it at a very appropriate moment:

EvilDaves totally non-evil Carbon-offset program for NXT

my dad is a world famous ecology prof, so maybe I could provide some expertises or get forwarded to even more active people (+ big contacts with green party, societies, academics and third world countries)
legendary
Activity: 2184
Merit: 1000
@James

You mentioned that a part of your NxtCommunityfund will be paid on marketing....you should initiate this immediately....we run two separate marketing campaigns.


Let both marketing campaigns compete to product more results for Nxt.

legendary
Activity: 2142
Merit: 1010
Newbie
I don't often generate an NXT password, but when I do, I use 50+ random characters from Google Awesome Password Generator ( http://code.google.com/p/awesome-password-generator/ ).

Reminded me:

I don't often buy NXT,
but when I do, I beg for them


PS: We could create a collection of these "I don't often..." memes.
sr. member
Activity: 644
Merit: 250
Do you think it is a good time to buy right now (~0,000080)?

You'll probably be able to buy at 0.00007-0.000075 within next couple of days. But something might happen, for instance Cryptsy may ad Nxt or Nexern release the client. In this case price will go up.

I was buying at 0.000069-0.000076 the last week. The price went under 0.00008 several times and then climbed back.
We need emule!

lol
legendary
Activity: 1176
Merit: 1134
Do you think it is a good time to buy right now (~0,000080)?

You'll probably be able to buy at 0.00007-0.000075 within next couple of days. But something might happen, for instance Cryptsy may ad Nxt or Nexern release the client. In this case price will go up.

I was buying at 0.000069-0.000076 the last week. The price went under 0.00008 several times and then climbed back.
We need emule!
legendary
Activity: 1806
Merit: 1001
Do you think it is a good time to buy right now (~0,000080)?

You'll probably be able to buy at 0.00007-0.000075 within next couple of days. But something might happen, for instance Cryptsy may ad Nxt or Nexern release the client. In this case price will go up.

I was buying at 0.000069-0.000076 the last week. The price went under 0.00008 several times and then climbed back.
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