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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1171. (Read 2761624 times)

sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
Unclaimed coins belong to noone. BCNext said to send them back to the void if the community doesn't come to a consensus.

Thanks for the clarification - so I would simply put forward what I stated as a "last resort for consensus" (i.e. if we can't agree on anything better could we at least agree to do that kind of thing).

I don't doubt there are better ways to use the funds but it's good to at least have a "fallback plan" in case of no other consensus.


I agree. Seems like a good last resort. Big shareholders wouldn't care of these small amounts distributed under their noses.

How much would it be each account would gain?
legendary
Activity: 1092
Merit: 1010
- I propose to allocate 4 * 15k NXT from 10m unclaimed fund for 4th, 5th, 6th and 7th places in this contest. 

All the participants did a good programming work, and they deserve a solid consolation prizes.
That would be great! I think not only marketing is important. IMHO all our programmers have to be supported.
I support this. It is very important to give more bounties for developers.

It's weird: Once we have discussed marketing for a few hours, the idea takes root that we want to spend all on marketing and once we discuss development for a few hours people start to think all Nxt is going there.

I think we are agreed that money needs to go to both and even to projects we haven't even thought of.

This kind of thinking just leads to an unnatural tension between elements that all are needed. No one is proposing to solely focus on one aspect of the whole plan.

This discussion keeps biting us in the ass because somehow we keep forgetting some of these things have been said already. Useless waste of energy.

So far I have seen no one here that wants to grab bucketloads of Nxt because it is fun. Every time someone asked for funding it was for a part of the project they believed in and put many many MANY hours in.

Chill Smiley

legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
Unclaimed coins belong to noone. BCNext said to send them back to the void if the community doesn't come to a consensus.

Thanks for the clarification - so I would simply put forward what I stated as a "last resort for consensus" (i.e. if we can't agree on anything better could we at least agree to do that kind of thing).

I don't doubt there are better ways to use the funds but it's good to at least have a "fallback plan" in case of no other consensus.
hero member
Activity: 854
Merit: 1001
My very quick point before I go into stealth mode to work on the carbon-offset proposal:

Stop bloody ignoring each other !!

It's hard enough to communicate as it is, without important members of the NXT community turning their backs on each other.
It's a community, with a common goal, we need to get along with each other even if we disagree.
 
hero member
Activity: 910
Merit: 1000
Wrong.

It was C-f-B that wrote he would be sending the NXT to the genesis account - perhaps you need to clarify that with him then?

(I am only suggesting what I think would be better than *burning* the NXT - of course there would be many other better things to do with it)


Sorry, I wrote "wrong" in response to salsacz's calculation.
legendary
Activity: 2142
Merit: 1010
Newbie
It was C-f-B that wrote he would be sending the Nxt to the genesis account - perhaps you need to clarify that with him then?

Unclaimed coins belong to noone. BCNext said to send them back to the void if the community doesn't come to a consensus.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
Wrong.

It was C-f-B that wrote he would be sending the NXT to the genesis account - perhaps you need to clarify that with him then?

(I am only suggesting what I think would be better than *burning* the NXT - of course there would be many other better things to do with it)
sr. member
Activity: 376
Merit: 300
- I propose to allocate 4 * 15k NXT from 10m unclaimed fund for 4th, 5th, 6th and 7th places in this contest. 

All the participants did a good programming work, and they deserve a solid consolation prizes.
That would be great! I think not only marketing is important. IMHO all our programmers have to be supported.
I support this. It is very important to give more bounties for developers.
member
Activity: 84
Merit: 10
- I propose to allocate 4 * 15k NXT from 10m unclaimed fund for 4th, 5th, 6th and 7th places in this contest. 

All the participants did a good programming work, and they deserve a solid consolation prizes.
That would be great! I think not only marketing is important. IMHO all our programmers have to be supported.
hero member
Activity: 910
Merit: 1000
this way last payment will be on 18th March and then will 2.8 Million be thrown to the genesis

One suggestion that might have some marketing benefit over effectively "destroying" the NXT would be to send equal amounts to all small account holders (say those of less than 10K whose accounts are older than say Feb 1st).

Rather than making everyone equally richer this approach might help somewhat to answering those critics of the "unfair" initial distribution.


Wrong.

Salsacz's calculation is based on the idea that only the marketing is getting NXT, nobody else. But with the committee, we will of course talk about using NXT for everything.
hero member
Activity: 910
Merit: 1000

I say we just all agree to authorize CfB to repay from unclaimed nxt, to qbtc the amount shes spent so far, along with enough to keep site running til end of year.  Same for other sites.  This shit aint free

+1

https://docs.google.com/spreadsheet/ccc?key=0AgAGADgnQcrtdHRrV3V3Z1lzOXVEMWtqdElUaEtqV1E#gid=15

sites got 1000 NXT.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
this way last payment will be on 18th March and then will 2.8 Million be thrown to the genesis

One suggestion that might have some marketing benefit over effectively "destroying" the NXT would be to send equal amounts to all small account holders (say those of less than 10K whose accounts are older than say Feb 1st).

Rather than making everyone equally richer this approach might help somewhat to answering those critics of the "unfair" initial distribution.
hero member
Activity: 490
Merit: 504
Qbtc is rreferring to the www.nxtcrypto.org site.  She should not have to pay the fefees out of pocket.  Come on people.  Same for joefox on wiki and btc24 on forums and intel for info/download.
Marketing fund.
I We sent 50k + 5k for wiki to cover for last 2 months from the NxtMarketing. There is also a small support for new sites from these funds and there would be support for most important sites that also provide new content... Most important are consultations.. this page is not optimal for new users: http://www.nxtcrypto.org/nxt-coin/client-download but new clients would hopefully solve it

I say we just all agree to authorize CfB to repay from unclaimed nxt, to qbtc the amount shes spent so far, along with enough to keep site running til end of year.  Same for other sites.  This shit aint free

yes, I don't know the history here, she probably won a contest about best web from the unclaimed coins contest, but it was a long time ago
hero member
Activity: 490
Merit: 504
I propose we increase the MARKETING FUND by another 1,500,000 Nxt == Total 4.5 Million:

4,500,000/12 = 375,000 Nxt

It increases the current monthly budget by 125,000 Nxt.


This will increase Nxt value and everyone's investment.


We still stick to the monthly payment plan....paid out on the 18th of each month....next payment is February 18th 2014.



+1

this way last payment will be on 18th March and then will 2.8 Million be thrown to the genesis
legendary
Activity: 1722
Merit: 1217
what did you think? this may be a dry run for something like letstalkbitcoin in the future. did i make any mistakes? did i say anything false?

I thought that u were going to stay anonymous, but u revealed ur name and ur face.

PS: I didn't listen to the interview coz I don't comprehend English speech. Smiley

lol anyone who cared could have figured out my identity. i never guarded it very carefully.

Just want to add my congratulations, too.
Very clearly explained and nice to see a face to Nxt Smiley



Thanks for the kind words friend.
full member
Activity: 238
Merit: 100
Qbtc is rreferring to the www.nxtcrypto.org site.  She should not have to pay the fefees out of pocket.  Come on people.  Same for joefox on wiki and btc24 on forums and intel for info/download.
Marketing fund.
I We sent 50k + 5k for wiki to cover for last 2 months from the NxtMarketing. There is also a small support for new sites from these funds and there would be support for most important sites that also provide new content... Most important are consultations.. this page is not optimal for new users: http://www.nxtcrypto.org/nxt-coin/client-download but new clients would hopefully solve it

I say we just all agree to authorize CfB to repay from unclaimed nxt, to qbtc the amount shes spent so far, along with enough to keep site running til end of year.  Same for other sites.  This shit aint free
hero member
Activity: 840
Merit: 1002
Simcoin Developer
Sorry for the confusion, I am jefdiesel, Can't get my nick changed here.

Have you PM'ed theymos?
hero member
Activity: 490
Merit: 504
Qbtc is rreferring to the www.nxtcrypto.org site.  She should not have to pay the fefees out of pocket.  Come on people.  Same for joefox on wiki and btc24 on forums and intel for info/download.
Marketing fund.
I We sent 50k + 5k for wiki to cover for last 2 months from the NxtMarketing. There is also a small support for new sites from these funds and there would be support for most important sites that also provide new content... Most important are consultations.. this page is not optimal for new users: http://www.nxtcrypto.org/nxt-coin/client-download but new clients would hopefully solve it
full member
Activity: 238
Merit: 100

There is 200 Nxt especially for the conf. Other coins could be borrowed from the same acc from NxtMarketing, but it would be nice to give them back, because conferences have too high budget. There is already a loan for the radio spot (currently 250k). In past there were big discussions about funds, so I quickly published this acc, where I already had 100k before CFB's donation, so then I sent them to the different account.

https://docs.google.com/spreadsheet/ccc?key=0AgAGADgnQcrtdHRrV3V3Z1lzOXVEMWtqdElUaEtqV1E#gid=15

Can you tell the community to which account you have sent 100k please thank you

please quote me he has me on ignore

This is bullshit.  Salsacz, you have been doing a fantastic job.  Takehim off ignore,  hes said he will cut the bullshit out.  You do the same and start workinworking as a team
legendary
Activity: 1181
Merit: 1018
CfB can offer a minimum bound on bandwidth required for 1000 TPS (1 MBS) but can't say how many NXT service nodes that can handle the full blockchain are required.

I forgot about a very important detail. 1000 tps @ 1 Mbps assumes that we use binary protocol. Now all data in protocol is encoded in JSON, this adds 3x-5x overhead.

We have to migrate to binary protocol before switching TF on.

I guess after the migration that the API as we know it now would cease to exist?  If so, how about if we did switch to full TF, but kept JSON transport?  Obviously we couldnt expect 1Mtps then, but could we expect 200Ktps?

If so that should sustain us well long enough to get a testbed setup to convert peerexplorer, block explorers, and custom clients over to a binary transport protocol.

@CfB & Client Devs: I was seriously considering putting the requests sent to the NRS into a separate thread in order not to block the GUI while it is under way. With MANY requests passing back and forth, this can be a real problem, when the GUI seems unresponsive!

Do you guys use a separate NRS-request Thread?  And is this still neccessary when the legacy thing CfB mentioned is droppped?



hi l8orre, initialisation and sending funds are sync, updates while runnning async.
data is completely memory buffered without the need to buy latency via a disk based
database approach. closing the client writes a compressed runtime-image to disk
and loads it in one call to memory when started again. this structure removes problems
with orphaned blocks and not updated transaction confirmations, because the whole
account structure is updated, not incremental but complete. an average account
is loading/updating in 15-30 sec. this way. fast enough even with upcoming lesser block
creation time.

ps: iirc you are using python, just throw the json into a collection during runtime and dump
the collection serialized to disk. it's like a mini redis. superfast robust and easy to handle.
the lastest api improvements removed the need parsing raw blocks and transactions and
you can run an http/https async loop to update the structure in complete without the
need to care about timers and race conditions.


Thanks for the hints! Appreciated!
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