Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1181. (Read 2761624 times)

legendary
Activity: 1176
Merit: 1134
CfB,

I don't think anybody has disagreed with the 3 million NXT from unclaimed funds for marketing. Do you want to continue managing that by running polls, etc. or would you rather delegate that to someone else?

I suggest a directed donation of 3 million NXT to the NXTcommunityfund and let me deal with that headache. I would propose to put Pin in the position for tracking the spending as we know he will be watching it like a hawk. The marketing team would submit a budget each month with proposed expenses and as long as it is reasonable, it gets released.

The next 3 months are the most important times with all the other second gen cryptos coming out. I would much rather overspend by a bit during this period than underspend.

James

No need to centralize more funds, use Nxtcommunityfund to build Nxt infrastructure & keep the current set up with Salsacz as marketing point person for main community marketing fund...as was agreed earlier.

make separate use of both funds....cuz at the moment results are lacking from both.

Edit: we can install Pin to audit the spending of both funds.

As long as it is clear that 3 million unclaimed NXT are allocated to marketing. I just wanted to make sure we won't get a surprise witholding of funding to marketing. Or having to approve everything by polls. We have a marketing team that has achieved results. If anybody has better ideas on how to spend marketing, definitely post your ideas and they will get used. just like writing code takes time, so does marketing. You can't get instant results. As long as we are doing the things that makes sense, then it will take time, but over time the NXT message will get out there.

We do have to get a proactive NXT message out there to counteract the anti-NXT bias that exists.

James
legendary
Activity: 2184
Merit: 1000

I am the only one guy who created a list of conferences, who created a list of people of conferences, who is constantly inviting people to the conferences and also who was trying to start to get the funding for the conferences.

Keep up to good work....just try to develop an objective way for the community to judge the results of the spending. (accounts created, Nxt mentions in media, number of Google searches. etc.)

This is normal practice for  any marketing department when they have to report to management.

hero member
Activity: 490
Merit: 504
Good job Joefox, I hope we will be able to deliver all spots on time Cheesy

http://letstalkbitcoin.com/e80-beyond-bitcoin-uncut/#.Uu1x__l5PpW
(37th minute... btw 57th minute is also interesting)

and if someone cares... it cost 50% Nxt from the NxtMarketing fund..

Funding request

We have paid for 1 minute sponsor spot at the Let's talk Bitcoin for 3 months. (http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=2976219914929693803)

It cost 290k NXT for 3 months

- anonymous donator paid 50.000 Nxt
- neer.g would be willing to pay 1/3
- we are still looking for: 150.000 Nxt

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

Could we spare some unclaimed coins for this advertisement?

NxtMarketing account:

2037401990853753795

Once again I have to say something as paying this huge amount just to be mentioned in a show where most of the listeners probably already know about Nxt (people that know about cryptos) is just ridiculous.
They will mention Nxt anyway when it's worth mentioning, right now, there is no real reason.



I disagree. This minute isn't about just mentioning Nxt, and it isn't just an advertisement. It will be a regular one minute news update allowing all LTB listeners to stay current on happenings in the Nxt world. Once they realize what's going on, I bet even the staunch Nxt haters will be interested enough to check out the wiki after 9 or 10 episodes. A lot of talented people and influencers in the Bitcoin community pay attention to LTB, so this flow of information is likely to spread beyond the LTB audience as well.

Btw, salsacz, I support jl777's notion of using some of the 3 mil unclaimed Nxt allocated towards marketing to pay the difference.

One suggestion I'd like to make, if mindtomatter is reading, is that the Nxt minute was rather awkwardly placed in this episode. Perhaps there wasn't much opportunity to place it in a more natural pause, but it would be good to avoid the feeling of interruption when it comes on. Timing and placement could really negatively influence people's emotional response if not done well.


The deal was that salsacz would report back in detail to the community with what has been realized.

I think the community also wants a report of what comes in marketing fund and what was going out and to whom.

After evaluation community would vote for the next partial payment of 250k NXT.

What we see now is that there is still 305,000 NXT to spend.

Meanwhile salsacz is asking for donations for the conferences 250K and asking for donations for LTB advertising 290k

It is still to be seen if community want to spend NXT for these purposes and under what for conditions.

I have asked if it is needed to send 7 people to conferences and I would like to see in detail whom is going to which conference and who will receive payment for that and whom is going at free will paying himself.

I don’t get answers. I urge to make an optimization of the attendees to the conferences (who lives nearby)

Don’t misunderstand me, marketing is doing a great job but the community has the right to challenge the expenses, they don’t have to give a blank cheque


Pin


pinarello: sorry, but since all you can do is just trolling and bullying (your annoying fighting against dgex (20+ posts), against emule (10+ posts), against marketing (5+posts)), then just welcome to the ignore list.

If you cannot read the googledoc, where are ALL payments from and for the NxtMarketing, then is is not my fault, it is quite simple to click at the link:

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

There was no partial payment from community funds, everything came from private donators

I am the only one guy who created a list of conferences, who created a list of people of conferences, who is constantly inviting people to the conferences and also who was trying to start to get the funding for the conferences. On the other hand is the only one guy who constantly cirtisez all that comes to the marketing etc
legendary
Activity: 2184
Merit: 1000
CfB,

I don't think anybody has disagreed with the 3 million NXT from unclaimed funds for marketing. Do you want to continue managing that by running polls, etc. or would you rather delegate that to someone else?

I suggest a directed donation of 3 million NXT to the NXTcommunityfund and let me deal with that headache. I would propose to put Pin in the position for tracking the spending as we know he will be watching it like a hawk. The marketing team would submit a budget each month with proposed expenses and as long as it is reasonable, it gets released.

The next 3 months are the most important times with all the other second gen cryptos coming out. I would much rather overspend by a bit during this period than underspend.

James

No need to centralize more funds, use Nxtcommunityfund to build Nxt infrastructure & keep the current set up with Salsacz as marketing point person for main community marketing fund...as was agreed earlier.

make separate use of both funds....cuz at the moment results are lacking from both.

Edit: we can install Pin to audit the spending of both funds.
legendary
Activity: 1176
Merit: 1134
CfB,

I don't think anybody has disagreed with the 3 million NXT from unclaimed funds for marketing. Do you want to continue managing that by running polls, etc. or would you rather delegate that to someone else?

I suggest a directed donation of 3 million NXT to the NXTcommunityfund and let me deal with that headache. I would propose to put Pin in the position for tracking the spending as we know he will be watching it like a hawk. The marketing team would submit a budget each month with proposed expenses and as long as it is reasonable, it gets released.

The next 3 months are the most important times with all the other second gen cryptos coming out. I would much rather overspend by a bit during this period than underspend.

James
full member
Activity: 266
Merit: 100
NXT is the future
just gave an interview with tai zen Smiley it was fun.

Do u have the link?

no he says its going to take a day or two to finish the editing.

I've seen the interview. And we know ur real name. Looks like u should change ur nickname now (Anon136). Smiley

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 you're that ~60 yo guy from your user pick  Smiley

Me too Cheesy
legendary
Activity: 1176
Merit: 1134
I ** REALLY ** want this dynamic automatic adjusting of overall network TPS. It is like dynamic memory allocation versus static allocation, except we are talking about expensive server costs here.
Managing the NXT network would become much simpler if we just had to identify the lagging nodes and dealing with those, rather than the alternative.

By picking the right percentage of acceptable blacklisted nodes and acceptable percentage of spillover blocks, we could lower overall NXT server costs by 50% or more.

James
I think we will get that blacklisting automatically with TF fully enabled. Do you remember that TF do kind of blackisting of accounts which skip their round of forging?
I figured it did, but if we somehow slowed down the networks TPS rate, then more nodes can catch up, reducing the blacklist percentage. I have no idea what percentage of nodes would get blacklisted at 1000 TPS, but I know that less would get blacklisted at 500TPS.

If we can run at 1000TPS and the blacklist percentage (from lack of speed) is acceptable, then let it run at full speed. however, if 60% of the network can;t keep up, then much better to slow down the overall TPS. If we can automatically do this, then there is no need to have the max TPS hardcoded.
full member
Activity: 266
Merit: 100
NXT is the future
Good job Joefox, I hope we will be able to deliver all spots on time Cheesy

http://letstalkbitcoin.com/e80-beyond-bitcoin-uncut/#.Uu1x__l5PpW
(37th minute... btw 57th minute is also interesting)

and if someone cares... it cost 50% Nxt from the NxtMarketing fund..

Funding request

We have paid for 1 minute sponsor spot at the Let's talk Bitcoin for 3 months. (http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=2976219914929693803)

It cost 290k NXT for 3 months

- anonymous donator paid 50.000 Nxt
- neer.g would be willing to pay 1/3
- we are still looking for: 150.000 Nxt

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

Could we spare some unclaimed coins for this advertisement?

NxtMarketing account:

2037401990853753795

Once again I have to say something as paying this huge amount just to be mentioned in a show where most of the listeners probably already know about Nxt (people that know about cryptos) is just ridiculous.
They will mention Nxt anyway when it's worth mentioning, right now, there is no real reason.



I disagree. This minute isn't about just mentioning Nxt, and it isn't just an advertisement. It will be a regular one minute news update allowing all LTB listeners to stay current on happenings in the Nxt world. Once they realize what's going on, I bet even the staunch Nxt haters will be interested enough to check out the wiki after 9 or 10 episodes. A lot of talented people and influencers in the Bitcoin community pay attention to LTB, so this flow of information is likely to spread beyond the LTB audience as well.

Btw, salsacz, I support jl777's notion of using some of the 3 mil unclaimed Nxt allocated towards marketing to pay the difference.

One suggestion I'd like to make, if mindtomatter is reading, is that the Nxt minute was rather awkwardly placed in this episode. Perhaps there wasn't much opportunity to place it in a more natural pause, but it would be good to avoid the feeling of interruption when it comes on. Timing and placement could really negatively influence people's emotional response if not done well.


The deal was that salsacz would report back in detail to the community with what has been realized.

I think the community also wants a report of what comes in marketing fund and what was going out and to whom.

After evaluation community would vote for the next partial payment of 250k NXT.

What we see now is that there is still 305,000 NXT to spend.

Meanwhile salsacz is asking for donations for the conferences 250K and asking for donations for LTB advertising 290k

It is still to be seen if community want to spend NXT for these purposes and under what for conditions.

I have asked if it is needed to send 7 people to conferences and I would like to see in detail whom is going to which conference and who will receive payment for that and whom is going at free will paying himself.

I don’t get answers. I urge to make an optimization of the attendees to the conferences (who lives nearby)

Don’t misunderstand me, marketing is doing a great job but the community has the right to challenge the expenses, they don’t have to give a blank cheque


Pin
hero member
Activity: 784
Merit: 501
I ** REALLY ** want this dynamic automatic adjusting of overall network TPS. It is like dynamic memory allocation versus static allocation, except we are talking about expensive server costs here.
Managing the NXT network would become much simpler if we just had to identify the lagging nodes and dealing with those, rather than the alternative.

By picking the right percentage of acceptable blacklisted nodes and acceptable percentage of spillover blocks, we could lower overall NXT server costs by 50% or more.

James
I think we will get that blacklisting automatically with TF fully enabled. Do you remember that TF do kind of blackisting of accounts which skip their round of forging?
hero member
Activity: 644
Merit: 500
What if a client is no connected to local node (for example, Android app) but some online node.

Would sending transaction in such a case mean your passphrase can be stolen by the person who is running the node?

hero member
Activity: 784
Merit: 501
Ok so whats keeping us from switching to binary transport now, i assume there will be a phase with client releases supporting either then eventally a client that only does binary?

JSON loweres entry barrier for new core protocol coders.
But BCNext made this barrier higher and stronger converting transaction data to bytes since the beginning Smiley
So we have JSON mutilated already.
hero member
Activity: 784
Merit: 501
As time goes on, everything gets faster and faster so maybe at first only high end smartphones can handle a sustained 1000TPS network, but later more and more can.

One of my old smartphones had constant 15 Mbps connection. I would be able to forge with 10'000 tps rate. U guys should stop and look at ur numbers again. U think they r big, but actually they r not.

 Grin

The future is bright people

Edit....im waiting for the day when I can forge and buy stuff with my smartwatch & smartglass.
I have stable 2-3 Mbps 3G HDSPA connection in godforsaken eastern Russia, with choice of 4 different operators.
What kind of technical revolution are you going to make if you complain about 1 Mbps?!
legendary
Activity: 1806
Merit: 1001
just gave an interview with tai zen Smiley it was fun.

Do u have the link?

no he says its going to take a day or two to finish the editing.

I've seen the interview. And we know ur real name. Looks like u should change ur nickname now (Anon136). Smiley

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 you're that ~60 yo guy from your user pick  Smiley
legendary
Activity: 1176
Merit: 1134
More seriously, is there a way to limit overall network TPS? If so, we can gradually change it to match actual usage levels. If some peak time blocks need to spill over into the following block, that won't be so bad. If 20% of the network gets blacklisted due to lack of bandwidth that seems worse.

Maybe we crank it up to full speed and see what happens? Maybe there is no issue at all?

U could be the guy who answers these questions.
I dont have the data I need to be able to answer any of this. I have no idea if TPS can be capped. If it can, I am assuming it will require a new client version with a new hardcoded cap.

Then again, we might be able to define an acceptable percentage of nodes that are blacklisted due to not enough bandwidth/CPU/etc and have it AUTOMATICALLY adjust the overall network TPS to the acceptable lost nodes percentage. Then if we find that TPS is bottlenecked by too many slow nodes, we upgrade those nodes or turn them into thin clients.

Is this automatic max TPS changing possible to do?


I ** REALLY ** want this dynamic automatic adjusting of overall network TPS. It is like dynamic memory allocation versus static allocation, except we are talking about expensive server costs here.
Managing the NXT network would become much simpler if we just had to identify the lagging nodes and dealing with those, rather than the alternative.

By picking the right percentage of acceptable blacklisted nodes and acceptable percentage of spillover blocks, we could lower overall NXT server costs by 50% or more.

James
legendary
Activity: 1176
Merit: 1134
More seriously, is there a way to limit overall network TPS? If so, we can gradually change it to match actual usage levels. If some peak time blocks need to spill over into the following block, that won't be so bad. If 20% of the network gets blacklisted due to lack of bandwidth that seems worse.

Maybe we crank it up to full speed and see what happens? Maybe there is no issue at all?

U could be the guy who answers these questions.
I dont have the data I need to be able to answer any of this. I have no idea if TPS can be capped. If it can, I am assuming it will require a new client version with a new hardcoded cap.

Then again, we might be able to define an acceptable percentage of nodes that are blacklisted due to not enough bandwidth/CPU/etc and have it AUTOMATICALLY adjust the overall network TPS to the acceptable lost nodes percentage. Then if we find that TPS is bottlenecked by too many slow nodes, we upgrade those nodes or turn them into thin clients.

Is this automatic max TPS changing possible to do?

legendary
Activity: 1176
Merit: 1134
Whoever gets the asset name of the crypto name, eg. "BTC", "DOGE", "XCP", etc.

This will unfortunately create a bidding war for the Asset names of the other cryptos, but I see no way around that.

Feedback?

James

Think of the Asset name as something like Crypto Trading, Nxt AE. I am not sure where you are coming from with "BTC", "DOGE", "XCP", etc. Not saying an Asset can't have one of those names, but having a currency mentioned in the name is/should not be a requirement.

Would you not trade FOREX, for example, with MB Trading just because EUR, GBP, USD, etc. is not mentioned in the name? Does the omission of the currencies in the name make them any less of a FOREX gateway? Would you not buy shares of MB Trading if they were offered?

...same thing applies to Cryptsy, Bter, etc.    Wink
I am not suggesting exclusive, just suggesting that anybody that obtains such assets use them to represent the corresponding crypto, instead of turtles. This avoids confusion.
legendary
Activity: 2184
Merit: 1000
Can;t we combine Nexern's Quoteboard DNA & James's crypto-trade DNA?


would it be possible....the prices feeds from Quoteboard would influence crypto-trade DNA....i;m guessing that pricing is what a quoteboard does...i just don;t have much details to go on....am I making sense?
hero member
Activity: 1162
Merit: 568
The client often displayed:
"Generated an incorrect block. Wait for the next one".
Have been often asked the reason.
Can anybody answer it or fix it ?
legendary
Activity: 1792
Merit: 1038
http://letstalkbitcoin.com/e80-beyond-bitcoin-uncut/#.Uu1x__l5PpW
(37th minute... btw 57th minute is also interesting)
Once again I have to say something as paying this huge amount just to be mentioned in a show where most of the listeners probably already know about Nxt (people that know about cryptos) is just ridiculous.
They will mention Nxt anyway when it's worth mentioning, right now, there is no real reason.
- agree 100%.
newbie
Activity: 56
Merit: 0
Good job Joefox, I hope we will be able to deliver all spots on time Cheesy

http://letstalkbitcoin.com/e80-beyond-bitcoin-uncut/#.Uu1x__l5PpW
(37th minute... btw 57th minute is also interesting)

and if someone cares... it cost 50% Nxt from the NxtMarketing fund..

Funding request

We have paid for 1 minute sponsor spot at the Let's talk Bitcoin for 3 months. (http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=2976219914929693803)

It cost 290k NXT for 3 months

- anonymous donator paid 50.000 Nxt
- neer.g would be willing to pay 1/3
- we are still looking for: 150.000 Nxt

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

Could we spare some unclaimed coins for this advertisement?

NxtMarketing account:

2037401990853753795

Once again I have to say something as paying this huge amount just to be mentioned in a show where most of the listeners probably already know about Nxt (people that know about cryptos) is just ridiculous.
They will mention Nxt anyway when it's worth mentioning, right now, there is no real reason.



I disagree. This minute isn't about just mentioning Nxt, and it isn't just an advertisement. It will be a regular one minute news update allowing all LTB listeners to stay current on happenings in the Nxt world. Once they realize what's going on, I bet even the staunch Nxt haters will be interested enough to check out the wiki after 9 or 10 episodes. A lot of talented people and influencers in the Bitcoin community pay attention to LTB, so this flow of information is likely to spread beyond the LTB audience as well.

Btw, salsacz, I support jl777's notion of using some of the 3 mil unclaimed Nxt allocated towards marketing to pay the difference.

One suggestion I'd like to make, if mindtomatter is reading, is that the Nxt minute was rather awkwardly placed in this episode. Perhaps there wasn't much opportunity to place it in a more natural pause, but it would be good to avoid the feeling of interruption when it comes on. Timing and placement could really negatively influence people's emotional response if not done well.
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