Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1182. (Read 2761624 times)

legendary
Activity: 1722
Merit: 1217
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?
legendary
Activity: 2142
Merit: 1010
Newbie
Here is an interesting analysis of "1984" including original draft by Orwell - http://thenewdirectionoftime.com/tag/1984-analysis/
legendary
Activity: 2142
Merit: 1010
Newbie
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.
sr. member
Activity: 336
Merit: 250
AKA jefdiesel
Looking for New York speaker!!

They are tweeting to get our speaker there, fortunately I am searching all Nxt mentions by google and twitter many times a day so I found  it Smiley

It probably isn't that event in April, I can see only web:

http://www.cryptocurrencyconvention.com/

So who will step up? Smiley

I'm not a dev or a mathlete, but I am willing to talk in front of people, and live in NYC

anyone know what the panel format will be?
legendary
Activity: 1176
Merit: 1134
bandwidth is sometimes hard to get that fast

Ok, then such poor guys should lease their forging power to hubs.
or move to Belarus Smiley
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?
legendary
Activity: 2184
Merit: 1000
bandwidth is sometimes hard to get that fast

Ok, then such poor guys should lease their forging power to hubs.

"Hub Paradigm"
legendary
Activity: 2142
Merit: 1010
Newbie
bandwidth is sometimes hard to get that fast

Ok, then such poor guys should lease their forging power to hubs.
legendary
Activity: 1176
Merit: 1134
emunie and etherium update:

Very active times in the next gen crypto space. I know laws aren't supposed to apply in crytoland, but crypto is getting big enough that it is overlapping the real world

Rumours of the incorporation of emunie seem to be fully confirmed. They are a UK company now, subject to all the laws of her Majesty. Probably a very wise move, considering all the potential liability a large scale IPO with uncertain results could incur. By incorporating, Dan has the ability to create golden parachutes, large salaries, dividends, etc.  Even long time fanboys of emunie are upset. Not sure of percentage ownership, but my guess is vast majority is owned by Dan. Shrewd financial operator, with dubious ability to predict crypto markets as evidenced by BCNext's hat.

This move to being fully incorporated makes emunie into Ripple 2.0! Since emunie won't have fiat gateways or external exchanges, the big impact will be in ease of use and raising the bar as to what people expect. I urge all client developers to study the emunie beta (if you can download it) to make sure we are doing all we can in the usability side. From what I have heard emunie has an excellent GUI and we can't ignore any excellence regardless of where it is.

If anybody knows of any actual functionality that NXT (of 2 months from now) lacks in comparison to emunie, please let me know so I can make sure we fill the gap.

On the etherium side, they actually listened to negative feedback on their IPO structure and pulled the IPO. Not sure if what they come back with will be simpler or more complicated, but they announced a testnet release. If anybody has any actual experience with their testnet please post what relevant things etherium has or could have.

We now have the funds to proactively outdo ALL the competition. As the leading second gen crypto, as long as we defend against competitors, we win. Oh, TF and 1000TPS makes us win too, but I just want to win even without that. Better to win by 1000 kilometers than by just a kilometer.

James

Good idea.

Also, it's been a while since I've checked in with eMunie, but I believe the claim is it will be able to handle credit card transaction volumes at very high speeds. We may have stiff competition on this front.
I guess there is some small chance emunie's price controls doesn't create a downward spike and implodes, at least for a few months. Best to make NXT as strong as possible in all areas.
legendary
Activity: 2142
Merit: 1010
Newbie
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.
full member
Activity: 266
Merit: 100
NXT is the future
legendary
Activity: 1176
Merit: 1134
You are in modern world, not everyone is from tech advanced country

Do smartphones that can't have 1 Mbps link exist?
bandwidth is sometimes hard to get that fast
full member
Activity: 238
Merit: 100
Could we feasably get 200Ktps with full TF using JSON transport?  Or will full TF just absolutely REQUIRE binary transport, regardless of the desired performance?

We could switch to 200 tps rate but it's not that cool as switching to 1'000 tps, is it?

Heck no!  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?
legendary
Activity: 2184
Merit: 1000

Were not just discussing network utilization now, but also cpu processor.  Will smarphoes, raspis, etc be able to process that much load at 1Mtps, assumimg it had access to the required network bandwidth?

at the rate smartphones are progressing....cpu processing speeds will double in less than 24 months + 4G/Nxt gen ethernet(Google Fiber) ....to the moon! Grin
legendary
Activity: 2142
Merit: 1010
Newbie
Were not just discussing network utilization now, but also cpu processor.  Will smarphoes, raspis, etc be able to process that much load at 1Mtps, assumimg it had access to the required network bandwidth?

BCNext got rid of Bitcoin's scripts on purpose. This greatly lowered requirements to processing power.
newbie
Activity: 56
Merit: 0
emunie and etherium update:

Very active times in the next gen crypto space. I know laws aren't supposed to apply in crytoland, but crypto is getting big enough that it is overlapping the real world

Rumours of the incorporation of emunie seem to be fully confirmed. They are a UK company now, subject to all the laws of her Majesty. Probably a very wise move, considering all the potential liability a large scale IPO with uncertain results could incur. By incorporating, Dan has the ability to create golden parachutes, large salaries, dividends, etc.  Even long time fanboys of emunie are upset. Not sure of percentage ownership, but my guess is vast majority is owned by Dan. Shrewd financial operator, with dubious ability to predict crypto markets as evidenced by BCNext's hat.

This move to being fully incorporated makes emunie into Ripple 2.0! Since emunie won't have fiat gateways or external exchanges, the big impact will be in ease of use and raising the bar as to what people expect. I urge all client developers to study the emunie beta (if you can download it) to make sure we are doing all we can in the usability side. From what I have heard emunie has an excellent GUI and we can't ignore any excellence regardless of where it is.

If anybody knows of any actual functionality that NXT (of 2 months from now) lacks in comparison to emunie, please let me know so I can make sure we fill the gap.

On the etherium side, they actually listened to negative feedback on their IPO structure and pulled the IPO. Not sure if what they come back with will be simpler or more complicated, but they announced a testnet release. If anybody has any actual experience with their testnet please post what relevant things etherium has or could have.

We now have the funds to proactively outdo ALL the competition. As the leading second gen crypto, as long as we defend against competitors, we win. Oh, TF and 1000TPS makes us win too, but I just want to win even without that. Better to win by 1000 kilometers than by just a kilometer.

James

Good idea.

Also, it's been a while since I've checked in with eMunie, but I believe the claim is it will be able to handle credit card transaction volumes at very high speeds. We may have stiff competition on this front.
full member
Activity: 238
Merit: 100
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.

Were not just discussing network utilization now, but also cpu processor.  Will smarphoes, raspis, etc be able to process that much load at 1Mtps, assumimg it had access to the required network bandwidth?
legendary
Activity: 2184
Merit: 1000
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.
legendary
Activity: 2142
Merit: 1010
Newbie
You are in modern world, not everyone is from tech advanced country

Do smartphones that can't have 1 Mbps link exist?
legendary
Activity: 1176
Merit: 1134
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.
You are in modern world, not everyone is from tech advanced country
legendary
Activity: 2142
Merit: 1010
Newbie
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.
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