Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1312. (Read 2761642 times)

sr. member
Activity: 434
Merit: 254
Editor-in-Chief of Let's Talk Bitcoin!
Ok so i decided to write something really quick as a submission for this commercial on lets lets talk bitcoin.

this is a super super super rough draft.

Quote
Got a minute for whats next? Written from the ground up with brand new source code in an entirely different programming language, nxt is the first truly second generation crypto. It's 100% proof of stake security model melds short term deterministic predictability with longer term uncertainty to open the floodgates and release a torrent of potential breakthrough innovations to the cryptospace. Foremost among these, the ability to predict future forging nodes allows those nodes to build trust within the community. This trust can be leveraged for things like instantly secure transactions if the merchant accepting the nxt trusts the next several nodes in line. Or visa level transaction load volume via nodes clearing transactions before recording them into the blockchain. Nxt's 100% proof of stake security model eliminates many of the costs associated with blockchain security that are, with bitcoin, presently born by the savers in the form of inflation. Finally unlike bitcoin and its limited time block subsidy, there is no arbitrary date far off in the future where nxt's security model will be put to the final test, if nxt works now, it will work always. Tune in next week where we address some of the legitimate criticisms as well as some of the myths associated with nxt.

what do you guys think. do you like the direction? i know its a little over the limit but thats good because the first step in revision is trimming the fat.

This feels wordy to me, lots of jargon words I (the average listener) don't know in rapid succession.   I would suggest skipping the technicals and talk about what it does and why thats something the listener should care about.
newbie
Activity: 56
Merit: 0

So, just curious...How many of these spots will run in three months?  And what is the estimated number of listeners per spot?

I think its two episodes per week, with a listener base of 10000.
sr. member
Activity: 434
Merit: 254
Editor-in-Chief of Let's Talk Bitcoin!
Hi everyone.

How about these for a couple of proofs of concept?  Two one-minute spots I recorded this evening:

General Nxt intro: https://soundcloud.com/whatsupnxt/nxtminute-0001
Nxt minute: https://soundcloud.com/whatsupnxt/nxtminute_0002

I welcome feedback.

Here's my take on the one minute spot, using joefox's example as inspiration, and trying to take into consideration all the feedback that was given:

Nxt LTB Spot, Episode 1: https://soundcloud.com/bithic/nxtltbspot-ep1

Anymore feedback on this? Please give feedback on the content as well as my reading. Criticisms welcome, my ego is not wrapped up in this. I'm not trying to compete to be the voice, just putting forward an idea. This should be considered a rough draft.

I really thought your take on it was great and I think the waver in your voice was a) fine as is and b) will go away with very little experience.   You should make some of these.
hero member
Activity: 715
Merit: 500
both dgex and nextcoin forum are down. Anyone know what is going on?

DGEX and nextcoin forum work for me.

OK, that is weird... dunno what to say...
full member
Activity: 196
Merit: 100
Funding request

We have paid for 1 minute sponsor spot at the Let's talk Bitcoin for 3 months.

It cost 290k NXT for 3 months



We've paid the current equivalent of $20,000+ for these spots?

Wow.

So...how many of these spots will run in three months?  And what is the estimated number of listeners per spot?

For this kind of cash outlay, we need a list of deadline dates for when the next new spot is due, and who is responsible for providing it.  You know, centralized management.   Grin



So, just curious...How many of these spots will run in three months?  And what is the estimated number of listeners per spot?
newbie
Activity: 56
Merit: 0
Ok so i decided to write something really quick as a submission for this commercial on lets lets talk bitcoin.

this is a super super super rough draft.

Quote
Got a minute for whats next? Written from the ground up with brand new source code in an entirely different programming language, nxt is the first truly second generation crypto. It's 100% proof of stake security model melds short term deterministic predictability with longer term uncertainty to open the floodgates and release a torrent of potential breakthrough innovations to the cryptospace. Foremost among these, the ability to predict future forging nodes allows those nodes to build trust within the community. This trust can be leveraged for things like instantly secure transactions if the merchant accepting the nxt trusts the next several nodes in line. Or visa level transaction load volume via nodes clearing transactions before recording them into the blockchain. Nxt's 100% proof of stake security model eliminates many of the costs associated with blockchain security that are, with bitcoin, presently born by the savers in the form of inflation. Finally unlike bitcoin and its limited time block subsidy, there is no arbitrary date far off in the future where nxt's security model will be put to the final test, if nxt works now, it will work always. Tune in next week where we address some of the legitimate criticisms as well as some of the myths associated with nxt.

what do you guys think. do you like the direction? i know its a little over the limit but thats good because the first step in revision is trimming the fat.
I think the number one goal should be to get them curious enough to go to the website/wiki. Tantalize them and then give them the resources to delve deeper.

I 100% agree with this. my thought is that a claim + an argument that flies past them is better than a claim with no argument what so ever. I really think that we have to rethink marketing when trying to talk to this community. they are much much much smarter than the marginal citizen.

Ok, then I suggest starting with the required strong intro with catch phrase and the necessary ending with website link, and then see how much you can fit in between them, paying attention to the tough time limit restrictions. mindtomatter suggested something like 65-75 words in total, and we are already dealing with much more than that.
legendary
Activity: 1092
Merit: 1010
both dgex and nextcoin forum are down. Anyone know what is going on?

DGEX and nextcoin forum work for me.
hero member
Activity: 715
Merit: 500
both dgex and nextcoin forum are down. Anyone know what is going on?

DGEX seems to work...


I have this message on both site:

This web page is not available
hero member
Activity: 834
Merit: 524
Nxt NEM
both dgex and nextcoin forum are down. Anyone know what is going on?

DGEX seems to work...
legendary
Activity: 1367
Merit: 1000
but i see no NXT code anywhere
Then what do you mean by NXT code?

Code:
public class Nxt
  extends HttpServlet
{...
legendary
Activity: 1092
Merit: 1010
you are also familiar with the ideas. if you had no familiarity with them than even you may have been taken aback. thats ok though the point is not to create a devotee on the spot. the point is to convince them that it is worth more research.

I agree that if someone who is like me would hear this, they would be interested.
I'd be determined to understand what the hell it was about.

Rather similar to what actually happened, really. Smiley
hero member
Activity: 715
Merit: 500
both dgex and nextcoin forum are down. Anyone know what is going on?
newbie
Activity: 53
Merit: 0
Smiley Forget it. JAD has not been updated for many years. Good memories stick for a long time.
legendary
Activity: 1722
Merit: 1217
Ok so i decided to write something really quick as a submission for this commercial on lets lets talk bitcoin.

this is a super super super rough draft.

Quote
Got a minute for whats next? Written from the ground up with brand new source code in an entirely different programming language, nxt is the first truly second generation crypto. It's 100% proof of stake security model melds short term deterministic predictability with longer term uncertainty to open the floodgates and release a torrent of potential breakthrough innovations to the cryptospace. Foremost among these, the ability to predict future forging nodes allows those nodes to build trust within the community. This trust can be leveraged for things like instantly secure transactions if the merchant accepting the nxt trusts the next several nodes in line. Or visa level transaction load volume via nodes clearing transactions before recording them into the blockchain. Nxt's 100% proof of stake security model eliminates many of the costs associated with blockchain security that are, with bitcoin, presently born by the savers in the form of inflation. Finally unlike bitcoin and its limited time block subsidy, there is no arbitrary date far off in the future where nxt's security model will be put to the final test, if nxt works now, it will work always. Tune in next week where we address some of the legitimate criticisms as well as some of the myths associated with nxt.

what do you guys think. do you like the direction? i know its a little over the limit but thats good because the first step in revision is trimming the fat.

While the content is correct, I think this one is pushing what the average listener can take in to the limit, it least if this needs to be spoken in a minute. The information density is too high.

These three sentences for instance contain a lot of information that would most probably just become lost:

Quote
It's 100% proof of stake security model melds short term deterministic predictability with longer term uncertainty to open the floodgates and release a torrent of potential breakthrough innovations to the cryptospace. Foremost among these, the ability to predict future forging nodes allows those nodes to build trust within the community. This trust can be leveraged for things like instantly secure transactions if the merchant accepting the nxt trusts the next several nodes in line.

Í know generally what they mean, but I have been following this thread for a month now. I doubt a listener who only knows vaguely about PoS would understand what it does after this.

Could you "dumb it down" a bit? Not to the lowest average denominator, but say someone who knows a bit about what's it all about, but certainly not all? Smiley


i intentionally wrote it to be correct but also go over peoples heads a little bit. im trying really hard to make it not sound like a commercial. if the audience doesnt understand every word perfectly than thats ok. it may still pique their interest.

I think you are far to generous in what is "over people's heads"  Cheesy

However, I'm using myself as a benchmark here, so I'm curious what others say about it.

you are also familiar with the ideas. if you had no familiarity with them than even you may have been taken aback. thats ok though the point is not to create a devotee on the spot. the point is to convince them that it is worth more research.
legendary
Activity: 1722
Merit: 1217
Ok so i decided to write something really quick as a submission for this commercial on lets lets talk bitcoin.

this is a super super super rough draft.

Quote
Got a minute for whats next? Written from the ground up with brand new source code in an entirely different programming language, nxt is the first truly second generation crypto. It's 100% proof of stake security model melds short term deterministic predictability with longer term uncertainty to open the floodgates and release a torrent of potential breakthrough innovations to the cryptospace. Foremost among these, the ability to predict future forging nodes allows those nodes to build trust within the community. This trust can be leveraged for things like instantly secure transactions if the merchant accepting the nxt trusts the next several nodes in line. Or visa level transaction load volume via nodes clearing transactions before recording them into the blockchain. Nxt's 100% proof of stake security model eliminates many of the costs associated with blockchain security that are, with bitcoin, presently born by the savers in the form of inflation. Finally unlike bitcoin and its limited time block subsidy, there is no arbitrary date far off in the future where nxt's security model will be put to the final test, if nxt works now, it will work always. Tune in next week where we address some of the legitimate criticisms as well as some of the myths associated with nxt.

what do you guys think. do you like the direction? i know its a little over the limit but thats good because the first step in revision is trimming the fat.
I think the number one goal should be to get them curious enough to go to the website/wiki. Tantalize them and then give them the resources to delve deeper.

I 100% agree with this. my thought is that a claim + an argument that flies past them is better than a claim with no argument what so ever. I really think that we have to rethink marketing when trying to talk to this community. they are much much much smarter than the marginal citizen.
hero member
Activity: 834
Merit: 524
Nxt NEM
The more NXT someone has, the more right he has to decide. It's natural.
No, it's not. Wealth =/= Competence.


We are not talking about competence or the correct decision here! We are talking about the RIGHT to be able to vote. And the guys which hold a few thousands are able to vote more than the guys which are holding a few cents!

THIS IS NATURAL! If the votes are resulting in bad decisions, these decisions were made by those who will loose the most. But then, let it be this way..


The Wealth =/= Competence  is valid, when voting handles not-so-economical issues.

But if the issues are economical, like companies' meetings, then the vote = f( amount of shares/stocks ). That would have the analogy to NXT's: 1 NXT = 1 Vote.

But, if the issues to be voted are not always economical ...
(this needs thinking:) ... I'd like to see all the suggestions, the vote-discussion in one place)
 
newbie
Activity: 53
Merit: 0
can someone help me with decompiling?  I unzipped the .jar and see lots of class files there but decompiling them gives no nxt source code.

Which soft are you using for decomp?

Ok, overlooked your answer. Have you tried JAD? It is a great experience working with it, though have not yet tried decompiling NXT. Commandline debugger was enough so far.
full member
Activity: 126
Merit: 100
JustabitofTime - Co-Founder of CoinTropolis
1. Cryptsy

No more discussion needed for Cryptsy:

https://nextcoin.org/index.php/topic,3557.0.html

I've asked Nikel to get me a few email addresses so I can do the mutual introduction.


2. Vircurex

I can't confirm 100%, however, my guess is high confirmations at initial launch to make sure everything runs correctly.  With a brand new code set, I wouldn't blame them one bit. I'd recommend following up in the next 72 hours a coordinate a request to politely lower the number of required confirmations.


Small steps... small steps. Nikel did a great job at the conference, I was with the whole time showing him the best ways to network at these events. We had some fairly funny moments of politely stalking people until we heard what we needed. Smiley  If you haven't taken a look at Nikel's updates yet, it's on Nextcoin.org and I believe he's also moved them to the forum off the official site. 

- JustaBitofTime

They are also here: http://www.nxtcoins.nl/miami-bitcoin-conference-updates-summary/ Smiley

Everyone, check these out on the Bitcointalk summary!
legendary
Activity: 1092
Merit: 1010
Ok so i decided to write something really quick as a submission for this commercial on lets lets talk bitcoin.

this is a super super super rough draft.

Quote
Got a minute for whats next? Written from the ground up with brand new source code in an entirely different programming language, nxt is the first truly second generation crypto. It's 100% proof of stake security model melds short term deterministic predictability with longer term uncertainty to open the floodgates and release a torrent of potential breakthrough innovations to the cryptospace. Foremost among these, the ability to predict future forging nodes allows those nodes to build trust within the community. This trust can be leveraged for things like instantly secure transactions if the merchant accepting the nxt trusts the next several nodes in line. Or visa level transaction load volume via nodes clearing transactions before recording them into the blockchain. Nxt's 100% proof of stake security model eliminates many of the costs associated with blockchain security that are, with bitcoin, presently born by the savers in the form of inflation. Finally unlike bitcoin and its limited time block subsidy, there is no arbitrary date far off in the future where nxt's security model will be put to the final test, if nxt works now, it will work always. Tune in next week where we address some of the legitimate criticisms as well as some of the myths associated with nxt.

what do you guys think. do you like the direction? i know its a little over the limit but thats good because the first step in revision is trimming the fat.

While the content is correct, I think this one is pushing what the average listener can take in to the limit, it least if this needs to be spoken in a minute. The information density is too high.

These three sentences for instance contain a lot of information that would most probably just become lost:

Quote
It's 100% proof of stake security model melds short term deterministic predictability with longer term uncertainty to open the floodgates and release a torrent of potential breakthrough innovations to the cryptospace. Foremost among these, the ability to predict future forging nodes allows those nodes to build trust within the community. This trust can be leveraged for things like instantly secure transactions if the merchant accepting the nxt trusts the next several nodes in line.

Í know generally what they mean, but I have been following this thread for a month now. I doubt a listener who only knows vaguely about PoS would understand what it does after this.

Could you "dumb it down" a bit? Not to the lowest average denominator, but say someone who knows a bit about what's it all about, but certainly not all? Smiley


i intentionally wrote it to be correct but also go over peoples heads a little bit. im trying really hard to make it not sound like a commercial. if the audience doesnt understand every word perfectly than thats ok. it may still pique their interest.

I think you are far to generous in what is "over people's heads"  Cheesy

However, I'm using myself as a benchmark here, so I'm curious what others say about it.
legendary
Activity: 1367
Merit: 1000
Forgers — only part of Nxt. System'd not be changed to their (us) benefits only. If users (senders) will go away, there'll be no fees for you to collect (and your NXTs lose many aspects of value very possible as well). So forgers for sure'd speak, but'd listen too.
Every NXTer can forge, we all are forges, there is no "part" here. And if there is no forger, then there is no confirmed transaction.
as 1 million of 10 NXTs-wealthed persons, no matter what.
Oh, it does matter, because we cannot have a proof that they are really 1 million.
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