NXT :: descendant of Bitcoin - Updated Information - page 1313.

bithic

newbie

Activity: 56

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Quote from: Anon136 on January 27, 2014, 04:52:18 PM

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.

The challenge with this is that people won't have time to think about the technicalities. Unless they're giving it 110% of their concentration, the minute will fly by and they won't retain anything, so I suggest a really simple message with a couple memorable points is necessary, which is what I was trying to do with my submission. 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. There's no way we can download everything to their minds in a minute. Also, as mindtomatter stressed, a simple, short catch-phrase that can be used each week to quickly define Nxt is necessary. Here's the text of my submission. Feel free to appropriate/edit:

Quote

Got a minute for what's Nxt?

This is (insert name), bringing you "The Nxt Minute" - dedicated to Nxt, the first available 2nd generation cryptocurrency. For those who are just being introduced, Nxt is a fresh start, using entirely new source code that benefits from the successes of Bitcoin and opens the door to a new realm of possibility in network speed, transaction volume and long-term sustainability.

Nxt is a rapidly evolving community-led endeavor, and is the first 100% Proof-of-Stake cryptocurrency and platform. Advanced decentralized features, like an alias system, an asset exchange, data transmission and voting are included, but the really big innovation is something called "Transparent Forging". If you're curious, head on over to nxtcrypto.org (that is n x t c r y p t o .org) and get acquainted!

Stay tuned for future updates, as we share what’s new with Nxt, in one-minute bites, for the next several months.

*edit* As I discovered while recording, this is already pushing it in terms of length. So it absolutely can't be longer than this.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: Damelon on January 27, 2014, 05:09:24 PM

Quote from: Anon136 on January 27, 2014, 04:52:18 PM

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?

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.

Damelon

legendary

Activity: 1092

Merit: 1010

Quote from: PeercoinEnthusiast on January 27, 2014, 05:02:18 PM

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.

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/

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: bitcoinpaul on January 27, 2014, 05:01:45 PM

Quote from: Anon136 on January 27, 2014, 04:52:18 PM

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 like it! BUT it ends bad. It leaves a bad feeling. First, I get all pumped up with innovative details and suddenly....

Maybe I'm overreacting.

there is no over reaction in marketing. the way it makes people feel is all that matters. how they ought to have felt is of no consequence. thanks for the feedback, i will probably make changes based on it.

Damelon

legendary

Activity: 1092

Merit: 1010

Quote from: Anon136 on January 27, 2014, 04:52:18 PM

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?

admiral.fu

newbie

Activity: 53

Merit: 0

Quote from: opticalcarrier on January 27, 2014, 04:10:12 PM

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?

ZeroTheGreat

hero member

Activity: 644

Merit: 500

Quote from: ChuckOne on January 26, 2014, 11:41:53 AM

So, this voting system only for gathering opinions.

CfB said it too, but I really don't get it: people'll vote in proportional to their (I know / I don't know / I wanna it, cos / I don't wanna it, cos / I don't know, but curios / etc) competence, but opinions'll be weighted in result table by their wealth. Seems non-useful for reader of table — for doer. Why'd we implement it at all?

Quote from: pinarello on January 27, 2014, 04:42:02 AM

Why should we need VS?

Ex-act-ly. Global Voting'd not be implemented, only local votings about created assets into Nxt ecosystem. That's my opinion.

Quote from: Passion_ltc on January 27, 2014, 04:47:33 PM

I think there are two completely different views on this. The guy who will implement this should just do it how he sees it's correct. If the chain gets a fork we will see which fork will survive.

As always

MtheK

newbie

Activity: 14

Merit: 0

Quote from: MtheK on January 08, 2014, 04:49:27 AM

Hello Guys,
I published the first alpha version of my Android App "NXT Watcher".
See https://nextcoin.org/index.php/topic,2588.0.html for further details and install instructions.

Screenshot to get a first impression of how it looks like:
https://dl.dropboxusercontent.com/u/1304372/NXTWatcher/Screenshots/NXTWatcher2.png

I need a lot help testing on different devices, especially Gingerbread and Honeycomb!

So if you own an Android device, follow the link above and please provide some feedback

Additionally there is a 1k bounty for providing a good looking, Android-ready laucher logo for the app -- two guys working on it already.

And now the obligate NXT signature Grin

:
If you like it, you are welcome to donate a few NXT to keep me motivated

6887853321138092071

https://dl.dropboxusercontent.com/u/1304372/NXTWatcher/Screenshots/NXTWatcher1.png

NXT Watcher version 0.2.1 is out!

Now you can directly compare different exchanges by overlapping the charts,
additionally I added Vircurex.com!

Have fun

=> 6887853321138092071 Roll Eyes

PeercoinEnthusiast

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.

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

bitcoinpaul

hero member

Activity: 910

Merit: 1000

Quote from: Anon136 on January 27, 2014, 04:52:18 PM

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 like it! BUT it ends bad. It leaves a bad feeling. First, I get all pumped up with innovative details and suddenly....

Maybe I'm overreacting.

Anon136

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.

Passion_ltc

hero member

Activity: 714

Merit: 500

Crypti Community Manager

Quote from: Uniqueorn on January 27, 2014, 04:35:48 PM

Quote from: Passion_ltc on January 27, 2014, 04:26:44 PM

Quote from: ZeroTheGreat on January 27, 2014, 03:51:17 PM

Quote from: Passion_ltc on January 26, 2014, 02:25:48 PM

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..

I actually disagree.
Given the fact that ther are people with 30+ million NXT who paid less for it than someone who buys 10 000 NXT today. Otherwise the top accounts that own 51% (which is like 20 people) can suddenly decide the entire future of NXT.

Quote from: ZeroTheGreat on January 27, 2014, 04:38:26 PM

Quote from: Passion_ltc on January 27, 2014, 04:26:44 PM

We are talking about the RIGHT to be able to vote.

Everyone've right to vote. Even if he've 0 NXT, he can make suggestion to make Nxt stronger. Find a flaw, for example. In decentralized system no one can bound anyone's right to vote.

Quote from: Passion_ltc on January 27, 2014, 04:26:44 PM

And the guys which hold a few thousands are able to vote more than the guys which are holding a few cents!

Disagree. The weights of opinions/suggestions/proposals should be placed by the guys that DO (and decision'll be maked by them as well: coding, installing, buying/selling, anything). Competence! That's right, you can't place your own weight precisely in close to perfect (IMO) system, cos u're living in subjective reality. In science world u've to prove u're right. In social world u've to convince (community) u're right. That's simple.

Quote from: Passion_ltc on January 27, 2014, 04:26:44 PM

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..

Disagree with both statements. It's not natural. It's not OK to build system u expect to fail right away.

I think there are two completely different views on this. The guy who will implement this should just do it how he sees it's correct. If the chain gets a fork we will see which fork will survive.

opticalcarrier

full member

Activity: 238

Merit: 100

Quote from: starik69 on January 27, 2014, 04:17:43 PM

Quote from: opticalcarrier on January 27, 2014, 04:10:12 PM

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.

What decompiler are you using? http://jd.benow.ca/ works for me.

yes that works for me as well, but same thing - it decompiles all the class files but i see no NXT code anywhere

gs02xzz

full member

Activity: 221

Merit: 100

Quote from: Passion_ltc on January 27, 2014, 04:26:44 PM

Quote from: ZeroTheGreat on January 27, 2014, 03:51:17 PM

Quote from: Passion_ltc on January 26, 2014, 02:25:48 PM

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..

Since today is slow, it probably is a good time to talk about the VS. I want to throw in a mix solution. Basically, I believe man's heart goes where man's treasure goes. The more stake you have in, the more care you are. We can use two types of majority:

1) stake majority in which 1nxt=1vote is 50%+ to approve an issue.
2) account majority in which 1acct=1vote is 60%+ to veto the about approval.

each vote is consistent of these two types. It is not perfect. The large accounts still can manipulate the results by setting up more accounts. But they have to pay more fees to achieve that since they have to pay for each vote for the second type.

Passion_ltc

hero member

Activity: 714

Merit: 500

Crypti Community Manager

I looked into the localNXT issue. This would be too huge for my programming skills. Because this have to be 100% secure, 100% reliable, 100% up-to-date, 100% legal and a full-time job. I can't do this.

Therefore I'm looking for other interesting ideas, which can be coded by a single guy.

It doesn't matter if it's something for the Asset Exchange, for AM or some graphs.

Just say it or send me an email: [email protected]

I will look into the issue and code it. The next thing on my list are encrypted messages. I think I will integrate this into nxtion AND make a stand-alone-version on NXTarea.com

Any suggestions?

erik__

newbie

Activity: 38

Merit: 0

Quote from: coolmist on January 26, 2014, 08:34:43 PM

I have multiple voting methods coded for community testing (per utopianfuture's proposal) I just need a way to send and receive API calls in PHP. The below example returns NULL... Suggestions?

Code:

  function get_web_page( $url )
    {
...
        $ch = curl_init($url);
...
    }

$result = get_web_page('http://node6.mynxt.info:7874/nxt?requestType=getBalance&account=10006970057300228034');

var_dump($result);

?>

Maybe try:
function get_web_page($url)
{
return file_get_contents($url);
}

ZeroTheGreat

hero member

Activity: 644

Merit: 500

Quote from: Passion_ltc on January 27, 2014, 04:26:44 PM

We are talking about the RIGHT to be able to vote.

Everyone've right to vote. Even if he've 0 NXT, he can make suggestion to make Nxt stronger. Find a flaw, for example. In decentralized system no one can bound anyone's right to vote.

Quote from: Passion_ltc on January 27, 2014, 04:26:44 PM

And the guys which hold a few thousands are able to vote more than the guys which are holding a few cents!

Disagree. The weights of opinions/suggestions/proposals should be placed by the guys that DO (and decision'll be maked by them as well: coding, installing, buying/selling, anything). Competence! That's right, you can't place your own weight precisely in close to perfect (IMO) system, cos u're living in subjective reality. In science world u've to prove u're right. In social world u've to convince (community) u're right. That's simple.

Quote from: Passion_ltc on January 27, 2014, 04:26:44 PM

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..

Disagree with both statements. It's not natural. It's not OK to build system u expect to fail right away.

Damelon

legendary

Activity: 1092

Merit: 1010

Quote from: bithic on January 27, 2014, 03:30:30 PM

Quote from: bithic on January 27, 2014, 06:20:21 AM

Quote from: joefox on January 27, 2014, 12:23:41 AM

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.

Overall, I like it.
Could use some work on articulation, because some sentences are a bit unintelligable. I can understand them, but that's because I know the terms like "decentralised exchange", but if you don't you could not know what was being said.

Also, I find it a bit too "bassy". I like a cleaner sound. Too much bass tends to sound "mushy".

bitcoinpaul

hero member

Activity: 910

Merit: 1000

Quote from: opticalcarrier on January 27, 2014, 01:01:14 PM

why has nobody commented yet that he happened to go out of pocket at the same time as the Miami Bitcoin Conf???)

Was already mentioned.

Uniqueorn

full member

Activity: 182

Merit: 100

NXT.org

Quote from: Passion_ltc on January 27, 2014, 04:26:44 PM

Quote from: ZeroTheGreat on January 27, 2014, 03:51:17 PM

Quote from: Passion_ltc on January 26, 2014, 02:25:48 PM

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..

I actually disagree.
Given the fact that ther are people with 30+ million NXT who paid less for it than someone who buys 10 000 NXT today. Otherwise the top accounts that own 51% (which is like 20 people) can suddenly decide the entire future of NXT.

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1313. (Read 2761642 times)