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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1347. (Read 2761645 times)

hero member
Activity: 910
Merit: 1000
Roger.  If I am selected as a speaker, one thing I want to do for sure is throw two or three boxed Raspberry Pis into the audience during the talk.  

"NXT nodes!  Get your cheap NXT nodes!"



Hell yeah!
hero member
Activity: 784
Merit: 501
I also learned to fear vodka.
It strongly depends on your drinking companion Wink

I made the mistake of choosing a Russian girl as my drinking companion once.....that did not end well for EvilDave.

So...her boyfriend showed up, eh?
... and speak: "Hey, EvilDave, you took just one bottle?! It's nothing, believe me. So I give you two more bottles. And let's rock!"
full member
Activity: 196
Merit: 100
 My theme would be slide after slide: Bitcoin problem, NXT solution: currency distribution, blockchain bloat, PoW arms race, 51% attack, block confirmation speed (10 min vs 1 minute), transactions per second (1 currently / 7 max for BTC, 10,000 ultimate goal for NXT), etc. etc. etc.

Excellent strategy rickyjames!

All you need to emphasize are instant transactions, earning coins from forging, anonymous messaging, and soon an anonymous marketplace - why on earth would anyone want to stick with Bitcoin?!  Smiley

Don't go totally negative...people are gonna be shifting in their seats by around the 3rd negative anti-Bitcoin point.
Emphasise NXT's strengths, not Bitcoins weaknesses.
Make sure that the concept of NXT as an ecosystem, not purely a currency, comes thru strong.

Roger.  If I am selected as a speaker, one thing I want to do for sure is throw two or three boxed Raspberry Pis into the audience during the talk.  

"NXT nodes!  Get your cheap NXT nodes!"

I'm gonna need business cards, lots of cool NXT business cards....
full member
Activity: 180
Merit: 100
cryptolife.net - In depth analysis nxt

Really terrible analysis. Please go there somebody and make order! Cheesy
full member
Activity: 196
Merit: 100
I also learned to fear vodka.
It strongly depends on your drinking companion Wink

I made the mistake of choosing a Russian girl as my drinking companion once.....that did not end well for EvilDave.

So...her boyfriend showed up, eh?
hero member
Activity: 546
Merit: 500
PGP 9CB0902E
Apparently, we buy NXT as we buy stock from a company. So  1 NXT==  1 Vote is more reasonable. 1 Account  ==  1 Vote is nonsense because account can be created freely and rich people always can split his account into lots of small accounts. 1 NXT ==   x Vote is also impractical. we can't decide which NXT  has more weight. yes, give rich people more power is not democracy, but is the way a real company run.

Well this is not a company, you bought no shares from no shareholder. if 1 acc= 1 vote is nonsense, then 1nxt=1vote is even more.This excludes everyone at all. Do not get shareholders and stakeholders mixed up now Grin

What you are saying is: "ok, with 1person=1vote so many accounts can be created and i do not know how to avoid this, so ill go ahead and hide it under the carpet, and forbid voting for everyone who is not a millionaire."

There have been interesting ideas on the table. 1 zillion Nxt = 1 zillion votes is not one of them.

If you are going to rig the system from the beginning, dont rig it towards the millions, rig it towards the newcomer in the market.
legendary
Activity: 1498
Merit: 1000
ALDRIN DONATE FOR THE FUCKIN DEVELOPERS!
hero member
Activity: 854
Merit: 1001
Focusing more on the green angle of NXT.

Please focus on energy conservation (which should be dictated by common logic) WITHOUT building the argument around Global Warming.

Totally agreed. You don't want to get in a bitch fight with pro and against.
The proveable thing here is that costs are lower.

I floated the idea of a carbon offset program, possibly using forging revenue from unclaimed coins, a couple of days ago:
Have a look at:
https://nextcoin.org/index.php/topic,3418.0.html

I really need to figure first out the total energy consumption of the NXT network, help (with numbers) would be useful.
hero member
Activity: 854
Merit: 1001
 My theme would be slide after slide: Bitcoin problem, NXT solution: currency distribution, blockchain bloat, PoW arms race, 51% attack, block confirmation speed (10 min vs 1 minute), transactions per second (1 currently / 7 max for BTC, 10,000 ultimate goal for NXT), etc. etc. etc.

Excellent strategy rickyjames!

All you need to emphasize are instant transactions, earning coins from forging, anonymous messaging, and soon an anonymous marketplace - why on earth would anyone want to stick with Bitcoin?!  Smiley

Don't go totally negative...people are gonna be shifting in their seats by around the 3rd negative anti-Bitcoin point.
Emphasise NXT's strengths, not Bitcoins weaknesses.
Make sure that the concept of NXT as an ecosystem, not purely a currency, comes thru strong.
full member
Activity: 171
Merit: 100

It makes sense to collect all ideas to keep the overview.
Please extent the "general options" and "voting models" and "selection options" ideas!!!



Apparently, we buy NXT as we buy stock from a company. So  1 NXT==  1 Vote is more reasonable. 1 Account  ==  1 Vote is nonsense because account can be created freely and rich people always can split his account into lots of small accounts. 1 NXT ==   x Vote is also impractical. we can't decide which NXT  has more weight. yes, give rich people more power is not democracy, but is the way a real company run.


What is wrong, letting the poll creator decide if he want to give rich user more voting power?
sr. member
Activity: 274
Merit: 250
Focusing more on the green angle of NXT.

Please focus on energy conservation (which should be dictated by common logic) WITHOUT building the argument around Global Warming.

There you are right.

They are dirty liars, gangsters and banksters.
hero member
Activity: 546
Merit: 500
PGP 9CB0902E

Can we forget about this guy? I believe he has his own nightmares to deal with, seems evildave has been too evil
member
Activity: 96
Merit: 10
Focusing more on the green angle of NXT.

Please focus on energy conservation (which should be dictated by common logic) WITHOUT building the argument around Global Warming.

Maybe this is a wise recommendation, since there are so many people who don't believe in global warming and so many people who believe in global warming. This shouldn't get in our way.

The people who don't "believe" in global warming choose to ignore about 97% of the science community. Global warming is a scientific fact by now. Don't really see why we should care about them.
legendary
Activity: 1092
Merit: 1010
Focusing more on the green angle of NXT.

Please focus on energy conservation (which should be dictated by common logic) WITHOUT building the argument around Global Warming.

Totally agreed. You don't want to get in a bitch fight with pro and against.
The proveable thing here is that costs are lower.
hero member
Activity: 854
Merit: 1001
I also learned to fear vodka.
It strongly depends on your drinking companion Wink

I made the mistake of choosing a Russian girl as my drinking companion once.....that did not end well for EvilDave.
newbie
Activity: 56
Merit: 0
Hey, it's been quiet for some time in here... Let's bring the voting discussion back! Smiley

So do we have any practical ideas of reliable voting at all?

The whitepaper is very vague about it, no technical details about how this magical democracy will happen.


ahh Voting!
one of my favorite discussions ;-)

Currently read many good aspects here!
I think we need to consider most of them in beta Client.
More and more it becomes clear there is not THE ONE way for VS.
But there are different poll-categories, e.g "assets polls" is different category as "best button-color polls".

The poll initiator should be able to choose boundary conditions depending on poll-topic.
The poll boundary conditions need to be transparent during run time.
To be more constructive lets try to collect some "Voting Models":

general options:

- min. permitted Account Deposit

- min. permitted Account age (Blocks)

- poll duration (Blocks)

- Voting Fee


Voting Models:

+ 1 NXT        ==   1 Vote  { vote = Func(accountBalance) }

+ 1 NXT        ==   x Vote  { x = Func(accountBalance) =  polynom * accountBalance}

+ 1 Account  ==  1 Vote   { vote = Func(accountBalance) =  0.5 * accountBalance}

+ 1 Account  ==  1 Vote   { Jcsarokrin Biometric Authenification: http://juliansarokin.com/100-years-the-future-of-government/}

+ coolmist:  {votingweight = ( 1 / similarity ) ^ (4/3) * (accountbalance)^(1/3) * (accountage)^2 (timesvoted)^(3/2)}


no claim to completeness!


We need to discuss selection options too:
[true]    [false]    [abstention]
I think [abstention] provides an important information too.
E.g. a high count of [abstention] tells the poll creator "interesting question buddy, but not this way!!!" ...

It makes sense to collect all ideas to keep the overview.
Please extent the "general options" and "voting models" and "selection options" ideas!!!
Apparently, we buy NXT as we buy stock from a company. So  1 NXT==  1 Vote is more reasonable. 1 Account  ==  1 Vote is nonsense because account can be created freely and rich people always can split his account into lots of small accounts. 1 NXT ==   x Vote is also impractical. we can't decide which NXT  has more weight. yes, give rich people more power is not democracy, but is the way a real company run.
full member
Activity: 196
Merit: 100
Focusing more on the green angle of NXT.

Please focus on energy conservation (which should be dictated by common logic) WITHOUT building the argument around Global Warming.
I would even say energy COST should be the focus.  Current energy costs makes Bitcoin mining marginally profitable at best when you run the numbers, while NXT on a Raspberry Pi runs at 25 nodes for the same power as a 100 W incandescent lightbulb.  
hero member
Activity: 910
Merit: 1000
Focusing more on the green angle of NXT.

Please focus on energy conservation (which should be dictated by common logic) WITHOUT building the argument around Global Warming.

Maybe this is a wise recommendation, since there are so many people who don't believe in global warming and so many people who believe in global warming. This shouldn't get in our way.
hero member
Activity: 784
Merit: 501
Btw, where is Come-from-Beyond?
Where is BCNext! We keep silent about votings for many pages! Give us first letter NOW! Cheesy
newbie
Activity: 34
Merit: 0
Hi folks. I live in New York, and can be at the April conference.

Nice. Let me guess: You need some NXT for this? Cheesy SCNR...

No, I don't.

One of my colleagues is speaking on a panel, and my firm has a number of conference passes for other attorneys to attend.

I'm out on vacation until the 28th, but am skimming this thread and over at nextcoin.org in the meantime, and would be happy to chat with anyone after that to see if I can help out.
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