NXT :: descendant of Bitcoin - Updated Information - page 1487.

coolmist

newbie

Activity: 56

Merit: 0

Working on the math behind the voting system.

What variables do you think should be included to determine voting power?

So far I have

(This isn't in any known language, just organized in a way that people should be able to understand)

Code:

variables that are added to vote weight

account size
account age

Hypothetically let
lastblock ==1400
account creation[0]== 1400
account creation[1]== 700
account creation[2]== 100

accountSize[0]== 1,00,000
accountSize[1]== 500,000
accountSize[2]== 250,000

Let relativeAge = (lastBlock) / (accountCreation) '

therefore : relativeAge[0]= 1
relativeAge[1]= 2
relativeAge[2]=14

Let fairWeight = (accountSize)^(1/3)

therefore : fairWeight[0]= 63
fairWeight[1]= 51
fairWeight[2]=41

votingPower = (relativeAge)*(fairWeight)

votingPower[0] = 63
votingPower[1] = 102
votingPower[2] = 574

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: wesleyh on January 20, 2014, 02:28:32 PM

Well, if it's only going to take that long then I probably shouldn't bother; http://nxtra.org/voting/add.php (unfinished...)

Hey, that's looking good!

--

Can we read somewhere about this built-in voting system? If it's good then there is indeed no point in building a site.

CIYAM

legendary

Activity: 1890

Merit: 1086

Ian Knowles - CIYAM Lead Developer

Quote from: Anon136 on January 20, 2014, 02:39:22 PM

ill have to think about it for a bit. im certain it would work if you could hide how much was being donated to each address. but if that information was public and being monitored by the participants in real time fraud may still creep its way in no matter how large x was.

I appreciate the thought exercise (and have to sleep now) but I do think when we consider the real potential benefits of Nxt and other such platforms are we have to try and rethink some of the basic ways we do things.

We are never going to 100% stop corruption but if we make it expensive enough in an environment that means that your input amount gets distributed to others evenly then I think we might get a lot better situation than we do currently.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: brooklynbtc on January 20, 2014, 02:35:07 PM

Quote from: jdebunt on January 20, 2014, 10:41:41 AM

http://www.cryptoarticles.com/crypto-news/2014/1/20/poloniex-adds-more-coins-includes-noblecoin-ltcnxt-pair

Congratz on the NXT/LTC trading pair! and a new exchange with NXT/BTC

not much of an exchange. I wouldnt trust them at this point.

why wouldnt you trust them?

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: Come-from-Beyond on January 20, 2014, 02:21:47 PM

Quote from: coolmist on January 20, 2014, 02:12:40 PM

I can code a client by the end of today for macs.

Ok. Let me check my schedule...

20th - Implement mining in Lakshmi
21st - Test JS-implementations of NRS crypto algo, deploy NRS with Asset Exchange to the testnet
22nd - Resolve some issues assigned to me in Jira
23rd - Implement transaction handling in Lakshmi
24th - Review Account Control code
25th - Fix bugs in Account Control code
26th - Day-off

Well, I could do VS review on 26th, then bug fixes and testing...

Could you also post things like this more often?

I mean, we're basically in the dark what devs are doing...

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: CIYAM on January 20, 2014, 02:28:46 PM

Quote from: Anon136 on January 20, 2014, 02:26:10 PM

So for example you may say: A1 is spend on alice for marking, A2 is spend on bob for marketing, and A3 is spend on charlie for marketing. B1 is spend on nate for development, B2 is spend on frank for development, and B3 is spend on jim for development? Asside from being a little bit sexist, is that something like what you are talking about?

Yes - this is the basic idea - so people are voting whether to spend on "marketing" or "development" but who will actually *get* the funds for either choice would be a random choice of the winning "side" (the randomness could be based upon timestamps or something else blockchain related such as hashes).

So if you are "Alice" then spending a huge amount of NXT may guarantee that A wins the vote but it doesn't at all guarantee that *you* win the vote.

ill have to think about it for a bit. im certain it would work if you could hide how much was being donated to each address. but if that information was public and being monitored by the participants in real time fraud may still creep its way in no matter how large x was.

brooklynbtc

sr. member

Activity: 336

Merit: 250

AKA jefdiesel

Quote from: jdebunt on January 20, 2014, 10:41:41 AM

http://www.cryptoarticles.com/crypto-news/2014/1/20/poloniex-adds-more-coins-includes-noblecoin-ltcnxt-pair

Congratz on the NXT/LTC trading pair! and a new exchange with NXT/BTC

not much of an exchange. I wouldnt trust them at this point.

BitcoinForumator

legendary

Activity: 1120

Merit: 1000

Quote from: landomata on January 20, 2014, 02:28:28 PM

Quote from: Come-from-Beyond on January 20, 2014, 02:21:47 PM

Quote from: coolmist on January 20, 2014, 02:12:40 PM

I can code a client by the end of today for macs.

Ok. Let me check my schedule...

20th - Implement mining in Lakshmi
21st - Test JS-implementations of NRS crypto algo, deploy NRS with Asset Exchange to the testnet
22nd - Resolve some issues assigned to me in Jira
23rd - Implement transaction handling in Lakshmi
24th - Review Account Control code
25th - Fix bugs in Account Control code
26th - Day-off

Well, I could do VS review on 26th, then bug fixes and testing...

I noticed someone squatted on Lakshmi Sad

Edit: TODAY even...Squatters Undecided

It's someone who is a regular here. I suspect someone out of the top "30" guys here.

landomata

legendary

Activity: 2184

Merit: 1000

Quote from: Come-from-Beyond on January 20, 2014, 02:31:16 PM

Quote from: utopianfuture on January 20, 2014, 02:27:08 PM

Yesssss - can't wait until 21st. I want to test the asset exchange. Would be fun enough to forget all the voting and funding discussion for a while.

Then u should read Asset Exchange APIs. We don't have a client yet.

there is something in the works...

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: utopianfuture on January 20, 2014, 02:27:08 PM

Yesssss - can't wait until 21st. I want to test the asset exchange. Would be fun enough to forget all the voting and funding discussion for a while.

Then u should read Asset Exchange APIs. We don't have a client yet.

CIYAM

legendary

Activity: 1890

Merit: 1086

Ian Knowles - CIYAM Lead Developer

Quote from: Anon136 on January 20, 2014, 02:26:10 PM

So for example you may say: A1 is spend on alice for marking, A2 is spend on bob for marketing, and A3 is spend on charlie for marketing. B1 is spend on nate for development, B2 is spend on frank for development, and B3 is spend on jim for development? Asside from being a little bit sexist, is that something like what you are talking about?

Yes - this is the basic idea - so people are voting whether to spend on "marketing" or "development" but who will actually *get* the funds for either choice would be a random choice of the winning "side" (the randomness could be based upon timestamps or something else blockchain related such as hashes).

So if you are "Alice" then spending a huge amount of NXT may guarantee that A wins the vote but it doesn't at all guarantee that *you* win the vote.

wesleyh

sr. member

Activity: 308

Merit: 250

Quote from: Come-from-Beyond on January 20, 2014, 02:21:47 PM

Quote from: coolmist on January 20, 2014, 02:12:40 PM

I can code a client by the end of today for macs.

Ok. Let me check my schedule...

20th - Implement mining in Lakshmi
21st - Test JS-implementations of NRS crypto algo, deploy NRS with Asset Exchange to the testnet
22nd - Resolve some issues assigned to me in Jira
23rd - Implement transaction handling in Lakshmi
24th - Review Account Control code
25th - Fix bugs in Account Control code
26th - Day-off

Well, I could do VS review on 26th, then bug fixes and testing...

Well, if it's only going to take that long then I probably shouldn't bother; http://nxtra.org/voting/add.php (unfinished...)

landomata

legendary

Activity: 2184

Merit: 1000

Quote from: Come-from-Beyond on January 20, 2014, 02:21:47 PM

Quote from: coolmist on January 20, 2014, 02:12:40 PM

I can code a client by the end of today for macs.

Ok. Let me check my schedule...

20th - Implement mining in Lakshmi
21st - Test JS-implementations of NRS crypto algo, deploy NRS with Asset Exchange to the testnet
22nd - Resolve some issues assigned to me in Jira
23rd - Implement transaction handling in Lakshmi
24th - Review Account Control code
25th - Fix bugs in Account Control code
26th - Day-off

Well, I could do VS review on 26th, then bug fixes and testing...

I noticed someone squatted on Lakshmi Sad

Edit: TODAY even...Squatters Undecided

coolmist

newbie

Activity: 56

Merit: 0

Quote from: Come-from-Beyond on January 20, 2014, 02:21:47 PM

Quote from: coolmist on January 20, 2014, 02:12:40 PM

I can code a client by the end of today for macs.

Ok. Let me check my schedule...

20th - Implement mining in Lakshmi
21st - Test JS-implementations of NRS crypto algo, deploy NRS with Asset Exchange to the testnet
22nd - Resolve some issues assigned to me in Jira
23rd - Implement transaction handling in Lakshmi
24th - Review Account Control code
25th - Fix bugs in Account Control code
26th - Day-off

Well, I could do VS review on 26th, then bug fixes and testing...

That actually works perfectly for me, I have the 26th off too.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: Come-from-Beyond on January 20, 2014, 02:21:47 PM

Quote from: coolmist on January 20, 2014, 02:12:40 PM

I can code a client by the end of today for macs.

Ok. Let me check my schedule...

20th - Implement mining in Lakshmi
21st - Test JS-implementations of NRS crypto algo, deploy NRS with Asset Exchange to the testnet
22nd - Resolve some issues assigned to me in Jira
23rd - Implement transaction handling in Lakshmi
24th - Review Account Control code
25th - Fix bugs in Account Control code
26th - Day-off

Well, I could do VS review on 26th, then bug fixes and testing...

Yesssss - can't wait until 21st. I want to test the asset exchange. Would be fun enough to forget all the voting and funding discussion for a while.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: CIYAM on January 20, 2014, 02:19:51 PM

Quote from: Anon136 on January 20, 2014, 02:17:14 PM

on second thought you would still need to craft the incentives right either way because a gamer could in theory purchase votes from stakeholders.

But once again if the vote is only for A or B rather than A1..x and B1..x then buying those votes are no better than using your own NXT.

The idea being that the choice of A1...x or B1...x would be entirely *random* (not a specific choice) so the specific choice that has been voted on is just the general idea of either A or B.

Hope this makes sense (yes corruption could still happen if all the A's or B's colluded and that would have to be another issue to be considered).

I thought I understood what you were saying before. now i am not so certain Undecided

So for example you may say: A1 is spend on alice for marking, A2 is spend on bob for marketing, and A3 is spend on charlie for marketing. B1 is spend on nate for development, B2 is spend on frank for development, and B3 is spend on jim for development? Asside from being a little bit sexist, is that something like what you are talking about?

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

Newsflash!

NXT Watcher version 0.1.4. is out!

Not a groundbreaking release, but I added a few new features.
v0.1.4, 20.01.2014:

Added refresh button to the chart view, thus no more need to re-download data each time (except android closes the app).
Added free-vertical zoom/move mode.
Implemented a smart vertical grid instead of the fixed grid.
Fixed a bug that caused the app to crash if it was closed by android and restarted using the app history.

Damelon

legendary

Activity: 1092

Merit: 1010

Quote from: landomata on January 20, 2014, 07:59:04 AM

Quote from: Come-from-Beyond on January 20, 2014, 07:58:22 AM

Quote from: landomata on January 20, 2014, 07:56:53 AM

so r u saying he would have to invent TF himself to compete?

Yes.

its a feature

Edit: features don;t have to be open source do they...just like HIVE or DNA

Sorry but I just stumbled upon this while preparing my summary.

Nearly blew coffee through my nose laughing.

I had never realised it and it's bloody hilarious Grin

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: coolmist on January 20, 2014, 02:12:40 PM

I can code a client by the end of today for macs.

Ok. Let me check my schedule...

20th - Implement mining in Lakshmi
21st - Test JS-implementations of NRS crypto algo, deploy NRS with Asset Exchange to the testnet
22nd - Resolve some issues assigned to me in Jira
23rd - Implement transaction handling in Lakshmi
24th - Review Account Control code
25th - Fix bugs in Account Control code
26th - Day-off

Well, I could do VS review on 26th, then bug fixes and testing...

CIYAM

legendary

Activity: 1890

Merit: 1086

Ian Knowles - CIYAM Lead Developer

Quote from: Anon136 on January 20, 2014, 02:17:14 PM

on second thought you would still need to craft the incentives right either way because a gamer could in theory purchase votes from stakeholders.

But once again if the vote is only for A or B rather than A1..x and B1..x then buying those votes are no better than using your own NXT.

The idea being that the choice of A1...x or B1...x would be entirely *random* (not a specific choice) so the specific choice that has been voted on is just the general idea of either A or B.

Hope this makes sense (yes corruption could still happen if all the A's or B's colluded and that would have to be another issue to be considered).

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1487. (Read 2761645 times)