NXT :: descendant of Bitcoin - Updated Information - page 1537.

landomata

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Quote from: pinarello on January 19, 2014, 03:33:10 AM

can we now focus back on NXT and finaly move on?

release for testing nexerns client 26th is that official?

Pin

Its been awhile since we last had some update...wish Nexern could provide latest feedback on current status, ETA, etc.

pinarello

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NXT is the future

Quote from: allwelder on January 19, 2014, 03:51:28 AM

Quote from: pinarello on January 19, 2014, 03:33:10 AM

can we now focus back on NXT and finaly move on?

release for testing nexerns client 26th is that official?

Pin

Pin，I think it is better to produce the video with the nexern's "official" client after talked in QQ (like skype)group yesterday .Most of people just trust the "official" boz of the recent steal event ,although these event are not related with "unofficial".
So we need to wait the release of nexern's client,then make video ,OK?

And I am translating the video from salsacz first and promote them.

Agreed.

allwelder

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Quote from: pinarello on January 19, 2014, 03:33:10 AM

can we now focus back on NXT and finaly move on?

release for testing nexerns client 26th is that official?

Pin

Pin，I think it is better to produce the video with the nexern's "official" client after talked in QQ (like skype)group yesterday .Most of people just trust the "official" boz of the recent steal event ,although these event are not related with "unofficial".
So we need to wait the release of nexern's client,then make video ,OK?

And I am translating the video from salsacz first and promote them.

pinarello

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Activity: 266

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NXT is the future

second discusion was about marcus03 client, coz not open source.

minusbalancer will be open source (minus please elaborate when and how)

nexern is open source.

pinarello

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NXT is the future

we were talking about the unclaimed funds: these are some ideas:

https://bitcointalksearch.org/topic/m.4579955

https://bitcointalksearch.org/topic/m.4580123

https://bitcointalksearch.org/topic/m.4580590

Pin

pinarello

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NXT is the future

Quote from: Come-from-Beyond on January 19, 2014, 03:41:12 AM

Why should we hurry, let's wait until big stakeholders distribute more coins

http://www.youtube.com/watch?v=N1NupxasQWs

PS: I'm kidding. Asset Exchange will be launched soon.

distribution of coins isnt a problem some dumping going on on some exchanges big fish getting out.

Come-from-Beyond

legendary

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Newbie

Why should we hurry, let's wait until big stakeholders distribute more coins

http://www.youtube.com/watch?v=N1NupxasQWs

PS: I'm kidding. Asset Exchange will be launched soon.

pinarello

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NXT is the future

when will decentralized exchange be launched?

pinarello

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NXT is the future

can we now focus back on NXT and finaly move on?

release for testing nexerns client 26th is that official?

Pin

greyw00lf

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Quote from: BitAddict on January 19, 2014, 03:16:07 AM

Problem is that we will end in the same place than bitcoin. People will just get lazy with the time + forget how bad is that and will give the power to the pools.
The more new users will have NXT, the more we will suffer this problem with the time.

BCNext knows and also we know, that the key is to keep the currency decentralized. Is better you can't give power to another, than this option. This will just lead to problems in the future with centralizated pools.

+1

Come-from-Beyond

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Quote from: BitAddict on January 19, 2014, 03:16:07 AM

Problem is that we will end in the same place than bitcoin. People will just get lazy with the time + forget how bad is that and will give the power to the pools.
The more new users will have NXT, the more we will suffer this problem with the time.

Is better you can't give power to another, than this option. This will just lead to problems in the future.

People should think themselves. If Nxt concept dies due to people laziness - so be it.

BitAddict

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Quote from: Come-from-Beyond on January 19, 2014, 03:11:10 AM

Quote from: BitAddict on January 19, 2014, 03:05:30 AM

I guess you mean couldn't, right?

I mean shouldn't. They will be able to do that if they need one entity to rule them all.

Problem is that we will end in the same place than bitcoin. People will just get lazy with the time + forget how bad is that and will give the power to the pools.
The more new users will have NXT, the more we will suffer this problem with the time.

BCNext knows and also we know, that the key is to keep the currency decentralized. Is better you can't give power to another, than this option. This will just lead to problems in the future with centralizated pools.

Is like trying to solve one problem making another bigger.

Come-from-Beyond

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Quote from: BitAddict on January 19, 2014, 03:05:30 AM

I guess you mean couldn't, right?

I mean shouldn't. They will be able to do that if they need one entity to rule them all.

BitAddict

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Quote from: EmoneyRu on January 19, 2014, 03:01:28 AM

Quote from: BitAddict on January 19, 2014, 02:04:55 AM

BTW Target is: 100/Target, right?

How is possible that target sometimes is under 100?

https://nextcoin.org/index.php/topic,1913.0.html

Thanks!

Quote from: Come-from-Beyond on January 19, 2014, 03:01:53 AM

Quote from: BitAddict on January 19, 2014, 02:59:57 AM

But is true that is also dangerous if all the people start to give that "only watch wallet" to the pools. And is no good if pools start getting the control.

People shouldn't give all the power to a single forging pool. U could lease only 50% of the power and leave 50% for urself.

I guess you mean couldn't, right?

нe мoг

Come-from-Beyond

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Quote from: BitAddict on January 19, 2014, 02:59:57 AM

But is true that is also dangerous if all the people start to give that "only watch wallet" to the pools. And is no good if pools start getting the control.

People shouldn't give all the power to a single forging pool. U could lease only 50% of the power and leave 50% for urself.

EmoneyRu

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Nxt-kit developer

Quote from: BitAddict on January 19, 2014, 02:04:55 AM

BTW Target is: 100/Target, right?

How is possible that target sometimes is under 100?

https://nextcoin.org/index.php/topic,1913.0.html

BitAddict

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Quote from: Come-from-Beyond on January 19, 2014, 02:51:01 AM

Quote from: BitAddict on January 19, 2014, 02:45:00 AM

I read that devs were working in something like this. Any update?

We were brainstorming on what to add to Account Control.

Thanks.

I mentioned this before

"Offline wallet with coins --> Gives permission to forge to ---> Copy of wallet but "only watch"
So you have the same wallet and you can forge.

Exactly the same like Armory offline wallets for bitcoin with the extra of forging."

But is true that is also dangerous if all the people start giving that "only watch wallet" to the pools. We will start to be centralized.

We need some kind of system that pooling is impossible to do without sending coins.

Come-from-Beyond

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Quote from: BitAddict on January 19, 2014, 02:45:00 AM

I read that devs were working in something like this. Any update?

We were brainstorming on what to add to Account Control.

BitAddict

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Now something serious. With all this NxT getting lost, we should focus in security.

We need some kind of system like:

Offline wallet with coins --> Gives permission to forge to ---> Copy of wallet but "only watch"
So you have the same wallet and you can forge.

Exactly the same like Armory offline wallets for bitcoin with the extra of forging.

Also 1 password for opening account and another 1 password for sending could work for the short term.

I read that devs were working in something like this. Any update?

BitAddict

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Quote from: landomata on January 19, 2014, 02:26:04 AM

Quote from: erik__ on January 19, 2014, 02:23:23 AM

Quote from: BitAddict on January 19, 2014, 01:43:05 AM

I know you will think this is too early for this but I don't want we fail in the same point bitcoin did.

In the real world people like to use high amounts, and never less than cents. Currently with bitcoin sitting nearly @ $1,000/each this is stopping people from buying them. You look so miserable when you spend $50 and you get 0.05 bitcoin. The higher the price will go, the higher this will stop people from buying it.
And to be honest, milibitcoin won't be a good solution. People wants to hold at least 1 bitcoin, now it feels too expensive.
Also is a pain in the ass to read/send 0.00145 for example.

The better way would be to do a split, like in the stock market. For example at every $1,000 we move the comma 3 places. So, now we total coins is 21,000 million and all the people would have x1,000 , so new people can happily buy 50 bitcoins with $50 dollars.

Will be possible in NxT to easily do the split? IMO this will be mandatory in the future.

If one Nxt is ever worth a thousand dollars (trillion dollar market cap) then you might want to just sell and stop worrying about the future at that point.

Folks we have landed on MARS!

ROLF. I didn't think before that post!

Anyway we deserve more than that Tongue

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