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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1569. (Read 2761647 times)

full member
Activity: 266
Merit: 100
NXT is the future
put it on one account with three people that know the password

the community decides by vote when to send money.

one of the three is sending

Pin

Yes, that could work!

I say....Anon, CFB & Klee....manage the account.

Edit : Its a long shot all three will disappear at the same time

The three should have the intention to support NXT in the long term, and have time to be there for the community.

So CfB is out Grin

Pin
legendary
Activity: 2184
Merit: 1000
put it on one account with three people that know the password

the community decides by vote when to send money.

one of the three is sending

Pin

Yes, that could work!

I say....Anon, CFB & Klee....manage the account.

Edit : Its a long shot all three will disappear at the same time
hero member
Activity: 655
Merit: 500
put it on one account with three people that know the password

the community decides by vote when to send money.

one of the three is sending

Pin

Yes, that could work!
full member
Activity: 350
Merit: 100
I'm launching a cryptocoin based on Nxt AM technology. It will be a PoW coin, but it will be protected against 51% attacks by Nxt PoS algo. If this coin becomes popular then we will see a lot of forks. Any ideas if this will make Nxt more or less popular? Such coins require to have an Nxt wallet, coz transactions a made by paying 1 NXT fee.

If it requires a Nxt account, and costs 1 NXT, I don't see how it would make Nxt less popular. Just a quick reaction before I fall asleep (and the valerian is kicking in...)
full member
Activity: 238
Merit: 100

I suggest to send those Nxt to the genesis account. What we care is Nxt itself whether Nxt idea is valuable and worth to develop and invest in. If yes, the community doesn't lack those Nxt. So many stakeholders have more than 10 M, and if they care Nxt they know how to do it. If yes, we know how to earn Nxt if we don't have Nxt through our development, marketing and any kinds of work. If not, send anyone those Nxt means nothing.



Why is it that realism evades so many here?
Yes we all have ideologies and want NXT to succeed based on it's own merits, but without PR nxt is nothing.
The best paintings have never been seen and the best music never been heard and the best codes has never been ran.
PR is the key that unlocks NXT's potential, not the other way around.

We are a semi-small team of people who do 90% of the promotional and activist work surounding NXT and we don't get paid for it, we do it because we believe in NXT, but would it help TREMEDNOUSLY if these 10M got put into our work? Obviously.

And if you truly want NXT to succeed you will see that marketing and promotion is necessary.

Yes, we do it because we believe in Nxt. If Nxt is a profound innovation, the believer doesn't care about the short term ROI of our investment of money, time, development, PR, marketing. Marketing and promotion is important, but I don't think it is so important for us to consider how to deal with the community's money for a better success of Nxt. "A world with the money can not be perfect." , so I suggest throw it to be anit coins and don't wast time on it.

Take Bitcoin for example, Satoshi and other developers, early adopters, developed and mined more than 2 Million without any PR, marketing in the first 2 years. Bitcoin's success is not on the early marketing and PR, but their profound innovation, infrastructure and their believes in their innovation. If there are not so many users adoption in Nxt, OK, the price goes down, and buy in and just do our work and accumulate the infrastructure, and we can get the success in the middle and long term. If there are so many adoption due to Nxt is so attractive right now, OK, more and more users will join the community and work together, and everyone's work is more valuable in money right now.

So if you believe in Nxt's innovation, buy in Nxt for the investment and work for Nxt. Don't depend on those 10 M Nxt. Depend on your own investment and your own work. Someone may find it is very risky and just want to earn in short term for their investment in time, money and development work. It's the real market, and we also need those users, or we can't buy in so many to get a lot return for our consistent work.





full member
Activity: 350
Merit: 100
What is something happens with Annon?

We could place Anon in stasis inside the blockchain until technology is sufficiently advanced to resuscitate him. Do we have a cryogenics API yet?

I dunno, it's a valid question. What if? I don't know. Consider it a future mining possibility 10 years down the road?

If something happened (G*d forbid), at least the NXT wouldn't permanently be lost (or any change made to the code).
legendary
Activity: 2142
Merit: 1010
Newbie
I'm launching a cryptocoin based on Nxt AM technology. It will be a PoW coin, but it will be protected against 51% attacks by Nxt PoS algo. If this coin becomes popular then we will see a lot of forks. Any ideas if this will make Nxt more or less popular? Such coins require to have an Nxt wallet, coz transactions a made by paying 1 NXT fee.
full member
Activity: 266
Merit: 100
NXT is the future
put it on one account with three people that know the password

the community decides by vote when to send money.

one of the three is sending

Pin
hero member
Activity: 910
Merit: 1000
sr. member
Activity: 297
Merit: 250
ethereum has some interesting features. esp. the DACs getting my attention.
some questions for those with a fresher overview about this:

1. DACs are first defined by a company called invictus?
2. is there any real working DAC in any running system now?
3, if so, where and what kind of task?
4. would it make sense to create DACs for nxt?
5. if so, would this lead into real media attention or is this just buzz?

1. Yes, Daniel Larimer (bytemaster) is the coiner of the phrase.
2. Bitcoin and many many other crypto-protocols
3. See no.2
4. NXT is a DAC but could be subdivided into smallers DACS by forking the protocol like protoshares will be forked to bitshares, etc.
5. No it wouldn't lead to any extra attention

thx for the info marcelus, it seems i have had a totally different approach in understanding DACs.
calling bitcoin a DAC seems not very logic to me, autonomous neither, perhaps i mixed up with
smart contracts.



All distributedly managed blockchain's are autonomous by their very nature. Bitcoin is an autonomous payments corporation and people who own bitcoins are its shareholders. This applies to any blockchain with tokens (coins).
sr. member
Activity: 376
Merit: 300
I wouldn't block anything at all. There is no problem to find 10 trusted people.

What about sending 1M to 10 accounts without changes in the code?
This is a good idea, imho.
full member
Activity: 266
Merit: 100
NXT is the future
When the community had to choose 3 questions to BCNext it managed to do it quite quickly. Now, when a lot of money involved, we all see that the community can't come to a consensus that easily...

Let's continue this psychological experiment!

Interesting.

I suggest to send those Nxt to the genesis account. What we care is Nxt itself whether Nxt idea is valuable and worth to develop and invest in. If yes, the community doesn't lack those Nxt. So many stakeholders have more than 10 M, and if they care Nxt they know how to do it. If yes, we know how to earn Nxt if we don't have Nxt through our development, marketing and any kinds of work. If not, send anyone those Nxt means nothing.

If the community strongly suggest keep those Nxt, I suggest Anon136 be my vote.

"A world with the money can not be perfect." --- BCNext



I second Anon136. Has done much for the community and has earned the trust many times over.


Anon136 is an elder with 100% trust. If he is willing then problem solved. If community destroyed 1% of NXT because nobody can do this task and be trusted, who would stakeholders send their NXT to in the future? NXT needs trusted people to survive.

It's already too hard for many to keep up with NXT details, so community needs leaders and trusted people. There is no other way. This is a crucial test. 1% of NXT can pay for enough activities to establish NXT without stakeholders. Further development comes from internal NXT payments for services. People earn their NXT which is good and proper way to develop the NXT economy

If Anon136 is not able to be the keeper of the NXT, then keep looking for another trusted person. It is worth the effort.

The 10 Million gift from the forgetful founders is the solid food for baby NXT when the tit runs dry, and baby milk is finished. Do not destroy toddler NXT food.


What is something happens with Annon?

legendary
Activity: 1540
Merit: 1016
good news dudes
hero member
Activity: 924
Merit: 1003
Unlimited Free Crypto
guys all day no buyers for god sake!!!! I am offering 500'000NXT @ 0.000035 each! any buyers?

- Lophie
hero member
Activity: 655
Merit: 500
When the community had to choose 3 questions to BCNext it managed to do it quite quickly. Now, when a lot of money involved, we all see that the community can't come to a consensus that easily...

Let's continue this psychological experiment!

Interesting.

I suggest to send those Nxt to the genesis account. What we care is Nxt itself whether Nxt idea is valuable and worth to develop and invest in. If yes, the community doesn't lack those Nxt. So many stakeholders have more than 10 M, and if they care Nxt they know how to do it. If yes, we know how to earn Nxt if we don't have Nxt through our development, marketing and any kinds of work. If not, send anyone those Nxt means nothing.

If the community strongly suggest keep those Nxt, I suggest Anon136 be my vote.

"A world with the money can not be perfect." --- BCNext



I second Anon136. Has done much for the community and has earned the trust many times over.


Anon136 is an elder with 100% trust. If he is willing then problem solved. If community destroyed 1% of NXT because nobody can do this task and be trusted, who would stakeholders send their NXT to in the future? NXT needs trusted people to survive.

It's already too hard for many to keep up with NXT details, so community needs leaders and trusted people. There is no other way. This is a crucial test. 1% of NXT can pay for enough activities to establish NXT without stakeholders. Further development comes from internal NXT payments for services. People earn their NXT which is good and proper way to develop the NXT economy

If Anon136 is not able to be the keeper of the NXT, then keep looking for another trusted person. It is worth the effort.

The 10 Million gift from the forgetful founders is the solid food for baby NXT when the tit runs dry, and baby milk is finished. Do not destroy toddler NXT food.
full member
Activity: 266
Merit: 100
NXT is the future
We had a 24h deadline back then.

Pin

A deadline for this wasn't set iirc.

So more time to discus  Smiley
hero member
Activity: 714
Merit: 500
Crypti Community Manager
I was on an electrical engineering conference in Munich and thus was absent. I will catching up with the thread now (since the milestone, page 1000) and update my site with the newest download link for the client tomorrow!

Soon I will announce my AM project! Smiley
legendary
Activity: 2142
Merit: 1010
Newbie
We had a 24h deadline back then.

Pin

A deadline for this wasn't set iirc.
full member
Activity: 266
Merit: 100
NXT is the future
When the community had to choose 3 questions to BCNext it managed to do it quite quickly. Now, when a lot of money involved, we all see that the community can't come to a consensus that easily...

Let's continue this psychological experiment!

We had a 24h deadline back then.

Pin
full member
Activity: 182
Merit: 100
NXT.org

I suggest to send those Nxt to the genesis account. What we care is Nxt itself whether Nxt idea is valuable and worth to develop and invest in. If yes, the community doesn't lack those Nxt. So many stakeholders have more than 10 M, and if they care Nxt they know how to do it. If yes, we know how to earn Nxt if we don't have Nxt through our development, marketing and any kinds of work. If not, send anyone those Nxt means nothing.



Why is it that realism evades so many here?
Yes we all have ideologies and want NXT to succeed based on it's own merits, but without PR nxt is nothing.
The best paintings have never been seen and the best music never been heard and the best codes has never been ran.
PR is the key that unlocks NXT's potential, not the other way around.

We are a semi-small team of people who do 90% of the promotional and activist work surounding NXT and we don't get paid for it, we do it because we believe in NXT, but would it help TREMEDNOUSLY if these 10M got put into our work? Obviously.

And if you truly want NXT to succeed you will see that marketing and promotion is necessary.
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