Topic: NXT :: descendant of Bitcoin - Updated Information - page 17. (Read 2761626 times)

Nice !

congratulation! that is 1.3% return right there!

After 10 days got my 1st block minted +33NXT with 2500NXT in account 

I totally agree here, and feel this has to be taken into account when considering marketing efforts.


What good does any marketing do Nxt if it drives huge amounts of traffic and interest that all lead to a "bad taste with investors and potential users in crypto land"?  You agree, then, that the Mastercoin example illustrates my point.  Don't even get me started on eMunie.


I think you're not aware of what's happening behind the scenes.  Work is in progress on these things *now*.



What does "Nxt out to the stratosphere" mean to you?  It's a genuine question.  Help me understand your goals by defining for me what your vision of success looks like.


Fine.  What do those businesses get out of the deal?  How much work to they need to put in?  What is their ROI?  And once you have all that figured out, how does it compare to other possible channels?

If Nxt incentivizes a business to "get them on board", and there is no return for that business as a result, how is that any different than the kind of marketing we now both agree is BAD -- i.e. making promises on which you cannot deliver?

It's TOO EARLY for all of this, Ola.  I do take your point that we need to be planning ahead... but I also insist that this is happening, in the background, on many fronts, so that we WILL be ready when features are ready.


Let's see if I follow your logic:
- nobody gives a damn about Nxt or Bitcoin
- Nxt and Bitcoin are not investment opportunities, otherwise people would care about them
- people do give a damn about things that bring them profits (i.e. good invesment opportunities)
- so your point is.... ?  I'm lost

It sounds more and more like we absolutely agree on all fronts, Ola.


Oh!  This is a lovely feature of Nxt!  Tell me: how does it work?  WHat is that X you refer to?  Where is the demo of this thing?  What are the features?  When will it be out?  How can I invest?  Who do I talk to?  Do these people have real names or are you asking me to invest millions of dollars into a crypto being developed out of an Internet forum by people named after Star Trek characters?  

Sounds great! When can I start?

How can we market something that does not exist yet, is not yet fully designed, has no complete development plan, and no accountable delivery dates?  How is that that you are not understanding these fundamentals?

Look at Jean-Luc's road map.  The key message is that we need DEVELOPERS.  Without that, nothing can be built, on any timeline, EVER.

IMHO, marketing needs to assist *right now* with helping to locate developer help.  That is Priority One.


I can't wait to see it!  I'll start making the popcorn.

Good afternoon guys 

maybe  a scam

Since this is a piece of information you give the recipient what you are suggesting is already there and quite easy, dont broadcast the transaction, give the singed transaction to the recipient. The only problem is the danger of a double spend. Also can be done otherwise but why complicate it when it is already applicable using the current design but with a specific use to acheive  this goal.

So this is NXT but in node.js???

I hope you think is right
Please give me a piece of good news
Thank you

Do you this is what meaning?
 

This is like Western Union.

NXT Newsletter #8
http://nxter.org/nxt-newsletter-8/

My last post for a while as I am aware I am spamming this thread..... 

(you did want to know about development, right?    )


jl777 has a plan for fiat inside Nxt without the need and expense of dealing with all the regulations (i.e. let someone else deal with that  )  >>> https://nxtforum.org/general-discussion/nxt-asset-exchange-lt-gt-ripple-bridge-idea/msg7517/




N.B.

****
Transaction Fees (truncated)
 
The fees are currently set atː

Issue an Asset on the AEː 1000 NXT

1000 NXT to issue an Asset is designed to limit Squatting of asset names when the the Asset Exchange is launched on the MainNet. A technical fix is being discussed so this fee may drop shortly before the Asset Exchange is launched or, if not, shortly after once the likelihood of squatting has diminished.
 
Future changes to the Transaction Fee are planned and the Fee will be based on the the size of the transaction. This make the fee directly proportional to the space it will occupy on the Blockchain. This will also solve the problem of preventing Spamming of the Blockchain.
 
****
Source: The Nxt Glossary >>> https://wiki.nxtcrypto.org/wiki/Glossary

Although the price is decreasing, the trade volume is very small.
It means big stakeholders are hodling. They are doing so for reasons.

That is where I saw that link   

Sepehr* with Nexern's bounty are on this, right?



*(sorry, I think I spelled your name wrong again  )

Our (currently) most prominent Service Provider* developer jl777 has his published his own road map for his projects >>> https://nxtforum.org/multigateway-(third-party)/roadmap/

*(i.e. not part of the Nxt core)

jl777 also has a github somewhere too, 10,000 lines of code to produce so far on the following projects. Go go go!!

****
Roadmap - Just a placeholder till I get time to write one

April 09, 2014, 02:29:25 pm

-------------------------------------------------------------------------------

Just a placeholder till I get time to write a better one. The order listed probably wont match actual chronology, but I will adjust as things change.

1. multigateway beta release
2. nodecoin beta release
3. multigateway bug fixes
4. secret project internal release
5. NXTmixer proof of concept
6. multigateway release candidate
7. secret project beta release
8. nodecoin destroys everything
9. eat a pizza

James

****


If you just bookmark these two threads, you will be able to keep up with most broadbrush technical developments in the world of Nxt  

I have translated this to Chinese as following.
How is nxtcoin (nxt) proof of stake and transparent forging better than proof of work?
https://nxtforum.org/(chinese)/how-is-nxtcoin-(nxt)-proof-of-stake-and-transparent-forging-better-than-proof-of/new/#new

Donation welcomed.

I think it was missed on this thread but there is a Development Roadmap published by Jean-Luc on nxtforum.org  >>>  https://nxtforum.org/news-and-announcements/development-roadmap/

In short, many features are written and are being integrated into the main code as we speak ready for testing (there is also a github somewhere to prove it). If we want stuff quicker then we need to find more Java developers to spread the work around

5* for Jl, Come-from-Beyond and the rest for the work so far.

****
Development roadmap

 April 09, 2014, 02:01:43 pm

--------------------------------------------------------------------------------

I am now working on integrating into the develop branch the changes from
feature/tf branch that CfB was working on. Those include Digital Goods Store,
Effective Balance Leasing, Transparent Forging changes (getNextBlockGenerators),
Phased transactions (not sure if this got completed). They will be enabled only
on test net initially, but I need to merge the code, convert all amount handling
logic to NQT, do some review and refactoring, fix obvious bugs if any.

I also need to integrate the canonical signatures and AES encrypt patches from
Dr Evil, and switch the encryption in DGS to use AES.

In the meantime, Wesley and other client devs should make the transition to NQT
so that their clients work with the 0.9 branch.

The remaining issue in AE:
https://bitbucket.org/JeanLucPicard/nxt/issue/79/buy-order-and-sell-order-matching-does-not
needs to be resolved, and this is a good warm-up task for a new developer, while
I am busy with the above work.

After bugs in fractional NXT transactions are found and fixed, we need to try on
test net the NQT_BLOCK transition without a blockchain reset. This means, first
we do another reset by setting NQT_BLOCK in the future, so that blocks with
fractional transactions on test net get deleted and again everything is only in
whole NXT. Until NQT_BLOCK, 0.9 nodes internally use NQT, but transactions are
still signed in the old format, with integer amounts. When NQT_BLOCK is reached,
transactions after that block will be signed and verified in the new format
(amounts as longs). Around the time of the transition, transactions that were
created before NQT_BLOCK but didn't get a chance to be included in the last
non-NQT block, will end up eventually being rejected. Similarly, if a fork
reached NQT_BLOCK height sooner, and its nodes started signing transactions in
the new format sooner than the real chain, those new transactions may either get
rejected, or popped off and included in new blocks after NQT, depending on their
timestamp and deadline. So overall this is a tricky transition and we need to
rehearse it first on testnet.

Only after such test is successful, and we have switched to NQT on main net, with
all clients supporting NQT and AE, we can consider launching AE.

I need to work on moving all derived objects - Accounts, Assets, etc, to the
database. I will start on that immediately after finishing the merge of the
feature/tf branch. The launch of AE does not strictly need to wait for this to
be completed, but while everything is still kept in memory we don't have a
scalable system and if AE is unexpectedly successful we will not be prepared
to handle the sudden increase in assets, orders, trades and so on. Moving those
to the database will in turn create different performance issues that need to be
found and fixed.

There are several projects that can be taken by new developers in parallel with
the above:

The Voting System needs to be tested and put in production, and will need an API
to get some statistics about voting with various restrictions - such as, only
count NXT that did not move in the last n blocks, or that did not move after the
poll was created, or do not count accounts that were created after the poll, and
so on. Having a working Voting System is important so we can agree on changes to
the minimum fee and asset issuance fee.

Alias transfer, or maybe trading, or expiration, need to be implemented. This is
again a standalone area and I don't have the time to focus on it soon.

The performance of getNextBlockGenerators, needed for TF, has to be significantly
improved. I have some ideas about it, and will see what I can do while integrating
the feature/tf branch, but finishing it may be left for a new developer. Related
to that, the implementation of UDP server and accepting transactions over UDP for
faster and DDOS-resistant processing, is again a completely standalone project
that somebody needs to take.

Features like parallel chains, blockchain shrinkage, persisting or not of some
transactions during shrinkage, will be looked at after the above work is done.
------------------------------------------

N.B.

****

NQT
See nxtQuant.

nxtQuant
This is the name given to 0.00000001 NXT (or 10^-8 in mathematical shorthand) in the Nxt code and abbreviated to NQT. nxtQuants are equivalent to satoshis in Bitcoin and allows NXTs to be highly divisible, making them tradable with coins that have values many decimal places higher or lower than Nxt. nxtQuant is currently a temporary name.

****
Source:  The Nxt Glossary  >>>  https://wiki.nxtcrypto.org/wiki/Glossary

FOR ALL OF THE NEWCOMERS - WE HAVE MOVED TO A NEW FORUM!

                       https://nxtforum.org/

JUST SO YOU DON'T GET DISCOURAGED BY LOOKING AT THIS THREAD.

DEVELOPMENT IS STILL GOING ON!!

Please check out www.nxtforum.org this is the place to be. all the good stuff is happening over there