Topic: NXT :: descendant of Bitcoin - Updated Information - page 1709. (Read 2761645 times)

Running it now on my RPi.

Any chance of an API call to get updated confirmation counts for a batch of transactions, e.g. for all transactions in a block? Updating these one-by-one will not scale.

See https://bitcointalksearch.org/topic/m.4425690 for more.

Thanks!

I am not a programmer at all n not qualified to make any comments about the source code.  I make my comments strictly from a user's perspective....

I am glad to hear that your review of the code has been positive.  And that ricot feels the same way.

I don't understand how the new features of nxt will be coded cuz i'm not a coder at all... but as a user.... I can totally see the huge value and advantage that nxt's features can bring to the market this is why I took the risk to invest my money into nxt so I'm not some knucklehead in the media who comments on btc or nxt n has never bought, owned or sold a btc.

I'm just stating the current status of nxt.  We talk about all these new features but as a user... I'm not able to use any of those features yet so it's still a "fantasy" until it becomes a reality...

Like I said before... once the proof is available that users like myself can use the features of nxt like BCnext claims then I'll be the first to promote n market the genius behind his work but if all we have is the source code right... n no implementation.... we are far from having solid proof that BCnext is another Satoshi genius.

I understand it takes time to create the code n put it to work so that users like myself can use it n i'm wiling to be patient n waiting.

During this Beta period... i'm gonna hold back from putting BCnext on the same stage as Satoshi....

Tai Zen

still running 0.5.3 on my Raspberry Pi - very stable!
00:00:57 up 3 days,  4:07,  1 user,  load average: 0.66, 0.86, 0.88

In the days when computers were simple - people used simple solutions - why can't we just add a check digit - will catch most mistakes

http://en.wikipedia.org/wiki/Luhn_algorithm

I think this is a great idea and I will support including it in the official client.

Where do i find this client? Do the charts work?

Wow I thought you should know better since you said you are an investor from an early day. The guy doesn't care about money. You should come back and browse all the posts BCNext made in this forum and you will see that the guy want to make his idea material first. Financial gain will come but I don't think that is his primary concern. If he is materialistic, he would have done another J.R mastercoin fundraising style and pocket 1-2 thousand BTC instead of a mere 21 BTC.

It takes a historical perspective to know what kind of contributions BCNext would make so I agree that at this point over-hype is premature. But in my personal observations, he has shown some signs of a genius in the making in some levels. There are technical innovations such as POS, transparent forging, however what I see the most valuable in his works is a coherent vision of what a decentralized network could be. It's similar to the way Steve Job designs the first Iphone. There are technical improvements compared to earlier smartphones in the first Iphone, but much more important innovation is the way everything is brought together to define what a smartphone should be. NXT decentralized network could be the same. It will succeed not on a specific feature but on the way all the different features are bought together in a coherent framework; plus all that hi-techs are accompanied with strong message of decentralization and community involvement. That the whole package together imho is the novel contribution.    

Satoshi has paved the way with his blockchain original idea. But without a written evidences, I doubt Satoshi has such a strong vision of how a decentralized network based on blockchain technology could be. So in a sense, BCNext extends Satoshi's original idea.

We still need to wait for the actual implementation of NXT decentralized network and there are still much uncertainty ahead. But the only reason I has devoted so much my time to this venture is because I has a conviction in my above judgement. I believe in NXT success and the validation of BCNext's ideas.

Exactly!

Also by tracking the transaction fees each NXTIPO company brings in, each company can get a proportional share of the community fund.

The donors can rest easy knowing that the people who helped bring in the most transaction fees (and most likely most new people) would get the most rewards. The people working within a NXTIPO company will all know that their work will be rewarded in direct proportion to how they helped NXT. For a lot of people, this could be a secondary motivation, but it is always nice to know that you have done a good job.

New NXTIPO companies can spontaneously form in a totally decentralized way, knowing that they won't have to beg for bounties, they just need to bring in transaction fees and they will get rewarded. For some people this could be a primary motivation and that is fine too.

Each person can simply ignore the NXTIPO companies they don't understand, and just get involved in the ones they like the most.

James

Does anybody know how most websites that accept bitcoin implement the integration? If we can define the exact way most websites accept bitcoin, then we can create a compatibility glue layer that lets them use the same (even identical) interface to accept NXT.

Ideally, we could say, just copy and paste your bitcoin acceptance HTML, change bitcoin to NXT and now you can accept NXT on your website.

The easier we can make it for website owners to accept NXT, the more will. I just don't know the exact details on this.

James

0.5.4e worked really great. 24 hours+ and no re-scan necessary. Great work!
Now I will update to 0.5.5 - thanks!

I like this idea. It allows for people to strike out on their own or in a group and pool all their energy to make one project really worthwhile.
Not everyone will be interested in all aspects anyway.

It also means you don't have to explain the whole project to every investor, but can focus on pitching the thing you are actually working on.

It's about time they wizened up n realized they hurt themselves more by jacking up the rates which killed the momentum for adopting nxt.  Now that fees have been lowered, lets hope that trading volume will increase again....

I got the same email from DGEX:

Dear DGEX Trader,

The new year is well in progress, and new winds are blowing everywhere in the cryptocurrency scene!

As a DGEX customer, it is appropriate to bring you a recap of recent happenings and future plans of DGEX.

DGEX announced small trading fees and NXT withdrawal fee on January 3rd. The fees were not applied until a couple of days later, and the NXT withdrawal fee was shortly afterwards lowered to 0.9%.

The fees caused repercussions not wholly anticipated. Many customers unfortunately perceived fees as betrayal, as they had become accustomed to DGEX providing free conversions to NXT at its own expense for five weeks.

This reaction happened despite the fact that on the DGEX FAQ page it was prominently stated since launch in November: "NXT withdrawals carry no fee until the end of 2013".

We now, however, understand our customers and wish to do our part in proving that the decision was not motivated by greed or malevolent intent towards NXT market, but dictated by circumstances. Essentially it was our own immature business decision.

Starting from Monday Jan 13th 2014, DGEX will lower its NXT withdrawal fee to 0.6% and it will be lowered further - possibly removed altogether - in February when DGEX has recovered some of its losses suffered in the initial free trading period.

As an extra bonus, and to test the effect to trading volume, DGEX will be offering 0.05% fee trades for a number of days in January. These days will be a surprise and are announced on the DGEX.com web site.

In addition, DGEX will from January 13th onwards pay a referral commission of 0.2% of EVERY DEPOSIT from any confirmed deposits of a customer that an existing client has referred to DGEX.com. Referral tracking is automated, but can also be manually entered on your DGEX member area in case a referrer is not assigned. You can view your own referral URL after logging into your client account.

Last, I would like to comment on the negative sentiment towards DGEX as may be observed in part of the NXT community. We, as many of our psychologically cultivated customers, have noticed an obvious campaign against NXT in general - but especially against DGEX in the cryptocurrency forums. This campaign is apparently lead by agitators that wish to harm DGEX's business for the perceived benefit of an unknown party.

There is a term for this kind of covert manipulation campaigns in the internet - trolling. The "trolls" hitting DGEX are operating smoothly, coordinating and steering the consensus towards making DGEX look bad for any decisions we make in business.

In addition to the public agitation, there are various psychological tricks employed, aimed at diverting us from our main line of business. These include sophisticated hacking attempts and attacks against the DGEX web site (that take a lot of time to combat), and rather concerning death threats against myself and my family, the reason being application of fees. It fits the campaign perfectly that our moderators need to remove some of the most blatant texts from nextcoin.org - the major NXT community portal operated by DGEX.com since the beginning of NXT times. Attempts to keep the forum clean of schemes, insults and negative agenda propels the trolls to claim one crime more - "suppression of free speech".

If coming across such claims, I would suggest you tap into your reason and consider what possible long term benefit would the alleged party (DGEX) gain in performing such things or acting from the motivations presented. If there is none, chances are you are being misled.

Those things aside, with our respected customers I am happy to continue our mutual journey towards NXT's success. Volume and liquidity are good and we will be looking at some very exciting (and profitable, for you!) announcements in the next few weeks!

Thank you for your continuing support.

Graviton Capital
DGEX.com

yes, something like that. We don't want to be marketing a swiss army knife. People will assume that each component is some limited version. We want to market a powerful "Asset Exchange", "Arbitrary Messages", etc. Each should be strong enough to standalone and even have its own non-generic identity.

We don't want it to be like seeing generic versions of many different types of products, but rather premium versions each in its own category. NXT is always there under the hood, powering things. Anybody that digs below the surface will find that NXT is powering a whole lot of things.

For example, a company like Johnson and Johnson has many recognizable brands, but they market each brand to its specific market. The fact that they are all Johnson and Johnson brands is not really a factor. Any investor that does research into JnJ will find out that it has all these brands and more: tylenol, visine, splenda, nicorrete, sudafed, listerene, band-aid, ben-gay, neosporin, etc.

Each of these brands could be an entire company all by itself.

Which is more impressive, a company with a dozen generic products or powerful brands in a dozen categories?

At some point, we probably should come up with a non-generic name for each of the new features. This can all be wrapped into a separate NXTIPO. Decentralized. Develop each brand independently. NXT becomes the sum of all the brands, but not just an additive sum, because NXT will be the ONLY crypto that has all these features and the smart investors will certainly figure this out

James

Cool, thanks for testing!

Seems to work. At least I get the confirmation email etc.
I also like the little game instead of CAPTCHA.

Due to abuse I've had to change the system at http://nxtra.org/faucet - where previously you only needed to enter your account number, you now also need to enter your email address.

Could a couple of users who haven't used the faucet yet please try this and report if it works correctly for them?

So if I understand correctly some kind of format like: "Asset exchange, powered by Nxt", where asset exchange could get it's own marketable trademark, too?

Looks cool, anyone speak Russian.

I agree that confusion is best avoided.

NXT enables an entire digital economy and also creates ways for people to earn an income. It is much more than a coin. 4 of the top 10 (by marketcap) cryptos have no mention of "coin", so it does not seem to be such a critical issue of mass confusion.

I think if each NXT feature was marketed on its own merits, then the confusion will be minimized. No need to explain to somebody that is interested in Arbitrary Messages, all the details of Asset Exchange. Just need one hook to get somebody interested in NXT. Then there is the excellent wiki where they can find out all they need (or want) to know about NXT.

James

Nextcoin would be just as confusing, because Nxt isn't a coin, or rather not just a coin. The "coin" is part of the larger system.