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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1982. (Read 2761645 times)

member
Activity: 98
Merit: 10
Looks like we got a new Exchange started up.

Made by NxtChg (according to the nextcoin forum) https://nextcoin.org/index.php/topic,1585.30.html . The exchange just started accepting real BTC and Nxt to trade.

The exchange can be found at https://nxtchg.com/index.php


good, let's test it, I've just put in the buy order there Smiley
full member
Activity: 126
Merit: 100
Anyone have problems sending NXT with 0.4.8? I get secret pass phrase is incorrect but see no where to enter it?
legendary
Activity: 1092
Merit: 1010
I'm not sure if this is the right place but I did a BTC withdrawing almost 5 days ago and it's still pending..
Anybody else experiencing problems like this one?

If it's pending, at least it's not out of his systems yet.
On a side note: I've never had any problems with DGEX myself. It may be slow sometimes (and 5 days is lóng), but it gets there in the end.
sr. member
Activity: 476
Merit: 500
Looks like we got a new Exchange started up.

Made by NxtChg (according to the nextcoin forum) https://nextcoin.org/index.php/topic,1585.30.html . The exchange just started accepting real BTC and Nxt to trade.

The exchange can be found at https://nxtchg.com/index.php

Quote
In about 5 minutes I will enable registrations and we will go LIVE!

https://nxtchg.com

Accounts 1 and 2 are reserved for testing, so if you've got 3 - you will be our first user Smiley

For now there are absolutely no fees.

Main exchange accounts are:

NXT: 3283108578452123518
BTC: 17mDysZav2ZyKtzHA8v7Mq7HhuZbvfSvpm

You can monitor them for deposits/withdrawals, but don't send anything directly there! Use the site forms.

BTC deposits are automatic, everything else is manual for now, please be patient.

It might be a good idea to enter your email on the Profile page. Nothing will be sent, but it's the only way to restore your account if you lose your password.

--

What else? Don't hesitate to report anything unusual. And if there will be any bugs, glitches or delays in deposits/withdrawals, please don't be too harsh: I am not Microsoft, I'm just a guy. Smiley

So... Who will have the honor of making the very first transaction on a brand new exchange?

Oh, and Happy New Year!
full member
Activity: 378
Merit: 104
full member
Activity: 238
Merit: 100
Introducing the NXT Foundations forums site at https://forums.nxtcrypto.org

Everyone, as part of the NXT Foundation initiative, I am pleased to announce that bitcointalk user btc24 has completed migration of his nxtalk.org forums over to forums.nxtcrypto.org effective immediately.  We formed the NXT Foundation in an effort to collaborate on the promotion of NXT as the 2nd generation cryptocurrency.  The first goal will be to set up a set of sites under the Foundation's official domain NXTCRYPTO.ORG.  As one of the main functions of NXT is decentralization, we have devised a decentralized method of control of the information between all sites of the domain, such that 1 person does not control everything and from cooperation, things get done.  The NXT dev team will have little to no connection at all with the foundation, though we certainly intend to assist the dev team however we can.

Wiki:
Joefox@bitcointalk has stepped up and provided hosting for http://wiki.nxtcrypto.org as well as DDOS protection on a MediaWiki system.  Please visit the wiki if you are interested in translation help.  He is paying for all this himself, so donations are appreciated.

Info:
A person wishing to remain anonymous has stepped up and provided hosting for http://info.nxtcrypto.org as well as DDOS protection on that site.  The site is intended for critical updates and critical info/news from the dev team. As he wishes anonymity, he is unable to receive donations.

Web:
QBTC from nextcoin.org has stepped up and provided hosting for http://www.nxtcrypto.org as well as DDOS protection on that site.  She is paying for all this herself, so donations are appreciated.

Forums:
NXTALK.ORG has moved to forums.nxtcrypto.org and will become the official forums for the NXT Foundation. Please visit the forums if you are interesting in moderating one of the language boards.  Adminius on forums.nxtcrypto.org AKA btc24 on bitcointalk has stepped up and provided hosting for http://forums.nxtcrypto.org as well as DDOS protection on the site.  He is paying for all this himself, so donations are appreciated.

DNS administrator:
These duties will be my particular area.  Since that is the case I will not be administering any of the sites.  Though I will be helping out with the forums, moderation, ultimate control of these forums falls to Adminius.  Thanks to 2Kool4Skewl for paying for the domain and to the anonymous Info site manager for the SSL certs.  Hopefully in a year when these are renewed I'll have lots of $ to pay for it.

Please support the new https://forums.nxtcrypto.org[/size][/b][/size][/color] to take the bloat off this thread
member
Activity: 98
Merit: 10
I'm not sure if this is the right place but I did a BTC withdrawing almost 5 days ago and it's still pending..
Anybody else experiencing problems like this one?

this is the right thread:

https://bitcointalksearch.org/topic/ann-dgexcom-multicurrency-exchange-btc-nxt-189919
sr. member
Activity: 602
Merit: 268
Internet of Value
I'm not sure if this is the right place but I did a BTC withdrawing almost 5 days ago and it's still pending..
Anybody else experiencing problems like this one?

That's the problem with the exchange. You have to ask the exchange owner, not us.
newbie
Activity: 17
Merit: 0
I'm not sure if this is the right place but I did a BTC withdrawing almost 5 days ago and it's still pending..
Anybody else experiencing problems like this one?
member
Activity: 98
Merit: 10

So why are we even worrying about adjusting the transaction fees right now? If we are imaging a world where people use NXT to pay for cups of coffee regularly then odds are we have a fairly stable ecosystem in place. Again I think it's a good idea to design and think about such a system to implement in the future but why are we limiting ourselves with fiat?

Well, the fee will need to be reduced fairly soon, when NXT hits $0.20, might be a month or two. So we kinda need a plan for the near future. And a more complicated plan based on some algo could be introduced later, when software is stable enough, network is strong enough, and other higgher priority issues are solved. I'm sure it'll be possible to modify code later and code in a complex fee calculating algo if needed.
full member
Activity: 168
Merit: 100
IDEX - LIVE Real-time DEX
22k.io Safari Extension for NXT Aliases

Safari users can rejoice! Support for the nxt uri is now available!

Download: http://22k.io/22ksafari

Once installed, you can click nxt uris and typenxt:alias_name in the address bar! Since the alias is sent to 22K.io, you can still get info on aliases without URIs or use new URI schemes as I implement support. Firefox and Chrome extensions coming soon!

Let me know what you think! Thank you for your support: 4915862015826193000.
legendary
Activity: 1540
Merit: 1016
HAPPY NXT YEAR GUYS!!
full member
Activity: 126
Merit: 100

Why not shoot for a goal of 'X' amount of NXT per day (or whatever) should be recirculated as transaction fees to forgers. Like a difficulty adjustment for the transaction fee. The more people that use NXT, the less it costs each person to send NXT.

That would be overcomplicating things, I am afraid.
We don't have stable software yet. The more features = the more bugs.
An additional feature of calculating the fee based on some algo will introduce more bugs and inconsistencies and user complaints.
Everybody understand $0.10, even those who have other local currencies. Most local currencies in the world are tied to USD in some way anyway, so people in other countries easily exchange back and forth from USD to their local fiat. At least while NXT grows it should be tied to something people are very familiar with. Just my 2 NXT cents.

So why are we even worrying about adjusting the transaction fees right now? If we are imaging a world where people use NXT to pay for cups of coffee regularly then odds are we have a fairly stable ecosystem in place. Again I think it's a good idea to design and think about such a system to implement in the future but why are we limiting ourselves with fiat?
full member
Activity: 238
Merit: 100
Is there any news concerning Drexme?
His story was that he took the funds to "invest" them and will host a giveaway with them sometime next week.  Im not sure if he meant a ggiveaway for use here at NXT or over at his dogecoin stuff hes been working on
member
Activity: 98
Merit: 10

Why not shoot for a goal of 'X' amount of NXT per day (or whatever) should be recirculated as transaction fees to forgers. Like a difficulty adjustment for the transaction fee. The more people that use NXT, the less it costs each person to send NXT.

That would be overcomplicating things, I am afraid.
We don't have stable software yet. The more features = the more bugs.
An additional feature of calculating the fee based on some algo will introduce more bugs and inconsistencies and user complaints.
Everybody understand $0.10, even those who have other local currencies. Most local currencies in the world are tied to USD in some way anyway, so people in other countries easily exchange back and forth from USD to their local fiat. At least while NXT grows it should be tied to something people are very familiar with. Just my 2 NXT cents.
legendary
Activity: 1092
Merit: 1010
Plan ahead, sure. I think implementing it should wait however. 1NXT is not that much and we already have people worrying about the distribution of NXT as it is. I would prefer to see it tied to volume and transaction total. Not to a fiat or even BTC price.

People don't think in terms of crypto prices yet, they tend to think in fiat terms.
When/if fiat currencies do collapse, then it'll make more sense to tie the fee to something else,
but now, even from the marketing standpoint, it sounds great when you say that the fee is only 10 cents, all people understand cents, fewer people understand exchange rates and how much it costs in crypto terms. But when you say 10 cents, everyone thinks - wow, so cheap, I gotta have a thorough look into this online currency.

This doesn't make any sense. NXT fees should be expressed in NXT. Period.

Some people (older people, like my mum) still sometimes calculate back from Euro to guilder. That's how long such changes can take.
People will need a reference point in the currency they are used to, otherwise they have no idea how to value it at the moment.
In time, that will change.
sr. member
Activity: 602
Merit: 268
Internet of Value
Plan ahead, sure. I think implementing it should wait however. 1NXT is not that much and we already have people worrying about the distribution of NXT as it is. I would prefer to see it tied to volume and transaction total. Not to a fiat or even BTC price.

People don't think in terms of crypto prices yet, they tend to think in fiat terms.
When/if fiat currencies do collapse, then it'll make more sense to tie the fee to something else,
but now, even from the marketing standpoint, it sounds great when you say that the fee is only 10 cents, all people understand cents, fewer people understand exchange rates and how much it costs in crypto terms. But when you say 10 cents, everyone thinks - wow, so cheap, I gotta have a thorough look into this online currency.

This doesn't make any sense. NXT fees should be expressed in NXT. Period.

Fee is always in NXT. He means it should not exceed 10 cent. Cos you want to use NXt in the real world, shopping, buying food, coffee, etc.
full member
Activity: 160
Merit: 100
Plan ahead, sure. I think implementing it should wait however. 1NXT is not that much and we already have people worrying about the distribution of NXT as it is. I would prefer to see it tied to volume and transaction total. Not to a fiat or even BTC price.

People don't think in terms of crypto prices yet, they tend to think in fiat terms.
When/if fiat currencies do collapse, then it'll make more sense to tie the fee to something else,
but now, even from the marketing standpoint, it sounds great when you say that the fee is only 10 cents, all people understand cents, fewer people understand exchange rates and how much it costs in crypto terms. But when you say 10 cents, everyone thinks - wow, so cheap, I gotta have a thorough look into this online currency.

This doesn't make any sense. NXT fees should be expressed in NXT. Period.
sr. member
Activity: 602
Merit: 268
Internet of Value
the min fee can be set to 0.50, 0.25, etc? can be any number?

Almost any. Minus 1 NXT fee wouldn't be a good decision.

ok,

so when NXT goes to $0.20, set min fee to 0.50, NXT goes to $0.40 set min fee to 0.25, NXT goes to $1 min fee to 0.1, etc.
If someone creates a forum poll on nextcoin.org and majority votes for this min fee setting ratio (always keep min fee ~$0.10), would the devs implement it or would we still need to wait for the VS to be in place?

I agree that a fee reduction schedule have to be planned ahead. Need to do it the sooner the better.

Plan ahead, sure. I think implementing it should wait however. 1NXT is not that much and we already have people worrying about the distribution of NXT as it is. I would prefer to see it tied to volume and transaction total. Not to a fiat or even BTC price.

Yes plan ahead only. 1NXt is good for now. I think laowai's rule is a good one. Fee should not exceed 10 cent (0.1 us$).

I don't know why we would want to tie to fiat or limit ourselves by that at all. Plus not everyone uses US$ and it may be more or less expensive based on their local currency.

Why not shoot for a goal of 'X' amount of NXT per day (or whatever) should be recirculated as transaction fees to forgers. Like a difficulty adjustment for the transaction fee. The more people that use NXT, the less it costs each person to send NXT.
It could be a good idea but it could be difficult to implement and more difficult to know the exact fee at each moment you need to send NXT.

We could also tie it to the actual price to buy a cup of coffee or a big Mac for example. If we want NXT to be used in a widespread scale like buying food, gas, coffee then the fee has to be proportional. If a cup of coffee cost generally 2-3$, the minimum should no be over 10 cent. Basically tie the fee to purchasing power.
full member
Activity: 126
Merit: 100
the min fee can be set to 0.50, 0.25, etc? can be any number?

Almost any. Minus 1 NXT fee wouldn't be a good decision.

ok,

so when NXT goes to $0.20, set min fee to 0.50, NXT goes to $0.40 set min fee to 0.25, NXT goes to $1 min fee to 0.1, etc.
If someone creates a forum poll on nextcoin.org and majority votes for this min fee setting ratio (always keep min fee ~$0.10), would the devs implement it or would we still need to wait for the VS to be in place?

I agree that a fee reduction schedule have to be planned ahead. Need to do it the sooner the better.

Plan ahead, sure. I think implementing it should wait however. 1NXT is not that much and we already have people worrying about the distribution of NXT as it is. I would prefer to see it tied to volume and transaction total. Not to a fiat or even BTC price.

Yes plan ahead only. 1NXt is good for now. I think laowai's rule is a good one. Fee should not exceed 10 cent (0.1 us$).

I don't know why we would want to tie to fiat or limit ourselves by that at all. Plus not everyone uses US$ and it may be more or less expensive based on their local currency.

Why not shoot for a goal of 'X' amount of NXT per day (or whatever) should be recirculated as transaction fees to forgers. Like a difficulty adjustment for the transaction fee. The more people that use NXT, the less it costs each person to send NXT.
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