Topic: NXT :: descendant of Bitcoin - Updated Information - page 1984. (Read 2761645 times)

I'm a supporter of the NXT project, but I noticed these kind of issues are a recurring theme. It causes a bit of a trust issue. Why is it happening, is it happening solely because the blockchain ain't downloaded/refreshed properly? Because you ain't connecting to proper peers? Something third?

The same. We can assume 50% is average number.

Let's get the VS in place and vote everything, can't wait for that

Forging algo is the only exception, it's BCNext's know-how. The rest can be set by stakeholders.

I don't think there really is a plan collectively. Individually people are doing their own thing. I for one have distributed about 50% of my original coins.

Should stakeholders decide what kind of forging algorithm also ? we need a working, stable system, these decisions are not that different imho .

what is the approximate %  of the total planned distribution that has already distributed by the founders

To their legit owners. Only a few left.

Stakeholders should decide imho.

People who are claiming them?

Where have the coins gone?

What target amount do you have for Wesleyh in mind?

Should have a technical milestone like in option 2. This belongs to technical category. You should ask BCNext. If there are two options, we have to vote again. Put it into technical category.  

Are there plans to remove the NRS software's reliance on well-known peers?  Obviously it would be ideal for the software to connect to the network and find its own way as is the case with other P2P networks.

2 options:
- Stakeholders decide via VS
- When average number of transactions per block reaches some threshold (50% for example)

landomata,

I don't think it makes sense to entangle things like that. Modular design is important in software and also incentive design.

I am envisioning that there will be founders and massive NXT early adopters who pledge a prorata share of their forging income. This can be public or private or anonymous.

Note that if someone with 50 million NXT pledged the forging revenue from 10 million NXT, they would actually send 20% of their overall forging revenue, essentially creating a forging pool of their own NXT.

So there is the community fund account that receives regular (weekly or monthly) payments from the participating donors. Some trusted person in the community runs this fund and a separate entity, the IPOcompany would calculate who should get what based on voting results submitted by each group.

The only subjective number is each groups voting results and that would be the responsibility of each group. The rest is totally calculatable with relatively simple blockchain analysis.

Now, whether each group decides to be a private group and receive 100% of their NXT upon disbursement or to each own shares in a NXTcompany and have the company get 100% of the NXT or anything in between, that would be a matter for each group.

Since we can start this right now without adding the IPOshares complexity, I suggest we start a dry run and calculate how much wesleyh should get. As we get more and more contributors and more and more groups,it will clarify as to which ones are on a large growth path and would benefit from the IPO process.

James

any plan for min fee update. Like any NXT price target ?

Peers may go up and down. What is on a list today may not be tomorrow. I think it would be pretty easy for someone to make a webpage where you enter your info (IP, Hallmark, etc.) and have it generate a web.xml for you.

No. Orders will be with cents but min fee still 1 NXT.

Cfb, is minimum fee to 0.01 implemented at the same time as the launch of the asset exchange ?