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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1992. (Read 2761645 times)

member
Activity: 98
Merit: 10
Anyone know how long it takes for dgex to add my nxt i transfered to them? Been waiting 2 days already, thats really annoying.

better ask in their thread
newbie
Activity: 49
Merit: 0
Anyone know how long it takes for dgex to add my nxt i transfered to them? Been waiting 2 days already, thats really annoying.
member
Activity: 98
Merit: 10
Who there really need a built-in goverment inside payment system. Stand up and say. I wanna rely on math here, for example.

Can you put in 2-3 sentences what you are trying to say?

There are 2 simple systems suggested so far:

1 NXT = 1 vote

1 account = 1 vote

which one do you support?



What is global voting and what is local voting? When did those terms come into being?
hero member
Activity: 644
Merit: 500
So I firmly believe that the equal voting system (no weird scaling system, which will be exploited by someone to create millions of accounts) is fundamentally the only correct way to implement the VS.
Why do you personally need a Global Voting? For decide what kind of things exactly?
full member
Activity: 378
Merit: 104
fan art Grin Grin


i like the left one better. Maybe I should get back to BTC... Smiley


hmmm that's why i still have some btc Cheesy the left one is not so ugly
hero member
Activity: 644
Merit: 500
You guys need to keep in mind that voting in NXT is not the same as voting in a democratic government.
Who there really need a built-in goverment inside payment system. Stand up and say. I wanna rely on math here, for example.
hero member
Activity: 644
Merit: 500
GOOD NOW LETS FOCUS ON IMPLEMENTING LOCAL VOTING ASAP
And why do you think idea of Global Voting appeared in first place? Do you potentially need it for any purpose?
hero member
Activity: 784
Merit: 500
fan art Grin Grin


i like the left one better. Maybe I should get back to BTC... Smiley
full member
Activity: 224
Merit: 100
You guys need to keep in mind that voting in NXT is not the same as voting in a democratic government. It is more like a shareholder voting in a company. Someone who has more invested into NXT should obviously have more say in which direction it should go, right? If you skew the system in favor of smaller holders, what will eventually happen is that the smaller holders will someday vote to destroy (or redistribute) the larger stakeholder's coins for their own benefit. This will end with everyone trying to own the least amount of NXT per account possible, thus a downward spiral. With 1 NXT = 1 vote, larger stakeholders have very little incentive to sabotage the system (as they would collectively have to own 51+% of all coins), thus any negative action against NXT would actually cause them more harm than benefit. So I firmly believe that the equal voting system (no weird scaling system, which will be exploited by someone to create millions of accounts) is fundamentally the only correct way to implement the VS.
hero member
Activity: 644
Merit: 500
I'm with others - I think these options like nuclear weapons should not exist.
That's I'm trying to say. Why create nuclear wepon and THEN decide who and how can handle this? We can just stay away of creation. Stronger network is (coins~people), more difficult to anyone potential creator will be to create it in futute.
legendary
Activity: 2184
Merit: 1000
Potentially using the Voting System for other issues concerning NXT is not related to its function within the NXT Asset Exchange.
I'm talking abou Global Voting only. No benefits I see so far, but HUGE risks.

GOOD NOW LETS FOCUS ON IMPLEMENTING LOCAL VOTING ASAP
legendary
Activity: 1232
Merit: 1001
0,4,8
Haven't active peers

Everyone should use their own set of well-known peers! Put them into web.xml.

How do we obtain such a list?

Transparent forging: how can it predict who will forge next?  What's the formula?
hero member
Activity: 644
Merit: 500
Potentially using the Voting System for other issues concerning NXT is not related to its function within the NXT Asset Exchange.
I'm talking abou Global Voting only. No benefits I see so far, but HUGE risks.
full member
Activity: 224
Merit: 100
Please include bigger list of peers in new versions.
I tried with 2 peers that were in web.xml and after 15 minutes of waiting nothing happened. IT IS NOT ENOUGH!

It is already too much to ask new and less experienced people to create their own start.bat, now they need to first locate the web.xml and then go to http://nxtra.org/nodes/ and copy somewhere the list into the xml file. Just to see it working?

Downloading of the blockchain is not a problem since all other cryptos demand that if you use vanilla client and it is not too big - 10mb.

I know I would have hard time myself if I just now stumbled upon NXT and I can only imagine how cumbersome it would be to explain all this first steps to my brother via Skype i.e.


Are we now have to have another youtube video that will explain how to put peers into web.xml?


 
full member
Activity: 266
Merit: 100
NXT is the future

Stuck at Genesis with new client!?!   Huh

Did all the usual deleting *.nxt, F5, etc., but still stuck. 

U deleted the blockchain?!

Well, let's start from the genesis. I had much more money at that time. Grin

How can I print the blockhain?  Wink


Pin
legendary
Activity: 2142
Merit: 1010
Newbie
Who exactly need such potential now and for what? In decentalized system?! Why it apeeared in first place and core devs are supporting idea? If 90%+ seems impossible to collect, why just stay away of "90%+ can destroy any part of other 10%"?

Don't see where core devs support this idea.
member
Activity: 98
Merit: 10
So, voting based on the number of assets is the most stable kind of democracy.
So Nxt gonna be over-goverment system with CENTER of ethics/mindsets of 51%+, 75%+, 90%+, whatever? For what  Huh

Sorry, I don't understand you, please paraphrase.
legendary
Activity: 2184
Merit: 1000

Finally if you drop this stuff and concentrate on how to get voting implemented for more day to day stuff then you can come back to this later if you have to.

I'm with you 100%
legendary
Activity: 1092
Merit: 1010
2) For Freezing accounts we need MINIMUM THRESHOLD OF 75% VOTES -- 750  Million Nxt....if we get 749,000,000 ...no freeze.


3) To destroy we need MINIMUM THRESHOLD OF 90% VOTES -- 900 Million Nxt[/b][/color]
In my point of view it'd not exist at all.
Discussing an issue like this is like trying to decide how to give the people a vote on whether to launch a nuclear weapon.

I agree with this.
Democracy is a good thing, but can be taken to ridiculous and dangerous lengths. It has the seeds for it's own destruction in it, in that not all members of a community will act in their own best interests, due to a variety of reasons. (One of the main one's being "Let's see what will happen if I push this GREAT RED BUTTON" Wink)
sr. member
Activity: 952
Merit: 253

VOTING

this is interesting ....good job....Cfb could it this be implemented?


Yes, if there are no flaws. But original voting is based on other algo.

Thanks Smiley

There will be flaws - no system is perfect!
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