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 
Topic: NXT :: descendant of Bitcoin - Updated Information - page 1993. (Read 2761645 times)
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.3) To destroy we need MINIMUM THRESHOLD OF 90% VOTES -- 900 Million Nxt[/b][/color]
Discussing an issue like this is like trying to decide how to give the people a vote on whether to launch a nuclear weapon - its simply impractical for any voting system to resolve an issue like this fairly - either don't have the weapons or if you have to have them put them under the control of a decision maker.
I'm with others - I think these options like nuclear weapons should not exist.
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.
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.3) To destroy we need MINIMUM THRESHOLD OF 90% VOTES -- 900 Million Nxt[/b][/color]
I second that!
Freeze: 75% minimum threshold
Destroy: 90% minimum threshold
Destroy: 90% minimum threshold
Let's vote if we r going to implement this at all. And only after that decide what numbers will be there (if need them).
However, if account 4M has been inactive for 1 year, or a fluid amount of time commensurate with the duration of NXT's lifespan, it should get approved if account 4M has not even had the chance to vote...
?! How that connects with Asset Exchange's needs? It's simply dictate: what u'd with you money to stay warm. Don't like idea. 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. 3) To destroy we need MINIMUM THRESHOLD OF 90% VOTES -- 900 Million Nxt[/b][/color]
VOTING
Sorry if this has gone off topic – but I had an idea and just had to write it down...
This is Voting Proposal that tries to balance stake with number of participants – its not 1 account 1 vote but hopefully the blend in here will make it difficult to screw the vote with either 1 account holding lots of NXT or lots of account holding little NXT.
1. A vote is proposed
4. The voters can weight their vote with their non-refundable NXT Fee min 1 NXT
5. The voters also confirm or reject the majority & participation proposals if they are different from the default, this component is NOT weighted by the NXT Fee and always requires 51% of the participating voters to agree.
6. The vote completes once the participation level is met and 51% of those voting have agreed with that participation level.
7. If the vote does not achieve 51% agreement of proposed participation and achieve that participation then the voting transaction fails and everything rolls back.
8. If the vote does achieve 51% agreement of proposed participation AND that participation is achieved then the vote is successful and the transaction completes.
9. People need to be able to query the vote, see the current stats and increase their FEE if they so wish.
10. The vote result is the number of VOTEs for/against weighted by their respective NXT Fees.
11. The Total Vote Fees are then divided equally between the forger of that block and the participating voters.
So you can buy votes but not by buying NXT and just holding it, you need to be active and put some of your stake behind your vote – if everyone feels equally strong and puts 100 NXT in their vote then you will get most of your stake back but if you want so badly to win you put 1,000,000 NXT in and everyone put in 1 NXT then you may well win but then your stake is divided up amongst the voters.
Yes some people will vote with 1 NXT hoping to get more than 1 NXT in Fees I guess and will try to use mutiple accounts but whatever system is implemented there will always be some who try to screw it.
Sorry if this has gone off topic – but I had an idea and just had to write it down...
This is Voting Proposal that tries to balance stake with number of participants – its not 1 account 1 vote but hopefully the blend in here will make it difficult to screw the vote with either 1 account holding lots of NXT or lots of account holding little NXT.
1. A vote is proposed
- default majority is 51%,
- default participation is 51% of all 30 day active accounts with min 1 NXT BEFORE the vote was proposed.
- default duration is 24hours and this is minimum.
- the required majority level (weighted NXT)
- participation level (max 100%, minimum 10% of active accounts)
- the duration (hours, min 24)
4. The voters can weight their vote with their non-refundable NXT Fee min 1 NXT
5. The voters also confirm or reject the majority & participation proposals if they are different from the default, this component is NOT weighted by the NXT Fee and always requires 51% of the participating voters to agree.
6. The vote completes once the participation level is met and 51% of those voting have agreed with that participation level.
7. If the vote does not achieve 51% agreement of proposed participation and achieve that participation then the voting transaction fails and everything rolls back.
8. If the vote does achieve 51% agreement of proposed participation AND that participation is achieved then the vote is successful and the transaction completes.
9. People need to be able to query the vote, see the current stats and increase their FEE if they so wish.
10. The vote result is the number of VOTEs for/against weighted by their respective NXT Fees.
11. The Total Vote Fees are then divided equally between the forger of that block and the participating voters.
So you can buy votes but not by buying NXT and just holding it, you need to be active and put some of your stake behind your vote – if everyone feels equally strong and puts 100 NXT in their vote then you will get most of your stake back but if you want so badly to win you put 1,000,000 NXT in and everyone put in 1 NXT then you may well win but then your stake is divided up amongst the voters.
Yes some people will vote with 1 NXT hoping to get more than 1 NXT in Fees I guess and will try to use mutiple accounts but whatever system is implemented there will always be some who try to screw it.
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.
VOTING
Sorry if this has gone off topic – but I had an idea and just had to write it down...
This is Voting Proposal that tries to balance stake with number of participants – its not 1 account 1 vote but hopefully the blend in here will make it difficult to screw the vote with either 1 account holding lots of NXT or lots of account holding little NXT.
1. A vote is proposed
4. The voters can weight their vote with their non-refundable NXT Fee min 1 NXT
5. The voters also confirm or reject the majority & participation proposals if they are different from the default, this component is NOT weighted by the NXT Fee and always requires 51% of the participating voters to agree.
6. The vote completes once the participation level is met and 51% of those voting have agreed with that participation level.
7. If the vote does not achieve 51% agreement of proposed participation and achieve that participation then the voting transaction fails and everything rolls back.
8. If the vote does achieve 51% agreement of proposed participation AND that participation is achieved then the vote is successful and the transaction completes.
9. People need to be able to query the vote, see the current stats and increase their FEE if they so wish.
10. The vote result is the number of VOTEs for/against weighted by their respective NXT Fees.
11. The Total Vote Fees are then divided equally between the forger of that block and the participating voters.
So you can buy votes but not by buying NXT and just holding it, you need to be active and put some of your stake behind your vote – if everyone feels equally strong and puts 100 NXT in their vote then you will get most of your stake back but if you want so badly to win you put 1,000,000 NXT in and everyone put in 1 NXT then you may well win but then your stake is divided up amongst the voters.
Yes some people will vote with 1 NXT hoping to get more than 1 NXT in Fees I guess and will try to use mutiple accounts but whatever system is implemented there will always be some who try to screw it.
Sorry if this has gone off topic – but I had an idea and just had to write it down...
This is Voting Proposal that tries to balance stake with number of participants – its not 1 account 1 vote but hopefully the blend in here will make it difficult to screw the vote with either 1 account holding lots of NXT or lots of account holding little NXT.
1. A vote is proposed
- default majority is 51%,
- default participation is 51% of all 30 day active accounts with min 1 NXT BEFORE the vote was proposed.
- default duration is 24hours and this is minimum.
- the required majority level (weighted NXT)
- participation level (max 100%, minimum 10% of active accounts)
- the duration (hours, min 24)
4. The voters can weight their vote with their non-refundable NXT Fee min 1 NXT
5. The voters also confirm or reject the majority & participation proposals if they are different from the default, this component is NOT weighted by the NXT Fee and always requires 51% of the participating voters to agree.
6. The vote completes once the participation level is met and 51% of those voting have agreed with that participation level.
7. If the vote does not achieve 51% agreement of proposed participation and achieve that participation then the voting transaction fails and everything rolls back.
8. If the vote does achieve 51% agreement of proposed participation AND that participation is achieved then the vote is successful and the transaction completes.
9. People need to be able to query the vote, see the current stats and increase their FEE if they so wish.
10. The vote result is the number of VOTEs for/against weighted by their respective NXT Fees.
11. The Total Vote Fees are then divided equally between the forger of that block and the participating voters.
So you can buy votes but not by buying NXT and just holding it, you need to be active and put some of your stake behind your vote – if everyone feels equally strong and puts 100 NXT in their vote then you will get most of your stake back but if you want so badly to win you put 1,000,000 NXT in and everyone put in 1 NXT then you may well win but then your stake is divided up amongst the voters.
Yes some people will vote with 1 NXT hoping to get more than 1 NXT in Fees I guess and will try to use mutiple accounts but whatever system is implemented there will always be some who try to screw it.
this is interesting ....good job....Cfb could it this be implemented?
The Voting System is incremental to the function of the NXT Asset Exchange. Are you sure you do not want a fully functional Asset Exchange?
M? Why do anyone inside Asset Exchange need a potential to freeze someone's acc? It'd simply disgracing risks in such business and'll turn into hell.You are on the correct chain.
"Longest" is better word, I think 
There's no correct or incorrect chains in decentralized network, only the longest one.
Dear,
Could anybody give me some advice ,where should I put these random nodes from http://nxtra.org/nodes/, in well know peers or well know peers2 or both in web.xml?
Thanks.
Could anybody give me some advice ,where should I put these random nodes from http://nxtra.org/nodes/, in well know peers or well know peers2 or both in web.xml?
Thanks.
Former.
Anyone got a list of peers for this?
See I told ya, it's starting
Better upload 0.4.8 again with the long string of known peers before it's too late and the party is not ruined.
Could anybody give me some advice ,where should I put these random nodes from http://nxtra.org/nodes/, in well know peers or well know peers2 or both in web.xml?
Thanks.
There r 2 peers in web.xml, that's enough to start with.
Anyone got a list of peers for this?
See I told ya, it's starting
Better upload 0.4.8 again with the long string of known peers before it's too late and the party is not ruined.
Anyone got a list of peers for this?
See I told ya, it's starting
Better upload 0.4.8 again with the long string of known peers before it's too late and the party is not ruined.
NRS 0.4.8 is ready and can be downloaded from:
http://info.nxtcrypto.org/nxt-client-0.4.8.zip
sha256: ec7c30a100717e60d8abe50eedb23641952847d91ff90b9b05a74ff98d8a4cf2
From now on I will also be posting the latest version number and sha256 as the value of NRSversion alias on the blockchain: https://localhost:7875/nxt?requestType=getAliasURI&alias=nrsversion
Change log:
- Added Transparent Forging, will be turned on at block 32000.
- Memory leak fixed.
- Send money from the browser now also asks for the secret phrase.
There is only one new parameter in the web.xml, myPlatform. It is used to announce your platform - PC, Mac, Raspberry, NeXTstation, VAX, zombie...
The zip file does not contain blocks.nxt and transactions.nxt. Make sure you preserve your own *.nxt files before upgrading!
http://info.nxtcrypto.org/nxt-client-0.4.8.zip
sha256: ec7c30a100717e60d8abe50eedb23641952847d91ff90b9b05a74ff98d8a4cf2
From now on I will also be posting the latest version number and sha256 as the value of NRSversion alias on the blockchain: https://localhost:7875/nxt?requestType=getAliasURI&alias=nrsversion
Change log:
- Added Transparent Forging, will be turned on at block 32000.
- Memory leak fixed.
- Send money from the browser now also asks for the secret phrase.
There is only one new parameter in the web.xml, myPlatform. It is used to announce your platform - PC, Mac, Raspberry, NeXTstation, VAX, zombie...
The zip file does not contain blocks.nxt and transactions.nxt. Make sure you preserve your own *.nxt files before upgrading!
Anyone got a list of peers for this?
VOTING
Sorry if this has gone off topic – but I had an idea and just had to write it down...
This is Voting Proposal that tries to balance stake with number of participants – its not 1 account 1 vote but hopefully the blend in here will make it difficult to screw the vote with either 1 account holding lots of NXT or lots of account holding little NXT.
1. A vote is proposed
4. The voters can weight their vote with their non-refundable NXT Fee min 1 NXT
5. The voters also confirm or reject the majority & participation proposals if they are different from the default, this component is NOT weighted by the NXT Fee and always requires 51% of the participating voters to agree.
6. The vote completes once the participation level is met and 51% of those voting have agreed with that participation level.
7. If the vote does not achieve 51% agreement of proposed participation and achieve that participation then the voting transaction fails and everything rolls back.
8. If the vote does achieve 51% agreement of proposed participation AND that participation is achieved then the vote is successful and the transaction completes.
9. People need to be able to query the vote, see the current stats and increase their FEE if they so wish.
10. The vote result is the number of VOTEs for/against weighted by their respective NXT Fees.
11. The Total Vote Fees are then divided equally between the forger of that block and the participating voters.
So you can buy votes but not by buying NXT and just holding it, you need to be active and put some of your stake behind your vote – if everyone feels equally strong and puts 100 NXT in their vote then you will get most of your stake back but if you want so badly to win you put 1,000,000 NXT in and everyone put in 1 NXT then you may well win but then your stake is divided up amongst the voters.
Yes some people will vote with 1 NXT hoping to get more than 1 NXT in Fees I guess and will try to use mutiple accounts but whatever system is implemented there will always be some who try to screw it.
Sorry if this has gone off topic – but I had an idea and just had to write it down...
This is Voting Proposal that tries to balance stake with number of participants – its not 1 account 1 vote but hopefully the blend in here will make it difficult to screw the vote with either 1 account holding lots of NXT or lots of account holding little NXT.
1. A vote is proposed
- default majority is 51%,
- default participation is 51% of all 30 day active accounts with min 1 NXT BEFORE the vote was proposed.
- default duration is 24hours and this is minimum.
- the required majority level (weighted NXT)
- participation level (max 100%, minimum 10% of active accounts)
- the duration (hours, min 24)
4. The voters can weight their vote with their non-refundable NXT Fee min 1 NXT
5. The voters also confirm or reject the majority & participation proposals if they are different from the default, this component is NOT weighted by the NXT Fee and always requires 51% of the participating voters to agree.
6. The vote completes once the participation level is met and 51% of those voting have agreed with that participation level.
7. If the vote does not achieve 51% agreement of proposed participation and achieve that participation then the voting transaction fails and everything rolls back.
8. If the vote does achieve 51% agreement of proposed participation AND that participation is achieved then the vote is successful and the transaction completes.
9. People need to be able to query the vote, see the current stats and increase their FEE if they so wish.
10. The vote result is the number of VOTEs for/against weighted by their respective NXT Fees.
11. The Total Vote Fees are then divided equally between the forger of that block and the participating voters.
So you can buy votes but not by buying NXT and just holding it, you need to be active and put some of your stake behind your vote – if everyone feels equally strong and puts 100 NXT in their vote then you will get most of your stake back but if you want so badly to win you put 1,000,000 NXT in and everyone put in 1 NXT then you may well win but then your stake is divided up amongst the voters.
Yes some people will vote with 1 NXT hoping to get more than 1 NXT in Fees I guess and will try to use mutiple accounts but whatever system is implemented there will always be some who try to screw it.
The 1st zombie is detected in manual mode:
http://localhost:7874/nxt?requestType=getPeer&peer=125.39.9.139 --> {"platform":"?","application":"NRS","weight":0,"state":1,"announcedAddress":"","downloadedVolume":4009,"version":"0.4.8","uploadedVolume":225295}
http://localhost:7874/nxt?requestType=getPeer&peer=125.39.9.139 --> {"platform":"?","application":"NRS","weight":0,"state":1,"announcedAddress":"","downloadedVolume":4009,"version":"0.4.8","uploadedVolume":225295}
Will we ever get true distributed DNS instead of just alias system? (like namecoin)
what do u have in mind?
A project such as http://dot-bit.org/Main_Page
That way we can have for example .nxt as a TLD and it would work on all systems.
I didn't want to make any announcements until I had code to show, but I'm interested in the same goal. I figure I should speak up now so there isn't a duplication of effort.
I've secured the domain dotNXT.org, and the alias nxt:dotNXT.
No other work has been completed yet as I'm currently in talks with my HR dept. at work to take 3 consecutive weeks of vacation to work on the project full time. Still early yet to say, but I'm hopeful that block will begin the week of 1/6.
If anyone else has the same goal as to have a functioning a .NXT DNS, feel free to contact me in PM.
0.4.8 runs fine!
...let's hope we are still forging with them browsers closed... I would be particularly interested in
If it runs more than 12 hours without getting stuck, then you succeeded
let's wait till tomorrow, I'll test it on 512 Mb a lot 
0.4.8 runs fine!
...let's hope we are still forging with them browsers closed... I would be particularly interested in
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