Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 2021. (Read 2761645 times)

hero member
Activity: 687
Merit: 500
@cfb: What is the field "referencedTransaction" in the transaction class for? Could you explain a bit?
full member
Activity: 171
Merit: 100


Now I see your point, but I think that instead of forging with the big accounts, let others, with smaller Nxt stakes forge, and better donate couple of hunders k for bounties that will really help Nxt to succeed. Like bybitcoin is doing it.

But who should I donate my couple of hundred k too? I know that sometimes the smartest guy in the room says the least, and the loudest guy is actually full of shit. Why don't we try and setup a group consensus first to co-ordinate things a little. I want a decentralised NXT, but in this critical phase why not try and have a loose structure to maximise the bang for our NXT buck. I know I'm not the guy to decide who should get some community funding, so I want to donate through a consensus of people who have shown they are smart and capable. I saw the list of people posting in this thread. I vote for quality, not quantity. Who are the really smart people with good ideas? They decide where my NXT goes.


here are some thoughts about a concept call "mining hubs" to accumulate accounts for forging without the need to transfer the stake to one account.
its not a complete worked out concept and just a idea need to prove with some developers if its possible to implement.
there were already a few words:

Would it ever be possible to make pools of some kind with Nxt?
Why not? Same basis: transactions.


just a comment to this interesting topic:

as we know, members of these fond need to trust one person who manage the forging-account.
charming would be to have "forging-hub's" where stake holders can connect their accounts.
the earned fees would distributed proportional to the account balance.
the hub manager keep a fee - for sure ;-)

I could imagine that concept would join more people as the single account-concept.
an nice side effect would be that the periodic distribution of all fees would generate new fees...
this sustains the whole system.


sr. member
Activity: 602
Merit: 268
Internet of Value
there has to be a tax against money not put into circulation. Cfb , is it possible to design such a scheme?


Isn't that what freicoin or any fiat currency is doing? I'd sell my NXTs and go back to bitcoin if any such thing was implemented.

I would definitely sell all my next if there is no mechanism to counterreact hoarding because it is not going to work any other ways.
legendary
Activity: 1806
Merit: 1001
Now I see your point, but I think that instead of forging with the big accounts, let others, with smaller Nxt stakes forge, and better donate couple of hunders k for bounties that will really help Nxt to succeed. Like bybitcoin is doing it.

Don't tell people what to do and you won't hear where should you go.
I´m sorry, but that´s bullshit.

I think everything I´ve done so far was in the best interest of Nxt.

Probably so, I didn't follow. Anyway if the guy goes out from the shadow and suggests to pledge some really good money it's not the right thing to ask for more and more and more.
legendary
Activity: 2184
Merit: 1000
I have an idea which would help distribute some of your Nxt and also help Nxt develop for the long term.


We will start a contest where the 10 best ideas for a client feature or application which would help Nxt grow over the next 5 years.

We would be open to entries from all Nxters and the community will vote for the best 10 ideas which would get funding.

The development fund would be managed by those currently in charge of the bounty program.

10 idea's each get 200,000 NXT to implement their feature or application to the Nxt ecosystem.


Total Development Fund Needed: Nxt 2,000,000


I can immediately start the thread where idea's can be deposited....Final voting can begin in a weeks time.


What do you guys think?


 
sr. member
Activity: 602
Merit: 268
Internet of Value
Why push aldrin to do anything? He can do whatever he wants with his stake. You can rest assured he's going to use it well, no need to blabla in my eyes. Supporting contributions to the project sounds fine.
The system won't work if all the big stakes just hoards a big stake. If he finally does as he said, basically his nxt become dead because it is only sitting there for forging without entering the economy.

If this would be the case, then the initial distribution of NXT to stakeholder is in fact the problem. It was decided to do it the way it was done. There is no way to change the rules now. IMHO, aldrin has every right to do what he want with his NXT - technically and morally.

Apart from that, I think that the system DOES work even when all the big stakes just hoard a big stake. There is still a certain percentage of NXT moving around.
Big stakes will probably not hoard forever. It depends on the price made by the moving NXT, the potential NXT still has (over time) and the temptation of cashing out.

Marcus (small-stake)

It is just like adding a feature to nxt network to counterreact hoarding. If you want all kind of cool stufs for nxt why don't you want a feature that will make nxt a sustainable system? I am big stake definitely in top100. I am also economist. I am taking a position for the best of nxt network and the idea of decentralization.
legendary
Activity: 1806
Merit: 1001

I have a large account balance, and the other day I noticed a few separate transactions in my history where unknown users to me had sent 1 NXT amounts to my account. I hadn't noticed them before, as the only difference between a forged NXT and a sent NXT is the small icon next to the transaction number.

I suspect someone was experimenting with trying to identify the location of accounts with large balances on the network. I don't have much experience with these things, but I suspect there could be ways of analysing transaction logs and other data sources to try and determine the IP address, or identity/location of an open account.

My account number is one of the accounts on the block explorer page of top accounts, so I think someone was searching for the location & account status of big accounts.


Dont worry. It was me, who added your account to one of NXT faucet, as you seems too poor to fund activity of NXT supporters or too busy watching your balance growing.

Joke. Or not?

Dont take it personally. This is my message to all high volume shareholders.

Why don't you read what I said? I'm suggesting all large holders of NXT, like myself, pool a big wad of NXT together and donate ALL the forged NXT to community activities that further all out interests FOR MANY YEARS.

This is my message to the NXT community - read & think before you comment and act.

Rather than set myself up as a 'leader' of NXT on the basis that I got lucky and sent BcNext 1 bitcoin, I'm advocating trying to be smart about things. I can see there are much better people than me to co-ordinate the distribution of any contribution I can make. I can also see that donating to random people who ask is not the best way to go. Some of them might have big voices but small minds, and lack talent and good ideas. Some might be scam merchants.

I revealed myself as having a big stake  - maybe that was unwise.

I'm suggesting that  decisions on how to spend any donated NXT be made by the best and brightest in the NXT community - to avoid donating NXT to people who post negative comments without reading and thinking first.

I'm looking for a structure to support NXT for years, not a few random acts to the loudest voices.

I want to support smart people. Does your comment to my post about setting up a forging trust account suggest you are smart? I just offered to support the NXT community for many years, and you replied "as you seems too poor to fund activity of NXT supporters or too busy watching your balance growing" Then you make a joking reference about hacking my account to donate it to a NXT faucet, presumably because I'm not donating enough.

I'm not taking it personally (you don't know me), but I'm suggesting you need to consider your approach if you want my support . I expect that you would read and think before posting a reply.


I think it's a great idea. At least for a start. If major stakeholders just sell all their coins there will be no power to prevent bad things that might happen in future. There should be some kind of fund or something that developers could use for whatever the system might need: new nodes, marketing etc.
full member
Activity: 224
Merit: 100
Why push aldrin to do anything? He can do whatever he wants with his stake. You can rest assured he's going to use it well, no need to blabla in my eyes. Supporting contributions to the project sounds fine.
The system won't work if all the big stakes just hoards a big stake. If he finally does as he said, basically his nxt become dead because it is only sitting there for forging without entering the economy.

If this would be the case, then the initial distribution of NXT to stakeholder is in fact the problem. It was decided to do it the way it was done. There is no way to change the rules now. IMHO, aldrin has every right to do what he want with his NXT - technically and morally.

Apart from that, I think that the system DOES work even when all the big stakes just hoard a big stake. There is still a certain percentage of NXT moving around.
Big stakes will probably not hoard forever. It depends on the price made by the moving NXT, the potential NXT still has (over time) and the temptation of cashing out.

Marcus (small-stake)
member
Activity: 98
Merit: 10
there has to be a tax against money not put into circulation. Cfb , is it possible to design such a scheme?


Isn't that what freicoin or any fiat currency is doing? I'd sell my NXTs and go back to bitcoin if any such thing was implemented.
full member
Activity: 129
Merit: 100

Dear sir,

Please consider to let "opticalc" use or halmark to use it on VPS this would help the network.

I will ask him to contact you and explain


thank you

I plan to do this tomorrow. I just need to catch up on how (c-f-b did it for me originally but I've changed accounts since then, and I'm not in-front of a PC all day). I know it is a good thing to do!!
hero member
Activity: 784
Merit: 500

I have a large account balance, and the other day I noticed a few separate transactions in my history where unknown users to me had sent 1 NXT amounts to my account. I hadn't noticed them before, as the only difference between a forged NXT and a sent NXT is the small icon next to the transaction number.

I suspect someone was experimenting with trying to identify the location of accounts with large balances on the network. I don't have much experience with these things, but I suspect there could be ways of analysing transaction logs and other data sources to try and determine the IP address, or identity/location of an open account.

My account number is one of the accounts on the block explorer page of top accounts, so I think someone was searching for the location & account status of big accounts.


Dont worry. It was me, who added your account to one of NXT faucet, as you seems too poor to fund activity of NXT supporters or too busy watching your balance growing.

Joke. Or not?

Dont take it personally. This is my message to all high volume shareholders.

Why don't you read what I said? I'm suggesting all large holders of NXT, like myself, pool a big wad of NXT together and donate ALL the forged NXT to community activities that further all out interests FOR MANY YEARS.

This is my message to the NXT community - read & think before you comment and act.

Rather than set myself up as a 'leader' of NXT on the basis that I got lucky and sent BcNext 1 bitcoin, I'm advocating trying to be smart about things. I can see there are much better people than me to co-ordinate the distribution of any contribution I can make. I can also see that donating to random people who ask is not the best way to go. Some of them might have big voices but small minds, and lack talent and good ideas. Some might be scam merchants.

I revealed myself as having a big stake  - maybe that was unwise.

I'm suggesting that  decisions on how to spend any donated NXT be made by the best and brightest in the NXT community - to avoid donating NXT to people who post negative comments without reading and thinking first.

I'm looking for a structure to support NXT for years, not a few random acts to the loudest voices.

I want to support smart people. Does your comment to my post about setting up a forging trust account suggest you are smart? I just offered to support the NXT community for many years, and you replied "as you seems too poor to fund activity of NXT supporters or too busy watching your balance growing" Then you make a joking reference about hacking my account to donate it to a NXT faucet, presumably because I'm not donating enough.

I'm not taking it personally (you don't know me), but I'm suggesting you need to consider your approach if you want my support . I expect that you would read and think before posting a reply.


Now I see your point, but I think that instead of forging with the big accounts, let others, with smaller Nxt stakes forge, and better donate couple of hunders k for bounties that will really help Nxt to succeed. Like bybitcoin is doing it.

But who should I donate my couple of hundred k too? I know that sometimes the smartest guy in the room says the least, and the loudest guy is actually full of shit. Why don't we try and setup a group consensus first to co-ordinate things a little. I want a decentralised NXT, but in this critical phase why not try and have a loose structure to maximise the bang for our NXT buck. I know I'm not the guy to decide who should get some community funding, so I want to donate through a consensus of people who have shown they are smart and capable. I saw the list of people posting in this thread. I vote for quality, not quantity. Who are the really smart people with good ideas? They decide where my NXT goes.

There is a bounty fund lead by bybitcoin. They are collecting funds from genesisblock founders and give bounty to peple who really add some value to Nxt by marketing it, developing something and so on. You should get in touch with him.

https://bitcointalksearch.org/topic/bounty-announcements-for-nxt-the-first-pure-pos-coin-345773
full member
Activity: 129
Merit: 100

I have a large account balance, and the other day I noticed a few separate transactions in my history where unknown users to me had sent 1 NXT amounts to my account. I hadn't noticed them before, as the only difference between a forged NXT and a sent NXT is the small icon next to the transaction number.

I suspect someone was experimenting with trying to identify the location of accounts with large balances on the network. I don't have much experience with these things, but I suspect there could be ways of analysing transaction logs and other data sources to try and determine the IP address, or identity/location of an open account.

My account number is one of the accounts on the block explorer page of top accounts, so I think someone was searching for the location & account status of big accounts.


Dont worry. It was me, who added your account to one of NXT faucet, as you seems too poor to fund activity of NXT supporters or too busy watching your balance growing.

Joke. Or not?

Dont take it personally. This is my message to all high volume shareholders.

Why don't you read what I said? I'm suggesting all large holders of NXT, like myself, pool a big wad of NXT together and donate ALL the forged NXT to community activities that further all out interests FOR MANY YEARS.

This is my message to the NXT community - read & think before you comment and act.

Rather than set myself up as a 'leader' of NXT on the basis that I got lucky and sent BcNext 1 bitcoin, I'm advocating trying to be smart about things. I can see there are much better people than me to co-ordinate the distribution of any contribution I can make. I can also see that donating to random people who ask is not the best way to go. Some of them might have big voices but small minds, and lack talent and good ideas. Some might be scam merchants.

I revealed myself as having a big stake  - maybe that was unwise.

I'm suggesting that  decisions on how to spend any donated NXT be made by the best and brightest in the NXT community - to avoid donating NXT to people who post negative comments without reading and thinking first.

I'm looking for a structure to support NXT for years, not a few random acts to the loudest voices.

I want to support smart people. Does your comment to my post about setting up a forging trust account suggest you are smart? I just offered to support the NXT community for many years, and you replied "as you seems too poor to fund activity of NXT supporters or too busy watching your balance growing" Then you make a joking reference about hacking my account to donate it to a NXT faucet, presumably because I'm not donating enough.

I'm not taking it personally (you don't know me), but I'm suggesting you need to consider your approach if you want my support . I expect that you would read and think before posting a reply.


Now I see your point, but I think that instead of forging with the big accounts, let others, with smaller Nxt stakes forge, and better donate couple of hunders k for bounties that will really help Nxt to succeed. Like bybitcoin is doing it.

But who should I donate my couple of hundred k too? I know that sometimes the smartest guy in the room says the least, and the loudest guy is actually full of shit. Why don't we try and setup a group consensus first to co-ordinate things a little. I want a decentralised NXT, but in this critical phase why not try and have a loose structure to maximise the bang for our NXT buck. I know I'm not the guy to decide who should get some community funding, so I want to donate through a consensus of people who have shown they are smart and capable. I saw the list of people posting in this thread. I vote for quality, not quantity. Who are the really smart people with good ideas? They decide where my NXT goes.
full member
Activity: 266
Merit: 100
NXT is the future

I have a large account balance, and the other day I noticed a few separate transactions in my history where unknown users to me had sent 1 NXT amounts to my account. I hadn't noticed them before, as the only difference between a forged NXT and a sent NXT is the small icon next to the transaction number.

I suspect someone was experimenting with trying to identify the location of accounts with large balances on the network. I don't have much experience with these things, but I suspect there could be ways of analysing transaction logs and other data sources to try and determine the IP address, or identity/location of an open account.

My account number is one of the accounts on the block explorer page of top accounts, so I think someone was searching for the location & account status of big accounts.


Dont worry. It was me, who added your account to one of NXT faucet, as you seems too poor to fund activity of NXT supporters or too busy watching your balance growing.

Joke. Or not?

Dont take it personally. This is my message to all high volume shareholders.

Why don't you read what I said? I'm suggesting all large holders of NXT, like myself, pool a big wad of NXT together and donate ALL the forged NXT to community activities that further all out interests FOR MANY YEARS.

This is my message to the NXT community - read & think before you comment and act.

Rather than set myself up as a 'leader' of NXT on the basis that I got lucky and sent BcNext 1 bitcoin, I'm advocating trying to be smart about things. I can see there are much better people than me to co-ordinate the distribution of any contribution I can make. I can also see that donating to random people who ask is not the best way to go. Some of them might have big voices but small minds, and lack talent and good ideas. Some might be scam merchants.

I revealed myself as having a big stake  - maybe that was unwise.

I'm suggesting that  decisions on how to spend any donated NXT be made by the best and brightest in the NXT community - to avoid donating NXT to people who post negative comments without reading and thinking first.

I'm looking for a structure to support NXT for years, not a few random acts to the loudest voices.

I want to support smart people. Does your comment to my post about setting up a forging trust account suggest you are smart? I just offered to support the NXT community for many years, and you replied "as you seems too poor to fund activity of NXT supporters or too busy watching your balance growing" Then you make a joking reference about hacking my account to donate it to a NXT faucet, presumably because I'm not donating enough.

I'm not taking it personally (you don't know me), but I'm suggesting you need to consider your approach if you want my support . I expect that you would read and think before posting a reply.


Dear sir,

Please consider to let "opticalc" use or halmark to use it on VPS this would help the network.

I will ask him to contact you and explain


thank you
hero member
Activity: 784
Merit: 500
Now I see your point, but I think that instead of forging with the big accounts, let others, with smaller Nxt stakes forge, and better donate couple of hunders k for bounties that will really help Nxt to succeed. Like bybitcoin is doing it.

Don't tell people what to do and you won't hear where should you go.
I´m sorry, but that´s bullshit.

I think everything I´ve done so far was in the best interest of Nxt.
legendary
Activity: 1806
Merit: 1001
Now I see your point, but I think that instead of forging with the big accounts, let others, with smaller Nxt stakes forge, and better donate couple of hunders k for bounties that will really help Nxt to succeed. Like bybitcoin is doing it.

Don't tell people what to do and you won't hear where should you go.
sr. member
Activity: 602
Merit: 268
Internet of Value
Why push aldrin to do anything? He can do whatever he wants with his stake. You can rest assured he's going to use it well, no need to blabla in my eyes. Supporting contributions to the project sounds fine.

The system won't work if all the big stakes just hoards a big stake. If he finally does as he said, basically his nxt become dead because it is only sitting there for forging without entering the economy.

I think for the whole system to work, there has to be a tax against money not put into circulation. Cfb , is it possible to design such a scheme?



hero member
Activity: 490
Merit: 504
it reminds me a price of Bitcoin in $, if 0.00007 is like 700$ Cheesy
member
Activity: 98
Merit: 10
Looks like the price is finding a solid base at @0.00007 after correcting by 50% from the recent top. Text-book case. Unless the network gets DDoS'ed and we get more panic selling, of course, haha.
hero member
Activity: 784
Merit: 500
Why push aldrin to do anything? He can do whatever he wants with his stake. You can rest assured he's going to use it well, no need to blabla in my eyes. Supporting contributions to the project sounds fine.
I am not pushing him. Just telling my opinion, which in the end doesn´t really count, but I feel better Smiley
hero member
Activity: 798
Merit: 500
Why push aldrin to do anything? He can do whatever he wants with his stake. You can rest assured he's going to use it well, no need to blabla in my eyes. Supporting contributions to the project sounds fine.
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