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Topic: NXT :: descendant of Bitcoin - Updated Information - page 2133. (Read 2761650 times)

legendary
Activity: 1512
Merit: 1004
I am pretty rational,and NXT promotion will be my work now.
BOZ you learn more about NXT,you will like it further.
sr. member
Activity: 602
Merit: 268
Internet of Value
is there somewhere i can read about asset exchange implementation of nxt?

so i have a company, i list it in the asset exchange and ppl will buy in with nxt to own some shares of my company right?
then i will just say that i don't respect the agreement and take the nxt and leave or am i just saying bullshit?  Grin

We will need a protocol that any company has to follow to make an IPO on Nxt network and listed as an asset in the asset exchange.
The minimum you will have to do is:

1. state why your company has value; your company mode of operation; total shares you re going to issue
2. your responsibility to the company and the share you are going to issue.
3. basically, it is your responsibility to persuade Nxt holder to trust you and your company

This will be included in the social contract on your IPO open for the public in a secure forum.

There is a fee for IPO and asset listing. I think it is 1000 Nxt. So if you can't persuade people to buy your share, you will lose that 1000 Nxt. If you finish your IPO successfully, your share will be listed in the asset exchange. Form that point on, the price discovery process will determine the true-worth of your company/ idea.  Of course if you run away with your money, your share will hit zero and being delisted.

That is skeleton of how I think the asset exchange will work.
legendary
Activity: 2142
Merit: 1010
Newbie
When I last looked (probably v0.4.0), it appeared that the code sent to a set of nodes sequentially, which could presumably be very fast or very slow (depending on the connect/read timeouts configured, and the state of the other nodes at the time). Is there any reason why this can't be done as parallel tasks?

Yes, parallelization is more sophisticated. Current implementation is called Nxt Reference Software. We could optimize networking by using binary protocol instead of JSON, but this would increase entry barrier for newbie programmers. The same is applied to other parts of NRS.
sr. member
Activity: 329
Merit: 250
hat's way more likely is that some big stakeholder cashes out, price will crash.

great opportunity to buy cheap coins.

That will give it even more value as the coin spread into more hands.
legendary
Activity: 2184
Merit: 1000
To be on the safe side, I wouldn't advise enxern to quit his day job - but if he can take a non paid vacation, I guess it will be very easy to raise the funds to pay him generously...

Count me in!

I am pretty sure I am going to quit my job at least temporarily to devote my full time time to Nxt if the official launch goes smoothly.
I have quit my job,and devote my all time to this great project.I love you,NXT.

we should also not be too quick in our decisions....Nxtsters are rational beings

legendary
Activity: 2184
Merit: 1000
is there somewhere i can read about asset exchange implementation of nxt?

so i have a company, i list it in the asset exchange and ppl will buy in with nxt to own some shares of my company right?
then i will just say that i don't respect the agreement and take the nxt and leave or am i just saying bullshit?  Grin


Nxt will be held in some sort of time limited escrow account....the Nxt never really leave the Asset exchange.

I could be wrong...

legendary
Activity: 1512
Merit: 1004
To be on the safe side, I wouldn't advise enxern to quit his day job - but if he can take a non paid vacation, I guess it will be very easy to raise the funds to pay him generously...

Count me in!

I am pretty sure I am going to quit my job at least temporarily to devote my full time time to Nxt if the official launch goes smoothly.
I have quit my job,and devote my all time to this great project.I love you,NXT.
sr. member
Activity: 378
Merit: 250
come-from-beyond: is it normal that sending money via api takes 20-30 seconds? What is the timeout I should use on this? (to send the request and receive a response)

If u set "pushThreshold" above zero it will be faster, but less nodes will see ur transaction. U can set it to 100000 to send transactions (and blocks) only to nodes hallmarked with big accounts.

Edit: U should use deadline >= 24h, just rebroadcast transactions lost in limbo (broadcastTransaction API call).

When I last looked (probably v0.4.0), it appeared that the code sent to a set of nodes sequentially, which could presumably be very fast or very slow (depending on the connect/read timeouts configured, and the state of the other nodes at the time). Is there any reason why this can't be done as parallel tasks?
 
hero member
Activity: 586
Merit: 501
is there somewhere i can read about asset exchange implementation of nxt?

so i have a company, i list it in the asset exchange and ppl will buy in with nxt to own some shares of my company right?
then i will just say that i don't respect the agreement and take the nxt and leave or am i just saying bullshit?  Grin
legendary
Activity: 2184
Merit: 1000
I am pretty sure I am going to quit my job at least temporarily to devote my full time time to Nxt if the official launch goes smoothly.

Official launch of Nxt will be unnoticed. Most of bitcoiners will be celebrating 5th Birthday of Bitcoin.

that's always the best way to begin....but i'm sure someone is definitely watching...so they target the Exchange, Forum & Network


The weakest link:

1) Forum
2) Exchange
3) Network


There is a proper & meticulous campaign against Nxt (I know i;m stating the obvious)



hero member
Activity: 714
Merit: 500
I am pretty sure I am going to quit my job at least temporarily to devote my full time time to Nxt if the official launch goes smoothly.

Official launch of Nxt will be unnoticed. Most of bitcoiners will be celebrating 5th Birthday of Bitcoin.
+1 as they watch their btc shares tumble?
legendary
Activity: 2142
Merit: 1010
Newbie
I am pretty sure I am going to quit my job at least temporarily to devote my full time time to Nxt if the official launch goes smoothly.

Official launch of Nxt will be unnoticed. Most of bitcoiners will be celebrating 5th Birthday of Bitcoin.
full member
Activity: 238
Merit: 100
3    MasterCoin   $ 93,461,187   $ 165.96   563,162 MSC   -6.12 %   
4    Nxt   $ 92,571,977   $ 0.093   999,997,986 NXT   +112.19 %

A small step cross MasterCoin. The first direct fight between Nxt and LTC will begin soon.
sr. member
Activity: 602
Merit: 268
Internet of Value
To be on the safe side, I wouldn't advise enxern to quit his day job - but if he can take a non paid vacation, I guess it will be very easy to raise the funds to pay him generously...

Count me in!

I am pretty sure I am going to quit my job at least temporarily to devote my full time time to Nxt if the official launch goes smoothly.
legendary
Activity: 2184
Merit: 1000
A truly global company with global investors. With completely decentralized and peer-to-peer rules. I can't tell you how disruptive it is to the traditional society out there.

We shouldn't forget that other meaning of "revolution" is "catastrophe"...

the Internet is a sound example.
full member
Activity: 196
Merit: 100
Is she from the Crawling Tiger, Hidden Dragon movie?

Dunno. I saw her in http://en.wikipedia.org/wiki/House_of_Flying_Daggers

LOL.  Reminds me of Alan Rickman's line  "I read about them in Time magazine"  in Die Hard.
full member
Activity: 238
Merit: 100
We should have a line up of 3-4 great assets/ companies ready for the asset exchange upon official launch. Are you ready to be the first IPO in Nxt network and the first company listed in Nxt asset exchange ?

Alias-squatters could use Asset Exchange to raise funds for their future business that will bring billions in 5 years. In this case everything will be completely transparent.

It would take time. People is not going to spend money on some promises alone. You have to have something to show first. Perhaph, we should ask nexern to incorporate his Blockchain explorer and make it the first asset of Nxt network. He could be a millionaire upon the IPO Smiley then he can totally focus on finishing Nxt client.

+1000

great idea.

An IPO based totally on NXT....where anyone can buy a piece of the company.

This would give good practice



A truly global company with global investors. With completely decentralized and peer-to-peer rules. I can't tell you how disruptive it is to the traditional society out there.

Nxt is so attractive, so I follow the thread every hour except for sleep.

sr. member
Activity: 602
Merit: 268
Internet of Value
Serious gaming site cannot be hosted in the blockchain. It would be too much of a burden. The share that represents the gambling could be listed and traded in the asset exchange though.
We also need an secure forum to host social contracts for the newly issued shares and assets.

Well, he has to wait when Service Providers implemented. This doesn't make much sense to use centralized website.

We still need to have some linkage to the real world. At least for now. If shatoshi dice can operate as a centralized website then a Nxt dice can. The only difference is that satoshi dice is regulated by some government meanwhile nxt dice needs not be.
legendary
Activity: 2142
Merit: 1010
Newbie
A truly global company with global investors. With completely decentralized and peer-to-peer rules. I can't tell you how disruptive it is to the traditional society out there.

We shouldn't forget that other meaning of "revolution" is "catastrophe"...
legendary
Activity: 2142
Merit: 1010
Newbie
Serious gaming site cannot be hosted in the blockchain. It would be too much of a burden. The share that represents the gambling could be listed and traded in the asset exchange though.
We also need an secure forum to host social contracts for the newly issued shares and assets.

Well, he has to wait when Service Providers implemented. This doesn't make much sense to use centralized website.
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