Topic: NXT :: descendant of Bitcoin - Updated Information - page 2267. (Read 2761642 times)
22866 4071545868996394636 23-12-2013 12:36:48
10 2'900 + 10 1'402 B
1 10464616015063249896 990 %
But I had to pay.... NXT
A small group of people control all existing coins, all the coins that will ever exist. While everyone else has to buy NXT or beg for some NXTin some giveaway or bounty.
People in that group also bought their NXT, can you say this about ripple?Oh, well people sent some BTC to get their initial NXT. But rest assured Ripple also had expenses, since it's a proper private company, there were costs involved with wages, renting space, etc... so yes, they've put money in as well.
A small group of people control all existing coins, all the coins that will ever exist. While everyone else has to buy NXT or beg for some NXTin some giveaway or bounty.
People in that group also bought their NXT, can you say this about ripple? 
Sorry but how to do that if there is no incoming in the network? Customer would need to input txid or broadcastbytes (both cumbersome)
Also rebroadcasting seems to take several seconds for a single tx, cannot imagine having a list of 3 weeks' transactions rebroadcasted constantly...
Also rebroadcasting seems to take several seconds for a single tx, cannot imagine having a list of 3 weeks' transactions rebroadcasted constantly...
Right, I should add this into NRS.
Isn't this exactly like Ripple?!
Do u know how Ripple works?
Well, for the end user it's pretty similar. I am sure there are hundreds technical things you could tell me about how NXT is different from Ripple, and they are probably very impressive.
But I own some Ripple and I own some NXT. Ripple has some promising use cases, so does NXT (NXT use cases, BTW are similar to BTC Colored Coins and Mastercoin such as distributed market place, voting, decentralized asset trading).
From wikipedia:
Quote
At its core, Ripple is based around a shared, public database. This database contains a ledger with account balances. Anyone can view the ledger and see a record of all activity on the Ripple network. In addition to information about balances, the ledger can also hold information about offers to buy or sell a currency or asset, creating the first distributed exchange.
People were extremely unhappy with the fact that the organization behind Ripple owned all coins and therefore they had an instant market cap of (all coins) x (price). And it's the same with NXT. A small group of people control all existing coins, all the coins that will ever exist. While everyone else has to buy NXT or beg for some NXTin some giveaway or bounty.
Not only that, but, the more coins you have, the more you make in forging... to the rich will get richer.
So... I bought some NXT, I played with the server/client... all looks nice.
The only thing that bothers me is the fact that 20-something people hold 1 billion NXT.
Isn't this exactly like Ripple?!
The only thing that bothers me is the fact that 20-something people hold 1 billion NXT.
Isn't this exactly like Ripple?!
Already 250mil (25% )changed hands. At some point it will always be small amounts of people owning lots of something. It's like that with everything in this world. And always will be. USD, gold, silver, bitcoin, nxt. Rich will always get richer. All you can do is join them.
They could enter 500 hours instead of 24.
okQuote
U will reboradcast the transactions.
Sorry but how to do that if there is no incoming in the network? Customer would need to input txid or broadcastbytes (both cumbersome)Also rebroadcasting seems to take several seconds for a single tx, cannot imagine having a list of 3 weeks' transactions rebroadcasted constantly...
nope, its :
decentralized
100% proof of stake
community based support
..emm add more if I missing something
and it was all done in public in this very board a few weeks ago. everyone could invest in the beginning, and 70 some invested. they now distribute the coins to more and more nxt-user. it's still beta, thats why the code isn't public yet. give it a week or two.
i didn't invest btw.
I'm at 22863 143%
Are we going back to the normality?
Are we going back to the normality?
Just a break for lunch.
Why can't Nxt forum buy DDoS protected hosting? 
Europe is full of providers that can handle all these attacks and garantee free speech at the same time 
Hah, nxtalk was designed to handle with DDoSes. That's why it took some more time to configure it and it was released just after nextcoin.org and became second runner for a while... Europe is full of providers that can handle all these attacks and garantee free speech at the same time 
I'm at 22863 143%
Are we going back to the normality?
Are we going back to the normality?
It looks like it. Although, Dgex's account is still messed up and causing issues.
What really bothers me is that transaction are so freaking slow. Yesterday I both applied for the 1 free Nxt as well as withdrew some Nxt from dgex to test it. My account is still empty :/
I'm at 22863 143%
Are we going back to the normality?
Are we going back to the normality?
During the night I was on a cool fork - I mined my first blocks... But I probably lost them due to desynchronisation 
ZjP and j0b figured out that by blacklisting all the heavily weighted nodes their clients resync. This is because the weighting algorithm gives too high a priority to large accounts. This needs to be remedied.
ZjP (nxt: 6481558415262535339) and j0b (nxt: 13570469120032392161) deserve some Nxt for figuring this out.
ZjP (nxt: 6481558415262535339) and j0b (nxt: 13570469120032392161) deserve some Nxt for figuring this out.
Running mac client (automatic update to 0.4.2). Restarted several times.
At least 12 hours and still stuck on
22389 8435108420902103484
can I do anything for you?
At least 12 hours and still stuck on
22389 8435108420902103484
can I do anything for you?
can you take some beers pls?
Probably the best I can do. NXT will support p2p beer-donation after block 30000 right? I will brew you some and stfu while you work.
Why can't Nxt forum buy DDoS protected hosting? Europe is full of providers that can handle all these attacks and garantee free speech at the same time
Europe is full of providers that can handle all these attacks and garantee free speech at the same time So... I bought some NXT, I played with the server/client... all looks nice.
The only thing that bothers me is the fact that 20-something people hold 1 billion NXT.
Isn't this exactly like Ripple?!
The only thing that bothers me is the fact that 20-something people hold 1 billion NXT.
Isn't this exactly like Ripple?!
nope, its :
decentralized
100% proof of stake
community based support
..emm add more if I missing something
Isn't this exactly like Ripple?!
Do u know how Ripple works?
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