Topic: NXT :: descendant of Bitcoin - Updated Information - page 311. (Read 2761645 times)
Are there any important reason for prices drop nearly %50? Thanks guys!
Can I have some nxt too? 4335920541131722361
We are talking TestNXT here...
Yup, I know. Thanks. Got it.
Can I have some nxt too? 4335920541131722361
We are talking TestNXT here...
If someone could send me some TestNXT I'd appreciate it: 15092019138248535173
http://nxtra.org/nxt-client/ is looking *great* anyone getting down about the price should just have a play with it in order to cheer up.
senthttp://nxtra.org/nxt-client/ is looking *great* anyone getting down about the price should just have a play with it in order to cheer up.
Can I get some?
ID: 1541442619314460703
Thanks James - and I have sent you 10K.
Can I have some nxt too? 4335920541131722361
If someone could send me some TestNXT I'd appreciate it: 15092019138248535173
http://nxtra.org/nxt-client/ is looking *great* anyone getting down about the price should just have a play with it in order to cheer up.
senthttp://nxtra.org/nxt-client/ is looking *great* anyone getting down about the price should just have a play with it in order to cheer up.
Can I get some?
ID: 1541442619314460703
Thanks James - and I have sent you 10K.
If someone could send me some TestNXT I'd appreciate it: 15092019138248535173
http://nxtra.org/nxt-client/ is looking *great* anyone getting down about the price should just have a play with it in order to cheer up.
senthttp://nxtra.org/nxt-client/ is looking *great* anyone getting down about the price should just have a play with it in order to cheer up.
Can I get some?
ID: 1541442619314460703
If someone could send me some TestNXT I'd appreciate it: 15092019138248535173
http://nxtra.org/nxt-client/ is looking *great* anyone getting down about the price should just have a play with it in order to cheer up.
http://nxtra.org/nxt-client/ is looking *great* anyone getting down about the price should just have a play with it in order to cheer up.
This client is the best thing that has happened to Nxt in last 2 months.
It's Javascript based means any idiot who can use a web browser can use it without downloading and installing anything, and it can be deployed to Firefox and Chrome app stores.
If someone could send me some TestNXT I'd appreciate it: 15092019138248535173
http://nxtra.org/nxt-client/ is looking *great* anyone getting down about the price should just have a play with it in order to cheer up.
sent http://nxtra.org/nxt-client/ is looking *great* anyone getting down about the price should just have a play with it in order to cheer up.
If not CfB, then Jean-Luc
If not Jean-Luc, then maybe CIYAM
If not CIYAM, then maybe jl777
If not jl777 then ....
If not Jean-Luc, then maybe CIYAM
If not CIYAM, then maybe jl777
If not jl777 then ....
Jean-Luc is already the lead developers. Neither CIYAM nor jl777 are java programmer.
If someone could send me some TestNXT I'd appreciate it: 15092019138248535173
http://nxtra.org/nxt-client/ is looking *great* anyone getting down about the price should just have a play with it in order to cheer up.
http://nxtra.org/nxt-client/ is looking *great* anyone getting down about the price should just have a play with it in order to cheer up.
1. great to hear the 250 per block and therefore minute can be changed easily to add more capacity per minute?
2. can you clarify how TF helps. is that because clients can know where to send the transaction so it can get to the forging node quicker to be included or is there some other reason why TF enables more transactions per block?
3. we still have (worst case) 60s latency - is there any solution to this other than more blocks per minute?
2. can you clarify how TF helps. is that because clients can know where to send the transaction so it can get to the forging node quicker to be included or is there some other reason why TF enables more transactions per block?
3. we still have (worst case) 60s latency - is there any solution to this other than more blocks per minute?
1. Yes the constant 250 is trivially changed (although how much bigger we make that is something we'll need to consider).
2. TF helps not just because you can send more directly but because it is expected those nodes would be running on high bandwidth connections.
3. There is no real solution to the latency problem in the internet apart from centralisation. TF helps us by basically acting as a compromise - we trade off some decentralisation in order to get higher throughput.
BTW parallel chains allows you to multiply the TPM by the number of chains you are supporting so more high powered TF nodes could become "super nodes".
Anon136, exactly about the parallel chains, Nxt AMs can be 1 kb and contain magnet links with very little Nxt blockchain bloat.
0.01 is too low. that's sad to hear. also it is imperative that people be forced to use nxt to buy space in the blockchain. this keeps nxt relevant which keeps the price up which gives the network its security. if people are really talking about creating an asset in the AE that will allow people to purchase space in the blockchain instead of nxt than i will have to make it my mission to put a stop to that.
thanks for the info rickyjames.
Last I heard 0.1 NXT was the new min tx feethanks for the info rickyjames.
I dont understand how nodecoin is being twisted into something that "purchase space in the blockchain"
All nodecoin does is tabulate a nodes peers and then allocates nodecoins based on the number of times your node is someone else's peers.
How this gets turned into some magical NXT killer, absolutely boggles my mind
James
James, there's more issues than nodecoin and that's what's being referenced here. Salsa and others are pushing to rent out space in parallel blockchains to store data/files/entire websites and this has nothing to do with nodecoin and everything to do with creating bloated blockchains.
nodecoins are just an asset that acts like airline miles. People that do things that help NXT get rewards. Do airline miles destroy USD?
James
James
I've given up saying negative things on nodecoin. Now you say nodecoins are like airline miles. OK, we'll talk about airline miles. From the airline's point of view, every time somebody got a flight on a jet using airline miles, that was a seat they made no money on. It was good for the guy that got the airline miles, and bad for the airlines. The more people accumulated airline miles, the more there was a big overhang of "free service" (ie LOSSES) that faced the airlines. As a result, the airlines have all devalued the airline miles. They are "worth" a LOT less today than they were when somebody first thought up the idea of "let's give out airline miles!". So are nodecoins an NXT killer? I'm not saying that anymore. But if you want to compare them to airline miles, you'd better do some research into just what happened with airline miles. It's not a pretty story for the airlines.
http://www.smartertravel.com/travel-advice/with-frequent-flyer-programs-keep-up-or-lose-out.html?id=4325925
http://www.businessweek.com/articles/2013-12-20/travelers-find-fresh-reasons-to-sue-their-frequent-flier-programs
dude who cares if parallel blockchains are bloated. if you dont like it than dont run them!
0.01 is too low. that's sad to hear. also it is imperative that people be forced to use nxt to buy space in the blockchain. this keeps nxt relevant which keeps the price up which gives the network its security. if people are really talking about creating an asset in the AE that will allow people to purchase space in the blockchain instead of nxt than i will have to make it my mission to put a stop to that.
thanks for the info rickyjames.
Last I heard 0.1 NXT was the new min tx feethanks for the info rickyjames.
I dont understand how nodecoin is being twisted into something that "purchase space in the blockchain"
All nodecoin does is tabulate a nodes peers and then allocates nodecoins based on the number of times your node is someone else's peers.
How this gets turned into some magical NXT killer, absolutely boggles my mind
James
good 0.1 sounds right to me.
idk im just going by what rickyjames said.
that sounds like a great idea. more nodes = more dos protection.
no idea.
thanks for the info.
If an asset that rewards people based on something related to NXT is a threat to NXT, then we need to kill AE.
Once AE is active, nothing stops anybody from issuing an asset that is tied to NXT things, eg. number of aliases, number of tx, number of nodes, amount of bandwidth, amount of time connected, etc., etc.
What if some NXT attacker did this and put in bids for 100 NXT for each of these coins? that would be a total disaster wouldnt it? Everybody just getting all this free NXT, just for using NXT. Imagine, just automatically getting 1000 NXT per day. The horror. Where exactly does the NXT that is paid for these coins come from?
Can somebody explain to me how getting coins (that might or might not have any value) for using NXT or supporting NXT harms NXT? To my mind it just seems like a faucet. Since when did faucets hurt the thing being fauceted?
James
Once AE is active, nothing stops anybody from issuing an asset that is tied to NXT things, eg. number of aliases, number of tx, number of nodes, amount of bandwidth, amount of time connected, etc., etc.
What if some NXT attacker did this and put in bids for 100 NXT for each of these coins? that would be a total disaster wouldnt it? Everybody just getting all this free NXT, just for using NXT. Imagine, just automatically getting 1000 NXT per day. The horror. Where exactly does the NXT that is paid for these coins come from?
Can somebody explain to me how getting coins (that might or might not have any value) for using NXT or supporting NXT harms NXT? To my mind it just seems like a faucet. Since when did faucets hurt the thing being fauceted?
James
Asset exchange is a great idea. Trading anything attached to a colored coin is a wonderful new capability. My concern about asset exchange is that altho NXT HAS to be used as the transaction fee AND the colored coin, it DOES NOT HAVE TO BE THE ASSET ITSELF that is being traded. So it is entirely possible that a SMALL AMOUNT of NXT will be used in trading literally MILLIONS of Bitcoins and DOGE back and forth, and these will be attached to 0.1 NXT colored coins shuffled around by 0.1 NXT transaction fees. I am afraid a guy can go to Cryptsy to buy ONLY 100 or 1000 NXT and trade for YEARS shuffling around MILLIONS of Bitcoin and Doge.
In one sentence: The introduction and use of NXT AE does not necessarily mean the creation of significant buying pressure and upward prices on NXT currency itself.
I have to say rickyjames, you are utterly wrong about here. If a person will buy 100 NXT to trade using NXT AE, it is a wonderful thing!!!! It will be a significant buying pressure if they do use NXT for asset exchange. Imagine having thousand and thousands people being introduced to NXT. It is the best marketing platform. That is if we manage to convince them to use NXT for asset exchange.
Asset exchange is a great idea. Trading anything attached to a colored coin is a wonderful new capability. My concern about asset exchange is that altho NXT HAS to be used as the transaction fee AND the colored coin, it DOES NOT HAVE TO BE THE ASSET itself being traded. So it is entirely possible that a SMALL AMOUNT of NXT will be used in trading literally MILLIONS of Bitcoins and DOGE back and forth, and these will be attached to 0.1 NXT colored coins shuffled around by 0.1 NXT transaction fees. I am afraid a guy can go to Cryptsy to buy ONLY 100 or 1000 NXT and trade for YEARS shuffling around MILLIONS of Bitcoin and Doge.
In one sentence: The introduction and use of NXT AE does not necessarily mean the creation of significant buying pressure and upward prices on NXT currency itself.
In one sentence: The introduction and use of NXT AE does not necessarily mean the creation of significant buying pressure and upward prices on NXT currency itself.
The more transactions on the network will equate to a higher market cap imo. More transactions means more fees which will encourage more people to forge.
Increasing ROI ( 0.5% -> 2% ) should produce an increase in the underlying price.
Jl777 quote, "P.S. what do you think of bitcoin bridge? Doesnt that solve the crypto 1.0 functionality issue?"
I think it is a stopgap solution to having actual KYC AML exchanges for USD/NXT.
7 billion potential people that can assign ownership rights to Nxt and then trade fluffy cats (f)or houses is a huge market indeed.
I think it is a stopgap solution to having actual KYC AML exchanges for USD/NXT.
7 billion potential people that can assign ownership rights to Nxt and then trade fluffy cats (f)or houses is a huge market indeed.
Asset exchange is a great idea. Trading anything attached to a colored coin is a wonderful new capability. My concern about asset exchange is that altho NXT HAS to be used as the transaction fee AND the colored coin, it DOES NOT HAVE TO BE THE ASSET itself being traded. So it is entirely possible that a SMALL AMOUNT of NXT will be used in trading literally MILLIONS of Bitcoins and DOGE back and forth, and these will be attached to 0.1 NXT colored coins shuffled around by 0.1 NXT transaction fees. I am afraid a guy can go to Cryptsy to buy ONLY 100 or 1000 NXT and trade for YEARS shuffling around MILLIONS of Bitcoin and Doge.
In one sentence: The introduction and use of NXT AE does not necessarily mean the creation of significant buying pressure and upward prices on NXT currency itself.
In one sentence: The introduction and use of NXT AE does not necessarily mean the creation of significant buying pressure and upward prices on NXT currency itself.
The more transactions on the network will equate to a higher market cap imo. More transactions means more fees which will encourage more people to forge.
If an asset that rewards people based on something related to NXT is a threat to NXT, then we need to kill AE.
Once AE is active, nothing stops anybody from issuing an asset that is tied to NXT things, eg. number of aliases, number of tx, number of nodes, amount of bandwidth, amount of time connected, etc., etc.
What if some NXT attacker did this and put in bids for 100 NXT for each of these coins? that would be a total disaster wouldnt it? Everybody just getting all this free NXT, just for using NXT. Imagine, just automatically getting 1000 NXT per day. The horror. Where exactly does the NXT that is paid for these coins come from?
Can somebody explain to me how getting coins (that might or might not have any value) for using NXT or supporting NXT harms NXT? To my mind it just seems like a faucet. Since when did faucets hurt the thing being fauceted?
James
Once AE is active, nothing stops anybody from issuing an asset that is tied to NXT things, eg. number of aliases, number of tx, number of nodes, amount of bandwidth, amount of time connected, etc., etc.
What if some NXT attacker did this and put in bids for 100 NXT for each of these coins? that would be a total disaster wouldnt it? Everybody just getting all this free NXT, just for using NXT. Imagine, just automatically getting 1000 NXT per day. The horror. Where exactly does the NXT that is paid for these coins come from?
Can somebody explain to me how getting coins (that might or might not have any value) for using NXT or supporting NXT harms NXT? To my mind it just seems like a faucet. Since when did faucets hurt the thing being fauceted?
James
Asset exchange is a great idea. Trading anything attached to a colored coin is a wonderful new capability. My concern about asset exchange is that altho NXT HAS to be used as the transaction fee AND the colored coin, it DOES NOT HAVE TO BE THE ASSET ITSELF that is being traded. So it is entirely possible that a SMALL AMOUNT of NXT will be used in trading literally MILLIONS of Bitcoins and DOGE back and forth, and these will be attached to 0.1 NXT colored coins shuffled around by 0.1 NXT transaction fees. I am afraid a guy can go to Cryptsy to buy ONLY 100 or 1000 NXT and trade for YEARS shuffling around MILLIONS of Bitcoin and Doge.
In one sentence: The introduction and use of NXT AE does not necessarily mean the creation of significant buying pressure and upward prices on NXT currency itself.
What NXT AE allows is for creative people to come up with totally new and unexpected ideas and build that on top of NXT. What creates the value of BTC, of DOGE, of any crypto? Do you really think that if millions and millions of dollars are traded via NXT AE that there wont be a spillover effect?
With ripple, the correlation was very clear. The more stuff trading inside ripple, the more the XRP was worth.
If a shopping center has a lot of customers, the land it is built on will be worth more than if it didnt have many customers, even though nobody in the shopping center is actually trading the land it is built on.
James
P.S. what do you think of bitcoin bridge? Doesnt that solve the crypto 1.0 functionality issue?
Asset exchange is a great idea. Trading anything attached to a colored coin is a wonderful new capability. My concern about asset exchange is that altho NXT HAS to be used as the transaction fee AND the colored coin, it DOES NOT HAVE TO BE THE ASSET itself being traded. So it is entirely possible that a SMALL AMOUNT of NXT will be used in trading literally MILLIONS of Bitcoins and DOGE back and forth, and these will be attached to 0.1 NXT colored coins shuffled around by 0.1 NXT transaction fees. I am afraid a guy can go to Cryptsy to buy ONLY 100 or 1000 NXT and trade for YEARS shuffling around MILLIONS of Bitcoin and Doge.
In one sentence: The introduction and use of NXT AE does not necessarily mean the creation of significant buying pressure and upward prices on NXT currency itself.
In one sentence: The introduction and use of NXT AE does not necessarily mean the creation of significant buying pressure and upward prices on NXT currency itself.
The more transactions on the network will equate to a higher market cap imo. More transactions means more fees which will encourage more people to forge.
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