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Topic: NXT :: descendant of Bitcoin - Updated Information - page 316. (Read 2761645 times)

full member
Activity: 224
Merit: 100
When there are parallel chains with website data on it - does this even work? Who will support such huge chains and run a node? Shouldn't we focus on storing magnet links like torrent files on the chain instead of magically storing the internet on Nxt?

Tell me if I'm wrong but this sounds like fairyland.

+1.  It's bad enough when we talk about doing Secret Twitter in out blockchain.  Now it's Secret Internet.  I am afraid all of these ideas are like 1000 TPS - boy they sound good, but when you start digging into the engineering / math / numbers end of it to actually implement them, reality forces a hard landing to the soaring balloon of dreams.

I still think of all the unicorns and Bigfoots running around in the NXT forest waiting to be captured and corralled, we should focus on blockchain pruning, block speedup, true TF, and getting to 1000 TPS.  Why we are off chasing the other dozen cool ideas being batted around instead of focusing on THIS ONE is beyond me.  Maybe because it is 1.0 crypto-coin oriented instead of 2.0 crypto-financial-service oriented.  

I say again, WE ARE IGNORING THE CRYPTOCOIN 1.0 FOUNDATION OF NXT AND THIS IS A MISTAKE.  We should be systematically shaking the trees for vendors who will put NXT logos beside their "Bitcoin accepted here" logos (like I see Salsacz doing a few posts back!).  We should be working RELENTLESSLY on increasing TPS as a demo to the world.  IF we build 1000 TPS, they will come.

Rickyjames, normally your posts are meaningful, but lately they have been making less and less sense.

I assume that you know that the people working on TF, pruning, etc. are NOT the people working on AT, gateways, etc.

Trust me, if everyone here knew how TF worked, we would be working on it right now.

PS: Secret "Twitter" and Secret Internet have been discussed since the beginning of NXT, this is not a new development.
hero member
Activity: 715
Merit: 500
will next hit in 1 or 2 years 1 Dollar or 10 dollar or 100 Dollar?

Whats your Prognostic?

500 Dollars in two Years!!

For this, Nxt would need to be bigger than google (400 billions market cap), which took about 16 years to achieve.
full member
Activity: 210
Merit: 108
will next hit in 1 or 2 years 1 Dollar or 10 dollar or 100 Dollar?

Whats your Prognostic?

500 Dollars in two Years!!
hero member
Activity: 715
Merit: 500
please update: http://info.nxtcrypto.org/
0.8.9 and 0.8.10 have been release.
sr. member
Activity: 490
Merit: 250
I don't really come from outer space.
Or should I just tell him to mow as many lawns and wash as many cars as possible and then buy as much NXT as he can afford? Cheesy

I started mining Litecoin when it was under a dollar US each.  Had the money I put into hardware to mine been instead used to purchase Litecoin directly, I would have made a hell of a lot more profit.   Something to think about.
member
Activity: 109
Merit: 10
USA TRUMP USA TRUMP USA TRUMP
OT: my 14 y.o. nephew is getting interested in programming and was talking about learning a skill for developing Nxt services... which direction should I push him? PHP? Python, Ruby, Java... something else?

Or should I just tell him to mow as many lawns and wash as many cars as possible and then buy as much NXT as he can afford? Cheesy

I'm 15 y.o. and I started with Python. It's the best language out there for beginners. Moreover, with Python is easy to interact with different services (NXT network included).

(But the idea of making him work to buy some NXT is not that bad  Wink)
sr. member
Activity: 338
Merit: 250
See the Price is falling and falling since a long Time.

NXT is Dead

NXT will never hit 1 Dollar.....


You are entitled to your opinion however idiotic I think it is. Personally I think that NXT will not enter its infancy until it hit $1 per NXT. We are still in the distribution phase.

Hehehe, sorry, I have to comment on this (yes, HAVE TO, it's something compulsory in me  Wink )

So, when are we finally out of "the distribution phase"? When > 50% is "distributed" amongst X number of accounts? 60%? 70%?
If it follows this pattern, we will end "the distribution phase" in, uhm, 2019?  Grin
full member
Activity: 192
Merit: 101
will next hit in 1 or 2 years 1 Dollar or 10 dollar or 100 Dollar?

Whats your Prognostic?
hero member
Activity: 910
Merit: 1000
Nice. A trainee for james Grin
full member
Activity: 350
Merit: 100
OT: my 14 y.o. nephew is getting interested in programming and was talking about learning a skill for developing Nxt services... which direction should I push him? PHP? Python, Ruby, Java... something else?

Or should I just tell him to mow as many lawns and wash as many cars as possible and then buy as much NXT as he can afford? Cheesy
sr. member
Activity: 756
Merit: 250
See the Price is falling and falling since a long Time.

NXT is Dead

NXT will never hit 1 Dollar.....


You are entitled to your opinion however idiotic I think it is. Personally I think that NXT will not enter its infancy until it hit $1 per NXT. We are still in the distribution phase.
member
Activity: 109
Merit: 10
USA TRUMP USA TRUMP USA TRUMP
See the Price is falling and falling since a long Time.

NXT is Dead

NXT will never hit 1 Dollar.....


back when internet was created a handfull of people were convinced that it would be a global phenomenon but everyone told them that it will never catch hold and will never succeed... you are one of the nay sayers and shall be proven wrong! Smiley

You're talking to a troll with 0 activity who registered today.
hero member
Activity: 910
Merit: 1000
A new post by emule. Just ignore...
sr. member
Activity: 378
Merit: 254
small fry
See the Price is falling and falling since a long Time.

NXT is Dead

NXT will never hit 1 Dollar.....

Assuming that there is any profitability whatsoever in the altcoin markets, my pool should hopefully take advantage of that profitability and utilize it to directly infuse btc into NXT every single time the pool finds an altcoin block
sr. member
Activity: 378
Merit: 254
small fry
Good idea.

Please hold off on this for now.  The pool won't be going anywhere once it is open to the public, we can worry about getting positive publicity for it at that point.  The last thing I want to do is have it become overwhelmed with traffic on day 1.
Currently it is only a single VPS, I suspect that I will have to move towards making things a clustered configuration but again, I'm not even sure if people will use this pool so I'm just continuing on with my original plan.

An update would be that I've got the pool up and I've got all my hashpower mining on it (haven't found a block yet, but it's mining FTC currently.  I want to hopefully find a block before I even open up the closed beta just so i can verify the workflow for the coin liquidation and NXT aquistion are all flowing properly.  (but I have tested them quite a bit)
full member
Activity: 192
Merit: 101
See the Price is falling and falling since a long Time.

NXT is Dead

NXT will never hit 1 Dollar.....
hero member
Activity: 870
Merit: 500
Trading will make me rich)
hey all

I am accepting applications to help me with some closed beta testing on a new pool that I am in the midst of setting up.  I hope to have the initial page up for the preliminary beta testers later today.

It is a mining pool

+101000000000

I'll start mining on that immediately when you release it Cheesy

i think just before this launches some one should start a new thread and maybe an article calling it "a second gen mining pool for a second gen cryptocurrency"

may aswell market it if we can!!

Nice. BTW I am thinking to try out such pool, but I never had a real mining experience, except some attempts to use my offices laptops)))) What hardware should I purchase? ASICs or.. ?
legendary
Activity: 1092
Merit: 1010
I just proposed to have NxtMinnow on LTB with Andreas Antonopoulos
https://twitter.com/aantonop/status/445268614673752064

Seconded that Smiley
sr. member
Activity: 952
Merit: 253

In answer to the TPS (you should use TPM anyway) the 250 constant *is just that* (can be easily changed).

I think we can ramp up to at least 10 TPS right now (and therefore be faster than BTC). After TF is done I expect 100 TPS would not be a big problem - as for 1000 TPS that will probably take a lot longer (so marketing people shouldn't be *flogging* that as something that will be delivered in April - it won't).


Ian,
thanks for this - two questions if I may...
(hope you are still here!)

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?

Thanks,
Ian
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