Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 373. (Read 2761644 times)

legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
so much THIS:

I would like to hear more thoughts from everyone about the "State of the (NXT) Union"

It helps form a better overall picture.

(personally I fear that NXT would never reach the outside world and will always stay in the closed circle of this community, but I'm a tech newb so it doesn't count for anything)

I would really like to hear reasoning from those that believe that NXT will indeed be:

a.) the first choice for decentralized exchange and an asset exchange (ahead of other crypto solutions)

and

b.) will be so widely used among people as something we commonly use on the internet today

I would really like to hear thoughts from people that really believe this and that really see the path to this state.

(what I'm missing here lately is a clear direction and some greater confidence, because lately when comparing NXT to other crypto solutions you can feel at least a lack of purpose)

Be honest (even those that want to believe) as to where NXT is and where it's going...
sr. member
Activity: 308
Merit: 250
I have some feedback on the wesley client about the user-friendliness :


-The dashboard is too much bloated to be a landing page. There is too much information at once, and a new user would be lost. Assets, transactions, blocks, messages, alias, etc..... too much for a first look.
A better landing page is the "transactions" one.

-It's not clear how to receive funds. There is only an "ID: 2980315497189667873" displayed. But transactions and block have ID too. I think it should be changed to "Account address :2980315497189667873"
And even with that, I'm sure people will not always know they need to use that to receive funds. You need a bigger clear message on the transaction page that their account address is 2980315497189667873

-I think the "Send Nxt" , "send message" and "generate token" button should be on the left side of the header , with "settings" and "log out" still on the right.
They are not enough visible right now. Maybe give them a more distinctive colors too. That's the more important button after all.

-When you click on your account ID, it doesn't seems to copy it on the clipboard.

-I still think a wallet.dat system would be a lot more easy to use.


Are you using online version? When a new user logs in, a message is shown with their account ID clearly displayed at the top (green).

"Account address: ____" doesn't fit in the sidebar.

Settings / Logout will probably be changed to icons. Generate Token may be moved elsewhere too.

We may have a short tutorial included in the future, something like this:

http://clu3.github.io/bootstro.js/ or http://tracelytics.github.io/pageguide/ or http://usablica.github.io/intro.js/

Are you using http://nxtra.org/nxt-client/ ? It should copy to clipboard, unless you do not have flash installed.

Wallet.dat is for later.
sr. member
Activity: 952
Merit: 253
Quote
If there is ever a crisis and we need a lot more nodes, we just need to put a 1 NXT per nodecoin bid in AE (144,000 NXT per day!) and we will get new nodes like crazy. It gives us a way to very quickly add network resources. Also, in this event all the crazy nodecoin mooners will have their aurora dreams come true

James

Actually seeing it like this, it is a very smart and novel way to have the network adapt dynamically. Awesome! Hopefully it works out as planned in practice.

I have one problem with this - as the number of coins increases 'Node Coin Whales', basically as posted earlier and in a PM to james, I like the concept but a free floating currently can be gamed, and when we add 1NXT to get people to run more nodes, the whales will move in with their sell orders and we will end up being blackmailed....

If we can figure out how to avoid this so that when people 'earn node coins' they are not just subject to wild speculation I would be happier...

My view of trying to make them time limited per month to control volume/speculation issues was just one approach - I'm sure someone has a better idea to address this risk?
jr. member
Activity: 59
Merit: 10
Hey Guys.

www.nextcoin24.org is a german Nextcoin Page...
more pages and infos will be added soon.

it would be great, if u add www.nextcoin24.org to your pages!

have a nice day...

to the moon!
legendary
Activity: 1120
Merit: 1000
I would like to hear more thoughts from everyone about the "State of the (NXT) Union"

It helps form a better overall picture.

(personally I fear that NXT would never reach the outside world and will always stay in the closed circle of this community, but I'm a tech newb so it doesn't count for anything)

I would really like to hear reasoning from those that believe that NXT will indeed be:

a.) the first choice for decentralized exchange and an asset exchange (ahead of other crypto solutions)

and

b.) will be so widely used among people as something we commonly use on the internet today

I would really like to hear thoughts from people that really believe this and that really see the path to this state.

(what I'm missing here lately is a clear direction and some greater confidence, because lately when comparing NXT to other crypto solutions you can feel at least a lack of purpose)

Be honest (even those that want to believe) as to where NXT is and where it's going...
full member
Activity: 196
Merit: 100

NXT is starting to become something that I AM NOT WILLING to have so much investment in.

NXT coin was my original investment, not a fucking exchange,

Don't tell me I don't get it, I perfectly understand what's going on.

This was supposed to be Cryptocoin 2.0 "DESCENDANT OF BITCOIN"

For crying fucksakes, even your thread title says it.

Are you all half-retarded? The coin concept will attract the mainstream into NXT, not a fucking asset exchange.

The asset exchange was supposed to be a feature of NXT, not NXT itself.  Now all of you want to turn it into another of thousands of exhanges already available.


you clearly dont get it. there are no "thousands of exchanges" only 1 (counterparty). 1 more is coming (msc) and than NXT.

but as afar as being a coin. i also am trying to get clarity on this. I would have wanted to see it as the fuel to any asset on the exchange with an ongoing need for it and thus demand.  

This is CRITICAL.  Mainstream adaptation (ie VOLUME) will come from use of NXT as a COIN.  As in Joe Sixpack saying "what can I buy with this".  We have so many smart people dealing with so many smart things what we are TOTALLY NEGLECTING the foundation we MUST have.  

Who is working on going around to EVERY SINGLE current Bitcoin vendors and asking / convincing them to take NXT too, and put NXT alongside Bitcoin in their declaration of accepting cryptocurrency?  I want to do this, and intend to start doing this as soon as I get a few other NXT guerilla marketing  covert ops I'm working on out of the way...but there should be a GROUP EFFORT on this area going NOW.

sr. member
Activity: 308
Merit: 250
There's nothing wrong with the nodecoin name. I'm just wondering how it works. As far as I know it's not possible to know if a node is forging, so how is this determined? Is this easily gameable?
legendary
Activity: 1806
Merit: 1038
can someone explain that technically it depends 1440 bloc per day ie one bloc per minute?
- http://en.wikipedia.org/wiki/CAP_theorem
sr. member
Activity: 392
Merit: 250
I have some feedback on the wesley client about the user-friendliness :


-The dashboard is too much bloated to be a landing page. There is too much information at once, and a new user would be lost. Assets, transactions, blocks, messages, alias, etc..... too much for a first look.
A better landing page is the "transactions" one.

-It's not clear how to receive funds. There is only an "ID: 2980315497189667873" displayed. But transactions and block have ID too. I think it should be changed to "Account address :2980315497189667873"
And even with that, I'm sure people will not always know they need to use that to receive funds. You need a bigger clear message on the transaction page that their account address is 2980315497189667873

-I think the "Send Nxt" , "send message" and "generate token" button should be on the left side of the header , with "settings" and "log out" still on the right.
They are not enough visible right now. Maybe give them a more distinctive colors too. That's the more important button after all.

-When you click on your account ID, it doesn't seems to copy it on the clipboard.

-I still think a wallet.dat system would be a lot more easy to use.
hero member
Activity: 655
Merit: 500
We need to stop calling our daughtercoin "nodecoin" TODAY and call it something COOL.  Coolcoin.  Unicorncoin.  Rainbowcoin.  GoldNuggets.  Charitycoin.  Greencoin.  GermanShepardCoin.  CollieCoin.  IceCreamBar.  RainForestCoin.  SOMETHING.  COOL.  NOT.  TECHNO.

Think POPULARITY and COMMUNITY.  

RickyJamesCoin

The PunisherCoin



HurtCoin
legendary
Activity: 1092
Merit: 1010
We need to stop calling our daughtercoin "nodecoin" TODAY and call it something COOL.  Coolcoin.  Unicorncoin.  Rainbowcoin.  GoldNuggets.  Charitycoin.  Greencoin.  GermanShepardCoin.  CollieCoin.  IceCreamBar.  RainForestCoin.  SOMETHING.  COOL.  NOT.  TECHNO.

Think POPULARITY and COMMUNITY.  

RickyJamesCoin

The PunisherCoin

full member
Activity: 126
Merit: 100
We need to stop calling our daughtercoin "nodecoin" TODAY and call it something COOL.  Coolcoin.  Unicorncoin.  Rainbowcoin.  GoldNuggets.  Charitycoin.  Greencoin.  GermanShepardCoin.  CollieCoin.  IceCreamBar.  RainForestCoin.  SOMETHING.  COOL.  NOT.  TECHNO.

Think POPULARITY and COMMUNITY.  

RickyJamesCoin
legendary
Activity: 1498
Merit: 1000
We shouldn't be looking at Nodecoins as a buy and sell commodity.  We should be looking at Nodecoins as a Nxt Utility coin.  For example.  If you want to use the DAC, you have to send 10 Nodecoins to retrieve Doge address, then you can transfer Doge to DAC.  If you want to use NxtCash for Mixing you have to send 10 Nodecoins to retrieve NxtCash address, then send Nxt for mixing....and so on.  We have some really great features that will be built on top of Nxt and we should charge users Nodecoins to use those features.   That will give them value.

But then you're basically inflating the currency and usurping value from Nxt as it should be the unit used for these purposes, no? These are roles that Nxt would take; doing so with nodecoin reduces Nxt's functions and in turn it's demand/value as opposed to nodecoin adding value on top of the system.
I am not sure if there is any usurping going on. Using this logic, if we started trading BTC using NXT AE, then somehow this hurts NXT? I dont think that is what would happen. I think the value of NXT would be proportional to the sum of the values of all of the NXT AE assets plus the current value. So if nodecoins become worth something, then NXT becomes incrementally more valuable.

Also, you are not taking into account the fact that without NXT, there is no nodecoin. This also seems to be what BCNext wanted from what I can remember.

If people deposit $1 billion USD into NXT and we have that much USD assets floating around inside AE, would that suck all the value out of NXT?

If nodecoins became worth $1 USD each, would that suck all the value out of NXT?

James

Simple: just invest in the coins built ontop. This is a way of injecting fairness into the community. The community decides if they want to keep NXT or a nodecoin as their primary focus.
This nodecoin would obviously be possible for everyone to get in on eary.
This community doesn't award people for their work, there is no mining, forging wont give you shit, so this is a way for fairness to come into the picture.
There are far bette ways to invest in the community - see my 1M nxt donation for zerocoin implementation and the funding of ATs.

Not true.
full member
Activity: 196
Merit: 100
I agree with LemonAndFries and Uniqueorn in one thing at least: How many people is actively working on and developing NXT right now? Apart from CFB, Jean-Luc, James....? Where is the proof of "such a huge and nice community"?

It's worse than you think...CfB is leaving the building in a few weeks the first week of April, and James isn't working on the Java core of NXT, only Jean Luc is.  I have PMed them about using Freelancer.com to bring on some paid fresh new Java talent but I have heard no response.  Getting fresh new Java programming blood in here is critical.  
legendary
Activity: 1092
Merit: 1010
I agree, there are different points of view, but it seems to me that there are many, many ideas thrown around in this community and finishing of the stuff is going slowly. This is why CIYAM left the thread, man just doesn't have time for endless discussions and CFB lately made couple of times comments how there is no that much time for discussions that he needs to speed up implementation. Don't get me wrong, ideas are essential but we need balance between ideas and work/ finishing, releasing things.

I couldn't agree more.
But I think this has to do with the fact that we discuss *every single detail* here in this thread.
We don't need to, we don't have to.

Consensus on that level is harmful, not beneficial *at all*.

I have no idea where this idea that consensus is needed even for the layout of an application is needed for.
That kind of consensus is reached by the market. You take some opinions, or even use your own judgement, implement and then see what the market/user does.

Sometimes right is right. If I *know* I need to post something on my blog (because I actually have the experience) I don't go ask here in the thread if it's OK. Chances are almost 100% that some people would disagree. Chances are also good that some of those people have never written a post in their life, so they are not even qualified to comment with any degree of accuracy. If I then would start to doubt myself, I'd get nothing done.

This doesn't mean that experts need to take over, but it does mean that experts should do what they do best: make the calls about the topics where they are best to do so.

legendary
Activity: 1498
Merit: 1000
We shouldn't be looking at Nodecoins as a buy and sell commodity.  We should be looking at Nodecoins as a Nxt Utility coin.  For example.  If you want to use the DAC, you have to send 10 Nodecoins to retrieve Doge address, then you can transfer Doge to DAC.  If you want to use NxtCash for Mixing you have to send 10 Nodecoins to retrieve NxtCash address, then send Nxt for mixing....and so on.  We have some really great features that will be built on top of Nxt and we should charge users Nodecoins to use those features.   That will give them value.

But then you're basically inflating the currency and usurping value from Nxt as it should be the unit used for these purposes, no? These are roles that Nxt would take; doing so with nodecoin reduces Nxt's functions and in turn it's demand/value as opposed to nodecoin adding value on top of the system.
I am not sure if there is any usurping going on. Using this logic, if we started trading BTC using NXT AE, then somehow this hurts NXT? I dont think that is what would happen. I think the value of NXT would be proportional to the sum of the values of all of the NXT AE assets plus the current value. So if nodecoins become worth something, then NXT becomes incrementally more valuable.

Also, you are not taking into account the fact that without NXT, there is no nodecoin. This also seems to be what BCNext wanted from what I can remember.

If people deposit $1 billion USD into NXT and we have that much USD assets floating around inside AE, would that suck all the value out of NXT?

If nodecoins became worth $1 USD each, would that suck all the value out of NXT?

James
BTC are not dirty cheap or easily mined...
full member
Activity: 168
Merit: 100
can someone explain that technically it depends 1440 bloc per day ie one bloc per minute?

why not one bloc per 10 seconds for example?

What it depends?
hero member
Activity: 655
Merit: 500

Definitely not good for NXT if it becomes popular.
What people don't realize in this community is that popularity & community is the alpha and omega of success.
People actually think that if NXT (which is 100% open source) is good enough "technically" then the rest doesn't matter.

There is no changes in hoarding, no changes in incentives, community is shrinking, price is falling etc. and nothing happens.
These big hoarders have a collective IQ in double digits.

We need to stop calling our daughtercoin "nodecoin" TODAY and call it something COOL.  Coolcoin.  Unicorncoin.  Rainbowcoin.  GoldNuggets.  Charitycoin.  Greencoin.  GermanShepardCoin.  CollieCoin.  IceCreamBar.  RainForestCoin.  SOMETHING.  COOL.  NOT.  TECHNO.

Think POPULARITY and COMMUNITY.  

nudecoin
dough
moneybox
partycoin
dub-loons
full member
Activity: 210
Merit: 100
On Nodecoin/NXTcoin:

1) Who will buy them? It seems to me that it will follow the mine & dump path, so:
2) It will devalue NXT

PS: Ricky do you have skype? If yes PM me your ID please...

We shouldn't be looking at Nodecoins as a buy and sell commodity.  We should be looking at Nodecoins as a Nxt Utility coin.  For example.  If you want to use the DAC, you have to send 10 Nodecoins to retrieve Doge address, then you can transfer Doge to DAC.  If you want to use NxtCash for Mixing you have to send 10 Nodecoins to retrieve NxtCash address, then send Nxt for mixing....and so on.  We have some really great features that will be built on top of Nxt and we should charge users Nodecoins to use those features.   That will give them value.
Why not use NXTs?
+1

this is exactly what I mean in my posts/questions: create inherent economic uses for the currency aspect, i.e. drive the value of the nxt currency and therfore the entire ecosystem by making it a mandatory coin driving the 2.0 decentralized network.  
legendary
Activity: 1498
Merit: 1000
On Nodecoin/NXTcoin:

1) Who will buy them? It seems to me that it will follow the mine & dump path, so:
2) It will devalue NXT

PS: Ricky do you have skype? If yes PM me your ID please...

We shouldn't be looking at Nodecoins as a buy and sell commodity.  We should be looking at Nodecoins as a Nxt Utility coin.  For example.  If you want to use the DAC, you have to send 10 Nodecoins to retrieve Doge address, then you can transfer Doge to DAC.  If you want to use NxtCash for Mixing you have to send 10 Nodecoins to retrieve NxtCash address, then send Nxt for mixing....and so on.  We have some really great features that will be built on top of Nxt and we should charge users Nodecoins to use those features.   That will give them value.
Why not use NXTs?
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