These big hoarders have a collective IQ in double digits.
Quite an optimistic assessment.
Topic: NXT :: descendant of Bitcoin - Updated Information - page 378. (Read 2761644 times)
Quite an optimistic assessment.
Does anybody know (or have experience with) https://moolah.io/
I see they are selling prototype multi-currency ATMs with BTC, LTC, DOGE for around $600. Raspberry Pi based.
https://moolah.io/atm
This could make an interesting NXT project with it both running on NXT and selling it. Worth looking into?
another descendant of Nxt
https://bitcointalksearch.org/topic/ann-nxj-descendant-of-nxt-for-the-awesome-512177
https://bitcointalksearch.org/topic/ann-nxj-descendant-of-nxt-for-the-awesome-512177
Is it good or bad for Nxt?
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.
There are already ~15 copies of NXT. Thanks to project KLONE =)
Only NXTL and NEX got some real attention.
You'd have to ask the user I guess.
Is there some kind of a console in ur client?
Thanks.
Found it.
Is it possible to build dedicated PoW coins on Nxt to solve problems like this one (not necessarily this one)?
Assume there is a bounty for solving the problem, then when the problem gets solved, the coin dies naturally and the bounty can be divided just by buying all the coins using it.
I think this would totally change how the researches that need massive computing resource are done, or every one is aware of such an idea?
James
There should be a tutorial for this in the future to educate researchers how to embed their code for solving the problem into the coin. I think this will open another door for Nxt.
I already have the domains NXTcoins.co and NXTcoins.biz, just need to finish all the coding and write some content, etc.
If people are aghast at the number of altcoins, I think when it becomes as easy to make a new coin as making a web site, we should get as many coins as websites.
All of this built on NXT. It fits BCNext's model where NXT is the underlying infrastructure and people build on top of NXT. An altcoin is just an accepted industry paradigm that helps people understand and transition quickly. It becomes a coin, a virtual company, instant IPO and a built in exchange all in one.
The idea is out (ltbcoin) we might as well help people make as many of these "websites" (NXTcoins) as we can. What if each website community had their own currency?
James
another descendant of Nxt
https://bitcointalksearch.org/topic/ann-nxj-descendant-of-nxt-for-the-awesome-512177
https://bitcointalksearch.org/topic/ann-nxj-descendant-of-nxt-for-the-awesome-512177
Is it good or bad for Nxt?
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.
It was more a theoretical question...
I was surfing through the altcoins earlier and read about some interesting development and innovations here and there. And then I was thinking what the crypto-community would be able to achieve if we (or at least the developer and innovators) would unite our power, knowledge and resources and would work on one crypto... It would be awesome with functions and capabilities way beyond our imagination.
But people are greedy. Some want more money, other more power so the above scenario will never happen. Unfortunatelly.
another descendant of Nxt
https://bitcointalksearch.org/topic/ann-nxj-descendant-of-nxt-for-the-awesome-512177
https://bitcointalksearch.org/topic/ann-nxj-descendant-of-nxt-for-the-awesome-512177
Is it good or bad for Nxt?
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.
Nxt :: Asset Exchange Test
I have set up a test management tool using Test Pad for the Asset Exchange Testing.
Please check out the thread I´ve created for this purpose.
https://bitcointalksearch.org/topic/nxt-asset-exchange-test-507444
I will report all recorded bugs to Jean-Luc.
If you feel it´s usefull what I am doing, I´d be happy to accept some Nxt.
17081684614434671224
I have set up a test management tool using Test Pad for the Asset Exchange Testing.
Please check out the thread I´ve created for this purpose.
https://bitcointalksearch.org/topic/nxt-asset-exchange-test-507444
I will report all recorded bugs to Jean-Luc.
If you feel it´s usefull what I am doing, I´d be happy to accept some Nxt.
17081684614434671224
Hi All!
There is not much activity on TestPad, although Jean-Luc is also following the tests made on there. Please get active and join the tests to get more structure in testing out all possible cases of the AE.
What do you guys think of this:
http://nxtra.org/nxt-client/#message:wesleynxt
http://nxtra.org/nxt-client/#send:wesleynxt
http://nxtra.org/nxt-client/#message:wesleynxt
http://nxtra.org/nxt-client/#send:wesleynxt
another descendant of Nxt
https://bitcointalksearch.org/topic/ann-nxj-descendant-of-nxt-for-the-awesome-512177
https://bitcointalksearch.org/topic/ann-nxj-descendant-of-nxt-for-the-awesome-512177
Is it good or bad for Nxt?
All the benefits it posts have already or are close to being implemented in Nxt. (except bitcoin like address).
Is it possible to build dedicated PoW coins on Nxt to solve problems like this one (not necessarily this one)?
Assume there is a bounty for solving the problem, then when the problem gets solved, the coin dies naturally and the bounty can be divided just by buying all the coins using it.
I think this would totally change how the researches that need massive computing resource are done, or every one is aware of such an idea?
James
There should be a tutorial for this in the future to educate researchers how to embed their code for solving the problem into the coin. I think this will open another door for Nxt.
I already proposed this a few days ago. Infact I have already started taking steps towards it.
Grid-computing (Ripple and Gridcoin) is already doing it. There are manual tasks too, that could be rewarded 10x normal amounts of coins,
Assume there is a bounty for solving the problem, then when the problem gets solved, the coin dies naturally and the bounty can be divided just by buying all the coins using it.
I think this would totally change how the researches that need massive computing resource are done, or every one is aware of such an idea?
Doesn't make sense.
Why would the coin have any value if it can be killed by a solvable "weakness"?
The assumption is that upon completion, the bounty is distributed out as a dividend. Dividending is a function I will be supporting for NXTcoins.
Now, there is no reason for the coin to die, it could just go dormant waiting for the next problem to solve
This is actually related to my upcoming business coin, but I was going to have a background task that will always allow people to mine coins, the time of paying clients just boosts the value with dividends
James
Sell, and seems he has 590 nodecoins: http://localhost:6876/nxt?requestType=getAccount&account=16941742721574909475
Is it possible to get the request?
You'd have to ask the user I guess.
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.
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.
another descendant of Nxt
https://bitcointalksearch.org/topic/ann-nxj-descendant-of-nxt-for-the-awesome-512177
https://bitcointalksearch.org/topic/ann-nxj-descendant-of-nxt-for-the-awesome-512177
Is it good or bad for Nxt?
Is it possible to build dedicated PoW coins on Nxt to solve problems like this one (not necessarily this one)?
Assume there is a bounty for solving the problem, then when the problem gets solved, the coin dies naturally and the bounty can be divided just by buying all the coins using it.
I think this would totally change how the researches that need massive computing resource are done, or every one is aware of such an idea?
James
There should be a tutorial for this in the future to educate researchers how to embed their code for solving the problem into the coin. I think this will open another door for Nxt.
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.
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
Sell, and seems he has 590 nodecoins: http://localhost:6876/nxt?requestType=getAccount&account=16941742721574909475
Is it possible to get the request?
I fully understand you, but I also believe that knowledge should be rewarded. People are not working for free, at least not the successful ones.
I am still not 100% sure if I should give away this knowledge for free or wait for some BUG-Bounty program to come up?
I am still not 100% sure if I should give away this knowledge for free or wait for some BUG-Bounty program to come up?
Asking for something that hasn't been seen and getting paid for it only works if you have a large trust rating.
No one in their right minds in any business would ever give money up front without either some form of surety or a sample of the goods.
The fact that you have apparently been in business with people who actually take things on complete trust says nothing about how business should be conducted, but only something about the fact that your previous business partners are apparently risk takers who will at some point will get severely burned.
There is a place for risk in business, but some form of collateral is standard practice.
In short: I have no idea why you get snippy at the fact that people would demand to see proof. The trust issue in this case is reversed: this community already has proven to reward and appreciate people uncovering weaknesses.
Edit: yes, I need to catch up with reading the thread.
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