Topic: NXT :: descendant of Bitcoin - Updated Information - page 508. (Read 2761624 times)

At first the best date for a launch seemed to be in the beginning of April, coinciding with the release of BCNext's plan and the AT CIYAM is developing, but given the fact that Mastercoin launches it's AE very soon, I think we should move the date forward.

Only a small percentage of bitcoin users mine and that appears to work for Bitcoin. My question, which no one has answered yet when I ask it, is whether NXT will survive if the same percentage of users forge as do bitcoiners mine or does POS require more than that?  Has any analysis been done on what percentage of NXTers will be needing to forge for the system to be secure? If someone tells me that a similar ratio to bicoin miners is needed to forge I will shut up about this.

This is weird. One one hand people complain about "fees" being too high, on the other hand they want to make money by "forging" These are contradictory statements.

FINAL SHARE ALLOCATION LIST

pandaisftw  
abctc
I8orre
Jef-Diesel
butterclown
eXtatiC
Shin
swartzfeger
LemonAndFries
Allwelder
Opticarrier
kodtycoon
smaragda
eB101
Damelon
KyLins
rushi
shenjie
voldemort628
redsn0w
stoneone
bezbezbez
xcn
sashsh
Igmaca
Chanc3r
Vega
Rickyjames


NOTE:
1) If you are in the above list please PM me your account number where you want the shares transferred to.

2) When I receive your PM I will reply with your confirmed shares.

3) If I do NOT receive a PM from you before Friday, March 14th, then your share allocation will be forfeited to the next waiting person on the list.

3) PLEASE DO NOT QUOTE THIS POST & MENTION YOUR ACCOUNT NO. IN THIS THREAD AS IT WILL NOT COUNT.  IF THIS IS DONE TWICE I WILL REMOVE YOU FROM THE LIST.

SO PLEASE ONLY PM me....thanks.




Best regards,
Landomata
Secretary
Nxt Mobile Applications Company

P.S:
3rd Tier: 25 million shares

This allocation will be totally sold on the Nxt Asset Exchange.  The shares will be sold on AE launch day.

Nobody seems interested to step up and launch.

I proposed the 13th march, and asked if not some one should step up and take ownership for the launch of AE.

no reactions.

Exactly

Well I've been at it over 1 month with 10k NXT and haven't seen a single block. Supposedly I'll get 100 Nxt sometime in the next 11 months but in the meantime it sure seems like a waste of time and the longer I wait the less I believe it. It's not about the Nxt for me, I've given away far more than that, but it makes me concerned for the system as a whole as I don't think many people will bother with forging if this is how it is.

Suit yourself.  Everyone receives the same ROI from forging.  Imo, you'd be better off purchasing more NXT and forging than buying an ASIC/GPU and mining PoW.

... and you receive cents for running NXT nodes which is not really that far from nothing.

We all knew BCNext's plan was to leave and we all knew that Come-from-Beyond was only on contract until April.  NXT's asset exchange is different than Ripple's gateway system.  Ripple's gateways require that you "trust" a single operator.  The gateways James is working on are multi-sig.  I agree the tx fees are too high.  In Ripple, there are no forging rewards.  You receive nothing for running a rippled server.

I've got about 120k NXT in total atm and I do not bother to forge either. Unfortunately it is not worth it (in terms of money), in my humble opinion.

I'm not complaining -- I just believe the forging model as it is not to be an incentive at all.

IMP,burn Nxt to make new coins may be much better,like XCP.

Anyone who is forging is helping to secure the network. As a "small fry" holding 10k NXT for over a month all the while being told I'm 20 days 1 hour 14 minutes 29 seconds away from generating a block I am having my doubts that many people like me will bother to forge. I really hope this nodecoin thing works out as a way to get normal people forging.

Slow? Maybe. Low? No, everyone gets the same percentage. Anyways, you can't have high forging rewards and low fees.

thank you very much Mistafreeze looking forward to it!

Totally agree. I was very excited when I found Nxt, put all my BTC in it. I still hope that things are going into the right direction, but the way things are handled in the last few weeks is anything but transparent and fair. We´ve lost a lot of potential investors and developers due to the closed group of core deveopers (from which only Jean-Luc is still active) and blind promises. We made a few people rich (also BCNext), but can´t really see where all this is heading...

Anyone likes my idea a Electrum-like passphrase generator to be included in Nxt clients? Today there are two new stories of newbies who had their Nxt stolen because they used a weak password

https://nextcoin.org/index.php/topic,4316.0.html

If the playoffs ended today and only one system could win, I really would have to go with Ripple. The consensus ledger seems to work pretty well, transactions arrive at the speed of email, it's easy to use for regular people and it has the closest thing to a working decentralized exchange going. It may not be 100% decentralized as far as the server side goes, but at the end of the day are regular people (merchants & consumers) really going to care about that? Most people aren't Libertarian. They just want shit to work and be easy to use.

I'm rooting for NXT I really am, but the inventor has rode off into the sunset without saying goodbye & Tonto is leaving soon & while he's here talks in hints & riddles and vague promises of a 3rd plan, transparent forging/1000 TPS is starting to look like it was a pipe dream all along, The Asset Exchange is cool but sounds awfully similar to what Ripple already has, the transaction fees are still too damn high, forging rewards are way to low & come too slow for all but the richest Nxters. Newbs are confused and meanwhile six or seven serious competitors who don't communicate via a mutli-thousand page thread are getting ready to launch similar systems of their own.

I'm really hoping this thing gets pulled together but I am not so sure as i once was. Still HODLING but also HEGDING.

@2Kool4Skewl: could you please check your PM?