Topic: NXT :: descendant of Bitcoin - Updated Information - page 528. (Read 2761624 times)

Before people shout "Nxt will never come to 1000 transactions per second in the next months/years", don't forget that Nxt is more than a currency. What people will do with it... we don't know yet.

So the node that has the account that received forging power process more TX? Hmm... I hadn't though about this! This means that whoever is receiving forging power will spend more money with hardware that can handle all the TX. How do we know if this will ROI?

For the stakeholders pooliing their NXT: The API for forging rights should have this hardcoded. No account can have more than, say 10% of total forging power associated to it.

Not everyone can process 1000 tps.

FIFY

sorry  , because in my humble opinion all the explanation resolves this

http://bitcoinmagazine.com/10829/impossible-trinity-security-environment-protection-decentralization/

.....

Here I propose a ternary paradox, that the natures of decentralization, security and environment protection constitute an impossible trinity. (Graph 2) A crypto-currency which is both environmentally-friendly and secured would definitely need to be centralized, like PPcoin, Nextcoin and Ripple. These coins either contain aspects of centralized structure, or their decentralized structure is not sustainable, with a Paypal-like centralized verification mechanism. A crypto-currency which is both environmentally-friendly and decentralized would be unsecured, like P2P currencies of ‘one-IP-address-one-vote,’ which are already excluded by Satoshi. He believed that if the majority were based on ‘one-IP-address-one-vote,’ it could be subverted by anyone able to allocate many IPs.5 If one designs a secured decentralized currency, it must come with the cost of consuming energy and calculation power. PoW is the first solution to construct a verification system in the form of decentralization, and will probably be the only one.


with share fee pools this not occurs.

Extremely decentralized network (in the exemple 30.000 Nodes but in reality will be many more) and therefore very secure network
Small accounts motivated to participate in forging (In the exemple 100 Nxt account is forging every day not every 10 year)
rich and poor have the same chance to forge because everybody forge everyday!!!!

Don't forget to vote on what should btc38 add

Or maybe I misunderstood him. Anyway, the old ui must go, and we already have a new one

We need Win & Mac.

Yes.

It seems I didn't understand chuckone. I thought he wanted to keep the old one...

Yes. Please check it out:

https://nextcoin.org/index.php/topic,1902.0.html

Seems like I understand idea of PF wrong...

optical and wesleyh told earlier that they would be able to help.
They can contact us on IRC too.

Is this only Win?

Why do you always overwhelm the community with so much text?

And why do you post my text

Alright. We shouldn't let this be the second Mintpal disaster.

I think we will win this vote, so we have to prepare ourselves.

BTC38 is very important.

Why is the webui of wesleyh a bad idea?
That could be the interface for the stanradr user.
And for the other users there are other very cool clients that support messaging, AE and everything else one can need.

Remember those videos where a woman is choosing a man out of a bunch and kicking one after another by yelling "next!" (i'm pretty sure YouTube should have some). And then she finds the right one.

Well video making wizards, what if you made an ad for NXT of this nature? A spinoff where someone is choosing between crypto's and the chooser (woman or man) keeps yeeling "next" and nothing is good enough, while all along all this person wanted was NXT.


NXT (next) is such a great versatile word it would be a shame not to use it more in advertising.

It looks very sexy and is very easy. It installt everythinbg for you and opens up the webui. Very cool stuff. And it is only 0.5Mbyte.