Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 604. (Read 2761626 times)

legendary
Activity: 1176
Merit: 1134
@james
(and others)

Speaking of Iceland...

I’m considering the marketing effect if we tested a NxtCoin as national currency in Christiania, Copenhagen. It’s a self-proclaimed autonomous neighbourhood of about 850 residents. But Christiania is visited by 500.000 tourists every year.

The media attention that Christiania gets, will benefit us. And vice versa. And in quite a few ways we share common grounds. It's like the old meets the new.

Christiania is a social experiment in it's origin. Talking decision making, it's a live version of our Nxt community. Chrisitanists make consensus-based decisions in matters that concern their whole community. OMG, it's long haired, and I admire it, the strength of discussing until consensus is reached. In difficult matters, this could be the next morning, or half a year. Undecided But they always get there.

Customers in Christiania choose whether they want their change in Danish Kroner or LØN (the Christianian currency since 1997). Christiania has it's own coin! - but they might be interested in going digital. Christiania has strong feelings about the environment, and with Nxt “making Greenpeace happy” and all, it would be a perfect fit.

Christiania "consensus"-meetings are closed for outsiders, but I am pretty sure that I can get in + bring another from the Nxt community with me, using my contacts. Even if the whole of Christiania does not agree on making a unique LØN NxtCoin their local currency, the shops in Christiania could easily begin accepting Nxt.

Imagine the media attention, if a society like Christiania agreed on making Nxt - or a coin made on top of Nxt - their "national currency". If "INTERESTED", let me know.

/apenzl
I think we should make a coin for every country! Maybe state, region, city, organization, etc. The more NXTcoins, the better. With AE, it is really just a little bit of tech and more about finding the market. Any cohesive group you can find can certainly get their own coin. The more coins we have, the more things get valued in NXT.

James
sr. member
Activity: 644
Merit: 250
I'm considering locking this thread on page 2100.  What are everyones' thoughts?

I don't want to interrupt communication, but I think we would make more progress if we were better organized.

Poll - https://forums.nxtcrypto.org/viewtopic.php?f=2&t=839
sr. member
Activity: 644
Merit: 250
I'm trying to simulate TF using Ian's program if we limit all accounts to a 1% forge balance.  Using 100 accounts holding 1% of the currency over a ten year period, I'm getting a combined best streak of ~23.  This is combining the first 50 accounts.  (These are the accounts assumed to be under the same control.)

very cool.  I cant do this type of stuff - too busy with other things.  I have a question of this scenario though; is it adding even more risk by prohibiting full balances from forging?  If we prohibit lots of NXT from forging, then does the possibility of someone obtaining 90% of forging power (though forcing to use multiple accounts to do so) actually increase?

Good point.  By limiting forging power to 1% per account, I think we are opening ourselves up to a greater threat.  Any thoughts?

Come-from-Beyond said that the TF algo wasn't going to undergo any more changes, but BCNext mentioned that later TF was going to penalize accounts?  Come-from-Beyond, can you please clarify this?
hero member
Activity: 600
Merit: 500
Nxt-kit developer
sr. member
Activity: 247
Merit: 250
TestNXT please

18124369775920592423
full member
Activity: 196
Merit: 100
NXT FUNDING COMMITTEE VOTE IS NOW UNDERWAY UNTIL 12:15 AM MARCH 8 (UTC)


Does that mean that votes are limited to nominees and candidates by default ? just wondering.

Everybody gets to vote.  I have edited my original post to clarify.

I had hoped to have this better organized at this point, but I've had a bad week.  Sorry.

Hey, guys, if you would, please edit your quote of my vote post so only the corrected original one shows up in the thread here.  Thx.

Thanks rickyjames for putting in the work. I think your reputation is impeccable but imho there may be an issue with voting setup this way as you are the only one who know who votes and by exclusion who does not vote. This may turn out well because people trust you but let's consider this case. If in a certain committee, the fifth voted candidate is only one or two votes above the sixth voted candidate, then sixth candidate should have the right to question you about what criterion you use to decide if an user who asked you for voting can get the right to vote (password+username in this case). It could get even worse if the sixth voted candidate is someone supposed to get in by the public while fifth voted candidate is not.  
"Everybody gets to vote" is probably not a well-thought proposition because that means you are giving the votes to new users, as well as Emule if he wants so. So I guess you will use some kind of criterion which imo should be well-defined ASAP.

To be honest, I prefer the open voting style with some activity criterion used back then when we voted for NXT logo. Since the way it is set up now will leave quite a few question marks on the shoulder of the voting organizer. It could work given Rickyhames impeccable reputation but I would rather avoid this type of precedent.

Well, I do have criteria in my mind which should be stated up front.  I do not intend to send a code to anybody who established an account after we started this election process a week ago, and if I don't recognize a familiar name, I intend to check.  

As for Emule....why should he not vote?  He is a PITA.  So what?

Lurkers - they should get to vote too, I think.  Lurking is not a crime.

Hopefully this will all turn out OK, with the community overwhelming any outliers as they should.  We'll see.  

I agree the possibility exists that some kind of sticky situation coming up at the end.  It is my intention to publish at the end everybody's name who voted and their assigned ID/password.   I am the first filter as an caring individual to make sure that there is no manipulation.  I want to give out as much info at the end so the group as a whole can make that determination too as a second filter.

As far as your worst case scenario, that a sixth person overwhelms a fifth that "should" have won - I don't really see how that can happen or how anybody would know it had happened.  What I worry about is a runoff to break a tie.

All I can say is let's go forward and see what DOES happen.  I've got some codes to mail out....





hero member
Activity: 854
Merit: 1001
Just caught up with the thread, with a couple of short interruptions to pick my G/F up from the airport and for my No.1 PC to explode.

I <expletive deleted> hate <expletive deleted> computers.

I like the auroracoin/krona idea, though. Auroracoin would be easy enough, but how hard/legally tricky is it to set up the krona end of the equation?
Set up some semi-random BTC/scryptcoin pairs in any case, may i suggest we just use the top 5 cryptos from a mining profitability calculator ? Like:
http://cointweak.com/calculator/index/scrypt
Miiners love that shit, and will be very happy to get into bed with NXT if they can shift profitable coin that often has a limited number of exchanges available. Maybe we can then persuade them to host some nodes.....

Going to be rebuilding stupid PCs after I get out of bed. Sleep tight, Europe.

EDIT: +100 to the above.
sr. member
Activity: 288
Merit: 250
Plan for automated multisig gateway


Some of you have expressed concerns about NXT clones. The automated gateway builds on top of NXT, so we can get a significant advantage by keeping it proprietary for a little while. Say, three months before open sourcing.

It is of strategic importance for NXT to have gateways to all the popular cryptos out there. I will also be adding NXTcash support to the gateway and we dont have to wait for external releases. As soon as it tests out, we can go live.

There have been some suggestions that I make a business out of the gateways, but I see much more value being created by making it the NXT community's gateway. To that end, I will be authorizing NXTcommunityfunds to ensure that we can all benefit from a non-profit gateway for all the popular cryptos into NXT AE.

I need three independent and trustworthy server operators to install and run the gateway. You will have to promise not to release source code until approved to do so. The biggest task will probably be installing a couple dozen bitcoind forks.

I need web html person to make web interface for gateway. There is no need for people to have to compile a program just to get deposit address or change withdrawal address. Everyone is used to doing that from webpage. It does have to do local signing as we have to send AM to make gateway requests.

I also need somebody to write code for the equivalent of blockchain explorer, basically gateway transaction explorer. Correlating transactions, tracking balances, etc. [I could do this, but it is better if there are more people familiar with what the gateway is doing with AM]

I also would like to have somebody refactor the code. It is ~2500 lines of C code that uses no libraries other than curl. Everything else is custom code, it was just faster for me to write it from scratch than mess around with unfamiliar libraries.  I am sure my code can be improved.

Probably the most important, I need to hire Evil Bob. At least somebody who will do all sorts of Evil Bobness to the gateway.

After we are done with this project, NXT AE will have direct links to dozens of crypto wallets. All these cryptos will trade against NXT, making NXT the standard that the other coins are valued. We need to make sure the gateway code is secure before putting it into production. I will be setting aside 100000 NXT for a NDIC (nxt deposit insurance) fund, 10000 NXT per person and 100K max, for any gateway caused losses.

Please help us put some distance between us and the clones! Volunteers are most welcomed, but if you need some NXT to motivate you to participate, PM me and I will see what I can work out.

James


Quoted for Priority
legendary
Activity: 1512
Merit: 1004
We could help Bitventurer develop Nxt.org

He could at least forward to nxtcrypto.org or mynxt.org  Roll Eyes as long as there is nothing to see.
Yes,he should.
I have list it on nxt123.info,but click it ,nothing .
legendary
Activity: 1512
Merit: 1004
Community, what do you want me to add to mynxt.org - resources?
Add some charts will be much better,IMO.
I have list mynxt on www.nxt123.info
sr. member
Activity: 602
Merit: 268
Internet of Value
NXT FUNDING COMMITTEE VOTE IS NOW UNDERWAY UNTIL 12:15 AM MARCH 8 (UTC)


Does that mean that votes are limited to nominees and candidates by default ? just wondering.

Everybody gets to vote.  I have edited my original post to clarify.

I had hoped to have this better organized at this point, but I've had a bad week.  Sorry.

Hey, guys, if you would, please edit your quote of my vote post so only the corrected original one shows up in the thread here.  Thx.

Thanks rickyjames for putting in the work. I think your reputation is impeccable but imho there may be an issue with voting setup this way as you are the only one who know who votes and by exclusion who does not vote. This may turn out well because people trust you but let's consider this case. If in a certain committee, the fifth voted candidate is only one or two votes above the sixth voted candidate, then sixth candidate should have the right to question you about what criterion you use to decide if an user who asked you for voting can get the right to vote (password+username in this case). It could get even worse if the sixth voted candidate is someone supposed to get in by the public while fifth voted candidate is not.  
"Everybody gets to vote" is probably not a well-thought proposition because that means you are giving the votes to new users, as well as Emule if he wants so. So I guess you will use some kind of criterion which imo should be well-defined ASAP.

To be honest, I prefer the open voting style with some activity criterion used back then when we voted for NXT logo. Since the way it is set up now will leave quite a few question marks on the shoulder of the voting organizer. It could work given Rickyhames impeccable reputation but I would rather avoid this type of precedent.
full member
Activity: 221
Merit: 100
@james
(and others)

Speaking of Iceland...

I’m considering the marketing effect if we tested a NxtCoin as national currency in Christiania, Copenhagen. It’s a self-proclaimed autonomous neighbourhood of about 850 residents. But Christiania is visited by 500.000 tourists every year.

The media attention that Christiania gets, will benefit us. And vice versa. And in quite a few ways we share common grounds. It's like the old meets the new.

Christiania is a social experiment in it's origin. Talking decision making, it's a live version of our Nxt community. Chrisitanists make consensus-based decisions in matters that concern their whole community. OMG, it's long haired, and I admire it, the strength of discussing until consensus is reached. In difficult matters, this could be the next morning, or half a year. Undecided But they always get there.

Customers in Christiania choose whether they want their change in Danish Kroner or LØN (the Christianian currency since 1997). Christiania has it's own coin! - but they might be interested in going digital. Christiania has strong feelings about the environment, and with Nxt “making Greenpeace happy” and all, it would be a perfect fit.

Christiania "consensus"-meetings are closed for outsiders, but I am pretty sure that I can get in + bring another from the Nxt community with me, using my contacts. Even if the whole of Christiania does not agree on making a unique LØN NxtCoin their local currency, the shops in Christiania could easily begin accepting Nxt.

Imagine the media attention, if a society like Christiania agreed on making Nxt - or a coin made on top of Nxt - their "national currency". If "INTERESTED", let me know.

/apenzl

+1. This is a brilliant idea. I bet BCNext will like it as well. It serves a real purpose of NXT. We also can afford to send 850 mails to let them claim their coins and educate them how to use the coins.

Edit: I wonder if we can use AE to issue their coins which are backed by certain NXT. We can ask donation for the needed NXT as the backup assets which can be either sent back to the genesis or permanently locked in an account after creating their coins.
full member
Activity: 266
Merit: 100
James,

I have a few more questions about your gateway, if you have time to answer. I am starting to realize what the capabilities of this gateway are. This understanding raised the question: If someone will be able to send an external asset to the gateway and it is then represented by an internal asset that can be traded on the AE, what happens to the external asset? Is it held in a collective wallet, like an escrow account or security account? Or is the external asset even transferred at all and the AE generated internal asset is just a promise to pay, and the holder of the External asset would still have to be trusted to deliver the asset once traded?  I know you are busy, and hate to keep bugging you, I just was pondering the implications of this.
sr. member
Activity: 756
Merit: 250
just finished lets talk bitcoin interview. it was terrifying. i definitely didn't do anywhere near as well as in my no pressure interview with tai zen. hopefully its not so bad that i have to move to Africa and live under a rock from now on.

Thank you for representing us and I am sure you did great. I know how scary that sort of thing can be. I am much better if I can stand behind a guitar or something.
sr. member
Activity: 490
Merit: 250
I don't really come from outer space.
well see. im not listening to it. you guys can tell me how it turns out.

Our harshest critics are usually ourselves. 
full member
Activity: 196
Merit: 100
NXT FUNDING COMMITTEE VOTE IS NOW UNDERWAY UNTIL 12:01 AM MARCH 8 (UTC)


Does that mean that votes are limited to nominees and candidates by default ? just wondering.

Everybody gets to vote.  I have edited my original post to clarify.

I had hoped to have this better organized at this point, but I've had a bad week.  Sorry.

Hey, guys, if you would, please edit your quote of my vote post so only the corrected original one shows up in the thread here.  Thx.
legendary
Activity: 1722
Merit: 1217
Does that mean that votes are limited to nominees and candidates by default ? just wondering.

If you were not on the "blue nominee / green candidate" list and want to vote, send me a PM with just the word VOTE in the title.  I will respond with your ID / password combo.

And many thanks Anon for putting yourself on display. You'll think you sound terrible and everyone else is going to like you. That's how it usually works.

except ill readily admit that i liked me in my tai zen interview. either way i hope you are right.
full member
Activity: 266
Merit: 100
@james
(and others)

Speaking of Iceland...

I’m considering the marketing effect if we tested a NxtCoin as national currency in Christiania, Copenhagen. It’s a self-proclaimed autonomous neighbourhood of about 850 residents. But Christiania is visited by 500.000 tourists every year.

The media attention that Christiania gets, will benefit us. And vice versa. And in quite a few ways we share common grounds. It's like the old meets the new.

Christiania is a social experiment in it's origin. Talking decision making, it's a live version of our Nxt community. Chrisitanists make consensus-based decisions in matters that concern their whole community. OMG, it's long haired, and I admire it, the strength of discussing until consensus is reached. In difficult matters, this could be the next morning, or half a year. Undecided But they always get there.

Customers in Christinia choose whether they want their change in Danish Kroner or LØN (the Christianian currency since 1997). Christiania has it's own coin, but they might be interested in going digital. Christiania has strong feelings about the environment, and with Nxt “making Greenpeace happy” and all, it would be a perfect fit.

Christiania "consensus"-meetings are closed for outsiders, but I am pretty sure that I can get in + bring another from the Nxt community with me, using my contacts. Even if the whole of Christiania does not agree on making a unique LØN NxtCoin their local currency, the shops in Christiania could easily begin accepting Nxt.

Imagine the media attention, if a society like Christiania agreed on making Nxt - or a coin made on top of Nxt - their "national currency". If "INTERESTED", let me know.

/apenzl

I'm all about getting creative.

What areas do you need help in? I will help in what ever way I can. Writing, publishing, researching, moral support Cheesy Keep me posted.
sr. member
Activity: 460
Merit: 250
Does that mean that votes are limited to nominees and candidates by default ? just wondering.

If you were not on the "blue nominee / green candidate" list and want to vote, send me a PM with just the word VOTE in the title.  I will respond with your ID / password combo.

And many thanks Anon for putting yourself on display. You'll think you sound terrible and everyone else is going to like you. That's how it usually works.
sr. member
Activity: 396
Merit: 250
@james
(and others)

Speaking of Iceland...

I’m considering the marketing effect if we tested a NxtCoin as national currency in Christiania, Copenhagen. It’s a self-proclaimed autonomous neighbourhood of about 850 residents. But Christiania is visited by 500.000 tourists every year.

The media attention that Christiania gets, will benefit us. And vice versa. And in quite a few ways we share common grounds. It's like the old meets the new.

Christiania is a social experiment in it's origin. Talking decision making, it's a live version of our Nxt community. Chrisitanists make consensus-based decisions in matters that concern their whole community. OMG, it's long haired, and I admire it, the strength of discussing until consensus is reached. In difficult matters, this could be the next morning, or half a year. Undecided But they always get there.

Customers in Christinia choose whether they want their change in Danish Kroner or LØN (the Christianian currency since 1997). Christiania has it's own coin, but they might be interested in going digital. Christiania has strong feelings about the environment, and with Nxt “making Greenpeace happy” and all, it would be a perfect fit.

Christiania "consensus"-meetings are closed for outsiders, but I am pretty sure that I can get in + bring another from the Nxt community with me, using my contacts. Even if the whole of Christiania does not agree on making a unique LØN NxtCoin their local currency, the shops in Christiania could easily begin accepting Nxt.

Imagine the media attention, if a society like Christiania agreed on making Nxt - or a coin made on top of Nxt - their "national currency". If "INTERESTED", let me know.

/apenzl

I'm all about getting creative.

It could be paired with "visiting" a Scandinavian Bitcoin conference.
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