Topic: NXT :: descendant of Bitcoin - Updated Information - page 835. (Read 2761626 times)

As a moderator who get no pay of any kind, nor do I hold any stake in either nextcoin or DGEX, I find this offensive and uninformed.
We over at nextcoin have done A LOT for NXT. It's the biggest NXT site with more than 4500 NXTers.

We barely ban anyone there

If I make a altcoin clone named "SingleCoin" where there is only 1 coin then it wouldn't be hard to make it worth a lot.
You have to look at the marketcap, not price per *Coin

Sent 1K TestNxt .

You'll look sharp in a suit.

Looks like the trolls are at it again attempting pathetic conversions!

Nextcoin uses banning or thread blocks very rarely.

I personally have not banned anyone for months. I have given friendly advice within discussions a few times. So not sure where the "bullying" image was hinted to, other than lunatics spreading propaganda and bashing me over here according to their incoherent whims and complexes of inferiority - and the need for perceived authority figure against which to target their rebellion arising from immature self image. The banning policy is completely reasonable and I'm happy the current moderators are sticking to it. Nextcoin.org does not tolerate:

- offenses against staff
- threats of physical violence
- foul language
- other degenerating behaviour & mind tricks

It's impressive to see how well nextcoin.org has been handling the member base of nearly 5k mixed background folks. Such a bunch necessarily contains borderline nutcases and native troublemakers the resorts to deal with successfully are unfortunately few. By active moderation nextcoin.org is able to keep the level of discussion considerably higher and more focused than for instance the cluttered and depressingly incoherent thread of bitcointalk.org. I encourage visitors to nextcoin.org see this for themselves, ignore the sinister agenda that has lifted its head again and concentrate into constructive discussion where that's most effectively possible.

@Salsa: I also suggested 1) earlier (also see a few posts back), but through a slightly different way, using different tokens to represent different "tiers".

Both our ways have problems individually. My way, (one asset type for each tier) if there are many tiers, the person seeking investments must issue many asset tokens, and will be impractical if there are too many options to choose from. Your way (one asset type for all options) makes it easy for investors to choose what options they want, but hard for the person seeking investments to prepare for all the different options (for in-game purchases it's easy, coz programmers can just code it in. But for real world stuff, it may have to be first come, first serve.)

But fund seekers could combine our ways: have one asset type for each option. Just use your general asset token for the easy-to-make stuff, and use different tokens for things that need to be prepared in advance like e.g. cloth maps. So maybe one guy can have 1 Base Game token, 1 Cloth Map, 1 Special Figurine, another guy can have 4 Base Game token, 3 Month-long Subscription tokens, 1000 In-Game Currency tokens.


I like 3), especially if it means the same "point tokens" can be used for different places, not just those owned by the same owner. Like, I totally don't bother with point cards right now because there are too many to keep track of.

Can you add subtitles in future for non english speaking people?

nice!

- me too. Lets leave nextcoin.org to such people like Drexme and the owners of DGex...  We have nxtcrypto.org !

Maybe it is more than just that.

Gosh huge buy order on Bter http://bter.com/trade/nxt_btc 317,000 at 9,110

3) Proof of stake coins for organisations
- anyone could simple created their own currency
- Will be used for: hotels - you buy tokens and buy food, massages, trips, everything by those tokens. After the holidays you will be awarder by free tokens, so you could spend them next time you visit this hotel or this type of hotel (can be used for all hotels under 1 owner)
+ casinos, travel agencies, marketplaces, stores
- those coins could be used as a special salary for all kinds of organisations to avoid paying high taxes

2) known inventions:
Proof of learning coins:
- you are getting coins for watching videos, responding to questionaires, for creating new content so you are getting coins fo number of downloads/views of your pictures (memes), videos (funny), texts (even scientific books), created sites and advertising on them (lakshmi's proof of bandwidth)

1) Asset kickstarter
- you want to develop a game, you create 1.000.000 asset tokens for share for your game. Your goal is to get $1.000.000, so you sell 1 share for 1$ (=20 Nxt). After the game is completed, you will be able to buy shares back for: downloading a game, purchasing gaming items (better horse, nicer equipment, pet), for materials (book, map, soundtrack) special events, in-game character names... And if anyone wanted to hoard his shares, he would be getting some part of the profit from selling the game

address :8026612693734218048

need testnet coin..

Thanks for the link. But that only reduces the variance, it doesn't increase the expected gains from forging. Pools "work" (well, used to work) for Bitcoin and friends because expected gains (used to be) > costs even for small-timers, but the variance was extremely high. Nxt has low expected gains from forging. Poor shibes like me will likely have have expected gains of < 0 (after electricity and hardware costs), the only profitable ones may be ones that can do it in scale and have market advantages in the different parts of the cost equation, to keep costs down.

I share the concerns of centralization, but seems to me the way to deal with that is for leasers to be able to have some kind of influence on the forger's behavour (i.e. what txes they reject, scripts they don't run and how they blacklist/weigh other forgers). Maybe moving leasing power to someone else is sufficient, or maybe there needs to be some way for leaser's to inflict a penalty (but maybe with their own reputations on the line).

And on the other hand, this is making me more and more awake. Like, everytime I keep coming back to this thread there are more and more great things to think about.

Another idea: Asset tokens as a means of managing logistics.

Currently we're thinking of the AE as allowing "hubs" like Anon's stilver buillion gateway to issue proof of purchases (asset tokens) to "buyers", who may then do limited trading between themselves or back to hubs. But that's such a limited model, think of it as potential network instead. E.g.

Amazon moves lots of stuff all around the world. Broadly I think the way they manage things is from big warehouses -> local distribution centers -> buyers. That's very much a hub model. They care a lot about keeping stuff moving so that they (as much as possible) always have what people want in stock, and nearby, but at the same time not too much of it (JIT). They keep their own internal, private ledgers of all this stuff moving around.

Now imagine we can have many other Amazons (though not necessarily of the same size). Instead of keeping just their own operations and private ledgers, they use asset tokens to represent what they have in stock and where so it's visible to consumers and other suppliers. This allows them to buy from other suppliers if they meet with shortfalls and high consumer demand. There could even be independent drivers and bulk movers who could trade between suppliers (think Elite, Privateer, Freelancer, Patrician, in real life!)


EDIT: This works only for fungible assets.

James, you should just go to bed and wake up to a cornucopia of proposals from everyone

I do not think that Leased Forging is a good idea. We do not need pools to achieve fair fee distribution. Have a look at Shared Forging instead.
This approach uses less resources and no pools need to be controlled. I think it is a much sleeker way to solve the problem.

I like the idea of Alias management services. For now, lets assume we dont have NXT VM scripting especially since I have no idea what can and cant be done with them. Just using the other parts of NXT allows for a nice website full of useful functions.

If this is combined with buybitcoinscanada's idea of a torrent service, it would provide point and click access to all the data within NXT blockchain (after it is populated with a brute force search and download of all the existing torrent sites)

This is the leading idea, unless someone else can come up with a better one soon. Somehow getting tired so early today.

James