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Topic: NXT is dying :-( (Read 3161 times)

legendary
Activity: 1092
Merit: 1010
January 09, 2015, 01:47:51 PM
#67
Yes, currencies will eventually be able to be used to trade assets, but not at the launch of Monetary System.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 09, 2015, 05:52:52 AM
#66
Sorry, didn't realise this thread had some serious questions in it Cheesy


Nxt has been open source since the day it was released, it was a single unobfuscated java class file. You just decompiled it.

Official open source was in March 2014, almost a year. Every version of the software released has come with the source code bundled with it so you can compile it yourself, if required. Development branches are private to stop clones releasing untested software that has been released on Nxt's testnet.

Technically, NXT has never been closed source

Damelon has already posted about our "anonymous dev" Kushti here:

Quote
Have a look here: https://www.youtube.com/watch?v=QMSA5W7jx1E&feature=youtu.be

It's an open Q&A with one of our core devs. Anonymous?

Here is his blog > http://chepurnoy.org/ Alexander Chepurnoy



Monetary System will allow MScoin to MScoin trading. InstantDEX is third party by JL777 (i.e. not a core feature). That is the buety of Nxt, anyone can build on top of it. It will give 2-5 sec transactions when it is released, coupled with Multigateway you will be able to trade crypto to crypto. Think of Monetary System for MSCoin to MSCoin trading 'inside' Nxt, and InstantDEX for cryptos 'outside' of Nxt ecosystem (but still through the Nxt platform)

Quote
can currencies in monetary system be used to buy assets in the nxt asset exchange?
Good question, I don't know the answer. My inclination would be yes but not right away.

they should.  thanks for the reply.
newbie
Activity: 14
Merit: 0
January 09, 2015, 05:44:06 AM
#65
Who says I'm over - Hyped? I still see a strong coin right now. Their still in the top 10, and it seems that other people don't seem to think it's dying.

All crypto coins seem to be going down the sink. Not just one or two coins.


We hope to help change that. For one thing, by making it easier for people to find promising alts and other "diamonds in the rough".
Check out our demo altcoin alert system:

hero member
Activity: 574
Merit: 500
January 09, 2015, 05:30:31 AM
#64
legendary
Activity: 2044
Merit: 1055
January 09, 2015, 04:50:08 AM
#63
Glad to see this thread!  Grin

Nobody would care about a dying altcoin, so Nxt seem to be a bigger threat to "them" as I thought.  Cool

No wonder, because the Nxt devs constantly deliver new functions since one year. I must admit that some maybe are too challenging for crypto newbies... But nonetheless I see a great future for Nxt!
hero member
Activity: 854
Merit: 1001
January 09, 2015, 04:10:10 AM
#62
Is dev still closed and annonymous? Then yes its dead id rather buy ripple if i want closed source crypto currency. Bitshares is good though

We do have some very closed devs.....I'm gonna assume you mean the source code, that's been open source since March of last year:
https://bitbucket.org/JeanLucPicard/nxt/src
Umm....well, there it is.

On the anonymity: assuming you do mean devs.....NXT has a dev team (not just one guy for the masses to worship) of around 5-6 core guys, another 5-6 on non-core stuff, plus an utterly unknown number working on 3rd party projects. Some of this team are still anonymous, but many aren't.
Got to :
www.nxtforum.org
and have a look around.

BTW: Ripple isn't a crypto-currency. It never has been, never claimed to be. Don't forget that Ripple dates from a time BEFORE Bitcoin and crypto:
http://en.wikipedia.org/wiki/Ripple_%28payment_protocol%29
hero member
Activity: 574
Merit: 500
January 09, 2015, 04:02:17 AM
#61
Sorry, didn't realise this thread had some serious questions in it Cheesy


Nxt has been open source since the day it was released, it was a single unobfuscated java class file. You just decompiled it.

Official open source was in March 2014, almost a year. Every version of the software released has come with the source code bundled with it so you can compile it yourself, if required. Development branches are private to stop clones releasing untested software that has been released on Nxt's testnet.

Technically, NXT has never been closed source

Damelon has already posted about our "anonymous dev" Kushti here:

Quote
Have a look here: https://www.youtube.com/watch?v=QMSA5W7jx1E&feature=youtu.be

It's an open Q&A with one of our core devs. Anonymous?

Here is his blog > http://chepurnoy.org/ Alexander Chepurnoy



Monetary System will allow MScoin to MScoin trading. InstantDEX is third party by JL777 (i.e. not a core feature). That is the buety of Nxt, anyone can build on top of it. It will give 2-5 sec transactions when it is released, coupled with Multigateway you will be able to trade crypto to crypto. Think of Monetary System for MSCoin to MSCoin trading 'inside' Nxt, and InstantDEX for cryptos 'outside' of Nxt ecosystem (but still through the Nxt platform)

Quote
can currencies in monetary system be used to buy assets in the nxt asset exchange?
Good question, I don't know the answer. My inclination would be yes but not right away.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 09, 2015, 01:57:24 AM
#60
Is dev still closed and annonymous? Then yes its dead id rather buy ripple if i want closed source crypto currency. Bitshares is good though

not a good analogy.  but ok.
Y

cos the truth is, it's far from dead. why can't people stop fudding here and just tell the truth?  jesus...

 Cry Cry Cry Cry

STOP LIKING WHAT I DON'T LIKE!!!!  Angry Angry Angry Cry

?

edit: back to my questions...

went to the nxt tech tree website.  i think the nxt devs should focus on instant transactions and give the platform asset to asset trade capability.  it's called instantDEX, is it? 

... OR does monetary system allow currency to currency trading? if so, no need for instantDEX.  but can currencies in monetary system be used to buy assets in the nxt asset exchange?
legendary
Activity: 1246
Merit: 1000
January 09, 2015, 12:27:39 AM
#59
Is dev still closed and annonymous? Then yes its dead id rather buy ripple if i want closed source crypto currency. Bitshares is good though

not a good analogy.  but ok.
Y

cos the truth is, it's far from dead. why can't people stop fudding here and just tell the truth?  jesus...

 Cry Cry Cry Cry

STOP LIKING WHAT I DON'T LIKE!!!!  Angry Angry Angry Cry
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 08, 2015, 11:50:26 PM
#58
Is dev still closed and annonymous? Then yes its dead id rather buy ripple if i want closed source crypto currency. Bitshares is good though

not a good analogy.  but ok.
Y

cos the truth is, it's far from dead. why can't people stop fudding here and just tell the truth?  jesus...
legendary
Activity: 2044
Merit: 1005
January 08, 2015, 11:36:37 PM
#57
Is dev still closed and annonymous? Then yes its dead id rather buy ripple if i want closed source crypto currency. Bitshares is good though

not a good analogy.  but ok.
Y
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 08, 2015, 11:35:26 PM
#56
Is dev still closed and annonymous? Then yes its dead id rather buy ripple if i want closed source crypto currency. Bitshares is good though

not a good analogy.  but ok.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 08, 2015, 11:34:30 PM
#55
people are using only for a short term investment rather than knowing it's future applications and revolutionary potential.

let them.
legendary
Activity: 2044
Merit: 1005
January 08, 2015, 11:34:07 PM
#54
Is dev still closed and annonymous? Then yes its dead id rather buy ripple if i want closed source crypto currency. Bitshares is good though
full member
Activity: 153
Merit: 100
January 08, 2015, 11:30:17 PM
#53
people are using only for a short term investment rather than knowing it's future applications and revolutionary potential.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 08, 2015, 08:43:18 PM
#52
went to the nxt tech tree website.  i think the nxt devs should focus on instant transactions and give the platform asset to asset trade capability.  it's called instantDEX, is it?  

... OR does monetary system allow currency to currency trading? if so, no need for instantDEX.  but can currencies in monetary system be used to buy assets in the nxt asset exchange?  if so, then nxt will be brilliant!  just work on instant transactions and you are a perfect (almost) platform.  there will be naysayers, but you will be better than the rest for sure.  GL

legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 08, 2015, 07:43:33 PM
#51
It's just like with Christmas.

If you close your eyes, confirmations go faster.

lol.  but there was mention of making NXT's confirmation time to a few seconds right?  if i'm not mistaken, i think it's called transparent forging?  are the devs still working on it?

anyway i think NXT would be way better if it was faster than the rest.

The last I heard the devs were still working on it, but there's only a few who understand it and it's going to take a while to develop. Maybe things have changed since I looked into it.

i think getting faster confirmation times is the way to go.  then add more features later.
sr. member
Activity: 296
Merit: 250
January 08, 2015, 07:36:03 PM
#50
It's just like with Christmas.

If you close your eyes, confirmations go faster.

lol.  but there was mention of making NXT's confirmation time to a few seconds right?  if i'm not mistaken, i think it's called transparent forging?  are the devs still working on it?

anyway i think NXT would be way better if it was faster than the rest.

The last I heard the devs were still working on it, but there's only a few who understand it and it's going to take a while to develop. Maybe things have changed since I looked into it.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 08, 2015, 07:21:24 PM
#49
It's just like with Christmas.

If you close your eyes, confirmations go faster.

lol.  but there was mention of making NXT's confirmation time to a few seconds right?  if i'm not mistaken, i think it's called transparent forging?  are the devs still working on it?

anyway i think NXT would be way better if it was faster than the rest.
sr. member
Activity: 296
Merit: 250
January 08, 2015, 06:59:46 PM
#48
what i think that could help NXT get the edge is faster confirmation time.  and i hope we see it this year.

Sometimes big gaps between confirmations can ruin the experience of using the asset exchange. Faster confirmation times could make all the difference.
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