Nxt :: NXTcash - progress and discussion - page 4.

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: clarkebar on February 20, 2014, 02:12:03 PM

Sent 1,000 from 14230624058877295231.

My first outgoing NXT transaction! I wish it could be more but it's nearly 25% of all the NXT that I have. Best of luck with this exciting project!

-Clarkebar

Thanks for the support!
We are running into some issues in getting the zeronet (testnet for NXTcash) setup, probably due to the alpha release based on the 4.7 source release. I am hoping that next week we will be ready for a few dozen people testing.

Do not expect too much, if it just functions, I will be happy. Due to the nature of this project, I had to plot a path that requires some large tradeoffs at the initial stages. It is the end result that is important, and the key achievement so far is the integration into the NXT core of an escrow like mechanism to mint and spend NXTcash. This method would be applicable for purely escrow usage, but that is a separate project.

James

clarkebar

newbie

Activity: 7

Merit: 0

Sent 1,000 from 14230624058877295231.

My first outgoing NXT transaction! I wish it could be more but it's nearly 25% of all the NXT that I have. Best of luck with this exciting project!

-Clarkebar

check07

member

Activity: 78

Merit: 10

Do you need NXTcash - Zerocoin Stakeholders? Cheesy

superresistant

legendary

Activity: 2142

Merit: 1131

Do you need NXTcash client testers ?

danzilla

newbie

Activity: 56

Merit: 0

There's some amazing stuff going on with NXT. Keep up the good work!

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: ?? on ??

Quote from: jl777 on February 19, 2014, 10:47:58 PM

Initial release has been sent to be put on zeronet, testnet for NXTcash.
Hopefully by next week, we can open it up to some larger scale testing.

The perfomance will not be fast due to size of zeroknowledge proofs. Functionality is what we need to concentrate on with alpha (proof of concept) version.

James

You just went ahead and DONE DID IT... didn't ya James?!? Cheesy

Truly amazing stuff going on in Nxt... I always try my best not to get overly excited... but I am beginning to fail miserably with Nxt!!! Wink

Bloodyrookie is doing the heavy lifting, with an assist from marcus03. I am more of the vision thing so far. Now I just have to figure out how to get Matt Green's attention and hopefully a bit of help. Then you have permission to get excited

James

jl777

legendary

Activity: 1176

Merit: 1134

Initial release has been sent to be put on zeronet, testnet for NXTcash.
Hopefully by next week, we can open it up to some larger scale testing.

The perfomance will not be fast due to size of zeroknowledge proofs. Functionality is what we need to concentrate on with alpha (proof of concept) version.

James

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Looks good. Good luck to the project.

allwelder

legendary

Activity: 1512

Merit: 1004

Interested,good luck to you and your project.

bitcoinpaul

hero member

Activity: 910

Merit: 1000

Quote

interested

lol

upekha

full member

Activity: 183

Merit: 100

TDTPJR-P5SGXY-UU2OS6-BPTUV4-NJYQFT-6CWYZP-IA2W

interested

klee

legendary

Activity: 1498

Merit: 1000

Good luck James et al!

superresistant

legendary

Activity: 2142

Merit: 1131

just sent 5K

abctc

legendary

Activity: 1792

Merit: 1038

- interested! some donation sent to address 13313092584524529006.

josephliton

hero member

Activity: 644

Merit: 500

Good news.

Zahlen

member

Activity: 98

Merit: 10

This is super sexy. Best wishes to the team!

idev

hero member

Activity: 860

Merit: 1004

BTC OG and designer of the BitcoinMarket.com logo

Great news, this is badly needed.

marcus03

full member

Activity: 224

Merit: 100

I'm in. :-)

hvezdasmrti

sr. member

Activity: 797

Merit: 251

: Nxt :: NXTcrash - progress and discussion

Grin

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: superresistant on February 17, 2014, 10:32:45 AM

You said in the thread that the team require 1 Million additional Nxt at least to fund the project, correct ?

project has funds for operating costs, including plane ticket to fly someone to demo to Matt Green.

However, it is likely that little will remain of klees operating funds and I want there to be a strong incentive for the NXTcash team to push through and do whatever it takes to get this project done.

It is a relatively risky project as we require external help and it is cutting edge tech, so the model I proposed was to cover costs as we go with completion bounty as carrot. klee has funded the operating costs with the expectations that the community will provide the carrot.

Since many people never seemed to get tired telling me that it was impossible, impractical, etc. about this project, it is clear we will run into unforseen obstacles. The foreseen obstacles are intimidating enough, but I am just looking at one step at a time, well ok, so maybe several steps ahead, but concentrating on one step at a time.

James

Topic: Nxt :: NXTcash - progress and discussion - page 4. (Read 12333 times)