Overstock.com CEO interested in NXT asset exchange! - page 5.

Voluntold

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Quote from: solarion on May 03, 2014, 05:14:23 PM

Quote from: ThePurplePlanet on May 03, 2014, 07:20:04 AM

There are 3 already http://chromawallet.com/ http://www.mastercoin.org/ https://www.counterparty.co/ with stocks and securities issued.

NXT is the biggest hyped joke of all. Low quality code. Very insecure and this guy http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=4747512364439223888 mined 23298 out of total 127960 blocks. Cryptos used to be about decentralization and now people buy whatever. Cryptos centralized, checkpointing etc. Nobody is thinking anymore This is a complete joke premined public ledger luring noobs. Dont forget that majority of coins are cornered. (71 individuals bought the entire stake for 21 btc)

Agreed. Nxt is a step backward.

Ahh, so you agree with FUD and stuff that is just plain untrue. I'll make sure I never listen to your advise in the future, thanks.

CurbsideProphet

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Activity: 672

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Quote from: CoinBuzz on May 03, 2014, 04:26:31 AM

First of all we need more volume and transactions for NXT.

This coins should be used somewhere

Exactly. But this won't happen unless the 70+ initial investors open up their purse.

solarion

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Activity: 966

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Quote from: ThePurplePlanet on May 03, 2014, 07:20:04 AM

There are 3 already http://chromawallet.com/ http://www.mastercoin.org/ https://www.counterparty.co/ with stocks and securities issued.

NXT is the biggest hyped joke of all. Low quality code. Very insecure and this guy http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=4747512364439223888 mined 23298 out of total 127960 blocks. Cryptos used to be about decentralization and now people buy whatever. Cryptos centralized, checkpointing etc. Nobody is thinking anymore This is a complete joke premined public ledger luring noobs. Dont forget that majority of coins are cornered. (71 individuals bought the entire stake for 21 btc)

Agreed. Nxt is a step backward.

aqlzf123

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The world really is crazy, changing too fast .

Damelon

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Quote from: hypostatization on May 03, 2014, 02:27:39 PM

Quote from: toknormal on May 03, 2014, 01:49:51 PM

All of these networks and technologies have massive potential. As far as "2nd gen's" go, there isn't going to be one which "wins" and others which "loose". Currencies - maybe - but once we're into the realm of things like network services and asset exchanges your talking about sectors which require and accommodate diversity.

This is just the start - there will surely be a growth industry around this type of technology and everyone will have their "Overtstock" moments.

Agreed. I think this is a rare and healthy perspective in the community. At this point, I am doubtful there will ever be a winner-takes-all cryptocurrency. Next generation systems that support external currencies are an interesting space. I love seeing all of the emerging competition, and feel that the new next gen multi-currency systems have a lot to offer here. It is great seeing NXT available on the Ripple network.

I am glad this didn't turn into a Ripple vs. Nxt flame war as I was afraid it might.
Although I also had to snigger when ThePurplePlanet emerged from his time warp. Cheesy

At this point, friendly competition seems a much better idea. Spurring each other along and coming up with multiple solutions to a problem is good, and there is no "winner" or "loser".

It's very very early days yet for ALL 2nd Gens, and there will be pitfalls for us all. I have no doubt about that.

hypostatization

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Activity: 350

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Quote from: toknormal on May 03, 2014, 01:49:51 PM

All of these networks and technologies have massive potential. As far as "2nd gen's" go, there isn't going to be one which "wins" and others which "loose". Currencies - maybe - but once we're into the realm of things like network services and asset exchanges your talking about sectors which require and accommodate diversity.

This is just the start - there will surely be a growth industry around this type of technology and everyone will have their "Overtstock" moments.

Agreed. I think this is a rare and healthy perspective in the community. At this point, I am doubtful there will ever be a winner-takes-all cryptocurrency. Next generation systems that support external currencies are an interesting space. I love seeing all of the emerging competition, and feel that the new next gen multi-currency systems have a lot to offer here. It is great seeing NXT available on the Ripple network.

toknormal

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Quote from: Sukrim on May 03, 2014, 12:00:13 PM

Well, I run a Ripple server and anyone is free to do so as well - Ripple uses https://ripple.com/wiki/Consensus, not PoS (?) as NXT, so it is very much able to have faster confirmations, it simply uses a different technology.

All of these networks and technologies have massive potential. As far as "2nd gen's" go, there isn't going to be one which "wins" and others which "loose". Currencies - maybe - but once we're into the realm of things like network services and asset exchanges your talking about sectors which require and accommodate diversity.

This is just the start - there will surely be a growth industry around this type of technology and everyone will have their "Overtstock" moments.

Sukrim

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Activity: 2618

Merit: 1007

Quote from: ChuckOne on May 03, 2014, 11:56:44 AM

Quote from: hypostatization on May 03, 2014, 11:24:24 AM

How fast are NXT transaction speeds?

I am seeing mixed information. Ripple network transactions clear/confirm in about 5 seconds, and that includes distributed exchange and cross-currency payment.

NXT transaction are confirmed within 1 minute on average. Faster is more insecure in a really decentralized manner.

That is why Ripple has 5 seconds confirmations; it is not decentralized.

Well, I run a Ripple server and anyone is free to do so as well - Ripple uses https://ripple.com/wiki/Consensus, not PoS (?) as NXT, so it is very much able to have faster confirmations, it simply uses a different technology.

ChuckOne

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Activity: 364

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☕ NXT-4BTE-8Y4K-CDS2-6TB82

Quote from: hypostatization on May 03, 2014, 11:24:24 AM

How fast are NXT transaction speeds?

I am seeing mixed information. Ripple network transactions clear/confirm in about 5 seconds, and that includes distributed exchange and cross-currency payment.

NXT transaction are confirmed within 1 minute on average. Faster is more insecure in a really decentralized manner.

That is why Ripple has 5 seconds confirmations; it is not decentralized.

toknormal

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Activity: 3066

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Quote from: hypostatization on May 03, 2014, 11:24:24 AM

Ripple Labs also has a fleet of top notch talent, spanning code and business development, backing both the protocol and network. And... they even have an award winning economist on the board, as well as having been highlighted as a potential ACH payment alternative---from individuals of diverse interests, spanning between the W3C and St. Louis Fed. Also, before I forget, here are the investors and startup incubator.

LoL. I like the "award winning economist" bit. If you'd wanted to kill your brand stone dead you'd have made a good attempt at it with that bit of PR right there Wink

Thankfully, apart from the "top notch talent", NXT doesn't have any of this crap which is why it's becoming so popular.

It is an organically grown network from the ground up which engenders participation and stakeholdership from all who care to contribute. Despite that, it has a well co-ordinated and productive developer core who have consistently delivered results according to "roadmaps" from months ago.

Not an easy thing to do.

hypostatization

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Quote from: salsacz on May 03, 2014, 07:24:31 AM

So, NXT AE is 10 times faster than the competition and it will be getting multisig protected crypto assets AND it will be getting even faster.

NXT has the most man years of development of any crypto other than BTC. This will continue.The crypto's value is best measured by the number of developers. And that's why Nxt is the most promising cryptocurrency that ever existed

How fast are NXT transaction speeds?

I am seeing mixed information. Ripple network transactions clear/confirm in about 5 seconds, and that includes distributed exchange and cross-currency payment.

Ripple Labs also has a fleet of top notch talent, spanning code and business development, backing both the protocol and network. And... they even have an award winning economist on the board, as well as having been highlighted as a potential ACH payment alternative---from individuals of diverse interests, spanning between the W3C and St. Louis Fed. Also, before I forget, here are the investors and startup incubator.

toknormal

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Activity: 3066

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Quote from: ThePurplePlanet on May 03, 2014, 07:20:04 AM

Dont forget that majority of coins are cornered. (71 individuals bought the entire stake for 21 btc)

This remark must have got stuck in bitcointalk's timewarp tunnel from January.

ThePurplePlanet is therefore hereby nominated as the thread's "Dalek in Residence'...

Sukrim

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Quote from: ChuckOne on May 03, 2014, 08:58:18 AM

Quote from: Sukrim on May 03, 2014, 06:56:22 AM

Quote from: ChuckOne on May 03, 2014, 03:07:38 AM

Quote from: NWO on May 03, 2014, 02:38:27 AM

Hasn't Ripple already done this? You guys are a little slowwww Kiss

What exactly has Ripple done?

Create a P2P decentralized capital market.

Actually it is in operation RIGHT NOW and has been working for over a year now.

Ripple is not decentralized. It is distributed.

Depends on which part you look at and how you exactly define these terms. In the sense of "market place" it is definitely decentralized in the sense that anyone can issue any asset without asking for anyone's permission and trade that freely.

androidboss

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v nice,oh

timmyd

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Purple nurple is clearly uneducated when it comes to NXT. Dont worry though he clearly has his guard up for some reason. Purple needs to take a bit of time to understand NXT. i know this because he still thinks NXT is poorly distributed lmao. He couldnt be further from the truthm NXT currently has brilliant distribution and continies to do so each and every day topping bters top spot for volumes. but heck what do i know its not like ive witnessed every thing that has gone on since last november.

Istanbul34

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There is so much FUD. Because people don't know what NXT is. They just shout something without any good argument.

ChuckOne

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Activity: 364

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☕ NXT-4BTE-8Y4K-CDS2-6TB82

Quote from: ThePurplePlanet on May 03, 2014, 08:08:12 AM

Where are the unit tests? Where are the comments? Where where....

Comments? Have you ever read Clean Code? http://www.amazon.de/Clean-Code-Handbook-Software-Craftsmanship/dp/0132350882

ChuckOne

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Activity: 364

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☕ NXT-4BTE-8Y4K-CDS2-6TB82

Quote from: Sukrim on May 03, 2014, 06:56:22 AM

Quote from: ChuckOne on May 03, 2014, 03:07:38 AM

Quote from: NWO on May 03, 2014, 02:38:27 AM

Hasn't Ripple already done this? You guys are a little slowwww Kiss

What exactly has Ripple done?

Create a P2P decentralized capital market.

Actually it is in operation RIGHT NOW and has been working for over a year now.

Ripple is not decentralized. It is distributed.

Voluntold

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Activity: 168

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Quote from: Momimaus on May 03, 2014, 08:13:09 AM

Quote from: salsacz on May 03, 2014, 07:24:31 AM

The fact that mastercoin and XCP asset exchanges didnt take the world by storm is obvious. The 10+ minute blocktime. You simple cant trade cryptos at that time frame.

Now, without waiting for 1000TPS in Nxt crypto platform, Nxt can right now, immediately start pushing the FASTEST Decentralized Asset Exchange. 10 times faster in fact.

So, NXT AE is 10 times faster than the competition and it will be getting multisig protected crypto assets AND it will be getting even faster.

NXT has the most man years of development of any crypto other than BTC. This will continue.The crypto's value is best measured by the number of developers. And that's why Nxt is the most promising cryptocurrency that ever existed

+1

+1440 Great comment. Yep, I recognized this from day one. Back in Dec. when I first saw Nxt's community and development, I knew it was different and was likely going to be a game changer. All these fools buying into these hyped coins like Blackcoin are literally just buying a nice logo. I just wish Nxt could shake away all these FUDsters.

Momimaus

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Never back down !!!

Quote from: salsacz on May 03, 2014, 07:24:31 AM

The fact that mastercoin and XCP asset exchanges didnt take the world by storm is obvious. The 10+ minute blocktime. You simple cant trade cryptos at that time frame.

Now, without waiting for 1000TPS in Nxt crypto platform, Nxt can right now, immediately start pushing the FASTEST Decentralized Asset Exchange. 10 times faster in fact.

So, NXT AE is 10 times faster than the competition and it will be getting multisig protected crypto assets AND it will be getting even faster.

NXT has the most man years of development of any crypto other than BTC. This will continue.The crypto's value is best measured by the number of developers. And that's why Nxt is the most promising cryptocurrency that ever existed

+1

Topic: Overstock.com CEO interested in NXT asset exchange! - page 5. (Read 6742 times)