Massive improvement with site speed. It's gone from sluggish and barely loading to loading every page instantly  |
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A compromise could be to logarithmically weight the votes based on NXT balance. So a larger NXT balance has more of a say but not linearly more.
A bit of a hassle, but couldn't a large stakeholder sidestep that (or any other method that isn't just a count of the votes) by distributing his/her coins amongst multiple accounts? Yes. NXT is a proof of stake currency and holders of more NXT should certainly have more of a say in how it's to change if it should. The largest stakeholders have the most to risk after all and so, it's just plain rational that the market would seek the greatest amount of input from those market actors if the currency is to be democratized in this way. Arguments that amount to "it's unfair" are emotional arguments, not economic ones...generally. The arguments that are economic that favour weighted influence to favour smaller stakeholders are simply wishful thinking when you boil them down. I agree actually. Stupid people won't though. We could always vote about how to handle the voting mechanism But seriously, I'm fine with votes having more weight linearly in accordance with account balance |
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Perhaps weight votes in accordance with how much NXT is in the account.
this approach could bring us in another ethical problem ;-) (I got your point to make it expensive to gain the vote-power via multiple accounts) LOL. The NXT transaction fee distribution algorithm already weights participation in accordance with how much NXT is in the account of an individual, not the sheer number of nodes being contributed by computers operated by that individual - which is far more important to the health of the NXT network. And you talk about ethical problems applying the exact same arrangement to member voting? Just a wry observation, I see the merit (and pitfalls) of both approaches... A compromise could be to logarithmically weight the votes based on NXT balance. So a larger NXT balance has more of a say but not linearly more. |
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Hey there!
about the voting system, just for my understanding...
from what I understand every account will have one vote, right?
how can we avoid that one person create thousands of accounts and vote?
so one opinion could change the majority.
UPDATED easyCopyString:
162.243.214.68; 95.85.46.164; 162.243.216.55; 162.243.143.15; 95.85.46.249; 93.190.92.74; 37.209.120.192; 93.190.92.75; 85.25.134.59; 93.190.92.76; vps1.nxtcrypto.org; vps2.nxtcrypto.org; vps3.nxtcrypto.org; vps4.nxtcrypto.org; vps5.nxtcrypto.org; nxtwallet.com; 31.220.50.208; nxt.ddos.me; 203.174.12.25; 88.198.142.92; 66.197.138.90; 64.120.180.106; 109.230.224.65; 80.86.92.50; node1.nextcoin.it; node2.nextcoin.it; node3.nextcoin.it; node4.nextcoin.it; node5.nextcoin.it; nxt.homer.ru; 31.204.130.123; 209.222.0.194; 209.222.16.10; node1.nxtbase.com; node11.nxtbase.com; node21.nxtbase.com; node31.nxtbase.com; node41.nxtbase.com; node51.nxtbase.com; node61.nxtbase.com; node71.nxtbase.com; node81.nxtbase.com; node91.nxtbase.com; 85.214.222.82;
Vps Owners: keep updated the easycopystring adding your nodes!!!!
Perhaps weight votes in accordance with how much NXT is in the account. |
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LOL
doges community is to strong and big, they are not going to let that happend.
DOGE's one strength was it's virality. Now that has gone and with so many DOGE coins being made a day, wait for the price to drop now. |
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20,000 Litecoins get created a day or something. That's $400,000 new coins getting dumped or hoarded everyday.
NXT? 0 coins get created every day.
Just from one single exchange we've seen how far the price has rocketed. Wait until more features start rolling out. If Ripple can get to 2 billion market cap I don't see why NXT can't challenge for that spot.
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Nxt crossed 100,000,000 Million Dollars!  Damn. That was quick. |
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If the rhetoric of 'open, transparent information source' is acted out, then, Ripple should be clearly labelled as 'not a real cryptocurrency', issued by a central authority, not open source.
Wrong. It is open source. And wrong again. It is a cryptocurrency, just not a decentralised one. See - http://en.wikipedia.org/wiki/Cryptocurrency for sources so you can learn and stop spreading misinformation. Where is that information on that website?
See above. Hint: you're wrong. I have ignorant people asking about the '$2 billion dollars that were invested' in Ripple. This is very dangerous to cryptos, siphoning off real investment funds (not the misinterpreted, then fictitious, 'market cap',) that would otherwise go to legitimate open-source cryptocurrencies into the pockets of the the cabal of exploitational advertisers, poisoning the minds of noobs and keeping humanity repressed.
Perhaps instead of supporting the exploitational illusion that ripple belongs as an equal on that list, you could work towards educating noobs on what a market cap means. I'll start you off:
Market Cap = Last Price x (multiplied by) Outstanding Float (total available in crypto addresses.)
I'm going to surprise you here and inform you again you are wrong. Do you know how Ripple works or have you just read a couple of information pieces? Why are you calling people noobs when you don't even know the basics and clutter up this valuable topic with your bullshit? 100 billion XRP have been created and can be used at any point of time. It's human choice stopping them from being spent. What your mind can't distinguish is that is separate from the fact most XRP are in the hands of Ripple Labs. Btw you probably think I'm a Ripple supporter - I'm not. Check my post history, I've probably mentioned them twice in the last year. It's just funny to me seeing so many people get mad over things they don't understand. |
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Ripple is No. 2 on Coinmarketcap  They put Mastercoin to push Nxt back, now they has put Ripple, what's nxt? I had no idea Nipple was worth that much in market cap |
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NXT nodes are needed to make NXT strong. Those nodes are only going to be stood up by people motivated to do so. I repeat my contention that forging does not seen to be a strong motivator for setting up NXT nodes when examined closely. This could be a problem. This forum exists to address to problems.
How much NXT you earn from forging depends on transaction volume. NXT users is still a small pool of individuals and transaction volume is low. Transaction volume will increase exponentially as we have seen with Bitcoin which will increase forging profits dramatically. I guess this situation is like when Bitcoin first launched many years ago... what motivation was there to mine? |
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Cue a flood of babies crying about Ripple being on the list now too.
Well done coinmarketcap. List everything in my opinion, don't try and hide a currency because certain people on the bitcoin forum have an agenda against it. Set the way forward - open, transparent information source.
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Why not...
9359067356059365005
Wait. You was trolling and bashing nxt HARD and now when there is free NXT you come out with your cap in hand?  |
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If I ran a giveaway thread would any large stakeholders be interested in donating to it? It is very important that large stake holders don't horde their coins or this project will die on the vine. We are already being accused of being "oligarchCoin" and this problem HAS to be dealt with swiftly if we want this project to prosper. I'm not asking anyone to be altruistic here. If you are a stakeholder with 50million coins it is in YOUR self interest to give half of them away (im not asking you to give me 25million coins  ). If you widely disseminate half of your coins than the remaining 25million will probably be worth more someday than the 50 you otherwise horded. If you are such a large stakeholder than i understand that you probably don't have time to run a giveaway thread so that is why I would like to do it for you! For those who are concerned that these coins will hit the market and drive down the price. I don't think that is such a worry. People who receive 10, 50, or 100 coins arn't going to turn around and dump them on dgex. It isn't even worth their time to register on dgex. But they definitely might register on dgex to buy more coins once they have had a taste. If there is anyone who would like to support me in this, the amounts that i give out will be weighted by activity, post count, and membership seniority and registration date. I will also be reading their posts to make sure they pass the touring test. I will take countermeasures to insure that spammers do not exploit my thread. If you are sitting on < than 3 million coins this is not for you. Like i said before im not asking for altruism, im asking for the help of people who it is in THEIR interest to give away coins, if you have less than 3 million than your interest is just to keep them for yourself. However what you can do to help is pass this message on to anyone you know who may be a large stake holder. PM me if you are interested. If all the original stakeholders put just 1% of their coins aside for bounties that would be almost 1000BTC of bounties on offer. It's a form of protection and a way to strengthen their investment. It would also *really* help the marketing image if we could also point and say look at all these bounties that derived from the initial coin distribution and significantly impacted NCT's acceptance/marketing etc. |
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Cycloid if it's an invented exchange how come I bought a load of coins on it fine and sold a bunch of coins on it fine for profit later? So the buying side worked and the selling side worked... kind of confused. Have you actually *used* it mr fudster? Gliss, in light of this new market cap exploit, but since they are playing by your rules which you dont want to bend. May i suggest a "cure" for this nonsense ?
Since clearly the main issue here is that prices are coming from single exchange for each of the coins in question NXT and MSC and these exchanges although in question I see they are indeed public as you say and that is why they are granted a spot on coinmarketcap
What i am suggesting is
Green highlight through coins like BTC , LTC , PPC, NMC and a like and reserve green for price feeds with trusted |MULTIPLE exchanges such as MtGOX, Btc-e, Vircurex, Coinbase, Bter and so on..
Yellow could be reserved for coins which are traded only on ONE reputable and then one or more new exchanges and could indicate that it is susceptible to market price manipulation as it is not well distributed.
Red would show that this coin is traded on its own dedicated exchange and could be easily faked with out anyone ability to verify or prove it.
You can also have filters at the bottom to filter all but green or yellor or red and display only those coins for ppl who want to take larger risk
what i am suggesting is not perfect, but i think it will give us a fighting chance against this type of exploit as we go forward. I see some new coins starting with 3-4 exchanges to show more trust in them and even grouping with other shitcoins to offer more then one on their scam exchanges to cross manipulate them and thus buffing up coin market cap to attract new real money. With out a clear filtration system for this we are putting new members of crypto community in harms way.
Merry Christmas
More hyperbole and drivel for a delusionally fabricated problem. Keep it coming. Haha. Laughed hard at that one. |
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NXT is heavily undervalued right now. It should be above Mastercoin for sure. And we have much more community support and spirit over at nextcoin.org than they do on the mastercoin forum.
This coin has legs. The NXT devs don't sit around planning and discussing things for 6 months and drawing pretty pictures etc whilst nothing gets done... they follow agile development - get the product out there 'in the wild' and keep refining it til it's perfect.
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3. The system were full of bugs. The client I installed never ran properly more than 24 hours.
I had to delete the .nxt or re-download all client and block chain files to fetch the latest block info every time I restart computer.
And the block chain update progress always got stuck.
Not to saying the super user with huge amount of coins or negative number of coins.
Bitcoin had bugs once you know. It's years old now. Please note, NXT is built on a totally new codebase with different concepts. Do not compare it to Bitcoin clones which have only a few tweaks or deviations from the Bitcoin codebase. |
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Bitcoin - a total scam?
Satoshi mined one million Bitcoins in the first year. Must be a scam right?
Grow up plz. Sure, if in a year from now NXT hasn't become a fully functional cryptocurrency call it a scam but the signs so far are extremely encouraging and the market as a whole obviously sees that which is why the value has soared so much on dgex.
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The whales are buying up a lot of NXT today on dgex.com
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+1. I'm liking a lot how the community rallied back from the attack stronger than ever.
Don't relax too much. The storm is imminent... Good point. We mustn't be complacent and should keep trying to strengthen the network. |
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When using the API, what's the difference between balance and effectiveBalance?
My effectiveBalance still shows 0 even though have over 3000 coins in my balance and the associated transactions have around 400 confirms. This is what I'm seeing exactly:
{"balance":325200,"effectiveBalance":0,"unconfirmedBalance":325200}
"unconfirmedBalance" is the balance minus all unconfirmed sent transactions. It doesn't include double-spending and unconfirmed received transactions. A user sees the unconfirmed balance in the client. |
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