Conference San Francisco in a monthhttp://www.coinsumm.it/I am trying to get a speaker for discussion: Decentralized Applications - the future of Bitcoin and virtual currencies?
VItalik Buterin, Ethereum.org, Anthony Di Iorio, Ethereum.org, Brock Pierce, Mastercoin Foundation
Moderated by Adam Levine, Let's talk Bitcoin We really need someone to be there  I wrote them asking why there is no mention of NXT, and got this response: ********************** From: Pamir Gelenbe, pamir@coinsumm.it Hi ******, Thanks for reaching out. We would love to have NXT involved. I met Piotr from the NXT community in Berlin last week. How can we get you guys involved? Thanks! Pamir ********************** So it will be really good if someone goes there (it a pity I'm on another continent...)! Yeah, "Piotr" is me  So good news then. I actually sent email to Pamir before the conf when I was preparing for it. So yes, he mentioned this and invited us in Berlin to San Francisco Nxt message from Pamir: Great stuff. I would be happy to have one of you as a speaker.
We are also open for sponsorship if you guys want to make a big splash.
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Conference San Francisco in a monthhttp://www.coinsumm.it/I am trying to get a speaker for discussion: Decentralized Applications - the future of Bitcoin and virtual currencies?
VItalik Buterin, Ethereum.org, Anthony Di Iorio, Ethereum.org, Brock Pierce, Mastercoin Foundation
Moderated by Adam Levine, Let's talk Bitcoin We really need someone to be there I wrote them asking why there is no mention of NXT, and got this response: ********************** From: Pamir Gelenbe, pamir@coinsumm.it Hi ******, Thanks for reaching out. We would love to have NXT involved. I met Piotr from the NXT community in Berlin last week. How can we get you guys involved? Thanks! Pamir ********************** So it will be really good if someone goes there (it a pity I'm on another continent...)! |
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Okay guys, I have serious issues in my life right now, thus I'm offline until April! - NXTarea.com will stay like it is right now. - nxtion.com goes offline and links to NXTarea.com - NXTvote.com goes offline and links to NXTarea.com - NXT777.com is on pause and links to NXTarea.com - NXTgates.com is on pause and links to NXTarea.com - coinarea.net link to NXTarea.com - tipNXT will stay online, because I don't have to take care of it. It will run on itself like it is right now. You can still use it. - wallet.nxtarea.com:7874 will stay online, it's quite a hassle but the client runs smooth and I can take the 4 minutes every few days/weeks if a new client is there. I can't work anymore on Nxtchg.com with jefdiesel, msin and voldemort. I can't work anymore on nxt.org with BitVenturer. I'm sorry guys! I gave Damelon and TwinWinNerD full permission for everything for the subreddit /r/Nxt! I will come back in April and if everything works fine I can submit far more time then. I hope that you all will give everything to make Nxt a success! I'm looking forward to April and a hopefully 10x more valuable Nxt.  Best of luck with the real life issues! And thanks a low for your awesome work! |
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I'm interested, please count me in.
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Is it possible to issue fees for the AE? For example if Person A wants to buy 500 Assets and Person A pays 500 NXT for them, will it be possible for me as the asset owner to issue a fee of 5 NXT for this transaction?
Could anyone translate this in Russian? Можно ли назначать сборы в АЕ? Например, если А хочет купить 500 акций, и А платит 500 NXT за них, могу ли я, как "хозяин" акций, назначить сбор в 5 NXT за эту сделку? |
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more logos!  Yeah, at first site I thought it was beautiful; but then, don't you think it looks like a sort of insect (head on the left side)?.. |
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- has to have a client
- this costs nothing
- risks all his stake if the client is malicious
- this can be prevented with some forethought... which costs nothing
- risks his hardware if the client is not secured against malicious attacks
- risks his hardware? This is quite far-fetched and highly unlikely. It reminds me of the StuxNet virus, which made Iranian uranium-enrichment centrifuges spin until they burned themselves out. But I know of very few "malicious attacks" that can fry my home PC.
- has to pay the electricity bill
- this is a sunk cost. The forger already has an electricity bill, and as has been stated countless times, the cost of electricity for running a Nxt node is very low.
- has to pay for the hardware/renewal of such
- this is generally also a sunk cost, since people can forge on existing hardware... except for folks who have bought a Raspberry Pi: they're out $50. Anyone who has spent $5000 on a spiffy Nxt forging rig should be a little embarrassed.
- has to pay for a place that hardware can exist in
- This is also a sunk cost. You already have a place to exist in, which you generally share with your hardware. And your hardware isn't that big.
- has to pay for the bandwidth he contributes to the network
- This is also a sunk cost, since you already pay for bandwidth. And you can still forge if you don't advertise your node address, which minimizes bandwidth usage.
- has to implement security measures (attacks, heat etc.)
- "heat security"? I don't even know what that means. As for other security: most people already have an edge firewall protecting their local network. People who don't use any form of security for their home setup are far more exposed already, for their existing hardware (PCs, etc.). So we're at "sunk cost" again.
As your reply shows, you have no idea how precious time and other resources are and how computing works nowadays. Nothing of my previous points is far-fetched or completely impossible. Furthermore, you just provide many relative arguments: of course forging is cheaper than mining. So what? Cheaper means not: no time, no hardware, no place etc. It still costs something. Compensation is therefore legit. Agree with ChuckOne. Look also at the example of bittorrent: the torrent trackers had to use rating systems and such, just because otherwise there would be too many leechers for too few seeders. That's not because it costs anything (at least in free countries like Brasil, where there is no risk that you could get prosecuted for that) just to leave the client open, it's because people just don't care about it. There are so many things to care about in this life, so it's better to offer at least some reward if we want that people invest some attention to the network maintenance. |
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Интересно, чего это за гипер-мега закуп FTC на btc-e?.. Аж на 600 BTC ордер стоит.
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Pelo que entendi, não é grave, nem é muito problema. É o módulo de saque/BTC da MtGox que estava mal escrito. Por isso alguns fraudadores conseguiam retirar BTC de lá, fazendo parecer que haviam duas retiradas em vez de uma. Aí se queixaram com o suporte técnico, e a MtGox "devolvia" a grana pra eles. Até que o problema foi descoberto, muitos BTCs já se foram... Eu me pergunto, será que a MtGox ainda tem BTCs suficientes para devolver se todo mundo resolva cair fora?.. |
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Like it or not, most people are selfish. These words from BCNext mostly apply to some ideal world, not ours. IMHO.
I think selfish is a wrong term, I and a lot of people want to make money/business on a new revolutionary way: Cryptocurrency. What is selfish about that? Then every business is selffish, it is always about making money and provide food and shelter for your family. Reward the forgers and youw ill get a lot of forgers! I tink all these are ideas are interesting and fascinating, but very hard to understand for Average Joe... And me. Yes, "selfish" is probably a bit too strong; but, in fact, we agree in essence. It is quite normal for people to expect a reward for resources invested. And this reward should be immediately convertible to food and shelter money for one's family, which (I mean, the family ) is the most important thing in the world. So it is natural that a forger expects some profit, and that's why the fees should stay, in one way or another. |
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Just read the " Proof-of-Learning" article, where "learning" is a bit of a misnomer, but this is already a way of getting a huge adoption. I disagree that even with the "idealistic" setup, it will be restricted. People will play with the "rules". If you go by the "Proof-of-Learning" model, you could still get huge returns on just running memes. Thanks for the link! But I doubt that such a thing could really work - too many abuse possibilities... Also, this If say 1,000 different humans read the published content to completion, then the content now has proof-of-value. At that point the content creator gets issued 50 tokens. would mean that (almost) all scientists (and, certainly, all mathematicians) are doomed in such a system |
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Mining reward is another obsolete part. True reward for supporting Nxt network comes from services that use Nxt. Someone owns a currency exchange and mine blocks to keep his business running. Another one owns a shop and mine blocks to keep his business running. The 3rd person owns a software company that develops programs for Nxt-based services and mine blocks to keep his business running. Selfish miners (those who mine only to earn fees) should be "removed" from the system, they r not interested in success of Nxt and only want to cash-out. If a clone appears such the people will likely jump to another ship, they add very little value to Nxt. All this doesn't mean that we should get rid of fees completely, we still need them as a countermeasure against spamming.
I like the idea, but then, I always liked the idea of "something for something". +1 Like it or not, most people are selfish. These words from BCNext mostly apply to some ideal world, not ours. IMHO. But BCNext explicitly states that clones will fix that problem, which they will. There will be room for clones that will reward the forgers who just want to forge, because there are people who want to do just that. This is what I like about the evolving world of the cryptos. The clone won't be bad, it will cater to a different niche. I say good luck to them and will mean it. But, I am trader and merchant enough to see loads of interesting opportunities for people like me, who want to carve out a niche in Nxt, too The upshot it also that if Nxt doesn't do this, probably someone else will make a clone who does it. I wanted to say that, basically, if something is not interesting for selfish people, then this something cannot become widespread, it is doomed to remain restricted to a small community. Well, I'm afraid it will not work if we say "you have to run a Nxt node for the sake of better world!"... Also, I think that saying "there is a clone that would do what you want" is strategically not good |
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Mining reward is another obsolete part. True reward for supporting Nxt network comes from services that use Nxt. Someone owns a currency exchange and mine blocks to keep his business running. Another one owns a shop and mine blocks to keep his business running. The 3rd person owns a software company that develops programs for Nxt-based services and mine blocks to keep his business running. Selfish miners (those who mine only to earn fees) should be "removed" from the system, they r not interested in success of Nxt and only want to cash-out. If a clone appears such the people will likely jump to another ship, they add very little value to Nxt. All this doesn't mean that we should get rid of fees completely, we still need them as a countermeasure against spamming.
I like the idea, but then, I always liked the idea of "something for something". +1 Like it or not, most people are selfish. These words from BCNext mostly apply to some ideal world, not ours. IMHO. |
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I think it is best for NXT to have multiple purposes.
1 - As a store of value because of its scarcity.
2 - As an intermediate currency between IOUs issued on the asset exchange.
I totally agree with this. |
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Maybe, "BC" means "Beijing, China", who knows?.. |
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Кстати говоря, BCNext что-то сказал на китайском форуме ( www.nxts.info). Интересно, это настоящий BCNext?.. |
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Hoje eu aposto na NobleCoin (noblemovement.com), acho que está com um lançamento interessante.
Compensa dar uma olhada.
Também investi bastante na NobleCoin. E acho que vale a pena continuar investindo na NXT (que, por sinal, não é afetada por este bug de MtGox). |
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missed it, will join next one! Too bad it's always at time we have dinner here. My wife wouldn't be happy if I play...  |
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