Hi Gliss, Seeing as 13 of the top 20 assets are on the Nxt platform, can we have an option to dsiplay the prices on the asset page in NXT? > http://coinmarketcap.com/assets/I have an idea of what the asset prices are in my head in NXT but I have to convert from BTC (finding the current rate) to see if the prices have change much. It is very cumbersome and not very useful. Thanks  Bump Native prices are on the way, haven't forgotten.  Whoop! |
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I tried to resist but... VOTE NXT !  : https://bitcointalk.org/index.php?topic=1035014.0Taunsew's strategies are being used so it would be best not to get drawn into an opinion based back and forth. Just keep your banter factual and ask for facts in return for any assertions. And don't take it too seriously |
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Well, I own both, but yesterday I downloaded NXT client, and Im still downloading the blockchain... Average person wouldnt care. People who spend 2 hours a day on computer would have to download it for week.  Average person would use one of the webwallets > no blockchain to download, just username/password login E.G. https://wallet.mynxt.info/ (is available in Apple and Android flavors of App for your smartphone too) |
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will the technology tree ever be updated?
Devs aren't in charge of the tree website, it's a community project QBTC runs the website, I want to update the tree. I'll try contacting her again. there is defiently room for improvement QBTC has got back to me. She is putting together a plan to smooth out the update process. Once that is done, I will be taking suggestions |
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So you are down to crowdfunding... or platforms like NXT.
Did you know you can do trustless crowd funding in Nxt's Monetary System? i.e. Say you want to raise 200k NXT with a deadline in 30 days time. People put up the money bit by bit and it is all held by the protocol (a trustless escrow). The dev can't run away with it part way through the process. When the deadline comes, the protocol checks if the amount raised is 200k or more. If it is, the 200k NXT is released to you for your successfully funded project and tokens representing a stake in your project are sent to the funders (optional, I believe). If less than 200k, then all NXT are returned to those who sent them. All trustlessly and all for a cost of 40 NXT |
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Nxt has blockchain pruning on testnet as we speak. How many others are actually making progress towards this? Play a game: i) Find a "Nxt is a s c a m" thread ii) Find an accusation that has some 'facts' you think you can check iii) Try and verify this for yourself (i.e. Do your own research) iv) Report back anything that isn't baseless assertions, repeated ad nauseum Then do a quick scan around for features that Nxt has TODAY on mainnet that have been released consistently over the last 18 months (Asset Exchange, decentralized ebay (Nxtfreemarket), create your own crypto/retail voucher/trustless crowdfunding (Monetary System)) that others are only talking about or have poor quality alpha/betas released. And then, come to your own conclusion on whether you think Nxt is a scam Good news about ESMA, shows we aren't the only ones who see Nxt as the leading crypto asset exchange platform (Nxt dominates the top 20 assets, I think 75% are Nxt assets at last count) |
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A better solution is to approach problems differently such that negative proofs are not needed in the first place Huh? Proof of the negative is fundamental to ownership. I must prove that I haven't sold my car previously before before selling it to someone else. Bitcoin itself is completely setup around proving a negative. It is all about the Unspent Transaction Output Set. Unspent = proven that spending hasn't happened yet. How can you hand wave and say that in all cases for all things proving a negative is not needed, and just be more creative? A strange concept/wording. I thought logic dictated you couldn't prove a negative. I would interpret unspent = proof of ownership (proving a positive) |
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Hi Gliss, Seeing as 13 of the top 20 assets are on the Nxt platform, can we have an option to dsiplay the prices on the asset page in NXT? > http://coinmarketcap.com/assets/I have an idea of what the asset prices are in my head in NXT but I have to convert from BTC (finding the current rate) to see if the prices have change much. It is very cumbersome and not very useful. Thanks Bump |
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Provide something that hasn't been seen in crypto before.
If it is useful, sooner or later it will be reflected in the price.
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It is possible to create a coin within Nxt's Monetary System. You don't have to worry about securing the coin (running nodes, persuading others to run nodes, code reviews and updates etc). You then can just concentrate on your business aims. Once you know the outline of Monetary System, we can fill in the details of how to get 100k euros into the system. For introduction: https://bitbucket.org/JeanLucPicard/nxt/issue/205For How to guide: https://wiki.nxtcrypto.org/wiki/Monetary_SystemLet me know if you have any questions P.s. I think you will find there are very few (if any) institutional investor threads.. |
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I thought as much What use cases do they plan to have for this in Bitcoin? |
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The point of Factom is to profit from a Factoid pump-n-dump.
The rest is handwaving and obfuscation.
There are much better ways to do proof of existence and if the Factom team cared about building a quality product instead of executing a P&D they would have used those instead.
Can you define proof of existence? Is it storage of small bits of data on the blockchain? |
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If I understand you correctly, you are basically objecting to the term "ICO/IPO."
I'm not trying to be difficult. I'm new and don't really know much about NXT. I'm just trying to understand what you're saying.
Yes, IPO/ICO are terms that have significant baggage and used to evoke an emotional response (negative in the case of crypto). Like bureaucrat and public servant, you could say they are the same but the public servant would probably object as bureaucrat has negative connotations |
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Looks like I need to update my NXT software too. I'm still running on 1.3-something.
P.s. You can download a bootstrap blockchain from peerexplorer.com if you can't copy your nxt_db folder across to the newest version. |
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Sorry to break this to you but if you're not running 1.4.x, you are on a fork. So any forging you might have been doing will disappear when you update. I am not a Nxt dev Not even one of the founding 73 (~103). I defer my opinion to someone who I think is year's ahead of the curve at the moment.. The humankind knows several ways to counteract Sybil attack and all of them can be categorized into two distinct groups - centralized certification and resource testing. BitShares uses an interesting approach, it's an alloy of the both, people can do their own certification and trust becomes a resource here. Quite often alloys have better qualities than their separate components, you guys should spend more time on formalization and analysis of your method to get rid of big part of accusations voiced upthread. Perhaps you could borrow some stuff from http://www.math.cmu.edu/~adf/research/SybilGuard.pdf, that paper sounds similar to BitShares delegates without bells and whistles. Bitshares merges resource testing (POS) with centralization (voting for 101 delegates). I am not convinced it is anything different from the system we have today. It introduces politics onto the blockchain (expect more arguing and FUD for votes) and couldn't it be said that today's world is effectively run by 101 powerful entities? Bitassets are derivatives contracts reliant on the bitshares network. In Nxt, I promote assets as risk^2 for this reason: if the network fails you are left with nothing (not necessarily true for Multigateway however). In Bitshares, they were promoted as the opposite. The network fails, you have nothing. If there is any fear of systemic failure, the bitassets market starts to break down. Why accept or buy something that is denominated in something that might not be here in a week/year? I don't like crypto's with inflation. While clunkier, a direct link between work done and payment in bounties seems a better system. So suffice to say I have never bought any BTS. CfB is interested in this mixed approach, and with Vitalik publishing his thoughts on 'cryptoeconomic security' and BCNext above stating that maths alone isn't enough, I think we will see more discussion in this area and that it is a tenant of Economic Clustering (you pick the node you bootstrap from because you trust them and have a economic incentive to be on the same chain to be able to transact with them). You have more direct control of who you choose to trust by nominating them for your node, BTS requires you to accept the majority even if you voted for none. If you are going to introduce 'cryptoeconomic' rules using trust as a resource, I prefer Nxt's approach where you have 100% direct control of that element. But I am not a dev and I am trying to see through the fog into the future as much as anyone. I could be wrong in my interpretation. |
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Sounds very BitShares-ish. I could find a number of heated debates that pre-date Bitshares being capable of being a platform of sorts but lets not go down that road |
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LOL. "Idolized" was probably too strong a word but it's clear from his posts that he definitely admired Satoshi:
Yes, he has a project in mind that requires 'special conditions for it's existence'. He hoped BTC would provide these but saw that Bitcoin had failed by becoming corrupt by people interested only in fiat so he developed Transparent Forging as a fix. You should never be able to become a millionaire forging Nxt otherwise, by the same comparison, Nxt would have failed. You forge in Nxt because you want Nxt to persist and grow and you want to see the emergence of an economy based on Nxt's toolkit. Below u'll find the 3rd part of Transparent Mining essay, the 1st and 2nd parts r available here - https://bitcointalk.org/index.php?topic=364218.0 and https://bitcointalk.org/index.php?topic=458036.0. The essay is based on text written by BCNext, I paraphrase it in my own words to protect BCNext's real identity against text style analysis (as was agreed).Bitcoin was a genious invention but implementation became corrupted by people whose aim was to make money, not bitcoins but dollars. BCNext was working on a project that required special conditions for its existence, he hoped that Bitcoin would change the society and prepare ground for the project. Half a year ago it became crystal clear for him that Bitcoin, as an idea of trustless money, had failed. A fix was required and it came in the form of Transparent Mining. "Transparent" is the key word here, it changes focus from "trust no one" to "don't let to cheat", because any cheating becomes obvious very soon (as soon as allowed by network latency). Nxt is just a work-around, it was launched to win more time and to conduct an experiment that was supposed to show if the society is ready for the main project of BCNext. He thinks that society can't be completely decentralized, and Nxt will let to measure level of decentralization after which a society can't function as a whole. Bitcoin relies only on math, but math can't solve problems arising because of illogical nature of the man. Mining in Nxt relies on cooperation of people and even forces it. Without cooperation Nxt becomes weak and can be easily attacked. It's like a system in unstable equilibrium, if people stop to care about cooperation then Nxt will fail very fast. *snip* Speaking of toolkit, businesses are being targeted.. [plugitty-plug-plug] http://bitcoinprbuzz.com/bitcoin-alternative-nxt-announces-upcoming-release-of-nxt-version-1-5-the-complete-toolkit-for-business/ [/plugitty-plug-plug] |
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