Ah, so the trust relationship is between the ripple servers. Got it. So, if the server operators (Ripple Foundation, governments, banks?) ever collude to come to a consensus that supports a dishonest transaction, there would be no way to prove otherwise, because the transaction confirmation depends on their consensus rather than a decentralized processing of the blockchain?

So the difference between Ripple and all truly decentralized cryptocurrencies is that all Ripple users have to trust the people who control the servers (i.e. the Ripple Foundation). A true crypto like Bitcoin or Nxt is entirely trustless in operation.

I think there should be an article on this in the Nxt wiki, because once our decentralized exchange comes out, a lot of people will be asking what the benefit over Ripple is.

*EDIT* This post is still rather confused on the issue. jl777 explains further a bit later on.

Please expand?

I'm not a Ripple expert, but I believe the keyword is "distributed". Big difference. If they could claim decentralized, they would. My understanding is that all transactions on the Ripple network depend on trust relationships between gateways, which act as the authority.

Here's an article I found helpful when trying to understand Ripple:
http://blog.coinsetter.com/2013/04/29/virtual-currency-trading-wars-bitcoin-versus-ripple-xrp/

I don't quite understand the strength of this argument. Can you flesh it out? Couldn't some other crypto also implement a decentralized exchange into its protocol and compete to gain market depth based on that + some extra advantage that they claim to have? Also, isn't the argument in favor of Bitcoin already that, due to its network effect, no other coin can compete with it in market depth? If Nxt can compete with Bitcoin's market depth, what's to stop another coin from competing with Nxt's?

I found it handy to reduce the volume of the music in the center of the listening field by 3 dB. This allows the music to be a little louder while leaving lots of room for the voiceover. I can send you the modified file, or you can do it yourself in your DAW. I use Reaper (free to download), and it's really easy to do in Reaper: right-click on the pan control for the track, override the default pan-law and choose -3dB.

+1

And this is already such a great graphic for use with "green" campaigns:

Honestly, I'm not really a fan of the hexagon or the colors.

Everyone take a look at http://www.nxtcrypto.org/ to remind yourself of how awesome our current graphics and logos are.

I like the hexagons standing on a point like this better than lying on a side.

I think like the colors in the original sample textures better. It looks richer.

Also, it would be good to see a circle version as well for comparison, using all of CfB's ideas except the hexagon.

Perhaps a way to combine stats from all exchanges will be better. Nxt is now also on vircurex and likely to be on crypsty soon as well, so this will be important. How is the volume determined for Bitcoin? It looks like it is aggregated from the three largest exchanges at least. A fair representation of Nxt would require similar aggregation, since many people use volume as a major factor in their decisions.

Or were you referring to the music? I used The Arrival by General Fuzz: http://www.generalfuzz.net/tunes.php
NxtChg commented that it sounds like a viagra commercial though, and I think he has a point. joefox's music is a decent neutral background for presenting news, and is enough to create a recognizable atmosphere for the segment.

Good point. This needs to be fixed ASAP. Better yet, combine stats from all exchanges. Shouldn't be too hard to do. Who has made contact with them before?

We should be careful not to paint Doge fans as the enemy. Rather, consider them as future Nxters and treat them with respect. Many of them are probably just reacting to scare tactics from the really entrenched Nxt haters, who are very vocal, but relatively few in number.

Once they learn more facts about Nxt, most Doge fans will probably come around to our point of view.

I did, joefox uses my open and close in the second one, and will use it in all the subsequent ones, but the first one needed a slightly different opening to introduce the whole thing.

joefox's lastest attempt at the one minute spot:

https://bitcointalk.org/index.php?topic=412243.msg4791220#msg4791220

I think he nailed it!

Excellent!

Great!

Some feedback:

"$301/day for securing network" should maybe be "$301/day to secure entire network", or "total cost to secure entire network: $301/day", because I first thought the $301/day was referring to the guy in the boat.

"Don't freeze on Iceland" should probably be "Don't freeze in Iceland". Although maybe it could be either. If referring to a country it should be "in", if referring to an island it should be "on". *edit* so maybe "on" is fine in this case.

When referring to transactions per second, not everyone will understand what "TPS" means. It might be better to actually say "transactions per second".

Regarding the one minute spots on LTB. There's going to be two of them per week, and we obviously can't afford to spend this much time arguing about what to say in each of them. In the interest of moving forward, I suggest we establish a consistent format for these spots, and then commission joefox to spearhead the content creation, with any contributions/suggestions from the community ultimately being decided on by him.

The general feeling from feedback I'm getting is:
a) we don't want it to sound like an advertisement
b) we want to recruit new talent/influencers to the community

In light of this, I propose a mini-news format that all spots follow, with a consistent opening and closing phrase. This will establish a brand for the segment, educate first-time listeners, and encourage regular listeners to consider it as a sort of mini-podcast within the main podcast.

Here is the framework I suggest:
-----------------

OPEN:
This is (insert name) bringing you news on Nxt - the first true second generation crypto.

CONTENT

CLOSE:
For more info, head on over to nxtcrypto.org (that is  n x t  c r y p t o .org).
Stay tuned for more news on Nxt in the next Lets Talk Bitcoin broadcast.

-----------------

I didn't realize he co-owns bitcoinmagazine. Bummer. Still, worth a shot, in the interest of healthy competition!

Anon, I respect what you write about Nxt so much. I hope you'll continue to write material that can be used to educate and recruit new Nxters. Here's a proposal that I hope you'll seriously consider: how about writing an article for the bitcoinmagazine website about Nxt, in the spirit of this Ethereum article:

http://bitcoinmagazine.com/9671/ethereum-next-generation-cryptocurrency-decentralized-application-platform/

I think Nxt needs a presence on this website to compete with the publicity Etherium is getting from them, and few could pull it off as well as you. I suggest that this effort be funded by the community marketing funds.

Salsacz, what do you think?

I'll work on something, but I won't have time to think about it for an hour or two.

I still think your new draft is much too complicated for a 1 minute spot. I think I'm a pretty good representation of an average listener (professional software developer, technically-minded, but haven't delved into the inner-workings of crypto-algorithms), and that paragraph is something I need to mull over, re-read, and process slowly in order to follow your train of thought. Simplifying it in order to make it more digestible in one listen won't insult anyone's intelligence. It might be necessary to break some of the content out into other spots.

Ok, maybe a catch phrase is a bit much, but there needs to be a short definition each week for the benefit of those who are hearing about Nxt for the first time. It needs to be short so it doesn't take up too much room in the spot.