An account with 2 million NXT generated 28 NXT... the 50 million NXT guy generated almost 100k NXT lol
The concept is pretty flawed. Whoever gets the most coins makes most coins, how is that different from ASICs on Bitcoin? Someone care to explain?
I think the idea in general was pretty good... but as we can now see itīs only useful for the lucky few who own several million Nxt. More specifically, the 9 people who own 50 million Nxt each. if I understand it correctly proof stake will not be the only way to forge coins. |
|
|
|
how compact a full featured client (inluding distributed application/smart contract features) can be?i tell you: 665kb / 406 kb zipped, yeah!. even if i would add a complete chart engine for AE, the size wouldn't pass 950kb for the executable. (compared to other alt coins clients which are between 20-50 times larger by less functionality) the client is sdi based, means only the center hup starts folded, subcategories unfold on demand. all others windows can be arranged as desired. this saves screen space. atm i am re-composing the gui to adding a native screenshot function to the client, means every important form (like send/balance etc.) has an screen button, dumping the whole dialog content into a clean rendered png image. here is a send funds png created by this function. http://www.nxtexplorer.com/download/send-screen.pnghere is a 1:1 screenshot with offense coloring from the complete app-hub (including a small gui bug) ;-) http://www.nxtexplorer.com/download/nxt-hub-screen.png the user can change the colors later via textfile. atm i am using the dark color scheme, just prefer high contrast and good viewable fonts when acting with funds. some screens can folded or doing this on demand. the client is not ready yet but i am working hard to finish the dev asap. the distributed application/smart contract logic took me 5 days which was planed for AE but i am simply eager to show the first real running protoype by nxt while others concepting. with release, a fully functional quoteboard DNA prototype will be included. during test, the remotly executed and sandboxed DNA sourcecode will be hosted on blockexplorer node but could be located everywhere. AM is used for payment and access signaling. not every workflow is solved for DNA, this needs a little more brainstorming but i am confident nxt will run the first one. great news, when do you expect it to be finished and released? maybe we should also add a countdown on our main page  |
|
|
|
|
any updates regarding nexerms client?
|
|
|
|
|
my nxt sending did not work properly i guess so i send 0.03 btc by
1F5Zy4yBMkX19qHhnZi4Eh79h6BPPHHatp
|
|
|
|
|
blockscan running properly?
|
|
|
|
Why is NXT falling down?
Do you think it will reach 0,00005000 btc again ?
My guess is that it is end of January an we still don't have some sexy client. i think it is market psychology - what i do not think is that it leads to distribution - all the small fishes are selling to the investors again - mass psychology distribution you get by rising prices, when all fish see "the winner coin" and buy when prices are rising btw. regarding competition today is a good day for nxt - ether delayed its IPO by an undefinite time |
|
|
|
Hm... eMunie announced OB1 on 1 February Following is a list of components not enabled for OB1:
Distributed P2P exchange (OB2 scheduled)
Distributed market place (OB2 scheduled)
Final economic model
API calls for the above
Remote admin panel for clients much wow - so they finally designed the economic model? - as an economist I am really anxious to see it. fixing exchange rates is serious hard business if not impossible. the rest lets see in ob2 |
|
|
|
Just like CCinvestor I am a whale waiting to dump but as you do not succeed to produce anything I start dump right now.
I don't believe you are a "Whale", reading from your posts, it seems that you never bought nxt with any of your "7 figure investment". It sounds like you missed the action from Bter and now you are creating this fake mass dump scenario in hope that you can buy in cheap. PLEASE Prove me wrong. i also think he is bluffing because you will not find any worser point to sell than now - after all we know the client will be released within the next 3-5 days, there were very good news from the miami conference etc. the only point I am with him is that we should not get arrogant, there are tons of competitors, nxt has a small first mover advantages, but it is neccessary to keep hard work on |
|
|
|
Status: RESTART Traceback (most recent call last): File "C:\Python33\lib\site-packages\cx_Freeze\initscripts\Console3.py", line 2 7, in <module> File "C:\counterpartyd_build\dist\counterpartyd\counterpartyd.py", line 600, i n <module> File "C:\counterpartyd_build\dist\counterpartyd\lib\blocks.py", line 470, in f ollow File "C:\counterpartyd_build\dist\counterpartyd\lib\blocks.py", line 437, in f ollow File "C:\counterpartyd_build\dist\counterpartyd\lib\blocks.py", line 301, in g et_tx_info binascii.Error: Odd-length string  |
|
|
|
|
regarding the whitepaper of bitshares - they have, if I understand it correctly bitshares, which back bitassets.
how does the backing system in xcp run?
|
|
|
|
I'm thinking XCP will be one of the most illiquid currencies ever after the burn ends.
Your average person who burnt for XCP has no clue how to move the XCP around. This means the majority of XCP will be locked in place because it takes a lot of effort to install everything and move XCP from one address to another.
The actual amount of XCP moving around and circulating after the burn will be a small fraction of all the XCP in exsistence.
jep for almost forever or 12-15 days until the client starts |
|
|
|
I have a proposal.
We remove the counterparty burn address and replace it with the dev donation address.
We treat all donations to the dev address as burnt funds.
If we get a consensus could we not do this?
Which pretty much defeats the whole concept of proof of burn? Its not gonna happen.. The proof of burn concept was to remove the burden of trust. The devs have already demonstrated a working product. We have demonstrated our support for this system by burning almost 1,600 BTC. At this point there is less than 10 days to claim stake, what little is left should be put toward bounties, not destroyed.It will only help the project succeed. If we can put this to a vote, I think we would be hard pressed to find anyone who thinks that it would be better to burn the BTC than to put it toward community bounties and dev support. Even though I like your argumentation, I think it destroys the reliability of the first real proof of burn project. But maybe the developers can tell their point of view |
|
|
|
|
some day it should be user-friendly - no person can handle a real 30+ random character password. for creating, well that is needed, but please make sure that the user gets a way (probably 2-Factor Securitized) Password for day to day usage
|
|
|
|
I just hope this community can pull together and fund at least enough money for PhantomPhreak or xnova to work on this full-time, considering that the other competitors will have plenty of funds to pay salaries.
A rule of thumb was suggested here to donate 3%-5% of burnt XCP, provided devs will publicly display their expenses (like MSC, PTS or NXT do). I think it's a fair preposition, and everyone should consider doing so in their own self-interest. that will be the most interesting part of the project, I will donate at least 10% of xcp over a period of a year - the higher the price in the beginning the more I am willing to donate in the beginning, with a low price in the beginning I'll donate more when the price rises to ensure that they can work properly on the project. |
|
|
|
I couldn't care less about these calculations. I care about the idea NXT represents and that would make NXT a success or not.
Either you want to present NXT as a rich guy's club with some kind of superior technology or you want to present NXT as a network/ movement for free people, for decentralization and against all power government.
Sorry for the spoiler. Before u continue this discussion u'd better to know that PoS is required only during bootstrapping phase of Nxt. I can't reveal details now, u have to wait for the 3rd part of the plan. I think he does not like burning I think isolation makes no sense in the structure of nxt but I think he likes excellence |
|
|
|
|
i wrote something similar in the nextcoin community a month ago
but can you understand the initial investors who do not contribute to the community? I mean guys like klee and one or two other big investors are really giving away bounties and stuff like that - but some are just inactive?
I would say if every early investor would be active as for example klee regarding giveaways etc this project would already be twice as big as peercoin...
Or is there any coordinated behaviour between the initial investors and developers?
|
|
|
|
I can keep my xcp in my blockchain.info to any time in the future if I do not want to use them?
can someone answer me this question? - my bitcoind is crashing all the time and I will probably not have time before the end of burning to fix it. so I want to keep them in the blockchain.info |
|
|
|
|
Show Posts
