any comments?  Make Nxt Your Blockchain: An Invitation To Universities and Academic ResearchersTho whom it might concern, Properly implemented decentralized networks offer the ability communicate and transact securely with anyone anywhere. This capability allows users of properly implemented decentralized networks to move value and information in the most efficient possible method. This is important because everyone deserves access to information. Access to information is a basic human right. With rights come responsibilities. Prior to the casting of the Genesis Block of the Nxt cryptocurrency ecosystem, the answers to how to uphold the responsibility of providing access to information to all members of the human race had not been known. The information revolution has followed the same patterns of the industrial revolution: concentration of power, centralization and hierarchical leadership. The primary focus on development of technology has been corporate profit, not providing information access to everyone. Nxt breaks the old profit driven centralized network model with its innovative Proof of Stake cryptocurrency NXT which provides the foundation of the sustainable Nxt ecosystem. The development follows open source protocols allowing review and competition. The leadership of the Nxt ecosystem functions at the edges of the network, driving innovation. As an example of this innovation, the NXT Asset exchange has made the first Dogecoin deposits and withdrawals (accurate to milliDoge!) from an Nxt Asset Exchange Gateway. This capability is developing rapidly to allow nearly instant and anonymous transactions of any asset class between any person. Money is a form of freedom of speech. By choosing to invest in a certain candidate or company, a person is expressing their opinion. By choosing to invest in Nxt, a person is expressing their opinions. These opinions are developing into community based ideals as consensus is reached within the Nxt community. This consensus is important as it allows for voluntary governance. Even before the native voting feature of the Nxt ecosystem is fully developed, voting is occurring in the Nxt community to establish 5 and 7 member committees administering Marketing Funds, TechDev Funds, and Infrastructure Funds. Proper adequate internal controls are established within the Nxt ecosystem by guaranteed transparency in voting, finances, and software development. These funds are managed through a process of Improvement Proposals which are reviewed and Bounties fulfilled for verified completed Improvements to the Nxt ecosystem. The great care taken by the Nxt ecosystem to ensure a holistic approach to implementation of financial cryptography gives major stakeholders easy points of entry to the ecosystem. The Nxt ecosystem utilizes disciplines of Cryptography, Software Engineering, Rights, Accounting, Governance, Value and Finances to deliver an open source ecosystem with several unique features. Nxt Transparent Forging (TF) eliminates the “selfish-mining” that endangers the Bitcoin blockchain and all its clones to a 51% attack. Nxt Asset Exchange (AE) allows value to flow from other unsustainable blockchains and transaction methods into the Nxt ecosystem, as well as enabling crowdfunding kickstarters and micro- transactions. Nxt Arbitrary Messages (AM) allows data APIs to be called and custom applications designed. Two more unique core Nxt features currently under development are the Voting System (VS), which will enable publicly-verifiable democratic voting and the Automated Transactions (AT) which will enable smart contracts and robotics applications not even envisioned yet. The advanced applications that can be built on the core Nxt ecosystem are limited only by imagination. Thirty years ago, no person would have ever imagined that nearly every person on the planet would be communicating with handheld wireless devices. Today this is a reality as the cost of smart phones is within reach of most of the global population. Growth in handheld wireless communication and transactions is exploding, presenting an opportunity for the most efficient and secure networks to succeed. Nxt is the most efficient and secure transaction network available and is secured by the innovative Proof of Stake mechanism, which utilizes minimal energy. Many altruistic motives are at play within the development of the Nxt ecosystem. The goals of making the most efficient, most secure possible transaction network have replaced the legacy banking goals of making as much money as possible. Distributed Autonomous Corporations (DACs) will be built on top of the Nxt blockchain for profit and non-profit, leveraging the competitive advantage of operating on the most efficient secure transaction layer available. This efficiency combined with transparency drives the innovation and development of the Nxt ecosystem. As an example, the Nxt Mobile Applications Company (NMAP, The first Nxt DAC) just successfully closed its first stage of IPO early after overwhelming investor demand. This is a direct invitation to academic researchers, cryptographers, mathematicians, software engineers, accountants and other curious professionals to examine the Nxt cryptocurrency platform for the unimagined possibilities it presents. The Nxt cryptocurrency ecosystem can bring banking and smart contracts to the unbanked at the lowest possible cost and the highest possible security, freeing billions of Dollars/Euros of dead capital resulting from improper or unavailable rights registration. Robots may one day interact with the world through the transmission of Nxt Arbitrary Messages and execution of Nxt Automated Transactions. What can you imagine doing with Nxt? Nxt invites all people to participate in the revolution. Please contact us at: nxtsalsacz@gmail.comNXT Whitepaper: http://wiki.nxtcrypto.org/wiki/Whitepaper:Nxt Nxt scientific papers: Nxt Crypto Review of Curve25519.java & Crypto.java https://gist.github.com/doctorevil/9521116Nxt Network Energy and Cost Efficiency Analysis: https://docs.google.com/document/d/1J8uhdshu9epGRrQHBaloGc4itdvuAHZDAUtNDjOhz-8/edit (in progress) The math of Nxt forging: http://www.docdroid.net/a08e/forging.pdf.html (in progress) What are the economic parameters of Nxt? https://docs.google.com/document/d/1PP4EPNU_4drvFHkXlp29BNTOIEC4-fGqEcqhbId-iIA/pub (in progress) Decentralized internet and Nxt solutions: http://justpaste.it/decentralized-internet+ video: http://youtu.be/RtTWUwRL9mQ (in progress) To learn more: http://nxt.org / http://mynxt.org Nxt Online wallet: https://wallet.mynxt.info / Nxt Clients: http://www.nxtclient.org/ Nxt exchanges: http://cryptsy.com / http://bter.com / http://vircurex.com / http://poloniex.com / http://dgex.com NXT thread on Bitcointalk: http://bitcointalk.org/index.php?topic=345619.0 NXT Source Code: http://bitbucket.org/JeanLucPicard/nxt-public/src |
|
|
|
ok, so wesleyh will create a topic. Move on  |
|
|
|
|
if there was no mention about Nxt in the name of the AE topic, THEN it might be more viral..
|
|
|
|
Cunicula owns 600.000 NXT, but we can consider them as lost, at least for near future. He said some smart opinions, like this: Listen he is really excited about what he is doing and wants it to succeed. You think this guy is in it mostly for the money?
That's ridiculous. The people who are in it for the money allocate 90% of their time to PR and 10% of their time to development.
The fact that PR is not so effective here strongly suggests that money is not the main objective.
(Go look at bitshares or [to a much lesser extent] mastercoin for a comparison)
I just submitted one of his last papers before he left Bitcointalk and Reddit accounts: http://www.reddit.com/r/CryptoCurrency/comments/20e2rk/why_is_cpu_mining_a_very_bad_idea_cuniculas_game/the paper ends: Under this condition (where the miner has no sunkinvestment in the system), there is no way of sustaining the good equilibrium.Implication, restricting a coin to CPU mining is a very bad idea.Exercise for the reader: What does this exercise tell us about proof-of-stake? in the Bitcoin discussion about this text he said how to deal with trolls: Eh, people who are really interested in substance are good at ignoring everything else. |
|
|
|
I think we should be happy, tech committee just got a 1.000.000 donation and nxt cash half million - from a generous donator, thank you  |
|
|
|
|
In a year we will have 4000 coins built on top of Nxt.
Wanna help to get there?
- ignore the trolls that are trolling our devs
- help our devs
- lick us at facebooks and twitters and retweet us
|
|
|
|
Recap:
1. What is Nxt? An ecosystem, encompassing all the features already described, to which the "Nxt" token grants access.
2. Will it be used by mainstream users? As a coin: no way. But then again, the same goes for all cryptos that call themselves openly cryptos. As an underlying infrastructure: hell yeah! It has more than enough potential for that.
3. Is this different from what we were told? I don't think so, but in my previous post I have already established that the same facts may lead to wildly divergent conclusions.
4. Am I blind to the tough times we are having and the lack of direction: nope. I just don't think it's an honest assesment of the four months of work and effort we have put in. Being "headless", this is nót unexpected at all.
Agree, I think this is the likely future for Nxt. I more like Salsacz description - Nxt will the p2p decentralized internet network. There could be hundreds and thoughts of networks like Nxt tunning in the world. Is the Nxt p2p decentralized internet network. and nxt coin is p2p coin in fact I suggest we call nxt coin p2p coin to not be confused with the nxt platform Nxt p2p decentralized internet network. -- Namecoin has never worked because necessity to install browser plugins (or do other things like setting special DNS servers) ruined its brilliant idea at the very beginning. I would like to announce a feature of Nxt that offers a solution to the problem. Nxt will be released on the 3rd of January, 2014. That day will be a day when we make one more step to truly decentralized Internet. By the way, in addition to decentralized DNS Nxt will have decentralized file storage. Nxt client will be hosted on the blockchain, updates will be published from my Nxt account (the same as the generator of the genesis block). I hope my Nxt stake will be enough to push all planned updates. The current version takes the same volume as 1280 payment transactions, that can be quite expensive to pay fees for storing 160 KiB.
Next week we will test a prototype of a decentralized stock exchange built on top of Nxt. The very first decentralized exchange as far as I know.
Then we will test the very first decentralized app store. Then decentralized voting system. You can extend this list, just add "decentralized" and "built on top of Nxt" to any thing that comes to your mind.
Future is already here.
I forgot to mention BcNext's citations when I was writing http://justpaste.it/decentralized-internet - but maybe it's better this way, I used more decentralized methodology, when I wasn't dependent on BCNext's words |
|
|
|
since there was nobody who would sign up to do the bounties fulltime, I decided it was best if I just implemented what I saw best for NXT.
Can we get devs from "the outside" to work for these bounties? this guy already asked me about developing nxt - https://bitcointalk.org/index.php?topic=506298.msg5580139#msg5580139 - , I forwared him to jl777, so I hope so they will have some chat and maybe start covorking on something |
|
|
|
Bitcoin is a protocol, BTC is a coin. Nxt is a protocol, NXT is a coin.
I give a fuck about average beer drinking joe right now. It is still crypto currency stuff. We don't have to please everyone right now. I'm happy to please average computer joe in the coming months.
Would it be easier to call Nxt Nxt and NXT Nxtcoin? Maybe...
well, our Messiah told it clearly, but still, - only "at least now": Nxt has such features as
# Instant transactions ("0-confirmation transactions")
# Anonymity of IP address send transactions & mining blocks (with Tor or the cloud client)
# P2P exchange BTC (with colored coins)
# Faster difficulty changes (adjusted each block)
# Name doesn't contain "coin", "cash", "kash", "money", "dollar", nor "bit" (at least now, Nxt is a codename)
VISA scale volume can be achieved with 32 Mbps connection.
I can not give an answer regarding Zerocoin/CoinJoin now, I am not very familiar with these concepts.
But this has got some history, so the time has changed (but not sure if it is better now ) Hi all ! For new proposed "inflationary" fork of PPCoin, https://bitcointalk.org/index.php?topic=157994.0we need to coin REALLY good name. There are 3 rules : 1) The name of the fork should NOT contain these particles : "coin", "money", "cash", "bit", byte". ( some other disallowed syllables might be added here later ). 2) The name of the coin should NOT be trademarked, registered, copyrighted, or patented. And he also said: Do not trust strangers on the Internet, especially if their nickname is "BCNext". |
|
|
|
Damelon: Thanks to my proposal we are listed here on the side pannel: http://www.reddit.com/r/CryptoCurrency/. What we could do is to complete the reddit campaign Passion was talking about and I was quoting. Funds are in TwinWinNerD's wallet, so if he knows how to do it, he can start.. |
|
|
|
- Start a Reddit Marketing Campaign. The funds weren't allocate to someone of us.
ehm TwinWinNerD is probably our new reddit guy after passions leaving, so here is passion's project that should be fullfilled: salsacz, when nexerns client is published for a few days and we filled the subreddit /r/Nxt with many quality links, I want to start a reddit ad campaign. http://de.reddit.com/wiki/selfservehttp://www.reddit.com/ad_inqI will create pictures, other users can create pictures as well. We get 1000 views for 0,75$. We can target specific subreddits like /r/Bitcoin with 100k user or /r/litecoin with 18k user. But we can also target the whole frontpage. For only 75$ or 1000 NXT we could create 100k views. From interested persons or from every person world wide. I think it would be nice if we can get a minimum of 24.000 NXT for this. I would use 250 NXT per week to generate about 20000 views each week. In the beginning only on cryptocurrency subreddits. Later I would rotate it, so the "normal" ppl see the ad also. This campaign I would run for 2 years. What do you guys think? TwinWinNerD has got 5k Nxt for this now, so it should bring 500k views, if passions numbers were correct. thanks, I sent a little "reminder" to TwinWinNerD reddit was funded weeks ago, problem is with activity of current organisator. The only active Nxt reddit mod is Damelon and only thanks to his summaries. Have we got any other reddits experts? If not, I can learn it too, I just learned how to deal with wiki.org |
|
|
|
Having second thoughts about having such big investment in NXT.
I have yet to see anything useful and now it's becoming an asset?
You can pay by Nxt to get anything other people provide here: http://www.work4nxt.com/(I just need a little more setting to finish the interface, but this is a decentralized gateway for P2P payments, everything what is here: http://www.fiverr.com/ can be also here: http://www.work4nxt.com/ |
|
|
|
|
wow, they have 15 descendants already? Nxt must be suuper, look at it!
|
|
|
|
|
Show Posts
