I've been reading some of the posts from the original [ANN] thread and I'm hooked. Just a question about the current dev team though. Is it true that the original developer - BCNext, is no longer involved in the project? And Come-from-Beyond is running things now?
Jean Luc is the lead developer. CfB is still heavily involved. Wesley is the client developer There are other developers involved in some way (l8orre, CIYAM, jl777, ChuckOne, doctorevil, mczarnek, kushti) |
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Really? Great news. Just right time for another pump |
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what is the most you guys seeing NXT being worth in the future? Also on Coinmarketcap.com how come it says 999,997,096 NXT* I thought there were only 1 billion ever created ??
Someone sent some of them to Genesis account -- which is essentially same as destroying them. So 999,997,096 left |
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This shows basic lack of understanding from someone who has never been a programmer. Java is a programming language. It's Oracle's applet (web browser plugins) that has security issues. It's much easier to write secure software in Java than in C. There Is also OPenJDK which is free and open source.
Java remains the most popular programming language for server side. If you have ever used Amazon and Ebay, the server side was run by Java. Almost all banks use Java on server side. So you already use Java as client everyday.
NRS is a server application (it's not a browser applet with security problems). The client side can be written in programming language.
No need to explain what is java, I know. They use only servlets, not the rest. Java is a programming language interpreted by the JVM (java virtual machine) and when you install it or update it, it tries to install a shitty toolbar. What do you mean "not the rest"? They will "use" whatever is needed. There is also open JDK if someone doesn't want to install Oracle's version. http://openjdk.java.net/ By the way, did you know that Gmail is written in Java and compiled to javascript? http://programmers.stackexchange.com/questions/197031/why-does-gmail-use-java-is-there-really-a-advantage-over-something-like-php-orNot to mention all Android apps are written in Java too. Plus twitter has migrated to Java Java remains top 3 most used programming language |
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I see 3 major problems with NXT to become a major payment network.
1> Its distribution to 73 big stakeholders through an IPO.
It will be difficult to justify, a lot of people find this outrageous.
It's already difficult for Bitcoin (62% of survey respondents think bitcoin is a scam).
Didn't seem to hurt bitcoin, much. IPO was open for anyone 2 months on this forum. 2> POS system.
Miners are important parameters in the ecosystem and marketing.
Investors are important to miners and miners are important to investors.
Both Bitcoin and Litecoin had a huge amount of miners on-board before anyone started using it in markets.
This can and has been used as marketing tool. PoW wastes energy. Nxt is green. It will be a pro when it comes to marketing. 3> Java
Probably the worst.
Java is considered bad by many developers. Java is trying to install a shitty toolbar every time you install it or update and it is so insecure.
No open source programmer would ever use it.
Many people don't like Java and they will never add it (I believe it's why mcxnow never added it because it's JAVA client).
C/C++ are languages of choice of the industry. A C++ client should be developped to become something “professional and credible”.
This quote above shows a basic lack of understanding from someone who has never been a programmer. Java is a programming language. It's Oracle's applet (a web browser plugin) that has security issues. It's much easier to write secure software in Java than in C. There is also OPenJDK which is free and open source. Java remains the most popular programming language for server side. If you have ever used Amazon and Ebay, the server side was run by Java. Almost all banks use Java on server side. So you already use Java as a client everyday. NRS is a server application (it's not a web browser applet with security problems). The client side can be written in any programming language. |
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But NXT AE has also released NEM, which is worth more than all the other assets on the AE put together.
This can't be true. I remember sianote (another IPO) made close to 2 million nxt in like 3 or 4 says days, He ended the IPO pretty fast though as he met his goal. NxtAT got close to 2 million Nxt very fast too |
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Auroracoin showed how it can be done, although they ultimately failed for a couple of reasons, the concept is good. Maybe in a decade from now a similar thing will be done with a Bitcoin successor, who knows.
Even Aurora that were distributed were dumped immediately by icelanders and exchanged into btc. So much for adaption. Anything that is distributed to a very large group for free will not have any value. I doubt the idea will ever work. |
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He doesn't mention NXT by name in a speech. He does. I saw the part when some posted it, but I am not going to watch the whole thing to find the exact time. It's not important. Lets move on. |
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Im not sure either of these will make it. They both have huge deficiencies in the fair distribution department.
If that were true, bitcoin would be the most failed coin as it has very bad distribution. Litecoin and peercoin are even worse. "Fair distribution" is total myth since unless you evenly distribute it to all 7 billion humans on earth, everything would be considered "unfair." In the end as bitcoin has shown it doesn't matter as people still buy bitcoin despite the bad distribution where just one person owns 10% and only few dozen own 40% |
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https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/You mean this speech: "I am a bit confused about what you are asking. My fight with Wall Street came about because I became convinced in 2004 that the market's mechanisms for clearing and settling trades had been corrupted by bad elements. It all started there. Hence, the peer-to-peer aspect of Bitcoin et. al. deeply attracats me. I do not know NXT, but I am interested in finding (and even potentially investing in) efforts to create a peer-to-peer capital market. In fact, if a good solution emerges, you might even see Overstock be the first issuer of a stock or bond in such a market, just to help things get going! (Incidentally, we were the first to do a Dutch auction IPO, for precisely that reason.)" Not that one -- it was on youtube clip. Besides, some people from Nxt community were directly in contact with Overstock developers https://nxtforum.org/general-discussion/price-speculation/msg18103/#msg18103These are "rumors too" that affect prices |
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you need to wait for 1400 or so odd confirmations before you can begin forging
1440 |
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You're only referencing today. I'm talking about posts made weeks to months ago. The staggering increase in the price of NXT could very well be due to a combination of factors, but why pretend NEM doesn't have any effect on the price of NXT when its by far and away the most heavily traded asset on the AE?
Yes, lots things happened in past month. I mentioned a few above, but there was also rumors about Overstock assets. CEO of Overstock even mentions Nxt in a speech. Plus many other things, like this: https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/ |
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Don't tell me what to do I'm asking for a reason. I got major bank to throw at nxt myself so shut ur mouth. Is the NXT app in the android store even legit?
No, I think that app isn't working anymore. Just use online site https://wallet.mynxt.info/ if you need to use it on a smartphone. otherwise use fully featured desktop version http://nxtra.org/nxt-wallet/ |
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Good update. Thanks.
As you know the BTT account of Anon who is our escrow is frozen. Did you get chance to talk to him? Can you wait to distribute EXO until his account is release and able to work?
Anon will be back by June 8-9 so this isn't even an issue right now. |
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I do believe Nem stake listing has been good for Nxt, but there are so many other things happening too. Nxt has been in uptrend for a month (assets exchange launched, wesley's client which is one of the best client for any crypto, major bitcoin conference where Nxt was represented, a new very active forum -- again launched by Wesley, PayExo 2014, rumors by CoinTropololis_JustaBit, etc etc). |
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You're saying ONE nxt will be worth over $10 before 2015?
No, one Nxt only needs to be 30 cents to be ahead of litecoin. Litecoin does not offer anything better than bitcoin. It will go down. Nxt offers decentralized asset exchange, decentralized goods store (coming NXT), and tons of other features that if get picked up will shoot up the prices really fast. Imagine porn studios start using digital good store .. that's billions of dollars of business |
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Lol as the bitcoin price goes up litecoin will follow there is no way nxt can over take litecoin. Litecoin will be used for day to day purchases. NXT doesn't sound good u guys need to work on unit names
Nxt sounds way better to me than "Litecoin" . Nxt will be ahead of litecoin before 2014 ends. That's my prediction anyway  |
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Will never be worth more than litecoin. Max price $1 per nxt bitcoin will always be #1
1$ puts it 1 billion marketcap ahead of litecoin current prices. If a company like Overstock issues bonds/assets, the price will go up so fast you won't know what happened. There is still entire world out there who have never heard about crypto, so making claims like "never" doesn't have any basis on facts. |
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I doubt NXT is on any major VC'S radar...I'm not sure. Bitcoin will always be worth more imo
Not yet, but coming soon. It's going to get major traction in six months once it's at #2 ahead of litecoin |
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whos going to want to say NXTquant. From a consumer standpoint that doesn't sound good at all. The unit names matter a lot. NXT doest even use Blockchain technology
NXTquant is abbreviated as NQT -- |
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