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Author Topic: Why is NXT not the number 2 coin?  (Read 16878 times)
Hachoir
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January 20, 2016, 08:17:47 AM
 #261

It's pretty simple, it lacks adoption.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Richard1972x
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January 20, 2016, 08:35:54 AM
 #262

It's pretty simple, it lacks adoption.

Problem is a lot of things have failed to get adoption. Think about the Alias-system. Or the Monetary-System. Or the Market Place.
So the Mission to be the “Nxt Bitcoin” overall was not successful.

But what works very well is the user-friendly client and the Asset Exchange, where are a lot of Assets are active. This are the two main reasons I still see potential for Nxt to get into the Top 10.

Probably the new functions from the new client also will help like Account control.

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January 20, 2016, 08:44:58 AM
 #263

The correction of the block times to 1 minute and the addition of anon features will help too.

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January 20, 2016, 09:58:29 AM
 #264

The correction of the block times to 1 minute and the addition of anon features will help too.

When will this be introduced? Also, thanks for the heads-up.
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January 20, 2016, 10:05:50 AM
 #265

This will come with the activation of the new protocol, which will be after the hard fork occuring tomorrow.

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January 20, 2016, 12:47:19 PM
 #266

This will come with the activation of the new protocol, which will be after the hard fork occuring tomorrow.

Cool bananas  Shocked
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January 20, 2016, 01:20:00 PM
 #267

And don't forget about Coin Shuffling, "a fully decentralized coin mixing, to improve account privacy."
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January 22, 2016, 05:03:35 PM
 #268

And don't forget about Coin Shuffling, "a fully decentralized coin mixing, to improve account privacy."


what's wrong with bitmixer?
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January 22, 2016, 05:16:33 PM
 #269

And don't forget about Coin Shuffling, "a fully decentralized coin mixing, to improve account privacy."


what's wrong with bitmixer?

Fees!

Nxt official forum at: https://nxtforum.org/
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January 22, 2016, 05:54:17 PM
 #270

So to shuffle BTC using Nxt platform, one buys superBTC assets on the asset exchange, uses the coinshuffle feature, then withdraws with the supernet client ? Or also deposits BTC with supernet, uses the coinshuffle feature then withdraws

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January 22, 2016, 06:29:35 PM
 #271

I see 2 problems with NXT

First there needs to be more marketing to grow the community

Second there needs to be less circle jerking about CoinShuffle and more work on integrating the best anonymous technology available for SuperNet today, which is CryptoNote (https://github.com/cryptozoidberg/boolberry/commit/14eba55b4a496f2f04f5ad33891fe9f172b7d3db). The API work has already been done on the BBR side. SuperNet needs to stop pumping NXT (Coinshuffle) and BTCD (telepods) and integrate BBR already.
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January 22, 2016, 06:41:18 PM
 #272

Wtf circle jerking are you talking about that's stupid I don't do that it's crap keep that shit for yourself I'm pointing out the process

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January 22, 2016, 07:38:02 PM
 #273

I see 2 problems with NXT

First there needs to be more marketing to grow the community

Second there needs to be less circle jerking about CoinShuffle and more work on integrating the best anonymous technology available for SuperNet today, which is CryptoNote (https://github.com/cryptozoidberg/boolberry/commit/14eba55b4a496f2f04f5ad33891fe9f172b7d3db). The API work has already been done on the BBR side. SuperNet needs to stop pumping NXT (Coinshuffle) and BTCD (telepods) and integrate BBR already.

care to explain how cryptonote works vs the others like monero/dash?
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January 22, 2016, 10:10:35 PM
 #274

And don't forget about Coin Shuffling, "a fully decentralized coin mixing, to improve account privacy."


what's wrong with bitmixer?

Bitmixer is a centralized service, requiring you to trust them with your money. And pay fees yes.

"Our business model relies upon having an outstanding reputation in the Bitcoin community. If you have any doubts, you can mix your coins step by step using small amounts. Our proprietary Bitmixer code ensures that your previous coins will never be mixed with new ones."

NXT Coin Shuffling is done on the blockchain, no trust needed.
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January 22, 2016, 11:45:22 PM
 #275

I see 2 problems with NXT

First there needs to be more marketing to grow the community

Second there needs to be less circle jerking about CoinShuffle and more work on integrating the best anonymous technology available for SuperNet today, which is CryptoNote (https://github.com/cryptozoidberg/boolberry/commit/14eba55b4a496f2f04f5ad33891fe9f172b7d3db). The API work has already been done on the BBR side. SuperNet needs to stop pumping NXT (Coinshuffle) and BTCD (telepods) and integrate BBR already.

care to explain how cryptonote works vs the others like monero/dash?

Monero is a CryptoNote coin. Dash uses masternodes to perform a modified version of CoinJoin they call DarkSend
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January 23, 2016, 10:25:14 PM
 #276

I see 2 problems with NXT

First there needs to be more marketing to grow the community

Second there needs to be less circle jerking about CoinShuffle and more work on integrating the best anonymous technology available for SuperNet today, which is CryptoNote (https://github.com/cryptozoidberg/boolberry/commit/14eba55b4a496f2f04f5ad33891fe9f172b7d3db). The API work has already been done on the BBR side. SuperNet needs to stop pumping NXT (Coinshuffle) and BTCD (telepods) and integrate BBR already.

supernet and nxt are seperate entities. supernet utilizes nxt, but is developed by another dev team.

its a cool project, but i dont see why the nxt platform should trust a third party to realize privacy. nxt is and will be used without supernet.
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January 23, 2016, 11:05:20 PM
 #277

I see 2 problems with NXT

First there needs to be more marketing to grow the community

Second there needs to be less circle jerking about CoinShuffle and more work on integrating the best anonymous technology available for SuperNet today, which is CryptoNote (https://github.com/cryptozoidberg/boolberry/commit/14eba55b4a496f2f04f5ad33891fe9f172b7d3db). The API work has already been done on the BBR side. SuperNet needs to stop pumping NXT (Coinshuffle) and BTCD (telepods) and integrate BBR already.

supernet and nxt are seperate entities. supernet utilizes nxt, but is developed by another dev team.

its a cool project, but i dont see why the nxt platform should trust a third party to realize privacy. nxt is and will be used without supernet.

why couldnt nxt just integrate cryptonote instead of coinshuffle?
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January 24, 2016, 05:44:18 AM
 #278

I see 2 problems with NXT

First there needs to be more marketing to grow the community

Second there needs to be less circle jerking about CoinShuffle and more work on integrating the best anonymous technology available for SuperNet today, which is CryptoNote (https://github.com/cryptozoidberg/boolberry/commit/14eba55b4a496f2f04f5ad33891fe9f172b7d3db). The API work has already been done on the BBR side. SuperNet needs to stop pumping NXT (Coinshuffle) and BTCD (telepods) and integrate BBR already.

supernet and nxt are seperate entities. supernet utilizes nxt, but is developed by another dev team.

its a cool project, but i dont see why the nxt platform should trust a third party to realize privacy. nxt is and will be used without supernet.

Is Supernet still being developed on top of NXT?  We gathered that the lead dev is dropping NXT due to some API issues in one of the upgrades.  And that the Supernet lead dev was the one responsible for dumping all that NXT to its lows.

R


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January 24, 2016, 06:15:31 AM
 #279

I see 2 problems with NXT

First there needs to be more marketing to grow the community

Second there needs to be less circle jerking about CoinShuffle and more work on integrating the best anonymous technology available for SuperNet today, which is CryptoNote (https://github.com/cryptozoidberg/boolberry/commit/14eba55b4a496f2f04f5ad33891fe9f172b7d3db). The API work has already been done on the BBR side. SuperNet needs to stop pumping NXT (Coinshuffle) and BTCD (telepods) and integrate BBR already.

supernet and nxt are seperate entities. supernet utilizes nxt, but is developed by another dev team.

its a cool project, but i dont see why the nxt platform should trust a third party to realize privacy. nxt is and will be used without supernet.

Is Supernet still being developed on top of NXT?  We gathered that the lead dev is dropping NXT due to some API issues in one of the upgrades.  And that the Supernet lead dev was the one responsible for dumping all that NXT to its lows.
From my reading of their forums JL7777 backed down from that position and the issue was resolved in roughly 2 days. Supernet is still with NXT unless something new has developed that I missed.
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January 24, 2016, 02:46:36 PM
 #280

I see 2 problems with NXT

First there needs to be more marketing to grow the community

Second there needs to be less circle jerking about CoinShuffle and more work on integrating the best anonymous technology available for SuperNet today, which is CryptoNote (https://github.com/cryptozoidberg/boolberry/commit/14eba55b4a496f2f04f5ad33891fe9f172b7d3db). The API work has already been done on the BBR side. SuperNet needs to stop pumping NXT (Coinshuffle) and BTCD (telepods) and integrate BBR already.

supernet and nxt are seperate entities. supernet utilizes nxt, but is developed by another dev team.

its a cool project, but i dont see why the nxt platform should trust a third party to realize privacy. nxt is and will be used without supernet.

Is Supernet still being developed on top of NXT?  We gathered that the lead dev is dropping NXT due to some API issues in one of the upgrades.  And that the Supernet lead dev was the one responsible for dumping all that NXT to its lows.

As far as I know SuperNET was never developed 'on top of' NXT, but it uses the NXT Asset Exchange a lot for SuperNET related assets and dividends. And since NXT is one of the SuperNET core 'coins', anyone using SuperNET can use the NXT features. At the moment the 'advanced view' of the SuperNET client/wallet closely resembles the NXT client. It's more accurate to say SuperNET is developed on top of BitcoinDark (BTCD).

The disagreement about the (lack of) communication of NXT API changes made the SuperNET dev decide to reduce the SuperNET dependencies on NXT. Sounds sensible imo. There was never any dumping by the SuperNET dev. That was mostly done by some early investor whale known as 'LSUM'.
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