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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2756303 times)
User705
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December 28, 2013, 09:29:02 PM
 #10001

What about p2p forging pools? Is that easy to do?
Small NXT holders would be really happy with that.
How would that work without Nxt being divisible and most block fees above 0 are still in the single digits.

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December 28, 2013, 09:30:33 PM
 #10002

Would it ever be possible to make pools of some kind with Nxt?

Probably would help get more people interested if they could be able to generate more Nxt from forging. Instead of the real low balance holders seeing things like having to wait months to generate a block.

For example, I believe 6635869272840226493 is the account of the DGEX exchange(since there are about 415 pages of transactions for them...). They have generated 4,985 NXT in fee's earned up till now because of the balance that is held there. Maybe one could spread it at certain intervals based on how much Nxt was invested per account. Would there be a way to use that thinking in creating a pool of some kind?

Probably not but whateva   Tongue
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December 28, 2013, 09:34:16 PM
Last edit: December 28, 2013, 11:16:05 PM by MessyCoin
 #10003

Hi, hoping for some help please.

Why would I be having problems sending nxt to a different address I've created?

I enter the address, amount, and fee of 1 into the client, then click "send money"
It then says "The money is sent".

But my balance remains the same and no sign of nxt in the other account?

I'm using latest client and block chain seems to be up to date...


EDIT: Solved by changing PC's timezone to to (UTC-11:00) Coordinated Universal Time-11

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December 28, 2013, 09:34:49 PM
 #10004

Would it ever be possible to make pools of some kind with Nxt?

That would be quite easy in fact. We could do it right now.

Just pool all NXT of those looking to pool theirs into one account that is always connected. It would be nice to have deposits and withdrawals automated, of course, but that's just a little web coding.


shouldnt my transaction propagate across the whole network causing it to get included on real chains and orphan chains alike?

That's what I would assume, too. Except when there's a complete disjoint split, where one half doesn't talk at all with the other half.

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December 28, 2013, 09:35:45 PM
 #10005

Would it ever be possible to make pools of some kind with Nxt?

Probably would help get more people interested if they could be able to generate more Nxt from forging. Instead of the real low balance holders seeing things like having to wait months to generate a block.
I imagine it wont really be a big deal because clients in the future will make forging seamless. Everyones wallets will be on their phones and they will just always be forging and there will be no reason all for them not to forge. even if its a 1/1billion chance they may as well, i mean as it stands right now people pay to play the lottery, this way you get entered into a lottery for free.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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December 28, 2013, 09:37:35 PM
 #10006

While we are improving things on nxtalk.org and preparing great changes this forum is already a cosy place for nxt discussions. It's not just a default forum with futuristic logo Wink. Don't forget to check it.

I don't see use for this forum as nextcoin.org is around. Please enlighten me why!

When the next DDOS hits us, you'll know why.
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December 28, 2013, 09:50:34 PM
 #10007

The faucet node seems to be out of sync a few times, will check and develop a solution for this tomorrow (automatic restart if negative balance).

For now it's restarted and able to give out nxt again: http://nxtra.org/faucet
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December 28, 2013, 10:05:26 PM
 #10008

I changed some Btc from a couple days switch mining alt coins into a couple thousand nxt this morning..

I guess it really makes no sense now holding some other alt-coins for diversification, which really offer nothing unique over bitcoin and litecoin, even BTC and LTC now seem a bit outdated after NXT.

Funny how for most people Bitcoin is still something they haven't even touched yet, and it's already outdated Smiley

Seriously? How can you downgrade a technology that's been open source for 4 years and has been tried and tested by many of the world's top crypto-experts, and then compare it to a closed source technology that only a few have been able to peer-review? Seriously, let's not get too ahead of ourselves.

You think there's a reason why Sunny King wasn't able to achieve 100% proof of stake. Has Sunny King voiced his professional opinion on NxT? Or is HE the creator of NxT Roll Eyes

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December 28, 2013, 10:06:13 PM
 #10009

Hello friends,
I have finally completed a brand new profesionally looking introducing video for the Nxt hompage. It took me 6 days and long nights (one day up to 7 AM), but finally here it is:

http://wideo.co/view/1504591387756502643-nxt-generation-of-cryptocurrency

Do not hesitate to comment video now, I can change or improve it before releasing it to the other platforms.

Salsa, I have watched this video several times and I think if is fantastic.  You did a very good job.

I want to question and discuss one part of your video.    This is a very important point and it needs to be correct before it gets mass distribution.

You say 30% of all NXT has changed OWNERS in the first 21 days, and then you compare this with Bitcoin saying only 22% of mined Bitcoin has changed owners in five years.

I do not know if this is really true.  I would like to know how you calculated this number.

I wonder if the true thing to say is that either:

1. 30% of NXT has been moved out of the original genesis block accounts to other, new accounts (maybe still owned by the same genesis block owner) ; or

2. The total volume of NXT exchanged at DGEX in three weeks is over 300 million NXT.

One or both of these statements can be true without 300 million NXT going from the genesis block founders to new owners.

You are trying to say that NXT coin is being freely distributed among the people.  We all want that because it is an important step for NXT to gain credibility as a true currency.  But I do not know how we can say yet that 300 million NXT is in the hands of people that had zero NXT a month ago.

So... please discuss.  What is the source of your facts about 30% of NXT changing owners?







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December 28, 2013, 10:14:23 PM
 #10010

Hello friends,
I have finally completed a brand new profesionally looking introducing video for the Nxt hompage. It took me 6 days and long nights (one day up to 7 AM), but finally here it is:

http://wideo.co/view/1504591387756502643-nxt-generation-of-cryptocurrency

Do not hesitate to comment video now, I can change or improve it before releasing it to the other platforms.

Salsa, I have watched this video several times and I think if is fantastic.  You did a very good job.

I want to question and discuss one part of your video.    This is a very important point and it needs to be correct before it gets mass distribution.

You say 30% of all NXT has changed OWNERS in the first 21 days, and then you compare this with Bitcoin saying only 22% of mined Bitcoin has changed owners in five years.

I do not know if this is really true.  I would like to know how you calculated this number.

I wonder if the true thing to say is that either:

1. 30% of NXT has been moved out of the original genesis block accounts to other, new accounts (maybe still owned by the same genesis block owner) ; or

2. The total volume of NXT exchanged at DGEX in three weeks is over 300 million NXT.

One or both of these statements can be true without 300 million NXT going from the genesis block founders to new owners.

You are trying to say that NXT coin is being freely distributed among the people.  We all want that because it is an important step for NXT to gain credibility as a true currency.  But I do not know how we can say yet that 300 million NXT is in the hands of people that had zero NXT a month ago.

So... please discuss.  What is the source of your facts about 30% of NXT changing owners?


The source is here, I only remember that in first days, there were more than 50 millions sold, in the forums, for a bargain prices Cheesy

https://bitcointalk.org/index.php?topic=345619.msg4107001#msg4107001

+ Bitcoin data come from the web

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December 28, 2013, 10:14:36 PM
 #10011

There's a small mistake in the beginning of the video.

Approx. at 0:10 the narrator says: "...called Bitcoin, but it was too SLOWLY..."

It should be "...called Bitcoin, but it was too SLOW..."

also when referring to Bitcoin:
"Bitcoin and his clones", shouldn't it better be "its" instead of "his"?
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December 28, 2013, 10:14:52 PM
 #10012

You should post in the video that NxT's are going for 500,000% of what they sold for by the original democratically selected stakeholders. And then stress that in a month or two, you'd have to use Mega percents because that's how rocket fast this is growing! Grin

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December 28, 2013, 10:17:07 PM
 #10013

You should post in the video that NxT's are going for 500,000% of what they sold for by the original democratically selected stakeholders. And then stress that in a month or two, you'd have to use Mega percents because that's how rocket fast this is growing! Grin

it is a nice profit for that risk.

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December 28, 2013, 10:19:35 PM
 #10014

You should post in the video that NxT's are going for 500,000% of what they sold for by the original democratically selected stakeholders. And then stress that in a month or two, you'd have to use Mega percents because that's how rocket fast this is growing! Grin

it is a nice profit for that risk.

Yes, for $4,000 worth (21 BTC in October-Nov) of risk split between 73 people that received 1,000,000,000 (1 Bil) of Nxts.

Easy to say for people on the other side, but for those who are looking to get in, you should have a little empathy.

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December 28, 2013, 10:25:40 PM
 #10015

You should post in the video that NxT's are going for 500,000% of what they sold for by the original democratically selected stakeholders. And then stress that in a month or two, you'd have to use Mega percents because that's how rocket fast this is growing! Grin

it is a nice profit for that risk.

Yes, for $4,000 worth (21 BTC in October-Nov) of risk split between 73 people.

Easy to say for people on the other side, but for those who are looking to get in, you should have a little empathy.

How is some people making a profit in what is basically an IPO hurting people who didn't invest?

They didn't invest, so aren't losing something, nor are they forced to invest now.

If they choose to invest, that is their business and their choice.

I have a hard time figuring out what your point is other than in your opinion "it isn't fair".

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December 28, 2013, 10:28:47 PM
 #10016

You should post in the video that NxT's are going for 500,000% of what they sold for by the original democratically selected stakeholders. And then stress that in a month or two, you'd have to use Mega percents because that's how rocket fast this is growing! Grin

it is a nice profit for that risk.

Yes, for $4,000 worth (21 BTC in October-Nov) of risk split between 73 people that received 1,000,000,000 (1 Bil) of Nxts.

Easy to say for people on the other side, but for those who are looking to get in, you should have a little empathy.

some look the finger, some look the moon (alias, asset)

keep your tears for cry later.
starik69
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December 28, 2013, 10:29:50 PM
 #10017

You should post in the video that NxT's are going for 500,000% of what they sold for by the original democratically selected stakeholders. And then stress that in a month or two, you'd have to use Mega percents because that's how rocket fast this is growing! Grin
You are pathetic Grin
ZeroTheGreat
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December 28, 2013, 10:30:13 PM
 #10018

Would it ever be possible to make pools of some kind with Nxt?
Why not? Same basis: transactions.
pinarello
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December 28, 2013, 10:30:38 PM
 #10019

You should post in the video that NxT's are going for 500,000% of what they sold for by the original democratically selected stakeholders. And then stress that in a month or two, you'd have to use Mega percents because that's how rocket fast this is growing! Grin

it is a nice profit for that risk.

Yes, for $4,000 worth (21 BTC in October-Nov) of risk split between 73 people that received 1,000,000,000 (1 Bil) of Nxts.

Easy to say for people on the other side, but for those who are looking to get in, you should have a little empathy.


You are one of them guys who’s think when you persistent enough people going to buy it.

You don’t need to push your ideas on to people let them decide for themselves.

I know it hurts you wasn’t there from the beginning, but hey you bought in after all and still a bargain. So stop your nonsense.

Now let’s get over it together and lets us cheer NXT to da moon !

Pin

relm9
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December 28, 2013, 10:30:57 PM
 #10020

You should post in the video that NxT's are going for 500,000% of what they sold for by the original democratically selected stakeholders. And then stress that in a month or two, you'd have to use Mega percents because that's how rocket fast this is growing! Grin

it is a nice profit for that risk.

Yes, for $4,000 worth (21 BTC in October-Nov) of risk split between 73 people.

Easy to say for people on the other side, but for those who are looking to get in, you should have a little empathy.

How is some people making a profit in what is basically an IPO hurting people who didn't invest?

They didn't invest, so aren't losing something, nor are they forced to invest now.

If they choose to invest, that is their business and their choice.

I have a hard time figuring out what your point is other than in your opinion "it isn't fair".

He just wants to buy NXT cheaper. Tough luck for him.
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