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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2752714 times)
Hacer88
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February 07, 2014, 12:47:46 PM
 #30761

Throw some more BTC into Nxt ppl! We're taking back position 5 over doge!  Grin

I have 0 BTC and 1.3M NXT. Should I sell some NXT to get BTC to buy NXT back? Smiley

Yes, please? and tell me when you're going to dump it so i can be ready to buy it at bottom Grin

This just will move the price down and then back. I could sell off-exchange and then buy on BTER...

Still no buyers for your 1.3M NXT?

NXT - NEM - NAS - NFD
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bitcoinpaul
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February 07, 2014, 12:48:08 PM
 #30762

Throw some more BTC into Nxt ppl! We're taking back position 5 over doge!  Grin

I have 0 BTC and 1.3M NXT. Should I sell some NXT to get BTC to buy NXT back? Smiley

BaiMangal
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February 07, 2014, 12:48:39 PM
 #30763

Throw some more BTC into Nxt ppl! We're taking back position 5 over doge!  Grin

I have 0 BTC and 1.3M NXT. Should I sell some NXT to get BTC to buy NXT back? Smiley

Yes, please? and tell me when you're going to dump it so i can be ready to buy it at bottom Grin

This just will move the price down and then back. I could sell off-exchange and then buy on BTER...

Or wait for the AE and then use it in full power haha
coolmist
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February 07, 2014, 12:48:53 PM
 #30764

Weekend project, let's build a DNS system guys!

Here is what I propose, we encode HTML webpages in base64, the base64 is then truncated and sent. the transaction ID's are retrieved and a master file with the locations (and format) of the truncated html is formed. The masterfile is returned and can be used to access the data.

Multiple master files can be formed (due to 1k data limit) and put into one, etc... unlimited amounts of data could be stored this way.

If a dynamic webpage is needed an account could be created and reserved for "hosting" the latest message sent by this account could be the updated website data. Accounts could be used as domain names in a customized browser.

I already have the truncation programs written, but who wants to join me and make this work?

I have a 100k nxt budget for this project (can be increased).

PM me if you are interested.
Come-from-Beyond
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February 07, 2014, 12:49:36 PM
 #30765

Still no buyers for your 1.3M NXT?

There were some but noone could afford to buy all 1.3 at once and I didn't wish to split it.
coolmist
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February 07, 2014, 12:50:23 PM
 #30766

Still no buyers for your 1.3M NXT?

There were some but noone could afford to buy all 1.3 at once and I didn't wish to split it.

I only have like 60 BTC at the moment :/, not many people have 100k in BTC laying around.
iruu
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February 07, 2014, 12:51:47 PM
 #30767

Weekend project, let's build a DNS system guys!

Here is what I propose, we encode HTML webpages in base64, the base64 is then truncated and sent. the transaction ID's are retrieved and a master file with the locations (and format) of the truncated html is formed. The masterfile is returned and can be used to access the data.

Multiple master files can be formed (due to 1k data limit) and put into one, etc... unlimited amounts of data could be stored this way.

If a dynamic webpage is needed an account could be created and reserved for "hosting" the latest message sent by this account could be the updated website data. Accounts could be used as domain names in a customized browser.

I already have the truncation programs written, but who wants to join me and make this work?

I have a 100k nxt budget for this project (can be increased).

PM me if you are interested.
What's the point? Shocked

Come-from-Beyond
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February 07, 2014, 12:53:42 PM
 #30768

I only have like 60 BTC at the moment :/, not many people have 100k in BTC laying around.

Aye. Now I could split it in 3 chunks...
wesleyh
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February 07, 2014, 12:53:47 PM
 #30769

Weekend project, let's build a DNS system guys!

Here is what I propose, we encode HTML webpages in base64, the base64 is then truncated and sent. the transaction ID's are retrieved and a master file with the locations (and format) of the truncated html is formed. The masterfile is returned and can be used to access the data.

Multiple master files can be formed (due to 1k data limit) and put into one, etc... unlimited amounts of data could be stored this way.

If a dynamic webpage is needed an account could be created and reserved for "hosting" the latest message sent by this account could be the updated website data. Accounts could be used as domain names in a customized browser.

I already have the truncation programs written, but who wants to join me and make this work?

I have a 100k nxt budget for this project (can be increased).

PM me if you are interested.

That's not a dns system, that's a storage system.

How would you then access the page? Via an alias that has some sort of list of message IDs?
coolmist
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February 07, 2014, 12:54:53 PM
 #30770

Weekend project, let's build a DNS system guys!

Here is what I propose, we encode HTML webpages in base64, the base64 is then truncated and sent. the transaction ID's are retrieved and a master file with the locations (and format) of the truncated html is formed. The masterfile is returned and can be used to access the data.

Multiple master files can be formed (due to 1k data limit) and put into one, etc... unlimited amounts of data could be stored this way.

If a dynamic webpage is needed an account could be created and reserved for "hosting" the latest message sent by this account could be the updated website data. Accounts could be used as domain names in a customized browser.

I already have the truncation programs written, but who wants to join me and make this work?

I have a 100k nxt budget for this project (can be increased).

PM me if you are interested.
What's the point? Shocked

Uhh...  Huh This is a much needed feature that we can code with available resources and API calls.

Project budget increased 150k NXT btw.
coolmist
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February 07, 2014, 12:57:17 PM
 #30771

Weekend project, let's build a DNS system guys!

Here is what I propose, we encode HTML webpages in base64, the base64 is then truncated and sent. the transaction ID's are retrieved and a master file with the locations (and format) of the truncated html is formed. The masterfile is returned and can be used to access the data.

Multiple master files can be formed (due to 1k data limit) and put into one, etc... unlimited amounts of data could be stored this way.

If a dynamic webpage is needed an account could be created and reserved for "hosting" the latest message sent by this account could be the updated website data. Accounts could be used as domain names in a customized browser.

I already have the truncation programs written, but who wants to join me and make this work?

I have a 100k nxt budget for this project (can be increased).

PM me if you are interested.

That's not a dns system, that's a storage system.

How would you then access the page? Via an alias that has some sort of list of message IDs?

API call to get recent transactions of an account, latest transaction = latest masterfile.

This is better than DNS as you could potentially "host" dynamic webpages by updating only a few files on the masterfile.
iruu
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February 07, 2014, 01:00:05 PM
 #30772

Uhh...  Huh This is a much needed feature that we can code with available resources and API calls.

Project budget increased 150k NXT btw.
Needed by who exactly? Who will use it and pay money for it?
Backup purposes? It's competing with Crashplan which offers unlimited storage for $59.99/year and similar competitors.  
Static website server? It's competing with thousands free hosting providers on the internet.  

wesleyh
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February 07, 2014, 01:02:25 PM
 #30773

Uhh...  Huh This is a much needed feature that we can code with available resources and API calls.

Project budget increased 150k NXT btw.
Needed by who exactly? Who will use it and pay money for it?
Backup purposes? It's competing with Crashplan which offers unlimited storage for $59.99/year and similar competitors.  
Static website server? It's competing with thousands free hosting providers on the internet.  

Decentralized. That's all you need to know.
coolmist
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February 07, 2014, 01:05:41 PM
 #30774

Uhh...  Huh This is a much needed feature that we can code with available resources and API calls.

Project budget increased 150k NXT btw.
Needed by who exactly? Who will use it and pay money for it?
Backup purposes? It's competing with Crashplan which offers unlimited storage for $59.99/year and similar competitors.  
Static website server? It's competing with thousands free hosting providers on the internet.  

Decentralized. That's all you need to know.

+1

Also, this is backed by me... I have 2.6M NXT  Wink
pandaisftw
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February 07, 2014, 01:08:05 PM
 #30775

I don't understand how people still get excited over a new alt-coin that does not offer anything new. Apparently most people think "new" means simply switching the block time and hashing algo, and all of a sudden you have "innovation". Out of hundreds of cryptocurrencies, there are only a handful that actually offer anything new, and maxcoin is not one of them.

Although, I suppose if I had a huge collection of GPUs, I'd be excited to make $k's of cash every time a new coin came out so I could mine and dump immediately... a sobering reminder that most miners don't care if they are securing the network, only that they are lining their pockets.

Which does bring me to my point - we need to market to a slightly different demographic. Marketing to those already invest in PoW coins is an inefficient use of resources, because if they can't mine it, they are not interested. Of course there are always exceptions, but if the accusations of "nxt is pre-mined!" are any indicator, most of the complaints are in-fact from miners. I'm not saying we shouldn't try to convert those invested in bitcoin and clones (we should, and we already are with LTB), but they should not be our main focus.

We need to be attracting people who are actually interested in innovation and smart investments. This means our focus is not on the majority of the cryptocurrency crowd, but on tech and business oriented people (Forbes, IEEE, universities, etc). We just have to present NXT in a manner that is easy to understand and why it completely blows all other coins out of the water. Right now is not quite the right time, but when nexern releases his client (along with the AE), we should have a very simple to install client as well as be able to show off the power of decentralized exchanges. We should not market to raise the price of NXT, but market to recruit talent and smart investors that will contribute (and not just ride the wave) to the NXT ecosystem. The price will rise as a side effect of the cumulative contribution. NXT is the only cryptocurrency platform that allows an exponentially growing ecosystem due to BCNext's decentralized vision - the rest of the coins are limited to what their developers can put out - NXT is unlimited.

NXT: 13095091276527367030
Hacer88
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February 07, 2014, 01:11:25 PM
 #30776

I don't understand how people still get excited over a new alt-coin that does not offer anything new. Apparently most people think "new" means simply switching the block time and hashing algo, and all of a sudden you have "innovation". Out of hundreds of cryptocurrencies, there are only a handful that actually offer anything new, and maxcoin is not one of them.

Although, I suppose if I had a huge collection of GPUs, I'd be excited to make $k's of cash every time a new coin came out so I could mine and dump immediately... a sobering reminder that most miners don't care if they are securing the network, only that they are lining their pockets.

Which does bring me to my point - we need to market to a slightly different demographic. Marketing to those already invest in PoW coins is an inefficient use of resources, because if they can't mine it, they are not interested. Of course there are always exceptions, but if the accusations of "nxt is pre-mined!" are any indicator, most of the complaints are in-fact from miners. I'm not saying we shouldn't try to convert those invested in bitcoin and clones (we should, and we already are with LTB), but that should not be our main focus.

We need to be attracting people who are actually interested in innovation and smart investments. This means our focus is not on the majority of the cryptocurrency crowd, but on tech and business oriented people (Forbes, IEEE, universities, etc). We just have to present NXT in a manner that is easy to understand and why it completely blows all other coins out of the water. Right now is not quite the right time, but when nexern releases his client (along with the AE), we should have a very simple to install client as well as be able to show off the power of decentralized exchanges. We should not market to raise the price of NXT, but market to recruit talent and smart investors that will contribute (and not just ride the wave) to the NXT ecosystem. The price will rise as a side effect of the cumulative contribution. NXT is the only cryptocurrency platform that allows an exponentially growing ecosystem due to BCNext's decentralized vision - the rest of the coins are limited to what their developers can put out - NXT is unlimited.

Good point. A lot of people just mine and dump.

NXT - NEM - NAS - NFD
iruu
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February 07, 2014, 01:18:50 PM
 #30777

Decentralized. That's all you need to know.
If that's supposed to be the main point, it's called FreeNet and it's 14 years old. Just fork it.

Also, this is backed by me... I have 2.6M NXT  Wink
Wow, so rich. Can I touch you?  

abuelau
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February 07, 2014, 01:19:03 PM
 #30778

Weekend project, let's build a DNS system guys!

Here is what I propose, we encode HTML webpages in base64, the base64 is then truncated and sent. the transaction ID's are retrieved and a master file with the locations (and format) of the truncated html is formed. The masterfile is returned and can be used to access the data.

Multiple master files can be formed (due to 1k data limit) and put into one, etc... unlimited amounts of data could be stored this way.

If a dynamic webpage is needed an account could be created and reserved for "hosting" the latest message sent by this account could be the updated website data. Accounts could be used as domain names in a customized browser.

I already have the truncation programs written, but who wants to join me and make this work?

I have a 100k nxt budget for this project (can be increased).

PM me if you are interested.

This sounds interesting. I have to think about some of the details of how it could work but it seems it could be used as an annonymized browser a la TOR. Have you seen this: www.mynxt.info/fwd?

Know what's happening in cryptoworld: www.coinschedule.com
EmoneyRu
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Nxt-kit developer


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February 07, 2014, 01:25:16 PM
 #30779

1600 page post Cool

Damelon
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February 07, 2014, 01:26:06 PM
 #30780

Decentralized. That's all you need to know.
If that's supposed to be the main point, it's called FreeNet and it's 14 years old. Just fork it.

Also, this is backed by me... I have 2.6M NXT  Wink
Wow, so rich. Can I touch you?  

As long as we keep bickering at people for proposing a plan and private funding, we'll get nowhere at all. Why not just ignore what you won't invest in and let him do it?

The risk is his to take.

It's a private proposal, so why not have him give it a go?

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
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