NXT :: descendant of Bitcoin - Updated Information

[Damelon]

I guess that we can solve the "latin issue" only by voting.

vox populi - "voice of the people". Short non-prearranged interview with an ordinary person (e.g. on the street); sometimes shortened to "vox pop".

If it's anything like the *real* Roman voting system, this means most people would have a useless vote, the fatcats would always win, and you would have to keep buying votes to get things done  

Roman "democracy" was a total and utter sham.

[Jean-Luc]

Users of the javascript client will get a JSON notification when the deadline changes. Client developers using the Java API directly can register a listener to receive such notifications, just like it is done in User.java:

Do you mean you will add some sort of HTML5 push notification support to the browser? That would be great!

http://html5hacks.com/blog/2013/04/21/push-notifications-to-the-browser-with-server-sent-events/

I mean, the way the current javascript client is doing it, whatever this technology is called. I didn't plan to touch that part myself, I am not familiar with HTML5 push.

How does your client currently work, only by making javascript calls to the http api? Is it just a bunch of html and javascript files that need to be in a directory served by jetty? Because I am considering switching to embedding jetty in 0.8 or later, but of course need to plan how to accommodate your client.

[Damelon]

** Big News **

Nxt (along with Peercoin) will be one of two official currencies at Trekcon Springfield:

http://www.trekconspringfield.com/

We will have access to quiet a bit of media as well as tie-ins with Star Trek actors at the event. I will be working with local companies prior to the event to help support Nxt.  More details to come, still working on the logistics.  Here's a video we put out when we added Peercoin:

http://www.youtube.com/watch?v=89YI6_6Aw2E


Yes, that's me in the video. The guys are already lining up interviews with local tv and radio stations, we'll also be able to take part in that promotion.

Made me laugh, as I have been talking with James about a "Federation of Gateways" today.

[Mario123]

www.nxtclient.org

It's not finished yet. I didn't put the links in it because I don't know how we will promote them, which is really open source and who's client gets a separate homepage.

If you have any ideas or suggestions for this site: PM me or write here.

I'm no pro web designer but donations are welcome.

Direct links would be a huge help right now.  As I'm walking exchanges through Nxt, this allows them to play with the different options.

I will think about it tonight and will improve it. Thanks.

[Jean-Luc]

During this process of implementing fractional NXT in the code, would it be possible to add support of higher resolution than .01 NXT? I realize this could be very difficult as it is stored as integer * 100, but I see many applications that could use higher precision. For example a lot of altcoins are worth a small fraction of NXT and as it is now, we need to create bundles of these so that .01 NXT wont create giant price swings.

Sorry, can't do that now. This would require much more fundamental changes, new block and transaction versions at the least.

[Mistafreeze]

I am proposing that once wesley's client is finished it should be the standard client for every new Nxt release!

It looks brilliant, wesley you did it.  

+1

[jl777]

this is much more interesting than it seems at first. having private data sections within code would solve many
problems, e.g. to create real smart software agents and also fully trustless gateways.

for those interested in this:
http://bitcoinmagazine.com/10055/cryptographic-code-obfuscation-decentralized-autonomous-organizations-huge-leap-forward/

Hmmm....

I remember somebody raised this as a possibility last week, but was booed off the stage and told to work on stuff that is more near term.

Oh, that was me

So, I am not so crazy to believe that we can get fully trustless gateways and even automated DACs that can do cross chain operations. I wish you were there last week. I guess I should have reiterated that I got the idea about indistinguishability obsfucators from Vitalik butern's reddit page. I'm not smart enough to understand the maths, but I am smart enough to recognize the potentials of new algos.

Anyway, I hope nobody will get upset if I suggest that the NXT VM team make sure that they design things so DACs that do crosschain, offchain operations and just generally external to NXT actions are possible.

My point with the NXTplugins is that by putting outputs of plugins into the blockchain in a way that doesnt require trust, we can expand NXT to incorporate whatever we can design the NXTplugins to do properly. My guess is that with a constrained set of operations and strict requirements as to how the NXTplugin is implemented, we can eventually get a secure architecture that allows for submission and verification of thousands of NXTplugins that will all be listed on the NXT plugin store.

By creating the infrastructure that allows easy creation of third party plugins, including validation, source release requirements and whatever else is needed, NXT will indirectly be able to reach ANY market segment that a NXTplugin can be created for.

All of them secured by being in a decentralized NXT blockchain.

James

[jl777]

During this process of implementing fractional NXT in the code, would it be possible to add support of higher resolution than .01 NXT? I realize this could be very difficult as it is stored as integer * 100, but I see many applications that could use higher precision. For example a lot of altcoins are worth a small fraction of NXT and as it is now, we need to create bundles of these so that .01 NXT wont create giant price swings.

Sorry, can't do that now. This would require much more fundamental changes, new block and transaction versions at the least.

Eventually is fine. Not a critical issue, but if you can just keep in mind the desire for added precision when transitioning to .01 precision, that would be great

[igmaca]

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Re: NXT :: descendiente de Bitcoin - Información Actualizada
Hoy a las 07:45:40 PM
Responder citando  # 34621
Cita de: mikesbmw en Hoy a las 07:42:56 PM
Cita de: Anon136 en Hoy a las 05:43:52 PM
Así que si alguna vez monedas o algo que vamos a necesitar un eslogan. USD ha In God We Trust. Bitcoin tiene "vires en numeris", que significa fuerza. Pensé por NXT podríamos usar "En emergentia speramus" que se traduce como "en el surgimiento we trust " Quería escribir algo más debajo del logo de NXT que puse en mis barras de plata por lo que "En speramus emergentia" es lo que ocurrió . Todos los comentarios constructivos son bienvenidos.



"El futuro es NXT." Creo que es bastante pegadizo.  

Sonrisa

in potestate distributi credendum est

[mczarnek]

I hear the people in this topic have decided to switch to a 0.1 Nxt fee?  I've done some math and that would be only be enough to allow use to break even if we had ~50 forgers at a time.  Point is, it's way too low.

Fee structure proposal
0.4% transaction fee
0.1 Nxt per message
30 Nxt per alias registration

Didn't want to clog up this forum with a long post plus it would be really nice if we could start using other forums instead of everything in one place, no matter how loosely related.

Point is, here's the math and reasoning to back this up:
https://forums.nxtcrypto.org/viewtopic.php?f=2&t=785

Please go comment and let me know what you think about these numbers!

[maco]

NXT THE REVOLUTION!

DOWNLOAD THE MOBILE APP AND NEVER-MISS-ANOTHER-UPDATE!

==> https://play.google.com/store/apps/details?id=com.nextcoin.nxt.app

[SkillRoad]

NXT THE REVOLUTION!

DOWNLOAD THE MOBILE APP AND NEVER-MISS-ANOTHER-UPDATE!

==> https://play.google.com/store/apps/details?id=com.nextcoin.nxt.app

Thanks

[Anon136]

Ok so I had this idea, feel free to shoot it down, It's just an idea.

It's going to cost me at-least 3 grand to get all the capital to gather that I need to make these nxt themed silver bars. Ultimately I would like to get 6 moulds made if that’s possible which would cost much more than 3k. Maybe we could have a fair way to vote on what slogan to use, while at the same time you guys could help me to offset this big startup cost.

Since there is so much disagreement on what sort of slogan i should put on the bars, what if I made a nxt address for each submission and let people vote with their nxt. Who evers submission has the most nxt donated to it win the right to have his/her slogan engraved on every bar I produce for the foreseeable future.

Ill probably only get one mould if I have to convince my wife to let me spend this money. But any additional funds I raised this way would be put towards the purchase of additional moulds, thus greatly increasing my productive capacity and thus reducing the price that I'm able to sell each bar at.

Again just an idea. I'll totally understand if you guys think it sounds greedy or something and don’t want to have any part of it.

[pinarello]

I am proposing that once wesley's client is finished it should be the standard client for every new Nxt release!

It looks brilliant, wesley you did it.  

+1

+1

[ChuckOne]

I hear the people in this topic have decided to switch to a 0.1 Nxt fee?  I've done some math and that would be only be enough to allow use to break even if we had ~50 forgers at a time.  Point is, it's way too low.

Fee structure proposal
0.4% transaction fee
0.05 Nxt per message
30 Nxt per alias registration

Didn't want to clog up this forum with a long post plus it would be really nice if we could start using other forums instead of everything in one place, no matter how loosely related.

Point is, here's the math and reasoning to back this up:
https://forums.nxtcrypto.org/viewtopic.php?f=2&t=785

Please go comment and let me know what you think about these numbers!

I think that would put NXT into comparison with the 'real' world. I am in for that.

[TwinWinNerD]

I hear the people in this topic have decided to switch to a 0.1 Nxt fee?  I've done some math and that would be only be enough to allow use to break even if we had ~50 forgers at a time.  Point is, it's way too low.

Fee structure proposal
0.4% transaction fee
0.05 Nxt per message
30 Nxt per alias registration

Didn't want to clog up this forum with a long post plus it would be really nice if we could start using other forums instead of everything in one place, no matter how loosely related.

Point is, here's the math and reasoning to back this up:
https://forums.nxtcrypto.org/viewtopic.php?f=2&t=785

Please go comment and let me know what you think about these numbers!

That is not a good idea. We don't need forgers to have a positive ROI. Most nodes do run now with negative ROI and it is in the intrerest of each NXT holder to secure the network. Don't forget that we are in the early stage of adoption and the system needs to be bigger to become selfsustainable. If we don't lower the fee significantly, we will not grow as much as most of us would like.

Also it is a community consensus to lower the fee to 0.1 NXT. No Stakeholder would pay 4000 NXT to just move his 1.000.000. Srsly 0.4% rofl


My 2 NXT cents

[brooklynbtc]

man Bter is just hovering right under .00008

cmon lets break through before full moon friday

[Anon136]

I hear the people in this topic have decided to switch to a 0.1 Nxt fee?  I've done some math and that would be only be enough to allow use to break even if we had ~50 forgers at a time.  Point is, it's way too low.

Fee structure proposal
0.4% transaction fee
0.05 Nxt per message
30 Nxt per alias registration

Didn't want to clog up this forum with a long post plus it would be really nice if we could start using other forums instead of everything in one place, no matter how loosely related.

Point is, here's the math and reasoning to back this up:
https://forums.nxtcrypto.org/viewtopic.php?f=2&t=785

Please go comment and let me know what you think about these numbers!

That is not a good idea. We don't need forgers to have a positive ROI. Most nodes do run now with negative ROI and it is in the intrerest of each NXT holder to secure the network. Don't forget that we are in the early stage of adoption and the system needs to be bigger to become selfsustainable. If we don't lower the fee significantly, we will not grow as much as most of us would like.

Also it is a community consensus to lower the fee to 0.1 NXT.

My 2 NXT cents

+ my 2 cents now equals 4 cents.

The time for positive ROI will come. It's important. People need to have a reasonable expectation that there will be ROI from forging in the future. But at this time we need to keep our fees low to encourage adoption and forgers should be willing to forge at a loss for the sake of protecting the network they have invested so much time, energy, and resources into.

[l8orre]

Hey NXT'ers - the InsideBitcoin was quite a gratifying experience, I am quite happy for the coincidence that it happened here ein Berlin!

I can only reccomend to go whenever you can get there - Amsterdam, Texas try to go there! I had the networking pass for 114Euro, I really did not care very much for the Bitcoin talks anyway, but I had a number of extremely good conversations.
Paul Snow from Texas Bitcoin Association is a very eloquent and open minded person, I really enjoyed discussing monetary ideas with him.

Another interesting topic that came up was with Frank Tornatore from Cryptoventures, who was very much interested in using coloured coins as a method for casinos in Macao to issue to their mostly chinese customers.


What would you guys think about having a project to provide using some nxt asset 'RED' or 'BLUE' that a casino could issue as gambling chips for their customers?


And could the casino company take the open source nxt code, and start their own blockchain for their customers only?

[brooklynbtc]

I hear the people in this topic have decided to switch to a 0.1 Nxt fee?  I've done some math and that would be only be enough to allow use to break even if we had ~50 forgers at a time.  Point is, it's way too low.

Fee structure proposal
0.4% transaction fee
0.05 Nxt per message
30 Nxt per alias registration

Didn't want to clog up this forum with a long post plus it would be really nice if we could start using other forums instead of everything in one place, no matter how loosely related.

Point is, here's the math and reasoning to back this up:
https://forums.nxtcrypto.org/viewtopic.php?f=2&t=785

Please go comment and let me know what you think about these numbers!

'

impossible. system is not designed to work this way. nightmare. give it up.

I'm starting to rethink my .1 fee vote, at least until client, AE, and coin trading are implemented and we are hitting at least BTC level of volume.

Suck it up, pay the 5 cents.