NXT :: descendant of Bitcoin - Updated Information

[2Kool4Skewl]

Collateralized debt obligations != "woooooo!"

Collateralized debt obligations == "BooHoo!"

I forgot my sarcasm tag

Despite the fact i used "" in my post about subprime mortgages, we should think about some "wall street type guys"-functions.

Maybe I shouldn’t have brought up Micro Loans and NXT may not want anything to do with them, but in 5 years I might want to help out the lady next door with her new small business by giving her a micro loan to buy a sewing machine, I wondered how the NXT platform could be used to both our advantages. Could NXT be the platform for micro loan contract/implementation/repayment rules etc, but then a different currency,lets call it DOSH or MicroNXT, which is built on NXT and my preferred day-to-day currency and which the sewing machine shop also accepts. So I can pay him but when she comes to pay me back, she still uses Bitcoin, so either she or I exchange that back to my preferred currency - DOSH.  I'm just thinking of future real world applications and how this could play out using NXT features. If she splits with my Dosh, then that’s my bad debt and I adjust the contract accordingly and also write negative feedback in her NXT public profile. That’s the way of the world.

... I might want to help out the lady next door with her new small business by giving her a micro loan to buy a sewing machine, I wondered how the NXT platform could be used to both our advantages.

- just give her dollars (and she would be happy). Nxt can not help here.

Nxt shouldn't be considered a debt obligation, but other assets in the asset exchange are inherently IOUs.  Any IOU issued on the AE should be able to be "loaned".  Trusting someone for an asset is an interest free loan and requires no contract.  Interest free loans are the core part of the social credit system.

[xchrix]

is there a timetable for feature launches such as asset exchange? i read something about april?
a centralised website in the wiki maybe with a feature timetable would be good to check fast

[swartzfeger]

Nxtopia -- MMORPG built on-top of the NXT network

current bounty: 9000 NXT

5000 - jl777
1000 - swartzfeger (Transaction id: 12550164158045962834)
3000- chanc3r (Transaction id: 5658009271669858297)

This is an opportunity to support an online game that leverages many of Nxt's advanced features. Donations can be sent to 13776816462073143763; please include tx id so I can include it when updating this post and making it easier for James to keep track of incoming transactions.

---

Initial concepts can be read here:

https://docs.google.com/presentation/d/1AddOidhyg7PwdCnejywEf7Gk7p0Yo1ZMBIf6ES5QVwc/


There are challenges to be solved, but we will find solutions. Ideas, opinions, naysaying and cheerleading are welcomed and encouraged.

For now, ideas can be voiced here: http://www.reddit.com/r/nxtopia/

---

I have registered nxtopia.com, which currently redirects to a wordpress.com placeholder

[l8orre]

btw, CfB: there seems to be something wrong with the 'sendMoney' function on the testnet, I have been trying browser, webwallet, and my client, but it seems to not work ...

If it's "Not enough funds" then I'm fixing the bug.

bytes - 0000d99372000a005f7605dfd9ddba1c7843add87f2afc0b9edb1776ad9ae7c9cce18013fa89247 1f428b68fe8b7e56205000000020000000000000000000000d52b7a50290511884add9b96cdf533 bbbffd65d2a748e91e311d618fd51ab30da3252c8edc4391465b3f5f8a4a2572f5514a2611faebf 00c35b9c5d38626fa60
transaction - 18430882994598944577

getTransactionBytes - 18430882994598944577
bytes - 0000d99372000a005f7605dfd9ddba1c7843add87f2afc0b9edb1776ad9ae7c9cce18013fa89247 1f428b68fe8b7e56205000000020000000000000000000000d52b7a50290511884add9b96cdf533 bbbffd65d2a748e91e311d618fd51ab30da3252c8edc4391465b3f5f8a4a2572f5514a2611faebf 00c35b9c5d38626fa60

senderPublicKey - 5f7605dfd9ddba1c7843add87f2afc0b9edb1776ad9ae7c9cce18013fa892471
fee - 2
sender - 1738404304940813414
subtype - 0
referencedTransaction - 0
type - 0
amount - 5
deadline - 10
signature - d52b7a50290511884add9b96cdf533bbbffd65d2a748e91e311d618fd51ab30da3252c8edc43914 65b3f5f8a4a2572f5514a2611faebf00c35b9c5d38626fa60
recipient - 7126304194855053556
timestamp - 7508953
block - 11007944906596820951
confirmations - 11



when I do that for TX
17085258924171003110


I get
errorCode - 5
errorDescription - Unknown transaction

amount was 100nxt from 1738404304940813414 to 7126304194855053556

Is the confirmation time so long ? I remember that the new balances are displayed very quickly on the real nxtNet!?!?!

Also, sending from the browser often does not seem to work.


Nope. I keep sending back and forth small amounts on the testNet between 2 accounts from the browserGui, but the money does not arrive.

When I that from my client, I get a TX and TX_bytes, when when I do 'getTransaction', the reply is

errorCode - 5
errorDescription - Unknown transaction

Also, the new TXs I have been making do not appear in

getAccountTransactionIds

[Labteck]

Nxtopia -- MMORPG built on-top of the NXT network

current bounty: 6000 NXT

5000 - jl777
1000 - swartzfeger (Transaction id: 12550164158045962834)

This is an opportunity to support an online game that leverages many of Nxt's advanced features. Donations can be sent to 13776816462073143763; please include tx id so I can include it when updating this post and making it easier for James to keep track of incoming transactions.

---

Initial concepts can be read here:

https://docs.google.com/presentation/d/1AddOidhyg7PwdCnejywEf7Gk7p0Yo1ZMBIf6ES5QVwc/


There are challenges to be solved, but we will find solutions. Ideas, opinions, naysaying and cheerleading are welcomed and encouraged.

For now, ideas can be voiced here: http://www.reddit.com/r/nxtopia/

only 6000 ?

[swartzfeger]

Nxtopia -- MMORPG built on-top of the NXT network

current bounty: 6000 NXT

5000 - jl777
1000 - swartzfeger (Transaction id: 12550164158045962834)

This is an opportunity to support an online game that leverages many of Nxt's advanced features. Donations can be sent to 13776816462073143763; please include tx id so I can include it when updating this post and making it easier for James to keep track of incoming transactions.

---

Initial concepts can be read here:

https://docs.google.com/presentation/d/1AddOidhyg7PwdCnejywEf7Gk7p0Yo1ZMBIf6ES5QVwc/


There are challenges to be solved, but we will find solutions. Ideas, opinions, naysaying and cheerleading are welcomed and encouraged.

For now, ideas can be voiced here: http://www.reddit.com/r/nxtopia/

only 6000 ?

For now, yes. Wanna donate?

Others have mentioned wanting to donate, but I'll wait to add their names when I receive official confirmation.

[superresistant]

Nxtopia -- MMORPG built on-top of the NXT network
current bounty: 6000 NXT
5000 - jl777
1000 - swartzfeger (Transaction id: 12550164158045962834)
This is an opportunity to support an online game that leverages many of Nxt's advanced features. Donations can be sent to 13776816462073143763; please include tx id so I can include it when updating this post and making it easier for James to keep track of incoming transactions.
---
Initial concepts can be read here:
https://docs.google.com/presentation/d/1AddOidhyg7PwdCnejywEf7Gk7p0Yo1ZMBIf6ES5QVwc/

There are challenges to be solved, but we will find solutions. Ideas, opinions, naysaying and cheerleading are welcomed and encouraged.
For now, ideas can be voiced here: http://www.reddit.com/r/nxtopia/

only 6000 ?

For now, yes. Wanna donate?
Others have mentioned wanting to donate, but I'll wait to add their names when I receive official confirmation.

Very interesting. I am all for it. Please create a separate thread for discussion.

[ChuckOne]

I believe only two new api calls would be required.  One api call to give trust and one api call to remove trust.

- very strange idea about the trust in the decentralised anonimous network...

Trust noone - this is a very important principle. Nxt doesn't rely on trust ...

I agree.

If you trust a person, so send him NXT. If you don't, don't do it.

[ChuckOne]

Collateralized debt obligations != "woooooo!"

Collateralized debt obligations == "BooHoo!"

Don't see why an decentralized economy would need that form of trust.

Don't think it belongs into the core. You should go for the LoanCoin idea.

[ChuckOne]

... I might want to help out the lady next door with her new small business by giving her a micro loan to buy a sewing machine, I wondered how the NXT platform could be used to both our advantages.

- just give her dollars (and she would be happy). Nxt can not help here.

Or give her NXT.

[daysi]

cheerleading are welcomed

https://i.imgur.com/zj5Yqqs.gif 

[swartzfeger]

Nxtopia -- MMORPG built on-top of the NXT network
current bounty: 6000 NXT
5000 - jl777
1000 - swartzfeger (Transaction id: 12550164158045962834)
This is an opportunity to support an online game that leverages many of Nxt's advanced features. Donations can be sent to 13776816462073143763; please include tx id so I can include it when updating this post and making it easier for James to keep track of incoming transactions.
---
Initial concepts can be read here:
https://docs.google.com/presentation/d/1AddOidhyg7PwdCnejywEf7Gk7p0Yo1ZMBIf6ES5QVwc/

There are challenges to be solved, but we will find solutions. Ideas, opinions, naysaying and cheerleading are welcomed and encouraged.
For now, ideas can be voiced here: http://www.reddit.com/r/nxtopia/

only 6000 ?

For now, yes. Wanna donate?
Others have mentioned wanting to donate, but I'll wait to add their names when I receive official confirmation.

Very interesting. I am all for it. Please create a separate thread for discussion.

Announcement/new thread created:

https://bitcointalk.org/index.php?topic=474535

[wesh]

Hello, I have been running my VPS for more than 3 weeks now without earning any nxt !.  
I do have some nxt in my account and have aroud 600 unconfirmed transaction!!

what do I have to do ?

thank for your help in advance

Wesh; seeing as everyone else is ignoring ya, heres some help:
The reason u r seeing 600 unconfirmed transactions is that u are currently on a fork of the blockchain. This is not good...
Look at my last block:

69664      4747512364439223888      dinsdag 18 februari 2014 22:50:06   
      
      1      49 + 1      128 B   
      
      2      12965468926053797053      70 %   
   

If none of that matches with what u r seeing, shut down NRS, delete everything and re-install. U need to be running version 7.4 or 7.5, available from the first page of this thread.
Install, run, let the blockchain update and then u can log back in to start forging.
Hate to tell u, but u will need to have at the very least 10,000 NXT (preferably a lot more) to see any forging income at all.

thanks so much EvilDave , appreciated
hope it help more people like me   

[pinarello]

The committees can go to work. Others can still join here:

https://docs.google.com/spreadsheet/ccc?key=0AsrKGhOkVcFpdFRFeHNUdWx3Qy1nTjBPLUFNWUJKQkE&usp=sharing#gid=0

projects initiation to project board here:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=809


NXTinfrastructurefund ( VPS, clients)

1218278327871973459

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806#p3842

KLEE
committee
rickyjames
EmoneyRu
msin
jl777
^[GS]^
abuelau
Opticalcarier

----------------------------------------------------------------

NXTmarketingfund

6824000597786339044

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807#p3843

NEER G.
Committee:
Mario123
NiftyNikel
Damelon
Pandaisftw
VanBreuk
Arckam (frmelin)
Uniqueorn
salsacz
TwinWinNerD
Cointropolis_JustabitTime
Jefdiesel (BrooklynBTC)

--------------------------------------------------------------

NXTtechfund (more code related)

10979837763882063

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=808#p3844

POUNCER
committee:
EmoneyRu
ChuckOne
wesleyh
ZeroTheGreat
jl777
CIYAM
Pandaisftw
Chanc3r
abuelau

[mikesbmw]

Guys,

would there be interest in promotional clothing and giveaways?

I've been in contact with my brother and he would be wiling to create several mockups and some samples at cost price.
At first it will be paid for by me and possibly a friend.

We're thinking about the following:

- T-shirts
- caps
- Umbrellas (those small foldable ones you can keep in your car)
- Sweaters (fleece)
- Scrafs

The clothing items would have a logo on the left side chest and no LARGE BANNERS on the back. All very classy. Something you could wear all the time. The umbrella would have a logo every other part on the top side.
The scarfs have a logo on the end. I have some samples at home from a company I used to have and every single one I handed out back then to friends and relatives is still being used today.

I think these items would have value at conventions and general gatherings / meetings.

One other possibility would be to sell them from a simple store at one of our sites (but that could be potentially difficult with distribution). The NXT that is gained from those sales could flow back into an operational account of some sort.

I know we are very much into decentralization, but some stuff needs to be taken care of in a more centralized manner to have some coherency.

Let me know what you think about this.

[salsacz]

I have a site prepared for selling stickes, mugs, etc... and much more. Just wait few days for publishing

[mikesbmw]

I have a site prepared for selling stickes, mugs, etc... and much more. Just wait few days for publishing

Great!
I seem to have missed the announcement. It's very hard to keep up with all the updates on the various sites... 

Will you also create / sell clothing for promotional purposes?

[salsacz]

I have a site prepared for selling stickes, mugs, etc... and much more. Just wait few days for publishing

Great!
I seem to have missed the announcement. It's very hard to keep up with all the updates on the various sites... 

Will you also create / sell clothing for promotional purposes?

no, we are waiting for pro company to create for us branding packages, so we will have new logos etc, so any items created with old logos are a waste of time and resources I think

[pinarello]

8 projects waiting for approval in infrastructure committee:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806&p=3877#p3877

2 projects waiting for approval in marketing fund committee (salsazc please look for double entry with your administered fund)

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807

pleaase go discuss and vote.

thank you

[jl777]

The committees can go to work. Others can still join here:

https://docs.google.com/spreadsheet/ccc?key=0AsrKGhOkVcFpdFRFeHNUdWx3Qy1nTjBPLUFNWUJKQkE&usp=sharing#gid=0

projects initiation to project board here:

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=809


NXTinfrastructurefund ( VPS, clients)

1218278327871973459

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=806#p3842

KLEE
commitee
rickyjames
EmoneyRu
msin
jl777
^[GS]^
abuelau

----------------------------------------------------------------

NXTmarketingfund

6824000597786339044

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=807#p3843

NEER G.
Committee:
Mario123
NiftyNikel
Damelon
Pandaisftw
VanBreuk
Arckam (frmelin)
Uniqueorn
salsacz
TwinWinNerD
Cointropolis_JustabitTime
Jefdiesel (BrooklynBTC)

--------------------------------------------------------------

NXTtechfund (more code related)

10979837763882063

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=808#p3844

POUNCER
commitee:
EmoneyRu
ChuckOne
wesleyh
ZeroTheGreat
jl777
CIYAM
Pandaisftw
Chanc3r

I dont think I should be on any of these committees. I already represent an anomalous amount of centralization via NXTcommunityfund and NXTcash

I do hope the committees will take my suggestions into account, but I should only have influence and not any authority. I do not want there to be any appearance of conflict of interest when I ask for funding from any of the committees

James