NXT :: descendant of Bitcoin - Updated Information

[Come-from-Beyond]

Why did he want just 21 BTC?

Maybe coz he is crazy about symbolism?

[allwelder]

GUYS THEY ARE VOTING US DOWN...PLS VOTE ON REDDIT:

http://www.reddit.com/r/Futurology/comments/1z2f4p/cryptocurrency_enthusiast_donates_1_million_nxt/

done

[Eadeqa]

Just to have that clarified: what is a pool in terms of NXT vocabulary?

BCNext calls them "hubs".

What do you think about limiting max forging power to anywhere between 1% to 5%

[LiQio]

The problem is that BCNext lost his chance to invest into Nxt. He wanted to have exactly 21 BTC invested but the very last guy who sent 1 BTC right before the funding was over ruined the plan...

WHAT!?! Then who the f*** is 4747512364439223888 ?

[nxtsky]

Can we get rid of the hints, please?
If it is not possible, then BCNext should take his coins, convert it to FIAT and pay for a project manager to manage Nxt till there are no more "unknown issues" and the community can take over.

The problem is that BCNext lost his chance to invest into Nxt. He wanted to have exactly 21 BTC invested but the very last guy who sent 1 BTC right before the funding was over ruined the plan...

Why did he want just 21 BTC?

May be  he doesn't want to dilute his own stock.

[2Kool4Skewl]

Why did he want just 21 BTC?

Maybe coz he is crazy about symbolism?

I thought that might be the reason.   

Now, what does the number 21 symbolize?

[mcjavar]

It absolutely doesn´t matter if he has a stake or not. We need a clear project plan to get our resources managed in the most appropriate way.
For that, we need information. If BCNext is not going to lead us and manage his baby, then we will need to take over. Get a full-time project manager on top of this and do it ourself.
But FFS, we need transparency and information about what is going on behind the curtains.

[Uniqueorn]

Why did he want just 21 BTC?

Maybe coz he is crazy about symbolism?

I thought that might be the reason.   

Now, what does the number 21 symbolize?

http://www.ridingthebeast.com/numbers/nu21.php

I pray to all the sub atomic particles in our universe that NXTs inventor is not a numerologist;P

[salsacz]

Why did he want just 21 BTC?

Maybe coz he is crazy about symbolism?

I thought that might be the reason.   

Now, what does the number 21 symbolize?

http://cryptosource.org/what-is-nxt-community/
read the last part of my nxtmyths 1st chapter

[mcjavar]

It absolutely doesn´t matter if he has a stake or not. We need a clear project plan to get our resources managed in the most appropriate way.
For that, we need information. If BCNext is not going to lead us and manage his baby, then we will need to take over. Get a full-time project manager on top of this and do it ourself.
But FFS, we need transparency and information about what is going on behind the curtains.

It is a bit annoying that you are now talking about why BCNext wanted to have only 21 BTC invested, instead of talking about the future work we have to put in this project.
But I might be wrong setting this as highest priority. Maybe it is the hottest topic indeed, to clarify if BCNext is in simbolism or not...

[2Kool4Skewl]

Why did he want just 21 BTC?

Maybe coz he is crazy about symbolism?

I thought that might be the reason.   

Now, what does the number 21 symbolize?

http://cryptosource.org/what-is-nxt-community/
read the last part of my nxtmyths 1st chapter

One in a Million.  An accurate description of Nxt.

[nxtsky]

http://cryptosource.org/what-is-nxt-community/
read the last part of my nxtmyths 1st chapter

Q: Why was the initial funding cancelled suddenly with few people?

A: I wanted Nxt to be launched by the community, not by a single person. Success of Nxt is supposed to be achieved by work of a LOT of PEOPLE.

His answer is not convincing.

[mcjavar]

http://cryptosource.org/what-is-nxt-community/
read the last part of my nxtmyths 1st chapter

Q: Why was the initial funding cancelled suddenly with few people?

A: I wanted Nxt to be launched by the community, not by a single person. Success of Nxt is supposed to be achieved by work of a LOT of PEOPLE.


His answer is not convincing.

This is the same bullshit like "he wanted 21BTC to get invested so he lost his chance in the IPO".
If he wanted a lot of people to start Nxt with, he hadn´t stop the IPO so suddenly.


But that is history. Now we should focus on more important things, because that´s the future.

[farl4web]

ANNOUNCEMENT

The NXT cryptocurrency ecosystem will be represented at the Coinsumm.it conference in San Francisco, CA on March 25-26, 2014.  Confirmation of the speaker position for the NXT speaker Brian Snyder, aka NxtMinnow on the bitcointalk forums has been made official.  The organizers of Coinsumm.it are delighted to have a speaker representing NXT at the conference!  

I have heard back from Pamir Gelenbe at Coimsumm.it and it is official: I am confirmed as a speaker for the conference!   I have sent a high resolution picture and bio as requested by Coinsumm.it.   I am honoured to be officially active in the process of encouraging adoption of the NXT cryptocurrency platform.

I am scheduled to speak on the Decentralized Applications Panel with Vitalik Buterin of Ethereum.org and David Johnston of Mastercoin on a panel moderated by Adam Levine of Let's Talk Bitcoin.  I will be prepared to discuss and/or debate various aspects and use cases of
Decentralized Applications and Decentralized Autonomous Corporations while emphasizing the competitive advantages of the NXT cryptocurrency ecosystem.

Sincerely, Brian Snyder aka NxtMinnow

This Announcement is Reposted over in the NXT Marketing Thread.

Great man! Good luck! 

[Damelon]

If BCNext is not going to lead us and manage his baby, then we will need to take over. Get a full-time project manager on top of this and do it ourself.
But FFS, we need transparency and information.

This seems to be the crux right now.
BCNext has already said that he wants the community to take over.
So let's do that. If they need info, get it to them.
We need to take ownership of OUR Nxt project and move forward instead of waiting for some invisible figure that is supposed to bail us out in April.

If there is nothing finished in April, we're basically boned anyway. Better to be boned while having worked on it, that boned while being passive.

Does this seem reasonable and would BCNext (who still has info we need, I think) be willing to cede this information (looking at CfB here)?

Looking for a way out of this impasse

[bitcoinpaul]

So this is priority:

• get a curve/sign implementation audit and a crypto audit. guys, where are we with that?
• try to summarize all we know about TF and discuss how to make it better

Can someone explain to me why we shouldn't get all information and ideas regarding Nxt of BCNext when we take over the project?

[farl4web]

I would like to remind you all that PeerExplorer.com runs a great program to award nodes and makes it an incentive to run public nodes.

The system will soon run low on caches (accounts with NXT in them) to award nodes with.

If a big stakeholder is out there reading this, a donation to the person running Peer Explorer would be great so he can add to the cache system of rewards.

+ 1440
I'm rather a small stakeholder, but I am constantly creating some new caches to encourage nodes' owners.

Thanx for you donations man! That's why I keep setting up more nodes! 

[mcjavar]

If BCNext is not going to lead us and manage his baby, then we will need to take over. Get a full-time project manager on top of this and do it ourself.
But FFS, we need transparency and information.

This seems to be the crux right now.
BCNext has already said that he wants the community to take over.
So let's do that. If they need info, get it to them.
We need to take ownership of OUR Nxt project and move forward instead of waiting for some invisible figure that is supposed to bail us out in April.

If there is nothing finished in April, we're basically boned anyway. Better to be boned while having worked on it, that boned while being passive.

Does this seem reasonable and would BCNext (who still has info we need, I think) be willing to cede this information (looking at CfB here)?

Looking for a way out of this impasse

I am ready to put money (and work) in a project management fund. But we need someone who has all the information and can do the planning.

Planning of the resources for development and marketing.

[Uniqueorn]

If BCNext is not going to lead us and manage his baby, then we will need to take over. Get a full-time project manager on top of this and do it ourself.
But FFS, we need transparency and information.

This seems to be the crux right now.
BCNext has already said that he wants the community to take over.
So let's do that. If they need info, get it to them.
We need to take ownership of OUR Nxt project and move forward instead of waiting for some invisible figure that is supposed to bail us out in April.

If there is nothing finished in April, we're basically boned anyway. Better to be boned while having worked on it, that boned while being passive.

Does this seem reasonable and would BCNext (who still has info we need, I think) be willing to cede this information (looking at CfB here)?

Looking for a way out of this impasse

We are working hard. Everyone of us, but it would help out a lot if BCNext actually just made some factual statements about the plan, his planned involvement and so on.
I asked CfB to ask BCNext about this 2 months ago, then I took it up in this thread 2 weeks ago and we had a big discussion about it and clearly everyone was in agreement that we need to get rid of the smoke and mirrors, but now again this flare up because people want answers.


I just simply do not see what the big deal is. Why can't we just get all of this blur out of the way and get focused as a big collaborative effort.

[2Kool4Skewl]

http://cryptosource.org/what-is-nxt-community/
read the last part of my nxtmyths 1st chapter

Q: Why was the initial funding cancelled suddenly with few people?

A: I wanted Nxt to be launched by the community, not by a single person. Success of Nxt is supposed to be achieved by work of a LOT of PEOPLE.


His answer is not convincing.

This is the same bullshit like "he wanted 21BTC to get invested so he lost his chance in the IPO".
If he wanted a lot of people to start Nxt with, he hadn´t stop the IPO so suddenly.


But that is history. Now we should focus on more important things, because that´s the future.

Symbolism is very important.  BCNext has a reason for doing everything.  Do not ignore what he is trying to convey.