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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2760179 times)
Voluntold
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March 04, 2014, 07:07:30 PM
 #40241

Disclaimer: At this point, I would characterize my knowledge of the applicable regulation as very incomplete. While I am not a lawyer, I work with a lot of lawyers, and my job involves a lot of research and writing memos for companies taking accounting or tax positions.

As you can see from the address in my signature, I've got a decent investment in the network, and I'm very interested in seeing this experiment succeed. I've been trying to figure out what I can contribute to the community. As a very bad amateur programmer, I'm uncomfortable touching anything regarding the technical aspects, as the credibility of NXT could be hurt by amateurs playing with people's money.

I think I know what needs to be looked into for the US, but I would like some pointers for other countries. I have the resources to research things as they apply to the US, and may have access to some good info for other regions as well. The gambling thing in Germany mentioned above by ChuckOne is a good example of what I'm looking for.

I agree with the others who point out that the decentralized nature of NXT has certain benefits with regards to government control. However, governments can do many things to make NXT's life difficult, which could cause the price to plummet. This is a very bad thing when people attempt to use NXT as a store of value. Let's be prepared to address regulatory issues before they arise.

I think the government has been trying to deal with Bitcoin for quite some time. And what have they done? They've cracked down on a few people, but I think they know that there's no way for them to stop it, short of shutting down the internet which would have negative consequences for everyone, including them. Not only that, but I believe Nxt will be even HARDER for the government to come down on because of things like the decentralized exchange and (hopefully) NXTcash, etc. I just really think that if the Government were going to kill cryptos (like Bitcoin) they would have done it by now. Doesn't mean they still aren't trying. But agiain, what can they really do?

Do not think so destructively. Let's consider his work as compromising as a step towards govs without giving up anything. When govs do not feel comfortable with NXT, they will not accept NXT. But when they do, we might even have their support.

So, what's better? No support by govs or support by govs?

I think the govs of a country is a player in the financial system as everybody else and we should address their concerns. What's wrong with that?

I can almost 100% guarantee most (if not all, just by definition) governments do not want anonymous, deflationary, decentralized, non taxable money....

edit: and this is a great thing. Historically, things that governments ban, do anything but go down in value. Keep in mind something like an entire 1/4 of the world economy is black/grey market.

Nxt:  NXT-5BHG-9VRE-QGW6-DRZVQ
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March 04, 2014, 07:08:58 PM
 #40242

anyone else having issues with solaris client
i go to send a transaction which is a cryptsy address and press send and recieve an error.
"error code 5, error description,unknown account"

Could you send me the log file (in the logs subdirectory) which has this transaction to nxtsolaris@gmail.com please? Thanks!
ye sure 2 mins

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March 04, 2014, 07:12:34 PM
 #40243

Quote
I can almost 100% guarantee most (if not all, just by definition) governments do not want anonymous, deflationary, decentralized, non taxable money....

Internet doesn't care what governments want  Grin

Glad to be born in times of free information  Smiley
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March 04, 2014, 07:12:57 PM
 #40244


Same here. This should be in the swarm thread on nextcoin.org
Another note: in most of websites we see nxtcoin or nextcoin. Rarely just Nxt or Next, reserved for us nxters apparently. This will get more and more confusing as it goes - at some point we need to clarify and make decisions (already done for "Nxt" I believe), and communicate to every website where our community is mentioned.
Already made a thread AND i tweeted the site about the wrong spelling of Nxtcoin.   Smiley

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EmoneyRu
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March 04, 2014, 07:13:58 PM
 #40245

I count 224 active peers and 403 known peers. Any comparison? Are these normal numbers?

https://www.peerexplorer.com/

Reports this:

 Peers online: 511,  Claimed peers online: 77,

1731 known Grin

Btw, ask him again to support acting via address and not via IP. I'm already running 9 FREE VPS just for fun. I must be made profitable (newbies could get NXT that way).

Some statistics from another peer about that VPSs:

Code:
23.21.1.37 emoneyru3-nxtcoin.rhcl... 689 1'453'962 B 6'171'796 B NRS (0.8.3) @ nxt.now.im
54.204.113.11 emoneyru2-nxtcoin.rhcl... 344 50'264 B 1'432'695 B NRS (0.8.3) @ nxt.now.im
23.20.62.221 node8-mynxtcoin.rhclou... 2'305'846 16'996 B 5'114'717 B NRS (0.8.5) @ nxt.now.im
54.80.89.34 03-nxtcloud.rhcloud.co... 344 443'498 B 4'273'339 B NRS (0.8.3) @ nxt.now.im
107.20.58.190 node6-mynxtcoin.rhclou... 2'305'846 237'735 B 27'389 B NRS (0.8.5) @ nxt.now.im
72.44.36.118 02-nxtcloud.rhcloud.co... 344 406'900 B 2'089'183 B NRS (0.8.3) @ nxt.now.im

timmyd
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March 04, 2014, 07:17:16 PM
 #40246

Can somebody paste me the text from a .bat to start up current nxt nrs, i cant seem to use solaris and cant create a .bat help me please lol

https://gist.github.com/nxt-ext/9309774
Cheers Buddy my attempt looked nothing like that lol.
That link should be on 1st page of this thread it helped alot

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March 04, 2014, 07:22:07 PM
 #40247

Can somebody paste me the text from a .bat to start up current nxt nrs, i cant seem to use solaris and cant create a .bat help me please lol

Code:
java -Xmx1024M -cp nxt.jar;lib\*;conf nxt.Nxt
Thanks smaragda i also used the link above. appreciated

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marcus03
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March 04, 2014, 07:23:34 PM
 #40248





 Smiley

80% is working on OSX already. I fear however that the last 20% take 80% of the time...  Roll Eyes
nxtru
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March 04, 2014, 07:24:25 PM
 #40249

I have made the current source code repository public:

https://bitbucket.org/JeanLucPicard/nxt/

Master branch is still 0.7.6, develop is 0.8.3 plus latest unreleased changes.


The code is BEAUTIFUL.

JLP did fantastic job! Respect.
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March 04, 2014, 07:25:29 PM
 #40250

Quote

 Smiley

80% is working on OSX already. I fear however that the last 20% take 80% of the time...  Roll Eyes

Looks great!

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ZeroTheGreat
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March 04, 2014, 07:36:07 PM
 #40251

Freedom isn't free. Forging makes it pretty cheap.
This. Right words for whole concept of keeping network up.
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March 04, 2014, 07:39:02 PM
 #40252

I appreciate you taking the time to write me. Can you tell me if you would consider using global warming / climate change as a selling point when promoting Nxt? Feel free to post publicly in the thread if you want more people to see it, but if you do so, I'd appreciate if you PMd me a link to your response so I don't miss it.

Thank you.

Hi IveBeenBit

 Thanks for the reply.

 We have witnessed lots of fighting and arguing in the thread, and in real life, over global warming. I personally believe that the Earth is being overburdened through man made actions and that we as humans need to pay attention to this.

 The marketing committee's role is to foster, fund, and promote NXT and NXT related endeavours, on behalf of the community. I am for green marketing, but only in the case that the marketing is solid. I will not support any wasteful marketing plans, no matter the truth of the talking points.

 In a similar way I support children's charities, but do I think they are the way to support NXT? NO!

 I think supporting NXT in its complete roles with Automated Exchange and Transparent Forging is the greenest action we could possibly take. When NXT can trade all other coins, we will already be saving so much energy.

 When the crypto community sees that the mining arms race is foolish, and NXT with its Advanced features is the truly valuable platform, the ASICs and Server Farms will not be needed.
 That is the real goal of green marketing, stopping the wasteful actions behind Mining, not promoting NXT.

 I am going to post this word for word in the main thread, if you have any questions please feel free to contact me

 Jef

+1

p.s.  In a similar way I support children's charities, but do I think they are the way to support NXT? NO!

oh, snap.

NXT: 4957831430947123625
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March 04, 2014, 07:40:08 PM
 #40253

Addressing how TF will be implemented should be focused on protecting the blockchain (#1) and the network (#2).
Issues of "fairness" (perceived or otherwise) are at best a #3 priority (if even that).
"Fairness" issue can't be resolved while money exists, IMHO.
And money exists cos value - trully relative thing. So, it seems, such "issue" never can be resolved. And we'd not even try to resolve it - we'll end in antiutopia.
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March 04, 2014, 07:44:40 PM
 #40254


Same here. This should be in the swarm thread on nextcoin.org
Another note: in most of websites we see nxtcoin or nextcoin. Rarely just Nxt or Next, reserved for us nxters apparently. This will get more and more confusing as it goes - at some point we need to clarify and make decisions (already done for "Nxt" I believe), and communicate to every website where our community is mentioned.

Nxt is an ecosystem, yes.. We have Nxt messaging, Nxt asset exchange, but also just Nxt coin. I don't see what's wrong with that.

Me either. From that perspective nxtcoin totally makes sense, I agree. I still think there is some confusion between nextcoin and nxtcoin. Surely this is not a big deal, but maybe an educational bounty to formalise and list the naming conventions in an official manner would not be that bad.

This is one of those things that should get worked out naturally via peer pressure and vigilant correction in the same way those who pronounced Linux wrong (line-ux) got straightened out eventually. When you see someone say "nextcoin" point out that it's simply, NXT.

NXT: 4957831430947123625
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March 04, 2014, 07:47:14 PM
 #40255

     I WANT YOUR VOTE!

  Vote BrooklynBTC for Marketing Committee!

Done!

NXT: Next Generation of Cryptocurrency http://nxtcrypto.org
NEM:New Economy Movement http://www.ournem.com/
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March 04, 2014, 07:49:23 PM
 #40256





 Smiley

80% is working on OSX already. I fear however that the last 20% take 80% of the time...  Roll Eyes


Very good job





_______________________________________________________________________________ _________________________________
Next Coin Lite - Fair Distribution
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March 04, 2014, 07:50:33 PM
 #40257

Global Warming and charity mentioned on one page and all is well?



 Grin

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
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March 04, 2014, 07:53:15 PM
 #40258

also this helps to protect against domain squatting. thats a really big deal since the person who acquires a domain is the monopoly provider meaning he has the leverage to charge outrageous prices as soon as he knows that someone wants it. if we didnt put a price on it than people would go crazy and reserve every domain imaginable and anyone who wanted to issue an asset would have to pay CRAZY prices. The net effect of making asset registration cheap would be that getting the asset you wanted would be orders of magnitude more expensive than if there was simply a cost for registering to begin with.

*edit* incidentally i really like the idea of having tiers of asset classes. that gives us the best of both worlds.

You're looking at a squatter here. Neither proud nor ashamed to admit it. Ok, maybe a little bit of shame, but I'll take that up with a future therapist if NXT ever goes lunar. Wink

I'm not sure if there are different 'types' of squatters. I've squatted aliases because 1) I see an opportunity and 2) I really have no other feasible way of expanding my NXT hodlings. None of my aliases were registered until after Dec 25, and some of the ones available were amazing.

How long have we been talking about Auroracoin? I registered AUR this morning. Squatting? Or people walking past a metaphorical bag of cash on a street corner? I'm asking this sincerely because I have mixed feelings about registering things I have no plans to personally use. With that said, on anything I have no plans to use, I'd never ransom them for exorbitant fees, or would simply give them away.

I'm torn on the AE fee of 1 vs. 1000. A fee of 1000 will stop people like me from issuing an asset; on the other hand, it will stop people like me from issuing an asset. Cheesy

It will definitely limit the number of assets I will issue (I hodl about 7900 NXT).

Having a fee of 1000 won't stop squatting. Mitigate, but not stop.

The fear, I think, is the people who are squatting will control assets to further their self-interest vs. that of the community/ecosystem. Hopefully, people that do sit on an asset/alias will realize that the strength of Nxt is in their self-interest and act accordingly.

Thank you.
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March 04, 2014, 07:56:25 PM
 #40259


The TestNxt was arrived ?
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March 04, 2014, 07:58:17 PM
 #40260

I'd have to be paid but I'd be willing to help develop for Nxt, I am a professional C#/C++ programmer who has a lot of experience with Java and believes in Nxt.  Send me a PM if interested.. there is too much to keep track of on this thread but I'll answer PMs.

-Matt

Call for more java developers:

We need more developers to help work on the core! CFB is leaving in 1 month and we can't just have Jean-Luc do everything.

Is anyone here qualified to help?

First possible feature that could be done, (talked about it with CFB), is adding a category field to Arbitrary Messages. This will allow us a lot of extra functionality, like decentralized stores, reputation system and so on. It should not be too hard to add this extra field. Is anyone up to the job? Unfortunately I do not know java myself.

If others have suggestions for Nxt, please make Nxt improvement proposals. See here for more info: http://www.thenxtwiki.org/wiki/NIP:Nxt_Improvement_Proposals

It appears the NIP process is not yet complete, we need a contact person or a simple method of allowing anyone to add NIP's.



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