NXT :: descendant of Bitcoin - Updated Information

[msin]

Put DOGE on the decentralised exchange and everybody will here about NXT.

The more I think about it, the more I find this idea insanely ingenious!

This should be the very first asset on NXT AE.

With James DAC, and AE, we can have Doge users trade directly with Nxt. 

[pinarello]

Great DEMO of wesleyh his client !

http://www.youtube.com/watch?v=hAhnpfkM0Z4

donation for video welcome: NXT: 12088507821025750338

donations for wesleyh: NXT:  8189784314684138350

[Uniqueorn]

People want to hear confident leaders on a stage.
People want to hear confident leaders  on a stage.
People want to hear confident leaders  on a stage. 

Well, rickyjames, I think you are a pretty confident guy, do you want to be also a leader on a stage?  

You know, I tried repeatedly to get on a stage to pitch NXT.   It's pretty clear that Paul Snow, the organizer of the conference, politely kept that from happening, altho he put me on an altcurency panel that he headed and ran quite well.  

The problem with putting a guy from NXT on a stage at this point is the current disconnect of the NXT group from the dev team master plan.   We need to get that straight before we go putting people on stage.  Are we a spendable coin?  Are we a Ripple?  Are we a science project?

The only way this issue will get resolved is if any of the big holders actually start hiring developers. WE NEED DEVELOPERS.
This community is SO centralized at the moment that we're 1 month from total collapse

[Fatih87SK]

Great DEMO of wesleyh his client !

http://www.youtube.com/watch?v=hAhnpfkM0Z4

donation for video welcome: NXT: 12088507821025750338

donations for wesleyh: NXT:  8189784314684138350

Missing voice over and the duration is too long.

These two points made me close the video.

Thanks for the video!

[msin]

This testcase succeeded!
We should do some additional similar testcases

Great to see people creating test cases - but it would also help if people created "extreme test cases" that "purposely try to break AE".

Devs unfortunately have a habit of only testing the "expected use cases" themselves (so generally you'd expect that you won't find a bug that way). It is when you do something "only an idiot would do" that you are more likely to uncover any flaws.

Simple examples of such "idiotic" ideas might be things like "0 value" bids/asks or other "out of range values" as well as edge cases to do with zero or potentially negative balances.

Don't just "test that it works" try and "test that you can't screw it no matter how hard you try".

Some bounties for "breaking things" might be in order also (hint to technical funding committee).

Okay, so we need Emule to run a testcase.

[opticalcarrier]

As far as AE goes, and ask/bid orders:  while there is a deadline to put for timing out the transaction if it never gets written to a block, I think it would be even more useable if there were the option of an expiration where if the complete order QTY isnt met by that time, then it becomes invalid.  Is this possible?

[msin]

People want to hear confident leaders on a stage.
People want to hear confident leaders  on a stage.
People want to hear confident leaders  on a stage. 

Well, rickyjames, I think you are a pretty confident guy, do you want to be also a leader on a stage?  

You know, I tried repeatedly to get on a stage to pitch NXT.   It's pretty clear that Paul Snow, the organizer of the conference, politely kept that from happening, altho he put me on an altcurency panel that he headed and ran quite well.  

The problem with putting a guy from NXT on a stage at this point is the current disconnect of the NXT group from the dev team master plan.   We need to get that straight before we go putting people on stage.  Are we a spendable coin?  Are we a Ripple?  Are we a science project?

The only way this issue will get resolved is if any of the big holders actually start hiring developers. WE NEED DEVELOPERS.
This community is SO centralized at the moment that we're 1 month from total collapse

Totally false.  We have 10M unclaimed Nxt to pay for developers.  Don't assume any stakeholder will donate 1 Nxt, that is a huge mistake and the wrong direction to take.  Failure of Nxt will have nothing to do with Stakeholders at this point.  We need to encourage Stakeholders to contribute any way they can, constantly berating them on this thread will only push them into hiding more.  Guys like Pouncer, Klee, etc.. have contributed great amounts to help us and BCNext has gifted us with 10M Nxt to use.  That is an incredible amount and we should all be thankful.

[redsn0w]

Where are you stakeholders ??

[wesleyh]

Great DEMO of wesleyh his client !

http://www.youtube.com/watch?v=hAhnpfkM0Z4

donation for video welcome: NXT: 12088507821025750338

donations for wesleyh: NXT:  8189784314684138350

Hey thanks great video, good touch with the emule alias ;-)

[bitcoinpaul]

Bitcoinpaul asked me an interesting question about how I answered an audience's question at the 2014 Texas Bitcoin Conference:

The guy asked: "Whats the difference between Nxt and Bitcoin and how does it work?"
And your answer was something like "It's built from scratch". This was more an answer to the question "What is the difference between bitcoin and all the other crap altcoins".

Shouldn't be the answer more of what Nxt is capable of and where the trade offs are with Bitcoin (Asset Exchange, energy efficient, 51% attack, 1000tps, ...)?

From a sales/marketing perspective, I like to avoid discussing technical issues of NXT because:

1) I'm not technical.
2) Nothing kills adoption faster then confusion.  A confused mind can not make a decision and alienates people and causes distrust.  When I speak in front of a crowd, my goal is  to get the audience to "trust" me first. Once they trust me, then I can say what I want.  I have those videos coming up...
3) I personally try to avoid talking shit about other crap altcoins because a) I don't know about them, b) talking crap about other coins tends to direct the audience's focus and attention on the wrong coins... :-)

This is my first conference... my presentations will get better as I get a better understanding of the audience.

It will get better :-)

Tai Zen

Well, the guy seemed to be interested in Nxt and the answer was a little boring and, in the light of the recent discussion, not compelling. Maybe dive into AE and other technical things and ask question here. Then you can talk about the interesting stuff, if someone asks. Nobody cares about "written from scratch".

I don't want you to talk shit about other alt coins either. This would just look premature and like you were not convinced of Nxt.

Don't get demotivated by my critic please. I really liked your appearance. Just a little tweak on content.

[opticalcarrier]

Does anyone know when leasing effectiveBalance will go live?  and when it does, does the network determine how to split proceeds?  if it does, I guess it just distributes it back to the balance that the effectiveBalance came from?

[Damelon]

Great DEMO of wesleyh his client !

http://www.youtube.com/watch?v=hAhnpfkM0Z4

donation for video welcome: NXT: 12088507821025750338

donations for wesleyh: NXT:  8189784314684138350

Hey thanks great video, good touch with the emule alias ;-)

Pinarelly is Emule? 

First Satoshi, and now this!

(Also, once again, thanks for the video, Pin! )

[bitcoinpaul]

Does anyone know when leasing effectiveBalance will go live?  and when it does, does the network determine how to split proceeds?  if it does, I guess it just distributes it back to the balance that the effectiveBalance came from?

Leasing effectiveBalance? Long way to go, man.

[dbcmaster]

Help,

I copied and pasted my coin address incorrectly.

The transaction is: http://blocks.nxtcrypto.org/nxt/nxt.cgi?action=3000&acc=413078656745476628

The correct address is: 4130786567454766284

[Fatih87SK]

Bitcoinpaul asked me an interesting question about how I answered an audience's question at the 2014 Texas Bitcoin Conference:

The guy asked: "Whats the difference between Nxt and Bitcoin and how does it work?"
And your answer was something like "It's built from scratch". This was more an answer to the question "What is the difference between bitcoin and all the other crap altcoins".

Shouldn't be the answer more of what Nxt is capable of and where the trade offs are with Bitcoin (Asset Exchange, energy efficient, 51% attack, 1000tps, ...)?

From a sales/marketing perspective, I like to avoid discussing technical issues of NXT because:

1) I'm not technical.
2) Nothing kills adoption faster then confusion.  A confused mind can not make a decision and alienates people and causes distrust.  When I speak in front of a crowd, my goal is  to get the audience to "trust" me first. Once they trust me, then I can say what I want.  I have those videos coming up...
3) I personally try to avoid talking shit about other crap altcoins because a) I don't know about them, b) talking crap about other coins tends to direct the audience's focus and attention on the wrong coins... :-)

This is my first conference... my presentations will get better as I get a better understanding of the audience.

It will get better :-)

Tai Zen

Well, the guy seemed to be interested in Nxt and the answer was a little boring and, in the light of the recent discussion, not compelling. Maybe dive into AE and other technical things and ask question here. Then you can talk about the interesting stuff, if someone asks. Nobody cares about "written from scratch".

I don't want you to talk shit about other alt coins either. This would just look premature and like you were not convinced of Nxt.

Don't get demotivated by my critic please. I really liked your appearance. Just a little tweak on content.

Maybe we should make one good presentation that we can use everywhere.

Personally I hate Powerpoint with those boring bulletins with large text.

We can make something nice with Prezi or something. And then share it.

[BrianNowhere]

yes, but we need to find a very useful/needed use case for average people to use AE. And it must be a very specific use case, not only some theoretical examples. The average people doesn't care that it could sell its stocks using AE if it would be a company.

We should also think about sales of things with very low prices. For example there must be a lot of amateur musicians, programmers and writers who have no easy way to monetize their work. We could provide them with a way to sell digital content for NXT.  This could also work outside the asset exchange as proposed by BCNext. I wrote about this in my previous post.

+1440 + 21 + 1

I'm glad to see people starting to talk about the things that are important to average, real-world people. People get caught up so much in the technical stuff and seem to forget what makes crypto-currency exciting, which is that it solves the problem of sending SMALL sums over the internet.

For large sums, most will stick with credit cards and the protections inherent there. Bitcoin/Crypto solves the problem of how to send someone a nickel, a quarter, a dollar, etc via the internet.  Whoever masters this domain masters all the rest.

And YES, the DOGE community needs to be courted.

[msin]

Help,

I copied and pasted my coin address incorrectly.

The transaction is: http://blocks.nxtcrypto.org/nxt/nxt.cgi?action=3000&acc=413078656745476628

The correct address is: 4130786567454766284

Your Nxt is lost if you sent it to another address, what we call darknxt.  What is your actual Nxt address?

Edit; there is no account associated with your "correct address"

[msin]

yes, but we need to find a very useful/needed use case for average people to use AE. And it must be a very specific use case, not only some theoretical examples. The average people doesn't care that it could sell its stocks using AE if it would be a company.

We should also think about sales of things with very low prices. For example there must be a lot of amateur musicians, programmers and writers who have no easy way to monetize their work. We could provide them with a way to sell digital content for NXT.  This could also work outside the asset exchange as proposed by BCNext. I wrote about this in my previous post.

+1440 + 21 + 1

I'm glad to see people starting to talk about the things that are important to average, real-world people. People get caught up so much in the technical stuff and seem to forget what makes crypto-currency exciting, which is that it solves the problem of sending SMALL sums over the internet.

For large sums, most will stick with credit cards and the protections inherent there. Bitcoin/Crypto solves the problem of how to send someone a nickel, a quarter, a dollar, etc via the internet.  Whoever masters this domain masters all the rest.

And YES, the DOGE community needs to be courted.

Find a solution for SR users and you will see Nxt gain 10x value. 

[Uniqueorn]

yes, but we need to find a very useful/needed use case for average people to use AE. And it must be a very specific use case, not only some theoretical examples. The average people doesn't care that it could sell its stocks using AE if it would be a company.

We should also think about sales of things with very low prices. For example there must be a lot of amateur musicians, programmers and writers who have no easy way to monetize their work. We could provide them with a way to sell digital content for NXT.  This could also work outside the asset exchange as proposed by BCNext. I wrote about this in my previous post.

+1440 + 21 + 1

I'm glad to see people starting to talk about the things that are important to average, real-world people. People get caught up so much in the technical stuff and seem to forget what makes crypto-currency exciting, which is that it solves the problem of sending SMALL sums over the internet.

For large sums, most will stick with credit cards and the protections inherent there. Bitcoin/Crypto solves the problem of how to send someone a nickel, a quarter, a dollar, etc via the internet.  Whoever masters this domain masters all the rest.

And YES, the DOGE community needs to be courted.

Find a solution for SR users and you will see Nxt gain 10x value. 

Isn't this NXTcash ?;P

[ChuckOne]

Put DOGE on the decentralised exchange and everybody will here about NXT.

The more I think about it, the more I find this idea insanely ingenious!

This should be the very first asset on NXT AE.

With James DAC, and AE, we can have Doge users trade directly with Nxt. 

Yes. But it does not matter. DOGE is everywhere!