NXT :: descendant of Bitcoin - Updated Information

[apenzl]

Hi, i have a webdesign-agency with 5 employes. How can i helping the NXT-Community (for free)?

We are fokused on Screendesign, UI-Design, Responsive Design. I will help to make a clean and structure corporate design, a better and consistent cover over the NXT project. More idendity is more professional and more trust building.

we need a website similar to mynxt.org, but still better, for nxt.org

it could be similar to this site: http://www.tectonica.co/

Also right now I use a one page for different kinds of people. I am sending this page to journalists: http://justpaste.it/nxt-introduction-4-journalists
and this to shops: http://justpaste.it/accept-nxt

So it might be implemented somewhere, but with simple design around..

+ others >

Thanks for input. Keep it coming, I'll gather it for the dude.

[BitcoinForumator]

Can someone who has the know-how explain the in-and-out's of this "NXT mining" and if it's really a big deal?

I'm seeing news all over the place and suggestions that it's quite a "boost to NXT".


Overhyped marketing again or something more?

[Damelon]

I would like for us to try and come up with a "NXT Mission Statement".

http://en.wikipedia.org/wiki/Mission_statement
https://www.missionstatements.com/
http://www.entrepreneur.com/article/65230
http://www.norcblueprint.org/uploads/File/Mission_Statement_Guidelines.pdf
http://www.fastcompany.com/1400930/how-write-mission-statement-isnt-dumb

From the links above:

"A mission statement defines in a paragraph or so any entity's reason for existence. It embodies its philosophies, goals, ambitions and mores. Any entity that attempts to operate without a mission statement runs the risk of wandering through the world without having the ability to verify that it is on its intended course."
 
I suggest two rules to this exercise.  

First, posts containing your personal vision of the NXT mission statement contain no elaboration, explanation or follow-on text.  The whole point of a mission statement is that it is short and self-contained, and is supposed to stand alone.

Second, say or post NOTHING about anybody else's NXT Mission Statement, only modify and resubmit your own based on what you see others write.

This is a brainstorming exercise.  We will probably end up with several variants of a mission statement.  This may help us identify and understand different "subcultures" in our community and who belongs to them.  

Or this may just be an exercise in futility, I dunno.

Here's a first draft of "My NXT Mission Statement":  

The mission of NXT is to become humanity's most widely used blockchain-based currency for the purchase of goods and services online.

Think there needs to be more?  This mission statement is a blockchain of sorts - add to (or fork) it!

I'm working on this with QBTC, after the "branding" fell through.
I already collected surveys from Nxt members for this, but more are welcome.
The survey can be found here. We will collate this into a unified and understandable (ie. not all over the place) mission and vision.

QBTC is a professional in this field and I am very happy that she wants to help out with this as far as her time allows her to do.

For those who want: the survey can be found here: https://bitcointalk.org/index.php?topic=412243.msg5487600#msg5487600
Answers can be posted in the marketing thread. I will then get them to QBTC and we will work on this.

[Eadeqa]

Can someone who has the know-how explain the in-and-out's of this "NXT mining" and if it's really a big deal?

I'm seeing news all over the place and suggestions that it's quite a "boost to NXT".


Overhyped marketing again or something more?

It has nothing to do with Nxt itself. You join the pool that mine other altcoins, dump them on exchanges in return for nxt. All this is done automatically (bots) without much user input.  

I am sure the volume is really small, but it keeps the "buy" side ticking on exchanges.

[Damelon]

Can someone who has the know-how explain the in-and-out's of this "NXT mining" and if it's really a big deal?

I'm seeing news all over the place and suggestions that it's quite a "boost to NXT".


Overhyped marketing again or something more?

It has nothing to do with Nxt itself. You join the pool that mine other altcoins, dump them on exchanges in return for nxt. All this is done automatically (bots) without much user input.  

I am sure the volume is really small, but it keeps the "buy" side ticking on exchanges.

It's a way to siphon the "value" of other coins into Nxt.

Basically a pool that pays out in Nxt instead of BTC.

[igmaca]

a transactions's fee should be tied to its byte size on the blockchain

...

There is another possibility.

Dynamic fees. byte size on the blockchain Vs Nxt coins market so that in order to if you want to forge you can provide a nxt per byte minimum price you are willing to offer to forge.
everybody have the possibility to make their numbers to see if it is profitable or not to forge.
if the price reaches a very high value should nevertheless have a minimum VPS nodes to ensure network.
in order to forge more attractive can be charged other services like;
leasing of computer

and so on

I think this solution solves;

fee is adjusted automatically
fee takes into account the costs of the nodes always updated
fee is charged per byte size on the blockchain
the concept of instant transactions is not broken
prevents spam

[avanda1121]

Anyone have problem on http://coinpool.byethost32.com/
 

[salsacz]

You can buy anything on Amazon by Nxt right now:

http://coinverted.com/shop/ accepts Nxt

btw...

Would you accept Nxt cryptocurrency? Open letter for shops and exchanges
http://justpaste.it/accept-nxt
https://i.imgur.com/36PESUM.jpg
https://i.imgur.com/0GIBHfl.jpg

15 new shops (since Saturday) now accept Nxt

[mikesbmw]

Thats because of all the "every type of altcoin going" pump and dump mentality. People are starting to realise nxt has never been a pump and dump coin. Now all you see is pumping and dumping of the alt clones to transfer to nxt. If anything Nxt has given a purpose for the alt clones and thats is pumping them to dump for nxt. alts are a way for people to obtain nxt without putting up fiat. imo any ways. i personally mine alts to swap for ghs at cex or buy nxt with em and thats it. nxt is my gold stash lol

And now we have 2 pools www.hashrate.org and www.nxtp00l.org i dont even have to handle to alts lol

You get your mining rig and electricity for free?  

I've been considering building a mining rig just for this purpose, but it really goes against every fiber in my body to waist KW/hours of energy for "nothing". I might as well invest another 1000 euros in NXT.

I also think it goes against the POS mentality. Yeah, NXT is POS, but you are MINING and waisting energy on other shit coins. Seems a bit odd, doesn't it?

[Sebastien256]

Thats because of all the "every type of altcoin going" pump and dump mentality. People are starting to realise nxt has never been a pump and dump coin. Now all you see is pumping and dumping of the alt clones to transfer to nxt. If anything Nxt has given a purpose for the alt clones and thats is pumping them to dump for nxt. alts are a way for people to obtain nxt without putting up fiat. imo any ways. i personally mine alts to swap for ghs at cex or buy nxt with em and thats it. nxt is my gold stash lol

And now we have 2 pools www.hashrate.org and www.nxtp00l.org i dont even have to handle to alts lol

You get your mining rig and electricity for free?  

I've been considering building a mining rig just for this purpose, but it really goes against every fiber in my body to waist KW/hours of energy for "nothing". I might as well invest another 1000 euros in NXT.

I also think it goes against the POS mentality. Yeah, NXT is POS, but you are MINING and waisting energy on other shit coins. Seems a bit odd, doesn't it?

Well, imo, mining NXt is only temporary, until most PoW coin worth nothing.

[ShroomsKit_Disgrace]

Thats because of all the "every type of altcoin going" pump and dump mentality. People are starting to realise nxt has never been a pump and dump coin. Now all you see is pumping and dumping of the alt clones to transfer to nxt. If anything Nxt has given a purpose for the alt clones and thats is pumping them to dump for nxt. alts are a way for people to obtain nxt without putting up fiat. imo any ways. i personally mine alts to swap for ghs at cex or buy nxt with em and thats it. nxt is my gold stash lol

And now we have 2 pools www.hashrate.org and www.nxtp00l.org i dont even have to handle to alts lol

You get your mining rig and electricity for free?  

I've been considering building a mining rig just for this purpose, but it really goes against every fiber in my body to waist KW/hours of energy for "nothing". I might as well invest another 1000 euros in NXT.

I also think it goes against the POS mentality. Yeah, NXT is POS, but you are MINING and waisting energy on other shit coins. Seems a bit odd, doesn't it?

Take this "mining" thing as a have-to-do cleaning in the uberpopulated world of altcoins 

[okaynow]

15 new shops (since Saturday) now accept Nxt

Salca you are on a spree! Great job, man,
You are putting a lot of effort in this.

On the pasted text, there is a small typo, it should read: "Instructions for programmers".
Thanks for your efforts
-Fo-

[pandaisftw]

There's just 1 problem with a list of predefined categories though; it's centralized.

As far as I understand, the DGS (digital goods store) also won't have categories. CFB does not like this idea of centralization. (even though it would help the user)

I don't think it'll be centralized if each client decides what pre-defined categories it shows? Btw, you should make these categories a) as general as possible and b) perhaps only for large markets. For example, cryptocurrencies should definitely be a category. Fiat, stocks... that's all I can think of at this hour Perhaps even more general categories such as "Most Traded (All Time)", "Fastest Rising", "Alphabetical", "Newest Assets", etc.

I think of pre-defined categories just as a way for users/issuers to get started with the most popular assets types (to make the AE look good, of course). Using tags, that will give the issuer and users unlimited freedom to sort and categorize assets as they please.

You could also add an option for a user to to link their client to a service provider's API, and perhaps grab a specialized list from their servers. While a nice addition, IMHO it's not a replacement for the tag system.

Pandaisftw

[bitcoinpaul]

these new nxt pools are really good and very welcomed but the community is overetimating its value. it's not a huge deal.
1) ppl keep saying how this will "push" price of nxt due to need of buying coins to send to miners. nxt doesn't need an artificial price raise but instead price raise because more ppl are using it, trading it, it has features that add value to it etc
2) miners will also eventually sell their mined nxt so it will also "pressure sell side"

It's about getting a bigger audience.

[mikesbmw]

Thats because of all the "every type of altcoin going" pump and dump mentality. People are starting to realise nxt has never been a pump and dump coin. Now all you see is pumping and dumping of the alt clones to transfer to nxt. If anything Nxt has given a purpose for the alt clones and thats is pumping them to dump for nxt. alts are a way for people to obtain nxt without putting up fiat. imo any ways. i personally mine alts to swap for ghs at cex or buy nxt with em and thats it. nxt is my gold stash lol

And now we have 2 pools www.hashrate.org and www.nxtp00l.org i dont even have to handle to alts lol

You get your mining rig and electricity for free?  

I've been considering building a mining rig just for this purpose, but it really goes against every fiber in my body to waist KW/hours of energy for "nothing". I might as well invest another 1000 euros in NXT.

I also think it goes against the POS mentality. Yeah, NXT is POS, but you are MINING and waisting energy on other shit coins. Seems a bit odd, doesn't it?

Well, imo, mining NXt is only temporary, until most PoW coin worth nothing.

Temporary? You know of any people who will stop when they make a profit?
I think it's wrong to dilute NXT's POS scheme.

It's true people have been doing this already on their own, but now it's a service directly offered for / by NXT (it's on the front page...   )

"Don't worry people! We are only dumping toxic waste in your water as long as toxic waste is being produced"  

EDIT: Oh and from a marketing point-of-view it isn't smart either. People will have a field day: "See NXT needs POW to grow!".

[pandaisftw]

Thats because of all the "every type of altcoin going" pump and dump mentality. People are starting to realise nxt has never been a pump and dump coin. Now all you see is pumping and dumping of the alt clones to transfer to nxt. If anything Nxt has given a purpose for the alt clones and thats is pumping them to dump for nxt. alts are a way for people to obtain nxt without putting up fiat. imo any ways. i personally mine alts to swap for ghs at cex or buy nxt with em and thats it. nxt is my gold stash lol

And now we have 2 pools www.hashrate.org and www.nxtp00l.org i dont even have to handle to alts lol

You get your mining rig and electricity for free? 

I've been considering building a mining rig just for this purpose, but it really goes against every fiber in my body to waist KW/hours of energy for "nothing". I might as well invest another 1000 euros in NXT.

I also think it goes against the POS mentality. Yeah, NXT is POS, but you are MINING and waisting energy on other shit coins. Seems a bit odd, doesn't it?

Well, imo, mining NXt is only temporary, until most PoW coin worth nothing.

Temporary? You know of any people who will stop when they make a profit?
I think it's wrong to dilute NXT's POS scheme.

It's true people have been doing this already on their own, but now it's a service directly offered for / by NXT (it's on the front page...  )

"Don't worry people! We are only duping toxic waste in your water as long as toxic waste is being produced" 

Eventually, everyone will have to switch to PoS (because PoW will keep getting dumped, and not just by NXT - multipools are popping up everywhere), what will you mine then? Plus, it won't "dilute" NXT, because no new NXT are being created.

Anyways, I don't think it has anything to do with NXT's ideology as a whole. You can't stop people from doing what they want...
Pandaisftw

[bitcoinpaul]

EDIT: Oh and from a marketing point-of-view it isn't smart either. People will have a field day: "See NXT needs POW to grow!".

->

It's about getting a bigger audience.

and

market it as "use your available rigs to convert from 1st to 2nd crypto now instead of wasting time and energy on soon to be dead altcoins"

[salsacz]

+ this is good http://tuckfheman.com/post/80139212670/you-can-now-mine-nxt

[mikesbmw]

What I ment by "diluting the NXT POS scheme", is that you're using POW to directly buy NXT. It's against one of the POS principles (don't waste energy).
And as long as there will be crapcoins (they will keep popping up for as long as people can make a quick buck on them) people will keep mining them.

Getting a bigger audience by letting go one of the POS principles?
I think I'm in one of my philosophical fases or whatever, but it feels like dumping toxic waste somewhere to grow yourself a clean business.  

I won't go on about this. Just letting you know how I think about it  

[Damelon]

What I ment by "diluting the NXT POS scheme", is that you're using POW to directly buy NXT. It's against on of the POS principles (don't waste energy).
And as long as there will be crapcoins (they will keep popping up for as long as people can make a quick buck on them) people will keep mining them.

Getting a bigger audience by letting go one of the POS principles?
I think I'm in one of my philosophical fases or whatever, but it feels like dumping toxic waste somewhere to grow yourself a clean business. 

I won't go on about this. Just letting you know how I think about it 

Rule one of the internet: people will do what they do.

Nxt is open. The *system* may be PoS. That doesn't mean people will be limited by it.
The only way to counteract that is to centrally limit it.

This is one of those "take the good with the bad" situations.

The only thing Nxt developers can do is not actively promote it by writing the code for it themselves.
That is where a mission statement that rickyjames was talking about comes in handy.

It means no core coding would be allocated to facilitating it out of the community. But that's as far as it would go