NXT :: descendant of Bitcoin - Updated Information

[rickyjames]

James, I am not going to question or even comment further on any of your ideas.  It seems to me that every time I do, you take it as distracting  neanderthal personal attack and threaten to quit NXT development because both your work and your vision for NXT is so unappreciated.  This is never my intention.  I have only intended to initiate respectful, honest debate on critically important topics.

I do not believe it is appropriate that you have someone you apparently consider to be an ongoing adversary to serve as a treasurer for the funds you control.  Please identify whom you trust to serve in this role and upon their concurrence I will deliver to them passcodes to NXTcommunityfunds, NXTcashoperatingfund and NXTcashcompletionfund.

Best wishes to you and to NXT.

Ricky I would appreciate if you return the NXTcashoperatingfund to me because I decided to give this 1M NXT to a common fund the early adopters/big stakeholders committee will form (official announcement in the following hours) so it can be handled by the community for various projects (including anonymity features) - better to do it more officially rather than James handling the whole chunk, I am sure he will agree..

EDIT: The community should be aware that a big part of the early adopters will ONLY fund from now on in this way - the committee is made exactly for this reason, transparency, fairness and optimal management of resources (both ours and the community's).

Klee, I have sent the NXTcash passcodes to you at your gmail address and the NXTcommunity one to neer at his gmail address, using the system we previously discussed.  I just feel I have rubbed James the wrong way one too many times, and he deserves to have his funds disbursed from somebody that he will feel is not at odds with his decisions.

I have no negative feelings of animosity towards anyone.  This is an amazing community filled with brilliant and wonderful people, especially you, James.  

I remain invested in NXT and will work for its success.  

Hey, guys, thanks for the bears.  And beers.

To da moon!

[bitcoinpaul]

Is there a non-dev explanation of the whole AT thing?

[bitcoinpaul]

This is an amazing community filled with brilliant and wonderful people, especially you, James.  

I remain invested in NXT and will work for its success.

+1

[Sebastien256]

For the people that don't know how mining work.

Just to let you know, that you can easily mine scrypt coin with cpu, it is not the most efficient way, but it would be a good idea at the moment to beta test the Nxt mining pool. You are welcome to test them. More feedback is always welcome. Still you should be able to get some nxt if you have a fast cpu.

The cpu miner can be get at:
http://sourceforge.net/projects/cpuminer/

You need to create a .bat file in the directory of the miner as follow:
add in a start.bat file :

START /LOW minerd -o stratum+tcp://hashrate.org:3008 -u 13777396447329170446 -p xxx -t4

For the hashrate.org pool (http://hashrate.org/). OR

START /LOW minerd -o stratum+tcp://p00l.org:3003 -u 13777396447329170446 -p xxx -t4

For the p00l.org pool (http://www.p00l.org/).

Replace the Nxt address with your (-u Nxtadress). Don't change the password (-p xxx). Note also that the argument -t4 will specify the number of cpu thread the miner will use (for example -t4 = 4 threads). Don't put there a number greater than the number of thread of your CPU.

You can follow the nxt mining thread at https://nextcoin.org/index.php/topic,4399.135.html

Enjoy.

[farl4web]

I have no negative feelings of animosity towards anyone.  This is an amazing community filled with brilliant and wonderful people, especially you, James.  

I remain invested in NXT and will work for its success.  

Hey, guys, thanks for the bears.  And beers.

To da moon!

Thanx and cheers to you too mate! 

[salsacz]

https://www.coinforum.ca/discussion/1242/decentralized-publishing-platform-with-embedded-currency-plus-toronto-meetup

[landomata]

Nxt meme....Bears with Beers....to celebrate this pub of a thread.


So the meme is bears holding beers saying cheers to NXT


I don't care if Nxt is serious tech.....this meme is staying....can someone create and post this as I'm not a graphics guy.

Edit: The bears can also be drinking coco or some other beverage....I do not want to turn off those who do not drink.

[Hegemon]

Nxt meme....Bears with Beers....to celebrate this pub of a thread.


So the meme is bears holding beers saying cheers to NXT


I don't care if Nxt is serious tech.....this meme is staying....can someone create and post this as I'm not a graphics guy.

Edit: The bears can also be drinking coco or some other beverage....I do not want to turn off those who do not drink.

bears + drink = cocacola

[brooklynbtc]

Went to sleep for a few hours and what a party you guys all had!

James, I KNOW you are doing amazing things, I love how passionate you are, I recognize it in myself when the ideas start flowing, and everyone around me is saying "calm down" and I'm not an engineer! I'm the idea guy that makes things so hard for the devs..
You're doing it for your own brain AND THEN going about and building it! AMAZING WORK

No wonder you drop such knowledge in here, but please remember the others haven't been sitting in your brain or on your shoulder while you have been coding the answers to the universe.

We're shocked and surprised by all the things you have created.

                

"Any sufficiently advanced technology is indistinguishable from magic"  Arthur C Clarke

That's what happened with Nodecoin. People here (WHO ARE SUPPOSED TO BE SMART?!?!) FREAKED OUT like monkeys seeing fire, or peasants seeing Dr Frankensteins Monster when you BLEW THEIR MINDS



Monkeys, Just kidding, we're not Monkeys, but we need to open our minds here. Let the thinkers like James THINK and CREATE and then when they come in here with their mumbo jumbo and transfractured multiphase tri-syncd nuclear bonded carbon laser calcs, we need to say, "interesting, can you please explain?"

Then we monkeys, need to try to wrap our insect eating brains around what these Alien Computers from the future are trying to give to us. Sure, some of these guys are pushing blockchain bloating hooey, but they are SHARING with us.. working for the GOOD of Nxt. Some may not work, and some may be contradicted by someone elses great idea, and so on, but we are moving forward.

The FACT that we CAN move forward means we will and must. Now is not the time to apply the brakes.

Lets all take a field trip to Guangdong, or Silicon Valley, and walk right in to their labs, and dev meetings, and when they tell us all their plans and brain storms, we can reply "Me No LIKE. Me Want More BOOBS, Me Want TACOS", see how long until they turf us out on our head in the parking lot.


I apologize to monkeys I have discredited, and I speak with passion, but no judgement or malice.

jefdiesel

[landomata]

Nxt meme....Bears with Beers....to celebrate this pub of a thread.


So the meme is bears holding beers saying cheers to NXT


I don't care if Nxt is serious tech.....this meme is staying....can someone create and post this as I'm not a graphics guy.

Edit: The bears can also be drinking coco or some other beverage....I do not want to turn off those who do not drink.

bears + drink = cocacola

I know.... but these are not gonna be POLAR BEARS....we could use PANDA bears.....everyone loves panda bears.

[Gaman]

Hi James

I myself believe in your idea.  I believe that NXT should focus on the 2.0 part.  The 1.0 part is a long shot against bitcoin, but i think there's no hurt trying it too.

Thank you for all your contributions.  

I can't wait all your ideas to come to fruit!

To the moon...

[gs02xzz]

James, I am not going to question or even comment further on any of your ideas.  It seems to me that every time I do, you take it as distracting  neanderthal personal attack and threaten to quit NXT development because both your work and your vision for NXT is so unappreciated.  This is never my intention.  I have only intended to initiate respectful, honest debate on critically important topics.

I do not believe it is appropriate that you have someone you apparently consider to be an ongoing adversary to serve as a treasurer for the funds you control.  Please identify whom you trust to serve in this role and upon their concurrence I will deliver to them passcodes to NXTcommunityfunds, NXTcashoperatingfund and NXTcashcompletionfund.

Best wishes to you and to NXT.

Ricky I would appreciate if you return the NXTcashoperatingfund to me because I decided to give this 1M NXT to a common fund the early adopters/big stakeholders committee will form (official announcement in the following hours) so it can be handled by the community for various projects (including anonymity features) - better to do it more officially rather than James handling the whole chunk, I am sure he will agree..

EDIT: The community should be aware that a big part of the early adopters will ONLY fund from now on in this way - the committee is made exactly for this reason, transparency, fairness and optimal management of resources (both ours and the community's).

Klee, I have sent the NXTcash passcodes to you at your gmail address and the NXTcommunity one to neer at his gmail address, using the system we previously discussed.  I just feel I have rubbed James the wrong way one too many times, and he deserves to have his funds disbursed from somebody that he will feel is not at odds with his decisions.

I have no negative feelings of animosity towards anyone.  This is an amazing community filled with brilliant and wonderful people, especially you, James.  

I remain invested in NXT and will work for its success.  

Hey, guys, thanks for the bears.  And beers.

To da moon!

Ricky, you are invaluable to the community and I really appreciate your contribution and your commitment of contribution in future. It's probably a good idea to send the funds back to the original whales since they are forming a fund to serve the community for long haul and will have the committees to help to disburse the fund better.

[mrv777]

PS, I am looking for a web developer to give me a hand (well, haha, I need more than just a hand) in developing hashrate.org
I would be willing to offer a slight stake in the overall pool profit in return for the assistance (which is intended to eventually be 2%, once the pool is out of beta.. it is currently 0%.)

I hope someone is helping him!

Is help still needed?  I'm not sure what area of web development is needed (HTML, Javascript, CSS, XML, PHP, etc.), but I will be glad to help if I can.

And good morning everyone

[brooklynbtc]

I have no negative feelings of animosity towards anyone.  This is an amazing community filled with brilliant and wonderful people, especially you, James.  

I remain invested in NXT and will work for its success.  

Hey, guys, thanks for the bears.  And beers.

To da moon!

Hey RJ

 I want to say directly to you thank you for all the help you have given Nxt, and all of here. We need people like you. We need YOU.

 I was thinking about the Sheriff role. You are the hound and the bedrock. Keep us tight and honest.

 I don't want people to be limited by their roles in anyway, but we do know our strengths.


 IN NO WAY am I telling you your role, I know a bit of your background, and you are somewhere around 1000% more qualified than I am..

 Pretend this is a video game, like a big sandbox roleplaying game. The player who is the Sheriff, would have assorted skills, honesty, doggedness, strong morals, and the desire to smack scofflaws down and go for a ride along with the FBI when it needs to happen.

 The player who is the wizard would have their own skill set. magic, medicine, reading arcane languages. The wizard might have to kill some cats for ingredients, or steal the soul of a virgin on her wedding night, but wouldn't let some things like law and order get in the way.

 Now imagine the Sheriff needs a potion to capture a famous scammer. The sheriff goes to the Wizard and pays 100 gold that he has worked hard and honest to obtain. The wizard did some things the Sheriff wouldnt understand and would run counter to his morals, but to catch this scammer he needs this potion.

 Now imagine those 100 gold are 100 nxt and imagine the game is real life.

 Now imagine you can follow this confusing tale and know what I'm talking about..

 

[bitcoinpaul]

PS, I am looking for a web developer to give me a hand (well, haha, I need more than just a hand) in developing hashrate.org
I would be willing to offer a slight stake in the overall pool profit in return for the assistance (which is intended to eventually be 2%, once the pool is out of beta.. it is currently 0%.)

I hope someone is helping him!

Is help still needed?  I'm not sure what area of web development is needed (HTML, Javascript, CSS, XML, PHP, etc.), but I will be glad to help if I can.

And good morning everyone

Of course. Just PM him and get to work. Great!

[CIYAM]

Is there a non-dev explanation of the whole AT thing?

You can think of it has "being able to write contracts" - an AT will have basically all the characteristics of an "account" (so can send AMs and trade Assets, etc.) *but* this account is a "program" rather than a human being.

Thus - if you can read its code (or get someone you trust to check that for you) it can act as a 3rd party which "can't cheat" (I imagine someone will end up offering a service to *validate* ATs and *insure* them in the future to make it easier for non-tech people to use them).

They are perfect for things like "atomic cross chain transfers" and for things like trading Assets for other Assets without the need for complicated external infrastructure or "trusted 3rd parties".

Hope that makes it a "little clearer".

[ShroomsKit_Disgrace]

Wow! So much volume on Bter last 3hours trading Nxt....I take it as good news!  

[rdanneskjoldr]

Ricky I would appreciate if you return the NXTcashoperatingfund to me because I decided to give this 1M NXT to a common fund the early adopters/big stakeholders committee will form (official announcement in the following hours) so it can be handled by the community for various projects (including anonymity features) - better to do it more officially rather than James handling the whole chunk, I am sure he will agree..

EDIT: The community should be aware that a big part of the early adopters will ONLY fund from now on in this way - the committee is made exactly for this reason, transparency, fairness and optimal management of resources (both ours and the community's).

Of course, if some insidious large NXT holders wanted to ensure your scenario, all they would have to do is offer a matching donation of NXT to the mining outputs.

I think just a % above to ensure highest ROI would do the trick, and be sustainable for the longest period.  Then again, I might just be thinking this way because I'm already completely jealous of those of you who can mine in these NXT pools.

I dont like hearing about mining related to Nxt.But i just  consider it automatizing a way of people buying Nxt with their resources.We should think if Nxt mining should be encouraged. If yes.. this idea is quite similar of what nodecoins was supposed to do,but in a different way.It would be a special giveout of some Nxt,as imo we are still in the IPO, although people dont see it this way.

PROPOSAL TO STIMULATE NXT MINING POOLS

A fund is created,with a certain amount of Nxt.For example a fund commitee creates and manages a Nxt account xxxxxxxxxxx, with 500.000 Nxt(any number).Also anyone can support it by donating money to that account.

All those Nxt will be distributed to everyone who has mined in a certain period,from April 1st to April 30th for example, in proportion to how much they have mined.That would be done by sending the Nxt to the pool owners,who can pay it accordingly,as all the workers and how much they mined is public info.
If you mined 0,1% of the total Nxt mined ,you would get 0,1% of the added Nxt too.

This would increase the ROI for mining here,making these pools the most profitable(by far depending on how much is donated), and bringing a lot of people to Nxt> Lots of miners> more Nxt bought every day>buy pressure> price increases. It would also put Nxt in everyones mouth and bring hype.
I have no idea how much people can this bring,but if it did success in introducing Nxt to a lot of people,the increase in the price could be significant.
Some people may think its unfair to subsidize this,but it is a private project,and could be a nice way to let initial stakeholders give out some Nxt, that could be distributed to hundreds(i hope thousands) of persons.

For anyone who has been into poker,this would be like a Rake race.It brings players to a poker room,and make them play as much hands as they can competing between them,because the more you rake you generate,the bigger the prize you will get,although in this case the payout would be lineal.

If we can optimize how many Nxt to giveout,we would bring the most competitive miners in the world to Nxt.And this doesnt punish small miners in any way(their ROI is never reduced).And even if many of them sell their Nxt after, they could never sell more than what they have generated and has been bought by the pools,so it cant be EV- in the long term.Because this would cause an artificial pump,and dump when many miners receive and sell their Nxt.But the important thing is it would make a lot of people know about Nxt.

Ive created this thread to discuss.

https://nextcoin.org/index.php/topic,4487.0.html

[salsacz]

Is there a non-dev explanation of the whole AT thing?

You can think of it has "being able to write contracts" - an AT will have basically all the characteristics of an "account" (so can send AMs and trade Assets, etc.) *but* this account is a "program" rather than a human being.

Thus - if you can read its code (or get someone you trust to check that for you) it can act as a 3rd party which "can't cheat".

Perfect for things like "atomic cross chain transfers" and for things like trading Assets for other Assets without the need for complicated external infrastructure or "trusted 3rd parties".

Hope that makes it a "little clearer".

rofl. Nope, this is like Chinese, sorry (yeah, I know you live in China )

We need somethink like - with AT, or AE?  you can pay sheep for the farmer in Bangladesh or a computer for the school in Zimbabwe

[brooklynbtc]

We on the MC need to put all our energy into making such great videos as this

http://www.youtube.com/watch?v=ZW-oUXqomT0#t=211

THIS is the BENCHMARK