NXT :: descendant of Bitcoin - Updated Information

[Come-from-Beyond]

Hope BCNext will change his mind regarding browser client.

No, he chose a "decentralized" way. Till April we r working on core and others r working on clients for different platforms. In April all source codes r planned to be published. U, guys, should think how u will be adding new features in 4 months, coz I'm going to move to other projects, I will be only explaining what different pieces of my code do.

[Come-from-Beyond]

No, I never bothered to look if my connection appeared in the Active Peers list and was wondering if you only see other peers.

Only other peers.

[landomata]

can this be coded in??

Yes.

The system has to safeguard customers fiats ....that control should not be in the hands of individual node operator/owners....a person can have a good reputation and still run away with a large amount of fiat at the right time.

lets remove this possibility entirely.

[Come-from-Beyond]

The system has to safeguard customers fiats ....that control should not be in the hands of individual node operator/owners....a person can have a good reputation and still run away with a large amount of fiat at the right time.

lets remove this possibility entirely.

...by eradicating all the fiat.

[Come-from-Beyond]

http://coinmarketcap.com/ shows incorrect number of coins. It's 999'997'987 now.

[landomata]

The system has to safeguard customers fiats ....that control should not be in the hands of individual node operator/owners....a person can have a good reputation and still run away with a large amount of fiat at the right time.

lets remove this possibility entirely.

...by eradicating all the fiat.

So how will people be able to trade on the Nxt Asset Exchange if they don;t have Nxt.....and to obtain Nxt they would need to buy them with fiat thru the Nxt Asset Exchange itself....so there will be a point where Fiat/Nxt will have to be exchanged at particular points in the system.

or I think you mean that Nxt will be the only medium used on the Nxt Asset Exchange...NO FIAT pricing anywhere in the system.

you can enter the Nxt AEX and buy a house, car, alias or gold...whatever and pay in Nxt via this 24/7 Global decentralized marketplace.

[2Kool4Skewl]

The system has to safeguard customers fiats ....that control should not be in the hands of individual node operator/owners....a person can have a good reputation and still run away with a large amount of fiat at the right time.

lets remove this possibility entirely.

...by eradicating all the fiat.

So how will people be able to trade on the Nxt Asset Exchange if they don;t have Nxt.....and to obtain Nxt they would need to buy them with fiat thru the Nxt Asset Exchange itself....so there will be a point where Fiat/Nxt will have to be exchanged at particular points in the system.

or I think you mean that Nxt will be the only medium used on the Nxt Asset Exchange...NO FIAT pricing anywhere in the system.

you can enter the Nxt AEX and buy a house, car, alias or gold...whatever and pay in Nxt via this 24/7 Global decentralized marketplace.

You can always trade Nxt for goods and services without converting to fiat or other cryptocurrencies.  Nxt's decentralized marketplace/auction will help facilitate this exchange.  There will also be gateways operated by individuals that issue fiat or cryptocurrency IOUs and these can be traded in a decentralized manner.

[landomata]

The system has to safeguard customers fiats ....that control should not be in the hands of individual node operator/owners....a person can have a good reputation and still run away with a large amount of fiat at the right time.

lets remove this possibility entirely.

...by eradicating all the fiat.

So how will people be able to trade on the Nxt Asset Exchange if they don;t have Nxt.....and to obtain Nxt they would need to buy them with fiat thru the Nxt Asset Exchange itself....so there will be a point where Fiat/Nxt will have to be exchanged at particular points in the system.

or I think you mean that Nxt will be the only medium used on the Nxt Asset Exchange...NO FIAT pricing anywhere in the system.

you can enter the Nxt AEX and buy a house, car, alias or gold...whatever and pay in Nxt via this 24/7 Global decentralized marketplace.

You can always trade Nxt for goods and services without converting to fiat or other cryptocurrencies.  Nxt's decentralized marketplace/auction will help facilitate this exchange.  There will also be gateways operated by individuals that issue fiat or cryptocurrency IOUs and these can be traded in a decentralized manner.

isn;'t Fiat just an IOU 

[2X84]

Hope BCNext will change his mind regarding browser client.

No, he chose a "decentralized" way. Till April we r working on core and others r working on clients for different platforms. In April all source codes r planned to be published. U, guys, should think how u will be adding new features in 4 months, coz I'm going to move to other projects, I will be only explaining what different pieces of my code do.

I'll dedicate my life (in the foreseeable future) to make sure NXT destroys every other alt-coin in terms of functionality. It can't take that long to learn Java right? I picked up php/sql in a few days...

[Come-from-Beyond]

I'll dedicate my life (in the foreseeable future) to make sure NXT destroys every other alt-coin in terms of functionality. It can't take that long to learn Java right? I picked up php/sql in a few days...

Hm? Nxt needs sane persons, not fanatics.

[superresistant]

Hope BCNext will change his mind regarding browser client.

No, he chose a "decentralized" way. Till April we r working on core and others r working on clients for different platforms. In April all source codes r planned to be published. U, guys, should think how u will be adding new features in 4 months, coz I'm going to move to other projects, I will be only explaining what different pieces of my code do.

I'll dedicate my life (in the foreseeable future) to make sure NXT destroys every other alt-coin in terms of functionality. It can't take that long to learn Java right? I picked up php/sql in a few days...

Go for it dude.

[Come-from-Beyond]

Go for it dude.

I would wait for public review of the source code. Nxt may have a flaw overlooked by BCNext.

[2X84]

I'll dedicate my life (in the foreseeable future) to make sure NXT destroys every other alt-coin in terms of functionality. It can't take that long to learn Java right? I picked up php/sql in a few days...

Hm? Nxt needs sane persons, not fanatics.

Hey, I'm a sane eccentric. Deal with it  .

How large of a flaw?

[Jean-Luc]

It can't take that long to learn Java right? I picked up php/sql in a few days...

Sorry, it's too late now. Once you start with php, you will never think in Java the right way.

[voldemort628]

Hope BCNext will change his mind regarding browser client.

No, he chose a "decentralized" way. Till April we r working on core and others r working on clients for different platforms. In April all source codes r planned to be published. U, guys, should think how u will be adding new features in 4 months, coz I'm going to move to other projects, I will be only explaining what different pieces of my code do.

Hmm then who will be taking care of the project from that point onwards?..

[Passion_ltc]

Hope BCNext will change his mind regarding browser client.

No, he chose a "decentralized" way. Till April we r working on core and others r working on clients for different platforms. In April all source codes r planned to be published. U, guys, should think how u will be adding new features in 4 months, coz I'm going to move to other projects, I will be only explaining what different pieces of my code do.

Which sourcodes are you publishing in Januar? The client core? In April all? (Messaging, Colored Coins, Exchange..)

[Come-from-Beyond]

How large of a flaw?

No idea. Even Satoshi's Bitcoin had vulnerabilities.

[Come-from-Beyond]

Hmm then who will be taking care of the project from that point onwards?..

The community.

[Come-from-Beyond]

Which sourcodes are you publishing in Januar? The client core? In April all? (Messaging, Colored Coins, Exchange..)

January - base features (only ordinary payments).
April - everything.

[Passion_ltc]

Which sourcodes are you publishing in Januar? The client core? In April all? (Messaging, Colored Coins, Exchange..)

January - base features (only ordinary payments).
April - everything.

Okay. But the different features will still be implemented BEFORE the source code will be revealed, right? Do you have a roadmap?