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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761604 times)
bitcoinpaul
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January 06, 2014, 06:36:43 PM
 #14701

darkNXT it is!
klee
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January 06, 2014, 06:37:41 PM
 #14702


Question for BCNext:

Are you supported by known SR vendors?
martismartis
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January 06, 2014, 06:44:52 PM
 #14703

How to understand amounts of 16.1 or 2.54 NXT in trading at Dgex???
greyw00lf
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January 06, 2014, 06:46:40 PM
 #14704

So it is the interests of the initial stakeholders to let the NXT out in a fairly linear fashion, bit by bit, so that they can maintain a reasonable level of wealth. Same goes for Bitcoin early adopters and any other crypto, see Doge for example.
That's exactly what i always said. The best for NXT is that the big (or initial) stakeholders let out their NXT slowly. And that's also in their interest.

I just thought that the distribution was at an more advanced stage, but obviously i was wrong Wink

rickyjames
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January 06, 2014, 06:50:27 PM
 #14705

... oh... i don't like the second picture.
So that means almost all NXT are in the hands of the really, really, REALLY big (10m+) stakeholders,
maybe just 200m NXT are spread amongst smaller stakeholders :/

Dirstribution is still one of the most important goals in my opinion...

The last column on the right in this picture is actually just one account, the dgex.com reserve account.

To get things into perspective: Anybody knows of such graphs for fiat currencies for some countries? ;-)

Percentage of wealth held in 2000 by the Top 10% of the adult population in various Western countries:
Switzerland   71.3%
United States   69.8%
Denmark   65.0%
France   61.0%
Sweden   58.6%
UK   56.0%
Canada   53.0%
Norway   50.5%
Germany   44.4%
Finland   42.3%




To compare NXT to countries, you want to come up with the NXT "Lorenz curve" and "Gini coefficient".


http://en.wikipedia.org/wiki/Gini_coefficient

http://www.fao.org/wairdocs/ilri/x5547e/x5547e0l.htm

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2172rank.html

http://visualign.wordpress.com/2011/09/02/inequality-lorenz-curves-and-gini-index/

Remember that there's only been around six weeks so far to distribute NXT via a currency market....that's how long Dgex has been open.
gbeirn
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January 06, 2014, 06:52:31 PM
 #14706

How to understand amounts of 16.1 or 2.54 NXT in trading at Dgex???

They can support fractional amounts but since all withdrawals are done manually you can't actually withdraw that amount. 

NXT VPS Server Donations can be sent here: 6044921191674841550
At the end of each month I will donate some of them back to the community.
This is separate from my main wallet so you can keep track of them. I will keep them in there and only use them for hosting.
pinarello
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January 06, 2014, 06:58:44 PM
 #14707


Question for BCNext:

Are you supported by known SR vendors?


that would be something woudnt it?

Pin

klee
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January 06, 2014, 07:01:38 PM
 #14708


Question for BCNext:

Are you supported by known SR vendors?


that would be something woudnt it?

Pin
Even if true I think we will not admit it..
Come-from-Beyond
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January 06, 2014, 07:02:44 PM
 #14709

Yes, good idea but no need to make a new address.

Yes there is.

a) the checksum must be mandatory on the protocol level or it won't be used enough.
b) the check cannot be done only on the client, this doesn't solve unhealthy server problem. This leads us again to the protocol level.

And checksum should not be easily distinguishable from the address for various psychological reasons.


Later transactions will be signed on client side.
punkrock
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January 06, 2014, 07:03:29 PM
 #14710

Many have reported bad experiences with using Dgex. I wished they had not happened. While I really dislike the exchange for its features and user interface, I'd like to share that I have traded several million Nxt through this exchange since the day there were launched - with not a single problem. All withdrawals were delivered (within their stipulated time frame) and all arrived safely.

Having said that, I join all other users in stating my displeasure over the way they increased fees without any notice.
+1

Same here. Never had problems with DGEX but I really hope Graviton will pay some coders to bring DGEX into the year 2001.

+1
Damelon
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January 06, 2014, 07:04:06 PM
 #14711

BCNext:

Personal question: What do you think about the Iron Man franchise? Do you think they portrayed your life in an authentic way, or did they romanticise it too much?

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
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wesleyh
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January 06, 2014, 07:05:34 PM
 #14712

Many have reported bad experiences with using Dgex. I wished they had not happened. While I really dislike the exchange for its features and user interface, I'd like to share that I have traded several million Nxt through this exchange since the day there were launched - with not a single problem. All withdrawals were delivered (within their stipulated time frame) and all arrived safely.

Having said that, I join all other users in stating my displeasure over the way they increased fees without any notice.
+1

Same here. Never had problems with DGEX but I really hope Graviton will pay some coders to bring DGEX into the year 2001.

+1

2001? Haha, I guess it's 1998 now so 2001 would be a good improvement ;-)
Come-from-Beyond
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January 06, 2014, 07:09:26 PM
 #14713

Interesting thread - https://bitcointalk.org/index.php?topic=401474.msg4347412#msg4347412
wakasaki808
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January 06, 2014, 07:12:41 PM
 #14714


omg...

The guys don't quit...they already made $400 though lol.
pinarello
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January 06, 2014, 07:13:57 PM
 #14715


hey they use all our stuff.


notsoshifty
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January 06, 2014, 07:15:15 PM
 #14716


I'm not convinced those two transfers weren't shills to give it some legitimate appearance. At least, that's what I hope.
Damelon
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January 06, 2014, 07:16:22 PM
 #14717


I'm not convinced those two transfers weren't shills to give it some legitimate appearance. At least, that's what I hope.

Or just to get the old "NOOOO, some idiot actually PAID THEM!!!!" rants going. Smiley

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davethetrousers
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January 06, 2014, 07:16:47 PM
 #14718

Another thread to lawl about: https://bitcointalk.org/index.php?topic=401028.0

idev
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January 06, 2014, 07:20:30 PM
 #14719

Who knew that Come-From-Beyond had a twin brother called Come-from-Beyiond Cheesy
starik69
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January 06, 2014, 07:20:42 PM
 #14720

I was tired that my client always hung after working for some hours and decided to code little hack. Now it seems to me its working much smoother. Cool
Sorry, but i am no way a programmer, so could some gurus look at it? It is very rude attempt to regulate connected peers.

I added two functions in activePeers.html into "function initialize()"

Original code:
Code:
			function initialize() {
setInterval(function() {
var i, time = (new Date()).getTime(), element;
for (i = 0; i < downloadingDeadlines.length; i++) {
if (downloadingDeadlines[i] > 0 && downloadingDeadlines[i] <= time) {
element = document.getElementById("downloading" + i);
if (element != null) {
element.className = "disabledDownloading";
}
downloadingDeadlines[i] = 0;
}
}
for (i = 0; i < uploadingDeadlines.length; i++) {
if (uploadingDeadlines[i] > 0 && uploadingDeadlines[i] <= time) {
element = document.getElementById("uploading" + i);
if (element != null) {
element.className = "disabledUploading";
}
uploadingDeadlines[i] = 0;
}
}
}, 100);
}

And with my hack:
Code:
			function initialize() {
setInterval(function() {
var i, time = (new Date()).getTime(), element;
for (i = 0; i < downloadingDeadlines.length; i++) {
if (downloadingDeadlines[i] > 0 && downloadingDeadlines[i] <= time) {
element = document.getElementById("downloading" + i);
if (element != null) {
element.className = "disabledDownloading";
}
downloadingDeadlines[i] = 0;
}
}
for (i = 0; i < uploadingDeadlines.length; i++) {
if (uploadingDeadlines[i] > 0 && uploadingDeadlines[i] <= time) {
element = document.getElementById("uploading" + i);
if (element != null) {
element.className = "disabledUploading";
}
uploadingDeadlines[i] = 0;
}
}
}, 100);
setInterval(function() {
var ev = new Event("click");
var p = document.getElementById("peers");
for (var k = 0; k < p.rows.length; k++) {
if (p.rows[k].cells[0].className == "disconnected" || p.rows[k].cells[4].className == "disabledWeight") p.rows[k].cells[12].dispatchEvent(ev);
}
}, 60000);
setInterval(function() {
var ev = new Event("click");
var p = document.getElementById("peers");
for (var k = 0; k < p.rows.length; k=k + 2) {
p.rows[k].cells[12].dispatchEvent(ev);
}
}, 300000);
}
Can anyone comment on this? Grin
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