NXT :: descendant of Bitcoin - Updated Information

[punkrock]

Yes, mining is really 2000 and late. Forging FTW! It's unbelievable how much electricity we burn at this time for generating coins. I hope this will end as soon as possible.

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[Anon136]

The more and more I find mining so barbaric and snobistic.

haha i know exactly what you mean. im looking at this new proposal eTherium and it really piques my interest but i cant stop thinking, "mining... really... what is this 2009?"

Was it you that published that article here from bitcoin carbon footprint.

I lost it got to look it up again.

this is the article i wrote https://docs.google.com/document/d/1E_ToOMG2l1XThx6YnyXEajXaf6H1k2yjq8XkAF0ScB4/mobilebasic?pli=1

[msin]

The more and more I find mining so barbaric and snobistic.

haha i know exactly what you mean. im looking at this new proposal eTherium and it really piques my interest but i cant stop thinking, "mining... really... what is this 2009?"

Wish it was

Yeah, I just feel like mining is a corporate game, no chance for us little guys.

[Anon136]

Yes, mining is really 2000 and late. Forging FTW! It's unbelievable how much electricity we burn at this time for generating coins. I hope this will end as soon as possible.

its not just some nebulous environmental cost either. that cost is baked into the coin in either the form of inflation or unnecessarily high transaction fees.

[EvilDave]

Yes, mining is really 2000 and late. Forging FTW! It's unbelievable how much electricity we burn at this time for generating coins. I hope this will end as soon as possible.

+ lots.

On the marketing side, we do need to play on how efficient and eco-friendly NXT is, in comparison to certain other cryptos that seem to want to eat all the electricity.

I have an idea for both PR, the unclaimed coins and being green :

Figure out how much energy the NXT network uses, then set up a carbon-offset project using some of the unclaimed coins.
NXT becomes the worlds first carbon-neutral, tree loving, planet-saving crypto.

If any one has the time to pick this up and run with it, feel free.  

[Mogly]

The last client show me: WARNING: system properties and/or jvm args set.

What is it?

[punkrock]

Bitcoin network hash rate is at 16,500,000 GH/s. Split it up on countries (USA, Canada, Germany, Russia, China,...). After you know how much GH/s each country has, check out how much a kW/h costs in this countries. Now calculate how much watt (W) you need for this GH/s and check the prices for each kW/h in each country.

[gbeirn]

Bitcoin network hash rate is at 16,500,000 GH/s. Split it up on countries (USA, Canada, Germany, Russia, China,...). After you know how much GH/s each country has, check out how much a kW/h costs in this countries. Now calculate how much watt (W) you need for this GH/s and check the prices for each kW/h in each country.

Yes for bitcoin using the GH/s it would be fairly easy to calculate the cost. Plus all of the e-waste generated from old worthless equipment that is no longer run because it costs more to run then it brings in.

NXT however can run on anything. Old hardware can be re-purposed for NXT.

I think it may be harder to calculate the usage of NXT, is there anyway to query how many nodes are up and running at any given time?

[Chang Hum]

Bitcoin network hash rate is at 16,500,000 GH/s. Split it up on countries (USA, Canada, Germany, Russia, China,...). After you know how much GH/s each country has, check out how much a kW/h costs in this countries. Now calculate how much watt (W) you need for this GH/s and check the prices for each kW/h in each country.

+384,400km, to da mooon!!

[Ola]

I can't find Ola's client. Could anyone give me a link to its screenshots?

there aren's screenshots, I think he got on the list by some error - but I wrote him a message via Facebook, so he will come here and explain

Thank u. I think the same. As utopianfuture said he was working on a poker app iirc.

just a quick drop in saying hello to the community, i heard there was some confusion as  to my contributions so:

https://www.facebook.com/groups/NxtCurrency/ fb group 56 members
https://bitcointalk.org/index.php?topic=359661  effort to help people earlier
https://docs.google.com/spreadsheet/ccc?key=0AoE8nAOEMIa7dDhkdUtLQnJ1T2k5RTRwZ3lPbVloTXc#gid=5    donation for vps
http://www.raspberrypi.org/forum/viewtopic.php?f=62&t=64229&p=0&e=0&sid=3291f65690ae206de9a72aa5e518d0f5  raspberry pi setup
http://wideo.co/view/1504591387756502643-nxt-generation-of-cryptocurrency   help with salsacz video voice over


If these deserve a donation please give it to Nexern..He is going to single handedly launch nxt to the moon if he delivers with the client on set date…
I am not making a client…rather a poker app and am in a race to meet the jan 31 deadline with a demo and at least minimal functionality…I am also learning new things to help as I have not done anything peer to peer like this before…I will need help and when the specs and final foundational code is ready..I will hand it over to someone (anonymous) , sreenshots, demo coming u shortly

Come-from-Beyond: What time do we have to present our AM projects for the bounty?

31th of Jan. We r supposed to have voting from 1st to 3rd of Feb.

this exiting  

In other news..someone pointed me to Adam B Levine's post describing the need for nxt's functionality, you guys should all swarm overthere and inform him that the future is NXT and its already here, I posted a response to his proposal on the second page..

https://bitsharestalk.org/index.php?topic=1854.0
https://bitsharestalk.org/index.php?topic=1854.15  ---response

love this community, one of the best I have ever witnessed 95% awesome

[BitAddict]

The more and more I find mining so barbaric and snobistic.

haha i know exactly what you mean. im looking at this new proposal eTherium and it really piques my interest but i cant stop thinking, "mining... really... what is this 2009?"

Was it you that published that article here from bitcoin carbon footprint.

I lost it got to look it up again.

this is the article i wrote https://docs.google.com/document/d/1E_ToOMG2l1XThx6YnyXEajXaf6H1k2yjq8XkAF0ScB4/mobilebasic?pli=1

BITCARBON FOOTPRINT. HERE YOU HAVE!

http://www.bitcarbon.org/introduction.html

[Anon136]

nxt really is the model for distributed autonomous corporations. Inorder to have thousands or millions of blockchains that are all secure it is imperative that they not be in competition with one another for the resources that make them secure. with mining, the strength of one blockchain is the weakness of another. Or put differently, every hash/s on blockchain a is a hash/s that is not available to secure blockchain b. with the nxt framework we can have an almost infinite number of secure blockchains. this is a prerequisite for a vibrant ecosystem of distributed autonomous corporations.

*edit* i may write a paper about this

[salsacz]

The more and more I find mining so barbaric and snobistic.

haha i know exactly what you mean. im looking at this new proposal eTherium and it really piques my interest but i cant stop thinking, "mining... really... what is this 2009?"

Was it you that published that article here from bitcoin carbon footprint.

I lost it got to look it up again.

this is the article i wrote https://docs.google.com/document/d/1E_ToOMG2l1XThx6YnyXEajXaf6H1k2yjq8XkAF0ScB4/mobilebasic?pli=1

BTW did you see this tweet? I was quite emotional
https://twitter.com/faeriedark/status/423218290605817856

[Anon136]

The more and more I find mining so barbaric and snobistic.

haha i know exactly what you mean. im looking at this new proposal eTherium and it really piques my interest but i cant stop thinking, "mining... really... what is this 2009?"

Was it you that published that article here from bitcoin carbon footprint.

I lost it got to look it up again.

this is the article i wrote https://docs.google.com/document/d/1E_ToOMG2l1XThx6YnyXEajXaf6H1k2yjq8XkAF0ScB4/mobilebasic?pli=1

BTW did you see this tweet? I was quite emotional
https://twitter.com/faeriedark/status/423218290605817856

i dont have a tweeter. can you perhaps copy and past it in this thread for me?

[gbeirn]

The more and more I find mining so barbaric and snobistic.

haha i know exactly what you mean. im looking at this new proposal eTherium and it really piques my interest but i cant stop thinking, "mining... really... what is this 2009?"

Was it you that published that article here from bitcoin carbon footprint.

I lost it got to look it up again.

this is the article i wrote https://docs.google.com/document/d/1E_ToOMG2l1XThx6YnyXEajXaf6H1k2yjq8XkAF0ScB4/mobilebasic?pli=1

BITCARBON FOOTPRINT. HERE YOU HAVE!

http://www.bitcarbon.org/introduction.html

I just found that same site too. I wonder if it would be worthwhile to reach out to him and see what he has to say about NXT. Maybe he could do a piece on it. Not sure who he is or what connections he has to any media or anything

[salsacz]

BTW did you see this tweet? I was quite emotional
https://twitter.com/faeriedark/status/423218290605817856

i dont have a tweeter. can you perhaps copy and past it in this thread for me?

Anon has some fans


before she wrote:

I think I'm taking a break from altcoins today. Except for an essay on #nxtcoin...

[lucky88888]

NEWS just reached me.

from CfB:

the one that can guess exactly when we will hit page 1000 gets 100 NXT the ones who publish on page 1000 get also 10 NXT each

day:
hour:
seconds:

thank you CfB !

in 4hrs from this post. i don't know how to work out the timezones.
My guess Australian time 4:02:02pm 17th Jan, 2014.

[pinarello]

Huh them emu bunch used my username in on of their vids.

apparently they making something personally from it...good,

will reveal some good surprising stuff soon.

http://www.youtube.com/watch?v=cFGgNMYzABg#t=1

disclaimer:

the pinarello used in the video clip for eMunie is set in stage and it is not me.

I have my own opinion about eMunie and the pinarello in the video does not reflect that.

just letting you all know that the eMunie people are not afraid of trickery apparently.

I am not and will never get involved with eMunie.

word for the wise, look out for that kind of people they arent affraid to do anything

the real pinarello
Pin

[salsacz]

I would like share some marketing plans in the Nxt PR Marketing thread: https://bitcointalk.org/index.php?topic=412243.msg4555415#msg4555415

[Damelon]

In other news..someone pointed me to Adam B Levine's post describing the need for nxt's functionality, you guys should all swarm overthere and inform him that the future is NXT and its already here, I posted a response to his proposal on the second page..

https://bitsharestalk.org/index.php?topic=1854.0
https://bitsharestalk.org/index.php?topic=1854.15  ---response

love this community, one of the best I have ever witnessed 95% awesome

This article is great. Much food for thought.
It fits in with the discussions on voting and fees we've been having the last few days.
Giving it a more thorough read tomorrow.

Thanks for posting this!