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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761518 times)
utopianfuture
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January 18, 2014, 12:30:47 PM
 #19801

1 account, 10 million.

9 anonymous people are chosen.

3 get the first part of the password.
3 get the second part of the password.
3 get the last part of the password.

So to send money, we just need to contact 1 of every group.  This needs to be a diverse group so that no one can figure out other people that might be in the group of chosen ones.

Make a script that allows input of the password parts and then executes it.

Or better yet, use some sort of screen sharing where each person then enters their password phrase. Everyone can view at the same time.

I like wesleys's idea much more than the idea of having 10 separate account controlled completely by 10 people. To summarize,  I going to put forward this proposal:

1. BCNext create a completely secure account holding 10 million fund

2. BCNext choose 9 trusted password holders who pledge 1. to never reveal the password or his names; 2. to follow the rules of funding; 3 to act expediently when the his password is required

3.
Following wesleyh's proposal  

3 get the first part of the password.
3 get the second part of the password.
3 get the last part of the password.

4. The funding for a new project would follow my concept  of "open bounty" outlined here

Anyone can step up and present his/ her idea, propose a bounty and let the community decides. So we continue the tradition of asking for bounties in a decentralized fashion as we have been already doing in nextcoin and nxtcrypto forums so far. But now funding would be a bit easier to come by since we have common pool in addition to private donors's fund.

This will work easier when we have the voting system in place. A person presents his/ her idea, propose a bounty and action plan, and set up a vote. Community can ask questions in the meantime and when the voting is over, the project will be funded if the vote passes the majority. A democratic and decentralized method of funding projects.

We can even implement this type of "open bounty" even when the voting system is not yet in place. In fact, we actually did it one time already with the case of Maco's android app as the overwhelming majority refused to fund his 500K NXT request for his app. So we actually had a precedent in place already. Let's continue the funding process in this type of decentralized fashion instead of giving one person/ or group the authority of giving out the funds.

5. When a project get funding, a time will be set so that the pass holders can coordinate and send the necessary fund to the project with funding. Make a script that allows input of the password parts and then executes it.

6. A guideline could be as follow (credit nxtberry)

I would also like to see an efficient donation/reward/funding program approx like this:
* 10 NXT donation to new nxters for basic testing
* 100 NXT reward for minor NXT promotion
* 1000 NXT graphics, branding, major promotion etc.
* 10000 NXT minor development, larger graphics work, applets, wide media promotion etc.
* 100000 NXT larger development / significant projects funding, milestone events

That's the proposal to deal with all the funding issue and all the unclaimed coins. Please support this proposal and end this debate in consensus. Please suggest modification as needed.    


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January 18, 2014, 12:31:12 PM
 #19802

you know what we could do with a few millions..
Reward the true Nxters for their work. You don't have to see them here often, because they prefer working on the project instead of chatting....



Btw if anyone missed it, the chapter 2 is little short:

Nxt Myths 2: The unfair distribution of Nxt
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January 18, 2014, 12:32:55 PM
 #19803

By anonymity I meant that he's not revealing himself at all. We're not being beholden to him. These 10M is the only thing he controls. After he gives it he'll be just one of us. You won't be concerned if I disappear, right? ) So don't be concerned about him too.

I can choose 10 people, but:
1. They should be anonymous, so I can't name them )
2. I don't have the passphrase to the account with 10M


I understand you a little better. I think the increased concern for his anonymity (or CfB, etc) is their working knowledge of the software. Maybe I'm too paranoid, but CfB is sitting in Lukashenko's back yard.

So your point is -- these 10 million are the last thing linking BCNext to Nxt. Once the 10 million are distributed, he's free of any responsibility or affiliation. Correct?
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January 18, 2014, 12:35:53 PM
 #19804

I'm launching a cryptocoin based on Nxt AM technology. It will be a PoW coin, but it will be protected against 51% attacks by Nxt PoS algo. If this coin becomes popular then we will see a lot of forks. Any ideas if this will make Nxt more or less popular? Such coins require to have an Nxt wallet, coz transactions a made by paying 1 NXT fee.
any detailed infor?

 
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January 18, 2014, 12:39:08 PM
 #19805

latest news: an exchange in China called bter will add Nxt to their platform

http://bter.com/article/12

 
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January 18, 2014, 12:39:32 PM
 #19806

Maybe I'm too paranoid, but CfB is sitting in Lukashenko's back yard.

Hehe, that's true. But I hope noone will accuse that Nxt was created by Belarusian KGB.  Cheesy
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January 18, 2014, 12:40:01 PM
 #19807


Quote
bounties od giveaways

Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
--
About smaragda and his lies: https://medium.com/@nxtchg/about-smaragda-and-his-lies-c376e4694de9
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January 18, 2014, 12:40:52 PM
 #19808

I'm launching a cryptocoin based on Nxt AM technology. It will be a PoW coin, but it will be protected against 51% attacks by Nxt PoS algo. If this coin becomes popular then we will see a lot of forks. Any ideas if this will make Nxt more or less popular? Such coins require to have an Nxt wallet, coz transactions a made by paying 1 NXT fee.
any detailed infor?

Later. By 31st of Jan.
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January 18, 2014, 12:41:49 PM
 #19809

nice, this will reveal nxt real strength. many people looking at nxt as
a currency only atm but nxt is a very complete financial (+ more)
contruction toolset able to create and run many different decentralized
entities. if time is left, i intend to show a DNA* prototype.
not only a dumb piece of code stored within blockchain but more a dynamic,
semi autonom and selfmodifying agent, able to communicate and serve the user.

* decentralized next agent

I hope u won't create Skynet Grin

well, a real autonomous agent in my definition is an entity able to modify and
enhance itself. you can't do this with classical imperative languages like ethereum is
doing by providing a simple C subset, declaring this as a dsl*.
a real agent is able to change it's own sourcecode[1] and persists it's current state
without the need to store additional endless vars lists to archive this.
the agent i am talking about can search the blockchain for properties he need and than
adding these properties into it's own sourcecode. after usage the agent can hibernate again
within blockchain until his services are needed again. this comes autonomous closer
in my definitions. not perfect but a good start.

*domain specific language

edit: [1] while he is running

  

There's no reason why he could not change his sourcecode while he is not running (by community/member consensus).

sure but this means a higher entity decides about this which is not autonomous from my pov.
i would like to see an agent who communicate with other agents (hibernating or not), e.g asking
for a property e.g. the ability to check a btc-balance outside nxt-space, if the agent finds this code
he should rewrite itself (adding this code during runtime and providing this service immediatly to user)
after service is finished, he not only added some functions but enhanced it's own for future similar requests).
as said, since i am very busy atm these are just general ideas but possible. perhaps i can show an early
and simple prototype for the AM contest.

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January 18, 2014, 12:42:45 PM
 #19810

By anonymity I meant that he's not revealing himself at all. We're not being beholden to him. These 10M is the only thing he controls. After he gives it he'll be just one of us. You won't be concerned if I disappear, right? ) So don't be concerned about him too.

I can choose 10 people, but:
1. They should be anonymous, so I can't name them )
2. I don't have the passphrase to the account with 10M


I understand you a little better. I think the increased concern for his anonymity (or CfB, etc) is their working knowledge of the software. Maybe I'm too paranoid, but CfB is sitting in Lukashenko's back yard.

So your point is -- these 10 million are the last thing linking BCNext to Nxt. Once the 10 million are distributed, he's free of any responsibility or affiliation. Correct?

Lukashenko's back yard is a pretty nice place if you ask me.

Yes, once the 10 million are distributed, he's free of any responsibility or affiliation. Nobody knows if Satoshi even still alive and nobody cares. The same with BCNext. Cfb and other core developers have the code and understanding how to develop Nxt.

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January 18, 2014, 12:44:02 PM
 #19811

latest news: an exchange in China called bter will add Nxt to their platform

http://bter.com/article/12

Yeehaw!

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January 18, 2014, 12:44:44 PM
 #19812

latest news: an exchange in China called bter will add Nxt to their platform

http://bter.com/article/12

I cannot believe I lost the 'Bter' alias for 2 NXT!?!?!  thnx for the link!!!   Grin

Great News!

CFB: Any news regarding the Vircurex implementation?


Many thanks and best regards

Coinonaer
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January 18, 2014, 12:44:58 PM
 #19813

latest news: an exchange in China called bter will add Nxt to their platform

http://bter.com/article/12

nice, I wrote them an e-mail 1 month ago, that they should add nxt
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January 18, 2014, 12:46:02 PM
 #19814

latest news: an exchange in China called bter will add Nxt to their platform

http://bter.com/article/12

Nice one
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January 18, 2014, 12:46:56 PM
 #19815

CFB: Any news regarding the Vircurex implementation?

They asked questions that showed that they were serious about adding Nxt to the exchange. That's it for now.
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January 18, 2014, 12:47:48 PM
 #19816

latest news: an exchange in China called bter will add Nxt to their platform

http://bter.com/article/12

I cannot believe I lost the 'Bter' alias for 2 NXT!?!?!  thnx for the link!!!   Grin

Great News!

CFB: Any news regarding the Vircurex implementation?


Many thanks and best regards

Coinonaer
now the price is rising....

 
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January 18, 2014, 12:48:31 PM
 #19817

I don't want to bother you guys with the NXT price, but we are in a crazy really atm Cheesy
http://dgex.com/ticker4.cgi
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January 18, 2014, 12:48:34 PM
 #19818

Hell, price on DGEX jumped by 25%.

mcjavar, ur friends won't be happy. 1st they bought higher, then they sold lower, and now price is heading to the sky...
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January 18, 2014, 12:48:43 PM
 #19819

latest news: an exchange in China called bter will add Nxt to their platform

http://bter.com/article/12


I have the "bter" alias. Do you think they would be interested?

(all my aliases are here : http://pastebin.com/PYF5RYQi )

http://www.freebieservers.com/  100% FREE GAME SERVERS
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January 18, 2014, 12:49:59 PM
 #19820

latest news: an exchange in China called bter will add Nxt to their platform

http://bter.com/article/12

Nice one
We construct an QQ(like skype) group and vote to bter that which to be added to their exchange platform,and the result is much better... Cheesy

 
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