NXT :: descendant of Bitcoin - Updated Information

[Alias]

Does it need to be able to execute arbitrary general purpose programming code (c++ in your example)? Realistically aren't there only a number of core functions that a DAC or DNA would need to perform. We don't need to go all Turing Complete like Ethereum.

Yes it definitely would need to be able to execute arbitrary general purpose code. DACs would need to be able to compete with real humans making management decisions for their corporations. They never really would be able to but there inferiority in this respect would be countered by the fact that they would be immune to state coercion. Still even with the assistance of state immunity they would need every conceivable asset in their favor for them to stand a chance against human management. The blockchain would definitely need to be turing complete to stand a chance. We really need to be looking at filling the niche that eTherium is trying to capitalize on. We can and should do it better.

*edit* we can and should do it better on totally separate block chains so people who want to just use nxt dont risk downloading malware

There is one large advantage that NXT can have here - voting. A DAC in NXT will of course be governed by it's own rule-set but certain decisions relevant to the actions the DAC takes can be made by consensus too. You're then outsourcing the need for extremely powerful computational power of the DAC to the minds of the community members.

[1714100265]

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[1714100265]

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[Anon136]

need more orders on my awesome orderbook guys, check it out, place some orders, fill some orders, leave some feedback. Anything helps

https://docs.google.com/spreadsheet/ccc?key=0AuZ9UiDk97ajdFQtdHN2RElUQU10NjdqRUNkWm5uUlE#gid=0

[NxtChoice]

http://weibo.com/btc38   announced that they will launch a new cryptocurrency tomorrow 15:30 15:00 (UTC+8), but we don't know which one they will launch.

BTW, I do suggest not send Nxt to those exchanges. The exchange is just a free market and anyone can take party in. We the community can provide technique support if asked. I think there is no paid work for some exchange to p&d. I believe Nxt need to get its success by its innovation.

Edit: BTC38 will open deposit at 14:30.

http://www.btc38.com/altcoin/altgeneral/663.html

Is this where you found it?
What does this article say? Anyone?

What I found is from BTC38 offical weibo page: http://weibo.com/btc38/, that is an announcement for a new cryptocurrency launch today 15:00.

The link you mentioned talked about some guys bought in future coin and future coin price climed 10X. It's a confusion between the Chinese name from the translation of "future coin" and "Nxt".  In Chinese, "next generation" ~ "future"

[landomata]

Does it need to be able to execute arbitrary general purpose programming code (c++ in your example)? Realistically aren't there only a number of core functions that a DAC or DNA would need to perform. We don't need to go all Turing Complete like Ethereum.

Yes it definitely would need to be able to execute arbitrary general purpose code. DACs would need to be able to compete with real humans making management decisions for their corporations. They never really would be able to but there inferiority in this respect would be countered by the fact that they would be immune to state coercion. Still even with the assistance of state immunity they would need every conceivable asset in their favor for them to stand a chance against human management. The blockchain would definitely need to be turing complete to stand a chance. We really need to be looking at filling the niche that eTherium is trying to capitalize on. We can and should do it better.

*edit* we can and should do it better on totally separate block chains so people who want to just use nxt dont risk downloading malware

There is one large advantage that NXT can have here - voting. A DAC in NXT will of course be governed by it's own rule-set but certain decisions relevant to the actions the DAC takes can be made by consensus too. You're then outsourcing the need for extremely powerful computational power of the DAC to the minds of the community members.

SEMI-AUTONOMOUS

[Anon136]

Does it need to be able to execute arbitrary general purpose programming code (c++ in your example)? Realistically aren't there only a number of core functions that a DAC or DNA would need to perform. We don't need to go all Turing Complete like Ethereum.

Yes it definitely would need to be able to execute arbitrary general purpose code. DACs would need to be able to compete with real humans making management decisions for their corporations. They never really would be able to but there inferiority in this respect would be countered by the fact that they would be immune to state coercion. Still even with the assistance of state immunity they would need every conceivable asset in their favor for them to stand a chance against human management. The blockchain would definitely need to be turing complete to stand a chance. We really need to be looking at filling the niche that eTherium is trying to capitalize on. We can and should do it better.

*edit* we can and should do it better on totally separate block chains so people who want to just use nxt dont risk downloading malware

There is one large advantage that NXT can have here - voting. A DAC in NXT will of course be governed by it's own rule-set but certain decisions relevant to the actions the DAC takes can be made by consensus too. You're then outsourcing the need for extremely powerful computational power of the DAC to the minds of the community members.

SEMI-AUTONOMOUS

that defeats the purpose. the semi part can be clubbed over the head by the government.

[EmoneyRu]

Why not just link the open source and forum thread links, if any, for all the available clients.

I'll create in 5 min NRS wrap up that will steal users' passwords. Can it be listed there? Why not?

[Alias]

1) News Aggregation
2) AdWords
3) Domain Names
4) Patents, Copyright and next generation Intellectual Property
5) Insurance
6) Courts, Escrow, and Arbitration
7) Authenticated Anonymous Voting
Prediction Markets
9) Next Generation Search Engines

this + DNA + distributed computation protocoll + 3 month -> nxt gateway to the global finance market -> strike

(building DNAs in c/c++ is dangerous, you can't sandboxing this. at least with a granularity necessary.
interpreted, prototype and self reflectional languages are much better for this, they are also widely used
within academic ai research and there are several good reason for this.)

ps: perhaps DNAs could find some pattern in strange stuff like this -> http://87.230.14.1/download/0003.png or this http://87.230.14.1/download/0002.png
at least it would be fun to shift possibilities some percentages into the right direction.

By "strike" do you mean "technological unemployment"? That's what I see. Like this - http://www.youtube.com/watch?v=0SuGRgdJA_c

Those patterns look like Cellular Automate. Perhaps a DNA could generate it's own income producing academic research outputs based on the NXT system. It already covers a vast amount of fields - economics, sociology, cybernetics, artificial intelligence, chaos theory etc.

Couldn't you sandbox the c/c++ by executing it on a virtual/emulated computer spread across the network? It would certainly be a lot slower.

All this sounds nice and all that, but it seems to be purely theoretical. Are there any reference implementations of a simple DAC? I can see how a DAC's logic can be published using open source, or is the code actually just put into a blockchain?

Maybe a DAC can simply use the NXT blockchain to easily implement its own private blockchain by using AM?

There just seem to be so many gaps between the theory and a DDK (DAC development kit)

James

You are absolutely correct. It is theoretical as there are few obvious implementations of a DAC. The concept wasn't worth thinking about before the advent of decentralised trust-less systems with Bitcoin. And Bitcoin is not necessarily the ideal vehicle on which to slap a DAC. Bitcoin itself can be considered a DAC however. It is decentralised/distributed. It is autonomous and follows its largely pre-defined rule-set. And it serves its community of miners by providing them with block rewards and it rewards its other users with the utility of a decent payment system.

Indeed, the arbitrary message system could be very improtant for this.

Did you miss this comment earlier:

Edit: For a crude test you could ignore the trustless/decentralised nature of a DAC and simply execute a standalone piece of code on 2 or more NXTers computers (i.e. they are already running the NXT client/daemon) which performs some action (like interrogates their balance for example) and get it to message back to your node/instance of the app (and every other node). The messaging could be internal or external to the NXT system. So this simple/pointless app lets everyone in that community (2 or 3 NXTers or however many) know the balance of each others accounts.

[salsacz]

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...

Allwelder, can you make a chinese video with explanation of the clients from Marcus03 and minusbalancer?

if not I will make one, can you publisch on chinese media?

Pin

Yes,I will produce a video,but I did not use their client yet.
And may be I need to have a try.
If you can provide the video,that is better,and can save some time ,I am willing to publish on China media right now and promote it as more as possible.

wanna use any of my video?

http://wideo.co/view/1504591387756502643-nxt-generation-of-cryptocurrency

http://wideo.co/view/1302961386976944647-nxt-mining

http://wideo.co/view/1302961386354824506-nxt-generation-of-cryptocurrency

I can put there your sound, texts, etc

Those videos are great, and I had interest to translate and add subtitle weeks ago, however, those videos are mainly animation and there are no voice, so I gave up. Of course, I think most Chinese who are interested in Nxt at this early stage can read and understand those videos.

I don't see some videos with voice and sounds if I'm not missing something.

voice:
http://wideo.co/view/1504591387756502643-nxt-generation-of-cryptocurrency

[freigeist]

need more orders on my awesome orderbook guys, check it out, place some orders, fill some orders, leave some feedback. Anything helps

https://docs.google.com/spreadsheet/ccc?key=0AuZ9UiDk97ajdFQtdHN2RElUQU10NjdqRUNkWm5uUlE#gid=0

How do I fill/place an order there?!
The sheet is not editable!

[salsacz]

Client is really a con right now. I already imagine chinaman downloading the client via the link on BTER. He will unzip and wtf, that doesn't work right out of the package, what is dis crap  

Why aren't third party clients posted on the main page of http://nxtcrypto.org yet? These were funded, so why not promote them?

Also, ideally we need an entire translation of the nxtcrypto.org site in chinese with a simple button at the top to change language.

Only with caution that they are not checked. Let's be honest, they still can contain malicious code. They were not checked properly.

Since they are not open source (?), this should be discussed before we post them on nxtcrypto.org.

the CHINESE LANGUAGE SHOULD BE DONE ASAP!

I wanted to use unclaimed coins to pay for translations, but people probably don't want to pay for marketing now:


more info:
https://bitcointalk.org/index.php?topic=412243.msg4555477#msg4555477

[landomata]

Does it need to be able to execute arbitrary general purpose programming code (c++ in your example)? Realistically aren't there only a number of core functions that a DAC or DNA would need to perform. We don't need to go all Turing Complete like Ethereum.

Yes it definitely would need to be able to execute arbitrary general purpose code. DACs would need to be able to compete with real humans making management decisions for their corporations. They never really would be able to but there inferiority in this respect would be countered by the fact that they would be immune to state coercion. Still even with the assistance of state immunity they would need every conceivable asset in their favor for them to stand a chance against human management. The blockchain would definitely need to be turing complete to stand a chance. We really need to be looking at filling the niche that eTherium is trying to capitalize on. We can and should do it better.

*edit* we can and should do it better on totally separate block chains so people who want to just use nxt dont risk downloading malware

There is one large advantage that NXT can have here - voting. A DAC in NXT will of course be governed by it's own rule-set but certain decisions relevant to the actions the DAC takes can be made by consensus too. You're then outsourcing the need for extremely powerful computational power of the DAC to the minds of the community members.

SEMI-AUTONOMOUS

that defeats the purpose. the semi part can be clubbed over the head by the government.

Semi part == community consensus via Voting system.

[landomata]

I wanted to use unclaimed coins to pay for translations, but people probably don't want to pay for marketing now:


more info:
https://bitcointalk.org/index.php?topic=412243.msg4555477#msg4555477

THAT IS MARKETING

[Alias]

Does it need to be able to execute arbitrary general purpose programming code (c++ in your example)? Realistically aren't there only a number of core functions that a DAC or DNA would need to perform. We don't need to go all Turing Complete like Ethereum.

Yes it definitely would need to be able to execute arbitrary general purpose code. DACs would need to be able to compete with real humans making management decisions for their corporations. They never really would be able to but there inferiority in this respect would be countered by the fact that they would be immune to state coercion. Still even with the assistance of state immunity they would need every conceivable asset in their favor for them to stand a chance against human management. The blockchain would definitely need to be turing complete to stand a chance. We really need to be looking at filling the niche that eTherium is trying to capitalize on. We can and should do it better.

*edit* we can and should do it better on totally separate block chains so people who want to just use nxt dont risk downloading malware

There is one large advantage that NXT can have here - voting. A DAC in NXT will of course be governed by it's own rule-set but certain decisions relevant to the actions the DAC takes can be made by consensus too. You're then outsourcing the need for extremely powerful computational power of the DAC to the minds of the community members.

SEMI-AUTONOMOUS

that defeats the purpose. the semi part can be clubbed over the head by the government.

Not really. There are DACs and there are autonomous agents (like in Ethereum, I can see why these might need to be Turing Complete) AKA DNAs (Decentralised NXT Agents). I agree that a strong definition of a DNA shouldn't involve consensus/voting. However, a Decentralised Autonomous Community is literally operating to support its community. They ought to have the ability to at least acknowledge or verify or oppose important decisions. The DAC could conceivably ignore any voting input if it "knows" based on its available data that its course of action is the optimal one.

[jl777]

Edit: For a crude test you could ignore the trustless/decentralised nature of a DAC and simply execute a standalone piece of code on 2 or more NXTers computers (i.e. they are already running the NXT client/daemon) which performs some action (like interrogates their balance for example) and get it to message back to your node/instance of the app (and every other node). The messaging could be internal or external to the NXT system. So this simple/pointless app lets everyone in that community (2 or 3 NXTers or however many) know the balance of each others accounts.

So, the DAC is opensource software that runs on people's computers
It uses NXT blockchain to store its actions in the blockchain using AM

This would allow for any language to be used to run the DAC, even C!
The realworld actions of the DAC would be done within the opensource code

The DAC would then be limited to actions that can be done via software. Actions like crypto transactions, including Asset Exchange would be possible.

[landomata]

Not really. There are DACs and there are autonomous agents or DNAs (Decentralised NXT Agents). I agree that a strong definition of a DNA shouldn't involve consensus/voting. However, a Decentralised Autonomous Community is literally operating to support its community. They ought to have the ability to at least acknowledge or verify or oppose important decisions. The DAC could conceivably ignore any voting input if it "knows" based on its available data that its course of action is the optimal one.

This is artificial intelligence is it not?

[Alias]

Not really. There are DACs and there are autonomous agents or DNAs (Decentralised NXT Agents). I agree that a strong definition of a DNA shouldn't involve consensus/voting. However, a Decentralised Autonomous Community is literally operating to support its community. They ought to have the ability to at least acknowledge or verify or oppose important decisions. The DAC could conceivably ignore any voting input if it "knows" based on its available data that its course of action is the optimal one.

This is artificial intelligence is it not?

Yes, but don't confuse that with Artificial General Intelligence AKA Strong AI - http://en.wikipedia.org/wiki/Strong_AI.

[jl777]

Client is really a con right now. I already imagine chinaman downloading the client via the link on BTER. He will unzip and wtf, that doesn't work right out of the package, what is dis crap  

Why aren't third party clients posted on the main page of http://nxtcrypto.org yet? These were funded, so why not promote them?

Also, ideally we need an entire translation of the nxtcrypto.org site in chinese with a simple button at the top to change language.

Only with caution that they are not checked. Let's be honest, they still can contain malicious code. They were not checked properly.

Since they are not open source (?), this should be discussed before we post them on nxtcrypto.org.

the CHINESE LANGUAGE SHOULD BE DONE ASAP!

I wanted to use unclaimed coins to pay for translations, but people probably don't want to pay for marketing now:


more info:
https://bitcointalk.org/index.php?topic=412243.msg4555477#msg4555477

My sense was that a 30% allocation to marketing was supported by a majority. 3 million NXT for marketing is on the low side, but better than nothing.

I hope everyone saw the result of a single small exchange adding NXT.

Just imagine how many more exchanges and websites will support NXT after the 3 million NXT marketing campaign.

James

[ifightformerkel]

Client is really a con right now. I already imagine chinaman downloading the client via the link on BTER. He will unzip and wtf, that doesn't work right out of the package, what is dis crap  

Why aren't third party clients posted on the main page of http://nxtcrypto.org yet? These were funded, so why not promote them?

Also, ideally we need an entire translation of the nxtcrypto.org site in chinese with a simple button at the top to change language.

Only with caution that they are not checked. Let's be honest, they still can contain malicious code. They were not checked properly.

Since they are not open source (?), this should be discussed before we post them on nxtcrypto.org.

the CHINESE LANGUAGE SHOULD BE DONE ASAP!

I wanted to use unclaimed coins to pay for translations, but people probably don't want to pay for marketing now:


more info:
https://bitcointalk.org/index.php?topic=412243.msg4555477#msg4555477

Hey,

what do you mean exactly with review and articels?
Do i get the NXT when i promote NXT on Big german forums too?
Where are over 100k Users?

Second Question.
When i can make it that the biggest german News Site (100 million too 1 billion clicks in a month) write about NXT (bild.de), how much NXT do i get?

[NxtChoice]

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...

Allwelder, can you make a chinese video with explanation of the clients from Marcus03 and minusbalancer?

if not I will make one, can you publisch on chinese media?

Pin

Yes,I will produce a video,but I did not use their client yet.
And may be I need to have a try.
If you can provide the video,that is better,and can save some time ,I am willing to publish on China media right now and promote it as more as possible.

wanna use any of my video?

http://wideo.co/view/1504591387756502643-nxt-generation-of-cryptocurrency

http://wideo.co/view/1302961386976944647-nxt-mining

http://wideo.co/view/1302961386354824506-nxt-generation-of-cryptocurrency

I can put there your sound, texts, etc

Those videos are great, and I had interest to translate and add subtitle weeks ago, however, those videos are mainly animation and there are no voice, so I gave up. Of course, I think most Chinese who are interested in Nxt at this early stage can read and understand those videos.

I don't see some videos with voice and sounds if I'm not missing something.

voice:
http://wideo.co/view/1504591387756502643-nxt-generation-of-cryptocurrency

Thanks! I will translate it and add subtitle in the following day.

[gimre]

Is anyone here running nxtcrypto forums? If so can I somehow "reset my password"?
I don't see link anywhere. I once found an contact e-mail somewhere, but my question was left without an answer.

I am going to readd this feature now.

well it looks like the option to change password (if you already know existing one) was already added.  to reset password required mail server to be configured for the box.  Im not the unix admin on that box so I cant do that.  I will ask BTC24 about this.

Any news on that?