NXT :: descendant of Bitcoin - Updated Information

[TwinWinNerD]

Bter owns only 11 mega NXT now. Dgex owns 63 mega. Now do your maths

Bter got 4 million NXT deposited first day, 7 million second day. At this rate within a week bter will have the most NXT deposits

buying panic starting in China for NXT and DOGE, both following similar price pattern today

James

yes. That comparison is really bad. Dgex had like 2 months headstart.

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[brooklynbtc]

NXT breaks $.10 at bter.. mooon!

[ferment]

Philosophy should not be confused with software development.  Let the software influence philosophy after it's been written.

Didn't want this to one to sleep by! Nice quote...

It seems a lot of folks are confusing table cloths and the tables they rest on.

[nakaone]

I couldn't care less about these calculations. I care about the idea NXT represents and that would make NXT a success or not.

Either you want to present NXT as a rich guy's club with some kind of superior technology or you want to present NXT as a network/ movement for free people, for decentralization and against all power government.

Sorry for the spoiler. Before u continue this discussion u'd better to know that PoS is required only during bootstrapping phase of Nxt. I can't reveal details now, u have to wait for the 3rd part of the plan.

I think he does not like burning

I think isolation makes no sense in the structure of nxt
but I think

he likes excellence

[EvilDave]

Time to repeat myself:

My proposal: small group of guys organise, throw up a quick and dirty voting website as soon as possible, taking as much community feedback into account as possible.

We vote, see how it goes, then change/modify/tweak the voting system until the flood of complaints about it are reduced to a minimum.
Once the site is working to (almost) everyones satisfaction, transfer that functionality into the Nxt client(s)

I propose: utopianfuture, smartwart, coolmist (and anyone else who feels really strongly about it or has the tech skills to get a site up) form a working group and throw something up on the Webs to try out.

I've answered you already! We stopped because CfB said there will be a built-in voting system, so there is no point in making the site now if VS will be done in a week.

Fair enough, bro, but your site seems to be more of a forum polling system, as far as i can see.
Nothing wrong with that but I was proposing that we set-up a full voting system, to test out various voting concepts, such as 1NXT=1vote or 1 account= 1 vote before applying the knowledge gained there to the full VS, when it gets implemented.
Is the VS actually going to be up and running in one week?

And coming back to the point of this whole debate: how are votes going to be counted?



BTW>>>>NXT 2 the moon, looks like its about to hit the magic 0.000100000 on DGEX

[btc2nxt]

We are derailing from our goal.

If the voting system leads to this kinds of reactions and discussions in the community we have to set it aside till emotions calmed down.

Many of us our angry and with reason but not all founders have left us alone in the cold, we all know which ones where always there to support the community.

This is of importance to take into account and try to understand why people react like utopianfuture and many others

Not all wounds are healed. Give it some more time. We don’t have to punish the good with the bad.

Let us focus on the upcoming client and promotion campaigns for that, we pick the voting back up later when NXT is 10$


Pin

Hey I am pretty calm but at some point I had to make some forceful statements. Some people mistakenly thought we are Google with a secret algorithm that can be kept from the
eyes of the public forever. But it is not the case here as we are in an open source community. Maybe BCNext would try to delay the whole source code as far as he can. But more  
likely is  that the source codes will be out in 3 months or 6 month at the latest. Now let's say Litecoin was born only 6 months apart of Bitcoin, which one do you think would win ?

You can't prevent forks and I would say that's about as sure as any sure thing in this world. Now coming back to my earlier statement about me making a fork, well I won't be able to make one until it is as easy as making a clone in coingen. So you probably won't need to worry about me. But you would need to face that reality. Someone with good technical capability would come around and make a fork that can approach NXT's technical capability;  probably not FrictionlessCoin but someone else will.

Please dont let people see NXT as rich guy club. NXT should be a network for free people, for decentralization, for community involvement and against corrupted centralized governments. That image is everything. That is something an average user could aspire for. It could make NXT to be a sustainable movement as Bitcoin is. Voting issue is about a core feature of NXT as any other important features.

+1

[BitcoinForumator]

Still a bit from a former glory, but sune 2 da mune. 

[cremstopper]

I don't know whether to hold or fold!

[relm9]

I think all the action going on over at BTER is going to make some other exchanges take a serious look at NXT.

[dzarmush]

I think all the action going on over at BTER is going to make some other exchanges take a serious look at NXT.

Considering that Cryptsy and Victurex are testing Nxt for quite a while it should be traded on both exchanges pretty soon.

[coolmist]

Nothing wrong with that but I was proposing that we set-up a full voting system, to test out various voting concepts, such as 1NXT=1vote or 1 account= 1 vote before applying the knowledge gained there to the full VS, when it gets implemented.
Is the VS actually going to be up and running in one week?

And coming back to the point of this whole debate: how are votes going to be counted?

BTW>>>>NXT 2 the moon, looks like its about to hit the magic 0.000100000 on DGEX

I'm setting up my version in PHP, I can host it on a server that I use for testing projects.

The 1nxt=1 vote and 1 account = 1 vote would be really easy to code as well.

I just discovered the array_intersect(); function in PHP  .

[utopianfuture]

Nothing wrong with that but I was proposing that we set-up a full voting system, to test out various voting concepts, such as 1NXT=1vote or 1 account= 1 vote before applying the knowledge gained there to the full VS, when it gets implemented.
Is the VS actually going to be up and running in one week?

And coming back to the point of this whole debate: how are votes going to be counted?

BTW>>>>NXT 2 the moon, looks like its about to hit the magic 0.000100000 on DGEX

I'm setting up my version in PHP, I can host it on a server that I use for testing projects.

The 1nxt=1 vote and 1 account = 1 vote would be really easy to code as well.

Let's do it. Too much talk already. We should try different approaches and see which one is best, imho. But obviously nothing will satisfy all people. So let's go with something workable for the majority.

[TwinWinNerD]

half a million to reach 10 on dgex!

[coolfish]

All =1000000000 nxt; //10b
Ab =account balance;

Case two: Similar 1 account = 1 vote , No matter how much the amount, fixed amount of voting.

if Ab<1000; {1 account = 0 vote; fee=1 nxt}  //acct less than 1000, no the vote right.
if Ab>1000 and Ab<=10000; {1 account = 1 vote; fee=1 nxt}
if Ab>10000 and Ab<=100000;  {1 account = 1 vote; fee=1 nxt}
....
.....
if Ab>100000000; {1 account = 1 vote; fee=1 nxt}

In this case, the account count is limited, because each must have nxt amount over 1000.
Maximum number of accounts is 1,000,000,000/1000 =1,000,000 vote

The best poll!

[Modenon]

localnxt.com and localnxtcoin.com up for grabs

PM me if interested. Either to sell or if you want to help set it up and run it, haven't decided yet how to do it.

[windjc]

All =1000000000 nxt; //10b
Ab =account balance;

Case two: Similar 1 account = 1 vote , No matter how much the amount, fixed amount of voting.

if Ab<1000; {1 account = 0 vote; fee=1 nxt}  //acct less than 1000, no the vote right.
if Ab>1000 and Ab<=10000; {1 account = 1 vote; fee=1 nxt}
if Ab>10000 and Ab<=100000;  {1 account = 1 vote; fee=1 nxt}
....
.....
if Ab>100000000; {1 account = 1 vote; fee=1 nxt}

In this case, the account count is limited, because each must have nxt amount over 1000.
Maximum number of accounts is 1,000,000,000/1000 =1,000,000 vote

The best poll!

I think each voting member required to have a minimum 1000 Nxt is a fair idea. You have to make at least a little investment to have a say so. People can't be given more votes simply because they have more NXT. But a limit - like 1000 NXT or 5000 NXT would lessen manipulation.

[dzarmush]

All =1000000000 nxt; //10b
Ab =account balance;

Case two: Similar 1 account = 1 vote , No matter how much the amount, fixed amount of voting.

if Ab<1000; {1 account = 0 vote; fee=1 nxt}  //acct less than 1000, no the vote right.
if Ab>1000 and Ab<=10000; {1 account = 1 vote; fee=1 nxt}
if Ab>10000 and Ab<=100000;  {1 account = 1 vote; fee=1 nxt}
....
.....
if Ab>100000000; {1 account = 1 vote; fee=1 nxt}

In this case, the account count is limited, because each must have nxt amount over 1000.
Maximum number of accounts is 1,000,000,000/1000 =1,000,000 vote

The best poll!

I think each voting member required to have a minimum 1000 Nxt is a fair idea. You have to make at least a little investment to have a say so. People can't be given more votes simply because they have more NXT. But a limit - like 1000 NXT or 5000 NXT would lessen manipulation.

Does make sense. I vote for it. At current price 5000 limit is ok. When the price is higher limit is lower.

[iruu]

Voting per account can't work, IN ANY FORM, because account creation is free!
I can create 255 accounts at one time for free by including their initial transactions in my own block only.

[Fern]

I think all the action going on over at BTER is going to make some other exchanges take a serious look at NXT.

Considering that Cryptsy and Victurex are testing Nxt for quite a while it should be traded on both exchanges pretty soon.

A big shout out to dgex for paving the way.

[Anon136]

I think all the action going on over at BTER is going to make some other exchanges take a serious look at NXT.

Considering that Cryptsy and Victurex are testing Nxt for quite a while it should be traded on both exchanges pretty soon.

source?