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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2755813 times)
Come-from-Beyond
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February 12, 2014, 05:30:43 AM
 #32521

Even if I set a higher fee for cancellation?

Yes. U can even see that cancelling transaction is confirmed BEFORE ur order placing one.
PLAY NOW
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allwelder
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February 12, 2014, 05:35:59 AM
 #32522

A new language, now NXTio in Italian!

http://www.nxtio.org/?lang=it

Thank you very much for the translation to Redsn0w!
NXT donation: 3815071516895411910
need Chinese

NXTio Now is in Chinese! Smiley

http://www.nxtio.org/?lang=zh

Thank you very much to nekokoe for his translation!
NXT Donations: 16729052528737221895

 Cheesy
great website,if need other Chinese service ,plz contact us.
Come-from-Beyond
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February 12, 2014, 05:41:45 AM
 #32523

any detailed info about the AC ,such as wiki?

No
Come-from-Beyond
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February 12, 2014, 05:45:46 AM
 #32524

DogeCoin goes on par with Peercoin - http://coinmarketcap.com/
lophie
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February 12, 2014, 05:47:41 AM
 #32525

So cfb, how is the AE on testnet? how good is it performing? Did you think about tring to rally for a stress test? Like we inform all to buy and sell rapidly a certain asset on a certain time?

Will take me a while to climb up again, But where is a will, there is a way...
Come-from-Beyond
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February 12, 2014, 05:56:45 AM
 #32526

So cfb, how is the AE on testnet? how good is it performing? Did you think about tring to rally for a stress test? Like we inform all to buy and sell rapidly a certain asset on a certain time?

Aye, let's stress-test it. I'm waiting when u create 1000+ transactions, I need it to search for inconsistent cases.
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February 12, 2014, 06:02:37 AM
 #32527

BTW, the point of this post:
What does "DEBUG: will pop block 8651xxxx7465 at height 64293" in NRS 7.2 mean?

I asked the same thing the other night. I think Jean Luc said it was a more verbose way of saying an orphaned block was being popped.
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February 12, 2014, 06:15:43 AM
 #32528

As promised on the AM Contest after 2 weeks publish the source code of my project nxtDB

Why is it necessary?
NXT is a decentralized and anonymous system. So why do we need to disclose it? Let’s think. Suppose, you have an online store where you take NXT as one of the types of payment, it means you have one or more account numbers, which are published on your site. The buyer should transfer a specified amount to this account number, without any possibility to check it. Why should he check it? Suppose, your site was hacked and hackers edited your account number, 1-2 digits were changed, so, it can be complicated for the buyer (even for you) to notice that the account number was changed, and you won’t get any money. That’s what we need a partial disclosure of anonymity. And this is just the simplest example.

Another example of the use - Chat with authorization by NXT token (http://nxtc.ru) . Instead, the account number, you can use information from nxtDB c using API (If the author adds this functionality).
Example:
Code:
Request: http://nxtdb.info/api.php?a=info&type=nickname&id=13506390574400724639
Answer: {"accountID":"13506390574400724639","nickname":"scor2k"}

Source code on GitHub

Thank you for your attention
newcn
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February 12, 2014, 06:28:44 AM
 #32529

I just made a statistic about nxt balance distribution.
the current percentage of top100/top500/top1000/top2000 acounts are 82.7%、96.6%、98.9%、99.7%, respectivey,
the variation curves is as follow:

there're about 22k nxt accounts for the time being, among these accounts, there're 15k  whose balance are more than 0.
among the 15k accounts, more than 60 percent have less than 10 balance:

current Gini coefficient of nxt system of top100/500/1000/2000/6000/15000 are 0.5、0.79、0.86、0.92、0.97、0.988 respectively:

BTC:1NzzfeHCgN8fF6mSG1UeBFCVd2cxKbGyHk
NXT:13187911577562526278
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February 12, 2014, 06:36:07 AM
 #32530

current Gini coefficient of nxt system of top100/500/1000/2000/6000/15000 are 0.5、0.79、0.86、0.92、0.97、0.988 respectively:

No idea how to read this... I assume a lower Gini coefficient for the top 100 is 'better' for overall distribution and health of the Nxt ecosystem?
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February 12, 2014, 07:17:11 AM
 #32531

DogeCoin goes on par with Peercoin - http://coinmarketcap.com/

when a clone can compete with its parent with no conceivable advantage, this is very dangerous indeed for the idea of digital scarcity. this is very troubling.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 12, 2014, 07:19:41 AM
 #32532

DogeCoin goes on par with Peercoin - http://coinmarketcap.com/

when a clone can compete with its parent with no conceivable advantage, this is very dangerous indeed for the idea of digital scarcity. this is very troubling.
agree,+1
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February 12, 2014, 07:23:38 AM
 #32533

DogeCoin goes on par with Peercoin - http://coinmarketcap.com/

when a clone can compete with its parent with no conceivable advantage, this is very dangerous indeed for the idea of digital scarcity. this is very troubling.

Dogecoin is far more popular than Peercoin, it's been pretty much determined to climb up.

It does actually have great advantage: popularity.
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February 12, 2014, 07:25:28 AM
 #32534

DogeCoin goes on par with Peercoin - http://coinmarketcap.com/

when a clone can compete with its parent with no conceivable advantage, this is very dangerous indeed for the idea of digital scarcity. this is very troubling.

But that is what is happening....I think Dogecoin is probably the best organized crypto-coin in the world.

And their "Company" is growing.

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February 12, 2014, 07:26:18 AM
 #32535

DogeCoin goes on par with Peercoin - http://coinmarketcap.com/

when a clone can compete with its parent with no conceivable advantage, this is very dangerous indeed for the idea of digital scarcity. this is very troubling.

Dogecoin is far more popular than Peercoin, it's been pretty much determined to climb up.

It does actually have great advantage: popularity.
Basically Peercoin has no marketing...Nxt cannot suffer the same faith...we have to adopt Dogecoin marketing best practices.



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February 12, 2014, 07:38:31 AM
 #32536

DogeCoin goes on par with Peercoin - http://coinmarketcap.com/

when a clone can compete with its parent with no conceivable advantage, this is very dangerous indeed for the idea of digital scarcity. this is very troubling.

Dogecoin is far more popular than Peercoin, it's been pretty much determined to climb up.

It does actually have great advantage: popularity.
Basically Peercoin has no marketing...Nxt cannot suffer the same faith...we have to adopt Dogecoin marketing best practices.




doge needs marketing because it has no substance. we dont need marketing because we do have substance. granted we need to communicate the relevant facts about nxt in a calm and orderly fashion to those who are not aware of those facts. i suppose you could call that marketing. but this is what marketing means to doge, http://www.youtube.com/watch?v=H3oiThw2RxE this we absolutely do not need.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
bitcoinpaul
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February 12, 2014, 07:41:22 AM
 #32537


Yeah when is NXT gonna lift up!  Huh and when will it be listed on cryptsy?! so strange that the number 6 coin is not listed on cryptsy...

some big stake holder(s) is/are not letting the price rise. they want to take profit and 0.00007 is what they feel comfortable selling at. so every time it rises above that level they sell but only enough to bring it back down to 0.00007, never lower. we will have to work past that resistance if we want to see new highs and who can say how much resistance that is. there could be 40 million worth of resistance left to work off or there could only be 1000 left. bad for the speculator looking for short term profits, great for the health of the network and the long term value proposition of nxt.

This is very good. Let them sell.
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February 12, 2014, 07:44:43 AM
 #32538

DogeCoin goes on par with Peercoin - http://coinmarketcap.com/

when a clone can compete with its parent with no conceivable advantage, this is very dangerous indeed for the idea of digital scarcity. this is very troubling.

Dogecoin is far more popular than Peercoin, it's been pretty much determined to climb up.

It does actually have great advantage: popularity.
Basically Peercoin has no marketing...Nxt cannot suffer the same faith...we have to adopt Dogecoin marketing best practices.




doge needs marketing because it has no substance. we dont need marketing because we do have substance. granted we need to communicate the relevant facts about nxt in a calm and orderly fashion to those who are not aware of those facts. i suppose you could call that marketing. but this is what marketing means to doge, http://www.youtube.com/watch?v=H3oiThw2RxE this we absolutely do not need.

+1

When the doge bubble pops, it will be catastrophic.  The doge price is unsustainable because doge doesn't offer any advantages over bitcoin.


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landomata
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February 12, 2014, 07:45:24 AM
 #32539


doge needs marketing because it has no substance. we dont need marketing because we do have substance. granted we need to communicate the relevant facts about nxt in a calm and orderly fashion to those who are not aware of those facts. i suppose you could call that marketing. but this is what marketing means to doge, http://www.youtube.com/watch?v=H3oiThw2RxE this we absolutely do not need.

Agreed their marketing "way" is different from ours but the simple task of educating people regarding Nxt existence is not.

EDIT: I want to separate what is marketed & the marketing process itself.

The effective use of the marketing process should allow you to grow any product/service whether it's coke, insurance, beer or coins.


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February 12, 2014, 07:47:47 AM
Last edit: February 12, 2014, 08:00:00 AM by instacash
 #32540

DogeCoin goes on par with Peercoin - http://coinmarketcap.com/

when a clone can compete with its parent with no conceivable advantage, this is very dangerous indeed for the idea of digital scarcity. this is very troubling.

Dogecoin is far more popular than Peercoin, it's been pretty much determined to climb up.

It does actually have great advantage: popularity.
Basically Peercoin has no marketing...Nxt cannot suffer the same faith...we have to adopt Dogecoin marketing best practices.




doge needs marketing because it has no substance. we dont need marketing because we do have substance. granted we need to communicate the relevant facts about nxt in a calm and orderly fashion to those who are not aware of those facts. i suppose you could call that marketing. but this is what marketing means to doge, http://www.youtube.com/watch?v=H3oiThw2RxE this we absolutely do not need.

I have to partly disagree here.  Yes, it is not innovative, BUT Doge in itself is a marketing bomb, it has the substance of a protocol that is proven to just work (Litecoin) as well as its popular meme. In fact it has a huge user base, plus attracts new users to cryptocurrencies by the minute due to its "funny" approach.

In my humble opinion, NXT on the other hand is serious, but lacks key parts that hinder its growth. First of all, there is a great barrier for new users to get into it due to the lack of a multi-platform client that can be easily used without having to worry about how to set things up. NXT can go for any marketing effort, as long as it is not straight forward to actually use NXT most of its marketing efforts will go to waste though. It is a truly 2.0 crypto but people understanding that it actually is and using it -- that's another story.
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