NXT :: descendant of Bitcoin - Updated Information

[landomata]

ok so for all of the gateways that want to federate create a multig address to hold the btc that acts as reserve for the FederatedBTCTokens. If bob issues 5 FederatedBTCTokens than he also deposits 5 btc in the multisig address. Lets say bob and betty are federated. The FederatedBTCToken that bob issued is claimed at betty's gateway. Betty signs the transaction and publishes her signed transaction on the NXT blockchain. Of course its a multisig account so 1 signature is not enough. Bob is monitoring the blockchain. He sees the signed transaction. He downloads the transaction from the blockchain, adds his signature, and then broadcasts the transaction.

bob feels safe because he knows betty can not steal his btc without his signature. the buyer feels safe because he knows the btc is in reserve and that if bob were to attempt to misbehave than betty would offer some protection against this. betty feels safe because she is not extending a line of credit to bob, there is 100% reserve in a shared address.

Do I have this right? I think its a great idea if i do.

It makes sense to me....it's a triad escrow....buyers are safe, betty is safe & bob is safe.

It might not work for physical assets but for crypto's it could even be automated.

[klee]

If you want to make NXT popular forget latin & greek for the slogan.
Stick to international language : english.

Kyrie, it is Zeus' anathema on our epoch for the dynamism of our economies and the heresy of our economic methods and policies that we should agonize the Scylla of numismatic plethora and the Charybdis of economic anaemia. It is not my idiosyncrasy to be ironic or sarcastic, but my diagnosis would be that politicians are rather cryptoplethorists. Although they emphatically stigmatize numismatic plethora, they energize it through their tactics and practices. Our policies have to be based more on economic and less on political criteria. Our gnomon has to be a metron between political, strategic and philanthropic scopes. Political magic has always been anti-economic. In an epoch characterized by monopolies, oligopolies, monopsonies, monopolistic antagonism and polymorphous inelasticities, our policies have to be more orthological. But this should not be metamorphosed into plethorophobia, which is endemic among academic economists. Numismatic symmetry should not hyper-antagonize economic acme. A greater harmonization between the practices of the economic and numismatic archons is basic. Parallel to this, we have to synchronize and harmonize more and more our economic and numismatic policies panethnically. These scopes are more practicable now, when the prognostics of the political and economic barometer are halcyonic. The history of our didymus organizations in this sphere has been didactic and their gnostic practices will always be a tonic to the polyonymous and idiomorphous ethnical economies. The genesis of the programmed organization will dynamize these policies. Therefore, I sympathize, although not without criticism on one or two themes, with the apostles and the hierarchy of our organs in their zeal to program orthodox economic and numismatic policies, although I have some logomachy with them. I apologize for having tyrannized you with my Hellenic phraseology. In my epilogue, I emphasize my eulogy to the philoxenous autochthons of this cosmopolitan metropolis and my encomium to you, Kyrie, and the stenographers.
Xenophon Zolotas, 1959

[google98]

How come that the price rises at once? Is this manipulated by the big stakeholders? Or why would so many people buy nxt, suddenly?

[Anon136]

You are summoned for jury duty at the government center, court room A for a criminal superior session of court!!!!

-the government

i may have the opportunity to save some poor innocent soul from the government!!!

[Damelon]

Still looks nice, however you cut it

[salsacz]

so CFB is buying his million Nxt back? 

[superresistant]

so CFB is buying his million Nxt back?  

Yes but the price is too low for him. 

[Sebastien256]

How come that the price rises at once? Is this manipulated by the big stakeholders? Or why would so many people buy nxt, suddenly?

big stakeholder are selling nxt for weeks and trying to keep the price low. I think that there is a suden demand in nxt because of the problem with bitcoin right now (as Nxt is not a clone). I guess that Big stake holder will decide what will be the new price in the comming day. They still have plenty of nxt to distribute, I hope the price will not stabilize too high for good of Nxt (better distribution is what we need).

EDIT: it could be cfb who is bying back also!

[bitcoinpaul]

http://www.cryptocoinsnews.com/2014/02/14/nxt-crypto-coins/
this thread with superb ideas and discussions
asset exchange test
nxtclient.org
...

[NxtChoice]

After those clients came out, more and more guys begun to learn about Nxt. More and more real Nxt guys followed my weibo/twitter  weibo.com/nxtpi , and one of the post was clicked more than 20K times and reposted by more than 25 guys. BTW, some MSC guys complained that they don't get a GUI client until now and also started to buy in Nxt. That's the difference from those average joe.

[Bitventurer]

How come that the price rises at once? Is this manipulated by the big stakeholders? Or why would so many people buy nxt, suddenly?

we've talked with many people at the conf ...and those people were really interested...that may be one of the reasons...

ohh boy, I was waiting for this moment for like 2 weeks I think :

[Damelon]

http://www.cryptocoinsnews.com/2014/02/14/nxt-crypto-coins/
this thread with superb ideas and discussions
asset exchange test
nxtclient.org
...

I would guess that the article and the fact that everything shows up red in the coin charts while Nxt is majorly in the green are good reasons.

We're being noticed and are losing the "scam" stigma.

[bitcoinpaul]

How come that the price rises at once? Is this manipulated by the big stakeholders? Or why would so many people buy nxt, suddenly?

we've talked with many people at the conf ...and those people were really interested...that may be one of the reasons...

ohh boy, I was waiting for the this moment for like 2 weeks I think :

Yeah!

edit: BCNext's 3rd plan: get rid of the name "Nxt"

[Damelon]

Yeah!

edit: BCNext's 3rd plan: get rid of the name "Nxt"

 

[d13id]

Hi again! Say me please do we need motiongraphic like this?
It could be very useful for attaching to some article about nxt for example. Also it could be good promo of nxt for the people who still don't know about nxt.
Moreover we could make more promos like that motiongraphics about many new features of nxt (new clients, colored coins etc)

If you can say yes then don't pass by. Don't think that somebody other except you will support that.
I need your help to finish that work. Join to the discuss in original topic.

We still need to think about spread nxt into  the mass!

[Damelon]

Hi again! Say me please do we need motiongraphic like this?
It could be very useful for attaching to some article about nxt for example. Also it could be good promo of nxt for the people who still don't know about nxt.
Moreover we could make more promos like that motiongraphics about many new features of nxt (new clients, colored coins etc)

If you can say yes then don't pass by. Don't think that somebody other except you will support that.
I need your help to finish that work. Join to the discuss in original topic.

We still need to think about spread nxt into  the mass!

You might want to post that in the Marketing thread, too

[Bitventurer]

Hi again! Say me please do we need motiongraphic like this?
It could be very useful for attaching to some article about nxt for example. Also it could be good promo of nxt for the people who still don't know about nxt.
Moreover we could make more promos like that motiongraphics about many new features of nxt (new clients, colored coins etc)

If you can say yes then don't pass by. Don't think that somebody other except you will support that.
I need your help to finish that work. Join to the discuss in original topic.

We still need to think about spread nxt into  the mass!

love it , make more !!! try to make it with voice ... we do have a voice in the community (the guy who was on letstalkbitcoin)

[Bitventurer]

Yeah!

edit: BCNext's 3rd plan: get rid of the name "Nxt"

 

yeah..hope not.

[igmaca]

http://coinmarketcap.com/ripple.html

24 Hour Volume Rankings

1. Bitcoin (67.06 %)
2. Litecoin (15.91 %)
3. MaxCoin (5.10 %)
4. DogeCoin (4.41 %)
5. Namecoin (1.64 %)
6. Peercoin (1.63 %)
7. Nxt (0.49 %)


Source   Pair   Volume (24h)   Price   Volume (%)
BTER   NXT/CNY   $ 340,968   $ 0.062   44.53 %
BTER   NXT/BTC   $ 284,499   $ 0.065   37.15 %
DGEX   NXT/BTC   $ 116,981   $ 0.057   15.28 %
Vircurex   NXT/BTC   $ 21,522   $ 0.06   2.81 %
poloniex   NXT/BTC   $ 1,793   $ 0.063   0.23 %


Total/Avg   $ 765,762   $ 0.062   

[d13id]

Hi again! Say me please do we need motiongraphic like this?
It could be very useful for attaching to some article about nxt for example. Also it could be good promo of nxt for the people who still don't know about nxt.
Moreover we could make more promos like that motiongraphics about many new features of nxt (new clients, colored coins etc)

If you can say yes then don't pass by. Don't think that somebody other except you will support that.
I need your help to finish that work. Join to the discuss in original topic.

We still need to think about spread nxt into  the mass!

love it , make more !!! try to make it with voice ... we do have a voice in the community (the guy who was on letstalkbitcoin)

it must be with voice.. but i need help to pay for the dictor and also i need help with english text because it's not my native language