NXT :: descendant of Bitcoin - Updated Information

[2Kool4Skewl]

A social credit system allows users to establish credit lines between each other for a certain asset.  Debt can be transfered down a chain of credit lines.
...
LETSystems are interest free local credit systems.  Each local credit network has a central bookkeeper who establishes new credit lines and keeps track of users' balances.  When a new member joins, they establish a credit line to the bookkeeper and the bookkeeper grants them a credit line.  The credit line the bookkeeper establishes with them is the amount of credit they have with the community.  This is the amount the new member is allowed to owe the other members of the network.

So there is a banker named bookkeeper. You create debt. It's interest free, but there is an asset bound to the dept. So what happens if you don't pay the debt? I suppose your asset is gone. Wasn't the idea of bitcoin to stop with giving debt to people who don't have money?

For example, Bob, Charlie and Alice are members of the local LETSystem.  Bob needs to go on a job interview, but he can't because he has to watch his children.  Bob is broke, but he needs a babysitter.  Bob knows Alice babysits and is part of his LETSystem.  Alice babysits for Bob and he pays her $10 credit.  Alice now has a +$10 community credit and Bob now has a -$10 community credit.  Charlie's car is broken and he doesn't have any money to repair it.  Bob repairs Charlie's car for $40.  Bob now has a community credit of +$30 and Charlie now owes the community $40.  Bob gets paid even though Charlie didn't have the money.

This only seems useful for those who have zero amount of money. If in your example Bob would have had 10 dollar, no special system with debt and trust would be needed. If Bob has children, but no 10 dollar, something else is wrong in his life where free credit is not the solution.

Sorry for being critical, but I'm not really convinced this system improves the situation of poor people.

The bookkeeper is not a banker.  He has no assets.  He acts like an administrator.  The community credit is backed by only by good faith.  If a community member accrues a high debt level and doesn't repay the community, he is removed from the LETSystem.  It is also the bookkeeper's job to encourage members who have too high or too low of a credit balance to equalize their debt.

Imo, interest free debt isn't a bad idea depending on the application.

[1715374485]

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[zorke]

Thank you dear Mr. Stackeholder, what a generous move!!  

This is so cool!

I think we would all appreciate if more big stakeholders did what 7017504655955743955 has done today, especially top 50 accounts which are all from 5 million to 50 million NXT.

To them to spread 100,000 like 7017504655955743955 did would be nothing but this would show even more greatness of this community and this project.

In the end, doing something like this would just raise the worth of NXT in a long run and paradoxically their main stash would be worth much more than this little part that they have possibly disbursed to this hard working community.

Just something to think about.

Once again BRAVO for 7017504655955743955!!

It would be nice if there was a multisend feature in the client. If I could line up all the addresses of hard working nxt'ers and one-click send a given amount, say 1000nxt (as in each would get 1000) I'd be very inclined to give more regular donations in just this way. Sitting at the computer and putting in 50 or how ever many transactions is a PITA.

Yes I agree that this is troublesome.

[CIYAM]

Just to let you guys know that I have now created a Project on CIYAM Open for Nxt AT (https://ciyam.org/open/?cmd=view&data=20140224094608613000&ident=M100V136&chksum=eafb491f).

Any funds donated to the Project's (sorry but indeed it is a Bitcoin) address will be forwarded *under my control* to Project Tasks (so if you don't trust me then do not send funds to that address).

Another address can be found under the Project Area "General" (the only area at this stage) here: https://ciyam.org/open/?cmd=view&data=20140224094608613000&ident=M100V136&chksum=eafb491f and any funds sent to that address will be forwarded under Klee's control to Project Tasks.

There are no tasks created yet but that will come soon and if the funding committee are interested in creating Bitcoin addresses for any Project Tasks then they will be in charge of forwarding those funds to the successful "dibber".

Don't know what a "dibber" is? Just go to https://ciyam.org/open and read the blog entry.

[evanxxx]

I see no problem here. If a part of the stake becomes seized then the network will start forging with another part.

The question is "forging with what"?

If let's say 100 powerful machines are shut down by an authority and the majority of stake holders are "rich old men" who aren't that technically savvy then you are now running a network of maybe a few thousand desktop computers (or even less powerful devices) that are run by hobbyists and that is not going to do 1000+ TPS.

I am not saying the network would *die* but that it would be *seriously damaged* in terms of the TPS it could process and that in itself could cause *panic*.

1000 tps processing requires mid-level hosting hardware. Still see no problem.

After discussing this issue with CIYAM Open I got that we indeed have a problem here. If users will just lease their power and forget then one day Nxt network may die.

Sorry for my previous mistake, my English is not good enough to get some ideas clearly.

I think we can possibly solve this by making it more profitable to be a service provider than forging and the reward should be equal for different service providers instead of being biased to those with powerful machines and massive resource, thus everyone has the incentive to be a service provider and the service would be provided in a distributed way.

[rickyjames]

My intention is to put one of these trifold brochures on every chair in the three speaker areas at the Texas Bitcoin Conference early in the morning on March 6

if you do this, organizator will collect them all in 5 minutes. It is not allowed to use conf areas for non paid ads

Then I will just have to figure out another way to distribute them once they are printed.  Perhaps I can arrange for (cute female?) handout personnel at the doors when they open.  Certainly we need printed handout materials for the four conferences we are going to have reps at over the next six weeks.  My request for funding stands.  

I think in April (New York, Toronto) Nxt will look so different, that we will need new materials and text at that time. nxt.org, new branding resources from Damelon's friends..

So how much would cost a cute female? Who will hire her for all events and will she have tickets also to get in?

I am more concerned about whether or not your NXT marketing fund will pay as a conference expense for any handout brochures at Texas Bitcoin Conference.  Cost is 2000 for $526 (10K NXT) or 5000 for $723 (14K NXT).  Basically $197 more gets 3000 extra brochures for San Francisco.  My NXT account for receiving these funds and allowing me to pay the printer this week would be 16092180239932658439.  Your decision?

We are already paying $1250 for Texas, why do you need 2000 brochures? Enterpreneur space for brochures costs $2500. 200 brochures for person-person handout should be more than enough. Business cards are more important

I will take that as a no for funding of brochures.  

I am not quite sure just what NXT is getting for the $1000 you paid Paul Snow of Texas Bitcoin Conference after you talked with him for so long in Berlin.  I have not heard from him a single time despite repeated emails to him.  I am not a speaker in any capacity at the event, but Vitalik Buterin of Ethereum is.  Here is the official schedule:

http://texasbitcoinconference.com/schedule

I'll do my best to shake some hands for NXT while Vitalik speaks to thousands about Etherium.  Please forward 5K NXT for the $250 covering my door pass to 16092180239932658439.  Thanks.

[CIYAM]

I think we can possibly solve this by making it more profitable to be a service provider than forging and the reward should be equal for different service providers instead of being biased to those with powerful machines and massive resource, thus everyone has the incentive to be a service provider and the service would be provided in a distributed way.

This makes a lot of sense.

[sepehr]

I see no problem here. If a part of the stake becomes seized then the network will start forging with another part.

The question is "forging with what"?

If let's say 100 powerful machines are shut down by an authority and the majority of stake holders are "rich old men" who aren't that technically savvy then you are now running a network of maybe a few thousand desktop computers (or even less powerful devices) that are run by hobbyists and that is not going to do 1000+ TPS.

I am not saying the network would *die* but that it would be *seriously damaged* in terms of the TPS it could process and that in itself could cause *panic*.

1000 tps processing requires mid-level hosting hardware. Still see no problem.

After discussing this issue with CIYAM Open I got that we indeed have a problem here. If users will just lease their power and forget then one day Nxt network may die.

Sorry for my previous mistake, my English is not good enough to get some ideas clearly.

It's my pleasure to see this! It showed me that the community have the ability to solve the problems and cover mistakes before it's going to be Big problems.

[Uniqueorn]

So how much would cost a cute female? Who will hire her for all events and will she have a tickets also to get in?

Does she have to know anything about Nxt?

This isn't a problem, as long as she only have to dress flirty.

Contact me

What now?

Please let's not be that group who use clichè ass marketing strategies and get labelled as a bunch of losers.
"Sex sells" sure, but this is a conference meant to highlight NXTs technology, people go to this conference to learn about cryptos, not to look at random girls.

[salsacz]

My intention is to put one of these trifold brochures on every chair in the three speaker areas at the Texas Bitcoin Conference early in the morning on March 6

if you do this, organizator will collect them all in 5 minutes. It is not allowed to use conf areas for non paid ads

Then I will just have to figure out another way to distribute them once they are printed.  Perhaps I can arrange for (cute female?) handout personnel at the doors when they open.  Certainly we need printed handout materials for the four conferences we are going to have reps at over the next six weeks.  My request for funding stands.  

I think in April (New York, Toronto) Nxt will look so different, that we will need new materials and text at that time. nxt.org, new branding resources from Damelon's friends..

So how much would cost a cute female? Who will hire her for all events and will she have tickets also to get in?

I am more concerned about whether or not your NXT marketing fund will pay as a conference expense for any handout brochures at Texas Bitcoin Conference.  Cost is 2000 for $526 (10K NXT) or 5000 for $723 (14K NXT).  Basically $197 more gets 3000 extra brochures for San Francisco.  My NXT account for receiving these funds and allowing me to pay the printer this week would be 16092180239932658439.  Your decision?

We are already paying $1250 for Texas, why do you need 2000 brochures? Enterpreneur space for brochures costs $2500. 200 brochures for person-person handout should be more than enough. Business cards are more important

I will take that as a no for funding of brochures.  

Please forward 5K NXT for the $250 covering my door pass to 16092180239932658439.  Thanks.

there are cca 20.000 nxt for each conf, as I said, it is possible to handout 100-200 brochures, but not 2000 without paying for booth/ladies etc. Why do you need door pass when we are paying for "2 full-conference passes for staff members" in supporter sponsorship to get you a speaker position?

[2Kool4Skewl]

So how much would cost a cute female? Who will hire her for all events and will she have a tickets also to get in?

Does she have to know anything about Nxt?

This isn't a problem, as long as she only have to dress flirty.

Contact me

What now?

Please let's not be that group who use clichè ass marketing strategies and get labelled as a bunch of losers.
"Sex sells" sure, but this is a conference meant to highlight NXTs technology, people go to this conference to learn about cryptos, not to look at random girls.

+1

Let's not degrade the girls or the movement.

[instacalm]

So how much would cost a cute female? Who will hire her for all events and will she have a tickets also to get in?

Does she have to know anything about Nxt?

This isn't a problem, as long as she only have to dress flirty.

Contact me

What now?
Please let's not be that group who use cliché ass marketing strategies and get labelled as a bunch of losers.
"Sex sells" sure, but this is a conference meant to highlight NXTs technology, people go to this conference to learn about cryptos, not to look at random girls.

+1

+2 ...

[sepehr]

Dear community, please discuss the following charity idea:

http://nxtproject.org


We could reach many early adopters of Nxt (we all are right now) with this project, since there is some economic thinking behind it. But maybe, there is an error in reasoning. Some overlooked problems. Or you really like the idea.

Please express your opinions on this before we put this project to market or just delete and forget about it.

I like the idea and it'll help to spread the word.
PR behind it should be very strong.

And thanks for including Raad charity.

[rickyjames]

My intention is to put one of these trifold brochures on every chair in the three speaker areas at the Texas Bitcoin Conference early in the morning on March 6

if you do this, organizator will collect them all in 5 minutes. It is not allowed to use conf areas for non paid ads

Then I will just have to figure out another way to distribute them once they are printed.  Perhaps I can arrange for (cute female?) handout personnel at the doors when they open.  Certainly we need printed handout materials for the four conferences we are going to have reps at over the next six weeks.  My request for funding stands.  

I think in April (New York, Toronto) Nxt will look so different, that we will need new materials and text at that time. nxt.org, new branding resources from Damelon's friends..

So how much would cost a cute female? Who will hire her for all events and will she have tickets also to get in?

I am more concerned about whether or not your NXT marketing fund will pay as a conference expense for any handout brochures at Texas Bitcoin Conference.  Cost is 2000 for $526 (10K NXT) or 5000 for $723 (14K NXT).  Basically $197 more gets 3000 extra brochures for San Francisco.  My NXT account for receiving these funds and allowing me to pay the printer this week would be 16092180239932658439.  Your decision?

We are already paying $1250 for Texas, why do you need 2000 brochures? Enterpreneur space for brochures costs $2500. 200 brochures for person-person handout should be more than enough. Business cards are more important

I will take that as a no for funding of brochures.  

I am not quite sure just what NXT is getting for the $1000 you paid Paul Snow of Texas Bitcoin Conference after you talked with him for so long in Berlin.  I have not heard from him a single time despite repeated emails to him.  I am not a speaker in any capacity at the event, but Vitalik Buterin of Ethereum is.  Here is the official schedule:

http://texasbitcoinconference.com/schedule

I'll do my best to shake some hands for NXT while Vitalik speaks to thousands about Etherium.  Please forward 5K NXT for the $250 covering my door pass to 16092180239932658439.  Thanks.

there are cca 20.000 nxt for each conf, as I said, it is possible to handout 100-200 brochures, but not 2000 without paying for booth/ladies etc. Why do you need door pass when we are paying for "2 full-conference passes for staff members" in supporter sponsorship to get you a speaker position?

Salsa, check their schedule link above.  I am not a speaker.  I have heard nothing from them.  I have no clue that I was eligible for a door pass or how to get one.  All I know is that you gave them a thousand bucks.

[BloodyRookie]

From your site:

Zerocoin Functionality
Three words: Gonna be huge!
Simply speaking, you will be able to send and receive NXT with complete anonymity. Sometimes called "Mixing Service", this allows people all over the world to freely exchange goods & services without the fear of policital or other persecution because of backtracing transactions.

Just a nit-pick: a mixing service and zerocoin, while they have the same goal of achieving anonymity in trasactions, are conceptually different.

A mixing service is like if someone is following you and you try to lose them by running into a large crowd.

Zerocoin is like losing them by teleporting to a new destination.

IMO zerocoin is a mixer. The main difference is that you don't have to trust a third party in the whole process of mixing. And that is indeed an improvement.

[Mario123]

Dear community, please discuss the following charity idea:

http://nxtproject.org


We could reach many early adopters of Nxt (we all are right now) with this project, since there is some economic thinking behind it. But maybe, there is an error in reasoning. Some overlooked problems. Or you really like the idea.

Please express your opinions on this before we put this project to market or just delete and forget about it.

Additionally, we would have an interesting project for marketing and could reach and help more charities.

But first, please share your thoughts and opinions on this, the pros and cons.

[Uniqueorn]

My intention is to put one of these trifold brochures on every chair in the three speaker areas at the Texas Bitcoin Conference early in the morning on March 6

if you do this, organizator will collect them all in 5 minutes. It is not allowed to use conf areas for non paid ads

Then I will just have to figure out another way to distribute them once they are printed.  Perhaps I can arrange for (cute female?) handout personnel at the doors when they open.  Certainly we need printed handout materials for the four conferences we are going to have reps at over the next six weeks.  My request for funding stands.  

I think in April (New York, Toronto) Nxt will look so different, that we will need new materials and text at that time. nxt.org, new branding resources from Damelon's friends..

So how much would cost a cute female? Who will hire her for all events and will she have tickets also to get in?

I am more concerned about whether or not your NXT marketing fund will pay as a conference expense for any handout brochures at Texas Bitcoin Conference.  Cost is 2000 for $526 (10K NXT) or 5000 for $723 (14K NXT).  Basically $197 more gets 3000 extra brochures for San Francisco.  My NXT account for receiving these funds and allowing me to pay the printer this week would be 16092180239932658439.  Your decision?

We are already paying $1250 for Texas, why do you need 2000 brochures? Enterpreneur space for brochures costs $2500. 200 brochures for person-person handout should be more than enough. Business cards are more important

I will take that as a no for funding of brochures.  

I am not quite sure just what NXT is getting for the $1000 you paid Paul Snow of Texas Bitcoin Conference after you talked with him for so long in Berlin.  I have not heard from him a single time despite repeated emails to him.  I am not a speaker in any capacity at the event, but Vitalik Buterin of Ethereum is.  Here is the official schedule:

http://texasbitcoinconference.com/schedule

I'll do my best to shake some hands for NXT while Vitalik speaks to thousands about Etherium.  Please forward 5K NXT for the $250 covering my door pass to 16092180239932658439.  Thanks.

there are cca 20.000 nxt for each conf, as I said, it is possible to handout 100-200 brochures, but not 2000 without paying for booth/ladies etc. Why do you need door pass when we are paying for "2 full-conference passes for staff members" in supporter sponsorship to get you a speaker position?

Salsa, check their schedule link above.  I am not a speaker.  I have heard nothing from them.  I have no clue that I was eligible for a door pass or how to get one.  All I know is that you gave them a thousand bucks.

I also think 200 brochures is enough. As he says we have to pay to be allowed to hand them out in the conference area, meaning you wont get the chance to give out to everyone. Also I doubt 2000 people will go there.

[Jean-Luc]

In 0.8.1, I am adding the ability to use POST instead of GET for all API and UI methods, and optionally enforce use of POST for the methods that submit the user secret phrase. This is to prevent caching of the secret phrase in browser memory cache, and to prevent mistakes due to submitting the same request twice, as browsers are supposed to warn users when doing this with POST requests.

This wasn't possible before because everything shared the same port and POST was reserved for peer networking only. Now that the UI and API requests have their own servlets, there is no problem in making them accept both GET and POST. I am adding a nxt.properties parameter whether to enforce the use of POST for the methods that require it, or just accept both GET and POST.

I have already changed the NRS UI and the tools - admin.html, alias.html, message.html, to use only POST. Client developers preparing for the 0.8 branch should consider using POST where appropriate too.

[Eadeqa]

So how much would cost a cute female? Who will hire her for all events and will she have a tickets also to get in?

Does she have to know anything about Nxt?

This isn't a problem, as long as she only have to dress flirty.

Contact me

What now?

Please let's not be that group who use clichè ass marketing strategies and get labelled as a bunch of losers.
"Sex sells" sure, but this is a conference meant to highlight NXTs technology, people go to this conference to learn about cryptos, not to look at random girls.

+1

Let's not degrade the girls or the movement.

He asked for a "cute" girl.

And it's silly to call it "degrading" the girls. Ask them if they feel "degraded" for getting paid for modeling

[Damelon]

there are cca 20.000 nxt for each conf, as I said, it is possible to handout 100-200 brochures, but not 2000 without paying for booth/ladies etc. Why do you need door pass when we are paying for "2 full-conference passes for staff members" in supporter sponsorship to get you a speaker position?

Salsa, check their schedule link above.  I am not a speaker.  I have heard nothing from them.  I have no clue that I was eligible for a door pass or how to get one.  All I know is that you gave them a thousand bucks.
[/quote]

Has there been any communication about this at all?

At the moment it looks there is very little that is clear except that RJ is going and even hé doesn't know what is going on...

I'm sure that once again things will turn out well-ish due to people putting in sweat, but hell, planning and communication is not one of our strong features, it seems  

Not wanting to piss people off, but jeez...

[salsacz]

Damelon: hours and hours of communication Ricky was informed on 18th of Feb how it works. Currently Nifty is dealing with Paul (organisator), we signed a form in Berlin, but he hasn't sent a payment info yet