NXT :: descendant of Bitcoin - Updated Information

[mcjavar]

But that is history. The IPO is history. What we have now is a cool-sounding project, with some cool functions and a lot of promises, where most of them are still in the fog where only god (BCNext) can see them. We either need more gods, or the fog to disappear in order to get this project deliver those promises.

This recalled my off-topic chatting with BCNext when he were talking that ppl need someone above them (God) coz they r afraid to be left face to face with infinite Cosmos. He mentioned "The God Delusion" by Richard Dawkins. It was clear that he supports Dawkins' point of view.

People need a god. Everyone. I am an atheist, but I still belive in something as I try to explain the things around us what we can´t explain, yet.
People are used to get told what they have to do. Sometimes it´s the government, sometimes it´s their boss, somtimes their wife ( ), and sometimes the dogma of a religion.
People are not ready to work out things on their own as people are greedy and everyone has his own interest in his mind. And that´s why we always need a leader. In some situations it´s a person, sometimes a dogma and sometimes an authority, that besides that it is acting for his own good, tries to keep the need of the community in mind.

What we need, once again, is a PAID project manager. Who is dedicated to this project because he gets paid for it. And if he also believes in it, it´s even better..
This is a $60m project, which is not lead by anyone and will therefore collapse shortly and will be a part of the history, but not the future...

[2Kool4Skewl]

But that is history. The IPO is history. What we have now is a cool-sounding project, with some cool functions and a lot of promises, where most of them are still in the fog where only god (BCNext) can see them. We either need more gods, or the fog to disappear in order to get this project deliver those promises.

This recalled my off-topic chatting with BCNext when he were talking that ppl need someone above them (God) coz they r afraid to be left face to face with infinite Cosmos. He mentioned "The God Delusion" by Richard Dawkins. It was clear that he supports Dawkins' point of view.

People need a god. Everyone. I am an atheist, but I still belive in something as I try to explain the things around us what we can´t explain, yet.
People are used to get told what they have to do. Sometimes it´s the government, sometimes it´s their boss, somtimes their wife ( ), and sometimes the dogma of a religion.
People are not ready to work out things on their own as people are greedy and everyone has his own interest in his mind. And that´s why we always need a leader. In some situations it´s a person, sometimes a dogma and sometimes an authority, that besides that it is acting for his own good, tries to keep the need of the community in mind.

What we need, once again, is a PAID project manager. Who is dedicated to this project because he gets paid for it. And if he also believes in it, it´s even better..
This is a $60m project, which is not lead by anyone and will therefore collapse shortly and will be a part of the history, but not the future...

I think Ian would be a good choice for this position.

[mcjavar]

This was my letter to CfB:

Hi CfB,

I need to bother you as I have no other way to contact BCNext.
Would he be ready to share all his knowledge with one person, rather than with the whole community?

We´ve grown big in the last 3 months and things are getting scattered. We need someone to organize the information, the work, the needs, the requirements and the resources in order to get to the next level. If BCNext, you or anyone else from the core team is not ready to take this role, we should pay for a professional project manager to do this.

I want (and always had this in mind) Nxt to succeed, but for this we need a few things:

a) coordination (and transparency to a certain level)
b) money
c) other, non financial resources

We have the money, and have resources (a good community, good programmers) but need coordination.

Cheers,
mcjavar

[salsacz]

some exchange guy asks for help
https://bitcointalk.org/index.php?topic=489618.0

[CIYAM]

I think Ian would be a good choice for this position.

I created CIYAM Open (https://ciyam.org/open) for doing Project Management (and I hope to create its decentralised Nxt replacement via ATs in the future) and will most likely end up managing the Nxt AT project listed on it.

You are welcome to use that platform for other Nxt projects if you are interested to (I won't charge anything for that but you'll need to let me know what account to create a Project for as only an "admin" account can create Projects). Understand that it does things in BTC (although tasks for 0 BTC are not in any way being prevented and there is a USD field that can be used). If that is not deemed suitable I understand (I don't have the time to change it to work with NXT at the moment although I would be happy to add a NXT field before the USD field if that would be of benefit in the short term).

It also has a functioning (although not wonderful) Forum which gets very little use currently that you would also be welcome to use (although I won't tolerate personal insults, bullying, trolling or spamming).

[Fry]

Some TestNXT to 15004211867702614232 Please!

4k testNXT sent.

Thank you!

[farl4web]

By the way, the *real* irony here is that we have a guy putting references to 1984 into his Genesis account and here we are willing to take his word without proof.

That doesn't reflect bad on BCNext, but on us!

To wax philosophical: people create their own chains.
If we want Nxt to be succesful, we need to lose the God-complex.

I am grateful for Nxt having been created, and also would like to have the talented person that created it on board. But just waiting for him to bail us out (and this is not meant as a criticism for all the people who *are* working hard!) is self defeating.

Good point.  Maybe, BCNext is intentionally being vague, because he wants us to be independent and think for ourselves.

Maybe, the "fatal flaw" is our reliance on him.

It wouldn't surprise me in the least.

+1 and that's kinda cool I guess.

[landomata]

If we look at the nature of Mastercoin (Centralized Leadership) & Nxt (Decentralized leadership) then we can see that what many of us are asking for is more centralization.

You will have it in the VARIOUS COMMITTEES....

1) So activate your candidacy if you are on the list.

2) Organize an improvement project YOURSELF and request funding from the various committees.

3) Forget the past.


If you try to control the direction of this DECENTRALIZED organization/entity called NXT you will not succeed.

[igmaca]

I think Ian would be a good choice for this position.

I created CIYAM Open (https://ciyam.org/open) for doing Project Management (and I hope to create its decentralised Nxt replacement via ATs in the future) and will most likely end up managing the Nxt AT project listed on it.

You are welcome to use that platform for other Nxt projects if you are interested to (I won't charge anything for that but you'll need to let me know what account to create a Project for as only an "admin" account can create Projects). Understand that it does things in BTC (although tasks for 0 BTC are not in any way being prevented and there is a USD field that can be used). If that is not deemed suitable I understand (I don't have the time to change it to work with NXT at the moment although I would be happy to add a NXT field before the USD field if that would be of benefit in the short term).

It also has a functioning (although not wonderful) Forum which gets very little use currently that you would also be welcome to use (although I won't tolerate personal insults, bullying, trolling or spamming).

For example this is possible???

LOW CARBON ENERGY MARKET

At the dawn of electricity in the late nineteenth century was Thomas Edison envisioned a decentralized system with many small companies competing for generators installed near the point of consumption. Since the electricity distribution cables were still rare , the Edison Electric Lighting Company focused most of his first business in installing generators in small factories, shops, hotels and homes .
In 1888 , Edison had installed 1,700 small plants . In the early twentieth century , more than half of U.S. electricity It was self-produced by industries that took advantage of the waste heat and excess electricity sold to nearby customers.

Would it be possible to implement Nxt platform under the distributed energy market ?

Is a market where producers and consumers of energy would cross their sales orders and purchase orders simultaneously.

Today a small community of neighbors or landowners can generate and sell energy through solar PV , mini wind power, etc. .

For example an owner decide to install in his home to energy consumption solar pv but at certain times of day to spare and is now selling the excess energy in the Nxt platform.

At one point he needs same energy and buys his deficit in the Nxt platform.

both buyer and seller should obviously pay transport costs to distribution companies but the market for the generation and consumption of energy would peer ( peer to peer) .

This would link with the colored coins and the contract system like Ethereum .

Does anyone dare with the idea ?

If anyone dares I'm interested to collaborate .

[2Kool4Skewl]

I think Ian would be a good choice for this position.

I created CIYAM Open (https://ciyam.org/open) for doing Project Management (and I hope to create its decentralised Nxt replacement via ATs in the future) and will most likely end up managing the Nxt AT project listed on it.

You are welcome to use that platform for other Nxt projects if you are interested to (I won't charge anything for that but you'll need to let me know what account to create a Project for as only an "admin" account can create Projects). Understand that it does things in BTC (although tasks for 0 BTC are not prevented and there is a USD field that can be used). If that is not deemed suitable I understand (I don't have the time to change it to work with NXT at the moment although I would be happy to add a NXT field before the USD field if that would be of benefit).

It also has a functioning (although not wonderful) Forum which gets very little use currently that you would also be welcome to use (although I won't tolerate personal insults, bullying, trolling or spamming).

Thank you for your offer.

This would be a good way for us to organize community projects.  Later, we can seamlessly transfer our project management onto the Nxt AT.

[l8orre]

Maybe I just had to pay TWICE for one order on the AE:

accBal was:

 987945 conf, 873090 unconf. before the trade.
 702845 conf, 302990 unconf. after the trade

conf Balance: 987945 -   702845 = 285100 = 1900*150 + 100(FEE) OK

unconf Balance: 873090 - 302990 = 570100 =   2*   1900*150 + 100(FEE)

lets wait how the balance looks later when the conf==unconf -  - but how is it that the Trade hits the unconf Balance TWICE?!?!


Can anyone reproduce this or know anything about it

Order was : 1900HIVE @ 150 (1.5nxt?) -> 2850
 

{'bidOrderId': '2084814903449362881', 'quantity': 1900, 'askOrderId': '12983022864822577544', 'timestamp': 8203706, 'price': 150}]


my bid order:
2084814903449362881

deadline - 10
timestamp - 8203691
recipient - 1739068987193023818
fee - 1
attachment - {'asset': '5738361901523075871', 'quantity': 1900, 'price': 150}
senderPublicKey - 5f7605dfd9ddba1c7843add87f2afc0b9edb1776ad9ae7c9cce18013fa892471
amount - 0
signature - 2e1444f7ff479b8a73cde8270afb88e12842ec22a6b4ff6633b479f3bcf1c206b48f41ddde79ba1 99ab0c4cdc7d0da7d4f9465df194a048d98065da599b784a9
referencedTransaction - 0
confirmations - 7
block - 15113600740772845724
subtype - 3
sender - 1738404304940813414
type - 2
 

[2Kool4Skewl]

Come-from-Beyond, what is BCNext's reason for waiting until April to release the source code?

[Come-from-Beyond]

Can anyone reproduce this or know anything about it

It's an unconfirmed balance bug, let's wait when Jean-Luc fixes it. I tried to do it by myself but failed coz Nxt source code is completely different from one that I used to work with.

[Come-from-Beyond]

Come-from-Beyond, what is BCNext's reason for waiting until April to release the source code?

No real reason. It's very easy to get the source code by disassembling the binaries. I think he was just waiting for a bright cold day in April to do it.

[chanc3r]

I created CIYAM Open (https://ciyam.org/open) for doing Project Management (and I hope to create its decentralised Nxt replacement via ATs in the future) and will most likely end up managing the Nxt AT project listed on it.

You are welcome to use that platform for other Nxt projects if you are interested to (I won't charge anything for that but you'll need to let me know what account to create a Project for as only an "admin" account can create Projects). Understand that it does things in BTC (although tasks for 0 BTC are not in any way being prevented and there is a USD field that can be used). If that is not deemed suitable I understand (I don't have the time to change it to work with NXT at the moment although I would be happy to add a NXT field before the USD field if that would be of benefit in the short term).

It also has a functioning (although not wonderful) Forum which gets very little use currently that you would also be welcome to use (although I won't tolerate personal insults, bullying, trolling or spamming).

+++ very community spirited, thank you and people should think about it seriously to give us a common place to look at all the NXT projects.
 
Perhaps this is something the 3 project committees can think on and decide certainly for all funded / bounty projects they can be found here.

[2Kool4Skewl]

Come-from-Beyond, what is BCNext's reason for waiting until April to release the source code?

No real reason. It's very easy to get the source code by disassembling the binaries. I think he was just waiting for a bright cold day in April to do it.

   I see.

What is your team tasked to complete before your contract is over in April?

[mcjavar]

If we look at the nature of Mastercoin (Centralized Leadership) & Nxt (Decentralized leadership) then we can see that what many of us are asking for is more centralization.

You will have it in the VARIOUS COMMITTEES....

1) So activate your candidacy if you are on the list.

2) Organize an improvement project YOURSELF and request funding from the various committees.

3) Forget the past.


If you try to control the direction of this DECENTRALIZED organization/entity called NXT you will not succeed.

We are in stage where centralization IS needed.

[jl777]

I thought TF would be fully implemented by April.  What should we do to help?

Start with the analysis of the code that we already have and do some improvements to forging. For example, try to get how 90% defence would work (if it works at all).

Wait. I had thought that in April we will get full TF implemented or at least described. Are you saying that we have to figure out what it is and then implement it ourselves?

I have been concentrating on the "services" that add on top of NXT core, assuming that the core will be fully completed in April.

The key is to eliminate the randomness to allow for much better predictability. Ignoring all the cries about not being able to generate fees for most of the nodes, I think by having a subset ("hallmarked"?) of the nodes do the forging in a round-robin on a clock basis will allow for 1000TPS without much problems. Even with transaction fees headed to .01 NXT, the higher transaction volumes will easily cover the costs for these servers. 100 high capacity servers will provide for a lot more stable performance than thousands of randomly configured nodes. The normal nodes still help the network by propagating the blocks, but it can all flow from the NXT Hubs.

A round robin of the Hub servers is immune from 90% attack, since we are forging based on the clock. There is no hiding of blocks, each Hub server needs to forge a block on schedule, or it gets blacklisted (or worse). Since even small stake can hallmark nodes, a minority of honest Hubs will end up doing all the forging in the midst of an attack. While this is a bit more centralized, any node can join the Hub roundrobin as long as their node has adequate performance, so there is enough decentralization.

I also think we should go to a 10 second block time. This allows for transaction clearance at point of sale rates. 6x current blocks might be too big of a jump, but if we gradually reduce the time per block (1 sec per release) we wont even notice, unless it would cause hard-forks each time we reduce the blocktime.

If I need to switch gears from my current projects to TF implementation, let me know. I was assuming I didnt have to worry about that.

James

[CIYAM]

We are in stage where centralization IS needed.

We need to adapt ourselves to work with the kind of future that we want.

[l8orre]

Can anyone reproduce this or know anything about it

It's an unconfirmed balance bug, let's wait when Jean-Luc fixes it. I tried to do it by myself but failed coz Nxt source code is completely different from one that I used to work with.

ah ok - so this serves as a nice example documentation