NXT :: descendant of Bitcoin - Updated Information

[timmyd]

Can somebody paste me the text from a .bat to start up current nxt nrs, i cant seem to use solaris and cant create a .bat help me please lol

Code:

java -Xmx1024M -cp nxt.jar;lib\*;conf nxt.Nxt

Thanks smaragda i also used the link above. appreciated

[marcus03]

 

80% is working on OSX already. I fear however that the last 20% take 80% of the time... 

[nxtru]

I have made the current source code repository public:

https://bitbucket.org/JeanLucPicard/nxt/

Master branch is still 0.7.6, develop is 0.8.3 plus latest unreleased changes.

The code is BEAUTIFUL.

JLP did fantastic job! Respect.

[farl4web]

 

80% is working on OSX already. I fear however that the last 20% take 80% of the time... 

Looks great!

[ZeroTheGreat]

Freedom isn't free. Forging makes it pretty cheap.

This. Right words for whole concept of keeping network up.

[BrianNowhere]

I appreciate you taking the time to write me. Can you tell me if you would consider using global warming / climate change as a selling point when promoting Nxt? Feel free to post publicly in the thread if you want more people to see it, but if you do so, I'd appreciate if you PMd me a link to your response so I don't miss it.

Thank you.

Hi IveBeenBit

 Thanks for the reply.

 We have witnessed lots of fighting and arguing in the thread, and in real life, over global warming. I personally believe that the Earth is being overburdened through man made actions and that we as humans need to pay attention to this.

 The marketing committee's role is to foster, fund, and promote NXT and NXT related endeavours, on behalf of the community. I am for green marketing, but only in the case that the marketing is solid. I will not support any wasteful marketing plans, no matter the truth of the talking points.

 In a similar way I support children's charities, but do I think they are the way to support NXT? NO!

 I think supporting NXT in its complete roles with Automated Exchange and Transparent Forging is the greenest action we could possibly take. When NXT can trade all other coins, we will already be saving so much energy.

 When the crypto community sees that the mining arms race is foolish, and NXT with its Advanced features is the truly valuable platform, the ASICs and Server Farms will not be needed.
 That is the real goal of green marketing, stopping the wasteful actions behind Mining, not promoting NXT.

 I am going to post this word for word in the main thread, if you have any questions please feel free to contact me

 Jef

+1

p.s.  In a similar way I support children's charities, but do I think they are the way to support NXT? NO!

oh, snap.

[ZeroTheGreat]

Addressing how TF will be implemented should be focused on protecting the blockchain (#1) and the network (#2).
Issues of "fairness" (perceived or otherwise) are at best a #3 priority (if even that).

"Fairness" issue can't be resolved while money exists, IMHO.

And money exists cos value - trully relative thing. So, it seems, such "issue" never can be resolved. And we'd not even try to resolve it - we'll end in antiutopia.

[BrianNowhere]

Guys, here needs help:

http://cryptocrimson.com/poll-which-alt-coin-will-see-the-most-growth-in-2014.html

voted.

Done

Same here. This should be in the swarm thread on nextcoin.org
Another note: in most of websites we see nxtcoin or nextcoin. Rarely just Nxt or Next, reserved for us nxters apparently. This will get more and more confusing as it goes - at some point we need to clarify and make decisions (already done for "Nxt" I believe), and communicate to every website where our community is mentioned.

Nxt is an ecosystem, yes.. We have Nxt messaging, Nxt asset exchange, but also just Nxt coin. I don't see what's wrong with that.

Me either. From that perspective nxtcoin totally makes sense, I agree. I still think there is some confusion between nextcoin and nxtcoin. Surely this is not a big deal, but maybe an educational bounty to formalise and list the naming conventions in an official manner would not be that bad.

This is one of those things that should get worked out naturally via peer pressure and vigilant correction in the same way those who pronounced Linux wrong (line-ux) got straightened out eventually. When you see someone say "nextcoin" point out that it's simply, NXT.

[mikesbmw]

     I WANT YOUR VOTE!

  Vote BrooklynBTC for Marketing Committee!

Done!

[SkillRoad]

 

80% is working on OSX already. I fear however that the last 20% take 80% of the time... 

Very good job





_______________________________________________________________________________ _________________________________
Next Coin Lite - Fair Distribution

[Damelon]

Global Warming and charity mentioned on one page and all is well?



 

[Jerical13]

also this helps to protect against domain squatting. thats a really big deal since the person who acquires a domain is the monopoly provider meaning he has the leverage to charge outrageous prices as soon as he knows that someone wants it. if we didnt put a price on it than people would go crazy and reserve every domain imaginable and anyone who wanted to issue an asset would have to pay CRAZY prices. The net effect of making asset registration cheap would be that getting the asset you wanted would be orders of magnitude more expensive than if there was simply a cost for registering to begin with.

*edit* incidentally i really like the idea of having tiers of asset classes. that gives us the best of both worlds.

You're looking at a squatter here. Neither proud nor ashamed to admit it. Ok, maybe a little bit of shame, but I'll take that up with a future therapist if NXT ever goes lunar.

I'm not sure if there are different 'types' of squatters. I've squatted aliases because 1) I see an opportunity and 2) I really have no other feasible way of expanding my NXT hodlings. None of my aliases were registered until after Dec 25, and some of the ones available were amazing.

How long have we been talking about Auroracoin? I registered AUR this morning. Squatting? Or people walking past a metaphorical bag of cash on a street corner? I'm asking this sincerely because I have mixed feelings about registering things I have no plans to personally use. With that said, on anything I have no plans to use, I'd never ransom them for exorbitant fees, or would simply give them away.

I'm torn on the AE fee of 1 vs. 1000. A fee of 1000 will stop people like me from issuing an asset; on the other hand, it will stop people like me from issuing an asset.

It will definitely limit the number of assets I will issue (I hodl about 7900 NXT).

Having a fee of 1000 won't stop squatting. Mitigate, but not stop.

The fear, I think, is the people who are squatting will control assets to further their self-interest vs. that of the community/ecosystem. Hopefully, people that do sit on an asset/alias will realize that the strength of Nxt is in their self-interest and act accordingly.

Thank you.

[redsn0w]

The TestNxt was arrived ?

[mczarnek]

I'd have to be paid but I'd be willing to help develop for Nxt, I am a professional C#/C++ programmer who has a lot of experience with Java and believes in Nxt.  Send me a PM if interested.. there is too much to keep track of on this thread but I'll answer PMs.

-Matt

Call for more java developers:

We need more developers to help work on the core! CFB is leaving in 1 month and we can't just have Jean-Luc do everything.

Is anyone here qualified to help?

First possible feature that could be done, (talked about it with CFB), is adding a category field to Arbitrary Messages. This will allow us a lot of extra functionality, like decentralized stores, reputation system and so on. It should not be too hard to add this extra field. Is anyone up to the job? Unfortunately I do not know java myself.

If others have suggestions for Nxt, please make Nxt improvement proposals. See here for more info: http://www.thenxtwiki.org/wiki/NIP:Nxt_Improvement_Proposals

It appears the NIP process is not yet complete, we need a contact person or a simple method of allowing anyone to add NIP's.

[rickyjames]

So has anyone researched the potential regulatory problems that we have for Asset Exchange and/or Cross Chain Transactions? That is, do we run into issues in the US for being a MSB, and do we need to do KYC and AML stuff.

I'd be willing to do the research and draft up a whitepaper if people would find that helpful or informative. My hope is that we can find a loophole that doesn't kill AE before it ever takes off, and the whitepaper would be the community's position on the issue(s).

my guess is that as long as the people maintaining the systems for our temporary coin exchange arent in the jurisdiction, and that the systems arent operated in the jurisdiction, then theres no issue.

when true full decentralized CCT comes though, I dont see an issue at all.

This was my first thought as well. But why not letting him digging up something. Maybe, there is more than we can imagine.

At some point you change from cryptocoin to fiat to spend locally in the real world economy.  That is the point where the government steps in, at least in the US.  If the entity providing the fiat to the customer is outside the US, there is customer ownership of a foreign bank account, which is legally OK but immediately puts the customer under scrutiny.  If the entity providing the fiat is inside the US, it had better be a registered US bank.

[ZeroTheGreat]

Sick and "exited" => the most unprofitable "coin" ever where forging isnt even an incentive for securing the network...?!?!

Isnt nxt forging completely flawed?

There's no flaw, cos there's no goal of profitability. I'd forge for free, but redistribution of wealth from users to "keepers" instead of free-tx/burning looks better (just another business in economy, no harm). And it's spam-protection.

What about ROI%? Strickly dependps on activity of network. Low activity -> low ROI (~0.15-0.2% per month for now). And don't forget about dispersion. Health ROI%.

ROI% of mining of any PoW-coin looks worse, cos for keeping your share of profit (hashrate/reward) growing or even stable, u'd be in arms race. Stopped? Decreased your share. Unhealth ROI%  

[Jerical13]

also this helps to protect against domain squatting. thats a really big deal since the person who acquires a domain is the monopoly provider meaning he has the leverage to charge outrageous prices as soon as he knows that someone wants it. if we didnt put a price on it than people would go crazy and reserve every domain imaginable and anyone who wanted to issue an asset would have to pay CRAZY prices. The net effect of making asset registration cheap would be that getting the asset you wanted would be orders of magnitude more expensive than if there was simply a cost for registering to begin with.

*edit* incidentally i really like the idea of having tiers of asset classes. that gives us the best of both worlds.

You're looking at a squatter here. Neither proud nor ashamed to admit it. Ok, maybe a little bit of shame, but I'll take that up with a future therapist if NXT ever goes lunar.

I'm not sure if there are different 'types' of squatters. I've squatted aliases because 1) I see an opportunity and 2) I really have no other feasible way of expanding my NXT hodlings. None of my aliases were registered until after Dec 25, and some of the ones available were amazing.

How long have we been talking about Auroracoin? I registered AUR this morning. Squatting? Or people walking past a metaphorical bag of cash on a street corner? I'm asking this sincerely because I have mixed feelings about registering things I have no plans to personally use. With that said, on anything I have no plans to use, I'd never ransom them for exorbitant fees, or would simply give them away.

I'm torn on the AE fee of 1 vs. 1000. A fee of 1000 will stop people like me from issuing an asset; on the other hand, it will stop people like me from issuing an asset.

It will definitely limit the number of assets I will issue (I hodl about 7900 NXT).

Having a fee of 1000 won't stop squatting. Mitigate, but not stop.

The fear, I think, is the people who are squatting will control assets to further their self-interest vs. that of the community/ecosystem. Hopefully, people that do sit on an asset/alias will realize that the strength of Nxt is in their self-interest and act accordingly.

i never blame people for responding rationally to incentives. if assets were free to register i would probably register as many as i could as well, while still disagreeing with the general premise. its just another example of the tragedy of the commons. my interest is not in blaming people for being rationally self interested, but in crafting an incentive structure where rational self interest leads to outcomes that maximize utility.

But you are addressing the problem in a way that restricts utility. If the AE is to be a free market, there should be no restrictions or constraints imposed on it other than the ones necessary for its safe and secure functionality.

 If you are worried that if making the fees so low that it is going to cause a problem with the number of issued asset making the AE a clusterfuck, I suggest that you plan on it being a clusterfuck anyway; because if it is truly successful that is what is going to be. Charging 1000 NXT issue fees isn't going to stop that.

The AE is a beautiful thing, symbolically, but it can't be considered to be a finished product as is. All of the reasons that I have seen for the fee for issuing assets being set at 1000 NXT are all things that could be and should be sighted as functionality issues with the AE, and if looked at this way are only problems that CAN be solved with out implementing any constraints to the free market.

The secure functionality of the AE is all we should concern ourselves with.

[salsacz]

they say they can create a Goxcoin asset that could replace stolen Bitcoins. We can do it sooner http://www.humint.is/goxcoin/

[Jerical13]

What would differentiate a "Class A" asset from a "Class B" asset?

perhaps we could limit Class B Asset to not being able to have as many units/shares.

I see.

Although I like the idea, let us clarify what our goal is with this.

It's an interesting idea.

I think we should all remember BCNext's vision for NXT and his thoughts regarding fees.  I agree with BCNext wanting NXT fees to be low.  Imo, 1000 NXT for asset name registration is too high.  I think you should be able to register an asset name for 1 NXT.  By setting NXT fees high, we are excluding people from NXT because they cannot afford the registration price.  NXT should be for everyone.

you have to remember that what we are talking about here is self issued credit. i think its fair to expect that people who are issuing their own credit have SOME assets in reserve, leverage is good and useful but i don't think we want people leveraged at 0 percent.

I don't understand why not? Credit can't truly be self issued anyway. anyone can say "trust me, I am good for it" the credit is issued when someone else says, "OK, I trust you." at that point the fee is just inhibiting private business, which I am whole heartedly against. I can sort of understand the spam argument as a reason for a higher issuing price, as this potential for spam would have a universal effect on the whole community, But I highly disagree with using it as a means of policing private business, and that includes the name squatting arguments, the scam arguments. I could agree with raising trans fees for the AE, but I am with 2kewl on this. How are you going to charge NXT users more than people who are importing assets through gateways?

By charging such a fee anyone trying to sell anything on the market starts in the whole that much.Today About $50 bucks. So If you have something worth $100 it is not worth trying to sell. Really you would have to sell $1000 dollars worth of stuff to get the fee down to 5%. 5% is to high. Lower issue fees give more people more opportunity.

Think of the applicable uses this would eliminate. For example, If I were to want to sell a comic book collection by individual books, I would have to put a 1000 NXT mark up on every book. Any low cost per asset and high asset volume business would have no place on the AE.

Higher fees limit the versatility of the AE in the ways people can use it, restricts the number of users, and restricts the demographics of people who can use it. There are so many creative ways to use this feature if it is not restricted by high cost.

ok so perhaps self monetized credit is a better way of saying it.

i mean how many of this one type of comic book would you have? you dont need to build a market for 1 or 2 items only. you just sell the one or two items on something like ebay. you only need a market in a product that you either produce or have a lot of.

also this helps to protect against domain squatting. thats a really big deal since the person who acquires a domain is the monopoly provider meaning he has the leverage to charge outrageous prices as soon as he knows that someone wants it. if we didnt put a price on it than people would go crazy and reserve every domain imaginable and anyone who wanted to issue an asset would have to pay CRAZY prices. The net effect of making asset registration cheap would be that getting the asset you wanted would be orders of magnitude more expensive than if there was simply a cost for registering to begin with.

*edit* incidentally i really like the idea of having tiers of asset classes. that gives us the best of both worlds.

I mean absolutely no disrespect, or wish not to come across as attacking you personally, and intend nothing that implies any question of your character Anon136. To the contrary I owe you a debt of gratitude as far as what you have done to offer help and info to me in regards to this topic. But for the sake of being brief and out of respect for the users of this thread, I will be blunt. When it comes to this topic you are wrong.

I would like to suggest that this topic and any conversation or debate regarding it be moved to a topic specific forum or thread. This and other basic fundamental policies and applications regarding the AE should really be afforded discussion at length. Out of respect for the common usage of this thread, and due to the fact that this topic cannot be truly debated with the attention it deserves without writing pages and pages, we should continue this discussion in a more topic dedicated place. It seems as though you and others have thoughts about this that can't be expressed in a relatively brief manor, and I know I do. This topic deserves and needs to be discussed at length. Could you set us up a place to talk more about it with out disturbing the common usage of this thread, or suggest a place if one already exists?

I think my argument is pretty much entirely laid out in that previous paragraph, valid and bulletproof. however with that said, even though my argument is strong and valid, there could be advantages that i haven't considered which outweigh the mentioned disadvantages of free asset registration, or there could be other disadvantages which outweigh the mentioned advantages to a price on asset registration.

In the extremely unlikely event that my argument is flat out wrong or in the more likely event that it is correct but overlooking other advantages and disadvantages that outweigh those described in my previous post, i would very much like to hear about it. I created a thread specifically for discussion related to the asset exchange, tell me about it over there. https://bitcointalk.org/index.php?topic=460343

Also remember that i am in favor of tiers of asset classes. This would allow for the market to naturally determine what the right tradeoff is. I would even be in favor of having a tier for (basically) free registration (atleast the cost of a regular transaction to prevent completely senseless spamming) just in case i happened to be wrong.

Great. You are a scholar and a gentleman.

[Fatih87SK]

This is how I understand Asset Exchange;