NXT :: descendant of Bitcoin - Updated Information

[allwelder]

Hey guys! I'm allwelder's friend.
If you want the price of NXT pumping up,
please go to https://bitcointalk.org/index.php?topic=501963.0 to vote NXT!!!
Www.btc38.com is the biggest Altcoins exchange in China.
It will be a great news to NXT if the site launch NXT!!!

Please!!!

Vote!

Expect the question; How are we going to implement NXT at BTC38?

Or have we learned from the past and made an instruction?

Whoever is our Chinese rep for NXT(I believe we have one right?) should work with opticalc or someone along those lines to help btc38 implement it if it comes to that.

I am willing to work with anyone to help BTC38.
I have contacted with BTC38,and as they said there will be more factors to be considered for adding to exchange, such as vote result,volume,popularity,coin-age,and so on.

So we just continue to do our promotion as we did.
Anyway,with more and more popularity,they need to add Nxt.

[1713577989]

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[1713577989]

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[btc2nxt]

@jl777 :
  give Jean-Luc more time to fix asset's bugs . Asset test has consumed  all of Jean-Luc' time.

we all know Jean-Luc is very very busy now.
i want to help Jean-Luc, but i cannot, because i failed debuging nxt.4.7 on Eclipse  a month ago.

Maybe i can lead the Asset test, save a little more time for Jean-Luc to do other things. After simple tests are over, i would like to launch Tulip Bubble TEST, who earned most testNxt will win the match.
I will donate 500 true Nxt to the winner.

later, i will upload my test application again in win32


here are some information for test user
-------------
there are subtype values in asset  api
type =2
subtype=1 issue asset
             2 ask order
             3 bid order
             4 cancel ask order
             5 cancel bid order

about Asset name:
1. name must contain only digits and latin letters, so Chinese characters are invalid.
2. aaa = AAA
3. cannot use '-' in name , so A-A is invalid.
4. 3-10 characters, so AA is not valid.

[Uniqueorn]

What about apparently inactive founders?
Numerous nasty, and often unfounded, comments have been thrown at founders. These are not helpful, and will only have the effect of turning away these so called whales instead of engaging with them. I wonder if more will be actively engaging if there had been less of these negative attitude. Please realize that one way or another, founders have made a collective effort to help bring Nxt to where it is today. I see 3 broad strategies adopted by the founders to achieve this:-

and

Strategy 3 (Long term)
All eyes are on a very small number of large founder accounts that don't seem to move. This, I think are founders who are taking a long term strategy. These founders have decided to hold substantial amounts to act as possible network defender of last resort. They provide the ammunition needed to fight off yet unknown threats which may require a large stake to defend or to fund more costly development and infrastructure further down the road. A possible example is Mr 47. If you think carefully (read between the lines) about his last 2 conditions, you'll see how that falls under strategy 3.

These paragraphs are nothing but pure unadulterated conjecture. There is absolutely NOTHING happening to indicate that this is what is happening. How you call for the community to stop being critical and speaking up is downright wrong.
We are doing all the work and we're not being awarded for it while at the same time these big founders are earning MILLIONS, yes MILLIONS of dollars just for investing 50-100 dollars back in September. That's a joke.


Also calling selling off NXT a "strategy" in relation to the development of NXT is just eye-bulgingly wtf?
No that is called greed. Nothing but pure greed. The same goes for the rest of the things you call "strategies", it's not a fucking strategy to get as much money as you can for yourself and treat those who work on NXT like slaves.

We've already lost several devs to NEM and countless activists due to this issue, how the hell are they "last resort defenders" ? What the hell gets you thinking that? Most founders (the good kind) that I am in contact with are even more furious and annoyed at their idleness.
If NXT starts collapsing (which is a real possibility with all the competition and zero incentive for new comers), then it wont matter if these people suddenly start offering up their by then worthless amounts.

[allwelder]

BTC38 is asking about which coin to add next on their exchange. Please take a few minutes to let them know about Nxt:

https://bitcointalk.org/index.php?topic=501963.msg5525645#msg5525645

@2Kool4Skewl,
Could you help to add this vote on the first page of this thread for more pp to vote for?
TKS.

[Mistafreeze]

Can someone give me the info for the latest block on testnet so I can verify I'm on the correct chain? I'm waiting for the blockchain to download so I can zip it and release my 0.8.6 installer for Testnet with Wesley's web interface.

77045      9433259657262176905      3/5/2014 8:25:22 PM   
0      0 + 0      0 B   
2      7811371562615329001      19275 %

[jkoil]

BTC38 is asking about which coin to add next on their exchange. Please take a few minutes to let them know about Nxt:

https://bitcointalk.org/index.php?topic=501963.msg5525645#msg5525645

@2Kool4Skewl,
Could you help to add this vote on the first page of this thread for more pp to vote for?
TKS.

NXT leads ... it has almost 100% bigger vote amount than the 2nd one.
Strange that 42 coin has got 0 votes ...
 

[swartzfeger]

Can someone give me the info for the latest block on testnet so I can verify I'm on the correct chain? I'm waiting for the blockchain to download so I can zip it and release my 0.8.6 installer for Testnet with Wesley's web interface.

77045      9433259657262176905      3/5/2014 8:25:22 PM   
0      0 + 0      0 B   
2      7811371562615329001      19275 %

77761   05/03/2014 21:28:57   0   0   0   14386024746077933238   0 B   251419 %

[minterwintrer]

BTC38 is asking about which coin to add next on their exchange. Please take a few minutes to let them know about Nxt:

https://bitcointalk.org/index.php?topic=501963.msg5525645#msg5525645

@2Kool4Skewl,
Could you help to add this vote on the first page of this thread for more pp to vote for?
TKS.

+1. Please add it to the first page.

[mczarnek]

jean-luc

If you can get asset trades denominated in other assets implemented, then NXT AE would be able to dominate all other centralized exchanges. Basically all cryptos supported by the gateway could be directly traded against any other crypto. It would be fantastic!

After trading, people could withdraw directly to their wallet whatever crypto they have assets for

I think this is a much bigger change than assets supporting fractions, but maybe its a conditional handling in Order.java for all the trades of an asset denominated in another asset. Even if BTC is the only other asset something can be denominated in, that would get us 90% of the benefit, but I think the way the code is structured, it would be almost the same work to allow arbitrary denominations based in other assets.

James

I'm a little unclear on this, so apologies if my understanding is flawed.

Could this be done atomically with chained transactions?

For example:
BTC -> NXT && NXT -> LTC
BTC -> NXT && NXT -> DOGE
etc...

Everything would be converted to NXT as intermediate hold, then immediately used to purchase the new asset.  If chained transactions can apply with atomicity, then goal is achieved.

except you get hit with bid/ask spread twice, instead of once. For low volume asset against NXT, the spreads could be unimaginably large. This is one of the big problems with ripple. everything goes through XRP and 5% spread one leg and 8% spread the other leg and it becomes untradeable.

Direct trading gives us the best advantage, well actually, it makes us the same as the exchanges as far as trading pairs

I think you could still do this with explicit trading pairs of BTC->LTC and BTC->DOGE, etc, and get a single spread.  The conversion to NXT would be behind the scenes, and denomination in NXT would become wholly unimportant for that trading pair (ie: the explicit trading pairs in/out of NXT would be completely unrelated).  Work would be in client, and not in core.

Some small transaction fee would need to be accounted for in NXT and siphoned as a trading fee.

(note: this assumes the premise that chained transactions are atomic).

Here's how I would approach it:
Step 1) allow trading Nxt against the top ten most popular coins directly to and from those coins

Step 2) Enable trading one coin for another using the BTC -> NXT && NXT -> LTC approach as a starting point to quickly allow that kind of trading between any different crypto pairs.

Step 3) Start allowing the trading of coins against other coins, again starting with the most popular, continue slowly adding more coins directly tradeable against Nxt as well.

Step 4) Do something along the lines of automatic arbitrage, let's say I want to trade Litecoin for Dogecoin, you look at all the other coin pairs that are being traded and find that the gap is smaller if you trade them through Bitcoin, so list that as a potential 3 way trade.  Nobody has to know that when that order completed, they didn't actually send Litecoin to someone in exchange for Dogecoin but actually had 3 trades execute simultaneously.  Potentially you could expand this to to 4 or 5 or 6 way trades, though at some point it just doesn't become worth it.  In this way, you actually close that gap between all the various cryptos.

Also, every time you trade a coin pair, keep in mind you'll have to feed the forgers, so the more people use us to trade coins in general, the more value Nxt becomes as forgers earn more of them.

I'd do this type of arbitrage on computers that are open to forge but not actively processing transactions but more or less sitting around idling.. eventually they'll also be doing decentralized computing for us.

[mczarnek]

Bulk of this ammunition has been sitting idle due to problems obtaining consensus. Remember how long the unclaimed funds debate dragged on? That's the price we have to pay for decentralization.

That's one reason I feel like we need to get the voting system up and running, put things up to a vote, winner decides it, and we move on.

[wwdz99]

BTC38 is asking about which coin to add next on their exchange. Please take a few minutes to let them know about Nxt:

https://bitcointalk.org/index.php?topic=501963.msg5525645#msg5525645

@2Kool4Skewl,
Could you help to add this vote on the first page of this thread for more pp to vote for?
TKS.

+1. Please add it to the first page.

agreed.

[xyzzyx]

Java should not be integrated into Nxt client. No installation that requires admin rights!

for mass adoption:

If average joe must even click one time more to install NXT then install BTC, LTC of whatever other coin.... they will install the easiest one.

so forget mass adoption if it is even 1 click more complicated than other coins for installation.

Installer on run tells "Oh, you don't have Java installed! Download it from official site (instructions, video) and then run installer again".

There's also another way: generate a native Windows binary from NRS that doesn't require the Java run-time.

http://www.excelsiorjet.com/

It's a tad on the expensive side, but since no one is charging for NRS, the free-for-non-commercial-use license option might be applicable.

[jkoil]

I got 5 NXT from 16228559550138619285 - thank you for whatever that was,,,, if it was a mistake PM me and I'll send it back...

thank you to 16228559550138619285 also from me
I noticed the donation quite late.... I think than it was a donation, when looking the last tx's

[CoinTropolis_JustaBitTime]

I heard this from the Texas Bitcoin live stream:

http://mybtc.cc/

Any thoughts? Would be nice to see a useable debit/transaction type card for Nxt.


Btw, great job RickyJames on your radio interview.

[xyzzyx]

Current NXT circulation:
1. Buy NXT from initial stakeholder.
2. Register alias / send message / issue asset and pay fee to stakeholder.
3. Goto :1

As I always said, forging was created for stakeholders. You (community) always said that "when we'll have more transactions, fees would be better distributed". False! Forging is not dependent on fee in expected block. The only thing that will change is that stakeholders would get back their sold NXT faster.

Nxt is good platform. It is another P2P software like Bittorent. We need to find another way to prevent spam and get rid of NXT.

Ok.  All fees go to the genesis account.

[leetrump]

Hey guys! I'm allwelder's friend.
If you want the price of NXT pumping up,
please go to https://bitcointalk.org/index.php?topic=501963.0 to vote NXT!!!
Www.btc38.com is the biggest Altcoins exchange in China.
It will be a great news to NXT if the site launch NXT!!!

Please!!!

done.
Thanks for broadcast this vote news again.

DONE.

[jkoil]

I heard this from the Texas Bitcoin live stream:

http://mybtc.cc/

Any thoughts?


Btw, great job RickyJames on your radio interview.

one step closer to "real" money and the crowds.
When the money is in your hands, it is more real


In the end was shown a picture of a POS Terminal ...

[allwelder]

When I want to send out Nxt from https://wallet.mynxt.info/
displayed

Code:

Could not decrypt your wallet. 

anything wrong?

[CoinTropolis_JustaBitTime]

2nd BTC38 thread.. let's show some Nxt love:

https://bitcointalk.org/index.php?topic=501433.msg5519400#msg5519400

[rriky92]

Thank you mcjavar someone donate to me! And thanks for the donation!