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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2756263 times)
Fatih87SK
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March 11, 2014, 01:04:39 PM
 #43121

This good enough for y'all?



I'm not sure but isn't this better;

"You will receive 1 NXT Fee once all assets have been sold"

Again. I'm not sure.

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wesleyh
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March 11, 2014, 01:06:08 PM
 #43122

This good enough for y'all?



I'm not sure but isn't this better;

"You will receive 1 NXT Fee once all assets have been sold"

Again. I'm not sure.

In this example since there's only 1 asset to be sold yes, but if you make a sell order of 10,000 not all will be sold at once. Only at the end will you have received the full amount of nxt (when everything is sold).
fmiboy
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March 11, 2014, 01:10:28 PM
 #43123

they are just some numbers?

I believe, James is working on this, soon you can get them in your wallet.
bitcoinpaul
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March 11, 2014, 01:10:51 PM
 #43124

still don't know how the AE works.when i buy 1btc ,who will send the real btc to my btcwallet?
when somebody issue the asset "doge",he have the real doge?
they are just some numbers?

There will exist gateways so assets of other coins can be traded in AE. If you bought DOGEasset in AE, you can withdraw DOGE for it through the gateway.
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March 11, 2014, 01:16:57 PM
 #43125

This good enough for y'all?



Fine by me *feels a bit sheepish* I like it as my girlfriend (who has never used an exchange) gets it. Those used to exchanges *know* intuitively what will happen when they press the button. Depends who you expecty to be using the AE one day, if just exchange guess - leave it as it was. If you want my gf, ma, pa, granpappy etc the little, unobtrusive bubble explains what is going on without a manual or a forum post.


On the megathread: people wanted to stay here for the 'pub' bit but, a few short weeks ago, a big reason was CfB was here and liked it here. If anyone had a technical question it would be CfB who would give the answer. Now, we have 5-6 people who seem to have a good handle on how things work and can answer each others questions and are learning from each other every day (it is great to see btw) and soon CfB will be leaving us. I wanted to keep this thread but now I am more ready to move.

The devs could then be persuaded to switch to a clearer system (they would get more help if others/newcomers could clearly see what was being developed and see where they could input). We will still/always have a 'pub' thread but I predict it would be less popular without CfB and the devs in attendence. The only other problem is people seem to sh*t their pants whenever ther isn't a post from one of the devs every hour! And that's when Emule strikes, spreading his FUD at an apparent moment of weakness...  Shocked

Of course, you are within your rights to disagree Grin
grandpa_seth
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March 11, 2014, 01:17:08 PM
 #43126

Using Wesleyh's client on Firefox private window, Asset Exchange is empty. Just says loading and never gets there. Went on Chrome incognito and it works fine.
starik69
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March 11, 2014, 01:17:22 PM
 #43127

"will have received"?  Huh
Daedelus
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March 11, 2014, 01:19:46 PM
 #43128

This good enough for y'all?



I'm not sure but isn't this better;

"You will receive 1 NXT Fee once all assets have been sold"

Again. I'm not sure.

Yes, I was going to edit my post for this.

Future tense: You will recieve xNxt when all assets are sold.
Future perfect tense: You will have recieved xNxt when all assets are sold.   

Future perfect is for an action being completed in the future. I think you have it right but it does feel odd...
wesleyh
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March 11, 2014, 01:21:46 PM
 #43129


if you make a sell order of 10,000 not all will be sold at once. Only at the end will you have received the full amount of nxt (when everything is sold).

Got a better terminology for me?
Silmarils
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March 11, 2014, 01:27:36 PM
 #43130

@wesleyh

I ran into some issues testing your client nxtra.org/nxt-client/ with the latest Firefox 27.0.1.

1. Click on "Asset Exchange"

Asset data loading, please wait...

TypeError: db is null
... db.transaction(table, op).objectStore(table).openCursor().onsuccess = functio...
webdb.js (Line 292)

Nothing happens

2. The same with click on "Contacts"

3. "navbar-right" does not collapse when screen size is smaller than ∼830 px. It overlaps the main content.
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March 11, 2014, 01:27:50 PM
 #43131

Using Wesleyh's client on Firefox private window, Asset Exchange is empty. Just says loading and never gets there. Went on Chrome incognito and it works fine.

Using Wesleyh's client on Firefox and asset exchange is empty too
Daedelus
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March 11, 2014, 01:31:45 PM
Last edit: March 11, 2014, 01:42:08 PM by Daedelus
 #43132


if you make a sell order of 10,000 not all will be sold at once. Only at the end will you have received the full amount of nxt (when everything is sold).

Got a better terminology for me?

Reverse the parts. i.e.

"Once all assets have been sold, you will have recieved xNxt."


Edit: You may only want to have the bubble when more than one asset is being sold.

Edit2: You are a star for putting up with all this and being so quick to make any changes. The Nxt Devs really are lions led by donkeys but they take it all in their stride.

wesleyh
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March 11, 2014, 01:40:47 PM
 #43133

Using Wesleyh's client on Firefox private window, Asset Exchange is empty. Just says loading and never gets there. Went on Chrome incognito and it works fine.

Using Wesleyh's client on Firefox and asset exchange is empty too

You guys in private mode right? Probably unable to access database then. I will change it to make asset exchange work (it will be slower since nothing is cached), but obviously you will not be able to have contacts in private mode since all data is deleted when the browser session ends.
jl777
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March 11, 2014, 01:44:43 PM
 #43134

should i run on one of the test nodes? would that help?
Yes please,the more the merrier


http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
opticalcarrier
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March 11, 2014, 01:45:34 PM
 #43135

I've completed the 1st draft of my article about forging from a probabilistic point of view: http://www.docdroid.net/9yub/forging.pdf.html

Comments, suggestions, (and donations Wink) are welcome!

Please, discuss it here: https://forums.nxtcrypto.org/viewtopic.php?f=17&t=836 (or send me a PM). Unfortunately, I won't be able to follow this thread in the next few days.

limit forging power 1/3 active balance.

this means you need to continuously monitor which is the total active balance everytime and limit forging power to 1/3 active balance maximun per account.

ok so you want to limit effectiveBalance to max value possible equal to 1/3 of balance.  I dont understand your last sentence at all.  What is the point of 1/3, why not 1/4?
jl777
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March 11, 2014, 01:46:27 PM
 #43136

James, do you want us to just start trading it ?
Sure. When it goes on mainnet, being able to convert nodecoins to NXT will give it value. The more it is worth, the more people will run it, which means there will be more active nodes.

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
wesleyh
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March 11, 2014, 01:48:37 PM
 #43137

This good enough for y'all?



I'm not sure but isn't this better;

"You will receive 1 NXT Fee once all assets have been sold"

Again. I'm not sure.

Yes, I was going to edit my post for this.

Future tense: You will recieve xNxt when all assets are sold.
Future perfect tense: You will have recieved xNxt when all assets are sold.  

Future perfect is for an action being completed in the future. I think you have it right but it does feel odd...

it makes the most sense to say "you will receive (x)NXT once all assets are sold"

i think there should be a ? for fee too.. stating "1nxt fee immediately is deducted from effective balance for all buy/sell orders"
just in case people think that it is taken after the sale/purchase is made..

when i first started trading i kept placing and canceling buy/sell orders.. on exchanges there is no fee to do that how ever there is on AE..

if people migrate to the AE and do the same they will end up wasting nxt for nothing and get frustrated when they realize they have thrown away 5,10,15 nxt for nothing.. its a stupid thing to have to include but i think it is needed for any newbies that start using the asset exchange. you need an idiot to make it idiot proof :L your welcome ha



I'm using the syntax suggested by another user:

"Once all assets have been sold, you will have recieved xNxt."

Also, about another question mark next to fee, I don't know about that.. What do others think? Can't clutter up the interface with question marks all over Smiley

At some point  tutorial guide will be included in the nxt client, which will guide you through all screens and show you what everything does. That should be good enough, right? Fees are used for every action in the system anyway.
opticalcarrier
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March 11, 2014, 01:48:59 PM
 #43138

wait.  so ciyam got so butthurt that he not only leaves this thread but he locks the AT thread and wants people to come to his own forums board to discuss?  wtf I dont understand how people let themselves get so butthurt over this
Tobo
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March 11, 2014, 01:54:37 PM
 #43139

- Bigger discussion about must-have fields for nondigital goods
- marketing

No time for discussion. I'll implement only digital goods, someone then could add extra functions. U can start the discussion though.

If you want to add more functions on Nxt, you can start to do it yourself with your own dev team as James has been doing. what you need is to have an idea, find programers who can implement you idea, apply for a fund from tech fund, a whale, or lots of minnows.
igmaca
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March 11, 2014, 01:55:14 PM
 #43140

Quote from: mthcl
Quote from: igmaca
limit forging power 1/3 active balance.

this means you need to continuously monitor which is the total active balance everytime and limit forging power to 1/3 active balance maximun per account.

this can be interesting as inlet will penalize large accounts for small.

You mean 1/3 of total active balance (i.e., of all accounts together)? Yes, this may be a good idea (not with 1/3, which is kind of critical, but, say, 0.1). I only  don't know if this is computationally costly...

It could limit the power of forging under two restrictions;

a)  limit forging power to 0.1 total active balance maximun per account.
b) chance forging is about one day



one Raspberry pi node to forge must be active.
if a raspberry pi node gets forge shares its fee with other Raspberry Pi nodes pointing to the same Special node. (one of the 1,000 Special nodes for example "XX" )

note the criteria to limit the power of forging an account 1,000,000 nxt is due to 1440 blocks are generated in a day and therefore the chance is about one day.

if the number of blocks per day for example increase to 14400 per day the criteria to limit the power of forging change to 100,000 nxt account as tantamount to a chance of about one day.

why one day?
because all accounts that they want to forge if they are always active every day receive fees
keeps the interest in forging and maintain the node active everytime



"XX" Special node forge a slave parallel bloc because power forge depends by Raspberry Pi nodes

XX" Special node

can split the fees if a Raspberry pi node gets forge to all Raspberry pi nodes that point to "XX" node in proportion to the amount of funds each node (account) has



what happens if you attack one of the 1,000 nodes?

as the power to forge remains in raspberri pi nodes the network security remains unchanged.




Quote
...
the transaction fees are still too damn high, forging rewards are way to low & come too slow for all but the richest Nxters.
...
In my opinion, you're better off dishing out smaller rewards at a faster pace. People are like lab rats who feel rewarded when they get a pellet. It would be better to get .001 NXT every couple of days than 10 NXT after many months. It is simple psychology. Almost every successful software "invention" these days is successful because it's addicting. Twitter, facebook, Angry Birds, Flappy Birds, Candy Crush, Farmville. All very successful and all very addicting. Give the people their pellets and they will be addicted and they will forge.
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