NXT :: descendant of Bitcoin - Updated Information

[Sebastien256]

My view has already partly been made when I said that the "community" gets asked for its opinion *beforehand* too much instead of being asked for opinions based on actual products. So that's my view on our development cycle: hampered by a skewed view of decentralisation.

Second: I do not believe mainstream people will use Nxt.

Did that get your attention?  

I go a step further and state: most people do not use the internet.

People use Google, Facebook, Wikipedia, but they do not use "the internet".
They have no idea what "the internet", and even more: they fear "the internet" and they look strangely upon people actually involved in anything more that using a search engine or a simple email. I am sure most of us know that already.

In a similar way, I do not believe the mainstream user will ever use Nxt: they will use the services made possible by Nxt, whether through the infrastructure or through well-hidden implementations of Nxt tokens within another system.

Having had to explain "Nxt" to several "normal" investors, the first thing you notice is that they *do not care* about technicals and want to keep their users as far away from them as possible. They will never, ever put "this system uses Nxt" on their product. Forget it. The term "crypto" is too associated with crime and drugs to ever be used in any serious advertising.

We delude ourselves if we even think that Bitcoin under that name will be used. it won't: people are extremely afraid of it, and it doesn't matter one bit that this isn't true or not.
That doesn't mean that Bitcoin will be useless, it will just never be mentioned.

As far as I know, Nxt still functions in every way described. AE, DX, AM etc. are all features it has. Investors that I have spoken to see this value, and one has even bitten and will use Nxt (details to follow). However, will most people use Nxt? No, they will use his system "powered by Nxt".

The confusion comes in a large part from the way it was named at the start: as a coin. That name for what is actually a "token" used to operate on the Nxt system is misleading.
It does point to the value however. In the second part of the TF paper, it was called a token, too, and I think it's a good designation.

Recap:
1. What is Nxt? An ecosystem, encompassing all the features already described, to which the "Nxt" token grants access.
2. Will it be used by mainstream users? As a coin: no way. But then again, the same goes for all cryptos that call themselves openly cryptos. As an underlying infrastructure: hell yeah! It has more than enough potential for that.
3. Is this different from what we were told? I don't think so, but in my previous post I have already established that the same facts may lead to wildly divergent conclusions.
4. Am I blind to the tough times we are having and the lack of direction: nope. I just don't think it's an honest assesment of the four months of work and effort we have put in. Being "headless", this is nót unexpected at all.

This sound good too me, but, I think nxt can also be use as a coin for those who want to use it as a coin. For me, Crypto is the first service that nxt offer, but not the last.

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[Passion_ltc]

Guys, NXT is falling and you just talk about technical stuff, sure this is the basis but it's not all. I hope that the price won't be 0 when I return in April..

- Where is the SMF forum?
- Where is a good and professional homepage?
- Define an AE launch date, Mario will edit the date counter and make this public.
- Start a Reddit Marketing Campaign. The funds weren't allocate to someone of us. What is SalsaCZ doing? (I'm pretty sure MUCH in the background, but we need front actions)
- What are the plans of the 3 committees?
- What is about NXT.org?


You should do the following:

1.) Get NXT.org in your hands!
2.) Create a professional homepage there! (With: Get Started, Client Overview, Graphs from BTER/Cryptsy/Vircurex, the wiki, information about NXT (2 versions for normal guys, and for technical guys)..)
3.) Launch a SMF forum there with a few sections (General, Projects in development, Finished projects, Technical Discussion (Sub: Brainstorming), Promotion, META and 1 forum for each different languages)
4.) Integrate Wesleys Client (and the following program) into Jean-Luc's new NXT versions.
5.) Someone should code a program (for WIN, Mac OS, Linux) with the following functionality:
- Start it
- A small window appear and the NRS is starting in the background (the user can't see the terminal!)
-- You can see these things in the small window:
--- Overview of the blockchain (in percent, how far is it updated to the newest state. Nothing more! Just a number.)
--- Terminal log
--- A button to restart NRS
--- A button "Open Wallet" to open NRS (opens the browser and goes to localhost:7875)
--- A button "Open Tools" to open the admin tools
( Later you should add a save/open button to create/open a wallet.dat, in which is the password (encrypted) )


If you have this, even beginner can start NRS and handle it! They just have to start the program, click on the button and they are in the wallet. Nothing more.. (They even don't need to know that this is not a "wallet")



A few weeks/months ago I was planning to do all this against a payment. Nobody of the major stakeholders wanted to pay me. It's not a problem, but we need this ASAP!

[himmelsfaller2]

Hey Guys.

www.nextcoin24.org is a german Nextcoin Page...
more pages and infos will be added soon.

it would be great, if u add www.nextcoin24.org to your pages!

have a nice day...

to the moon!

Thanks! Nice design. Nice explanation. It should address average joe. Well done!

[grandpa_seth]

@wesleyh you might have missed my post a while back. But there is a spelling error in the client. The green box that pops up in the right corner telling me I've

just "sold" an asset says "sould" instead.

[jelin1984]

Nxt is a bubble I think

[Sebastien256]

Nxt is a bubble I think

well, that seems like a deep thought.

[wesleyh]

@wesleyh you might have missed my post a while back. But there is a spelling error in the client. The green box that pops up in the right corner telling me I've

just "sold" an asset says "sould" instead.

No, i replied to it, you missed my reply

Are you on http://nxtra.org/nxt-client or using a downloaded client? Only the online client is up to date and has that fixed. Press CTRL+F5 to force refresh if still occurring.

[Daedelus]

Nxt is a bubble I think

Those that thought Nxt would be lunar by now or could forge 10,000 a week or both are cashing out as the air goes out of their dreams. AUR/DOGE awaits.  


If you think Nxt can't deliver what has been promised ahead of the competition is a good reason why you should sell. Or if you believe Nxt is in competition with AUR/DOGE you should sell.

Otherwise, what has changed since the highly speculative days in December? I put money in then and things have only progressed and improved. I think I will be doing the same again.

[grandpa_seth]

Nxt is a bubble I think

Bubblicious Yum

[grandpa_seth]

@wesleyh you might have missed my post a while back. But there is a spelling error in the client. The green box that pops up in the right corner telling me I've

just "sold" an asset says "sould" instead.

No, i replied to it, you missed my reply

Are you on http://nxtra.org/nxt-client or using a downloaded client? Only the online client is up to date and has that fixed. Press CTRL+F5 to force refresh if still occurring.

My apologies sir. I was on nxtra.org and I refreshed and it is corrected. A winner is you! 

[Daedelus]

I would like to hear more thoughts from everyone about the "State of the (NXT) Union"

It helps form a better overall picture.

(personally I fear that NXT would never reach the outside world and will always stay in the closed circle of this community, but I'm a tech newb so it doesn't count for anything)

I would really like to hear reasoning from those that believe that NXT will indeed be:

a.) the first choice for decentralized exchange and an asset exchange (ahead of other crypto solutions)

and

b.) will be so widely used among people as something we commonly use on the internet today

I would really like to hear thoughts from people that really believe this and that really see the path to this state.

(what I'm missing here lately is a clear direction and some greater confidence, because lately when comparing NXT to other crypto solutions you can feel at least a lack of purpose)

Be honest (even those that want to believe) as to where NXT is and where it's going...

My view has already partly been made when I said that the "community" gets asked for its opinion *beforehand* too much instead of being asked for opinions based on actual products. So that's my view on our development cycle: hampered by a skewed view of decentralisation.

Second: I do not believe mainstream people will use Nxt.

Did that get your attention?  

I go a step further and state: most people do not use the internet.

People use Google, Facebook, Wikipedia, but they do not use "the internet".
They have no idea what "the internet", and even more: they fear "the internet" and they look strangely upon people actually involved in anything more that using a search engine or a simple email. I am sure most of us know that already.

In a similar way, I do not believe the mainstream user will ever use Nxt: they will use the services made possible by Nxt, whether through the infrastructure or through well-hidden implementations of Nxt tokens within another system.

Having had to explain "Nxt" to several "normal" investors, the first thing you notice is that they *do not care* about technicals and want to keep their users as far away from them as possible. They will never, ever put "this system uses Nxt" on their product. Forget it. The term "crypto" is too associated with crime and drugs to ever be used in any serious advertising.

We delude ourselves if we even think that Bitcoin under that name will be used. it won't: people are extremely afraid of it, and it doesn't matter one bit that this isn't true or not.
That doesn't mean that Bitcoin will be useless, it will just never be mentioned.

As far as I know, Nxt still functions in every way described. AE, DX, AM etc. are all features it has. Investors that I have spoken to see this value, and one has even bitten and will use Nxt (details to follow). However, will most people use Nxt? No, they will use his system "powered by Nxt".

The confusion comes in a large part from the way it was named at the start: as a coin. That name for what is actually a "token" used to operate on the Nxt system is misleading.
It does point to the value however. In the second part of the TF paper, it was called a token, too, and I think it's a good designation.

Recap:
1. What is Nxt? An ecosystem, encompassing all the features already described, to which the "Nxt" token grants access.
2. Will it be used by mainstream users? As a coin: no way. But then again, the same goes for all cryptos that call themselves openly cryptos. As an underlying infrastructure: hell yeah! It has more than enough potential for that.
3. Is this different from what we were told? I don't think so, but in my previous post I have already established that the same facts may lead to wildly divergent conclusions.
4. Am I blind to the tough times we are having and the lack of direction: nope. I just don't think it's an honest assesment of the four months of work and effort we have put in. Being "headless", this is nót unexpected at all.

Agree, I think this is the likely future for Nxt.

[wesleyh]

New feature: API request logging, simply press the icon in the bottom right corner

[lumierre]

Nxt is a bubble I think

All money is a bubble. Gold, bitcoin, fiat... All a collective delusion.

[Come-from-Beyond]

Nxt is a bubble I think

No, it's a snowball.

[Damelon]

This sound good too me, but, I think nxt can also be use as a coin for those who want to use it as a coin. For me, Crypto is the first service that nxt offer, but not the last.

No problem at all: but for all intents and purposes, you are not mainstream
(And that was what the question was about )

[nxtsky]

Finally the biggest account(2159498187382012684) moved 1.189M to bter.
The price will going down more.
Prepare cash to buy.

[Daedelus]

Where is Emule? Thought he would have chipped in by now...

[Daedelus]

Nxt is a bubble I think

No, it's a snowball.

Are you contractually required to say that?  



Time for a cuppa now I think...

[Come-from-Beyond]

Are you contractually required to say that? 

I was always saying that Bitcoin is a snowball.

Now I always say that Nxt is a snowball.

[BitcoinForumator]

@Damelon - thanks for clearing out some of the confusion.