Bitcoin Forum
November 13, 2019, 06:45:31 AM *
News: 10th anniversary art contest
 
   Home   Help Search Login Register More  
Pages: « 1 ... 2169 2170 2171 2172 2173 2174 2175 2176 2177 2178 2179 2180 2181 2182 2183 2184 2185 2186 2187 2188 2189 2190 2191 2192 2193 2194 2195 2196 2197 2198 2199 2200 2201 2202 2203 2204 2205 2206 2207 2208 2209 2210 2211 2212 2213 2214 2215 2216 2217 2218 [2219] 2220 2221 2222 2223 2224 2225 2226 2227 2228 2229 2230 2231 2232 2233 2234 2235 2236 2237 2238 2239 2240 2241 2242 2243 2244 2245 2246 2247 2248 2249 2250 2251 2252 2253 2254 2255 2256 2257 2258 2259 2260 2261 2262 2263 2264 2265 2266 2267 2268 2269 ... 2565 »
  Print  
Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2756263 times)
bitcoinpaul
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1000



View Profile
March 14, 2014, 02:22:59 PM
 #44361

i think stick with the web client! wait until testnet is back up if we have to.. better to give ppl a link.. no download ect.. its just easier for people to do!

+1
1573627531
Hero Member
*
Offline Offline

Posts: 1573627531

View Profile Personal Message (Offline)

Ignore
1573627531
Reply with quote  #2

1573627531
Report to moderator
1573627531
Hero Member
*
Offline Offline

Posts: 1573627531

View Profile Personal Message (Offline)

Ignore
1573627531
Reply with quote  #2

1573627531
Report to moderator
The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
1573627531
Hero Member
*
Offline Offline

Posts: 1573627531

View Profile Personal Message (Offline)

Ignore
1573627531
Reply with quote  #2

1573627531
Report to moderator
1573627531
Hero Member
*
Offline Offline

Posts: 1573627531

View Profile Personal Message (Offline)

Ignore
1573627531
Reply with quote  #2

1573627531
Report to moderator
1573627531
Hero Member
*
Offline Offline

Posts: 1573627531

View Profile Personal Message (Offline)

Ignore
1573627531
Reply with quote  #2

1573627531
Report to moderator
bitcoinpaul
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1000



View Profile
March 14, 2014, 02:23:54 PM
 #44362

And let the pool miners run Nxt in the background.
bidji29
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
March 14, 2014, 02:24:09 PM
 #44363

some testNXt please : 4891842774218925776

http://www.freebieservers.com/  100% FREE GAME SERVERS
Touque
Member
**
Offline Offline

Activity: 94
Merit: 10


View Profile
March 14, 2014, 02:25:49 PM
 #44364

Nxt have a better innovation compared to other altcoins popping up everywhere, but the only thing that is keeping it from progressing is the inability to mine Nxt when you have zero balance from you account or even if you have a thousand of it, decentralize means it is not controlled by a few big stake holders.

I proposed an option for "mining" Nxt.  Technically, this isn't mining, but if someone were to do this, we could all use our SHA-256/Scrypt hashing power to acquire Nxt.

I first posted this over at the Nextcoin.org forum (see here).  Please join the discussion and if anyone who reads this knows of an experienced pool admin who might be interested, please refer them to this topic.

The really cool thing about this approach is that people will most-likely not mine Nxt to dump it.  They will mine Nxt and the process will pump it, rather than suppress value!

Practically any way you look at this approach is a benefit!

Interesting idea. FYI - here is his idea on nextcoin.org:

-----------------
The idea is simple.  We could setup a SHA-256 & Scrypt mining pool.  The pool can use the coinwarz API to determine which coin is currently most profitable and it could mine the most profitable coin at the moment.  HOWEVER, instead of distributing these coins directly to the miners, the pool forwards all mining rewards to an exchange, dumps the coins, buys up Nxt with the profits and then re-distributes the Nxt to the miners.

So, although direct Nxt "mining" may not be possible, a mining pool for this purpose could help the entire community by providing an easy way for people to obtain some Nxt (even if the amounts are small) PLUS this should have a net-positive affect on the price of Nxt because the pool will be dumping other altcoins, and buying up Nxt.

So, does anyone know someone who could make this possibly happen?  Seriously, I think this could be a great idea.  I'd do it myself, but I don't have the time plus I've never managed a pool.  If we have any former (or current) pool managers, this could be awesome!

-----------------------
Damelon
Legendary
*
Offline Offline

Activity: 1092
Merit: 1001



View Profile
March 14, 2014, 02:26:36 PM
 #44365


Ehmm, the whole testnet is down???

I run a my node on testnet, it not down, just your webservice?

Well lets give them the windows client with your latest client build in?

dont think that is a good idea. i think stick with the web client! wait until testnet is back up if we have to.. better to give ppl a link.. no download ect.. its just easier for people to do!

I will be away from computers till late tonight.
Leaving in 45 minutes.

So if it's up earlier, someone else can set up the thread maybe?
I can dish out TestNxt when I get home tonight to a few people so we can hand out stakes to testers.

OR: we can wait with the thread till I get home and start it then.

I think we want to be sure that it will be able to handle anything BCT users can throw at it anyway Smiley

Your call

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
Join Nxt Slack! https://nxtchat.herokuapp.com/
Founder of Blockchain Workspace | Personal Site & Blog
wesleyh
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
March 14, 2014, 02:29:20 PM
 #44366

MARKETING TEAM!!!

Can we have a ANN Thread today?

"[ANN]: First PoW Coin on Top of NXT testNET! Just run a NXT node and earn nodecoins! Trade them on Asset Exchange!"



Fuck! Why is none doing this???

My english is to bad for doing things like that Sad

NOT NOW, TESTNET IS DOWN
argh!  Cheesy
Ehmm, the whole testnet is down???

I run a my node on testnet, it not down, just your webservice?

Well lets give them the windows client with your latest client build in?

More accurately testnet is STUCK. See last block date time.
igmaca
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
March 14, 2014, 02:29:35 PM
 #44367

Woah, what an interesting 24 hours. Every time I think I understand, I get a bit more confused.

First, James, great work. Regardless of where this all goes, your ability to innovate at the speed you do is undeniable. You are a great asset to the Nxt community.

I am not for or against Nodecoin at this point so I will simply hold my opinion until I am better educated.

However, now for the bigger questions, and this is not just in relation to Nodecoin but to all other coins planned in the future on top of Nxt. If we react to Nodecoin in this manner, I fear what the next weeks will be regarding additional assets and and/or coins. I hope we are able to come to a consensus as soon as possible and allow innovation to flourish.

So, if I am mistaken in my understanding, please correct me.

The purpose of Nodecoin is to encourage network participation?

Nodecoin is rewarded to those that run a node and is redeemable for Nxt?
My question regarding this is, "Where do they redeem them?". Is the scenario something like this.
I am a new comer to Nxt, I have 0 Nxt and no funds to purchase. So, I decide I want to run Nodeminer in hopes of redeeming Nodecoins for Nxt. I run Nodeminer for a specified amount of time and at any time I have accumulated a certain amount I can then redeem for Nxt (and/or use in other services).

My question is, where do the Nxt to redeem actually come from?

Additionally, is Nodecoin redeemable for any other currency? Or is Nxt the only reward? Obviouslly, in a round about way, other coins could be converted to Nxt and then used for the reward.

Is it intended that users that already have Nxt, pre-buy Nodecoins shares to support the Network. Therefore in a sense, outsourcing part of our network participation?


This is my question as well.  Instead of using nodecoin as the sole incentive for running a node...why not let the OTHER assets on NXT be the reward?  You could reward people small amounts of any coin (or asset) they desire from the trading fees (small amounts...say 0.00000010 or less).  Someone with a large stake in NXT could get slightly higher amounts.  That way even someone that has just 1NXT...gets something for being an active node.  That would give one hell of an incentive to get into NXT.  Everyone becomes there own micro exchange.

Am I completely off base here?

of course!

this is the solution. AE NXT exchange charges a small fee for each transaction and distributes
the fee to the active nodes
ebereon
Sr. Member
****
Offline Offline

Activity: 403
Merit: 500


View Profile
March 14, 2014, 02:30:41 PM
 #44368


NOT NOW, TESTNET IS DOWN

wesleyh, when is it up again?
wesleyh
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
March 14, 2014, 02:31:19 PM
 #44369


NOT NOW, TESTNET IS DOWN

wesleyh, when is it up again?

It's a bug, it needs to be fixed. Need new version of NRS most likely.
salsacz
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile
March 14, 2014, 02:31:39 PM
 #44370

ok, so wesleyh will create a topic. Move on Cheesy

Nxt tips: NXT-R67P-6BZ2-XWAK-8RHZR | Nxt forum | Nxt Academy | Donate for Nxt at the Universities // BTCD: RVMLrnxYYy7uy8YZo9FcGfXbk1ZMnNifdg
opticalcarrier
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
March 14, 2014, 02:33:40 PM
 #44371

It's a bit of a disgrace they only pay 1 fee for sending al those hunderd-thousands of NXT. Sometimes I think the fees should be relative to the amount of NXT. Something like this:

< 10 000 NXT send = min. 1 NXT fee
10000-100000 NXT send = min. 10 NXT fee
100000-1000000 NXT send = min. 100 NXT fee
> 1000000 NXT send = min. 1000 NXT fee

In the future this could be, because we want to lower the fees:

< 10 000 NXT send = min. 0.01 NXT fee
10000-100000 NXT send = min. 0.1 NXT fee
100000-1000000 NXT send = min. 1 NXT fee
> 1000000 NXT send = min. 10 NXT fee
 

What are your thoughts? The big guys earn of the fees of the small guys now, so it's more fair if they pay more for transactions?

Fee should depend on data size coz it solves a technical problem (spam prevention). An attempt to make it depending on sent amount is an attempt to make the world more "fair". Don't mix technical and political/ethical problems, plz.

why have you not been backing me up in the past when I have been suggesting this?HuhHuh
ChuckOne
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250

☕ NXT-4BTE-8Y4K-CDS2-6TB82


View Profile
March 14, 2014, 02:34:31 PM
 #44372

Nxt Network - Energy and Cost Efficiency Analysis

Comparing Bitcoin and NXT

https://docs.google.com/document/d/1J8uhdshu9epGRrQHBaloGc4itdvuAHZDAUtNDjOhz-8/edit?pli=1

Please review that paper and leave comments there.
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 2128
Merit: 1009

Newbie


View Profile
March 14, 2014, 02:38:48 PM
 #44373

why have you not been backing me up in the past when I have been suggesting this?HuhHuh

I don't read all the posts.
bitcoinpaul
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1000



View Profile
March 14, 2014, 02:42:04 PM
 #44374

why have you not been backing me up in the past when I have been suggesting this?HuhHuh

I don't read all the posts.

igmaca
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
March 14, 2014, 02:42:35 PM
Last edit: March 14, 2014, 02:53:36 PM by igmaca
 #44375


This is my question as well.  Instead of using nodecoin as the sole incentive for running a node...why not let the OTHER assets on NXT be the reward?  You could reward people small amounts of any coin (or asset) they desire from the trading fees (small amounts...say 0.00000010 or less).  Someone with a large stake in NXT could get slightly higher amounts.  That way even someone that has just 1NXT...gets something for being an active node.  That would give one hell of an incentive to get into NXT.  Everyone becomes there own micro exchange.

Am I completely off base here?

of course!

this is the solution. AE NXT exchange charges a small fee for each transaction and distributes
the fee to the active nodes


The active nodes receive two fees

A fee for each exchange assets independent of fund account
A fee as currently does nxt if node forges
rdanneskjoldr
Sr. Member
****
Offline Offline

Activity: 288
Merit: 250


View Profile
March 14, 2014, 02:43:50 PM
 #44376

some testNXt please : 4891842774218925776

7k sent
rdanneskjoldr
Sr. Member
****
Offline Offline

Activity: 288
Merit: 250


View Profile
March 14, 2014, 02:46:56 PM
 #44377


Ehmm, the whole testnet is down???

I run a my node on testnet, it not down, just your webservice?

Well lets give them the windows client with your latest client build in?

dont think that is a good idea. i think stick with the web client! wait until testnet is back up if we have to.. better to give ppl a link.. no download ect.. its just easier for people to do!

I will be away from computers till late tonight.
Leaving in 45 minutes.

So if it's up earlier, someone else can set up the thread maybe?
I can dish out TestNxt when I get home tonight to a few people so we can hand out stakes to testers.

OR: we can wait with the thread till I get home and start it then.

I think we want to be sure that it will be able to handle anything BCT users can throw at it anyway Smiley

Your call

i wont be available after 5-6ish to give out testnxt just letting you know

I asked in private to Damelon for ~200k testnxt.I have like 50k and ive been distributing testnxt for many days now.I will very probably stay today for the next 10/12 hours and follow everything,in case the thread is opened.
redsn0w
Legendary
*
Offline Offline

Activity: 1764
Merit: 1040


#Free market


View Profile
March 14, 2014, 02:49:36 PM
 #44378

MARKETING TEAM!!!

Can we have a ANN Thread today?

"[ANN]: NXT ASSET EXCHANGE on testNET LIVE! EASY Client included! Ask for testNXT!"

I think nobody knows that our Asset Exchange is working in TestNet?!? Announce it! Mastercoin Exchange will die, I'm sure...




I'd be happy to make a thread for AE.

What needs to be clear for everyone?

I think just this, isn't it?

Wesley's client: http://nxtra.org/nxt-client/

Where can they ask for TestNxt? In the [ANN] thread? Who will give those out?

Please let me know and I'll make one. Won't have time to monitor it today, though, so some people should step in, too Smiley

if you send a good chunk of test nxt to me i can dish it out for a few hours! Smiley il monitor the [ANN] thread and watch out for any questions. if they are techy ones il just post the link to them here and someone else can step in on that side

I can send 15-20 k TestNxt to every person who asks me.

I'm doing it for a couple of weeks
rlh
Hero Member
*****
Offline Offline

Activity: 788
Merit: 1000


View Profile
March 14, 2014, 02:49:52 PM
 #44379

for the nxt mining pool maybe create a large bounty for it? i dont think much will happen without a bounty?

I'm working on that now. I'm drafting bounty for Nextcoin.org.  I'll post that link, at that time.  I'll start by donating 20k, and I'll post a donation address.

Please note, I'm not running a client (I keep my Nxt in exchanges) so I'm installing it now to generate a community donation address.  If you donate 20k, too, that will be a 40k bounty for the first exchange that implements this. Cheesy

A Personal Quote on BTT from 2011:
"I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00.  Otherwise I'll just have to live with my 5 BTC and be happy. :/"  ...sigh.  If only I knew.
Damelon
Legendary
*
Offline Offline

Activity: 1092
Merit: 1001



View Profile
March 14, 2014, 02:50:09 PM
 #44380


I asked in private to Damelon for ~200k nxt.I have like 50k and ive been distributing testnxt for many days now.I will very probably stay today for the next 10/12 hours and follow everything,in case the thread is opened.

ok thanks and fair play! Smiley

Can I send?
If the net is down, how?

Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
Join Nxt Slack! https://nxtchat.herokuapp.com/
Founder of Blockchain Workspace | Personal Site & Blog
Pages: « 1 ... 2169 2170 2171 2172 2173 2174 2175 2176 2177 2178 2179 2180 2181 2182 2183 2184 2185 2186 2187 2188 2189 2190 2191 2192 2193 2194 2195 2196 2197 2198 2199 2200 2201 2202 2203 2204 2205 2206 2207 2208 2209 2210 2211 2212 2213 2214 2215 2216 2217 2218 [2219] 2220 2221 2222 2223 2224 2225 2226 2227 2228 2229 2230 2231 2232 2233 2234 2235 2236 2237 2238 2239 2240 2241 2242 2243 2244 2245 2246 2247 2248 2249 2250 2251 2252 2253 2254 2255 2256 2257 2258 2259 2260 2261 2262 2263 2264 2265 2266 2267 2268 2269 ... 2565 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!