NXT :: descendant of Bitcoin - Updated Information

[wesleyh]

I do not see a problem with that. The more I think about it, the more I like it. Just let us trade aliases and the market will decide.

If you want to create an asset and you need a goooood name, you can buy it for the price it is worth to you. Simple. Works with domain names these days.

Nevertheless, I agree: the alias should be included in the asset exchange table. What alias do you choose right now? An account could have more than one alias.

User chooses which alias to use (that they own) when they create the asset.

[wesleyh]

Hey ciyam, you see what happens when you push an idea / prototype? Discussion. Which results in new ideas. Good!

There is already a great invention for trust called GPG - maybe if we can help make *that* more user friendly we could integrate its usage *with* the Nxt platform.

I think the idea of "personal" aliases (unique attributes belonging to a user) could be helpful for that (one of those could be GPG fingerprint).

I like idea of non-squattable alias: @234343343 (@ + your account id). Only account can register this special alias.

How am I going to remember that one?

You don't need to remember it, it's for clients. You can simply click a form to edit your email address and other personal details you want to share, without knowing the id).

[CIYAM]

It's all fine to say "let the market decide" but you do know that in many countries "it is illegal to squat on domain names" (countries like say Australia).

Also look at .bit - how well has that done?

Basically the squatting has pretty much ruined any impetus it had at all.

[BrianNowhere]

i do not know what to attribute the price swing to but i just wanted to point out that i also have noticed the striking independence from bitcoins price. not just in this swing but in general always nxt has been like that. to me its EXTREMELY long term bullish, no other altcoin behaves this way that i am aware of. for better or worse nxt is its own animal entirely.

There is one other alt-coin that has behaved pretty independently of BTC price, going up while BTC is going down and pretty much does it's own thing. That coin is DOGE. I think it's largely an effect of good marketing. Meanwhile Salascz (not sure if spelling right) has been a beast lately getting the word out and reddit.com/r/Nxt has been more active. (r/Dogecoin was INSTRUMENTAL in Doge popularity) and I don't want to take anything away from others working on the marketing either. Everyone who's out there spreading the word is helping Nxt gain independence from BTC. When BTC is going down people look for a better place to invest but don't want to go back to FIAT. Nxt is starting to become a good place for that.

Not to take anything away from DEVS but I think their efforts will show up later in the price. Right now it's good marketing and good word of mouth that will have the biggest effect on value.

[intmain()]

Hey ciyam, you see what happens when you push an idea / prototype? Discussion. Which results in new ideas. Good!

There is already a great invention for trust called GPG - maybe if we can help make *that* more user friendly we could integrate its usage *with* the Nxt platform.

I think the idea of "personal" aliases (unique attributes belonging to a user) could be helpful for that (one of those could be GPG fingerprint).

This is what I have been working on, somewhat. I'm using the already available ECC crypto-libraries in NXT instead of GPG/PGP libraries.

[wesleyh]

It's all fine to say "let the market decide" but you do know that in many countries "it is illegal to squat on domain names" (countries like say Australia).

Also look at .bit - how well has that done?

Basically the squatting has pretty much ruined any impetus it had at all.

Uh well non-unique aliases as you proposed could never work if you ever want to do something like namecoin, (DNS based system).

[ChuckOne]

It's all fine to say "let the market decide" but you do know that in many countries "it is illegal to squat on domain names" (countries like say Australia).

What is the point? NXT does not prevent anything. The community/market will "solve" the squatted name by simply not buying it.

[wesleyh]

Hey ciyam, you see what happens when you push an idea / prototype? Discussion. Which results in new ideas. Good!

There is already a great invention for trust called GPG - maybe if we can help make *that* more user friendly we could integrate its usage *with* the Nxt platform.

I think the idea of "personal" aliases (unique attributes belonging to a user) could be helpful for that (one of those could be GPG fingerprint).

This is what I have been working on, somewhat. I'm using the already available ECC crypto-libraries in NXT instead of GPG/PGP libraries.

Could you explain what you are working on in more detail?

[CIYAM]

This is what I have been working on, somewhat. I'm using the already available ECC crypto-libraries in NXT instead of GPG/PGP libraries.

Very good - this could really help things out.

[CIYAM]

It's all fine to say "let the market decide" but you do know that in many countries "it is illegal to squat on domain names" (countries like say Australia).

What is the point? NXT does not prevent anything. The community/market will "solve" the squatted name by simply not buying it.

The point is that no-one uses .bit because of all the name squatting - you want no-one to use Nxt then just follow in their footsteps.

We are supposed to be appealing to "business" (at least that is how we have tried to *brand* ourselves).

So if the first thing we do is prevent any business from being able to use their own name without extortion it is *hardly going to be appealing*.

[intmain()]

Could you explain what you are working on in more detail?

A decentralized DNS routing system that passes encrypted objects from one peer to another using a hallmarked server as a relay point.

[Hegemon]

So if the first thing we do is prevent any business from being able to use their own name without extortion it is *hardly going to be appealing*.

what are they doing with domain names since internet is born ?

[Emule]

hmmmm back to new lows

PoS is not proof of stake, but piece of shit

dump dumpedy dump and no i dont know 2 gen

[CIYAM]

So if the first thing we do is prevent any business from being able to use their own name without extortion it is *hardly going to be appealing*.

what are they doing with domain names since internet is born ?

Again - in many countries it is *illegal* to squat names (such as Australia) - the world isn't just the US.

[Emule]

nxt gives meaning to the term dumpcoin the only coin where they dump without pump

maybe you should consider name change 

[lophie]

Could you explain what you are working on in more detail?

A decentralized DNS routing system that passes encrypted objects from one peer to another using a hallmarked server as a relay point.

Cant wait for tor hidden servicea to start using it!

[bitcoinpaul]

i do not know what to attribute the price swing to but i just wanted to point out that i also have noticed the striking independence from bitcoins price. not just in this swing but in general always nxt has been like that. to me its EXTREMELY long term bullish, no other altcoin behaves this way that i am aware of. for better or worse nxt is its own animal entirely.

+1

[BrianNowhere]

Thank you for reminding him. Instead of letting this discussion play out.

Because this all just an effort to "try and undo" his decision.

Nope, I simply want the community to see it, and try it, before deciding on it. As there is no way back.

Again, if the people here do not want this I can simply remove it again. It's a prototype, which I assume you are familiar with.

Wesleyh how about allowing the user to assign a "contact name" to an issuers NXt address?

I can only compare Ripple again, where you provide a "trust line" to a Ripple Address and their Assett.
The way that works is first you set up a trust line for reN4oyRpY7nEKiSLxE6nxdXWc3veYi1QC to sell you BTC.
Actually now that I think of it there's usually a separate address for each Assett, but nevertheless.

Then, when you go in the trading section and look for BTC you will see reN4oyRpY7nEKiSLxE6nxdXWc3veYi1QC as one of the isssuers you trust.

To make this neater you can "create a contact" and name reN4oyRpY7nEKiSLxE6nxdXWc3veYi1QC to whatever you want, say Bob's Bitcoins.

Now when you go into the trading section and look for BTC you'll see "Bob's Bitcoins" as one of the issuers you trust an you can buy Bitcoins from them.

Is there anyway to identify assets being issued according to the Nxt address they are tied to? Can assets be tied to nxt addresses?

[bitcoinpaul]

There is already another field. It's called account ID

+1



I know you are in the middle of the discussion. Just wanted to express my opinion that the current 'solution' by wesleyh (using unique Aliases) is a bad idea. I really don't like it since we now have the same problem (or worse) as with unique asset names.

But you are in the middle of the discussion and moved forward, I see. So keep it coming, guys!

[Eadeqa]

So if the first thing we do is prevent any business from being able to use their own name without extortion it is *hardly going to be appealing*.

what are they doing with domain names since internet is born ?

The domain names expire though. You have to pay to keep it. in nxt case domain are life-time. Even after you are dead, no one can still use them