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Author Topic: | Nxt | Blockchain Platform | Proof of Stake | Official  (Read 940984 times)
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JohnnyBTCSeed
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February 09, 2015, 05:10:11 PM
 #6181

I am curious if anyone is using the monetary system to act as a replacement for local community exchange systems?

https://www.community-exchange.org/

Unlike the conventional money-based exchange system, the CES has no physical currency. The idea that such a currency is required before any trading can take place is an ancient one and increasingly irrelevant in this day and age of computers and the Internet. Information can replace currencies and at the same time eliminate most of the problems associated with regular money.

As the 'currency' in the above types of exchange systems is information it does not have to be ‘created’ like conventional money so there is no need for an issuing authority or for a supply of it, and none is required to start trading. ‘Money’ in these systems is a retrospective score-keeping that keeps a record of who did what for whom and who provided what to whom. There can never be a shortage of information as there can be of money, as information does not have to be created and limited by a third party (banks or government) in order to give it value and meaning. For this reason the concepts of borrowing, lending and interest are meaningless in the CES.



Can the nxt monetary system be implemented to work in a very similar manner but decentralized? We currently have an administer for our local CES however if this person dies or gives up or does a bad/slow job then the system can suffer.

One of the problems as well is that it is nearly impossible to use the CES currency to pay regular bills. ie rent, power


Is there a model that the nxt monetary system can be implemented to take over this centralized system? Is there a model that these nxt monetary system tokens can also be traded for "regular" money?



Hopefully this post makes sense. Smiley

Thanks guys.
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February 09, 2015, 05:13:06 PM
 #6182

Let me add this

There are many different types of complementary exchange systems (CESs) and they are growing in popularity throughout the world. Some use ‘hard’ currencies, where notes and coins are issued by the group for their own use; others use time as a 'currency' rather than notes; and yet others use a ‘virtual currency' which is the recording of the values of goods and services exchanged.
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February 09, 2015, 08:02:49 PM
 #6183

https://nxtforum.org/nrs-releases/nrs-v1-4-13/

Quote
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 1.4.13

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-client-1.4.13.zip

sha256:

58ab52f0e49e344fde5f2ba7447c43d1f3ab5ff3aaad9c93ba4900bd55ba41ed  nxt-client-1.4.13.zip


Change log:

Peer networking improvements, better logging, bugfixes.

News page now loads correctly when the wallet uses https.
Nxt forum message updates are displayed instead of new topics.
Feed refresh is performed whenever the news page is refreshed.

Minor UI bugfixes.


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Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
Join Nxt Slack! https://nxtchat.herokuapp.com/
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February 09, 2015, 10:06:34 PM
 #6184

NXT has been dropping down

NXT has been 5000 sat's give or take a few hundred for the last 4 months or so.
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February 10, 2015, 09:58:13 PM
 #6185

And another one: https://nxtforum.org/nrs-releases/nrs-v1-4-14/

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 1.4.14

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-client-1.4.14.zip

sha256:

dca307494ebf4053572cf02273c76e8046f352f604f834f47360274cca39a70a  nxt-client-1.4.14.zip


Change log:

Added debugging output for failing currency mint transactions.

Reduced default numberOfForkConfirmations to 2.


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February 10, 2015, 09:59:43 PM
 #6186

NXT has been dropping down

NXT has been 5000 sat's give or take a few hundred for the last 4 months or so.

The distribution of Nxt is getting better and better! More whales are cashing some of there stake, that's why the price is low. But it has to be done sometimes, the stakeholders had to much stake and it's good they sell a big part. New people are buying!  Smiley
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February 10, 2015, 11:21:05 PM
 #6187

Looking at the stats, nxtforum.org had I good month in January.

New topics: 757
New posts: 13039
New members: 302
Most online: 234.

Feb has already beaten most online with 311. And most of those stats are the best from the last 2-3months  Grin

Looks positive


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February 10, 2015, 11:49:21 PM
Last edit: February 11, 2015, 03:22:13 AM by jones_
 #6188

A simple proof of concept nxt offline blockchainless wallet.

http://jnxt.org/vapor

All the code needed to create sign and broadcast transactions is grouped into a single html file that can be downloaded and used offline.
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February 11, 2015, 01:42:05 AM
 #6189

A simple proof of concept nxt offline blockchainless wallet.

http://jnxt.org/vapor

All the code needed to create sign and broadcast transactions is grouped into a single html file that can be downloaded and used online.

Phat! Cheesy
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February 11, 2015, 01:47:05 AM
 #6190

This one I found also interesting (for the devs out there that are using C#): NxtLib - a typed .NET API wrapper for NXT
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February 11, 2015, 09:05:24 AM
 #6191

Looking at the stats, nxtforum.org had I good month in January.

New topics: 757
New posts: 13039
New members: 302
Most online: 234.

Feb has already beaten most online with 311. And most of those stats are the best from the last 2-3months  Grin

Looks positive




I see a lot of new followers on my Twitteraccount too. People are finally seeing Nxt and they can buy it cheap now.  Smiley
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February 11, 2015, 12:28:19 PM
 #6192

Yeah, I often go to r/bitcoin and NXT is usually never mentionned but this month i saw a discussion about it.
Table are turning

http://www.freebieservers.com/  100% FREE GAME SERVERS
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February 11, 2015, 09:24:07 PM
 #6193

Ideas
Let’s actively bring Nxt into every university and school all over the world. Every teacher will be able to download and use teaching materials for their students. Everyone will be able to attend free online courses about Nxt from their home. Young people untouched by the cryptocurrencies will be informed about Nxt via: bulletin boards at the school, lectures organized at their school, student projects led at their school… Online Nxt courses will be visible at every educational site with online courses...


Why Nxt Academy?
The world of cryptocurrencies has got a huge enemy – ignorance. The society isn’t ready for wider acceptance of the cryptocurrencies. Nxt is bringing a huge revolution in many industries, but right now it is just a toy for geeks. Nxt Academy is going to prepare the society for the Nxt crypto revolution by providing teaching materials.

Strategy
Direct marketing to Students – education
Nxt Academy isn’t only a passive website with videos and texts. It actively propagates Nxt at schools, universities or student festivals. Nxt Academy will be targeting all bigger Universities and sending its materials to their students. Students will be working on team projects with their classmates, while Nxters will be mentoring them. They could join international research teams, apply for Nxt Academy grants or Theses of the year. Teachers will be receiving teaching materials, infographics, textbooks and worksheets for children, so they could teach even young kids about Nxt. It will be easy to download all sources, printed materials will be sent to the schools or handed out after the speeches / lectures at the schools and universities.

Online Marketing and Cooperation
All content created by the Nxt Academy will be actively distributed to the other similar projects – Khan Academy, Coursera, Coin Academy,  College Cryptocurrency Network… It’s about spreading the knowledge, so Nxt Academy will try to have its courses at all of those sites and many others.

Nxt Academy will be targeting people untouched by the cryptocurrencies at various online platforms (such as Freebieservers). Nxt Academy provides press releases, news, blog posts, Twitter/Facebook/Weibo posts, forum posts, videos at multiple platforms… SEO, online marketing etc.

Translations are planned for Spanish, German, Chinese, Japanese, Russian, French and Czech.

Research
Nxt Academy will be supporting the crypto research. Database of the research/students papers will be very helpful for all cryptocurrency researchers. This side project will create a library with crypto-related articles saved at multiple platforms. With enough funds, Nxt Academy could provide student scholarships, grants or awards. The dream goal is to have a crypto theses of the year contest during the Nxt Academy conference.

Teaching - Online courses and textbooks
Before entering the Universities or Student festivals, Nxt Academy needs to prepare the teaching materials.

Online courses
Easy-to-use platform for everyone who will be able to learn about Nxt, its ecosystem, its ideas, its abilities. New fresh videos and edited videos will be followed by chosen articles and infographics.

Textbooks
If we want to get cryptocurrencies and Nxt into the mainstream, we need to prepare educational materials for teachers. Textbooks will be created by a cooperation with university professors and school teachers.

Worksheets
Even children should have a chance to learn about the cryptocurrencies. We need to prepare the world for this new revolution. Worksheets, educational programs for children will be prepared by a cooperation with the school teachers.

Infographics
Social media campaigns need well prepared infographics to reach the biggest audience.

What is Nxt Academy?
Nxt Academy is a non-profit organisation which focuses on free education of the students and children. Nxt Academy isn’t a commercial project, so its existence, form and size depends on donations from the Nxt community.

Nxt Academy Crowd funding:
Nxt Academy is a first project using completely decentralized Crowd funding via Nxt Monetary System:

Code: ACDMY
Name: NxtAcademy
Activation: block 370,000 (cca 1st March)
500,000 NXT need to be raised during February in order to successfully finish this crowd funding campaign. Details and questions: https://nxtforum.org/nxt-academy/

How to donate:
1) Click at Monetary System + Currencies section
2) Find ACDMY / NxtAcademy
3) Click at “Reserve” at the “Actions” column.
4) Buy any number of “Units” (more = better Smiley )

a)

b)


How it works?
If 500 units won’t be bought before block 370,000, all pledged NXT will be returned. If at least 500 units will be bought, raised funds will be used for maintaining Nxt Academy (= at least 1000 USD/month). More funds = more projects for students, more lectures all over the world, more external teachers, more printed materials.

More info about the project:
- http://nxtacademy.com/about/
- https://nxtforum.org/nxt-academy/


- current projects: http://nxtacademy.com/category/news/projects/
- online courses (BETA): http://nxtacademy.com/courses/all/

Little update after first week:

Funding was at 111,000 NXT today.

During first 7 days, 111,300 NXT were pledged, 200 NXT directly, 111,100 NXT by Monetary System.

30 Nxters decided to support the project by their donations, the most generous were 5x10,000 and 1x20,000 NXT.

thank you Smiley
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February 12, 2015, 04:36:51 AM
 #6194

Good for you salsacz. Well done.  Cool
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February 12, 2015, 07:25:04 AM
 #6195

Can I mint with 40-100 machines that will mint to one adress?
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February 12, 2015, 07:34:47 AM
 #6196

Can I mint with 40-100 machines that will mint to one adress?

Why? It won't improve your chances to forge.

Nomi, Shan, Adnan, Noshi, Nxt, Adn Khn
NXT-GZYP-FMRT-FQ9K-3YQGS
https://github.com/Lafihh/encryptiontest
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February 12, 2015, 07:39:53 AM
 #6197

Can I mint with 40-100 machines that will mint to one adress?

Why? It won't improve your chances to forge.

Because I'm trying to mine in VPS, so I need mine them to one account.
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February 12, 2015, 07:44:00 AM
 #6198

Can I mint with 40-100 machines that will mint to one adress?

Why? It won't improve your chances to forge.


Probably he means mint (PoW) currencies on the Monetary system, not forge.

I think it should be possible now, a few months ago it wasn't, it gave you an error: "error: Counter xy has to be bigger than xy"

Quote from: lyaffe
Yes, every mint transaction for currency/account needs to have a higher counter than all previous mints or otherwise you could just submit the same hash again and again.
If you are minting from two machines setup each machine to mint on a different account.
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February 12, 2015, 07:46:18 AM
 #6199

Can I mint with 40-100 machines that will mint to one adress?

Why? It won't improve your chances to forge.


Probably he means mint (PoW) currencies on the Monetary system, not forge.

I think it should be possible now, a few months ago it wasn't, it gave you an error: "error: Counter xy has to be bigger than xy"
Thank you.
Can I use my online wallet for this?
And I have 43500 khash in scrypt coins, How much $ you think I get with minting?
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February 12, 2015, 07:48:45 AM
 #6200

Can I mint with 40-100 machines that will mint to one adress?

Why? It won't improve your chances to forge.


Probably he means mint (PoW) currencies on the Monetary system, not forge.

I think it should be possible now, a few months ago it wasn't, it gave you an error: "error: Counter xy has to be bigger than xy"

Quote from: lyaffe
Yes, every mint transaction for currency/account needs to have a higher counter than all previous mints or otherwise you could just submit the same hash again and again.
If you are minting from two machines setup each machine to mint on a different account.

The wiki still says you shouldn't (https://wiki.nxtcrypto.org/wiki/Mint_Worker_Utility -> section constraints)

Achim, are you sure that this was changed?
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