[ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer

[superresistant]

Not all things US Gov are bad, I like flushing my toilet and having my garbage picked up weekly.  Anyway, I think his point is be careful about using Poloniex for your IPO because the Gov can shut it down pretty easily.

Lol do you really believe that the US gov flush your toilet and pick up your garbage ?
Come on, you are joking.

The US gov don't do anything but take all your wealth and force you to wage slavery while they enjoy watching the world burn.

[egghead123]

Not all things US Gov are bad, I like flushing my toilet and having my garbage picked up weekly.  Anyway, I think his point is be careful about using Poloniex for your IPO because the Gov can shut it down pretty easily.

Don't your taxes pay for this?If they do then that means YOU pay for it.Do you pay water rates?if so then you are actually charged per flush.Also if you have any plastic rubbish etc you already have paid a surcharge when you bought it for its disposal.Basically you are the same slave but you get to pay for it this time.LOL

[jl777]

@James, are you aware of Syscoin,  will you consider SYS to join in SuperNET?

see OP
coins@thesupernet.org

[jl777]

Not all things US Gov are bad, I like flushing my toilet and having my garbage picked up weekly.  Anyway, I think his point is be careful about using Poloniex for your IPO because the Gov can shut it down pretty easily.

Lol do you really believe that the US gov flush your toilet and pick up your garbage ?
Come on, you are joking.

The US gov don't do anything but take all your wealth and force you to wage slavery while they enjoy watching the world burn.

Dubai, now there is a place all fancy

[jl777]

I make mistakes and when coding, it is not a big problem as long as you are still developing it. You just fix it, recompile and its as if it never happened. Now to make perfect SuperNET design ahead of time, this is beyond me to get it perfect. I think I am doing pretty good so far, but this thing called the future is always so chaotic and I worry that what seems like some good ideas now will become not so good later.

So, I had an idea to use the Voting process for making any significant changes to the operating parameters of SuperNET. Things like should the supertraders get 10% or 11%? What if some fiat advertising seems appropriate, but the budget of 10% revenues is not enough? What if we really should be making these "Hello Kitty" things?

You see, there are things unpredictable and rather being rigid and permanently using the initial parameters I would think it is better to allow for the asset holders themselves to select from several options. So, without solving all the details of the Voting process, I think there are three categories of Voting. the relatively minor but still money affecting things, like the base percentages tweaking where a simple majority would be enough. Then some medium level things, like significant changes to some percentages or starting a "Hello Kitty" sticker manufacturing sideline, now this is requiring two thirds supermajority and then finally some really big changing things, like should the SuperNET be liquidated or should jl777 be replaced by a monkey, these would require near unanimous 90%.

These percentages I am using are ownership. SuperNET honors the golden rule. Now if this is not objectionable, then SuperNET is having the ability to reconfigure itself based on the will of the people that own it. The NXT allows voting by weight of the assets owned, at least this is a simple thing to do, so we can make a public blockchain record of such votings. I dont expect to have many votings, but I think it is nice to know that it is possible to protect the people's capital with future based changes to SuperNET that can allow it to adapt and to have the people directly vote their choice.

I think it will be pretty clear which of the three categories any particular voting should be. In the event this is controversial, we can always have a pre-vote vote to determine what category the vote should be in. this pre-vote voting would be the category with the max votes wins. So now for all things we can not only get a asset holder proportional voting, but even make sure the right amount of majority is needed

Unless I am incapacitated, I think I will be the one to call for a vote, but I am always listening to the community, so if there are any such issues that the community wants to vote on, I dont see why I wouldnt allow a vote. If some coin is really wanted by supermajority 2/3'rds, then I think the popular vote would be something that the coin evaluation group would not be able to ignore.

So maybe there are other categories of override/veto that the supermajority should have. I think there must be, but I am happy writing this as a big weight of having to get every detail right is removed. I need to get close, but if there is some parameter that is not right or even a thing I am overlooking (it happens!), then there is a way to solve this without just declaring it to be fait accompli. The people most affected by structural changes to SuperNET will have the power to determine such things.

James

P.S. to clarify, the business as usual stuff is not requiring any votings! these are for the unusual scenarios and maybe we done need to use it at all until the far future

[sanbashiyi]

i will join the ICO , JL777 's idea make me confident

[rabbiter]

I would be interested in how you judge a coin to be worthy or is it open to all first comers?

I feel like of there if there is no discrimination then you will have a ton of scam coins or clones given more exposure than they deserve.

I would want conditions like brand new source, no clones, as a stipulation just for starters. This is important as it could raise the legitimacy of real innovation and lower the legitimacy of poorly put together coins. It could be the way forward for alts if done with some discernment.

[yoyotu]

Wait for the ICO.

[Fern]

Not all things US Gov are bad, I like flushing my toilet and having my garbage picked up weekly.  Anyway, I think his point is be careful about using Poloniex for your IPO because the Gov can shut it down pretty easily.

As good as Poloniex is, wouldn't it be less risky using NXT Asset Exchange. Or use Poloniex as gateway as funds are moved to Secure AE SuperNet asset.

[DailyModo]

Any timeline for the ipo?

[jl777]

I would be interested in how you judge a coin to be worthy or is it open to all first comers?

I feel like of there if there is no discrimination then you will have a ton of scam coins or clones given more exposure than they deserve.

I would want conditions like brand new source, no clones, as a stipulation just for starters. This is important as it could raise the legitimacy of real innovation and lower the legitimacy of poorly put together coins. It could be the way forward for alts if done with some discernment.

no clones in the core, this is in OP, at least I think it is
why would SuperNET choose a coin that is not having some unique value?

[jl777]

Any timeline for the ipo?

will know timeline hopefully within 24 hrs

[Somekindabitcoin]

I'm definitely buying into it.

[JTB800]

p.s. in rest of the world many countries has free medical care

If you really think that your medical care is "free", then I don't think you have the proper level of sense to be investing in crypto. Just go back to surfing for Kim Kardashian news and Justin Beiber updates.

[uki]

Interesting. Added to watchlist.

[TaunSew]

I have $0 in BTCD and yet I am still interested in the SuperNET project, especially for the organization aspects.   James is taking us in the right direction in that we need to move away from the chaos of 500+ alternates and then coinmarketcap which lists every Jerry and Joe coin.  All the $hitcoins sucking in capital and scamming people is causing them to cut their losses and leave the alternate scene altogether.  

If all the $hitcoin capital was redirected into 10-20 coins then we would all benefit in the immediate term and also in the long run as trust would increase and this would be key in bringing in more outside $Fiat.

Remember this is not a dog-eat-dog within the confines of a $7 billion crypto currency market.  The real goal here is building cryptos to be a $trillion dollar market.  Dot.com in the late 1990s was $7 trillion and the internet back then was this obscure thing used by 2% of the population.  There's also other several $trillion dollar industries and markets.

https://www.youtube.com/watch?v=JUs7iG1mNjI
(not quite the late 1990s but goes to show how mainstreet viewed it at the time).

[EtherCoin]

Not all things US Gov are bad, I like flushing my toilet and having my garbage picked up weekly.  Anyway, I think his point is be careful about using Poloniex for your IPO because the Gov can shut it down pretty easily.

wow, you dont have to live in garbage and the toilets actually work!
USA is a paradise indeed. Hardly anywhere else in the world has such luxuries
you probably even have hot water and electricity!

Now seriously, just how primitive do you think the rest of the world is?

James

Lol, exactly my thoughts, in fact I live right now in a so-called third world country where I have way better facilities and services that the average American has (obviously, will differ in different areas). US people have to take a peek outside sometimes.

Note: You can be sure that James' and my posts are not a critic, but a CALL for US people to wake up and realize what's going on.

Eth.

[jeezy]

I have $0 in BTCD and yet I am still interested in the SuperNET project

As far as I understand it the shares will be held in BTC not BTCD/NXT.

[mladen00]

I have $0 in BTCD and yet I am still interested in the SuperNET project

As far as I understand it the shares will be held in BTC not BTCD/NXT.

I think that shares will be held in BTC and BTCD and NXT

[JTB800]

Not all things US Gov are bad, I like flushing my toilet and having my garbage picked up weekly.  Anyway, I think his point is be careful about using Poloniex for your IPO because the Gov can shut it down pretty easily.

wow, you dont have to live in garbage and the toilets actually work!
USA is a paradise indeed. Hardly anywhere else in the world has such luxuries
you probably even have hot water and electricity!

Now seriously, just how primitive do you think the rest of the world is?

James

Lol, exactly my thoughts, in fact I live right now in a so-called third world country where I have way better facilities and services that the average American has (obviously, will differ in different areas). US people have to take a peek outside sometimes.

Note: You can be sure that James' and my posts are not a critic, but a CALL for US people to wake up and realize what's going on.

Eth.

Well, you are being a critic, even if that guy commenting about garbage pick-ups deserved some crap. And, while I am as Libertarian as the next crypto investor, this thought that the dollar is doomed and yet somehow things will be OK elsewhere in the world is delusional. When the dollar goes (and yes, I think it will, if this keeps up), the whole world is going to plunge into a massive depression. Gold and silver will be the only currency that counts. Maybe Bitcoin, but even that is iffy. The average person has about as much trust in the safety (from getting hacked) of crypto as they do a used car salesman.