NXT :: descendant of Bitcoin - Updated Information

[Come-from-Beyond]

How many will you sell? Would be best if you sold to multiple people if a lot, so as to distribute and not encourage hoarding.

10 BTC looks good enough for the reward.

I think we could distribute the coins among 10 persons. 1 BTC to each one.

[apenzl]

NXT NEWSLETTER

On the subject of info getting lost and most of us spending hours after hours on catching up on bitcointalk, nxtcoin.org, forum.nxtcrypto +

I have the time to tie a newsletter together a week - if somebody is willing to help me with info. I don't have the time anymore to trawl all the NXT-threads, but I can gather, sample and send the updates out, if I am feeded a resume from the different sources of information. 

NXTers on the mailing list will then get a chance to focus on their own battleground, while still getting the most important headlines from every other field of the NXT development (with links to the sources). Personally I like being up to date - also in the fields I am not capable of contributing to. And another plus: Important announcements for the community can easier reach everybody via a maillinglist.

We need at least one person from:
- Bitcointalk (main thread + various others) 
- Nextcoin forum 
- Forum.nxtcrypto 
to join this project and "feed" the newsletter resumes.
Info sent directly from developers or marketeers is of course also welcomed.

I don't have a thing (or NXT  ) to give you in return, but contributors will get their acc number on their contributions - and more importantly right now: Help to organize the NXT stream of info.

/apenzl

[Passion_ltc]

unclaimed coins will be sold.

?

We need to do audit of Nxt crypto algorithms. NXTs r not so popular as BTC, so there is only 1 option to attract as many participants as possible == to offer reward in BTC, not in NXT.

Also it doesn't make much sense to offer reward in coins that will become useless if a flaw is found. 

But the people get much more interactive if they own something which could become worth significant more than now. Also the unclaimed coins should be used for bounties.

[superresistant]

...
eMunie will be released, and it will be successful.

- thank you for sharing your thought about eMunie.
And we know your attitude toward Nxt:

..
I didn't commit to any specific actions when I sent in my BTC back in September - I'm not so much a stakeholder as an investor/gambler. I'm grateful to those users who are actively doing things to support NXT, but was there an agreement we signed? Everyone is following their own self interest.

Yes, that is still my attitude toward NXT! It has turned out to be an excellent investment, and I feel very fortunate to have spotted BCNext's original post when I did. By then I had however, already discovered emunie 6 weeks earlier, and even on the day I sent in my contribution to BCNext's IPO I knew that the NXT big thing in the crypto currency world was going to be a system that tackled price volatility head on. NXT isn't doing that, but emunie is.
It is possible to design a system that can sense network supply and demand signals in real time and adjust the rate of currency creation dynamically. This is the moment in history when human knowledge can use computing power and decentralised networks to do something like this. Elastic supply and price stability is possible, and I believe emunie will achieve this.
It isn't rocket science, but it is digital currency science, and Fuserleer is a pioneer, just like Satoshi, and BCNxt is a pioneer also.
But Fuserleer is real person named Dan Hughes, and I've chatted with him, and got to know him. He's a really good guy. Don't you guys wish you could have a chat with Satoshi or BCNext nearly every day in a shoutbox? But you can't. Nobody can, because those guys have chosen to hide - that's a bit sad, and it's going to make selling crypto currencies to the general public and business a lot harder.
Transparent forging is very clever, and if it works as planned NXT might achieve visa transaction rates. BUT, emunie can achieve visa transaction rates too, and it's 100% anonymous, with a super lightweight blocktree, and it has human understandable addresses like alias names, and messaging, and chat, and will have a p2p exchange very soon too - plus a heap of other stuff that blows my mind. It'll work on a phone too eventually, so it'll be mobile friendly.
I'm not a technical guy, but I know what I've seen testing the beta clients, and my money is on Fuserleer doing exactly what he has said he'll do. He's nearly there, and eventually all the code demons will get to see how he did it. But only a fool would reveal HOW it works before he's launched his product. And he's done so much testing, when it launches it will be ready for wide adoption without bugs and crashes.
A fixed supply does not make a good currency, so I'm an emunie guy, with a solid respect for NXT.

I don't think being a public figure on an important crypto-currency is a good thing : Fuserleer takes everything personally. Look at what happened, few people spread some FUD and he cancel the IPO that people where waiting for months and has already be postponed before.
Dan Hughes is probably a very nice guy but there is no way a human can handle the pressure from creating and managing the claimed most important crypto-currency ever.

I am more confident with Bitcoin and NXT.

[BitAddict]

Question:
Can you try to modify the next block info by sending especific transactions to another accounts, so you can know how to change next block to hit it and so on?
I guess the answer is no, but why not?

Thanks!

Coz TF doesn't give 100% prediction even for the next block. 1440 blocks ahead can't be predicted reliably.

So TF predicts with 1440 blocks in advance? (I read that is something like .99*.99*.99*... and so on for further blocks)
It takes only the last block hash to determine that, or several previous hashes?

[Come-from-Beyond]

Also the unclaimed coins should be used for bounties.

This is a bounty.

[pinarello]

I don't know if you want to go by fixed price, I will go by 0.00003 paid in 4 business days or I can do 5% off DGEX market price at that point

For accountability reason, if anyone could match my offer, then you could take this too.

Let's do 95% of DGEX price.

wow wait 1 sec. maybe there r more interested in this....

Pin

[Come-from-Beyond]

So TF predicts with 1440 blocks in advance? (I read that is something like .99*.99*.99*... and so on for further blocks)
It takes only the last block hash to determine that, or several previous hashes?

All previous hashes. At block 1440 reliability of prediction will be ~0%.

[psybits]

How many will you sell? Would be best if you sold to multiple people if a lot, so as to distribute and not encourage hoarding.

10 BTC looks good enough for the reward.

I think we could distribute the coins among 10 persons. 1 BTC to each one.

I'll take 1 BTC worth at 0.00003 - and if the BTC helps the NXT project then it's win - win

My coins are all over the place but I can do the trade later today - or if you want to wait until you have 10 people that's fine too (but then it would be nice if it could be 5% off dgex price if the exchange rate is below 0.00003).

[Come-from-Beyond]

I'll take 1 BTC worth at 0.00003 - and if the BTC helps the NXT project then it's win - win

My coins are all over the place but I can do the trade later today - or if you want to wait until you have 10 people that's fine too (but then it would be nice if it could be 5% off dgex price if the exchange rate is below 0.00003).

95% of DGEX price.

[pandaisftw]

I don't know if you want to go by fixed price, I will go by 0.00003 paid in 4 business days or I can do 5% off DGEX market price at that point

For accountability reason, if anyone could match my offer, then you could take this too.

Let's do 95% of DGEX price.

wow wait 1 sec. maybe there r more interested in this....

Pin

I'm interested, was thinking about increasing my stake anyways

Not sure how much attention this will attract, but I suppose if we can double-triple-quadruple the amount of people looking for flaws in the source code it'd be a good call.

[rickyjames]

Is anyone going to become an NXT/fiat gateway when Asset Exchange is launched? I know about only 1 such case.

We are working on putting a very simple broker type of service were people can buy NXT with EUR.
It will be very very simple and the sole purpose of it is going to be just give "easier" way of buying NXT without going through the hassle of getting btc and then converting.
I hope we will be ready in 1-2 weeks.

Someone in Canada should open USD-NXt gateway, I suppose it would be easier three with RoboCon and everything. Here in States, the NSA scares the shit out of me. But because of NXT cause, I might try to do something. But lol I expect to get a "cease and desist" letter very soon and I have to stop anyway.

Anybody in the United States who opens a USD/NXT gateway has a lot more than the NSA to worry about.  There is a LOT of very specific paperwork to fill out to become a Money Services Institution (not the official title, but there is one.)  Cryptsy is following this path and as soon as they have the applications approved, they are effectively an officially registered US Bank and can start selling cryptos for USD.  Anybody in the US who trys that without clearing it first with the Feds gets this happening to them:

http://www.theverge.com/2013/8/23/4651926/us-government-seized-5-million-from-bitcoin-behemoth-mt-gox

[apenzl]

NXT NEWSLETTER

On the subject of info getting lost and most of us spending hours after hours on catching up on bitcointalk, nxtcoin.org, forum.nxtcrypto +

I have the time to tie a newsletter together a week - if somebody is willing to help me with info. I don't have the time anymore to trawl all the NXT-threads, but I can gather, sample and send the updates out, if I am feeded a resume from the different sources of information. 

NXTers on the mailing list will then get a chance to focus on their own battleground, while still getting the most important headlines from every other field of the NXT development (with links to the sources). Personally I like being up to date - also in the fields I am not capable of contributing to. And another plus: Important announcements for the community can easier reach everybody via a maillinglist.

We need at least one person from:
- Bitcointalk (main thread + various others) 
- Nextcoin forum 
- Forum.nxtcrypto 
to join this project and "feed" the newsletter resumes.
Info sent directly from developers or marketeers is of course also welcomed.

I don't have a thing (or NXT  ) to give you in return, but contributors will get their acc number on their contributions - and more importantly right now: Help to organize the NXT stream of info.

/apenzl

Brainstorm on topics…
- Clients
- Security / interface improvement
- Arbitrary message and mobile app
- Features / source code development
- Promotion and marketing
- Attacks
- Quote of the week
- Bounties (new and ended)
- NXT initiatives / new sites / games / scams and so on…
- Open discussions (voting system, unclaimed coins, exchanges and so on…)

What this newsletter comes down to is in essence just answering everybody: Where are we now?How can I help? ….. What is NXT?

PM me if you want to contribute.

I posted this on nextcoin and forum.nxtcrypto too.

https://forums.nxtcrypto.org/viewtopic.php?f=2&t=562
https://nextcoin.org/index.php/topic,2915.0.html

Please spread the word to other threads that you know of too, if you want this to happen.

Thanks!

[pinarello]

...
eMunie will be released, and it will be successful.

- thank you for sharing your thought about eMunie.
And we know your attitude toward Nxt:

..
I didn't commit to any specific actions when I sent in my BTC back in September - I'm not so much a stakeholder as an investor/gambler. I'm grateful to those users who are actively doing things to support NXT, but was there an agreement we signed? Everyone is following their own self interest.

Yes, that is still my attitude toward NXT! It has turned out to be an excellent investment, and I feel very fortunate to have spotted BCNext's original post when I did. By then I had however, already discovered emunie 6 weeks earlier, and even on the day I sent in my contribution to BCNext's IPO I knew that the NXT big thing in the crypto currency world was going to be a system that tackled price volatility head on. NXT isn't doing that, but emunie is.

It is possible to design a system that can sense network supply and demand signals in real time and adjust the rate of currency creation dynamically. This is the moment in history when human knowledge can use computing power and decentralised networks to do something like this. Elastic supply and price stability is possible, and I believe emunie will achieve this.

It isn't rocket science, but it is digital currency science, and Fuserleer is a pioneer, just like Satoshi, and BCNxt is a pioneer also.

But Fuserleer is real person named Dan Hughes, and I've chatted with him, and got to know him. He's a really good guy. Don't you guys wish you could have a chat with Satoshi or BCNext nearly every day in a shoutbox? But you can't. Nobody can, because those guys have chosen to hide - that's a bit sad, and it's going to make selling crypto currencies to the general public and business a lot harder.

Transparent forging is very clever, and if it works as planned NXT might achieve visa transaction rates. BUT, emunie can achieve visa transaction rates too, and it's 100% anonymous, with a super lightweight blocktree, and it has human understandable addresses like alias names, and messaging, and chat, and will have a p2p exchange very soon too - plus a heap of other stuff that blows my mind. It'll work on a phone too eventually, so it'll be mobile friendly.

I'm not a technical guy, but I know what I've seen testing the beta clients, and my money is on Fuserleer doing exactly what he has said he'll do. He's nearly there, and eventually all the code demons will get to see how he did it. But only a fool would reveal HOW it works before he's launched his product. And he's done so much testing, when it launches it will be ready for wide adoption without bugs and crashes.

A fixed supply does not make a good currency, so I'm an emunie guy, with a solid respect for NXT.

Is he?

did he solve the problem of spamming hatcher and they die like fly's?

you r nothing but a gambler, with no respect to NXT or his creator whatsoever. Hope you already sold out and put your money on emunie.

emunie doenst tackle a goddamned thing, it is cetralized and people like you with big pockets will decide when and how coins will be created after-mining. You also allready decided that the created coins will go to the biggest accounts.

Now go trolling on the emunie forum.

Pin

[psybits]

I'll take 1 BTC worth at 0.00003 - and if the BTC helps the NXT project then it's win - win

My coins are all over the place but I can do the trade later today - or if you want to wait until you have 10 people that's fine too (but then it would be nice if it could be 5% off dgex price if the exchange rate is below 0.00003).

95% of DGEX price.

Would love to help but I think I'll wait and buy on exchange over the next few days (I think NXT is going down for a while before it goes up again).

[psybits]

Is anyone going to become an NXT/fiat gateway when Asset Exchange is launched? I know about only 1 such case.

We are working on putting a very simple broker type of service were people can buy NXT with EUR.
It will be very very simple and the sole purpose of it is going to be just give "easier" way of buying NXT without going through the hassle of getting btc and then converting.
I hope we will be ready in 1-2 weeks.

Someone in Canada should open USD-NXt gateway, I suppose it would be easier three with RoboCon and everything. Here in States, the NSA scares the shit out of me. But because of NXT cause, I might try to do something. But lol I expect to get a "cease and desist" letter very soon and I have to stop anyway.

Anybody in the United States who opens a USD/NXT gateway has a lot more than the NSA to worry about.  There is a LOT of very specific paperwork to fill out to become a Money Services Institution (not the official title, but there is one.)  Cryptsy is following this path and as soon as they have the applications approved, they are effectively an officially registered US Bank and can start selling cryptos for USD.  Anybody in the US who trys that without clearing it first with the Feds gets this happening to them:

http://www.theverge.com/2013/8/23/4651926/us-government-seized-5-million-from-bitcoin-behemoth-mt-gox

This would be a great project for those not based in the US.

I think I'll add it to my (infinite) to do list.

[Come-from-Beyond]

Would love to help but I think I'll wait and buy on exchange over the next few days (I think NXT is going down for a while before it goes up again).

Ok

[apenzl]

I don't know if you want to go by fixed price, I will go by 0.00003 paid in 4 business days or I can do 5% off DGEX market price at that point

For accountability reason, if anyone could match my offer, then you could take this too.

Let's do 95% of DGEX price.

95% off DGEX price??? I'm in!!!!  

[MadCow]

NXT does not have that X-factor. The BCNext disappearing act is enigmatic, but it doesn't inspire loyalty

No, what is enigmatic is that I 1) can't pre-purchase any eMunie or 2) load up a Mac wallet and start hatching. Or find out what the inflation/equilibrium algorithm is or half-a-dozen other questions that remain to be answered.

Coming in here and damning NXT with faint praise just seems... odd.

I can't think of one soul here (that contributes regularly) that impugns eMunie, speaks poorly about the dev/team, etc. All of us are too busy here with our 'no X-factor' enterprise to really give eMunie much notice.

Once I can actually download a client, that may change.

What about this below? This information needs to be challenged. eMunie isn't a scam, and it's definitely not toast. I'm responding, not initiating, but I feel these type of posts need some balance otherwise some new people will believe what they read, and reputations get damaged.

a nice article:
A New Wave of 2nd Generation Cryptocurrencies: NXT, eMunie, SkyCoin, EarthCoin
http://alunacrypto.blogspot.cz/2013/12/a-new-wave-of-2nd-generation.html

Found some distressing news about emunie developer https://ripple.com/forum/viewtopic.php?f=15&t=5399

Seems he is a known scammer, but it is all third hand, so best if you make your own conclusions. Seems to be very suspicious that the presale was closed based on the reason that trolls took up too much of his time. Huh?

If anybody knows of a serious competitor to NXT, please post about it. Need to know what the competition is up to. At this point, I am putting emunie in the potential competitor category. Until there is an open beta and/or open src, it could all be vaporware for all we know. Has anybody here actually used the beta of emunie?

James

I'm going to conclude that eMunie (scam or not) is toast. Dead. Not happening.
Just read Fuserleers (eMunies lead dev/creator/lord of all creation) post here:

https://asktom.cf/index.php?topic=412118.0

The tl:dr version is that eMunie will not launch on schedule because fuserleer is upset by the trolls.
It's a very bad sign for eMunies credibility that one guy can derail what is potentially a massive project because he's a bit upset by criticism.

[Come-from-Beyond]

Well, if someone wants to buy 1 BTC worth NXT then post here Bitcoin address the payment will be made from and ur Nxt account.

I'll respond with Bitcoin address for payment. Price ~95% DGEX market price.