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Topic: NXT :: descendant of Bitcoin - Updated Information (Read 2761749 times)

Come-from-Beyond

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Re: Thread: Main

December 30, 2013, 08:17:23 PM

#10981

Quote from: ZeroTheGreat on December 30, 2013, 08:14:21 PM

Why implement that kind power in first place?! I don't get it. As I see, it's really dangerous. What about "+"s? Not so much. We can create a poll in forum.

I like it. Let's use Voting System (just voting) to ask if we need this. And implement the rest only if we get 51%.

laowai80

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Re: Thread: Main

December 30, 2013, 08:19:12 PM

#10982

Quote from: Come-from-Beyond on December 30, 2013, 08:17:23 PM

Quote from: ZeroTheGreat on December 30, 2013, 08:14:21 PM

Why implement that kind power in first place?! I don't get it. As I see, it's really dangerous. What about "+"s? Not so much. We can create a poll in forum.

I like it. Let's use Voting System (just voting) to ask if we need this. And implement the rest only if we get 51%.

So, when will Voting be implemented, after which block?
What is the plan for the next 2-3 features, which blocks are they introduced at?
Just to be ready, you know

BloodyRookie

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Re: Nxt :: descendant of Bitcoin - Updated Information

December 30, 2013, 08:19:21 PM

#10983

Interesting. When I mentioned my concerns about this kind of voting system a few days ago, nobody seemed to care...

Nothing Else Matters
NEM: NALICE-LGU3IV-Y4DPJK-HYLSSV-YFFWYS-5QPLYE-ZDJJ
NXT: 11095639652683007953

ZeroTheGreat

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Thread: Main

December 30, 2013, 08:20:23 PM

#10984

Quote from: Come-from-Beyond on December 30, 2013, 08:17:23 PM

Quote from: ZeroTheGreat on December 30, 2013, 08:14:21 PM

Why implement that kind power in first place?! I don't get it. As I see, it's really dangerous. What about "+"s? Not so much. We can create a poll in forum.

I like it. Let's use Voting System (just voting) to ask if we need this. And implement the rest only if we get 51%.

Strongly agree. First (and may be last) voting poll:

Should we turn this potential system of control off forever?

Only after that feature will be or gone, or fully opened.

ZeroTheGreat

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Thread: Main

December 30, 2013, 08:22:04 PM

#10985

Quote from: BloodyRookie on December 30, 2013, 08:19:21 PM

Interesting. When I mentioned my concerns about this kind of voting system a few days ago, nobody seemed to care...

I may be missed that in 500+ topic.

Come-from-Beyond

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Re: Thread: Main

December 30, 2013, 08:23:54 PM

#10986

Quote from: laowai80 on December 30, 2013, 08:19:12 PM

So, when will Voting be implemented, after which block?
What is the plan for the next 2-3 features, which blocks are they introduced at?
Just to be ready, you know

I haven't seen Voting System code yet. We have Transparent Forging ready and now I'm digging thru Arbitrary Messages. Jean-Luc is reviewing version with TF. We'll know what block TF is activated on only after he completes this work.

gbeirn

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Re: Thread: Main

December 30, 2013, 08:24:15 PM

#10987

Quote from: ZeroTheGreat on December 30, 2013, 08:20:23 PM

Quote from: Come-from-Beyond on December 30, 2013, 08:17:23 PM

Quote from: ZeroTheGreat on December 30, 2013, 08:14:21 PM

Why implement that kind power in first place?! I don't get it. As I see, it's really dangerous. What about "+"s? Not so much. We can create a poll in forum.

I like it. Let's use Voting System (just voting) to ask if we need this. And implement the rest only if we get 51%.

Strongly agree. First (and may be last) voting poll:

Should we turn this potential system of control off forever?

Only after that feature will be or gone, or fully opened.

I Love it!

NXT VPS Server Donations can be sent here: 6044921191674841550
At the end of each month I will donate some of them back to the community.
This is separate from my main wallet so you can keep track of them. I will keep them in there and only use them for hosting.

landomata

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Re: Thread: Main

December 30, 2013, 08:26:26 PM

#10988

Quote from: Come-from-Beyond on December 30, 2013, 08:23:54 PM

Quote from: laowai80 on December 30, 2013, 08:19:12 PM

So, when will Voting be implemented, after which block?
What is the plan for the next 2-3 features, which blocks are they introduced at?
Just to be ready, you know

why do you call it Arbitrary messages?

https://docs.apriloracle.com

laowai80

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Re: Nxt :: descendant of Bitcoin - Updated Information

December 30, 2013, 08:28:31 PM

#10989

This is all so exciting. The more I ask questions and get answers, the more I see the bigger picture. Can't wait to have most important features implemented and with a nice GUI.

PS: registered a few more aliases today, turns out quite a few good ones are still left for grabbing.

Come-from-Beyond

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Re: Thread: Main

December 30, 2013, 08:30:15 PM

#10990

Quote from: landomata on December 30, 2013, 08:26:26 PM

why do you call it Arbitrary messages?

BCNext called it Arbitrary Messages coz format of this messages is not defined. They contain raw hex numbers and it's up to an application how to interpret them.

ZeroTheGreat

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Thread: Main

December 30, 2013, 08:31:55 PM

#10991

Quote from: gbeirn on December 30, 2013, 08:24:15 PM

Quote from: ZeroTheGreat on December 30, 2013, 08:20:23 PM

Quote from: Come-from-Beyond on December 30, 2013, 08:17:23 PM

Quote from: ZeroTheGreat on December 30, 2013, 08:14:21 PM

Why implement that kind power in first place?! I don't get it. As I see, it's really dangerous. What about "+"s? Not so much. We can create a poll in forum.

I like it. Let's use Voting System (just voting) to ask if we need this. And implement the rest only if we get 51%.

Strongly agree. First (and may be last) voting poll:

Should we turn this potential system of control off forever?

Only after that feature will be or gone, or fully opened.

I Love it!

We'll write history...

Anyway I still don't get why idea appeared in first place. It's real threat to decentralization. Genius manipulator'll create center for sure with such tool with time.

Come-from-Beyond

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Re: Nxt :: descendant of Bitcoin - Updated Information

December 30, 2013, 08:36:30 PM

#10992

Quote from: smaragda on December 30, 2013, 08:31:46 PM

Come-from-Beyond to the rescue! Grin

https://bt.irlbtc.com/view/391035.msg4209230#msg4209230

Nothing interesting on that thread. I already explained why all coins were created at once - https://bt.irlbtc.com/view/364239.msg4206645#msg4206645

Come-from-Beyond

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Re: Thread: Main

December 30, 2013, 08:37:55 PM

#10993

Quote from: ZeroTheGreat on December 30, 2013, 08:31:55 PM

We'll write history...

We'll make history. The winner will write it.

ZeroTheGreat

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Thread: Main

December 30, 2013, 08:41:51 PM

#10994

Quote from: Come-from-Beyond on December 30, 2013, 08:37:55 PM

Quote from: ZeroTheGreat on December 30, 2013, 08:31:55 PM

We'll write history...

We'll make history. The winner will write it.

I mean any decision:
"We need potential system of control"
"We don't need potential system of control"
will be historic.

But still: why idea appeared? How many benefits it have to cloud THREAT TO DECENTRALIZATION? I suppose VS came from creator of Nxt, right? How does it connect?

BitCoiner2012

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Re: Nxt :: descendant of Bitcoin - Updated Information

December 30, 2013, 08:45:50 PM

#10995

So when it claims I can generate the next block in 55 days, does that imply that's how long my coins need to sit to be Stake? What's my benefit to forge in the meantime? None?

BTC Long.

Come-from-Beyond

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Re: Thread: Main

December 30, 2013, 08:46:25 PM

#10996

Quote from: ZeroTheGreat on December 30, 2013, 08:41:51 PM

But still: why idea appeared? How many benefits it have to cloud THREAT TO DECENTRALIZATION?

Nxt gives unlimited possibilities. I mentioned destruction of coins to catch attention of the community*. Unlimited possibilities is a double-edged blade, we can hurt ourselves.

------
* - actually this is the 2nd time, the 1st time was ignored.

Come-from-Beyond

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Re: Nxt :: descendant of Bitcoin - Updated Information

December 30, 2013, 08:47:51 PM

#10997

Quote from: BitCoiner2012 on December 30, 2013, 08:45:50 PM

So when it claims I can generate the next block in 55 days, does that imply that's how long my coins need to sit to be Stake? What's my benefit to forge in the meantime? None?

No. It shows ur current hit. After next block this will be changed. And then again and again, until u hit very close to 1 minute and then forge a block.

ZeroTheGreat

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Thread: Main

December 30, 2013, 08:48:02 PM

#10998

Quote from: BitCoiner2012 on December 30, 2013, 08:45:50 PM

So when it claims I can generate the next block in 55 days, does that imply that's how long my coins need to sit to be Stake? What's my benefit to forge in the meantime? None?

Now ROI% of forging lies near 0. If activity'll grow, situation can change. At any moment u've chance to hit the target. "55 days" estimated time. May be u'll never generate a block, may be u'll generate next 10k blocks in a row.

BitCoiner2012

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Re: Thread: Main

December 30, 2013, 08:48:40 PM

#10999

Quote from: ZeroTheGreat on December 30, 2013, 08:48:02 PM

Quote from: BitCoiner2012 on December 30, 2013, 08:45:50 PM

So when it claims I can generate the next block in 55 days, does that imply that's how long my coins need to sit to be Stake? What's my benefit to forge in the meantime? None?

Now ROI% of forging lies near 0. If activity'll grow, situation can change. At any moment u'мy chance to hit the target. "55 days" estimated time. May be u'll never generate a block, may be u'll generate next 10k blocks in a row.

Thanks to both of you.

BTC Long.

ZeroTheGreat

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Thread: Main

December 30, 2013, 08:52:16 PM

#11000

Quote from: Come-from-Beyond on December 30, 2013, 08:46:25 PM

Nxt gives unlimited possibilities.

Mind gives unlimited possibilities. And when I use any tool (my hands, my brain or Nxt) I wanna know what I'd expect from it. Is there benefits of VS against threat to decentralization? Or most of imaginable decisions gonna push us to some future center?

Anyone?

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