It seems to me that the best solution to this chicken and egg problem is to gradually decrease the forging fee overtime based on the number of overall transactions in the network. kind of a sliding scale that will automatically kick in when the network averages an X number of transactions over a Y period. if transactions go down the number will increase back to the previous scale and so on and so forth. This way, when the network is large and not dependent on such fluctuations but on other economical and ideological incentives, fees will be low. If traffic and network participants slow down incentives will increase back until an equilibrium is reached. A gradual mechanism towards the ideal goal is better then radical shifts in the model.    

thanks for the announcement - will be en garde. Will need testNXT because FreeRider is becoming usable!

Using Nxt to give gold in BBS replacing member point system

in reddit, anyones can donate btc to authors if they think the authors’ opinion is very impressive.
In the same way, china has many bbs using member points. Vip members get many points, but thes points are no use. So if these points convert nxts, vip member would be very glad help other members. There are a huge members in IT.
there are three parters: website(using member point system) ,nrs in personal computer or mobile, online wallet.
scenario:
1.   in website ,a member want to give gold to a author, click the author, show a send nxt screen, input the nxt number, like 100
2.   confirm.
a)   the website send a message to online-wallet or VPS,not using nxt chains(if sender don’t register in the online wallet, online-wallet just ignores it)
b)   the website throught the nxt chains ,send message to the sender(if sending message is too expensive ,the website may not use nxt). but now the fee is too high to implement this.
3.   send money
a)   sign in the online wallet, see the transaction, then confirm it,then money send to receiver.
b)   or open nrs on pc(iphone,andriod), see a new message containng payment information,click it ,show send money confirm , ,send meoney to the receiver.

using NXT,we can give gold in twitter,blog,weibo.cn

if only we give fees rights the same network could go automatic grouping the nodes that want to get to forge for example a size of 100000 nxt

this would lead to forge every 2 to 3 days that is a reasonable value

THIS is why I pushed for there to be a separate infrastructure fund committee, to figure this stuff out ahead of time and prepare for it.

that is to say


my proposal is to just give in to the pools forging fees rights. Not forging power. Not funds

forging power and funds stay in bob account

forging fees rights stay in pool if bob wants.

if bob forge and forging fees rights are in the pool bob must split forging fees with other people in the pool proportionally with amount of funds in this moment.

the pools are created automatically by the network grouping the accounts. for example a size of 100000 nxt this would lead to forge every 2 to 3 days that is a reasonable value


I think for that direction is the right solution.

The number of pools and the size of them I reach an optimum value beyond which no interest be bigger.

with this solution the network will always be extremely decentralized and every body have the same opportunities to forge.

you just have to adjust the transaction fee for the annual return to forge all year continuously is equivalent to the cost of maintaining the node. if for example it is estimated that with 10000 nodes is enough then we must assess how much maintaining 10000 nodes for a year and evaluate the number of transactions in the year and adjust the fees.

Does she have to know anything about Nxt?

This isn't a problem, as long as she only have to dress flirty.

Contact me

It is up to the community as a whole to think about this potential threat (as that is all it is btw) and decide whether we are wanting to make technical changes or to simply work out practical ways to protect our network.

To paraphrase something that CfB said to me: "BCNext gave us a knife - it's up to us not to accidentally cut ourselves".

Dear community, please discuss the following charity idea:

http://nxtproject.org


We could reach many early adopters of Nxt (we all are right now) with this project, since there is some economic thinking behind it. But maybe, there is an error in reasoning. Some overlooked problems. Or you really like the idea.

Please express your opinions on this before we put this project to market or just delete and forget about it.