I am currently planning for the NXTcoins platform Asset to have about a 10% stake in mining output. Unlike all other presale, premine,etc., it will start with 0 coins. However, as the miners are mining the coins, the platform company will get its share. These funds will be used to pay for whatever servers the platform requires, but most importantly marketing costs.

As far as the duration of mining
1 billion issued
100,000 minedper day
10800 days = 30 years

Maybe it should be 250,000 coins per day? I really dont like the exponentially decaying output that almost all the coins have. It shouldnt be constant, but close to it. Actually, why cant it be constant. That would make it easy to code
The early adopters get a big advantage as when the first dividend comes in, they will be the ones with the biggest percentage of the coin. I am still not decided on the coin mining rate, but since the number of coins is totally independent from network security, it can be any method at all. I could build in a lottery system. Miners could get extra on their birthdays, etc.

As the network gets bigger, its value increases and as long as the marketing arm of the coin is doing its job, it will be able to bring in more revenues. Which boosts the coin value, which increases the number of miners, which increases its value.

Nice little positive feedback loop going on. I will probably only do a few coins to show an example of how it can be done and assuming the business coin does well, it will be very easy for new coins to be created to plug into the NXTcoins layer. By providing marketing and technical support for the NXTcoins, it allows someone that is totally technical to concentrate on what makes their coin unique and not have to get bogged down in the day to day details of marketing and customer support.

This also means that the NXTcoins platform company will need to hire non-programmers to help with the customer support and other non-technical tasks. The 10% of the NXTcoins and the dividends in NXT those NXTcoins get should provide enough budget to pay for whatever staff is needed. As the enterprise grows, more funds come in to pay for the costs.

James

P.S. I am looking for people to help me with my business coin. I think I can do most all the tech myself as all the hard work is already done with NXT. I just dont have the skills to do a decent website, nor the time to market this.

You are right. If you are trading on the asset exchange you are securing the NXT network because you have to pay fees in NXT and you have to run the client. Really the only issue people have is that there are people who own more stake and therefore have an advantage on generating blocks. But really the difference is the same.... It is an advantage to have server power an specified  knowledge in computers to mine coins. What is the difference between having an advantage in block generation between having a lot of stake or expensive mining equipment?
The difference is common people are more capable of acquiring stake than buying, operating and maintaining the equipment it takes to mine. If you base a coins mode of generation on the complaints of people who are complaining that POS is not fair because they don't have a lot of stake you are short sighted to the fact that there are a lot more people out there who don't have mining equipment and wouldn't know how to use it if they had it.
uneven distribution makes POS seem not fair to miners; they say POS coins like NXT are centralized by stake holders; The reality is that anyone can buy NXT and forge coins, only a few can mine POW coins. In the long term POS will be better because there is a broader base of people who can participate and the more people who participate the more fair the forging will be. Don't cave to a bunch of whining miners, they are just trying to turn things to their own advantage.

Could someone please send me test nxt?

12790521293207104739

Thanks

Hate to be definitive, but this is the answer.
Leave forging as it is, reward running a node and contributing.
Get the mining community on board, give them a small, guaranteed income from NxtNodeCoin (or whatever) in exchange for running NRS nodes.
NXT stakeholders will still continue to forge, either solo or in pools, particularly when TX revenues start to ramp up,  but this will also encourage people who never even thought of using NXT to get on board.

BITTREX update:  Ive been exchanging emails with Richie over the past few weeks, answering his questions, etc; his last email indicated they are about to move into dev testing.

So start.....what can u do?
(Edit time: I've just been informed that mthcl has translated a shitload of Wiki pages for NXT, and was being a bit ironic in the above post. I missed any irony involved by a country mile... )




So: to anyone and everyone sitting on the sidelines: GET INVOLVED !

Every small contribution helps.
If u want to actively help NXT:  get off yr ass, look around, find somewhere u can help and dive on in.
Don't hang back because u might not want to look foolish or make a mistake.
No one here is perfect, (except me, of course), just do your best.

I second that, otherwise I might have to put myself up as candidate for infrastructure committee.
(I'm not joking, can't let RJ be supreme lord of infrastructure all by his ownsome)

Surely, no one sitting on the sidelines can resist such an invitation. One humble question: does translating around 500 wiki entries count as an involvement?

My remark about "anything useful" meant that I'm really interesting in constructing a reasonable math model to estimate probabilities of a successful attack on the network, but didn't yet advance too much on this.

with nrs 0.8.1e nxt client do not conect in https://127.0.0.1:7875/
can someone explain why?

SSL isnt enabled by default. see JLP's release notes and the nxt-default.properties file for more info