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Bounty Proposition - Transaction making apps or services.  
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Author Topic: Bounty Proposition - Transaction making apps or services.  (Read 1566 times)

Sebastien256

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Bounty Proposition - Transaction making apps or services.
« on: May 25, 2015, 01:35:56 pm »

Hi Nxters,

After more than a year lurking this forum and the cryptoscene, I think Nxt would greatly benefits from a bounty of the following type. 

Overall, I think it would be nice if the committee would put a bounties on transaction making apps or services.
Something like this:
First app or service build on top of Nxt that sustain for two months, let say for example an average of 10 transactions per minute, get 100000 NXT.
First app or service build on top of Nxt that sustain for two months, let say for example an average of 100 transactions per minute, get 200000 NXT.
First app or service build on top of Nxt that sustain for two months, let say for example an average of 200 transactions per minute, get 400000 NXT.

A specific app or service could only claim one of the bounty, not all of them. So those bounty would lead to three apps transaction making on top of Nxt. The app or service would also have the burden of the proof that it produce the transactions related to the bounty claim.

Competition for getting the bounty would be interesting, because, once that level of transaction would be reach after months of substain transactions, the bounties would worth a monstruous amount in fiat! I think that would motivate blockchain apps scene, especially since Nxt is so user friendly concerning it API.

All you have to do is to market the bounty, then the killer app would surely appear.

Any idea on this subject is welcome and please be free to post below :).

Sorry if this is not post at the right place.
« Last Edit: May 25, 2015, 02:26:33 pm by Sebastien256 »
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gs02xzz

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Re: Bounty Proposition - Transaction making apps or services.
« Reply #1 on: May 25, 2015, 01:58:21 pm »

+1440.
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Bitfinex_USD

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Re: Bounty Proposition - Transaction making apps or services.
« Reply #2 on: May 25, 2015, 03:51:35 pm »

As only 120 TX can be included per block and each block is taking about 1.5-2minutes on average, the third bounty can't be ever claimed without a hardfork.
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Sebastien256

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Re: Bounty Proposition - Transaction making apps or services.
« Reply #3 on: May 25, 2015, 04:24:49 pm »

As only 120 TX can be included per block and each block is taking about 1.5-2minutes on average, the third bounty can't be ever claimed without a hardfork.

I know. It was only an example and not keen to details. It is not for me to decide the details of the bounty. But thank for pointing this out.
It is the overall idea that I would like to see become real.
« Last Edit: May 25, 2015, 04:29:44 pm by Sebastien256 »
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