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Author Topic: Purpose of Nxt  (Read 4397 times)

Come-from-Beyond

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Purpose of Nxt
« on: June 03, 2014, 10:34:41 am »

I think it's a good idea to explain why Nxt was created, it could make it more clear why Nxt has some properties. If this should be included into the whitepaper or not - another question.

Nxt is a by-product and its main purpose is to prepare the ground for the main project of BCNext. Bitcoin and its clones seem to stop progressing, Nxt is supposed to fix this issue. Nxt is more a platform than just a currency and this is not coz its technical implementation allows to easily add new features. "Platform" should be read as "stepping stone" to qualitative changes in the global society.

So, to make it clear, BCNext's goal was to create something intermediate, a bridge to the next stage of human society progress. For the others Nxt may, of coz, have another purpose...
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Come-from-Beyond

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Re: Purpose of Nxt
« Reply #1 on: June 03, 2014, 10:51:23 am »

I have just recalled about speculations about what "BCNext" stands for. For example, Salsa guessed that "BC" stands for "Beyond Cryptocurrency". While the real identity of BCNext will never be revealed I think it won't harm him if I reveal that "BCNext" is derived from

Bitcoin -- Next -- ...
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Daedelus

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Re: Purpose of Nxt
« Reply #2 on: June 03, 2014, 11:51:20 am »

I have an itch I have wanted to scratch...

Is "..." another platform/crypto innovation or is it the society BCNext wanted that has been built on Nxt?

Or another way, will Nxt still be relevant when "..." comes along?
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farl4bit

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Re: Purpose of Nxt
« Reply #3 on: June 03, 2014, 11:52:08 am »

Very interesting, it sounds really idealistic and people need to be prepared for that. That's why Nxt is here, to get people enthusiastic about decentralized platforms and prove that they can work, also for the Joe averages from our planet.

I believe Nxt will be here for a few years, same as Bitcoin and then there might be a new big thing, that's how it works in innovation. 

BCNext told you "Bitcoin -- Next -- …" then he must have gave you a hint or a riddle about the …? Or a rss-feed we can follow.  ;)
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Come-from-Beyond

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Re: Purpose of Nxt
« Reply #4 on: June 03, 2014, 11:54:19 am »

I have an itch I have wanted to scratch...

Is "..." another platform/crypto innovation or is it the society BCNext wanted that has been built on Nxt?

Or another way, will Nxt still be relevant when "..." comes along?

Can't say anything about "..." but I think that it won't be very different from Nxt and will allow a smooth transition like we had smooth transition from Bitcoin to Nxt (by sending bitcoins to the transfer account).
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Come-from-Beyond

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Re: Purpose of Nxt
« Reply #5 on: June 03, 2014, 11:56:16 am »

BCNext told you "Bitcoin -- Next -- …" then he must have gave you a hint or a riddle about the …? Or a rss-feed we can follow.  ;)

The only hint I have is that "..." will exploit http://en.wikipedia.org/wiki/Six_degrees_of_separation.
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Daedelus

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Re: Purpose of Nxt
« Reply #6 on: June 03, 2014, 11:59:21 am »

I have an itch I have wanted to scratch...

Is "..." another platform/crypto innovation or is it the society BCNext wanted that has been built on Nxt?

Or another way, will Nxt still be relevant when "..." comes along?

Can't say anything about "..." but I think that it won't be very different from Nxt and will allow a smooth transition like we had smooth transition from Bitcoin to Nxt (by sending bitcoins to the transfer account).

Ok.

The only problem is I might not recognise it when I see it  :D :D :D
« Last Edit: June 03, 2014, 12:04:03 pm by Daedelus »
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Come-from-Beyond

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Re: Purpose of Nxt
« Reply #7 on: June 03, 2014, 12:04:33 pm »

The only problem is I might not recognise it when I see it  :D :D :D

I think Nxt -> ... will take the same period of time as Bitcoin -> Nxt, so u can relax for the next 4 years.
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Daedelus

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Re: Purpose of Nxt
« Reply #8 on: June 03, 2014, 12:15:35 pm »

Ok, I've got 4 years to get a college level understanding of crypto then  :D

On topic, this jumped out...

"...locking networks of computer mediated lateral communication could diffuse single messages [blocks] to all interested users[peers] worldwide as per the 6 degrees of separation principle via Information Routing Groups, which are networks specifically designed to exploit this principle and lateral diffusion."

So in future, peers/nodes will only have to broadcast only to 6 others (rather than everyone at present, I believe) using Information Routing Groups magic we call "..."?

(We also get huge confirmation speed increase and a Raspi can handle all the transactions as network traffic is so low. It might be obvious I don't really grok this so I will be quiet now, this isn't the pub thread  ;D)
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farl4bit

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Re: Purpose of Nxt
« Reply #9 on: June 03, 2014, 12:28:46 pm »

BCNext told you "Bitcoin -- Next -- …" then he must have gave you a hint or a riddle about the …? Or a rss-feed we can follow.  ;)

The only hint I have is that "..." will exploit http://en.wikipedia.org/wiki/Six_degrees_of_separation.
Normally I am not bothering about BCNext or Satoshi, but you are fueling my interest, mate. 

Even Satoshi is mentioned in the article. http://en.wikipedia.org/wiki/Six_degrees_of_separation#Find_Satoshi ..interesting bridge.  ::)

So BCNext created Next (2) and wants to create … (3) He should be Satoshi (1) too. BitCoin > NEXT > ...
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chanc3r

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Re: Purpose of Nxt
« Reply #10 on: June 21, 2014, 09:26:59 pm »

BCnext and the unfathomable reasons for his/her disappearance continue to defy logic and are more for the gossip of the forums rather than the rigour of a whitepaper...

Perhaps it can be more relevant if we are able to articulate what elements of NXT make it the "intermediate" and the "stepping stone" and this needs to be in the context of the "final goal" being clear other wise this is removing clarity from any whitepaper not adding to it.

Is this known? if not maybe we are best to 'drop it'
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