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Messages - NXT ENTERPRISE

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1
Nxt Helpdesk / Re: Ardor total supply related question
« on: December 18, 2016, 06:28:33 pm »
Talking about Adel, here is the first whitepaper of the series:
The ico is in 3 months, during this time they will release all information.

are more projects in the pipeline.
I want to see many startups joining Nxt technology ;D ;)

Goog luck

The white paper is mostly about the ICO and how to give money..

Here are the projects of Adel. I cannot see anything new with these projects??

Cannot Nxt do this already? Have a forum show prospective projects, offer a way to invest, have an exchange.. voting system.. Distribute dividends..

I just do not get what is new here... But i never understood the DAO either..

It just seems like invest and have your decisions done by a group committee rather than mico-managing your own money..
------------------------------------------------------

Project Review Committee - evaluate and approve projects, as well as participate on forums to discuss these projects with the community.

Forum Module - the social media platform using services such as RocketChat, where community members can discuss projects

Voting Module - will be created for community members to vote on projects and other key decisions.

Transaction Module - This module will be used to pay project capital costs and other required expenses.

Project Module - will contain detailed information on the operations of each project will redistribute success back to community members.

Trading Module The initial deployment will allow community members to easily trade their Adelphoi with other community members.

2
Nxt Helpdesk / Re: Ardor total supply related question
« on: December 18, 2016, 01:43:00 pm »
Thanks for the update.

It would be good to have a thread with these new projects with a simple explanation of what they bring to the table or will be useful for.

The only time i have seen Janus or Adel i see the ICO the sales pitch and i still have no idea of what they do?

Maybe an explanation of their goals and there benefits and examples of where they may be best used.

3
Nxt Helpdesk / Re: Ardor total supply related question
« on: December 18, 2016, 11:22:18 am »
It isn't about Ardor, the forging token main chain.

It is about Ignis, the first child chain. 50% of distribution of Ignis will go to fund development and marketing. At the current price it is far from huge, Ardor+Ignis marketcap is 9.6$ million as of today, suppose half of the value is Ignis, that is 4.8$ million, then 2.4$ million is the development and marketing fund to last them some years. Lisk, Waves got 5x-7x more than that in ICO as just a couple of examples, and they got them in more liquid Bitcoin. So 2.4$ million value is likely a very bold assumption, because it isn't as liquid.

And actually the Ignis is not based on Ardor price but Nxt.

If you hold 2 nxt you get 1 Ignis.

So 500 million Ignis get handed out to nxt holders and the Dev keeps 500 million.

So the devs have their chance to dump into the Nxt price / Ignis price. So expect another 50% drop on nxt..

Or they need to ICO out the Ignis coin chain before the release but they cannot becasue the price is already set as the Nxt coin price /2

Maybe no ICO just a snap shot ( i hope done over time and not a one day shot )

They could release the Ignis coin to the Nxt holders and the exchanges with a plan to sell 2.5% of dev coins per month so we know the dump and inflation rate.

With all the new coins with massive profiles and teams of 20 - 30 devs and marketers and admins etc it is not easy for Ardor or Nxt to make a come back.

Ardor and Nxt cannot get any excitement out of the holders.. just see this forum is basically dead.

We need to market this as an interactive place for holders investors and Devs to be involved.

The only thing built on blockchains so far is just more speculation vehicles.

Perhaps they need to go back to release their MOG that was in the works.

This is one mans view on the expected future of Nxt...

https://www.youtube.com/watch?v=jFZ1oGDDQQ8

Did not end well....

We need some exciting dev news and some community plan to target a certain industry...

Lets brainstorm the industry put together a plan.. Get people around the world to take the plan to these industries.

Then use every success to further promote success to this chosen first industry...

Hit one industry hard using the community World Wide... then do it again.


4
Assets Board / Re: GROWTH
« on: December 09, 2016, 10:04:09 am »
or run with the money...

Poloniex offers the same service.


5
Nxt General Discussion / Automatic coin tumbling when forging
« on: December 03, 2016, 03:39:24 pm »
Is there any reason that we do not have automatic coin tumbling as soon as someone sets up their forging.

It would encourage both forging and anonymity in coins.


6
Nxt General Discussion / Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« on: December 03, 2016, 07:26:45 am »
How is it impossible? Anyone with over x amount of coins would see no extra % of forging power gained and anyone with more then 1 account per ip would get only the highest account amount towards forging. I see people asking for more nodes more forging power better network security ect ect ect. Yet a mojority of the rich offer no assistance while gobbling up the forging bounty that is meant to attract more people. The little man wants no part of making the fat man richer.
If you look at the accounts with 2 million NXT or more, there are about 70 of them holding total of 650 million NXT. That leaves 350 million spread between the smaller players. If we cap the whales forging power at 2M per account, that gives a total forging power of 350 + 70 * 2 = 490 million NXT. If you own 500K, you have roughly 0.1% of the forging power and can expect to forge 1.44 blocks a day.

So even with this proposal, and even assuming whales don't split their accounts, you aren't going to get rich by forging. You aren't just competing with a few whales, you are competing with the little guys, and that's hard because there are so many of them.

See the earned forging fees as a bonus to pay for transaction fees people make using the Nxt platform. So basically people can use Nxt for 'free'.


What do you mean 'use nxt' i have yet to find any personal use for it.

Security seems to be ok with Nxt.

But inability for people to earn Nxt - but i guess a lot of systems are coming up with delegated nodes.

So really Nxt is the same it just wants a few forging nodes of the top nxt holders.

I wonder if they have fully dumped yet or lows are still ahead of us?

7
Nxt General Discussion / Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« on: December 02, 2016, 04:47:23 pm »
In the long run if that account just sits and does what it is doing it will end up owning all the Nxt coins.
Maybe you could calculate how much time it will take with 50M NXT stake? Just curious how long is this "long run".

I do not think the big players will do that amount of work they will just be happy getting their regular 30%
And I'm quite sure it will be opposite. Big players who care about their stake will bother to dust their account in order to maximize profits and "little man" will be punished with 20% penalty (since they do not care about comparably tiny gain and have no access to scripts for profit maximizing).

Well good luck with the 50 million guy remembering his 50 million passwords.

Long run is the day he has them all.

I do not forge and will not in the current plan.

All smaller players eg under 2 million nxt complain.

All big players can just hold and forge and then dump.

So the status can stay as it is...

I would prefer it did not

8
Nxt General Discussion / Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« on: December 02, 2016, 12:28:48 pm »
70% forging coins should go to the bottom 50% of coin holders.

it would also be super cool if POS had inbuilt a bonus if your account generates a lot of fees.

SO not only your account has a balance but your account generates turn over of fees.

---------------------

At present i see an account of 50 million that sits there and generates no fees as the account is not active in the community it just forges and gets the vast majority of forging fees.

In the long run if that account just sits and does what it is doing it will end up owning all the Nxt coins.





9
Nxt General Discussion / Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« on: December 02, 2016, 10:07:23 am »
70% forging coins should go to the bottom 50% of coin holders.
But it's not technically possible.

Well thats insane.

It is simple math and percentages?
How do you define bottom 50% of the coin holders?

One version -

define the top coin holder 50 million Nxt

define the bottom coin holder 0 Nxt

70% of forging goes to holders under 25 million holding

If the top coin holder breaks his account into two

the top coin holder maybe is now 25 million nxt

the bottom coin holder is still 0 nxt

so now 70% of forging goes to those holding under 12.5 million nxt

but perhaps you are right that computers are not capable of this yet?
I did not see your definition of the bottom 50% of coin holders. Let's suppose I own 50 million NXT and divide them into 50 million accounts with 1 NXT each. Am I in the bottom 50%? Should I get forging power x 1.7 now?

yes exactly you should

Becasue as it is now who really can be bothered forging unless you lease to a pool who earns nothing and so all surrender.

So again - yes exactly you should if you can be bothered going through that effort.

I do not think the big players will do that amount of work they will just be happy getting their regular 30%


10
Nxt General Discussion / Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« on: December 02, 2016, 08:33:02 am »
70% forging coins should go to the bottom 50% of coin holders.
But it's not technically possible.

Well thats insane.

It is simple math and percentages?
How do you define bottom 50% of the coin holders?

One version -

define the top coin holder 50 million Nxt

define the bottom coin holder 0 Nxt

70% of forging goes to holders under 25 million holding

If the top coin holder breaks his account into two

the top coin holder maybe is now 25 million nxt

the bottom coin holder is still 0 nxt

so now 70% of forging goes to those holding under 12.5 million nxt

but perhaps you are right that computers are not capable of this yet?

11
Nxt General Discussion / Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« on: December 02, 2016, 08:31:04 am »
70% forging coins should go to the bottom 50% of coin holders.
But it's not technically possible.

Well thats insane.

It is simple math and percentages?
How do you define bottom 50% of the coin holders?

One version -

define the top coin holder 50 million Nxt

define the bottom coin holder 0 Nxt

70% of forging goes to holders under 25 million holding

12
Nxt General Discussion / Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« on: December 02, 2016, 04:07:23 am »
70% forging coins should go to the bottom 50% of coin holders.
But it's not technically possible.

Well thats insane.

It is simple math and percentages?

13
Nxt General Discussion / Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« on: December 02, 2016, 01:39:52 am »
70% forging coins should go to the bottom 50% of coin holders.

14
Nxt General Discussion / Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« on: December 01, 2016, 04:55:46 pm »
70% forging coins should go to the bottom 50% of coin holders.

Argument is the rich will just spread their coins among many accounts.

But so what that is good as more nodes.

It is possible to run many forging accounts on one node.

So is that a flaw or feature or insider setup?

Regardless forging at present does not work...

Only people under 1 million Nxt will mention this and they get shut down FAST by the large holders still accumulating and dumping.


15
Nxt General Discussion / Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« on: December 01, 2016, 11:01:21 am »
I have said it time and time again this should have been setup for the little guy not the rich.
What do you propose exactly? You know, it should be setup for a little guy but it is technically impossible to distinguish between one rich guy and many little guys.


70% forging coins should go to the bottom 50% of coin holders.

Argument is the rich will just spread their coins among many accounts.

But so what that is good as more nodes.

16
Nxt General Discussion / Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« on: December 01, 2016, 04:13:19 am »
Well I have been forging like a champ for what I have. I have forged 29 block in the past 16 days and not one has been a forging bounty. I have received forging bounty in the past yes, but over 2 weeks and 29 blocks with only 3 block having 1 coin each in them makes me wonder if it is even worth trying to forge. Now I have over 400k nxt I wonder how the little guy feels. I have said it time and time again this should have been setup for the little guy not the rich.

At one point i had 500,000 nxt to forge with and it was a complete waste of time.

if you have 50 million you get forging to be worth it.

70% forging coins should go to the bottom 50% of coin holders.


Argument is the rich will just spread their coins among many accounts.

But so what that is good as more nodes.


17
Nxt General Discussion / Re: Price speculation
« on: November 30, 2016, 10:21:16 am »
Getting back to price speculation, why is the price of NXT + Ardor only around 2000 satoshi? This seems pretty disappointing?

The market is telling us that having one dev is a centralized system not a distributed one.

Also Nxt is set up that the top coin holder just holds and forges and he ends up with all the Nxt.


18
Nxt General Discussion / Re: Price speculation
« on: October 29, 2016, 01:56:12 am »
The price is a clear disaster.

The forum is near dead and it seems just a place people advertise their other ICO products.

Is there a clear reason why?
This is part of the opportunity cost of Nxt 2.0. The devs are spending all their time on that, hence Nxt has no new features, hence nothing to talk about here. I'm not on Slack, but I get the impression that is also helping to kill this forum.

Given that we won't see any running code for Ardor for many, many months, I would not expect the price to be high. At the moment we are running entirely on trust that the devs are, in fact, working, and Nxt 2.0 isn't just a cynical exit strategy for the inner circle. The wider cryptographic community isn't big on trust. I wouldn't expect much change until the Ardor testnet launches.

If you do believe the devs are working, then this is an opportunity to make money out of the wider community's lack of faith.

So the reality is that no more features will come into Nxt and for the next two years it will be held functional fixed but not developed?

All the work that we will not see will happen sometime after June 2017.

For such a great platform all it is missing is confidence.

SO many new coins and platforms with great ideas.

I would hope new features get added to Nxt and it is upgraded all the way up to the Ardor release.

Nxt and Ardor are intimately connected up to Ignis release and all that tech should be in Nxt and from the birth of Ignis then Nxt is left behind.

It feels like it got dumped already by the community, Devs and public.

If the devs are working they should do as JL77 is doing constant updates with every minutiae of tech development.

How can there be any excitement in Nxt if there is no news.

Even a wallet upgrade to incorporate a news ticker or asset graphs a visual boost.

Clone FIM instant message service inside Nxt and get community involvement.




19
Nxt General Discussion / Re: Price speculation
« on: October 28, 2016, 12:16:57 pm »
We will see if Ardor goes under the price of Nxt.

The price is a clear disaster.

The forum is near dead and it seems just a place people advertise their other ICO products.

Is there a clear reason why?

Lack of public perception, Nxt is mentioned less than nearly all others in crypto coin discussion.

20
Nxt Helpdesk / Re: Sending ARDR
« on: October 24, 2016, 01:49:40 am »
I tried ignoring it and sending anyway but it won't process the transaction!
I'm in the NXT clent
Hello again

Ok, all that worked up to the point where the transfer cannot be actioned without the public key of the receiving wallet, which in Poloniex doesn't exist.

This is beginning to get frustrating and I think the devs might need to reconsider their modus for NXT it is so complicated that it could be part of the reason why NXT value has fallen off a cliff. It is not a user friendly system so I'm guessing user retention is an issue.

Sorry to rant. Any idea how to circumvent the public key issue?

Providing the public key is optional, you can leave that field blank.
No I can't, the transaction won't proceed


Perhaps sending NXT the public key is optional.

Maybe it is mandatory when sending transferring an asset?


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