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Messages - wolffang

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Nxt General Discussion / Re: Price speculation
« on: February 12, 2016, 07:35:32 am »
Haha yeah!, the guy also said a colleague of him is one of the 8 blockchain experts in the world....
Yeah right... expert of Centralised Ripple shit i guess, so "same old" banking system but than slower TPS.

Although i never think that the banking Mobster (aka Goldman Sachs etc.) will want to make this decentralised future happen.
So please let the negative Economy news continue (6)

And they are really interested in Smart Contracts...

Nxt General Discussion / Re: Price speculation
« on: February 12, 2016, 07:08:11 am »
Yesterday i was at a Bank for work and they were looking into the damn centralised Ripple shit and now started focussing also on Ethereum....

So i asked what about Nxt, but it is not on their radar to look into.
Yeah well banks.... ;)

Nxt General Discussion / Re: Nxt vs. Ethereum - differences in architecture
« on: February 10, 2016, 11:37:36 am »
ETH released Parity

Don't think it will be faster than NXT client though..

Core Development Discussion / Re: Nxt 2.0 design
« on: February 09, 2016, 05:42:30 pm »
If storage is the problem, why not change the forgingpower example to archiving. So you get chains that get the old block histories stored

Core Development Discussion / Re: Nxt 2.0 design
« on: February 09, 2016, 05:13:04 pm »
I like the concept of sub-chains (do they have to be "child" chains?) but my initial thought is that a split between tokens to secure the main chain and tokens for the proposed Nxt sub-chain is a risky idea.  The economics of the whole system would change pretty drastically, but I do agree it is ultimately better to decouple the price of the forging token from assets/items/etc in the Nxt economy.  The forging NXT would need to have strong incentives for holding and a liquid market, but I'm concerned the free-market result would end up looking like NSC.

Thanks for your reply!
This is a bit the idea ( i have made an image but cannot find the upload option...):

                                                                      Current NXT Chain
                                                                   Forging and all Features


       Extra Forge Power                                      Exchange Alt to NXT                                                      Lease NXT Chain
             If Needed                                                                                                                          Functionality + Security + Speed

         *****************                                        ***********************                                             ******************************
                  FPC 1                                                            ALTCoin Chain 1                                                                Business Chain 1
         *****************                                        ***********************                                             ******************************

         *****************                                        ***********************                                             ******************************
                  FPC 2                                                            ALTCoin Chain 2                                                                Business Chain 2
         *****************                                        ***********************                                             ******************************

  Forging Power Chain (FPC)


Core Development Discussion / Re: Nxt 2.0 design
« on: February 09, 2016, 04:32:11 pm »
We have been brainstorming the Nxt 2.0 design for some time now, and here is our current proposal. This is a high level summary, and many details are not yet known, more specific design decisions will be made as the development moves along. What we propose is a significant architectural change, not just a bundle of features. And it will take us some time to get there.

- A new main chain will be created, on which NXT becomes a token used for forging only, "forgingNXT". The current NXT ecosystem will become a child chain, preserving all features and holdings except the ability to forge. At the hard fork block, each NXT owner will have his NXT converted to both tokens in 1:1 ratio, and all other holdings migrated to the NXT child chain.

- It will always be possible to exchange NXT to fNXT, so small stakeholders not interested in forging may decide to sell their fNXT to large stakeholders running forging nodes. This would lead to some centralization, but also to a higher percentage of the (f)NXT stakeholders forging and thus securing the complete Nxt ecosystem.
- Child chains will all run the same code, but each one can be configured to have only a subset of the all possible features if needed. The NXT child chain will have all possible transaction types enabled.

- Each child chain will have its own native token/currency, in which payment transactions are denominated, asset ask/bid orders are placed, digital goods are priced, etc. Child chain transaction fees will also be in the native token.

I am quite new to the blockchain tech, so sorry if my question is stupid.

Why do you need a main motherchain for only forging?
Isn't it possible to create multiple "child" chains that can be multiplied when there is more forging power needed and decreased when less is necessary?
A bit like VM idea, you need more processing power... ok lets get more CPU, we need less, lower it.

Than you can keep the Main chain as it is right now for Nxt and have multiple "child" chain types. 1 type for only forging (that can be increased or decreased depending on needs) 1 type for other coins and for example 1 type for business that need a seperate "lease" of NXT blockchain capabilities.

Core Development Discussion / Re: Nxt 2.0 design
« on: February 09, 2016, 04:21:07 pm »
- MILK (motherchain token)

MILK - fNXT 1-0

What about FoMoN: Forging Mother of Nxt  ???

Old Nxt Promotion Topics / Re: Videos
« on: February 09, 2016, 04:06:14 pm »
What about a video of NXT history till now and roadmap from now to future (events, NXT 2.0 development etc.), that ppl new to blockchain will understand.

Or a video with pieces of Greek economy that fell, other countries that were/are in trouble by the Banks.....
Do you remember the times......But now there is NXT.... This will solve all of your financial dependency (banks that control it) problems... How?....

Nxt General Discussion / Re: Price speculation
« on: February 09, 2016, 03:56:38 pm »
What about the Marketing plan of NXT besides the 2 events in March and the coming website?

Any roadmap for that or is is not available to public?

Like i said in another discussion, we have to watch out that the headstart of NXT tech won't vaporize, because for example Ethereum's market value rises skyhigh.
More attention, more developers, more support for ETH will end up in a win against NXT.
The headstart with the NXT 2.0 ideas and implementation won't be a headstart anymore if that happens.

Core Development Discussion / Re: Nxt 2.0 design
« on: February 09, 2016, 03:35:08 pm »

NXT simply cannot compete and it will be left to die a slow death once people realize it's worthless.

My God! How pessimistic!
I think that it's worth a lot. It's just that most of the people trading cryptos are speculators and probably even don't know what is behind all those acronyms in the exchanges, and the price comes from there, and that's not so exciting at the moment for NXT.
But in terms of features I think NXT is just great!

I am also a fan of NXT!
I have followed the Poloniex exchange alot and there are too many trolls yelling to buy crappy crypto. I think ETH is overhyped.
When you talk about NXT they all say you can't earn money with it, cause highly technical and no marketing and sexy looks, doesn't sell.

But the point with NXT is that there is no super marketing team behind them, like for example Ethereum has.
There are some events planned in March for NXT, but i don't think that it will help in the speed that is necessary.
We have to watch out that Ethereum won't get so popular that they get so much money and support and will be able to develop faster than the NXT team is able too. The head start will than slowly vaporize.

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