Is this ongoing?
I suggest to put a document onlin for all to work on.
Who will take action here please? (utopian, Anon, Alias?)
Pin
This is trivial to do on the wiki. I can set up a Whitepaper namespace and create Whitepaper:Nxt. Then anyone who wants to contribute can pitch in, and the wiki will track everyone's contribution down to the last byte. The bounty can then be divided fairly among the contributors.