Post
Topic
Board Announcements (Altcoins)
Re: NXT discussion: allocate funds for following projects from unclaimed coins
by
Passion_ltc
on 14/02/2014, 06:38:23 UTC
Yes, we should add more to the list if needs be.  I think we should give QBTC 100k now for Nxtcrytp site and to keep everything up and running.  Passion when Nxtvote is fully operational.  l8orre when the asset exchange is released (should be soon).
What features do you want for NXTvote? It is already fully operational. Smiley

Is it possible to make free voting? Even it Soviet Union it was free to vote Smiley

even if we ignore the spam problem, free voting is its self less desirable than voting which entails a cost. the cost insures that people are not voting arbitrarily. it insures that they actually care about what they are voting about and so have probably done atleast SOME amount of cursory research on the topic before taking a position so strong that they are willing to pay to voice it.
If someone would like to spam the network he could use the max sized AM for ex.
I am okay with paying the fee for the voting creation (to prevent the spam), but paying for the participation in voting? I already do pay the transaction fee for the voting, why should i pay even more? Oh and the Passion_ltc could vote for free at any stake size since he will get his money back anyway.
If you are interested in raising the costs of the voting - then you could do the favor for the forgers and you could calculate voting power based on transaction fee.


Ok so its difficult to make any claims about what the ideal amount is that voters should be charged in order to get the best outcomes. I have no idea what the right amount is. Maybe the 1 nxt tx fee is perfect, maybe its more than it ought to be, maybe its less than it ought to be.  Inorder to find out that would require some sort of market discovery process which would be difficult if not imposable in this context. The point is just that when voting entails no cost people tend to vote based on aesthetic considerations. When voting entails a cost than they tend to be less likely to vote based on aesthetic considerations and more likely to vote based on conviction. Of course there is no guarantee that they will be right just because they have conviction. But there is a strong correlation between conviction and having done atleast SOME amount of research on the topic.

This lecture deals with some of these topics and is very well worth an hour of anyone life who isnt already familiar with these arguments. It very well may be one of the most important videos you ever watch http://www.youtube.com/watch?v=JVCSfaWF2bA
+1

It is possible to make it free to vote. But then A) everything gets more complicated and B) more spam.

It would be nice to have more options when voting.  Have you considered using authorization tokens?  Would make it possible to do account-based and stake-based voting.  For example, the user of account 1492674458095041639 would generate the following authorization token for website tipnxt.com/vote345 :

Code:
3iiso4mjifm0048bpftfb0pvgcs2snpqodqa9129sebb8u18de4ne1pa9qla63o0j0vukrr1bl139oeoq2ifa23ob7fkllh2k96kc93vbblg29of2h1dd57k2221u52pldjuck49qnppr5vusomdejpj5h66j2j2

You can then decode the token using the API (or /admin.html in NRS) with the token and website: tipnxt.com/vote345 to get JSON.
Code:
{
    "timestamp": 7047543,
    "valid": true,
    "account": "1492674458095041639"
}

For your consideration.

Yea I already worked with the token system and know how it works. Smiley

This would be a possibility to implement different voting options. Currently the site is not used at all. Please respond if you are DEEPLY interested into this kind of voting. I have many other projects running and can't waste time on something nobody is using. Wink