Topic: [ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness! - page 13. (Read 101937 times)

I am interested .

5 million isn't much, we'd hardly be stakeholders if that's the case...

What determines how much NEX you forge? The amount you have?

Interested,
Please add me to stakeholder list .
Thx

Interested  .

Thank you for your answer.
I like the project .
Wish the better.
And I have shown the interest by the introduce of the chat group.
You say, the release time is in 3 weeks?
Will it be like another coins , just Delayed until date ?

I think you should give out a WhitePapers about the NEX.

-> See www.nexcoin.net

There are so many unknown factors on NEX.

-> This will be known before distribution.  The exact details are kept private for now,  but NEX will be more like Mastercoin/CounterParty than Nxt.  So if you know the technical difference between these then you have an idea of what direction NEX will be going.   NEX employs tried and tested Bitcoin technology to secure its network, at the same time unlike Bitcoin, it is not restricted to 10 minutes per transaction. 

You say , the 900M is used to mining .But where the transfer fee going to ?

-> Like Bitcoin and every other alt-coin,  transfer fees go to miners.

And how can you promise you will not own the most coin?
-> A majority of initial distribution is with the stake holders.   90% is mined afterwards give everyone a chance to acquire more stake.  Compare with Nxt with 73 uses have 80% of all the coins.

How you transfer the NEX to the stake holders ?
-> Using a NEX wallet.

How about the EXCHANGE .....
-> NEX is built from the ground up to provide a distributed high performance exchange.

How many NEX used to support the develop?
-> The 50 million NEX sold for 1 million Nxt will used to support development, deployment and maintenance of the network.   The Visacoin victims and those interested get NEX without any need to contribute.

I think you should give out a WhitePapers about the NEX.
There are so many unknown factors on NEX.
You say , the 900M is used to mining .But where the transfer fee going to ?
And how can you promise you will not own the most coin?
How you transfer the NEX to the stake holders ?
How about the EXCHANGE .....
How many NEX used to support the develop?

Why the TBD is so large?

TBD - To Be Determined

what the meaning of TBD?

Do you mean that is you ae interested then you will have to do all these to get a stake:
(1) Sending your email
(2) Referring people using the referral link
(3) Liking on Facebook  http://www.facebook.com/NEXcoin
(4) Following on Twitter. http://www.twitter.com/NEXcoin

Also what do you mean that a minimum of 5 million is split among interested stakeholders? Why is there a minimum?

Edit: I sent my email, referred it to a friend, liked on facebook and followed on twitter. Now what?

45 million TBD.   At a minimum, 5 million split among interested stakeholders... this involves
(1) Sending your email
(2) Referring people using the referral link
(3) Liking on Facebook  http://www.facebook.com/NEXcoin
(4) Following on Twitter. http://www.twitter.com/NEXcoin

Each one counts for more stake.  Note: (1) and (2) must come from different people.

A wallet will be made available to receive coins.  

Interested

Is it still efective?
I want in!
I will also ask my friends in !

Do you mean 50 million for NXT? So 45 million split between the 'interested' stakeholders'? How many stakeholders are there currently? Will the stakeholder list be updated soon, my email hasn't appeared there yet.
The minding/forging stuff sounds pretty interesting! Three weeks is pretty soon; will there be a wallet/client and an exchange by then or..? Also, how will the coins be delivered?

Thanks, sorry for all the questions!

100 million initial distribution.  50 million for NEX.   5 million for VisaCoin victims.  45 million TBD.

Yes, mining is similar to forging,  the difference is with Nxt all you get are transaction fees, with NEX you get newly minted coins.  So the reward is much higher with NEX for initial stakeholders. 

Consider mining as a distribution that stretches out for a much longer period. 

Oh I see! I was under the assumption it'd be 100% PoS like NXT was.

So there is 34.5 million NEX reserved for people who have sent NXT, leaving 65.5 million for the 'interested' and email guys?

Is the mining similar to forging NXT? As in, the more NEX you own, the more NEX you mine?

"green" mining.  So you don't need a lot of CPU or nodes.  Similar to proof of stake.   

ok i´m out i do not like mining.

That 900 million is competitively mined.