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Topic: [ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness! - page 79. (Read 101968 times)

legendary
Activity: 2142
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Newbie
Are you implying there will be a heavy premine of NEX?

No. I just point that this guy has a weird sense of fairness.

Anyway NEXX is much better.
hero member
Activity: 532
Merit: 500

Are you implying there will be a heavy premine of NEX? The word premine doesn't really make sense for a pure PoS coin, but yes, if the dev holds a significant amount of NEX, then there is a risk that once it gains market value, it could be dumped, making NEX worthless. So a coin that began as worthless, promoted by its supporters, then gains value, goes back to the value from whence it came.

Of course the dev is entitled to a slice of the pie, but if that slice is too big, then NEX might not be worth anything in the future. However the risk is extremely minimal as the cost of the coin is free. Only anyone investing time and money into NEX would lose out if it got dumped. Also by supporting the network you are supporting the coin in a sense, so your PC becomes complicit in NEX gaining value.

HOWEVER, you lose nothing by holding NEX if your PC is running anyway, and even with the aforementioned risk, it is still worth getting some NEX. Pretty low risk of loss Grin

If the dev makes the amount he will hold public, and it is a reasonable amount, then NEX will have value.

Even purely as a social experiment I find this fascinating. I hope the Dev sees that holding a smaller stake and letting it gain significant value would be more profitable than holding a high stake and slowing down NEX adoption and causing it to have little value.
newbie
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sr. member
Activity: 364
Merit: 250
667 one more than the devil
newbie
Activity: 27
Merit: 0
very interested, yes!
legendary
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Interested!! Gonna setup a node today

If i can find the software to setup...  Huh

The Alpha version can be found by downloading Nxt.

Nxt is just a testing ground,  a proof of concept.

The actual free and fair distribution of NEX will come in a month's time while we collect participants.

It would be unfair to abruptly cut the distribution to a just a few and privileged.
newbie
Activity: 25
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I am interest please include me. Cheesy
sr. member
Activity: 392
Merit: 250
Sounds interesting! Count me in please.
legendary
Activity: 2142
Merit: 1009
Newbie
hero member
Activity: 532
Merit: 500
Yep. It's, called Capitalism. You have to have people at the top if you want people at the bottom, and without people at the bottom, there wouldn't be anyone at the top. The bottom want to be at the top, and the top don't want to be at the bottom. Of course it's unfair. It's Capitalism.

My brain collapsed.
hilarious Grin

Was it difficult to understand? It's quite simple.
member
Activity: 82
Merit: 10
I am interested. Waiting more good news.
full member
Activity: 144
Merit: 100
Yep. It's, called Capitalism. You have to have people at the top if you want people at the bottom, and without people at the bottom, there wouldn't be anyone at the top. The bottom want to be at the top, and the top don't want to be at the bottom. Of course it's unfair. It's Capitalism.

My brain collapsed.
hilarious Grin
full member
Activity: 238
Merit: 100
Interested!! Gonna setup a node today

If i can find the software to setup...  Huh
full member
Activity: 238
Merit: 100
Interested!! Gonna setup a node today
full member
Activity: 224
Merit: 100
I'm in :-)
Interested!
hero member
Activity: 532
Merit: 500
Yep. It's, called Capitalism. You have to have people at the top if you want people at the bottom, and without people at the bottom, there wouldn't be anyone at the top. The bottom want to be at the top, and the top don't want to be at the bottom. Of course it's unfair. It's Capitalism.

My brain collapsed.

It's economics, man.  Wink

I could have said "You have to have people at the bottom if you want people at the top, but it means the same thing. You need one to have the other. It was just the way I phrased it. The top want people to be at the bottom, and the bottom want people to be at the top. It's a symmetry.
sr. member
Activity: 406
Merit: 250
If this would be NXT without the very questionable initial distribution (and potentially more improvements over time compared to NXT because of opensource and more developers), then count me in. May be very interesting.
Q:  How would you solve problem with scam accusations according to "unfair" distribution Nxt to 73 big stakeholders?
BCNext: “This problem can not be solved.  Even if we had a million stakeholders the rest seven billion people would call this unfair.  A world with the money can not be perfect.”
That was a very bright reflection. Creds to this dude for putting sucha stupid statement in sucha serious way.

Yep. It's, called Capitalism. You have to have people at the top if you want people at the bottom, and without people at the bottom, there wouldn't be anyone at the top. The bottom want to be at the top, and the top don't want to be at the bottom. Of course it's unfair. It's Capitalism.
I agree. But this guy rather seem to advocate dictatorship?
legendary
Activity: 2142
Merit: 1009
Newbie
Yep. It's, called Capitalism. You have to have people at the top if you want people at the bottom, and without people at the bottom, there wouldn't be anyone at the top. The bottom want to be at the top, and the top don't want to be at the bottom. Of course it's unfair. It's Capitalism.

My brain collapsed.
full member
Activity: 163
Merit: 100
There is quite a difference ,  with 73 holders,  means everyone have 1.5+%   , while with 1000 starters, each have 0.1% .

Almost 2 orders of magnitude greater.

About what the other 7 bilion? If you think like that , then  will be ok even if only  3 people got 33% of the coins each.  
legendary
Activity: 868
Merit: 1000
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