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Topic: CoinOutlet uses NXT on the backend.... Interesting use case. (Read 562 times)

BTCDDev
sr. member
Activity: 255
Merit: 250
CoinOutlet uses NXT on the backend.... Interesting use case.
October 20, 2015, 09:42:31 AM
#9
Quote from: EvilDave on October 20, 2015, 07:05:54 AM
I do like this...a BitCoin ATM company choosing to use Nxt, simply because Nxt is the best solution available to fill in extra functionality the BTC blockchain lacks.
No arguments, no BS, just Nxt being used because it works well.

When the trolls, FUD, and bias are all stripped away, Nxt is objectively the most useful and functionally powerful cryptocurrency in existence.
EvilDave
hero member
Activity: 854
Merit: 1001
Re: CoinOutlet uses NXT on the backend.... Interesting use case.
October 20, 2015, 07:05:54 AM
#8
I do like this...a BitCoin ATM company choosing to use Nxt, simply because Nxt is the best solution available to fill in extra functionality the BTC blockchain lacks.
No arguments, no BS, just Nxt being used because it works well.
BARR_Official
hero member
Activity: 686
Merit: 500
Re: CoinOutlet uses NXT on the backend.... Interesting use case.
October 19, 2015, 11:27:40 PM
#7
Probably because 1 NXT still costs less than $0.01.  A company like this can go ahead and buy enough to handle their transactions for X length of time and lock in the price.
Hollowman338
legendary
Activity: 1246
Merit: 1000
Re: CoinOutlet uses NXT on the backend.... Interesting use case.
October 19, 2015, 10:59:11 PM
#6
Quote from: tokeweed on October 19, 2015, 10:51:31 PM
Quote from: BARR_Official on October 19, 2015, 05:49:56 PM
Pretty cool.  I assume it only costs them 1 NXT each time?

When will fees be reduced?  And why is it high NXT-wise?

serves as a check on blockchain bloat last I heard.
tokeweed
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Re: CoinOutlet uses NXT on the backend.... Interesting use case.
October 19, 2015, 10:51:31 PM
#5
Quote from: BARR_Official on October 19, 2015, 05:49:56 PM
Pretty cool.  I assume it only costs them 1 NXT each time?

When will fees be reduced?  And why is it high NXT-wise?
JReag
member
Activity: 104
Merit: 10
Re: CoinOutlet uses NXT on the backend.... Interesting use case.
October 19, 2015, 10:41:42 PM
#4
My guess is that NXT and all other crpytos (save maybe BTC) will go lower over the next few months. We're in the cycle of clearing weak hands, it seems. I doubt we've yet to see the real floor.
BurstIncomeAsset
hero member
Activity: 504
Merit: 511
Re: CoinOutlet uses NXT on the backend.... Interesting use case.
October 19, 2015, 07:26:35 PM
#3
NXT is getting more and more interesting by the day. There are more and more threads for NXT in this section, just like it was for Monero 1 month ago.

It is clear that NXT might reach the top 5 sooner than expected, because finally investors realize that it's a really nice project.
BARR_Official
hero member
Activity: 686
Merit: 500
Re: CoinOutlet uses NXT on the backend.... Interesting use case.
October 19, 2015, 05:49:56 PM
#2
Pretty cool.  I assume it only costs them 1 NXT each time?
box0214
sr. member
Activity: 350
Merit: 251
Re: CoinOutlet uses NXT on the backend.... Interesting use case.
October 19, 2015, 01:10:00 PM
#1

https://www.youtube.com/watch?v=FN0gUIVYu2s&feature=youtu.be&t=11m19s

this was an interesting use case for nxt messaging. seems like they are using it to store their transaction data on the nxt blockchain whenever someone uses their atm.
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