Author

Topic: ■■ Figuring out a short and simple explanation of NXT ??? ■■ (Read 607 times)

full member
Activity: 143
Merit: 100
All you need is one word.

SCAM!
legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro
This is all you need to know:

We are the descendants of Bitcoin.
We are the continuation of the cause it started, but that perished with its centralization.
An economic system is a manifestation of an ideology.
What was lost, we shall reclaim.
sr. member
Activity: 350
Merit: 252
it's hard to get ppl to install this as it's not exactly the easiest thing... to us it's easy.


Tell the new user to do a simple exercise.

Download and install Bitcoin and use it.


and



Download and install NXT and use it.


Notice any differences???


Then let the user decide what is easier/better.


legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
your java of the crypto world
legendary
Activity: 1588
Merit: 1000
Tell the new user to do a simple exercise.

Download and install Bitcoin and use it.


and



Download and install NXT and use it.


Notice any differences???


Then let the user decide what is easier/better.

The concept that NXT does 100 things... versus Bitcoin does 1 thing like it's 1998...

Would probably make your brain cell explode.
hero member
Activity: 882
Merit: 1000
Tell the new user to do a simple exercise.

Download and install Bitcoin and use it.


and



Download and install NXT and use it.


Notice any differences???


Then let the user decide what is easier/better.

full member
Activity: 165
Merit: 101
I've been trying to explain NXT to newcomers to bitcoin and the altcoin space and so far I've come up with the following. Feel free to rehash it if needed. I mean nxt has alot of moving parts and its kind of hard to explain it all without users diving into the application to try it themselves.

Quote
Nxt crypto-currency platform shares many similarities with the Linux operating system, particularly in its support of the open-source ethos.The Nxt core code was written in Java by the developer 'BCNext', with the Nxt system going live on November 2013, utilising its own native blockchain separate from Bitcoin.

It's a '2nd gen' crypto-currency and platform, which means that in addition to the basic features of '1st generation' systems such as Bitcoin,  Nxt has been designed to be a modular system with a group of core features that can be used as a foundation for 3rd party projects. Think of it more of a platform, than a currency.

The current Nxt core features are:

-Decentralized Messaging, both encrypted and unencrypted.

-Decentralized Data Storage

-Decentralized DNS system. Think of it as a "decentralized domain registrar" like godaddy, but without a central authority.

-Decentralized Marketplace for all goods (think ebay/silkroad without a server).

-Decentralized Stock Market (Asset Exchange). Allows the issue and trading of Assets (stocks/shares).

-Monetary System. Allows the creation of a sub-currency on top of the NXT blockchain running in parallel.
For more info:

http://jnxt.org/nxt  -Actual Live wallet (click the 'man' icon and sign in with alias 'nxt' for a live demo)
 
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