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Topic: Join the Dots: "Nxt" name is temporary, "Unfair" distribution was intentional (Read 2067 times)

hero member
Activity: 574
Merit: 500
For those that don't know Taunsew/UtopianFuture has at least one new sock puppet  Cheesy Love the new angle btw  Grin
sr. member
Activity: 280
Merit: 250
What a joke of a project.

It's a shame, because the developers aren't half bad.

Frankly, I don't like the politics of NXT techies - I don't want to live in a hippy commune.
hero member
Activity: 756
Merit: 506
BCnext dumped his own coin for low six figures and fled.  So inspirational  Cheesy
hero member
Activity: 882
Merit: 1000
Nxt is just a work-around. It was launched to win more time, and to conduct an experiment that was supposed to show if society is ready for BCNext's main project. He thinks that society can't be completely decentralized, and Nxt will help to measure the level of decentralization after which a society can't function as a whole. Bitcoin relies only on math, but math can't solve problems arising because of the illogical nature of the man. Mining in Nxt relies on the cooperation of people, and even forces it. Without cooperation, Nxt becomes weak and can be easily attacked. It's like a system in unstable equilibrium. If people stop caring about cooperation, Nxt will fail very quickly.

From this i get that bcnext wants to see how dectralized society can get.  When society can't get anymore decentralized then bcnext has got something cool to share

Unity, jl777, cooperation... Just saying
hero member
Activity: 756
Merit: 506
Proof of Beluga Caviar
legendary
Activity: 1588
Merit: 1000

http://wiki.nxtcrypto.org/wiki/BCNext%27s_Plan

It's been read 3,800 times...
And provides insight into the thinking of Nxt Poo-Bahs... or maybe it's all a head fake.

Key thing for me:

"Bitcoin was a genius invention, but its implementation became corrupted by people whose aim was to make money – not bitcoins, but dollars." 

"changes the focus from 'trust no one' to 'don't let anyone cheat'"

"Nxt is just a work-around... it was launched to win more time...
and to conduct an experiment that was supposed to show if society is ready..."

---------------------------------------------------------------------------

Utopian philosophies tend to misunderstand the total corruptness of human nature...
In fact, crypto has DEMONSTRATED the absolute worst in human nature...
And you can wait 1,000 years in a closet with Satoshi... nothing about human nature is EVER going to change.

That's why all world religions are focused on understanding and controlling human nature... to marginal effect.
legendary
Activity: 1204
Merit: 1028
I propose HoldyourbreathwithyourheadbetweenyourlegsandexhaleasyoustandupquicklyCoin

Symbol would be the easy mnemonic HYBWYHBYLAEAYSUQ. We can call them HYBWYHBs for short.

You would literally die due out of breath by the time you finish spelling the coin's name, not a good idea.
legendary
Activity: 1225
Merit: 1000
The pieces fit!!!   Shocked

I'm still interested on what you had in mind...

"Unfair" distribution was intentional: I get that having larger stakeholders was better in the starting phase to ensure survival of Nxt (larger stakes have bigger interest in success).

"Nxt" name is temporary: BCNext said that one day he would come back with his final idea of a currency.

But apart of that, I have no clue what you found out  Smiley

edit1: or do you mean Come-from-Beyond = BCNext because of similar style?  Grin
edit2: And his final currency would be Qubic?
edit3: Oh, just read that this is the wrong direction and the last two points are irrelevant
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
I wasn't ever very good at those connect the dot games. hahaha
hero member
Activity: 574
Merit: 500
I propose HoldyourbreathwithyourheadbetweenyourlegsandexhaleasyoustandupquicklyCoin

Symbol would be the easy mnemonic HYBWYHBYLAEAYSUQ. We can call them HYBWYHBs for short.
sr. member
Activity: 280
Merit: 250
how about "twat" or "cuntcoin". seems fitting  Grin
hero member
Activity: 574
Merit: 500
so...  what would NXT's next name be?  

Community will decide.

Quote
...and to what purpose was making the "unfair" distribution deliberate.

To create highest chance of a successful launch based on the Pareto principle for initial distribution phase. "A courtyard common to all will be swept by none".

Community will decide when the bootstrapping phase is over. BCNext had his own idea but we don't need to follow.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
so...  what would NXT's next name be?  and to what purpose was making the "unfair" distribution deliberate.
hero member
Activity: 574
Merit: 500
You're going in the wrong direction. Whether they are or aren't is irrelevant to the development of Nxt I'm being annoyingly cryptic about  Grin This isn't a conspiracy theory thread, there are enough of those  Cheesy


This is a join the dots > deeper understanding thread.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Ok, I'll give you a little something that might pique some people's interest...

The first part of the title is a quote from BCNext. The second part is a quote for Come-from-Beyond.

And no, I'm not making that up   Cheesy

Quotes from the same guy. BCNext and CFB are the same person, the former was created to give an air of mystery and make it seem larger than life and trying to create parallels with Satoshi. It also allowed CFB to get a big part of the share without allegations.

proof?
hero member
Activity: 639
Merit: 500
Ok, I'll give you a little something that might pique some people's interest...

The first part of the title is a quote from BCNext. The second part is a quote for Come-from-Beyond.

And no, I'm not making that up   Cheesy

Quotes from the same guy. BCNext and CFB are the same person, the former was created to give an air of mystery and make it seem larger than life and trying to create parallels with Satoshi. It also allowed CFB to get a big part of the share without allegations.
hero member
Activity: 574
Merit: 500
Ok, I'll give you a little something that might pique some people's interest...

The first part of the title is a quote from BCNext. The second part is a quote for Come-from-Beyond.

And no, I'm not making that up   Cheesy
legendary
Activity: 1168
Merit: 1049
I'm not sure if it is him but sure a funny thought.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
hero member
Activity: 574
Merit: 500
Feels good, right?   Wink

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