NXT could be overtaken by a competitor such as NEM with a better initial distribution as this will attract a wider following more quickly.
NXT is a great idea, great code, great devs, so is ripple, both suffer from volume due to this lock poor distribution out feature.
Tenebrix suffered from this, and look what LTC did to that will a better launch by distribution.
Doge is the opposite to this it reaches a large market.
Abso-fucking-lutely never.
The vast, vast , vast majority of NEM accounts are sockpuppets owned by 1% It has worse distribution than NXT and UtopianFuture refused to do shit about it.
I don't mind NEM at all, infact I own a single stake in it (because I followed the rules), but NXT is the future.
how much is a stake?
Why are you telling us such lies about NEM. Do you know utopianfuture? Do you know about NEM enough to judge about the future of that coin?
I thought i'd find a fair discussion based on facts.
No offense Schwarzalbert, but you don't know what you are talking about. NEM's distribution is poor because people didn't follow the rules. Uniqueorn is correct.
if the sockppupet issue is to large enough then mathematically hem would have a worse distribution than NXT. A casual glance at the numbers involve would about 72 members for NXT of who a % could be sock puppets.
in nem there are...1200 and you can see duplicates have been detected, proptionaly even if there are more sockpupets in NEM, absolutely this would still leave more founders coins in more hands.....
any how its seem 1200 would be more distributed that 72.....
I think a cut of date by registration is a good solution.
Also why did nxt stop its buy in prematurely?
No one really knows except for BCNext. It's my opinion that it was ended because BCNext knew that if he left it open longer there was a higher chance of multiple stakes belonging to one person. It's my belief that very few, if any, Nxt stakeholders had multiple stakes. Remember, few people were interested in Nxt at that time.
well thats not completely true.
See before nxt, and even that thread, some release beta of nxt almost exactly as it was and I downloaded it an tried it, then they said nope not doing this. It's in the threads here it was july to Aug last year. I tangentially heard about nxt but was away during the fund raise, due to other reasons, but it was cut short.
I don't think it was the sockpupets coming from the outside at that loin, it must have been a dilution issue decision.
Also what happened to bcnext and when did he leave and who was Come from Beyond attracted to be come core dev?
