but many more continue adding coins by forging massive amounts
no the total NXT in circulation does not increase. The money supply is constant.
-bm
So those people with 40-50 million coins, they don't forge more?
they do forge BLOCKS and they get the TX FEES as payment for doing so. So the NXTs only circulate from USERS to STAKEHOLDERS via transaction fees.
it's quite different than Bitcoin.
-bm
I understand that but, assuming they havent sold a single coin, a guy with 50 million would have considerably more than 50 million nby forging right now, right?
yes, but that is true for everyone only forging and not selling. What is your point?
My point is that if only 20 wallets control probably 80-90% or more of NXT, how does that situation makes a 51% attack "impossible" as claimed in the NXT documents?
Clearer: There's a huge distribution problem -extensible to forging- in this coin. Or I am totally wrong?
You are wrong. There isn't a huge distribution problem. Distribution is already way better than bitcoin's and continues to get better.
I appreciate your confidence but, sorry, you don 't dispute any of my points. Again: 20 wallets got a total of 1 billion coins. Even after presumably massive dumping, still a bunch of those wallets and a few others, control 90% of the coins. How is that not a massive distribution problem? SWhatever the situation on BTc notwithstanding?
You sir must be a troll...
Top 100 NXT account: http://87.230.14.1/nxt/nxt.cgi?action=34
UH ho... Houston we have a serious problem. Questioning a very logical question, make me a "must be a troll".... very serious (and common) problem.
No "sir" I am just looking for clear answers, that cannot come from fan boys or scammers -one of which you surely are-. I AM aware of the holdings of those 100 wallets. Top 10 wallets still own almost 1/3 of the coins. It IS a HUGE problem by which future investors, like me, should run for the exits.
I wanted some common sensical explanations, obviously there's nothing but blind greed.
Lol, okay. Then start sprinting. Bye.
Edit: you went from 'top 20 owning 90%' to 'top 10 owning 1/3'. Which is it?
