Topic: NXT :: descendant of Bitcoin - Updated Information - page 1707. (Read 2761645 times)

From a sales/marketing perspective... I think that calling Nextcoin by "Nxt" instead of "Nextcoin" is a huge mistake.

Nothing kills adoption faster then "confusion".  Calling something "Nxt" is confusing as hell.  I know u commented on my video once n asked me to use the term Nxt instead of Nextcoin n it took several weeks before I realized what you were even talking about.

I think we should have stuck with the term "Nextcoin".

Instead of relying on fancy names to promote Nextcoin, we should be focused on making solid features on Nxt and make it as user friendly and easy to understand as possible.

This is one area that is still lacking in the crypto market despite the fact that we have dozens of different currencies.

people who are already in the crypto currency market can figure out and understand what "Nxt" is… But people new to the crypto currency market will have no clue (unless they do extensive research) to even know that Nxt is a crypto currency.

Confusion is not good for public adoption...

http://qz.com/165273/the-existential-threat-to-bitcoin-its-boosters-said-was-impossible-is-now-at-hand/

It is nice to know NXT does not have to worry about 51% attack like bitcoin. Even 90% attack can be thwarted.

James

Something like blockchain.info would be huge!

Wow I thought you should know better since you said you are an investor from an early day. The guy doesn't care about money. You should come back and browse all the posts BCNext made in this forum and you will see that the guy want to make his idea material first. Financial gain will come but I don't think that is his primary concern. If he is materialistic, he would have done another J.R mastercoin fundraising style and pocket 1-2 thousand BTC instead of a mere 21 BTC.

It takes a historical perspective to know what kind of contributions BCNext would make so I agree that at this point over-hype is premature. But in my personal observations, he has shown some signs of a genius in the making in some levels. There are technical innovations such as POS, transparent forging, however what I see the most valuable in his works is a coherent vision of what a decentralized network could be. It's similar to the way Steve Job designs the first Iphone. There are technical improvements compared to earlier smartphones in the first Iphone, but much more important innovation is the way everything is brought together to define what a smartphone should be. NXT decentralized network could be the same. It will succeed not on a specific feature but on the way all the different features are bought together in a coherent framework; plus all that hi-techs are accompanied with strong message of decentralization and community involvement. That the whole package together imho is the novel contribution.    

Satoshi has paved the way with his blockchain original idea. But without a written evidences, I doubt Satoshi has such a strong vision of how a decentralized network based on blockchain technology could be. So in a sense, BCNext extends Satoshi's original idea.

We still need to wait for the actual implementation of NXT decentralized network and there are still much uncertainty ahead. But the only reason I has devoted so much my time to this venture is because I has a conviction in my above judgement. I believe in NXT success and the validation of BCNext's ideas.

Gang,

Would appreciate Chinese speakers looking this over for errors. Also, I know nothing about leading/kerning/spacing with Chinese characters and what's appropriate.

big image - snip

Also, full-size PDF is here

EDIT: sorry, forgot to credit Miramare from the nextcoin.org forum for supplying Chinese text.

The people who hold the big load should give more away, yes. That's the only way 'the masses' will approve of this coin. As long as a few people hold 90% of the coins, this won't work.

rickyjames,

I've got most of the whitepaper content thrown together, but it is still very rough and not really reading like a whitepaper to me.

It needs somebody elses touch and I like how you write. Could you take a stab at editing it so it reads like a whitepaper? I have some more content for NXT yields section 11, but the rest is ready for some new eyes

James

cause if you look at two strings: DatS7 and opKrN you instantly see the difference, the lesser the alphabet, the less difference is visible on two words over that alphabet...