One final thing I will say about the (lack of proper) statistical analysis is that for my own involvement in Nxt I would rather be paid in BTC (if I am to be paid anything at all).
I have read proper statistical papers (such as created by Meni) with sound math describing all of the possible attacks upon Bitcoin and I am much more satisfied with that then the "just trust BCNext's algorithm argument" who himself btw actually stated "don't trust me".
It seems that things like "proper analysis" are not things that this community wants to do or even hear about.
I have read proper statistical papers (such as created by Meni) with sound math describing all of the possible attacks upon Bitcoin and I am much more satisfied with that then the "just trust BCNext's algorithm argument" who himself btw actually stated "don't trust me".
It seems that things like "proper analysis" are not things that this community wants to do or even hear about.
I bet most of us believe that BCNext did math analysis and found no flaws.
With respect: this is a glib, bullshit answer, and you can't prove the "most of us" part any more than you can prove the "BCNext did math analysis" part.
Three months in and we have no Whitepaper, no documentation of algorithms, and no modelling or statistical analysis.
The greatest irony of the great decentralized Nxt Ecosystem is that its core is centralized in an opaque, anonymous identity who only communicates to the world through a Belarusan Java programmer on contract.
One day soon, Nxt will be called out for this. It is Nxt's biggest flaw.
This is my biggest doubt so far in Nxt, and I am sure for everyone else as well... I agree that BCNext not releasing his white paper, documentation, or algorithms three months in is annoying. Is there any timeline in the near future?
