NXT's biggest issue is marketing, and that shitty logo.
Ethereum had the better marketing, and had the bucks behind it. *shrugs shoulders*.
Ethereum had the better marketing, and had the bucks behind it. *shrugs shoulders*.
Ethereum had lots of known players with lots of connections. NXT had/has lots of anon's with few connections. That is part of the problem with being anon.
nxt is taking more of the organic approach since there is no foundation or company behind it that's really pushing it forward. i guess you can look at it as it taking the approach of how the internet was back in the early days.
build it and people will just come.
But they won't. 99.9999% of people couldn't give a flying fuck about smart contracts and cryptography. To spread this concept of decentralisation to enough people to make something like decentralised computing even work takes an organisation with aims and coordinated plans.
Bitcoin created this 0.00001% market. Up till now, all the Altcoins are just operating inside the market that Bitcoin created. Cannibalising the market cap of Bitcoin. The biggest example is Bitcoin is the only thing that you can really turn into cash, all the Altcoins are typically bought and sold with btc.
If this decentralised blockchain concept is to make waves in a market outside BTC market and maybe expand that market to 0.0002% it will need a strong team and ambitious plans. There is no way something like Ethereum could survive if it's only market was all of you lot on this subforum.
Any clone of BTC or LTC is cannibalizing Bitcoin. But blockchains will be very big someday. There is A LOT of room for expansion and specialization. Only one chain can't do everything well. To that end other chains are good to meet special needs of niches. NXT is a great example of how that is being done and introducing new tech that isn't found in BTC or any other platform for that matter.
As much as I like Bitcoin, i think this is the correct way, BTC should not be, nor any other crypto should be a sole dominator.
We need constant competition, thats what capitalism is about, perpetual competition and no monopolies.
The more cryptos out there the better!
