This plan will either make or break nxt. = in its death throes. (Of course could always rise from the ashes)
The reasoning behind the tech and the scaling is brilliant, but if the distribution of fnxt is fucked then well confidence is lost on nxt. And any business worth its salt will do the due dilligance to research what they are getting into.
In order for it to work it needs to be fair to all.
Statements like only certain "active" accounts will get benefit is the most socialist thing ever.
Add in the confidence that a business will need to use a nxt side chain, but the tech is never in their control and they must assume that the developers will always make the right decisions, not break api, not deflate assets, not break other stuff. Makes this a confidence game.
Despite the excellent tech, Nxt needs people/ businesses to use it. Ie they need confidence in the system.
But the confidence in the system doesnt get built from actions that continually are perceived as unfair. And if the solution is that well the ae is going to take a hit but hey thats life. How does that build confidence in nxt?
Why would a business want to invest time/money into this?
(Edit, i started off nice, then got pissed from some disrespectful nxt forum members, maybe that doesnt exscuse my attitude but im only human here, am better after a walk to calm down)
the complete proposal is here:
https://nxtforum.org/core-development-discussion/nxt-2-0-design/important to note is that this is an
ongoing discussionthe proposal has up and downsides. i agree that the asset market would take a hit, but i think that most likely only the bad assets would not recover. solid projects would. i'm not happy with it at all either. if anyone has any ideas on how to make a transition 'fair', please go ahead and suggest.
one thing i would completely disagree with is that nxt is in its 'death throes'. the proposal is there to keep nxt on the forefront of technology, thus to ensure its future. the proposal will enable scalability (and flexability) other cryptos are only dreaming of. to grasp the importance just take a look at the current bitcoin discussion about 1mb/2mb blocks.
i personally think that the dev team is not taking the needs of nxt users into consideration enough. this also goes in line with the API changes for no good reason. these problems have been there in the past and i think there was a 'mediation' job for a while to better communicate things. if i'm not mistaken that position is currently vacant and it would be a good suggestion to fill that spot again with someone capable.
the positive side of this is that nxt core development has been going at an amazing pace. features have been added frequently, just recently coin shuffling, data cloud etc etc.
i think fatalism, like yours johnny, doesn't help at all. instead we need to discuss. and yes i read your idea and it has been cross posted on the nxtforum for others to read.