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Topic: [NXT] Thread Wherein Large Stakeholders Foster Confidence by Outlining a Plan - page 2. (Read 2829 times)

legendary
Activity: 2142
Merit: 1010
Newbie
We shouldn't let this thread to die. I like comments similar to
Proof of Stake is never going to succeed.  It does not incentivize adoption.  Honestly, even Doge is a better coin than NXT.
coz they r like encrypted messages from subconsciousness. For example, decryption of the above message gives such text:
Quote
I spent a lot of money on GPUs/ASICs. I understand nothing but like to look a smart guy. I bought DOGE right before the price went down and now I want to get my money back.
legendary
Activity: 1722
Merit: 1217
I thinks its a dead topic.  Stakeholders have already greatly distributed their share, many of the large Nxt holders were early buyers from stakeholders.  I don't think a stakeholder will post here cause most people will just berate them with ridicule.   Distribution will continue to happen, many are waiting for decentralized exchange.

perhaps you are right. i made this thread because cfb argued against lowering transaction fees by saying the stake was not distributed enough yet.
legendary
Activity: 1722
Merit: 1217
Better make new self moderated.
Btw, how would we identify stake holders?

any idea how. I tried and it wouldn't let me delete or move this one.

You have been a member since 2010 and you still do not know how to create a self-moderated thread  Roll Eyes

i know how to create it. what i dont know is how to make an existing and presently not self moderated thread self moderated.
NWO
sr. member
Activity: 392
Merit: 250
Better make new self moderated.
Btw, how would we identify stake holders?

any idea how. I tried and it wouldn't let me delete or move this one.

You have been a member since 2010 and you still do not know how to create a self-moderated thread  Roll Eyes
legendary
Activity: 1470
Merit: 1004
I thinks its a dead topic.  Stakeholders have already greatly distributed their share, many of the large Nxt holders were early buyers from stakeholders.  I don't think a stakeholder will post here cause most people will just berate them with ridicule.   Distribution will continue to happen, many are waiting for decentralized exchange.
legendary
Activity: 1092
Merit: 1010
Better make new self moderated.
Btw, how would we identify stake holders?

any idea how. I tried and it wouldn't let me delete or move this one.

Abandon it and let it die and just start a new one is probably the only choice.

Change the title to "RIP: you were young, but fatally flawed"
hero member
Activity: 714
Merit: 502
Better make new self moderated.
Btw, how would we identify stake holders?

They're wearing fancy clothes and driving flashy cars  Grin
legendary
Activity: 1722
Merit: 1217
Better make new self moderated.
Btw, how would we identify stake holders?

any idea how. I tried and it wouldn't let me delete or move this one.
legendary
Activity: 1367
Merit: 1000
Better make new self moderated.
Btw, how would we identify stake holders?
legendary
Activity: 1722
Merit: 1217
I forgot to make it self moderated. please just ignore off topic comments.
legendary
Activity: 1470
Merit: 1004
Proof of Stake is never going to succeed.  It does not incentivize adoption.  Honestly, even Doge is a better coin than NXT.

"Never say Never" - Justin Bieber
full member
Activity: 238
Merit: 100
Proof of Stake is never going to succeed.  It does not incentivize adoption.  Honestly, even Doge is a better coin than NXT.
legendary
Activity: 1722
Merit: 1217
legendary
Activity: 1722
Merit: 1217
legendary
Activity: 1722
Merit: 1217
legendary
Activity: 1722
Merit: 1217
The security of the NXT network is a function of the level of decentralization of the stake. The more decentralized the stake, the more security each confirmation lends to a transaction. It is important for the long term health of the network that the proper balance be struck between the reward that the initial stake holders rightfully deserve for the risks they have legitimately taken and the necessity for a certain level of decentralization of stake in a proof of stake system.

With that being said it isn't immediately clear what is the right trade off or how these stake holders should go about about addressing this issue. The purpose of this thread is twofold. The space at the top will be reserved for statement by stakeholders about thinks like goals, time frame and proposed means of meeting those goals. Below that will be available for all manner of discussion related to this topic.
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