Topic: NXT VS NEM - page 10. (Read 14427 times)

I agree that speculating on NEM is just for fun at this point, so we'll have to see.  But, NXT has a lot of vulnerabilities.  Losing BCNext is not good and Cfb may also leave.  NEM has 5 devs who actually communicate with people.  I also like the branding of New Economy Movement better than NXT.  NXT wants to do all these huge things, which is great, but they are all over the place and can't get basic things right:  Lots of people, not just newbies, lose money because their "brain wallet" gets cracked.  A huge flaw was discovered by Dr. Evil which doesn't give people confidence.  The address format sucks. NXT needs to get it together.

Where exactely am i hating NEM? I want it to succeed as i have a stake in it, I just post facts so that people get a good idea where the coin is right now. I hate it when people spread FUD, and saying a coin is superior even though it is only existing on the drawing boards is spreading FUD!

Why all these haters of NEM - are you afraid of NEM ?
NEM and NXT could widely coexist in my op.
The best could be to give both a real chance to grow and to establish.

How would that be even possible? If this project launches in 3 months, then NXT will be nearly 9 months old and will have an established asset exchange and a digital goods store. The network effect alone would be enough to overcome your better distribution AT START. Because right now, we have much more than 3000 stakeholders.

Prove me wrong, but don't argue with me about how your vaporware will beat our already launched projects...

Just take a look at mastercoin, i fear this project will turn out like MSC but with less money stolen obviously.

UTOPIAN is the keyword here

imho ~ compileing the boilerplate in engrish is the tuff part! hahahehe


http://en.wikipedia.org/wiki/Boilerplate_%28text%29

yea
Was it Neon, which had a chosen logo already in the first page of the announcement thread ...

i'm going to at least wait till my logo is finished before i announce my IPO ! haha

You dont want anything to do with NEM is a fair statement. You cant speak for other people, please look at the waiting list thread of people wanting to join NEM lol.

Sorry to disillusion, but the on-again-off-again history of Etherium shows that centralization brings the opposite: the wheels of centralization grind s-l-o-w-l-y. It's interesting, psychologically, that so many people associate centralization with quick-time efficiency - the truth is typically counterintuitive. In another age, "centralization" = "turtle speed" would have been the intuitive conclusion.

Agree 100% on Nxt: I'm comfortably in the tank for it.

If (Big if!) Nem ever gets launched it will be the biggest initial dump in history. Everyone that wanted in was able to get in for basically nothing and the rest of us don't want anything to do with it.

I couldn't disagree more.  The fact that we are even having this conversation before NEM has launched anything tells me that if NEM launches something even close to comparable to NXT, it will pass NXT quickly.  You have to admit the community is quite huge for a coin that isn't close to launching yet. 

For the sake of simplicity, forget about BCNext. Either it's CfB who is the real BCNext or there is real BCNext but he just disappeared, we don't care. It's enough that CfB says he knows how to implement Transparent Forging in NXT, which can make it to process 100+ tx per second, and which is one the main features of NXT together with Assets Exchange, that's all that matters. And CfB said he will stay longer than 3rd of April, that's all that matters. I haven't seen any working implementation of NEM yet, that's all I know. When there is one and it's better than NXT, I'll be the first to say NEM beats NXT. For now NEM is just vaporware, not a single line of code, nothing to discuss.

I kind of agree with this.

I walked into this thread just now to find a discussion about pros and cons.
Instead I find a cat fight between people who want to make either Nxt or NEM win.

I will state openly that I am invested in Nxt, since 23rd of December. I try to promote it as much as possible and try to organise stuff.

That does not mean in any way I dislike other efforts. I was one of the first people to take notice of NEM, not least because I knew utopianfuture as a solid person and I see he has done an admirable job of getting NEM organised. I sincerely hope that he succeeds.

Ethereum? Good luck to them!

I am in cryptos because I love the creativity people display in trying to come up with ways to solve a problem. Cryptos are a means to an end, not the end itself.
If one of them develops the Holy Grail of a truly usuable decentralised system that becomes popular and is generally accepted: big PROPS!

I still have my cards on Nxt: because I am seeing lots of things happening and being developed and see the community taking responsibility and changing.
People who expect this to happen overnight are asking for miracles and basically are longing for a centralised system. Because that is the only way this will be done quickly.

I also know that this will always be the case, so I'm not worried.

NEM, Nxt, good luck to both. Hopefully we will learn from each other. Maybe we'll both be obsolete by this time next year. I highly doubt that 2.0 will be obsolete by that time, so that's good enough for me.

Its quite funny to read this thread. Seriously both of these coin valuations are based on speculations and promises, it could be take years to see if either of these coins will manage to be real currency.
I hope that NEM maybe that one, but it is not even sure that any of these cryptocurrencies will even be that popular. Many of these writers sounds like some cult leaders or religious wackos with their prophecies. Rather funny is also that majority of these btt writers will sale their cryptos to Fiat money if then they can make a fortune...

If you are willing to read some journals or books about behavioural finance, im pretty sure you will find quite of bit similarities with current behavioural in cryptocurrency markets and dynamics of behavioural finance.

Even bitcoin is at the moment niche-product and how these nxt or NEM guys are so sure that 2.0 coins will be the "thing" Sounds like narrow minded though, because i can figure that in 2015 someone will create or claim to create generation 3.0 cryptocurrencies and so on...

The strange and wild twist to this story is that BCnext has left NXT completely, told people to make it better on their own.  But..... in a stranger twist a few days ago he released a message via CfB that NXT was just a test, just to see if his concept would work.  And now he has moved onto another project.  

Now..... How much of this can really be known.  Maybe BCnext is working as hard trying to fix nxt, just under a different name.  Or.... maybe what he said was not bullshit.  Maybe he will release a new project soon.  A small part of me desperately hopes it is NEM.  BCnext's whole point of making NXT was to make a new "mining" schema.  One that he had to compromise on because a truly radical concept for mining would not have been accepted by the community.  Now.... realistically, I gather that BCnext has nothing to do with NEM, but I wonder if he would approve.  NEM is inspired by NXT but is also attempting to having a completely different "mining" system, so in that point, it is in line with BCnext's plan.  Also, BCnext left NXT about the same time NEM was taking off.  I seriously doubt it, but the possibility and connections are made in my mind.  

NXT released alpha in November, and I don't expect they will deliver a finished product sooner than September, with all the declared features. Moreover, CfB himself said that he's going to make sure he'll deliver in summer, add another month or two to squash bugs to make the software production quality (not alpha or beta quality).

It took bitcoin a few years to become what NXT already is - money transfer mechanism, and they still find bugs in bitcoin, it's still beta. NXT strives for more, to be more than just a crypto money transfer mechanism (see its list of features), I guess NEM strives for more also. There is no magic, and developing software from scratch, debugging it takes a long time. It doesn't matter what NEM 'expects', you have to be realistic about what people can actually deliver.

If NEM just clones NXT, it won't be far behind in features, but behind in adoption.
If NEM codes its own software, not clone NXT, then end of 2014 is a realistic expectation for a more or less finished product.

I have been thinking about the famous BBcoin.  I am so excited, just tell me where and I can give you 1000BTC  hahahaha

What makes you think that Nem will deliver a finish product at the end of year, when an Alpha version is being released in 2 weeks also, and a final product expected in June.

I mean, is there something that you know that other people are not aware of?

By the end of 2014, when NEM might deliver some finished product, distribution of NXT won't be an issue, as at current low prices a lot of people are buying. They'll be buying even more when Assets Exchange is released (in test net now). I don't see NEM as any meaningful competition of NXT.

mannn but you haven't even seen my coin yet ! Its' going to blow all these turkeys out the water!   ~easy!!!