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Topic: opinions, warnings, optimism about NXT? (Read 734 times)

hero member
Activity: 868
Merit: 1000
February 16, 2014, 12:46:55 PM
#9
I've heard a lot about it, I've read a little, now I want to know what people think about NXT and it's PoS system. Is it a good idea? Is it going to be a flop? Why? I personally like the concept but I'm a little confused about it. Anyone up for a discussion?

PS: don't flame.

Nxt should be better than Bitcoin

Care to explain a bit why you believe it is better than bitcoin?
newbie
Activity: 26
Merit: 0
February 16, 2014, 12:00:10 PM
#8
I've heard a lot about it, I've read a little, now I want to know what people think about NXT and it's PoS system. Is it a good idea? Is it going to be a flop? Why? I personally like the concept but I'm a little confused about it. Anyone up for a discussion?

PS: don't flame.

Nxt should be better than Bitcoin
newbie
Activity: 26
Merit: 0
February 16, 2014, 10:14:31 AM
#6
Yes. http://www.nxtcrypto.org/
It seems to be a buzz around town because there is no mining. Owning a lot of NXT gives you a big chance of a block reward. Everyone has a chance.
full member
Activity: 182
Merit: 100
February 16, 2014, 10:07:36 AM
#5
I am hearing it first time. Nxt=nextcoin?
newbie
Activity: 26
Merit: 0
February 16, 2014, 09:59:36 AM
#4
Isn't that what was said about bitcoin, even years after it's release?
Bitcoin was a genius idea and so is the second generation NXT.
I do think it might be a good idea. I like the concept of it not consuming assloads of electricity, but is it as secure? How do we know if an individual didn't mess up forging a block? Does every client check every block for authenticity?
I am also having a bit of trouble grasping the intent of the POS forging mechanism. Wouldn't it encourage hoarding? Is hoarding bad?
I HAVE A LOT OF QUESTIONS

NXT is scam!!

We trust only in BTC
ylols
newbie
Activity: 15
Merit: 0
February 16, 2014, 09:42:04 AM
#3
Isn't that what was said about bitcoin, even years after it's release?
Bitcoin was a genius idea and so is the second generation NXT.
newbie
Activity: 24
Merit: 0
February 16, 2014, 09:18:55 AM
#2
NXT is scam!!

We trust only in BTC
newbie
Activity: 26
Merit: 0
February 16, 2014, 09:11:16 AM
#1
I've heard a lot about it, I've read a little, now I want to know what people think about NXT and it's PoS system. Is it a good idea? Is it going to be a flop? Why? I personally like the concept but I'm a little confused about it. Anyone up for a discussion?

PS: don't flame.
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