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Topic: Poll result: NXT is a proper cryptocurrency - page 23. (Read 24859 times)

legendary
Activity: 924
Merit: 1000
September 07, 2015, 11:27:55 AM
#53
You're totally welcome to hate on Java, but as Java is an industry standard, that's just a matter of personal opinion and taste, like choosing between GM or Ford.

But NO-ONE should buy GM! SCAM! SCAM! BAILOUT!!!! /sarc
legendary
Activity: 924
Merit: 1000
September 07, 2015, 11:26:36 AM
#52
NXT is a scam.  It's like Supernet 1.0.  Promises to do everything and then make dinner, but actually still does nothing significant.

Even if it isn't right now, NXT may become a scam because it is proof of stake and the devs can move/create coins as they see fit.

Also, Java's attack surface...GTFO n00bs.   Cheesy

Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

Instantdex looks very promising, at least what the demo videos show. As far as I know it'll be ready soon(tm)...

WTF is an "Instantdex" and why would I want one on my computer?

I'm not installing bloated compromised Oracle.Java crapware just so I can run NXT's bloated crapware on top of it.   Tongue

well, you're calling NXT/supernet scam yet you're not able to do some research to form an educated opinion. am I feeding a troll?

Yep. I fed him a while back on another thread, and he ended up clapping me on the back for being a good sport. Smiley
hero member
Activity: 854
Merit: 1001
September 07, 2015, 10:15:19 AM
#51
Here's a selection of information on Java and its security issues:

https://en.wikipedia.org/wiki/Java_security

https://en.wikipedia.org/wiki/Criticism_of_Java

A comparison of Java versus C++:

https://en.wikipedia.org/wiki/Comparison_of_Java_and_C%2B%2B

Going through all of this brings me to the conclusion that Java could have handled security issues better in the past, but that current Java security is solid (at least until a new exploit is discovered... Grin ). I don't see Java as being much more vulnerable than any other coding language, and so far no-one has managed to come up with (and use) a workable exploit within the Nxt code.
Plenty of talented people have tried to break/exploit Nxt over the last 2 years, but Nxt is secure. (so far   Grin)

On the 'bloated' remark: that's in the eye of the beholder: no coder is ever going to admit to liking another coders work.
take a look at the debate on Bitcoin code for comparison:
https://bitcointalksearch.org/topic/bitcoin-source-code-is-a-giant-mess-225163

So, yeah, you can call Nxt 'bloated' but other people take a much different view, one that fits pretty well with your quote:
Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

You're totally welcome to hate on Java, but as Java is an industry standard, that's just a matter of personal opinion and taste, like choosing between GM or Ford.

As for InstantDex/SuperNet: these are both Nxt-based projects, so not part of the Nxt core. Criticising Nxt for what SuperNet is doing is kind of like hassling Bitcoin for what Factom gets up to.......or you could even claim that Bitcoin, Litecoin, BTCD and Doge are all crap if you like, as they are also integrated in SuperNet.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
September 07, 2015, 03:49:48 AM
#50
NXT is a scam.  It's like Supernet 1.0.  Promises to do everything and then make dinner, but actually still does nothing significant.

Even if it isn't right now, NXT may become a scam because it is proof of stake and the devs can move/create coins as they see fit.

Also, Java's attack surface...GTFO n00bs.   Cheesy

Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

Instantdex looks very promising, at least what the demo videos show. As far as I know it'll be ready soon(tm)...

WTF is an "Instantdex" and why would I want one on my computer?

I'm not installing bloated compromised Oracle.Java crapware just so I can run NXT's bloated crapware on top of it.   Tongue

well, you're calling NXT/supernet scam yet you're not able to do some research to form an educated opinion. am I feeding a troll?

I looked at a screenshot, it seems Instandex offers no new functionality.  It's just a presentation layer created at exhorbitant cost in terms of attack surface.

Can you explain in a sentence or two what I'm missing?  Or must you resort to great walls of glaze-over inducing techobabble like jl777?

Are you denying Oracle.Java has all kinds of 0days, TLA backdoors, and attack surface in general?

Or do you expect me to just forget all about that because you prefer to gloss over the Java security issue by calling me a troll?
legendary
Activity: 1764
Merit: 1000
September 07, 2015, 03:30:35 AM
#49
NXT is a scam.  It's like Supernet 1.0.  Promises to do everything and then make dinner, but actually still does nothing significant.

Even if it isn't right now, NXT may become a scam because it is proof of stake and the devs can move/create coins as they see fit.

Also, Java's attack surface...GTFO n00bs.   Cheesy

Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

Instantdex looks very promising, at least what the demo videos show. As far as I know it'll be ready soon(tm)...

WTF is an "Instantdex" and why would I want one on my computer?

I'm not installing bloated compromised Oracle.Java crapware just so I can run NXT's bloated crapware on top of it.   Tongue

well, you're calling NXT/supernet scam yet you're not able to do some research to form an educated opinion. am I feeding a troll?
legendary
Activity: 1181
Merit: 1002
September 07, 2015, 02:40:58 AM
#48
Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

AFAIK Nxt lines of code < Bitcoin lines of code
(with "<" meaning way smaller)
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
September 07, 2015, 01:42:42 AM
#47
NXT is a scam.  It's like Supernet 1.0.  Promises to do everything and then make dinner, but actually still does nothing significant.

Even if it isn't right now, NXT may become a scam because it is proof of stake and the devs can move/create coins as they see fit.

Also, Java's attack surface...GTFO n00bs.   Cheesy

Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

Instantdex looks very promising, at least what the demo videos show. As far as I know it'll be ready soon(tm)...

WTF is an "Instantdex" and why would I want one on my computer?

I'm not installing bloated compromised Oracle.Java crapware just so I can run NXT's bloated crapware on top of it.   Tongue
legendary
Activity: 1764
Merit: 1000
September 07, 2015, 01:37:36 AM
#46
NXT is a scam.  It's like Supernet 1.0.  Promises to do everything and then make dinner, but actually still does nothing significant.

Even if it isn't right now, NXT may become a scam because it is proof of stake and the devs can move/create coins as they see fit.

Also, Java's attack surface...GTFO n00bs.   Cheesy

Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

Instantdex looks very promising, at least what the demo videos show. As far as I know it'll be ready soon(tm)...
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
September 07, 2015, 12:41:30 AM
#45
NXT is a scam.  It's like Supernet 1.0.  Promises to do everything and then make dinner, but actually still does nothing significant.

Even if it isn't right now, NXT may become a scam because it is proof of stake and the devs can move/create coins as they see fit.

Also, Java's attack surface...GTFO n00bs.   Cheesy

Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
September 07, 2015, 12:05:12 AM
#44
There is obviously a lot of uninformed users. Many are still influenced by the early distribution fiascio and still spreading that info and mainly not understanding how different the nxt ecosystem is right now.

first impressions are important.

Once there is any shadiness going on around a community it is hard to recover from.

Ask the Solidcoin devs.
sr. member
Activity: 350
Merit: 252
September 06, 2015, 11:02:06 AM
#43
There is obviously a lot of uninformed users. Many are still influenced by the early distribution fiascio and still spreading that info and mainly not understanding how different the nxt ecosystem is right now.
sr. member
Activity: 365
Merit: 251
September 06, 2015, 09:54:07 AM
#42
this is  non-mineable coins
How is that relevant to whether it is a scam? Mineable coins can equally be scams, because they massively favour early adopters.

Quote
and developer can create new coin every day without think about maximal coin
No, they can't. The number of NXT coins is fixed. A developer who tried to change that would not have their software accepted by stakeholders.

(I'm assuming you aren't talking about the Monetary System feature of Nxt, since that's not restricted to developers. And because I doubt your knowledge of Nxt extends to the MS.)
sr. member
Activity: 365
Merit: 251
September 06, 2015, 09:49:22 AM
#41
As a currency, well, a currency is a....consensus mechanism for trade/barter between individuals.  In order for it to accomplish that goal, hundreds of thousands, millions, billions of people have to own it.  The fact that most NXT was probably issued to an amount of people you can count on two hands originally, means the coin creator would need to be limited to two brain cells to think that's a valid or good idea.
It has to start somewhere. Nxt started with 72 founders. That's enough people that it doesn't matter if some of them are duds, and few enough to minimise bystander apathy. The problem with coins that launch with thousands of users is that most of those users will sit idle waiting for someone else to make their coins worth something.

Anyway, that's ancient history. It's clear that the Nxt developers have put in a vast amount of work since it was launched; way more than makes sense if it was founded as a scam. And the market price of NXT has been low for long enough that anyone could afford to buy some, so that initial distribution has long been irrelevant. I don't think there's any convincing argument that Nxt is a scam now.
sr. member
Activity: 350
Merit: 252
September 02, 2015, 05:32:08 PM
#40
seems like nxt is the underdog in the 2.0 space...

quiet, calm, and moving along like a sturdy turtle.
full member
Activity: 134
Merit: 100
September 01, 2015, 06:33:18 PM
#39
Iam going to choose no, because i think they're have a good purpose and have a good dev
just imho
sr. member
Activity: 658
Merit: 250
September 01, 2015, 08:55:26 AM
#38
You people still talking about Nxt distribution are retarded. Period.

It think Nxt being a part of supernet is only helping it
sr. member
Activity: 350
Merit: 252
I just bought some more NXT today, I really love the concept, so I`ll support it with my AVATAR and the profile text.

Good luck with building a better crypto-platform!

how much did you buy? might load up on some too. prices seem undervalued having that coin shuffling is coming out in a few months.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
I just bought some more NXT today, I really love the concept, so I`ll support it with my AVATAR and the profile text.

Good luck with building a better crypto-platform!
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
I like NXT, even financially it is undervalued at least 550x (to on par with BTC)
It seems that even Ethereum took a lot of thought from NXT
jl777 is a controversial figure, but I don't believe NXT revolves around him and that it's a negative feature per se
hero member
Activity: 854
Merit: 1001
So, looks like the general consensus is that NXT isn't a scam.....yay!



Two years of hard work from a lot of dedicated people is starting to pay off.... Grin
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