Topic: Poll result: NXT is a proper cryptocurrency - page 24. (Read 24859 times)

are you kidding ? NXT Vs Etherum ?

NXT team deliver their promises too.

They have a good communication too.

They have a lot of features. And they constantly improve NXT.


So don't speak about something that you don't know. Now, if you want to speak about Ethereum, go on an Ethereum thread, we don't need your shit here 

The butthurt is real. No one wants to buy NXT because they can smell a rat.

Ethereum has a transparent and open team.  They have good communication and marketing too.  They give off a trustworthy vibe.  They also deliver on their promises.

What does NXT have outside of threads on bct?

Joking I guess . Ethereum is something in alpha state. Barely working, there's some heavy development on it therefore at this moment it's full of bugs and there are no meaningful use for it at all. On the contrary NXT is a working system with all the features (what ETH will have sometimes in the future) completed, up and running.

Ethereum is far from being in good shape in my opinion. the only very interesting thing about ETH at the moment is Augur.

i dont think so..

Oh my god here we go again. Ethereum fanatic numero uno is in the house. Heil Ethererum and all the rest is BS right?
Man you're sooo embarrassing. Right now Ethereum is not more than just pure bla bla bla. Deliver guys!! Deliver!!!
Then we can start talking.

People would use the school coin at school, so it's a closed community coin that I control. I want to peg the value so the students perceive it like regular money with a 'constant' value over the year. Being awarded school coins has more psychological power than school points, and students would naturally exchange coins between themselves more readily than points (kids understand what money is from a very early age). Many schools have reward point systems but they never really take-off because the students don't perceive the points as having any value, and administering them is a nightmare. A school crypto coin would stand a better chance, and administration is easy using the NXT software.

May or may not be a scam but it's definitely OBSOLETE technology compared to Ethereum.

It could be non-minable or mineable (mintable) coin as well. Indeed, a developer can create as much coins as they want as long as they can pay the fee for creating one but If they make coins what isn't interesting or have no purpose then that's a wasted money.

Why would people use your coin instead of $ or BTC? How do you decide the value of your coin? Why would I pay real money to buy your new token?

this is  non-mineable coins
and developer can create new coin every day without think about maximal coin

Can you imagine a scenario where a small community might want to use the power of a crypto currency that's distributed among them using PoW, but there aren't enough users to ever secure their own PoW network? The community would want to control as much as possible about the coin, so using Bitcoin wont work as most of the variables are already set, and the value is too volatile.

Think hard, and I'm not talking about you personally here either, just a group of people anywhere in the world who might want to use a crypto currency between themselves. I can think of literally millions of cases (my mind is very open), and many use cases don't suit bitcoin.

Bitcoin is cool and worth a lot for what it can do, but it isn't appropriate in every use-case where a PoW coin might be useful, BUT, that's ok because the NXT MS can cater for many other use-cases, including small niche cases, like a school community, workplace, apartment block etc.

How many P2P nodes do you need running 24/7 to secure a PoW network? More than many niche coins could ever guarantee on their own network, so they either use an existing crypto like bitcoin, or start their own MS coin.

I'm currently working on a proposal for a 'school coin', distributed using PoW, with a fixed supply that's reached within 12 months. I also want to peg the value of the coin to 1 cent. This coin would be very useful in a small school community of ~500 students as a 'rewards' system, and I can make it using a NXT MS coin quite easily. AFAIK there isn't any other viable option open to me.

Why would I launch a mineable PoW monetary system (MS) coin that runs on top of the NXT platform when I already have Bitcoin? I'm very open minded and know Bitcoin's worth, thanks.

Completely decentralized and blockchain-enforced pegged currencies (usd, eur, cnd, gold, etc...) without liquidity problems, a whitepaper by Kushti is in the works but the code for v1 is already here

did you know that it's possible to launch a mineable PoW monetary system (MS) coin that runs on top of the NXT platform? You need to open your mind and do more research, NXT is more than a coin, and your love of mineable coins is being catered for!