Pages:
Author

Topic: Sorry NXT, but is anyone else making a 100% PoS / No-mining altcoin? - page 2. (Read 1470 times)

newbie
Activity: 56
Merit: 0
Mint will be a pure 100% POS coin after the first 5 weeks of mining.
newbie
Activity: 5
Merit: 0
The number of people who have a legitimate complaint about the Nxt distribution is in the single digits. Those are the people who wanted to invest but didn't get a chance because investment closed earlier than originally announced. The initial investment period was actually open for quite a long time and the developer got sick of waiting. All the other FUD you see about Nxt is from miners who don't like anything they can't mine, and competitors trying to pile on. I would suggest that anyone who overlooked Nxt originally should take a second look and decide for themselves.
sr. member
Activity: 336
Merit: 260
That's true, but it also appears the controversial distribution pushed away a significant number of users. I'd just like to see if someone else can come up with another way to distribute. I'll probably invest in both. I like this 100% PoS idea.  Grin

You can never have a fair distribution, because some people will always be late to the party Smiley I bought some at the exchanges and think it's still cheap. If you look at bitcoin/litecoin/dogecoin distribution, they are no fairer, and now that there are Scrypt ASICs, coins will go to whoever has more dough to buy that hardware. There is no such thing as 'fair' when money is involved. Just get over it and buy some or regret not buying later Smiley
hero member
Activity: 700
Merit: 500
NXT is the bitcoin of PoS cryptocurrencies. You can be an early adopter and buy now at a few cents, or wait and buy later at $1+. You can clone it, but you can't clone infrastructure/network/websites. Same goes for Bitcoin, it's ahead of altcoins, because they can clone the code, but can't clone infrastructure.

That's true, but it also appears the controversial distribution pushed away a significant number of users. I'd just like to see if someone else can come up with another way to distribute. I'll probably invest in both. I like this 100% PoS idea.  Grin
sr. member
Activity: 336
Merit: 260
NXT is the bitcoin of PoS cryptocurrencies. You can be an early adopter and buy now at a few cents, or wait and buy later at $1+. You can clone it, but you can't clone infrastructure/network/websites. Same goes for Bitcoin, it's ahead of altcoins, because they can clone the code, but can't clone infrastructure.
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
2 years ago similar user:

I'm good with a BTC clone with no loaded early adopters. Read suggestions of a Script-SHA-whatever mining algorithm.

Thanks.  Grin
hero member
Activity: 700
Merit: 500
I'm good with a NXT clone with a different kind of distribution. Read suggestions of a PoW then changing into PoS.

Thanks. Grin

Pages:
Jump to: