Topic: WTF is happening with NXT? Fucking Nothing!!! - page 5. (Read 9014 times)

Yes I've been familiar with MS for some days now, since Ora mentioned it.  There's other coins that are coming out with a similar mechanic or so they claimed.  This stuff is all buried all over the announcement section.

That is where MS is coming out.

Well then you guys should brainstorm a distribution model which works better.   NXT case of handing over huge amounts to random people just leads to dumping.  Even NEMstake broad distribution saw decline like 60% from peak (not as much as NXT going from 90 to 18).


if we look at the list of coins then clearly the only winner in 2014 has arguably been Ripple, where most of the Ripple is held internally by a tiny small group who signed contracts stating they couldn't dump or sell.  In the real world a lot of initial stakeholders of things cannot even sell until a real IPO some 3-10 years down the line.

UP started trolling Nxt in January when he became upset about the distribution, this is the main narrative Taunsew tried to create for months using the same date. He tried to paint it as a 'surprise to the community' and a cause for the decline in price. Funny he mentions Come-from-Above as I believe that is also Taunsew's sock puppet. Come-from-Above only trolled NEM towards the end before quieting down again.


In a world of crypto and tor, you won't get solid evidence. Especially from someone who concealed their identities for so long (unless they make a stupid mistake of course  ). But juries aren't asked to say for certain if someone is guilty, they are asked to consider if a burden of proof has been met. Beyond reasonable doubt, balance of probabilities. My own experience of UP in Jan and Tuansew since gave me the feeling they were linked. CfB's claim, his care and diligence in other cases (Bluemeanie), his conduct in crypto relating to transparency and the importance he places on his own reputation. This is more than enough for me. You are free to disagree.

Let me quote something from the article incase you are a "topic reader"

“The reason for non-reproducible builds is that the jar packaging tool includes time dependent information in the jar archive, which depends not only on the timestamps of the class files being packaged but the time the package is built too. Different javac compilers and on different platforms may also result in different class files.”

This claim was also made by many other members of the NXT community, but it may not be completely accurate. Garzik was quick to point to a tutorial on how to create a deterministic JAR. The tutorial also pointed out that different builds of the JAR need to be made with the same compiler, so that aspect of Jean-Luc’s claim seemed to be accurate. It was at this point that it became clear that Garzik’s concerns were more about the centralization of the development process than anything else. This point of view was evident in one of Jeff’s earlier posts:

What say you now?

I wasn't born yesterday. 

Garzik on twitter said he compiled the hashes and said it doesn't match.  I think the rest was allegations.  

I see zero proof of a scam in that article.

But Jeff Garzik's points about NXT are reasonable.

You got nearly 7 billion unique initial stakeholders? Impressive.


If no one is calling Bitshares distribution unfair, it is because: you haven't had enough success, haven't been around long enough to have multiple waves or users or there isn't much interest. Or some combination. You are still in a honeymoon period.

No disrespect towards you, but i have not seen CFB commenting on NEM except maybe he asked for POI whitepaper, unless i missed something that you can point out. and by the way, who started this? CFB? What kind of immature comment... I leave you to your justification.

Good one, Daedelus! 

Because it is unfair to ask people to invest heavily in NxT when it had nothing to show. The entire distribution design of NxT is unfair. A crypto shouldn't distribute their entire coin supply at day 1. That's unfair, I refuse to invest in any crypto that does that.

There should be a reasonable long distribution period, or an inflation schedule toward a final cap.

With NxT, basically anyone that didn't get in on day one, will have to purchase NxT from an early adopter, instead of simply buying from coin supply.

I believe this is the main reason NxT is often called a scam/unfair. You could look to Bitshare's distribution model for a fair distribution, the distribution was done over the period of several months, with half PoW distribution, half donation based. Also it now has an inflation schedule toward a final cap.

http://fortune.com/2014/10/24/bitcoin-fraud-scam/

This is fun

Anyone who believes UtopianFuture left crypto, or these forums, after being caught and admitting to have multiple sock puppets is a fool.

Bitcoin sounds like a scam to the general public. So?

https://www.cryptocoinsnews.com/bitcoin-core-developer-jeff-garzik-believes-nxt-is-a-scamcoin/

CfB is just being a troll and a bully but not at me but towards NEM.  Are we surprised this is coming from a coin which Jeff Garzik thinks is full of scammers?

   I have a lot of other coins where my percentage of that total supply is higher than my total share in NEM and I don't see him mention them.  It's clear that CfB is just trying to burn NEM and if I wasn't around then he would be doing some other avenue of attack.

It's difficult to have any meaningful amount of NEM because of the distribution to 3000 stakeholders.  This is in contrast to CFB who at minimum took 5% of NXT to an unknown larger amount.




His revelation was somebody's text analysis, he paid $1000 for if I recall (profit incentive), where the guy likely cherry picked the variables so he would get his money.  Only some sample (not the total package) was released and it said I could be UF but doesn't mean 100%.  This is just as bad as all those "text analysis" about who Satoshi is and the results are a dozen different people from all over the world.   There was other concrete evidence who UF was and it was clear I'm not him.  

This is the second time I've defended myself over this and I will not let it happen a third time.  If CfB continues about this then he could be on Krokodil.  I'm not going to defend myself for 4 pages because I know who I am and frankly don't care enough to entertain dorks.

There were some speech analysis which CFB offered some bounty for it. I think that is the one.

Sell and buy cheap NODE 

+1

Just sell your coins and move on, I have some open buy orders @ bter be my guest