Once you control 50%+1 of the votes, you vote for forks that give you equal or more voting power.
Except nobody has done this yet. Other than that, you're mostly right In theory you can do a lot of things.
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I heard they planned to release 1.4 mid-November for test net with the Monetary System feature + something else. Add 3 weeks of bugfixing and 1 week for everyone to upgrade and no later than mid-December we can realistically expect 1.4 features to kick in for live net. Be sure to follow https://nxtforum.org/nrs-releases/
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It may be a revelation to some of you guys, but PoS 1 != PoS 2 != PoS 3. In other words PoS 1 and PoS 2 could be vulnerable and #3 implementation of PoS is not.
PoW cryptos are all copied from Bitcoin PoW model though. If you know the flaws of one PoW crypto, you know the flaws of them all.
PoS cryptos are under testing now, another year or two and we'll be much closer to learning which PoS implementation is the champion.
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I'd rather be the stupidest of the bitcointards than the smartest altTard on these forums.
At least I won't end up dancing for nickels in the street when the dust settles.
Blind faith works. Until it doesn't. Investment 101 rule #1: diversify.
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Crypto is either decentralized or it's not worth switching on a computer for.
What you talk about already exists in many varieties and is centralized, any fiat currency or credits issued by a company fit what you just described.
Countries could use the Blockchain technology to track EVERY SINGLE thing you buy via the blockchain.. The ablity to oppress people with the blockchain is a very real and horrible thing. I have a feeling before I die there will be wars fought over this(There must be or freedom dies)... civil ones... when govs attempt to implment this on their people under the idea of "protceting you from terrorism" They already track everything you buy through centralized systems (credit cards, banks), why go through all the hassle to maintain a blockchain? There is no advantage for them here.
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URO is a weird name anyway.
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What would be their motives to issue this currency and what are the advantages for these entities compared to what they issue now? PoS is fine, but it has to be decentralized or it's not worth it. A company or government aren't interested unless they can control most of the supply AKA centralized (not worth it, same as what we have now with fiat currencies).
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There is no proof you're not lying.
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Crypto is either decentralized or it's not worth switching on a computer for.
What you talk about already exists in many varieties and is centralized, any fiat currency or credits issued by a company fit what you just described.
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? I have some NXT on Cryptsy.But I never try to withdraw. What problem about it ? Try to withdraw and you may find out )
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I only deal in facts, get back to me when a crypto chat app gets more than 10,000 downloads. Till then its a fail.
Google didn't update stats yet.
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You chat app guys are delusional. Check Google store you guys didn't get 5,000 downloads and thats with the backing of all the NXT community. Newsflash you won't get more than 10,000, 20,000 tops. People already use enough chat apps they don't want another. You guys are running on pure hype that is highly unlikely to be realized.
Well well well, who is here, rabbiter spreading FUD. Why don't you go promote Qora which is just about "to overtake NXT"?
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Is Spoetnik from the gubermint and here to help us? Please discuss.
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From Ntx.org .... and just keep your Nxt wallet open and online, you are forging! Forging is making the Nxt network stable and decentralized. When you are lucky, you will be able to generate a block and you will earn all the fee inside that block Sounds great but uehhh.....no mining software and / or hardware.....just the wallet?!?! Yes, just the wallet, to solo forge successfully you need at least 50k NXT (~$1000), the more you have - the better chance you have to generate a block (with 50k you will hit a block every 2 weeks on average). If you have less than 50k NXT, better lease to the forging pool so you don't get frustrated that you don't generate a block for a long time and the pool will calculate your average contribution. Leasing your balance to a pool means you're in full control of your NXTs, you only give away the forging power to the pool, not the actual coins.
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I have a question on using Counterparty. Say if I set an order to buy an asset, do I need to stay logged in and wait for someone to log in and match the price or can I log out and then come back and find my order executed if someone matched my price?
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daxiake,
why don't you write in Chinese, and someone from China with better English will translate.
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What do people think of NXT coin?
It's one of few alternatives to Bitcoin, designed to fix Bitcoin's flaws and bring new use cases to the crypto currency world.
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Withdrawals are instant at bter.com
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