Is NXT Nextcoin less secure as it does not use proof of work at all ?

Without proof of work does it mean that there is no
possibility of a 51% attack being successful ?

What if more then half of the founders collude together...
could they game the system ?

Please someone answer as i am quite tempted to invest
as NXT don't need high powered computers to run.

Is this a known bug?
looks like full members also got same problem
https://bitcointalk.org/index.php?topic=335180.0

Problems with the database time stamp
 

Me too:
 I tried to post in another thread but it didn't "go through".

"" Posted again, said I had already posted that.

Waited the 360 seconds and tried again.  Now it gives me a database error.

Wonder if this post will go through.

All I can do is edit this post.  This is my only outlet to this forum until I get more posting privileges.""

Fingers crossed ...