The Centralized NXT IS BEING DEAD

[Edsemen]

https://bitcointalk.org/index.php?topic=345619.msg5567483#msg5567483

My guess is that what they really want is just a few large players working as a tight group to control the network (it would explain the reason why so few were included in the IPO also - things like 21 BTC are just red herrings to my thinking).

Ok,the truth,

At the just beginning,the 73 holders as centralized node validating transactions.

Now,NXT add more hardcoded checkpoints to make it work.

NXT IS CENTRALIZED to achieve consensus,and NXT network will suspend or rewrite easily without these checkpoints.

Worst design,just copy bitcoin with stake replacing mining hash.

 

When NXT becomes larger, it will not needs too many check points. It is still in early stages, but bitcoin 5 years ago.

[1715128751]

1715128751

[1715128751]

1715128751

[Blocktree]

https://bitcointalk.org/index.php?topic=345619.msg5567483#msg5567483

My guess is that what they really want is just a few large players working as a tight group to control the network (it would explain the reason why so few were included in the IPO also - things like 21 BTC are just red herrings to my thinking).

Ok,the truth,

At the just beginning,the 73 holders as centralized node validating transactions.

Now,NXT add more hardcoded checkpoints to make it work.

NXT IS CENTRALIZED to achieve consensus,and NXT network will suspend or rewrite easily without these checkpoints.

Worst design,just copy bitcoin with stake replacing mining hash.

 

When NXT becomes larger, it will not needs too many check points. It is still in early stages, but bitcoin 5 years ago.

Nothing with time stage,just with centralized checkpoints.

[tokeweed]

Can you make a more detailed post about that?  Something a non-technical person can understand.

[Blocktree]

Can you make a more detailed post about that?  Something a non-technical person can understand.

https://www.reddit.com/r/Bitcoin/comments/2pvt1e/proof_of_work_proof_of_stake_and_the_consensus/

[BurstIncomeAsset]

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

[tokeweed]

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

[BurstIncomeAsset]

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

It has grown 1% the past days, and it is still in the top 10. And I saw many exciting projects coming up on the forum.

[tokeweed]

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

It has grown 1% the past days, and it is still in the top 10. And I saw many exciting projects coming up on the forum.

Rofl.  Ok.

[nxtZen]

To predictors of death of NXT: meet version 1.7.4! Tell about that now that NXT perishes

-Coin Shuffling, a fully decentralized coin mixing, to improve account privacy.
-Account Control for phased transactions, the Nxt equivalent of multisignature.
-Immediate release of certain types of phased transactions on approval.
-Improved block times, 60 s average, long block times now extremely unlikely.
-Account Properties, assigning arbitrary name/value metadata to user accounts.
-Singleton Assets, useful for representing single tradeable objects.
-Dynamic fees, proportional to the relative transaction size.
-Improved Exchange Booth UI.
-Data Cloud, adding a UI and multiple enhancements to the existing Tagged Data feature, to allow decentralized, censorship-free and tamper-proof publication and retrieval of small files, documents, or arbitrary data. This feature is not dependent on the hard fork and will be fully usable immediately on update to this release.

[Edsemen]

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

The price is still high. The market cap is about 8 million dollars. It is still worth more than Monero.

[Blocktree]

To predictors of death of NXT: meet version 1.7.4! Tell about that now that NXT perishes

-Coin Shuffling, a fully decentralized coin mixing, to improve account privacy.
-Account Control for phased transactions, the Nxt equivalent of multisignature.
-Immediate release of certain types of phased transactions on approval.
-Improved block times, 60 s average, long block times now extremely unlikely.
-Account Properties, assigning arbitrary name/value metadata to user accounts.
-Singleton Assets, useful for representing single tradeable objects.
-Dynamic fees, proportional to the relative transaction size.
-Improved Exchange Booth UI.
-Data Cloud, adding a UI and multiple enhancements to the existing Tagged Data feature, to allow decentralized, censorship-free and tamper-proof publication and retrieval of small files, documents, or arbitrary data. This feature is not dependent on the hard fork and will be fully usable immediately on update to this release.

Wake up,dude.
They need these useless features to dump 1000000000 NXT Coins.

[Blocktree]

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

The price is still high. The market cap is about 8 million dollars. It is still worth more than Monero.

Think about 21BTC=1000000000NXT=1 Person=73 Sock puppet.LOL

[Blocktree]

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

It has grown 1% the past days, and it is still in the top 10. And I saw many exciting projects coming up on the forum.

SHIT ASSET.

[Blocktree]

Nxt is doing pretty well these days, i hope the POS currencies will rise this year.

?  Care to explain why?

The price is still high. The market cap is about 8 million dollars. It is still worth more than Monero.

You can easily set price 1NXT=1BTC when holding all coins.

[Blocktree]

Another,be far away from this idot guy Come-from-Beyond.

Another "shit-coin" from the idiot that believes in using "trinary logic".

Who cares really?

(am sure he'll have a bunch of sockies or shills posting here though so get ready to regret that you created this topic)

Not long time ago I opened their thread and in the very last post CfB said that he deleted a few posts. I guess it should be enough proof that the posts are deleted from there - the lead developer, my great Belarusian friend said himself that he deleted them.

You do realise that his only skill is in MMORPG (i.e. social manipulation)?

The guy can't code for shit and has been called out already by others for his "technobabble" (such as the rubbish stuff about Nxt being safe from a NAS attack due to apparently some "Star Trek" technology that doesn't actually exist).

https://bitcointalk.org/index.php?topic=1354220.0;topicseen

[Blocktree]

Loser,this idot guy.
https://bitcointalk.org/index.php?topic=854280.msg13639666#msg13639666

NXT is indeed a scam in which the dozen or so big holders have been systematically unloading millions of coins for almost 2 years -and continue relentlessly- to get out of Dodge as soon as possible  and with the most cash possible; that Jinn whatever thingy was simply another step on the scamy pyramid to distract and give time to the unloading. And this IOTA absurdity is yet another chapter in the continued course in how to scam the most moneypossible from as many idiots as possible.

[commandrix]

I've done business with the NXT team. I wouldn't rule them out yet -- in fact, plans include branding at least part of their platform as a fundraising tool for independent artists.

[Blocktree]

I've done business with the NXT team. I wouldn't rule them out yet -- in fact, plans include branding at least part of their platform as a fundraising tool for independent artists.

ONE = TEAM

LOL,BEST JOKE TODAY!

You really want to fundraise on a fully centralized platform with many checkpoints?

[sadface]

so you made your account just to bash on nxt, blocktree? 2 years of nothing but trolling and insults. that is some serious dedication.

maybe if you have something to say, why don't you join an actual discussion with your real account?

[sofu]

This looks so bullish. Lets see if NXT Market Maker can draw some magic on that chart