I don't see any logical reason to change forging. We spent so much efforts explaining that Nxt is not about forging and the income from it. We are also contemplating lowering down the fees and making forging income insignificant. So all this stuff about big stakeholders' forging will become irrelevant.
That's a good point. We should lower the fees to 0.1 then eventually lower it to 0.01. The point of forging should not be to make money, but to protect the network -- especially if you are invested in Nxt, it's an incentive to protect it.
Exactly!
That is what BCNext wants. Forging will eventually just be a spam prevention mechanism. It was put in there initially to be something that is somewhat familiar to miners. Now that we have enough NXT community, we dont need to keep the transition mechanism.
An internet that charges a fee per minute would not be the Internet, it would be compuserve
A NXT that charges any significant fee would not become the NXT economy, it would remain a "coin"
NXT allows us to implement things that combine money with storage, exchange, community, etc. However,with the current 1 NXT fee and even with 0.1 fee, it is too expensive for any applications that use the blockchain too much. This is not good, as the blockchain automatically solves the problem of getting peer verified blocks in a decentralized way.
Forging is NOT meant to be a way to make money, it is simple spam prevention. Forging is spam prevention.
Why would anybody expect to make money from a spam prevention mechanism?
All we need are a dozen businesses that need a few dozen servers using NXT and that gets us the critical mass NXT infrastructure. What if we had thousands of businesses?
We will have coins on top of NXT that will make miners happy. Please unleash the full potential of NXT by shrinking fee to as small as possible. Spam prevention, no more.
James
