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Author Topic: [Speculation] NXT  (Read 1527 times)
Maconi (OP)
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December 07, 2013, 12:10:14 AM
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So the source code hasn't been released, it can't be mined, the genesis block is owned by mostly unknown "investors", and the only supported exchange is one specifically made for the coin.

Is NXT really legit?  Huh

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December 07, 2013, 12:18:43 AM
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I'm "investor", and I'm not uknown. I'm frga13  Cool
lol
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December 07, 2013, 12:21:26 AM
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Set up an account I'll give you some!
Sparky_eMunie
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December 07, 2013, 12:44:13 AM
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Parts of the source code have been released:

https://bitcointalk.org/index.php?topic=352286.0

Complete source is on schedule for 3rd January.

Radix - just imagine - radix.global
Maconi (OP)
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December 07, 2013, 12:47:38 AM
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I have an account 6654691345770853954 (although no NXT) I just didn't know if everyone was jumping on it just because it's new or if it's actually legit.

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Sharky444
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December 07, 2013, 01:29:50 AM
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and the only supported exchange is one specifically made for the coin.

The dgex.com exchange was not made for Nxt, it was selling some other coin before Nxt came out.

Radix - just imagine
micah13433
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December 07, 2013, 01:58:52 AM
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Nxt is a pretty sweet system.  Cool
MadCow
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December 07, 2013, 02:15:03 AM
 #8

NXT is the only crypto coin ready for mass adoption by regular people. Once a few more public nodes are on the network, regular people will be able to walk into any internet cafe and access their NXT account as easy as gmail or ebay.

There is obviously a security trade-off with using brain wallets, but soon some bright spark will offer a public facing node with some added security features on top of NXT. Once that happens regular people (i.e. not hard core crypto freaks and computer nerds) will naturally go for the most user friendly crypto that has achieved a stable subjective value among its users. That will be NXT.

Bitcoin and the others are just too difficult for regular people to use.

NXT is easy - just go to a public node and enter your password.

My grandmother can use hotmail, and she can use NXT too. She couldn't download and install a crypto client in a million years.
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December 07, 2013, 02:17:51 AM
 #9

In light of the recent success of this forum and NXT in general, I would like to host the first Giveaway/Fundraiser.
http://nextcoin.org/index.php/topic,275.msg1721.html#msg1721
Spread the Word!

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December 07, 2013, 04:48:11 AM
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NXT is the only crypto coin ready for mass adoption by regular people. Once a few more public nodes are on the network, regular people will be able to walk into any internet cafe and access their NXT account as easy as gmail or ebay.

There is obviously a security trade-off with using brain wallets, but soon some bright spark will offer a public facing node with some added security features on top of NXT. Once that happens regular people (i.e. not hard core crypto freaks and computer nerds) will naturally go for the most user friendly crypto that has achieved a stable subjective value among its users. That will be NXT.

Bitcoin and the others are just too difficult for regular people to use.

NXT is easy - just go to a public node and enter your password.

My grandmother can use hotmail, and she can use NXT too. She couldn't download and install a crypto client in a million years.

In its current form its not that easy to use. Install Java, extract nxt.zip, run a special command line command or setup a batch file, hope that it works.

NXT is definitely not ready for the casual user.

Personally, I would never use my account on a public machine. That is a disaster waiting to happen.
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