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Author Topic: opinions, warnings, optimism about NXT?  (Read 725 times)
julestheminer (OP)
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February 16, 2014, 02:11:16 PM
 #1

I've heard a lot about it, I've read a little, now I want to know what people think about NXT and it's PoS system. Is it a good idea? Is it going to be a flop? Why? I personally like the concept but I'm a little confused about it. Anyone up for a discussion?

PS: don't flame.
WeTrustInBTC
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February 16, 2014, 02:18:55 PM
 #2

NXT is scam!!

We trust only in BTC
antonioc
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February 16, 2014, 02:42:04 PM
 #3

Isn't that what was said about bitcoin, even years after it's release?
Bitcoin was a genius idea and so is the second generation NXT.
julestheminer (OP)
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February 16, 2014, 02:59:36 PM
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Isn't that what was said about bitcoin, even years after it's release?
Bitcoin was a genius idea and so is the second generation NXT.
I do think it might be a good idea. I like the concept of it not consuming assloads of electricity, but is it as secure? How do we know if an individual didn't mess up forging a block? Does every client check every block for authenticity?
I am also having a bit of trouble grasping the intent of the POS forging mechanism. Wouldn't it encourage hoarding? Is hoarding bad?
I HAVE A LOT OF QUESTIONS

NXT is scam!!

We trust only in BTC
ylols
elavenil
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February 16, 2014, 03:07:36 PM
 #5

I am hearing it first time. Nxt=nextcoin?

julestheminer (OP)
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February 16, 2014, 03:14:31 PM
 #6

Yes. http://www.nxtcrypto.org/
It seems to be a buzz around town because there is no mining. Owning a lot of NXT gives you a big chance of a block reward. Everyone has a chance.
antonioc
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February 16, 2014, 03:44:58 PM
 #7

Here are some links I follow:
https://forums.nxtcrypto.org/
https://nextcoin.org/
http://nxtcoin.blogspot.cz/

A few videos:
http://www.youtube.com/watch?v=ktMGC-Nq9Zo
http://www.youtube.com/watch?v=w1FTzBjy_8Q
http://www.youtube.com/watch?v=zALTChPsXhQ

You are not too late. It is just starting, NXT will be huge.
keva
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February 16, 2014, 05:00:10 PM
 #8

I've heard a lot about it, I've read a little, now I want to know what people think about NXT and it's PoS system. Is it a good idea? Is it going to be a flop? Why? I personally like the concept but I'm a little confused about it. Anyone up for a discussion?

PS: don't flame.

Nxt should be better than Bitcoin
Sonny
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February 16, 2014, 05:46:55 PM
 #9

I've heard a lot about it, I've read a little, now I want to know what people think about NXT and it's PoS system. Is it a good idea? Is it going to be a flop? Why? I personally like the concept but I'm a little confused about it. Anyone up for a discussion?

PS: don't flame.

Nxt should be better than Bitcoin

Care to explain a bit why you believe it is better than bitcoin?
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