I'll just put this here
link:
http://wiki.nxtcrypto.org/wiki/BCNext's_Plan"Part Three - by BCnext
Bitcoin was a genius invention, but its implementation became corrupted by people whose aim was to make money – not bitcoins, but dollars.
BCNext was working on a project that required special conditions for its existence. He hoped that Bitcoin would change society and prepare ground for the project. Half a year ago it became crystal clear for him that Bitcoin, as an idea of trustless money, had failed. A fix was required, and it came in the form of Transparent Mining. "Transparent" is the key word here: it changes the focus from "trust no one" to "don't let anyone cheat", because any cheating becomes obvious very quickly (as soon as allowed by network latency).
Nxt is just a work-around. It was launched to win more time, and to conduct an experiment that was supposed to show if society is ready for BCNext's main project. He thinks that society can't be completely decentralized, and Nxt will help to measure the level of decentralization after which a society can't function as a whole. Bitcoin relies only on math, but math can't solve problems arising because of the illogical nature of the man. Mining in Nxt relies on the cooperation of people, and even forces it. Without cooperation, Nxt becomes weak and can be easily attacked. It's like a system in unstable equilibrium. If people stop caring about cooperation, Nxt will fail very quickly.
Now that you know why Nxt was created, you should choose which path to follow. The easiest one is to repeat the history of Bitcoin in the hope that something will change. The alternative is to implement Transparent Mining and try to handle people's imperfections. The latter can't be done with pure math, and even if you manage to find some applicable laws, you can't be sure that those laws won't change in the future.
BCNext has departed permanently.
He doesn't feel responsible for the future of Nxt. He implemented an idea that was obvious, but nobody else tried to do it (maybe because the creation of a Bitcoin clone was much easier).
One day he will return with his main project, under his real name. Don't try to learn the real identity of BCNext. He intentionally copied the styles and ideas of different people. If you think you've found him, you are likely wrong. BCNext never existed. This "sock puppet" was created only for Nxt, and will never appear again.
The plan always was very simple - to show a path that very obvious but was avoided for some reason. BCNext doesn't pretend that he possesses sacral knowledge and knows what is awaiting in the end. You are left on your own. Good luck."
