lalakies23
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May 31, 2014, 10:14:38 AM |
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How on earth the NXT scamcoin has more votes that the best and original crypto of this system? I guess the most voters have invested on NXT and they are making desperate attempts to raise it's value
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ChuckOne
Sr. Member
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Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
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May 31, 2014, 10:20:30 AM |
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How on earth the NXT scamcoin has more votes that the best and original crypto of this system? I guess the most voters have invested on NXT and they are making desperate attempts to raise it's value Maybe because of this? http://coinmarketcap.com/
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Eadeqa
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May 31, 2014, 10:32:38 AM |
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I despise nextcoin because they say "this cannot be done".
WTF? Can anyone make sense of this nonsense?
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Eadeqa
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May 31, 2014, 10:33:34 AM |
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How on earth the NXT scamcoin has more votes that the best and original crypto of this system?
Nxt is original. I's not a clone.
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ChuckOne
Sr. Member
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Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
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May 31, 2014, 10:35:09 AM |
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I despise nextcoin because they say "this cannot be done".
WTF? Can anyone make sense of this nonsense? Relax Eadeqa. Let him explain what he means.
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JKBtCn
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May 31, 2014, 10:45:12 AM |
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nxt is far superior given its many offerings...
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Percy520
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May 31, 2014, 10:52:16 AM |
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Peercoin is the best!
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timmyd
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May 31, 2014, 10:55:58 AM |
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How on earth the NXT scamcoin has more votes that the best and original crypto of this system?
Nxt is original. I's not a clone. Because nxt isnt a scam coin maybe? If you havnt noticed yet nxt has so much to offer that the other 199 alt coins dont have. we have a massive community and massive dev count. Each day new features are coming to light. oh and we are at payexpo :-)
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sumantso
Legendary
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Activity: 1050
Merit: 1000
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May 31, 2014, 11:00:46 AM Last edit: May 31, 2014, 11:25:33 AM by sumantso |
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DPOS and NXT are practically identical, the only difference is which mechanism is used to pick block producers (both are essentially by stake-vote)
In NXT you can also form forging pools and may lead to Bitcoin style problems. The forging pools with nxt equal the delegates in dpos. This is what makes them equal. Not necessarily. The problem in Bitcoin pools is that they are not limited, and the same problem exists with pooled forging. With DPoS, there is a limit to how much votes each can collect, and any delegate can not dominate; at least openly. If GHASH split into 3 pools with the same combined hashing power but owned and operated by the same entity would that make Bitcoin more decentralized? Difference is the limit is hardcoded in DPoS protocol. While the pools are free to get anything.
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ChuckOne
Sr. Member
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Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
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May 31, 2014, 11:04:58 AM |
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Would somebody be so kind as to explain to me what the difference is between Transparent Forging and DPoS?
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lalakies23
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May 31, 2014, 01:05:24 PM |
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Peercoin the best. All the other all clones.
You are so pathetic you are investing on NXT. It doesn't even have a decent website or a wallet.
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achimsmile
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Activity: 1225
Merit: 1000
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May 31, 2014, 01:14:37 PM |
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Peercoin the best. All the other all clones.
You are so pathetic you are investing on NXT. It doesn't even have a decent website or a wallet.
http://nxt.org/http://nxtra.org/nxt-wallet/now back to topic please.
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griffinriz
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May 31, 2014, 01:24:01 PM |
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Peercoin the best. All the other all clones.
You are so pathetic you are investing on NXT. It doesn't even have a decent website or a wallet.
if you don't know anything about NXT then better don't comment
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Damelon
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Activity: 1092
Merit: 1010
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May 31, 2014, 01:26:05 PM |
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Would be nice if this was less of an advertising thread and more a discussion thread The discussion was very interesting until people started writing oneliners about which coin was "best".
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toast
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May 31, 2014, 05:30:55 PM |
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Would somebody be so kind as to explain to me what the difference is between Transparent Forging and DPoS?
Very little difference. DPOS puts a hard cap on the amount of stake that can be delegated to an address, and you can also delegate your stake *against* an address.
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Hyena
Legendary
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Activity: 2114
Merit: 1015
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May 31, 2014, 07:14:27 PM |
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I despise nextcoin because they say "this cannot be done".
WTF? Can anyone make sense of this nonsense? Relax Eadeqa. Let him explain what he means. I read this part of the OP's post: when asked: "How would you solve problem with scam accusations according to "unfair" distribution NXT to 73 big stakeholders?", BCNext answered: "This problem can not be solved. Even if we had a million stakeholders the rest seven billion people would call this unfair. A world with the money can not be perfect".[1]So that's their excuse for making a scam coin. This is why a PoW hybrid could be seen a more viable option. Alternatively I'd suggest making a PoS coin that makes use of PoB instead of PoW, having PoB stand for Proof of Burn and tied to some existing cool coin such as Bitcoin itself. So just about anyone could generate the stake by destroying some Bitcoins. Then there would never be a scam accusations yet the coin would be 100% PoS. God, I should make my own coin, I'm so smart with all these clever ideas .
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ChuckOne
Sr. Member
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Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
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May 31, 2014, 09:28:41 PM |
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Would somebody be so kind as to explain to me what the difference is between Transparent Forging and DPoS?
Very little difference. DPOS puts a hard cap on the amount of stake that can be delegated to an address, and you can also delegate your stake *against* an address. Hard cap will not help Sibyl attacks? Interesting. What is this against supposed to accomplish? What happens if everybody delegates *against*.
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lg15x
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June 01, 2014, 03:01:31 AM |
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Of course, Peercoin has the best PoS technology. NXT learn a lot from Peercoin, even they use java, but the scenario is very important.
PoS is the innovation of Peercoin, that's the core value. For 2 years operating, Peercoin is very stable and make people believe it is worth of holding. NXT and DPOS still need time to prove their stability.
For NXT, I have to say, you buy then you raise the price for IPO holders. Big IPO holders raise up the price and spend lots of money to advertise NXT, they just want to find more to buy their NXT in high price from them.
Fair distribution of coins are very important, don't forget this is currency.
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Derek492
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June 01, 2014, 03:11:47 AM Last edit: June 01, 2014, 03:37:33 AM by Derek492 |
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Mintcoin's implementation.
Extremely fast 2 minute transactions.
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Stop Mining. Start Minting. Mintcoin [MINT] 5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
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ThePurplePlanet
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June 01, 2014, 04:46:14 AM |
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All PoS coins are backed up misinformation, hiding facts and trolls.
Unlike bitcoin which clearly states all the attack vectors and problems on the wiki. I would prefer fiat than current PoS coins.
If you must choose one choose the one with most trolls and hype.
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