Sometimes I wonder where all the hate comes from...
First it started with "Nxt is not open source!" (hint: it was open source since day one, everyone could decompile the jar files)
Then:"But the code is ugly, it's one large file!" (hint: It did the purpose, and look at it now, it looks very clean and well written)
Then the famous J. Garzik said: "But the hashes don't match!" (hint: If you compile Java with different compilers, hashes usually don't match. Why didn't he just look at the diff of the source files?)
Then: "But it could be attack with Nothing at stake attack!!!!" (hint: kushti wrote a scientific papers incl. hard math that states N@S is not a danger)
Now: "OMG circlejerk scamcoin wtf dickriders"...
Come on guys... seriously
Some Nxt followers may come across as nerdy and sometimes arrogant, but it's just because they try to defend against statements such as the above.
you forgot about the fact that 12 accounts forge all the blocks. its an insider coin. either you are in the club or you dont make money.
Here are the accounts that did all the NXT forging over the last 30 days:
(Forging = 'mining', confirming transactions to secure the blockchain):
https://nxtblocks.info/#section/blockexplorer_chartsI make that 15 "whale" accounts confirming 60% of blocks, with 40% of block confirmations spread out over the little guys.
Seems fair enough, though it could be better. But, still, it's not 12 accounts forging all the blocks, by a long way.
It was never the intention of NXT to make serious money by forging blocks......NXT is a platform, not a simple currency.
People can make money/add value by building applications on top of NXT.....like the Nxtty App:
Please add NXT is a joke, a small circle jerk of nerds who couldn't even get 5,000 downloads for its mess ever app..... as one of the options.
If you're gonna rag on something, get it right. Nxtty is a third party project that utilises some features of NXT.
It's not a NXT core component, but a project in its own right, seperate from NXT.
Whether it succeds or fails has precisely nothing to do with how functional NXT and its network are.
This is like saying that BTC sucks because of Gems.
Heres another good effort:
The most hilarious thing about NXT is the monetary system. It was hyped like crazy with supporters constantly chanting that it would be the thing that could finally take NXT to the moon.
It's literally nothing more than a way to donate NXT to proof of waste miners.
So...do you wanna show me any of this hype?
MS is a good feature, might even be as useful as the Asset Exchange sometime soon, but right now it's a baby.
Though, having said that, there are now something like 760 MS currencies created, and every single one of these currencies represents someone trying to set up their own project, whether it's just for a laugh, or a serious project.
NXT allows people to do whatever the hell they want, and provides a selection of powerful features to allow/assist users. That's it.
NXT is simply the Linux of crypto: complicated, powerful, de-centralised, completely open and somewhat controversial.
If NXT critics would prefer to give their hard-earned cash to a more corporate/centralised project, there are plenty to choose from.
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