Quote from: kseistrup on January 01, 2015, 01:14:05 PM

Quote from: Rofo on January 01, 2015, 12:43:54 PM

'Cycling' was the idea that if the deflationary nature of NOXT eventually meant there were very little to zero remaining in circulation then they could be re-issued as a new investment/crowd fund in the future. Much longer term.

If no new asset were issued and all NOXT sat in the genesis account, then obviously they could not be re-distributed. This can be solved though by just issuing a new 'asset' much further down the road. I think people would be much more comfortable seeing the NOXT burnt in an address they know no-one can touch, so that's the best course of action.

Thanks for the explanantion. And I agree that people would probably be more comfortable seeing NOXT sent to the genesis account than sitting idle in a theoretically touchable account.

Now, I have another question that I hope you can answer: In the FAQ (v3) you describe NOBL as »a pure decentralized cryptocurrency«, whereas NOXT is described as being more centralized. How is that? IMHO, the NXT platform is just as decentralized, if not more, than the bitcoin family of cryptocurrencies that NOBL belongs to.

According your last question, I think Noble is decentralized because of the POW/POS. Where NOXT is premined and for that reason more centralized, but I could be wrong easily.