Post
Topic
Board Altcoin Discussion
Re: Erik Voorhees favors NXT
by
ChuckOne
on 09/04/2015, 18:00:13 UTC
Like it or not, NXT has a very strong community backing it up

If it were true, why would you be making this statement? 

Because it's true, and the obvious has to be stated sometimes for the more dense among us.

NXT is an interesting experiment and I salute the experimenters.  The question in my mind is: what incentive is there for stakers to secure the network?  It seems the coinbase rewards are nil.  So, it is a combination of altruism and simply the desire to keep the network alive to maintain the value of holdings.  Is this enough?  We will find out. 

Nxt represents a mature Bitcoin network where the mining reward equals total fees of a block's transactions.

So, Nxt will offer a glimpse into the future of whether Bitcoin would be able to sustain itself or not.