i guess sooner or later some people were bound to show up when proof of stake is mentioned and of course the coin they want to discuss is nxt, not anything else. Look if you like nxt good for you. If you want the documentation I based my comments on use google and look up what people say about it. Also keep in mind the 'source' code was not initially available
https://bitcointalk.org/index.php?topic=394916.0If you disagree with my opinion or the opinion of the Ethereum dev. about proof of stake and the concepts he cited be my guest.
One fact about this altcoin forum around here in general I have noticedCertain coins seem to have some type of 'protected' watchers that are watching all unmoderated threads. I won't name coin names. There are several.
Most coins if you post a negative comment on their thread it will be ignored or others may join in. Rare will someone defend the coin in fact the most you may see if someone , maybe on the development team tell you if you don't like the coin don't mine it and gtfo.
Now ---- certain coins --a select few -- things seem to happen differently.
If a negative comment without much merit is posted like 'this coin sucks' , it won't take long for others to say they like it and just post other items..... this 'forum bumping' technique is a very old tactic and even employed by the United States and likely other governments to sway public opinion on certain things normally related to politics. This is not a conspiracy theory there are published foia documents that confirm it.
If a negative comment is posted to a coins thread that actually has some foundation and or documentation to it as to what flaw exists or why they will not support it.... a different approach is used. Multiple accounts slam that user, often following other posts they made elsewhere here in this forum and negate them even to the point of stating things like 'you post negative comments about several coins' .... ect.... Some people have even been confronted online or in person and threatened.
I know of a few confirmed incidents like this.
If a coin thread has a multitude of people responding or even paying attention to every negative or questionable item posted about that coin proceed with caution. Honest , fair, legit and real open source projects have nothing to hide and no place to hide it. Their code is released to the world and can be tested by anyone.
Personally I think if you are using any cryptocurrency at all and it is not 100% open source from day one you should seriously reconsider your position but in the end it is up to you.
Coins you think are run by party x could actually be under control of someone else, like a government agency, organized crime ring or many many other things/people ..... use your imagination.
In closing I will say
I stand behind all prior posts I made here. If you have FACTS that refute anything I stated post them to the thread.I don't care if anyone likes my opinions or agrees with them or feels differently.
Also, you may want to think twice about attempts to bother me personally as it has happened in the past when I have criticized things. I don't care how many fake sock puppet accounts come of of the sky. I am not afraid of you, whatever government agency you work or are in informant for or what other organizations you are associated with. I can say this with confidence since I am not a criminal.
If someone tries to push me around I will look through your coin /code/ everything else and I am very skilled at finding out vulnerabilities and information. If provoked I will publish my work. That aside, when left alone I tend to allow a 'confrontation' with another to be a one time thing and not go looking to screw with other people.
Good OP cinnamon_carter, well done!
I do disagree with most of your opinions on NXT though, but I do agree with you that some coins have over zealous supporters who jump out and stomp on any criticism of their favorite coin. Some NXT community members do this quite a bit, but IMO the NXT zealots are reacting to what appears to many as a deliberate bias AGAINST NXT by many crypto users.
I like NXT but can see its faults too, and I am quite amazed at how crypto news sites like coinndesk completely ignore NXT, and some bitcoin heavy hitters still accuse NXT of being a scam, which is clearly ridiculous to any open minded person. Despite many obvious faults (the distribution, which was fair but only attracted a small number of stakeholders) most fair minded people can see the obvious merit in the tech, and as a long time lurker on the NXT forum, you can't help but be impressed by the NXT communities enthusiasm and ability to get things done.
IMO there has been, and still is, an almost deliberate campaign against NXT by the majority of early bitcoiners, and that's actually had the effect of bonding the NXT people more tightly together, and that's making the NXT community far stronger than ALL other coin communites IMO. I'm not a tech guy so have to 'trust' others assessments on the merits of NXT tech, but the NXT communities effectiveness is on display to everyone, and part of that effectiveness is a willingness for some NXTers to defend/promote NXT in various forum threads. Sometimes it might be annoying, but it is effective, especially when sites like coindesk go out of their way to ignore NXT, which IMO looks almost like a possible conspiracy against NXT.