Post
Topic
Board Altcoin Discussion
Re: The Centralized NXT IS BEING DEAD
by
Blocktree
on 27/12/2015, 02:40:31 UTC
https://bitcointalk.org/index.php?topic=345619.msg5567483#msg5567483
Quote

My guess is that what they really want is just a few large players working as a tight group to control the network (it would explain the reason why so few were included in the IPO also - things like 21 BTC are just red herrings to my thinking).

Ok,the truth,

At the just beginning,the 73 holders as centralized node validating transactions.

Now,NXT add more hardcoded checkpoints to make it work.

NXT IS CENTRALIZED to achieve consensus,and NXT network will suspend or rewrite easily without these checkpoints.

Worst design,just copy bitcoin with stake replacing mining hash.

 Grin