Post
Topic
Board Altcoin Discussion
Re: Jean-Luc destroying NXT or saving it with NXT 2.0?
by
sadface
on 26/02/2016, 09:24:31 UTC
Can we get a clear picture on the business model for (f)nxt and nxt?

nxt will remain a token (child)
fnxt will be used ONLY for forging (motherchain) can't be pruned
fnxt can carry 255 TX/block * 1440 = 367,200 TX/day  [3 tps]

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So no nxt will be generated?  Only fnxt will be rewarded (created) for network participation (hashing) ... plus NXT fees

no new nxt will be generated. they will stay at ~1 billion. if the 1:1 distribution happenes  as proposed ~1 billion fnxt will be created and awarded to all nxt holders.

afaik how many TPS the fnxt motherchain can handle is yet to be determined. its not that important. the TPS increase comes from the the childchains, since those will be pruned its possible to have bigger blocks without having a bloat issue.

Quote
The child chain "blocks" will be implemented as a prunable attachment of a single (one per block per chain) transaction, of type ChildchainBlock, on the main chain. Anyone can create a ChildchainBlock transaction

so all transactions on a childchain are bundled into a single transaction on the motherchain.