Post
Topic
Board Announcements (Altcoins)
Re: Nxt :: descendant of Bitcoin - Updated Information
by
blackfyre175
on 21/12/2013, 20:54:45 UTC
What is everyone planning to do when registering alias?

If you end up with one passphrase holding 100 aliases and the function to trade an alias is never implemented I'm struggling to see the benefits and less so an alias that is tied to an passphrase tied to many more aliases.

An option for profiting from an alias without the trading function would be leasing your alias to a company with a contract that stipulates for x amount of time your alias will direct to y website and z email and any money received by that alias during x amount of time is property of the company leasing the alias. I figure this would work if you can prove ownership of the account and you could be prosecuted for fraud/theft etc, but as stated above if you register 100 aliases to one account and then try and lease them it would be very confusing when there are another 100 aliases also tied to the account.

Overall I'm still struggling to see the value of an alias that is untradeable if you don't plan on actually building a business yourself with the alias and I feel that NXT would have to become significantly bigger than bitcoin for there to be any value.

I've seen it stated that making them untradeable to there to stop squatting and I dislike squatting but I think you would still have a problem with trolling, people  registering thousands of aliases just so someone else can not.


I've read a read and skimmed a decent chunk of this thread and not see what happens to the fee you place on buying the alias? Say I pay 1000 NXT for batman does the 1000 NXT go to the account that forges that block?