I thought NXT will not success.
1. It's unfair since all coins were pre-mined. Not just a well-designed architecture and infrastructure that make a successful currency but human belief are a more important element.
Anything with human mind involved become complex and unpredictable. So you should take human nature into consideration.
2. Many awesome features of NXT makes it looks like a super set of altcoins. But only POS were implemented.
I can also state that I will invent a currency that can cure all diseases(but i didn't implemented it yet either
)
3. The system were full of bugs. The client I installed never ran properly more than 24 hours.
I had to delete the .nxt or re-download all client and block chain files to fetch the latest block info every time I restart computer.
And the block chain update progress always got stuck.
Not to saying the super user with huge amount of coins or negative number of coins.
4. The account id issue. We had talked about it for a long time but no any reasonable answer.
It is a simple sense that the fewer digits of receiving id will harm the system security since the probability of conflict become higher.
The most reasonable discuss I saw was that the short account id is just for showing, it will eventually bind with a full public key.
But it still makes no sense since we can send coins to a whole new short id, and what's the new short id will be bound to?
The most weird thing of all is that I still don't know what's the purpose of this short account id design.
This design reveals the lake security sense of the designer/developer. And this is the clue we can see, how are the security details we cannot see?
1. It's unfair since all coins were pre-mined. Not just a well-designed architecture and infrastructure that make a successful currency but human belief are a more important element.
Anything with human mind involved become complex and unpredictable. So you should take human nature into consideration.
2. Many awesome features of NXT makes it looks like a super set of altcoins. But only POS were implemented.
I can also state that I will invent a currency that can cure all diseases(but i didn't implemented it yet either
)3. The system were full of bugs. The client I installed never ran properly more than 24 hours.
I had to delete the .nxt or re-download all client and block chain files to fetch the latest block info every time I restart computer.
And the block chain update progress always got stuck.
Not to saying the super user with huge amount of coins or negative number of coins.
4. The account id issue. We had talked about it for a long time but no any reasonable answer.
It is a simple sense that the fewer digits of receiving id will harm the system security since the probability of conflict become higher.
The most reasonable discuss I saw was that the short account id is just for showing, it will eventually bind with a full public key.
But it still makes no sense since we can send coins to a whole new short id, and what's the new short id will be bound to?
The most weird thing of all is that I still don't know what's the purpose of this short account id design.
This design reveals the lake security sense of the designer/developer. And this is the clue we can see, how are the security details we cannot see?