Post
Topic
Board Announcements (Altcoins)
Re: Nxt :: descendant of Bitcoin - Updated Information
by
marcus03
on 31/12/2013, 08:37:03 UTC
SIMPLE IDEA:


1) Implement voting as we DO NEED A FUNCTIONAL ASSET EXCHANGE ASAP!


2) For Freezing accounts we need MINIMUM THRESHOLD OF 75% VOTES -- 750  Million Nxt....if we get 749,000,000 ...no freeze.


3) To destroy we need MINIMUM THRESHOLD OF 90% VOTES -- 900 Million Nxt



51% can be use for normal votes...routine business Exchange stuff....but the 2 exceptions above should be set in stone.



As soon as someone can prove that neither 90%, 75% or 51% of all NXT assets is hold by a group of say 10 people or less, I'll second this.

Problem is - you can't...


I still don't get why anyone would want voting based on number of NXT you have.

It has been repeatedly said that voting based on number of NXT would be a democracy approach. It is not. It is severe capitalism.

Imagine that your government would be voted based on the assets you hold in your bank account.