Post
Topic
Board Announcements (Altcoins)
Re: Ethereum: 2nd gen cryptocurrency with contract programming, "dagger" hashing
by
td services
on 15/01/2014, 21:54:24 UTC
I personally think the distribution model is a lot fairer than the way Nxt and mastercoin did theirs.

I'd like to remind that Nxt raised only ~21 BTC.

I personally think the distribution model is a lot fairer than the way Nxt and mastercoin did theirs. I'm not knowledgeable enough about emunie or bitshares to comment on their model, but I think ethereum has more promise than any of these other coins PLUS a fairer distribution.

Mastercoin was very fair in its fundraising. NXT slammed the door in my face when I went to invest in it. Clearly, they closed the investment round 6 weeks early without advance notice to avoid further dilution of existing investors. I was busy with moving some Mastercoin to Protoshares at the time, planned on investing in NXT next.

From https://bitcointalk.org/index.php?topic=303898.480 :

Can we still join in between now and January 3? I haven't really seen any clear definition of a deadline.

I'm waiting for the answer. BCNext reads this thread.

Some changes in the plan:

1. Fundraising is over. That last 1 BTC, sent after the 2nd marking transaction, will be accepted but no more deposits should be made.
2. Nxt will be launched earlier than on the 3rd of January, right after the final test.
3. New Nxt users r supposed to be attracted by selling NXT and distributing via Nxt Faucet.
4. Messaging feature will be released later to avoid situation when somebody attempts to bloat the blockchain making it too huge for newcomers.

BTW we need one more bootstrapping server, coz 2 servers is not enough.
So, if I understand this correctly:

1) the main dev (BCNext) no longer posts directly to this thread but you purport to communicate with him and speak for him about the project, something we can't confirm,
2) the deadline for contributing BTC to acquire Nxt, which was originally described as being open until the genesis block was approved by the community sometimes at least a month from now, is now suddenly declared over with no advance warning; and
3) the BTC that were already sent to acquire Nxt, which the main dev (BCNext) promised earlier in this thread not to touch until the genesis block was generated, have now been moved.