Post
Topic
Board Announcements (Altcoins)
Re: Nxt :: descendant of Bitcoin - Updated Information
by
ImmortAlex
on 18/01/2014, 02:05:38 UTC
Important announcement
...
BCNext will choose 10 people. I'll contact these people privately to ask for an account id. Each of them will create a special account and send it to me. 1M NXT will be sent to each account (10M total, not 9M, so the community is supposed to subsidize the public nodes by itself). Jean-Luc will be asked to add a special code that blocks outgoing transactions from these special accounts. When the community decides how to spend part of the unclaimed coins, Jean-Luc will change the code to allow partial withdrawals possible. 10 chosen ones will send 1/10th of the required amount to the account the funds r supposed to go to.
-1
It smells like... "One ring to rule them all" Sad
Very bad idea to rule accounts and coins through code changing.

Its better than bcnext having control over all of the coins himself. Besides its only ~10million anyway. Thats only 1% of the total currency supply. Ideally the donors would have just claimed their coins, this is just a countermeasure to help deal with that problem. Not perfect sure but not bad either.
Okey, take a look from the other side: it will be greatest anti-PR.
Just imagine: instead of writting code for multisig, devs just create code hacks to emulate multisig. Ugly code hacks.
"Hey, they premied 1 billion coin in code, now they spend coins in code, next time they block your coins in code! Greatest scam in history!!! Do Jean-Luc piss by BCNext's command?  Shocked" (Sorry, Jean-Luc, it is joke Smiley )