Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
bithic
on 25/01/2014, 08:35:30 UTC
I wasn't so sold on the first draft of the letter to Mark Cuban. Here is an alternative:


Dear Mr. Cuban,

You tweeted in November that you want to invest in the next generation of cryptocurencies. We are the users and developers of a brand new cryptocurrency called "Nxt:: descendant of Bitcoin", and we think you should know about it. Nxt uses brand new software. It isn't a fork of Bitcoin's source code. Nxt is the first 100% Proof-of-Stake (PoS) currency. This, together with some game-changing innovations built on top of it, gives it some major advantages, including:

- lightweight, highly scalable network, capable of eventually handling transaction volumes comparable to credit card networks
- planned support for near-instant, secure transactions, thanks to its "Transparent Forging"
- no risk of 51% attack
- the environmental issue of wasted electricity required to secure the network (and high mining expenses) is entirely resolved

Nxt is also leading the charge with many of the more commonly talked-about 2nd generation features, such as a decentralized asset exchange, "aliases", coloured coins, and more. Unlike other currencies with PoS mining, Nxt's PoS implementation does not cause monetary inflation. Coins are earned solely by charging transaction fees, and, due to the energy-efficient nature of the network, these transaction fees can be sustainably kept to a minimum. The total amount of NXT in circulation is 1 billion. Nxt improves different features of Bitcoin, removes some disadvantages and adds new features, some of which would be very difficult to implement on the Bitcoin network without a major re-write. For these reasons, along with our head-start in the "Nxt Generation" race, we think Nxt will distinguish itself in the coming months, and will eventually compete with Bitcoin itself.

We would like to give you a token 1000 NXT so you can participate in the Nxt big thing in cryptocurrency. We believe that if you are confident in the Nxt endeavor, others will follow your lead, thus furthering our goal of widespread adoption. Nxt is entirely community driven, is not backed by venture capital, and will always be decentralized in operation. Development is progressing very rapidly, thanks to its team of talented developers and fast-growing community.

You can read more about Nxt at NxtCrypto.org, wiki.NxtCrypto.org and forums.NxtCrypto.org.

You can download Nxt's software here (Link to NRS).

If you have questions please contact us at (contact).

Thank you,

The users and developers of the Nxt generation of cryptocurrency