Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
bitcoinpaul
on 26/01/2014, 16:08:30 UTC
We need design a system for average joes, not only for geeks. Do you know what is the most popular password in this world? It is something like 1234password. We have to enforce the safest pass phrase format in the client when users set up their accounts. Period!

The clients will come out, they get better, more secure. It will work.

I would even say energy COST should be the focus.  Current energy costs makes Bitcoin mining marginally profitable at best when you run the numbers, while NXT on a Raspberry Pi runs at 25 nodes for the same power as a 100 W incandescent lightbulb.  

Also focus on the transparent forging, the 10000tps. It will be the true innovation of NXT and change the world.

In a few years, I want the average joe using NXT without knowing he uses NXT.