+ 1 NXT == x Vote { x = Func(accountBalance) = polynom * accountBalance}
+ 1 Account == 1 Vote { vote = Func(accountBalance) = 0.5 * accountBalance}
+ 1 Account == 1 Vote { vote = Func(accountBalance) = 0.5 * accountBalance}
These won't work. They are easily defeated by splitting your wealth over several accounts.
I'm in favor of one vote per NXT. That maximizes the value of each NXT rather than the value of having multiple accounts, or paying people to scam the system for you in some other way.
Any time you try to decentralized system that makes it difficult to game the system, you restrict the people who game the system to people who are willing to go against the implied moral contract of the platform (that you'll play by the rules). In that way, I suggest it is better to allow everybody to "cheat" so that "cheating" is performed by good actors AND bad actors instead of just by actors willing to be bad.
NXT has a major concentration of wealth right now, but that's changing pretty quickly and if it gets popular I've got to imagine the temptation to sell part of their stakes will be too great for most.
It's really interesting watching this community - you guys are the only "headless" metalayer, lacking a founder or team and yet delivering with real working software.
Keep up the good work
+10, thank you very much.
I had no.....
massive cut
....mining altcoin don't become THE FUTURE.
massive cut
....mining altcoin don't become THE FUTURE.
I personally believe ....
massive cut....
Energy efficiency over Bitcoin is a valid point. Saying switching to NXT is going to Save The World is a stretch. We should not go there.
Ricky, unique.....If we are going to debate personal politics, here is so not the right place.
I think you guys and I are probably in the same camp on these issues, but GW is simply too damn emotive an issue to allow into this thread.
Head for off-topic section if we must have a NXT + GW debate. Or religion, or politics....
NXT is a currency (and it's associated eco-system) Like it or not, everyone (left/right/whatever) can use it for their own purposes.
One of the coolest aspects of the NXT community is how a wide variety of people are working together on a collective project. We don't need to agree with each other......so:
NO BLOODY GLOBAL WARMING DEBATE. NOT HERE. Please.
Smaragda + Mistafreeze too...leave it, please. Start a thread in off-topic,send out some invites, but debating it on this thread is inappropriate