Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
pandaisftw
on 26/01/2014, 20:58:06 UTC
The more NXT someone has, the more right he has to decide. It's natural. Someone with 50% ownership on a company has a 50% right to decide something..
this is wrong. It is only right in a corporate context. Nxt is not a corpotation, corporations are not people.

Right, but all people in NXT are stakeholders. It's not like we're making up laws for what people can and cannot do in their lives. VS is used to solve consensus as well as what direction NXT should take.

Quote
The large holder only has to do this once. What's to stop a large holder from making 10000 accounts now, and then having 10000 votes forever while everyone else who doesn't cheat only has 1?
If he does, he is no longer a large account holder. It would be  twice as expensive for a large account holder to do it more than once.

I thought we were concerned with voting power, not emptying large stakeholder's accounts? Even if he does this, and uses most of his money to do so, the fact is that he will still have 10000x the voting power over everyone else. Btw, you only need 3 NXT per puppet account (transfer fee + public key fee + 1 NXT to keep the stake). 30k NXT for 10k votes... that's actually really cheap for someone with 1mil NXT.