Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
Come-from-Beyond
on 01/02/2014, 08:10:56 UTC
CfB,

Please confirm that unclaimed funds used to be 9 million NXT, but BCNext increased it to 10 million NXT and said that he expected the community to fund servers.

That is what I remember and the implication is certainly that 1 million NXT of unclaimed funds should go toward NXT infrastructure, eg. servers.

9'223K NXT + 10 BTC is yet available.

Reserved from the amount above:

10 BTC - NRS crypto algo audit
250k NXT - Whitepaper
100k NXT - fatal flaw reward
100k NXT - AM contest rewards
100k NXT - fiat gateway rewards
100k NXT - minusbalancer's bounty for the client (Edit: It will be paid from the Development fund)
X NXT - 1st SMS-to-NXT gateway reward

So up to 8.5M could be spend for the infrastructure, not necessarily 1M.