Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
upekha
on 02/02/2014, 18:41:21 UTC
Regarding the forging algorithm. Are we still exploring options to improve this over NXT?

I am convinced that the design of the forging algorithm is one of the major things that may convice people to invest in NEM!

For this I believe the goal of the forging concept should be:

1. To attract as many people as possible to invest in NEM (preferrably even small amounts)
2. To make NEM more than just an investment

Yeah I think thats absolutely the case!
And maybe also adjusting the fee-system.

I think one of the main reasons why people use bitcoin, is that it has so small transaction fees.
But is this even possible when NEM is supposed to be a PoS-currency?