Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
Jaguar0625
on 10/02/2014, 00:13:39 UTC
Why not have a larger number of coins?  Transaction fee could start at 100 NEM and go down over time to 1 NEM.  This avoids using decimals for transaction fee and small purchases.

We can open this up for discussion. Alternatively, we could come up with a name for the smallest unit of NEM and use that (the equivalent of satoshis in Bitcoin).

BTW: Any idea what BCnext thinks of this project?

As far as I know, BCNext went dark shortly after the NXT release. But, this is an interesting comment from CfB shortly after the NXT release:
Now time for bad news.

BCNext is becoming more and more angry coz of stakeholders who don't help Nxt. They don't run their nodes, they don't support bounties, they don't take part in Nxt promotion. He can't force them to do all these things but he can quit this project and join other cryptocoin, no matter if it's called ClonedNxt, and contribute his ideas and code to a competitor of Nxt...


My personal opinion: This guy doesn't care about money nor how much 1 NXT will be worth, I'm 100% sure he will do what he said. I think that Nxt clone will have the same problems and decision to quit Nxt would be one of the worst decisions, but he has his own opinion.
Edit: If stakeholders don't change situation they should sell their coins before price drops below ZERO.