Post
Topic
Board Altcoin Discussion
Re: Transparent mining 2, or What part of Legacy should be left behind
by
Come-from-Beyond
on 10/02/2014, 13:29:21 UTC
That is my understanding, too. And CfB said something similar also, I think (coins for currency, NXT for value)

NXT itself is backed by power to influence on the whole system. If u own 1M NXT then u'll forge each 1000th block. And u can charge fiat money for inclusion transactions into blocks.

I'd like to add that this "power" is very valuable. If u forge the next block u decide what orders to include into it. And this decision will change the market.

NXT -> Power -> Ability to change the world