Post
Topic
Board Altcoin Discussion
Re: Transparent mining 2, or What part of Legacy should be left behind
by
Isildur23
on 10/02/2014, 15:54:51 UTC
1) There will be zero forge income for people just buying NXT because it is great platform?

2) How should look real example of successfully forging individual?

As far as i understood it, people will buy it because:

1st:
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



2nd:
They will buy it to exchange it for coins backed buy Nxt and use those coins as a means of exchange

3rd:
Business in the Nxt ecosystem will buy and forge it to support the network which serves their businesses