Re: Transparent mining 2, or What part of Legacy should be left behind
I really hate having to go through BTC first via coinbase, because I have to wait 4 days before I get my BTC and then transfer them into NXT. During that time, prices tend to move
Does coinbase have some kind of petition form? I'm surprised they still deal only in BTC.
http://support.coinbase.com/customer/portal/emails/new
In regards to Part 2 of Transparent Mining. I personally think it's essential that coins are built on top of Nxt. Otherwise, we are no different than BTC or new POS clones. We can create a huge market all of which relies on Nxt as the infrastructure. I would also go so far as to propose that any new Nxtcoin is required to send 10000Nxt to genesis at time of creation. Thus we are reducing supply of Nxt while adding value since Nxt would be required for creation of Nxtcoin. All Nxtcoins would start with the same value (10k Nxt) Would also be great because individuals can fund raise Nxt in order to create a new Nxtcoin. Nxt would become immensely valuable with that model and eventually all Nxt could be replaced with Nxtcoins.