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Topic
Board Beginners & Help
Re: opinions, warnings, optimism about NXT?
by
julestheminer
on 16/02/2014, 14:59:36 UTC
Isn't that what was said about bitcoin, even years after it's release?
Bitcoin was a genius idea and so is the second generation NXT.
I do think it might be a good idea. I like the concept of it not consuming assloads of electricity, but is it as secure? How do we know if an individual didn't mess up forging a block? Does every client check every block for authenticity?
I am also having a bit of trouble grasping the intent of the POS forging mechanism. Wouldn't it encourage hoarding? Is hoarding bad?
I HAVE A LOT OF QUESTIONS

NXT is scam!!

We trust only in BTC
ylols