Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
It is my understanding that the devs are currently testing POI, and they aren't posting specifications on how it will work, because they are well, still testing it out.
Exactly
Yes, all the details of POI are not finalized. I am testing about 12 variants of a few algorithms, but so far the results look promising. If I had to release something today, I think I know what I would implement.
Great work, Devs. I am expecting your deliveries and believe NEM could exceed NXT.
We hope to do well. That being said, NEM isn't really in competition with NXT. There is no reason that both could not exist together. I own an amazing 0.4 BTC worth of NXT, so I am not really against it
I agree that there is definitely opportunity for NEM to outgrow NXT if done right. NXT has some problems, not just distribution. It is not helpful that the main dev for NXT wants to disappear and be a complete mystery and communication is not good. I think having a bigger team of devs and better communication with the wider NEM community will be a big help.
Forget NXT, let's beat a worthless coin like Aurora.
Agree. Comparing NEM to NXT is missing the point. The market potential is so huge that just a certain innovative "trick" could lead to a huge success as in the case of Aurora. So why should we not focus on our own innovations and ideas instead ?
However, talking about Aurora I think its success would not be stable. Nothing prevents a competent developer + a good promoter making an "Iceland" coin and airdrop them a few week after the Auora airdrop. I'm actually surprised that no one did that yet.
Exactly. NXT is actually innovating and I respect NXT a lot. Aurora looks like a fork of LTC, so I don't think it has a real future.