Post
Topic
Board Altcoin Discussion
Re: BlackCoin vs NXT
by
XbladeX
on 16/03/2014, 00:53:06 UTC
http://maarx.nl/maarx.nl/blackcoin/distribution

I was from beginig and those top 10 places was floating 1m - 4m...
i think distribution of BC was ok.
There is no sense in ague about distribution because now eg with up coming ASIC for LTC will brake your great distribution like it is with BTC.
Only BTC farm can get some coins like that from cex.io.
Whole idea mining BTC for regular Joe was burrowed year ago.
Now only BTC farms get some BTC...
LTC was mined in 33% by gpus now with ASICs your distribution will follow BTC path...
I give LTC hmm 6-12 months and forget GPUs. That will be ASICs festival.

LTC was P&D too it took time to stabilize market. LTC price jumps 1$-50$-13$ ^^ yea P&D free during lifespan.
Give BC one year and then we can talk which distribution is better.
Today in one month of lifespown there is no sense to argue about it.

NXT is just other kind of distribution...

ASIC miners don't kill distribution. Those people investing in ASICs are spending a lot of money and taking significant risk. Some may not even see an ROI. Whereas according to you, the initial investors in this BC had 1 to 4 million coins? Bitcoin also went from $1-$1250-$600, so you're right; all of them have been pumped and dumped. But some have more staying power than others due to infrastructure, interest, exposure, etc.

"ASIC miners don't kill distribution. "
This is not about killing this is making more about making miners monopoly and centralization of minig...
Whole idea of decentralization is to keep hash-power speared around the world ASICs  unfortunately
are going to making centralization of mining. Just look at hash power distribution now and 2-3 years ago.


Whole POS system idea is totally different than POW.
Eg. with POS crashes are healthy because crash brings new people inside circle.
In POW crash kicks out weaker miners...

Is hard today compare POS/POW we need time and some analyze both systems.

Another nonsense coin compared against a complete ecosystem. Seems legit.

Give POS time to create it own.
NXT is live 3 months... BC 21 days.
After one year we can set up some conclusions.