so with NXT, if i have a wallet with say 1000 NXT, how long does it take to 'forge' new coins and how much will i get in return?
is there a minimum of coins you have to hold?
can someone give me a quick summary please? if you dont 'mine' nxt but rather earn them just by running a wallet then i'll give it a go. I've never really read much into the whole proof of stake thing.
unfortuneate for you, nxt is not designed to earn big money while forging.
forging is there to protect your own investments therefore securing the entire network.
forging almost don't use any more electricity when run in the background so it is in your best interest to forge when you have a large stake.
nxt is bigger than just a coin, it is a full platform ready to be built on top of.
think of nxt as a mega mall/shopping centre and each nxt account that provides a service on top of the platform is a business inside that mall, when you forge you are turning on the security cams to safeguard your business.
services are, multigateways, online games, company ipos, online gambling, messengers,digital goods even crypto coin based on nxt and much more.
and its already happening.
this is why nxt is considered a true first 2nd gen, this is why nxt is the future.