Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
For example in the case of NXT the simulation could have been used to find out, how the forging works and how it distributes the fees. That was not done - at least nobody had written so. (Or was that too obvious, when that has been asked few times
)Nxt works fine. The point of forging is not to be "fair" but to secure the network -- that's what mining does for bitcoin too. The question is whether POI is secure. We won't know until it's studied and reviewed.
Totally agree that security is priority #1. We're testing a lot of attack vectors to make sure that someone can't just arbitrarily control their score.