rpietila, I am very surprised that you are not invested in NXT. Between the java platform, proof of stake done correctly and decentralized exchange it is definitely a value adding block chain.
The bigger the idle stake, the bigger your interest in keeping the system working and you can act upon this by simply holding on to your stake. With bitcoin, miners for example have a big say on the state of the system even if they hold no btc. In NXT, on the other hand, the only entities with a significant say in the state of the system are the ones holding actual stakes in the system.
My problem with NXT is that it was IPOed, which I think is not a way to create a coin, because there are no economic ways to distribute it. Due to that issue, I haven't cared to even look what it is doing, since I don't believe it can fly based on that alone.The bigger the idle stake, the bigger your interest in keeping the system working and you can act upon this by simply holding on to your stake. With bitcoin, miners for example have a big say on the state of the system even if they hold no btc. In NXT, on the other hand, the only entities with a significant say in the state of the system are the ones holding actual stakes in the system.
Well you can't be perfect. You said it, you never looked at it because of your pride and prejudice.
If people don't take time to look at something different and understand it, it's their time, their problem.
We don't have infinite time so we tend to focus on things that appear interesting and reject the rest.
I found that Nxt is the most mind blowing cryptocurrency mainly because it is radically different.
It make you rethink what is a crypto and because of this, early Bitcoin adopters cannot deal with it.
With Bitcoin, people mainly use it as an Internet currency and existing business add it as a payment.
Nxt is a market in itself. It create radically new businesses.
It's like having a business in-the-cloud hosted by a decentralized network that has also a currency.
The Nxt currency is not the main feature here, the most important is the ability to create assets that cannot be taken down and that you can access and trade anywhere in the world.