Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance

Quote from: jl777 on June 21, 2014, 02:03:01 AM

Quote from: mindtomatter on June 21, 2014, 01:39:06 AM

Where did a core XCP dev spread fud about NXT? I saw BlueMeanie being inflammatory and it sounds like there is some drama going on between him and the NXT community, but I'm unclear why suddenly a "WELL, NXT FOLK ARE GONNA LEAVE" moment. Did I miss something?

Edit: I just noticed this

Quote from: Ola on June 20, 2014, 05:30:51 PM

At the 56:50 mark: http://letstalkbitcoin.com/ltb94-privacy-and-the-arts/ complete FUD and untruths...and thousands of people repeat the same thing confidently like parrots...Nxt is significantly different than peercoin POS, any other proof of stake and the fundamental the code base which is written in java. Nxt is has decentralized as you can get from marketing, development and all other initiatives. Shame on Adam for passive action in letting that smear fly by...You devs have to realize your power and take better responsibility!

1 - I'm not a dev
2 - I have no idea if what he's saying is true or not, I'm speaking to him as an expert - you'll notice I was suprised to hear him say that, it was new information to me.
3 - I publicize my personal email on literally every episode including that one, and I didn't recieve a single note in complaint about this. Why complain here, but not to the person who can actually help?
4 - Are you saying he's wrong? NXT does not use Checkpoints currently or in the past?

I really like NXT but honestly you guys smell conspiracy EVERYWHERE and it gets annoying. People are just busy, we don't have fact checkers hell I don't have ANY employees so i'm a little curious what you'd have me do. NXT has an open invitation to do an interview or join us for a host segment on LTB, but you guys don't have many confident speakers I guess as I've had no takers outside of the early and not very compelling interviews with Tai Zen (which ran) and aaron (which didn't).

If you want people to know whats going on with your project, explain it to them in a way they can understand. Otherwise it's confusing to people on the outside and annoying to people on the inside.

Peercoin has checkpoints and also does some PoS
NXT is PoS, therefore it must use checkpoints

Except it never has! Nobody bothers to actually check with anyone that knows about NXT.
The "nothing at stake" problem has never been solved by NXT. Well, if somebody can explain to me how the nothing at stake attack actually would work on NXT where you need to have a stake to be able to forge the block, maybe there is something to it.

However, when I write a thoughtful response to how NXT does have something at stake, all I get is that has nothing to do with mining on multiple chains.

People are so convinced NXT has to be bad because less than 100 people got the entire initial stake. However, it turns out that this dynamic could have been one of the critical factors in its success. The reason is that if you have a million dollars worth of anything, you tend to work pretty hard to protect it, nurture it, grow it. That is what happened. A culture of helping each other and generous grants are commonplace. This all stems from the precedent BCnext set by simply giving it away at the beginning. OK, he charged a symbolic 21 BTC, which was his goal to get 1 millionth of the total possible BTC, that is one reason it stopped early. he could have certainly been a better communicator. However none of that detracts from the fact that NXT works.

James

I really think nobody but you guys and some trolls care about this. You are projecting your insecurities onto people who are not articulating them. If NXT is useful, the tokens are valuable. The question is, how useful is it in the context of all the other 2.0 contenders around it. Don't complain about other players, just build and learn as fast as you can. It's always appeared to me thats what you were doing and I look forward to seeing the results.