Quote from: achimsmile on July 22, 2014, 11:58:47 AM

Quote from: peeveepee on July 22, 2014, 11:46:24 AM

Don't forget NXT is a proof of stake coin.

It is not decentralized and has a single point of failure.

Sorry, I don't want to sound harsh, but people repeat this sentence like parrots...

Nxt has 25k+ wallets with a balance greater than 0 and a lot of active nodes
It doesn't use central checkpoints like peercoin

Where is the single point of failure and why is it not decentralized?

The more "scam" shouters I see here, the more I get the feeling that Nxt is indeed challenging bitcoin.
"First they ignore you, then they laugh at you, then they fight you, then you win."

I think we are at the beginning of phase 3.

Yeah, just quoting what I read from the internet.

Enlighten us how having 25k wallet make it not a decentralized coin.