Post
Topic
Board Altcoin Discussion
Re: ORA:: Bounty discussion thread
by
Kora
on 05/08/2014, 23:25:56 UTC
What still makes me feel a little awkward...ORA is not a coin, but an asset, as I have understood. And it's issued at the nxt platform. I've read a lot of what seems to be fud about nxt. Would someone please explain to me why or why not nxt is good or bad? I want to make sure of this before stepping a bit more here.

The NXT discussion should take place in some other thread. In short IMO, NXT is pretty good.
Now to the main issue – Ora is an asset just so people can trade in and out of it. At some point in the future it will become a true coin and will no longer live on the NXT exchange.


Good answer nikola384! The ORA asset on the NXT asset exchange is a temporary means to an end. The end we are shooting for is our own P2P network & coin. IMO NXT is a great platform, and features like the voting system make it extremely useful for decentralised decision making, but our goal is to bootstrap our own platform.