Post
Topic
Board Announcements (Altcoins)
Re: Nxt Monetary System launched: Now on Nxt Testnet!
by
ChuckOne
on 17/12/2014, 23:28:16 UTC
Exciting times!

ORA will be launching as an MS currency in the not too distant future!

For details, and to join in the discussion please follow the links in my signature!

All are welcome!!

Oh, I did not know that. How come?

We decided that MS system has everything we needed, and no real disadvantages.

Nice. That would I call a satisfied customer!

Credits go to the devs.

At the moment we're working on a proposal suggested by coinsolidation (bitmark dev) to let holders of dead & dying alt coin 'burn' their coins in exchange for ORA coins.

ORA has been trading on the NXT AE for some time now, but ORA stakes were initially distributed for FREE or in exchange for people contributing effort, and we want to continue with that 'vibe', and letting alt coin holders burn effectively worthless coins in exchange for ORA lets us increase our community size, and it doesn't require us taking money from people, but does offer a method that prevents abuse. It might also compensate some people in a small way for 2014 losses.

There's still a lot of details to work out, and we welcome opinions from ALL comers!

ORA community is very small, but still active Smiley

Yes, the social contract of ORA will be very important for its future.