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Showing 20 of 95 results by Voluntold
Re: Why do people believe that Proof of Work is good for distribution?
Guys, this is a serious question. Go to the kindergarten if you want to talk this way.
I'm %100 serious. Initial distribution doesn't matter.
Edit: It does matter if all you're interested in is getting rich yourself. Which isn't a bad thing. Just wish people would be more honest about their greed instead of trying to make dumb arguments about "unfair distribution".
ok - let me throw this prickly one at you genius.
what about the insane idea that people just think you are scamming them? and then never buy into your "it doesn't matter how its distributed " currency or investment?
did you ever think of that? - or, were you kind of falling back on the Facebook example ?
You're just telling me more and more about yourself. So you didn't get in on an IPO (maybe Nxt?) because you thought it was a scam, and so now you're jealous of other people that are getting the huge reward for the risk they took?... Sorry, I didn't get in on any of 'lucky' IPOs either, but I'm not going to blame that on the mechanism for initial distribution or securing the network.
Re: Why do people believe that Proof of Work is good for distribution?
Guys, this is a serious question. Go to the kindergarten if you want to talk this way.
I'm %100 serious. Initial distribution doesn't matter.
Edit: It does matter if all you're interested in is getting rich yourself. Which isn't a bad thing. Just wish people would be more honest about their greed instead of trying to make dumb arguments about "unfair distribution".
Re: Why do people believe that Proof of Work is good for distribution?
PoW isn't good or bad for distribution, same as 100% PoS/IPOs. Distribution doesn't even matter. "Good for distribution" and "Fair distribution" are just phrases people use to try to fool themselves and/or other people into believing that they give a shit about anything other than their own self interests. It's a good indicator to show me exactly where a persons emotional maturity (and critical thinking ability) is at.
you Sir are either:
1.\retarded
2. a sock puppet.
you choose.
Don't project...
Re: Why do people believe that Proof of Work is good for distribution?
PoW isn't good or bad for distribution, same as 100% PoS/IPOs. Distribution doesn't even matter. "Good for distribution" and "Fair distribution" are just phrases people use to try to fool themselves and/or other people into believing that they give a shit about anything other than their own self interests. It's a good indicator to show me exactly where a persons emotional maturity (and critical thinking ability) is at.
Why all the hate? Simple. A lot of people see it as a threat. Especially Bitcoin'ers
You'll see the hate start coming out every time the price has another significant rise.
And I think arguing about initial distribution with just about any coin that's trying to achieve mass adoption, is just stupid, and shows your lack of critical thinking ability very well. So haters, go ahead and say what you're going to say, it won't change anything and I'll gain a little more knowlege.
You'll see the hate start coming out every time the price has another significant rise.
And I think arguing about initial distribution with just about any coin that's trying to achieve mass adoption, is just stupid, and shows your lack of critical thinking ability very well. So haters, go ahead and say what you're going to say, it won't change anything and I'll gain a little more knowlege.
Re: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people?
Nxt is a very original crypto because it was the first to dispense entirely with PoW mining and all its environmental destructiveness. (Also, the high cost of mining equipment makes mining an unfair mode of distribution.)
The reason Nxt gets so much hate around here is that it has rendered all that mining equipment that miners have spent thousands on, completely useless and obsolete. A lot of miners hate Nxt for that. Others have seen the writing on the wall and decided to invest in Nxt.
The distribution thing is a non-issue. BTC and LTC distro are both worse than Nxt's, so Nxt has best distro of the top 3 cryptos.
The reason Nxt gets so much hate around here is that it has rendered all that mining equipment that miners have spent thousands on, completely useless and obsolete. A lot of miners hate Nxt for that. Others have seen the writing on the wall and decided to invest in Nxt.
The distribution thing is a non-issue. BTC and LTC distro are both worse than Nxt's, so Nxt has best distro of the top 3 cryptos.
+1 Exactly. Thank you for saying it so I didn't have to. Distribution doesn't matter one bit, and is practically the only tool in the hater's arsenal. And you totally hit the nail on the head with the miners. I saw the writing on the wall months ago, and could see the steady flow of hate/jealousy/fear starting to ramp up. I suspect the hate/fear of NXT will continue and grow stronger until it passes bitcoin in marketcap.
Are any NAS or NEM faucets out there?
I don't know about NAS, that's just a strait clone of NXT. NEM hasn't launched yet, so no. You can purchase NEMstake in 0.1 increments on the NXT asset exchange right now though.
Most of stuff from nxt is copy from ripple, probably not exact code but the ideas.
Uhh... No. Nxt and Ripple are quite different.
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
that reminds me of spaceballs 
I CAN'T BREATHE IN THIS THING!
~1000 people has about 50% of all bitcoins.
1) Has nothing to do with the discussion
2) Citation? We dont know that
3) Even if it is true it doesnt undermine bitcoin security and decentralization of the mining network
4) Is still not a reason to promote junk coins like NXT
If you buy 90% of all nxt's, security and mining (forging) will be fine.
NXT has many features and more perspective than other 99% altcoins.
Yeah right how is that? I buy them I split them into multiple wallets. Try forever until I get a couple of blocks to "forge" in a sequence which is known so I can perfectly plan this in advance. Double spend them on all exchanges and bankrupt them. Ohhh I forgot there is a centralized checkpointing system. You are right I cant do that even with 90% of the coins with the centralized check pointing "invention". NXT is the most unsecured shit.
LOL. You might not want to get confused with Peercoin.
Re: Delegated Proof of Stake (DPOS) White Paper by Daniel Larimer
I skimmed through and all I had to see was 'reputation is centralization'.... No it's not. A reputation system is not what led to fiat money. That's ridiculous. Please explain to me how a reputation system would lead to manipulation??? Ebay seems to be doing fine.
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
Anything involves James nodecoin would need a great deal of luck to go through.
I've bookmarked this. Care to wager a NEM stake on this?
Listen, I understand you're the head of NEM. Respect for you and your team. Somehow, in all the 'fair distribution' talk it's forgotten that CfB, Jean-Luc, CIYAM, James and others are a killer team. We're not waiting on an alpha, or picking out logos -- we're testing features now as I type this.
I wouldn't wager my NEM stake if I wasn't 100% positive.
Are all those people still involved in NXT? I thought CfB's contract was up. It looks like Jean-Luc and wesley have made all the commits for at least all of April: https://bitbucket.org/JeanLucPicard/nxt/commits/all. Is there another repro where other people are contributing?
CfB hasn''t left totally. He is still around, and waiting for DGS and asset exchange to finish. CIYAM is of course still working on AT project. James is supposedly "working" on dozens of things, but they don't involve changing nxt core. These are all his own projects. There are many others working on various projects (like android apps, games ( http://www.nox.am/ ) websites ( nxt.org, etc)
The front page of the game demo does look inviting. I could agree that NXT is still the most exciting alt coin system out there currently.
Looking at if from a market cap stand point it must be true. I hope one day nxt can shake of the dark stigma of unfair distribution and whales but i don't see it happening anytime soon if ever.
Did "whales" hurt bitcoin? 1 person holds 10% of bitcoin and 200 or so have 60%. Same applies to Litecoin and Peeercoin. In fact, same applies to Nem. The population of the word is 7 billion. So "3000" (if you ignore sock puppets) would be considered "unfair distribution, by the rest of 7 billion. Your argument is total nonsense.
+1 Yep. I've always thought about this. If mass adoption is what matters, than there really isn't much of a difference between 10, 73, or 3000. However, there are a FEW advantages to having a few more initial stakeholders, like having more people run nodes at first and help out with marketing and such. And in this case, although I think it's unfair and doesn't really matter in the end, having less than 100 stakeholders apparently has a pretty negative stigma...
Edit: and by unfair, I mean I think it's unfair that so many people have such a negative view about Nxt's initial distribution. It's already better than bitcoin's distribution.
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
Nxt is the most exciting 'coin' for me, but I'm also pretty excited about NEM. Overall Nxt and NEM are really the only ones that excite me at all, so far. I'm a little sceptical about Ethereum...
Dead on Arrival!!
NXT has been in serious decline for a long time. Is this new marketing effort with more pretty web candy really going to improve NXT? There are at least three serious NXT alts launching in view of the NXT 'unfair distro'. I doubt you'll be able to produce any kind of recovery just because you started this stupid 'new official thread'. NXT is dead. Pump and Dump is dead. People around here are too smart for that.
Now that the whales are starting to sell big time, the only people putting money in are the suckers. It is over.
NXT has been in serious decline for a long time. Is this new marketing effort with more pretty web candy really going to improve NXT? There are at least three serious NXT alts launching in view of the NXT 'unfair distro'. I doubt you'll be able to produce any kind of recovery just because you started this stupid 'new official thread'. NXT is dead. Pump and Dump is dead. People around here are too smart for that.
Now that the whales are starting to sell big time, the only people putting money in are the suckers. It is over.
Awww... You beat Emule!