NOT TO BURST EVERYONE'S BUBBLE
.
but Nxt is completely 100% susceptible to the 51% attack
its the 51% developer attack.
If someone gets 51% of the development talent, gets old source code etc, Nxt is completely destroyed by
.
Nxt1 Nxt2 Nxt3 Nxt4 Nxt5
Nxt 1000000
has anyone thought of this??
Thank God you weren't ready to dump your life savings into NXT!
Your faux inquisitiveness is really, really wearing thin. Please read the wiki re: PoS vs. 51%.
yes yes I understand it is not susceptible to the POW 51% attack. However, it is susceptible to being copied and pasted INFINITELY. As I said before, bitcoin cannot be copied and pasted because the mining network cannot be copied infinitely, unlike the source code.
NXT ISNT BASED ON MINING SO THE ENTIRE THING IS COPY AND PASTABLE!!!!
To combat this problem, the source code is only partially published. If the rate of generation of new Nxt source code is outpaced by a competitor or group of developers greater than Nxt's dev team, the entire thing can be copied and pasted an infinite number of times.
WOW I AM SAVING SOME PEOPLE A LOT OF MONEY RIGHT NOW