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    Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761749 times)
    ChuckOne
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    ☕ NXT-4BTE-8Y4K-CDS2-6TB82


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    February 24, 2014, 09:03:40 PM
     #37021

    One of the things I like about NXT is that it has the potential to make mining obsolete. This whole operation even being needed seems like a waving of the white flag by POS, admitting that the network can't be secured without mining.

    I think the point is that we do not want bloat the space of node just for the sake of it. Each node should contribute to the stability to the network. And to prove that, it simply has to do some sort of work.

    Just having zombie nodes contributing nothing is not enough.

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    I'm old enough to remember going though an energy crisis. If that ever happens again a lot of people are going to be giving the stink eye to the alternative coin mining community. I mean why did we even invent all those pig-tail looking light-bulbs if this is how we're going to squander electricity?

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