We need to focus. I need to focus. Thoughts.
BCNext's idea was, speaking of forging incentives, to get rid of transaction fees. The idea is that companies, who use Nxt (as a platform, as their payment provider, as what ever), earn money with their services, and thereby have an interest in running nxt nodes to provide stability for it.
But BCNext doesn't live in fairy land (well, sometimes he does, i think) and knows that thousands of companies will not get built on top of nxt or use nxt right now but in the future. First, we need to provide a stable and secure network to (potential new) businesses before they use it. That's why the first plan is building Nxt as a currency to get a wide adoption. I don't think we are there yet. Only because we know the 2nd plan doesn't mean we have to jump on it. Or should we? And, of course, trust no one, we don't need to follow his ideas, yada yada yada. Well, he is a smart guy. Let's think about it:
We need fees right now to have an incentive for forging (and maybe a better fees structure, like the hallmark idea) and we don't know for how long. But we should also get rid of fees to make it possible for companies to use Nxt. This chicken and egg problem can only be solved with a gradually decrease of fees and give Nxt a kickstart with paid infrastructure for the next months (years, we don't know). Or is there another solution?
If this is correct, we should talk about how we will come to a consensus about decreasing fees in the future. And our infrastructure committee (not in place yet) should go to work on nerdy things for stability, 1000TPS, .. as soon as possible.
Also, how do we prevent spamming when there are no fees? Maybe we should have different fees on different parallel blockchains.
Penalties. At least it was part of BCNext's idea that we should penalize accounts who don't forge. I don't see a problem here as long as we talk about proper penalty. Not allowed to forge for the next 1440 blocks seems fair.
I want to know where I'm wrong and I want to hear CfB on both topics.
I don't know if u wrong or not.
Let put some coin miner on top of NXT network, I believe enough computers will be online maintaining the NXT network with that. If you want
loyal miner, you have to made a PoW scheme that is scientifically useful, like
primecoin,
riecoin or
gridcoin.
One simple easy idea if possible, for a start, would be to combine primecoin and riecoin algorithm in one PoW coin. Odd BLOCK is on primecoin algo, Even BLOCK is on riecoin algo. People that like science would like to contribute evenly to both prime number research.
Personnaly, I don't think NXT can have much sucess as a first gen currency, bitcoin is there for that. I would focus on second gen feature.
