We will also allocate 1% for VISACOIN investors who lost their money.  This requires verification only that they sent BTC to the VISACOIN BTC donation address.  This is given freely.

This didn't answer how the initial distribution is supposed to work. All to Visacoin holders??

No. Just read his post again.

It's not clear.

Who gets the nxt that are traded for NEX? Frictionlesscoin?
How many NEX would Vsacoin victims get?

First feature : Forging bonus for small stakeholders over big stakeholders. Forging rate ceiling over 100000 NEX.
Second : Max 50000 NEX per person at first ipo/distribution watsoever you call it.


 Do that and you win  

Seeking Additional Java Developers

We have successfully decompiled the Nxt source and are now in the process of performing a massive refactoring and cleanup of the code base.

Short term goals.

Remove the primitive addressing scheme and use a scheme that looks like Bitcoin.  Bitcoin addresses are more readable, have a checksum and have many tools to generate them.  Nxt addresses that are all numerical are something that came out of the 1950's.

Secure Wallet.  Nxt wallet is fundamentally insecure.  Exposing a wallet to the public internet for everyone to hack is just idiotic.   No wonder so many Nxt users have lost money!

Nxt does not use an internal database like every other alt coin.  This is idiotic because NXT nodes easily fail and run out of memory.  Furthermore, if you accidentally turn off your node... your wallet can get corrupted!

NEX strives not only to be a fairer distributed Nxt variant,  but a technologically super version.

Join the enterprise... participate with your coding skills!!!

We will not ship SHIT like the Nxt folks.  We will ship product that will secure our users coins!