Gavin recently stated the network is "over secure"...meaning there is too many
miners...if later on, miners need to drop out because there is no more profit,
there may be fewer miners.  There will have to be a balance between security
and fees.   

It largely depends on how big Bitcoin gets.  If a billion dollars
a day is transacted, then a million dollars a day in fees is 1/10th of a percent.

I think it will be a battle between nxt @ bitshares
Nxt has the advantage that has released their "product" first, security wise in my mind the winner is bitshares but only on the playfield they will proove it.
Both coins are still undervalued and I am personaly invested more in favor of bitshares and I continue to invest there because I think they have a greater potential.
Hope the devs and founders from the 3 "coins" will share their good ideas and "work together" so all communities will win a share from the success of this innovative industry! We are all on the same neighborhood 

As Stan (bitshares founder) said:
"Each of us will drive more awareness to each other than they will take away from each other.  It's the same reason competing car dealers and hardware stores tend to cluster on the same street.  Get the traffic to come to your neighborhood and then compete!"

The forging pools with nxt equal the delegates in dpos. This is what makes them equal.

Sounds like he want to pick DaT's brain.

If he had a solid solution he would be releasing without the fanfare.  Just my opinion.

Judging by all these PoS-revivals of old PoW coins, it seems PoS is catching on! Will be interesting to see dPOS in action.

@SomethingElse I wish you were wrong about the best marketing overruling everything, but I'm afraid I have to agree with you. Thing is marketing takes big bucks and massive manpower and time, not something most start-ups can provide unless they have big VC-backing or something like that and that doesn't help with the decentralization and low barriers to entry principles.

Crowdfunding/ipo seems to come with it's own set of problems, like an angry mob of "experts" who seem to think that harassing a small team with extra pressure, threats and rumors is a sound strategy to insure the success of their "investment". I'm seeing more and more kickstarter-projects suffering the same backlash. If anything, it looks like crowdfunding requires that the marketing and pr teams should be bigger than the dev-team.

One thing that worries me about overhyping like with Ethereum is that it could very well backfire, but then again some people just want to believe in a dream, so it might just work even if they aren't able to make true on their claims. Now that you mention it, where is Ethereum getting  the money for their marketing and travels if they haven't done their IPO yet, are they backed by VCs or something? Anybody have any info on that?

Elaborating on my remark about NXT, DeathAndTaxes answered that part very eloquently, also I was paraphrasing what ComeFromBeyond actually said on the nxt-forums as being the reason for not releasing the transparent forging code. The other part of it was referring to the code not being released for quite a while after the fundraiser and even then it had those 3 deliberate bugs in them (apart from the non deliberate ones of course). Opensource is the primary requirement for me in this space for several reasons especially when dealing with trust in anonymous/pseudonymous people.

Where did you see the NDA demand?

Even that is a questionable assumption.

They are most likely not sure if they are correct
and want to recruit you to their cause (not saying
that's bad or good)...

but if they were confident in their solution, they
would release it.  

To me, the (nothing at stake) problem is
not that hard to understand, after having
it been explained to me by yourself in
one of these threads.  Certainly, it is
easier to understand than the nuances of
ECDSA.

Intuition says that a solution to the problem,
if there is one, would be at least easily verified,
if not simplistic itself.  Although, that is just
my gut feeling on it.

Yeah right. That's why Come from beyond wants to reach out to D&T to explain things and show him some code. Logical conclusion, genius.

Of course it is possible.  People can decide for themselves how probable it is.  For the record, I don't believe Come-from-Beyond "reached out" to D&T in a genuine way based on this logic:


What is interesting to me is that in the (IMO very unlikely) event that Nxt has technical promise, then as soon as the code is open-source it will be possible to create Nxt-clone using the spin-off mechanism and immediately bootstrap the clone with a more efficient distribution than Nxt-original.