Update on Stuck Block...again...
Mining at Bitember with 170mhs ASIC...I will keep this running until we switch to PoS
Its very frustrating but we should not be too far away from PoS
-BK
Thanks BK! :-) Look at it from the bright side - you'll be able to sell the mined Naut for several times the price in a few months and more than make up for your original investment.
That's the plan! Except I don t think I will be a seller in only a few months....I have big plans for NAUT...long term holder
I can understand you not wanting to reveal your plans just yet, but can you give a rough indication of what you mean by long term? 12 months, 18, 24 or 36 months?
I will be a long term holder as well, but I am just wondering

There is not a secret plan that I will reveal over time - what I meant was that NAUT has a long life ahead of it - the key is remaining flexible and adaptable; and continuously improving. In my view, the biggest driver of value is the network effect. We can always update code with the latest bells and whistles, but it is the coins that have the largest network that will have the most long term value.
My view is that digital currencies will be a new type of investment for Wall Street. The entire goal of NAUT is to be the most attractive currency to BOTH investors and end users. That is why I like PoS - investors understand a dividend; merchants may be more likely to hold; and consumers have a reason to keep them in their wallet. As well, the idea of a PoS multipool is genius - it may even work better than the NSF!!!!
In the short term (next few months) my goal is to have several retailers accepting NAUT (MMA/Fitch might be able to help with this); have the multi-pool up and running; and begin to attract investment capital.
In the long run - the sky is the limit- as it is with all digital currencies. But success depends on a strong community which we are rapidly building.