If Supernet splits from NXT, it'll be Supernet that fails not NXT.
SuperNET is not going to 'split' from NXT. SuperNET will natively implement some functionality that it is currently accessing on the NXT API.
The assets and the fee, dividend and revenue stream structures remain.
Well why is James "rage selling" his NXT?
As was talked on slack, he is emotionally trying to show, that he can dump the price significantly, so this is a protest to core devs. Also consider the price of this millions, now he bids 20K NXT for BTC, no one will buy that, so for now this is just a protest.
A little hotheaded over an API change don't you think? His blackmail attempts don't inspire a lot of confidence in him or his software. Maybe we should just play out this game of mutually assured destruction that he's started and anybody who holds his assets should dump them. A lot more NXTers hold his "assets" than he holds NXT. Let's push the button and see who survives. Hint: It won't be James or Supernet.
No, I think the truth is in remarks from both sides - core devs have made a mistake while changing API and so giving a reason to eveyone not to believe NXT at all and not to build serious corporative platforms on top of it. They should be considered like guys who have largest NXT stakes, so they are feeling technical and economical power (but saying that I am not going to hurt them, I respect their continous hardworking on the core features). And I should say, this facts could kill NXT. Like mentionally-caught parents could kill their child with infinite love.
Second side is James. He is advanced and very creative, open-mind dev of SuperNET, which could be considered like "such large corporative project on top of nxt" which is very useful and important for NXT platform. And after changing API - it fails. There is no matter, whether it is easy to fix or not (this is the argues of core devs, that the fixing is extremley simple). Now his work is failed due to risk of API changing, it will take him more work to fix the code and to put away some technical nxt dependancies.
SO. It is clear, that James is very important to our community, and thus, to a price o NXT, James will not leave SuperNET from NXT completley it is for sure, but this act of selling 20M nxt - is an act of protest and demand for core devs to mention and to respect the users of the core (cause building a systems on top of the nxt - it is also - a "using a system" of NXT). But his dumping... Don't like this to be real dump
So there is no need to talk about is he survives after his dump. I also think, that it is crucial for one man to rebuild the SuperNET, it is crucial for everybody - cause NXT platform and SuperNET - are losing clients and investors both. I think the way of both sides is to respect each other and produce a synergy, not competition.
James is being too emotional and showing his immaturity. He is costing NXT and SuperNet investors money because he is upset. All of his investors are NXT investors also. How is intentionally trying to suppress the price in anyone's best interest?
James is obviously too immature to handle this situation and the amount of money under his control. I will never purchase an asset that is associated with James and if I hear anyone else thinking about purchasing any of his assets, I will strongly warn them against it. James is only hurting himself with these hissy fits. NXT will survive; James won't.
Agree. Glad I dumped my SN recently. Keep in mind at time the SN idea was conceived, NXT with even less features, was over 6000 sat. BTC was about $480 USD, higher than today. NXT does not need SN, even though it would be a big plus. Perhaps SN does not need NXT either - only needs a scapegoat. Hard to see how BTCD, or any other emerging tech, offer 100% backward compatibility unless development is on par with BTC. I think he has been too harsh on the devs who have been delivering a very stable and featured software.
Also this temporary dumping is a good thing. It helps this "unfair" distribution.
I do not protect James. I hate his way of war with core devs - to dump the NXT by using money of his investors. He is destroying his reputation, absoluteley.
But. I've pointed, that every developer/investor/spin-offer could get on his place. Every serious platform (you may call SuperNET a joke, OK, but I mean, if we talking about other really serious fintech solution) would not ever been build if there appears sometime something like shaded changing of API. It is completeley unacceptable to do of what core devs did. And James is not apoint. He is just an example of what could be with other fintech solution.
The better, for trust, core devs should open the development, really never do that was done with fast and shaded changing of API (here I will be listening, that was not shaded, but, whaterver, it was). Cause, if they still wood be very mighty, they will have an ability to kicck off any other fintech, like SuperNET. It's not good for NXT platform at all. The most strongest side of any crypto - is decentralization, not features.
So like members of comminity we have to fight, not for James or his SuperNET, but for decentralization and our rights. It would be perfect to have a few other teams, which would work on alternative clients. This is really reasonble for platform.