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The DAO hack is a great opportunity!
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Author Topic: The DAO hack is a great opportunity!  (Read 2348 times)

stdset

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The DAO hack is a great opportunity!
« on: June 30, 2016, 11:56:40 am »

Ethereum community now straggles among different fork propolsals. And it looks like they (at least their leaders) incline to do one fork or another. Not only it will kill Ethereum, but it will also undermine credibility of all public blockchains.
In such situation it's very beneficial for NXT and for the cryptocurrency movement as a whole, to remind people, that in similar situation, after the first Bter hack, NXT didn't fork. The community was strongly against forking, and it didn't happen.
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JZA

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Re: The DAO hack is a great opportunity!
« Reply #1 on: July 15, 2016, 04:41:06 pm »

Not sure how Ethereum's struggles has to be beneficial to NXT. NXT has had its own issues, and I dont see why the DAO functionality relates to anything that NXT has at the moment. "Stay strong message" could easily backfire into NXT being "not strong enough" to do what it needs to be done, also is never a good idea in technology praise on top of lack of bugs or security. This is a cracker declaration of war.
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stdset

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Re: The DAO hack is a great opportunity!
« Reply #2 on: July 19, 2016, 01:54:54 pm »

Not sure how Ethereum's struggles has to be beneficial to NXT.
Ethereum is currently the #2 crypto with market cap of almost 1B USD. Guess what could happen to NXT if even just 5% of that marketcap moves into NXT, that already happened btw to some extent. NXT exchange rate started to climb on June 19'th, The DAO hack happened on June 17'th.

NXT already proved that it's strong enough, that's my point. It doesn't matter how many fancy features your favourite crypto has. If it commits acts of censorship, it isn't a crypto at all. You should compare your centralised crypto not to other cryptos but to centralised services. And it comes out that all your fancy features are alredy implemented by banks, centralised exchanges and so on in a more efficient way.
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JZA

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Re: The DAO hack is a great opportunity!
« Reply #3 on: July 19, 2016, 10:53:57 pm »

I know for a fact that a 'dirty war' benefit nobody. So talking trash to the competition, could easily backfire. Let alone the probable ethics of focusing resources and efforts to make other cryptos look bad.

I for once would love to see Core Media write more about NXT, and also get some to fhteir articles re-shared by other outlets through social networks.

Video could really help a lot. An example is Dashpay which do technical analysis of major bitcoins but also DASH Dashpay.
« Last Edit: July 19, 2016, 11:00:53 pm by JZA »
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stdset

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Re: The DAO hack is a great opportunity!
« Reply #4 on: July 20, 2016, 04:11:02 am »

It's not us, it's them who make it dirty. Employing censorship and calling their coin a "cryptocurrency" is dirty.
Also, imagine for a while they succeeded with their hard fork. I.e. significant time passed after the fork and Ethereum is still alive and gaining more marketcap. How this precedent could affect other cryptos?
And here are some of their pics:



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