Nxt has more infrastructure today mostly because it has been out longer. Most of the advantages listed in the Nxt list are temporary and BTSX will quickly reach parity. Other advantages listed are "future", ie taking credit for planned upgrades without giving BTSX credit for our own planned upgrades.
Nxt has a lot going for it. I welcome the competition, the market is big enough for both of us.
I agree, both will continue to grow with time. I'd like to think that by the time BitShares reaches parity with the current version, Nxt will also have more features by that point and Bitshares will be playing catch up for a long time to come.
That's fair, I removed future advantages for Nxt. Except instant transactions because it's my own pet project
-More decentralized.. any who wants to can forge. Via leased forging you can even just buy some Nxt to lease to a forger.. similar to DPOS's voting system but less likely to become as centralized and anyone who wants can still forge
This is not an advantage of Nxt... BitShares is more decentralized. While any one "can forge", anyone below a certain percentage ownership cannot do so profitably. Also the marginal utility argument of adding additional forgers shows there is a limit where additional decentralization costs more than the value it provides. With BitShares everyone has a say proportional to their stake....
I think at the end of the day Nxt turns into DPOS via leased forging with a different voting algorithm and that is it.
Yes.. but they can lease their forging power to someone else. Same idea as voting for a delegate.
Also, when it only costs a few dollars a year to forge.. people are willing to do so without needing to be profitable, this isn't Bitcoin where you need heavy duty mining machines. Even at far past Bitcoin's size, an average PC will be capable of just as much.
Why is DPOS superior? As I understand it, it's because it allows faster transactions, right? Well, let's just say if I were to explain my idea.. Bitshares would be the one switch over to Nxt's algorithm. But still keeping it under wraps until ready to release
unfortunately for nxt supporters, they have mistaken flash for fire, luckily there is time to move to Bts
Why? What big advantages does BTS have?