Further to my posts on Bitcoin and Litecoin….again ignore now if those 2 confused you.
I have been reading about a new variant called NXT coin.
It’s different to both of the previous coins in that it doesn’t rely on mining. It has all been created already and the creators are giving away a chunk of the 1 billion created. You gain more NXT from confirming transactions on the network and gaining transaction fees. Sort of like the bitcoin transaction fees going to the miner.
The more NXT you have, the more transaction fees you accrue.
Now when I posted about Bitcoin it was already 2 years in. I wished I had heard about it on day 1 because I would now be rich.
This isn’t quite day 1 but it’s very early.
Who knows, it may be the next big thing, it may not be, but it seems to be worth a gamble to me so I am going to get some NXT and see what happens a year or 2 down the line.
Anyway if anyone else is interested and wants to see what happens check here:
http://nextcoin.org/index.php/topic,104.0.html
https://bitcointalk.org/index.php?topic=345619.0
How to obtain and install the client – if you have issues then message back here ill try to help, I got mine up and running in under 10 minutes:
http://nextcoin.org/index.php/topic,4.0.html
NXT can be earned for free at the moment by helping spread the word or simply by putting your address in a post on the NXT forum.
If you create a wallet and earn some NXT - make sure you save your encryption key otherwise you will never retrieve them in years to come if they are ever worth lots of money.
