Re: Proof-of-stake is more decentralized, efficient and secure than PoW- white paper
PS: Speaking of Meni Rosenfeld, since I read the following I tend to put him in the category of FUD spreaders with an agenda as well:
"So they [BCNext] went with a centralized issuing, where the coin's creator gets all the proceeds from the issuing. Of course, this means the currency is not decentralized.
Probably, the creator wanted to get rich quick, and this contributed to the decision."
(source http://bitcoin.stackexchange.com/questions/36675/what-prevented-nxt-from-being-distributed-the-same-way-bitcoins-are )
"So they [BCNext] went with a centralized issuing, where the coin's creator gets all the proceeds from the issuing. Of course, this means the currency is not decentralized.
Probably, the creator wanted to get rich quick, and this contributed to the decision."
(source http://bitcoin.stackexchange.com/questions/36675/what-prevented-nxt-from-being-distributed-the-same-way-bitcoins-are )
I've added my answer to that question.
Cool, thanks Come-from-Beyond.
@NeuCoin people: This is your thread, didn't you want to "defend" your whitepaper?!
(Or are you currently busy reading up on other PoS implementations than the one of Peercoin
)(I'm leaving now...)