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Topic
Board Announcements (Altcoins)
Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
by
jonald_fyookball
on 02/07/2015, 19:38:42 UTC

The following is dishonest:

Quote from: NoKoin website
The NeuCoin whitepaper addresses all the cryptocommunity's 'nothing at stake' objections to proof-of-stake and demonstrates mathematically how NeuCoin's design - with improved security over previous proof-of-stake implementations - foils all attack vectors.



Agree.  And it is and was one of the main things on their homepage used
to convince people to invest.  Even more deceptive is the fact that
they asked for feedback and offered bounties on feedback (which
by the way are only redeemable in neucoin and haven't actually been paid).
This gives the impression the paper is being heavily scrutinized or is
peer reviewed.  

There has been no peer review other from a handle of forum people
such as myself and Ray Dillinger, who also didn't seem impressed,
and we heard second hand that Sunny King looked at the paper
and said it was "about 80% accurate" but there is no one credible
who is confirming neucoin's wild claims.