Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
by
scam confirmed
on 04/07/2015, 14:20:52 UTC
Nxt uses leased forging so you don't have to give up your currency, and i thought peercoin's issuance is based on PoW so you don't send your coins to the pool there either.

NoKoiners mess up with the word "mining". Sometimes they distinguish between PoW mining and PoS mining. Sometimes they even call "mining" "minting":

Quote from: NoKoin Whitepaper
Miner payments are actually composed of two components: coinbase rewards (the new Bitcoin that is minted every block and rewarded to the miner who creates the block) and transaction fees.

Peercoin's issuance is based on both: mining AND minting aka forging aka PoS mining (you know that!). There is no pool for minting Peercoins. But of course there are pools for mining Peercoins.


If that is true, then this just another face palm for nokoin.

Well, how do you understand the following?

Quote from: Sandrine
MyNeuCoin.com
Reminder: MyNeuCoin is an online wallet where you can store, send and receive your NeuCoins. A lot of effort has been put into making sure that it’s as consumer-friendly and easy-to-use as the leading Bitcoin wallets Circle and Coinbase. This is a major project and we believe it will be a huge differentiator from other altcoins, and absolutely necessary for mainstream adoption.

Here are MyNeuCoin features:
- MyNeuCoin is a Blockchain.info type of wallet with regards to the management of private keys. They are never accessible by the online wallet, only by the wallet users (as opposed to Coinbase for example), which is very important from a security, anonymity and regulatory perspective.
- A user interface adapted to non-crypto people.
- A consumer facing Proof-of-stake cloud mining service called “growth accounts”, where users can leave a deposit for a fixed term and seamlessly earn proof-of-stake mining rewards (without even needing know what “mining” or even “cryptocurrencies” mean).

Current focus:
- UX/UI and design: testing and adjustments
- Finalizing scope and parameters of referral programs
- Special focus on the UX of the growth accounts
http://forum.neucoin.org/t/pre-launch-updates/1268