Post
Topic
Board Altcoin Discussion
Re: MC2 ("Netcoin"): A cryptocurrency based on a hybrid PoW/PoS system
by
digicoin
on 16/05/2013, 13:26:34 UTC
>> I'm sure MC2/Netcoin's success wouldn't be affected by clones, and I think the devs shouldn't worry about it.

You are sure about it? Why?

FeatherCoin, ChinaCoin, Feather2Coin, YaCoin ... are copies of LiteCoin. They make LiteCoin a valueless coin at the moment. When there are more than 2 math-based currencies that look the same to LiteCoin, what is value of LiteCoin? Why do people choose it over the clones?

@others

I understand that NetCoin is built on top of BitCoin or LiteCoin source code. It is not written from scratch. Please be careful when you fork an open source project, distribute a binary version without releasing its source code.

Also, NetCoin is math-based currency. Open sourcing it to interested parties will allow people to validate its implementation. Bugs, flaws can be discovered as soon as possible. What's a pity if someone discovers that he can exploit NetCoin's flaws when it is popular.

Also, there is a very bad culture in this forum: copying another person's work without adding any value. That culture must be dead. Such new altcoin announcement should be moderated or moved to unofficial forum, not this one.