Post
Topic
Board Announcements (Altcoins)
Re: Nxt :: descendant of Bitcoin - Updated Information
by
msin
on 20/01/2014, 16:41:36 UTC
Well, I faced a moral dilemma and would like to ask for an advice...

FrictionlessCoin created a thread dedicated to NEX (descendant of NXT). I had a lot of fun reading that thread but I suspect some people took NEX seriously. The problem is that if FC waits till April when Nxt source code becomes completely open, he still won't be able to generate a valid genesis block, coz Nxt uses a crypto algo modified by BCNext (this is why we collected 10 BTC for the audit). I support all cryptocurrencies and would like to help him to create a new genesis block, competition is good for the whole crypto-community. But this could look not very good to guys who own NXTs...

What would u do?

I would tell him that the only way for his coin to be truly fair, would be to make it free forever.  Otherwise, he's creating nothing new or fair.