Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
Anon136
on 20/02/2014, 17:14:02 UTC
https://bitcointalk.org/index.php?topic=430467 if his claims are true than there could be a lot of opportunity here. He accepts escrow but refuses to release the source before I release my escrow. Even though the code will be closed source, he promises to release a working client before i release my escrow. My concern is that maybe he will simply change a few values in nxt and add a new graphical fronted so that it looks like brand new software but is actually just a clone of nxt.

what do you guys think? is there a way of telling whether or not he copied nxt without seeing the source?

if he did copy NXT then he not only ported to c++ but he also added PoW component.  Id be more concerned of him cloning CGB/ADT or some other Pos/PoW coin

ah well the point remains. is there any way to tell if he did this?

Ask him to release partial code, he should be comfortable with that if he's legit.

when does the first round of investing end? im under the impression that the 22 is the last day but i just want to make sure.

also one of the claims that you make is that the code is brand new built from the ground up. so one of the stipulations for releasing the funds that i am holding in escrow must be that you prove that fact. any ideas how to handle this catch 22 since you say that you need the escrow funds released before release but that the code will be closed source until release?
yes the 22nd is the last day. Exact time will be announced later.
We cannot prove anything regarding the source without partly releasing it I guess. Anyway we will not release any code before the launch. We have explained that we need the escrow funds at least one daybefore launch. It is not your task to check if any conditions are matched if you offer an escrow service for someone else. So if someone want to release the funds you would have to deliver it - that is my understanding of escrow services. If you do not like the idea that eXocoin will be closed source as of now and are not going to finish any escrow under this condition then please hand your holdings back to them. You will see that we have a completely new programm at least when you read the whitepaper or participate in the open beta. That must be proof enough.