Post
Topic
Board Altcoin Discussion
Re: Proof of stake instead of proof of work
by
ChuckOne
on 17/05/2014, 19:25:39 UTC
Nxt doesn't have centralized points. It's PoS algorithm is different than all perrcoin clones, well according to CfB -- one of the main developer.

It is. I have looked through the code. The point in the Nxt forging algo is the determinism that outperforms any other PoS blockchain.

Peercoin uses another definition of stake:
 - Nxt: Stake = NXT
 - Peercoin: Stake = PPC x time