Post
Topic
Board Altcoin Discussion
Re: MASTERCOIN VS NXT
by
thoughtfan
on 05/06/2014, 02:08:01 UTC
Im not sure either of these will make it. They both have huge deficiencies in the fair distribution department. The situation reminds me of Bytecoin with it's innovative technology appearing on the screen but 83% already mined and concentrated in the hands of only a select few. Monero simply had to clone it with a fair launch and became CryptoNight chain #1 overnight.

A successful 2.0 coin should embrace that lesson and implement a fairer distribution model to keep gathering followers and remain fair among its competitors.

If a 2.0 release is the way to overcome the initial distribution issue would launching one as a spin-off do the trick (though I'll admit I don't know how that would work with a PoS coin)?