Post
Topic
Board Announcements (Altcoins)
Re: NEM Official Moderated Thread - Open Alpha Has Launched[Updates & Discussion]
by
ARGpentem
on 07/07/2014, 13:02:10 UTC
The recasting feature of NTX coin seems very interesting. NTX is a Chinese branch of NXT.

RECASTING Feature: Prevents the inflation of the block chains and makes the anonymity of the coin untraceable.  Recycle some lost forever coins after a few                     rounds of recasting.

Will NEM include such features? If not, is it possible to add RECASTING feature to NEM?

I think it is a good feature which will definitely benefit NEM. Devs should consider to add this feature to NEM.

from irc:

Quote
00:13 <@gimre> TruthTaco_: can't tell, english paper sound like auto-translation and doesn't make much sense
00:19 <@gimre> TruthTaco_: I'm wondering how they want to ensure anonymity, there's almost nothing about that
...
00:27 < Hap_> Anonymity is a fad.  Darkcoin isn't going up from use but rather people speculating on the preceived 'value' of
              anonymity.  I don't think the logic is particularly sound.  Almost nobody uses TOR or other anonymity measures.
              It's a very niche thing.
00:28 < Hap_> Great for pedophiles and drug dealers but that isn't the current crypto user or future user.
00:29 < Hap_> Nor is it proprietary.  If anonymity proves to be that important then everyone, even Doge, will rip it.
00:29 < Hap_> It's an one trick pony when coins specialize in anonymity.  ---? agree witth his


Yes, I agree. Anonymity is for criminals and pedophiles of all kinds! ---> hugely biased point of view.

Criminals do not need crypto anonymity, they have BoA, HSBC, GS and others to deal with that. Is not like there were no criminals until bitcoin arrived!! i.e. http://www.bloomberg.com/news/2013-07-02/hsbc-judge-approves-1-9b-drug-money-laundering-accord.html


+1 on this but we could just relax and wait until the coin is out first. The anonymity discussion is unnecessary at this point.  I think NEM is positioned to be a multi-service 2.0 gen. crypto so an anonymity service could be built on top of the blockchain and that would be a more flexible approach.