Post
Topic
Board Announcements (Altcoins)
Re: [NUD ₦ ] New Universal Dollar | Bcrypt | 0% Pre-mine | First Anonymous Crypto
by
NUD
on 19/08/2014, 22:04:20 UTC
What happen?  bad news ?

No. We had to pay bittrex 35k NUD to cover the expenses of the last hardfork for them, this is exactly why we got ourselves the NUD. Doubt we could round up 35k at demand instantly.

If you require users to download the blockchain instead of having the nodes distribute it, why bother with a blockchain and peer-to-peer at all? Wouldn't it be easier if you make your coin a mere wallet website where people can login and view their balance, transmit coins etc.? Then you can edit the balances as you wish, without creating synchronization issues. This would also cut your development costs as you would not have to bother with all that cryptocurrency stuff anymore (which seems to go wrong regularly, anyway).

The logic is still peer to peer and not centralized as you seem to suggest, it's like the bitcoin blockchain which is available via torrent.


In any case the new website is up! It's still an early version but that's what we have going on for now.