Post
Topic
Board Press
Re: [2014-09-18] Bitcoin Core Developer Jeff Garzik Believes NXT is a “Scamcoin”
by
arnuschky
on 25/09/2014, 14:11:12 UTC
Lots of misinformation here.  NXT is not a clone of Bitcoin, it was written from scratch using java + javascript and has almost nothing in common with Bitcoin aside from the general concept of using a blockchain.
How is this blockchain secured, if not by mining? (honest question)

Please, if you never heard about Proof-of-Work and Proof-of-Stake, use google.
It is quite long to explain.

Phrased my question wrong, sorry.
If NXT is not using PoW, do they use PoS or something else?