Post
Topic
Board Announcements (Altcoins)
Re: Nxt Monetary System launched: Now on Nxt Testnet!
by
ChuckOne
on 21/12/2014, 16:27:09 UTC
How customizable will MS coins be when it goes live on testnet?  I know we have a few set options like POW and Coin Mixing, but will we be able to add advanced features via API or will more options just be added by devs in future releases?

Right now, we go for a "just to be added by devs".

But:

Chuck, am I right to think that other properties can be added in the future? Depending on what people want/dream up?

That is true. However as with every decentralized currency (which those Nxt Currencies will be), they start with a social contract. That is, people will only have faith in the newly created currency when they can trust the stability and adherence to the social contract of the currency.

Currencies of the MS are not supposed to change once they are created AND in production.

Only new currencies would enjoy new properties later introduce than those initial ones.


But yes, people are free to suggest and to shape the decentralized nature of the Nxt economy platform.