Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: hackstutz on December 26, 2013, 04:25:11 PM



Title: Nextcoin
Post by: hackstutz on December 26, 2013, 04:25:11 PM
Hey folks,

what is all the hype about? I don't get the whole "Nxt-thing". Can we clarify a few points please? :)

1. I heard its closed source, is that true? If so, why should one trust it?
2. Why is it better and why is it worse compared to other PoS-Coins like e.g. peercoin?
3. Do the claimed features work? Is there already a client? Have they been tested by public?
4. I heard they are being DDosed right now: Why is that possible to Nxt but not possible to BTC? What does that mean for Nxt
5. How does it compare to Mastercoin? Both try to implement similar features (p2p exchange, colored coins, etc.)

thanks for any comments and cheers