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I thought this is a very interesting coin and asked iamnotback (before he was banned) about it and this is what he replied:
I don't know anything other than what you wrote and my quick perusal of the OP of their ANN thread.
I will just say that three algos makes it less secure so that is nonsense. They are PoS with PoW distribution, which is nothing special.
Looks like hype to me. I have no idea if their devs are good or not.
It is either a scam or just an average attempt.
Anything can get pumped these days. But this isn't next big thing as in it won't compete with Ethereum.
Supposedly, quantum proof crypto makes this coin safer but according the Shelley it's less safe. Can someone who has a good technical understanding reply to this?
Hello Shelly,
may I ask, what do you think about Nexus?
https://bitcointalk.org/index.php?topic=657601.0
There was no ICO, Premine, Instamine. There is Quantum proof cryptography, 51% attack safe by mining on three algos, working on some solution for scalability, decentralised, and working on becoming independent from the internet by partnering with vectorspacesystems.com and broadcasting the blockchain from cube satellites.
Do you think this is a scam?
Best,
ms
may I ask, what do you think about Nexus?
https://bitcointalk.org/index.php?topic=657601.0
There was no ICO, Premine, Instamine. There is Quantum proof cryptography, 51% attack safe by mining on three algos, working on some solution for scalability, decentralised, and working on becoming independent from the internet by partnering with vectorspacesystems.com and broadcasting the blockchain from cube satellites.
Do you think this is a scam?
Best,
ms
I don't know anything other than what you wrote and my quick perusal of the OP of their ANN thread.
I will just say that three algos makes it less secure so that is nonsense. They are PoS with PoW distribution, which is nothing special.
Looks like hype to me. I have no idea if their devs are good or not.
It is either a scam or just an average attempt.
Anything can get pumped these days. But this isn't next big thing as in it won't compete with Ethereum.
Supposedly, quantum proof crypto makes this coin safer but according the Shelley it's less safe. Can someone who has a good technical understanding reply to this?
When you start your trolling with "I don't know anything" that about sums it up. But anyways, it's a well thought out project with dedicated and intelligent people involved. I'd prefer it stays small and only have good people involved to avoid negativity that occurs sometimes. They say it's quantum resistant not proof however, nothing is quantum proof despite rumors or false statements.
Wait for the Whitepaper to be released and then see how it looks.
