Stated in the OP:
Those were your improvements over NXT. Now that all those improvements are already in place with NXT, what will be your improvement?
Quote
NEX improves on Nxt by providing the following enhancements:
Block Chain stored in database. Unlike Nxt, NEX does not fail due to out of memory errors.
Secure Wallet. Unlike Nxt, NEX does not expose the wallet to the open internet.
Bitcoin like Addresses. Unlike Nxt, NEX adds checksums to addresses so some random number can't be confused as being a NEX address.
Multi Precision arithmetic. Unlike Nxt, NEX allows up to 8 decimal places.
Block Chain stored in database. Unlike Nxt, NEX does not fail due to out of memory errors.
Secure Wallet. Unlike Nxt, NEX does not expose the wallet to the open internet.
Bitcoin like Addresses. Unlike Nxt, NEX adds checksums to addresses so some random number can't be confused as being a NEX address.
Multi Precision arithmetic. Unlike Nxt, NEX allows up to 8 decimal places.
Those were your improvements over NXT. Now that all those improvements are already in place with NXT, what will be your improvement?
* The addresses are Bitcoin addresses which are 20 bytes unlike Nxt which is only 8 bytes (64 bit).
* The block references are like Bitcoin which are 32 bytes unlike Nxt which only uses 8 bytes for block and transactions references.
* The transactions in a block are hashed in a Merkle root tree unlike Nxt which just hashed the concatenation. The Merkle root is resistive to quantum cryptography attacks and allows for SPV based clients to be implemented.
These are just a few improvements that make NEX industrial grade relative to Nxt.
There are plenty more improvements that we will reveal when the code is released.
Stay tuned!
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