Coin name: NTX
Total Amount:1 billion
Distribution:POS(Proof of stake).
Software:Based NXT(Thanks for the NXT community)+Custom development
Innovations:Anonymous+Side Chain Technology+Decentralized Exchange Platform
More details on Anon Features and Coin recasting Technology(Full version was in the white paper)
We are now full time developing The Coin Recasting Technology. we have designed the coin recasting system and doing some code works now. How Coin recasting works? Briefly, After the block number reach the setting point, casting nodes will recast every initial genesis block and also the unexpended transactions in the old block will be recast into the new blocks with 1 handling fee. Meanwhile, the block chain will not remove the recast block so that every node can know the recasting. After starting a new round recasting, the last round recasting blocks can be removed. In this case, only a certain period transaction history information been reserved, which prevents the inflation of the block chains. Further more, through coin recasting, we can achieve the anonymity and untraceability of NTX. And also recycle some lost coins(people forget their private key or something else)after a few rounds of recasting. The total number will neither increase nor decrease.
Launch date:9th June 2014,All coins has been generated through the Genius Block.
1 First Anonymous Coin based NXT
2 Coin Recasting Technology
3 Decentralized digital asset exchange platform
4 Single Side Chain approach based
Bitcoin2.0 and
BlockChain2.0 Technology5 More details in the whitepaper
White paper Chinese Version 1.0.
White paper English Version 1.0.
Is NTX the next NAS?
I think leaderless walking dead Zombie coins like NAS have struck marketing gold, (much more appeal than a 'Doge'), Zombies are cool, and funny, and have universal appeal. Why not?
Dev leadership is mostly ineffective anyway, and a point of failure in most cases, and leaderless zombie coins are the ultimate expression of Satoshi's decentralised vision. No government can stop an army of living dead zombie coins! Tech for NTX is not a problem (just a clone of NXT).
NAS has shown the way!!
NTX ... zombie silver to NAS' zombie gold!