It should be noted that he posted that in January.
I am looking over both whitepapers now.
https://github.com/john-connor/papers/blob/708f488c8c17e08a12bc4bdb4fc5ac1e2aaf6e24/zerotime.pdf http://vanillacoin.net/papers/vanillacoin.pdf The papers talk about how whenever a transaction is sent, that node will check a hiearchy of nodes (including a masternode?) to see if the majority of them have accepted it; if they have, then it will accept it too with no questions. I have some serious mathematical issues with how this will work in real life.
In any case, this currency is getting pretty big and if there's something behind this, then great: I will be a massive supporter. But if something's fucky, it's time to find out.
i am trying to find out if vnl is real deal or not
this is what i find so far
More nodes staking does help secure the nPoS channel yes, so thank you for helping
As to Trust Key expiration if you don't stake for 1 day your key will expire requiring you to get another genesis transaction and create a new trust key starting at 0.5% interest. Most likely going to increase the expiration time to 1 week or month, depending on what you guys would like so if you have suggestions to how long you would like the expiration time to be, let me know
Vanilla has had a lot of attention, but under false pretense such as: The Angel Investor was actually John Conner.
There are also some false claims such as their staking being more energy efficient, when it is an exact line for line clone of Peercoin, just rewritten in C++ 11.
Another thing for you VNL holders, don't trust Zero Time. I found some flaws in it that would allow successful double spends at zero confirmations without 51% of network power, I'm writing a report for a friend about it and other positives / negatives with its claims / actual results.
But on another note, I'd like to extend my appreciation to everyone for helping make Nexus what it is, don't forget:
By the People, for the People. To me, Nexus isn't just about profit, it's about freeing ourselves from a system designed to keep us enslaved, the more everyone works together, the more chances we have at this Freedom.
Cooperation, not CompetitionWe Are Nexus