when the core and economic parameters fundamentally change -
so the PoW Algo + the fundamental economics parameters.
you could say that's a new thing.
so from "Bitcoin"
PoS ( Proof of Stake) is new
Po$ ( Proof of Scam) Is new ( all IPO Crypto)
cPoW Proof of work with an EQ reward is new (Myraid if it has an EQ ) ( Quark + clones)
I'm not wanting to argue. But sounds like what you are defining as new is just tweaking of some parameters and saying it's a NEW code. Surely it's just a small change looking at the bigger picture? yeah it might improve the coin but it's essentially the same coin, right?
To me a new code from scratch is not even influenced by another coin. Cause Like I said I'm not technical I want to know what is truely new about these new coins and what is smoke and mirrors.
I'll be honest I do t really trust these new coins that say they were going to be a NXT clone and then overnight turn around and say they are coded from scratch, it smells a bit fishy to me.
I'm fact finding I'm open to be convinced.
I wonder how we can check source codes from independent people who could really know how much a 'NEW coin' has plagiarised NXT and how innovative it really is?
Problem is so many people with skills are attached to projects and have their bias but the community needs some way to know what is under the hood of these new coins because I bet 95% of investors have NO IDEA other than the logo design and name of the coin what they are buying.
1. a discussion isn't an argument.
2. if you are talking about an "e-cash" protocol then the Bitcoin PoW is derived from the something called "Hashcash" but the principal of the decentralized ledger is unique to the Bitcoin protocol the NSA white paper of 1996 covers the details and attributes of the actual protocol, Bitcoin basically used the "Hashcash" PoW for a "Decentralized ledger"
now
I would argue that a "Crypto currency" has a :
1. Decentralized ledger
2. uses encryption to secure it
"Emuni" is a ground up system that has a decentralized ledger - but i'm not sure of the encryption or other aspects.
NXT is a Po$ IPO ( that is to say they use PoS after the "Proof of scam" issuance period.)
I would argue both of those are new, so it comes down to what you want to call a "Clone."
likewise Quark and Myriad.
it comes down to your level of education i guess?