Cryptocurrency allows immunity from interjections and the handling of central banks. It gives us freedom of our economic management. CoinTelegraph talked to Pascal H. Hamonic , a core member of Nu ( NuBits ), decentralized startup in peer-to-peer banking, Petros Anagnostou , Chief Marketing Officer, and Mourad Ilyes Mlik , IT Engineer, of CreditBit , an open source software project released under the MIT/X11 license, about alternative cryptocurrencies and fintech innovations.
Cryptocurrency compared to fiat is neither stored nor checked by central banks or governments. You possess all your money, and the system is secure thanks to the peer technology Peer2Peer. The counterfeiting is unfeasible.
Julien Yuki Hamonic , core member of Nubits, says to CoinTelegraph: “A new thought form to structure organizations is emerging: the Blockchain. Take a look at Nu, the DAO which is issuing the dollar pegged US-NBT. NuShareholders mirror holographically the whole blockchain, this pattern of blockchain is being found again in another scale of itself, B&C exchange . Though its parts are not related by any hierarchical relationship, the whole is greater than the sum of its parts and produce a meaningful business value. May the Blockchain be spread fractally, holographically and synergistically!” Proof of validation
CT: The coin Nubits since it is a PoS, has a form of currency and NuShares is the solution for Proof of Validation, that way solves the problem that PoS have?
Pascal H. Hamonic: The DAO (Decentralized Autonomous Organization), called Nu is a DAC whose business is to issue stable crypto-currencies, called NuBits. Nu is a fork of Peershares which is a fork of peercoin.
As you may know, Peercoin is the first PoS coin. So Nu is indeed PoS. The way it works is that shareholders who hold NuShares vote. By voting they contribute to the business of […]
