We have some more interesting news from the NautilusCoin team. After the successful partnership with MMA-star Jon Fitch (who won his fight!), the team is now looking at the road ahead, so let’s look over their shoulder!
The NautilusCoin developer is looking into making this digital currency switch over to Proof-of-Stake. The network is vulnerable for a big miner to execute a 51% attack if he/she wanted to do so. More information about this switch will be posted at a later date.
On the financial front, NatuilusCoin is proving to be too volatile in order for merchants to want to hold their coins instead of exchanging them immediately. Switching to PoS should also help in this regard, but other options are being looked at as well.
High profile public relations is definitely at the top of the “future plans” to-do list for NautilusCoin. The Jon Fitch fight was an excellent start, but you can’t keep riding on its coattails. I’m anxious to find out who or what they will go after next!
The Jon Fitch/NautilusCoin publicity can be parlayed into a major retailer and/or e-commerce player to accept NAUT payments. An exclusive deal would be the best case scenario, but it remains to be seen. More information soon.
Having sound economic fundamentals will certainly push NautilusCoin to new heights. Not only will this attract more investors, which will in turn lead to a better NAUT investment infrastructure. We are waiting patiently to find out more!
Official announcement : https://bitcointalk.org/index.php?topic=591114.msg7701549#msg7701549
NAUT donations : NXS29B1gxJMtHm5hHQ49MvAwqJuiPfLRMe