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    Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761738 times)
    ParmaBTC
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    December 09, 2013, 12:08:12 AM
     #2721

    Hmm, couldn't say without a white paper/ source code. I would assume its similar to pruning, but "shrinking" could be interpreted as a type of compression.

    Actually it's supposed to be such a way:

    1. Take all non-zero balances.
    2. Generate a new genesis block.
    3. Start a new blockchain.
    4. Put old blockchain to somewhere for those who wish to check that new genesis block is legit.

    I think that will be the chance to recover lost accounts.
    will be that possible?
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