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Topic: Alt-coins with practical use - page 3. (Read 514 times)

hero member
Activity: 1092
Merit: 501
November 12, 2019, 09:54:41 PM
#12
ETH, Monero, Siacoin, IOTA, Golem, ripple are some of the well known coins which have a practical use. PERL coin came up with a good practice, the coin became opacity coin. What are the remaining alt-coins which have practical usage?
There are some coins that are used to buy the fees on exchanges whether they are centralized or decentralized so the binance coin and waves are coins with some practical uses, stable coins are also very practical if you are expecting the market to go down or you cannot watch your coins for some time and you do not want to risk the coins in which invested crashing while you are not monitoring your coins, finally dash is another good privacy coin for those that care about it.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
November 12, 2019, 09:49:08 PM
#11
We all know that they have different proposed solutions to be solved but technical one purpose, to be used as currency for other people.

I believe that this is one of the reasons why most ICO fails or technically speaking; most of the newly introduced coins would be for the crowd-funding and no more practical applications. You would know the worth of the coin if you would have these characteristics
  • Part of the top 20 in CMC
  • More HODLers
  • Checking the Market Cap
  • Community behind the coin

You can never be sure if the coin would be worth it, but you would know if it has practical use if it's being practiced by the people using it. Most of the time, every coin has its solution to solve, but it's up to the person if it's still worth investing. If I were to choose the most practical ones, it's the one on the top of CMC. I don't know what else.
hero member
Activity: 2520
Merit: 952
November 12, 2019, 09:27:45 PM
#10
Never forget Dogecoin and Litecoin.

These coins are way better a payment if the fees are higher for the current altcoin that you use or even with bitcoin. There's also a contender in the name of Nano that has a fee less transaction. There's Dash which is the number 1 masternode coin and also Basic Attention Token which is the main coin of Braver browser.

I will go an extra mile. Why not use fee less coins then? Steem, eos, tron they offer free transactions albeit you have to lock some of your coins but they still remain in your custody.
sr. member
Activity: 1050
Merit: 256
November 12, 2019, 09:00:00 PM
#9
Lots of altcoins that have practical usage. Usually top 50 CMC. Like XLM, NEO, ONT, and many more.
But what I like the most is VIDT, although it's not included in the top 100, I think their platform is very good. Their platform aims to secure digital files from piracy and plagiarism. So every digital file that you upload there will have a certificate in your own name and someone cannot claim it. Moreover, this is beneficial for large companies.
jr. member
Activity: 32
Merit: 1
November 12, 2019, 05:11:03 PM
#8
ETH, Monero, Siacoin, IOTA, Golem, ripple are some of the well known coins which have a practical use. PERL coin came up with a good practice, the coin became opacity coin. What are the remaining alt-coins which have practical usage?

For me the altcoins with practical use case is Eth, Power Ledger and Xlm. That is why you see these projects soaring.
sr. member
Activity: 692
Merit: 254
terra-credit.com
November 12, 2019, 03:59:17 PM
#7
Coins like Livenpay, Pundix, Alchemy has real use cases. Livenpay is a very popular restaurant app in Australia! Through this coin, you can order food, drinks and you can pay with the LVN coins! Pundix is a great crypto asset, they have a pos wallet which is using by in real life! Their BOB smartphone is coming to hit the world! There are many good altcoins that have real-life usage!  
sr. member
Activity: 1064
Merit: 253
November 12, 2019, 03:57:03 PM
#6
ETH, Monero, Siacoin, IOTA, Golem, ripple are some of the well known coins which have a practical use. PERL coin came up with a good practice, the coin became opacity coin.
I have to admit I've never heard of golem, but the other ones I'm somewhat familiar with.  As far as practical uses go, I'd say monero offers a lot more privacy than other coins but I don't know if it actually gets used for anything practical.  Since I've never owned any monero, I'm not aware if you can buy anything with it.  Same goes even for coins like Eth.  Being able to purchase goods or services with a coin is probably the most important measure of practicality in my opinion.  True, Eth does offer the smart contract functionality, but that really hasn't been used for many real world purposes other than creating scam tokens.

How about doge or litecoin?  There are merchants that accept those coins for payment, and they're even sold at some bitcoin ATM's.  They might not be as popular as coins like Eth or monero, but they do get used more for commerce I think.

By the way, I'm curious as to what siacoin, iota, and ripple are really used for.  Anything other than trading?
Siacoin - used for cloud storage
Iota - you can use it for data protection and verification, planning to have dapps on the network soon.
XRP - contentrated mostly on payment and transfers
sr. member
Activity: 1190
Merit: 255
November 12, 2019, 03:50:02 PM
#5

Golem(GNT) is one of the old project that is up to these days hasn't develop a good product, I might just be too outdated but this project is almost like the iExec RLC which its price is more than 100x than GNT. I'd probably sell GNT for ADA if I own some of it, the two just have identical price but at least ADA has something to offer after this testnet they are doing. ADA has more practical use like ETH
jr. member
Activity: 66
Merit: 1
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November 12, 2019, 03:43:34 PM
#4
Checking especially the use case and team zeal would help identify if the use cases are really genuine one or mere one.
hero member
Activity: 2884
Merit: 579
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November 12, 2019, 03:20:49 PM
#3
Never forget Dogecoin and Litecoin.

These coins are way better a payment if the fees are higher for the current altcoin that you use or even with bitcoin. There's also a contender in the name of Nano that has a fee less transaction. There's Dash which is the number 1 masternode coin and also Basic Attention Token which is the main coin of Braver browser.
sr. member
Activity: 1190
Merit: 306
November 12, 2019, 03:17:52 PM
#2
ETH, Monero, Siacoin, IOTA, Golem, ripple are some of the well known coins which have a practical use. PERL coin came up with a good practice, the coin became opacity coin.
I have to admit I've never heard of golem, but the other ones I'm somewhat familiar with.  As far as practical uses go, I'd say monero offers a lot more privacy than other coins but I don't know if it actually gets used for anything practical.  Since I've never owned any monero, I'm not aware if you can buy anything with it.  Same goes even for coins like Eth.  Being able to purchase goods or services with a coin is probably the most important measure of practicality in my opinion.  True, Eth does offer the smart contract functionality, but that really hasn't been used for many real world purposes other than creating scam tokens.

How about doge or litecoin?  There are merchants that accept those coins for payment, and they're even sold at some bitcoin ATM's.  They might not be as popular as coins like Eth or monero, but they do get used more for commerce I think.

By the way, I'm curious as to what siacoin, iota, and ripple are really used for.  Anything other than trading?
sr. member
Activity: 1162
Merit: 260
November 12, 2019, 03:04:50 PM
#1
ETH, Monero, Siacoin, IOTA, Golem, ripple are some of the well known coins which have a practical use. PERL coin came up with a good practice, the coin became opacity coin. What are the remaining alt-coins which have practical usage?
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