In our books, the following distinctions apply:
Gen1 = Bitcoin and forks
Gen2 = Decentralized Asset Exchange, extended functionality such as phased transactions or smart contracts: NXT, Ethereum, Waves. Still generally uses the same full blockchain structure as Gen1
Gen3 = Gen2 features, perhaps expanded, but the main groundbreaking improvement over Gen2 comes from restructuring blockchain and / or distribution mechanism, or other major area not limited to upper level features as such. For HEAT, these main distinctive characteristic are based on Proof-of-Presence distribution mechanism, sliced blockchain, and high scalability.
Topic: Cryptocurrency 3.0. definition (Read 501 times)
Hi guys,
I stumpled over Heat Ledger and their description of cyptocurrecy 3.0. I understand the differents between 1st generation (e.g. Bitcoin) and 2nd generation coins (e.g. Ethereum) but I wonder if their is a definition for coins of the thrid generation? How do you differentiate between 2.0 and 3.0.?
Also, I would like to hear some examples of 3.0. generation coins for better practical understanding.
Thx in advance cryptocoiners
I stumpled over Heat Ledger and their description of cyptocurrecy 3.0. I understand the differents between 1st generation (e.g. Bitcoin) and 2nd generation coins (e.g. Ethereum) but I wonder if their is a definition for coins of the thrid generation? How do you differentiate between 2.0 and 3.0.?
Also, I would like to hear some examples of 3.0. generation coins for better practical understanding.
Thx in advance cryptocoiners
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