Topic: Discussion: Altcoin vs Alt-token which is more reliable and preferable. - page 2. (Read 215 times)
March 28, 2019, 12:03:48 AM
Well, in term of stability and scalability of the platform, the one that have their own blockchain system is more preferable, but I don't think it is a big deal compared to other factor, like the product adoption, and does the project actually solve real problem. It does not matter for me whether the project have their own project or not as long as they have a good team behind them, and decent whitepaper and vision.
March 27, 2019, 10:49:54 PM
This is an interesting question. I don't think we can generalize too much, but if you ask me, I would always choose an altcoin with its own blockchain over an ERC20 token. That is to say. all things being equal. Of course, one should always consider them on a case by case basis because there are tokens which are more valuable that alts with own blockchain.
So which one among the two do you consider healthy to the blockchain industry, will you prefer Altcoins or alt-tokens. Personally I will prefer Altcoins as it creates room for competition as a result brings more development to the industry. The alt tokens are just leveraging other blockchain and ain't introducing anything new.
Not all blockchain is useful to us. The utility is the main problem in compliance with the regulation.
legendary
Activity: 2380
Merit: 4265
eXch.cx - Automatic crypto Swap Exchange.
March 27, 2019, 10:43:49 PM
This is an interesting question. I don't think we can generalize too much, but if you ask me, I would always choose an altcoin with its own blockchain over an ERC20 token. That is to say. all things being equal. Of course, one should always consider them on a case by case basis because there are tokens which are more valuable that alts with own blockchain.
So which one among the two do you consider healthy to the blockchain industry, will you prefer Altcoins or alt-tokens. Personally I will prefer Altcoins as it creates room for competition as a result brings more development to the industry. The alt tokens are just leveraging other blockchain and ain't introducing anything new.
March 27, 2019, 01:34:56 PM
This is an interesting question. I don't think we can generalize too much, but if you ask me, I would always choose an altcoin with its own blockchain over an ERC20 token. That is to say. all things being equal. Of course, one should always consider them on a case by case basis because there are tokens which are more valuable that alts with own blockchain. Also, some ERC20 tokens after a while move to their own blockchain, so that is also something that should be considered.
March 27, 2019, 01:31:12 PM
Considering alt-tokens are alternative cryptocurrency in token forms, i.e they're built on other blockchain with majority been created using Ethereum blockchain while altcoins are coins which aren't bitcoin, that's they're alternative cryptocurrency but have their own blockchain example dash, Litecoin etc. which one among the two category above will you consider to invest in for long term and also between tokens and coins, which one is more healthy for the blockchain industry.
I see coins that have a private blockchain have a greater chance of developing compared to coins made using smartcontrac. litecoin, EOS, Stellar, ADA, TRON and many more. that's all examples of successful altcoins that have private blockchain. so I was told to choose I was more interested in projects like this.It doesn't matter whether an altcoin uses ETH or have its own blockchain, what matters is that whether the token will have its good use as for the project to exist. If an altcoin just exist because they are accepted by merchants and its mined through GPU, there is no different to it to BTC so why not just invest to BTC itself. Countless token using the Eth chain only few of them are really valuable but this is because of the project not because of ETH network.
March 27, 2019, 01:29:22 PM
I would not judge projects on the basis of whether they have their own blockchain of not. There are projects that need their own blockchain to work and there are projects that don't need it, that's all.
March 27, 2019, 01:14:47 PM
Considering alt-tokens are alternative cryptocurrency in token forms, i.e they're built on other blockchain with majority been created using Ethereum blockchain while altcoins are coins which aren't bitcoin, that's they're alternative cryptocurrency but have their own blockchain example dash, Litecoin etc. which one among the two category above will you consider to invest in for long term and also between tokens and coins, which one is more healthy for the blockchain industry.
I see coins that have a private blockchain have a greater chance of developing compared to coins made using smartcontrac. litecoin, EOS, Stellar, ADA, TRON and many more. that's all examples of successful altcoins that have private blockchain. so I was told to choose I was more interested in projects like this. legendary
Activity: 2380
Merit: 4265
eXch.cx - Automatic crypto Swap Exchange.
March 27, 2019, 01:05:41 PM
Considering alt-tokens are alternative cryptocurrency in token forms, i.e they're built on other blockchain with majority been created using Ethereum blockchain while altcoins are coins which aren't bitcoin, that's they're alternative cryptocurrency but have their own blockchain example dash, Litecoin etc. which one among the two category of cryptocurrency mentioned above will you;
- Consider investing in for long term period (5-10years) that doesn't involve taking short term profits.
- Recommend to new enthusiast of cryptocurrency based on their contribution to the blockchain industry?
- Between Altcoin and alt-token which one do you think is more healthy for the growth of the blockchain industry
Jump to: