Topic: Generation (Read 1035 times)

Could somebody please explain me the meaning of "Next Generation" currency? Or maybe any references to the articles about it?

People call their coin "next generataion" trying to sell them as better as bitcoin.

99.99% don't have nothing new, and even if they have, its nothing to justify the term "next generation coin"

Could somebody please explain me the meaning of "Next Generation" currency? Or maybe any references to the articles about it?

This paper should explain some of the concepts about what makes Bitcoin a "next generation" currency: https://bitcoin.org/bitcoin.pdf  

Just some keynotes: Bitcoin is a digital currency that removes an element of trust and allows for a user to store personal wealth securely without the need of a financial institution who will typically tax or charge you for transactions, transfers etc.

Bitcoin allows for funds to be transferred digitally across the world securely to anyone else with a Bitcoin Address, this is without you having to trust anyone with your funds to arrive at the destination. If you learn about transactions enough you can even broadcast your transactions with no fee, so you can move your coins for free (this is frowned upon and your transactions can often be ignored by miners).

The list of benefits and innovations the Bitcoin protocol provides seems too long to list here or to even derive from reading Satoshi's paper alone. You will need to research this subject for quite sometime to get a good grasp on the expansive answer to your question.

My recommendation is to stay away from alternative blockchains, if this is what your asking about, it is quite easy to produce altcoins and some people can make new coins in under hours, some websites/services offer coin generators. Most newbies think they can invest in altcoins and it is something new and exciting but *most* most tend to be pump/dumps and they will flutter out. If their is some serious or necessary innovation made to the bitcoin protocol, their is a good chance if it is beneficial enough and has little/no repercussions it can and might be implemented into an official client.

Could somebody please explain me the meaning of "Next Generation" currency? Or maybe any references to the articles about it?

I think it will happen not soon, 'cos the development of the Internet at some countries is still quite slow, and also the resistance of the government to these "Next Generation" currencies is quite strong.

we wouldn't have many advantages from 3rd world countries accepting bitcoin, 1st world countries would be more then enough!

yeah, it's slow

but that's why we're talking about the far future

Next Generation currency does it mean that Bitcoin in the next future will be the currency which is the more utilized.

Yes, because you have to consider that traditional money will disappear 

Could somebody please explain me the meaning of "Next Generation" currency? Or maybe any references to the articles about it?

In what context? People referring to Bitcoin as the 'next generation of currency'? If so, it's pretty self-explanatory. They're of the opinion that bitcoin is a new idea or evolvement of current monetary systems.