Topic: Is the wallet the key to coin success? - page 2. (Read 1375 times)
i think wallet is a part of the coin success, without having a good wallet that give a good benefit for the member, then the coins will not get much of member and only use by small people which can not growth as the dev and the team wants. maybe give the update for the wallet in periodically is a good way to proof to the members that the coins have a good progress to grow.
I never use or have used an etherium based wallet,it's too complicated,even if the coin is interesting,this is one of the problem of etherium based wallet and creating a token out of it,you need to be an advance user to use,newbie will have a hard time using it..
key to coin success is
1) dev who longterm works on project and is not driven by profit
2) community interested in coin
3) commerce (people actually use coin to buy/sell products/services)
everything else is a distraction.
1) dev who longterm works on project and is not driven by profit
2) community interested in coin
3) commerce (people actually use coin to buy/sell products/services)
everything else is a distraction.
i totally agree with you, but every development have stages.
at an "alpha" stage of the coin, it isnt needed(it's welcome, but not a must).
the problem is: a few coins doesn't seem to worry about move to the next stage.... decred and monero are the best example.
both waited WAY too long for an easier to use wallet.
at an "alpha" stage of the coin, it isnt needed(it's welcome, but not a must).
the problem is: a few coins doesn't seem to worry about move to the next stage.... decred and monero are the best example.
both waited WAY too long for an easier to use wallet.
It seems to me that adoption of a cryptocurrency depends highly on the quality of the wallet. How can a coin expect to gain potential users, unless they have a stable, easy to install, easy to use wallet that one can trust with your money?
Not sure if the wallet is of paramount importance. Maybe you mean the network?
I would think some of the most important things would be number of users, concept, and age; along with character, talent, and loyalty inside the core team.
It seems to me that adoption of a cryptocurrency depends highly on the quality of the wallet. How can a coin expect to gain potential users, unless they have a stable, easy to install, easy to use wallet that one can trust with your money?
Take the Eth Windows wallet for example. It's dogshit. There isn't even a readme file with an explanation of the installation or instructions. You can't specify an install location, whenever you upgrade, it forgets where the keystore is, and the path seems to disappear. Let's not discuss the performance issues, except that using a 3rd party node is needed to make it reliable and fast.
Getting support for it seems impossible. Personally, I tried repeatedly to sign up on the Ethereum form, and after 3 months have given up.
Is this a platform that new crypto clients will be impressed with and will rave about? Fuck No!
Therefore, I think Shitty Wallet = Shitty coin.
End rant.
Noooooo...... The key to success your innovation, and the other key is better than it. Your trust has never turned into a liar. Wallet it's not mean something to do. But it can be a symbolism from the result of dev.
Important for success imo is: easy installation, as many platforms incl mobile as possible, practical use, not too many graphics.
I do believe,
any Coin, which aims 2 be a currency, should have a
"portable multi-platform wallet".
... just my 2 cents.
PanneKopp
P.S. it is hard, 2 get my Linux-Server going shopping with me (usability) ^^
any Coin, which aims 2 be a currency, should have a
"portable multi-platform wallet".
... just my 2 cents.
PanneKoppP.S. it is hard, 2 get my Linux-Server going shopping with me (usability) ^^
The success and popularity of Ethereum, by your own words, invalidates your theory. Monero has also become very popular with only a cli wallet (it's good though, if you're into that sort of thing) so that's another failing point.
If you're thinking long term mainstream then absolutely! But even Bitcoin has a long way before that happens.
If you're thinking long term mainstream then absolutely! But even Bitcoin has a long way before that happens.
It's definitely not the key for success , It's always the idea behind the project. I mean what I'm going to do with a clone of bitcoin even though the wallet is great ? we don't need more clones , we need more unique ideas. If you have the idea and the funding then the wallet will come with time.
I however agree that the wallet plays a really big factor and I didn't start using ethereum just because of their wallet. I actually store my ICN tokens in myetherwallet instead because I failed hardly on getting the actual wallet to work.
I however agree that the wallet plays a really big factor and I didn't start using ethereum just because of their wallet. I actually store my ICN tokens in myetherwallet instead because I failed hardly on getting the actual wallet to work.
It seems to me that adoption of a cryptocurrency depends highly on the quality of the wallet. How can a coin expect to gain potential users, unless they have a stable, easy to install, easy to use wallet that one can trust with your money?
Take the Eth Windows wallet for example. It's dogshit. There isn't even a readme file with an explanation of the installation or instructions. You can't specify an install location, whenever you upgrade, it forgets where the keystore is, and the path seems to disappear. Let's not discuss the performance issues, except that using a 3rd party node is needed to make it reliable and fast.
Getting support for it seems impossible. Personally, I tried repeatedly to sign up on the Ethereum form, and after 3 months have given up.
Is this a platform that new crypto clients will be impressed with and will rave about? Fuck No!
Therefore, I think Shitty Wallet = Shitty coin.
End rant.
Jump to: