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Topic: The Best Digital Currency (Read 2948 times)

hero member
Activity: 704
Merit: 500
October 03, 2014, 09:17:03 AM
#46
Bitcoin and Dogecoin
sr. member
Activity: 462
Merit: 250
October 01, 2014, 01:47:53 PM
#45
Bitcoin
Monero
Doge
Litecoin

I think in that order.
hero member
Activity: 714
Merit: 504
October 01, 2014, 10:21:27 AM
#44
Bitcoin
Monero
Doge
Litecoin
member
Activity: 61
Merit: 10
October 01, 2014, 10:16:10 AM
#43
BTC was, is best digital currency...not sure if it will be
newbie
Activity: 23
Merit: 0
October 01, 2014, 07:40:01 AM
#42
Bitcoin is still number. With paypal and ebay on our side.
sr. member
Activity: 462
Merit: 250
September 24, 2014, 03:51:20 AM
#41
Bitcoin and Monero.
legendary
Activity: 1092
Merit: 1000
September 23, 2014, 02:02:00 PM
#40
Bitcoin is nr.1, if Bitcoin goes down all crypto goes down.
member
Activity: 66
Merit: 10
September 23, 2014, 12:50:20 PM
#39
In the state of bitcoin now and the issues sorrounding it, is it still the best digital currency to date?

I think bitcointalk.org is probably a risky place to ask that question. Smiley Bitcoin and PoW have some very deep problems that aren't just going to go away. For example, millions of dollars worth of BTC are printed up yearly to pay miners to waste electricity. There is a growing community who see PoW as inherently centralizing, which works against Satoshi's original goals of decentralization.

For more reference, check out the Nxt, Peercoin, and Bitshares communities.

Read this: http://bitshares.org/intro-to-delegated-proof-of-stake/
sr. member
Activity: 308
Merit: 250
September 23, 2014, 05:04:24 AM
#38
Bitcoin and litecoin are the most stable cryptocurrencies.

No shit. The BTC price has dropped 13% in less than a week. Bitcoin is anything but stable cryptocurrency.
newbie
Activity: 20
Merit: 0
September 23, 2014, 02:42:14 AM
#37
Bitcoin is  just the best based on its seniority
newbie
Activity: 20
Merit: 0
September 17, 2014, 11:57:07 PM
#36
No way, bitcoin will always be the best digital currency yet. It is well accepted and will be accepted all throughout the world
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
September 16, 2014, 09:03:59 PM
#35
I think ripple will have something to say about it...

ripple is an excellent platform for crypto. but XRP being the best crypto-currency?  don't think so.
full member
Activity: 125
Merit: 100
September 16, 2014, 08:33:09 PM
#34
DSH, Grin
hero member
Activity: 729
Merit: 502
September 16, 2014, 11:46:07 AM
#33
digitalcoin is best digital currency  Cheesy
legendary
Activity: 924
Merit: 1000
September 16, 2014, 09:00:11 AM
#32
Indeed many (allmoust all altcoins) are just pump&dump coins; but it`s a good way to test this new technology and find out new thinks, and apply to Bitcoin if it`s a good idea.

Or other parent coins. Case in Point: MaWo was working on localization (multi-language support) for NFD, but Nxt itself added the same feature to its upcoming-features list. MaWo recently added UPnP support, and the Nxt team is already interested: in the spirit of collegiality he offered his improvement to them to consider for Nxt itself.

So, by the standard standard, NFD is a good altcoin with respect to Nxt.
newbie
Activity: 2
Merit: 0
September 16, 2014, 08:28:56 AM
#31

BTC is best duh
legendary
Activity: 826
Merit: 1002
amarha
September 16, 2014, 08:25:19 AM
#30
Three very good features alts have came up with:

1. Privacy (like CryptoNote's ring signature scheme)
2. Assets
3. PoS mining (energy efficient)

I don't see why Bitcoin shouldn't implement these.



These are largely irrelevant to the masses. However, not all alt coin features are irrelevant, speed being one. I prefer these features to an Alt-coin, which, I have yet to find all of them met:

1. faster than bitcoin
2. as broadly supported as bitcoin
3. a genius, simple wallet solution that will help me sleep at night that my 100 backup methods won't fail me with theft or loss
4. hashing network that is safe from attack both from technology point of view and size, POS eventually but gradual transition that preserves hosting incentives.
5. No premine, scammy dev, need-to-trust some dumb human business model
6. anonymous
7. distributed trading platform
8. efficient blockchain management, built for growth

If I had such a coin, I would go all in with my modest Bitcoin stash, and 6,7,8 are somewhat optional to me frankly.




Number 2 is the hardest part. But a currency that keeps backwards comparability with Bitcoin has the greatest chance of also being integrated as payment with in the already built Bitcoin infrastructure. Good list though.
legendary
Activity: 1639
Merit: 1006
September 16, 2014, 08:01:58 AM
#29
Three very good features alts have came up with:

1. Privacy (like CryptoNote's ring signature scheme)
2. Assets
3. PoS mining (energy efficient)

I don't see why Bitcoin shouldn't implement these.



These are largely irrelevant to the masses. However, not all alt coin features are irrelevant, speed being one. I prefer these features to an Alt-coin, which, I have yet to find all of them met:

1. faster than bitcoin
2. as broadly supported as bitcoin
3. a genius, simple wallet solution that will help me sleep at night that my 100 backup methods won't fail me with theft or loss
4. hashing network that is safe from attack both from technology point of view and size, POS eventually but gradual transition that preserves hosting incentives.
5. No premine, scammy dev, need-to-trust some dumb human business model
6. anonymous
7. distributed trading platform
8. efficient blockchain management, built for growth

If I had such a coin, I would go all in with my modest Bitcoin stash, and 6,7,8 are somewhat optional to me frankly.


legendary
Activity: 2772
Merit: 2846
September 16, 2014, 07:51:40 AM
#28
The position of Bitcoin is  undoubted,however, other digital currency also own potential to be the best one. There is no sign that the best one is not best ones.

The anonymous transactions feature is currently the next best thing and there's no technology that can provide it better than CryptoNote. I think CN based coins are potential winners in the long run.

While a minority of users probably need anonymity, the majority are probably not interested in anonymity services.
member
Activity: 78
Merit: 10
September 16, 2014, 06:36:23 AM
#27
The position of Bitcoin is  undoubted,however, other digital currency also own potential to be the best one. There is no sign that the best one is not best ones.

The anonymous transactions feature is currently the next best thing and there's no technology that can provide it better than CryptoNote. I think CN based coins are potential winners in the long run.
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