Topic: The ideal cryptocurrency. What should it be? (Read 314 times)
The ideal cryptocurrency for me should be hearing majority of his community. Because community is the first supporters of the altcoin. Aside from that it has a bigger number of followers in twitter & facebook and has a good whitepaper and roadmap.
You should be careful also when investing to some cryptocurrencies and trading it. You must be sure if the project is going to moon or not. You can read the roadmap and if there's a website then its for sure it will be successful. Also be careful when they are always active in some groups but there's no improvements in their website or other task.
I say look at other currencies and their related systems.
Because that is what a crypte-coin will have to compete with.
Ask yourselves how do you send money.. what methods have you used ?
How fast was it and what benefits did it have and how was the security and speed etc ?
That should be the starting point of what we need in a "coin".
I say that because of the guy commenting saying it should be fast.
Uhmm yeah.. duh
If it does not compete with the "old way" of doings things then whats the point ?
And will people use it ?
Because that is what a crypte-coin will have to compete with.
Ask yourselves how do you send money.. what methods have you used ?
How fast was it and what benefits did it have and how was the security and speed etc ?
That should be the starting point of what we need in a "coin".
I say that because of the guy commenting saying it should be fast.
Uhmm yeah.. duh
If it does not compete with the "old way" of doings things then whats the point ?
And will people use it ?
Bitcoin ideal 
It's popular but really not ideal.
It's popular but really not ideal.
I've already spoken. Probably I will say more about bitcoin, I think the ideal crypto currency is certainly not completely created, but I think the ideal is still bitcoin, because it was already able to prove itself among mankind, because it was created for us
1. decentralized
2. anonymous is not necessary
3. very little transaction fees
4. high security wallet
5. If you live - you have this coins, after your die - coins burned
2. anonymous is not necessary
3. very little transaction fees
4. high security wallet
5. If you live - you have this coins, after your die - coins burned
Decentralized structure is needed but anonymous structure is not a must for me. I also need a solid team with trusted members with open identity. No need to hide themselves. And the blockchain transactions should be extremely fast.
What does the price of Bitcoin tell you ?
We need more ICO's ?
Uhmm duh ?
Yes, we need more ICO's, but we don't need more SCAM-ICO's. We need more ICO's ?
Uhmm duh ?
Hear that jet flying over your head ?
Part of the reason BTC is worth 20k is because it was fairly launched unike any and all ICO's. (or premined coins)
Rule no. 1
Launch the coin fairly.
ALL ICO's fail at that by design .
If it's not launched fairly then the coin itself doesn't matter at all.
Absolutely I agree with you
1. decentralized
2. anonymous is not necessary
3. very little transaction fees
4. high security wallet
5. If you live - you have this coins, after your die - coins burned
Sorry, why do we need this - "5. If you live - you have this coins, after your die - coins burned"? 2. anonymous is not necessary
3. very little transaction fees
4. high security wallet
5. If you live - you have this coins, after your die - coins burned
What does the price of Bitcoin tell you ?
We need more ICO's ?
Uhmm duh ?
Yes, we need more ICO's, but we don't need more SCAM-ICO's. We need more ICO's ?
Uhmm duh ?
Hear that jet flying over your head ?
Part of the reason BTC is worth 20k is because it was fairly launched unike any and all ICO's. (or premined coins)
Rule no. 1
Launch the coin fairly.
ALL ICO's fail at that by design .
If it's not launched fairly then the coin itself doesn't matter at all.
5. If you live - you have this coins, after your die - coins burned
Coins associated with a person you mean?
1. decentralized
2. anonymous is not necessary
3. very little transaction fees
4. high security wallet
5. If you live - you have this coins, after your die - coins burned
2. anonymous is not necessary
3. very little transaction fees
4. high security wallet
5. If you live - you have this coins, after your die - coins burned
I think, we need a new topic.
To gather into it all the problems that our community faces when working with crypto-currencies and understand: what should it be - " the ideal crypto currency"?
And, why do we need it?
The first problem. Uncontrolled growth of the commission for the transaction.
The second problem. A sharp slowdown in transaction speed, due to increased load on the system.
Add problems. Everybody is invited.
I believe that one of the problems that must necessarily be the problem of fraud Airdrops and Bautnies. It is necessary to introduce for them some kind of standards like ERC20 Token Standard, which would control it's legitimacy.
It depends on the point of view.
I believe, that the key requirement of community, (that requirement which doesn't suit the governments) - is the privacy of transactions.
I don't think that the governments will be fight against fast payments or cheap payments.
But privacy of the translations which is necessary to the ordinary person - at all not those which is necessary to the terrorist or the criminal.
I.e. technologically we can agree with the governments about that level of privacy of translations which will suit both parties (community and governments )...
What do you think?
I believe, that the key requirement of community, (that requirement which doesn't suit the governments) - is the privacy of transactions.
I don't think that the governments will be fight against fast payments or cheap payments.
But privacy of the translations which is necessary to the ordinary person - at all not those which is necessary to the terrorist or the criminal.
I.e. technologically we can agree with the governments about that level of privacy of translations which will suit both parties (community and governments )...
What do you think?
May be. But the governments will be fight against anonymity. Also governments will want to regulate emission and exchange rates.
maybe the pump and dump group of people
and the whales who manipulates price of shitcoins in the exchanges like cryptopia coinsexchange and more.
they do bring a particular coin to gain 400% in a day and after 2-3 hours the price will fluctuates and make it dump immediately
and the whales who manipulates price of shitcoins in the exchanges like cryptopia coinsexchange and more.
they do bring a particular coin to gain 400% in a day and after 2-3 hours the price will fluctuates and make it dump immediately
Choosing the best alternative to bitcoins, remember: invest in the digital currency only the amount that you do not mind losing. We wish financial success!
I think, we need a new topic.
To gather into it all the problems that our community faces when working with crypto-currencies and understand: what should it be - " the ideal crypto currency"?
And, why do we need it?
The first problem. Uncontrolled growth of the commission for the transaction.
The second problem. A sharp slowdown in transaction speed, due to increased load on the system.
Add problems. Everybody is invited.
1. decentralized
2. anonymous on high grade like monero
3. no transaction fees
4. a real world purpose (a use case e.g. like siacoin)
5. secure wallets
6. coin holder benefits
Any coin recommendations?
What about the banks? Do you think they should be backed by banks? (Like Ripple?) I think most banks would take some issues with some of your points and that would raise some problems but I generally agree.
Why do we need this topic, if we already have almost perfect crypto currency. This bitcoin, if you want to do it better, then ask the team the bitcoin to the cortex, maybe they can find a job for you, if this is possible of course
Something that you can use in everyday life - shopping , going to the pub etc... I think that in essence the BTC transfer rates are so ridiculously high now that we need a new crypto to come in and be accessible through POS payments
I think, we need a new topic.
To gather into it all the problems that our community faces when working with crypto-currencies and understand: what should it be - " the ideal crypto currency"?
And, why do we need it?
The first problem. Uncontrolled growth of the commission for the transaction.
The second problem. A sharp slowdown in transaction speed, due to increased load on the system.
Add problems. Everybody is invited.
this is a very complicated topic i think.
The word CRYPTO can mean both a single ideal coin and can also be applied in general terms like blockchain.
what do we want from a single ideal crypto?
what bitcoin is with some added extras like low fees and fast transaction times so we can spend and send.
but if we have that single ideal crypto are we actually going to spend it?
probably not
so what about the general crypto option?
no one coin or crypto can fulfill the potential of the blockchain.
look at all the decentralised and centralised projects already being worked on,
one single ideal crypto cannot be used for all
The ideal is seldom achievable (or it is never achievable).
But the movement to an ideal - an essence development of our community.
Reading different topics, I faced negative reviews of use of cryptocurrencies.
I think, that it is time to collect opinions on that was would like from cryptocurrency by those who already use it.
It will be useful for those who plans to start something on a blockchain.
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