Topic: The most unique coin. (Read 327 times)

There are thousand of token but every token does not exists as a beneficial token and many of them disappears after a short period of time. I think here unique refer to the qualities that one coin have and due to such qualities bitcoin remains the top priority of every individual.

Lots of coins proved to be successful but not a single coin can ever be more successful than bitcoin. It is a decentralized asset and its success is prominent whereas other coins must possess some sort of doubt so I think we have to choose a unique project like Bitcoin.

There are so many unique coins in the crypto market that are undervalued. The success of a token is not based on the uniqueness just like we have some meme like doge coin which many believe not to value and still yet the project is doing well in the market with huge support. We should not look for uniqueness before we invest in a token but rather check how much we could make from such a token.
People are only after making money not to check whether a token has uniqueness or not.

I believe Bitcoin stands out as unique cryptocurrency, due to its fundamental principle of decentralization and deflationary nature, and no other digital currency match it. Regarding, hype in the market, it is sometime mamillated by big investors who want to trap traders by artificially increasing the price of a specific coin and later sell off their holding, leaving the genuine investors at loss. Therefore, it is important to find out fundamentals of coin or token before committing investment.

There are so many unique coins in the crypto market that are undervalued. The success of a token is not based on the uniqueness just like we have some meme like doge coin which many believe not to value and still yet the project is doing well in the market with huge support. We should not look for uniqueness before we invest in a token but rather check how much we could make from such a token.
People are only after making money not to check whether a token has uniqueness or not.

The potential uniqueness of coins is usually what investors considers before adopting to Invest on it. It could be their blockchain, markets cap volatilities, hyping differentials or even reliability in distance over time.
Invested coins that doesn't portray that unique potentials is never attractive because Investors would only invest on different Coins if it has a different offer from the knowns.

It’s true that new altcoins can have a unique feature that Bitcoin can’t have because it’s already developed but other altcoin can’t copy the Bitcoin uniqueness which is the most important in cryptocurrency which is the real decentralization.

If thousands of lines of code can make bitcoin complex, then all the altcoin are more complex than bitcoin.

Bitcoins tokenomis, emission, and creation everything is simple and hasn't changed at all since its creation.

Satoshi already thought of lots of probabilities before bringing this out to the public.

I don't think there is any coin that is way more unique than Bitcoin is. Yes, it may lack features that some altcoins have and cannot be edited or worked on but that is in fact it's the best feature. Imagine what would have happened if Bitcoin was something that could easily be changed or edited by young a few keys on the keyboard, there would have been no foundation for this industry in fact. That's why no one can control it. Satoshi already thought of lots of probabilities before bringing this out to the public. Basically, what I'm trying to say is Bitcoin is the most unique coin.

Bitcoin is certainly unique in being the first cryptocurrency.

But other coins can have unique qualities that Bitcoin can never adopt.

One such quality is simplicity. Although Bitcoin may be far less complex than some other chain like Ethereum, it still contains a nontrivial amount of complexity in itself, as witnessed by the over 10,000 lines of code in libbitcoin-consensus.
Learning all the Bitcoin consensus rules in detail is quite a challenge, one that not many people have undertaken.
A lot of complexity resides in its Bitcoin Script language, even though none of that is needed to support
the vast majority of transactions. Even things like multisig, atomic swaps, discreet log contracts, and bidirectional payment channels can be implemented with just Schnorr signatures and timelocks.
Consensus rules can only ever grow in complexity, since they must be used to verify the full transaction history.

Another such quality is fair distribution. While Bitcoin had a relatively fair one, with no premine, it still did not decentralize wealth as much as one might like. Or rather, as future generations might like, since each successive generation only gets to mine 1/32 time as much as the previous one.
Of course, the huge advantage given to early miners/adopters, and lack of dilution, is great for speculation. But perhaps less so for actual use as currency.

Only one cryptocurrency combines a unique focus on simplicity with a uniquely fair coin distribution of 1 coin per second forever.

It also happens to feature a unique spam resistance; only a few bytes of arbitrary data can be inscribed into the chain with each transaction.

Of course, its uniquely high dilution (in initial decades) also make it uniquely uninteresting for the readers in this forum, that are almost exclusively interested only in speculation.

It’s true that new altcoins can have a unique feature that Bitcoin can’t have because it’s already developed but other altcoin can’t copy the Bitcoin uniqueness which is the most important in cryptocurrency which is the real decentralization.

No coins can achieve it because all of them has a centralized control over the chain through the team that hold most of the coin supply which affects the voting for the development. Most of the project that has a DAO feature is just lying about complete decentralized mechanisms while the team itself has the huge voting power including other entities which invested heavily paying the team huge some of money during private investment.

Nobody trusts a poster contradicting himself.