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Topic: ❢❢❢ The value proposition of each coin: BTC, DOGE, LTC, DRK, PPC, XRP, NXT, etc. - page 2. (Read 11252 times)

b!z
legendary
Activity: 1582
Merit: 1010
You should add Stellar to the list.
legendary
Activity: 1512
Merit: 1004
Nxt is a next big thing like BTC
Q7
sr. member
Activity: 448
Merit: 250
With everything in your list, I still think only doge is worthwhile to hold on to. Yeah, it's a clone all right with nothing new in terms of technology but don't forget, crypto is all about the community. It's the support of the people that gives it value.
hero member
Activity: 966
Merit: 1003
Guys calm down. When Ethereum joins the game, almost all coins will be obsolete.
nice try to advertise Wink

Well they kind of have to. Everyone who ever wanted Ethereum bought as much as they could at the IPO, so when the markets open, we have an interesting situation. A lot of people with huge bags of Ether, and a lot of people who don't care about Ether.
newbie
Activity: 25
Merit: 0
Guys calm down. When Ethereum joins the game, almost all coins will be obsolete.
nice try to advertise Wink
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World

Guys calm down. When Ethereum joins the game, almost all coins will be obsolete. So no sense in discussing wether LTC/DOGE or DRK/MON is better, they are all doomed.


is this coin still have some support
sr. member
Activity: 330
Merit: 250
I really enjoy the asset exchange on NXT platform, it's really an asset in it self.
Also the speed the devs pump out new features is just ridiculous, pity they seem to lack the PR many of the other coins have, if they had it, I'd guess the value would increase drasticly.
legendary
Activity: 2282
Merit: 1050
Monero Core Team

In a year from now BTC will have its own anon options with projects such as Coinjoin or Darkwallet which will make theses alts obsolete and pointless.

Nope Bitcoin won't have any of those because of their centralization and regulation of their currency.
If you speak with the Bitcoin Foundation then you will notice that they really don't like anonymity inside a currency

But if and this is a big if, Gavin Andresen and the Bitcoin Foundation get their way on the 1 MB blocksize issue Dark Wallet, can become a reality, regardless of their position on anonymity. If on the other hand the 1 MB blocksize limit remains in Bitcoin, Dark Wallet is doomed.
legendary
Activity: 3066
Merit: 1188

In a year from now BTC will have its own anon options with projects such as Coinjoin or Darkwallet which will make theses alts obsolete and pointless.

I think you've probably got that the wrong way around.
legendary
Activity: 3066
Merit: 1188
Absolutely horrid assessment. You have no clue about value. Go learn what makes a successful product or company

LoL

+1 to that.
legendary
Activity: 2548
Merit: 1245
to OP :

with regards to DRK :

Quote
- OK, now we're getting to something different. Completely anonymous, untracable transactions. This is worth a lot. This is what people think bitcoin has but it doesn't. If bitcoin had this, it would be worth a lot more.
- How well does the anonymous transaction thing actually work? I'd love to hear people's experiences with using Darkcoin.
- Broken architecture?


- It works fast and it works very well, they increased the number to mix towards 16 rounds and pretty much streamlined the whole thing making it run more smoothly with better feedback towards end-users. They pretty much closed all vulnurabilities and bugs they found so far very fast (there may still be some lurking around as its a lot of new code but i have no doubt about darkcoin's developers capability to deal with those)

- They incorporated Bitcoin into Darkcoin (making Darkcoin a fork of Bitcoin instead of Litecoin) to make it more Bitcoin compatible, API / Merchant wise and they are now focussing on further developing InstantX and preparing it for the public Testnet. I have therefore no idea what you exactly mean with broken architecture. It all just works .. and it
works well.

* Next thing (after InstantX) will be implementing some form of two factor authorization on decentralised blockchain level, this will increase security drastically in my eyes.  http://newsbtc.com/2015/01/26/evan-duffield-proposes-2-factor-authentication-2fa-darkcoin/

* The Masternode network is yet another thing that seperates Darkcoin from any other cryptocurrency, its decentralised and its getting increasingly profitable to run masternodes or even share a masternode with some people :

http://i.imgur.com/kHW81Vc.png

http://www.darkcoin.cm/index/masternodes_map
http://www.darkcoin.cm/index/masternodes/

* Last but not least take a look at the price for these last few weeks, you will see a steady rise and some very very solid buying support walls (for some time now) on several exchanges, this means Darkcoin got some serious attention and has been given time to further develop its technologies without worrying about price too much.    

http://dc-charts.com/depth_drk.php?ex=9&cu=0&sw=2&tz=5&ar=0&dl=2&js=1&sc=0&ba=2&re=1
http://dc-charts.com/depth_drk.php?ex=2&cu=0&sw=2&tz=5&ar=0&dl=2&js=1&sc=0&ba=2&re=0

https://bitcoinwisdom.com/markets/cryptsy/drkbtc
https://bitcoinwisdom.com/markets/bitfinex/drkbtc

Come join the dark side Smiley




Links to Darkcoin's forums :

https://bitcointalksearch.org/topic/anndash-dash-dashorg-first-self-funding-self-governing-crypto-currency-421615
https://darkcointalk.org/



 





  
full member
Activity: 182
Merit: 100

Guys calm down. When Ethereum joins the game, almost all coins will be obsolete. So no sense in discussing wether LTC/DOGE or DRK/MON is better, they are all doomed.





Uh what? You clearly have no clue...Ethereum isn't a "coin", it's an application or platform.
hero member
Activity: 767
Merit: 500
Never back down !!!

Guys calm down. When Ethereum joins the game, almost all coins will be obsolete. So no sense in discussing wether LTC/DOGE or DRK/MON is better, they are all doomed.



ple
full member
Activity: 213
Merit: 100
and XMR is also performing good they recently raised $30M for their project

We...did...? I don't remember raising a cent, last I recall we are significantly behind on donations:)

Digital-Payments Company Ripple Labs Finalizing $30 Million Funding Round
http://blogs.wsj.com/venturecapital/2015/01/26/digital-payments-company-ripple-labs-finalizing-30-million-funding-round/
newbie
Activity: 25
Merit: 0
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
PPC.
- The first Proof of Stake coin. First mover advantage. Most liquid PoS coin.
- What are your experiences with PPC? Does the wallet have to be open to mine?
Yes. If not, it would be insecure. But there is a mechanism in development called "cold locked minting" (see below) that will allow riskless minting.
Quote

- There are now other PoS coins. And there's an improvement on PoS - DPoS. I feel like if PoS will succeed, it will move in the direction of DPoS, meaning bitshares.

DPoS means that "little coin owners" lease their "voting power" (stake) to the big whales, so they don't need to be online all the time. The risk is that these whales can use this power to 51%-attack the coin. PPC 0.5 will have a mechanism a bit similar to DPoS called Cold storage minting, and NXT too has a similar mechanism, Leased Forging. The difference is that DPOS and Leased Forging are encouraging centralization, while PPC's Cold-locked minting does not, it tries to avoid the danger of having accounts with a too large stake.

PPC's cold-storage minting (see a technical description here) allows to delegate your stake to another account. This "minting account" must be online to mint, but doesn't need to have coins in it, so it's 100% safe to mint and you could do it even with your smartphone. But it does not allow the formation of "minting pools" or "big delegates" like in BTS and NXT, because there must be trust between both accounts. In my opinion, it's the best of all three "delegation" systems, but it's still in testing stage (but already implemented, so it's not vaporware).
Quote
NXT.
- First(?) "bitcoin 2.0". Most liquid 2.0 coin. First mover advantage.

That depends how you define "a 2.0 coin".

First with a own codebase, not being a clone? That was probably Timekoin or Bytecoin.
First coin not relying on proof-of-work? That was Timekoin, then came Peercoin, the first PoS coin.
First coin with coloured coins / asset exchange? That in fact was Bitcoin, with the Mastercoin "plugin" Wink
First coin with Java client? Not even this, because there's Bitcoin's Multibit Grin

But I like NXT, it is moving forward very fast and already has a lot of unique features.
Quote
- PoS, wallet must be unlocked to mine?

You can lease your stake to a big whale (see above "Leased Forging"), so you must not be online.
member
Activity: 100
Merit: 10
NXT.
- First(?) "bitcoin 2.0". Most liquid 2.0 coin. First mover advantage.
- PoS, wallet must be unlocked to mine?
- I'd love to hear people's experiences with this.
- How does it stack up against other 2.0 coins?

Hi,

I can only answer for Nxt, as it's the system I am most familiar with.

- I am not a huge believer in "first mover advantage". It also means you get most of the flack, because chances are you are also the first mover on problems.
- Yes, to forge, you need to have your account (brainwallet) unlocked
- I'm interested in this, too. I'm an old-timer in Nxt, so probably have a lot of blind spots here that should be much more obvious to newcomers.
- I commissioned this chart a few weeks ago, and it's at least checked by the Bitshares community, too. Other communities are welcome to critique, but it seems mostly accurate: http://i.cubeupload.com/J02n9J.jpg

As to the "value proposition": one of the large advantages of Nxt is that it supports a host of transaction types (standard coin transactions, data transfer, "alias" transactions, colored coins etc) that can be used in combination with each other to create entire systems. Taken by themselves they are useful, but the true power lies in being able to use them by easy API calls, so they can be integrated into websites, 3rd party apps etc.

What also appeals to me is that it is not dependent on a 3rd party blockchain, but is self-contained.

- Ripple is deflationary, where did you get 30% from? Weird.
- You can list 'assets' or anything of value on Ripple.
- Ripple has user registered accounts and names

Are all of those points about NXT in the core? As I know there is a lot of 3rd party services.
full member
Activity: 182
Merit: 100
Again, your disputing my real world facts of numbers with your hypothetical world.

You've used no numbers so far if you mean statistics...so what??
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
Again, your disputing my real world facts of numbers with your hypothetical world.
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