so, basicly this TIP blockchain focusing as a currency just like bitcoin and dash, right ?
but, what they bring ? to make this coin better then the old cryptocurrencies project
Bitcoin does not fulfill the requirements of being a currency as I indicated earlier. People are never going to use Bitcoin in its current form for buying a pizza or a coffee down the street. It is just not built to make it easy to do so.
The good news for Bitcoin is that there are lots of active developments and improvement proposals like a payment protocol [url https://github.com/bitcoin/bips/blob/master/bip-0070.mediawiki]BIP 70[/url] and BIP 75. The bad news for Bitcoin is, because of the current governance structure or lack thereof, it takes years for any significant protocol updates to be implemented and adopted by miners. Thus, it is not practically feasible to have the features that will enable my mom to spend Bitcoin at the supermarket in the near future. Dash developments do happen a bit faster but the same can be said about Dash to a lesser degree.
This is why a platform like Tip is so essential. It is being built from the ground up as a platform to be used as a day-to-day currency.
Thus, some features built into the platform are:
- Human-friendly addressing using usernames instead of crypto hash addresses
- Transactional metadata to be used on payment processing of transactions.
- Ability for users to find each other and transact easily in the ecosystem.
- Ability for merchants to perform analytics on purchase data.
At this point, I'm talking about applications of the underlying blockchain technology. This is exactly what makes Tip different. It's not just a distributed ledger, but a platform built on top of blockchain, specifically for commerce.