More Than an Elegantly Crafted Concept. The System Must Feature Broad Functionality and Designed to Securely Host Generations of Trustless Services, Decentralized Applications and Distributed Autonomous Organizations. The Future is Here, it's just not Evenly Distributed. The Monetary Eco-Systems and Cryptocurrencies that will Ultimately Succeed, Have Not Been Visioneered, Engineered and Brought to Market, Yet...
Futures Protocol, The GDP Driven Cryptocurrency Eco-System
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Futures Protocol
Topic: What are the qualities and attributes of an ideal cryptocurrency or blockchain? (Read 149 times)
May 14, 2018, 10:46:38 AM
May 14, 2018, 10:05:51 AM
It doesn't have to be something new but also, it doesn't have to be a copy of the current ones in the market. For example Ethereum with smart contracts or Iota's Tangle are good examples. They both offered something new and showed improvement.
May 14, 2018, 10:02:02 AM
Agreed.
Would like to revive the discussion, as I think it an important question for the community at large.
In that spirit, perhaps this link to a concept paper would provide utility to jump-start the discussion.
Its just bits and pieces in outline form; still a work in process.
What say ye?
Concept Paper
Would like to revive the discussion, as I think it an important question for the community at large.
In that spirit, perhaps this link to a concept paper would provide utility to jump-start the discussion.
Its just bits and pieces in outline form; still a work in process.
What say ye?
Concept Paper
May 14, 2018, 05:11:44 AM
Right now the hundeds/thousands of cryptocurrencies are exploring possibilities---trying new features, experimenting to find out what works best and what leads to problems.
Ideal cryptocurrency or blockchain can have certain things
Anonymity
High transaction speed
Widely distributed mining
Low power consumption / ecologically friendly
Censorship resistance
PoW / PoS computation performs useful work
Regulatory approval
Low resource requirements for network nodes
Low transaction fees
Ideal cryptocurrency or blockchain can have certain things
Anonymity
High transaction speed
Widely distributed mining
Low power consumption / ecologically friendly
Censorship resistance
PoW / PoS computation performs useful work
Regulatory approval
Low resource requirements for network nodes
Low transaction fees
May 03, 2018, 03:22:04 PM
Although Bitcoin, Ethereum, et al., may be Directionally and Conceptually Correct,
they are far from being Seamless Monetary Eco-System Solutions.
The Monetary Eco-System must be Trustless, Decentralized, Anonymized and 'Secured' by
Validated Eco-System GDP. Driving Rate of Adoption, Fungibility, Network Services, Exchange and Utility Values.
A Cryptocurrency Ecosystem or Cryptosphere Capable of Meeting the Needs of Hundreds of Millions of Consumers,
Traders and Trans-Actors on a Truly Global Scale.
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