Topic: What features are now expected from cryptocurrencies? - page 2. (Read 172 times)
Nowadays, all the focus is on decentralization or I can say most of the focus on decentralization, but some of the cryptocurrencies are focusing on the blockchain technology, that they should make new features in blockchain technology which is hard to do.
I think that a future blockchain should definitely be scalable, decentralised, sustainable, user-friendly and transparent. There are more factors, but these are the important ones for me.
The most basic function of all cryptocurrencies is speculation. Everything else is secondary. The main task of an altcoin developer is to convince you to buy his coins, and he will convince you in various ways. Someone emphasizes privacy, someone emphasizes development, someone emphasizes scalability, etc. For the most part, the bulk of investors do not need all these features and developments, with rare exceptions. 99% of altcoin investors are interested in how fast an altcoin will grow so that they can sell it profitably.
There are a lot of cryptocurrencies on the market right now, from those that focus on privacy to those that focus on development.
What other features or technologies are out there that people are hoping to get?
Not a lot.What other features or technologies are out there that people are hoping to get?
It seems that we've got almost everything on it. Like from having those projects that deals with renewable energy, to accounting, to anything as in.
Nothing.
We're on the same page, that's why OP if you think that there's more to it then we think that there's really no need for new ones. 
Anonymity! Transactions are tied to a random sequence of characters and not to the owners identity, including personal or company data. The popularity of some virtual currencies indicates the scale of demand and supply. It is practically impossible to link contracts with people or companies.
Nothing.
If someone want a decentralized coin, pseudonymous, high security and will never turn become a scam coin, they can choose Bitcoin.
If someone want a privacy-oriented coin and completely anonymous, they can choose Monero.
If someone wants a centralized coin and there's a chance the project turn become a scam, they can choose any coin including the coin you created e.g. MundoCoin.
If someone want a decentralized coin, pseudonymous, high security and will never turn become a scam coin, they can choose Bitcoin.
If someone want a privacy-oriented coin and completely anonymous, they can choose Monero.
If someone wants a centralized coin and there's a chance the project turn become a scam, they can choose any coin including the coin you created e.g. MundoCoin.
Obviously, Bitcoin has set a standard that will be very difficult for any promising project out there will beat.
Most of the features we would have needed we got them in Bitcoin, Then when you mention privacy coins and coins that have speedy transactions and low fees coins such as LTC, xlm, and xrp are available. The bottom line is that we have had more than enough coins existing today, Instead of bringing more coins, improvement should be done on already existing ones or projects.
There are a lot of cryptocurrencies on the market right now, from those that focus on privacy to those that focus on development.
What other features or technologies are out there that people are hoping to get?
What other features or technologies are out there that people are hoping to get?
Feeless (minimal fee) and quick transactions would be a good selling points for cryptocurrency of the future. NANO, BANANO are some decent examples but we specially need them as utility tokens for dapps and dex. No one would mind paying a minimal fee like a cent when the transaction are fast but our current options have an ever changing fees and the congestion increases when there's a market trend.
So, I believe a ETH competitor with a fixed minimal fee and quick transactions is what we all expect.
I agree with @Apocollapse above.
There's really not much that can be done since many projects are already created. Actually, they just keep on recycling all those projects that were made during the ICO hype.
As long as something can prove his reputation, will not end up as a scam coin, and is backed by an item that can be prove worthy then I guess it's a good-to-go feature.
We don't need those coins that create too much hype by just using the name of another coin or a popular person like a billionaire. They will all just end up either dust, a scam, or a rug pull project.
There's really not much that can be done since many projects are already created. Actually, they just keep on recycling all those projects that were made during the ICO hype.
As long as something can prove his reputation, will not end up as a scam coin, and is backed by an item that can be prove worthy then I guess it's a good-to-go feature.
We don't need those coins that create too much hype by just using the name of another coin or a popular person like a billionaire. They will all just end up either dust, a scam, or a rug pull project.
Nothing.
If someone want a decentralized coin, pseudonymous, high security and will never turn become a scam coin, they can choose Bitcoin.
If someone want a privacy oriented coin and completely anonymous, they can choose Monero.
If someone want a centralized coin and there's a chance the project turn become scam, they can choose any coins including the coin you created e.g. MundoCoin.
If someone want a decentralized coin, pseudonymous, high security and will never turn become a scam coin, they can choose Bitcoin.
If someone want a privacy oriented coin and completely anonymous, they can choose Monero.
If someone want a centralized coin and there's a chance the project turn become scam, they can choose any coins including the coin you created e.g. MundoCoin.
There are a lot of cryptocurrencies on the market right now, from those that focus on privacy to those that focus on development.
What other features or technologies are out there that people are hoping to get?
What other features or technologies are out there that people are hoping to get?
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