Topic: What you want out of a new cryptocurrency? (Read 493 times)

I would expect to see a currency with user-friendly interface, fast transaction speed and easily convertable to other forms of payments in the future.

I'm interesting looking something new and I have amazing feels when everybody thinking that bitcoin is a bubble. Enjoy the show, enjoy the show.

This should be a simple and convenient application with a clear interface, a good and reliable purse. And of course without commission and instantly. And after Iko become a steadily growing coin and in a short time to take a place in the top.

The new coin to be born in the crypto money world should be a useful project for the future. Being a project that will make life easier in the future will be a valuable investment in the long run.

it might be better if the coins are accepted in various/major online shop, because sometimes it is a bit difficult if we want to shop at other country due to currency differences

By far the most novel thing any new crypto could bring is a real plan for adoption, not just by investors or miners or speculators, but by retailers and consumers.  All the bells and whistles should be secondary to that, and narrowly tailored to those things that aid retailer/consumer demand.  To date, there isn't one real retail coin, and while investors tend to yawn at new coins being 'just' for purchases, it's still basically an untapped market.  Most cryptos have centralized tech upgrades but leave adoption to their users to somehow generate.  A centralized (usually a dirty word here, but there are times where it's handy, lots of coins have foundations to do this, even though most have insufficient resources/planning to do it effectively) organization to promote adoption that's actually capable of incentivizing adoption in the target audience would be priceless, and that's what has drawn me to Shekel.

You've been somewhat tight lipped about exactly what you're doing on retail adoption and who/how many retailers are biting, but at the same time, there's only one way that you'd be getting the rate of adoption you've alluded to among retail partners you've approached, that's why the premine percentage doesn't bother me and why I'm looking forward to shekel announcements in the future.  Premines aren't justifiable in a lot of cases where someone just forks some code and hopes to reap a bounty on speculation, but if you actually use the premine to create value, any of it that shekel labs keeps will be very well earned and any premine spent on adoption is worth its weight in gold.

I do think atomic swaps could be incredibly useful in creating different types of accounts on different chains and moving between them.  Imagine sklg was more of an investment account, not really for daily purchases of groceries and gasoline.  If you could easily move money you'd been paid in shekel to sklg in your own wallet without a 3rd party, that'd be grand.  Using Lightning network to do those atomic swaps would also give you a built in scaling solution as well should shekel face the kind of congestion that hurt bitcoin's retail ambitions so much.

I think it'd be nice for the investment account if your wallet made it very easy to use multisig for security, so you could store more money in investment with less concern of it being stolen.  But it's one thing to support multisig, it's another thing for it to be super easily usable and comprehensible to an average, non-crypto-initiated consumer.  Having to authorize a move on multiple devices (two different smartphones or one phone one laptop/hardware wallet etc) from your savings shekel to your spending shekel would make it much harder for malware or hackers to quickly steal large stashes of shekel.  Cold storage is safest, but it's not very user friendly.

Finally, if shekel retail partners were hodlers, you could offer them the ability to draw interest through Proof of Stake/hybrid POS and simultaneously diversify how you secure the blockchain and how you keep it moving steadily.  Hybrid Proof of Stake can offer more than just security, it can be an incentive for your retail partners to not only hodl, but evangelize to their consumers as they see their hodlings increase even when the market is flat.  Good luck!

The belief in my future financial future is enormous. Maybe I'm greedy! But it would be great if I could use a cryptographic coin that could be used all over the world with absolute security, fast transaction speed and lowest possible fees. And better if it's available offline.

Some people want a new cryptocurrency that has a stable price, but it doesn't matter about the stable price, it is all about the majority of people want to used and adopt that certain kind of crypto coin. Maybe the rapid price increase and decrease of cryptocurrencies coins are the best strategy that many people want to invest. Because more investors invest on the lower price, and if crypto coins price are on stable, all investors are disappear. Nobody wants to invest when crypto price are on the stable line.

Wow you did have really an idea on how you are going to start this type of transaction. I'm happy that I contributed with the idea that I've passed to you and still credits to the one who asked it before. This thread seems to give you a lot of ideas that you can develop during your planning session to developing to test cases. As long as your coin has a use and it won't be like those early coins that has nothing to contribute to the community.
This isn't a new feature for a new crypto.

I want :
1. Good and useful product
2. stable increase in the value of the token
3. a reliable company that issued a token to the exchange

Personally i meed a crypto currency that can solve real life situation not the ones with lazy developers that does not have any application

You can find the legit on cryptocurrency but the people who have involved on crypto investment only scamming the people investing on it. Scamming you can find in the many ICO projects come on various places to scam the newbie investors.
I expect the new crypto should support the payment mode in decentralized to use the complete world like how we use the paypal in this world.
Consuming the big fees and making money out of our money but cryptos is big tool to avoid these worst fees consumption from us.

that's a vast figure and exactly what most people would not want to get involved with. people will automatically be forced to trust you to do the right thing with your holdings which is precisely why many left the old investment world behind and are getting increasingly disillusioned with this one.

i know you got bills to pay like everyone else, but that's gonna be a turn off for many.

other than that, let's see a cryptocurrency that has found a real world use and has formed business partnerships to exploit it. and i don't mean vague PR about something cool happening 'soon'.

What up with the pre mine? There is no need for that if the project can be a success....

tatu expect the near future will not have to. Every user knows that the crypto currency is very unstable and therefore there is no point in expecting stability in the price. Perhaps this is another obstacle to use in everyday life.

For me best crypto would be a coin that it's price is stable, is easy to exchange and can be used in many ways. For that the primary things would be a group of people to menage it and technology behind it.

well, this seems really nice!
if you really are going something like this man, well, it will be huge!
Let me know, but i'm sure that in a way or in an other i surely will hear about your project!

What I want out of a new cryptocurrency is first and foremost it must be legit. I mean the developer and its team are real people and that every crypto investors could see that they really exist so that we know who handles our money and that the cryptocurrency they develop would be very useful for everyone's convenience.

a thing we must keep and create a new world of coin that will produce for all of us, we have now seen an advanced development of cryptocurency so that only our logic and mind will determine whether it is worth keeping in the interests of all of us.

I want following things:
1. Stability - Majority of stakes shouldn't be held by the company
2. High Utility - Should be able to use coins as currency
3. Good and exciting product
If you're able to bring these features, then I would be the first person to invest.

It was an original idea that came from someone who is a stranger here in a forum asking things such like that if it's possible to transfer bitcoin offline.

Innovation is there and for sure this will raise awareness not only to your team but for most of the blockchain devs but if you think this is possible to what you are developing.

Best of luck.  

Creating a new currency will not be any good now unless it totally offers new technology . The success of any new currency measure by the number of people adopting it and the amount of currencies we already have is more than enough . So do not thing of creating any new currency based on whatever blockchain you will choose . So unless you have your own technology and are prepared to offer something totally new , Please do not bother CMC is already full of copycat useless coins .

Now what really is working at the moment is the utility coins or tokens that are behind a real projects .

My dream CryptoCurrency should have a trust base first of all. The developers should come up with a different new ideas and vision that will drive the productivity in the crypto market. A good team and visibility too.

You're welcome mate. We are working on our coin as well now (been in the works for few months already), so I've just shared things I would like to have implemented in our project, whether before or after launch

Everyone in the crypto community has a common dream, to have a currency that is acceptable in all aspects such as the government, the national financial system, the merchant and most of all the world. If that is your ultimate goal then I will throw my 100% support and I know that the whole community will do the same as well.

I'm surprised ... I guess you will not reply to my comments . And I will come when the time has come

I want to see that the new crypto is able to rival the old crypto. I see that the recent crypto is very difficult to have a large community like the legendary crypto.

Given today's trends people want anonymity (zerocoin etc), speed (1-2 min. blocks), potential for further apps development (platform/backend), and of course exchangeability (presence on at least a few good  exchanges, possible atomic swaps in the future etc).

it's not what i need, it's what crypto's world need.
i've been using crypto and token since 2014. I have no problem to do it.

I think that my mother, or some of my friend, will never use crypto if they won't become simple like paypal, yes.

The first received by everyone and has a low cost commonly used in everyday life, The second thing is to see how much public interest given to the type of altcoin. (New)

Decentralized and brand new technology based! I hope we will see new level bitcoin soon. And of course maximum profit, 3000% - thats will be ok) In crypto we trust

i really want, or better, i think is really important, that the new cryptocurrencies, will be...simple!

But i mean, 10 times simpler than now!

Crypto have to do the big jump...and to do that, they must become simpler. Otherwise, people will not use them...

Yep that's innovative and new but that looks impossible for now.

Yes no one has done that so if you think that you have enough technology and you can do it that will make your project something new and unique as a crypto.

it might be better if the coins are accepted in various/major online shop, because sometimes it is a bit difficult if we want to shop at other country due to currency differences

Lol, you don't need a new coin for that one though. What you're talking about is just necessary infrastructure to permit an easier way to exchange fiat to crypto and viceversa. Look into dether for that. They've been working hard since their ICO and they have a decent, working product. It just needs adoption, which by the looks of their dedication, will come along. Shameless shilling, I know. But I actually have faith in the project.

My dream cryto? Let's see. Must be fast, more decentralized as it can and easy to use, which means that even my grandma must be able to send and receive coins.
On top of that it must be useful for developers to build dapps on top of it.
Let's summarize it then, a "front end" with all the tools needed for a mainstream adoption, a "back end" part where developers can access to a multitude of tools to develop their dapps.
I guess that two of my favourite coins, Ark and Waves are not far away from that vision.

About crypto-fiat, I don't know, since our goal is to spend crypto in stores, I don't see this feature useful in 5-10 years from now

The ideal coin for my is one that can exchange my fiat without commissions and delays.
I just run an app on my phone and exchange my money for crypto.

Run from crypto
Why

Im not sure about that.
Yeah, we know crypto now is something dizzying.
But this is my job.
I can get a payment and money from this crypto.
This crypto change my life and i will never leave this.

This is new if you can do transactions offline. If someone can do a crypto that has this feature then for sure it will bloom.

Can't think of something anymore since most of them are just the same.

I would suggest out of the box app, features and services, if it is only payment crypto currency then it should provide instant transfers and low transaction fees with innovative and easy to use wallet and app.

In my opinion dream crypto is when it have good and sure future, which aspects have any potencial.

I do not have special requirements, now in cryptocurrency the most important is making new coins with sense that so that they would not turn out to be a shitcoin.

Stay focus on good and interesting technology, change the biggest problems with crypto for own advantage