Topic: What's the purpose for other alternate cryptocurrecies? - page 2. (Read 1768 times)
I can see a cryptocurrency that uses the sha-3 winner as its hashing function as a good idea.
There are many other ways to do things (proof-of-stake, demurrage, different inflation schedules ... ) which MIGHT be better and which people want to try, but which are too much of a fundamental change to be appropriate for Bitcoin. Thus alternate cryptocurrencies are born. Most will be niche currencies that are mostly proofs of concept, but it's possible that one will get just the right combination of stuff to overcome Bitcoin's first mover advantage and replace it.
The purpose is to show how perfect bitcoin is of course. 
Insight into the testing of bitcoin code in different manners.
Bitcoin is just an instance of an idea. Tweaking block rates, coin amounts, difficulty adjustments, proof-of-work...etc.
That's why.
Bitcoin is just an instance of an idea. Tweaking block rates, coin amounts, difficulty adjustments, proof-of-work...etc.
That's why.
Just asking
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