I know this topic has been covered before, but I'm asking the Monero community to please consider changing the name to something more descriptive of what the coin does.
Before people jump in with the "Esperanto" reply...I know about that, but only because I've been following this coin and other cryptonote coins. It's an interesting name. The problem is that >90% of people have no idea what Esperanto is, nor do they care.
A brand name is very important. How about something that describes what the coin does, such as:
- PrivacyCash
- PrivacyCoin
- eCash
- eCoin
Those names somewhat describe what the coin does and hint at its features. This is important if it expects adoption outside of the techie circles. I suggested the same points on the Fantomcoin thread. I have a handful of each coin.
I say this because I want to see cryptonote coins succeed. I think they are a valuable compliment to Bitcoin since they offer complete privacy whereas Bitcoin is pseudoanonymous. There are legitimate needs and uses for each. A more descriptive name would, imho, have a broader appeal to the general population.
Why dont we rename Monero to Darkcoin now that it is available just for the lols
99% of the shitcoins in this forum is doing exactly what you propose. I am glad that monero isnt. Monero as a name is perfect for many reasons and one of them is that it differentiates itself from the rest. Another is that by being in esperanto it is universal.
And i think that people on this forum know what monero does. If they dont it is our job to inform them with serious posts and infographics. In the end, i dont care for people who will choose a coin just because of the name.
Well #1, i was going to save this for the digest, but here it is:
some group is already re-branding with darkcoin.
https://bitcointalksearch.org/topic/ann-dark-dark-100-pos-stealth-anon-1002259oh joy.
#2: re monero name change. Luckily, I doubt this will happen... but I think its important to discuss why it won't happen etc. There's been extensive literature on this (i'm sure david L will step in with a good link or two), but the gist of it is that we're trying to create a new currency. A new way of exchanging value. But because its an advancement of something we already do, there's no need to call it what it does.
Take the case of the automobile. Yes - that term defines what the thing does. Did automobile stick? Sure - we all know what an automobile is, but we call them cars (well this could be my regional bias creeping in here). And the etymology of cars is wheeled vehicle apparently (hooray internet). Or this thought thread could be going way off kilter and im just rambling because my brain is fried because I thought reading the XMR v DRK thread would be entertaining.
The other approach is that bitcoin / crytocurrency is still early in the curve, so there's no precedent yet for names or whats best etc.
This is an old survey, but I doubt things have changed much.
http://www.forbes.com/sites/perianneboring/2014/02/22/bitcoin-basics-for-the-76-percenters-who-dont-have-a-clue-what-it-is/I mean hell, bitcoin itself is a misnomer (as far as I understand it, and I'm a freshmen at CryptoCurrency University, so someone please school me )... because there are no goddamned coins that move around. its just entries on a ledger. But if you have ownership of an input of 10, i guess you gotta call that 10 something.
Furthermore, bitcoin has already been "kleenexed" or "xeroxed" or "band aid"ed. (If you're outside the US, we call a tissues kleenex because a major brand "kleenex" made a lot of tissues. The company Xerox created the photocopier, and it was such a mindblowing concept that people didn't know what to call it, so Xerox had to come up with "photocopy", but peopled started calling the process "xeroxing"... I forget the name of the phenomenon, but companies actually invest money to STOP this from happening, because eventually the public associates a given thing with a given brand name, regardless of the actual brand.)
My point is, I read a Gizmo article that went something along the lines of "A bitcoin - specifically, Litecoin, ...." It had to do with that uTorrent sneaky addon app that was a litecoin miner or something.
So according to the 75% of people that have no idea what bitcoin is, monero is a bitcoin.
I think I lost myself. time for bed.
