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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: tardi on December 04, 2016, 04:59:52 AM



Title: What kind of features are you looking for in an altcoin?
Post by: tardi on December 04, 2016, 04:59:52 AM
What kind of features are HOT right now?

I was active in this community back in 2014 and back then 'anonymity' features were the hottest thing in town.

What are the hottest features or what features differentiate a good altcoin from a shitcoin right now?


Title: Re: What kind of features are you looking for in an altcoin?
Post by: Herbert2020 on December 04, 2016, 06:34:29 AM
i think i say this from the bottom of the hearts of majority of people around here that we are looking for profit in altcoins and nothing else.

not only altcoins stopped showing any improvement, features and innovation for some time but also we have stopped looking for them too. right now we are only interested in which altcoin is having the best pump so that we can join in and make a $$$tload of money.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: RobFre on December 04, 2016, 10:59:34 AM
When I look for a good altcoin I search primarily for these things: fast transactions (or at least not too slow), presence on a good number of exchange sites, anonimity or some other particular features such as supporting the ecosystem or donating to charity or a particular way to get the altcoin besides Proof of Work and Proof of Stake.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: NeuroticFish on December 04, 2016, 11:06:58 AM
What kind of features are HOT right now?

What's needed in the altcoin scene is innovation.
Anonymous coins are still being created. Making a coin have fast transaction or getting listed on exchanges will work for a few pumps.
But most of the coins are clones of clones. Bring something new and let people decide if the new things you thought of are indeed useful.

And get some good marketing team. Else the new coin will be lost in the sea of altcoins, whether the coin was good or not.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: Spoetnik on December 04, 2016, 11:20:28 AM
Jeezuz fucking christ am i sick of this topic and ALL THE OTHERS LIKE IT.

A broken record of stupidity rails on here ... forever  ::)

I will not school you on how to build a better scammy shitcoin.. that is YOUR job.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: talkbitcoin on December 04, 2016, 11:29:53 AM
i want to see a lot of different things in altcoins but almost all of them are not possible.
- i want faster transactions with immediate confirmation; but that comes at the cost of increased number of orphaned blocks, less security, and a massive blockchain
- i want cheaper transactions preferably free but that means miners have to get paid more reward and that means more dump and price going down.
- i want to be able to mine myself so that mining don't turn into a centralized act that only mining farms can do, but i don't even know that is even possible with the way difficulty works.
- and more things that are smaller but the above was the most important.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: iamnotback on December 04, 2016, 12:20:25 PM
For me, all these features and others that they're building are what I look for in an ALTCOIN.

And what are the names of the 12 users of this coin?

Features without adoption is useless.

"Hey ma, I made a token and everybody had to buy my token in order to use features they can get for free on the Internet (https://youtu.be/_O5fdMFKEC0?t=15)".

"Son, have you ever heard of the hen and egg dilemma?"

"No ma, I am a millennial and we never visited a farm nor left your sofa. Too busy playing Xbox and popping my pimples while eating pizza."


Title: Re: What kind of features are you looking for in an altcoin?
Post by: Zadicar on December 04, 2016, 12:25:41 PM
Jeezuz fucking christ am i sick of this topic and ALL THE OTHERS LIKE IT.

A broken record of stupidity rails on here ... forever  ::)

I will not school you on how to build a better scammy shitcoin.. that is YOUR job.

You got it man lots of threads asking the same thing which no one would really answer because suggestions might be used on creating a new coin using the new features that are being shared by members. Creating scam coin again and the thoughts are there regarding on the new feature. Yeah its his job to research on that :)


Title: Re: What kind of features are you looking for in an altcoin?
Post by: Momimaus on December 04, 2016, 12:28:10 PM

The hottest thing is developing dapps thaat run on Ethereum. Lots of ICOs actually.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: thepo1m on December 04, 2016, 12:35:11 PM
Features that will make my rich, Now to businees, I think smart contract market it still huge and it has never been scrached yet, there are so many applications of smart contract with can make Altcoin market robust


Title: Re: What kind of features are you looking for in an altcoin?
Post by: smyslov on December 04, 2016, 01:52:35 PM
What kind of features are HOT right now?

I was active in this community back in 2014 and back then 'anonymity' features were the hottest thing in town.

What are the hottest features or what features differentiate a good altcoin from a shitcoin right now?

Many altcoins now promising great features then offer us ICO to materialize those features which in real are just promises or something that they cannot really  keep up,I've seen one coin which offer fantastic features like anonymity that in reality cannot be implemented and just gone away taking people money .. 


Title: Re: What kind of features are you looking for in an altcoin?
Post by: Red-Apple on December 04, 2016, 02:35:20 PM
What kind of features are HOT right now?

this question has been asked so many times before and each time people answer and nothing ever changes with the end result i think it is time to change the question and start asking more important questions like "why did almost all the altcoins have failed?" or "why do developers only think about making money? and how can it stop"

Quote
I was active in this community back in 2014 and back then 'anonymity' features were the hottest thing in town.

was it really? anonymity is hot these days in late 2016 i don't remember it being this hot back in 2014!


Title: Re: What kind of features are you looking for in an altcoin?
Post by: clickerz on December 04, 2016, 03:09:16 PM
Quote
What kind of features are HOT right now?


I think its the " transaction speed". If they can innovate something that can confirmed with a speed of light  ;D then its a game changer.If Almost negligible waiting time then many entrepreneurs / merchant and buyers will love it. Though its far from reality since it has also many factors that affect speed like the hardware / network limitations but maybe some time in the future.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: iamnotback on December 04, 2016, 05:10:49 PM
If they can innovate something that can confirmed with a speed of light  ;D then its a game changer.

Done.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: btc-facebook on December 04, 2016, 05:16:00 PM
Ofcourse it's value that I'm focus and then the value fluctuaction and last thing is volume
Once it match with my requirement, I'm usually start to invest as much as possible


Title: Re: What kind of features are you looking for in an altcoin?
Post by: Derek492 on December 04, 2016, 09:27:14 PM
MINT confirms in 30 seconds and is energy efficient and pays a 5% per year dividend from minting.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: European Central Bank on December 04, 2016, 10:10:53 PM
for an alt i'm looking for insider early investors, an insane premine, constricted supply that I have some of and being on the right exchange.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: visdude on December 04, 2016, 10:17:38 PM

I think anonymous/private/untraceable transactions is still the mainstay among all the desired features in a coin. That's pretty much obvious.

Most if not all coins (I don't know since I don't follow all of them) are focused on a lump-sum mining reward system; a winner-take-all reward model. How about incorporating a mining-pool-like reward structure within the protocol? In other words, why not distribute the mining reward to all participating miners/workers according to shares similar to what current mining pools are already doing? Perhaps, a little extra reward to the miner/worker that solves a block could also be included as additional motivation for "individuals" to dedicate more hashing power to the network. I'm not sure if this is even technically achievable as I am not a full-fledged geek but if it is, it should prevent centralization by dominant mining pools. This should encourage "individual" (solo) mining since there will be a guaranteed reward already regardless of hashing power instead of waiting forever to win the "lottery", thereby taking a mining pool out of the equation. This could also end the mining pool business model and therefore maintain decentralization.



Title: Re: What kind of features are you looking for in an altcoin?
Post by: asriloni on December 04, 2016, 10:46:00 PM
What kind of features are HOT right now?

What's needed in the altcoin scene is innovation.
Anonymous coins are still being created. Making a coin have fast transaction or getting listed on exchanges will work for a few pumps.
But most of the coins are clones of clones. Bring something new and let people decide if the new things you thought of are indeed useful.

And get some good marketing team. Else the new coin will be lost in the sea of altcoins, whether the coin was good or not.
Lol The Shadow cash had been made in 2014, and it already created for a long time ago, another anonymous coin was copying his idea.

They are clone it becomes plagued for crypto, that is fucking coin right now. But investor was smarter they are not taking the clone coin which means a lot of them was failing.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: legdunes on December 05, 2016, 01:33:59 AM
Transaction speed holds a lot of importance for me.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: bbc.reporter on December 05, 2016, 02:02:59 AM
What kind of features are HOT right now?

I was active in this community back in 2014 and back then 'anonymity' features were the hottest thing in town.

What are the hottest features or what features differentiate a good altcoin from a shitcoin right now?

You do not get it. The people are now starting to realize that bitcoin is the only coin that is worthy to be held as a store of value. So if I was asked what features I am looking for in an altcoin, I would say simplicity, speed, scalability and anonymity. Plus a blockchain that does not bloat too quickly.

All altcoins claim to have the features that will change the world but they have not solved the simple issues that limit bitcoin.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: jacktheking on December 05, 2016, 02:06:46 AM
"Anonymity" is not something that I will consider when choosing an Altcoin to invest now. Personally, I would look into Altcoin with no ICO (excuss my signature campaign. :/) and have a rich history (more than six months). Another factor that I will also consider is the wallet. My computer only have 2GB of ram and if the wallet is light-weight, it will be easier for me to join the HYPE for the cryptocurrency.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: iamnotback on December 05, 2016, 02:27:55 AM
I am looking for an altcoin that can turn the youth away from Socialism and towards being productive:

Bernie Sander's Millennials Socialism is Coming... (https://youtu.be/zlmuKtyhDKg?t=261)

Surely they will feel better about themselves being productive and earning their own TAXABLE money, than stealing from others.

Please spread this message to the spoiled-brat Millennials (https://bitcointalk.org/index.php?topic=1703293.0)


Title: Re: What kind of features are you looking for in an altcoin?
Post by: BlockEye on December 05, 2016, 02:28:08 AM
"Anonymity" is not something that I will consider when choosing an Altcoin to invest now. Personally, I would look into Altcoin with no ICO (excuss my signature campaign. :/) and have a rich history (more than six months). Another factor that I will also consider is the wallet. My computer only have 2GB of ram and if the wallet is light-weight, it will be easier for me to join the HYPE for the cryptocurrency.


Your opinion is completely opposite to mine, First of all i want the feature of "Anonymity" to avoid money laundering case and at the same time, my life will be safe if i have a lot of money in my wallet. And ICO is the modern way on investing now, It will make the project strong and not easily to destroy. The monthly dividend is a good idea. I think Altcoin that pure POW is an old skul type and will not withstand the dumping and it will die soon.    


Title: Re: What kind of features are you looking for in an altcoin?
Post by: bbc.reporter on December 06, 2016, 12:16:29 AM
"Anonymity" is not something that I will consider when choosing an Altcoin to invest now. Personally, I would look into Altcoin with no ICO (excuss my signature campaign. :/) and have a rich history (more than six months). Another factor that I will also consider is the wallet. My computer only have 2GB of ram and if the wallet is light-weight, it will be easier for me to join the HYPE for the cryptocurrency.

You may think anonymity is not important today because you might be neglecting the fact the fungibility will become a critical feature for all cryptocoins in the future. The evolution of all in the cryptosphere is going towards this and this is one of the foundations of crypto, correct? To hide something thru encryption. It could be the same for cryptocoins.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: shinratensei_ on December 06, 2016, 02:02:24 AM
"Anonymity" is not something that I will consider when choosing an Altcoin to invest now. Personally, I would look into Altcoin with no ICO (excuss my signature campaign. :/) and have a rich history (more than six months). Another factor that I will also consider is the wallet. My computer only have 2GB of ram and if the wallet is light-weight, it will be easier for me to join the HYPE for the cryptocurrency.

In my mind, The pseudonymous was already enough. I don't wish more about it. I think fermat was being a good example for your interest ICO. Because the chance for to be a scam purpose was getting reduce in my mind.



Title: Re: What kind of features are you looking for in an altcoin?
Post by: harizen on December 06, 2016, 02:31:32 AM
Just remove those promises or disclaimers that their crypto launched will make people rich someday or will jump out quickly in a conclusion that all in all, coins will be great for making money. They must care for the development of the coin at any cost and not to make money as the main purpose why it was launched.

Also when pump happened and hype began to minimize after that, Devs must still intact with the project and don't ever let it go just because it established a low volume.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: robelneo on December 06, 2016, 03:28:36 AM
All the features I'm looking on a coin are all on Burstcoin this is my opinion,but I just want a hard working dev team behind a coin which can update the coin and fix all it's bugs and of course many projects behind it,many coin has different features but once the dev left the projects, it goes down the drain,only Bitcoin survived this scenario.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: Red Fish on December 06, 2016, 08:08:46 AM
Altcoin with the good anonymity is also in demand from altcoin users. Another important point is fast and simple transfers. But of course Nr.1 point is price growing, because then users can make some fast profit.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: stomachgrowls on December 06, 2016, 08:58:59 AM
In my opinion anonymity feature is already common for most currencies out there on which most coins do claim that they have anonymity feature and some have other features which isnt present to another one which could able to get the interest on some investors or people.Just like what other members said here one thing matter the most for me besides anonymity is the accurate transfer of money from person to person.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: btcdiggingmaster on December 06, 2016, 10:56:43 AM
The main objective of the people is to make money but the problem here is all crypto's are failing at some point because bitcoin price is not all stagnant. When bitcoin price increases really many people hesitate to buy because of high price, even many dev are also not showing any development in the project. Once dev are being active in forum then definitely their will be movement in many coin, Many investors are keep waiting for their money but nothing happens.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: fortunecrypto on December 06, 2016, 12:10:34 PM
What kind of features are HOT right now?

I was active in this community back in 2014 and back then 'anonymity' features were the hottest thing in town.

What are the hottest features or what features differentiate a good altcoin from a shitcoin right now?

Added anonymity is the big talk of the town and of course more upgraded asic mining equiptment,but the hotest thing now are the ICO,every day a new ICO is being launched where dev premine the coins and offer it to sell at a much lower price in exchange for the development of the coin and it's usage.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: visdude on December 18, 2016, 12:31:03 AM

How about establishing from the get-go a denomination implementation/convention/name scheme that resembles the dominant reserve currencies of today (USD, EUR, etc.) instead of decimal places that only tech geeks could decipher? Decimals are daunting enough for most people but to break them down further and giving fancy schmancy tech names (micro this, milli that, etc.) for every few decimal places is not conducive to mainstream adoption. For example:

Bitcoin:

Instead of:

XBT 1.00000000 (1 BTC)

Why not:

XBT 1,000,000.00 (1 million BTC similar to USD 1,000,000.00)
XBT 0.99 sats or satoshis (Why not use the familiar "cents" here?)

Monero:

Instead of:

XMR 1.000000000000 (1 XMR)

Why not:

XMR 10,000,000,000.00 (10 billion XMR similar to USD 10,000,000,000.00)
XMR 0.99 pons or ponies (Just made that up but again, why not use "cents" here?)

Any fraction of XBT/XMR 0.01 could be rounded to it just like with reserve currencies (i.e. $0.01538 = $0.02; $0.01437 = $0.01). As far as implementing this particular aspect at the protocol level, I dunno; I'm not a coder.

In other words, start with a very simple convention pair (i.e. XBT unit/satoshis or cents; XMR unit/ponies or cents -- similar to USD unit/cents).

Any nickname for certain denominations should organically evolve from the community or the public in general just like how it developed with the reserve currencies (buck, quid, grand, Benjamin, Lincoln, etc.). Perhaps:

XBT 1,000,000.00 (1 BTC) = a "Nakamoto"

XMR 10,000,000,000.00 (1 XMR) = a "Fluffy"

...and so on and so forth.



Title: Re: What kind of features are you looking for in an altcoin?
Post by: Huge Black Woman on December 18, 2016, 12:36:00 AM
Me, I gotsta say stability.  I don't want none them coins that end up at zero after a month.  You all traders like those, but they garbage to me.  I jist tend to stick wit' bitcoin.  All them others leave me col'.  But faster network time is a good thing.  Bitcoin do be laggin' in that.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: Pearls Before Swine on December 18, 2016, 12:54:57 AM
The only feature that stokes my flame is an enormous user base.  That is what will kill all of these shitcoins.  People aren't going to have the passion they had for them in 5-10-20 years, and there won't be any miners or anyone even wanting to use the coins.  Bitcoin is good like that.  If people have heard of crypto, they've likely heard of bitcoin exclusively.  Some of these coins have fanatics, like DOGE, but I don't have high hopes for a lot of them.


Title: Re: What kind of features are you looking for in an altcoin?
Post by: noictib on December 18, 2016, 02:27:36 AM
What kind of features are HOT right now?

I was active in this community back in 2014 and back then 'anonymity' features were the hottest thing in town.

What are the hottest features or what features differentiate a good altcoin from a shitcoin right now?
Actually all the altcoins in the online crypto market is having the value in satoshi only .
So I we need to make buy sell then we are insisted to make deal in Bitcoin only than we can purchase other altcoin .
So there should a better thing in altcoin that it can be converted into any altcoin without going through Bitcoin .


Title: Re: What kind of features are you looking for in an altcoin?
Post by: coynedterm on December 18, 2016, 02:33:05 AM
What kind of features are HOT right now?

I was active in this community back in 2014 and back then 'anonymity' features were the hottest thing in town.

What are the hottest features or what features differentiate a good altcoin from a shitcoin right now?
I am thinking that all the altcoins have the same property like to make buy/sell with Bitcoin or other with doller directly exchange site .
But I think the trader only making purchase of that altcoin which is much famous/popular because every trader knows that if he will buy inactive coin than it would take much time to get Profit or may be the price can't rise up and go Down .


Title: Re: What kind of features are you looking for in an altcoin?
Post by: freetrades11 on December 18, 2016, 03:04:47 AM
 I like Victorious Coin -- it has a good symbol and is cheap, and should gain traction over time (hopefully xo)

https://alcurex.com/#VTY-BTC


  No volume on this coin, but I would like more if there was some volume.  lol


Title: Re: What kind of features are you looking for in an altcoin?
Post by: digaran on December 18, 2016, 03:19:38 AM
Even bitcoin still isn't a thing and only a few hundred thousands of more than 7B population of the world are into bitcoin and 10% of them actually are into altcoins, they are more like a bad joke if you ask me and seems people already know that but they are not much caring about it as long as they can develop a new and totally unneeded altcoin and trick the new comers to invest their hard earned money so that they can have their pockets filled with cash.
But tell me again why do the world needs a few thousands virtual coins besides their own country's currencies?
You really think that people are idiots to hand over their wealth where only a few anonymous nerdy coders can spread their legs and shit all over their whole life simply just by doing a stupid fork or leaking info to some hacker to partner to gain a huge advantage over the mining process?


Title: Re: What kind of features are you looking for in an altcoin?
Post by: jabo38 on December 18, 2016, 05:18:50 PM
NEM has 4 full-time devs working hard at making it the best blockchain platform. Launched before Ethereum, yet having had no major problems with its network and lots of extra safety and security features while also having lots of built-in features make it an ideal platform for people to build on.