Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: rbizz on January 12, 2014, 10:50:58 PM



Title: What Alt Coins actually offer something different or unique?
Post by: rbizz on January 12, 2014, 10:50:58 PM
It seems like everything is a copy of something else.  What coins actually offer something different or unique that can contribute to their longevity?


Title: Re: What Alt Coins actually offer something different or unique?
Post by: shtako on January 12, 2014, 10:56:59 PM
Peercoin and Anoncoin imo.

But do your own research.  :)



Title: Re: What Alt Coins actually offer something different or unique?
Post by: hypostatization on January 12, 2014, 10:57:14 PM
XRP / Ripple

Ripple is designed to enable decentralized cross-currency payments and exchange between any currencies available.

A user holding only EUR, BTC, LTC, WDC, QRK, or even DOGE could pay a vendor that only accepts USD.

Instant transactions.

It even supports cash deposits.

https://ripple.com/wiki/Introduction_to_Ripple_for_Bitcoiners (https://ripple.com/wiki/Introduction_to_Ripple_for_Bitcoiners)

XRP is a deflationary currency within the Ripple system that helps enable it all to function.


Title: Re: What Alt Coins actually offer something different or unique?
Post by: Bansheroom on January 12, 2014, 10:58:54 PM
Microcoin - Scrypt Jane with tweaked n-Faktor
https://bitcointalk.org/index.php?topic=397679.0

Qbitcoin - Quark like but complete other algos - true CPU-Only
https://bitcointalk.org/index.php?topic=411065.0

MemoryCoin 2.0 - Voting Feature - own Algo - CPU and GPU
https://bitcointalk.org/index.php?topic=370806.0


Title: Re: What Alt Coins actually offer something different or unique?
Post by: User705 on January 12, 2014, 11:00:45 PM
Nxt - 100% PoS


Title: Re: What Alt Coins actually offer something different or unique?
Post by: A L I E N on January 12, 2014, 11:07:28 PM

Gridcoin:  Scrypt hashing with a dynamic block reward based on BIONC scientific/medical research.  Its a solid unique coin with a strong dev.

https://bitcointalk.org/index.php?topic=324118.0


Title: Re: What Alt Coins actually offer something different or unique?
Post by: tk808 on January 12, 2014, 11:11:06 PM
NXT is the most unique, legitimate crypto-currency currently.

Ripple is pretty different too.


95% of the coins people will talk about are just clones with a different flavor, or, just plain old shitcoins. Most coins are based on existing models.


Title: Re: What Alt Coins actually offer something different or unique?
Post by: Hazard on January 12, 2014, 11:12:42 PM
legitimate
Hah.


Title: Re: What Alt Coins actually offer something different or unique?
Post by: tk808 on January 12, 2014, 11:15:04 PM

Alright, not 100% legit. It has some skepticism and some negative stigma around it.

For the most part, it's whatever you want to believe about a coin; is what's making the coin successful.


Title: Re: What Alt Coins actually offer something different or unique?
Post by: ilic on January 12, 2014, 11:36:12 PM
I think Ripple XRP and TimeKoin are 2 completely different currencies.  TimeKoin based on time rather than hashing power and XRP is, well I find it kinda hard to explain really which could be a bit of a downfall for it but i'm currently 'mining' it via World Community Grid.  I run TimeKoin on the same PC as it uses almost no extra power.